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☆ Apple and Nvidia tank as 'Magnificent Seven' tech stocks take a battering
▼ + stars: | 2024-08-05 | by ( Polly Thompson | ) www.businessinsider.com time to read: +2 min

Shares in the "Magnificent Seven" tech giants fell on Monday amid a global sell-off. AdvertisementShares in the so-called "Magnificent Seven" tech giants plummeted on Monday as fears of a US recession triggered global market disruption. In pre-market trade, the two tech giants had fallen by more than 15% and 18% respectively. The combined value of the "Magnificent Seven" is now below $15 trillion, down from a peak of $17 trillion in July. The tech sector's market volatility was set to continue on Monday, with the Nasdaq Composite down 4.28%.

Persons: —, Tesla Organizations: Service, Nvidia, Apple, Microsoft, Meta, Tech, Nasdaq

The Israeli military said its air force had struck what it described as Hezbollah targets in Kfar Kila and killed a Hezbollah leader in Deir Siriane. Hezbollah has fired thousands of rockets and drones at Israel, saying it was acting in solidarity with Hamas, which is also backed by Iran. Hamas and Iran have accused Israel of assassinating Mr. Haniyeh, but Israel has not publicly taken responsibility for that killing. Iran, Hezbollah and Hamas have vowed to retaliate against Israel. For now, the developments appear to have derailed any prospect, however remote, of a cease-fire between Hamas and Israel.

Persons: Beit Hillel, Deir, Fuad Shukr, Ismail Haniyeh, Shukr, Israel, Mr, Haniyeh Organizations: Hezbollah, Hamas, Sunday Locations: Israel, Iran, Lebanon, Beit, Kfar Kila, Deir Siriane, Beirut, Tehran, Golan

☆ The stock market is in no man's land. Here's what investors should expect next
▼ + stars: | 2024-08-04 | by ( Jim Cramer | ) www.cnbc.com time to read: +16 min

Anything above 4% indicates the market is overbought, anything below a minus 5% means the market is oversold.) I am just prematurely predicting other investors fleeing the stock because they think Warren knows more than them. Many investors thought that Amazon was the best set up of the Mag Seven going into earnings. We are right smack in a most perilous moment because the Fed doesn't want to move too fast but the stock market does and the Fed does not care about that. I don't think a presidential election is all that conducive to the market.

Persons: Warren Buffett's Berkshire Hathaway, Apple, Warren, That's, Buffett, Tim Cook, Cook, Carl Icahn, I'd, Donald Trump, don't, Jerome Powell, Meta, It's, Pat Gelsinger, Andy Grove, Gelsinger, Craig Barrett, that's, Pat, Let's, Mark Zuckerberg, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Dow, of America, Apple, Microsoft, Bank of America, Amazon Web Services, Investors, Comcast, Walgreens, CVS, Federal, whimpers, Amazon, Nvidia, Meta, Intel, Lenovo, Dell, HP, CNBC, Jim Cramer's Charitable, Traders, New York Stock Exchange Locations: Friday's, China, —, Wells, U.S, humorless, Taiwan, Brookfield, Arizona, NBCUniversal

☆ Taiwan is making a TV show about a Chinese invasion. And it’s hitting close to home
▼ + stars: | 2024-08-04 | by ( Nectar Gan | Eric Cheung | ) edition.cnn.com time to read: +12 min

The 17-minute trailer hit close to home in Taiwan, making headlines in local media and garnering more than a million views on YouTube. But Hsin-mei Cheng, the showrunner of “Zero Day,” worried that her fellow Taiwan citizens have grown “too numb” to the danger of an impending conflict. Hsin-mei Cheng, the showrunner of "Zero Day," says she hopes the show can serve as a wakeup call to the people of Taiwan. Cheng also assembled a team of 10 directors, each responsible for an episode in “Zero Day” that tells an independent story. In “Zero Day,” Chinese infiltration and cognitive warfare takes on many forms – from the lure of money and power to the threat of violence.

Persons: ”, China’s, Xi Jinping, Cheng, “, Mei Cheng, Nancy Pelosi’s, Robert Tsao, Lo Ging, Howard Yu, ” Cheng, Lo, Chapman, Hong Kong’s, –, livestreaming, influencers, Beijing’s, Howard Yu Su Tzu, yun, Lee Yen, China – Organizations: Taipei CNN, China’s People’s Liberation Army, PLA, Communist Party, YouTube, CNN, Presidential, Taiwan’s Ministry of Culture, Netflix, Chinese Communist Party, Taiwan’s Institute for National Defense and Security Research, Kuomintang Locations: Hong Kong, Taipei, Taiwan, dramatize, China, Ukraine, Beijing, Kinmen

☆ Crypto selloff wipes out $270 billion in value as bitcoin, ether plunge
▼ + stars: | 2024-08-04 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

The cryptocurrency market plummeted in value on Sunday, as investors continued selling out of risky assets. Led by a drop of 11% in bitcoin in the past 24 hours and a 21% plunge in ether, the overall value of cryptocurrencies sank by about $270 billion, according to CoinGecko data. The selloff in the crypto market coincided with a broader slide in equities in Asia-Pacific markets. The latest crypto wipeout will be felt by a broader base of investors after the SEC this year approved new spot exchange-traded funds for bitcoin and ether. WATCH: Bitcoin swings amid broad market selloff

Persons: Bitcoin, It's, Binance's, Morgan Stanley Organizations: Nikkei, Bank of Japan, Nasdaq, Nvidia, U.S . Federal, solana, SEC, CNBC, Wall Locations: bitcoin, Asia, Pacific, U.S, freefall, China, Taiwan, India, Australia

Hong Kong/London CNN —Japanese stocks on Monday suffered their biggest daily loss since 1987 as fears about a US economic slowdown sent shock waves through global markets. The Nikkei 225 index of leading stocks in Tokyo lost a staggering 4,451 points, its biggest point drop in history. On the more common, percentage measure, the index closed more than 12% down — according to Reuters, its largest one-day fall since October 1987. He was referring to “Black Monday” in October 1987, when global markets plunged and the Nikkei lost 3,836 points. The Nikkei closed down 5.8% Friday, as traders fretted about the impact of a stronger yen on Japanese companies.

Persons: ” Neil Newman, ”, Stephen Innes, Newman, Mohit Kumar, Taiwan’s Taiex, Kospi, Innes, Tom Kloza, Bitcoin Organizations: London CNN, Reuters, Advisory, CNN, Nikkei, Federal Reserve, Bank of Japan, Management, Trading, Nasdaq, Dow, Jefferies, Traders, greenback, PMI, Intel, Brent, Oil Price Information Service Locations: Hong Kong, London, Tokyo, Japan, South Korea, “, Asia, Europe, South, Shanghai, China, United States

☆ Japan’s stock market index Nikkei 225 touches bear territory as global rout enters a third day
▼ + stars: | 2024-08-04 | by ( Laura He | ) edition.cnn.com time to read: 1 min

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☆ Dow futures slide nearly 200 points after Nasdaq falls into a correction: Live updates
▼ + stars: | 2024-08-04 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City. U.S. stock futures fell Sunday night following a volatile week for Wall Street, in which the Nasdaq Composite dropped into correction territory. S&P 500 futures and Nasdaq-100 futures dipped 0.7% and 1.1%, respectively. On Friday, the Nasdaq capped a third straight week of losses, bringing the tech-heavy index down more than 10% from a record set last month. The S&P 500 also posted a third straight losing week, down 2% for the week.

Persons: Dow, Keith Lerner, CNBC's, It's, Warren Buffett's Berkshire Hathaway, Mary Daly Organizations: New York Stock Exchange, Wall, Nasdaq, Dow Jones Industrial, Dow Jones, Treasury, Federal Reserve, PMI, San Francisco Fed Locations: New York City . U.S, Hawaii

More than in any other foreign arena, Vance has sought to echo Trump on the Ukraine war. In doing so, he emphasized the thick vein of “scarcity politics” that runs through his foreign policy, arguing that the U.S. can’t equip Ukraine with enough materiel to hold back an opponent as vast as Russia. Vance described Ukraine ceding territory to Vladimir Putin as being in “America’s best interest” while appearing more supportive than Trump of remaining in NATO. The foreign policy views of Pence, vice president when Trump was in office, while not loved by everyone, were at least “mature” — they were informed by several terms experiencing the consequences of foreign policy becoming reality, according to Daniel Kurtzer, a former U.S. ambassador to Israel and now a professor at Princeton. Vance, on the other hand, brings “no foreign policy experience, certainly no expertise,” Kurtzer says, and he will fall in behind his boss when needed.

Persons: JD Vance, Donald Trump, ”, “, Vance, Clayton Allen, —, Anna Moneymaker, Trump, Bronwen Maddox, “ He’s, ” Allen, Biden, Vladimir Putin, Chatham House’s Maddox, Joe Biden, ” Vance, Patrick Baz, doesn’t, William Ruger, Israel, — Trump, Jair Bolsonaro, Viktor Orban, ” Trump, Stephen Maturen, Vance “, Dick, Cheney ”, George W, Allen, Hitler, Mike Pence, Pence, Daniel Kurtzer, ” Kurtzer, Benjamin Netanyahu, Charles Hollis, Hollis, Trump’s, ’ ”, Maddox, Grover Cleveland Organizations: Marines, Yale Law School, Gaza, Ohio, GOP, Eurasia Group, Republican Party, NATO, Republican National Convention, Democrat, Republicans, NAFTA, China, Getty, American Institute for Economic Research, Kremlin, Bloomberg, Trump, Princeton, United, Aperio Intelligence Locations: Iraq, U.S, Ukraine, Sierra Vista, London, Kyiv, Russia, lockstep, Europe, Mexico, Baghdad’s, Owerij, Ohio, Pennsylvania, Michigan, Great Barrington , Massachusetts, Ukrainian, Taiwan, “, St Cloud, Minn, Israel, China, Gaza, Saudi Arabia, Iran, United States, Montezuma, Canada

☆ Spectator dragged from arena for holding up Taiwan banner during Olympic badminton match
▼ + stars: | 2024-08-03 | by ( Joshua Berlinger | ) edition.cnn.com time to read: +1 min

Taiwan competes at the Olympics as “Chinese Taipei” as the result of a political compromise – but not under its own name, flag or anthem. Reuters reported that its journalists saw the spectator shouting while being removed mid-match. The banner he was carrying was green, a color used by the island’s ruling Democratic Progressive Party, as well as those who advocate for Taiwanese independence and greater autonomy. Taiwan’s Ministry of Foreign Affairs said it “strongly condemns the crude and despicable means of malicious individuals ruthlessly snatching the ‘Go Taiwan’ slogan.”“This violent act is not only uneducated, but also seriously violates the civilized spirit represented by the Olympic Games. It also violates the rule of law and infringes on freedom of speech,” the ministry said in a statement.

Persons: Republic of China ”, “ Organizations: Paris CNN — Security, Paris Olympics, Taiwan, Reuters, Democratic Progressive Party, Taiwan’s Ministry of Foreign Affairs, Olympic Locations: Taiwan, Taipei, Republic of China, Beijing, China, France

☆ Iran warns that Hezbollah will likely hit non-military targets in Israeli territory in response to Israel's strike on Beirut
▼ + stars: | 2024-08-03 | by ( Cameron Manley | ) www.businessinsider.com time to read: +1 min

Iran has warned that Hezbollah may hit "broader and deeper targets" in Israeli territory. Iran's Permanent Mission to the UN said Hezbollah may not "restrict itself solely to military targets." It comes in response to an Israeli strike on Beirut on Tuesday that killed a senior Hezbollah officer. Go to newsletter preferences Thanks for signing up! AdvertisementIran's Permanent Mission to the UN has said that Hezbollah will likely respond to Israel's assassination of one of its top military commanders with "broader and deeper targets" in Israeli territory.

Persons: — Organizations: UN, Service, Business Locations: Iran, Beirut

☆ 2 recession indicators with perfect track records show the US just entered a downturn — opening the door for stocks to plummet as the Fed gets set to cut rates
▼ + stars: | 2024-08-03 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

AdvertisementSt. Louis FedDespite the Sahm Rule's impressive history, it is sometimes criticized because it fails to account for rising labor participation, which can raise the unemployment rate. In addition to downcast labor market data, the ISM Manufacturing Index fell further into contraction territory this week, signaling that US manufacturing continues to slow. The market's direction also depends on how investors interpret interest rate cuts alongside future data. Fed funds rate futures markets are now pricing in a 50-basis-point cut in September, according to the CME FedWatch Tool. AdvertisementHartnett and his team analyzed Fed rate-cutting cycles and identified three different types of rate cuts — cuts into a soft landing, cuts into a hard landing, and panic cuts, which are due to a credit event or some sort of Wall Street crisis.

Persons: —, Claudia Sahm —, Louis Fed, Piper Sandler, Tom Essaye, Jack McIntyre, Lara Castleton, Janus Henderson, Michael Kantrowitz, we've, Kantrowitz, Michael Hartnett, Hartnett Organizations: Service, Bureau of Labor Statistics, Business, Labor, Brandywine Global, ISM, Nasdaq, Fed, Janus, Janus Henderson Investors, Bank of America, Fund

☆ 3 reasons to worry about July’s weak jobs report — and 1 reason not to panic
▼ + stars: | 2024-08-03 | by ( Bryan Mena | ) edition.cnn.com time to read: +8 min

The Federal Reserve now has egg on its face after it kept interest rates near a quarter-century high earlier this week. By now, there’s ample evidence that the job market, a key driver of the US economy, has lost steam. Here are three reasons to be worried about July’s shockingly weak jobs report — and one silver lining. Consumer demand itself also hasn’t weakened just yet, despite the highest interest rates in more than two decades. Generally, the Fed makes its decision congruent with what’s going on with inflation or the job market.

Persons: , July’s, ’, ”, Claudia Sahm, Sahm, Elizabeth Crofoot, Alicia Wallace, Jerome Powell, ” Crofoot, ” Michael Gapen, Matt Egan, weren’t, ” Truist’s Keith Lerner, they’ll, hasn’t, ” Chris Rupkey, Alan Blinder, Paul Krugman Organizations: New, New York CNN, Federal Reserve, Fed, Bloomberg, Bank of America, Dow, Nasdaq, Wall, Investors, Labor, Citigroup, JPMorgan Locations: New York, decelerate, American

☆ Ukraine pushed Russia's Black Sea Fleet out of Crimea but retaking the peninsula will be incredibly hard
▼ + stars: | 2024-08-03 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +10 min

Read previewUkraine has dealt a massive blow to Russia's Black Sea Fleet in Crimea. Russia has retained control of Crimea since invading and annexing the peninsula in 2014 and secured Sevastopol as the headquarters for its Black Sea Fleet. Related stories"Without an amphibious naval force to land in Crimea, how can Ukraine project enough troops onto the peninsula to claim its control?" Ukraine has resorted to hitting Russia's air defenses in Crimea with missiles and long-range weapons, including US-supplied Army Tactical Missile Systems, known as ATACMS. "Even with F-16s, I don't think Ukraine has the ability to provide its ground forces effective close air support, given Russian air defense capability," he told BI.

Persons: —, steeled, Mark Cancian, who's, Basil Germond, Ulf Mauder, Cancian, Mark Temnycky, Ukraine's, Mikhail Razvozhaev, Temnycky, Benjamin Friedman, VIKTOR KOROTAYEV, Sergej Sumlenny, Sumlenny, Operation Barbarossa, Friedman Organizations: Service, Business, US Marine, Center for Strategic, International Studies, Lancaster University, Getty, Council's Eurasia Center, Ukraine, Army Tactical Missile Systems, The Institute, Defense, Resilience Initiative, Soviet Union's Red Army, Russians, Red Army, Soviet Union —, Soviet Union Locations: Ukraine, Crimea, Russia, Sevastopol, Russian, Kerch, Feodosia, Novorossiysk, Kherson, Ukrainian, Pereko, Suvorikin, Soviet, Soviet Union, Operation, Soviet Ukraine, Pereko —

☆ Donald Trump is willing to debate Kamala Harris — but only on Fox News
▼ + stars: | 2024-08-03 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +1 min

Donald Trump says he is willing to debate Kamala Harris on Fox News in Pennsylvania on September 4. Trump cited a lawsuit against ABC as a "conflict of interest," though he previously agreed to debate on the network. AdvertisementFormer President Donald Trump has finally agreed to debate Vice President Kamala Harris, but only on friendly territory. Trump announced the potential debate, which would take place on September 4 and be hosted by Fox News, on his social media network, Truth Social. Trump said the debate would take place in Pennsylvania and Fox hosts Bret Baier and Martha MacCallum would moderate it.

Persons: Donald Trump, Kamala Harris, Joe Biden, Trump, —, Bret Baier, Martha MacCallum Organizations: Fox News, ABC, Service, Trump, Fox, Business Locations: Pennsylvania

Stocks declined heavily in Friday trading following a weaker-than-expected jobs report. The Dow Jones Industrial Average fell 810 points, or 2.3%. The U.S. added just 114,000 jobs in July, well below the 185,000 expected and down significantly from 206,000 in June. Amazon also saw a large decline, sliding 12.5% after missing quarterly financial estimates and issuing a disappointing forecast. A day earlier, stocks saw heavy declines as they responded to other weaker-than-expected data, including a disappointing manufacturing output report and surprisingly high initial jobless claims.

Persons: Stocks Organizations: Dow Jones, Nasdaq, U.S . Commerce Department, Intel Locations: U.S

☆ Why the stock market is going berserk today
▼ + stars: | 2024-08-02 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

The stock market is in shambles on Friday, with all three major indexes falling more than 2%. AdvertisementThe US stock market has plunged into chaos as investors digest a streak of negative economic data and disappointing mega-cap-tech earnings. Months ago, signs of a slowing economy would bolster expectations for Fed rate cuts, which are seen as rocket fuel for stocks. "Pressure will escalate on the Federal Reserve as market interest rates will continue the attempt to force their hand." She added: "A September rate cut is in the bag and the Fed will be hoping they haven't, once again, been too slow to act."

Persons: They're, —, John Lynch, Seema Shah, Ryan Detrick, Carson Organizations: Amazon, Service, Investors, Intel, Comerica Wealth Management, Federal Reserve, Asset Management, York Fed Locations: New York

☆ Dow dives more than 800 points after July jobs report misses expectations
▼ + stars: | 2024-08-02 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

New York CNN —Stocks slid Friday as a disappointing jobs report added to fears that the US economy is weakening. Stocks have also whipsawed in recent days as investors also digested the Federal Reserve’s July policy meetings and Big Tech earnings reports. Big Tech earningsInvestors have also parsed a mixed bag of Big Tech earnings this week. Shares of Apple, which reported in-line earnings but missed sales expectations Thursday evening, are up 2.1%. Investors have in recent weeks moved out of the Magnificent Seven tech stocks that powered the market to repeated record highs this year.

Persons: Stocks, Dow, That’s, ”, David Russell, Jerome Powell, ” Powell Organizations: New, New York CNN, Nasdaq, of Labor Statistics, Institute for Supply Management, Big Tech, Federal Reserve, Microsoft, Apple, Amazon, Meta, Intel Locations: New York, tamping

☆ Opinion | The Gaza Conflict Enters ‘Uncharted Territory’
▼ + stars: | 2024-08-02 | by ( Serge Schmemann | ) www.nytimes.com time to read: +2 min

He was right; war is never inevitable until it breaks out. He was killed by an explosive device planted in an Iranian guesthouse weeks earlier, and both Iran and Hamas accused Israel of doing it. For Iran, the killing of a senior Hamas leader while he was attending the inauguration of the new Iranian president was a humiliation that the supreme leader, Ayatollah Ali Khamenei, declared it was “our duty” to avenge. Mr. Haniyeh, moreover, was a top Hamas negotiator in cease-fire talks, raising questions about whether those negotiations would be put on a long hold. Nonetheless, Mr. Austin, who was on a visit to the Philippines, went on to suggest that there was still room for diplomacy.

Persons: Lloyd Austin, Israel, Fuad Shukr, Ismail Haniyeh, Ayatollah Ali Khamenei, ”, Haniyeh, Austin, Antony Blinken Organizations: ”, Mr Locations: Beirut, Lebanon, Tehran, Israel, Iran, United States, Philippines, Asia

☆ Stock market today: Indexes tank after weak jobs report sparks panic
▼ + stars: | 2024-08-02 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

US stocks plunged Friday after a weak July jobs report sparked investor panic. The Nasdaq closed in correction territory, and the VIX soared as much as 60% to hit its highest since March 2023. AdvertisementUS stocks plunged on Friday, with the S&P 500 extending its two-day sell-off to more than 3%, as a weak July jobs report sparked panic among investors. Meanwhile, the CBOE Volatility Index, better known as the VIX, soared as much as 60% to 29.66, its highest level since March 2023. AdvertisementThe damage was exacerbated after the July jobs report showed an unexpected increase in the unemployment rate and payroll figures badly missed estimates.

Persons: —, Tom Lee Organizations: Nasdaq, Service, Treasury, Amazon, Intel, Federal, CME, Fed, UBS Global Wealth Management Locations: Americas, Here's

☆ Perspective: There's typically one correction every year — and this could be it
▼ + stars: | 2024-08-02 | by ( John Melloy | ) www.cnbc.com time to read: +2 min

The S & P 500 is down about 6% from its all-time high following Friday's losses, making this the second decline of greater than 5% this year. Bank of America also found that, in the last century, the stock market experienced on average one 10% correction a year. So, if the S & P 500 follows the Nasdaq Composite into correction territory, that too would be just normal market activity for any given year. .SPX YTD mountain S & P 500, YTD History shows that this market behavior doesn't change much in election years. To be sure, this has been a unique cycle in that the stock market rallied during Federal Reserve rate hikes.

Persons: Piper Sandler, Piper, Adam Turnquist, there's, we're, — CNBC's Pia Singh Organizations: Bank of America, Nasdaq, Corrections

☆ Ukraine has been flying shockingly deep inside Russia because Russian air defenses are so degraded, expert says
▼ + stars: | 2024-08-02 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

Read previewUkraine has been able to strike unusually deep inside Russia because Russian air defenses have been stretched, a warfare expert told Business Insider. "Russian air defenses should have very easily taken them out." Many of Russia's air defense systems have been damaged and destroyed by Ukraine, and Ukraine is now targeting some defenses that it could not previously reach. Ukraine destroyed many Russian air defense systems, particularly in Crimea, the Ukrainian peninsula that Russia annexed in 2014. Many warfare experts have said that this war has largely become an air defense war, making both countries desperate to keep their arsenals strong.

Persons: —, George Barros, We've, Barros, ISW Organizations: Service, Business, Ukraine Locations: Ukraine, Russia, Russian, Ukrainian, Tatarstan, Crimea

☆ These stocks have fallen too much, too fast and could be due for a rebound after broad market sell-off
▼ + stars: | 2024-08-02 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

This week's market sell-off has pushed several stocks into oversold territory — potentially setting these names for a rebound in the future. Troubled cybersecurity stock CrowdStrike is the most oversold stock on the list with an RSI of just 13.6. Some of this week's most overbought companies include defense giant Lockheed Martin , tobacco company Philip Morris International and FirstEnergy . Of the names on the list, Lockheed Martin has the highest 14-day RSI reading of 93.7. LMT YTD mountain Lockheed Martin in 2024

Persons: Goldman Sachs, LULU, Lockheed Martin, Philip Morris Organizations: Nasdaq, Dow Jones, CNBC, Moderna, U.S, Street, Lockheed, Philip Morris International, Bank of America Locations: LSEG, Thursday's

☆ Russia pulled back weapons shipment to Houthis amid US and Saudi pressure
▼ + stars: | 2024-08-02 | by ( Natasha Bertrand | Katie Bo Lillis | ) edition.cnn.com time to read: +5 min

For the Houthis to engage in that kind of weapons transaction, moreover, “would demonstrate to us a lack of commitment” by the Houthis to peace talks, the official said. Currently, the Houthis “appear to be drifting further away from a commitment to a negotiated peace in Yemen,” the official said. And while the imminent weapons transfer was pulled back, Russia did deploy military personnel to Yemen to help advise the Houthis over a three-day period in late July, the sources said. The Russians carried bags with them, but nothing that appeared large enough to carry weapons or weapons components, the sources said. It is not clear whether the Russian ships were carrying the equipment that Russia had been preparing to transfer to the Houthis before the Kremlin abandoned the plan.

Persons: “, Saudi Arabia’s pushback, Vladimir Putin, Biden, Oman — Organizations: CNN, US, Saudi Embassy, Kremlin, US Central Command Locations: Russia, Yemen, United States, Saudi Arabia, Iran, Moscow, Saudi, Russian, Ukraine, Somali, Shabaab, China, Oman

☆ Palestinian homes were destroyed ‘for revenge,’ says Israeli soldier who served in Gaza
▼ + stars: | 2024-08-01 | by ( Ami Kaufman | Bianna Golodryga | ) edition.cnn.com time to read: +12 min

At least 1,200 people were killed, and more than 250 others abducted in the assault, according to Israeli authorities. Israeli military action in the strip has killed nearly 40,000 Palestinians and injured over 90,000, according to Gaza’s Ministry of Health. A view of destruction in Khan Younis, in southern Gaza, on December 17, 2023, after weeks of Israeli bombardment. Mahmud Hams/AFP/Getty Images/File‘We don’t care enough’ about Palestinian livesThe war in Gaza has caused widespread material destruction to homes, infrastructure, hospitals and schools. “We’ve seen a lot of destruction that was not necessarily related to military reasons.

Persons: Yuval Green, Green, –, I’m, ” Green, …, ’ Green, Khan Younis, ”, “, Khan Younis …, We’re, Mahmud Hams, “ We’ve, Ahmad Hasaballah, ” “, ‘ I’m, Israel’s, Menahem Kahana, I’ve, Organizations: CNN, Israel Defense Forces, Hamas, Gaza’s Ministry of Health, United Nations, West Bank, Getty, IDF, ” CNN, Military, Investigation Locations: Gaza, Israel, Israeli, Khan, AFP, “, Rafah, Palestine

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