[Tether, the world’s largest stablecoin issuer, appoints a new CEO] Tether, the world’s largest stablecoin issuer, announced through its official website that Paolo Ardoino has been appointed as its new CEO. He will succeed Jean-Louis van der Velde in December 2023, who will transition to a company advisory role while retaining his position as Bitfinex CEO. Adorno will continue to serve as chief technology officer of Bitfinex and chief strategy officer of Holepunch.

Gazprom: It will continue to deliver natural gas to Europe through Ukraine, with a delivery volume of 42.1 million cubic meters on Saturday.

Israeli military: Drones killed some militants trying to infiltrate from Lebanon.

Israel Defense Forces: Gazans will be allowed to move safely on two main roads in the south between 10:00 and 16:00 local time.

Israel Defense Forces: Observed large movement of civilians towards southern Gaza.

Israel Defense Forces: Activity on the northern border remains "very tense."

Indian Prime Minister Narendra Modi: India and Sri Lanka are working to connect UPI (India’s national payment system) with Lanka Pay (Sri Lanka’s national payment system).

According to the Associated Press: California Governor Newsom signed a law raising the minimum wage for medical workers.

According to news released by the office of U.S. Treasury Secretary Yellen, Yellen met with French Finance Minister Bruno Le Maire during the International Monetary Fund World Bank meeting in Morocco. The two sides discussed the progress that needs to be made in the clean energy transition and supply chain resilience. and the economic prospects of the United States and Europe.

U.S. Treasury Secretary Yellen discussed the situation in Ukraine and sanctions with her French counterpart.

United Nations: More than 400,000 Palestinians were displaced in the Gaza Strip before the evacuation order was issued.

United Nations: Tens of thousands of people are estimated to have fled the Gaza Strip after Israel issued a warning to evacuate.

After further layoffs, the total number of Ford Motor Co. (FN) employees will be approximately 2,480.

Ford Motor Co (FN) announced an additional 550 layoffs related to the strike.

Israeli Military: Attacked Hezbollah targets in southern Lebanon in response to operations in Lebanon.

Arm (ARM.O) closed at a loss for the first time since its U.S. IPO.

US President Biden: Resolving the humanitarian crisis in Gaza is a top priority for me.

US President Biden: The team is working hard to increase humanitarian support for Gaza and is cooperating with Israel, Egypt, Jordan and other countries to provide assistance.

U.S. Commodity Futures Trading Commission (CFTC): As of the week of October 10, the speculative net short position in COMEX copper futures decreased by 7,859 lots to 5,116 lots.