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home / articles / UBS - Israel's Netanyahu Forms Wartime Cabinet As Military Readies Gaza Ground Offensive | Benzinga


UBS - Israel's Netanyahu Forms Wartime Cabinet As Military Readies Gaza Ground Offensive | Benzinga

Israel has formed a wartime cabinet as a conflict with Hamas militants in Gaza escalates for the fifth day.

What Happened: The cabinet consists of Israeli Prime Minister Benjamin Netanyahu, opposition leader and former Defense Minister Benny Gantz and current Defense Minister Yoav Gallant, according to the Associated Press. 

The news comes as the Israeli military preps for a ground offensive in Gaza.

On Oct. 7, Hamas militants from Gaza stormed through a border fence and began attacking hundreds of Israelis in their homes, in public and at an outdoor music festival.

An estimated 150 people — including women and children — were taken hostage from Israel. Since then, some 2,400 Israelis have been wounded, with more than 1,000 dead.

Israel responded with missile attacks and blockades, closing Gaza off from water, food, electricity and medical supplies. At the time of writing, Palestinian ...

Full story available on Benzinga.com

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Company Name: UBS Group AG Registered
Stock Symbol: UBS
Market: NYSE
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