Overview
- Netanyahu convened his Security Cabinet to approve a full IDF takeover of the Gaza Strip aimed at securing a perimeter before handing governance to Arab forces
- President Trump’s 15% tariffs on Israeli exports took effect on August 7 and are projected to cut $2–4 billion in annual exports while risking up to 33,000 jobs
- Gulf states signed 12 deals worth $14 billion this week to rebuild Syria, underscoring a major economic realignment in the region
- Former White House official Brett McGurk launched a venture to broker AI defense partnerships in the Gulf, citing Iran’s October 2024 missile assault as a catalyst
- U.S. authorities moved on antisemitism by suspending $584 million in UCLA research funds, filing federal hate crime charges in the l JewishJewish Museum shooting and condemning vandalism of El Al’s Paris office