Author: admin@primenews

The US has approved Israel’s request to sell the Arrow-3 missile system to Germany, the Israeli defense ministry said Thursday, in what will become Israel’s largest ever defense deal. The approval paves the way for Israel and Germany to sign a landmark $3.5 billion defense agreement, according to the Israeli defense ministry. Israeli officials had been informed of the approval by the US Department of State on Thursday, according to a spokesperson for Israel’s Ministry of Defense. Israel and the United States have been jointly developing the multi-billion-dollar Arrow missile defense system since 1986. The Arrow 3 system is designed to intercept…

The British Museum in London has sacked a member of staff and police are investigating after treasures were reported “missing, stolen or damaged”. Items including gold, jewellery and gems of semi-precious stones were among those missing from the museum, one of the UK’s largest tourist attractions. The majority of the items were kept in a storeroom, the museum said. British Museum director Hartwig Fischer said the museum would “throw our efforts into the recovery of objects”. He added: “This is a highly unusual incident. I know I speak for all colleagues when I say that we take the safeguarding of…

A group of people, thought to be North Korean Taekwondo athletes, have crossed the border into China. They are said to be heading to the Taekwondo world championships in neighbouring Kazakhstan. It marks the first time that Pyongyang has sent a sports team overseas since its Covid border closure in 2020. Sources say they will travel on to Beijing before heading to the Kazakh capital Astana. Two green buses have been spotted crossing the Yalu River that divides North Korea and China. They arrived in the Chinese city of Dandong, where dozens of people then disembarked. At the start of…

Intel has pulled out of a major acquisition of an Israeli chipmaker after failing to obtain the required regulatory approval. The US tech giant said in a Wednesday statement it would scrap its planned $5.4 billion purchase of Tower Semiconductor (TSEM), saying it had not received the necessary sign-off from regulators in time. The deal was first announced in February 2022. While Intel (INTC) did not specifically mention which jurisdiction it was waiting on, it had previously outlined efforts to clear the deal with authorities in China. In April, CEO Pat Gelsinger admitted that the process had been arduous, saying he had traveled to China to…

Tomatoes are off the menu in India as Burger King becomes the latest fast food chain to be impacted by rising prices of the culinary staple. Last month, McDonald’s (MCD) announced that many of its restaurants across the country would be temporarily removing tomatoes from their burgers, citing quality issues and shortages of supply. Now, Burger King’s Indian outlets say they are “unable to add tomatoes.” In a frequently-asked-questions section on its website, Burger King assured customers that tomatoes will be back soon, saying their current absence was “due to unpredictable conditions on the quality and supply of tomato crops.” It was not…

The second quarter of this year was a good one for retirement savers, according to a new analysis from Fidelity Investments. Thanks to continued employee and employer contributions, coupled with an improving market, 401(k) balances rose on average for all age groups not just in the second quarter, but compared to the same period a year earlier. Here are some hard numbers based on the accounts housed at Fidelity, one of the largest providers of workplace retirement plans, with more than 23 million 401(k) participants. Overall the average 401(k) balance rose to $112,400, up 4% from the first quarter. This is…

She flew into Costa Rica with her partner and baby for an extended break in February 2020. But after getting stuck in the coastal town of Nosara during the Covid-19 pandemic, Stefanie Tannenbaum, from the US, felt so at home that she decided to stay for good. Now, nearly four years later, Tannenbaum is the proud co-founder of sustainable boutique hotel Sendero, which she describes as a “neighborhood hotel” that aims to provide its guests with “a sense of belonging.” “Nosara is a really magical place, and we wanted to share that,” she tells CNN Travel, before explaining that the hotel’s surf…

A group of investors is suing Sotheby’s Holdings Inc. and others over a 2021 auction and promotion of Bored Ape Yacht Club non-fungible tokens (NFTs) following a collapse in prices for the celebrity-endorsed collectibles. The four named plaintiffs in the class action lawsuit allege that the auction house “misleadingly promoted” the NFTs and colluded with creator Yuga Labs to artificially inflate their prices. Sotheby’s is among 30 defendants named in the lawsuit, with celebrities like Justin Bieber and Paris Hilton also accused of promoting the NFT collection without disclosing their financial links to it. According to cryptocurrency market tracker CoinGecko, the colorful digital…

With his attorney in tow, Rudy Giuliani traveled to Mar-a-Lago in recent months on a mission to make a personal and desperate appeal to former President Donald Trump to pay his legal bills. By going in person, a source familiar with the matter told CNN, Giuliani and his lawyer Robert Costello believed they could explain face-to-face why Trump needed to assist his former attorney with his ballooning legal bills. Giuliani and Costello traveled to Florida in late April where they had two meetings with Trump to discuss Giuliani’s seven-figure legal fees, making several pitches about how paying Giuliani’s bills was ultimately in…

India’s third lunar mission is inching closer to the Moon’s little-explored south pole where it aims to set down a lander and rover on 23 August. On Thursday, the lander detached from the propulsion module, which carried it close to the Moon, beginning its last phase of the mission. Chandrayaan-3, however, may not be the first to land on the south pole if it’s beaten by a new Russian mission. Luna-25, launched last week, is expected to land a day or two earlier. If the Russian spacecraft – its first Moon mission after nearly half a century, when Russia was…