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The World in Brief from The Economist

Netflix drops bid for Warner Bros; Afghanistan attacks Pakistan, and more

The World in Brief from The Economist

The Economist

Daily News, Global News, News, News & Politics

4.11.2K Ratings

🗓️ 27 February 2026

⏱️ 5 minutes

🧾️ Download transcript

Summary

Paramount was poised to secure a deal to buy Warner Bros Discovery, a bigger rival film studio, after Netflix declined to sweeten its bid.

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Transcript

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0:00.0

Hello, you're listening to the free edition of the world in brief from The Economist.

0:11.2

As a reminder, if you subscribe to The Economist, you'll get access to a deeper look at the day ahead, updated three times a day.

0:20.1

If you're already an Economist subscriber,

0:22.6

visit Economist.com slash espresso or visit our espresso app to start listening. Here's today's

0:29.5

free edition.

0:35.0

This is the World in brief from The Economist.

0:41.7

Our top stories.

0:44.5

Paramount was poised to secure a deal to buy Warner Brothers Discovery, a bigger rival film studio,

0:51.3

after Netflix declined to sweeten its bid.

0:57.1

Warner said Paramount's revised offer,

1:02.9

which upped its per share price for the whole company, was better than the one it had earlier accepted from Netflix. The streaming giant's decision ends a months-long bidding war. The deal

1:09.8

must be cleared by regulators.

1:13.7

Afghanistan launched, quote, large-scale offensive operations along its border with Pakistan.

1:20.5

The Taliban said the strikes were in retaliation against Pakistani attacks on Afghanistan on Sunday.

1:28.0

Pakistan said those strikes targeted groups responsible for several deadly attacks on its territory,

1:34.6

including a suicide bombing in Islamabad, the capital, that killed at least 36 people.

1:41.6

The average 30-year mortgage rate in America fell below 6% for the first time since

1:48.1

2022. Borrowing costs have been gradually declining since the middle of 2025. Inflation has

1:56.6

slowed and the Federal Reserve cut interest rates three times in the second half of last year.

2:02.6

Lower mortgage rates could heat up America's housing market,

2:06.4

although their recent drop has not spurred home buying.

2:11.1

Nuclear negotiations between America and Iran concluded in Geneva.

...

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