logo
Netanyahu meets Trump at White House as Israel, Hamas discuss ceasefire

Netanyahu meets Trump at White House as Israel, Hamas discuss ceasefire

Straits Times6 hours ago
Sign up now: Get ST's newsletters delivered to your inbox
The two leaders were scheduled to have a private dinner instead of formal talks in the Oval Office.
WASHINGTON/TEL AVIV - President Donald Trump hosted Israeli Prime Minister Benjamin Netanyahu for White House talks on July 7, while Israeli officials held indirect negotiations with Hamas aimed at securing a US-brokered Gaza ceasefire and hostage-release deal.
Mr Netanyahu's visit follows Mr Trump's prediction, on the eve of their meeting, that such an agreement could be reached this week.
Before heading to Washington, the right-wing Israeli leader said his discussions with Mr Trump could help advance negotiations under way in Qatar between Israel and the Palestinian militant group.
It was Mr Trump's third face-to-face encounter with Mr Netanyahu since returning to office in January, and came just over two weeks after the president ordered the bombing of Iranian nuclear sites in support of Israeli air strikes. Mr Trump then helped arrange a ceasefire in the 12-day Israel-Iran war.
Mr Trump and his aides appeared to be trying to seize on any momentum created by the weakening of Iran, which backs Hamas, to push both sides for a breakthrough in the 21-month Gaza war.
He said he also wants to discuss with Mr Netanyahu the prospects for a 'permanent deal' with Iran, Israel's regional arch-foe.
The two leaders were scheduled to have a private dinner instead of formal talks in the Oval Office, where the President usually greets visiting dignitaries. It was not immediately clear why Mr Trump was taking a lower-key approach with Mr Netanyahu this time.
Top stories
Swipe. Select. Stay informed.
World 25% on Japan and Malaysia, 40% on Laos: Trump's tariff letters to Asia add pressure for deals by Aug 1
Business US stocks knocked lower by tariff jitters; Musk's political plan hits Tesla
Multimedia 'I suspect he's cheating': She finds proof when spouses stray
Singapore Eligible S'poreans to get up to $850 in GSTV cash, up to $450 in MediSave top-ups in August
Singapore Singapore's second mufti Sheikh Syed Isa Semait dies at age 87
Singapore Fewer marriages in Singapore in 2024; greater marital stability for recent unions
Singapore Competition watchdog gives SIA, Malaysia Airlines conditional approval to continue cooperation
Singapore About 20 delivery riders meet Pritam Singh to discuss platform worker issues
After arriving overnight in Washington, Mr Netanyahu met earlier on July 7 with Mr Trump's Middle East special envoy Steve Witkoff and Secretary of State Marco Rubio in preparation for his talks with the President. He planned to visit the US Capitol on July 8 to see congressional leaders.
Ahead of the visit, Mr Netanyahu told reporters he would thank Mr Trump for the US air strikes on Iranian nuclear sites, and said Israeli negotiators were driving for a deal on Gaza in Doha, Qatar's capital.
Israeli officials also hope the outcome of the conflict with Iran will pave the way for normalisation of relations with more of its neighbors such as Lebanon, Syria and Saudi Arabia, another issue expected to be on the agenda with Mr Trump.
Second day of Qatar talks
Mr Witkoff, who played a major role in crafting the 60-day ceasefire proposal at the centre of the Qatar negotiations, will travel to Doha this week to join discussions there, White House press secretary Karoline Leavitt told reporters on July 7.
In a sign of continued gaps between the two sides, Palestinian sources said Israel's refusal to allow the free and safe entry of humanitarian aid into Gaza remains the main obstacle to progress in the indirect talks. Israel insists it is taking steps to get food into Gaza but seeks to prevent militants from diverting supplies.
On the second day of negotiations, mediators hosted one round and talks were expected to resume in the evening, the Palestinian sources told Reuters.
The US-backed proposal envisages a phased release of hostages, Israeli troop withdrawals from parts of Gaza and discussions on ending the war entirely.
Hamas has long demanded a final end to the war before it would free remaining hostages; Israel has insisted it would not agree to halt fighting until all hostages are released and Hamas dismantled.
Mr Trump told reporters last week that he would be 'very firm' with Mr Netanyahu on the need for a speedy Gaza deal and that the Israeli leader also wanted to end the war.
Some of Mr Netanyahu's hardline coalition partners oppose halting military operations but, with Israelis having become increasingly weary of the Gaza war, his government is expected to back a ceasefire if he can secure acceptable terms.
A ceasefire at the start of 2025 collapsed in March, and talks to revive it have so far been fruitless. Meanwhile, Israel has intensified its military campaign in Gaza and sharply restricted food distribution.
Gazans were watching closely for any sign of a breakthrough.
'I ask God almighty that the negotiating delegation or the mediators pressure with all their strength to solve this issue, because it has totally became unbearable,' said Mr Abu Suleiman Qadoum, a displaced resident of Gaza city.
The Gaza war erupted when Hamas attacked southern Israel in October 2023, killing around 1,200 people and taking 251 hostages. Some 50 hostages remain in Gaza, with 20 believed to be alive.
Israel's retaliatory war in Gaza has killed over 57,000 Palestinians, according to the enclave's health ministry. Most of Gaza's population has been displaced by the war and nearly half a million people are facing famine within months, according to United Nations estimates.
Mr Trump has been strongly supportive of Mr Netanyahu, even wading into domestic Israeli politics in June by lashing out at prosecutors over a corruption trial against the Israeli leader on bribery, fraud and breach-of-trust charges that Mr Netanyahu denies. REUTERS
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Wartime innovation boosts Israeli defence tech growth, drawing global interest
Wartime innovation boosts Israeli defence tech growth, drawing global interest

Straits Times

time31 minutes ago

  • Straits Times

Wartime innovation boosts Israeli defence tech growth, drawing global interest

Sign up now: Get ST's newsletters delivered to your inbox JERUSALEM - Israeli army reservist Zach Bergerson felt he had to take action when he saw fellow soldiers having to rely on their eyes and ears to detect swarms of enemy drones overhead. So the high-tech professional, 36, developed a wearable device that uses mobile phone technology to warn troops of aerial threats. Like other reservists, Bergerson has leveraged his civilian expertise and military experience to bolster Israel's defence industry. Known as SkyHoop, his startup has since emerged from stealth mode - a period when startups typically work in secrecy - to be piloted in Ukraine with discussions under way for a trial by the U.S. Defense Department. While U.S. President Donald Trump brokers a Gaza ceasefire, Israeli startups like Bergerson's are drawing investment from U.S. and Israeli venture capital firms and looking to build on a growing European market for Israeli defence exports. More than a third of all defence tech startups registered with the country's Startup Nation Central, an organization that tracks Israeli innovation, were created since a deadly Hamas attack on Israel on October 7, 2023, launched the war in Gaza. In June, while Israel attacked Iranian nuclear and ballistic missile targets, their 12-day air war highlighted the efficacy of Israel's aerial defences. Israel successfully intercepted 86% of Iran's ballistic missile launches, the Defence Ministry said. The changing nature of war has led to shifts in defence procurement worldwide. Western armies demand new battle-tested technology, refined by soldiers in combat. Some 20% of Israeli reservists work in the robust high-tech sector. Israeli defence startups have drawn investment from major American venture capital firms that previously avoided the sector as it was considered riskier and mired in regulation. Israeli VC firms have emerged as well to invest in defence. Lital Leshem, an Israeli reservist, in December co-founded Protego Ventures, a fund that has studied some 160 defence companies and raised around $100 million. She expects the fund will invest in around four companies by year's end. 'Reservists are coming out of the battlefield and are actually putting together new companies to solve real problems that they have experienced in real time on the battlefield,' Leshem told Reuters. These companies will face major challenges scaling up to the global market and overcoming regulatory hurdles, Leshem said, but she predicts that, like Israel's cyber industry, it is a field in which Israeli entrepreneurs can thrive. These startups formerly viewed the U.S. as the "holy grail" for their target market, Leshem said, but that is also changing. EYES ON EUROPE Israeli startups are hoping to benefit from Trump's demand that European countries take over from the U.S. more of the burden of defending their continent. Under a new NATO defence spending plan, countries will spend 5% of GDP - up from 2% - on defence. The figure includes 3.5% of GDP on "core defence" such as weapons and troops and 1.5% on security-related investments. Such an increase - to be phased in over 10 years - will mean hundreds of billions of dollars more spending on defence. Israel's defence exports hit a record $14.8 billion in 2024, according to Defence Ministry figures released last month, while exports to Europe comprised more than 50% of these sales, up from 35% in 2023. Despite calls from some countries to boycott Israeli weapons, 'when one side is purchasing, in the end, they want to buy the best product possible,' said Reserve Brigadier General Yair Kulas, head of the Defence Ministry International Defence Cooperation Directorate. Largely as a result of the Russia-Ukraine war, Kulas said, European states are upgrading their militaries, sending older equipment to Ukraine and replacing it with new products, many of them from Israel. Kulas said the story of Israeli weapons exports is also part of a larger global trend. The political backlash is worrisome, Kulas said, because on the one hand Israel's innovation is groundbreaking and world-class but there has been a 'delegitimization of Israel". More than 57,000 Palestinians have been killed, most of them civilians, local health officials have said, in the 21 months since Israel launched its assault on Gaza, displacing the population and leaving the territory in ruins. 'I don't know how it will impact the results in 2025,' Kulas told Reuters. He said it is 'certainly a huge challenge.' Avi Hasson from Startup Nation Central said the surge of new defence startups created by reservists is reminiscent of a technological revolution 20 years ago that would later evolve into smartphones. Startups may prompt larger Israeli defence companies such as Elbit, Rafael and Israel Aerospace Industries to either try to acquire more Israeli startups and help bring them up to scale or develop their own technology at a faster pace. "We are now in a different world," Hasson told Reuters. REUTERS

China's Shein files for Hong Kong IPO to save London listing, FT reports
China's Shein files for Hong Kong IPO to save London listing, FT reports

Straits Times

time31 minutes ago

  • Straits Times

China's Shein files for Hong Kong IPO to save London listing, FT reports

Sign up now: Get ST's newsletters delivered to your inbox The fast fashion giant privately filed a draft prospectus for an initial public offering last week with Hong Kong's exchange, the report said. Bengaluru - China-founded fast-fashion giant Shein has filed for a listing in Hong Kong to accelerate the listing process and pressure Britain's regulators to approve its planned London debut, the Financial Times reported on July 8. The company privately filed a draft prospectus for an initial public offering (IPO) last week with Hong Kong's exchange and sought a regulatory nod from the China Securities Regulatory Commission (CSRC), the report said, citing people familiar with the matter. Reuters could not immediately verify the report. Shein did not immediately respond to a Reuters request for comment. The company filed for a Hong Kong listing partly to pressure the UK regulator into easing its risk disclosure rules and to keep alive for what could be London's biggest IPO in years, the FT report added. Reuters first reported in June that Shein was planning to file a draft prospectus confidentially for its Hong Kong listing, citing three sources with knowledge of the matter. Reuters also reported in May, citing sources, that Shein was working towards a listing in Hong Kong after its proposed London IPO failed to secure the green light from Chinese regulators. If UK's Financial Conduct Authority is willing to accept a CSRC-approved prospectus, London would still be Shein's preferred exchange, the FT report said, adding that chances were still slim, given that the regulators' requirements were still wide apart. . REUTERS Top stories Swipe. Select. Stay informed. World 25% on Japan and Malaysia, 40% on Laos: Trump's tariff letters to Asia add pressure for deals by Aug 1 Singapore Grab to trial driverless shuttle for staff between Media Circle office and one-north MRT station Singapore Ong Beng Seng's new pre-trial conference date set for July 23 Multimedia 'I suspect he's cheating': She finds proof when spouses stray Singapore MRT services resume on 5-station stretch of North-South Line after track fault Asia Thai authorities vow crackdown on cannabis-infused products after toddler hospitalised World Netanyahu says he nominated Trump for Nobel Peace Prize Singapore Fastest charger to be added to Singapore's EV charging network by Q4 in 2025

Singapore, Asia markets mixed at midday as Trump announces tariff rates on 14 countries
Singapore, Asia markets mixed at midday as Trump announces tariff rates on 14 countries

Business Times

timean hour ago

  • Business Times

Singapore, Asia markets mixed at midday as Trump announces tariff rates on 14 countries

[SINGAPORE] Markets in Asia-Pacific were muted on Tuesday (Jul 8) as US President Donald Trump announced tariff rates on 14 countries. Trump hit trading partners such as Malaysia (25 per cent), Indonesia (32 per cent), Cambodia and Thailand (36 per cent), as well as Laos (40 per cent). Japan and South Korea were both dealt with 25 per cent tariffs. 14 countries have been sent these letters so far, Reuters said. Trump said these new tariffs will take effect on Aug 1, after a three-month tariff pause that was to end on Wednesday. US markets have already slumped in response on Monday, with the Dow Jones Industrial Average tumbling more than 400 points, the S&P 500 falling about 0.8 per cent and the Nasdaq declining nearly 1 per cent. At midday, Singapore's Straits Times Index was trading 0.5 per cent up or 18.89 points higher at 4,050.75. Across the broader market, gainers outnumbered losers 255 to 186 with 763.94 million securities worth S$734.21 million traded. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up The trio of local banks were mixed at midday. DBS lost 0.1 per cent to S$45.64. UOB was inched up 0.1 per cent at S$36.47, and OCBC rose 1 per cent to S$16.71. The Hang Seng Index in Hong Kong rose 0.8 per cent to 24,073.04 at 12.11 pm. China's CSI 300 Index, comprising stocks traded on the Shanghai and Shenzhen exchanges, also was up 0.7 per cent to 3,994.36 in the afternoon. In the rest of Asia, Japan's Nikkei 225 edged up 0.3 per cent, while South Korea's Kospi rose 1.2 per cent at midday. Australia's ASX 200 was down 0.07 per cent. Vasu Menon, managing director, Investment Strategy, OCBC, said: 'The expectations that Trump is once again engaged in a negotiating tactic rather than making serious tariff threats, offers hope to investors. There was no big fallout for Asian markets when trading resumed on Jul 8, a day after the White House sent letters to leaders of several countries announcing blanket tariffs ranging from 25 per cent to 40 per cent starting Aug 1.' 'Eventually, the possibility that the tariffs imposed will be nowhere as high as the draconian figures suggested on Apr 2, may bring relief to markets,' he added.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store