Breakfast News Recap: Ukraine, Sudan and Middle East violence dominate as markets turn risk off
Ukraine said Russian strikes killed four people across the country, including three in the Kyiv region and one in Zaporizhzhia, as attacks hit energy and transport infrastructure and added to pressure on the power grid. 🔗Kyiv also accused Washington of delaying Patriot missile deliveries already paid for by European allies, while Ukraine said it had carried out what it described as the world’s first drone airlift of a wounded soldier from the front line. 🔗 🔗In the Middle East, a Houthi missile strike on a security training camp in Yemen’s southern Shabwa province killed more than 53 recruits and wounded... [Continue Reading]
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Finland's President Stubb to meet Støre and Zelenskyy in Oslo
President of the Republic of Finland Alexander Stubb is making a working visit to Oslo on Tuesday 20 October 2026, according to the Office of the President of the Republic of Finland. The visit is being conducted in Norway. During the trip, Stubb is due to meet Prime Minister of Norway Jonas Gahr Støre and President of Ukraine Volodymyr Zelenskyy. The office said the meetings will bring the three leaders together in Oslo for discussions on regional security matters. The agenda will cover Russia's illegal war of aggression against Ukraine and the overall security situation in Europe. No further details... [Continue Reading]
UK leaves open Chinese EV tariffs as part of EU Made in Europe scheme
Downing Street has left open the possibility of imposing tariffs on Chinese-made electric vehicles if the United Kingdom joins the European Union's Made in Europe package. The move comes after France dropped its opposition to Britain taking part in the scheme, which is designed to support European industry and curb subsidised imports. Beijing has warned that any such step would be discriminatory.The government said it would welcome the objective of including the UK in the Industrial Accelerator Act, but stressed that it was too early to set out the terms of any deal. A No 10 spokesperson said there was... [Continue Reading]
Norway wealth fund urged to ease nuclear arms ban after Gaza investment row
A government-appointed committee in Norway has recommended loosening the ethical limits that govern the country's sovereign wealth fund, including allowing investment in companies involved in producing nuclear weapons. The proposal was set out in a report submitted to the Ministry of Finance on Thursday and comes amid a wider review of how the fund handles ethical risk. The committee also said decisions about another state's conduct should be left to ordinary diplomatic channels rather than the fund itself.The review was led by former central bank governor Svein Gjedrem and was described as unanimous. It said the world's largest sovereign wealth... [Continue Reading]
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