Egypt Hosts Israeli-Palestinian Talks in Push for Calm
Sunday, March 19, 2023 5:05 am | < 1 Minute Read
A view of Sharm el-Sheikh, Egypt. (REUTERS/Thaier Al-Sudani/File Photo)
CAIRO (Reuters) – Egypt hosts Israeli and Palestinian officials on Sunday in the resort city of Sharm el-Sheikh in a U.S.- and Jordanian-backed effort to calm a surge of violence across Israel, ahead of the Muslim month of Ramadan. The five-way meeting follows a Feb. 26 U.S.-brokered summit in Jordan, the first of its kind in years, that secured Israeli and Palestinian pledges to de-escalate but was challenged by factions on both sides and failed to halt violence on the ground. The meeting in Sharm el-Sheikh “aims to support dialogue between the Palestinian and Israeli sides to work to stop unilateral actions and escalation, and break the existing cycle of violence and achieve calm,” a statement from Egypt’s Foreign Ministry said. This could “facilitate the creation of a climate suitable for the resumption of the peace process”, it added. The Muslim month of Ramadan starts in late March. In previous years, clashes have erupted between Israeli police and Palestinians around the Al Aqsa mosque at the height of Ramadan. To Read The Full Story

Egypt Hosts Israeli-Palestinian Talks in Push for Calm

Published 4 minutes ago
The push mode on Overwatch 2's objective roster can seem daunting, yet these tips are sure to grant gamers that sweet victory. Debuting with the launch of Overwatch 2 is the brand-new game mode 'Push', a distance-sensitve objective in which teams must escort a barrier-pushing robot to the enemy's spawn. Albeit a rather tedious and dreaded mission type, there is still room to learn the ins and outs of this controversial mode. 6 Communicate
Like any other competitive title, Overwatch 2 's challenging matches require one key aspect in order to win, communication. Without pinging enemies that are flanking, ordering the team to group up together, and most notably asking for support in the form of healing, dedicated teams will crumble under the opposition's pressure, rendering them helpless against a heavily coordinated team. Although the Push mode is a new addition to the beloved franchise, communication among teammates is not, as this should be a stricken attribute every team has, regardless of the objective at hand. With an enhanced availability to pursue flanking routes, narrower fighting spaces when fierce teams collide in the center, and countless opportunities to be shot at from positions of high ground, some argue that communication has never been more important than on the Push objective. 5 Stick With The Robot
Similar to the Escort objective fan know and love, it is easy for players to stray away from the goal at hand, most commonly due to team fights, overextending too deep into enemy lines, or simply chasing up on loose stranglers that got away. However, much like the Payload, the new TS-1 Robot needs committed gamers in its proximity in order to move forward and push the barrier. As previously mentioned, Overwatch 2's newly instated mode is a distance-sensitive one, meaning fans of the frivolous franchise must ensure they are prioritizing pushing the TS-1 Robot as far as possible over anything else. While the temptation is there to focus on eliminating enemies, players will soon find themselves climbing the competitive ladder in no time if they solely zoned in on chauffeuring the barrier-pushing machine. 4 Utilize The Robot For Cover
While many may think they could find better options on the battleground, the TS-1 Robot actually provides one of the most useful pieces of cover the contentious mode has to offer, especially throughout the more open areas of the map. Not only is this futuristic piece of machinery immensely tall, but the barrier in which it pushes is significantly wide, offering up a large blockade against incoming damage. Seeing as there are many nooks and crannies among the three Push maps , gamers are spoiled for choice when it comes to shielding themselves from the enemy's line of sight, yet the TS-1 Robot acts as a consistent piece of shelter that grants cover throughout the entirety of the match, making it a necessity for defense when colliding with the enemy team. 3 Track Enemy Ultimates
There are certain tactics that set the higher ranks apart from the lower ranks, one of which is tracking the enemy's ultimate abilities. More often than not, players tend to skip their kill cams once they have been relinquished back to their spawn, however, what they might not realize is that they can see the enemy's ultimate ability charge , allowing them to communicate with their teammates to prepare and play accordingly. Having the upper hand in an Overwatch 2 match is everything, so knowing which enemy will soon have, or already does have their ultimate ability could be the deciding factor between a jubilant victory or a crushing defeat. With that said, gamers should be on the lookout for this game-changing ability in order to delegate whether to play in a more offensive of defensive manner. 2 Utilize High Ground
Synonymous with both cramped and open areas to fight in are the three maps within the Push mode pool, being that of Esperança, New Queens Street, and Colosseo, however, a similarity that all of these locations share is their abundance of high ground. Mainly beneficial for the DPS (Damage Per Second) and Support roles, these positions of high ground offer up a clear overview and line of sight of the battlefield, also often including an easy escape route. Utilizing this elevated position not only puts players at an advantage in terms of height, but also increases the enemy's difficulty in terms of fighting back, as they must look up instead of focusing on the objective at hand. Typically, situating one DPS on a position of high ground places great strain on the enemy's ability to push the TS-1 Robot, allowing the player's team to swoop up some easy picks on the lower level. 1 Utilize Flank Routes
Facing a team head on can already seem like a challenging bid to begin with, yet having enemies run rings around a team's Support players in the back lines totally deteriorates their overall coordination. With countless routes at hand, flanking has never been easier than on the controversial Push mode, allowing DPS heroes such as Sombra and Tracer, Tank heroes such as Wrecking Ball and Doomfist, and Support heroes such as Lucio and Moira to take their enemy's by absolute surprise. Since the main objective is to push the TS-1 Robot forward, it can be quite confusing for the enemy team when they have to fight with their backs to the mobile machine, discombobulating and tarnishing their plans of action. If executed correctly, fans of the renowned franchise will be able to go undetected behind their opposition, rendering them hopeless and distracted, while their comrades secure the victory.

Overwatch 2: Tips For Push Mode

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HOBART, AUSTRALIA - APRIL 01: In this handout image provided by the Australian Defence Force, Royal Australian Navy submarine HMAS Sheean arrives for a logistics port visit on April 1, 2021 in Hobart, Australia. Australia, the United States and the United Kingdom have announced a new strategic defence partnership - known as AUKUS - to build a class of nuclear-propelled submarines and work together in the Indo-Pacific region. The new submarines will replace the Royal Australian Navy's existing Collins submarine fleet. (Photo by LSIS Leo Baumgartner/Australian Defence Force via Getty Images) Photographer: Handout/Getty Images AsiaPac                        , Photographer: Handout/Getty Images AsiaPac
(Bloomberg) -- Australia has embarked on a diplomatic campaign to ease regional concerns over its acquisition of a fleet of nuclear submarines under the Aukus agreement, as Malaysia warned against potentially unleashing an “arms race” in the Asia-Pacific. Prime Minister Anthony Albanese will visit Fiji on Wednesday for his first meeting with newly-elected leader Sitiveni Rabuka. Australian Chief of Navy Mark Hammond is also expected to travel to Singapore and Indonesia to brief the nations’ leaders on the Aukus plan that was unveiled in the US on Monday. The Aukus security deal — Australia, the UK and US — is part of a broader drive by Washington and its allies to boost their military assets in the Asia-Pacific region. The Biden administration is aiming to send a signal to China that the US will respond to Beijing’s push to reclaim land and build military installations on disputed islands and atolls across the South China Sea. Albanese attended the announcement in San Diego on Monday alongside President Joe Biden and Prime Minister Rishi Sunak, ending 18 months of speculation about Australia’s nuclear submarine fleet following the signing of Aukus in September 2021. In the lead-up to the ceremony, Albanese and his leadership team, including Foreign Minister Penny Wong, made more than 60 calls to regional leaders to brief them on the plan, including Indian Prime Minister Narendra Modi. Initial reactions were mixed to Australia’s plan to purchase up to five US Virginia-class nuclear submarines starting from 2032, followed by a new fleet based on a UK-design to be ready from the early 2040s. In a statement late Tuesday, Malaysia’s Ministry of Foreign Affairs said while it appreciated the transparency from the Aukus partners, it maintained its previously critical position on the agreement. The ministry said it was important for all countries to refrain “from any provocation that could potentially trigger an arms race or affect peace and security in the region.”
Meanwhile, Indonesia’s Ministry of Foreign Affairs said on Twitter it had been “closely following” the announcement on Australia’s plans for a fleet of nuclear submarines. “Maintaining peace and stability in the region is the responsibility of all countries. It is critical for all countries to be a part of this effort,” the ministry said, reiterating that it expected Australia to comply with its non-proliferation treaty obligations. US Assistant Secretary of State Daniel Kritenbrink traveled to Kuala Lumpur and Jakarta last week to reassure Malaysia and Indonesia over the Aukus accord. Chinese Foreign Ministry spokesman Wang Wenbin said the submarine deal would “exacerbate” a regional arms race. Speaking at his regular press conference in Beijing on Tuesday, Wang said the Aukus partners had “totally disregarded the concerns of the international community and gone further down the wrong and dangerous path.”
Foreign Minister Wong said Wednesday that Australia was providing a briefing on the Aukus announcement to the diplomatic corps and that she understands a Chinese representative will attend. ©2023 Bloomberg L.P.

Australia’s Diplomatic Push on Subs Runs Into Neighbors’ Worries

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The logo of Zalando SE at the online retailer's headquarters in Berlin, Germany, on Thursday, Feb. 9, 2023. Berlin’s new tech recruits are being told to take any apartment they can get as the city's housing crunch means startups in Berlin have lost an important edge, putting them on similar footing to rivals in London, Paris and Silicon Valley. Photographer: Krisztian Bocsi/Bloomberg                        , Bloomberg
(Bloomberg) -- Zalando SE’s 2022 earnings beat analyst estimates as the German online fashion retailer’s new focus on profitability boosted the results. The Berlin-based e-commerce platform reported adjusted earnings before interest and taxes of €184.6 million ($197 million) last year, it said in a statement Tuesday. That compares to the average estimates of €158.1 million among analysts surveyed by Bloomberg. The company, which sells a mix of its own-brand and third-party apparel, has been taking steps to improve its margins as online retailers struggle with inflation and rising rates. Zalando in February announced job cuts, joining a growing number of tech firms to resort to lay offs. “The challenges of 2022 demanded us to be laser-focused on profitable growth and we acted quickly and decisively with measures that improved margins such as the introduction of minimum order values,” Chief Financial Officer Sandra Dembeck said in the statement. Adjusted EBIT this year is seen in the range of €280 million to €350 million, Zalando said. That compares with analyst estimates of €279 million adjusted operating income. The guidance is the first indication of how its efforts to control costs may impact earnings in 2023. Zalando has focused more on profitability as high inflation and people returning to stores following the Covid-19 pandemic hurt online retail sales. Its UK rival Asos Plc also recently announced a plan to cut costs and streamline its business, prioritizing profitability over growth. Key Insights
Gross merchandise value, which is a measure of how much customers spend on the platform, grew 3% to €14.8 billion. GMV is expected to grow between 1% and 7% this year. Revenue is seen in a range of -1% to 4% compared with 2022. Zalando’s annual revenue fell 0.1% to €10.34 billion, compared to analyst estimates of €10.36 billion. The average basket size was €56.70 in 2022, down 10 cents from a year earlier. The number of active customers in 2022 grew 6% to more than 51 million. Market Insights
Of 32 analysts surveyed by Bloomberg, 19 rate the stock as Buy, 11 Hold, 2 Sell
Shares have gained 18% so far this year as of close on Monday in Frankfurt. That compares to a 21% increase in the Stoxx 600 Retail Index. Get More
Zalando Restructuring Could Lift Profit Outlook: FY Preview
(Updates with GMV in Key Insights section. A previous version of this story corrected EBIT figure.) ©2023 Bloomberg L.P.

Zalando’s 2022 Earnings Beat Estimates in Profitability Push

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