Today's Intel

Oct. 18, 2017

BLOOMBERG

Congressional Republicans have found a way to use the federal budget to open the Arctic National Wildlife Refuge to oil drilling -- and they don't plan on stopping there. GOP leaders in the House and Senate are exploring ways to also expand drilling in the Arctic and Atlantic Oceans through congressional budget rules that allow them to pass major policy changes on a simple majority vote.

President Xi Jinping laid out a sweeping vision to transform China into a strong global power while guaranteeing Communist Party rule for decades. Investors are skeptical it will lead to any major economic reforms.

Nikki Haley will seek to focus world attention on Iran's actions in the Middle East in an early test of whether President Donald Trump's toughening position on the Islamic Republic is alienating allies and leaving the U.S. isolated internationally.

North Korea's deputy U.N. ambassador said Tuesday the country plans to launch many more satellites and accused the United States of trying to block its efforts to help peacefully develop outer space.

Wall Street is entering a new era. The fraternity of bond jockeys, derivatives mavens and stock pickers who've long personified the industry are giving way to algorithms, and soon, artificial intelligence. Banks and investment funds have been tinkering for years, prompting anxiety for employees. Now, firms are rolling out machine-learning software to suggest bets, set prices and craft hedges.

A larger-than-forecast decline in U.S. new- home construction reflected the weakest pace of building in the South since October 2015, showing the fallout from hurricanes Harvey and Irma, according to government figures Wednesday. Residential starts dropped 4.7% m/m to a 1.13m annualized rate the slowest in a year.

The world's first floating offshore wind farm started delivering electricity to the grid in the north of Scotland.

AP Top Stories

The Mandalay Bay Resort and Casino security guard hailed for being the first to confront Las Vegas shooter Stephen Paddock gave his first public account of the attack in an interview with "The Ellen DeGeneres Show."

Michael Williams, a state senator in Georgia, who is running for governor is asserting his stance on gun rights by giving away a bump stock "to one lucky winner" in the aftermath of the Las Vegas mass shooting.

The self-described Islamic State finally lost its tenuous grip on the Syrian city of Raqqa on Tuesday as U.S.-backed forces retook the extremist group's last major urban territory following a four-month military campaign.

The Trump administration must turn over all emails and memos used to make its decision to phase out Deferred Action for Childhood Arrivals, the 2012 program created to protect undocumented youths from deportation, a federal judge ruled Tuesday.

Chinese President Xi Jinping delivered a stern warning to Taiwan Wednesday, saying that Beijing has the will and power to thwart any attempts at independence.

Scientists for the first time have detected both gravitational waves and light from the collision of two dead, incredibly dense neutron stars. The neutron star collision also formed a number of other heavy elements like gold, platinum and lead, confirming decades of speculation regarding their origin.

Israel's government decided Tuesday not to negotiate with a Palestinian unity government that includes Hamas if the Islamist movement does not disarm, recognise the country and give up violence.

On October 13, USS Michigan (SSGN 727)-an Ohio-class guided-missile submarine-pulled into a South Korean naval base in the port city of Busan. While the U.S. Pacific Command states that Michigan's visit to the Republic of Korea (ROK) was long planned, the message to North Korea is clear-the United States will stand by Seoul if Pyongyang makes any aggressive moves.

BBC

Sidewalk Labs, owned by Google's parent company, Alphabet, is to build a digital city in Toronto. It aims to turn a waterfront area into a working laboratory for a range of "smart" technology.

US President Donald Trump's latest attempt to bar citizens of eight countries from entering the US has suffered a second federal court defeat. Judges in Hawaii and Maryland issued separate temporary restraining orders on the open-ended travel ban. Both judges cited Mr Trump's campaign description of it as a "Muslim ban".

The UN's refugee agency has urged Australia to avert a "humanitarian emergency" over the closure of its detention center in Papua New Guinea. Australia holds refugees and asylum seekers arriving by boat on PNG's Manus Island and the Pacific nation of Nauru.

French scientists say they may have found a potential cause of dyslexia which could be treatable, hidden in tiny cells in the human eye.

WND

Michigan Abortionist Michael Arthur Roth, who was caught by police with 14 containers of aborted baby remains in his car, has entered a plea of "No Contest" to three felony counts of Larceny in a Building.

The head of an association of Olympic athletes wants to require anyone who participates in the Summer or Winter Games to be implanted with a tracking chip to prevent the use of performance-enhancing drugs.

Students call it the "ISIS Game." And now a Lakeshore High School freshman is recovering after being cut with a knife - on school grounds - while pretending to be beheaded. It happened last Wednesday afternoon.

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