This week, Israel initiated its full ground invasion of Gaza City, while the United Arab Emirates and other Arab states warned they may reconsider their diplomatic ties with Israel. In the Indo-Pacific, the U.S. and China agreed on a framework deal regarding the sale of Chinese social media app TikTok, extending its deadline, while China ordered its companies to stop buying microchips from U.S. chipmaker Nvidia. In the Russia/Ukraine conflict, U.S. President Donald Trump pressured European nations to suspend all energy imports from Russia, while Polish defense officials announced a joint cooperation initiative with Ukraine on countering drone attacks following last week’s incursion by Russian drones into Polish airspace. In the U.S., the Federal Reserve announced it would be cutting interest rates, with more cuts expected before the end of the year.
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