Andrew Sheves Good morning.
🇹🇼** Taiwan Recall Election Fails, Boosts China**
All 24 Kuomintang lawmakers survived recall elections in Taiwan, dealing a blow to President Lai Ching-te’s Democratic Progressive Party and preserving the opposition’s 62-51 legislative majority that blocks defense spending increases. The landslide defeat hands Beijing new ammunition to claim Lai lacks popular support, with China’s Taiwan Affairs Office saying the results show the DPP’s “political manipulation” lacks backing. Analysts warn the outcome may embolden Beijing’s pressure campaign while removing incentives for opposition lawmakers to moderate positions on military spending that Trump has demanded Taiwan increase for US protection. More - Bloomberg
🇪🇺** 🇺🇸 EU-US Trade Deal**
The EU and US agreed a trade deal imposing 15% tariffs on European exports to America after “tough negotiations” between Trump and European Commission President Ursula von der Leyen at Trump’s Scottish golf course. The agreement includes EU commitments to boost US investment by $600 billion, purchase hundreds of billions in American military equipment, and spend $750 billion on US energy including liquified natural gas to reduce European reliance on Russian power sources. The deal represents a compromise for both sides, with the EU avoiding worse tariffs while the US expects roughly $90 billion in tariff revenue plus massive investment inflows. More - BBC
Global Stability Ratings
🇦🇫 Afghanistan is Unstable
🇦🇱 Albania is Weak
🇩🇿 Algeria is Weak
🇦🇩 Andorra is Stable
🇦🇴 Angola is Weak
🇦🇬 Antigua and Barbuda is Stable
🇦🇷 Argentina is Weak
🇦🇲 Armenia is Weak
🇦🇺 Australia is Stable
🇦🇹 Austria is Stable
🇦🇿 Azerbaijan is Weak
🇧🇭 Bahrain is Weak
🇧🇩 Bangladesh is Weak
🇧🇧 Barbados is Stable
🇧🇾 Belarus is Unstable
🇧🇪 Belgium is Weak
🇧🇿 Belize is Weak
🇧🇯 Benin is Weak
🇧🇹 Bhutan is Stable
🇧🇴 Bolivia is Weak
🇧🇦 Bosnia and Herzegovina is Weak
🇧🇼 Botswana is Stable
🇧🇷 Brazil is Weak
🇧🇳 Brunei is Stable
🇧🇬 Bulgaria is Weak
🇧🇫 Burkina Faso is Unstable
🇧🇮 Burundi is Weak
🇰🇭 Cambodia is Weak
🇨🇲 Cameroon is Weak
🇨🇦 Canada is Weak
🇨🇻 Cape Verde is Stable
🇨🇫 Central African Republic is Unstable
🇹🇩 Chad is Unstable
🇨🇱 Chile is Stable
🇨🇳 China is Stable
🇨🇴 Colombia is Weak
🇰🇲 Comoros is Weak
🇨🇷 Costa Rica is Stable
🇭🇷 Croatia is Stable
🇨🇺 Cuba is Weak
🇨🇾 Cyprus is Stable
🇨🇿 Czech Republic is Stable
🇨🇩 Democratic Republic Of The Congo is Unstable
🇩🇰 Denmark is Stable
🇩🇯 Djibouti is Weak
🇩🇲 Dominica is Stable
🇩🇴 Dominican Republic is Weak
🇹🇱 East Timor is Stable
🇪🇨 Ecuador is Weak
🇪🇬 Egypt is Weak
🇸🇻 El Salvador is Unstable
🇬🇶 Equatorial Guinea is Unstable
🇪🇷 Eritrea is Unstable
🇪🇪 Estonia is Stable
🇸🇿 Eswatini is Weak
🇪🇹 Ethiopia is Weak
🇫🇲 Federated States of Micronesia is Stable
🇫🇯 Fiji is Stable
🇫🇮 Finland is Stable
🇫🇷 France is Weak
🇬🇦 Gabon is Unstable
🇬🇪 Georgia is Weak
🇩🇪 Germany is Stable
🇬🇭 Ghana is Stable
🇬🇷 Greece is Weak
🇬🇩 Grenada is Stable
🇬🇹 Guatemala is Weak
🇬🇳 Guinea is Unstable
🇬🇼 Guinea-Bissau is Unstable
🇬🇾 Guyana is Stable
🇭🇹 Haiti is Unstable
🇭🇳 Honduras is Unstable
🇭🇺 Hungary is Weak
🇮🇸 Iceland is Stable
🇮🇳 India is Stable
🇮🇩 Indonesia is Weak
🇮🇷 Iran is Weak
🇮🇶 Iraq is Unstable
🇮🇪
Carpe tomorrow!