Welcome to the twelfth edition of The PEP Weekly Digest, where we present the most recent updates and news on the global political stage.

Noteworthy political event in Denmark, where Troels Lund Poulsen has been appointed as the new Minister of Defense.

Shifting our focus to Chile, Susana Herrera has resigned as Ambassador of Chile in the United Kingdom.

Meanwhile in Nigeria, Olawale Edun has been appointed as the new Minister of Finance.

The worldwide political landscape is further influenced by forthcoming elections in seven nations, slated between July 30th and September 30th. These elections hold significant importance, as they will determine the direction and governance of each respective country’s future.

In the realm of regulatory affairs, to fight real estate money laundering, the US Treasury is proposing a rule requiring real estate firms to report entities’ ultimate beneficial owners when they buy luxury property with cash. Reports would be sent to the Financial Crimes Enforcement Network (FinCEN).

Shifting our attention to legal advancements, Thailand’s former fugitive Premier, Thaksin Shinawatra, has begun serving his eight-year prison sentence for abuse of power, alleged corruption, and disloyalty to the powerful monarchy.