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Saudi 2025 budget sees lower deficit on spending trims

Saudi Arabia on Tuesday approved a budget for 2025 that projected a smaller deficit than last year despite continued heavy spending on reforms to transition the economy away from oil. The expected deficit of $26.8 billion, amounting to 2.3 percent of GDP, is down from a 2024 deficit of $30.6 billion, or 2.8 percent of GDP, according to the budget published by the finance ministry.That reflects a drop in expenditures from 1.345 trillion Saudi riyals, or roughly $358 billion, to 1.285 trillion riyals, or roughly $342 billion, the budget said.
Source: Al Monitor
Full Article: Saudi 2025 budget sees lower deficit on spending trims

Israel says 20 projectiles crossed from Lebanon

Israel's military said Tuesday at least 20 projectiles had been identified crossing from Lebanon into northern Israel, as the security cabinet met to discuss a potential ceasefire with Hezbollah."Following the sirens that sounded between 17:26 (1526 GMT) and 17:35 in the Western Galilee area, approximately 10 projectiles were identified crossing from Lebanon," the army said in a statement, adding that some were intercepted.
Source: Al Monitor
Full Article: Israel says 20 projectiles crossed from Lebanon

France says Netanyahu has 'immunity' from ICC warrants

Provisions for immunity from prosecution at the International Criminal Court apply to Israeli Prime Minister Benjamin Netanyahu, the French foreign ministry said Wednesday.It said the Israeli leader was covered by immunity rules that apply to states which are not a party to the ICC. Israel is not an ICC member."A state cannot be held to act in a way that is incompatible with its obligations in terms of international law with regards to immunities granted to states which are not party to the ICC," the French statement said.
Source: Al Monitor
Full Article: France says Netanyahu has 'immunity' from ICC warrants

Egypt's search for Red Sea sinking survivors enters third day

The search operation for seven people still missing from a dive boat that capsized and sank off Egypt's east coast entered a third day on Wednesday, the governor of the Red Sea province said.The country released video footage Wednesday morning of the latest tourists rescued from the vessel aboard which at least four people, including one Slovak tourist, died.The governor's office said the search operation was continuing for seven people still missing after the "Sea Story" was struck by a wave and capsized in the middle of the night on Monday.
Source: Al Monitor
Full Article: Egypt's search for Red Sea sinking survivors enters third day

Argentina’s defense minister visits Israel to strengthen security ties and modernize defense

Petri’s itinerary includes “negotiations for the acquisition of defense technologies, high-level meetings to promote the transfer of knowledge and technology in the security sector."
Source: Jerusalem Post
Full Article: Argentina’s defense minister visits Israel to strengthen security ties and modernize defense