China's Shanghai Composite Index opened up 25.8 points, or 0.67%, at 3,865.55 on Monday, October 20. China's Shenzhen Component Index opened up 188.76 points, or 1.49%, at 12,877.7 on Monday, October 20. China's CSI 300 Index opened up 44.01 points,

1. Trump and Zelenskyy renew "White House spat," accused of "swearing the entire time." --British media report that in a contentious White House meeting last Friday, Trump urged Zelenskyy to accept Russia's conditions for ending the conflict and warned that Putin had threatened to "destroy" Ukraine if it didn't. The meeting reportedly devolved into "loud arguments" at several points, with Trump "swearing the entire time." 2. Pressure on Israel: Ceasefire Agreement Remains Effective --Trump stated that the ceasefire agreement in Gaza "remains in effect" following US pressure on Israel. Fighting resumed in Gaza on the 19th local time. Gaza Civil Defense reported that the attack killed at least 45 people. 3. No Ground Troops Will Be Deployed to Gaza - Trump stated that Hamas would be disarmed if necessary, whether by the US or its proxies. The US will not deploy ground troops. There is no hard "timeline" for Hamas' disarmament. 4. Renewed Tariff Threat against India – US President Trump stated that if India does not restrict purchases of Russian oil, it will continue to pay "substantial" tariffs. Indian Prime Minister Narendra Modi once told me that he would not participate in Russian oil transactions. 5. Accusing Colombia's President of a "Drug Kingpin" and Increasing Pressure - Trump called Colombian President Petro Petro an "illegal drug kingpin." The US will halt large-scale payments and subsidies to Colombia; tariff rates for Colombia will be announced tomorrow. This follows a US attack on a Colombian drug-trafficking vessel that killed three people. 6. Will Meet with Australian Prime Minister - Australian Prime Minister Anthony Albanese will hold his first summit with US President Donald Trump at the White House on Monday, with the goal of promoting increased US investment in Australia's critical mining sector. Albanese's office stated that he will also discuss nuclear submarines, trade, and stability in the Indo-Pacific region with his security allies. 7. Response to Russia's Proposal for a "Putin-Trump" Tunnel: Interesting – Russian President Vladimir Putin's investment envoy, Dmitriev, has proposed that Russia and the United States build a "Putin-Trump" railway tunnel across the Bering Strait to connect the two countries, jointly develop natural resources, and "symbolize unity." When asked by reporters about the idea, Trump called it "interesting." 8. Expanding Student Loan Forgiveness – The Trump administration has agreed to cancel student debt under a program it had previously partially halted, reopening the path to student loan forgiveness for millions of borrowers.

Brazilian economists: The inflation rate is predicted to be 4.70% in 2025, compared with the previous forecast of 4.72%; the inflation rate is predicted to be 4.27% in 2026, compared with the previous forecast of 4.28%.