weighs

The United States is stepping up its campaign to sell Portugal the F-35. Speaking in Lisbon today, Secretary of State Marco Rubio said the United States would make Portugal a “very competitive” offer to replace its F-16 fleet. The development adds a high-level political push to an increasingly intense competition over the Portuguese Air Force’s next fighter.

Portuguese Foreign Minister Paulo Rangel said after meeting Rubio that Lisbon is seriously considering the American proposal, while emphasizing that other options remain under consideration.

“The Portuguese state will always decide in ‌accordance ⁠with the national interest,” Rangel said at a news conference after the meeting. “There is one point that is also clear: we are seriously considering the F-35 proposal, just as we are considering ⁠others.”

Portugal currently operates 25 modernized F-16AM/BMs, including 21 single-seat F-16AMs and four two-seat F-16BMs, from Monte Real Air Base, or BA5. The Portuguese Air Force, known as the Força Aérea Portuguesa (FAP), has not yet formally launched a replacement competition, but the aging fleet is increasingly becoming the focus of attention in Lisbon.

Portugal acquired a total of 45 F-16A/B Block 15 aircraft through the Peace Atlantis I and II programs.

The first 20 aircraft were delivered beginning in 1994. These were new-build F-16A/B Block 15OCU aircraft, comprising 17 single-seat F-16As and three two-seat F-16Bs, and were used to equip Esquadra 201 “Falcões.”

A second batch followed in 1999, when Portugal received 25 former U.S. Air Force Block 15OCU aircraft. Twenty-one were F-16As and four were F-16Bs, with several intended as attrition replacements or spares. These aircraft had accumulated roughly 3,000 flight hours and underwent an extensive modernization program to bring them to the F-16AM/BM configuration. This means the aircraft are broadly comparable to the U.S. Air Force’s F-16C/D Block 50/52 fleet. 

Esquadra 301 “Jaguares” finally became operational with its upgraded aircraft in 2005, while Esquadra 201 did not receive its upgraded F-16s until 2011.

Since then, the Portuguese Vipers have continued to receive incremental improvements. Their configuration has progressed through several mission-software standards, while the aircraft have been equipped with night-vision goggles, Joint Helmet-Mounted Cueing Systems (JHMCS), and advanced targeting and weapons capabilities.

Among the more important additions are Northrop Grumman Litening II targeting pods, and the ability to employ weapons including GBU-12 Paveway II laser-guided bombs, GBU-31 Joint Direct Attack Munitions (JDAM), and GBU-49 Enhanced Paveway II dual-mode weapons.

Twelve former Portuguese F-16s were transferred to Romania under a deal signed in 2013, with deliveries taking place in 2016 and 2017. Romania subsequently ordered five additional aircraft in 2019.

Structurally, the Portuguese F-16s could potentially remain in service into the mid-2040s. But maintaining their relevance against increasingly sophisticated air forces would require continued investment in avionics, sensors, communications, and self-protection systems.

The F-16AM/BM fleet continues to rely on the old AN/APG-66(V)2 pulse-Doppler radar. Replacing it with an active electronically scanned array (AESA) radar such as Northrop Grumman’s APG-83 would substantially improve detection and tracking performance, but would come at considerable cost.

Portugal faces a choice between continuing to invest in increasingly tired fourth-generation airframes or moving directly into the fifth generation.

Since the end of the Cold War, Portugal has become much more engaged in out-of-area operations and missions in support of NATO.

In the process, the Portuguese F-16 fleet has accumulated an impressive operational record.

The fighters have repeatedly deployed on NATO air-policing missions, including rotations to the Baltic States, Iceland, Romania, and Poland.

The F-35A would give Portugal a fifth-generation fighter built around low observability, sensor fusion, advanced electronic warfare, and networked operations.

The aircraft would also fit naturally into a NATO environment in which an increasing number of European air forces are adopting the F-35.

More than 900 F-35s are already in service or on order across Europe, according to previous comments by U.S. Ambassador to Portugal John Arrigo. Washington has repeatedly argued that joining that community would provide Portugal with a substantial interoperability advantage.

However, European competition includes the Eurofighter Typhoon, Dassault Rafale, and Saab Gripen E, with Airbus preparing an especially aggressive campaign for the Typhoon.

Airbus has said it intends to submit an unsolicited Eurofighter proposal to Portugal in late October or early November. That package is expected to encompass not just the aircraft, but financing, industrial participation and broader military cooperation.

Selecting the American stealth fighter deepens Lisbon’s military relationship with Washington at a time when European governments are wrestling with fundamental questions about their dependence on U.S. military capabilities.

Across the continent, uncertainty over Washington’s stance on NATO is encouraging European allies to examine ways of reducing their reliance on American military technology, even as those same countries continue to increase defense spending and purchase U.S. equipment.

If Washington can combine the F-35’s capability advantages with an attractive acquisition and sustainment package, Portugal could find itself facing a difficult choice between the strategic benefits of joining Europe’s growing F-35 fleet and the industrial and political advantages of selecting a European fighter.

The final decision on the replacement of the F-16 will also determine what combat jet spearheads the Portuguese Air Force for the next several decades.

Contact the author: thomas@thewarzone.com

Oct. 1, 2026 1:36 PM PT

WASHINGTON — The U.S. military is dispatching roughly 9,000 troops aboard a group of ships to the Middle East, a U.S. official said Thursday. The bolstering of the American military presence comes as President Trump warned anew that new strikes against Iran could be on the horizon.

He also said early indications suggest that Iran is linked to the co-pilot who stabbed his captain and tried to crash an Israel-bound flight on Wednesday.

In an exchange with reporters at the White House, Trump raised the connection when asked by a reporter if there were any links between the pilot behind the attack and Tehran.

“I would say the answer, based on what I’m hearing, is ‘yes,’ but we’re working on it right now,” Trump said, without offering details.

Trump also warned that if the link is established to Iran, the United States would retaliate.

“Oh they’ll be hit, very hard, don’t worry,” Trump said. “You just ask them. They know what happened. They’ll be hit very hard.”

Meanwhile, the group of ships now en route to the Middle East together carry over 7,000 sailors and 2,000 Marines.

It includes the USS Theodore Roosevelt carrier strike group, which recently deployed with the cruiser USS Chosin, and the USS Makin Island amphibious readiness group, which includes the USS John P. Murtha and USS Anchorage amphibious landing ships.

It could mean that three carriers are in the region as early as the end of October, according to the U.S. official who spoke to the Associated Press on condition of anonymity to discuss sensitive military operations.

Given the personnel already in place in the Middle East, the move would bring the U.S. naval presence to an unusually high number of more than 20,000 sailors and Marines and hundreds of aircraft. The Navy previously had three carrier strike groups in the Middle East in April for the first time since 2003.

The carriers USS George H.W. Bush and the USS George Washington are in the region now, along with the USS Boxer amphibious readiness group. The Washington is typically deployed to Pacific Ocean but it was moved to the Middle East to relieve the USS Abraham Lincoln, whose arduous deployment resulted in the crew being at sea for more than 260 days straight.

Trump, in a Time magazine interview published Thursday, also raised the prospects of new strikes, saying it is “possible” that he will ramp up bombing in Iran after the Nov. 3 elections in the United States.

When pressed, Trump said he could not go further in detailing his strategy.

“I can’t tell you that because look, you know, you’re asking, where are you going to bomb?” Trump said.

He said in the interview, conducted Monday, that he rejected the latest ceasefire proposal from Iran because “things that I wouldn’t have approved a year ago I wouldn’t have today.”

Trump cited as an example an offer from Iran to “open up” the Strait of Hormuz, the key energy shipping corridor, but said the overall proposal was “not good enough.”

Members of the military listen as Defense Secretary Pete Hegseth gives a State of the Force address at Marine Corps Base Quantico.

(Alex Wong / Getty Images)

Asked if the increasingly unpopular war would threaten Republican Party chances in November, Trump at first responded, “It’s possible.” But then he added, “It should help, because Iran will not have a nuclear weapon.”

The president said “100% of the people” oppose Iran having nuclear attack capabilities “including worldwide.”

“So, when you say it that way, It would help,” Trump added. “If you don’t say that, it could hurt.”

Toropin and Price write for the Associated Press. AP writers Seung Min Kim, Will Weissert and Aamer Madhani contributed to this report.

WASHINGTON — The Supreme Court on Tuesday let President Trump’s administration continue swiftly deporting people to countries other than their own for now, while the justices consider whether the policy is legal.

The apparent 6-3 order halts a lower-court decision. It requires the government to give migrants a chance to object before they are sent to countries to which they have no ties.

The Supreme Court will hear arguments in December.

The Trump administration said the lower-court order forced the cancellation of a deportation flight carrying about 70 people bound for three countries last week.

The justices have sided with the administration once before on the core Trump administration policy, allowing deportation flights to temporarily continue last year.

The court said it will consider several questions: whether the policy is lawful, whether lower courts had the authority to issue a sweeping block and other questions the government deems appropriate.

Under a series of often-secret agreements, the Trump administration has deported some 25,000 people to more than two dozen countries, including Liberia and Guyana. The vast majority have been sent to Mexico.

Trump’s Republican administration has said that it sends people with final deportation orders to third countries when they can’t be returned to their homelands or their native countries won’t accept them, including those who have criminal convictions. Those governments provide assurances that people won’t be persecuted or tortured, federal attorneys said.

But some migrants have nevertheless found themselves imprisoned in countries they’d never heard of before their arrivals. Others also face serious safety risks and are left with little choice except to return to the home countries they were fleeing. Many have no criminal convictions and have been found to be at risk of torture or persecution, attorneys for the immigrants said.

The case comes amid a sweeping immigration crackdown by the Trump administration, which has pledged to deport millions of people who are living in the United States illegally.

Whitehurst writes for the Associated Press.

SHARON Stone has entered the conversation surrounding Sydney Sweeney’s controversial naked sports betting ad.

Sydney, 29, sparked backlash earlier this month for posing completely naked in a campaign promoting the sports betting app, Novig.

Multiple well-known female figures – including Olympic athletes – have criticized the Euphoria actress’s racy photos for the male-focused app, accusing her of sexualizing women’s sports.

Sharon weighed in on the discussion on Wednesday while speaking to People at Variety’s 2026 Power of Women event in Los Angeles.

When asked for her thoughts regarding the X-rated ad, the Basic Instinct star said that Sydney should “take responsibility” for the campaign.

“I think that it’s up to her to take responsibility for her actions, not up to me to judge her for her actions.

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“It is up to me to be a cheerleader for the women who have made it through and become champions in women’s sports,” Sharon told the outlet.

“We can’t denigrate women’s sports to get men’s attention so they can gamble,” she added.

The ad captures Sydney in various compromising positions, using sports equipment to block her private parts.

Some photos show The Housemaid star straddling a basketball hoop, with her bare crotch against the rim.

In others, the TV star posed in a locker room wearing nothing but shoulder pads or holding two footballs to cover her breasts.

Team GB star Amy Hunt slammed Sydney for painting a false picture of women’s sports during a post-race interview.

Australian Olympic water polo star Tilly Kearns shared a similar message on Instagram about her disapproval of the provocative ad.

Former Olympic runner Hannah Williams also made her feelings known on social media, arguing that female competitors already have to fight to be taken seriously.

The shocking photos came after Sydney received heat for her extremely racy scenes in the third season of Euphoria, which premiered in May, as her character, Cassie Howard, pursued a career as an OnlyFans model.

Many fans thought her sexy scenes “went too far,” especially when Cassie dressed as a baby and posed seductively in a diaper.

At the time, it had been only a few months since Sydney’s other controversial jeans campaign with American Eagle sparked widespread fury.

Critics were outraged when the Anyone But You star seemingly implied in the ad that white women with blue eyes and blonde hair were the epitome of “good genes.”

Sharon commented on the campaign and the backlash that ensued at Variety’s Power of Women event last October.

“It’s okay to use what mama gave you. It’s really fine,” Sharon, who co-starred with Sydney in several episodes of Euphoria’s third season, said of the scandal.

“It’s hard to be hot, and I think we all know that. It’s really okay to use every bit of hotness you have — right here, right now — and go for whatever that is, because everybody has their own certain kind of hotness, their own certain thing, and you’re supposed to go for that.”

She added, “Because who are you not to be beautiful? You know, who you are isn’t an accident.”

Published on
18/09/2026 – 12:25 GMT+2

Britain’s most valuable private company has clarified where it intends to sell its shares.

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Nik Storonsky, Revolut’s founder and CEO, told French newspaper Les Echos on Thursday that the group is weighing a dual listing across the London Stock Exchange and the Nasdaq, confirming earlier media reports.

A spokesperson for Revolut confirmed the report to Euronews.

The US remains Storonsky preference, and he was candid about why, stating that “it’s a larger market. It includes institutional investors, hedge funds, fund managers and a considerable number of individual investors.”

“So we have the choice between selling in a small market with few buyers, or in a gigantic market with a huge number of buyers who will compete fiercely for our shares,” Storonsky added.

The comments mark a softening.

The Revolut CEO argued in 2024 that the London Stock Exchange simply could not compete with American venues, citing thin liquidity and the UK’s 0.5% stamp duty on share purchases, and had appeared to rule out listing at home altogether.

The London exchange has endured a prolonged drought of new listings, with companies either staying private or heading west. For instance, payments group Wise moved its primary listing to New York this year, and AstraZeneca has also expanded its presence in the US.

Revolut going public at anything near its current valuation would make it one of Britain’s largest listed companies, potentially worth more than Barclays or NatWest.

A secondary share sale in July valued the business at roughly $115 billion (€100bn), up from $75 billion (€65bn) in November.

No date for the IPO yet

When asked by Euronews about internal discussions regarding a timeline for the IPO, the spokesperson refused to comment, but pointed to a previous interview with Bloomberg in April of this year where the Revolut CEO stated “in two years time, but it depends on how good the market is.”

Progress as certainly been made as the company has spent this year assembling the regulatory foundations a listing will require.

It secured a full UK banking licence in March after a long wait that Storonsky has publicly blamed on British regulators, obtained a French licence in August, received conditional approval for a US national bank charter this month, and announced on Wednesday that it had applied for a Swiss licence alongside plans to invest more than 150 million Swiss francs (€158m) there.

Revolut has not stated which venue would host the primary listing, whether the two would happen simultaneously, or when formal preparations might begin.

Report says ‘reasonable grounds’ US was behind the deadly strike against a school in Minab in February.

DEVELOPING STORYDEVELOPING STORY,

The 25 basis-point hike is the first raise in three years and comes ahead of critical midterm elections in the United States.

The United States Federal Reserve has said it will raise interest rates by a quarter of a percentage point as inflation, driven by soaring fuel prices amid the US-Iran war, continues to weigh on the economy.

The Fed, which is the central bank of the US, said on Wednesday that it will hike interest rates by 25 basis points to 3.75 percent to 4 percent.

It is the first hike in more than three years and comes just weeks before the US midterm elections, despite repeated demands from US President Donald Trump to lower rates.

“Economic activity is expanding at a solid pace. While uncertainty remains elevated owing, in part, to geopolitical developments, domestic spending has been resilient,” the Fed said in a statement on Wednesday.

“Inflation remains elevated. Today’s policy action will support a timelier return to the Committee’s 2 percent goal. The Committee will deliver price stability.”

After Wednesday’s hike, Fed officials expect one more rate increase this year, according to their quarterly projections.

CME FedWatch, which tracks the likelihood of monetary policy decisions, forecast a 92.3 percent chance of the Fed increasing rates to 3.75 to 4 percent. A week ago, that forecast was a 40 percent chance of a quarter-percent rate increase.

But in the days since, a slew of data shifted those expectations.

For one, consumer prices jumped in August by 0.4 percent, the highest increase in four months. On an annual basis, prices rose 3.4 percent, matching the increase recorded in July, while the job market remains healthy.

Since then, benchmark crude oil prices have continued to soar as strikes in the US-Israel war on Iran have intensified. Brent crude hovered near $109 per barrel on Tuesday.

The average price for a gallon (3.8 litres) of petrol is $4.36, up 14 cents in the past week, and up from $4.06 in the last month, according to the American Automobile Association (AAA), which tracks daily petrol prices.

Diesel, on the other hand, was at $6.31, the highest recorded average and roughly double from a year ago. That, in turn, is expected to further stoke prices as diesel is used in trucks to haul everything from fruits and vegetables to steel and cement.

At the same time, the benchmark 10-year Treasury yield broke above the psychologically important 5 percent threshold on Tuesday, hitting 5.02 percent, its highest level in 19 years. The yield serves as a benchmark for borrowing costs, including car loans and home mortgages, and is a bellwether for inflation.

“The economy is in an unusual place,” Michael Klein, professor of international economic affairs at Tufts University’s Fletcher School and executive editor of EconoFact, a nonpartisan economic and social policy publication, as unemployment remains at a comfortable level while higher prices continue to stick, sending inflation beyond the Fed’s target of 2 percent.

“There [has been] a lot of pressure on Chairman Warsh to raise interest rates because of inflation coming in high, and that has been compounded by concerns about Trump’s pressure” as the president has continued to demand that interest rates be lowered, Klein said.

“Higher interest rates tend to weaken the economy… but if the market believes that there’s going to be a rate increase, it’s priced in already as prices move on news, so this won’t be news,” Klein said, adding that should help steady yields.