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Ukraine war briefing: Netherlands to spend almost $300m on making drones for Ukraine | Ukraine

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  • The Netherlands will spend 248m euros ($293m) on producing drones for Ukraine, Dutch defence minister Dilan Yesilgoz-Zegerius said on Wednesday. “Drones play a crucial role on the modern battlefield. Ukrainians deploy them with incredible skill to repel the incessant Russian attacks,” she said after meeting her counterparts from Nato countries and the alliance’s secretary general Mark Rutte in Berlin on Wednesday. “Thanks to the good cooperation with Ukraine, we are learning directly from this. This also offers opportunities for our business community,” she added. The drones will be manufactured in the Netherlands and Ukraine.

  • Rutte and Kyiv’s top allies vowed Wednesday they would not lose sight of Ukraine’s conflict with Russia and called on others to urgently boost their support for the country. With the outbreak of the US-Israel war against Iran, fears have grown that international support for Kyiv is waning, more than four years since Moscow’s full-scale invasion. American-led talks to end Europe’s deadliest conflict since the second world war have stalled since the start of the Middle East war, at a time US support for Ukraine was already weakening under US president Donald Trump.

  • Russia’s defence ministry warned on Wednesday that European plans to step up drone supplies to Ukraine are dragging those countries deeper into a war with Russia. The ministry said it believes governments in a number of EU countries have decided to increase the production and supply of drones to Ukraine, a move Moscow views as a step that is escalating the conflict. It published a list of factories and enterprises in several European countries it alleges manufacture drones or drone components, and gave their addresses, including sites in Britain, Germany, Spain, Italy, Israel and Poland, among others.

  • Russian forces attacked Ukrainian capital Kyiv with missiles early on Thursday, killing a 12-year-old child, injuring several people, including emergency crew members, and damaging buildings, mayor Vitali Klitschko said. “As a result of the enemy attack, a 12-year-old child has been killed,” Klitschko wrote on Telegram. “At the moment, 10 people are injured. That includes several medics.” He said a large fire had broken out in a building in the Obolon district in the north of the capital, while debris had fallen in several locations. Tymur Tkachenko, head of the city’s military administration, said at least four people had been injured.

  • A Russian strike on an apartment building in Ukraine’s Black Sea port of Odesa killed one person and injured six on Wednesday, the head of the local military administration said. Serhiy Lysak, writing on Telegram, said apartments from the fifth to the seventh floor of the building were damaged. He posted photos showing at least one apartment badly damaged and debris strewn throughout the building’s interior.

  • Ukraine’s defence ministry said on Wednesday it was introducing a new model of operations integrating drone warfare with infantry activity and pointed to successes announced by its top commander in retaking territory from Russian forces in the south of the country. Top commander Oleksandr Syrskyi said Kyiv’s forces had regained control of nearly 50 sq km (19 sq miles) of its territory from Russia in March, building on its gains since the start of the year. Drones have assumed a prominent role in the four-year-old war pitting Kyiv against Moscow. Both sides have also devoted resources to developing ways to intercept drones and upgrade air defences.

  • A Ukrainian unit told AFP on Wednesday that it has carried out more than 100 attacks on the front using ground robots, after president Volodymyr Zelenskyy recently hailed the capture of a Russian position thanks to this new method. “In total, there have already been over 100 such operations,” said a source within the NC-13 company, which specialises in the use of these combat machines and is part of Ukraine’s 3rd Assault Brigade. “These operations include the elimination of enemy personnel, the destruction of shelters, command posts, and other enemy infrastructure objects. These are no longer isolated incidents, but systematic combat operations,” the source said. The systems allow the replacement of infantry assaults – which can result in soldier deaths – but also to detect and engage targets and prevent enemy infiltrations, the source said.



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    World Cup 2026: Fifa urged to remove official over hand gesture; teams hit back at Ceferin; Iran arrive in US – live | World Cup 2026

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    More now on the hand gesture story mentioned earlier. Fifa’s discrimination monitor at the World Cup has called for a video assistant referee to be removed for appearing to make a hand gesture resembling a white supremacist sign.

    “Advice from our experts is that the gesture used clearly resembles an upside down ‘OK’ hand symbol used as a ‘white power’ symbol in global far-right circles,” the Fare network, a longtime partner of Fifa and Uefa, the European football governing body, to monitor racist and discriminatory chants, flags and symbols at international games, said in a statement. “Clearly this official should have no further role to play in this World Cup,” Fare said in a statement, describing the gesture as “neo-Nazi.”

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    Man who suffered 'racially-motivated' attack says he regrets moving to NI

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    The man said his home has been targeted three times in the last five months.



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    European stock markets hit record high and oil price falls to three-month low after US-Iran peace deal – business live | Business

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    European stock markets hit record high

    European stock markets have hit a record high at the start of trading, as relief over the US-Iran peace deal ripples across global markets.

    The pan-European Stoxx 600 index has jumped by 0.9% to 639 points, over the previous record high set just before the Iran war started, with shares rising in London, Frankfurt, Paris, Madrid and Milan.

    Mining and travel companies are driving the rally, while oil company shares are sliding.

    That follows sharp gains in Asia-Pacific markets overnight, where Japan’s Nikkei surged by 5% on hopes that the strait of Hormuz will reopen within days.

    Matt Britzman, senior equity analyst at Hargreaves Lansdown, says global equity markets are starting the week firmly on the front foot after President Trump announced that a deal with Iran had been reached, adding:

    double quotation markThe move has given investors a clear reason to dial back some of the geopolitical risk premium that has hung over markets, especially as the Strait of Hormuz is expected to reopen and oil prices move sharply lower.

    Energy prices have been one of the clearest transmission channels from Middle East tensions into inflation, bond yields and equity sentiment, and there is likely to be a concerted effort to get prices down even further once this deal is finalised.

    There are still details to be ironed out before markets can fully trust the agreement, but for now the direction of travel is clear: lower oil, calmer nerves and a renewed appetite for risk.

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    Peace deal should keep mortgage rates down

    Mortgage borrowers can breathe a sigh of relief at the news of a peace deal in Iran, says Adam French, head of consumer finance at Moneyfactscompare.co.uk.

    double quotation markWhile we are far from being out of the woods yet, a lasting peace deal should dramatically reduce the risk of the Bank of England’s worst-case scenario for inflation and interest rates becoming a reality.

    “Under that scenario, Base Rate could have risen to 5.25%, potentially pushing typical rates on new mortgages towards 6.75%. Instead, today’s news means mortgages rates, which have already been slowly falling for several weeks, have likely already passed their peak – at least until the next unwelcome crisis.

    “Borrowers can be optimistic but with a word of caution, as inflation and economic data will continue to influence the outlook. However, a lasting peace should remove one of the biggest risks to mortgage costs and may help restore a more stable environment for hard-pressed remortgage borrowers and prospective buyers.”

    Even before this morning’s drop in UK bond yields (see earlier post), average mortgage rates have dipped slightly.

    Moneyfacts reports:

    • The average 2-year fixed residential mortgage rate today is 5.61%. This is down from 5.62% the previous working day.

    • The average 5-year fixed residential mortgage rate today is 5.58%. This is down from 5.59% the previous working day.

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