Latest news with #10
The Guardian
24 minutes ago
- Politics
- The Guardian
Starmer hopes his ‘pathway to peace' will end war in Gaza. History suggests he may struggle
The former British prime minister Harold Macmillan once said that there was no problem in the Middle East because a problem has a solution. Keir Starmer is the latest incumbent in No 10 to try to prove Macmillan wrong through a plan that has been described by Downing Street as 'pathway to peace' for Gaza and the wider region. The record of Britain's previous interventions do not augur well. The famous commitment drafted by the then British foreign secretary Sir Arthur James Balfour, to 'view with favour the establishment of a national home for the Jewish people', was integrated into Britain's UN mandate over Palestine between 1923 and 1948 and paved the way for the birth of Israel. But the declaration contained a key qualification: nothing should be done to prejudice the 'civil and religious rights' of Palestine's 'existing non-Jewish communities'. Britain afforded Israel de facto recognition on 30 January 1949, in the last stages of the first Arab-Israeli war, and de jure recognition on 27 April 1950. For many Palestinians, the second part of the Balfour promise is yet to be made good. In the Arab nationalism of the Egyptian president Gamal Abdel Nasser, Britain saw a destabilising force that might subvert pro-western states such as Jordan. For Israel, Nasser was a threat for allowing Palestinian militants permission to launch attacks against it from the Gaza Strip, then controlled by Egypt. Matters were brought to a head when Egypt nationalised the Suez Canal Company on 26 July 1956. Under a secret agreement, Israel agreed to attack Sinai, the Egyptian peninsula between its western border and the canal. British and French forces would then intervene to 'separate the combatants', seizing control of the canal zone. The Anglo-French element was a debacle. The Israeli part of the plan went well. Israeli forces captured Sinai in its entirety, destroying three Egyptian divisions. From then on Israel was considered to be a major fighting force by the west. Britain exported arms to it from the 1960s in the belief that a strong Israel would reduce the chance of further war in the region. In the aftermath of the six-day war in 1967 between Israel and a coalition of Arab states, primarily Egypt, Syria and Jordan, Britain played a key role in drafting United Nations security council resolution 242. It embodies the principle that has guided most of the peace plans that have followed – the exchange of land for peace. The resolution called for the 'withdrawal of Israeli armed forces from territories occupied in the recent conflict', such as Gaza, the West Bank and East Jerusalem, as well as 'respect for and acknowldgement of the sovereignty, territorial integrity and political independence of every state in the area and their right to live in peace within secure and recognised boundaries free from threats or acts of force'. It would come to be criticised for being vague and for its depiction of the Palestinian people as lacking national rights, describing their cause as the 'refugee problem'. Britain's role as a key mediator was overtaken by the US when President Jimmy Carter brought the Egyptian leader, Anwar Sadat, and the Israeli prime minister, Menachem Begin, together at Camp David. The plan sought to set up a 'self-governing authority' in the West Bank and Gaza, leading to eventual 'final status' talks. The European and British perspective was voiced in the Venice declaration of 1980 issued by the then European Economic Community. 'The Palestinian people … must be placed in a position, by an appropriate process defined within the framework of the comprehensive peace settlement, to exercise fully its right to self-determination,' it said. It further added that the Palestine Liberation Organisation must be involved. This was controversial as the PLO was at this stage calling for Israel's destruction. It prompted criticism from the US. But even under the solidly pro-Israel leadership of Margaret Thatcher and John Major, British policy was to avoid straying too far from the European consensus. Major in 1995 became the first western leader to meet Yasser Arafat inside the Palestinian Authority area which had been created through the Oslo accords overseen by the US president, Bill Clinton. The second intifada, an uprising which raged from 2000 to 2004, took place after Arafat did not agree to the terms of the two-state proposals tabled by the-then Israeli prime minister, Ehud Barak, and Clinton. The intifada overlapped with the 'war on terror' that followed the 9/11 attacks. Tony Blair used his close relationship with the US president George W Bush to issue the 2003 roadmap peace plan that would resolve all issues in the Israeli-Palestinian conflict by 2005 through implementation of a two-state solution. It failed. After leaving Downing Street, Blair was appointed as the envoy of the Quartet on the Middle East. The quartet consisted of the UN, the EU, the US and Russia. Blair sought to develop the Palestinian economy and improve governance but struggled to make headway. He resigned after nearly eight years in the role, with Palestinians criticising what they saw as his closeness to Israel. Britain's policy under the succeeding prime ministers – Gordon Brown, David Cameron, Theresa May, Boris Johnson, Liz Truss and Rishi Sunak – has been criticised for reciting the mantra that a two-state solution is the only way forward without expending energy or political capital on the goal.
Yahoo
7 hours ago
- Business
- Yahoo
Why Boeing (BA) Stock Is Falling Today
What Happened? Shares of aerospace and defense company Boeing (NYSE:BA) fell 3.8% in the afternoon session as investors focused on production delays and potential labor disputes despite reporting better-than-expected second-quarter revenue and a smaller loss. The company posted quarterly revenue of $22.7 billion and a core loss per share of $1.24, both beating analyst forecasts. However, positive sentiment was tempered by significant headwinds. Boeing announced that the certification for its new 777-9 and 737 MAX 7 and 10 models was delayed until 2026, a notable setback. Adding to investor concerns, workers rejected a new contract, raising the possibility of strikes that could disrupt production. These developments overshadowed the improved jet delivery numbers, as analysts had already been revising their earnings expectations downward prior to the report. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Boeing? Access our full analysis report here, it's free. What Is The Market Telling Us Boeing's shares are not very volatile and have only had 9 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 4 months ago when the stock dropped 10.1% on the news that China imposed a 34% tariff on all U.S. imports amid escalating trade war tensions. This was partly in response to the "reciprocal tariffs" announced by the Trump administration the previous day, with levies on Chinese goods estimated to be as high as 50%. Already facing increased competition from domestic aircraft manufacturers, Boeing risked becoming even less competitive. Also, China has historically been a significant source of demand for Boeing's commercial aircraft, and the new tariffs could delay or derail future orders. For investors, this development raised concerns about Boeing's ability to regain momentum in a market essential to its growth. Boeing is up 32.1% since the beginning of the year, and at $227.05 per share, it is trading close to its 52-week high of $236.41 from July 2025. Investors who bought $1,000 worth of Boeing's shares 5 years ago would now be looking at an investment worth $1,368. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
9 hours ago
- Entertainment
- Forbes
‘Happy Gilmore 2' Dominates Netflix Global Top 10 Movies Chart In Debut
"Happy Gilmore 2" stars Adam Sandler in the title role. Adam Sandler has gone to a 'Happy Place' with a massive debut of Happy Gilmore 2 on Netflix's Top 10 Global Movies chart. The sequel to the 1996 comedy classic debuted on Netflix on July 25. And while the film was only available to Netflix viewers for three days in the chart period, the film still topped worldwide viewership for all films on the platform from July 21-27. According to Netflix TUDUM, Happy Gilmore 2 had 46.7 million views during the most recent chart period, which equates to 91.9 million hours viewed. In addition, Happy Gilmore 2 was the No. 1 movie on Netflix in 47 countries, including the U.S. and Canada, and made the Top 10 in 88 countries worldwide. The logline for Happy Gilmore 2 reads, 'Happy Gilmore isn't done with golf — not by a long shot. Adam Sandler's short-fused legend swings for a comeback to make his kid's dream come true.' In addition to Sandler, Happy Gilmore 2 features the return of Julie Bowen as Virginia Venit and Christopher McDonald as Happy's rival, Shooter McGavin. Happy Gilmore 2 also stars Ben Stiller, Benito Antonio Martínez Ocasio (aka Bad Bunny), Benny Safdie, Hayley Joel Osment, Sunny Sandler, Sadie Sandler, Jackie Sandler and John Daly, and features several cameo appearances from the worlds of screen, music and professional golf. In addition to Happy Gilmore 2, the original Happy Gilmore film is also a big hit on Netflix's Global Top 10 list. The original film debuted at No. 6 on the streamer's global chart for the week of July 14-20 with 4 million views, which equates to 6.2 million hours viewed. In addition to the Netflix Global Top 10 Movies chart, Happy Gilmore also made the top 10 movies list in 10 countries, including the U.S. and Canada. For the week of July 21-27, Happy Gilmore was No. 3 on the global chart with 11.4 million views, which equates to 17.5 million viewing hours. This is a developing story. Please refresh this page for updated information.
Reuters
14 hours ago
- Business
- Reuters
Boeing's quarterly loss shrinks as jet deliveries rebound, but shares drop
July 29 (Reuters) - Boeing's (BA.N), opens new tab quarterly loss more than halved and was much smaller than analysts expected as the U.S. planemaker ramped up jet deliveries, recovering from a regulatory crisis and a major strike that halted most production last year. Boeing shares dropped 2% in early trading. The results highlighted Boeing's efforts to cautiously increase monthly output this year, following years of quality issues and production delays on its flagship 737 MAX. Increased deliveries mark a pivotal step in Boeing's effort to rebound from years of production disruptions and crises that piled on debt, increasing the urgency of accelerating output to restore financial stability. Boeing's financial improvements were tempered by its announcement that certification of the new 777-9 and 737 MAX 7 and 10 models will not happen until 2026, another setback for those programs. The company previously said it expected to finish certification by the end of this year. The company is still developing solutions to address several lingering issues stalling certification, Boeing CEO Kelly Ortberg told CNBC. During the interview, he praised President Donald Trump's aggressive use of tariffs to hammer out trade deals. "I like the way this tariff situation is playing out," Ortberg told CNBC. "It's good for our business, is good for aerospace, and will create jobs in the United States." The planemaker posted an adjusted core loss per share of $1.24 for the quarter through June, compared with a $2.90 loss a year ago. Analysts had expected a loss of $1.48 per share. The planemaker's free cash flow usage, a key metric for Wall Street, was better than expected, signaling an improving cash position. "As we continue to execute our Safety & Quality Plan, there's more stability in our operations," Ortberg said in a letter to Boeing employees. In May, the company produced 38 737s and production has been stable since then, according to the company. The U.S. Federal Aviation Administration capped the production of Boeing's best-selling 737 MAX jets following a mid-air panel blowout in a nearly new jet in January 2024. "We plan to seek FAA approval to increase to rate 42 when our key performance indicators (KPIs) show that we're ready," Ortberg added. Boeing delivered 206 737 MAX jets through the first half of the year, compared to 135 a year earlier. Across all commercial jet programs, it delivered 285 airliners through June, compared to 175 during the same period in 2024. Wall Street closely tracks aircraft deliveries because planemakers collect much of their payment when they hand over jets to customers. Boeing also increased 787 production at its plant in Charleston, South Carolina, from five aircraft a month to seven. Through the first half of the year, the planemaker booked 668 orders, or 625 net orders after cancellations and conversions. It reported free cash flow usage of $200 million for the second quarter, compared with analysts' expectations of $1.72 billion, according to data compiled by LSEG. Boeing burned $2.3 billion in free cash during the previous quarter and $4.33 billion during the second quarter of 2024. Its defense, space, and security business earned an operating profit of $110 million, compared with a loss of $913 million a year ago. Revenue for the quarter rose 35% to $22.75 billion, beating analysts' estimates of $21.84 billion.
Yahoo
a day ago
- Entertainment
- Yahoo
What time is ‘Bachelor in Paradise' on tonight? How to watch Episode 5, who's left and more
Are you ready to hit the beach? Bachelor in Paradise is back on the beach for Season 10 of the steamy summer Bachelor spinoff. After taking a break last year, the franchise's fun and flirty summer series has returned with some new twists. This time around, we aren't just getting fan favorites from The Bachelor and The Bachelorette; we're also getting more time with some of the Golden Bachelor contestants. Bachelor Nation has also teased that this season will introduce new 'challenges' — and I don't think they just mean navigating the age gap in the contestant pool! So far in the season, we've seen the arrival of the Goldens, the messy faux-triangle of Justin, Lexi and Susie and a May-December friendship between April and Jonathan. It seems like tonight's episode will take things to a whole new level with all the contestants facing "relationship challenges" and the heightened stakes of half a million dollars on the table for the strongest couple that comes out of paradise. Are you ready to watch? Here's everything you need to know about how to keep up with the action on the beach in Costa Rica during Bachelor in Paradise this week. What time ison tonight? Tonight, Episode 5 of Bachelor in Paradise Season 10 will air at 8 p.m. ET. New episodes are dropping weekly every Monday all summer long and will be available to stream on Hulu the day after they air. BIP Season 10 couples: As it currently stands, here's who is coupled up on Bachelor in Paradise Season 10. Spencer and Jess Dale and Kat Jeremy and Bailey Brian and Parisa Natascha and Gary Leslie and Kim Kathy and Keith Jill and Sean April and Jonathon Where to watch live without cable: Can you watch Bachelor in Paradise online? Do you need ABC to watch Bachelor in Paradise live? Where is Bachelor in Paradise streaming? Don't worry, we've got you covered. While the decade-plus-old franchise may have been on the air long before people started cutting their cable cords, there are plenty of ways to watch the crossover Bachelor spinoff in 2025. To watch new episodes of Bachelor in Paradise live on Monday nights, you'll need access to ABC. You can tune into the network with the help of a digital antenna (in select areas) or with a live-TV streaming subscription such as DirecTV or Hulu's live-TV tier. If you don't mind waiting an extra day, you can stream new episodes of Bachelor in Paradise the morning after they air with Hulu's most basic, ad-supported tier — just stay away from spoilers! Season 10 cast: From and Alexe Godin (The Bachelor 29) Alli Jo Hinkes (The Bachelor 29) Andrew Spencer (The Bachelorette 17 and Bachelor in Paradise 8) Bailey Brown (The Bachelor 29) Brian Autz (The Bachelorette 21) Dale Moss (The Bachelorette 16) Hakeem Moulton (The Bachelorette 21) Jill Chin (The Bachelor 26, Bachelor in Paradise 8) Jonathon Johnson (The Bachelorette 21) Jeremy Simon (The Bachelorette 21) Jess Edwards (The Bachelor 28) Justin Glaze (The Bachelorette 17 and Bachelor in Paradise 8) Kyle Howard (The Bachelorette 17) Lea Cayanan (After the Final Rose audience member) Lexi Young (The Bachelor 28) Parisa Shifteh (The Bachelor 29) Ricky Marinez (The Bachelorette 21) Susie Evans (The Bachelor 26) Sam McKinney (The Bachelorette 21) Sean McLaughlin (The Bachelorette 20, Bachelor in Paradise 9) Spencer Conley (The Bachelorette 21) Zoe McGrady (The Bachelor 29) From and April Kirkwood (The Golden Bachelor 1) Charles 'CK' King (Golden Bachelorette 1) Faith Martin (The Golden Bachelor 1) Gary Levingston (Golden Bachelorette 1) Jack Lencioni (Golden Bachelorette 1) Kim Buike (Golden Bachelorette 1) Keith Gordon (Golden Bachelorette 1) Kathy Swarts (The Golden Bachelor 1) Leslie Fhima (The Golden Bachelor 1) Natascha Hardee (The Golden Bachelor 1) Nancy Hulkower (The Golden Bachelor 1) Ralph 'RJ' Johnson (Golden Bachelorette 1) What is In past seasons, Bachelor in Paradise has gathered past competitors from both The Bachelor and The Bachelorette and brought them to a beach house in paradise — this year, that paradise is Costa Rica. There, contestants are free to mingle and fall in love as they please. This season, contestants won't just be pulled from The Bachelor and The Bachelorette, but also from the franchise's Golden spinoffs: The Golden Bachelor and The Golden Bachelorette. More ways to watch Bachelor in Paradise:
