US, Israel Conclude Exercise to Seize Warship in Red Sea

A flotilla of Israeli navy ships on August 10, 2021. (AFP/Getty Images)
A flotilla of Israeli navy ships on August 10, 2021. (AFP/Getty Images)
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US, Israel Conclude Exercise to Seize Warship in Red Sea

A flotilla of Israeli navy ships on August 10, 2021. (AFP/Getty Images)
A flotilla of Israeli navy ships on August 10, 2021. (AFP/Getty Images)

The Israeli Army announced on Friday that its commando unit, Shayetet 13, concluded a four-day joint maritime exercise with US naval forces.

The exercise included an operation to seize an enemy warship deep in the Red Sea.

The Israeli Defense Forces (IDF) Spokesperson's Unit said in a statement that the Israeli and US navies concluded the “Noble Rose” joint exercise, which took place in the Red Sea with the participation of Israeli commandos and the US 5th Fleet and a refueling tanker.

The forces simulated various operational scenarios in the Red Sea, including the seizure of a naval vessel and the use of advanced naval equipment.

“We strengthened the scope of our operations and deepened the professional dialogue between our navies,” the spokesperson said.

The exercise is part of a series of drills and international cooperation activities that have been held recently as part of Israel’s annual training plan for 2022.

Summing up the maneuver, Commander of the Israeli Navy Vice Adm. David Saar Salama stressed that maintaining the superiority of the navy in the maritime domain is a direct contribution to Israel’s security.

"During this exercise we managed to deepen our relations with Israel's most important ally - the United States. Together we develop solutions, share knowledge, create a common language and increase our scope of activity. I am certain that the dialogue will continue to increase, and will bring about significant achievements in the future."

He noted that he was confident that Israel will continue to strengthen its dialogue with the US to realize great achievements in the future.



ECB President Lagarde Reportedly Plans to Quit Before Macron's Term Ends

FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo
FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo
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ECB President Lagarde Reportedly Plans to Quit Before Macron's Term Ends

FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo
FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo

European Central Bank President Christine Lagarde plans to leave her job before next year's French presidential election to allow Emmanuel Macron to have an input into picking her successor, the Financial Times reported on Wednesday.

Lagarde's term is due to end in October 2027 but some fear that the far right may win the French presidential race ‌in the spring of ‌2027, complicating the selection for the ‌new ⁠leader of Europe's most ⁠important financial institution.

Citing a person familiar with the matter, the FT said Lagarde has not yet decided on the exact timing of her departure but was keen on Macron and German Chancellor Friedrich Merz to be the key deciders in who succeeds her. Macron cannot run again for a third term.

"President Lagarde is ⁠totally focused on her mission and has not ‌taken any decision regarding the end ‌of her term," Reuters quoted an ECB spokesperson as saying.

The FT report comes only ‌a week after Bank of France Governor Francois Villeroy de Galhau ‌said he would step down in June this year, more than a year before the end of his term, allowing Macron to name his replacement before the presidential election that the far-right could win.

While it ‌will be up to all leaders from the 21-nation euro zone to pick Lagarde's successor, ⁠past practice ⁠suggests that any successful candidate must have both German and French support to clinch the role.

There are no formal candidates for the job yet but several names have been floating among ECB circles as potential ECB presidents. The most prominent among these are former Dutch central bank chief Klaas Knot and Bank for International Settlements General Manager Pablo Hernandez de Cos.

Lagarde's non-renewable term at the ECB runs until October 31, 2027. Prior to heading the ECB, she was managing director of the International Monetary Fund from 2011 to 2019 and before that, the French finance minister.


PSG’s Mental Strength Hailed as they Come from Behind to Win at Monaco

Soccer Football - UEFA Champions League - Play Off - First Leg - AS Monaco v Paris St Germain - Stade Louis II, Monaco - February 17, 2026 Paris St Germain coach Luis Enrique reacts REUTERS/Manon Cruz
Soccer Football - UEFA Champions League - Play Off - First Leg - AS Monaco v Paris St Germain - Stade Louis II, Monaco - February 17, 2026 Paris St Germain coach Luis Enrique reacts REUTERS/Manon Cruz
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PSG’s Mental Strength Hailed as they Come from Behind to Win at Monaco

Soccer Football - UEFA Champions League - Play Off - First Leg - AS Monaco v Paris St Germain - Stade Louis II, Monaco - February 17, 2026 Paris St Germain coach Luis Enrique reacts REUTERS/Manon Cruz
Soccer Football - UEFA Champions League - Play Off - First Leg - AS Monaco v Paris St Germain - Stade Louis II, Monaco - February 17, 2026 Paris St Germain coach Luis Enrique reacts REUTERS/Manon Cruz

Paris Saint-Germain coach Luis ‌Enrique hailed the mental strength of his side in coming from two goals down to win 3-2 away at Monaco in the Champions League on Tuesday, but warned the knockout round tie was far from finished.

The first leg clash between the two Ligue 1 clubs saw Folarin Balogun score twice for the hosts in the opening 18 minutes before Vitinha had his penalty saved to compound matters.

But after Desire Doue came on for injured Ousmane Dembele, the ‌match turned ‌and defending champions PSG went on to ‌secure ⁠a one-goal advantage ⁠for the return leg.

"Normally, when a team starts a match like that, the most likely outcome is a loss,” Reuters quoted Luis Enrique as saying.

“It was catastrophic. It's impossible to start a match like that. The first two times they overcame our pressure and entered our half, they scored. They ⁠made some very good plays.

“After that, it's difficult ‌to have confidence, but we ‌showed our mental strength. Plus, we missed a penalty, so ‌it was a chance to regain confidence. In the ‌last six times we've played here, this is only the second time we've won, which shows how difficult it is.”

The 20-year-old Doue scored twice and provided a third for Achraf Hakimi, just ‌days after he had turned in a poor performance against Stade Rennais last Friday ⁠and was ⁠dropped for the Monaco clash.

“I'm happy for him because this past week, everyone criticized and tore Doue apart, but he was sensational, he showed his character. He helped the team at the best possible time.”

Dembele’s injury would be assessed, the coach added. “He took a knock in the first 15 minutes, then he couldn't run.”

The return leg at the Parc des Princes will be next Wednesday. “Considering how the match started, I'm happy with the result. But the match in Paris will be difficult, it will be a different story,” Luis Enrique warned.


UK Inflation Falls to 3.0% in January

Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)
Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)
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UK Inflation Falls to 3.0% in January

Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)
Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)

Britain's annual ‌rate of consumer price inflation fell to 3.0% in January from 3.4% in December, official figures showed on Wednesday.

A Reuters poll of economists had shown a median forecast of 3.0% in January and the Bank of England projected earlier this month that the headline measure of inflation would slow to ‌2.9%.

British inflation ‌has run higher than in ‌the ⁠United States and in ⁠the euro zone where it stood at 2.4% and 1.7% respectively in January.

But the BoE expects the pace of price rises to slow sharply to almost its 2% target in ⁠April as last year's rises ‌in utility costs and ‌other government-controlled tariffs fall out of ‌the annual comparison.

Investors expect the central bank ‌to cut its benchmark interest rate to 3.5% at its next meeting in March after a tight vote to keep borrowing costs ‌on hold in February although some policymakers remain worried about underlying ⁠inflation ⁠pressure.

Financial markets on Tuesday also priced a second quarter-point interest rate cut by the BoE by the end of in 2026.

ONS data last week painted a downbeat picture of Britain's economy at the end of 2025 with output barely growing. Figures released on Tuesday showed the labor market was still losing jobs although there were some signs of a stabilization.