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Tesla reported 336,000 vehicle deliveries in the first quarter of 2025, a 13% decline from a year ago, two days after the electric vehicle company’s stock wrapped up its worst quarter since 2022.

Here are the key numbers:

Investors were expecting Tesla to report deliveries of between 360,000 and 370,000 vehicles, according to StreetAccount. Tesla’s investor relations team sends a company-compiled consensus to select analysts, and said the average estimate was for around 377,590 deliveries. Prediction market company Kalshi on Tuesday released a forecast for Tesla deliveries of 352,000.

In the first quarter of 2024, Tesla reported 386,810 deliveries, and production of 433,371 vehicles.

Deliveries are the closest approximation of vehicle sales reported by Tesla but are not precisely defined in the company’s shareholder communications.

Tesla doesn’t break out sales and production by model or region. However, the company said that it produced 345,454 of its most popular Model 3 and Model Y cars and delivered 323,800 of them in the three months ending March 31.

The company reported 12,881 deliveries of its other models, including its angular steel Cybertruck.

During the quarter, Tesla faced planned, partial shutdowns in some of its factories that allowed the company to upgrade manufacturing lines to start producing a redesigned version of its popular Model Y SUV.

CEO Elon Musk recently said during an all-hands session with Tesla employees that he expects the Model Y to be the “best-selling car on Earth again this year.” 

But Tesla has to contend with an onslaught of EV competition and reputational damage. In the first quarter, the company was hit with waves of protests, boycotts and some criminal activity that targeted Tesla vehicles and facilities in response to Musk’s political rhetoric and his work as part of President Donald Trump’s second administration.

After spending $290 million to help return President Donald Trump to the White House, Musk is leading the Department of Government Efficiency (DOGE), where he’s slashing costs, eliminating regulations and cutting tens of thousands of federal jobs.

Musk, the world’s wealthiest person, has also involved himself in European politics, promoting the anti-immigrant AfD party in Germany in February’s elections. Tesla’s business on the continent is struggling.

Across 15 European countries, Tesla’s market share declined to 9.3% in the first quarter from 17.9% in the same period a year earlier, according to data tracked by EU-EVs.com. In Germany, Tesla’s market share in battery electric vehicles plummeted to 4% from about 16% over that stretch.

Sales of Tesla’s electric vehicles made in China came in at 78,828 in March, slumping 11.5% year-on-year, according to data from the China Passenger Car Association released Wednesday. The company is facing rising competition in the region from EV makers such as BYD.

Tesla shares sank 36% in the first quarter, their steepest drop since the fourth quarter of 2022 and third-biggest decline in the company’s 15 years on the public market. The drop wiped out $460 billion in market cap.

This post appeared first on NBC NEWS

Retailers and brands have turned to Vietnam to manufacture goods from sneakers to couches while moving some or all production out of China.

For years, China’s southern neighbor became a popular alternative for companies trying to avoid the crossfire of U.S. trade tensions with Beijing. Now, as President Donald Trump expands his tariff targets, they can no longer steer clear.

Trump said he will put a 46% duty on imports from Vietnam as part of a new wave of global levies announced Wednesday. That could soon raise costs for major corporations in the apparel, furniture and toy space, and some of them may pass those increases to consumers in the form of price hikes. The tariffs on Vietnam take effect on April 9.

China exported more goods to the U.S. than any other country for more than two decades, but Mexico surpassed China as the top source in 2023. China is now the second largest supplier to the U.S., accounting for $438.9 billion worth of goods in 2024, according to government data from the Office of the U.S. Trade Representative.

For companies that have looked to diversify the countries they rely on for production and reduce risks from trade conflicts with China, Vietnam has also become a popular place to go. Imports from Vietnam grew to $136.6 billion in 2024, up about 19% from 2023, according to the Office of the U.S. Trade Representative.

On the other hand, imports from China rose only 2.8% from 2023 to 2024, according to government data. Imports from China dropped about 18% last year when compared to 2022, when the U.S. brought in $536.3 billion in goods from the country.

The duties will hit companies at a time when many consumers have become value-conscious and selective about spending due to persistent inflation and concerns about the economy. While it is unclear now which companies will raise prices due to the tariffs, businesses may be reluctant to shoulder the higher costs as they forecast lackluster spending in the months ahead.

Some household names will feel the pinch from Vietnam tariffs. Nike manufacturers about half of its footwear in China and Vietnam, with about 25% coming from Vietnam. Trump will put a 34% tariff on top of existing 20% duties on imports from China, for an apparent rate of 54%, a White House official told CNBC.

The tariffs would be yet another headwind for the sneaker and athletic apparel giant, which already delivered a disappointing forecast for the current quarter. That guidance, which projects a double-digit percentage sales decline in the three-month period, included the estimated impact from tariffs on imports from China and Mexico.

Expanded tariffs could stall or slow Nike’s efforts to revive its brand and improve sales under its new CEO Elliott Hill, a company veteran who took the helm last fall.

Nike shares dropped more than 6% in extended trading Wednesday. Adidas and other major footwear players also rely heavily on Vietnam.

The two companies did not immediately respond to CNBC’s request for comment.

Nearly a third of footwear imports in the U.S. came from Vietnam in 2023, the most recent full-year data available, according to the Footwear Distributors and Retailers of America, an industry trade group.

Steve Madden, for example, said on an earnings call in early November that it would slash its imports to the U.S. from China by as much as 45% over the next year. The footwear maker made that announcement just days after Trump’s presidential victory, following his campaign trail promises to impose steep tariffs on countries like China.

Yet one of the nations Steve Madden has accelerated its move to is Vietnam, along with Cambodia, Mexico and Brazil, CEO Edward Rosenfeld said at the time on the earnings call.

Vietnam was the second largest country for suppliers of Ugg and Hoka parent company Deckers Brands as of this month. The company has 68 supply chain partners in Vietnam, which is surpassed only by its 125 suppliers in China. Deckers shares dropped nearly 9% in extended trading. The company did not immediately respond to a request for comment.

VF Corporation, which is made up of footwear, apparel and accessories brands including The North Face, Timberland, Vans and Jansport, has a heavy reliance on China and Vietnam, too. About 38% of its suppliers are in China and 17% are in Vietnam, adding up to 55% of exposure across the two countries, according to a manufacturing disclosure from December.

The company’s shares dropped more than 8% in extended trading Wednesday. VF declined to comment, citing its quiet period before its upcoming earnings report.

The furniture industry has also ramped up its reliance on Vietnam.

In 2023, 26.5% of U.S. furniture imports came from the country, close behind the 29% coming from China, according to data from the Home Furnishings Association, a trade group that lobbies on behalf of home goods retailers. The group cited investment banking firm Mann, Armistead & Epperson — one of the furniture industry’s top sources for data.

Taken together, that means about 56% of U.S. furniture imports come from both regions combined.

On an earnings call in February, Wayfair CEO Niraj Shah said the shift to countries outside of China has been “a growing trend” since Trump enacted tariffs during his first administration.

He said places like Cambodia, Indonesia, Thailand, the Philippines and Vietnam “have grown as places where folks have factories and where our goods are coming from.”

Wayfair’s stock plunged about 12% in extended trading. In a statement, Wayfair said it is “closely monitoring the evolving trade landscape.” The company added it is “well-positioned to continue offering customers the best possible combination of value, assortment, and experience.”

Toymakers have also leaned on Vietnam to make more merchandise that’s imported and sold to kids and adults across the U.S. Hasbro, SpinMaster, Mattel and Crayola are among the companies that work with GFT Group, one of the largest toy manufacturers in the Southeast Asia.

In addition to long-established manufacturing facilities in China, GFT currently has five production facilities in northern Vietnam that employ over 15,000 workers.

On a call in early March, Funko Chief Financial Officer Yves LePendeven said the company, which is known for its big-eyed plastic collectibles called Pops, was working hard to control what it could in the year ahead. That includes trying to offset tariffs by “renegotiating factory costs, accelerating our shift in production to other sourcing countries, and implementing pricing adjustments,” he said.

On the call, he said about a third of Funko’s global product purchases come from China. He didn’t name the countries that Funko was moving production to, but it is a customer of GFT Group.

Those toymakers did not immediately respond to CNBC’s requests for comment.

Curtis McGill is the co-founder of Hey Buddy Hey Pal, a toy company that specializes in Easter egg decorating kits. He said he expects the 46% tariffs to raise toy costs in the U.S., but added companies will likely be negotiating with suppliers in Vietnam to try to mitigate those hikes.

“A lot of manufacturers and the actual toy companies have been already having conversations with manufacturing plants having to to help in some regards, because the toy companies are getting pressure to try and maintain prices on this side from the retailers,” McGill said.

For companies, including apparel makers, the new tariff policies have raised questions about whether — and where — to potentially move their manufacturing. Last month, an investor asked American Eagle Outfitters about its exposure to Vietnam on its most recent earnings call.

Chief Financial Officer Michael Mathias said the jeans and apparel brand’s production is similar in Vietnam and China, with “high-teens to 20%” of production in each of those countries. He said the company aims to trim that back to single-digits by the back half of the year.

American Eagle shares dipped more than 5% on Wednesday. The company did not immediately respond to CNBC’s request for comment.

Yet both Mathias and American Eagle CEO Jay Schottenstein said on the company’s last earnings call that it will be crucial to stay flexible, while waiting to see how tariffs would play out and which countries would be targeted.

Schottenstein referred to eight years ago during the first Trump administration, when American Eagle also faced challenges and had to figure out a new plan.

Schottenstein said there’s another shift coming, but “nobody knows what the story is yet.”

“I wouldn’t be rushing,” he said. “You go rush, where am I rushing to? I don’t know where I’m rushing to.”

Peter Baum is the chief financial officer and chief operation officer of Baum Essex, a New York-based manufacturer with licenses to make products for brands like Nautica, Betsey Johnson and Steve Madden. During the first Trump administration in 2019, Baum moved factories from from China to the Philippines, Cambodia, Vietnam and India.

He told CNBC on Wednesday that the reciprocal tariffs would do massive damage to his company.

“This is how you start a global depression. After 80 years and five generations Trump just put us out of business,” Baum said.

— CNBC’s Sarah Whitten, Jason Gewirtz and Eamon Javers contributed to this report.

This post appeared first on NBC NEWS

With the pedigree of a person who has seen his share of bust-ups in the boardroom and on the ice, Canadian American businessman Graeme Roustan is blunt about the looming trade war and what it will mean for the two countries he calls home.

“It’s totally ridiculous,” says Roustan, a prolific entrepreneur and owner of Roustan Hockey in Brantford, Ontario. “This business here has been in place for 178 years and it’s been selling product and trading product with the United States since before Canada was a country. It’s just ridiculous to insult your neighbor, and as a dual citizen, Canadian American, I don’t understand it from the American point of view either, why would we insult Canadians?”

His wooden hockey stick company is one of the last manufacturers of its kind in North America, based in the proud hometown of the man widely seen as hockey’s G.O.A.T. (greatest of all time), Wayne Gretzky, known here as simply, “The Great One.”

Roustan’s business, the city, and even the hockey legend himself have all been caught in the crossfire of the trade war declared by US President Donald Trump that from April 2 will see the US impose widespread tariffs against Canada and other once-friendly trading nations.

For Roustan, what the president is calling “liberation day,” feels more like “disaster day.” Business has already been impacted and customers are jittery, he says.

“All these are going to the Miracle on Ice Team USA 45th Anniversary Fantasy Camp,” Roustan says, while holding a red, star-spangled hockey stick in his hand. The stick, he says, needs to be shipped to the US in a hurry to avoid tariffs. “The customer wants this to cross the border as soon as possible because they don’t want to get a 25% tax on their invoice.”

While similar concerns are being voiced by many in Brantford’s business community, the looming disaster for the town’s arguably most famous export is about reputation rather than the bottom line.

From ‘Great One’ to hated one

Hockey legend Gretzky, who has nurtured a long-standing and very public relationship with Trump and has lived in the US for decades, has been taking flak from his fellow Canadians since Trump first announced he wanted America’s northern neighbor to be reduced to the 51st state.

Now, with the looming tariffs deepening the sense of betrayal felt across Canada, many of Gretzky’s countrymen are directing and distilling their anger toward their once-untouchable hockey hero.

Roustan calls Gretzky a friend, and he is astounded that some would think he would ever be a traitor to his Canadian roots.

“To drop Wayne Gretzky’s name into the middle of this,” says Roustan, clearly incredulous, “It’s a drive-by assassination of a name, a good quality Canadian name, it’s just been just completely ridiculous.”

It started with Gretzky attending an election night party with Trump, a social media post of him wearing a MAGA hat, capped with a happy snap of him and his wife, Janet, attending Trump’s inauguration in January. Trump, for his part, boasted he counseled Gretzky to run for Prime Minister of Canada, and then quipped he’d rather see Gretzky as “governor” of Canada as America’s “51st state.”

Since then, the Gretzky reckoning has been chronicled in Canada with social media riffs, memes and newspaper editorials.

The pages of Canada’s Globe and Mail newspaper has weighed in on much of it, starting weeks ago with opinion columnist Cathal Kelly writing, “He’ll show up for any gala dinner, but when his best buddy the president is threatening to annex the country? Oh, you wouldn’t believe how busy he is then.”

Kelly wrote again last week, wondering why Canadians are so obsessed with Gretzky, concluding, “What most of these people feel is betrayal. Many countries have a great turncoat in their history. Gretzky has become ours.”

As parents and players headed in the Wayne Gretzky Sports Centre on a recent weekend here in Brantford, passing a triumphant statue of the hockey prodigy lifting the Stanley Cup, the anger and contempt does not square with the devotion and donations Gretzky and his family have made to this community over the years.

Rick Mannen took his seat aside the rink to watch the local Brantford Titans take to the ice. He says he wishes the hockey legend he still admires would say something to his friend, President Trump.

“He’s kind of a voice of Canada, he has been that way in the past and he is now if he chose to do that. So I really would like to see Wayne do that, but I still don’t feel any ill against Wayne just because he’s a friend of Donald Trump.”

When asked what Mannen wishes Gretzky might tell the president: “I wish he would say to Donald ‘back off and treat Canada as a partner instead of trying to take over.’”

Junior hockey coach Terry Corbin has a different take, saying Gretzky hasn’t really been a part of Brantford for a long time.

“He hasn’t lived here for how many years. I mean, I almost see him as kind of somebody with dual citizenship, but who has chosen United States of America,” says Corbin.

A city in the crosshairs

The highway leading to this gritty, working-class city bears the name of its hockey icon, but the Wayne Gretzky Parkway might as well be a free-trade expressway.

Hundreds of warehouses and manufacturing facilities dot the landscape. The city is a little more than an hour’s drive from both Toronto and Buffalo and has become a convenient crossroad for Canadian companies and US subsidiaries.

For Brantford, the recessions of the 1980s and 90s gave way to a thriving business and commuter corridor that led to substantial growth in both employment and income.

A recent Canadian Chamber of Commerce analysis found that Brantford is one of the top five cities vulnerable to American tariffs.

The city’s mayor, Kevin Davis, says some businesses here sell up to 80% of what they make in the US, but they also buy many of their raw materials from American factories. He describes Brantford as tough and resilient but he says there is no doubt tariffs will affect livelihoods.

“Our local economy is very intertwined and integrated with that in the US and not just in the auto parts industry. We have a lot of food processing here, plastics, pharmaceuticals, that is the essence of the economy here in Brantford. It’s a mutually beneficial relationship with the United States,” he says, adding that it would take the city four to 10 years to reimagine its industrial strategy if tariffs are punishing and long-lasting.

“There’ll be industries in Brantford that may shut down, they may reduce production, they may have to retool, and – for a year or two – not be producing much and employing less,” warns Davis. “That’ll happen and there will be people in our community that will suffer.”

But, he promises, the city will fight back and bounce back.

“You know, we’re nice until we’re not. And yeah, if you want a war, then it’s a war. But it’s a, it’s a totally meaningless war from my perspective. I really, frankly don’t understand it.”

Many bewildered workers and consumers in this city are already preparing by cutting back on spending and cutting out most American products.

Buying American now seems like an act of treason here. Restaurants are scratching Caesar salads from their menus – they won’t buy American romaine lettuce – and alcohol from the US, no wines from California.

“Even in our store, we get asked all the time, you know, are these products local? Have they been made in Canada?” says Ines Kowas of family-owned and operated Uniqpol, a grocery, deli and food processer in Brantford.

Before learning of the tariff threat, Uniqpol invested in a significant expansion that is set to come online in a few months.

Kowas says they’re already seeing cautious consumers cut back even on staples like groceries, afraid of the impact tariffs will have on the family budget.

“Unfortunately, it’s very difficult to absorb all these kinds of costs, so that will have to eventually be reflected in some of our prices as well,” she says.

Back rinkside at Wayne Gretzky Sports Centre, Karen Robb is in her son’s game. She wishes Gretzky would say something to the president but acknowledges, like many here, how much he and his family have already done for the Brantford community.

“I think it’s just about, you know, we don’t want anybody to get hurt,” says Robb adding that some good has come of this. “The upside is we’re thinking more Canadian. We’re starting to think a little bit more about Canada, you know, supporting our businesses.”

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NATO member Finland plans to quit a global convention banning anti-personnel landmines and boost defense spending to at least 3% of GDP by 2029 in response to the evolving military threat from Russia, the government said on Tuesday.

Poland and the Baltic countries of Estonia, Latvia and Lithuania said last month they would withdraw from the 1997 Ottawa convention due to threats posed by neighboring Russia.

By leaving the treaty, Finland, which guards NATO’s longest border with Russia, could start stockpiling landmines again to have them at hand should a need arise.

Prime Minister Petteri Orpo told a press conference there was no immediate military threat to his Nordic nation, but that Russia poses a long-term danger to all of Europe.

“Withdrawing from the Ottawa Convention will give us the possibility to prepare for the changes in the security environment in a more versatile way,” he said.

He added that Finland would allocate an additional 3 billion euros ($3.24 billion) to defense, raising the level of military spending from 2.41% in 2024 to 3% of gross domestic product by 2029.

President Alexander Stubb said in a post on X: “This is a part of Finland’s contribution to Europe taking greater responsibility for our own defense.”

The announcements come with US President Donald Trump doubling down on ending the war in Ukraine, which has stirred growing Polish and Baltic concerns that Russia could re-arm and target them instead.

Finland joined the NATO military alliance in 2023 in a policy shift away from decades of nonalignment triggered by Russia’s invasion of Ukraine, drawing a Russian threat of “counter-measures.”

Finland began considering withdrawal from the Ottawa treaty last November when its military commander said the matter should be discussed due to Russia’s use of such weapons in Ukraine.

“Finland will use mines in a responsible way, but it’s a deterrent we need,” Agriculture and Forestry Minister Sari Essayah told reporters on Tuesday.

Anti-personnel landmines are designed to be hidden in the ground and detonate automatically when someone steps on them or passes by in their proximity.

Finland destroyed over 1 million landmines after 2012, becoming the last EU state to sign the Ottawa convention, which has been ratified or acceded to by more than 160 countries – but not by Russia.

The 1997 treaty was one of a series of international agreements concluded after the end of the Cold War to encourage global disarmament. Anti-landmine campaigners won the Nobel Peace Prize that same year.

Mines have killed or maimed tens of thousands of civilians around the world, many of them long after wars have ended.

Leaving the treaty will require approval by the Finnish parliament but is expected to pass given widespread support among government and opposition parties.

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Two close associates of Israeli Prime Minister Benjamin Netanyahu have been remanded in custody for three days, following their arrest on Monday by Israeli police in connection with an investigation into suspected unlawful ties between the senior aides and Qatar, a case that has become known as QatarGate.

An Israeli court on Tuesday extended the initial detention of Yonatan Urich, Netanyahu’s closest adviser, and former aide Eli Feldstein by three days, saying their release would disrupt an investigation into their suspected involvement in conducting public relations for Qatar. The judge denied the police’s original request for a nine-day detention to conduct their investigation.

In court, the judge stated that a review of the classified materials submitted indicated reasonable suspicion that an American company had contacted one of the suspects to spread negative messages about Egypt, and downplay its role in mediation efforts to release all the October 7 hostages and reach a permanent ceasefire.

Court documents show that Yonatan and Feldstein are suspected by prosecutors to have taken bribes and “worked to transfer messages to journalists in a manner that presented sympathetic articles about Qatar in the media, minimizing Egypt’s role as a fair mediator in the deal, while dictating the media agenda.”

The judge declared that a previous gag order on the proceedings had been rendered meaningless because it had been widely disregarded.

Netanyahu also gave testimony on the case to police on Monday, according to a video the prime minister released on his Telegram account. He has claimed the case is politically motivated.

“It’s a political investigation, a political hunt, that’s all this is, there’s nothing else,” Netanyahu said.

Netanyahu has also claimed the investigation is aimed at preventing him from dismissing Ronen Bar, head of the country’s internal security service Shin Bet.

The agency is reported to have recently opened an investigation into allegations that members of Netanyahu’s office inappropriately lobbied on behalf of Qatar – something his office denies.

Israeli media has recently cited Netanyahu’s attempt to disrupt an investigation into QatarGate as his reason for seeking the removal of both Bar and Attorney General Gali Baharav-Miara.

Despite naming on Monday former navy commander Vice Adm. Eli Sharvit as his pick for the next Shin Bet chief, Netanyahu’s move to dismiss the current head still faces a legal challenge.

The Shin Bet, which monitors domestic threats to Israel, conducted an internal investigation into the October 7, 2023 attacks that determined the agency had “failed in its mission” to prevent Hamas’ deadly assault and kidnapping spree. But it also blamed policies enacted by Netanyahu’s government as contributing factors.

Among them, the Shin Bet said, were Qatar’s years-long payments to Hamas. Those payments were blessed by Israel, whose government believed it was beneficial to drive a political wedge between Gaza and the West Bank.

Israeli opposition leader Yair Lapid said the arrest of two of Netanyahu’s aides “is a breach of trust, a threat to national security, and a severe harm to Israel’s credibility and standing in the world,” warning that “Netanyahu cannot absolve himself of responsibility.”

“If he knew – he is complicit in a terrible failure. If he didn’t know – he is unfit to continue serving as the Prime Minister of Israel,” Lapid said in a statement Tuesday.

Another opposition figure, Benny Gantz, also criticized Netanyahu, saying: “The more the ‘QatarGate’ investigation advances, the more determined Netanyahu becomes in his battle against the institutions responsible for the investigation. The deeper the investigation – the deeper the subversion.”

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A 22-year-old Palestinian man was tortured and killed by Hamas militants after he criticized the group publicly and participated in rare anti-Hamas protests in Gaza, his family said.

Hassan said his brother had altercations with members of the group around a month before his death and had expressed fears that militants would come for him.

Uday Rabie had also participated alongside thousands of others in anti-Hamas and anti-war protests that took place in the enclave earlier last week, his brother said. Rabie demonstrated in the al-Rimal neighborhood of Gaza City, Hassan said, chanting “No to Hamas” during the rally.

Last Friday, a group of armed men affiliated with the Al-Qassam Brigades kidnapped and then tortured Rabie, Hassan said. The Palestinian man was taken off the street, days after he protested.

“He was still alive” when the militants returned him, Hassan said. Rabie was only wearing underwear and the fighters had him “tied by the neck with a rope, and were dragging him, beating him,” Hassan added.

“They handed him over to me, and told me, in these words: This is the fate of everyone who disrespects Al-Qassam Brigades and speaks ill of them,” Hassan said.

Hassan said he collected his injured brother and took him to a nearby hospital. Footage shared on social media showed Rabie lying on a hospital bed, covered in large cuts and bruises that stretched along his arms, back and feet. Hassan confirmed the authenticity of the video, and said the man on the bed was indeed his brother.

Rabie died shortly after being taken to the hospital, he said.

Hassan, 32, said that the family is “sure” Rabie was killed by members of the Al-Qassam Brigades, and “we have half of their names.”

The Al-Qassam Brigades has not yet publicly commented on the accusations.

A written statement published by Rabie’s family on Facebook said that “a group claiming to be from Al-Qassam Brigades” kidnapped Rabie at 8:30 p.m. on Friday. After hours of searching for Rabie, the statement said, his family was told he was in the hands of the group, who said he needed to be “disciplined” for “cursing them.”

According to the statement, Rabie was “tortured in the most severe manner with all kinds of sharp and hard objects.” He suffered “internal bleeding,” as well as several injuries to the head, pelvis and back, his family said.

In the statement, Rabie’s family demanded retribution, and that Hamas bring those who killed him to justice.

In a video that his brother said was shot about a week before his death, Rabie is seen speaking into the camera: “They (Hamas) want to take me, they want to kill me … I don’t know what they want from me.”

Large demonstrations against Hamas have been held in northern Gaza in recent days as Palestinians call for end to a war in which more than 50,000 people have been killed during Israel’s military campaign following Hamas’ October 7, 2023, attack on Israel.

In a statement, the Independent Commission for Human Rights, a Palestinian rights organization established by former Palestine Liberation Organization (PLO) head Yasser Arafat, condemned Rabie’s killing, saying it views “this crime as part of the deteriorating security chaos, the proliferation of weapons, and the absence of the rule of law in Gaza, posing a serious threat to public rights and freedoms.”

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Israeli Defense Minister Israel Katz announced Wednesday a major expansion of the military’s operation in Gaza involving the seizure of large areas of land that would be “incorporated into Israel’s security zones.”

The operation would also involve a “large-scale evacuation of Gaza’s population from combat zones,” the statement said without specifying details.

Katz said the military operation would expand to “crush and clear the area of terrorists and terror infrastructure, while seizing large areas that will be incorporated into Israel’s security zone.”

The Israeli military’s spokesperson for Arabic media late on Tuesday ordered residents in Gaza’s southern Rafah area to leave their homes and move north.

Katz’s statement on Wednesday did not specify whether additional Israeli troops would be involved in the expanded operation.

This is a developing story and will be updated.

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All bakeries in Gaza have closed due to a severe lack of fuel and flour caused by Israel’s near month-long blockade of humanitarian aid, according to local authorities.

“The occupation has forced all bakeries to shut down entirely, exacerbating the famine crisis that threatens the lives of innocent civilians, particularly children, patients, and the elderly,” the Hamas-controlled Government Media Office in Gaza said Tuesday.

The closures are likely to accelerate the spread of famine in the strip, the head of the local Bakery Owners’ Association, Abdel Nasser Al-Ajrami told the Palestinian Press Agency Safa.

The United Nation’s World Food Programme (WFP) said all 25 of its bakeries in the enclave had shut, citing the lack of flour and fuel.

“Hot meals are continuing, but supplies will last two weeks. WFP will distribute its last food parcels in the next two days,” said Abeer Etefa, the WFP’s communications officer for Middle East, North Africa and Eastern Europe.

“I went to every bakery. Every time we ask, they say there’s no flour due to the closure of the crossings. The Israelis control the crossings. We don’t know where to go,” Abdul Rahman Fattayeh said.

“I have 40 family members, and I’ve been searching for bread for them since 8 a.m., going around all the bakeries in Deir al-Balah. None are operating,” al-Kurd said. “There’s no flour, no firewood, nothing. Not even water. It’s dire,” he added.

The Israeli government shut down the supply of food and other humanitarian aid into Gaza in early March, in a bid to pressure Hamas into releasing more hostages and impose new conditions on the extension of the ceasefire.

No aid has entered the enclave for more than three weeks, with the head of the UN’s agency for Palestinian refugees (UNRWA) saying that this is the longest Gaza has been without any supplies since the war began.

“During the ceasefire, 500–600 trucks arrived daily. Now, nothing,” Philippe Lazzarini, UNRWA Commissioner-General, said last week.

Describing the latest blockade as the worst humanitarian crisis since the war began, Amjad Al-Shawa, director of the Palestinian Non-Governmental Organizations Network, warned the closure of bakeries would impact “hundreds of thousands of people” who rely on them for food.

“The coming days will be very critical on the lives and the health of the Palestinians in Gaza, mainly children, women, and elders,” Al-Shawa said Tuesday, urging the international community to pressure Israel into reopening the crossings.

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The Chinese military practiced live-fire strikes in the East China Sea in an escalation of ongoing surprise drills near Taiwan, the People’s Liberation Army’s Eastern Theater Command said in a statement Wednesday.

China’s armed forces launched exercises, dubbed “Strait Thunder-2025A,” in the middle and southern areas of the Taiwan Strait on Wednesday, focusing on testing the troops’ capabilities of “joint blockade and control” and “precision strikes on key targets,” the Eastern Theater Command’s spokesperson Senior Colonel Shi Yi said.

As part of the drills, which were not announced ahead of time, the ground army of the Eastern Theater Command conducted “live-fire long-range strike drills in designated areas of the East China Sea,” according to the statement.

“The drills involved precision strikes on simulated targets such as key ports and energy facilities and achieved the intended results,” Shi added.

Wednesday’s drills came after the PLA conducted joint exercises involving its army, navy, air force and rocket force around Taiwan “from multiple directions” on Tuesday, days after US defense chief Pete Hegseth vowed to counter “China’s aggression” on his first visit to Asia.

Eastern Theater Command said the drills were a “stern warning and forceful deterrence against ‘Taiwan Independence’ separatist forces,” calling them “legitimate and necessary action to safeguard China’s sovereignty and national unity.”

For Taiwan, a democracy of some 23 million people that sits just 80 miles from China at its nearest point, the drills are the latest reminder of the threat that comes from its giant Communist Party-run neighbor, which claims the island as its own and has vowed to seize it by force if necessary.

Taiwan has denounced the drills as an “irrational provocation” and accused China of being a “troublemaker.”

The United States, Taiwan’s biggest international backer, condemned what it called “China’s irresponsible threats and military pressure operations near Taiwan.”

“China’s escalating military intimidation tactics only serve to exacerbate tensions and undermine cross-Strait peace and stability,” the State Department said in a statement.

This is a developing story and will be updated.

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The United States has approved the potential sale of 20 F-16 fighter jets to Manila, giving the key US ally in the Indo-Pacific a major upgrade to its air force just days after US Defense Secretary Pete Hegseth vowed to counter “China’s aggression.”

The US Defense Security Cooperation Agency (DSCA) announced the proposed sale of the F-16s and related equipment, worth an estimated $5.58 billion, in a statement on Tuesday.

“This proposed sale will support the foreign policy and national security of the United States by helping to improve the security of a strategic partner that continues to be an important force for political stability, peace, and economic progress in Southeast Asia,” DSCA said.

The announcement comes less than a week after Hegseth visited the Philippines, his first trip to Asia as defense chief, and said Washington will enhance its military alliance with Manila as it aims to “reestablish deterrence” to counter “China’s aggression” in the Indo-Pacific region.

On Wednesday, China cautioned Manila on the deal.

“Any defense and security cooperation that the Philippines engages in with other countries should not target or harm the interests of any third party, nor should it threaten regional peace and security or escalate tensions in the region,” Chinese Foreign Ministry spokesperson Guo Jiakun said.

“As for who is fueling the flames, who is provoking military confrontation, and who is turning Asia into a powder keg, we believe that regional countries can see the situation clearly.”

The Philippines has been on the front lines of China’s increasingly aggressive posture in Asia. Beijing seeks to assert its claim over the bulk of the South China Sea, despite an international ruling denying its sovereignty over the waterway.

Hegseth said Friday the US would deploy additional advanced military capabilities to the US ally for joint training, enhance interoperability for “high end operations” and prioritize defense industrial cooperation.

In its statement, DSCA said Manila had requested to buy 16 F-16Cs – single-seat, single-engine fighter jets – and four F-16Ds, dual-seat jets that are usually used for training purposes.

The F-16s are the block 70/72 newest variant of the workhorse military warplane, which entered service with the US Air Force in the late 1970s.

Manufacturer Lockheed Martin says the new F-16s are the world’s most advanced fourth-generation fighter, touting a “structural service life” of more than 12,000 hours.

The F-16s, along with advanced avionics, radar and weaponry included in the deal, are a significant upgrade to the Philippine Air Force’s fighter fleet. Currently, it has only 12 South Korean-made FA-50 jets, a lighter ground attack and fighter jet.

The F-16s have a top speed of more than 1,500 miles per hour, Lockheed Martin says, about 350 mph faster than the FA-50.

Speaking alongside Philippine Defense Secretary Gilbert Teodoro on Friday, Hegseth called the US-Philippine relationship an “ironclad alliance, particularly in the face of Communist China’s aggression in the region.”

The Trump administration has vowed to “truly prioritize a shift” to the Indo-Pacific, Hegseth said, with the “recognition that for the 21st century to be a free century, America needs to stand alongside our allies and partners shoulder to shoulder.”

The American military presence in Asia is seen by allies as a critical counterbalance in a fractious region where China has been rapidly expanding its military might and a belligerent North Korea has been empowered by closer ties with Russia.

Trump has repeatedly questioned the structure of US military alliances and whether the US was getting enough out of such partnerships and basing arrangements, including those in Asia where tens of thousands of troops are stationed in sprawling bases in Japan and South Korea.

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