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☆ Sam Bankman-Fried can't get past the fundamental flaw in his defense strategy
▼ + stars: | 2023-10-30 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

He claims that Alameda Research, his crypto hedge fund, was treated the same as everyone else on FTX, his now-collapsed crypto exchange. As Sam Bankman-Fried testifies on the witness stand in his criminal case, he has struggled to get past a core, key contradiction at the heart of his legal defense. On the witness stand, Bankman-Fried suggested his crypto hedge fund was not dissimilar to Jane Street Capital, the traditional trading firm where he worked before founding Alameda. As CEO, Ellison failed to make the trades and investments he suggested to hedge in case of a crypto market downturn, Bankman-Fried testified. Bankman-Fried tried to stress that the market conditions in November 2022, when FTX and Alameda collapsed, were an anomaly.

Persons: Sam Bankman, Fried, that's, —, FTX, Jane Street, Danielle Sassoon, Judge Lewis Kaplan, Elizabeth Williams, Crypto, Sassoon, Chelsea Jia Feng Bankman, Gary Wang, Nishad Singh, Caroline Ellison, Ellison, Wang, Singh, Fried's, Bankman Organizations: Alameda Research, Prosecutors, Service, Alameda, Jane Street Capital, U.S, AP, wasn't Locations: FTX, Alameda, Manhattan, New York, Bankman

☆ Video shows Israeli armored vehicles clearing paths into Gaza ahead of a likely ground invasion
▼ + stars: | 2023-10-26 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

The footage shows Israeli armored vehicles clearing paths into northern Gaza. The paths will likely be used by the Israeli Defense Forces to invade Gaza. AdvertisementAdvertisementIsraeli armored vehicles have cleared paths into Gaza ahead of a likely ground invasion, according to a video shared by the Israel Defense Forces (IDF). The footage shows dozens of armored vehicles clearing dirt piles and constructing several paths near the border fence between Gaza and Israel. X/@IDFOSINT Defender said the paths "will likely be used" by the IDF in their upcoming ground invasion.

Persons: —, oMdSDR84rU, OSINT, Benyamin Netanyahu Organizations: Israeli Defense Forces, Service, Israel Defense Forces, IDF, Caterpillar, Puma, Israel's, Israel's Defense, Wall Street, Military, Hezbollah, Islamist Locations: Gaza, Israel, Israeli, Northern Gaza, Lebanese

House Republicans unanimously voted to elect Rep. Mike Johnson as speaker on Wednesday in a stunning turnaround that came more than three weeks into a standoff that descended the chamber into a crisis of its own creation. Johnson, an unlikely candidate for speaker just weeks ago, was elected in 2016 and serves as the vice chairman of the House GOP conference. And by the evening, lawmakers spoke of a Johnson speakership as if it were all-but guaranteed. House Republicans sprung to their feet as House GOP Conference Chairwoman Elise Stefanik nominated Johnson for the speakership ahead of the vote on Wednesday, delivering a standing ovation as chants of “Mike” rang out. “Today is the day that House Republicans will humbly look in our hearts and elect Mike Johnson as speaker of the people’s House,” Stefanik said.

Persons: Mike Johnson, Kevin McCarthy’s gavel, Steve Scalise’s, Jim Jordan’s, Tom Emmer’s, Johnson, ” Johnson, he’s, Jordan, Donald Trump’s, –, He’s, Pete Aguilar, Donald Trump, ”, Emmer, didn’t, “, hasn’t, Elise Stefanik, Mike ”, ” Stefanik, Mike, Joe Biden, He’ll Organizations: Louisiana Republican, GOP, Republican, Democrats, Democratic, Republicans, Israel Locations: legislating, Ukraine, Gaza

HOUSTON (AP) — Coming a win shy of reaching the World Series would be considered a successful season for most teams. “We overcame a lot of stuff… so you hold your head up high, and you think about what you’ve accomplished versus what you’ve lost,” he said. Political Cartoons View All 1218 ImagesAfter coasting to the AL West title in the previous two seasons, the Astros spent most of this season chasing Texas in the standings. The Astros beat Minnesota in four games in the AL Division Series to reach the ALCS for a seventh straight season. Still dealing with this.”The Astros came on late to win the division despite dealing with a spate of injuries.

Persons: Martín Maldonado, “, Dusty Baker, you’ve, ”, Justin Verlander, Cy Young, Verlander, “ That’s, “ There’s, Jose Altuve didn’t, Slugger Yordan Alvarez, Houston, Luis Garcia, Tommy John, José Urquidy, Lance McCullers Jr, Baker, Alvarez, Garcia, hadn’t, A.J, Hinch, I’m, You’ve, Alex Bregman Organizations: HOUSTON, Houston Astros, Texas Rangers, AL West, Astros, Texas, Rangers, Houston, Minnesota, AL, Verlander, Mets, Star, New York Yankees Locations: Texas, Arlington, New York, . New York, Houston

☆ Gazan parents are writing their children's names on their bodies so they can be identified if killed, report says
▼ + stars: | 2023-10-23 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Gazan parents are writing their children's names on their bodies so they can be identified, per CNN. A Gazan doctor told the outlet the only way dead children can be identified is through that writing. More than 1,700 children have died under Israel's airstrikes, per Gazan health authorities. Gazan parents worry that "anything could happen" to their children, and no one will be able to identify them, Al Masri told CNN. The supervisor of the room at Al-Aqsa Martyrs Hospital, who refused to be named, told the outlet that parents writing their children's names on body parts is a "new phenomenon."

Persons: —, Dr Abdul Rahman Al Masri, Al Masri, Dr Iyad Issa Abu Zaher, Martin Griffiths, Philippe Lazzarini Organizations: CNN, Service, Aqsa Martyrs Hospital, Gazan Health Ministry, Associated Press, International Committee, Cross, UN, Humanitarian Affairs, United Nations, United Nations Relief, Works Agency Locations: Al, Aqsa, Hamas, Israel, Gaza, Egypt, Rafah, Palestine

With his prime-time vow to send more weapons to both Ukraine and Israel, President Biden sought to make clear on Thursday that the United States was not prioritizing one war over the other. But hours earlier, a Defense Department official said that tens of thousands of 155-millimeter artillery shells promised to Ukraine would be diverted to Israel. Here are three key weapons systems that Israel and Ukraine may need from the United States. Artillery ammunitionPerhaps more than any other weapons, the NATO-standard 155-millimeter shells will be in high demand, as both Israel and Ukraine use them against targets within a few dozen miles. In January, the Pentagon said it would tap into an American stockpile in Israel and ship hundreds of thousands of 155-millimeter shells to Ukraine.

Persons: Biden, “ You’re, ” Sabrina Singh, “, ” Michael J, Morell, Mark F, Rob Bauer, Charlie Dietz, ” Organizations: Defense Department, Pentagon, U.S, Central Intelligence Agency, White, Center for Strategic, International Studies, United States, Artillery, NATO, United, North Atlantic Treaty Organization Locations: Ukraine, Israel, United States, Gaza, Russia, Washington, United, Europe, North, Netherlands

☆ Gulf bourses drop amid hawkish Fed tone, Mideast conflict
▼ + stars: | 2023-10-22 | by ( Md Manzer Hussain | ) www.reuters.com time to read: +2 min

REUTERS/Hamad I Mohammed/File photo Acquire Licensing RightsOct 22 (Reuters) - Stock markets in the Gulf fell on Sunday amid warnings of possible further interest rate hikes from the U.S Federal Reserve, and worries of escalation in the Middle East conflict. Monetary policy in the six-member Gulf Cooperation Council (GCC) is usually guided by Fed policy decisions because most regional currencies are pegged to the U.S. dollar. Saudi Arabia's benchmark index (.TASI) was down for a third consecutive session, ending 1.5% lower, with all sectors in the red. Elm Company (7203.SE) dropped 2.3%, while Al Rajhi Bank (1120.SE), the world's largest Islamic bank by assets, slipped 2.1%. The Qatari index (.QSI) fell for a fifth straight session, ending 0.9% lower, with Industries Qatar (IQCD.QA) dropping 2.2% and Qatar Navigation (QNNC.QA) sliding 3%.

Persons: Joe Biden, Hamad I Mohammed, Jerome Powell, Talaat Mostafa, Md Manzer Hussain, David Holmes Organizations: Bahrain Bourse, U.S, REUTERS, Stock, U.S Federal Reserve, Gulf Cooperation Council, U.S ., Elm Company, Al Rajhi Bank, Industries Qatar, Qatar Navigation, Qatar National Bank, Eastern Co, Gaza, Thomson Locations: Bahrain, Manama, Saudi, Israel, Lebanon, Syria

☆ Putin's new nuclear-powered cruise missile, one of his so-called 'super weapons,' is unnecessary but not totally useless, nuclear weapons expert says
▼ + stars: | 2023-10-22 | by ( Chris Panella | ) www.businessinsider.com time to read: +9 min

If it works, the weapon's utility is debatable, and a nuclear weapons expert said it's likely for political show. The weapon isn't much of an addition beyond the nuclear strike options Russia already has in its arsenal, a nuclear weapons expert told Insider. Will it have "the ability to bypass interception lines" and be "invulnerable to all existing and future missile defense and air defense systems" as he has claimed? The missile, essentially a very-long range cruise missile, can't be intercepted by missile defense systems that are designed to counter ICBMs, meaning it could theoretically penetrate key enemy air defenses to strike its target. The agreement was designed to limit the use anti-ballistic missile systems intended to defend against nuclear attacks.

Persons: Putin, it's, —, Vladimir Putin, Pavel Podvig, Podvig, haven't, George W, Bush, Sergei Karpukhin Organizations: Service, RIA Novosti, Ministry of Defense, Russian, Russian Navy, US, Technology, Ballistic, National Missile Defense, Putin Locations: Russia, Moscow, Russian, Sochi, Ukraine, Avdiivka, Crimea

☆ American mother and daughter taken hostage by Hamas have been released, sources say
▼ + stars: | 2023-10-20 | by ( Alex Marquardt Kaitlan Collins Oren Liebermann Michael Conte Sana Noor Haq | Alex Marquardt | Kaitlan Collins | ) edition.cnn.com time to read: +5 min

CNN —Hamas released two American hostages, Judith Tai Raanan and her 17-year-old daughter, Natali Raanan, on Friday after they abducted around 200 people from Israel in a deadly attack on October 7. They are being released on “humanitarian grounds” because the mother is in poor health, the same source said. US officials have not said whether they believe any of the American hostages are dead and have previously noted that all hostages are assumed alive. Amnesty International has said Israel’s “collective punishment” of Palestinian civilians for Hamas’ attack amounts to a war crime. “The families’ headquarters welcomes the release of hostages from Hamas captivity,” the Hostages and Missing Families Forum said in a statement to CNN.

Persons: Judith Tai Raanan, Natali, Daniel Hagari, Abu Obaida, Biden, ”, Qatar’s Ministry of Foreign Affairs Majid Al, Ansari, Joe Biden, “, “ Jill, Israel, Antony Blinken, Rishi Sunak Organizations: CNN, Israel Defense Forces, Brigades, Qatar’s Ministry of Foreign Affairs, United Nations, Amnesty Locations: Israel, Gaza, Chicago, Nahal Oz, Qatar, ” Qatar, Israel’s, Mexico, Brazil, Thailand

☆ A UN group said its school shelter was bombed during Israeli airstrikes, even after it gave everyone the facility's coordinates
▼ + stars: | 2023-10-18 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

A United Nations relief group in the Gaza Strip said one of its refugee school shelters was bombed. The bombing occurred during Israeli airstrikes, Commissioner-General Philippe Lazzarini said. At least six people were killed after a United Nations refugee school was bombed during Israeli airstrikes, said the relief agency running the shelter. "The school was hit during Israeli forces airstrikes and bombardment on the Gaza Strip," Lazzarini said. At least 2,670 Palestinians have been killed by Israeli airstrikes since October 7, per the Palestinian Health Ministry.

Persons: Philippe Lazzarini, —, Lazzarini, Khan Yunis, Ahmad Hasaballah, Israel Organizations: UNRWA, Service, United Nations, United Nations Relief, Works Agency, Getty, Israel Defense Forces, World Health Organization, United Nations Office, Humanitarian Affairs, Palestinian Health Ministry, IDF Locations: Nations, Gaza, Palestine, Amman, Jordan, Khan, Khan Yunis, Gaza City, Israel, Hamas

☆ Drug retailer Rite Aid files for bankruptcy amid rising debt, opioid litigation
▼ + stars: | 2023-10-16 | by ( Abinaya V | ) www.reuters.com time to read: +2 min

A woman shops inside a Rite Aid store underneath a DeepCam security camera in New York City, New York, U.S., June 25, 2020. Rite Aid, which began as a thrift shop in 1962, became the third largest U.S. chain of drugstores in less than two decades with more than 2,000 retail stores in 17 states. Rite Aid had a total debt of $8.60 billion as of June 3, according to a filing with the U.S. Bankruptcy Court for the District of New Jersey, some of which is due in 2025. It said it will transfer employees at underperforming stores that would be closed to other locations where possible. Rite Aid joins several companies, including Mallinckrodt, that have filed for bankruptcy due to lawsuits over the U.S. opioid crisis.

Persons: Lucas Jackson, Jeffrey Stein, Elizabeth Burr, Leroy Leo, Abinaya Vijayaraghavan, Mariam Sunny, Simon Cameron, Moore, Arun Koyyur Organizations: REUTERS, Rite, U.S, Bankruptcy, District of, Aid, Thomson Locations: New York City , New York, U.S, United States, District of New Jersey, Bengaluru

☆ Many are betting Ozempic will reduce the need for knee surgery. What it means if they're wrong
▼ + stars: | 2023-10-14 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +5 min

Medical device stocks of all kinds were pummeled over the past week as investors tried to calculate the ripple effects of new weight loss drugs. While the use of the GLP-1 drugs to treat obesity is still very limited at this point, it is expected to soar to a $100 billion market or more, by some estimates. Judging by the momentum in the stocks, investors have been betting that as people lose weight, there will be a decline in knee replacement surgery. A case for more knee surgery? Based on Truist's polling of 50 hospital administrators, the analyst expects the third quarter will show a slowing pace of knee replacement surgeries compared to the first half of 2023.

Persons: We've, Bill Sutherland, Piper Sandler, Matt O'Brien, Stryker, Eli Lilly's Mounjaro, O'Brien, Richard Newitter, Newitter, Benchmark's Sutherland, Kaiser, Sutherland, — CNBC's Michael Bloom Organizations: American College of, Nordisk's Ozempic, Stryker, Surgery Partners, Permanente, Tenet Healthcare, Partners Locations: U.S, GLP

☆ The last remaining exit for Gazans is through Egypt. Here’s why Cairo is reluctant to open it
▼ + stars: | 2023-10-13 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +5 min

CNN —Egypt is facing mounting pressure to act as neighboring Gaza gets pummeled by Israeli airstrikes after last weekend’s brutal assault on Israel by Hamas. That has left the Rafah crossing between Gaza and Egypt as the only viable outlet to get people out of the enclave and supplies into it. But Egypt is uneasy about the prospect of hundreds of thousands of Palestinian refugees crossing into its territory. Tens of thousands of Palestinians took refuge in Gaza, which fell under Egyptian control after the war. Israel captured the territory from Egypt in the 1967 war and began settling Jews there, but it withdrew its troops and settlements in 2005.

Persons: Antony Blinken, Biden, Abdel Fattah el, ” Sisi, ”, Israel’s, Sisi, –, ” Jordan’s King Abdullah, Israel, Celine Alkhaldi, Caroline Faraj Organizations: CNN, UN, UN’s, Organization for Migration, Jordanian, Crescent Locations: Egypt, Gaza, Israel, Rafah, Jordanian, Sudan, Syria, Yemen, Libya, Jordan, Egyptian, Arish, Sinai

☆ Argentina election 2023: what you need to know
▼ + stars: | 2023-10-13 | by ( Maximilian Heath | ) www.reuters.com time to read: +5 min

The election comes as Argentine voters have been hard-hit by 124% yearly inflation that has pummeled their purchasing power. Voting centers for the Oct. 22 election open at 8 a.m. local time (1100 GMT) and close at 6 p.m. Argentina's tight election races come at a time of uncertainty for the South American country facing its worst economic crisis in decades. PROJECTIONSFar-right libertarian Javier Milei is leading the polls ahead of Argentina's Oct. 22 presidential vote, but it remains a tight race between the top three candidates, three surveys showed. All three surveys had Economy Minister Sergio Massa in second place and conservative opposition candidate Patricia Bullrich in third.

Persons: Sergio Massa, Patricia Bullrich, Javier Milei, Alberto Fernandez, Dissident Peronist Juan Schiaretti, País, Myriam Bregman, Milei, Massa, Cristina Fernandez de Kirchner, Argentina's pollsters, Maximilian Heath, Rod Nickel Organizations: por la Patria, el Cambio, La Libertad Avanza, Argentine, WHO, Libertad, la Patria, el, Dissident Peronist, Frente de Izquierda, South, International Monetary Fund, Peronist, Thomson Locations: BUENOS AIRES, Argentina, Hacemos, South American

☆ 'Absolutely no humanitarian aid is getting into Gaza,' NGO says
▼ + stars: | 2023-10-13 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

The restrictions "mean that aid agencies can't bring in more aid from outside," one NGO told Insider. "Absolutely no humanitarian aid is getting into Gaza," Ivan Karakashian, the head of advocacy in Jerusalem for the NGO Norwegian Refugee Council, told Insider. Karakashian said his group is currently "distributing what we have in stock and available locally within Gaza, but the blockade restrictions mean that aid agencies can't bring in more aid from outside." AdvertisementAdvertisementIsrael cut off food, water, fuel, and electricity to Gaza after the militant Palestinian group Hamas launched deadly strikes on Israel and took civilians hostage over the weekend. He said there needs to be humanitarian corridors and a pause that allows humanitarian personnel and supplies to enter.

Persons: —, Ivan Karakashian, Karakashian, Israel, Ali Mahmoud, Alun McDonald, McDonald Organizations: Service, Norwegian Refugee Council, Hamas, Sunday, Israel's Air Force, UN, Shifa, AP, Islamic Relief Locations: Israel, Gaza, Jerusalem, Palestinian, Gaza City

☆ Bloodshed, destruction and a far-off peace? There are several possible outcomes of the Israel-Hamas war
▼ + stars: | 2023-10-12 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +11 min

An Israeli army self-propelled howitzer fires rounds near the border with Gaza in southern Israel on Oct. 11, 2023. Israel's border communities have since been evacuated and the military said Tuesday it had regained control of the Gaza-Israel border, through which Hamas had launched its surprise offensive. Former Israeli Prime Minister Ehud Barak told CNBC's "Squawk Box" Wednesday that Israeli ground forces would take over the Gaza Strip in a matter of days. Israeli soldiers gather near Armoured Personnel Carriers (APCs) near Israel's border with Lebanon, northern Israel, October 9, 2023. For now, however, a cease-fire looks nigh-on impossible, with the conflict likely about to enter a "hot" phase of active operations on the ground.

Persons: Yahya Hassouna, it's, Yossi Mekelberg, Israel, Jack Guez, Benjamin Netanyahu, Yoav Gallant, Eden Guez, Violeta Santos Moura, William F, Wechsler, Al, Ehud Barak, CNBC's, Barak, Mekelberg, Ammar Awad, Israel —, Antony Blinken, Netanyahu, we're, Sean Gallup, Jonathan Panikoff Organizations: AFP, Getty, Hamas, North Africa, Chatham House, CNBC, Getty Images Hamas, Israeli, Israel Defense Forces, Reuters, Reuters Analysts, Rafik Hariri Center and Middle, Atlantic Council, Carriers, Tel Aviv Thursday, Security Initiative, State Locations: Gaza City, Israel, Palestinian, Gaza, East, Chatham, Lebanon, Israeli, Ashkelon, Rafik, Al Qaeda, Syria, Iran, Israel's, Iranian, Russia, Saudi Arabia, Riyadh, Western, U.S, Berlin, Jerusalem, China, State, Palestine

At least 1,055 people have died in Gaza, with some 5,184 injured, according to the Palestinian Ministry of Health. New York City's Empire State Building, illuminated in the colors of the flag of Israel on October 7. “This was the largest number of Jewish victims in an attack in one day since the Holocaust,” he said. “Not during the Yom Kippur War, not in the war of independence did we see civilians killed like this. Fighting regularly takes place between Israel and Palestinian factions in Gaza, including Hamas and Islamic Jihad.

Persons: CNN —, Israel’s, Benjamin Netanyahu, Yoav Gallant, Gary Hershorn, Kathy Hochul, Adam Gray, Emmanuel Macron, Gérald Darmanin, Laurent Nuñez, Marie, Sarah Seeberger, Israel, Benoit Tessier, ”, Olaf Scholz, “, Suella Braverman, ” Braverman, Wiktor, ” Mark Gardner, Gardner, Peter Nicholls, Rishi Sunak, Robert Jenrick, Dean Lewins, Pinchas Goldschmidt, Goldschmidt, ” Goldschmidt, Carl Court, Gazans, Nadim, CNN “, Zaghloul, OCHA, Médecins, Avril Benoît Organizations: CNN, Israel Defense Forces, Palestinian Ministry of Health, Corbis, Getty, Solidarity, Opera, White, Washington DC, FBI, Department of Homeland Security, police, Marseille, Jewish, of France, Reuters, Authorities, London’s Metropolitan Police, “, Community Security Trust, Police, Publishing, Security, Hamas, ISIS, ”, Downing, Jewish Leadership Council, Saturday, Sydney Opera House, Israel, West Bank, Palestine Solidarity Campaign, Conference, Embassy, Islamic, ’, United Nations Office, of Humanitarian Affairs, MSF Locations: Israel, Gaza, . New York, Paris, Washington, United States, New York, New York City, France, French, Lyon, Paris Monday, United Kingdom, Germany, Berlin, London, London’s, Britain, Israel's, Palestine, Moscow, Ukraine, Jerusalem, Europe, Egypt

☆ Why Israel's Iron Dome couldn't stop every rocket strike from Hamas
▼ + stars: | 2023-10-11 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +8 min

The Iron Dome has been a crucial part of Israel's first line of defense for the past decade. The cost of the Iron Dome is under scrutinyAn ongoing controversy about the Iron Dome is its cost — some of which has come out of US pockets. If the Iron Dome were shown to be less effective under heavy fire, that cost-to-benefit ratio might shift. Per reports, the Iron Dome has continued to intercept short-range fire coming from Gaza over the past few days. One of the unique things about Iron Dome to date has been its ability to learn as it goes on and become more effective.

Persons: —, Israel, Tamir, Israel Ilia Yefimovich, John Erath, Erath, MAHMUD HAMS, that's, It's, Joe Biden Organizations: Service, Iron Dome, Raytheon Technologies, Rafael Advance, Center for Arms Control, Israel Defense Forces, CNN, ABC, US Locations: Israel's, Israel, Ashdod, Tel Aviv, Jerusalem, Ashkelon, North, Gaza, Al Jazeera, Israeli, Netivot, States, Germany, Ukraine

The airstrikes have killed over 1,100 Palestinians, according to the Gaza Health Ministry. The Israeli military says more than 1,200 were killed and dozens more abducted, and the government declared war, promising a punishing campaign to destroy Hamas' military capabilities. This time, Israeli airstrikes are rapidly laying waste to vast swaths of Gaza, and casualties are mounting too fast for anyone to keep up. In many cases, residents say, the Israeli military has bombed apartment towers without the usual warning shots, wiping out families in their homes. The Israeli military rarely comments on individual airstrikes.

Persons: ”, Miriam Marmur, “, Nebal Farsakh, Richard Brennan, ” Brennan, “ It’s, Muhammad Al, Gharabli, decapitating, Mohammed, Lotfi, Jaber Weshah, Weshah, —, Khalil Abu Yahia, Alaa, Abu Yahia, ___ DeBre, Julia Frankel Organizations: Gaza, Gaza Health Ministry, Officials, Gisha, Palestinian, World Health Organization, United Nations, Shifa Hospital, Associated Press Locations: GAZA, bedsheets ., Gaza City, Gaza, Israel, “, Beit, ”, Jerusalem

☆ What would an Israeli ground assault in Gaza look like? Here’s what I know from the one I saw
▼ + stars: | 2023-10-10 | by ( Ben Wedeman | ) edition.cnn.com time to read: +5 min

It was the deepest Israeli ground operation into Gaza since the withdrawal from the Strip in 2005. Then, Israeli troops largely avoided the most built up and crowded areas, particularly Gaza’s eight crammed refugee camps. During the siege that followed, Israeli warplanes and artillery pummeled West Beirut, but ground troops stayed out of Beirut proper. It was only after they left that Israeli troops took control of the western part of the city. If it comes, the ground operation will be far bloodier and more destructive.

Persons: Jerusalem CNN — “, Israel, Liberation of, Yoav Gallant, Ariel Sharon, Sabra, –, they’re Organizations: Jerusalem CNN, CNN, Islamic, Front, Liberation, Liberation of Palestine, Democratic Front, Fatah, Palestine Liberation Organisation, Israeli, Defense, PLO, Hamas Locations: Jerusalem, Rafah, Gaza, Gaza City, Israel, alleyways, Lebanon, Palestine, Beirut, Yemen, Tunisia, West Beirut

Smoke rises following Israeli strikes on the seaport of Gaza City, in Gaza on Tuesday. Tamir Kalifa/The New York Times/Redux Palestinians walk amid the rubble following Israeli airstrikes in Gaza City on October 10. Samar Abu Elouf/The New York Times/Redux Children run for cover as bombs fall near the Al-Shifa Hospital in Gaza City on October 9. Erik Marmor/AP Six-month-old Sama Alwadia is rescued from the rubble in Gaza City on October 9. Ibraheem Abu Mustafa/Reuters Palestinian citizens inspect damage to their homes caused by Israeli airstrikes in Gaza City on October 8.

Persons: Nadine Abdul Latif, Israel, ”, Nihad, Mohammed Salem, –, Yoav Gallant, ” Gallant, Tariq Al Hillu, Eden Guez, Violeta Santos Moura, CNN Sergey Ponomarev, Tamir Kalifa, Fatima Shbair, Ohad, Mohammed Soboh, Said, Belal Khaled, Samar Abu, Amir Cohen, Ilai Bar Sade, Erik Marmor, Ali Jadallah, Mohammed Abed, Oren Ziv, Mohammed Saber, Ronen Zvulun, Majdi, Ilia Yefimovich, Ramez Mahmoud, Mahmud Hams, Roi Levy, Alleruzzo, Tali Touito, Khan, Ibraheem Abu Mustafa, Jalaa Marey, Oded, Khan Younis, Ahmad Hasballah, Mohammed Fayq Abu Mostafa, Tsafrir, Ahmad Gharabli, Baz Ratner, Mustafa Hassona, Ilan Rosenberg, Eyad Baba, Itai Ron, Hadas Parush, General Antonio Guterres, ” Omar Shakir, HRW, Gallant, ” Shakir, Said Khatib, Khan Yunis, Shalom, Nadine Organizations: CNN, Israeli, Israel Defense Forces, Palestinian Ministry of Health, Nova Festival, Reuters, New York Times, Ben Gurion, AP, Anadolu Agency, Shifa, Getty, West Bank, Rockets, Israel's, United Nations, Palestinian, Reuters Police, Reuters Rockets, United Nations Relief, Works Agency for Palestine Refugees, Rights Watch, Islamic, Getty Images Israel, Palestinian Interior Ministry Locations: Gaza, Israel, Al Rimal, Gaza City, Israeli, Al Sudaniya, Ashkelon, Kfar Azza, Kfar Aza, Tel Aviv, Samar, Samar Abu Elouf, Jerusalem, Yassin, AFP, Palestinian, Beitar Ilit, Mount Herzl, Sderot, Ramat Gan, Khan Younis, Kiryat Shmona, Itai, Beit Hanun, Rishon Lezion, Israel’s, Erez, Egypt, Rafah

RUSSIAN DEATH TOLL IN HAMAS ATTACKS RISES TO 4MOSCOW — Russia’s embassy in Israel said the number of Russian citizens killed in the latest Israel-Palestinian war has risen to four. Previously, two Russian citizens were believed to have been killed and four were missing, according to Anatoly Viktorov, Russian Ambassador to Israel. 2 RUSSIAN CITIZENS WERE KILLED IN HAMAS ATTACKS IN ISRAELMOSCOW — Russia’s ambassador to Israel said that two Russian citizens have been killed in of the latest Israel-Palestinian war. Viktorov said that four other Russian citizens remain missing. He said the embassy has no information confirming Hamas’ claim that several Russian citizens were among the hostages it has taken.

Persons: Israel pummeled, Elon Musk, Musk, Marina Ryazanova, Anatoly Viktorov, Abdel Fattah el, JERUSALEM —, Cross, Fabrizio Carboni, we’ve, ” Carboni, “, Volker Türk, Türk, ”, ” PUTIN, Vladimir Putin, Mohammed Al, Sudani, Putin, regrettably hasn’t, ” Putin, Leo, Khan Younis, Chancellor Olaf Scholz, INDIA'S MODI, Narendra Modi, Benjamin Netanyahu, ” Modi, Modi, ISRAEL MOSCOW —, Israel, Anatoly Viktorov didn’t, hasn’t, Viktorov, MACRON, Emmanuel Macron, Olaf Scholz, Macron, Muqtada al, National Security Iyad, Bazm, Dmitry Peskov, Mahmoud Abbas, Peskov, it’s, Volodymyr Zelenskyy’s, Tarik Jazarevic, HAVE Organizations: ‘, Twitter, Tass, International Committee, ICRC, Associated Press, HUMAN RIGHTS, The United Nations, Palestinian, Tuesday, Iraqi, MSF, Shifa Hospital, Nasser Hospital, ISRAEL BERLIN, German Foreign Ministry, Indian, Israel’s, Israel, ISRAEL MOSCOW, Hamas, Ministry of Interior, National Security, Kremlin, WHO, The United, World Health Organization, United Nations, UNRWA, PARIS — France’s Locations: Israel, Gaza, U.N, ISRAEL, MOSCOW, Russian, Egypt, Palestinian, Geneva, GAZA, U.S, GAZA CAIRO, Gaza City, Khan, Shalom, GERMANY, Israeli, Germany, DELHI, India, FRANCE, MACRON HAMBURG, Iran, Hamburg, France, IRAQ, GAZA BAGHDAD, Sadr, Najaf, Iraq, RAFAH, Rafah, RUSSIA, Moscow, GAZA GENEVA, The United Nations, UN, BEIRUT

☆ Opinion: In times of crisis, Israelis rally around their leaders. This time is different
▼ + stars: | 2023-10-09 | by ( Janine Zacharia | ) edition.cnn.com time to read: +17 min

In the entire nearly five years of the second Palestinian intifada from 2000 to 2005, roughly 1,000 Israelis were killed. Majdi Fathi/NurPhoto/Getty Images Israeli soldiers work on a tank at the border between Israel and Gaza on October 9. Ahmad Hasballah/Getty Images Rockets launched from Gaza are intercepted by Israel's Iron Dome anti-missile system on October 8. Eyad Baba/AFP/Getty Images Relatives of Palestinians killed on Saturday, October 7, mourn at the morgue of a hospital in Gaza. Ali Jadallah/Anadolu Agency/Getty Images An Israeli soldier stands by the bodies of Israelis killed by Palestinian militants in Sderot on October 7.

Persons: Janine Zacharia, CNN —, partygoers, “ Nissim, —, Segal, Alon Ben, David, Gil Tamary, haven’t, Israel, Benjamin Netanyahu’s, Yitzhak Rabin, ”, Netanyahu, Bibi, ’, Ilai Bar Sade, Erik Marmor, Ali Jadallah, Mohammed Abed, Oren Ziv, Mohammed Saber, Ronen Zvulun, Majdi, Ilia Yefimovich, Ramez Mahmoud, Mahmud Hams, Roi Levy, Alleruzzo, Tali Touito, Tamir Kalifa, Fatima Shbair, Khan, Ibraheem Abu Mustafa, Oded, Jalaa Marey, Ahmad Hasballah, Amir Cohen, Samar Abu, Mohammed Fayq Abu Mostafa, Tsafrir, Ahmad Gharabli, Baz Ratner, Mustafa Hassona, Ilan Rosenberg, Eyad Baba, Itai Ron, Hadas Parush, Avi Dichter, Amir Avivi, I’ve, “, ” Netanyahu, ” Eitan Ben Eliyahu Organizations: Stanford University’s Department of Communication, Washington Post, Bloomberg News, Reuters, CNN, Israel’s Army Radio, ’ Telegram, Channel, Israel Defense Forces, Palestinian, Israel, ” Military, Popular Front, Liberation, Palestine, Anadolu Agency, Getty, West Bank, New York Times, Sunday, Rockets, Israel's, United Nations, Reuters Police, AP, Reuters Rockets, Shin, Gaza, IDF, The Washington Post Locations: Washington, Washington Post Jerusalem, Jerusalem, Israel, Gaza, Kippur, Lebanon, Ukraine, Sderot, Kiryat Shemona, Netanya, Tel Aviv, Gaza City, AFP, Palestinian, Beitar Ilit, Mount Herzl, Ashkelon, Ramat Gan, Khan Younis, Israeli, Kiryat Shmona, Samar, Samar Abu Elouf, Itai, Beit Hanun, Rishon Lezion, Manhattan, Shejaiya, Entebbe, Uganda, America

☆ Jim Cramer says investors should take wait-and-see approach with Birkenstock IPO
▼ + stars: | 2023-10-09 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Monday told investors they may be wise to sit out the "initial feeding frenzy" when German sandal maker Birkenstock enters the market in an initial public offering on Wednesday. Birkenstock is expected to attain a $10 billion valuation and is seeking to price shares at the top of its $44 to $49 range, Reuters reported. The company saw a bump in publicity this summer after its shoes had a cameo in the "Barbie" movie blockbuster. Nevertheless, he said the company has seen solid growth and profitability, and its margins seem headed in the right direction. I say you'll be better off on the sidelines and waiting for the stock to cool down, because it probably will."

Persons: CNBC's Jim Cramer, Birkenstock, Cramer, it's Organizations: Reuters Locations: Norwegian

☆ Israel's war with Hamas could increase competition for the US artillery shells needed by Ukraine
▼ + stars: | 2023-10-07 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +3 min

Israel's response to a surprise attack by Gaza militants could increase demand for US artillery shells. Earlier this year, the US took shells from its stockpile in Israel and sent them to Ukraine. At the time, a spokesperson for the Israel Defense Forces dismissed questions about the transfer as "American business," per CNN. However, in its last major military conflict with Hamas the Israeli military also pummeled the territory with artillery. In that 2014 war, the IDF fired at least 32,000 artillery shells at Gaza, Haaretz reported.

Persons: —, Biden, Lloyd Austin Organizations: Service, of Defense, The New York Times, Pentagon, Times, NATO, Israel Defense Forces, CNN, Palestinian Health Ministry, IDF Locations: Gaza, Israel, Ukraine, United States, Washington, Kyiv

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