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Russia Deploys Kalibr-Armed Warship to Mediterranean Amid Rising Tensions

On July 13, 2025, Russia deployed three warships to the Mediterranean Sea, one of which is armed with Kalibr cruise missiles , according to a report from the Ukrainian Navy. The missile carrier is capable of launching up to four Kalibr missiles , adding a new layer of strategic presence in the region. At the same time, Ukrainian officials confirmed that no Russian naval vessels  were detected in the Black Sea or the Sea of Azov  ,marking a shift in maritime focus. Over the past 24 hours, six vessels transited the Kerch Strai t toward the Black Sea, with three continuing toward the Bosphorus Strait , while five ships entered the Sea of Azov. This deployment comes amid ongoing hostilities in Ukraine, where Russian forces reportedly suffered significant losses in recent combat engagements. Analysts suggest the move may be part of a broader effort by Moscow to project power beyond its immediate borders , especially as tensions remain high across multiple fronts. The presence of Ka...
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Bank of England Holds Rates, Signals Easing Ahead Amid Job Market Strain

The Bank of England (BoE) has opted to keep its benchmark interest rate steady at 4.25%, maintaining a cautious stance as signs of a weakening labor market emerge. The decision, made by a 6-3 vote within the Monetary Policy Committee, reflects growing concern over rising unemployment and global economic uncertainty, particularly due to escalating tensions in the Middle East.

Governor Andrew Bailey emphasized that while inflation remains above the BoE’s 2% target, the central bank is closely monitoring the cooling job market and its potential to ease price pressures. “Interest rates remain on a gradual downward path,” Bailey noted, though he stressed that future moves would be data-dependent.

The BoE’s decision comes amid a backdrop of elevated energy prices and geopolitical instability, which could complicate efforts to bring inflation under control. Still, with wage growth slowing and job vacancies declining, policymakers appear increasingly open to further rate cuts—possibly as soon as August.

Investors are now pricing in at least two more quarter-point cuts by the end of 2025, signaling a shift toward a more accommodative monetary policy as the UK economy navigates uncertain terrain.


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