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    Here are some reasons why this unpopular stock market technique might work now that trade agreements are being finalized.

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    • Here are some reasons why this unpopular stock market technique might work now that trade agreements are being finalized.
    • How Bessent clarified the euphoric market reaction to the 115-point drop in U.S.-China tariffs
    • This is the difference in weight loss between Zepbound and Wegovy.
    • Trump’s announcement that he will issue an executive order to reduce the cost of prescription drugs has put pressure on pharmaceutical stocks.
    • This week marks the release of the “most important consumer earnings report of the season.”
    • Goldman Sachs warns that stocks might collapse by about 20%. This is the trigger.
    • The majority of American businesses may be impacted by Trump’s proposal to raise taxes on affluent Americans.
    • Even if the trade conflict fades, Hartnett of Bank of America remains concerned about stocks at the start of the year.
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    Home » For the first time in months, an air raid siren in Tel Aviv sounds in response to a rocket attack by Hamas from Gaza.
    News

    For the first time in months, an air raid siren in Tel Aviv sounds in response to a rocket attack by Hamas from Gaza.

    There were no immediate reports of casualties or damage in what appeared to be the first long-range rocket attack from Gaza since January
    May 26, 2024No Comments
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    More than seven months after Israel launched a massive air, sea, and ground war, Hamas demonstrated resilience on Sunday by firing a barrage of missiles from Gaza that triggered air raid sirens as far away as Tel Aviv for the first time in months.

    What looked to be Gaza’s first long-range rocket launch since January appeared to have caused no immediate damage or casualties.

    The incident was claimed by Hamas’ military arm. Communities near the Gaza border have been periodically targeted by Palestinian militants with rockets and mortar rounds. Later on Sunday, the military wing of the Palestinian Islamic Jihad organization claimed to have fired rockets at adjacent communities.

    Eight rockets were fired from the vicinity of the southern Gaza city of Rafah, where Israeli forces recently conducted an invasion, according to the Israeli military. It stated that “a number” of the missiles were deflected.

    After Israeli forces captured the Palestinian side of the Rafah crossing earlier this month, relief trucks entered Gaza from southern Israel earlier on Sunday as part of a revised arrangement to avoid using that gate. However, due of the conflict, it was not immediately obvious if humanitarian agencies could get the aid.

    Egypt will not restore its portion of the Rafah crossing until the Palestinians regain control of the Gaza side. Following a phone conversation between US President Joe Biden and Egyptian President Abdel-Fattah el-Sissi, it consented to temporarily reroute trade through Gaza’s primary cargo facility, Israel’s Kerem Shalom border.

    But the Kerem Shalom crossing has been largely inaccessible because of Israel’s offensive in Rafah. Israel says it has allowed hundreds of trucks to enter, but United Nations agencies say it is usually too dangerous to retrieve the aid.

    The war between Israel and Hamas has killed nearly 36,000 Palestinians, according to Gaza’s Health Ministry, which does not distinguish between civilians and fighters in its count. The Health Ministry said the bodies of 81 people killed by Israeli strikes had been brought to hospitals over the past 24 hours.

    Around 80% of Gaza’s 2.3 million people have fled their homes, severe hunger is widespread and U.N. officials say parts of the territory are experiencing famine.

    Hamas triggered the war with its Oct. 7 attack into Israel, in which Palestinian militants killed some 1,200 people, mostly civilians, and seized some 250 hostages. Hamas still holds some 100 hostages and the remains of around 30 others after most of the rest were released during a cease-fire last year.

    SOUTHERN GAZA LARGELY CUT OFF FROM AID
    Egypt’s state-run Al-Qahera TV aired footage of what it said were trucks entering Gaza through Kerem Shalom. Khaled Zayed, head of the Egyptian Red Crescent in the Sinai Peninsula, which handles the delivery of aid from the Egyptian side of the Rafah crossing, said 200 aid trucks and four fuel trucks were scheduled to be sent to Kerem Shalom on Sunday.

    Southern Gaza has been largely cut off from aid since Israel launched what it called a limited incursion into Rafah on May 6. Since then, over 1 million Palestinians have fled the city. Most had been displaced from other parts of besieged Gaza.

    Northern Gaza still receives aid through two land routes that Israel opened during global outrage after Israeli strikes killed seven aid workers in April.

    A few dozen trucks enter Gaza daily through a U.S.-built floating pier, but its capacity remains far below the 150 trucks a day that officials hoped for. Aid groups say 600 trucks a day are needed.

    NETANYAHU RESISTS PRESSURE TO END WAR
    Netanyahu has said Israel must take over Rafah to eliminate Hamas’ remaining battalions and achieve “total victory” over the militants, who recently regrouped in other parts of Gaza where the military has operated.

    Netanyahu faces growing pressure to make a deal with Hamas to free the remaining hostages, something Hamas has refused without guarantees for an end to the war and full withdrawal of Israeli troops. Netanyahu has ruled that out.

    Scuffles broke out between police and protesters in Tel Aviv on Saturday after thousands again gathered to demand the hostages’ return. They called for Netanyahu’s resignation and demanded new elections.

    The war also leaves Israel increasingly isolated on the world stage.
    Last week, three European countries announced they would recognize a Palestinian state, and the chief prosecutor for the International Criminal Court requested arrest warrants for Netanyahu and Israel’s defense minister, Yoav Gallant, along with three Hamas leaders.

    On Friday, the International Court of Justice ordered Israel to end its military offensive in Rafah. The top U.N. court also said Israel must give war crimes investigators access to Gaza.

    Israel is unlikely to comply and has condemned the ICC’s move toward arrest warrants. Israel says it makes every effort to avoid harming civilians and blames their deaths on Hamas because the militants operate in dense, residential areas.

    ISRAEL DENIES REPORT OF CAPTURED SOLDIER
    Hamas claimed to have captured an Israeli soldier during fighting in northern Gaza and released video late Saturday showing a wounded man being dragged through a tunnel. Israel’s military denied any soldiers had been captured, and Hamas did not provide any other evidence to support its claim.

    In a separate development, Israel’s military said it had detained a suspect over a widely circulated video in which a man dressed as a soldier threatens mutiny. In the video, the man says tens of thousands of soldiers were ready to disobey the defense minister over his suggestion that Palestinians should govern Gaza after the war and pledged loyalty to Netanyahu alone.

    It was not clear if the man was on active duty, or when or where the video was made. Yair Netanyahu, the prime minister’s son, shared the video on social media, sparking criticism from political opponents. The prime minister’s office released a brief statement condemning all forms of military subordination.

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