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The Pour Over Today
Israeli Weapons Shipment Paused, FTX to Repay Customers, & More | 05.10.24
May 10, 2024
US pausing weapons shipments to Israel, FTX's successful repayment, blocked motion in politics, legal trials involving Trump, NBA MVP news, rebranding of Scouts of America, lawsuit against Panera Bread, Disney-Warner Bros merger, child sponsorship program highlighted
09:48
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Quick takeaways
- US paused weapons shipment to Israel amid concerns over use in Gaza attacks, continuing support for defense.
- FTX successfully repaid customers and creditors after asset recovery, offering settlement at 118% of owed amount.
Deep dives
US Pauses Weapons Shipments to Israel
President Biden announced that the US will not supply offensive weapons to Israel for use in attacks on Gaza, pausing a shipment of 4,500 bombs due to concerns about their use in densely populated areas. Despite this, the US will continue to provide Israel with rocket interceptors for defense, emphasizing support for Israel's security without enabling aggressive military actions. Critics, including former President Trump, criticized the decision, accusing Biden of supporting Hamas.
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