Japan's Financial Services Agency is stress testing banks to withstand potential bank runs caused by social media discussions on platforms like Reddit and Facebook. Prime Minister Fumio Kishida's economic reforms have been criticized, despite his stability in Tokyo politics. The stock market boom is benefiting the corporate sector but not the wider Japanese population, revealing the failure of trickle-down economics. The struggling regional banking system poses an economic risk. 

British intel reports that Russia continues its annual civil defense exercises, focusing on civilian evacuation during a nuclear war. Despite the ongoing war in Ukraine, there have been no significant changes in Russia's preparedness. 

The U.K.'s Competition and Markets Authority is investigating dominant players Microsoft and Amazon in the cloud computing market. Concerns about limited competition, high data transfer fees, and barriers to using multiple cloud services have been highlighted. The investigation aims to determine competition concerns and potentially take appropriate action.

The Digest, 10/5/2023 @400AM, CDT

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