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The 10-Point: My Guide to the Day's Top News

The Wall Street Journal
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On the heels of recently released FBI documents on Hillary Clinton’s use of a private email account at the State Department, thousands of pages of Mrs. Clinton’s official records are set to be released in the coming weeks. The coming disclosures are likely to provide fodder for Donald Trump and test Mrs. Clinton as she looks to maintain her slight advantage in the final two months of the campaign. Dozens of lawsuits, mostly brought by conservative groups and Republican operatives against the State Department, are being heard in federal courts. Many of the documents still to come are expected to involve correspondence between Mrs. Clinton, her aides and employees at her family’s charitable foundation. Meanwhile, calendar records obtained in a lawsuit show Mrs. Clinton meeting with foundation donors in 2011. Her candidacy is a study in paradoxes, writes our Washington bureau chief Gerald F. Seib.


Out of Bonds
Central banks have become some of the biggest investors in bond markets. Now some in the financial markets think stocks should benefit more from their largess. Some economists say the ECB, which meets Thursday to decide if it should expand its current bond-buying program, should invest in equities. The reason: It is running out of bonds to buy. Other central banks already invest in equities. Switzerland’s central bank has accumulated more than $100 billion worth of stocks, while another big stockholder is the Bank of Japan. A move by the ECB into equities would have big implications for Europe’s stock markets, which have been rocked by a series of shocks this year, from volatility in China to Britain’s vote to leave the EU. Stock purchases don’t appear to be on the near-term agenda, but ECB officials haven’t ruled them out.
Money Trail
The suspected ringleaders of Malaysia’s 1MDB scandal allegedly cultivated bank executives, pressed compliance officers and obsessed about secrecy. Between 2009 and 2013, financier Jho Low, a family friend of Prime Minister Najib Razak, and his associates helped embezzle at least $3.5 billion from the state investment fund created by Mr. Najib, the U.S. Justice Department alleged in a lawsuit filed in July. Mr. Low and his cohorts for years eluded detection or interference by at least eight banks, big accounting firms, a central bank and various government regulators. That the alleged fraud could roll on for so long without detection suggests weaknesses in a global system designed to clamp down on money laundering, a problem U.S. and other Western leaders have pledged to fix. We examine how banks missed clues and bowed to pressure along the way.
This Altercast Brought to You By...
The next time you want to persuade someone, you might try “altercasting.” Psychologists and communication experts use the term to describe a technique in which one person characterizes another as a certain type of person to encourage him or her to behave in a desired manner. Psychologists say it is widely used in the real world—by advertisers, fundraisers, parents, teachers, spouses, and therapists, among others. In “manded” altercasting, you don’t change your behavior but openly state a role for the other person. In “tact” altercasting, you don’t state anything explicitly but change your behavior to suggest a role to the other person. The strategy works because people typically want to rise to the occasion. We offer tips on the technique, such as knowing your audience and emphasizing the relationship.
Smashed Fortunes
That Was Painless
At the world’s biggest ship-recycling yard at Alang, India, life is becoming harder as fewer ships arrive.

Zika Researchers Work to Crack Virus’s Genetic Secrets

Congress Faces Tight Budget Deadline

G-20 Closes With Call for More Efforts to Boost Global Growth

Obama, Putin Meet as Syria Deal Stalls

Bayer Raises Offer to Buy Monsanto

Apple’s New iPhones Arrive, as Glow Fades

Junk Debt Getting Crowded

Investors See Danger as Global Assets Get Pricey
$200 million
The approximate amount Volkswagen plans to pay to buy a minority stake in Navistar to gain a foothold in the U.S. and bolster its global truck-market aspirations.
I believe the fundamental decisions we made in the past months were right, but we have much to do to win back trust.
German Chancellor Angela Merkel on her party, the Christian Democrats, finishing behind a populist challenger to their political right in a state election for the first time in postwar history. A tumultuous political season is in store for the rest of Europe as well, as each populist success seems to encourage the next.
Going back to our story above, what are your thoughts on the FBI’s summary of its investigation into Mrs. Clinton’s email practices? Send your comments, which we may edit before publication, to Please include your name and location.
—Compiled by Margaret Rawson
Responding to Friday’s question on Donald Trump’s trip to Mexico City, Bill Kaupert of Illinois said: “The trip to Mexico and follow-up speech were master strokes by a campaign led by a nonpolitician. Mr. Trump displayed a hands-on approach to handling the immigration issue and put his person where only his words had been. All the while securing and energizing his base.” And Mary Thompson of New Mexico wrote: “Accepting the opportunity to go to Mexico and meet with Mexican President Enrique Peña Nieto was a good move on Mr. Trump’s part. I doubt Mr. Peña Nieto actually expected Mr. Trump to accept the invitation but he honored the invite and held a joint press conference following their discussion. Mr. Trump considerably improved his profile and conducted himself as a person of importance representing the U.S.” But Richard Betz of Indiana opined: “Mr. Trump’s ‘semi-presidential’ appearance in a news conference with Mexico’s president and then his bombastic immigration speech in Phoenix that same evening refuting what he said in Mexico are further proof that he has no intention of changing into a serious, knowledgeable presidential candidate. He cannot yell and tweet his way into the White House. His core constituency may enjoy the show he puts on for them, but they are not numerous enough to give him victory. He is on his way to a memorable defeat.”
This daily briefing is named "The 10-Point" after the nickname conferred by the editors of The Wall Street Journal on the lead column of the legendary "What's News" digest of top stories. Technically, "10-point" referred to the size of the typeface. The type is smaller now but the name lives on.
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