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How Russia is trying to prise open Ukraine’s front

Across Donetsk, Zaporizhzhia, Sumy and northern Kharkiv, Russian forces are pressing defended towns and the roads that keep them supplied. This battlefield assessment examines the fighting around Dobropillya, Kostyantynivka, Orikhiv and Ukraine’s northern border, explaining how drones, contested routes and competing demands for reinforcements shape Russia’s uneven advance—and why local pressure has yet to produce a decisive breakthrough.

Britain Has an Industrial Strategy for Industries It Cannot Measure

Britain has chosen AI, quantum technology, clean energy, life sciences and advanced manufacturing as engines of future growth. But the Government admits official statistics cannot properly measure several of them. As ministers pour money into strategic industries, the country faces a basic problem: how can it judge whether its industrial strategy is working when parts of the economy remain statistically invisible?

America has built the machinery for another Iran air war

Tankers are concentrated in the Gulf, B-1 bombers remain at RAF Fairford, surveillance aircraft are watching Iran and another carrier is heading towards the region. The United States has much of the machinery for another major bombing campaign already in place, although the final signs of an imminent attack have not yet appeared.

Hormuz Is Still Dangerous, but Some Oil Is Getting Through

Public shipping maps make the Strait of Hormuz look almost deserted, but satellite imagery and specialist maritime tracking reveal a different picture. Saudi tankers are crossing with AIS switched off, Gulf oil is being transferred between ships outside the strait, and millions of barrels are still reaching world markets despite the war, raising questions about Iran’s remaining leverage over Washington.

China Is Not Immune To The Iran War Because Energy Flows, Shipping Access And Global Demand Are All Being Disrupted

China is not insulated from the Iran war. Disruptions to oil flows through the Strait of Hormuz, constrained shipping access, and rising global energy prices are transmitting pressure directly into its economy. While stockpiles and energy diversification provide resilience, the effects are spreading into supply chains and export demand.

Iran’s missiles raise the cost of another US bombing campaign

Iranian missile and drone strikes have disrupted American bases and naval supplies across the Gulf. As Donald Trump threatens another bombing campaign, Washington faces depleted interceptor stocks and uncertainty over Iran’s surviving missile force. Diplomatic exchanges continue, but they offer no assurance against escalation. The question is what further destruction could secure, and how American forces would be protected while delivering it.

The War in Yemen Is Reopening Saudi Arabia’s Oldest Question

A century ago, British money, weapons and air power helped Abdulaziz ibn Saud defeat his rivals and consolidate the kingdom that bears his family’s name. Now Ansarallah’s advance from Yemen is exposing the older tribal and political landscape beneath the modern Saudi state.

BRICS Summit Opens in Delhi as Leaders Push to Build a World Less Dependent on the Dollar

As Putin, Xi and other BRICS leaders gather in New Delhi, the bloc is confronting a larger question than the creation of a new currency. India, China, Russia and Iran have very different ambitions, but they increasingly share one objective: building payment, trade and financial systems that leave them less dependent on the dollar and Western controlled institutions.

Trump’s War Is Coming Home Through America’s Debt

The war with Iran is exposing the financial costs of American power. Higher energy prices and expensive borrowing threaten to squeeze households already struggling with housing costs and student debt, while narrowing Washington’s room to provide relief.

How Yemen’s Houthis Reached the Gate of the Red Sea

Ansar Allah’s advance to Bab el Mandeb has placed Yemen once again at the centre of a struggle over global trade, regional power and foreign intervention. The road to the Red Sea runs through British colonial rule, Saudi influence, failed unification, a devastating war and the Iranian support that transformed the Houthis into a regional military force.

China Can Afford Dearer Oil. Can Its Factories?

China’s export earnings and vast financial reserves provide a cushion against the Middle East energy crisis. But smaller manufacturers face a harder calculation as rising costs meet customers unwilling to pay more, exposing the uneven strength of the world’s industrial powerhouse.

The AfD Has Won. Germany Does Not Know What Comes Next

The AfD has won 43.8 per cent in Saxony-Anhalt but remains three seats short of a majority. Its historic victory exposes the political and economic failures that carried it from an anti-euro protest party to regional dominance.

Why Should a War Thousands of Miles Away Determine British Electricity Prices ?

More than half of Britain’s electricity is generated from renewable sources, yet international gas prices can still determine the wholesale price of power. As conflict in the Middle East pushes bills higher again, Britain faces an uncomfortable question: why does expensive gas retain such influence over electricity increasingly generated from wind and other renewables?

Trump’s Iran Sanctions Face Their Biggest Obstacle: China

Washington’s attempt to tighten the economic isolation of Iran faces a fundamental obstacle: China, the dominant buyer of Iranian oil. Beijing is warning against expanded US secondary sanctions, raising questions about international law, American financial power and the risk of a wider economic confrontation.

Europe’s Perfect Storm: Drought, War and the Coming Food Shock

Europe’s drought is damaging crops, draining rivers and constraining power generation just as the Iran war disrupts oil and fertiliser supplies through Hormuz. Saudi Arabia’s Red Sea escape route is under pressure too. The consequences are already reaching the 2026 harvest; what happens to Europe’s rain and the war this winter could determine the harvest of 2027.

The Japanese Money That Helped Finance America Is Coming Home

Japan spent three decades exporting cheap capital and became America’s largest foreign creditor. As the yen slid towards ¥164 to the dollar, Washington intervened not just to support Japan, but to contain a threat to the Treasury market and the financial system built on cheap Japanese money.

Britain Has Money. Why Can It No Longer Build?

Britain has world class finance, universities, science and enormous pools of capital. Yet it invests less than any other G7 economy and struggles to build infrastructure, housing and productive capacity. The deeper British malaise is not simply a shortage of money, but a failure to turn wealth, research and investment into things the economy needs.

The Old Middle East Is Breaking Apart, A New Order Is Taking Shape.

The confrontation with Iran is becoming something larger than a war. From the Strait of Hormuz to Yemen, Iraq and Lebanon, the old American-led security architecture is being challenged by regional powers determined to impose costs of their own. Out of the conflict, the outlines of a different Middle East are beginning to emerge.