Israel has created something akin to a post-apocalyptic world in Gaza in its response to the Hamas attack in 2023, and the battered enclave is essentially lawless, where the starving population fights over the small amount of food that Tel Aviv allows in.

ECONOMIC UPDATE—MARKET OVERVIEW
Again, again, and again, week-after-week, month-after-month, as we have detailed, another Wild Card and another Trump Card are played, and where it goes, nobody knows.

FANNIE MAE AND FREDDIE MAC—WITH TRILLIONS IN BAD DEBT—MAY BE GETTING A BACKDOOR BAIL OUT!
President Donald Trump is meeting with chiefs of major U.S. banks to discuss monetizing mortgage giants Fannie Mae and Freddie Mac.

POOR JOBS REPORT HALTS U.S. DOLLAR’S COMEBACK
The dollar’s value increased 1.5 percent against a collection of other major currencies last week, the London Stock Exchange Group reported, marking the buck’s best week since last November’s presidential election.

TWILIGHT OF THE HUMANITIES
A recent PC Gamer article pondered the antihuman underpinnings of top tech CEOs. The piece critiqued the drive of CEOs like Nvidia’s Jensen Huang to continue to transform curriculums to more heavily focus on science and technology.

NETANYAHU SEES POLLS SLIPPING AMONG ISRAELIS AS HE REPORTEDLY PLANS FULL OCCUPATION OF GAZA
A newly released poll found support for Israeli Prime Minister Benjamin Netanyahu is slipping inside the country as international condemnation of the Gaza genocide grows and Tel Aviv reportedly plans to fully occupy the destroyed enclave.

DESPITE RECORD PRICES, DEMAND FOR GOLD IS STILL CLIMBING
Geopolitical strife, trade war turmoil, and the U.S. dollar’s loss of cachet as a safe haven keeps investors clamoring for gold despite the metal’s recent series of record-high prices.
Global Economy

SPOTLIGHT: BIGS GETTING BIGGER
Cybersecurity specialist Palo Alto Networks will buy CyberArk Software, an Israeli counterpart, for about $25 billion as Palo Alto CEO Nikesh Arora seeks to scale his company in tandem with AI’s spread through business, government, and military operations.

SPECIAL REPORT: TRUMP’S TARIFF WAR
On 31 July, Donald Trump took the next step in his global trade war, announcing major revisions to the tariff rates he bannered on his 2 April “Liberation Day” event.

SPOTLIGHT: CRYPTO GOES MAINSTREAM
The surging popularity of dollar-backed stablecoins could cost the European Central Bank (ECB) its control of monetary policy, according to a study by Jurgen Schaaf, an analyst in the bank’s market infrastructure and payments office.
The Israel War

UCLA LATEST SCHOOL TO HAVE FUNDING FROZEN OVER ALLEGED ANTISEMITISM ON CAMPUS
The Trump administration has frozen over $300 million in federal funding for UCLA over its “illegal” approach to affirmative action policies and not doing enough to stop antisemitism on campus, in what has been seen as the White House’s latest effort to smash any criticism of Israel on college campuses.

SOCIETAL BREAKDOWN IN GAZA HAMPERS HUMANITARIAN AID DISTRIBUTION
Israel has created something akin to a post-apocalyptic world in Gaza in its response to the Hamas attack in 2023, and the battered enclave is essentially lawless, where the starving population fights over the small amount of food that Tel Aviv allows in.

MORE THAN 40 PROTESTERS ARRESTED OUTSIDE TRUMP INTERNATIONAL HOTEL IN NEW YORK
New York City police arrested more than 40 protesters who materialized Monday night in front of the Trump International hotel to voice their outrage over the Trump administration’s continued backing of Israel’s genocide in Gaza.
Trends in AI

CHEYENNE, WYOMING, BECOMES AI’S COMPANY TOWN
Cheyenne, a city of 65,000 tucked into the far southeast corner of Wyoming, is being surrounded by AI data centers. Cheyenne lies against the Rocky Mountains, which keep its weather relatively temperate. Land and labor costs have been cheap and the politics are business-friendly.

IS IT CONCRETE? OR IS IT…SOMETHING ELSE?
Engineers at the University of Southern California have created Allegro-FM, an AI able to simulate the simultaneous behavior of as many as four billion atoms, allowing simulations a thousand times larger than any other AI.

TOP AI RESEARCHERS WARN OF THEIR PRODUCTS’ DANGERS
A group of AI researchers working at leading developers including Anthropic, Google’s DeepMind, Meta, and OpenAI, as well as others, have warned that the models they’re creating pose risks to the human race.
Hi-Tech Science

MILLIPEDES MAKE A PAINKILLER FOR HUMANS
Millipedes, those worm-like crawlies with antennae and hundreds of hair-like legs, keep ants away by secreting a substance that makes ants disoriented.

REGENERATING TISSUE WITH YOGURT
Turns out yogurt can do more than improve your digestion. Scientists at Columbia University’s engineering school wanted to make a hydrogel that included extracellular vesicles.

COMBINING ARTIFICIAL INTELLIGENCE AND QUANTUM COMPUTING
In one of the first published examples of uniting artificial intelligence (AI) and quantum computing, engineers at Australia’s Commonwealth Scientific and Industrial Research Organization have improved the process of modeling the electrical resistance inside a computer chip—an essential step in designing new and more sophisticated semiconductors.