Netflix misses Q3 earnings targets amid Brazil tax dispute
Netflix (NFLX) missed Wall Street third-quarter earnings targets due to an unexpected expense from a dispute with Brazilian tax authorities, though it...
El Salvador’s ruling New Ideas party passed a bill on Thursday that reforms the country’s election system, allowing President Nayib Bukele to run for unlimited terms, extending each term from five to six years, and removing the need for run-off elections.
This change comes after the Supreme Court, packed with Bukele supporters, ruled in 2021 that his re-election was a human right despite constitutional bans.
The bill, which passed 57-3 ahead of Congress’s recess, also shortens the current presidential term to align upcoming elections in 2027, synchronizing presidential, legislative, and municipal votes, a move likely to benefit Bukele’s party across the board.
Lawmaker Ana Figueroa, who proposed the bill, framed it as empowering voters to decide how long to support elected officials.
"This is quite simple, El Salvador: only you will have the power to decide how long you wish to support the work of any public official, including your president," she said.
However, opposition lawmakers warned the changes threaten democracy by enabling one-party dominance.
"Today, democracy has died in El Salvador," said legislator Marcela Villatoro of the opposition Republican National Alliance (ARENA).
Bukele remains popular due to his tough anti-gang policies that have sharply reduced homicide rates, though human rights groups have criticized his methods for targeting innocents.
Cristosal, a human rights organization, recently left the country, condemning the reforms as a step toward authoritarianism.
Noah Bullock, Cristosal’s executive director, said, “They changed the political system to allow the president to perpetuate himself in power indefinitely and we continue to follow the well-traveled path of autocrats.”
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
President Donald Trump rejected a request from leading Democratic lawmakers to meet until the three-week-old U.S. government shutdown is brought to an end on Tuesday.
A Colombian court has overturned former President Álvaro Uribe’s convictions for fraud and bribery, halting a years-long legal saga that had made him the country’s first ex-leader to face criminal sentencing.
A Jan. 6 rioter who was pardoned by President Donald Trump has been charged with making terroristic threats after allegedly sending text messages that threatened to kill House Democratic Leader Hakeem Jeffries, according to a felony complaint filed in New York state court.
Netflix (NFLX) missed Wall Street third-quarter earnings targets due to an unexpected expense from a dispute with Brazilian tax authorities, though it offered a slightly stronger-than-expected forecast for the rest of the year.
Uzbekistan and Saudi Arabia have strengthened their strategic economic partnership with new projects in the capital’s development plan, including the construction of the ‘Riyadh Quarter’ in New Tashkent and the launch of a new international airport.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment