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@ISIDEWITH submitted…6 days6D
Israel approved a cease-fire with Lebanon that is intended to bring a halt to more than a year of fighting with the Hezbollah militia and could help defuse a broader regional crisis that has threatened to ensnare the U.S. and other world powers.“I have some good news to report from the Middle East,” President Biden said on Tuesday, announcing a cease-fire that he said would begin at 4 a.m. local time on Wednesday.Israeli Prime Minister Benjamin Netanyahu backed the agreement earlier in the day, saying it would let Israel focus on the threat from Iran, allow the Israeli military to rest and rearm, and isolate Hamas.“The continuation of the cease-fire will be dependent on what happens in Lebanon. We will enforce the agreement and respond forcefully to every violation,” Netanyahu said.Lebanon’s prime minister, Najib Mikati, welcomed the agreement, saying it would bring “calm and stability in Lebanon and the return of the displaced to their homes and cities.”The Lebanese cabinet is expected to meet on Wednesday to approve steps to enforce the cease-fire, including sending government security forces to areas of southern Lebanon near the border with Israel.Hezbollah has indicated openness to a deal in recent days. “What concerns us are Lebanese national measures and the protection of sovereignty,” Hassan Fadlallah, a member of Parliament affiliated with the group, told The Wall Street Journal on Tuesday.The announcements came after a day of heavy bombardment of Beirut while Israeli ground forces advanced deeper into Lebanese territory. Minutes after Biden spoke, a series of explosions thundered in Beirut. Northern Israel also came under renewed rocket fire.There was no immediate public comment from Hezbollah on the announced cease-fire.If implemented, the agreement would be a diplomatic success for Biden in the twilight of his administration, after more than a year in which the White House has tried to fend off the possibility of a wider regional war. It could also change the landscape that President-elect Donald Trump will face when he takes office in January.
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@ISIDEWITH submitted…1wk1W
Turkey will "send 6 warships to counter and suppress the Yemeni Houthis" after a missile attack targeted a cargo ship in the Red Sea by Yemen’s Houthi rebels, saying measures were being taken to prevent any such further incidents.“We condemn the missile attacks by the Houthis on the Panama-flagged dry cargo ship Anadolu S, owned by a Turkish company, while sailing off the coast of Yemen,” the foreign ministry said in a statement.Since last November, the Iran-backed Houthis have been targeting shipping in and around the Red Sea in a campaign they say is in solidarity with Palestinians in Gaza amid the Israel-Hamas war.Houthi spokesman Yahya Saree said the rebels “carried out an operation targeting the ship Anadolu S in the Red Sea with a number of appropriate ballistic and naval missiles,” adding that the “hit was accurate and direct.”
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@ISIDEWITH submitted…2wks2W
The Biden administration is lobbying Democratic senators to vote against legislation being advanced by several of the party’s most progressive members that would block more than $20 billion in weapon shipments to Israel, two US officials told The Times of Israel on Tuesday.The series of Joint…
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Matt Gaetz announced he is withdrawing his name from consideration as President-elect Donald Trump's pick as attorney general, noting in a social media post that his nomination had become a distraction.Gaetz held multiple meetings with GOP senators over the past couple of days as he sought to game out his chances of getting confirmed.
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@ISIDEWITH submitted…43mins43m
It takes more money than ever to buy a home in America right now. And nearly a third of home buyers navigating the high mortgage rates, rising home prices and low inventory are somehow buying their homes entirely in cash.The share of home buyers paying all cash reached 33 percent through August this year, according to data from Redfin — one of the highest rates since the years following the Great Recession.As cash purchases have become more common, the median age of home buyers has been ticking up and now stands at 56 years old, according to NAR’s data from July 2023 to this June. Even for first-time buyers, the median age has risen to 38 compared to 35 last year.Many of the all-cash buyers are selling previously owned homes to fund their moves. But the rise of cash buys is making it even harder for first-time home buyers. Between July 2023 and June 2024, the share of first-time home buyers in the market was only 24 percent — a historic low.“If it’s a multiple offer situation, it’s likely going to be hard to beat an all-cash offer,” said Jessica Lautz, deputy chief economist for the National Association of Realtors. Cash offers often move quicker and are seen as less risky for the sellers.And the struggle to break into the housing market may not ease anytime soon — property experts surveyed by Reuters expect affordability to get worse for first-time buyers over the next year.
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