Russia-ASEAN Business Push: At the Kazan summit marking 35 years of ties, Philippines President Ferdinand Marcos Jr. urged ASEAN-Russia cooperation on maritime security, counterterrorism, cyberspace resilience, and trade facilitation, while a Kazan declaration set out plans to deepen work in energy, food security, transport, agriculture, digitalization, AI, tourism and innovative manufacturing. Ukraine Drone Impact on Moscow Fuel: Ukraine launched its biggest Moscow drone attack in two years, hitting a major oil refinery for the second time this week and disrupting flights as airports temporarily suspended operations; Moscow said hundreds of drones were intercepted, while Zelensky called the strike a “fully justified response.” Armenia-Russia Trade Support: Armenia will extend loan grace periods and repayment timelines for greenhouse operators after Rosselkhoznadzor export restrictions hurt producers, with greenhouse output largely aimed at the Russian market. Malaysia-Russia Local-Currency Talks: Malaysia and Russia agreed to expand energy cooperation and explore trade in local currencies (ringgit-ruble), alongside visa-free travel and cooperation in cybersecurity, AI, agriculture and pharma. Inequality Watch: Russia’s income inequality hit the highest level since 2007 in 2025, with the Gini coefficient rising to 0.422, as Rosstat methodology changes and war-driven regional spending complicate the picture. Arctic LNG Fleet: Russia brought a next-gen Arctic LNG carrier into service for year-round Northern Sea Route operations, signaling continued investment in polar energy logistics. UK Rates Hold: The Bank of England kept rates at 3.75% and said it will tolerate a slower return to its 2% inflation target, citing easing energy-price pressure after an Iran truce.