1. China unveiled DeepSeek, challenging other advanced language model AIs and questioning the effectiveness of technology curbs; 2. U.S. elites' skepticism and reluctance to replace the UK in international finance indicate the 'Open Door' policy is not ready for prime time; 3. The Russian ruble's 15% appreciation is a distortion, but its GDP weight in BWCI is only 2.4% according to the World Bank.