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The Society of Motor Manufacturers and Traders (SMMT) is calling on the European Union to recognize UK-made vehicles, parts and materials as equivalent to EU products in order to protect competition, consumer choice and supply chains.September 22 – According to the Korean Central News Agency (KCNA) on the 22nd, the North Korean Missile Administration successfully conducted a test of a new weapon on the 20th. Kim Jong Un, General Secretary of the Workers Party of Korea and Chairman of the State Affairs Commission, observed the test. According to reports, Kim Jong Un stated that the test demonstrated advanced defense technology capabilities, and acquiring these technologies is of great significance to the countrys preparedness and long-term military development.September 22 - According to three sources familiar with the matter, the United States plans to reactivate a former Cold War-era military base in southern Greenland and establish a military presence at a base on the east coast currently used by a Danish dog sled patrol, under an agreement to be signed on Tuesday by the US, Denmark, and Greenland. Two of the sources identified the locations as Nassarsuwak and Mestersweg. Denmark, Greenland, and the United States are expected to sign the new agreement at the United Nations General Assembly in New York at 10:30 a.m. ET on Tuesday (10:30 p.m. Beijing time). Denmark stated that the agreement places Arctic security under the oversight of the NATO military defense alliance, rather than solely on the responsibility of the US and Denmark.Three sources familiar with the matter revealed that the United States plans to reopen a military base in southern Greenland and establish a second military base in eastern Greenland.European Central Bank Chief Economist Lane: A second wave of energy price increases will lead to higher inflation, which is expected to gradually fall back to the target level from mid-2027.

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