World updates Newsletter

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This Week -

  • The Financial Times reports the US, UK and Australia are starting talks on bringing members into AUKUS, 'as Washington pushes for Japan to be involved in the security pact aimed as a deterrent against China'.

  • CBS News reports that US intelligence believes that Iran is 'planning a retaliatory attack that would include a swarm of Shaheed loitering drones and cruise missiles' likely to come in the next five days.

  • Russia says that over 100,000 people have signed contracts with the military since the start of 2024

  • The Washington Post reports that the Biden Administration 'approved the transfer of thousands more bombs to Israel on the same day Israeli airstrikes in Gaza killed seven aid workers for the charity group World Central Kitchen'.

  • TAIWAN EARTHQUAKE

    - 7.4 magnitude earthquake in eastern Taiwan, the strongest in 25 years.

    - Multiple buildings have collapsed in eastern Taiwan.

  • BBC reports that the three British aid workers killed in Gaza have been identified as John Chapman, James Henderson and James Kirby

  • Canada announces $4.4 billion housing fund to accelerate the construction of housing, amid sharp increase in house prices and rents.

  • Bloomberg ran a million simulations to assess the 'fragility' of the US debt outlook, and in 88% of the simulations results showed the 'debt-to-GDP ratio is on an unsustainable path'.

  • The Financial Times reports that solar panels have become 'so cheap' that they are being used to build 'garden fences in the Netherlands and Germany' amid surge in Chinese production saturating the global market.

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