Military planners, diplomats and defence chiefs are heading into one of Asia’s most important security summits under a growing shadow: fears that a future conflict over Taiwan could spiral far beyond conventional warfare. According to Reuters , Fresh analysis released ahead of this weekend’s Shangri-La Dialogue security conference in Singapore warns that a military clash between the United States and China carries a genuine risk of nuclear escalation.
Economic divide widens: Fed data shows more low-income Americans skipping meals and draining savings, while higher earners benefit from asset gains and strong spending. Corporate warning signs: McDonald's CEO says conditions for low-income consumers are worsening, prompting menu strategies for both budget-conscious and affluent customers. Global cost pressures: Rising energy prices, war-related disruptions, and higher food costs are fueling inflation, with UK retail data showing similar persistent pressures.