Two ships hit off the Bulgarian coast. NATO warns: ready to fight. The IMF predicts stagnation of the Russian economy until 2027.
AI-generated summary
The ongoing war between Russia and Ukraine now extends to previously untouched maritime areas, such as Bulgarian territorial waters in the Black Sea.
Russian missile hits house in Kharkiv, 3 dead and 10 injured. Two new ships were hit off the coast of Bulgaria, in the Black Sea: this was announced by Prime Minister Rumen Radev, declaring that he wanted to summon the Russian ambassador following "unacceptable" attacks, of which he informed NATO.
A first signal "at 01:30 (local time) about a vessel in distress" and, according to the rescued crew, the Maltese-flagged, Ukrainian-owned vessel was "hit by three aerial drones", Radev wrote on Facebook. Subsequently "another ship was hit" and "sunk", he added, specifying that "one crew member" was "rescued". Moscow slows down on its proposal for a 60-day ceasefire to organize elections in Ukraine. 'Putin wants to reach a deal' on an energy truce 'more than Zelensky wants,' according to Trump. And Europe launches a huge package of sanctions. NATO warns: "If attacked we are ready to fight immediately." Moscow's response: "Europe is doing everything to ensure the conflict does not end."
A new front has opened in the war in Ukraine, the Black Sea. This was underlined by the president of the European Commission, Ursula von der Leyen, after two other ships were hit by drones while they were sailing in Bulgarian waters. "The Black Sea has become another front of escalation of the Russian war in Ukraine. This is unacceptable", he wrote on Those responsible, he warned, "will have to answer".
A school was hit in a Ukrainian drone attack last night in Russia's Kaluga region, Tass news agency reports. The building, hit together with two private houses, is located in the Mosalsky district. Damage caused by falling drone fragments is also reported in Nevinnomyssk, Stavropol Territory. Moscow's Defense Ministry announced that air defenses intercepted 604 drones over various Russian regions during the night.
Two ships traveling on the Black Sea were hit by drones. This was announced by Bulgarian Prime Minister Rumen Radev, as reported by the BTA news agency. It had already happened on October 6 that boats were targeted in the same waters. Radev explained that a ship located 18 nautical miles east of Byala was hit by three drones. The second, 17 nautical miles east of Krapets, sank following the attack. One crew member was rescued.
Following the fall of a Russian drone, two houses caught fire in one of the villages of the Lviv region. The news was spread on Telegram by the head of the Lviv military administration Maksym Kozytskyi, as reported by Ukrinform. “According to preliminary information, during an air alert, a downed enemy drone crashed into a residential building in the village of Murovane, Lviv District,” he wrote. According to authorities, two houses are on fire and three cars are damaged. "So far there is no information on the victims. All emergency services are working on site," Kozytsky added.
The trend in global growth - which will slow from 3.5% in 2025 to 3.1% in 2026 - hides notable divergent movements between the various countries and greater concentration. The International Monetary Fund reports this in the World Economic Outlook in which it reports that 2 countries now 'reap' 95% of world growth, compared to 54 in April, while downward revisions have spread, affecting around 47% of economies. “The global economy is not simply slowing or accelerating; rather, growth is redistributing across countries based on their exposure to conflict-driven supply shocks and AI-related demand dynamics,” the Fund notes.
The Russian economy is in a phase of stagnation and will remain so until 2027 - thus covering the sixth year of war in Ukraine - even if, paradoxically, it is defense spending that is keeping it afloat. This is what is written in the World economic outlook of the International Monetary Fund, according to which after three years of growth driven by the engine of the defense industry and modest prospects for 2025 (1%), Russia's GDP is destined to grow by 0.9% this year, despite the increase in global raw material prices. Ukrainian attacks on Russian refineries - some of which were forced to suspend operations for months - have hit the crude oil processing sector harder than the markets themselves; in particular, oil prices currently stand at levels between 70% and 95% higher than pre-war levels. According to the new Russian budget, military spending is set to increase by a third next year compared to 2026, reaching 200 billion dollars and totaling 600 billion over the next three years.
Russian forces launched a large-scale rocket attack on Kharkiv, killing at least one person and wounding 10 others, including a rescue worker. This was reported by the Ukrainian authorities according to what was reported by the Kiev media. A few hours after the explosions a body was recovered from the rubble. According to Ukrinform, Oleh Syniehubov, head of the Kharkiv Regional Military Administration, wrote on Telegram that Russian forces used 10 Banderol-type missiles to attack civilian infrastructure in the city. In detail, in the Kholodnohirskyi district a four-storey residential building was hit, the entrance of which was completely destroyed. Damage was also reported to at least 10 private homes. In the Shevchenkivskyi district, however, a five-storey building. Additionally, a bank office on the ground floor and six cars caught fire. And the glass windows of three buildings were also damaged. "Emergency rescue operations continue in the places affected by enemy attacks - declared Syniehubov - some people may be trapped under the rubble. There are units of the State Emergency Service, emergency medical teams and the National Police on site".
AI outlook — possibilities, not facts
Increase in Russian military spending to $200 billion next year
Very likely · Within months

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