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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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Hudson’s Bay Rebrands as Court Approves Lease Sale to B.C. Retail Visionary

In a landmark decision, Ontario’s Superior Court has approved the sale of three former Hudson’s Bay leases to B.C. billionaire Ruby Liu, marking a pivotal moment in the transformation of Canada’s oldest department store chain.

Liu, who owns the malls where the properties are located—Tsawwassen Mills, Mayfair Shopping Centre, and Woodgrove Centre—will pay $6 million for the trio of leases. She plans to launch a new chain of department stores under her own name, offering a mix of fashion, beauty, dining, and family-friendly entertainment.

The court also greenlit a name change for Hudson’s Bay Company, a move prompted by Canadian Tire’s $30 million acquisition of the Bay’s intellectual property. The rebranding is intended to avoid confusion as the company winds down operations following its bankruptcy filing in March.

While Liu’s vision has sparked excitement, it’s also met resistance. Landlords representing 23 of the 25 additional leases Liu hopes to acquire have raised concerns over the lack of transparency in her business plan. Despite the opposition, Liu remains optimistic, stating she’s confident landlords will come around once her plans are fully revealed.

The sale and rebranding mark the end of an era for Hudson’s Bay and the beginning of a bold new chapter in Canadian retail.

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