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1.15699
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Gold
4362.76
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159.054
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Real-time News
On August 14, it was learned from Iranian sources that the Iranian Islamic Revolutionary Guard Corps air defense system intercepted and destroyed an MQ-9 Reaper drone over Hormozgan province.August 14th - According to foreign media reports, the Swedish government will review the national budget to ensure taxpayers money is not wasted. With only a month until the election and lagging in the polls, Prime Minister Christophe Kristonssons center-right coalition announced on Friday the formation of a committee to review the countrys operations. Led by Director-General Nordland, the committees task is to identify savings, recommend optimal use of funds, and propose revocable initiatives. An interim report is scheduled for submission next March, with a final report due in January 2028. During its term, the government, supported by the far-right Sweden Democrats in parliament, has been committed to improving the efficiency of public finances. The government stated that the readjustment of the national budget for 2026 will amount to as much as 50 billion kronor.According to South Korean media reports, SK Hynix significantly increased its investment in equipment and research and development (R&D) in the first half of this year. Cash expenditures for acquiring tangible assets exceeded 18 trillion won, an increase of over 70% year-on-year.The Ukrainian military stated that it hit the Ust-Luga complex in the Leningrad region of Russia.On August 14th, Shell lost a five-year legal battle with environmental activists over an oil exploration project in South Africa, a case that went all the way to the countrys Supreme Court. The Constitutional Court ruled on Friday that the oil giant cannot renew its exploration rights off South Africas rugged, wild Indian Ocean coast. This ruling comes as other offshore oil exploration in South Africa faces challenges, while neighboring Namibia is working to develop crude oil discoveries near its maritime border. The decision could further embolden activists who have won several lawsuits against oil exploration companies. The legal battle began in 2021 when activists objected to planned seismic surveys by Shell and its local partners in whale-infested areas.
