Why Latin America is on edge


IRAN
The US and Iran have again exchanged fire in their second tit-for-tat in three days. Meanwhile, President Trump has dismissed Iranian claims of an imminent deal that’d restore Hormuz traffic under joint Iranian-Omani oversight. (EuroNews)
SOUTH KOREA
Seoul has unveiled its first formal plan to develop its own nuclear-powered attack subs, using low-enriched uranium to comply with non-proliferation rules. (Reuters)
KAZAKHSTAN
The Kazakh national railway operator (KTZ) is planning an IPO this year with triple-listings in London, Hong Kong, and Kazakhstan. (Central Asian Times)
THAILAND
Vietnam’s Tô Lâm is in Bangkok this week, signing a new 2026-31 action plan across defence, intelligence, supply chains, green energy, and beyond. (Bloomberg $)
CHINA
Benchmark aluminium prices have now hit their highest levels in four years. (mining.com)
UNITED STATES
The FBI has arrested former CIA official David Rush after finding $40M of gold plus dozens of luxury watches stashed in his Virginia home! He reportedly told investigators the gold was for “work-related expenses” (that’s a lot of taxis?), and now also faces claims he’s been lying about his credentials. (NBC)
DR CONGO
The Bundibugyo strain has now spread beyond its initial eastern DRC hotspot into turf now held by rebels like the Rwanda-backed M23, plus over into neighbouring Uganda. In response, Uganda has now closed parts of its border, while both the US and Canada have restricted entry from DRC, Uganda, and South Sudan. (BI Africa)
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21 May

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