As of July 1, California police finally have a way to hold driverless cars accountable when they break traffic laws, closing a loophole that had left officers staring into empty driver’s seats with no one to ticket. Under Assembly Bill 1777, authored by Assemblymember Phil Ting and backed by a sweeping set of California Department of Motor Vehicles regulations, officers can now issue “notices of noncompliance” to the companies that operate autonomous vehicles, rather than to a human driver who isn’t there. The manufacturer must then report each notice to the DMV. It is the most concrete answer yet to a problem that has embarrassed and frustrated law enforcement across the country: how do you enforce the rules of the road on a car with no one behind the wheel?

The absurdity of the old system was on full display last year in San Bruno, California, where officers pulled over a Waymo for an illegal U-turn only to find no driver to cite. The department joked on social media that its citation books “don’t have a box for ‘robot.’” But other incidents have been far from funny. A Waymo ran a red light in front of an officer in Phoenix. Another failed to stop for a school bus in Atlanta. In January, a Waymo struck a child near a Santa Monica elementary school during morning drop-off, prompting a federal investigation by the National Highway Traffic Safety Administration. And during a blackout in San Francisco before Christmas, stalled Waymo vehicles clogged city streets and blocked first responders.

For police and fire departments, the operational headache went beyond tickets. Officers had no clear way to move a driverless car parked in the middle of an active emergency, and no person to give an order to. The new DMV rules try to fix that. Companies must now respond to first-responder calls within 30 seconds. Local officials can draw a digital “geofence” around a disaster or crime scene, and once that order is sent, the operator is legally required to make the vehicle detour or leave within two minutes. Remote operators, the people who monitor and sometimes steer these cars from afar, must now be licensed and permitted. Companies also have to report far more data on immobilizations, hard-braking events, and collisions.

The business stakes for the autonomous-vehicle industry are real. Waymo, owned by Google parent Alphabet, runs roughly 1,000 driverless vehicles in the San Francisco Bay Area alone and is among the companies most exposed to the new framework. The cars have already piled up about $65,000 in parking tickets, a bill that will grow now that moving violations are on the table. More significant than the fines is the enforcement leverage: the DMV can restrict a company’s fleet size, speed, and operating territory, or suspend and revoke permits outright, if a manufacturer racks up violations or ignores emergency directives. For a business racing to expand city by city, that regulatory power is a direct threat to the growth story investors are counting on.

The companies are pushing back on parts of the plan. In comments on an earlier draft, Waymo objected to publicly disclosing the noncompliance notices it receives, saying it wanted to protect confidential business information. That tension, between public accountability and corporate secrecy, is likely to define the next phase of the fight as regulators in other states watch California for a model. The law also leaves a notable gap: while it spells out how citations are issued, it does not set specific fines or criminal penalties for companies that pile up repeated notices, leaving the ultimate financial consequences unclear.

Public wariness gives the crackdown its political fuel. A recent Pew Research Center survey found that only 5% of Americans have ever ridden in a driverless car, while 71% said they would feel uncomfortable doing so and just 7% called themselves very comfortable with the idea. Fresh controversies keep the technology in the spotlight. This week, police in San Mateo, California, detained two teenagers after a Waymo disabled itself and alerted authorities to suspected trouble inside, reigniting a separate debate over how much these camera-covered vehicles surveil the people around them.

For now, California has handed police a tool they lacked, and handed the robotaxi industry a new set of costs and constraints to manage. Whether a notice mailed to a corporate office carries the same weight as a ticket handed to a driver is the question the next year of enforcement will answer. As more cities welcome driverless fleets, the pressure to make the machines follow the same rules as everyone else is only going to build.

JBizNews Desk | New York © JBizNews.com All Rights Reserved. Reproduction or distribution without written permission is prohibited.

After several months in which it seemed possible that elections would be called earlier, Israel now has a date for its voters to head to the polls to pick a new government. 

The Knesset House Committee on Sunday affirmed an election date of Oct. 27, the latest allowed by law, following months of political maneuvering by both the opposition and the governing coalition to force an early collapse of the government.

The determination puts Prime Minister Benjamin Netanyahu’s government on track to be the first to complete a full term in more than half a century, with the Knesset set to disperse on July 17. 

The timeline means that the intense final weeks of campaigning will overlap with the three-year anniversary of the Oct. 7, 2023, attack on Israel that is looming large over the race, particularly for Netanyahu, who was in charge at the time.

It also means that Israelis living abroad – who number more than ever before – now know when they must be in Israel if they wish to vote. Unusually, Israeli law does not allow for absentee voting except in a narrow number of situations, meaning that almost anyone with an Israeli passport who lives outside of Israel must travel back to cast a ballot.

In past elections, Israelis abroad have faced tough decisions about whether to fly home to vote – most recently in 2022, when Israel had a fifth round of elections in four years.

This time around, there are even greater pressures. A record number of Israelis have moved abroad in recent years, with 70,000 leaving in 2025 alone, resulting in an unusual net migration loss for Israel. Flights, meanwhile, are historically expensive, owing to cancellations by foreign carriers amid war-induced uncertainty. At the same time, the stakes of the election are high, with analysts and politicians of all ideologies warning that Israel’s democracy is at an inflection point.

Polls show opposition in lead

Netanyahu and his supporters say reelecting him is the only way to keep Israelis and Jews around the world safe, while a wide range of opposition parties say only they can safeguard the country’s future, For now polls suggest that the opposition has a majority of voters’ support – though it’s not clear which bloc will have the necessary votes to form a government and, within the opposition bloc, which parties will command 

Recent polls have shown a new party formed by Gadi Eisenkot, a former army chief whose son was killed during the Gaza war, leading among the opposition and rivaling Netanyahu’s own Likud party in its share of voters. A joint party led by the former prime ministers Naftali Bennett and Yair Lapid also has support from significant numbers of voters, as does a left-wing party led by the retired army general Yair Golan. Parties will hold primary elections in the coming weeks.

Some initiatives are already underway to help Israelis abroad get home for the election. The AID Coalition is collecting information from interested Israelis with the goal of potentially chartering flights to boost the number of people who can make the trip – though each voter will bear his or her full costs.

‘Don’t let distance silence your voice’

“Don’t let distance silence your voice,” the group tweeted on Sunday, after the election date was announced. 

Meanwhile, Israeli academics have scheduled a slew of conferences in the days before the election across dozens of fields. Israeli Science and Academia Week says it “seeks to leverage the arrival of thousands of Israeli researchers from abroad to Israel during the Knesset election period to create professional meetings, encourage research collaborations, reveal new academic opportunities, and strengthen the international status of Israeli academia.”

It may also have the effect of enabling Israeli academics working abroad to get their institutions to subsidize their travel and permit them leave during the school year.

Israelis posting to social media are already noting a spike in ticket prices just ahead of Oct. 27. But many are also sharing screenshots of their ticket receipts that show the number of days until their trips – and the election.

“My entire feed is full of screenshots of flight tickets to Israel for election day. People spending money, taking time off, and coming specifically just to vote,” tweeted Avi Edelson, an anti-government activist whose LinkedIn account identifies him as working at El Al, Israel’s main airline. “It reminds me how much people care about the future of this country.”

This post was originally published on here. 

An Israeli citizen was killed after a fall in the Swiss-Italian Alps in the border region, Israeli media reported on Monday.

The reports cited the town of Hurfeish, which announced the death of a 32-year-old resident, Alam Fares, “with great sorrow and a heavy heart.”

Hurfeish is a Druze town in the Upper Galilee, close to the Israel-Lebanon border.

This is a developing story.

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The document released on Monday, which showed that Hamas leader Yahya Sinwar believed Israel might use nuclear weapons in response to an October 7 massacre-style invasion, is nothing short of astounding.

Why? Because it reveals both Sinwar’s irrationality and Israel’s abject failure to properly understand the fanaticism driving Hamas’s leadership.

The concept of Mutual Assured Destruction (MAD), which dominated the Cold War, was based on one simple assumption: that both the United States and the Soviet Union were rational actors. If each knew the other possessed the means to destroy it, neither would dare strike first – because who, in their right mind, would invite destruction upon themselves?

Who? Actors motivated by an apocalyptic, messianic ideology for whom your destruction is more valuable than their own survival.

Evil, according to one definition, is someone who believes that his salvation can only come from your destruction. Sinwar took that one step further: Israel’s destruction was so important that he was willing to risk his own demise to bring it about.

The Amit Terrorism and Intelligence Research Institute released a handwritten document by Sinwar that fell into Israel’s hands during the Israel-Hamas War in Gaza. Dated August 24, 2022 – some 13 months before October 7 – it revealed that Sinwar anticipated Israel would mount a blistering response to an invasion, and he did not rule out the possibility that it would even use nuclear weapons against Gaza.

“The enemy will not hesitate to use all the means and weapons at its disposal, not only through attack but also by other means,” Sinwar wrote. “It may even use a nuclear bomb. But first, it will be surprised by the attack and descend into chaos.”

Sinwar knew the consequences

Forget for a moment the absurdity of the claim: Nuclear fallout from a bomb dropped on Gaza would contaminate Israel as well. What matters is what this reveals about Sinwar’s mindset.

What, he didn’t realize that launching an October 7 massacre-style attack would invite a devastating Israeli response? Of course he did.

This document shows that he even contemplated the possibility of an Israeli nuclear response. Yet, even with that possibility factored in, he still went ahead with the attack.

The potential destruction of Gaza was not a deterrent for Sinwar. It was an acceptable price.

Why? Because he believed it would ignite a regional conflagration that would ultimately consume Israel.

His hope was that Hezbollah would immediately enter the war while Israel was reeling in chaos; that Iran would rain ballistic missiles down on the country; that the Houthis would attack from Yemen; that the West Bank would erupt; and that Arab Israelis would again rise up, as some did during Operation Guardian of the Walls in 2021.

Even massive devastation in Gaza, he reasoned, would be worth triggering a regional war that would bury Israel.

His salvation would come through Israel’s destruction. Pure evil.

Seen through the prism of this document, the notion that Hamas could be pacified with suitcases of Qatari cash or thousands of work permits for Gazan laborers was sheer folly. It reflected a fundamental misreading of the enemy.

Those policies assumed Hamas’s leaders could be persuaded to choose economic well-being over the destruction of Israel. But this document suggests that Sinwar was motivated by something different altogether. He was prepared to risk not only Gaza’s prosperity, but Gaza’s very existence, if that was the price of destroying Israel.

One of Israel’s major mistakes in assessing Sinwar and Hamas was viewing them through our own prism – looking at them as though we were looking in a mirror.

We assumed they would think as we would. Who would knowingly invite that level of destruction upon themselves? We would never do that. So, we assumed they wouldn’t, either. But now we have Sinwar’s own words showing us that even the prospect of nuclear devastation did not deter him.

There are obvious parallels to Osama bin Laden’s attack on the United States on September 11, 2001.

Bin Laden, too, understood that the attacks would provoke a massive American military response. But that was not a disincentive. On the contrary, he hoped that the American reaction would ignite a wider civilizational war between Islam and the West.

The implications of the Sinwar document extend far beyond Gaza.

Hamas willed mutual destruction; other Islamist regimes may make same sacrifice

If, in pursuit of a messianic religious ideology, Hamas’s leader was willing to sacrifice Gaza in order to destroy Israel – rendering Mutual Assured Destruction irrelevant – then the same could be true of other fanatical actors in the region, including Iran.

US President Donald Trump said earlier this month that Iran must never be allowed to obtain nuclear weapons, because if it did, it would use them.

Iran’s apologists scoff at that argument. Of course they wouldn’t, they say. They know that if they used nuclear weapons, they, too, would be destroyed.

The Sinwar document suggests otherwise. It shows that at least some of the religious fanatics Israel is confronting may view their own destruction as an acceptable price if it advances what they believe to be a divinely ordained mission.

And that brings us back to the definition of evil: someone believing that his salvation can only come through your destruction.

Sinwar’s admission provides a rare peephole into that mindset, one shared by some of Israel’s implacable enemies. Now, Israel needs to make sure the rest of the world looks through that peephole as well.

This post was originally published on here. 

Opposition leader Yair Lapid pledged on Monday that the next government would “repair Israel,” as other opposition party leaders vowed to repeal the coalition’s controversial legislation being advanced in a legislative blitz during the Knesset’s final week, before it goes into recess ahead of the October 27 elections.

Lapid made the remarks at the Knesset plenum, ahead of a vote on the contentious bill that seeks to enshrine Torah study as a fundamental value in the country’s basic law.

Critics argue that the legislation encourages draft evasion and changes the status of yeshiva students who do not serve, enabling them to continue receiving state benefits, even amid the IDF’s severe manpower shortage.

“The next Knesset will be a Knesset of repair. We will come here not to destroy, not to fight, not to steal, but to repair the State of Israel together,” Lapid said.

He sharply criticized the government’s current term, vowing that the opposition bloc would establish a state commission of inquiry into the government failures during the October 7 Hamas attacks in 2023.

“If, under your watch, October 7 was the moment of the greatest destruction, we will pass a state commission of inquiry so that Israel’s citizens will know that we have taken the first step toward repairing the fracture and healing the wound,” Lapid said. “Repair begins with acknowledging the truth.”

His statements come three years after the massacre, with no probe yet established amid an ongoing dispute over what kind of investigation should be conducted and who should lead it.

Oct. 7 investigation still pending

The political echelon has repeatedly blocked a state commission of inquiry into the events surrounding the attacks, despite polls showing huge public support for this type of investigation.

The coalition has recently advanced a contentious bill in its first reading to establish a politically appointed investigative committee to probe government failures during the massacre.

Other opposition party leaders in the bloc seeking to replace Prime Minister Benjamin Netanyahu in the elections also condemned the coalition’s legislation while speaking during faction press conferences in the Knesset.

They spoke on their plans for the next government after the elections and pledged to repeal the legislation.

Yisrael Beytenu leader MK Avigdor Liberman said, “What we are seeing in the Knesset today, and what we will see throughout this entire week, is a liquidation sale of the State of Israel and all of our basic values.”

“Let it be clear: In the next government, we will repeal all of these laws,” he said.

“We must defeat draft evasion before it defeats us. The damage being done to the IDF, to security, to operational capabilities, and to the readiness of the reserve forces is unprecedented,” Liberman added.

Liberman calls to stop funding draft dodgers

He also called to halt all state funding to draft evaders and advance legislation that would enforce haredi conscription.

Democrats party leader Yair Golan said that “the 25th Knesset will be remembered as the most extreme, divisive, and destructive Knesset in the history of the State of Israel.”

“We will repeal every one of these destructive laws, one by one. We will repair all the damage caused by this government and this Knesset,” he claimed. “Instead of legitimizing draft evasion, we will lead a policy of equal military service. We will stop funding draft evasion and create a system that encourages military service, employment, and paying taxes.”

“Instead of the Basic Law: Torah Study, which cynically exploits Israel’s Basic Laws for political purposes, we will complete Israel’s Basic Laws, strengthen democracy, and lay the foundation for a constitution,” Golan said.

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Saudi Arabia said it intercepted ballistic missiles fired at the country’s south by Yemen’s Houthi terrorists on Monday after the group accused Riyadh of striking an airport they control, testing a years-long truce in the conflict between the two.

Saudi air defenses “have dealt with a threat from ballistic missiles launched by the terrorist Houthi militia toward the southern region,” the spokesperson for a Saudi-led military coalition in Yemen said on X/Twitter.

Earlier Monday, the Houthis accused Saudi Arabia of launching airstrikes against the international airport in Sana’a, and vowed to retaliate. The strikes were claimed by Yemen’s internationally recognized government, which is heavily backed by Riyadh, where many of its members reside.

Houthi military spokesperson Brig.-Gen. Yahya Saree had called the attacks “blatant aggression” and said they had ended a period of de-escalation. He said Saudi Arabia would bear the consequences and that the attack would not go unanswered.

The Saudi government’s communication office did not immediately respond to the accusations.

Sana’a Airport in Yemen targeted to prevent Iranian plane from landing

The Yemeni government’s defense ministry said the runway at Sana’a International Airport had been targeted to prevent an Iranian plane from landing. An armed forces spokesman later said the aircraft had landed at Houthi-controlled Hodeidah airport.

It was unclear whether any attempt had been made to stop it from landing in Hodeidah, about 150 km. (93 miles) southwest of Sana’a, on Yemen’s Red Sea coast.

Another minister said the Houthis were detaining another plane, belonging to the International Committee of the Red Cross, at Sana’a airport.

The general aviation authority of Yemen’s Saudi-backed, internationally recognized government briefly ordered the closure of all airports nationwide, before announcing hours later that they had reopened.

This post was originally published on here. 

Meridian Title Corp. has acquired IN Title Company, expanding its presence in Indiana and growing its network to 43 offices across Indiana and Michigan.

IN Title Company, which serves Delaware and Henry counties, will continue operating with its existing team while gaining access to Meridian’s technology, resources and expanded title service offerings.

According to Jim Smith, co-president and attorney at IN Title Company, “This partnership allows us to continue serving our clients with the same local focus, while gaining access to additional resources and technology to support our growth.”

Jim Trulock, co-president and attorney at IN Title Company, said the decision followed discussions with Meridian’s leadership team.

“After getting to know Randy, Terri and the broader Meridian team, we are confident that this is the right partnership for our employees and our clients,” Trulock said.

IN Title Company is a full-service title agency with offices in Muncie and New Castle, Indiana, handling residential and commercial real estate transactions throughout its service area.

The acquisition increases Meridian’s workforce to more than 230 employees and enables IN Title Company to offer additional services, including 1031 tax-free exchange transactions, tax sale property services and title services in additional states, including Michigan, Florida, Illinois, Kentucky, Minnesota, Missouri, Ohio, Tennessee and Wisconsin.

Founded in 1938 and headquartered in South Bend, Indiana, Meridian Title provides title insurance, title research, escrow and closing services, tax sale certification and support for residential, commercial, new construction, land development and default transactions.

This article was generated using HousingWire Automation and reviewed by a HousingWire editor before publication.

This post was originally published on here. 

Higher mortgage rates will weigh on second-quarter originations and third-quarter guidance for nonbank lenders, even as slower prepayments bolster servicing income, BTIG analysts said in a report issued Monday.

Earnings season will start on Tuesday with Wells Fargo and JPMorgan Chase, giving investors something to chew on before the publicly traded nonbanks deliver their results for the period. BTIG kept its estimates largely unchanged compared to a mid-June update.

“The impact of rates continues to be the biggest driver of the nonbank originators in the near term,” the BTIG analysts wrote. “The more balanced business models will benefit from the positive servicing impact of higher rates.”

Across its coverage universe — loanDepot, PennyMac Financial Services, Rithm Capital, Rocket Companies and United Wholesale Mortgage — BTIG expects second-quarter origination volume to rise about 3% from the prior quarter. The volume forecast is at $154.5 billion for its coverage list, below consensus expectations of $159 billion.

Meanwhile, for the third quarter of 2026, BTIG expects a 3% decline in origination volume for its coverage universe, compared to consensus expectations for a 1% increase. But the analysts added that “we see the risks as being skewed to the downside with 3Q guidance given the current rate environment.”

Company performance

The analysts said profitability will be pressured in the second quarter due to timing differences between rate locks and funded loans. Lock volumes, which drive revenue, are running below funded volumes, which drive expenses, as higher rates suppress new demand. BTIG estimates lock volume for its coverage list will be down 1% in the second quarter.

Gain-on-sale (GOS) margins are expected to be modestly higher in the second quarter, driven largely by a mix shift away from refinances toward second liens, which typically carry higher margins. As a proxy for primary-secondary spreads, BTIG’s coverage-wide GOS dollars as a percentage of locks is projected at 1.70% in Q2.

At a company level, BTIG analysts expect the highest GOS from loanDepot (3.45%), followed by Rocket (2.73%), UWM (1.25%), Rithm (1.04%) and PennyMac (0.79%).

Extended MSR lifespans

On the servicing side, BTIG analysts sees a rebound in second-quarter profitability driven by slower prepayment speeds and seasonally higher escrow earnings. Lower constant prepayment rates (CPRs) extend the life of mortgage servicing rights (MSR) and reduce amortization expenses.

For Q2 2026, conventional CPRs fell 90 basis points to 8.8% while government CPRs dropped 60 basis points to 11.9%, BTIG analysts said, citing Bloomberg data. Among covered originators, UWM and Onity Mortgage saw the largest declines in speeds — down 36% and 17% respectively — consistent with their higher-coupon servicing portfolios, which are more sensitive to rate moves.

BTIG also highlighted the composition of servicing books by coupon. As of June 30, portfolios show varying concentrations in 6% and higher coupons, which carry more prepayment and valuation sensitivity in volatile rate environments. Lenders with a higher share of 6% to 7% and above-7% coupons have more leverage to both rate selloffs and rallies in their MSR marks.

“Interest rates were higher in 2Q which should result in positive MSR marks; we expect more of the marks to come from the impact of higher short-term rates than slower prepay speeds, especially for the lower coupon portfolios,” the analysts wrote.

They added that volatile rates in the quarter could result in elevated hedging costs.

This article was written by Flávia Furlan Nunes and generated with the assistance of HousingWire Automation, then reviewed by a HousingWire editor before publication.

This post was originally published on here. 

The Federal Housing Finance Agency (FHFA) wants to drop “reputational harm” as a basis for suspending firms and individuals that do business with Fannie Mae, Freddie Mac and the Federal Home Loan Banks.

In a notice of proposed rulemaking published Monday in the Federal Register, the agency said removing the reputational-harm standard would “eliminate redundancy” and reinforce that counterparty oversight should rest on “material and measurable risks.”

If finalized, FHFA would issue a suspension order only when covered misconduct is likely to cause significant financial harm to a regulated entity or threaten its safe and sound operations. Comments are due on or before Aug. 12.

The Suspended Counterparty Program requires the government-sponsored enterprises (GSEs) to report when they learn that a counterparty has been convicted of, or administratively sanctioned for, certain types of misconduct tied to mortgages, mortgage securities or other lending products within the past three years.

FHFA can initiate a proposed suspension based on these reports, referrals from the FHFA’s Office of Inspector General or other information. A final suspension order directs the regulated entities to stop doing business with the suspended party, and respondents may appeal to the FHFA director.

Under the current rule, FHFA may issue a final order if the record shows the misconduct is likely to cause “significant financial or reputational harm” to a regulated entity, or otherwise threatens safe and sound operations.

Covered misconduct includes fraud, embezzlement, theft, conversion, forgery, bribery, perjury, false statements or claims, tax evasion, obstruction of justice, and similar offenses when connected to mortgage or other lending activity.

FHFA said its experience, administering the program shows the reputational-harm prong is unnecessary and adds subjectivity. In the agency’s view, misconduct severe enough to qualify as “covered” already implies financial risk or a safety-and-soundness concern—making an additional reputational test duplicative.

The proposal would also bring FHFA’s approach closer to that of other federal banking regulators, including the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corp. (FDIC).

FHFA said the change aligns with administration directives to reduce regulatory burdens, focus enforcement on clearly authorized statutory powers, and use public and private resources more prudently.

This article was written by Flávia Furlan Nunes and generated with the assistance of HousingWire Automation, then reviewed by a HousingWire editor before publication.

This post was originally published on here. 

Middle-income Americans who buy their own health insurance are unlikely to catch a break next year, according to a new analysis released Wednesday by health policy nonprofit KFF, which found that insurers are proposing a second consecutive year of double-digit premium increases. Across the 77 Affordable Care Act insurers that have filed public rate requests in 16 states and Washington, D.C., the median proposed premium increase for 2027 is 14%, according to the Peterson-KFF Health System Tracker.

The proposed increase comes on top of already steep increases this year. Median premium requests for 2026 reached 20%, meaning marketplace premiums could rise by more than one-third between 2025 and 2027 if regulators approve the latest filings. Cynthia Cox, Director of KFF’s Affordable Care Act Program, described the situation as a triple hit for consumers who have already faced higher premiums and reduced federal tax credits.

Insurers cited several factors driving the proposed increases. The largest remains the rising cost and use of healthcare services, including hospital care, physician visits and prescription drugs. Growing demand for GLP-1 weight-loss medications has also added significant pressure to insurers’ medical costs. More broadly, inflation continues pushing higher labor costs and provider expenses throughout the healthcare system.

Another important factor stems from changes to federal subsidies. According to KFF, roughly four percentage points of the proposed increases are tied to the expiration of enhanced Affordable Care Act premium subsidies that lapsed at the end of 2025. The organization estimates that change alone contributed to a 58% average increase in out-of-pocket premiums during 2026, while increasing deductibles by roughly $1,000 per person.

Some insurers also pointed to regulatory changes affecting enrollment and eligibility, along with higher medical claims resulting from patients requiring more intensive care. Several companies noted that healthcare providers are increasingly using artificial intelligence tools to identify billing codes that maximize reimbursements, contributing to higher claims costs.

Most marketplace enrollees will continue receiving some level of financial assistance that shields them from the full premium increases. However, households earning more than 400% of the federal poverty level—approximately $62,600 annually for an individual—generally no longer qualify for premium assistance and therefore face the full cost of rising insurance prices. Stacey Pogue of Georgetown University’s Center on Health Insurance Reforms, whose independent research reached similar conclusions, said those consumers will experience the greatest financial impact.

The effects extend well beyond individuals purchasing coverage through Affordable Care Act exchanges. The same medical inflation affecting marketplace plans is also increasing the cost of employer-sponsored health insurance. PwC projects that healthcare costs for employer-sponsored plans will rise another 9% during 2027, placing additional pressure on businesses already coping with higher labor and operating expenses. Small employers, in particular, may face difficult decisions involving employee benefits, hiring and compensation.

Affordable Care Act enrollment has already declined by approximately 3 million people compared with a year earlier as higher costs have caused some consumers to leave the marketplace. While insurers still have until July 15 to submit final filings and regulators may reduce some requested increases before approval, the early data point toward another challenging enrollment season when consumers begin shopping for 2027 coverage later this year.

For households, employers and insurers alike, the underlying trend remains the same: healthcare costs continue climbing faster than overall inflation. Unless medical spending moderates or new policy changes provide relief, Americans shopping for individual health coverage should prepare for another year of higher premiums and rising out-of-pocket costs.

JBizNews Desk | Washington

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

Federal regulators are warning the banking industry to carefully consider the risks of lending to individuals who lack authorization to work in the United States, including income uncertainty and the risk of deportation.
“When a borrower’s income is derived from employment that is not legally authorized, the source of repayment may be less reliable ​and may ​present increased credit risk,” the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), and the National Credit Union Administration (NCUA) said in joint guidance released on Monday.
The guidance does not impose new requirements or outright prohibit banks and credit unions from lending to such borrowers. Instead, it reminds them of their existing obligations….

This post was originally published here. 

China pulled off its first recovery of an orbital-class rocket booster on Friday, a milestone that places it in a two-nation club with the United States and takes direct aim at the commercial launch business SpaceX has dominated for a decade. The China Aerospace Science and Technology Corporation, the state-owned contractor behind the flight, called it a historic breakthrough after its Long March 10B rocket lifted off from the Wenchang Commercial Space Launch Site on Hainan island and its first stage returned vertically to a net-rigged platform at sea, state broadcaster CCTV reported.

The catch itself was the point. About six minutes after separating from the upper stage, the booster descended under engine power and was snagged by hooks and a net on an offshore platform, a lighter approach than the four landing legs SpaceX uses to set its Falcon 9 boosters down on land and on drone ships. The rocket, built by the China Academy of Launch Vehicle Technology, a unit of CASC, uses a five-meter first stage and also delivered a satellite to orbit on the same flight.

Reusability is not a stunt. It is the single biggest reason launch has gotten cheaper. When a company can fly a booster, recover it, and fly it again, it spreads the cost of the most expensive part of the rocket across many missions. That lowers the price of reaching orbit, shortens the wait between launches, and makes it affordable to loft the thousands of satellites needed for space-based internet. CASC said it plans to fly this same booster again by the end of the year.

That is where the commercial stakes come in. CALT has said it wants the Long March 10B to launch broadband-internet satellites, China’s answer to SpaceX’s Starlink, along with larger commercial payloads. Beijing is racing to build its own megaconstellations, and without cheap, repeatable launches, the math does not work. The booster recovered on Friday is a step toward the low-cost cadence that made Starlink possible in the first place.

For now, the gap remains wide. SpaceX landed its first Falcon 9 in December 2015 and flew roughly 165 orbital missions in 2025, close to one every other day and nearly twice the output of China’s entire space program. The Long March 10B can carry about 16 tons to low-Earth orbit, short of the Falcon 9‘s 22 tons, and China has yet to prove it can turn a recovered booster around quickly or cheaply. Friday’s success also followed a string of failures, including a December flight by private Chinese firm LandSpace, whose Zhuque-3 rocket reached orbit but exploded trying to land.

The United States is not standing still, and it is no longer a one-company field. Blue Origin, founded by Jeff Bezos, landed the first stage of its New Glenn rocket for the first time last November, giving American industry a second reusable heavy-lift option. That competition has kept US launch prices under pressure and US launch capacity ahead of the rest of the world.

China’s answer has been to open the field at home. Alongside the state-run effort, Beijing has encouraged a commercial space sector and eased rules so startups developing reusable rockets can raise money through public listings. The result is a scramble among state-backed and private firms to crack the same technology, with CASC and CALT now the first among them to land it.

The race carries weight beyond commerce. Space has become tightly linked to defense, communications, and surveillance, and the ability to launch often and cheaply feeds all three. NASA Administrator Jared Isaacman said recently that the United States is “very much in a space race” with China, telling CBS that Chinese astronauts will reach the moon. CASC is developing the broader Long March 10 family for crewed lunar missions before 2030.

For American companies, Friday’s landing is a signal rather than an upset. SpaceX still owns the global launch market, and Blue Origin is climbing. But China has now shown it can do the one thing that made that dominance possible, and it is assembling the financing, the launch sites, and the satellite ambitions to turn a single successful catch into a lasting competitor. The contest that has been largely American for a decade just gained a serious second front.

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Paramount CEO David Ellison is reportedly being pressured to move his business out of California as the state tries to interfere with a planned takeover of Warner Bros. Discovery. 

Ellison’s Paramount is seeking to acquire Warner Bros. Discovery in a $111 billion deal expected to close during the third quarter of this year. But the mega-merger has irked critics who fear combining two major Hollywood studios would hurt the industry while giving too much power to Ellison.

California Attorney General Rob Bonta on Monday led a group of 12 attorneys general in filing a lawsuit challenging the merger, claiming it would “lead to higher prices, lower quality, and less content for film and television, harming movie theaters, basic cable distributors, and ultimately, audiences on every sofa and movie theater seat in the U.S.” 

CHRISTIANE AMANPOUR POINTS TO ‘HEMORRHAGING’ AT CBS TO WARN OF DAVID ELLISON’S POTENTIAL TAKEOVER AT CNN

As a result, “Ellison’s friends and advisers have been pushing the media executive to consider shifting his business out of the state,” according to Semafor. 

“Ellison’s confidantes have pushed him to consider moving its corporate headquarters and reallocating much of its $30 billion in planned spending outside the state if California Attorney General Rob Bonta were to sue to stop the merger,” Semafor reported, citing “people familiar with the discussions.”

“No decisions have been made, these people said, and the considerations may just be a show of brinkmanship, given so much of the industry’s production takes place outside of Hollywood already,” Semafor continued. “Under the current deal, Paramount has committed to keeping both companies’ lots operational if it remains in California.”

Paramount did not immediately respond to a request for comment. 

PARAMOUNT, SKYDANCE COMPLETE $8 BILLION MERGER AS FCC CONTINUES CBS PROBE

The report added that Ellison “remains wary of the idea of leaving California” despite companies such as Oracle and Tesla previously fleeing amid issues with state regulators. 

Paramount told the Times it was prepared to address “legitimate antitrust issues,” but that the Warner Bros. Discovery deal “raises no such concerns.” 

Ellison, the son of billionaire Oracle co-founder Larry Ellison, took control of Paramount last year when Skydance Media and Paramount Global completed an $8 billion merger. Adding WBD to his portfolio would make the younger Ellison one of Hollywood’s most powerful people.

The Justice Department (DOJ) on Friday announced it has closed its antitrust investigation into Paramount Skydance’s proposed acquisition of WBD, concluding the transaction is not likely to harm competition or American consumers.

WARNER BROS DISCOVERY SHAREHOLDERS APPROVE PARAMOUNT SKYDANCE DEAL

The Antitrust Division said its eight-month review examined more than two million documents and found the deal could strengthen competition across the media and entertainment industry, including in streaming video, traditional television and theatrical film distribution.

However, state attorneys general retain independent authority under antitrust laws, and the DOJ’s decision does not itself prevent additional legal challenges to the proposed transaction.

The lawsuit, filed in the U.S. District for the Northern District of California, claims that the merger violates Section 7 of the Clayton Act, which holds that mergers that may substantially lessen competition or tend to create a monopoly are illegal. 

Bonta’s group has asked Warner Bros. and Paramount not to close the merger until after the judicial process concludes, and if they do not agree, the attorneys general plan to file a temporary restraining order. 

“California’s film and entertainment industry touches the lives of Americans daily — it comes into the living rooms of families, has a starring role in many young people’s first dates, and is a point of immense pride and employment for Californians up and down our state. Consolidation here not only leads to higher prices — it also leads to fewer opportunities for important stories to come to life, and fewer ways for audiences to encounter stories, ideas, and perspectives beyond their own experiences. In this country, no one is above the law. With this lawsuit, California and our sister states are fighting for free and fair markets, not rigged markets. America has no kings in government or our economy,” Bonta said in a statement. 

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Fox Business’ Jasmine Baehr contributed to this report. 

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Plans to turn a police precinct parking lot in the East Village into a mixed-use affordable housing project moved forward on Monday. The city’s Department of Housing Preservation and Development (HPD) announced the selection of Spatial Equity, Housing Works, Cooper Square Committee, and This Land Is Ours Community Land Trust to redevelop 324 East 5th Street into The Aurea, a roughly 131-unit mixed-use development with a senior center, community space, and parking facilities. Plans for new housing at the site have been in the works since the Soho Noho rezoning in 2021.

The team’s selection marks the first city land award of Mayor Zohran Mamdani’s administration and includes a community land trust as a development partner, ensuring long-term affordability, tenant oversight, and stewardship. All members of the team are mission-driven, minority-owned, or nonprofit organizations with decades of experience investing in and serving the surrounding area.

Thirty percent of the homes at The Aurea will be reserved for formerly homeless New Yorkers, with on-site supportive services provided by Housing Works.

Designed by SLCE Architects, the project will also feature landscaped terraces, green roofs, and all-electric building systems designed to meet Passive House sustainability standards.

The site is also highly accessible by public transit, with the F line located four blocks away at the 2nd Avenue subway station. The Bleecker Street and Astor Place stations are about a half mile away, offering access to the 6, B, D, F, and M lines. Several bus routes also serve the area.

“We’re turning an NYPD parking lot into approximately 131 affordable homes, a senior center and community space because public land should serve the public,” Mamdani said. “This project will provide permanently affordable housing, create homes for formerly homeless New Yorkers and put community stewardship at its center through a community land trust.”

“It’s the first City land designation of our administration, and it’s exactly the kind of housing we’re committed to building across the five boroughs: deeply affordable, community-led and worthy of the greatest city in the world,” he added.

The request for proposals for the project was shaped by extensive public feedback, including input gathered through the Soho/Noho Neighborhood Plan, multilingual outreach, and a public community workshop.

Plans to bring housing to the site date back to 2021, when the City Council approved the Soho/Noho rezoning. The rezoning is expected to bring roughly 3,000 new homes to the neighborhoods, including about 900 permanently affordable units in two of the city’s wealthiest areas.

The project builds on broader efforts to create affordable housing on city-owned land. On his first day in office, Mamdani signed a series of executive orders, including the creation of the Land Inventory Fast Track (LIFT) Task Force to identify city-owned sites that could be transformed into housing for working-class New Yorkers.

In addition to the East 5th Street site, another LIFT project recently announced by HPD is 1958 Fulton Street in Bed-Stuy, where a 100 percent affordable housing project with community space will be constructed.

“In one of the city’s highest opportunity neighborhoods, we are proud to work with our partners to create 131 new affordable homes, serving low-income New Yorkers, including seniors,” HPD Commissioner Dina Levy said.

“This development will not only provide much-needed housing, but also community space for the neighborhood. Today’s announcement is a testament to what can happen when we are able to cut through the red tape and unlock public land to build new affordable housing.”

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The High Court of Justice appeared reluctant Monday to intervene in the legislative process behind Communications Minister Shlomo Karhi’s sweeping broadcasting reform before the bill has passed into law, repeatedly questioning whether the petitions against it were premature.

Supreme Court Chief Justice Isaac Amit and Justices Alex Stein and Yechiel Kasher heard three petitions filed by Hatzlaha, the Union of Journalists in Israel and the Israel Press Council, which alleged a series of serious defects in the bill’s advancement.

A separate petition filed by Yesh Atid MKs Shelly Tal Meron and Yorai Lahav-Hertzanu is expected to be heard separately.

The hearing comes as the coalition races to bring the revised bill to its final Knesset votes before parliament begins its pre-election recess later this week.

Justices question timing of intervention

The judges focused heavily on whether the court should take the exceptional step of intervening while the legislative process remains underway, particularly when it will soon become clear whether the bill will pass.

Amit said the central question was why the court should rule on the petitions at this stage, noting that the bill could still either pass or fail.

Stein asked whether there was any precedent for the Supreme Court intervening in legislation before the process had been completed. “The court is a passive body, not an active one,” Stein said. “It does not enter in the middle of political processes.”

Intervening at this stage, he said, could undermine the boundaries of the separation of powers. Any procedural “fouls,” he added, could be considered if and when the bill became law.

Kasher similarly told the petitioners that their main difficulty was the timing of the case.

“You are asking us to stop a legislative process in the Knesset, something that has never been done,” he said, asking whether the alleged defects approached the level of extremity that could justify such a step.

Kasher added that court intervention two days before the expected vote would itself carry enormous weight.

The petitions, however, were initially filed months ago, with the first two submitted in October 2025, rather than immediately before the bill’s expected final votes. The Israel Press Council (IPC) filed an additional petition in December.

A representative of the Knesset argued that issuing an interim order would effectively amount to issuing a final order, since the Knesset’s current session is due to end this week.

Amit said at the end of the hearing that, should the bill pass, further petitions would likely challenge both its substance and the legislative process behind it. The procedural claims, he said, would not disappear.

Kasher also told the attorney representing Karhi that, if the minister insisted on advancing the legislation despite the objections raised throughout the process, he could not later argue against judicial intervention in the resulting law.

The court did not immediately issue a decision, though the judges’ remarks indicated considerable skepticism toward intervening before the legislative process had concluded.

Petitioners cite procedural defects

The petitioners argue that the bill was advanced through a chain of procedural defects, without sufficient professional oversight, preparatory work, or time for meaningful deliberation.

The government proposal was submitted to the Knesset with an exceptional footnote stating that it had not received the attorney-general’s approval, as required under her directives.

The petitioners later sought further court intervention over the establishment of a special committee, chaired by Likud MK Galit Distel Atbaryan, to consider the legislation instead of the Knesset Economic Affairs Committee.

They cited the position of the Knesset legal adviser, who said the Economic Affairs Committee was the body authorized to handle the bill, as well as objections raised by the Attorney-General’s Office and the Israel Regulatory Authority.

Bill advances toward final vote

The petitioners submitted an update on Monday, arguing that the problems had continued to accumulate, culminating in last-minute amendments presented by Karhi as technical wording changes.

“They are trampling every procedure, rule, section, and provision of law,” they argued.

The bill has undergone repeated revisions throughout the legislative process. The special committee approved it for its second and third readings last week, before reconvening Sunday to introduce additional changes.

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The IDF soldier who was seen on controversial influencer Clavicular’s stream was formally reprimanded by the IDF and has been removed from her position and demoted to a cook, N12 reported on Monday.

Braden Peters, better known as Clavicular, is a prominent “looksmaxxing” influencer who has made several public antisemitic comments, including appearing alongside the white supremacist Nick Fuentes singing Ye’s “Heil Hitler.” 

During his visit to Tel Aviv, which has drawn condemnation from many Israelis calling for his removal, Peters was seen streaming alongside Shira Braun, an IDF soldier in the Spokesperson’s Unit.

Braun appeared on several of Peters’s broadcasts, and he made several moves to touch or kiss her on camera, even commenting that he would take her to a hotel room.

Braun reportedly showed Clavicular the military’s official TikTok on her phone

In turn, Braun shared a post on her since-deleted Instagram where she taught the influencer an acro-yoga move, which was seen by nearly half a million users before being removed.

Most importantly, she showed Peters the IDF’s official TikTok page on her phone, leading to her reported removal from the unit.

Peters claimed that Braun was “the IDF’s social media manager,” but there is no one person who holds the title.

Additionally, the IDF has not confirmed if Braun was an official administrator of its social media, but the TikTok account is run by multiple soldiers in the Spokesperson’s Unit.

“The investigation into the incident is still ongoing, and disciplinary measures will be determined accordingly once it concludes,” the IDF stated.

“The soldier acted without coordination with her commander, and her conduct does not align with what is expected of IDF soldiers. The incident is under investigation, and the soldier will face disciplinary action.”

Clavicular may be leaving Israel, but the trouble he caused remains

Peters announced that he would be leaving Israel after an interview with Channel 13 where he was asked if he “came here to apologize.”

“This is the most ridiculous thing ever. I just woke up, and I don’t want to be talking to someone who is going to be rude. Because I’m here to do good things,” he said, and left the interview early.

While he is on his way out, the girls who appeared on his streams, Braun and Israeli influencer Shira Klein, have been left to deal with the consequences of meeting with him on his visit.

In addition to Braun potentially losing her position, she received hate messages and threats on her life, with people messaging her “too bad you weren’t raped and killed at Nova,” and “you wh**e, you escort, they’ll slaughter you, we’ll throw a party over your pieces.”

Klein took to social media to say she hadn’t known Peters was antisemitic prior to his visit, and said she had been contacted by an influencer in the hasbara community about “showing the world the ‘real Israel.’”

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Israel will try to speed up the talks with the Trump administration over the future Memorandum of Understanding (MoU), starting with an expected return visit to Washington this week, The Jerusalem Post has learned.

Despite Israeli efforts to move the talks forward, the pace of negotiations has been so slow that it is unclear whether Israel will be able to secure approval of a renewed MoU before a new US Congress takes office in January, the Post understands.

The MoU, for decades, usually runs on a 10-year cycle and is renewed and updated once a decade, and has been the main strategic document governing US military assistance and relations with Israel.

If the MoU is not signed by January, and even this week’s visit is not final, any new deal could face heightened opposition from a likely Democrat-controlled US House of Representatives and possibly even a Democrat-controlled US Senate.

Given that on April 16, 40 out of 47 Democratic senators voted to block various weapons sales to Israel, such a change in control could significantly impact the MoU, even as the US executive branch can carry out certain foreign affairs decisions on its own.

Originally, the talks were supposed to go forward at a steady pace at the start of 2026, defense sources have told the Post.

That process was delayed by the Iran war until April. Next, in April, the Post reported that the talks would charge forward in May.

Talks continue to drag

Either because even the shakiness of the post-Iran war period and the conflict in Lebanon have continued to distract the US administration, or because the politics of perception around how military assistance, or even partnerships, with Israel have radically changed in America in recent years, the talks have continued to drag on until now.

If originally the plan was to lock in the MoU before Israeli elections and prior to American midterm elections, now it appears that the best-case scenario might be to nail down a new MoU after both elections occur, but in the two-month period before the new US Congress takes office – and even that is now seen as a long shot.

In a radical departure from the historical reason for such talks, which have focused on maintaining or increasing military aid to Israel, the upcoming discussions are expected to focus on a process that will eventually wind down US military aid to Israel, in exchange for funds tied to a joint partnership.

The winding-down period of US military aid to Israel is expected to last 10 years.

The existing MoU runs from January 2019 to 2029, such that the next agreement would be expected to run from January 2029 to 2039.

Besides the political winds in Washington, the rush to negotiate also stems from the fact that many of the programs funded by an MoU require multi-year planning.

If Israel wants to receive certain military items in 2039, the deal and parameters for those items must be agreed upon several years in advance.

The sides will negotiate over the substance, timelines, and scope of future joint military and technological ventures between the two countries.

New weapon technologies as part of joint projects

According to Israeli officials, laser air defense and other new defense systems against threats such as hypersonic missiles, drones, and artificial intelligence are expected to be part of the menu of joint projects.

Regarding laser air defense, Israel believes it has a greater advantage over American progress in the area than in other kinds of interceptor-based defense, where US capabilities are also considerable.

Last week, the US published that it had signed deals with American companies for major progress in the laser air defense arena, and yet Israel may still be able to fill in aspects of the technology and operations where it is more advanced.

In return, the US may pour more funds into Israeli laser technologies even as Washington is investing in homegrown processes.

Notably, quantum computing does not appear to be high on the list of priorities for joint cooperation at this time, unlike laser and AI technologies, although that does not mean joint investments in the technology cannot advance in the future.

One issue with quantum computing is that the US is so far ahead of Israeli capabilities in that sector that Jerusalem may focus on dominating specific private-sector applications rather than pursuing a high-profile government-to-government approach.

Defense Ministry Director-General Maj.-Gen. (res.) Amir Baram, Israeli Ambassador to the United States Michael Leiter, and officials from the IDF, the Defense Ministry, the Finance Ministry, and the National Security Council will all be involved in the wide-ranging talks on behalf of Israel.

The US negotiating team has included US Secretary of State Marco Rubio, his senior adviser Michael Needham, and US Ambassador to Israel Mike Huckabee.

The Defense Ministry has told the Post, “The defense-strategic cooperation between Israel and the United States is deep, unprecedented, and rooted in shared values.”

According to the ministry, it is “committed to deepening this partnership for the long term – from aid to partnership – leveraging Israel’s standing as a model ally to ensure the qualitative and competitive edge of both nations.”

American foreign aid to many countries was already scaled back by the Trump administration earlier in 2025 as part of his “America First” ideology.

Prime Minister Benjamin Netanyahu has announced a plan to add around NIS 35 billion per year to the defense budget, focusing on increasing Israel’s capacity to produce munitions and technologies domestically and to achieve greater military independence.

Netanyahu and Israeli defense officials have wanted to avoid a recurrence of the May 2024 Rafah situation, where they delayed the invasion and reduced its intensity out of concern that otherwise Israel might run out of American-provided munitions.

There is a wide-ranging debate about whether there will be sufficient funds, with some worrying that reducing US aid will leave a major gap, while others believe that it is still unclear whether, or how, a monumental new funding surge would be spent properly.

More specifically, Israel does not produce its own fighter planes and is expected to seek additional F-35 fighters beyond the squadrons it has already purchased.

It is unclear what Israel would do to maintain its regional air superiority if a future US government refused to continue to sell the state its F-35 aircraft.

Netanyahu first publicly proposed shifting US military aid toward joint US-Israel ventures, apparently in anticipation of new, harsher political winds in Washington.

In December 2025, the Heritage Foundation proposed a process of zeroing out US military aid to Israel between 2032 and 2047.

At the time, the suggestion received heavy criticism, and Leiter even canceled his participation at a Heritage event where the proposal was due to be rolled out.

But since then, the ground has shifted, and Israel itself is proposing an earlier end to the aid, to be replaced by joint ventures.

The last MoU was signed in 2016 as the Obama administration was winding down, providing Israel with $38 billion over 10 years.

That deal focused on F-35 and F-15EX fighter jets, KC-46 tanker aircraft, helicopters, and $500 million annually for the development of more Iron Dome and other aerial defenses.

Overall, Israel’s defense budget post-October 7 has skyrocketed to NIS 144 billion (growing by dozens of billions of shekels since early 2026), with the defense establishment pushing for tens of billions more per year.

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The United Arab Emirates is planning to build a new port and container terminal on the opposite side of the Strait of Hormuz, in a push to bypass the Iranian closure of the waterway, the Financial Times reported on Monday.

According to the report, the new port would be built in the city of Fujairah on the Gulf of Oman, which already has an existing harbor, but it lacks the necessary infrastructure to serve as a major export hub for the UAE.

The initiative will be led by DP World, the UAE’s main port authority, and will also aim to reduce Dubai’s dependence on its flagship Jebel Ali hub in the Persian Gulf.

According to the UAE’s Arabian Business, the Emirates also plans to improve infrastructure at other ports in the Gulf of Oman, with the main plans centered on Dibba, Khor Fakkan, and the already mentioned Fujairah.

The push comes as conflict between the US, Israel, and Iran has complicated navigation in the Strait, with attacks against ships, marine mines, and fighting in the area stopping the transit in the waterway almost completely.

Replacing Strait of Hormuz with Mediterranean route

The Emirati decision to bypass the strait was also recommended by Prime Minister Benjamin Netanyahu at the beginning of the war with Iran, when he told Newsmax that the only long-term solution to the crisis in the Strait was to build pipelines to carry the Gulf state’s oil and gas to the Mediterranean.

“Long-term solutions include rerouting energy pipelines westward, across Saudi Arabia to the Red Sea and Mediterranean, bypassing Iran’s geographic choke point,” Netanyahu explained in an interview with conservative US media outlet Newsmax.

The project, which could be part of the India-Middle East-Europe Corridor (IMEC) initiative, would transform Haifa into a key oil and gas exportation hub.

IMEC, unveiled by former US president Joe Biden during the G20 Summit in New Delhi in September 2023, was conceived as a transformative infrastructure and trade project to link India with Europe through the Persian Gulf and the Eastern Mediterranean.

But even if there is political capital in Israel for the project to take place, sources told The Jerusalem Post last week that Saudi Arabia was pushing to take Israel out of the IMEC initiative.

One of the leading options under discussion would redirect the railway through Syria, creating a land bridge from the Gulf to the Mediterranean without passing through Israeli territory, they said.

At the same time, reports from Iran point out that the ruling elite is showing growing concern over the rapid progress of IMEC, according to sources familiar with the matter.

War didn’t give IMEC momentum

Samantha Sutton, a fellow at the Atlantic Council and former Director at the US National Security Council, told the Post last week that the current crisis in the Strait of Hormuz is not pushing the Gulf States towards Israel’s inclusion in the initiative, with her saying that a peace agreement with the Palestinians and normalization plans would be actually useful.

“I think that after the war, these countries now view Israel more like a liability than a partner. And while in other regions involved in the initiative there are great relations with Israel, like in India, I don’t think the last war helped to improve the image of Israel in the Middle East,” she explained.

“What would be supportive is integrating the Jordanians and the Palestinians in the initiative. I believe that if IMEC helps establish normalization with Palestinians, and includes in some way the West Bank and Gaza, then the project and Israel’s participation would have much more support. And there are political actors in Israel who plan to run in the upcoming elections, interested in making this happen,” she added.

Amichai Stein and Anna Barsky contributed to this report.

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A meeting concerning Hamas terrorists arrested after October 7 could not proceed after judiciary representatives failed to show up twice in a row, the Knesset announced on Monday.

The meeting had been on the topic of extending the terrorists’ detentions, as well as the possibility of visitation rights for them.

Chairman of the committee, MK Simcha Rothman, said that the Justice Ministry’s failure to attend the meeting demonstrated a “contempt for the Knesset.”

“I have a feeling they will come when they want to pass a law later on the agenda, and until they provide answers, none of their legislation will be advanced,” he announced.

“I cannot say I am surprised by their failure to appear today, but it was important to me to hold the discussion specifically today, following the law we passed yesterday and ahead of the plenary discussion, so the public can see that all the talk about gatekeepers and the rule of law comes from a group of liars and crooks. Gil Limon said during the discussions, ‘Who will protect us from the government’s arbitrariness?’ And I ask, who will protect the State of Israel from this group of people? We will take a recess and then hold a vote.”

Nukhba terrorists will not be released

He added that under no circumstances would the terrorists be released.

“Even if we do not approve [the detention extensions], no Nukhba terrorist will be released. It will simply require them to keep going to court to request detention extensions, creating a little more work for the government’s legal counsel, the State Attorney’s Office, and unfortunately, the police as well. But if it is not important enough for them to attend, they apparently have time to spare. I will not pass the law until I receive explanations as to why they are not here.”

MK Moshe Saada accused Attorney-General Gali Baharav-Miara of being a criminal, saying that she had abused her official authority and was guilty of extortion and breach of trust.

“I approached the civil service commissioner and asked him to initiate disciplinary proceedings against Gali,” he said.

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This is the web edition of STAT’s AAIC in 30 newsletter. Sign up to get it in your inbox here.

Hi there from Day 2 of AAIC. There may be 10,200 people here at the Alzheimer’s Association International Conference — up 1,700 from last year — from 115 countries, as the association’s Maria Carrillo announced at Monday’s plenary session. But by far my favorite person is the woman I saw taking a nap on a bench in a corridor, her sunhat pulled over her eyes. You are an inspiration.

One housekeeping note: Due to the vagaries of newsletter scheduling, we won’t have an edition tomorrow, but will be back in your inbox with a wrap-up edition on Wednesday. Keep your eyes on statnews.com tomorrow though and expect some conference news around 9:15 a.m. Eastern.

Latin American study praised as ‘landmark’ effort

For a disease that’s proven as intractable to treat as Alzheimer’s, it’s been known for quite some time what factors can heighten one’s risk for dementia. Poor nutrition, sleep, and cardiovascular health; a lack of physical activity and social engagement; and lower education levels all increase the likelihood that a person will develop Alzheimer’s.

A study reported at last year’s AAIC put interventions designed to reduce risk to the test. The U.S. Pointer study found that an intensive, structured program that encouraged improved diet and exercise, cardiovascular health monitoring, and other steps helped protect cognitive function among older adults at risk of dementia to a greater extent than a lower-intensity program that participants navigated on their own, even as both groups saw benefits. The study underscored that healthy habits contribute to a healthy brain.

Continue to STAT+ to read the full story…

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As financial anxiety climbs and Americans accumulate record amounts of home equity, estate planning is becoming a larger part of retirement and housing conversations, with reverse mortgages among the tools that senior homeowners can use to access the wealth tied up in their homes.

Cody Barbo, co-founder and CEO of Trust & Will, said the company’s 2026 Financial Advisor Report found that 54% of Americans are experiencing the highest financial anxiety they’ve ever had, even as many older homeowners have seen their homes appreciate dramatically over decades.

That combination is prompting more consumers to consider both estate planning and ways to leverage home equity for retirement expenses, caregiving, home renovations or helping adult children. In a conversation with HousingWire‘s Reverse Mortgage Daily, Barbo shared how he sees opportunities for mortgage professionals to intersect with estate planning conversations.

Editor’s note: This conversation has been edited for length and clarity.

Sarah Wolak: Trust & Will’s 2026 Financial Advisor Report goes into how estate planning is becoming a part of a larger financial advice conversation. How does that fit in with reverse mortgages?

Cody Barbo: The statistic that we have at the top of our survey is that 54% of Americans are having the highest financial anxiety they’ve ever had. It’s increased over the last 12 months. Everything’s more expensive; everybody knows this. It’s universal. You go to every pocket of the country and all levels of wealth — low, middle, even high-income earners — are dealing with more financial stress than they’ve ever had before.

When you look at the baby boomer segment, the majority of homeowners have completely paid off their mortgages and own their homes. It’s generally boomers, and the value of those homes has increased exponentially over the last 10, 20, 30 years.

They may have bought it for $100,000, $200,000 or $300,000, and that house might be worth five, 10, 15 times what they originally paid for it. So that’s a huge amount of liquidity for them to do a handful of things. They could use it for home renovations. A lot of older parents help their adult children by taking out a loan or taking out equity in their home to help them buy their first home.

And then, in addition to that, there’s just the cost of living. You have seniors with longer lifespans. Longevity is in mind, so they actually may have dipped too far into their retirement savings and have to dip into their home to get that equity.

I think it’s really consistent with the motivation. As much as people’s financial stress is going up, fortunately, people’s motivation to set up an estate plan is at the highest it’s ever been. People still aren’t doing it, though. That’s still the biggest blocker. They don’t know where to start.

Wolak: When you say that a lot of people haven’t started estate planning yet, do you think it’s because they don’t recognize that they need it? When you hear the phrase “estate planning,” you might think of a different lifestyle because “estate” is a luxurious word. Do you think that holds a lot of people back from taking that step?

Barbo: Yeah, it’s a lack of education. It’s a lack of awareness. We started this business eight years ago [and] we’ve got over a million people who have started their estate planning journey with us. But to be direct, I think they still don’t know where to start, and they need that motivation to get started.

Why this report is interesting is the number we have here — 27% would prefer to build an estate plan with a financial adviser. It’s the trust factor and having someone to sit down with, right? Affording the $3,000 to $5,000 attorney cost — a lot of families can’t afford it, or they don’t want to spend that much, but they’re willing to do it online.

There’s this hand-holding process involved. It’s why we offer really high-touch customer support. We have humans available five days a week. We have an attorney network. We have almost 500 estate attorneys across all 50 states that customers can work with.

But financial advisers — again, parallel to real estate professionals — are trusted individuals. So it’s really special for your audience to hear that the parallel is, if they’re not a financial adviser — which most of them probably are not — but the statistic here that 27% of customers would be willing to build an estate plan with a financial adviser, that same thing would parallel over to a real estate professional.

That real estate professional could say, “Hey, I helped you find your home, helped you sell your home, helped you with this reverse mortgage. I would love to help you protect your legacy and help secure your future with an estate plan.”

Wolak: So if it’s the younger folks who are more trusting of housing professionals, would it be the older folks who want to actually sit down with a financial adviser? Or are they just apprehensive about the whole process?

Barbo: Yeah, the older ones actually trust more like a lawyer. The human piece maps. It’s a very personal process to go through estate planning. It’s not just about assets. It’s things like, “Do you want to be resuscitated or not?” Who can make medical and financial decisions for you if you’re incapacitated?”

And then the most uncomfortable part is you have to think about your own death — burial, cremation. Human composting is legal in seven states now. It’s a wild thought process to go through.

Wolak: You bring up the factor of trust and sitting down with somebody, being comfortable with it, and that very much mirrors the reverse mortgage process.

Barbo: That’s why our platform is built for everybody. It’s a pretty even bell curve of millennials, Gen X and boomers. Our youngest customers are 18. Obviously, they’re setting up things like a health care proxy, or their parents are helping them set it up when they go off to college.

Our oldest customer is 102. Cradle to grave is kind of how we think about it.

When you think of reverse mortgages, it’s going to skew older because they’re thinking, “We’ve run out of cash. We need to tap into the biggest equity we have, which is our home value.” Usually it’s for a specific reason. It’s to renovate the home, help their kids, or cover health care costs if they have major surgeries or a diagnosis.

Usually it’s an urgent need, not “let’s just take out some cash because, why not?” And I think the interest that we have is the human support side.

Gen X, right now, is the most underserved generation of estate planning. That was pretty surprising data, and they’re in the real thick of it as the sandwich generation. Most Gen Xers are mid-40s to late 50s right now; they have kids who are still minors at home, but they also have aging parents that they’re starting to take care of. And Gen Xers are old enough that they may have their home fully paid off.

So when we think of a reverse mortgage, it might be because, “Hey, we need to build a granny flat in the backyard, an ADU in the backyard. We need to extend the second primary master bedroom on the first floor because mom or dad can’t go up and down the stairs anymore. They can’t take care of themselves full time anymore. We need to move them into the house.” This is super common too.

This post was originally published on here. 

Have you ever been prospecting and wished you could read minds to know exactly who’s ready to sell? While telepathy isn’t an option, predictive analytics will get you pretty close. Predictive analytics in real estate combines the use of historical data and algorithms to anticipate future market trends and identify potential sellers – sometimes even buyers, too. Real estate agents can use this data to identify motivated sellers and people who are likely to buy a home. 

We’ll review the best predictive analytics software that will give you a competitive edge in any market. Plus, we’ll take a look at the benefits and best practices to give you a better understanding of how real estate predictive analytics impact your business and how to use them to your advantage.

5 best predictive analytics software for 2026: At-a-glance

Logo-Smartzip

Best for targeting motivated sellers

SmartZip

From ~$500/month

Jump to details ↓

VISIT

Top Producer logo; a real estate CRM or customer relationship management software

Best for CRM integration and nurturing leads

Top Producer

From $179/mo

Jump to details ↓

VISIT

Fello new logo

Best for personal AI teammate

Fello

From $415/mo

Jump to details ↓

VISIT

Revaluate logo

Best for buyer and seller readiness scores

Revaluate

Contact for pricing

Jump to details ↓

VISIT

Propstream logo

Best for property valuation and market trends

PropStream

From $99/month

Jump to details ↓

VISIT

5 best predictive analytics software for 2026: At-a-glance

Best for targeting sellers through probate lead data

SmartZip

From ~$500/month

VISIT

Jump to details ↓

Best for CRM integration and nurturing leads

Top Producer

From $179/mo

VISIT

Jump to details ↓

Best for personal AI teammate

Fello

From $415/mo

VISIT

Jump to details ↓

Best for buyer and seller readiness scores

Revaluate

Contact for pricing

VISIT

Jump to details ↓

Best for property valuation and market trends

PropStream

From $99/month

VISIT

Jump to details ↓

SmartZip: Best for targeting motivated sellers

Logo-Smartzip

Starting at ~$500/month

SmartZip is a real estate predictive analytics tool built with real estate agents in mind. SmartZip uses AI-driven analytics to evaluate homeowner data and consumer behavior to identify who is most likely to be ready to sell their home. What does this mean for you? Agents can now spend time converting high-quality leads that are sure to turn into more closed deals instead of spending hours trying to identify potential sellers through expired MLS listings or door knocking.

While some agents may shy away from using high-tech solutions, SmartZip’s user-friendly platform is perfect for agents at all experience levels. With a built-in CRM and automated marketing tools, agents can work smarter – not harder. Streamline lead outreach and nurturing by staying connected with potential sellers, SmartZip increases the likelihood of conversion—helping agents secure more listings.

Features

  • Smart Targeting: Grow your listing pipeline through target marketing in local markets you choose.
  • Reach150 integration: Collects client testimonials that can be turned into targeted ads to generate new leads.
  • Automated valuation model (AVM): Boosts client consultations by using its proprietary algorithms to accurately estimate home values.
  • Market Pulse: Identify local market trends in real time with downloadable graphics to use in your marketing campaigns.
  • Smart Data: Over 1 billion data points on residential and commercial real estate.

Pros & Cons

  • Built-in CRM
  • Interactive dashboard
  • Automated print marketing
  • Integrates with your own farming strategy
  • Non-exclusive leads
  • Leads have to be nurtured to convert
  • Users report spending nearly $1000 per month to see results
  • Must sign up for demo to obtain pricing

Pricing

  • Pricing is custom to location, demographics and number of leads. There are also marketing add-ons available. Typically, pricing starts around ~$500/month; call to customize your pricing.

Visit Smart Zip

SmartZip Review

This post was originally published on here. 

Artificial intelligence is unlikely to upend the mortgage industry, but it could make the biggest lenders even stronger by lowering costs, speeding up loan production and accelerating industry consolidation, according to a July 12 report from investment bank Keefe, Bruyette & Woods (KBW).

KBW pushes back against the growing narrative that AI will broadly disrupt financial services. Instead, the firm argues that the industry’s largest players are best positioned to benefit because they have the scale, customer data, regulatory infrastructure and capital needed to deploy AI effectively.

The report looks at several sectors in the financial services industry, including exchanges, consumer finance, traditional banks, mortgage banking and title insurance, among others.

KBW’s broader analysis found that financial sectors with significant regulatory oversight, proprietary data and large technology budgets are expected to benefit the most from AI adoption.

The firm ranked exchanges as the sector least vulnerable to AI disruption, followed by consumer finance and the nation’s largest banks, arguing that these businesses are more likely to use AI to improve efficiency than face displacement.

Mortgage banking fell closer to the middle of KBW’s risk analysis. The company said the industry’s repetitive, rules-based workflows make it well suited for automation, but they expect AI to reinforce the advantages of large lenders rather than fundamentally reshape the business.

Mortgage insurance companies and mortgage real estate investment trusts (REITs) were ranked as carrying somewhat higher AI disruption risk, although KBW said these businesses also benefit from regulatory protections and capital-intensive business models that limit the threat of displacement.

Mortgage banking outlook

In mortgage banking, KBW analysts see AI as a productivity tool rather than a disruptive force, citing that several steps in the mortgage process remain labor-intensive and repetitive. Automating these tasks could shorten loan cycle times, reduce costs and improve accuracy, the report said.

KBW ranked mortgage banking among the financial sectors facing relatively high competitive pressure from AI, assigning it a risk score of 4.65 on a 10-point scale.

Analysts said the greater risk is not that AI replaces mortgage lenders; it’s that larger companies will pull further ahead while smaller competitors struggle to keep up with technology investments. The report points to workflow automation, improved servicing economics, correspondent lending pressure and faster industry consolidation as the biggest trends to watch.

Servicing could be one of the biggest beneficiaries of AI adoption, KBW analysts noted. Because servicing involves large volumes of repetitive, data-driven work, AI could lower servicing costs while helping lenders better identify refinance opportunities and retain existing borrowers.

Among mortgage companies, KBW highlighted Rocket Mortgage as one of the firms best positioned to benefit.

“As one of the largest IMBs, Rocket has the scale, proprietary borrower data, servicing portfolio, and capital to operationalize AI, and we believe disruption across the industry should accrue to the biggest platforms rather than threaten them,” the report said.

Analysts added that they expect Rocket’s investments in AI and machine learning to improve borrower retention, increase refinance recapture rates, and reduce expenses across the origination and servicing channels.

More broadly, KBW expects AI to widen the gap between industry leaders and laggards rather than transform mortgage lending itself.

KBW said it is cautious about smaller regional and community banks because AI is “likely to become ‘table stakes’ rather than a source of durable differentiation.

“These institutions generally lack the technology budgets, internal AI talent, and structured proprietary data needed to build differentiated AI capabilities in-house, leaving them more dependent on third-party vendors and core providers,” the report said.

This article was written by Sarah Wolak and generated with the assistance of HousingWire Automation, then reviewed by a HousingWire editor before publication.

This post was originally published on here. 

Keller Williams (KW) has agreed to acquire the Jason Mitchell Group (JMG), a Scottsdale, Arizona-based brokerage that closed nearly $5.9 billion in sales volume across more than 12,300 transaction sides in 2025 — adding one of the industry’s largest lead-conversion platforms to its franchise network.

The deal, announced by KW Monday, is expected to close in the third quarter, subject to customary conditions. Financial terms were not disclosed.

JMG operates in 37 states with more than 1,200 affiliated agents and is ranked among the top U.S. brokerages by RealTrends Verified.

The company has built a referral- and lead-driven model that routes consumer inquiries from mortgage and real estate partners to its agent network.

“One of the most exciting parts here is Jason’s business and JMG is effectively the biggest team-rich entity in the country,” Keller Williams President and CEO Chris Czarnecki told HousingWire in an exclusive interview. “It’s incredibly exciting that he chose KW as as the place where he felt like he could take his business to the next level. That’s just a point of pride — and I’ll brag about it a little bit because I’m really excited about it.”

According to the announcement, JMG’s platform currently processes leads through relationships with major lenders and real estate brands including Rocket Mortgage, Mr. Cooper, New American Funding, Veterans United, Redfin and Zillow.

Founder Jason Mitchell will continue to lead the business as president of the JMG Division and will join Keller Williams’ executive team. JMG chief revenue officer Jake Kraft and vice president of operations Ken Friedlander will also move to Keller Williams as part of the transaction.

“We’ve spent years building a network designed to connect motivated buyers and sellers with great agents and deliver an exceptional experience for both,” Mitchell said. “When it came time to select a partner for the next phase of growth, my choice was clear. KW offers the culture, people and opportunity to be part of the most connected real estate platform in the world.”

Czarnecki said the acquisition is intended to create “an engine for further growth by providing a worldwide platform for JMG to continue to expand.”

Why this matters for brokerages and lenders

The deal underscores how large franchise brands are leaning into centralized lead-generation and referral ecosystems as transaction volume remains below peak levels and customer acquisition costs rise.

For Keller Williams’ existing franchise owners and teams, integrating a high-volume referral and lead-conversion business could influence how online and lender-generated leads are distributed and serviced inside the network.

“I think [JMG] will build on that value at KW over time and the the plan is that his future growth comes in partnership with KW, and it’s not a standalone acquisition,” said Czarnecki. “It’s an opportunity for us to grow together, so the value that he’s built across his 70-plus referral relationships and and the ability to help our agents be more productive — that’s really the value add. That can be great for our franchisees and others in our ecosystem as we go.”

Housing professionals should watch how Keller Williams structures referral economics, training and technology support around the JMG Division, and whether similar teamerage-style units emerge inside other national brokerages.

For mortgage lenders and referral partners, the transaction signals continued consolidation of lead channels into scaled, technology-enabled brokerage platforms.

“We’ve maintained a good relationship with the portals, and we’ve been part of the Zillow Preview program, which was one that we thought was another value add for our agent base,” said Czarnecki. “JMG is doing a lot with lenders, as well, so we expect JMG will continue to grow and will continue to expand with lenders.

“I’d also point out that JMG isn’t just a lender distribution platform. They work with other leading companies to help agents and to link up consumers with incredible agents. They do a lot in the relocation space. There’s some other areas that are a little bit more nascent that Jason’s excited about exploring as well, potentially.”

Relationships with JMG — which historically has been independent — will now sit inside one of the world’s largest real estate franchises, potentially affecting national account strategies, geographic coverage and co-marketing approaches.

“I think Jason has a really wonderful diversity of partnerships that he’s built over the years, and the expectation is that those continue going forward,” said Czarnecki. “We’re excited to work with them, and we expect it to grow. Frankly, he’s been amazing at finding new ways to pair agents with opportunities, and it’s been an incredible growth journey.”

Citizens Capital Markets & Advisory and Buchalter represented JMG in the transaction. Herbert Smith Freehills Kramer served as legal advisor to Keller Williams.

This article was written by Jonathan Delozier and generated with the assistance of HousingWire Automation. It was reviewed by a HousingWire editor before publication.

This post was originally published on here. 

AD Mortgage announced Monday that it completed its fifth non-QM residential mortgage-backed securities (RMBS) transaction of 2026, issuing a $432.4 million securitization backed by more than 1,000 residential mortgages.

The transaction, known as AD Mortgage Trust 2026-NQM5, is backed by a pool of 1,008 residential loans, with 99% of the mortgages originated by AD Mortgage or its qualified correspondent lenders, the company said.

The transaction, which is expected to close July 15, is supported by loans with an aggregate balance of $432.4 million as of the cutoff date, according to Fitch Ratings. The deal marks the 20th AD Mortgage Trust transaction rated by Fitch and the fourth Fitch-rated ADMT transaction of 2026.

The underlying collateral features a weighted average borrower credit score of 754 and a weighted average combined loan-to-value (CLTV) ratio of 69.1%. The securities include credit enhancement through excess spread and subordination designed to provide additional protection for senior certificate holders.

Florida properties account for the largest share of the loan pool at 24.89%, although the company said the transaction reflects its efforts to reduce geographic concentration by expanding loan originations into additional markets through its broker and correspondent network.

“The investor participation in the ADMT 2026-NQM5 transaction reflects the established cadence of our programmatic issuance platform,” said Dmitri Batsev, managing director at Imperial Fund Asset Management. “The consistent demand from a diversified institutional investor base is indicative of the underwriting standards applied to the underlying collateral and our regular presence in the market.

“Furthermore, this transaction demonstrates the ongoing execution of our strategy to reduce geographic concentration across our portfolio this year. By expanding our origination footprint regionally, we have broadened the credit profile of the pool, which has supported heightened investor engagement in this offering.”

The securitization follows AD Mortgage’s $407 million ADMT 2026-NQM4 transaction, which priced in May. The latest deal continues the company’s regular issuance schedule for non-QM mortgage-backed securities in 2026.

AD Mortgage will service all of the loans included in the ADMT 2026-NQM5 transaction.

This article was written by Sarah Wolak and generated with the assistance of HousingWire Automation, then reviewed by a HousingWire editor before publication.

This post was originally published on here. 

Samara, a California builder known for its accessory dwelling unit (ADU) models, has launched Locale by Samara, an expansion into small-scale single-family infill developments, the company announced. The builder will design and construct clusters of detached homes in existing neighborhoods in Sonoma, San Mateo, Santa Clara and Los Angeles counties.

Each Locale project will consist of a small group of homes — typically between two and 10 — tailored to the surrounding streetscape. The homes will be precision-built with higher-end materials and laid out around contemporary living patterns for families and remote or hybrid workers.

Many Locale projects are expected to rely on California’s Starter Home Revitalization Act (SB 1123), which streamlines approvals to allow eligible parcels to be subdivided for up to 10 small-footprint homes. The law is viewed by housing advocates and planners as one of the most significant supply-side measures California has adopted in recent years. Samara is among the early builders lining up projects under the new framework.

California jurisdictions face mounting pressure to meet state housing targets, particularly in job-rich coastal counties that have added far fewer homes than required. Santa Clara County, with 1.9 million residents, needs more than 100,000 additional homes by 2031 to meet current and projected demand. But fewer than 4,000 homes were built there in 2024, including less than 400 detached single-family units, according to the company.

Local governments often struggle to add single-family supply because land and construction costs favor large, high-priced homes. Samara’s model instead centers on smaller infill clusters with higher-quality, rightsized homes on compact lots located in high-demand neighborhoods. Its prices aim to broaden access compared with traditional new construction.

“Our homes are part of a movement to ensure California remains a place where families can dream about their futures,” Mike McNamara, CEO and co-founder of Samara, said in a statement. “This expansion is about making more homes possible, closer to where people want to live, work, and build their lives.”

The first Locale project, in Healdsburg in Sonoma County, includes two single-family homes, each paired with an accessory dwelling unit. The company said the design reflects buyer preference for smaller, design-forward homes in prime locations rather than larger homes in outlying areas.

McNamara said neighborhoods that stop building new homes risk losing the population growth that supports schools, local retailers and community institutions. Locale by Samara is aimed at adding modest amounts of new housing in built-out areas so price growth and scarcity do not gradually push out the very households that sustain those communities, he said.

This article was generated using HousingWire Automation and reviewed by a HousingWire editor before publication.

This post was originally published on here. 

Billionaire businessman and former New York City Mayor Michael Bloomberg is warning that governments around the world are running out of time to address soaring public debt, arguing that today’s fiscal challenges are becoming one of the greatest long-term risks facing the global economy.

In an opinion article published Thursday, July 9, Bloomberg said advanced economies have allowed government borrowing to climb to levels not seen since the aftermath of World War II, leaving fewer options to respond to future financial crises.

His central argument is that governments rescued the private sector during the 2008 financial crisis and again during the COVID-19 pandemic, but may no longer have the financial capacity to provide similar support if another major economic shock occurs.

“The next crisis could be different,” Bloomberg argued, warning that governments themselves have become increasingly overleveraged.

According to Bloomberg, government debt across advanced economies has risen from roughly 70% of gross domestic product in 2007 to approximately 110% of GDP in 2025, driven by years of deficit spending that accelerated during the pandemic.

Higher interest rates have made the situation even more challenging by increasing the cost of servicing that debt.

The concerns extend well beyond a single country.

Many developed economies continue running substantial annual deficits despite relatively strong labor markets and economic growth, reducing their financial flexibility before the next recession arrives.

Bloomberg argues that delaying difficult fiscal decisions only makes future adjustments more painful.

He called for governments to gradually reduce spending growth, improve tax collections where appropriate and strengthen financial safeguards while economic conditions remain relatively stable rather than waiting until markets force more dramatic action.

His warning echoes concerns raised by several independent fiscal organizations.

The Congressional Budget Office projects that U.S. federal debt will continue climbing over the coming decades if current spending and revenue policies remain unchanged.

Some bipartisan lawmakers have proposed limiting annual budget deficits to approximately 3% of GDP, arguing that such a target could stabilize the nation’s long-term debt burden.

Economists generally agree that sustained increases in government borrowing eventually place upward pressure on interest rates as governments compete with businesses and consumers for available capital.

Higher borrowing costs can affect nearly every part of the economy, including mortgage rates, corporate financing, consumer loans and business investment.

For companies, persistent government borrowing may also reduce access to private capital as investors allocate more money toward government debt securities.

Bloomberg acknowledged that addressing large budget deficits is politically difficult because it often requires either reducing government spending, increasing taxes or some combination of both.

Those choices have historically proven unpopular regardless of which political party controls government.

Nevertheless, he argued that acting sooner allows policymakers to make gradual adjustments rather than being forced into severe spending cuts or tax increases during an economic emergency.

Financial markets have increasingly focused on long-term fiscal sustainability as government borrowing continues expanding across many developed nations.

Investors closely monitor debt levels because they influence inflation expectations, interest rates, currency values and sovereign credit ratings.

Bloomberg’s warning also comes as governments worldwide continue making significant investments in artificial intelligence, infrastructure, defense, energy security and industrial policy, increasing pressure on already strained public finances.

Although he stopped short of predicting an imminent debt crisis, Bloomberg argued that governments should use today’s relatively stable economic conditions to strengthen their fiscal positions before another major downturn arrives.

For businesses, the message is straightforward: government debt is no longer simply a public policy issue. Rising deficits increasingly influence borrowing costs, investment decisions, financial markets and long-term economic growth.

Bloomberg concluded that the opportunity for gradual reform remains available—but that window is steadily narrowing.

JBizNews Desk | New York
© JBizNews.com All Rights Reserved. Reproduction or Distribution without Written Permission is Prohibited.

The European Union expanded its sanctions against Russia on Monday, targeting individuals and entities involved in cybercrime and human rights violations. 

Among those listed is the popular social media app VKontakte, along with its daughter company, Communication Platform LLC. 

They were sanctioned for developing and managing the MaxApp for Russian smartphones under the oversight of the FSB security agency. This app is pre-installed on all mobile devices sold in Russia.

EU member states stated that the MaxApp is used to repress critics of Russia’s war against Ukraine and to silence individuals sharing content that is prohibited by local authorities. 

Additional restrictive measures were imposed on companies such as Citadel, VAS Experts, and Norsi-Trans. 

These firms manufacture, develop, and sell hardware and software for surveillance systems that monitor phone calls, emails, text messages, and social media activity. 

Surveillance network targets:

The EU indicated that this surveillance network primarily targets journalists, opposition figures, minority groups, and ordinary citizens. 

Moreover, the EU sanctioned personnel from Russia’s military intelligence service, the GRU, as well as cybercriminals and businesses involved in Russia’s efforts to destabilize Europe. 

The FSB was also accused of overseeing various cyber threat groups.

This post was originally published on here. 

Stocks opened lower Monday after Iran’s Islamic Revolutionary Guard Corps declared over the weekend that the Strait of Hormuz “will be closed until further notice,” pushing oil sharply higher and reigniting fears the U.S.-Iran conflict could disrupt the waterway that carries roughly one-fifth of the world’s seaborne oil. The statement followed fresh U.S. strikes near the strait, confirmed by U.S. Central Command, and Iranian counterstrikes targeting U.S. allies including Kuwait, Jordan, and Qatar. President Trump said the ceasefire he had brokered was “over” while insisting negotiations to end the war were continuing, setting up a dangerous standoff over one of the world’s most critical shipping lanes.

By late morning, the Dow Jones Industrial Average was down about 198 points, or 0.4%, near 52,438. The S&P 500 slipped roughly 0.6%, while the tech-heavy Nasdaq Composite led the retreat, falling more than 1% as chipmakers and AI-related stocks absorbed the heaviest selling pressure.

The decline erased part of last week’s gains. On Friday, the S&P 500 closed at 7,575 and the Nasdaq finished at 26,281, while the Russell 2000 lagged, ending the week down 0.4% near 2,979.

Market Movers

The day’s biggest corporate story was SK Hynix’s Nasdaq debut. Shares initially surged as much as 13% after the South Korean memory-chip giant completed a $26.5 billion offering, the largest U.S. equity sale ever by a foreign company, before reversing sharply lower in volatile trading.

The company told investors it expects tight memory supplies to keep prices elevated through 2030, driven by continued demand for DRAM and high-bandwidth memory used in artificial intelligence systems.

U.S. rival Micron Technology fell about 3.9%. Overnight in Asia, SK Hynix’s decline rippled across regional markets, helping push South Korea’s Kospi down roughly 9% and triggering a market-wide trading halt as investors questioned whether AI-related valuations had climbed too far, too fast.

Big Tech provided little support.

Meta Platforms slipped after confirming plans to invest $50 billion in its Hyperion data center in Louisiana, another major commitment to AI infrastructure that investors increasingly want justified through future earnings.

Tesla traded near $408, leaving the electric-vehicle maker valued for years of anticipated earnings growth.

One bright spot came from Taiwan Semiconductor Manufacturing Co., which reported second-quarter revenue of $39.63 billion, up 36% from a year earlier and above company guidance, reinforcing expectations that demand for AI chips remains exceptionally strong.

Elsewhere, Circle Internet Group jumped roughly 15% after receiving federal banking approval, while reports said AI developer Anthropic selected Goldman Sachs and Morgan Stanley to lead its planned initial public offering.

Analyst Calls

Wall Street research desks were active throughout the session.

Jefferies upgraded BeOne Medicines to Buy from Hold, raising its price target to $380 from $333. The firm also upgraded Deckers Outdoor to Buy with a $130 target and Shopify to Buy with a $160 target.

Truist Financial upgraded Biogen to Buy, citing upcoming clinical data, while HSBC raised Capital One to Buy with a $229 target.

Wells Fargo upgraded Humana to Overweight, more than doubling its target price to $502, and initiated coverage of Atmos Energy at Overweight with a $200 target.

Not all research was positive.

Citigroup downgraded ResMed to Neutral from Buy.

Bank of America cut Papa John’s International to Underperform.

Loop Capital lowered Best Buy to Hold, while RBC Capital Markets downgraded Kymera Therapeutics and initiated coverage of Costco Wholesale at Sector Perform with a $1,000 price target.

Commodities, Rates and Volatility

Oil remained the market’s biggest driver.

West Texas Intermediate crude climbed nearly 5%, while Brent crude advanced toward $80 a barrel after the Hormuz threat—a move that, if sustained, would feed directly into gasoline, diesel, freight, manufacturing, and shipping costs worldwide.

Gold unexpectedly declined about 1.2% to roughly $4,064 an ounce, extending its recent retreat after posting its weakest quarter since 2013.

Silver traded near $60 an ounce.

Bitcoin slipped about 1.7% to approximately $62,900.

U.S. Treasury yields moved modestly higher as rising energy prices fueled renewed inflation concerns and reduced expectations for near-term Federal Reserve rate cuts.

The CBOE Volatility Index (VIX) hovered around 15, remaining relatively subdued by historical standards while edging higher as investors monitored developments in the Middle East.

The Week Ahead

Markets now turn to one of the busiest weeks of the quarter.

Federal Reserve Chair Kevin Warsh is scheduled to make his first appearance before Congress on Tuesday, the same day the June Consumer Price Index is released. The Producer Price Index follows Wednesday, while retail sales arrive Thursday.

Together, the reports could reshape expectations for interest rates during the second half of the year as policymakers weigh inflation pressures intensified by rising energy prices.

Corporate earnings also move into full swing with reports from JPMorgan Chase, Goldman Sachs, Citigroup, Wells Fargo, and Bank of America, followed later in the week by Johnson & Johnson, UnitedHealth, Netflix, and Taiwan Semiconductor.

Analysts continue to forecast a second consecutive quarter of earnings growth exceeding 20%, a key pillar supporting U.S. equities despite mounting geopolitical uncertainty.

For all the earnings reports and inflation data ahead, Wall Street’s direction this week may ultimately hinge on a question no balance sheet can answer:

Will oil continue flowing freely through the Strait of Hormuz—or is this the beginning of a broader disruption that reshapes the global economy?

JBizNews Desk | New York
© JBizNews.com All Rights Reserved. Reproduction or distribution without written permission is prohibited.

Summer Streets returns to New York City this month with more than 20 miles of car-free streets and programming through August, along with later hours in the outer boroughs. Department of Transportation Commissioner Mike Flynn on Friday announced that the annual event will open select stretches of street to pedestrians and cyclists from 7 a.m. to 3 p.m. in Manhattan and from 9 a.m. to 5 p.m. in Brooklyn, the Bronx, Queens, and Staten Island over five Saturdays in July and August, starting July 25.

Credit: NYC Department of Transportation on Flickr

“Summer Streets gives back our largest public space, our streets, so that all New Yorkers can walk, run, bike, play, dance, or simply connect with their neighbors,” Flynn said.

“This year, we’re adjusting the hours of Summer Streets in the outer boroughs to help more New Yorkers enjoy these events later in the day. We thank our sister agencies, programming partners, elected officials, and advocates for their support behind New York’s biggest block party.”

Last year’s Summer Streets featured a fully car-free corridor stretching the length of Manhattan for the first time, from the Brooklyn Bridge to Dyckman Street in Inwood. More than 500,000 people walked, ran, cycled, or played on Summer Streets in 2025.

The 2024 edition returned with expanded hours, extending street closures by two hours from 7 a.m. to 3 p.m. It also marked the first time Grand Central Terminal participated in the program, hosting “The Grand Lawn” at 40th Street and Park Avenue on August 10 and 17. The event, which had been Manhattan-only for years, expanded to all five boroughs in 2023.

Like previous years’ programs, the DOT’s art program will present a series of vibrant public art installations across the Summer Streets. Two dynamic one-day art installations, “The Bower” by Elsa Ponce and “Big Spinning Wheels” by Josh Cohen, will be displayed in Queens, Brooklyn, the Bronx, and on Staten Island.

Ponce’s installation is a shade structure that invites visitors to create chalk drawings on the ground using playful shadows, while Cohen’s kinetic sculptures create mesmerizing optical patterns as colorful arms spin together.

The city will also unveil four NYC Art Stop Letter designs by illustrators Amanda Lobos and Grace Park, celebrating summer throughout the event dates. The artists and illustrators were selected through open calls.

DOT has again partnered with New York Road Runners to host several free community races during Summer Streets. The series begins Saturday, July 25, in Queens, and will include events in Manhattan on August 1 and the Bronx on August 22.

Through a partnership with Lyft, event attendees can receive discounted access to Citi Bike e-bikes and bikes on July 25 using the promo code SUMMER2Wheel. Lyft will release additional promo codes for future Summer Streets dates in the coming weeks.

WABC-TV will be the official media sponsor of Summer Streets, along with Grand Central, Zespri Kiwifruit, Yerba Madre, Volo Sports, and Just Ice Tea, according to a press release.

“As a born and raised New Yorker, Summer Streets is one of my favorite seasonal traditions in NYC,” Sen. Kristen Gonzalez said. “These Saturdays are amazing opportunities to embrace our neighborhoods, connect with small businesses, organizations, and other community members, and celebrate public open spaces!”

Credit: NYC DOT

The 2025 Summer Streets will operate from 9 a.m. to 5 p.m. at the following locations:

Saturday, July 25

Queens: Vernon Boulevard, from 44th Drive to 30th Drive.

Staten Island: Broadway, from Richmond Terrace to Harvest Avenue.

Saturday, August 22

Bronx: Grand Concourse, from East Tremont Avenue to Mosholu Parkway.

Brooklyn: Eastern Parkway, from Grand Army Plaza to Buffalo Avenue.

The 2025 Summer Streets will operate from 7 a.m. to 3 p.m. at the following locations:

Saturday, August 1, 8, and 15

Manhattan: From the Brooklyn Bridge to Dyckman Street in Inwood.

RELATED:

The post ‘Summer Streets’ returns with over 20 miles of car-free blocks and later hours first appeared on 6sqft.

This post was originally published here. 

Summer Streets returns to New York City this month with more than 20 miles of car-free streets and programming through August, along with later hours in the outer boroughs. Department of Transportation Commissioner Mike Flynn on Friday announced that the annual event will open select stretches of street to pedestrians and cyclists from 7 a.m. to 3 p.m. in Manhattan and from 9 a.m. to 5 p.m. in Brooklyn, the Bronx, Queens, and Staten Island over five Saturdays in July and August, starting July 25.

Credit: NYC Department of Transportation on Flickr

“Summer Streets gives back our largest public space, our streets, so that all New Yorkers can walk, run, bike, play, dance, or simply connect with their neighbors,” Flynn said.

“This year, we’re adjusting the hours of Summer Streets in the outer boroughs to help more New Yorkers enjoy these events later in the day. We thank our sister agencies, programming partners, elected officials, and advocates for their support behind New York’s biggest block party.”

Last year’s Summer Streets featured a fully car-free corridor stretching the length of Manhattan for the first time, from the Brooklyn Bridge to Dyckman Street in Inwood. More than 500,000 people walked, ran, cycled, or played on Summer Streets in 2025.

The 2024 edition returned with expanded hours, extending street closures by two hours from 7 a.m. to 3 p.m. It also marked the first time Grand Central Terminal participated in the program, hosting “The Grand Lawn” at 40th Street and Park Avenue on August 10 and 17. The event, which had been Manhattan-only for years, expanded to all five boroughs in 2023.

Like previous years’ programs, the DOT’s art program will present a series of vibrant public art installations across the Summer Streets. Two dynamic one-day art installations, “The Bower” by Elsa Ponce and “Big Spinning Wheels” by Josh Cohen, will be displayed in Queens, Brooklyn, the Bronx, and on Staten Island.

Ponce’s installation is a shade structure that invites visitors to create chalk drawings on the ground using playful shadows, while Cohen’s kinetic sculptures create mesmerizing optical patterns as colorful arms spin together.

The city will also unveil four NYC Art Stop Letter designs by illustrators Amanda Lobos and Grace Park, celebrating summer throughout the event dates. The artists and illustrators were selected through open calls.

DOT has again partnered with New York Road Runners to host several free community races during Summer Streets. The series begins Saturday, July 25, in Queens, and will include events in Manhattan on August 1 and the Bronx on August 22.

Through a partnership with Lyft, event attendees can receive discounted access to Citi Bike e-bikes and bikes on July 25 using the promo code SUMMER2Wheel. Lyft will release additional promo codes for future Summer Streets dates in the coming weeks.

WABC-TV will be the official media sponsor of Summer Streets, along with Grand Central, Zespri Kiwifruit, Yerba Madre, Volo Sports, and Just Ice Tea, according to a press release.

“As a born and raised New Yorker, Summer Streets is one of my favorite seasonal traditions in NYC,” Sen. Kristen Gonzalez said. “These Saturdays are amazing opportunities to embrace our neighborhoods, connect with small businesses, organizations, and other community members, and celebrate public open spaces!”

Credit: NYC DOT

The 2025 Summer Streets will operate from 9 a.m. to 5 p.m. at the following locations:

Saturday, July 25

Queens: Vernon Boulevard, from 44th Drive to 30th Drive.

Staten Island: Broadway, from Richmond Terrace to Harvest Avenue.

Saturday, August 22

Bronx: Grand Concourse, from East Tremont Avenue to Mosholu Parkway.

Brooklyn: Eastern Parkway, from Grand Army Plaza to Buffalo Avenue.

The 2025 Summer Streets will operate from 7 a.m. to 3 p.m. at the following locations:

Saturday, August 1, 8, and 15

Manhattan: From the Brooklyn Bridge to Dyckman Street in Inwood.

RELATED:

The post ‘Summer Streets’ returns with over 20 miles of car-free blocks and later hours first appeared on 6sqft.

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The Likud Constitution Committee on Monday approved changes to the party’s primary system that will grant Prime Minister Benjamin Netanyahu authority to determine eight reserved slots on the party list ahead of the upcoming elections. 

The decision marks a significant shift in the party’s system for holding primaries. The Likud has prided itself for years on conducting primaries in which its over 100,000 registered members are eligible to vote for the full Knesset list.

Additionally, the committee reportedly decided to postpone the date of the primaries from August 8 to August 17, with the eight reserved slots to be from within the party’s first 31 positions on the list.

Netanyahu joined the meeting at the King David Hotel in Jerusalem to vote. The decision is now expected to undergo final approval in the Likud Central Committee.

The proposal to change the primaries system has drawn internal opposition from senior Likud figures, including Construction and Housing Minister Haim Katz and MK David Bitan, who have objected to the changes.

Netanyahu working to ensure internal support for changing the system

Netanyahu reportedly has held several meetings with Katz ahead of the vote, seeking to bridge disagreements over the primary system.

Katz’s office stated after the vote that he had presented the proposal to make the changes for reserving the eight spots on the party’s list. 

Various proposals were presented and discussed in the meeting regarding a temporary measure to change the primary system, districts, and reserved slots, Katz’s office added. 

The vote on the primaries has been postponed multiple times, leading to reports that Netanyahu was working to ensure internal support for changing the system.

A number of Likud lawmakers said they had received phone calls from associates of Netanyahu, who asked them to withdraw from the party primaries and receive positions instead, according to a Monday KAN News report.

There have also been reports that Netanyahu has threatened to leave Likud if the proposed changes are not advanced.

Some of the reserved slots could reportedly go to figures such as Foreign Minister Gideon Sa’ar and former finance minister Moshe Kahlon.

There have been objections from MKs within the party, who oppose changing the primary process, as it could cause those who would otherwise score highly in the primaries to fall further down the list.

Objections from MKs within the party

A fierce critic of changing the system has been MK Tally Gotliv, who is viewed as a candidate who would receive broad support from registered party members.

Gotliv released a video on Sunday claiming that Justice Minister Yariv Levin and Defense Minister Israel Katz were working behind the scenes to cancel the primaries to receive a high slot from Netanyahu.

“Two cowardly ministers are behind the disgraceful idea of canceling Likud’s primaries, Yariv Levin and Israel Katz. They’ll deny it, but they’re working on a mechanism for a selection committee that will preserve their own power,” she said.

Parties are not mandated to hold primaries in Israel, and only a few conduct them.

The Likud primaries are expected to be highly competitive. Likud currently has around 40 ministers and MKs serving in the government and Knesset, but recent polls project the party winning only about 25 seats, leaving many at risk of losing their places on the party’s Knesset list.

Likud MK Amit Halevi told The Jerusalem Post last month that Netanyahu may be working behind closed doors to influence Likud lawmakers ahead of the primaries to secure slots. He is a member of the Likud Constitution Committee.

Regarding who the reserved slots would ultimately be used for, Halevi told the Post he believed some would be allocated to people who “embody the spirit of the party.”

“People from the military or people who paid personal prices in the war, who can strongly express the demand for victory,” he said.

Halevi is also among the MKs from the party who expressed support for changing the system so that Netanyahu could secure the slots.

He said that it was most important to do what would be best for the party to succeed in the elections.

The debate on how to hold the Likud primaries comes ahead of the general elections, which are set to take place on October 27.

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An Israeli-American surgeon, a Florida-based advanced foregut and hepato-pancreato-biliary (HPB) surgeon, was disinvited from delivering a remote lecture at the Lebanese Society of General Surgery’s 27th annual Spring Conference on Surgery earlier this month, according to Hezbollah-affiliated Lebanese media reports.

Dr. Sharona Ross had reportedly been invited to participate in the conference over Zoom, but that invite was allegedly canceled over the realization that she completed her mandatory two-year IDF service, according to Al-Akhbar.

The Institute for Surgical Excellence, which notes Dr. Ross’s 20 years of experience and role as one of the first surgeons in the United States to offer Laparo-Endoscopic Single Site (LESS) Surgery, noted that she spent two years completing her IDF service after finishing high school. She has delivered keynote speeches at over 150 national and international events and was named a Patient Preferred Surgeon Representing the State of Florida for 2020.

Dr. Ross has not yet responded to The Jerusalem Post’s request for comments.

Lebanese officials reportedly opposed lecture

Lebanese Health Minister Rakan Nasser El-Din, who was nominated for the ministerial position by Hezbollah and selected by Lebanese Prime Minister Nawaf Salam, reportedly demanded that the head of the society cancel her session after learning of Dr. Ross’s nationality.

A source told the Hezbollah outlet that “a Lebanese doctor residing in France named Ibrahim Dagher coordinated the conference with the Lebanese Society of General Surgery to participate in one of the conference sessions dedicated to robotic surgery. He was the one who suggested the name of Sharona Ross, based on the fact that she is a well-known doctor in this field.”

There were reportedly plans to keep her participation in the conference without advertising her speech or involvement, but these plans were said to have been abandoned after doctors objected to her participation.

Lebanese law bars contact with Israelis

Under Lebanese law, it is illegal for Lebanese individuals to communicate or have contact with Israelis under the 1955 Anti-Israel Boycott Law and the Lebanese Penal Code. This law is applicable to contact with Israelis who hold a second nationality.

Lebanon faces shortage of GI specialists

The disinvitation comes as Lebanon faces a severe shortage of gastrointestinal (GI) specialists, largely driven by the mass emigration of physicians since 2019, according to research published in the Journal of Global Health in 2023. The World Health Organization estimated in 2021 that nearly 40% of Lebanon’s doctors had left the country since October 2019, and it remains unclear how many additional physicians departed following the war between Israel and Hezbollah.

This post was originally published on here. 

When Rabbi Avraham Feldman and his wife Mushky Feldman first visited Iceland in 2017, there was no established Jewish community.

Despite the fact that Jews have lived in Iceland for more than 100 years, the community was informal and word-of-mouth.

The Chabad-Lubavitch couple saw an opportunity to create a thriving hub of Jewish life in Reykjavik, and a year later, in 2018, they relocated to the island.

“Our first priority was just to connect with people on a personal level, on an individual level, and find out what people felt was missing,” Rabbi Feldman told The Jerusalem Post on Sunday.

He referred to the community as “very diverse, in a beautiful way” with Jews from different backgrounds and levels of observance (something which continues to today). The couple was told there were about 50-100 known Jewish locals at the time, but said: “it was never about the number for us.”

‘Every individual a whole world’

“Every individual is a whole world,” he told the Post. “You give an individual or a family an opportunity to have something Jewish, and it means so much to them.”

When word spread of the new shluchim, it became apparent that there were “many Jews who were not known to other Jews.”

People started reaching out to the Feldmans, and they can now safely say they know a few hundred Jews in Iceland.  

Of course, when the Feldmans first arrived, there was no Jewish center nor synagogue. To start with, the couple worked out of their home, and then from temporary spaces like hotel meeting rooms.

In 2022, they purchased a small building and spent the next two and a half years working on plans and permits to create a Jewish center there. However, around the time of the permits coming through, the Feldmans came across an even better, much larger building, and decided to purchase it.

“We realized that the larger space would open up so many more opportunities, and more room for things that were really necessary. We had to ask ourselves, do we stay with the small dream, or do we expand it to something really special?”

The 9000 square meter site has now been transformed into the Beit Shvidler Jewish Center of Iceland: the first Jewish Culture House in Iceland’s history.

Three-stories high, it houses a Judaica shop, a space for a kosher cafe or restaurant and a gallery of Jewish life in Iceland. There are plans to build a mikveh in the original building purchased in 2022.

Feldman stressed that the exhibit – which is almost ready – is not just about the Holocaust, but about Jewish life and “is structured in a way that you come out inspired.”

“It’s been an incredible journey,” Feldman told the Post. “It was a team effort, so many people have got involved to make this happen.”

Some events over the last 8 years stand out to Feldman as particularly memorable.

One was the public hanukkiah lighting in 2018, which was the first ever public celebration of Judaism in Iceland. Another key memory is the completion of the sefer torah in February 2020. This was the first-ever completion and inauguration of a Torah scroll on the European island.

The last few letters of the scroll were filled out by members of the community. After this, the scroll was wrapped in its traditional mantle and paraded down the central streets under a chuppah. Jews and non Jews alike came to watch.

“How moving to see the scroll being paraded down Laugavegur, Reykjavik’s main street,” Feldman said at the time. “And how beautiful to watch as the community gathered at the gala reception, with dignitaries and guests, along with the Krauss family and their friends, and celebrated this momentous occasion in Icelandic – and indeed, Jewish – history.”

A year later, in 2021, Iceland formally recognized Judaism as a religion. This in turn permitted Jewish marriage, baby-naming and funeral ceremonies to be civically recognized.

The Jewish community gathers at the new Icelandic Jewish community center. (credit: Gabriel Rutenberg and Israel Sudry)

‘We are writing the Icelandic chapter in the story of the Jewish people’

Most recently, in the spring of 2025, the prime minister of Iceland officially recognized Holocaust Remembrance Day, making her the first head of state in the country’s history to do so.

However, while all poignant memories, the “greatest dream” has been the building, he said.

“We have had really great experiences,” Feldman told the Post. “The majority of people are kind and welcoming; we feel lucky to be in Iceland.”

As a visibly Jewish person, Feldman is often recognized in public, and says people stop him in the store to ask questions and express curiosity.

“Their knowledge of Jews is limited, but people are curious and interested,” he said, adding that some “say beautiful things.”

He also praised the good relationship of the Jewish community with city officials, government officials, and the police.

On the occasion of the center’s opening, various political figures wrote moving letters to the Jewish community.

Thórunn Sveinbjarnardóttir, speaker of the Althing, wrote, “For the first time, the Jewish community in Iceland has a place of its own in which to gather, to learn, and to celebrate, and to pass its traditions and heritage on to future generations. It reflects the dedication of all who worked to bring it about, and it is a welcome addition to the life of our nation.”

The Prime Minister of Iceland wrote to them, calling it an “historic occasion” and “an important milestone for the Jewish community and for Icelandic society.”

“It will be a place for culture, learning and dialogue, enriching our community for years to come,” she said.

“This is exactly the kind of place the Rebbe [Rabbi Menachem M. Schneerson] envisioned when he spoke of ahavat yisrael, giving every Jew the chance to connect with and celebrate their Judaism,” continued Feldman.

“Together, we are writing the Icelandic chapter in the story of the Jewish people.”

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Braden Eric Peters, known online as Clavicular, left a Monday interview midway after being pressed by Channel 13’s Bar Shem-Ur about his recent antisemitic incidents, which involved being kicked out of a club in January alongside the white supremacist Nick Fuentes for singing Ye’s “Heil Hitler.”

The American content creator was speaking about how he was “having a great time in Tel Aviv” when Shem-Ur asked him if he “came here to apologize.”

Clavicular then explained that he and his team came to Israel to “explore Tel Aviv, and kind of show that it is a really fun city, because there are a lot of misconceptions about it.”

“When you look up online for Mikonos, Ibiza, or frequently summer spots for Europeans, you see tourists things like clubs and great things in the city to do. But when you look at Israel, obviously it’s stuff about war, when in reality it’s a really fun city,” he said.

“Came to show everyone that this is the reality of Tel Aviv,” he added. He was then asked if he knew about the online comments about his visit and what Israelis thought about him coming to the country, to which he answered, “Everyone is talking about what we are doing that is good, so for you to start the interview in a negative manner doesn’t really make sense.” 

Clavicular: ‘Why don’t you talk about how much I do for this country’

After being pressed about the antisemitic incidents that were reported back in January, he asked, “Why don’t you talk about how much I have done for this country’s reputation? Because it’s in outer shambles.”

“You go on TikTok, on any social media page, the amount of propaganda and misconceptions is what’s doing the real damage, not anything I’ve done. We are here, trying to set everything straight, even if I don’t have to be in Israel,” he added.

“This is the most ridiculous thing ever. I just woke up, and I don’t want to be talking to someone who is going to be rude. Because I’m here to do good things,” he said, claiming that Shem-Ur had to ask about the “good things he is doing so that there is no bad PR.”

When asked further about the online comments, he first said he didn’t understand Hebrew and then added that he didn’t have time to check everything with a translation tool. “I’m here for a good thing, and you are trying to drag me to the mud and damage my reputation. This interview is over,” he added before leaving the interview.

Not a PR firm, Shem-Ur says after failed interview

“So I got to interview the streamer Clavicular for our show “Hatzinor” on Channel 13. Contrary to what he and his supporters say, we gave him enough time to present his talking points. But we are journalists, not a PR firm,” Shem-Ur said in a post on X/Twitter.

“We don’t care who gave him money to come here. We want to hear the truth and find out if he really came here in good faith. We feel that he didn’t. Not apologizing while in Israel for singing ‘Heil Hitler’ just a couple of months ago is shameful,” he added.

He then explained that, during his visit, Peters was streaming while “talking trash to Israeli girls,” while he also lied during the interview about getting an apology from the club owner that kicked him out after the antisemitic incident.

“We don’t need people like this doing ‘Hasbara.’ In my view, cooperating with this kind of person is more damaging to Israel than helpful,” he concluded.

This post was originally published on here. 

IDF Chief of Staff Lt.-Gen. Eyal Zamir on Monday battled with Prime Minister Benjamin Netanyahu and Defense Minister Israel Katz over the government’s plan to pass a law exempting haredim from arrest when they dodge their legal obligations under Israel’s existing military draft laws.

In a letter, which was clearly intentionally leaked to the media, Zamir warned Katz – though everyone knows that the defense minister is only acting as the prime minister’s lieutenant on such issues – that implementing such a law would create an array of national security problems, such that he opposes its implementation “completely and unequivocally.”

According to Zamir, such a law would decrease recruitment both from the haredi community and from the general Israeli population by delegitimizing the idea of the IDF as the “nation’s army” in which everyone is equally obligated to serve.

Next, the IDF should not be put in the position of judging which yeshiva students deserve an exemption and which do not, as it has no expertise in this area, its expertise being in fighting wars, he said.

Third, the IDF chief said that the anger and acrimony that such a law will create within the military will harm its cohesiveness at a critical time when it is on guard on several fronts and coping with historic gaps in troop levels because the government has failed for three-and-a-half years to recruit more haredim or to extend the mandatory and reservist recruitment laws.

In recent months, Zamir rocked the boat more privately when he warned the security cabinet that 10 red flags were going up about the IDF troop shortages coming up in January 2027, due to the government ignoring the issue.

However, Zamir’s leaking his letter to Katz publicly is a harsher broadside showing the growing anger, frustration, and concern inside the IDF high command about how the government is handling – or rather further undermining – the IDF in terms of future troop recruitment.

Israeli leaders echo Zamir’s words

In response to the contents of Zamir’s leaked letter, former Prime Minister and chairman of the Together Party, Naftali Bennett, praised the IDF Chief of Staff for his warning. 

“The Chief of Staff is once again warning of an impending disaster, and the October 7 government is choosing to ignore all the warnings,” he said. “The Chief of Staff’s letter proves that there are only two sides in this situation: the side of the IDF and our soldiers, versus the side of the Deri-Netanyahu coalition. There is no third side.”

Bennett then addressed the upcoming elections, stating that he believes the people of Israel will stand with the IDF and “send home the government that is working against IDF soldiers.”

Gadi Eisenkot, leader of the Yashar! Party, also responded to Zamir’s criticism of the current government. He stated, “This government led us into disaster with full awareness, while ignoring the warnings from the IDF Chief of Staff, the heads of security organizations, and members of the Knesset, including myself.”

Eisenkot further addressed the upcoming elections, saying, “The extent of the failure and the fear of election results have allowed this Knesset to serve its full term. Even in its final days, the Netanyahu government continues to cause damage by disregarding warnings.”

“We will repeal the politically motivated exemption laws when the next government is formed,” Eisenkot asserted.

This post was originally published on here. 

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I first visited a Buc-ee’s a few years ago in Kentucky on a road trip. It’s a melting pot of American culture and consumerism (with a really good cherry limeade pop). It’s also apparently an aggressive trademark litigator over its beaver mascot. Take a pit stop and share your news and tips here: bob.herman@statnews.com.

[Tim Robinson voice] You sure about that?

UnitedHealth Group was happy to promote a new audit that said nearly all of the diagnoses recorded for its Medicare Advantage members during home visits (97%) were justified by medical records. But the results are not nearly as clean, or useful, as the company suggests.

Continue to STAT+ to read the full story…

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Century 21 is riding a wave of franchise acquisitions and merger activity — a trend Chief Operating Officer Greg Sexton says is driven by the escalating demands of real estate technology.

Sexton, who has spent more than two decades with the company, said the aggressive push into mergers and acquisitions (M&A) began as a strategic initiative following the pandemic and has since transformed into a core component of the brand’s identity.

The company has positioned itself to lead an industry-wide consolidation trend that Sexton sees occurring in markets across the country.

One of the most notable shifts, he explained, is that acquisitions are no longer confined to geographic boundaries.

“[Mergers and acquisitions] are now are being done from state to state across the country, meaning you can have a branded company like we have in Wisconsin that ends up doing a large acquisition out in San Diego,” Sexton said. “That would have never occurred years ago, but because of technology, you can have the infrastructure at a hub office that allows you to do M&As throughout the country. Consolidation is happening everywhere.”

Century 21 has completed 16 merger and acquisition deals so far in 2026, following 24 transactions last year — a roughly 40% increase from 2022’s total of 17.

Among the 2026 acquisitions are firms in South Carolina, Illinois, Florida, California, Wisconsin, Arizona and Georgia.

Compass merger brings tech edge

The integration of Century 21 under the Compass International Holdings umbrella following Anywhere Real Estate’s acquisition has played a significant role in the brand’s M&A momentum.

Sexton said the combination has created considerable conversation in the marketplace, particularly around technology — a factor he described as paramount for broker-owners.

“By coming together and having Compass technology that’s [will be] available for our Century 21 agents in the future, it’s made a huge difference,” he said. “It caused us to go out and have those conversations to say, ‘Hey, technology is only going to continue to grow and only going to be more expensive. You need to get with a brand that’s going to be able to provide that.’”

Sexton identified a GCI (gross commission income) threshold for independent brokerages considering affiliation.

“Once you get above $2 million in GCI, it really becomes so important that you have the tools and the resources, the marketing,” he said.

Coaching franchisees through the ‘scary’ M&A process

Sexton emphasized that Century 21 distinguishes itself by immediately training new franchisees on how to pursue their own acquisitions. He said the company has developed a comprehensive coaching program to guide broker-owners through what can be a daunting process.

“We have a whole training course that we put together that takes them through the entire process,” said Sexton. “One of the things that I love about mergers and acquisitions in real estate is that it’s different than any other industry, because you are literally selling something that is an intangible.”

He said conversations often center on helping broker-owners return to the meat and potatoes of the business they enjoy most.

“We talk about going back to doing those things that you love by moving your business to a company that has a great infrastructure,” said Sexton. “It’s about having resources that can do those things that, frankly, you don’t like to do [on your own].”

Broker-owner role evolves beyond production

Sexton said the role of the franchise owner has undergone a fundamental transformation over the past two to three decades. He noted that it is now nearly impossible for broker-owners who are also active producers to successfully grow a company.

“Years ago, the broker-owner was also often a producer and was out there actually driving their own production,” said Sexton. “That meant listing, selling — doing those things that they love to do, while also trying to own and operate a company. That is very rare now, and I would say almost impossible if you’re going to be a successful growing real estate company.

“The demands of owning and operating and providing all those resources and training for your agents requires a full-time job and requires a full-time staff.”

Sexton said the long-term outlook for M&A activity remains robust, — with local brokers increasingly questioning how they can compete.

With technology costs rising, consumer expectations climbing and the gap between small and large players widening, Sexton predicted that the consolidation wave still has considerable room to run.

This post was originally published on here. 

MetroTex MLS will match monetary rewards paid to its broker participants under the new North Texas Real Estate Information Systems, Inc. (NTREIS) Rewards-2025 Program, doubling financial incentives for brokers who provide high-quality listing data to the North Texas real estate marketplace, the association announced.

The initiative adds a second layer of payouts on top of the NTREIS Rewards-2025 Program, which was recently launched by NTREIS to return value directly to the brokers whose listing content powers the regional multiple listing service. By committing to match those rewards, MetroTex is targeting brokers who participate in MetroTex MLS and contribute listings to NTREIS.

The program comes as MLSs nationwide face increased scrutiny over data quality, transparency and cooperation in a fast-changing regulatory and litigation environment. For brokers, additional incentive dollars tied to data standards could help offset operating costs while reinforcing the business case for full MLS participation.

“Cooperation has always been the foundation of the MLS, and the brokers who contribute their listings are the ones who make that cooperation possible,” said Franceanna Campagna, 2026 chair of the MetroTex Association of Realtors. “By matching the NTREIS Rewards payments, MetroTex is recognizing the tremendous value our broker participants create every day while reaffirming our commitment to a transparent, competitive marketplace that benefits consumers and real estate professionals alike.”

The NTREIS Rewards-2025 Program evaluates broker contributions to the MLS over the 2025 calendar year. According to the announcement, rewards will be based on factors such as listing activity, data completeness, rich media like photos and virtual tours, and successful transaction outcomes. NTREIS also expects future reward cycles to incorporate compliance standards as part of the evaluation criteria, further linking compensation to data integrity and rule adherence.

Every listing entered into the MLS feeds a broad ecosystem of buyers, sellers, real estate agents, appraisers, lenders and technology platforms that rely on accurate, timely information. High-quality listing content supports fair housing enforcement, market analytics and consumer confidence, particularly in high-growth regions like North Texas.

MetroTex said its decision to match the NTREIS rewards is intended to provide “meaningful recognition” for broker participation in that ecosystem.

“As our industry evolves, Realtor associations must continue finding ways to deliver tangible value to the members we serve,” Campagna said. “This initiative recognizes that brokers are more than subscribers. They make the market work. Their investment in accurate, complete listing data benefits every participant in the real estate ecosystem.”

Why it matters

For brokers, the combined NTREIS Rewards and MetroTex matching payments could represent a new, recurring revenue stream tied directly to listing operations and data quality. For MLS executives and association leaders, the move illustrates one strategy for defending the value of organized real estate: pushing more dollars back to the brokerages that supply listing inventory while reinforcing rules around completeness and compliance.

The combined program represents what MetroTex called a “significant investment” in the future of organized real estate by encouraging continued participation in the MLS and reinforcing the value of cooperation at a time of rapid industry change.

Qualifying brokers will hear directly from NTREIS about eligibility, registration requirements and reward distribution. MetroTex said it will provide additional details about its matching program to eligible MetroTex MLS participants in the coming weeks.

The MetroTex Association of REALTORS® owns MetroTex MLS and is a shareholder of NTREIS. The association resells the NTREIS MLS service to more than 70% of NTREIS subscribers across North Texas.

This post was originally published on here. 

New York City’s new tax on luxury second homes drew a wave of criticism from real estate attorneys and brokers at a Department of Finance hearing on Thursday, just days after the levy took effect, with critics arguing that property owners are being asked to comply with rules that remain unclear. Attorneys and industry professionals told city officials the guidance released ahead of implementation leaves major questions unanswered, raising concerns that confusion and legal challenges could follow.

The so-called pied-à-terre tax was included in New York State’s 2026–2027 budget, approved by the New York State Legislature in late May, and officially took effect on July 1. The measure grew out of Governor Kathy Hochul’s budget proposal supporting New York City Mayor Zohran Mamdani’s effort to generate additional revenue for the city.

Who Pays the Tax?

The surcharge applies to non-primary residences meeting certain value thresholds.

For condominiums and cooperative apartments assessed at $1 million or more, owners face a tax beginning at 4%, increasing to 5.25% for properties valued between $3 million and $5 million, and 6.5% for those above $5 million.

Separate rates apply to one-, two- and three-family homes valued at $5 million or more, with taxes ranging from 0.8% to 1.3%.

City officials estimate the measure could generate approximately $500 million annually, while estimates from the New York City Comptroller’s Office project annual revenue closer to $340 million to $380 million, affecting roughly 10,000 properties.

Lawyers Say Questions Outnumber Answers

Much of Thursday’s hearing focused less on the tax itself than on how it will actually be administered.

Under the current schedule, the Department of Finance must notify property owners by August 30 if they are subject to the tax. Owners will then have just 30 days to challenge the determination by providing documentation demonstrating that the property qualifies as a primary residence.

Attorneys argued that the timeline leaves little room to resolve disputes while guidance remains incomplete.

Co-op Buildings Face Unique Challenges

Real estate lawyers said cooperative apartment buildings could face some of the greatest uncertainty.

Unlike condominiums, where taxes are billed directly to individual owners, the law requires cooperative corporations to receive a combined tax bill for all affected units. Boards would then be responsible for collecting the appropriate amounts from individual shareholders.

Attorneys questioned how boards should proceed if shareholders cannot be located, dispute the assessment or fail to pay, warning that the statute offers little direction on those situations.

Law firms also raised concerns that the law’s valuation methodology may not accurately reflect how cooperative ownership is structured, potentially creating additional legal disputes.

Potential Court Challenges Ahead

Lawyers also pointed to questions surrounding ownership through trusts, limited liability companies and other entities, arguing that several provisions remain open to interpretation. Under the law, penalties for inaccurate filings can reach 50% of the tax owed.

Many attorneys expect litigation over residency qualifications, valuation disputes and implementation procedures as property owners seek greater clarity.

Luxury Market Remains Resilient

Despite criticism surrounding the rollout, New York City’s luxury housing market has shown little immediate impact.

According to Jonathan Miller, president and chief executive of appraisal firm Miller Samuel, luxury inventory has declined approximately 40% from a year ago, reaching its lowest level since 2004. Brokers say demand for high-end Manhattan properties has remained strong despite predictions that wealthy buyers would relocate to lower-tax states.

Whether the new tax ultimately changes purchasing behavior remains uncertain. For now, attorneys say the immediate concern is ensuring property owners understand how the law will be applied before the first tax bills arrive.

JBizNews Desk | New York
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The White House removed all three sitting members of the U.S. Election Assistance Commission on Thursday, leaving the federal agency without a quorum just months before the November midterm elections.

According to individuals familiar with the decision and a White House official, Democratic commissioners Thomas Hicks and Benjamin Hovland were dismissed by email from the White House Presidential Personnel Office, while Republican Commissioner Christy McCormick was asked to resign. The White House confirmed all three commissioners would be replaced.

The termination notices informed the commissioners that their appointments were ending effective immediately. Hovland later said he learned of his dismissal while returning from an official visit to a Missouri election office.

Commission Left Without Leadership

The Election Assistance Commission (EAC) is an independent federal agency created to help states administer elections. The commission is structured as a bipartisan four-member panel, with commissioners confirmed by the U.S. Senate.

Its fourth seat had already become vacant earlier this year following the resignation of Republican Commissioner Donald Palmer.

With all remaining commissioners now gone, the agency currently lacks the quorum required to conduct official business until new nominees are confirmed by the Senate.

Election Operations Could Be Affected

The EAC oversees several key election-related responsibilities, including accrediting laboratories that test voting equipment, certifying voting systems used by state and local governments, administering federal election grants and maintaining the national voter registration form.

Without commissioners in place, approvals for voting equipment and other agency actions may be delayed until a new commission is confirmed.

Election officials and manufacturers of voting equipment are now watching closely to determine how quickly replacements can be nominated and approved.

Supreme Court Decision Changed the Landscape

The dismissals follow the U.S. Supreme Court’s decision in Trump v. Slaughter, issued in late June, which held that the president has broader authority to remove officials serving at certain independent federal agencies.

The administration cited that ruling in defending Thursday’s actions.

Political Debate Intensifies

The removals come amid continued debate over federal election policy.

Following Congress’s failure to approve the SAVE America Act, President Donald Trump signed an executive order directing the commission to pursue additional voter registration and election administration changes, including proof-of-citizenship requirements and updated voting system standards.

With no commissioners currently serving, questions remain about how those initiatives will proceed until the agency is reconstituted.

The decision immediately drew criticism from Democratic lawmakers and several state election officials, who argued the timing creates uncertainty ahead of the November elections. Supporters of the administration contend the president has the constitutional authority to appoint leadership that reflects his policy priorities.

Business and Government Impact

Beyond election administration, the leadership vacuum also affects companies that manufacture and certify voting equipment, along with state and local governments that rely on federal certification standards and grant funding.

Until new commissioners receive Senate confirmation, the agency’s ability to approve voting systems and carry out certain statutory responsibilities remains limited, shifting greater responsibility to state election officials during one of the busiest election cycles of the year.

JBizNews Desk | Washington
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A new report warns that stronger safeguards against fraud are needed in the Obamacare exchanges to prevent bad actors who serve as agents and brokers in the federal marketplace from making unauthorized plan enrollments and changes to get compensation from health insurance providers.

The Government Accountability Office (GAO) on Monday released a report showing that the number of consumer complaints about unauthorized plan enrollments and changes grew more than fourfold from 2023 to 2025, rising from a combined 66,548 to 299,604 in that period. 

The review found that the Centers for Medicare and Medicaid Services (CMS), which maintains the federal Obamacare exchange, had insufficient controls to protect consumers from unauthorized activity by unscrupulous agents and brokers. 

Among the issues it identified were weak processes to ensure consumer consent for agent or broker actions, a lack of restrictions ensuring that only the agent or broker associated with a consumer’s enrollment can access the consumer’s exchange records, and CMS not informing consumers of all actions taken by agents and brokers.

OBAMACARE PRICES ARE SET TO SPIKE – HERE’S WHY

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The federal government’s push to run its own deportation airline is well behind schedule. Homeland Security Secretary Markwayne Mullin said in mid-May that the Department of Homeland Security expected to fold its new fleet into removal flights “in the coming weeks,” yet the roughly 10 aircraft the department bought early this year had spent much of 2026 parked at a maintenance facility in Louisiana, according to a person familiar with the matter and public flight-tracking data cited by CNN. None had carried a single deportee.

The plan began under Mullin’s predecessor, Kristi Noem. For decades, Immigration and Customs Enforcement, the agency inside DHS that handles removals, had leaned on charter operators to fly people out of the country. Noem’s team wanted to own the planes instead, a shift meant to help deliver President Donald Trump‘s goal of deporting 1 million people a year. DHS signed a contract worth nearly $140 million with Daedalus Aviation to buy up to six Boeing 737s, funded from the roughly $170 billion Congress approved over four years for immigration enforcement in last year’s tax-and-spending law.

A Fleet Waiting to Fly

The fleet grew to eight 737s and two Gulfstream jets. William Walters, chief executive of Daedalus Aviation, told CNN the aircraft were sold at cost plus overhead, including the expense of converting passenger aircraft for deportation operations. Neither Walters nor DHS disclosed a detailed cost breakdown.

When Markwayne Mullin became Homeland Security secretary, he ordered a review of contracts executed under the prior administration. DHS said the aircraft have been undergoing maintenance, safety inspections and operational modifications before entering service. Several of the planes were also used during evacuation missions tied to the conflict involving Iran, though they have not yet been deployed for deportation flights.

The Real Cost Comes After the Purchase

Industry experts say purchasing aircraft is only the first step.

Operating an airline requires ongoing spending for pilots, maintenance, insurance, fuel, flight crews and regulatory compliance. Former ICE officials told CNN that sustaining a government-owned fleet presents significant long-term operational challenges beyond the initial acquisition cost.

At least initially, DHS plans to rely on commercial operators to fly the aircraft, but charter companies must still receive regulatory approvals and train crews to operate the newly acquired Boeing 737 fleet before regular operations can begin.

Can It Save Taxpayers Money?

DHS has argued that operating its own fleet could eventually reduce deportation costs by as much as $280 million through more efficient scheduling and reduced reliance on outside charter companies.

According to ICE figures, charter deportation flights currently cost between approximately $7,000 and $27,000 per flight hour, depending on aircraft type and mission requirements. Officials argue that eliminating multiple layers of subcontracting could reduce long-term operating expenses.

For now, however, deportation flights continue to rely largely on private charter operators while the government-owned fleet awaits full deployment.

Removal Flights Continue to Increase

Despite delays involving the government fleet, deportation activity continues to rise.

Human Rights First, which tracks removal flights, reported 245 deportation flights during one recent month—the highest monthly total since the organization began monitoring flights in 2020.

Whether DHS ultimately achieves the projected savings will depend on how efficiently the government can operate and maintain its own aircraft over the long term. Until the fleet begins regular operations, the anticipated financial benefits remain projections rather than demonstrated results.

JBizNews Desk | Washington
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American families are increasingly being pushed past their financial limits at the grocery checkout counter, turning to credit card debt just to keep food on the table, according to a new study.

Data released Monday from the Urban Institute found that a cumulative 32% increase in food costs over the last five years has pushed more than one in four working-age Americans into credit card debt just to cover their regular grocery bills.

“Groceries are one of the largest household budget items for families. Over the past five years, food costs have increased substantially,” the report said. “This means that families today face persistently higher prices when they go to the grocery store, and food affordability remains a key concern for many.”

The report also found, “Between 2023 and 2025, the share of working-age adults who paid for groceries with a credit card and did not make the minimum payment increased, signaling worsening financial distress among families.”

WHITE HOUSE, GAS STATIONS POINT FINGERS OVER STUBBORN PRICES WHILE LOCATIONS THAT SLASHED PRICES SEE BOOM

While recent relief at the gas pump offered a temporary inflation reprieve, corporate supply chain strains and the lingering effects of global trade and geopolitical shocks are expected to keep prices elevated for the foreseeable future, The Conference Board Chief Economist Dana M. Peterson recently told Fox News Digital. She predicted everyday Americans will continue to feel the squeeze at the grocery store, with the Federal Reserve’s 2% inflation goal remaining out of reach until at least 2028.

Though June’s inflation data via the consumer price index (CPI) will be released this Tuesday, April’s personal consumption expenditures (PCE) index rose 0.4% on a monthly basis and is up 3.8% from a year ago.

The Urban Institute findings underscore current price pressures, noting 63.2% of working-age Americans ages 18-64 charged their grocery purchases to credit cards last year. More than one-quarter of those individuals then encountered repayment struggles.

Additionally, the share of individuals who failed to make the minimum payment on credit cards used for grocery purchases increased from 7.1% in 2023 to 8.7% in 2025.

“Buy now, pay later” installment plans were used by 8.9% of adults to secure food, but more than a third (34.8%) of those users failed to make an installment payment on time.

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Those hit hardest by the food costs are middle-income earners, the data shows, with middle-class families earning between 200% and 400% of the federal poverty level seeing missed minimum credit card payments on food jump from 9.3% in 2023 to 12.3% in 2025.

“Although access to credit and savings can provide a lifeline for families struggling to meet basic needs,” the Urban Institute wrote, “relying too much on these strategies may lead to financial instability if they have a hard time keeping up with debt or do not recover financially after drawing down savings.”

READ MORE FROM FOX BUSINESS

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The US military has used one-way attack sea drones during operations against Iran overnight, US Central Command (CENTCOM) announced. It was the first time that such unmanned surface vessels have been used in the ongoing war.

“CENTCOM forces struck Iranian military air-defense systems, coastal radar sites, missile and drone capabilities, and small boats using US fighter aircraft, naval vessels, one-way attack aerial drones, and one-way attack sea drones for the first time,” the command said.

CENTCOM has not made the sort of platform used in the operations public, but the command has been integrating several sorts of unmanned surface vessels (USV) in recent months.

Last month a Corsair USV manufactured by Saronic was instrumental in the rescue of two US Army helicopter crew members after their Apache helicopter was shot down in the Strait of Hormuz off the coast of Oman.

The Corsair was under the operational lead of the US Naval Force Central Command (NAVCENT) and the 82nd Airborne Division with Task Force 59. Task Force 59 is NAVCENT’s Unmanned Systems Unit, and it is the Navy’s primary hub for integrating drones and AI‑enabled maritime platforms.

In April, CENTCOM announced that it would be sending underwater drones to help clear the Strait of Hormuz.

“Today, we began the process of establishing a new passage, and we will share this safe pathway with the maritime industry soon to encourage the free flow of commerce,” said Adm. Brad Cooper, commander of CENTCOM, was quoted as saying at the time.

The press release added that “The Strait of Hormuz is an international sea passage and an essential trade corridor that supports regional and global economic prosperity. Additional US forces, including underwater drones, will join the clearance effort in the coming days.”

During the war, The New York Times reported that Iran had started laying naval mines in the Strait, effectively closing off the critical waterway to international shipping. About 20% of the world’s oil moves through that important chokepoint, as well as 20% of the world’s liquefied natural gas. 

Iran is estimated to have between 2,000 and 6,000 naval mines, and upward of 80-90 percent of its small boats and mine layers, making it possible to lay hundreds of mines in the waterway. Iran reportedly lost track of the locations of mines deployed in the Strait of Hormuz and has no clear idea of where all the mines were placed.

USV marketplace

The US Navy has been building a family of USVs and recently replaced its Modular Surface Attack Craft (MASC) program for the medium unmanned surface vessel (MUSV) marketplace.

The requirements for the designs include that the unmanned vessels have a range of 2,500 nautical miles with a speed of 25 knots in rough sea conditions. Each vessel should be able to carry 25 metric tons of containerized payload to carry out a variety of missions including strike, ISR, and transport.

According to the US Navy, “the MUSV marketplace creates new opportunities for smaller, non-traditional shipyards to build our future fleet. This initiative represents a strategic shift in naval acquisition, designed to rapidly field unmanned technologies by leveraging mature, existing commercial solutions.”

The US Navy recently announced seven companies that will be advancing to the at-sea testing phase: Sea Machines, Leidos, Saronic, Galliano Marine Services, PacMar Technologies, Birdon, and Huntington Ingalls Industries.

The companies that successfully complete the at-sea testing, which will be completed by this coming October, will receive $15 million for follow-on production.

Kamikaze drones

In addition to USVs, Secretary of War Pete Hegseth has directed the acceleration of the acquisition and fielding of affordable drone technology. In December, CENTCOM announced that it had “launched Task Force Scorpion Strike (TFSS) designed to quickly deliver low-cost and effective drone capabilities into the hands of warfighters.”

LUCAS drone (illustrative). (credit: Cpl. Kayla Mc Guire/Wikimedia Commons)

 The report says, “the new task force has already formed a squadron of Low-cost Unmanned Combat Attack System (LUCAS) drones currently based in the Middle East.”

The V‑shaped LUCAS drones, developed by SpektreWorks, are reverse-engineered Shahed-136 Iranian drones that have been used extensively by Russia in Ukraine and by Iranian‑backed militias across the Middle East. The system was first used by CENTCOM in February.

The American LUCAS platform, which can be launched by various mechanisms including catapults, rocket-assisted takeoff, or mobile ground and vehicle systems, aims to be a low‑cost derivative designed for rapid production and deployment. 

While the US has not disclosed the full capabilities of the LUCAS system, the combination of Task Force Scorpion Strike on land and Task Force 59 at sea indicates a coordinated effort to build a regional drone strike network in a heavily contested region. 

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Iranian officials spent the week of Ayatollah Ali Khamenei’s multi-day funeral reaffirming their commitment to the “Axis of Resistance,” according to a series of photos and statements released by Iran’s Foreign Ministry and state media throughout the week.

Muhammad Fneish, a US-sanctioned politician for Hezbollah, met with Iran’s foreign minister Abbas Araghchi in Tehran on July 4 and Iranian Parliament Speaker Mohammad Bagher Ghalibaf on July 5.

Hezbollah delegation meets Iranian leadership

While the press release on the Araghchi meeting mentioned only that the pair exchanged comments related to Hezbollah’s actions against Israel, its gratitude to Tehran for including Lebanon in the Memorandum of Understanding, and an exchange of condolences over assassinated leadership, the release on the latter meeting pushed that Hezbollah would continue its “Islamic and revolutionary duty” in the “resistant front.”

Sheikh Ali Al-Khatib, Vice President of the Lebanese Shiite Supreme Islamic Council, also met with Araghchi in Tehran last week, where the foreign ministry claimed the minister “stressed Iran’s commitment to pursuing an end to the Zionist regime’s aggression and occupation against Lebanon.”

Hamas leaders praise Iran’s role in ‘Resistance Front’

Photos published by the foreign ministry revealed senior members of Hamas present at the meeting, including Muhammad Ismail Darwish, the Qatar-based chairman of Hamas’s Shura Council.

After the meeting with Araghchi and Ghalibaf, Darwish told CNN’s Arabic service that Iran “will not make peace with America and will not recognize Israel,” and claimed that the parliamentary speaker reiterated his support for the “resistance front.”

Darwish, according to the foreign ministry, claimed that Iran’s successes in the war with the United States represented “the victory of the entire Resistance Front and Muslims.”

Houthi official reaffirms support for Iran

Ghalibaf also met with Mohammad al-Nuaimi, a member of the Houthis’ leadership, according to the semi-official Mehr News Agency, where the representative from the Yemeni group reportedly said the Houthis would remain in the “same trench” for the sake of the Islamic Ummah (global Muslim community).

“What happened in Iran during the recent war has become a school of thought for the entire Resistance Front,” he said.

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The Gulf’s patience with Iran is being “tested” by the Islamic Republic’s continued attacks on Gulf states and maritime shipping, potentially pushing regional governments to consider “limited strikes” against the Iranian regime, Bahraini analyst Ahmed Alkhuzaie told The Jerusalem Post on Monday.

Alkhuzaie, Managing Partner at the Washington-based Khuzaie Associates LLC consultancy firm, said that “while outright offensive operations are not their default posture, the possibility of limited strikes, heightened maritime patrols, or covert actions cannot be ruled out if provocations continue.”

Iran’s Islamic Revolutionary Guard Corps (IRGC) acknowledged on Monday they had attacked Bahrain, Kuwait, Oman and Jordan, claiming to have targeted US military facilities and assets in the countries. Iran has continued to launch attacks since signing the now effectively defunct Memorandum of Understanding (MoU) with Washington, significantly escalating its attacks in recent days.

The attacks came as Iran’s efforts to assert its control over the Strait of Hormuz, attacking vessels transiting through the Omani route and pursuing diplomatic talks promising favorable terms to those who accept its status, largely failed.

With the failed MoU and a deadlock over Iran’s attempted Hormuz grab, Alkhuzaie said that Gulf nations would calibrate their next steps “to avoid uncontrolled escalation” while also demonstrating their unwillingness to have their security concerns ignored.

“The strategic imperative for these states is to balance deterrence with stability, ensuring that Iran understands the costs of continued aggression,” he noted.

The Peninsula Shield Force, the joint military arm of the Gulf Cooperation Council, would likely be the key instrument of any collective action, he continued.

Shared military capacity, political solidarity in Gulf

“It represents not only shared military capacity but also political solidarity among Gulf states,” he said. “The force has been modernized over time, with capabilities ranging from ground troops to air and naval support, designed to respond to regional threats. Its existence means that Gulf states are not acting in isolation; they can mobilize a coordinated response that amplifies their deterrent power and signals unity in the face of external challenges.”

Outside the shield, Saudi Arabia and the United Arab Emirates also possess “leading military powers” capable of adopting a “collective deterrent posture,” while Kuwait, “though traditionally cautious in its foreign policy,” maintains a capable defensive force.

The US military presence across the Gulf further strengthens the states’ overall security architecture, Alkhuzaie highlighted. Oman can also leverage its geographic proximity to the Strait of Hormuz, while Bahrain provides pivotal maritime security support by hosting the US Fifth Fleet.

“Together, these nations form a layered security network that extends beyond sheer military might. Their collective geography, commanding chokepoints, coastlines, and airspace, adds strategic weight to any potential response,” he stressed. “Their political cohesion within the GCC, reinforced by the Peninsula Shield Force, ensures that even smaller states can amplify their influence through collective action.

“This unity, combined with external partnerships, means that the Gulf’s deterrent posture is not solely dependent on its largest members but is strengthened by the contributions and strategic positioning of all six states,” he added.

Though Yemen’s defense ministry admitted that its forces targeted a runway at the Houthi-controlled Sanaa International Airport to prevent an Iranian plane from landing, reports initially surfaced claiming Saudi Arabia had been responsible for the attack. Saudi Arabia is not among the countries targeted by Iran during the latest outbreak, though it had previously suffered civilian losses as a result of Iran’s aerial assaults.

Asked whether an attack on one of Iran’s proxies would strike a sufficient balance of responding to Iran without escalating, Alkhuzaie said Gulf states were “heading that way.”

“Our economies suffered enough… we can’t keep getting hit forever,” he reasoned.

Additional analyst speaks to ‘Post’

Mojtaba Dehghani, an Iranian analyst on Middle Eastern affairs, told the Post that he thought Gulf states would be more willing to “tolerate” Iranian attacks than their public statements would suggest, but their main concern is “preserving stability, investment confidence and the image that the Persian Gulf is still relatively insulated from a wider war” rather than their own personal image.

“I don’t think an open, unilateral military response by the Persian Gulf states themselves is the most likely scenario right now,” he said, predicting that a more likely outcome would be an “indirect and layered response” involving more coordination with the US, more air defense integration, intelligence sharing, and maritime security.

Dehghani added that Gulf states would likely continue to channel diplomatic pressure through Oman and Qatar, but would largely avoid being seen as leading a war against Iran.

“The threshold for a direct response would likely be much higher: large-scale casualties on Persian Gulf soil, a major hit on Saudi or Emirati energy infrastructure, a prolonged closure of Hormuz, or a clear sense that US deterrence is no longer working,” he outlined. “Until then, I would expect them to let Washington carry most of the visible military burden while they strengthen their own defenses.”

Though he acknowledged Gulf “tolerance is shrinking,” he said that it was unlikely that the Gulf would yet lead a response, preferring to continue to back the US actions in private.

“The difficult balance for them is that they need protection from Iran, but the more visibly they align with a harder US-Israel security posture, the more exposed they may become to Iranian retaliation,” he concluded.

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US Central Command (CENTCOM) used “one-way attack sea drones for the first time,” according to a statement on Monday referring to a new round of strikes by the US against Islamic regime targets.

The US has been increasing its strikes on Iranian targets over the past week, in the wake of the Islamic Republic attacking several oil tankers on July 6-7. The US did not specify the type of “one-way attack sea drones for the first time,” but they are clearly an example of how innovative technology is being used at sea and improving drone warfare.

The campaign against Iran has now entered a cycle in which the US attacks dozens of targets at night, and the Iranians respond. There is a push to end this tit-for-tat. Qatar, for instance, is seeking to get both sides to de-escalate. This all comes in the wake of a ceasefire in April and a Memorandum of Understanding (MoU) in June. What is important is that the US can also use new technology to confront the Iranian threat.

One of the new technologies is in the realm of drone warfare. The US, especially CENTCOM, has been putting resources into new types of drones over the last few years. One realm of drone warfare is at sea. This doesn’t all involve defensive weapons. Drone boats, also called “unmanned surface vessels,” can be used for a variety of tasks.

It’s worth looking back at how we got here. Drone warfare has been increasing for decades. Aerial drones were pioneered in Israel and the United States. Used as target drones and for surveillance, these drones were eventually armed. The American Predator, for instance, was an early example of an armed drone.

Israel’s loitering munitions, such as the Harpy, are another example. As drone warfare developed in the air, it also became clear that it could have unmanned applications on land and at sea. On land, this consists of robots, either tracked or wheeled vehicles, or even things like robotic dogs.

At sea, drones are an obvious choice for navies. Naval ships are expensive, large, and take years to make. The US has faced a growing challenge at sea as it seeks to increase shipbuilding and also grapples with the outcomes of programs such as the Littoral Combat Ships that Washington poured money into.

Naval drones in the maritime battlefield

Naval drones offer a quick way to pivot into the new maritime battlefield. Some of the naval drones being developed are still under wraps. For instance, the new system the US used on Sunday does not appear to have been revealed to the public yet.

In 2021, Naval News noted that “the US Navy announced the commissioning of a Task Force 59, a new task force that combines manned with unmanned systems and artificial intelligence for maritime operations in the US Navy’s 5th Fleet area of operations, or US Naval Forces Central Command (NAVCENT).”  

The current head of CENTCOM, Adm. Brad Cooper, was, at the time, a vice admiral and commander of NAVCENT, US 5th Fleet, and Combined Maritime Forces, based in Bahrain, from 2021-2024. As such, Cooper played a key role in establishing Task Force 59 with Capt. Michael D. Brasseur, who became the first commodore of the Task Force.

“Task Force 59 aims to use unmanned air, sea, and underwater systems in an operational maritime environment to test, integrate, learn lessons from, and practice deployment and tactics for the NAVCENT,” Naval News noted at the time.

In November 2022, the US Navy noted that “US 5th Fleet began a three-week unmanned and artificial intelligence integration event in Bahrain, November 23, that will involve employing new platforms in the region for the first time.”

The US Navy added that “the event, called Digital Horizon, will advance the command’s efforts to integrate new unmanned technologies while establishing the world’s first unmanned surface vessel fleet by the end of next summer. US 5th Fleet’s efforts are focused on improving what US and regional navies are able to see above, on and below the water.”

Today, the fruits of all this work are paying off. In June, an unmanned drone boat rescued two crew members of an Apache that went down at sea. Now, the use of new naval attack drones is an important development. It is part of the broader trend toward greater use of unmanned systems at the edge of the battlefield.

The benefits of drone warfare

Rather than having people exposed to threats, sending in the drones can reduce casualties. This has already been clear in Ukraine. The US has been investing heavily in new, cheaper systems for this arena. The key to unmanned systems being used in the most dangerous parts of combat is that they need to be attritable, meaning they can be sacrificed.

In the case of one-way attack drones – essentially “kamikaze” drones – the whole point is that they are being destroyed. However, Western experience with these systems shows that the West invested in expensive cruise missiles in the past.

Now, the goal is cheaper systems that accomplish the same level of accuracy and deal the same amount of precision blows to the enemy. Anduril, for instance, has created the relatively low-cost Barracuda cruise missile. The US has also invested in the LUCAS (Low-cost Uncrewed Combat Attack System), which is modeled on the Iranian Shahed delta-wing style drone.

The overall sense one gets is that CENTCOM is now at the forefront, utilizing new innovative defense technologies on the modern battlefield. The conflict with the Islamic regime affords the US an opportunity to see how these new systems work.

CENTCOM said on Monday that it had “completed a new wave of offensive strikes against Iran on Sunday, hitting dozens of targets at multiple locations with precision munitions to degrade Iran’s ability to continue attacking international shipping flowing through the Strait of Hormuz.”

“US forces struck Iranian military air-defense systems, coastal radar sites, missile and drone capabilities, and small boats using US fighter aircraft, naval vessels, one-way attack aerial drones, and one-way attack sea drones for the first time,” CENTCOM added.

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A person was killed on Monday in a shooting involving US Immigration agents in Maine, media outlets reported, days after a man was killed by a US agent during a traffic stop in Texas.

Media reports of the shooting in Biddeford, Maine, cited a post by Ryan Fecteau, Maine’s speaker of the House, on a personal Facebook page.

“This morning a shooting occurred in Biddeford. A person was killed. ICE was involved. State Police and the Department of Public Safety are now on scene to gather details and would expect the FBI to investigate as well,” Fecteau wrote, according to the reports.

Local media said authorities closed a road and local law enforcement were joined by FBI officials at a crime scene in Biddeford, a city of over 21,000 people, located 15 miles south of Portland and 90 miles north of Boston.

Immigration and Customs Enforcement (ICE) and Department of Homeland Security officials could not be immediately reached for comment.

Second incident in days, protests sparked in Houston, Texas

Biddeford police did not comment and referred an inquiry to ICE, while the mayor did not immediately respond to a Reuters request for comment.

An ICE agent in Houston fatally shot a man identified as Lorenzo Salgado Araujoin last week while officers were trying to stop his vehicle, the agency said in a statement.

The shootings come in the midst of an escalating federal crackdown on migrants nationwide, with the Houston incident sparking protests.

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The deans of Israel’s medical schools published a letter to Knesset members warning of the dangers posed by the proposed Gender Segregation Bill in Higher Education, Kan reported this morning.

The proposed bill “is a direct danger to the health of the citizens of Israel,” the deans wrote in the letter. “The approval of the law will make gender the determining factor in the training of medical staff, instead of the expertise of the lecturers.”

“The bill’s approval will lead to a loss of international recognition and appreciation of Israel’s institutions of higher education,” they added.

The deans continued, “Israeli doctors will not be able to go on a super specialty (fellowship) in the leading hospitals abroad, which will lead to a fatal blow to the availability and quality of specialist doctors in Israel.” 

Furthermore, they wrote that joint study is “an essential basis for adapting medical treatment to all populations.” Calling on Maimonides’ spirit, the deans said: “the medical system must see a person first and foremost, regardless of gender or status.” 

Knesset approves bill in second and third reading, pending plenum approval

Last week, the Knesset approved the bill on second and third reading. It will be put to a vote later this week.

The bill will permit graduate schools to offer gender-segregated study tracks, which are currently prohibited.

“Contrary to the misleading campaign against it, this law does not impose segregation on anyone – it expands freedom of choice,” Education Committee Chair MK Tzvi Sukkot said following the bill’s approval last week.

“Those who speak in the name of pluralism should also respect the religious and ultra-Orthodox public and allow them an equal opportunity to advance in academia.”

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British counter-terrorism police officers are now leading the investigation into the suspected murder of former British government minister Ann Widdecombe in light of new information, interior minister Shabana Mahmood said on Monday.

Widdecombe, 78, was found dead at her home in rural southwest England last Thursday with what police described as “serious injuries.” She was a prominent member of Nigel Farage’s populist Reform UK, having left the Conservatives after she stood down from parliament in 2010.

Police arrested a white British man in Rotherham, northern England, late on Saturday on suspicion of her murder, and initially said there was not thought to be a terrorism link.

“Following new information and evidence, they (counter-terrorism police) are now leading on the investigation into the horrific murder of Ann Widdecombe,” Mahmood said on social media platform X.

“The police are pursuing multiple lines of inquiry to establish the motivation for this attack,” she said, adding that she would update lawmakers in parliament later on Monday.

Suspect rearrested on suspicion of acts of terrorism

The suspect has now been rearrested on suspicion of commission, preparation or instigation of acts of terrorism, the BBC reported, citing counter-terrorism police.

Security for politicians is under scrutiny in Britain, as two serving British members of parliament have been murdered in the last decade.

Labor lawmaker Jo Cox was shot and stabbed by a Nazi-obsessed attacker during the Brexit campaign in 2016. Conservative lawmaker David Amess was stabbed to death in 2021 by a man inspired by the militant group Islamic State.

Widdecombe was known for her socially conservative views, first as a junior minister in Conservative Prime Minister John Major’s 1992 to 1997 government and latterly as an immigration and justice spokesperson for Reform UK. Tributes have poured in following her death from across the political spectrum.

She converted to Catholicism partly in protest at the Church of England’s decision to ordain women as priests. She was also known for her opposition to abortion and to equalizing the age of consent for homosexual and heterosexual relationships.

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A ten-story commercial building caught fire on Ashdod’s Jerusalem Boulevard on Monday, the Israel Fire and Rescue Authority (IFRA) said, noting that the fire has since been brought under control.

Firefighter teams worked at the scene to extinguish the blaze and prevent its spread, search for any trapped individuals, and ventilate the building.

No injuries have been reported, IFRA stated, noting that an investigation will be conducted to determine the cause of the fire.

This is a developing story.

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The High Court of Justice questioned on Monday whether there was any need to continue hearing a petition challenging tax benefits for donations to yeshivot attended by draft-eligible students who have not regularized their military status, after the state accepted the petitioners’ central legal argument and began implementing it.

Following a hearing lasting approximately one hour, Justices Dafna Barak-Erez, Gila Canfy-Steinitz, and Ruth Ronnen said they would issue a decision at a later date on whether the proceedings should continue.

The petition, filed by Israel Hofsheet [NGO founded 2009, advocates for religious freedom, civil rights, and cultural pluralism] against the Finance Ministry and Finance Minister Bezalel Smotrich, challenges tax benefits granted under Section 46 of the Income Tax Ordinance, which allows donors to recognized public institutions to claim tax credits on their contributions.

Israel Hofsheet argues that the benefit amounts to indirect public funding and therefore cannot continue, after the High Court ruled in June 2024 that the state lacked authority to fund yeshivas in respect of students legally required to enlist.

Court questions need to continue petition

At Monday’s hearing, Barak-Erez pointed to Attorney-General Gali Baharav-Miara’s adoption of the petitioners’ position.

“Why, at this time, has the petition not exhausted itself?” she asked. “The question is not whether we have reached an ideal state, but whether at this time there remains anything to discuss.”

Attorney Hagai Kalai, representing Israel Hofsheet alongside attorney Gal Barir, replied that the petition had effectively been accepted, since the state now agreed that the institutions could not receive such indirect support.

A representative of the attorney-general told the court that, in light of its rulings, the state was not authorized to finance draft-eligible students who had not regularized their status, and was required to take all available steps to prevent such funding.

“You are essentially accepting the principled position presented by the petitioners?” Barak-Erez asked, noting that the answer also affected the procedural question of whether the case should continue.

The state representative said that although the tax benefit was formally granted to donors, it nevertheless constituted indirect support by the state.

“According to our position, there is no authority to provide such support,” she said. “The court ruled that the state is not authorized to continue supporting draft-eligible students who have not regularized their status.”

State begins implementing new policy

Baharav-Miara has instructed the Israel Tax Authority to implement a mechanism for identifying the relevant institutions. Yeshivot seeking to obtain, renew, or retain Section 46 recognition are being required to provide declarations and identifying information regarding their students.

The information will be checked against military records, after which the Tax Authority will determine each institution’s continued eligibility based on whether draft-eligible students enrolled there have regularized their status.

Smotrich opposed broadly revoking existing approvals because of the military status of students enrolled at the institutions, according to the state’s position submitted ahead of the hearing.

Israel Hofsheet argued that maintaining Section 46 recognition for those institutions would replace prohibited direct funding with an indirect subsidy delivered through the tax system.

The movement further argued that an institution facilitating continued evasion of legally required military service could not be considered a public institution entitled to the benefit and that maintaining its recognition would contradict the rule of law and public policy.

According to Israel Hofsheet, tax credits arising from donations to four yeshivot alone cost the state over NIS 24 million in 2023.

Israel Hofsheet welcomes state’s position

Following the hearing, the movement said the state’s adoption of its legal position and the beginning of its implementation represented a significant public and legal achievement.

“The hearing today illustrated what truly matters: The legal position we presented in the petition was accepted by the state,” Israel Hofsheet said.

It said the remaining question was whether continued judicial proceedings were needed to ensure that the policy was implemented, or whether the court could rely on the state’s assertion that it was already acting in accordance with the principles set out in the petition.

“We were pleased to see that our position was accepted and that there is no longer any question regarding what should have been clear from the outset,” Israel Hofsheet CEO Uri Keidar said.

“Section by section, shekel by shekel, we will block every attempt to continue subsidizing draft evasion with state funds. The time for equality has come.”

This post was originally published on here. 

Beaufort Castle, whose name comes from the French beau fort, “beautiful fortress,” is a well-known Lebanese landmark.

It was a key objective when Israel invaded Lebanon in 1982 and became an IDF post that was chronicled in the 2007 film Beaufort, based on a 2005 novel.

The fortress dominates the area around it. It is part of Lebanon’s Nabatiya Governorate. It was recently captured again by Israel, this time taken from Hezbollah. The fortress is only a few kilometers from the border of Israel, but retaking the area was not undertaken in the early days of the conflict with Hezbollah.

Journalists recently visited Beaufort with the IDF. The numerous accounts paint a picture of an area used by Hezbollah. The terror organization, with Iranian funding and support, tunneled underground. Hezbollah’s tunnel system included operating rooms and numerous weapons. The tunnel system extends beneath the ridge the castle was built on.

In essence, though, Hezbollah used this area for the same reason the Crusaders did: it was a strategic location that dominated the surrounding terrain.

What was found in the tunnels near the castle appears to indicate a large-scale engineering project and substantial investment. Reports also indicate this system of tunnels would have taken many years to complete. The tunnels had to be cut into rock, not dug out from the sand, as in Gaza. This was complex.

What does the story of Beaufort teach us?

The site is a symbol, and it has been for decades. It’s a symbol of the wider challenge of southern Lebanon. Why was it taken in 1982? Because it was already being used by terrorists.

Lebanon has failed to secure this area for decades. In 1982, the excuse was that the country had fallen into civil war in 1976 and the terrorists had exploited this. At the time, Palestinian terrorist groups were the threat. After 1982, the threat became Hezbollah.

However, the Lebanese state was supposed to be rebuilt following the 1989 Taif Accords, which ended the civil war. When Israel left southern Lebanon in 2000, chronicled in the 2007 film, the Lebanese government was supposed to return. A key part of Lebanon’s return was supposed to be linked to the United Nations Interim Force in Lebanon (UNIFIL) deployment in southern Lebanon.

UNIFIL was created in 1978 after the Israeli Litani operation, which was yet another Israeli operation against terrorism in southern Lebanon. At the time of its establishment, the mission was primarily to monitor the Israeli withdrawal and help Lebanon reestablish its authority.

What happened? We know what happened. UNIFIL has never been able to do anything of substance in southern Lebanon. It had many opportunities.

You can find maps of the UNIFIL deployment online. For instance, an August 2024 map shows how UNIFIL carpeted southern Lebanon with various posts. One could be forgiven for looking at the map and imagining this was a robust force. There are symbols for dozens of units; there is even a naval component.

There are little military symbols for headquarters units, and for forces from Tanzania, Italy, Indonesia, Sri Lanka, India, Nepal, Korea, Ghana, Malaysia, Ireland, Poland, Spain, and other countries.

One might be deceived here because if you looked at a plan for Operation Overlord, the codename for the Allied invasion of France in 1944, the plans of Overlord look less complex than the UNIFIL deployment. Yet, Overlord actually accomplished something.

For all the dozens of unit symbols on the map of UNIFIL’s deployment, the organization doesn’t seem to have accomplished anything at all.

In fact, it may have been counterproductive because the illusion of UNIFIL meant that the international community could pretend Hezbollah wasn’t a problem. Hezbollah exploited the presence of UNIFIL to dig into southern Lebanon.

The Lebanese government also used the presence of UNIFIL to avoid its obligations. In essence, UNIFIL’s cover enabled Hezbollah to grow exponentially. Without the umbrella of excuses provided by the United Nations, Hezbollah might have had to be more reticent, and everyone couldn’t have turned to UNIFIL as an excuse to do nothing over the last decades.

What was accomplished by the presence of UNIFIL? It didn’t reduce Hezbollah’s presence.

The fact that in 2024 its deployment was still so robust and yet Hezbollah was attacking Israel every day is an example of how it didn’t do anything. If there had been no UN presence in Lebanon, would Hezbollah have been stronger? It is unlikely.

What does Beaufort have to do with this? Beaufort doesn’t appear to be in the UNIFIL zone, by virtue of the fact that it is situated to the north of the Litani River.

The villages on the other side were in the UN zone. For instance, Taybeh, Kfar Kela, and Deir Mimas. According to the 2024 deployment, the UN had a post north of Kfar Kela and another just west of the village.

They also had another post near Taybeh. These posts included a boundary that separated Spain’s units from Indonesia’s. The battalion boundary is south of Beaufort. Beaufort would have looked down on these UN areas.

Lebanon dragging its feet didn’t help, it ruined their lives

One might have thought that if the UN wasn’t responsible for the castle and the ridge it sits on, the Lebanese Armed Forces (LAF) might have had a post there.

I mean, if the Crusaders chose this area to overlook the surrounding region, then maybe the Lebanese Armed Forces would want to deploy there.

There is a tourist site there, so maybe it would be good to protect it? But no. The LAF didn’t bother to make sure Hezbollah didn’t control this area, either.

Herein lies the whole symbol of Lebanon in microcosm. A strategic and historic fortress. A well-known site. An area that had already been contested between Israel and terrorist groups since 1982.

And yet, neither UNIFIL nor the Lebanese government could prevent Hezbollah, with Iranian regime backing, from blasting tunnels into the area. Decades of work carried out by Hezbollah – with all sorts of weapons and machinery – and nothing was done. Since October 8, when Hezbollah began attacking Israel, it used this area to carry out numerous attacks.

Today, Lebanon is being asked to send its forces into several small pilot zones in southern Lebanon. It is being asked to do the most basic thing a state does: to control its own territory.

It isn’t like Hezbollah was running away from UNIFIL and the LAF in some complex cat-and-mouse. It was blasting tunnels into mountains under a major fortress that everyone knew about. This wasn’t in some hidden swamp somewhere that no one can find on a map.

The question now is whether Lebanon can finally step up and control its own territory. The Lebanese people have suffered from the failure of UNIFIL and Lebanon to do their jobs. Numerous villages have now been destroyed.

All the foot-dragging didn’t help the Lebanese; it ruined their lives. There is now an opportunity to avoid entering another cycle that began decades ago in the 1970s.

Will we have Beaufort redux again? Or will this be the end of it?

This post was originally published on here. 

Martha Lillard had just turned 5 when she was diagnosed with polio and depended on an iron lung to live. She died June 26 in Oklahoma, the last U.S. polio patient who used the machine, her sister said. She was 78.

“They told her she wasn’t supposed to live past 20 years old,” Lillard’s younger sister, Cindy McVey, told The Associated Press on Friday. “She had the enthusiasm and the drive to continue living and make the best of her life.”

Read the rest…

This post was originally published here. 

The model, which is set to sunset at the end of this year, generated $988 million in savings for Medicare in 2024, according to new CMS data. That’s up from almost $695 million in savings from the year prior.

This post was originally published here. 

The Real Deal just reported that Miami-Dade office rents have entered a new era. Top deals regularly clear $150 a square foot, jewel-box buildings push past $200 per square foot and one tower is finalizing a lease at $250. As one broker put it, tenants are committing to space before they can even walk the floor. They are signing leases at the highest rates in the market’s history for space they haven’t seen.

What are they buying?

Not square footage. They can’t even see it yet. They’re buying a promise about how it will feel to arrive, to host a client, to spend a day there. The most expensive real estate in Miami is being leased on the strength of an experience that hasn’t been delivered yet, only designed, rendered and described.

“Perception becomes reality,” the broker said. He’s right. But perception is fragile, and that’s the part nobody is talking about.

The premium is a promise. The promise has to be kept.

Here is the uncomfortable mechanic underneath these record rents. A building is designed once. The experience is delivered 10,000 times: every morning in the lobby, every interaction with staff, every moment of friction or grace as a person moves through the place. The rent is justified by the promise. The renewal is justified by whether the promise was kept.

And the gap between the two, between the experience that was sold and the one actually delivered day after day, is almost invisible to the people who own these buildings. They see occupancy, the rent roll, work orders, leasing velocity. None of those numbers tell them how the place is actually being experienced until it’s too late, until a tenant paying $230 a foot quietly decides the feeling no longer matches the price.

This isn’t an office story. It’s a real estate story.

Office is where the price signal is loudest right now, because office leases are large, public, and reported by brokers. But the same dynamic runs through every asset class with quieter signals. In multifamily, experience-led buildings command higher rents and see measurably lower turnover, the silent killer of multifamily returns.

In condos, resale value years later rides on the lived experience of the amenities and service.

In retail, the difference between a dying center and a thriving destination is experiential, not locational: two centers a mile apart, same demographics, wildly different outcomes. In mixed-use, the whole bet is that the place is worth more than the sum of its leasable parts.

And in hospitality, the one corner of real estate that has always known this, none of this is news. Hotels understood decades ago that the building is just the stage, that the experience is the asset, and that it has to be measured, managed and governed relentlessly or it decays.

That’s the real shift. Every other category of real estate is becoming more like hospitality, converging on a standard hotels figured out a generation ago: the place is a promise, and the promise is the product.

The owners who treat experience as something to be governed, not just built, will hold their premiums. The ones who treat it as a one-time design decision will watch perception erode, slowly and then suddenly, back toward commodity.

The missing discipline

We govern every other driver of real estate value. Capital with asset management, operations with property management, the physical building with engineering and maintenance, all of it with dashboards, standards and accountability.

For experience, now arguably the single biggest driver of premium, we have almost nothing. No continuous measurement. No defined standard of what the experience is supposed to be. No system that tells an owner, while there’s still time to act, that the gap between promise and delivery is widening. Most owners are flying blind on the exact thing their rents now depend on.

The discipline has three parts. Define the experience the place is meant to deliver, not a vague aspiration but a specific, measurable standard. Measure whether it’s being delivered, continuously, across every signal a place generates. Govern the gap, closing the distance between intent and reality before it shows up in a review, a renewal, or a softening rent.

And there’s a second return hiding inside the first. The same continuous signal that protects the premium also runs the place more efficiently. Most expensive problems in real estate, a vendor underperforming, a building system drifting, a tenant relationship souring, are cheap to fix early and ruinous to fix late. Governing experience means catching them as small signals, months before they surface as large costs. Proactive isn’t just better than reactive. It’s dramatically cheaper. And almost nobody does it: the buildings leasing at record rents have spent fortunes designing the promise and almost nothing ensuring it’s kept.

Why this matters beyond the rent roll

At these rates, experience is the asset, and it should be protected like any other. The owners who govern it will outperform the ones who don’t, on both sides of the ledger.

But there’s a simpler argument underneath. The places we move through every day are not neutral. They shape our focus, our relationships, our work. When a place is intentional, it elevates the people inside it. When it’s incidental, it quietly costs them.

That’s the real reason to govern experience. The financial return and the human return turn out to be the same return. The best-performing places and the best places to be are converging into the same thing.

We started SUMA to build that discipline: to help the people who own and steward places define the experience they’re trying to deliver, measure whether they’re delivering it, and govern the gap. Before long, it becomes simply how serious places are run.

The market just told us what experience is worth. The next question is who’s going to make sure it gets delivered.

Josh Sason is the founder of SUMA, a Miami-based firm building the discipline of experience governance for real estate.

This column does not necessarily reflect the opinion of HousingWire’s editorial department and its owners.

To contact the editor responsible for this piece: tracey@hwmedia.com

This post was originally published on here. 


Trenton — New Jersey families can now claim the state’s refundable Child Tax Credit through a free online tool that Governor Mikie Sherrill unveiled on Friday, a move her administration says will put money worth up to $1,250 per child into the hands of lower-income parents who often miss out because they aren’t required to file a tax return. The platform, called SimpleFile, is live at SimpleFile.NJ.gov, works on mobile phones, and is offered in English and Spanish.

The benefit itself is not new, but the reach is the point. An estimated 200,000 families have already claimed the credit, and state officials say many more qualify and have never applied. State Treasurer Aaron Binder said the goal is for every eligible family to receive the money, calling tax season overwhelming for households that need a simpler path. Families that do not normally file a return have historically been the hardest group to reach, since the credit is claimed on a state tax filing they may never submit.

Here is the eligibility status families need to know. To use the SimpleFile shortcut specifically, an applicant must have been a full-year New Jersey resident in 2025, must have earned less than $20,000 if filing jointly or under $10,000 if filing individually, must have at least one dependent age 5 or younger who lived with them for most of the year, and must not otherwise be required to file a full federal or state return. Households above those income lines still qualify for the credit itself, but claim it the standard way on their New Jersey return rather than through the new tool.

The credit is tiered by income and available to families earning $80,000 or less. Under the fiscal 2027 budget, the maximum rises from $1,000 to $1,250. Households earning $30,000 or less receive the full $1,250. Families earning more than $30,000 but not more than $40,000 receive $1,000; those between $40,000 and $50,000 receive $750; those between $50,000 and $60,000 receive $500; and those earning more than $60,000 up to $80,000 receive $250. Each figure is a step up from the prior year’s amount, part of a 25% expansion the Legislature approved for the 2026 through 2028 tax years.

For the consumer economy, the timing matters. Sherrill framed the credit as one of the most direct affordability levers the state controls, money parents spend immediately on childcare, groceries, clothing, and other essentials rather than saving. That makes the program function less like a long-term tax break and more like a direct injection into local retail and service spending across the state’s 21 counties. Senate Majority Leader M. Teresa Ruiz, a sponsor of the 2018 law that created the credit and of the recent expansion, has argued the relief strengthens the financial stability of working families and helps them keep pace with rising living costs.

The tool was built through a partnership among the New Jersey Innovation Authority, the Treasury Department’s Division of Taxation, and the nonprofit Code for America, which has developed similar simplified-filing systems in other states. By stripping the process down to the few questions that determine eligibility, the state is betting it can convert awareness into actual claims, the gap that has left tens of thousands of qualifying families without money already set aside for them in the budget.

Families who have not yet filed for the current year remain eligible to claim the credit, and those who qualify for the streamlined path can complete an application at SimpleFile.NJ.gov. Households that want to confirm which tier they fall into, or that need the standard filing route, can find details on the New Jersey Division of Taxation’s Child Tax Credit page at nj.gov/treasury/taxation.

The broader question for the state is uptake. A credit only delivers economic relief when families actually collect it, and New Jersey has now removed one of the largest remaining obstacles: a filing requirement that quietly screened out the very households the benefit was designed to help. Whether the new site closes that gap will show up not just in claim totals but in the everyday spending of parents who, until this week, may not have known the money was theirs to take.

JBizNews Desk | Trenton, New Jersey © JBizNews.com All Rights Reserved. Reproduction or distribution without written permission is prohibited.

Five ranking Senate Democrats on Friday, July 10, renewed their push for congressional hearings into President Donald Trump’s cryptocurrency businesses, pointing to a newly released federal financial disclosure that shows the president and his family took in more than $1 billion tied to digital assets in 2025 — much of it from ventures with foreign and unnamed investors.

The demand came in a joint statement from Elizabeth Warren of Massachusetts, ranking member of the Senate Banking Committee; Richard Blumenthal of Connecticut, ranking member of the Permanent Subcommittee on Investigations; Gary Peters of Michigan, ranking member of the Homeland Security and Governmental Affairs Committee; Dick Durbin of Illinois, ranking member of the Judiciary Committee; and Ron Wyden of Oregon, ranking member of the Finance Committee. All five wrote to the Republican chairs who control whether any hearing actually happens.

The trigger was paperwork. Trump’s 927-page annual financial disclosure, released by the administration on June 30, showed the president reported at least $2.24 billion in total revenue for 2025. Of that, more than $580 million came from crypto-related income, including roughly $515 million from World Liberty Financial token sales and about $65 million from selling equity in the venture’s holding company. Trump also reported $635 million in royalties from “Celebration Coins,” the disclosure line tied to his memecoin business. Add it together and the crypto-linked haul clears $1 billion, with some tallies putting it closer to $1.4 billion.

For the everyday reader, the money question is less about the size of the number and more about who is on the other side of these deals. The senators’ central worry is World Liberty Financial, the decentralized-finance and stablecoin project the Trump family launched in 2024. Public reporting has pegged a 49% stake in the venture to a group linked to the United Arab Emirates, purchased for roughly $500 million four days before Trump’s second inauguration, with about $218 million paid upfront to entities tied to the Trump family and to the family of Steve Witkoff, the U.S. special envoy to the Middle East. A separate chunk of the company — about 25%, according to the senators — is held by unspecified third parties the public cannot identify.

The lawmakers argue that foreign money flowing into a sitting president’s business, followed by favorable American policy, is a combination Congress cannot ignore. In their earlier June letter, the senators wrote that the arrangement “marked something unprecedented in American politics: a foreign government official taking a major ownership stake in an incoming U.S. president’s company.” They point to a run of decisions that followed the investment: administration approval of roughly $1.4 billion in arms sales to the UAE, authorization to sell 35,000 advanced AI chips to the Emirati firm G42 over national security objections, and moves to loosen crypto oversight, including disbanding the Justice Department’s National Cryptocurrency Enforcement Team.

There is also a live legislative angle that gives the fight real stakes. Trump is pressing Congress to pass the Clarity Act, which would build a federal regulatory framework for digital assets and split oversight between two financial regulators. He already signed the GENIUS Act into law last July, though that measure covered only stablecoins — dollar-pegged tokens like World Liberty’s USD1. The senators say it is a problem that the president is urging lawmakers to write the rules for an industry he is personally earning from. Senate Democrats have signaled they can slow or withhold votes on the crypto bills Republicans want, giving the minority a rare piece of leverage heading into a narrow pre-recess window.

The White House rejected the criticism flatly. Spokeswoman Anna Kelly called the joint statement “the same, tired narrative that Democrats have pushed against President Trump, his family, and his administration for a decade,” and said plainly, “There are no conflicts of interest.” Kelly has separately argued that the administration’s expanded AI cooperation with the UAE was built to strengthen American technology leadership, with safeguards to prevent U.S.-origin technology from being diverted. Trump, in a White House interview last week, said there was “nothing illegal” or “wrong” with his ventures and noted that his son Eric Trump oversees his assets while outside firms manage the investments.

The practical hurdle for Democrats is arithmetic. Republicans control both chambers, so committee chairs alone decide whether hearings occur. A spokesperson for the Judiciary Committee pointed to a July 9 letter in which Chairman Chuck Grassley of Iowa said he has “consistently held the same approach to my oversight during administrations of both political parties” and faulted Democrats for not scrutinizing former President Joe Biden and his family more closely. Spokespeople for the other committee chairs did not immediately respond. Barring a change of heart from the majority, the Democrats’ demand functions less as a scheduled proceeding than as a paper trail — one they can wave every time Republicans ask for votes on the crypto bills the White House wants passed.

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

Yemeni forces struck the runway of the Houthi-controlled Sana’a International Airport to prevent an Iranian plane from landing, the anti-Houthi Yemeni Defense Ministry confirmed.

Earlier anti-Houthi media reports in Yemen indicated that Saudi Arabia’s Air Force was responsible for the strikes.

Riyadh is the main military backer of the anti-Houthi Presidential Leadership Council, and has conducted strikes on Houthi targets, including in Sana’a, on the PLC’s behalf throughout the civil war.

At the same time, the Yemeni Defense Ministry issued a statement warning that its “patience has run out,” saying that it would respond to any Iranian and Houthi violations of Yemen’s airspace.

“The Yemeni Armed Forces have stated that they belong to the Yemeni people in particular and to the Yemeni people in general,” a spokesperson for the Yemeni Defense Ministry stated.

“The Yemeni legitimate government, in cooperation with the regional and international community, and by all diplomatic and legal means, has tried to convince the Iranian regime and the Houthi coup militias in Sana’a to return to the armed forces and not to penetrate the Yemeni airspace with the Iranian planes.”

Sana’a residents also reported hearing several airstrikes near the airport as warplanes flew over the city.

Houthis take Red Cross aircraft hostage

Yemen’s Information Minister, Moamar Al-Eryani, reported that the Houthis have detained an International Committee of the Red Cross aircraft, holding its pilot and co-pilot at Sana’a airport, in a posted statement to his X/Twitter account Monday.

Al-Eryani called the hostage-taking ‘a dangerous escalation and blatant violation of international humanitarian law’ in his statement on Monday.

Yemen’s warning to Iran, the Houthis 

On Thursday, Al Jazeera reported that Yemen’s Information Minister had issued a warning to Iran and the Houthis against using direct flights between Tehran and Sana’a as a cover for transferring military personnel. 

The “response will be decisive,” Houthi spokesperson Yahya Saree said in a statement following the strikes, according to the Houthi-aligned Al-Masirah. 

“This aggression will not pass without a response and punishment,” Saree went on, according to Al Mayadeen, adding that the attack was “bringing an end to the de-escalation phase” in his group’s confrontation with Riyadh.

Yemen’s capital Sana’a is under the control of the Houthis, while the internationally recognized government, which has the backing of Saudi Arabia and other Gulf states, operates out of Aden in southern Yemen.

The Islamic Revolutionary Guard Corps (IRGC)-run Fars reported that the plane eventually landed at Yemen’s Hodeidah International Airport.

This is a developing story.

Reuters contributed to this report.

This post was originally published on here. 

The UK government has designated Iran’s Islamic Revolutionary Guard Corps (IRGC) after attacks on the Jewish community and Iranian dissidents, Sky News first reported on Monday.

Ministers fast-tracked the National (State Threats) Bill 2026, as promised by the prime minister. The existing legislation to proscribe terror groups did not extend to state-backed groups.

As well as the IRGC, the UK is designating two other organizations: The Islamic Movement of Companions of the Right (IMCR), an Iran-linked militant group also known as Hakarat Ashab al-Yamin al-Islamiya (HAYI), and the GRU Volunteer Corps (GRU VC), a network of Russian volunteer and proxy formations overseen by Russia’s military intelligence agency (GRU).

IMCR claimed responsibility for seven attacks against Jewish communities, journalists and Israeli-linked targets in the UK and Europe between March and May 2026, including the antisemitic arson attack on four Hatzola ambulances in Golders Green.

It will now be a criminal offense to invite support for, or express an opinion or belief that is supportive of, the IRGC IMCR and GRUVC; assist them in carrying out UK-related activities or engage in conduct likely to materially assist it; or accept or retain a material benefit provided by or on behalf of them.

Fight must continue against IRGC network

Some offenses carry a maximum sentence of life imprisonment.

The Home Secretary concluded there is sufficient evidence to reasonably believe all three organizations are engaged in foreign power threat activity and that designating them is necessary to protect the UK’s safety and national interests. 

“That is not a decision to celebrate without asking why it took this long, but it is the right one, and I welcome it,” Roger Macmillan, a former director for the Iranian diaspora site Iran International, told The Jerusalem Post. 

“Proscribing the IRGC is the floor, not the ceiling. The real fight now is against the network around it: the front charities, the so-called Islamic centers and education centers that launder its ideology into British communities, the online broadcasters and the social media influencers who do Tehran’s work for it. None of that stops because one organization has been added to a schedule.”

Macmillan said proscription of the IRGC must now be matched with the political will and resources to support the Police and the Security Services to actively go after networks and bring people to justice, “not just designate an organization on paper.”

“Today is the right first step, many years too late. The hard work starts now.”

This post was originally published on here. 

Good morning, everyone, and welcome to another working week. And of course, it is nice to see you again after we stepped away for a brief hiatus (and thanks to our pinch hitters last week). Not surprisingly, we are scurrying to catch up on events and way too many emails, but also making time for a cup of stimulation. Our choice today is maple bourbon. So please join us as we dig in. To that end, we have accumulated a brief menu of tidbits for you to peruse as you brace yourself for what lies ahead. We hope that all goes well and that you conquer the world. Meanwhile, do keep in touch. …

U.S. Health and Human Services Secretary Robert F. Kennedy Jr. is pressing forward with his effort to help Americans stop taking psychiatric drugs, a medical practice known as deprescribing, STAT reports. Earlier this month, dozens of mental health professionals met with federal health officials to map out forthcoming clinical guidance they hope will help providers instruct patients on how to come off of antidepressant medications. A senior HHS official said they discussed gaps in the research around deprescribing SSRIs, including the side effects a person may experience, which vary depending on the drug and how long the person was on it.

The U.S. Food and Drug Administration ​approved a wearable form of Sanofi’s blood cancer drug, Sarclisa, offering multiple ‌myeloma patients a less burdensome alternative to intravenous infusions, Reuters writes. This becomes the first cancer drug approved by the FDA that can be delivered through an on-body injector, attached ​to the skin. Subcutaneous dosing can significantly reduce time spent in infusion centers for patients who receive repeated treatment courses, while also easing the strain on oncology clinics and nurses. The ​infusions can take up to three hours, while the median injection ​time for the wearable device is 13 minutes

Continue to STAT+ to read the full story…

This post was originally published here. 

Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox.

Lots happening in London these days, my colleague Andrew Joseph reports: At a pancreatic cancer meeting, researchers were buzzing about the implications of daraxonrasib, and at a major Alzheimer’s meeting, tau therapies are taking center stage.

Back here in the U.S., HHS has begun to craft national guidance on safely tapering SSRIs, and the FDA just cleared Sanofi’s wearable injector for a myeloma drug.

Continue to STAT+ to read the full story…

This post was originally published here. 

The IDF coordinated with the US military on several possible scenarios amidst escalations between the US and Iran, including one in which the US intensifies its response and Israel joins the strikes, a senior security official said on Sunday.

According to the official, tensions between two camps at the top of the Iranian leadership are delaying negotiations and making it difficult to reach a decision on a framework with the US.

The “pragmatic” camp includes Iranian President Masoud Pezeshkian and Iranian Foreign Minister Abbas Araghchi, a senior diplomat. Both are described by intelligence officials as “rational” and as figures who “want an agreement and understand their difficult situation.”

On the other side is a “fanatical and religious” camp that has only hardened its positions, led by Iran’s Supreme Leader Mojtaba Khamenei and Islamic Revolutionary Guard Corps Commander Ahmad Vahidi.

The senior security official described them as “chess players with patience” who assess that US President Donald Trump does not want to return to fighting, certainly not before the midterm elections in November. Israel’s defense establishment analyzes the situation similarly.

The IDF is taking no risks as US and Iran trade strikes

At the same time, the senior security official clarified that, against the backdrop of extreme statements by senior regime officials against Trump, including threats of blood revenge, it’s possible Trump may change his approach toward the Iranian regime.

The IDF is therefore taking no risks and remains on high alert, prepared defensively for a range of possible responses, in coordination with the US military.

According to assessments within the defense establishment, the Iranian regime is increasing friction with the US military in an effort to “buy time” without making a decision on the nuclear program or the Strait of Hormuz, which Iran views as a strategic tool and an economic and military lever.

This post was originally published on here. 

On a leafy residential block that straddles the border of Greenpoint and East Williamsburg, this compact brick home at 110 Beadel Street has townhouse flexibility. Currently configured as a two-unit dwelling with a full basement, the property could be converted to a single-family home or offer market-rate rental income on one or both units. Asking $1.25 million, the home competes with any one-bedroom condo in this sought-after neighborhood, with many more options.

While not huge at 20 feet by 55 feet, the two-story property has an attractive brick facade and pre-war details within, ducted central air, and access to a backyard. A finished basement would make the lower unit into a duplex (though it provides plenty of storage as-is).

The top floor offers a living room, dining room, two bedrooms, and one bath. The first floor is currently set up as a one-bedroom. one-bath home with a living room, dining room, and office.

The first floor will be delivered vacant. There is a market-rate tenant on the second floor until May 2027.

[Listing details: 110 Beadel Street at CityRealty]

[At The Corcoran Group by Janely Amarante]

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Construction officially began Thursday on 2 World Trade Center, the final commercial tower planned for the rebuilt World Trade Center campus in Lower Manhattan. The building will become the new global headquarters of American Express, marking a major milestone nearly 25 years after the September 11 terrorist attacks destroyed the original towers.

A groundbreaking ceremony at 200 Greenwich Street marked the start of vertical construction on a project that had remained stalled for more than a decade. The 55-story tower, developed by Silverstein Properties on land owned by the Port Authority of New York and New Jersey, will rise 1,226 feet, encompass approximately 2 million square feet of office space and accommodate up to 10,000 employees. The project is expected to be completed in 2031.

American Express will own the building while leasing the land from the Port Authority and will occupy the tower as its sole tenant. The company will remain at its current headquarters at 200 Vesey Street until construction is complete. The headquarters project is being financed entirely with private capital, without public funding.

New York City Mayor Zohran Mamdani, speaking during the ceremony, described the World Trade Center site as hallowed ground and called the groundbreaking another important chapter in Lower Manhattan’s long recovery. He was joined by City Council Speaker Julie Menin, Comptroller Mark Levine, and other civic and business leaders. The tower, designed by internationally recognized architectural firm Foster + Partners, completes the original master plan for the 16-acre World Trade Center campus.

Beyond its symbolism, the project carries major economic significance. City officials estimate construction will generate approximately $11.4 billion in economic activity while producing about $250 million in tax revenue. More than 3,200 union construction jobs are expected to be created during the building phase, providing a substantial boost to New York’s construction industry over the next several years.

The project also represents an important vote of confidence in Manhattan’s office market. As many companies continue adapting to hybrid work arrangements, American Express is making a long-term commitment to Lower Manhattan by investing in a purpose-built global headquarters that will eventually house thousands of employees in one location.

Reaching this point took years of revisions. Earlier proposals envisioned a significantly taller tower, while several prospective anchor tenants, including News Corp., explored the project before ultimately walking away. The pandemic further delayed development as demand for office space weakened dramatically. American Express’s decision to become both the owner and sole occupant ultimately provided the certainty needed to move construction forward.

For Lower Manhattan, the benefits extend well beyond one corporate headquarters. Thousands of daily employees will eventually support local restaurants, retailers, transportation providers and small businesses throughout the neighborhood. Completing the final commercial tower also closes one of New York City’s longest-running redevelopment efforts, signaling that one of America’s most important financial districts continues attracting major corporate investment despite changing workplace trends.

With construction now underway, the final piece of the rebuilt World Trade Center campus is finally moving from decades of planning into reality, completing a project that stands as both an economic investment and a lasting symbol of New York City’s resilience.

JBizNews Desk | New York

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A growing number of Americans are leaving the workforce, and economists remain divided over the reasons behind the trend. According to Bureau of Labor Statistics data released for June, the labor force participation rate—the percentage of working-age Americans who are either employed or actively looking for work—fell to 61.5%, its lowest level since March 2021 and, excluding the pandemic period, the weakest reading since 1976.

The labor force shrank by approximately 720,000 people during the month, while the number of Americans classified as not in the labor force increased by 832,000. Although the official unemployment rate declined to 4.2%, economists noted that much of the improvement reflected people leaving the workforce rather than finding new employment. At the same time, while the establishment survey showed employers added 57,000 jobs during June, the separate household survey indicated that the number of Americans actually employed declined by more than 500,000.

The demographics behind the decline are equally significant. Labor force participation among Americans 55 and older dropped to 37.1%, the lowest level in more than two decades. Participation also slipped among prime-age workers between 25 and 54, a group traditionally considered the core of the American workforce.

Economists have offered several explanations. Laura Ullrich of the Indeed Hiring Lab, formerly with the Federal Reserve Bank of Richmond, argues that demographic changes are playing a growing role as baby boomers retire and slower immigration reduces the supply of available workers. Research she co-authored projects the U.S. labor force could shrink by approximately 5.9 million workers between 2025 and 2032. Strong stock market gains have also allowed many older Americans to retire earlier than previously expected.

Others believe a weakening labor market is discouraging workers from continuing their job searches. Michele Evermore of the National Employment Law Project said finding employment has become increasingly difficult for many job seekers, prompting some workers to step away temporarily while pursuing additional education or retraining as artificial intelligence changes employer hiring needs. Jasmine Tucker of the National Women’s Law Center pointed to another growing factor: return-to-office policies combined with high childcare and caregiving costs, which she says have disproportionately pushed women out of the workforce.

For businesses, the distinction is critical because each explanation carries different economic implications. If fewer people are working because employers are slowing hiring, it could signal weakening demand and a cooling economy. If workers are instead retiring, caregiving or otherwise unavailable, employers may continue facing labor shortages that keep wages elevated, complicate hiring and limit long-term economic growth.

The trend also presents another challenge for the Federal Reserve. A shrinking labor force can contribute to wage inflation by reducing the supply of available workers, even as slower hiring points toward broader economic moderation. Policymakers must weigh both dynamics as they determine future interest-rate policy.

The most likely explanation may be a combination of several factors occurring simultaneously. Demographic shifts, changing workplace expectations, caregiving responsibilities and the evolving impact of artificial intelligence are all reshaping the labor market. Regardless of the cause, the available workforce continues to shrink, creating challenges that employers, policymakers and the broader economy will likely face for years to come.

JBizNews Desk | Washington

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US President Donald Trump said on Monday that the United States will probably take over the Strait of Hormuz and should be reimbursed for controlling the vital waterway.

“We’re going to keep the strait, and we’ll probably run it. We’ll become the guardian of the strait. Maybe we’ll call it the guardian angel of the strait. And we should be reimbursed for that,” he said in a phone interview on Fox News’s “Fox & Friends” program. “We’re taking over the strait. They’ve got nothing.”

Trump added that the US should have taken care of the Iranian threat “47 years ago,” noting that the two countries agreed to “everything” during a recent 11-hour meeting in Washington, with Iran then demanding changes to the agreement.

President Trump noted that Iran is getting its “a** kicked,” emphasizing the effect of US kinetic action on Iranian military hardware and personnel, as well as its leaders.

This is a developing story.

This post was originally published on here. 

Some homes preserve history. Others become museums. At Berggasse 6 in Vienna, the past remains unusually present.

The building was constructed in the mid-1850s. Today, it brings together unlikely layers of religious and political history: It belongs to the Catholic Schottenstift Abbey, its ground floor houses a Palestinian-owned pizzeria, and from 1896 to 1898 it was home to Theodor Herzl, a founder of modern Zionism. Decades later, several Jews connected to the building were deported and murdered during the Holocaust, giving the address another, darker place in Jewish history.

Today, little about the building indicates its importance in Jewish history, except for a plaque honoring Herzl, which was unveiled by Israeli President Isaac Herzog a month before the October 7 massacre. The sign has since been defaced with red markings.

The room where Zionism took shape

“The road from Palestine to Paris is beginning to pass through my room,” Herzl wrote in his diary on January 6, 1897. While Herzl lived there for only two years, from 1896 to 1898, his apartment in Vienna’s 9th District played a pivotal role in the creation of a Jewish state.

“In a very real sense, his home was also the central office of the Zionist movement,” Dr. Daniel Polisar, executive vice president and co-founder of Shalem College in Jerusalem, told The Media Line. “But you could also say that from his home, he built the Jewish state. A large number of the most important meetings took place there. A lot of the most important work took place there. A lot of his writing took place there.”

The defaced plaque commemorating Herzl up the street from his apartment. The plaque was unveiled a month before the Oct. 7 attacks. (credit: TARA KAVALER)

Polisar, who served as the founding chairman of the National Council for the Commemoration of the Legacy of Theodor Herzl, described the period in which Herzl lived in the apartment building as “the peak of his activity.” From his home, Herzl founded the newspaper Die Welt and organized the First Zionist Congress in Basel in 1897, among other major initiatives. Later, he organized activities for the newly formed World Zionist Organization (WZO) from his home and held WZO’s executive meetings there.

Herzl also used his home as a diplomatic meeting place. In a Dec. 13, 1896, diary entry, he included a letter offering to receive Prussian Minister of War Julius von Verdy du Vernois at his home to make the case for a Jewish state. He also used the residence to seek support among Jewish figures. In diary entries from 1897, Herzl referred to meetings or expected meetings with Dr. Joseph Samuel Bloch, an Austrian parliamentarian and rabbi; Rabbi Sigmund Gelbhaus, a Galicia-born rabbi and Jewish scholar then active in Vienna; Sigmund Mayer, a Pressburg-born Viennese Jewish merchant, communal leader, and writer active in Jewish civic defense; and J. K. Poznanski of Łódź, a wealthy Russian Polish Jewish industrialist.

The Jews who never reached safety

Years after Herzl lived at Berggasse 6, the case for Jewish sovereignty became tragically clearer. At least three Jews were deported from the same apartment building and murdered during the Holocaust. Hugo and Irene Roden were deported on July 14, 1942, to Terezín, the ghetto and concentration camp in what is now Czechia. Of the 1,009 people on their transport, 950 were killed, including Hugo. Irene was among a group of 59 who survived Terezín, but she was later deported to Auschwitz, where she was murdered. The death dates of Hugo and Irene Roden are not known.

Camilla Tandler was deported three days after the Rodens. She died at Auschwitz, and her date of death is also unknown.

Heinrich and Adele Kurtz, residents of Herzl’s building in 1919, sought permission in 1939 to immigrate to Mandatory Palestine. At the time, Jewish immigration there was controlled by the British authorities. The Kurtzes never reached safety. Heinrich Kurtz was transported to Treblinka in September 1942 from Terezín, where he was killed. Adele Kurtz died on Feb. 23, 1942, four months before her husband was deported from a different address in Vienna. Her cause of death is unknown.

The building today

Today, the closest most visitors can get to Herzl’s former apartment is Pizzeria Valentino, a restaurant on the ground floor of the same building.

The address carries a striking irony: Herzl’s work above the restaurant, nearly 130 years ago, helped shape the life of its current owner, Hakim Hadid, a Palestinian.

In the same building where Zionism moved from idea to organized political movement, Hadid keeps a framed photograph with Yasser Arafat, the longtime leader of the Palestine Liberation Organization and later president of the Palestinian Authority. Hadid said he had known Arafat since he was 12 years old, through an uncle who was close to the former leader.

Framed photo of Arafat in Hadid’s office. (credit: TARA KAVALER)

When asked how he felt about the building’s history, Hadid told The Media Line: “Not good.”

Born in Nablus, 67-year-old Hadid moved to Libya as an infant. He studied for his master’s degree at the Technical University of Vienna but dropped out after two years and has now been working at the pizzeria for 43 years, 18 of those as the sole proprietor.

Hadid says that many people, including Israelis, come to ask him about the building’s history. He said he just wants to be left alone because he sometimes “gets the sense that they want me out,” and the Israelis “have already taken my house [in the West Bank].” He said he did not understand why people made such a big deal about the building, since he had been there for about four decades longer than Herzl.

Back in Hadid’s office, taped near the printer, is a large picture of Prime Minister Benjamin Netanyahu cut from a newspaper article with the headline: “Haftbefehl gegen Netanjahu.” The English translation: “Arrest Warrant for Netanyahu.”

“Haftbefehl gegen Netanjahu.” The English translation: “Arrest Warrant for Netanyahu.” (credit: TARA KAVALER)

Despite Hadid’s family history, he thinks there can be peace in the region, with a Palestinian state beside a Jewish one. While he believes that Israel is an “illegal” state, he said one has to accept the reality that it is not going anywhere.

He framed coexistence not as affection, but as necessity.

“We cannot kill all the Israelis,” Hadid said.

Interview translation provided by Prabhu Guptara and Clemens Öllinger.

This post was originally published on here. 

ZAKA, Israel’s volunteer emergency response organization which conducts search, rescue, and recovery operations, deployed an international response team to Venezuela following a direct request by Venezuelan authorities for aid from Israel, Israel’s Tazpit Press Service (TPS) reported last Tuesday.

The international response team was deployed to Venezuela on June 29, ZAKA posted on Facebook on Wednesday.

The team conducted search-and-rescue missions inside collapsed structures alongside the Venezuelan government and local authorities, TV7 announced last Tuesday. Meanwhile, ZAKA engineers evaluated whether damaged buildings appeared safe for residents to return to.

Volunteers from ZAKA also distributed tents, medicine, and non-perishable food to the people of Venezuela, and has brought down specialist physicians to assist hospitals swamped with patients. 

The organization is also helping assess land for a new residential neighborhood for families left homeless by the twin 7.2- and 7.5-magnitude earthquakes, in which as many as 16,740 people were injured.

ZAKA worked alongside an Israeli response and aid delegation, including personnel from the Foreign Ministry, the IDF Home Front Command, and the National Emergency Management Authority, JNS reported on Wednesday.

Working with the personnel on-site in Venezuela was a team of 20 specialists based in Israel. The remote team has been helping prepare a long-term rebuilding plan for Venezuela. The plan has already been presented to Venezuela’s infrastructure minister, and Venezuela’s acting president, Delcy Rodríguez, is expected to receive it in the days to come.

Alongside aid, ZAKA brings Venezuelans ‘light and hope’

Along the way, the team had not forgotten the importance of boosting people’s morale. Yosef Garmon, director of ZAKA in Latin America, told TPS that a Venezuelan man had asked ZAKA rescuers to recite psalms over his mother’s body.

“One local told us, ‘Other delegations may have brought more equipment or larger teams, but you brought the most light and hope,’” Garmon said to TPS. “To me, that is the essence of humanitarian work. We are not there only to rebuild buildings – we are there to help rebuild people’s spirit.”

This post was originally published on here. 

Meta Platforms closed Friday with its biggest one-day gain since April 2025, rising about 6% after the company detailed plans for a new AI cloud unit and its own data-center chip, and Wall Street began treating the social-media giant as a serious contender in cloud computing. The rally, driven by Meta’s disclosure of a business it calls Meta Compute and an in-house chip project code-named Iris, capped a week in which the stock climbed nearly 15%, its best five-day run since early 2024 and the top performance among the Magnificent Seven. It helped push the major indexes to weekly gains heading into Monday’s open.

The broad market ended Friday higher across the board. The S&P 500 rose 0.42% to 7,575.39, the Nasdaq Composite added 0.29% to 26,281.61, and the Dow Jones Industrial Average gained 149.60 points, or 0.29%, to 52,637.01. Both the S&P 500 and Nasdaq notched weekly wins after a choppy stretch dominated by renewed U.S.-Iran tensions and questions about how much investors should pay for anything tied to artificial intelligence. The Dow slipped about 0.5% on the week. Traders spent much of Friday watching ceasefire talks in the Middle East and the Wall Street debut of a major foreign chipmaker, but the session’s clearest signal was the market’s willingness to reward AI spending when a company can show a path to earning it back.

Market movers

Meta was the headline act. The company’s plan to sell excess computing power and hosted AI models through Meta Compute pushes it directly against Amazon Web Services, Microsoft Azure, and Google Cloud, turning what had been a feared cost center into a possible new revenue line. Iris, the company’s own AI chip, is slated to begin production in September, part of a build-out toward roughly 14 gigawatts of computing capacity next year. The move drew a wave of bullish analyst notes. Wolfe Research kept an Outperform rating and an $800 price target, estimating that every gigawatt of compute Meta monetizes at a $25 billion run-rate could lift earnings per share by about 20%, while cautioning that 2026 capital spending could approach $200 billion, well above the roughly $160 billion Wall Street had penciled in. Erste Group upgraded the stock to Buy from Hold, citing superior growth and margins. Bank of America maintained its Buy rating and pointed to an internal Meta memo, reviewed by Reuters, suggesting the company may be building AI capacity at a far lower cost per gigawatt than analysts expected. Citizens trimmed its target to $800 from $825 but stayed constructive.

The day’s other big story was SK Hynix, which made its Nasdaq debut Friday in the largest-ever U.S. listing by a foreign company, raising $26.5 billion. The South Korean memory-chip maker, a key supplier to Nvidia, opened at $170 a share, roughly 14% above its offer price, and finished up about 13%. Nvidia itself gained around 4%, helping lead the S&P 500 higher, though the new listing pressured domestic memory names like Micron Technology as investors weighed fresh competition for their dollars. Elsewhere, Circle Internet Group rose 8.2% after winning federal approval to operate as a trust bank, WD-40 climbed 11% on strong quarterly results, and EquipmentShare surged 17% after raising its full-year outlook. On the downside, Delta Air Lines fell 2.8% as rising fuel costs overshadowed an earnings beat, Ionis Pharmaceuticals dropped 7.6% after a late-stage heart-drug trial with partner AstraZeneca failed, and Brookdale Senior Living slid 7.4% on weak June occupancy.

Commodities and volatility

Oil prices eased Friday as traders parsed conflicting signals out of the Middle East, with President Donald Trump at one point declaring the U.S. ceasefire with Iran over before noting that talks would continue. Tankers have continued moving through the Strait of Hormuz despite renewed hostilities, keeping a lid on crude. Gold fell 0.47% to $4,112.62 an ounce, and the yield on the 10-year Treasury ticked up to 4.56%. Market volatility stayed relatively subdued through the week even as headlines whipsawed, a sign that investors are treating the geopolitical risk as a slow-burning backdrop rather than an immediate threat to earnings.

The week ahead

Monday opens the heart of second-quarter earnings season, with big banks leading off and investors hunting for evidence that consumer spending and corporate profits are holding up against sticky inflation and higher-for-longer rates. Meta itself reports on July 29, a date that now carries added weight given Friday’s re-rating. Traders will also keep watching the Middle East, where any breakdown in the U.S.-Iran ceasefire could send oil higher and rattle the AI-led rally that carried markets into the weekend. For now, Meta’s surge has handed Wall Street a fresh reason to believe the AI trade still has room to run.

JBizNews Desk | New York © JBizNews.com All Rights Reserved. Reproduction or distribution without written permission is prohibited.

Former Iranian president Mahmoud Ahmadinejad is under house arrest by the Islamic Revolutionary Guard Corps’ intelligence arm after Iranian authorities uncovered a significant portion of his contacts with Israel, The New York Times reported on Monday, citing four senior Iranian officials.

For years, Israel conducted a covert operation aimed at recruiting Ahmadinejad as an intelligence asset and, at a later stage, even planned to install him as Iran’s leader following the overthrow of the regime, according to an extensive New York Times investigation.

According to the report, one of the operation’s more unusual stages took place in early 2024, when a senior Hungarian government official asked Gergely Deli, rector of the Ludovika University of Public Service in Budapest, to invite Ahmadinejad to a conference on climate change.

Deli said he was told that the conference would in fact serve as cover for secret talks between Ahmadinejad and Israeli intelligence officials. Despite concerns about potential damage to his own reputation and that of the university, he agreed to invite Ahmadinejad because he believed that if “you have two enemies, and if these enemies want to talk with each other, then it’s best to do what you can to make them talk.”

Former American officials said that former Shin Bet (Israel Security Agency) head David Barnea personally traveled to Budapest in order to meet with Ahmadinejad.

Israel made payments to Ahmadinejad

In the years that followed, Israel made several secret payments to Ali Akbar Javanfekr, a spokesman for Ahmadinejad, and Israeli agents met with him several more times before the beginning of Operation Roaring Lion.

In February, the New York Times reported, Ahmadinejad’s home compound was hit by an Israeli airstrike targeting his bodyguards and armored car, after which he was picked up by Mossad operatives and taken to a secret safe house. He eventually left the safe house for unclear reasons, and was not seen again until making an appearance at former supreme leader Ali Khamenei’s funeral.

According to senior Iranian officials, he has been taken into custody by the Islamic Revolutionary Guard Corps’ intelligence wing, and placed under house arrest.

Mossad officials and Ahmadinejad’s spokesman Javanfekr declined to comment to the New York Times.

Ahmadinejad motivated by power, not money

According to Abdolreza Davari, a former advisor and associate of Ahmadinejad, the former president would not have worked with Israel for money.

“He has money; he has a wide economic network. He would do it for power. He wants to be at the helm of power,” Davari told the New York Times in a phone interview.

Another associate said that Ahmadinejad had spoken about his ambitions to become Iran’s new ruler with the help of foreign powers, and had been concerned that a war would cause the US and Israel to choose a destabilizing figure instead.

After being disqualified three times in Iran’s presidential race, the associate added, Ahmadinejad had become distrustful of the Iranian system.

He had also expressed frustration and resentment with members of the Iranian regime, such as Khamenei. His associate told the New York Times that he had stated in the past that, if he returned to power, he would normalize relations with Israel through the Abraham Accords.

This post was originally published on here. 

Explosions were heard around Bandar Abbas and Qeshm Island in the Strait of Hormuz, Iran’s semi-official Mehr news agency reported on Monday afternoon, citing local news sources and residents.

The explosions may be the result of “clashes” taking place in the strait, Mehr alleged.

Later in the afternoon, Mehr claimed that the US had attacked the city of Abadan in southwestern Iran, reportedly killing two and injuring three.

The reported explosions came hours after US Central Command (CENTCOM) announced that American forces had completed a wave of strikes against Iran in the early morning hours of Monday.

CENTCOM hits dozens of Iranian targets

In a statement on X/Twitter, CENTCOM stated that the strikes were intended to degrade Iran’s “ability to attack civilian mariners and commercial ships freely transiting the Strait of Hormuz.”

CENTCOM also stated that they had hit dozens of targets across multiple cities, including Iranian military air defense systems, radar sites, small boats, and missile and drone capabilities.

In response, Iran had launched attacks against US military infrastructure across the region, triggering sirens in Bahrain, Jordan, and Kuwait. 

Goldie Katz contributed to this report.

This post was originally published on here. 

Hours before the Likud Constitution Committee was set to convene, Likud Supreme Court member Attorney Yitzhak Bam issued an unusual ruling criticizing the party’s handling of its primary rules process, ordering the movement’s legal adviser to respond by 3 p.m. Monday and leaving open the possibility of an emergency hearing later that evening. 

The ruling came in response to three petitions filed with the court over the previous 24 hours. 

One petition, submitted by Yehuda Sharper and others through Attorney Harel Arnon, seeks to delay the vote on the primary election rules.

A second, filed by MK David Bitan through Attorney Yifat Yefet-Meirovitz, concerns the draft rules he submitted, requests a postponement of the vote, and challenges the eligibility of New Hope members to participate in the ballot.

A third petition, submitted by Tzvial Rubin through Attorney Aviad Reichman, calls for the 2022 primary rules to be included among the alternatives to be considered before the convention.

The petitioners argue that the Constitution Committee failed to comply with the court’s July 3 ruling and the extension it was later granted. Although the convention is scheduled to meet on Tuesday, the draft primary rules have not yet been published, and convention delegates have not received the proposals they are expected to vote on.

In his ruling, Bam wrote that “despite the court’s decision… the Constitution Committee has still not completed its work,” adding that the draft rules should have been ready by Sunday to allow delegates sufficient time to review them.

“We have reached July 13, and there is no draft rules proposal, and the Constitution Committee meeting is scheduled for midday,” he wrote. “It is difficult to accept this reality. The convention is the body that approves the rules, and not a blank stamp.”

The ruling suggests that convention delegates must be given sufficient time to examine competing proposals before voting, raising questions over whether presenting a final version at the last minute would undermine the convention’s role.

Demand to keep 2022 primary rules

At the center of the petitions is the demand that the 2022 primary rules remain in force if the Constitution Committee does not complete its work on time. Alternatively, the petitioners seek to allow the convention to consider proposals that were not examined by the Constitution Committee.

Bam also asked the movement’s legal adviser to address whether the convention could vote separately on disputed issues rather than choosing between complete rules packages.

Under such a framework, delegates could separately decide issues including the number of reserved slots allocated to party chairman Prime Minister Benjamin Netanyahu, whether incumbent Knesset members may compete in district races, and other provisions governing the structure of the primaries.

The court also requested clarification on whether such a procedure would be permitted under the Likud constitution.

The ruling also addresses Bitan’s proposal, asking the legal adviser to examine whether it could be brought directly before the convention if the Constitution Committee declines to discuss it.

Such a move could allow Bitan to present his proposal without the backing of Constitution Committee Chairman Haim Katz or its inclusion in the committee’s final draft.

Bitan’s proposal calls for primaries among all party members, nine electoral districts, and five reserved slots for Netanyahu in the second, sixth, 16th, 39th and 48th positions on the party list. It also includes a mechanism guaranteeing female representation in each of the first five deciles, along with additional representation provisions.

Bitan’s petition also seeks to postpone the vote and challenges the eligibility of former New Hope members to participate in the convention, an issue that could affect the composition of the electorate and the outcome of the vote.

Reserved slots for the party chairman

Bam additionally revisited the issue of reserved slots for the party chairman, writing that while previous disputes focused on the number of reserved positions, the practice itself may raise constitutional concerns.

According to Bam, the number of reserved slots has grown with each primary cycle, potentially conflicting with the Likud constitution, which serves as the party’s governing document under the Parties Law.

He noted that he had previously been in the minority on the issue but added, “I fear the line has been crossed,” signaling that the court may eventually have to address whether expanding the chairman’s quota requires a formal constitutional amendment.

At this stage, the court has not halted the Constitution Committee’s work or issued an injunction. Instead, it ordered the movement’s legal adviser to submit a response addressing all the petitions by 3 p.m. Monday and instructed the parties to prepare for an emergency Zoom hearing later that evening.

The legal dispute comes as Likud leaders remain deadlocked over the party’s primary rules despite days of negotiations involving Netanyahu, Katz, Bitan and other senior party figures.

Several competing proposals remain under discussion, including a primary model with additional reserved slots for Netanyahu, a proposal incorporating a selection committee, the so-called “triple method,” and Bitan’s plan.

The court’s ruling could ultimately affect not only the timetable for approving the rules, but also which proposals reach the convention and how delegates vote on them.

This post was originally published on here. 

America has lost one of the greatest pro-Israel political leaders in its history.

Senator Lindsey Graham was more than a statesman. He was a man of unwavering conviction, uncompromising moral clarity, and extraordinary courage. At a time when too many politicians measured every decision by polling data, Lindsey Graham measured his decisions by principle. He understood that there is a difference between what is popular and what is right, and he never apologized for standing on the side of freedom.

Without question, he was one of the greatest friends the Jewish people have ever had in the United States Senate. He also understood something that too few leaders grasped: the Persian people are not the enemy. The tyranny of the Islamic Republic is the enemy. Lindsey Graham believed the Iranian people deserved liberty, and he believed America had a moral obligation to stand with Israel against the forces of terror.

Few individuals possessed both the confidence and the ear of US President Donald Trump. Lindsey Graham was one of those rare people. He could speak candidly to the president because their relationship was built on trust, loyalty, and mutual respect.

In many ways, he was a Daniel to President Trump’s Cyrus, a trusted counselor who understood both the gravity of history and the importance of decisive leadership.

That relationship was evident even in their final days together. Trump was preparing to fly to Israel, yet before making that journey, he chose to spend additional time golfing with Lindsey Graham. That simple decision spoke volumes. It revealed a friendship that extended far beyond politics. It reflected a bond that few people ever shared with the president.

I believe Lindsey Graham’s death will impact Trump more deeply than the passing of anyone else during his presidency. Political allies come and go. Advisors change. But trusted friends who have stood beside you through battles, victories, criticism, and history are almost impossible to replace. Lindsey Graham was one of those men.

I had the privilege of calling Lindsey Graham my friend. He attended the US Embassy Gala that I hosted, and over the years I came to respect him not only for his political leadership but for his character. He was gracious, thoughtful, courageous, and utterly committed to the principles he believed would make America stronger and the world safer.

His legacy will not be measured only by legislation passed or speeches delivered. It will be measured by the lives he influenced.

Today America mourns the loss of a great senator. Israel mourns the loss of one of its strongest defenders. Countless friends mourn the loss of a loyal companion whose word could be trusted and whose convictions never wavered.

Some voices become quieter with time. Lindsey Graham’s will not. His challenge to confront evil, defend freedom, and finish the work that remains will continue to echo long after his passing.

May God comfort his family, strengthen his friends, and grant President Trump wisdom as he carries forward the burden that his trusted friend believed must never be abandoned.

The writer has written 120 books and is a #1 New York Times bestselling author and Nobel Peace Prize nominee. He is the founder of the Friends of Zion Museum in Jerusalem, the Ten Boom Museum in Holland, and Churches United with Israel, one of the largest Christian Zionist networks in America.

This post was originally published on here. 

The University of Oxford has launched the first human trial of a vaccine against Bundibugyo ebolavirus, seeking to accelerate efforts to combat an outbreak spreading in the Democratic Republic of Congo and Uganda.

The early-stage trial, known as BD-Ebov, will evaluate the safety and immune response of the ChAdOx1 BDBV vaccine in 50 healthy adults aged 18 to 55 in Oxford, the university said on Monday.

Recruitment has begun, with vaccinations expected to start in the coming weeks pending regulatory approval.

The vaccine was developed by scientists at Oxford’s Vaccine Group and Pandemic Sciences Institute using the same viral vector platform as the Oxford/AstraZeneca COVID-19 shot.

Serum Institute of India, which is partnering on the program, said it manufactured and stockpiled about 620,000 doses of the vaccine candidate within two weeks and supplied 4,000 investigational doses for the early-stage study.

WHO recommends prioritizing vaccine

In May, the World Health Organization recommended prioritizing the ChAdOx1 BDBV vaccine, alongside a single-dose candidate known as rVSV Bundibugyo, being developed by the International AIDS Vaccine Initiative, for clinical evaluation as part of the response to the ongoing outbreak.

The Coalition for Epidemic Preparedness Innovations said it would initially invest up to $8.6 million for the development of the shot.

Preparations are also under way for additional clinical studies in Uganda, subject to regulatory approval, through partnerships including the Medical Research Council/Uganda Virus Research Institute and the London School of Hygiene and Tropical Medicine Uganda Research Unit.

If the early-stage trial is successful, CEPI said it would work with Oxford and Serum Institute to support late-stage studies needed to seek emergency-use authorization or full regulatory approval.

The partners said they aim to ensure rapid and affordable vaccine supplies for affected countries.

German hospital treats US Ebola patient infected in Congo

A US citizen infected with the Ebola virus in the Democratic Republic of Congo was admitted to Frankfurt University Hospital early on Monday, officials said.

The patient arrived at the hospital’s special isolation unit at around 3 a.m. after contracting the Bundibugyo variant of the Ebola virus in Congo, the hospital said.Aid agencies intensify efforts to contain the Ebola outbreak caused by the Bundibugyo virus, in Bunia town, Ituri province, Democratic Republic of Congo, June 11, 2026.  (credit: REUTERS/Gradel Muyisa Mumbere)

The US CDC said on Friday that a US citizen working for a humanitarian organization in Congo had tested positive for the Bundibugyo Ebola virus.

“The patient’s condition is currently stable,” said Timo Wolf, head of the special isolation unit.

An official with the Christian aid group Samaritan’s Purse confirmed to Reuters that the patient, in his 60s, was a full-time employee serving as a warehouse manager in Congo.

“He received early treatment, and I am hopeful he’s going to have a good outcome,” he said, expressing gratitude to the US State Department for arranging for early treatment and evacuation.

The hospital said there was no risk to the public or other patients, as the individual is being treated in complete isolation in a unit separate from the rest of the facility.

The admission comes as the number of confirmed Ebola cases in Congo rose to 1,926, including 702 deaths, with the outbreak spreading to two new provinces, Haut-Uele and Tshopo, the country’s public health institute said on Monday.

In June, a US citizen treated in Berlin after contracting Ebola in Congo was discharged from Charité hospital.

This post was originally published on here. 

“It should be noted that in general, the MKs from the ultra-Orthodox parties avoid submitting proposals for basic laws – in other words, participating in constituent activity – and this is based on principles.

“MK Avraham Ravitz (Torah Judaism) explained the reason during the debate in second reading of Basic Law: Human Dignity and Liberty on March 17, 1992: ‘We, the religious Jews, already have a constitution, which is the Torah […] therefore, I object on principle to a [Knesset legislated] constitution…’

“MK Arye Deri (Shas) repeated this position in other words on February 19, 1996, within the framework of the debate on Basic Law: Legal Rights, Basic Law: Freedom of Expression and Association, and Basic Law: Social Rights (none of which were passed): ‘Even if you were to bring the Ten Commandments as a basic law by the Constitution [Law and Justice] Committee, I would vote against it. I do not know what your hidden intentions are. I do not know what you are conniving together with the Supreme Court Justices to do to us.’”

This paragraph appears on page 55 of my book on the job of Israel’s Knesset Members, published by Routledge in 2021. However, the names of all seven MKs currently serving from Torah Judaism appear on the bill of Basic Law: Torah Study presented to the 25th Knesset for first reading, as published in the Official Gazette on July 1, 2026. 

Though none of the Shas MKs are among the presenters of the bill, Shas is expected to vote for it should it come to the Knesset Plenum later this week for second and third readings.

First of all, the two quotes presented above are from the time of the Labor premierships of Yitzhak Rabin and Shimon Peres, when the Israeli legal system entered a period of judicial activism, and underwent what came to be known as a “constitutional revolution,” largely associated with the name of Supreme Court Justice Aharon Barak – two developments abhorred by the haredi (ultra-Orthodox) leadership.

At the time, Benjamin Netanyahu served as leader of the opposition on behalf of the Likud. He was first elected as prime minister on May 29, 1996. Since then, he has served intermittently as prime minister for 17 years, in the course of which he developed close relations with the haredi parties, who served in five of his six governments, and on whom he relies increasingly to remain in power. 

Secondly, the reality within which the haredi parties operate has changed drastically, especially regarding the integration of the haredi population into Israeli society in general, and the conscription of haredim to military service in particular.

Since the outbreak of the war against Hamas on October 8, 2023, and the additional battles in the Middle East that followed, the IDF is experiencing severe manpower shortages, currently estimated at 12,000-15,000 annually.

Besides prolonging the mandatory service of those already enlisted, and of reservists, who are already overstretched, the only way to fill the ranks is by means of those who currently shirk military service altogether, who are predominantly from the haredi population.

As a result, arrests of haredim who are considered shirkers of service (based on the existing law) have grown in number. The haredim have proposed various pieces of legislation to deal with this issue – so far unsuccessfully. Basic Law: Torah Study is part of this effort, though it differs from the rest in that it is proposed as a basic law to curtail the Supreme Court’s ability to negate it.

The original bill read:

“1. Study of the Torah is a basic value in the legacy of the Jewish People.

“2. The State of Israel, as a Jewish state, considers the encouragement of the study of the Torah and the students of the Torah to be of supreme importance, and with regards to the rights and duties of those who take upon themselves to devote themselves to the study of the Torah for a prolonged period, to be equivalent to [the rights and duties] of those who serve the State of Israel and the Jewish People significantly.”

‘Those who serve the State of Israel and the Jewish People significantly’ refers to those who serve in the defense forces.

What further distinguished this law from most of the other legislation proposed by the haredi parties is that it constitutes part of the current quid-pro-quo offered by Netanyahu to the haredi parties, in return for their support for the passing of laws to set up a political committee to investigate the events that led to October 7; to split the attorney general’s position into two separate jobs; and to weaken the free press (especially that which criticizes the current government). 

Netanyahu also wishes the haredi parties to promise to remain in his political bloc after the approaching general elections.

Opposition to the bill

Finally, the bill for the new basic law, which was approved by the Knesset House Committee for second and third reading last Thursday, included Article 1 from the original bill, while Article 2 now reads: “the goal of this Basic Law is recognition of Torah Study as a basic value in the State of Israel, to create a balance of justice vis-à-vis all the other basic values in the state.” In other words, the law will be purely declarative.

The main argument against the original wording of Article 2 was that since it offered haredi Torah students equal rights to those of serving military personnel, it would end up costing the state vast sums of money. In addition, it raised major opposition from various groups in the population, who feel it would discriminate against them.

An example of this was the outburst in last Thursday’s House Committee meeting by a group of IDF veterans with PTSD, against the haredi MKs present, who argued that with all due respect for the Torah, while haredim who shirk military service are being offered massive financial benefits, their own needs, as disabled veterans, are being neglected.

Strong opposition was also expressed by women’s organizations, which argued that the law applies only to men, since it is designed for students of haredi yeshivas, which by definition exclude women.

In fact, what this law means by “Torah study” includes only haredi students at haredi yeshivas who are engaged almost exclusively with religious issues, and most of whom have very little, if any, general education. It does not include the students of national religious yeshivas. It does not include bible studies within the Conservative and Reform movements. 

It does not include academic studies of the Torah. It does not include anyone who views Torah studies as a chapter in the study of Jewish history, and cannot ignore the fact that not everything written in the Torah tallies with known historical facts and archeological findings.

Of course, “Torah study” does not include the question of who wrote the Torah – Moses at the behest of God (as the haredim and others believe), or numerous anonymous authors who labored over the task over decades, and perhaps even centuries. 

This approach started to gain attention in the 17th century and concentrated on differences of style, duplications, and contradictions appearing in the Torah.

It is reasonable to assume that the basic law as currently worded will be approved before the 25th Knesset goes out to its election recess. What will come of it after the upcoming October elections? That will depend on its results.

The writer has written journalistic and academic articles, as well as several books, on international relations, Zionism, Israeli politics, and parliamentarism. From 1994 to 2010, she worked at the Knesset Library and the Knesset Research and Information Center.

This post was originally published on here. 

Two days before his death, US Sen. Lindsey Graham was in Kyiv discussing Russian sanctions, Ukraine’s air-defense needs, and the future of American support. It was his 10th visit to Ukraine since Russia launched its full-scale invasion in 2022, and the South Carolina Republican appeared to be following the same routine that had defined much of his career: travel to an allied country, meet its leaders, return to Washington and push their case inside Congress and the White House. 

Graham died Saturday aged 71 following what his office described as a “brief and sudden illness.” His office did not immediately disclose an official cause of death.  

His death removed from the Senate one of its most visible champions of US military power and close alliances, including strong support for Israel and Ukraine and pressure on Iran. In Jerusalem, Israeli leaders treated his death not simply as the loss of a supportive legislator, but as the end of a political relationship that they had come to rely on. 

US President Donald Trump called Graham “one of the greatest people and senators I have ever known,” describing him as a tireless worker and “a true American patriot.” Senate Majority Leader John Thune emphasized Graham’s military service and his belief that American strength could be used to support democratic allies abroad. South Carolina Gov. Henry McMaster remembered him as a relentless fighter for both his state and the country, saying, “We shall not see his likes again.” 

Graham spent years developing ties with Israeli political and security officials

The most personal statements came from Israel, where Graham had spent years developing ties with political and security officials. “Lindsey understood that the security of Israel and America are inseparable,” Prime Minister Benjamin Netanyahu said. “Israel has lost one of its greatest friends. America has lost a great patriot. I have lost a beloved friend.”  

President Isaac Herzog described Graham as “a beacon of moral clarity” and a central figure in the US-Israel partnership, while Defense Minister Israel Katz recalled how the senator repeatedly returned to Israel after the Hamas attack of October 7, 2023. 

The tributes crossed Israel’s normal political divisions. Foreign Minister Gideon Sa’ar said Graham had been “the best senator and the best friend.” Opposition Leader Yair Lapid recalled Graham less as a Washington power broker than as a man with humor, warmth and a genuine affection for Israel. 

Former Prime Minister Naftali Bennett said Graham had stood with Israel during the country’s hardest months. Former Defense Minister Benny Gantz pointed to a different part of his record: his work on security and on efforts to bring Israel closer to Arab states. 

Graham’s bond with Netanyahu was well known, but it did not define all his ties in Israel. He kept in touch with politicians who opposed the prime minister and returned to the country often enough to build relationships of his own. Several of those officials had dealt with him directly for years, which helps explain why the tributes came from both within and outside the government. 

Marc Zell, chairman of Republicans Overseas Israel and a vice president of Republicans Overseas, told The Media Line that he had interacted with Graham for almost 30 years, beginning when Graham was still serving in the House of Representatives. Their paths crossed at Republican National Committee meetings, party conventions, and during Graham’s visits to Israel. Zell described him as “one of the most courageous, outspoken, and articulate proponents of the American-Israel strategic alliance” in American politics at the time. 

Zell also credited Graham with influencing Trump’s approach to Israel after the two men developed a close political relationship following the 2016 election. “I think his passing, really a sudden passing, is going to be a major loss, not only for Israel, but for the American people, the Jewish people and the world at large,” he said. Zell said the alliance itself should endure, pointing to Trump and other supporters of Israel in Congress, but he questioned whether Graham’s successor could match his effectiveness as a public advocate.  

Elie Pieprz, director of international relations at the Israel Defense and Security Forum, said Graham’s value extended beyond speeches and public expressions of solidarity. What set him apart, Pieprz said, was his willingness to remain focused on a problem long after other politicians would have claimed success and moved on. “Relentless is probably the word that I would say,” he told The Media Line.

Pieprz pointed to the Taylor Force Act as perhaps the clearest example. The legislation, named for an American military veteran killed in a 2016 Palestinian stabbing attack in Tel Aviv, restricted certain forms of US assistance benefiting the Palestinian Authority (PA) unless it ended the so-called “pay-to-slay” payments to imprisoned terrorists and the families of terrorists killed in the attempt. Graham was one of the leading congressional figures behind the measure and continued pressing the issue after it became law. 

According to Pieprz, Graham was not satisfied with formal Palestinian assurances that the payment system had been changed. He continued examining how the money was distributed and whether the PA was finding ways around the restrictions. Most politicians, Pieprz said, prefer to identify a problem, announce that it has been resolved and take credit. Graham was prepared to return to the same issue when implementation failed or when officials attempted to disguise what had changed. 

That persistence, Pieprz argued, also characterized his approach to Iran, Ukraine and other foreign-policy questions. He did not adjust the facts to fit an announcement of success and was willing to criticize leaders from his own party when he believed a policy left an ally exposed. 

Graham’s access made that independence more consequential. Pieprz said very few senators could openly disagree with the White House on a major national-security issue and still expect their arguments to be heard. Graham had that ability with Trump, while also maintaining a relationship with Netanyahu built over many years. “Very few senators had the ability to have their voice penetrate the White House, particularly voices that on occasion could be critical,” Pieprz said. 

That combination became especially visible in Graham’s approach to Iran. He supported Trump but did not hesitate to challenge diplomatic arrangements he considered insufficient. He consistently advocated strong pressure on Tehran, defended military action against Iranian-backed organizations and warned against agreements that he believed could leave Iran capable of threatening Israel. Zell cited Graham’s criticism of the recent memorandum of understanding with Iran as an example of a lawmaker whose loyalty to the president did not require silence on security policy. 

Sen. Graham’s positions generated a sharply different response in Iran. Iranian state television announced his death in openly hostile terms, describing him as an anti-Iranian warmonger. The reaction reflected years of anger over his support for sanctions, military pressure and opposition movements seeking to end clerical rule. Reza Pahlavi, the exiled Iranian opposition figure, offered the opposite assessment, calling Graham a steadfast friend of the Iranian people and noting that some Iranian opposition supporters had affectionately referred to him as “Uncle Lindsey.” 

Pieprz recalled one episode that illustrated how Graham operated in person. During a bipartisan Senate visit to Israel before the COVID-19 pandemic, members of the delegation traveled to the Gaza border and later gathered at Jerusalem’s King David Hotel. Pieprz recalled that the group had endured a long day and was speaking cautiously about the issues it had encountered. Graham eventually stated his position directly, without the diplomatic language others were using. 

‘He just understood the dynamics so well’

The other senators did not necessarily share Graham’s politics, Pieprz said, but they accepted that his interpretation of the situation was correct. “He just understood the dynamics so well,” he said. By the end of the discussion, there was a sense among the delegation that Graham “had it right.” For Pieprz, the episode showed both his command of the subject and the respect he could command from colleagues who did not normally follow his political lead. 

According to Pieprz, Graham’s eventual place in the US-Israel relationship was not obvious at the beginning of his congressional career. He had not arrived in Washington with the profile of a foreign-policy specialist expected to make Israel a defining cause. The commitment developed over time, Pieprz said, as Graham traveled more often, learned the country and became increasingly involved in its security debates. “The more he got into the issue, the more he embraced it,” he said. “Eventually, it became a part of him.” 

Graham developed that understanding through repeated visits. Pieprz said the senator knew Israel in a way that was difficult to gain from briefings in Washington or occasional congressional travel. “He understood the country, understood so many things about it,” he said. “And that’s very hard to replicate.” His familiarity with Israeli leaders, security concerns and regional politics allowed him to speak with an authority that came from years of direct contact rather than from a single committee assignment. 

His final visit abroad showed that the same approach extended to Ukraine. Ukrainian President Volodymyr Zelensky said their meeting focused on additional pressure on Russia, diplomatic efforts, urgent air-defense requirements and arrangements discussed with Trump concerning Patriot systems. After Graham’s death, the Ukrainian president called him “a true defender of freedom and the values that make our world safer.” Estonian Foreign Minister Margus Tsahkna and Lithuanian Foreign Minister Kęstutis Budrys also remembered Graham as a supporter of Ukraine and NATO’s eastern members. 

Graham’s path to the Senate was shaped as much by family responsibility as by politics. He grew up in Central, South Carolina, and was the first in his family to finish college. After both of his parents died while he was still young, he helped take care of his younger sister. He later worked as a US Air Force lawyer and remained in military service through the Air National Guard and Air Force Reserve, retiring as a colonel after more than 30 years. South Carolina voters sent him to the US House of Representatives in 1995 and elected him to the Senate eight years later. 

His alliance with Trump developed later. Graham had been one of Trump’s harshest Republican critics during the 2016 primary campaign, but the relationship changed after the election. He became a regular White House ally and one of the senators able to speak directly with the US president. That access did not always produce agreement, and Graham occasionally challenged the administration in public, particularly over foreign policy. Sen. Graham retained enough independence to object publicly, but enough access to continue making his case directly. 

Pieprz said that part of Graham’s influence may survive through the national security advisers who worked in his Senate office. Over the years, he watched staff members enter Graham’s orbit and emerge with a deeper command of foreign policy and a similar view of American and Israeli security as closely connected. Some may now carry pieces of that approach into other positions in Washington, he said, even if no single lawmaker can reproduce Graham’s role. 

“To think that someone could replace that is, frankly, not likely,” Pieprz said. Instead of one figure able to move between Jerusalem, Congress and the White House, he predicted that the work would now be divided among several people. “It’ll take a little bit more effort on Israel’s side.” 

This post was originally published on here. 

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Good morning. In case you missed it, my pal Bob Herman got the Joe Kernan treatment on CNBC’s “Squawk Box” on Friday, where he discussed his excellent new series “Out of Pocket, Out of Reach.” Kernan got in a lot of digs at Democrats and Obamacare, but Bob kept his comments apolitical. A true professional! 

Read the rest…

This post was originally published here. 

On Friday, Apple filed suit against OpenAI in the U.S. District Court for the Northern District of California, accusing the ChatGPT maker of stealing confidential information to build its first consumer hardware device. In a statement, an Apple spokesperson said significant evidence had emerged that individuals employed by OpenAI wrongfully took the company’s secret information about unreleased technologies, processes, and products. The complaint names OpenAI, hardware startup io Products, and two former Apple employees now working at the AI firm.

The two named defendants are Tang Tan, now OpenAI’s chief hardware officer, and Chang Liu, a former electrical engineer. Tan spent 24 years at Apple, most recently as vice president of product design for the iPhone and Apple Watch, before leaving in early 2024 to work with designer Jony Ive. Liu worked at Apple for eight years as a senior systems electrical engineer and left for OpenAI in January 2026. Apple says the theft was not the work of a few rogue employees but a coordinated pattern of misconduct reaching senior leadership.

Apple’s filing lays out specific allegations against both men. It claims Liu kept a work-issued laptop after leaving, then exploited a software bug to reach Apple’s cloud file storage. According to the complaint, Liu downloaded a compilation of technical files running more than a thousand pages, including detailed manufacturing documents for the circuit boards used in Apple hardware. Apple also alleges Liu coached a colleague he was recruiting on which confidential materials to study before her own OpenAI interview.

The accusations against Tan center on hiring. Apple says he used internal project code names to draw information out of job candidates still employed at Apple, and directed them to bring actual parts to interviews for what the filing calls “show and tell” sessions. The complaint says Tan retained an internal Apple managers’ document marked “Need to Know” that describes departure security procedures, then shared it with new hires so they could evade Apple’s exit checks. Apple claims Tan advised recruits not to tell Apple they had accepted OpenAI jobs, so they could stay in place and keep gathering information.

Apple goes further, alleging the misconduct extended to suppliers. The filing says OpenAI approached Apple’s trusted manufacturing partners using confidential Apple information, and had one partner carry out a proprietary metal-finishing technique after misleading it into believing Apple had granted permission. Apple describes the conduct in the complaint as the tip of the iceberg, arguing that OpenAI’s young hardware business rests on shaky ground because of its reliance on stolen material.

The lawsuit marks a sharp break between two companies that were partners just two years ago. In 2024, Apple and OpenAI announced a deal to integrate ChatGPT into the iPhone, with OpenAI chief executive Sam Altman appearing at Apple’s headquarters for the reveal. Altman is referenced in the filing but is not a defendant, and Apple does not accuse him or Ive of wrongdoing. Notably, Apple states that the ChatGPT integration agreement is not at issue in the case, though the rupture raises obvious questions about whether that commercial relationship can survive.

Relations cooled after OpenAI moved into hardware. Last year the company acquired io Products, the venture co-founded by Ive, Tan, and other former Apple leaders, in a deal valued at roughly $6.5 billion. OpenAI has never said publicly what device it is building, describing it only as a new way to interact with AI beyond traditional products and screens. Reports have pointed to a smart speaker and a screen-free assistant aware of a user’s surroundings. Apple’s filing notes that more than 400 former Apple employees now work at OpenAI, a figure that underscores how aggressively the AI firm has recruited from Cupertino.

For both companies, the stakes are commercial as much as legal. Apple is preparing a revamped Siri for release later this year, built on Google’s Gemini models rather than OpenAI technology, and is fighting to stay central as customers shift toward AI assistants. OpenAI, meanwhile, faces the suit while exploring a public offering and fending off competition from Anthropic and Google. The complaint arrives two months after OpenAI won a jury trial brought by Elon Musk, and adds to a growing legal load for a company under pressure to ship its first physical product.

Apple is asking the court to bar OpenAI from using or disclosing its trade secrets, to order the return of confidential materials, and to award damages to be set at trial. It is also suing Tan and Liu for breach of their employment agreements. OpenAI had not responded publicly as of Friday.

JBizNews Desk | New York © JBizNews.com All Rights Reserved. Reproduction or distribution without written permission is prohibited.

AUSTIN, Texas — Tesla’s second-quarter delivery report released on July 2, together with Thursday’s market close and the public filings surrounding SpaceX’s June 12 Nasdaq debut, show investors have largely maintained confidence in the electric-vehicle maker despite the arrival of Elon Musk’s newest publicly traded company. Tesla shares closed Thursday at $406.55, up 3.2% on the session and trading near the level they held before SpaceX made its record-setting public debut.

The performance has answered one of Wall Street’s biggest questions heading into the summer. With SpaceX becoming a publicly traded company, investors debated whether the new stock would siphon capital away from Tesla, long viewed as the primary publicly traded vehicle for investors seeking exposure to Elon Musk’s businesses. One month later, the market has shown little evidence of a meaningful rotation.

SpaceX, formally Space Exploration Technologies Corp., completed its initial public offering on June 12, pricing shares at $135 before beginning trading on the Nasdaq. The company raised approximately $75 billion, making it the largest initial public offering on record. Shares opened strongly, briefly pushing Musk’s net worth above the trillion-dollar mark before retreating from their early highs. By Thursday’s close, SpaceX shares finished at $152.16, reflecting a more measured valuation after the initial excitement surrounding the offering.

Ahead of the IPO, many market participants expected a different outcome. Because Tesla has long served as the primary publicly traded investment tied to Musk’s broader vision, analysts questioned whether retail investors would shift capital toward the rocket maker once it became available on public markets. Several firms cautioned that a second publicly traded Musk company could divide investor interest that had historically flowed almost exclusively into Tesla.

Instead, Tesla has remained remarkably resilient.

The company’s operating performance has also helped reinforce investor confidence. On July 2, Tesla reported delivering 480,126 vehicles during the second quarter while producing 451,758 vehicles, marking its strongest second quarter on record and its first year-over-year quarterly delivery growth since 2023. The results significantly exceeded Wall Street expectations and represented one of the company’s strongest operational performances in recent years.

Yet despite the strong delivery report, Tesla shares fell sharply on the day of the announcement. The decline reflected broader market dynamics rather than disappointment with the delivery numbers themselves. Investors who had accumulated shares ahead of the report took profits following the release, while continued competition in the global electric-vehicle market and Tesla’s premium valuation kept pressure on the stock despite the operational beat.

That disconnect continues to define Tesla’s investment story.

The company’s valuation is driven by far more than automobile sales alone. Investors increasingly view Tesla as a technology company whose long-term value depends on autonomous driving, artificial intelligence, robotics and future mobility platforms. Those expectations remain largely unchanged following SpaceX’s public debut, helping explain why both companies have attracted investor interest without materially weakening demand for either stock.

Analysts remain divided on how the relationship between the two companies could evolve. Some believe the growing public visibility of both businesses could eventually create strategic opportunities between them, while others argue each company is better positioned to pursue its own long-term objectives independently. Regardless of those differing views, the market has thus far demonstrated confidence that both companies can coexist as separate investments without one significantly undermining the other.

Investors are also monitoring several additional developments surrounding Tesla, including regulatory discussions involving autonomous vehicle operations, continued expansion of its artificial intelligence initiatives and increasing competition from global electric-vehicle manufacturers. While those issues remain important, they have not displaced the company’s ability to generate strong investor interest following the SpaceX listing.

The next major catalyst arrives on July 22, when Tesla is scheduled to report second-quarter financial results. While delivery figures provide insight into vehicle demand, the earnings report will reveal whether record deliveries translated into stronger profitability, healthier margins and updated guidance for the remainder of the year.

For now, one conclusion is becoming increasingly clear. The historic public debut of SpaceX has not diminished investor appetite for Tesla. Instead, Wall Street appears willing to view both companies as separate investments tied to different parts of Elon Musk’s long-term business strategy, allowing Tesla to maintain its footing even as one of the largest IPOs in history captured global attention.

JBizNews Desk | New York

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Dozens of suspects were arrested on Monday morning for trafficking in illegal weapons and drugs, following a long-term undercover operation, the success of which hinged on “The Nomad,” the first Bedouin undercover agent handled by Israel’s Lahav 433 crime-fighting unit. 

During his time undercover, the Nomad was party to dozens of arms deals and drug deals, purchasing four illegal M-16 rifles, dozens of handguns, and about 500 grams of cocaine. Working undercover, he gathered intelligence and evidence on illicit transactions that had previously been very difficult for law enforcement to trace. 

Lahav 433 commander, Deputy Commissioner Meni Binyamin, explained that “deploying an undercover agent deep within criminal networks enabled us to gather significant evidence, expose an extensive criminal infrastructure, and deliver a substantial blow to illegal firearms and drug traffickers operating across the country.” 

Israel Police conduct a raid during a widespread operation against drug and weapon trafficking, July 13, 2026. (Credit: Police Spokesperson’s Unit)

Dozens arrested across Israel as Operation Nomad transitions into the overt phase

The covert phase of Operation “Nomad” culminated in hundreds of Israeli military and law enforcement officials raiding dozens of targets across Israel on Monday morning, including in Rahat, Tel Sheva, Bir Hadaj, Arad, Dimona, Eilat, and east Jerusalem. Dozens were arrested, including 20 central figures in Israeli organized crime.

Israel Police Commissioner Daniel Levy said that Operation Nomad “once again demonstrates that there is no place where criminals can consider themselves beyond the reach of the Israel Police.”

“The undercover operation, together with the professional work of Lahav 433 investigators, operational units, and our partner agencies, led to the exposure of dozens of suspects and the disruption of illegal firearms and drug transactions that could have cost lives,” Levy added.

‘Pursuing crime and not allowing it to rear its head’

“This is what proactive, aggressive, and determined police looks like,” National Securty Minister Itamar Ben-Gvir announced about the operation.

“Hundreds of police officers and fighters simultaneously raiding dozens of targets and reaching arms and drug dealers – this is exactly the policy we are leading,” he said.

“Moving from defense to offense, pursuing crime and not allowing it to rear its head. I commend the Police Commissioner, the commander of Lahav, the Lahav 433 police, the Border Police fighters, and the special units for their professional and determined activity. We will continue to give the police the tools and backing to strike crime with all our might.”

Jerusalem Post Staff contributed to this report.

This post was originally published on here. 

Melissa came to South Africa 10 years ago and took whatever work she could find, sending money home to her parents in Zimbabwe. This month, she started packing.

“I am planning to go back home, because I’m no longer safe in this country,” she told The Media Line. Many of those leaving are here legally, she added. “Some of us have papers, but now we are forced to go.”

Melissa is among tens of thousands of foreign nationals who have left South Africa as anti-immigrant protests, sporadic violence, and fears of further unrest have spread. What began as a domestic confrontation over immigration has become a diplomatic challenge for a country whose post-apartheid foreign policy has placed Pan-African solidarity at its center.

Ghana, Mozambique, Malawi, Zimbabwe, and Nigeria have helped citizens return home while raising concerns about their safety. By early July, Malawi said it had brought home more than 38,000 nationals, while Zimbabwean authorities reported that more than 60,000 citizens had returned during the unrest and intensified immigration enforcement.

Anti-immigrant groups set June 30 as a deadline for undocumented foreigners to leave following weeks of attacks and confrontations. Mozambique said violence in Mossel Bay killed five of its citizens in late May. Ghana and Nigeria separately raised concerns over deaths of their nationals, while thousands of migrants lined up at consulates, temporary camps, and repatriation centers.

‘We just want people to be in the country legally’

March and March, the most visible group within a coalition of more than 20 anti-immigrant organizations, mobilized demonstrations across South Africa on June 30. Its leader, Jacinta Ngobese-Zuma, has repeatedly rejected the description of the movement as xenophobic.

“We don’t care if it’s white people, Chinese or anyone else,” Ngobese-Zuma said at a June 24 media briefing in Midrand. “We just want people to be in the country legally.”

President Cyril Ramaphosa met protest organizers before June 30 and urged them to pursue their demands lawfully. In a June 29 weekly letter published by the Presidency, Ramaphosa acknowledged that South Africa’s immigration system required “substantial reform” and said the government was strengthening border management and enforcement against undocumented immigration. He also warned that private groups could not assume the powers of the state.

Police and soldiers deployed nationwide on June 30.

Deputy National Police Commissioner Tebello Mosikili told a July 1 press conference that police recorded 120 marches. Of those, 108 remained peaceful, while 12 required police intervention.

In Johannesburg’s Alexandra township, police said one person died in a shooting late on June 30 as residents looted foreign-owned spaza shops. A shooting in Hillbrow, in inner-city Johannesburg, wounded two people. Police arrested more than 900 people on charges ranging from public violence and robbery to immigration violations and harboring undocumented migrants.

People march as anti-immigrant protesters go door-to-door in search of undocumented foreign nationals, after an unofficial June 30 deadline set by anti-immigrant groups for undocumented migrants to leave the country had passed, in Alexandra township, South Africa, July 9, 2026. (credit:  REUTERS/Oupa Nkosi/File Photo)

On July 3, Ramaphosa informed Parliament that 3,405 members of the South African National Defense Force had been deployed from June 28 to support police.

The unrest has also raised questions about how South Africa’s domestic tensions fit with its longstanding Pan-African foreign policy.

Chrispin Phiri, spokesperson for the Department of International Relations and Cooperation (DIRCO), told The Media Line that the government does not view the unrest as evidence that the country has abandoned those commitments.

“Our commitment to the continent remains foundational to our foreign policy identity,” Phiri said. “We do not see our historical role as a champion of Pan-African solidarity as diminished by localized tensions, but rather as being tested.”

DIRCO views the unrest, he said, “not as an ideological failure of Pan-Africanism, but as an urgent domestic governance issue that requires a human-rights-centric response.”

Evidence of broader changes in South African politics

Since the end of apartheid, Pretoria has sought influence through the African Union (AU) and the Southern African Development Community (SADC), while presenting human rights and international law as pillars of its foreign policy.

Loren Landau, a migration scholar at the University of Oxford and the University of the Witwatersrand, told The Media Line that he viewed the marches less as a referendum on immigration than as evidence of broader changes in South African politics.

“My greatest takeaway from the marches and the lead-up to them is that they are less about immigration and more about the nature of South African politics,” Landau said, “and the degree to which it has become captured by people willing to use the language of hate, threats of violence, and actual violence to shape the country’s political future.”

“Politicians who lack genuine or practical solutions to economic inequality, poverty and unemployment are using immigration to advance their political careers,” he argued.

Phiri said the government is seeking to resist populist appeals while protecting the country’s regional standing.

“As Minister Lamola has recently articulated, we reject populist or xenophobic narratives that seek to turn Africans against each other,” he said. “Our standing relies on our ability to openly confront these internal social challenges while remaining steadfast in the AU and SADC agendas.”

Ronald Lamola, the minister of international relations and cooperation, expressed that position in a May 8 statement after Ghana requested a debate at an African Union summit on what Accra described as xenophobic attacks against African nationals in South Africa.

Supporters of the South African anti-immigrant group 'March and March' hold a demonstration, after an unofficial June 30 deadline set by anti-immigrant groups for undocumented migrants to leave the country had passed, in Umzimkhulu, South Africa, July 13, 2026. (credit: REUTERS/Rogan Ward)

XenoWatch, a project at the University of the Witwatersrand, has recorded 1,321 xenophobic incidents since 1994, including 698 deaths and the displacement of nearly 129,000 people.

John J. Stremlau, an honorary professor of international relations at the University of the Witwatersrand, told The Media Line that political pressure for stronger immigration enforcement could not simply be dismissed.

“We live in a world of nation-states,” he said. “South Africa has experienced an inflow of people who are desperate for work. South Africa remains one of the most unequal societies in the world, so political pressure to restrict illegal immigration is understandable.”

“Personally, I wish South Africa could afford to receive more refugees, but it can’t,” he added.

For Stremlau, economic and political pressures do not excuse attacks on migrants.

“The violence itself is not understandable,” he said, tracing part of the political climate to Zulu nationalism and figures including former President Jacob Zuma and his MK party.

Concerns over the deaths of two Nigerian citizens

The diplomatic friction has been sharpened by competing accounts of deaths involving foreign nationals.

Nigeria raised concerns over the deaths of two citizens in separate incidents involving South African security personnel in April. In early May, Nigerian Foreign Affairs Minister Bianca Odumegwu-Ojukwu called the deaths “utterly condemnable and unacceptable” and demanded justice.

South African police said on July 7 that one of the men, Nnaemeka Matthew Andrew Ekpeyong, collapsed after officers arrested him during a drug-related operation at his Pretoria apartment. Police said the death was unrelated to anti-migrant violence. The Independent Police Investigative Directorate is investigating, and South Africa has asked Nigeria to submit evidence concerning allegations against its security forces through diplomatic channels.

Ghana has also disputed South Africa’s account of a death involving one of its citizens. Ghanaian authorities said Bashiru Isak, 40, was killed in Cape Town during the period of the June 30 protests and called for an independent investigation.

South African police said they had no record of a Khayelitsha murder matching Ghana’s description and requested further details. Police said the Ghanaian killing they were investigating involved Kwabena Boagen, 35, who was shot June 29 in Nyanga, outside Cape Town. They described the case as suspected extortion-related violence rather than a xenophobic attack.

Justice Minister Mmamoloko Kubayi has said police records showed no deaths during the June 30 demonstrations.

Phiri confirmed that DIRCO had received formal communications from several African governments over the safety of their citizens.

“Receiving these concerns is standard diplomatic practice during periods of social friction,” Phiri said. “We welcome this direct engagement, as it allows us to counter disinformation with verifiable facts about our domestic stabilization efforts.”

On July 7, Accra postponed high-level bilateral meetings with South Africa that had been scheduled for August.

Ghana’s minister of state for government communications, Felix Kwakye Ofosu, told Reuters that anti-migrant violence risked overshadowing the meetings, which Ghana was due to host and Presidents John Dramani Mahama and Cyril Ramaphosa were expected to co-chair.

Phiri rejected reports portraying the postponement as a diplomatic “snub” of Ramaphosa.

“We want to explicitly correct the record here. There was no ‘snub.’ Neither the Presidency nor DIRCO requested a formal state visit that was subsequently declined by Accra,” he said. “We recognize that relations have experienced some strain due to broader concerns over anti-immigrant rhetoric on the continent.”

He added that Lamola remained in “continuous, constructive communication with his Ghanaian counterpart to strengthen our historical bilateral bonds.”

The diplomatic concern predates the June 30 demonstrations. In May, African ambassadors and high commissioners stayed away from South Africa’s Africa Day celebration.

The marches also did not end the anti-immigration campaign. Ngobese-Zuma had promised weekly demonstrations for six months, and protesters returned to the streets in Johannesburg, Soweto, and Durban on July 9.

Only state authorities have the power to arrest, deport, or determine immigration status

According to Reuters journalists in Alexandra, protesters entered or attempted to force open homes and businesses while searching for suspected undocumented migrants, removing some people and handing them to police.

Those taken included a Malawian woman carrying a child. A Zimbabwean man told Reuters that he had legal status under the Zimbabwe Exemption Permit.

Some flyers promoting the July 9 demonstrations advertised a “peaceful march” followed by “door to door.”

The government has repeatedly said that only state authorities have the power to arrest, deport, or determine a person’s immigration status.

South Africa’s migrant population is deeply embedded in construction, agriculture, retail, and transport. United Nations data from 2024 estimated that 2.6 million international migrants lived in South Africa, about 5% of the population. A 2018 study by the Organization for Economic Co-operation and Development and the International Labor Organization estimated that immigrants contributed about 9% of the country’s gross domestic product.

Landau said the reputational damage could affect South African companies operating elsewhere on the continent.

“South African businesses will find it harder to operate because their brand has been damaged,” he said. “Many countries now have alternatives, and I think they will increasingly choose non-South African options where possible.”

Landau called the June 30 security deployment “unfortunately necessary,” but said authorities had allowed tensions to build through a prolonged lack of response.

“It came after a long period of non-response,” he said.

The longer-term answer, he argued, requires negotiation “about how migration can strengthen the regional economy for everyone.”

Pretoria, meanwhile, is intensifying immigration enforcement. Kubayi said at a July 12 briefing that 53,449 foreign nationals had been processed for deportation or repatriation as of the previous day. Authorities deported 4,898 people in June.

Melissa has already made her decision. After 10 years in South Africa, she is preparing to return to Zimbabwe.

“My family calls me every day and tells me to come home as soon as I can,” she said. “So now I’m going back to Zimbabwe and starting over. I know it won’t be easy. Even finding work there is difficult.”

This post was originally published on here. 

Hamas October 7 mastermind Yahya Sinwar believed Israel might respond to the invasion by using nuclear weapons against Gaza; a new document that he wrote by hand on August 24, 2022, has been revealed to the public on Monday.

This latest document was disclosed by the Amit Terrorism and Intelligence Research Institute as part of an ongoing series of rolling reveals of Hamas documents captured by the IDF during its counter-invasion of Gaza.

Prior documents revealed by the Amit Institute or the IDF in October 2025 or earlier were also written by Sinwar and addressed similar topics, with one even written on the same day, but this document goes into the nuclear weapons scenario in the most depth.

Israel would, in any case, mount a powerful response

In an overlapping document, Sinwar warned that the window of opportunity for achieving the surprise effect of the invasion was six to ten hours, during which Israel’s ability to launch a counteroffensive had to be impeded. 

Sinwar then added in the currently revealed document that Israel would in any case mount a powerful response, and he did not rule out the possibility that it would use nuclear weapons. 

“Defense plan: The enemy will not hesitate to use all the means and weapons at its disposal, not only through attack but also by other means,” Sinwar wrote in the document. “It may even use a nuclear bomb. But first it will be surprised by the attack and descend into chaos. As an additional precaution, a popular operation should be organized to return to the villages and symbolically reoccupy them. This campaign is a battle of life or death, and there will be life, with Allah’s help.”

Despite his concern that Israel using nuclear weapons in response to an invasion was a real risk, “he did not abandon his messianic vision and emphasized that it would be a ‘battle of life or death,’ even if the price was the destruction of the Gaza Strip,” wrote the Amit Institute.

Secret Hamas internal documents

The new document also discussed an invasion force of up to 10,000 Hamas fighters for over 200 Israeli communities and IDF outposts, whereas later versions of the plan and the actual invasion involved around 2,000 Hamas terrorists in the first wave, a similar number in the second wave, and a disorganized additional around 1,600 untrained Gazans in the third wave, for a total of around 5,600 invaders.

Systematically deceiving Israel into complacency

On June 18, new secret Hamas internal documents which IDF intelligence had provided to the Amit Institute were provided exclusively to The Jerusalem Post.

An analysis by the Amit center included six documents viewed by the Post, showing the progression of Hamas’s secret plans 2022-2023 to systematically deceive Israel into complacency so as to surprise the IDF during the October 7, 2023 invasion.

Although much is already known about Hamas’s deception, these original documents had not previously been viewed by the public and revealed a variety of new pieces of color in the puzzle of Hamas’s strategy and tactics.

One document was from September 13, 2022, and was titled “Building a Strategic Deception Plan Which Will Be the Basis for a Surprise Attack by Hamas on Israel.”

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“De facto authorities” invaded and assaulted staff at the Abu Rashid food distribution point in Jabalia on Saturday, United Nations Deputy Special Coordinator for the Middle East Peace Process Dr. Ramiz Alakbarov complained on Sunday, while notably failing to name Hamas in his statement.

Hamas terrorists invaded the warehouse, operated by the World Food Programme (WFP), and assaulted two drivers who were delivering humanitarian supplies, according to the UN.

Asserting that he “strongly” condemned the incident, Alakbarov acknowledged there was a “dangerous pattern of intimidation, violence and obstruction, including smuggling attempts, targeting and abusing humanitarian operations” being carried out by the “de facto authorities.”

Though Hamas went unnamed in the statement, Alakbarov labeled Israel’s expansive control of the territory as a major threat to humanitarian supplies in the Palestinian territory.

“The expansion of areas under Israeli control is further reducing the space available to civilians, making it imperative that humanitarian assistance is able to move safely and reach people in need without interference,” he wrote. “Under international humanitarian law, all parties must respect and protect humanitarian personnel, facilities and relief supplies, and refrain from actions that obstruct humanitarian operations…”

“The people of Gaza have already endured immense suffering. They cannot be subjected to further delays or disruptions in the delivery of life-saving assistance. I reiterate that humanitarian organizations must be able to carry out their work safely, independently, impartially and without fear of intimidation or violence.”

COGAT condemns incident as part of Hamas intimidation

The Coordinator of Government Activities in the Territories (COGAT) also condemned the incident, noting that it is part of a pattern of intimidation employed by the terror group.

“This constitutes further clear evidence that Hamas cynically exploits the humanitarian space and the aid intended for the residents of the Gaza Strip for its own purposes,” COGAT wrote. “The facts are clear: humanitarian aid is entering the Gaza Strip. Hamas is the party undermining the distribution mechanisms, seizing humanitarian aid, and preventing it from reaching the civilian population.”

This post was originally published on here. 

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The missiles stopped. The attacks did not.

“The ceasefire is only for communication. There is no ceasefire in cybersecurity,” Julia Kogan Ehrlich, a cybersecurity executive, angel investor and former officer in the IDF’s Unit 8200, said in an interview on the JPost sits down with… podcast. “The fire is maybe in a byte and not in a missile. Our physical world may not be jeopardized, but our infrastructure is constantly under attack.”

Kogan Ehrlich was responding to recent comments by the head of the Israel National Cyber Directorate, who disclosed that Iranian cyberattacks on Israel roughly tripled during the war, to some 4,800 significant attacks, and warned that unlike the kinetic front, the cyber front never went quiet.

That number, she stressed, counts only the serious ones. The background noise, she confirmed, runs into the millions.

“The world just twisted from the kinetic and moved to a different vector of war,” she said. “People are going back to a normal life right now. Nobody knows how many people are working long hours to make sure that all the Israeli infrastructure, everything behind the scenes, keeps moving.”

By her estimate, the public sees almost none of it. “Ninety-eight percent of the attacks, people are not even aware of,” she said. “They’re seen behind closed doors, because they’re being defended against.”

What 4,800 attacks could actually mean

In April 2020, Iranian hackers penetrated part of the cyber defenses protecting a section of Israel’s water supply and were stopped only at a late stage. Had they not been, the chlorine levels in drinking water could have been altered.

Asked whether each of those 4,800 attacks carries that kind of potential, poisoned water, downed electricity, trains colliding, an air traffic control tower going dark, Kogan Ehrlich did not soften it.

“I agree,” she said. “Critical infrastructure, healthcare organizations, hospitals, even clinics. Every aspect. You can take it to the national database.”

And when personal data is stolen and published, she added, the damage is real even if the taps keep running.

There is no single fix. “There is no holistic solution,” she said. “Israel is defended in multiple layers, in multiple pillars.” The method, as she described it, is to start from the doomsday scenario and work backwards, build the worst case, then break it into scripts that individual organizations and their chief information security officers can actually implement, half of it technology, half of it training people who will still, at some point, be asked to click a link.

AI as a weapon

Two years ago, she said, AI was essentially a very smart friend doing small chores. That era is over.

“AI now completes tasks. Complex tasks. It analyzes information for your benefit,” she said. “And everything you can do as a benefit can be used as a malicious tool.”

The result is that the barrier to launching an attack has collapsed, and the attacks themselves have become automated. “The battlefield is not people against people anymore,” she said. “Sometimes it’s a machine against humans.” In the war with Iran, she argued, it is closer to AI versus AI, an arena in which Israel is among the world leaders, which is precisely why so little of the fight is visible. The most unsettling part of the conversation had nothing to do with Iran.

Two minutes of recorded audio is now enough to clone a person’s voice convincingly for an extended conversation. Which means the old scam email from a Nigerian prince, a punchline for two decades, has been replaced by a phone call from your mother, crying, asking for NIS 5,000 immediately because she is in trouble.

The scammers have picked their targets carefully. “Eight out of ten people being targeted are elderly Russian-speaking Israelis,” Kogan Ehrlich said, citing police figures. The reason is structural: much of the older generation that arrived in the great immigration wave of the 1990s never learned Hebrew, and many are not fluent in the online world where these tricks are discussed and debunked.

She made it personal. One of her grandmothers speaks only Russian; the other speaks Russian and a little Hebrew. “If somebody calls them with my voice, they will give all the details. All of them,” she said. “They will not think for one minute. If I’m in trouble, they will come to support me. They will not ask another question.”

Kogan Ehrlich is set to serve as a mentor and judge at an upcoming hackathon run by Unit 8200 alumni together with BioCatch, one of Israel’s leading fraud prevention companies, aimed specifically at this attack pattern.

Her advice to families, in the meantime, is unglamorous and free:

Agree on a code word. Something that would never come up in a normal conversation, known only to children, parents and grandparents. If the voice on the phone is begging for money, the answer is: what’s our code word? A real relative knows it. A cloned voice does not.

And stop asking for help over the phone. “If you need help, come visit. Ask face to face,” she said. It is not only about money. It is about restoring the assumption that a real request happens in person.

‘Meet the iceberg head-on, or go around it’
Kogan Ehrlich served nearly nine years in Unit 8200 and was released with the rank of major, serving through two wars. She was not in the unit on October 7. She is candid about what that day meant for it.

“Let’s put it on the table. There were gaps we were supposed to detect,” she said. “The unit came together and pulled everything it could to make sure those mistakes will not be repeated.”

What the unit taught her, she said, was not any particular technology — technologies expire — but a way of reacting when something completely new appears and nobody in the room knows what to do. Everything stops. People are pulled into small groups. They learn the problem, meet in the morning, at lunch, after lunch, in the evening, and keep redefining the solution until, as she put it, there is white smoke.

She reaches for the Titanic to explain it. The ship tried to turn and got sliced open along its side; had it hit the iceberg head-on, the damage would likely have been survivable.

“Sometimes you just need to face it,” she said. “Meet the iceberg head-on, or go around it. Both approaches run in parallel, all the time.”

It also explains why 8200 graduates are so heavily represented among Israel’s founders, CEOs and venture partners. “You invest where your mind is,” she said.

Who gets left behind

For all the alarm, Kogan Ehrlich is not a pessimist about AI. She compares it to the Industrial Revolution and to the arrival of the internet, a change in kind, not in degree, and expects better tools for defense, for thinking, for education. She envisions a near future in which an executive briefs an AI system continuously and it makes decisions on a minute-by-minute basis, and she notes that the frontier keeps moving so fast that a three-month AI course is often obsolete by the time you finish it.

That, she said, is exactly where the danger lies.

Governments, the Fortune 500 and the top startups will keep pace. Everyone else may not. Small and medium businesses are still running legacy systems. Healthcare organizations, targeted constantly and globally, are frequently wide open. And patients are now arriving at clinics having already run their blood tests through a chatbot.

“The doctor also needs to be aligned with AI,” she said. “Otherwise, he could be missing out.”

Would she let a robot treat her? She laughed. Maybe not in a year. In ten, who knows.

“We do need the human touch. Sometimes we just want somebody to look at us and reassure us,” she said. “But I want to make sure he knows what he’s talking about: the results and the accuracy.”

On the machines, as on the infrastructure, her position is the same: let the AI lead the technology, but keep a human at the gate.

This post was originally published on here. 

Petitioners seeking the release of 14 Gaza doctors held by Israel asked the High Court of Justice on Sunday to order the state to file a detailed medical update on Dr. Hussam Abu Safiya, saying the state had failed to answer grave allegations that he was beaten in detention and left close to unconscious.

The filing, submitted by Physicians for Human Rights Israel and lawyers for the detainees, came in response to the state’s request that the petition be dismissed. The state has argued that the doctors’ detention orders were issued under the Unlawful Combatants Law, after officials reviewed classified intelligence specific to each detainee, and that their release could harm state security.

Abu Safiya, a pediatrician and director of Kamal Adwan Hospital in northern Gaza, has been held by Israel since December 2024. His case has drawn growing international attention, including calls by UN bodies and medical professionals for his release or for independent medical access. Israel has said Abu Safiya had ties to Hamas and that Kamal Adwan Hospital was used for Hamas activity, while PHRI has argued that he and the other doctors are being held without charge despite Gaza’s severe need for medical personnel.

Yonah Jeremy Bob contributed to this report.

This is a developing story.

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The Iranians are not going to give in this time, Dani Citrinowicz, an Iran researcher and expert on the Shiite axis at the Institute for National Security Studies, told Gideon Oko and Amichai Attali on 103FM.

“In the end, the campaign we set out on to weaken the Iranian regime and deny it the ability to reach nuclear weapons is currently focused on an event that was not the event before the war,” Citrinowicz said. “The Strait of Hormuz was open before the war, and right now the main focus in the current confrontation is the attempt to control or decide who will have control of the Strait of Hormuz.”

“On the Iranian side, I do not identify any desire to retreat. I think the Iranians will go all the way in this case; this is the price they need to pay to preserve control of the Strait of Hormuz, and even if it continues like this, they will not give in, so it presents Trump with a dilemma of whether to back down in the end. I do not see any willingness to compromise on the Iranian side.”

On the current campaign, he clarified: “We are in a campaign over control of the Strait of Hormuz, and neither side is willing to give in. The Americans are issuing ultimatums to the Iranians to open the strait; in response, the Iranians close it; in response, the Americans strike, and the Iranians respond.”

“The event can end either if one side backs down, or if there is an agreement between Iran and Oman, or something that regulates passage in the strait, or the events will spiral out of control. And as we discussed yesterday, right now the strikes are aggressive, but the geographic location and the nature of the targets are such that each side probably wants to preserve the option of returning to negotiations,” he explained.

“As long as this continues at this intensity, it will probably be difficult to maintain the framework, since the sides do not want further escalation and are currently focused on the Strait of Hormuz. Right now the sides are under some kind of rules of engagement, but it can definitely get out of control,” he added.

US attacks will not prevent Iranian strikes

According to Citrinowicz, the American strikes are intended to weaken the Iranian threat in Hormuz, while the Iranians have marked their own red line.

“There are conflicting reports that the Americans are continuously striking Iran’s ability to harm the Strait of Hormuz, control facilities, radars, launch facilities, and in response the Iranians are broadly attacking US bases in the Gulf area; they are not attacking in the UAE and not in Saudi Arabia. It should be said that most of the strikes are located in southern Iran and in the coastal area, meaning an attempt to weaken Iran’s ability to hit tankers.”

“That will not prevent them from striking, because to stop a tanker from passing you need one missile, and that is the main problem. Still, regarding petrochemicals, the Iranians made clear that if there is damage to infrastructure, they will respond by striking infrastructure,” Citrinowicz pointed out.

He added that from the American perspective as well, US President Donald Trump may be trying to preserve room for a deal. “Maybe from the American side too, Trump is saying, ‘I can hit all the bridges, but I am not doing it,’ because I want to preserve the chance of an agreement, so let us see whether these reports are true, because if they are, the Iranians will necessarily respond against infrastructure in the Gulf area,” he said.

Citrinowicz later said the confrontation could last a long time: “This could accompany us for a long period, days, even weeks. Last week there were reports that the American goal is to conduct a campaign for weeks until the Iranians weaken or surrender. The problem is that we are in the Middle East; events can spiral out of control. We are in a situation where the sides are fighting, each wants to preserve sovereignty and the ability to control the straits, they do not want to cross lines and allow negotiations. Behind the scenes, the Qataris and the Omanis are working hard to prevent escalation, but if there were damage to petrochemical facilities, that would change the situation for the Iranians. Right now the sides do not want to escalate, but this could accompany us for many long days and weeks.”

He also gave his view on possible Israeli involvement in the next steps. “Israeli involvement is what would widen the campaign. I do not think there is a desire in Washington for Israel to enter the event, because it would turn into a regional event that would make it very difficult for the Americans to return to negotiations. I am sure Netanyahu is not unhappy with what is happening now; everything depends on Trump.”

Iran advancing nuclear enrichment program, expert asserts

In addition, Oko asked the expert whether Iran is continuing to advance its nuclear ambitions during this period. “Is Iran taking advantage of the period to move forward on nuclear matters?”

Citrinowicz replied: “In satellite images, it is absolutely clear that Iran is preparing something, certainly in enrichment-related contexts.”

Oko asked: “You can really see it in the pictures?”

Citrinowicz explained: “When you look at the actions Iran is taking in that area, a new enrichment facility that Iran has reported, it may be harder to strike than Fordo. Iran is doing things there. This is a troubling event because we lack oversight. We have been without oversight for a year, in a situation where the International Atomic Energy Agency… we need to be concerned. What matters is the nuclear issue, and that is where attention needs to stay all the time.”

Finally, Oko asked about uranium and the possibility that Iran is advancing toward military-grade nuclear weapons production. “There are pictures showing that Iran has gone back to enriching uranium?” Citrinowicz answered firmly: “You can see in the images that work is being done in the area. We need to focus on what is being done in Iran’s nuclear program. What is happening according to the satellite images is something that should concern us very much.”

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Hugo Boss urged shareholders to reject a takeover offer from Britain’s Frasers Group, saying the approximately $2.2 billion proposal significantly undervalues the German luxury fashion company and its long-term growth potential.

In a unanimous recommendation, both Hugo Boss’s Management Board and Supervisory Board advised investors not to accept Frasers’ €38-per-share cash offer, describing the bid as financially inadequate despite Frasers already being the company’s largest shareholder.

A Strategic Battle for Control

Frasers Group, controlled by British retail billionaire Mike Ashley, already owns roughly 26% of Hugo Boss.

The latest offer comes as Frasers moves closer to the 30% ownership threshold that triggers Germany’s mandatory takeover rules, requiring an offer to remaining shareholders.

The €38-per-share proposal represents the minimum price required under German regulations based on Frasers’ previous share purchases.

Hugo Boss Says the Offer Falls Short

Chief Executive Daniel Grieder said the offer “fails to capture the company’s intrinsic value and long-term potential.”

Supervisory Board Chairman Stephan Sturm echoed that conclusion, saying the proposal does not adequately reflect the value expected to be created through Hugo Boss’s ongoing transformation strategy.

The company said independent financial advisers, including Bank of America and Goldman Sachs, supported the board’s assessment.

Turnaround Plan Drives Confidence

Hugo Boss continues executing its Claim 5 strategic plan, which aims to strengthen profitability through store modernization, expanding its women’s business, simplifying product offerings and improving operational efficiency.

Management is targeting an operating margin approaching 12% while generating approximately €300 million in annual free cash flow over the coming years.

Executives argue shareholders will realize greater value by allowing the turnaround strategy to continue rather than accepting the current offer.

Frasers Remains a Long-Term Investor

Despite rejecting the bid, Hugo Boss welcomed Frasers’ continued investment in the company.

Frasers said it has no plans to change Hugo Boss’s management team or strategic direction and described itself as a long-term shareholder committed to supporting the business.

The retailer owns several major brands, including Sports Direct, Flannels, and significant stakes in companies such as Puma and ASOS.

What Investors Are Watching

Hugo Boss shares have traded just below Frasers’ offer price, suggesting investors expect the current proposal to face resistance while remaining uncertain whether a higher bid will emerge.

For Hugo Boss management, the challenge now shifts from defending the offer to delivering the financial improvements promised under its turnaround strategy.

For Frasers, the move represents another step in expanding its influence over one of Europe’s best-known luxury fashion brands without paying a significant acquisition premium.

Whether the retailer ultimately increases its offer or continues building its ownership stake under existing regulations will likely determine the next chapter in one of Europe’s most closely watched retail takeover battles.

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

OpenAI is undergoing another major leadership change after Fidji Simo, one of the company’s top executives, announced she is stepping down from her full-time role because of a chronic health condition.

Simo, who oversees much of OpenAI’s business operations, product strategy and commercial deployment, said she will transition into a part-time advisory role while focusing on her health.

The move comes as OpenAI continues expanding globally and prepares for what many analysts expect could become one of the largest technology public offerings in history.

A Key Leader Departs

Simo joined OpenAI’s Board of Directors before later assuming responsibility for much of the company’s commercial operations.

Prior to OpenAI, she served as Chief Executive Officer of Instacart, leading the grocery delivery company through its public offering, and previously spent more than a decade at Meta, where she led the Facebook app.

OpenAI Chief Executive Sam Altman thanked Simo for her leadership, saying she helped build many of the systems supporting ChatGPT’s rapid global growth.

Leadership Responsibilities Shift

OpenAI said Simo’s responsibilities will now be distributed among several senior executives, including:

  • Greg Brockman, President
  • Sarah Friar, Chief Financial Officer
  • Jason Kwon, Chief Strategy Officer

The company said the transition is designed to maintain continuity while continuing to expand its enterprise and consumer businesses.

A Critical Moment for OpenAI

The leadership change comes during one of the most important periods in OpenAI’s history.

The company continues investing heavily in enterprise AI products while competing aggressively with rivals including Anthropic, Google, Microsoft, Meta, and xAI.

OpenAI has also continued releasing new generations of its AI models while expanding business-focused automation tools designed for corporations worldwide.

Reports indicate the company recently filed confidential paperwork that could eventually lead to an initial public offering, although OpenAI has not publicly confirmed timing.

Competition Continues to Intensify

The AI industry remains one of the fastest-growing sectors in technology.

Companies are investing hundreds of billions of dollars in infrastructure, data centers and advanced AI systems as demand continues accelerating across nearly every industry.

Leadership stability has become increasingly important as investors closely monitor the sector’s largest companies.

Health Comes First

In her message to employees, Simo said worsening symptoms from a long-term medical condition made the decision unavoidable.

She said she plans to remain connected to OpenAI in an advisory capacity while focusing on treatment and recovery.

For OpenAI, the transition represents another significant leadership change during a period of extraordinary growth and increasing competition.

As the company continues expanding its commercial operations and developing next-generation AI systems, investors and customers will be watching closely to see how the leadership team executes its long-term strategy.

JBizNews Desk | San Francisco
© JBizNews.com All Rights Reserved. Reproduction or distribution without written permission is prohibited.

The settlement could be the end of a long legal saga for Omnicare, which filed for bankruptcy last year after a judge ordered the company to pay nearly $950 million for fraudulently billing government health programs.

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JPMorgan Chase has developed a series of artificial intelligence agents that make investment allocation decisions, and in historical testing the systems outperformed the traditional 60/40 portfolio while producing lower volatility, according to research released by the bank.

The research team, led by Thomas Salopek, found that its best-performing AI model exceeded the annual return of the classic portfolio—comprised of 60% stocks and 40% bonds—by approximately 0.7 percentage point over two decades of back-tested market data. The AI systems also outperformed JPMorgan’s own rules-based investment allocation model on a risk-adjusted basis.

How the AI Agents Work

Rather than simply analyzing market data, the AI agents are designed to make asset allocation decisions.

Using large language models developed by OpenAI and Anthropic, the system evaluates economic conditions and classifies markets into four primary environments: Goldilocks, Reflation, Stagflation and Risk-Off.

The agents then determine how to allocate investments between stocks, bonds and other asset classes based on those changing conditions.

According to JPMorgan, all eight AI agents tested exceeded the performance of both the traditional 60/40 portfolio and the firm’s existing quantitative allocation framework when measured on a risk-adjusted basis.

Back-Tested Results, Not Live Investing

JPMorgan cautioned that the findings are based entirely on historical simulations and should not be interpreted as proof the strategies will outperform in future markets.

The bank noted that back-testing carries well-known limitations, including the risk of overfitting, where models perform exceptionally well using historical data but fail under future market conditions.

Researchers also warned that investment strategies can lose effectiveness as more investors begin using similar approaches.

A New Direction for Wall Street

While investment firms have increasingly used artificial intelligence to summarize research, analyze earnings reports, screen securities and identify investment opportunities, allowing AI to make actual portfolio allocation decisions represents a significant next step.

Because the traditional 60/40 portfolio serves as the foundation for countless retirement accounts, pension funds and institutional investment strategies, even modest improvements in long-term performance could have meaningful implications across trillions of dollars in managed assets.

The Next Phase of AI Investing

Industry analysts say the research highlights how artificial intelligence is evolving from a decision-support tool into a potential decision-maker.

Whether AI can consistently outperform experienced portfolio managers in live markets remains an open question. Real-world investing introduces transaction costs, changing market conditions and investor behavior that cannot be perfectly replicated through historical simulations.

Still, JPMorgan’s research provides another indication that major financial institutions are moving beyond using AI simply to assist investment professionals and are beginning to explore how intelligent agents may eventually participate directly in investment management.

If future live-market performance mirrors even a portion of the historical testing, the technology could reshape portfolio management across the investment industry over the coming years.

JBizNews Desk | New York
© JBizNews.com All Rights Reserved. Reproduction or distribution without written permission is prohibited.

Prime Minister Benjamin Netanyahu, on the recommendation of security officials, has instructed the Shin Bet (Israel Security Agency) to investigate the alleged leak of the start date of Operation Roaring Lion to an unnamed media outlet.

During a recent cabinet meeting, Shin Bet chief David Zini clarified that the matter could be investigated, but it would be difficult because so many people were privy to the secret, adding that the chances of uncovering the truth were low.

Following the meeting, the prime minister issued another directive to investigate the matter and present the findings to him.

After an internal review by the Shin Bet, the agency’s legal advisers determined that Netanyahu’s directive required the opening of an investigation.

It was also determined that, since there was no intention to question journalists about the leak, but only members of the defense establishment, there is no need to obtain the attorney-general’s approval. Instead, the investigation could be based on Netanyahu’s directive and the powers granted to the intelligence agency.

Sealing leak within defense establishment

“Without confirming the accuracy of any particular report, it should be clarified that investigations into leaks of classified information are opened under the authority and at the discretion of the Shin Bet chief, only after an orderly process involving the agency’s professional and legal officials, and pursuant to the Shin Bet’s statutory responsibility to prevent leaks of classified information from the core of the defense establishment,” the Shin Bet said in a statement.

The agency further stressed that the purpose of the investigation is to seal the breach within the defense establishment.

“Any attempt to attribute professional decisions made by the Shin Bet chief in order to fulfill the agency’s mission to discussions held with one person or another is entirely without foundation,” it added.

“The decision regarding the need for a leak investigation was made by the Shin Bet chief long before the meeting in question took place. It should also be noted that the Shin Bet chief periodically meets with journalists from a wide and diverse range of media outlets.”

US officials outraged over reported intel. leak

On Saturday, Walla learned that the reported leak had prompted criticism among US officials, who criticized Israel’s conduct regarding information security and voiced their anger about the situation during conversations with their Israeli counterparts.

The Defense Security Authority (MALMAB), after being asked by Defense Minister Israel Katz to provide its thoughts on the matter, also recommended that it be investigated.

The announcement came against the backdrop of Channel 14 commentator Yaakov Bardugo revealing on Galei Israel radio that he had met with Zini and his aide to advance an investigation into the leak to Channel 12 News about the war with Iran.

It was further claimed that Zini subsequently asked Attorney-General Gali Baharav Miara for immediate approval to open an investigation into the matter.

This post was originally published on here. 

Nearly half of Israelis (46%) and half of Jews (50%) believe that more pressure should be applied to enlist young haredi (ultra-Orthodox) men into the IDF, a July poll by the Israeli Society Index of the Jewish People Policy Institute (JPPI) revealed.

Approximately 31% support conscription only with the agreement of the haredi leadership, and 11% believe that efforts to draft haredi men are futile and should stop.

Generally speaking, the index showed a stark political divide on the issue, with right-wing respondents preferring a haredi-approved compromise (59%), while the center and left demanded sanctions on the haredi population at 73% and 79%, respectively. 

Likewise, Likud supporters show a 75% favor towards compromise, while Yisrael Beitenu strongly favors sanctions at 84%.

Among the haredi population itself, 45% agree that conscription could be possible if the leadership agreed, while 15% support sanctions.

Haredi anti-draft protests compared to anti-judicial reform protests

The poll also gauged public perception of the haredi anti-draft protests specifically in relation to protests against judicial reform.

Approximately one-third of respondents (32% of the public at large and 36% of Jews) believed that, because the prior anti-judicial reform protests had been allowed to block public roads, the haredi anti-draft protests should also be allowed to.

On the other hand, 39% of respondents, including 53% of secular respondents, said that the haredi protests are “unjustified protests which must be stopped.”

“It turns out that the main consideration by which Israelis choose their position even on this existential issue is political interest. The right prefers a continued alliance with the Haredi, and the center and left, which are not politically supported by the Haredi, believe that sanctions are necessary,” said Professor Yedidia Stern, president of the JPPI.

“When the decisive factor is purely political, and not substantive, the solution seems further away than ever,” he added.

The JPPI Israeli Society Index survey was conducted by the index panel and Afkar (in the Arab sector). The data is weighted according to voting patterns and religiosity so as to represent the position of the entire Israeli public. The JPPI Israeli Society Index is compiled by Shmuel Rosner and Noach Slepkov; research and production by Yael Levinovsky; statistical consulting by Prof. David Steinberg.

This post was originally published on here. 

France will summon the Russian ambassador to Paris in the coming days over an alleged cyberhacking campaign that Russia has carried out against European countries, including France, French Foreign Minister Jean-Noël Barrot said on Monday.

He added France would also place sanctions on some Russian individuals and entities.

“Today, we will publicly condemn a widespread cyber campaign conducted by Russia that aimed to carry out sabotage and spying against a dozen countries,” Barrot told BFM TV.

“We will summon the Russian ambassador to France in the coming days,” he said.

He added that France would sanction nine Russian individuals and four Russian entities regarding this campaign of cyberattacks that Barrot said Russia’s Federal Security Service had orchestrated.

Similarly, Germany’s foreign ministry said in a statement on X on Monday that it had summoned the Russian ambassador after European countries blamed Russia for cyber campaigns targeting them.

The ministry said cyberattacks against Germany, EU partners and Ukraine were unacceptable and would be met decisively, including with additional sanctions.

The European Union is trying to seal a 21st package of sanctions against Moscow in response to Russia’s war with Ukraine and may on Monday decide to add further names to its sanctions list, the European Union’s foreign policy chief said.

The French government has previously accused Moscow of conducting cyberattacks against the country.

UK targets Russian cyber networks with new sanctions

Britain on Monday announced a new package of sanctions targeting Russian cyber networks, which it blamed for trying to sow chaos and division across Europe.

“Today’s action targets 24 individuals  and entities behind the destructive cyber and hybrid operations, including cybercriminals  involved in proxy networks linked to the Russian Intelligence Services,” the government said in a statement on Monday.

“This includes sanctioning GRU senior leadership figures Vyacheslav Stafeyev, Ivan Senin and Ivan Kasyanenko for their role in directing GRU cyber and hybrid threat operations.”

This post was originally published on here. 

Meta is expanding its massive data center project in Richland Parish, Louisiana, to 5 gigawatts of compute capacity, making it one of the largest data centers in history, the company announced Monday. 

The expansion pushes Meta’s total investment in the region to more than $50 billion, marking one of the biggest AI infrastructure investments in the world, according to the company.

Once operational, the data center is expected to support more than 1,000 jobs. Meta said Louisiana businesses have already received more than $1.6 billion in contracts from the company since it broke ground on the site in December 2024.

META SHUTS DOWN AI TOOL AFTER BACKLASH OVER PUBLIC INSTAGRAM ACCOUNTS

The tech giant also plans to spend more than $1 billion on local infrastructure upgrades, including roads, water and wastewater systems.

Meta said the expansion includes an energy agreement expected to save Entergy Louisiana customers more than $2 billion over 20 years. 

The company said it will cover the data center’s energy, water and infrastructure costs.

META LAYS OFF NEARLY 1,400 WASHINGTON EMPLOYEES IN LATEST TECH WORKFORCE CUT

The project is already reshaping Richland Parish, a rural community of about 20,000 people. Teachers in the parish recently received annual bonuses of more than $50,000, up from $10,000 last year, thanks to increased tax revenue tied to the data center.

“It’s life-altering for our teachers and their families, and it’s transforming our schools,” Richland Parish School District Superintendent Sheldon Jones said in a statement.

Jones said Meta’s investment has also helped the district attract stronger teacher candidates.

META ROLLS OUT PAID SUBSCRIPTION PLANS FOR FACEBOOK, INSTAGRAM AND WHATSAPP

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Meta is also donating $5 million to Louisiana Delta Community College to create scholarships for residents training for data center jobs. 

Beginning with the class of 2026, all Richland Parish high school graduates will be eligible for full scholarships for data center-related trade programs.

The scholarship effort comes after Meta announced in June that it is launching America’s Workforce Academy, a new skilled-trades training program with free tuition and guaranteed jobs for graduates.

FOX Business’ Eric Revell contributed to this report.

This post was originally published here. 

Manhattan’s office market turned in its busiest first half of leasing in nearly a quarter century during 2026, according to a second-quarter report released July 1 by commercial brokerage Colliers, and three marquee developments that advanced last week gave the data a physical face. Franklin Wallach, Colliers’ executive managing director of research and business development, said tenants signed 22.8 million square feet of leases across the first six months of the year, the strongest first-half showing since 2002, undercutting predictions that Mayor Zohran Mamdani’s tax agenda would drive business out of New York.

The numbers landed amid an intensifying fight over whether Mamdani, a democratic socialist who campaigned on raising taxes on corporations and the wealthy, would push companies to cheaper states. Instead, landlords spent the spring gaining leverage. Colliers put second-quarter leasing at 11.02 million square feet, down about 6.5 percent from the first quarter but up roughly 19 percent from a year earlier, the first time since 2002 that quarterly demand topped 11 million square feet for three straight quarters. Net absorption came in at a positive 3.51 million square feet.

Rents moved with the demand. The average asking rent climbed to $78.03 per square foot, its highest since July 2020, up 5.7 percent over the year in the sharpest midyear increase since 2016, per Colliers. Availability fell to 13 percent, down from 13.7 percent in March and the lowest since October 2020, well off the 18.2 percent peak of February 2024. Class A space captured nearly 69 percent of leasing, and artificial intelligence firms leased roughly 800,000 square feet in the quarter, more than those companies took in all of 2025. The quarter’s largest deal was law firm Simpson Thacher & Bartlett’s 916,000-square-foot lease at Extell Development’s 570 Fifth Avenue, followed by L’Oréal’s 484,000-square-foot renewal.

The clearest evidence of that confidence broke ground Thursday, when American Express began construction on its new global headquarters at 2 World Trade Center, the final commercial tower on the Lower Manhattan campus rebuilt after the September 11 attacks. In a statement issued through BusinessWire, the company confirmed the start of work on the 55-story, 1,226-foot tower designed by Foster + Partners and developed by Silverstein Properties. American Express, whose CEO is Stephen Squeri, will own the building and anchor it across nearly 2 million square feet, remaining at 200 Vesey Street until the tower is finished, targeted for 2031. Lisa Silverstein, CEO of Silverstein Properties, noted that her father, Larry Silverstein, 95, first promised in 2001 to rebuild the site. Mamdani attended and wielded a shovel, offering rare praise for a private-sector project, alongside Port Authority Executive Director Kathryn Garcia and Chairman Kevin O’Toole. The state estimates the build will create more than 2,000 union construction jobs and inject roughly $5.9 billion into the city’s economy.

A second project advanced in Midtown, where demolition began the week of July 7 at 350 Park Avenue to clear the way for a $4.5 billion, 1,414-foot supertall. The 64-story tower, also designed by Foster + Partners and developed by Vornado Realty Trust, Rudin and billionaire Ken Griffin, will deliver about 1.8 million square feet of Class A space. Griffin’s firms, Citadel and Citadel Securities, will anchor it with at least 850,000 square feet, nearly half the building, which the City Council approved 48 to zero. The demolition signals Griffin intends to follow through despite a bitter feud with Mamdani, who used the billionaire’s $238 million penthouse to illustrate a new tax on part-time residents. Griffin vowed to “double down” in Miami, but Vornado CEO Steven Roth attacked the mayor’s rhetoric on an earnings call, and executive Glen Weiss said the firm had “started demolition and we’re ready to roll.” Griffin took a 60 percent stake in the venture in December; Vornado and Rudin hold an option through July to keep interests of 23 to 40 percent or sell the site to Griffin for $1.2 billion.

The third move surfaced Thursday, when The Wall Street Journal identified Airbnb as the buyer of 281 Park Avenue South, the landmarked Beaux-Arts building in Gramercy known for its tie to con artist Anna Sorokin. Airbnb paid $81.5 million for the six-story, 42,500-square-foot property, its first building purchase anywhere and the only one it owns. CEO Brian Chesky said the deal reflected a long-term commitment to the city and would house one of the largest employee hubs outside San Francisco. The purchase is notable because Airbnb has been largely shut out of the city by Local Law 18, the 2022 short-term rental crackdown it continues to fight. Seller RFR, controlled by Aby Rosen, bought the 1894 building for $50 million in 2014 and booked a 63 percent premium, in a deal marketed by Avison Young’s James Nelson and broker Ryan Serhant.

The activity runs against a budget standoff beneath the leasing figures. Mamdani’s administration is weighing options to close a $5.4 billion shortfall while keeping its “tax the rich” platform, drawing warnings from Steven Fulop, president and CEO of the Partnership for New York City, that higher levies could push firms out. Expansion south remains real: JPMorgan Chase employs more workers in Dallas than in New York, and CEO Jamie Dimon wrote that the pattern would likely continue. For now, the transaction data points the other way, with Colliers projecting Manhattan’s busiest leasing year since 2000 if the second half holds.

JBizNews Desk | New York © JBizNews.com All Rights Reserved. Reproduction or distribution without written permission is prohibited.

Traders head into the final stretch before the Federal Reserve’s July 29 meeting caught in a rare bind: the same forces lifting the U.S. dollar are punishing the bond market, a split that hardened this week after Fed Chair Kevin Warsh reaffirmed that prices remain too high and declined to signal any retreat from his higher-for-longer stance.

The U.S. Dollar Index finished Friday near 100.9, within reach of the 101.8 peak it touched in late June, its strongest level in 13 months. The gauge has climbed about 3 percent this year and roughly 5 percent since late January, a sharp reversal from the first half of 2025, when the greenback logged its weakest opening half in more than 50 years. At the same time, the 10-year Treasury yield sat around 4.54 percent after brushing a seven-week high near 4.58 percent at midweek, while the 30-year bond hovered near 5.06 percent and the rate-sensitive 2-year note held around 4.14 percent. Because bond prices fall as yields rise, fixed-income holders are nursing losses even as dollar bulls press their advantage.

The engine behind both moves is the same: a Fed that has swung from planning cuts to weighing hikes. At the June 17 meeting, Warsh’s first as chair, policymakers held the federal funds rate at 3.50 to 3.75 percent in a unanimous vote, but the updated projections flipped the script. The median year-end forecast climbed to 3.8 percent from 3.4 percent in March, implying a hike rather than a cut, and 17 of 18 officials judged inflation risks tilted to the upside. Inflation has stayed stubborn, with the PCE index running at 4.1 percent in May, the hottest since 2023, and core prices up 3.3 percent. On July 10, Warsh named the leaders of five task forces to review how the central bank sets policy, a signal he intends to reshape the institution as well as its rate path.

Higher U.S. rates, and the prospect of higher ones still, widen the gap between American yields and those in Europe and Japan, pulling money toward dollar assets. The European Central Bank, led by Christine Lagarde, and the Bank of Japan both sit well below the Fed, leaving the euro and yen unable to keep pace. Muhammad Hamza Saleem, a currency analyst at Morningstar, has called the rally mostly a Fed story, driven by the hawkish June dot plot and the widening rate advantage, though he cautions that his model reads the index as roughly 15 percent overvalued and likely to drift lower into 2027.

Market movers. The dollar’s strength has rippled across assets. The euro has struggled near $1.14 even as traders price in another ECB move, and the yen has stayed under pressure, keeping Japanese officials on intervention watch. According to CME FedWatch, traders now put the odds of a hold on July 29 near 70 percent, with hike bets cooling after a soft June payrolls report that showed just 57,000 jobs added and the labor force shrinking by roughly 720,000, even as unemployment slipped to a 14-month low of 4.2 percent. Further out, the market still leans toward tightening, pricing at least one increase by the September or October meetings. New York Fed President John Williams added a wrinkle, saying he is most focused on inflation fed by demand from artificial-intelligence investment.

Commodities and volatility. The bond market’s trouble traces partly to oil. The U.S.-Iran war, now in its fifth month, has kept energy prices jumpy: a three-week-old cease-fire frayed this week as the two sides exchanged fresh strikes, though reports that talks would continue pulled U.S. crude back toward $72 a barrel and eased the haven bid that had briefly lifted the dollar. That captures the bind facing bond investors. A Middle East war would normally send buyers into Treasuries, but because this one drives up energy costs and inflation, it pushes yields higher rather than lower. Gold, another usual refuge, has wobbled near $4,000 an ounce as the strong dollar caps its appeal. Weighing on bonds from another direction is supply: the Treasury is financing wide deficits, with the Congressional Budget Office estimating last year’s tax law could add $3.4 trillion to federal debt by 2034, leaving investors to absorb heavy issuance.

Attention now turns to the July 29 decision and to Warsh‘s deliberate refusal to telegraph it. Having scrapped the forward guidance that defined the Jerome Powell era in favor of what strategists call strategic ambiguity, the new chair has left traders to price policy off inflation data alone. President Trump has pressed publicly for lower rates, but with inflation above 4 percent, Warsh has little room to oblige. Until the data cool, the market’s uncomfortable math is likely to hold: what is good for the dollar stays bad for bonds.

JBizNews Desk | New York © JBizNews.com All Rights Reserved. Reproduction or distribution without written permission is prohibited.


Election season in Israel has officially begun, and the 25th Knesset will become the first time since 1988 that elections have been held after a full four-year term.

Here are the important dates you need to know in the lead-up to the big day.

July 17: Knesset dissolves

On Friday, the 25th Knesset will dissolve, ending its term. This does not mean that no one will be working, as Knesset members must continue to serve until the first session of the newly elected Knesset takes place.

Similarly, the government will continue to serve until a new one is established, even if that takes longer than forming a Knesset.

July 19: Final day for civil servants to resign if they wish to run for Knesset

July 19, which is 100 days before the election, is the last day for senior civil servants to resign from duty if they wish to run for the 26th Knesset.

By law, civil servants – state employees governed by the Civil Service Commission, such as employees of government ministries and agencies, police officers, and state prosecutors – are restricted from running for Knesset while civilly employed, as well as publicly attacking or insulting the Knesset or government through media or public forums.

July 20, July 26, August 4: Major parties hold primaries

Three prominent Israeli parties have confirmed they will hold primaries ahead of the general election.

Yair Golan’s Democrats party will hold primaries on July 20, Finance Minister Bezalel Smotrich’s Religious Zionist Party will hold primaries on July 26, and Prime Minister Benjamin Netanyahu’s Likud will hold primaries on August 4.

Only registered party members are eligible to vote in primaries, and the results will determine the order of the parties’ final lists in the general election.

September 9: Final day to submit completed party lists to the Central Elections Committee 

On September 9, all parties intending to run in the election for the 26th Knesset must have submitted finalized party lists to the Central Elections Committee, allowing voters to know the order of party members.

This party list dictates the order in which candidates will join the Knesset in correspondence with the number of mandates won in the election. 

Israeli politicians react following a vote to dissolve the Knesset, Israel's parliament, before the end of its term, at the Knesset, in Jerusalem, May 20, 2026.  (credit: RONEN ZVULUN/REUTERS)

For example, if a party received one mandate, only the party leader would have a seat in the Knesset. If the party received two mandates, the party leader and the person listed second on the list would have seats in the Knesset, and so on.

October 13: Election campaign broadcasts begin on television and radio

Under Israeli election law, campaign broadcasts are only allowed to air in the 21 days immediately preceding the election.

Before this, parties typically run ads on social media platforms such as YouTube, X/Twitter, or Instagram. However, these ads are paid for by individual campaigns and may not be shown on Israeli TV or radio outside of the allotted three weeks.

During the official window for election broadcasts, content is produced by the parties but aired as official election programming, and time for the content is allocated among parties according to statutory formulas.

While the base formula allows every party the same amount of time, even if it’s brand new, parties represented in the outgoing Knesset receive additional airtime based on the number of MKs they currently have.

October 20: Elections officially begin, as Israel’s diplomatic missions abroad begin to vote

On October 20, Israel’s diplomatic missions abroad begin casting their votes.

This is not open to all Israelis living abroad, as the state does not allow absentee voting for the general population.

Early voting for Israelis abroad is intended for embassy employees and their families, military officials stationed overseas, and representatives of national institutions serving abroad under the law.

October 27: The big day! General elections for 26th Knesset take place across Israel

The election will be held on October 27, with polling booths being opened across the country throughout the day.

Election day is considered a national holiday, though public transport will continue to operate normally.

Most polling stations will be open from 7:00 a.m. to 10:00 p.m., with smaller communities, hospitals, and prisons staying open from 8:00 a.m. to 8:00 p.m. 

However, if you arrive at a polling station and are still in line when it closes, you are still entitled to vote so long as you remain in line.

November 4, November 18: Publication of official election results

On November 4, after ensuring time for all votes from abroad to arrive and be counted, the official results of the 26th election will be confirmed.

Once results are shared, appeals to the results can be submitted until November 18.

An appeal can be submitted by any member of the Central Elections Committee or a Regional Elections Committee, any party represented in the outgoing Knesset, any individual MK, any approved candidate or candidate list that participated in the election – even those that failed to cross the electoral threshold – and the attorney-general.

If an appeal were filed, it would likely take until early November for the results to be submitted and for the court’s response. However, successful appeals that alter Knesset election results are extremely rare.

This post was originally published on here. 

European countries reported more than 10,000 excess deaths during the record-breaking heatwave that engulfed the west of the continent in late June, official data showed.

The vast majority – more than 9,000 – were among people aged 65 and above, according to data published by EuroMOMO, a network backed by the European Centre for Disease Prevention and Control and the World Health Organization.

Extreme heat can kill by causing heat stroke, or aggravating cardiovascular and respiratory diseases, with older people among the most vulnerable.

“To have this kind of excess at this time of year is unusual. It’s really high,” Lasse Vestergaard, Chief Physician at Denmark’s Statens Serum Institut, which hosts EuroMOMO, told Reuters.

“It is difficult to explain this high excess mortality by anything but the extreme heat,” Vestergaard added.

Scientists have said the late-June heatwave would have been “virtually impossible” without human-caused climate change, which is making heatwaves more frequent and intense.

The data, pooled from national mortality statistics in 27 European countries, included excess deaths from all causes, not just heat-related ones, during the week of June 22 to 28, when the heatwave peaked in France, Spain, Britain, and other countries.

But scientists said there were no other known major factors, such as COVID-19 outbreaks, that would have contributed to the spike to 10,650 excess deaths in that week.

The same European countries’ combined mortality over the previous eight weeks was, on average, around 500 deaths per week below typical levels. The EuroMOMO data could be revised in future weeks as more data comes in.

June heatwave smashes records as France, Belgium report excess mortality

The extreme heatwave at the end of June disrupted power supplies, shut schools, and smashed temperature records in France, Spain, and the UK.

EuroMOMO does not publish excess deaths per individual country, but it noted that France and Belgium were the only two countries in Europe to log “very high excess” mortality in the last week of June.

Belgium’s excess mortality was the highest during any heatwave in records going back to 2000, according to the country’s public health institute Sciensano.

A separate scientific study, published on Monday, estimated 2,700 people died from heat-related causes in England and Wales alone during the May and June heatwaves.

Of those deaths, 42% were caused by the extra heat that global warming contributed to the heatwaves, according to the findings by Imperial College London, the UK Met Office and the London School of Hygiene & Tropical Medicine.

This post was originally published on here. 

Renewed US-Iran fighting drew Jordan and Bahrain deeper into the regional fallout over the weekend, as Iran launched another wave of missiles and drones toward US military facilities and countries hosting American forces following large-scale US strikes inside Iran.

The latest escalation marked a significant expansion of the fighting that resumed on July 8 and 9, further undermining the memorandum of understanding Washington and Tehran signed on June 17. Iran again declared the Strait of Hormuz closed, while the United States said commercial traffic continued and carried out strikes against Iranian missile sites, naval assets, communications infrastructure, and other military targets.

Iranian attacks and alerts were reported across Bahrain, Kuwait, Qatar, Oman, the United Arab Emirates, and Jordan. Tehran said it was striking US military infrastructure, although many of its claims about specific targets and damage could not be independently confirmed.

The renewed confrontation followed an Iranian attack on a Cyprus-flagged container vessel in the Strait of Hormuz. The ship was seriously damaged and one Indian crew member was reported missing. The United States responded with an extensive series of strikes intended, according to US officials, to reduce Iran’s ability to threaten commercial shipping.

Jordan had already confronted a direct threat during the previous round of fighting. The kingdom’s state news agency, Petra, reported that Jordanian air defenses intercepted and shot down eight missiles launched from Iran toward Jordanian territory on Thursday, July 9, citing a military source at the General Command of the Jordan Armed Forces-Arab Army.

Missile debris fell in several areas, but no casualties or property damage were reported, the source said.

For Jordan, the incident reinforced a message Amman has repeated throughout the conflict: The kingdom is not a party to the war, but it will respond when its airspace, territory, or civilians are threatened.

“Jordan has made its position clear: it is not a party to this conflict and will not allow its sovereignty or the safety of its citizens to be compromised,” Mai Anati, managing editor of The Jordan Times newspaper in Amman, told The Media Line.

She said the interception of the missiles “demonstrates the kingdom’s capability and unwavering commitment to defending its airspace and protecting its people.”

Anati said Jordan’s priority remains safeguarding its national security while preventing the conflict from spreading into its territory.

“The kingdom has long maintained a high level of military readiness, with the Jordan Armed Forces fully prepared to confront any threat to national security. However, Jordan’s priority remains preventing further escalation,” she said.

Jordan’s position illustrates the dilemma facing countries within range of Iranian missiles and drones but formally outside the US-Iran confrontation. Amman has sought to avoid being treated as a belligerent while making clear that it will intercept projectiles directed at Jordan or entering its airspace.

‘The renewed attacks are not surprising’

Bahrain faces a related but more persistent risk. The Gulf state hosts the headquarters of the US Navy’s 5th Fleet and has repeatedly faced Iranian missile and drone attacks since the conflict began in February.

Manama must contend with both the immediate military danger and the possibility that temporary diplomatic understandings will repeatedly break down while the central US-Iran dispute remains unresolved.

“In my assessment, the renewed attacks are not surprising,” a former Bahraini diplomat who requested anonymity told The Media Line. “The MOU reduced tensions but did not resolve the underlying strategic causes of the conflict, making renewed escalation a realistic possibility.”

The former diplomat said Bahrain had faced sustained military pressure despite not participating directly in the US offensive and supporting diplomatic efforts to contain the conflict.

“Bahrain has faced hundreds of missile and drone attacks from Iran and its proxies, despite avoiding direct participation in the military campaign and supporting diplomatic efforts to contain the crisis,” he said. “Yet daily life and economic activity have largely continued. Compared with the initial phase of the conflict, both institutions and the public appear better prepared and more resilient.”

The Media Line could not independently verify the number of attacks cited by the former diplomat. It was also unclear whether his estimate referred to individual projectiles, separate attack waves, or incidents involving Iran-aligned armed groups.

Bahrain appears unlikely to abandon its defensive and diplomatic posture in favor of direct military involvement.

“[Bahrain] is likely to continue relying on diplomacy and multilateral engagement, consistent with its role as a non-permanent member of the UN Security Council, including its sponsorship of Security Council Resolution 2817 (2026), which condemned Iran’s attacks against Bahrain and other Gulf states,” the former diplomat said.

The Security Council adopted Resolution 2817 on March 11. Bahrain presented the measure on behalf of the Gulf Cooperation Council, and it passed by a vote of 13-0, with China and Russia abstaining.

The danger extends beyond attacks on military installations or civilian territory

The resolution condemned Iranian attacks against Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates, and Jordan. It also affirmed the affected countries’ rights under international law.

The renewed fighting has again placed the Strait of Hormuz at the center of the conflict. Iran says it has the authority to regulate or restrict traffic through the waterway, while Washington maintains that freedom of navigation must be preserved.

For Gulf countries, the danger extends beyond attacks on military installations or civilian territory. Continued fighting could disrupt shipping, oil and gas exports, supply chains, trade, and foreign investment.

The June memorandum had extended the ceasefire and provided a 60-day framework for negotiations, including arrangements intended to restore maritime traffic. It did not settle the underlying dispute over Iran’s role in administering passage through the Strait or the possibility that Tehran might eventually demand fees from ships.

The former diplomat said further escalation remained likely because Washington and Tehran continue to pursue incompatible objectives, particularly over control of the waterway. Any new ceasefire, he said, would probably be another temporary pause rather than a lasting political settlement.

Iran appears to be trying to pressure Washington by threatening American military facilities and regional partners while avoiding an unrestricted direct confrontation with the United States, he said.

This post was originally published on here. 

Iran will not fulfill its commitments in the Memorandum of Understanding (MoU) until the United States fulfills its side of the deal, Iranian Foreign ​Ministry spokesperson Esmaeil Baghaei said on Monday.

Baghaei added that US pressure has hindered Iran’s efforts to reach an agreement with Oman on a joint mechanism to operate the Strait of Hormuz.

The statement comes hours after both sides completed waves of strikes against each other’s infrastructure early Monday morning. 

In a statement on X/Twitter, US Central Command (CENTCOM) announced that American forces completed a wave of strikes against Iran intended to degrade Iran’s “ability to attack civilian mariners and commercial ships freely transiting the Strait of Hormuz.”

CENTCOM also stated that they had hit dozens of targets across multiple cities, including Iranian military air defense systems, radar sites, small boats, and missile and drone capabilities.

CENTCOM added that precise munitions, fighter aircraft, aerial drones, and naval vessels were all utilized in the operation and asserted that US forces are postured and prepared to ensure the Strait of Hormuz remains open for commercial shipping, “despite Iran’s continued unwarranted aggression, harassment, threats, and arbitrary declarations.”

Iran launches attacks at Bahrain, Jordan, Kuwait

In response, Iran launched attacks against American military infrastructure across the region, triggering sirens in Bahrain, Jordan, and Kuwait. 

Jordan’s military said that it had shot down four missiles launched from Iran, as Kuwait engaged with “hostile aerial targets” in its airspace and citizens in Bahrain took shelter against incoming attacks three times on Monday. 

In a Monday statement published by Iran’s Mehr news outlet, the Islamic Revolutionary Guard Corps (IRGC) claimed that it had targeted US military facilities in Bahrain and destroyed radar systems in Oman during the attacks. 

Goldie Katz contributed to this report.

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WASHINGTON — Health secretary Robert F. Kennedy Jr. is pressing forward with his effort to help Americans stop taking psychiatric drugs, a medical practice known as deprescribing.

Earlier this month, dozens of mental health professionals met with federal health officials to map out forthcoming clinical guidance they hope will help providers instruct patients on how to come off of antidepressant medications. While the Department of Health and Human Services has discussed plans to hold such a meeting, the outlines of the discussion haven’t been reported.

During those talks, they reviewed guidance from European nations and worked on recommendations for nonmedication-based options for patients to address their mental health, such as therapy. A senior HHS official said they discussed gaps in the research around deprescribing SSRIs, including the side effects a person may experience, which vary depending on the drug and how long the person was on it, and how to recognize the difference between those side effects and a return of a patient’s depressive symptoms.

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LONDON — When researchers started planning a pancreatic cancer conference here, the aim was to simply offer a counterpart to a regular U.S. meeting, where international scientists and doctors could discuss the latest developments in the specialty. 

Then came the biggest shake-up in pancreatic cancer care in decades. 

“It’s one of those moments,” Talia Golan, an oncologist at Israel’s Sheba Medical Center, said on a panel that conference organizers hastily added to the schedule centered on a new pancreatic cancer drug. She likened the medicine’s recent clinical trial performance to other milestones in cancer treatment such as the arrival of the first checkpoint inhibitors. 

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On three of my last seven flights, a request came over the cabin speakers: “Is there a doctor on board?” Like many physicians, I responded automatically.

What struck me afterward was not the frequency of those requests but how unremarkable the whole process seemed — to the crew, to other passengers, and, eventually, to me. None of the patients were in cardiac arrest. The complaints were the kind that fill any urgent care waiting room on a Tuesday afternoon: dizziness, nausea, feeling faint, generalized malaise.

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In 2018, Kristine Fifer was lucky to avoid bankruptcy. 

Her son, Eddie, had lost the nurse provided to him by the state after he turned 22. Maryland health officials told Fifer that he didn’t qualify for nursing care, even though Eddie’s cerebral palsy, feeding tube, and other complex medical conditions require around-the-clock care. Fifer spiraled as she sought to pay for the care Eddie needed. She lost her job, took on heaps of debt as bills piled up, and eventually called a lawyer about filing for bankruptcy. 

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Across the United States, the shortage of forensic pathologists has reached a critical level. According to the National Association of Medical Examiners (NAME), only about 850 forensic pathologists are currently practicing nationwide — roughly 400 fewer than the number needed to meet today’s demands, as more than 3 million Americans die each year.

With the increased demand for autopsies and medicolegal death investigations, many states are facing delays in cases that impact justice and public health. In some regions, a single medical examiner may oversee hundreds of deaths each year, leading to bottlenecks that can slow criminal cases, complicate insurance claims, and leave families waiting months and sometimes years for answers.

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