Hamas is threatening the collapse the US-backed ceasefire after a series of Israeli airstrikes and a rising death toll in Gaza over much of the past week. However, Israel’s military in fresh Sunday statements has said it is Hamas terrorists repeatedly violating the truce.

“The agreement is over and [Hamas] is ready to fight,” Hamas sources have been cited in regional outlets as saying. Hamas has reportedly communicated its stance to US Middle East envoy Steve Witkoff, that it is ready to end the ceasefire.

Via Reuters

But Israeli media in follow-up stated, “Hamas later that evening stated that Israeli reports that it had told Witkoff that the ceasefire was over were not true. Senior Hamas official Mousa Abu Marzook also confirmed to the Qatari outlet Al Jazeera Mubasher that the terror group had not ended the ceasefire.”

The ceasefire is clearly as fragile as it has ever been since taking effect on October 10:

An American source told Walla that “Hamas has not given up yet, but has made it clear that it will not be able to accept any more Israeli attacks. Gaza will not be Lebanon for them, and I hope we can contain the situation.” —Jerusalem Post

Israel’s military has accused terrorists of breaching the so-called Yellow Line which demarcates a truce ‘do not cross’ zone; but meanwhile Hamas has asserted Israeli occupation is committing a flagrant breach by steadily moving the ‘Yellow Line’ westward.

Gaza officials have said that the significant and rising death toll since the ceasefire took effect shows it is Israel doing the violating:

Israel has violated the United States-brokered Gaza ceasefire at least 497 times in 44 days, killing hundreds of Palestinians since the ceasefire came into effect on 10 October, according to the Gaza Government Media Office.

Some 342 civilians have been killed in the attacks, with children, women and the elderly accounting for the majority of the victims.

But Israeli officials and media have rejected this narrative, and have instead said that “On Saturday, a Palestinian gunman crossed the ceasefire line and opened fire on Israeli troops in Gaza’s south, leading to IDF strikes in the Strip.”

Gaza right now, ceasefire is a lie! #GazaUnderAttack pic.twitter.com/DWftLhe1a9

— Ahmed El-Madhoun (@madhoun95) November 22, 2025

Saturday alone saw some 24 Palestinians killed in a series of renewed Israeli airstrikes across the Strip. Washington has urged restraint and for both sides to observe the ceasefire, but Trump officials have also conceded that Israel has the right to act in specific instances where its troops in Gaza come under attack.

Authored by Christina Dass, Bloomberg Markets Live reporter and strategist

Traders are growing increasingly worried that this year’s stock-market rally may be all but over.

The S&P 500 Index just posted its biggest weekly range since June, and Nvidia’s good results as well as Jensen Huang’s reassurances that artificial intelligence isn’t in a bubble did little to calm investors’ nerves. Meanwhile, Bitcoin has lost about one-third of its value since hitting a record high last month, and concerns are growing over the pace of Federal Reserve cuts. 

While the S&P 500 is still up more than 12% this year, traders are paying up to lock in gains, especially when it comes to tech. The cost of options on the Invesco QQQ Trust Series 1 exchange-traded fund is hovering near its highest level since August 2024 versus that for the SPDR S&P 500 ETF Trust. 

Tech jitters came to the fore on Thursday, when an early surge following Nvidia’s earnings quickly reversed. That day, the market had its wildest peak-to-trough move since April 8, at the height of the tariff selloff, and the VIX  closed at its highest level since April.

“Whoever bought puts yesterday at the top can retire today,” Vuk Vukovic, chief investment officer at Oraclum Capital, a hedge fund active in the short-dated options market, joked on Friday. Moments of market stress like the down day on Thursday are “good for us,” he said, “because when you’re buyers of vol and vol explodes, that’s when you make the most returns.”

He noted that option sellers did not step into the market until Friday, sending the VIX lower. Vukovic expects volatility to compress once again before Christmas, though he forecasts one more surge before the end of the year. 

Volatility risk premium — the gap between implied and realized swings — remains relatively high, said Asym 500 founder Rocky Fishman. He pointed out in a note to clients that the six-month VIX has rarely been at a larger premium to realized six-month S&P 500 volatility.

Barclays equity-derivatives strategists including Stefano Pascale called the drawdown “fairly contained,” but they found it “a bit puzzling” given the resilient economic picture and strong earnings results, especially from Big Tech. In a note last week, they concluded that AI bubble fears and reduced bullish sentiment from retail traders triggered the selloff, highlighting concerns surrounding capital expenditures.

The latest slump in tech coincided with a plunge in Bitcoin, whose sensitivity to the Nasdaq 100 Index has increased in recent weeks. 

“The correlation is very high with leveraged Nasdaq,” said Vukovic, referring to funds like the ProShares UltraPro QQQ ETF. Wall Street options traders view Bitcoin as a pure risk asset, rather than the hedge against market volatility that the cryptocurrency was once viewed as, he said. 

Just as in QQQ, the put skew — reflecting the cost of hedging against slides — has risen for the iShares Bitcoin Trust ETF, signaling that investors are concerned about more declines. The fund, known by its ticker IBIT, has lost almost $2.2 billion in assets in November after more than $27.6 billion in inflows this year.

On Friday, an investor bought $43 puts in the ETF, financed by selling $52 calls — a position hedging against a Bitcoin decline below the early-April lows. The so-called risk reversal would allow the trader to sell 10 million shares of IBIT on a further 9% drop in the next four weeks, while risking being caught short on a rebound.

Late in the week, some traders were starting to cash in bets on higher volatility, as has often been seen after big price swings. More than 250,000 VIX December 25/30 call spreads were sold on Thursday and Friday, according to market participants. Based on open interest data, the trades appear to be closing out a position that was put on in early November. 

“I wouldn’t say that people are in a rush to monetize hedges, otherwise you wouldn’t have a very large volatility risk premium,” Fishman, a former Goldman Sachs Group Inc. strategist, said in an interview. “I think that for all the hedge monetizers there are probably people who are putting on more protection at the same time.” 

Authored by Mollie Engelhart via The Epoch Times,

Most people check the weather the way they check traffic or the time. Rain might mean rearranging plans or canceling a child’s T-ball game. A cold snap might simply mean pulling out a sweater or your favorite tweed jacket. Weather, for most people, is an inconvenience or a conversation starter. Because when you need water, you turn on a faucet. When you’re cold or hot, you adjust the thermostat. Weather becomes background noise rather than a force that shapes survival.

For farmers, weather is everything.

We don’t just look at the forecast. We live by it. We watch humidity, wind patterns, soil temperature, and cloud formation with the kind of attention most people reserve for financial markets or national security briefings. A few degrees of difference can determine whether a crop thrives or dies. We wait for moisture the way some people wait for medical news. Because one wrong call can erase months of work.

Earlier this year, the temperatures had been in the high 90s for weeks. Summer seemed to arrive early, and the weather service confidently projected warm, stable nights in the 50s. Based on that forecast, we continued preparing the greenhouses and tending the spring crops. Everything looked promising.

Then one Monday morning in late April, we woke up to ice. Not frost. Ice.

Our greenhouses weren’t sealed, because the forecast told us we were safe. The propane heaters inside are set to turn on automatically at 38 degrees, and they ran full force all night. By sunrise, we had burned through $5,000 in propane, and everything was still dead. Every spring tomato. Every cucumber. Tender annuals. Guavas, lemons, and young tropicals. Outside the greenhouse, brand-new kale and broccoli seedlings that had finally established themselves were frozen limp and useless.

There was no warning. Just loss.

That is what it means when a farmer mentions the weather. He isn’t complaining. He is praying that a single cold snap, drought, hailstorm, or unpredictable shift doesn’t take away his livelihood. We do everything we can, but the weather still decides what survives.

Which is why the cultural conversation around climate and weather is so interesting. We’ve been quick for years to talk about climate change. And I’ve always said: If we’re going to talk about climate change, we also have to talk about geoengineering. Because at this stage, it’s hard to know where one ends and the other begins. It’s hard to know whether the shifts we’re experiencing are natural, human-caused, manipulated, or some combination of all three. It’s even fair to ask whether climate change exists in the exact framework we’ve been presented—or whether geoengineering exists in the exact framework we’ve been told—or whether the lines have been blurred without transparency.

This was once considered wild conspiracy, the kind of thing people joked about with tinfoil hat references. Yet now it’s discussed openly. Amazon Prime hosts documentaries about it. Universities conduct research on it. Weather modification companies operate publicly in multiple states. Government agencies acknowledge it.

Today here in Kerr County, after heavy flooding, a CEO of a weather modification company made a point to assure the public that his cloud seeding was not responsible for the rainfall. I’m not claiming it was. But when someone feels compelled to explain themselves for something everyone swore didn’t exist 10 years ago, the conversation has already changed.

And that leads to a reasonable and necessary question:

What is the ripple effect?

Weather is a system. Everything in nature is interconnected. If you add rain here, does that mean less rain somewhere else? If you alter cloud structure or reflect sunlight, does that shift wind patterns, soil moisture, or storm behavior? If we inject particles into the atmosphere to cool temperatures globally, what happens to regional rainfall, food systems, ecosystems, and planting zones?

Farmers think this way because we live in the reality of consequences. We don’t work in theory. We work in soil, water, frost, and risk. Every decision has an outcome.

So if geoengineering and cloud seeding are now part of public policy, private industry, and scientific pursuit, then the people whose lives depend most on natural systems deserve transparency. We deserve honesty. We deserve oversight. And we deserve a voice before—not after—changes are made.

We can choose what we eat and what we put on our bodies. But we cannot choose what falls from the sky.

Weather is not a casual headline or a political slogan. It’s the difference between feeding our community or losing everything. If climate change is real in the way we’ve been told, then geoengineering absolutely matters. If geoengineering is now a reality, then the climate narrative cannot be discussed without it.

The sky is not a laboratory. It is a life support system.

And the question that remains is not whether these experiments are helpful, harmful, necessary, or misguided.

The real question is much simpler.

Did the people beneath the sky ever consent?

Because I don’t remember being asked. And I doubt most people do.

Views expressed in this article are opinions of the author and do not necessarily reflect the views of The Epoch Times or ZeroHedge.

Because the universe is nothing if not predictable, we’re back with yet another episode of “New York’s transit agency attempts first grade math.”

The MTA has once again found itself rummaging through the sofa cushions of the nation’s largest transit network, searching for spare millions, according to Bloomberg. If it feels like we’re constantly writing about their chronic cash-management drama, that’s because… we are. 

New York’s Metropolitan Transportation Authority is now targeting $675 million in additional cuts over the next four years, aiming to trim anything that can reasonably be declared unnecessary. This comes from its latest budget presentation, which also outlines multiple cost-saving initiatives already in motion.

Bloomberg writes that the agency is finally phasing out the yellow MetroCard, swapping in OMNY as the full-time fare system to eliminate a slew of legacy maintenance costs. It’s also replacing older commuter-rail train cars and deploying artificial intelligence to streamline supply needs. Those efforts come alongside hopes for a rebound in real estate tax revenue, expected to return to roughly $1.1 billion annually by 2027 after dropping to $719 million in 2024.

All this belt-tightening is unfolding against the backdrop of fewer riders than before the pandemic, rising labor and supply expenses, and an estimated $1 billion annual hit from fare evasion. Despite that, MTA leadership insists they’re holding things together. As Janno Lieber said during a board meeting, “Figuring out how to do more with less has been the daily priority of the MTA these last few years. And I think we’re doing it pretty well.”

The agency estimates the combined cuts and revenue gains will narrow deficits by $418 million over the next three years. Officials now anticipate a $160 million gap in 2027 — under 1% of that year’s operating budget — before deficits climb again, to $243 million in 2028 and $306 million in 2029.

Much of the long-term savings are tied to the OMNY rollout, which eliminates MetroCard-related costs like machine upkeep and coin handling. New Long Island Rail Road cars should reduce maintenance needs, and improved scheduling technology is set to make train and crew deployment more efficient.

Still, even with additional state funding replacing expired federal pandemic aid, the MTA faces some significant uncertainties. Future budgets rely on fare and toll hikes planned for 2027 and 2029, assume $500 million in casino revenue that depends on yet-to-be-finalized developments, and hinge on a long-delayed $600 million FEMA reimbursement for pandemic cleaning expenses.

Lieber noted the holdup bluntly: “Money was promised under the first Trump administration to fund that, but it hasn’t yet come from Washington. That application’s been sitting for awhile.”

And so the MTA’s eternal budget circus continues…