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Financial Times reports France’s push to exclude the UK from the EU’s €150bn arms-reconstruction fund Safe has backfired, leaving France with €15.1bn of the €16.2bn it applied for, three people familiar told the paper. The roughly €1.1bn shortfall re

2026-07-05

Financial Times reports France’s push to exclude the UK from the EU’s €150bn arms-reconstruction fund Safe has backfired, leaving France with €15.1bn of the €16.2bn it applied for, three people familiar told the paper. The roughly €1.1bn shortfall reflected projects linked to the UK failing to meet strict eligibility rules France had promoted, the sources said. The disqualified work included projects involving missile-maker MBDA; MBDA’s UK and French units jointly produce the long‑range Storm Shadow missile used by Ukraine.

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2026-07-05

Trump said the U.S. and Iran have agreed to pause hostilities and negotiations for one week until Khamenei's funeral concludes. He added Iran is seeking a deal and that neither side will attack during the pause, noting a single strike could eliminate

Trump said the U.S. and Iran have agreed to pause hostilities and negotiations for one week until Khamenei's funeral concludes. He added Iran is seeking a deal and that neither side will attack during the pause, noting a single strike could eliminate the other side but they are refraining to preserve talks.
2026-07-05

Indian lift governments emergency controls on gas supply that were imposed after LNG supply disruptions triggered by the Middle East crisis.

Indian lift governments emergency controls on gas supply that were imposed after LNG supply disruptions triggered by the Middle East crisis.
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