πŸ‡¬πŸ‡§ Ukraine to channel up to €1bn in EU loans into joint defence projects

πŸ‡¬πŸ‡§ Ukraine is set to move up to €1bn of its EU loan into the Ukraine Support Instrument to integrate its defence industry with its European partners. The move is part of a Defence Industrial Pact that should remove regulatory hurdles for industrial cooperation and to encourage member states to destock. Source: euronews Country: United … Read more

πŸ‡¬πŸ‡§ Iran’s Revolutionary Guard reports three tankers on fire in Strait of Hormuz as talks continue

πŸ‡¬πŸ‡§ Iran’s Revolutionary Guard said Friday that two oil tankers had caught fire and been stopped in the Strait of Hormuz, as Qatari mediators returned to Tehran for another round of talks aimed at ending the war between Iran and the United States. Source: euronews Country: United Kingdom

πŸ‡¬πŸ‡§ ECB holds rates at 2.5% as Lagarde announces early exit with inflation near double the target

πŸ‡¬πŸ‡§ The European Central Bank kept its deposit rate at 2.5% on Thursday, hours after President Christine Lagarde said she would leave next February, months before her term ends, as France’s bond market turmoil and inflation at 3.8% cloud the outlook for the eurozone. Source: euronews Country: United Kingdom

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