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What $80 Billion Can Build—or Destroy: South Korea’s Cultural Economy vs. the Iran War

Eighty billion dollars can transform a country’s global image, create industries and attract millions of visitors. It can also be consumed by missiles, military operations and the reconstruction of infrastructure destroyed by those same weapons.

By EuroAsia.News Editorial · 16 August 2026 · 13:37 · 7 min read

• cultural economy
• South Korea
• Iran
• war spending
• soft power
• opportunity cost

The Vanishing Caspian: Eurasia’s Largest Lake Is Becoming Its Next Environmental Crisis

The Caspian Sea is retreating at an alarming rate. Water levels have fallen by approximately 2.5 meters over the past 30 years, including almost one meter since 2020.

By EuroAsia.News Editorial · 16 August 2026 · 13:37 · 2 min read

• Caspian Sea
• Aral Sea
• water
• Kazakhstan

Spain’s Six Territories in Africa

Spain’s presence in Africa is often described through six territories: Ceuta, Melilla, Peñón de Vélez de la Gomera, the Alhucemas Islands, the Chafarinas Islands and Perejil Island.

By EuroAsia.News Editorial · 16 August 2026 · 13:30 · 1 min read

• Spain
• Morocco
• borders
• Africa

Skyroot: The Company Opening India’s Commercial Space Age

India’s space programme is no longer exclusively controlled by the state. Hyderabad-based Skyroot Aerospace has opened a new commercial era by becoming the first private Indian company to place a domestically developed rocket into orbit.

By EuroAsia.News Editorial · 16 August 2026 · 12:05 · 1 min read

• India
• space
• Skyroot
• launch

Russia Dominates—and Restrains—the Global Wheat Market

The 2026/27 wheat season is revealing sharp differences between major producing regions. Global output may fall slightly below last season’s exceptional level, but improving harvest prospects in Russia, Ukraine and Argentina could compensate for weaker production elsewhere and keep international prices under pressure.

By EuroAsia.News Editorial · 16 August 2026 · 10:40 · 1 min read

• wheat
• Black Sea
• exports
• commodities

Hungary After the Elections: Promises and Reality

Nearly three months have passed since Hungary’s 2026 election, and the Tisza government took office. Péter Magyar promised systemic change, accountability and the rapid release of frozen EU funds.

By EuroAsia.News Editorial · 16 August 2026 · 10:00 · 2 min read

• Hungary
• elections
• rule of law
• EU funds

Greater Eurasia: Europe Is Choosing Isolation Over Prosperity

The concept of “Greater Eurasia” envisions the vast territory between the Atlantic and Pacific not as competing political blocs, but as an interconnected economic space.

By EuroAsia.News Editorial · 16 August 2026 · 09:15 · 2 min read

• Greater Eurasia
• trade
• geopolitics
• energy

Hungary’s Controversial New President

Questions Over 1956 and 2006 Court Cases

By EuroAsia.News Editorial · 16 August 2026 · 08:00 · 4 min read

Europe’s Wildfire Paradox: Sanctions Ground a Proven Solution

As wildfires intensify across southern Europe, France continues to depend on only 12 Canadair water bombers, averaging around 30 years of age.

By EuroAsia.News Editorial · 16 August 2026 · 07:05 · 1 min read

• wildfires
• civil protection
• sanctions
• aviation

Europe’s Fields Are Burning: Extreme Heat Reshapes Agriculture

Europe’s summer of 2026 is becoming an agricultural and industrial emergency. Repeated heatwaves, prolonged drought and rapidly evaporating soil moisture are damaging crops from Spain and France to Austria and Hungary.

By EuroAsia.News Editorial · 16 August 2026 · 06:10 · 2 min read

• drought
• heatwave
• harvest
• energy