China prepares to explore a region-wide deal with almost a dozen Pacific islands covering policing, security and data communications cooperation when Foreign Minister Wang hosts a meeting in Fiji next week. 

The United Arab Emirates and Israel signed an agreement in Dubai to jointly design unmanned vessels to carry out anti-submarine warfare. The two countries’ state owned defense companies, the U.A.E.’s EDGE and Israel’s IAI, announced the partnership on the last day of the Dubai Airshow. 

Last week on Monday, the Bank of England (BoE) has been busy with calls saying some British pension funds were struggling to meet margin calls. By Wednesday, the situation has become more urgent. Fluctuations in British financial markets in response to the government’s Sep. 23 “mini budget” meant that Britain’s pension system was at risk, which has raised concerns about the country’s financial stability. British Finance Minister Kwarteng’s budget statement included dramatic plans to slash taxes and pay for it with borrowing, which drove government bond yields soaring. In the following days, Britain’s borrowing costs surged the most in decades, while the pound plunged to a record low.