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🇹🇼🛫🇨🇳 Taiwan scrambled fighter jets on Monday as China made its largest incursion into the island nation’s air defense zone since January. China’s repeated military activities in the region are an example of what Taiwan calls "gray zone" warfare, aka provocations designed to both wear out forces by making them repeatedly scramble, and also to test defense responses.
🇮🇱🤝🇦🇪 Trade, secured: Israel and the UAE make a deal. The two countries penned a five-year, more than $10 billion free trade agreement yesterday, the largest ever between Israel and any Arab country. The two normalized relations with the Abraham Accords in August 2020.
🇨🇦🚫🔫 Canada says no guns. Prime Minister Justin Trudeau announced new regulations on Monday that would ban the sale, purchase, importation and transfer of handguns. Most owners of “military-style assault weapons” would also be required to turn over the firearms to a government buyback program. Dig deeper.
🇬🇧 And the UK says yes to some college grads. Did you attend any of these top fifty universities? If so, you’ll be able to apply for the UK’s new “High Potential Individual” visa program and live in the country without a job offer. The move is part of the British government’s reordering of its immigration policy toward a points-based system since leaving the EU in January 2021.
🏦 The Treasury Department announced that Russia will no longer be allowed to pay its debt holders through US banks starting yesterday, revoking a special license it had previously granted Moscow when sanctions were first implemented.
🌏 President Biden and leaders from a dozen other countries in the Indo-Pacific region announced a new economic initiative yesterday designed to counter China’s influence in the region.
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