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EMERGING MARKETS: Global News: November 29

EMERGING MARKETS
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  • CHINA / EU (MNI) – Beijing will look to use dissatisfaction with US trade policies next year to revive EU economic ties, but Brussels will likely pushback strongly due to its view of China as a strategic rival and its ties to Russia, policy and trade advisors told MNI.
  • MIDEAST (BBG) – Israel and Lebanon traded accusations of violating a cease-fire deal that’s brought more than a year of fighting to a halt, though the truce appeared to be holding. The Lebanese army said Israel breached the accord multiple times over the past two days through “aerial violations and the targeting of Lebanese territories with various weapons,” according to a statement on X.
  • RUSSIA (MNI) – Defence Minister Belousov is meeting with his North Korean counterpart today, at which they are expected to discuss a further deepening and strengthening of their military partnership – a meeting that will be closely watched by South Korea, who have reportedly considered sending weaponry to Ukraine, a step that Moscow have warned would “fully destroy” relations.
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  • CHINA / EU (MNI) – Beijing will look to use dissatisfaction with US trade policies next year to revive EU economic ties, but Brussels will likely pushback strongly due to its view of China as a strategic rival and its ties to Russia, policy and trade advisors told MNI.
  • MIDEAST (BBG) – Israel and Lebanon traded accusations of violating a cease-fire deal that’s brought more than a year of fighting to a halt, though the truce appeared to be holding. The Lebanese army said Israel breached the accord multiple times over the past two days through “aerial violations and the targeting of Lebanese territories with various weapons,” according to a statement on X.
  • RUSSIA (MNI) – Defence Minister Belousov is meeting with his North Korean counterpart today, at which they are expected to discuss a further deepening and strengthening of their military partnership – a meeting that will be closely watched by South Korea, who have reportedly considered sending weaponry to Ukraine, a step that Moscow have warned would “fully destroy” relations.