Drone-led war shift: Ukraine marked Independence Day with a Kyiv “drone parade,” underscoring how unmanned systems are reshaping battlefield tactics and the defense industry. Targeting retail and logistics: Russian strikes hit Epicentr in Kharkiv (1 dead, 5 injured) and damaged warehouses serving major brands in Kyiv region, while Ukraine’s drone campaign continues to disrupt Russia’s e-commerce logistics, including Wildberries and Ozon. Air defense pressure: Russia launched a “massive” overnight attack on nine Ukrainian cities as Ukraine faces Patriot interceptor shortages in Europe. State support for defense procurement: Sweden added about SEK 270m (about $28m), with $14m routed through the PURL channel for U.S.-purchased weapons and air-defense supplies. Starlink politics: Zelenskyy awarded Elon Musk Ukraine’s Order of Freedom for Starlink’s role, while the dispute over Starlink use inside Russia remains a key operational issue. Finance and governance: The NBU said it issued 100+ decisions and sent 21 notifications to law enforcement in its supervision of state-linked Sense Bank. EU frozen assets push: Four EU countries urged Brussels to restart talks on using Russia’s immobilized assets to fund Ukraine. Business risk in Russia: Russia’s new decree enables forced takeover of businesses tied to “critical infrastructure,” raising uncertainty for investors. Local economy hit: Ukraine’s state debt was cited at about $8,500 per resident, as budget financing and EU aid timelines stay contentious.