Supporters of Meng Wanzhou outside the Vancouver courtroom. Photo by Rich Lam/Getty Images.

A Canadian court on Tuesday granted bail to Meng Wanzhou, the chief financial officer of Chinese tech giant Huawei, who had been arrested on fraud charges related to alleged violations of sanctions against Iran.

Why it matters: Wanzhou has become a flashpoint in trade tensions between China and the U.S., with China demanding her release and the U.S. asking Canada for her to be extradited to stand trial here. President Trump told Reuters today that he might act to get charges dropped against the CFO of Huawei as part of a trade deal with China.

  • The Canadian judge cited Meng’s status as a “well-educated businesswoman” with no criminal record in finding that the risk of her jumping bail “can be reduced to an acceptable level.”
  • She will be monitored electronically via a bracelet, and must be back in her Vancouver-area home each night by a curfew time.
  • Huawei released a statement saying the company has “every confidence the the Canadian and U.S. legal systems will reach a just conclusion in the following proceedings."

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The U.S. and Israel will announce tomorrow that they are expanding three agreements on scientific cooperation to include Israeli settlements in the West Bank, Israeli and U.S. officials tell me.

Why it matters: This is a substantial policy shift for the U.S., which did not previously allow its taxpayers' money to be spent in the Israeli settlements.

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Senate Majority Leader Mitch McConnell (R-Ky.) expressed no regrets about Judge Amy Coney Barrett's controversial confirmation, telling Politico in an interview that he believes the decision to place her on the Supreme Court just a week before the election will help Republicans retain the Senate.

Why it matters: With a week to go until Election Day, many Republicans are concerned that President Trump's unpopularity could cost them the Senate. McConnell has long viewed the transformation of the federal judiciary through the confirmation of young conservative judges as his defining legacy.

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