Hungarian Foreign Minister Peter Szijjártó said the EU sanctions against Russia "are simply ineffective."

The Ukrainian Ministry of Defense reported that Ukrainian military losses in the past week amounted to 15,720 people.

According to the Times of Israel: About 60 rockets were launched from Lebanon into northern Israel.

Morgan Stanley downgraded the European semiconductor sector to market perform.

The EU ambassador to Georgia said the EU is considering suspending its visa-free regime with Georgia.

Ukrainian President Zelensky: The twelfth round of sanctions against Russia should continue.

Lebanese sources said the batteries of the exploding walkie-talkies were mixed with PETN (pentaerythritol tetranitrate, a nitrate explosive).

Pakistani military news: A security post in northwestern Pakistan was attacked and six security personnel were killed.

IDF: Sirens sounded in northern Israel.

Ukrainian President Zelensky: Ukraine plans to use EU loans for air defense, energy and domestic weapons procurement.

European Commission President von der Leyen: The EU will provide Ukraine with a loan of 35 billion euros.

International Aluminium Institute (IAI): Global primary aluminum production reached 6.179 million tons in August.

The Kremlin said Russia will restore control over the Kursk region "in a timely manner" and refused to discuss military plans in the region.

The Ukrainian Ministry of Defense announced that Russian aviation attacked the assembly points of 14 Ukrainian Armed Forces brigades in the Kursk and Sumy regions.

The National Highway Traffic Safety Administration said General Motors (GM.N) will recall 449,671 U.S. vehicles due to insufficient brake fluid.

Fitch Ratings: Reform of AT1 capital instruments poses a challenge to global banking regulators.

Fitch Ratings: Global steel markets are under pressure from weak demand and falling prices.

The Russian armed forces repelled an attempt by the Ukrainian armed forces to counterattack in the direction of Kremenoye, Lyubimovka and Malayaloknia; the Russian Ministry of Defense stated that the enemy had lost up to 30 people.

Reuters poll: Analysts expect the Hungarian Central Bank to further cut its benchmark interest rate by 25 basis points to 6.25% by the end of 2024.

Reuters poll: 16 economists surveyed expect the Hungarian Central Bank to cut its benchmark interest rate by 25 basis points to 6.5% next Tuesday.