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Russia Warns Finland Over Possible Hosting of Nuclear Weapons

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Russia has warned that Finland would become more vulnerable if it allows nuclear weapons to be stationed on its territory. The Kremlin issued the warning after Finland indicated it may lift a long-standing ban on hosting nuclear arms, a move that could enable their deployment during wartime under NATO planning.

Kremlin spokesperson Dmitry Peskov said the decision would escalate tensions in Europe and prompt a response from Russia. According to Moscow, deploying nuclear weapons in Finland would be viewed as a direct threat, forcing Russia to take countermeasures to protect its security.

Finnish President Alexander Stubb said the proposal is not due to an immediate security threat but is meant to allow Finland to participate fully in NATO’s nuclear planning. The shift reflects broader changes in European defense strategy following the war in Ukraine and renewed discussions on nuclear deterrence led by Emmanuel Macron in Europe.

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Far-Right Security Strategy Tested in French City of Perpignan

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In the southern French city of Perpignan, far-right mayor Louis Aliot is campaigning for another term with a strong focus on law and order. Representing the National Rally, Aliot has made increased policing, surveillance cameras, and stricter enforcement key parts of his administration, presenting the city as a model for how his party would govern elsewhere.

Since taking office in 2020, the municipality has expanded its police force and intensified efforts against drug trafficking, leading to a sharp rise in reported cases and fines. Perpignan now has one of the highest ratios of municipal police per resident among major French cities. Supporters say these measures have improved safety and cleanliness, while critics argue the tougher policing has not solved deeper social and economic problems.

The city has become a symbolic battleground ahead of France’s municipal and future presidential elections, drawing attention from national political figures such as Jordan Bardella and Jean-Luc Mélenchon. Meanwhile, Aliot’s leadership also faces scrutiny over rising municipal debt and a pending court appeal that could affect his political future.

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Iran Warns EU Nations Over Possible Military Involvement

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Iran has warned that any European Union country joining military attacks by the United States and Israel would be considered a “legitimate target” for retaliation. Iran’s Deputy Foreign Minister Majid Takht-Ravanchi made the statement during an interview with France 24, stressing that countries supporting the aggression would face direct consequences from Iran.

His comments come as tensions continue to escalate in the Middle East. Several EU nations, including France, Greece, and Italy, have deployed warships to the region. While many European leaders have criticized Iranian actions, they have also called for de-escalation and a diplomatic resolution to the conflict.

Meanwhile, German Chancellor Friedrich Merz said Germany is working with international partners to find ways to end the fighting. However, he noted that Berlin shares strategic goals with the United States and Israel regarding the situation with Iran.

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Russia Warns Finland Over Possible Hosting of Nuclear Weapons

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Russia has warned that Finland would become more vulnerable if it decides to host nuclear weapons on its territory, escalating tensions in Europe. The warning came after Finland signaled plans to lift its long-standing ban on hosting nuclear arms, a move that could allow weapons to be stationed there during wartime as part of NATO’s nuclear strategy.

Kremlin spokesman Dmitry Peskov said deploying nuclear weapons in Finland would increase risks and provoke a response from Russia. According to Moscow, such a decision would heighten security threats along their shared 1,340-km border and add to rising tensions across the European continent.

Finnish President Alexander Stubb said the policy change is aimed at allowing Finland to fully participate in NATO’s nuclear planning rather than addressing an immediate security threat. The debate comes as European countries reassess their defence strategies following the war in Ukraine and proposals by Emmanuel Macron to expand Europe’s nuclear deterrence cooperation.

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Russia, Ukraine Swap 300 Soldiers in Second Day of POW Exchange

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Ukraine and Russia exchanged 300 prisoners of war each on Friday during the second day of a two-day swap, with several of the released soldiers having been held since the early stages of the war in 2022. The exchange followed Thursday’s swap of 200 POWs from each side, marking the second such prisoner exchange between the two countries in 2026.

Ukrainian President Volodymyr Zelenskyy said the returning soldiers had fought in key war zones including Donetsk, Luhansk, Kharkiv, Zaporizhzhia, Kherson and Mariupol, with many spending more than a year in captivity. He also confirmed that two Ukrainian civilians were returned as part of the exchange.

Russia’s defence ministry said the United States and the United Arab Emirates helped mediate the swap. The exchange came after recent peace talks between Kyiv and Moscow, though a planned new round of negotiations was postponed amid escalating tensions in the Middle East.

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Merz Faces First State Election Test in Germany

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German Chancellor Friedrich Merz faces his first electoral challenge since taking office as voters head to the polls in the state of Baden-Württemberg on Sunday. The election is seen as an early test of support for Merz’s conservative Christian Democratic Union (CDU), which hopes to regain dominance in a region long tied to Germany’s car industry.

Opinion polls show a tight race between the CDU candidate Manuel Hagel and the Greens’ Cem Özdemir, both polling around 28%. The winner will succeed outgoing Green premier Winfried Kretschmann, with the outcome likely shaping the balance of power in the state government coalition.

Meanwhile, the far-right Alternative for Germany (AfD) continues to poll strongly at about 20%, reflecting growing political shifts across Germany. The Baden-Württemberg vote is the first of several regional elections this year and comes amid economic concerns linked to rising fuel prices and global tensions.

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Iceland Plans Autumn Referendum on Restarting EU Membership Talks

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Iceland’s government is preparing to propose a referendum on whether to restart negotiations to join the European Union. According to public broadcaster RUV, the government is expected to submit a bill to parliament next week seeking approval to hold the vote later this year.

Sources cited by the broadcaster suggest the referendum is most likely to take place in late September. If approved, the vote would decide whether the country should resume EU accession talks that were abandoned in 2013 after four years of negotiations.

Interest in EU membership has grown again in recent years due to rising living costs and geopolitical tensions following the war in Ukraine. Political developments, including remarks by U.S. President Donald Trump about annexing Greenland, have also added urgency to the debate over Iceland’s future ties with the European Union.

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Moscow Cuts Investment as Russia’s Regional Budget Strains Deepen

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Russia’s capital city Moscow will reduce its investment programme for the first time since the COVID-19 pandemic, highlighting growing financial pressure across the country’s regional governments. Mayor Sergei Sobyanin said revenue growth in the first two months of the year slowed to 2%, far below the expected 6.5%, prompting the city to cut planned 2026 investments by 10% from 1.2 trillion roubles and reduce municipal staff by 15%.

The move reflects broader fiscal challenges in Russia as the war in Ukraine enters its fifth year. The country’s consolidated budget deficit, which includes both federal and regional accounts, widened sharply to 8.3 trillion roubles in 2025, or 3.9% of GDP—more than double the previous year. While the federal government maintains that national debt remains manageable, many regions are increasingly relying on expensive commercial bank loans as concessional federal funding declines.

Regional finances are also under pressure due to slowing economic growth and weaker corporate profits. Official data shows corporate profits fell 5.5% in the first eleven months of 2025, contributing to a rise in deficit-running regions from 50 to 74. Analysts warn that if economic growth does not recover, regional governments may be forced to cut spending on infrastructure and development projects while also coping with rising social and military-related expenditures.

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Airline Sector Hit as Iran Conflict Pushes Fuel Prices Higher

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The global airline industry faced fresh volatility on Thursday as rising jet fuel prices and widespread flight disruptions followed the escalating conflict involving Iran and joint strikes by the United States and Israel. Several Middle Eastern airspaces were closed due to missile risks, forcing airlines to cancel or reroute flights. Operations at Dubai International Airport, the world’s busiest international hub, began slowly resuming after coming close to a halt earlier in the week.

Airline stocks showed mixed movement as the crisis affected routes and fuel costs. Shares of carriers such as Cathay Pacific and Qantas Airways recovered slightly, while others like Wizz Air dropped sharply after warning the conflict could cut about $58 million from its profits. Analysts say airlines with strong exposure to Middle Eastern routes are particularly vulnerable as jet fuel prices surge and flight paths become longer due to airspace restrictions.

Meanwhile, airlines including Emirates, Etihad Airways and Qatar Airways have started limited services through safer corridors while governments organize evacuation flights for stranded citizens. More than 17,000 Americans have already returned home, while other countries continue repatriation efforts as the aviation sector closely watches how the conflict around Iran unfolds.

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French Court Lowers Charge Against Officer in Teen Shooting Case

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A French appeals court has reduced the charges against a police officer accused of fatally shooting a teenager during a traffic stop in 2023. The court ruled that the officer, Florian M., will face trial for voluntary assault leading to death instead of the more serious charge of murder. The case centres on the shooting of 17-year-old Nahel Merzouk, who was shot after allegedly failing to comply with police orders to stop his car.

The teenager later died from his injuries, triggering widespread protests and unrest across France. Prosecutors had earlier said the officer should stand trial for murder, but the appeals court concluded that there was insufficient evidence to prove the officer intended to kill when he fired his weapon. Under French law, the revised charge carries a maximum sentence of 20 years in prison, compared with up to 30 years for murder.

The decision has sparked strong reactions from both sides. The officer’s lawyer welcomed the reduced charge but argued that his client should not face trial at all, maintaining that the shooting was justified. Meanwhile, the victim’s family condemned the ruling, saying it prevents a jury from examining whether there was intent to kill and calling the decision deeply unjust.

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