In the heart of the Middle East, Israel’s military recently launched a series of air strikes in southern Lebanon to preempt an alleged attack by Hizbollah, a militant group backed by Iran. The conflict between these two sides has escalated sharply since the Israel-Hamas war last year, marking one of the largest exchanges of fire since their war in 2006.
Here is what we are focusing on today:
Slowing dealmaking in China
Russian lawmakers’ response to the arrest of Telegram CEO
Arrest of a suspect in the Solingen knife attack in Germany
Y Combinator backing a weapons company
Kamala Harris’s fundraising success
In the global economic landscape, many of the biggest private equity firms are stepping back from making investments in China due to increasing geopolitical tensions and Beijing’s tightening grip on businesses. This caution is reflected in the limited number of new investments made by top global buyout firms in China this year, with most of them being relatively small transactions.
Russian lawmakers have condemned the arrest of Telegram CEO Pavel Durov in France for his alleged failure to adequately moderate criminal activities on the messaging platform. This incident has brought into focus Telegram’s resistance to censorship, which has attracted scrutiny for allegedly becoming a haven for criminals and hackers.
In Germany, a man suspected of carrying out a knife attack in Solingen that resulted in three deaths and eight injuries has been arrested, with authorities labeling it an act of terrorism. This tragic incident underscores the ongoing threat of violence in today’s society.
For the first time, Y Combinator, a start-up incubator based in San Francisco, is supporting a weapons company called Ares Industries, a developer of “low-cost cruise missiles” that is positioning itself for potential conflict scenarios between the US and China in the Taiwan Strait.
US Vice President Kamala Harris has achieved a significant fundraising milestone by raising over $500 million since entering the White House race. The campaign credits grassroots donors for this impressive achievement, with a third of the total contributions coming from first-time contributors.
As the world watches, Jake Sullivan, the US National Security Adviser, is set to meet with Chinese Foreign Minister Wang Yi in China. This meeting follows a series of secret discussions held between Sullivan and Wang since May 2023, forming a strategic channel aimed at stabilizing US-China relations. Learn more about how this secret backchannel came about and how it has influenced international diplomacy.
Thank you for staying informed with us. Let’s continue to navigate the complex landscape of global affairs together.
Leave feedback about this