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World Economy Apr 17, 2026

Roketsan Aims for Top‑10 Global Defense Export Spot with $3 bn Expansion as Turkey Capitalises on War‑Driven Demand

Turkey’s premier missile maker Roketsan is accelerating a $3 bn expansion to break into the world’s…
Modern combat has been reshaped by the Russia‑Ukraine war, the Gaza clashes, India‑Pakistan skirmishes and the recent US‑Israel strikes on Iran, driving an unprecedented global appetite for drones, missiles and sophisticated air‑defence systems. Turkey, a leading military power in the Middle East, is positioning itself as a key supplier in this booming market. At the heart of Turkey’s push is Roketsan, a firm founded in 1988 to equip the Turkish Armed Forces. Today the company exports to roughly 50 nations and is counted among the fastest‑growing defence enterprises worldwide. Bypassing Western embargoes has been a catalyst for this growth. After the United States imposed CAATSA sanctions in 2020 and removed Turkey from the F‑35 programme, Ankara was forced to develop an indigenous defence ecosystem. The result is a network of nearly 4,000 small and medium‑sized enterprises that now supplies over 90 % of the components used in Turkish weapons. Financially, the strategy is paying off. In 2025 Turkish defence exports reached $10 billion. Roketsan’s General Manager Murat Ikinci told Al Jazeera the firm sits at 71st place among global defence firms and is targeting a climb into the top 50, then top 20, and ultimately the top 10 by the end of the decade. To fuel this ambition, President Recep Tayyip Erdoğan inaugurated a suite of new facilities last week, including: Europe’s largest warhead production plant. A new R&D centre employing 1,000 engineers. The “Kirikkale” complex dedicated to rocket‑fuel research. Infrastructure for mass‑producing ballistic and cruise missiles. The construction represents a $1 billion outlay, with an additional $2 billion earmarked for scaling up production capacity. Roketsan’s R&D engine—the third‑largest in Turkey with 3,200 engineers—draws heavily on lessons from ongoing wars. The Ukraine conflict highlighted the effectiveness of cheap FPV and AI‑guided kamikaze drones, prompting Roketsan to field systems such as the ALKA and BURC air‑defences and the laser‑guided CIRIT missile. Recent US‑Israel operations against Iran have underscored the threat posed by low‑cost Iranian‑designed Shahed drones, now upgraded with Russian “Kometa‑B” anti‑jamming modules. These swarms have overwhelmed regional defences and even struck a British base in Cyprus in March 2026, while NATO intercepted three Iranian ballistic missiles that entered Turkish airspace. In response, Roketsan is advancing the “Tayfun” (Typhoon) missile family. The flagship Tayfun Block 4 is a hypersonic ballistic missile designed to pierce advanced air‑defence layers at extreme speeds. When pressed for specifics, Ikinci declined to disclose the exact range, noting only that it is “sufficient.” Strategically, Turkey is shifting away from Western dependence toward an “Eastern” partnership model. Roketsan now offers joint production and technology‑development agreements, establishing co‑located facilities and R&D centres across the Middle East, Far East and Europe. Qatar has been cited as a flagship example of this collaborative approach. Roketsan has identified five priority product lines to meet rising global demand: Long‑range ballistic and cruise missiles. Advanced air‑defence systems, including “Steel Dome”, Hisar‑A, Hisar‑O and Siper. Submarine‑launched cruise missiles leveraging the AKYA system. Smart micro‑munitions for armed drones. Long‑range air‑to‑air missiles, a capability highlighted by the recent India‑Pakistan clash. The timing is critical. Ongoing conflicts have depleted the stockpiles of high‑end air‑defence assets worldwide. During the US‑Israel‑Iran confrontation, the United States relied heavily on Patriot and THAAD systems, raising concerns that interceptor inventories could run low. Gulf states, which have logged over 1,000 drone sightings in their airspace, are actively seeking alternative solutions—an opening that Turkey’s self‑sufficient supply chain is poised to fill. Analysts warn that even major powers like the United States will need years to rebuild their air‑defence inventories due to the complexity of production. Turkey’s claim of near‑complete domestic manufacturing positions it as a ready supplier for nations eager to diversify away from traditional Western sources. As demand for missiles and drones surges, Roketsan is reinvesting its revenues into expanding production infrastructure, aiming to cement its place among the world’s elite defence exporters.
#defence #turkiye #roketsan
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Sports Apr 17, 2026

World Cup 2026 Transit Prices Spark Outrage Among Football Fans in the US

Football fans are outraged over exorbitant transit prices to attend World Cup 2026 matches in the U…
Football fans heading to the World Cup 2026 in the United States are facing a new challenge: exorbitant transit prices. Reports have emerged that United States transport authorities have significantly increased prices for fans traveling to matches, sparking widespread outrage. New Jersey Transit is planning to charge fans more than $100 for tickets from Penn Station in Manhattan to MetLife Stadium in East Rutherford, New Jersey. This is a substantial hike from the usual return ticket price of $12.90. Similarly, the Massachusetts Bay Transportation Authority confirmed that return tickets from Boston to the Gillette Stadium in Foxborough, Massachusetts would cost $80 – up from the usual event-day price of $20. “It’s a disgrace. In recent tournaments, transportation was either included in the ticket price or offered at a heavily discounted rate for ticket holders,” said Guillaume Aupretre, a spokesman for France’s main supporters’ group. He accused world football’s governing body FIFA of shutting out “the most loyal supporters in favour of the wealthy”. France will play all three of its Group I matches in Boston and New Jersey. New Jersey Governor Mikie Sherrill blamed FIFA for the price hikes, citing a $48m bill the state faces to ensure fan safety at the eight games at the MetLife Stadium. “I won’t stick New Jersey commuters for that tab for years to come, that’s not fair,” Sherrill wrote on social media, adding that FIFA stood to make $11bn at the World Cup. FIFA issued a strongly-worded statement criticising the transport price hike, stating that the original host city agreements “required free transportation for fans to all matches”. A re-negotiation stipulated that transport would be offered “at cost” on match days. “We are quite surprised by the NJ Governor’s approach on fan transportation,” FIFA said.
#fifa #world #cup
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News Apr 17, 2026

Lebanese Displaced Persons Cautious as Israel-Hezbollah Ceasefire Takes Effect

A 10-day ceasefire between Israel and Hezbollah has begun, but displaced Lebanese people are wary o…
As a 10-day ceasefire between Israel and Hezbollah took effect, displaced Lebanese people expressed skepticism about returning home. The agreement's terms are still unclear, and many doubt Israel's commitment to upholding the ceasefire.Abu Haidar, who has been displaced for six weeks, planned to return to his village, Kherbet Selem, near the border. However, he acknowledged the challenges, including a bombed bridge, and decided to leave before the midnight deadline.Others, like Fadal Alawi and Haytham Dandash, whose homes were destroyed, were more cautious. They chose to stay in Beirut until a longer-term agreement is in place, citing concerns over Israel's history of violating agreements.The Israeli military's recent intensification of attacks in southern Lebanon added to the uncertainty. Hezbollah and its ally, Nabih Berri, urged supporters not to return home until the situation clarifies.The unclear terms of the agreement and Israel's Prime Minister Benjamin Netanyahu's statement that troops would not withdraw from southern Lebanon during the ceasefire contributed to the skepticism. Hezbollah responded by asserting its right to resist if Israel continues to occupy Lebanese territory.In the meantime, displaced people like Dandash and his wife, Ruwayda Zaiter, faced desperate living conditions, with limited aid and no support from the state or political parties.
#lebanon #israel #hezbollah
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Video Apr 17, 2026

Assessing the Durability of Lebanon's Recent Ceasefire Amid Ongoing Tensions

Al Jazeera examines the newly announced ceasefire in Lebanon, questioning its stability and potenti…
Al Jazeera explores the prospects of the newly declared ceasefire in Lebanon, probing whether it can sustain peace amid lingering hostilities. Key questions focus on the truce's durability, the role of regional actors, and the risk of renewed violence. The analysis underscores the fragile nature of the agreement and its significance for broader Middle‑East stability.
#ceasefire #lebanon #hold
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Politics Apr 16, 2026

Iran and Lebanon Ceasefire Talks Gain Momentum Amid Escalating Conflict

Iran's parliament speaker, Mohammad Bagher Ghalibaf, emphasizes the importance of a ceasefire in Le…
Iran's prominent parliament speaker, Mohammad Bagher Ghalibaf, has stressed that a ceasefire in Lebanon is just as crucial as one in Iran, in a phone conversation with his Lebanese counterpart, Nabih Berri. This development comes as diplomatic efforts to end the war between Iran and the United States gain traction.Ghalibaf, who led the Iranian delegation at the recent US-Iran meeting in Pakistan, emphasized that Tehran is committed to achieving a permanent ceasefire in all conflict zones, including Lebanon. He assured Berri that Iran has not forgotten its Lebanese allies and considers them part of its own people.The conversation also touched on the latest Israeli attacks on Lebanon, which have resulted in the displacement of 1.2 million Lebanese people. Berri condemned Israel's actions, stating that they are committing crimes and seeking to displace Lebanese citizens. He appreciated Iran's efforts to secure a ceasefire in Lebanon and noted that any communication with Israel would not be in Lebanon's interests.Lebanon was drawn into the US-Israel war on Iran after Hezbollah fired rockets at Israel on March 2, in retaliation for Israel's killing of Iran's Supreme Leader Ayatollah Ali Khamenei and near-daily violations of a ceasefire agreement in Lebanon. Since then, Israeli forces have killed over 2,000 people in Lebanon.In a related development, US President Donald Trump announced that the leaders of Israel and Lebanon will speak to each other for the first time in 34 years. This historic conversation is seen as a significant step towards de-escalation in the region.
#Iran #Lebanon #Mohammad Bagher Ghalibaf
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News Apr 16, 2026

Switzerland Facilitates DRC‑M23 Talks Resulting in Interim Peace‑Monitoring Mechanism Amid Escalating Humanitarian Crisis

In Geneva, the DRC government and the M23 rebel coalition signed an interim peace‑monitoring agreem…
The Democratic Republic of the Congo and the M23 rebel coalition commenced a new round of negotiations in Switzerland on Monday, with mediation provided by the United States and Qatar. The talks aim to halt the persistent violence that has continued despite a December peace accord signed in Washington.During the Geneva session, both parties signed an interim peace‑monitoring mechanism, according to Radio France Internationale. The framework creates a joint body tasked with tracking humanitarian and security developments and flagging any ceasefire violations. Representatives from the DRC government, the M23 coalition, and the United Nations Organization Stabilization Mission in the Democratic Republic of the Congo (MONUSCO) will staff the mechanism.Al Jazeera correspondent Alain Uaykani, reporting from Goma, described the situation on the ground as "very fragile," with each side accusing the other of breaching previous truces. He highlighted the town of Minembwe in South Kivu, where thousands of civilians are caught in crossfire between rival armed groups.Local residents hope that mediators will press both sides to honor the newly‑established monitoring body, after a series of failed agreements. The conflict has intensified since early 2025, when the M23 seized large territories, including the provincial capitals Goma and Bukavu.In December, Congolese President Felix Tshisekedi and Rwandan President Paul Kagame signed a "historic" peace and economic agreement in Washington, a move that was widely criticized as overlooking Rwanda's alleged support for the M23 rebels. Separate Qatar‑mediated talks have also taken place, yet clashes resumed almost immediately after the December deal.Human Rights Watch issued a statement on Tuesday condemning both parties for obstructing aid deliveries and preventing civilians from fleeing the highlands of South Kivu. Clementine de Montjoye, senior Great Lakes researcher at the organization, warned that the region faces a "dire humanitarian crisis" and that the conflict remains "vastly under‑reported."The newly‑formed monitoring mechanism, supported by MONUSCO, represents the latest diplomatic effort to stabilize eastern Congo and protect vulnerable populations, even as fighting continues to flare in the highland areas of South Kivu.
#switzerland #monusco #qatar
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News Apr 16, 2026

Pakistan‑Led Mediation Raises Prospects for US‑Iran Nuclear Deal Amid Ongoing Regional Tensions

A high‑level Pakistani delegation, headed by Army Chief Asim Munir, arrived in Tehran to convey U.S…
Pakistani officials have expressed confidence that a significant diplomatic breakthrough could emerge from the latest round of U.S.–Iran negotiations, with Islamabad intensifying its role as mediator in a conflict that has already claimed thousands of lives. On Wednesday, a senior Pakistani delegation led by Army Chief Asim Munir landed in Tehran to deliver a message from Washington to Iranian leaders, according to Iran’s Press TV. The envoy was welcomed by Foreign Minister Abbas Araghchi, who thanked Pakistan for its "gracious hosting of dialogue" and indicated that groundwork is being laid for a second U.S.–Iran round of talks. Al Jazeera analyst Osama Bin Javaid noted that Pakistani officials anticipate a "major breakthrough on the nuclear front," with messages shuttling continuously between the two capitals. The core dispute centers on the length of any Iranian enrichment freeze—ranging from a proposed five‑year to a twenty‑year moratorium—and the disposition of Iran’s 440 kilograms of highly enriched uranium. Options under discussion include exporting the material, diluting it to natural uranium, or reducing enrichment to a maximum of 3 %. Pakistan’s diplomatic push follows a stalled U.S.–Iran session in Islamabad that ended without a cease‑fire agreement. Mediators are now concentrating on three pivotal issues: the nuclear programme, control of the strategic Strait of Hormuz—which Tehran has effectively closed, driving up global oil prices—and compensation for wartime damages. The conflict, ignited by the United States and Israel on 28 February, has resulted in more than 3,000 Iranian deaths and prompted retaliatory strikes against Gulf states. It has also reignited hostilities between Israel and Hezbollah in Lebanon, where over 2,000 casualties have been reported since early March. A cease‑fire declared on 8 April halted attacks in Iran and the Gulf, yet Israeli operations in southern Lebanon have persisted. Simultaneously, Pakistan’s Prime Minister Shehbaz Sharif embarked on a regional tour to Saudi Arabia, Qatar and Turkey, a move described by Bin Javaid as a "double‑pronged strategy" aimed at neutralising opposition to a potential deal. According to the White House, President Donald Trump signalled optimism on Tuesday, suggesting the war could conclude within "an amazing two days" and that it is "very close to over." Press Secretary Karoline Leavitt later described the Pakistan‑facilitated talks as "productive and ongoing," adding that further negotiations are likely to take place in Islamabad. Iran’s Ministry of Foreign Affairs confirmed that message exchanges with the United States have continued via Pakistani channels, with spokesperson Esmaeil Baghaei stating that Tehran’s positions have been communicated. Nevertheless, tensions linger. A U.S. naval blockade of Iranian ports in the Strait of Hormuz remains active; U.S. Central Command reported turning back nine vessels as of Wednesday. Iran’s military denounced the blockade as a breach of the cease‑fire, and the Iranian joint command chief, Ali Abdollahi, warned of possible retaliation by disrupting trade routes through the Red Sea, the Gulf and the Sea of Oman if the blockade persists.
#iran #tehran #talks
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Business Apr 16, 2026

Reed Hastings to Exit Netflix Board After 29 Years

Reed Hastings, co-founder and former CEO of Netflix, is stepping down from the company's board of d…
Reed Hastings, the co-founder of Netflix, is leaving the streaming service's board of directors after 29 years. Hastings will not stand for re-election at the company's annual meeting in June and plans to focus on philanthropy and other pursuits.In a letter to investors, Netflix said Hastings' decision to step down is not a result of any disagreement with the company. The company's stock dropped about 8% on the news of Hastings' departure.Hastings co-founded Netflix in northern California and led it through its pivot from a mail-order DVD company to a leading streaming TV service. He stepped down as CEO in 2023.Netflix reaffirmed its mission to entertain the world, providing movies and series for many tastes, cultures, and languages. The company's full-year financial outlook remained unchanged. Revenue rose to $12.25 billion, an increase of 16% from the year-ago period, modestly exceeding analyst forecasts.The company plans to use technology to improve the user experience and monetization, with advertising revenue on track to reach $3 billion in 2026, a twofold increase from a year ago. Netflix also highlighted areas of future growth, including video podcasts and live entertainment.
#Reed Hastings #Netflix #Warner Bros Discovery
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Us News Apr 16, 2026

US Defense Secretary Says America Is ‘Locked and Loaded’ to Finish Targeting Iran’s Energy Grid as Naval Blockade Tightens

U.S. Defense Secretary Pete Hegseth warned Iran that the United States is prepared to complete the …
U.S. Defense Secretary Pete Hegseth told reporters on Thursday that Iran’s energy infrastructure is "not destroyed yet," but the United States is "locked and loaded" to finish the job. Speaking from the Pentagon podium, Hegseth framed the press corps as the modern equivalent of the Pharisees who plotted against Jesus, suggesting that media criticism was driven by hostility rather than facts.The remarks coincided with the launch of a naval blockade of Iranian ports that began earlier this week. Hegseth urged Tehran to accept a nuclear agreement, warning that refusal would bring further attacks on the country’s remaining power‑generation and energy facilities."We are reloading with more power than ever before, and with better intelligence," Hegseth said, emphasizing the United States’ enhanced surveillance capabilities.He added that Iran’s missile launchers are dwindling and cannot be replenished: "You are digging out your remaining launchers and missiles with no ability to replace them. You can dig out for now. Can’t reconstitute, but we can."Offering a stark choice, Hegseth said, "We prefer to do it the nice way, through a deal led by our great vice‑president and negotiating team, or we can do it the hard way." He also pledged that the War Department would ensure Iran never acquires a nuclear weapon.Gen. Dan Caine, chair of the Joint Chiefs of Staff, confirmed that the blockade applies to all ships, regardless of nationality, and has been in effect for more than 24 hours. Over 10,000 sailors, marines and aircrew are enforcing the restriction. Since its inception, the U.S. Navy has transmitted a "do not attempt to breach the blockade" warning to vessels 13 times, with none of the ships boarded.During his address, Hegseth invoked a biblical sermon, likening the press to the Pharisees who, according to the Gospel of Mark, plotted to destroy Jesus after witnessing his miracles. He claimed the media’s “hardened hearts” were calibrated only to “impugn.”Hegseth also criticized the press for what he called a distorted portrayal of the 2021 Afghanistan withdrawal, citing the phrase "the greatest airlift in American history"—a line originally used by President Joe Biden and later echoed by right‑wing commentators and politicians.Concluding his remarks, Hegseth admitted, "Sometimes it’s hard to figure out what side some of you are actually on," underscoring the tension between the Pentagon and the media.
#hegseth #iran #not
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