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Bart Melek

  • Jun 15

    Oil drops over 5% after US-Iran deal, but analysts warn energy shock 'is not over' and recovery will take months

    Oil prices fell more than 5% and Asian equities surged Monday after the United States and Iran announced a framework agreement to end their war and reopen the Strait of Hormuz, though analysts warned the energy supply shock is not over and a full return to normal flows will take months.

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Today’s Brief

Kh-101s, Ceuta and dry rivers

Russia tests NATO borders as fires, migration and Ebola stretch governments

A Russian missile landed in Poland during a heavy barrage on Ukraine, while governments around Europe fought fire, heat and migration pressure. Markets found comfort in AI earnings, but safety lapses and cost overruns kept the bill visible.

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  • Migrant surge in Spain's Ceuta enclave

    Confirmed at least 15 migrants have died during the border crossing, as Spain reinforces its military presence in Ceuta.

  • UEFA threatens FIFA tournament boycott

    Rejects FIFA the UEFA boycott threat, confirming it will proceed with its biennial World Cup plan despite European opposition.

  • Broad Peak avalanche in Pakistan

    Search begins for 10 missing climbers, including Nirmal Purja, after an avalanche struck Broad Peak in Pakistan.

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European Union · Updated 2m ago

The ageing Union's economy

The EU's commitment of €5 billion for AI megafactories represents a concrete, EU-level strategic investment to boost competitiveness in advanced computing and chips.

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