Good morning.

A quick editorial note - The minute I hit ‘send’ on Friday, I realized that I had the SITREP schedule backward: it’s better to get the complete ratings on a Monday than the country comparisons as part of the regional. I also want to cover any big events that took place over the weekend on a Monday so the schedule going forward will be as follows.

Ok, on to the weekend news.

Weekend Stories of Note

President Biden approved Ukraine’s use of US long-range missiles to hit targets inside Russia. [SOURCE - Reuters]

North Korea may allocate 100,000 troops to support Russia[‘s war against Ukraine, in addition to the initial deployment of 10,000 [SOURCE - Bloomberg] (Note, the growing closeness between Russia and North Korea is reducing China’s hold on Pyongyang is reported to be causing some concern in Beijing.)

Super typhoon Man-Yi made landfall in the Philippines twice, hitting the main island of Luzon early Sunday UTC. This is the sixth typhoon in a month, and 160 people have already been killed in the storms. [SOURCE - BBC].

President Biden met with Chinese President Xi at the APEC summit in Peru. Xi also said a stable relationship between China and the United States was "critical to both parties and the world" but warned "a new Cold War should not be fought and cannot be won. Containing China is unwise, unacceptable and bound to fail". [SOURCE - BBC]

225 opposition politicians and protestors were released in Venezuela. They had been detained along with hundreds of others after July’s stolen election. [SOURCE - Reuters]

Commodity and Rate Snapshot

_{As at Nov 18, 06:30ET -Data is illustrative, not for decision-making.}

Financial data via Bloomberg, Freightos and AlphaVantage

Global Stability Ratings

Here are the complete global stability rankings for all countries and territories covered by Decis Intelligence.