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News
Hungary to Compensate Diesel Car Owners as Fuel Prices Rise
2+ day, 20+ hour ago (278+ words) Saturday, 12 September 2026 Hungary will offer a one‑time 20,000 forint (~$64) subsidy to owners of diesel cars up to 150 hp, instead of a fuel price cap, amid a severe European diesel shortage driven by refinery constraints, export bans and rising winter demand....
Germany Urges Major Cuts to European Union's Trillion-Euro Budget
4+ day, 20+ hour ago (328+ words) Wednesday, 9 September 2026 German Chancellor Friedrich Merz, joined by five “frugal” EU partners, called on September 9, 2026 for reductions totaling hundreds of billions of euros in the European Commission’s nearly €2 trillion 2028–2034 EU budget proposal, stressing affordability and urging spending across all areas…...
Europe Faces Pain of Rising Gas Prices Amid Russian Supply Cuts
4+ day, 23+ hour ago (149+ words) Wednesday, 9 September 2026 The Kremlin claims that soaring European natural gas prices—driven by disruptions linked to the Iran war—have placed Europe in a tight spot, arguing that Europe would benefit by turning to cheaper Russian supplies instead of expensive…...
Hungary loses court fight over frozen Russian asset profits for U
5+ day, 6+ hour ago (94+ words) Wednesday, 9 September 2026 The EU General Court on September 9, 2026 dismissed Hungary’s challenge against the bloc’s decision to divert windfall profits from frozen Russian central bank assets to support Ukraine’s defence, ruling it lacked jurisdiction over the matter. The profits, stemming from…...
EU Halts Subsidy Payments to Czech Agrofert Amid Babis Scrutiny
5+ day, 17+ hour ago (309+ words) Tuesday, 8 September 2026 The EU’s executive arm has suspended €3 million in cohesion and agricultural subsidy payments to Agrofert, citing unresolved conflict of interest concerns around PM Andrej Babiš and inadequate mitigation via his RSVP Trust. PRAGUE, Sept 8 (Reuters) - The European Union…...
Russia's Arctic LNG 2 Seeks $1 Billion Damages from Hanwha Ocean
5+ day, 21+ hour ago (223+ words) Tuesday, 8 September 2026 MOSCOW, Sept 8 (Reuters) - Arctic LNG 2, a liquefied natural gas project led by Russia's Novatek, is seeking about $1 billion in damages from South Korean shipbuilder Hanwha Ocean over cancelled tanker construction contracts, according to a disclosure by Hanwha. Arctic…...
MBDA Wins Contract to Supply Anti-Missile Systems to Spanish Navy
6+ day, 23+ min ago (159+ words) Tuesday, 8 September 2026 MBDA has secured a €29.7 million, 10‑year contract to deliver three SIMBAD‑RC anti‑missile systems—using Mistral 3 missiles—for Spain’s Navy, enhancing defense for its F‑80 (Santa María‑class) frigates and marking MBDA’s first direct agreement with the…...
Sweden Buys Lockheed Martin Himars Artillery System in $729M Deal
6+ day, 21+ hour ago (132+ words) Monday, 7 September 2026 Sweden will purchase about 10 HIMARS systems plus ammunition from Lockheed Martin in a SEK 7 billion (≈ USD 729 million) deal. Deliveries start in 2027, with ammunition co‑produced by Saab in Sweden. STOCKHOLM, Sept 7 (Reuters) - Sweden has decided it will buy…...
EU to propose ban on waste exports, including aluminium scrap, to
1+ week, 2+ day ago (315+ words) Friday, 4 September 2026 The EU will propose a ban on waste exports—including aluminium scrap—to non‑OECD countries via a delegated act under the Waste Shipment Regulation, with an exemption for some candidate countries. The measure follows concerns that existing…...
Russia Clarifies Airspace Safety Measures for Foreign Airlines
1+ week, 4+ day ago (218+ words) Thursday, 3 September 2026 Russia’s Transport Ministry reassured foreign airlines on Sept 3 that safety protocols at Russian airports and in its airspace remain clear and upheld, following warnings from Ukraine’s President Zelenskiy about drone-related risks. The aviation watchdog Rosaviatsiya echoed this by…...