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Epirus has secured $250 million in Series D funding, as it aims to scale up production of its anti-drone weapons, the company said on Wednesday. The cash infusion comes at a time when defense contractors are struggling to meet the surge in demand for weapons following Russia's invasion of Ukraine about three years ago. Epirus won a $66 million contract in 2023 to supply its flagship product Leonidas to the U.S. Army.

Germany's recent decision to overhaul its fiscal policies marks a significant shift that could revitalize Europe's struggling economy, positioning the nation as a central economic force once again. The proposed spending plans, including a 500 billion euro infrastructure fund and increased defense expenditures, reflect a proactive response to geopolitical threats and a desire for greater economic autonomy. This transformation in fiscal strategy could have far-reaching implications not just for Germany, but for the entire European Union, as it attempts to recover from stagnation and reinvigorate growth.

Some on Europe's far-right are torn about Trump's dressing-down of Zelenskiy and his seeming indifference to the perceived threat Putin poses. Orban, Chrupalla, Salvini side with Trump's tilt towards RussiaOthers such as Meloni, Farage and Le Pen more guardedDivergence shows European far right far from cohesive group. The divisions within Europe's far-right movement over Trump's approach to ending Ukraine war are exposing deep fissures among the party members.

German defence companies are exploring the ailing car industry to increase capacity amid rising military spending in Europe, potentially reviving the continent's biggest economy. The shift could be driven by European leaders' agreement to mobilise up to 800 billion euros for rearmament and Germany's desire to boost its economic growth. A pivot towards defence production may also give a boost to the country's GDP.

Offset has revealed plans to perform at Moscow's MTC Live Hall on April 18, despite his label, Motown Records, being part of Universal Music Group, which suspended operations in Russia following the invasion of Ukraine. This decision has sparked controversy as many artists and labels have canceled performances in Russia as a form of protest against the ongoing conflict. The upcoming concert raises questions about the implications of individual artist choices in the face of broader political and ethical considerations in the music industry.

President Donald Trump will consider restoring aid to Ukraine if peace talks are arranged and confidence-building measures are taken, White House national security adviser Mike Waltz said on Wednesday. Trump halted military aid to Ukraine on Monday, his latest move to reconfigure U.S. policy and adopt a more conciliatory stance toward Russia. The letter from Ukrainian President Volodymyr Zelenskiy that expressed willingness to come to the negotiating table was seen as a positive first step.

France's President Emmanuel Macron has announced that he is open to discussing an extension of France's nuclear umbrella to its European partners, a move aimed at bolstering regional security amid rising tensions with Russia. This proposal comes as France and Britain are Europe's only two nuclear powers, and Macron wants to ensure that his country's unique deterrent capability is shared among allies in the face of growing threats. By doing so, he aims to demonstrate France's commitment to its European partners and enhance collective defense against potential aggression.

The conflict in Democratic Republic of Congo's eastern borderlands is set to erupt into a wider regional war, with three neighbouring armies already on the ground and a long history of outside interference. The region is home to vast reserves of strategic minerals that are central to the world's race to develop new technology and green energy, raising the stakes even higher. The mechanisms used to end such conflicts, including robust U.N. peacekeeping missions and decisive actions such as sanctions and aid cuts, are frayed.

The CEO's public persona and the brand he founded are facing backlash after a man claims to have lost $70,000 in business contracts due to negative perceptions of his Tesla Cybertruck. While some owners adore their vehicles, others are distancing themselves from the brand amid widespread criticism of Musk's erratic behavior and social media actions. The controversy surrounding Musk's image is complex, with some viewing him as a visionary and others as a polarizing figure.

Germany's coalition agreed a landmark deal to exempt defense spending from its harsh debt brakes, in addition to unveiling a $535 billion infrastructure pledge. The country announced plans to change its constitution and abandon its long-standing commitment to fiscal prudence. Germany finally unveiled a plan that could address years of economic decline and the war in Ukraine as the country announced plans to change its constitution and abandon its long-standing commitment to fiscal prudence.

The UK's Royal Navy closely monitored a Russian warship and merchant vessel this week as they transited the English Channel and North Sea. Britain's navy has been tracking potential threats to national security, including critical infrastructure such as undersea cables or pipelines. The Royal Navy routinely conducts shadowing missions to monitor suspicious vessels.

Greece's top court has ordered the release of Israeli mining magnate Beny Steinmetz, setting aside a lower court ruling for his extradition to Romania on an arrest warrant. Steinmetz was initially detained by Greek police and had appealed against being extradited, citing freedom of travel as a right. The decision comes after previous courts in Greece and Cyprus ruled against his extradition.

Russian counter-terrorism forces killed four militants affiliated with the Islamic State jihadi group who were plotting an attack in the mainly Muslim region of Dagestan, Russian security services said on Wednesday. Intelligence services have been alarmed by an upswing in militant Islamist activity and plots in Russia and Central Asia from where thousands travelled to join jihadi groups fighting in the Syrian civil war. The incident in Dagestan came just days after Russia's Federal Security Service (FSB) shot dead a man who was planning attacks on the Moscow metro and a Jewish religious institution in the Moscow region.

The Tate brothers, Andrew and Tristan, left Romania where they face rape and human-trafficking charges, which they deny, to escape a travel ban that had been in place for over two years. They arrived in the US after speculation about their departure had mounted ahead of their journey, with some reports indicating that US officials had asked for their travel restrictions to be relaxed. The brothers' US following and popularity among certain elements of the American right are likely to be a factor in the ongoing investigation into their alleged crimes.

The US economy is facing significant uncertainty under President Donald Trump's policies, which have been accompanied by warning signs about inflation, factory activity, and consumer confidence. The president's address to Congress highlighted his defense of tariffs as a means to rebalance trading relationships he deemed unfair. However, the long-term implications of this strategy on the economy remain uncertain.

Musk's social media posts criticize judges, calling them "corrupt" and "radical"Judges report increased threats, U.S. Marshals warn of high threat levelsLegal experts warn attacks on judges threaten judicial independenceThe U.S. government has long relied on the judiciary to safeguard its democratic foundations, but recent events suggest that this critical institution is facing unprecedented challenges. As Elon Musk and other Trump administration allies continue to attack federal judges, threatening their safety and undermining the rule of law. The escalating threats against judges pose a significant risk to judicial independence, which is essential for upholding constitutional principles.

Defence stocks have surged as investors expect governments across Europe to ramp up spending following recent developments in geopolitical tensions. The rally in UK defence stocks on Monday helped propel the FTSE 100 to a record high close of 8,904 points, as European leaders agreed to boost defence spending and announce plans to increase their military aid to Ukraine. Investors are betting that Europe will shoulder more responsibility for its own security following the US decision to pause military aid to Ukraine.

Canada has requested consultations with the United States at the World Trade Organization over "unjustified tariffs" imposed on Canadian imports, citing a need to protect its interests. The move comes as tensions between the two nations escalate, with Canada announcing retaliatory tariffs of C$30 billion and potentially another C$125 billion in 21 days if necessary. The dispute raises concerns about the impact on global trade and the potential for a new trade war between the world's largest economies.

The stock market's reaction to President Trump's trade war has been swift and decisive, with markets falling further on Tuesday as the trade war began in earnest. The sell-off was fueled by retaliatory tariffs from Canada and Mexico, as well as warnings from businesses about the squeeze of forceful levies. Amid the chaos, it seems clear that Wall Street is delivering its own resounding judgment on Trump's economic actions.

America's farmers are once again at the center of global trade tensions this week as Donald Trump's implementation of new tariffs was met with countermoves that could raise food prices and impact rural economies. China's immediate retaliation Tuesday largely focused on agriculture, with tariffs of up to 15% imposed on a series of US farm products. The situation echoes previous trade fights, but with shifting global trading relationships and new challenges for farmers.

The European Commission has delayed announcing its plan to phase out the region's reliance on Russian energy imports for a second time, pushing back the original March 26 date to an unspecified date. This delay comes as the EU aims to balance energy security with lower prices to keep industries competitive with rivals in China and the United States. The plan was first set in February, but Commissioner Dan Jorgensen had promised to present it during his first 100 days in the post.

The pound has rallied against the dollar, driven by concerns over US president Donald Trump's policies and their impact on the global economy. The dollar's weakness is seen as a reflection of market doubts about the effectiveness of Trump's trade policies, which are expected to push up inflation and keep the Federal Reserve tighter for longer. This trend suggests that investors believe Trump's policies may be bad for the US and good for Europe.

The Kremlin has indicated that discussions on Iran's nuclear programme will be a key topic in future talks between Russia and the United States, following initial mentions during a recent round of U.S.-Russia talks. Russia's President Vladimir Putin has strengthened ties with Iran since the start of the Ukraine war, signing a strategic cooperation treaty in January. The issue of Iran's nuclear dossier is expected to be addressed through diplomatic means, with Russia positioning itself as a key player in resolving the conflict.

Russia's main task remains to inflict "maximum defeat" on Ukraine, former president Dmitry Medvedev said on Wednesday. Russia is advancing, but the enemy is resisting and has not yet been defeated. Medvedev expects the United States to resume military aid to Ukraine once Ukrainian President Volodymyr Zelenskiy signs a minerals agreement with Washington.

Democratic U.S. Senator Elissa Slotkin of Michigan has made a case for bipartisan values and invoked former Republican president Ronald Reagan in her party's rebuttal to President Donald Trump's address to Congress, stressing shared values like bolstering national security and fighting for democracy. Slotkin steered clear of inflammatory rhetoric and sought to relate to Americans on both sides of the political aisle by claiming "shared values". Her criticism of Trump's handling of Russia's war in Ukraine echoed a Democratic talking point since the start of Trump's second term.

Canada and the United States offered to resettle 48 ethnic Uyghurs held in detention in Thailand over the past decade, but Bangkok took no action for fear of upsetting China. The group was covertly deported to China despite calls from United Nations human rights experts, who warned they would be at risk of torture, ill-treatment, and "irreparable harm." Thailand's decision has drawn widespread condemnation from human rights groups.

China has introduced additional fiscal stimulus measures aimed at bolstering consumption and mitigating the adverse effects of an escalating trade war with the United States, with a growth target set at around 5%. Premier Li Qiang highlighted the urgency of addressing the "unseen" global changes and the impact on China's trade, technology, and household demand, emphasizing the need for a shift from an export-driven model to one that prioritizes internal consumption. Despite increased government spending plans, analysts express skepticism about the effectiveness of these measures in generating significant consumer demand.

The United States has developed a highly skilled ability to wage economic warfare, using financial and technological dominance as potent foreign-policy weapons, with low-profile officials playing key roles. European leaders worry that Donald Trump's return to the White House may turn his fire on erstwhile allies, leaving little they can do but threaten escalation. The US has weaponised chokepoints in the global economy, rolling out sanctions after major events such as the 9/11 attacks and punishing countries like Russia and China for circumventing sanctions.

Taiwan is learning from companies in Ukraine that continue to provide critical services during wartime, including Uber and Microsoft, as it speeds up contingency planning amid heightened Chinese threats. The island is taking inspirations from Ukraine's experiences on incorporating supermarkets into the government's supply distribution network and utilizing taxi services for medical emergencies. Taiwan is revamping its air-raid alert and shelter systems, taking into account lessons from northern European countries and Baltic states.

U.S. President Donald Trump announced that he received a letter from Ukrainian President Volodymyr Zelenskiy, in which the Ukrainian leader expressed willingness to engage in negotiations over the Russia-Ukraine war, with Zelenskiy stating that "nobody wants peace more than the Ukrainians." This comes after talks between the two leaders at the White House broke down due to acrimonious exchanges. The letter was seen as a positive development in the conflict, but its implications remain uncertain.

Donald Trump has stood behind his ambitious tariff plans, defended the implementation of new tariffs on America's top three trading partners, and acknowledged potential economic discomfort as a necessary step to achieve his goals. The president's address to Congress was marked by culture war standoffs and an effort to reassure investors despite two days of stock market losses. However, the speech did little to calm uneasy markets this week.

U.S. stocks climbed Wednesday after President Donald Trump pulled back on some of his tariffs temporarily, reviving hope that a worst-case trade war may be avoided. The move helped the S&P 500 rise 1.1%, while the Dow Jones Industrial Average climbed 485 points and the Nasdaq composite gained 1.5%. However, concerns remain about the potential economic impact of tariffs on U.S. households and businesses.

China monitored a Philippine civilian boat delivering daily provisions to the "illegally grounded" warship at the disputed Second Thomas Shoal on Tuesday, marking a resumption of tensions in the region. The move by China's coast guard signals a lack of progress in the countries' efforts to manage maritime disputes through cooperation and diplomacy. The Philippines has maintained its presence at the shoal, despite calls from China for it to leave.

China will boost its defence spending by 7.2% this year, maintaining a steady growth rate as Beijing faces headwinds from three years of sluggish economic expansion amid mounting geopolitical challenges from Taiwan to Ukraine. The increase is well above China's economic growth target for this year and reflects Beijing's ambitions for continued military modernisation amid roiling geopolitical challenges. This year's report stresses the importance of combat readiness and scientific and strategic improvements, while also pledging to "continue improving the political conduct of the military".

Chinese Premier Li Qiang has reiterated China's commitment to "firmly advance" reunification with Taiwan, opposing any external interference while appealing to the Taiwanese people as "fellow Chinese." The language used in this year's report marks a shift from previous statements, dropping the emphasis on "peaceful" reunification, reflecting China's increasing military pressure on the self-governing island. As tensions escalate, China's stance on Taiwan continues to prioritize economic relations, indicating that while reunification remains a key agenda, it may not be the primary focus amid broader geopolitical challenges.

U.S. stock indexes experienced a notable increase following President Donald Trump's announcement to temporarily exempt automakers from a 25% tariff on imports from Canada and Mexico. The decision contributed to a decline in the U.S. dollar while the euro reached its highest level in four months, buoyed by significant infrastructure funding in Germany. Despite this positive market response, concerns linger regarding the administration's inconsistent messaging and the potential impact of ongoing trade tensions.

A Hong Kong-based company has agreed to sell most of its stake in two key ports on the Panama Canal to a group led by US investment firm BlackRock. The sale comes after weeks of complaining by President Donald Trump that the canal is under Chinese control and that the US should take control of the major shipping route. The deal includes a total of 43 ports in 23 countries around the world, including the two canal terminals.

The US administration's decision to give Chevron one month to shut down its oil operations in Venezuela is a significant blow to President Nicolas Maduro's regime, forcing him to navigate democratic reforms and migrant acceptance in a tight timeline. The Treasury Department's deadline is an unexpected move, likely intended to pressure Maduro into new negotiations, while leaving room for the possibility of renewed operations if terms are agreed upon. This ultimatum could have far-reaching implications for Venezuela's economy and global oil markets.

The situation in Ukraine remains uncertain, with ongoing tensions between Russia and Western countries, including the United States. The Biden administration's decision to send advanced military equipment to Ukraine has increased the stakes, as Moscow responds with increasing aggression. As the conflict escalates, diplomatic efforts are crucial to preventing a wider war.

The Dow Jones Industrial Average fell about 1.5% on Tuesday as stocks responded to fresh tariffs on Canada, Mexico, and China, wiping out post-election gains in the S&P 500. The tech-heavy Nasdaq Composite closed down about 0.4%, avoiding correction territory, but investors are growing increasingly concerned about the impact of Trump's trade policies. The recent escalation of tariffs has sparked fears of a growth slowdown and is putting pressure on companies like Target and Best Buy.

Doug Ford has threatened to cut off power supply to the US if President Donald Trump continues with tariffs against Canada, in a move that could have significant implications for energy trade between the two countries. The Ontario premier has announced a retaliatory plan, including a 25% surcharge on Canadian electricity exports to three US states: Michigan, New York and Minnesota. This measure is aimed at punishing the US for imposing tariffs on Canadian goods, but it also risks disrupting the power supply to millions of Americans in those states.

The Dow Jones Industrial Average fell about 0.7% in response to fresh tariffs on Canada, Mexico, and China, while the benchmark S&P 500 dropped 0.3% after scaling back steeper losses. The Nasdaq Composite rose 0.6% after also paring losses, its only index to gain ground. Rising fears of a full-on trade war drove Monday's sell-off as President Trump imposed new tariffs on America's top trading partners.

Ukrainian President Volodymyr Zelensky characterized his recent meeting with U.S. officials as "regrettable," following a diplomatic breakdown that led to a pause in military aid from the U.S. He expressed readiness to negotiate under Donald Trump's leadership, emphasizing Ukraine's desire for constructive cooperation and outlining proposals to end the ongoing war. The fallout from the meeting has drawn mixed reactions, with European leaders supporting Zelensky while Trump’s camp criticized his approach and statements.

Butch Wilmore and his colleague Chris Williams will continue to fly on the International Space Station as part of Crew 9, despite initial speculation that politics may have played a role in their extended stay. The astronauts maintained that they came prepared to stay long, even if their original plan was to stay short. This response suggests that NASA astronauts are trained to adapt to changing circumstances and prioritize mission objectives over external influences.

The US and Ukraine are set to sign a minerals deal that has been put on hold due to a contentious Oval Office meeting between President Donald Trump and Ukrainian President Volodymyr Zelenskiy, which resulted in the Ukrainian leader's swift departure from the White House. The deal, which was proposed last week, aims to provide the US with access to revenues from Ukraine's natural resources in exchange for increased economic support. Despite the tense meeting, both sides are willing to move forward with the agreement, although it is unclear if any changes have been made.

Germany's conservative parties and the Social Democrats (SPD) have reached a consensus to pursue reforms to the country's debt brake, aiming to facilitate increased defense spending and the establishment of a substantial 500 billion euro infrastructure fund. This agreement highlights the urgency of addressing national challenges and reflects a strategic shift in fiscal policy to bolster economic resilience. The collaborative effort showcases a willingness to adapt to changing geopolitical demands while balancing fiscal responsibility.

President Trump's 25 percent tariffs on Canada and Mexico have officially taken effect, prompting immediate retaliatory measures from both countries and resulting in a significant decline in global stock markets. Canadian Prime Minister Justin Trudeau criticized the tariffs as "a very dumb thing to do," while Mexico's President Claudia Sheinbaum expressed a desire for dialogue despite announcing plans for retaliatory tariffs. The escalating tensions highlight the potential economic ramifications of protectionist policies and the interconnected nature of international trade.

Israel's top security agency, Shin Bet, ignored signs of a potential Hamas attack in October 2023 and was misled into believing the militant group did not want all-out war. The agency's own inquiry found that its failure to protect Israeli civilians led to one of Israel's most devastating security failures, resulting in over 1,200 deaths and widespread destruction. This incident has raised concerns about the effectiveness of Israel's intelligence agencies and the government's response to emergencies.

Ontario is taking bold action against U.S. President Donald Trump's tariffs by ripping up a $100-million Starlink deal with SpaceX and imposing a 25-per-cent energy surcharge on electricity sent to millions of Americans. The province is also banning American companies from $30 billion worth of procurement contracts and eradicating U.S. booze from its shelves. As tensions escalate, Ontario is determined to protect its interests and diversify its trade relationships.

U.S. stocks experienced a sharp decline on Tuesday, with the Dow Jones Industrial Average falling by up to 700 points following President Donald Trump's implementation of 25% tariffs on goods from key trading partners. Countries such as China and Canada responded with retaliatory tariffs, heightening concerns among investors about the potential impact on U.S. companies and the broader economy. As companies like Tesla and Best Buy reported stock drops due to fears of increased prices and reduced profits, the market remains volatile amid escalating trade tensions.