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Israel announced Saturday that the latest remains handed over by Hamas via the Red Cross were that of a deceased hostage.

The Israel Defense Forces (IDF) identified the deceased hostage as Eliyahu Margalit, known by many as ‘Churchill,’ who was murdered during the Oct. 7, 2023, attacks. It also underscored that ‘Hamas is required to fulfill its part of the agreement and make the necessary efforts to return all the hostages to their families and to a dignified burial.’

Israel said Margalit was killed at the horse stables in Kibbutz Nir Oz and that his body was then taken into Gaza, where it was held for more than two years. The IDF initially confirmed Margalit’s death in December 2023.

Margalit’s daughter, Nili Margalit, was also taken hostage but was released during the brief November 2023 ceasefire. He leaves behind a wife, three children and grandchildren.

‘The government of Israel shares in the deep sorrow of the Margalit family and all the families of the fallen abductees,’ Israeli Prime Minister Benjamin Netanyahu’s office said in a statement. ‘The government and the entire Israeli Public Security Bureau are determined, committed and working tirelessly to return all of our fallen abductees for a proper burial in their country.’

Margalit’s loved ones said he went to feed his beloved horses early in the morning on Oct. 7 and that the horses were taken along with him, according to The Times of Israel. The outlet added that Margalit was responsible for the kibbutz’s cattle for many years.

‘Our beloved Eli has returned home, 742 days after he was murdered and kidnapped from Kibbutz Nir Oz. We thank the people of Israel and the Hostage Families Forum for their support in the long struggle for his return, and promise that we will not stop or rest until the last of the hostages is returned for burial in Israel,’ the family said in a statement, according to The Times of Israel.

The Hostages and Missing Families Forum, which was established in the wake of the Oct. 7 massacre, expressed condolences to Margalit’s family.

‘The families of the hostages and the released embrace the family of Eliyahu ‘Churchill’ Margalit at this difficult time, following the return of their beloved Eliyahu z’l to Israel last night for a proper burial,’ the forum wrote. ‘Alongside the grief and the understanding that their hearts will never be whole again, Eliyahu’s return brings some measure of solace to a family that has lived in unbearable uncertainty and doubt for over two years. We will not rest until all 18 hostages are brought home.’

The forum noted that Margalit was ‘a cowboy at heart’ and was linked to an organization known as ‘Riders of the South,’ which has been bringing horseback riding enthusiasts together for more than 50 years.

Margalit is the 10th deceased hostage to be returned to Israel, while the remains of 18 others are still in Gaza. Two of the deceased hostages whose bodies have not been returned are Itay Chen, 19, and Omer Neutra, 21, both of whom are U.S. citizens.

This post appeared first on FOX NEWS

MILAN — Giorgio Armani has appointed deputy managing director Giuseppe Marsocci as chief executive with immediate effect, the Italian fashion house said on Thursday, confirming media reports.

Marsocci, who has been with the company for 23 years, serving as global chief commercial officer for the past six years, steps into the role previously held by founder Giorgio Armani, who died in September.

Armani kept a tight grip on the fashion empire he set up 50 years ago, but a new structure is emerging for its next phase.

Marsocci will oversee the planned sale of a 15% stake, with priority to be given to the luxury conglomerate LVMH.PA, beauty heavyweight L’Oreal OREP.PA, eyewear leader EssilorLuxottica ESLX.PA or another group of “equal standing,” as outlined in Armani’s will.

“His international professional experience, deep knowledge of the sector and the company, discretion, loyalty, and team spirit, together with his closeness to Mr. Armani in recent years, make Giuseppe the most natural choice to ensure continuity with the path outlined by the founder,” said Armani‘s partner and head of men’s design, Pantaleo Dell’Orco, who has taken on the role of chairman.

Dell’Orco has also recently been appointed to chair the Giorgio Armani Foundation, which controls 30% of the voting rights of his business empire. Dell’Orco already controls 40% of the luxury group’s voting rights.

The appointment of Marsocci, 61, was unanimously proposed by the Giorgio Armani Foundation, the luxury group said.

Giorgio Armani’s niece Silvana, head of women’s style, will be appointed vice president, according to the statement.

This post appeared first on NBC NEWS

Don Durrett of GoldStockData.com outlines current gold and silver market dynamics, explaining why the metals continue to rise and how high they could go in the future.

He also shares his current gold and silver stock strategy.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

A teenage street musician has been jailed and charged with leading a public gathering in which she led a crowd in singing an anti-Putin rock song in St. Petersburg, a rare act of defiance, according to local reports.

Diana Loginova faces a single administrative charge for organizing an unauthorized public gathering and has been jailed for 13 days, The Moscow Times reported.

After serving her sentence, Loginova will face an additional administrative offense of ‘discrediting’ the Russian military, Reuters reported.

Loginova, who performs under the name Naoko with the band Stoptime, was arrested Tuesday after being filmed earlier leading a crowd in singing the lyrics to exiled rapper Noize MC’s hit song ‘Swan Lake Cooperative.’

Noize MC, the musician who wrote ‘Swan Lake Cooperative,’ is openly critical of the Kremlin and left Russia for Lithuania after the start of the war in Ukraine.

For its part, Moscow has added him to its list of ‘foreign agents,’ which includes hundreds of individuals and entities accused of conducting subversive activities with support from abroad, Reuters reported.

The song doesn’t reference Russian President Vladimir Putin or mention the war in Ukraine. It is a reference to Tchaikovsky’s Swan Lake, which was played on television after the deaths of Soviet leaders and during the 1991 coup attempt against President Mikhail Gorbachev.

In May, a St. Petersburg court banned the song on grounds it ‘may contain signs of justification and excuse for hostile, hateful attitudes towards people, as well as statements promoting violent changes to the foundations of the constitutional order.’

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A video shared on X shows Erika Kirk at the Turning Point USA office surrounded by staff members, proudly showing them the Presidential Medal of Freedom awarded to her late husband, Charlie Kirk.

In the clip posted by Mikey McCoy, Charlie Kirk’s former chief of staff, Erika speaks movingly to the assembled team.

In the clip, she can be heard saying, ‘I wanted you guys all to see the Medal of Freedom and be able to look at it and the back of it.’

‘You guys are all part of the legacy. Thank you,’ she says warmly.

The Presidential Medal of Freedom is the highest civilian award in the U.S. It was awarded posthumously to Charlie Kirk by President Donald Trump on Oct. 14, 2025, a date that would have been Kirk’s 32nd birthday. 

Erika accepted the award on her husband’s behalf at a ceremony in the Rose Garden at the White House. She also delivered remarks highlighting her husband’s beliefs and sacrifice.

Charlie Kirk was assassinated on September 10, 2025, while speaking at a Turning Point USA event at Utah Valley State University in Orem, Utah.

Following her husband’s death, Erika was unanimously appointed CEO and chair of Turning Point USA’s board.

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Senate Majority Leader John Thune, R-S.D., believed that Senate Democrats were ‘in a bad place’ after they tanked Republicans’ push to consider the annual defense spending bill on Friday.

Thune argued during an exclusive interview with Fox News Digital that Democrats’ decision to vote against the procedural exercise seemed like ‘an extreme measure, and I think it’s coming from a very dysfunctional place right now.’

‘I think there’s a ton of dysfunction in the Democrat caucus, and I think this [‘No Kings’] rally this weekend is triggering a lot of this,’ he said.

Thune’s move to put the bill on the floor was a multipronged effort. One of the elements was to apply pressure on Senate Minority Leader Chuck Schumer, D-N.Y., and his caucus to join Republicans to jump start the government funding process as the shutdown continues to drag on.

Another was to test Democrats’ desire to fund the government on a bipartisan basis — a demand they had made in the weeks leading up to the shutdown.

‘I think the leadership is applying pressure,’ Thune said. ‘They were all being called into Schumer’s office this morning to be browbeaten into voting ‘no’ on the defense appropriations bill, something that most of them, you know, like I said, that should be an 80-plus vote in the Senate.’

To his point, the bill easily glided through committee earlier this year on a 26 to 3 vote, and like a trio of spending bills passed in August, typically would have advanced in the upper chamber on a bipartisan basis.

The bill, which Senate Republicans hoped to use as a vehicle to add more spending bills, would have funded the Pentagon and paid military service members.

But Senate Democrats used a similar argument to block the bill that they’ve used over the last 16 days of the government shutdown in their pursuit of an extension to expiring Obamacare subsidies: they wanted a guarantee on which bills would have been added to the minibus package.

‘What are you — are you gonna go around and talk to people about a hypothetical situation,’ Thune countered. ‘I think, you know, once we’re on the bill, then it makes sense to go do that, have those conversations, which is what we did last time.’

The Senate could get another chance to vote on legislation next week that would pay both the troops and certain federal employees that have to work through the shutdown, but it won’t be the defense funding bill. Instead, it’s legislation from Sen. Ron Johnson, R-Wis., and several other Senate Republicans.

As for the torpedoed defense bill, which was the last vote for the week in the Senate, Thune argued that it was emblematic of Senate Democrats being ‘in a place where the far-left is the tail wagging the dog.’

‘And you would think that federal workers, who you know, federal employee unions, public employee unions, who Democrats [count] as generally part of their constituency, right now, they’re way more concerned about what Moveon.org and Indivisible, and some of those groups are saying about them, evidently, than what some of their constituents here are saying,’ he said.

‘Because there’s going to be people who are going to start missing paychecks, and this thing gets real pretty fast,’ he continued. 
 

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It’s been yet another historic week for gold and silver, with both setting new price records.

The yellow metal broke through US$4,200 per ounce and then continued on past US$4,300. It rose as high as US$4,374.43 on Thursday (October 16), putting its year-to-date gain at about 67 percent.

Meanwhile, silver passed US$54 per ounce and is now up around 84 percent since 2025’s start.

Gold’s underlying price drivers are no secret — factors like central bank buying and waning trust in fiat currencies have been major themes in recent years, and they continue to provide support.

But it’s worth looking at a number of other elements currently in play.

Among them are a resurgence in the US-China trade war, which has ramped up geopolitical tensions, and the ongoing American government shutdown. The closure has stalled the release of key economic data ahead of the Federal Reserve’s next meeting later this month.

There have also been troubles at two regional banks in the US — they say they were the victims of fraud on loans to funds that invest in distressed commercial mortgages. Aside from that, Rich Checkan of Asset Strategies International sees western investors entering the market.

‘We don’t have a tidal wave or a tsunami by any stretch of the imagination, but the western investor is getting back into this,’ he said, noting that for the past few years his company has mostly been selling to high-net-worth individuals and people looking for deals. ‘Now we’re having flat-out sales.’

Checkan also weighed in on where gold is at in the current cycle, saying the indicators he tracks — including the gold-silver ratio, interest rates and the US dollar — don’t point to a top.

‘They can take a breather, there’s no question about that — you almost kind of want them to. But the reality is, there’s no top in sight,’ he said. ‘I’ve got about, I don’t know, seven, eight, nine different indicators I look at for the top in a bull market for gold. None of them are firing.’

When it comes to silver, the situation is a little more complicated.

Vince Lanci of Echobay Partners explained that the London silver market is facing a liquidity crisis — while there’s not a shortage of the metal, it isn’t in the right place, and that’s creating a squeeze.

Here’s what he said:

‘London, when it needs metal, is having a hard time getting it from Asia, because China is not cooperating with the west — for good reason in their mind. And for some reason, the US is not making its metal available as robustly as it used to, to help fill refill London’s coffers. And so that creates a short squeeze.

‘There’s enough metal in the world for current needs — let’s say for today’s needs. But it’s not where it should be. So it’s a dislocation.’

Lanci, who is also a professor at the University of Connecticut and publisher of the GoldFix newsletter on Substack, also made the point that although these circumstances are front and center now, they’re just one part of the larger ongoing bull market for silver. In his view, its growing status as a critical mineral will have major implications, and a triple-digit price is realistic.

Arcadia Economics interview

As a final point, I was recently interviewed by Chris Marcus of Arcadia Economics.

It was fun being on the other side of the camera for a change, and I have a new appreciation for everyone who sits down to answer my questions. Check out the interview below.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com