Crowd surge in India, Trump threatens Taiwan plus the Unintended Consequences of the Transition Kick In
Andrew Sheves Good morning.
🇮🇳 A crowd surge at a Hindi festival in Northern India raised fears of multiple casualties but early reports are unclear. Up to 100 million people are anticipated at the Kumbh Mela festival in Sangam where devotees gather every 12 years to bathe in the confluence of two sacred rivers [More - BBC]
🇹🇼 In addition to tariffs against countries, President Trump announced that sectors would also be subject to import taxes. Among other sectors, Trump specifically called out Taiwan’s semiconductor industry, adding further complexity and confusion to US supply chains. [More - Washington Post]
🇺🇸 The Trump team’s ‘shock and awe’ approach to the transition is causing unintended consequences and confusion in defense and national security. Confusion over funding rattled the defense sector [more - Politico] and firing at advisory boards Cyber Safety Review Board (CSRB) weakens America’s ability to respond to cyber attacks [more - Axios].
New Technical Article
You’ll have heard all about the DeepSeek models causing chaos in the AI world, but are they better than the others on offer? I ran some bench tests earlier today to find out and was pleasantly surprised.
Europe Stability Ratings and News Summary
More Unstable
🇦🇱 Albania, 🇦🇹 Austria, 🇧🇾 Belarus, 🇧🇪 Belgium, 🇭🇷 Croatia, 🇨🇿 Czech Republic, 🇩🇰 Denmark, 🇪🇪 Estonia, 🇫🇷 France, 🇩🇪 Germany, 🇬🇷 Greece, 🇭🇺 Hungary, 🇮🇪 Ireland, 🇮🇹 Italy, 🇲🇰 Macedonia, 🇲🇩 Moldova, 🇲🇪 Montenegro, 🇳🇱 Netherlands, 🇵🇱 Poland, 🇷🇴 Romania, 🇷🇺 Russia, 🇸🇲 San Marino, 🇷🇸 Serbia, 🇸🇰 Slovakia, 🇪🇸 Spain, 🇸🇪 Sweden, 🇨🇭 Switzerland, 🇹🇷 Turkey, 🇺🇦 Ukraine, 🇬🇧 United Kingdom
More Stable
No countries were more stable over this period
Unchanged
🇦🇩 Andorra, 🇧🇦 Bosnia And Herzegovina, 🇨🇾 Cyprus, 🇫🇮 Finland, 🇮🇸 Iceland, 🇱🇻 Latvia, 🇱🇮 Liechtenstein, 🇱🇹 Lithuania, 🇱🇺 Luxembourg, 🇲🇹 Malta, 🇲🇨 Monaco, 🇳🇴 Norway, 🇵🇹 Portugal, 🇸🇮 Slovenia
Europe News Summary
Switzerland’s economy remains a focal point of interest, bolstered by President Cyril Ramaphosa’s endorsement of the country as an attractive investment destination, thanks to its stable business environment. This affirmation coincides with the signing of a trade deal between Switzerland and Thailand, aimed at strengthening economic ties between the two nations [SOURCE - SwissInfo].
However, environmental concerns are surfacing as a report reveals tha
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