🇸🇦📞🇺🇸 — 📰 Reuters: Stop Israel from bombing Iran's oil sites, Gulf states urge US

➡️ Gulf states are lobbying Washington to stop Israel from attacking Iran's oil sites because they are concerned their own oil facilities could come under fire from Tehran's proxies if the conflict escalates, three Gulf sources told Reuters.

➡️ Israel has promised Iran will pay for its missile attack last week while Tehran has said any retaliation would be met with vast destruction, raising fears of a wider war in the region that could suck in the United States.

➡️ The moves by the Gulf states come after a diplomatic push by non-Arab Shi'ite Iran to persuade its Sunni Gulf neighbours to use their influence with Washington amid rising concerns Israel could target Iran's oil production facilities.

🔗 Link

🇸🇦📞🇺🇸 — Reuters regarding the Israeli-Iranian tensions:

➡️ As part of their attempts to avoid being caught in the crossfire, Gulf states including Saudi Arabia, the United Arab Emirates and Qatar are also refusing to let Israel fly over their airspace for any attack on Iran and have conveyed this to Washington, the three sources close to government circles said.

🔗 Link

🇮🇷❌🇮🇱🇸🇦 — Reuters regarding the Israeli-Iranian tensions:

➡️ During meetings this week, Iran warned Saudi Arabia it could not guarantee the safety of the Gulf kingdom's oil facilities if Israel were given any assistance in carrying out an attack, a senior Iranian official and an Iranian diplomat told Reuters.

📝 Ali Shihabi, a Saudi analyst close to the Saudi royal court, said:

"The Iranians have stated: 'If the Gulf states open up their airspace to Israel, that would be an act of war'."

🔗 Link

🇮🇷❌🇮🇱🇸🇦 — 📰 Wall Street journal: Iran’s Secret Warning to U.S. Allies: Don’t Help Israel, or You’re Next

Tehran is threatening in secret diplomatic backchannels to target the oil-rich Arab Gulf states and other American allies in the Middle East if their territories or airspace are used for an attack on Iran, said Arab officials.

➡️ Israel has threatened Tehran with a severe reprisal after Iran fired about 180 ballistic missiles at Israel earlier this month, with some Israeli officials and commentators pushing for damaging strikes on Tehran’s nuclear facilities or oil infrastructure.

➡️ In that event, Iran has warned it would respond with devastating hits on Israel’s civilian infrastructure, and would retaliate against any Arab state that facilitated the attack, the officials said.

➡️ The Arab officials said the countries that Iran has threatened include Jordan, the United Arab Emirates, Saudi Arabia and Qatar, all of which host U.S. troops.

➡️ These states have told the Biden administration that they don’t want their military infrastructure or airspace to be used by the U.S. or Israel for any offensive operations against Iran, the officials said.

🔗 Link
https://archive.is/okSKm

🇨🇳📉❓🇯🇵🖨📈 Japanese bonds trade lower than China's for the first time ever

🔶 Japanese 30 year government bonds now yield more interest than Chinese 10 year bonds.

🔶 Deflationary conditions have rocked China's economy as the PBoC has refused to devalue the Yuan, a move historically done to maintain Chinese industrial competitiveness.

🔶 Chinese officials and central bank authorities unleashed strong domestic stimulus shortly after the US Fed cut rates in September in hopes of lifting the Chinese economy and Chinese stock prices.

🔶 Beijing has been reluctant to stimulate its economy or devalue the Yuan, as devaluation would damage the Yuan's nascent attempt at becoming a credible reserve currency overseas.

🔶 At the same time, Japan has finally seen a whiff of inflation not seen since the 1980s. This has put the Bank of Japan on its current path of rate hikes, while the rest of the world, and especially China, are on a path of rate cuts and disinflation.

🔶 This is likely due to Japan running out of workers now outweighing depressed spending caused by an older population skew.

🔶 Similar to Europe a decade ago, China is now experiencing its first wave of mass retirement, while the baby bust has not yet fully caught up to drastically erode the size of the Chinese labor force.

@CIG_Telegram

🛢🗺🗺Immensely detailed Middle East oil asset map and infographic from @SPGCI

https://x.com/Rory_Johnston/status/1844455974129856674

@FelipeChannel

🇰🇵❌🇰🇷❗️ — North Korean State media reports that South Korean drones have flown into the North Korean Capital, Pyongyang over the past hours and dropped Anti-Communist leaflets for the local population

➡️ North Korea say this requires retaliatory action and forceful action

➡️ The South Korean military states it wasn't their drones

➡️ South Korean Anti-Communist & nationalist activist groups, however, have not commented yet. It is known that some civilian groups in South Korea have a history of flying leaflets into North Korea via large balloons calling on North Korean population to rise up against the Juche Regime

➡️ Via its state media (the only allowed in DPRK), North Korea released a footage that they believe are drone(s) over Pyongyang.

🔗 InsideNK/GeoPolitics (@inside_nk)

🇰🇵❌🇰🇷❗️ — North Korean State Media, KCNA:

The Foreign Ministry of the Democratic People's Republic of Korea on Friday issued the following crucial statement "The trigger for defending sovereignty and security will be pulled up without hesitation":

➡️ The ROK (South Korean) is crossing the red line in its provocation against the Democratic People's Republic of Korea.

➡️ The most hostile and malicious rogue state, the ROK, committed such a grave political and military provocation as infiltrating drones into Pyongyang, the capital city of the DPRK.

➡️ Drone infiltrations were conducted by the ROK on October 3 and 9. They were followed by perpetration of such a hideous crime as scattering a huge number of anti-DPRK smear leaflets over the central part of Pyongyang through a midnight drone infiltration on October 10.

🇰🇵❌🇰🇷❗️ — 🇰🇵 North Korean State Media, KCNA says that Korean People's Army placed all military means at the Border in Maximum Combat Readiness!

➡️ First, all the offensive means of the DPRK, to be involved in getting the military structures near the southern border and in the ROK collapsed, will get ready to carry out their activities promptly at any moment.

➡️ The stand expressed by our head of state some days ago that the DPRK has no intention to attack the ROK, does not mean that we are not ready to attack the ROK.

➡️ With the possibility of using all means of attack in readiness, we seriously warn the ROK as an ultimatum again to the last.

➡️ The ROK should immediately stop such irresponsible and dangerous provocation that may cause an armed conflict and lead to a war between the two sides.

➡️ If the ROK commits such a provocation as infiltrating a drone into airspace of the DPRK once again, the DPRK will launch an action immediately without any warning.

➡️ Taking this opportunity, we make it clear once again that the source and cause of all these disasters making the world people uneasy are in the ROK which has scattered political agitation scum into our inviolable territory despite our repeated warnings.

➡️ The ROK, which wantonly violated the inviolable sovereignty of the DPRK, will face a horrible situation if it continues provocations, not bearing in mind this last warning of the DPRK.

➡️ The trigger safety device is now off.

➡️ The time for our attack is not decided by us.

➡️ We will watch everything in full preparedness.

➡️ Criminals should no longer gamble at risk for the lives of their people.

🔗 Link

💰 TRON Founder, Justin Sun, has been elected as the prime minister of the micronation, Liberland.

https://x.com/Cointelegraph/status/1844414512331633044

@FelipeChannel

🇵🇾⏰🕔 Paraguay adopting Summer time, probably for good

Paraguay is to return to Time Zone GMT-3 on the first Sunday of October each year. But this time around the change might become permanent, as President Santiago Peña said Friday he had no problem signing into law the newly passed bill by Congress for the so-called daylight saving time to become effective. “We do not find any reason not to do so,” the head of state pointed out.

“Sunday is the time change to summer time and based on this law, which has been widely debated, it is not a new issue. Of course, there are voices in favor and there are voices against,” he added. “I particularly believe that maintaining a time zone throughout the year ... will also help to simplify many things,” he told reporters.

https://en.mercopress.com/2024/10/05/paraguay-adopting-summer-time-probably-for-good

@FelipeChannel

🇨🇳 - China to issue special treasury bonds to stimulate economy