Wall Street Journal, October 23,

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As frustration grows in Washington over the conflict in Ukraine, U.S. president Donald Trump announced new substantial sanctions against Russia's largest oil companies, Lukoil, and Rosneft. He also targeted nearly 30 of their subsidiaries.

U.S. officials have confirmed that the Trump administration has lifted an important restriction on Ukraine using some long-range rockets provided by Western Allies. This will allow Kyiv's to increase attacks on targets in Russia and increase pressure against the Kremlin.

The U.S. Commerce Department is in negotiations with several quantum computing companies to exchange equity stakes for federal funding. This shows that the Trump Administration is increasing its intervention in areas it considers critical to the economy.

Woodside Energy has indicated that the major investment made by U.S. based Williams Cos. into Louisiana LNG will not be its final sale of equity for the $17.5 billion project. It is looking to reduce its capital commitments, and add additional skills.

Mark Carney, the Canadian Prime Minister, said that the budget plan for the Canadian government, which will be released early next month, would take "bold risks" to rekindle the growth of an economy suffering under the pressure of President Trump's Tariffs.

(source: Reuters)