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Ferrari Skids As Wartime Disruptions Hit Deliveries
Ferrari Skids As Wartime Disruptions Hit Deliveries
Ferrari shares fell as much as 3% in Milan after first-quarter results showed stronger-than-expected profit and cash flow, but the beat was overshadowed by a plunge in deliveries in the Middle East, as the U.S.-Iran conflict disrupted shipments to one of the luxury automaker's key markets.
Ferrari's first-quarter results were broadly ahead of expectations on profit, revenue, and cash flow, but deliveries across EMEA, which includes Europe, the Middle East, and Africa, were the clear outlier.
Regional shipments fell to 1,458 units, down 14% year...
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Jul 14, 2026 / Tyler Durden
German Parliament Moves To Criminalize Denying Israel's "Right To Exist"
German Parliament Moves To Criminalize Denying Israel's "Right To Exist"
Various European initiatives and policies which criminalize "holocaust denial" have for years dominated headlines and driven immense controversy over freedom of speech and public debate.
But Germany is now taking it a big step further, with theĀ Bundesrat, Germany's upper house of parliament, having just approvedĀ a bill that would criminalize publicly denying Israel's "right to exist" or calling for its abolition.
via Reuters
If passed into law, a conviction would bring up to five years in prison, according to the proposed legal change. The...
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Mar 25, 2026 / Dave DeCamp
US Arms Control Official Refuses To Comment When Asked If Israel Has Nuclear Weapons
A senior US arms control official on Wednesday refused to comment when asked during a congressional hearing if Israel has nuclear weapons, maintaining the US government’s ambiguity over Israel’s undeclared nuclear arsenal. “I can’t comment on that specific question. I’d have to refer you to the Israelis on that,” Thomas DiNanno, the US undersecretary of […]
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Mar 23, 2026 / Jason Ditz
Israeli Troops Advance on Dam in Southwestern Syria
Since their invasion of southwestern Syria in December of 2024, Israel has intermittently raided towns and villages across the Quneitra and Daraa Governorates, but has also aimed to secure control over water sources, vital in a region primarily focused on agriculture. Monday, a unit of around 30 Israeli infantry advanced on the Ruwaihina Dam in […]
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