The White House on Saturday outlined a $50 billion Middle East economic plan that would create a global investment fund to lift the Palestinian and neighboring Arab state economies, and fund a $5 billion transportation corridor to connect the West Bank and Gaza.
A Revolutionary Guards commander said on Friday that the downing of a US drone earlier this week was aimed at sending a warning to a military aircraft flying alongside to divert its course, adding that Iran had refrained from shooting down the plane which had 35 people on board.
Iran's elite Revolutionary Guard force said Thursday it shot down a US "spy drone" over its territory, Iranian state television reported. An anonymous US official later told news agencies an American naval drone was downed over international airspace. "The US-made Global Hawk surveillance drone was brought down" in the country's southern coastal province of Hormozgan, the Revolutionary Guard was quoted as saying by the English-language Press TV.