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Dalton Daily

Sourced widely. Told plainly.
Vol. I · No. 11Morning edition
daltondaily.com
Markets · loading
Saudi, Turkish and Pakistani envoys meet Iran as U.S. talks stall
Gulf News

Saudi, Turkish and Pakistani envoys meet Iran as U.S. talks stall

Tehran lists seven conditions for new negotiations while calling Washington unserious; Hormuz shipping attacks continue

TEHRAN — Senior officials from Saudi Arabia, Turkey and Pakistan met Iranian leaders in Tehran on Monday. The group included Saudi Defense Minister Prince Khalid bin Salman, Pakistani army chief Asim Munir and Turkish intelligence chief Ibrahim Kalin. It was the first such session under the new Mecca defense pact. Iranian state television said the sides would keep talking. No agreement was announced on the war, the Strait of Hormuz or Iran's nuclear program. A senior Iranian security official said Washington must meet seven conditions before Tehran considers negotiating, and he warned against a short truce followed by renewed strikes. The same day, the Foreign Ministry spokesman said the U.S. was not serious about talks. Crisis Group counted more than two dozen vessels struck near Hormuz in the first half of October, while the U.S. keeps its blockade of Iranian ports.

Why it mattersWith the Gulf's main powers now mediating directly, the question of whether the Iran war resumes or ends will shape oil prices and U.S. force posture worldwide.

Fed expected to hold at 3.75%-4%, with December hike priced in
CNBC: Treasury yields ahead of the Fed decision
Finance

Fed expected to hold at 3.75%-4%, with December hike priced in

Markets want Warsh's tone, any dissents and midterm politics read for signals on the next move

Law

Appeals court declines to block California count of ballots flagged as noncitizen

Panel says the Justice Department skipped a fair chance to be heard by the trial judge first

Business

Banks and Blackstone line up $63 billion to fund Anthropic's Broadcom chips

One of the largest AI-linked debt deals relies on a Broadcom guarantee to lenders, a day after Anthropic's IPO filing

Energy & Infrastructure

PJM faces Thursday deadline to rework data-center backstop power plan

Grid operator must refile after FERC found the cost-split may fall on existing customers; its market monitor says part of the forecast load has been canceled or delayed

In Pictures
Daily Scripture

Fresh mercies daily

Lamentations 3:22-33

22It is because of Yahweh’s loving kindnesses that we are not consumed, because his compassion doesn’t fail. 23They are new every morning. Great is your faithfulness. 24“Yahweh is my portion,” says my soul. “Therefore I will hope in him.” …

Daily Stoic

Aulus Persius Flaccus (Persius)

Satires, Satire 5, lines 125–131

If somebody sharply bids you take Crispinus' scrapers to the bath, and then abuses you as a lazy scoundrel, no strict bond of slavery, certainly, bids you stir, no force from without comes in to move your muscles; but if masters grow up within, in that sickly bosom of yours, how do you get oft scot-free any more than the man who was sent off to fetch the scrapers by the terror of his master's whip?

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The Commonplace Book · Entrepreneurship

Seven Years and £7 Million to Make Window Glass Flat

A family glassmaker risked a fortune on a process nobody could prove would work. Then it licensed the result to its competitors.

Until the 1950s, good flat glass was expensive. Molten glass was rolled into sheets, and the sheets were then ground and polished on both sides until they were clear and undistorted. That took huge machines, a lot of energy and a lot of waste. Cheaper sheet glass existed, but it was wavy, and you could see it in shop windows and car windscreens.

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Inside Today's Paper

Ideas

Jordan bombs southern Syria after church massacre; Damascus says civilians died
Al Jazeera
Religion & Philosophy

Jordan bombs southern Syria after church massacre; Damascus says civilians died

Amman says its strikes killed about 20 Islamic State fighters, while Syria reports at least seven civilian deaths and closes the main border crossing

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The Funnies

xkcd “Siege Engine” · Poorly Drawn Lines “Fake Email” · Saturday Morning Breakfast Cereal “Clankor” · Existential Comics “Socratic Religion” →