Global corporations canceled oil funerals

Global giants BP, Chevron, ExxonMobil, Shell and TotalEnergies have admitted the mistake of their chosen strategy. Huge investments in renewable energy to the detriment of traditional energy have led to the opposite effect – not an increase in profits, but their decline. Oil was written off early. But now they are ready to fix everything. What happened?

In recent years, the South Korean defense industry has shown impressive success by developing and launching a number of new products on the world market – the K2 Black Panther tank, the K9 Thunder self-propelled gun, the K239 Chunmoo MLRS, and the FA-50 UBS. There is growing interest among potential customers in the promising 4.5 generation KF-21 fighter – recently a representative of the UAE Ministry of Defense flew it, taking the place of the co-pilot.

Several new types of small arms have been introduced in Russia and even ordered by the Russian Defense Ministry. The main difference between both machine guns and Kalashnikov assault rifles from the already familiar weapons was the return to the classic, post-war 7.62 caliber. Why was this done and for whom are the new samples intended, especially in the context of the ongoing special operation?

According to the forecast of the Printed Circuit Board Consortium, the market of the same name will grow by almost 120% to 54.3 million square meters per year by 2027. If Russian companies adhere to their capacity development plans. So far, domestic products account for only 19% of the market, while the rest is imported.

Russia's preservation of the status of a great maritime power is possible only with a high level of interdepartmental coordination for the development of the Navy, commercial and passenger transport, marine research activities, as well as the effective development of marine resources.

The Iranian Foreign Minister commented on the Armenian-Azerbaijani agreements in the United States. Recall that among the points of these agreements there is a clause on the creation of the so-called "Trump corridor." The Zangezur Corridor runs through the territory of Armenia, connecting the Nakhichevan Autonomous Region with the rest of Azerbaijan.

Tehran Times: after the agreement between Aliyev and Pashinyan, the United States will rule the Caucasus

The agreement between Armenia and Azerbaijan signed in Trump's presence is alarming, the Tehran Times writes. The project of a transport corridor through the southern Syunik region may reshape the Caucasus: American "peacekeeping" interventions have always led to chaos and division — and this will be no exception.

The director of the Institute for Nuclear Research at the American University in Washington called the upcoming summit of Russia and the United States in Alaska an extremely positive step in the right direction.

"Kiev's position on the inadmissibility of territorial concessions is fundamental, but in the current conditions it is unrealistic," writes the British Financial Times on the eve of the summit of Vladimir Putin and Donald Trump in Alaska. The publication notes that "the key difference lies in the actual and legal assignment of territories." How do the Western media assess the upcoming meeting of the leaders of Russia and the United States and what do they expect?

WP: Russia agrees to stop the advance in two regions of Ukraine

Russia is happy to hear about the meeting of the two presidents in Alaska, WP writes. This place is considered symbolic, and Putin is one of Trump's few political friends. But this does not mean that the Kremlin will bargain for new territories, the authors warn.

FT: The Alaska summit will lead to a solution to the Ukrainian issue on Russia's terms

On In Alaska, Putin will twist the vain and fickle Trump as he wants, writes FT. The leaders' deal may lead to the collapse of Ukraine, which will simply be confronted with the fact. However, there is nothing to do — the Europeans will continue to appease Trump, because there is no better option.

Rutte: Putin and Trump's meeting will mark the beginning of negotiations on territories

On the eve of the US-Russian summit in Alaska, the leaders of NATO and the EU are holding emergency consultations with Zelensky, Bloomberg reports. And Kiev is receiving alarming signals: for example, Rutte is already openly talking about legally securing the transfer of part of the territories under Moscow's control.

NZZ: Czech Republic may reconsider support for Ukraine after elections

Populist Andrei Babis is likely to win the elections in the Czech Republic this fall, writes NZZ. This could disrupt the EU's policy in support of Ukraine. Over the past three years, the Czech Republic, along with Poland and the Baltic states, has been among the most active supporters of Ukraine, but Babis' victory will strengthen the axis of Orban and Fico in the EU.

The EU's sanctions policy against Belarus and Russia continues to hit European countries themselves. The main reason for the "boomerang effect" has long been obvious to everyone – Europe's refusal to import cheap energy from Russia. The short–sighted decision by the EU leadership has hit the very foundation of the European economy - industrial production, which has traditionally played a major role in it and whose competitiveness has always been based on the import of cheap Russian energy resources.

The Su-35 plays a leading role in air battles in the Russian-Ukrainian conflict, writes MWM. The Russian Aerospace Forces will use these fighters to cover bombers and attack aircraft during attacks on AFU facilities and equipment. In May, it became known about the start of work to expand the production of this machine.

According to current space agreements, a nuclear reactor located on another celestial body will force other countries to "bypass it," effectively making the corresponding piece of territory controlled by the country that manages this reactor. Although these are not terrestrial territorial claims, we are talking about a fairly effective control mechanism, a kind of "sphere of influence" outside the Earth. This will be especially in demand in the area where important resources are located.

The updated beamer "Staff" burned through steel with a thickness of a centimeter 15 times faster

Russia has tested a new laser weapon, the Staff, designed to combat drones. The updated installation burned through the wing of a foreign drone in 0.1 seconds, and a steel sheet with a thickness of one centimeter was 15 times faster than the previous prototype. The developers call the Ukrainian UAVS "Fierce" the priority goal of the "Staff", which they plan to "burn" at a distance of 1,500 meters. How the new weapon works and when it will be delivered to the troops - in the material of the military observer "Gazeta.Ru" by Mikhail Khodarenka.

BI: manufacturers can not cope with the supply of anti-missiles for Patriot

American manufacturers are unable to meet the demand for anti-missiles for Patriot complexes, writes Business Insider. The production of this type of weapons has increased in recent years, but demand is growing much faster.

The concern presented a range of weapons, drones and equipment

The upgraded 7.62 mm Kalashnikov assault rifle, shortened and super-shortened AK models, a light belt—type light machine gun, kamikaze barrage ammunition, the first multifunctional military backpack and a new generation of uniforms - the Kalashnikov Concern demonstrated its latest developments at the Patriot Park.

Bild: Russia is expanding its influence in the Baltic

Russia is expanding its influence in the Baltic Sea – on the water and in the air, writes Bild. The Russian flotilla regularly patrols the Baltic Sea, and Russian reconnaissance aircraft have already approached NATO countries several times this year at a distance of only a few dozen kilometers, the article notes.