Global Tensions Rise as Conflicts Escalate

Democratic senators have filed a war powers resolution to prevent the US from attacking Cuba without congressional approval, amid President Trump's stated goal of a 'takeover' of the Caribbean country. The resolution, filed by Sens. Tim Kaine, Ruben Gallego, and Adam Schiff, would require the president to remove military forces from any hostilities with Cuba. Trump had stated that Secretary of State Marco Rubio was negotiating with Cuba's leadership, and that a 'friendly takeover' or otherwise was possible. Cuban President Miguel Diaz-Canel confirmed that officials had held conversations with the US government to address long-standing differences. Democrats have used war powers resolutions to force debate on Trump's foreign policy moves, but Republicans have mostly backed the president.

Mourners in Lebanon are defying Israel's evacuation orders to bury their loved ones in makeshift cemeteries. The conflict between Israel and Iran-backed Hezbollah militants has resulted in over 800 deaths and hundreds of thousands displaced. The Israeli Defence Forces (IDF) has expanded its evacuation zone, raising fears of a ground invasion. Hezbollah supporters believe they are fighting a just war, while the IDF claims to be targeting Hezbollah's infrastructure and leadership. The civilian impact is significant, with many left without power, shelter, or a say in what happens next.

Hong Kong's treasury chief, Christopher Hui, has stated that the ongoing conflict in the Middle East could divert new capital to Hong Kong due to the city's stability and regulatory certainty. Hui pledged to keep markets operating smoothly amid energy price shocks caused by the US-Israel war against Iran. The government plans to attract family offices and become a commodity trading hub as investors increasingly consider political stability in their business decisions. Since the outbreak of the conflict, Hong Kong's financial and legal sectors have received more inquiries from global investors about moving their wealth management businesses or family offices to the city.