British-made drones have been used to strike targets within Russia for the first time, according to reports. The drones, developed by two separate UK companies, have successfully targeted military and industrial sites, including refineries and warehouses of Russian online retailer Wildberries. The strikes, initially reported by the Sunday Times, are estimated to have caused over £35bn in economic damage. A military source confirmed the use of UK drones, highlighting their more decisive impact compared to earlier Storm Shadow missiles. The Russian Foreign Ministry previously acknowledged the use of drones with UK components to attack Russian territory, including a fuel depot in the Rostov Region. The UK's Ministry of Defence has pledged to supply Ukraine with tens of thousands of drones, including long-range strike devices, as part of its ongoing support for the country. Moscow reported that approximately 600 Ukrainian drones were launched towards the city, with a third destroyed and three injuries reported. The attacks on Wildberries, a major Russian e-commerce platform, aim to disrupt supply chains for military equipment. This development underscores the escalating use of drone technology in modern conflicts and its significant economic and strategic implications.

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BANGKOK (Reuters) -Thailand has estimated the initial costs of evacuation and damaged property at more than 10 billion baht ($307.88 million) after a five-day border conflict with Cambodia, and is expecting the eventual economic impact to be even bigger, the finance minister said on Tuesday. The government is preparing an initial budget of 25 billion baht ($771 million) to mitigate the effects, Pichai Chunhavajira told reporters. "I have to gather the budget for this as it will also stimulate the economy because there will be construction, house repairs and many more," he said. "It might not be enough and we may need to seek more," he said, adding the initial estimated damage had yet to include the disruptions in trade. In a separate statement, Pichai said the finance ministry had announced various relief measures to assist people and businesses affected by the border conflict. State-owned banks are offering measures including loan repayment deferrals, low-interest loans, refinancing options, and fee exemptions to support recovery efforts, he said. Tax measures include extending tax filing and payment deadlines to September, and tax deductions for repair costs — up to 100,000 baht for homes and 30,000 baht for vehicles, Pichai said. ($1 = 32.48 baht)

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