



May 5-11
This week saw significant geopolitical developments, with Pakistan launching Operation Edifice Compact in retaliation against India amid US mediation efforts, and Israel expanding operations in Gaza as part of a broader strategic plan. In economic news, the EU announced a ban on Russian pipeline and LNG gas imports by 2027, while China's forex reserves saw a notable increase, reflecting shifting global economic dynamics. In the tech sector, OpenAI's acquisition of AI coding tool Windsurf for $3 billion marked the largest deal in its history, highlighting the growing importance of AI technologies. Meanwhile, Apple's exploration of AI search capabilities in Safari following a drop in search activity impacted Alphabet's shares, underscoring the competitive landscape in tech innovation.