Category Archives: international

Argentina’s Milei Strengthens Political Power Amid LIBRA Scandal

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**Milei’s La Libertad Avanza Party Wins Big in Argentina’s 2025 Midterms Amid Ongoing LIBRA Crypto Scandal**

Argentine President Javier Milei’s party, La Libertad Avanza (LLA), secured a significant victory in the 2025 midterm legislative elections, capturing nearly 41% of the national vote. This impressive win bolsters Milei’s influence in Congress and strengthens his position to advance his reform agenda. However, the triumph comes amid an escalating LIBRA cryptocurrency scandal that continues to erode public trust and intensify legal scrutiny surrounding Milei and his associates.

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### Victory in the 2025 Midterms

La Libertad Avanza emerged as a dominant political force in Argentina’s 2025 midterm elections, making notable gains in key districts such as Buenos Aires, Mendoza, Córdoba, and Santa Fe. With approximately 41% of the vote, LLA surpassed the Peronist alliance, which garnered 31.6%.

Following the elections, LLA now holds 101 out of 257 seats in the Chamber of Deputies, a substantial increase that enhances Milei’s legislative leverage. This expanded control is expected to facilitate the passage of Milei’s ambitious reforms in tax policy, labor laws, and pensions.

Reflecting on the victory, Milei stated, “During the first two years, we avoided falling off the cliff. In the next two years, we will continue the reformist path to make Argentina great again.”

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### LIBRA Crypto Scandal Continues to Unfold

Despite his electoral success, Milei’s association with the LIBRA cryptocurrency project has sparked ongoing controversy. The scandal began when Milei publicly endorsed LIBRA, a meme coin that saw a rapid rise in market capitalization.

However, the coin’s value crashed after insiders sold off their holdings, causing significant losses for investors. Although Milei has since distanced himself from LIBRA and denied direct involvement in its operations, the fallout severely impacted his public approval.

A recent Zuban Córdoba survey indicates only 36% of Argentinians still support Milei, while 57.6% express distrust in his leadership. This sharp decline in confidence has led to both criminal and congressional investigations targeting Milei and his advisers.

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### Legal Scrutiny Intensifies

Legal repercussions surrounding the LIBRA scandal have intensified in recent months. In October, an Argentine prosecutor ordered forensic examinations of the phones belonging to President Milei and his close aides as part of an ongoing inquiry into their possible roles in the cryptocurrency project.

Additionally, U.S. legal sources suggest that Milei, along with his brother Karina Milei and promoter Hayden Mark Davis, likely control assets linked to LIBRA. This development has increased pressure on the president’s inner circle, with calls mounting for the detention of two aides implicated in the launch of the token.

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### Struggling to Maintain Credibility

While the 2025 midterm election results increased Milei’s political power, the LIBRA scandal poses a serious threat to his credibility. Accusations of insider trading and market manipulation continue to dominate media coverage, contributing to waning public trust.

Milei faces a delicate balancing act: managing the fallout from the LIBRA scandal while delivering on the reforms that secured his electoral success. Despite these challenges, he remains committed to pushing forward with his policy agenda.

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### Looking Ahead

The coming months will be critical for Milei’s administration as it grapples with legal investigations and public skepticism. Restoring trust may prove essential not only for maintaining political momentum but also in shaping the trajectory of his government ahead of Argentina’s 2027 presidential election.

**Stay tuned for further updates on this developing story.**
https://coincentral.com/argentinas-milei-strengthens-political-power-amid-libra-scandal/

Asian shares gain as Trump says he expects a trade deal with China

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**Asian Shares Rally as U.S. Futures Jump; Japan’s Nikkei 225 Tops 50,000 for the First Time**

*BANGKOK (AP)* — Asian shares surged and U.S. futures climbed on Monday, buoyed by strong performances from Japan’s benchmark Nikkei 225, which surpassed the 50,000 mark for the first time in history. Positive developments in trade relations between the U.S., China, and other major trading partners contributed to the upbeat market sentiment.

U.S. President Donald Trump visited Malaysia for a summit with Southeast Asian nations, where he reached preliminary trade agreements with Malaysia, Thailand, Cambodia, and Vietnam. Meanwhile, a trade deal between the United States and China appeared closer to fruition. Officials from both of the world’s largest economies announced on Sunday that they had reached an initial consensus, setting the stage for Trump and Chinese leader Xi Jinping to work toward finalizing the deal during a high-stakes meeting later in the week.

“This isn’t just photo-op diplomacy. Behind the showmanship, Washington and Beijing’s top trade lieutenants have quietly mapped out a framework that might, just might, keep the world’s two largest economies from tearing up the field again,” said Stephen Innes of SPI Asset Management in a commentary.

Following Malaysia, Trump was scheduled to visit Japan before concluding his Asian tour in South Korea, where he is expected to meet Xi Jinping on the sidelines of the Asia-Pacific Economic Cooperation (APEC) forum.

A report released Monday by the APEC secretariat forecast that annual growth in the Pacific region will slow to 3% this year from 3.6% last year, partly due to trade restrictions and higher tariffs.

### Japan’s Market Rally

In Japan, newly installed Prime Minister Sanae Takaichi enjoys high levels of public support for her market-friendly policies. The Nikkei 225 index climbed 2.1% to 50,329.08, hitting record intraday highs. Takaichi, Japan’s first female prime minister, favors raising defense spending, boosting stocks of major defense contractors such as Kawasaki Heavy Industries, which rose 8.7%. Other defense-related companies also gained, with IHI Corp. up 2.6% and Hitachi increasing 2.7%.

Trump has frequently criticized Japan for restricting access to its auto market, citing it as one justification for imposing tariffs of 25%—later reduced to 15%—on Japan, one of America’s most vital Asian allies. In response, the Japanese government has proposed purchasing a fleet of Ford F-150 trucks for inspecting roads and infrastructure, signaling openness to U.S. products.

### Gains Across Asia-Pacific Markets

South Korea saw shares surge as well, with the Kospi rising 2% to a record 4,018.73. Investors are optimistic about a possible trade agreement with the United States. Chinese markets also posted solid gains: Hong Kong’s Hang Seng increased by 1% to 26,427.34, and the Shanghai Composite rose 1% to 3,991.35.

In Australia, the S&P/ASX 200 picked up 0.3% to 9,047.40, while Taiwan’s Taiex gained 2.1%, and India’s Sensex was up 0.5%.

### U.S. Stocks Hit Records

On Friday, U.S. stocks reached record highs after inflation data proved less severe than anticipated. The S&P 500 rose 0.8% to 6,791.69, surpassing its previous all-time high set earlier this month. The Dow Jones Industrial Average rallied 1% to 47,207.12, and the Nasdaq composite climbed 1.1% to a record 23,204.87.

The encouraging inflation figures suggest less financial strain for lower- and middle-income households grappling with high price increases. More importantly for Wall Street, the data may clear the way for the Federal Reserve to continue cutting interest rates to support a slowing job market.

The Fed cut its main interest rate last month for the first time this year but has so far been cautious about additional cuts due to concerns that lower rates might exacerbate inflation.

Most large U.S. companies reported stronger-than-expected profits last quarter, further raising hopes for steady economic growth.

### Commodities and Currency Movements

Early Monday trading saw U.S. benchmark crude oil rise 15 cents to $61.65 per barrel, while Brent crude, the international standard, increased 12 cents to $65.32 per barrel. The U.S. dollar strengthened against the Japanese yen to 153.15 from 152.85 yen. Conversely, the euro slipped to $1.1622 from $1.1636.
https://wtop.com/world/2025/10/asian-shares-gain-japans-nikkei-tops-50000-level-as-trump-seeks-trade-deals/

Tanzania goes to vote in elections set to keep the same party in power for 7 decades

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**Tanzania’s Ruling Party Set to Extend 64-Year Rule Amid Concerns Over Election Fairness**

*NAIROBI, Kenya (AP)* — Tanzania’s governing party, Chama cha Mapinduzi (CCM), has been in power for 64 years, largely unchallenged by serious opposition. This long-standing dominance looks set to continue as Tanzanians prepare to vote on Wednesday in a general election widely expected to be won by President Samia Suluhu Hassan.

Hassan, a former vice president, assumed the presidency in 2021 following the death of her predecessor. She is Tanzania’s sixth president and the country’s first female leader. Despite Tanzania being a multiparty democracy, CCM has maintained control since independence from Britain in 1961.

With a population of 68 million and an annual per capita income of roughly $1,200, Tanzania stands out in a region where liberation parties are losing ground and vibrant opposition groups, often led by young people, are pushing for political change.

However, authorities have cracked down on opposition leaders, civil society organizations, journalists, and others in what Amnesty International describes as a “climate of fear” ahead of the elections. These polls will decide the country’s next president, lawmakers, and various local leaders.

**A History of Limited Opposition**

Under former President John Pombe Magufuli, an authoritarian figure who restricted opposition campaigning outside election periods, repression was intense. While early expectations suggested President Hassan might adopt a more open style, many voters have grown disillusioned with the increased authoritarianism during her tenure.

Opposition parties allowed to contest this election have run minimal campaigns, with some candidates even seeming to endorse Hassan’s bid for re-election.

**Opposition Leaders Silenced**

Voters will select from Hassan and 16 other candidates. Yet two of her main rivals—Tundu Lissu of Chadema and Luhaga Mpina of ACT-Wazalendo—have been barred from contesting the presidency.

Lissu, a prominent opposition figure known for his charisma, spent years in European exile after surviving an assassination attempt in 2017. He is currently imprisoned on treason charges widely seen as politically motivated. Recently, police also arrested John Heche, deputy leader of Chadema, while he was attending Lissu’s treason trial.

**Campaign Promises and CCM’s Position**

With her major opponents sidelined, Hassan has been touring the country, campaigning on promises of stability and prosperity, especially for those working in agriculture. Her slogan—“work and dignity”—emphasizes moving Tanzania forward.

CCM, which maintains ties with China’s Communist Party, enjoys loyal support in parts of the country. However, the party’s share of the popular vote has been declining amid growing calls for change from opposition groups.

Nicodemus Minde, a Tanzanian researcher with the Institute for Security Studies in South Africa, describes CCM as heading to the polls “virtually unchallenged.” He notes voter turnout has been dropping since 2010 and predicts low participation, partly because a CCM victory is seen as a foregone conclusion.

“Voter apathy could be high due to the impact of the disqualification of the two main opposition parties,” Minde said. He warned that this election “presents a significant risk of strengthening authoritarian practices rather than advancing democratic governance.”

**Tensions and Threats of Unrest**

The opposition has called for protests on election day. Chadema insists that free and fair elections are impossible without essential reforms.

Many voters interviewed by The Associated Press expressed concern about potential threats to peace, especially after authorities warned they would not tolerate disruptions stemming from demonstrations. There are widespread fears regarding repressive tactics, including arbitrary arrests and abductions by unknown individuals.

Some also worry the government may shut down internet access ahead of voting.

“Peace must prevail for the election to run smoothly,” said Joshua Gerald, a resident of Dar es Salaam who requested anonymity for safety reasons. “Without peace, there can be chaos or fear, and people may fail to exercise their democratic rights.”

Noel Johnson, another young voter from the city, emphasized the need to safeguard constitutional rights. “The government needs to protect our constitutional rights, especially the right to demonstrate because we are not satisfied with the ongoing electoral processes,” he said.

President Hassan has urged voters to turn out in large numbers and assured that peace will be maintained. Yet concerns over possible unrest persist.

Richard Mbunda, a political scientist at the University of Dar es Salaam, warned that public dissatisfaction could push Tanzania toward instability.

“There are clear signs of unrest,” Mbunda said. He cautioned that even seemingly stable countries risk turmoil if authorities remain indifferent.

“The tone of reconciliation spoken about during campaigns should be genuine,” he added. “Dialogue is needed. The election is legally valid but lacks political legitimacy.”

—

Muhumuza reported from Kampala, Uganda. Associated Press writers in Dodoma and Dar es Salaam contributed to this report.
https://www.yahoo.com/news/articles/tanzania-goes-vote-elections-set-045907785.html

Brennan wins at Black Desert on an invitation. Australia beats US to win International Crown

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Michael Brennan Dominates at Black Desert to Win Bank of Utah Championship

IVINS, Utah (AP) – Michael Brennan was just as dominant at Black Desert as he was on the PGA Tour Americas. He closed with a 5-under 66 to go from a sponsor exemption to a PGA Tour winner Sunday, securing a four-shot victory in the Bank of Utah Championship.

In his first PGA Tour start as a professional, Brennan became the first sponsor exemption to win since Nick Dunlap took The American Express in January 2024 as an amateur. The victory means Brennan, a 23-year-old Wake Forest standout, skips the Korn Ferry Tour next year and advances straight to the PGA Tour.

Brennan earned a two-year exemption on the PGA Tour, along with spots in the PGA Championship and the $20 million RBC Heritage. He was ranked No. 451 in the world when he left the South America portion of the PGA Tour Americas but had been dominant in Canada, with one win in Minnesota, winning three times in a four-tournament stretch and posting eight top 10s in 10 starts.

Winning the Fortinet Cup season points race gave him a fully exempt Korn Ferry Tour card. Now, Brennan will compete alongside Scottie Scheffler and the rest of golf’s best on the big stage.

Though not a perfect finish—he hit his second shot into a deep pit with lava rocks, took a penalty for an unplayable lie, and closed with a bogey—Brennan finished at 22-under 262, four shots clear of Rico Hoey (67).

A combination of power and poise at Black Desert Resort, the scenic Tom Weiskopf-designed course framed by red-rock cliffs and black lava, Brennan started the final round with a three-shot lead, ran off three birdies in his first five holes to stretch his lead to five shots, and was never seriously challenged.

Australia Wins LPGA International Crown in South Korea

GOYANG, South Korea (AP) – Australia defeated the United States team to claim the LPGA’s International Crown. Minjee Lee and Hannah Green both clinched their singles matches on the 17th hole to secure the title.

The foursomes match between Australians Stephanie Kyriacou and Grace Kim and Americans Lilia Vu and Lauren Coughlin ended in a tie, but it was inconsequential after Green secured her 2-and-1 victory over Yealimi Noh at the New Korea Country Club. Lee also defeated Angel Yin, 2 and 1.

This marks the first International Crown win for Australia, a title that eluded them in 2023 when Thailand, led by current world No. 1 Jeeno Thitikul, beat them in the final at Harding Park.

The World team finished in third place after Charley Hull and Lydia Ko both earned impressive singles wins against Japan.

Jungwhan Lee Claims First European Tour Title at Genesis Championship

CHEONAN, South Korea (AP) – Jungwhan Lee rallied from a four-shot deficit with a 7-under 64 to take a two-shot victory at the Genesis Championship, earning his first European Tour title.

The 34-year-old South Korean birdied five straight holes on the front nine and took the lead with a birdie on the 14th, finishing the tournament at 11-under 273. He edged out Laurie Canter and Nacho Elvira by two shots.

The victory grants Lee a two-year exemption on the European Tour and entry into the Abu Dhabi HSBC Championship in two weeks, the first of two DP World Tour playoff events.

Also notable was Jordan Gumberg, a former Arizona collegiate golfer, who holed out from 58 yards for eagle on the par-5 18th. This helped him tie for seventh and improve to No. 110 in the Race to Dubai, securing his card for next year.

Steven Alker Rises to Top of Charles Schwab Cup with Simmons Bank Championships Win

LITTLE ROCK, Ark. (AP) – Steven Alker took over the top ranking in the Charles Schwab Cup with a commanding wire-to-wire win at the Simmons Bank Championships, closing with a 3-under 69 for a seven-shot victory.

Alker, who began the tournament with an opening round 61, earned his second PGA Tour Champions win of the year at Pleasant Valley Country Club. He pulled away after an eagle-birdie-birdie stretch to start the back nine.

Miguel Angel Jimenez has four wins this year but has only made three top 10s in his last eight starts on the senior circuit. The top 36 players will advance to the Charles Schwab Cup Championship next month in Arizona, with Tommy Gainey holding the 36th spot and no other movement in the standings.

Pongsapak “Fifa” Laopakdee Wins Asia-Pacific Amateur, Advances to Masters and British Open

DUBAI, United Arab Emirates (AP) – Pongsapak “Fifa” Laopakdee rallied from a six-shot deficit with a 4-under 68 and defeated 16-year-old Taisei Nagasaki of Japan on the third playoff hole to win the Asia-Pacific Amateur.

The junior at Arizona State became the first player from Thailand to win the tournament, which began in 2010. Both players birdied the 18th and 17th in the playoff until Nagasaki missed the green left on the 18th and settled for par, handing Laopakdee the victory.

Nagasaki had started the final round with a five-shot lead but missed a crucial 4-foot birdie putt on the 18th in regulation and finished with a 74.

Laopakdee’s win secures him invitations to the Masters and the British Open next year.

Other Notable Wins Across Global Tours

  • Yani Tseng closed with a 5-under 67 to win the rain-shortened Wistron Ladies Open in Taiwan by four shots, marking her first victory in 11 years and seventh on the Ladies European Tour.
  • Miguel Tabuena shot a third consecutive 7-under 65 to claim a three-shot victory at the International Series Philippines on the Asian Tour.
  • Matias Sanchez capped off a wire-to-wire win with a 1-under 71 for a two-shot victory at the Webex Players Series-South Australia on the PGA Tour of Australasia.
  • Hennie du Plessis won the Blu Label Unlimited Challenge on the Sunshine Tour with 14 points in the modified Stableford scoring system, needing only eight points to clinch the win.
  • Andrew Marshall captured his first Legends Tour title with a 6-under 66 for a two-shot victory at the Senior Italian Open.
  • Shuri Sakuma closed with a 5-under 67 for an 11-shot victory over Miyuu Abe in the Nobuta Group Masters on the Japan LPGA.
  • Shuying Li finished with a 4-under 68 to win by two shots at the Gwangnamilbo-Happiness Open on the Korea LPGA.

— AP Golf

https://wtop.com/australia/2025/10/brennan-wins-at-black-desert-on-an-invitation-australia-beats-us-to-win-international-crown/

Russia says more than 80 people detained for questioning after Moscow street fight

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**Over 80 People Questioned Following Major Street Fight Between Migrants in Moscow**

*MOSCOW (Reuters)* – Russia’s Interior Ministry reported on Sunday that more than 80 individuals were taken to police stations for questioning following a significant street fight between migrants in a residential area of Moscow. The ministry stated that all foreigners involved in the incident would face deportation.

Russian media released videos showing people engaged in violent clashes on the street using clubs and spades. The footage also revealed the smashing of windows near parked cars around the Prokshino residential complex. However, the cause of the fight remains unclear.

According to the Interior Ministry, 19 people have been arrested on charges of hooliganism. The ministry added that migrants holding Russian citizenship risk having their citizenship revoked. Foreign nationals involved who are not imprisoned will be deported and banned from re-entry into Russia, said Irina Volk, a spokesperson for the Interior Ministry.

Migration, particularly from former Soviet republics in Central Asia and the Caucasus, has emerged as a major domestic political issue in Russia. Restrictions on migration intensified following a deadly attack at a Moscow concert hall in 2024, which Russian authorities attributed to Tajik nationals.

In 2024, approximately 6.3 million migrants arrived in Russia, according to Interior Ministry figures. Nearly half of these migrants came from Uzbekistan, Tajikistan, and Kyrgyzstan. Despite Russia’s domestic economy relying heavily on affordable labor from these regions—especially in construction and consumer industries—many Russian citizens have expressed concerns. They criticize the large influx of people, noting a perceived lack of familiarity with Russian customs and culture.

Additionally, Russia has been grappling with severe labor shortages across multiple sectors since the outbreak of the war in Ukraine, as hundreds of thousands of Russian workers joined the military.

*Reporting by Reuters; Editing by Guy Faulconbridge and Ros Russell*
https://uk.news.yahoo.com/russia-says-more-80-people-123257376.html

Suspects arrested over the theft of crown jewels from Paris’ Louvre museum

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Suspects have been arrested in connection with the theft of crown jewels from Paris’ Louvre Museum, the Paris prosecutor announced on Sunday, a week after the heist at the world’s most visited museum shocked the globe.

The prosecutor revealed that investigators made the arrests on Saturday evening. Notably, one of the men taken into custody was preparing to leave the country from Roissy Airport. Earlier, French media outlets BFM TV and Le Parisien newspaper reported that two suspects had been arrested and taken into custody. However, Paris prosecutor Laure Beccuau did not confirm the exact number of arrests or say whether the stolen jewels had been recovered.

The daring theft took less than eight minutes last Sunday morning, with thieves making off with jewels valued at 88 million euros (approximately $102 million). French officials described how the intruders used a basket lift to scale the Louvre’s façade, forced open a window, smashed display cases, and then fled the scene.

The museum’s director called the incident a “terrible failure.” Beccuau stated that investigators from a special police unit—responsible for armed robberies, serious burglaries, and art thefts—were behind the arrests. She also regretted the premature leak of information, warning that it could hinder the efforts of more than 100 investigators “mobilized to recover the stolen jewels and apprehend all of the perpetrators.”

Further details will be revealed after the suspects’ custody period ends, Beccuau added.

French Interior Minister Laurent Nunez praised the investigators, saying they “have worked tirelessly, just as I asked them to, and have always had my full confidence.”

The Louvre reopened earlier this week following one of the highest-profile museum thefts of the century, an audacious crime that stunned the world with its scale and boldness. The thieves slipped in and out, making away with parts of France’s Crown Jewels—a cultural wound some have compared to the 2019 burning of Notre Dame Cathedral.

In total, the thieves stole eight objects, including a sapphire diadem, a necklace, and a single earring from a set linked to 19th-century queens Marie-Amélie and Hortense. They also took an emerald necklace and earrings associated with Empress Marie-Louise, Napoleon Bonaparte’s second wife, as well as a reliquary brooch.

Empress Eugénie’s diamond diadem and her large corsage-bow brooch—an imperial ensemble of rare craftsmanship—were also part of the loot.

One piece, Eugénie’s emerald-set imperial crown adorned with more than 1,300 diamonds, was later found outside the museum. Although damaged, it was reported to be recoverable.
https://www.wptv.com/world/suspects-arrested-over-the-theft-of-crown-jewels-from-paris-louvre-museum

Trump’s Asia Tour: Deals, Diplomacy and a Meeting With Xi

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From Kuala Lumpur to Gyeongju, President Trump is casting himself as a deal-maker and peace negotiator.

As he travels through the region, he aims to promote tariff relief and establish steadier ties amid a wary environment.

Leaders and citizens alike are watching closely to see how his diplomatic efforts might impact the future of international relations in this part of the world.
https://www.nytimes.com/2025/10/25/world/asia/trump-japan-korea-china.html

Police bust plot to sell fake artwork purportedly by Rembrandt, Picasso

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A major international plot involving the sale of suspected forged paintings by renowned artists has been uncovered, police announced on Friday. The scheme spanned three countries and involved fake works attributed to masters such as Rembrandt, Pablo Picasso, and Frida Kahlo.

The main suspect, a 77-year-old German man, allegedly attempted to sell 20 counterfeit paintings. These included purported pieces by Flemish old master Peter Paul Rubens, Spanish artist Joan Miró, and Italian sculptor Amedeo Modigliani. Authorities in Bavaria revealed that he was assisted by 10 accomplices in the operation.

Investigators first grew suspicious when the suspect tried to sell two alleged original Picasso paintings on the art market. One of these artworks depicted Dora Maar, a French photographer, painter, and poet who was Picasso’s most famous muse, according to BBC News.

The police stated that the man subsequently sought to sell *De Staalmeesters*, a famous oil painting by Rembrandt, for 120 million Swiss francs (approximately $150 million). However, the original painting is permanently displayed at the Rijksmuseum in Amsterdam. The copy, believed to have been made in the 20th century, was found in the possession of an 84-year-old Swiss woman who is now also under investigation.

“After examination by an art expert, it was confirmed that the painting was indeed a copy and not a lost masterpiece by Rembrandt van Rijn,” police reported, as cited by BBC.

The fake paintings were being offered at prices ranging from 400,000 euros to about 130 million euros (roughly $465,000 to $150 million), police said in a statement.

Last week, authorities conducted coordinated searches in multiple locations across southern Germany, Berlin, several areas in Switzerland, and Liechtenstein. During these raids, the main suspect and another German man, aged 74, were arrested. The second suspect is accused of preparing forged authenticity reports for the artworks. Both men have since been released on bail.

Police confirmed that all confiscated paintings will undergo detailed examination by experts and appraisers over the coming weeks to assess their authenticity.

This extensive investigation highlights the ongoing challenges art markets face with forged masterpieces, emphasizing the importance of vigilance and expert scrutiny.
https://www.cbsnews.com/news/art-forgeries-plot-bust-germany-police-rembrandt-picasso-frida-kahlo/

Trump Ends Canada Trade Talks Over Television Ad Using Reagan Speech Against Tariff Policy

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President Trump abruptly halted trade negotiations with Canada on Thursday night, citing a television ad airing in the United States that he claims amounts to foreign interference in a pending Supreme Court case over his administration’s “reciprocal” tariff policy.

His decision followed the Canadian province of Ontario purchasing airtime on U.S. television to run a commercial featuring a speech from President Ronald Reagan, in which Reagan spoke out against tariffs.

“The Ronald Reagan Foundation has just announced that Canada has fraudulently used an advertisement, which is FAKE, featuring Ronald Reagan speaking negatively about tariffs,” Mr. Trump said on Truth Social. He was referring to the Supreme Court’s November 5 scheduled oral arguments regarding legal challenges to a major portion of his tariff policies, which include country-specific rates.

“They only did this to interfere with the decision of the U.S. Supreme Court, and other courts,” he added.

The ad, which aired during an American League Championship Series game between the Toronto Blue Jays and the Seattle Mariners, begins with Reagan saying, “When someone says, ‘Let’s impose tariffs on foreign imports,’ it looks like they’re doing the patriotic thing by protecting American products and jobs, and sometimes for a short while it works, but only for a short time.”

“But over the long run, such trade barriers hurt every American worker and consumer,” Reagan continues in the ad, which was also posted on X by Ontario’s premier, Doug Ford.

“Using every tool we have, we’ll never stop making the case against American tariffs on Canada. The way to prosperity is by working together,” Mr. Ford wrote in his post.

In response, the Reagan Presidential Foundation and Institute announced it was “reviewing its legal options” regarding the use of Reagan’s remarks. The foundation stated that “the ad misrepresents the Presidential Radio Address, and the Government of Ontario did not seek nor receive permission to use and edit the remarks.”

This is not the first time Mr. Trump has ended trade negotiations with Canada. In June, he declared he was “terminating ALL discussions on trade with Canada,” citing concerns about how American tech companies and dairy farmers were being treated.

The Canadian government responded by imposing quotas on steel products.

Prime Minister Carney made a trip to the White House in early October, and relations between the two nations appeared to have improved. During an Oval Office appearance with Mr. Carney, President Trump discussed the “mutual love” between the United States and Canada.

However, tensions remain. “We want Canada to do great,” he said. “But you know, there’s a point at which we also want the same business.”
https://www.nysun.com/article/trump-ends-canada-trade-talks-over-television-ad-using-reagan-speech-against-tariff-policy

Trump Admin Reportedly Close To Gobbling Up Stakes In Key Growing Industry

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Several quantum computing firms have reportedly been in discussions with the Commerce Department to offer equity stakes in return for federal funding.

Companies such as IonQ, Rigetti Computing, and D-Wave Quantum are considering allowing the government to take equity stakes as part of deals to secure funding designated for promising technology firms, the Wall Street Journal (WSJ) reported on Wednesday, citing anonymous sources familiar with the matter. Other technology firms, including Quantum Computing and Atom Computing, are also exploring similar arrangements, according to the outlet.

The Commerce Department, Quantum Computing, Atom Computing, D-Wave Quantum, Rigetti Computing, and IonQ did not immediately respond to the Daily Caller News Foundation’s request for comment.

Deputy Commerce Secretary Paul Dabbar, who was confirmed by the Senate in June, is reportedly spearheading the funding discussions with these technology companies, the anonymous sources told the WSJ. However, any potential deals with the quantum computing firms have yet to be finalized and remain subject to change, the report noted.

This news follows the White House announcement in August that the U.S. government will take a 10% ownership stake in Intel under a deal with the U.S.-based chipmaker. Additionally, Commerce Secretary Howard Lutnick stated on August 26 that the Trump administration was considering taking equity stakes in defense companies.

Quantum computers have the ability to solve highly complex statistical problems far beyond the capabilities of today’s conventional computers, according to a March report from McKinsey & Company. These machines can be applied across a variety of key industries, including finance, transportation, pharmaceuticals, and “green” technology.

An April 2023 report from McKinsey & Company estimated that quantum computing could account for nearly $1.3 trillion in value by 2035.

Following the release of the WSJ’s report, shares in U.S. quantum computing firms jumped in premarket trading on Thursday, according to Reuters.

—

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https://dailycaller.com/2025/10/23/trump-admin-commerce-department-quantum-computing/