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Happy Halloween! We hope you have a wonderful time with family and friends, eating too much chocolate, watching something scary, and quietly judging your neighbors’ decorating, for either not trying at all or trying way too hard.
Quick Hits: Today’s Top Stories
- President Donald Trump and Chinese leader Xi Jinping met in South Korea on Thursday, where the two leaders agreed to a broad one-year trade deal. China agreed to crack down on fentanyl, restart buying American energy and soybeans, and delay its export controls (notably of rare earth minerals) for one year. In return, the White House committed to reducing the fentanyl-related tariff on China from 20 to 10 percent—bringing the average import levy on Chinese goods to 45 percent. Both sides also agreed to end docking fees for vessels stopping at one another’s ports. Trump said he discussed semiconductors with Xi, adding that Nvidia would consider exporting Blackwell AI processors to Beijing. Trump told reporters that he plans to visit China for another meeting with Xi in April, and, on a later date yet to be determined, China’s leader would visit the United States.
- The Dutch center-left party, D66, and its rival, the right-wing Party for Freedom, tied in Netherlands’ parliamentary elections on Wednesday. With 99 percent of the official vote in, each party is projected to win 26 seats: a 17-seat gain for D66 since the country’s last parliamentary election in 2023, and an 11-seat loss for the Party of Freedom. D66 leader Rob Jetten said on Thursday that he was “very confident” in his party’s chances of forming a majority coalition in the new government, and is expected to become the country’s next (and youngest) prime minister.
- Hamas returned the bodies of two slain hostages to Israel on Thursday: Amiram Cooper, 84, and Sahar Baruch, 25. Hamas attackers kidnapped both men from their kibbutzim on October 7, 2023, and brought them into Gaza, where they were killed in terrorist captivity. There are still 11 deceased hostages who have yet to be returned. Meanwhile, protests in Jerusalem on Thursday—where 200,000 ultra-Orthodox Israelis took to the streets to oppose the crackdown on ultra-Orthodox draft dodgers—ended after a 20-year-old fell from an unfinished building and died. Also on Thursday, an unnamed U.S. official told the Times of Israel that Egyptian and Qatari mediators informed Hamas that their forces had to leave Israeli-controlled eastern Gaza by Tuesday night, or risk being fired upon by the IDF.
- Overnight Thursday, Russian Shahed drones hit Ukrainian rail infrastructure in the Sumy and Kharkiv regions, along with a residential high-rise, injuring at least 15 people. Earlier that day, Ukraine’s top military leader, Gen. Oleksandr Syrskyi, said that Russia was intensifying its attacks on the eastern Ukrainian city of Pokrovsk, the last remaining Ukrainian stronghold in the Donbas region. The night before, Russia unleashed 653 drones and more than 50 missiles across several Ukrainian cities, killing seven civilians, including one child, according to Ukrainian President Volodymyr Zelensky. “Russia continues its terrorist war against life itself,” he tweeted, “and it’s crucial that every such vile attack on civilians boomerangs back on Russia with concrete consequences—sanctions and real pressure.”
- The Trump administration is decreasing the maximum number of refugees admitted annually into the U.S. from 125,000 people to 7,500, according to a notice published in the Federal Register on Thursday. While the notice did not explain the change, it stated that a refugee application would only be accepted if “justified by humanitarian concerns or is otherwise in the national interest.” Afrikaners, a white minority group from South Africa whose refugee status was not recognized by the U.S. government until earlier this year, will have priority status in the applicant pool for the 7,500 spots.
Learning to Love the Bomb
“At the end of the Cold War, global powers reached the consensus that the world would be better off without nuclear weapons,” reads the opening title crawl in Oscar-winning director Kathryn Bigelow’s A House of Dynamite—about what would happen in the minutes leading up to a nuclear strike on the U.S.—which released on Netflix last week. “That era is now over.”
Bigelow isn’t wrong. While the total number of nuclear warheads among the nine nations known to possess such weapons is declining, the rate of reduction has slowed in recent years, and the number of warheads assigned to active military units is increasing. Currently, Russia has 4,309 nuclear warheads, while the U.S. possesses 3,700.
More ominously, the number of nations engaging in nuclear saber-rattling has also increased. North Korea tested new cruise missiles on Wednesday. The same day, Russia announced the successful tests of nuclear-powered missiles and torpedoes. That evening, President Donald Trump took to Truth Social: “Because of other countries [sic] testing programs, I have instructed the Department of War to start testing our Nuclear Weapons on an equal basis. That process will begin immediately.” It’s unclear whether Trump means testing warheads or their delivery systems, like missiles, and the last U.S. nuclear test was in 1992.
How worried should we be? How real are the risks of annihilation outlined in Bigelow’s film?
In A House of Dynamite, the U.S. president, played by Idris Elba (with a dubious American accent), has 18 minutes to decide how to respond to a single ballistic missile, launched toward the U.S. by an unknown adversary in the Pacific. Two missile interceptors fail to bring it down, and impact in Chicago, with 10 million potential casualties, is imminent.
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Vipin Narang, the director of MIT’s Center for Nuclear Security Policy and former acting assistant secretary of defense for space policy, a portfolio that includes the U.S.’s strategic nuclear forces, told TMD that the constrained timeframe was perhaps the movie’s biggest factual flaw. “There would be no time pressure response in this scenario.” The U.S. would have more advance warning than is depicted here, and policy makers would not face imminent destruction, so could take time to determine who launched the missile and what their intentions were.
“The big takeaway people are going to have from this movie is that in the nuclear world, everything is on a hair trigger, and we’re going to just have minutes to make a decision about world-ending events.” Narang said. “And that’s just not true.”
The most controversial aspect of the movie revolves around the performance of ground-based interceptors (GBIs) launched from a base in Alaska, which twice fail to intercept the incoming intercontinental ballistic missiles (ICBMs). One character refers to the difficulty of bringing down an ICBM, which travels at up to 15,000 miles an hour, as “hitting a bullet with a bullet.”
The U.S. currently deploys 44 GBIs, 40 in Alaska and four in California, which have cost $63 billion as of 2024, with a current budget request of $2.5 billion for 2025. In A House of Dynamite, after a character informs the secretary of defense that the probability of a successful interception is 61 percent, he exclaims, “So it’s a f—ing coin toss? That’s what $50 billion gets us?”
The Pentagon disagrees. An internal memo circulated earlier this month stated real-world capabilities “tell a vastly different story,” with recent tests having a nearly 100 percent success rate. But many experts noted that GBI test data comes from controlled experiments, rather than actual usage. While Narang called the 61 percent claim “probably right,” he noted that the U.S. would launch at least four interceptors (each with a 61 percent chance of hitting), rather than two, especially in the event of a single incoming ICBM.
An isolated, surprise nuclear attack on the U.S., then, is perhaps the least likely way that the first non-test atomic detonation since 1945 would occur. What’s more likely is the use of a smaller warhead. Caitlin Talmadge, a professor at MIT, pointed to the possibility of using a tactical nuclear weapon—a smaller-yield device designed for battlefield use (think blowing up an armored division rather than a city).
Russia seriously considered using such a device in October 2022. With the Ukrainian military pushing back Russian forces, Vladimir Putin and other officials began publicly claiming—without evidence—that Ukraine was planning to use a “dirty bomb,” essentially a conventional bomb loaded with radioactive material and intended to spread fallout, in an apparent pretext for the planned use of tactical nuclear weapons. President Joe Biden said that Putin was “not joking ... about the potential use of tactical nuclear weapons,” and U.S. officials planned for the possibility of a Russian strike.
Russia has also moved to upgrade its infrastructure for tactical nuclear weapons in recent years, building airbases that give it the capability to launch strikes from Belarus, and on Sunday, Putin announced the successful test of the Burevestnik missile. It’s a cruise missile, powered by a nuclear engine, that would have a longer range than ICBMs and could theoretically reach any target on Earth. On Wednesday, Russia claimed that Poseidon, a nuclear-powered underwater drone that can carry a nuclear warhead, also had a successful test.
Pavel Podvig, a senior researcher at the U.N. Institute for Disarmament Research, told TMD that those tests, coupled with a probable briefing on China’s nuclear capabilities, likely prompted Trump’s post about atomic tests. “I can imagine that he felt like he needed to have some kind of strong statement and do something,” Podvig said, while noting that an actual resumption of nuclear tests would be extremely unlikely. On Thursday night, Kremlin spokesman Dmitry Peskov said that Russia had not tested nuclear weapons, but would do so if the U.S. did.
Amid Russian provocations, some on the left are calling for a renewed focus on reducing the number of nuclear weapons. Sen. Ed Markey, a Democrat from Massachusetts, wrote in a Monday op-ed that A House of Dynamite showed that the“only nuclear defense worth believing in is disarmament,” calling for a renewed commitment to the New START treaty, the last remaining arms-control agreement between the U.S. and Russia, which expires in 2026.
But reducing warhead numbers, as President Ronald Reagan and Soviet leader Mikhail Gorbachev so famously did in the 1980s, may not be the most important goal.
“I would argue that the decreases in the arsenals were a follow-on effect of the sea change in political relations between the U.S. and the Soviet Union,” Talmadge told TMD. While total stockpiles never dropped below Armageddon levels, reducing their number demonstrated that both leaders sought to avoid their use. It also saved both countries billions of dollars.
Commitments to regular diplomatic meetings, or systems like the “hotline” between the White House and the Kremlin (really a computer screen), are far more effective at actually reducing nuclear risk, Talmadge argued. No such hotline currently exists between the U.S. and China.
Developing personal relationships can also be important. Jon Wolfsthal, the director of global risk at the Federation of American Scientists and former senior director of arms control and nonproliferation at the National Security Council, told TMD, “Deterrence requires you to understand what your adversaries care about and how to influence their thinking.”
One of the fiercest debates among nuclear strategists regarding deterrence is the relative importance of preventive military measures: tracking submarines, monitoring the locations of missile silos and mobile launchers, and attempting to infiltrate security systems. Figures like Narang argue that the U.S. can credibly threaten to take out enough of an adversary’s launch capabilities to deter an attack, or at least mitigate enough of the damage that the U.S. is still standing at the end of a nuclear exchange. “That has been our strategy for decades, and we’re pretty good at it, and we don’t need nuclear weapons to do a lot of it,” he said.
Other policymakers disagree, saying that destroying enough missiles in advance of an exchange is too daunting a task. “We can accept mutual vulnerability, or we get an arms race,” Wolfsthal said. In this view, threatening the safety of adversaries’ nuclear forces makes them more inclined to engage in risky behavior, convinced that time is not on their side.
Artificial intelligence amplifies this double-edged dynamic. Sam Winter-Levy, a fellow at the Carnegie Endowment for International Peace, told TMD that AI could potentially make tracking other states’ nuclear weapons easier by analyzing massive amounts of data and upgrading cyber-warfare capabilities. If China and Russia “feel more insecure about their ability to threaten mutually assured destruction,” he said, they might be convinced that time is not on their side, and that they need to take aggressive action.
But then there’s the challenge of preventing non-nuclear countries from developing the bomb. Placing other countries under the U.S.’s nuclear umbrella, Talmadge argued, has stopped states like South Korea and Japan from developing their own nuclear weapons programs. Modernizing U.S. nuclear weapons—such as developing new sea-launched missiles—might be the best way to prevent a multi-nation arms race. “The United States wants to have some other rungs on the escalation ladder besides launching strategic nuclear missiles from the continental United States,” she said.
Wolfsthal argued that assuring U.S. allies of our commitment is primarily a problem of diplomacy. “You can’t solve a credibility problem with a capabilities solution,” he argued, pointing to the Trump administration’s well-known desire to avoid shouldering Europeans’ security burden.
But Bigelow’s film isn’t concerned with restoring U.S. credibility or probing the fine points of how B-2 bombers operate. “It’s grappling with the idea that we’re surrounded by 12,000 [nuclear] weapons,” the filmmaker said Tuesday. “We live in a really combustible environment, hence the title.”
Or, as President Barack Obama once put it at the beginning of a National Security Council meeting on nuclear policy, “Let’s stipulate that this is all insane.”
Today’s Must-Read
Why does America seem so much less haunted than old Europe? The answer lies in our restlessness—ghosts need time to settle, and for most of our history, Americans have been constantly moving, tearing down, rebuilding. But something is changing—in dying factory towns, abandoned churches, and forgotten battlefields across the country, spirits are finally finding purchase in places that time has left behind. Drawing on Washington Irving’s insight that “there is no encouragement for ghosts” where people won’t stay put, Lamp Magazine editor Nic Rowan explores how America’s most economically stagnant regions have paradoxically become its most supernaturally alive—and what that says about a young country finally showing its age.
Toeing the Company Line
The Strangest War
Trying to understand a U.S. conflict with Venezuela.
The World Turns to Energy Pragmatism
The U.S. isn’t the only country abandoning impossible climate policies.
No Less Honor in Laying Brick
What we lose when we default to the conventional career track.
‘I Want to Change Politics’
Why Detroit Mayor Mike Duggan is making an independent run for the governor’s mansion.
Disarray at the Pentagon
The Defense Department turns inward, prompting high-level resignations and leaving officials around the world in the dark.
In Other News
Today in America:
- On Truth Social, Trump urged Republicans to kill the Senate filibuster to pass a government funding bill.
- The Senate voted 51-47 on Thursday to repeal Trump’s “reciprocal” tariffs on nearly all of the world’s countries, with four Republican senators joining Democrats to oppose the duties. The House is unlikely to consider the tariff resolution.
- An investigation by The Guardian found that Immigration and Customs Enforcement officials have kept detainees in small holding rooms for up to weeks at a time, in violation of agency protocol.
- A federal judge indicated Thursday that she would likely order the Trump administration to distribute Supplemental Nutrition Assistance Program (SNAP) benefits on November 1 through the program’s contingency funds.
- The Justice Department is investigating the Black Lives Matter nonprofit organization for potential fraud and misuse of tens of millions of dollars in donor funds.
Around the World:
- Hurricane Melissa, now a Category 2 storm, is projected to hit Bermuda on Friday, with the death count from its destruction in Jamaica and Haiti rising to at least 40 on Thursday.
- The Washington Post reported that a classified report from the State Department’s Office of Inspector General found that Israeli forces committed “many hundreds” of potential violations of U.S. human rights law.
- Argentina voted with the U.S. and five other countries to oppose a U.N. resolution calling for an immediate end to the U.S. trade embargo on Cuba, reversing its longtime stance on the issue.
On the Money:
- Treasury Secretary Scott Bessent said that China has agreed to transfer the video-based platform, TikTok, to U.S. control, adding that terms would be settled in the “coming weeks and months.”
- The Volkswagen Group announced a $1.5 billion loss in the third quarter of 2025, attributing the financial setback to Trump’s increased tariffs and a strategic shift away from electric vehicle production at its subsidiary, Porsche.
- Reuters reported that Netflix is “actively exploring” a bid for the film studio and streaming operations currently owned by Warner Bros. Discovery.
Worth Your Time:
- Diana Spechler visits the “Halloween capital of Texas.” (Texas Monthly)
- Ashley Parker profiles former Chicago Mayor Rahm Emanuel ahead of a prospective presidential run. (The Atlantic)
- John Ganz writes on the right’s antisemitic wing. (Unpopular Front)
- Alex Chalmers contemplates whether the success of airplane maker, Airbus, can teach the U.S. a lesson in planning industrial policy. (Works in Progress)
- Out today: Bugonia in cinemas, The Outer Worlds 2 on Steam and consoles, and new music from Florence + the Machine and The Charlatans, everywhere good music is found.
Presented Without Comment
DW: Latvia Votes To Exit Treaty Opposing Violence Against Women
Also Presented Without Comment
New York Post: Kim Kardashian Endorses Conspiracy Theory About 1969 Moon Landing: ‘I Think It Was Fake’
Also Also Presented Without Comment
Ars Technica: Meta Denies Torrenting Porn To Train AI, Says Downloads Were for ‘Personal Use’
Let Us Know
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Correction, October 31, 2025: This newsletter has been updated to clarify that Saudi Arabia is not under the U.S. nuclear umbrella, and Poland has not been close to getting nuclear weapons.
Correction, November 3, 2025: This newsletter has been updated to remove a line which overstated the destructive potential of current nuclear stockpiles.













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