We know what’s coming and we are prepared.
Israel plans for ‘long war’ and aims to kill top three Hamas leaders, FT reports.
Israel is planning a campaign against Hamas that will stretch for a year or more, with the most intensive phase of the ground offensive continuing into early 2024.
The multi-phase strategy envisages Israeli forces, who are garrisoned inside north Gaza, making an imminent push deep into the south of the besieged Palestinian enclave.
The goals include killing the three top Hamas leaders — Yahya Sinwar, Mohammed Deif and Marwan Issa — while securing “a decisive” military victory against the group’s 24 battalions and underground tunnel network and destroying its “governing capability in Gaza”.
“This will be a very long war . . . We’re currently not near halfway to achieving our objectives,” said one person familiar with the Israeli war plans.
Israel’s overall strategy for Gaza is flexible, with timing dictated by multiple “clocks”, including operational progress on the ground, international pressure and opportunities to free Israeli hostages, the people said.
The renewed high-intensity ground operation will probably require a few more months, taking it into the new year, the people familiar with the preparations estimated.
“This isn’t going to be weeks,” said one person familiar with US-Israel discussions over the war.
After that, there will be a “transition and stabilisation” phase of lower military intensity that could continue into late 2024, with the location of Israeli ground forces during this phase still unclear.
Unlike previous Israeli military operations and wars, one Israeli official suggested there would not be a firm end point.
“The referee won’t blow the whistle and it’s over,” they said.
🇺🇸 Teenagers are now facing charges after doing a ding-dong ditch prank with a twist. They showed up in masks, wearing tactical gear and a rifle, or what looks like a rifle.
Two #Delaware teenagers, aged 16 and 17, faced charges after knocking on doors in New Castle while wearing tactical-style vests and carrying what appeared to be a rifle, police said.
This could’ve ended so badly..
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🌆 Market News Digest
[Oct 20, 2026 EST]
🔥 Top Stories
• US–Iran tensions swing markets — Hormuz tanker fire, Israel warns of renewed strikes, Rubio says talks are hard; oil stayed volatile even as Brent eased below $109
• Anthropic’s massive AI spend shock — WSJ says it may spend >$600B on compute, with huge cloud/Nvidia commitments and >$80B H1 loss
• Trump on Ukraine, Iran and trade — says Ukraine must make a deal, India trade is “pretty close,” and he’s weighing Iran action
⛽ Oil & Energy
• Hormuz tanker fire / mine incident — IRGC says a supertanker carrying >2M barrels caught fire after hitting a mine
• Europe gas >€90 — benchmark tops 2022 levels on supply fears; US diesel prices remain elevated
• NATO and EU security push — NATO adds Black Sea assets; EU doubles down on Arctic security and keeping fossil fuels in the ground
📊 Markets & Macro
• US housing weakens further — starts fell 5.2% and pending sales dropped 7.3% to a record low, pressuring ...
📝 🇪🇺 🇫🇷 Mario Nawfal on X: Europe's riots are just the beginning. The real economic shock hasn't even arrived yet.
I spoke with economist Philip Pilkington about the unrest spreading across France, Italy and Albania.
He thinks we're watching the early stages of something much bigger.
One statistic really caught my attention.
According to Pilkington, France's inflation-adjusted household food consumption has fallen roughly 6.4% since 2022. He suspects the poorest households have suffered far steeper cuts.
Now add another surge in energy prices.
Pilkington pointed to rice futures rising 70% this year, wheat and sugar climbing 40%, and fertilizer shortages threatening next year's harvest.
His prediction is that the worst food inflation could arrive this winter or next spring.
And there's a political problem sitting right on top of it.
Governments across Europe are already deeply unpopular. People are struggling to afford basic necessities, and another prolonged energy ...
