Geopolitics Alpha

Wednesday briefing: ​Why small boat crossings are here to stay ​

Published . Updated .

In today’s newsletter: The ​collapse of the UK’s ‘one in, one out’ asylum deal with France exposes the limits of border enforcement that did little to stop crossings, and only made them more dangerous Good morning. You’d be forgiven for missing it. Earlier this month, the government quietly scrapped its “one in, one out” deal with France. The partnership was supposed to eliminate small boat crossings by deterring asylum seekers from making the treacherous journey across the world’s busiest shipping channel. The deal, which lasted just 423 days, was beset with problems, had a negligible impact, and now joins a long list of policies that have tried and failed to address highly visible, often tragic small boat crossings. This morning, the Home Office announced that it would be doubling the number of riot police along the French coast in lieu of the deal. UK news | Extremists holding anti-immigration opinions are becoming increasingly likely to consider carrying out terrorist attacks against immigration centres and asylum hotels, the head of MI5 has warned. UK politics | Nigel Farage has denied that a Reform UK government would authorise lethal force against small boat crossings in the Channel. Ukraine | Andy Burnham will host Volodymyr Zelenskyy at Downing Street on Wednesday as the UK seeks to further underline its support for the Ukrainian president, in contrast to his difficulties with Donald Trump. US politics | Kimberly Guilfoyle is stepping down as US ambassador to Greece after weeks of reports that she sought payment from a Trump donor in exchange for access to administration officials. Pope Leo XIV | Pope Leo has lung cancer , the Vatican said late on Tuesday. Leo, 71, underwent an operation and had the lower lobe of his right lung removed, with tests confirming a diagnosis of lung adenocarcinoma, the Vatican said. Continue reading...

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Indirectly affected

  • LMT Lockheed Martin

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  • RTX RTX

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  • NOC Northrop Grumman

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  • XLE Energy Select Sector SPDR

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  • GD General Dynamics

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  • ITA iShares U.S. Aerospace & Defense

    A fund of aerospace and defense companies

  • ZIM ZIM Integrated Shipping

    Container lines are exposed when a shipping lane is disrupted

  • MATX Matson

    Container lines are exposed when a shipping lane is disrupted

  • USO United States Oil Fund

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  • WEAT Teucrium Wheat

    Wheat prices rise when Black Sea grain is disrupted

Price reaction, T-5 to T+3

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In today’s newsletter: The ​collapse of the UK’s ‘one in, one out’ asylum deal with France exposes the limits of border enforcement that did little to stop crossings, and only made them more dangerous Good morning. You’d be forgiven for mi…

Source: The Guardian

Defense

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Defense

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How solid the defense case looks

12 out of 100

“Wednesday briefing: ​Why small boat crossings are here to stay ​” scores 12 out of 100. The score uses 1 sources.