US Tariff Shock for Russian Oil Buyers: The US Senate approved the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 (86-11), letting President Trump impose up to 100% tariffs on goods from the top five Russian oil and gas importers: China, India, Azerbaijan, Hungary and Slovakia—now heading to the House, where timing and possible tariff-stripping amendments could reshape the final outcome. Hungary’s Business Angle: With Hungary named among the targets, the bill adds fresh uncertainty for trade and energy-linked costs, while Hungarian telecom and finance stories underline how quickly domestic markets react to policy signals. M-Telekom Results: M-Telekom reported slightly lower revenues but higher operating and net profit in H1, with management pointing to tariff increases to offset inflation and continued network expansion. Corvinus Education Scandal: Corvinus University’s education vice-rector Lajos György Szabó resigned after the exam scandal that led to a lecturer’s dismissal, promising further disclosures. Danube Drought Hits Economy: Record-low Danube levels are disrupting power generation and logistics across the region, with WWII warships re-emerging—another reminder that water stress is turning into an economic risk. Retail Uncertainty: Mere-linked discount chain’s only Hungarian store (Basket Plus) has reportedly closed temporarily, leaving customers and the operator’s plans unclear.