Trump's Middle East trip has shown he is not Netanyahu's patsy
Donald Trump's Middle East visit – his first major international trip since his return to office – is as notable for where he isn't going as where he is.
The United States President has found time in his schedule to visit Saudi Arabia, Qatar and the United Arab Emirates but has conspicuously avoided travelling to Israel. The absence could have been regarded as curious oversight were it not reflective of a deeper dynamic developing between the Trump administration and Benjamin Netanyahu's Israeli government.
These previously subterranean tensions have burst to the surface in recent days across multiple fronts. 'I think what you're seeing is the Israelis recognising that as much as they welcomed the election of President Trump and thought that would really give them a blank cheque to pursue whatever agenda they wanted, Trump has his own agenda,' Frank Lowenstein, a former Middle East envoy under the Obama administration, said during a virtual briefing organised by J Street, an advocacy organisation that describes itself as pro-Israel and pro-peace.
It would be overblown to describe the US-Israeli tensions as a crisis or even a rupture. But Trump is keeping Netanyahu off balance, and is showing he is certainly not the Israeli prime minister's patsy. The implications for the Middle East and the war with Gaza, like so much with a volatile figure like Trump, will be profound and unpredictable.
First came Trump's announcement last week that the US would immediately halt its military campaign against the Iranian-backed Houthi rebels in Yemen after the Houthis agreed to stop firing on US ships in the Red Sea. The agreement reportedly blindsided and infuriated Netanyahu, especially given it came right after the Houthis attacked Israel with a missile that hit close to the nation's main airport.
Trump made clear he is more interested in reducing consumer prices in the US by freeing up international shipping routes than providing security protection for Israel. Importantly, Trump's vow to impose a 17 per cent tariff on Israeli goods still remains despite Netanyahu quickly flying to Washington DC last month to try to secure an exemption.
Loading
Secondly, the Trump administration negotiated directly with Hamas to secure the release of Israeli-American hostage Edan Alexander. The Trump administration cut Israel out of the negotiations, using a secret back channel to secure the one-off agreement with Hamas that the listed terror group has framed as an act of goodwill. Israel was reportedly forced to rely on its intelligence agencies, rather than the US, to learn about the deal. Israelis, of course, have welcomed Alexander's release, but the agreement has raised uncomfortable questions about why Israelis with dual nationality can be put on a fast-track to freedom while those with only Israeli citizenship cannot.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Herald Sun
an hour ago
- Herald Sun
The lessons from IDP Education's week from Hell
The student recruiter has been hit by the migration backlash not just here, but in Canada, the UK and the US Other listed colleges are tweaking their business models to focus on domestic students While there's no end of the pain in sight, some brokers reckon IDP Education is a buy at its marked-down valuation It's not unusual for a small cap stock to decline 50% in value or more in one day. But when the top 200 stock IDP Education (ASX:IEL) achieved that this week – erasing more than $1 billion of market value – it was a case of 'class, take note'. The dramatic plunge came after the overseas student wrangler's confession on Tuesday that full-year revenue and earnings would plummet on the back of visa crackdowns. The stock has lost an astonishing 75% over the last year. Arguably the downgrade was years in the making, given the quality issues besetting both the tertiary and vocational sectors for some years. Still, investors were shocked by the scale of the revision or maybe they just hadn't done their homework. IDP guided to a 28-30% decline in student placement volumes, with its language testing arm likely to fall by 18-20%. Adjusted earnings before interest and tax (ebit) are expected at $115-125 million, a circa 50% year-on-year decline and well shy of market expectations of $166 million. Trump-like 'regulation by fiat' The visa crackdown was contained in a bill that the old Parliament did not pass, but government went ahead via a Trump-style Ministerial Directive (MD107). The measure means visa applications are processed on the perceived risk of the education provider and the student's country of origin. Dubbed by college operator Academies Australasia (ASX:AKG) as 'regulation by fiat', the measure compounds the problems of providers with high visa rejection rates. The reasons for the knock-backs are likely to be beyond the colleges' control. Nowhere to hide as migration policies bite IDP's problems don't start and end at home. Half-owned by sandstone universities, the company started out as a local uni recruiter but now touts for colleges in the UK, Canada and the US. Half of the company's revenue deriving from English language testing and teaching. The UK is even more zealous on reducing migration, as is Canada given the backdrop of the recent close election. We'll simply call US a no-go zone, given Trump's order to block Harvard University from admitting international students. Heeding the lessons IDP is not the only ASX-listed, overseas student focused education play feeling the pinch. It's a case of accepting the new reality and adapting. The amalgam of Icollege and Redhill Education, NextEd Group (ASX:NXD) reported a $2.2 million first half loss, amid a 21% revenue decline (to $47 million). However Nexted offset some of the impact of a 52% English language services decline with increased international vocation enrolment. The aforementioned Academies managed to grow half year revenue by 2.8% (to $23.9 million). The company also narrowed a previous $7.5 million loss to a $958,000 deficit. Operator of the Ikon (tertiary) and ALG (vocational) colleges, EDU Holdings (ASX:EDU) gets a gold star by doubling calendar 2024 revenue to $42 million. The company also managed a $2.6 million profit after three years of losses. Gary Burg told last month's AGM the impact of the visa changes remained unclear and the company was focusing on the domestic student market. A free kick of the 'political football'? Despite the IDP sell down there's still a country mile between its $1 billion market cap and the circa $20-40 million valuation ascribed to the other providers. As with all harsh sell-offs, have investors have over-reacted? Broker UBS contends IDP's business model is unbroken and the company 'remains a high-quality business in challenging conditions'. The firm rates the stock a 'buy' with a price target of $4.95, implying around 40% of upside. IDP is undertaking a detailed business review, with an update promised at its August full-year results. At Academies' AGM last year, acting chairman Chiang Meng Heng decried the sector being turned into a political Sherrin. 'Certain comments being bandied about smack of populism, rather than carefully considered positions that are good for the country,' he said. 'The air may not clear until after the federal election.' More than a month after the poll, clarity awaits. Originally published as Criterion: IDP Education's share plunge is a harsh lesson for the overseas student industry

News.com.au
2 hours ago
- News.com.au
What are Donald Trump's alleged links to Jeffrey Epstein?
The uneasy history between Donald Trump and Jeffrey Epstein is back in the spotlight after Elon Musk threw fuel on his feud with the US President by suggesting he is 'in the Epstein files'. Musk's bombshell claim was littered among a stream of erratic tweets attempting to discredit Trump, as the two former allies locked horns in one of the more embarrassing online skirmishes seen this year. '@realDonaldTrump is in the Epstein files. That is the real reason they have not been made public,' Musk wrote. 'Have a nice day, DJT!' No evidence has been produced by Musk to support the allegation. There is no suggestion that Donald Trump was involved in Epstein's crimes. What is known, however, is that Trump and Epstein were photographed together on multiple occasions throughout the 1990s and early 2000s, and appeared to move in the same social circles during that time. One video shows Trump welcoming Epstein at a party with a throng football cheerleaders attending in 1992. Court documents also show Trump flew on Epstein's private jet several times, mostly between Florida and New York. A 2002 quote from Trump was unearthed during the Ghislaine Maxwell case, where the billionaire was heard describing Epstein as a 'terrific guy'. 'It is even said that he likes beautiful women as much as I do, and many of them are on the younger side,' Trump said at the time. Trump then distanced himself from Epstein, reportedly barring him from Mar-a-Lago in 2004 after Epstein allegedly attempted to recruit a staff member. The two men reportedly fell out over competing bids for real estate in Florida. Attorney-General Pam Bondi has said the FBI is reviewing tens of thousands of Epstein-related documents, with more expected to be made public soon. Deputy FBI Director Dan Bongino echoed that on Fox News this week, saying additional files will be released after redactions. Trouble in paradise Musk's swipe comes amid growing hostility over Trump's proposed economic policies. The president accused Musk, who was very recently directing Trump's Department of Government Efficiency, of opposing his plans to cut EV subsidies and raise the federal debt ceiling. Musk responded by saying Trump's administration should 'go ahead, make my day' and cut SpaceX contracts. Musk has repeatedly mentioned the 'Epstein list' in recent months, a vague term often invoked online referring to sealed court documents related to Epstein's criminal activities. While some Epstein files have been released, most remain sealed to 'protect ongoing investigations' and victim privacy. The public record reflects no criminal accusations against Trump in connection to Epstein, and his past association with the financier is not unique among high-profile businessmen of the era. But Musk's sudden 180 on the US President has raised further questions. How did the world's richest man go from dancing around at campaigns, claiming civilisation would collapse if Trump lost the election, to accusing him of being linked to Epstein? Suspicions were multiplied when Musk arrived for a news conference at the Oval Office with a black eye and a black DOGE cap. The Tesla boss told the media it had occurred while playing rough with his youngest child. Trump later claimed Musk went 'crazy' when he learned an electric vehicle 'mandate' was being scrapped. 'Elon was 'wearing thin',' Trump said, declaring he had booted Musk from the White House. 'I asked him to leave, I took away his [electric vehicle] mandate that forced everyone to buy electric cars that nobody else wanted (that he knew for months I was going to do!), and he just went CRAZY! 'The easiest way to save money in our budget, billions and billions of dollars, is to terminate Elon's government subsidies and contracts. 'I was always surprised that Biden didn't do it!' The Epstein files In February, a personal address book of Jeffrey Epstein's was released by Trump's Justice Department, which included a new list of celebrities and politicians whom the pedophile financier had in his phone. Among the famous names released by the Department of Justice: Rolling Stones frontman Mick Jagger, Michael Jackson, actor Alec Baldwin, Ethel Kennedy — the mother of Robert F. Kennedy Jr., supermodel Naomi Campbell and rocker Courtney Love. Thursday's unveiling was comprised of over 100 pages including a contact list that belonged to the convicted pedophile financier. The list is not 'a client list,' but includes names of people on Epstein's vast contact list. While the list of names were revealed, their addresses and contact information were redacted. The vast majority of names on the list — if not all of them — had been previously reported in the years of lawsuits and document leaks in the case. The US Attorney-General claimed the FBI has withheld 'thousands of pages' of critical documents relating to Epstein, demanding the bureau provide 'full and complete' access. In a fiery letter to FBI Director Kash Patel, Attorney-General Pam Bondi said she had only received 'approximately 200 pages of documents' which consisted of flight logs, contact lists and victim's names related to Epstein, despite requesting access to the 'full' files. 'I repeatedly questioned whether this was the full set of documents responsive to my request and was repeatedly assured by the FBI that we had received the full set of documents,' Ms Bondi wrote in the letter. 'Late yesterday, I learned from a source that the FBI Field Office in New York was in possession of thousands of pages of documents related to the investigation and indictment of Epstein.'


Canberra Times
2 hours ago
- Canberra Times
Trump, Musk to hold call after public feud: report
The trouble between the two started brewing days ago, when Musk denounced Trump's sweeping tax-cut and spending bill. The president initially held his tongue while Musk campaigned to torpedo the bill, saying it would add too much to the nation's $US36.2 trillion ($A55.6 trillion) in debt.