The prime minister is backing the deal as it would allow British firms to access the contracts funded by the loanGood morning. In the UK many MPs will be spending the bank holiday campaigning for the elections on Thursday, but Keir Starmer is in Armenia, where he has announced that he wants the UK to join the EU’s €90bn (£78bn) loan for Ukraine.Starmer is attending a European Political Community summit in Yerevan. The EPC is the group set up four years ago comprising all the EU countries, plus almost all the other European countries that are not EU members. Mark Carney, the Canadian PM, is also attending (on the grounds, presumably, that in the light of the geopolitical upheavel caused by Donald Trump, the Canadians now count as honorary Europeans.)In relation to the EU loan that we are discussing participating in, that is very good for Ukraine, because it will give Ukraine capability that is desperately needs in year five of this conflict.It’s very good for the UK, because of the capability that leads to jobs in the United Kingdom.The extra funding to Ukraine could unlock opportunity for British businesses to fill urgent capability needs for Ukraine as part of the initiative and give British defence industry access to major contracts.The move is a significant step towards a new ambitious relationship between the UK and EU – building on the prime minister’s calls at the Munich Security Conference in February to deepen defence and security cooperation to match the rapidly evolving threats faced by both sides. It also comes ahead of the UK – EU summit, expected to be held this summer, where both sides will discuss further economic and security cooperation. Continue reading...
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• President Donald Trump greeted the flag-draped remains of four American service members killed during the conflict with Iran on Wednesday. • The event occurred as Trump dismissed "desperate" calls from Iranian leaders to resume diplomatic negotiations, labeling them as unserious about a meaningful deal.
Read original · cnn.com
CNN• Iranian President Masoud Pezeshkian stated that Iran will not surrender to external threats. • The President reaffirmed Tehran's commitment to resolving international disputes through diplomatic channels.
Read original · profilenews.com• Defense Secretary Hegseth testified that the U.S. war on Iran has reached a total cost of $37.5 billion. • In the Middle East, Houthi rebels warned shipping companies against using Saudi ports, while the Israeli military constructed a giant barrier to separate controlled portions of the Gaza Strip.
Read original · democracynow.org• Iran has launched missile and drone attacks on the port city of Aqaba in Jordan, escalating regional tensions. • The conflict has disrupted global energy supplies, causing Brent crude oil prices to surge above $94 per barrel.
Read original · militarynews.com• Approximately 50,000 people from over 100 countries gathered in Britain for the 60th convention of the nation's largest Muslim organization. • The event focused on calling world leaders to prioritize justice and peace over the strategic interests of powerful states to prevent a devastating global war.
Read original · manilatimes.net
The Manila Times• UN partners have launched the Winter Response Plan to provide critical aid to 2.1 million people in Ukraine to help them survive the upcoming cold season amid the ongoing Russian invasion. • In the Democratic Republic of Congo, at least 30 people were killed and dozens injured during attacks in the Beni territory between July 13 and 19.
Read original · news.un.org
UN NewsExclusive: Ro Khanna says ‘reindustrialization’ effort would provide grants, loans and investments to smaller businessesDemocrats in the US Congress have laid out plans for what they say would be the “boldest” bid to revitalize the country’s industrial heartlands since the second world war – using revenue raised by tariffs on China.A bill introduced this week would create a new bank to strengthen domestic manufacturing, provided with up to $15bn in funds each year. Continue reading...
Read original · theguardian.comAngel Rampersad, Michael Swinton, Isabella Gonzales and Tyler Feehan were among 18 US troops killed in the warA 30-year-old husband and father of two. A 25-year-old officer just weeks away from earning his MBA. A 19-year-old recent high school graduate. And a 28-year-old from Queens, New York, with a “radiant smile”.The Pentagon this week identified three American service members who were killed, and a fourth believed to have been killed, in the Middle East over the past week amid an escalation in attacks between the United States and Iranian forces. Continue reading...
Read original · theguardian.comFirm told to treat third-party services that appear in its results in ‘fair and non-discriminatory manner’Google has been fined a total of €890m (£760m) by the EU for breaches of online competition laws by its search and app store services.The European Commission, the EU’s executive arm, said Google had broken the Digital Markets Act by giving priority to its own services such as shopping and hotel deals in search results over those of its rivals. Continue reading...
Read original · theguardian.comThree others in group, believed to know each other, are in hospital after incident at West Mersea A teenage girl and a woman in her 40s have died after several people got into difficulty in the water at an Essex beach.A third person remains in hospital in a serious condition, and two other people are in hospital with non-life-threatening injuries, Essex police said in a statement on Thursday morning. Continue reading...
Read original · theguardian.comOradea is only major city in EU where local authorities have repeatedly blocked Pride plansCampaigners in a Romanian city have vowed to go ahead with plans for a Pride march after local authorities denied them permission for the fourth consecutive year.Since 2023, campaigners in the western city of Oradea – population 180,000 – have sought authorisation for Pride events. Each year, however, they have come up against opposition, turning Oradea into the only major city in the EU where local authorities have repeatedly blocked Pride plans. Continue reading...
Read original · theguardian.comBudget airline, which has two US investment firms vying to buy it, also affected by passengers booking laterThe low-cost airline easyJet has revealed a 70% slide in profits because of soaring fuel costs and later bookings as a result of the conflict in Iran, only weeks after it agreed to a £5.7bn takeover.The carrier reported a pre-tax profit of £85m between April and June compared with £286m during the same period a year earlier, as its fuel costs increased by £105m after the outbreak of hostilities in the Middle East in late February sent energy prices rocketing. Continue reading...
Read original · theguardian.com