After weeks of continuous attacks on commercial shipping in the Red Sea, coalition forces, led by the U.S. and the U.K., initiated major retaliatory strikes against Iranian-backed Houthi rebels in Yemen. This operation, marking the first significant counteroffensive against the Houthis, was supported by coalition partners from Australia, Canada, the Netherlands, and Bahrain.
Israel is preparing for a significant legal battle at The Hague's International Court of Justice, where it faces charges from South Africa of perpetrating genocide against Palestinians in Gaza. The case asserts that Israel's military campaign against Hamas in the Gaza Strip amounts to genocide. Israel has strongly refuted these allegations of genocide.
The Israeli war cabinet is set to deliberate a Qatari proposal that would involve the deportation of Hamas leaders and the release of all hostages captured by the terrorist organization in exchange for a full withdrawal of the Israel Defense Forces (IDF) from Gaza according to Israeli Channel 13 which cited sources close to officials in Doha, Qatar.
The Israel Defense Forces (IDF) announced the successful dismantlement of Hamas's military infrastructure in the northern region of the Gaza Strip over the past weekend. Following this operation, they have initiated the withdrawal of thousands of their troops from the northern areas of Gaza and continue to "intensify and continue" its military operation in the southern Gaza Strip.
Marking the 25th anniversary of the euro, the European Union's unified currency, Christine Lagarde, President of the European Central Bank (ECB), highlighted that the development of their Central Bank Digital Currency (CBDC) is not intended to replace traditional cash, but rather to complement it.