Latest news with #Israel-HamasWar
New York Post
13 hours ago
- Politics
- New York Post
President Trump predicts Gaza ceasefire ‘within the next week'
President Donald Trump predicted there will be a ceasefire in Gaza sometime 'within the next week.' Speaking with reporters in the Oval Office on Friday, Trump called the situation in Gaza a 'terrible situation' but expressed optimism there could soon be a ceasefire between Israel and Hamas. 'I think it's close. I just spoke with some of the people involved,' said the president, adding, 'We think within the next week we're going to get a ceasefire.' Trump also addressed the ongoing humanitarian crisis in Gaza, saying, 'we're supplying, as you know, a lot of money and a lot of food to that area because we have to, I mean, you have to. In theory we're not involved in it, but we're involved because people are dying.' He called on other countries to also send humanitarian aid to Gaza. 'You see the the lines of people just to get one meal, essentially. But it's too bad other countries aren't helping out,' he said. 'Nobody's helping out where we're doing that because I think we have to on a humanitarian basis,' he went on. President Trump says a ceasefire in the Israel-Hamas War could occur sometime next week. AP 'I look at those crowds of people that have no food, no anything. And, you know, we're the ones that are getting it there. Some of it's being taken by some bad people, you know, as you give it and you give it out, and they're supposed to be taking care of the people, and they end up stealing the food and selling it. But we have a pretty good system now, so we're helping with that.' Trump told reporters that while the situation in Gaza is terrible, there is still hope that a ceasefire can happen. APAImages/Shutterstock 'We're working on Gaza, trying to get it taken care of and again, you know, a lot of lot of food has been sent there. And other countries throughout the world should be helping also,' he said. This comes after Trump authorized U.S. strikes on three Iranian nuclear development sites and subsequently declared a ceasefire between Israel and Iran, ending what he called 'the Twelve Day War.' President Trump also took a number of questions on other matters, including one on Ukraine weapons, where he said he 'may' authorize Patriot missiles for Ukraine's air defenses.
New York Post
2 days ago
- New York Post
Israeli-American rescued after stumbling across remote village while missing in Himalayas for 9 days
An Israeli-American hiker was rescued following a harrowing 9-day disappearance in the Himalayas when he miraculously came across a remote village and was finally able to reach the mainland. Samuel Vengrinovich, who reportedly grew up in California and has family in Florida, moved from Israel to India after 15 years to escape the Israel-Hamas War. He embarked on what was intended to be a two-day journey along Mount Triund on June 9. Advertisement 3 Samuel Vengrinovich was lost in the Himalayas for nine days. GoFundMe Vengrinovich set out on the hike as part of a healing mission to lessen the pain he still felt from Hamas' Oct. 7, 2023 attack on Israel that sparked the war, his friend wrote in The Times of Israel. Early one during his trip, he became lost when dense fog rolled into the area. Advertisement He veered far off course and plummeted over the edge of the mountainside. He sustained multiple fractures and survived off of nothing but insects, berries, grass and even his own urine for sustenance. Vengrinovich was stranded in the unfamiliar mountain range with the bulk of his supplies still at his camp. 3 Vengrinovich found his way back into civilization after encountering a remote village. GoFundMe Advertisement He only brought one day's worth of food in his backpack, his sister told JWeekly. All the while, his family in Florida launched a campaign to try and find him in hopes of bringing him home in one piece, according to their GoFundMe. On June 15, Vengrinovich found a village hidden in the depths of the Himalayas. From there, he was able to reach his rescuers and was treated for his many injuries. 3 Vengrinovich initially planned to go on a two-day journey along Mount Triund. GoFundMe Advertisement However, Vengrinovich's lifesaving surgeries weren't covered by insurance, the family said. The GoFundMe, originally intended to help the family hire search teams to look for Vengrinovich, is still active and collecting funds intended to help with his recovery and defer other costs, including a long overdue flight home to Florida.
Business Times
3 days ago
- Business
- Business Times
Why global imbalances do matter
NOBODY can know either the future course of the new war in the Middle East or its possible economic effects. I wrote what I could on this in a column entitled The Economic Consequences of the Israel-Hamas War, on Oct 31, 2023. The big question, I argued, was whether the conflagration would extend to oil-related production and transport from the Gulf region. This region contains 48 per cent of global proved reserves and produced 33 per cent of the world's oil in 2022. It also has a chokepoint on exports at the Strait of Hormuz. These realities remain. The question is now mostly about Donald Trump: Does he know how to end this war? It is a question raised in other areas, too, notably the interaction of his trade policy with his fiscal policy. The aim of the former is to reduce, if not eliminate, trade deficits. The aim of the latter is to run huge fiscal deficits. These two objectives are incompatible. Large external deficits mean, by definition, that the country is spending more than its income. Since the US economy is running close to its potential, with an unemployment rate at only 4.2 per cent, no quick way to raise incomes still further exists. So reducing the external deficit will require reductions in national spending. The obvious way to do this would be with a sustained lowering of the fiscal deficit, via higher taxes and lower spending commitments. That would allow the Federal Reserve to lower interest rates, which Trump would welcome. It should also weaken the dollar, which should help increase production of tradeable goods and services. So, apart from the fact that Trump adores low taxes and high spending, why not go for this? The answer is that it could be worse than just politically difficult. The issue is illuminated by examination of sectoral savings and investment balances in the US economy since the early 1990s. Crucially, these have to add to zero, because domestic savings plus net foreign savings (that is, the net capital inflow) equals domestic investment. On average, the US household and corporate sectors had surplus savings of 3.5 per cent and 1.6 per cent of gross domestic product, respectively, from 2008 to 2023. Even from 1992 to 2007, they were close to balance. So, on a net basis, the US private sector does not need foreign savings. The dominant net borrower in the US economy is the federal government. This analysis suggests that the benefit to the US of its persistent net capital inflows is the ability to have a larger fiscal deficit, and so grow its public debt. This does not look like a good bargain. But if the government cut its deficit, while the external inflow continued, the outcome could be to drive the private sector into deficit, either via a slump in its income or a surge in its spending. The former means a recession. The latter means asset price bubbles. Broadly, the tendency for large and sustained inflows of foreign capital to produce wasteful borrowing, slumps, or both, is the biggest problem it creates. In a recent paper on the issue for the Carnegie Endowment, Michael Pettis and Erica Hogan focus on another downside: they argue that suppression of consumption in China and other countries leads to huge trade surpluses and so to large deficits abroad. Countries running these trade deficits, such as the US and UK, end up with smaller manufacturing sectors than those with surpluses. But, Paul Krugman argues, even eliminating the US trade deficit would only increase US manufacturing value added by 2.5 percentage points of GDP. Trade imbalances themselves are not so important. 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 Pettis and Hogan also show that the size of the manufacturing sector is associated with the level of savings. But the difference between the Chinese and US average shares of manufacturing in GDP between 2012 and 2022 is 17 percentage points (28 per cent in China to 11 per cent in the US). This is far bigger than the gap between the respective trade balances. The explanation must lie with the composition of demand. The investment that the high savings finance creates heavier demand for manufactured goods than does consumption. In sum, the main reason to worry about global trade imbalances is not the impact on manufacturing, which, for a country like the US, is a second order issue, but rather on financial stability. This is also why fiscal adjustment needs to be a co-operative venture when the participants are such big economies. Americans who focus on the fiscal deficit alone ignore its impact on global demand. The US is likely to fail to cut its external deficit just by raising tariffs, unless protection is set at totally prohibitive levels. Otherwise tariffs just shift the composition of production, from exportables towards import substitutes, with little effect on the trade balance. Yet if it tried, instead, to close its external deficit by eliminating its fiscal deficits, it could generate a significant economic slowdown. The US is not a small country: it has to take global repercussions into account. If it wants to accelerate a global discussion of imbalances with a policy intervention, the obvious one would not be tariffs but a tax on capital inflows. That would at least target excess foreign lending, though the entity that needs to wean itself off that is the US government. This might, if launched, lead to a global discussion of the kind discussed in a thoughtful paper by Richard Samans for the Brookings Institution. The discussion, he suggests, should focus on fiscal, monetary, development and international trade policies. This makes sense. But it also assumes an intelligent and co-operative approach to policy. That looks unlikely. Brandishing a stick can launch a global debate. But it is what follows the threats that matters. FINANCIAL TIMES
Epoch Times
06-06-2025
- Politics
- Epoch Times
Group Targeted in Boulder Attack Undeterred as Support Builds, Leader Says
The group victimized in an anti-Semitic attack plans to return undaunted to the scene of the Boulder, Colorado, firebombing—and is emerging stronger worldwide, an organizer said. 'Leaders are going to go out this weekend and hold their regularly scheduled walk, maybe with more security,' Shira Weiss, global coordinator of the 'Run for Their Lives' group, told The Epoch Times. The group was formed shortly after the Hamas terrorist ambush of Israel on Oct. 7, 2023, launching the Israel-Hamas War. As the war persists, more than 50 people remain captive, Weiss said, and the apolitical, nonpartisan group has gathered weekly ever since. 'Unfortunately, this awful event and attack has actually strengthened the initiative ... and we've actually gotten a really big uptick in new people wanting to stand up new chapters,' Weiss said, noting the group includes more than 230 chapters worldwide. The Boulder attack marked 'the first-ever attack on any of our groups,' she said. Initially, the group 'paused all walks' while organizers evaluated safety considerations, Weiss said. 'Once we figured out that it was an isolated incident, we allowed the group leaders to resume their walks if they wanted to,' she said. Run for Their Lives has received an outpouring of support, Weiss said, with many people urging the organization to continue its work. A Denver group has planned 'to walk in solidarity' with the Boulder group on Sunday, she said. Some news coverage of the group's activities has been inaccurate, she said. 'I wouldn't even call it a 'march,'' she said. 'It's literally a walk of about 20 minutes,' sometimes sandwiched between a few short remarks. For example, participants 'might read the names of the hostages,' or profile one of them and 'tell the story of who they are and where they came from,' Weiss said. The walk in Boulder on Sunday will be followed by the 30th annual Boulder Jewish Festival, according to an The festival and the Run for Their Lives observance will be held at the city's Pearl Street outdoor mall, where an Egyptian national was arrested for allegedly injuring more than a dozen people with explosives and a makeshift flamethrower. The defendant, Mohammed Sabry Soliman, 45, is Attendees can expect 'a thoughtfully reimagined version' of the festival, with 'enhanced security protocols,' the announcement said, adding, 'these are precautionary measures and not based on any known threat.' 'Our program and planned experiences will bring us together as a community at a time when nothing could be more important,' festival organizers wrote. 'We recognize that each one of us holds a range of emotions—from fear to pride, from anger to the joy of being part of the Boulder Jewish community. With this festival, we hope to provide the space and opportunity for all to show up authentically.' However, news of the planned Colorado gatherings comes as one of America's largest Jewish gatherings canceled its conference because of escalating anti-Semitic threats in Texas. On June 5, four days after the Boulder attack, organizers of The Israel Summit announced that its Dallas-area gathering 'has become the latest casualty of growing hostility toward public support for Israel in the United States,' according to a news release that David Friedman, former U.S. ambassador to Israel, Friedman said he had been scheduled to speak at the summit, and that more than 1,000 attendees were expected. 'Law enforcement was completely cooperative but the threats were of a nature that required cancellation,' Friedman wrote in his post. 'When [President Donald Trump] says we need to take our country back, this is a good example of what he means!' Friedman served as ambassador from 2017–2021, during Trump's first presidency.
Yahoo
06-06-2025
- Politics
- Yahoo
Man with ‘anarchy' button scrawls antisemitic graffiti on NYC Jewish art museum
A man sporting an 'anarchy' button is being sought for scrawling the word 'Gaza' on a Greenwich Village Jewish art museum, police said Friday. The vandalism comes amid continued strife in the Middle East and a jump in antisemitic attacks throughout the country. Workers at the Dr. Bernard Heller Museum on W. 4th St. near Broadway found the graffiti written on their door sometime after 10 p.m. on May 26. The art museum explores Jewish history and culture, sharing space with the Hebrew Union College, officials said. Building officials reviewed surveillance footage and found a disheveled man sporting a button with what appears to be the anarchy symbol — an 'A' within an 'O.' No arrests have been made. Cops released an image of the graffiti vandal Friday in the hopes someone recognizes him. Members of the NYPD Hate Crime Task Force are investigating. If he's arrested, the vandal could be facing a charge of criminal mischief as a hate crime. The vandalism comes as the NYPD ramps up patrols at Jewish sites throughout the city following violent antisemitic attacks at a Jewish museum in Washington D.C. that left two Jewish embassy workers dead and a flamethrower attack on Jewish marchers in Boulder, Colorado. 'We're witnessing a global campaign of intimidation and terror deliberately directed against the Jewish people,' Anti Defamation League CEO and National Director Jonathan Greenblatt said in a statement following Sunday's flamethrower attack. 'Sadly, none of this is surprising. In fact, it's entirely predictable. This is precisely where anti-Jewish incitement leads. This is exactly what vicious anti-Zionism enables. Elected officials, community groups, media platforms, faith leaders — they all need to commit to taking action before this crisis escalates even further.' The NYPD has seen an uptick in antisemitic crimes in the city since the beginning of the Israel-Hamas War on Oct. 7, 2023. Mayor Adams last month said that displays of antisemitism in New York City since the Hamas war have been 'constant.' While the NYPD saw a 54% drop in anti-Jewish hate crimes in May compared to the same month last year, from 52 to 24, the number of antisemitic incidents amounted to nearly 60% of all hate crimes investigated that month, officials said. Anyone with information regarding the vandalism at the Heller Museum is urged to call NYPD Crime Stoppers at (800) 577-TIPS. All calls will be kept confidential.
