William Lai’s priorities are bolstering Taiwan’s defenses and consolidating ties with democracies. China is unlikely to pursue dialogue with Lai and would instead increase pressure on Taiwan.

Moody’s Investors Service kept South Africa’s credit rating at investor grade, though it is still only one notch above junk, and changed its outlook for the country to stable.

Rating agency Moody’s Investors Service downgraded fifteen of the world’s largest banks by assets, including five of the six largest U.S. banks (Reuters). A Moody’s managing director explained: “All …

China’s initial response to William Lai’s victory in Taiwan’s presidential election was relatively restrained but it will likely exert more pressure on Taiwan in the coming months. 

Biden signs data security executive order; PCAST issues report on critical infrastructure; DeSantis vetoes ban on social media for teens; Malawi stops issuing passports after hack; Meta creates new E…