🇷🇺🇮🇩 Russia looks to base strategic assets in Indonesia

Reports are now surfacing that Russia has requested basing for long-range strategic bombers in Indonesia

The Russian request for such a deal, which Australian officials say has yet to be decided on, would put Russian strike assets, and presumably Chinese as well, within range of key U.S. and partner nation installations.

While the move is alarming to both U.S. and regional decision-makers, it could be said that it isn’t an unexpected development. Indonesia is abreast of a key maritime choke point and is in close proximity to Australia, who has deepened military-to-military cooperation with the U.S., drawing protests from both China and Russia.

Sino-Russian military-to-military cooperation has increased exponentially since the start of the war in Ukraine. Nowhere has this been more clear than in the Western Pacific, where Russia has made notable strides toward not only enlarging but also modernizing its long-neglected Pacific Fleet.

🔗 OSINTdefender

📉🇺🇸🇪🇺 The S&P 500 turns negative as the EU says tariffs will remain with little progress made in tariff talks.

🔗 The Kobeissi Letter

📈 Gold fund net inflows have hit a record $80 BILLION year-to-date.

This is 2 TIMES more than the previous high set in the full year 2020.

Investors are pouring money into gold at a record pace as the market uncertainty has skyrocketed.

As a result, gold prices have rallied 22% year-to-date and have outperformed every other major asset class.

Gold prices have also hit 52 all-time highs over the last year, posting the best streak in 12 years.

Gold is the global safe haven.

🔗 The Kobeissi Letter

🇷🇺🇮🇩 Russia Eyes Papua Airbase Near Australia

Russia plans to establish its first airbase in the Pacific Ocean and wants to place its military aircraft near key U.S. and Australian facilities

The airbase will be located in the province of Papua, Indonesia.

🇦🇺 Australia sounds the alarm: Prime Minister Anthony Albanese stated that Canberra is awaiting clarification from Indonesia.

🔗 NEXTA

🇨🇳📞🇧🇳 — Communist China Supreme Leader Xi Jinping calls for early signing of upgrade protocol of China-ASEAN Free Trade Area: PRC State media Xinhua says

🇺🇸❌🇨🇳❗️ — The White House announces that China is now facing up to 245% tariff as a result of its retaliatory actions against the U.S.

The 245% is specifically targeting medical syringes and electrical cars

🇵🇷⚡️📉 — Puerto Rico, a US overseas territory in Caribbean sea, hit by island-wide power outage

🇺🇸❌🇮🇷🛢❗️ — United States Secretary of Treasury Scott Bessent announces the start of Maximum Pressure against Iranian Regime's oil energy sales!

The Trump Administration has made one thing clear:

We will apply maximum pressure on Iran and disrupt the regime’s oil supply chain and exports, which support terrorist proxies and partners.

Any refinery, company, or broker that chooses to purchase Iranian oil or facilitate Iran’s oil trade places itself at serious risk.

We are prepared to take all actions available to get Iran’s energy exports down to zero, where they belong, and keep Americans safe.

https://fxtwitter.com/SecScottBessent/status/1912580190070563006

🇪🇺🤝🇽🇰🇧🇩🇨🇴🇪🇬🇮🇳🇲🇦🇹🇳 European Commission issues proposed list of safe countries of origin

The European Commission has proposed the creation of an EU-wide list of safe countries of origin to accelerate asylum procedures across the European Union.

On Wednesday, the commission announced that asylum applications from nationals of Kosovo, Bangladesh, Colombia, Egypt, India, Morocco and Tunisia will be processed more swiftly.

The proposal still requires approval from both the European Parliament and EU member states.

Under the new plan, member states would also be allowed to designate countries of origin as safe earlier in the asylum process than currently permitted.

This would enable the use of fast-track procedures or border procedures for applicants from these countries.

The commission envisions this option in cases where the average recognition rate for asylum applications from a given country is 20% or lower.

Full article here below 👇👇👇

https://www.yahoo.com/news/european-commission-issues-proposed-list-154330927.html

@FelipeChannel