North Korean leader Kim Jong Un announced that the country will produce two Choe Hyon‑class warships each year for the next five years, part of a broader effort to expand its navy and advance its nuclear program. In the United States, Treasury Secretary warned that the biggest risk is China overtaking the U.S. in artificial‑intelligence technology and called for a balance between AI innovation and safety. Financial Times reported that Germany is reviewing the cancellation of its largest post‑World‑War II aircraft‑carrier project, while the closure of the Strait of Hormuz has halted about 1,200 cargo ships carrying goods worth $125 billion. Nvidia’s limited AI chips are reportedly being sold on China’s black market at up to double the official price, reflecting strong demand despite U.S. export restrictions.