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☆ An Uneasy Arab-Israeli Alliance
▼ + stars: | 2024-04-18 | by ( David Leonhardt | ) www.nytimes.com time to read: +1 min

To understand the current confrontation between Iran and Israel, it helps to think about three recent phases of Middle East geopolitics. Phase 1: Before Oct. 7 of last year, Iran was arguably the most isolated power in the region. Israel, Iran’s longtime enemy, had signed a diplomatic deal during the Trump administration with Bahrain, Morocco and the U.A.E. Together, these developments pointed to the emergence of a broad alliance — among Arab countries, Israel, the U.S. and Western Europe — to check Iranian influence and aggression. Arab leaders condemned Israel, while the U.S. and other countries pressured Israeli leaders to reduce suffering in Gaza and devise an end to the war.

Persons: Biden, Iran’s, Trump Locations: Iran, Israel, East, Saudi Arabia, Bahrain, Morocco, . Iran, U.S, Europe, Gaza

☆ The New Great-Power Politics
▼ + stars: | 2024-04-12 | by ( David Leonhardt | ) www.nytimes.com time to read: +1 min

The Houthis, the Iran-backed militia that controls much of Yemen, have disrupted the global economy by firing on commercial ships traveling through the Red Sea. But the Houthis have made some exceptions: Ships from China and Russia are allowed to pass without being attacked. This policy, formalized with a diplomatic agreement last month, is the latest sign that the world has entered a new period of great power politics. On the other side are China, Russia, Iran and North Korea as well as Iran-backed groups like the Houthis. These authoritarian powers “are more and more aligned,” Jens Stoltenberg, the head of NATO, the Western alliance, told the BBC this week.

Persons: ” Jens Stoltenberg Organizations: NATO, BBC Locations: Iran, Yemen, China, Russia, United States, Japan, South Korea, Western Europe, Soviet Union, North Korea

It is the first time Moody’s has lowered Israel’s credit rating, which is used by investors to measure the riskiness of investing in a global entity or government. Moody’s downgraded Israel from A1 to A2 and said the outlook for the country’s economy was “negative.” The A2 rating nonetheless continues to carry relatively low risk, according to Moody's. Photos You Should See View All 21 ImagesStill, Israeli officials fear that the Moody’s downgrade could lead other major agencies also to downgrade Israel’s outlook. Israel’s economy bounced back after previous wars with Hamas, but the current war is much longer than any of those. Concerns about Israel’s governance, rising inflation and a worldwide slowdown in tech investments last year also weighed on the economy.

Persons: “, ” Moody’s, Moody’s, Bezalel Smotrich, ”, Benjamin Netanyahu, Michel Strawczynski, it’s, Amir Yaron, Israel –, Western Europe —, Benjamin Netanyahu's, Moody's Organizations: —, Sunday, Finance, Hebrew University, Bank of Israel, Bank of Israel Gov Locations: TEL AVIV, Israel, Gaza, Jerusalem, Western Europe

The most recent innovation has been tamer: People have banged pots whenever the president has appeared. Indeed, France’s labor unions — though representing a smaller share of the work force than elsewhere in Western Europe — have been united in their opposition, making them a redoubtable force. Jean-Luc Mélenchon, who leads the left-wing coalition NUPES, has been a central figure in the parliamentary fight against Mr. Macron, nearly bringing down his government with a no-confidence vote in March. And yet it is not France’s left that has benefited from the popular rebellion. In a situation that seems tailor-made for a resurgence of the left, how is it that, for the moment at least, it is not just the right but the far right that has benefited?

☆ Wells Fargo thinks Netflix has 20% upside from here. Here's why
▼ + stars: | 2023-03-30 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Netflix will likely see improved earnings and a continued rally as its password sharing crackdown continues, Wells Fargo said. "That said, we're confident that numbers will be moving higher as paid sharing is better understood, but it's tougher to know by how much." With these expected changes and uptake, incremental revenue should be around $1.5 billion by the 2024 fiscal year. His base case shows incremental revenue could increase by around $1.3 billion by 2024. Investors have already been excited by the potential for paid account sharing, Cahall said.

☆ Where are the safest places to travel in 2023? It depends on how you define 'safe'
▼ + stars: | 2023-01-18 | by ( Monica Pitrelli | ) www.cnbc.com time to read: +4 min

Sharjah, United Arab Emirates Dubai, United Arab Emirates Doha, Qatar Abu Dhabi, United Arab Emirates Singapore, SingaporeParis topped market research company Euromonitor International's "Top 100 City Destinations" for 2022, but the United Arab Emirates' Sharjah, shown here, ranked highest in terms of health and safety. Its Travel Risk Map 2023 shows that much of North America and Western Europe — as well as places like Turkey, Israel, Japan, Singapore and the United Arab Emirates — have "low" medical risks. Medical risks by country. This map does not reflect the Covid-19 outbreak currently occurring in China, said Dr. Irene Lai, medical director at International SOS. Safest places: security risksInternational SOS's Travel Risk Map also assesses security risks, which include crime as well as political violence such as terrorism and war, social unrest and susceptibility to natural disasters, according to the company.

Search resuls for: "Western Europe —"

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