AFRICAN UNION CALLS FOR 'URGENT DE-ESCALATION' AFTER US, ISRAEL LAUNCH ATTACK ON IRAN. (PHOTO).

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 African Union calls for 'urgent de-escalation' after US, Israel launch attack on Iran The African Union urged cooler heads to prevail on Saturday after the United States and Israel launched strikes against Iran, warning that conflict could risk harming people on the continent. The pan-African body's head, Mahamoud Ali Youssouf called "for restraint, urgent de-escalation and sustained dialogue". "Further escalation risks worsening global instability, with serious implications for energy markets, food security, and economic resilience -- particularly in Africa, where conflict and economic pressures remain acute." The strikes come amid escalating tensions over Iran’s nuclear programme amid talks with the United States. Witnesses reported a powerful explosion in Iran’s capital, Tehran, with thick smoke rising, while the Iranian government has yet to comment, Reuters news agency reports. Explosions also heard in Isfahan, Qom, Karaj and Kermanshah, according ...
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TRUMP MEDIA EXPLORES SPINNING OFF TRUTH SOCIAL INTO INDEPENDENT, PUBLICLY TRADED COMPANY. (PHOTO).

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Trump Media explores spinning off Truth Social into independent, publicly traded company

Trump Media & Technology Group announced Friday that it is exploring a plan to spin off Truth Social, President Donald Trump’s favored social media platform, into a standalone publicly traded company.

The potential move would follow the closing of Trump Media’s merger with TAE Technologies, with shares of the parent company, trading under the ticker DJT, rising more than 1% in premarket trading on Friday. The spin-off would bring Truth Social greater visibility in the public markets, highlighting the platform where Trump often shares policy announcements, military updates, and even previews of federal economic data. Under the proposal, shares of the new Truth Social company would be distributed to existing Trump Media shareholders, with the platform set to merge with blank-check company Texas Ventures Acquisition III Corp.


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