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Hungary’s newly elected leader, Peter Magyar, stormed to power last weekend after campaigning to, among other things, take a step back from Russia.

Instead, Magyar has promised voters he will steer Hungary back towards the European Union, following the 16-year rule of far-right Prime Minister Viktor Orban, who went to great lengths to deepen ties with Russia.

Under Orban, Hungary opposed most of the European Union’s stances against Russia and  blocked sanctions and obstructed military aid for Ukraine.

Above all, he and his Fidesz party entrenched Hungary’s reliance on Russian oil.

Now, following a massive electoral turnout and a landslide victory, Magyar – once a devotee of Orban and now leader of the centre-right Tisza party – has promised to end Russian oil imports by 2035. But how realistic a goal is that? And can he achieve it?

How much does Hungary depend on Russia for energy?

Hungary has been central to keeping Russian oil and gas flowing into the EU, even as Europe and the US banned some imports and imposed sanctions on anyone paying more than $60 a barrel for Russian oil.

Following Russia’s invasion of Ukraine, the EU banned seaborne imports of Russian oil but kept land flows legal. That allowed Hungary to continue importing most of its crude by pipeline via Ukraine.

The EU first announced plans to phase out Russian energy imports in May 2022, shortly after Russia’s invasion of Ukraine. In December 2025, a binding agreement was made for member nations to completely phase out Russian oil and gas imports by late 2027. But, instead of diversifying from Moscow, Hungary increased its dependency.

According to a 2026 report by the Center for the Study of Democracy (CSD), Hungary had expanded its reliance on Russian crude from 61 percent in 2021 to 93 percent by 2025.

Much of the crude oil Hungary imports from Russia comes via the Druzhba pipeline. It is one of the key pipelines that ensures the continued flow of Russian crude to both Hungary and Slovakia. At 5,500 km (3,420 miles) long, it begins in Almetyevsk in western Russia and runs into Belarus. It splits at Mozyr, with one branch going to Poland and Germany and the southern branch goes through Ukraine into Slovakia, Hungary and Czechia.

In January, the section of the pipeline running through Ukraine suffered significant damage. Ukraine blamed a Russian airstrike – Moscow denies that.

Hungary and Slovakia have complained that Ukraine has been deliberately slow to repair the damage. As a result, in March, Orban vetoed a 90 billion euro ($106bn) loan from the EU to Ukraine until the pipeline reopens.

On Tuesday this week, Ukraine’s President Volodymyr Zelenskyy said oil will flow again through the conduit by the end of April as he expects the new Hungarian leadership to lift its veto on the loan by then.

As for gas, Hungary remains one of the most dependent EU member states on Russian natural gas, accounting for roughly three-quarters of its annual imports, the CSD report shows.

Since the start of Russia’s invasion, Hungary has imported an estimated 15.6 billion euros ($18.4bn) worth of Russian gas. Long-term contracts with Russia’s state-owned Gazprom, the continued reliance on TurkStream – a natural gas pipeline running from Russia to Turkiye – and “the weak use of alternative interconnectors have locked the country into Russia’s reconfigured gas export system”, the CSD report states.

Nuclear energy dependency is yet another issue. Hungary granted Rosatom, the Russian state nuclear energy corporation, the construction contract for the expansion of its Paks atomic plant, 100km (62 miles) southwest of Budapest on the Danube River. Russia, in turn, provided Hungary with a state loan to finance most of the development of new reactors. The European Commission approved the plan in 2017 and construction started in February.

Now, Magyar says he intends to reassess the project’s financing. But the Paks plant provides 40 to 50 percent of all electricity generated in Hungary. The expansion plans will increase that to between 60 and 70 percent, which would cut reliance on imported energy, but keep Hungary tied to Russia. 

According to a 2025 joint research paper by the Center for the Study of Democracy and the Center for Research on Energy and Clean Air, Hungary could potentially diversify its energy supply by importing non-Russian oil via alternative sources such as the Adria pipeline. It transports crude from the Adriatic Sea to refineries in Croatia, Serbia, Hungary and Slovakia. Their refiners, which are controlled by Hungarian oil and gas company MOL, are capable of processing non-Russian crude, the research paper said.

Russian oil has been coming in at a discounted rate as a result of Western sanctions, so any diversification will likely be more expensive.

Can Hungary wean itself off its dependence on Russian oil?

It won’t be easy, and Magyar knows it. “The geographical position of neither Russia nor Hungary will change. Our energy exposure will also be here for a while,” he said before last weekend’s election. And in an interview with the Financial Times, Magyar insisted that Russian imports should remain an option. “This does not mean that by ending dependence on someone you no longer continue to buy from them,” he said.

Magyar will seek to strike a balance between respecting current contracts with Moscow to ensure Hungary’s energy security, while establishing political distance, said Pawel Zerka, a senior policy fellow at the European Council on Foreign Relations.

“I would expect this government not to be pro-Russia in the sense of going to Moscow and keeping ties with the Russian government, but they don’t have easy options to replace Russian fuel with something else, especially considering the international situation with the Middle East,” Zerka said, referring to the closure of the Strait of Hormuz in the Gulf which has blocked the shipping of 20 percent of the world’s oil and LNG supplies.

Zerka added that the newly elected leader will not have political room to be particularly cordial with Russian President Vladimir Putin, considering the disapproval of Russia by his electoral base. A recent poll by the European Council on Foreign Relations shows that a majority of Tisza’s voters see Russia as an adversary or rival to compete with.

“It will be interesting to see how he combines this with energy needs,” Zerka said.

How does the EU view Hungary’s energy ties to Russia?

The strong energy ties between Russia and Hungary have long caused friction with the EU. Following Moscow’s invasion of Ukraine in 2022, the European bloc has worked to cut imports of Russian oil and gas. Budapest has done the opposite.

In January, the EU passed legislation to completely phase out Russian gas and LNG imports by late 2027.

Orban’s government had called for all restrictions on Russian oil to be lifted as a result of the global energy crisis triggered by the war in the Middle East. While Trump has made some concessions on Russian oil already loaded on tankers at sea – causing several heading for China to head to India instead – EU leaders have maintained they will hold firm on sanctions.

In the lead-up to last weekend’s election, Magyar’s manifesto called the dependence on Russian energy a “systemic risk” and he would wean Hungary off its reliance by 2035. But whether he can do that in time to beat the EU’s 2027 deadline is likely to provoke discussion in Brussels.

Al Jazeera’s Tohid Asadi discusses the prospect that the ceasefire between Israel and Hezbollah in Lebanon could lead to a comprehensive deal between the US and Iran to end regional hostilities.

President Lee Jae Myung on Friday shared a news report that a South Korean oil tanker exited the Red Sea, marking the first shipment of crude oil to the nation since the blockade of the Strait of Hormuz.

Earlier in the day, the nation’s fisheries ministry reported that the tanker carrying crude oil from Saudi Arabia exited the Red Sea, as the Strait of Hormuz has been effectively closed amid the prolonged war in the Middle East.

“It is good news that our vessel is transporting crude oil via the Red Sea for the first time since the blockade of the Strait of Hormuz,” Lee wrote in his social media post.

He described the safe passage as a “valuable achievement” made possible through close coordination among relevant ministries and the dedication of seafarers under difficult circumstances.

“The government is mobilizing all available resources to address the crisis stemming from the war in the Middle East,” Lee said, pledging to safeguard people’s livelihoods and national interests.

South Korea has been exploring ways to ship crude oil via the Red Sea, an alternative route, as the Strait of Hormuz, a critical maritime chokepoint, has been effectively closed amid the Middle East conflict.

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The International Monetary Fund has downgraded its global growth forecast for 2026 from 3.3 to 3.1 percent, citing the impact of the United States-Israeli war on Iran and the shutdown of the Strait of Hormuz on the world economy.

The war has damaged energy infrastructure across the Gulf, while critical exports like oil, gas, chemicals and fertiliser remain largely stranded by Iran’s shutdown of the strait and the subsequent US naval blockade of Iranian ports.

In the worst-case scenario of a prolonged war, the IMF said global growth could fall to 2.5 percent in 2026, with low-income and developing economies hit the hardest by soaring commodity and energy prices. The global shipping and logistics industry is facing a separate crisis.

But every economic crisis also has beneficiaries: despite the dire macroeconomic outlook, some corners of the global economy are thriving on the uncertainty.

Here’s a look at five industries that are doing well either despite – or because of – the darkening economic outlook.

Wall Street investment banks

Global investors have been on a rollercoaster since the start of US President Donald Trump’s second term last year. The president’s erratic decision-making, where he often issues an ultimatum one day and then changes it the next, has led traders to coin the term “TACO trade”, where TACO stands for “Trump Always Chickens Out”.

The recent volatility has made some investors anxious, but it’s been a boon to investment banks, which make millions in commissions and revenue from the surging volume of trade, according to Sean Dunlap, a director of equity research at Morningstar Research Services.

“Clients want to reposition, so they trade frequently,” he told Al Jazeera. “Spreads tend to increase, which increases the profitability for trade intermediaries like banks.”

First-quarter results for 2026 – released this week – showed that Morgan Stanley reported a profit of $5.57bn, up 29 percent year on year, while Goldman Sachs reported a profit of $5.63bn, up 19 percent year on year.

JP Morgan Chase also reported major gains, with first-quarter earnings of $16.49bn, up 13 percent year on year. The banks all cited high levels of trading, deal-making, and “robust client engagement” as the reasons behind surging profits.

The boomtime for banks could reverse course, however, if volatility persists for too long, Dunlap warned, because investors may become increasingly cautious and less willing to borrow money to make trades.

Prediction markets

As mainstream Wall Street banks reap profits, the crypto-based prediction platform Polymarket has been earning upwards of $1m a day since the start of the month by letting users make peer-to-peer bets on everything from sports tournaments to elections.

Polymarket has been doing well since the start of the war, but it revised its fee structure on March 30 to cash in even more on its popularity.

Rival platforms like Kalshi, Novig and Robinhood also follow the same business model, but Polymarket has been the standout winner of 2026 because it controversially allows users to bet on the outcome of conflicts like the Iran war.

Polymarket revised its fee structure on March 30 to cash in on its popularity. The change has already netted the platform more than $21m in fees since April 1, up from $11.6m for all of March and $6.23m for all of February, according to DefiLlama, a website that provides data analysis for decentralised finance platforms.

If the current trend continues, Polymarket could make $342m in fees this year alone, according to DefiLlama’s analysis.

Anonymous users have also made millions correctly predicting the dates of major events like the US-Iran ceasefire, but the outcomes for rank-and-file users are typically less impressive.

Researchers found that the top 1 percent of Polymarket users captured 84 percent of all trading gains, according to a new report released this month analysing 70 million trades from 2022 to 2025. The returns are so high that US federal regulators have pledged to crack down on insider trading in prediction markets following suspiciously well-timed bets on Iran war outcomes.

Aerospace and defence

Unsurprisingly, the aerospace and defence industries are booming this year due to major conflicts in Ukraine, Iran, Sudan, Gaza and Lebanon and a surge in global defence spending.

About half of the world’s countries have increased their military budgets over the past five years, according to an April report from the IMF, which means they are also buying everything from drones to missiles — more than ever before. Demand is growing particularly fast in Europe, where NATO countries have committed to raising defence spending to 5 percent of gross domestic product (GDP) by 2035.

The defence industry has, in turn, seen major gains on the stock market. The MSCI World Aerospace and Defence Index – which tracks aerospace and defence stocks across 23 global markets – reported net returns of 32 percent year on year at the end of March.

The defence index outpaced the MSCI World Index, which tracks 1,300 large and mid-cap companies across the same 23 markets. The index, which gives a broader overview of global stock markets, reported net returns of 18.9 percent over the same period.

Artificial intelligence

Last year, the United Nations Trade and Development (UNCTAD) office predicted that the AI industry would grow from $189bn in 2023 to $4.8 trillion by 2033, and the Iran war does not seem to have dented the outlook.

“Despite the shocks from the Iran war, we’re still seeing resilience in a lot of sectors like artificial intelligence and renewable energy,” said Nick Marro, lead analyst for global trade at the Economist Intelligence Unit.

One metric for the AI boom has been the high volume of semiconductor chips still being exported out of East Asia, he said. At the top of the chart is chipmaking powerhouse Taiwan, which reported record-breaking merchandise exports of $80.2bn in March, up 61.8 percent year on year, according to EIU analysis.

The surge was led by exports to the US, which grew by 124 percent year on year, the EIU said.

Taiwan Semiconductor Manufacturing Company, the world’s top chipmaker better known by its acronym “TSMC,” on Thursday posted a net income of 572.8 billion New Taiwan Dollars (NTD) ($18.1bn) for the first three months of 2026 – up 58 percent year on year in NTD.

Another metric, initial public offerings or “IPOs,” also shows that the industry is confident for the moment, with industry leaders Anthropic and OpenAI both planning to go public this year.

Renewable energy

The Iran war has highlighted the need to transition from fossil fuels not only for environmental reasons, but also for reasons of energy security. The war marks the third major energy shock this decade, following the COVID-19 pandemic and the 2022 Russian invasion of Ukraine.

The Iran war has “boosted” renewable energy “given the urgency to switch away from fossil fuels and diversify towards renewable sources,” Marro of the EIU said.

Even before the Iran war began, the International Energy Agency reported that global governments were already taking active measures to invest in renewable energy for geopolitical reasons.

According to an IEA report released this month, “150 countries have active policies to advance renewable and nuclear deployment, 130 have energy efficiency and electrification policies, and 32 have policies to incentivise supply chain resilience and diversification across critical minerals and clean energy technologies.”

The Iran war has triggered another flurry of policymaking in Asia, which typically buys 80 to 90 percent of the oil and gas that transits through the Strait of Hormuz. Since the shutdown, the region has been struggling to find alternative sources of energy, forcing governments to deploy emergency measures like fuel rationing and price caps.

South Korea, Thailand, India, Cambodia, Indonesia, Vietnam and the Philippines have all announced a variety of measures from tax breaks for at-home solar panels to commissioning new renewable energy projects – and even restarting nuclear reactors.

The surge in policymaking has been good for the renewable industry. The S&P Global Clean Energy Transition Index, which tracks 100 companies that produce solar, wind, hydro, biomass and other renewable energy across emerging and developed markets, is up 70.92 percent year on year.

April 17 (UPI) — All above-ground construction of the White House ballroom must be stopped amid litigation, a federal judge ordered Thursday, reprimanding the Trump administration for trying to justify continued work on the building as necessary for national and presidential security concerns.

“National security is not a blank check to proceed with otherwise unlawful activity,” U.S. District Judge Richard Leon said.

The ruling comes almost three weeks after Leon issued a preliminary injunction against the $400 million project, finding that construction at the White House requires congressional approval. While ordering the construction halt amid appeal, Leon carved out an exception for the government to continue underground work deemed necessary for the White House’s safety and security.

That prompted litigation over the scope of the carve-out and the Trump administration argue that construction of the ballroom above ground was needed as security elements ran through the entire facility.

“Defendants argue that the entire ballroom construction project, from tip to tail, falls within the safety-and-security exception and therefore may proceed unabated. That is neither a reasonable nor a correct reading of my order!” Leon said Thursday.

“It is, to say the least, incredible, if not disingenuous, that defendants now argue that my order does not stop ballroom construction because of the safety-and-security exception!”

The federal government has filed an appeal against the Thursday ruling.

“We are pleased the court upheld the preliminary injunction and halted above-ground construction of the White House ballroom until Congress approves the project,” Carol Quillen, CEO and president of the National Trust for Historic Preservation, which filed the initial lawsuit, said in a statement.

Trump has said building a White House ballroom has been his dream since before he was president, and has said its price tag, which has ballooned from an initial $200 million, is to be covered by private donors.

In December, as construction was underway following the October demolition of the East Wing, the National Trust for Historic Preservation sued to stop the project, arguing U.S. law mandates the project be authorized by Congress, resulting in the March 31 injunction and the Trump administration filing an appeal.

After the Thursday ruling, Trump chastised Leon in a series of posts on his Truth Social platform, calling him an “out of control Trump hating” judge whose ruling “severely jeopardizes the lives and welfare of the people who work, and will be working, at the White House.”

“The underground doesn’t work, isn’t necessary and would indeed be useless without the above-ground section,” he said in a Truth Social post.

“This highly political Judge, and his illegal overreach, is out of control, and costing our Nation greatly,” he said in another statement.

“This is a mockery of our Court System! The Ballroom is deeply important to our National Security, and no judge can be allowed to stop this Historic and Militarily Imperative Project.”

April 17 (UPI) — On this date in history:

In 1421, the sea broke the dikes at Dort, Holland, drowning an estimated 100,000 people.

In 1521, the Roman Catholic Church excommunicated Martin Luther after he refused to admit to charges of heresy.

In 1790, U.S. statesman, printer, scientist and writer Benjamin Franklin died in Philadelphia at age 84.

File Photo by Kevin Dietsch/UPI

In 1912, the sister ship of the doomed RMS Titanic, the Olympic, radioed in that survivors of the ocean liner sinking were rescued and safely on board the RMS Carpathia.

In 1961, a force of anti-Castro rebels began the Bay of Pigs Invasion in an attempt to overthrow Cuba’s new communist government.

In 1964, Jerrie Mock of Columbus, Ohio, became the first woman to complete a solo flight around the world.

In 1969, a jury found Sirhan B. Sirhan guilty of first-degree murder for the assassination of Sen. Robert F. Kennedy.

File Photo by Ron Bennett/UPI

In 1970, with the world anxiously watching on television, Apollo 13, a U.S. lunar spacecraft that sustained a severe malfunction on its journey to the moon, safely returned to Earth.

In 1989, the Polish labor union Solidarity was granted legal status after nearly a decade of struggle and suppression — clearing the way for the downfall of the country’s Communist Party.

In 1993, a federal jury convicted two Los Angeles police officers and acquitted two others of violating the civil rights of Rodney King during his 1991 arrest and beating.

In 2004, the Israeli army confirmed it had killed Abdel Aziz Rantisi, Hamas co-founder and its leader in Gaza, in a missile strike. Two others also died with Rantisi, who had opposed any compromise with Israel.

In 2012, U.S. investor Warren Buffett, one of the world’s wealthiest people, said he had been diagnosed with prostate cancer.

File Photo by Molly Riley/UPI

In 2013, an explosion at a West, Texas, fertilizer plant killed 15 people, injured dozens and caused massive property damage in the community.

In 2018, former first lady Barbara Bush died at the age of 92 after refusing medical treatment for her failing health. Her husband, former President George H.W. Bush, died less than one year later.

In 2024, Russian missile strikes targeting the northern Ukrainian city of Chernihiv killed more than a dozen people and injured scores more.

File Photo by State Emergency Service/EPA-EFE

April 16 (UPI) — Health and Human Services Secretary Robert F. Kennedy, Jr. on Thursday testified before seven congressional committees, often clashing with Democrats about decisions he has made about vaccines and department priorities.

The testimony is Kennedy’s first trip to the Capitol this year and the first time that he has appeared before Congress in more than seven months, The Washington Post reported.

In addition to unilaterally remaking the Center for Disease Control and Prevention’s vaccine advisory committee and the agency’s recommended childhood vaccine schedule — which were blocked by a federal judge in March — he has changed the Food and Drug Administration‘s recommendations on diet and shepherded medications through federal approval processes while allegedly ignoring data on them.

Kennedy also was asked by members of Congress about the Trump administration’s 12.5% budget request decrease, which amounts to about $16 billion that it sought for its fiscal year 2027 budget proposal, NPR reported.

“Our children are the sickest generation in modern history — decades of failed policy, captured agencies and profit-driven systems have caused it,” Kennedy said during a hearing before the House Ways and Means Committee.

“Parents across this country demanded change — and we are delivering it,” he said.

Kennedy said that the measles vaccine “certainly” could have saved the life of a child who died in Texas last year during an outbreak in the state.

More than 1,700 measles cases have been reported through the first 3 1/2 months of 2026, compared to more than 2,200 reported in all of 2025.

He also was asked by Rep. Linda Sanchez, D-Calif., about ending an influenza vaccine public awareness campaign while investing money in marketing efforts for his remade food pyramid.

“You suspended this pro-vaccine messaging campaign, but somehow you’re spending taxpayer dollars to drink milk, shirtless in a hot tub with Kid Rock?” Sanchez asked.

Kennedy also was accused of “diminishing science” by Rep. Bradley Scott, D-Ill., with his support for $5.7 billion in cuts to the National Institutes of Health meant for drug development.

“Nobody wants to make the cuts,” Kennedy said in response to several questions about reducing the HHS budget, but said the nation needs “to tighten our belt” because of the national debt, which he blamed on Congress.

‘We can do whatever we want’.
US President Donald Trump has described the war on Iran which has killed more than 2,000 people as a ‘little diversion’. Speaking in Las Vegas, he said it was ‘going swimmingly’ and ‘should be ending pretty soon’.

April 16 (UPI) — The Trump administration on Thursday announced visa restrictions on 26 people across the Western Hemisphere as the State Department unveiled a “significant expansion” of an existing policy to deny entry to those accused of working with U.S. adversaries to undermine Washington’s interests in the region.

Those blacklisted were not identified in the State Department release, which said they were being punished for destabilizing U.S. regional security efforts, undermining U.S. economic interests, conducting influence operations targeting the sovereignty and stability of nations in the region or enabling adversaries to acquire or control key assets and strategic resources in the hemisphere.

“President Trump’s National Security Strategy makes clear: this Administration will deny adversarial powers the ability to own or control vital assets or threaten the security and prosperity of the United States in our region,” a State Department spokesperson said.

“The Department of State is working to advance American leadership in our hemisphere, protect our homeland and ensure access to vital routes and areas throughout our region.”

The blacklisting was permitted as the State Department said it was announcing “a significant expansion” of an existing visa restriction policy, one first announced in early September, permitting the Trump administration to deny visas to Central American nationals accused of undermining the rule of law in the region on behalf of China.

The move comes as the Trump administration seeks to expand its influence in the Western Hemisphere. Under what some administration officials have called the “Donroe Doctrine,” Trump has sought to reassert U.S. dominance in the region in the Western Hemispher and push back on foreign influence, invoking a modern corollary to the Monroe Doctrine of the 1820s.

That initial policy specifically targeted those in Central America who collaborated with the Chinese Communist Party, while the expansion includes anyone in the Western Hemisphere who aids any of the United States’ adversaries.

China protested the earlier version of the policy in November. In a statement from its embassy in Washington, Beijing said the United States imposed visa restrictions on nationals from Panama and other Central American nations over their ties to China.

“Turning visas into political leverage runs against #UN Charter and the principles of sovereign equality and non-interference,” the embassy said. “Central America is no one’s backyard.”

There are scenes of celebration on roads in southern Lebanon as people begin driving back to their homes as the ceasefire with Israel takes hold. Israeli forces had continued to bomb the south up until the midnight truce began.

April 16 (UPI) — The House on Thursday passed a bill to extend temporary protected status for people from Haiti who are living in the United States through 2029.

Rep. Ayanna Pressley, D-Mass., who is co-chair of the House Haiti Caucus, introduced a discharge petition to advance a bill to extend protection for Haitian nationals.

The legislation was initially introduced by Rep. Laura Gillen, D-N.Y., whose Long Island district — as well as the rest of Long Island and New York City — have large Haitian populations, and is the first bill she introduced after her election to the House.

After the discharge petition succeeded, with bipartisan support, the bill passed the full House with 10 Republicans voting in support of it.

“This is a critical step forward in our fight for immigrant justice and delivering our Haitian neighbors the protections they deserve — and it’s a testament to the strength of our broad, diverse and bipartisan coalition,” Pressley said in a statement after the motion to discharge was agreed to.

“I am grateful to my colleagues on both sides of the aisle who supported our discharge petition,” she said.

After the vote, Gillen in a statement encouraged the Senate “to take up this measure and show the compassion and good sense to protect our Haitian community members.”

“Not only would this threaten the lives of our neighbors, it would also have a devastating effect on our economy,” Gillen said, noting that the extension protects “law-abiding and tax-paying Haitians who would face horrific condition if forced back to Haiti.”

The bill, however, faces a battle in the Republican-run Senate and, if it does get passed, the White House has indicated that it will veto the legislation, reports have said.

Although former Homeland Security Secretary Kristi Noem had attempted to end TPS for at least half a million Haitians last Fall, a judge in February blocked the Trump administration from carrying it out.

As a result of the ruling, TPS for people from Haiti expired on Feb. 3, its original expiration date, according to U.S. Citizenship and Immigration Services, which Pressley said made the discharge petition to force a vote on the bill so crucial.

The Supreme Court also is due to rule on the Trump administrations efforts to end TPS for Haitians, as well as for people from Syria, who have protected status because of the dangerous situation in that country.

A 10-day ceasefire between Israel and Lebanon has gone into effect. It began at midnight local time (21:00 GMT on Thursday), after being announced by US President Donald Trump.

The proposed 76-metre arch would tower over other iconic landmarks in Washington, DC, and has attracted scrutiny.

United States President Donald Trump’s goal of erecting a colossal arch in Washington, DC, has taken another step forward, with a key agency approving his proposed design for the monument.

The US Commission of Fine Arts, whose members were appointed by Trump, gave its go-ahead to the president’s design for a lofty 76-metre-high (250-foot) arch.

If given final approval, the arch would be built on Memorial Circle, between the Arlington National Cemetery and the Lincoln Memorial. It would tower above other landmarks in the national capital.

White House spokesperson Davis Ingle hailed the commission’s approval as a “step in accomplishing President Trump’s promise to the American people from the campaign trail — to Make America Safe and Beautiful Again”.

But the arch has faced criticism, including for potentially obscuring views of the national cemetery, a resting place for war veterans.

Public Citizen Litigation Group is representing some Vietnam War veterans in a lawsuit against the proposed construction, which they argue needs congressional approval.

Even the vice chair of the Commission of Fine Arts, James McCrery II, suggested that Trump’s proposed “Triumphal Arch” ditch the winged statue and eagles on its top. He also opposed the lions at its base, pointing out that African animals are “not a beast natural to the North American continent”.

The enormous arch is another effort by the US president to leave his mark on the physical landscape of Washington, DC.

In January, he told reporters he wants the arch to be the “biggest one of all”. The commission still needs to vote on final approval for the proposal after reviewing updated designs.

Current plans show the arch would be significantly larger than the Lincoln Memorial, which is 99 feet (30 metres) tall, and about twice as tall as the famous Arc de Triomphe in Paris, which the design resembles.

The phrases “One Nation Under God” and “Liberty and Justice for All” would be written in gold lettering atop either side of the monument.

About three out of every four people who delivered public comments about the project expressed opposition, many of them citing its enormous size.

But the arch is one of several Trump projects that have received public pushback.

Trump has sought to paint the granite of the Eisenhower Executive Office Building white, and his allies plan to close the Kennedy Center for the Performing Arts, a national theatre complex, for two years of renovations, after adding Trump’s name to the exterior.

One of the most permanent changes so far has been the abrupt demolition of the White House’s East Wing, in order to make room for an enormous ballroom, long one of Trump’s priorities.

But that project is likewise entangled in legal battles, with critics arguing that congressional approval is required.

On Wednesday, Judge Richard Leon clarified that construction on underground structures at the ballroom site could continue, as part of an exemption he previously allowed for national security concerns.

But he maintained his short-term injunction against construction on the ballroom itself, batting down Trump’s position that the whole project should proceed.

“Defendants argue that the entire ballroom construction project, from tip to tail, falls within the safety-and-security exception and therefore may proceed unabated,” Leon wrote in Thursday’s ruling.

“That is neither a reasonable nor a correct reading of my Order!”

The president responded on social media by calling Leon an “out of control Trump hating” judge. Leon was appointed in 2002 under Republican President George W Bush.

Lebanon’s residents say they are wary of trusting that Israel will abide by the ceasefire agreement announced by US President Donald Trump. Al Jazeera’s Justin Salhani reports from Beirut where residents tell him they are not celebrating.

The company’s stock plunged about 8 percent on the news of Hastings’s departure.

Netflix Chairman Reed Hastings is leaving the streaming service he cofounded 29 years ago as the company regains its footing after it lost its $72bn deal for Warner Bros Discovery to Paramount Skydance.

In a letter to investors released on Thursday, Netflix said Hastings will not stand for re-election at its annual meeting in June and plans to focus on philanthropy and other pursuits.

The company’s stock plunged about 8 percent on the news of Hastings’s departure. The cofounder is credited with helping to revolutionise how movies and television shows are delivered in homes, upending Hollywood’s business model.

“Netflix is growing revenues double-digits, expanding margins in 2026 and gushing free cash flow,” said LightShed Partners media analyst Richard Greenfield. “While the Q1 was uneventful financially, the departure of Reed Hastings has spooked investors.”

Netflix reaffirmed in a 14-page shareholder letter that its mission remains “ambitious and unchanged” – to entertain the world, providing movies and series for many tastes, cultures and languages. The company’s full-year outlook remained unchanged.

The company did not say how it plans to spend the $2.8bn termination fee it received after losing the Warner Bros movie studio and HBO, and lifted its earnings per share to $1.23 in the first quarter compared with 66 cents per share in the same quarter last year.

Revenue rose to $12.25bn, an increase of 16 percent from the year-ago period, modestly exceeding analyst forecasts of $12.18bn.

Netflix, which long told investors that a Warner Bros acquisition was a “nice to have, not need to have” proposition, highlighted areas of future growth.

The company said its investment in expanding its entertainment offerings, with video podcasts and live entertainment – such as the World Baseball Classic in Japan – is driving engagement.

It plans to use technology to improve the user experience and improve monetisation, as advertising revenue remains on track to reach $3bn in 2026 – a twofold increase from a year ago.

April 16 (UPI) — President Donald Trump announced that Israel and Lebanon agreed to a 10-day cease-fire starting at 5:00 p.m., pausing Israel’s six-week war on Hezbollah in that country.

Trump spoke with Lebanese President Joseph Aoun and Israeli Prime Minister Benjamin Netanyahu on Thursday, both leaders confirmed, and agreed to the cease-fire and to work toward a more permanent peace between their countries.

Aoun and Netanyahu spoke to each other separately because Aoun declined to participate in a call with the Israeli leader because Israel was still bombing Lebanon, CNN reported.

“These two Leaders have agreed that in order to achieve PEACE between their Countries, they will formally begin a 10 Day CEASEFIRE,” he said in a post on Truth Social.

Vice President J.D. Vance, Secretary of State Marco Rubio and Joint Chiefs of Staff Chairman Dan Caine have been directed to work with officials of both countries to achieve a more lasting peace.

Lebanese Prime Minister Nawaf Salam in a statement thanked the United States, France, the European Union, Saudi Arabia, Egypt, Qatar and Jordan for helping to accomplish the cease-fire he had pursued “since the first day of the way,” NBC News reported.

After the United States and Israel launched the Iran war, Israel also launched offensives against the Iran-backed militia Hezbollah in Lebanon, from which it often launches attacks at Israel.

This week, delegates from the neighboring countries conducted diplomatic talks for the first time since 1993, meeting in Washington, D.C., to discuss a cease-fire and the larger issue of Hezbollah’s hijacking of Lebanese lands in order to target Israel.

Netanayhu said Thursday in a video statement that Israeli forces would “remain in a 10-kilometer security zone, which will allow us to prevent infiltration into communities and anti-tank missile fire.”

Calling the negotiations potentially historic, Netanyahu said that Israel’s chief goal is to disarm Hezbollah and its ability to invade or launch weapons across the Lebanese border into Israel.

“That is where we will remain,” he said. “We are not leaving.”

After the diplomatic talks on Wednesday, Rubio reinforced that a key part of the meeting and now peace talks between the two nations is to end Hezbollah’s destabilizing influence in Lebanon and the wider Middle East.

“We have to remember the Lebanese people are victims of Hezbollah,” Rubio said, also noting that accomplishing a lasting peace “will take time.”

SEOUL, April 16 (UPI) — South Korea’s Penetrium Bioscience unveiled a novel approach to cancer treatment that targets the environments surrounding tumors. That announcement came during a press conference in Seoul on Thursday.

The company said that its drug candidate, Penetrium, developed by its major shareholder CNPharm, is designed to overcome a key problem of traditional cancer treatments — drug resistance caused by “sublethal” dosing.

Thus far, such resistance has been attributed to genetic mutations within cancer cells. However, Penetrium Bioscience shifted its focus to the tumor microenvironment, which it identified as a critical factor behind inadequate dosing.

Its rationale is that cancer cells can undergo adaptive changes, which reinforce the physical and metabolic barriers of the tumor microenvironment, enabling them to withstand further treatment.

Based on this concept, the company said that it has targeted the “soil,” which means the environment surrounding cancerous cells, rather than the “seed,” or the tumors themselves.

Penetrium aims to disrupt this process, and the company noted that its mechanism has been checked by three independent institutes, including Seoul National University Hospital and KAIST, one of Korea’s leading science and engineering universities.

“Penetrium is the ideal strategic partner capable of restoring drug efficacy by overcoming the sub-lethal dose limitations faced by targeted anticancer therapies from global big pharmaceutical firms,” Penetrium Bioscience CEO Cho Won-dong told the press meeting.

“This research will usher in a new era for targeted cancer treatments,” he added.

Penetrium Bioscience plans to present its research findings at the upcoming AACR Annual Meeting 2026, one of the world’s most prominent scientific conferences on cancer research.

Hosted by the American Association for Cancer Research, the yearly event is scheduled to begin Friday and run through Wednesday in San Diego.

The share price of Penetrium Bioscience dipped 9.55% on the Seoul bourse on Thursday.

European football’s governing body has already rejected one appeal by Barca about their quarterfinals against Atletico.

Barcelona have lodged another complaint with UEFA, after their protest about a handball incident in the first leg of their Champions League quarterfinal defeat to Atletico Madrid was rejected this week.

The Spanish club said in a statement on Thursday that several refereeing decisions across both legs of the tie, which Atletico won 3-2 on aggregate, “did not comply with the Laws of the Game, resulting from an incorrect application of the regulations and a lack of appropriate intervention by the VAR system in incidents of clear significance”.

The Catalan club, which finished both matches with 10 men after the dismissals of Pau Cubarsi and then Eric Garcia, believe they were on the wrong end of several contentious decisions, including two potential penalty situations that did not trigger VAR intervention.

“The accumulation of these errors had a direct impact on the course of the matches and on the final outcome of the tie, causing significant sporting and financial harm to the club,” the reigning Spanish champions added.

Barcelona said the club “reiterates the requests previously made to UEFA” and offer to “collaborate with the organisation with the aim of improving the refereeing system to ensure a more rigorous, fair and transparent application” of the regulations.

On Tuesday, UEFA had rejected as “inadmissible” the five-time Champions League winners’ initial complaint regarding a handball on a goal kick by Atletico defender Marc Pubill in the first leg, which his side won 2-0.

April 16 (UPI) — Venezuelan interim President Delcy Rodríguez has hired U.S. attorney and lobbyist Jihad M. Smaili to represent her interests in Washington and support groundwork for a possible presidential campaign, according to filings with the U.S. Department of Justice.

Records filed under the Foreign Agents Registration Act show Smaili will act as a foreign agent for Rodríguez, including assisting with her “future political campaign” ahead of Venezuela’s next presidential election, though no date has been set for the vote.

According to the filing, Smaili will represent Rodríguez in pending and future litigation involving Petróleos de Venezuela, S.A., Citgo and creditor claims. He will also provide daily advice on matters involving the U.S. State Department and the White House, independent news organization Efecto Cocuyo reported.

The contract said Smaili will “provide daily advice and counsel to the foreign principal on matters involving the Department of State and the president of the United States, including advice on how to strengthen and advance the current relationship for the benefit of the Venezuelan people.”

The agreement also describes Rodríguez as a candidate in Venezuela’s upcoming presidential elections and includes support for her “future political campaign.”

The move comes shortly after the United States lifted personal sanctions on Rodríguez and recognized her as a legitimate authority in Venezuela’s political transition.

According to Infobae, Smaili also will advise on retaining law firms involved in litigation tied to oil companies, as well as creditor claims related to cases involving the Revolutionary Armed Forces of Colombia, or FARC.

Citgo, PDVSA’s U.S.-based refining and marketing subsidiary, is at the center of multiple creditor disputes as international claimants seek to seize the asset to satisfy unpaid Venezuelan debts. A federal court in Delaware has authorized the sale of shares in the company to help cover claims totaling about $20 billion.

U.S. victims of FARC-related violence are also seeking to participate in the auction and recover about $318 million in damages.

April 16 (UPI) — Florida Gov. Ron DeSantis has delayed a special session he called for the state legislature to work on redrawing the state’s U.S. congressional districts.

The session was scheduled to take place next week, but DeSantis said Wednesday it would now happen on April 28 to give the governor’s office more time to work on its proposal, The New York Times reported.

He also called legislators back to work to vote on a bill to give parents more freedom to opt out of giving their children school-mandated vaccines and one to protect minors from artificial intelligence, Politico reported. DeSantis called on lawmakers to return to Tallahassee from April 28 to May 1.

DeSantis issued a proclamation in January calling for the special session to reconsider the state’s congressional map.

“Every Florida resident deserves to be represented fairly and constitutionally,” he said at the time.

DeSantis said the redistricting would better ensure that race was not a predominant factor in determining congressional districts. He referenced a Supreme Court case in which Louisiana lawmakers were accused of creating a congressional district comprising mostly racial minorities.

Florida has 28 seats in the U.S. House, gaining one in 2022 after the 2020 census. Republicans hold 20 seats and Democrats have 8.

April 16 (UPI) — Former Virginia Lt. Gov. Justin Fairfax and his wife, Cerina, are dead from an apparent murder suicide in their home in Annandale, Va.

Justin Fairfax, 47, shot and killed Cerina in the home and then shot himself, police said. The couple’s two teenage children were home, and their son called 911 shortly after midnight Thursday.

Fairfax County Police Chief Kevin Davis said the same gun appears to have been used in both shootings.

The couple had been in an ongoing domestic dispute from “what seems to be a complicated or messy divorce,” Davis said. Fairfax had recently been served paperwork that said when he was next scheduled for court in the divorce, Davis said.

Detectives have reviewed footage from inside the home that came from “a lot of cameras” that were set up as part of the divorce, Davis said. He added that a January call to police alleging his wife assaulted him were not corroborated.

“So tragic for the children to lose both parents, extra tragic for them to actually be in the home when it occurred,” Davis said. “Certainly a fall from grace for a relatively high-profile family that seemingly had a lot of things going in their favor.”

Family members are caring for the children with help from the Fairfax County Police Department’s victim services division, Davis said.

“Half of America probably goes through divorce proceedings at some point in time and very, very rarely, thankfully, does it ever end up like this,” Davis said. “So, very sad for this community … a lot of people who know the Fairfax family — everybody’s shocked. We’re shocked.”

Fairfax, a Democrat, was lieutenant governor under Gov. Ralph Northam from 2018 to 2022. He ran for governor in 2021. He faced sexual assault allegations in 2019.

After his time in office, he returned to practicing law. Cerina Fairfax was a dentist.

Modern warfare has dramatically changed as we have seen from the Russia-Ukraine war, conflicts involving Gaza, India and Pakistan, and the recent US-Israeli strikes on Iran. At the centre of this shift is a surging global reliance on drone and missile technology as well as advanced air defence systems.

Turkiye, one of the largest military powers in the Middle East, is increasingly positioning itself as a major supplier in the global defence sector. Central to this effort is Roketsan, a company founded in 1988 to supply the Turkish Armed Forces, which has since evolved into the country’s primary manufacturer of missile and rocket systems.

Currently exporting to approximately 50 countries, the firm is one of the fastest-growing defence companies globally.

So how did Roketsan secure a large share of the global arms trade?

Bypassing Western embargoes

Turkiye’s defence expansion was largely accelerated by restrictions placed upon it. Western embargoes aimed at halting its military advancement meant Ankara could not acquire the necessary technical systems or components.

In 2020, the United States imposed Countering America’s Adversaries Through Sanctions Act (CAATSA) restrictions on Turkiye – a key member of the transatlantic military alliance NATO. These sanctions targeted Turkiye’s military procurement agency, its chief Ismail Demir, and three other senior officials. Washington also ejected Ankara from the F-35 stealth jet programme in July 2019.

The measures came after Ankara purchased Russia’s S-400 missile defence system, which was seen as a potential threat to NATO security. The European Union also prepared limited sanctions and discussed restricting arms exports following energy exploration disputes in the Eastern Mediterranean.

To circumvent this, the country built an integrated, domestic defence ecosystem. Today, Turkiye relies on a vast supply chain of nearly 4,000 small and medium-sized enterprises (SMEs) scattered across the country. As a result, the Turkish defence industry now operates with a local production rate exceeding 90 percent.

This shift has yielded significant financial returns for Ankara. In 2025, Turkiye’s defence industry reported $10bn in exports. Roketsan’s General Manager Murat Ikinci told Al Jazeera that the company currently ranks 71st among global defence firms, with ambitions to break into the top 50, then the top 20, and ultimately the top 10.

To support this expansion, Turkish President Recep Tayyip Erdogan inaugurated several large-scale facilities last week, including:

• Europe’s largest warhead facility.
• new research and development (R&D) centre housing 1,000 engineers.
• the “Kirikkale” facility dedicated to rocket fuel technology.
• new infrastructure for the mass production of ballistic and cruise missiles.

These projects represent a $1bn investment, with the company planning to inject an additional $2bn to expand mass production capabilities.

The ‘Tayfun’ and modern warfare

Roketsan’s R&D strategy – which employs 3,200 engineers and makes the company the third-largest R&D institution in Turkiye – is heavily influenced by data gathered from ongoing global conflicts.

According to Ikinci, the war in Ukraine highlighted the impact of cheap, first-person view (FPV) and kamikaze drones supported by artificial intelligence. In response, Roketsan developed air defence systems like “ALKA” and “BURC,” alongside the “CIRIT” laser-guided missile.

The regional landscape was further complicated during the US-Israel war on Iran, as cheap Iranian-designed Shahed drones – recently upgraded by Russia with “Kometa-B” anti-jamming modules – overwhelmed defences and even struck a British base in Cyprus in March 2026. During the same month, NATO air defences were forced to intercept three Iranian ballistic missiles that entered Turkish airspace.

Meanwhile, the recent conflict between Israel and Iran showcased the use of complex attacks combining ballistic missiles with “swarms” of kamikaze drones designed to overwhelm air defences. This environment makes hypersonic technology a critical asset.

This brings the Tayfun (Typhoon) project into focus. Tayfun is a developing family of long-range ballistic missiles. Its most advanced iteration, the Tayfun Block 4, is a hypersonic missile engineered to penetrate advanced air defence systems by travelling at extreme speeds.

When Al Jazeera asked for specific details regarding the Tayfun’s exact operational range, Ikinci was elusive. “We avoid mentioning its range; we just say its range is sufficient,” he noted.

Similarly, historical Western sanctions have pushed Turkiye to form new cooperation initiatives, effectively accelerating an “Eastern shift” away from Western defence dependence. Turkish drones are now being used by a growing number of countries, including by Pakistan during its war against India last May.

Based on these threat assessments, Roketsan has prioritised five key areas of production:

1. long-range ballistic and cruise missiles.
2. air defence systems, including the “Steel Dome”, Hisar-A, Hisar-O, and Siper.
3. submarine-launched cruise missiles, utilising the AKYA system to leverage Turkiye’s large submarine fleet.
4. smart micro-munitions designed specifically for armed drones.
5. long-range air-to-air missiles, a need highlighted by the brief India-Pakistan skirmish.

A strategic export model

Unlike traditional arms procurement, Turkiye is marketing its defence industry to international buyers as a strategic partnership.

“Our offer to our partners… is as follows: Let’s produce together, let’s develop technology together,” Ikinci stated.

By establishing joint facilities and R&D centres in allied nations across the Middle East, the Far East, and Europe, Turkiye is attempting to secure long-term geopolitical alliances rather than purely transactional sales. Ikinci highlighted Qatar as a prime example of this model, describing it as a benchmark for technological, military, and security cooperation in the region.

Filling the global stockpile gap

This rapid expansion comes at a critical time for the global arms trade. Ongoing wars have severely depleted the stockpiles of advanced weapon systems worldwide.

During the recent US-Israel war on Iran, Washington relied heavily on multimillion-dollar Patriot and Terminal High Altitude Area Defense (THAAD) systems to intercept cheap Iranian drones targeting US assets across Qatar, Kuwait, Bahrain, Saudi Arabia, and the United Arab Emirates. With growing concerns that US interceptor supplies could run low, Gulf states – which have collectively detected over 1,000 drones in their airspace – are actively seeking alternative defence technologies, creating a highly lucrative opening for Turkiye’s missile industry.

Defence analyses indicate that even military superpowers like the US will require significant time to replenish their current air defence inventories due to the complexity and massive infrastructure required to build them.

Turkish defence officials view this shortage as a strategic opening. Having localised its supply chain, Turkiye claims it can manufacture and export these highly sought-after complex systems independently.

As global demand for air defence and ballistic technologies rises, Roketsan is aggressively reinvesting its revenues into production infrastructure to expand its footprint in the international arms market.