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Day: July 17, 2026
Qatar has reportedly blocked a proposed partnership between Volkswagen and Israeli defense company Rafael Advanced Defense Systems to manufacture components for the Iron Dome missile-defense system at Volkswagen’s Osnabrück plant in Germany.
The Qatar Investment Authority, which owns 10.4% of Volkswagen and controls about 17% of its voting rights, opposed the deal because the partner was an Israeli company.
The project could have helped save around 2,300 jobs at the Osnabrück factory, where vehicle production is scheduled to end in 2027. Volkswagen confirmed that its Qatari shareholder blocked the proposed cooperation and said it is now exploring alternative partnerships for the site.
A separate $4.2 billion plan for German shipping giant Hapag-Lloyd to acquire Israeli shipping company ZIM is also unlikely to proceed. In that case, Israeli officials opposed the sale, arguing it could put a strategically important national asset at risk during a national emergency. Defense Minister Israel Katz said the sale “would not protect Israel’s security interests.”
Hapag-Lloyd has significant Gulf state shareholders: Qatar’s sovereign wealth fund owns 12.3%, and Saudi Arabia’s sovereign wealth fund owns 10.2%.
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Urgh! A Music War – Wikipedia
Urgh! A Music War is a 1982 British concert film featuring performances by punk rock, new wave, and post-punk bands and artists. Filmed in August to September 1980 it was directed by Derek Burbidge and produced by Michael White and Lyndall Hobbs. Among the acts featured in the film are Orchestral Manoeuvres in the Dark (OMD), Magazine, the Go-Go’s, Toyah Willcox, Joan Jett and the Blackhearts …
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