EU Allows Ukraine to Buy UK Arms with Its $69 Billion Loan

Chancellor Friedrich Merz has announced Germany’s intent to acquire US-made Tomahawk cruise missiles. The procurement, finalized during NATO talks in Türkiye, marks a strategic pivot for Berlin as it seeks to secure sovereign long-range strike capabilities.

The Qatar Investment Authority blocked a proposed agreement between Volkswagen and Israeli defense contractor Rafael. The vetoed deal aimed to manufacture Iron Dome components at VW's Osnabrück facility, underscoring how geopolitical friction is disrupting corporate operations.