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April 26, 2024

The World is Smoldering:

Kim Jong Un Tests New Rockets to Strike Seoul and Perhaps Sell to Putin 
https://www.bloomberg.com/news/articles/2024-04-26/kim-jong-un-tests-new-rockets-to-strike-seoul-and-perhaps-sell-to-putin?srnd=politics-vp&sref=k5DuN3at
Leader Kim Jong Un oversaw tests of a new North Korean rocket system that could bolster his ability to attack Seoul and it may become a weapon he attempts to sell to Russia for use in its assault on Ukraine. 
Kim watched the test-fire of a 240 millimeter multiple rocket launcher with shells coming from a newly established arms producer that “would bring about a strategic change in bolstering up the artillery force of the Korean People’s Army,” the official Korean Central News Agency reported Friday.

 Egypt Sends Negotiators to Israel, Fearing Time Is Running Out for Rafah
https://www.wsj.com/world/middle-east/egypt-sends-negotiators-to-israel-fearing-time-is-running-out-for-rafah-91624dd4?mod=latest_headlines
Abbas Kamel, Egypt’s chief of general intelligence, is leading a delegation that was set to meet with David Barnea, the head of Israel’s Mossad intelligence agency, and an array of other top Israeli officials.
The talks are a last-minute attempt to negotiate a stop to the fighting in Gaza as Israel prepares to launch an assault on Rafah, a city on the Gaza Strip’s border with Egypt, where more than a million Palestinian civilians are sheltering in the vicinity. Israeli officials have said in recent days that they are moving forward with the offensive soon, without specifying the timing of the attack.
Egyptian officials familiar with the negotiations say the talks toward a hostage deal have little chance of success, but hope to use the meetings to buy time for the U.S. and regional powers to pressure Israel to pause its plans to attack Rafah.

Blinken Meets With Xi as U.S. Pressures China to End Support for Russia
Https://www.wsj.com/world/blinken-meets-with-xi-as-u-s-pressures-china-to-end-support-for-russia-96e831e0?mod=latest_headlines
Secretary of State Antony Blinken met with Chinese leader Xi Jinping on Friday as the U.S. urged Beijing to cut back on his nation’s extensive support for Russia’s defense industry. 

Copper Hits $10,000 a Ton as BHP Bid Shows Tight Supply Pipeline 
https://www.bloomberg.com/?sref=k5DuN3at
Copper hit $10,000 a ton for the first time in two years as speculation builds that the world’s mines will struggle to meet a coming wave of demand from green industries. The metal has reclaimed that threshold as a historic squeeze on supply of mined ores risks tilting the market into a major deficit, and investors turn increasingly optimistic about demand.

NATO chief chides China; Pentagon says weapons will reach Ukraine ‘within days’
https://www.cnbc.com/2024/04/26/live-updates-latest-news-on-russia-and-the-war-in-ukraine.html
The Pentagon says its deliveries of weapons from the latest U.S. support package for Kyiv are on their way and will arrive in the coming days, if not sooner. Russian officials have hit back at the news, saying the new arms provisions will harm the region’s security but will not bring Ukraine any closer to defeating Russia.
NATO Secretary-General Jens Stoltenberg had some strong words for China, saying Beijing must end its support for Russia’s war in Ukraine if it wants better relations with the West, and that it cannot have it “both ways.”

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