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Pakistan and Saudia Arabia sign mutual defense pact, U.S. Federal Reserve cuts interest rate for the first time this year, Meta unveiled new smart glasses, and more.

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Pakistan and Saudi Arabia Formalize Mutual Defense Pact, Extending Nuclear Cooperation 🇵🇰🤝🇸🇦 ☢️

  • Pakistan and Saudi Arabia signed a formal mutual defense pact on Wednesday.

  • The mutual defense agreement considers an attack on one nation an attack on both.

  • Pakistan’s defense minister announced that the nation's nuclear capabilities "will be made available" to Saudi Arabia.

  • The nuclear dimension of the pact raises the risk of a nuclear war in the Middle East.

  • Analysts view the nuclear move as a signal directed toward Israel.

  • A senior Saudi official stated the agreement is an institutionalization of long-standing cooperation.

  • The pact follows an Israeli attack targeting Hamas leaders in Qatar last week.

  • Israel has not commented on the new Saudi-Pakistan defense agreement.

  • The deal is a comprehensive defensive agreement that includes all military means.

  • Saudi Arabia historically provided financial support to Pakistan’s nuclear weapons program.

Source: Newsweek, The Guardian, and CNN.

Raven Bites🐦‍⬛

News/Events/Politics

  • Brazil to join South Africa’s genocide case against Israel at ICJ. (more)

  • Donald Trump signed a proclamation on Friday that would impose an annual $100,000 fee on H-1B visa applications, dealing a potentially major blow to the U.S. tech industry. (more)

  • 75 people killed by RSF drone strike on mosque in besieged Sudanese city. (more)

  • Israeli forces killed 91 in Gaza in a single day, including civilians fleeing the city. (more)

  • Russia launched a large-scale missile and drone attack targeting regions across Ukraine early Saturday, killing at least three people and wounding dozens more. (more)

Economics/Business/Crypto

  • The U.S. Federal Reserve cuts interest rates for the first time this year by 25 basis points. (more)

  • Gold hits all-time high at $3,707.40 as Fed resumes easing cycle. (more)

  • Indonesia’s central bank, Bank Indonesia (BI), made a surprise interest rate cut aiming to bolster economic growth by 25 basis points to 4.75%. (more)

Technology

  • xAI released their new AI model, Grok 4 Fast. (more)

  • Meta unveiled three new glasses during the Meta Connect event; the second-generation Ray-Ban Meta, the Meta Ray-Ban Display and wristband controller, and the Oakley Meta Vanguard. (more)

  • YouTube announced new generative AI tools using the Google Veo 3 model for Shorts creator. (more)

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