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Morning Wide: Today's Major News (November 2, 2026)

1. President Lee Jae-myung Delivers Budget Speech... Record-High KRW 821 Trillion

President Lee Jae-myung will deliver a policy speech on the government's budget bill for next year today (Nov. 2). Totaling KRW 821 trillion, it is the largest scale in history, but the People Power Party has announced a sharp confrontation, vowing to cut populist budget items.

2. Two Air Force Training Jets Collide in Mid-Air... Air Force Keeps It Quiet

Two months ago, an accident occurred in which two training jets belonging to the 3rd Air Force Training Wing collided in mid-air. Both training jets were heavily damaged, but the Air Force did not notify the outside world of the accident.

3. US Midterm Elections D-2... Trump Says He Will "Actively Exercise Veto"

In the United States, final campaigning is in full swing as the midterm elections are just two days away. President Trump reiterated that if the Democratic Party takes control of Congress, he will actively exercise his veto power.

4. "Nation's Father" Choi Bul-am's Funeral Procession Today... Rests in Peace Amid Mourning

The funeral procession for the late actor Choi Bul-am, who passed away on October 29 at the age of 87, will be held this morning. The deceased is scheduled to be laid to rest in Paju, Gyeonggi Province, following a funeral mass presided over by Cardinal Andrew Yeom Soo-jung at Yoido Catholic Church in Seoul.
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