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The United States, United Kingdom, and Australia have announced a joint programme to develop advanced unmanned undersea vehicles (UUVs) under the AUKUS security partnership, with deliveries expected to begin in 2027. The announcement was made during a defence ministers’ meeting in Singapore, where officials highlighted the project as a major step in strengthening
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The northwestern Italian city of Turin is experiencing severe power blackouts as an early European heatwave pushes the local electricity network to its limits. The repeated outages have struck multiple districts over recent days, knocking out traffic lights and causing significant road congestion. Local utility company Iren, which serves approximately 650,000 electricity
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The U.S. dollar is projected to weaken over the long term due to unsustainable fiscal debt and trade imbalances in the world’s largest economy, according to Patrick Thomson, EMEA CEO of JPMorgan Asset Management. Speaking at an International Capital Markets Association conference in London, Thomson noted that while the dominance of U.S. Treasuries remains intact,