live U.S. and Iran edge closer to deal as tensions persist
Middle East tensions remain high as the U.S. and Iran exchange strikes while signalling progress towards a possible deal. Clashes around the Strait of...
European Commissioner for Defence and Space Andrius Kubilius has called for the urgent establishment of a European Security Council to enhance the EU’s ability to take swift decisions on defence and security matters.
Speaking at a conference in Sweden on Sunday, Kubilius said the council should address Europe’s most pressing security challenges, starting with the war in Ukraine. He proposed a structure including permanent and rotating members, alongside the presidents of the European Commission and European Council, and suggested the UK could participate on broader security issues.
The council, expected to include 10 to 12 members, would be tasked with quickly preparing key decisions. Kubilius warned that Europe faces two major strategic challenges: the threat from Russia and the United States shifting focus towards the Indo-Pacific region.
He noted that Russia’s military spending now amounts to around 85 per cent of the combined defence budgets of all EU member states, and said there were no indications that Russian President Vladimir Putin seeks peace.
Kubilius added that Washington has called on Europe to assume greater responsibility for its own conventional defence, prompting the EU to launch its “Defence Readiness 2030” agenda. He concluded that Europe’s greatest weakness remains a lack of unity and stressed the need for coordinated action within NATO, even if the US reduces its military presence in Europe.
Mexico and South Africa meet in Thursday’s World Cup opener in Mexico City, with both teams approaching the match from very different positions but facing their own pressures.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
While France hosts next week’s Group of Seven summit, businesses in neighbouring Switzerland have already begun taking precautions, with many shops in Geneva boarded up ahead of a large anti-G7 demonstration expected on Sunday.
Formula 1 driver Pierre Gasly’s Monaco Grand Prix podium has been reinstated after Alpine successfully challenged his post-race penalties through a Right of Review request with the FIA.
A London court has handed down lengthy sentences to activists from campaign group Palestine Action, who raided an Israeli-owned arms company in the UK.
Sierra Leone’s First Lady, Fatima Jabbe-Bio, has lost her London social housing flat after a UK council seized it.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
Ukraine will increase military wages and expand recruitment of foreign volunteers, President Volodymyr Zelenskyy announced on Friday, as the armed forces face a critical personnel shortage after more than four years of war with Russia.
Poland will receive a new $4 billion loan from the United States through the Foreign Military Financing (FMF) programme, strengthening defence ties between the two NATO allies as Warsaw continues a major military modernisation drive.
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