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China and Russia growing closer by the day

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China and Russia growing closer by the day as Vladimir Putin meets with Li Shangfu

It seems Russia and China are getting closer by the day.

Russian President Vladimir Putin has met with China’s Defence Minister Li Shangfu in Moscow.

The pair hailed their respective countries’ close military cooperation.

Li will travel through Russia for four days.

The overseas trip is his first since stepping into the role last month.

Western nations are ramping up the pressure on China, asking Beijing to push Putin to end his war in Ukraine.

Li’s visit comes just weeks after Xi Jinping travelled to Russia, with Xi and Putin further cementing their countries’ ties and pledging to “deepen military mutual trust”.

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Boeing 787 crashes in India, 242 on board

Boeing 787 Dreamliner crashes in India en route to London, injuring passengers amidst safety and production challenges for Boeing.

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Boeing 787 Dreamliner crashes in India en route to London, injuring passengers amidst safety and production challenges for Boeing.

In Short:
An Air India Boeing 787 Dreamliner crashed in Ahmedabad on June 12, 2025, while flying to London, injuring many passengers. This incident poses significant issues for Boeing, which is already dealing with safety concerns, and has prompted condolences from both Indian and U.K. leaders.

A Boeing 787 Dreamliner, operated by Air India, crashed in Ahmedabad, India, on June 12, 2025, while en route to London’s Gatwick Airport.

The aircraft departed at 1:38 p.m. local time with 230 passengers, including 169 Indians, 53 British, one Canadian, and seven Portuguese nationals.

Air India confirmed that injured passengers are being taken to nearby hospitals.

The 787 Dreamliner had operated for 14 years without a fatal incident before this crash.

Boeing response

Boeing expressed awareness of the situation and is gathering more information, although shares dropped drastically following the news.

This incident presents a significant challenge for Boeing, which has faced safety and production issues recently.

Local media reported smoke emanating from the crash site, and emergency responders were seen transporting individuals on stretchers.

The plane lost location data at 625 feet altitude and descending at 475 feet per minute before the crash.

The incident occurred in a residential area, prompting condolences from Prime Minister Narendra Modi, who stated his government will assist local authorities.

Air India, recently acquired by Tata Sons, has been navigating difficulties as the former state-run carrier.

The jet crash is part of a troubling year for aviation, following other serious incidents, including a 2018-2019 Boeing 737 MAX crash that resulted in over 300 fatalities.

U.K. Prime Minister Keir Starmer expressed concern for affected families as the situation unfolds.

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Pentagon reviews AUKUS deal to align with Trump’s agenda

Pentagon reassesses AUKUS deal to align with Trump’s America First policy amid concerns over alliance readiness and U.S. delivery capacity.

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Pentagon reassesses AUKUS deal to align with Trump’s America First policy amid concerns over alliance readiness and U.S. delivery capacity.


Pentagon Reviews AUKUS Deal to Align With Trump’s Agenda.
The Pentagon is re-evaluating the landmark AUKUS security pact between Australia, the U.S., and the U.K., aiming to ensure it fits with Donald Trump’s America First policy.

With Australia set to receive nuclear submarines under the deal, the review raises questions about alliance readiness and shared responsibility. But concerns remain about the U.S.’s capacity to deliver its end of the bargain.

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#AUKUS #Trump #Pentagon #DefencePolicy #NuclearSubs #USPolitics #AustraliaNews #Geopolitics

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Markets react as inflation cools and the Fed watches on

New US-China trade pact raises questions; cooler inflation hints at possible Fed rate cuts, while markets react to rising crude oil and a strong ASX outlook.

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New US-China trade pact raises questions; cooler inflation hints at possible Fed rate cuts, while markets react to rising crude oil and a strong ASX outlook.


A new trade pact between the U.S. and China is raising eyebrows, but experts question whether it’s a game-changer or just more of the same.

Meanwhile, inflation comes in cooler than expected again, sending signals that the Fed may cut rates twice this year. All eyes are on markets, with crude oil surging and the ASX looking strong ahead of the open.

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#USChinaDeal #Inflation #FedRates #ASX200 #CrudeOil #RBA #MarketsToday #EconomyUpdate

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