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Iran also set conditions for a ceasefire via Qatar. Plus Russia's Zircon missiles, Poland's credit drop, and 4 more
Iran's top security official, Mohsen Rezaei, has conveyed Tehran's conditions for resuming talks to the White House through Qatari mediators. The demands include ending the war on all fronts, releasing frozen Iranian assets, and lifting the US naval blockade on Iranian ports.
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Yemen's Houthi forces launched ballistic missiles and drones targeting Riyadh and other Saudi cities, causing a fire near the capital's international airport. The Saudi-led coalition stated that its air force intercepted and destroyed a ballistic missile aimed at Riyadh.
The escalation has disrupted operations at Riyadh's airport, threatened global oil supplies, and prompted the US State Department to warn of a rapidly escalating conflict.
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Russian forces launched a major overnight barrage against Ukraine, firing two Zircon missiles and 174 drones. The widespread strikes hit regional infrastructure, commercial shipping, and residential areas, killing at least 11 people and injuring dozens more.
The targeted campaign against warehouses, steel plants, ports, and railways has deprived Kyiv of more than $1.5 billion in tax revenue.
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Moody's has downgraded Poland's credit rating from A2 to A3, marking its lowest level since 2002. The agency cited large fiscal deficits, rising public debt, and a limited willingness by Polish authorities to rebuild fiscal buffers.
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The German government has approved a tax reduction on gasoline and diesel by approximately 17 cents per litre starting in October. The measure, brokered between federal and state governments, aims to provide relief to consumers facing soaring fuel prices.
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A US federal appeals court has blocked a Trump administration policy that allowed migrants to be rapidly deported to third countries. The court ruled that migrants must receive effective notice of their destination and a chance to challenge the removal if they fear persecution or torture.
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NATO's top general, Admiral Giuseppe Cavo Dragone, stated that the alliance is fully prepared to respond to potential Russian escalations or staged attacks on Europe's eastern flank. The remarks follow warnings from European leaders that Moscow could launch a false flag provocation.
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Meta has launched a new legal challenge against the British regulator Ofcom over the UK's Online Safety Act. The US tech giant's latest action targets the far-reaching digital regulation.
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