This week, Iran considered a one-page peace proposal sent by the United States that would end hostilities, while Israel issued new evacuation orders for southern Lebanon and bombed Beirut despite an ongoing ceasefire.

In the Indo-Pacific, China gave conflicting advice to its banks on how to respond to U.S. sanctions, citing a violation of international law, while the EU took steps to reduce its technological dependency on Chinese hardware imports.

In the Russia/Ukraine conflict, Russia conducted airstrikes despite a Ukrainian ceasefire proposal, while mobile internet access in Moscow and St. Petersburg was shut off due to security concerns surrounding upcoming Victory Day parades and U.S. President Donald Trump announced plans to withdraw 5,000 U.S. troops from Germany.

This week, U.S. President Donald Trump rejected an Iranian peace proposal and ordered an extension of the blockade on Iranian ports, while Israel resumed military operations in Lebanon. In the Indo-Pacific, the U.S. sanctioned a Chinese importer of Iranian oil, threatening more sanctions against China’s banking sector, while Beijing blocked Meta’s acquisition of a Chinese AI company. In the Russia/Ukraine conflict, Russian President Vladimir Putin proposed a Victory Day ceasefire on May 9, while in transatlantic relations, Trump stated he was considering withdrawing U.S. troops from Germany amid ongoing diplomatic disagreements.

This week, U.S. President Donald Trump extended the ongoing ceasefire with Iran, while Iran rejected negotiations with U.S. Vice President JD Vance as the U.S. continued its blockade of Iranian ports in the Strait of Hormuz. In the Indo-Pacific, Japan removed export bans on lethal weapons, marking a shift in its pacifist policy, while Taiwanese President Lai Ching-te canceled a trip to Eswatini, accusing China of pressuring nearby countries to restrict their airspace. In the Russia/Ukraine conflict, the European Union approved a $106 billion loan to Ukraine, while Ukrainian President Volodymyr Zelenskyy renewed calls for a summit with Russian President Vladimir Putin.