defense
The global weapons trade is accelerating as governments pour billions into new arms deals while cutting public services. India finalized a purchase of Russian missiles to counter Pakistan’s China-backed military, adding to a $1.28 billion deal that delivered the last American M1A2T tanks to Taiwan amid rising tensions with Beijing [134221], [134139]. These transactions show military spending overriding other budget priorities. Iran’s top diplomat rushed to Russia for “crisis talks” after the U.S. and Israel traded threats, while Iran offered a deal to reopen the Strait of Hormuz in exchange for delaying nuclear talks—a move aimed at avoiding a wider war that would disrupt oil supplies [134223], [134224]. Goldman Sachs warned a prolonged U.S.-Iran standoff could push oil to $120 per barrel, further straining economies already struggling with inflation [134168]. In Africa, Mali’s defense minister was killed in a home attack by jihadis and rebels, while the army’s Wagner mercenary allies appeared “overstretched” as insurgents captured a key town [134107], [134117], [134111]. Kenya declared parts of Marsabit “dangerous” after deadly clashes between rival communities, highlighting how weak state control opens space for armed groups [134073]. In Europe, Finland’s government stated Europe’s territorial integrity is a “red line” for the U.S., as Russia and Ukraine traded deadly strikes and an oil spill was reported after a drone attack [134206], [134126]. A driver was killed near the Zaporizhzhia nuclear plant in a drone strike, with the International Atomic Energy Agency (IAEA) warning about nuclear safety risks [134132]. In the Middle East, Israeli strikes killed 14 in southern Lebanon—the deadliest day since a ceasefire—while Hezbollah rocket fire shuttered schools in northern Israel, escalating a conflict that has already killed over 10 people in Odesa, Ukraine [134106], [134147], [134037]. Hezbollah’s chief rejected direct talks with Israel, setting five conditions for any ceasefire [134141]. In Asia, Japan’s first female prime minister faced a women-led revolt over military expansion plans, while South Korea warned North Korea that the Mideast war “creates new risks” for the region [134205], [134148]. Indonesia’s government worried about overflight rights but missed the real threat: a regional arms race funded by debt [134219]. The G7 central banks kept interest rates high as Iran-fueled inflation fears persisted, while the U.S. Mint bought drug cartel gold from seized operations, showing how black market profits are being laundered through official channels [134052], [134258]. The EU extended Myanmar sanctions until 2027 over ongoing rights abuses [134133]. <a href='/news/134221'>India buys Russian missiles to counter China-backed Pakistan</a> <a href='/news/134139'>Taiwan gets last M1A2T tanks. $1.28 billion deal complete.</a> <a href='/news/134223'>Iran’s top diplomat lands in Russia for Putin talks on Iran-US war</a> <a href='/news/134224'>Iran Offers US Deal: Reopen Strait, Delay Nuclear Talks</a> <a href='/news/134168'>Oil at $120? Goldman warns of war-driven price spike.</a> <a href='/news/134107'>Mali defence minister killed in home attack by jihadis and rebels</a> <a href='/news/134117'>Mali defence minister killed; rebels ‘capture key town’</a> <a href='/news/134111'>Mali's Army and Wagner Allies "Overstretched" as Rebels and Jihadists Strike Deep</a> <a href='/news/134073'>Kenya Declares Parts of Marsabit ‘Dangerous’ After Deadly Clashes</a> <a href='/news/134206'>Finland: Europe’s territorial integrity is a "red line" for the US</a> <a href='/news/134126'>Russia, Ukraine Trade Deadly Strikes; Oil Spills Reported After Drone Attack</a> <a href='/news/134132'>Driver Killed in Drone Strike Near Zaporizhzhia Nuclear Plant, IAEA Warns</a> <a href='/news/134106'>Israeli strikes kill 14 in Lebanon, ceasefire under threat</a> <a href='/news/134147'>Hezbollah rocket fire shutters schools in northern Israel</a> <a href='/news/134037'>Odesa hit hard as Russian attacks injure over 10 in Ukraine</a> <a href='/news/134141'>Hezbollah Chief Rejects Direct Talks with Israel, Sets Five Conditions</a> <a href='/news/134205'>Japan’s First Female PM Faces Women-Led Revolt Over Military Shift</a> <a href='/news/134148'>South Korea to North: Mideast war creates new risks</a> <a href='/news/134219'>Indonesia’s Overflight Fear Misses the Real Threat</a> <a href='/news/134052'>G7 central banks keep rates high as Iran war fuels inflation fears</a> <a href='/news/134258'>U.S. Mint Buys Drug Cartel Gold; Chaos Hits Correspondents’ Dinner</a> <a href='/news/134133'>EU Extends Myanmar Sanctions Until 2027 Amid Ongoing Rights Abuses</a>
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