We know what’s coming and we are prepared.
Prime Minister Netanyahu at the beginning of the cabinet meeting:
I greatly appreciate the support of President Biden and the American administration for Israel. Since the beginning of the war, the US has given us support in spirit and material - with means of defense and means of attack.
But about four months ago, there was a dramatic drop in the supply of armaments arriving from the US to Israel. For weeks we asked our American friends to speed up the shipments. We did it time and time again. We did it at the highest levels, and at all levels, and I want to emphasize - we did it in private rooms. We got all kinds of explanations, but one thing we didn't get: the basic situation didn't change. Certain items arrived in trickles, but the great mass of armaments remained behind.*
After months of the lack of change in this situation, I decided to give it a public expression. I did this out of years of experience, and knowing that this step is essential to extracting the traffic jam. I expected that this would involve personal attacks against me from home and abroad, as happened when I opposed the nuclear deal with Iran, as happened and continues to happen when I repeatedly opposed the establishment of a Palestinian terrorist state, and as is happening now when I oppose ending the war while leaving Hamas intact. But I am ready to suffer personal attacks for the sake of Israel's security.
As Prime Minister of Israel, my role is to do everything to ensure that our heroic fighters have the best means of combat.
In light of what I have heard in the past day, I hope and believe that this issue will be resolved in the near future. But I would like to emphasize, and I have also said this to our American friends - We have one measure and it has always tipped the scales: the bravery and determination of our fighters - and with this weapon we We will win."
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. 😳
"Savor is part of bringing transformation to the food system by re-imagining how we make an entire macronutrient—fats and oils."
"The result is that we can dramatically lower the planetary footprint of our food system."
"Our food system today uses about 50% of the habitable land on the planet. It's 20-30% of our greenhouse gas emissions."
"And we can reduce all of those by 50-100%."
Source
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[July 3, 2026 EST]
🔥 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 “devastating”; Airbus says defense cooperation remains pressured.
📊 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 ...
🇮🇷🏆🇺🇸 Iran Is a Bigger Defeat Than Vietnam | Foreign Policy
At his second inaugural, U.S. President Donald Trump pronounced his hope “that our recent presidential election will be remembered as the greatest and most consequential election in the history of our country.” 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, ...
