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How the U.S. Military Is Amassing Combat Power Near Venezuela | WSJ
The Wall Street Journal· 2025-10-11 01:07
Geopolitical Tensions & Military Buildup - Rising US-Venezuela tensions prompt Pentagon to amass combat power in the Caribbean, hinting at a potential larger campaign [1] - US military buildup includes warships, a Marine Expeditionary Unit (MEU) of approximately 2200 Marines and sailors, C17 cargo planes, and F-35 fighter jets [3][4] - Activation of the old US military base in Puerto Rico, along with the presence of P8 Poseidon spy planes and MQ9 Reaper drones capable of over 24 hours of flight, signifies increased surveillance and strike capabilities [4][5] - The US is signaling its willingness to deploy advanced assets in the Western Hemisphere, potentially offering the President options for strikes against the Venezuelan regime [6] Strategic Positioning & Regional Alliances - US military bases in Guantanamo Bay, Cuba, and Puerto Rico, along with friendly relations with Barbados, Grenada, and Trinidad and Tobago, could be leveraged for support [7][8] - A status of forces agreement with Trinidad and Tobago allows the potential staging of forces and assets, placing the US closer to Venezuela [8] US Accusations & Venezuelan Response - The Trump administration accuses Nicolas Maduro of leading a drug cartel and has hinted at escalation [9] - A $50 million reward has been announced for Maduro's capture, who denies the charges [10] - Maduro is preparing for a perceived existential threat, rallying allies like Russia, China, and Iran, but lacking pledges of mutual support [10][11]
This Field Disappears In a Matter of Minutes
The Wall Street Journal· 2025-10-10 18:05
Stadium Engineering & Revenue Generation - Engineering unlocks new revenue streams by transforming the field for different events [1] - The stadium can be transformed from an English Premier League pitch to an NFL field [1][3] Field Transformation Process - The outer perimeter of the field is lowered by 180 cm (1.8 meters), approximately 5 ft, to accommodate American football sidelines [2] - The grass pitch is separated into three massive sections and rolled under the stands [2] - A PVC graded floor is installed as a shock pad [3] - 37 rolls of artificial NFL turf are rolled out and joined together [3] - The stadium transformation takes approximately 36 to 48 hours [3]
The NFL’s Secret Weapon in London Is This Hidden Stadium Tech | WSJ Tech Behind
The Wall Street Journal· 2025-10-10 15:24
In a matter of minutes, this English Premier League field or pitch will completely disappear under the stands. >> The best way to describe it is to talk about the Rubik's Cube. >> The engineering behind this stadium unlocks new revenue streams by transforming this English football pitch into a stage for world tours, a boxing ring, and even an NFL field.We explored the inner workings of this UK stadium to see how underground mechanics hide a 9,000 ton grass field to reveal an entirely new turf underneath. Th ...
China, North Korea and Russia: A Complicated Geopolitical Love Triangle
The Wall Street Journal· 2025-10-10 09:46
Premier Li Chang has arrived in North Korea. On the surface, this looks like business as usual. Just two old allies putting on a show of unity.But the real story is what's happening behind the scenes behind the handshake. This is China's response to a new potentially more worrisome dynamic in its own backyard. Think of this as this very complicated geopolitical love triangle between China, North Korea, and Russia.For decades, Beijing has been North Korea's one and only major partner. But now, there's anothe ...
Why Gold Is at Its Highest Price Ever Right Now | WSJ
The Wall Street Journal· 2025-10-09 14:51
Gold Price Surge & Drivers - Gold price closed above $4,000 per troy ounce, reaching an all-time high, marking an unusual rally since 1979 [1] - Gold futures prices have risen approximately 50% this year, outpacing many major crises in American history, as investors seek to retain value during times of inflation and economic uncertainty [2][3] - Central banks have been accumulating gold bullion since the great financial crisis due to doubts about the global financial system intertwined with the US economy, US banks, and the US Federal Reserve [6] Factors Influencing Gold Prices - Policy dysfunction in Washington, including runaway deficits, government shutdowns, and a perceived lack of concern for higher inflation in the US economy, are contributing to gold's appeal [4] - Federal Reserve Chair Jerome Powell's signaling of potential interest rate cuts despite above-target inflation has driven gold prices upward [5] - A weaker US dollar, partly desired by the Trump administration to aid US exporters, coupled with a lack of confidence in the US economic outlook and concerns about long-term deficits, further supports gold prices [8][9] Potential Risks & Future Outlook - Historical trends suggest that rapid price gains in gold can evaporate within a few years, indicating potential for a future correction [10] - The strength of US institutions, the Federal Reserve's independence, a decrease in inflation, and continued US economic growth could exert downward pressure on gold prices [10] - Major Wall Street banks anticipate continued gold purchases by central banks in the coming year, which is expected to sustain gold prices [7]
Trump’s Israel–Hamas Gaza Peace Plan: The Challenges Ahead
The Wall Street Journal· 2025-10-09 08:51
This is a major breakthrough for the war in Gaza, which has drawn out for two years. We're very close to a deal in the Middle East. >> Hamas is agreeing to release all of the remaining living hostages.It is estimated that there are as many as 20 hostages still living in Gaza. They could be released as soon as Monday. And in return, Israel is going to release as many as 1,700 Palestinian prisoners.This is very controversial for both sides, but they're hoping this is the first step toward a lasting peace. Thi ...
Government Shutdown: When Will the Military Troops Get Paid? | WSJ
The Wall Street Journal· 2025-10-09 04:01
Government Shutdown Impact - Active duty military members could miss their first paycheck if Congress doesn't act, potentially affecting troops deployed globally [1] - Over 13 million (130万) active duty military members across various branches are considered essential employees and required to work without pay during a shutdown [2] - Hundreds of National Guard troops deployed to DC, California, and Illinois are also affected by the shutdown [2] Congressional Response - The National Guard Association and other groups are urging Congress to pass a standalone bill to ensure service members are paid during the shutdown [2] - House Speaker Mike Johnson indicated openness to bringing a bill to the floor to ensure troops are paid, referencing past actions [3] - Congress previously passed a similar bill before the 2013 government shutdown to ensure military pay [3]
Shutdown Day 8: Air Travel Troubles Ahead as Shutdown Drags On
The Wall Street Journal· 2025-10-08 05:03
It's day eight of the government shutdown and we're starting to see it take its toll on airports across the country. Nashville on Tuesday had large number of delays because of a lack of air traffic controllers where there have been warnings that something similar could happen in Chicago. Air traffic controllers and the folks who work the lines at TSA are considered essential workers.So they are still coming in generally speaking, but it's not yet clear when they're going to get paid and whether there will b ...
We Found Hidden Tariff Costs at the ‘Disneyland’ of Grocery Stores | WSJ
The Wall Street Journal· 2025-10-07 14:30
Tariff Impact on Grocery Industry - President Trump's global tariffs are straining grocery chains, impacting items like pineapples from Costa Rica, fish from Greece, and cheese from Italy [1][2] - Major grocers, including Walmart, are experiencing increasing costs as they replenish inventory at post-tariff price levels [4] - Grocery costs climbed 27% in August compared to a year ago, marking the fastest pace of grocery inflation in two years [6] - Tariffs are prompting some companies to onshore manufacturing, such as aluminum tins, but this may not help margins [11][12] Consumer Behavior and Pricing Strategies - Grocers are hesitant to raise prices to avoid being perceived as contributing to inflation and want to support customers by maintaining low prices [5] - Over half of consumers are concerned about grocery prices, and 66% reported switching to less expensive products to save money [13] - Customers may switch to less expensive items or buy less of certain products if prices increase too much [13][14] Specific Product Impacts - The US imported 760 metric tons of shrimp in 2024, with India being a top exporter facing a 50% tariff [8] - Due to the 50% tariff on Indian shrimp, the company is switching to Ecuador, potentially increasing shrimp prices by 25% [8] - A 15% tariff on imported fruits like mangoes, pineapples, and bananas from Costa Rica is currently being absorbed by the importer [9][10] - Stew Leonard's anticipates potentially selling 20% less shrimp this year due to rising prices [9]
Why Trump Froze Billions in Infrastructure Funding Amid Shutdown | WSJ
The Wall Street Journal· 2025-10-07 04:01
The Trump administration said it was going to be withholding funding for a few different infrastructure projects in Chicago and New York City. We can get rid of a lot of things that we didn't want and they'd be Democrat things. The Trump administration is trying to tie this funding and this previously allocated funds to the ongoing shutdown fight.Right now, the biggest project that's been frozen in New York City is the Hudson Rail Tunnel. And the other project in New York City is an extension of the Second ...