Search Site

Trends banner

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.

Nestle to cut 16,000 jobs

The company's shares shoot up 8%.

Multiply Group buys stake in ISEM

Multiply Group will hold 60.8% of ISEM.

Israel will not allow ‘winds of defeatism’ in Hamas war: Netanyahu

Displaced Palestinians from areas in east Khan Yunis arrive to the city as they flee after the Israeli army issued a new evacuation order for parts of the city and Rafah, in the southern Gaza Strip on July 2, 2024. AFP
  • After the October 7 attacks by Hamas, Netanyahu's right-wing government vowed to destroy Hamas and return all hostages seized during the deadly incursion by the Palestinian group
  • Netanyahu made his new vow of victory after the New York Times quoted sources as saying Israel was ready to make a deal without reaching all its goals

Jerusalem, Undefined – Israel’s Prime Minister Benjamin Netanyahu insisted Tuesday that his country would not give in to the “winds of defeatism” as he reaffirmed his war aim of defeating Hamas.

After the October 7 attacks by Hamas, Netanyahu’s right-wing government vowed to destroy Hamas and return all hostages seized during the deadly incursion by the Palestinian group.

Israel has faced international pressure to ease its military onslaught on Gaza.

Netanyahu made his new vow of victory after the New York Times quoted sources as saying Israel was ready to make a deal without reaching all its goals.

“I am here to make it unequivocally clear: This will not happen,” he said.

“The war will end once Israel achieves all of its objectives, including the destruction of Hamas and the release of all of our hostages.”

The prime minister said the Israeli army had “all the means to achieve” the targets in Gaza.

“We will not capitulate to the winds of defeatism, neither in The New York Times nor anywhere else. We are inspired by the spirit of victory,” he said.

The conduct of the war has led to tensions between Israel and allies such as the United States.

Netanyahu’s comment on June 24 that “the war in its intense phase is about to end in Rafah” heightened speculation about a change in tactics.

But the Israeli leader has sought to reaffirm his government’s determination.

After a visit to troops on Monday, he said: “I saw very considerable achievements in the fighting being carried in Rafah. We are advancing to the end of the stage of eliminating the Hamas terrorist army.”

The Israeli army has resumed some operations in northern Gaza and other zones where it previously said fighters had been controlled.

The military has also issued a new evacuation order to civilians for areas around Khan Yunis and Rafah in the south.

Israel’s offensive in Gaza has killed at least 37,925 people, also mostly civilians, according to data from the health ministry in the Hamas-run territory.