ibt-mailAug 14, 2024, 10:16 AM

US Approves $20B Military Package For Israel

Newsletter Aug 14, 2024 Quick Six Biden administration approves $20B weapons deal to Israel President Joe Biden's administration on Tuesday approved more than $20 billion in new weapons sales to

Newsletter Aug 14, 2024

Quick Six

Biden administration approves $20B weapons deal to Israel
President Joe Biden's administration on Tuesday approved more than $20 billion in new weapons sales to Israel, ignoring calls from rights activists to stop arms deliveries over the death toll in Gaza. The sale comes as Biden has pressured Israel and Hamas to reach a ceasefire agreement, although the weapons would take years to reach Israel. The deal involves 50 F-15s, 33,000 tank cartridges, 50,000 mortar cartridges and military cargo vehicles.
HOW PRO-PALESTINIAN GROUPS REACTING TO THE SALE

Harris 'Time' cover vaults her ahead of Trump in polymarket
After the Kamala Harris Time magazine cover, which debuted Tuesday, Harris has surged ahead of former President Donald Trump in the prediction markets. On August 9, Harris flipped the odds on Polymarket, a popular crypto-based betting platform and as of this week, she now holds a seven-point lead over Trump. Real Clear Polling's average shows Harris with a mere 0.5 percentage point lead. Some polls still have Trump slightly ahead.
SEE HOW FAR TRUMP HAS FALLEN IN LESS THAN A MONTH

Starbucks goes off-brand to find new CEO from Chipotle
Starbucks announced Tuesday that Brian Niccol, chief executive at Chipotle, would be the coffee chain's new CEO -- just over a year after current boss Laxman Narasimhan took over the role. The company also saw a bruising April earnings report, sparking a difficult response on Wall Street and causing a Narasimhan reset. The leadership shifts come as Starbucks pushes to turn around its business, while contending with broad-based sales declines.
SEE HOW SHARES OF STARBUCKS, CHIPOTLE RESPONDED

12V 200Ah Pro Smart Lithium Iron Phosphate Battery w/Bluetooth & Self-heating Function

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Markets

DJIA	39,765.64	1.04%
S&P 500	5,434.43	1.68%
Nasdaq Composite	17,187.61	2.43%
Japan: Nikkei 225	36,602.86	1.02%
UK: FTSE 100	8,235.23	0.30%
Crude Oil Futures	79.02	0.86%
Gold Futures	2,504.10	-0.15%
Yen	146.80	-0.02%
Euro	1.10	-0.02%
* As of market close

SpaceX eyes first manned flight over poles

SpaceX is aiming to break new barriers in polar exploration with the first manned space mission over the Earth's poles -- a private flight commanded by a crypto entrepreneur later this year. The mission, dubbed "Fram2" after a 19th century polar expedition schooner, is due to last between three to five days, and was purchased by Chun Wang, a bitcoin pioneer who founded f2pool and stakefish. It is aerospace's latest foray into the fast-growing private space tourism industry.

SEE THE CHALLENGES PRESENTED BY FLYING OVER POLES

Ukranian forces make advances into Russia

Ukraine said Tuesday that its troops had advanced further into Russia's Kursk region and now control 74 settlements after launching a surprise cross-border incursion a week ago. Ukrainian forces entered Russia's Kursk region last Tuesday and have taken dozens of settlements in the biggest attack by a foreign army on Russian soil since World War II. US President Joe Biden on Tuesday said the incursion was giving Russia's President Vladimir Putin a "real dilemma," to defend rather than attack.

HOW RUSSIA IS BALANCING ITS ATTACK-DEFEND BATTLE PLAN

Banksy's latest works going to the animals

Elusive street artist Banksy's ninth animal-themed mural in nine days, unveiled on Tuesday on a shutter outside London Zoo, depicted a gorilla releasing animals from the zoo, tying together the series of artworks. Claimed by the artist on Instagram, the mural outside London Zoo showed a gorilla lifting the shutter to free birds and a seal, with some animals staring out from the inside. It is the latest in Banksy's series populating the British capital with animals

SEE THE ANIMALS GETTING A BANKSY MAKEOVER IN MURALS

Extra point

What is the most expensive piece of Banksy's art ever sold at auction?

Tuesday's answer: In 2028, Los Angeles will join Paris and London as the only cities to host the Olympics three times in the modern era.

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