Starvation Deaths, Malnutrition Increase in Gaza, Trump Strikes Trade Deal with Japan, Philippines

Andrew Sheves Good morning.

🇵🇸** Starvation Deaths, Malnutrition Increase in Gaza**

At least 15 Palestinians, including four children, starved to death in a single day in Gaza, bringing the total malnutrition deaths since Israel’s war began to 101, with 80 of them children. 600,000 people are estimated to be malnourished as Israel continues to prevent food deliveries into the Strip. UN Secretary-General Guterres called Gaza a “horror show with a level of death and destruction without parallel in recent times,” with nearly 88% of the territory now under Israeli displacement orders or militarized zones, forcing 2.3 million people into ever-shrinking space. More - Al Jazeera

🚢** Trump Strikes Trade Deal with Japan, Philippines**

President Trump reached a trade deal with Japan imposing 15% tariffs on imports including automobiles, down from a threatened 25%, while securing a $550 billion Japanese investment fund for US projects with 90% of profits going to America. The agreement includes Japan buying 100 Boeing aircraft, boosting rice purchases by 75%, and increasing defense spending with US firms to $17 billion annually from $14 billion. Japanese carmaker stocks jumped up to 16% on news of the lower auto tariff rate, while Prime Minister Ishiba reportedly plans to resign following his party’s poor election performance and the deal’s conclusion. More - Bloomberg

Europe Stability Ratings and News Summary

More Unstable

🇦🇱 Albania, 🇧🇾 Belarus, 🇧🇪 Belgium, 🇧🇦 Bosnia And Herzegovina, 🇧🇬 Bulgaria, 🇫🇷 France, 🇩🇪 Germany, 🇬🇷 Greece, 🇭🇺 Hungary, 🇮🇸 Iceland, 🇮🇪 Ireland, 🇮🇹 Italy, 🇲🇰 Macedonia, 🇲🇩 Moldova, 🇲🇪 Montenegro, 🇳🇱 Netherlands, 🇵🇱 Poland, 🇵🇹 Portugal, 🇷🇴 Romania, 🇷🇺 Russia, 🇷🇸 Serbia, 🇸🇮 Slovenia, 🇪🇸 Spain, 🇹🇷 Turkey, 🇺🇦 Ukraine

More Stable

No countries were more stable over this period

Unchanged

🇦🇩 Andorra, 🇦🇹 Austria, 🇭🇷 Croatia, 🇨🇾 Cyprus, 🇨🇿 Czech Republic, 🇩🇰 Denmark, 🇪🇪 Estonia, 🇫🇮 Finland, 🇱🇻 Latvia, 🇱🇮 Liechtenstein, 🇱🇹 Lithuania, 🇱🇺 Luxembourg, 🇲🇹 Malta, 🇲🇨 Monaco, 🇳🇴 Norway, 🇸🇲 San Marino, 🇸🇰 Slovakia, 🇸🇪 Sweden, 🇨🇭 Switzerland, 🇬🇧 United Kingdom

Regional News Summary

Switzerland is experiencing a notable shift in its construction sector, with spending expected to decline in 2024 as the focus moves from new builds to renovations. This trend reflects broader economic adjustments within the country. Meanwhile, ABB, a major player in the Swiss market, has reported a rise in its stock value following a strong second quarter, buoyed by increased profits and orders, suggesting a resilient outlook for the company amidst economic shifts [SOURCE - RTT News].

On the trade front, India and the European Free Trade Association, which includes Switzerland, are set to implement a significant trade pact starting October 1. This agreement is pro

Carpe tomorrow!