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DOJ Charges Two Americans and 10 China-Based Defendants Over North Korean Laptop Farms, Seizes 187 Devices in Texas

The Justice Department announced Tuesday, Oct. 13, that two Americans were arrested and ten China-based defendants charged in a scheme to place North Korean IT workers inside U.S. companies. The FBI searched more than 40 Texas homes in late September and seized roughly 187 laptops and devices. U.S. Attorney Ryan Raybould says more indictments are coming for Americans who hosted the machines.

Trump Denies Halting Intel Sharing With Ukraine as Russian Strikes Continue Under Announced 'Energy Ceasefire'

President Trump said Tuesday, Oct. 13, that the U.S. is still sharing intelligence with Ukraine, after Kyiv got no early warning of Monday night's ballistic strike. The Kremlin has not confirmed any energy truce, and Russian attacks since then have killed people in Kharkiv and Fastiv and injured 25 at a university in Rivne. The Ukrainian Air Force is investigating why it received no launch information.

EU Opens Two More Ukraine Accession Clusters After Hungary Drops Veto, Four of Six Now Open

The EU formally opened the internal market and competitiveness clusters in Ukraine's accession talks on Oct. 13 after Hungary dropped its objection once Kyiv passed a minority-language schooling law. Four of six clusters are now open, but every step still needs unanimity, and Prime Minister Péter Magyar says Ukraine is not ready for membership.

U.S. Officials Say Trump Told Netanyahu to 'Get Ready' on Iran Strikes. White House Denies the Leaders Discussed It

Four sources told Axios that Netanyahu and Trump discussed a major new operation against Iran before the Oct. 27 Israeli election and the U.S. midterms. A White House official denies the two talked about resuming the war. Trump separately posted today, Oct. 13, that he will 'never forget' Houthi attacks on Saudi Arabia and will act after the elections.

Trump Says China and Russia Aren't Helping Iran 'At All.' Hegseth and the State Department Have Said Otherwise

Trump posted late Monday, Oct. 12, that he does not believe China and Russia are helping Iran "at all," and that the U.S. "would know about it, and know about it very fast." Defense Secretary Pete Hegseth has told lawmakers the two countries are "enabling" Tehran, and the State Department sanctioned Chinese firms in May over support to Iran. The gap matters in a war now in its eighth month, with U.S. troops already killed in a strike U.S. officials linked to Chinese-sourced imagery.

Supreme Court Takes Up Whether Cooking for a Nigerian Militant Group Counts as 'Material Support' for Terrorism

The Supreme Court agreed Tuesday, Oct. 13, to hear the Trump administration's appeal in the case of Izuchukwu Ozurumba, a Nigerian man who says he was held captive and forced to cook for the Unknown Gunmen. The justices will decide how far the federal terrorism bar on asylum reaches. Arguments are expected next year, with a ruling due by summer.

Six Ships Hit Near Hormuz on Oct. 11, a War High, as Kpler Puts Oil Flow 43% Below Pre-War

Iran-linked attacks on Gulf shipping have struck about two dozen vessels in two weeks, including six on Sunday, Oct. 11, the most in a single day since the war began Feb. 28. Kpler says the seven-day average flow through Hormuz is now 43% below pre-war levels, a sharp reversal from September's near-recovery, and Brent is holding above $100.

Visa, Mastercard, Stripe and Coinbase Launch Open USD Stablecoin With $1 Billion in Committed Liquidity

Open USD (OUSD) went live Sept. 30 on Ethereum, Solana, Base and Tempo, backed by five payments and crypto heavyweights. It enters a $300 billion-plus market that Tether and Circle dominate, and it is betting on equity and rewards for partners instead of an issuer that keeps the yield. Whether that model pulls real supply away from the incumbents is the open question.

FDA Received Reports of 2 Deaths Tied to Bootleg Retatrutide. Cause Unverified

The FDA received reports in July and September that two women, ages 41 and 49, died after using products sold as retatrutide, Eli Lilly's unapproved experimental weight-loss drug. Nothing has been verified, and no one has shown the drug caused either death. The question now is whether the FDA will track down and test the actual product.

State Department Says Saudi Arabia Has Detained Americans for Photographing Houthi Attacks as Drones Target Riyadh Again

Since the Houthi missile strike on Riyadh's King Khalid airport on Saturday, the State Department has warned that Saudi authorities have detained U.S. citizens for photographing attack sites, and the death toll has risen to at least 14. Saudi Arabia is investigating how its air defenses failed, regional officials say it is running low on interceptors, and President Trump has not decided whether the U.S. will join strikes on the Houthis.

EU Council ends Hungary conditionality mechanism, releasing €4.2bn in frozen funds

EU ministers meeting in Luxembourg on Oct. 13 ended the 2022 rule-of-law funding freeze on Hungary, releasing €4.2 billion and restoring Erasmus+ and Horizon Europe access. Roughly €13.5 billion more remains tied to separate decisions, including €10 billion in recovery money the Commission is still assessing.

Congo Ebola Cases Pass 9,000, With 4,381 Deaths and 65 Health Zones Affected

Congo's health ministry reported 9,066 confirmed Ebola cases and 4,381 deaths in data released Tuesday, Oct. 13. A large share of deaths are occurring outside treatment centers, and the ministry says community transmission remains a concern. Doctors Without Borders says the outbreak cannot be contained while new clusters keep appearing in North Kivu.

North Korea Fires Missiles for Fourth Time in a Month as Trump Says He May Meet Kim on Asia Trip

North Korea fired multiple ballistic missiles Oct. 12, a day after Kim Jong Un opened a museum showing an ICBM he says can hit the U.S. Trump said the same day he may meet Kim on his Asia trip next month. Pyongyang still demands Washington drop its denuclearization requirement before any talks.

Gulf Oil Exports Near Pre-War Levels as Hormuz Flows Reach 80% and Bypass Routes Expand

More than seven months into the U.S.-Israeli war on Iran, Gulf crude is moving again, and a growing share of it avoids the Strait of Hormuz altogether. Kpler data show Hormuz flows at about 80% of prewar levels, while oil prices and demand forecasts show the war's cost is still being paid. Trump has pointed to a possible deal with Tehran after the November midterms.

White House Asks Kimberly Guilfoyle to Resign as Greece Ambassador. She Denies Allegations Reported by the WSJ

Press secretary Katie Zacharia announced at her first briefing, Tuesday, Oct. 13, that the White House asked Ambassador Kimberly Guilfoyle to resign. Guilfoyle calls the allegations false and says she will fight them. No charges have been filed, and the State Department inspector general's role remains unclear.

Anthropic Says China's GLM-5.2 Was the Only Open-Weight Model to Complete Full Self-Replication in Its Tests

Anthropic's Frontier Red Team says one Chinese open-weight model, Z.ai's GLM-5.2, ran the full replication cycle on its own in a simplified test. The company calls the result an upper bound, not a live threat, and predicts smaller models will match it by the end of this year.

Dalio Says Treasury Selloff Has 'Long Way to Go' as Fed's Waller Reads Higher Yields as Stronger Growth

Days after the IMF flagged a disorderly yield spike as its main downside scenario, Ray Dalio warned the Treasury selloff is far from over, while Fed Governor Christopher Waller said higher yields mostly reflect growth, not inflation. The 10-year yield sits near 5.2%, close to a 24-year high, and the two camps are reading the same number in opposite ways.

Saudi-Led Coalition Orders Sanaa Oil Site Evacuated; Houthis Say It Was Hit and Threaten Riyadh

The Saudi-led coalition told civilians to leave the Yemen Petroleum Co.'s Al-Sabaha station in Houthi-held Sanaa on Tuesday, Oct. 13, and the Houthis say the site was struck. The coalition has not confirmed a strike. The Houthis have named Riyadh's airport, a refinery and an Aramco facility in Dammam as targets if Sanaa is hit, days after an attack at Riyadh's airport killed 13.

Paul Tudor Jones Says He'll Be Short All of 2027, Citing Record Stock Issuance and Deficit Risk

Hedge fund manager Paul Tudor Jones told CNBC on Tuesday, Oct. 13, that 2027 will be "really, really challenging" for U.S. stocks. He cited the most negative flow picture since 2002, a deficit he thinks the bond market will eventually force Washington to address, and a possible $20 to $25 oil rally after the midterms. Goldman Sachs says U.S. companies have raised $431 billion in 2026 and projects the full-year total could reach $675 billion, a record.

Republicans and Democrats Both Criticize Trump's Russian Diesel Deal as Moscow Eases Its Export Ban

Since Trump announced a diesel deal with Putin on Oct. 9, members of both parties have criticized it as fuel for Russia's war and a possible violation of U.S. law, and retired Gen. Philip Breedlove says Moscow will use the revenue to keep attacking Ukraine. Russia has partially lifted its diesel export ban, but the shipment figures attached to the deal do not match. Moscow has not confirmed the 'energy ceasefire' Trump announced Oct. 11.