Weekend Edition.

China's piano market is collapsing.

---

1. Israel launched a wave of airstrikes across southern Lebanon early Sunday in what it said was a pre-emptive strike on Hezbollah, as the militant group said it had launched hundreds of rockets and drones to avenge the killing of one of its top commanders last month. The heavy exchange of fire threatened to trigger an all-out war that could draw in the United States, Iran and militant groups across the region. It could also torpedo efforts to forge a cease-fire in Gaza, where Israel has been at war with the Palestinian group Hamas, an ally of Hezbollah, for over 10 months. By mid-morning, it appeared that the exchange had ended, with both sides saying they had confined their attacks to military targets. But the situation remained tense, and the full extent of casualties and damage was not immediately known. At least three people were killed in the strikes on Lebanon. More on this here. (Sources: apnews.com, timesofisrael.com)

---

2. Ukraine’s resistance to Russia’s invasion keeps crossing President Vladimir Putin’s red lines. Kyiv’s lightning incursion into Kursk in western Russia this month slashed through the reddest line of all — a direct ground assault on Russia — yet Putin’s response has so far been strikingly passive and muted, in sharp contrast to his rhetoric earlier in the war. On day one of the invasion in February 2022, Putin warned that any country that stood in Russia’s way would face consequences “such as you have never seen in your entire history,” a threat that seemed directed at countries that might arm Ukraine. But Ukraine’s punch through Russian defenses in the first foreign invasion since World War II exposed Russia’s military flaws and laid bare Moscow’s apparently illusory red lines. (Source: washingtonpost.com)

---

3. Deep in the outback, a flurry of construction by Australia and the United States is transforming this once quiet military installation into a potential launchpad in case of conflict with China. Runways are being expanded and strengthened to accommodate the allies’ biggest airplanes, including American B-52 bombers. A pair of massive fuel depots is rising side by side to supply U.S. and Australian fighter jets. And two earth-covered bunkers have been built for U.S. munitions. But the activity at RAAF Tindal, less than 2,000 miles from the emerging flash points of the South China Sea, isn’t unique. Across Australia, decades-old facilities — many built by the United States during World War II — are now being dusted off or upgraded amid growing fears of another global conflict. (Source: washingtonpost.com)

---