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The tycoon, Ibrahim al-Organi, chairman of Organi Group, oversees a vast network of companies involved in construction, real estate and security. But it is Hala — a company that Organi Group has listed as one of its own — that has drawn the most scrutiny. Organi Group did not respond to a request for comment about why it had removed Hala from the website. Organi Group has at least eight businesses. The company lists Mr. Organi as its chairman and his son, Essameldin Organi, as the chief executive.

Persons: Ibrahim al, Hala, Organi, Essameldin Organizations: Organi Group, Organi Locations: Egyptian, Hala —, Gaza, Hala

☆ Nvidia's stock is not surprising given its trajectory and the numbers, says Bernstein's Rasgon
▼ + stars: | 2024-06-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia's stock is not surprising given its trajectory and the numbers, says Bernstein's RasgonStacy Rasgon, Bernstein Research managing director and senior analyst, joins 'Squawk on the Street' to discuss the analyst's price target for Nvidia, where the company's valuation currently sits, and much more.

Persons: Bernstein's Rasgon Stacy Rasgon Organizations: Bernstein Research, Nvidia

☆ When the Only Escape From War in Gaza Is to Buy a Way Out
▼ + stars: | 2024-06-20 | by ( Adam Rasgon | ) www.nytimes.com time to read: 1 min

The only way for almost all people in Gaza to escape the horrors of the war between Israel and Hamas is by leaving through neighboring Egypt. And that is usually a complicated and expensive ordeal, involving the payment of thousands of dollars to an Egyptian company that can get Palestinians on an approved travel list to cross the border. Confronting the company’s stiff fees, as well as the widespread hunger in Gaza where there is no end in sight to Israel’s military campaign, many Palestinians have resorted to trying to raise money with desperate appeals on digital platforms like GoFundMe. Dr. Salim Ghayyda, a pediatrician in northern Scotland, posted one such plea in January after his sister texted from Gaza to say that their father had suffered seizures.

Persons: Dr, Salim Ghayyda, texted Locations: Gaza, Israel, Egypt, Scotland

The Israeli military said on Monday that it had paused operations during daylight hours in parts of the southern Gaza Strip, as a new policy announced a day earlier appeared to take hold, along with cautious hopes that it would allow more food and other goods to reach desperate civilians. Aid workers said they hoped that the daily pause in the Israeli offensive would make it less dangerous to deliver vital supplies to areas in central and southern Gaza from Kerem Shalom, a key border crossing between Israel and Gaza, removing one of many obstacles to their beleaguered operations. But aid agencies warned that other restrictions on movement, as well as lawlessness in the territory, would still make it difficult to meet the dire needs of Gazans struggling to survive after eight months of war. With stockpiles in southern Gaza dwindling, “maybe for a couple of weeks they’ll have enough food, but if we cannot have access and sustain that, then that’s going to be a big problem,” said Carl Skau, the deputy director of the World Food Program, an arm of the United Nations that distributes food in Gaza. Food supplies in southern Gaza were “more stabilized a month ago, but we are really concerned now,” said Mr. Skau, who visited Gaza last week.

Persons: ”, Carl Skau, Skau Organizations: Food Program, United Nations Locations: Gaza, Kerem, Israel

☆ Gantz Quits Israel Government in Dispute With Netanyahu Over Gaza
▼ + stars: | 2024-06-10 | by ( Adam Rasgon | More About Adam Rasgon | ) www.nytimes.com time to read: +1 min

The Israeli politician Benny Gantz, a key member of the country’s war cabinet, quit the government on Sunday over Prime Minister Benjamin Netanyahu’s handling of the war in Gaza. The resignation dealt a blow to the appearance of unity that Mr. Netanyahu was able to marshal at the start of the conflict and exposed the divisions at the top of the Israeli leadership over the future of the war and its aftermath. Mr. Gantz, a centrist figure who last month threatened to resign unless Mr. Netanyahu addressed his concerns about how the war would end and what would follow it, said his party was leaving the emergency government “with a heavy but complete heart.” He said that Mr. Netanyahu’s leadership was “preventing us from advancing to the real victory.”The move is unlikely to force Mr. Netanyahu from office — the prime minister’s government will still hold a narrow majority in Israel’s Parliament. Mr. Gantz’s exit comes as frustration mounts over the failure to decisively topple Hamas or to bring home all the hostages held in Gaza after the Oct. 7 terrorist attack on southern Israel. Mr. Netanyahu has also faced international criticism as the destruction and civilian casualties have mounted in Gaza.

Persons: Benny Gantz, Benjamin Netanyahu’s, Netanyahu, Gantz, ”, Netanyahu’s, Mr, Gantz’s Locations: Gaza, Israel’s Parliament, Israel

A day after the Israeli military rescued four hostages held by Hamas militants in Nuseirat, Gazans described an intense bombardment during the raid, followed by chaos in the streets from an operation that killed and wounded scores of Palestinians. Bayan Abu Amr, 32, was carrying her 18-month-old son Mohammad on the edge of Nuseirat’s main marketplace on Saturday when she was surrounded by the heavy booms of strikes from aircraft, which Israel’s military said targeted militants in an effort to ensure the safe extraction of the hostages and special forces. “People were rushing like the day of judgment; I did not know where to run,” said Ms. Abu Amr, who was on her way to pay a condolence call to her uncle’s family after two of his sons had died. “Kids were screaming, women were falling down while running.”Along with other Gazans, she managed to clamber onto a passing pickup truck that was trying to ferry people safely out amid the strikes, she recalled. One girl was separated from her mother in the confusion, while an old man lost his grip and fell off the truck onto the ground, she said.

Persons: Gazans, Bayan Abu Amr, Mohammad, ”, Abu Amr Organizations: Hamas, “ Locations: Nuseirat

☆ Buy these stocks where AI is becoming core to the investment thesis, Morgan Stanley says
▼ + stars: | 2024-06-07 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Buying stocks with a rising exposure to artificial intelligence could lead to outperformance later this year, according to Morgan Stanley. But for investors who have missed out on the AI trade, Morgan Stanley says it's not too late. In a recent note, a team of eight Morgan Stanley strategists led by Edward Stanley highlighted a group of stocks where artificial intelligence is beginning to play a bigger role in their business, which they called "the enablers." "We believe this strategy of picking stocks where AI materiality is increasing will continue to work for investors for the remainder of 2024," Morgan Stanley wrote. Earlier this week, both Morgan Stanley and Goldman Sachs reiterated buy ratings on First Solar.

Persons: outperformance, Morgan Stanley, Jensen, it's, Edward Stanley, enablers, Morgan, FactSet, Goldman Sachs, Bernstein, Stacy Rasgon, Melius, Raymond James, Josh Beck, Michael Bloom Organizations: Nvidia, Broadcom, Bernstein Research, JPMorgan, Facebook Locations: Thursday's

☆ Move over, Nvidia: Fund manager likes 'overlooked' chipmaker with billions in AI chip sales
▼ + stars: | 2024-06-07 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Chipmaker Nvidia is clearly the poster child for artificial intelligence, according to one portfolio manager — but she says another firm is being overlooked. "[We] think of Nvidia as the poster child for AI chips, and they are. But, [Broadcom] was another company that posted over a billion in revenue from AI chips," Pleydell-Bouverie told CNBC's Pro Talks . For the first quarter , Broadcom said revenue came in at $11.96 billion , topping analysts' forecasts of $11.72 billion. AVGO YTD mountain Year-to-date share movement in Broadcom Pleydell-Bouverie flagged that the company has a "leading position" in segments like custom ASICs (Application-Specific Integrated Circuits).

Persons: —, Clare Pleydell, Bouverie, CNBC's, Hock Tan, Bernstein, Stacy Rasgon, Fred Imbert Organizations: Nvidia, Broadcom Inc, Broadcom, Nasdaq, Broadcom Pleydell, Circuits, Liontrust Global Technology Fund, Technology

☆ Israeli Airstrike on School Kills Dozens in Gaza
▼ + stars: | 2024-06-06 | by ( Victoria Kim | ) www.nytimes.com time to read: +4 min

One of the most intense fires threatened homes in the Israeli town of Kiryat Shmona, near the Lebanese border, according to Israeli news outlets. That city, like much of the Israeli border area, has been largely evacuated for months, and no casualties were reported. The Israeli military said that two drones landed in the area of Hurfeish, a Druse village whose citizens are primarily part of an Arab-Israeli minority in Israel. No sirens sounded warning of the attack, according to the Israeli military, which said it was reviewing the incident. The talks are aimed at moving Hezbollah forces away from the border, according to Lebanese and Israeli officials, and other participants.

Persons: Benjamin Netanyahu, Israel, Netanyahu, ”, Matthew Miller, Biden, “, they’ve, Mr, Miller, Herzi Halevi, ” Bezalel Smotrich, Adam Rasgon, Ephrat Livni Organizations: Israel, Wednesday, Hezbollah, Hamas, State Department Locations: Lebanon, Gaza, Israel, Iranian, Lebanese, Kiryat Shmona, Hurfeish, ” Israel

Even as the Biden administration renewed its push for a cease-fire in the Gaza Strip on Wednesday, Prime Minister Benjamin Netanyahu of Israel threatened “very intense”military action against Hezbollah in Lebanon. “Whoever thinks he can hurt us and we will respond by sitting on our hands is making a big mistake,” he said, according to the Israeli government. “We are prepared for very intense action in the north.”Against the backdrop of escalating tensions on the Israel-Lebanon border, the C.I.A. director, William J. Burns, met on Wednesday with top Qatari and Egyptian officials in the latest effort to broker a deal to end the fighting in Gaza and free the hostages taken captive during the Hamas-led attack on southern Israel on Oct. 7. Mr. Burns met in Doha with the Qatari prime minister, Mohammed bin Abdulrahman Al Thani, and the chief of Egypt’s General Intelligence Service, Abbas Kamel, according to an official briefed on the matter, who spoke on the condition of anonymity to discuss the closed-door encounter.

Persons: Biden, Benjamin Netanyahu, Israel, Netanyahu, ”, William J, Burns, Mohammed bin Abdulrahman, Abbas Kamel Organizations: Qatari, Egypt’s General Intelligence Service Locations: Gaza, Lebanon, Israel, ”, Doha, Mohammed bin Abdulrahman Al Thani

☆ U.S. Officials Return to Mideast to Push for Cease-Fire
▼ + stars: | 2024-06-05 | by ( Adam Rasgon | Julian E. Barnes | ) www.nytimes.com time to read: +2 min

Top NewsImage William J. Burns, the director of the C.I.A., was expected to arrive in Doha, Qatar, this week for talks about achieving a cease-fire in Gaza. But statements by Israeli and Hamas officials in recent days suggested that a breakthrough was still elusive. One of the biggest gaps between Israel and Hamas has been over whether a cease-fire deal would lead to a lasting truce. Mr. Biden said Israel’s proposal would ultimately lead to the “cessation of hostilities permanently,” comments that were welcomed by Hamas. Israel, Mr. Hamdan said, was interested in only a temporary cease-fire to free hostages, and would then resume the war.

Persons: William J, Burns, Nathan Posner, Brett McGurk, Biden, Mr, Benjamin Netanyahu, ”, Majed al, Ansari, Osama Hamdan, Hamdan Organizations: Anadolu, Getty, U.S, Qatari Locations: Doha, Qatar, Gaza . Credit, Gaza, Cairo, U.S, Israel

After eight months of devastating bombardment by Israeli forces, some Gazans are urging Hamas to accept a cease-fire plan outlined by President Biden, but many remain deeply skeptical that the United States, as Israel’s chief ally, would truly bring an end to the war. “I am hopeful that Hamas will accept this deal,” said Ayman Skeik, a 31-year-old merchant driven out of his home in Gaza City by the fighting. “But I am still scared it would not be achieved.”Like other Gazans, Mr. Skeik, who is now sheltering in Deir al-Balah in central Gaza, said he had grown frustrated by the long and generally fruitless cease-fire talks. He noted pointedly that months ago, in February, Mr. Biden suggested that a deal was imminent. “The United States used to have a strong word when it wanted to stop any crisis in the world,” Mr. Skeik said.

Persons: President Biden, “, ”, Ayman Skeik, Skeik, Biden, Mr Organizations: Mr, White Locations: United States, Gaza City, Deir al, Gaza, Israel

Shares of Logitech are up 2% on the year and could rally another 17%, if Scemama's target price holds true. Analyst Kristine Liwag accompanied the move by raising her price target to $225 from $178. The bank reiterated its overweight rating on the credit card stock but lifted its price target to $275 from $265. International revs should run above the 10%+," the analyst added. Goldman analyst Tina Hou set a 12-month price target of $34, while Bank of America analyst Ming Hsun Lee set a price objective of $35.

Persons: Bernstein, Goldman Sachs, Goldman, TZE, Brian Lee, Lee, — Spencer Kimball, Didier Scemama, Scemama, — Lisa Kailai Han, Morgan Stanley, Kristine Liwag, Heico's, Liwag, Stanley Black, Decker, Julian Mitchell, Mitchell, Wells, Wells Fargo, Donald Fandetti, Fandetti, Canaccord, Kingsley Crane, Crane, Oppenheimer, Jed, Kelly foresees, FanDuel —, Kelly, Zeekr, Tina Hou, Ming Hsun Lee, Hou, Stacy Rasgon, Rasgon, Fred Imbert Organizations: CNBC, Broadcom, Bank of America, Investors, Technologies, Department of Energy, Logitech, Boeing, Barclays, Stanley, Nvidia, American, Express, American Express, U.S . American Express, Wall, Zeekr, China EV, China, Geely Automobile, AMD Locations: Monday's, EU, U.S, China, BofA

☆ Nvidia and AMD are now on annual product releases, says Bernstein's Stacy Rasgon
▼ + stars: | 2024-06-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia and AMD are now on annual product releases, says Bernstein's Stacy RasgonStacy Rasgon, Bernstein Research managing director and senior analyst, joins 'Squawk on the Street' to discuss Nvidia and AMD's new AI chips, whether Nvidia will maintain its unrivaled position, and much more.

Persons: Bernstein's Stacy Rasgon Stacy Rasgon Organizations: Nvidia, AMD, Bernstein Research

☆ Nvidia still looks relatively inexpensive for its growth trajectory, says Bernstein's Stacy Rasgon
▼ + stars: | 2024-05-28 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia still looks relatively inexpensive for its growth trajectory, says Bernstein's Stacy RasgonStacy Rasgon, Bernstein chip analyst, joins 'Closing Bell' to discuss raising his price target on Nvidia.

Persons: Bernstein's Stacy Rasgon Stacy Rasgon, Bernstein Organizations: Nvidia

☆ Inside Amazon's struggle to crack Nvidia's AI chip dominance
▼ + stars: | 2024-05-28 | by ( Eugene Kim | ) www.businessinsider.com time to read: +14 min

The in-house AI chip efforts have yet to make a major dent in Nvidia's grip on the market. 'Parity with CUDA'Internally at Amazon, Nvidia's CUDA platform is repeatedly cited as the biggest roadblock for the AI chip initiative. AdvertisementAn obvious response to this would be to have cloud customers use Amazon's own AI chips instead. AdvertisementFor example, AWS's AI chips still have "compatibility gaps" in certain open-source frameworks, making Nvidia GPUs a more popular option. Don't count Amazon outDespite Amazon's AI chip struggles, the effort seems to have caught the attention of Nvidia's CEO Jensen Huang.

Persons: —, Bernstein, Stacy Rasgon, I'm, Rasgon, Adam Selipsky, Jensen Huang, Andy Jassy, Inferentia, Trainium, We're, Snowflake's, Sridhar Ramaswamy, Eóin Noonan, Ramaswamy, James Hamilton, Jassy, Gartner, Amazon's, Huang Organizations: Service, Microsoft, Google, Business, Nvidia, Intel, Amazon, BI, Annapurna, NVIDIA CUDA, Netflix, Neuron, AWS, Amazon VP, James Hamilton Amazon, Amazon SVP Locations: Inferentia, Toronto, Canada, CUDA

☆ Inside Amazon's struggle to crack Nvidia's AI-chip dominance
▼ + stars: | 2024-05-28 | by ( Eugene Kim | ) www.businessinsider.com time to read: +15 min

"I'm not aware of anyone using AWS chips in any sort of large volumes," Rasgon told Business Insider, referring to Amazon's AI chips. This time, the idea is to avoid paying for expensive Nvidia GPUs, while still providing cloud customers with powerful AI services. An obvious response to this would be to have cloud customers use Amazon's AI chips instead. However, some of the largest AWS customers have not been willing to use these homegrown alternatives, the documents said. For example, AWS's AI chips still have "compatibility gaps" in certain open-source frameworks, making Nvidia GPUs a more popular option.

Persons: —, Stacy Rasgon, Bernstein, I'm, Rasgon, Adam Selipsky, Jensen Huang, Andy Jassy, Inferentia, Trainium, Omdia, Snowflake's, Sridhar Ramaswamy, Eóin Noonan, CUDA, Ramaswamy, James Hamilton, Jassy, Gartner, Huang Organizations: Service, Microsoft, Google, Business, Services, Nvidia, Intel, Amazon, NVIDIA CUDA, Netflix, Neuron, AWS, NVIDIA, Amazon VP, James Hamilton Amazon, BI Locations: CUDA, Toronto

☆ Analysts boost Nvidia price targets on strong demand outlook, say 'narrative is clearly nowhere near its end'
▼ + stars: | 2024-05-23 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Wall Street analysts are turning more bullish on Nvidia yet again following another strong guide from the chipmaking behemoth. "The narrative is clearly nowhere near its end, or likely nowhere near its peak," he wrote, adding that shares appear inexpensive. He expects Nvidia's Blackwell chips to be sold out through 2025. "While it's large enough market that competitors can succeed or even gain share, NVIDIA remains the standard bearer for multifaceted AI," he wrote. Nvidia's results lifted the broader chip sector, with the VanEck Semiconductor ETF (SMH) trading 3% higher in the premarket.

Persons: Tom O'Malley, Bernstein's Stacy Rasgon, Blackwell, Blayne Curtis, Citi's Atif Malik, JPMorgan's Harlan Sur, Goldman Sachs, Toshiya Hari, Sur, Morgan Stanley's Joseph Moore, Nvidia's Blackwell Organizations: Nvidia, Blackwell, Wall, Barclays, Jefferies, NVIDIA, VanEck Semiconductor, Micron Technology, AMD Locations: CY25

☆ Nvidia shares pop 10% to record high after forecast signals unwavering demand for AI chips
▼ + stars: | 2024-05-23 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Nvidia shares jumped more than 10% on Thursday after the company on Wednesday reported earnings that topped Wall Street estimates and showed that there's still ferocious demand for its artificial intelligence chips. First-quarter revenue came in higher than expected at $26.04 billion compared with the LSEG estimate of $24.65 billion. The company issued strong guidance, saying it expects $28 billion in revenue for the current quarter, beating the LSEG estimate of $26.61 billion. Shares passed $1,000 for the first time, reaching an all-time high of $1,051.96 during intraday trading, and are up about 111% this year. Nvidia on Wednesday announced a 10-for-1 stock split, with shares set to begin trading on a split-adjusted basis at market open on June 10.

Persons: Jensen Huang, there's, Bernstein's Stacy Rasgon, Jefferies, Blackwell Organizations: Nvidia, Intelligence, SAP Center, Wednesday Locations: San Jose , California

☆ U.S. Military Faces Reality in Gaza as Aid Project Struggles
▼ + stars: | 2024-05-23 | by ( Helene Cooper | Adam Rasgon | ) www.nytimes.com time to read: +1 min

The Defense Department predicted that a steady stream of humanitarian aid would be arriving in Gaza via the pier by now, but little relief has reached Palestinians in the besieged strip, officials acknowledged this week. Several trucks were looted as they made their way to a warehouse, the U.N. World Food Program said, and the complexity of operating the pier project in a war zone is continuing to slow distribution. Looting of aid trucks has continued, officials said, and forced the World Food Program to suspend operations for two days. The U.N. agency for Palestinian refugees, UNRWA, suspended food distribution in Rafah on Tuesday, citing lack of security. For one thing, White House policy does not allow U.S. troops to be on the ground in Gaza.

Organizations: ., The Defense Department, Food Program, Food, UNRWA, Pentagon Locations: Gaza, Rafah, Kerem Shalom, U.S

☆ Middle East Crisis Spain, Norway and Ireland Recognize a Palestinian State, Adding to Israel’s Isolation Over War
▼ + stars: | 2024-05-22 | by ( Emma Bubola | ) www.nytimes.com time to read: +3 min

Spain, Norway and Ireland said on Wednesday that they would recognize an independent Palestinian state, a rebuke to Israel over its war in Gaza and its decades of occupation of Palestinian territories. More than 140 countries and the Holy See have recognized a Palestinian state, but most Western European countries and the United States have not. Israel strongly opposes international attempts to recognize a Palestinian state and maintains that Israel needs to negotiate directly with Palestinian leaders on a permanent solution. Mr. Netanyahu has said that establishing a Palestinian state would be an “existential danger” to Israel. Countries that are moving toward recognizing Palestinian statehood argue that doing so would preserve the possibility of a two-state solution for Israelis and Palestinians.

Persons: ” Jonas Gahr, Spain’s, Pedro Sánchez, Benjamin Netanyahu, “, Mr, Sanchez, Simon Harris of, Netanyahu, Israel, ”, Israel Katz, ” Ziad Abu Amr, Aaron Boxerman, Henrik Pryser Libell, Adam Rasgon, Victoria Kim Organizations: Palestinian, West Bank Locations: Spain, Norway, Ireland, Israel, Gaza, Oslo, Palestine, Palestinian, United States

☆ This quarter isn't going to define Nvidia, says Requisite's Bryn Talkington
▼ + stars: | 2024-05-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis quarter isn't going to define Nvidia, says Requisite's Bryn TalkingtonRitholtz's Josh Brown, Requisite's Bryn Talkington, and Bernstein's Stacy Rasgon join 'Closing Bell' to discuss Nvidia ahead of earnings and what it means for the broader market.

Persons: Requisite's Bryn Talkington, Josh Brown, Bernstein's Stacy Rasgon Organizations: Nvidia

☆ Watch CNBC’s full interview with Ritholtz’s Josh Brown, Requisite’s Bryn Talkington and Bernstein’s Stacy Rasgon
▼ + stars: | 2024-05-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Ritholtz’s Josh Brown, Requisite’s Bryn Talkington and Bernstein’s Stacy RasgonRitholtz's Josh Brown, Requisite's Bryn Talkington, and Bernstein's Stacy Rasgon join 'Closing Bell' to discuss Nvidia ahead of earnings and what it means for the broader market.

Persons: Ritholtz’s Josh Brown, Requisite’s Bryn, Bernstein’s Stacy Rasgon Ritholtz's Josh Brown, Requisite's Bryn Talkington, Bernstein's Stacy Rasgon Organizations: Nvidia

☆ Israel Seizes Camera From A.P., Citing Use of Its Images by Al Jazeera
▼ + stars: | 2024-05-21 | by ( Adam Rasgon | More About Adam Rasgon | ) www.nytimes.com time to read: +1 min

Israel’s Communications Ministry confiscated camera equipment from The Associated Press on Tuesday, claiming the agency had violated a new broadcasting law by providing images of northern Gaza to Al Jazeera. The seizure was an escalation in Israel’s efforts to punish Al Jazeera, the pan-Arab broadcaster that the Israeli government voted to shut down two weeks ago. In a statement, the Communications Ministry said inspectors had gone to a location in southern Israel used by The A.P. reported that Israeli authorities had conveyed a verbal order last week to shut down the live feed, but it did not comply. Al Jazeera has said that Israel’s decision to shutter its operations in the country violated “the basic right to access of information.”

Persons: Al Jazeera, Lauren Easton, ’, Easton, Al Jazeera’s, Jazeera, ” Organizations: Israel’s Communications Ministry, Associated Press, Qatari, Communications Ministry, Al Locations: Gaza, Al Jazeera, Israel

Israel said on Thursday that it would send more troops to Rafah, the southernmost city in Gaza, which has become the focal point in the war between Israel and Hamas. The announcement signaled that Israel intends to press deeper into Rafah despite international concerns about the threat to civilians from a full-scale invasion of the city, where more than a million displaced people had been sheltering. “Hundreds of targets have already been attacked,” Yoav Gallant, Israel’s defense minister, said after meeting with commanders in the Rafah area. “This operation will continue.”For the past week Israel has described its offensive as a limited military operation, but satellite imagery and Mr. Gallant’s comments on Thursday suggested that a more significant incursion was already underway.

Persons: Israel, ” Yoav Gallant, Gallant’s Organizations: Hamas Locations: Rafah, Gaza, Israel, “

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