China's deadliest mine disaster in 16 years drives a sweeping accountability and tech-mandate response, while Russia's repression apparatus grinds on and Putin's Oreshnik threats face base-rate skepticism. CXMT's DDR5 breakthrough sets up the next round of US semiconductor controls, and Brent above $100 keeps food-import-dependent fragile states on a 9-month unrest trajectory.

Skeptic risk score 76 supports inclusion. The base rate is extremely strong: Belarus has refused direct entry across every previous escalation cycle since February 2022, including during the Kharkiv counteroffensive, Wagner mutiny, and 2024 Kursk incursion. Joint drills are routine and have never preceded entry. The military analyst's own probability (0.18) is consistent with the base rate. Including this as a *negative* forecast because it offers a high-conviction call on a 'critical severity' tail risk that markets and media periodically misprice. Trump-Putin dynamics also reduce escalation incentive for Moscow to push Lukashenko into a costly move. If indicators (armored unit movement, southward logistics convoys) appear, this should be revisited urgently.