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.
Israel's security cabinet met to discuss a ceasefire deal with Hamas and the release of hostages, with the first hostages expected to be freed on Sunday.
The Israeli security cabinet met at Prime Minister Benjamin Netanyahu’s office to discuss the ceasefire deal with Hamas and the release of hostages, according to local sources. Netanyahu’s office confirmed that the first hostages are expected to be freed under the deal on Sunday.
If the ceasefire agreement is successful, it would end the conflict that has devastated Gaza, which has already claimed over 46,000 lives and displaced millions, including most of Gaza’s pre-war population of 2.3 million.
The full Israeli cabinet is expected to meet later on Friday to give final approval to the deal, though there have been concerns that the agreement might be delayed.
Israel had delayed expected cabinet meetings on Thursday, citing longstanding divisions among ministers and blaming Hamas for the delay. Hamas has reiterated its commitment to the agreement.
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.
Russian billionaire Vadim Moshkovich, founder of Rusagro, faces charges of embezzling 30 billion roubles ($357 million). His arrest is among the most high-profile in Russia’s business world in recent years.
India's government has introduced a bill proposing sweeping reforms in the management of waqf properties, allowing non-Muslim members on waqf boards and enabling the state to determine disputed land ownership, sparking concerns among Muslim groups and opposition lawmakers.
Greece plans to invest €25 billion in a sweeping multi-year defence strategy, Prime Minister Kyriakos Mitsotakis told parliament on Wednesday, marking a major step in modernising the country’s armed forces and reinforcing its strategic posture amid regional tensions and global uncertainty.
Russian Foreign Minister Sergey Lavrov met with Vietnamese Foreign Minister Bui Thanh Son in Hanoi on Wednesday, as both nations looked to deepen their strategic partnership and navigate rising global tensions through renewed diplomatic and economic cooperation.
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.
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