The UK and the Gulf Cooperation Council (GCC) have concluded negotiations and signed a free trade agreement. The United Kingdom has thus become the first G7 country to conclude a full-fledged trade agreement with the influential Arab bloc. The agreement was signed on 20 May in London. It involves six...
The MFS scandal and its consequences for the financial systems of the UK and Europe
At the beginning of 2026, a major financial scandal erupted in the United Kingdom involving the bankrupt mortgage lender Market Financial Solutions Ltd (MFS). It emerged that the company had borrowed more than £1.3 billion in total from major banks and hedge funds, then issued expensive mortgage loans to borrowers...
Germany launches new space defence project
German defence and space companies Helsing and OHB have announced the launch of an ambitious joint project called Kirk — a new satellite system with integrated artificial intelligence, designed for military intelligence and surveillance from space. The Kirk project involves the creation of a satellite constellation equipped with advanced sensors...
The UK has authorised the import of diesel and aviation fuel produced from Russian crude oil refined in third countries
The UK government has issued a licence permitting the import of diesel and aviation fuel produced from Russian oil that has undergone processing in third countries. This was announced by the British government's press service. The licence takes effect today, 20 May 2026. British companies will now be able to...
Why young people in Germany and Europe are becoming radicalised
In the spring of 2026, Germany once again found itself at the centre of events linked to the rise of right-wing extremism among young people, a phenomenon that has ceased to be a marginal issue and is increasingly perceived as a systemic threat. The trigger for this new wave of...
US terminates defence program with Canada that spanned over 80 years
The administration of President Donald Trump has announced the termination of a key bilateral defence agreement with Canada. The program, which had existed for more than 80 years, covered close integration of air defence systems, joint military planning, and mutual defence support. The decision was announced by a White House...
Russia launches large-scale nuclear exercises
The Russian Ministry of Defense has announced the start of large-scale nuclear exercises. The drills, scheduled to run from May 19 to 21, involve more than 64,000 military personnel and over 7,800 units of weapons and military equipment. Participating forces include the Strategic Missile Troops, the Pacific Fleet, and the...
Turkey proposes building a NATO military fuel pipeline for $1.2 Billion
Turkey has put forward a major initiative to strengthen NATO's logistics infrastructure. The Turkish Ministry of Defense has proposed the construction of a strategic military fuel pipeline worth approximately $1.2 billion, designed to ensure rapid and uninterrupted fuel supplies to Alliance forces in the event of a crisis or large-scale...
EU simplifies state aid for drug manufacturing to combat shortages
Negotiators in Brussels have agreed on new rules that will significantly simplify the provision of state aid to pharmaceutical manufacturers in European Union member states, the European Parliament has announced. The initiative aims to swiftly address the problem of drug shortages, which in recent years have periodically affected several EU...
Germany dismantles powerful sanctions-evasion network
German investigators have concluded a multi-year operation and dismantled a powerful international scheme that had for years been circumventing European sanctions and supplying Russia with dual-use technologies. This became known from materials released by the prosecutor's office and Germany's Federal Intelligence Service (BND). The organizer and key figure of the...