NurPhoto/Getty Images
Trump says Israeli hostages will be returned early next week. A day after Israel and Hamas said they had agreed to the first phase of a US-brokered ceasefire in Gaza, President Trump said that Hamas will return the 20 surviving hostages on “Monday or Tuesday” in exchange for Israel releasing hundreds of Palestinian prisoners. Israel’s Cabinet voted last night to formally approve the agreement, which will also see the Israeli military withdraw to a line that leaves it in control of 53% of the Gaza Strip, a spokesperson said. The agreement does not address what’s to come of postwar Gaza and whether Hamas will disarm. Trump plans to travel to the Middle East this weekend to speak to Israel’s Parliament and attend a signing of the agreement in Egypt.
Rare earth stocks soar after China further curbs exports. Several US rare earth mining companies surged by double digits yesterday after China announced it was tightening exports of the metals, which are crucial in the development of the computer chips powering AI and other technologies. Investors speculated that the increased scrutiny of rare earths leaving China would encourage the US to ramp up investment in its own supply chain. China’s move comes ahead of an expected meeting between President Trump and Chinese President Xi Jinping later this month. China has been limiting exports of the important metals in response to Trump’s tariffs.
Tesla is under investigation again. It’s a day that ends in “y,” and so that means Elon Musk’s automaker must be under investigation. The National Highway Traffic Safety Administration is probing Tesla’s Full Self-Driving (FSD) feature after 58 incidents of traffic violations, including cars running red lights and driving on the wrong side of the road while operating in the mode. Tesla says drivers still need to pay attention to the road when FSD is equipped. The investigation follows a slew of government inquiries this year looking at other Tesla features, as well as the company’s crash reporting practices.—AE
No comments:
Post a Comment