President Trump said Friday that Israel should stop bombing Gaza and prepare for the release of its hostages because he now believes Hamas is "ready for a lasting PEACE."
Why it matters: This is the first time since returning to office that Trump has tried to force Prime Minister Benjamin Netanyahu to halt the fighting.
President Trump warned Hamas that it has until 6pm ET on Sunday to agree to his terms to end the war in Gaza or "all HELL, like no one has ever seen before, will break out against Hamas."
Why it matters: Trump's new ultimatum, posted on Truth Social, is an extension of his original deadline, which was expected to expire on Friday. Trump warned that there would be "potentially great future death" if the deadline was missed, and he urged Palestinians to flee to "safer parts of Gaza."
After years of behind-the-scenes work, a pollution-trading initiative is publicly launching on Friday that works in India and plans expansion to other developing nations, the group tells Axios exclusively.
Why it matters: TheEmissions Market Accelerator sees openings, based on its on-the-ground work to date, to cost-effectively cut pollution and CO2 using emissions trading on a very large scale.
Six months ago, President Trump announced "Liberation Day," a sweeping regime of historic global tariffs that panicked financial markets and led to doom-filled predictions of imminent recession.
The big picture: Now the economy is growing at nearly a 4% rate, unemployment remains historically low, inflation's still under 3% and tariffs are projected to generate more than $400 billion a year in revenue.
