
Breaking News Live Updates: US envoy arrives in Israel to monitor Gaza food distribution as humanitarian crisis worsens
Breaking News Live Updates: US President Donald Trump's special envoy Steve Witkoff arrived in Israel on Thursday to discuss the worsening humanitarian situation in Gaza, as the death toll of Palestinians waiting for food and other aid continued to climb. Breaking News Live Updates: US President Donald Trump's special envoy Steve Witkoff arrived in Israel on Thursday to discuss the worsening humanitarian situation in Gaza, as the death toll of Palestinians waiting for food and other aid continued to climb.Witkoff and US Ambassador Mike Huckabee will inspect food distribution in Gaza on Friday, the White House said.At least 91 Palestinians were killed and more than 600 wounded while attempting to get aid in the past 24 hours, the Gaza Health Ministry said Thursday. The victims included 54 people killed while awaiting food in northern Gaza near the Zikim crossing on Wednesday, the ministry said. The toll is expected to rise further as many of those killed or wounded were brought to isolated, undersupplied hospitals in northern Gaza and have not yet been counted.Israel's military said Palestinians surrounded aid trucks and the Israeli military fired warning shots into the crowd, but reported no awareness of injuries resulting from Israeli fire.A security official, who spoke on the condition of anonymity in line with military regulations, said the gunfire came from within the crowd and resulted from altercations between Palestinians attempting to access aid. Show more For weeks, President Donald Trump was promising the world economy would change on Friday with his new tariffs in place. It was an ironclad deadline, administration officials assured the public.But when Trump signed the order Thursday night imposing new tariffs on 68 countries and the European Union, the start date of the punishing import taxes was pushed back seven days so that the tariff schedule could be updated. The change — while potentially welcome news to countries that had not yet reached a deal with the U.S. — injected a new dose of uncertainty for consumers and businesses still wondering what's going to happen and when.Trump has promised that his tax hikes on the nearly $3 trillion in goods imported to the United States will usher in newfound wealth, launch a cavalcade of new factory jobs, reduce the budget deficits and, simply, get other countries to treat America with more respect.The vast tariffs risk jeopardizing America's global standing as allies feel forced into unfriendly deals. As taxes on the raw materials used by U.S. factories and basic goods, the tariffs also threaten to create new inflationary pressures and hamper economic growth — concerns the Trump White House has dismissed. Nvidia chips do not contain "backdoors" allowing remote access, the US tech giant has said, after Beijing summoned company representatives to discuss "serious security issues".The California-based company is a world-leading producer of AI semiconductors, and this month became the first company to hit $4 trillion in market value.But it has become entangled in trade tensions between China and the United States, and Washington effectively restricts which chips Nvidia can export to China on national security grounds."Cybersecurity is critically important to us. Nvidia does not have 'backdoors' in our chips that would give anyone a remote way to access or control them," Nvidia said in a statement Thursday. US President Donald Trump's special envoy Steve Witkoff arrived in Israel on Thursday to discuss the worsening humanitarian situation in Gaza, as the death toll of Palestinians waiting for food and other aid continued to climb.Witkoff and US Ambassador Mike Huckabee will inspect food distribution in Gaza on Friday, the White House said.At least 91 Palestinians were killed and more than 600 wounded while attempting to get aid in the past 24 hours, the Gaza Health Ministry said Thursday. The victims included 54 people killed while awaiting food in northern Gaza near the Zikim crossing on Wednesday, the ministry said. The toll is expected to rise further as many of those killed or wounded were brought to isolated, undersupplied hospitals in northern Gaza and have not yet been counted.Israel's military said Palestinians surrounded aid trucks and the Israeli military fired warning shots into the crowd, but reported no awareness of injuries resulting from Israeli fire.A security official, who spoke on the condition of anonymity in line with military regulations, said the gunfire came from within the crowd and resulted from altercations between Palestinians attempting to access aid.
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Fibre2Fashion
7 minutes ago
- Fibre2Fashion
Trump's penalty talks create unease in Indian textile industry
In what many see as a major escalation of trade tensions, US President Donald Trump on July 30 announced a sweeping 25 per cent tariff on all goods imported from India even as India's competitors, including Pakistan, Vietnam, Bangladesh and Turkiye, were levied lower tariffs of 15-20 per cent. The move has sparked concerns across sectors in India, especially after Trump also mentioned of an additional, unspecified penalty related to India's ongoing trade relations with Russia, specifically its purchases of crude oil. US President Donald Trump announced a 25 per cent tariff on all Indian imports. The move is compounded by Trump's warning of an unspecified penalty tied to India's ongoing trade relations with Russia, particularly its purchase of crude oil. The lack of clarity around the unspecified penalty has created unease in Indian business circles, especially among apparel exporters. While the announcement was made without detailing the nature of the additional penalty, industry leaders and policymakers are concerned over its ramifications and long-term implications. Reacting to the latest development, India's Ministry of Commerce and Industry issued an official response, as reported by various media outlets. The statement emphasised that the Indian Government is closely examining the implications of the US President's announcement. 'The Government is studying its implications. India and the US have been engaged in negotiations on concluding a fair, balanced and mutually beneficial bilateral trade agreement over the last few months. We remain committed to that objective,' the ministry reportedly underlined. The statement also reassured stakeholders that national interests would be protected. 'The Government attaches the utmost importance to protecting and promoting the welfare of our farmers, entrepreneurs, and MSMEs. The Government will take all steps necessary to secure our national interest, as has been the case with other trade agreements, including the latest Comprehensive Economic and Trade Agreement with the UK,' the ministry reportedly added. Adding another dimension, US Secretary of State Marco Rubio, just a day after Trump's tariff announcement, underlined Washington's dissatisfaction with India's continuing imports from Russia, as reported in certain sections of the media. 'India's purchase of oil from Russia is most certainly a point of irritation,' Rubio reportedly said speaking to a radio channel. Experts are thus viewing Trump's tariff imposition not just through the lens of protectionism, but as part of a broader geopolitical agenda. Some analysts believe the punitive measures reflect the US' discomfort with India's increasing strategic autonomy and its deepening economic engagement with Russia. Of particular concern to Indian exporters is the ambiguity surrounding the 'unspecified penalty' mentioned by Trump. The lack of clarity on this additional measure has created unease in the business circles. Sudhir Sekhri, chairman of the Apparel Export Promotion Council (AEPC) , reflected this sentiment, stating, 'The penalty is a grey area, and we hope the Government of India (GOI) will negotiate this with the US…' Echoing similar concerns, Rajeev Gupta, joint managing director of RSWM Ltd, earlier told Fibre2Fashion , 'Indian entrepreneurs and manufacturers are resilient, and we are confident that business momentum will be consistently rising with planned strategies. What remains crucial is clarity on the tariff position against China,' even as he added, 'A more pressing concern is the undefined penalty clause linked to India's ties with Russia, which adds a layer of uncertainty.' The timing of this development is critical, as both countries have been actively engaged in negotiations for a mutually beneficial trade agreement. India's recent efforts to diversify trade relationships, including the signing of the Comprehensive Economic and Trade Agreement (CETA) with the UK, many feel, signals a broader strategy to reduce dependence on any one market even as they added the US nonetheless remains one of India's largest trading partners, and any disruption in this relationship could have far-reaching implications for key export sectors such as textiles. 'The Free Trade Agreement with the UK opens up varied opportunities and is a welcoming move,' claimed an industry player interacting with Fibre2Fashion, who expressed apprehensions over the penalty ramifications if not sorted out soon. However, as things stand now, the Indian exporters seem to be adopting a cautious approach, a wait and watch policy to see how things unfold in the days to come as the steep duty imposed by US could hurt nearly half of India's exports, as per some estimates, adding to which is now the threat of additional penalty. Fibre2Fashion News Desk (DR)
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Business Standard
7 minutes ago
- Business Standard
Oil falls $2 a barrel on worries about Opec+ supply, US jobs data
Oil prices $2 a barrel on Friday because of jitters about a possible increase in production by Opec and its allies, while a weaker-than-expected US jobs report fed worries about demand. Brent crude futures settled at $69.67 a barrel, down $2.03, or 2.83 per cent. US West Texas Intermediate crude finished at $67.33 a barrel, down $1.93, or 2.79 per cent. Brent finished the week with a gain near 6 per cent, while WTI rose 6.29 per cent. Three people familiar with discussions among Opec members and allied producers said the group may reach an agreement as early as Sunday to boost production by 548,000 barrels per day in September. A fourth source familiar with Opec+ talks said discussions on volume were ongoing and the hike could be smaller. The US Labour Department said the country added 73,000 jobs in July, lower than economists had forecast, raising the national unemployment rate to 4.2 per cent from 4.1 per cent. "We can blame US President Donald Trump with the tariffs or we can blame the Federal Reserve for not raising interest rates," said Phil Flynn, senior analyst with Price Futures Group. "It looks like the Fed misjudged their decision on Wednesday." On Wednesday, the Fed voted to keep interest rates unchanged, drawing criticism from Trump and a chorus of Republican legislators. Oil traders have focused for much of the week on the potential impact of US tariffs, with tariff rates on US trading partners largely set to take effect from next Friday. Trump signed an executive order on Thursday imposing tariffs ranging from 10 per cent to 41 per cent on US imports from dozens of countries and foreign territories that failed to reach trade deals by his Aug. 1 deadline, including Canada, India and Taiwan. Partners that managed to secure trade agreements include the European Union, South Korea, Japan and Great Britain. "We think the resolution of trade deals to the satisfaction of the market - more or less, barring a few exceptions - has been the key driver for oil price bullishness in recent days," said Suvro Sarkar at DBS Bank. Prices were also supported this week by Trump's threats to impose 100 per cent secondary tariffs on Russian crude buyers as he seeks to pressure Russia into halting its war in Ukraine. This has stoked concern over potential disruption to oil trade flows and the removal of some oil from the market. On Thursday, JP Morgan analysts said Trump's threatened penalties on China and India over their purchases of Russian oil potentially put 2.75 million barrels per day (bpd) of Russian seaborne oil exports at risk. China and India are the world's second and third-largest crude consumers respectively. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Mint
7 minutes ago
- Mint
Why isn't enough food getting into Gaza?
JERUSALEM—About 10 miles stand between truckloads of food and flour and the more than two million hungry Palestinians who need it. Yet only a trickle is reaching them. The biggest obstacle right now between stockpiles of food just beyond the border and Gaza's most vulnerable people—starving children, women, elderly and injured—is a breakdown of law and order. Chaotic mobs ransack every food-bearing truck that enters, aid workers say. The masses are largely made up of desperate civilians, armed criminals looking to sell it on the black market—or a dangerous mix of both. Officials and aid groups have no control over where it goes from there. Antoine Renard, a United Nations official in Gaza, recalls how a wave of gaunt-faced men converged on his armored vehicle and the convoy of aid trucks following him as they tried to reach the central Gazan city of Deir al-Balah on Tuesday. He said the vehicle rocked from side to side as the men swarmed, jostling over the cargo. 'I've never seen anything even a little bit like this," said Renard, who has worked with the U.N.'s food agency, the World Food Program, for more than 20 years and now heads its operations in the Palestinian territories. 'I have never, ever seen this level of despair." Israel and the U.N. have traded blame for the worsening hunger crisis that experts warn is now tipping into famine. Israel says the U.N. has failed to distribute the food that it allowed in. The U.N. says Israel created impossible conditions that put staff and civilians at risk, while impeding their work with delays and restrictions on movement. At the core of the crisis is extreme and widespread food scarcity. Israel banned all aid and commercial goods from entering Gaza in early March in what it said was an effort to pressure Hamas. Israel says the group steals aid to fund its war effort, which Hamas denies. Aid groups say they have seen no evidence of systematic diversion. Israel started letting in much smaller volumes of aid in late May as food supplies dwindled, but it hasn't been nearly enough. The World Food Program says almost 95% of its trucks entering the Gaza Strip are looted before they reach their destination. It says the only solution is to flood the enclave with food until scarcity no longer drives civilians to risk their lives for a bag of flour, or provides an opportunity for militants and criminals to exploit their desperation. Under growing international pressure, Israel took steps recently to ease the flow of aid. It started with airdrops, then announced a pause in fighting in some parts of the strip and the creation of humanitarian corridors. Israeli officials say the country isn't blocking aid and is doing more to facilitate it. 'The bottleneck, regarding food reaching the people of Gaza, is the U.N. agencies not distributing the aid, not picking it up and not distributing it," a senior Israeli military official told The Wall Street Journal. Until Israel recently eased some restrictions, the U.N. also had difficulty getting aid in at all. Part of the problem stemmed from the overall unworkable conditions of destroyed roads, chronic fuel shortages and frequent fighting along what few routes were available, despite deconfliction efforts. Medical workers say they are now battling the worst hunger crisis to grip the enclave since the Hamas-led attack on Israel on Oct. 7, 2023, sparked the war in Gaza. The Integrated Food Security Phase Classification, or IPC, a group of experts set up to study hunger crises around the world, said Tuesday that the 'worst-case scenario of famine" is currently unfolding in Gaza. Since a cease-fire collapsed in March, Israel has taken control of roughly 70% of Gaza, Israeli officials say, pushing the population into a small area along the coast and creating a large civilian-free zone all around them occupied by soldiers. To reach population centers, aid must traverse this territory. Aid can enter Gaza through one of four border crossings, a senior Israeli military official told the Journal, but the lion's share comes through just two—Zikim in the north and Kerem Shalom in the south. The most perilous part of the journey is when an aid convoy crosses out of Israeli-held territory, as crowds must come close to Israeli military positions to be first to grab the supplies. They frequently overtake the aid convoys, swarming the trucks and taking everything they can carry, at times drawing deadly fire from Israeli soldiers. In the north, Palestinians often go deep inside Israeli-held territory, which the military refers to as a dangerous combat zone and warns them not to enter, to intercept aid convoys a mile or two from the border, according to the WFP. And in the south, Egyptian officials told the Journal that almost all aid coming from the country is ambushed by criminal gangs almost immediately after it enters through the Kerem Shalom border crossing. Some of it is sold for exorbitant prices at markets, they said. Most is completely unaccounted for. 'Some aid makes it in, yeah…but thieves steal 90% of it and sell it for insane prices," said Mohammed Al-Saafin, a 25-year-old Gazan sheltering in Deir al-Balah. 'Total robbery, but we have no choice," he said. Currently, there are two distribution channels for aid. One is the Gaza Humanitarian Foundation, or GHF, a controversial new initiative backed by Israel and run by private American contractors. The other is a U.N.-led system it was meant to replace. Israel allowed both to start bringing aid into Gaza in late May. Both have been completely overwhelmed, as hunger was already widespread by then. Palestinians carrying aid in the central Gaza Strip on Friday. GHF has four distribution points, three of them in the south, all within areas under Israeli control. That meant Gazans largely have to travel by foot or donkey cart through a militarized zone to get there. Large crowds drawn to the sites have at times come under fire by Israeli soldiers when they were perceived to pose a threat. Before the blockade, the U.N. had a network of more than 200 distribution sites throughout the Gaza Strip. It has warehouses peppered around dense areas like Deir al-Balah and Gaza City, which it kept regularly stocked with food from its stockpiles kept in Israel's Port of Ashdod, as well as in Jordan and Egypt. From there, partner organizations would load up and take it to community kitchens or pickup points closer to where people live. Since the U.N. was allowed to resume aid distribution on May 21, almost none of World Food Program's trucks have reached the warehouses, and its distribution network has collapsed, according to U.N. officials. Part of the problem is that even when Israel technically allowed the U.N. to start delivering aid again, the military frequently denied its movements. This meant that from May 21, when aid resumed, to July 26, the day before Israel started easing restrictions, there was very little aid entering the Strip and people were largely relying on food stored during the cease-fire. The U.N. uses a standard protocol in many of the war zones where it operates around the world called the Humanitarian Notification System, according to U.N. officials. In noncombat zones, it notifies armed actors of movements by its agencies and partners so they can avoid harming aid workers. In battle zones, it coordinates with the warring parties to ensure a safe route. In the period from May 21 and July 26, 53% of U.N. requests to coordinate movements were either denied or impeded by Israeli authorities, according to data provided by the U.N.'s humanitarian agency, OCHA. During that time, the U.N. said 271 movements were facilitated, which means they were approved and accomplished, while 288 were denied by Israel. Another 99 were canceled by the U.N. or its partners, either because they determined it wasn't safe, were routed on roads known to be impassable or for other prohibitive reasons, OCHA said. An Israeli military vehicle near the Gaza border recently. A further 119 movements were in some way impeded by Israel, OCHA said. That could mean that the military caused long delays, detained their staff, changed their route with little notice or hindered them in other ways that kept them from being fully accomplished. The Israeli military unit charged with humanitarian coordination, called COGAT, didn't respond to a request for comment on the figures. A senior Israeli military official told the Journal recently that delays and denials are made out of necessity to avoid potential conflicts. Since Sunday, the proportion of requests that are approved has markedly increased, raising questions by aid groups about how Israel is able to facilitate more movements now than it could before, even though conditions on the ground have deteriorated further. 'Aid doesn't reach people because of the chaos," said Nahid Shuhiber, who runs a transportation company that provides trucks for aid agencies inside Gaza. Israel, he said, 'is not interested in creating order." Write to Feliz Solomon at