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News & Articles By Garrison Vance
07/13/2026
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By Garrison Vance
Ukraine Unlikely to Produce Patriot Missiles Despite Trump’s License Promise, Sources Say
Ukraine is unlikely to start producing its own Patriot air defense missiles despite a promise by U.S. President Donald Trump to grant a production license, according to sources familiar with the matter cited by Reuters [1]. The new interceptors will likely be manufactured in Germany or another European country until the conflict with Russia ends, […]
07/13/2026
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By Garrison Vance
Russia Bans Diesel Exports Following Ukrainian Strikes on Refineries
Russia has imposed a ban on all diesel exports, effective immediately, according to Deputy Prime Minister Alexander Novak. The decision, announced at a government meeting with President Vladimir Putin, closes a loophole that had previously allowed self-producing oil companies to export fuel. “Today we introduced ban on exports of diesel,” Novak said, according to state […]
07/12/2026
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By Garrison Vance
NATO Summit in Ankara Reveals Deep Divisions, Analysts Say
U.S. President Donald Trump declared that there was “tremendous love in that room” as he wrapped up the 2026 North Atlantic Treaty Organization (NATO) summit in Ankara on July 9, according to participants. However, analysts said the summit exposed an alliance beset by public feuds, competing security visions, and widening political divisions. [1] The meeting […]
07/12/2026
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By Garrison Vance
IMF Cuts Global Growth Forecast to 3% on Iran War Impact
IMF Downgrades 2026 Global Growth Outlook The International Monetary Fund has reduced its 2026 global growth forecast to 3%, down from 3.5% in 2025, according to the fund’s July 8 World Economic Outlook update. [1] confirmed that the IMF would decide on its growth scenarios in that update. The IMF warned that the ongoing conflict […]
07/12/2026
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By Garrison Vance
Germany to Impose Energy Levies to Fund Emergency Gas Reserve
The German government confirmed plans to build a strategic gas reserve equivalent to 10% of the country’s storage capacity, according to the Federal Ministry of Economic Affairs. The reserve will be filled over 2027 and 2028, with establishment costs of €1.5 billion ($1.7 billion) and annual maintenance of up to €310 million ($353 million), Bloomberg reported. […]
07/12/2026
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By Garrison Vance
Trump Revives Greenland Purchase Push, Cites Rare Earths and NATO Tensions
President Donald Trump renewed his push for the United States to acquire Greenland during the NATO summit in The Hague on July 8, 2026, according to a report by Mining.com. Speaking alongside NATO Secretary General Mark Rutte, Trump criticized NATO allies for their lack of support on both Greenland and Iran, and argued that the […]
07/11/2026
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By Garrison Vance
U.S. Missiles Strike Near Bushehr Nuclear Plant; Flights Disrupted Across Region
Iran fired ballistic missiles at Kuwait, Bahrain, Qatar and Jordan on Thursday, July 9, according to government officials, after U.S. strikes hit the perimeter of the Bushehr nuclear power plant in southern Iran. Iranian officials said a U.S. projectile struck the area surrounding the plant, according to the deputy governor of Bushehr province who spoke […]
07/11/2026
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By Garrison Vance
Turkey and Iraq Extend Key Pipeline Agreement as Export Route Remains Critical
Turkey and Iraq Extend Key Pipeline Agreement Turkey and Iraq are expected to sign a 12-month extension of the agreement governing the Iraq-Turkey crude oil pipeline within days, according to Turkish Energy Minister Alparslan Bayraktar. The extension is intended to prevent the expiration of the transit agreement on July 27 and keep crude flowing to […]
07/10/2026
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By Garrison Vance
Trump Approves Patriot Missile Production in Ukraine, Endorses Deep Strikes Into Russia
President Donald Trump announced support for Ukrainian strikes deep inside Russian territory and authorized the production of U.S. Patriot missile interceptors in Ukraine, delivering a major policy shift during the NATO summit in Ankara, Turkey, on July 8, 2026. Trump appeared alongside Ukrainian President Volodymyr Zelensky at the bilateral meeting, praising Ukraine’s military efforts and […]
07/10/2026
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By Garrison Vance
Bulgaria Says It Has No More Weapons to Send Ukraine as NATO Summit Continues
Bulgarian Prime Minister Rumen Radev announced Wednesday, July 9, that the country has exhausted its ability to supply weapons and ammunition to Ukraine from its military stockpiles. The Bulgarian leader’s announcement came as the North Atlantic Treaty Organization (NATO) summit continued in the Turkish capital Ankara. Radev said Sofia would continue providing financial support within […]
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