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Right now, securitized products in general look relatively cheap, said John Kerschner, head of U.S. securitized products and portfolio manager at Janus Henderson Investors. To meet this need, Janus launched its Securitized Income ETF (JSI) in November, which invests across the securitized space. JSI YTD mountain Janus Henderson Securitized Income ETF Collateralized loan obligations Another fund Kerschner manages is the Janus Henderson AAA CLO ETF . One way investors can get broad exposure to CMBS via BlackRock's iShares CMBS ETF . CMBS YTD mountain iShares CMBS ETF year to date However, Janus' Kerschner pointed out that all office work isn't going away.
Persons: Nick Travaglino, Nuveen, Travaglino, John Kerschner, Janus Henderson, Janus, Kerschner, Rick Rieder, I've, Rieder, CLOs, it's, isn't, Fannie Mae, Freddie Mac, Kershner, We're Organizations: Investors, Fund, Janus Henderson Investors, SEC, Janus Henderson AAA CLO, Bank of America, AAA CLOs, BlackRock AAA CLO Locations: CLOs, BlackRock, Moody's, CMBS, multifamily
The Israeli ground-and-air operation in the eastern part of Rafah on Tuesday further hampered the area’s struggling medical system. Fearing a raid by Israeli forces, like those that have been carried out at hospitals across Gaza, the medical staff at al-Najjar rushed to relocate more than 200 patients. But even during the scramble to evacuate the hospital, Israeli airstrikes on Rafah continued. The Israeli military’s actions also immediately limited access to more basic health services across Rafah. That delegation was also supposed to deliver the salaries of the aid group’s medical workers in Rafah — cash they desperately needed to secure housing and transportation during the chaotic evacuation.
Persons: Abu Yousef al, ” Dr, Marwan al, Najjar, Khan Younis, Hams, , Israel, , Chessa Latifi, Hatem Khaled, Kamal Adwan, “ We’ve, ” Ms, Latifi, Dr, John Kahler, MedGlobal, Kahler Organizations: Najjar, Hams, European Hospital, International Medical Corps, HOPE, ., Project HOPE, Kamal Adwan Hospital, Health, Awda Locations: Rafah, Gaza, Israeli, Israel, Khan, al, U.S, Gaza City, Cairo
The officials said that the changes were made by Arab mediators in consultation with William J. Burns, the C.I.A. Qatari and Egyptian mediators spoke with him on Monday about the changes that Hamas was ready to accept, the two officials said. Hamas said that Arab mediators had put forward the changes, but one official said that Hamas had suggested them. Mr. Netanyahu said last week that he would carry out an offensive in Rafah “with or without” an agreement. More than one million Palestinians have sought shelter in Rafah as they fled other parts of Gaza under attack by Israel.
Persons: William J, Burns, Israel, Benjamin Netanyahu, Netanyahu, Adam Rasgon Organizations: Hamas, U.S, Qatar’s, Ministry, Qatari Locations: Israel, United States, Gaza, Cairo, Rafah, Jerusalem
International humanitarian officials said the military operation had halted the flow of aid from Egypt into Gaza, exacerbating extreme hunger and privation in the besieged territory. “The situation is catastrophic in every sense of the word,” said Dr. Suhaib Hems, the head of Kuwait Hospital in Rafah, adding that 27 bodies and 150 wounded people had been brought to his facility since Israeli tanks entered the city. The Israeli military said it had killed about 20 people in Rafah, describing the dead as Hamas militants. Hamas said it had fired on Israeli soldiers on Tuesday at another vital aid crossing, near Kerem Shalom, along Gaza’s southern border with Israel. The Israeli military said that four mortar shells and two rockets had been launched toward Kerem Shalom from Rafah but that no injuries or damage were reported.
Persons: , Suhaib Hems Organizations: International, Kuwait Hospital Locations: Rafah, Gaza, Egypt, Kerem Shalom, Israel, Shalom
Israeli officials said on Tuesday that major gaps remained with Hamas over the latest proposal for a cease-fire in Gaza, as delegations from both sides arrived in Cairo to resume talks. Hamas said on Monday that it had accepted the terms of a cease-fire proposed by Arab mediators, and U.S. officials said it had minor wording changes from a proposal that Israel and the United States had recently presented to the group. But Israeli officials disputed that characterization, with Prime Minister Benjamin Netanyahu saying on Tuesday that his war cabinet unanimously believed the proposal Hamas had agreed to was “very far from Israel’s core demands.”The text of the revised proposal was circulating in Israeli news media on Tuesday and was confirmed as authentic by a senior Hamas official. A person briefed on the negotiations also described the differences in the two sides’ positions. That proposal left those two words open to interpretation.
Persons: Benjamin Netanyahu Organizations: Hamas Locations: Gaza, Cairo, Israel, United States, Egypt
has been reporting from Ukraine since the beginning of the war with Russia. He was previously based in London as an international news editor focused on breaking news events and earlier the bureau chief for East and Central Europe, based in Warsaw. He has also reported extensively from Iraq and Africa.
Organizations: East Locations: Ukraine, Russia, London, Central Europe, Warsaw, Iraq, Africa
"One woman wanted to rent my office to work," remembers Lisa Slocum, the airport Fifth Third Bank branch manager. Capital One closed its branch at Washington, D.C.'s Dulles International Airport in 2020, instead creating "airport lounges" for cardholders in Dulles, along with similar spots at airports in Denver and Dallas. Yet full-service airport bank branches are a relative rarity, surprising in a retail landscape that often resembles an upscale mall more than a terminal. Fifth Third BankWells Fargo operates a full-service branch in Las Vegas's Harry Reid International Airport, and according to a bank spokeswomen, has a multi-year relationship with the airport that involves both the branch and multiple ATMs throughout terminals. McAdam says ATMs and advanced-function kiosks are one thing, but a full-service branch, except maybe in the largest markets, is overkill.
Persons: Kevin Williams Nicolette Nelson, Nelson, It's, Lisa Slocum, Slocum, Hannah Thelen, Ashley Thelen, Mindy Kershner, CVG's, Marketing Brent Andersen, Andersen, that's, Chase, John Sieg, Sieg, Harry Reid, Wells Fargo, Brian Davis, Paul McAdam, Power, McAdam Organizations: Northern, Northern Kentucky International, Fifth Third Bank, Fifth, Bank, TSA, Third, Dulles, Airport, Capital One, Washington , D.C, Wings Credit Union, Paul International Airport, Wings, Marketing, JPMorgan Chase, PNC, Sky, Fifth Third Bank Wells, Harry Reid International Airport, Truist Bank, Hartsfield, Jackson Atlanta International Airport, Financial Locations: Fairbanks, Cincinnati, Northern Kentucky, Spain, Washington ,, cardholders, Dulles, Denver, Dallas, it'd, Kentucky, Minneapolis, St, Las, Vegas, New York City, New York
Nearing the end of a whirlwind Middle East trip this week, Secretary of State Antony J. Blinken finished meetings with the Israeli president and relatives of American hostages held by Hamas, left his beachside hotel in Tel Aviv and shook hands with protesters gathered outside. He looked them in the eye and said there was a new hostages-for-cease-fire deal on the table that Hamas should take. “Bringing your loved ones home is at the heart of everything we’re trying to do, and we will not rest until everyone — man, woman, soldier, civilian, young, old — is back home,” he said. That public show of empathy with frustrated protesters is something that Prime Minister Benjamin Netanyahu has avoided since the war began in October. And, lately, he has focused his recent public comments on an imminent ground offensive — an invasion of the city of Rafah in southern Gaza “with or without” a cease-fire deal, as the Israeli leader put it on Tuesday.
Persons: Antony J, Blinken, , Benjamin Netanyahu Organizations: Hamas Locations: Tel Aviv, Rafah, Gaza
On Today’s Episode:With Israel Poised to Invade Rafah, Negotiators Try Again for Cease-Fire Deal, by Isabel Kershner and Edward WongCrackdowns at 4 College Protests Lead to More Than 200 Arrests, by Anna Betts, Matthew Eadie and Nicholas Bogel-BurroughsTrump and DeSantis Meet for First Time Since Bruising Primary, by Maggie Haberman and Nicholas Nehamas
Persons: Isabel Kershner, Edward Wong Crackdowns, Anna Betts, Matthew Eadie, Nicholas Bogel, Burroughs Trump, Maggie Haberman, Nicholas Nehamas Locations: Rafah
As international diplomats converged in the Middle East on Sunday seeking a cease-fire in the Gaza Strip, Israel wrestled with whether to go forward with a ground invasion of Rafah, Hamas’s last bastion in the enclave, according to Israeli officials and analysts. Israeli officials have said repeatedly that they plan to move into Rafah, but over the weekend, they made clear they were open to holding off if it meant they could secure the release of Israeli hostages taken when Hamas attacked Israel on Oct. 7. Benny Gantz, a member of the Israeli war cabinet, said Sunday that while “entering Rafah is important for the long battle against Hamas,” freeing the remaining hostages, whose number is estimated at about 100, “is urgent and much more important.”As Secretary of State Antony J. Blinken headed for Saudi Arabia on Sunday to meet with officials from a half-dozen Arab nations, an American official said Mr. Blinken’s top priority was a cease-fire deal that would include the release of all hostages.
Persons: Benny Gantz, Antony J, Blinken Locations: Gaza, Israel, Rafah, Hamas’s, Saudi Arabia
Under intense international scrutiny, Israel has expedited the flow of aid into Gaza this month, but humanitarian groups say that more is needed as severe hunger grips the enclave, particularly in the devastated north. Israel’s efforts — which include opening new aid routes — have been acknowledged in the last week by the Biden administration and international aid officials. More aid trucks appear to be reaching Gaza, especially the north, where experts have warned for weeks that famine is imminent. The increased levels of aid are a good sign, but it is too early to say that looming famine is no longer a risk, said Arif Husain, the chief economist at the United Nations World Food Program. “If we can do this, then we can ease the pain, we can avert famine.”
Persons: Biden, Arif Husain, ” Mr, Husain, Organizations: United Nations, Food Locations: Israel, Gaza
Many Israelis were in a somber mood on Monday as they prepared to usher in Passover, the Jewish festival of freedom, saying they would mark the holiday rather than celebrate it, with more than 130 hostages remaining in Gaza. The number of hostages believed to be alive is unclear, and with negotiations with Hamas captors at an impasse, there is little prospect of their imminent release. Israelis are still jittery after an exchange of fire with Iran this month, the first time Tehran had directly attacked Israel from Iranian territory. More than 250 Israeli soldiers have been killed in Gaza since the start of Israel’s ground invasion in late October, the military says. More than 34,000 Palestinians have been killed in the war, according to Gaza health officials.
Locations: Gaza, Egypt, Iran, Tehran, Israel
Image Palestinians in front of closed shops on Sunday during a strike in Hebron, in the Israeli-occupied West Bank. Sunday’s strike “paralyzed all aspects of life” in the West Bank, according to the official Palestinian news agency, Wafa, with shops, schools, universities and banks shuttered. And violence in the West Bank has sharply escalated in recent months. Deadly violence against Palestinians by Israeli settlers in the West Bank has also reached record levels since Oct. 7. Later on Sunday morning, an Israeli man was slightly injured in an explosion in the West Bank, according to the Israeli emergency services.
Persons: Mussa Qawasma, , Nur Shams, Fatah Organizations: West Bank . Credit, West Bank, Sunday, West Bank —, Palestinian Ministry of Health, Palestinian Health Ministry, Palestinian, Palestinian Ministry, Palestinian Authority, United Locations: Hebron, Israel, Gaza, Nur, United States
The United States is considering imposing sanctions on one or more Israeli battalions accused of human rights violations during operations in the occupied West Bank, according to a person familiar with the deliberations. Mr. Netanyahu said in a social media post that his government would “act by all means” against any such move. The news about the possible sanctions, reported earlier by Axios, came only a day after the House approved $26 billion for Israel and humanitarian aid for civilians in conflict zones, including Gaza. The sanctions, if imposed, would not hold up the military aid that was just approved in Congress. On Sunday, Palestinians in the West Bank went on a general strike to protest a deadly Israeli military raid at a refugee camp.
Persons: Benjamin Netanyahu, Mr, Netanyahu, Axios Organizations: West Bank, Biden, Sunday Locations: States, Gaza, Israel
Iran’s attack on Israel, an immense barrage that included hundreds of ballistic missiles and exploding drones, changed the unspoken rules in the archrivals’ long-running shadow war. In that conflict, major airstrikes from one country’s territory directly against the other had been avoided. Given that change in precedent, the calculus by which Israel decides its next move has also changed, said the Israeli officials who requested anonymity to discuss Iran. “We cannot stand still from this kind of aggression,” Rear Adm. Daniel Hagari, the spokesman for Israel’s military said on Tuesday. Iran, he added, would not get off “scot-free with this aggression.”
Persons: Israel, Daniel Hagari, “ scot, Locations: Israel, Iran
As Israel’s leaders continued on Monday to mull a possible response to the massive Iranian aerial attack over the weekend, they faced several choices, all of which carry their own risks. In the past, Israel has hit back hard when its enemies attacked, hoping to discourage further hostilities. But this time Israel is juggling a host of conflicting interests, as well as some new factors. Some Israelis see an opportunity to use military strikes to fulfill the longstanding Israeli goal of degrading Iran’s nuclear program. Analysts say the success of Israel and its allies, led by the United States, in blocking most of the Iranian attack has given Israel the leeway to choose how and when to respond, if at all.
Persons: , Benjamin Netanyahu’s, Organizations: Iranian Embassy Locations: mull, Israel, Iranian, Gaza, Syria, — Israel, United States
Israel’s war cabinet on Monday met to weigh possible responses to Iran’s missile and drone attack over the weekend, as the United States, Britain and other allies strongly urged Israel to show restraint and sought to de-escalate tensions between the two regional powers. Some far-right members of Prime Minister Benjamin Netanyahu’s government called for a swift and forceful retaliation in response to Iran. There was no immediate public statement by the ministers, or by the Israeli prime minister. “We are weighing our steps,” Lt. Gen. Herzi Halevi, the Israeli military chief of staff, told Israeli soldiers on Monday in televised remarks during a visit to an Israeli air base. While the United States, Britain and France strongly condemned Iran’s assault and stepped in to help thwart it on Saturday, their calls for restraint highlighted the pressure Israel was facing to avoid a more direct confrontation with Iran.
Persons: Benjamin Netanyahu’s, Herzi Halevi, ” Mr, Netanyahu, Biden Locations: United States, Britain, Israel, Iran, Gaza, France
The Iranian armed forces are among the biggest in the Middle East, with 580,000 soldiers and officers and also 200,000 reservists. The start of a direct military confrontation between Iran and Israel has brought renewed attention to Iran’s armed forces. Instead, Israel and Iran have been engaged in a long shadow war via air, sea, land and cyberattacks, and Israel has covertly targeted military and nuclear facilities inside Iran and killed commanders and scientists. It’s that they realize any war against Iran is a very serious war.”What sort of military threat does Iran pose? The commander in chief of Iran’s armed forces is the supreme leader, Ayatollah Ali Khamenei, who has the last word on all major decisions.
Persons: , Afshon Ostovar, “ It’s, Ayatollah Ali Khamenei, Fabian Hinz, , Atta Kenare, Ostovar, Ayatollah Khamenei, Shah Mohammed Reza Pahlavi, Will Israel’s Organizations: Naval Postgraduate School, Islamic Revolutionary Guards Corps, International Institute for Strategic Studies, Guards, General Staff of, Armed Forces, Quds Force, Agence France, Phantoms, Iranian Army, Associated Press Locations: Tehran, Iranian, Iran, Israel, Damascus, United States, Washington, Lebanon, Yemen, Syria, Iraq, Jihad, Gaza, Berlin, speedboats, Persian, Hormuz, Russia, Ukraine, Sudan, North Korea
More than 60,000 Israelis who live far from Gaza but close to the front line of another spiraling conflict have in recent months been ordered from their homes along Israel’s northern border with Lebanon — the first mass evacuation of the area in Israeli history. In one Israeli border town, antitank missiles fired from Lebanon have damaged scores of homes. In another village, holdouts who refuse to evacuate said they avoided turning lights on at night to keep from becoming visible targets. The evacuations and an effort in Lebanon to move thousands of civilians away from the border are the result of an intensifying conflict between Israel and Hezbollah, the Lebanese militia and political organization. The skirmish along Israel’s northern border is being fought in parallel with the more intense war in Gaza, which Israel launched after Hamas’s Oct. 7 attack.
Persons: holdouts, Israel Organizations: Hezbollah, Lebanese Locations: Gaza, Lebanon, Israel
Veterinarians told Business Insider which pet products they don't think are worth splurging on. Business Insider asked veterinarians to highlight a few pet products that can be a waste of money. Pet multivitamins aren't always necessaryPets don't usually don't need multivitamins to stay healthy. bbearlyam/ShutterstockIt may be tempting to splurge on a fancy wardrobe for your dog, but most pets don't need clothes. "Pets don't need fancy clothes or clothing at all," said Barrack.
Persons: , John Kershner, Shutterstock Stacy Choczynski Johnson, Johnson, Santi Nanta, Jennifer McCallum, Heather Venkat, Venkat, Chew, Richardson, Rachel Barrack, Barrack Organizations: Service, Business, Pumpkin Pet Insurance, FDA, Veterinary Oral Health, Animal Acupuncture
Gathered this month around a campfire on the edge of a forest in central Israel, the soldiers planned their next mission: saving their deeply divided country from itself. Like many of the thousands of Israeli reservists called to fight in Gaza, the soldiers left for war amid a sudden surge of national unity after the Oct. 7 Hamas-led attacks on Israel. But as the military has withdrawn soldiers from Gaza in recent weeks and the troops have returned home, they have found their country less like it was after Oct. 7 and more like it was before: torn by divisive politics and culture clashes. Now, as these bitter divisions re-emerge, disillusioned reservists are at the vanguard of movements demanding a political reset, seeking unity and repudiating what many view as extreme polarization.
Locations: Israel, Gaza
President Biden and Prime Minister Benjamin Netanyahu of Israel each addressed the future of the battle in Gaza this week, speaking just a day apart but worlds removed from one another in a way that captured the essential tension between the two men after more than four months of fighting. Mr. Netanyahu spoke of war and how it would continue even if there is a temporary cease-fire to secure the release of hostages, just “delayed somewhat.” Mr. Biden spoke of peace and how such a cease-fire deal could “change the dynamic,” leading to a broader realignment that would finally end the underlying conflict that has defined the Middle East for generations. Mr. Netanyahu has a compelling interest in prolonging the war against Hamas to postpone the day of reckoning when he will face accountability for failing to prevent the Oct. 7 terrorist attack. Mr. Biden conversely has a powerful incentive to end the war as soon as possible to tamp down anger in the left wing of his party before the fall re-election campaign when he will need all the support he can get. At the same time, each has reason to think he may yet get a better deal if the other loses his post.
Persons: Biden, Benjamin Netanyahu, Mr, Netanyahu, Bibi, Donald J, Trump Organizations: Mr Locations: Israel, Gaza
Prime Minister Benjamin Netanyahu said Sunday that Israeli forces would push into the southern Gaza Strip city of Rafah regardless of the outcome of talks to pause the fighting that appear to have been making some progress in recent days. “It has to be done,” the Israeli prime minister said. “Because total victory is our goal, and total victory is within reach.”Mr. Netanyahu did say that if a cease-fire deal was reached, the move into Rafah, which during 20 weeks of war has served as a last refuge for hundreds of thousands of Gazan families forced from their homes, would be “delayed somewhat.”The push toward Rafah has drawn warnings from Israel’s closest ally, the United States, because of the potential for mass civilian casualties beyond the nearly 30,000 Gazans who have already been reported killed in the war, more than half of whom are women and children.
Persons: Benjamin Netanyahu, Mr, Netanyahu Organizations: Sunday Locations: Gaza, Rafah, United States
Prime Minister Benjamin Netanyahu of Israel, brushing aside a chorus of international condemnation, said Sunday that an invasion of the southern Gazan city of Rafah would move forward as soon as Israel completed plans for the more than a million people sheltering there to be allowed to move to safety. “Those who say that under no circumstances should we enter Rafah are basically saying: ‘Lose the war,’” Mr. Netanyahu said on “This Week With George Stephanopoulos.”But given the complexity of an operation in Rafah, a ground invasion does not appear likely to happen any time soon, analysts said. More than half of Gaza’s 2.2 million residents fled there to avoid fighting farther north, packing the city with refugees with nowhere else to go. One Hamas official, Basem Naim, said Mr. Netanyahu was “deluding himself” if he thought that threatening to invade Rafah would increase the pressure on Palestinian negotiators to agree to Israel’s terms for a cease-fire. More than 28,000 people in Gaza, many of them women and children, have already been killed since the war began in October, Gazan health officials say.
Persons: Benjamin Netanyahu, Israel, , Mr, Netanyahu, George Stephanopoulos, Basem Naim, “ deluding Organizations: Hamas Locations: Gazan, Rafah, Israel, Gaza
Israeli leaders have framed an invasion of the southern Gaza city of Rafah as an imperative to achieve its goal of eliminating Hamas. The planning will likely take Israel’s military some time, Israeli officials and analysts said on Sunday. The Biden administration has also raised concern over fighting during the Muslim holy month of Ramadan, according two Israeli officials with knowledge of the discussions. Israeli officials say the military is still working on its plans for invading Rafah and that they have not yet been presented to Prime Minister Benjamin Netanyahu. “The operation in Rafah will happen,” Avi Dichter, a minister from Mr. Netanyahu’s conservative Likud party, told Israel’s public broadcaster, Kan, on Sunday.
Persons: Gazans, Biden, Benjamin Netanyahu, ” Avi Dichter, Netanyahu’s, Kan, Organizations: Israel, Likud Locations: Gaza, Rafah, Egypt, Mecca
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