China's expanding role in defense and space sectors
China is strengthening its position in the global air defense weapons market and advancing in space-related industries. Hong Kong sees new opportunities in insuring mainland China's growing space sector. A US report also credits China with leading capabilities in GPS-style navigation, reconnaissance, and anti-satellite technology.
A plane carrying skydivers crashed in eastern France near Nancy, killing all 11 people onboard. The aircraft went down in the Vosges region, and French authorities have launched an investigation into the cause. It is one of the deadliest aviation accidents in France in recent years.
Tensions between Iran and the US have escalated following strikes near the Strait of Hormuz, with Article 5 of the Iran-US Memorandum of Understanding at the center of the dispute. Iran's Islamic Revolutionary Guard Corps (IRGC) has hardened its stance as the interim deal faces collapse. US President Donald Trump threatened to annihilate Iran amid the crossfire.