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February 27th - According to three sources familiar with intelligence reports, US President Trumps claim that Iran is about to possess missiles capable of striking the United States is not supported by US intelligence reports and appears exaggerated, casting doubt on some of his reasons for potentially attacking Iran. In his State of the Union address to Congress on Tuesday, Trump began explaining to the American public why the US might strike Iran, stating that Tehran is developing missiles that could "soon reach" the United States. However, two sources indicated that an unpublished 2025 assessment by the US Defense Intelligence Agency suggests that Iran may not be able to develop a "militarily viable intercontinental ballistic missile" (ICBM) using its existing Satellite Launch Vehicle (SLV) until 2035.February 27th - The British Labour Party indicated it was likely to lose to the left-wing Green Party in the by-elections for Gordon and Denton, a significant blow to Prime Minister Starmer. A senior Labour MP stated, "We believe the Greens have won." In this constituency, a Labour stronghold for nearly a century, Labour was embroiled in a fierce three-way race with two populist parties: the left-wing Green Party and the right-wing Reform Party. Voters cast their ballots on Thursday. Early Friday morning, before the vote count was complete, Labour Deputy Leader Lucy Powell stated that voters had consistently tried to block the Reform Party. She said, "It is very clear that the vast majority of voters in this constituency did not vote for the Reform Party, and the Green Party successfully proved itself to be the best option to block the Reform Party." She did not indicate whether Labour came in second or third place. However, according to another MP, Labour members believe that after an election where the Green Party attempted to portray itself as "the one that stops the Reform Party," Labour faces a major defeat against the Greens.U.S. Homeland Security Secretary Norm said on Thursday that the Department of Homeland Security shutdown is affecting security and preparations for the 2026 World Cup and the 250th anniversary of the founding of the United States.The bid-to-cover ratio for the Japanese 2-year government bond auction was 3.32, compared to 3.88 in the previous auction.Japanese Finance Minister Satsuki Katayama: We are paying close attention to foreign exchange trends with a high sense of urgency.