(KYIV, UKRAINE) – A Ukrainian engineering group has mastered the overhaul of American Detroit Diesel 8V71T engines used in M109 self propelled howitzers, applying a repair standard common across NATO countries. The move helps secure artillery readiness as demand for these power units rises globally. The work is carried outContinue Reading
(BRUSSELS, BELGIUM) – Battery electric vehicles outsold petrol cars across the European Union for the first time in a single month, according to fresh registration data for June 2026. The figures mark a turning point in the region’s automotive market as the shift away from traditional fuels gathers pace. TotalContinue Reading
(LONDON, UK) – The price of Brent crude oil climbed above $100 per barrel for the first time since May, driven by fears that the widening conflict in the Middle East could choke a vital export route for Saudi Arabian oil. Brent, the global benchmark, jumped more than 6 percentContinue Reading
(MOSCOW, RUSSIA) – About 2,700 tourism companies in Russia closed down in the first half of 2026, according to Ukraine’s foreign intelligence service. The figure marks a jump of more than 52 percent compared to the same period a year earlier. The data points to a sharp contraction in theContinue Reading
(KYIV, UKRAINE) – Ukraine has received a second tranche of approximately 690 million US dollars from the International Monetary Fund under a new four year programme, Prime Minister Serhiy Koretskyi announced on Friday. In a statement posted on his Telegram channel, the prime minister confirmed that the funds had alreadyContinue Reading
(CHARLOTTETOWN, CANADA) – Prime Minister Mark Carney has said Canada will consider all possible countermeasures if talks with the United States fail to lift new 50 percent tariffs on Canadian goods. The duties are set to take effect on 19 August. Speaking to reporters in Charlottetown, Mr Carney said everythingContinue Reading
(ASTANA, KAZAKHSTAN) – Kazakhstan’s oil production has dropped sharply after the shutdown of a Black Sea terminal that serves as the main export outlet for Kazakh crude and that recently came under drone attack. Two industry sources told Reuters on Thursday that the heaviest fall was recorded at the TengizContinue Reading
(BEIJING, CHINA) – Some Chinese refineries have increased purchases of sanctioned Russian crude oil even as discounts on those barrels narrow, according to trade sources. The shift comes as the escalating conflict involving Iran disrupts oil supply from the Middle East. Reuters reported that independent Chinese refiners had earlier madeContinue Reading
(LOS ANGELES, USA) – A federal court in California has extended a pause on the $110 billion takeover of Warner Bros. Discovery by Paramount Skydance Corp. until 17 August. The decision keeps one of the largest media mergers in history on hold while legal challenges move forward. US District JudgeContinue Reading
(WASHINGTON, USA) – The United States government has introduced new tariffs on goods from 60 countries, covering the great majority of American imports, after deciding that those nations have not taken enough action to tackle forced labour. The new duties, which range from 10 percent to 12.5 percent, target keyContinue Reading
