Mission Grey Daily Brief - November 23, 2024

Summary of the Global Situation for Businesses and Investors

The Russia-Ukraine conflict continues to escalate, with Putin threatening the West and launching a new missile with nuclear capabilities. Russia and North Korea have strengthened their relationship with a new economic cooperation agreement, while Türkiye's communications chief has called for global cooperation on energy geopolitics. The US government has proposed a partial breakup of Google, urging a federal judge to force a sale of the company's Chrome web browser.

Russia-Ukraine Conflict Escalates

The Russia-Ukraine conflict has entered a "decisive phase", with Putin launching a new missile with nuclear capabilities and threatening the West. Russia has stepped up its threats to the West in response to Ukraine using long-range missiles on targets in Russia. Putin has vowed to continue using the new missile in combat conditions, posing a threat to both Ukraine and the West. Poland's prime minister has warned that the threat of global conflict is "serious and real", and Ukraine's president has called for a "serious response" to Putin's actions.

Russia and North Korea Strengthen Relationship

Russia and North Korea have strengthened their relationship with a new economic cooperation agreement, which includes increasing the number of charter flights between the two countries to promote tourism. North Korea's leader has prioritised relations with Moscow as he attempts to break out of international isolation and strengthen his footing. Russia has provided anti-aircraft missiles and economic aid to North Korea in exchange for troops to support Moscow's war against Ukraine.

Türkiye Calls for Global Cooperation on Energy Geopolitics

Türkiye's communications chief has called for global cooperation on energy geopolitics, highlighting the pivotal role of energy in global geopolitics and the need to tackle growing challenges. The communications director has stressed the importance of energy serving as a tool for regional and global cooperation, rather than conflict. Türkiye has made strides in ensuring energy supply security, maximising domestic resources, and advancing renewable energy.

US Government Proposes Partial Breakup of Google

The US government has proposed a partial breakup of Google, urging a federal judge to force a sale of the company's Chrome web browser. This comes after a landmark ruling this year found that Google had violated US antitrust law with its search business. If approved, the penalties could revolutionize how millions of Americans search for information and potentially disrupt the tight integration among many of Google's key products and services. Google has promised to appeal.