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TRUMP AND NETANYAHU TO MEET AMID TRADE WAR ESCALATION

CapitalTimesNews / 1 month

1 min read

President Donald Trump is set to meet with Israeli Prime Minister Netanyahu at the White House, marking his second visit since January. The leaders will discuss Trump’s new tariffs on Israel, the war with Hamas, and other key issues. The meeting comes as US stocks have been extremely volatile, with the S&P 500 entering bear market territory. Trump’s trade policies have sparked fears of a global recession, with the European Union offering to scrap tariffs on industrial goods. Meanwhile, Trump has escalated the global trade war, threatening to slap new 50% tariffs on China if Beijing doesn’t remove its 34% retaliatory tariff by Tuesday. “If China does not withdraw its 34% increase above their already long-term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th,” Trump wrote on Truth Social. This would bring Chinese goods arriving in the US to tariffs of 104%.

ISRAELI SECURITY CABINET APPROVES GAZA CEASEFIRE AND HOSTAGE DEAL

Nicolas Adekeye / 4 months
0
2 min read

Israel’s security cabinet has voted to approve a ceasefire deal to end the fighting in Gaza, just two days after mediators Qatar and the United States announced an agreement had been reached with Israel and Hamas. The 11 voting members of the security cabinet approved the deal with a simple majority vote, and the full 33-member Israeli cabinet will meet later Friday to consider the deal. “After examining all political, security, and humanitarian aspects, and understanding that the proposed deal supports achieving the war objectives,” the security cabinet recommends the government approve the ceasefire deal, according to a statement from Prime Minister Benjamin Netanyahu’s office. The agreement foresees a six-week ceasefire, with a first phase to include the staggered release of 33 hostages held in Gaza and the release of hundreds of Palestinian detainees held in Israel. It also includes a partial Israeli military withdrawal and a surge in humanitarian aid going into the besieged coastal enclave. During the first phase, the sides would begin talks to find a permanent end to the war that began on October 7, 2023, with a surprise attack on southern Israel by Hamas-led militants based in Gaza. That attack killed some 1,200 people and saw 250 taken captive, according to Israeli officials. Israel’s president, Isaac Herzog, has called the agreement the “right move” and urged Prime Minister Benjamin Netanyahu to proceed with it. However, far-right ministers have voiced opposition to the deal, and one has threatened to quit if it goes ahead. Secretary of State Antony Blinken has said that he still expects the ceasefire to take effect on Sunday. If approved by the full Israeli cabinet, the deal would pave the way for its implementation, including the release of the first hostages by Hamas on Sunday. SOURCE: CNN, NPR

GAZA CEASEFIRE DEAL YET TO BE FINALIZED, NETANYAHU’S OFFICE SAYS

Nicolas Adekeye / 4 months

2 min read

A ceasefire deal between Israel and Hamas is yet to be finalized, according to Israeli Prime Minister Benjamin Netanyahu’s office. This comes after multiple mediators claimed that both parties had agreed to a ceasefire in Gaza and the release of dozens of hostages after over 15 months of war. Netanyahu’s office stated that the final details are still being sorted out, with hopes that the details would be worked out Wednesday night. The plan, which still needs approval from Netanyahu’s Security Cabinet and then his full Cabinet, proposes a three-phased agreement. The first phase involves the release of 33 women, children, older adults, and wounded civilians in exchange for hundreds of Palestinian women and children imprisoned by Israel. Soldiers and other male captives would be released in the second phase. According to humanitarian organization CARE, the ceasefire would bring much-needed relief to the hard-hit Gaza Strip, where Israel’s offensive has displaced around 90% of the population of 2.3 million, many at risk of famine. CARE’s Global Humanitarian Director, Deepmala Mahla, emphasized the need for humanitarian access, saying, “Conditions must be created right now to allow humanitarian organisations to safely carry out their work, quickly reach people wherever they are in Gaza, and massively scale up their operations so we can stem the overwhelming tide of suffering.” The Qatari prime minister has stated that the deal is expected to take effect on Sunday, but Israel says the details are still in flux. As the situation continues to unfold, the international community remains hopeful for a peaceful resolution to the conflict.

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TRUMP AND NETANYAHU TO MEET AMID TRADE WAR ESCALATION

ISRAELI SECURITY CABINET APPROVES GAZA CEASEFIRE AND HOSTAGE DEAL

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