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Rudy Giuliani, former mayor of New York City, injured in a car accident

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Former New York City mayor Rudy Giuliani has been injured in a car accident in the US state of New Hampshire.

Giuliani was a passenger in a Ford Bronco when it was struck from behind in the city of Manchester on Saturday evening, according to local police.

“He was diagnosed with a fractured thoracic vertebrae, multiple lacerations and contusions, as well as injuries to his left arm and lower leg,” a statement from his security guard, Michael Ragusa, said.

Giuliani, 81, became known as “America’s Mayor” after leading New York through 9/11. He later became an adviser and then personal lawyer to Donald Trump, though the two have since parted ways.

All involved in the crash suffered non-life threatening injuries and were taken to hospital, police said.

The incident happened shortly after Giuliani had helped an alleged victim of domestic violence who had flagged him down on a road, Mr Ragusa’s statement added.

“Mayor Giuliani immediately rendered assistance and contacted 911,” he said.

New Hampshire police confirmed officers were investigating a reported domestic violence incident when they saw the crash on the opposite side of the road.

“As a result of the collision, both vehicles went into the median and were heavily damaged,” police added.

Investigators said they have identified the driver who allegedly struck Giuliani’s car, although no charges have been filed and the crash is under investigation.

First elected New York City mayor in 1993, Giuliani was in charge at the time of the 11 September attack on the World Trade Center in 2001.

In 2008, he made an unsuccessful run for US president, and later became one of Trump’s advisers during the latter’s 2016 campaign. He joined Trump’s personal legal team in 2018 and remained a part of it through to the 2020 election.

In the aftermath of Joe Biden’s 2020 election victory over Trump, Giuliani spread baseless claims the election was stolen.

Earlier this year, he reached a tentative settlement with two former election workers who won $148m (£120m) in damages after they successfully sued him for defamation over false election fraud claims.

Trump’s trade adviser reassures that tariffs are not permanent following court ruling against reciprocal duties

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White House senior counselor for trade and manufacturing Peter Navarro said Sunday that President Donald Trump’s tariffs are not permanent as he sought to undercut a ruling from a federal court that dealt a major blow to the administration’s trade policy.

On Friday night, the U.S. Court of Appeals for the Federal Circuit ruled that most of Trump’s so-called reciprocal tariffs on global trading partners are illegal.

That upheld an earlier ruling by the Court of International Trade, which found that the tariffs’ legal basis under the International Emergency Economic Powers Act (IEEPA) wasn’t valid, saying that the administration’s argument for the tariffs didn’t constitute an emergency.

“Both the Trafficking Tariffs and the Reciprocal Tariffs are unbounded in scope, amount, and duration,” the majority wrote. “These tariffs apply to nearly all articles imported into the United States (and, in the case of the Reciprocal Tariffs, apply to almost all countries), impose high rates which are ever-changing and exceed those set out in the [U.S. tariff system], and are not limited in duration.”

The Trump administration is appealing the decision to the Supreme Court, and Friday’s ruling is on hold until mid-October to give the high court a chance to consider the case.

On Fox News’s Sunday Morning Futures, Navarro called the appeals court’s ruling “weaponized partisan injustice” and said the dissenting opinion in favor of the tariffs should give the White House a strong argument before the Supreme Court.

The judges who sided with the administration said IEEPA allows “broad emergency authority in this foreign-affairs realm, which unsurprisingly extends beyond authorities available under non-emergency laws.” 

Navarro also said the trade deficit does indeed constitute an emergency because it is “absolutely devastating to this country.” And he pushed back against the appeals court’s characterization of the tariffs as unlimited in duration.

“Hey memo to the court: we never said they were permanent,” he said.

If the flow of illegal drugs from China, Mexico and Canada stop, the tariffs will go away, Navarro added, likewise if the trade deficit shrinks to nothing.

In April, Trump was asked about comments from administration officials who said tariffs could be negotiated and that they were permanent.

“They can both be true,” he replied. “There could be permanent tariffs, and there could also be negotiations, because there are things that we need beyond tariffs.”

In May, Trump also said auto tariffs are permanent, but those duties weren’t affected by Friday’s court ruling as they were invoked under a different law.

He has also touted the long-term benefits of his tariffs, recently pointing to the CBO’s 10-year projection that tariffs will reduce the deficit by $4 trillion and that they will bring in enough revenue to lower the U.S. debt, which tops $37 trillion.

“The purpose of what I’m doing is primarily to pay down debt, which will happen in very large quantity — but I think there’s also a possibility that we’re taking in so much money that we may very well make a dividend to the people of America,” Trump said earlier this month.

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Freestyler Lindsey Schlegel Verbally Commits to Wisconsin–Green Bay for Fall 2026

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By Sean Griffin on SwimSwam

Fitter and Faster Swim Camps is the proud sponsor of SwimSwam’s College Recruiting Channel and all commitment news. For many, swimming in college is a lifelong dream that is pursued with dedication and determination. Fitter and Faster is proud to honor these athletes and those who supported them on their journey.

Freestyler Lindsey Schlegel, a native of Muskego, Wisconsin, has committed to swim and study at the University of Wisconsin–Green Bay beginning in the 2026–2027 school year. She trains year-round with the Waukesha Express Swim Team and attends Muskego High School.

She confirmed the commitment in an email to SwimSwam, and provided the following quote:

I am so excited to announce my verbal commitment to continue my education and swim Division 1 at the University of Wisconsin-Green Bay! First, I want to thank God, because without Him, I wouldn’t have achieved this goal. Next, thank you to my coaches on Express and Muskego for believing in me and getting me to this point in my athletic career. Additionally, thank you to all the coaching staff at UWGB for giving me this opportunity! Finally, thank you to my friends, family, and teammates for supporting me throughout my entire swimming journey. Go Phoenix!

Schlegel’s target meets of the last high school season were the Wisconsin Interscholastic Athletic Association (WIAA) Division 1 Sectional 5 meet and the WIAA Girls Division 1 State Championships, both held a week apart in early November.

At Sectionals, Schlegel walked away with four gold medals around her neck. She tackled the 50 free (23.59) and 100 free (52.13) individually, with both times checking in as new career bests. She also anchored Muskego’s winning 200 medley relay in 23.19 as well as led off their first-place 400 free relay in 52.57.

Schlegel’s momentum continued into the State Championships, where she finished in the top eight of all four of those same events. She notched 23.50 en route to fifth and another best time in the 50 free, while she broke 52 for the first time in 51.86 to grab seventh. She anchored the second-place medley relay in the exact same time she did at Sectionals, 23.19, before producing another sub-52 effort of 51.94 leading off the silver medal-winning 400 free relay.

She concluded her season at the NCSA Spring Championships in March, where she hit the wall 50th in the 50 free (23.93), 107th in the 100 free (53.09), 130th in the 200 free (1:56.86), and 219th in the 100 back (1:02.88). She was once again strong on relays, splitting 23.35 on the 10th-place 200 free relay, 23.84 on the 35th-place 200 medley relay, 53.62 on the 38th-place 400 medley relay, 52.57 leading off the 12th-place 400 free relay, and a PB of 1:53.26 leading off the 10th-place 800 free relay.

Top SCY Times:

  • 50 Freestyle: 23.50
  • 100 Freestyle: 51.86
  • 200 Freestyle: 1:53.26

Alex Lewis took the helm of the UWGB program in November 2021. He was able to hire a full-time assistant coach and a graduate assistant last season; in the first three years of his tenure as head coach, it was just him and a diving coach.

The UWGB women took sixth out of six teams at last year’s Horizon League Championships. A year prior, they finished last in the conference as well.

The conference meet scores ‘A’ and ‘B’ finals, and Schlegel’s best time in the 50 free would have situated her 8th out of prelims and into the ‘A’ final. In the 100 and 200 free, times of 51.21 and 1:52.58 were required to secure a lane in the championship heat. Her times in those events are quick enough for the ‘B’ final though, as it took 52.45 and 1:55.19 to qualify.

According to the team’s 2024-25 depth chart, Schlegel’s career bests in all three freestyle events would have ranked her second. Junior Emily Allen led the way with marks of 23.35, 51.18, and 1:50.27, respectively. She was 4th in the 200 free, 7th in the 100 free, and 9th in the 50 at the Horizon League Championships, but will be graduating a few months prior to Schlegel’s arrival on campus.

Schlegel joins Avelyn Brown, Hannah Tubbs, and Madeline Bichon in UWGB’s 2030 recruiting class.

The swimmers will arrive on a campus that has recently made several upgrades to its aquatic center, including a new $65,000 video board. The facelift at the pool comes amid other positive momentum for the NCAA Division I program, which included the reinstatement of athletic scholarships for the 2024-2025 season, four years after they were eliminated in a budget measure.

If you have a commitment to report, please send an email with a photo (landscape, or horizontal, looks best) and a quote to Recruits@swimswam.com.

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Read the full story on SwimSwam: 23.5/51.8 Freestyler Lindsey Schlegel Sends Verbal To Wisconsin–Green Bay For Fall 2026

Could Mushroom Walls be a Solution to Air Pollution?

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Two shocking statistics highlight the challenge. Firstly, in 2021 there was not a single country in the world that met the air quality standards set by the WHO. And secondly, the same organization estimates that air pollution is responsible for one out of every nine deaths per year worldwide. Using green power makes it possible to combat this almost invisible enemy mainly derived from fossil fuels. But there are many other solutions to air pollution.

How air purification with mycelium works

The use of fungi in sustainable architecture has already featured prominently in several of our articles in the past. What’s more, such an approach has its own name – mycotecture. A discipline that primarily uses the mycelium of fungi, i.e., their subterranean filaments, to produce organic structures. Now a Brunel Design student has come up with another sustainable application for these enigmatic organisms.

Named Myco-Hex, they are modular, hexagonal tiles that are integrated like honeycomb cells. The main component is mushroom mycelium, which has an explosive growth capacity and other properties. Firstly, it can absorb up to 80% of the carbon dioxide in the air. And secondly, it traps a large number of suspended hydrocarbon particles, a property that has already been proven in the cleanup of oil spills in the Niger Delta.

In addition to mycelium, this solution to air pollution has compartments in which nutrients are stored, which will be initially based on wood sawdust. However, using other raw materials, such as coffee grounds or compost from organic waste, is feasible.

Addressing air pollution is essential for the respiratory tract and skin care: hydrocarbon particles can cause ailments such as psoriasis, eczema, and even skin cancer.

As indicated in previous articles, mycelium-based structures also have fireproofing and insulating properties, thus allowing them to protect building facades and purify the air. 

Other solutions to air pollution

Electric mobility technologies are some of the primary solutions to air pollution, but there are also complementary techniques that could alleviate it. Here are some of the most striking ones we have seen lately:

The pollution-eating moss

Along the lines of mycelium, vegetation is one of the most common solutions to air pollution. Unfortunately, cities often do not have enough space for green areas. This is where the moss walls installed by a German company come into play. They can absorb carbon dioxide and polluting particles from the air without needing soil and more efficiently than trees.

A giant vacuum cleaner

A Dutch designer has devised a more drastic solution than moss panels. In his case, it is a seven-meter-high vacuum cleaner with a design inspired by Chinese pagodas. Research shows that the air in the areas where it has been installed is 75% purer. And that with the energy consumption of a living room fan.  

Windows that trap pollutant particles

What was once an architectural element designed to let in light and air from outside is now integrating more and more features, from photovoltaic glass to integrated TV screens. Stanford University and Tsinghua University in Beijing have joined forces in this field to develop a polymer coating sprayed onto window glass. This thin layer of nanofibers can filter out up to 90% of harmful particles and prevent them from entering buildings, which could be another solution to air pollution.

Concrete that grows (and cleans the air) like plants

Green concrete promises to be one of the significant assets of sustainable architecture. Several solutions have already been developed based on bacteria or synthetic chloroplasts that mimic photosynthesis to mineralize atmospheric carbon dioxide. And not only that: mineralization confers self-repairing properties to the material.

As you may have noticed, several of the solutions to air pollution mentioned in this article are inspired by nature to achieve more sustainable cities. This is known as biomimicry or biomimetics, a scientific approach behind many sustainable inventions.

Source:

Israel’s Destruction of Gaza City Leaves 78 Dead in Enclave | Latest Israel-Palestine Conflict News

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Israel has stepped up its destruction of Gaza City as it plans to seize Gaza’s largest urban centre and forcibly displace around one million Palestinians to concentration zones in the south, as it killed at least 78 people across the besieged enclave since dawn, including 32 desperately seeking food.

On Sunday, in Gaza City, the Palestinian Civil Defence reported a fire in tents near al-Quds Hospital after Israeli shelling. At least five people were killed and three wounded when a residential apartment was hit near the Remal neighbourhood.

Ismail al-Thawabta, director of Gaza’s Government Media Office, said the Israeli army is also using “explosive robots” in residential areas and forcibly displacing Palestinians in Gaza City.

In a statement on X on Sunday, al-Thawabta said the army has detonated more than 80 such devices in civilian neighbourhoods over the past three weeks, calling it a “scorched-earth policy” that has destroyed homes and endangered lives.

He said more than one million Palestinians in Gaza City and the north of the enclave “refuse to submit to the policy of forced displacement and ethnic cleansing” despite the destruction and starvation caused by the Israeli assault.

Footage posted on Instagram by Palestinian journalist Faiz Osama and verified by Al Jazeera showed the moments that followed an Israeli aerial attack on the Sabra neighbourhood, in the southern part of Gaza City.

In the footage, as plumes of smoke rise to the sky, a child can be seen screaming with a wound to the leg. A man also lays on the ground with what appears to be a head injury.

The video also shows the destruction left by the strike after residential buildings were flattened by the explosion.

Israel’s forces have carried out sustained bombardment on Gaza City since early August as part of a deepening push to seize the area in the latest phase of its nearly two-year genocidal war.

On Friday, the Israeli military said it had begun the “initial stages” of its offensive, declaring the area a “combat zone”.

‘Fields of rubble’

Reporting from Gaza City on Sunday, Al Jazeera’s Hani Mahmoud said intensifying Israeli attacks have been turning parts of Gaza City, once teeming and crowded with residential buildings, into “fields of rubble”.

“There is non-stop heavy artillery targeting the Zeitoun area and Jabalia, where we are seeing the systematic demolition of homes. There is hardly any fighting going on, but heavy artillery and bulldozers are moving from one street to the other, destroying all of these residential clusters,” he said.

“The majority of people in those areas do not have the luxury to pack up and leave because there is no safety anywhere.”

Another Palestinian journalist was also killed on Sunday. A source at al-Shifa Hospital told Al Jazeera that Islam Abed was killed in an Israeli attack on Gaza City and that she worked for Al-Quds Al-Youm TV channel.

The Government Media Office said the “number of martyred journalists has risen to 247″ since the war began. Other tallies have put the number of journalists and media workers killed at more than 270.

On Monday, five journalists – one of whom worked for Al Jazeera – were among at least 21 people killed in an Israeli attack on Nasser Hospital in southern Gaza’s Khan Younis.

‘Life is difficult, so we will stay in our home’

Many residents in Gaza City are opting to stay put despite Israel declaring it a “combat zone”.

It was Gaza’s most populous city before the war began, home to about 700,000 people. Then hundreds of thousands fled under Israel’s forced evacuation threats before many returned, joined by thousands of other displaced from the south, during a January-to-March ceasefire, which Israel broke.

Fedaa Hamad, who was displaced from Beit Hanoon, said she has “no plans to leave” Gaza City this time despite Israel’s latest warning.

“We are tired from the first displacement. Where are we going to go? Is there a place in the south? We cannot find it,” she said.

Akram Mzini, a resident of Gaza City, said he would not leave “because displacement is very difficult”.

“We were displaced to the south before, and displacement in the south is not simple and it is costly,” he said. “Life is difficult, so we will stay in our home, and whatever God wants will happen.”

Elsewhere in Gaza on Sunday, an Israeli attack on the centre of Deir el-Balah killed at least four people, Al Jazeera Arabic reported.

Earlier, medical sources said an Israeli bombardment killed at least one person and wounded several in the city, located in the central part of the Gaza Strip.

Israeli forces have killed at least 78 Palestinians across Gaza since dawn, including 32 aid seekers, according to medical sources.

Since the war began, Israel has killed at least 63,459 people and wounded 160,256. A total of 1,139 people were killed in Israel during the Hamas-led October 7, 2023, attacks, and about 200 were taken captive.

On Sunday, Israeli army chief Eyal Zamir held a situation assessment meeting with his top commanders, saying the military must “initiate” more attacks to surprise and reach its targets anywhere.

Many more reserve soldiers will assemble this week “in preparation for the continued intensification of the fighting against Hamas in Gaza City”, Zamir was quoted as saying by the military.

Meanwhile, the armed wing of Hamas said its fighters successfully attacked two invading Israeli military vehicles in Gaza City on Saturday.

The Qassam Brigades said a Merkava tank of the Israeli army was hit with a Yassin-105 shell, while a D9 military bulldozer was targeted with an explosive device on a street southwest of the Zeitoun neighbourhood of the besieged area.

As global condemnation against the situation grows, in the largest attempt to break the Israeli blockade of the Palestinian territory by sea, the Global Sumud Flotilla left the Spanish port city of Barcelona on Sunday.

The flotilla’s launch comes after the United Nations-backed Integrated Food Security Phase Classification (IPC) declared a state of famine in Gaza this month.

The Global Sumud Flotilla, which describes itself as an independent group not linked to any government or political party, did not say how many ships would set sail or the exact time of departure, but Swedish campaigner Greta Thunberg spoke of “dozens” of vessels.

Sumud means “perseverance” in Arabic.

Two previous attempts by activists to deliver aid by ship to Gaza were blocked by Israel.

Mohamad Elmasry of the Doha Institute for Graduate Studies told Al Jazeera that while the flotilla was “an important act of symbolic resistance … ultimately, they will be intercepted”.

“This is not going to solve the famine,” he said. “What’s going to solve the famine, ultimately, is governments doing their job to stop genocide and deliberate starvation programmes.”

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Israel claims Hamas spokesperson Abu Obeida was killed in Gaza

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Abu Obeida, the spokesman for Hamas’s armed wing, has been killed in an air strike in Gaza City, Israel has said.

Israel’s Defence Minister Israel Katz congratulated the Israel Defense Forces (IDF) and Israel’s security agency, Shin Bet, for the “flawless execution” in a post on X.

He gave no detail on the time or location of the operation, but the IDF earlier said its aircraft attacked “a key terrorist” in the al-Rimal neighbourhood on Saturday, prompting reports in Israeli media that Obeida had been the target.

Hamas has not confirmed his death. The Palestinian armed group earlier said dozens of civilians were killed and injured in Israeli strikes on a residential building in the district.

Katz warned on Sunday that many more of Obeida’s “criminal partners” would be targeted with “the intensification of the campaign in Gaza” – a reference to a recently approved Israeli plan to seize control of Gaza City.

Separately, the IDF and Shin Bet offered more details about Saturday’s strikes that targeted the Hamas spokesman.

They said in a joint statement that the operation had been “made possible due to prior intelligence gathered by [Shin Bet] and the IDF’s Intelligence Directorate” that had identified his hiding place.

Obeida was among the few remaining senior members of Hamas’s military wing from before its deadly 7 October 2023 attack on southern Israel.

Five missiles struck the second and third floor of the six-storey apartment in the al-Rimal neighbourhood building simultaneously from two different directions.

The flat that was targeted had been used as a dentist’s surgery. Witnesses reported seeing hundreds of thousands of dollars flying in the air after the strikes, with large sums stolen by locals but later recovered by Hamas.

The joint statement said Obeida “served as the public face of the Hamas terrorist organization” and “disseminated Hamas’ propaganda”.

Over the past few years, Obeida – believed to be about 40 years old – delivered a number of long diatribes against Israel on behalf of Hamas’s military wing, the al-Qassam Brigades.

Always masked in a Palestinian scarf, he became an idol to Hamas supporters throughout the Middle East.

In what may have been his final speech on Friday, Obeida said the fate of remaining Israeli hostages would be the same as that of Hamas fighters, warning Israel against its planned invasion of Gaza City.

Local journalists reported that at least seven people had been killed and 20 injured in the strikes on the densely populated al-Rimal neighbourhood, with children among the casualties.

Mohammed Emad, who runs a barbershop just 100m (328ft) from the site, told the BBC that “the blasts were terrifying – I couldn’t move for more than an hour”.

He added: “I can’t believe I’m still alive. I saw injured children with blood covering their faces, and people were running in every direction as if the world had ended.”

Footage verified by the BBC of the aftermath of the strikes shows terrified residents fleeing into the streets.

Blood can be seen flowing from a body covered by fabric, while an injured child is carried away by a man.

The IDF said that prior to the attack “many steps were taken to reduce the chance of harming civilians, including the use of precision weapons, aerial observations, and additional intelligence information”.

BBC News has been unable to independently verify the claims of either the IDF or Hamas.

In early August, Israel’s security cabinet approved a plan to seize control of Gaza City in a fresh offensive, with the stated aim of bringing the 22-month-long war to an end.

The UN has repeatedly warned that a complete military takeover would risk “catastrophic consequences” for Palestinian civilians and Israeli hostages held in Gaza. The UK’s ambassador to Israel has said it would be “a huge mistake”.

Israeli Prime Minister Benjamin Netanyahu has vowed to defeat Hamas and defied international criticism of his plans to expand the war.

Israel’s military operation in Gaza began in response to the Hamas-led 7 October attack, in which about 1,200 people were killed and 251 others were taken hostage. Since then, more than 63,000 Palestinians have been killed, according to the Hamas-run Gaza health ministry.

While the operation to capture Gaza City has yet to begin in earnest, Israeli attacks on the city – where nearly a million people live – have been ongoing.

One local resident told the BBC that the same apartment building struck on Saturday had already been hit in an earlier Israeli air raid months ago.

The Israeli military has said it plans to evacuate Gaza City’s entire population and move it to shelters in the south before troops move in. Most of Gaza’s population has already been displaced many times during the conflict.

More than 90% of the city’s homes are estimated to be damaged or destroyed, and the healthcare, water, sanitation and hygiene systems have collapsed.

Last week, conditions of famine were confirmed in Gaza City and its surrounding areas for the first time.

USTR states US continues trade deal negotiations despite court ruling

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US still working on trade deals despite court ruling, USTR says

Leader of Yemen’s Houthi group denounces Israel’s history of violence following recent killings | UN News

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Israel has repeatedly targeted the Houthis in recent months as tensions with the group increase over the war in Gaza.

The leader of Yemen’s Houthis, Abdel-Malik al-Houthi, has denounced Israel and signalled defiance, hailing assassinated government leaders as “the martyrs of all Yemen”, the day after the group confirmed the death of its prime minister and other cabinet ministers.

“The Israeli enemy, with its crimes and savagery, does not spare even children, women and defenceless civilians,” he said during his first speech on Sunday since the Israeli strikes, according to Houthi media.

“The crime of targeting ministers and civilian officials is added to the criminal record of the Israeli enemy in the region.”

The prime minister of the Houthis’ government in the capital, Sanaa, Ahmed Ghaleb al-Rahawi, was killed in a Thursday Israeli strike on Sanaa along with “several” other ministers, the Houthis said in a statement on Saturday.

Al-Rahawi, who served as prime minister in areas of the divided country that the group controls, was targeted along with other members of the Houthi-led government during a workshop, the statement said.

Al-Houthi added that the “record of the Israeli enemy is one of horrific terror” as it kills people in Palestinian territory, Lebanon, Syria, Iraq and Iran. He called Israel “a criminal foe that demonstrates its savagery, criminality and aggression through practices that know no rules, no commitments, no charters and no considerations”.

The Houthi commander said the group will keep acting against Israel in opposition to the war on Gaza in solidarity with Palestinians suffering, adding that “our people will not be weakened by the aggression they are facing”.

Israel has repeatedly targeted Houthi positions in recent months as the Yemeni group has launched attacks on Israel and on Western vessels in the Red Sea and Gulf of Aden.

Quoting unnamed sources, Israeli media reported on Friday that the Israeli army attacked the entire Houthi cabinet, including the prime minister and 12 other ministers, on Thursday.

The attack came four days after Israeli strikes on the Yemeni capital on August 24 killed 10 people and wounded more than 90, according to health officials.

Houthi raids on UN offices

In an apparent effort to tighten security amid Israel’s attacks across Sanaa, the Houthis on Sunday raided offices of the United Nations’ food and children’s agencies in Yemen’s capital, detaining at least one UN employee, officials said.

Ammar Ammar, a spokesperson for the UN Children’s Fund (UNICEF), told the Associated Press that there was “an ongoing situation” related to their offices in Sanaa, without providing further details.

The UN official said contacts with several other World Food Programme (WFP) and UNICEF staffers were lost and that they were likely also detained.

Abeer Etefa, a spokesperson for the WFP, told the Associated Press that security forces also raided the agencies’ offices in the Houthi-controlled capital on Sunday morning.

“WFP reiterates that the arbitrary detention of humanitarian staff is unacceptable,” Etefa said.

The raids are the latest in a long-running Houthi crackdown against the UN and other international organisations working in rebel-held areas in Yemen.

They have detained dozens of UN staffers, as well as people associated with aid groups, civil society and the now-closed US Embassy in Sanaa.

In February, the UN also suspended its operations in the Houthi stronghold of Saada in northern Yemen after the Houthis detained eight UN staffers in January.

The next 14 trading sessions will determine the stock market’s future

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The next few weeks will give Wall Street a clear reading on whether this latest stock market rally will continue — or if it’s doomed to get derailed.

Jobs reports, a key inflation reading and the Federal Reserve’s interest rate decision all hit over the next 14 trading sessions, setting the tone for investors as they return from summer vacations. The events arrive with the stock market seemingly at a crossroads after the S&P 500 Index just posted its weakest monthly gain since March and heads into September, historically its worst month of the year.

At the same time, volatility has vanished, with the Cboe Volatility Index, or VIX, trading above the key 20 level just once since the end of June. The S&P 500 hasn’t suffered a 2% selloff in 91 sessions, its longest stretch since July 2024. It touched another all-time high at 6,501.58 on Aug. 28, and is up 9.8% for the year after soaring 30% since its April 8 low. 

“Investors are assuming correctly to be cautious in September,” said Thomas Lee, head of research at Fundstrat Global Advisors. “The Fed is re-embarking on a dovish cutting cycle after a long pause. This makes it tricky for traders to position.”

The long-time stock-market bull sees the S&P 500 losing 5% to 10% in the fall before rebounding to between 6,800 to 7,000 by year-end.

Eerie Calm

Lee isn’t alone in his near-term skepticism. Some of Wall Street’s biggest optimists are growing concerned that the eerie calm is sending a contrarian signal in the face of seasonal weakness. The S&P 500 has lost 0.7% on average in September over the past three decades, and it has posted a monthly decline in four of the last five years, according to data compiled by Bloomberg.

The major market catalysts begin to hit on Friday with the monthly jobs report. This data ended up in the spotlight at the beginning of August, when the Bureau of Labor Statistics marked down nonfarm payrolls for May and June by nearly 260,000. The adjustment set off a tirade by President Donald Trump, who fired the head of the agency and accused her of manipulating the data for political purposes. 

After that, the BLS will announce its projected revision to the Current Employment Statistics establishment survey on Sept. 9, which may result in further adjustments to expectations for jobs growth.

Then inflation takes the stage with the consumer price index report arriving on Sept. 11. And on Sept. 17, the Fed will give its policy decision and quarterly interest-rate projections, after which Chair Jerome Powell will hold his press conference. Investors will be looking for any roadmap Powell provides for the trajectory of interest rates. Swaps markets are pricing in roughly 90% odds that the Fed will cut them at this meeting.

Two days later comes “triple witching,” when a large swath of equity-tied options expire, which should amplify volatility.

That’s a lot of uncertainty to process. But traders seem oddly unconcerned about this crucial stretch of data and decisions. Hedge funds and large speculators are shorting the Cboe Volatility Index, or VIX, at rates not seen in three years in a bet the calm will last. And jobs day has a forward implied volatility reading of just 85 basis points, indicating the market is underpricing that risk, according to Stuart Kaiser, Citigroup’s head of US equity trading strategy.

Turbulence Risk

The problem is, this kind of tranquility and extreme positioning has historically foreshadowed a spike in turbulence. That’s what happened in February, when the S&P 500 peaked and volatility jumped on worries about the Trump administration’s tariff plans, which caught pro traders off-sides after coming into 2025 betting that volatility would stay low. Traders also shorted the VIX at extreme levels in July 2024, before the unwinding of the yen carry trade upended global markets that August.

The VIX climbed toward 16 on Friday after touching its lowest levels of 2025, but Wall Street’s chief fear gauge still remains 19% below its one-year average.

Of course, there are fundamental reasons for the S&P 500’s rally. The economy has stayed relatively resilient in the face of Trump’s tariffs, while Corporate America’s profit growth remains strong. That’s left investors the most bullish on US stocks since they peaked in February, with cash levels historically low at 3.9%, according to Bank of America’s latest global fund manager survey.

But here’s the circular problem: As the S&P 500 climbs higher, investors become increasingly concerned that it is overvalued. The index trades at 22 times analysts’ average earnings forecast for the next 12 months. Since 1990, the market was only more expensive at the height of dot-com bubble and the technology euphoria coming out of the depths of the Covid pandemic in 2020.

“We’re buyers of big tech,” said Tatyana Bunich, president and founder of Financial 1 Tax. “But those shares are very pricey right now, so we’re holding some cash on the sidelines and waiting for any decent pullback before we add more to that position.” 

Another well-known bull, Ed Yardeni of eponymous firm Yardeni Research, is questioning whether the Fed will even cut rates in September, which would hit the stock market hard, at least temporarily. His reason? Inflation remains a persistent risk.

“I expect this stock rally to stall soon,” Yardeni said. “The market is discounting a lot of happy news, so if CPI is hot and there’s a strong jobs report, traders suddenly may conclude rate cuts aren’t necessarily a done deal, which may lead to a brief selloff. But stocks will recover once traders realize the Fed can’t cut rates by much because of a good reason: The economy is still strong.”

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