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UK-US Pharma Deal Protects Exports from Tariffs The UK will keep exporting pharmaceuticals to the US tariff-free for the next three years. The agreement includes higher NHS spending and a 25% increase in the price threshold for new treatments. The move comes after Trump repeatedly threatened high tariffs on medicines, citing US reliance on foreign drugs. UK exports to the US are crucial, totaling £11.1bn in the past year. Major UK pharma investments, including GSK and AstraZeneca, have increasingly focused on the US, and the deal aims to encourage domestic growth while maintaining trade access. US officials said the deal brings long-overdue balance to US–UK pharmaceutical trade and ensures Americans don’t overpay for drugs funded by US research. INSIDER | UK

Dnipro Attack Leaves Four Dead as Peace Efforts Continue Four people were killed and 40 injured after a Russian missile strike hit Dnipro, damaging nearby shops, cars and an office building. The city, close to the front line, has frequently been targeted since 2022. The strike occurred ahead of a planned meeting between US envoy Steve Witkoff and Putin in Moscow. Witkoff and other US officials met Ukrainian representatives in Florida on Sunday, calling the talks productive but incomplete. Moscow still demands Ukrainian withdrawal from the remaining Donbas territories, while Kyiv insists this is impossible. NATO-related security guarantees also remain a key dispute. Zelensky travelled to Paris to rally European backing as concerns grow that the US may lean closer to Moscow’s terms. His government is also dealing with political fallout after chief of staff Andriy Yermak resigned amid a corruption probe. INSIDER | UK

Four Arrested After Massive IP Camera Hack in South Korea Authorities in South Korea say four suspects hacked more than 120,000 home and business IP cameras, creating and selling sexually exploitative videos through a foreign website. The hackers targeted devices with simple passwords. The compromised cameras included those in private apartments, fitness studios, karaoke rooms, and a gynaecology clinic. Two suspects produced most of the site’s content, selling it for virtual assets. Police are blocking the illegal site, coordinating internationally, and advising victims to immediately update passwords. INSIDER | UK

Caracas Blasts Trump Over Threat to Close Venezuelan Airspace Venezuela has condemned President Trump’s suggestion that the country’s airspace should be treated as fully closed, calling it an “illegal and unjustified aggression”. The foreign ministry said the US has no authority to unilaterally restrict another nation’s airspace and accused Trump of “colonialist rhetoric”. The remarks come against the backdrop of the largest US military deployment in the region since 1989, including the USS Gerald Ford and 15,000 personnel. Washington claims the operation targets drug trafficking, but Venezuela argues it is an attempt to remove President Nicolás Maduro from power. Trump’s threat has triggered bipartisan criticism in the US Congress, with lawmakers warning he is bypassing constitutional requirements for military action. The FAA’s recent warning of increased military activity led to several airlines suspending routes, after which Venezuela revoked their permissions. Caracas has urged the international community to reject the US stance and showcased anti-aircraft drills on state television in response. INSIDER | UK

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Top Aide Andriy Yermak Steps Down After Kyiv Apartment Searched in Anti-Corruption Probe President Zelensky confirmed the resignation of his powerful chief of staff, Andriy Yermak, shortly after anti-corruption investigators raided his home. Although Yermak is not a suspect, the political fallout from a broad $100m corruption probe has intensified, complicating Ukraine’s position in ongoing US-led peace talks. Zelensky called for unity and warned that internal conflict could weaken Ukraine as heavy winter strikes damage the energy grid. The scandal has already led to the dismissal of the energy and justice ministers and the detention of several suspects. Former business associate Timur Mindich has left the country. Yermak, who led recent talks in Geneva, said he is fully cooperating and insisted Ukraine will not concede territory despite US pressure. His departure marks a major shake-up of Zelensky’s inner circle. INSIDER | UK

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