A ceasefire between Israel and Hezbollah has been brokered by the United States and France, aiming for a permanent cessation of hostilities. The agreement includes 13 points with specific requirements for both sides to adhere to. Central to the deal is UN Security Council resolution 1701 from 2006. Lebanese parliament speaker announced efforts to end a power vacuum. Both sides have claimed success in the ceasefire, but there are concerns about its effectiveness. Key terms include ending offensive operations, preventing armed groups from conducting combat, and rebuilding communication channels with UN oversight.
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UK economy shrank unexpectedly in January
The UK economy unexpectedly shrank by 0.1% in January, attributed to a slowdown in manufacturing, following a 0.4% growth in December. This weak performance may impact government plans to boost economic growth, with the upcoming Spring Statement expected to include spending cuts. Despite some sectors like retail showing growth, overall economic growth remains weak, leading to concerns about vulnerability and possible downward revisions in growth predictions. Full Article
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