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Hamas insists that Witkoff’s Gaza ceasefire plan must lead to an end to the war
Hamas announced on Saturday that it had responded in kind to a ceasefire offer made by Steve Witkoff, the Middle East envoy for U.S. president Donald Trump. The proposal included a call for an end to war which was previously a redline for Israel. In a press release, the Palestinian group stated that it would release 10 living hostages in exchange for Israel releasing a number Palestinian prisoners. This is in line with Witkoff’s proposal. Hamas' statement continued: "This proposal is aimed at achieving a permanent ceasefire and a complete withdrawal from Gaza Strip. It also aims to ensure that aid reaches our people and families in Gaza Strip." The response was given "after a series of national consultations". Hamas did not make any mention of its desire to amend the proposal in the statement, but an official Palestinian familiar with the discussions said that Hamas requested some changes while responding positively. The office of the Israeli Prime Minister did not respond immediately to a comment request. Israeli media reported that Benjamin Netanyahu had told the families held hostage in Gaza by Israel that Israel accepted the Witkoff deal. The office of the prime minister declined to comment. Previous attempts to restore the ceasefire, which broke down in March, have been stymied by Hamas's deep differences with Israel. Israel demanded that Hamas completely disarm, dismantle itself as a military force and governement and release all 58 of the hostages who are still in Gaza. Hamas rejects the demand that Israel give up its arms and insists on pulling its troops out from Gaza to end the war. Israel's campaign in Gaza was launched in response to Hamas' attack on its southern border in October 2023 that resulted in the death of 1,200 people, and 251 Israelis being taken as hostages in Gaza. Gaza's health officials claim that the subsequent Israeli military operation has resulted in more than 54,000 Palestinian deaths and left Gaza in ruin. (Reporting and editing by Nidal al-Mughrabi, Menna Alaa el-Din)
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Harvard's US funded defense projects have totaled $180 Million in recent years.
According to an analysis by a defense software firm, when the Trump administration cut federal funds to Harvard University it ended abruptly an estimated $180 millions that the federal government poured into U.S. Military projects at Harvard over the past few years. In April, the Trump administration announced that it would freeze $2.2 billion worth of grants and $60 millions in contracts for Harvard University. Donald Trump stated that he wanted to make changes at Harvard and other universities in the U.S. because, according to him, they had been taken over by "woke" leftist thinking and have become bastions for antisemitism. Among many other topics, the study found that some of the grants were paid to research into lasers and counter-weapons of mass destruction, as well as medical research. This abrupt stop ended projects that had been running for years and halted programs at several universities. Not just Harvard. According to an analysis done by Govini defense software, in 2025, approximately 103 grants worth $14 million will come to a grinding halt. U.S. officials, for example, ended a $6 million Pentagon-funded research project by Professor Katia Bertoldi at the Harvard School of Engineering and Applied Sciences, which developed shape-changing structures that could be used in military applications, two weeks ago. This was despite it being a critical point in its research cycle. Bertoldi explained, "We are now in the third year, we have all our tools set up, we're gaining momentum and it has stopped." She was funded through the Multidisciplinary University Research Initiative of the Department of Defense to develop technology based on origami, which would eventually lead to reconfigurable radio antennas and deployable shelters similar in function to field hospitals. According to an analysis by Govini, since 2020, the Pentagon, Defense Advanced Research Projects Agency, and all branches of the U.S. Military have awarded Harvard 418 grants worth $180 million. A Pentagon spokesperson said that Secretary of Defense Pete Hegseth had "directed the termination" of a number of programs, contracts, and grants which were not in line with the Department priorities. This was to reduce wasteful spending, to implement President Obama's orders, to reallocate the savings to mission critical priorities. Govini's findings revealed that the Army provided the majority of funding for military medical research as well as basic and applied scientific research. Trump complained on Truth Social about the federal grant freeze. He said that Harvard had hired "Democrats" and "radical left idiots". Trump announced on Monday that he was considering redirecting billions in grants for scientific and engineering research from Harvard to trade school. Harvard sued for the restoration of funding. It called the cuts unconstitutional attacks on its right to free speech. Research cancellations have a negative impact on extensive networks of collaboration. Bertoldi's research project involved researchers from Georgia Tech and the University of Pennsylvania. Scientists warn that these cuts could have strategic implications, as China has invested heavily in research. Bertoldi stated, "In China as far as I'm aware, this type of research is supported by colleagues who moved back to China." (Reporting from Mike Stone in Washington, Editing by Matthew Lewis.)
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Harvard's US funded defense projects have totaled $180 Million in recent years.
According to an analysis by a defense software firm, when the Trump administration cut federal funds to Harvard University it ended abruptly an estimated $180 millions that the federal government poured into U.S. Military projects at Harvard over the past few years. In April, the Trump administration announced that it would freeze $2.2 billion worth of grants and $60 millions in contracts for Harvard University. Donald Trump stated that he wanted to make changes at Harvard and other universities in the U.S. because, according to him, they had been taken over by "woke" leftist thinking and have become bastions for antisemitism. Among many other topics, the study found that some of the grants were paid to research into lasers and counter-weapons of mass destruction, as well as medical research. This abrupt stop ended projects that had been running for years and halted programs at several universities. Not just Harvard. According to an analysis done by Govini defense software, in 2025, approximately 103 grants worth $14 million will come to a grinding halt. U.S. officials, for example, ended a $6 million Pentagon-funded research project by Professor Katia Bertoldi at the Harvard School of Engineering and Applied Sciences, which developed shape-changing structures that could be used in military applications, two weeks ago, despite it being at a critical point in its cycle of research. Bertoldi explained, "We are now in the third year, we have all our tools set up, we're gaining real momentum and it has stopped." She was funded through the Multidisciplinary University Research Initiative of the Department of Defense to develop technology based on origami, which would eventually lead to reconfigurable radio antennas and deployable shelters similar in function to field hospitals. According to an analysis by Govini, since 2020, the Pentagon, Defense Advanced Research Projects Agency, and all branches of the U.S. Military have awarded Harvard 418 grants worth $180 million. A Pentagon spokesperson said that Secretary of Defense Pete Hegseth had "directed the termination" of a number of programs, contracts, and grants which were not in line with the Department priorities. This was to reduce wasteful spending, to implement President Obama's orders, to reallocate the savings to mission critical priorities. Govini's findings revealed that the Army provided the majority of funding for military medical research as well as basic and applied scientific research. Trump complained on Truth Social about the federal grant freeze. He said that Harvard had hired "Democrats" and "radical left idiots". Trump announced on Monday that he was considering redirecting billions in grants for scientific and engineering research from Harvard to trade school. Harvard sued for the restoration of funding. It called the cuts unconstitutional attacks on its right to free speech. Research cancellations have a negative impact on extensive networks of collaboration. Bertoldi's research project involved researchers from Georgia Tech and the University of Pennsylvania. Scientists warn that these cuts could have strategic implications, as China has invested heavily in research. Bertoldi stated, "As far as I'm aware, Chinese colleagues who moved back to China have a lot of interest in this type of research." (Reporting from Mike Stone in Washington, Editing by Matthew Lewis.)
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Newark Airport runway to reopen after construction on Monday
The runway at Newark Liberty International Airport is scheduled to reopen Monday, nearly two weeks before schedule, following several weeks of chaos caused by equipment failures, runway construction, and a shortage of air traffic control personnel that led to flight cancellations, delays, and diversions, U.S. Transport Secretary Sean Duffy announced. Manhattan is located about 14.5 km (9 miles) away from Newark Liberty Airport, which is one of New York City's main airports. Duffy announced Friday that the runway would reopen two weeks earlier than the original June 15 deadline. The Federal Aviation Administration reduced flights last week to 28 arrivals and 28 departures an hour maximum until runway construction was completed. The maximum rate of arrivals and departures will then increase to 34 per minute until October 25, after which it will be increased again. Duffy, who spoke this week, said that operations at Newark had improved after the federal government implemented flight cuts in response to a series major disruptions. Newark can handle up to 77 passengers in normal circumstances Flights per hour Duffy stated, "If you book I think you will fly to Newark -- You won't see what you saw two weeks ago." Newark Airport is the hub of United Airlines. The airline operates almost 70% of all flights at this airport. United Airlines has dramatically increased its flights. Cut flights at the airport Last year, the FAA relocated Newark's control airspace. Philadelphia addresses staffing issues and congestion in New York City-area traffic. Newark's airspace is monitored by a facility in Philadelphia. The facility has had numerous technological issues. Newark has often experienced delays of 5 or more minutes in the last few weeks. More hours and daily dozens of canceled or delayed flight. The FAA employs approximately 3,500 air traffic control officers nationwide Below target staffing levels Duffy explained that the area in charge of Newark had a target staffing level for certified controllers of 38, but only 22 are currently on duty, with six of them on medical or stress leave. David Shepardson, Chizu Nomiyama, and David Gregorio edited the report.
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Cheniere Energy announces maintenance work has begun at Sabine Pass LNG Plant
Cheniere Energy announced on Friday that it had begun the annual maintenance on its largest U.S. LNG facility, Sabine Pass in Texas. Sabine Pass's annual capacity is 30 million metric tons per annum. It has been a key factor in the United States becoming the largest LNG exporter in the world. A Cheniere spokesperson informed by email that "planned maintenance activities are underway at Sabine Pass." Prices tend to rise when U.S. LNG production declines. It is anticipated that the annual maintenance work will reduce U.S. LNG output for a few weeks. Cheniere's Sabine Pass plant, which produces 4.5 bcfd of gas per day, is on course to fall from 3.9 bcfd last Thursday to a 11-month-low of 3.7 bcfd this Friday. Meanwhile, feedgas for the 3.9 bcfd Corpus Christi plant in Texas will drop from 2 bcfd Thursday to a 2-week-low of 1.6bcfd Friday. Energy traders expect the total LNG feedgas in June to be below April's record-high, with Cheniere planning maintenance for about three weeks on Sabine's liquefaction train around June 223rd. Reporting by Curtis Williams, Scott DiSavino and David Gregorio from Houston; editing by Chris Reese & David Gregorio).
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Brazil wind energy company receives approval for data center with TikTok's interest
Casa dos Ventos, a wind farm developer in Brazil's northeast, has received regulatory approval for a 300 megawatt project. The company had been in discussions with TikTok owner about a large data center investment. Casa dos Ventos reported on Friday that Brazil's national grid operator has given the green light for the project to be connected at the Pecem Port complex in Ceara. The company said that the total investment for infrastructure and equipment in the data centers will be 50 billion reais (8.7 billion dollars). A person with knowledge of the negotiations said that the regulatory approval would speed up the talks with major technology firms, including ByteDance the Chinese parent company for TikTok. First reported last month, the Chinese company is eyeing a major Brazilian investment in data centers with Casa dos Ventos. Casa dos Ventos has partnered with TotalEnergies for its wind energy portfolio by 2022. After an initial rejection, a technical reassessment was conducted by the Brazilian Ministry of Mines and Energy and the national grid operator. This cleared the way for the project to be approved. Casa dos Ventos has announced that it will now start construction during the second half of the year, and begin operation in the second semester 2027. The company stated that its project would use closed-loop cooling systems to reduce water consumption, addressing concerns raised by some data center projects. Casa dos Ventos estimated that the water consumption for the first phase will be about 0.045% the demand of residential housing in the nearby city of Caucaia.
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Brazilian airline Azul plans to exit Chapter 11 by early 2026
Fabio Campos said in a Friday press conference that the Brazilian airline Azul hopes to end Chapter 11 proceedings by early next year. Campos responded that Azul would now concentrate on its financial restructuring. Azul filed for Chapter 11 in the United States this week. Abra, Gol's majority shareholder, and Colombian Avianca announced to Azul in January that they had signed an non-binding Memorandum of Understanding with the intention of merging their businesses in Brazil. Campos noted also that the MoU between Azul and Gol remains valid, even though it is not Azul's priority at this time. Azul finished this week its first Chapter 11 hearing. The court approved the carrier's access to $250 million from its $1.6 billion in debtor-in possession financing. The company stated that the amount combined with other judicial approbations and revenue generated by ongoing operations will provide sufficient liquidity to sustain uninterrupted operations. Campos said that Azul does not plan to lay off massive numbers of employees in light of its financial restructuring. Sales and operations will remain unaffected. Before filing for Chapter 11 protection Azul had agreements with key stakeholders including existing bondholders and aircraft lessor AerCap. It also entered into agreements United Airlines and American Airlines. The executive also noted that other lessors are in talks, besides AerCap. Azul is the latest Latin American airline to declare bankruptcy. It joins a long list of airlines that have been affected by the COVID-19 epidemic.
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Brazil Power Co gets approval for data center with TikTok interested
Casa dos Ventos, a wind farm developer in Brazil's northeast, has received regulatory approval for a 300 megawatt project. The company had been discussing an investment of a large data center with TikTok owner. Casa dos Ventos reported on Friday that the Brazilian national grid operator (ONS), has given the green light for the project to be connected at the Pecem Port Complex in Ceara. Casa dos Ventos said that the total investment for infrastructure and equipment in the data centers will be 50 billion reais (8.7 billion dollars). A person with knowledge of the negotiations stated that the ONS approval would speed up the talks with major tech companies, including ByteDance - the Chinese parent company for TikTok. First reported last month, the Chinese company is eyeing a major Brazilian investment with Casa dos Ventos. Casa dos Ventos has partnered with TotalEnergies in 2022 on its wind energy portfolio.
Maguire: The clever US state that thrives under Trump
Louisiana has been overshadowed for years by its showier neighbour Texas. Texas boasts a bigger economy and a greater population, and has dominated Washington DC policy makers and the international stage.
The Bayou State, however, is undergoing a revival which could lead to it becoming the most dynamic and influential Gulf Coast hub in the coming decades. This could be attributed to its development blueprint.
Louisiana, as the primary exit point for U.S. gas exports, is a major cheerleader of President Donald Trump's "drill, baby, drill" mantra. It is also the home of some of the most important natural-gas basins in the United States.
A new steel plant worth billions of dollars is being planned by the state. This was announced at a White House event earlier this year, which marked a return to traditional manufacturing in the United States.
Louisiana's smokestack industry, which includes century-old refineries and chemicals sectors, is also at the forefront of a ongoing carbon capture campaign that has made it a major player on the clean energy front.
Louisiana has a growing battery sector, a hydrogen-producing industry and an emerging data center. It can offer industries that are fit for America in the 21st century, regardless of which party is in Washington.
DEFT MESSAGING AND A CAPTIVE Audience
Louisiana's progress has been driven by its willingness to reuse the old and add the new.
This philosophy is not limited to brick and mortar industries, but also includes marketing pitches and mission statements.
Projects that were marketed under the Biden Administration as driving the energy transition are now marketed to boost energy security and create jobs, which is more appealing to the Trump Administration.
Businesses that reduce emissions from chemical plants and those that are positioned to be leaders in the carbon capture and storage (CCUS) sector, which is expected to grow rapidly over the next few decades, are among these businesses.
Louisiana is a leader in CCUS, but it's not just on paper. The state has more than 60 carbon-capture projects. These include 13 CO2 pipelines as well as several ammonia plants and hydrogen plants which intend to use CO2 for a feedstock.
Air Products, a producer of industrial gas, is building a complex dedicated to expanding hydrogen applications in the state. This could include the fertilizer and the steel producers who are heavy users of natural gas.
AMERICAN MADE
According to Kpler, trade intelligence firm, the liquefied gas industry has already established Louisiana, as its primary hub. Approximately two-thirds (or $30 billion) of U.S. exports of LNG will depart via state terminals.
Louisiana's share in LNG trade is expected to increase further when the Plaquemines LNG Export Facility reaches full capacity at the end of the year.
Gas developers also boost extraction from Louisiana fields. This is especially true of the Haynesville Basin, which has less impurities in its gas than other large deposits. It's therefore ideal for converting it to LNG and exporting it.
The flurry in extraction activity has also sparked growth in ancillary service sectors in the state. This includes the production and maintenance of pipeline equipment.
Louisiana is also home to other businesses and industries.
In the last year, manufacturers such as Hyundai Steel, Ice Industries (a manufacturer of steel rails for solar panels) and PSS (an industrial equipment maker) have announced plans to open new plants in the State.
Social media giant Meta will spend $10 billion on a data center of 4 million square feet in the state. Meanwhile, Procter and Gamble announced recent expansions to its Rapides Parish production facility.
Chemical and plastic manufacturers are expanding in the state in hopes that the current push for factory production to be reshored to the U.S. will spark a higher demand for industrial components.
COST PRESSURE
The state's growing natural gas supply - which will be delivered via a new pipeline from the Permian basin to Louisiana's industrial hub in 2026 – is also attracting industries that need abundant power sources.
Louisiana is currently enjoying a competitive advantage due to its lower than average electricity prices for industries.
According to the data portal Electricchoice.com, Louisiana's cost of commercial electricity is 16% lower than the national average at 10.7 cents per Kilowatt Hour.
This rate is lower than that of Florida, Georgia and Mississippi, as well as Michigan and Pennsylvania, states which also compete with Louisiana for the business of manufacturing and technology companies.
Any significant increase in industrial gas usage - whether for LNG exports, or local businesses that use gas to power or process - will likely put upward pressure on energy prices going forward.
Meta's massive data center, as well as the other businesses moving or expanding to the state will likely increase the overall energy demand.
Local power providers are better equipped to meet demand for energy than others, thanks to the growing supply of natural gas in the state and plans to expand nuclear generation.
This could help Louisiana to emerge from Texas' shadow - where stretched grids and volatile prices are commonplace - and become a critical hub for America’s future industrial and energy needs.
These are the opinions of a market analyst at.
(source: Reuters)