this is for 10% tariffs, so China is not included.

🇹🇷🇮🇱 - Not surprised that Turkey is negotiating with Israel over Syria. It was obvious no one would let the Turks just have a base near Daraa and say "fine".

🇨🇳🇵🇭🇹🇼⚡- Romeo Brawner Jr., Philippine Chief of Staff, says the Philippines would inevitably get involved in a China-Taiwan conflict.

🇨🇳⚡- China's Ministry of Commerce emergency meeting continues into its second day, the meeting was in response to recent trade developments, and called for safeguarding national sovereignty, security and development interests. Several senior Chinese officials were in attendance.

🇨🇦 - My take on the Canadian election.

Carney will win a majority.

He will likely give Alberta stuff it wants, which will keep the country together along with him winning a majority in Quebec.

Political risk will decrease, which will then allow Carney to negotiate with Trump more freely.

🇪🇺🇺🇸 -

The official version is that 2.5 million French people (often those who have qualified jobs in France) have left.

In reality, if we assume that the rate of people leaving France declaring their departure to the French consulate is the same than for third world countries, it could be up to 5.8 millions in a worst case scenario.

🇺🇸🇮🇱 -

🇸🇩 - 👀

🇦🇲🇮🇷 - Armenia-Iran exercices.

🇸🇾🇰🇷 - A South Korean delegation arrived in Damascus, Syria.

🇭🇷 - For a country like Croatia, Brussels should take what it can take from the brain drain, give the gibs people needs to have out there in Croatia, and shut up.

Why?

Because having mass migration in a country like Croatia is playing with fire, with the consequences in case of an "electoral accident" in the Balkan region possibly lasting decades.

EU leaders are planning to travel to Beijing for a summit with Chinese President Xi Jinping in late July.

Source: SCMP

🇺🇸🇵🇦 - US troops will be able to deploy to a string of facilities along the Panama Canal under a joint deal seen by AFP Thursday.

🇩🇪 - Boris Pistorius expected to remain Defense Minister under new German govt, Armin Laschet considered for foreign minister.

🇫🇷 - French parliament adopt crime bill which would, among other things, allows for criminals to lose access to social housing.

🇩🇪 - Germany to lower business taxes from 15 to 10%, to lower the number of civil servants (outside of security services) by 8% and to lower taxes on electricity.