May 06, 2026
Ukrainian drones are hitting targets deep inside Russia, reaching areas where once residents believed the war was too distant to touch them. For the city of Yekaterinburg, which saw residential buildings damaged by drones, the attack carries symbolic weight. The city lies in Ural Mountains and served as a base for the Soviet Union during World War II because it was considered out of range from attacks coming from Europe.
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Prime Minister Ilie Bolojan’s government fell after losing a no-confidence vote, putting Romania’s access to EU recovery funds – worth approximately $13 billion – at risk.
Natalie Johnson
Prime Minister Ilie Bolojan’s government fell after losing a no-confidence vote, putting Romania’s access to EU recovery funds – worth approximately $13 billion – at risk. The country, which has the largest budget deficit in the EU, has to complete the bloc’s mandated economic reforms by August to unlock the funds. But with its country’s pro-EU government pushed out, those reforms are uncertain.
One year after announcing its European digital commitments, Microsoft shared an update on progress across the region, highlighting new investments and expanded infrastructure to support AI adoption, strengthen resilience, and protect data. As demand for AI grows, organizations across Europe are increasingly focused on digital sovereignty, seeking greater control over data, stronger security, and assurance that critical systems remain available amid geopolitical uncertainty. Microsoft’s latest update outlines progress across key areas, including cloud expansion, cybersecurity, and privacy protections, helping enable AI and cloud adoption at scale while aligning with European regulations and priorities. Read the full update here.
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In this Quick Take, Ian Bremmer unpacks a rapidly shifting US strategy toward Iran as tensions in the Strait of Hormuz continue to disrupt global shipping and raise the risk of further escalation.
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