Melicher: EU Aims to Shift Defense Financing Responsibilities from the US to Europe

Bern, Switzerland, July 25 Eurotoday Newspaper — Swiss dairy industry producers are searching for new international markets after fresh US tariff measures created challenges for one of Switzerland’s most valuable food exports. Cheesemakers are increasing efforts to strengthen sales across Europe, Asia and the Middle East while continuing to support long-standing business relationships with Ameri

Europol and authorities across the Balkans have successfully dismantled a migrant smuggling network that utilized rental cars to transport migrants towards Italy. This operation led to the arrest of seven suspects linked to an organized crime group. The operation received significant support from Europol, highlighting the importance of international collaboration in tackling organized crime.

Romanian fighter jets shot down two drones that violated the country’s airspace on Friday and Saturday morning.
On Saturday morning, Romanian radar detected another unauthorized drone near the Ukrainian border, which was shot down by two Romanian F-16 jets in an unpopulated area close to the border, according to the Romanian defense ministry. Romania had already shot down another drone on Friday.

Kyiv Region, Ukraine, July 24 Eurotoday — Defence exhibition attack claimed the lives of at least 10 people after a Russian ballistic missile struck a defence industry event in Ukraine’s Kyiv region on Friday. Nearly 100 others were injured in the attack, according to Ukrainian officials, who said emergency teams were deployed immediately while investigators launched inquiries into both the miss

AMLA has issued guidelines detailing its collaboration with national financial regulators for selecting and directly overseeing key cross-border financial institutions within the EU. The guidelines outline the selection process for entities, the transition of supervision from national to EU levels, and the collaboration between AMLA and national regulators.
Unified EU Supervision
Starting in 20

The Italian minister noted that Fedorov was “moved” by the proposal, viewing it as “a mark of respect and friendship,” but did not specify whether Fedorov accepted the offer.
Crosetto highly commended Fedorov, who is acknowledged for initiating a technology transformation in Ukraine’s military, though he has also experienced conflicts with top generals.
“Fedorov

London, 2026 — BP solar business sale discussions are nearing completion after the Financial Times reported that the energy company is close to selling its solar business to a Kuwait-backed consortium. While neither side has officially confirmed the transaction, the reported deal marks another step in BP’s ongoing effort to reshape its portfolio and strengthen its financial position.
Main Develo

Every late spring and early summer, the Black Sea transforms from its usual dark color to a vibrant turquoise hue, visible even from space. This year, NASA’s PACE satellite captured the phenomenon.
On June 22, PACE’s Ocean Color Instrument (OCI) recorded this seasonal event, revealing milky-blue and turquoise areas on the Black Sea’s surface. According to NASA Earth Observatory,

In an interview, she described the situation as an “escalation of attempts,” expressing fear for her job and hesitation to refuse Khan’s advances. Khan denies any misconduct and referred to the Friday vote as “unlawful, procedurally unfair and unsupported by evidence,” according to Reuters. The decision to dismiss Khan follows a U.S. administration campaign labeling t

New York, July 24 Eurotoday Newspaper — Telecom infrastructure news gained fresh attention after Verizon announced a contract worth more than $1 billion with Google to provide dark fiber connectivity for the technology company’s expanding artificial intelligence and cloud data center network. The agreement reflects increasing demand for high-capacity digital infrastructure as AI investment accel