Source: Libertarian Institute
by Joseph Solis-Mullen
“[E]ven as Washington seeks to navigate its fraught but improving relationship with Beijing, these meetings represent a strengthening of its network of partnerships intended to counter Chinese influence. While the Quad and Squad are two distinct components of that effort, there is little doubt that Washington’s expanding regional security commitments will do nothing to make Americans safer and will rather serve only to draw them further into a potentially catastrophic great-power confrontation.” (10/29/26)
“Designed to dwarf even the Marshall Plan, the American program to rebuild Europe after World War II, China’s Belt and Road Initiative (BRI) was first unveiled by President Xi Jinping in a 2013 speech at Nazarbayev University in Kazakhstan. Beijing later pledged to invest US$1 trillion, and by some estimates as much as $8 trillion, in roads, railways, bridges, ports and other infrastructure projects around the world, with an emphasis on sparking economic development in the underfinanced Global South. Originally called One Belt, One Road, the BRI was meant to usher in what Xi described in his speech as a more just world order. But on many counts, the program has not measured up to its original, world-changing ambition.” (10/29/26)
“Delivery giant DoorDash is buying to-your-door grocery service Instacart for $17 billion, the company announced Thursday. The deal means users will be able to order groceries and items from other retailers via DoorDash and its delivery network. The companies said Instacart customers can now shop at more than 50,000 additional stores on top of the nearly 100,000 stores on the Instacart platform today. DashPass and Instacart+ members will now also pay one membership fee instead of two. DoorDash is expected to keep the Instacart brand and its technology. Until the transaction closes, DoorDash and Instacart will continue to operate as separate and independent companies.” (10/29/26)
“North Korea fired ‘around a dozen’ short-range ballistic missiles off its east coast on Thursday, Seoul’s defence ministry said, less than a week after South Korea proposed talks over a growing border row. The launches follow a slew of recent weapons tests by Pyongyang, including a new precision-guided torpedo system and an intermediate-range hypersonic missile, both of which were said to employ AI technology. … Thursday’s missile flurry comes against the backdrop of growing tensions over a landmine explosion along the heavily fortified border between the two Koreas that saw three South Korean soldiers wounded.” (10/29/26)
“Friedman challenged the idea that governments could spend their way to prosperity. Fifty years after receiving the Nobel Prize, his most enduring lessons remain crucial — and largely ignored.” (10/29/26)
