Army colonel plans to lead Madagascar after coup ousts civilian president

The Chamber of Commerce has filed a lawsuit against the Trump administration over a significant increase in H-1B visa fees, which have surged to between $2,000 and $5,000. This price hike could have serious implications for businesses relying on skilled foreign workers, potentially stifling innovation and growth in various sectors. The outcome of this lawsuit may set a precedent for future immigration policies and their impact on the economy.

The Colombian Senate has approved a substantial $140 billion budget for 2026, which is now on its way to the president for final approval. This budget is significant as it reflects the government's commitment to economic growth and social investment, aiming to address pressing issues such as education, healthcare, and infrastructure. The approval marks a crucial step in shaping the country's financial landscape and could lead to improved living standards for many Colombians.

Madagascar is currently facing a significant political crisis as the military has taken control following the impeachment of the president. This upheaval raises concerns about stability in the region and the future of governance in Madagascar. The situation is critical as it could lead to further unrest and impact the lives of citizens, making it a pivotal moment for the country's political landscape.

The success of Donald Trump's plan for Gaza hinges on his commitment to remain engaged and apply pressure on the conflicting parties, especially Israeli Prime Minister Netanyahu. This situation is crucial as it could influence peace efforts in the region and shape future U.S. foreign policy.

Volvo Group reported a 17% drop in profit for the third quarter, primarily due to weakening truck demand in the Americas. This decline highlights the challenges the company faces in a fluctuating market, which could impact its future growth and investment strategies. Understanding these trends is crucial for stakeholders as they navigate the evolving automotive landscape.

The FDA has approved expanded pediatric indications for Yuflyma, a significant development that allows more children to benefit from this treatment. This approval is crucial as it opens up new avenues for managing conditions in younger patients, ensuring they receive the care they need. With this decision, healthcare providers can now offer Yuflyma to a broader age group, potentially improving health outcomes for many families.

The US and UK have imposed sanctions on Chen Zhi, a Cambodian tycoon, and his Prince Group, accusing them of orchestrating a vast cyber-crime network in Southeast Asia. This operation allegedly involves large-scale online scams that exploit trafficked workers to deceive individuals globally. This matter is significant as it highlights the growing threat of cybercrime and the international efforts to combat such illicit activities.

Booz Allen Hamilton's stock rating has been downgraded to 'Hold' by TD Cowen, reflecting concerns over a challenging government environment. This decision highlights the pressures the company faces in securing contracts and maintaining growth amidst budget constraints and shifting priorities in federal spending. Investors should pay attention to how these factors may impact the company's performance moving forward.

BBVA's ambitious $19 billion hostile takeover bid for Sabadell has collapsed as only a quarter of Sabadell's shareholders accepted the offer, failing to meet the necessary 30% threshold for the deal to proceed. This outcome is significant as it highlights the challenges in mergers and acquisitions, particularly in the banking sector, and raises questions about BBVA's future strategies.

BBVA's ambitious $19 billion takeover bid for Sabadell has collapsed as only a quarter of Sabadell's shareholders accepted the offer, failing to meet the necessary 30% threshold for the deal to proceed. This outcome is significant as it highlights the challenges in mergers and acquisitions, particularly in the banking sector, and raises questions about BBVA's future growth strategies.