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šŸ‡µšŸ‡ø šŸ‡®šŸ‡± šŸ‡®šŸ‡· Waiting for war in Haifa | Gidon Ben-Zvi

šŸ‘¤ Gidon Ben-Zvi contributes to The Algemeiner, The Times of Israel, The Jerusalem Post, CiF Watch and blogs at Jerusalem State of Mind.

šŸ”¶ļø "Israelis sitting in front of their television screens can’t help but notice that the Home Front Command’s list of areas where red alert alarms are going off is increasing daily. And with Hezbollah’s theater of operations expanding, Israel is effectively shrinking. As a result, residents of Haifa—Israel’s third largest city, with a population of close to 300,000—believe that it’s only a matter of time before they are ordered to evacuate their homes."

šŸ”¶ļø "Haifa is now next in line to be attacked by Hezbollah. It lives a life in limbo. We continue to work. Our children go to school. But the red alerts are multiplying. My cousin in the northern coastal city of Nahariya—about a 30-minute drive from Haifa—now regularly hears bombs overhead, forcing her and her family to run to their home’s safe room. My wife and her workplace colleagues in Acre—25 minutes by car from where we live—are constantly hearing sirens. Virtually every afternoon, my kids come home from school with updates about another classmate whose father has been called up for a second tour of reserve duty, this time in the north."

šŸ”¶ļø "We have entered a period of threat and waiting. What the people of the north are experiencing today is not unlike the hamtanah the ā€œWaiting Periodā€ before the 1967 Six-Day War. During the three weeks of the hamtanah, Arab nations were poised to annihilate Israel. Jerusalem mobilized the IDF reserves. In this tension-filled time, Israeli morale plummeted, catalyzing a political crisis that led to the formation of Israel’s first unity government."

šŸ”¶ļø "Based on Hezbollah’s modus operandi, anything short of a rapid reestablishment of the preemption doctrine could well lead to Israel having to abandon the Galilee and other parts of the north. At this rate, people will soon be talking about a Kfar Saba envelope in addition to the one around Gaza. It would be a damned shame to have to leave it all behind."

https://www.jns.org/waiting-for-war-in-haifa/

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Speaking at the WEF, Savor CEO Kathleen Alexander boasts about how her company is "saving the planet" from the evils of agriculture by replacing real butters and oils with synthetic versions made from carbon dioxide and methane. 😳

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šŸŒ† Market News Digest
[July 3, 2026 EST]

šŸ”„ Top Stories
• Middle East risk flares — IDF hits Hezbollah sites in south Lebanon; Houthis threaten Saudi assets; France deploys naval/mine-countermeasure assets near Hormuz.
• U.S. oil market scrutiny — DOJ/FTC say they’re monitoring crude for price-fixing/collusion as Brent settles at $72.12/bbl.
• Trump pardons saga — Trump signs pardons for six and faces fresh scrutiny after NBC reported undisclosed stock purchases before tariff pause.

⛽ Oil & Energy
• Gulf crude exports topped 10M bpd in June but remain ~40% below pre-conflict levels; Fitch flags ongoing Iran/Mideast risk to corporates and oil forecasts.
• CMA CGM warns Hormuz transit charges would be ā€œdevastatingā€; Airbus says defense cooperation remains pressured.

šŸ“Š Markets & Macro
• Germany’s 2027 draft budget lifts borrowing to €203.7B and spending to €555.4B; euro equities firm with DAX +0.85%.
• ECB/BoE message: inflation still the focus, but Bailey says UK ...

Defeat

šŸ‡®šŸ‡·šŸ†šŸ‡ŗšŸ‡ø Iran Is a Bigger Defeat Than Vietnam | Foreign Policy

At his second inaugural, U.S. President Donald Trump pronounced his hope ā€œthat our recent presidential election will be remembered as the greatest and most consequential election in the history of our country.ā€ By losing his Gulf war, Trump has achieved that goal. His choice to launch a campaign against Iran was encouraged by others, but fully his own. It has led to a reversal that marks a strategic calamity far greater than the U.S. defeat in the Vietnam War.

Defeat in the Iranian war looks, on the surface, nothing like other U.S. military defeats. The speed of the war and its remoteness have lent an air of unreality to the whole endeavor. The White House has not been burned, as it was in 1814; there have not been protests against a nonexistent draft. The absence of substantial U.S. casualties in this conflict also masks the scale of the U.S. defeat. To be sure, the war has been deadly: Thousands of Iranians, ...

The Path to War

According to The Wall Street Journal, Donald Trump reviewed military options for a full-scale war against Iran to ā€œfinish the job,ā€ but has decided, for now, not to move forward.

The report says Trump is concerned that renewed military conflict could hurt the chances of a diplomatic resolution and of dismantling Iran’s nuclear program, and that he’s shown willingness to let indirect talks in Qatar run past the August 18 deadline. He is said to be fine with continuing limited strikes on Iranian targets if Tehran violates the current temporary deal - as it already has, repeatedly.

How are those negotiations going?

Not well. It seems JD Vance’s ā€œhistoricā€ face-to-face achievement was a one-off. Washington has been quietly downgraded from talking to the Great Satan to negotiating with the Little Satan instead - a senior Qatari official confirmed that U.S. envoys Steve Witkoff and Jared Kushner met Qatari officials in Doha, but there are currently no high-level U.S.-Iran meetings ...

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