WAO ART #64

The AUKUS partnership, which includes Australia, the US and the UK, has announced an accelerated plan to provide Australia with nuclear-powered submarines armed only with conventional weapons, according to President Biden. The first of these will be constructed in the UK with delivery in the late 2030s.

Walmart has partnered with Cummins and Chevron to launch its first heavy-duty truck powered by a 15-liter natural-gas engine, which will be fueled by compressed natural gas linked to renewable natural gas. The truck is the first of five that Walmart is incorporating into its private fleet.

Bernstein's latest report suggests that the biggest crypto bull cycle is upon us. FTX's collapse was the catalyst for a new bullish cycle in cryptocurrency markets, cleaning up the final tranche of "toxic crypto leverage" and teaching investors the importance of decentralization and self-custody wallets.

US journalist Evan Gershkovich, who was detained in Russia and charged with spying, appeared in court for the first time and had his appeal for pre-trial detention rejected. The court rejected his legal team's offer to free him on bail or put him under house arrest.

Fighting between rival forces in Sudan's capital, Khartoum, has left residents without water, electricity, and medical supplies. The Rapid Support Forces (RSF) paramilitary group has been looting residential areas and demanding food and water from residents.

Chinese surveillance technology company Hikvision has denied allegations that it is disguising its products sold to the US government to enable Chinese espionage. The company did not respond to questions about whether it partners with Chinese intelligence agencies.

The White House has criticised Brazilian President Luiz Inacio Lula da Silva for accusing the US of "encouraging" the war in Ukraine. Lula, who has pitched himself as a broker for peace talks to end the conflict, said that "the US needs to stop encouraging war and start talking about peace".