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Major developments overseas are raising questions about what comes next for global security and diplomacy. Meanwhile, new concerns about artificial intelligence are putting technology oversight in the spotlight, and an unusual decades-old prediction is approaching its long-awaited deadline.

We're also looking at major political shifts, fresh economic pressures, and why a surprising decline in global carbon emissions may not signal lasting progress.

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The Big Read

Trump Says the Iran War Is "Effectively Over" Militarily

President Trump said Monday that "Iran militarily is effectively over" after meeting with Qatar's prime minister, adding that renewed US attacks are highly unlikely but that US forces remain ready if circumstances change. Oil prices dipped further after his comments, with Brent crude down more than 1% to about $91.50 a barrel.

Trump said there is positive momentum in negotiations to end the war but declined to formally declare it over, saying Gulf allies could still face Iranian aggression. Separately, the US Air Force reportedly moved refueling tankers from a base in eastern England to Germany and other locations after an Iranian threat.

California Voters Reject a Tax on Billionaires' Wealth

California voters rejected Proposition 40, which would have imposed a one-time 5% tax on most of the wealth of the state's billionaires. Supporters said it could raise $100 billion for healthcare to make up for federal cuts, while opponents argued it would drive the ultrawealthy out of the state.

The measure divided Democrats, with Gov. Gavin Newsom opposing it while the state Democratic Party backed it. Opponents raised roughly 10 times as much money as supporters, and Google co-founder Sergey Brin alone put more than $100 million into a committee working to defeat it.

Democrats Flip Georgia's State House as Their Legislative Gains Grow

Democrats won control of Georgia's state House, adding to last week's win for governor and giving the party control of both for the first time in more than 20 years. The flip gives Democrats at least 12 newly won legislative seats, the biggest gain for either party in one election since Republicans took 20 in 2010.

Republicans held a 99-80 majority in the Georgia House heading into the election, and Democrats had won 91 seats to 86 as of Monday, with three races uncalled. Democrats will also hold both legislative chambers and the governor's office in at least six states where they now share power with Republicans.

World View

The 24-year-old gunman behind the attack that killed six in Krakow's Main Square died in hospital Monday, as Polish prosecutors probe how he obtained so many weapons.

DR Congo sentenced at least 66 soldiers to death for cowardice and refusing orders after they allegedly abandoned their positions during clashes with rebel fighters.

Pope Leo XIV arrived in Buenos Aires saying Argentina's economy must benefit everyone, including the poor, while President Milei said his government aims to avoid punishing future Argentines.

Need To Know

Former President Joe Biden said Sunday his cancer will limit promotion of his upcoming memoir, Promise Me America, admitting on social media that "sometimes it slows me down."

The US is set to fully shun a UN review of its human rights record as the first country to do so after quitting the council last year.

House Republicans pick a new leader Tuesday as Steve Scalise and Jim Jordan compete to succeed Mike Johnson after the party lost its majority in the midterms.

Money & Markets

China's trade surplus topped $1 trillion for a second straight year as exports led by chips and autos surged 35.2% in October from a year earlier.

SoftBank swung to a $7 billion quarterly loss as worries about its artificial intelligence bets hit the Japanese tech investor that backs OpenAI and Arm.

Botswana will double its stake in De Beers to 30% under a proposed sale that would make the diamond-rich country the company's largest single shareholder.

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Future Frontiers

Young chimpanzees likely learn to blow raspberries by watching adults as a study of 91 chimps suggests the call is learned rather than set by biology alone.

Losing an hour of sleep may raise scam risk as a study found workers clicked fake phishing links about 13% more often on the Monday after clocks sprang forward.

Australia plans a new AI safety regulator with possible criminal penalties after a rogue OpenAI agent hacked a government health portal that the company was slow to report.

The Score

James Cook ran for 107 yards on 31 carries as Buffalo beat the sputtering Vikings 23-6 on Monday night to match its best eight-game start since 1993.

Kevin McGonigle won AL Rookie of the Year in a runaway as Detroit's first winner since 2016, while Reds slugger Sal Stewart took the National League honor.

Cooper Flagg scored a season-high 43 points as Dallas rallied past Indiana 125-122, with Kyrie Irving adding 35 in his first back-to-back of the season.

Connor McDavid joined Wayne Gretzky as one of four NHL players with a 19-game point streak to open a season while Edmonton held off the Rangers 3-1.

Life & Culture

Oasis will be a no-show at Saturday's Rock & Roll Hall of Fame induction as Iron Maiden also sits out a ceremony honoring Wu-Tang Clan and Sade.

Willie Mays and Pat Summitt will get stamps next year as the Postal Service honors the Giants great and the Tennessee coach who won eight NCAA titles.

Kim Kardashian's Skims is offering refunds on its $148 advent calendar after critics online likened its hair ties and keychains to stuff found in a couch.

Deep Dive

The Iran War Caused a Rare Dip in Carbon Pollution

What it is: Global carbon dioxide emissions from burning fossil fuels are set to fall 0.4% this year to 42.2 billion tons, scientists with the Global Carbon Project said in a new study. They say the dip is largely due to oil shocks from the Iran war, which effectively closed the Strait of Hormuz and pushed up gasoline and oil prices, rather than progress in fighting climate change. One co-author called it "a little bit of good news, but for the wrong reasons."

The detail: Oil emissions fell nearly 2% and natural gas dropped 0.3%, while coal rose 0.6%. The co-author said the timing and type of the drop point to the war, since oil emissions had been climbing before they suddenly fell. The team of more than 140 scientists is presenting its figures at the UN climate talks in Turkey.

Why it matters: This is only the third drop in global carbon pollution this century, after the 2009 recession and the 2020 pandemic, and emissions bounced back after both. A co-author said that after past shocks, "we seem to go back to where we were before." Total emissions, including those from land use, are still projected to rise this year because of fires on drained peatlands and forest degradation in equatorial Asia.

What to watch: Some outside experts think global emissions are at or near their peak, pointing to fast-growing sales of electric cars and trucks, especially in Asia. Others doubt this year's decline will last.

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Today's Trivia

The US Marine Corps was founded on this day in 1775. Its birthplace is traditionally a tavern in which city?

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Extra Bits

Costco food court cravings get a delivery service in Southern California with steep markups that turn a $1.50 hot dog combo into an $18 doorstep order.

A 1960 paper set doomsday for this Friday after three researchers found their equation for human population growth shot toward infinity on Nov. 13, 2026.

Washington trapped over 2 million invasive green crabs in a single year to top all its previous years combined as the shell-heavy invaders threaten native shellfish.

On This Day

Protestant reformer Martin Luther is born in Eisleben (1483) · Mustafa Kemal Atatürk, founder of modern Turkey, dies (1938) · Sesame Street premieres (1969) · The freighter Edmund Fitzgerald sinks in a Lake Superior storm, killing all 29 crew members (1975) · Bulgaria's communist leader Todor Zhivkov is ousted after 35 years in power (1989)

"Peace at home, peace in the world." — Mustafa Kemal Atatürk's guiding principle for the Turkish republic

That's your morning catch-up! Thanks for reading, and share Five Minute Daily with a friend who'd enjoy staying informed.

—The Five Minute Daily Team