5 Israel soldiers killed in Gaza as Trump asserts ‘things are going along very well'
Two of the soldiers 'fell during combat in the northern Gaza Strip', the Israeli military said in a statement, adding that three others were killed and two severely wounded in the same incident.
The wounded soldiers were 'evacuated to a hospital to receive medical treatment and their families have been notified', the military said.
The latest round of negotiations on the nearly two-year war in Gaza began on Sunday in Doha, with representatives of Israel and Palestinian militant group Hamas seated in different rooms in the same building. Monday's talks ended with 'no breakthrough', a Palestinian official familiar with the negotiations told AFP.
The Hamas and Israeli delegations were due to resume talks, with US President Donald Trump's special envoy Steve Witkoff also set to join them this week in an effort to secure a ceasefire.
READ | Trump hosts Netanyahu to discuss 'good chance' of Gaza ceasefire
The US proposal included a 60-day truce, during which Hamas would release 10 living hostages, taken during its October 2023 attack on Israel, and several bodies in exchange for Palestinians detained by Israel, two Palestinian sources close to the discussions earlier told AFP.
Hamas was also demanding certain conditions for Israel's withdrawal, guarantees against a resumption of fighting during negotiations, and the return of the UN-led aid distribution system, they said.
Trump hosted Benjamin Netanyahu for dinner at the White House on Monday as he pressed the Israeli prime minister to end the devastating Gaza war.
Netanyahu's third visit since Trump's return to power comes at a crucial time, with the US president hoping to capitalise on the momentum from a recent truce between Israel and Iran.
'I don't think there is a hold-up. I think things are going along very well,' Trump told reporters at the start of the dinner when asked what was preventing a peace deal.
Sitting on the opposite side of a long table from the Israeli leader, Trump also voiced confidence that Palestinian group Hamas was willing to end the conflict in Gaza, which is entering its 22nd month.
'They want to meet and they want to have that ceasefire,' Trump told reporters at the White House when asked if clashes involving Israeli soldiers would derail talks.
Mostafa Alkharouf/Anadolu via Getty Images
The meeting in Washington came as Israel and Hamas held a second day of indirect talks in Qatar on an elusive ceasefire.
Netanyahu, meanwhile, said he had nominated Trump for the Nobel Peace Prize - the US president's long-held goal - presenting him with a letter he sent to the prize committee.
'He's forging peace as we speak, in one country, in one region after the other,' Netanyahu said.
But Netanyahu was more cagey on peace with the Palestinians and ruled out a full Palestinian state, saying that Israel will 'always' keep security control over the Gaza Strip.
'Now, people will say it's not a complete state, it's not a state. We don't care,' Netanyahu said.
Several dozen protesters gathered near the White House as Trump and Netanyahu met, chanting slogans accusing the Israeli prime minister of 'genocide'.
Trump has strongly backed key US ally and fellow conservative Netanyahu, lending US support in Israel's recent war by bombing Iran's key nuclear facilities.
But at the same time, he has increasingly pushed for an end to what he called the 'hell' in Gaza. Trump said on Sunday he believes there is a 'good chance' of an agreement this coming week.
'The utmost priority for the president right now in the Middle East is to end the war in Gaza and to return all of the hostages,' White House Press Secretary Karoline Leavitt said.
Leavitt said Trump wanted Hamas to agree to a US-brokered proposal 'right now' after Israel backed the plan for a ceasefire and the release of hostages held in Gaza in exchange for Palestinian prisoners.
The latest round of negotiations on the war in Gaza began on Sunday in Doha, with representatives seated in different rooms in the same building.
Monday's talks ended with 'no breakthrough', a Palestinian official familiar with the negotiations told AFP.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
30 minutes ago
- Yahoo
New Council of Economic Advisers report finds tariffs not causing inflation
FIRST ON FOX: A new report from the Council of Economic Advisers (CEA) found that the prices of imported goods have fallen this year and have dipped faster than overall goods prices since February. The CEA, an agency within the Executive Office of the President, said its findings contradict claims that the Trump administration's tariffs on many countries around the world or fears sparked by the levies would lead to a rise in inflation. The report breaks down the Personal Consumption Expenditure (PCE) Price Index, which is an inflation gauge watched closely by the Federal Reserve and financial markets, and the Consumer Price Index (CPI), which is an inflation gauge most commonly used by the public, into imported and domestic components. Trump Announces 25% Tariffs On Japan, South Korea Overall goods prices in the PCE index jumped by 0.4% from December through May, which corresponds to a 1% annualized rate, according to the CEA report. Meanwhile, the imported component of PCE goods prices dropped by 0.1% during that same time period. "CEA's directional findings using this method of analyzing the PCE are consistent across core goods (excluding food and energy), durables (which last for at least three years), and nondurables," the report reads. "The import contribution to inflation includes both the direct impact of imported final goods for consumption and indirect effects of imported intermediate inputs." Read On The Fox Business App The report said similar analysis for the CPI showed that imported goods dipped 0.8% while overall goods prices remained flat. Trump Threatens Additional 10% Tariffs On 'Anti-american' Brics Nations There are several differences between PCE and CPI inflation, such as scope of products included and weighting methodologies, according to the report, which argued that finding a similar pattern for CPI highlights the robustness of the results. The CEA report said it compared the imported subindex to overall prices from December through May to capture the effects of President Donald Trump's policies in his second administration. "The results clearly show the price of imported components declining, starting in March, while overall prices were close to unchanged or increased slightly," the report reads. "Cumulatively, overall PCE prices have increased by about 1.1% since December compared to about 0.2% for PCE import prices. However, those values include pricing for services, which tend to have lower import intensity, so the divergence could be due to stickier services prices." The CEA also acknowledged that its analysis "does not identify the counterfactual in which tariffs are not instituted." "Goods and imported goods prices started to diverge towards the end of 2023, and have continued since," the report says. "Importantly, there is no clear trend break so far this year. This analysis suggests that tariffs have not reduced the disinflationary impulse from imported goods as of May."Original article source: New Council of Economic Advisers report finds tariffs not causing inflation Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Vox
30 minutes ago
- Vox
Trump cut the National Weather Service. Did that impact Texas flood warnings?
In the wake of deadly flooding in Texas, my colleague Noel King, who cohosts the Today, Explained podcast spoke with CNN senior climate reporter Andrew Freedman about what we know about the impact of cuts to the National Weather Service and what those cuts could mean for future disasters. This conversation originally appeared on the Today, Explained podcast and was featured in the Today, Explained newsletter, which you can subscribe to here. Below is an excerpt of their conversation, edited for length and clarity. There's much more in the full podcast, so listen to Today, Explained wherever you get podcasts, including Apple Podcasts, Pandora, and Spotify. What do we know about [the two weather forecasting offices in Texas]? Were they fully staffed? The term that I would use is they were 'adequately staffed.' They were staffed to the extent that most offices would be staffed overnight during the night of the horrible, tragic flooding. They each are missing some employees. In the case of the Austin/San Antonio office, they're missing a warning coordination meteorologist and a science and operations officer. Both of those positions were opened up because people took early retirement under the Trump administration's program to try to get people to reduce the size of the federal government. And then the office in San Angelo, Texas, is missing a meteorologist in charge. So that's like the top meteorologist for the office. These staff cuts in those two particular offices do not seem to have had a major impact or even a very clear impact on the way the weather service performed during this event. What I think I'm hearing is that your reporting does not seem to suggest at this point that the disaster in Texas was caused by the Trump administration cuts. Am I hearing that right? You are hearing that right. The missing warning coordination meteorologist in the Austin office…that's the biggest question. Because that position is somebody who interacts with emergency managers who are then responsible for warning the community. But when I've talked to sources, they basically are saying it probably did not affect the timeliness of the warnings, the tone of the warnings, which ratcheted up very quickly, as well as how early they caught on to this event possibly taking place. Do we know why that top meteorologist position in San Angelo was unfilled? I don't know specifically offhand. However, there are offices around the country that are without their meteorologist-in-charge. The National Weather Service lost about 600 people. They did get hit hard by DOGE cuts. What's happened with these cuts is they're losing the most experienced people. The people who are near retirement age are taking these packages and are leaving. And then you have to train up people who are coming in, and they don't have the same level of experience. But there is one point that's really important here because the cuts have been so deep around the country: This is a question that's going to come up at every single disaster that takes place. Because the meteorologists that I've been talking to in the broader community are basically telling me this doesn't seem to be the event that vacancies caused a tragedy. But mark my words that that will happen at some point if this isn't addressed. What are your sources worried about? They're concerned about hurricane season. This event actually was the remnants of Tropical Storm Barry. And that rained out over inland Texas. We also just had Tropical Storm Chantal that made landfall in South Carolina and is causing flooding today and caused flooding over the weekend. So it's just this sense in the community that they're really stretched thin, that people are working longer shifts, people are working six-day weeks. When a disaster hits, FEMA is often there to pick up the pieces, to help clear up the wreckage. The Trump administration has also made cuts to FEMA. Do we know how broad those are? The cuts to FEMA are quite broad. They really are quite deep. The administration has talked about getting rid of FEMA after the hurricane season. However, they pretty much kind of stopped that process as hurricane season came upon us. These cuts are being made to the National Weather Service, FEMA, in the name of cost savings. Does this actually save money? That's a very good question. I don't know that I can answer that conclusively here. I can tell you, though, that there are enormous economic benefits to accurate weather forecasts. Studies have shown savings of billions of dollars with more accurate hurricane track forecasts, for example.
Yahoo
30 minutes ago
- Yahoo
Stock market today: Dow, S&P 500, Nasdaq wobble as Trump's deadline delay gives hope of trade deals
US stocks wobbled on Tuesday as Wall Street weighed President Trump's threat of stiff tariffs on key trading partners against his reprieve on the return of sweeping "Liberation Day" duties. The S&P 500 (^GSPC) fell 0.2%, while the Dow Jones Industrial Average (^DJI) fell 0.4%. The tech-heavy Nasdaq Composite (^IXIC) retreated 0.1%, on the heels of a losing start to the week for the major gauges. Stocks were little changed as markets look for the positive in Trump's latest trade policy shifts. He has moved his July 9 deadline for the resumption of "reciprocal" tariff rates to Aug. 1, giving countries three extra weeks to negotiate trade deals with the US. The president said late Monday that the Aug. 1 deadline was "firm, but not 100% firm" and that he's open to extensions if countries make proposals. That provided fuel for the "TACO" trade — the idea that "Trump always chickens out," or that he will eventually dial back on his trade threats. Read more: The latest on Trump's tariffs Stock benchmarks in Japan and South Korea closed higher on Tuesday, despite Trump's threat to start imposing 25% duties on imports from those countries in August. Another 12 US trading partners received letters laying out tariffs of up to 40% on Monday, with Malaysia, South Africa, and Indonesia among them. The letters said the rates could be adjusted if countries tailor their trade policies as the US wants. In response, South Korea said it would kick trade negotiations with the US into high gear, adding that it considered the new date an extension of a grace period. "The president may send more letters in the coming days and weeks," the White House said in a statement. Meanwhile, Amazon (AMZN) is set to kick off its Prime Day deals later, with investors on watch for signs that tariff costs are pushing up price tags. The e-commerce giant has extended the event to four days this year. Elsewhere, Wall Street expects a quiet week in terms of economic releases and earnings. Minutes from the Federal Reserve's June meeting are due on Wednesday, while Delta's (DAL) results on Thursday signal the return of earnings season. Circle (CRCL) shares dipped as much as 4% before paring losses on Tuesday after a Wall Street analyst flagged growing risks from rising competition and looming interest-rate cuts that could take a bite out of the stablecoin issuer's revenue. The stock has surged more than 500% since Circle's public debut last month at $31 per share, buoyed by optimism around the broader adoption of asset-backed digital tokens. But Mizuho analysts pushed back on the bullish outlook, initiating coverage with an Underperform rating and a $85 price target, compared with its recent levels above $200 a share. Circle makes much of its money from interest income — specifically from the short-term treasury bills that underpin its stablecoin, USDC. "We believe consensus does not fully account for looming interest rate cuts, and also overstates USDC's medium-term growth potential," wrote Mizuho managing director Dan Dolev and his team. Dolev also pointed to rising distribution costs as Circle shares a portion of its reserve income partners like Coinbase (COIN). The analysts also pointed out last months' passage of the GENIUS Act, legislation aimed at creating regulatory guardrails for the industry, could be the catalyst that brings competing stablecoins to the market. Stocks were little changed Tuesday as investors awaited further trade developments after President Trump sent tariff letters to 14 countries and extended his deadline for "reciprocal" tariff rates from July 9 to August 1, giving trading partners three more weeks to negotiate. The S&P 500 (^GSPC) rose 0.1%. The Dow Jones Industrial Average (^DJI) fell slightly. The tech-heavy Nasdaq Composite (^IXIC) edged up 0.3%, on the heels of a losing start to the week for the major gauges. Tesla stock (TSLA) rose 1% after sinking more than 6% in the prior session as CEO Elon Musk announced his intention to start a new third political party in the US. Tesla stock (TSLA) rose 1% in premarket trading on Tuesday. However, it remains below the key 50-day, 100-day, and 200-day moving averages, according to Yahoo Finance analysis. Yahoo Finance's Brian Sozzi writes: Read more here. Reuters reports: Read more here. Solar stocks fell in premarket trading on Tuesday after President Trump issued an executive order directing federal agencies to strictly enforce provisions in the "big, beautiful bill" that would end clean energy subsidies. Under the law and Trump's executive order, only projects that have "a substantial portion of a subject facility" built in the next 12 months can claim tax credits, and the projects must be in service by 2027. Trump also directed the heads of Treasury and Interior to write new guidance in the next 45 days. Sunrun (RUN) fell 7.2%, Enphase (ENPH) dropped 3.4%, and First Solar (FSLR) was down 2.7%. NextEra Energy (NEE) and AES (AES) slid 2.3%. Yahoo Finance's Hamza Shaban reports in today's Morning Brief: Read more here. Meta (META) has hired Ruoming Pang, the head of Apple's (AAPL) artificial intelligence models team, in another setback for the iPhone maker's AI push. Pang is the latest big hire in Meta CEO Mark Zuckerberg's fierce AI headhunting spree, and he was offered a package worth tens of millions of dollars to lure him away from Apple, sources told Bloomberg. Bloomberg reports: Read more here. Earnings: No notable earnings releases. Economic data: NFIB small business optimism (June); NY Fed 1-year inflation expectations (June) Here are some of the biggest stories you may have missed overnight and early this morning: Trump's new tariffs are nearly identical to 'Liberation Day' rates Here's who will benefit most from the Trump tax bill's new SALT cap China warns Trump on tariffs, threatens supply chain payback Apple loses top AI models exec to Meta Japan, South Korea stocks gain as Trump extends tariff deadline Chipmakers may face serious disruption in copper supply: PwC EU rushes to conclude framework trade deal with US Goldman lifts S&P 500 forecasts, sees 6,600 by year's end Here are some top stocks trending on Yahoo Finance in premarket trading: First Solar (FSLR) shares fell 2% on Tuesday before the bell following the announcement on Monday that President Trump's "big, beautiful bill" will end clean energy subsidies for companies like First Solar. Battery provider, SolarEdge Technologies (SEDG), fell 4% and Enphase Energy (ENPH) also dropped 4%. Tesla (TSLA) stock rebounded on Tuesday and was up 1% in premarket trading after closing 6% down on Monday. CEO Elon Musk announced he plans to continue in politics by making the "America Party," despite calls from investors to refocus on running his company. Alaska Airlines (AAL) stock rose 3% after the airline received a positive earnings preview. UBS Securities said in an earnings preview Monday that it expects Alaska Airlines' second quarter earnings per share to be in line with company guidance due to demand stabilizing. Japan and South Korea's stock benchmarks edged higher on Tuesday, despite President Trump's threat of 25% tariff rates in letters sent to the top US trading partners. Analysts suggest markets are cautiously hopeful that the countries can hammer out a trade deal with the US, as Trump has given more breathing space by pushing back the start of tariffs to Aug. 1. Reuters reports: Read more here. Oil dipped early Tuesday morning as investors eyed the impacts of Trump's fast-approaching tariffs, despite the deadline for implementation being pushed until August. In combination with tariff speculation, OPEC+ announced a decision to increase supply in August, further lowering the price of the commodity. Bloomberg reports: Read more here. Circle (CRCL) shares dipped as much as 4% before paring losses on Tuesday after a Wall Street analyst flagged growing risks from rising competition and looming interest-rate cuts that could take a bite out of the stablecoin issuer's revenue. The stock has surged more than 500% since Circle's public debut last month at $31 per share, buoyed by optimism around the broader adoption of asset-backed digital tokens. But Mizuho analysts pushed back on the bullish outlook, initiating coverage with an Underperform rating and a $85 price target, compared with its recent levels above $200 a share. Circle makes much of its money from interest income — specifically from the short-term treasury bills that underpin its stablecoin, USDC. "We believe consensus does not fully account for looming interest rate cuts, and also overstates USDC's medium-term growth potential," wrote Mizuho managing director Dan Dolev and his team. Dolev also pointed to rising distribution costs as Circle shares a portion of its reserve income partners like Coinbase (COIN). The analysts also pointed out last months' passage of the GENIUS Act, legislation aimed at creating regulatory guardrails for the industry, could be the catalyst that brings competing stablecoins to the market. Stocks were little changed Tuesday as investors awaited further trade developments after President Trump sent tariff letters to 14 countries and extended his deadline for "reciprocal" tariff rates from July 9 to August 1, giving trading partners three more weeks to negotiate. The S&P 500 (^GSPC) rose 0.1%. The Dow Jones Industrial Average (^DJI) fell slightly. The tech-heavy Nasdaq Composite (^IXIC) edged up 0.3%, on the heels of a losing start to the week for the major gauges. Tesla stock (TSLA) rose 1% after sinking more than 6% in the prior session as CEO Elon Musk announced his intention to start a new third political party in the US. Tesla stock (TSLA) rose 1% in premarket trading on Tuesday. However, it remains below the key 50-day, 100-day, and 200-day moving averages, according to Yahoo Finance analysis. Yahoo Finance's Brian Sozzi writes: Read more here. Reuters reports: Read more here. Solar stocks fell in premarket trading on Tuesday after President Trump issued an executive order directing federal agencies to strictly enforce provisions in the "big, beautiful bill" that would end clean energy subsidies. Under the law and Trump's executive order, only projects that have "a substantial portion of a subject facility" built in the next 12 months can claim tax credits, and the projects must be in service by 2027. Trump also directed the heads of Treasury and Interior to write new guidance in the next 45 days. Sunrun (RUN) fell 7.2%, Enphase (ENPH) dropped 3.4%, and First Solar (FSLR) was down 2.7%. NextEra Energy (NEE) and AES (AES) slid 2.3%. Yahoo Finance's Hamza Shaban reports in today's Morning Brief: Read more here. Meta (META) has hired Ruoming Pang, the head of Apple's (AAPL) artificial intelligence models team, in another setback for the iPhone maker's AI push. Pang is the latest big hire in Meta CEO Mark Zuckerberg's fierce AI headhunting spree, and he was offered a package worth tens of millions of dollars to lure him away from Apple, sources told Bloomberg. Bloomberg reports: Read more here. Earnings: No notable earnings releases. Economic data: NFIB small business optimism (June); NY Fed 1-year inflation expectations (June) Here are some of the biggest stories you may have missed overnight and early this morning: Trump's new tariffs are nearly identical to 'Liberation Day' rates Here's who will benefit most from the Trump tax bill's new SALT cap China warns Trump on tariffs, threatens supply chain payback Apple loses top AI models exec to Meta Japan, South Korea stocks gain as Trump extends tariff deadline Chipmakers may face serious disruption in copper supply: PwC EU rushes to conclude framework trade deal with US Goldman lifts S&P 500 forecasts, sees 6,600 by year's end Here are some top stocks trending on Yahoo Finance in premarket trading: First Solar (FSLR) shares fell 2% on Tuesday before the bell following the announcement on Monday that President Trump's "big, beautiful bill" will end clean energy subsidies for companies like First Solar. Battery provider, SolarEdge Technologies (SEDG), fell 4% and Enphase Energy (ENPH) also dropped 4%. Tesla (TSLA) stock rebounded on Tuesday and was up 1% in premarket trading after closing 6% down on Monday. CEO Elon Musk announced he plans to continue in politics by making the "America Party," despite calls from investors to refocus on running his company. Alaska Airlines (AAL) stock rose 3% after the airline received a positive earnings preview. UBS Securities said in an earnings preview Monday that it expects Alaska Airlines' second quarter earnings per share to be in line with company guidance due to demand stabilizing. Japan and South Korea's stock benchmarks edged higher on Tuesday, despite President Trump's threat of 25% tariff rates in letters sent to the top US trading partners. Analysts suggest markets are cautiously hopeful that the countries can hammer out a trade deal with the US, as Trump has given more breathing space by pushing back the start of tariffs to Aug. 1. Reuters reports: Read more here. Oil dipped early Tuesday morning as investors eyed the impacts of Trump's fast-approaching tariffs, despite the deadline for implementation being pushed until August. In combination with tariff speculation, OPEC+ announced a decision to increase supply in August, further lowering the price of the commodity. Bloomberg reports: Read more here. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
