Gas price in Europe continues to reach new highs and is rapidly approaching $600 per thousand cubic meters.

On Monday, October gas futures on the ICE exchange jumped by 8% and reached $588 per thousand cubic meters.

Contracts pegged to the quotes of the EU's largest gas hub, TTF, are trading at around $584.5 per thousand cubic meters, up 6.7% for the day, 12% since the beginning of August and 195% since the beginning of the year.

Amid the new rally, Ukraine put up for action additional …

German Chancellor Angela Merkel, who is leaving office after 16 years in power, will make her last visit to Moscow.

On August 20, Merkel will arrive in Russia for talks with President Vladimir Putin, reports Deutsche Welle, citing the German government’s spokesperson Steffen Seibert.

Seibert did not specify the program of the visit, the first for Merkel in a year and a half, adding that after Moscow, the Chancellor will go to Kyiv to meet with Ukrainian President Volodymyr Zelensky.

The …

The Turkish manufacturer of unmanned aerial vehicles (UAVs) Baykar is developing an investment plan for the construction in Ukraine of a research center for advanced aerospace technologies and a UAV production facility, said Baykar’s Deputy General Director for Investments, Natalia Ozden.

"Baykar intends to invest in Ukraine and is now developing an appropriate investment plan," she said during the International Defense Investment Forum in Kyiv.

According to her, the project provides for 100 …

General Director and Chief Designer of JSC Research Enterprise of Hypersonic Systems (NIPGS) Alexander Kuranov was detained on August 12 by Russian FSB officers.

TASS reports, citing a source in law enforcement agencies, 73-year-old Kuranov is accused of treason. He is suspected of transferring development materials to foreign special services. The Lefortovo court of Moscow received a petition from investigators for the arrest of the scientist for two months, which was satisfied.

Doctor of …

Ukraine has sent 38 tons of barbed wire to Lithuania. This is the first batch of aid that Ukraine promised last week, reported the Ukrainian State Emergency Service.

"More than 38 tons of humanitarian cargo departed today, August 12, from Ukraine to Lithuania. This is the first stage of assistance of the three that Ukraine sends in accordance with the Decree of President Volodymyr Zelensky and the order of the Cabinet of Ministers. The assistance will contribute to strengthening the protection …

The Ministry of Foreign Affairs of Belarus withdrew its consent to the appointment of Julie Fisher as Ambassador of the United States of America in Minsk.

The Belarusian government said that such a decision was made allegedly "in response to the hostile actions of the United States."

"The brazen and openly hostile actions of the American side, as well as the actions of its individual representatives that do not fall under the concept of diplomacy and professionalism, destroyed the …

US troops can be deployed to Ukraine in order to strengthen the country’s air defense, said the Ukrainian Minister for Reintegration of the Temporarily Occupied Territories, Oleksii Reznikov, at a meeting in the United States with the President of the American analytical organization Jamestown Foundation, Glen Howard.

"It is important to expand the security package for Ukraine. First of all, due to the deployment of air defense forces, even by deploying American troops. Our legislation allows …

German law enforcement officers detained a British citizen David S. in Potsdam. He is suspected of working for the Russian special service.

According to a statement published on the website of the Prosecutor General's Office of Germany, the man was detained by employees of the German Federal Criminal Police Office, who are conducting an investigation. Search warrants were executed at work and at the suspect’s home.

"The accused is suspected of working for a foreign special service at the …