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Monday, January 1, 2024

Anti-Israel rally at JFK Airport causes New Year’s Day nightmare

 Hateful anti-Israel protesters yelling inflammatory chants snarled traffic and caused chaos as they descended upon John F. Kennedy International Airport Monday – creating a  nightmare on one of the busiest travel days of the year. 

The Belt Parkway — a major thoroughfare used by vehicles to travel to the airport — was temporarily blocked off by police near Exit 20 as they tried to stem the flow of the “Flood JFK For Gaza” protest, which was planned by Within Our Lifetime, a Palestinian-led activist group.

“NYPD, KKK, IDF you’re all the same,” protesters inside an SUV screeched through a megaphone, according to video posted to X.

Other footage posted to social media showed more than a dozen cars waving Palestinian flags and honking car horns on the gridlocked parkway shortly before the planned rally at 2 p.m.

A box truck displayed images of Israeli troops with Palestinian children, claiming “Israel has waged a war on the children in Palestine.”

Anti-Israel protesters continue to blockade JFK Airport with dozens of vehicles.FNTV

Around 100 cars left from Canarsie earlier in an effort to halt travel at JFK – but were denied entry into Terminal 4, where photos showed an armored NYPD vehicle parked in a lane near the terminal’s exit.

“Airport is swarming with law enforcement and organizers were removed from Terminal 4,” Within Our Lifetime posted on X in a Monday afternoon update.

After being turned away from JFK, the car caravan left the area and headed to LaGuardia Airport, creating more congestion on the Grand Central Parkway, according to an NYPD advisory posted on X shortly after 3 p.m.

The Belt Parkway was temporarily blocked off by police near Exit 20.FNTV
More than a dozen cars had people waving Palestinian flags and honking car horns on the gridlocked parkway.Stephen Yang

But the group met a similar fate as they were also blocked from entering the second airport, according to Brooklyn Councilwoman Inna Vernikov.

Traveling by rail wasn’t much better as the shuttle train at Jamaica station had limited access to only employees and people with boarding passes, video shows.

NYPD Chief of Transportation Philip Rivera advised travelers to plan their travel ahead of time and be prepared for delays due to planned protests.

Social media users voiced their outrage at the protesters clogging up traffic.

A Port Authority Police armored vehicle guards the road to JFK’s Terminal 4.Stephen Yang
The demonstration comes just days after police arrested at least 26 protestors that blocked the Van Wyck Expressway.FNTV

“Bring bulldozers… clear the road!!!!,” Rick Gavin wrote on X.

“Break out the water cannons. Enough of this crap,” another social media user vented.

X user James Gilmour said that the NYPD should “arrest all of them.”

Cars with the Palestinian flag are turned away from JFK airport by NYPD.Stephen Yang
New York Police members patrol around terminal 4 at JFK International Airport as security units await the arrival of a Pro-Palestinian protest.REUTERS

“Absolutely disgusting behaviour. Arrest all of them. Scum of society,” Gilmour said.

A third X user similarly called for repercussions for the demonstrators.

“Consequence, please & thx. All for protests, but not when it disrupts innocent lives,” the user wrote.

NYPD Chief of Transportation Philip Rivera advised travelers to plan their travel ahead of time and be prepared for delays due to planned protests.FNTV

Sources said no arrests had been made by early Monday evening.

The NYPD did not immediately return requests for comment.

In yet another stop, the group who organized Monday’s rally urged protesters to head to Wall Street in Lower Manhattan. 

The New Year’s Day disturbance comes just days after police arrested at least 26 protestors that blocked the Van Wyck Expressway, halting access to JFK.

As many as 40 people linked hands together, blocking traffic on the highway and on a service road – which forced travelers to walk to their terminals in the rain with their luggage.

https://nypost.com/2024/01/01/metro/anti-israel-rally-at-jfk-airport-causes-new-years-day-travel-nightmare/

Longboard Pharma Call to Discuss Topline Data on Phase 1b/2a Trial in Encephalopathies

 Longboard Pharmaceuticals, Inc. (Nasdaq: LBPH), a clinical-stage biopharmaceutical company focused on developing novel, transformative medicines for neurological diseases, today announced that it will host a conference call to discuss topline data from the PACIFIC Study, a Phase 1b/2a clinical trial evaluating bexicaserin (LP352) in participants with a broad range of Developmental and Epileptic Encephalopathies (DEEs). Bexicaserin is a potentially best-in-class, oral, novel, 5-HT2C receptor superagonist with no observed impact on 5-HT2B and 5-HT2A receptor subtypes.

Conference Call and Webcast Details

Longboard will host a conference call tomorrow, January 2, at 8:30am ET. Stockholders and other interested parties may participate in the call by following the instructions below. The live webcast can be accessed on the Events & Presentations portion of the investor page of Longboard’s website at https://ir.longboardpharma.com. A replay will be available on Longboard’s website shortly after completion of the event and will be archived for up to 30 days.

Participant Webcast Link: https://edge.media-server.com/mmc/p/sqg9yxpf

Participant Call Link: https://register.vevent.com/register/BIb92b4a3dd66f44fdbc3fcd202fca9caf

1.

Click on the call link and complete the online registration form.

2.

Upon registering you will receive the dial-in info and a unique PIN to join the call as well as an email confirmation with the details.

3.

Select a method for joining the call;

 

i. Dial-In: A dial in number and unique PIN are displayed to connect directly from your phone.

 

ii. Call Me: Enter your phone number and click “Call Me” for an immediate callback from the system. The call will come from a U.S. number.



https://www.businesswire.com/news/home/20240101532190/en/

China Evergrande's EV share sale deal lapses

 A share sale plan between China Evergrande New Energy Vehicle Group, the electric vehicle arm of property developer China Evergrande , and U.S.-listed NWTN has lapsed, according to a Hong Kong stock exchange filing on Monday.

As neither party agreed on the extension of the long stop date, which is the last day of 2023, Evergrande New Energy Vehicle said the share subscription and loan conversion subscription agreement by NWTN are no longer valid.

In an announcement in August the electric vehicle subsidiary said it had agreed to issue 6.18 billion new shares to Dubai-based mobility company NWTN for a total HK$3.89 billion ($498.2 million).

https://www.marketscreener.com/quote/stock/CHINA-EVERGRANDE-GROUP-6171025/news/China-Evergrande-s-EV-share-sale-deal-lapses-45654561/

Chinese automaker Geely raises sales target for 2024 to 1.9 million units

 Chinese carmaker Geely Automobile Holdings Ltd set its sales volume target at 1.9 million units for 2024, up 13% from its total sales last year, according to a Hong Kong stock exchange filing on Monday.

The company also said it increased its sales volume target for new energy vehicles by more than 66% compared with the total sales volume achieved in 2023, without giving a figure.

Geely, China's second largest automaker by sales, said it sold 1,686,516 vehicles in 2023, up 18% from 2022.

In December, sales volumes rose 3% from the same period in 2022, it added.

https://www.marketscreener.com/quote/stock/GEELY-AUTOMOBILE-HOLDINGS-6165704/news/Chinese-automaker-Geely-raises-sales-target-for-2024-to-1-9-million-units-45654526/

More EVs lose US tax credits including Tesla Cybertruck, Nissan Leaf

 Many electric vehicles lost eligibility for tax credits of up to $7,500 after new battery sourcing rules took effect on Monday, including the Nissan Leaf, Tesla Cybertruck All-Wheel Drive and Chevrolet Blazer EV, the U.S. Treasury said.

More EVs lose US tax credits including Tesla Cybertruck, Nissan Leaf

The Treasury issued guidelines in December detailing new battery sourcing requirements aimed at weaning the U.S. electric vehicle supply chain away from China. They took effect on Monday.

The number of EV models qualifying for U.S. EV tax credits fell from 43 to 19. Those figures include different versions of the same vehicle type. Treasury said some manufacturers have yet to submit information on eligible vehicles, which could lead to changes in the list.

The new rules allow buyers to claim the tax credit of up to $7,500 at a participating dealership at the point of sale. The tax credit sets limits on vehicle price and buyer income to qualify.

The Volkswagen ID.4, Tesla Model 3 Rear Wheel Drive, BMW X5 xDrive50e, Audi Q5 PHEV 55, Cadillac Lyriq and Ford E-Transit are among the vehicles that fell off the list of vehicles eligible for tax credits.

Volkswagen said on Monday it "is in the process of confirming eligibility for a federal EV tax credit for vehicles" after Jan. 1.

"We are optimistic that MY2023 ID.4s and all MY2024 ID.4s will be eligible under the new rules," VW added.

BMW, Nissan and Tesla did not immediately comment.

The Treasury said "automakers are adjusting their supply chains to ensure buyers continue to be eligible for the new clean vehicle credit, partnering with allies and bringing jobs and investment back to the United States."

Ford Motor said last month its E-Transit would lose the $3,750 tax credit, as would the Mach-E and Lincoln Aviator Grand Touring plug-in hybrid, but its F-150 EV Lighting and the Lincoln Corsair Grand Touring retained credits.

General Motors noted all of its EVs would temporarily lose eligibility except the Chevrolet Bolt, adding the Lyriq and Blazer EV are losing the credit because of two minor components.

GM expects after a sourcing change the Lyriq and Blazer EV will regain eligibility in early 2024 and said its Chevrolet Equinox EV, Chevrolet Silverado EV, GMC Sierra EV and Cadillac OPTIQ produced "after the sourcing change will be eligible for the full incentive."

The 2022 Inflation Reduction Act law reformed the EV tax credit, requiring vehicles to be assembled in North America to qualify for any tax credits, eliminating nearly 70% of eligible models at the time.

Tesla disclosed in December its Model 3 Rear-Wheel Drive and Long Range vehicles would lose federal tax credits starting Jan. 1. The Model 3 Performance retains the $7,500 credit.

https://www.marketscreener.com/quote/stock/TESLA-INC-6344549/news/More-EVs-lose-US-tax-credits-including-Tesla-Cybertruck-Nissan-Leaf-45654894/

Israel signals tactics shift, troop pullback as US carrier heads home

 Israel pulled tanks out of some Gaza City districts on Monday, residents said, as it announced plans to shift tactics and cut back on troop numbers, but fighting raged elsewhere in the Palestinian enclave along with intense bombardment.

Israel says the war in Gaza, which has reduced much of the territory to rubble, killing thousands and plunging its 2.3 million people into a humanitarian disaster, has many months to go.

But it also signaled a new phase in its offensive, with an official saying on Monday the military would draw down forces inside Gaza this month and shift to a months-long phase of more localised "mopping up" operations.

A U.S. official said the decision appeared to indicate the start of a shift to lower-intensity operations in the north of the Palestinian enclave. The hints at a lowered tempo in Gaza came as the U.S. Navy announced that the Gerald R. Ford aircraft carrier was returning to its home port in Virginia after being to deployed to the Eastern Mediterranean following the outbreak of hostilities.

The Israeli official said the troop reduction would allow some reservists to return to civilian life, shoring up Israel's war-battered economy, and free up units in case of a wider conflict in the north with Lebanon's Iran-backed Hezbollah.

Artillery fire between Hezbollah and Israel has rattled the border since the start of the Gaza conflict, with Israel's military saying it carried out an air strike on Monday.

Residents and security sources said Israeli raids targeted houses in the Lebanese village of Kafr Kila near the border, killing three people. They identified them as rescuers, but Lebanon's Hezbollah movement later said on its Telegram account on Monday that the three were fighters with the movement.

The Israeli official said the situation on the Lebanese border "will not be allowed to continue. This coming six-month period is a critical moment."

Any new escalation carries risks for a wider regional war. Tehran-backed fighters in Yemen have attacked Red Sea shipping, drawing a U.S. military response, and an Iranian warship has sailed into the waterway, Iranian media reported on Monday.

The Gaza war was triggered by a surprise Hamas attack on Israeli towns on Oct. 7 that Israel says killed 1,200 people. Palestinian health authorities in Hamas-run Gaza say Israel's offensive there has killed more than 21,978 people.

SHELTER IN ZOO

The scale of suffering in Gaza, where the bombardment has driven almost all inhabitants from their homes, has led Israel's Western allies, including the U.S., to urge it to scale down its offensive.

"My wish for 2024 is not to die ... Our childhood is gone. There is no bathroom, no food and no water. Only tents," 11-year-old Layan Harara said in Gaza's Rafah. In the city's zoo, people camped out between cages holding starving animals.

Residents of Sheikh Radwan district in Gaza City, in the northern part of the enclave that Israel's offensive focused on first, said tanks had withdrawn after what they described as the most intense 10 days of warfare since the conflict began.

"The tanks were very near. We could see them outside the houses. We couldn't get out to fill water," said Nasser, a father of seven living in Sheikh Radwan.

Tanks also pulled out of Gaza City's al-Mina district and parts of Tel al-Hawa district, while retaining some positions in the suburb controlling the enclave's main coastal road, residents said.

However, tanks remained in other parts of northern Gaza and health officials said some people trying to return to their homes in a southern district of Gaza City had been killed by Israeli fire on Sunday. On Monday, Hamas' armed wing claimed to have killed 15 Israeli soldiers after triggering an explosive minefield east of the Tuffah neighborhood in Gaza city.

Fighting in central parts of the enclave continued unabated, residents there said, with tanks pushing into al-Bureij and air strikes targeting al-Nusseirat, al-Maghazi and the southern city of Khan Younis. Strikes killed at least 10 people in al-Maghazi, and seven in a house in Deir Al-Balah, health officials said.

Hamas showed its continued ability to target Israel after more than 12 weeks of the war, launching a barrage of rocket fire at Tel Aviv overnight.

GUERRILLA AMBUSHES

Israel's move to a new stage in the conflict comes after its initial bombardment and a ground invasion that began on Oct. 27. Air and artillery strikes have continued to pound the entire enclave during that time, leaving much of it in ruins.

With Israeli tanks and troops having overrun most of northern Gaza, while still pushing into the centre and parts of the south, Hamas is responding with guerrilla-style ambushes from tunnels and bunkers in the enclave's narrow streets.

Hamas seized 240 hostages on Oct. 7 and Israel believes 129 are still held in Gaza after some were released during a brief truce and others killed during air strikes and rescue or escape attempts. Qatar and Egypt are seeking to negotiate a new truce and hostages deal.

Avi Dichter, a member of Israel's security cabinet, said on Kan Radio that hostages could only be freed by putting "massive" pressure on Hamas and allied groups. "Without Hamas' terrorist infrastructure being destroyed and its governance capabilities toppled, the war will not end," he said.

On Saturday Israeli Prime Minister Benjamin Netanyahu said the country must retake control of Gaza's border with Egypt, an area now crammed with civilians who have fled the carnage across the rest of the enclave.

Retaking the border could also constitute a de facto reversal of Israel's 2005 withdrawal from Gaza, raising new questions over the future of the enclave and prospects for a Palestinian state.

Washington said Israel should allow a Palestinian government to control Gaza when the conflict is over.

In the Israeli-occupied West Bank, 2023 was the deadliest year on record for Palestinians with 307 killed since the war in Gaza began on Oct. 7, the U.N. said.

https://news.yahoo.com/fighting-rages-gaza-israel-looks-110016832.html

Iran Dispatches Warship To Red Sea, Houthis Warn Of "Repercussions" After US Forces Kill Rebels

 Regional instability risks mount in the Red Sea following the Iran-backed Houthi attack on a Maersk container ship on Sunday. US Forces responded with attack helicopters that eliminated three small boats and ten rebels.

After the skirmish, a spokesperson for the Yemeni militia group warned of "consequences and repercussions" for the US aggression. 

Houthi military spokesman Yahya Sarea confirmed on the Yemeni TV channel Al-Masirah that US forces killed ten of its fighters. 

"US enemy forces attacked three boats belonging to the Yemeni Naval Forces, which led to the martyrdom and the loss of ten people from the Naval Forces," Sarea said.

The spokesman said its fighters were "performing their humanitarian and moral duty" to deter Israel-related commercial vessels from transiting the Red Sea "in solidarity and support for the Palestinian people."

He said the US "bears the consequences" for attacking and killing ten of its fighters, adding that the "military movements in the Red Sea to protect Israeli ships will not prevent Yemen (Houthi militia) from performing its humanitarian duty in support of Palestine and Gaza."

Perhaps even more problematically from a global escalation perspective, Iran dispatched a warship to the Red Sea.

The Alborz destroyer traversed the Bab El-Mandeb strait, a narrow choke point between the Red Sea and the Gulf of Aden, on Monday, Iranian state media said, adding that Iran’s naval fleet has been operating in the area “to secure shipping lanes, repel pirates, among other purposes since 2009.”

The move appears to represent a clear challenge to the US-led maritime security force established last month to protect ships from attack in the region.

Earlier in the day, US Central Command (CENTCOM) reported it received a distress call from a Singapore-flagged Maersk container ship named "Hangzhou." 

CENTCOM wrote on X that a missile hit Hangzhou in the Red Sea. 

CENTCOM said attack helicopters from the nuclear-powered aircraft carrier USS Dwight D. Eisenhower and USS Gravely were quickly deployed and eliminated three small boats and Houthi militants.

What's clear is that tensions across the Bab al-Mandab Strait are only worsening despite the Pentagon's Operation Prosperity Guardian mission to shield commercial vessels from attacks in the Red Sea.

https://www.zerohedge.com/geopolitical/houthis-warn-repercussions-after-us-forces-kill-rebels-during-maersk-ship-attack-red