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Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Stocks slide as oil prices rise again ahead of midterms Stocks tumbled on Friday, as oil prices rose again amid the ongoing U.S.-Iran and Russia-Ukraine conflicts. © Yuki Iwamura, The Associated Press At closing, the...

To understand Trump’s approach to Ukraine, Iran, and China, look to Richard Nixon. The president’s instinct for superpower dealmaking reflects a hard-nosed realism, backed by the American economy. Each episode of the satirical 1970s show Soap always began with a convoluted plot summary. The catchphrase in the intro was: “Confused? You won’t be.” Confused is how many people today feel about U.S. foreign policy. A Free Press editor recently put it this way: If China, Russia, North Korea, and Iran are an Axis of Aggressors and we’re at war with them, why is it so hard to identify enemies and allies? Democrats who just voted to pass almost $2 billion in aid to Ukraine (with an assist from a small group of Republicans) are simultaneously promoting candidates who want to end support for the Iron Dome for Israel, which is at war with Iran and its satellites, who are attacking an assortment of our partial allies and getting help from Russia and China. [Vice President] J.D. Vance talked about the moderates in Iran who want peace during his ill-fated ceasefire; Turkey works with the Axis but is part of NATO; France, Belgium, Spain, and the Netherlands import Russian gas; Hungary uses a Russian pipeline, etc. How can we be in “Cold War II” if those are our allies? Whose false narrative are we living in? Having coined the phrase Cold War II and encouraged the use of the term Axis, I get so much of this kind of thing these days that I feel like a geopolitical agony aunt. “Why is Musk fucking with Ukraine?” a friend messaged me on Wednesday, referring to reports that Elon Musk green-lit a slowdown in the military-grade Starlink coverage that Ukraine relies on for certain types of drones. “Why would Putin negotiate when he’s getting concessions without it? How does increasing his leverage help?” These questions were further fueled by the revelation at the beginning of the week that the Russian president had proposed a joint summit next month with Donald Trump and Xi Jinping to discuss Ukraine—without Ukrainian president Volodymyr Zelensky present. Trump reportedly did not reject the idea. Confused? You will be. So how to make sense of the apparent contradictions of Cold War II? For some people, the only possible explanation for all of this is that President Donald Trump is simply a crazed man-child emperor. In the wake of the gladiatorial games staged outside the White House in June, the British writer Robert Harris (whose new book Agrippa depicts the rise of Augustus Caesar) remarked: “You can really see him in a toga with a gold laurel wreath on his head. . . . He is an imperial kind of president.”

President Donald Trump and UK Prime Minister Andy Burnham are scheduled to speak Friday as tensions build between the two governments over Russia’s war in Ukraine and the possibility of renewed US escalation against Iran.

Ukrainians are desperate for more defense systems to repel Russia's relentless onslaught of drones and ballistic missiles. For the missiles, no system is more valuable than the U.S. Patriot interceptor. But years of use in Ukraine and by the U.S. and allies in the war with Iran have depleted thin stocks. Special correspondent Mike Cerre has an exclusive look at the Patriot manufacturing process.

The answer, delivered during a debate with Democratic challenger Adam Hamilton, aligned Marshall with President Donald Trump's freshly antagonistic posture toward Ukraine, which has spent more than four years defending itself against an invasion.

U.S. and Israeli Militaries Draft Plans to Resume Strikes on Iran After Midterm Elections, Saudi Arabia Says Four People Are Killed as Houthis Attack Oil Field, King Fahd Airport, Russia Kills More Civilians in Ukraine as U.S. Envoy Witkoff Praises Putin as a “Humanitarian”, Nigeria Reports First Case of Ebola in Over a Decade, U.N. Says World Has Lost Chance to Limit Global Heating, U.K. Approves Plans to Extract Natural Gas from North Sea Deposit, Chemical Tank Leak in Ohio Forces Evacuations, Ohio GOP Gubernatorial Candidate Commissions Ugly Attack Ad Featuring Opponent’s Estranged Mother, Trump Travels to South Carolina to Boost GOP Senator Darline Graham, Supreme Court Bars Trump Administration from Denying Gender-Affirming Care to Prisoners, Majority of Websites on Internet Left Vulnerable After Critical Security Flaws Are Discovered, Meta Ordered to Pay $25 Billion Fine, Police Violently Restrain Three People During Utah Data Center Protest

On Tuesday’s broadcast of MS NOW’s “11th Hour,” Rep. Brendan Boyle (D-PA) said that the United States’ approach to the Russia-Ukraine war is moving “away from the historic role as leader of the free world,” and that cutting off funding The post Dem Rep. Boyle: We’re Not Being Leader of Free World with Russia, First Priority for Dem Congress Will Be Defunding Iran War appeared first on Breitbart .