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The US military reports attacking three Iranian oil tankers in the Gulf of Oman and sinking one. This action was a response to Iranian rocket fire targeting two US warships, which the US states were able to evade.
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The Spectrum carrier rocket from Bavarian company Isar Aerospace reached orbit during a test flight from the Andøya Spaceport in Norway. This marks a European first for a privately developed rocket.
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The German carrier rocket "Spectrum" by Isar Aerospace has successfully reached a near-Earth orbit. This marks a milestone for German spaceflight, as emphasized by Federal Research Minister Baer.
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During a discussion on resource partnerships with Africa, there was agreement that human rights are secondary in resource matters. Companies criticized Germany's supply chain law as bureaucratic and costly, while business associations pushed for a weakening of the regulations.
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Chancellor Merz warned of further job losses in Germany's industrial sector. Volkswagen plans to cut 50,000 jobs and reduce its model range, with the future of four German plants uncertain.
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US envoy met with President Putin in Moscow to discuss a peace agreement. Russia will refrain from attacks on Kyiv for three days after Ukrainian President Zelenskyy offered a three-day ceasefire.
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Isar Aerospace plans a new launch attempt with its Spectrum rocket after the first attempt failed last year after 30 seconds. The company states it has already secured orders worth several hundred million dollars until 2028.
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The tech industry is massively cutting jobs in 2026, with over 12,900 positions eliminated in Silicon Valley alone by September. This figure already exceeds last year's level by 27 percent and is attributed to investments in artificial intelligence.
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