How the world just got richer


IRAN
We kicked off the week exploring duelling reports of some kind of 60-day deal to re-open Hormuz then restart nuclear talks. And those reports are now back, with America’s VP Vance adding more weight to rumours that some kind of deal is indeed close, though cautioning that the US is “not there yet”. (BBC)
ROMANIA
A presumed Russian drone crossed into Romanian airspace and hit a residential apartment overnight, causing a fire and injuries. (Romania’s defence ministry)
SOUTH KOREA
South Korea’s coast guard has picked up a 68-year-old Chinese dissident after he crossed the 350km-wide (220mi) Yellow Sea in a tiny inflatable boat! It’s now the fourth time Dong Guangping, a former police officer, has attempted to escape China to reunite with his family (now in Canada). (CNN)
PHILIPPINES
Japan and the Philippines have announced they’ll begin talks on an agreement to share classified information. (Reuters)
ISRAEL
Prime Minister Netanyahu has told a conference he's directed the IDF to seize 70% of Gaza’s territory, up from the 53% negotiated as part of the US-brokered October ceasefire. Talks between Israel and Hamas have broken down amid mutual accusations of ceasefire violations. (NYT $)
BRAZIL
Conservative presidential hopeful Flávio Bolsonaro (son of Brazil’s jailed ex-leader Jair) met President Trump in DC on Tuesday, in hopes of a polling boost ahead of Brazil’s high-stakes elections in October. (Al Jazeera)
EUROPEAN UNION
The European Union has slapped China’s Temu e-commerce giant with a $233M fine for failing to take down potentially harmful products, including unsafe chargers and choke-hazard baby toys. (EuroNews)
MOROCCO
Over 40,000 Moroccans stand to lose their jobs in August, when a French law banning impromptu telemarketing calls comes into effect. (Le Monde)
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21 May

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