World· Page 2 of 2

International reporting filtered through a Luxembourg lens — global stories that touch the Grand Duchy through trade, finance, diplomacy, climate, or the diaspora.

  • An enormous half-built construction site across empty desert under a harsh sky, idle cranes.
    Vision 2030

    Saudi Arabia Halts NEOM's 'The Line' and Cuts Its 2030 Population Target

    Saudi Arabia is scaling back NEOM, its flagship Vision 2030 megaproject. Under new CEO Aiman al-Mudaifer, reporting says work on 'The Line' has been halted until after 2030, with Red Sea tourism and the Trojena ski resort delayed. The 2030 population target has collapsed from roughly 1.5 million to as low as 100,000, while $3 billion is redirected to the port-city OXAGON. Finance Minister al-Jadaan says Riyadh has 'no ego' and will defer or cancel projects.

    By Tom Reuter

  • An illustration of a communications satellite in orbit above a night-time Europe.
    Defence and space

    Luxembourg approves EUR 301 million financing for second military satellite

    Luxembourg's Chamber of Deputies voted 57 to 60 on 21 January 2026 to authorise a EUR 301 million financing law for GovSat-2, a secure government and military communications satellite. Run through the 50/50 LuxGovSat joint venture between the Luxembourg State and operator SES, the project routes the build to France's Thales Alenia Space and the launch to Arianespace. Defence Minister Yuriko Backes framed it as a contribution to EU and NATO security and a bet on European strategic autonomy.

    By Pierre Hansen

  • Soldiers in formation seen from behind on a grey parade ground, a military transport aircraft beyond.
    Defence spending

    Luxembourg sets out roadmap raising defence spending toward NATO's 5% goal by 2035

    Luxembourg's Defence Minister Yuriko Backes presented a roadmap on 20 May 2026 raising military spending by 0.1 points of GNI annually to 2.3% (EUR 1,665 million) by 2029, an incremental first step toward NATO's 5%-by-2035 pledge. The national finance council puts the cumulative extra cost at EUR 13.4 billion, with annual spending set to nearly quadruple. Backes rejected an "arms race" framing.

    By Julia Weber

  • The cooling towers of a nuclear power station releasing steam beside a river at dusk.
    Cross-border nuclear

    Luxembourg Demands a Seat as Cattenom Reactor Turns 40

    As France opens the decennial review that could keep the first Cattenom reactor running past its 40-year design life in 2026, Luxembourg — about 10 km downstream on the Moselle — is again pressing to be consulted at every stage of a plant it wants shut. The ASNR has cleared the country's 1,300 MWe fleet to run another decade, subject to upgrades; EDF expects to spend around EUR 6 billion.

    By Tom Reuter

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