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Tag: WSJ-PRO-WSJ.com

  • Trump Says He Wants Ukraine’s Answer on Peace Plan by Thursday

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    President Trump said he wants Ukraine to accept a sweeping U.S. deal to end its nearly four-year-old war with Russia by Thanksgiving, giving Kyiv less than a week to decide whether to agree to a draft plan that would make major concessions to Russia.

    “Thursday is, we think, an appropriate time,” Trump told Fox News Radio’s Brian Kilmeade in response to a question about whether he has given Ukraine a Thanksgiving deadline to agree to the plan. “We’re in it for one thing. We want the killing to stop.”

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    [ad_2] Ian Lovett
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  • Zelensky Says Peace Plan Poses Historic Choice: Lose Dignity or U.S. Support

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    Ukraine’s president gave his first response to the Trump administration’s proposal, which would hand concessions to Russia.

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    Ian Lovett

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  • Europe Must Look Inward to Drive Growth, ECB’s Lagarde Says

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    Europe must break down its internal barriers to move away from a growth model that is driven by exports, European Central Bank President Christine Lagarde said.

    In a speech to bankers Friday, Lagarde also highlighted Europe’s vulnerability to the “weaponization” of key raw materials and technologies.

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    Paul Hannon

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  • U.K. Government Borrowing Runs Ahead of Plan as Budget Looms

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    The U.K. government’s borrowing continued to run ahead of projections in October, a deterioration in its finances that it will aim to correct with tax rises and some spending cuts in its annual budget statement next week.

    The Office for National Statistics on Friday said the government borrowed 17.4 billion pounds ($22.75 billion) in October, bringing the total for the first seven months of the fiscal year to 116.8 billion pounds, 9.9 billion pounds above the amount projected by the Office for Budget Responsibility in its March forecasts.

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    Paul Hannon

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  • Japan Approves $135 Billion Stimulus Shot to Help Households, Economy

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    TOKYO—Japan’s cabinet has approved $135 billion of stimulus to help households cope with rising living costs and boost economic growth, launching the first fiscal salvo under new Prime Minister Sanae Takaichi.

    The Takaichi administration on Friday signed off on the package totalling 21.3 trillion yen, equivalent to $135.27 billion.

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    Megumi Fujikawa

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  • The Web of Venezuelan Generals Accused of Fueling the Cocaine Trade

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    For more than two decades, a loose-knit group of Venezuelan generals and senior officials has enabled the shipment of thousands of tons of cocaine to the U.S. and Europe, American and Colombian officials say.

    While nearly all cocaine is produced in neighboring Colombia, Venezuela plays an important role in allowing the drug to move through its territory and then onto ships and planes that traffic it to Europe, the Caribbean and the U.S., the officials have said. 

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    [ad_2] José de Córdoba
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  • Opinion | Trump Says Arms Are Going to Taiwan

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    One of the biggest questions in global affairs is whether President Trump is chasing a grand bargain with Beijing’s Xi Jinping—and at what cost to the United States. So it’s good news that the Administration is showing that America won’t be bullied from defending its Pacific interests, with an arms sale to our friends in Taiwan.

    The Defense Security Cooperation Agency has notified Congress of a $330 million potential arms sale for the island democracy. Items include spare parts for fighter jets and transport aircraft, as well as U.S. technical and logistics support. But more important than the details is that this marks the Administration’s first sale to Taiwan in Mr. Trump’s second term. Rumors had spread this year that Mr. Trump was withholding arms for Taiwan as he wooed Mr. Xi on a trade deal.

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    The Editorial Board

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  • Opinion | End U.S. Energy Dependence

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    The Trump administration’s renewed focus on securing critical minerals highlights an urgent truth, reinforced in “China Aims to Keep U.S. Military From Obtaining Its Rare Earths” (U.S. News, Nov. 12): America’s energy future depends on what we build and where we build it.

    For too long, we have relied on foreign sources for the rare-earth elements and advanced materials that power everything from electric grids and defense systems to the data centers fueling artificial intelligence. Even with the rare-earths deal Mr. Trump struck with China last month, more action is required to diversify supplies and strengthen domestic production as an essential step toward energy security.

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  • White House’s Ukraine Peace Plan Draws Pushback

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    European officials pushed back against a U.S. proposal for ending the Ukraine war, saying that Kyiv must approve any plan and that the conflict must not end with a Ukrainian capitulation.

    The Trump administration drafted a 28-point peace plan that calls for Ukraine to make major territorial concessions to Russia and drops demands for a peacekeeping force to deter future attacks by Moscow, U.S. officials said, resurrecting ideas that Kyiv has already rejected.

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    [ad_2] Laurence Norman
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  • Swiss Watch Exports Continue on Downward Trend in U.S. Tariff Fallout

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    Exports of Swiss watches remained on a declining trend in October, driven by a sharp decrease in the U.S. as tariffs continue to take a toll.

    Total exports of Swiss timepieces dropped 4.4% in October compared with the same period last year to 2.24 billion Swiss francs ($2.78 billion), according to data published Thursday by the Federation of the Swiss Watch Industry, or FH.

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    Andrea Figueras

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  • Maasai Sue Marriott Over Ritz-Carlton Safari Camp

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    NAROK, Kenya—Leaders of the Maasai ethnic group are seeking a court order to demolish a new Ritz-Carlton luxury safari camp they say blocks a key route of the famous Serengeti migration.

    Meitamei Olol Dapash, a Maasai elder with an American Ph.D., says the camp sits astride a path that some migratory wildebeest and zebra use to cross the Sand River in search of green grass.

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    Caroline Kimeu

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  • Opinion | Dick Cheney and the Fruits of Regime Change

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    He has largely proved right about Iraq and the broader Middle East.

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    Barton Swaim

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  • Europe Aimed to Set Standards for Tech Rules, Now It Wants to Roll Them Back

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    BERLIN—Europe is moving to relax some of the world’s tightest digital regulations in a bid to boost growth and reduce its reliance on U.S. tech.

    Germany and France on Tuesday backed an effort by the European Union, long seen as a global rulesetter for technology, artificial intelligence and digital services, to loosen regulatory strictures on the fast-growing, U.S.-dominated sectors.

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    Bertrand Benoit

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  • Netherlands Hands Back Control of Chip Maker Nexperia to Chinese Owner

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    The Dutch government handed back control of semiconductor manufacturer Nexperia to its Chinese owner, moving toward resolving a spat that had blocked vital chip supply to the auto industry.

    Dutch economic-affairs minister Vincent Karremans said Wednesday that the decision had been made in consultation with the Netherlands’ European and international partners and followed recent meetings with Chinese authorities.

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    Adrià Calatayud

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  • Trump Sends Pentagon Officials to Ukraine in Effort to Restart Peace Talks

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    President Trump dispatched a high-level Pentagon delegation to Kyiv for talks Wednesday in the administration’s latest attempt to revive negotiations on halting Russia’s war with Ukraine, according to senior U.S. officials.

    Army Secretary Dan Driscoll, along with two four-star Army generals, was scheduled to hold discussions with President Volodymyr Zelensky and other Ukrainian officials, as well as top military and industry representatives, two of the officials said. Driscoll is planning to meet with Russian officials at a later date.

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    Lara Seligman

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  • Opinion | The Art of a Deal With Saudi Arabia

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    Trump says he’ll sell the F-35 fighter jets and more. What is MBS willing to give?

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    The Editorial Board

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  • Trump and Saudi Crown Prince Begin Visit Packed With Deals

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    WASHINGTON—President Trump on Tuesday welcomed Saudi Crown Prince Mohammed bin Salman back to the White House for the first time since 2018, kicking off a two-day engagement to announce economic and defense deals.

    MBS, as the royal is commonly known, was greeted by Trump at the South Portico flanked by senior Saudi and U.S. officials. American troops rode horses and carried the flags of both nations before drums rolled and trumpets blared as the crown prince’s limousine rolled up to where Trump awaited with an outstretched hand. They stood to watch a formation of six jet fighters, three F-35s and three F-15s, before going inside to start their meetings.

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    [ad_2] Alexander Ward
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  • A Drug Kingpin Who Faked His Own Death and Fled Justice Runs Out of Luck

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    Wilmer Chavarria was living the good life after faking his own death.

    For four years, the Ecuadorean drug boss allied with Mexico’s Jalisco cartel moved among Dubai, Morocco and Spain, allegedly overseeing his drug empire and hit jobs back home—all while staying at the most exclusive hotels, Ecuador’s government said. To avoid detection, he underwent seven surgeries to alter his appearance and changed his name to Danilo Fernández.

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    Ryan Dubé

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  • Trump Says U.S. Intends to Sell F-35 Jet Fighters to Saudi Arabia

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    The announcement underscored the rehabilitation of Saudi Crown Prince Mohammed bin Salman ahead of a White House meeting Tuesday with the president.

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    Michael R. Gordon

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