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Morning Intelligence – The Gist Wildfire smoke has morphed from a seasonal irritant into a global health emergency. A fresh World Meteorological Organization audit finds that 2024-25 fires injected enough fine-particle soot to rival emissions from every car and factory on Earth, helping drive …

Evening Analysis – The Gist Russia’s war-inflated boom is curdling fast. Within 24 hours the central bank’s policy rate sits at a punishing 19% after an emergency hike, and Sberbank’s chief warns that the economy has already slipped into “technical stagnation” with growth forecasts cut to 1.5%…

Morning Intelligence – The Gist Thailand’s political kaleidoscope has reshuffled again: Bhumjaithai leader Anutin Charnvirakul says he now commands 146 MPs and, crucially, the conditional backing of the 143-seat People’s Party, tipping him above the 247-vote threshold to become prime minister …

Evening Analysis – The Gist Good evening— Beijing’s 80th-anniversary V-Day parade was less commemoration than calibrated deterrence. Xi Jinping, flanked by Vladimir Putin and Kim Jong-un, rolled out the People’s Liberation Army’s full nuclear triad—air-launched Jinglei-1, sea-based Julang-3 an…

Morning Intelligence – The Gist Japan’s 30-year yield piercing 3.28 % – its highest on record – is not an isolated tremor; it is the latest after-shock of a global bond quake that has already lifted U.S. 10-year Treasuries toward 5 % and Italian 10-year BTPs above 5 %. Investors are dumping lo…

Evening Analysis – The Gist Gold pierced $3,550 /oz overnight while 30-year U.S. Treasuries flirted with 5 %, a tandem move last seen in the 1979 oil-inflation shock. Reuters, FT and AP all trace the surge to traders pricing a 90 % chance of a September Fed rate cut and hedging against Preside…

Morning Intelligence – The Gist Humanitarian arithmetic rarely shocks, yet yesterday’s UNHCR memo does: the agency will slash its 2025 budget to $8.5 billion—almost 20 % below plan—despite a record 122 million forcibly displaced people. The cut leaves a per-capita spend of barely $70 a year, l…

Evening Analysis – The Gist The Shanghai Co-operation Organisation summit in Tianjin today crystallised an emergent counter-order. President Xi promised a “Global Governance Initiative,” while Vladimir Putin urged joint SCO bonds and a new payments system to bypass the dollar. With members rep…

Morning Intelligence – The Gist China’s decision to host Vladimir Putin and Narendra Modi at the Shanghai Co-operation Organisation summit in Tianjin signals a deliberate tightening of the Beijing-Moscow-New Delhi triangle just as U.S. electoral politics tilt toward renewed tariffs and tech-ex…

Evening Analysis – The Gist Israel’s decision to kill Houthi prime minister Ahmed al-Rahawi—along with five cabinet members—in a precision strike on Sanaa marks the sharpest escalation yet in the year-old shadow war stretching from Gaza to the Bab al-Mandab strait. (reuters.com, apnews.com) Th…