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Here is a rundown of all the news you need to start your Friday with, including the US approving the sale of $164.6 million worth of heavy-duty tank trailers and related equipment to Israel amid the Gaza war, former US President Donald Trump saying he will not participate in another debate with Vice President Kamala Harris, and US Secretary of State Antony Blinken saying that UN workers should be protected after deadly Israeli strikes on a UN-run school in Gaza
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The Biden administration approved the sale of $164.6 million worth of heavy-duty tank trailers and related equipment to Israel amid its war on the devastated Gaza Strip and escalation in the West Bank.
The Defense Security Cooperation Agency said it notified Congress of the potential sale, and deliveries are estimated to begin in 2027.
"The United States is committed to the security of Israel, and it is vital to US national interests to assist Israel to develop and maintain a strong and ready self-defense capability. This proposed sale is consistent with those objectives," it said in a statement.
Former US President Donald Trump announced that he will not participate in another debate with Vice President Kamala Harris, claiming he decisively won Tuesday's debate against her.
"Polls clearly show that I won the Debate against Comrade Kamala Harris," Trump said in a statement, adding that Harris immediately called for a second debate following the encounter earlier this week. He framed his decision as a refusal to engage with an administration he claims has caused widespread damage to the US.
Harris, according to Trump, was a "no-show" at previous debates hosted by major networks, including Fox News, NBC and CBS. He suggested Harris should focus on addressing the challenges of the last four years instead of asking for more debates.
UN workers should be protected, said US Secretary of State Antony Blinken after a deadly Israeli strike on UN staff at a Gaza school.
Asked about Wednesday's strikes on the UN-run school in the Nuseirat refugee camp in central Gaza which killed at least 18 people, including UN staff, Blinken said “UN workers should be protected. We need to see humanitarian sites protected. We continue to raise this to Israel” during a joint news conference in Warsaw with his Polish counterpart Radoslaw Sikorski.
He added that reaching an immediate cease-fire in Gaza is the best way to ensure the protection of the people and places.
NEWS IN BRIEF
SPORTS
The three biggest Turkish football clubs are steadily strengthening their squads ahead of Türkiye's 2024/25 summer transfer window, which closes on Friday.
Fenerbahce arguably had the most successful conclusion to the summer transfer window among Turkish Super Lig clubs.
The Yellow Canaries made one of the most notable decisions of the transfer period by selecting a new manager, a move that captured attention.
BUSINESS & ECONOMY
The economy in the Gaza Strip had shrunk to less than one-sixth of pre-war levels by the middle of 2024, the UN Conference on Trade and Development (UNCTAD) said in its latest report.
The report underlined the "staggering scale of economic devastation and unprecedented decline in economic activity, far surpassing the impact of all previous military confrontations in 2008, 2012, 2014 and 2021."
By early 2024, between 80%-96% of Gaza's agricultural assets had been decimated, it said, resulting in a significant decline in food production capacity and an exacerbation of the already high levels of food insecurity.
The European Central Bank (ECB) cut its deposit rate by 25 basis points, meeting market expectations.
Officials led by President Christine Lagarde cut the key rate by a quarter-point to 3.50%.
The move followed a pause in July after a first cut in June.
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