Summary of random news
Israel’s Military Inflicted a Heavy Toll. But Did It Achieve Its Aim?
Israel’s Military has been fighting Hamas for the past 10 days launching different types of attacks to defang some of Hamas’ arsenal s and also killed over 30 Hama’s commanders. Sadly, most of the Hamas commenders and the weaponry storage reside in common residential areas. That resulted in killing innocent Palestinians civilians as well about 14 children and adults in total. During a phone call between the Hama’s leader and Israel’s prime minister Netanyahu, Mr Netanyahu told the Hama’s leader to evacuate the children and other civilians but he replied saying if the children have to die, they have to die. Overall with increased Israel intelligence on Hamas, it shortened the time to cripple Hamas effectively in only 50 hours much shorter than it was in 2014. There is a 300 miles long tunnels under the Lydda and it allows Hamas to transfer military supplies and to transfer forces from underground. What Israel is looking for is a new political reality said by Israel echelon to shock Hamas enough so that they will think twice for any future offenses. Otherwise, it will only enmesh in such as drudgery of bombing each other on and off also further the degradation of Israel’s diplomatic image in the world.
India ramps up testing in an effort to try to contain the virus surge.
Indian has ramped up a lot on Covid-19 testing as infection rate continues to surge fiercely recently. Antigen is widely used in rural areas because most are underfunded for health-care infrastructures. A self-help kit is developed by an Indian company which has greatly speeded up the testing process. Given the rate of around 1.4 – 1.8 vaccines administered everyday it will take India three year to fully vaccinate its 1.4 billion population. Although it is still under expectation, it is surely a big leap to fight the pandemic more effectively.
Readers Respond to Australia’s Never-Ending Travel Ban
Many readers express frustration to New York times for Australia’s policy locking down the country until sometimes in 2022. Many have thought that it has taken it too far without effort to understand different aspects to mitigates different citizens’ concerns and simply want to cut off itself from the rest of the world for “zero infections”. Currently only directly relatives are allowed to enter or exit Australia. There is an Australian visiting India ending up dying in India due to Australia’s ban on returning. Many have imagine how they can continue to dwell in Australia without feeling being left rotten everyday.
Existing-home sales declined in April, with a tight supply and record prices.
A lot of houses on markets last on average a month since the pandemic due to lots of interest spike in purchasing houses due to lower interest rates on mortgage. However, the supply is twenty percent lower compared to last year meaning the competition is intense. Millennials now are at the age where historically when the last generations tend to buy houses to settle for a family. Even with increased interest since earlier this year, it didn’t seem to put a crimp on the hype. Young people also tend to move further away from the city given remote works a lot more common now. Moving further away also help young people who can’t compete with cash buyers.
U.S. Backs 15% Global Minimum Tax to Curb Profit Shifting Overseas
In G20 the biggest topic will be to discuss global minimal taxation for foreign corporation revenues. The Biden administration has proposed a increase in corporate tax from 21 to 28 percentage. In order to keep US companies moving aboard and ensuring US market remaining competitive, raising global tax will discourage companies from setting their HQ aboard. However, this curb will need to be approved by partner countries and the progress has been going on for eight years. We don’t want to enmesh where congress considers the rate being too low while countries consider the suggested rate being too high ending up going nowhere.
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