Israel Approves Supplemental Defense Budget to Confront Iran’s Threat

Incoming head of the Israeli Air Force Maj. Gen. Tomer Bar. (Israeli Defense Forces)
Incoming head of the Israeli Air Force Maj. Gen. Tomer Bar. (Israeli Defense Forces)
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Israel Approves Supplemental Defense Budget to Confront Iran’s Threat

Incoming head of the Israeli Air Force Maj. Gen. Tomer Bar. (Israeli Defense Forces)
Incoming head of the Israeli Air Force Maj. Gen. Tomer Bar. (Israeli Defense Forces)

The Israeli Knesset Finance Committee approved Thursday a supplemental defense budget totaling nearly 7.4 billion shekels ($2.4 billion).

The items included in the new funding are classified, but the move comes amid reports that Israel was preparing contingency plans to act militarily against Iran as a last resort if diplomatic efforts fail to curtail its nuclear program.

Parliamentary sources said it comes in light of preparations to launch a new round of military exercises that simulate an attack on Iran’s nuclear facilities.

The supplemental budget was approved following an eight-hour meeting in the Knesset as part of the ongoing process to allocate funds for 2021.

Prime Minister Naftali Bennett and Defense Minister Benny Gantz did not include this budget in the 58 billion shekel ($17.8 billion) defense budget approved earlier for 2022, the sources revealed.

They added that the army asked for additional 9 billion shekels, yet the finance ministry reduced the amount to only 7.4 billion shekels.

The army said two billion shekels of this amount will be allocated to compensate for the weapons and ammunition used in the war on the Gaza Strip in May and one billion shekels will be allocated to raise the allowances for the disabled in the army.

The rest of the amount will be added to the previously approved defense budget to prepare for a possible attack against Iran, intensify attacks in Syria and for army reinforcements.

Israel has the ability to carry out a successful strike on Iran’s nuclear sites as early as tomorrow, the country’s incoming Air Force commander said in an interview published on the Ynet news website on Friday.

Maj. Gen. Tomer Bar will take over as head of the Israeli Air Force from Maj. Gen. Amikam Norkin in April 2022.

Hezbollah leader Hassan Nasrallah will “be all” for a no-holds-barred war with Israel, Bar stressed.

“He has been waiting for 30 years for that order [from Tehran], and there is no chance he will be absent from such a conflict, with all the force at his disposal. Israel must be prepared.”

“The third war on Lebanon cannot be compared to the first war, in 1982, or the second war, in 2006,” he threatened.

Although Iran has doubled the party’s strength several times over the past years, significantly increased its offensive and defensive capabilities and developed its electronic and cyber warfare technologies, it cannot predict the extent of the strength of the Israeli army, Bar warned.

They must be aware that Israel wants a clear and real victory in the shortest time and with minimal losses, he added.



Taiwan Says Chinese Ships Entered Waters of Disputed South China Sea Island

A Taiwan Coast Guard boat patrols, as seen from a boat with Chinese tourists, to observe Taiwan's Kinmen Islands, off Xiamen, in China's southeastern Fujian province on May 25, 2026. (Photo by Hector RETAMAL / AFP)
A Taiwan Coast Guard boat patrols, as seen from a boat with Chinese tourists, to observe Taiwan's Kinmen Islands, off Xiamen, in China's southeastern Fujian province on May 25, 2026. (Photo by Hector RETAMAL / AFP)
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Taiwan Says Chinese Ships Entered Waters of Disputed South China Sea Island

A Taiwan Coast Guard boat patrols, as seen from a boat with Chinese tourists, to observe Taiwan's Kinmen Islands, off Xiamen, in China's southeastern Fujian province on May 25, 2026. (Photo by Hector RETAMAL / AFP)
A Taiwan Coast Guard boat patrols, as seen from a boat with Chinese tourists, to observe Taiwan's Kinmen Islands, off Xiamen, in China's southeastern Fujian province on May 25, 2026. (Photo by Hector RETAMAL / AFP)

Taiwan said Chinese ships entered the "prohibited" waters off a disputed island in the South China Sea for the first time on Thursday, condemning escalating "harassment" by Beijing.

The two Chinese vessels "openly intruded" into the waters around the Taiwan-controlled Taiping Island and stayed for 15 minutes before the Taiwanese coast guard expelled them, the force said in a statement.

The island, also known as Itu Aba, is the largest in the Spratly archipelago claimed by Taiwan, China, the Philippines and Vietnam, said AFP.

The Taiwanese coast guard expressed its "strongest condemnation of this incident", saying it "once again maliciously escalates grey-zone harassment in an attempt to create a false impression of jurisdiction".

China claims Taiwan is part of its territory and in recent years has ramped up military pressure on the island democracy.

Beijing also claims most of the South China Sea.

Taiping's "prohibited" waters extend four kilometers (2.5 miles) from shore, Taiwan's coast guard said.

"China is systematically harassing Taiwan," the Ocean Affairs Council, which is responsible for the coast guard, said on X.

The latest in a series of Chinese activities in waters around Taiwan and islands under its control follows an operation to Taiwan's east, which Beijing said was in response to talks between Japan and the Philippines to draw a maritime boundary there.

The Ocean Affairs Council said Thursday's incident "also proves that what China did in the waters east of Taiwan should be dealt with as a challenge to international order; Japan-Philippines talks were just an excuse."

China called the Japan-Philippines talks "illegal" and has claimed exclusive control over the affected waters.

Taiwan has branded the Chinese operation in recent days as "provocative" and "expansionism in disguise".

Taipei has also accused the Chinese ships of "harassment" after they requested information from three passing commercial cargo ships, including their port of destination.

Meanwhile, Taiwan's coast guard said Saturday that a Chinese survey vessel had joined a coast guard ship in waters around Pratas Island in the northern part of the South China Sea.

It was "the first observed instance of Chinese coast guard and survey vessels acting in coordination to provoke Taiwan", the coast guard said.

Taiwan controls Pratas but Beijing also claims the island, along with most of the strategic waterway.


Iran Says US Strikes Render Ceasefire 'Meaningless,' Talks on Funds Mechanism Still on Track

A banner with a picture of Iran's Supreme Leader, Mojtaba Khamenei and the late senior Iranian military commander, General Qassem Soleimani, on a building in Tehran, Iran, June 11, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
A banner with a picture of Iran's Supreme Leader, Mojtaba Khamenei and the late senior Iranian military commander, General Qassem Soleimani, on a building in Tehran, Iran, June 11, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
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Iran Says US Strikes Render Ceasefire 'Meaningless,' Talks on Funds Mechanism Still on Track

A banner with a picture of Iran's Supreme Leader, Mojtaba Khamenei and the late senior Iranian military commander, General Qassem Soleimani, on a building in Tehran, Iran, June 11, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
A banner with a picture of Iran's Supreme Leader, Mojtaba Khamenei and the late senior Iranian military commander, General Qassem Soleimani, on a building in Tehran, Iran, June 11, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

Iran's foreign ministry condemned on Thursday the latest US strikes on the country, saying the attacks rendered the nearly two-month ceasefire "practically meaningless.”

In a statement, the ministry said "the illegal and criminal attacks perpetrated by the United States in recent hours not only constitute a flagrant violation... but also render the ceasefire practically meaningless.”

It added that the "responsibility for the extremely serious consequences of this criminal act lies with the leaders of the United States.”

Despite the foreign ministry statement, three Iranian sources told ⁠Reuters that efforts to reach a preliminary deal between Iran and the ⁠US have intensified, as they discuss a ⁠mechanism ⁠over releasing frozen Iranian funds.

The sources said Iran and the US were still exchanging ⁠messages over details ⁠of a memorandum of understanding.

The Iranian sources said a political understanding had been reached, but some issues remained to ⁠be discussed in detail, including a mechanism for the release of tens of billions of dollars of Iranian oil revenues frozen in foreign banks.

"Iran wants $6 billion to $12 billion of its frozen funds to be released to Tehran, while Washington wants to release funds in stages for ⁠humanitarian ⁠goods and rejects returning funds to Iran outright," said one of the Iranian sources.

CNN also reported, citing a ⁠diplomatic source, that talks to reach a deal are still on track after overnight negotiations.

The US and Iran traded air attacks for a second straight day on Thursday, with President Donald Trump vowing ⁠further strikes ⁠if Tehran does not immediately agree to a peace deal.

Qatari negotiators have departed Tehran following discussions on the war, a diplomat told AFP on Thursday.

"The Qatari delegation departed from Tehran this morning following talks with Iranian officials... that lasted into the early hours of this morning," the diplomat said on condition of anonymity, adding the discussions were "conducted in coordination with the United States.”

The US strikes overnight Thursday on Iran wounded at least three people at sites in Tehran province, Iranian media reported.

"Three people were injured in incidents related to the brutal US attacks in Tehran province," said head of the province's emergency services Mohammad Esmail Tavakoli, according to the Fars news agency.

The strikes were largely focused on southern Iran but the country's Revolutionary Guards said other sites near the capital were hit including in Karaj, Nazarabad and Pishva.


Iran and Ukraine Loom over G7 as France Accommodates Trump

FILE PHOTO: A drone views shows the Evian Resort hotel overlooking Lake Geneva (Leman) where the 2026 G7 summit will take place in Evian-les-Bains, France, September 12, 2025. REUTERS/Denis Balibouse/File Photo
FILE PHOTO: A drone views shows the Evian Resort hotel overlooking Lake Geneva (Leman) where the 2026 G7 summit will take place in Evian-les-Bains, France, September 12, 2025. REUTERS/Denis Balibouse/File Photo
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Iran and Ukraine Loom over G7 as France Accommodates Trump

FILE PHOTO: A drone views shows the Evian Resort hotel overlooking Lake Geneva (Leman) where the 2026 G7 summit will take place in Evian-les-Bains, France, September 12, 2025. REUTERS/Denis Balibouse/File Photo
FILE PHOTO: A drone views shows the Evian Resort hotel overlooking Lake Geneva (Leman) where the 2026 G7 summit will take place in Evian-les-Bains, France, September 12, 2025. REUTERS/Denis Balibouse/File Photo

Wars in the Middle East and Ukraine are set to dominate next week’s Group of Seven summit, as host France crafts an agenda aimed at projecting unity and avoiding confrontation with US President Donald Trump.

The June 15–17 gathering in Evian-les-Bains, on the shore of Lake Geneva, brings together the leaders of France, Britain, Canada, Germany, Italy, Japan and the United States, alongside the European Union, Reuters said.

With Trump struggling to end a war that has disrupted the global economy, and frustrated with European allies he deems to have failed him in the Gulf and grown over-reliant on the US for their security needs, diplomats say crisis management will be the focus.

No breakthrough decisions are thus expected on key issues, which also include tackling global economic imbalances and sourcing critical minerals outside China.

The grouping, founded half a century ago, has traditionally addressed economic and geopolitical challenges with broad consensus. But that cohesion has frayed since Trump returned to the White House in 2025.

Having already shifted the dates to accommodate Trump's birthday plans for cage fighting on the White House lawn, French officials, like other recent summit hosts, have set ‌the bar low, suggesting it ‌will be a success if Trump just stays for the whole event, having left the 2025 ‌version ⁠early.

"Macron has gone ⁠out of his way to have an agenda that is designed to appeal to the sort of things President Trump wants," said Josh Lipsky, chair of international economics at the Atlantic Council.

TRUMP'S MOOD MAY DEPEND ON IRAN

The tempo may be dictated by events in the Middle East. A fragile ceasefire between the US and Iran is under strain, and securing even an interim accord that delays tackling harder issues such as Iran's nuclear program is proving arduous.

Trump wants Iran to reopen the Strait of Hormuz, a choke point for global oil and gas shipments. Tehran is demanding that the US end its blockade on Iranian ports and release frozen Iranian assets, and that Israel cease its attack on the Iranian-backed Hezbollah militia in Lebanon.

Diplomats say Trump’s mood may hinge on ⁠whether he can get an accord done before the summit. In recent months, he has lashed out at ‌some of the US's closest allies in NATO for their unwillingness to support his Gulf ‌campaign.

One senior diplomat from a G7 member said an accord might allow the group to put months of tension with the US behind them.

France has invited ‌Saudi Arabia, the United Arab Emirates and Qatar, all directly harmed by the war, to the summit along with Egypt, a key player ‌in mediation efforts.

EUROPEANS SEEK US RESET ON UKRAINE

Also invited is Ukrainian President Volodymyr Zelenskiy.

Negotiations to end Russia’s war in Ukraine have stalled and Zelenskiy wants a fresh push and is pressing for Europe to play a bigger role.

Zelenskiy frets that the conflict in Iran has diverted US attention. Meanwhile, dynamics on the battlefield have shifted, with Ukrainian drones striking deeper into Russian territory to cut battlefield supply lines and hobble energy infrastructure.

European diplomats see the summit as an opportunity to convince Trump ‌that US proposals for a deal have been too favorable to Moscow. European nations also want to signal that they are willing to engage Moscow while tightening sanctions and boosting military support for Ukraine, ⁠emphasizing that they believe Russia, not ⁠Kyiv, is blocking progress.

"What we are increasingly seeing is Europeans beginning to think about a life with less America,” said Victor Cha, head of geopolitics and foreign policy at Washington's Center for Strategic and International Studies.

GLOBAL IMBALANCES PUT SPOTLIGHT ON CHINA

French officials have dropped plans for a sweeping final communique, opting instead for narrower joint statements on areas such as critical minerals, migration and drug trafficking.

Asuka Tatebayashi, senior analyst at Mizuho Bank in Tokyo, said the Japanese government and its major companies had for more than a decade built up stockpiles of critical minerals and shown they could weather supply shocks.

“It's one of the few fields that the US actually comes to Japan for advice on,” Tatebayashi said.

She urged the G7 to agree to a substantive initiative on critical minerals such as minimum pricing, sharing of stockpiles or joint development projects, but said the differences among them were still wide.

Paris has used its presidency to push for action on global macroeconomic imbalances, a longstanding US concern, before Washington takes the chair of the G20 this year and the G7 next.

France has framed the issue as a shared responsibility in that China overproduces, the United States overconsumes and Europe underinvests.

Brazil, India, Kenya and South Korea have been invited to the G7 to join the discussion, while Macron has urged China to boost its own consumption.

"None of that solves the problem, but the first step is recognizing that you have one,” Lipsky said. “This has been discussed for years, but not collectively within the G7."