Warner Bros board rejects Paramount bid; America’s oil blockade in Venezuela, and more

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  This is the world in brief from The Economist.

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  Warner Bros.

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  Discovery's board rejected a hostile $108 billion takeover bid from Paramount,

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  warning shareholders that it imposed significant risks.

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  Warner cast doubt over how Paramount planned to pay for its offer, citing, quote,

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  gaps, loopholes and limitations, in documents provided to it by the streaming giant.

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  It recommended accepting a merger offer from Netflix instead,

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  which is battling paramount full control of the movie maker.

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  Claudia Scheinbaum, Mexico's president, urged the United Nations,

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  quote, to prevent any bloodshed in Venezuela after Donald Trump ordered a,

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  quote, complete blockade of oil tankers under sanctions entering or leaving the country.

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  Venezuela is surrounded by the largest armada in South America's history, according to Mr Trump.

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  Nicolas Maduro's autocratic regime is reliant on money from oil exports.

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  In a bellicose speech to his defence ministry, Vladimir Putin, Russia's president,

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