WSJ: The U.S. is expected to remove 50% tariffs on some Canadian products in a bid to help Maine Sen. Susan Collins and other Republicans in the upcoming midterm elections, according to people familiar with the upcoming action.
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Bloomberg: A tanker carrying diesel left the Russian port of Primorsk and intermittently signaled New York, potentially marking the first such shipment following a fuel-supply agreement between Vladimir Putin and Donald Trump.
bloomberg.com/news/articles/…
bloomberg.com/news/articles/…
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WSJ: AI-crazed markets have turbocharged hundreds of state and local public-employee pension funds, whose combined assets have grown from $5.8 trillion in 2023 to $7.3 trillion in June, according to Federal Reserve data. Across 13 of the largest funds that manage their basket of domestic AI-linked stocks fueled $138 billion in paper gains between the end of 2022 and June, according to a Wall Street Journal analysis of securities filings.
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Bloomberg: French authorities are bracing for a new round of protests tomorrow, rolling out the military to back up police in a bid to prevent a repeat of last weekend’s riots and reassure markets unnerved by the violence. There will be 20% more police on the ground than last Saturday, according to the Interior Ministry.
bloomberg.com/news/articles/…
bloomberg.com/news/articles/…
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WSJ: President Trump called Elon Musk on Wednesday and asked him to lift restrictions on a military-grade version of Starlink in Ukraine that the SpaceX chief had throttled, U.S. officials said… Trump told Musk he was frustrated the system’s speeds remained capped at around 100 miles an hour, officials said.
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NYT: The Justice Department has opened a criminal investigation into Corey Lewandowski over accusations that he personally profited from his role as a top adviser to the Department of Homeland Security, according to two officials with knowledge of the situation.
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Bloomberg: Saudi Aramco evacuated its headquarters in Dhahran on Thursday, and staff have been asked to work from home, according to people familiar with the situation tell @A_DiPaola17 and me.
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Semi-official Fars news agency: Iran’s Islamic Revolutionary Guard Corps Navy says the scope of “its confrontation could extend to US bases in the region” if Washington continues “encouraging” vessels to use an “illegal” route in the Strait of Hormuz.
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NYT: The U.S. and Israeli militaries have developed specific plans for renewed strikes against Iran after the American midterm elections, according to U.S. officials and other people briefed on the deliberations. As planning for a short but intensive operation progresses, the U.S. and Israeli militaries have stepped up exercises, flying planes over Iraq to practice strike maneuvers. Defense Secretary Pete Hegseth met with Prime Minister Benjamin Netanyahu in Israel this week to discuss new strikes, U.S. officials said.
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If California’s Proposition 40 passes “Zuckerberg informed the Special Committee that he was evaluating relocating his primary residence outside California…”
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Bloomberg: Italian officials are looking into whether outside actors such as Russia had a hand in violent protests that swept Milan and other European cities over the weekend, according to people familiar with the matter.
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FT: Treasury secretary Scott Bessent told investors in a private meeting that he did not see a “systemic problem” with the AI boom, downplaying concerns that the industry is in a bubble like the one that preceded the dotcom bust.
“I’m good at figuring out when there are problems in systems,” Bessent, said when asked about AI in an interview with Bridgewater chief executive Nir Bar Dea, according to three people who were present at the event. “I don’t see a systemic problem.”
“I’m good at figuring out when there are problems in systems,” Bessent, said when asked about AI in an interview with Bridgewater chief executive Nir Bar Dea, according to three people who were present at the event. “I don’t see a systemic problem.”
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The State Department says it issued departure orders for non-emergency US gov employees and their family members “in Saudi Arabia only.”
This is inaccurate. The U.S. Department of State issued an ordered departure for non-emergency U.S. government employees and their family members in Saudi Arabia only.
Iranian-supported Houthis have increasingly engaged in hostilities against Saudi Arabia, including attacks on civilian airports and other critical infrastructure resulting in civilian casualties and severe travel disruptions.
The safety and security of Department personnel and their families remain our highest priority, and we will continue to take all necessary steps to protect and support them.
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Reuters: The US State Department is preparing to issue an ordered departure of some personnel and family members from US embassies across the Gulf region, three US officials said on Wednesday.
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This is inaccurate. The U.S. Department of State issued an ordered departure for non-emergency U.S. government employees and their family members in Saudi Arabia only.
Iranian-supported Houthis have increasingly engaged in hostilities against Saudi Arabia, including attacks on civilian airports and other critical infrastructure resulting in civilian casualties and severe travel disruptions.
The safety and security of Department personnel and their families remain our highest priority, and we will continue to take all necessary steps to protect and support them.
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Effective Immediately, all organizations using PHP for their systems are advised to be prepared for an update addressing two critical vulnerabilities. PHP is widely used for web applications. These vulnerabilities often provide a direct path to the server's file system or database. If an immediate update is not feasible, it is recommend that organizations take the system offline until it can be fully mitigated. NSA will follow up shortly with more specific guidance.
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Senator Tillis’ reaction to Witkoff’s comments to Putin — “WTF, Steve?”
WTF, Steve? Look up the definition of “humanitarian.” What an embarrassing and outrageous thing to say. You should go back to Ukraine and ask the families of the children Putin has kidnapped and murdered whether they agree your friend Putin is a “humanitarian.”
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