June Week 2

These news updates are intended to provide an overview of daily news from media sources. To get our daily analysis and intel updates on financial and geopolitical events, you can subscribe to our premium podcast series.

18th June 2017:

  1. France has offered the United Kingdom its assistance in the investigation of the causes of the Grenfell Tower fire
  2. EU’s Economic and Financial Affairs Commissioner Pierre Moscovici said that the European Union would be “amicable and firm” with the United Kingdom in Brexit talks
  3. A special adviser to South Korean President Moon Jae-in said that if Pyongyang freezes its nuclear and missile development activities, Seoul in return may scale back its annual joint military exercises with the US
  4. The first ever visa free charter flight from Japan to Russia’s Southern Kuril Islands will commence on Monday
  5. The Main Street Patriots movement organized a protest against US media outlets’ coverage of news related to President Donald Trump
  6. German Foreign Minister Sigmar Gabriel believes that current US President Donald Trump should correct the mistakes in relations with Russia, which were made by his predecessor Barack Obama
  7. German police detained two men in the Stuttgart airport on suspicion of plotting a terrorist attack on board a plane en route to Bulgaria
  8. Iraqi Kurdistan expressed hope that the independence referendum, scheduled for late September, will mark the beginning of a comprehensive dialogue with Baghdad
  9. German Chancellor Angela Merkel is currently at 55% in the polls for the parliamentary election in September
  10. Rosneft whilst drilling a prospecting well on the shelf of the Khatanga Bay of the Laptev Sea found that the core is saturated with oil
  11. Qatar will continue to deliver gas to the UAE amid the current diplomatic crisis between Arab States with Doha



17th June 2017:

  1. The Japanese Coast Guard has confirmed that seven US Navy ship members have not been accounted for, following a crash between the USS Fitzgerald and a 29,000 ton-Philippine merchant ship
  2. Robert Mueller added 13 attorneys to his staff to assist his ongoing investigation into possible links between US President Donald Trump and Russian operatives as well as possible money laundering by Trump or people in his inner circle
  3. Cuban authorities have warned Donald Trump that the reversal of the US policy toward the Caribbean island nation would fail
  4. Vladimir Putin said he did not believe in the theory that implicates US intelligence agencies in the deadly 9/11 attack in New York
  5. At least 700 Daesh militants have been killed in the eastern Afghan province of Nangarhar in the last three months



16th June 2017:

  1. EU’s bailout fund, will disburse 7.7 billion euros next month to help debt-ridden Greece meet its July obligations
  2. Vladimir Putin said that the United States always interfered in Russian elections, doing so especially aggressively in 2012
  3. US Special Counsel Robert Mueller is looking into business dealings of President Donald Trump’s son-in-law and his senior adviser Jared Kushner related to the Russia probe
  4. The Russian Defense Ministry stated that the Russian aerospace forces’ strike conducted on May 28, allegedly killed Daesh leader Abu Bakr Al-Baghdadi south of Raqqa. Verification is ongoing.
  5. Despite the food embargo imposed by Saudi Arabia on Qatar after Riyadh and its allies accused Doha of alleged support for terrorism, there seem to be no food shortages there
  6. Russian Foreign Minister Sergei Lavrov met in Moscow with UAE State Minister Sultan Jaber to discuss the Qatar diplomatic row among other issues
  7. President Donald Trump’s transition team was told to maintain any records related to the investigation into alleged Russian interference in the 2016 US election, according to a memorandum from transition team lawyer Kory Langhofer
  8. US Deputy Attorney General Rod Rosenstein told colleagues that he may need to recuse himself from the investigation into Russia’s alleged meddling in the 2016 presidential election
  9. The decision of President Donald Trump to tighten US policy toward Cuba is a favour to a small group of influential congressmen, US Senator Patrick Leahy said in a statement
  10. US Secretary of Defense James Mattis has made no decisions on increasing US troops in Afghanistan, contrary to media reports, US Department of Defense chief spokesperson Dana White said
  11. Two US warships have arrived at the port in Doha for joint exercises. Moreover, the defense ministers of the US and Qatar have signed agreements on the supply of 36 F-15 fighters for $12 billion.
  12. The State Department said that the Secretary of State Rex Tillerson called off a planned trip to Mexico next week to focus his efforts on resolving a crisis between Qatar and other Arab states



15th June 2017:

  1. US Special Counsel Robert Mueller is reportedly widening the investigation to determine whether President Donald Trump attempted to obstruct justice
  2. Russian President Vladimir Putin said that CIA closely monitored Ukraine in 2014
  3. Vladimir Putin said that former Israeli Prime Minister Ariel Sharon had warned him not to trust anyone in the Middle East
  4. Jeh Johnson will deliver his testimony to the House Intelligence Committee in a public hearing next Wednesday
  5. The Ukrainian Finance Minister stated that International Monetary Fund will consider in the Summer/Autumn of 2017 the issue of granting Ukraine its next loan tranche.
  6. The WikiLeaks whistleblowing website published documents from the CherryBlossom project of the CIA, focussing on exploitation of Wi-Fi devices vulnerabilities
  7. Moscow will not sever ties with Kurds, President Putin said lauding Kurdish fighters’ contribution to the fight against terrorism
  8. The US has sanctioned a financial operator for the Daesh terrorist group.
  9. It has been revealed that BAE Systems, the UK’s biggest arms company, secretly sold mass surveillance technology to six governments in the Middle East
  10. After late-night top-secret deliveries helped install the US’ controversial Terminal High Altitude Area Defense system (THAAD) on a South Korean golf course, residents of Seongju County have been stopping vehicles heading for the deployment site and checking to see if people are bringing additional parts
  11. The US Department of State spokesperson Heather Nauert said that the United States has no plans to introduce any new deals to settle the Ukrainian conflict
  12. The State Department said Rex Tillerson and Defense Secretary Jim Mattis will welcome senior Chinese officials to Washington next week for the first US-China Diplomatic and Security Dialogue



14th June 2017:

  1. Deputy Chief of Staff of the Iranian Armed Forces Brig. Gen. Massoud Jazayeri said that Daesh staged attacks in the region under the guidance and with the support of the United States and Saudi Arabia
  2. The European Commission Vice-President for the Euro and Social Dialogue said that Greece has received almost 11 billion euros from various EU funds since 2015 for economic development apart from loans
  3. The Egyptian parliament committee on the legislative and constitutional affairs backed the maritime borders deal transferring two Egyptian islands in the Red Sea to Saudi Arabia
  4. UAE Ambassador to the United States Yousef Al Otaiba said that the United States should remove its airbase from Qatar as it acts as an insurance against action being taken against Doha amid ongoing diplomatic crisis
  5. Nearly 50 settlements joined the nationwide ceasefire regime in Syria over the past 24 hours in the Idlib province, according to the Russian Defense Ministry
  6. The global economy is running out of safe haven assets amid the slowing pace of government borrowing in the advanced economies, while emerging market government bonds are not quite as appealing yet, meaning the next economic crisis could wipe out far more wealth than the one which hit world financial markets in 2007-2009
  7. India is concerned that the free movement regime (FMR) between India and Myanmar is being misused by terrorists to smuggle arms and drugs across the porous border between the two countries
  8. The de-escalation zones established by Russia, Iran and Turkey in Syria have led to “a discernible reduction in levels of violence”, a UN commission said
  9. The Finnish Security Intelligence Service (SUPO) has reportedly raised the terrorism threat level in the country from “low” to “elevated”
  10. Vladimir Putin has issued a presidential order approving the signing of the Shanghai Cooperation Organization’s Convention on Combating Extremism.
  11. Ever since 2004, the US has carried out drone strikes across the Middle East and Africa, often far away from official theatre of war. Leaders have admitted to killing thousands, many of them innocent women and children although a report now suggests up to 80 percent of drone strikes have gone unacknowledged and unreported by officials
  12. Macedonian Foreign Minister stated that countries accession to the European Union and NATO is their main priority
  13. 30 members of the United States Senate and 166 members of the United States House of Representatives have filed a lawsuit against US President Donald Trump accusing him of alleged violations of the country’s constitution.
  14. European Commission is to introduce additional trade preferences to Ukraine
  15. A North Korean soldier defected to the South after crossing the demilitarized zone (DMZ), the heavily fortified border that has divided the two Koreas for nearly 65 years


13th June 2017:

  1. Saudi Arabia has introduced a new tax on cigarettes and energy drinks that has led to a 100-percent price hike, as the kingdom continues to struggle with falling oil prices
  2. Former NSA senior analyst and whistleblower William Binney said that James Comey could legally be jailed for up to 35 years for admitting in a congressional testimony last week that he had deliberately leaked a confidential conversation with President Donald Trump
  3. China’s central government has allocated another 30.7 billion yuan (about 4.52 billion US dollars) in funding to help people living in poverty, the finance ministry said
  4. Russian President Vladimir Putin said that the United States supported terrorists in Russia’s Chechnya Republic both financially and via political means, when Russian troops had been engaged in counterterrorism operations in the region
  5. Israel’s intelligence community provided the United States with information that indicated that Daesh was planning to use explosives concealed as laptop batteries to commit attacks in airports and on aircraft
  6. According to media reports, South Korea has found a crashed small North Korean camera-equipped drone after it spied on the US Terminal High Altitude Area Defense
  7. The EU is planning to work out a mechanism which will allow law enforcement bodies to receive evidence directly from tech companies, such as Facebook or Google, even when stored in another European country.
  8. Sources familiar with EU-UK Brexit talks confirmed that the United Kingdom may continue receiving farm aid from the European Union for its poorer regions until the end of 2020
  9. Ukraine’s once-proud metallurgical industry, previously accounting for 10-13% of the country’s GDP, and providing up to 40% of the country’s export earnings, is facing a severe crisis. The latest figures show production of steel, rolled metal and iron down 18-22% in the first five months of 2017
  10. The Saudi foreign minister assured US Secretary of State Rex Tillerson that Qatar was not blockaded
  11. Newly proposed US sanctions against Russia would restrict debt dealings with Russian banks and energy companies to 14 days and 30 days, respectively, the text of the legislation showed
  12. Vladimir Putin and Mohammed Al Nahyan. the Crown Prince of Abu Dhabi, discussed in a phone call the deterioration of the situation around Qatar


12th June 2017:

  1. The Kingdom of Morocco has offered its help in establishing a free and comprehensive dialogue between the parties in the Qatar diplomatic crisis
  2. A flotilla of Iranian warships has departed for the Gulf of Oman amid the ongoing diplomatic crisis on the Arabian Peninsula
  3. Pyongyang has suggested that Washington can expect a North Korean ICBM test missile launch in the not-too-distant future.
  4. A Saudi serviceman was killed in an attack on a patrol unit in the east of the Gulf kingdom
  5. Russia’s Central Election Commission and France’s Interior Ministry are considering cooperation in the area of election technologies, CEC member Vasily Likhachev said
  6. The Indian government is set to announce the scrapping of defense deals worth more than $3 billion of naval helicopters, armored recovery vehicles and torpedoes, in favour of a ‘Make in India’ program
  7. The Ankara Public Prosecutor’s Office said that it had identified five suspects connected to the assassination of Russian Ambassador Andrei Karlov carried out by off-duty Turkish police officer Mevlut Mert Altintas in December 2016
  8. The Polish Defense Ministry said it had addressed the country’s prosecutor’s office to investigate the activities of the previous Polish commission on the crash of the 2010 Tu-154 plane that killed then-president of Poland Lech Kaczynski
  9. Belgium has declined 75 percent of all asylum applications it received in the first five months of 2017
  10. MEPs voted on proposals to stamp out multinational tax evasion following the Luxleaks, Panama Papers and Bahama Leaks scandals, but critics say the proposals leave too many loopholes.
  11. Iraqi Daesh terrorist group leader Marwan Ibrahim Hussayn Tah al-Azawi and al-Qaeda-linked group Majelis Mujahidin Indonesia were sanctioned by Washington, according to a statement by the US Department of State
  12. Having imposed a ban on the activity of Jehovah’s Witnesses in the country, Russian authorities have turned their attention to the Church of Scientology, as law enforcement agents conducted a search of the group’s premises in St. Petersburg
  13. The Ninth Circuit Court of Appeals upheld an injunction on US President Donald Trump’s second executive order on immigration
  14. A total of 923 people died in Yemen of the cholera outbreak in the country since April 27th, according to a statement by the World Health Organization (WHO) in Yemen