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Israeli warplanes pounded targets in Rafah, a city in southern Gaza, yesterday, as the military told about 110,000 people there to evacuate. Hours later, the political leader of Hamas, Ismail Haniyeh, said that the group had accepted a cease-fire proposal from Qatar and Egypt.
Israel and Iran are at war. In truth, the two sides have been fighting for decades, but the conflict has played out largely under the cover of covert and clandestine operations.
As we near the first anniversary of the October 7 attack on Israel, the conflict in the Middle East has escalated significantly. Iran just launched nearly 200 missiles on Israel, and Israel has continued its fight against Hezbollah in Lebanon, and Hamas in Gaza.
With Iran’s firing of some 180 ballistic missiles at Israel overnight, the Middle East is again on the brink of what would be a costly, ruinous regional war. Israel and its ally, the United States, shot down most of the missiles.
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On August 27, Ali Khamenei, the supreme leader of the Islamic Republic of Iran, told the newly elected president, Masoud Pezeshkian, and his cabinet that talking to the enemy may be useful.
As delegates assembled in Chicago for the start of the Democratic National Convention on August 19, something surreal was happening 6,000 miles away in Israel.
Gold prices have been hitting new highs and analysts expect more records, with some forecasting the metal to hit $3,000 per ounce next year, as the U.S. Federal Reserve meeting draws closer.