Israel Earmarks $1.5 Billion for Iran Military Option

Israeli Chief of Staff Aviv Kohavi reviews an honor guard during a handover ceremony where he replaces Lieutenant-General Gadi Eizenkot, at the Defense Ministry in Tel Aviv, Israel January 15, 2019. REUTERS/Amir Cohen/File Photo
Israeli Chief of Staff Aviv Kohavi reviews an honor guard during a handover ceremony where he replaces Lieutenant-General Gadi Eizenkot, at the Defense Ministry in Tel Aviv, Israel January 15, 2019. REUTERS/Amir Cohen/File Photo
TT

Israel Earmarks $1.5 Billion for Iran Military Option

Israeli Chief of Staff Aviv Kohavi reviews an honor guard during a handover ceremony where he replaces Lieutenant-General Gadi Eizenkot, at the Defense Ministry in Tel Aviv, Israel January 15, 2019. REUTERS/Amir Cohen/File Photo
Israeli Chief of Staff Aviv Kohavi reviews an honor guard during a handover ceremony where he replaces Lieutenant-General Gadi Eizenkot, at the Defense Ministry in Tel Aviv, Israel January 15, 2019. REUTERS/Amir Cohen/File Photo

Israeli Prime Minister Naftali Bennett’s government has approved a plan proposed by his predecessor to prepare for a military option against Iran if it does not return in good faith to negotiations to salvage the 2015 nuclear deal.

The government earmarked an additional 5 billion shekels (USD1.5 billion) for building military capabilities to attack Iran’s nuclear facilities.

A report by the military correspondent of Israeli Channel 12, Nir Dvory, stated that the government has approved budgets dedicated to building capabilities to carry out a possible attack on Iran.

He stressed that the Israeli military establishment was confident that the budget was sufficient to build a force capable of confronting the Iranian nuclear program.

According to the report, the budget will be allocated to the purchase of special weapons, gathering intelligence, providing additional equipment and aircraft to the Israeli Air Force, and building an extensive intelligence database that would rely on satellites.

Former Prime Minister Benjamin Netanyahu’s government had started drawing up funding for the plan, but failed to adopt the general budget for two consecutive years.

In early July, the Chief of Staff of the Israeli army, Aviv Kochavi, paid an official visit to Washington, where he announced that his army had drawn up at least three military plans in order to thwart Tehran’s nuclear program.

Alex Fishman, a military analyst in Yedioth Ahronoth newspaper, explained that each of the military plans Kohavi talked about is independent of the other and different in terms of targeting Iran’s nuclear military capabilities.

He added that Israel intended to continue preparing for military options, regardless of the outcome of negotiations between Iran and the United States.



US Imposes Sanctions on Vessels Linked to Iran, Treasury Website Says

A crew member raises the Iranian flag on Iranian oil tanker Adrian Darya 1, previously named Grace 1, as it sits anchored after the Supreme Court of the British territory lifted its detention order, in the Strait of Gibraltar, Spain, August 18, 2019. REUTERS/Jon Nazca
A crew member raises the Iranian flag on Iranian oil tanker Adrian Darya 1, previously named Grace 1, as it sits anchored after the Supreme Court of the British territory lifted its detention order, in the Strait of Gibraltar, Spain, August 18, 2019. REUTERS/Jon Nazca
TT

US Imposes Sanctions on Vessels Linked to Iran, Treasury Website Says

A crew member raises the Iranian flag on Iranian oil tanker Adrian Darya 1, previously named Grace 1, as it sits anchored after the Supreme Court of the British territory lifted its detention order, in the Strait of Gibraltar, Spain, August 18, 2019. REUTERS/Jon Nazca
A crew member raises the Iranian flag on Iranian oil tanker Adrian Darya 1, previously named Grace 1, as it sits anchored after the Supreme Court of the British territory lifted its detention order, in the Strait of Gibraltar, Spain, August 18, 2019. REUTERS/Jon Nazca

The United States imposed sanctions on Thursday on 29 vessels and their management firms, the Treasury Department said, as Washington continues targeting Tehran's "shadow fleet" it says exports Iranian petroleum and petroleum products, Reuters reported.

The targeted vessels and companies have transported hundreds of millions of dollars of the products through deceptive shipping practices, Treasury said.

Thursday's action also targets businessman Hatem Elsaid Farid Ibrahim Sakr, whose companies are associated with seven of the vessels cited, as well as multiple shipping companies.


Zelenskiy Says Ukraine Faces Foreign Aid Shortfall of up to 50 billion Euros Next Year

Ukrainian President Volodymyr Zelensky. File Photo/The AP
Ukrainian President Volodymyr Zelensky. File Photo/The AP
TT

Zelenskiy Says Ukraine Faces Foreign Aid Shortfall of up to 50 billion Euros Next Year

Ukrainian President Volodymyr Zelensky. File Photo/The AP
Ukrainian President Volodymyr Zelensky. File Photo/The AP

Ukraine is facing a foreign aid shortfall of 45-50 billion euros ($53-59 billion) in 2026, President Volodymyr Zelenskiy said on Thursday, Reuters reported.

He added that if Kyiv did not receive a first tranche of a loan secured by Russian assets by next spring, it would have to significantly cut drone production.

Speaking in Brussels as EU leaders were set to take a decision on Moscow's seized sovereign wealth, Zelenskiy said this would mean that Ukraine would have far fewer drones than Russia, and would not be able to conduct long-range strikes on Russian energy facilities.


China Says Arms Trade With Cambodia, Thailand Unrelated to Border Conflict

Flags flutter at an entrance of Thai-Chinese Rayong Industrial Zone in Rayong province, east of Bangkok, Thailand, April 7, 2016. REUTERS/Chaiwat Subprasom
Flags flutter at an entrance of Thai-Chinese Rayong Industrial Zone in Rayong province, east of Bangkok, Thailand, April 7, 2016. REUTERS/Chaiwat Subprasom
TT

China Says Arms Trade With Cambodia, Thailand Unrelated to Border Conflict

Flags flutter at an entrance of Thai-Chinese Rayong Industrial Zone in Rayong province, east of Bangkok, Thailand, April 7, 2016. REUTERS/Chaiwat Subprasom
Flags flutter at an entrance of Thai-Chinese Rayong Industrial Zone in Rayong province, east of Bangkok, Thailand, April 7, 2016. REUTERS/Chaiwat Subprasom

China said on Thursday its arms trade with Thailand and Cambodia is unrelated to the current conflict between the Southeast Asian neighbours, with which Beijing has close ties.

"We hope relevant parties will refrain from making subjective speculation and malicious hype," the Chinese Defense Ministry said in response to reports that Thai troops seized Chinese-made weapons from Cambodian positions as border clashes between the two nations reignited, Reuters reported.

Beijing hopes the two countries can reach a ceasefire as soon as possible, the ministry said, adding that China will continue to advocate for peace and talks.

Border clashes between Thailand and Cambodia resumed this month and have killed more than 40 people and displaced over half a million in both countries.

China's Foreign Minister Wang Yi, in separate calls with his Thai and Cambodian counterparts on Thursday, also called for an immediate ceasefire and criticised "false information" that he said was aimed at smearing China's ties with the two countries.

"As a friend and close neighbour of both Cambodia and Thailand, China least wants to see the two sides engage in armed conflict, and is deeply saddened by civilian casualties caused by the clashes," the Foreign Ministry quoted Wang as saying.

China will continue to play a constructive role in facilitating peace, Wang said, urging both countries to protect the safety of Chinese projects and personnel.

Beijing last week warned Chinese citizens to leave border areas after media reports of injuries.

The Chinese Foreign Ministry said on Wednesday a special envoy for Asian affairs would be visiting Cambodia and Thailand on Thursday to conduct mediation.