Our Monday morning stroll around the world

🇮🇱 President Biden warned Israel that invading the Gazan city of Rafah would cross a “red line.” In an MSNBC interview on Saturday, Biden said US officials are cautioning Israel against a direct attack on Rafah, since they doubt Israel’s ability to move the civilian population out of harm’s way ahead of the assault. Biden also warned that the US might withhold some types of military assistance to Israel if their operation in Rafah caused extensive civilian casualties, but added that a complete shutoff of weapons isn’t being considered. In response, Israeli PM Benjamin Netanyahu said he plans to defy the Biden administration and push forward with invading Rafah.

🇮🇳🤝🌍 India signed a $100 billion free trade agreement with four European countries. The investment by the European Free Trade Association – comprised of Switzerland, Norway, Iceland, and Liechtenstein – will create 1 million jobs in India over the next 15 years, mainly in the automotive, railway, and financial sectors. In exchange, India will lift or partially remove 95+% of all import tariffs on EFTA industrial products starting next year.

🇨🇳 China is poised to start work on the world’s longest hydrogen pipeline. The $845 million project, set to be completed by 2027, involves constructing a 460-mile pipeline that will transport hydrogen gas produced from renewable sources to a port near Beijing. It’s part of China’s wider plan to construct a combined 4,000-mile pipe network for its green hydrogen industry, which is mainly used to support clean trucking and steel production.