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Israel Today: Ongoing War Report - Update from 2026-06-29 at 10:01

Israel Today: Ongoing War Report - Update from 2026-06-29 at 10:01

Published 3 weeks ago
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HEADLINES
Lebanon-Israel peace framework advances, hopes rise
Palestinian digital payments ease banking crisis
UTJ MK calls to shoot rival

The time is now 10:01 AM in New York, I'm Noa Levi and this is the latest Israel Today: Ongoing War Report.

In Regional Impacts, Anwar Gargash, the diplomatic adviser to the UAE president, said the framework agreement between Lebanon and Israel is a step toward restoring Lebanon’s sovereignty. On June 25, the UAE held an important meeting with Syria’s foreign minister, with UAE President Sheikh Mohamed bin Zayed Al Nahyan meeting Asaad al-Shaibani, the Syrian foreign minister. Gulf states are encouraged by signs of stability in Syria and are hopeful that the Lebanon agreement can help pave the way for more stability in the region. They see a connection because Iran views these regions as linked, and they believe peace and stability can have a domino effect: progress in one area could influence others. The United States remains actively engaged on these fronts as Gulf states confront threats from Iran in recent days, and they hope that Lebanon and other areas can move toward peace to ease tensions in the Gulf.

In US Policy Concerning Israel, Washington’s approach continues to unfold on multiple fronts. White House spokesperson Karoline Leavitt said US special envoy Steve Witkoff and Jared Kushner will travel to Doha for high-level talks with Iran this week, with technical talks on the sidelines as negotiations proceed regarding a memorandum of understanding. President Trump has said Iran requested the meeting but has provided few details. Separately, the United States announced it had reached a trilateral framework with Israel and Lebanon intended to create a path to peace and to establish diplomatic relations between the two countries. Mediators have also indicated that Iranian and US teams are expected to meet in Doha to advance an interim peace deal, with the aim of a broader set of talks on thornier issues such as Iran’s nuclear program, while some Iranian officials have suggested that certain technical meetings are not yet confirmed.

In Israeli Domestic Politics, provocative rhetoric and shifting alliances dominate the headlines. MK Yitzhak Pindrus of United Torah Judaism suggested that Naama Lazimi should be shot in the legs for “blocking the road” during a Knesset Education Committee discussion on gender segregation in academia. In response, MK Adi Ezuz (Together) countered that by Pindrus’s logic, UTJ party leader Yitzhak Goldknopf should also be shot in the legs for blocking a road. A Hebrew-language post quoted Smotrich commenting on developments in Netanyahu’s trial, saying that a day will come when those responsible will face accountability. Separately, opposition leader Yair Lapid said Yesh Atid will not sit with Netanyahu after his call for a broad national government, accusing him of failing to take responsibility for October 7 and predicting he will lose the next election.

In Israeli Economy and Business, the Palestinian Authority is moving toward digital transactions to ease a banking crisis. Deputy Governor Mohammad Manasra said the Palestinian sector will rely increasingly on electronic payments as part of a multi-track response to the crisis, which is partly tied to Israeli restrictions on transferring surplus cash. Under current rules, Palestinian banks can only return physical currency through Bank Hapoalim and Israel Discount Bank, with an annual cap of NIS 18 billion. The system also depends on letters of indemnity and immunity issued by Israel’s Finance Ministry to shield banks from money-laundering accusations, letters that have been blocked in recent years. Analysts at the Arab Center Washington DC warn that the accumulation of shekels in Palestinian banks has reached unsustainable levels, posing risks to the banking system’s capacity.

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