May – Week 4

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.


28th May 2017:

  1. A federal judge in Washington, DC, has dismissed a lawsuit against former US Secretary of State Hillary Clinton
  2. The US administration has come up with a novel idea of combating information leaks from the White House: the establishment of a special group that will counter media allegations of President Donald Trump’s ties with Russia and other controversies
  3. Amid the ever-growing tensions over the Korean peninsula, leader of the People’s Democratic Republic of North Korea (DPRK) Kim Jong Un ordered the mass production of the new anti-aircraft defense system that was tested under his personal guidance
  4. President Donald Trump has allegedly informed his confidants that the United States will withdraw from the Paris Agreement on climate change, as it threatens with the closure of factories and plants all over the country in the upcoming years
  5. UK Prime Minister Theresa May will set up a Commission for Countering Extremism in the wake of the deadly attack in the UK city of Manchester, local media reported
  6. Serbia’s outgoing President Nikolic will become the head of the newly-established National Council for Cooperation with Russia and China once his term in office expires on May 31st
  7. Some members of the group linked to Manchester attacker Salman Abedi are still potentially at large, UK Home Secretary Amber Rudd said
  8. Kiev has announced the adoption of a new energy strategy allowing them to completely abandon the use of anthracite coal by 2019. Experts warn that the strategy will increase Ukraine’s dependence on electricity from its aging Soviet-era nuclear power plants, and that the plants may not be able to withstand the increased pressure
  9. The boom in cryptocurrencies could end with a bust, but blockchain technology is here to stay



27th May 2017:

  1. Japanese Prime Minister Shinzo Abe and French President Emmanuel Macron discussed a number of international issues and agreed that Russian participation is highly important for resolution of international problems
  2. China hopes to strengthen its economic and trade ties with the US and plans to increase imports of energy, agricultural products, manufactured goods and services trade from the country, the Ministry of Commerce (MOFCOM) said
  3. UN Secretary-General’s Special Adviser for Cyprus Espen Barth Eide announced a halt in shuttle diplomacy aimed at reaching agreement between Greek and Turkish Cypriot leaders
  4. The White House may hire a team of lawyers to approve all of US President Donald Trump’s tweets before he posts them, US media reported
  5. As part of an effort to improve faltering vaccination rates in Germany, Berlin wants its kindergarteners to inform authorities if their parents haven’t taken them for vaccinations
  6. Palestinian President Mahmoud Abbas urged Jason Greenblatt, United States President Donald Trump’s envoy to the Middle East, to intervene to resolve the Palestinian prisoners’ hunger strike
  7. The Washington Post reported on Friday that US President Donald Trump’s son-in-law and advisor Jared Kushner discussed with Russian ambassador to the United States Sergey Kislyak the idea of creation of a secret Trump campaign-Moscow channel. The media outlet has not presented any evidence to support its claims
  8. An Israeli combat drone was downed in southwestern Syria after killing three Syrian soldiers, local media reported
  9. The International Monetary Fund has indicated that it will not release a new loan tranche to Ukraine until parliament approves controversial land privatization legislation and raises the retirement age
  10. According to joint communique of G7 meeting, members of forum are ready to cooperate with Moscow to resolve existing regional crises, despite the current disagreements between the sides
  11. G7 countries will work together and with other partners to tackle cyber attacks and mitigate their impact on critical infrastructures and the well-being of societies, according to the final communique of G7 summit in the Italian city of Taormina
  12. Turkey, which stopped a group of German lawmakers from visiting Bundeswehr troops at the Incirlik air base earlier this month, might be willing to let the deputies in after all
  13. Chairman of the Russian lower house of parliament’s international affairs committee said that reports about the alleged discussions between Russian Ambassador to the US and President Donald Trump’s adviser Jared Kushner about the possibility of establishing a communication channel between Trump’s team and the Kremlin cannot be taken seriously
  14. Recep Tayyip Erdogan said that Turkey and the European Union reached agreement on the year-long plan of actions to improve bilateral relations which had deteriorated in the wake of 2016 failed coup attempt in Turkey


26th May 2017:

  1. Russia’s envoy to NATO Alexander Grushko said that NATO’s decision to join anti-Daesh coalition led by the United States will not dramatically affect the counter-terrorism fight.
  2. US Attorney General Jeff Sessions announced on that the Department of Justice will seek review of the case regarding President Trump’s travel ban in the Supreme court to vigorously defend the power and duty of the Executive Branch
  3. US media reported based on unnamed sources that President Trump’s son-in-law and adviser, Jared Kushner, is now under investigation by the FBI as part of the Russia probe
  4. The US military losing track of billions of dollars’ worth of equipment meant for Iraq and Kuwait is typical of American overseas combat deployments, historian and retired US Army Major Todd Pierce said
  5. Polish President Andrzej Duda said that he had been promised a visit by Donald Trump, possibly at this July’s Three Sea summit in Wroclaw
  6. British law enforcement have resumed intelligence sharing with their American counterparts that was severed in connection to the leak of sensitive intelligence regarding the Manchester bombing
  7. British police announced on Friday morning they had made a tenth arrest in connection to the Manchester bombing that claimed lives of 22 people
  8. South Korea’s unification ministry approved the first civilian exchange with the North after Moon Jae-in became president this month
  9. The foreign ministers of Russia and China discussed bilateral cooperation on international affairs, which is a crucial component of the Russian-Chinese strategic partnership
  10. The policy implemented by the League of Arab States (the Arab League) becomes more and more independent from the United States, Russian Deputy Foreign Minister Mikhail Bogdanov said
  11. Russia intends to deepen its cooperation with the new South Korean leadership on the North Korean nucelar issue
  12. US President Donald Trump and Japanese Prime Minister Shinzo Abe agreed to step up sanctions against North Korea for its continued missile tests and nuclear program, the White House said in a press release
  13. The local development fund between China and Russia could contribute to the development of regions in the Russian Far East
  14. Belarus proposed to promptly establish a common market for gas, oil and petroleum products, Prime Minister Andrei Kobyakov said
  15. The FBI is probing an attempted cyberattack conducted from overseas against the Trump Organization, the corporation that includes US President Donald Trump’s private business ventures, US media reported
  16. The UK police have “got hold of a large part” of the terror network that perpetrated the terrorist attack in Manchester, National Counter Terrorism Policing (NaCTSO) head Mark Rowley said


25th May 2017:

  1. South Korean soldiers stationed alongside the Demilitarized Zone (DMZ) opened fire on an unidentified flying object crossing the border. Authorities say that the object was most likely a North Korean balloon carrying propaganda leaflets.
  2. The Ukrainian authorities are preparing to cut off rail passenger traffic with Russia in early July, a source close to Kiev officials told a Russian media outlet
  3. Russia has all the resources to break the chains of digital dependence on external powers
  4. Russia is making a big push in the communication sphere for business and government agencies by designing a universal, integrated system incorporating the best features of such messengers as Skype and WhatsApp and exceeding them in functionality and data protection thanks to a dramatically new approach
  5. There is no need for a legal framework agreement between the European Union and Russia for the construction of the Nord Stream 2 gas pipeline, according to a statement by the pipeline’s operating company
  6. The EU leaders are making efforts to overcome existing rifts in relations with Russia, Сypriot President Nicos Anastasiades said
  7. An additional plebiscite on Cyprus reunification might be possible if the solutions for security and territorial concerns are found at negotiations in Geneva, Сypriot President Nicos Anastasiades said
  8. Germany will not expand its part in the US-led coalition after the alliance formally joins it, German Chancellor Angela Merkel said
  9. US President Donald Trump said on Thursday that he is calling for the Department of Justice and other agencies to start a complete review of sensitive information leaks, according to a statement released by the White House
  10. The channels for information exchange between the security services of Russia and the United Kingdom on the subject of counterterrorism have been unilaterally blocked by London, Russian Foreign Ministry spokeswoman Maria Zakharova said
  11. Russia’s Central Bank suggests classifying cryptocurrencies as digital goods, Deputy CBR Governor Olga Skorobogatova said
  12. Following Monday’s terrorist attack at the Manchester Arena, the UK authorities are highly concerned with the large numbers of British citizens who have traveled abroad to join Daesh and are now returning back
  13. The United States continues to assist UK authorities’ investigation of the recent terror attack in Manchester, US Department of Homeland Security (DHS) Secretary John Kelly stated
  14. German foreign minister Sigmar Gabriel has accused Turkey of imposing an “entry ban” on the vice president of the German Parliament, Claudia Roth, in the highest profile intervention in the growing spat between the two countries
  15. US President Donald Trump’s senior adviser Jared Kushner and US envoy to the Middle East Jason Greenblatt may visit Israel and Palestine next week to learn more about current approaches of both sides to the settlement of the regional territorial conflict, the Palestinian ambassador to Russia said
  16. The Federal Bureau of Investigations notified the House Oversight Committee that it will not transfer documents regarding Russia probe to them



24th May 2017:

  1. Russian Foreign Ministry spokeswoman Maria Zakharova said that the mechanism that Washington and Moscow created for sharing data on the counterattacks under the Obama administration “has virtually never been used.”
  2. After US President Trump’s former adviser Michael Flynn invoked his Fifth Amendment right under the US Constitution not to provide data to Senate Intelligence Committee investigating his ties with Russian officials, the panel moved on to issue subpoenas to the businesses of the general, which cannot avert giving information to authorities
  3. The United States is trying to hamper the economic cooperation between Russia and North Korea and put severe pressure on Pyongyang using economic leverages, the North Korean Foreign Ministry said
  4. While a debate about a common EU army is still underway in Brussels, Berlin quietly started building it on its soil, Elizabeth Bro wrote for Foreign Policy. According to the author, divisions of Romanian, Czech and Dutch troops have already entered under Germany’s command
  5. Countries that want to participate in the joint Moscow-Ankara Turkish Sstream project may face “serious problems.” Washington is likely to create obstacles to the new ambitious energy project and will seek to prevent the emergence of yet another gas route from Russia to Europe
  6. Fearing China’s ambitious One Belt, One Road initiative, the US is aiming to revive two major infrastructure projects in South and Southeast Asia where India may play a key role
  7. Kiev is openly building up its military contingent along the separation line in Donbass, the Russian envoy to the Contact Group on Ukraine said
  8. Five Democratic members of the US House Financial Services Committee asked Deutsche Bank AG for details of President Donald Trump or his family’s loans and trades related to Russia, media reported
  9. The Chinese ambassador to the United Nations Liu Zeyi urged the United States, Japan and South Korea to start a dialogue with North Korea
  10. The US Federal Reserve has indicated that it may be appropriate to move with raising US interest rates soon, according to the minutes of the Federal Open Market Committee (FOMC)
  11. The US government’s shoddy tracking and record-keeping processes allowed $1 billion worth of military equipment to go missing from its assistance packages in Iraq, according to a new report
  12. A resolution to force President Donald Trump to release his tax returns to Congress was blocked by House Republicans.
  13. Following reports saying that US President Donald Trump leaked sensitive intelligence to Russian officials, the Israeli defense minister announced a change in the intelligence cooperation rules with Washington



23rd May 2017:

  1. Former associates of President Donald Trump have provided the US Senate Intelligence Committee with documents required under the Russia probe.
  2. Former Federal Bureau of Investigation (FBI) Director James Comey delayed his appearance before the House of Representatives Oversight Committee that was slated for Wednesday, US Congressman Jason Chaffetz said in a statement
  3. Denis Gonchar, the minister-counselor of the Russian Embassy in the United States, said that members of the Trump administration will take part in the upcoming St. Petersburg International Economic Forum (SPIEF) and that no pressure was put on American companies wishing to attend the event
  4. Turkish Ambassador to the United States Serdar Kilic accused Washington of establishing a partnership with a terrorist organization in the wake of the recent US decision to supply Syrian Kurdish forces with US arms
  5. The new French administration is now hesitant about following in the footsteps of other European nations in terms of reducing the share of nuclear power in the country’s energy production after taking into consideration the potentially high cost of the move
  6. Chinese Foreign Minister Wang Yi called on North Korea not to violate UN Security Council resolutions and adhere to the policy of denuclearization of the Korean Peninsula, the ministry said in a statement
  7. Daesh has relocated its headquarters from the northern Iraqi city of Mosul to the town of Hawija in the province of Kirkuk
  8. Egypt “is going to join” the Middle Eastern military alliance, informally known as Arab NATO, if it is created, but it doesn’t want the bloc to fight in Syria, Egyptian lawmaker Ahmed Ismail, a member of the parliamentary National Security and Defense Council, told Sputnik Persian.
  9. Berlin and Ankara are working on resolving the crisis around the Incirlik airbase after Turkey banned German lawmakers from visiting the base, German Ambassador to Turkey Martin Erdmann said
  10. The Joint Working Groups made up of representatives of the United States and the Cooperation Council for the Gulf Arab states will meet at least twice per year to work on combatting terrorism and other issues, the White House said in a statement
  11. The Turkish side confirmed that it had blocked the participation of Austria, which is non-NATO member, in several programs of the military alliance
  12. A representative of the Democratic Party of Kurdistan in Mosul, Said Mamuziny, said that the leader of Daesh, Abu Bakr al-Baghdadi, has escaped the Iraqi city of Mosul as the fall of the city nears
  13. Seoul and Pyongyang should hold bilateral talks concerning the growing nuclear threat emanated from North Korea, South Korean Nominee for Prime Minister Lee Nak-yon said
  14. Russia’s largest shipping company Sovcomflot has been steadily increasing the volume of energy shipments from companies in the United States, PAO Sovcomflot Senior Executive Vice-President Evgeny Ambrosov said



22nd May 2017:

  1. Philippine President Rodrigo Duterte on Monday will start his first official visit to Russia, which will last 5 days
  2. Russia’s Prime Minister Dmitry Medvedev will meet with Turkish leader to discuss key bilateral issues
  3. Donald Trump discussed with his Egyptian counterpart the issues of security and bilateral cooperation in various sphere
  4. Donald Trump held a meeting with Afghanistan’s leader to discuss security and fight against terrorism in the country
  5. Powerful warships, once the pride of the US Navy, now face retirement and replacements have not been identified
  6. Saudi Arabia and the United Arab Emirates reportedly pledged to contribute $100 million to the foundation proposed by Ivanka Trump
  7. Kazakh President Nursultan Nazarbayev expressed hope for the intensive development of relations with the United States
  8. Chinese President Xi Jinping asked US President Donald Trump in April for a period of 100 days to strengthen its sanctions against North Korea before Washington imposed any sanctions of its own on Chinese companies linked to Pyongyang, Japanese media reported
  9. Poland “cannot get involved” in hosting refugees as it would create a sort of “a social disaster,” with Warsaw restricted in its attempts to react to potential violence by refugees, Jaroslaw Kaczynski, the head of the ruling Law and Justice (PiS) party, said
  10. In what could be a major breakthrough to save millions of lives infected by the tuberculosis bacteria, Indian researchers have successfully reduced the TB bacteria up to 100 times using bergenin for 60 days in mice
  11. New evidence from the European Investigative Collaborations has exposed the fact that Malta is actively marketing itself as a pirate base for tax avoidance inside the EU, welcoming large companies and wealthy private clients who try to dodge taxes in their home countries
  12. Switzerland will phase out nuclear power from 2019, after 58 percent of voters in a referendum supported a switch to renewables
  13. Ankara has summoned the US ambassador over “aggressive and unprofessional” actions of US security officials during Recep Tayyip Erdogan’s visit to Washington
  14. Ousted National Security Adviser Michael Flynn invoked his right to refrain from self-incrimination, to avoid sharing documents with the Senate Intelligence Committee in their probe into alleged links between Donald Trump’s 2016 presidential campaign and foreign governments, sources have said