SITREP for November 21, 2024

Andrew Sheves Good morning.

We begin with some overnight headlines worthy of your attention, and don’t miss the great, in-depth piece from Bloomberg about the Crowdstrike outage at the end.

The US vetoed a UN Security Council ceasefire resolution for the War in Gaza, causing . [SOURCE - BBC] This came a day after Russia had been condemned for vetoing a similar resolution concerning the civil war in Sidan.

Meanwhile, the UN has reported that no aid has reached the north of Gaza in 40 days due to the Israeli blockade and that the 65,000-75,000 Palestinians trapped there are ”facing diminishing conditions for survival” [SOURCE - BBC]

Pakistan announced an imminent military operation against separatists in Baluchistan. Groups such as the Balochistan Liberation Army (BLA) have recently stepped up attacks. The Pakistani operation is supported by China, whose citizens were targeted in recent attacks, and mirrors an Iranian offensive taking place on its side of the border. [SOURCE - Al Jazeera]

Three mining executives from Australian firm Resolute were freed by Mali. They had been held for several weeks over tax irregularities and were freed after the firm paid a $160 million settlement. [SOURCE - Bloomberg] Note, many commentators have suggested that the tax issue was an excuse for Mali to retake control of the Resolute mines and return these to Malian control, possibly also using these as payment to Russia in return for Moscow’s support.

A quick ask

*There’s a poll at the bottom of the email and it would be incredibly useful if you could take 30 seconds to let us know how we’re doing. Good, bad, ugly? Just let us know. Thank you *🙏

Commodity and Rate Snapshot

🛢️** Crude Futures (WTI)**

$69.96

💵 **USD:EUR **

$1.051 (Price of 1EUR in USD)

₿ Bitcoin

$98,204

As at Nov 21, 06:00ET -Data is illustrative, not for decision-making.

Financial data via Bloomberg, Freightos and AlphaVantage

Asia Stability Ratings and News Summary

More Unstable

🇦🇫 Afghanistan, 🇦🇲 Armenia, 🇦🇿 Azerbaijan, 🇧🇭 Bahrain, 🇧🇩 Bangladesh, 🇧🇹 Bhutan, 🇰🇭 Cambodia, 🇨🇳 China, 🇹🇱 East Timor, 🇬🇪 Georgia, 🇮🇳 India, 🇮🇩 Indonesia, 🇮🇷 Iran, 🇯🇵 Japan, 🇰🇿 Kazakhstan, 🇰🇬 Kyrgyzstan, 🇱🇦 Laos, 🇲🇻 Maldives, 🇲🇲 Myanmar, 🇳🇵 Nepal, 🇰🇵 North Korea, 🇵🇰 Pakistan, 🇵🇭 Philippines, 🇰🇷 South Korea, 🇱🇰 Sri Lanka, 🇹🇼 Taiwan, 🇹🇯 Tajikistan, 🇹🇭 Thailand, 🇹🇲 Turkmenistan, 🇺🇿 Uzbekistan

More Stable

No countries were more stable over this period

Unchanged

🇧🇳 Brunei, 🇰🇼 Kuwait, 🇲🇾 Malaysia, 🇲🇳 Mongolia, 🇴🇲 Oman, 🇶🇦 Qatar, 🇸🇬 Singapore, 🇦🇪 United Arab Emirates, 🇻🇳 Vietnam

Regional News Summary

In Singapore, the government has intensified its efforts to combat cybercrime by integrating it into cross-border crime cooperation with Malaysia, a move aimed at bolstering regional security against digital threats [[SOURCE - The Sun Malaysia]](https://thesun.my/malaysia-news/cybercrime-to-be-part-o

Carpe tomorrow!