West Bank & Gaza Violence: Israel strikes and ground operations killed at least seven Palestinians in Gaza City, while a seven-month-old baby (Sam Fahd Abu Haikal) was shot dead near Hebron and his parents were wounded, as Israel said it fired after a vehicle accelerated toward troops. EU Sanctions Push: France is coordinating with other countries on national asset freezes and travel bans for individuals linked to West Bank violence, after EU unanimity stalled. Israel’s War Cost Pressure: Bank of Israel Governor Amir Yaron put the multi-front war bill at 405 billion shekels ($138b) and warned defense spending is squeezing social programs. Iran War & Shipping Risk: US forces shot down Iranian drones near the Strait of Hormuz; Washington is also weighing using frozen Iranian assets to fund Gulf reconstruction, keeping a deal in doubt. Israel Business & Markets: Tel Aviv stocks rose Friday but the TA-35 is down 4.5% for the week; shekel weakened to about NIS 2.908/$; defense and retail led gains. Corporate Distress: Simad Holdings filed for Chapter 11 in New Jersey after owners allegedly emptied cash, suspending bond trading. Innovation Ecosystem: Jerusalem’s FourWard platform links universities, hospitals, and industry to commercialize medical and high-tech research. Diplomacy & Image: Slovenia’s president raised a Palestinian flag at her palace after a new government removed it from parliament, amid renewed international scrutiny of Israel.