Prince Harry in Ukraine

Prince Harry made a surprise visit to Kyiv on Friday, after an invitation by an organisation that supports Ukrainians with life-changing injuries caused by the war.

The Duke of Sussex arrived by train and said he wanted to do "everything possible" to help the recovery of injured military personnel.

Superhumans, which helps provide those injured with prosthetic limbs and rehabilitation, told the BBC that it invited Prince Harry to Ukraine.

There are tens of thousands of soldiers and civilians with amputations as a result of Russia's full-scale invasion of Ukraine – numbers vary, as Ukraine doesn't give precise statistics on military casualties.

The prince took part in a panel discussion at Kyiv's National Museum of the History of Ukraine in the Second World War - where he advised those leaving military service that there is "light at the end of the tunnel".

"You will feel lost at times, like you lack purpose," said Harry, who spent 10 years in the British army.

"Don't stay silent. Silence will hold you in the dark.

"Open up to your friends and family, because in doing so you give them permission to do the same."

Among the people Harry met during the trip was war veteran Vasyl Tamulis, who told the Reuters news agency: "My main goal was to get a photograph with him because not many people have a photograph with [a] prince."

"Being selected for Invictus Games unites people and motivates because it is a very difficult selection process," he added, referring to the international multi-sport competition Harry set up for injured and sick military service personnel - both serving and veterans.

The duke also met privately with Ukraine's Minister for Veteran Affairs Natalia Kalmykova and attended a fundraising lunch in support of the Superhumans Centre in Lviv.

Ahead of the trip, Prince Harry told the Guardian: "We cannot stop the war but what we can do is do everything we can to help the recovery process."

"We can continue to humanise the people involved in this war and what they are going through."

The paper reported that Harry was joined by a team from his Invictus Games Foundation, which he launched in 2014.

Ukraine was given special permission to compete in the games by President Zelensky in 2022, just months after the war began.

During the opening ceremony, the prince said the world was "united" with the country.

His visit to Kyiv came after the Sussex's charitable foundation Archewell said on Wednesday that it had donated $500,000 (£369,000) to projects supporting injured children from Ukraine and Gaza.

Possible Scenarios for the End of the War

1) Sudden change of power and an RF elite “chain reaction”

In the event of the sudden incapacity or death of the president, the prime minister would automatically become acting head of state. Elections would need to be held within three months, and the interim leader would face restricted powers (for example, no ability to dissolve parliament or initiate constitutional changes). This would trigger fierce competition among key power groups — the Security Council, security services, the presidential administration and regional elites — to control the transition. The recent appointment of Sergei Shoigu as Secretary of the Security Council strengthens that institution’s role in any succession process. A rapid “elite compromise” could emerge to stabilise the situation, possibly leading to a frozen front line.

2) Consolidation of power and a “North Korean turn”

Further tightening of the vertical of power — including the rolling back of direct mayoral elections, strengthened propaganda, a command economy and deeper ties with North Korea — points to a trajectory of “fortress Russia”. This would mean a protracted low-intensity war and a closure of political channels for compromise, mirroring elements of Pyongyang’s model.

3) Economic shock and a shift of authority towards the security services

Blood Falls: A Century-Old Antarctic Enigma Unveiled

Introduction

Blood Falls is a mysterious natural phenomenon in East Antarctica that still evokes a captivating mix of scientific interest and eerie strangeness. A stream of blood-red water flows out from under the Taylor Glacier and spills onto the icy surface of Lake Bonney. First observed more than a century ago, it remains one of the most fascinating subjects of polar research.

Geographical Location

 Coordinates of Blood Falls: approx. 77°42′60″ S, 162°15′60″ E (decimal: −77.7167, 162.2667).

• Located on the western edge of Lake Bonney in Taylor Valley, one of the McMurdo Dry Valleys — a unique ice desert in Victoria Land.
• Taylor Glacier itself extends some 54 km from the Victoria Land plateau to the western end of the valley.  

Discovery and Research History

1. Discovery (1911)
   The falls were first described by Australian geologist Thomas Griffith Taylor during the Terra Nova Expedition (British Antarctic Expedition, 1910–1913, led by Robert Falcon Scott). He noticed a “blood-like” stain at the base of the glacier, which was later named after him.

2. Early Hypotheses
   Initially, researchers thought the red colour came from red algae. Later chemical analysis proved that the effect was due to iron oxides — essentially rust, formed as iron-rich brine oxidised on contact with air.

3. Subglacial Reservoir Discovery
   In 2009, geomicrobiologist Jill Mikucki and her colleagues confirmed the existence of highly saline, iron-rich, anoxic (oxygen-free) water feeding Blood Falls. They also discovered microorganisms capable of metabolising sulfur and iron without light or oxygen.

4. Hydrological Mapping and Modern Methods
   In 2017, a team led by Jessica Badgeley and Erin Pettit, with scientists from the University of Alaska and Colorado College, used radio-echo sounding to trace the hidden path of subglacial water. They revealed that the brine reservoir connects directly to Blood Falls, solving a 100-year mystery about the water’s origin and movement.

Key Scientific Facts

Business Markets at the Edge of Economic and Political Turbulence

As the world edges towards heightened geopolitical confrontation and economic uncertainty, business markets are entering a new and complex phase. Investors, corporates and policymakers are simultaneously contending with disrupted supply chains, inflationary pressures, technological competition and the prospect of tighter regulation. What emerges is not a uniform crisis, but rather a mosaic of risks and opportunities that will define global commerce for the coming decade.

Financial Markets: Risk Appetite Shrinks

Equities have demonstrated increasing volatility in response to global tensions. Investors are shifting away from high-growth technology and speculative assets towards defensive sectors such as healthcare, utilities and defence. Central banks, particularly the Bank of England and the European Central Bank, are navigating a delicate balance between curbing inflation and sustaining economic growth.

Government bonds are once again attractive, serving as safe havens amidst turbulence. Yet persistent fiscal deficits in many advanced economies raise questions about long-term debt sustainability. Currency markets, meanwhile, are reflecting political realities: the dollar remains resilient, the euro is pressured by energy insecurity, and emerging market currencies are highly sensitive to capital outflows.

Energy and Commodities: Supply Insecurity Persists

Energy markets remain structurally fragile. The push for diversification away from Russian energy, combined with the uncertain trajectory of China’s demand, has driven sharp price fluctuations in oil and natural gas. Renewable energy investment is accelerating across Europe and the UK, yet infrastructure bottlenecks and supply chain constraints limit rapid scaling.

In commodities, agricultural markets remain exposed to climatic shocks, while metals such as lithium and rare earths are increasingly politicised as strategic resources for the green transition. Businesses dependent on these inputs face both cost volatility and geopolitical risk.

Technology and Supply Chains: Strategic Realignments

Technology markets are now as much geopolitical as they are commercial. The US–China rivalry has accelerated decoupling in semiconductors, cloud computing and artificial intelligence. Western firms are reconsidering exposure to Chinese supply chains, while Beijing is investing heavily in domestic capacity.

This decoupling creates costs in the short term — higher prices, fragmented standards — but also spurs innovation in alternative markets, including South-East Asia and India. For businesses, the strategic imperative is resilience rather than just efficiency: multiple suppliers, regional diversification and digital security are now as critical as cost control.

Labour and Consumer Trends: Confidence Under Pressure

The world braces for a major war: Putin at an impasse — the West ramps up its military power

Putin’s inertia and Europe’s unease

While Russia’s President Vladimir Putin continues policies that stoke international tension, his military push has reached a dead end. Setbacks at the front, exhausted resources and sanctions are constraining the Kremlin’s ambitions. Despite mobilisation efforts, Russia has yet to achieve decisive results. Meanwhile, the West — especially advanced economies — is markedly strengthening its defences, seemingly preparing for a new, large-scale phase on the global stage.

Record defence spending

According to SIPRI, global military expenditure in 2024 reached $2.718 trillion, up nearly 9.4% year on year — the steepest rise since the Cold War. In Europe the surge is particularly striking: spending rose 17% to $693 billion. The biggest spenders include the United States, China, Russia, Germany and India.

Europe moves beyond its previous posture

The European Union has hit a record high for defence outlays. Almost every member state increased its 2024 budget, many by 10% or more. Germany, Poland, Spain, Sweden and the Netherlands are among those taking decisive steps to bolster defence.

Germany aims to more than double the size of its active army — from around 62,000 to roughly 160,000–200,000 personnel by 2035. Sweden plans to lift defence spending to 2.6% of GDP by 2028 and stand up four permanent brigades.

The UK and the US: strategy and production

The United Kingdom is reinforcing its defence through major investment. By 2027 spending is set to reach 2.5% of GDP, with priority given to ammunition production and the national nuclear programme.

The United States remains the world’s largest military budget: nearly $1 trillion in 2024, about 37% of global expenditure.

New hubs of arms production

China’s Parade of Power: Why the US and Europe Risk Defeat

 The 3 September 2025 parade revealed a fractured West — and a China no longer hiding its ambitions

By Professor Andrew Azarov, Business and Economics, International Business academy Consortium (UK)

Part I. Introduction and General Context

On 3 September 2025, the world witnessed an event that is difficult to overestimate: a grand military parade in Beijing, organised to mark the 80th anniversary of the end of the Second World War. At first glance, it was just a traditional celebration, a demonstration of strength and discipline. In reality, however, it was something much greater: a political declaration, a strategic manifesto, and a signal to the entire world that the international balance of power is shifting rapidly.

China demonstrated not only military might but also its ambition to become the architectural centre of a new world order. From columns of intercontinental ballistic missiles DF-5C to the latest unmanned systems, from the strict synchrony of the parade to the carefully choreographed presence of foreign leaders – every element was aimed not at the domestic audience, but at the global stage.

And here lies the main challenge for the West: the United States and Europe were left standing aside. If a decade ago such parades were perceived in Washington as mere symbolic rhetoric, today they form part of Beijing’s systemic strategy. Yet America, mired in its own political crises, failed to respond in time and to develop a coherent containment strategy.

The mistake of the United States

Over the last 20 years, the United States has missed its moment. The wars in Iraq and Afghanistan exhausted resources. Political polarisation paralysed the capacity for long-term planning. The “America First” policy alienated allies and eroded trust. Meanwhile, China was building strength – not only militarily, but also economically, diplomatically, and technologically.

Symbolically, the parade in Beijing took place at a moment when the US is no longer perceived in Asia as the sole guarantor of security. Its role has become debatable, its words less weighty, and its commitments increasingly questioned.

Europe in disarray

The European Union finds itself in an even more vulnerable position. Formally, it supports Ukraine and speaks of strategic autonomy. In practice, however, it is divided by the interests of individual states. Germany and France increasingly engage in independent talks with China, Italy wavers between Brussels and Beijing, while Eastern Europe looks to Washington but is increasingly doubtful of its ability to deliver protection.

The United Kingdom, following Brexit, also lost much of its traditional influence as a bridge between the US and the EU. London is trying to strengthen its presence in the Indo-Pacific, but without coordination with allies, such efforts are reduced in effectiveness.

A new centre of power

The key message of the Beijing parade was clear: the world is entering an era of three poles. The first is the United States, formally retaining leadership but increasingly weakened by internal crises. The second is Europe, unable to produce a common strategy. And the third is China, which no longer merely aspires but openly asserts its right to global leadership.

This is what makes the 2025 parade historic. For the first time since the Cold War, the West does not hold a monopoly on power, technology, and alliances. More than that, the event highlighted a fracture that Beijing is determined to exploit to the fullest.

Russia-Ukraine War and trade wars at the SCO Summit 2025

The leaders of China and India say there is now deepening trust between them after years of tension that includes a long-running border dispute.

China's President Xi Jinping and Indian PM Narendra Modi met on the sidelines of the Shanghai Co-operation Organisation (SCO) in the port city of Tianjin. It is Modi's first time in China in seven years.

Xi told Modi that China and India should be partners, not rivals, while Modi said there was now an "atmosphere of peace and stability" between them.

Russian President Vladimir Putin is also at the summit, attended by more than 20 world leaders, which this year has been overshadowed by trade wars with the US.

US President Donald Trump has imposed steep tariffs on Indian goods as punishment for Delhi's continued purchase of Russian oil, and Putin faces threats of sanctions for his ongoing war on Ukraine.

As the US-India relationship faces increasing headwinds, Modi is moving closer to Xi. Both countries are not only the most populous, but also have two of the largest economies in the world.

Modi announced that flights between India and China - suspended since deadly troop clashes on their shared Himalayan border in 2020 - would resume, without providing a timeline.

Xi said "both sides need to approach and handle our relationship from a strategic height and long-term perspective" and that "it is the right choice for both sides to be friends".

The SCO summit itself is largely symbolic but will allow leaders to air common grievances and shared interests. It comes days before a massive military parade in Beijing that will mark 80 years since the end of World War Two.

There are 10 member states in the grouping - including Russia, Pakistan and Iran - and 16 dialogue partners and observers.

Putin, who is a close ally of China, arrived to a red carpet welcome in Tianjin on Sunday.

The SCO was created by China, Russia and four Central Asian countries in 2001 as a countermeasure to limit the influence of Western alliances such as Nato.

This year's gathering is the largest since it was founded.