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Israel Defence Ministry proposes ambitious USD 45 billion budget for 2026, finds itself at odds with Treasury

Tel Aviv, Nov 12 (UNI) Israel's Defence Ministry has proposed an ambitious record defence budget of 144 billion shekels (USD 45 billion) for 2026 as the country seeks to rebuild and strengthen its military following the end of its three-year-long war with Hamas terrorists in Gaza.
The budget — one of the largest in Israel's history — will be supplemented by the long-delayed delivery of USD 3.8 billion worth of security funds from the US, which had been bogged down and delayed significantly due to Washington's recent government shutdown, reports Calcalist, an Israeli daily.
Alongside the main allocation, the ministry is also requesting an additional 37 billion shekels (USD 9.8 billion) for the reserve forces budget, which would fund the recruitment and training of tens of thousands of reservists across all sectors next year.
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UK Royal Navy confirms tracking Russian submarine in the English Channel for three days

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Trump signs exec order to halt state-level AI regulations and empower federal challenge effort

12 Dec 2025 | 9:49 PM

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Bank of Russia files litigation against Euroclear for causing it losses amid escalating Kremlin-EU tensions

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Germany accuses Russia of cyber attack, poll interference

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A German Foreign Ministry spokesman said Berlin now possessed sufficient evidence linking Moscow to the August 2024 cyber-attack on German Air Safety.

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