Upcoming Germany Elections and Cuts at the Pentagon
Andrew Sheves Good morning.
Two quick reads this morning.
🇩🇪 German elections taking place this Sunday will determine not only who will lead Europe’s biggest economy, but how influential the far-right Alternative for Germany (AfD) party is. Bloomberg has a good overview here.
🇺🇸 US Defense Secretary Pete Hegseth has demanded cuts of $50 billion at the Pentagon and a reordering of US defense priorities.
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Key Metrics
WTI is $72.73 (Down)
Low |——– < ———–| High
Wheat is $185.794 (Up)
Low |——— > ———-| High
EuroDollar is $1.04 (Down)
Low |—- < —————| High
YuanDollar is $0.14 (Unchanged)
Low |———- < > ———| High
Graphs are illustrative to show comparative price over last 180 days
Metrics via AlphaVantage updated Feb 19 2025 21:16 UTC
Asia Stability Ratings and News Summary
More Unstable
🇦🇫 Afghanistan, 🇦🇲 Armenia, 🇦🇿 Azerbaijan, 🇧🇩 Bangladesh, 🇧🇹 Bhutan, 🇰🇭 Cambodia, 🇨🇳 China, 🇹🇱 East Timor, 🇬🇪 Georgia, 🇮🇩 Indonesia, 🇰🇿 Kazakhstan, 🇰🇬 Kyrgyzstan, 🇱🇦 Laos, 🇲🇻 Maldives, 🇲🇳 Mongolia, 🇲🇲 Myanmar, 🇳🇵 Nepal, 🇰🇵 North Korea, 🇵🇰 Pakistan, 🇵🇭 Philippines, 🇸🇬 Singapore, 🇰🇷 South Korea, 🇱🇰 Sri Lanka, 🇹🇼 Taiwan, 🇹🇯 Tajikistan, 🇹🇭 Thailand, 🇹🇲 Turkmenistan, 🇺🇿 Uzbekistan
More Stable
No countries were more stable over this period
Unchanged
🇧🇳 Brunei, 🇮🇳 India, 🇯🇵 Japan, 🇲🇾 Malaysia, 🇻🇳 Vietnam
Asia News Summary
Singapore continues to bolster its strategic partnerships, particularly with India. Recent discussions between Singapore’s President and Assam’s Chief Minister highlighted Assam’s role in enhancing the India-Singapore comprehensive strategic partnership. Additionally, India has expressed its willingness to increase flight connectivity between the two nations, further solidifying their ties [SOURCE - Daily Excelsior].
On the humanitarian front, Singapore has made notable contributions to global aid efforts, dispatching a second tranche of humanitarian assistance to the Gaza region, reflecting its commitment to international support [SOURCE - Deccan Chronicle].
Vietnam is also making strides in econ
Carpe tomorrow!