EU Sanctions on Settlements: The UK and France move to ban trade tied to illegal Israeli settlement activity in the occupied West Bank, targeting specific firms and services linked to construction, infrastructure, financing and real estate. Ukraine War Risk to Trade Routes: Russian drones struck a passenger train near the Ukraine–Poland border shortly after European officials used the same line, underscoring how quickly logistics and diplomacy are being disrupted. Canada–EU Pivot: Mark Carney is exploring an “associate member” style status for Canada to deepen trade, security and mobility ties with the EU without surrendering sovereignty, as Ottawa tries to reduce dependence on the US amid tariff pressure. UK Growth Push: Andy Burnham tells business leaders Britain needs a “culture shift” to back entrepreneurs and unlock investment, with No 10 meetings featuring fintech and major corporate bosses. Arctic Security Agenda: European leaders gather in Rovaniemi, Finland, for an Arctic summit focused on the region’s economy and security. Fintech Security: Revolut says a limited number of customers were exposed in a scam using a legitimate government email domain, while it reports systems and funds were unaffected. Defense Industry in Poland: Anduril and Poland’s PGZ prepare local production of the Barracuda-500M cruise missile as Warsaw expands its arsenal. Energy/Industry Watch: France’s weak growth outlook and expensive energy are flagged as a risk to Tunisia via trade and investment links.