Ukraine Political Crisis: Zelenskiy’s defence reshuffle hit a wall as parliament confirmed Serhii Koretskyi as prime minister while rare protests erupted after Mykhailo Fedorov’s dismissal; Fedorov alleged army leadership blocked his initiatives and said Syrskyi forced Zelenskiy to choose. US Defense Budget Fight: The Senate rejected a procedural step to advance the NDAA for the first time since 2010, with Democrats citing the Iran war and lack of authorization. Ukraine Defence Leadership: Zelenskiy named SBU chief Yevhenii Khmara as acting defence minister, seeking to contain fallout from the Fedorov removal. Germany-France Tank Program: Germany’s defence minister said the Franco-German MGCS future tank effort may stay “platform-independent,” shifting toward shared tech rather than a common tank design. Arms Sales & Sanctions: US lawmakers unveiled revised Russia sanctions targeting top buyers of Russian energy; separate reporting said Trump is “pissed off” with Netanyahu over public criticism of a proposed F-35 sale to Türkiye. Procurement & Industry: UK will procure three offshore support vessels with Norway for mine hunting; India’s PTC Industries won a two-year BrahMos missile subsystem integration order; Senra Systems raised $65M to expand wire harness production for US aerospace and defence. Cybersecurity: Kaspersky flagged GoSerpent malware used in Southeast Asia against government and diplomatic targets for long-term access and data theft. Venture Capital for Defence: Lakestar closed its €262.2M Resilience I fund for dual-use and defence tech, adding senior security and political figures to its advisory board. Market Watch: Wall Street slid as chip stocks sold off and Netflix forecast disappointed, adding risk-off pressure.