Geopolitical and Diplomatic Developments

Leaders from various nations, including Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, and Turkish President Erdoğan, are in China for a security summit. During the event, Chinese President Xi Jinping criticized a "Cold War mentality," while Putin blamed the West for the war in Ukraine.

There's an ongoing focus on the effects of new U.S. tariffs, particularly a 50% tariff on Indian imports, which has caused a decline in Indian markets.

In the Middle East, a recent Israeli airstrike reportedly killed a Houthi prime minister in Yemen, and Israeli military operations are ongoing in Gaza.

A humanitarian flotilla has set sail from Barcelona in a new attempt to break the Israeli blockade of Gaza.