11/3/23, 8:55 AM Gmail - The World in Brief: Biden calls for “pause” in Gaza

Colin Malinak <colinmalinak@gmail.com>

The World in Brief: Biden calls for “pause” in Gaza

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The Economist <noreply@e.economist.com> Thu, Nov 2, 2023 at 7:07 PM

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NOVEMBER 2ND 2023

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The World in Brief

Catch up quickly on the global stories that matter

Simon Long
Senior digital editor

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11/3/23, 8:55 AM Gmail - The World in Brief: Biden calls for “pause” in Gaza

Good morning. Joe Biden called for a pause in Israel’s attacks on

Hamas in Gaza, to help people escape. Egypt says it will accept up to
7,000 foreigners and dual nationals. Elsewhere, thousands of Afghans
queued to leave Pakistan as a deadline for the departure of
undocumented migrants expired.

Thanks to those of you who have already sent us your thoughts on the
redesign of this newsletter. To those that haven’t, we’d love to hear
from you at worldinbrief@economist.com.

Today’s top stories

Egypt said it would evacuate “about 7,000” foreigners and dual
nationals from Gaza, but still refuses to accept a large influx of
Palestinian refugees. Around 400 foreigners and wounded
Palestinians have already crossed into Egypt. On Wednesday
President Joe Biden called for a “pause” in fighting in Gaza in
order to “get the prisoners out”. Israel launched a second air
strike in two days on the crowded Jabalia refugee camp in north
Gaza. Hamas said that at least 195 Palestinians were killed in
the attacks. The Israel Defense Forces claimed to have killed a
Hamas commander in each strike.

More than 165,000 Afghans fled Pakistan as a deadline for

undocumented migrants to leave the country lapsed on
Wednesday, according to Pakistani officials. Around 1.7m
migrants Afghans were thought to live in the country without the
right papers. About 28,000 people were still queuing to cross the
border in the north-western province of Khyber Pakhtunkhwa on
Thursday.

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11/3/23, 8:55 AM Gmail - The World in Brief: Biden calls for “pause” in Gaza

Disney agreed to buy Comcast’s 33% stake in Hulu, a

streaming service. The world’s biggest media company already
owns 67% of Hulu and wants to integrate the platform’s 48.3m
subscribers into Disney+, its own streaming operation. Disney
said it expects to pay $8.6bn for Comcast’s stake. But Comcast’s
chief executive recently suggested it was worth more than
double that. Price negotiations are expected to conclude in 2024.

Kishida Fumio, Japan’s prime minister, announced a ¥17trn

($113bn) stimulus package to boost growth and help people hit
by rising inflation. The government will cut taxes and introduce
subsidies to reduce fuel and utility bills. Mr Kishida’s approval
rating is at 33%, the lowest level since he took office two years
ago.

Novo Nordisk, a Danish drugmaker, reported record sales of

58.7bn kroner ($8.3bn) in the third quarter, up 29% from the
same period last year. Its operating profits also rose 33% from
the third quarter of 2022. Novo Nordisk has struggled to meet
demand for Wegovy, a weight-loss drug it produces. Ozempic, a
diabetes drug made by the company, has also been used “off
label” for weight loss.

General Valery Zaluzhny, commander-in-chief of Ukraine’s

armed forces, admitted that “there will most likely be no deep
and beautiful breakthrough” in the stalemate with Russia. In an
interview with The Economist General Zaluzhny also lamented
the slow delivery of arms from the West, but said that new
technologies and methods of warfare, not simply more weapons,
would be the key to victory. Five months into its counter-
offensive, Ukraine has advanced by just 17km.

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