Israel hosts its largest aerial exercise in history
The largest seen aerial exercise in Israel began on Thursday and is to continue for the next two weeks. 1,000 highly-trained fighter pilots from eight different countries opened the “Blue Flag” exercise, which includes roughly 100 of fighter jets, helicopters and unmanned aerial vehicles (UAVs). It is the most immense military drill to take place so far this year.
IMF Says Venezuela’s Inflation Rate May Rise Beyond 2,300% in 2018
Venezuela’s triple-digit annual inflation rate is set to jump to more than 2,300 percent in 2018, the highest estimate for any country tracked by the International Monetary Fund.
Greek Parliament Passes Austerity Bill Despite Dissent
Greek lawmakers voted overwhelmingly early Thursday to approve a harsh austerity bill demanded by bailout creditors, despite significant dissent from members of Prime Minister Alexis Tsipras’ left-wing party.
Greece’s Still Teetering on the Verge of Collapse
After all-night negotiations, Greece and its creditors salvaged a deal Monday that lessens the chance of Athens going bankrupt and needing to exit the 19-nation eurozone currency bloc. But the drama is not over yet.
Greece, Eurozone leaders agree to new bailout deal
Marathon talks between Greece and its European creditors ended with a new bailout agreement early Monday, hours after negotiators in Brussels blew through a self-imposed deadline.
Greece Offers Pension Savings, Tax Increases to Keep Euro
The government of Greek Prime Minister Alexis Tsipras submitted a proposal similar to one presented by creditors last month, in a last-ditch effort to keep the country in the euro.
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