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...
Leaders of Türkiye, Italy and Libya met in Istanbul on Friday, pledging deeper cooperation on energy, migration and regional stability.
Turkish President Recep Tayyip Erdoğan hosted Italian Prime Minister Giorgia Meloni and Libyan Prime Minister Abdulhamid Dbeibeh in Istanbul for the Türkiye-Italy-Libya Cooperation Summit, which focused on growing regional challenges and coordination across the Mediterranean.
According to Türkiye’s Communications Directorate, President Erdoğan stressed the need for sustainable, long-term solutions to irregular migration, underlining that root causes must be addressed through coordinated multilateral efforts. The summit concluded with an agreement to reconvene after committee-level meetings to review progress and maintain momentum.
Türkiye and Libya’s June 2025 energy deal was highlighted as a key pillar of trilateral cooperation. The agreement involves 10,000 kilometres of seismic exploration across four offshore zones, with Türkiye providing technical expertise and Italy expected to play a key role through infrastructure such as the Greenstream pipeline.
Libya’s role as the main departure point for irregular migration to Europe also featured heavily in discussions. Italy has recorded more than 21,000 arrivals from Libya in 2025 so far — an 80 percent increase over the previous year. Leaders agreed on the need for coordinated humanitarian and security responses to manage the growing crisis.
Cooperation between NATO allies Türkiye and Italy has expanded in recent years. In early 2025, Turkish drone producer Baykar and Italy’s Leonardo signed a defence cooperation agreement, a signal of strengthening industrial and military ties.
The summit reaffirmed support for a UN-led political process in Libya. Türkiye and Italy have both publicly backed a Libyan-owned roadmap to unify the country and hold long-delayed elections. Libya remains split between administrations in Tripoli and Benghazi, with repeated diplomatic setbacks over the past years.
Türkiye’s involvement in Libya dates back to its 2019 agreements with the Tripoli government and subsequent military support against eastern commander Khalifa Haftar. That intervention helped stabilise western Libya and facilitated the formation of the current unity government.
Friday’s meeting is part of Türkiye’s wider diplomatic strategy in the Mediterranean, focused on energy, defence, and managing migration.
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.
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