Denmark takes rare step of adding women to draft amid Russia war fears
The new rules, which came into effect this week, mean women who turn 18 after July 1 will be eligible for potential military conscription as part of a lottery system — the same rules that apply to young men. The duration of mandatory military service will also be extended from four months to 11 months starting in 2026.
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Wall Street Journal
an hour ago
- Wall Street Journal
The Warning Signs for Russia's Economy Are Flashing Red
Russia's sanctions-defying economy, propelled higher by the Ukraine war, is suddenly coming back down to earth. Fueled by massive military spending and steady oil exports, Russia recorded some of the highest growth rates among major economies over the past two years. But in recent weeks economic indicators have been flashing red: Manufacturing activity is declining, consumers are tightening their belts, inflation remains high and the budget is strained.
Yahoo
an hour ago
- Yahoo
UFC confirms it's planning White House fight card after President Trump proposes idea
The UFC's White House card is officially in the works. A day after President Donald Trump floated the idea of hosting a UFC fight on the grounds of the White House, the promotion confirmed to NBC News that it plans to hold such an event next year. The card would be part of the government's America250 celebration of the United States' 250th birthday. Advertisement UFC CEO Dana White made his own commentary on Instagram, writing "This will be epic!!!" White House press secretary Karoline Leavitt had a similar statement on X, and reportedly said Trump was "dead serious" about the idea. The most notable volunteer among fighters was Conor McGregor, who has not competed in the UFC since 2021 but visited Trump at the White House in March, months after being found liable for rape in a case that ended a number of business relationships. The Irishman, who turns 37 this month, said "I would be honoured! Count me in!" As far as the scale of the event, Trump suggested a venue that could hold upward of 20,000 fans: "We're going to have a UFC fight, think of this, on the grounds of the White House. We have a lot of land there, we're going to build — we're not, Dana's going to do it. Dana's great, one of a kind. We're going to have a UFC fight — championship fight, full fight. Like 20, 25 thousand people. "We're going to that as part of 250, also. We're going to have some professional events, some amateur events, but the UFC fight is going to be a big deal too." The event would be the first professional sporting event hosted at the White House in U.S. history, though there have been many recreational events. President Donald Trump and the UFC's Dana White apparently have a fight card in the works. (Photo by FRANK FRANKLIN II/POOL/AFP via Getty Images) (FRANK FRANKLIN II via Getty Images) Such a spectacle would be the culmination of a decades-long relationship between White and Trump, who hosted multiple UFC events for the promotion at a rocky time in its early history. The president is a frequent attendee of major UFC events, where he usually receives a warm reception from the sport's right-leaning fanbase. Advertisement White has also appeared at multiple events for Trump, such as introducing him at the 2024 Republican National Convention. Their private conversations have also come up in the past, such as when Trump said he proposed a UFC-style league just for migrants to White.
Yahoo
an hour ago
- Yahoo
Eight OPEC+ alliance members move toward output hike at meeting
Saudi Arabia, Russia and six other key members of the OPEC+ alliance will discuss crude production on Saturday, with analysts expecting the latest in a series of output hikes for August. The wider OPEC+ group -- comprising the 12-nation Organization of the Petroleum Exporting Countries (OPEC) and its allies -- began output cuts in 2022 in a bid to prop up prices. But in a policy shift, eight alliance members spearheaded by Saudi Arabia surprised markets by announcing they would significantly raise production from May, sending oil prices plummeting. Oil prices have been hovering around a low $65-$70 per barrel. Representatives of Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman will take part in Saturday's meeting, expected to be held by video. Analysts expect the so-called "Voluntary Eight" (V8) nations to decide on another output increase of 411,000 barrels per day (bpd) -- the same target approved for May, June and July. The group has placed an "increased focus on regaining market shares over price stability," said Saxo Bank analyst Ole Hansen. - Enforcing quotas - The group will likely justify its decision by officially referring to "low inventories and solid demand as reasons for the faster unwind of the production cuts", UBS analyst Giovanni Staunovo told AFP. But the failure of some OPEC member countries, such as Kazakhstan and Iraq, to stick to their output quotas, is "a factor supporting the decision", he added. By approving another output hike, heavyweight Saudi Arabia might seek to up pressure on members for not keeping to agreed quotas via slashing expected oil profits due to lower prices. According to Jorge Leon, an analyst at Rystad Energy, an output hike of 411,000 bpd will translate into "around 250,000 or 300,000" actual barrels. An estimate by Bloomberg showed that the alliance's production increased by only 200,000 bpd in May, despite doubling the quotas. - No effect from Israel-Iran war - Analysts expect no major effect on current oil prices, as another output hike is widely anticipated. The meeting comes after a 12-day conflict between Iran and Israel, which briefly sent prices above $80 a barrel amid concerns over a possible closing of the strategic Strait of Hormuz, a chokepoint for about one-fifth of the world's oil supply. As fears of a wider Middle East conflict have eased, and given there "were no supply disruptions so far", the war is "unlikely to impact the decision" of the alliance, Staunovo added. The Israel-Iran conflict "if anything supports a continued rapid production increase in the unlikely event Iran's ability to produce and export get disrupted," Hansen told AFP. pml-kym/tw/tc Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
