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Defence sovereignty: Europe races to build the low-cost weapons of future
NEWS
5/10/2026

Defence sovereignty: Europe races to build the low-cost weapons of future

With Trump wavering on Nato and war in Ukraine, Europe is scrambling to spend billions on weapons such as dronesIn a small workshop in England’s East Midlands, engineers at the British startup Skycutter are designing weapons for Ukraine. A row of 3D printers make the fuselage for interceptor drones, while parts such as motors and navigation chips are slotted together by hand. The same process happens hundreds of thousands of times a month in partner Ukrainian factories.The swarms of cheap, deadly and often autonomous drones deployed in that war have already changed combat completely. Troops far behind the frontline must move constantly to avoid attack from the air, travelling along netted tunnels and landscapes crisscrossed by fibre optic cables used to steer drones past radio jamming. Cities are terrorised by guided missiles that are cheaper and therefore more widely used than those that came before. Continue reading...

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Guardian UK
US Soldier Charged With Using Classified Intel to Bet on Maduro's Removal
Developing
Crime·4/24/2026AI summary

US Soldier Charged With Using Classified Intel to Bet on Maduro's Removal

A U.S. soldier has been charged with using classified military intelligence to place bets on the removal of Venezuelan President Nicolás Maduro. Gannon Ken Van Dyke, 38, allegedly made $400,000 in profits through Polymarket but failed the KYC process at rival platform Kalshi. The case is expected to highlight differences between the two prediction market firms' compliance procedures.

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Decrypt
Hong Kong's Largest Yachting Hub to Open in 2028 as Part of Skytopia Project
Developing
Business·4/20/2026AI summary

Hong Kong's Largest Yachting Hub to Open in 2028 as Part of Skytopia Project

Hong Kong authorities announced the development of the city's largest yachting hub as part of the Skytopia project, set to open in phases throughout 2028. The yacht bay will initially accommodate 70 small and medium-sized vessels with total capacity for 500 berths, including four specialized berths for 100-metre yachts and one capable of handling vessels up to 150 metres. The project targets a global yachting market expected to reach HK$352 billion (US$45 billion) by 2032.

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SCMP Economy