Drone Strikes by Ukraine Intensify Pressure on Russian Economy

The central bank has maintained high interest rates to control inflation, with the key rate at 14.25 percent, amid a widening budget deficit. Businesses face even higher credit costs, exacerbated by competition with the Kremlin for savings.
Initially, Moscow planned to reduce military spending this year, but it has surged, making up nearly half of government spending in the second quarter, accordi

By Tuesday night, after four consecutive nights of strikes, Iranian missiles and drones continue to target power and desalination infrastructure along Kuwait’s southern coast. The primary target remains the Shuaiba complex, a dense stretch of turbines and water treatment units south of Kuwait City where crews have fought fires across multiple sectors as generating units went dark. Kuwait draws n

The EIB Group, through the European Investment Bank and the European Investment Fund, is making a significant investment in a new Santander securitisation, which will unlock €1.43 billion for financing small and medium-sized enterprises and mid-caps in Spain. More than €100 million will be directed to women entrepreneurs and businesses primarily owned or managed by women. This initiative aims to

“We will jointly determine an updated strategy of our defense and steps to continue the reform of the corps system, to fulfill the supply requests of combat commanders,” Zelenskyy stated in a national address on Tuesday evening.
He also thanked Syrskyi for successful operations in 2022 in Kyiv and Kharkiv and the 2024 incursion into Russia’s Kursk region.
Joint Forces Commander M

He would be the first to admit that as a young boy growing up in Antwerp, he had some very strong obsessions. From an early age he was infatuated with the natural world of animals and travel and later in life with film, photography and cultural anthropology. His passions would go a long way into how we view animal welfare, conservation and the environment today. Meet Armand Denis …
Armand Denis

Brussels ceremony merges royal tradition, public celebration, and focus on defence and social unity.
Belgium celebrated its National Day in Brussels on Tuesday, combining royal ceremonials, military displays, civil-service recognitions, and public festivities, using the 21 July holiday to reaffirm constitutional stability amidst European uncertainties.
The day started with the Te Deum service at

“My focus is on maximizing our deterrence and ensuring that should deterrence fail, we’re ready to fight and win alongside allies,” Defence Secretary Streeting stated with counterparts from Italy, Japan, and Canada near Buckingham Palace as they announced Ottawa’s observer role.
The Global Combat Air Programme involves “reindustrialization and building back up our production capacity, so we

Ottawa, July 21 Eurotoday — Global Combat Air Programme expanded its international reach after Canada officially joined the UK, Italy and Japan-led sixth-generation fighter aircraft initiative as an observer. The decision was announced during the Farnborough International Airshow and gives Canada access to programme discussions while leaving open the possibility of deeper involvement in the futu

Compromise Text Brings France Closer to Europe’s Strict Child Online Safety Regulation
French legislators are nearing the final approval of legislation that would prohibit children under 15 from using social media. This follows a compromise between deputies and senators intended to take effect from the start of the 2026 school year, placing France at the forefront of Europe’s ongoing discus

Tuesday’s prices have surged by 50 percent compared to the previous month. This increase also indicates concerns that gas supplies will be further constrained due to depleted European reserves and high summer temperatures in Asia, which analysts predict will boost demand for air conditioning.
The latest price spikes have intensified fears that Middle East unrest will become a permanent aspec