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Here is a rundown of all the news you need to start your Friday, including US Defense Secretary Pete Hegseth announcing a mission to remove “narco-terrorists from our hemisphere,” Syria’s foreign minister saying the full lifting of Caesar sanctions is “only a matter of time,” and Hamas transferring the remains of another Israeli hostage under the Gaza ceasefire deal.
TOP STORIES
Defense Secretary Pete Hegseth announced that the US would embark on a new mission dubbed "Operation Southern Spear" to remove "narco-terrorists from our hemisphere."
"President (Donald) Trump ordered action — and the Department of War is delivering," Hegseth said on the US social media company X’s platform.
"Led by Joint Task Force Southern Spear and @SOUTHCOM, this mission defends our Homeland, removes narco-terrorists from our Hemisphere, and secures our Homeland from the drugs that are killing our people. The Western Hemisphere is America’s neighborhood – and we will protect it," he added.
Syrian Foreign Minister Asaad al-Shaibani said the complete removal of US Caesar Act sanctions is now “a matter of time.”
Speaking during a panel discussion at Chatham House in London, Shaibani said Damascus believes it has shifted global perceptions over the past year.
“In 11 months, we changed the world’s view of Syria and removed the fears that once existed,” he said.
Syria is “exhausted and in a transitional phase,” the minister said, adding the country needs time to “express itself” after years of conflict.
Shaibani said the government’s goal is for Syria to become “a state its people believe in, and not one distant from them.”
The Palestinian group Hamas returned the remains of another Israeli hostage under a Gaza ceasefire agreement, the army said.
An Israeli military statement said the body was transferred to Red Cross teams in southern Gaza and was on its way to Israeli forces inside the enclave.
Hamas said earlier that it will hand over the body Thursday evening in the Morag area north of Khan Younis in southern Gaza.
It has already released 20 Israeli captives alive and handed over the remains of 26 out of 28, most of them Israelis, since the ceasefire took effect on Oct. 10. Israel, however, claimed that one of the received bodies did not match any of its listed captives.
NEWS IN BRIEF
BUSINESS & ECONOMY
Billionaire Jeff Bezos’ space company Blue Origin made a big breakthrough after its New Glenn rocket launched successfully and its booster safely landed on a platform at sea in a significant technological step forward for the firm.
The more than 320-foot (98-meter) tall rocket lifted off from Cape Canaveral in the US state of Florida on Thursday afternoon, completing a smooth stage separation. The launch is an important step for Blue Origin as it tries to compete with Elon Musk’s SpaceX, which dominates the launch industry and has already carried out 11 test flights of its much larger Starship rocket.
US stocks ended with sharp declines as investors continued to exit technology stocks amid concerns over high valuations.
The Dow Jones Industrial Average fell 1.65%, or 797.60 points, to close at 47,457.22.
The Nasdaq decreased sharply by 2.29%, or 536.10 points, to 22,870.36, while the S&P 500 dropped 1.66%, or 113.43 points, to 6,737.49.
The Volatility Index (VIX), also known as the "fear index," rose by 14.22% to 20.00.
Investors have been shifting away from technology and artificial intelligence (AI) companies in particular toward more resilient sectors such as health care, materials and finance, and this shift intensified Thursday.
The US announced new reciprocal trade framework agreements with four Latin American countries that it said are intended to increase access for US exporters and strengthen trade rules, particularly around intellectual property.
Under the agreements, the tariff rate for Ecuador will remain at 15%, while Argentina, Guatemala and El Salvador will remain at 10%, a senior administration official told reporters on a conference call. Specific goods and resources not produced by the US will be granted targeted relief from President Donald Trump's tariffs.
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