The main events by the morning: October 21

• Economists doubt the effectiveness of China's incentives. According to world experts, the measures announced by China to stimulate the economy are not enough to overcome deflation and achieve growth targets. As Bloomberg notes, growing credit risks and borrowing by companies to maintain stability also remain a serious problem.

• Israel attacked a suburb of Beirut, hitting a financial structure linked to Hezbollah. According to Al Jazeera, at least 12 missiles were fired. The organization said its financial assets were not affected and threatened further escalation, saying, «An eye for an eye and a tooth for a tooth.»

• ExxonMobil continues to sue Russia despite leaving the country. Since the beginning of the summer, the company has filed about 20 lawsuits in Russian courts for the illegal use of its brands such as Mobil 1 and Delvac. Exxon is trying to protect its rights and prevent the reissue of patents for Russian companies.

• Trump said he threatened Putin to strike Moscow. The US presidential candidate from the Republican Party, Donald Trump, said that he threatened Vladimir Putin to hit Moscow if Russia «pursues Ukraine». It is not known when this conversation took place, and he did not provide other details.

• WHO has recognized Egypt as a malaria-free country. The organization said in a statement that the certificate received was a significant achievement for the state after almost 100 years of efforts in the field of healthcare.