Aug 7, 2026, 04:30 AM UTC

US President Donald Trump reportedly demanded explanations from Defense Secretary Pete Hegseth during a cabinet meeting at Camp David regarding depleted national ammunition stockpiles following military operations against Iran. Reports indicate that heavy usage of precision-guided munitions, including ATACMS, PrSM, Patriot, and THAAD missiles, has raised concerns over long-term US military readiness.

The White House denied reports of severe shortages, with Trump publicly dismissing the claims and stating that "we have plenty of ammunition." Separately, Trump introduced measures to restrict birthright citizenship, specifically targeting birth tourism and children of individuals associated with foreign governments or designated groups.

Sources: Defence24, Money, Portal obronny, Rzeczpospolita, TVP info

Norwegian housing prices dropped 2.6 percent in July, representing a sharper decline than anticipated by Eiendom Norge and Norges Bank. Industry observers suggest the market slowdown could alleviate upward pressure on interest rates.

Concurrently, analysts hold contrasting views on Norway's monetary path. SEB projects Norges Bank will raise its policy rate to 4.50 percent in the third quarter and maintain that level until late 2027, diverging from foreign central banks. Conversely, Oxford Economics criticized the central bank's approach, arguing monetary tightening fails to address supply-side inflation drivers, including weak productivity, low home construction, and a weaker krone.

Adding to the broader economic debate, former central bank governor Øystein Olsen co-authored a book challenging recent popular analyses of Norway's economy, alleging "serious errors" in prominent market commentaries.

Sources: Aftenposten, Dagens Næringsliv (DN), E24, Finansavisen, TV 2 Nyheter

State weather agency Aemet warned of "extreme" wildfire danger across Spain heading into the weekend, particularly in regions such as Galicia, Catalonia, and Castile and León. Blazes have burned approximately 180,000 hectares in Spain so far this year.

In Ávila, firefighters responding to a forest fire discovered dozens of dead animals on a private estate, launching a potential animal abuse inquiry. Broader statistics emphasize recurring operational risks, with machinery chispas causing nearly 10,000 Spanish blazes this century.

Across the border, France recorded over 120,000 burned hectares during its warmest summer since 1900. French law enforcement detained more than 400 individuals in connection with the blazes, including over 150 minors.

Sources: Canarias7, El Día, El Mundo, La Vanguardia, Marca

Tensions have eased in the Spanish North African enclave of Ceuta following a sudden border surge where tens of thousands of migrants crossed from Morocco within hours. The influx created chaotic conditions that resulted in over 70 deaths from drowning and stampedes.

Although most who crossed have returned across the border, approximately 2,500 migrants remain in Ceuta. The event prompted swift reactions from European and Swedish politicians, sparking debate over EU migration policies and border security. Authorities noted that false rumors of open borders largely drove the rapid movement toward the enclave.

Sources: Dagens Industri, Svenska Dagbladet, Sydsvenskan, Dagens Nyheter, 8 Sidor

FIFA President Gianni Infantino is confronting severe internal and external backlash following a controversial proposal to sell shares in the FIFA World Cup to private investors.

European football's governing body, UEFA, declared a loss of trust in Infantino and is considering boycotting FIFA competitions, a position supported by several national bodies including the Norwegian Football Association. Internal dissent has also surfaced, with FIFA Secretary General Mattias Grafström criticizing the commercial initiative in a memo to staff, describing the process as deeply problematic for the organization's stability.

As opposition mounts and several European nations indicate they will not support Infantino for re-election, speculation regarding potential successors has grown. Norwegian Football Association President Lise Klaveness has emerged as a prominent candidate discussed among European football leaders.

Sources: Aftenposten, Finansavisen, NRK, TV 2 Nyheter, VG