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U.S. approves possible sale of $5.4 billion in missiles to Saudi Arabia

The U.S. State Department has approved the possible sale to Saudi Arabia of $5.4 billion in additional PAC-3 missiles built by Lockheed Martin Corp, the Pentagon said on Wednesday. The missile sale approval could help reassure Saudi Arabia about the U.S. commitment to its security. “Lockheed Martin is supporting the U.S. government and the kingdom of Saudi Arabia as they discuss the potential sale of additional PAC-3 Missiles as part

Greek stock market unlikely to reopen this week

The Athens Stock Exchange (ASE) has been shut since June 29, when the government closed banks and imposed strict limits on withdrawals and foreign transfers to prevent a run on deposits by savers and companies. “The stock market will not open tomorrow (Thursday) and it is unlikely to open on Friday. The Greek banks need to resolve some IT issues regarding the restrictions,” the spokeswoman said.

Hamas renews 'revolt' call against Palestinian Authority

Deputies of the Islamist movement Hamas which rules Gaza on Wednesday renewed calls for a “revolt” against the internationally recognised Palestinian Authority over its sweeping arrests of anti-Israeli militants. The deputies, in an act of defiance, held a meeting in the parliament building in Gaza City that has not convened officially since 2007 when Hamas expelled PA security forces after a week of deadly clashes.

IS car bomb kills 4 near mosque in Yemen capital

A car bombing claimed by the Islamic State group near a mosque in Yemen’s rebel-held capital killed four people Wednesday, medical sources and witnesses said. An IS Twitter user calling himself Karar al-Moayad said the jihadist group had carried out the attack and that it had caused “several dead”. Witnesses said the blast went off near a mosque of the Bohra sect of Shiite Islam, not far from Ath-Thawra Hospital