Thursday, July 03, 2025 ਪੰਜਾਬੀ हिंदी

World

South Korea's exports of food, agro products hit all-time high

South Korea's exports of agricultural and food products climbed to a record high in the first half on the growing popularity of Korean culture, the agriculture ministry said on Thursday.

The combined outbound shipments of agricultural and food items amounted to $6.67 billion in the January-June period, up 7.1 percent from $6.22 billion tallied a year earlier, according to the Ministry of Agriculture, Food and Rural Affairs, reports news agency.

It marked the highest first-half figure on record, the ministry added.

By item, exports of instant noodles, or ramyeon in Korean, surged 24 percent on-year to $731.7 million over the cited period and shipments of sauce products climbed 18.4 percent to $228.4 million, while ice cream exports rose 23.1 percent to $65.5 million.

Intense talks continue to reach interim India-US trade deal ahead of deadline

As the US reciprocal tariffs deadline looms, hectic parleys are currently underway in Washington, DC, between officials of India and the US on finalising the proposed interim trade deal in the next couple of days.

While New Delhi is seeking greater market access for its labour-intensive goods such as garments, footwear, and leather — which are major job creators — Washington wants duty concessions for its agricultural and daily products, according to officials.

The Indian trade negotiators have extended their stay in US, signalling a last-minute push to iron out key differences. They have maintained that broader tariff cuts, especially on high-employment goods, are needed to reach the goal of doubling bilateral trade to $500 billion by 2030.

South Korea making utmost efforts on tariff talks with US ahead of deadline

President Lee Jae Myung said on Thursday the government has made utmost efforts on tariff negotiations with the United States, but he can't say whether the talks could be concluded by July 8, a deadline set by US President Donald Trump.

Lee made the remark during the press conference marking his first month in office, as Seoul and Washington continue talks to reduce the 25 percent reciprocal tariffs imposed by the Trump administration, reports news agency.

South Korea is "doing our best" for tariff talks with the U.S., but Lee said, "At this point, it is difficult to say with certainty whether they can be concluded by July 8."

South Korea's foreign reserves rise for 1st time in 3 months in June

South Korea's foreign reserves rebounded in June from the lowest level in five years, central bank data showed on Thursday.

The country's foreign reserves stood at US$410.2 billion as of end-June, up $5.61 billion from a month earlier, according to the data from the Bank of Korea (BOK). It marked the largest amount since January when the foreign reserves amounted to $411.01 billion.

The figure had declined for two consecutive months since April, reaching the lowest level since April 2020, when foreign reserves stood at $403.98 billion, reports news agency.

Last month's increase was attributed to a rise in the U.S. dollar-converted value of foreign currency assets denominated in other currencies due to a weaker dollar, as well as higher investment returns, the BOK said.

Iranian President issues order to suspend cooperation with IAEA

Iranian President Masoud Pezeshkian on Wednesday issued an order to enact a law to suspend the country's cooperation with the International Atomic Energy Agency (IAEA).

The law calls for a suspension of cooperation with the IAEA until Iran's sovereignty, territorial integrity, and the safety of its nuclear facilities and scientists are fully guaranteed, said Constitutional Council Spokesman Hadi Tahan Nazif.

Pezeshkian issued the order on Tuesday in a letter to the Atomic Energy Organisation of Iran, the Iranian Foreign Ministry and the Supreme National Security Council, said the report.

The law, passed by the Iranian parliament last Wednesday and approved by the Constitutional Council the following day, was enacted due to "the violation of Iran's national sovereignty by the United States and Israel, and their attacks on the country's territorial integrity as well as peaceful nuclear facilities," said Tahan Nazif.

US halts military aid to Ukraine amid concerns about low stockpiles

The Trump administration has halted part of military aid to Ukraine following a review of US own stockpiles, the White House and Pentagon confirmed.

"This decision was made to put America's interests first following a review of our nation's military support and assistance to other countries across the globe," White House spokesperson Anna Kelly said in a statement.

The move came amid concerns about US military stockpiles falling too low, multiple US media outlets reported, citing informative sources.

Last month US Defence Secretary Pete Hegseth issued a memo ordering a review of the US stockpile of munitions, in the aftermath of three years of aid to Ukraine, recent strikes on Yemen's Houthi group and Iran, news agency reported.

South Korean ex-President Yoon to appear for special counsel questioning Saturday: Lawyers

South Korean former President Yoon Suk Yeol will appear for a special counsel team's second round of questioning over his martial law bid this weekend, his lawyers said Wednesday.

Yoon has accepted special counsel Cho Eun-suk's summons to appear at his office at 9 a.m. Saturday after withdrawing an earlier request to change the time to 10 a.m., the lawyers said.

"It appears unlikely he will arrive at 9 a.m. sharp, but even if he is 10 to 20 minutes late, he will appear and testify," the lawyers said in a statement. "Generally speaking, his plan is not to avoid an appearance but to proactively go and testify."

Yoon defied an earlier summons to appear for questioning Tuesday, citing his health and preparations for a separate trial on insurrection charges related to his attempt to impose martial law in December, news agency reported.

Two Chinese nationals charged in US with spying on naval bases, plotting to recruit spies

Two Chinese nationals have been charged in the US with engaging in espionage activities on behalf of China, including photographing a naval base, coordinating a clandestine cash drop, and attempting to recruit members of the US military, the Department of Justice (DOJ) said on Wednesday (Indian time).

The federal case, filed in San Francisco and unsealed on Monday (US time), is the latest in a series of prosecutions aimed at curbing what American officials describe as the Chinese government's relentless efforts to gather intelligence on US military operations.

The allegations echo a broader trend, which gained international attention two years ago when a Chinese surveillance balloon was shot down over the coast of South Carolina.

"This case underscores the Chinese government's sustained and aggressive effort to infiltrate our military and undermine our national security from within," said Attorney General Pam Bondi in a statement.

Trump, Rubio discuss implementing multifaceted cooperation under US-India COMPACT

The US-India COMPACT, a multifaceted programme for cooperation between the two countries, was the centrepiece of the meeting between External Affairs Minister (EAM) S. Jaishankar and Secretary of State Marco Rubio, according to State Department Spokesperson Tammy Bruce.

"The Secretary affirmed the strength of the US-India relationship, highlighting implementation of the US-India COMPACT, which will enhance our two nations' collaboration on trade, defence, energy, countering illegal immigration, counternarcotics, and more," she said.

Jaishankar posted on X that they "discussed our bilateral partnership, including trade, security, critical technologies, connectivity, energy, and mobility" and "shared perspectives on regional and global developments."

Trump administration escalates legal battles with Los Angeles

 The US Justice Department has sued the City of Los Angeles, Mayor Karen Bass, and the City Council, asking a federal judge to strike down the city's "sanctuary" ordinance on the grounds it obstructs federal immigration enforcement.

Filed in the US District Court for the Central District of California, the lawsuit on Monday argued that Los Angeles violated the Constitution's Supremacy Clause and two federal information-sharing statutes by forbidding local police and other agencies from cooperating with US Immigration and Customs Enforcement (ICE) unless a suspect faces serious felony charges.

The Justice Department sought a court order blocking the ordinance, which took effect on December 9, 2024, after a unanimous council vote.

Elections in Bangladesh will be held early next year: Yunus tells Rubio

Bangladeshi interim government's Chief Advisor Muhammad Yunus has sought US support for the country's democratic transition and reaffirmed that elections would be held "in the early part of next year" during his conversation with US Secretary of State Marco Rubio.

During a telephone conversation on Monday, Rubio and Yunus discussed the ongoing reform process, transition to democracy, the upcoming general election, and aid for Rohingya refugees in Bangladesh.

Yunus assured Rubio that the ongoing dialogue between his government and political parties would result in much-needed reforms of the country's political system.

"The 15-minute discussion was warm, cordial, and constructive, reflecting the strong bilateral engagement between the two nations. Secretary Rubio expressed support for Bangladesh's reform agenda and its move to hold elections early next year," the Bangladesh Chief Advisor posted on X.

Indonesia evacuates 97 citizens from Iran, 26 from Tel Aviv, Jerusalem, Arabah

The Indonesian government has evacuated its 97 citizens from Iran and 26 from Tel Aviv, Jerusalem, and the Arabah area, following tensions in those regions, Foreign Minister Sugiono said on Monday.

"The government has established a crisis response team and will continue the evacuation process while monitoring the condition of Indonesians amid the ongoing conflict," Sugiono said during a hearing with members of the House of Representatives on Monday.

The evacuation was carried out via Azerbaijan and involved the Indonesian embassies in Tehran and Amman.

According to him, there were 386 Indonesian citizens in Iran. In addition to those who have been evacuated, some chose to stay in the country.

South Korea says North Korea notified UN Command of fortification plans inside demilitarised zone

North Korea has informed the US-led United Nations Command (UNC) of its plans to build fortifications inside the border between the two Koreas, Seoul's Defence Ministry said on Monday, marking the first notification of its kind in more than six months.

The North notified the multinational command tasked with monitoring inter-Korean border activities on Wednesday that it would resume construction of barriers and barbed wire fences on its side of the Demilitarised Zone (DMZ), according to a local newspaper.

When asked about the report, a ministry official confirmed the notification did take place, while a UNC official declined to comment about its communication with the North Korean military, reported news agency.

Ukraine aligns with EU sanctions against Iran, says Zelensky

Ukrainian President Volodymyr Zelensky on Monday announced that Ukraine is aligning with the European Union's sanctions package targeting the Iranian administration, describing them as "the most brutal regimes in the world."

"Our institutions are working on the synchronisation of European and Ukrainian sanctions. We are also fully aligning the European sanctions package targeting the regime in Iran, which includes numerous individuals, companies, and entities not only involved in military production and external terror schemes against neighbouring countries in the region but also in internal repression within Iran itself," he said in a video statement posted on X on Monday.

South Korean auto parts delegation visits US to explore investment opportunities

The Korea Trade-Investment Promotion Agency (KOTRA) said on Monday it has dispatched an auto parts delegation to the US state of Georgia to help domestic manufacturers explore investment opportunities amid rising protectionist trade measures from Washington.

Jointly organised by the Gyeonggi Province government, the auto parts investment delegation visited the cities of Atlanta and Savannah for three days from Wednesday, with 10 South Korean auto parts firms participating.

The programme included investment seminars, consultations with Georgia state officials and on-site visits to existing South Korean manufacturing operations, including Hyundai Motor Group Metaplant America, which was completed in March, reports news agency.

Georgia has emerged as a major hub for Korean automakers, including Hyundai Motor Co. and Kia Corp., whose large-scale investments in the region have encouraged related auto parts suppliers to follow suit.

Mild earthquake of 3.9-magnitude hits Nepal

A mild earthquake of magnitude 3.9 struck Nepal on Monday morning, according to the National Center for Seismology (NCS).

The tremor was reported at 8:24 a.m. IST with a depth of 14 kilometres, and its epicentre was located at latitude 29.24 degrees North and longitude 81.77 degrees East.

"EQ of M: 3.9, On: 30/06/2025 08:24:21 IST, Lat: 29.24 N, Long: 81.77 E, Depth: 14 Km, Location: Nepal," National Center for Seismology posted on X.

There have been no immediate reports of damage or casualties from the earthquake. However, mild tremors were felt in parts of western Nepal, causing temporary panic among residents.

This is the second seismic event to hit Nepal in the last two days. On Sunday, the NCS reported a 4.2 magnitude earthquake that also struck Nepal. That quake occurred at a shallower depth of just 10 kilometres, which experts say increases the likelihood of aftershocks.

South Korea: Ex-President Yoon questioned by special counsel over martial law bid

Former South Korean President Yoon Suk Yeol appeared for questioning by a special counsel team on Saturday over insurrection charges related to his December 3 martial law declaration.

Yoon arrived at the Seoul High Prosecutors' Office in southern Seoul at 9:56 a.m., two weeks after the special counsel probe was launched and just 85 days after his impeachment.

This marks the ousted President's first appearance before an investigative body in about 5 months, following his arrest and questioning by the Corruption Investigation Office for High-ranking Officials (CIO) in January.

In addition to his insurrection charges in connection with the failed martial law bid, Yoon is accused of ordering the Presidential Security Service (PSS) to physically block his arrest when the CIO attempted to execute a warrant in January, and directing the PSS to delete records from secure phones used by military commanders shortly after his failed attempt to impose martial law.

Russia says Ukraine's accession to EU does not meet Moscow's interest

Ukraine's accession to the European Union (EU) does not align with Russia's interests, said Vladislav Maslennikov, Director of the European Problems Department at the Russian Foreign Ministry, on Saturday, as the EU is moving towards active militarisation and adopting countermeasures against Moscow.

"I see no reason why we should support the idea of Ukraine joining the European Union, particularly because the EU is moving towards active militarisation, virtually setting the task of constantly opposing us, including in terms of resolving the Ukrainian crisis," Russian newspaper Izvestia quoted the Russian official as saying.

"One should not forget here that the European Union has an article in the Treaty of Lisbon, which is no less significant than Article 5 of the Washington Treaty on collective defence in NATO. This is why Ukraine's accession to the EU does not meet our interests," the official added.

US to send out tariff rate letters to countries starting next week

US President Donald Trump has said his administration will send letters to countries "over the next week and a half or so" to tell them about their tariff rates, while noting that his pause on "reciprocal" tariffs could be extended or shortened.

Trump made the remarks as South Korea and other countries have been seeking to strike a trade deal with the United States to avoid or minimise the impact of the reciprocal tariffs, with his pause on the new tariffs scheduled to end on July 8, reports news agency.

"So at a certain point over the next week and a half or so, or maybe before, we're going to send out a letter. We talked to many of the countries," Trump told a press briefing. "So we're just going to tell them what they have to pay to do business in the United States.

Asked whether the pause on the tariffs can be extended, the president said, "We can do whatever we want."

US Supreme Court limits injunctions against Trump's birthright citizenship order

The US Supreme Court ruled that district judges lack the authority to grant nationwide injunctions against the Trump administration's executive order to effectively end birthright citizenship.

In a 6-3 vote along ideological line, Supreme Court justices granted a request by the Trump administration to narrow the scope of nationwide injunctions imposed by district judges, news agency reported.

"Federal courts do not exercise general oversight of the Executive Branch," Justice Amy Coney Barrett wrote for the majority, noting that "When a court concludes that the executive branch has acted unlawfully, the answer is not for the court to exceed its power, too."

However, the three liberal justices issued dissents to the decision.

Japan hangs serial killer in first-ever execution since 2022

Japan on Friday executed a man convicted of the 2017 serial killing of nine people in Kanagawa Prefecture. The 34-year-old accused Shiraishi Takahiro, dubbed Japan's "Twitter killer," was hanged at the Tokyo Detention House.

This was the first execution carried out in Japan since July 2022, and the first under Japanese Prime Minister Shigeru Ishiba’s administration, according to media reports.

Addressing a press conference on Friday morning, Japan’s Justice Minister Keisuke Suzuki stated that he carefully considered the matter before approving the execution order for the death row inmate convicted of killing nine people.

Iran’s three key nuclear sites significantly damaged in 12-day operation: IDF

The Israel Defense Forces (IDF) on Friday announced that its 12-day military operation against Iran resulted in significant damage to three of the country’s main nuclear facilities, Fordow, Natanz, and Isfahan, dealing a major blow to the Iranian regime’s nuclear infrastructure.

The IDF asserted that Israel launched ‘Operation Rising Lion’ on June 13 intending to damage the Iranian nuclear and missile projects following the identification of progress in the three programmes whose ultimate goal was to “destroy the State of Israel”.

According to the Israeli military, to thwart the future of the program, 11 senior nuclear scientists who were central knowledge centres in the Iranian weapons group were eliminated, and the inactive nuclear reactor at Arak was also attacked to prevent its future use.

Six killed in China floods

Six people have died due to severe flooding in Rongjiang County, southwest China's Guizhou Province, according to local flood control authorities.

Since Tuesday, the county has been hit by a severe flood not seen in 50 years, with water levels in several rivers rising rapidly. The peak flow reached 11,360 cubic metres per second.

The flood has inundated many low-lying areas and caused significant damage to infrastructure in several townships, resulting in blocked roads, disrupted communications, and stranded residents.

Currently, the water level in the county seat has fallen below the warning level.

South Korea: Ex-President Yoon attends eighth hearing of insurrection trial

South Korean former President Yoon Suk Yeol attended the eighth hearing of his insurrection trial on Monday, but was tight-lipped on a new investigation by independent counsels over his failed martial law bid.

Yoon arrived at the Seoul Central District Court around 10 am to attend the eight hearing of his insurrection trial on charges of leading an insurrection and abusing his power through his December 3 imposition of martial law.

It was Yoon's first trial after his case was transferred to the special counsel team, led by Cho Eun-suk, last week.

Yoon also did not respond to questions about corruption allegations involving his wife, Kim Keon Hee.

An assistant special counsel attended the court for the first time to pursue the indictment, news agency reported.

Death toll in Damascus church suicide bombing climbs to 22

A suicide bombing at a Damascus church killed at least 22 people and wounded 63 others, marking the deadliest and first attack of its kind on a Christian place of worship in the Syrian capital in several years, officials said.

According to Syrian authorities, two attackers stormed Mar Elias (St. Elias) Orthodox Church in the predominantly Christian Dweilaa neighbourhood during Sunday evening Mass, opened fire on worshippers, and detonated explosive belts near the entrance.

The Britain-based Syrian Observatory for Human Rights confirmed the death toll and reported that women and children were among the victims.

"This was a condemned terrorist act. We first heard gunfire in the courtyard, then two men entered, fired on the congregation, and blew themselves up. Such a crime violates every religion and every shred of humanity," said parish priest Melatios Shtah.

South Korea's key stock index tops 3,000 points for 1st time in over 3 years

South Korea's key stock index breached the 3,000-point mark for the first time in more than three years on early Friday morning, driven by gains in big-cap tech shares.

The benchmark Korea Composite Stock Price Index (KOSPI) had risen 31.84 points, or 1.07 percent, to 3,009.58 as of 11:15 a.m. It marked the first time the KOSPI hit the 3,000-point threshold since Jan. 3, 2022, reports news agency.

KOSPI surpassed the mark for the first time ever in its history on January 6, 2021.

Tech behemoth Samsung Electronics gained 0.84 percent, while its chipmaking rival SK hynix jumped 3.25 percent.

Bio shares were strong, with Samsung Biologics up 1.8 percent and Celltrion gaining 1.87 percent.

South Korea logs record current account surplus with US in 2024

South Korea posted a record current account surplus with the United States last year, driven by strong exports of semiconductors, while it recorded a current account deficit with China, central bank data showed on Friday.

South Korea's current account surplus with the US totalled an all-time high of $118.23 billion in 2024, widening from a $87.76 billion surplus the previous year, according to the Bank of Korea (BOK), reports news agency.

"The increase was attributable to rising exports of semiconductors and information and communication technology equipment, while the primary income account surplus also expanded due to higher dividend income," the BOK said in a release.

20 South Korean families evacuate Iran amid escalating Israel-Iran conflict

Twenty South Korean nationals and their family members have evacuated Iran via a land route and arrived safely in Turkmenistan amid escalating tensions between Israel and Iran, the foreign ministry said.

Eighteen South Koreans and two Iranian family members crossed the border into the Central Asian country by transportation provided by the South Korean government Tuesday morning (local time) and arrived in the capital, Ashgabat, the next day, the ministry said.

The eastern border land route chosen by the government is about 1,200 kilometres, and it takes around 16 hours to travel by bus without breaks, a ministry official said.

A rapid response team from Seoul was in Turkmenistan to assist with the evacuation efforts.

North Korea fires 10 multiple rocket launcher shells after trilateral air drills

North Korea fired around 10 artillery shells from its multiple rocket launcher system on Thursday, South Korea's military said, a day after the South conducted joint air drills with the United States and Japan.

The North fired the shells toward the Yellow Sea at around 10 a.m. from the Sunan area near Pyongyang, the military said, adding that South Korean and US intelligence authorities are conducting an analysis of the latest weapon test.

The North's 240mm multiple rocket launcher puts Seoul and its adjacent areas in target range. Last year, the North conducted a test-launch of what it claimed to be a multiple rocket launcher equipped with a new guidance system, news agency reported.

The weapon test came a day after South Korea, the US and Japan conducted a three-way aerial exercise as part of efforts to strengthen their trilateral security cooperation against North Korean military threats.

North Korea slams Israel's attack on Iran as 'hideous act'

North Korea on Thursday condemned Israel's recent air strike on Iran as a "hideous act" of aggression, saying Israel, backed by the United States and the West, is a "cancer-like" entity in threatening peace in the Middle East.

A spokesperson at North Korea's foreign ministry voiced "serious" concerns about Israel's military attack against Iran on Friday, denouncing Israel for raising the danger of a fresh all-out war in the Middle East, according to the Korean Central News Agency (KCNA).

"The present grave situation witnessed by the world clearly proves that Israel, supported and patronised by the US and the West, is a cancer-like entity for the peace in the Middle East and a chief culprit of destroying global peace and security," the official was quoted as saying by the KCNA.

Iran ballistic missile hits hospital in Israel, dozens injured

An Iranian ballistic missile struck Soroka Hospital in Israel's Beersheba, seriously injuring several patients, doctors, and staff as the conflict entered its seventh day on Thursday.

"Soroka Hospital in Beersheba -- where Jews, Muslims, Christians, and Arab Bedouin receive care -- was just hit by an indiscriminate Iranian ballistic missile. Israel will continue to do what must be done to protect all its people, from all walks of life," the Israel Foreign Ministry said in a post on X.

According to the Israeli Defense Forces (IDF), Iran fired around 30 ballistic missiles at Israel on Thursday, and one of them struck the hospital in Beersheba.

President of Israel, Isaac Herzog, took to his social media to narrate the horrific scenes in the hospital after the attack on the civilians.

South Korea vows enhanced market monitoring, swift responses amid Mideast crisis

The government will enhance monitoring of the economy and financial markets and devise appropriate responses based on contingency plans amid escalating tensions in the Middle East, the finance ministry here said on Thursday.

The pledge was made during a meeting on macroeconomic issues presided over by Acting Finance Minister Lee Hyoung-il and attended by Bank of Korea (BOK) Deputy Gov. Ryoo Sang-dai, along with senior officials from the Financial Services Commission and the Financial Supervisory Service, according to the Ministry of Economy and Finance.

"Following Israel's airstrike on Iran, volatility in commodity prices and global financial markets has increased," Lee said, reports news agency.

"The domestic financial market remains relatively stable, but uncertainty remains high due to the Israel-Iran conflict, as well as unclear U.S. tariff policies," he added.

World leaders impressed with achievement of Israeli forces: Netanyahu

Israeli Prime Minister Benjamin Netanyahu has said that the world leaders have expressed admiration for the determination and accomplishments of the Israeli forces.

The escalating conflict between both nations began last Friday when Netanyahu announced the launch of 'Operation Rising Lion' against Iran, a targeted military operation to roll back the Iranian threat of nuclear weapons.

This action prompted swift and aggressive retaliation from Tehran, pushing the region closer to the brink of a broader war.

Typhoon Wutip leaves seven dead in Vietnam

Heavy rains and flooding triggered by Typhoon Wutip have left seven people dead and caused extensive agricultural and property damage in central Vietnam, reports said on Tuesday.

Four deaths were reported in Quang Binh province and three in Quang Tri province, while one person was injured in Quang Tri, according to the Department of Dike Management and Natural Disaster Prevention.

According to reports, floods have submerged more than 33,000 hectares of rice fields, along with thousands of hectares of aquaculture ponds, while eight ships have been sunk or damaged, news agency reported.

India asks its nationals to evacuate Tehran, be in touch with Embassy

India has urged its nationals in Iran and Persons of Indian Origin(PIO) to evacuate Tehran, shift to a safer location and be in touch with the Embassy, following escalating tensions in the region.

As the Israel-Iran conflict entered its fifth day, the hostilities between the two nations continued to escalate as several missiles from Iran were fired at Israel, triggering air raid sirens in Haifa and dozens of other cities and communities across northern Israel and the occupied Golan Heights, confirmed by the Israeli military.

"All Indian Nationals and PIOs who can move out of Tehran using their own resources, are advised to move to a safe location outside the City," the Indian Embassy in Iran posted on X.

"All Indian Nationals who are in Tehran and not in touch with the Embassy are requested to contact the Embassy of India in Tehran immediately and provide their Location and Contact numbers. Kindly contact: +989010144557; +989128109115; +989128109109," it added.

Iranian strike shuts down Israel's largest oil refinery

Bazan, Israel's largest oil refinery company, announced that all of its facilities at the Haifa Port had been completely shut down due to the damage caused by an Iranian missile strike.

Three company employees were killed in the pre-dawn attack on Monday night, which ignited fires at the strategic complex. Video footage showed visible flames, and firefighting teams were still struggling to extinguish the blaze, news agency reported quoting Israeli daily Ha'aretz.

"The power station responsible for part of the steam and electricity production used by the group's facilities sustained significant damage, alongside additional impacts," the company said in a filing to the Tel Aviv Stock Exchange.

"At this stage, all refinery and subsidiary facilities have been shut down," it added.

Trump cuts short participation at G7 summit over Iran-Israel crisis

US President Donald Trump announced he was abruptly cutting short his participation in the G7 summit and returning home early to deal with the Iran-Israel crisis.

" I have to be back early for obvious reasons", Trump earlier told reporters. He said he would be leaving after the formal dinner “with these wonderful leaders”.

He will be missing Prime Minister Narendra Modi, who arrived in Calgary Monday evening and will be participating in the summit of the powerful industrialised democracies, along with a select group of emerging economies, on Tuesday.

The summit was overshadowed by the escalating war of missiles between Israel and Iran that began on Friday.

Egyptian President urges end to Israeli strikes, warns of conflict expansion

Egyptian President Abdel-Fattah al-Sisi has voiced rejection of any expansion of the ongoing regional conflict, stressing the urgent need to halt Israeli military operations "on all regional fronts," the Egyptian presidency said in a statement.

The Egyptian President made the remarks during a phone call with his Cypriot counterpart Nikos Christodoulides on Sunday, in which Sisi warned that continued tension "will inflict grave and formidable harm on all peoples of the region."

The Egyptian leader stressed that peaceful solutions remain "the sole viable means" to ensure security and stability in the region, calling on the international community to play a more active role in compelling all regional parties to act responsibly.

Egyptian FM, US envoys discuss Mideast situation

Egyptian Foreign Minister Badr Abdelatty discussed the tense situation in the Middle East with two senior US diplomats.

The discussions were held in two separate phone calls with the US Special Envoy for the Middle East Steve Witkoff, and US senior adviser for Africa and presidential adviser on Arab and Middle Eastern affairs Massad Boulos, the Egyptian Foreign Ministry said in a statement.

The call with Witkoff focused on the rapidly escalating tensions in the Middle East, particularly in light of the military confrontation between Israel and Iran, news agency reported.

During the call, Abdelatty stressed the "extreme danger" this escalation poses to regional security and stability. He emphasised the immediate need to reduce military escalation, contain the situation, and return to political and diplomatic solutions to prevent the region from spiraling into a cycle of violence.

Israel pounds Quds Force Headquarters in Tehran as conflict intensifies

The Israel Defense Forces (IDF) on Monday announced that Israeli Air Force fighter jets struck Quds Force command centres in Tehran, intensifying the already deadly confrontation between Israel and Iran.

The attacks, the IDF said, were carried out using "precise intelligence" and targeted facilities involved in orchestrating terrorist activities against Israel.

"The Air Force attacked Quds Force headquarters in Tehran. Air Force fighter jets attacked the headquarters of the Quds Force of the Revolutionary Guards and the Iranian army, under precise intelligence guidance from the Intelligence Department," the IDF posted on X.

"In these headquarters, Quds operatives planned terrorist acts against Israel through the Iranian regime's branches in the Middle East," the post added.

An illustrative graphic released by the Israeli military indicated that 10 sites were hit in the operation.

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