"Trump lauded by former rivals. Plus, how dangerous is the news US-Russia missile race?"
Views expressed in this U.S., World, and Geopolitical update are those of the reporters and correspondents. Accessed on 17 July 2024, 1234 UTC.
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Russ Roberts (https://trendsingeopolitics.blogspot.com).
Daily Briefing
By Kate Turton
Trump is lauded by former rivals in a show of unity at the RNC, Thai police say cyanide killed 6 foreigners in a Bangkok hotel, and China strives to lure foreign tourists.
Plus, how dangerous is the new US-Russia missile race?
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Today's Top News
US politics
- Donald Trump's former rivals for the Republican presidential nomination, Nikki Haley and Ron DeSantis, offered full-throated endorsements of his candidacy at the party's convention, in a display of unity days after he survived an assassination attempt.
- Trump's vice-presidential nominee J.D. Vance has been open about his opposition to military aid for Ukraine. Andrew Gray joins the Reuters World News podcast with insights on how a second Trump term with Vance on the ticket may impact aid to Ukraine.
- President Joe Biden promised Black voters that he was "all in" to seek reelection on Nov. 5 and assailed Donald Trump's record as president. Meanwhile, several House Democrats were preparing to sign a letter protesting a plan to speed up the official party approval of Biden's reelection bid.
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In other news
- Authorities in China are focused on boosting foreign tourism, including via a new policy granting visa-free entry to tourists from several countries. But even with tourism-friendly policies, far fewer tourists are coming to China now than before the pandemic.
- Torrential rain triggered flash flooding in parts of Toronto, Canada's financial center, causing power outages, disrupting traffic and forcing airlines to curtail service.
- Rare images of the Mashco Piro, an uncontacted Indigenous tribe in the remote Peruvian Amazon, were published by Survival International, showing dozens of the people on the banks of a river close to where logging companies have concessions.
- Britain's new Prime Minister Keir Starmer will set out his first package of proposed laws, fleshing out how he will honor his election-winning pledge to rebuild the country after years of weak economic growth and political turmoil.
- Cyanide poisoning was likely the cause of the deaths of six foreigners whose bodies were found in a room in a plush Bangkok hotel, with the suspected killer among the dead, Thai police said.
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Business & Markets
The fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX. January 7, 2024. NTSB/Handout via REUTERS/File Photo
- A door panel on an Alaska Airlines-operated Boeing 737 MAX 9 jet blew off midair in January. The fallout has inflated costs for those reliant on Boeing. Interviews with airline executives, union leaders, pilots, suppliers, passengers and government officials, show how the incident is rippling through the trillion-dollar global aviation industry.
- Construction of US solar-manufacturing plants by Chinese companies is surging, putting China in position to dominate the nascent industry, as other American factories struggle to compete despite federal subsidies.
- Italy's competition authority said it had begun an investigation into luxury fashion groups Armani and Dior over the alleged exploitation of workers in their supply chain.
- Rising expectations that former President Donald Trump will regain the White House in November are supercharging the so-called Trump trade, on views that his policies will lift corporate profits even while spurring worries about the country’s long-term fiscal health.
- HSBC has appointed its Chief Financial Officer Georges Elhedery as its next CEO, the bank said, a choice that highlights the global lender's preference for continuity as it looks to kickstart growth.
- Roche said its CT-996, a new drug being developed to treat obesity and type 2 diabetes, has had positive results for weight loss in phase one of its clinical trial. Roche is among a growing number of would-be rivals to Novo Nordisk and Eli Lilly, whose weight-loss drugs have caused a storm in demand.
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How dangerous is the new US-Russia missile race?
Whole class of missiles was scrapped by Reagan and Gorbachev. REUTERS/Dennis Paquin//File Photo
On June 28, President Vladimir Putin said publicly that Russia would resume producing short and intermediate-range land-based missiles - something the West suspects it was already doing anyway - and take decisions on where to place them if needed. Security experts assume these missiles, like most Russian systems, will be capable of carrying either conventional or nuclear warheads.
On July 10, the US said it will start deployment in Germany from 2026 of weapons that will include SM-6s and Tomahawks, previously placed mainly on ships, and new hypersonic missiles. These are conventional systems but some could also, in theory, be fitted with nuclear tips.
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And Finally...
Poland's Aleksandra Kalucka and China's di NIU in action during the women's speed climbing semifinals REUTERS/Marton Monus/File Photo
Global advertisers are hiring more female athletes to launch marketing campaigns ahead of the Paris Summer Olympics, a move aimed at capitalizing on recent record ratings for women's sports in the US and Europe to reach new audiences.
While the Olympics has long been considered the pinnacle of women’s sports, increased attention leading up to the Games has prompted more brands to feature female athletes in commercials, shape messaging toward women and increase ad spending on women’s sports, ad experts said.
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Welcome to my geopolitics blog site. This is a Hawaii Island news site focusing on geopolitical news, analysis, information, and commentary. I will cite a variety of sources, ranging from all sides of the political spectrum.