OSINTSUM: Monday 24 June 2024

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OSINTSUM
Global Situation Update
Monday 24 June 2024

Africa

Niger: Nigerien military authorities have withdrawn French company Orano’s permit to operate a large uranium mine in evidence of further deterioration in relations between Niger and its former colonial ruler.
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Sudan: The UK Foreign Office has been accused of putting pressure on African diplomats to avoid criticising the United Arab Emirates over its alleged military support for Sudan’s Rapid Support Forces in the country’s civil war.
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Sudan: The Peace and Security Council of the African Union has called on the leaders of the warring parties in the country’s civil war to meet for an extraordinary summit aimed at bringing an end to the conflict which has displaced over 8.6 million people.
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Asia/Oceania

China: Foreign direct investment in China fell in May for the 12th consecutive month according to data from its Ministry of Commerce. The level of decline has slightly increased, with a 28.2% year-on-year decline recorded in January to May compared to the 27.9% year-on-year decline recorded for January to April.
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New Caledonia: Renewed rioting and looting has broken out in the Pacific island territory of New Caledonia over an electoral reform plan which the island’s Indigenous Kanak people fear will leave them in a permanent minority and end any hopes of independence from France.
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Philippines: President Ferdinand Marcos Jr. his country would not yield to “any foreign power” after Chinese forces injured Filipino navy personnel and damaged at least two military boats clash in the disputed South China Sea, but added the Philippines would never instigate a war.
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Taiwan: A suspected state-sponsored hacking group from China known as RedJuliett has increased attacks on Taiwanese organisations, particularly those in sectors such as government, education, technology and diplomacy, according to cybersecurity intelligence company Recorded Future.
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Taiwan: President William Lai said China has no right to punish the people of Taiwan after Beijing published new judicial guidelines last week which included the death penalty for "particularly serious" cases involving "diehard" supporters of Taiwanese independence.
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Vietnam: Russian President Vladimir Putin offered to help Vietnam develop nuclear power plants during a meeting with Vietnamese Prime Minister Pham Minh Chinh on his recent visit to Hanoi.
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Europe

EU: The European Union is seeking partnerships with Japan and South Korea related to the joint development of military equipment. Such a partnership would mark the EU's first such security and defence-related collaboration with Asian nations.
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EU: Officials from the EU and China have held a call over tariffs on Chinese electric vehicles (EVs), the first time the two sides have agreed to negotiate since the former threatened to impose levies of up to 38%. The EU says China’s government is unfairly subsidising production of EVs, while China has accused the EU of protectionism.
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France: France’s far-right National Rally party will come out on top in the first round of the country’s upcoming 30 June parliamentary elections with 35.5% of the vote according to a poll by Ipsos. President Emmanuel Macron’s centrist alliance is predicted to come third with 19.5%.
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Germany: German newspaper Bild reported that Russia is suspected of being behind an arson attack on arms manufacturer Diehl in a suburb of Berlin in May, which would make it the latest in a string of sabotage attacks on European soil blamed on Russia.
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Russia: Russia is employing hundreds of merchant ships to carry out intelligence operations in the North Sea according to a joint report by Belgian newspaper De Tijd and investigative journalism agency Follow the Money.
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Middle East

Gaza: Israel Prime Minister Benjamin Netanyahu has indicated that he is open to a “partial” deal that would facilitate the return of some captives still held in Gaza, even if not all, but will not agree to any deal that stipulated a permanent end to military operations in the strip.
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Gaza: Israel Prime Minister Benjamin Netanyahu said the Israel Defence Forces are close to shifting to a less-intense phase of fighting in Gaza, and that he opposes the idea of re-establishing Israeli civilian settlements in the strip. He added that he hopes the US will expedite arms shipments to Israel.
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Israel: US Air Force General CQ Brown has warned that an Israeli military offensive into Lebanon would likely provoke a response by Iran in defence of the Hezbollah militant group, causing a broader war that would jeopardise the safety of US troops in the region.
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Saudi Arabia: The Saudi Press Agency reported at least 1,301 pilgrims had died during hajj, which took place during intense heat, adding 658 of the deceased had come from Egypt.
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Russia/Ukraine

Belarus: Exiled opposition leader Svetlana Tikhanovskaya has urged the Poland’s government not to shut down border crossing points between the two countries, adding that doing so would leave Belarusians “behind a new iron curtain”, after Polish foreign minister Radoslaw Sikorski said he was considering doing so in an effort to stem illegal migration.
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Russia: Russia’s defence ministry has accused the US of being responsible for a strike on Sevastopol in Russian-annexed Crimea which left four people dead after Ukraine used five US-supplied ATACMS missiles guided with information provided by US satellites to hit the coastal city.
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Russia: President Vladimir Putin's mutual defence agreement with North Korea has the potential to create friction with China, which has long been the reclusive state's main ally, according to US Air Force General CQ Brown.
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Ukraine: President Volodymyr Zelensky has called on Western powers to further relax their restrictions on striking targets inside Russian territory, adding that the recent authorisation to strike targets close to the Ukrainian border had already produced results.
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Ukraine: The head of the International Atomic Energy Agency, Rafael Grossi, has called on Russia to halt attacks on Enerhodar, a town near the Zaporizhzhia nuclear plant, which is currently occupied by Russia, after drones hit two electricity substations serving the area last week.
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Copper is up 70%

Discover the Zonia Advantage

• Up to 4x faster to revenues vs. typical mines

• 1-Billion lbs+ of Copper in global copper inventory

• Copper +70% over last 5 years

LEARN MORE

(OTC: WCUFF | TSX.V: WCU)