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Zelenskiy, a Ukrainian official, says that at least eight drones were used to target Poland during the Russian attack
Volodymyr Zelenskiy, the Ukrainian president, said that during Russian strikes overnight at least eight Russian drones had been aimed toward Poland. Poland destroyed drones which entered its airspace on Wednesday during a Russian assault in western Ukraine. It is believed that this was the first time in the war a member state of the alliance fired a shot. Poland called the incursion an "act of aggression". Zelenskiy, writing on X about Iranian drones that are widely used in Russia, wrote: "Today, there was yet another step in the escalation – Russian-Iranian shaheds operated in Poland's airspace, in NATO's airspace." Zelenskiy wrote: "This was not one accident but eight drones that were aimed at Poland." He said that a total of 415 drones, and 40 missiles, were used in the attack against Ukraine. The attack spanned fifteen Ukrainian regions and killed one person in Zhytomyr and injured three others in Khmelnytskyi. Ukraine's Air Force said that it shot down 386 out of 415 drones, and 27 out of 43 missiles launched over night. The impact of 16 drones and 21 missiles was recorded at 17 different locations. In the central region, Vinnytsia officials said that civilian industrial sites had been struck. Emergency services in western Volyn said that they had put out an blaze which covered 1,000 square meters. After the attack, Andrii Sybiha, Ukraine's foreign minister, called on neighboring countries to use air defense to intercept aerial targets above Ukraine. "Ukraine suggested this step a long time ago. Sybiha wrote in X that it was necessary to take this step for the sake collective security. (Reporting and editing by Aidan Lewis, Peter Graff, and Anastasiia malenko)
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Officials say that floods in Bali, Indonesia have killed at least six people.
Officials said that floods in Bali, Indonesia's popular holiday island, have caused at least six deaths this week. They also blocked major roads throughout the capital. Four people were killed by the continuous heavy rains that fell between Tuesday evening and the morning of Wednesday in Denpasar's capital, Bali, according to I Nyoman Saidakarya, head of the island search and rescue agency. Indonesia's disaster management agency announced on Wednesday that two more people had died and 85 were evacuated from the area of Jembrana. As of Wednesday, Suharyanto, the chief of the agency, told reporters that flooding continued to affect Bali. Nyoman stated that only trucks were allowed to use the roads near the international airport of Denpasar. Social media videos, which are not verified, show flooding on major highways, causing complete gridlock. Nyoman reported that 200 rescuers had been sent to the area. In East Nusa Tenggara, Indonesia, heavy rains have also caused flooding that has killed four people. The disaster mitigation agency stated. (Reporting and editing by Saad Saeed; Saad Widianto)
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A drone-like object hit a residential building east of Poland, says the mayor
The local mayor of Wyryki, in eastern Poland, told TVP Info that a drone or other similar object hit a residential building but no one was hurt. Poland destroyed drones which entered its airspace on Wednesday during a Russian attack on western Ukraine. The NATO member called the incursion an "act of aggression". TVP Info reported that Wyryki Mayor Bernard Blaszczuk said, "I received a call at 6:45 am from a worker in the office saying something had fallen." "A drone, or missile, definitely hit the rooftop; we don’t know at this time... He said that the police were providing security and there was a crisis team on-site. TVP Info aired footage of a home with a roof that was damaged and exposed rafters. Police in the eastern Lublin region of Poland said that they had found a damaged UAV in Czosnowka. The District Prosecutor's Office of Zamosc in the Lublin Region said that it was informed about the discovery of drone parts near a cemetery of Czesniki.
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Singapore Military to Buy Four Boeing P-8A Poseidon Patrol Aircraft
Singapore will acquire four Boeing P-8A Poseidon naval patrol aircraft. The country's Defence Ministry announced this on Wednesday. This order represents the first phase of a refreshed capability for the Singapore Armed Forces in maritime security. The planes will replace the existing Fokker-50 aircraft, which has been in service since 1992, according to a statement. The value of the agreement was not disclosed. Boeing did not respond immediately to a comment request. Singapore's Minister of Defence Chan Chun Sing said that production has started on 20 Lockheed Martin F-35 jet fighters Singapore ordered and that they will be delivered by the end of 2026. Chan met with U.S. Secretary Of Defense Pete Hegseth on Wednesday at the Pentagon. Hegseth welcomed the new Secretary of War to "the newly minted Department of War". The name change has been ordered by President Donald Trump, but Congress will need to act. Reporting and editing by Jamie Freed in Seoul.
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Wall Street Journal, September 10,
These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. - Klarna has priced its IPO at $40 per share--above expectations--raising $1.37 billion and boosting its valuation to $15.1 billion, as it prepares to debut on the NYSE following a delayed listing due to tariff-related market uncertainty. Meta's elite artificial intelligence unit, TBD Lab has caused internal tensions. High-profile recruits are receiving massive compensations and exclusive access. Existing employees have been prompted to ask for raises or to leave. The company is struggling to maintain organizational harmony while retaining talent in the face of fierce competition. Robinhood has launched Robinhood Social. This new social network allows users to share verified trades and view other people's performance stats. They can also initiate trades from their posts. The platform aims to integrate social media-driven retail investing into its platform. Cracker Barrel's restaurant remodel plans have been canceled after customer complaints about modern design changes. The company has chosen to keep its traditional decor, and the "Old Timer logo". DHL acquired SDS Rx in order to expand its healthcare logistic services. This acquisition is aimed at the growing demand of specialized last-mile delivery, particularly for long-term-care and specialty pharmacies, across the U.S.
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The next major challenge for Europe is to close the energy security gap: Vladimirov
After Europe's energy crises erupted at the end of 2021, it has taken four years to move from emergency response into system redesign. The European Union has not yet recovered. The European Union is still vulnerable, and the progress towards a clean, affordable, and secure supply of energy remains uneven. The Energy and Climate Security Risk Index, developed by the Center for the Study of Democracy, measures energy security in four areas: geopolitics (including affordability), reliability, and sustainability. The study's findings show a growing energy security gap between countries like France, Sweden, and Denmark, and those who are lagging behind, such as Hungary Italy and Bulgaria. The biggest achievement in Europe's energy security has been the reduction of its dependence on Russian fossil-fuels. Eurostat reports that gas imports from Russia fell from 40% of EU supplies in 2021 to 10% in 2025. The EU achieved this by increasing purchases from the U.S.A., Norway, and Qatar. Italy and Germany, which were once among the largest consumers of Russian energy, have virtually stopped importing it. However, several countries in Central Europe are still highly vulnerable. According to Eurostat data, Hungary continues to buy more than three quarters of its natural gas from Russia. Slovakia is still tied to Russia’s Gazprom agreements. However, new dependencies are also emerging. The EU gets most of its LNG from the U.S. This leaves it vulnerable to future trade negotiations with Washington. In addition, Europe's rapid expansion of solar, battery, and wind infrastructure has increased Europe’s dependence on Chinese supply chains. China is the dominant refiner of many essential minerals. It processes more than 60% of the global lithium, 80% cobalt and 70% of rare Earths. All are critical to the EU's energy sector. Europe is at risk of replacing one dependence with another if it does not diversify. But Europe has options. France has increased its capacity to refine silicon for solar manufacturing. Sweden, meanwhile, already provides up to 90% the EU's domestically-produced iron ore while expanding its copper and Zinc output. Portugal is developing large lithium reserves and Finland has major nickel and zinc refining facilities. Serbia's Jadar Mine could provide nearly 90% of Europe’s current lithium needs, if it were to be commissioned. However, these needs are expected rise dramatically in the next few years. Ukraine also has significant deposits of titanium and rare earths, but it is not known if these deposits can be extracted and processed in a profitable manner. AFFORDABILITY CHALLENGES In 2022, geopolitics dominated energy policy. Today, affordability is the main challenge. The affordability risks in Europe have increased five-fold since 2020, largely because of the price shocks that followed Russia's invasion. According to Eurostat, retail power and gas prices are 40-70% higher than they were before the crisis in Southern and Eastern Europe. The most vulnerable countries include Poland, Bulgaria, and the Czech Republic, which have a high coal consumption. Nordic countries and France, with less-carbon-intensive systems, face much lower affordability risks. The high cost of energy continues to put significant pressure on the European industry. In Europe, between 2021 and 2020, over 1 million industrial positions disappeared, mostly due to the high energy costs. Europe faces a loss of competitiveness if it does not sign long-term contracts for clean energy and adopt stronger efficiency measures. RELIABILITY ISSUES In Europe, the nature of reliability risks in energy has changed. In an energy system that was dominated by fossils fuels, the main challenge was to secure supply. The problem today is that renewables have been rapidly integrated into grids, without adequate infrastructure. The blackout in the Iberian Peninsula that occurred in April was a clear example. Solar power systems that were dominated by inverter generation and lacked backup suffered a sudden 15 gigawatts loss. Germany and the Netherlands, two wealthy countries, invest in digitalised grids as well as interconnections and energy storage. In Central and Eastern Europe however, outdated grids, limited investment and outdated energy systems leave energy systems vulnerable to future outages. SUSTAINABILITY GAP The EU has ambitious sustainability goals, including Fit for 55, REPowerEU, and the Green Deal. The implementation of the Green Deal is uneven in different parts of the region. Sweden, Denmark, and Finland, for example, have used renewable energy, industrial decarbonisation, and strong governance in order to reduce the risk. France has benefited from the use of nuclear power to keep costs and emissions down. Many Central and Eastern countries are hampered by their legacy infrastructure, and lack of governance. They are also seeing their emissions and energy prices rise. The ECSRI also suggests that countries with high sustainability risk are often faced with affordability and geopolitical issues. Clean energy, industrial strategy, and grid investments are all more resilient in those countries that integrate them. It has been four years since Europe proved it could act in crisis. But the next phase of energy transition requires more than reactive policy. This will require a long-term, coherent strategy as well as better coordination in the region. The energy security data makes one thing very clear: Europe's sovereignty and prosperity are at risk if the energy policy divide is not closed. The views expressed are those of Martin Vladimirov (Director of the Geoeconomics Program of the Center for the Study of Democracy, CSD). You like this column? 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Maguire: Europe's wind production closely tracked as solar peaks passes
Wind turbines will overtake solar panels in Europe as the primary driver of growth in clean electricity for the remainder of 2025. This is because the Northern Hemisphere's summer ends with less sun but more wind at the turbine level. Due to prolonged wind droughts in Europe, wind generation has been well below average this year. This has led to an unusual drop in the total amount of clean electricity produced in Europe. Data from the think tank Ember show that total European wind-powered energy supplies between January and August 2024 were down by 6%, whereas clean electricity was down by 2%. The forecast of European wind power production is however positive. LSEG models predict a dramatic increase in regional wind energy output during the second half September. If these higher wind production levels are maintained through the winter, historically a period of high wind output in Europe, Europe's clean electricity output this year could reach a new record. Seasonal Peaks and Troughs Solar-powered electricity production has risen by over 20% in the last year, reaching all-time-highs. Ember data shows that solar electricity production in Europe reached successive record highs this year in May and in June, as capacity was increased across the continent. Solar farms have reached their peak production levels for the year. Production in both July and August has decreased from the previous month due to cloudier skies and reduced daylight. The clean energy advocates are fortunate that electricity production from wind farms increases steadily following the summer, as cooler weather is welcomed by the changing seasons. Even with the huge swings from summer to winter in solar and winds production, Europe's clean electricity production remains relatively stable. The low wind generation in the first half of 2025 raised concern that the output of wind farms would be stunted throughout the year and could have a negative impact on clean energy growth. WIND'S LEVELING According to DNV, the average wind speed in continental and northern Europe for the first half 2025 was 4% to 8 % below average long-term speeds. These below-average winds speeds were particularly evident in the first four months of 2025 when Europe's wind power electricity supply was consistently lower than the previous year. Ember data show that the average wind electricity production from January to April was around 10 Terawatt Hours (TWh), or 16% less than in 2024. Germany and the United Kingdom -- Europe's two largest wind energy producers in terms of capacity -- saw their wind generation fall even more this year. Germany's average wind power output from January to April was 30% lower than the previous year, while the UK output averaged 20% less. On the Rise? Wind forecasters closely monitor wind output forecasts in the autumn and winter months, because any wind production below par will require regional utilities to increase their use of fossil fuels as a source of power and heat. The latest forecast models indicate that a significant increase in wind power generation is expected to occur over the next few weeks. LSEG data indicates that the collective wind generation in continental Europe is expected to increase from 40,000 MWh - 60,000 MWh a day, so far this month, to approximately 60,000 MWh - 110,000 MWh a day by the second half. Forecasts for the longer term also indicate a sharply higher level of supply than recent levels. In Germany, the wind power output was around 10,700MWh per a day during August. This is expected to increase to 15,200MWh by September, to nearly 19,000MWh each day in October and to over 24,000MWh every day by December. In August, the UK averaged around 5,100MWh a daily. This is expected to rise to around 7,500MWh by September, 8,500MWh by October and around 10,500MWh per day by December. LSEG data show that if these forecasts are accurate, output levels in Germany would be approximately on par with long-term norms and in the UK they would be about 10% higher than the average long-term level. These output forecasts will also be sufficient to ensure that Europe’s total supply of clean electricity reaches new heights in 2025 despite the dip in early-year wind production. If wind farms do not perform as expected in the next few months, this will lead to a reduction in clean electricity and a likely increase in fossil fuel production by utilities, especially during peak demand for power and heating seasons. These are the opinions of the columnist, an author for. You like this article? Check it out Open Interest The new global financial commentary source (ROI) is your go-to for all the latest news and information. ROI provides data-driven, thought-provoking analysis on everything from soybeans to swap rates. The markets are changing faster than ever. ROI can help you keep up. Follow ROI on You can find us on LinkedIn.
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Petronas executive: Southeast Asia to export excess biofuels to Europe
A senior executive of Malaysian state oil company Petronas stated on Wednesday that Southeast Asia was well positioned to export its biofuels into other markets, such as Europe, as the production capacity in the region exceeds demand. Ahmad Adly Alias told the APPEC Conference in Singapore that by 2030, Asia's annual sustainable aviation fuel production capacity is expected to reach 4,000,000 metric tons. He said that "this surplus positions ASEAN to be a viable net-exporter into markets such as Europe." Ahmad Adly stated that Asia's strength lies in the availability of feedstocks, increased production capacity, and an accelerating demand. He said that Asia Pacific biofuel demand will surge to around 250 million litres of transport biofuel per year by 2030. This is the fastest growth in the world and highlights the size of the opportunities available in the region. Petronas has built a biorefinery that will produce 650,000 tonnes of biofuels per year in a joint-venture with Enilive a unit from Italy's Eni and Japanese company Euglena. The project in Pengerang is expected to begin production by 2028. (Reporting and editing by SonaliPaul; Florence Tan)
Air Cambodia becomes the latest COMAC aircraft customer
Air Cambodia announced that it would buy up to twenty C909 regional aircraft made in China. This adds Cambodia to the growing list of Southeast Asian countries who are customers of China’s state-owned planemaker COMAC. COMAC is looking to sell their aircraft worldwide.
Air Cambodia, the flag carrier of Cambodia, and Commercial Aircraft Corporation of China announced on Tuesday that they had signed an agreement in China to confirm 10 C909 aircraft orders with the option of purchasing 10 more.
COMAC has developed its own commercial jets in order to compete with the dominant planemakers Airbus & Boeing but is yet to sign any deals outside China and China friendly countries of Southeast Asia.
Currently, only Chinese airlines operate the C919, a narrow-body aircraft designed to compete with popular Airbus A320neo models and Boeing 737 MAX.
COMAC, however, has signed orders for its smaller and older C909 regional aircraft with airlines in Indonesia and Vietnam, to help them break into the foreign market. They have also placed their older C909 regional plane with a Brunei airline.
Lao Airlines took delivery of a second C909 this month and began flying the model across the border to Bangkok, the Thai capital. COMAC also suggested taking a majority share in Laos’ debt-ridden national carrier.
Cambodia is an ally of China. Its King Norodom Sihamoni was present at China's biggest-ever military parade held in Beijing, last week.
COMAC's statement said that the two parties would work closely together on aircraft deliveries, operational support and industry development.
It is China's very first jet-powered aircraft to be produced commercially. It was first put into service in 2016.
The exact date of delivery was not disclosed. Air Cambodia did no respond immediately to a comment request. Reporting by Lisa Barrington and Sophie Yu, both in Seoul; editing by Jamie Freed
(source: Reuters)