Hello! Here’s what’s happening on Monday.
1. US President Donald Trump will reportedly ask for $US716 billion in defence spending in 2019 budget. The $US716 billion would go towards the Pentagon’s annual budget as well as spending on wars and the upkeep of the US nuclear arsenal.
2. Brexit Secretary David Davis said Britain will be banned from bringing in post-Brexit trade deal until at least 2021. He added that Britain will remain on “current terms” with the EU for at least two years after Brexit.
3. China, Japan, and South Korea agreed to hold a summit to improve ties “as soon as possible”. The last summit between the nations was held in 2015 in Seoul.
4. 1,500 people have been evacuated in Paris due to major flood risk. Authorities are on alert after the River Seine swelled.
5. Russian police arrested the country’s Opposition leader. Alexei Navalny called for a boycott of the upcoming presidential election when Vladimir Putin will seek reelection.
6. A Saudi billionaire prince was released after being detained during the Kingdom’s anti-corruption probe. Prince Alwaleed bin Talal has shares in major companies, like Twitter and Apple.
7. Mexico will deploy more troops to fight record-level violence. Officers will head to regions that have seen a surge of more than 25,000 murders last year.
8. North Korea is the most important issue for US Republicans in 2018, according to a new poll. Nearly a third of GOP voters said North Korea is the most important issue for candidates to discuss in the upcoming elections.
9. Reports of softening demand for the iPhone X are worrying investors ahead of Apple’s upcoming earnings report. Apple’s stock is down roughly 5% in recent weeks.
10. A Japanese cryptocurrency exchange will repay $400 million to victims of a hack. If the hack is confirmed, it will be the biggest theft involving digital currency.
And finally …
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