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The European Commission has allocated €3.9 billion to Ukraine to finance its drone project. This funding is part of a €90 billion loan program.

2026-06-30

The European Commission has allocated €3.9 billion to Ukraine to finance its drone project. This funding is part of a €90 billion loan program.

Other News
2026-06-30

Four people directly involved in the discussions said energy prices unexpectedly fell sharply last week, further reducing pressure on ECB policymakers to raise rates next month, though the case for a modest additional hike remains intact. The ECB's i

Four people directly involved in the discussions said energy prices unexpectedly fell sharply last week, further reducing pressure on ECB policymakers to raise rates next month, though the case for a modest additional hike remains intact. The ECB's increase this month was aimed at preventing an Iran-war driven oil spike from lifting market inflation expectations; officials are now debating the urgency of subsequent tightening. Futures at several key maturities have fallen faster than the ECB's previously outlined "mild" tightening scenario. Earlier concerns about fuel shortages, including jet fuel, have proved excessive as some oil producers, notably Saudi Arabia, have supplied more than expected to stabilize markets. Even after last weekend's Iran–US escalation, oil showed little reaction, suggesting normalization in energy markets.
2026-06-30

The CCP Politburo met on June 30, chaired by Xi, and instructed accelerated flood and drought prevention and relief. It ordered prioritizing citizens’ safety, improving monitoring and forecasting precision, and conducting timely, decisive evacuations

The CCP Politburo met on June 30, chaired by Xi, and instructed accelerated flood and drought prevention and relief. It ordered prioritizing citizens’ safety, improving monitoring and forecasting precision, and conducting timely, decisive evacuations to avoid mass casualties. The Politburo demanded strengthened flood protection for major rivers and lakes and tighter control of river/lake flow corridors, while treating rapid shifts between drought and flood as a key risk and pursuing both flood and drought measures. It called for unified water-source management and scheduling, enhanced inspections and protections for major infrastructure and construction projects, and reinforcement of agricultural infrastructure. Authorities were told to ensure fast, efficient rescue and relief capacity via pre-positioning of forces, equipment and supplies, and to shift resources and personnel to grassroots/frontline units to boost local disaster-response capability and safeguard basic living needs of affected populations.
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