Read something unrelated to wars on a Sunday evening. 📚

https://t.me/The_Europe_Update/9460

🇺🇦⚡️ — Ukraine plans to launch its own satellite internet system as early as 2027.

▶️ The Ukrainian company Stetman plans to use SpaceX to put the first 120 UASAT LEO satellites into orbit in 2027.

▶️ In total, 360 satellites are to be placed in orbit over the course of three years.

▶️ The cost of the project exceeds €1 billion, making it one of the largest private space investment projects in Ukraine.

▶️ The satellites will operate in low Earth orbit.

@IntelSlava

From what?

U.S. economic indicators during Donald Trump's second term (from January 2025 to mid-2026):

1. The Labor Market & Job Creation

• Sharp Drop in Net Job Creation: The pace of job growth slowed significantly in 2025. The U.S. economy added fewer than 200,000 net nonfarm jobs throughout 2025, down from roughly 1.5 million in 2024.

• Rising Unemployment: The unemployment rate crept upward from ~4.1% at the end of 2024 to 4.4% by late 2025 before fluctuating around 4.3%–4.6% in 2026.

• Slowed Hiring Rates: Employer hiring rates declined to around 3.3%, creating "low-hire, low-fire" job market where job seekers faced limited mobility.

2. Real Income and Disposable Income Growth

• Deceleration in Real Income: Annual real disposable income growth (income available after taxes and expenses) dropped to 0.4% in 2025.

• Median Weekly Earnings: Growth in median weekly earnings slowed to 0.7% in 2025—roughly half the pace seen in 2024.

3. Persistent Inflation & Specific Price Spikes

• Sticky Headline Inflation: Inflation did not cool to the Federal Reserve's 2.0% target in 2025, remaining stuck around 2.7%–2.9%.

• Energy and Food Prices: Energy prices experienced a sharp uptick in early 2026 (driven in part by international trade friction and geopolitical conflicts in the Middle East), while food-at-home price growth accelerated compared to 2024.

4. National Debt & Fiscal Space

• Budget Deficits: The federal budget deficit remained historically high at around $1.9 trillion for FY 2026.

• Debt-to-GDP Ratio: Federal debt held by the public surpassed 100% of GDP in 2026 (reaching 101%), driven by rising interest costs on existing debt and federal expenditures.