ReportWire

Tag: WSJ-PRO-WSJ.com

  • Trump Organization Expands in India, Where Many of Its Partners Face Accusations

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    GURUGRAM, India—When the Trump Organization in April announced another luxury real-estate project in India, Eric Trump gave a shout out to his local partners for helping accelerate the brand’s expansion.

    “We’re incredibly excited to launch our second project in Gurgaon,” Eric Trump, who runs day-to-day operations, using the former name for the city near New Delhi. “And even prouder to be doing it once again with our amazing partners.”

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    Rory Jones

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  • Interactive Brokers Logs Higher Profit, Revenue as Trading Volume Climbs

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    Interactive Brokers Group IBKR -1.79%decrease; red down pointing triangle posted higher profit in the third quarter as traders continued to pour into stocks and options.

    The online brokerage platform said Thursday that client trading volumes in stocks and options climbed 67% and 27%, respectively, in the quarter. Futures volume, meanwhile, decreased 7%. Customer accounts increased by 32% to 4.1 million, with customer equity up 40% to $757.5 billion.

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  • Opinion | Allies United Against China on Rare Earths

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    Treasury Secretary Scott Bessent said Wednesday he plans to coordinate with allies to counter China’s weaponization of rare-earth minerals. It’s the right move, though he might find it easier to rally the world if President Trump weren’t also hitting our allies with unprovoked unilateral tariffs.

    Mr. Bessent earlier in the week accused Beijing of pointing “a bazooka at the supply chains and the industrial base of the entire free world,” by threatening global export controls on products that contain even minuscule amounts of Chinese rare earths. He’s right. China has a stranglehold on these minerals, and it’s a serious problem.

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    The Editorial Board

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  • Opinion | The Hamas Rule of Terror in Gaza

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    Hamas has returned only nine of the 28 dead Israeli hostages it promised President Trump. Perhaps the terrorists are busy dealing with the corpses of the Palestinians they have been executing since the cease-fire. Where are the protests now from those in the West who claimed to speak for Gazans?

    “Death to Zionism. Death to all collaborators,” the National Students for Justice in Palestine (SJP) wrote in an online post Sunday, echoing Hamas’s usual excuse for killing its rivals and dissenters. SJP led the 2024 campus protests in the U.S. and received fawning press coverage for its humanitarian concern.

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    The Editorial Board

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  • Opinion | The Crisis in Paris Is That No One Recognizes the Real Crisis

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    France’s welfare state is in desperate need of reform, but Macron is obsessing over Marine Le Pen.

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    Joseph C. Sternberg

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  • Trump Says He Will Meet With Putin in Budapest to Discuss End to Ukraine War

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    WASHINGTON—President Trump said Thursday he plans to meet with Russian President Vladimir Putin in Budapest for talks on ending the war in Ukraine, reviving a diplomatic effort after threatening to send new weapons to Kyiv.

    The agreement to hold the meeting in Budapest, at a date yet to be announced, came during a phone call between the two leaders a day before Trump is set to meet at the White House with Ukrainian President Volodymyr Zelensky.

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    Lara Seligman

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  • Opinion | Russia’s Weakness Is Trump’s Opportunity

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    Having just commemorated two years since Oct. 7, 2023, we’re now approaching another grim anniversary—Feb. 24, four years since Russia invaded Ukraine. For all of President Trump’s shortcomings, he deserves credit for recognizing that Prime Minister Benjamin Netanyahu was vulnerable after having overreached by bombing Qatar. The president leveraged Bibi’s weakness to force a cease-fire. Russia is in a similarly vulnerable position after the failure of its third offensive against Ukraine, yet Mr. Trump has failed to exploit this weakness. This raises the question: Why is Mr. Trump reluctant to take advantage of Vladimir Putin’s helplessness?

    In February, Mr. Trump berated Ukrainian President Volodymyr Zelensky: “You don’t have the cards.” Yet from nearly every angle and measure, it’s Russia whose hand is weak. Mr. Putin is more vulnerable today than at any point in his three decades on the global stage. Either Mr. Trump’s sixth sense for using leverage is failing him, or some strange fondness for the Russian president’s strongman persona is preventing him from appreciating the strategic opportunity that lies before him.

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    [ad_2] Rahm Emanuel
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  • EU Proposes Arms-Procurement Overhaul to Become Combat-Ready By 2030

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    The European Commission proposed a reform of the EU’s military planning and procurement as part of a five-year strategy to rearm and deter Russia.

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    Cristina Gallardo

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  • Ukraine Wants Tomahawks. Trump Has to Decide if They Would Help End the War.

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    WASHINGTON—The Tomahawk cruise missile that President Trump is considering for Ukraine has been the weapon of choice for decades for U.S. presidents seeking decisive military solutions.

    A highly accurate missile with a powerful warhead that can fly more than 1,000 miles, the Tomahawk can reach targets inside Russia far beyond any of the weapons the U.S. has provided to Kyiv until now. 

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    Michael R. Gordon

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  • Milei’s Radical Overhaul of Argentina Meets Its Match in the Humble Peso

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    BUENOS AIRES—When he ran for president of Argentina, Javier Milei compared the country’s currency to excrement, telling Argentines to forget the peso and vowing to scrap it altogether.

    Now Milei’s government is using its precious few reserves of American dollars to buy pesos and prop up their value, a stark departure from his free-market overhaul of the country’s economy. And he is asking for billions of dollars from the Trump administration to keep the peso from sliding.

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    [ad_2] Ryan Dubé
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  • 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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