China’s holdings of US Treasury bonds decreased for the third consecutive month in May, reaching the lowest level since March 2009, amidst ongoing trade tensions with the United States and anxieties surrounding financial markets. The reduction occurred despite a temporary truce in the trade war. This decrease followed China’s fall to third place among foreign holders of US debt. Fears of escalating trade conflicts have increased speculation about China selling off its large holdings of US Treasury bonds.
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Following recent strikes by the IDF and the U.S., Iran appears to be rapidly rearming its terror proxies in the Middle East. Despite Tehran’s denials, a growing body of evidence suggests that Iran is actively supplying these groups with military aid. This activity underscores Iran’s dedication to maintaining its influence over its militia allies. Protests in support of Palestinian and Hezbollah groups have also occurred as a result.
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Or Levy, a 34-year-old Israeli man, emerged from Hamas captivity after 491 days, bearing the physical and emotional scars of his ordeal, which included being held underground and surviving on minimal food. Upon his release, he learned that his wife had been killed in the October 7th attacks, adding to the complex emotions of reuniting with his son, Almog. Levy found solace and strength in a mantra, “He who has a ‘why’ can bear any ‘how’,” that he shared with his fellow hostage, Hersh Goldberg-Polin, and now dedicates his life to Almog. Despite the joy of being with his son, Levy remains haunted by the hostages still held in Gaza and hopes for a deal that will bring them home.
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Germany recently deported 81 Afghan nationals with criminal records back to Afghanistan, marking the second such operation since the Taliban takeover in 2021. The Interior Ministry confirmed the deportations, emphasizing that those returned were legally required to leave and had come to the attention of judicial authorities. This action aligns with Chancellor Merz’s new government’s stricter stance on immigration, which includes enhanced border checks and a suspension of family reunification for many migrants. Despite these measures and warnings from human rights groups, deportations continue, with the government citing declining asylum applications as evidence of its successful strategy.
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Investigative journalists have identified Dr. Ilya Sorokin as the alleged perpetrator of torture against Ukrainian prisoners of war at Penal Colony No. 10 in Mordovia, Russia. Sorokin, nicknamed “Dr. Evil,” reportedly subjected detainees to beatings, stun gun use, humiliation, and denied medical care. These prisoners endured grueling conditions, including forced standing for extended periods, constant exposure to Russian patriotic songs, and coerced recitations of the Russian national anthem, with at least 177 soldiers experiencing severe physical and psychological abuse. Sadly, at least four prisoners died during this period.
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Former Brazilian President Jair Bolsonaro was targeted in a police raid on Friday, with the Supreme Court imposing restrictions including an ankle monitor, a ban on contact with foreign officials, and social media usage limitations. These measures were taken due to concerns he might flee the country amid his trial for allegedly plotting to overturn the 2022 election results. Bolsonaro’s son, Eduardo, was also accused of conspiring to impose sanctions on Brazilian officials. Meanwhile, former US President Donald Trump threatened Brazil with tariffs, linking it to Bolsonaro’s trial, which has drawn criticism from current Brazilian President Luiz Inácio Lula da Silva, who stated the judiciary is independent.
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The European Union recently approved its 18th sanctions package against Russia, described as one of the strongest to date, in response to the ongoing aggression in Ukraine. Key components of the package include lowering the price cap on Russian oil, targeting Russia’s “shadow fleet,” and imposing restrictions on the Russian banking system and Nord Stream gas pipelines. Additionally, the sanctions extend to the Russian defense and finance sectors, entities involved in indoctrinating Ukrainian children, and tighten restrictions on oil product imports via third-party countries. President Zelensky and other European leaders have welcomed the decision, emphasizing the importance of applying pressure to Russia.
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In El Salvador, a growing exodus of journalists, activists, and human rights advocates is taking place due to the increasingly authoritarian government of President Nayib Bukele. This exodus is spurred by targeted harassment, threats, and the implementation of laws designed to silence dissent and criminalize criticism. The situation has worsened with the U.S. government’s collaboration with Bukele, who is seen as part of a global network of right-wing leaders employing similar tactics to consolidate power and suppress opposition, especially anyone critical of his administration. Facing no recourse in a system that has no guarantees of justice, these individuals are fleeing the country, hoping to continue their work from abroad while also advocating for the freedom of those who remain imprisoned.
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Former Deputy Police Commissioner Jevon McSkimming is alleged to have had child exploitation and bestiality material on his work devices, which has been revealed after a court dismissed an application to prevent media reporting on the nature of the objectionable material. McSkimming resigned from his position in May amidst separate investigations into alleged misconduct. A “rapid review” of police’s information security controls was ordered after the investigation into McSkimming, identifying several key issues, including weaknesses in technology configuration, lack of visibility over user activity, and gaps in governance. No notice of appeal was filed after the court’s decision, leading to the release of this information.
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On July 17, Ukrainian military intelligence (HUR) reportedly launched a cyberattack against Gazprom, Russia’s state-owned energy giant, causing significant disruptions. The attack allegedly targeted systems used by Gazprom and its subsidiaries, which Ukraine claims support the Russian war effort. The operation resulted in the destruction of data, the installation of damaging software, and the disabling of internal systems for thousands of administrators across hundreds of subsidiaries. The Kyiv Independent could not independently verify these claims, and neither Gazprom nor Russian authorities have commented publicly.
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John Q. Hosedrinker