Europe Today: EU energy prices soar as Spain's housing decrees face Congress vote

• The European Commission is preparing proposals to change the rules for future European Union enlargement. • The Board of the European Commission is scheduled to discuss this initiative on October 6.

• U.S. Secretary of State Marco Rubio demanded that the Iranian delegation to the U.N. General Assembly leave the United States on Monday. • The order followed a breakdown in negotiations between the two nations, according to sources cited by Axios.

• President Trump sat down for an interview with TIME to discuss artificial intelligence, press freedom, and the war in Iran. • The conversation took place as the U.S. President prepares for the upcoming midterm elections.

• President Donald Trump moved 9,000 troops to the Middle East following a bomb threat during an ongoing conflict with Iran. • The president stated that the seven-month-old war will end "one way or another."

• Gautam Adani reclaimed the top position on the Forbes India Rich List 2026. • Adani holds a total wealth of $112.7 billion, moving Mukesh Ambani into second place.

• Megawide Construction Corp. completed the structural framework for two towers at the Jab Residences project in Dasmariñas, Cavite. • The development is part of the government’s Expanded Pambansang Pabahay Para sa Pilipino program, which focuses on socialized housing.

• Sumitomo Mitsui Financial Group shares fell 3.16% to $25.09 today following a dividend announcement. • Technical indicators now show bearish momentum, meaning the stock price is likely to continue falling.

• ContourGlobal announced the completion of the second phase of the Black Hollow Sun solar project near Severance, Colorado. • The finished installation has a total capacity of 324 megawatts, which is the amount of power the facility can produce.

• The US dollar traded at ₩1,350 against the South Korean won today, marking a 0.52% decrease. • The 10-year U.S. Treasury yield surged past 5.3 percent, reaching its highest level in nearly 24 years according to Koreatimes Co.

• Four individuals and organizations challenging authoritarian rule, patriarchal violence, and unchecked AI development received an "alternative Nobel prize" this week. • The awards recognize those working against systemic issues like unchecked artificial intelligence and patriarchal violence.

• The International Monetary Fund approved a new disbursement under the Extended Fund Facility for El Salvador following the country's progress on economic reforms. • The decision follows a period of strong economic performance and fiscal consolidation, which refers to reducing government deficits and debt.