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Showing posts from April, 2025

Meta And Microsoft Will Report Earnings Today: What To Expect From Big Tech Results

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  Meta CEO Mark Zuckerberg, left, and Microsoft CEO Satya Nadella will both address investors  Wednesday Earnings for two of the U.S.’ handful of trillion-dollar companies will come out Wednesday afternoon as Meta and Microsoft will update investors, kicking off a crucial week for on-edge big technology stocks as tariffs complicated investor appetite for artificial intelligence-driven growth. Key Facts Meta and Microsoft will both disclose financial results from the first three months of 2025 shortly after 4 p.m. EDT. Wall Street expects both West Coast titans will set new records on both the top and bottom line for the first calendar quarter. Consensus forecasts call for $68.4 billion in revenue and $3.22 earnings per share ($24.1 billion net income) for Microsoft, according to FactSet data, which would be an 11% year-over-year increase in sales and 10% jump in profit. Analysts project Meta to bring in $41.4 billion in revenue and $5.23 EPS ($13.5 billion net income), represe...

Pakistan Claims ‘Credible Evidence’ India Is Planning ‘Military Action’ Soon—As Tensions Rise Between Neighbors

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  A policeman, left, checks a vehicle as paramilitary soldiers stand guard at a temporary checkpoint  in Srinagar, Indian-administered Kashmir. Pakistan claimed it had “credible intelligence” India was planning to conduct military action on its territory, warning it would retaliate if so, as tensions between the two nuclear-armed rivals rise after India blamed Pakistan for a deadly attack in its Kashmir region that saw gunmen kill 26 tourists. Key Facts In an  announcement  early Wednesday, Pakistan’s Information Minister Attaullah Tarar claimed his country has “credible intelligence that India intends to carry out military action against Pakistan in the next 24-36 hours.” Tarar dismissed claims of Pakistan’s involvement in last week’s terrorist attack on the Kashmiri tourist town of Palagham, saying they were “baseless and concocted allegations.” Tarar warned any military action by India will be “responded to assuredly and decisively,” and a conflict between the two...

U.S. Economy Shrank During 2025’s First Quarter As GDP Slipped 0.3%

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  Some measures tracking U.S. economic activity predict the U.S. economy actually shrank during the  first three months of 2025. Pictured is the Port of Long Beach. As recession fears reverberate from Washington to Wall Street, Wednesday brought the most comprehensive yardstick yet of the health of the U.S. economy yet as the government released the first estimate of the country’s gross domestic product over the first three months of 2025. Key Facts Real gross domestic product (GDP) grew -0.3% on a quarter-over-quarter, seasonally adjusted annual rate, according to the Bureau of Economic Analysis. That is the weakest economic growth for the U.S.  since  2022’s first quarter. Consensus economist forecasts pegged last quarter’s real GDP growth at 0.4%, according to Dow Jones data, a stark decrease from the prior period’s 2.4% expansion. Data from sources following underlying measures of economic activity suggested Wednesday’s GDP reading could be even worse than that; ...

What Trump Said In 100 Days Interview: China Tariffs, Deportations And Putin

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  U.S. President Donald Trump talks to reporters during a meeting with Norway's Prime Minister Jonas  Gahr Store in the Oval Office at the White House. President Donald Trump discussed his first 100 days in office in an interview with ABC News on Tuesday that at times became tense, where he defended his handling of the economy, high tariffs on China and his administration’s immigration crackdown. Key Facts Trump had several tense exchanges with ABC News anchor Terry Moran during  the interview , where he described the network as “one of the worst.” The president defended his decision to hit China with steep tariffs, but said he expected this to have no impact on U.S. consumers, as he believes China will “eat those tariffs.” The president claimed China was “ripping us off like nobody has ever ripped us off,” and while he acknowledged a 145% tariff amounted to a trade embargo, he thought it was “good” and “they deserve it.” The comments on the China tariffs are a shift in t...

I’m A Freedom Fighter, Not A Terrorist – Nnamdi Kanu Defends His Mission In Court

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Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB), has declared that his agitation for the emancipation of the South East, South South, and parts of Benue and Kogi States is a legitimate struggle—not an act of terrorism, as alleged by the Nigerian federal government. In a statement made during his interrogation by operatives of the Department of State Services (DSS) in Lagos on October 15, 2015, Kanu insisted that freedom fighting is a universal human right and not a criminal offense, even in Nigeria. The statement, which was read in open court on Tuesday, April 29, and accepted as evidence, revealed that Kanu was questioned without legal representation, in violation of due process. He also denied any involvement in violence, asserting that he has never been linked to any violent activities in Nigeria. The statement was presented in court by DSS operatives. The federal government’s lead counsel, Chief Adegboyega Solomon (SAN), requested that it be read publicly. With no ...

Embattled Cardinal Becciu Bows Out Of Pope Election Amid Ongoing Legal Battle

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Cardinal Giovanni Angelo Becciu, once one of the Vatican’s most influential figures, announced Tuesday that he will not participate in the upcoming secret conclave to elect a new pope. Becciu’s decision follows years of scandal and a high-profile conviction for financial crimes. In 2020, Pope Francis ordered him to resign his “rights and privileges” as a cardinal after his name surfaced in a major Vatican financial scandal. Following the pope’s death last week, Becciu initially launched an appeal to assert his right to vote in the conclave. However, in a surprising reversal, he issued a statement Tuesday formally stepping aside. “I have decided to obey, as I have always done, Pope Francis’ will not to enter the conclave, while remaining convinced of my innocence,” Becciu stated. The Vatican announced Monday that the conclave to elect a new pope for the world’s 1.4 billion Catholics will begin on May 7. Becciu’s withdrawal comes just a week after he told a Sardinian newspaper that ...

Chinese Fighters Reveal Brutal Truths Of Russia’s War In Ukraine

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A Chinese man who fought for the Russian army claims his commanders locked him in a dark, steel-barred pit—barely large enough to stand—for 21 days. His offense, he says, was questioning a superior over life-saving protective gear. The man, using the alias “Michael,” told CNN he initially joined Russia’s war in Ukraine to “experience military life abroad.” But after a harrowing year on the front lines, he now calls his decision to enlist in Vladimir Putin’s army “a mistake.” Michael said the punishment crushed any desire he had to keep fighting. “I need to speak the truth and warn other Chinese people—don’t come here,” he said during a phone interview from his recovery bed, where he is healing from battlefield injuries. Calling Russia’s military “a complete joke,” Michael cited outdated equipment, poor logistics, corruption, and abuse. His criticisms mirror broader reports that have surfaced since the war began. The Shadow Army: Chinese Fighters in Putin’s Ranks While both Ukraine...

Nadal Defends Sinner Amid Doping Controversy: "I 100% Believe In His Innocence"

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Spanish tennis legend Rafael Nadal has voiced his full support for world No. 1 Jannik Sinner, who is nearing the end of a doping suspension. Speaking exclusively to CNN Sport, Nadal said he firmly believes the Italian star is innocent. Sinner, a rising force in men’s tennis, is serving a three-month ban after twice testing positive for Clostebol, an anabolic steroid, in March last year. Initially, he avoided suspension when the International Tennis Integrity Agency (ITIA) accepted that a contaminated over-the-counter spray applied by a physiotherapist caused the positive tests. However, the World Anti-Doping Agency (WADA) appealed the ruling, prompting Sinner to accept a suspension running from February 9 to May 4, 2025. “I’ve always taken responsibility for my team,” Sinner said in a February statement, “but I’ve never knowingly taken a banned substance.” Nadal, who was honored with the Sporting Icon Award at this year’s Laureus World Sports Awards, weighed in on the controversy. ...

Nepal To Tighten Everest Access: Only Experienced Climbers Will Qualify

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Nepal is set to introduce a new law that will limit Mount Everest permits to only those climbers who have successfully summited at least one of the country’s 7,000-meter (22,965 ft) peaks. The move is part of a broader effort to reduce overcrowding and enhance safety on the world’s tallest mountain. The draft law, now registered in the National Assembly—where the ruling coalition holds a majority—comes in response to growing international criticism over the lax permitting system. Critics argue that allowing inexperienced climbers to attempt the 8,849-meter (29,032 ft) Everest summit has led to dangerous congestion, particularly in the notorious “Death Zone,” where oxygen levels are fatally low. Overcrowding has been linked to a spike in fatalities on Everest. In 2023 alone, 12 climbers died and five more went missing, despite only 478 permits being issued. The previous year saw eight deaths. Under the proposed legislation, an Everest permit would be granted only after a climber prov...

Hell In Saada: U.S. Airstrike On Migrant Prison Kills 68, Sparks Outrage And Questions

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SAADA, YEMEN — Yemen’s Houthi rebels have accused the United States of carrying out a deadly airstrike on a detention center housing African migrants, killing at least 68 people and injuring 47 others in the northern Saada governorate — a Houthi stronghold. The U.S. military has yet to confirm or comment on the incident. The alleged strike, which targeted a facility holding Ethiopian and other African migrants, marks one of the deadliest episodes in Yemen’s decade-long war. These migrants often brave the war-torn nation in hopes of reaching Saudi Arabia for work. The strike has renewed outrage from human rights groups and critics of the U.S. campaign, dubbed “Operation Rough Rider.” The U.S. Central Command, in a statement released hours before news of the alleged airstrike broke, reiterated its policy of withholding specific details of its operations for security reasons. “To preserve operational security, we have intentionally limited disclosing details of our ongoing or future o...

Massacre In Zamfara: Gunmen Slaughter Over 20 In Gold Mining Village

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At least 20 people have been killed in a brutal attack by armed gunmen on a gold mining village in Zamfara State, northwestern Nigeria, according to residents and Amnesty International. The assault took place in Gobirawa Chali, a mining community in the Maru Local Government Area, on Thursday afternoon. Witnesses say hundreds of gunmen stormed the village, opened fire on miners, and engaged in a fierce gun battle, leaving a trail of death and destruction. “We counted over 20 bodies,” said Ismail Hassan, a local resident. “They came in large numbers and just started shooting.” Another witness, Isah Ibrahim, confirmed that at least 21 bodies had been recovered, with several others wounded in the chaos. Amnesty International reported that the attackers went house-to-house, killing indiscriminately. “The gunmen moved from one home to another, executing residents,” the organization said in a statement. The motive behind the attack remains unclear, but Zamfara State has long been plague...

Lights Out: Massive Blackout Cripples Spain And Portugal, Sparks Days Of Chaos

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Power has been restored to tens of millions across Spain and Portugal following a massive blackout, but transportation disruptions are expected to linger as authorities scramble to determine the cause of one of the largest power failures in recent European history. The outage, which struck on Monday, plunged nearly the entire Iberian Peninsula and parts of southern France into darkness, shutting down businesses, stalling elevators, disabling traffic lights, and wreaking havoc on roads and airports. Both Spain and Portugal remain under states of emergency. According to Spanish Prime Minister Pedro Sánchez, the grid operator reported a sudden loss of 15 gigawatts of electricity in just five seconds—about 60% of Spain's total power demand at the time. Experts warn it could take weeks to fully understand what triggered the electrical meltdown. By Tuesday morning, 99% of power had been restored in Spain, but the transport minister warned that many trains, including the high-speed AVE...