The European Union is seeking to boost a $1.5 trillion hit on Russia’s economy by widening its sanctions web. The bloc is weighing new restrictions on another 80 entities and individuals supporting Russia’s war on Ukraine, EU foreign policy chief Kaja Kallas told reporters on Monday in Cyprus, following an informal meeting of EU defence ministers. … Read moreEU planning to add to $1.5 trillion sanctions hit on Russia
France and Germany have announced that they are to scrap a landmark project to jointly develop a sixth-generation fighter jet. The office of French President Emmanuel Macron confirmed on Monday that the project was being terminated. The development is a major blow to efforts to boost defence cooperation between European Union states, which has become … Read moreFrance and Germany scrap fighter jet in hit to European defence cooperation
NATO fighters have scrambled to shoot down a drone that entered Latvian airspace from Russia. The Latvian military said on Monday that French aircraft had destroyed “a foreign unmanned aerial vehicle that had entered Latvian airspace as a result of Russian electronic warfare”, without saying where the drone originated. The incident adds a growing list … Read moreNATO jets shoot down drone over Latvia, extending Ukraine spillover fears
The world’s nine nuclear-armed states are upgrading and expanding their arsenals, accelerating an arms race that is creating “new risks” amid rising global tensions, a new report has warned. Published on Monday, the study by the Stockholm International Peace Research Institute (SIPRI) said most of these countries deployed new nuclear-armed or nuclear-capable weapon systems last … Read moreNuclear risks rise as powers expand and modernise arsenals: SIPRI study