America
Zohran Mamdani wins New York mayorship, becoming city’s first Muslim mayor
Zohran Mamdani has crowned his campaign for New York City Mayor with victory, coming in first with 50.4% of the vote.
According to data from the New York Board of Elections, former Governor Andrew Cuomo, who lost to Mamdani in the Democratic Party primary in June and ran as an independent candidate, gaining the support of President Donald Trump in the final hours of the race, received 41.6% of the vote.
Curtis Sliwa came in third with 7.1% of the vote.
On January 1, Mamdani will become the city’s first Muslim mayor and the second mayor in modern history after David Dinkins to be identified as a “democratic socialist.”
Mamdani’s campaign was supported by left-leaning, young voters who were particularly drawn to his message of low-cost housing for the housing crisis. In the Democratic primary, Mamdani was seen to have performed well in New York’s gentrified neighborhoods.
After the election results were announced, Mamdani addressed a large crowd at the Brooklyn Paramount Theatre, stating that his audience consisted of “progressive working-class voters, immigrants, and people of color who could not see themselves in the Democratic Party.”
Mamdani added that politics in the city would soon change to better reflect the needs of the people it serves.
Mamdani also addressed Trump
The mayor-elect said, “This new era will be defined by competence and compassion, which have been at odds for too long. We will prove that there is no problem too big for government to solve and no concern too small for it to address.”
Mamdani added that starting January 1, they will “launch a city administration that helps everyone.”
During the campaign, Mamdani managed to mobilize more than 100,000 volunteers to visit over 3 million homes in 273 New York neighborhoods.
In his victory speech, Mamdani invoked historical figures of socialist politics in the US, Eugene Debs and Fiorello Henry La Guardia, and said his administration would set “the most ambitious agenda to solve the cost of living crisis.”
The democratic socialist pledged, “We will stand with unions and expand workers’ rights because we, like Donald Trump, know that when workers have strong rights, the bosses who try to exploit them become very small.”
Stressing that New York will “continue to be a city of immigrants,” Mamdani noted that the city was built by immigrants, strengthened by immigrants, and “from tonight, will be a city run by an immigrant.”
Mamdani, who faced harsh attacks from Trump before the election, also addressed the president, adding, “So listen to me, President Trump, you will have to get through all of us to get to any one of us.”
In response to the White House increasing raids on immigrants, Mamdani opposed deportations, pointing to his strong base in the election and promising to take tough measures on the issue while in office.
Mamdani said, “I thank those who are often forgotten in our city’s politics, who embraced this movement as their own. I’m talking about everyone from Yemeni bodega owners to Mexican abuelas, from Senegalese taxi drivers to Uzbek nurses, from Trinidadian cooks to Ethiopian aunties—yes, aunties.”
He called the president a ‘despot,’ Trump accepted the challenge
Describing his victory as a way to defeat Trump, whom he called a “despot,” Mamdani, to the enthusiastic applause of the crowd, said, “Donald Trump, I know you’re watching, I have four words for you: Turn up the volume.”
Meanwhile, after Mamdani’s victory in the New York mayoral election, Trump issued a warning to him, writing, “So this is how it begins…”
In the middle of Mamdani’s victory speech, during which the mayor-elect made several references to the US president, Trump shared a short message on Truth Social.
This post could be interpreted as Trump kicking off his campaign for the 2026 midterm elections. Republicans have revealed their intention to use Mamdani as a weapon against Democrats, portraying him as a symbol of leftist radicalism.
Trump, stating that he plans to prevent Mamdani from “ruining” New York and is considering cutting federal funds to the city, may also be signaling a harsh conflict between his administration and the new mayor.
Cautious support from Wall Street
According to the Financial Times (FT), New York’s financial elites have given cautious support to Muslim democratic socialist Zohran Mamdani after he won the city’s mayoral election with record turnout.
Many on Wall Street had been skeptical of the 34-year-old Queens assemblyman due to his criticism of the wealthy class in a city dominated by finance and real estate giants, and his promise to introduce an additional income tax on salaries over $1 million.
However, in the final weeks before the election, Mamdani intensified his “courtship” of New York’s business community, attending a series of meetings to secure an inevitable victory.
Ralph Schlosstein, retired chairman of the investment bank Evercore and one of Wall Street’s most influential Democrats, said it was time for New York to come together after a bitter election race.
Schlosstein said, “The turnout is fantastic. Unbelievable. I think it’s the highest turnout ever in a mayoral election. We owe him a great deal of credit for energizing the voters. He offered hope and opportunity… Now it’s time for everyone to come together and help him be as successful as possible.”
Yasser Salem, chairman of OneNYC, an independent committee supporting Mamdani, helped establish a business advisory council that will begin working with the new mayor in the coming weeks and said his “phone has been ringing off the hook.”
But many financiers remain skeptical of Mamdani. One hedge fund manager said he was concerned that the crime rate would increase if Mamdani became mayor, adding, “You can’t have a socialist in the biggest capitalist city in the world.”
Another senior business leader, who said he appreciated the mayor-elect’s statements after the election, argued that “the move toward the middle ground seems a bit disingenuous” and added that Mamdani’s views on the economy and the Israeli-Palestinian conflict were inflexible.
Bill Ackman extends an olive branch to Mamdani
Wall Street giants like hedge fund manager Bill Ackman and former mayor Michael Bloomberg, along with business leaders like Palantir co-founder Alex Karp, donated millions of dollars to the campaign fund of Mamdani’s main rival, Andrew Cuomo.
Ackman, who had been particularly critical of Mamdani, extended an olive branch to the new mayor on Tuesday evening, congratulating him on his victory. The billionaire said in a social media post, “You now have a great responsibility. If I can be of help to New York, let me know what I can do.”
Mamdani’s opponents on Wall Street became increasingly pragmatic in recent weeks as his victory looked more and more likely, deciding it would be better to support the new mayor.
Robert Steel, who served during Mike Bloomberg’s mayoralty and worked as an executive on Wall Street for many years, said that the most important thing now is the dozens of agency heads chosen by Mamdani for city hall.
Steel said, “There are 30 to 50 people who really run the city.” One Wall Street heavyweight even expressed support for higher taxes.
Antonio Weiss, a veteran Wall Street financier and former US Treasury advisor who actively consults on New York City’s financial matters, said, “He has been effective in expanding his coalition and reaching out, which will build confidence in his administration. There should be no debate about a small tax increase combined with a real effort to make government more efficient and then invested in a program like childcare, which allows more young families to stay in the city.”
America
Musk appointed co-director of Pentagon future warfare initiative
The world’s richest man, Elon Musk, has assumed the co-directorship of a Pentagon initiative focused on the future of warfare, known as “Project Meridian”.
Musk’s new role was announced by US Secretary of Defence Pete Hegseth.
Musk, who has long expressed his conviction that wars will ultimately be fought with autonomous unmanned aerial vehicles, will advise the project as co-director alongside Palmer Luckey, founder of defence start-up Anduril, and former Speaker of the House of Representatives Newt Gingrich.
In a memorandum issued at the Pentagon, Hegseth stated that the group would “examine the battlefields of the future” and “determine which weapons and technologies warfighters must employ to achieve dominance in these environments.”
During his “State of the Force” address at Marine Corps Base Quantico, Hegseth said:
“The best predictors of future conflict do not reside exclusively within the Pentagon. Obvious biases and risks arise when we task ourselves with both framing the questions and answering them.”
Hegseth stated that this initiative would commence immediately and that, following his address, he would convene with Musk, Luckey, and Gingrich at a secure location.
Project Meridian will have 120 days to “ruthlessly map the trajectory of wars, domains, and technologies”, a process that will culminate in the public disclosure of its findings alongside a classified annex.
Hegseth outlined an expansive mandate extending “from beneath the surface of the Earth to beyond the Moon.”
Rather than formulating new military strategies or policies, the panel will seek to identify “the domains we must seize and the capabilities we must master”, focusing on the effort to “discover, develop, and field” the weapons and systems that next-generation American troops may require.
The group is expected to submit a report containing recommendations to him by the end of January.
In 2024, Musk remarked: “Future wars will be entirely about drones and hypersonic missiles.” This was merely one of several similar statements he has made in recent years.
For Musk, whose oversight role at the Department of Government Efficiency (DOGE) ended in turmoil and escalated into a dispute with President Donald Trump over Trump’s spending bill, this appointment marks his formal return to government in an official capacity.
Musk and Trump ultimately reconciled, and Musk attended a meeting on artificial intelligence safety at the White House this week alongside other technology leaders.
Meridian forms part of a broader push announced by Hegseth to restructure the military around autonomous warfare and rapidly advancing technologies.
Hegseth announced the establishment of the Autonomous Warfare Command (AUTOWARCOM), a new four-star combatant command endowed with what he termed “service-like authorities” to scale autonomous and robotic capabilities across the joint force.
The Department of War will also begin phasing in new occupational frameworks across all military branches to establish specialised career tracks for what Hegseth described as “the next generation of autonomous warfighters.”
“We should have conceived an Autonomous Warfare Command a decade ago,” Hegseth said, explaining that Meridian aims to gaze far enough ahead to enable the military to anticipate the next technological shift rather than lag behind.
America
Pentagon breach exposes personal records of three million people
A cyberattack targeting the US Department of War’s personnel database has resulted in the leak of personal information belonging to approximately 3 million people.
Speaking to ABC News, a Pentagon official stated that the system accessed by unauthorised individuals contained the records of 2,760,000 living persons and 294,000 deceased individuals.
The Military Times portal, which first broke the news, had reported the number of affected individuals as approximately 4 million based on two sources. The Pentagon official subsequently conveyed different figures to ABC News.
The leak encompasses Social Security numbers and duty information belonging to military personnel and civilian employees. According to an official notification examined by Military Times, the compromised records may also include names, dates of birth, contact information, sex, race, and military occupational specialties.
The unauthorised access to the information system of the Defense Manpower Data Center (DMDC) lasted for approximately nine months, between October 2025 and 16 July 2026.
ABC News reported that the access in question was obtained by a small number of third-party users. The vulnerability was closed after it was identified.
The DMDC is considered one of the Pentagon’s primary personnel records centres. More than 60 million records belonging to active-duty personnel, reservists, civilian staff, contractors, retirees, veterans, and military family members are stored at the centre.
The Pentagon has not detected any evidence that the leaked data has been misused. Military Times reported that affected individuals were offered identity restoration and credit history monitoring services.
A similar data breach previously occurred on the Federal Bureau of Investigation’s (FBI) recruitment website, FBIJobs.gov. According to information obtained by ABC News from internal communications and sources, the FBI is considering the possibility that data belonging to its entire staff may have been stolen.
The New York Times (NYT) examined a portion of the stolen FBI records. Home addresses, telephone numbers, official email addresses, Social Security numbers, dates of birth, hiring dates, and emergency contact details for relatives were identified within these documents.
The database also contained unit designations, duty roles, and information regarding the supervisors of personnel. Some records revealed assignments within counterintelligence and counternarcotics units, as well as departments examining threats originating from Russia, China, and Iran.
Ciaran Martin, the former head of the UK National Cyber Security Centre, noted that this type of breach could directly affect the FBI’s operational capabilities.
The hacker group known as ShinyHunters had announced that it had seized medical data and security clearance records alongside files belonging to tens of thousands of active and former FBI employees.
Experts evaluating the matter for the NYT warned that this information could be used to track agents, threaten their families, or compile dossiers by foreign intelligence services.
The ShinyHunters group initially threatened to release the data unless the bureau withdrew an advisory it had published concerning the group’s attack methods.
The group later asserted that it had never intended to leak the information and characterised its action as an advertising campaign.
In a report published in May, Reuters noted that the personal data of US military personnel had been used in surveillance and attack preparations.
According to the agency, Washington’s adversaries gained the ability to pinpoint areas where troops were concentrated by exploiting commercially available location data. US lawmakers at the time criticised the Pentagon for failing to adequately protect the personal data of military personnel.
America
Canada diversifies oil and gas exports away from US
US President Donald Trump’s trade policy and the Washington administration’s push to increase Venezuelan oil imports are prompting Canada to diversify its energy exports.
According to a report by The Wall Street Journal, recent developments are accelerating Canada’s development of new oil and natural gas projects.
Steps taken by the Ottawa administration, which aspires to become an energy superpower, are seen as potentially strengthening the country’s position in global markets.
In Canada, the world’s fourth-largest oil producer and fifth-largest natural gas producer, the energy sector accounts for approximately one-fifth of total exports.
Almost all of the country’s natural gas exports and approximately 90% of its oil exports go to the US.
The newspaper writes that the trade war with Washington and the atmosphere of confrontation entered into with Iran have heightened Canada’s desire to turn to alternative markets outside the US.
Officials plan to increase shipments of oil and liquefied natural gas (LNG) to European and Asian markets.
Accelerating infrastructure investments in line with this target, Canada is also shortening approval processes. The government is prioritising the construction of an oil pipeline extending specifically to the west coast.
According to the newspaper’s estimate, if major pipeline projects are implemented, Canada’s daily oil transport capacity could rise to 6.8 million barrels by 2034.
Routes heading to the west coast will make up approximately 30% of this capacity.
The Canadian administration is simultaneously advancing LNG export projects. According to the report, these investments could allow approximately 55% of Canadian natural gas exports to be directed to markets outside the US by the early or mid-2030s.
While the government expands tax incentives for the oil and natural gas sector, the province of Alberta also plans to overhaul its royalty system.
However, the newspaper notes that implementing the new projects requires heavy investment, and the process depends on the final decisions taken by producers as well as the completion of regulatory approval processes.
The expansion of pipeline and LNG infrastructure could gradually reduce Canada’s dependence on the US market while raising its share in the global energy market.
The Canadian Prime Minister’s demand to reduce reliance on the US market had also come to the fore in July.
According to Carney’s statement, the province of Alberta submitted a plan for a pipeline spanning more than 1,000 kilometres to the west coast of British Columbia.
Targeted for completion by September 2027, the line will reach the Pacific coast by following an existing corridor through the mountainous terrain.
This shift in energy comes at a time of strained relations with the US. Donald Trump said that if Canada obtains associate member status in the European Union, he could halt trade with Europe in certain sectors and impose high tariffs.
As reported by the Associated Press, Trump characterised such a rapprochement as a “potentially hostile act”.
European Commission President Ursula von der Leyen had proposed opening the path for Canada to become the EU’s first associate member. The terms of this associate membership status, which is not defined in EU treaties, are not yet clear and require the approval of member states to enter into force.
Canada, which does not seek full membership, aims for maximum rapprochement with the EU.
Following Trump’s return to the White House, relations between Washington and Ottawa deteriorated. The Trump administration, which repeatedly called on Canada to become the “51st state” of the US, introduced additional tariffs.
In July, the US began imposing 50% tariffs on certain Canadian-origin goods.
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