This morning’s tragic crash of Air India Flight AI171, a Boeing 787-8 Dreamliner, near Ahmedabad, India, has sent shockwaves through the aerospace sector, reigniting concerns about safety and reliability at one of America’s industrial giants. The incident, which claimed over 200 lives with only one reported survivor, reported by the Associated Press, marks the first fatal crash of a Boeing 787 Dreamliner since its debut in 2011. Meanwhile, across the Atlantic, the European Union is grappling with a bold new defense manufacturing proposal that could reshape global aerospace dynamics, as reported by Euractiv. Together, these developments underscore heightened risks in…

Key News Despite a weaker US dollar, Asian equities were off overnight on growing chatter of a coming Middle East crisis and Trump’s tariff threat reiteration. On the former, Mainland media noted that the International Atomic Energy Agency Board of Governors stated Iran had “failed to comply with its nuclear safeguard obligations” for the first time in twenty years. No idea if there is any connection with the Israel-Iran concerns. On the latter, Chinese company JL MAG Rare-Earth stated it “had obtained export licenses issued by national authorities for exports to destinations including the US, Europe, and Southeast Asia.” This…