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Hezbollah Offers Conditional Disarmament in Exchange for Israeli Pullback
A senior official from Hezbollah has outlined the conditions for discussing disarmament and transferring its weapons to the Lebanese army. President Aoun is expected to begin talks after consulting with the parliament speaker, a close Hezbollah ally, and has ruled out using force to achieve this goal. Read the full story here
Tehran Stands Ready for Nuclear Accord as US Faces Ultimatum on Military Posture
Iran is set to engage in indirect talks with the US on Saturday to discuss its nuclear programme, with Foreign Minister Abbas Araghchi stating that Iran is "ready to engage in earnest and with a view to seal a deal". The talks, to be held in Oman, come after US President Donald Trump announced that he wants a deal to prevent Iran from acquiring nuclear weapons, and warned that Iran would be in "great danger"…
Global Markets Plunge as Trade Tensions Between US and China Reach Boiling Point
Global markets are experiencing a downturn as the US-China tariff war intensifies, with stocks and oil prices declining. The escalating trade tensions have led to a decrease in investor confidence. The trade dispute between the two nations has resulted in a decline in stock prices and a decrease in oil prices, affecting the overall global economy. Read the full story here
Mistaken Cut: US Accidentally Slashes Funding for Crucial UN Food Aid Initiatives
The US State Department has restored funding for emergency food programs in 14 impoverished countries, after accidentally cutting off aid. The move reverses a decision to terminate contracts for life-saving aid, with the State Department citing an error in the cancellation process, affecting countries including Afghanistan, Syria, and Yemen. Read the full story here
Trump’s Secret Talks: Israel Caught Off Guard by US-Iran Negotiations
Israeli officials have confirmed that they were not informed in advance of an agreement between President Donald Trump and Iranian officials to open negotiations. The officials have expressed surprise, but are attempting to downplay the element of surprise, saying they knew a development was possible due to Trump's previous statements on the Iranian nuclear issue. Read the full story here
Brussels Turns to Beijing: An Unlikely Alliance Against US Trade Tensions
The European Commission is seeking to address trade diversion issues with China, with President Ursula von der Leyen discussing a mechanism to track and address potential problems with Chinese Premier Li Qiang. The EU is considering introducing safeguard measures if diplomatic efforts fail, and is monitoring trade flows closely, following a meeting between the EU's trade chief Maroš Šefčovič and the bloc's 27 trade ministers. Read the full story here
Libya’s Billion-Dollar Exodus: The Staggering Annual Toll of Illegal Migration
The Central Bank of Libya (CBL) reports that the country loses approximately $7 billion annually due to illegal migration. This significant economic drain is one of the challenges facing the bank amidst the country's deep financial crisis. The CBL cites dual public spending by two governments as a major obstacle, leading to increased demand for foreign currency and a rise in inflation rates, posing a threat to the Libyan dinar exchange rate and the country's…
Border Blitz: Canada Slaps 25% Tariff on American Autos
The Canadian government has imposed retaliatory tariffs on U.S. vehicles, effective Wednesday, in response to U.S. President Donald Trump's tariffs on Canadian automobiles. The tariffs will be 25% on the portion of each vehicle imported from the U.S. that did not originate in Canada or Mexico. The move is expected to increase the price of U.S.-made autos by as much as 25% and could damage the integrated supply chain of the North American auto sector,…
Iran Turns to Maritime Trafficking to Arm Hezbollah
A Western security official revealed that Iran has switched to maritime routes to smuggle weapons to Hezbollah in Lebanon, due to instability in Syria. This new method allows Iran to bypass Syria and transport weapons directly to Lebanon or through intermediary countries, with two special Quds Force units overseeing the operations. Read the full story here
Pentagon Eyes Major Troop Reduction in Eastern Europe Amid Shifting Global Landscape
The United States is considering a troop withdrawal of up to 10,000 soldiers from Poland and Romania. This move comes after the countries hosted US troops following Russia's invasion of Ukraine. The reasons behind the potential withdrawal are not explicitly stated, but it may be related to the ongoing conflict in Ukraine and the US military's global strategic priorities. Read the full story here