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Israel to Seize Gaza City, Stopping Short of Full Takeover | The Pulse 8/08/2025
Israeli Prime Minister Benjamin Netanyahu secured cabinet approval on Friday for a military takeover of Gaza City, which he described as part of a final push to topple Hamas after 22 months of fighting and recover its last 50 hostages, dead or alive. The decision to step up operations in the Gaza Strip’s biggest city marks an escalation in a conflict that’s already devastated the Palestinian territory, where the United Nations World Food Programme has warned half a million people are starving. “The Israel Defense Forces will prepare to seize Gaza City while providing humanitarian aid to the civilian population outside combat zones,” a statement from Netanyahu’s office said upon the conclusion of the 10-hour Security Cabinet session. It said the plan’s objective was “defeat of Hamas.”
In trade news, a US move to put tariffs on imports of one-kilogram and 100-ounce gold bars is unleashing fresh turmoil in the global bullion market and threatening to upend trade flows from Switzerland and other key refining hubs. The US Customs and Border Protection agency has clarified that the gold bars face tariffs and are not exempted as the industry had initially understood, according to people familiar with the matter, who asked not to be identified. The decision was first reported by the Financial Times.
Today's guests: Charlotte Ryland, CCLA Investment Management Head of Investments, Richard Portes, London Business School Professor of Economics, Jaroslava Barbieri, Chatham House Research Fellow
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 - The Pulse With Francine Lacqua
00:01:22 - Traders Assess Tariffs, Fed Shock
00:03:01 - US Gold Bar Tariff Blow to Switzerland: FT
00:04:44 - Japan Says US Confirmed Car Levy Cuts
00:08:33 - US Dollar Continues Losing Streak
00:13:45 - Charlotte Ryland, CCLA Investment Management Head of Investments
00:18:34 - Richard Portes, London Business School Professor of Economics
00:21:31 - Potential Fed Chair Contenders
00:23:38 - Israel Plans Full Gaza Takeover
00:26:12 - US Warns Gaza is on the Brink of Famine
00:29:29 - Trump: Very Disappointed With Putin's Behaviour
00:34:30 - Jaroslava Barbieri, Chatham House Research Fellow
00:37:35 - Tesla Disbands Dojo Supercomputer Team
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Published Aug 8, 2025