New York Times

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  1. President Trump’s tariffs weren’t enough to hold back the global export flood by China, which pushed past last year’s record in just 11 months.
  2. China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to drive exports.
  3. Plus, the social changes sweeping Iran.
  4. A cease-fire after two years of war with Israel has allowed Hamas to tighten its grip on power again. “It’s still standing,” one Israeli official said.
  5. A year ago, rebels overthrew President Bashar al-Assad, ending decades of dictatorship and civil war. But challenges remain for the new leadership.