Israel’s largest defense firm secures $130 million rocket supply deal
Elbit Systems, Israel’s largest defense company, has secured a $130 million contract to supply advanced rocket munitions to an undisclosed European country.
World leaders have praised the landmark ceasefire agreement between Israel and Hamas, set to pause the 15-month Gaza conflict on January 19.
Reactions from world leaders have poured in following the announcement of a landmark ceasefire agreement between Israel and Hamas, set to pause the 15-month conflict in Gaza starting January 19.
US President Joe Biden praised the Gaza ceasefire agreement, highlighting the role of his administration in the negotiations. He emphasized his team's efforts in bringing about the deal and expressed hope for its successful implementation.
Meanwhile, US President-elect Donald Trump also praised the ceasefire agreement, emphasizing its historical significance. Trump took to social media, claiming credit for the deal’s success and celebrating its potential to bring peace to the region.
International leaders also expressed their support for the deal.
The Japanese government hailed the ceasefire and hostage release deal, calling it a key step toward improving Gaza's humanitarian situation, pending Israel's approval.
German Chancellor Olaf Scholz praised the ceasefire deal, urging full implementation, including hostages' release and the return of remains. He emphasized the potential for lasting peace and improved humanitarian conditions in Gaza.
Qatar's Emir Tamim bin Hamad al-Thani expressed hope that the ceasefire would end the aggression in Gaza and allow for a new phase where the Palestinian cause would be addressed justly, emphasizing Qatar's humanitarian role in the deal.
Egypt's President Abdel Fattah El-Sisi, stressed the urgency of accelerating humanitarian aid to Gaza, highlighting the need to address the catastrophic humanitarian situation, and pledged Egypt’s continued support for achieving peace.
UN Secretary-General António Guterres commended the mediators — Egypt, Qatar, and the US — for their efforts, urging all parties to fully implement the agreement and use it as a step towards establishing a political path for peace in the region.
European Commission President Ursula von der Leyen urged Israel and Hamas to fully implement the agreement and stresse d the need for a lasting diplomatic solution to the conflict.
UK Prime Minister Keir Starmer called the ceasefire agreement long-awaited, offering hope for both Israeli and Palestinian families. He highlighted the return of hostages, the need for humanitarian aid in Gaza, and the importance of a two-state solution for lasting peace.
Turkish President Recep Tayyip Erdoğan expressed hope that the deal would bring lasting peace and stability, particularly for Palestinians. He reaffirmed Türkiye's commitment to supporting Gaza and its people in their recovery and ongoing struggles.
While the ceasefire represents an important milestone, leaders emphasize the need for continued efforts to ensure a comprehensive and enduring peace for the region.
Aid groups in Myanmar’s worst-hit areas urgently need shelter, food, and water after a devastating 7.7 magnitude earthquake killed over 2,700 people. Rescue efforts face challenges due to ongoing civil war, damaged infrastructure, and restricted aid access, with the toll expected to rise.
Russian forces carried out a drone attack on Ukraine’s second-largest city, Kharkiv, late Wednesday, injuring at least twenty one people and causing structural damage, according to Ukrainian officials.
French far-right leader Marine Le Pen was banned from running for public office for five years after being convicted of embezzlement, ruling her out of the 2027 presidential race. She received a four-year prison sentence, with two years suspended, and a €100,000 fine. Le Pen plans to appeal.
Apple marked its 49th anniversary by reaching a market capitalization of $3.3 trillion. Despite recent tech stock volatility, Apple's shares surged 28% in 2024.
The Armenian armed forces attempted three reconnaissance drone flights over Azerbaijan Army positions near Gerenzur, but all were successfully intercepted. Meanwhile, Armenian units repeatedly fired on Azerbaijani positions from multiple regions, escalating tensions in the area.
Real Madrid coach Carlo Ancelotti is set to appear in court on Wednesday over allegations of failing to pay €1 million in taxes on image rights earnings during his first tenure at the club. Prosecutors seek a prison sentence of nearly five years and a €3.2 million fine.
Preparations for the second meeting in Istanbul on the normalisation of bilateral ties between Russia and the United States are underway, said Foreign Minister Sergey Lavrov.
U.S. President Donald Trump is set to unveil a sweeping new round of tariffs on what he calls “Liberation Day,” a move that could shake up U.S. trade policy and heighten tensions with global partners. With few details known, markets are already bracing for impact.
China is prepared to collaborate with Russia to advance multi-polarization and promote greater democracy in international relations, Chinese Foreign Minister Wang Yi stated after discussions with Russian officials in Moscow.
The US Attorney-General has directed prosecutors to pursue the death penalty for the 26-year-old Luigi Mangione, the accused killer of UnitedHealth Group CEO. In official statement, Mangione’s lawyer Karen Friedman Agnifilo labeled the Attorney General’s move as “barbaric.”
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