ReportWire

Tag: Developing Economies

  • Trump Authorizes CIA Covert Operations in Venezuela

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    President Trump has authorized the Central Intelligence Agency to conduct covert action in Venezuela, while also floating the idea of land strikes, in a broadening campaign against alleged drug trafficking.

    “I authorized for two reasons,” Trump said Wednesday at the White House, alleging Venezuelan leaders have “emptied their prisons into the United States of America” and “we have a lot of drugs coming in from Venezuela.”

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    [ad_2] Vera Bergengruen
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  • American Bankers Are Making a Mint Helping China Inc. Go Global

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    HONG KONG—Chinese companies are pushing across the globe to conquer new markets, and American financiers are making a mint by helping them. 

    The unlikely U.S.-China collaboration during heightened trade and military tensions between the two superpowers is raising concerns on Capitol Hill about national-security risks. But it is producing frothy markets in Hong Kong, the place where Wall Street and China Inc. meet for mutual profit.

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    Rory Jones

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  • Opinion | Gaza Deal Is a Big Win for Trump—but Voters Are Fickle

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    He has secured a place in history, but the midterm elections are another matter.

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    Karl Rove

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  • Opinion | Trump’s Message to Maduro

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    Mary Anastasia O’Grady wonders about President Trump’s motivations for sending military assets to the Caribbean (“Trump’s War Drums in Venezuela,” Americas, Oct. 13). Interception of drug smugglers? Unseating Nicolás Maduro from power? Perhaps another, simpler answer: The ships are there to dissuade the Venezuelan regime from invading oil-rich Guyana next door.

    Em. Prof. Bill Casey

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  • ‘I’ll Have Eric Call’: Trump Sets Up Son’s Meeting With Indonesian President

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    By

    Rory Jones

    in Singapore and Ramadani Saputra in Jakarta, Indonesia

    President Trump’s company has said he won’t be involved in day-to-day management. But the president’s personal business and his government role intersected this week when he was heard on a hot mic arranging a meeting between his son Eric, who runs the family company, and Indonesia’s leader.

    In the exchange, captured on audio at a Middle East summit, Indonesian President Prabowo Subianto referred to an issue about a region that was “not safe, securitywise” before asking Trump: “Can I meet Eric?”

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    Rory Jones

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  • Israel and Hamas Start Next Phase of Talks on Trump Plan

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    Israel and Hamas began negotiating the second phase of a plan outlined by President Trump to end the war in Gaza, as debates continued about the militant group’s failure to return all the bodies of dead hostages as required in the first phase.

    On Wednesday morning, Israel said three bodies turned over by Hamas a day earlier were Israeli hostages, but that a fourth body wasn’t a match. 

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    [ad_2] Summer Said
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  • China’s Deflationary Pressures Ease Slightly

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    China’s downward price pressures eased slightly in September, but not quite as much as expected, as Beijing ramps up efforts to curb excess capacity and bolster domestic demand.

    Data showing continued deflationary pressure in China comes as Premier Li Qiang renewed calls to double down on efforts to boost consumption, and crack down on pricing competition among businesses.

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  • After Israeli Withdrawal, Hamas Launches Violent Crackdown on Rivals in Gaza

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    A U.S.-brokered cease-fire has hit pause on the war between Hamas and Israel. In its place, a fight between Hamas and other armed Palestinian groups in the Gaza Strip is now under way.

    As Israeli troops pulled back last week to facilitate a deal that freed the living hostages still held in Gaza, Hamas surged security forces in behind them—a public assertion of authority intended to make clear the group remains the enclave’s governing power.

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    Benoit Faucon

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  • China, Betting It Can Win a Trade War, Is Playing Hardball With Trump

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    In its trade standoff with Washington, Beijing thinks it has found America’s Achilles’ heel: President Trump’s fixation on the stock market.

    China’s leader, Xi Jinping, is betting that the U.S. economy can’t absorb a prolonged trade conflict with the world’s second-largest economy, according to people close to Beijing’s decision-making. China is holding a firm line because of its conviction, the people said, that an escalating trade war will tank markets, as it did in April after Trump announced his so-called Liberation Day tariffs, prompting Beijing to hit back.

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    Lingling Wei

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  • Trump Says Argentina Bailout Depends on Milei’s Party Winning Upcoming Elections

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    President Trump directly tied the $20 billion lifeline the U.S. is extending to Argentina to President Javier Milei’s success in the upcoming midterm elections.

    “If he loses, we are not going to be generous with Argentina,” Trump said, sitting across a table at the White House from the visiting South American leader, who he also endorsed for re-election in 2027. “If he doesn’t win, we’re gone.”

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    Vera Bergengruen

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  • Israel, Hamas Trade Accusations of Cease-Fire Violations

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    TEL AVIV—Israel and Hamas on Tuesday accused each other of violating the cease-fire that was part of the deal that released all 20 living hostages from Gaza, with Israel reducing the humanitarian aid promised under the agreement to increase pressure on Hamas to return more bodies of deceased hostages.

    Israelis celebrated the return of the living hostages on Monday, in what for many marked an end to the two-year Gaza war. But the families of the deceased hostages who are supposed to be returned to Israel as part of President Trump’s 20-point plan for peace said they were angered that only four of 28 bodies had been returned.

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    [ad_2] Anat Peled
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  • Madagascar Becomes the Latest Country to See a Gen Z Revolt

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    Its president is in hiding, an army unit has taken control and crowds of protesters are demanding sweeping social change.

    The wave of protests mushrooming around the world has now forced a change of leadership in Madagascar. After weeks of demonstrations over corruption and worsening living standards, the armed forces say they have taken control while President Andry Rajoelina has taken refuge in what he described as a secure, undisclosed location as he tries to shore up enough political support to regain power.

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    James Hookway

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  • China Adds Hanwha Ocean’s Units to Sanctions List

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    Hanwha Ocean’s 042660 -5.76%decrease; red down pointing triangle shares slid Tuesday after Beijing added five of the South Korean shipbuilder’s subsidiaries to a sanctions list over their alleged role in a U.S. probe into the Chinese shipping industry.

    The stock plunged as much as 9% before paring losses. It closed 5.8% lower at 103,100 won, equivalent to $72.28, compared with the benchmark Kospi’s 0.6% fall.

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    Kwanwoo Jun

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  • How China and the U.S. Are Racing to De-Escalate the Trade War

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    President Trump is trying to publicly de-escalate tensions with China to soothe markets while privately keeping up pressure on Beijing—a difficult balancing act that is being closely watched by Wall Street.

    After threatening additional 100% tariffs on Chinese imports starting Nov. 1, Trump in recent days spoke with senior officials, including Treasury Secretary Scott Bessent, about sending a message to the world that the U.S. wants to de-escalate trade tensions with China, according to people familiar with the matter.

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    Brian Schwartz

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  • Trump Declares Gaza War Over During Middle East Victory Lap

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    President Trump declared an end to the Gaza war Monday after more than two years and vowed to extend his peacemaking to the wider Middle East, taking a victory lap in a region still facing deep divisions and numerous unresolved conflicts. 

    “This isn’t only the end of a war, this is the end of an age of terror and death,” Trump said in an address to the Israeli parliament, the Knesset. “This is the historic dawn of a new Middle East.”

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    Robbie Gramer

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  • Opinion | What I Saw in Gaza in the Final Days of War

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    Your editorial gathers the right “ Lessons of Trump’s Gaza Peace Deal” (Oct. 10). President Trump did what not only President Biden couldn’t but what all the European leaders recently calling for “cease-fire” never tried. The 20-point plan achieves Israel’s goals of the war, protects Palestinian interests, offers hope for a future without Hamas and sets the conditions for lasting peace.

    As I boarded my plane out of Tel Aviv on Oct. 10, pure joy was in the air. It permeated every space, billboard sign and hotel. Israelis weren’t celebrating vengeance. They were relishing the prospect of peace, security and the end of a nightmare.

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  • Dutch Government Takes Control of Chip Maker From Chinese Parent

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    The Dutch government wrested control of a Netherlands-based semiconductor company from its Chinese owner, a new flare-up in tensions between China and the West over key technologies and materials.

    Officials at the Dutch Economic Affairs Ministry said Sunday that they had assumed the power to block or reverse decisions at Nexperia 600745 -10.00%decrease; red down pointing triangle, which is owned by China’s Wingtech Technology, to keep Europe from losing “technological knowledge and capabilities” necessary for its economic security.

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    Sam Schechner

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  • Frozen in Time Since Hamas Attacked, a Kibbutz Awaits Hostages Living and Dead

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    NIR OZ, Israel—Inside the bomb shelter of a small house in this kibbutz near the Gaza border, a heart is scrawled on the wall around the letters “AA,” short for Ariel and Arbel.

    Above it is a note written by one of them, a former hostage, to the other, her fiancé still in captivity: “I will wait for you, I love you more.”

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    Feliz Solomon

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  • China’s Exports Rise at Fastest Pace in Six Months Despite U.S. Tariffs

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    China’s exports rose at the fastest pace in six months in September, beating market expectations and underscoring the sector’s continued role as a key growth driver for the world’s second-largest economy.

    Outbound shipments rose 8.3% from a year earlier, accelerating from August’s 4.4% increase and exceeding the 6.0% growth forecast by economists in a Wall Street Journal poll, according to data released Monday by the General Administration of Customs.

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  • As Russian Aggression Turns West, Poland Says It’s Ready

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    By

    Thomas Grove

    and

    Karolina Jeznach

    | Photography by Maciek Nabrdalik for WSJ

    WARSAW—For more than a decade, Poland has prepared for the worst-case scenario: becoming the front line in a war between Russia and the West.

    With an eye on growing Russian aggression in Europe, Warsaw’s military planners built out the country’s armed forces, turning it last year into the largest European military in the North Atlantic Treaty Organization. It ramped up military spending to 4.7% of gross domestic product this year—the highest in the alliance. A multibillion-dollar spending spree has put Poland among the biggest buyers of U.S. weapons.

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    Thomas Grove

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