Related News

The government on Thursday announced a three-month extension for duty-free cotton imports, allowing the benefit to continue until December 31 to aid textile exporters hit by 50 percent US tariffs.“In

Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tom Brenner | The Washington Post

Access Denied You don’t have permission to access ” on this server. Reference #18.11092017.1756359908.63da165 Source link

Access Denied You don’t have permission to access ” on this server. Reference #18.27fdd417.1756359214.6778170 Source link

Top stocks to buy today (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Nykaa, Kaynes, and Dr

Varanasi: With the American market accounting for almost 60% of India’s carpet exports of Rs 16,000 crore, amounting to nearly Rs 9,600 crore, the tariff hike is making the industry

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Trump administration approves nearly $3 billion arms sale to Israel

Word Count: 370 | Estimated Reading Time: 2 minutes


Washington, D.C. — The Trump administration has approved a major nearly $3 billion arms sale to Israel, bypassing a normal congressional review to provide the country with more of the 2,000-pound bombs that it has used in its war against Hamas in Gaza.

In a series of notifications sent to Congress late Friday, the State Department said it had signed off on the sale of more than 35,500 MK 84 and BLU-117 bombs and 4,000 Predator warheads worth $2.04 billion.

The State Department approved Israel’s purchase of Caterpillar D9 Bulldozers and related equipment for an estimated cost of $295 million. Deliveries by the Irving, Texas-based company are expected to begin in 2027.

The Defense Security Cooperation released a statement confirming a munitions sale to Israel for an estimated cost of $675.7 million. Repkon USA, located in Tampa, Florida, and The Boeing Company, located in St. Charles, Missouri, will manufacture the equipment, which is estimated to be delivered to Israel beginning in 2028.

The arms sale comes as the first phase of the ceasefire, which paused 15 months of war, freed Israeli hostages and Palestinian prisoners, and enabled more humanitarian aid to reach Gaza, is set to expire on Saturday. 

The two sides seem willing to maintain their truce while negotiators from the U.S., Egypt and Qatar guide talks aimed at getting to the next phase.

The parties were supposed to have begun ironing out the details of phase two weeks ago. But talks were delayed as the first six weeks of the ceasefire were marred by disputes between Israel and Hamas over alleged violations of the deal.

Under the terms of the truce that began in Jan. 19, the second phase would compel Hamas to release all the remaining living hostages from its Oct. 7, 2023, terrorist attack that triggered the war, in exchange for more Palestinian prisoners in Israel, a lasting ceasefire and a full Israeli withdrawal from the Gaza Strip.

Over the past six weeks, Hamas has freed 33 living and dead hostages in exchange for more than 1,700 Palestinian prisoners. The militant group still holds 59 captives, 32 of whom are believed to be dead.

Israel is reportedly seeking an extension of the first phase to secure the freedom of more captives.



Source link

Most Popular Articles