Chinaโs Economy Beats Expectations, Trump Threatens Russia Tariffs, Druze-Bedouin Clashes Kill 99 in Syria
Andrew Sheves
Good morning,
๐จ๐ณย Chinaโs Economy Beats Expectations
China’s economy grew 5.2% in the second quarter, beating forecasts as strong factory output and exports to non-US markets offset weak domestic consumption. Industrial production surged 6.8% in June while retail sales disappointed at 4.8%, highlighting the persistent imbalance between strong supply and weak domestic demand. Despite a 24% slump in US shipments, overall exports rose as government subsidies and fiscal stimulus supported growth, providing Beijing breathing room ahead of potential tariff escalation when the current US trade truce ends in mid-August. More - Bloomberg
๐ท๐บ** Trump Threatens Russia Tariffs**
President Trump threatened Russia with tariffs while unveiling a new Ukraine weapons plan where the US will sell arms to NATO countries who will forward them to Ukraine, funded by European allies. Trump expressed frustration with Putin, saying “very nice phone calls” are followed by devastating air strikes on Ukraine, adding “at a certain point talk doesn’t talk, it’s got to be action.” The announcement drew praise from Democrats and Ukrainian officials, while pro-Kremlin commentators dismissed the tariff threat as a “bluff” indicating Trump had “given up on trying to achieve peace.” More - BBC
๐ธ๐พ** Druze-Bedouin Clashes Kill 99 in Syria**
Fighting between Bedouin tribes and Druze fighters in southern Syria’s Suwayda city has killed 99 people and injured 100 others, according to the Syrian Observatory for Human Rights, prompting Syrian forces to intervene. The violence erupted Sunday after a wave of kidnappings including the abduction of a Druze merchant on the Damascus-Suwayda highway, marking the first deadly outbreak since April-May clashes killed dozens. Israel struck Syrian tanks heading toward Suwayda, warning it won’t allow harm to the Druze, as the new Syrian government struggles to maintain security following Assad’s December overthrow. More - Al Jazeera
Americas Stability Ratings and News Summary
More Unstable
๐ฆ๐ฌ Antigua and Barbuda, ๐ฆ๐ท Argentina, ๐ง๐ฟ Belize, ๐ง๐ด Bolivia, ๐ง๐ท Brazil, ๐จ๐ฆ Canada, ๐จ๐ด Colombia, ๐จ๐ท Costa Rica, ๐จ๐บ Cuba, ๐ฉ๐ด Dominican Republic, ๐ช๐จ Ecuador, ๐ธ๐ป El Salvador, ๐ฌ๐น Guatemala, ๐ฌ๐พ Guyana, ๐ญ๐น Haiti, ๐ญ๐ณ Honduras, ๐ฏ๐ฒ Jamaica, ๐ฒ๐ฝ Mexico, ๐ณ๐ฎ Nicaragua, ๐ต๐ฆ Panama, ๐ต๐ช Peru, ๐ฑ๐จ Saint Lucia, ๐ธ๐ท Suriname, ๐น๐น Trinidad and Tobago, ๐บ๐ธ United States Of America, ๐ป๐ช Venezuela
More Stable
No countries were more stable over this period
Unchanged
๐ง๐ง Barbados, ๐จ๐ฑ Chile, ๐ฉ๐ฒ Dominica, ๐ฌ๐ฉ Grenada, ๐ต๐พ Paraguay, ๐ฐ๐ณ Saint Kitts and Nevis, ๐ป๐จ Saint Vincent and the Grenadines, ๐ง๐ธ The Bahamas, ๐บ๐พ Uruguay
Regional News Summary
Br
Carpe tomorrow!