News Wrap: Air defense system to help shoot down Russian missiles now in place in Ukraine

In our news wrap Monday, a Russian businessman with ties to Putin confirmed his organization has interfered in past U.S. elections and will again, a new U.S. air defense system is now in place in Ukraine to help shoot down Russian missiles and drones and China reports its exports dropped in October as falling demand and COVID controls took a toll.

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  • Judy Woodruff:

    In the day's other news: A Russian businessman with ties to President Putin confirmed that his organization has interfered in past U.S. elections and will again.

    Until now, Yevgeny Prigozhin has denied election meddling. Four years ago, he was charged in the U.S. with running a social media campaign to divide Americans before the 2016 election.

    The White House and the Kremlin would not confirm or deny today that they have talked about dialing back escalation in the war in Ukraine. The Wall Street Journal reported National Security Adviser Jake Sullivan has spoken with top Russian officials. Meanwhile, Ukraine announced that a new U.S. air defense system is now in place to help shoot down Russian missiles and drones.

    North Korea's military has punctuated its recent missile testing with a new warning. The North declared today that the tests were practice attacks on South Korea and the U.S. U.S. and South Korean officials said that they are undeterred.

    In Egypt, world leaders heard stark warnings as they kicked off an annual U.N. climate summit. They will spend weeks discussing carbon emissions and demand that wealthy polluting nations compensate and developing countries hit by weather disasters.

    U.N. Secretary-General Antonio Guterres warned the leaders to act quickly.

  • Antonio Guterres, United Nations Secretary-General:

    We are on the highway to climate hell with our foot still on the accelerator.

    Excellencies, this U.N. climate conference is a reminder that the answer is in our hands, and the clock is ticking. We are in the fight of our lives, and we are losing.

  • Judy Woodruff:

    Former Vice President Al Gore also spoke and told the leaders that — quote — "It is not time for moral cowardice."

    Hurricane watches have gone up for the Bahamas and parts of Florida's Atlantic Coast. That is after the storm named Nicole formed early today. It's expected to make landfall on Florida's East Coast on Thursday, just weeks after Hurricane Ian blasted the southwestern part of the state.

    A federal judge in Washington, D.C., formally stayed Steve Bannon's contempt of Congress sentencing today. That puts his four-month prison sentence on hold for now as he appeals his recent conviction. The former Trump adviser was charged after he failed to turn over documents and testify before the House panel investigating the Capitol siege.

    In economic news, China reports that its exports dropped in October from a year earlier, as falling demand and COVID controls took a toll. Imports also contracted, with COVID restrictions putting a damper on consumer spending inside China.

    And, on Wall Street, stocks rose as investors bet that Republicans will block new tax and spending plans if they make election gains in Congress. Major indexes were up nearly 1 percent or more. The Dow Jones industrial average gained 423 points to close it 32827. The Nasdaq rose 89 points. The S&P 500 added 36.

    Still to come on the "NewsHour": Republican groups file legal challenges to the voting process before Election Day; Tamara Keith and Amy Walter examine expectations for the midterms; a high-profile political prisoner in Egypt goes on a strict hunger strike; why casting a ballot remains a challenge for many indigenous people; plus much more.

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