ISTANBUL
Here is a rundown of all the news you need to start Thursday, including NATO pledging nearly $43.5 billion in military aid for Ukraine; Israel killing at least 12 and injuring 78 in airstrikes on southern and eastern Lebanon; EU Foreign Policy Chief Josep Borrell saying the bloc invests 10 times less in military innovation and research compared to the US and Zelenskyy presenting Ukraine’s "victory plan" in a parliamentary address.
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NATO’s new chief announced a military aid package for Ukraine of more than $40 billion, reaffirming the alliance's long-term commitment to bolstering Ukraine’s defense against Russia's war.
Secretary-General Mark Rutte addressed NATO defense ministers and stressed the urgent need to enhance defense industrial capacity and resilience across all domains.
He highlighted that while NATO has made significant progress in munitions production and the manufacturing of military equipment, the current output still falls short.
At least 12 people were killed and 78 injured in Israeli airstrikes across southern and eastern Lebanon, according to Lebanese health authorities. The strikes targeted major towns, including Baalbek and Nabatieh, as well as several densely populated areas in southern Lebanon.
The Lebanese Health Ministry reported that a strike on the Baalbek-Riyaq highway killed two people and injured nine. In a separate strike on a residence in the eastern town of Yammouneh, two more people were killed and 15 injured, according to Lebanon’s official news agency.
The ministry also updated casualty figures from Tuesday’s airstrikes on Qana in southern Lebanon, where three people were killed and 54 injured. Rescue teams are continuing to search the rubble in affected areas.
The EU foreign policy chief said Europe invests 10 times less in military innovation and research compared to the US, affecting its defense capabilities.
"The Europeans all together, we invest on military innovation, research and development 10 times less than the US, exactly 10 times less they invest," Josep Borrell said at the European Defense and Security Conference in Brussels, calling it not enough innovation and investment to cope with competitors.
For the "vicious circle" to be broken, the EU has to replenish the stocks of armies, increase defense capabilities, reduce excessive dependencies and, at the same time, provide military support to Ukraine at the right level.
Ukrainian President Volodymyr Zelenskyy presented to parliament his “victory plan” -- a blueprint to end the war with Russia that has continued since February 2022.
Speaking at the Verkhovna Rada in Kyiv, Zelenskyy outlined five points that formulate the plan, the first of which is an invitation to join NATO.
“We understand that NATO membership is a matter of the future, not the present. But (Russian President Vladimir) Putin must see that his geopolitical calculations are losing,” said Zelenskyy.
NEWS IN BRIEF
SPORTS
Barcelona grabbed an 86-71 win over AS Monaco in Round 3 of the Turkish Airlines EuroLeague in basketball action.
Kevin Punter, Barcelona’s guard, was the high scorer with 21 points at Palau Blaugrana.
"A good and comfortable win, credit to Monaco, but we had to do our business," Punter said after the victory.
Lionel Messi scored a hat-trick as Argentina thrashed Bolivia 6-0 in the 2026 FIFA World Cup qualifiers.
The 37-year-old Miami forward struck three goals, including the opener at Buenos Aires' Mas Monumental.
The former Barcelona and Paris Saint-Germain superstar notched his 10th international hat-trick, and have scored 112 goals in 189 games for Argentina since 2005.
BUSINESS & ECONOMY
Oil prices fell slightly with eased concerns in the Middle East and the prospects of weak demand in China, one of the world's major crude consumers.
The international oil benchmark of Brent crude dropped 0.5% to $73.99 per barrel at 11.03 a.m. (0803GMT), down from the previous session's close of $74.37.
The US benchmark West Texas Intermediate also declined 0.4% to $70.06, compared to $70.38 at the prior session's close.
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