IRAN - UN envoy has visited Tehran and Riyadh after the agreement brokered by China. Diplomatic efforts to broker a peace in Yemen accelerated after Iran and Saudi Arabia agreed to re-establish diplomatic relations last week, the UN special envoy Hans Grundberg has reported to the Security Council. “Intense diplomatic efforts are ongoing at different levels to bring the conflict in Yemen to an end,” Grundberg said on Wednesday, after returning from Tehran and Riyadh. “We are currently witnessing renewed regional diplomatic momentum, as well as a step change in the scope and depth of the discussions.”
UK - The International Criminal Court (ICC) has issued an arrest warrant for Russian President Vladimir Putin. The court alleges he is responsible for war crimes, and has focused its claims on the unlawful deportation of children from Ukraine to Russia. It says the crimes were committed in Ukraine from 24 February 2022 - when Russia launched its full-scale invasion.
USA - Elon Musk predicted Donald Trump being arrested would end in a landslide victory for the president in 2024. In an early Saturday morning Truth Social post, Trump ranted that he may be arrested on Tuesday and encouraged his supporters to protest.
SWITZERLAND - Do you remember when wealthy people all over the world would stash their money in Swiss banks because there were so strong and so private? Well, the second largest bank in Switzerland is literally on the brink of collapse. As I discussed yesterday, Credit Suisse is a prime candidate to be one of the next dominoes to fall. It has been on very shaky ground for a long time, and now the global banking panic has greatly accelerated the outflow of assets from the bank. So why should you care if it fails?
CHINA - Fresh off a legislative congress where he cemented his vision for governing China, Xi Jinping turned to how he would create a better world order. It would be based on mutual respect, tolerance and equality — and China would be its natural leader, he told heads of political parties for an array of countries, including Russia and South Africa, Nicaragua and East Timor.
ISRAEL - Israeli President Isaac Herzog has warned that the Jewish state stands on the brink of civil war over proposed judicial reforms by Prime Minister Benjamin Netanyahu’s government. Amid nationwide protests, Herzog presented a set of alternate reforms, which were rejected by Netanyahu.
CHINA - Japan’s decision to once again embrace the path of militarization is “very dangerous” and warrants the attention of the international community, China’s Defense Ministry spokesman said on Thursday. Senior Colonel Tan Kefei was asked by reporters to comment on recent remarks by Tokyo’s Defense Ministry, which sounded the alarm over Beijing’s decision to increase its military budget.
USA - ‘Net Zero’, what does it mean? Does anyone know? Who dreamt-up this slogan? Put together, these two words don’t actually have any meaning. ‘Net’ is usually used as a shortened form of ‘netto’ (netto/brutto) a term used in accountancy describing a sum of money remaining after tax or expenses have been deducted. So what could ‘Net Zero’ possibly mean? That nothing will be left once zero carbon has been achieved? The term seems to ape, no doubt for good reason, the one chosen to describe the blackened hole in the ground left after the devastation of 9/11: Ground Zero.
CANADA - Dr Susan Bradley, who helped pioneer “gender affirming care” in Canada, has now spoken against the popular model of “gender affirming care” by placing children on puberty blockers, according to an interview with the Daily Caller. Dr Bradley founded the Child and Adolescent Gender Identity clinic in Toronto, Canada in 1975 and began to issue puberty blockers to children around the early 2000s. Prior to the medication, she used more traditional forms of therapy such as talking with her patients. In her interview with the Daily Caller, Dr Bradley stated in regards to the puberty blocker medication:
EUROPE - Europe’s worst-kept secret is that the Germans ultimately decide everything. “I’ll never forget how all the other member states held back in anticipation, waiting to see what the Germans would do,” a senior UK official, recalling his time in Brussels, recently told a private dinner of MPs and other German officials in Berlin. The recollection was meant as a compliment, one the official hoped would ingratiate him with the Germans around the table. Sad thing is it worked.
CHINA - Xi Jinping vowed in a speech at the conclusion of China’s annual legislative sessions on Monday that the Communist Party would seek a more prominent role on the world stage pursuing the “reform and construction of the global governance system.” China under his third tenure as president – to which he was unanimously “elected” by the National People’s Congress (NPC), the federal-level legislature, last week – Xi said, would work to “create a favorable international environment for our country’s development.”
USA - First Republic is cut to junk status by S&P - as shares of Big Four US banks wipe out yesterday's gains and Credit Suisse stock plunges over 25% to record low after SVB collapse. Wall Street's main stock indexes opened lower on Wednesday, as turmoil at Credit Suisse renewed fears of a banking crisis and sent shares of major US banks lower. At the opening bell, the Dow Jones Industrial Average fell 396 points, or 1.23 percent, while the S&P 500 opened 1.09 percent lower and the Nasdaq Composite dropped 1.20 percent.
UK - HSBC chief executive Noel Quinn announced the acquisition of the Silicon Valley Bank UK unit for £1. HSBC chief executive Noel Quinn said the acquisition makes “excellent strategic sense” for the bank’s UK business and strengthens its commercial banking franchise and enhances the ability to serve innovative and fast-growing firms, including in the technology and life-science sectors, in the UK and internationally.
USA - Credit ratings agency Moody’s Investors Service downgraded its outlook for the US banking system on Tuesday after the rapid declines and collapses of Silicon Valley Bank, Signature Bank, and Silvergate Bank in recent days. The prominent ratings agency said it “changed to negative from stable our outlook on the US banking system to reflect the rapid deterioration in the operating environment following deposit runs at Silicon Valley Bank (SVB), Silvergate Bank, and Signature Bank (SNY) and the failures of SVB and SNY,” Moody’s said in a Monday afternoon report. “Operating conditions have sharply deteriorated,” it also said in a note, according to multiple news outlets.
ISRAEL - Three months have passed since the current government was established, and Prime Minister Benjamin Netanyahu has yet to receive an invitation to the White House to meet with US President Joe Biden. On Tuesday, after receiving the requests of several government ministers to travel to the United States, Netanyahu allegedly issued a response clarifying that they were not to make the trip until he himself has received an official invitation.
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The views expressed in this section are not our own, unless specifically stated, but are provided to highlight what may prove to be prophetically relevant material appearing in the media.