•Serbian President Aleksandar Vucic reported the discovery of high-powered explosives and detonators near a key pipeline transporting Russian gas to Hungary.
•The devices were found in the Vojvodina province in northern Serbia, near the Hungarian border.
•Hungarian PM Viktor Orban convened an emergency defense council meeting to discuss energy security.
•The European Parliament rejected the proposed EU-wide chat surveillance spying system.
•The Parliament passed a resolution to force the EU Council and Commission into a debate over establishing migrant deportation centers in third countries.
•The European People’s Party (EPP) aligned with right-wing parties, including AfD and France’s Rassemblement National, to oppose previous policy directions.
•Deutsche Bank downgraded Avis Budget Group (CAR) from Buy to Hold, setting a price target of $128.
•The stock has risen approximately 91% over the past two months, significantly outperforming the S&P 500.
•Analysts noted that recent price actions are driven by technical factors and a potential short squeeze linked to Pentwater Capital Management filings.
