Nation’s defense firms to lose over $1b. annually with U.S. aid deal

The Israeli arms industry is expected to lose $1.3 billion in revenue each year and as many as 22,000 workers could lose their jobs when the latest agreement for military aid from the US kicks in at the end of this year, the Defense Ministry warned at a Knesset Finance Committee meeting on Monday.

Trump team still debating timing of Mideast peace plan release

The Trump administration will unveil its plan for Israeli- Palestinian peace sometime in the coming months, but no decision has been made as to the precise timing of its release, two US sources told The Jerusalem Post on Friday.

Erdogan hosts Islamic summit to back Palestinians, condemn Israel

Turkish President Recep Tayyip Erdogan on Friday hosts for the second time in half a year a summit of the world’s main pan-Islamic group seeking to show solidarity with the Palestinians and condemn Israel after deadly clashes at the Gaza border Monday in which some 60 Palestinians were killed by IDF fire.

Palestinians say baby, killed by tear gas, among 58 Gaza dead

The Gaza Strip’s Hamas-run health ministry said Tuesday morning that a baby was among those killed during violent border clashes along the territory’s border with Israel the previous day, bringing the overall death toll in the day’s bloody events to 58.

Trump Administration Readying Israeli-Palestinian Peace Plan

The United States is in the ‘late phases’ of finalizing its Israeli-Palestinian peace plan that will be presented to both parties for consideration, according to a senior White House official, who discussed progress on the matter ahead of a massive celebration in Israel to open the new U.S. embassy in Jerusalem.

Russia seeks mediator role between Israel and Iran

Following Israeli strikes on Iranian targets in Syria, Russia has positioned itself as a mediator between the Middle Eastern rivals as it has maintained good relations with both countries.

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