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How Christa Pike could still face execution after botched attempts: experts
"Where Is The Onshoring?" UBS Questions White House Investment Boom As Foreign Money Flows Into Takeovers
President Trump recently said that over $20 trillion in foreign investment has flowed into the US so far in his second term.
“We have more money being spent from outside countries and companies. Over $20 trillion. That’s five, six, seven times higher than any country. Not just here, any country ever,” Trump said, adding that the total could climb to $25 trillion by the end of his term.
🚨 President Trump stuns the World by saying our Manufacturing is higher than ever and $20 Trillion dollars is being invested into America
"No country in HISTORY has ever been close”
THIS IS EXACTLY WHAT I VOTED FOR
Follow @mr_pool001 pic.twitter.com/qPr4i4INN2
Yet UBS economist Arend Kapteyn wrote in a new note on Thursday that new foreign direct investment totaled $232 billion in 2025, roughly $30 billion below its 10-year average. He said that, adjusted for inflation, investment that year was below every pre-pandemic year.
“One way to assess whether manufacturing is being ‘onshored’ to the US is through foreign direct investment (FDI) data,” Kapteyn said.
Kapteyn’s findings clash with the White House’s narrative of the early innings of a durable manufacturing revival. The latest White House tracker lists trillions of dollars in announced US and foreign investments, with commitments from the United Arab Emirates, Qatar, Japan, Saudi Arabia, India and South Korea alone exceeding $5 trillion.
Kapteyn continued:
Yet little of this is visible in the BEA's New Foreign Direct Investment data (chart below).
New FDI totaled just $232bn in 2025, around $30bn below its 10-year average and, in real terms, lower than in any pre- pandemic year. There was a modest pickup relative to 2022-24, driven mainly by media/ telecoms and primary metals (within 'other manufacturing), but no broad-based investment surge.
Also note that, 94% of new foreign investment took the form of acquisitions of existing US firms. Only 2% reflected the creation of new businesses and 4% the expansion of existing foreign-owned operations, suggesting that foreign capital is largely changing ownership rather than adding new productive capacity.
The gap between the data Kapteyn analyzed and the White House's announcements may partly reflect the lag between investment pledges and actual spending. The bigger question is how much of that money will ultimately finance new US production capacity, rather than acquisitions of existing businesses.
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Crew of hijacked flydubai plane clashed with heroic Israeli passengers, demanded tied-up terror pilot be freed
UAE Says Omani Flydubai Co-Pilot Attacked Captain With Axe, Tried To Seize Israel-Found Jet For "Terror Act"
State news agency WAM quoted UAE Attorney General Hamad Saif Al Shamsi as saying the Flydubai Omani co-pilot accused of attacking the captain with a crash axe tried to seize control of the passenger jet bound for Israel and attempted to carry out a "terrorist attack."
Planning, attempted terrorist act behind flydubai flight FZ1073 incident: Attorney-General#WamNews https://t.co/OWxoZ9nWWR pic.twitter.com/JCE3NuGppa
— WAM English (@WAMNEWS_ENG) October 3, 2026"Investigations into the incident involving flydubai flight FZ1073 found that the co-pilot had attempted to carry out a terrorist attack," Al Shamsi said.
BREAKING:
The Omani co-pilot who stabbed Captain Smit Machchhar and tried to crash Flydubai Flight FZ1073 on its way to Tel Aviv has been identified as Hamam Al Hamami.
Netanyahu stated today that it's becoming increasingly clear after the first interrogations that the attacker… pic.twitter.com/qXBS64D7W8
The aircraft operating flight FZ1073 from Dubai to Tel Aviv on Wednesday, about one week before the third anniversary of the October 7 attacks, plunged 18,000 feet during the attack as passengers and crew subdued the attacker.
Between 05:22:07 and 05:22:36 flight #FZ1073 dropped from 30,875 feet to 16,750 feet (-14,125 feet in just 29 seconds) pic.twitter.com/hHfnX7cKWI
— Flightradar24 (@flightradar24) September 30, 2026🇦🇪🇮🇱🇸🇦🚨 UPDATE: Damage visible on FZ1073 after emergency landing
Images from Tabuk appear to show significant damage to the upper tail of flydubai flight FZ1073 following this morning’s extraordinary incident.
Reuters reports, citing an Israeli official, that a physical… pic.twitter.com/AXKCqt5Qjx
The passenger jet, with 174 souls on board, diverted to Tabuk in northwestern Saudi Arabia for an emergency landing.
Al Shamsi said the investigation is under way "to uncover all the circumstances of the incident, its motives, and related connections, in addition to completing technical examinations and examining physical and digital evidence."
On Friday, Israeli Prime Minister Benjamin Netanyahu said that Israel was investigating whether the co-pilot had acted under anyone's direction, warning that anyone involved in the terror plot would pay a "heavy price."
Flydubai halted all flights on the Israel route shortly after the terror plot was foiled, and Israel's El Al canceled its scheduled flights, stranding some Israelis in the UAE.
Tyler Durden Sat, 10/03/2026 - 09:20