Salut,
🛡️ 1. Global defense spending hit a record $2.44 trillion last year, up 6.8%.
🌊 2. Flooding in China's Guangdong province leads to the evacuation of over 110,000 residents.
🌍 3. Over 15 years, Moldova reduced trade with Russia and the CIS from 75% to just 3% of its foreign trade.
🚁 4. Zipline's drones complete their one-millionth delivery, having flown over 70 million miles and delivered over 10 million products.
👟 5. Nike to cut 740 jobs and slash $2 billion in costs.
Cheers,
Briefdose
PS. Only 15% of Swiss can afford to buy a home today, down from nearly two-thirds 20 years ago. The Swiss government reported that the country had frozen approximately 7.7 billion Swiss francs ($8.8 billion) of Russian financial assets. Oh, and a rare Rolex watch was sold for a record $3.5 million, one of only 12 made.