Browsing Tag

takeover

MP Calls Federal Takeover of South West State “Illegal” and “Dictatorial”

MOGADISHU — Member of the Federal Parliament Abdirahman Abdishakur Warsame has sharply denounced the Federal Government’s decision to install an administration for South West State, calling the move an unlawful breach of both the federal and state constitutions. He said the central government has no constitutional authority to appoint an administration for a federal member state that already has its own institutions in place. Abdishakur pointed to the South West State Constitution, which requires a presidential election…

Cuba Moves to Restore Power as Trump Threatens Takeover

Cuba works to restore power after nationwide blackout Cuba began restoring electricity after a nationwide blackout, with officials saying about two-thirds of the island had power by morning as authorities investigated the cause and reported no immediate damage from a separate offshore quake. Cuba was working to bring electricity back online following a countrywide outage, the government said, without specifying the cause. As of this morning, about two-thirds of the country had power again, according to the government. There…

Trump Hints at ‘Friendly Takeover’ Option for Cuba

WASHINGTON — President Donald Trump on Thursday raised the prospect of a “friendly takeover” of Cuba, saying Secretary of State Marco Rubio is handling contacts with Havana “at a very high level,” as tensions spike and reports surface of back-channel talks with a member of the Castro family. “The Cuban government is talking with us, and they’re in a big deal of trouble,” Trump told reporters as he departed the White House for a trip to Texas. “They have no money. They have no anything right now, but they’re talking with us,…

Greenland leaders reject Trump’s hint at a U.S. takeover

Greenland leaders reject Trump’s renewed push to take control, insist island’s future is theirs to decide Sunday January 11, 2026 NUUK, Greenland — Greenland’s political leaders on Friday forcefully rejected renewed statements by U.S. President Donald Trump suggesting Washington could take control of the Arctic island, saying Greenland’s future can only be decided by its own people. In a rare joint statement, the leaders of all five parties represented in Greenland’s parliament said they opposed any form of external pressure…

Paramount launches $108.4B takeover bid for Warner Bros. Discovery, challenging Netflix

Paramount Skydance has launched a hostile $108.4 billion bid for Warner Bros Discovery, moving to upend Netflix’s newly struck agreement and escalate one of the decade’s most consequential battles for Hollywood’s crown jewels. The move arrives days after Netflix emerged from a weeks-long bidding war with a $72 billion equity deal for Warner Bros Discovery’s TV, film and streaming assets — an offer valued at $82.7 billion including debt and carrying a $5.8 billion break-up fee from Netflix. The streaming giant’s bid, already…

Trump warns Netflix’s Warner Bros. takeover could pose problems

WASHINGTON — President Donald Trump said Sunday that Netflix’s bid to acquire Warner Bros “could be a problem,” signaling he intends to weigh in on a potential $83 billion deal that has already stirred antitrust alarm across Hollywood. “I’ll be involved in that decision,” Trump told reporters as he arrived at the Kennedy Center Honors. He added that Netflix already has “a very large market share,” language likely to reverberate as federal regulators consider whether the proposed acquisition would give the streaming leader…

US unions fear Netflix’s $72B Warner Bros. takeover

Netflix’s proposed $72 billion takeover of Warner Bros Discovery has drawn sharp opposition from Hollywood unions, theatre owners and industry groups who say the deal would concentrate power, cut jobs and further weaken theatrical releases if it survives regulatory scrutiny. The deal, announced this month, would put HBO brands and the historic Warner Bros studio under Netflix’s control. Netflix, the streaming giant behind Stranger Things and Squid Game, would also gain control of marquee Warner Bros titles such as Batman…

Somali President Claims Ethiopia’s Airport Takeover Breaches National Sovereignty

President Mohamud lambasted Ethiopia for its audacious moves to dominate Somali waters, accusing Addis Ababa of aiming for military supremacy. "Ethiopia’s ambitions extend beyond acquiring a port," stated Hassan Sheikh. "Their goal is to project military muscle in the Red Sea, which is downright intolerable. They intend to not only construct a port but also establish a naval base. Both these endeavors infringe upon Somalia’s sovereignty and flout international law." Dialogue between Somalia and Ethiopia has hit a brick…