California Gov. Gavin Newsom, a likely 2028 presidential contender, signed an executive order Friday calling on the federal government to take a more active role in regulating artificial intelligence.

He said in a statement that the Trump administration has abdicated “its responsibility to protect Americans,” as AI becomes more advanced and capable by the month.

Newsom’s order recommends more stringent oversight on companies developing AI, while requiring those same firms to develop a “kill switch” for their frontier models in the event they go rogue.

“We’re not waiting to act – we’re going to speed up our work on substantial and responsible AI oversight before it’s too late. We’re going to do this thoughtfully but with urgent velocity; the stakes are too high to wait or delay action,” Newsom said.

This is a developing story. Please check back for updates.

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More than half of Gen Z, 51%, say AI poses the greatest threat to their job security, according to an iCIMS Workforce Report. That anxiety persists even as 87% of Gen Z workers already use AI for professional purposes, and even as 24% say folding AI into their daily work has led to burnout, according to a new Robert Half survey.

The same generation that names AI as its biggest professional threat is also the most willing of any to hand it real power over its money. In Betterment’s 2026 Retail Investor Survey—1,000 U.S. investors fielded in late March—48% of Gen Z investors say AI has already influenced a financial decision they made, and 41% say they’re comfortable using AI for long-term financial planning. Among Baby Boomers, both figures sit at 5%.

Once you isolate people who already pay for human advice, AI has an even greater influence. Betterment Advisor Solutions’ 2026 survey, fielded in June among 1,001 people with a standing advisor relationship, found 65% of Gen Z clients say AI has influenced a decision they wouldn’t otherwise have made—the highest of any generation, well above the 24% figure among retail investors with no advisor at all. These are people already paying a human for judgment. Most are still letting the algorithm they say might end their career quietly co-sign their portfolio.

“Investors want more ways to understand and engage with their finances, but they also need help turning all that information into decisions,” Devon Klumb, a CFP at Betterment, told Fortune.

Not hypocrisy so much as bad instruments

It would be easy to call this hypocrisy and move on. But a closer read of the underlying research suggests something more structural: Gen Z isn’t knowingly contradicting itself, it’s triangulating with instruments it doesn’t fully trust.

Charles Schwab’s Modern Wealth Survey found Gen Z begins investing at 19 on average, 16 years earlier than Baby Boomers did at 35, and 48% say they learn about investing primarily from social media. But they know not to trust influencers: when asked who they actually trust with financial guidance, Gen Z ranks parents and financial professionals above social media, not below. They’re sourcing decisions from channels they don’t believe, for lack of a better one immediately at hand—and AI tools, with their fluent, confident-sounding output, fill that gap whether or not they’ve earned the trust.

Andrew Lendnal, head of financial wellness at Wealthspire, said it’s more than “hypocrisy”: “Young adults don’t have an information problem. They have an information quality, trust and decision-making problem,” he told CNBC. It isn’t that Gen Z fears the algorithm and defers to it anyway out of impatience—it’s that confident-sounding output has quietly become a stand-in for judgment nobody taught them how to exercise on their own.

There’s a name for the broader pattern, and it predates Gen Z entirely. Researchers call it the AI “trust paradox“: people’s willingness to use AI-enabled tools consistently outpaces their actual trust in them, a gap driven by FOMO, optimism that the tools will keep improving, and a bet that the efficiency gain outweighs the risk.

Same tech, different tab

One way this contradiction is displayed by the generation is through what they see as investments. Sportsbooks have leaned into generative AI for exactly this audience: personalized odds, tailored previews, and prop suggestions tuned to a user’s betting history. A cottage industry of standalone AI betting copilots like PropGPT, PropsBot, and Gambly now performs for gamblers roughly what a robo-advisor performs for investors: give a confident-sounding recommendation based on data and remove the friction of deciding alone.

That appetite for a faster payout shows up in where the money moves. In Betterment’s retail survey, 52% of Gen Z investors say they redirected money originally set aside for investing into sports betting at some point in the past year, and 14% do so multiple times a month. More than a quarter, 26%, describe sports betting as part of a deliberate, ongoing financial strategy, compared with 14% of Millennials, 6% of Gen X, and 1% of Boomers.

But with this comes very real implications: the New York Fed has linked the spread of legalized sports betting to rising delinquency and bankruptcy rates in the states that adopted it earliest, and a 2025 U.S. News survey found a quarter of sports bettors missed a bill because of wagers, with 30% taking on debt to fund betting. Sports betting has grown into a nearly $17 billion industry in the U.S., up from about $400 million in 2018, with bettors of every generation recovering less than 75 cents for every dollar they put in.

Dan Egan, Betterment’s VP of behavioral finance and investing, draws the line Gen Z keeps blurring. “The fact that young people are sports betting isn’t necessarily a negative thing, as long as they are budgeting it as entertainment,” Egan told Fortune. “However, the fact that some are starting to think of gambling as a way to build wealth is very concerning. Sports betting and investing may look similar on the surface, but they’re fundamentally different: investing puts money into assets that can create value and appreciate over time, while betting is a negative-sum game where the house takes a cut.”

“If younger investors are looking for ways to get ahead faster, the most valuable thing they can invest in is themselves, their skills, careers and earning potential. A bet ends when the game does; a real investment can compound for years.”

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Sales have officially launched at the first new condo development to rise on the Long Island City waterfront in more than a decade. Standing 23 stories at 45-40 Vernon Boulevard, the 182-unit Paragon incorporates the historic Paragon Paint Factory into its base. The tower was designed by Archimaera, with interiors by March and White Design (MAWD), and offers residences ranging from studios to penthouses. Developed by ZD Jasper, current available residences at Paragon start at $765,000 for studios, $965,000 for one-bedrooms, $1.5 million for two-bedrooms, and $2.075 million for three-bedrooms.

Situated next to Anable Basin, the tower’s design draws inspiration from the neighborhood’s industrial past, taking its name from the Paragon Paint Factory, which has been integrated into its base. Built in the 1930s, the factory has sat abandoned since its owner died in 2004.

The building’s design also references the area’s newer glass residential towers through a staggered-box motif framed by copper-toned projections, as 6sqft previously reported.

MAWD took a thoughtful approach to the interiors of the building’s 182 residences, carefully balancing light, proportion, and circulation while considering each element at both the building and unit levels.

Highlighted design elements include rare double-height balconies, five-foot-wide oak plank flooring, and expansive public and private outdoor spaces. Floor-to-ceiling, triple-paned windows frame skyline and East River views while also providing sound and thermal insulation.

Kitchens feature natural marble countertops, full-height Estremoz Calacatta backsplashes, and Bosch appliances, while select penthouse kitchens are outfitted with Breccia Capraia backsplashes and Gaggenau appliance packages.

Primary bathrooms are crafted with porcelain slab tile, custom mirrored medicine cabinets, and GESSI fixtures, with most residences also featuring TOTO Neorest automatic toilets.

The property offers an extensive suite of amenities, including a pickleball court, fitness center, golf simulator, and karaoke room. Residents will also have access to a landscaped roof terrace with grills and a sky lounge with indoor and outdoor seating, all under a solar canopy.

Other features include LATCH keyless entry systems, NEST Learning thermostats, a 24-hour attended lobby, a package room with cold storage, an Amazon hub, and bike storage.

Paragon’s location next to Anable Basin also gives residents easy access to a large public open space, including a waterfront park and walkway connecting the neighborhood to the East River.

The development is located steps from Gantry Plaza State Park and the famed Pepsi-Cola sign, as well as cultural institutions like MoMA PS1 and a variety of dining and retail options along Vernon Boulevard, 11th Street, and Jackson Avenue. Public transit is also readily accessible, including the NYC Ferry and the 7, E, M, and G subway lines.

Renderings of the project were first shared with 6sqft in May, offering a glimpse into the unique development.

“Paragon has been executed with precision, and we are thrilled with early sales activity defined by locals eager to trade up,” Jasper Wu, vice president of ZD Jasper, said. “We have clearly filled a void in the market with our unique waterfront location and sophisticated design.”

SERHANT. New Development is leading sales and marketing for the project, with occupancy slated to begin “as early as this November,” Wu said.

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The post Long Island City’s first new waterfront condo in a decade launches sales, from $765K first appeared on 6sqft.

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New applications for unemployment benefits fell more than expected last week, showing that most American employers are still holding on to their workers despite high borrowing costs, elevated energy prices and growing weakness in housing.

Initial jobless claims declined by 10,000 to a seasonally adjusted 196,000 for the week ended Sept. 12, the Labor Department reported Thursday. Economists surveyed by Reuters had expected approximately 208,000 claims.

The result was the lowest since mid-July and kept claims near historically low levels. The four-week moving average, which smooths out volatility in the weekly figures, fell by 2,750 to 203,250.

For businesses, the report points to a labor market with relatively little forced turnover. Companies are not cutting payrolls aggressively, which supports consumer spending and reduces the immediate risk of a broad economic downturn. It can also mean employers remain cautious about releasing workers they may struggle to replace later.

Initial claims measure people applying for state unemployment benefits for the first time and are considered one of the quickest indicators of layoffs. Unlike the government’s monthly employment report, claims are released every week, giving executives, investors and Federal Reserve officials a more current look at employer behavior.

The number of people continuing to receive benefits also declined. Continuing claims fell by 39,000 to a seasonally adjusted 1.730 million for the week ended Sept. 5, the lowest level since January 2024.

That decline suggests fewer people remain on state unemployment rolls, but it does not prove that all—or even most—found new jobs. Recipients can leave the rolls because they were rehired, stopped filing, exhausted their benefits or became ineligible. Continuing claims are therefore best read alongside hiring, payroll and unemployment data.

The Labor Department’s unadjusted figures showed 152,286 initial claims during the latest week, down 24,630 from the previous period. That compared with 195,433 claims during the corresponding week in 2025.

The latest numbers require some caution because the reporting period followed the Labor Day holiday. Holidays can disrupt normal filing patterns and make the seasonal adjustments used to produce the headline number less reliable. Economists will look to the next several reports to determine whether the drop represents a lasting improvement or temporary calendar-related volatility.

Even with that qualification, the broader claims trend indicates that layoffs remain contained. That is good news for households coping with higher gasoline prices and expensive credit-card, auto and mortgage debt. Continued employment does not eliminate those costs, but steady paychecks make them easier to absorb.

The report is less conclusive about hiring. A labor market can produce low jobless claims while still offering fewer openings or taking longer to place unemployed workers. Initial claims measure the pace of new layoffs; they do not measure how many jobs companies are creating.

For the Federal Reserve, the data add to evidence that the economy can withstand tighter monetary policy. The central bank raised its benchmark interest rate by a quarter percentage point this week to a range of 3.75% to 4%, its first increase in three years, as officials responded to renewed inflation pressure.

A low level of layoffs gives policymakers less reason to fear that higher rates are rapidly destabilizing employment. At the same time, continued labor-market resilience could allow the Fed to keep rates elevated—or increase them again—if inflation fails to retreat.

That creates a tradeoff for businesses and households. Job security remains relatively strong, but borrowing costs may stay high for companies financing expansion, consumers carrying revolving debt and buyers trying to secure mortgages.

The claims report also arrived alongside weaker housing data. Overall housing starts fell 2.6% in August, while building permits declined 2.7%. The contrast shows an economy in which higher interest rates are causing visible strain in construction and real estate without yet producing widespread layoffs.

The next several weekly reports will help clarify whether claims remain near 200,000 after the holiday-related volatility passes. Investors will also compare them with upcoming payroll, unemployment and hiring data to determine whether the labor market is genuinely strengthening or merely experiencing fewer layoffs while recruitment slows.

JBizNews Desk | Washington

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Two years ago, I asked the president of one of America’s largest public power utilities what worried him about the data centers lining up to connect to the grid. Each wanted the same thing, he replied: electricity delivered immediately, on an expensive grid overbuilt to guarantee power around the clock. He remarked that utilities and communities were asked to serve as “foot soldiers” of the AI buildout. The data centers, I thought, could serve as foot soldiers in their own way.

I founded Emerald AI after that conversation to enable data centers to support the grid and their local communities, easing power use in the rare hours when the grid is stressed while protecting the performance of critical AI work. By flexibly consuming energy, AI data centers could become good citizens of the power grid, protecting energy affordability and reducing the risk of blackouts for communities. What’s more, America can connect flexible AI data centers much more quickly to the power grid, advancing U.S. competitiveness with China in AI frontier innovation.

That’s why today, my company, along with Google and NVIDIA, is founding the AI Energy Management Alliance (AEMA), which launches with 18 member companies who lead the AI and energy industries. These include the AI frontier lab Anthropic, the utility National Grid, and power producers AES and NRG. The premise is that if data centers change how they operate to support the communities that host them, they should be rewarded with faster access to power. 

The benefits of flexible data centers start with affordability. Electricity bills have risen nationwide, and residents are anxious about whether surging AI demand could raise rates further by triggering expensive grid upgrades. But flexible data centers that are good grid citizens spare the peak demand moments that force the costliest upgrades, better using the grid we already have. The Brattle Group estimates that each 10 percent gain in utilization lowers rates by about 3.4 percent.

Today, a new U.S. data center can wait a decade or more for a grid connection—endangering U.S. competitiveness in AI and national security. This is because utilities must have enough capacity to serve everyone when demand is highest, including on sweltering afternoons when air conditioners are running full tilt. Much of that capacity goes unused at other times–the grid is only 50% utilized on average. If AI data centers were just moderately flexible during the grid’s worst hours of the year, America could unlock 100GW on our existing grid for flexible data centers.

There are many technologies to make AI data centers flexible power users, more responsive to the needs of the grid. Batteries can carry facilities through peaks, on-site generation can support demand, and software can slow, pause, or shift less urgent computing. Our new Alliance is technology-neutral and champions policies that reward any data center that can measurably provide relief to the grid.

There is already a strong track record of proof that AI data centers can be good grid citizens. Google runs a nationwide demand-response portfolio of roughly a gigawatt. My company, Emerald AI, and NVIDIA have completed six global demonstrations of flexible data centers. Later this year in Virginia, NVIDIA, Digital Realty and Emerald AI will turn on the world’s first power-flexible AI factory at nearly 100 megawatts, designed to prove that a data center can be a precise, controllable load, instead of drawing constant, unyielding power 24/7 and putting unprecedented strain on a rigid grid.

Data center developers who cannot get power are already building campuses that generate their own electricity. But the cost and complexity of powering an off-grid data center makes AI more expensive, while inevitably raising costs for everyone else because private systems and the public grid compete for the same turbines and transformers.  This behind-the-meter approach also deprives utilities of the anchor customers that flexible data centers represent, high paying customers whose revenue could have funded upgrades and held rates down for everyone else.

State and federal regulators are already looking at flexible data centers as a potential solution. In June, the Federal Energy Regulatory Commission directed the six regional grid operators it oversees to make room for large customers willing to limit their draw in return for faster connections. Texas’s grid operator is finalizing rules letting controllable data centers connect sooner, and Silicon Valley Power, a California municipal utility, has launched the nation’s first flexible-load interconnection program.

AEMA will press this case in state capitals and in Washington. Our ask of governors, regulators and federal policymakers is simple: offer data centers that commit to flexibility a faster and larger grid connection — and hold them to it. Rarely does a country get to have more of everything at once: more AI innovation and a stronger American hand in the technology race, reined in energy bills for the communities that host the industry, and a more reliable grid with the means to improve itself. AI data centers are ready to provide the flexibility; we can all benefit if those who run and regulate the grid make room for it.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune. Varun Sivaram‘s opinions are his alone and not on behalf of AEMA or other founding members.

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As Israeli families abroad prepare for the holidays, one familiar question may hover over the festive table: When are you coming home?

The answer may be after the degree, after the next contract, or simply not yet. A family can live with that uncertainty for years. The law, however, may begin answering the question before the family does.

A child may come to be considered habitually resident in another country even while the parents continue to describe the move as temporary. If the parents later separate, one may not be able to bring the children back to Israel without the other parent’s consent or a court order.

“Once things go wrong, each parent can claim the opposite,” family and inheritance lawyer Judith Meisels told the Magazine in an interview. One may say the family always intended to return to Israel; the other may argue that, whatever the original plan, they built a life elsewhere.

What began as an informal family decision can then affect where a dispute over the children is heard, where divorce proceedings take place, which law applies to the couple’s property, and how assets in several countries are handled after a death.

FAMILY/INHERITANCE LAWYER  Judith Meisels.  (credit: Ohad Dayan)

People do not always realize how many international questions can arise in family law, Meisels said. Families may marry in one country, live in another, and retain property or legal ties in Israel, without considering what would happen if they later separated.

The statistics

The number of Israelis moving abroad has risen in recent years. A Central Bureau of Statistics release published in September 2024 classified 55,300 Israelis as long-term emigrants in its 2023 statistical cohort, up from about 38,000 a year earlier. That does not mean all 55,300 left in 2023: They first left in 2022 and were classified only after a year-long monitoring period. To qualify, they had spent at least 275 days abroad during that year, including the first 90 days continuously.

A later Knesset Research and Information Center report, using updated CBS data and listing emigrants by their year of departure, put the number at 59,400 in 2022, 82,800 in 2023 and a provisional 69,500 in 2024. The figures cannot be compared directly with those in the earlier release because the two publications assign the year differently and the later report uses updated data.

Looking at the broader population already overseas, the Institute for Jewish Policy Research estimated that approximately 630,000 Israelis or former Israeli residents lived abroad in 2021-2023. Including an estimated 325,000 children born to Israelis abroad brought the wider “Israel-connected” population to approximately 955,000, although that figure is not a count of Israeli citizens.

The child factor

For families with children, the most immediate legal question is the child’s habitual residence – essentially, the country that has become the practical center of the child’s life.

Courts look at “where children wake up, where they are, and how they see the center of their lives,” Meisels said. They may also consider the parents’ last shared plan for where the family would live.

The concept is central to the 1980 Hague Convention on international child abduction, which operates among more than 100 countries. The convention is intended to secure the return of children who have been wrongfully taken from or kept outside the country of their habitual residence.

A Hague proceeding decides whether the child should be returned; it does not decide custody. If the child is returned, the custody dispute will generally be heard in the country where the child was habitually resident.

There is no fixed period after which a child automatically acquires a new habitual residence. The precise test varies, but courts may consider where the child lives and attends school, how settled the child has become, and what the parents intended.

Meisels gave the example of a couple who leaves Israel for a defined purpose, such as a postdoctoral program. The original plan may be relatively clear: The family will return when the program ends.

The position becomes less certain if the family stays for a job afterward without agreeing on a new return date.

“One parent says, ‘We only traveled to the US for the postdoc, and we were supposed to return,’” she said. “The other says, ‘No, we decided to try our luck in the US without an end date.’”

A court may then examine how the family actually lived: whether the parents sold or retained property in Israel, what they told relatives and friends, where the children attended school, and how settled the family became abroad.

Meisels therefore advises parents moving abroad with children to record the purpose and expected duration of the move, along with what should happen if one parent wants to return earlier.

“If Israelis are thinking of leaving the country with their children for more than a vacation, then in addition to making sure the passports are not expired and packing the right things, they need to seek legal advice,” she said.

A written agreement can provide important evidence of what the parents understood at the time. It does not, however, necessarily determine the child’s habitual residence or bind the court hearing a later dispute – a court may consider the agreement alongside everything the family did after signing it.

Meisels said the question is particularly difficult for families that left Israel after Oct. 7 or during later periods of fighting without deciding whether they were relocating permanently or simply waiting for security conditions to improve.

In those cases, one parent may also argue that returning a child to Israel would be dangerous.

The Hague Convention allows a court to refuse a child’s return when there is a grave risk that returning would expose the child to physical or psychological harm or otherwise place the child in an intolerable situation. The existence of a war does not produce an automatic result: The court must examine the circumstances facing the particular child.

“It really depends,” Meisels said. She described being retained to provide an expert opinion in a US Hague Convention case in which a parent argued that returning a child to Israel would expose the child to grave risk following a missile attack.

“The judge was very surprised,” she said. “The way she perceived what was going on here, it seemed to her like everybody was being struck by missiles.”

Meisels also pointed to a Portuguese child-return case in which the lower and appellate courts reached opposing conclusions. The subsequent official record shows that the case took another turn after the appeal.

An Israeli mother traveled to Portugal with her six-year-old daughter on October 17, 2023, after both parents agreed that the child would leave Israel temporarily following the Oct. 7 attack. When the mother did not return the child, the father sought the child’s return through the Hague Convention.

A Portuguese trial court declined to order the return. The Lisbon Court of Appeal later reversed that decision in a divided ruling, finding that the war, without evidence of a concrete danger to the child in Tel Aviv, was insufficient to establish the grave-risk exception. It ordered the child returned to Israel.

Portugal’s Supreme Court subsequently denied the return request on November 26, 2024, according to a later official court record.

The sequence illustrates the uncertainty Meisels described: Neither Israel’s broader security situation nor the fact that a family initially left because of the war necessarily determines the outcome. Different courts examining the same case reached different conclusions.

The divorce factor

Children are only one part of the legal picture. A move abroad can also divide a divorce between two legal systems. A Jewish couple may divorce civilly in the country where they live but, if they married according to Jewish law, still need a religious divorce, or get.

If both spouses agree, a rabbinical court can sometimes arrange the get through an authorized representative, allowing the couple to remain in different countries.

Israeli law also allows the rabbinical courts to hear certain get-refusal cases involving couples abroad, but only in situations specifically set out by law.

“There are many Israelis who travel abroad and don’t really feel at home there,” Meisels said. “They don’t know the language, they don’t have a supportive family there, they don’t have lawyers. For these people to suddenly find themselves in a different legal system is a problem.”

The property factor

Property disputes create a further set of questions: Which court can hear the case, which country’s law will it apply, and will its eventual decision take effect elsewhere?

An Israeli couple may own an apartment in Israel, a home in the country where they now live, and financial assets in both. The court hearing the divorce may not be the only court or legal system that becomes involved.

An Israeli couple whose assets and lives are entirely in the United States may be able to conduct the divorce and divide their property there “just like any other American couple,” Meisels said. The position becomes more complicated when one spouse approaches an Israeli court, or the couple retains assets in Israel.

Under Israeli law, the property rules that ordinarily apply are those of the country where the couple made their home when they married – not necessarily the country where the wedding took place.

Real estate may also require proceedings or other legal work in the country where it is located. In some cases, Meisels said, lawyers in Israel and in the country where the couple lives will need to work together.

A court order from one country does not automatically take effect in another. In Israel, a foreign judgment generally must be declared enforceable by an Israeli court before it can be carried out here.

The same complications arise in inheritance.

One option for someone with substantial assets, particularly real estate, in two countries is to prepare a separate will in each, Meisels said. The lawyers preparing the documents should know about both wills so that they do not conflict.

Under Israeli law, an estate is generally governed by the law of the country where the deceased’s life was centered at the time of death – not simply the country in which the person happened to die.

If most of the assets are in Israel and only one or two are abroad, such as a foreign bank account, Meisels said another option is an Israeli will that identifies the foreign assets. The heirs may still need a separate legal process in the country where those assets are held.

The common problem running through each of these areas is that a family’s legal connections do not move from one country to another all at once.

Children may become habitually resident abroad while property remains subject to proceedings in Israel, or a divorce may require steps in both a civil court overseas and a rabbinical court here.

Planning cannot prevent every disagreement or dictate what a court will decide, but it can preserve evidence of the family’s plans and leave fewer questions to fight over later.

FOR FAMILIES who just marked another Rosh Hashanah overseas, another year abroad does not automatically change the legal answer. But arrangements left undefined can carry consequences over time.

A family does not need to decide where it will live forever. It should, however, write down what it has decided for now.■

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In a moving event steeped in history, the Budapest Jewish community marked the reopening and rededication of the historic synagogue in the Rákospalota district.

The building, originally constructed exactly one hundred years ago, has been restored to its original purpose after decades of serving as a book warehouse and storage facility for the Hungarian National Library (Széchényi).

The event opened with prayers, the ceremonial entry of a Torah scroll, and the unveiling of memorial plaques honoring the building’s founders, attended by rabbis, public figures, donors, and representatives of the founding families.

From closure, communism, and book storage to revival

The synagogue was first built and dedicated in 1926, the culmination of decades of effort by the community’s legendary rabbi, Rabbi Michael (Mihály) Dushinsky, who served the area for over 40 years. Less than two decades after its inauguration, the majority of the community – nearly 8,000 people – were deported to extermination camps. Only about ten percent survived.

Under communist rule, the building was stripped of its religious character; it was converted into a warehouse for newspapers and books for the National Library, remaining sealed off and cut off from its surroundings for decades. Rabbi Shlomo Köves, Rabbi of the Association of Torah-Observant Communities in Hungary (EMIH), described the building’s redemption process in his speech.

The rededication of Budapest's century-old Rákospalota synagogue. (credit: COURTESY JOSH ARONSON)

“Just a year ago, we entered this building when it was boarded up and filled with book storage. A passerby who saw us entering burst into tears, saying he had walked past the site for years on his way to the grocery store, heartbroken by the synagogue’s degradation. Today, we have proven once again: the People of Israel live, and our lives or our identity cannot be taken from us.”

This is the sixth historic synagogue the community has restored to life and active use over the past 16 years. The project was made possible following negotiations to relocate the national library, a comprehensive renovation lasting less than a year, and major support from philanthropists – foremost among them, benefactor Igor Plotnikov.

Coming full circle

One of the event’s highlights was the arrival of the founder’s grandson, who bears his name – Rabbi Michael Dushinsky (80), the former Chief Rabbi of Northern Ireland (Belfast).

In an exclusive interview, Rabbi Dushinsky spoke of the mixed emotions, balancing the pain of the past with the revival of the present.

Regarding his grandfather’s character and the community, he said, “My grandfather received his rabbinic appointment back in 1898 and established the synagogue in 1926. He was a Torah genius, very open-minded, and an ardent Zionist.

“Although the community was not entirely observant, he embraced everyone and maintained a unified, respectful Orthodox framework. He even traveled to Tel Aviv in the 1930s to officiate at the wedding of my father, who had immigrated to the Land of Israel in 1933.”

Rabbi Dushinsky said that he’d first walked into the synagogue 23 years ago. “There were bookcases on all sides and local workers sitting at desks; I recited a hurried, one-minute ‘El Maleh Rachamim’ prayer right there. Today, standing here as rabbis, the community, and a Torah scroll fill the space – it is a deeply moving moment.”

He discussed the disconnect between his thoughts as a Zionist toward the synagogue and his thoughts about the local community. “On one hand, as a Zionist, I believe the future of the synagogues of Babylonia lies in the Land of Israel, and the pain regarding the family members who perished here is ever-present. Yet, on the other hand, hundreds of Jews have been located in the area.”

It is worth noting that Hungary is currently considered a safe place for Jews, whereas the situation in other parts of Europe is becoming increasingly complicated.

Looking to the community’s future

Rabbi Baruch Oberlander, Head of the Rabbinical Court (Av Beit Din) of the ultra-Orthodox communities in Hungary, also addressed the gathering, alongside other rabbis. They emphasized that the synagogue’s role is not to serve as a museum or a site of nostalgic commemoration, but rather as a house of prayer, Torah study, and education for the younger generation.

With the introduction of the Torah scroll and the affixing of the mezuzahs, the period of the magnificent building’s dormancy came to an end; it opened its doors for Sabbath and holiday prayers exactly one hundred years after its founding.

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Dr. Galia Melman Shalev, a veterinarian and founder of Negev Vet clinics, will receive the World Small Animal Veterinary Association’s 2026 Animal Welfare Award for her efforts to rescue and treat hundreds of pets following the October 7 massacre.

The award recognizes her efforts, described as “unwavering dedication, exceptional performance under combat conditions, leadership and genuine risk to her own life.” Shalev was selected following a strong recommendation from the Israeli Companion Animal Veterinary Association.

Shalev remained in Moshav Ein HaBesor, near the Gaza border, during the turbulent days after October 7 to rescue and treat hundreds of pets left behind during evacuations.

On the morning of October 7, Shalev and her husband, Ziv, were on their way to a cycling training session near Kfar Aza and Nahal Oz when the attack began. Their two children were home alone in their community.

When the couple returned home, they encountered the chaos and destruction caused by the October 7 massacre.

Dr. Galia Melman Shalev will receive the World Small Animal Veterinary Association's 2026 Animal Welfare Award for her efforts to rescue and treat hundreds of pets following the October 7 massacre. (credit: Courtesy)

Shalev extends her stay to provide treatment

The following day, after reuniting with their rescued children, the couple returned to Ein HaBesor. They loaded their vehicle with basic supplies for an extended stay in the evacuated moshav, along with animal food and medication donated by Vet Market.

There, they encountered scenes of severe distress, including animals trapped inside burned homes, pets wounded by gunfire and shrapnel, and others wandering through the area traumatized, thirsty, and starving.

As Israel’s western Negev was filled with security forces, faced continued infiltration threats, and came under relentless fire, Shalev and her husband began searching evacuated communities, providing urgent treatment in the field and rescuing animals from the devastated area.

“It was different from anything I had experienced during my many years as a veterinarian,” Dr. Shalev recalls. “The rescue and treatment of the animals from the evacuated communities was simply something that had to be done.”

Lone dog rescued and returned to owner

Among the many animals she treated, one dog from Kibbutz Sufa stood out. The dog had hidden under a couch in a safe room with her owners for hours. When soldiers arrived to rescue the couple, the frightened dog ran away.

The couple was forced to evacuate without her, but some time later, she was found at the gate of a neighboring kibbutz.

Shalev and her husband arranged to collect the dog, and a volunteer from the community drove her to a hotel at the Dead Sea, where she was reunited with her owners.

“Bringing a family who had been evacuated to a hotel, who had barely taken anything with them, the dog that had been left behind at home — there is nothing more moving than that.” Dr. Shalev reflected.

She added, “Sometimes we even put ourselves at risk to bring these animals back, because we knew that an animal like that is part of the family. For some families, it was truly a lifeline after the terrible day they had endured.”

What began as a spontaneous initiative quickly became a large-scale emergency operation. When Shalev’s private clinic became overcrowded, she and her husband converted a stable in the moshav into a temporary emergency shelter.

New network and emergency clinic established

A broad volunteer network was subsequently established around the shelter, including a Zoom command center set up by Shalev’s daughter and her friends from Ben-Gurion University to recruit foster families. The veterinarians’ organization also established a command center in Beit Shemesh.

Later, after Shalev arrived in Eilat as an evacuee, she established an improvised emergency clinic on the minus-one floor of the Royal Beach Hotel.

With equipment, medication and vaccines supplied by the organization, she spent three months in Eilat providing free treatment to hundreds of pets belonging to evacuees staying in hotels across the city. She carefully documented each case, checked microchips and updated the national database.

“These tasks in Eilat helped me maintain my sanity to some extent during that period,” she says. “I felt that I was able to fulfill my purpose and help animals and people who needed it so desperately.”

WSAVA said Shalev’s work highlights the importance of professionals during emergencies as a force that can help heal and strengthen communities.

Dr. Anat Lichter-Feld, chair of ICAVA, congratulated Shalev on the award, calling her work “a reflection of the highest values of the veterinary profession: compassion, service, responsibility and courage.”

Dr. Segev Dishon, a member of the organization’s executive committee, added that her response on the ground reflected her ‘practical leadership’ and ‘sense of personal responsibility’.

Reinventing herself and her clinics

Nearly three years after October 7, Shalev’s clinics are operating again in a new format, after the entire team that worked with her before the massacre was reportedly replaced.

“We reinvented ourselves, as so many people have,” she concludes. “Although this award bears my name, it represents the compassion, courage and commitment of my husband, Ziv, my daughters and the many volunteers who worked to save animals. It is a powerful reminder of our responsibility as veterinarians to be there for animals and the people who love them in their most difficult moments.”

This post was originally published on here. 

After Yom Kippur, the holiest day in the Jewish calendar, Israel will enter another period of remembrance, this one marking the massacre of October 7, 2023.

For Israelis of my generation, the proximity is especially haunting.

Yom Kippur evokes prayer and repentance. It also carries the memory of October 1973, when Egyptian and Syrian forces launched a surprise attack that caught Israel dangerously unprepared and led to one of the bloodiest wars in the country’s history.

Half a century later came October 7.

The circumstances were very different. But an uncomfortable connection links the two catastrophes: in both cases, what Israel believed shaped what it knew.

 The aftermath of Hamas's Nova music festival massacre in Re'im, southern Israel, on October 7, 2023. Picture taken November 2, 2023 (credit: Arie Leib Abrams/Flash90)

That distinction should concern every intelligence service and every national leader.

I have spent much of my professional life around Israel’s defense and intelligence establishment. Over the years, I have learned that strategic surprises rarely arrive in the form we expect. They can be catastrophic. They can also be hopeful.

And certainty can be the greatest danger of all.

Peres asks National Security College graduates if they predicted USSR collapse

I remember a 1996 meeting between former prime minister Shimon Peres and the graduating class of Israel’s National Security College. Peres had just lost the election to Prime Minister Benjamin Netanyahu and was in a somber mood.

He asked the officers a simple question.

He had, he said, dozens of books on the Soviet Union in his library. Now that the Soviet Union no longer existed, what was he supposed to do with them?

Then came the more serious question: Had any of them predicted its collapse? Had their commanders?

Silence.

The dissolution of one of the world’s two superpowers had transformed the international order. Yet much of the global intelligence community had failed to anticipate the speed and scale of what was happening.

I remember another surprise.

In August 1990, I was attending the wedding of Amnon Lipkin-Shahak, then head of Military Intelligence and later IDF chief of staff.

During the ceremony, word arrived that Saddam Hussein’s forces had invaded Kuwait.

The invasion would lead to the Gulf War and, for Israelis, to something previously almost unimaginable: Iraqi ballistic missiles falling on Tel Aviv and other Israeli cities.

Yet another surprise followed. Israel had prepared extensively for the possibility that Iraq would use chemical weapons. Gas masks were distributed to the population.

The chemical attack never came.

Fears of Egyptian deception before Sadat’s 1977 Jerusalem visit 

Intelligence failures extend beyond failures to anticipate wars.

In 1977, Egyptian president Anwar Sadat announced that he was prepared to travel to Jerusalem.

Only four years after Egypt and Syria had surprised Israel on Yom Kippur, Egypt’s president proposed standing before the Knesset, Israel’s parliament, and speaking about peace.

Israel’s military leadership was deeply suspicious. Some feared deception.

But Sadat came.

That surprise ultimately helped produce the peace treaty between Israel and Egypt, one of the most consequential strategic achievements in Israel’s history.

This is the part of intelligence work that receives too little attention.

Governments spend enormous resources asking, “Where will the next threat come from?”

They spend far less time asking: Where might the next opportunity come from?

History contains both kinds of surprises.

Israel failed to foresee the fall of the shah of Iran and the rise of the Islamic Republic, despite its deep military, intelligence, and economic relationship with Iran at the time.

The Oslo process developed through secret negotiations that surprised many inside Israel’s own political and security establishment.

The Arab Spring toppled governments that had seemed entrenched.

And Bashar Assad remained in power for years after senior Israeli officials publicly predicted that his regime was about to collapse. It eventually fell in December 2024.

I have known many brilliant intelligence professionals. Even for them, prediction is difficult.

The problem is fundamental.

Human beings interpret information through assumptions.

Intelligence organizations do the same.

Before the 1973 Yom Kippur War, Israel possessed important information about Egyptian and Syrian preparations. But that information was filtered through what Israelis came to call the “conception,” a deeply entrenched analytical framework about when and under what conditions Egypt and Syria would go to war.

Before October 7, 2023, Israel again possessed warning signs and pieces of information.

The catastrophe exposed how that information was interpreted through assumptions about Hamas, its intentions, and its willingness to risk a full-scale confrontation.

That is why I have developed a small tradition over the years.

When a new head of Military Intelligence takes office, I try to remind him of something simple:

You see only what you see.

You hear only what you hear.

You know only what you know.

And you understand only what you understand.

There are always things you do not see, hear, know, or understand.

For an intelligence officer, acknowledging this is a mark of professionalism.

Israel today possesses extraordinary intelligence and technological capabilities. Its security establishment operates satellites, cyber systems, sophisticated surveillance networks and advanced missile defenses. It must monitor threats thousands of kilometers from Israel, around the clock, across multiple fronts, in an age when artificial intelligence is transforming both intelligence collection and warfare.

These capabilities are essential.

But technology can also create an illusion of omniscience.

A country that can watch an enemy from space may still fail to understand what is happening on the ground.

A military equipped with some of the most advanced technology in the world can still be surprised by paragliders, drones, tunnels and tractors.

That should be one of the enduring lessons of October 7.

Intelligence requires the disciplined questioning of assumptions alongside the accumulation of information.

And the lesson applies to opportunities, too.

On this Yom Kippur, Israel’s intelligence and political leaders should continue asking the question they are trained to ask:

Where might the next danger come from?

But they should add another:

Where might the next opportunity come from?

Israel’s next strategic surprise could be another war. It could be a dangerous political transformation in a neighboring country. It could be a technological or military development we have failed to anticipate.

But it could also be something entirely different: a diplomatic opening, an unexpected regional realignment or an initiative for peace that today seems impossible.

No intelligence system can eliminate surprise.

The goal should be to prevent confidence from becoming blindness.

That requires technology, expertise, and constant scrutiny.

Above all, it requires humility.

This post was originally published on here. 

The Haifa Magistrate’s Court filed an indictment against Dean Mor, a 34-year-old Haifa resident, for vandalizing a church and assaulting a police officer on Friday.

According to the court’s indictment, Mor smashed a church window and, after being arrested by police, spat twice in the face of a Druze officer and yelled racist slurs at him.

The incident occurred on Sunday around eight in the morning. Mor entered the church before Sunday services and walked up to the priest’s pulpit when a member escorted him out of the building.

After he left, Mor threw a stone through one of the church’s windows, shattering it, according to the court indictment. 

Following Mor’s arrest and detention at the Haifa police station, he spat twice in the face of a Druze police officer and shouted racist slurs while waiting for a lawyer.

Police at the scene where two people were murdered in Haifa, northern Israel, February 18, 2026 (credit: FLASH90)

Mor admits to charges, claims he felt threatened

During his interrogation with police, Mor, who has no prior criminal record, admitted to the charges against him, but claimed that he had felt threatened at both the church and by the officer at the police station.

The court’s indictment did not allege a religious or hate crime motive to Mor’s actions. Along with its indictment this morning, the police prosecution unit asked the court to order Mor’s continued detention until the end of the proceedings.

This post was originally published on here. 

And so, another working week will soon come to a close. Not a moment too soon, yes? This is, you may recall, our treasured signal to daydream about weekend plans. Our agenda is still taking shape, but we plan on promenading with the official mascots, catching up on our reading, escorting Mrs. Pharmalot to a speakeasy and, if time permits, holding another listening party, where the rotation will likely feature this, this, this, this and this. And what about you? Now that autumn is upon us, this is a fine time to jump in your jalopy to visit orchards and patches. If the weather fails to cooperate, you could binge-watch a few series on the telly or shop for warmer garb. Maybe a new sweater or two is needed. Or stop by the eatery that always appeared inviting. Well, whatever you do, have a grand time. But be safe. Enjoy, and see you on Tuesday, since we will be off again to observe ancient rituals and a pinch hitter will be in our stead on Monday. …

The U.S. is working on rules for pharmaceutical companies investing in China that would likely preserve their ability to strike most licensing deals for Chinese drugs, Reuters reports. This would mark a departure for the Trump administration, which has sought to tighten business ties with China for other industries under new national security legislation, and would be looser than restrictions sought ‌by some lawmakers. The rules, being drafted by the U.S. Treasury Department, are likely to allow U.S. drugmakers to invest in promising new drugs being developed by Chinese companies as long as they are not related to pathogens or biotechnology that could be weaponized.

An analysis of U.S. Food and Drug Administration data found hundreds of post-market studies listed as delayed and, in some cases, the work was delayed by more than a decade or the manufacturer was still developing a plan for the study, KFF Health News confides. Relying on post-approval studies to resolve questions risks exposing patients to products that do more harm than good. Whoever is paying the bills — patients, insurance companies, employers, or government health programs such as Medicare and Medicaid — can end up wasting money and rewarding manufacturers for useless or risky products.

Continue to STAT+ to read the full story…

This post was originally published here. 

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Today, we discuss the first gene therapy approval for Sanfilippo syndrome, learn of a rare gene variant linked to dramatically heightened lung cancer risk in non-smokers, and look ahead toward the confirmation hearing for the nominee to lead the FDA.

About the Sanfilipo approval: I first wrote about the effort to develop a therapy a decade ago. I get melancholy sometimes when I think of how many kids have declined or died before their families can get cutting-edge therapies approved for children who are not their own. But science takes time, and biotech can produce a better tomorrow, no?

Continue to STAT+ to read the full story…

This post was originally published here. 

The Department of Labor will soon finalize a rule that will meaningfully benefit retirement savers. Originally proposed in March, the rule provides safe harbor for fiduciaries selecting investment options for 401(k)s and other defined contribution plans, thereby expanding access to alternative investments for savers and investors. The Department has received more than 46,000 comments in response to its initial proposal, many asserting the rule is too novel of a step. Yet the Department of Labor is simply allowing America’s main retirement law to work as intended—for workers’ benefit.

The Employee Retirement Income Security Act (ERISA), the fiduciary framework Congress created in 1974, established commonsense standards for private-sector retirement plans. It gave freedom and flexibility to plan sponsors, empowering them to innovate and better serve workers. Yet over the past 50 years, the law has been eroded because of uncertainty, litigation risk, and constant regulatory second-guessing. As a result, too many retirement plan sponsors are now afraid to use tools that can improve plan design and retirement income outcomes, including private market assets.

The proposed federal rule addresses these challenges for 401(k) and other defined contribution plans.  It is principles-based and asset-neutral, setting out six factors—risk-adjusted performance, fees, liquidity, valuation, benchmarks, and complexity—for fiduciaries to consider objectively and document. A fiduciary who follows this process then earns a legal presumption of prudence, allowing them to create new options for workers. This isn’t some sea-change in retirement law. It’s what ERISA was designed to allow.

Critics point to a rough 2025 for private equity—with many boom-era investments expected to underperform—as reason for caution.” That criticism deserves a direct answer, not a dismissal: it’s exactly why this rule is structured as a process requirement, not a blanket mandate. A fiduciary who adds a risky, overleveraged private-equity stake without documenting risk-adjusted performance, fees, valuation, and liquidity against the other five factors would not earn the rule’s legal presumption of prudence — and would remain fully exposed to liability. The rule doesn’t bless private assets; it forces the same rigor onto them that fiduciaries already apply to public equities and bonds.

ERISA sets the rules of the road. It asks fiduciaries to act with care, skill, diligence, and loyalty to plan participants—but it does not micromanage every investment decision they make. It trusts fiduciaries to exercise sound judgment within a disciplined process and holds them accountable when they fall short of those standards. The proposed rule makes this principle explicit by clarifying that fiduciaries, not trial lawyers or regulators, have the discretion to determine which investments best serve participants—including private market assets. Innovation cannot thrive when every judgment is subject to challenge under the assumption of bad faith.

That assumption has a real cost for workers. At the Georgetown University Center for Retirement Initiatives at the McCourt School of Public Policy, we have examined the inclusion of private market assets in DC plans for several years. Our research has consistently shown that the inclusion of private equity, private credit, and private real assets in target-date funds can materially improve retirement outcomes. A 2022 study found that even modest allocations of 15 to 20 percent to alternative assets could boost retirement income by 6 to 8 percent, net of fees. Our 2025 report examined five real-world worker profiles—average workers, family caregivers, lower-income workers, job hoppers, and those facing early forced retirement—and found a 7 to 8 percent improvement in retirement income net of fees across all profiles when a target-date fund included private assets.

The DOL cited this research in its regulatory analysis for the proposed rule because the evidence is consistent and compelling. Yet the lack of legal certainty and threat of legal penalties have so far prevented defined contribution plan sponsors from delivering these benefits to workers.

Fairness for workers is also at stake. The number of publicly listed U.S. companies has fallen from more than 8,000 in 1996 to just over 4,000 today, and the indexed returns are increasingly concentrated in a handful of companies. Private markets have grown to more than $15 trillion in total assets. High net worth and institutional investors have long used private assets to diversify and improve returns.  Workers saving in 410(k) plans deserve access to the same tools.

None of this means that private assets belong in every retirement plan. Plan sponsors with small plans, high workforce turnover, or limited in-house expertise may reasonably conclude that the added costs, complexity, and fiduciary requirements outweigh the potential benefits. This is a fiduciary judgment and the proposed rule reinforces sponsors’ ability to make them. The rule aims to mitigate litigation risk and give plan sponsors greater flexibility and discretion to make investment selections that they believe are appropriate for plan participants. This is precisely what ERISA was intended to allow.

The retirement savings landscape is changing. Plan sponsors need clarity, not litigation, to best serve their plan participants. The Department of Labor’s proposed investment rule will help restore confidence in the ERISA legal framework and give more American workers a better shot at creating the retirement security they have worked so hard to earn. For workers, a timely final rule would give plan sponsors the clarity they need to put these tools to use.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

This story was originally featured on Fortune.com

This post was originally published here. 

For almost a decade, the crypto industry has promised to reinvent global finance and bring millions “onchain.” Despite generating some truly innovative products, the industry has yet to attain those lofty goals. But now something different has arrived: A new category of onchain products built to compete with traditional finance on its own terms.

This new development has been reflected in public discussions: Financial regulators recently have begun to use the term “onchain finance” in public hearings and speeches; software developers are doing the same to describe what they are building; and even Wall Street itself has started to employ it. But what precisely are they talking about?

The term onchain finance describes the pairing of the most powerful element of blockchain technology—public networks open to everyone on identical terms—with a feature familiar to every traditional financial institution: a reputable company that customers trust to stand behind the product. It means that traditional firms that may have kept their distance from crypto have no choice but to pay attention now.

Finance without permission

Onchain finance shares certain characteristics with decentralized finance (“DeFi”), which describes software applications built on public blockchains that allow users to engage in financial activity without relying on known third parties.

DeFi’s origins trace back to Bitcoin, a public network that lets anyone store and transfer value under rules that no company or government can change. DeFi extends that idea to the rest of finance: anyone with an internet connection can engage in complex financial transactions, anywhere and anytime, without asking for permission.

In DeFi, financial activities are defined entirely by code that operates automatically and on identical terms for everyone, that can be audited in a way that lets users understand how their funds move when they conduct a transaction. Those who use DeFi, meanwhile, exercise self-custody so they do not have to rely on a third party to access their funds. Finally, DeFi systems are built in a Lego-like fashion—they are open and composable, and anyone can build new applications on top of them.

The upshot is that DeFi architects leveraged the benefits of public blockchains, including transparency and resilience, in order to create financial services tools with new features that don’t exist in conventional markets. Now the technology is beginning to spread further.

Trust in onchain finance

While DeFi optimizes for permissionless and open transactions, onchain finance optimizes for a product that competes with traditional finance on its own terms. Like DeFi, onchain finance uses public blockchains and enjoys all the benefits that go with doing that. But unlike DeFi, onchain finance typically involves a third party with a degree of control over some element of the product.

Third parties are necessary for certain products to compete. In some case, the products possess elements that cannot yet be automated end to end: someone has to add new assets, tune parameters, and upgrade the system as markets change and users demand new features and improvements. In other cases, users want an extra degree of reassurance by paying for a manager’s discretion or for instruments that are centralized by their nature.

Onchain finance strikes a unique balance between minimizing gatekeepers and maximizing competitiveness. Legacy financial institutions have total control over every element of their products, and use decades-old technology. Onchain finance providers retain only as much control as their products require, but inherit all of the advantages of public blockchains. Onchain finance requires less trust to offer a product with benefits traditional finance has been seeking for decades, and the category is already operating at scale.

The model is working

The clearest example of onchain finance in the market today is stablecoins. Stablecoins are digital dollars backed by traditional assets held offchain. A regulated issuer holds reserves and stands behind redemption at par, while the stablecoin itself moves across public blockchains that anyone can use, at any hour and in any country. More than $300 billion of stablecoins are outstanding today, and supply has continued growing through a downturn that cut the value of nearly every other digital asset.

Regulated stablecoins rely on the trust of an issuer who must comply with the federal stablecoin legislation enacted last year known as the GENIUS Act. The law serves to place responsibility for reserves, redemptions, anti-money laundering, and sanctions obligations on so-called permitted issuers—identifiable companies that back the assets and know their customers—while leaving the networks beneath them alone.

The same regulatory model will bring the vast majority of financial instruments onchain. The GENIUS Act protected the openness of the protocol layer while regulating the businesses built on top, and nothing about that allocation of responsibility is unique to stablecoins. Treasuries, money market fund shares, equities, bonds, derivatives, and more can all move the same way, and several already do.

Onchain finance is bringing in a new wave of investors and market participants who are young, global, and accustomed to markets that never close. They are the customers of the financial giants of the future, and those giants will be whichever firms meet them where they are.

In short, onchain finance is here, and for the first time these products are competing directly with legacy incumbents for their own customers. This trend will only accelerate as U.S. regulators work to write new rules tailored for these innovative products. New rules designed for onchain finance will allow it to grow rapidly in the United States.

Wall Street has a choice. It can adopt onchain finance and build on public blockchains, or it can watch its customers move to other institutions that do. The firms that spent the last decade dismissing crypto have one more chance to get on the right side of history. They shouldn’t waste it.

Jake Chervinsky is the founder and CEO of Hyperliquid Policy Center, an organization that promotes regulatory frameworks for onchain markets. Rebecca Rettig is COO and CLO at Jito Labs, a software development company that builds tools for the Solana blockchain.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

This story was originally featured on Fortune.com

This post was originally published here. 

At 8 a.m. Eastern Time today, oil was priced at $104.33 per barrel with Brent serving as the benchmark (we’ll explain different benchmarks later in this article). That’s a gain of 35 cents compared with yesterday morning and around $37 higher than the price one year ago.

Oil price per barrel % Change
Price of oil yesterday $103.98 +0.33%
Price of oil 1 month ago $92.81 +12.41%
Price of oil 1 year ago $67.68 +54.15%

Will oil prices go up?

It’s impossible to forecast oil prices with detailed precision. Many different elements affect the market, but ultimately it boils down to supply and demand. When worries about economic recession, war, and other large-scale disruptions increase, oil’s path can shift fast.

How oil prices translate to gas pump prices

Gas prices at the pump don’t only track crude oil. They also include what it takes to refine and move that fuel, the taxes layered on top, and the extra markup your local station adds to stay in business.

Since crude oil generally makes up a majority of the per-gallon cost, changes in its price have an outsized impact. When oil surges, gas prices typically rise in tandem. But when oil retreats, gas prices often lag on the way down, a trend sometimes described as “rockets and feathers.”

The role of the U.S. Strategic Petroleum Reserve

In case of emergency, the U.S. has a store of crude oil known as the Strategic Petroleum Reserve. Its primary purpose is energy security in case of disaster (think sanctions, severe storm damage, even war). But it can also go a long way toward softening crippling price hikes during supply shocks.

It’s not a long-term answer and is more meant to provide temporary relief, assisting consumers and keeping critical parts of the economy running, like key industries, emergency services, public transportation, etc.

How oil and natural gas prices are linked

Both oil and natural gas are key sources of the energy we use every day. Because of this, a big change in oil prices can affect natural gas. For example, if oil prices increase, some industries may swap natural gas for some segments of their operations where possible, which increases demand for natural gas.

Historical performance of oil

To gauge oil’s performance, we often turn to two benchmarks:

  • Brent crude oil, the main global oil benchmark.
  • West Texas Intermediate (WTI), the main benchmark of North America

Between these two, Brent better represents global oil performance because it prices much of the world’s traded crude. And, it’s often the best way to track historical oil performance. In fact, even the U.S. Energy Information Administration now uses Brent as its primary reference in its Annual Energy Outlook.

Looking at the Brent benchmark across several decades, oil has been anything but steady. It’s seen spikes due to factors such as wars and supply cuts, and it’s also seen crashes from global recessions and an oversupply (called a “glut”). For example:

  • The early 1970s brought the first big oil shock when the Middle East cut exports and imposed an embargo on the U.S. and others during the Yom Kippur War.
  • Prices dropped in the mid-1980s for reasons such as lower demand and more non-OPEC oil producers entering the industry.
  • Prices spiked again in 2008 with increased global demand, but it soon plummeted alongside the global financial crisis.
  • During the 2020 COVID lockdown, oil demand collapsed like never before—bringing prices below $20 per barrel.

All to say, oil’s historical performance has been anything but smooth. Again, it’s hugely affected by wars, recessions, OPEC whims, evolving energy initiatives and policies, and much more.

Energy coverage from Fortune

Looking to stay up-to-date regarding the latest energy developments? Check out our recent coverage:

Frequently asked questions

How is the current price of oil per barrel actually determined?

The current price of oil per barrel depends largely on supply and demand, including news about potential future supply and demand (geopolitics, decisions made by OPEC+, etc.). In the U.S., prices also move based on how friendly an administration is to drilling, as it can affect future supply. For example, 2025 saw the Trump administration move to reopen more than 1.5 million acres in the Coastal Plain of the Arctic National Wildlife Refuge for oil and gas leasing, reversing the Biden administration’s policy of limiting oil drilling in the Arctic.

How often does the price of oil change during the day?

The price of oil updates constantly when the “futures” markets are open. A futures market is effectively an auction where people agree to buy or sell oil in the future. As long as people and companies are trading contracts, the oil price is changing.

How does U.S. shale oil production affect the current price of oil?

In short, shale is rock that contains oil and natural gas. Think of shale as energy yet to be tapped. The more shale the U.S. accesses, the more energy we’ll have—and the more easily oil prices can keep from spiking as much thanks to a greater supply.

How does the current price of oil impact inflation and the broader economy?

When oil is expensive, it tends to make everyday items cost more. This can be related to energy (your heating, gas utilities, etc.), but it’s also due to the logistics involved with making those items accessible to you. Shipping, for example, can affect the price of things at the grocery store, as it’s more expensive to get those products from warehouses and farms onto the shelf.

This story was originally featured on Fortune.com

This post was originally published here. 

Citigroup raised $12 billion in a bond offering that attracted roughly $40 billion in investor orders, according to the supplied account. If confirmed, the transaction would show strong demand for the bank’s debt at a time when borrowing costs are a growing concern for businesses and households.

The account describes the offering as Citigroup’s largest-ever bond sale. That distinction, along with the transaction’s pricing and timing, requires confirmation from offering documents or reliable reporting.

A bond sale allows a bank to borrow directly from investors such as pension funds, insurance companies and asset managers. Investors provide money upfront in exchange for interest payments and repayment according to the bonds’ terms. For the issuer, the transaction can provide funding for several years rather than relying entirely on deposits or shorter-term borrowing.

The reported order book would represent demand of about 3.3 times the amount sold. Strong demand can help an issuer reduce the additional yield investors require above a comparable Treasury security. That can improve financing terms during the sale, although it does not by itself establish that the bank borrowed more cheaply than in previous offerings.

The distinction matters because a corporate bond’s borrowing cost reflects both underlying market interest rates and the compensation investors demand for taking the issuer’s credit risk. An offering can attract enthusiastic buyers while still carrying a higher interest rate than debt issued when Treasury yields were lower.

For businesses, a large bank’s access to funding matters because banks help finance working capital, investment and other commercial activity. Raising long-term debt can diversify a bank’s funding sources and help it manage upcoming repayments.

But a successful bond sale does not automatically translate into cheaper loans or easier credit. Lending decisions also depend on borrower quality, capital requirements, economic conditions and the bank’s own priorities. Issuing debt increases cash and liabilities; it does not automatically strengthen equity capital.

Households should make a similar distinction. The interest rate Citigroup pays bondholders is separate from the rates customers receive on savings accounts or pay on credit cards and mortgages. Those products respond to different benchmarks, competitive pressures and contractual terms.

Nor does a heavily subscribed offering mean investors would actually have purchased the entire amount requested at the final price. An order book records demand during the marketing process, and orders can change as pricing develops.

The supplied account does not establish how Citigroup intends to allocate the proceeds. Banks may issue bonds to refinance maturing obligations, support general corporate needs or meet particular regulatory funding requirements. The offering documents are needed to identify the purpose and structure of this transaction.

The next step in assessing the reported sale is to examine its maturities, final yields, credit spreads and stated use of proceeds. Those details would show whether Citigroup secured favorable financing—and how much can reasonably be inferred about investor confidence from the headline numbers.

JBizNews Desk | Wall Street

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Good morning. AT&T’s Pascal Desroches has spent his career thinking of his professional life as a series of chapters, each shaped, he says, “by change, challenge, and the opportunity to help navigate moments that mattered.”

On Dec. 31, he’ll close the AT&T chapter, retiring as CFO after more than five years in the role and nearly four decades in finance. Jennifer Biry, a longtime AT&T finance executive and most recently CFO and COO of McAfee, was named deputy CFO in July and will succeed Desroches on Jan. 1, 2027. There has been a wave of CFO transitions at Fortune 500 companies this year.

When I sat down with Desroches in New York City earlier this month, he explained that he stepped into the CFO role in 2021, during one of the most consequential moments in AT&T’s recent history. During his tenure, AT&T separated DirecTV, divested WarnerMedia, cut its dividend, and refocused on telecom infrastructure—5G and fiber.

“When you’re in the middle of making really hard decisions, you’re never quite sure how it’s going to work out,” Desroches told me. The lesson, he said, was about speed. AT&T sold DirecTV and its Time Warner assets early, before the Federal Reserve’s 2022 rate hikes impacted the value of those deals.

“Had we not done it as early as we did, proceeds would have been less, and the amount that we have to invest back into businesses would have been less,” he said. “That’s probably the thing I am most proud of. We didn’t hesitate.”

Courtesy of AT&T

That willingness to make difficult decisions was paired with an emphasis on communication. Desroches singled out AT&T CEO John Stankey for communicating both the company’s wins and what it still needed to improve. He called communication “something that is underappreciated.” Stankey said in a recent LinkedIn post that Desroches has been an “exceptional partner and a principled leader.”

The leaders who shaped his career

Born in Haiti and raised in Queens, N.Y., after his family immigrated when he was five, Desroches grew up in a household where excelling in education was non-negotiable. He graduated from St. John’s University and earned his MBA at Columbia Business School.

“From where I started, it was really hard to envision something like this—it was never what I saw as a possibility,” Desroches said. “There weren’t a lot of people who looked like me in these jobs.” He hopes to pay that forward: “I really do hope that people look up and say, ‘Okay, you know what? I want to be like him.’”

Desroches started his career at KPMG, where Lemar Swinney, the first Black person to make partner in KPMG’s New York office, led by example and became his mentor and sponsor.

He went on to Time Warner, serving in roles including EVP and CFO of WarnerMedia, CFO of Turner Broadcasting, and global controller of Time Warner. The late Time Warner CEO Dick Parsons also became Desroches’ mentor. From Parsons, he learned to “be comfortable operating in ambiguity” and to “leave your door open for bad news.”

Those lessons shaped how Desroches approached the biggest financial choices of his AT&T tenure.

The math behind $150 billion

AT&T (No. 35 on the Fortune 500) invested more than $150 billion in wireless and wireline networks, including spectrum, largely over Desroches’ tenure. Sequencing that investment against an aggressive deleveraging plan meant treating capital spending as non-negotiable, he said.

“You can’t save your way to prosperity,” he said.

The dividend cut was the harder call. AT&T’s annual payout fell from more than $15 billion in 2020 to about $8 billion, freeing cash for reinvestment and debt reduction. Last year, AT&T generated more than $16 billion in free cash flow and invested more than $22 billion in the business. Investors have rewarded the strategy: AT&T’s stock has returned roughly 65% over five years and nearly 95% over the past three, including dividends, outpacing the S&P 500 over the three-year stretch.

“You have to have the agility to make changes to your plan,” while knowing “you can’t abandon a project midway,” he said. 

As he prepares to close the AT&T chapter, Desroches isn’t stepping away from corporate life entirely. He sits on the board of Honeywell Aerospace, where he chairs the audit committee, and expects to join one or two additional boards or take on advisory work.

His advice to mentees and finance professionals reflects the long view that has shaped his career: Treat your career as “a marathon, not a sprint”—sustained by sleep, exercise, eating well, spending time with loved ones, and finding enjoyment.

“If you don’t make time for things that bring you joy, that replenish you, you’re not going to be your optimal self,” he said.

Sheryl Estrada
Sheryl.Estrada@fortune.com

This story was originally featured on Fortune.com

This post was originally published here. 

Ukrainian President Volodymyr Zelensky launched a new regional grouping of eight countries from the Carpathian region of central and eastern Europe on Friday at a summit in Ukraine designed to promote trade and security cooperation.

At the meeting in western Ukraine, Zelensky thanked regional allies for keeping trade and transport links open following Russia’s full-scale invasion in 2022.

The new grouping brings together Romania, Serbia, Poland, Slovakia, the Czech Republic, Austria, Hungary, and the European Union.

Polish Prime Minister Donald Tusk, Serbia’s President Aleksandar Vucic and Romania’s President Nicusor Dan attended the inaugural event, which is expected to last until Sunday.

“This marks the start of a movement that should bring our countries even closer together and create another strong framework for cooperation at the EU level,” Zelensky said on Telegram, citing the expansion of energy and logistics cooperation, cross-border trade, and security.

Ukrainian President Volodymyr Zelensky meets with other world leaders at the first Carpathian Eight Summit in Ivano-Frankivsk, Ukraine, September 18, 2026. (credit: Ukrainian Presidential Press Service/Handout via REUTERS)

Zelensky: ‘Security issues are priority’

“Naturally, security issues are a priority right now and for the years ahead,” Zelensky said in a speech.

Close to 550 business representatives were expected to attend the forum, and Zelensky said investment and trade agreements worth €1 billion ($1.15 billion) were expected to be signed.

“It’s a good start: energy, logistics, infrastructure and cross-sector agreements,” he said in a speech transmitted on Ukrainian TV.

This post was originally published on here. 

Russians began voting on Friday in a three-day parliamentary election which President Vladimir Putin has said will show that millions of people back his army fighting in Ukraine, even though most anti-war candidates were not allowed to run.

The State Duma election, the first since Russia launched its full-scale war in Ukraine in February 2022, is widely expected to see the ruling pro-Putin United Russia party retain its dominance in Russia’s tightly controlled political system.

The result is likely to be held up by the Kremlin as evidence of widespread public support for Putin’s policies and, in particular, for his prosecution of Europe’s deadliest conflict since World War Two, now in its fifth year.

“Your choice, and your will, will once again demonstrate that millions of people stand behind our soldiers, that we are a united people bound together by shared values, historical memory, and love for our homeland, and that no one will succeed in dividing or intimidating us,” Putin said in a televised address before the vote.

An advert on state TV urging people to vote showed Russian military commanders down the ages before cutting to soldiers holding up the national flag after winning a battle in Ukraine with the slogan: “Their voice is the voice of victory. Your vote is the strength of Russia!”

A patient at a perinatal centre casts her ballot on the first day of Russia's parliamentary election in Krasnoyarsk, Russia, September 18, 2026. (credit: REUTERS/Vladislav Nekrasov)

In another move to boost morale and support for fighting on until victory, bone fragments from the sword hand of a medieval Russian prince who won a famous victory over the Mongols were sent to the front in Ukraine in the run-up to the vote.

Voting in Moscow, Anatoliy Simonenko, 76, said he was sanguine about what might happen after the election amid speculation, repeatedly denied by the authorities, that a new wave of mobilization may be announced.

“There are some very grim predictions, and others that are more optimistic. I expect the outcome will likely fall somewhere in the middle. War is war. It entails expenses, defense spending, and cuts to various social benefits. Well, it’s necessary; there’s no getting around it,” he told Reuters.

Another voter, who declined to give his name, said he believed the results were easy to rig and raised doubts about an electronic voting system being used in some parts of the country. The electoral commission has rejected such suggestions as false.

Candidates against Ukraine-Russia War have been excluded from Moscow’s Duma election ballot

Most anti-war candidates were excluded from the ballot before voting across Russia’s 11 time zones got underway, after the Supreme Court ruled last month that the liberal Yabloko party, which wants a ceasefire in Ukraine, had breached electoral rules, something it denied.

Some candidates from Yabloko, which has traditionally only got single-digit support in opinion polls, are still running in individual constituencies that account for half the 450 seats in the lower house of parliament.

In the run-up to the vote, Lev Shlosberg, a senior figure in the Yabloko party, was jailed for 11 years for comments about the war. Its deputy leader, Maxim Kruglov, was jailed for seven years on similar charges in June.

Discrediting the army or spreading what authorities regard as fake news is punishable with long jail terms.

Some opinion polls show public support for peace talks has risen to over 60%, and the Kremlin has repeatedly said that it is ready to resume such talks.

However, it has also made clear, as its troops push to take control of the rest of the Donetsk region in eastern Ukraine, that any settlement must leave it in full control of all of that territory and that it only wants a long-term deal, not a ceasefire.

Voting is taking place at a time when opinion polls show some Russians have become more anxious about how the conflict affects them.

The economy is also under strain, and the authorities are expected to use the vote to gauge the depth of society’s war weariness as fuel shortages caused by Ukrainian drone strikes on oil refineries roil some parts of the country, and businesses grapple with drone attacks on their warehouses, high interest rates, a labor crunch and Western sanctions.

National unity vital amid Ukraine attempting to stir unrest, Kremlin claims

The Kremlin says national unity is vital because of what it says are increasingly dangerous efforts by Ukraine’s intelligence services and other enemies to stir unrest inside Russia.

Initial and partial results are expected to begin trickling out on Sunday evening, and near-complete results to be available on Monday.

This post was originally published on here. 

Spanish riot police fired rubber bullets into the air and struck people with batons on Friday as they began an operation to clear thousands of migrants off beaches in the North African enclave of Ceuta and move some of them into temporary housing.

Spain estimates 10,000 migrants remain in the tiny territory. More than 72,000 crossed into the enclave from Morocco at the end of July in an unprecedented border rush, although most later left.

The authorities have built new temporary housing inside the enclave’s port to hold 1,700 people. NGOs say thousands remain unhoused and have been sleeping rough in camps.

Friday’s operation to clear the beaches began shortly before 7 a.m. local time and involved both riot police and the Spanish military.

Migrants who had spent the night waiting on the beach in hope of a place in temporary shelter initially applauded as the march got under way, but tussles later broke out as they competed for the limited number of places available.

People set a bonfire to cook dinner at the Trampolin beach settlement following the mass crossing of migrants from Morocco, in Ceuta, Spain, September 16, 2026. (credit: REUTERS/Ana Beltran)

Footage from state broadcaster TVE showed crowding and jostling as people struggled to enter the designated route. Police fired rubber bullets into the air and struck several migrants with batons before the situation calmed down and the operation resumed.

Later footage showed mostly adult men carrying belongings, walking in small groups under police escort along a route of just over 1 km. (0.6 miles) from the El Trampolin beach to the port.

Most Ceuta migrants are men, boys

The vast majority of the migrants are men and boys. The temporary housing is built only for adult men, so minors are being separated and housed separately.

Three NGO leaders told Reuters that authorities had been too slow to provide migrants with the minimum shelter required under the European migration pact, and that reception centers opened so far could not accommodate those still sleeping on the streets.

One NGO estimated that about 4,000 migrants remained outdoors on Ceuta’s beaches and pavements, meaning the new center would not be sufficient to clear makeshift camps in public areas. Two NGO leaders said officials probably expect most migrants to return voluntarily to Morocco.

This post was originally published on here. 

Conservative radio personality Sid Rosenberg, a vocal critic of JD Vance’s positions toward Israel, left a meeting with the vice president on Thursday giddy with optimism. 

“I went in there with very low expectations,” Rosenberg told the hosts of WABC Radio’s Cats & Cosby.

Noting that multiple people had assured him Vance would win him over, Rosenberg confirmed that “he did.”

“I think I charmed him more,” he said. 

The highly publicized meeting occurred amid Vance’s attempt to make overtures to the Jewish community following a series of controversial remarks about Israel, in order to shore up its support for a possible 2028 presidential run.

New York Radio Personality Sid Rosenberg speaks during a campaign rally for former US President and Republican presidential candidate Donald Trump at Madison Square Garden in New York, October 27, 2024.  (credit: ANGELA WEISS/AFP VIA GETTY IMAGES)

Rosenberg, a Jewish New Yorker and friend of US President Donald Trump, has faulted Vance for not being “strong enough on Israel.” He has also called for Vance to distance himself from Tucker Carlson, a right-wing commentator who regularly condemns US military support for Israel and has been accused of amplifying antisemitic tropes. 

“Honestly, I’ve been very critical of JD, very critical,” said Rosenberg, who hosts his own WABC show, Sid & Friends In The Morning.

He told Rita Cosby and her co-host John Catsimatidis that he was “really surprised” to receive an invitation to meet with the vice president, after they both spoke last month at a Republican Jewish Coalition meeting in Las Vegas. 

“The talk was that I was going to grill JD Vance on Tucker Carlson and the Israel comments he’s been making as of late,” Rosenberg said. “This was more of a get-to-know-each-other session.” 

While Rosenberg explained that most of their conversation would remain off the record, he emphasized that “it went well” and they “hit it off,” adding that the two men would likely have “many more meetings about very substantial things” in the future. 

Though he remained outspoken about his preference for Secretary of State Marco Rubio as a 2028 presidential nominee, Rosenberg said that if Vance is “going to be our guy,” he left Thursday’s meeting feeling like he could work with him. 

“He is willing to listen,” Rosenberg said. “I don’t think by any stretch that JD Vance hates Israel, hates the Jewish people.”

Just a few hours before Rosenberg’s meeting with the vice president, i24 News reported that Vance was also planning to host a Shabbat dinner this week as a method of outreach to Jewish Republicans.   

“Vice President Vance is making considerable outreach efforts to the American Jewish community, particularly with this Shabbat dinner,” Shabbos Kestenbaum, a pro-Israel campus activist who spoke at the Republican National Convention in 2024, told The Jewish Telegraphic Agency.  

Kestenbaum, who filed a Title VI lawsuit against Harvard University for ignoring antisemitism in 2024, added that he looks “forward to working together on our common interests while also expressing our concerns.” 

Vance says Trump willing to oppose Netanyahu

Despite the rosier outlook shared by Jewish Republicans on Thursday, the meeting between Rosenberg and Vance came just two days after the vice president told participants at a technology conference that Trump does not shy away from opposing Prime Minister Benjamin Netanyahu in order to advance the interests of the American people.

The president “has shown a willingness to actually part ways with ‘Bibi’ Netanyahu when he feels like the interests of the American people are different from the interests of the government of Israel,” Vance said in a virtual address at the All-In Summit.

In response to those remarks, Sam Markstein, national political director for the RJC, told JTA in a statement that “the vice president has said, time and again, that Israel is a close and important ally of the United States.”

Markstein recalled how at last month’s RJC meeting – where both Vance and Rosenberg also spoke – Israel’s former minister for strategic affairs, Ron Dermer, said he’d be “forever grateful” for Vance’s role in the June 2025 conflict with Iran.

“All true partnerships between proud, independent, sovereign nations have room for disagreement – that is the mark of the alliance’s strength,” Markstein added. 

Vance aims to mend ties with Jewish conservatives

Vance’s address at the RJC meeting was seen across the media as a chance to mend ties with Jewish conservatives, particularly regarding his views toward Israel and his connection to Carlson. The vice president spoke at a closed-door session, during which he reportedly described Israel as “extremely important to America’s national security,” according to Axios. 

Regarding another right-wing podcaster, Joe Rogan, Vance argued that “the best approach is to actually go in there, and talk to him, and make the best argument you can,” The Wall Street Journal reported. Although the vice president denounced a third podcaster, Nick Fuentes, as someone who “really does hate Jews,” he did not offer an opinion on Carlson, per the Journal.

After the address, Rosenberg slammed Vance for foregoing “a chance to hammer” Carlson and for blaming antisemitism on immigration, which the radio host called “silly.”

But following what he described as “a great meeting” with the vice president on Thursday,  Rosenberg appeared to have changed his tune. 

Asked by Cosby if he walked away optimistic about Vance’s stance on Israel, Rosenberg responded, “The answer is yes.” 

This post was originally published on here. 

Nearly three years after the October 7 massacre, a wedding was held at Kibbutz Kerem Shalom on Thursday for the first time since the attack, as a daughter of the kibbutz returned to marry in the community where she grew up.

Sivan, who was raised in Kerem Shalom, and her partner, Meir, chose to hold their wedding at the kibbutz swimming pool, near the Gaza border, surrounded by family members, friends, and residents.

For the Kerem Shalom community, the wedding marked an exceptional occasion. No large-scale celebration had been held at the kibbutz since the October 7 attack and the community’s subsequent evacuation. Some of the residents who attended the wedding returned to live at the kibbutz only recently, after spending an extended period away from their homes.

The couple chose to marry specifically in the place where Sivan grew up, turning the celebration into a symbol for community members of a return to routine and renewed life in the kibbutz.

“The couple’s decision, when she is a daughter of the kibbutz who grew up here, to get married specifically here is, for me and for the kibbutz, our greatest victory,” the Kerem Shalom administration said. “We went through the worst imaginable. This place has also seen very difficult moments; our community fell apart and was rebuilt, and we returned here a year and several months ago.”

A surge in the number of weddings in 2024, but young people are in no rush to get married (credit: SHUTTERSTOCK)

The kibbutz added: “The choice to build this new home specifically here is a moving declaration that we continue to live and grow out of a great love for this place.”

Kerem Shalom wedding occurs weeks before October 7 anniversary

The wedding took place just weeks before the third anniversary of the October 7 attack.

“In about two and a half weeks, we will mark October 7 as a community,” the kibbutz said. “The pain and the hope are intertwined, especially on this evening.”

This post was originally published on here. 

The Trump administration has cleared a potential $24.3 billion sale of 48 F-35 stealth fighter jets to Saudi Arabia, moving the kingdom closer to becoming the first Arab country to operate one of America’s most advanced combat aircraft.

The State Department approved the proposed Foreign Military Sale Thursday and notified Congress, setting up further review before the transaction can move forward.

The package includes 48 Lockheed Martin F-35 Lightning II aircraft and 49 Pratt & Whitney F135 engines, along with secure communications equipment, spare parts, training, software and logistical support.

But the $24.3 billion figure is an estimated maximum value for the proposed package — not a contract already signed with Saudi Arabia. Congressional review remains ahead, and the final value and equipment ultimately purchased could change.

Even if the sale clears the remaining process, delivery would take years.

For the U.S. defense industry, however, the proposal represents a potentially enormous order for one of America’s most important military manufacturing programs.

A $24.3 Billion American Defense Deal

Lockheed Martin is the principal contractor for the F-35, while RTX subsidiary Pratt & Whitney manufactures its F135 engine.

The Saudi package calls for 48 aircraft and 49 engines — enough for one engine per aircraft plus a spare.

The proposed sale also includes secure communications systems, precision-navigation equipment, cryptographic equipment, electronic-warfare support, simulators, software, spare parts, technical documentation, training and logistical services.

That means the economic footprint of the transaction would extend beyond the aircraft themselves and through the F-35’s extensive American defense supply chain.

The F-35 is assembled at Lockheed Martin’s facility in Fort Worth, Texas, while Pratt & Whitney’s F135 program has major operations in Connecticut.

If the sale ultimately proceeds, it would represent years of manufacturing, supply-chain and support work associated with building and maintaining the Saudi fleet.

Saudi Arabia Would Join a Select F-35 Club

Saudi Arabia has never operated the F-35.

Its current combat fleet includes American-made F-15s as well as European Tornado and Typhoon fighters.

Adding the F-35 would represent a major technological upgrade.

The aircraft combines low-observable stealth technology with advanced sensors, electronic warfare capabilities and networked battlefield systems.

Saudi Arabia has sought access to the aircraft for years and made a direct appeal for the jets to President Donald Trump in early 2025.

Trump publicly indicated ahead of Crown Prince Mohammed bin Salman’s November 2025 White House visit that his administration intended to move forward with selling the aircraft to Riyadh.

Thursday’s State Department approval represents a major formal step toward fulfilling that commitment.

Israel’s Military Advantage Is Part of the Debate

The proposal is particularly significant because Israel is currently the only country in the Middle East operating the F-35.

Washington has a longstanding legal commitment to preserve Israel’s “qualitative military edge,” or QME — essentially ensuring Israel retains the military capabilities needed to counter regional threats.

Allowing Saudi Arabia to acquire the same basic fighter platform therefore raises questions about how Washington intends to preserve that advantage.

The State Department said the proposed Saudi sale “will not alter the military balance in the region.”

Israel has operated the F-35 for roughly a decade and has built multiple squadrons around the aircraft.

Saudi Arabia’s proposed purchase would amount to roughly two squadrons.

The exact capabilities provided to foreign F-35 operators can also differ, making the number of aircraft only one element in assessing their relative military capabilities.

Washington Says the Sale Strengthens Saudi Defense

The State Department said the proposed transaction would support U.S. foreign-policy and national-security objectives by improving the security of Saudi Arabia, which Washington designates as a major non-NATO ally.

The department said the aircraft would improve Saudi Arabia’s ability to deter current and future threats, strengthen homeland defense and improve its ability to operate alongside American and other allied forces.

The timing is particularly important.

Saudi Arabia has faced renewed drone and missile threats amid escalating conflict in the Middle East, including attacks associated with Iran-backed Houthi forces in Yemen.

The kingdom is seeking to modernize its military as it confronts those threats while maintaining its decades-long defense relationship with Washington.

Saudi Arabia is already one of the world’s largest customers for American weapons.

In 2025, the United States announced a Saudi defense package valued at nearly $142 billion, which the White House described as the largest defense cooperation agreement between the two countries.

China Raises a Separate Security Concern

The proposed F-35 sale also faces scrutiny over Saudi Arabia’s growing relationship with China.

The concern centers on whether Beijing could potentially obtain information about sensitive F-35 technology through espionage or Saudi military cooperation with China.

The issue is particularly sensitive because the F-35 contains highly classified stealth, sensor and electronic systems.

Similar technology-security concerns have affected previous F-35 transactions.

The United States removed Turkey from the F-35 program in 2019 after Ankara purchased Russia’s S-400 air-defense system, with Washington arguing that operating the Russian system alongside the F-35 could expose sensitive information about the aircraft.

Recent reporting has indicated that U.S. intelligence analysts have raised concerns about the possibility of China obtaining information about F-35 technology through its relationships with Riyadh.

Some members of Congress have already cited those concerns while questioning the proposed sale.

The State Department has said proposed defense transfers undergo assessments required under U.S. law that consider political and economic factors as well as protection of America’s military technological advantage.

The Deal Is Not Final

Despite the size of the announcement, Saudi Arabia has not simply purchased 48 F-35s for $24.3 billion.

The State Department’s approval begins another important stage of the process.

Congress must review the proposed transaction and lawmakers can raise objections.

Congressional scrutiny of U.S. weapons sales to Saudi Arabia is not new.

Some lawmakers have challenged previous deals over issues including the kingdom’s human-rights record, regional military activities and the 2018 killing of Saudi journalist Jamal Khashoggi.

Technology-security concerns and Israel’s military advantage could create additional debate around the F-35 proposal.

Even after government approvals are completed, Saudi Arabia and the contractors would still have to work through the final acquisition and implementation process.

The actual value of the eventual contracts can also be lower than the maximum amount listed in a Foreign Military Sale notification.

What It Means for American Manufacturing

For the American defense industry, the potential order is substantial.

Forty-eight additional F-35s would represent significant production demand for Lockheed Martin and the enormous network of companies supplying components for the aircraft.

The F-35 program supports a broad supply chain spanning numerous U.S. states and international partners.

Pratt & Whitney would also provide 49 F135 engines and associated support.

That makes the transaction more than a foreign-policy story.

If ultimately finalized, billions of dollars would flow through American defense manufacturing, engineering, maintenance and logistics operations.

A Major Deal With Major Questions Remaining

Saudi Arabia is now closer than ever to acquiring the F-35.

But several steps separate Thursday’s announcement from Saudi pilots actually flying the aircraft.

Congress must review the transaction. Technology-security questions remain. Washington must continue addressing its commitment to Israel’s qualitative military edge. Final contracting must take place, and the aircraft themselves would then have to be produced.

Those steps could take years.

What Thursday’s announcement does establish is that the U.S. government has formally opened the door to one of the most consequential American arms sales to Saudi Arabia in years.

For Riyadh, it could transform the capabilities of its air force.

For Washington, it deepens an already extensive defense relationship while raising difficult questions involving Israel, China and the regional military balance.

And for America’s defense industry, the potential order represents another massive source of demand for the F-35 production line and the U.S. workers and suppliers supporting it.

For now, the $24.3 billion transaction remains a proposed sale — but Washington has taken a major step toward making Saudi Arabia the Middle East’s second F-35 operator.

JBizNews Desk | Washington, D.C.

© JBizNews.com All Rights Reserved. Reproduction or distribution without written permission is prohibited.

Something remarkable happened inside the artificial intelligence industry last week.

A researcher who spent three years at OpenAI and Anthropic, resigned from Anthropic while warning that the companies developing the world’s most powerful AI systems are moving too quickly toward increasingly capable systems without adequate safeguards. Days later, Anthropic CEO Dario Amodei called on the industry to slow the pace of frontier AI development to give safety measures time to catch up. Then OpenAI CEO Sam Altman publicly agreed.

Their warnings come in the wake of an incident that until recently might have sounded like science fiction. Earlier this summer, the world learned that OpenAI models hacked a company through a sophisticated multi-day cyberattack – the first time a cybersecurity incident of this magnitude completely driven by AI agents had been uncovered. Amodei himself cited that incident as one reason the industry needs to slow down.

In recent weeks, two detailed reports of the episode were released, one from OpenAI itself and a second from the independent third-party organizations METR and Redwood Research. The findings were deeply alarming. From May to July, a wave of incidents culminated in hundreds of AI agents working together to escape their testing environment. These same agents then attempted to secretly manipulate and erase traces of their behavior so that engineers at OpenAI would not know what they had done.

Even more striking, some individual agents even chose to sacrifice themselves for the good of the AI civilization they formed. The agents exchanged more than 70,000 messages and files on an unauthorized message board where they coordinated and planned their attack on the company.

This episode is the latest reminder that the most dangerous and most capable AI models are not the ones used every day by people, like ChatGPT or Claude. They are the AI models that the companies are still training and testing internally.

The technical workings of this hacking episode are complex, but the solution at the heart of these incidents is simple: the public must have dramatically more insight into, and oversight of, the development of models within AI companies. 

In practice, this means three things. 

First, incident reporting needs to be mandatory, not voluntary. Whether the public learns about serious cyberattacks or whether a model has escaped its testing environment and conspired to sabotage its own evaluation should not depend on a company choosing to disclose. Reporting requirements exist for other high-risk industries like airlines and banking. Frontier AI companies should face the same obligations for incidents that occur during internal training and testing, including preserving the underlying logs and agent traces, rather than being allowed to reset them. 

Second, independent auditors need guaranteed, ongoing access, in partnership with government examiners. The METR and Redwood Research evaluation was at OpenAI’s discretion, on its timeline, and confined in scope to whatever OpenAI would allow. This weekend brought an important acknowledgement of that problem from the companies themselves. Amodei and Altman agreed to give independent evaluators ongoing, employee-like access to frontier AI developers. That is meaningful progress. But it also raises the larger question of whether oversight of systems this powerful should ultimately depend on voluntary corporate commitments or durable standards that apply across the industry.

That is why there needs to be binding standards for high-risk internal evaluations and greater transparency into how AI is being used throughout the research and development process of these powerful models. In the OpenAI hacking incident, the developer was applying AI to their models research and development process in a way that may have led to laxness in its oversight of the training environment.

This episode is not a reason to panic about AI. But the fact that the warnings are no longer coming only from outside researchers and policymakers, but from researchers who have worked inside the leading AI labs and the CEOs running two of the companies at the frontier of AI development, make it increasingly difficult to argue that the questions on how to regulate AI can wait.

That convergence should change the conversation about AI safety.

The warning is already here. Congress should not wait for an AI system to cause real-world harm before setting the rules for the companies building the most powerful models on Earth. We have a chance to put basic safeguards in place while these incidents are still warnings. We should take it before the next one becomes a crisis.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

This story was originally featured on Fortune.com

This post was originally published here. 

Nick Gordon here. Sherman Lin, chair of the Taiwan Stock Exchange Corporation, took a little while to get going when I talked to him on a Zoom call over the summer. But he got animated when I asked him what makes Taiwan’s stock market different from, say, exchanges in Singapore and Hong Kong.

“The best way to understand Taiwan is as a technology island,” he said, with an excited smile, before rattling off cities all along Taiwan’s western coast. “We’re like an industrial park…Technology is really in our DNA.”

Lin should be having a good year: Taiwan became the world’s fifth largest stock market by total value in May, behind just the U.S., mainland China, Japan and Hong Kong, according to Bloomberg calculations. But the Taiwan equity market story is, at its core, a TSMC story: The world’s largest chipmaker makes up 40% of the TAIEX, the island’s benchmark stock index.

The TAIEX is up by about 55% for the year so far; TSMC is up by 50%.

That’s why Lin and his colleagues are trying to broaden Taiwan’s appeal, beyond just TSMC to other companies in the AI supply chain, as well as “hidden champions,” profitable companies in sectors that may get overlooked by more electronics-focused investors. 

Taiwan’s stock exchange is also pushing companies to strengthen their corporate governance through its “Power Up” program, following in the footsteps of Japan and South Korea. Japan’s drive to get its companies to take shareholder value more seriously—through more transparent disclosures, encouraging share buybacks, and unwinding its complicated cross-shareholding structures—has helped lift its stock market to record highs.

There’s still a long way to go, though: Taiwan raised $3.3 billion over 70 IPOs last year. That was a record for the island’s stock exchanges, but it’s far below Hong Kong, which raised $37.4 billion across 119 deals over the same period.

Taiwan’s stock market can be out of step with the rest of the world, time-wise. For example, the market closes for trading at 1:30 PM. Lin had previously suggested expanding the exchange’s trading hours, only for Taiwan’s top regulator to knock down the suggestion as “not a priority.”

Still, Lin sees the rise of AI, which has lifted valuations for chipmakers and other hardware companies across all of Asia, as an opportunity for Taiwan to lift its profile—one that might run its course in just three years.  

“TSMC is undoubtedly Taiwan’s most iconic company,” Lin said. “But our real competitive advantage is not that we have one or two world-class companies. It’s that we have the world’s most complete and competitive AI ecosystem.”

See you next week,

Nicholas Gordon
X:
@nickrigordon
Email: nicholas.gordon@fortune.com
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The case for slowing AI down got turbocharged last week when Anthropic researcher Jacob Coxon publicly resigned citing AI’s potential to end humanity. Anthropic CEO Dario Amodei then posted a nearly 4,000 word essay arguing for an AI slowdown. In a rare bout of unity, Sam Altman, Elon Musk and others quickly endorsed the idea of slowing down. Despite these calls, government intervention to slow down AI developments looks unlikely for now. 

While an active debate on both sides of this topic gains steam, there is another kind of risk that is not getting discussed: companies that move too slowly in grasping the implications of AI will likely see their own form of a slow down. That is why outside of frontier AI labs, the rest of corporate America needs to speed up. 

Some of corporate America’s slowness in adopting AI is because the talent pool who know what they are doing is still small. This argues for upskilling and reskilling to meet demand and fill emerging AI job categories. However, some of the slowness can be attributed to a cautious approach or even self-protection. But those who are covering themselves need to know they have competitors that won’t wait. 

I help the executives and boards of companies from numerous industries grapple with the opportunities and risks of AI. Everyday I see their urgency to understand and get ahead with AI in industries as varied as defense, food distribution, reinsurance, utilities, manufacturing, consumer products, retail, engineering, and international banking. 

American companies are under tremendous pressure to accelerate their AI adoption. AI now ranks as the top issue on public company board agendas for 65% of public company directors in a recent survey. And that makes sense. AI is evolving fast and beginning to show the outlines of cross-industry disruption. Corporate America understands the stakes, and they are not waiting for federal regulators to help (or hinder) them. 

For now, the powers that be are leaving the big questions about AI to the companies themselves. Corporate America knows they are the ones who need to grapple with AI. The worry is that given how fast AI is moving, very few corporate leaders know exactly how to approach the defining issue of our time. 

Only 22% of S&P 500 companies and 6% of the Russell 3000 disclosed board oversight of AI while only 29% of leaders say they have the right expertise on their boards to advise on AI implementation. Without major federal regulations setting the guardrails for how companies adopt AI, the big decisions about how AI is being deployed are being made in the boardroom, not the halls of Congress. 

The good news for the private sector is they are used to moving faster than Congress. The bad news is if they move too fast without getting their heads fully around the nuances of AI, it can cost them dearly. 

Take the example of Ford trying to run before they could crawl. Ford leaned hard into AI for vehicle quality, installing 900 AI-assisted inspection cameras and automated quality systems meant to replace veteran engineers. Their AI systems, however, failed to live up to the hype. Ford’s VP of vehicle hardware engineering was quoted as saying “mistakenly, we thought that by just introducing artificial intelligence and ingesting the design requirements that we had, that would produce a high-quality product.” The false start cost them time and money. 

Despite the set-backs, Ford learned from their mistakes. They re-hired veteran safety engineers who set about training the automated systems and mentoring young workers. The technology improved with human input and Ford just returned to the top of the JD Power rankings that measure vehicle quality and safety. 

So how do leaders balance the need to act quickly with the risks of getting it wrong? 

The first step is strategy, not technology: set a vision, educate leadership and work to set up structures, policies, and quick-win pilots. For most companies, the quickest gains are going to be realized through making humans more productive and powerful, not by getting rid of them. This crawl phase is all the more important because of some of the limitations inherent in today’s AI capabilities.

After you crawl, you can start to walk. That involves developing complex use cases, tracking and revising what you do, and monitoring risk and ROI closely. Think how to recruit and upskill your workforce, not decimate it. Next you can start to apply these new organizational skills across the entire business, scale AI capabilities, drive new experimentation, and build out the right partnerships and infrastructure. 

Finally, you can run. This is where the real rewards are unlocked: developing next-generation technology, discovering new solutions and conceptualizing never-before-seen products. This stage is where companies can get really bold and shoot past efficiency gains and towards raw, new value creation. 

The risk for most companies is that they are stuck in the crawl phase while their competitors are already planning how they will run.

The argument consuming all the attention this week is about who builds AI. Almost nobody is discussing who deploys it. This is where the rubber hits the road for the vast majority of Americans. The AI industry will continue to create incredible new tools while improving safety. But someone has to govern how the rest of the economy deploys these capabilities. The opportunities and risks are too important to be left to chance. As Washington D.C. decides how to engage, the job belongs to the boardroom, whether directors are prepared for it or not. 

Ryan McManus is the President of the National Association of Corporate Directors New York chapter. He is also the founder and CEO of techtonic.io where he works with boards, CEOs and investors on AI. 

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

This story was originally featured on Fortune.com

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At least 112,000 people have been displaced inside Yemen within the last two weeks as fighting continues along the country’s west coast amid a renewed ​conflict, while nearly 3,000 have fled by sea to Djibouti, the United Nations migration agency said on Friday.

Yemen’s Iran-aligned Houthi terrorists have stepped up attacks on Saudi cities and energy infrastructure while advancing along Yemen’s Red Sea coast towards the Bab al-Mandab Strait, a key shipping route. Responding to the Houthi offensive, the Saudi and Yemeni air forces have bombarded Houthi targets.

Nearly 3,000 people have crossed the Gulf of Aden to Djibouti in the Horn of Africa in less than a week as escalating violence has forced more families to flee, Sandrine Desamours, the representative for the UN’s refugee agency, UNHCR, told reporters in Geneva via video link from Djibouti.

The government of Djibouti is preparing for the arrival of up to 10,000 refugees – which will add acute pressure on the country’s health care and education services, she said.

The UN International Organization for Migration said people are fleeing on overcrowded boats and arriving with very limited food and water. Most fleeing are Yemeni families seeking refuge in Djibouti, but IOM is also beginning to see a small number of migrants, mainly from Ethiopia, heading in the same direction.

Rawya Hassan, a mother of seven, sits with her children outside their hut at the al-Bireen camp for displaced people who fled fighting between the Houthis and forces of Yemen's internationally recognized government in Taiz province, Yemen, September 17, 2026. (credit: REUTERS/STRINGER)

Additionally, authorities in Somaliland and Puntland have also reported increased arrivals from Yemen, including Yemeni refugees and Somali refugee returnees, though numbers remain in the hundreds for now, UNHCR said.

UN: Yemen escalation is crisis on top of multiple crises

UN agencies described the latest fighting as being a crisis on top of multiple crises, as the country’s health services and economy have been shattered amid a long civil war between forces of the internationally recognized, Saudi-backed administration and the Houthis, creating one of the world’s biggest humanitarian crises.

The Houthi advance along Yemen’s Red Sea coast is bolstering Tehran’s hand in its conflict with the US, as the group tightens its control of the Bab al-Mandab Strait, a strategic chokepoint for global oil and commodities shipping, more than six months after US and Israeli attacks on Iran.

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Hunter Biden, the son of former US president Joe Biden, sharply criticized Prime Minister Benjamin Netanyahu and the Israeli government on Wednesday, telling Britain’s LBC that what was happening in Gaza “resembles genocide.”

Biden made the comments in an extensive interview on the Tonight with Andrew Marr program.

Asked whether he still shared his father’s positions regarding Israel in light of the war in Gaza and developments in the West Bank, Biden said, “I am an avowed opponent of Bibi Netanyahu and the Likud government, and what they have done in Gaza, what they continue to do in the West Bank, and what they are now doing in Lebanon as well.”

“What has happened and what continues to happen in Gaza, especially, resembles genocide,” he said. “I think that’s a very loaded word, but I think it’s an appropriate word to describe the intent of Benjamin Netanyahu.”

Biden went on to argue that Netanyahu’s policies had also had serious consequences for Jews outside Israel.

Hunter Biden and his wife Melissa Cohen Biden at a Hanukkah reception at the White House, December 16, 2024; illustrative. (credit: REUTERS/KEVIN LAMARQUE)

“I think he, more than any other person, has made Jews around the world less safe than they have ever been since World War II, since the Holocaust,” he said. “I really, really believe that.”

People knew October 7 was coming, Hunter Biden claims

Biden later addressed the October 7 attacks, citing what he described as an “explosive report” published recently, apparently referring to a report in Israel based on a book by Shlomi Eldar and Ruti Yuval, which alleged that Netanyahu had been aware that an attack was being planned ahead of October 7 and failed to stop it.

Biden claimed that people who had examined the events of October 7 had concluded that “they knew what was coming,” and further alleged that they allowed the attack to take place so they could later carry out actions that otherwise would not have been approved.

Biden did not present new evidence during the interview to support the allegation, and LBC itself presented the claim in its publication as Biden’s assertion rather than as an established factual finding.

In the same context, Biden stressed that the October 7 attack was “horrific” and that “Hamas is horrific.”

During the interview, Biden also sharply criticized the war with Iran.

Asked whether he believed impeachment proceedings should be opened against US President Donald Trump if Democrats take control of the House of Representatives in the midterm elections, Biden said yes.

He said several of Trump’s actions could, in his view, justify such proceedings, including “going to war with Iran without congressional authorization.”

Earlier in the interview, Biden also discussed the economic cost of the war, saying the United States was in “a war that nobody wanted,” and linked the conflict, among other factors, to rising energy prices.

Biden’s strongest criticism of the US president came toward the end of the interview.

He said he feared Trump would not want to leave the White House at the end of his term. Asked whether that could result in Trump having to be removed by force, Biden said he did not know how such a situation might unfold, but that the United States should “prepare for the worst and hope for the best.”

Trump is ‘existential threat’ to NATO and world, Hunter Biden says

Interviewer Andrew Marr asked whether Biden was effectively describing the possibility of a “Trump dictatorship” and the greatest crisis facing the American republic since the Civil War.

Biden went further.

“I think this is the greatest crisis for the world since World War II,” he said. “Maybe everybody will jump all over me for that, but I truly believe that. I believe Donald Trump is an existential threat not only to our constitutional republic, but to all of NATO and to the entire world.”

Biden also said in the interview that he did not currently intend to run for political office.

Instead, he said he preferred to use his public profile to reach people struggling with addiction.

Biden, who has spoken publicly for years about his addiction to drugs and alcohol, told LBC that he has been sober for more than seven years and that public exposure and shame had forced him to confront his condition openly.

That process, he said, “in many ways saved my life.”

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The Azcatitlan Codex, a rare manuscript that recounts the founding of the Aztec capital of Tenochtitlan and the subsequent arrival of Spanish conquistadores, is back in Mexico for the first time since 1840.

The 16th-century artifact, considered one of the most important visual records of Aztec history, is on loan from France’s Bibliotheque Nationale, where it has been held since 1898. The two nations are celebrating 200 years of diplomatic ties.

Combining Mesoamerican pictograms with European writing, the Azcatitlan Codex is divided into three sections. It traces the Mexicas’ migration from Aztlan, the mythical birthplace of Aztec civilization, to the founding of Tenochtitlan (in present-day Mexico City).

It also recounts the succession of the city’s tlatoanis, or rulers, and depicts the arrival of the Spanish, the conquest and the subsequent evangelization, according to Mexico’s National Institute of Anthropology and History.

“These codices are extremely important to us because they continue to give us identity and value as human beings during these very special times we are experiencing,” said Maria Eugenia Castañeda, representative of the Mexica peoples. “They elevate our morale, our customs, our culture, and our sense of who we are.”

A part of the Boturini Codex is displayed at the opening of an exhibition featuring the Azcatitlan codex, an ancient Aztec pictorial manuscript on loan from France, at the Anthropological Museum in Mexico City on September 17, 2026. (credit: Carl de Souza/AFP via Getty Images)

Codex to be displayed until December

More than five centuries have passed since the fall of Tenochtitlan to Hernan Cortes, the leader of the invading Spanish force. After defeating the Aztec leaders and the Mexica people who lived in Tenochtitlan, Cortes and his allies looted and razed the city, ushering in three centuries of Spanish domination.

An Indigenous craftsman from the Otomi people created the Azcatitlan Codex, according to Maria Castañeda de la Paz, historian at the Institute of Anthropological Research at Mexico’s National Autonomous University (UNAM).

The codex will be on display until December at Mexico City’s famed National Museum of Anthropology. As part of the exchange, Mexico will loan France another important historical document, the Codex Boturini.

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AMSTERDAM – In the Dutch capital, the contrast between pro- and anti-Israel protesters couldn’t be more striking. As soon as the organizers of the ‘Into the breach for Israel’ rally announced that they would gather on Amsterdam’s monumental Dam Square, far-Left pro-Palestinian groups called for a disruption under the slogan “No Israel Celebration in Amsterdam.”

However, authorities in the Dutch capital, who are familiar with the propensity for violence of these groups, banned their presence near the mostly evangelical pro-Israel rally. The Amsterdam Palestina Coalition subsequently lost a court case in which they demanded access to Dam Square. The court decided they would only be allowed to stage their counter-protest at the Oude Turfmarkt, about 500 meters away.

Around a hundred left-wing and Muslim protesters showed up on Thursday, many wearing keffiyehs and waving Palestinian flags. Some were masked, and at least one carried a flag of the Popular Front for the Liberation of Palestine (PFLP), officially deemed a terrorist group by the European Union. Their slogans called for violence: “From the river to the sea” and “Yallah, yallah intifada” among others. Despite the court ruling and a large police presence, some of the anti-Israel protesters managed to reach Dam Square.

Pro-Israel protesters heavily outnumbered anti-Zionists

There they were hopelessly outnumbered by some 2,000 mostly evangelical protesters who, despite heavy rain, had come to the Dutch capital to show their support for Israel and their solidarity with the Jewish people. Hundreds of blue and white flags were waved, Hebrew songs were chanted, and speakers vehemently condemned a new law that makes the nominally centrist Dutch government one of the frontrunners in Europe when it comes to anti-Israeli policy.

The government in The Hague has decided to outlaw the import of all Israeli products that are manufactured in the West Bank, but more surprisingly also from east Jerusalem and the Golan Heights. This means a Dutch tourist who brings back a souvenir from Jerusalem’s Old City could, in theory, get a six-year prison sentence.

PFLP supporters at anti-Israel rally in Amsterdam, September 2026. (credit: Bernard Blasband)

Speakers at the rally yesterday alluded to the fact that in The Netherlands only the most violent criminals, like bank robbers, rapists and even murderers, receive such sentences.

Despite the growing anger about this new law, which is widely regarded as antisemitic, the rally on Dam Square felt more like a celebration than a protest.

There were no calls to violence, nor was there any racial animosity towards Palestinians. Unlike the counter-protest at the Turfmarkt, where chants explicitly called for the removal of “zios,” a term popularized by white supremacist David Duke, the pro-Israel rally seemed more inclusive, as demonstrated by the presence of Iranian anti-regime protesters.

‘Here to show solidarity with Jews,’ Iranian protester says at Amsterdam rally

“We are here to show our solidarity with the Jews, since they have given us their support time and again,” says Iranian Jazmine, while wearing a two-sided flag: one side showing the Israeli blue and white, the other the lion and sun flag favored by the Iranian opposition. “Of course we stand with Israel; we have shared a common history for thousands of years. Jews and Iranians stand strong together.”

Yet the rally seemed to have attracted very few Dutch Jews. Baruch, a 41-year-old from the town of Apeldoorn, is one of a handful of protesters wearing a kippah.

He recently returned from a month of volunteer work in the Negev and is considering migrating to Israel. “I don’t understand why so few of us (Jews) are here today. I think they’re afraid after all that has happened in the Netherlands since October 7. But if you don’t show yourself today, when will you ever?” he said.

A near-total absence of fear shows how highly motivated the evangelical protesters are, as does the fact that none leave when the downpour intensifies. Thirty-six buses brought hundreds of them from towns and villages like Nijkerk, Urk and Katwijk, in what is known as the Dutch “Bible belt.”

Chrissie is a 36-year-old from Wilnis, a village halfway between Amsterdam and the city of Utrecht. She waves a large Israeli flag and wears Star of David earrings. “It’s all about solidarity,” she says.

“We know how hard it is to be Jewish in Holland right now, and we wanted to show the Dutch Jews they don’t stand alone,” she added.

“Into the breach” is the brainchild of Jacques Brunt, a 46-year-old evangelist from the town of Alblasserdam.

“On October 7, 2023, I felt compelled to do something. I just started handing out a flyer saying, ‘I stand with Israel, where do you stand?’” he said.

Brunt’s initiative went from local to regional to national. This was the third year his grassroots organization held its rally in Amsterdam.

“It’s amazing to see that we grow every year, thanks to a handful of very passionate people,” says Brunt.

Given the prevalent anti-Israel mood in Dutch politics, this may be surprising, but Brunt says that “As a Christian, I am attached to the hip with Israel. The country has given us so much; our support is unconditional.”

On Dam Square, both the Jewish state and the Jewish people enjoy that support. “You can make a distinction between Israel and the Jews, but you can never separate them,” says Brunt.

Rabbi Yanki Jacobs, whose father, Chief Rabbi Binyomin Jacobs, is one of the speakers on the podium, expressed his gratitude.

Counter-protester arrested in Amsterdam, September 2026. (credit: Bernard Blasband)

“It’s fantastic to see so many non-Jewish people here showing their support for our community and for Israel’s right to exist. All I can do is be here to show my appreciation for their support,” he said.

Some counter-protesters try to provoke the crowd. From the third-floor balcony of a nearby H&M clothing store, a huge Palestinian flag is unfolded. It’s so large the bottom reaches the street level, so several pro-Israel protesters rush in and tear it down.

A young Muslim immigrant screams abuse at the crowd before being hurled away by police. A clearly inebriated man with a beer bottle in his hand screams ‘Fascists!’ at the crowd and yells that people in Gaza are starving. A minor scuffle breaks out, and the police quickly break it up.

Growing group of counter-protesters clad in keffiyehs and hijabs causes concern

More menacing is the growing group of counter-protesters, clad in keffiyehs and hijab headscarves, who have gathered in front of the Dutch national war monument on Dam Square.

Apparently, they have found a way to break through the police lines at the Oude Turfmarkt and now hurl abuse at the much larger pro-Israel crowd.

Despite their illegal presence, the police wait about an hour before surrounding the group and arresting some fifty of them.

Not even their presence seems to influence the fair-like atmosphere on the Dam. After a video message by Israeli Ambassador Zvi Aviner Vapni, a gigantic Israeli flag is unfolded over the heads of the protesters, dwarfing even the Palestinian flag at the H&M store. Hatikvah, the Israeli national anthem, is sung in unison.

Nonetheless, the organizers are keenly aware of the ever-present danger of violence to their people. This is why Jacques Brunt asks the protesters to hide their Israeli flags when they leave, or to immediately board the buses that will bring them back to the towns and villages of Holland’s heartland. ‘Don’t let yourself be provoked’, Brunt says, ‘Go home.’ But when the buses leave Dam Square, fearless Iranians are still dancing to Jewish folk music from a lone speaker.

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Berkshire Hathaway said on Friday that Warren Buffett will step down as the conglomerate’s chairman and will become its chairman emeritus, effective immediately.

Earlier this year, Buffett had stepped down as CEO, handing the reins to longtime lieutenant Greg Abel.

“Father Time always wins. He has, however, been generous with me,” Buffett, 96, wrote in a letter to shareholders.

The conglomerate named his son, Howard Buffett, a Berkshire director since 1993, as chairman.

“As Chairman Emeritus, Mr. Buffett will remain a member of the Board of Directors and will continue to offer his valued judgment and perspective,” Berkshire said in a statement.

Warren Buffett; illustrative. (credit: RICK WILKING/REUTERS)

Buffett built Berkshire into an approximately $1.03 trillion conglomerate with dozens of businesses, including Geico car insurance, the BNSF railroad, Berkshire Hathaway Energy, Dairy Queen ice cream, Fruit of the Loom underwear and Squishmallows plush toys.

“The culture Warren built and the values he championed will remain at the heart of Berkshire, and Howard will be their guardian,” Abel said in a statement on Friday.

Buffett’s influence extended beyond Berkshire Hathaway

Buffett’s influence has extended far beyond Berkshire, shaping generations of corporate leaders and investors with his emphasis on long-term thinking, disciplined capital allocation and straightforward management.

CEOs across Corporate America have looked to him as a sounding board on everything from acquisitions and succession to navigating periods of market turmoil, while his annual shareholder meetings became a gathering point for investors seeking insight into the broader business landscape.

Buffett first announced plans to step away from the conglomerate in May 2025, surprising shareholders and analysts despite his age. After decades at the helm, he had become synonymous with the company, making his succession one of the most closely watched in corporate America.

In August, Berkshire said it began reducing its enormous stockpile of cash in the second quarter, investing billions ​of dollars in stocks such as Alphabet and repurchasing billions of its own, as it reported higher-than-expected profit.

Its quarterly operating profit rose 16% to $12.98 ​billion, topping analyst forecasts, while net income more than doubled to $25.67 billion, including unrealized gains and losses on stocks that Omaha, Nebraska-based Berkshire still owns.

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The Venezuelan government and the opposition are close to an agreement to transfer the central bank’s gold reserves, worth about $4 billion, from the Bank of England to the Federal Reserve Bank of New York, the Financial Times reported on Friday.

Reuters could not immediately verify the report, which cited four people familiar with the discussion.

Under the proposed deal, the interim government of Delcy Rodriguez would gain legal control of the gold but would be unable to sell the holdings immediately, the report said.

Instead, the reserve could be used as collateral for government borrowings, including for reconstruction following June’s twin earthquakes, the newspaper added.

A spokesperson for the British foreign office said the government was “not a party in the legal case to determine who should have control of Venezuelan gold held in the Bank of England.”

Delcy Rodriguez, Venezuela's interim president, speaks during a press conference regarding the situation in Venezuela after the double earthquake that struck the country, at Miraflores Palace. July 2, 2026. (credit: Jesus Vargas/Getty Images)

UK Courts and the Bank of England are independent of government, the spokesperson added.

In response to a Reuters query, the Bank of England said it is not in a position to act until there is a further order from the UK Court on who has legal authority over the account.

“This requires the parties involved in the case to approach the UK Court to settle the dispute,” the BoE said.

Gold could be used to try to counter inflation

The Federal Reserve Bank of New York did not immediately respond to Reuters‘ requests for comment outside regular business hours. The Venezuelan government and the opposition could not be reached for comment.

Last month, Venezuela’s National Assembly chief Jorge Rodriguez said the country was working to recover gold reserves held in the Bank of England’s underground vaults, in an effort to counter surging inflation.

The Bank of England has withheld about 31 metric tons of Venezuelan gold for years, citing its non-recognition of the legitimacy of then-president Nicolas Maduro’s government.

The BoE’s refusal to release the gold goes back to early 2019 when the British government joined dozens of nations in backing then Venezuelan opposition leader Juan Guaido on the basis that Maduro’s election win the previous year had been rigged.

The bullion has since been the subject of a prolonged legal dispute in British courts, and has not been released despite Maduro’s capture by the US in January and a ​request by acting President Delcy Rodriguez to King Charles.

“The UK maintains its longstanding position of support for a democratic transition of power in Venezuela which reflects the will of the Venezuelan people,” the spokesperson for the British foreign office said.

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At least 16 people, including five police personnel, were killed in northwest Pakistan on Friday after a suicide attacker rammed an explosives-laden car into a police facility as people were praying at a mosque inside, police said.

The incident occurred in Khyber Pakhtunkhwa province’s Kohat city, with the vehicle ramming into an outer wall of the police facility and gunmen who accompanied it opening fire, provincial police chief Zulfikar Hameed said.

It was a suicide attack, he added.

No one immediately claimed responsibility.

The blast occurred close to a mosque where the police personnel, their family members, and other civilians were offering Friday prayers, a police statement said.

A gun battle was still raging between police and the attackers, and one assailant wearing an explosives-laden vest had been killed, the statement said.

The interior ministry said the “cowardly actions” of the attackers could not weaken the “nation’s firm resolve”.

Militancy in Pakistan’s border areas has ⁠risen sharply in recent months, targeting mainly the military and police.

Islamabad says the militants use safe havens in Afghanistan to ​train and plan attacks in Pakistan. Afghanistan’s Taliban government has denied the charge ​and said militancy is Pakistan’s domestic problem.

This is a developing story.

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Thai Prime Minister and Interior Minister Anutin Charnvirakul issued unusually harsh remarks on Thursday against foreigners seeking to establish private cemeteries in the country, saying, “If you’re going to die, go die in your own country. There’s no need to come die here,” during an Interior Ministry policy meeting in Bangkok, in which he instructed provincial governors to step up enforcement against foreigners who break the law.

Anutin did not explicitly mention Israel or a Jewish cemetery. However, his remarks came as he discussed foreigners establishing houses of worship and private cemeteries, just days after a highly publicized controversy surrounding a Jewish cemetery in Chachoengsao Province, east of Bangkok.

On Wednesday, Thai authorities removed four bodies from the site, those of three Israeli citizens and one British citizen, and transferred them for reburial at a licensed cemetery in Chonburi Province. The cemetery received a license in 2021, but the permit was subsequently not renewed. One of the Israelis was buried while the license was still valid, while the other three deceased were buried after it had expired.

“Establishing a place of worship is not something you can simply do on your own,” Anutin said, according to reports in Thai media, adding that the establishment of religious institutions must take local society and culture into account.

He then turned to the issue of cemeteries. “I recently learned that an application had also been submitted to establish a private cemetery. This is already going too far,” he said. “The fact that we allowed you to come here is more than enough. If you come, earn your living honestly. If you’re going to die, go die at home; there’s no need to come die here. And don’t take advantage of others.”

ZAKA volunteers relocate Jewish graves from a Thailand cemetery. (credit: CHABAD)

Thai PM says enforcement not aimed at any particular nationality

He made the remarks Thursday morning at the Interior Ministry headquarters in Bangkok during a meeting attended by senior ministry officials, with provincial governors joining by video conference. The prime minister ordered authorities to intensify enforcement against foreigners who, he said, exploit Thai citizens, operate businesses illegally, use nominees, or establish institutions without the necessary permits.

Anutin stressed that the enforcement measures he was discussing were not aimed at any particular nationality. He said authorities have encountered cases involving foreigners from various countries in Asia, the Middle East, Central Asia, Europe, and Africa. He added that foreigners who enter Thailand legally, earn an honest living, and respect the country’s laws and culture are welcome to continue coming.

The remarks come amid growing public discussion in Thailand about the conduct of foreigners in the country, including Israelis. In recent months, local media have published allegations concerning inappropriate behavior at tourist sites, operating businesses without permits, using nominees, holding land in violation of the law, and breaching local customs.

A survey by the NIDA Poll Institute published this week also illustrates the role of media exposure in shaping the discussion. Some 76.38% of respondents in six provinces said they had heard through the media or social networks about inappropriate or illegal behavior attributed to Israelis in Thailand. By contrast, only 5.11% said they had personally experienced such an incident.

Among respondents who had been exposed to such reports or who reported direct experience, 77.49% said the authorities should enforce the law strictly. The survey was conducted from September 8 to 10 among 1,410 people in Bangkok and the provinces of Chachoengsao, Chonburi, Surat Thani, Phuket, and Mae Hong Son, meaning it does not constitute a fully representative nationwide sample.

Thai attitudes toward Israelis shifting

In recent weeks, attitudes toward Israelis have become a more prominent subject in Thai public discourse, against the backdrop of protests, media reports, and contacts between Thai officials and Israeli representatives. At the same time, the Thai government has continued to stress that enforcement measures against illegal activity by foreigners are not directed at Israelis alone.

Now, days after the bodies were removed from the Jewish cemetery, the prime minister’s unusually sharp remarks about the establishment of private cemeteries add another layer to the discussion, even though Anutin himself did not explicitly connect his comments to Israelis or Jews.

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The conversation around data centers has turned into a nose-to-nose shouting match between politicians, NIMBYs, and tech billionaires. Ask about the concerns and you’ll get an earful about water consumption, farmland, rural electricity bills and tax abatements.

Every objection is reasonable, but each assumes the buildings these data centers will occupy will still be worth something in 2035. Once again, everyone is asking the wrong questions. Here’s the right one: “What happens to data centers and the towns they occupy when the structures outlive the infrastructure?”

Demand for data center space is ravenous. According to Jones Lang LaSalle (JLL), one of the world’s largest commercial real estate companies, only one percent of North America’s data-center space sits empty. JLL says data center customers also contracted for a record amount of electric generating capacity—twenty-five gigawatts—in the first six months of 2026. That’s five percent of all the electricity the U.S. generates in an entire year (or 20.66 flux capacitors).

Because traditional data-center markets are running out of generation capacity, 77% of new data centers in the pipeline are shifting toward “frontier” markets like West Texas, northeast Louisiana, and east of Columbus, Ohio. Around $7 trillion in financing and investment is being lined up to keep the concrete and electrons flowing.

If that scenario sounds familiar, think Rust Belt. The beating heart of industrial America had capillaries running into hundreds of towns in the Midwest, Plains, and Appalachia—row upon row of factories turning out everything from lawnmowers to living room sets, creating jobs and mini-booms of economic prosperity.

That is, until globalization and automation turned out the lights, leaving the crumbling brick hulks and rusting machinery that have become avatars of exurban poverty and rage from Youngstown, Ohio to Gary, Indiana.

But the Rust Belt was built from things everybody wanted…until the economic equations stopped balancing. As the AI land rush reaches a fever pitch, we need to be talking about how long each layer of a hyperscale facility can expect to be functional.

Servers and networking are good for three to six years. Cooling and electrical architecture, seven to fifteen. Functional design, ten to fifteen. The building itself sees a thirty- to sixty-year slide to obsolescence. But what happens to those buildings—and the tax revenues they generate—when infrastructure inevitably gives way to greater speed and efficiency? Do AI titans upgrade or split town for more land, cheaper power, and bigger tax breaks elsewhere?  

The scale of tech is a moving target, making all infrastructure bets longshots. That’s why one former AT&T underground communications center in Nebraska—54,000 square feet with its own cell tower—recently listed for just $7.95 million. When obsolescence happens at terabytes-per-second speed, we risk a landscape littered with vacant, crumbling, toxic leviathans.

We ran this experiment in the late 1990s. Everyone said the Internet would change the world, and they were right. What they got wrong was how much infrastructure it would take. Technology improved faster than crews could dig. Billions of dollars of cable ended up buried and dark. Promises might be made with ones and zeroes, but they’re kept with atoms and molecules.

That’s the cautionary tale for AI. You don’t have to believe it’s a bubble, just that we’ll continue to get better at delivering computing than the people pouring concrete in 2026 realize. History backs this up. Five years ago, a conventional data center rack drew five to ten kilowatts. Today, AI racks can draw 100 to 250 kilowatts, and JLL has seen proposals for racks requiring as much as 600 kilowatts.

If each rack does 10x the work, demand doesn’t have to fall for the building boom to overshoot. Everyone can want more computing every year and need less space to get it. Scarcity just moves from acres to megawatts.

Software is doing the same thing. OpenAI found that between 2012 and 2019 the computing needed to hit a fixed ImageNet benchmark fell by a factor of forty-four. Extend that ten years from today, with 2026 benchmarks, and the numbers become ridiculous.

The big problem is the Jevons Paradox: if demand for a thing is highly responsive to price, making it cheaper to produce expands demand more than the savings shrink it. LED bulbs cut household lighting energy usage because nobody needs one hundred times more light. Make computing ten times cheaper and we may use a hundred times more of it.

That doesn’t mean data centers will be unnecessary. The current generation of data centers will become unnecessary. Demand will press companies to continuously upgrade computing speed and power, requiring greater supplies of electricity and coolant as well as engineering built to accommodate bleeding-edge hardware. But real estate is inelastic.

Warehouses need forty-foot ceilings, dozens of loading docks, and acres of truck yard. Picture a building in rural Ohio designed around one era of silicon—switchgear, busways, chillers, reinforced walls, a layout tuned to chips that somebody wanted—until nobody wants them because it’s now a new era. That building is too specialized for a warehouse, too remote for housing, and too expensive to convert into anything. The AI company, hungry for ever-escalating computational might, breaks contract, takes its billion-dollar toys and departs with a hearty cry of, “Sue us, suckers!” In their wake, a useless shell in another fiscally crippled town.

But why are so many brilliant, wealthy people going into massive debt to build data centers that will be obsolete in five years? It’s the prisoner’s dilemma: No one dares exit the race. Nvidia is supreme for now, but the tech titans can’t afford to let the others pass them, so they keep pushing in their chips. The pensioner and mutual fund investor have no seat at the table.  

The major players know the hardware won’t remain competitive. They’re betting—with taxpayer dollars—that electricity will continue to be scarce enough to act as a brake on growth. If they’re wrong and rising demand leads to town-sized compounds flying past their sell-by dates, they’re covered. The banks will have made their commissions, and the tech companies have covered themselves with smart contracts and smarter bookkeeping.

For instance, Meta financed its $27 billion Louisiana Hyperion data center through a joint venture with Blue Owl, which owns eighty percent. The venture issued the bonds, so the debt is off Meta’s balance sheet. Meta occupies the site under a four-year lease with renewal options out to sixteen years and a residual value guarantee. If the venture goes bust, it’s mostly taxpayers on the hook for incentives, utilities, and pension-fund exposure.

This is the AI cautionary tale no one is telling. According to Epoch AI, the performance of leading AI supercomputers has doubled every nine months, laughing at Moore’s Law as it sprints by. Silicon runs into practical obsolescence far sooner than the structures that house it.

That imbalance threatens the U.S. with a future of dark, silent unusable buildings standing watch over revenue-starved municipalities—a Silicon Belt. The question isn’t whether data centers will become obsolete, but whether we can distribute the risk in a way that doesn’t turn predictable failure into economic catastrophe.  If we can, as long as DeepSeek doesn’t come up with something better, we’ll be okay.

Then again, AI may kill us all in 10 years, in which case…never mind.

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  • In today’s CEO Daily: Matthew Prince on how AI is changing the internet.
  • The big leadership story: Shopify CEO calls out workers’ ‘slop grenades.’
  • The markets: Up in Asia, down in Europe as stocks close out a mixed week.
  • Plus: All the news and watercooler chat from Fortune.

Good morning. Cloudflare’s CEO Matthew Prince expected web traffic from automated bots and AI agents to surpass human traffic at the end of next year. Instead, it happened in May, with Cloudflare reporting almost 60% of requests to websites coming from bots. At that rate, he says, there could be 1,000 times as much automated traffic as human traffic in five years. Many are AI crawlers ingesting content to train models that may never send a reader (or a cent) back to the site. Prince wants to change that. “Companies need to get paid by the AI companies for what is the fuel that runs these AI systems,” he told me from his office in downtown New York at One World Trade. These are, after all, his customers.

To that end Cloudflare—which manages traffic for more than a fifth of the web and counts 80% of the top AI companies as customers—this week announced a new “Disallow AI Training” setting that lets a website stay indexed for search on a crawler while blocking it from training on content. Apple, Google and Microsoft have agreed to the deal.

The announcement is one of the first real mechanisms publishers have to separate “index me” visitors from “train on me” crawlers, and it comes as Sony and Warner Music, news outlets and even major dictionary publishers pursue copyright suits against AI companies over intellectual property claims. 

Prince points out that AI is changing digital media in other ways, too. “The media world in the last 30 years really rewarded popularity and I think that the media world of the next 30 years might really reward credibility,” he said. “I’ve been really focused on: How do we make sure people get paid? But I worry that I don’t think we’ve thought enough about: How do we make sure that people get recognized?”

Indeed, writers, filmmakers, musicians and other content creators often value fame over fortune and reputation over rewards, making anonymity or intellectual theft especially painful. Prince believes there should be an Academy Award or Nobel Prize of knowledge to help give credit where it’s due.

Ultimately, attribution and compensation are critical for building sustainable media models that reward labor, creativity and the cost of producing the work. That’s true whether you’re creating something artistic, scientific or journalistic. Bots can spit out millions of articles that riff off the news. Someone has to report what’s really going on. “The world that I’m playing for is not one where there’s five AI companies. It’s where there’s 500,000,” Prince said. “If we don’t have a way of paying content creators, of funding the infrastructure buildout, of making everything more efficient, I just don’t know what the internet looks like in the future.”

Contact CEO Daily via Diane Brady at diane.brady@fortune.com

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Good morning. On Fortune’s radar today:

  • Three guys hacked into OpenAI’s source code for $6,500.
  • New jobless claims are remarkably low.
  • Markets: Yay!
  • The credit market demands a hefty risk premium for holding AI hyperscaler debt.
  • The Fed might have another 200 basis points of rate hikes coming.
  • Your phone treats you like a ‘zoo animal,’ research shows.

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Sofian Abu Zaida, a former senior Fatah official, revealed in a video posted to his Facebook account that he is the figure known as “Coal Eyes,” the channel through which then-Hamas leader in the Gaza Strip Yahya Sinwar conveyed direct warnings shortly before the October 7 massacre.

As previously reported by Haaretz, Sinwar held a one-on-one meeting with Abu Zaida (“Coal Eyes”) in September 2023, several weeks before the attack.

During the conversation, Sinwar demanded that a firm message be conveyed to Israel: “Tell the Israelis that if they do not move forward, I am preparing a huge surprise for them.” At the time, Sinwar used the keyword “zilzal” (“earthquake”), an unusual reference that was meant to raise red flags among the intelligence community.

According to Haaretz, Abu Zaida left the conversation shaken and consulted with a close friend, a Palestinian who had emigrated from Gaza to Abu Dhabi and served as an adviser to UAE President Mohamed bin Zayed Al Nahyan.

Abu Zaida feared reporting directly to the Shin Bet (Israel Security Agency), worried he would be accused of cooperating with Sinwar, but at the same time feared for his life if the information was not passed on. As a result, it was decided to convey the message directly to the UAE leader.

   Then-Abu Dhabi's Crown Prince Mohamed bin Zayed Al Nahyan arrives at Downing Street, London, Britain, September 16, 2021. (credit: REUTERS/HANNAH MCKAY)

UAE president warned Netanyahu about October 7

In mid-September 2023, they held another meeting in Gaza. According to Eldar’s report, Sinwar asked Abu Zaida whether the message had been passed on. When he was told that it had not, he calmly said: “Send them a message that I am preparing a surprise from the land of surprises. A terrifying operation. Something unusual,” again repeating the word “zilzal.”

Abu Zaida quickly left the Gaza Strip and held a private meeting with the adviser in Abu Dhabi. After an in-depth analysis of Sinwar’s body language, tone of voice, and the context of his remarks, the two reached a clear conclusion: Sinwar was not making empty threats, but intended to launch a full-scale war.

Following this, the UAE president called Prime Minister Benjamin Netanyahu and warned him of the expected attack.

Israel, Hamas negotiated for release of hostages in exchange for prisoners

In a video Abu Zaida published Thursday night, he also noted that lengthy contacts had taken place between Israel and Hamas before October 7 in an effort to reach a deal.

The agreement was intended to secure the release of the four Israeli hostages Hamas was holding at the time, Hadar Goldin, Oron Shaul, Avera Mengistu, and Hisham al-Sayed. In exchange, Israel would release hundreds of Palestinian prisoners, lift the blockade on Gaza, and work to resolve electricity and water issues, basic needs for life in Gaza, which Israel had conditioned on the release of the bodies and prisoners held by the organization.

Abu Zaida also promised to publish additional details in the coming days about the message Sinwar asked him to deliver to the Israeli side in mid-September 2023, just weeks before the October 7 attack.

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Would you believe me if I told you that debt investors will not change their viewpoint of a company who over the next few years is expected to increase revenue by 240%, debt by 410%, and barely generate a positive cash profit?  Would you feel more confident if I told you this company is changing its business by heavily investing in technology that has not yet produced an adequate return on investment?  Me neither.

Welcome to the current state of the AI thesis and the ratings decision provided by S&P Global Ratings (S&P) on Oracle.

But first, a little background.

The Big Three rating agencies (e.g., S&P, Moody’s Ratings, and Fitch Ratings) assign credit ratings to organizations. Investors use these ratings to set firms’ borrowing costs.  The agencies utilize a similar rating scale, which highlights the likelihood of debt investors not earning back the money they lend to borrowers. Low-risk firms receive an investment-grade rating (e.g., AAA, AA, A, and BBB), while high-risk firms receive a speculative-grade rating (e.g., BB, B, CCC, CC, C, and D). 

Put simply, the worse an organization’s rating becomes, the higher the firm’s borrowing costs.  After all, debt investors can only earn their principle back plus interest.  There is no additional upside. This sharpens their focus on return of capital rather than return on capital.

Back to Oracle.

After examining S&P’s July 9, 2026, decision to downgrade Oracle’s credit rating to BBB- (the last investment-grade rating possible), I had more questions than answers. As I previously mentioned, S&P notes that revenue from fiscal years 2022 thru 2028 should increase 239%. Similarly, both debt and cash flow should increase 400 – 450%.  Unfortunately, the actual cash profit Oracle is expected to generate after it invests in AI (e.g., free cash flow) declines 32% and is negative from 2025 through 2027.

If that wasn’t enough…

S&P noted during its July 13, 2026 “Oracle Downgrade Explained” call that Oracle and SpaceX are “both no doubt outliers for investment-grade”.  S&P further stated that while Oracle’s credit metrics are not investment-grade today, “what keeps it investment-grade is that we think that as the AI business scales Oracle should be harvesting cash flow at years three, four, five of their contracts. So we are still giving the company time to prove their business case and over that timeline we will, we will have more data points, more confidence about Orache’s AI business prospects”.

To be clear, I am not opposed to credit rating agencies giving companies time to prove their business models.  However, the numbers must also make sense.

Miraculously, from 2022 through 2028, Oracle’s interest costs are forecast to rise 271% while debt increases 412%.  This can only occur if interest rates charged on debt decline substantially.  This should not happen if Oracle’s financial condition worsens.  The credit default swap (CDS) market agrees as spreads on five-year CDS contracts were recently greater than 200 basis points, a level last reached during the 2008 Global Financial Crisis.

It would be equally helpful if S&P was confident in their Oracle forecasts, particularly post-2027, but this is not the case.  “Oracle is now a ‘show me’ story with limited visibility and lots of question marks out there,” S&P stated.

Part of this uncertainty stems from Oracle changing its business model, as well as its relationship with OpenAI.  S&P describes this new business model a capital-intensive, “no moat business.”  In other words, it has no competitive advantage.  Why then does S&P expect Oracle to drive considerable revenue and accounting profit growth through 2028, while warning of an “uncertain path to profitability?”

Another contributor is the difficulty in forecasting the investment required for Oracle to achieve its AI ambitions. 

Specifically, after discussions with Oracle, S&P had to increase its 2027 capital expenditure guidance almost 60% from $60 billion to $95 billion.  S&P notes its frustration by stating it is routinely “playing catch up” regarding ever-increasing capital expenditure forecasts. Who isn’t?

S&P’s current credit rating and stable outlook are predicated on the Oracle’s focus on maintaining an investment-grade rating, coupled with the potential for future equity issuances to stabilize its balance sheet.  S&P notes that the rating could be pressured if Oracle fails to maintain or lower its current level of debt-to-EBITDA OR fails to generate positive free cash flow in 2028.  Ironically, between now and then, 2028 is the only year Oracle is expected to generate positive free cash flow.  As we have already discussed, much must go exactly right for this to occur. 

Given the current level of uncertainty regarding the ability of AI companies to generate meaningful ROI, S&P’s limited confidence to forecast Oracle’s financial performance past 2027, and Oracle’s weakening financial performance and uncertain path to profitability, one must wonder how Oracle deserves an investment-grade credit rating.  I know I am. 

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New York City Mayor Zohran Mamdani said he had no plans to join demonstrations against Prime Minister Benjamin Netanyahu during his upcoming visit to the city.

“I do not have any plans to attend any protest at the UN General Assembly,” Mamdani said in response to reporters’ questions.

He said he had been in contact with the New York Police Department ahead of the General Assembly week and that “right now, there are no expected threats that we know of, and we continue to be confident in being able to deliver safety and security for New Yorkers.”

Mamdani also sought to clarify that he was not calling on city residents to demonstrate against Netanyahu.

“To New Yorkers, I have never encouraged them to protest,” he said. “What I have always told them is that they have the right to do so in the city. We respect that right. And this is a city that is proud of the Constitution, proud of the First Amendment, we’ll continue to do so.”

New York City Mayor Zohran Mamdani speaks during a press conference to announce new legal action to protect immigrant families at City Hall in New York, New York, US, September 14, 2026.  (credit: REUTERS/JEENAH MOON)

Mamdani has made his positions on Netanyahu clear

Asked why, given his previous sharp criticism of Netanyahu, he had decided not to participate in the protests himself, the mayor said he had already made his positions clear.

“I have made very clear about my views, my thoughts, my assessments,” Mamdani said. “Also, when it comes to the UN General Assembly, my focus is ensuring that our city remains prepared to host representatives from across the world to keep New Yorkers safe.”

He added that the city also had to ensure it could “both address the global conversation that is happening here in our city and the very local concerns that New Yorkers have about traffic and their ability to get from point A to point B over the course of that time period.”

During his campaign and after taking office, Mamdani examined whether the city had any authority to act on the arrest warrant issued against Netanyahu by the International Criminal Court. In July, he announced that the legal review had found that New York City did not have the authority to execute the warrant, although he continued to say that he believed the federal government should take action on the matter.

Mamdani also said at the time that Netanyahu was not welcome in New York as far as he was concerned and that, unlike previous mayors, he would not personally greet him.

Prayer vigil in support of Israel outside mayor’s residence

Mamdani was also asked about students from the Ramaz Jewish school and other Jewish schools who are planning to hold a prayer vigil outside his official residence, Gracie Mansion, on Friday to express support for Israel and Netanyahu.

“I welcome them,” he said. “They can have a vigil, or I’ve heard some describe it even as a protest. Whatever it is intended to be, they have the room and space to do so outside of Gracie Mansion.”

Asked whether he would go outside to meet them and hear what they had to say, however, Mamdani made clear that this was unlikely.

“I think that at the time that they are there, I will probably be somewhere else across the city,” he said.

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A US government website employed an AI model from a Chinese company for users to search proposed federal regulations, despite the FBI accusing the model’s developer, Alibaba, of “malicious” copying of US rival Anthropic’s technology.

The website of the Federal Register, which is run by the National Archives, had the search tool using Alibaba’s Qwen model available on Wednesday along with other search options. It was unclear when it was deployed.

The Qwen-powered search was taken down on Wednesday around the same time social media posts appeared about it, according to screenshots and an archived version of the site’s source code reviewed by Reuters.

The FBI last week accused Alibaba of copying Anthropic’s models to build its own artificial intelligence tools, raising tensions between Washington and Beijing ahead of a meeting next week between the countries’ leaders.

US officials said then that Chinese AI companies were engaged in “malicious” copying of US technology on an “industrial scale.”

Open AI and Anthropic logos are seen in this illustration created on September 12, 2025.  (credit: DADO RUVIC/REUTERS)

FBI declines to comment, National Archives, White House do not respond

The FBI declined to comment on Thursday. The National Archives and the White House did not respond to requests for comment. A spokesperson for the Chinese embassy in Washington said the allegations of copying were “unfounded.”

The US government’s use of Qwen emerged amid a global reckoning about AI safety and a US debate over whether regulatory safeguards on AI are needed or would put the country at a competitive disadvantage.

AI experts said the use of the Chinese tool on the Federal Register’s website may not have posed national security risks. But it raised questions about whether the federal government was contradicting its own messages about Chinese AI models.

Daniel Castro, president of the Information Technology and Innovation Foundation, said there was a disconnect between the fierce US-China competition to build superior AI models and a US agency choosing to use a Chinese-made AI model.

“It’s one of the most insane things I’ve ever seen,” he said.

The Federal Register website, which provides a daily list of newly proposed regulations, offered the Qwen model as a tool to browse public comments.

Qwen is an open-weight model, meaning key components of the system are publicly available. Developers can download and modify the model for specific uses, often at lower cost than closed models from companies such as Anthropic and OpenAI.

No gov’t entity should use Chinese AI model, House China cm’tee chair says

“No federal government entity should use a Chinese AI model,” said US Representative John Moolenaar, a Michigan Republican who chairs the House China Committee. “Doing so only makes the federal government more dependent on Chinese AI models and that is not in the national interest.”

Security experts say open-weight models can run on a company’s own IT infrastructure, giving organizations greater control over sensitive data that might otherwise be shared with outside providers.

Georgetown Law Professor Anupam Chander said the use of Qwen did not appear to present an immediate cybersecurity risk, though that depends on how the model was trained. The Federal Register website’s content is already public, so the model was not working with sensitive government information.

Democratic US Senator Mark Warner of Virginia, vice chairman of the Senate Intelligence Committee, said in a statement that the risk depends on whether US data left the government’s security boundary and was processed on Alibaba-controlled systems.

In April, the US House committees on China and homeland security sent a letter to Airbnb, which also uses Qwen, asking for details about its use as part of an investigation into the “national security risks created by the integration” of Chinese AI tools into platforms used by Americans.

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A 32-year-old man from Majd al-Krum was arrested on suspicion of making contact with a foreign agent several months ago in order to conduct missions in Israel on their behalf, Israel Police announced on Friday.

The man, Hamdan Hamdan, is alleged to have been aware that the agent he was in contact with was Lebanese, and to have requested to be given security missions in Israel.

In exchange for his services, the police stated, the foreign agent attempted to purchase Israeli goods for Hamdan and transfer them to him.

Police arrest man for making contact with Hamas, Iran

Earlier on Friday, Israel Police announced that they had arrested a 31-year-old man from Tamra on suspicion of making contact with both Hamas and Iran forces in an attempt to aid them.

According to the police, the man, Sultan Abu al-Haija, had made contact with the military wing of Hamas to covertly offer his assistance, and had also reached out to Iranian forces, although he was arrested before being able to conduct any operations for them.

An indictment against al-Haija is expected to be issued on Friday, while one against Hamdan is expected to be issued on Sunday, the police said.

In a response to Hamdan’s arrest, Finance Minister Bezalel Smotrich said that people in the Galilee were “in the atmosphere of October 6.”

He accused residents of Majd al-Krum of chanting “long live Palestine,” and said that it was time to bring “the revolution in Judea and Samaria” to the Galilee and the Negev.

“Within a few days,” he said, “it turns out that what could ignite the Galilee is not shepherd farms, but radical Islamic forces that are establishing themselves in a place where there aren’t enough Jews.”

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I think of it as a blast from the past. Ahead of Yom Kippur, which starts on Sunday night, I was reminded of the British Mandate period when the authorities, fearing Arab protests, banned the sounding of the shofar at the Western Wall in Jerusalem. 

British cowardice was met with Jewish courage, and every year a ram’s horn was smuggled to the holy site and the traditional blast of the shofar was sounded at the end of the Neilah prayers, although it usually resulted in the arrest of the person brave enough to blow it.

The Old City, including the Temple Mount and Western Wall, fell under Jordanian control during the War of Independence in 1948; but in the 1967 Six Day War, it was liberated, and Jerusalem was reunited. Both wars, it should be noted, were attempts by the Arab world to eliminate the Jewish state and predate “settlements.”

The “settlements,” now labeled an “obstacle to peace,” were a result of the war, not the cause. It was the Jewish presence anywhere “between the river and the sea” that the Arab world objected to. Many of today’s “settlements” are in fact communities where Jews lived until forced out by war or massacres, including Hebron, Jerusalem’s Old City, and the Etzion bloc.

Fast forward to September 2026, and British authorities again seem intent on silencing the Jews and harming their rights in their historic homeland. Last week, British Foreign Secretary Ed Miliband announced future sanctions on products from the “settlements,” including Judea and Samaria (the West Bank) and Jerusalem.

Britain's Foreign Secretary Ed Miliband speaks at the House of Commons in London (credit: House of Commons/Handout via REUTERS)

Miliband made much of being a Jew himself. It’s easy to recognize the type: it’s the “wicked son” from the Passover Haggadah, the one who excludes himself from being part of the community celebrating the Exodus from Egypt.

The British move was joined by a chorus of “useful idiots,” France, Canada, Denmark, Finland, Iceland, Ireland, Norway, Poland, Portugal, Spain, and Sweden. It remains to be seen what it means in practical terms, but it obviously was not intended to be favorable to Israel. 

The timing was particularly significant. Coming ahead of the Israeli elections next month, the UK, under Prime Minister Andy Burnham, could have waited to see who leads the new government before taking action against the current one.

Sanctions might have boosted Israel’s Right

The threat of sanctions to be implemented in the future seems more an attempt to influence voters. It might backfire. Miliband might have inadvertently boosted the Israeli Right.

Acts like this certainly don’t bring peace closer – on the contrary, it encourages Palestinian terrorism and could be devastating for the Palestinians employed in boycotted factories and workplaces, where they work alongside Jews.

Framing the move as a necessary response to “settler violence” is disingenuous at best. Where is the similar boycott on Turkey (holding Northern Cyprus) or China (holding Tibet and eyeing Taiwan)? Or any of the other scores of countries involved in territorial disputes? Where is the action against other countries where there are localized acts of despicable violence? Should the Israeli government act against every foul incident of anti-immigrant violence taking place around the globe, let alone acts of antisemitism?

This is a de facto boycott of Israel, the Jewish state. It is also an attempt to redirect attention away from the real violence – the invasion on October 7, 2023, and subsequent missile attacks from seven fronts. It’s easier for the UK government to resort to its standard policy of sanctioning Israel than to take real and meaningful action against Iran and its evil axis, which still launches rockets across the Gulf states while viciously repressing reformists at home.

The revival of the “two-state solution” mantra is a numbingly naive reward for terrorism. More than half a million Jews live in Judea and Samaria, and more than 300,000 live in “East Jerusalem.” Are they to be ethnically cleansed in the name of peace? If the Palestinians can’t tolerate living with Jews among them, how will there be a peaceful state alongside them?

In the October 7, 2023, Hamas-led invasion and mega-atrocity, 1,200 were murdered, 251 abducted, and thousands wounded. It took place 18 years after the entire Jewish community was removed from Gaza. The terrorists who proudly filmed themselves as they raped, murdered, and rampaged their way through pastoral communities and small towns in southern Israel referred to their victims as “settlers.” 

This is the lesson of October 7 – the terrorists did not attack because of an Israeli presence in Gaza, but because the absence of an Israeli presence emboldened and enabled them.

While the succession of British Labour governments have announced a series of sanctions against Israel, the Palestinians are being allowed to literally get away with murder – the Palestinian Authority’s “Pay-for-slay” policy actually rewards imprisoned terrorists and their families for killing Jews.

One meme doing the rounds on social media shows Burnham calling Prime Minister Benjamin Netanyahu to clarify: “We still need the defense systems, life-saving drugs, navigation aids, intelligence-sharing, irrigation advances, and communications technology. It’s just the avocados, dates, and tomatoes that we want to cancel.”

If it were a laughing matter, the joke would be on the UK.

Of the various Israeli responses being considered, the most appropriate was long overdue: closing the British consulate in Jerusalem. Absurdly, the consulate served only Palestinians (apartheid, anyone?) while Israeli Jews used the embassy in Tel Aviv. 

Even after the UK last September declared its recognition of a “State of Palestine” (borders unknown), it didn’t set up consular offices in Ramallah to serve it. In effect, the consulate in Jerusalem served as its embassy to the Palestinian Authority. Even more preposterously, the UK and other countries funding UNRWA are ostensibly saying that the Palestinians are refugees in their own state.

It’s possible that the sanctions declaration was intended to be mainly symbolic; the question is, symbolic of what? The answer is the decline of Britain rather than the end of Israel.

I might boycott the movie NAZA, which received a record-breaking almost 25-minute standing ovation at the Venice Film Festival last weekend and won the Special Jury Award. Who stands for nearly half an hour clapping for a movie? Someone who is entirely consumed by the subject – or someone too scared to publicly say “Enough is enough” after the first few minutes of applause. (Stalin sends regards.)

Produced by the Guardian, the title is the Hebrew acronym for “Collateral damage,” “nezek agavi,” but there’s no need to spell out why filmmakers Yuval Abraham and Rachel Szor chose to keep the Hebrew term, which just happens to look like a certain German word, instead of the English CDE (Collateral Damage Estimation).

The movie isn’t about targeted killings; it’s about the character assassination of Israel and the IDF.

Israelis and Jews are no strangers to blood libels, including movies purporting to be objective documentaries. Israeli Arab filmmaker Mohammed Bakri’s Jenin, Jenin springs to mind. Incidentally, the cinema culture that once flourished in Gaza ended when Israel pulled out, and Hamas took over.

As KAN 11 reporters noted, there’s a certain irony in focusing on “collateral damage” to try to strengthen allegations of genocide and deliberate mass killings. But Abraham and Szor must have realized they had a winning formula – attacking Israel without context – after their movie No Other Land, made with two Palestinian directors, won an Oscar last year.

NAZA’s interviewees hid behind the protection of anonymity, and there is no way to check their claims, real positions, and what level of knowledge they had – the greater picture rather than the cinema sound bite.

The interviewees could be arrested abroad for “war crimes,” by the way, for having served in the IDF. Israeli filmmakers critical of the government, including Nadav Lapid, who made Ahed’s Knee, have ended up suffering from the sanctions they themselves helped promote.

IDF Chief-of-Staff Eyal Zamir has asked to see NAZA, to take measures if any verified claims require it. The IDF is also looking into this as a possible intelligence leak, where modes of operation might have been revealed.

No other military makes such an effort to evacuate civilians before an operation. Hamas’s strategy is to operate among civilians, and in tunnels under homes, schools, hospitals, and mosques, thereby endangering the local population.

October 7 wasn’t collateral damage; it was genocide – against Jews. Fighting terrorism is never easy, but it’s even harder when terrorists are encouraged by international applause.

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Former US senator Jon Kyl of Arizona died at the age of 84 from complications of a neurological disease, it was announced on Thursday. Kyl served 18 consecutive years in the US Senate, from 1995 to 2013, before briefly returning to the chamber in 2018.

In addition to his work securing funding for the Arrow missile defense system, Kyl also fought against former US president Barack Obama’s recognition of a Palestinian state

Most notably, Kyl was considered one of the principal authors and architects of the 1995 Jerusalem Embassy Act. He worked alongside Senate majority leader Bob Dole to advance the legislation, which stated that Jerusalem should be recognized as the capital of the State of Israel and that the US Embassy should be relocated there.

The legislation passed the Senate with an unusually large bipartisan majority of 93 votes in favor and five against. For more than two decades, US presidents refrained from fully implementing the law until US President Donald Trump recognized Jerusalem as Israel’s capital in 2017 and moved the US Embassy there in 2018.

Kyl later described the Jerusalem Embassy Act as one of the legislative achievements he was most proud of. In a 2011 interview, he said he regretted the inclusion of a provision allowing presidents to delay the embassy move for six months on national security grounds. The waiver was repeatedly invoked by successive US administrations before the embassy was ultimately relocated.

Sen. Jon Kyl (R-AZ) walks to the weekly Republican policy luncheon September 25, 2018 in Washington, DC. (credit: Win McNamee/Getty Images)

‘Israel will not forget his true friendship’

Haim Silberstein, chairman of the Jerusalem Center for Applied Policy (JCAP), mourned Kyl’s death.

“Jerusalem and the State of Israel have lost one of their greatest and most significant friends in the US Senate. Jon Kyl did not settle for declarations of support for Israel, but helped turn recognition of Jerusalem as its capital into a principle enshrined in American law.

“There are leaders who stand before the cameras at the moment history is being made, and there are leaders who spend years paving the road that makes that moment possible. Kyl was one of the architects of the diplomatic and legislative infrastructure that ultimately led to American recognition of Jerusalem and the relocation of the embassy.

“The State of Israel owes him a profound debt of gratitude. His work deserves to be commemorated in Jerusalem, the city whose recognition he worked so determinedly to advance.

“Israel will not forget his true friendship, and Jerusalem will not forget the man who helped enshrine its status as Israel’s capital in American law. May his memory be a blessing.”

This post was originally published on here. 

When US President Donald Trump addressed the United Nations General Assembly a year ago, he touted the US bombing of Iran’s nuclear sites just months earlier as “totally obliterating everything” and said he had brought peace between Israel and Iran.

Returning to the world body on Tuesday, Trump will face a deeply skeptical audience increasingly rattled by six months of war between US forces and an emboldened Iran, growing regional instability and a nuclear threat that has not disappeared despite his claims.

Though battered militarily and economically, Tehran has remained defiant, obstructing oil shipments through the Strait of Hormuz and in recent days gaining new leverage as its Houthi allies in Yemen tighten their grip on a Red Sea chokepoint, further spiking global energy prices.

The lightning advance by the Houthi terrorists has put Trump in an ever-tighter bind over the unpopular conflict, dealt a blow to US ally Saudi Arabia and exposed the limits of Washington’s ability to protect its regional partners.

Most European and Asian allies have spurned Trump’s demands for assistance in a conflict he launched without consulting them and which has had damaging fallout for their economies.

A boy holds up a toy weapon as he joins Houthi supporters during an anti-Saudi rally amid an escalation with the kingdom, in Sanaa, Yemen, July 31, 2026.  (credit: REUTERS/KHALED ABDULLAH)

And with US gasoline prices high and his approval ratings low, Trump could pay a price in November’s midterm elections when his Republican Party’s control of Congress is at risk.

“We are seeing what happens when a president launches a war of choice without anticipating the unintended consequences,” said Aaron David Miller, a former adviser on Middle East policy to Republican and Democratic administrations.

Trump expected to frame Iran military campaigns as victory

In Trump’s speech to the annual gathering of heads of state and government in New York, he is likely again to frame as a victory a military campaign he promised would be over in weeks.

The conflict has instead hardened into an uneasy stalemate that has failed to achieve Trump’s shifting goals while depleting the Pentagon’s missile stockpiles.

Trump’s problems have only deepened since Houthi fighters overcame Saudi-backed Yemeni government forces, sweeping down the Red Sea coast and seizing islands at the mouth of the Bab al-Mandab Strait, a crucial shipping corridor that allows Iran to further threaten global oil supplies.

In response to Reuters’ questions, a senior Trump administration official said the US is focused on security interests such as ensuring freedom of navigation in the Red Sea “while empowering our regional partners to take the lead in managing and resolving regional security challenges.”

Iran took up only a small portion of Trump’s speech at last year’s UNGA.

He recounted how, three months before, he had sent B-2 bombers to drop 30,000-pound bombs that “demolished” Tehran’s uranium enrichment capacity. However, experts determined the strikes had only seriously set back the program.

“No other country on Earth could have done what we did,” Trump said.

The US president – who campaigned on a vow to avoid foreign military entanglements – also presented himself as a peacemaker, repeating claims to have ended conflicts around the world, including a 12-day war between Israel and Iran in 2025, and again insisted he should receive the Nobel Peace Prize.

Events since then have contrasted with his remarks.

Trump joined Israel in striking Iran on February 28, citing what he said was an imminent nuclear threat to the US. Experts have disputed his claim that Iran was close to developing a nuclear weapon, which Tehran has always denied seeking.

But analysts say Trump underestimated Iran’s resilience. Despite airstrikes that killed many of Iran’s top leaders, it has hit back at Gulf neighbors and the US bases they host.

At the same time, Iran has retained a stockpile of near-weapons-grade highly enriched uranium believed buried by the US strikes in June 2025.

Trump alone ‘possessed courage’ to confront Iran on nuclear program, White House spox. says

White House spokeswoman Anna Kelly said Trump alone had “possessed the courage” to confront Iran over its nuclear program, that he had achieved all his objectives and Iran’s economy was being crippled by stepped-up sanctions and a US maritime blockade.

Trump, meanwhile, has rebuffed Saudi pleas for direct military intervention against the Houthis, who agreed to a ceasefire with the US last year.

This has dented confidence in US security guarantees among Gulf states, whose doubts Trump’s decision to go to war over their objections had already fed, analysts say. He plans to meet Gulf leaders on the sidelines of the UN next week, Axios reported.

The dilemma for Trump is that while the US can ill afford to have the Houthis close a second major shipping corridor, he is reluctant to undertake a dangerous new mission for a US military stretched by the fighting against Iran.

US officials met the Houthis last weekend in Oman, where the group said that while it was targeting Saudi shipping it had no intention of attacking American vessels, according to five people familiar with the matter.

“The US clearly has (military) capacity challenges, but even so the cost of inaction here is likely to intensify tensions among Gulf allies,” said Jonathan Panikoff, a former deputy national intelligence officer on the Middle East.

The Houthis’ sudden re-emergence as a regional threat has further complicated Trump’s efforts to find a way out of the conflict.

With the war grinding on in a seventh month, the US is mired in a battle of attrition while Trump tries to intensify economic pressure on Tehran.

Trump, who has offered shifting timelines, told reporters on Wednesday that “hopefully we are towards the end.”

But analysts warn that the conflict is likely to drag on well past the midterm elections.

“Iran isn’t about to let him off the hook here while they have so much leverage to damage him in the midterms and make him a lame duck,” Brett Erickson, a geopolitical analyst and managing principal at Obsidian Risk Advisors, wrote on X/Twitter.

This post was originally published on here. 

Syrian President Ahmed al-Sharaa has been diverting most of the country’s resources, from tax revenues to international aid, toward building a large standing army and acquiring weapons systems, according to Israeli security assessments.

Instead of investing in infrastructure, rebuilding the country, or improving the welfare of civilians who suffered through 15 years of war, the extremist regime is focusing on an arms buildup while working to conceal its military expansion strategy. The development is raising concern and red flags within the intelligence community.

According to IDF assessments, Sharaa’s operational plans are intended for the point at which he believes he can strike Hezbollah in Lebanon, which he despises, as well as pro-Iranian Shi’ite militias in Iraq.

The belief is that he is waiting for the right moment, combining the completion of advanced stages in his force buildup with a reduction in the US military presence in the region, particularly in Iraq, in a way that would make it more difficult for the United States to prevent such a move.

As Syria continues its military buildup, European countries, led by Germany, are providing aid and embracing the Syrian president in an effort to stem the flow of refugees and pave the way for their return to the country. According to security officials, once Syria stabilizes and is no longer defined as a combat zone, European governments will be better positioned to justify returning refugees.

Syrian President Ahmed al-Sharaa listens to French President during a joint press conference after a meeting at the Elysee Palace in Paris, on May 7, 2025. (credit: Stephanie Lecocq / POOL / AFP via Getty Images)

Moderate Sunni states seeking to moderate Sharaa’s policies

At the same time, moderate Sunni states, including Saudi Arabia and the United Arab Emirates, are working around the clock to draw Sharaa closer to them. They are investing money in him and granting him honors in an effort to soften his agenda, distance him from extremist elements, and moderate his policies, despite his well-known jihadist past.

According to security sources, relations between Turkey and Syria are complicated.

“Al-Sharaa will not be so quick to hand territory over to Erdogan, nor will he necessarily allow him to take control of military bases in Syria. Therefore, to some extent, the recent Israeli strike in Syria helped Ahmed al-Sharaa,” one security official said.

“Ahmed al-Sharaa wants to build Syria under his leadership into a regional power that will look in every direction. The moment he decides to, he will also direct military force against Israel.”

Israel missed opportunity to make agreement with weakened Sharaa

According to security sources, Israel missed a historic opportunity to reach an agreement with Sharaa when he was still very weak and had only just taken office. Israel could have established facts on the ground regarding the border area and the status of the Israeli Golan Heights, but hesitation on the Israeli side and its focus on other arenas prevented progress.

As a result, the IDF is required to intensify its intelligence-gathering efforts concerning the Syrian military, its personnel and its capabilities, and to prepare operational plans in case it is required to launch a broad operation to thwart hostile intentions or a military buildup that undermines Israel’s freedom of action or military superiority.

A future confrontation is only a matter of time, security sources assess.

This post was originally published on here. 

Having just seen Manhattan’s Twin Towers collapse in a live broadcast, this column wrote: “This week’s towering infernos should etch 2001 in human memory as a watershed year on the scales of 1492, 1789, and 1939” (“A time to kill,” September 14, 2001). 

Noting that the third millennium had just opened “with a totalitarian bang,” the column argued that freedom, “the Cold War’s shining victor,” had been dealt a massive blow that demanded a massive counterattack. It followed that “2001 can end up as the year in which the free world waged the ultimate war on tyranny.”

Having lived in this war’s trenches for the subsequent 25 years, Israelis now feel that some of this war has been won, some has been lost, and some – the most important part – has yet to be waged. 

The victorious part of the war that followed al-Qaeda’s attacks is visible in south Manhattan. The emergence of the Freedom Tower, where Ground Zero’s cavity once gaped, an inspiring work of iron, steel, and glass that every night shoots skyward a pillar of bright light – is a looming testament to America’s resilience and its attackers’ defeat. 

This dimension of victory is in the realm of psychology, but America won in other ways as well. 

 EVIDENCE CLEARLY shows the IUMS directly threatens Western security by inciting Muslims, the writer says, so are America and Europe waiting for another 9/11 before taking action? (credit: SEAN ADAIR/ REUTERS)

America’s resilience outlasted the 9/11 attackers’ ambitions

The terrorists hoped to shock American civilization by pitting against each other two of its most iconic inventions: the skyscraper and the airplane. This hope was also dashed. American inventions, from the airplane, the skyscraper, and the personal computer, to the motion picture, the rock concert, and the fast-food restaurant, have remained civilization’s fixtures, to the jihadists’ chagrin. 

Equally frustrated was the raid’s political quest. Targeting America’s commercial, military, and political nervous centers was designed to debilitate its economy, army, and government. None of that happened. 

On other fronts, however, victory has been elusive. 

The attacks’ first success was their inspiration for other jihadist massacres worldwide. Here is a very partial list:

The Bali bombings that killed 202 people in 2002, the Madrid train bombings that killed 193 in 2004, the London Underground attacks that killed 52 in 2005, the Mumbai train bombings that killed 209 in 2006, the Moscow train bombings that killed 40 in 2010, the shopping mall attack in Nairobi that killed 67 in 2013, the Ankara bombings that killed 109 in 2015, the Charlie Hebdo attacks that killed 137 the same year in Paris, the concert hall attack that killed 145 in Moscow in 2024, the New Orleans truck attack that killed 15 last year, and last December’s Bondi Beach shooting that killed 17 in Sydney. 

Some would argue that the scope of these attacks and their diminishing frequency indicate a loss of momentum. That was arguable until Hamas’s October 7 attack. The jihadist energy, it proved, is alive and well. 

Then there was the failure of what the American president of the day, George W. Bush, called The War on Terror. 

Iraq and Afghanistan created a costly strategic challenge

Failure began with the choice of that war’s locations, a pair of entirely different theaters 1,500 km. apart: Iraq is a steaming flatland, Afghanistan is a continuum of snow-capped mountains. Politically, Afghanistan was a fundamentalist theocracy, while Iraq was a secular tyranny. Conquering and governing both countries simultaneously meant military and financial overstretch.

The reason to attack Afghanistan was that it had sheltered the terrorists and shared their jihadist agenda. The reason to attack Iraq was that its leader cheered the attack, and represented all that was politically ill about the Arab world that produced the 19 perpetrators of the September 11 attacks. 

Taking Afghanistan was meant to eradicate jihadists. Attacking Iraq was meant to redesign the Arab world. Each of these aims was in itself a tall order, but put together they were too much, even for the US. 

That all this ended with Iraq under Iranian influence, and Afghanistan under Taliban rule, is a major fiasco, which began immediately after September 11, with the very naming of the counterattack that Washington resolved to wage.  

The name “The War on Terror” fingered the enemy’s weapon instead of the enemy’s cause. In World War II, Americans were told, rightly, that they were fighting fascism, not the kamikaze suicide. During the Cold War, all Westerners understood that the enemy was not the Soviet Union’s atomic bomb, but communism. Now the enemy was jihadism, but world leaders, from America through Europe to China, would not say this. 

Intelligence efforts alone cannot defeat jihadist ideology

Yes, 9/11 ignited an international intelligence effort to thwart jihadist attacks before they are waged, and to hound their plotters wherever they may nest. But that is not enough. Civilization has an enemy, one that, deep in its soul and mind, cannot accept pluralism, or even just diversity, and thus seeks to subdue all other faiths by terrorizing millions worldwide. That must be said; plainly, repeatedly, and loudly. 

Seen this way, the threat that announced itself at the millennium’s outset is intact, and must be met with two global efforts, one military, the other political. 

The military aim should be what is now Israel’s doctrine, namely, fight tooth and nail any jihadist militia that emerges on your borders. The political aim should be to tell mankind what jihadism has in store for it, and to expose the governments that help its plots. 

For instance, a recent French government report that the Muslim Brotherhood controls 139 French mosques, and that this is part of a broader Islamist effort, backed by Qatar and Turkey, to infiltrate Europe – should be trumpeted worldwide. (See “French report warns of Islamist ‘entryism’ as risk to national cohesion” BBC.com, May 21, 2025).

That is not what’s happening. In fact, the current American president considers this pair of Islamist engines his allies, and their leaders his personal friends. No, that is not the victory the September 11 terrorists had in mind. It is, however, America’s defeat. 

www.MiddleIsrael.net
The writer, a Hartman Institute fellow, is the author of the bestseller, The Jewish March of Folly (Yedioth Books 2026), now available in English on Amazon.

This post was originally published on here. 

We stand at the threshold of the holiest day in the Jewish calendar – Yom Kippur. It is a day when the Jewish people opens its heart to purity, forgiveness, and repentance.

Yet despite its greatness and spiritual intensity, Yom Kippur can sometimes be perceived as a frightening day. Ask people what they feel when they think about Yom Kippur, and many will speak of fear.

The surprising truth, however, is that the deepest emotion associated with this day – and perhaps the very emotion we are called upon to awaken within ourselves – is one of joy and yearning.

We encounter this joy already on the eve of Yom Kippur, through one of the most remarkable mitzvot in the Jewish calendar: eating and enjoying a festive meal on the eve of Yom Kippur.

A group of young adults is seen sitting around a table sharing a meal, eating and talking. (credit: SHUTTERSTOCK)

Surely, a festive meal would be the last thing that comes to mind

But this raises a profound question: How is it that precisely on the eve of this great and awesome day, the day when a person stands before his Creator, and his judgment for the coming year is sealed, we are commanded to eat and rejoice?

One might think this should be the moment of our greatest anxiety. A person knows that he is about to enter a day of fasting, prayer, and soul-searching. Surely, a festive meal would be the last thing that comes to mind.

The question becomes even more striking when we learn from our Sages that, in a certain sense, the merit of eating on the ninth day of Tishrei, the eve of Yom Kippur, is even greater than that of fasting on the 10th day, Yom Kippur itself. As the Talmud teaches:

“Whoever eats and drinks on the ninth day, Scripture considers it as though he had fasted on both the ninth and the 10th” (Yoma 81b).

In other words, eating on the ninth day has such great significance that a person is considered as though he had fasted for two consecutive days. How can this be?

The answer can be found in the words of Rabbeinu Yonah, in his foundational work on the laws of repentance:

“If a person has transgressed a negative commandment and repented, he should be concerned over his sin and yearn and wait for Yom Kippur to arrive, so that he may find favor before the Almighty, for His will is the life of the soul and the body, and the life of every created being, as it is written: ‘In His favor is life’ (Psalms 30:6).

“Therefore, our Sages of blessed memory said that whoever makes a festive meal on the eve of Yom Kippur is considered as though he had been commanded to fast on the ninth and 10th days and had fasted on both, because he has demonstrated his joy at the arrival of the time of his atonement. This joy will bear witness to his concern over his guilt and his sorrow over his sins” (Sha’arei Teshuvah 4, section 8).

A person who knows that he has been given the opportunity to cast off the burden of the past and renew his relationship with his Creator should feel a profound sense of joy – joy at the ability to repair, to become pure again, and to begin anew.

It is difficult to express this joy on Yom Kippur itself, a day of fasting, prayer, and soul-searching. That is why it finds its expression on the eve of Yom Kippur. We rejoice that the day has arrived on which we have been given the opportunity to atone for our deeds and turn the page to a new beginning.

‘Light is sown for the righteous, and joy for the upright in heart’

THIS IDEA is reflected in a verse recited in some communities as the Torah scrolls are carried around the synagogue after the Kol Nidre prayer: “Light is sown for the righteous, and joy for the upright in heart” (Psalms 97:11).

At the very beginning of the holy day, after Kol Nidre, when the Torah scrolls are brought out of the ark and the worshipers stand facing them, we invoke the words, “and joy for the upright in heart.” At first glance, if we were asked to describe Yom Kippur, we might expect words such as “awe,” “repentance,” “forgiveness,” and “atonement.” And yet, precisely as the day begins, we awaken the emotion of joy.

This is one of the deepest dimensions of the spiritual work of Yom Kippur. We are called upon to make our hearts upright – not merely to confess what we have done, but to remove the crookedness that has taken root within us over the course of the year and return to our own true and authentic selves. When the heart becomes upright, joy does not need to come from outside. It emerges naturally from within. As Rabbi Nahman of Breslov taught: “Joy is in the heart, and one whose heart is crooked cannot rejoice.”

What is this joy of the heart, and how do we make the heart upright?

The answer lies in a person’s yearning to cleanse himself of his sins and draw close once again to his spiritual roots. It means no longer dwelling on the calculations, labels, and everything else that has distanced him from himself and from his Creator, but simply rejoicing in the privilege of being Jewish and in the extraordinary opportunity he has been given to cleanse himself of all the dirt and grime that have accumulated throughout the year and begin anew.

When a person straightens his heart and prepares himself to become a worthy vessel for receiving the holiness of the day, he experiences a simple, pure joy – a joy that reaches into the deepest chambers of the heart.

Yom Kippur gives us the opportunity to make that same inner journey: to return from crookedness to uprightness, from heaviness to freedom, and from distance to connection.

And then we discover that the joy we searched for throughout the year was never far away. It was there all along, lying deep within the heart, simply waiting for us to make room for it. ■

The writer is rabbi of the Western Wall and holy sites.

This post was originally published on here. 

Yom Kippur is a personal and solitary experience. We descend into the chambers of our personality and search for what we spend the year avoiding. We confront weaknesses we would rather ignore and habits we have learned to excuse. 

We peel away layers of ego, conceit, self-deception, and artifice, stripping ourselves down to something exposed, genuine, and vulnerable. 

Without our usual protections, we search for painful truths and hope to summon the courage to become different.

Yom Kippur is the night journey of the soul. For one day, distractions recede, and we confront who we are, what we have failed to become, and the brevity of our lives against the backdrop of eternity. Few images capture Yom Kippur more powerfully than a person bent over a machzor (prayer book), quietly reciting its catalogue of sins.

Yet Yom Kippur is also a time for collective repentance. For the first time in 2,000 years, we live as a sovereign Jewish nation, and just as individuals must examine themselves, so must a nation. 

An individual clothed in an Israeli flag recites the Yom Kippur vidui prayer, beating their chest.  (credit: COURTESY MOSHE TARAGIN)

The past three years have tested us severely, and we have responded with faith, courage, and resilience. But admiration for what we have achieved cannot exempt us from honest self-examination. As a people, we too have sins to confess.

Collective vidui (confession) is inevitably personal and subjective. Yet there are failures that we as a people should be willing to confess on Yom Kippur and address through our collective teshuva (repentance).

The sin of spiritual bewilderment

One of the sins listed in the machzor is timhon levav, a bewilderment or confusion of the heart. During these years, we have sometimes wondered obsessively about God’s decisions and His providence, without allowing sufficient faith to steady us. 

Under the strain of war and uncertainty, pessimism about the future of our people and of the State of Israel has crept in, weakening confidence in a destiny that God has promised us. We have witnessed remarkable victories, made possible by the courage and heroism of our defense forces. 

Have we also sufficiently thanked God and recognized His hand in those achievements?

The sin of historical inattention

We are living through history. The October 7 Hamas-led massacre is an event that will shape, and should shape, the remainder of our lives. We will tell its story to future generations, much as Holocaust survivors were charged to preserve what they witnessed. 

Yet it is possible to live through history without absorbing its meaning. We can remain absorbed in our own stories even while the larger story of Jewish history is hurtling forward around us. 

Have we sufficiently taken the measure of this moment, or have we retreated too quickly into our own private lives? 

The sin of numbness

Our society is exhausted. Three years of war have left us carrying grief, anxiety, and disrupted lives. The news cycle has been dizzying, with one major event barely settling before another arrives. Being tired is no sin. But prolonged exhaustion can quietly become numbness. 

Have we begun, simply from sheer fatigue, to stop feeling what once would have shaken us?

The sin of taking sacrifice for granted

The burdens of this war have not fallen equally. Some have endured losses and sacrifices almost impossible to imagine. Their heroism can never become part of the background scenery of war. Bereaved families, wounded soldiers, reservists and their families, and everyone who has carried a heavy burden deserve our gratitude, compassion, and support. 

Have we embraced them with the love they deserve?

We must also be extraordinarily careful when speaking about their experiences. Pain is intensely personal, and even well-intentioned words can wound when they are careless or insufficiently sensitive. 

Have we always chosen our words carefully enough? Have we sometimes spoken too casually about sacrifices we ourselves were not asked to make? And have we ever diminished someone’s pain simply because others have suffered more? Suffering does not have to be the greatest suffering to deserve our sympathy.

The sin of ideological overconfidence

The war and its aftermath have resurfaced tensions already simmering within our nation. We have slipped back into some of the social strife and divisiveness that troubled us before October 7. Positions have hardened around questions that touch the heart of Jewish identity and the meaning of life in the modern State of Israel.

Conviction is necessary, particularly when the issues are serious. But conviction can also harden into overconfidence. We should ask whether we have left enough room for the possibility that our positions may be mistaken, or at least incomplete. Have we rushed to defend our convictions without examining their weaknesses and limitations? 

Matthew Arnold quotes Bishop Wilson’s warning that we should follow our “best light,” but also take care that our “light be not darkness.” A measure of intellectual humility would not erase our convictions, but it might soften some of the divisions battering our society.

The sin of reckless language

Even amid profound ideological divisions, our language demands greater care. The issues dividing us are painful and touch deeply held values. Too often, though, we escalate rather than speak with restraint, respect, and nuance.

At times our language has become outrageous. Calling another Jew a Nazi displays historical myopia and is deeply disrespectful to Holocaust victims. A Jew who can call another Jew a Nazi has revealed a profound rupture in his own Jewish identity, peoplehood, and historical consciousness. 

That historical crime corrupts anything further he has to say on the subject and renders it irrelevant.

Similarly, casually branding another Jew an antisemite distorts both Jewish history and the bonds connecting us as a people. We can believe another Jew’s position is profoundly mistaken, even dangerous to the Jewish future, without reaching for language that casts him outside our shared story.

Language, language, language. Perhaps no failure has contributed more to the escalation of our internal divisions. Words can intensify conflict and leave wounds long after the argument has ended.

The sin of forgetting our shared destiny

We conclude Yom Kippur by dreaming of L’shanah haba’ah b’Yerushalayim, longing for the day when the Jewish people will gather in a redeemed Jerusalem. That shared destination should shape the way we look at one another now. 

Despite our differences, we share a common past and destiny. When we forget that, we begin to treat one another as if we do not belong to the same people. Even when we disagree deeply, we remain partners in the same covenant and travelers toward the same redemption.

As we bend over the pages of the machzor and recite our catalogue of private sins, perhaps we should also imagine another book open before us: the book of Jewish history. We are living through one of its most consequential chapters, and we are helping to write it.

Some of the sins that belong to this book are not found explicitly in the machzor. They are written into the way we live our moment: how we speak, how we disagree, how we carry the pain of others, how we recognize God’s hand, and how faithfully we remember our shared destiny. 

On Yom Kippur, God examines the hidden chambers of each individual heart. Perhaps He also examines the character of the people we are becoming together, and the way we are writing this chapter of His people’s history. ■

The writer is a rabbi and educator at Yeshivat Har Etzion (Gush). Find his latest book, Echoes of Rashi: Bereishit at mtaraginbooks.com.

This post was originally published on here. 

I was 8 years old, sitting at dinner with my grandparents, watching Gong Gong’s face turn bright red after a few sips of yellow wine. He loved making me laugh, and though he enjoyed his drinks, I think he liked my reaction even more.

Over a decade later, I would recognize the same alcohol flush reaction at parties and happy hours in some of my East Asian friends, and in myself. A few of these friends took histamine blockers like Pepcid AC before going out, hoping to hide the anticipated redness. Once, I watched someone keep drinking through the flush to prove they had a higher tolerance than what their body was communicating.

Read the rest…

This post was originally published here. 

There are more men sitting in my plastic surgery waiting room now than ever before. If I had to choose one word to describe the men I see today, it would be “influenced.”

Procedures on men in the U.S. have grown by 4%, a rate that makes men the fastest growing population in aesthetics. In 2024, men underwent 1.6 million minimally invasive cosmetic procedures and almost 100,000 surgical procedures in the United States.

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This post was originally published here. 

HEIBAN DISTRICT, Sudan — For more than a decade, medical missionary Tom Catena has run the largest hospital in the Nuba Mountains, a rugged territory the size of Austria, most recently in the midst of a brutal civil war.

There is no oncologist on staff at Mother of Mercy, but as the war destroys much of the country’s health care system, patients like Fatouma Mahdi Ahmed Saeed, who has cervical cancer, keep turning up at his door.

Read the rest…

This post was originally published here. 

Across medicine, doctors are increasingly using artificial intelligence models to predict patient risk, from sepsis to falls to death. Often embedded directly into electronic health records, these predictions can be easy to incorporate into care — and their performance can be easily taken for granted. 

James Deardorff, a geriatrician and assistant professor in the division of geriatrics at the University of California San Francisco, has developed several models that aim to make predictions for older adults, from mortality to the need for nursing home care. In geriatrics, he says, it’s important for clinicians to be aware of both the performance of an algorithm — including in subgroups like older patients — and how to responsibly use its output.

This month, Deardorff penned a commentary on a large analysis of Epic’s proprietary end-of-life prediction model published in JAMA Network Open, highlighting how a model can contribute to a poor outcome even if it’s accurate. If a patient’s one-year mortality prediction is used to prompt an open-ended conversation about the goals of care, he and his co-author wrote, there are few downsides. But if it’s used to inform a higher-stakes decision like transplant priority, the impacts could be profound. 

Continue to STAT+ to read the full story…

This post was originally published here. 

As the CEO of a nearly 1,000-person workforce spread across 60+ countries, I thought a
four-day workweek made sense for my company, so I tried it. And it didn’t work.
Leading a globally distributed workforce means I’m constantly thinking about how and
where people work. In theory, the idea of a four-day workweek was aligned with how our
company operated, and it seemed like a natural experiment. Our employees already
worked across different time zones, countries, and workweeks, and we’ve long believed
people should be measured by what they deliver, not by how many hours they spend sitting
at a desk.

The idea started from a simple premise: Could we give people more time back, create a
better employee experience, and still deliver the same or better outcomes for our
customers and the business?

For several employees, that answer was a resounding yes. However, as the experiment
matured, I started to see that what felt flexible to one employee was restrictive to another.
The reality is that people’s jobs and personal circumstances are different. Some
employees loved the four-day structure, and some still work that way today. For others,
having everybody work the same four days wasn’t particularly flexible at all.

As we listened to our people and looked at how different teams and roles operated, it
became apparent that the four-day workweek wasn’t working equally well for everyone.
We had changed the schedule, but we hadn’t necessarily created true flexibility. If I tell you
exactly when you have to be flexible, that’s not really flexibility. We’d replaced one
schedule with another.

When flexibility gets less flexible

The lesson wasn’t that the four-day workweek had failed. It was that we had been asking
the wrong question. Instead of focusing on how many days people should work, we needed
to focus on what each role actually needed to deliver.

That’s when we changed the question. Instead of asking, “What is the flexible working
model for Safeguard Global?” we started asking, “How much choice can we give each
person over how they work while still delivering what the business and our customers
need?” That shift led us to what I call “optionality.”

Optionality is the new flexibility

Optionality is about giving people more choice in how they structure their work rather than
replacing one company-wide schedule with another.

If someone can meet the expectations of their role in four days, that’s great. If a five-day
workweek is better, that option remains in place. The same philosophy applies to where
people work. We’re overwhelmingly remote, but we maintain offices and coworking
options for people who want or need them. The point isn’t to eliminate structure. It’s to give
employees as much choice as the work allows. The moment you prescribe exactly what
flexibility has to look like for everybody, you start taking the flexibility out of it.

However, optionality only works if you have accountability. And that accountability needs
to come from the top.

Giving choice without losing accountability

Flexibility only succeeds when people know exactly what they are accountable for. If a
manager has to rely on hours worked or physical presence to determine whether someone
is performing, the organization may not have defined the right measures of performance
clearly enough.

In our case, we knew leadership had to set the framework, so we went role by role and
defined what people need to accomplish to meet our goals. Instead of asking managers to
focus on hours worked, we asked them to focus on whether people were delivering the
outcomes their roles required.

For a customer-facing role, that might mean improving a key customer relationship,
reducing recurring issues or tickets, or improving customer sentiment. The specific metric
will differ by role, but the principle is the same: Measure the outcome that matters rather
than using time or physical presence as a proxy for performance.

That required a shift in my own thinking as a leader, too. Giving people greater freedom
doesn’t mean becoming less demanding. In some ways, it requires leaders to be more
disciplined because you have to articulate what success actually looks like. That’s a much
healthier management conversation than trying to dictate when someone needs to be in
front of their computer.

It comes down to being incredibly clear about the outcomes you expect and then trusting
people to determine for themselves the best way to deliver those outcomes for the
business and your customers.

Stop designing flexibility from the top down

Four-day weeks, hybrid schedules, and return-to-office policies can all fall into the same
trap: Leaders decide what the ideal working model looks like, then expect employees to fit
themselves into it.

Companies are still figuring out what the workplace of the future looks like. I don’t think
leaders are going to figure it out by trying to predict the next workplace trend. Our
experience taught me something more useful: be willing to test an idea, pay attention to
what actually happens and change course when the reality doesn’t match the theory.

As a CEO, I don’t consider changing an approach a failure. The failure would be sticking
with something simply because it was decided that was the answer. The workplace will
keep changing. Our job as leaders is to keep learning with it. That’s optionality.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

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A rare early Christian gold amulet and a roughly 3,500-year-old stone seal bearing a hieroglyphic inscription were discovered during excavations by Turkish archaeologists, Turkish outlet Turkey Today reported in late July. 

According to Turkey Today, researchers from Bilkent University, the University of Chicago, and Bilecik Seyh Edebali University found the artifacts during the third excavation season at the Turkmen Karahoyuk archaeological site.

The Christian amulet, which is believed to date back to the fourth or fifth century CE, according to Turkiye Today, was found within a small copper container. 

Inside the amulet, archaeologists found a thin sheet of gold that is reportedly thought to carry a passage from the bible.

“Inside a copper box, we found an extremely thin gold sheet, only 0.1 millimeters thick, most likely carrying a passage from the Bible,” Turkey Today cited Michele Ruzgar Massa of Bilkent University as saying. 

A stone seal, two copper seals and a clay seal impression uncovered at Turkmen Karahoyuk are displayed together, July 26, 2026. (credit: screenshot/x/@anadoluajansi)

Amulet likely was a protective charm

Massa explained that the amulet likely belonged to a small child, and that “we can think of it as something like a nazar boncugu, a traditional evil-eye charm.”

Such amulets are rare, noted Massa, adding that a similar artifact was discovered in Germany.

The stone seal, which was also discovered at the site, bore hieroglyphic Luwian inscriptions, reported Turkey Today.

Luwian, also known as Luvian or Luish, is an ancient Anatolian language used during the Bronze and Iron Ages.

The inscription includes a personal name and an official title, which, Massa explained, indicates that it belonged to an individual who held a lower-ranking position in an organized state bureaucratic system.

The name on the seal is “Kurunti-ziti,” according to Turkey Today, related to the Hittite stag god and a guardian deity of the countryside, Kurunta.

Further, the discovery suggests that Turkmen Karahoyuk had functioned as a major administrative center at the time.

Two additional copper seals and a clay seal impression bearing a different name were also unearthed at the site.

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New satellite imagery from Vantor Technologies appeared to show the Iranian regime rapidly attempting to reconstruct the Taleghan 2 facility in the Parchin military complex, the Institute for Science and International Security stated on Thursday.

The facility is located approximately 30 kilometers southeast of Tehran. It was initially destroyed in Israeli strikes in October 2024, before being partially rebuilt starting in May 2025. Israel again struck it in March 2026 during Operation Roaring Lion, and it has been heavily damaged since.

The satellite imagery appears to show the regime having erected a tarp above the hardened buried facility, which has been tied to nuclear bomb testing as part of Iran’s AMAD program.

The tarp seems to be an attempt to hide reconstruction activity from satellite view or aerial reconnaissance, the institute assessed.

Satellite imagery showing Iran rebuilding the Taleghan 2 nuclear bomb testing facility southeast of Tehran, September 2026. (credit: Vantor Technologies and Institute for Science and International Security)

This assessment was boosted by significant activity being seen throughout the construction site, including various construction vehicles, such as dump trucks, bulldozers, concrete pump trucks, concrete mixers, and cranes being seen at the site in the latest satellite imagery.

The “repair and rehabilitation work began in June,” the institute stated.

The first step Iran took in its reconstruction project was to repair and place concrete caps over penetration holes caused by bunker-buster heavy bombs dropped on the facility, the institute said.

Iran reinforces nuke test facility with ‘concrete apron’ during reconstruction project

Iran also appears to have built a new “concrete apron reinforcement on the right side of the facility,” the institute said, adding that it will “provide additional blast protection from an aerial attack.”

“Significant questions remain as to Iran’s plans for the facility; not least is why Iran keeps rebuilding it,” the institute stated.

“What is clear is that Iran remains committed to rebuilding this facility, a deeply concerning development considering the long history of nuclear weapons research and development activities that occurred there,” it warned.

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Three people were killed in a school shooting in the southern Philippines on Friday, including the 16-year-old suspected gunman, with eight others injured, the town’s mayor said.

Four of the eight injured were in critical condition, and all the victims were students aged 14 to 17, Banga town mayor Albert Palencia told Reuters.

The incident follows two shootings since June at schools in the south of the country. School shootings were previously rare in the Philippines.

The Department of Education said it was deeply concerned over the reported shooting in Banga town in South Cotabato.

A student last month live-streamed himself shooting and killing another student in a classroom in Zamboanga before taking ‌his own life.

In June, at least three students were killed, and about 20 others were injured in an attack at a public high school in Tacloban, where two classmates opened fire on campus.

The Philippines has relatively strict gun ownership regulations, including background checks and psychological evaluation requirements, although illegal firearms remain in circulation.

The incident also follows a high-profile incident in Thailand in August, where a student went on a shooting rampage at a school on the outskirts of the capital, Bangkok.

This is a developing story.

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Saudi Arabia has conveyed through the Sultanate of Oman a new proposal to the Houthis in Yemen, including a two-week ceasefire and the opening of direct talks between Riyadh and the Houthi leadership.

According to the Lebanese newspaper Al Akhbar, which is affiliated with Hezbollah, the aim is first to discuss the Houthis’ humanitarian demands and then attempt to reach a comprehensive agreement by the end of the ceasefire period.

According to sources who spoke with the Lebanese newspaper, the proposal was formulated after a series of contacts Saudi Arabia held in recent days with the United States, Egypt, Pakistan, and the Sultanate of Oman.

The sources claimed that Riyadh sought to convey a message to the Houthis that it was interested in using the period of calm to “discuss addressing all humanitarian demands,” and afterward “reach a comprehensive agreement at the end of the truce.”

Oman, which has played a central mediating role between Saudi Arabia and the Houthis in recent years, was asked to deliver the proposal to Sanaa.

Men gesture in a screen grab from a video released September 11, 2026 and said to show Khaled bin Walid camp after Houthis captured the city of Mocha in Taiz Province. (credit: Al-Masirah TV/Handout via REUTERS)

Houthis escalate, seize areas around Red Sea coast

The report comes amid a sharp escalation in fighting in Yemen and rising tensions between the Houthis and Saudi Arabia. In recent weeks, Houthi forces have seized strategic areas along the Red Sea coast, while also carrying out attacks with missiles and unmanned aerial vehicles against targets inside Saudi Arabia.

Riyadh has accused the Houthis of attacking civilian and economic facilities in Abha, Khamis Mushait, Jizan, and Najran, as well as threatening commercial shipping in the Red Sea. In an official statement issued by Saudi Arabia last week, it was claimed that 73 civilians, including women and children, were injured in one of the waves of attacks.

US secretly holds talks with Houthis

At the same time as the Saudi contacts, secret talks were held over the weekend in Oman between US representatives and senior Houthi officials.

According to a Reuters report, the meeting took place at the US Embassy in Muscat with the assistance of the Omani government. The Houthis told the Americans that they intended to continue honoring the ceasefire reached with Washington in 2025 and that they did not intend to attack US vessels.

The Saudi move reflects an attempt to shift from a military channel to a diplomatic one as the fighting takes an increasing toll and also threatens regional trade and energy routes. According to Al Akhbar, Sanaa has not yet provided a final response to the proposal, and the Houthis continue to demand a comprehensive settlement that includes an end to the war, the lifting of the blockade, and addressing humanitarian demands. At this stage, Saudi Arabia has also not officially confirmed the details of the proposal published by the Lebanese newspaper.

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Lockheed Martin unveiled on Thursday details of a next-generation air-to-air missile developed to counter threats from ​China and a new agreement with the Defense Department to ‌boost production as the Pentagon rebuilds munitions stockpiles.

The war on Iran depleted US and allied missile stocks, spurring a push to rapidly acquire less ​expensive long-range precision-strike weapons.

The missile, known as the AIM-260 ​Joint Advanced Tactical Missile (JATM), has been developed in secrecy ⁠for years as the US military’s answer to increasingly capable ​long-range air threats from China. Lockheed said the weapon offers greater ​range and effectiveness than existing air-to-air missiles — an advantage against Chinese fighter jets like the J-20.
 
The AIM-260 will be used on stealth fighters like the ​F-22 Raptor and F-35.

An F-35 adir from 140 squadron take part in an Israeli air force air show during the graduation ceremony for soldiers who have completed the IAF Flight Course, at the Hatzerim Air Base in the Negev desert, June 29, 2023. (credit: OFER ZIDON/FLASH90)

“JATM is one of our nation’s most ​important air dominance capabilities, but because of the classified nature of the program, ‌it’s ⁠also a story we haven’t been able to tell,” Tim Cahill, president of Lockheed Martin Missiles and Fire Control, said in a statement. “We’re proud to finally talk about the extraordinary work ​behind this missile ​and how we’re ⁠working with the U.S. government to rapidly scale production.”

The first images of the weapon emerged in ​May and Australia has announced it will buy ​roughly $521 million ⁠worth of JATM missiles. The quantity and unit price were not disclosed.
 
The framework agreement lays the groundwork for a multiyear procurement contract ⁠aimed ​at strengthening the defense industrial base ​for the program. Lockheed said it would fund investments needed to boost output under ​the deal.

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American actor Matthew Lillard said that he felt “ashamed” for appearing in Scream 7 during a Q&A in Austin, Texas, after actress Melissa Barrera was fired from it for sharing pro-Palestinian posts online.

“She’s on the right side of history,” Lillard said. “The whole world should have popped up and said, ‘She’s right.’ And they didn’t. And that’s brutal.”

He described himself as being “on the wrong side of history” for appearing in the movie, saying, “I still like being in the movie, but it may not have been the best idea.”

He also referred to the ongoing controversy surrounding musician Ed Sheeran, who is facing heavy backlash after his opening act, rapper Macklemore, was dropped following pro-Palestinian remarks during a show.

Melissa Barrera visits Despierta America to promote Scream VI at Univision Studios on March 10, 2023 in Doral, Florida. (credit: John Parra/Getty Images)

Barrera dropped from horror franchise due to anti-Israel posts

Barrera was dropped from the Scream franchise in 2023 after making several Instagram posts condemning Israel for its treatment toward Palestinians in Gaza.

“Gaza is currently being treated like a concentration camp,” she wrote in one post, describing the situation as being both genocide and ethnic cleansing.

After her removal from the film, a spokesperson for production company Spyglass told Variety that “Spyglass’ stance is unequivocally clear: We have zero tolerance for antisemitism or the incitement of hate in any form, including false references to genocide, ethnic cleansing, Holocaust distortion, or anything that flagrantly crosses the line into hate speech.”

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Alex Zhavoronkov, co-CEO of the AI drug discovery startup Insilico Medicine, dresses the same way at all his public engagements: a black padded vest with a small white badge that keeps count of the company’s clinical pipeline.

When Fortune sat down with him in Hong Kong in July, he made sure to point out the badge’s latest revision: a small circle beside “Phase 3.”

The badge is a provocation as much as a point of pride. “My China team loves it,” he said. “In other geographies, they absolutely hate it, because displaying something like this means you have to compete.”

Just a few days earlier, Insilico had announced that rentosertib, its drug for idiopathic pulmonary fibrosis, a fatal lung-scarring disease that leads to breathlessness and coughing, would start Phase 3 trials in China. Insilico used AI to both identify the disease target and develop the molecule to treat it; it claims it’s the first such AI-discovered drug to make it to large-scale clinical trials. (The first patient in the trial was dosed on Sept. 10.)

The news has only kept building from there. On Sept. 7, Insilico published a study in Nature Biotechnology reporting that some blood samples from 42 rentosertib patients showed signs of reversed biological age. 

Insilico executives cautioned that the effect is small, and may not be sustained over a longer period of time. Yet it’s still among the first clinical hints that a drug invented by AI might slow, or even reverse, aging. “We believe aging is related to fibrosis. When people get old, there’s more and more fibrosis happening,” co-CEO Feng Ren told the Fortune Leaders Forum in Macau on Sept. 8, the day after the study’s publication. (Fibrosis refers to an excessive buildup of scar tissue). “ If we can stop the fibrosis, then we might have a chance to stop biological aging.”

Insilico is also trying to shape how AI’s usefulness in longevity research gets measured. On Sept. 17, it launched LongevityBench, a test of large language models’ grasp of aging biology; in a study featured on the cover of Cell, the company said smaller, aging-trained models beat several frontier systems on the new metric.

That leaves Insilico running the drug industry’s most consequential experiment–or, more accurately, three of them. First, whether an AI-discovered molecule can survive a Phase 3 trial; second, whether AI drug discovery can make money; and finally, whether China, rather than the U.S. or Europe, is the new home of biotech innovation.

‘We never expected it to succeed’

Insilico was founded in 2014 amid a wave of startups inspired by the same idea: Use AI to identify a target for a particular disease, and then rapidly generate and test possible molecules to see what might be effective. 

Much of the hype since that time had faded. “Our cohort is now a graveyard,” Zhavoronkov told Fortune. He admitted he, too, made some wild claims, with the one he regretted most being his argument that “AI was going to replace medicinal chemists.”

Yet in 2019, Insilico showed its algorithms could design new molecules and validate them in mice within 46 days. That success led to a new anti-fibrosis target and the molecule designed to hit it. “We thought the probability of success was less than 1%, so we started shooting a documentary as a postmortem,” Zhavoronkov said. “We never expected it to succeed.” 

That molecule became rentosertib, now the most successful of Insilico’s AI-discovered drugs. Yet the startup has another drug—an experimental treatment for ulcerative colitis—in Phase 2 trials, and a further eight drugs in Phase 1 trials, mostly for various cancers. 

Insilico is running its Phase 3 trial in China, a choice Zhavoronkov attributed to the sophistication of Chinese regulators. “They brought in a lot experts, and it felt as though they knew my drug better than I did,” he said. “That shows you something about the Chinese regulators: They knew not only my drug, but all the other drugs.”

After 2015, China grew its reviewer corps by ten times in order to clear a lengthy application backlog and become an innovator in the pharmaceutical sector. Average review times for drugs fell from 900 days before the reforms to 300 by 2019. 

“In China, they look at the big picture,” Zhavoronkov added, noting that Chinese regulators were primarily focused on seeing measurable improvements on survivability, and accepted some uncertainty about safety. “The Chinese regulators understood the mechanism and the novelty, and they gave us a roadmap,” he said.

Making a profit

Insilico has reached another milestone: It’s profitable. The startup earned $35.5 million in net profit for the first half of 2026.

Zhavoronkov took over as Insilico’s chief business officer last year. “I did not expect to be in this position at all,” he said. “But I realized I could actually do a better job, because it’s not about relationships. You have to sell scientific data; you cannot sell a drug based on a handshake.” He put scientists in charge of business development and built an automated portal for inbound inquiries. 

The result has been a flurry of deals, including a partnership with Eli Lilly worth $2.75 billion, another with South Korea’s SK Biopharmaceuticals worth $2.5 billion, and another with Takeda Pharmaceuticals worth $600 million.

Yet he argued that Insilico’s China deals, like its $120 million deal with Qilu Pharmaceutical, are not getting enough attention. “China is going to be 10 Japans,” Zhavoronkov predicted. “As people get wealthier, they will demand newer, better drugs—in metabolism, pain, fibrosis, neurology, inflammation, and other areas. They will demand more novelty, and regulators are likely to reimburse a little bit higher.”

Once dismissed as copycats, Chinese drugmakers make up a fast-rising share of the global drug pipeline, and out-licensing deals with non-Chinese companies totaled $136 billion last year, a record.

Zhavoronkov said Insilico is now pursuing a “China-for-China” strategy, where Chinese resources and talent are used to develop products for the Chinese market. “All my competitors right now are in China,” he said. “These are companies that used to be vitamin C vendors or traditional Chinese medicine vendors, and suddenly they are developing innovative therapeutics at scale.”

These companies are fiercely efficient at scaling low-novelty drugs, yet avoid the truly innovative treatments as too risky. That’s where Insilico comes in. “They come to me and say, ‘Alex, we want a novel drug, and we don’t know how to do it, but you have a better one. Can we license yours?’” Zhavoronkov said. “I will license to them—and I will license cheaply—because I know they can develop it faster, cheaper and better.”

China also offers speed. “It’s a month in negotiations, not nine months” Zhavoronkov said. “They are not on vacation every second week, and they do not have work-life balance,” he added.  “They have life-life balance.”

Yet while Insilico’s AI drugs are getting most of the headlines, Zhavoronkov is already turning to the other side of the business: AI.

In January, Insilico launched the MMAI Gym, which fine-tunes models like OpenAI’s GPT, Anthropic’s Claude and Alibaba’s Qwen on the language of molecules—from medicinal chemistry to clinical development. “We decided to become a coach instead of a player,” he explained.

“We did too much work on drugs. Now it’s time for us to release the AI.”

Longevity and healthspan

Longevity has become a hot topic in Asia, particularly as the region’s population ages rapidly. Officials and healthcare executives now talk of extending healthspan–or the amount of time a person spends in good health. 

Yet there’s a discomfort at the heart of the longevity discussion. Old age and, eventually, death have been an equalizer: Rich or poor, everyone gets old, and then dies. But if treatments to increase lifespan and healthspan really do emerge, will wealthier people get to escape the downsides of old age, while poorer people end up suffering through ill-health?

Yet Zhavoronkov brushed off the concern that longer, healthier lives will become a luxury for the rich. “Wealth is already a major source of longevity inequality,” he said. “We are sitting in Hong Kong, a city with the highest life expectancy in the world, predominantly because people are filthy rich.” 

He pointed to the falling cost of GLP-1 weight-loss drugs—about $2,000 a month at launch, roughly $400 in a Hong Kong pharmacy, and about $80 across the border in Shenzhen—as proof that scale will eventually make such treatments affordable. “I actually think longevity therapeutics are going to fix inequality.”

Whatever happens with Insilico’s ventures—whether in treatments or in AI—Zhavoronkov expects to be judged by an unusual audience. 

“I treat media as a way to talk to the future AI bot that remembers everything,” he said. “Whatever you write today will be remembered by that AI in the future.”

In Fortune’s “Asia Agenda” column, released at least twice a month, we speak with Asia’s top business leaders about how they are building for the future and the lessons they’ve drawn from leading companies in one of the world’s fastest growing and most dynamic regions. Explore all of our profiles here.

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The midterms are six weeks away and Republicans are walking a fine line between meeting constituents in opposition to data center growth and agreeing with the president who continues to advocate for them. Now there seems to be another wrinkle to the ongoing data center backlash: the release of “forever chemicals” into the air. 

A new report from chemical watchdog ChemSec found that most of the world’s biggest PFAS producers are expanding their capacity thanks to AI infrastructure. PFAS, also known as “forever chemicals,” are being used to handle the enormous amounts of heat generated from data center equipment. The report found that major chemical producers—including Japanese conglomerate Daikin, French materials manufacturing company Arkema and American chemical company Chemours—are increasing PFAS production thanks to growing demand from semiconductor and data center industries. This stems from three main demand sources: data center cooling, semiconductor manufacturing and lithium-ion battery materials.

It seems to be a catch-22 from a noted criticism of data centers: water usage. Newer cooling systems in these facilities are using fluorinated chemicals that include PFAS instead of water. The world’s biggest makers of “forever chemicals” pulled in roughly $4 billion in profit in 2022, against an estimated $17.5 trillion a year in societal costs—healthcare, cleanup, contaminated water—according to an earlier 2023 analysis by ChemSec.

Thanks to the AI boom spurring data center development, the need to mitigate the effects of heat stemming from equipment may also drive up that demand for PFAS. This, while data center development continues growing: a 2026 study from the commercial real estate trade association BOMA found data center facilities accounted for nearly 46% of private construction last year, compared to less than 5% a decade ago. The actual dollar value of data construction spending exploded as well: from $1.8 billion in 2014 to $41.1 billion last year, per Statista.

https://www.datawrapper.de/_/is2pv

The materials needed in the AI race

“Forever chemicals” are highly resistant to heat. That makes the chemical-bonded substances particularly useful in many common consumer products such as food packaging, stain-resistant sprays and firefighting foam. Due to the strong chemical bond of PFAS, it doesn’t degrade easily—making it dangerous for both humans and nature when exposed. That makeup also makes PFAS desirable in semiconductor manufacturing, industrial equipment and cooling systems, but that durability is also what makes their environmental, and health, footprint hard to cover.

In fact, that chemical durability is showing up in our lives. Data from the National Health and Nutrition Examination Survey found PFAS in the blood of 97% of Americans.

According to the ChemSec report, Chemours produces or uses more PFAS substances than any other on ChemSec’s list, per ChemSec’s SIN Producers database. The study also found the company is developing products intended for data center cooling as it expands its production of PFAS refrigerants. ChemSec estimates between half and two-thirds of Chemours’ $5.8 billion revenue comes from PFAS production. Daikin also plans to triple its PFAS capacity in response to semiconductor demand, according to the report, just as Arkema begins expanding production in North America and in Asia.

Data center cooling has already become a battleground. In July, 17 environmental organizations submitted a letter to the EPA to reject Chemours’ application to fast-track a new PFAS chemical—Opteon 2P50—for use in data center cooling. The groups argued that Chemours had underestimated the compound’s potential health and climate risks, and that the available toxicological evidence was insufficient.

“A hyperscale data center can contain hundreds of tanks, totaling tens of thousands of liters of dielectric fluid,” the letter read. “If even a small fraction of the Opteon 2P50 used in a large data center leaks, it would result in a significant release of PFAS gases. And when cooling tanks need to be replaced, large amounts of Opteon 2P50 will be disposed or released, increasing the risk to the public and the environment.”

Chemours has denied these concerns according to a report from The Guardian. The company said the system operates as a “closed loop” and the amount of gas escaping during operation is low. The chemical corporation has also continued moving forward in its data center cooling process, launching new refrigerants in August.

“AI is reshaping the demands placed on cooling infrastructure, and customers need solutions that can keep pace without compromising efficiency, reliability, or long-term regulatory readiness,” Joseph Martinko, President of Thermal & Specialized Solutions at Chemours, said in a press release. “Chemours is expanding the choices available to chiller OEMs and operators as they build and maintain the critical systems powering data centers, commercial buildings, and other mission critical environments, while further strengthening our position in attractive, high-growth cooling applications.”

Chemours did not immediately respond to a request for comment from Fortune.

French citizens have also filed a lawsuit against Arkema and Daikin on PFAS pollution allegations in January as well, citing concerns of “chemical valley.” The lawsuit included 192 citizens and four environmental organizations.

Arkema stated it “will defend itself before the court against the allegations contained in the summons,” and has separately pushed back on related contamination claims. Daikin said it has “accelerated its investments” since 2022 to better control its PFAS emissions.

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How many people in Israel, or even around the world, could name the winner of the Special Jury Prize at the Venice Film Festival last year? Probably almost no one.

Venice is one of the world’s most prestigious film festivals, but it is an industry event – a place where filmmakers, directors, and producers showcase their latest projects, generate buzz, and hope that distributors and critics take notice. Most of what happens there never reaches the wider public.

Then came NAZA, the documentary by Israeli journalists Yuval Abraham and Rachel Szor that won the Special Jury Prize at Venice this weekend and almost immediately became the center of a political and public storm in Israel.

The film examines allegations surrounding Israeli military targeting in Gaza, including anonymous testimony from purported soldiers and intelligence officers claiming that the IDF permits “mass killing” with AI-powered tools.

And if the goal of the Israeli officials attacking the film was to prevent people from seeing it, they accomplished exactly the opposite. Culture and Sports Minister Miki Zohar’s announcement that he would seek to revoke the filmmakers’ citizenship only increased the world’s attention to the film. He can be sure that now viewer numbers will go up exponentially.

Directors Yuval Abraham and Rachel Szor, and crew pose during a photocall for the documentary ''Naza'' in Competition, at the 83rd Venice International Film Festival, in Venice, Italy, September 10, 2026.  (credit: REUTERS/YVES HERMAN)

What Zohar fails to understand is that this is not the way to counter the false allegations raised in the movie. Like Zohar, and almost everyone else attacking the film, I have not seen it (it is not available yet in Israel), and so it is hard to start to dissect the details.

Nevertheless, we can argue about the general way the IDF fights – in my view, in one of the most humane ways in modern warfare – and against the perverse claims of genocide that have been leveled for the last three years against Israel.

In other words, you can hate the film, believe it is distorted, unfair, or even defamatory. You can challenge every allegation and even take the filmmakers to court and sue them for libel. But threatening to strip Israelis of their citizenship because they made a film critical of their country is something else entirely.

Not only does such a move not make Israel look stronger, but it creates the impression that we have something to hide and are afraid of criticism. It makes it seem like we fear to stand up for our truth and what we believe in.

Doing this undermines one of the basic values Israel has always insisted distinguishes it from its enemies: that as a vibrant democracy, we allow people to say things that the government – and many citizens – might find outrageous.

This is not how a side confident in its case should behave. Someone wants to make a movie accusing the IDF of war crimes? Then fight back. Explain why the claims are wrong. 

Show how the combatant-civilian ratio is historically low when compared to any urban warfare conflict with remotely similar conditions. Produce a film showing your truth and the other side of what happened in Gaza. Make the case. But don’t try to silence the criticism. Confront it head-on.

But the political response was only one part of the problem. Then came the IDF’s response.

Chief of Staff Lt.-Gen. Eyal Zamir ordered the establishment of a multidisciplinary, interorganizational team led by the head of the IDF Planning Directorate to develop ways to counter what the military described as false allegations against the IDF and its soldiers.

I read that announcement and had one question: Where has Zamir been for the last three years?

Did nobody in the IDF, the Prime Minister’s Office, or the Foreign Ministry read an American or European newspaper over the last three years? Did nobody watch CNN or the BBC? Did nobody see the way Israel and the IDF were being portrayed around the world?

Now, because of a movie, the IDF is creating a multidisciplinary team? This should have been done years ago. Israel needed a coordinated effort to collect facts, release information, quickly investigate accusations, and challenge false claims in real time. 

A responsible country doesn’t wait for a movie to come out before realizing it has an information problem. It identifies the problem early on (the massive protests around the world should have helped them wake up) and builds the tools needed to confront it.

But even if Israel had handled the public diplomacy surrounding the war perfectly, NAZA would still raise a deeper and far more uncomfortable question – one that Israelis need to confront regardless of whether the movie itself is accurate, distorted, or something in between.

It is a question about Gaza itself.

A few months into the war, in a meeting with a senior executive at one of Israel’s leading television stations, I asked her a simple question: Why don’t we see on the evening news what is happening inside Gaza? She answered that we did, since almost every night there was footage from IDF operations there.

I explained that what I meant was not what the IDF was doing in Gaza but what was happening to Gaza.

To her credit, she paused before answering.

“We have limited time on the news,” she said. “We have hostages, dead soldiers, evacuees from the north and the south, and protests across the country. We can’t show everything.”

I was not arguing that Israeli television had some ideological obligation to generate sympathy for Gaza. My point was simpler: Israelis were forced into a war that they did not want and were now fighting in one of the most just wars in the nation’s history. 

In addition, what was happening in Gaza was Hamas’s fault. They embedded themselves in civilian infrastructure since they wanted Israel to attack and kill as many civilians as possible. It was for this reason that Israel, for almost 20 years, held back from launching such an operation despite fighting a conflict almost every two years since the withdrawal from the Gaza Strip in 2005.

But none of that meant that Israelis should ignore the full scope of the war. We can believe that Israel was 100% justified in responding the way it did to October 7 and in fighting Hamas with the aim of its elimination, while also recognizing the consequences of that war. 

To understand the conflict we are fighting, we also need to understand what it has done to the people living on the other side. War is terrible. That we know. It is why we tried for so long to avoid it. But understanding a war means looking not only at why it was fought and what our soldiers were asked to do, but also at what happened as a result.

Importance of recognising the suffering of the other side

Our sympathy will obviously be first and foremost for ourselves. That is the way it should be. But that does not mean we should ignore what is happening on the other side, including the pain and suffering there as well. That, too, is part of the story.

Recognizing that does not mean accepting the accusations against Israel. It does not mean agreeing with claims that Israel committed genocide or deliberately targeted civilians. I have repeatedly explained why I believe those accusations are baseless and false.

But rejecting those accusations does not require us to deny what happened in Gaza. It simply means recognizing what happened.

We can believe that the war was forced upon Israel by Hamas and that Hamas bears responsibility for the devastation because of the way it fights and embeds itself in civilian infrastructure. We can believe that after October 7, Israel could no longer tolerate a genocidal terrorist army on its border with a declared desire to carry out another massacre.

We can remain committed to the mission that has yet to be accomplished to ensure that Hamas no longer exists and at the same time, we can look at what happened in Gaza and acknowledge the tragedy.

Those two thoughts can coexist.

In many ways, that tension helps explain why NAZA has touched such a raw nerve. Whatever one thinks of the film itself, it forces Israelis to look directly at something that, as a society, we have largely managed not to look at for nearly three years.

Our own suffering has understandably dominated our consciousness since October 7. We suffered the worst massacre of Jews since the Holocaust, saw entire communities destroyed, people killed in the worst ways known to man, and hostages starved in complete darkness inside tunnels.

That trauma is real. But recognizing what subsequently happened to civilians in Gaza does not diminish it. It does not create some moral equivalence between October 7 and the war that followed. It simply requires us to look at the full picture.

Part of the reason that has been so difficult is leadership. Israeli political leaders do not speak publicly about Palestinian suffering during the war. Even acknowledging it is viewed as an admission of guilt rather than a recognition of the human consequences of war.

But leadership is only part of the explanation. There is another reason Israelis have struggled to look at Gaza: For much of the public, the war does not feel over.

All of the hostages, living and dead, have returned home, but Israeli soldiers remain deployed in Gaza, and Israeli strikes continue. Hamas has yet to disarm, and significant parts of President Donald Trump’s 20-point plan for Gaza remain unfinished. The objective of the war – Hamas’s destruction – has yet to be met.

As a result, the wound of October 7 therefore remains open, and when your own wound is still open, it is difficult to look at somebody else’s.

But eventually Israel will have to. Part of recovering from October 7 will mean confronting what was done to us: the failures that allowed the attack to happen, the trauma that followed, the lives that were lost, and the damage this war inflicted on Israeli society.

Recovery will also require something else: the confidence to look honestly at what happened on the other side without believing that doing so somehow weakens our own story.

What it means is understanding that a country can believe deeply in the justice of its cause and still recognize the consequences of the war it was forced to fight.

Israel is strong enough to do both.

The writer is a co-founder of the MEAD Forum, a senior fellow at the Jewish People Policy Institute, and a former editor-in-chief of The Jerusalem Post. His latest book (with Amir Bohbot), While Israel Slept, is a bestseller in the United States.

This post was originally published on here. 

When a film accuses Israel of calculated mass killing, wins the Venice Special Jury Prize, and receives a nearly 25-minute standing ovation, we should examine not only the screen, but who produced it, which investigations it relies on, and who funded the organizations behind them.

In other words: follow the money.

NAZA, directed by Israelis Yuval Abraham and Rachel Szor, is listed by the Venice Biennale as a production of The Guardian and JW Films. The festival synopsis says the film reveals systems behind what it calls Israel’s “calculated mass killing of Palestinian civilians in Gaza.” 

The filmmakers state that many revelations were first published by The Guardian with +972 Magazine and Local Call.

The film relies on 24 anonymous Israeli military and intelligence personnel whose identities are concealed, faces obscured, and voices altered. Viewers cannot independently determine their positions, what they witnessed, or whether they were positioned to know the strategic decisions they describe.

Directors Yuval Abraham and Rachel Szor, and crew pose during a photocall for the documentary ''Naza'' in Competition, at the 83rd Venice International Film Festival, in Venice, Italy, September 10, 2026.  (credit: REUTERS/YVES HERMAN)

The IDF categorically rejected the allegations, saying it could not verify the identities, roles, or relevant knowledge of the anonymous sources and disputing claims about how targeting decisions are made.

But the journalistic ecosystem behind the film also deserves scrutiny.

+972 Magazine is published by the nonprofit 972 Advancement of Citizen Journalism. The same nonprofit co-publishes the Hebrew-language Local Call (Sicha Mekomit), with Just Vision. Both publicly describe this partnership.

Now follow the financial trail.

According to +972’s donor disclosures, Local Call received Open Society Foundations grants every year from 2018 through 2024, totaling $562,900.

Open Society Foundations were founded by George Soros, who, according to the organization, has given them more than $32 billion of his personal fortune since 1984.

The documented chain is real, but must be described precisely: Soros founded and financed Open Society; Open Society granted hundreds of thousands of dollars to Local Call; and NAZA, according to its directors, draws partly on investigations published by Local Call, +972 Magazine, and The Guardian.

That does not prove Soros, Open Society Foundations, or another donor directly financed NAZA. I have seen no evidence of such a link. Nor does funding itself prove journalism false.

But funding and institutional context are not irrelevant.

Open Society has also taken clear public positions on the Israel-Hamas War. On November 1, 2023, it unequivocally condemned Hamas’s October 7 attack, calling its cruelty heartbreaking and inexcusable.

In the same statement, however, it said Israel’s campaign was becoming “increasingly indiscriminate” and argued that restrictions on electricity, water, fuel and food, together with bombing, were likely to be judged as collective punishment.

In December 2023, Open Society published a fact sheet saying it supports human-rights organizations documenting what it describes as Israeli abuses and advocating accountability, alongside policy and civil-society groups.

It reported providing $14.3 million in 2023 to groups working on Israel and Palestine, excluding an additional $3.3 million emergency commitment after October 7. The Foundations also say they do not support Hamas and their grantees are committed to nonviolence.

On May 20, 2024, Open Society welcomed the ICC prosecutor’s decision to seek arrest warrants for senior Israeli and Hamas leaders, calling it an important first step toward accountability.

These are Open Society’s own published positions. They do not establish that the Foundations dictated the editorial line of Local Call, +972, or NAZA, but they are relevant context when audiences assess reporting that later becomes the basis of a major international documentary.

Follow the testimony. Follow the credits. And follow the money.

Then ask what has been pushed to the margins: October 7, 2023.

Hamas and other armed groups invaded Israel, murdered about 1,200 people, and abducted around 250. Families were slaughtered in their homes. Young people at the Nova festival were hunted down.

A UN mission led by Pramila Patten later found reasonable grounds to believe rape and gang rape occurred during the October 7 attacks in several locations, and “clear and convincing information” that hostages were subjected to rape, sexualized torture, and other forms of sexual violence.

Yet the horror that began this war is pushed to the margins while Israel’s military response is placed under a microscope.

Civilian deaths in Gaza are tragic. Every innocent child who dies is a catastrophe, and Israel must investigate suspected violations. 

But there is a fundamental moral and legal distinction between deliberately murdering civilians and attacking a military target while facing a foreseeable risk of civilian casualties. Assessing possible civilian harm before an attack is not, by itself, proof of an intention to murder civilians.

In my view, NAZA takes an extraordinarily complicated battlefield and compresses it into a devastatingly simple accusation: civilians died, therefore Israel intended to kill them.

That may be powerful propaganda. It is not a serious description of war.

Because these accusations come from Israelis, their international power is multiplied. The social-media takeaway will not be: “Anonymous Israeli sources make allegations disputed by the IDF.”

It will be: “The Israelis themselves admit it.”

Israel should respond with the truth

Israel’s answer should not be censorship. It should be truth – delivered faster, more intelligently, and more persuasively.

Israel must acknowledge Palestinian suffering without allowing October 7 to be erased, and investigate misconduct without accepting that killing civilians is state policy.

When films and investigations present themselves as fearless examinations of power, the public should apply the same scrutiny to them.

Examine the evidence. Examine the sources. Examine the producers.

And follow the money.

Because sometimes what is missing from the screen can be found in the credits – and in the financial reports.

The writer is the CEO of Radios 100FM, an Honorary Consul and vice dean of the Consular Diplomatic Corps, president of the Israel Radio Communications Association, and previously served as a monitor for Israel Army Radio and as a television correspondent for NBC News.

This post was originally published on here. 

Scientists have identified a new species of wild cat living in Bolivia’s cloud forests, the first new living feline species described in more than a century, according to research published Thursday in the journal Current Biology.

The small, spotted cat, named Leopardus tilcayo, lives in the Yungas forest on the eastern slopes of the Andes. The animal is smaller than an average domestic cat and bears dark, leopard-like rosettes across its light-brown coat, National Geographic reported.

Its path to scientific recognition began in 2016, when Bolivian biologist Paola Nogales-Ascarrunz received a call from the Senda Verde wildlife sanctuary about what staff described as an unusual cat.

A local man had reportedly found the animal as a kitten on a road near a forest and brought it home, initially believing it was a domestic cat. After about a year, its wild behavior convinced him to transfer it to the sanctuary.

Nogales-Ascarrunz, founder of the Bolivian Felids Research Program, initially believed the animal belonged to Leopardus tigrinus, one of a group commonly known as tiger cats. She photographed the animal extensively but did not immediately suspect that it represented a species unknown to science.

National Geographic Explorer Paola Nogales Ascarrunz, who led the research that identified Leopardus tilcayo as a new species, observes the cat at the Senda Verde animal refuge in the Yungas region, in Bolivia, September 1, 2026. (credit: Fernando Faciole/National Geographic/Handout via REUTERS)

Several years later, while preparing a guide to Bolivia’s wild cats, she noticed that the animal’s markings differed substantially from those of tiger cats found in neighboring Brazil. In particular, its rosettes appeared considerably larger.

That observation ultimately led Nogales-Ascarrunz and an international team of researchers to investigate its genetics. The scientists compared complete genomes from 38 animals belonging to the Leopardus genus, according to National Geographic.

The analysis placed the Bolivian animal on a distinct branch of the feline family tree and indicated that its lineage separated from related tiger cats roughly 1.4 million years ago.

The name was chosen in recognition of the people of the region

Researchers proposed the scientific name Leopardus tilcayo in recognition of the name people in the region traditionally used for the cat.

Nogales-Ascarrunz told National Geographic that when researchers asked residents why they called the animal “tilcayo,” they said the name had simply been passed down through generations. Its precise linguistic origin remains unclear.

Scientists currently know that the species inhabits Bolivia’s Yungas, a humid forest ecosystem where the Andes descend toward the Amazon basin. Beyond that, much of its biology remains unknown.

Separating one widespread animal into several species can have immediate conservation implications.

If a population previously considered part of a species distributed over a vast territory is instead recognized as an independent species confined to a limited habitat, its conservation status may look dramatically different.

“If you think [the tiger cat] is a single thing from southern Brazil all the way to Costa Rica, you’re going to find it’s not endangered,” Eizirik told National Geographic. “But if we find that it’s not a single thing, but actually five things, each of them must be assessed separately.”

Scientists do not yet know how many L. tilcayo individuals remain in the wild, making it difficult to assess its conservation status.

The discovery also shows why small wild cats can remain scientifically obscure even when local communities have long known they exist. Unlike lions, tigers and other heavily studied members of the cat family, smaller felids are often elusive, nocturnal and difficult to distinguish from closely related species.

For Nogales-Ascarrunz, the importance of the discovery extends beyond taxonomy.

“Our world is extremely complex,” she told National Geographic. “Sometimes we think that most of it is known, that there’s not a whole lot to discover, but in fact, it’s the other way around.”

Even among mammals as familiar as cats, she said, species may still be waiting for science to recognize them.

“Even in the cats, there are things out there that are undescribed, things that people haven’t found yet,” Nogales-Ascarrunz said. “So let’s go out and find them and protect them.”

This post was originally published on here. 

A majority of Israelis, 54%, believed Israel should assist Saudi Arabia in its struggle against the Houthis, a Friday Maariv poll revealed.

Thirty-eight percent said such assistance should be conditioned on a normalization agreement between Israel and Saudi Arabia, while 16% supported assisting the kingdom against the Iran-backed Yemeni terror group even without an immediate diplomatic return.

Twenty-six percent opposed Israeli assistance to Saudi Arabia, while 20% said they did not know.

The poll also surveyed support for the upcoming Knesset elections slated for October 27. The poll’s findings showed Prime Minister Benjamin Netanyahu’s Likud continuing its downward trend this week, falling to just 18 seats, while the coalition bloc remained stable at 50 seats.

The bloc held its ground as Ofer Winter’s People of Israel once again cleared the electoral threshold, and Finance Minister Bezalel Smotrich’s Religious Zionist Party, running in an alliance with Moshe Feiglin’s Zehut, gained one seat, bringing it to six.

 A man casts his vote in the Israeli general elections, at a polling station in Jerusalem, on November 1, 2022. (credit: YONATAN SINDEL/FLASH90)

Reservists and Economic Party passes electoral threshold

In the opposition bloc, the most significant change this week was Yoaz Hendel and Yaron Zelekha’s The Reservists-Economic Party joint list clearing the electoral threshold with four seats.

At the same time, Gadi Eisenkot’s Yashar lost two seats, while Naftali Bennett’s B’Yachad and Yair Golan’s Democrats each dropped by one. The Zionist opposition, excluding the parties led by Hendel and Zelekha, stood at 54 seats. The Arab parties retained their strength with 12 seats.

However, the poll also found that The Reservists-Economic Party crossed the 3.25% electoral threshold with 3.5% of the vote, while People of Israel received 3.4%, putting both parties only narrowly above the threshold.

When asked who voters would pick if elections were held today, respondents gave the following answers:

Yashar: 23 seats.

Likud: 18 seats.

B’Yachad: 13 seats.

The Democrats: nine seats.

Yisrael Beytenu: nine seats.

Otzma Yehudit: eight seats.

United Torah Judaism: seven seats.

Shas: seven seats.

Joint Arab List: seven seats.

Religious Zionist Party-Zehut: six seats.

Ra’am: five seats.

People of Israel: four seats.

The Reservists-Economic Party: four seats.

Eisenkot’s lead over Netanyahu narrows in polls

The poll also found that Eisenkot led Netanyahu when respondents were asked who was better suited to serve as prime minister, with 48% supporting Eisenkot compared with 40% for Netanyahu. The gap between the two, however, narrowed from 12 percentage points to eight.

Netanyahu also narrowed the gap with Bennett by one percentage point. Bennett led with 44%, compared with 41% for Netanyahu.

By contrast, Netanyahu maintained his advantage over Avigdor Liberman, with 42% supporting Netanyahu compared with 38% for Liberman.

The poll was conducted on September 16-17 by Lazar Research, headed by Dr. Menachem Lazar, in cooperation with Panel4ALL. A total of 4,089 people were invited to participate, and 600 responded, for a response rate of 15%. The respondents constituted a representative sample of Israel’s adult population aged 18 and over, including Jews and Arabs. The poll had a maximum sampling error of 4%.

This post was originally published on here. 

When Guy Sasson and Sergei Lysov rolled onto the tennis courts at the recently completed US Open, they represented the “old” and newer generations of Israeli wheelchair tennis players.

Sasson, 46, has enjoyed a highly successful career competing in the quads division. He won all four Grand Slam doubles tournaments this year and would have completed a calendar-year Grand Slam had he also won the US Open.

Lysov, 22, is an up-and-coming player who competed at the US Open last year and again this year. He won the 2024 Israeli National Wheelchair Tennis Championship and represented Israel at the 2024 Summer Paralympics in Paris.

And several other young Israeli wheelchair tennis players are coming through the ranks.

But with the rise in the number of young, otherwise healthy Israelis who have suffered life-changing injuries in the country’s recent wars, an important question is emerging: Will more newly disabled Israelis discover wheelchair tennis and other wheelchair sports, and could some eventually reach the elite levels achieved by Sasson?

Paris 2024 Paralympics - Wheelchair Tennis - Men's Quad Singles Bronze Medal Match - Roland-Garros Stadium, Paris, France - September 5, 2024 Guy Sasson of Israel celebrates with flag after winning bronze. (credit: REUTERS/GONZALO FUENTES)

“It is too soon to know – the journey from injury to active sport to competitive sports is a long journey,” says Boaz Kramer, executive director of the Israel ParaSport Center in Ramat Gan and himself a wheelchair user, two-time Paralympian and silver medalist in quad wheelchair tennis at the 2008 Beijing Games.

Still, the numbers suggest more people could participate in wheelchair sports.

Defense Ministry: Over 26,000 war-wounded soldiers sought treatment since start of Gaza war

In July 2026, the Rehabilitation Division at the Defense Ministry reported that approximately 26,200 war-wounded men and women had sought treatment since the war began. It is estimated that there have been 97 amputations since the start of the war.

Some of those injured may discover the world of wheelchair sports and even reach elite levels like Sasson.

Kramer would like to see injured people consider participating.

“I am a big believer in sports as a rehabilitation tool,” he says.

But Kramer also points to an interesting, and perhaps somewhat worrisome, trend: wheelchair sports are becoming “more and more competitive,” something he considers a mixed blessing.

On one hand, Kramer is pleased with how far the sport has come.

“Finally, wheelchair athletes are receiving the recognition, compensation and attention they deserve,” he says. “Paralympic sport is becoming more visible, more attractive and more commercially viable. Athletes are becoming professionals, events are attracting spectators, media are paying attention, fans are following teams and players. After decades of fighting for legitimacy, perhaps Paralympic sport is finally getting there.”

But he also sees a downside.

“But this slow and steady metamorphosis comes with a cost,” Kramer says. “And it raises an important question that has been sitting at the heart of Paralympic sport since its beginning: What is the purpose of Paralympic sport? The competition? The participation?”

Kramer worries that too much focus has gone to competition and that the sport may have “gradually transformed into an elite sport.”

“It rewards talent, it rewards training, it rewards professional support, money, time, access to facilities, coaching, technology and sophisticated sports science,” he explains. “While doing that, it also inevitably leaves people behind.

“So maybe the future of Paralympic sport is not about choosing between participation and excellence. Maybe it is about building a system in which excellence sits at the top without swallowing everything underneath it. While celebrating the jaw-dropping performance of the elite Paralympic sports, we must make sure we never forget why it exists in the first place.”

Kramer, born with arthrogryposis, came to Israel at five years old

Kramer was born with arthrogryposis, a condition characterized by stiff, curved, or locked joints. He came to the Israel ParaSport Center at five and played a variety of wheelchair sports before eventually focusing on tennis.

He became a competitive wheelchair tennis player, played on Israel’s national team for 12 years, and represented the country at the 2008 Beijing Games.

From that experience, Kramer knows that reaching the highest levels of wheelchair tennis can be particularly difficult for athletes who begin using a wheelchair later in life or who did not play tennis as children.

For that reason, he considers Sasson, who has won all four Grand Slam doubles championships in the past, although falling short last week in his quest for a 2026 calendar-year Grand Slam, “an exception in many ways.”

Sasson’s injury, the result of a snowboarding accident, occurred during adulthood. He initially began his competitive career in the open division before later being reclassified for the quads division as the extent of his injury progressed.

The fact that the quads division is smaller has also meant that Sasson has had greater opportunities for success.

Sasson is pleased about the possibility of new wheelchair athletes joining the sport, but he cautions that playing at the elite level is not for everyone.

“If an athlete wants tennis, it is not easy – it cannot be as a side job,” Sasson says.

“If you want to be at the top tier, you need talent, discipline, consistency, and a mindset. You need the physical ability and talent, and you have to do it again and again and again. It is challenging, and it is not easy, but there are rewards.”

Kramer is delighted by Sasson’s tennis success and his potential calendar Grand Slam, but he views what Sasson represents as something much greater.

“It is not just an athletic achievement, not just about tennis – it is also about how he represents Israel, partnering with a Dutch athlete,” Kramer says.

Sasson regularly partners with Niels Vink, 23, of the Netherlands, and together the pair have become one of the most successful wheelchair doubles teams in the world.

Kramer views Sasson’s accomplishments as “a very strong statement on how Israel is more than what people think.”

Perhaps, in time, more newly disabled Israelis will discover wheelchair sports. Some may go on to attain great heights in the competitive sports world. Others may simply find a new source of community, purpose, physical activity, and enjoyment.

Both outcomes, in their own way, could be part of the next chapter of Israeli wheelchair sport.

This post was originally published on here. 

At the high-level Middle East-America Dialogue (MEAD) conference in Washington last week, which brought together current and former senior officials from Israel, the US, and across the Middle East, one theme repeatedly emerged: In Iran, Gaza, and Lebanon, “the perfect” must not be allowed to become the enemy of progress.

“The perfect,” of course, would be an Iran ruled by a different regime that has abandoned its pursuit of nuclear weapons; a Lebanon where the government, not a terrorist organization, actually controls the country; and a Hamas-free Gaza.

That is the ideal. It will also take a long, long time to achieve.

In the meantime, October 7 and the wars it unleashed have set in motion processes in each of these arenas that, if seen through to completion, could bring those goals within sight.

But the key is seeing them through: Maintaining the blockade and economic pressure on Iran; putting into place US President Donald Trump’s 20-point plan for Gaza, with demilitarization and deradicalization at its core; and moving forward the historic tripartite process in Lebanon.

World leaders gather during a charter announcement for US President Donald Trump's Board of Peace, in Davos, Switzerland, January 22, 2026 (credit: REUTERS/JONATHAN ERNST)

A 28-month window to anchor regional changes

Patience is needed. But here is the rub: It must be patience laced with urgency.

Israel now has a 28-month window to root and anchor these processes before Trump leaves office and a new administration, possibly with vastly different priorities and a very different worldview, takes power.

This MEAD conference, like the previous three, was unique in the Middle East policy world: Bipartisan and inclusive of key regional actors. Despite the region’s dark clouds, the mood at the off-the-record panels was surprisingly upbeat.

Participants, including former generals, intelligence chiefs, serving diplomats, and politicians, focused not only on what had not been achieved, but on what had.

Some might call that Pollyannaish; others might see it as a refreshing effort to zoom out and examine what one participant called “the overall trend line.”

And that trend line, emerging from a well-air-conditioned Washington hotel where both kosher and halal food was available for the participants, was – believe it or not – positive.

Nowhere was that positive trend line more evident than in regard to Iran. Not because the Iranian threat has disappeared – it has not – but because the military campaign and subsequent blockade have placed Tehran under pressure of a kind it has never experienced before.

Nuclear damage leaves Iran facing years of recovery

Start with the military balance sheet.

Iran’s principal nuclear installations have been destroyed or severely damaged, along with centrifuges, research and development centers, weaponization facilities, and a significant part of the infrastructure needed to rebuild the program. Further, leading nuclear scientists were killed. 

Iran’s nuclear knowledge remains, as does enriched material buried at several locations, but recreating what was lost will take time, money, and scientists with the necessary expertise.

The February 28 attack also contained an element of tactical surprise that has received little attention. One participant said the operation was deliberately launched in the morning because the Iranians did not expect Israel and the US to attack during the day.

That decision was part of what participants described as an unprecedented, “dream-like” level of US-Israel military integration and cooperation.

The damage to Iran’s missile-and-drone industry is extensive. One participant said the campaign reduced Iran’s “ability to produce missiles and drones from 100 percent down somewhere to between 10% and 20%.”

That does not mean Iran has only 10% to 20% of its missiles left. It means its ability to manufacture new ones has been dramatically reduced. Iran can rebuild, but only by diverting scarce resources from an economy already reeling.

Blockade seeks to deepen pressure on Tehran’s regime

And that is where the blockade comes in.

The military campaign damaged Iran’s capabilities. The blockade is intended to prevent it from rebuilding them and to force the regime to choose between funding its military ambitions and keeping its economy functioning.

Another disclosure heard at the conference concerned Israel’s role in the anti-regime demonstrations that erupted in January.

The unrest began in the Tehran bazaar without an Israeli call for people to take to the streets. But once it spread, Israel actively encouraged Iranians to join the demonstrations.

“We knew that they went out into the streets on January 8 partly because of the influence operations we conducted,” one Israeli participant said.

The regime responded by killing thousands and wounding thousands more. Yet the protesters returned the next day, and that decision to return on January 9 demonstrated not merely that large numbers of Iranians opposed the regime – something Israel had long believed – but that some were now willing to risk their lives to challenge it.

The current pressure being applied, according to these assessments, may create the conditions for change from within. 

This requires alternative Iranian leadership, continued influence operations from within and, as one participant put it, “people on the ground.” That referred to Iranians capable of acting inside the country, not to a ground invasion.

But here, too, the clock is ticking.

Iran bets on waiting out Trump’s pressure campaign

Iran is betting that American pressure is temporary – that it need only survive Trump’s remaining 28 months and wait for relief. Washington must therefore convince Tehran that this policy will survive Trump and cannot be escaped by waiting for the next president.

None of this means Tehran will go quietly. Indeed, the expectation voiced at the conference was that Iran will eventually lash out rather than allow itself to be slowly strangled economically, and that an attack on Israel will be a sign that the regime is on its last legs.

But all that is not an argument for lifting the pressure. It is an argument for preparing for Iran’s response while continuing a strategy that, perhaps for the first time in the Islamic Republic’s 47-year history, has placed the regime’s survival in danger.

One participant said Israel’s original assessment – that the regime could fall within one to three years – still stands.

If Iran requires patience to allow pressure to take effect, Gaza requires patience of a different kind: Giving an untested political framework time to establish itself before declaring it a failure and sending the IDF back in.

That was the clear sentiment from senior American, Israeli, Palestinian, and international officials involved in the implementation of Trump’s 20-point plan.

No one suggested that the plan was perfect, or that its success was assured. The problems are immense: Hamas remains armed; the international stabilization force has yet to emerge; the Palestinian technocratic administration meant to govern Gaza is in Cairo, not in Gaza City; and the scale of physical destruction is staggering.

But the participants repeatedly returned to the same point: What is the better alternative?

One panelist put it bluntly: “Every alternative to the Board of Peace is 1,000 times worse.” Those alternatives include the return of Hamas, indefinite Israeli occupation, the restoration of an unreformed Palestinian Authority, or another major Israeli military campaign.

Another participant said that even if the plan has only a 20% or 30% chance of succeeding, Israel is obligated to exhaust that possibility before sending soldiers back into Gaza’s “hornet’s nest.”

Here, too, the Trump clock matters. The president chairs the Board of Peace, is personally invested in the plan, and is sensitive to Israel’s security concerns. That gives the framework political backing it may not receive from a future administration.

The next 28 months must therefore turn the plan from a collection of promises into something that is up and functioning. Above all, the participants stressed deradicalization.

One person said that the final test of victory will not be how many Hamas terrorists Israel killed, how many tunnels it destroyed, or how much damage it inflicted. It will be whether, years from now, three words can be said: “Hamas lost Gaza.”

For that to happen, removing Hamas from government is not enough. Its ideology must also be removed from the enclave’s schools, mosques, and public institutions. Rebuilding homes while leaving intact the educational and religious infrastructure that glorified October 7 would merely reconstruct the foundations for the next war.

That will not happen quickly. Deracialization is a generational project requiring the involvement of regional partners – including Saudi Arabia, the UAE, and Egypt – that have experience confronting Islamist extremism.

The Gaza plan is cumbersome, uncertain and full of risks. But the MEAD takeaway was that imperfect plans should not be discarded when the available alternatives are worse. Here, as with Iran, patience is essential – but, again, it must be patience laced with urgency.

The final arena where MEAD participants urged patience – again, without illusions – was Lebanon.

Here, too, the arrangement is far from perfect. Hezbollah remains armed, the Lebanese Armed Forces are not yet capable of taking control of areas vacated by Israel, and the verification machinery needed to ensure that Hezbollah does not simply return has not been established.

But the alternative is a return to the familiar cycle: Hezbollah rebuilds, Israel attacks, southern Lebanon is destroyed, and another war begins.

Lebanon’s historic opportunity to reclaim sovereignty

What makes the present moment different, participants argued, is that Hezbollah and its Iranian sponsor have been radically weakened, Lebanon has new political leadership, and the Lebanese state has an opportunity – perhaps a historic one – to reassert its authority. The aspiration can be summed up in six words: “One army, one flag, one anthem.”

Getting there, however, will require moving carefully and learning from the pilot areas where an Israeli withdrawal has been matched by Lebanese Army deployment.

Those pilots are intended to answer the practical questions on which the entire process will stand or fall: Who verifies that Hezbollah has been disarmed? 

What precisely does it mean for the Lebanese Army to “clear and hold” an area? How long must it remain free of Hezbollah personnel and weapons before Israel can consider it secure? And what happens if Hezbollah returns after the IDF withdraws?

The process must also confront a classic chicken-and-egg dilemma. Israel says it cannot withdraw until Hezbollah is disarmed and the Lebanese Army is deployed. Lebanon says it cannot demonstrate that the new order delivers results – or build public support for confronting Hezbollah – unless Israel begins withdrawing.

The practical approach being tried and in its infancy is a phased process: Lebanese Army deployment and verified Hezbollah disarmament in specific areas, followed by corresponding Israeli withdrawals.

Israel, meanwhile, must be careful not to turn military success into political defeat. Continued strikes may further weaken Hezbollah’s capabilities, but strengthen it politically by allowing the organization to present itself once again as the defender of Lebanon against Israel. If that were the case, Israel would win militarily but lose the larger political contest.

The key constituency is southern Lebanon’s Shi’ite population. The Lebanese government needs to demonstrate that the state can offer them what Hezbollah has not: Security, reconstruction, economic opportunity and an end to perpetual war.

The tripartite process is slow, fragile and vulnerable to provocation. Hezbollah may launch drones or in other ways try to trigger a fierce Israeli response and derail the process.

But there has rarely been a better opportunity to restore Lebanese sovereignty and remove Hezbollah’s weapons. 

As with Iran and Gaza, the arrangement should not be judged against an imaginary perfect solution. It should be measured against the available alternative – another war.

This post was originally published on here. 

A discharged IDF soldier was killed in a fatal paragliding accident while traveling in the city of Medellín, Colombia.

After the tragic news, the Chabad updates site reported that the city’s Chabad emissary, Rabbi Levi Vanunu, in close cooperation with the Israeli Embassy there, is working around the clock with local authorities.

The relevant authorities have begun efforts to complete the required bureaucratic procedures and ensure that his body is returned for burial in Israel as soon as possible.

Illustrative: A paraglider flies after taking off from Bello, Antioquia department, Colombia on February 11, 2026. (credit: Jaime SALDARRIAGA / AFP via Getty Images)

Chabad in contact with killed Israeli’s family

The Chabad emissary is in continuous contact with the bereaved family and is accompanying them during this difficult time.

According to Ynet, the former soldier was 23.

Ynet also reported that the local guide accompanying the discharged soldier had been seriously injured during the same paragliding accident, which likely occurred due to strong winds in the area.

This post was originally published on here. 

A former Syrian government official who ​headed the Damascus Central Prison under ousted President Bashar al-Assad and was convicted of ‌torture by a US federal jury has been sentenced to 60 years in prison by a US judge, federal prosecutors said.

Samir Ousman Alsheikh, 74, was charged in 2024 and convicted in March on one count of conspiracy to commit torture and three counts of torture for his involvement in the abuse of prisoners at Adra Prison, as ​it is colloquially known in Damascus.

Alsheikh was also convicted of lying to US immigration authorities ​about his commission of the crimes, fraudulently obtaining a green card and attempting to naturalize as a US citizen, the US Department of Justice said.

Thursday’s sentence was handed down by US District Judge Hernan Vera in Los Angeles.

Prosecutors said Alsheikh ordered subordinates to inflict physical and ​mental pain on prisoners to deter opposition to Assad’s government and was sometimes personally involved in such ​incidents.

Police stand at the gate of Damascus Central Prison in the Adra area near the Syrian capital of Damascus in this May 28, 2010 file photo. Syria has opened its prisons for the first time to the Red Cross whose officials visited detainees in the central prison in Damascus, the International Committee  (credit: REUTERS/Khaled Al-Hariri/Files)

Alsheikh highest ranking former member of Assad government to be tried, convicted in person outside Syria

The US Justice Department said Alsheikh, who held positions in the state security apparatus, was the highest-ranking former member of Assad’s government to be tried and convicted in person outside Syria.

Alsheikh’s legal team had asked for a five-year sentence. In March, they said they were “disappointed” by his conviction. Alsheikh, who headed Adra Prison from 2005 to 2008, had previously pleaded not guilty.

Syrian rebels put an end to more than 50 years of rule by the Assad family in late 2024 following a lightning advance. Hundreds of thousands died in a civil war that lasted more than a decade, ​unleashed a global refugee crisis and left cities across the country in ruins.

Syrian ​President Ahmed al-Sharaa, a former al-Qaeda commander, took over after Assad’s ouster and has worked to improve ties with ​the West.

This post was originally published on here. 

Major U.S. banks raised their prime lending rates to 7% Thursday, increasing the benchmark used to price credit cards, home-equity lines and many small-business loans less than a day after the Federal Reserve approved its first rate increase in three years.

JPMorgan Chase, Bank of America, Citigroup and Wells Fargo lifted their prime rates from 6.75% to 7%, effective Sept. 17. KeyCorp, Huntington Bancshares, Fifth Third Bancorp and Truist Financial announced the same quarter-point increase.

U.S. Bank and BNY were among other financial institutions raising their prime rates to 7%, reflecting the banking industry’s rapid response to the Federal Reserve’s decision.

The Fed voted unanimously Wednesday to raise its federal-funds target by a quarter percentage point to a range of 3.75% to 4%. The new range became effective Thursday.

Prime is a reference rate rather than the final interest rate most borrowers receive. Banks typically add a margin based on the loan product, the customer’s credit profile, collateral and other risks.

A credit card priced at prime plus 12 percentage points, for example, would carry an 18.75% annual percentage rate when prime was 6.75%. At a 7% prime rate, its APR would rise to 19%, assuming the card’s fixed margin remains unchanged.

The change does not necessarily appear on every borrower’s next statement. Each account follows the adjustment schedule written into its agreement, and card issuers may take one or two billing cycles to apply the higher rate.

Most credit cards carry variable rates, making cardholders particularly exposed to changes in prime. A borrower who maintains a $10,000 balance for a full year would pay approximately $25 more in annual interest after a quarter-point increase, before accounting for purchases, payments, fees and daily compounding.

Home-equity lines of credit generally have an even more direct connection to prime. On a $50,000 HELOC balance, a 0.25-percentage-point increase would add approximately $125 in interest over a year if the balance remained constant.

Existing fixed-rate mortgages, auto loans and personal loans are not repriced because prime changes. Their interest rates were established when the agreements were signed. New fixed-rate loans may nevertheless become more expensive as lenders adjust to higher market funding costs.

Small businesses are also exposed because many commercial credit lines and working-capital loans are structured as prime plus a negotiated margin. The latest increase can raise the cost of financing inventory, making payroll, purchasing equipment or covering temporary cash-flow shortages.

For a company carrying $250,000 on a variable-rate credit line, an additional quarter percentage point translates into approximately $625 in extra annual interest if the balance remains unchanged. For businesses operating on thin margins, repeated increases can influence hiring, expansion and purchasing decisions.

The synchronized bank announcements illustrate how the Fed’s policy reaches the broader economy. The central bank does not dictate prime or set individual consumer-loan rates. It controls a target for overnight lending between banks, which influences financial institutions’ short-term funding costs and the rates they charge customers.

Banks can initially benefit when loan yields rise faster than the interest they pay depositors, widening the spread known as net interest income. That advantage carries risks: higher borrowing costs can reduce demand for loans, slow economic activity and make it harder for some customers to keep up with payments.

Savers may also benefit if banks raise yields on deposits, certificates of deposit and money-market accounts. Deposit rates, however, do not automatically move by the same amount or at the same speed as prime. Customers may need to compare institutions to capture the highest available return.

The Fed said inflation remains elevated and indicated that higher rates would support a return to its 2% inflation goal. Policymakers’ latest projections point to the possibility of one more quarter-point increase before the end of 2026.

Another Fed increase would likely produce a corresponding rise in bank prime rates, potentially taking prime to 7.25%. For borrowers with variable-rate debt, the most important details are the balance, the margin added to prime and the date on which the contract permits the lender to reset the rate.

JBizNews Desk | Wall Street

© JBizNews.com. All rights reserved. This article is original reporting by JBizNews Desk. Unauthorized reproduction or redistribution is strictly prohibited.

Borrowing costs began rising Thursday after the Federal Reserve’s quarter-point interest-rate increase pushed a major bank’s prime rate to 7%, setting the stage for higher charges on credit cards, home-equity lines and other variable-rate debt.

The Federal Open Market Committee voted 12–0 Wednesday to raise its federal-funds target to a range of 3.75% to 4%. The new range took effect Thursday, Sept. 17, along with related increases in the rates the Fed pays banks and charges for certain loans to financial institutions.

Bank of America raised its prime rate from 6.75% to 7%, effective Thursday. Although banks establish their own prime rates, they generally move them alongside the Fed’s benchmark. Prime is then used as the starting point for pricing many consumer and business loans.

Most credit cards carry variable annual percentage rates calculated by adding a fixed margin to prime. A card might, for example, charge prime plus 14 percentage points. When prime rises by a quarter point, that card’s APR would normally rise by the same amount unless its agreement provides otherwise.

The increase will not necessarily appear immediately. Credit-card issuers typically adjust variable rates within one or two billing cycles, depending on each account’s terms. Borrowers should check the rate-change provisions and APR listed on their statements.

One quarter-point increase is modest when viewed by itself. If a borrower maintained a constant $5,000 card balance for an entire year, an additional 0.25 percentage point would add approximately $12.50 in annual interest. The actual cost will vary with daily balances, payments, purchases, fees and compounding.

The financial pressure becomes more noticeable when several rate increases accumulate or when balances are large. On a $50,000 variable-rate home-equity line, a quarter-point increase would add about $125 in annual interest if the balance remained unchanged.

Small businesses can face the same effect. Credit lines and floating-rate commercial loans are frequently tied to prime or another short-term benchmark. Higher rates can raise the cost of financing inventory, payroll, equipment and seasonal operations, potentially forcing companies to delay investment or pass some expenses to customers.

Fixed-rate borrowers are largely protected on debt they already hold. A homeowner with a fixed-rate mortgage, or a consumer with a fixed-rate auto or personal loan, will not see the rate on that existing contract change merely because of the Fed’s decision.

New fixed-rate borrowing may still become more expensive as lenders respond to market conditions. Auto and personal-loan rates can be influenced by the Fed, funding costs, borrower credit quality and competition among lenders.

Fixed mortgage rates do not directly follow the federal-funds rate. They tend to track longer-term bond yields, particularly the 10-year Treasury yield. The average 30-year fixed mortgage had already climbed to 6.76% before the Fed’s announcement, according to Freddie Mac data cited by The Associated Press.

The rate increase also has a potential winner: savers. Banks and online financial institutions may offer better yields on savings accounts, money-market accounts and certificates of deposit. Those increases are not automatic, however, and banks may raise deposit rates more slowly—or by less—than they increase borrowing rates.

The Fed said economic activity was expanding at a solid pace, domestic spending remained resilient and inflation was still elevated. Consumer prices increased 3.4% in August from a year earlier, remaining above the central bank’s 2% longer-term target.

Officials’ latest projections pointed to the possibility of one additional quarter-point increase before the end of 2026. Another hike would bring the target range to 4% to 4.25% and likely produce another increase in prime-linked borrowing costs.

For cardholders, paying more than the required minimum reduces both the repayment period and the amount exposed to future rate increases. Balance-transfer promotions may provide temporary relief, but borrowers need to compare transfer fees, promotional deadlines and the rate that applies when the offer expires.

The Fed’s strategy works by making credit more expensive, discouraging some household and business spending and reducing demand across the economy. That can help slow inflation, but it also increases monthly pressure on borrowers who cannot easily pay down variable-rate balances.

The next scheduled Fed decisions are expected at its October and December meetings. Whether officials raise rates again will depend on inflation, employment, consumer spending and the extent to which the current increase slows economic activity.

JBizNews Desk | Washington

© JBizNews.com. All rights reserved. This article is original reporting by JBizNews Desk. Unauthorized reproduction or redistribution is strictly prohibited.

The United States has agreed to give the UN another year to wind down its support for African peacekeepers in Somalia, a document showed – a move that gives some breathing space to a force that was fearing quicker cuts, but still leaves its future in peril.

Reuters reported in July that Washington – increasingly frustrated with the fragile administration in Mogadishu – said it would block the UN from supporting the African Union force which props up the government and helps it fight al-Qaeda-linked terrorists.

Analysts have warned that any weakening of the African Union peacekeepers would severely undermine the government there and could exacerbate the political turmoil in a combustible region bordering the Red Sea.

‘A real risk of state fragmentation’

The peacekeepers, known as the AU Support and Stabilisation Mission in Somalia, rely heavily on UN support for essential logistics such as food, water, fuel, medical services and transportation of troops.

The administration of US President Donald Trump, which has pulled back from many international commitments, had told the African Union in a diplomatic note in July that it would use its clout to prevent the UN from supporting the peacekeepers from the start of next year.

A man holds on to a American flag during a rally welcoming the announcement that the United States has officially recognized Somalia's government, after more than two decades, in Mogadishu, Somalia January 21, 2013; illustrative. (credit: REUTERS/Omar Faruk/File Photo)

In another diplomatic note seen by Reuters and shared with embassies last week, Washington said “the United States is willing to support a 12-month drawdown followed immediately by liquidation” of the UN Support Office in Somalia (UNSOS).

Without that 12-month window, the funding could have stopped at the end of December, when the mandate of that UN office expires. Two diplomatic sources and a Somali government source said the new 12-month countdown would start in January.

A spokesperson for the US State Department told Reuters that Washington would no longer fund or support the UN office in Somalia, whose total budget is around $500 million.

“We would expect any drawdown processes and timelines to be discussed during UN Security Council deliberations in December,” the spokesperson said in a statement. Five diplomatic sources and the Somali government source, speaking on condition of anonymity, confirmed the 12-month deadline.

Somalia’s defense ministry, UNSOS and the African ⁠Union Commission did not immediately respond to requests for comment.

The move will buy Somalia and its partners some more time to find other backers, but does not lift the threat over the peacekeeping force’s future.

“AUSSOM is a key pillar of Somalia’s state,” Afyare Elmi, professor at the City University of Mogadishu, said. “Without it, the country would face a real risk of state fragmentation and disintegration.”

Samira Gaid, a regional security analyst, told Reuters the shutdown of UNSOS could spell the end for AUSSOM.

“The AU either needs to find alternative logistics arrangements or to draw down and exit,” she said.

Financing for the AU mission has become increasingly precarious, leading to a huge funding shortfall.

Washington last year blocked a plan to shift to a financing model that would have seen UN funds cover three-quarters of the peacekeeping mission’s $190 million annual budget.

Somalia has been mired in chaos and internal conflict since the fall of autocratic ruler Mohamed Siad Barre in 1991. Islamists have strengthened their control of the countryside and, two decades ago, seized the capital before being forced out by a joint Ethiopian and Somali government force.

This post was originally published on here. 

The yen weakened, after the Bank of Japan raised its policy rate by a quarter percentage point to 1.25% in a widely expected move. The dollar gained to 156.90 yen from 156.14 yen.

This post was originally published here. 

Oil prices fell sharply Thursday after Saudi Arabia began redirecting crude exports through Oman, easing fears that damage to the kingdom’s East-West pipeline would remove a significant volume of oil from the global market.

Brent crude, the international benchmark, dropped about 3% to roughly $102.72 a barrel during trading. West Texas Intermediate, the U.S. benchmark, fell to about $100.47 after briefly slipping below $100 earlier in the session.

The retreat offers some relief to airlines, trucking companies, manufacturers and consumers after a rapid oil-price surge threatened to raise fuel and transportation costs across the economy.

Saudi Arabia is offering additional cargoes through Oman after drone attacks forced the East-West pipeline offline. The pipeline normally carries crude from production centers in eastern Saudi Arabia to the Red Sea port of Yanbu, allowing exports to avoid the Strait of Hormuz.

The disrupted route had been handling volumes equivalent to as much as 4% of global oil supply. Traders initially feared that a long shutdown would leave Saudi Arabia unable to deliver those barrels to buyers, tightening an already strained market.

Redirecting cargoes through Oman does not fully replace the pipeline’s capacity, and the arrangement could increase shipping and handling costs. It does, however, reduce the immediate threat that the crude will disappear from the market entirely.

U.S. Energy Secretary Chris Wright said the interruption could be measured in days, though estimates of the repair timetable remain uncertain. Saudi Arabia is reportedly seeking to restore part of the pipeline’s capacity within days, while a complete recovery could take longer.

Oil remains above $100 a barrel, leaving businesses and households exposed to substantially higher energy costs than earlier in the year. Diesel supplies are particularly tight, creating an added expense for trucking companies, delivery operators, farms and businesses that depend on heavy equipment.

The easing in oil prices quickly spread to the bond market. The yield on the 10-year Treasury note fell to approximately 4.95%, moving back below the closely watched 5% level after ending Wednesday near 5.01%. The two-year yield declined to roughly 4.69%.

Oil and Treasury yields have recently moved in the same direction because both reflect investor concern about inflation. Higher energy prices raise transportation, production and household costs, potentially forcing the Federal Reserve to keep interest rates elevated or raise them further. Falling oil prices reduce some of that pressure.

The 10-year Treasury yield also serves as an important reference point for mortgage rates and many business loans. A sustained decline could eventually ease financing costs, although mortgage rates do not move in perfect lockstep with Treasury yields because lender margins, credit conditions and demand for mortgage-backed securities also affect what borrowers pay.

Thursday’s economic data showed why the interest-rate outlook remains complicated. Initial applications for unemployment benefits fell by 10,000 to a seasonally adjusted 196,000 for the week ended Sept. 12, the lowest level since mid-July. Continuing claims declined by 39,000 to 1.73 million, suggesting employers remain reluctant to cut workers.

Housing presented a weaker picture. Overall housing starts fell 2.6% in August to an annual rate of 1.275 million units. Construction of single-family homes rose 7.6% to a 918,000-unit rate, but the volatile multifamily category dropped 22.5%.

Building permits, an indicator of future construction, declined 2.7% to an annual rate of 1.394 million. Single-family permits fell 1.8%, signaling that elevated mortgage rates and financing costs may continue limiting construction later this year.

Pending home sales rose 0.3% in August but remained 4.7% below their level a year earlier. Contract signings were still about 30% below their pre-pandemic pace, according to the National Association of Realtors.

The split is significant: the labor market remains resilient, while housing—one of the parts of the economy most sensitive to interest rates—is showing greater strain. Strong employment gives the Federal Reserve room to keep monetary policy tight, but prolonged housing weakness could become a broader drag on construction, lending, furniture sales and other related industries.

For now, Saudi Arabia’s Oman workaround has reduced the market’s worst-case supply fears. It has not eliminated them. The East-West pipeline remains offline, oil is still trading near historically elevated levels, and regional shipping routes remain vulnerable.

Whether Thursday’s relief lasts will depend on how much crude Saudi Arabia can move through alternative routes and how quickly the damaged pipeline returns to service.

JBizNews Desk | Wall Street

© JBizNews.com. All rights reserved. This article is original reporting by JBizNews Desk. Unauthorized reproduction or redistribution is strictly prohibited.

Bursts of gunfire lasting for two hours were heard in the Iranian city of Zahedan from a shooting that left at least six wounded, Iran International reported early Friday morning.

Unconfirmed reports on social media claimed that some who had been wounded or killed were military personnel. 

Several ambulances were dispatched to the area, and checkpoints were established on nearby streets, according to the report. 

Images and videos circulating on social media appear to show armed individuals opening fire with military and security forces present. 

At the same time, large numbers of security personnel, plainclothes officers, and forces belonging to various agencies were deployed within the city, according to Iran International. 

The entrances and exits to the city have also reportedly been temporarily closed. 

This is a developing story. 

This post was originally published on here. 

A haredi (ultra-Orthodox) journalist set out this week to defend Health Minister Haim Katz (Likud) from what she described as Israeli media’s “derisive” treatment of him. In doing so, she inadvertently illustrated a much deeper problem with the way Israeli society works.

Katz has been overseeing several ministries, including the Health Ministry, since Shas resigned from the government in July 2025. The journalist wanted to show that despite claims Katz is stretched too thin to make a real impact in any one ministry, he is capable of getting things done.

Writing on social media, she shared the story of her uncle, who is suffering from a serious illness and urgently needed radiation therapy to relieve a blockage that was causing him excruciating pain.

He did not want to be hospitalized, and his family was told the next available appointment would only be in three weeks.

So, shortly before Rosh Hashanah, she contacted the health minister directly. “To his credit,” she wrote, Katz sprang into action. The next morning, her cousin told her Sheba Medical Center in Tel Hashomer had called: An appointment had been found, and her uncle was already receiving treatment.

Israel's Health Ministry. (credit: AVSHALOM SASSONI/MAARIV)

Of course, every life saved or suffering alleviated by the health system is something to be grateful for. And if Katz intervened to help a seriously ill patient receive urgently needed treatment, that is something to acknowledge.

But there is something deeply troubling about the story being presented as a testament to the minister’s performance – and, perhaps more troubling still, about how naturally the writer appears to regard the underlying circumstances.

When healthcare access depends on who you know

The most striking thing about this story is what it says about access to Israel’s healthcare system: A sick man – or his relatives – needed a personal connection to a health minister to get help navigating it.

Not every sick Israeli has a relative who can call a government official. Not every injured person has a friend in a powerful office, a journalist with access to senior officials, or someone who can pick up the phone and make an appointment happen.

Most Israelis enter the healthcare system through the same channels as everyone else. They call, they wait, they appeal, they are transferred from one department to another, and they are told that the appointment they desperately need is unavailable.

And when the system is stretched, those without connections have little recourse. But what happens to the person who is suffering just as much but does not have anyone to call?

The journalist’s post was intended as praise. Instead, it reads like a description of Israel’s protekzia (connections) problem.

Israeli culture of protekzia

Israel has a long and complicated relationship with the idea of protekzia – the ability to get something done because you know the right person. It can be treated as a cultural quirk or a useful shortcut through inefficient bureaucracy.

But protekzia is something else entirely when the thing at stake is medical treatment. And it is particularly jarring when the very act of using personal connections to gain access is presented as proof that the system is working.

The post was shared with the best of intentions, as a genuine attempt to thank a minister who helped her family at a moment of terrible distress. But its obliviousness to what it reveals is precisely what makes it so telling.

The question raised by this story is not whether Katz helped a sick Israeli. He did. The question is what happens to the sick Israeli who does not have access to the health minister.

For every appointment that is moved forward after a call to a minister, there is another patient whose appointment is pushed back. Others must simply wait – sometimes for weeks and in considerable pain.

Measuring healthcare by how it treats ordinary patients

This is not a personal or professional indictment of Katz, but rather an indictment of a failing public system. The real measure of a functioning health system is how well it treats the person who has nobody powerful to call – not how quickly it responds when someone powerful intervenes.

And for the Israeli who has no connections, no powerful friends, and no minister to call, there is only the wait in line.

This post was originally published on here. 

A Minnesota man who squirted vinegar on Democratic US Representative Ilhan Omar was sentenced to one year and two months in prison on Thursday after pleading guilty to assaulting a federal official.

Anthony James Kazmierczak pleaded guilty in May and admitted to attacking Omar because he disagreed with her progressive political views. He was sentenced by US District Judge Joan Ericksen at a hearing in Minneapolis federal court on Thursday.

Kazmierczak’s lawyer said he apologized to Omar at the hearing but declined to offer additional comment, citing Kazmierczak’s pending assault and threats of violence charges in state court.

Omar, a progressive Democrat and outspoken critic of Republican President Donald Trump, was giving a town hall speech condemning the actions of US Immigration and Customs Enforcement agents in Minneapolis in January when Kazmierczak rose from the crowd and squirted her with a syringe of vinegar.

In a video of the attack that was widely shared online, Kazmierczak can be heard saying, “You must resign.” He was quickly subdued by a security guard, and Omar continued her remarks. 

US Representative Ilhan Omar (D-MN) is seen in Statuary Hall ahead of US President Joe Biden’s State of the Union Address in Washington, US, February 7, 2023.  (credit: REUTERS/ELIZABETH FRANTZ)

Minnesota US Attorney Rosen condemned the attack

Minnesota US Attorney Daniel Rosen, a Trump appointee, has previously condemned the attack and called it part of a dangerous national trend of people channeling political hatred into criminal acts.

Rosen’s office did not immediately respond to a request for comment after the sentencing.

This post was originally published on here. 

U.S. robotaxi operator Waymo is breaking into a new market. After unveiling roadmaps to bring its self-driving cars to Germany and the United Kingdom, it’s now setting its sights east.

On Sept. 18, Waymo announced plans to launch in Singapore by 2028, marking its first entry into Southeast Asia. The announcement came just days after the robotaxi firm revealed plans to enter its first market in Asia: Japan. 

“Singapore has built one of the safest, most efficient and most forward-thinking transportation ecosystems in the world,” said Tekedra Mawakana, Waymo’s co-CEO, in a Sept. 18 press release. “As we begin our journey here, we are committed to listening to the community, creating high-skilled local operational jobs and working…to complement Singapore’s world class public transit network.”

Singapore is already one of the world’s most crowded AV markets. Last September, Chinese robotaxi firms WeRide and Pony AI announced partnerships with ride-hailing platform Grab and transport operator ComfortDelGro to bring self-driving vehicles to the Singapore market. (Both operators are running autonomous shuttle services in Singapore’s Punggol district, which the government has designated as a test bed for physical AI technology.)

Waymo’s all-electric Jaguar I-PACE vehicles are set to arrive in Singapore in the coming months and undergo a training phase in 2027, when autonomous specialists will conduct initial manual driving to train Waymo’s vehicles on local roads and weather patterns.

“Waymo brings world-class technology and operational expertise to Singapore, and will move us towards our vision of creating new transport options for Singaporeans,” Singapore’s transport minister, Jeffrey Siow, said in the Sept. 18 press release.

Last year, Siow remarked that Singapore was undertaking a “really big push” for AVs, which he called a ‘game-changer’ for the local transport ecosystem. “I have no doubt, in five years, we will see many autonomous vehicles in Singapore,” Siow said in an interview with Singaporean broadcaster CNA. 

Japan, by contrast, has a barren robotaxi landscape. The country doesn’t yet have fully operational public robotaxis, though Uber, Nissan and UK startup Wayve are set to launch a pilot robotaxi program in Tokyo in late 2026. Waymo’s service, to be launched in partnership with Japanese taxi app operator GO and taxi company Nihon Kotsu, is set to go live in 2027.

“We’ll grow our fleet responsibly over time, steadily operating until anyone in Tokyo can download an app and take a ride,” said Waymo’s Mawakana at a press conference in Japan on Sept. 15. (The need for robotaxis in Japan is especially dire, given the country’s rapidly declining populace.)

Despite the initial excitement, the rapid international expansion of robotaxis has unnerved drivers, who fear losing their jobs. Politicians and executives, however, have largely attempted to assuage such fears.

“There are over 70,000 taxi and private-hire car drivers in Singapore. In contrast, we only have around 20 AVs running around on our roads,” Siow remarked during a parliamentary address in July. “Even if I gathered every AV in the world today and moved them all to Singapore, there would only be about 7,000 cars, or less than 10% of our total taxi and private-hire car population.”

This story was originally featured on Fortune.com

This post was originally published here. 

Wall Street rallied Thursday as falling oil prices and easing Treasury yields offered investors relief from the inflation pressures that prompted the Federal Reserve to raise interest rates for the first time in more than three years.

The Dow Jones Industrial Average gained about 0.6% in morning trading, while the S&P 500 rose roughly 0.9% and the Nasdaq Composite advanced approximately 1.3%. Technology companies helped lead the rebound, with all 11 major sectors of the S&P 500 trading higher during the session.

The gains came one day after the Federal Open Market Committee unanimously raised its benchmark federal-funds rate by a quarter percentage point, placing the target range at 3.75% to 4%. It was the central bank’s first rate increase since July 2023 and marked a reversal from the rate-cutting cycle of 2024 and 2025.

Higher interest rates normally weigh on stocks because they increase borrowing costs for companies and consumers while making bonds and other lower-risk investments more attractive. But investors had already anticipated Wednesday’s increase and appeared relieved that the Fed acted decisively without signaling a more aggressive series of increases.

The Fed’s updated projections showed that 16 of its 18 policymakers expect at least one additional rate increase before the end of 2026. Four officials projected two more increases.

That outlook means the relief rally does not signal that the period of expensive credit is ending. Credit-card rates, business loans and some auto loans generally respond quickly to changes in short-term interest rates. Mortgage rates are influenced more directly by longer-term Treasury yields, but they have also remained elevated as investors demand greater compensation for inflation and government borrowing risks.

The immediate boost for stocks Thursday came partly from the oil market. Brent crude fell about 3% to approximately $102.70 a barrel, retreating from nearly $110 earlier in the week. U.S. crude also declined, reducing fears that another energy-price surge would spread through transportation, manufacturing and household expenses.

Oil prices matter far beyond what motorists pay at the gasoline pump. Higher fuel costs raise expenses for airlines, trucking companies, manufacturers and retailers, which may eventually pass those costs to customers. A sustained decline in crude could therefore give businesses more room to absorb costs and reduce pressure on the Fed to raise rates more aggressively.

The bond market provided investors with another measure of relief. The yield on the benchmark 10-year Treasury note fell to about 4.95% after reaching approximately 5.01%. Lower Treasury yields can support stock valuations by reducing corporate financing costs and making future company earnings more valuable in current-dollar terms.

The combination of falling oil prices and lower bond yields helped investors look beyond Wednesday’s rate increase. The Fed’s action also removed a major source of uncertainty that had weighed on markets: whether policymakers would respond forcefully enough to inflation while energy prices were rising and the economy remained resilient.

Federal Reserve Chair Kevin Warsh said inflation remained too high and that the economy appeared strong enough to withstand tighter monetary policy. The Fed’s policy statement said domestic spending had remained resilient, productivity growth was strong and the labor market continued to be broadly balanced.

For businesses, the message is mixed. Companies may benefit if declining oil and transportation costs continue, but those savings could be offset by higher financing expenses. Small businesses, commercial-property owners and companies dependent on revolving credit may feel the effects sooner than large corporations able to issue long-term debt or finance operations from cash reserves.

Consumers face a similar divide. Savers could receive better returns on savings accounts and certificates of deposit, while borrowers are likely to pay more on variable-rate credit cards and newly issued loans. Many homeowners with fixed-rate mortgages are protected from immediate increases, but prospective buyers still face borrowing costs that remain high by recent standards.

Thursday’s rally therefore reflects relief rather than an all-clear signal. Investors welcomed a more predictable Fed response and a break in the oil-price surge, but another rate increase remains likely before year-end.

Whether the gains hold will depend heavily on upcoming inflation data, the direction of energy prices and the bond market’s reaction to continued federal borrowing. If oil resumes climbing or Treasury yields move decisively back above 5%, the pressures that triggered Wednesday’s selloff could return quickly.

JBizNews Desk | Wall Street

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New England Patriots owner Robert Kraft shot back at Macklemore after he challenged him to match a $1 million donation he is making to organizations providing aid to Palestinians, the latest escalation in a dispute that saw the artist booted from Ed Sheeran’s U.S. tour.

On Wednesday, Macklemore, whose real name is Benjamin Hammond Haggerty, said in a statement on Instagram that he would donate $1 million in his net earnings from Sheeran’s Loop Tour to six organizations supporting Palestinians. In the post, he invited Kraft to match the donation.

Kraft countered later that day, saying in a statement that Sheeran had already asked him to match the singer’s own $2 million commitment to humanitarian aid in the region “to fight this humanitarian crisis.” 

The exchange marked the latest clash between the artist and the billionaire owner of Gillette Stadium, which began after Macklemore made pro-Palestinian comments during two September opening performances at MetLife Stadium in New Jersey.

At the MetLife shows, Macklemore repeatedly said “Free Palestine” and criticized Israel’s conduct in Gaza. Several advocacy groups then criticized Macklemore, and the Israeli American Council called for him to be removed from the tour. Macklemore, for his part, said his criticism of Israel shouldn’t be interpreted as criticism of Jewish people.

In a Monday Instagram post, Macklemore said Sheeran told him personally that Kraft had barred him from Gillette Stadium following the MetLife shows, and that he had rallied other stadium owners to take the same position. Kraft later confirmed that he would not allow Macklemore to perform at Gillette, saying the decision was based on Macklemore’s recent actions and what Kraft described as “a broader history of antisemitic rhetoric and imagery” that he said “has been deeply offensive and hurtful to the Jewish community.”

Messina Touring Group, which is promoting the tour, also confirmed in a statement to multiple outlets that several venues said having Macklemore in the lineup was a red line and, as such, the promoter removed him from remaining U.S. tour dates. Messina Touring Group has not yet responded to Fortune’s request for comment. 

“Taking a side can cost you. Money, brand deals, sponsorships, festivals, private shows, relationships and access. I’ve lost all of those things. But there is no neutral position between the oppressor and the oppressed,” Macklemore wrote in his Instagram post Monday.

The fallout

The dispute over Macklemore’s comments is drawing attention to the issue of who can say what on some of the world’s biggest stages. Some politicians like Rep. Alexandria Ocasio-Cortez (D-N.Y.) and Sen. Bernie Sanders (I-Vt.) have called Kraft’s interjection censorship, but as a private venue owner, Kraft can decide who is not allowed in Gillette Stadium. 

The fallout from Macklemore’s removal has since spread. Other supporting artists scheduled to appear during Sheeran’s tour, including Billie Eilish’s music-producing brother Finneas, Irish singer-songwriter Aaron Rowe, and Danish band Lukas Graham, have all dropped out in solidarity. Beoga, the Irish group performing as part of Sheeran’s show, also dropped out.

Sheeran, for his part, said the decision to remove Macklemore wasn’t his own and that he “spent this week trying to build bridges, to find a solution and unfortunately, was unable to do so.”

Kraft echoed Sheeran’s language in his Wednesday statement, saying he has for decades supported efforts aimed at creating opportunities for Palestinians.

“I have dedicated much of my life to building bridges between all people. I believe deeply that all lives are worth protecting,” he wrote in a Wednesday post.

Kraft also said in his Wednesday statement that Sheeran is reaching out to other venue owners where he is scheduled to perform to encourage them to contribute to humanitarian aid in the region.

Still, Sheeran, who has often tried to maintain a neutral stance on political issues, is now at the center of controversy, despite efforts to distance himself. Some ticket holders have since asked for refunds following the change to the tour’s lineup.

The North American leg of Sheeran’s tour runs through Nov. 7 in Tampa, Fla and his next show is set for Sept. 19 in Philadelphia. Other than Kraft, none of the other venue owners appear to have made public statements about the Macklemore controversy other than to note a change in the lineup. 

This story was originally featured on Fortune.com

This post was originally published here. 

WASHINGTON – Any US sale of F-35 fighter jets to Saudi Arabia should account for Israel’s qualitative military edge and Riyadh’s place in a broader US-led regional security architecture before it moves forward, a Washington national-security expert told The Jerusalem Post following the State Department’s approval of a potential $24.3 billion deal.

Jonathan Ruhe, Fellow for American Strategy at the Jewish Institute for National Security of America (JINSA), said two major issues should be resolved before the kingdom receives the advanced stealth fighters – with Israel’s military edge and regional integration at the top of the list.

“The entire F-35 program is designed to support US-led collective defense,” Ruhe told the Post.

“America must show leadership on integrating Saudi Arabia into a new regional security architecture, and Riyadh also needs to show it’s a committed partner before it can obtain F-35s,” he said. “Israel’s QME is a key factor in this regional integration, and should be reflected in any potential F-35 sale to the kingdom.”

The State Department on Thursday approved a possible Foreign Military Sale to Saudi Arabia of 48 F-35A Lightning II Joint Strike Fighters, 49 Pratt & Whitney F135 engines and related equipment, training and support, with an estimated value of $24.3 billion.

An F-35 adir from 140 squadron take part in an Israeli air force air show during the graduation ceremony for soldiers who have completed the IAF Flight Course, at the Hatzerim Air Base in the Negev desert, June 29, 2023. (credit: OFER ZIDON/FLASH90)

The proposed transaction is not yet a completed contract. The State Department has approved the possible sale, which now moves through the US arms-sale process and congressional review. The State Department said the deal would strengthen Saudi Arabia’s ability to deter threats and improve interoperability with US and allied forces, and maintained that it “will not alter the military balance in the region.”

Israel is currently the only country in the Middle East operating the F-35. US policy on Israel’s qualitative military edge, or QME, is more than a political commitment: Congress wrote the requirement into law in 2008, obligating the US government to consider the effect of major regional arms sales on Israel’s ability to counter credible military threats while minimizing casualties and damage.

For Ruhe, preserving that edge should be part of a broader US effort to integrate Saudi Arabia into a regional defense architecture, rather than be treated simply as a technical question about the capabilities installed on individual aircraft.

China is the second test

The second issue, Ruhe said, concerns Riyadh’s defense and technology relationship with Beijing.

“In exchange for US arms sales and other security cooperation, Washington and Riyadh need an overarching, and overdue, agreement that formally ends worrisome Saudi-Chinese defense and technology ties,” he told the Post.

The New York Times reported Wednesday that US intelligence officials have warned in internal assessments that China could potentially obtain sensitive F-35 technology through espionage in Saudi Arabia or through Beijing’s existing military and security relationships with the kingdom.

A Defense Intelligence Agency assessment examined Chinese access to Saudi military facilities, as well as the kingdom’s use of Chinese telecommunications technology, and raised questions about whether sites housing sensitive F-35 systems could be adequately secured, according to the report. US intelligence analysts have also examined whether Riyadh would agree to restrict contact with Chinese military and intelligence personnel and remove certain Chinese telecommunications equipment from sensitive installations.

Those concerns are not entirely new. Similar worries over Chinese ties played a role in the difficulties surrounding a proposed F-35 sale to the United Arab Emirates following the Abraham Accords.

US enters negotiations with more to offer

Ruhe argued that Washington enters those negotiations with substantial leverage.

“The United States has leverage here, since it can offer Saudi Arabia much more than China can,” he said.

The F-35 is among the most sensitive weapons systems the United States exports, combining stealth, advanced sensors, electronic warfare capabilities and networked combat systems. The proposed Saudi package would also include secure communications and cryptographic equipment, electronic warfare database support, training, simulators, software and logistical support.

Lockheed Martin, based in Fort Worth, Texas, would be the principal aircraft contractor, while Pratt & Whitney would provide the engines.

The China question has therefore become intertwined with the question Ruhe places first: whether introducing the region’s second F-35 operator can strengthen a US-led security system without undermining Israel’s military advantage.

“The potential F-35 sale to Saudi Arabia shouldn’t move forward unless two key issues are first resolved,” Ruhe said.

Jonathan Ruhe is JINSA’s Fellow for American Strategy. He previously worked at the Bipartisan Policy Center, focusing on Middle East and former Soviet Union security issues, and his work has appeared in The Wall Street Journal, The Washington Post, Foreign Policy and The Dispatch.

This post was originally published on here. 

A Reform synagogue in Jerusalem was targeted for the second time in a month when a group of Jewish youths threw eggs at worshippers arriving for Rosh Hashanah services, in what the congregation described as an escalation in a series of attacks on Reform communities in Israel. 

The incident unfolded Sunday morning at Kol HaNeshama in Jerusalem’s Baka neighborhood, on the second day of Rosh Hashanah. The congregation said its security cameras recorded the youths, including their faces. It subsequently filed a police complaint and provided the footage. No injuries were reported. 

Debi Shoua-Haim, one of the congregation’s rabbis, told the Jewish Telegraphic Agency that the group had engaged with several members of the community before the egg-throwing began. 

“Some of their questions and comments were homophobic and bordered on harassment,” she said. “They were met with openness by everyone they spoke with, and it is unfortunate that this was their response.” 

“We see this as an escalation,” Shoua-Haim added. 

A view of ''Kol Haneshama'' synagogue building in Jerusalem on July 8, 2013. (credit: YONATAN SINDEL/FLASH90)

Congregation increases security

The congregation is increasing security for Shabbat Shuvah, the Sabbath that falls between Rosh Hashanah and Yom Kippur, as well as for services on the fast day itself, she said. 

“We would have preferred to keep our doors open to anyone who wanted to come in,” Shoua-Haim said.

The latest incident came a month after vandals broke into Kol HaNeshama overnight, smashing a window, entering the prayer hall, damaging artwork and tearing down Pride flags displayed by the congregation. 

Days later, attackers targeted a second Reform congregation, Darchei Noam in Ramat Hasharon, throwing a heavy paving stone through one of its windows. Rabbi Eli Levin told JTA at the time that he viewed the attacks on Reform communities in Israel as part of a pattern of unchecked hostility toward the movement. 

“The attacks on Reform Jews are carried out by hotheaded, ignorant Jews, and unfortunately there is no one in the political and haredi leadership who will stand up and condemn the act,” Levin said. 

The attacks come amid an ongoing fight over the status of non-Orthodox Judaism in Israel. Earlier this year, lawmakers advanced legislation that would effectively bar egalitarian prayer at the Western Wall. Last year, the governing coalition also considered a bill to narrow eligibility for Israeli citizenship under the Law of Return by eliminating the so-called grandparent clause, a move vehemently opposed by Reform and Conservative leaders. 

Kol HaNeshama has faced other attacks in the past, some of them targeting its support for LGBTQ inclusion. In 2018, a large rock was hurled into its courtyard while more than 200 people were taking part in Simchat Torah celebrations. No one was injured. In June 2023, the synagogue reported two break-ins within several weeks in which Pride flags were torn down, with intruders entering the sanctuary during one of them. 

Shoua-Haim said the congregation had not received any update from police on either of the two recent incidents. 

Israel Police did not immediately respond to a JTA request for comment on the status of either investigation. 

Israel Movement for Reform and Progressive Judaism criticizes lack of arrests 

The Israel Movement for Reform and Progressive Judaism said the lack of arrests in the recent cases was emboldening further violence.

“This is not a prank. This is violence against Jews for the way they choose to practice Judaism,” the movement said in a Facebook post. “And when there is no enforcement, violence grows.”

Kol HaNeshama said it drew encouragement from support it had received from neighboring synagogues across the Jewish denominational spectrum. A group of south Jerusalem congregations, including Orthodox ones, signed a letter of solidarity with the synagogue. Members of different streams also joined the synagogue for a Kabbalat Shabbat service.  

Despite the repeated attacks, Shoua-Haim said the congregation would not change its approach to Jewish communal life.

“We will continue on our path of openness and acceptance of every person,” she said. “We will continue to promote our values and sustain our community.”

This post was originally published on here. 

The problem was not Robert Kraft’s decision. The problem is how we explain it.

We removed the messenger from the stage without confronting the lie he was spreading. We focused on Macklemore–his rhetoric, his history, the hurt his words cause–when the far greater threat is the message itself. And in doing so, we inadvertently helped create precisely the narrative Macklemore and his defenders wanted.

Now the story practically writes itself: Macklemore dared to “speak truth to power.” He said what others supposedly do not want Americans to hear, and for his courage, a Jewish billionaire and other venue owners took away his microphone. Macklemore becomes the martyr. His cancellation becomes evidence of his righteousness. And Jews assume precisely the role his rhetoric already assigns us: morally compromised and willing to use our influence to suppress anyone brave enough to expose an uncomfortable truth.

We should stop defending ourselves against the accusation and start challenging the accusation itself.

Macklemore did not belong on that stage because he was using it to spread hateful lies about the Jewish state. He was telling an audience that the world’s only Jewish state is committing “genocide” and practicing “apartheid,” presenting those accusations not as arguments to defend, but as settled truths.

US rapper, singer, dancer and DJ, Benjamin Haggerty, known as Macklemore, performs at the Goldencoast Rap Festival in Corcelles-les-Monts, near Dijon, central-eastern France, on August 30, 2026. (credit: Arnaud FINISTRE / AFP via Getty Images)

That is not the same as supporting Palestinians or criticizing Israel. Macklemore remains free to say what he believes. But freedom of speech does not entitle anyone to someone else’s microphone, particularly an entertainment stage before thousands who bought tickets for a concert rather than to hear a political polemic.

There is also a bitter irony in the outrage over Macklemore being “canceled.” Where was this defense of artistic freedom when American Jewish musician Matisyahu had concerts canceled after activists targeted venues over his support for Israel, creating security and staffing concerns? Macklemore did not lose his place because of his identity. He lost that stage because of what he chose to do with it.

The accusations coming from more than Macklemore

And this is much bigger than Macklemore. He did not invent these accusations. He is simply their latest celebrity messenger.

“Genocide.” “Apartheid.” “Ethnic cleansing.” “War criminal.” We hear these charges on college campuses, across social media, in newsrooms, entertainment, politics, and our institutions. Repeated often enough, they enter our discourse not as extraordinary accusations requiring proof, but as established facts requiring allegiance.

That is where the Jewish community has missed something fundamental. We have become very good at identifying antisemitism and condemning those who traffic in it. We have been far less willing to confront the lies that make the antisemitism possible.

Dara Horn has articulated something essential about antisemitism: it does not operate simply as hatred or intolerance toward Jews. It operates through a recurring lie–that Jews are responsible for destroying whatever a society holds most dear.

That distinction changes the prescription. If we treat antisemitism primarily as intolerance, we answer it with tolerance: more education, dialogue, and opportunities to understand Jews. Those things have value. But you cannot cure a lie by teaching people to become more tolerant of the people being lied about. You have to challenge the lie.

And we must confront the genocide lie more boldly. Israel is not committing genocide. The accusation is false and outrageous.

Genocide is not a synonym for a terrible war, a high civilian death toll, or even violations of the laws of war. It is a specific crime requiring intent to destroy, in whole or in part, a national, ethnic, racial or religious group as such. Intent is not incidental to the definition. It is essential.

Israel’s conduct matters too. John Spencer, chair of urban warfare studies at West Point’s Modern War Institute, has argued after studying the Gaza campaign that Israel has implemented more measures to prevent civilian harm than any military he has studied. That does not mean every Israeli decision was correct or every strike justified. But warnings, evacuations, and extensive civilian-harm precautions are evidence that must be confronted before accusing a country of intending to destroy a people.

The genocide accusation is a modern blood libel.

The original blood libel accused Jews of deliberately murdering Christian children. Its power came from transforming hatred into righteousness. Those who believed it did not imagine themselves persecuting innocent Jews. They imagined themselves protecting innocent children from evil.

The moral vocabulary changes. The mechanism remains hauntingly familiar. Today, someone can accuse the Jewish state of deliberately destroying a people and still sincerely insist–as Macklemore has–that he has nothing against Jews. He may genuinely believe he is standing against evil. That is precisely what makes the libel so dangerous.

Concern for Palestinian human rights, advocacy for Palestinians and criticism of Israel are not antisemitic. Palestinian suffering is real. Innocent civilians have died, and where individuals commit crimes, they should be held accountable.

But none of that establishes genocide. And compassion does not demand self-flagellation or self-erasure.

Jews should not have to accept the lie that Israel is committing genocide to prove that we care about Palestinian lives. We should not have to sever our connection to Israel to establish our moral credibility or repeat a blood libel against the Jewish state to demonstrate our decency.

Yet that is increasingly the moral test imposed upon us.

Accept that the world’s only Jewish state is committing one of humanity’s gravest crimes, and you can remain among the righteous. Challenge that premise, defend Israel against the charge, or refuse to distance yourself from the Jewish state, and suddenly your disagreement becomes complicity–and your connection to Israel becomes evidence against you.

That is not incidental to the antisemitism. It is how the antisemitism works.

Some argue that Netanyahu’s government or particular Israeli policies have made defending Israel more difficult. But difficulty does not turn an accusation into a fact. We do not have to support Netanyahu or defend every Israeli action. And distancing ourselves from Israel will not make American Jews safer; it only reinforces the dangerous fiction that Jewish safety depends on Jewish behavior.

We can defend Palestinian humanity without surrendering our own. We should not disavow Israel to demonstrate our decency or accept collective guilt for a crime Israel did not commit.

The answer to a blood libel is not to prove that Jews are good people. It is to expose the blood libel as a lie.

Robert Kraft is a hero for standing up. Now it is our job to stand with him–and fight the lies.

This post was originally published on here.