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How we dodged the oil-pocalypse

29 June5 min read
Cartoon of oil trying to break through a door

With the US and Iran again trading fire over the weekend then hitting pause before markets re-open, this could be the world's first war to follow Roxbury opening hours.

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Latest news
  1. 01

    CHINA

    2-track economy.

    Several respected Beijing advisers have used the weekend’s annual China Macroeconomy Forum to sound the alarm over China’s fractured growth, with a tech boom failing to lift consumer demand from its deflationary spiral. (Bloomberg $)

  2. 02

    AUSTRALIA

    Deal, at last.

    After some false-starts, Vanuatu has finally signed a strategic pact with Australia, reaffirming Canberra (rather than Beijing) as the island nation’s top partner. (ABC)

  3. 03

    UNITED STATES

    Mythos back?

    After a two-week standoff between Anthropic and DC, the Trump administration has now allowed the US AI pioneer to release its Mythos 5 cybersecurity model to a select group of 100 US corporations and federal agencies. Fable 5 is still restricted. (CNBC)

  4. 04

    SERBIA

    President resigns.

    President Vucic has announced he’ll resign within weeks in a bid to “resolve political instability”, after a deadly railway station collapse in 2024 triggered rolling anti-government protests. (Politico)

  5. 05

    CHINA

    Plane hits skyscraper.

    Days after Friday’s strange incident of a light aircraft crashing into Beijing’s tallest building (the 108-story CITIC tower), there’s still no confirmation around the pilot’s identity or possible motives. The only official statement has been a brief city-level note that the pilot is dead and another 13 are injured. (AP)

  6. 06

    BOLIVIA

    Peg your pardon.

    With Bolivia’s historic protests and blockades now easing after President Paz agreed to withdraw proposed land reforms, his government has announced it’ll remove its USD peg, switching instead to a flexible exchange. It’s part of negotiations for $2.5B in IMF financing to help course-correct amid a deep economic crisis. (Reuters)

  7. 07

    UGANDA

    Press the press.

    The president’s son and head of Uganda’s military, Muhoozi Kainerugaba, has ordered the shuttering of the country’s two biggest media companies. (Al Jazeera)

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