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EU CBAM starts definitive phase as payments begin
EU CBAM entered its definitive period on Jan. 1, 2026, shifting the carbon border tax from reporting toward paid certificates and tougher compliance. Importers of steel, cement, aluminium, electricity and more now face higher trade friction risk, with pushback rising from key partners.

Saudi-UAE tensions rise after Yemen airstrike
Saudi-UAE tensions have intensified after a Yemen airstrike and Aden airport shutdown exposed sharp divisions between Gulf allies, heightening security and energy market risks across the region.

Israel recognizes Somaliland, sparking global backlash
Israel has formally recognized Somaliland as an independent state, prompting sharp condemnation from Somalia and warnings from the EU, China and regional powers that the move could destabilize the Horn of Africa and Red Sea corridor.

OIC Foreign Ministers Issue Joint Statement Calling for Diplomatic Coordination and Regional Stability
Foreign ministers from more than 20 OIC member states issued a joint statement emphasizing diplomatic coordination, regional stability, and collective engagement on key political and humanitarian challenges.

Zelensky Meets Trump in Florida for Crucial Ukraine Peace Talks
Ukrainian President Volodymyr Zelensky has met with U.S. President Donald Trump at Mar-a-Lago to advance a 20-point peace plan aimed at ending nearly four years of war with Russia.

US Launches Genesis Mission for State-Owned AI
The US government has launched the "Genesis Mission," a Manhattan Project-style initiative integrating DOE supercomputers and classified federal data to build state-owned AI models.