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Netflix records high profits

Netflix shares have risen by more than 30% since the start of this year, close to their 2021 peak. However, they were almost 5% lower after the announcement. Netflix says its profits have soared in the first three months of this year, partly thanks to a crackdown on password sharing. The streaming giant said it

Third World Economic Crisis

It is two years since higher interest rates in the rich world began to put even more pressure on cash-strapped governments.In reality, the crisis rolls on. The governments that went bust still have not managed to restructure their debts and dig out of default. As such, they are stuck in limbo. The core of the

Tesla recalls Cybertrucks 

The Cybertruck project has faced numerous problems – including Elon Musk breaking its window during a demonstration of it in 2019. Its recall comes at a difficult time for the company, which faces increasing competition from rival firms and cooling interest in electric vehicles. Tesla, the electric car company owned by Elon Musk, has recalled

US and Israel meet on Rafah 

The U.S. and Israel are holding another tense meeting on a future Rafah operation Thursday, a sign that Iran’s attack isn’t halting negotiations over Israel’s conduct in the war against Hamas. During the group’s first virtual meeting on April 1, the U.S. and Israel found themselves far apart on the issue of civilian protection for

Withdraw of Qatar from Gaza ceasefire talks

A close ally of the United States, Qatar has been coordinating with Washington and Egypt to secure the release of the more than Israeli 100 hostages in Gaza, as well as end Israel’s war in the territory. Qatar has come under criticism from Israel and its allies in the United States Congress, who have accused

New sanctions on Iran’s drones and steel

Israeli officials say that nobody was killed by Iran’s barrage of 320 missiles and drones Sunday morning local time, but a Bedouin Arab girl was seriously injured. The US and Israeli militaries shot down most of the projectiles before they could reach their targets. President Biden announced sanctions against Iranian steel and drone companies as

Iran will build Nuclear weapons if Israel Strikes

Israel’s military chief has vowed a response to the Iranian aerial salvo, which was mostly intercepted, while world leaders have urged de-escalation. Tehran’s first direct attack on Israel, launched late Saturday, was in retaliation for an April 1 air strike on the Iranian consulate in Damascus that killed seven members of the Islamic Revolutionary Guard

Elon Musk’s Compensation

Tesla is again seeking to award boss Elon Musk the biggest pay deal in corporate American history, worth $56bn. Musk’s compensation for 2023 was $0, the filing showed, as the billionaire does not take a salary from the company and is compensated through stock options. Musk is also trying to recover his reputation after a

Missile Attack North of Kyiv

Dzhankoi is a hub for Russian roads and railways about 50 miles south of the Ukrainian mainland. It has been a frequent target of long-range strikes by the Ukrainian military, part of a broader campaign to isolate Russian troops fighting in southern Ukraine and undermine Russian logistics.At least 14 people were killed and scores more

US to transfer seized Iranian weapons

On April 4th, five thousand machine guns, sniper rifles, and reusable shoulder-launched rockets as well as over five hundred thousand rounds of ammunition were transferred to the Ukrainian Armed Forces from the United States. The weapons and ammunition transfer was enough material to equip one brigade of the Ukrainian Armed Forces with small arms rifles.