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Feb 27, 2026
Cross-border strikes between Pakistan and Taliban-held Afghan territory and what the escalation could mean. A major studio bidding showdown as Paramount Skydance moves to acquire Warner assets after Netflix steps back. Scrutiny of U.S. Border Patrol after a Rohingya refugee released in Buffalo was later found dead, alongside a poll showing Americans souring on the economy.
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Pakistan Escalates Cross Border Strikes
- Pakistan launched large air and ground strikes into Kabul and other Afghan sectors overnight, marking the biggest escalation since 2021.
- Officials say Pakistan targeted Taliban posts, headquarters and ammunition depots along the 1,600 km border amid accusations the Taliban harboured militants attacking Pakistan.
Accusations Fuel Pakistan Afghanistan Tensions
- Pakistan accuses the Taliban of providing sanctuary to militants attacking Pakistan since the Taliban took power in 2021.
- The Taliban denies harbouring militants, framing current strikes as part of escalating cross-border tensions.
Paramount Skydance Secures Warner Brothers Deal
- Paramount Skydance won the takeover battle for Warner Brothers with a $31 per share offer and deal terms to reassure closing.
- Paramount agreed to a $7 billion breakup fee if regulators block the deal, a ticking fee per quarter and backing from billionaire Larry Ellison.