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bubmag

The ‘middle powers’ moment Peace

The ‘middle powers’ moment

In a landmark speech recently at the World Economic Forum, Canada’s Prime Minister, Mark Carney, said “middle powers” must work together to counter the rise of hard power, the disintegration of multilateral institutions like the United Nations and World Trade Organisation, and build a more cooperative and peaceful world. “The…
bubmag
June 10, 2026
U.S. defense spending on critical minerals surges in the last decade Project Maven

U.S. defense spending on critical minerals surges in the last decade

Over the past decade, the U.S. Department of Defense (DoD) spending for critical minerals transformed from virtually nonexistent into a major revenue stream, with the last five years delivering a dramatic surge in both contract volume and dollar value. The Pentagon and other defense-adjacent agencies’ growing appetite for these projects…
bubmag
June 10, 2026
Munich startup ERC System unveils Victor, a heavy-lift cargo eVTOL, at ILA Berlin Electric Car

Munich startup ERC System unveils Victor, a heavy-lift cargo eVTOL, at ILA Berlin

TL;DR ERC System unveiled its Victor cargo eVTOL at ILA Berlin 2026, targeting 250kg payload, 300km range, and 2028 deliveries for defence and logistics. Munich-area startup ERC System has unveiled Victor, an uncrewed hybrid-electric cargo eVTOL designed for defence, logistics, and disaster response, at ILA Berlin 2026. The company says…
bubmag
June 10, 2026
US Forces Strike Iran After American Helicopter Is Downed Self-driving Vehicles

US Forces Strike Iran After American Helicopter Is Downed

(Bloomberg) -- American forces carried out “self-defense strikes” against Iran on Tuesday, hours after President Donald Trump blamed Tehran for shooting down an American military helicopter off Oman. “The mission is a proportional response to unjustified Iranian aggression,” US Central Command said in a brief statement on X. The statement…
bubmag
June 10, 2026
Driven by Steel Production, China’s Belt and Road Construction Carries a Heavy Climate Cost Belt and Road

Driven by Steel Production, China’s Belt and Road Construction Carries a Heavy Climate Cost

China’s Belt and Road Initiative, the world’s largest ongoing infrastructure program, has a substantial climate impact. More than half its emissions stem from steel, the majority of which was produced in China. Cutting the emissions will require stronger environmental policies and major investment in cleaner manufacturing technologies, two new studies…
bubmag
June 10, 2026
Protesters torch building and vehicles, block roads over Belfast stabbing Belfast

Protesters torch building and vehicles, block roads over Belfast stabbing

In brief A horrific stabbing in Belfast on Tuesday has prompted calls for anti-immigration protests. The suspect has been charged with attempted murder and will face court on Thursday. Anti-immigration protesters torched a building and vehicles in Belfast on Wednesday and blocked roads, a day after a stabbing allegedly by…
bubmag
June 9, 2026