Reuters
European aerospace firms Airbus, Thales, and Leonardo have completed the first phase of establishing a new technology concern in the satellite business. The enterprise will begin operations in 2027, employ 25,000 people, and have a revenue of 6.5 billion euros.
Brent and WTI crude futures jumped 3% after the US imposed sanctions on Rosneft and Lukoil, forcing Indian buyers to reconsider purchases. This caused oil prices to rise, but experts doubt a long-term structural shift in the market.
The Israeli parliament has preliminarily approved a bill to apply Israeli law to the West Bank, which is tantamount to annexation. A bill to annex the Ma'ale Adumim settlement has also been passed.
In the occupied territories of Donetsk region, there is an acute shortage of gasoline, causing multi-hour queues at gas stations. The deficit is linked to Ukrainian strikes on Russian oil refineries.
A new UN-backed forum has been launched to tackle debt problems in developing countries. Global public debt reached $102 trillion in 2024.
The European Union is preparing its 19th package of sanctions against Russia, for the first time including two independent Chinese oil refineries and one trading company. These entities are involved in circumventing Western restrictions, increasing pressure on Beijing.
The US military attacked a suspected drug trafficking vessel in the Pacific Ocean off South America. This is the first known operation as part of a new offensive against drug smuggling that has already swept the Caribbean.
Tesla is recalling 12,963 Model 3 and Model Y electric vehicles in the US due to a potential battery defect. This could lead to a sudden loss of engine power, increasing the risk of an accident.
On October 22, shots were fired and a fire broke out near the Serbian parliament building in Belgrade. Police detained a suspect; there were no casualties.
Russia has handed over an unofficial document to the US with peace terms, again demanding control over Donbas and no NATO troops in Ukraine. This comes amid doubts about a Trump-Putin summit.
Hungarian Prime Minister Viktor Orban confirmed that preparations for a meeting between US President Donald Trump and Kremlin chief Vladimir Putin in Budapest are underway. The meeting was postponed due to Moscow's refusal to agree to a ceasefire in Ukraine, but a date has not yet been set.
Traffic at Vilnius Airport was temporarily suspended on October 21 due to dozens of balloons carrying smuggled cigarettes from Belarus. Eight flights were diverted to Kaunas and Warsaw.
NATO Secretary General Mark Rutte will arrive in Washington on October 21 for an unannounced visit. This comes amid Donald Trump's diplomatic attempts to end the war in Ukraine, despite the cancellation of the Trump-Putin summit in Hungary.
The White House confirmed the cancellation of Donald Trump's meeting with Vladimir Putin in Budapest. The reason was the unsuccessful conclusion of telephone negotiations between negotiators regarding preparations for peace talks.
The summit between the US and Russian presidents in Hungary has been postponed, as Moscow refused to consider terms for an immediate ceasefire in Ukraine. The American side concluded that there was no chance of a real agreement in Budapest.
The Norwegian company Var Energi expects the global oil market to stabilize in 2026, with prices above $60 per barrel. The deficit of investments in production is named as a key factor supporting prices.
A Russian company delivered the first batch of oil to a newly built refinery in Kulevi, Georgia. The tanker "Kayseri" delivered 105,340 tons of Siberian Light oil from Novorossiysk.
Italy expects a record low number of births in 2025, which will deepen the demographic crisis. Last year, 370,000 newborns were registered, the lowest since 1861, and the birth rate fell to 1.13.
Poland has warned Russian President Vladimir Putin of possible arrest if he crosses its airspace for a summit in Hungary with Donald Trump.
Sanae Takaichi became Japan's first female head of government, garnering 237 votes.
A series of audacious museum thefts in Europe, including the Louvre heist, has shown that stolen items are quickly melted down or sold on the black market. Experts note that a lack of investment in security turns even the most famous collections into easy prey, and the chances of recovering stolen goods intact are almost zero.
Gold prices fell on Tuesday after hitting a record high, as investors took profits amid expectations of a Fed interest rate cut. The spot price of gold fell by 0.3% to $4,340.29 per ounce.
The Novokuibyshevsk oil refinery in the Samara region has completely halted primary crude oil processing after a drone attack. The plant may resume production only in early November; this is the second such incident in a month.
Bulgaria is ready to allow Vladimir Putin's plane to fly over its territory for a meeting with Donald Trump in Budapest. This was stated by Bulgarian Foreign Minister Georgi Georgiev, if the Russian leader officially requests it.
A Ukrainian drone attack on the Orenburg gas processing plant forced Kazakhstan to cut production at the Karachaganak field by 25-30%. The plant stopped receiving gas from Kazakhstan, leading to a reduction in production to 25,000–28,000 metric tons per day.
Ukrainian President Volodymyr Zelenskyy will travel to London to attend a meeting of the coalition of the willing, co-chaired by Sir Keir Starmer, Emmanuel Macron, and Friedrich Merz. The coalition aims to unite countries to protect the peace agreement in Ukraine.
US Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov plan to meet on October 23. The meeting is intended to agree on the terms of a future summit between Donald Trump and Vladimir Putin.
Kering is selling its cosmetics division to L'Oreal for $4. 7 billion to reduce debt and focus on its core business. L'Oreal will acquire rights to the Gucci, Balenciaga, and other brands, as well as the perfume brand Creed.
Donald Trump publicly called Colombian President Gustavo Petro "the leader of illegal drug trafficking," accusing him of encouraging drug production. At the same time, the Pentagon confirmed the destruction of a vessel linked to Colombian rebels, which resulted in the deaths of three people.
Afghanistan and Pakistan have agreed to an immediate ceasefire. Negotiations took place in Doha, the capital of Qatar.