Israeli Prime Minister Benjamin Netanyahu said Monday that Israel will “take over all of Gaza” as the IDF ramps up its ground operation across the enclave after a massive bombing campaign last week to soften any remaining pockets of resistance and inflict major punishment on civilians.
Category: 20 May 2025
GAZA DEATH TOLL
The death toll in Gaza has reached 53,573 and the number of Palestinians injured hit 121,398 as Israel ramps up its offensive inside the battered enclave, with Israeli Prime Minister Benjamin Netanyahu announcing that Israel will “take over” the entire Strip.
SPOTLIGHT: BIGS GETTING BIGGER
Charter Communications, which operates the Spectrum brand of digital telecommunications services, has agreed to pay $34.5 billion to merge with Cox Communications.
SHIPPERS, PORTS BRACE FOR 90-DAY RUSH AS TRUMP CUTS CHINA TARIFF
Ports and ocean freight carriers are bracing for a wave of rushed business after Donald Trump temporarily cut China’s tariff rate from 145 percent to 30 percent for 90 days.
SPOTLIGHT: THE SHRINKING LUXURY INDUSTRY
Burberry, purveyor of $390 tank tops and $2,000 handbags, lost £3 million in the fiscal year ending 29 March, compared to a £418-million profit the year before.
SPOTLIGHT: THE GLOBAL AUTO INDUSTRY IN FLUX
During this year’s first quarter, registrations of new all-electric vehicles (EVs) shot up 28 percent across Europe and the U.K. due in particular to a jump in Germany, where sales more than doubled, the trade group ACEA reported.
U.K. NOW OWNS MORE U.S. TREASURY SECURITIES THAN CHINA
In March, China continued reducing its portfolio of U.S. treasury securities, dropping it behind the U.K. as the largest foreign owner of U.S. debt.
CHINA PLANTS ITS FLAG IN LATIN AMERICA
China is aggressively asserting its presence in Latin America, hoping to secure political friends and allies—as well as lucrative economic deals and contracts for resource development—in a region the U.S. has long viewed more as trouble than as opportunity.
ZUCKERBERG WANTS AI TO NOT JUST BE YOUR BUDDY, BUT ALSO TO FIX YOU
Mark Zuckerberg invented Facebook but he seems to be disappointed in his project that was intended to make you friends with thousands of people you’ve never met.
SOFTWARE INTENDED TO SPOT HALLUCINATIONS HAS RISKS OF ITS OWN
Everyone knows that chatbots “hallucinate”: they can randomly make up stuff out of thin air in response to a question or set of instructions.