China criticized the US for its plans to change nuclear policy, warning of an increased risk of conflict. This came after Washington's statement about its readiness to resume nuclear weapons tests in response to the actions of rivals.
On October 16, Russian dictator Vladimir Putin convinced Donald Trump not to approve the transfer of long-range Tomahawk missiles to Ukraine. This happened on the eve of Volodymyr Zelenskyy's visit to the White House.
The 50% tariffs on Indian goods introduced by Donald Trump could reduce India's exports by $37 billion, nullifying billions of dollars saved on Russian oil. This decision will have long-term consequences for India's economy and Prime Minister Modi's political standing.
Russian oil supplies decreased by 320,000 barrels per day in the week to August 24 due to infrastructure damage and the doubling of US tariffs on Indian goods. Export volumes to India have fallen by more than 500,000 barrels per day in the last two months.
The European Union aims to abolish all tariffs on US industrial goods by the end of the week. This is President Trump's demand for a reduction in US tariffs on European car exports.
German manufacturer Rheinmetall is opening Europe's largest artillery shell production plant near Hanover on August 27. The enterprise will produce up to 350,000 shells per year after reaching full capacity in 2027.
Donald Trump imposed high tariffs on Indian goods due to the country's purchase of Russian oil and weapons. India plans to lower taxes to mitigate the economic impact.
A new mansion in Hong Kong was sold for HK$1. 09 billion, making it the most expensive deal of the year. It is located in The Peak area, has over a thousand square meters and five bedrooms.
Apple will hold an event on September 9, where it will present new iPhones, including the thinnest model, and improved Apple Watch. The company is also working on a foldable smartphone, the design of which is currently unknown.
Turkish President Recep Tayyip Erdoğan will attend the groundbreaking ceremony for a new defense complex by Aselsan near Ankara. The "Steel Dome" project will strengthen the country's missile defense and create thousands of jobs.
Estonia blames Russian jamming for a drone explosion on its territory. It was likely a Ukrainian drone that deviated from its course due to Russian electronic interference in the Baltic region.
Indian refineries plan to reduce purchases of Russian oil to 1. 4-1.6 million barrels per day. This comes amid US pressure and the upcoming doubling of American tariffs on Indian imports.
American giant Keurig Dr Pepper will acquire Dutch company JDE Peet's, known for the Jacobs coffee brand, for $18 billion. This acquisition aims to create a global coffee giant that will compete with market leader Nestlé.
Shares of Chinese developers, including China Vanke, rose by 3% due to expectations of additional measures to support the real estate market. Shanghai has already eased restrictions on home purchases, and new measures may be taken in September.
Turkey is considering the possibility of sending its military to Ukraine as a stabilizing factor and a guarantee against the repetition of Russian aggression. Ukraine's Ambassador to Turkey, Nariman Celal, confirmed Turkey's readiness to participate in demining the Black Sea and host negotiating delegations.
NATO's easternmost countries are experiencing a sharp increase in radio and satellite jamming, affecting air and sea communications. Lithuania accused Russia of a 22-fold increase in GPS jamming.
Russian Foreign Minister Sergey Lavrov stated Putin's readiness to meet with Zelenskyy "with a detailed agenda. " Lavrov expressed doubt about Zelenskyy's legitimacy as President of Ukraine.
China accused the US of "threatening world peace" ahead of the SCO summit, to which Washington was not invited. Putin, Modi, and Erdogan are expected at the meeting.
OnlyFans paid its owner Leonid Radvinsky $701 million in dividends. This is a record payout amid rumors of a possible sale of the business for an estimated $8 billion.
The South African government has launched an investigation into the recruitment of local women by Russian companies under the guise of high-paying jobs. There are suspicions that they are being sent to factories producing kamikaze drones.
Turkey states that there must first be a ceasefire between Russia and Ukraine. Only then will it be possible to create a framework program for peacekeeping forces.
American aviation giant Boeing is close to signing a large-scale deal with China for the sale of about 500 aircraft. This contract could become a key element in trade negotiations between Washington and Beijing and restore Boeing's position in the Chinese market.
India and Russia intend to increase trade to $100 billion in five years. This is a response to trade pressure from the United States.
Italian Prime Minister Giorgia Meloni has proposed a plan of security guarantees for Ukraine to European partners. It envisages collective support in case of an attack without NATO membership.
Indian state-owned oil refineries have resumed purchases of Russian Urals oil after a short break. This comes despite criticism from American officials and threats of sanctions.
Russia expects to retain India as a stable oil client, offering discounts of about 5% off the market price. The US is increasing pressure on India over its purchases of Russian oil, imposing duties and accusing it of supporting "Putin's war."
A meeting between representatives of Syria and Israel, mediated by the US, took place in Paris to de-escalate tensions. A truce in Suweida, stabilization of southern Syria, and the restoration of the 1974 agreement were discussed.
Spanish Foreign Minister José Manuel Albares denied that the country's failure to meet NATO targets was the reason for its absence from the Ukraine talks. Albares emphasized Spain's commitment as an ally and its provision of military aid to Ukraine.
Trump believes that ceasefire negotiations can be resolved in a few weeks. The US leader sees a possibility of resolving the conflict, despite differences among leaders.
The presidents of the United States and Russia held a summit in Alaska to discuss the war in Ukraine. The parties did not reach a final agreement.
