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| Hey Insiders — 🗞️ Today's issue features the earthquake in Morocco that killed over 1,000, a dive into the worldwide seismic fatalities, the U.S. and EU backing a new India-Middle East transport corridor, and more. ⏬ Scroll down for some Quick Hits and our Upcoming Events section. 💬 Your thoughts matter to us — don't hesitate to hit reply and share your feedback! If you find this newsletter useful, please share it with your friends and colleagues. Thank you! Vildana p/vildana-b | |
| 1 | | A devastating 7.2 magnitude earthquake in Morocco's High Atlas mountains has resulted in over 1,000 deaths, marking the country's deadliest quake in over 60 years. The quake primarily affected areas outside Marrakech, the closest city to the epicenter. More: - The quake struck late on Friday night.
- The Interior Ministry urged calm in a televised statement.
- Buildings in Marrakech's UNESCO World Heritage old city were damaged.
- Thirteen confirmed deaths occurred in Marrakech.
- Tremors were felt as far as Andalusia, southern Spain.
- The quake affected multiple provinces, including Al Haouz, Ouarzazate, and Azilal.
- It was Morocco's deadliest earthquake since one in 1960 killed 12,000.
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| 2 | |  What the numbers say: The 1976 Tangshan earthquake in China holds the record for the most fatalities since 1900, with estimates ranging from over 240,000 to potentially 650,000 deaths. The 2010 Haiti earthquake followed, with death toll estimates varying between just over 100,000 and more than 300,000. China is the location for four out of the top 10 deadliest earthquakes during this timeframe. Relevance: Offers of aid and responses from international governments poured in following the powerful earthquake that hit Morocco late on Friday, the deadliest earthquake the country has faced in decades. Strong earthquakes are uncommon in North Africa, which means the local buildings are generally not engineered to endure them, and the population is unaccustomed to dealing with such events. Impact: Earthquakes can be fatal even in areas known for seismic activity. For example, a massive 7.8 magnitude earthquake shook Turkey and Syria in February, killing 50,000. | | |
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| 3 | | The U.S. has signed a significant agreement with India, the Middle East, and the EU to establish a network of railways and sea routes. This strategic move aims to counter China's growing influence in the energy-rich region. More: - Talks began in January with India, Saudi Arabia, the UAE, and Israel.
- The India-Middle East-Europe Economic Corridor project connects the Middle East to India via shipping lanes.
- The initiative will also develop energy infrastructure and green hydrogen production.
- An undersea cable will enhance regional telecommunications.
- The rail link will boost India-Europe trade speed by 40%.
- There is no timeline for completion, but a meeting is planned within 60 days.
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| 4 | | The G20 summit welcomed the African Union as a new member but had muted language on Russia's war in Ukraine. The summit, hosted in New Delhi, focused on issues critical to developing nations and saw unanimous agreement on the Ukraine conflict despite weaker language than last year. More: - African Union becomes the second regional bloc in G20 after the EU.
- Over a fifth of G20 heads were absent, including leaders of Russia and China.
- The summit's agenda included alternative fuels, food security, and digital public infrastructure.
- Indian PM Modi met with U.S. President Biden before the summit.
- A joint infrastructure deal involving India, the U.S., Saudi Arabia, and the UAE is in the works.
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| 5 | | Cuban authorities have arrested 17 individuals for allegedly recruiting Cubans to fight for Russia in Ukraine. At least three of the arrested are directly involved in recruitment within Cuba, according to César Rodríguez, head of criminal investigations for Cuba's Interior Ministry. More: - The network operated from Russia to recruit Cubans living in both countries.
- Some recruits were promised construction jobs in Russia.
- Suspects could face up to 30 years, life in prison, or the death penalty.
- In May 2023, a Russian newspaper reported Cubans enlisting in the Russian army.
- Russian law allows foreign nationals to enlist after signing a Defense Ministry contract.
- U.S. State Department is "deeply concerned" about the recruitment.
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| 6 | | Chevron has begun evacuating contractor workers from its Gorgon LNG facility in Australia following strikes over pay and job security. The strikes could potentially disrupt facilities accounting for over 5% of the global LNG supply. More: - Chevron chartered a special flight to Barrow Island to evacuate 50 blue- and white-collar contract workers from the Gorgon Project.
- Workers initiated strike action on Friday after negotiations between the unions and Chevron broke down.
- According to Australia's Fair Work Commission, no further talks are currently scheduled between the two sides.
- Australia is the world's biggest exporter of LNG, with the main buyers located in Asia.
- The labor dispute has already impacted British and European gas prices, as traders anticipate lower supplies from Australia.
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- London authorities captured terror suspect Daniel Khalife following his calculated escape from a local prison.
- Mangosuthu Buthelezi, a prominent South African politician and vocal Zulu leader, has passed away at 95.
- Armenia has requested assistance from the U.S., Europe, and Iran to alleviate escalating tensions with Azerbaijan, stemming from obstructed aid shipments to the contested Nagorno-Karabakh area, the highest since the 2020 conflict.
- The governor of New Mexico issued an emergency order suspending the right to carry firearms in public in Bernalillo County, which includes Albuquerque, in response to recent shootings.
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