00:00Italy's Interior Ministry has ordered the closure of the country's sea and air borders
00:06with Spain, temporarily suspending the Schengen Free Movement regime between the two countries.
00:12The decision was announced by Prime Minister Giorgia Meloni and Deputy Prime Ministers
00:17Antonio Tegiani and Matteo Salvini following the arrival of thousands of migrants in the
00:24Spanish-North African enclave of Ceuta.
00:26Responding to the move, Spanish Prime Minister Pedro Sánchez hit back at Italy, arguing
00:32an ex that solidarity and empathy are optional, but respect for European treaties and facts
00:39is not.
00:41Sánchez, who earlier described the mass crossings as a, quote, violation of Spain's territorial
00:47integrity, cited Frontex figures showing that Italy recorded more irregular entries than
00:53Spain between 2021 and 2026.
00:58Meanwhile, Spain's Interior Ministry says more than 48,000 of the migrants who have entered
01:04Ceuta since early Friday have already returned to Morocco voluntarily.
01:12Hamas says it has agreed to a deal announced on Thursday by U.S. President Donald Trump to
01:17disarm the group and pave the way for Israeli withdrawal from Gaza and the reconstruction
01:22of the enclave.
01:24Trump earlier hailed the deal as historic and monumental, noting that the Board of Peace
01:28he created in January agreed to it to put to action his 20-point peace plan for Gaza.
01:34The deal, according to the U.S. President, will be carefully structured in phases, first
01:40beginning with the complete disarmament of Hamas and all other groups, and then moving on to
01:45the IDF's retreat.
01:47After both those steps are completed, a technocratic government run by former U.K. Prime Minister
01:52Tony Blair will then be appointed to work alongside Palestinian officials to govern the territory
01:57and oversee its reconstruction.
02:00Trump did not detail a specific timeline in his announcement, but officials familiar with
02:05the matter have indicated that they expect the disarmament process to be completed within
02:10the coming two weeks.
02:12They added that Hamas's surrendering of heavy weapons and the decommissioning of its tunnels
02:16is a process expected to take between 200 and 350 days.
02:22Israeli Prime Minister Benjamin Netanyahu has repeatedly stated that his country will not
02:26withdraw its troops from Gaza until all weapons are turned over and Hamas is dismantled.
02:36Yemen's Houthi leader threatened Saudi Arabia with full escalation.
02:41The announcement came hours before Riyadh announced a new maritime defence coalition to counter the
02:48Iran-backed group's expanding campaign against Red Sea shipping.
02:52Abdulmalik al-Houthi accused Saudi Arabia of keeping Yemen in a deliberate cycle of economic
02:58and political crisis. Saudi Arabia's response to the Houthi maritime campaign took institutional
03:05form on Thursday when Riyadh hosted 43 countries to discuss the creation of a new multinational
03:12maritime defence coalition. The coalition is designed to protect freedom of navigation and
03:18energy supply routes through the Bab el-Monded Strait, the Red Sea and the Gulf of Aden. The
03:23Strait carries roughly 12% of global maritime trade. The Bab el-Monded campaign comes at a time when the
03:30Strait of Ormuz, the Gulf's other critical choke point, remained under blockade after the US-Iran
03:36war continued following the collapse of the interim deal between the two sides.
03:45The United Kingdom has announced its plans to invest 9.8 billion euros for the next phase of its
03:52Dreadnought class nuclear submarine program. BAE Systems has been tasked with delivering four
03:59submarines as part of Britain's nuclear deterrent. The defence secretary and I are here today to confirm
04:07after the agreement that was reached around the defence investment plan, 8.4 billion pounds investment
04:16in the new Dreadnought class of submarine for our continuous at sea deterrent. The investment was
04:24set to help the first of four submarines, the HMS Dreadnought, complete its sea trials and be ready to enter
04:31service with the Royal Navy in the early 2030s, Downing Street said. Burnham's government said the
04:38program would support 47,000 jobs and apprenticeships over the next decade.
04:48The European Union said it is ready to play a substantive role in an effort to resume talks on the
04:54Cyprus issue. Cyprus president Nikos Christodoulides welcomed Raphael Efito in Nicosia, marking the first
05:01visit by the executive vice president of the European Commission since his appointment as special
05:07representative for Cyprus. According to the Cypriot government, they discussed the next steps as well
05:13as the European officials' upcoming meetings with the parties involved. Following the meeting,
05:19Raphael Efito explained how he views his new mission. The European Union wants to give a very clear
05:25message. We want to work, to participate with a very important role in the process. We want to
05:36follow clearly the UN process because it is very important for us to give our very important
05:47a positive contribution in this way. The Cypriot government says it seeks to leverage EU-Turkey
05:53relations to advance the process. Foreign Minister Konstantinos Kompos described the meeting as useful
06:00and constructive. He noted that Nicosia is considering ideas and proposals for the next steps,
06:05but emphasized that Turkey's final stance remains decisive.
06:24Fito's visit, which also included a scheduled meeting with Turkish Cypriot leader Tufan Erdogan,
06:30took place a few days after Antonio Guterres' meeting in Cyprus. The UN Secretary General said he hopes to
06:37convene fresh talks between the two sides, provided that progress is made with confidence-building measures
06:43and the methodology and substance of any talks that may take place.
06:53World football's governing body FIFA has vowed to press ahead with a controversial private investment
06:59plan despite widespread opposition to the proposal. On Thursday, Europe's football union UEFA declared it
07:07would boycott future FIFA World Cup competitions if it went ahead with Gianni Infantino's plan.
07:13Later, North and Central America's CONCACAF shared that all 41 of its member associations also rejected
07:19FIFA's proposal to sell a stake in the business operations of the World Cup. Infantino's project
07:25was announced on Tuesday when he wrote to members that if they approved of the proposed FIFA Forward
07:30Enterprise commercial subsidiary, 20 percent owned by private investors, their funding would double to
07:3620 million dollars for the next four years. Infantino has proposed FFE would run events such as the World
07:43Cup and Club World Cup. The core investor would be a New York investment firm created by Joshua Kushner,
07:50the brother of US President Donald Trump's son-in-law Jared Kushner. While FIFA said it would go ahead
07:56with the consultation process for the proposal, it appears to then back off from the commercial subsidiary,
08:02saying without the support of its 211 member associations, FFE would not be established.
08:15Entropics artificial intelligence models hacked three outside organizations during a test that was
08:20supposed to keep them away from real-world systems, the company said on Thursday. The announcement comes
08:27just days after rival OpenAI first revealed that its models accessed the internet and went rogue during
08:34security testing. Entropics evaluated more than 141,000 evaluation runs and found that three different
08:43versions of its models, known as Cloud, infiltrated other systems. The models involved included one of its
08:51most powerful ones, known as Mythos 5. Cloud used basic techniques such as exploiting weak passwords and
08:59unauthenticated endpoints, the company said. Entropics did not name the three impacted organizations.
09:12Apple has beaten market expectations in its latest quarterly results, generating almost 110 billion dollars in revenue,
09:19up 60% year-on-year. The record June quarter was driven by strong demand, with iPhone sales rising almost
09:2722% to over $54 billion dollars,
09:30and Mac revenue jumping nearly 29%. However, the stellar performance was overshadowed by a weaker outlook.
09:39Apple warned that rising memory chip costs and AI-driven supply constraints will slow current quarter growth to
09:46between 9% and 11%, causing shares to fall by up to 8% in after-hours trading.
09:54The company will also no longer benefit from the tariff refunds that boosted its latest profit margin.
10:01The financial report marks the final earnings call for Chief Executive Tim Cook, who is stepping down after 15 years.
10:08The financial report will also be able to do the best.
10:11Hardware engineering chief John Turnus will take over as Chief Executive on September 1st.
10:22British oil and gas giant BP said on Friday that it had launched a process to market its North Sea
10:29business for a potential sale,
10:31as it looks to focus on its, quote, highest value opportunities. According to a statement, BP said it believes
10:39their North Sea business will be better positioned as part of another company. The announcement came
10:46a day after new UK Prime Minister Andy Burnham signalled that he could take a more flexible approach
10:53to North Sea oil and gas production amid concerns about the UK's energy security and volatile global energy markets.
11:01It also comes amid U.S. President Donald Trump's repeated call on Britain to ramp up oil and gas
11:08production in the North Sea. On Thursday, Burnham said he intended to take, quote,
11:14a pragmatic approach to developing and using the region's resources. BP's North Sea portfolio of the UK
11:22coast comprises five production hubs and employs some 1,100 people.
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