Just days after the assault by Hamas ignited a new war in the Middle East, shipments of American weapons began arriving in Israel: smart bombs, ammunition and interceptors for the Iron Dome missile-defense system. When President Biden meets in Israel on Wednesday with Prime Minister Benjamin Netanyahu, more military aid is a likely topic. The conflict between Israel and Hamas is just the latest impetus behind a boom in international arms sales that is bolstering profits and weapons-making capacity among American suppliers. The surge in sales is providing the Biden…
Tag: Gaza Strip
Biden to Visit Israel, and More
The New York Times Audio app is home to journalism and storytelling, and provides news, depth and serendipity. If you haven’t already, download it here — it’s available to Times news subscribers on iOS — and sign up for our weekly newsletter. The Headlines brings you the biggest stories of the day from the Times journalists who are covering them, all in about 10 minutes. Hosted by Annie Correal, the new morning show features three top stories from reporters across the newsroom and around the world, so you always have…
China’s Economic Stake in the Middle East: Its Thirst for Oil
China has cast itself as a neutral geopolitical player in the Middle East. It brokered a deal in March to help Iran and Saudi Arabia restore relations. And in the days since Hamas attacked Israel from Gaza, China has tried to keep its distance, with a government spokesman calling the country “a common friend of both Israel and Palestine.” Yet China’s stakes in the Middle East are high, particularly if the war now being fought in Israel and Gaza were to broaden through the region. One big reason: Oil. No…
Fragile Global Economy Faces New Crisis in Israel-Gaza War
The International Monetary Fund said on Tuesday that the pace of the global economic recovery is slowing, a warning that came as a new war in the Middle East threatened to upend a world economy already reeling from several years of overlapping crises. The eruption of fighting between Israel and Hamas over the weekend, which could sow disruption across the region, reflects how challenging it has become to shield economies from increasingly frequent and unpredictable global shocks. The conflict has cast a cloud over a gathering of top economic policymakers…
Xi-Schumer Meeting Raises Hopes of Smoother U.S.-China Relations
China’s top leader, Xi Jinping, met with Senator Chuck Schumer, the majority leader, in Beijing on Monday and expressed hopes of “peaceful coexistence” between China and the United States, even as escalating violence in the Middle East threatens to deepen a wedge between the two powers. “We have 1,000 reasons to make China-U.S. relations work well and not a single reason to make China-U.S. relations bad,” Mr. Xi said while meeting with the Democratic senator from New York. Mr. Xi’s amicable tone is likely to increase expectations that he will…