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U.S. Sanctions Yemeni Bank for Supporting Houthi Financial Activities

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U.S. Sanctions Yemeni Bank for Supporting Houthi Financial Activities

 

SYRIA

  1. ICC and Arab League Delegations Support Syria’s Transitional Justice and Recovery

ICC Prosecutor Karim Khan and an Arab League delegation visited Damascus to support Syria’s transitional justice and political recovery. Khan discussed prosecuting Assad regime crimes, including 202,000 killings and 96,000 disappearances, and preserving evidence of war crimes. The Arab League emphasized Syria’s sovereignty, stability, and disarmament of armed groups while rejecting foreign interventions. Both delegations pledged support for Syria’s unity, reconciliation efforts, and regional reintegration, reflecting global and Arab solidarity in addressing challenges and rebuilding a peaceful, stable nation.

  1. Syria Bans Goods from Russia, Iran, and Israel

Syria’s border authority banned Russian, Iranian, and Israeli goods, enforcing confiscation and prohibiting airlines from transporting Iranian or Israeli citizens. The transitional leader seeks balanced ties with Russia, while relations with Iran remain strained, and Syria remains at war with Israel. Turkish goods, once prevalent in Syrian markets, face declining demand due to quality concerns, with a shift toward higher-quality foreign alternatives. The decision reflects Syria’s efforts to reshape its economic and diplomatic policies.

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  1. New Syrian Administration Destroys Massive Captagon Stockpile

The new Syrian administration destroyed 100 million Captagon pills, and 10-15 tons of hashish, and dismantled drug facilities in Damascus and Latakia. Captagon, once Syria’s largest export under the Assad regime, generated $10 billion annually, with 80% of global production linked to Maher al-Assad’s network. Drugs were hidden in toys, furniture, and vehicles for trafficking. The crackdown marks efforts to dismantle remnants of the Assad regime’s narcotics trade, a major destabilizing force in the region.

  1. New Syrian Administration Reshuffles Key Positions

Syria’s new administration, appointed Ali Kaddah as Interior Minister and reassigned Mohammed Abdulrahman as Idlib Governor. Kaddah, a 2012 Assad regime defector with military and electrical engineering degrees, previously held leadership roles in opposition administrations. Abdulrahman, also a 2012 defector and former Syrian army officer, briefly served as Interior Minister before the reshuffle. The changes reflect the administration’s effort to restructure leadership in key regions during Syria’s transitional phase.

  1. Syrian Defense Minister Rejects Kurdish Military Bloc Proposal

Syria’s new defense minister, Murhaf Abu Qasra, rejected the proposal for US-backed Kurdish fighters to maintain an independent military bloc within the integrated Syrian armed forces. Speaking in Damascus on Sunday, Abu Qasra criticized the leadership of the Syrian Democratic Forces (SDF) for delaying resolution of the matter, emphasizing the government’s stance against the formation of separate military entities

  1. Turkish Strikes Kill Four Civilians and Kurdish Leader in Syria

Turkey’s airstrikes killed four civilians supporting Syrian Democratic Forces (SDF) in Manbij near the Tishreen Dam, leaving 15 injured. The Syrian Observatory confirmed three deaths from a drone strike and warned of further casualties. Meanwhile, Turkish forces killed Menije Hajo, co-chair of the Kurdish PYD, and her bodyguards in an airstrike near Al-Qamishli. The PYD condemned the targeted killing, attributing the strike to Turkey-backed factions amidst ongoing clashes between SDF and Turkish-aligned forces.

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ISRAEL

  1. Houthis Launch Missile Strikes on Israel, IDF Intercepts Both

The IDF intercepted two Houthi missiles launched from Yemen on Saturday, targeting central Israel, Eilat, and the Arava Desert. Shrapnel from the first missile fell near Jerusalem, causing no injuries. The second missile was intercepted outside Israeli territory. The Iranian-backed Houthis claimed responsibility, threatening more attacks if the Israel-Hamas ceasefire collapses. Israeli authorities denied Houthi claims of hitting Tel Aviv’s Defense Ministry, emphasizing the success of their air defense systems.

  1. Gaza War Costs Israel $42 Billion, Strains Resources

Israel’s Gaza war has cost $41.8 billion since October 2023, with significant expenses tied to reservist salaries surpassing weapons costs. The conflict, resulting in 840 soldier deaths and 14,000 injuries, relied heavily on 220,000 reservists. The ceasefire, tied to prisoner exchanges with Hamas, may end the war if stability is maintained and backed by U.S. support under President-elect Trump. Financial and operational strains highlight the immense challenges Israel faces as the conflict’s repercussions unfold.

  1. Ben-Gvir Resigns Over Hostage Deal, Coalition Faces Tensions

National Security Minister Itamar Ben-Gvir and Otzma Yehudit members resigned, opposing the hostage deal with Hamas, calling it a “disgraceful surrender.” The agreement, involving the release of hundreds of Palestinian prisoners, was criticized for undermining IDF achievements and halting Gaza operations. Ben-Gvir vowed ideological voting without toppling the government. Other ministers, including Bezalel Smotrich, also threatened to resign, highlighting growing tensions within the coalition over the ceasefire and its long-term implications for Israel’s security.

  1. US Partially Lifts Arms Embargo, Clears Bulldozer Shipment to Israel

The US has lifted key restrictions from its arms embargo on Israel, authorizing 70 D9 armored bulldozers for shipment. Negotiated alongside hostage deal discussions, the equipment is crucial for Gaza operations, including creating secure routes and detecting explosives. Military officials noted earlier availability could have reduced IDF casualties. The decision follows an October weapons halt imposed by the Biden administration to boost Gaza humanitarian aid, marking a strategic shift in US-Israel defense cooperation.

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LEBANON

  1. Hezbollah Warns Israel and Backs New Lebanese President

Hezbollah’s Naim Qassem warned Israel against testing patience over ceasefire violations, urging Lebanon to address hundreds of breaches decisively. He credited Lebanese resistance for influencing Gaza’s ceasefire success, highlighting its resilience in negotiations. Meanwhile, former army chief Joseph Aoun was elected Lebanon’s president after Hezbollah shifted support from Suleiman Frangieh, signaling internal and regional political adjustments. This election follows Hezbollah’s weakened position after confrontations with Israel and the decline of its allies in the region.

  1. Guterres Condemns Violations as Arms Caches Found in Southern Lebanon

U.N. Secretary-General António Guterres reported over 100 weapons caches discovered in Southern Lebanon since the Nov. 27 ceasefire. He condemned armed group violations of Resolution 1701 and Israeli attacks, calling both unacceptable. Lebanese President Joseph Aoun demanded Israel’s immediate withdrawal, citing sovereignty breaches, while Israel insists its actions target Hezbollah. Defense Minister Israel Katz warned the truce depends on Hezbollah’s withdrawal by Jan. 26, as peacekeepers and international efforts aim to stabilize the region.

  1. Israeli Forces Raid Homes in Southern Lebanon Following Ceasefire Violations

Israeli forces, with a Merkava tank and Namir APC, raided homes in Hula, southern Lebanon, under heavy gunfire before withdrawing. The raid reflects ongoing violations of the fragile ceasefire, intensifying tensions in the border region. No updates were provided on the residents’ fate, underscoring challenges in maintaining regional stability and adherence to agreements aimed at securing peace. This incident highlights the volatile situation in southern Lebanon and the urgent need for conflict resolution measures.

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ISRAEL-HAMAS WAR 

  1. Israel Recovers Oron Shaul’s Body Before Ceasefire

IDF special forces and Shin Bet retrieved St.-Sgt. Oron Shaul’s body from Gaza just before the ceasefire. Shaul was killed in 2014 during Operation Protective Edge. Prime Minister Netanyahu and Defense Minister Israel Katz praised the mission, calling it a solemn moment of closure for Shaul’s family after a decade. Efforts to recover Lt. Hadar Goldin’s body continue, with potential prisoner exchanges expected in future ceasefire negotiation phases.

  1. 19 Palestinians Killed in Israeli Ceasefire Violation in Gaza

Israeli airstrikes and gunfire killed 19 Palestinians and injured 36, violating the Gaza ceasefire hours after its implementation. Strikes targeted Shuja’iyya, Zaytoun, and Rafah, causing civilian casualties. Israeli forces fired on residents returning home, further escalating tensions. Hamas affirmed its commitment to the agreement, while Israel delayed implementation, citing unmet conditions. The ceasefire, intended to end 470 days of conflict, now faces challenges due to ongoing violations and rising humanitarian concerns in the besieged Gaza Strip.

  1. Israel Expects 25 Hostages Alive in Ceasefire Deal

Israel believes 25 of 33 hostages set for release by Hamas are alive. In exchange, 1,904 Palestinian detainees will be freed, including 737 prisoners in phase one. Supported by U.S. President Biden, the deal allows Israel to resume fighting if terms are violated. Officials warn of potential conflict resumption as Hamas pushed to finalize the agreement before the U.S. administration transition. The deal also grants Israel a 50-day security perimeter along the Gaza border.

  1. Ninety Palestinian Prisoners Released in Ceasefire Exchange

Israel freed 90 Palestinian prisoners in exchange for three Israeli hostages released by Hamas under the ceasefire agreement. Prisoners underwent checks at Ofer Prison before 78 were transported to the West Bank and 12 to East Jerusalem. Israeli officials criticized the Red Cross for delays, alleging discrepancies in prisoner lists disrupted the process. Despite challenges, the exchange marked a key step in implementing the ceasefire, with oversight ensuring compliance with the agreement’s terms.

  1. Trump and Biden Emphasize Ceasefire Stability and Hamas Exclusion

President-elect Donald Trump and President Biden highlighted the importance of the Gaza ceasefire and its implications for regional stability. Trump warned the truce must hold, pledging U.S. support for Israel if it collapses, while emphasizing Hamas’s exclusion as a governing entity. Biden announced phase two of the ceasefire will involve soldier releases and aim for a permanent resolution, crediting U.S.-Israel cooperation. Both leaders stressed preventing Gaza from remaining a hub for terrorism, ensuring security, and providing humanitarian aid to the region.

  1. Trump Envoy Suggests Relocating Gaza Civilians to Indonesia

Steve Witkoff, President-elect Trump’s Middle East envoy, proposed relocating some Gazan civilians to Indonesia during rebuilding efforts under ceasefire stabilization. He plans frequent visits to oversee Gaza’s developments, prevent ceasefire sabotage, and ensure smooth hostage-prisoner exchanges. Witkoff emphasized improving Gazan living conditions to offer hope and avoid rebellion. The Trump administration is committed to long-term solutions for Gaza, addressing regional challenges, and maintaining the fragile ceasefire amidst threats from radicals on both sides.

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TURKIYE

  1. Erdogan Vows Action Against Kurdish Units, Ensures Syrian Stability

President Erdogan announced plans to eliminate Kurdish YPG  forces, accused of occupying one-third of Syria. Turkey continues airstrikes in northeastern Syria, targeting Kobani and Tishreen Dam, while advancing in Latakia to establish military posts. Erdogan stressed safeguarding Syrian territorial integrity, combating terrorism, and supporting voluntary refugee returns. These actions align with Turkey’s strategic goals of regional stability and counterterrorism, addressing ongoing threats and ensuring a unified, peaceful Syria.

  1. Turkey Reduces Helicopter Operations Over Kurdistan Due to Security Risks

Turkey halved helicopter flights over Kurdistan due to repeated attacks with portable air defense weapons, causing casualties and losses. The mountainous terrain heightens risks, pushing Turkey to rely on drones for safer, long-range operations. Concerns grow over the weapons’ origin, which threatens Turkish operational effectiveness. Recent ambushes and direct strikes have significantly strained Turkish forces in the region, prompting precautionary measures to mitigate further losses and enhance security in vulnerable areas.

  1. Turkey Achieves Significant Export Growth in Key Global Markets

Turkey increased exports to the U.S. by $1.25 billion in 2024, led by chemicals, automotive, and garment sectors. Istanbul contributed $4.7 billion, followed by Ankara, Izmir, and Gaziantep. Strategic market diversification, high-value products, and improved logistics fueled growth. Experts emphasize enhancing trade agreements, sustainability, and innovative products to maintain competitiveness in key markets like the U.S. Turkey’s export success reflects its ability to adapt to global demand and leverage its strategic economic advantages effectively.

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IRAN

  1. Iran Reports Assassination of Two Supreme Court Judges in Tehran

On Saturday, Iran’s news agency Mehr reported the assassination of two Supreme Court judges in Tehran. The judges, named Moghisa and Razini, were killed in a gun attack, while a third judge, named Miri, was injured in the same incident. The assailant reportedly committed suicide by shooting himself. This incident highlights ongoing security concerns in Tehran, with authorities likely to increase efforts to investigate and respond to the attack.

  1. Putin and Bezhashkian Sign Comprehensive Strategic Partnership Treaty in Moscow

On Friday, Russian President Vladimir Putin and Iranian President Masoud Bezhashkian signed a “Comprehensive Strategic Partnership Treaty” in a ceremony at the Kremlin. Putin described the agreement as a “real breakthrough,” highlighting the strengthened ties between the two nations, which face severe sanctions. He emphasized that both countries are united in advancing their relations to a new level. The treaty signifies a new chapter in Iran-Russia relations, aiming to enhance bilateral cooperation and strategic collaboration in various sectors.

  1. Iran Reveals Underground Naval Missile Base “Capable of Hitting America”

The Iranian Revolutionary Guard’s naval force revealed an underground missile storage base in the country’s southern waters. The footage aired by Iranian state television showcased dozens of small ships equipped with machine guns and missiles within the facility’s tunnels. The base, located 500 meters below the surface, is used to store offensive naval vessels and missile launchers. This announcement comes amid escalating tensions between Iran, the U.S., and Israel, though the exact location of the base remains undisclosed. The move signals Iran’s continued emphasis on bolstering its military capabilities in the region.

  1. Bangladesh Central Bank Cautions Against LNG Imports From Iran

The Bangladesh Central Bank issued a warning to local banks about the risks of importing goods from countries facing international sanctions. This alert follows reports of increased imports of reprocessed Iranian liquefied natural gas (LNG) to Bangladesh. The central bank emphasized the need for caution in light of potential sanctions violations. The directive is part of broader anti-money laundering and counter-terrorism financing policies, reflecting Bangladesh’s commitment to avoiding international legal risks while managing its energy needs.

  1. Iran-Afghanistan Trade Volume Grows by 84% in 2024

Iran’s commercial exchanges with Afghanistan surged by 84% in 2024, reaching a total of $3.19 billion, compared to $1.73 billion in 2023. This growth highlights the increasing trade cooperation between Tehran and Kabul over the past two years. According to Hussein Rostaei, the spokesman for Iran’s Trade Development Organization, the remarkable rise in trade volume underscores the strengthening of economic ties between the two nations. This significant trade boost reflects broader efforts to enhance bilateral relations and expand Iran’s economic influence in the region.

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IRAQ

  1. Stellar Energy Develops Over 140 Power Stations Across Iraq

Iraq’s Ministry of Electricity partnered with Stellar Energy to build 140 power stations, funded by a U.S. Export-Import Bank loan. The project includes five 400-kilovolt stations, 25 132-kilovolt stations, and over 100 distribution stations, adding 2,000 megawatts to Iraq’s grid. This initiative stabilizes electricity, ensures equitable distribution, and resolves network challenges. Stellar Energy’s prior success with Al-Sadr and Kirkuk plants reinforces trust, aligning with Iraq’s governmental plans under direct Prime Ministerial supervision.

  1. Iraq Reduces Reliance on Iranian Gas, Prioritizes Local Development

Iraq aims to reduce its 40% reliance on Iranian gas by boosting local production through international partnerships and new projects. Despite a 2024 agreement for increased imports, Iraq plans initiatives like Total’s southern project and heavy gas extraction in 2025. Utilizing its 132 trillion cubic feet reserves, Iraq seeks to stabilize its energy grid, resolve electricity shortages, and reduce its $49 billion financial deficit, aligning with efforts to achieve greater energy independence and economic sustainability.

  1. Jordan’s King Meets Kurdistan PM to Discuss Regional Issues

Jordan’s King Abdullah II and Kurdistan PM Masrour Barzani discussed regional developments, Gaza’s ceasefire, and Syria’s political changes. They emphasized strengthening Jordan-Iraq ties and enhancing cooperation with Kurdistan. Barzani praised Jordan’s efforts under King Abdullah to promote peace and stability in the Middle East. The meeting highlighted opportunities for collaboration, though details of Barzani’s visit duration and schedule were not disclosed.

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YEMEN

  1. Houthis Warn After U.S. Airstrikes and Target Aircraft Carrier

Four U.S. airstrikes hit the Al-Azraqain area north of Sana’a on Sunday, prompting Yemeni Armed Forces to warn against any aggression during the Gaza ceasefire. Spokesperson Brigadier General Yahya Saree confirmed a joint operation targeting the U.S. aircraft carrier “Truman” in the Red Sea with drones and cruise missiles, marking the eighth such attack. Saree also revealed two prior strikes on Israeli assets in southern Palestine, vowing unlimited responses to any further hostilities.

  1. U.S. Sanctions Yemeni Bank for Supporting Houthi Financial Activities

The U.S. sanctioned the Yemeni Bank for Trade and Investment for aiding Houthis’ global financial access, laundering funds, and facilitating Iranian oil sales. The bank supported Hezbollah and Houthi networks, including transferring funds via Iran’s Quds Force. The U.S. pledged to disrupt these illicit activities and protect Yemen’s banking system from Houthi exploitation, ensuring compliance with international regulations and regional stability.

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GULF NATIONS

  1. UAE and Kurdistan Discuss Strengthening Bilateral Cooperation

UAE President Sheikh Mohammed bin Zayed Al Nahyan met with Kurdistan Regional Government Prime Minister Masrour Barzani in Abu Dhabi to discuss enhancing relations between the UAE and Iraq, particularly with Kurdistan. Both leaders emphasized expanding cooperation to achieve development and prosperity for their peoples. According to the Emirates News Agency (WAM), the meeting included an exchange of views on issues of mutual interest.

  1. Qatar PM Leads Efforts to Implement Gaza Ceasefire Agreement

Qatar’s PM Sheikh Mohammed bin Abdulrahman Al Thani discussed Gaza’s ceasefire with Romanian PM Marcel Ciolacu, U.S. Secretary Antony Blinken, and Palestinian factions. Ciolacu thanked Qatar for mediating hostage releases, including a Romanian citizen, while Blinken praised Qatar’s leadership in the three-phase agreement. In meetings with Palestinian factions, the PM emphasized prisoner exchanges, aid delivery, and displaced residents’ return. Qatar reaffirmed its support for Palestinian rights and a 1967-border state, aiming to end 470 days of conflict and ensure lasting peace.

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EGYPT &North Africa

  1. Egypt Activates Crisis Room in Preparation for Rafah Crossing Opening

Egypt has activated its crisis room in preparation for opening the Rafah crossing to receive casualties from Gaza. Minister of Health and Population, Khaled Abdel Ghaffar, confirmed that the ministry is ready with a comprehensive plan to handle incoming injured individuals. The ministry is also enhancing medical services in Gaza, while medical points are being set up in North Sinai to accommodate the wounded. This move reflects Egypt’s ongoing efforts to support Gaza during the ongoing conflict and ensure sufficient medical preparedness for potential emergencies.

  1. First Meeting in Three Years Between Sisi and Haftar

On Saturday, Egyptian President Abdel Fattah el-Sisi met with retired General Khalifa Haftar, whose forces control most of eastern Libya. This meeting marked the first between the two leaders since September 2021. According to the Egyptian presidency, Sisi emphasized Egypt’s commitment to ensuring the unity and cohesion of Libyan national institutions. He also stressed the importance of coordinating all Libyan parties to develop a comprehensive political roadmap that would lead to the long-awaited presidential and parliamentary elections in Libya.

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