On Saturday, October 31, 2026, London's Metropolitan Police arrested 139 people outside the U.S. Embassy in Nine Elms, south-west London, during a protest in support of Palestine Action. By Sunday, the total had risen to 325 arrests, with the majority detained for expressing support for a proscribed organisation under the Terrorism Act. The protest was organised by Defend Our Juries ahead of a Supreme Court appeal on November 4 against Palestine Action's proscription. Police had warned in advance that anyone attending faced arrest, and a Section 35 dispersal order was in place.
Palestine Action was proscribed in June 2025, making any public expression of support a criminal offence under the Terrorism Act. The protest was intended to show solidarity and oppose what organisers called genocide, while also challenging the group's terrorist designation. Police said attendees were "essentially meeting to purposefully commit a crime" and took proactive enforcement action.
London's Metropolitan Police arrested 139 people on Saturday outside the U.S. Embassy for expressing support for Palestine Action, a group proscribed under the UK Terrorism Act. The total later rose to 325 arrests.
The historical crash percentages are broadly accurate: the Dow fell about 89% in the Great Depression, the Nikkei 225 fell about 82% from its 1989 peak to 2009, the Nasdaq fell about 78% in the dot-com crash, and India's Sensex fell about 64% during the 2008 global financial crisis.
BGood morning, it's Sunday, November 1st. Big story overnight: London police arrested 139 people outside the U.S. Embassy.
AAnd that number has already climbed. By this morning, the Met says 325 arrests.
BThe protest was in support of Palestine Action, a group the UK banned under the Terrorism Act back in June 2025.
AWhich means expressing support for it is itself a crime. Police warned people in advance: show up, get arrested.
BThe organizer, Defend Our Juries, told demonstrators to hold signs saying 'I oppose genocide, I support Palestine Action.'
AAnd the police commander was blunt. He said attendees were 'essentially meeting to purposefully commit a crime.'
BThis is ahead of a Supreme Court appeal on November 4th challenging the group's proscription.
ASo the legal fight is very much live. But the arrests themselves? That's the UK applying its own terrorism law, hard.
BAnd it's a reminder how different the free speech line is there versus here. Supporting a banned group gets you cuffed.
AMeanwhile, markets had a rough end to the week. One account says a trillion eight hundred billion dollars got wiped out on Friday.
BThat number's unverified, but the direction is real. Tech got hit hard on AI spending fears.
AAlphabet reportedly down double digits after earnings. Fortinet, the cybersecurity firm, reportedly down over twenty percent.
BPiper Sandler's chief strategist didn't mince words. He says the tech beta-bubble has burst.
AThat's an opinion, not a fact. But it's a loud one from a big bank.
BAnd Bank of America analysts say they see a bubble-like pattern that also appeared before the dot-com crash.
AThe pattern: defensive sectors rallying hard while tech wobbles. That's what happened in 2000.
BI'll say this: when two major banks start using the B-word in the same week, people listen.
ABut let's keep perspective. The Nasdaq's worst day since June is not a crash. It's a bad day.
BFair. Though the historical list going around is sobering. The Nasdaq fell seventy-eight percent in the dot-com bust.
AAnd the Nikkei lost eighty-two percent from its 1989 peak. Took two decades to play out.
BNobody's predicting that now. But the AI trade is being questioned in a way it wasn't six months ago.
AThe question is whether all that AI spending turns into revenue. Alphabet's earnings didn't answer it well enough.
BAnd one trader on X summed up the mood: liquidated some stocks so I can buy the Halloween candy this year.
AThat's one way to handle a selloff. At least the candy's real.
BThat's the morning brief. Back with more after this.