The war with Hamas in Gaza not so much, but it is amazing to me how the Israeli troops have been so well protected in this offensive. Hamas has had all sorts of booby traps and ambushes for them and I think I have only heard of one soldier being killed by Hamas fire. The majority of the 10 deaths were friendly fire.
As far as Bible prophecy goes, the thing to watch for is an Iran & Russia strengthening alliance, and them forming militarily against Israel. Also watch for an increasingly poor relationship to develop with Turkey. They have been allies with Israel for quite some time, but the Bible says they (Gomer) will fight against Israel in Ezekiel 38. So watch for them to become increasingly hostile towards Israel as well.
The church I used to go to before moving just did a prophecy update. They typically have a special service every New Year's Eve, and it can be downloaded here.
http://www.atheycreekfellowship.org/streamAudio.aspx?id=G-141
If you are at all interested in bible prophecy, I think you will find it fascinating. I sure did!