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News

Israel-based Elbit Systems reported a $30bn order backlog in its latest quarterly results, with 71% from outside Israel, a sign foreign buyers are still relying on Israeli arms exports despite pressure during the Iran war.

Allied Gold operates producing gold assets and development projects across Côte d’Ivoire, Mali and Ethiopia

A drone struck an apartment block in Romania's Galați, close to the Ukrainian border, causing a fire and prompting the evacuation of dozens of residents.

Moving to curb digital harms, the federal government, on June 1, officially began enforcing a blanket prohibition barring children under the age of 16 from creating or operating independent social media accounts.

In a political concession to the state’s economic centralisation agenda, Indonesia’s powerful business consortia have announced their support for President Prabowo Subianto's newly launched export monopoly.

Tech

Russia has presented a domestically developed neuromorphic processor called “Altai”, a brain-inspired chip designed to perform artificial intelligence tasks with significantly lower power consumption than conventional processors.

The six-year facility for Poland's biggest e-commerce player will co-finance Allegro's strategic 2026-2030 plan to push its technological edge.

Despite strong potential, fragmented policies, limited access to growth capital and weak links between business and research hold the region back.

A small UK-registered biotech company believes it has found an Alzheimer's treatment that is safer, cheaper and more effective than anything currently on the market — and it has done so by revisiting a molecule first synthesised by Soviet chemists.

According to people familiar with the matter cited by the agency, the companies are examining plans to invest tens of millions of yen each, equivalent to several hundred thousand US dollars.

Opinion

I actually suspect that no-one seriously believes in the existence of the "Thucydides trap": not the Chinese, not the West, and probably not even Graham Allison, the author of the concept (he's too smart for this).

During his seven years as president, Volodymyr Zelenskiy’s attitude to Ukraine’s history has changed radically.

Core tenet of German foreign policy means a public veneer of democratic solidarity, but a reality of accommodating strongmen.

Unfortunately, as per usual, the CHP does not appear to be living in the real world.

Ukrainian refugees are likely to remain in the European Union for years – and possibly permanently – even if the war with Russia ends, according to a new report by the Clingendael Institute.

Data

New orders decrease slightly. Record reductions in backlogs and stocks of finished goods.

Index at highest since March 2024. However, “safety stock building amid disruption caused by war in Middle East” was a factor.

Poland's GDP grew 3.5% y/y in the first quarter, as household consumption and investment both weakened.

The civil servants of economic management tend to release a lower figure in the initial digestion, before revising it up in following releases.

Russia’s manufacturing sector remained in the red in May, although the pace of decline eased slightly as factories increased production to clear backlogs despite a sharper fall in new orders, according to S&P Global data.

Features

The most useful comparison for the Iran war of 2026 is not the Six-Day War of 1967. It is the Suez Crisis of 1956. The point is being made openly in Tel Aviv, by columnists who have lost patience with the Netanyahu camp's victory rhetoric.

Russia is the only country in the world to formally recognise Afghanistan’s rulers, though Central Asia is slowly but surely building relations.

Bulgaria has barely had time to celebrate joining the eurozone monetary union at the start of this year before the European Commission is set to turn around and throw it into the rapidly growing financial delinquents club.

Local residents fear development will destroy "green lungs" of Tbilisi, as their government encourages Trump Tower project to mend relations with Washington.

Mineral export bans and upcoming windfall taxes have become the country’s overarching strategy - one that is increasingly running up against regulatory bottlenecks, illegal capital leakages, and local governance deficits.

Blogs

Kyrgyzstan wants more infrastructure maintenance funds. Afghanistan is preparing to divert river flows for irrigation. Disagreements could mount.

Is Aleksandar Vučić finally running out of road? In Serbia, it is the question that follows every large protest.

EU sidelined as Washington warns over China and Russia's influence in new strategy document, while Xi Jinping honours Serbia’s president in Beijing.

New treaty amounts to de facto annexation of separatist Georgian republic, analysts and Georgian opposition figures say.

Venezuela has begun circulating draft regulations linked to its newly approved hydrocarbons law.

bneGREEN

Experts fret over possible damage to eco-balance caused by cloud-seeding. “If you take a cloud from one place, it will harm another place,” says one scientist.

Australia installed enough battery storage capacity in 2025 to shift 53% of newly generated solar electricity beyond daylight hours, as the battery revolution accelerates.

The Philippines has emerged as China’s second-largest export market for solar panels so far in 2026, driven by a rapid expansion of rooftop installations as households and businesses seek relief from some of the highest electricity prices in Asia.

While Western carmakers rush to roll out new electric models, their production lines remain tethered to an extraction and refining network dominated by a single superpower - China.

Australia has committed $10m to support climate-focused startups in Vietnam, in a move aimed at strengthening the country’s early-stage green investment ecosystem.

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