In an assessment of Elon Musk’s social media platform X formerly known as Twitter investment firm Fidelity estimates the company’s worth has plummeted by nearly 80% since Musk acquired it for $44 billion in October 2022. Current evaluations place the platform’s value at approximately $9.4 billion. Fidelity disclosed that, as of the end of August, its stake in X was valued at just $4.2 million, reflecting a significant 24% decline…

An unexploded US bomb from World War II that had been buried at Miyazaki Airport in southwestern Japan exploded Wednesday, causing a large crater in a taxiway and the cancellation of more than 80 flights. Announcing the incident, Land and Transport Ministry officials said there were no aircraft nearby when the bomb exploded and that there were no injuries. It further said an investigation by the Self-Defence Forces and police…

London – Defence experts have warned that Britain’s armed forces are currently incapable of protecting Israel from large-scale ballistic missile attacks launched by Iran. This stark assessment comes in the wake of Iran’s unprecedented barrage of nearly 200 long-range missiles fired at Israel, marking its most significant assault to date. The Royal Air Force’s (RAF) Typhoon jet fighters, while formidable, reportedly lack the necessary weaponry to effectively counter such an…

President Joe Biden has indicated that the United States will support Israel’s response to Iran’s recent missile strike, but has cautioned that any retaliation must be “proportionate”. Speaking on Wednesday, as G7 leaders prepared to impose fresh sanctions on Tehran, Mr Biden, emphasized that while Israel has the right to defend itself, the U.S. would not endorse any strike on Iran’s nuclear facilities. The president’s remarks followed reports that Israel’s…

Vice-Presidential candidates, Republican Senator, JD Vance and the Democrat governor of Minnesota, Tim Walz have held their first and only debate on CBS News with just over a month to go until the United States election. The pair sparred on policies including immigration, abortion, and gun ownership as well as the escalating Middle East conflict. Here is the transcript of the solitary meeting between the two men who hope to…

As the world looks on in horror after Iran’s Islamic Revolutionary Guards Corps’ missile attack on Israel, a development many fear could trigger an all-out war between the regional archenemies, some world leaders have urged de-escalation of further aggression, calling instead for urgent resolution of the decades-long intractable problems. New Daily Prime News has gathered some reactions from notable world leaders from official statements and postings on social media. Read…

As she takes her oath of office as the 66th president of Mexico today, Claudia Sheinbaum is making history as Mexico’s first female president, marking a significant milestone in the country’s history. She also makes history as the first president of Jewish heritage in the overwhelmingly Roman Catholic country. As she leads the world’s largest Spanish-speaking nation, this achievement is especially remarkable in Latin America, where Mexico has traditionally been…

President Joe Biden stated on Tuesday, October 1, that the United States is “fully supportive” of Israel in light of recent ballistic missile attacks from Iran, which he described as “defeated and ineffective.” Biden indicated that he would be discussing potential responses to Iran with Israeli Prime Minister Benjamin Netanyahu, though he noted that the specifics of that response are still under consideration. “The attack appears to have been neutralized…

In a fresh onslaught, Iran on Tuesday launched at least 180 missiles into Israel in a perennial conflict that is pushing the Middle East closer toward a region-wide war. According to AFP, the orange glow of missiles streaked across Israel’s night sky as air raid sirens sounded and residents scrambled into bomb shelters. Expectedly, Israel has vowed to retaliate against the attack, which it said had caused only a few…

The world of cycling has been struck by tragedy with the passing of 18-year-old Swiss cyclist Muriel Furrer, following a devastating crash during the junior road race at the 2024 Road and Para-cycling World Championships in Zurich. Furrer, who had a promising future in the sport, suffered a severe head injury during Thursday’s race and was immediately airlifted to the hospital, where she tragically succumbed to her injuries. The Union…

In the continuation of its attack on Lebanon, the Israel Defence Forces (IDF) have eliminated yet another senior Hezbollah member, with the killing of intelligence array terrorist, Hassan Khalil Yassin. According to a report by the Jerusalem Post, the IDF took out Yassin in a precision strike in the Dahieh district in Beirut on Saturday. The IDF statement said, “Yassin stood at the head of a department responsible for the…

Beirut, Lebanon- Prime Minister Najib Mikati has raised alarms over the escalating humanitarian crisis in Lebanon, revealing that recent Israeli attacks may have displaced up to one million people. This alarming figure represents roughly one-sixth of Lebanon’s total population and marks the country’s worst displacement crisis in decades. The situation has intensified following the death of Hezbollah leader Hassan Nasrallah, which has exacerbated fears of further regional instability. In his…