Continuing Conflicts and Tensions

The Israel-Hamas War and the Russia-Ukraine War remain major focal points, with reports on ceasefires, peace plans, and ongoing strikes, including Israeli military actions in Lebanon and Gaza, and Russian attacks in Ukraine.

There is ongoing discussion about a new US-drafted peace plan for Ukraine which reportedly involves Kyiv ceding land and weapons.

US-China-Russia Dynamics:

Geopolitical competition and technological change continue to drive cooperation efforts between countries like Singapore and China. There are also reports of US and Russian officials drafting a plan to end the Ukraine war.

Trade Tensions:

The global economy is facing headwinds due to increased trade tensions and policy uncertainty, particularly concerning US trade tariffs and their impact on global markets.