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05.02.25 - 13:42
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US-China Trade War Loom Over Markets, Trump Eyes US Control of Gaza | Bloomberg Brief 02/05/2025 (Bloomberg)
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US stock futures point downwards amid disappointing earnings results from Alphabet and AMD. Gold hits a record high as investors sought safe havens while digesting the reality of a US-China trade war. The US postal service stops handling inbound parcels from China and Hong Kong and Apple's app store comes under closer scrutiny in Beijing. The escalating game of chess between the US and China might provide upside down the road for Europe says Monica Defend, Head of the Amundi Investment Institute. Marvin Loh of State Street thinks markets are holding onto an off-ramp and are likely under-appreciating that the tariff genie is out of the bottle. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)...
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18.01.25 - 03:03
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Steve Witkoff: The Real Estate Investor Who Sealed The Gaza Ceasefire (ZeroHedge)
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Steve Witkoff: The Real Estate Investor Who Sealed The Gaza Ceasefire
Via Middle East Eye
On Saturday, Gaza ceasefire talks were down to the wire, and President-elect Donald Trump's Middle East envoy wanted to hash out the deal once and for all with Benjamin Netanyahu, but the Israeli leader's office said he could not be roused during Shabbat.
Steve Witkoff allegedly gave a "salty" reply, making it clear he didn't care if it was the Sabbath, the Jewish day of rest. In the words of one report from Haaretz, Witkoff said Trump expected Israel to agree to the ceasefire, and "things that Netanyahu had termed life-and-death issues…suddenly vanished."
Steve Witkoff stands onstage with President-elect Donald Trump during a campaign rally, via Reuters
So, who is Witkoff, Trump's new man in the Middle East?
Witkoff is a Republican and a billionaire Jewish-American real estate developer. His soft, slightly nasally voice masks his reputation as a hard-charging negotiator who ...
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28.06.24 - 22:48
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Google′s biotech company pulls out of Israel but says Gaza war not the reason (The Guardian)
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Exclusive: Verily says it is refocusing on core products and cutting costs three years after opening research centers in Haifa and Tel AvivGoogle's health and data company, Verily, is closing its operations in Israel three years after opening a research and development center in the country. Verily staff in Israel are expected to leave by the third quarter of 2024. The company cited an effort to refocus its strategy on core products and projects as the reason for the closure.“As part of our ongoing review of business needs, Verily has made the difficult decision to begin the process to close its R&D center in Israel located in both Haifa and Tel Aviv,” a spokesperson for Verily said. “This decision is in keeping with our strategy as we continue to streamline our overall company operations.” Continue reading......
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