target

RSF drones target Sudan’s Khartoum in fourth day of sustained attacks | News

Explosions were heard in the vicinity of Khartoum International Airport amid uncertainty over its reopening.

The paramilitary Rapid Support Forces (RSF) have targeted Sudan’s capital Khartoum and its main airport with drones for a fourth consecutive day, as the government-aligned Sudanese Armed Forces (SAF) attempts to resume air traffic after regaining control of the city several months ago.

Drones and surface-to-air missiles were heard above the capital in the early hours of Friday morning, residents living close to the Khartoum International Airport told Al Jazeera, before loud explosions went off.

Recommended Stories

list of 3 itemsend of list

It is unclear whether the capital’s main airport was successfully hit and the extent of the damage.

The attack marks the fourth consecutive day of attacks that began on Tuesday, a day before the airport was scheduled to become operational after at least two years of war.

A single plane operated by the local Badr Airlines landed on Wednesday, before an airport official told AFP on condition of anonymity that the airport’s reopening has been postponed “under further notice” because of incoming attacks.

Al Jazeera’s Hiba Morgan, reporting from Khartoum, said that “despite authorities saying that operations are scheduled to start on October 26, there are concerns that this will not happen”.

The war, which started in April 2023, has killed tens of thousands of people, displaced about 12 million more and left 30 million people in need of humanitarian assistance, making it the world’s largest humanitarian crisis.

Return to Khartoum

The Sudanese military retook the capital from the paramilitary force in March. Since then, residents have been tentatively returning to their homes, often to find them destroyed.

Alfatih Bashir’s house in Omdurman, which he built using all his savings, has collapsed ceilings and damaged walls. “I built it when I was working abroad,” Bashir told Al Jazeera, adding that now he did not posses the necessary funds to repair the damage.

“I’m not working, I’m just sitting idly with my wife and two children. We sometimes barely have enough to eat. How can I even start to rebuild?” he said.

Authorities are still assessing how many houses have been damaged in the conflict, but the scars of the battle between the military and the RSF are visible across the capital.

Another resident, Afaf Khamed, said she fainted when she saw the extent of the damage.

“This house is where we were born, where all our family members got married. I now live here with my sister, and we can’t rebuild because we don’t have anyone to help us,” she told Al Jazeera.

The collapse of the local currency makes reconstruction an impossible feat even for those who have retained a job during the war. While salaries have remained stable, the Sudanese pound spiked from 600 pounds to the US dollar in April 2023, when the conflict started, to 3,500 pounds.

Goods are also hard to come by in the war-torn country, hampering reconstruction. Shop owner Mohammed Ali said materials take too long to arrive because of security checks, and that makes them more expensive. As a consequence, “fewer and fewer people are coming to buy building materials”, he said.

Sudan’s government has pledged to rebuild the capital, but its focus as so far has been on state institutions, while residents are left to figure out how to rebuild on their own.

Source link

A look at the U.S. military’s unusually large force in the Caribbean Sea

The U.S. military has built up an unusually large force in the Caribbean Sea and the waters off the coast of Venezuela since this summer, when the Trump administration first began to shift assets to the region as part of its so-called war against narcoterrorism.

Here is a look at the ships, planes and troops in the region:

Ships

The Navy has eight warships in the region — three destroyers, three amphibious assault ships, a cruiser and a smaller littoral combat ship that’s designed for coastal waters.

The three amphibious assault ships make up an amphibious readiness group and carry an expeditionary unit of Marines. As a result, those ships also have on board a variety of Marine helicopters, Osprey tilt rotor aircraft and Harrier jets that have the capability of either transporting large numbers of Marines or striking targets on land and sea.

While officials have not offered specific numbers, destroyers and cruisers typically deploy with a missile loadout that contains Tomahawk cruise missiles — a missile that can strike hundreds of miles from its launch point.

A U.S. Navy submarine, the USS Newport News, also is operating in the broader area of South America and is capable of carrying and launching cruise missiles.

Planes and drones

A squadron of advanced U.S. Marine Corps F-35B Lightning II jets have been sent to an airstrip in Puerto Rico. The planes were first spotted landing on the island territory in mid-September.

MQ-9 Reaper Air Force drones, capable of flying long distances and carrying up to eight laser-guided missiles, also have been spotted operating out of Puerto Rico by commercial satellites and military watchers, as well as photojournalists, around the same time.

It has been widely reported that the Navy is operating P-8 Poseidon maritime patrol aircraft out of the region as well.

Earlier this month, the military released a photo of an U.S. Air Force AC-130J Ghostrider, a heavily armed plane capable of firing its large guns with precision onto ground targets, also sitting on the tarmac in Puerto Rico.

There have been a multitude of other military aircraft that have temporarily flown through the region as part of military operations there.

For example, the U.S. Air Force flew a group of B-52 Stratofortress bombers through the region last week for what the Pentagon dubbed as a “bomber attack demo” in photos online.

Troops

All told, there are more than 6,000 sailors and Marines that are now operating in the region based on the ships that have been confirmed by defense officials.

The Pentagon has not offered specific numbers on how many drones, aircraft or ground crew are in the region so their impact on that broader figure is unknown.

Toropin writes for the Associated Press.



Source link

Should You Buy Target Stock Before Nov. 19?

The company reports its latest earnings numbers next month, and investor expectations are likely low.

There hasn’t been much of a reason for investors to be excited about Target (TGT 0.80%) stock this year. The company’s financials have been underwhelming, and with the business heavily dependent on discretionary spending for its growth, there hasn’t been much hope that things will get better anytime soon, given the state of the economy.

This year, the stock is down more than 30% as it has continued to hit new lows on the way down. But it offers a high-yielding dividend of 5.2% and with an incredibly low valuation, it could make for an intriguing contrarian play. With earnings coming up on Nov. 19, should you consider taking a chance on the retail stock before it posts its latest numbers? 

A person shopping for food in a retail store.

Image source: Getty Images.

Will the upcoming quarter be more of the same for Target?

To say things haven’t been going well for Target in recent years is an understatement. Sales have been sluggish and the company has been struggling to generate any kind of growth whatsoever. Consumers have been tightening up their budgets and spending less on discretionary purchases as concerns about tariffs and the economy as a whole have been affecting many retailers.

TGT Revenue (Quarterly YoY Growth) Chart

TGT Revenue (Quarterly YoY Growth) data by YCharts

In the company’s most recent quarter, which ended on Aug. 2, its net sales were down by a little less than 1%, totaling $25.2 billion. And what was even more problematic is that with expenses rising, Target’s net earnings fell by a whopping 22%, to $935 million.

The worry is that retailers haven’t felt the full impact of tariffs just yet, which could mean more bad news for Target’s business in the future. But in a way, that bearish outlook could work to the stock’s advantage.

Expectations appear low for Target

Target’s stock has been in a prolonged tailspin this year. And if the company doesn’t give investors much reason for optimism in its upcoming earnings report, it could be on track for an even worse year than in 2022, when the stock market crashed and its shares plummeted by 36%.

The retail stock trades at a lowly 10 times its trailing earnings, and even when factoring in analyst expectations, its forward price-to-earnings multiple is not much higher at 11. There’s plenty of bearishness priced into the stock, which could make it easier for Target not to disappoint investors; any bit of positive news could give this beaten-down stock some much-needed life.

The bar is definitely low given the discount Target trades at, and it hasn’t been this cheap in years.

I wouldn’t buy Target’s stock just yet

Target is a good long-term buy and I believe it can recover. But it’s also undergoing a change in CEO, macroeconomic conditions are far from ideal for its business, and there’s been a flurry of negativity around the stock this year. Given all those factors, I don’t see a reprieve coming just yet, as the economy is still on shaky ground and there’s little reason to expect a turnaround at this stage.

If you’re a long-term investor, you may want to consider taking a position in the stock, but only if you’re prepared for a turbulent ride and are willing to wait for at least a couple of years for economic conditions to improve.

The safer option is to wait and see what the company’s strategy looks like under its new CEO, Michael Fiddelke, who takes over in February and to reevaluate the stock at that point. With so much uncertainty around the business, there simply isn’t an overwhelming reason to buy shares of Target today. It could be a while before the business can turn things around, and in the meantime, there are better growth stocks to invest in.

David Jagielski has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Target. The Motley Fool has a disclosure policy.

Source link

Turkish lawmakers target trans people and same-sex couples in proposed reforms

Turkey’s conservative government has proposed extreme and hateful reforms targeting the LGBTQIA+ community.

On 15 October, Turkish lawmakers shared a draft of their 11th Judicial Reform Package, which includes updates to existing laws that restrict trans and queer people.

Under the proposed legislation, “any person who engages in, publicly encourages, praises, or promotes attitudes or behaviours contrary to their biological sex at birth and public morality” could face one to three years in prison, per Türkiye Today.

Another portion of legislation would reportedly make the legal age for gender reassignment surgery change from 18 to 25.

Individuals looking to have the procedure would also need to be unmarried, receive a medical board report confirming that the procedure is “psychologically necessary” from a Ministry of Health-approved hospital; obtain four separate evaluations that are spaced three months apart; and have a court order amendment to their civil registry once the aforementioned medical report is approved.

Individuals with genetic or hormonal disorders would be the only ones exempt from the proposed regulations.  

Medical professionals who perform gender affirming surgery without going through the aforementioned archaic steps could face three to seven years in prison and fines.

In addition to severely limiting trans people’s accessibility to gender affirming care, the proposed reforms target same-sex couples.

If a couple is caught having an engagement or wedding ceremony, they can face between one and a half to four years in prison.

The penalty for “public sexual acts or exhibitionism” would also increase from six months to a year to one to three years.

As for the stated purpose for introducing the hateful amendments, the document claims that it’s “to ensure the upbringing of physically and mentally healthy individuals and to protect the family institution and social structure, per Türkiye Today.

While homosexuality is not banned in Turkey, and despite the country being home to numerous LGBTQIA+ associations, homophobia is widespread and anti-discrimination laws are nonexistent.

Over the last decade, events for the community – like Pride marches and other queer-focused gatherings – have faced censorship by government authorities. The conservative country has even opted out of competing in Eurovision due to the inclusion of LGBTQIA+ contestants.

In November 2024, Turkish authorities banned the screening of Luca Guadagnino’s drama Queer at Mubi Fest Istanbul, leading the organisation to cancel the event altogether.

Source link