G20 Diplomacy: US Treasury Secretary Scott Bessent told Russia’s Anton Siluanov that “nothing is possible” on economic relief or other deals until the Ukraine war ends, as Siluanov made a surprise in-person G20 appearance that angered European officials. Ukraine War’s Industrial Hit List: Russia’s jet-drone and missile campaign kept Kyiv under pressure for a fifth straight day, with strikes damaging warehouses and disrupting daily life; Ukraine says around 90% of retailers’ food logistics has been destroyed, while Russia also targeted book supply chains ahead of the school term. Starlink Rival Setback: Russia’s “Rassvet” satellite batch reportedly failed to reach intended operational altitudes, underlining ongoing trouble scaling a Starlink-like system. Defense-Industrial Signals: Ukraine’s military intelligence detailed Russia’s Zircon missile supply chain and components, while the US announced plans to ramp Patriot and THAAD interceptor production—both moves point to intensifying missile-industrial competition. Russia-Asia Trade & Logistics: Pakistan Railways signed a freight rail framework with Russian Railways Logistics, aiming for a pilot container train to boost multimodal trade. Automotive Policy: Russia approved an updated automotive industry strategy to 2035, targeting 2.8m vehicles annually and deeper localization of components. Finance & Consumer Credit: VTB forecast retail loans reaching RUB 13tn by end-2026, with consumer lending set to outpace mortgages and car loans.