Russia’s Putin dismisses Tansport Minister Starovoit, appoints Nikitin
Key Points Russian President Vladimir Putin has dismissed Transport Minister Roman Starovoit. Starovoit’s deputy has been appointed as the new transport minister. The Kremlin has not provided an official explanation for the dismissal. Starovoit’s tenure…
French Police slash migrant boat in Channel Crossing
Key Points French police punctured an inflatable boat carrying migrants attempting to cross the English Channel to the UK. The incident occurred amid ongoing tensions between France and the UK over migrant crossings. Authorities cited safety concerns and…
EU and US near trade deal to stop Trump’s 50% Tariffs
Key Points The European Union and United States are reportedly close to reaching a “framework” trade deal aimed at averting the threat of steep new tariffs—up to 50%—proposed by President Donald Trump. Trump has publicly floated the idea of imposing…
Europe heatwave cuts GDP by 0.5%: Allianz warns
Key Points Allianz, a leading global insurer, warns that ongoing heatwaves could reduce Europe’s GDP by 0.5 percentage points. The warning comes amid record-breaking temperatures across Europe, with France closing over 1,300 schools and the Eiffel…
Russia takes full control of Luhansk Region
Key Points Leonid Pasechnik, the Moscow-appointed leader of Luhansk, announced Russia now has “100% control” of the region. This is the first Ukrainian region fully occupied by Russian forces since the 2014 annexation of Crimea. The…
UK Auto production hits 76-Year low amid Trump Tariffs
Key Points UK car production in May 2025 fell 32.8% year-on-year to 49,810 units, the lowest May output since 1949, excluding the pandemic-affected 2020. The decline marks the fifth consecutive month of falling vehicle output in the UK. US President…