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Never Lose Sleep About What You Missed
Image via Associated Press
Xi Gets Red Carpet Treatment in Pyongyang as Beijing-North Korea Talks Loom
Chinese President Xi Jinping arrived in Pyongyang on Monday to a lavish welcome featuring flags, banners, and the kind of choreographed pageantry North Korea reserves for its most important guests. The visit marks Xi's first trip to North Korea since 2019 and comes as both countries face mounting pressure from Washington over regional security concerns.
The closely watched talks between Xi and Kim Jong Un are expected to focus on economic cooperation, sanctions relief, and coordination on the Korean Peninsula. China remains North Korea's primary economic lifeline and diplomatic shield at the United Nations, making this bilateral relationship critical for Kim's regime survival amid continued international isolation.
Read the full story at Associated Press →
Image via Axios
Trump Calls for Immediate End to Israel-Iran Fighting as Ceasefire Collapses
President Trump posted on Truth Social Monday urging Israel and Iran to "immediately stop shooting" after the fragile ceasefire between the two nations broke down over the weekend. The ceasefire, which had held for several weeks, unraveled Sunday when Iran and Israel resumed military operations, though details on the scale and scope of the attacks remain limited.
The renewed conflict threatens to destabilize the Middle East and spike oil prices just as global markets were showing signs of stability. Trump's statement marks his most direct public intervention in the crisis since taking office, though it remains unclear what diplomatic leverage Washington is willing to deploy to enforce a new cessation of hostilities.
Read the full story at Axios →
Image via The Hill
Bass Attacks Raman Over Homelessness as LA Mayoral Race Heads to Runoff
Los Angeles Mayor Karen Bass wasted no time going after progressive challenger Nithya Raman on Sunday after both candidates advanced to a runoff election for the city's top job. Bass's campaign hammered Raman over her record on homeless encampments, positioning the issue as the central battleground for the coming weeks.
Raman, a city councilwoman who has pushed for more housing-first policies, now faces an uphill battle defending her approach to homelessness in a city where visible encampments remain the defining political liability. Bass has staked her incumbency on clearing encampments and moving unhoused residents into interim housing, a strategy that polls suggest has mixed support among voters frustrated by the ongoing crisis.
Read the full story at The Hill →
Corning Shares Surge 9% on Amazon Data Center Deal for AI Infrastructure
Corning shares jumped 9% Monday after the company announced a major contract to supply optical fiber and related infrastructure for Amazon's expanding network of AI data centers across the United States. The deal cements Corning's position as a critical supplier in the AI buildout, following similar agreements with other tech giants.
Amazon is racing to expand data center capacity to support its cloud computing and artificial intelligence services, which require massive amounts of fiber-optic connectivity to handle the data loads. Corning's specialized glass and fiber technology has become essential infrastructure for AI applications, turning the longtime materials company into an unexpected winner of the artificial intelligence boom.
Image via MarketWatch
Oil Prices Pull Back After Iran Signals End to Latest Military Operation
Global oil prices erased most of their earlier gains Monday after briefly topping $98 per barrel, retreating after Iran announced it had concluded its current military operation against Israel. The volatile trading session reflected markets' hair-trigger sensitivity to any escalation in the Middle East conflict.
Oil had spiked in early trading as investors priced in the risk of supply disruptions from the resumed fighting between Iran and Israel. Iran's signal that it considers the latest round of attacks finished—at least for now—provided enough reassurance to bring prices back down, though they remain elevated compared to levels before the ceasefire collapsed.
Read the full story at MarketWatch →
That's your Monday. Fully briefed, zero fluff.
— Daily Recap Editorial