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US offers $15 million for Chinese nationals accused of aiding Iran

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The United States government has placed a bounty on Liu Baoxia, also known as Emily Liu, and three other Chinese nationals accused of supporting Iran.

The 43-year-old woman, a “procurement agent and arms broker”, is on the most wanted list of the Federal Bureau of Investigation (FBI).

Liu, Li Yongxin (Emma Lee), Yung Yiu Wa (Stephen Yung) and Zhong Yanlai (Sydney Chung) allegedly aided IRGC armaments production and sales through delivery of U.S. dual-use technology.

The Department of State, through its Rewards for Justice (RFJ) program, is offering a reward of up to $15 million for information leading to their arrest.

The U.S. is working to disrupt the financial mechanisms of Iran’s Islamic Revolutionary Guard Corps and its branches, all designated Foreign Terrorist Organizations.

The government accused the IRGC of financing terrorist attacks globally, “including via its external proxies such as Hamas, Hezbollah, and Iran-backed militia groups in Iraq.”

A statement by the department said the IRGC partly funds its terrorist activities through sales of military equipment, including unmanned aerial vehicles or drones.

On Thursday, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced it had sanctioned a “teapot” oil refinery and its chief executive officer.

The allegedly purchased and refined hundreds of millions of dollars’ worth of Iranian crude oil from vessels linked to the Ansarallah, aka the Houthis, and the Iranian Ministry of Defense of Armed Forces Logistics.

Secretary of the Treasury Scott Bessent stated that the teapot refinery’s purchases of Iranian oil “provide the primary economic lifeline for the Iranian regime.”

Bessent reiterated America’s commitment to “cutting off the revenue streams that enable Tehran’s continued financing of terrorism and development of its nuclear program.”

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International

Brazil’s Lula Wins Fourth Term In Presidential Runoff

Flávio Bolsonaro rejected the runoff result, describing it as “inexplicable” and calling for the election to be annulled.

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Brazil’s left-wing President Luiz Inácio Lula da Silva has won a fourth term in office after defeating right-wing challenger Flávio Bolsonaro in a closely fought presidential runoff.

The 80-year-old secured just under 52 per cent of the vote, overturning Bolsonaro’s first-round lead in a surprise victory that runs against a wider shift towards right-wing leadership across Latin America.

Addressing cheering supporters in São Paulo, Lula thanked voters for what he described as their defence of Brazilian democracy.

The victory follows a bitter election campaign between the veteran left-wing leader and Bolsonaro, whose father, former President Jair Bolsonaro, is serving a prison sentence under house arrest for plotting a coup after losing the previous presidential election.

Flávio Bolsonaro rejected the runoff result, describing it as “inexplicable” and calling for the election to be annulled.

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JUST IN: Four Pilots Die After Mid-Air Collision of Military Planes in Philippine

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Four Philippine Air Force pilots died Friday after two SF-260 trainer aircraft collided mid-air during a training flight and crashed at Fernando Air Base in Lipa City, Batangas, south of Manila, the air force confirmed Saturday.

The accident occurred at about 3:51 p.m. local time on October 23, 2026. Both single-propeller planes went down within the base perimeter. No other casualties were reported on the ground.

Philippine Air Force spokesman Colonel Alvin Capinguian (also referred to as Alvin Jay Capinguian) said the aircraft were involved in a training flight. Officials with knowledge of the incident, speaking anonymously, and local reports confirmed the planes collided while flying at low altitude. Some accounts noted they were part of a larger formation or flyby rehearsal, with other aircraft landing safely.

The air force described it as an “aviation accident” and said an investigation is underway to determine the cause. As a precaution, the entire fleet of SF-260 aircraft has been temporarily grounded. The air force is coordinating assistance with the families of the deceased and asked the public to respect their privacy. One of the pilots was later identified in some reports as 1st Lt. Angeleo Adrian Peñaflor.

The SF-260 is a light Italian-designed trainer used by the Philippine Air Force. The incident is the latest fatal crash involving the type; two pilots were killed in a similar SF-260 training accident in Benguet province in May.

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International

“Mother of all bombs,” Trump Plans To Hit Iran

The 21,600-pound airburst weapon is designed to affect surface targets over a wide area and has so far not been deployed by the U.S. in previous strikes on targets inside Iran. It was used in Afghanistan in 2017 during the previous Trump administration.

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The U.S. military is considering use of the GBU-43/B Massive Ordnance Air Blast (MOAB) bomb if it resumes strikes inside Iran, CNN reported Thursday, citing U.S. officials.

The 21,600-pound airburst weapon is designed to affect surface targets over a wide area and has so far not been deployed by the U.S. in previous strikes on targets inside Iran. It was used in Afghanistan in 2017 during the previous Trump administration.

Trump said Oct. 8 that he would not resume U.S. strikes on Iran before the Nov. 3 midterm elections, while attacks on shipping near the Strait of Hormuz and deadly Houthi strikes in Saudi Arabia have raised regional tensions.

Iranian Parliament Speaker Mohammad Bagher Ghalibaf said Tehran will combine military capabilities and negotiations to press its demands.

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