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Indian pacer Arshdeep Singh has been nominated for the ICC Men's T20I Cricketer of the Year award following a stellar season in which he emerged as the joint highest wicket-taker and played a pivotal role in India's T20 World Cup triumph. The 25-year-old will compete for the prestigious honour alongside Pakistan's Babar Azam , Australia's Travis Head , and Zimbabwe's Sikandar Raza , all of whom are among the standout performers this year. ET Year-end Special Reads What kept India's stock market investors on toes in 2024? India's car race: How far EVs went in 2024 Investing in 2025: Six wealth management trends to watch out for Singh, a left-arm pacer, was a key figure in India's T20 World Cup victory in Barbados. He finished the year as the joint highest wicket-taker in T20Is, with 36 wickets in 18 matches at an impressive average of 13.5. His tally was the second-highest by an Indian pacer in T20Is in a calendar year, just behind Bhuvneshwar Kumar's 37 wickets in 2022. Singh claimed 17 wickets in the T20 World Cup, tying with Afghanistan's Fazalhaq Farooqi for the most wickets in the tournament. His most memorable moment came in the final, where he dismissed key players Aiden Markram and Quinton de Kock early, derailing South Africa's chase of 177. In the high-pressure 19th over, he conceded just four runs, increasing the required run rate and setting the stage for India's victory. Artificial Intelligence(AI) Java Programming with ChatGPT: Learn using Generative AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Basics of Generative AI: Unveiling Tomorrows Innovations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Generative AI for Dynamic Java Web Applications with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Mastering C++ Fundamentals with Generative AI: A Hands-On By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Performance Marketing for eCommerce Brands By - Zafer Mukeri, Founder- Inara Marketers View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance A2Z Of Money By - elearnmarkets, Financial Education by StockEdge View Program Marketing Modern Marketing Masterclass by Seth Godin By - Seth Godin, Former dot com Business Executive and Best Selling Author View Program Astrology Vastu Shastra Course By - Sachenkumar Rai, Vastu Shashtri View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd. View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Artificial Intelligence(AI) AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Mastering Full Stack Development: From Frontend to Backend Excellence By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator View Program Data Science SQL Server Bootcamp 2024: Transform from Beginner to Pro By - Metla Sudha Sekhar, IT Specialist and Developer View Program The winners of the ICC Awards 2024 will be announced in late January 2025. (You can now subscribe to our Economic Times WhatsApp channel )Sabres get power-play goals from Zucker and Thompson in 4-2 win over the Blues
Tottenham January transfer briefing: who are they after, what do they need and who might leave?Jimmy Carter: A brief bioEntertainment is no longer just about having fun; it’s about an experience that brings joy, excitement, and discovery together. With the rise of immersive destinations, places like stand out as hubs that combine thrilling attractions, relaxation, and endless exploration opportunities. This guide uncovers the unique benefits of Entertainment City, showing how it has become the ultimate destination for individuals and families alike. A Perfect Fusion of Fun and Adventure One of the most notable aspects of Entertainment City is its ability to cater to diverse interests. Whether you’re a fan of adrenaline-pumping activities or intimate cultural experiences, Entertainment City has it all under one roof. Thrilling Attractions: Entertainment City hosts an array of adventurous activities and rides designed for those seeking excitement. From fast-paced roller coasters to unique simulators, every corner of the venue offers a chance to get your pulse racing. Immersive Experiences: Interactive zones, virtual reality setups, and creative exhibits allow visitors to step into new realities, offering life-like adventures while exploring the limits of imagination. Fun for All Ages: Entertainment City is a place where boundaries blur between age groups. With dedicated areas for kids, as well as high-thrill experiences for adults, it offers memorable moments for visitors of all ages. Socially Engaging Spaces Entertainment City isn’t just a place for personal enjoyment; it’s also designed to bring people together. Community Connections: Shared experiences like group activities, workshops, and contests create opportunities to bond and make new friendships. Event Spaces: Entertainment City features versatile venues for concerts, live performances, and events, enabling attendees to enjoy the thrill of entertainment as a collective experience. Relaxation Spots: Beautifully designed cafes and lounges provide the perfect respite for those looking to relax and unwind after a full day of exploring. It’s a chance to slow down and enjoy the vibrant atmosphere around you while sipping a refreshing drink. Educational Opportunities Embedded in Entertainment While focusing on fun, Entertainment City also stands out by incorporating learning opportunities across its various attractions. Interactive Learning Zones: Hands-on exhibits provide an educational twist to traditional entertainment. Visitors, especially children, can explore science, history, and innovation in captivating ways. Workshops and Classes: Entertainment City offers regular workshops and activities to inspire creativity, learning, and skill development for all age groups. Cultural Insights: From art showcases to themed festivals, Entertainment City celebrates cultures from around the world, making every visit both fun and informative. Staying Current with Trends Another factor that makes Entertainment City unique is its commitment to offering trending and innovative experiences. Seasonal Attractions: Entertainment City regularly refreshes its offerings by introducing seasonal activities and programs to keep things new and exciting for its visitors. Advanced Technology Integration: Virtual reality, augmented reality, and other technologies are seamlessly integrated into experiences, ensuring visitors are always exploring cutting-edge attractions. A Destination with Endless Benefits Entertainment City redefines what exploring a modern entertainment venue should feel like. Here’s a quick roundup of everything it brings to the table: Opportunities for nonstop adventure and relaxation. A hub for socially engaging activities and events. A place to learn and discover while having fun. Constantly refreshed offerings that align with the latest trends. For anyone looking to spend their leisure time discovering new horizons or simply having unforgettable moments, Entertainment City is the place to be. Offering experiences that cater to adventurers, families, and lifelong learners, it’s more than just a destination—it’s an all-encompassing universe of fun, education, and connection.The Deep Blue Sea Project and the Nigerian Navy’s efforts represent one of the most ambitious national initiatives aimed at combating piracy and maritime insecurity in the Gulf of Guinea. Since its establishment in 1956, the Nigerian Navy has evolved significantly. Initially a small force under British colonial rule, it became a national institution after Nigeria’s independence in 1960, tasked with safeguarding its coastal waters and maritime borders. From the 1960s to the 1980s, the Navy expanded its fleet, improved training, and developed naval bases to address emerging security challenges, particularly offshore oil exploration. By the 1990s, the Navy modernized its fleet and extended its operations to tackle piracy and ensure oil security, particularly in the Niger Delta. In recent years, the Deep Blue Sea Project (2019) has further modernized the Navy, integrating advanced technology like satellites, drones, and surveillance systems, alongside specialized task forces dedicated to combatting piracy and maritime crimes. The Nigerian Navy has made significant progress in combating maritime crime and piracy, particularly in the Gulf of Guinea. Its proactive approach, involving enhanced patrols, surveillance, and intelligence-sharing, has effectively intercepted pirate attacks, reduced hijackings, and rescued kidnapped crew members. Operations like Dakatar Da Barawo have been instrumental in curbing piracy in high-risk areas. Specialized units, such as the Special Boat Service (SBS), have improved the Navy’s effectiveness in securing oil and gas installations and major shipping lanes. The Navy’s collaboration with regional and international organisations like ECOWAS, the Gulf of Guinea Commission, and the IMO has improved intelligence-sharing and joint operations against piracy. The Deep Blue Sea Project has equipped the Navy with advanced technologies, such as satellite surveillance, drones, and vessel tracking systems, enhancing its Maritime Domain Awareness (MDA) and security capability. The Nigerian Navy has made significant strides in arrests and prosecutions of maritime criminals, with a record number of arrests in 2020. These efforts have led to a measurable reduction in piracy incidents, though challenges remain. Investment in specialised training for personnel has ensured that the Navy is well-prepared to respond to modern maritime threats. The leadership of the Nigerian Navy in maritime security, supported by advanced technology and strategic partnerships, has significantly reduced piracy in the Gulf of Guinea, setting a model for other nations facing similar challenges. The Deep Blue Sea Project has made Nigeria’s maritime security strategy a benchmark in the fight against maritime insecurity. The project’s integrated system combines air, sea, and land assets, offering a level of versatility not seen in traditional naval approaches. This integration allows Nigeria to respond swiftly and effectively to various maritime threats, ranging from piracy to illegal fishing and smuggling. By utilising cutting-edge technologies, including satellites, drones, and vessel tracking systems, the project provides a level of MDA that many navies, particularly those of smaller or less-resourced nations, cannot match. Unlike many other navies, which rely on limited assets, Nigeria integrates both sea-based responses with naval ships and air-based monitoring. Its ability to track vessels using real-time satellite data and drones places it ahead in effective detection and deterrence of maritime crime. The Nigerian Navy’s incorporation of high-tech surveillance equipment, such as unmanned aerial vehicles (UAVs), surveillance aircraft, and advanced tracking systems, provides it with a superior edge in combating piracy. These technologies are unparalleled in the Gulf of Guinea, where traditional naval patrols can be slow and resource-intensive. While other navies in the region may struggle with outdated equipment or lack the resources to maintain such advanced systems, the Deep Blue Sea Project ensures Nigeria’s security forces are equipped with some of the best surveillance tools available. These assets are crucial in responding to dynamic piracy tactics, such as fast-moving, smaller vessels attempting to evade traditional security measures. The Nigerian Navy has also taken a unique approach by establishing specialised task forces dedicated to counter-piracy and maritime law enforcement. These task forces, trained in advanced anti-piracy and crisis management operations, enable Nigeria to deploy specialised forces quickly in high-risk areas like the Niger Delta. Unlike other navies that may lack such specialised anti-piracy units, the Nigerian Navy focuses directly on safeguarding oil platforms, securing shipping routes, and conducting real-time counter-piracy operations. This targeted strategy has been a key factor in the Navy’s operational success, especially in the piracy-prone waters of the Gulf of Guinea. A core element of the Deep Blue Sea Project is its focus on building the capacity of Nigerian naval personnel. Through extensive training in modern maritime security techniques, including counter-piracy tactics, intelligence gathering, and emergency response, the Nigerian Navy has not only become technologically advanced but also operationally skilled. In contrast to other global navies that focus on general-purpose training, Nigeria’s counter-piracy training is tailored to address the unique challenges of its waters, ensuring personnel can respond to complex maritime threats with greater efficiency and precision. The Nigerian Navy has played a leading role in regional collaborations with organisations such as ECOWAS, the Gulf of Guinea Commission (GGC), and international partners like the IMO and the United States. This cooperation has allowed for greater intelligence sharing and joint operations, cementing Nigeria as a pivotal force in Gulf of Guinea security. Nigeria’s leadership in regional maritime security initiatives, such as the Gulf of Guinea Maritime Security Strategy, has fostered cooperation among the littoral states, which is essential to countering the transnational nature of piracy. The Nigerian Navy’s proactive measures, supported by advanced surveillance systems, have enabled it to prevent piracy attacks before they occur. This includes tracking pirate vessels prior to strikes, coordinating intelligence with regional partners, and implementing rapid response measures. Unlike some navies, which may respond reactively to piracy, Nigeria’s approach ensures swift and efficient interventions. This proactive stance, coupled with its advanced technology, has significantly improved security along one of the world’s most dangerous maritime areas. While Nigeria’s efforts under the Deep Blue Sea Project have yielded impressive results, challenges persist. Resource constraints, sophisticated piracy operations, and corruption within certain maritime institutions remain obstacles. However, these challenges are being addressed through continuous international collaboration, further investment in technology, and enhanced training programs. Despite these challenges, the Deep Blue Sea Project has proven effective in reducing piracy incidents and enhancing maritime security. Nigeria’s commitment to strengthening its naval forces and safeguarding its maritime domain is evident in the project’s success. The integration of advanced technologies, specialised task forces, and personnel training has made the project a model for other nations facing similar maritime security threats. The Deep Blue Sea Project, along with the Nigerian Navy’s comprehensive efforts, has positioned Nigeria as a global leader in combating piracy and maritime insecurity. With its cutting-edge technology, specialised forces, and robust regional collaborations, Nigeria’s maritime security strategy is among the most advanced in the world. Although challenges remain, the Deep Blue Sea Project stands as a testament to the power of a well-coordinated, technology-driven, and regionally focused naval strategy in the fight against maritime crime.
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Mark Wahlberg’s decades-long dedication to his body is well known. He’s letting everyone in on his secret for staying ripped into his fifties. The actor recently announced plans to open an expansive Las Vegas fitness facility combining serious conditioning and high-end luxury. According to the Las Vegas Review Journal, Wahlberg will partner with EoS Fitness for his new Municipal Gym, signing the lease on Nov. 1 for the 32,064-square-foot space previously occupied by Bed, Bath and Beyond. The facility is planned to open in 2026. It will take a year to prepare the space because the finished product promises to be unlike any other fitness facility, featuring cryotherapy and cold plunges, compression therapy, infrared saunas, eucalyptus steam rooms and red light therapy, among other luxury offerings. In addition, there will be retail and apparel stores, juice bars and cafes and vitamins and supplements available for purchase. Don't Miss: These five entrepreneurs are worth $223 billion – they all believe in one platform that offers a 7-9% target yield with monthly dividends Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today. “Together, with Mark, we’re building a first-of-its-kind, state-of-the-art facility,” said Municipal Gym Co-Chairman, President and CEO Manzo Hodge. “With the best equipment in the world, created with a singular mission: to inspire and equip people to be unstoppable.” A $400 Million Fortune Wahlberg, who, according to Celebrity Net Worth, has a $400 million fortune, moved to Vegas in 2022 and wasted no time in putting his business footprint on the city, opening a new restaurant in Town Square, Flecha Cantina and reportedly being a driving force behind the proposed Sony Entertainment film studio in Summerlin . Wahlberg also flipped a personal residence in Vegas, which, according to People, he purchased for $14.5 million to enable his children to attend school after leaving Los Angeles and sold it for $16.6 million barely a year later, moving into another Vegas home. That, however, is a small change compared to the other deals Wahlberg has done. See Also: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." These high-yield real estate notes that pay 7.5% – 9% make earning passive income easier than ever. $40+ Million Real Estate Profit In 2009, Wahlberg purchased a parcel of land in North Beverly Park, an exclusive gated Los Angeles community, for $8.25 million. Five years later, he completed construction on his chateau-style dream home and sold it in 2023 for $55 million. Before that, he lived in a home in Beverly Hills, which he purchased for $5 million in 2001 and sold for $13 million in 2013. Wahlberg has consistently been one of the highest-paid actors in Hollywood with hit movies, including the Transformers franchise, Ted and Planet of the Apes. He also has his own production and distribution company, Closest to the Hole Productions, which has produced many of his films, such as Deepwater Horizon, Patriots Day, Spenser Confidential and Mile 22. He has also executive produced TV shows such as HBO’s Ballers, Boardwalk Empire and Entourage. Wahlberg has leveraged his star power in many different business ventures outside the movie industry. These include: Trending: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." These high-yield real estate notes that pay 7.5% – 9% make earning passive income easier than ever. Fitness and Nutrition Municipal isn’t the actor’s only foray into fitness . According to a 2022 Reuters article, he is a 1.73% investor in the F45 Training chain of gyms, which had 1,700 studios and 3,300 franchises in 67 countries and went public in 2021 with a valuation of about $1.4 billion. Since then, the brand has been through a few ups and downs, closed some locations and opened others, got a new CEO, Tom Dowd and, according to athletechnews.com, plans to move into HIIT training, Pilates and ancillary services like recovery, nutrition and weight loss, including some of the sectors that Wahlberg is targeting with his Municipal Gym in Vegas such as infrared sauna and cold plunge stations. Wahlberg also invested in Aquahydrate, a brand of electrolyte water, with the currently embattled Sean “Diddy” Combs in 2019. According to Forbes, they both invested $20 million. There is no word on whether the actor is still associated with the brand. He has also been associated with the sports nutrition company Performance Inspired and still appears on the company website as a cofounder. The company sells products such as protein powders and supplements. Trending: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things. Car Dealership Wahlberg owns several car dealerships under the moniker Mark Wahlberg Chevrolet in Ohio with business partner/car dealer Jay Feldman. “I’ve had a love for all makes of cars, especially American-made cars,” Wahlberg, who worked in an auto body shop as a teen, told autobodynews.com of his Chevrolet endorsements. Fast Food Mark owns the Wahlburgers fast food chain with his brothers, actor/singer Donnie and chef Paul. The chain currently has 90 branches worldwide. Clothing Wahlberg founded the clothing line Municipal in 2020 alongside his manager, Stephen Levinson and golf industry guru Harry Arnett. The name also ties in with the name of his Vegas gym. When the brand was launched, he told Rolling Stone, “We wanted to create stuff that looked cool, that fit and felt great, stuff that you could wear to work, you could wear to work out and wear out at night. We wanted to create something that was a great value proposition to the every guy and gal who’s out there working hard to be the best version of themselves, you know?” It’s a wonder Wahlberg still gets time to make movies, given all his business ventures. However, according to screenrant.com, he has a full slate of upcoming releases in 2025, including Flight Risk, Play Dirty, The Six Billion Dollar Man, Balls Up and Unchartered 2. Read Next: Commercial real estate has historically outperformed the stock market, and this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today! During market downturns, investors are learning that unlike equities, these high-yield real estate notes that pay 7.5% – 9% are protected by resilient assets, buffering against losses. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom and state lawmakers returned to the state Capitol on Monday to begin a special session to protect the state's progressive policies ahead of another Trump presidency. The Democratic governor, a fierce critic of President-elect Donald Trump, is positioning California to once again be the center of a resistance effort against the conservative agenda. He is asking his Democratic allies in the Legislature, who hold supermajorities in both chambers, to approve additional funding to the attorney general's office to prepare for a robust legal fight against anticipated federal challenges. Democratic Assemblymember Jesse Gabriel on Monday introduced legislation to set aside $25 million for legal fees to respond to potential attacks by the Trump administration on state policies regarding civil rights, climate change, immigration and abortion access. “While we always hope to collaborate with our federal partners, California will be ready to vigorously defend our interests and values from any unlawful action by the incoming Trump Administration,” Gabriel said in a statement. California sued the first Trump administration more than 120 times to various levels of success. “We’re not going to be caught flat-footed,” Newsom said at a recent news conference. Trump often depicts California as representing all he sees wrong in America. Democrats, which hold every statewide office in California and have commanding margins in the Legislature and congressional delegation, outnumber registered Republicans by nearly 2-to-1 statewide. Trump called the Democratic governor “Newscum” during a campaign stop in Southern California and has relentlessly lambasted the Democratic stronghold over its large number of immigrants in the U.S. illegally, homeless population and thicket of regulations. Trump also waded into a water rights battle over the endangered delta smelt , a tiny fish that has pitted environmentalists against farmers and threatened to withhold federal aid to a state increasingly under threat from wildfires. He also vowed to follow through with his campaign promise of carrying out the mass deportation of immigrants without legal status and prosecuting his political enemies. Before the special session began, state lawmakers swore in more than two dozen new members and elect leaders for the 2025 legislative session. Lawmakers voted to convene the special session largely along party lines. “This special session is about sticking up for Californians and for California values,” said state Sen. Scott Wiener, a Democrat representing San Francisco. “It is about ensuring that the president of the United States and his administration actually follow the law.” Hundreds of people also demonstrated around the Capitol on Monday to urge the Legislature to try to stop Trump's mass deportation plans . They carried banners that said “Not one cent for mass deportation” and “MAGA out of California.” “With the results of the presidential election, we need our state elected officials to use every tool and every resource they have available to them to protect our immigrant Californians,” protester Deborah Lee said. State Attorney General Rob Bonta said his office will protect the state’s immigration population, while Newsom last week unveiled a proposal to revive a rebate program for electric vehicle purchases if the incoming Trump administration eliminates a federal tax credit for people who buy electric cars. Newsom is also considering creating a backup disaster relief fund for the wildfire-prone state after Trump’s threats. Bonta announced legislation Monday aimed at bolstering reproductive rights in the state, including by allowing the attorney general to seek monetary penalties against local governments that infringe on those rights. The proposals are part of the state's efforts to safeguard against threats to abortion access after the U.S. Supreme Court overturned Roe v. Wade . Republican lawmakers blasted Newsom and his Democratic allies over the special session. State Sen. Kelly Seyarto, a Republican representing Murrieta in Southern California, said the special session proposal would make California have a more adversarial relationship with the federal government. “What we’re doing today is sending that exact message — that we are going to fight tooth and nail for everything. And you know what? That means they’re going to fight us tooth and nail for everything,” Seyarto said of the incoming Trump administration if the legislation gets approved. Legislators also are expected to spend the year discussing ways to protect dozens of laws expected to be targeted by the Trump administration, including one that has made the state a sanctuary for people seeking abortions who live in states where such practices have been severely limited. California, the nation’s most populous state, was the first to mandate that by 2035 all new cars , pickup trucks and SUVs sold in California be electric, hydrogen-powered or plug-in hybrids. The state also extends state-funded health care to all low-income residents regardless of their immigration status. Newsom hasn't provided details about what actions the lawmakers will consider but said he wanted funding in place before Trump's inauguration day, Jan. 20. The state spent roughly $42 million in litigation costs during the first Trump administration, officials said. California is projected to face a $2 billion budget deficit next year, with bigger shortfalls ahead. Gabriel, who sued the first Trump administration in 2017 when it tried to end a program to shield young immigrants from being deported, said lining up the funding now is “a wise investment." California successfully clawed back $57 million between 2017 and 2018 after prevailing in a lawsuit to block the Trump administration from putting immigration enforcement conditions on certain federal law enforcement grants. Another legal victory over the citizenship question in the 2020 census forced the federal government to return $850,000 to the state, according to the attorney general's office. During Trump’s first presidency, Democratic attorneys general banded together to file lawsuits over immigration, Trump’s travel ban for residents of Muslim countries, the environment, immigration and other topics. But Trump has one possible advantage this time around: He was aggressive in nominating conservative jurists to federal courts at all levels, including the Supreme Court. Associated Press journalists Haven Daley and Sophie Austin contributed to this report.
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Short Interest in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Expands By 117.2%By BILL BARROW, Associated Press ATLANTA (AP) — Jimmy Carter, the peanut farmer who won the presidency in the wake of the Watergate scandal and Vietnam War, endured humbling defeat after one tumultuous term and then redefined life after the White House as a global humanitarian, has died. He was 100 years old. The longest-lived American president died on Sunday, more than a year after entering hospice care , at his home in the small town of Plains, Georgia, where he and his wife, Rosalynn, who died at 96 in November 2023 , spent most of their lives, The Carter Center said. Businessman, Navy officer, evangelist, politician, negotiator, author, woodworker, citizen of the world — Carter forged a path that still challenges political assumptions and stands out among the 45 men who reached the nation’s highest office. The 39th president leveraged his ambition with a keen intellect, deep religious faith and prodigious work ethic, conducting diplomatic missions into his 80s and building houses for the poor well into his 90s. “My faith demands — this is not optional — my faith demands that I do whatever I can, wherever I am, whenever I can, for as long as I can, with whatever I have to try to make a difference,” Carter once said. A moderate Democrat, Carter entered the 1976 presidential race as a little-known Georgia governor with a broad smile, outspoken Baptist mores and technocratic plans reflecting his education as an engineer. His no-frills campaign depended on public financing, and his promise not to deceive the American people resonated after Richard Nixon’s disgrace and U.S. defeat in southeast Asia. “If I ever lie to you, if I ever make a misleading statement, don’t vote for me. I would not deserve to be your president,” Carter repeated before narrowly beating Republican incumbent Gerald Ford, who had lost popularity pardoning Nixon. Carter governed amid Cold War pressures, turbulent oil markets and social upheaval over racism, women’s rights and America’s global role. His most acclaimed achievement in office was a Mideast peace deal that he brokered by keeping Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin at the bargaining table for 13 days in 1978. That Camp David experience inspired the post-presidential center where Carter would establish so much of his legacy. Yet Carter’s electoral coalition splintered under double-digit inflation, gasoline lines and the 444-day hostage crisis in Iran. His bleakest hour came when eight Americans died in a failed hostage rescue in April 1980, helping to ensure his landslide defeat to Republican Ronald Reagan. Carter acknowledged in his 2020 “White House Diary” that he could be “micromanaging” and “excessively autocratic,” complicating dealings with Congress and the federal bureaucracy. He also turned a cold shoulder to Washington’s news media and lobbyists, not fully appreciating their influence on his political fortunes. “It didn’t take us long to realize that the underestimation existed, but by that time we were not able to repair the mistake,” Carter told historians in 1982, suggesting that he had “an inherent incompatibility” with Washington insiders. Carter insisted his overall approach was sound and that he achieved his primary objectives — to “protect our nation’s security and interests peacefully” and “enhance human rights here and abroad” — even if he fell spectacularly short of a second term. Ignominious defeat, though, allowed for renewal. The Carters founded The Carter Center in 1982 as a first-of-its-kind base of operations, asserting themselves as international peacemakers and champions of democracy, public health and human rights. “I was not interested in just building a museum or storing my White House records and memorabilia,” Carter wrote in a memoir published after his 90th birthday. “I wanted a place where we could work.” That work included easing nuclear tensions in North and South Korea, helping to avert a U.S. invasion of Haiti and negotiating cease-fires in Bosnia and Sudan. By 2022, The Carter Center had declared at least 113 elections in Latin America, Asia and Africa to be free or fraudulent. Recently, the center began monitoring U.S. elections as well. Carter’s stubborn self-assuredness and even self-righteousness proved effective once he was unencumbered by the Washington order, sometimes to the point of frustrating his successors . He went “where others are not treading,” he said, to places like Ethiopia, Liberia and North Korea, where he secured the release of an American who had wandered across the border in 2010. “I can say what I like. I can meet whom I want. I can take on projects that please me and reject the ones that don’t,” Carter said. He announced an arms-reduction-for-aid deal with North Korea without clearing the details with Bill Clinton’s White House. He openly criticized President George W. Bush for the 2003 invasion of Iraq. He also criticized America’s approach to Israel with his 2006 book “Palestine: Peace Not Apartheid.” And he repeatedly countered U.S. administrations by insisting North Korea should be included in international affairs, a position that most aligned Carter with Republican President Donald Trump. Among the center’s many public health initiatives, Carter vowed to eradicate the guinea worm parasite during his lifetime, and nearly achieved it: Cases dropped from millions in the 1980s to nearly a handful. With hardhats and hammers, the Carters also built homes with Habitat for Humanity. The Nobel committee’s 2002 Peace Prize cites his “untiring effort to find peaceful solutions to international conflicts, to advance democracy and human rights, and to promote economic and social development.” Carter should have won it alongside Sadat and Begin in 1978, the chairman added. Carter accepted the recognition saying there was more work to be done. “The world is now, in many ways, a more dangerous place,” he said. “The greater ease of travel and communication has not been matched by equal understanding and mutual respect.” Carter’s globetrotting took him to remote villages where he met little “Jimmy Carters,” so named by admiring parents. But he spent most of his days in the same one-story Plains house — expanded and guarded by Secret Service agents — where they lived before he became governor. He regularly taught Sunday School lessons at Maranatha Baptist Church until his mobility declined and the coronavirus pandemic raged. Those sessions drew visitors from around the world to the small sanctuary where Carter will receive his final send-off after a state funeral at Washington’s National Cathedral. The common assessment that he was a better ex-president than president rankled Carter and his allies. His prolific post-presidency gave him a brand above politics, particularly for Americans too young to witness him in office. But Carter also lived long enough to see biographers and historians reassess his White House years more generously. His record includes the deregulation of key industries, reduction of U.S. dependence on foreign oil, cautious management of the national debt and notable legislation on the environment, education and mental health. He focused on human rights in foreign policy, pressuring dictators to release thousands of political prisoners . He acknowledged America’s historical imperialism, pardoned Vietnam War draft evaders and relinquished control of the Panama Canal. He normalized relations with China. “I am not nominating Jimmy Carter for a place on Mount Rushmore,” Stuart Eizenstat, Carter’s domestic policy director, wrote in a 2018 book. “He was not a great president” but also not the “hapless and weak” caricature voters rejected in 1980, Eizenstat said. Rather, Carter was “good and productive” and “delivered results, many of which were realized only after he left office.” Madeleine Albright, a national security staffer for Carter and Clinton’s secretary of state, wrote in Eizenstat’s forward that Carter was “consequential and successful” and expressed hope that “perceptions will continue to evolve” about his presidency. “Our country was lucky to have him as our leader,” said Albright, who died in 2022. Jonathan Alter, who penned a comprehensive Carter biography published in 2020, said in an interview that Carter should be remembered for “an epic American life” spanning from a humble start in a home with no electricity or indoor plumbing through decades on the world stage across two centuries. “He will likely go down as one of the most misunderstood and underestimated figures in American history,” Alter told The Associated Press. James Earl Carter Jr. was born Oct. 1, 1924, in Plains and spent his early years in nearby Archery. His family was a minority in the mostly Black community, decades before the civil rights movement played out at the dawn of Carter’s political career. Carter, who campaigned as a moderate on race relations but governed more progressively, talked often of the influence of his Black caregivers and playmates but also noted his advantages: His land-owning father sat atop Archery’s tenant-farming system and owned a main street grocery. His mother, Lillian , would become a staple of his political campaigns. Seeking to broaden his world beyond Plains and its population of fewer than 1,000 — then and now — Carter won an appointment to the U.S. Naval Academy, graduating in 1946. That same year he married Rosalynn Smith, another Plains native, a decision he considered more important than any he made as head of state. She shared his desire to see the world, sacrificing college to support his Navy career. Carter climbed in rank to lieutenant, but then his father was diagnosed with cancer, so the submarine officer set aside his ambitions of admiralty and moved the family back to Plains. His decision angered Rosalynn, even as she dived into the peanut business alongside her husband. Carter again failed to talk with his wife before his first run for office — he later called it “inconceivable” not to have consulted her on such major life decisions — but this time, she was on board. “My wife is much more political,” Carter told the AP in 2021. He won a state Senate seat in 1962 but wasn’t long for the General Assembly and its back-slapping, deal-cutting ways. He ran for governor in 1966 — losing to arch-segregationist Lester Maddox — and then immediately focused on the next campaign. Carter had spoken out against church segregation as a Baptist deacon and opposed racist “Dixiecrats” as a state senator. Yet as a local school board leader in the 1950s he had not pushed to end school segregation even after the Supreme Court’s Brown v. Board of Education decision, despite his private support for integration. And in 1970, Carter ran for governor again as the more conservative Democrat against Carl Sanders, a wealthy businessman Carter mocked as “Cufflinks Carl.” Sanders never forgave him for anonymous, race-baiting flyers, which Carter disavowed. Ultimately, Carter won his races by attracting both Black voters and culturally conservative whites. Once in office, he was more direct. “I say to you quite frankly that the time for racial discrimination is over,” he declared in his 1971 inaugural address, setting a new standard for Southern governors that landed him on the cover of Time magazine. His statehouse initiatives included environmental protection, boosting rural education and overhauling antiquated executive branch structures. He proclaimed Martin Luther King Jr. Day in the slain civil rights leader’s home state. And he decided, as he received presidential candidates in 1972, that they were no more talented than he was. In 1974, he ran Democrats’ national campaign arm. Then he declared his own candidacy for 1976. An Atlanta newspaper responded with the headline: “Jimmy Who?” The Carters and a “Peanut Brigade” of family members and Georgia supporters camped out in Iowa and New Hampshire, establishing both states as presidential proving grounds. His first Senate endorsement: a young first-termer from Delaware named Joe Biden. Yet it was Carter’s ability to navigate America’s complex racial and rural politics that cemented the nomination. He swept the Deep South that November, the last Democrat to do so, as many white Southerners shifted to Republicans in response to civil rights initiatives. A self-declared “born-again Christian,” Carter drew snickers by referring to Scripture in a Playboy magazine interview, saying he “had looked on many women with lust. I’ve committed adultery in my heart many times.” The remarks gave Ford a new foothold and television comedians pounced — including NBC’s new “Saturday Night Live” show. But voters weary of cynicism in politics found it endearing. Carter chose Minnesota Sen. Walter “Fritz” Mondale as his running mate on a “Grits and Fritz” ticket. In office, he elevated the vice presidency and the first lady’s office. Mondale’s governing partnership was a model for influential successors Al Gore, Dick Cheney and Biden. Rosalynn Carter was one of the most involved presidential spouses in history, welcomed into Cabinet meetings and huddles with lawmakers and top aides. The Carters presided with uncommon informality: He used his nickname “Jimmy” even when taking the oath of office, carried his own luggage and tried to silence the Marine Band’s “Hail to the Chief.” They bought their clothes off the rack. Carter wore a cardigan for a White House address, urging Americans to conserve energy by turning down their thermostats. Amy, the youngest of four children, attended District of Columbia public school. Washington’s social and media elite scorned their style. But the larger concern was that “he hated politics,” according to Eizenstat, leaving him nowhere to turn politically once economic turmoil and foreign policy challenges took their toll. Carter partially deregulated the airline, railroad and trucking industries and established the departments of Education and Energy, and the Federal Emergency Management Agency. He designated millions of acres of Alaska as national parks or wildlife refuges. He appointed a then-record number of women and nonwhite people to federal posts. He never had a Supreme Court nomination, but he elevated civil rights attorney Ruth Bader Ginsburg to the nation’s second highest court, positioning her for a promotion in 1993. He appointed Paul Volker, the Federal Reserve chairman whose policies would help the economy boom in the 1980s — after Carter left office. He built on Nixon’s opening with China, and though he tolerated autocrats in Asia, pushed Latin America from dictatorships to democracy. But he couldn’t immediately tame inflation or the related energy crisis. And then came Iran. After he admitted the exiled Shah of Iran to the U.S. for medical treatment, the American Embassy in Tehran was overrun in 1979 by followers of the Ayatollah Ruhollah Khomeini. Negotiations to free the hostages broke down repeatedly ahead of the failed rescue attempt. The same year, Carter signed SALT II, the new strategic arms treaty with Leonid Brezhnev of the Soviet Union, only to pull it back, impose trade sanctions and order a U.S. boycott of the Moscow Olympics after the Soviets invaded Afghanistan. Hoping to instill optimism, he delivered what the media dubbed his “malaise” speech, although he didn’t use that word. He declared the nation was suffering “a crisis of confidence.” By then, many Americans had lost confidence in the president, not themselves. Carter campaigned sparingly for reelection because of the hostage crisis, instead sending Rosalynn as Sen. Edward M. Kennedy challenged him for the Democratic nomination. Carter famously said he’d “kick his ass,” but was hobbled by Kennedy as Reagan rallied a broad coalition with “make America great again” appeals and asking voters whether they were “better off than you were four years ago.” Reagan further capitalized on Carter’s lecturing tone, eviscerating him in their lone fall debate with the quip: “There you go again.” Carter lost all but six states and Republicans rolled to a new Senate majority. Carter successfully negotiated the hostages’ freedom after the election, but in one final, bitter turn of events, Tehran waited until hours after Carter left office to let them walk free. At 56, Carter returned to Georgia with “no idea what I would do with the rest of my life.” Four decades after launching The Carter Center, he still talked of unfinished business. “I thought when we got into politics we would have resolved everything,” Carter told the AP in 2021. “But it’s turned out to be much more long-lasting and insidious than I had thought it was. I think in general, the world itself is much more divided than in previous years.” Still, he affirmed what he said when he underwent treatment for a cancer diagnosis in his 10th decade of life. “I’m perfectly at ease with whatever comes,” he said in 2015 . “I’ve had a wonderful life. I’ve had thousands of friends, I’ve had an exciting, adventurous and gratifying existence.” ___ Former Associated Press journalist Alex Sanz contributed to this report.Much of the discussion following Donald Trump’s US presidential victory has focused on the potential for higher US rates and a stronger US dollar, amid lower global trade volumes, which is likely to produce a tough environment for EMFX. However, despite the external headwinds and global macro uncertainty, the fundamental picture for many EM sovereigns has shifted more positive, with reforms being successfully implemented and balance sheets strengthened despite the significant twin shocks of Covid and the war in Ukraine in recent years. This should help to keep EM sovereign credit markets well supported, despite relatively expensive valuations in terms of tight credit spreads. *Azerbaijan IIP is estimate of sovereign net foreign assets (FX reserves and SOFAZ assets, net of government external debt). Source: National Sources, IMF, World Bank, Brookings, Bruegel, Macrobond, ING; IMF WEO data for 2024 used for Economy & Fiscal variables, External Balance Sheet data is latest available. This trend has started to be reflected by improvements in sovereign credit ratings, with the trend of net downgrades seen from 2020 to 2022 shifting to net upgrades, first in 2023 and looking even more positive this year. This is true for all three largest rating agencies – Moody’s, S&P and Fitch, where upgrades outnumber downgrades for EM sovereigns this year. Significant upgrades have included Turkey (multiple times), Qatar, Egypt, Ivory Coast, Brazil, Argentina, Azerbaijan, Kazakhstan, Serbia, Croatia, Montenegro, Albania, Pakistan, and Mongolia. When looking ahead, an even more encouraging signal is the shift in the balance of outlooks to positive (more positive than negative rating outlooks), highlighting the potential for further upgrades over the next 12 months. By this measure, both Fitch and S&P’s rating outlook balances are hovering near their most positive level for the past decade, with a negative skew seen for much of this historical period. Of particular interest for investors is likely to be the transition from High Yield (HY) to Investment Grade (IG) ratings as a potential technical trigger for strong performance, with potential ‘rising star’ candidates within the EM universe including the BB+ rated Azerbaijan, Oman, Serbia, and Morocco. This dynamic of narrowing the gap in fundamentals between the BB-tier of EM sovereigns and the BBB-tier (where ratings momentum is broadly heading the opposite way, in a more negative direction) is starting to play out in the market, with a compression in the spread differential between the two tiers. Indeed, on a country level, some of these upgrade candidates (Oman, Serbia in particular) are already trading at tighter spread levels than higher rated peers, with market-implied ratings nearer BBB, although we expect a further short-term bounce if the composite rating (average of three major agencies) eventually reaches IG. Other big stories for investors have been the multi-notch shift for Turkey from B- to BB- given the return to orthodox monetary policy (although we expect the upwards momentum in ratings may take a pause for now), and the first signs of a reversal in South Africa’s long-term down trend, with a positive outlook now at S&P. Among higher-risk frontier names, Egypt and Nigeria also look to have recovered from the brink, with multiple positive outlooks and ratings almost entirely lifted out of the CCC bucket and back towards B- or B. In the IG space eurozone members/hopefuls such as Croatia and Bulgaria have seen upgrades and positive outlooks, along with some improvements in the GCC for Saudi Arabia and Qatar. Overall, it is clear that EM governments are being rewarded for decisive reform efforts, while negative shifts have largely come from political pressures, such as in Kenya, Georgia, and Panama (although not limited to EM countries, as seen with France in the developed world). An important area of fundamental improvement in the EM world is reduced vulnerability to external shocks. In aggregate, EM current account deficits have reduced, with the median EM deficit near its narrowest in the past decade, meaning generally lower external financing needs across the world. By region, the large surpluses for oil exporters in the Middle East have moderated over the past year but are still in a strong position compared to much of the past decade, while EM Europe has seen a recovery from the energy and terms of trade shock of 2022. At the same time, most economies have been steadily accumulating FX reserves, monetary policy has generally been orthodox and conservative, and more governments have been gradually adopting more flexible exchange rates. Lower foreign holdings of local currency debt represent another area of reduced external vulnerability. It’s not all good news for EM sovereigns however, as fiscal accounts are still showing some signs of strain. Fiscal balances have deteriorated relative to the pre-Covid era, and government debt ratios are elevated, even more so when compared to a decade ago. Debt levels in Developed Markets are still higher, but that differential has narrowed and looks set to narrow further. For EM Europe, government spending is likely to remain high on military expenditure and the green energy transition, while in the Middle East most are focused on shifting their economies away from hydrocarbon dependence. Overall, the key question is how fiscal deficits are likely to be funded across EM economies. Countries with deep capital markets can be content with local currency funding, although a return of foreign investors to local currency EM debt markets would be helpful here. In EM Europe, many countries have returned as significant international bond issuers since Covid, in contrast to the previous decade of net negative supply, although can also count on financing support from the EU. For frontier and higher-beta names, bilateral and multilateral official funding sources should remain an important safety net, with IMF programmes often the catalyst for a wider range of official financing, as seen this year with the likes of Egypt and Pakistan, although domestic political considerations can often clash with the reform conditionality that comes with such support. Among stronger BB names, we expect further ratings upgrades are likely for Serbia, Oman and Azerbaijan, with the latter offering the most potential for spread tightening in the event of upgrade to IG. In the IG tier, Bulgaria would likely see upgrades in the event of eventual eurozone accession, although the timing remains unclear, while Saudi Arabia could also see further gains if oil prices remain elevated and production normalises. For lower rated credits we are sceptical of multiple upgrades for South Africa, although investor sentiment may well move to price in this potential, while Turkey should see a pause in momentum at BB-. The likes of Egypt and Pakistan will also likely see further progress amid strong external support. In contrast, Panama is teetering on the edge of a full downgrade to HY, while some pressures could re-emerge on Romania next year if fiscal consolidation expectations are not met, with market pricing already pointing towards this potential. In the HY space, Senegal is at risk of further downgrades, while Kenya looks most vulnerable among lower rated B-/CCC credits. Source: ING
Kura Sushi: Recent Pullback Doesn't Turn $90 Into A BargainPolls close in Uruguay’s election, with ruling coalition and opposition headed for photo finish MONTEVIDEO, Uruguay (AP) — Uruguayans on Sunday voted in the second round of the country's presidential election , with the conservative governing party and the left-leaning coalition locked in a close runoff after failing to win an outright majority Nayara Batschke, The Associated Press Nov 24, 2024 2:47 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Pedestrians pass by Uruguay's national flag and political party banners for sale on the day of the presidential run-off election in Montevideo, Uruguay, Sunday, Nov. 24, 2024. (AP Photo/Natacha Pisarenko) MONTEVIDEO, Uruguay (AP) — Uruguayans on Sunday voted in the second round of the country's presidential election , with the conservative governing party and the left-leaning coalition locked in a close runoff after failing to win an outright majority in last month’s vote . The closing of polls started a countdown to the announcement of official results as independent polling firms were preparing to release so-called quick counts. Depending on how tight the vote turns out to be, electoral officials may not call the race for days — as happened in the contentious 2019 runoff that brought center-right President Luis Lacalle Pou to office and ended 15 years of rule by Uruguay’s left-leaning Broad Front. Uruguay's staid election has turned into a hard-fought race between Álvaro Delgado, the incumbent party’s candidate who won 27% in the first round of voting on Oct. 27, and Yamandú Orsi from the Broad Front, who took 44% of the vote in the first round. But other conservative parties that make up the government coalition — in particular, the Colorado Party — notched 20% of the vote collectively, enough to give Delgado an edge over his challenger. Congress ended up evenly split in the October vote. Most polls have shown a virtual tie between Delgado and Orsi, with nearly 10% of Uruguayan voters undecided even at this late stage. Many said they believed turnout would be low if voting weren't compulsory in the country. “Neither candidate convinced me and I feel that there are many in my same situation," said Vanesa Gelezoglo, 31, in the capital, Montevideo, adding she would make up her mind at “the last minute.” Analysts say the candidates' lackluster campaigns and broad consensus on key issues have generated extraordinary indecision and apathy in an election dominated by discussions about social spending and concerns over income inequality but largely free of the anti-establishment rage that has vaulted populist outsiders to power elsewhere . “The question of whether Frente Amplio (the Broad Front) raises taxes is not an existential question, unlike what we saw in the U.S. with Trump and Kamala framing each other as threats to democracy," said Nicolás Saldías, a Latin America and Caribbean senior analyst for the London-based Economist Intelligence Unit. “That doesn't exist in Uruguay.” Both candidates are also appealing to voter angst over a surge in violent crime that has shaken a nation long regarded as one of the region’s safest, with Delgado promising tough-on-crime policies and Orsi advocating a more community-oriented approach. Delgado, 55, a rural veterinarian with a long career in the National Party, campaigned on a vow to continue the legacy of current President Lacalle Pou — in some ways making the election into a referendum on his leadership. He campaigned under the slogan “re-elect a good government." While a string of corruption scandals rattled Lacalle Pou's government last year, the president — who constitutionally cannot run for a second consecutive term — now enjoys high approval ratings and a strong economy expected to grow 3.2% this year, according to the International Monetary Fund. Inflation has also eased in recent months, boosting his coalition. Delgado served most recently as Secretary of the Presidency for Lacalle Pou and promises to pursue his predecessor's pro-business policies. He would continue pushing for a trade deal with China that has raised hackles in Mercosur, an alliance of South American countries promoting regional commerce. "We have to give the government coalition a chance to consolidate its proposals,” said Ramiro Pérez, a street vendor voting for Delgado on Sunday. Orsi, 57, a former history teacher and two-time mayor from a working-class background, is widely seen as the political heir to iconic former President José “Pepe” Mujica , an ex-Marxist guerilla who raised Uruguay's international profile as one of the region's most socially liberal and environmentally sustainable nations during his 2010-2015 term. His Broad Front coalition oversaw the legalization of abortion, same-sex marriage and the sale of marijuana in the small South American nation of 3.4 million people. “He's my candidate, not only for my sake but also for my children's,” Yeny Varone, a nurse, said of Orsi. “In the future they'll have better working conditions, health and salaries.” Mujica, now 89 and recovering from esophageal cancer , was among the first to cast his ballot after polls opened. “Uruguay is a small country, but it has earned recognition for being stable, for having a citizenry that respects institutional formalities,” he told reporters from his local polling station. “This is no small feat.” While promising to forge a “new left” in Uruguay, Orsi plans no dramatic changes. He proposes tax incentives to lure investment and social security reforms that would lower the retirement age but fall short of a radical overhaul sought by Uruguay's unions. The contentious plebiscite on whether to boost pension payouts failed to pass in October, with Uruguayans rejecting generous pensions in favor of fiscal constraint. Both candidates pledged full cooperation with each other if elected. “I want (Orsi) to know that my idea is to form a government of national unity,” Delgado told reporters after casting his vote in the capital's upscale Pocitos neighborhood. He said that if he won, he and Orsi would chat on Monday over some yerba mate, the traditional herbal drink beloved by Uruguayans. Orsi similarly pledged a smooth and respectful transition of power, describing Sunday's democratic exercise as “an incredible experience" as he voted in Canelones, the sprawling town of beaches and cattle ranches just north of Montevideo where he served as mayor for a decade. “The essence of politics is agreements,” he said. “You never end up completely satisfied.” ___ Associated Press writer Isabel DeBre in Villa Tunari, Bolivia, contributed to this report. Nayara Batschke, The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More World News Jannik Sinner leads Italy past the Netherlands for its second consecutive Davis Cup title Nov 24, 2024 10:40 AM Poland's conservative opposition party taps historian as candidate for 2025 presidential run Nov 24, 2024 7:42 AM Israel says rabbi who went missing in the UAE was killed Nov 24, 2024 12:06 AM Featured FlyerST. LOUIS (AP) — Missouri’s governor on Monday denied clemency for Christopher Collings , a death row inmate facing execution for sexually assaulting and killing a 9-year-old girl and leaving her body in a sinkhole. Collings, 49, is scheduled to receive a single injection of pentobarbital at 6 p.m. CST Tuesday at the state prison in Bonne Terre, Missouri, for the 2007 killing of fourth-grader Rowan Ford. It would be the 23rd execution in the U.S. this year and the fourth in Missouri. “Mr. Collings has received every protection afforded by the Missouri and United States Constitutions, and Mr. Collings’ conviction and sentence remain for his horrendous and callous crime,” Republican Gov. Mike Parson said in a statement. Parson’s decision likely sealed Collings’ fate. Earlier Monday, the U.S. Supreme Court denied an appeal on behalf of Collings, without comment. No additional appeals are planned, Collings' attorney, Jeremy Weis, said. Parson's decision was not unexpected — a former sheriff, Parson has overseen 12 previous executions without granting clemency. Weis said Parson has allowed other executions to proceed for inmates with innocence claims, intellectual disabilities and for men who were “reformed and remorseful” for their crimes. “In each case of redemption, the Governor has ignored the evidence and sought vengeance,” Weis said in a statement. Collings confessed to killing Rowan, a child who referred to him as “Uncle Chris” after Collings lived for several months with the girl’s family in tiny Stella, Missouri. Rowan was killed on Nov. 3, 2007. Her body was found in a sinkhole outside of town six days later. She had been strangled. The clemency petition said an abnormality of Collings’ brain causes him to suffer from “functional deficits in awareness, judgment and deliberation, comportment, appropriate social inhibition, and emotional regulation.” It also noted that he suffered from frequent and often violent abuse as a child. “The result was a damaged human being with no guidance on how to grow into a functioning adult,” the petition stated. The petition also challenged the fairness of executing Collings when another man charged in the crime, Rowan’s stepfather, David Spears, also confessed but was allowed to plead to lesser crimes. Spears served more than seven years in prison before his release in 2015. Collings told authorities that he drank heavily and smoked marijuana with Spears and another man in the hours before the attack on Rowan, according to court records. Collings said he picked up the sleeping child from her bed, took her to the camper where he lived and assaulted her there. He said he strangled the child with a rope when he realized she recognized him. Collings told investigators that he took the girl's body to a sinkhole. He burned the rope used in the attack, along with the clothes he was wearing and his bloodstained mattress, prosecutors said. Spears also implicated himself in the crimes, according to court documents and the clemency petition. A transcript of Spears’ statement to police, cited in the petition, said he told police that Collings handed him a cord and that he killed Rowan. “I choke her with it. I realize she’s gone. She’s ... she’s really gone,” Spears said, according to the transcript. It was Spears who led authorities to the sinkhole where her body was found, according to court documents. No phone listing could be found for Spears. The Supreme Court appeal challenged the reliability of the key law enforcement witness at Collings’ trial, a police chief from a neighboring town who had four AWOL convictions while serving in the Army. Failure to disclose details about that criminal history at trial violated Collings’ right to due process, Weis contended. “His credibility was really at the heart of the entire case against Mr. Collings," Weis said in an interview. Three men have been executed in Missouri this year — Brian Dorsey on April 9, David Hosier on June 11 and Marcellus Williams on Sept. 24. Only Alabama, with six, and Texas, with five, have performed more executions than Missouri in 2024.
Fiorentina’s Bove ‘stable’ after collapse as Napoli remain on topThe Vancouver Fraser Port Authority says a machinery fire this morning at a Delta, B.C., terminal facility has been put out and no injuries were reported. The authority says in a written statement that a coal stacker caught fire at a facility operated by Westshore Terminals, temporarily shutting operations at the terminal and a neighbouring facility operated by GCT Deltaport. The statement says the Delta fire department responded “immediately,” and the blaze has now been put out but fire officials are still on scene to monitor the site. The port authority says no injuries were reported, and Westshore is “continuing to manage” the response with Delta fire officials. Video footage posted online Saturday shows thick black smoke billowing upwards from a conveyor engulfed in flames at the facility. Photos posted on social media also show the smoke on the horizon visible from the Tsawwassen ferry terminal. This report by The Canadian Press was first published Dec. 28, 2024.
Snow filled BlissRams claim CB Emmanuel Forbes off waivers from Washington
Indian pacer Arshdeep Singh has been nominated for the ICC Men's T20I Cricketer of the Year award following a stellar season in which he emerged as the joint highest wicket-taker and played a pivotal role in India's T20 World Cup triumph. The 25-year-old will compete for the prestigious honour alongside Pakistan's Babar Azam , Australia's Travis Head , and Zimbabwe's Sikandar Raza , all of whom are among the standout performers this year. ET Year-end Special Reads What kept India's stock market investors on toes in 2024? India's car race: How far EVs went in 2024 Investing in 2025: Six wealth management trends to watch out for Singh, a left-arm pacer, was a key figure in India's T20 World Cup victory in Barbados. He finished the year as the joint highest wicket-taker in T20Is, with 36 wickets in 18 matches at an impressive average of 13.5. His tally was the second-highest by an Indian pacer in T20Is in a calendar year, just behind Bhuvneshwar Kumar's 37 wickets in 2022. Singh claimed 17 wickets in the T20 World Cup, tying with Afghanistan's Fazalhaq Farooqi for the most wickets in the tournament. His most memorable moment came in the final, where he dismissed key players Aiden Markram and Quinton de Kock early, derailing South Africa's chase of 177. In the high-pressure 19th over, he conceded just four runs, increasing the required run rate and setting the stage for India's victory. Artificial Intelligence(AI) Java Programming with ChatGPT: Learn using Generative AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Basics of Generative AI: Unveiling Tomorrows Innovations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Generative AI for Dynamic Java Web Applications with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Mastering C++ Fundamentals with Generative AI: A Hands-On By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Performance Marketing for eCommerce Brands By - Zafer Mukeri, Founder- Inara Marketers View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance A2Z Of Money By - elearnmarkets, Financial Education by StockEdge View Program Marketing Modern Marketing Masterclass by Seth Godin By - Seth Godin, Former dot com Business Executive and Best Selling Author View Program Astrology Vastu Shastra Course By - Sachenkumar Rai, Vastu Shashtri View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd. View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Artificial Intelligence(AI) AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Mastering Full Stack Development: From Frontend to Backend Excellence By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator View Program Data Science SQL Server Bootcamp 2024: Transform from Beginner to Pro By - Metla Sudha Sekhar, IT Specialist and Developer View Program The winners of the ICC Awards 2024 will be announced in late January 2025. (You can now subscribe to our Economic Times WhatsApp channel )Sabres get power-play goals from Zucker and Thompson in 4-2 win over the Blues
Tottenham January transfer briefing: who are they after, what do they need and who might leave?Jimmy Carter: A brief bioEntertainment is no longer just about having fun; it’s about an experience that brings joy, excitement, and discovery together. With the rise of immersive destinations, places like stand out as hubs that combine thrilling attractions, relaxation, and endless exploration opportunities. This guide uncovers the unique benefits of Entertainment City, showing how it has become the ultimate destination for individuals and families alike. A Perfect Fusion of Fun and Adventure One of the most notable aspects of Entertainment City is its ability to cater to diverse interests. Whether you’re a fan of adrenaline-pumping activities or intimate cultural experiences, Entertainment City has it all under one roof. Thrilling Attractions: Entertainment City hosts an array of adventurous activities and rides designed for those seeking excitement. From fast-paced roller coasters to unique simulators, every corner of the venue offers a chance to get your pulse racing. Immersive Experiences: Interactive zones, virtual reality setups, and creative exhibits allow visitors to step into new realities, offering life-like adventures while exploring the limits of imagination. Fun for All Ages: Entertainment City is a place where boundaries blur between age groups. With dedicated areas for kids, as well as high-thrill experiences for adults, it offers memorable moments for visitors of all ages. Socially Engaging Spaces Entertainment City isn’t just a place for personal enjoyment; it’s also designed to bring people together. Community Connections: Shared experiences like group activities, workshops, and contests create opportunities to bond and make new friendships. Event Spaces: Entertainment City features versatile venues for concerts, live performances, and events, enabling attendees to enjoy the thrill of entertainment as a collective experience. Relaxation Spots: Beautifully designed cafes and lounges provide the perfect respite for those looking to relax and unwind after a full day of exploring. It’s a chance to slow down and enjoy the vibrant atmosphere around you while sipping a refreshing drink. Educational Opportunities Embedded in Entertainment While focusing on fun, Entertainment City also stands out by incorporating learning opportunities across its various attractions. Interactive Learning Zones: Hands-on exhibits provide an educational twist to traditional entertainment. Visitors, especially children, can explore science, history, and innovation in captivating ways. Workshops and Classes: Entertainment City offers regular workshops and activities to inspire creativity, learning, and skill development for all age groups. Cultural Insights: From art showcases to themed festivals, Entertainment City celebrates cultures from around the world, making every visit both fun and informative. Staying Current with Trends Another factor that makes Entertainment City unique is its commitment to offering trending and innovative experiences. Seasonal Attractions: Entertainment City regularly refreshes its offerings by introducing seasonal activities and programs to keep things new and exciting for its visitors. Advanced Technology Integration: Virtual reality, augmented reality, and other technologies are seamlessly integrated into experiences, ensuring visitors are always exploring cutting-edge attractions. A Destination with Endless Benefits Entertainment City redefines what exploring a modern entertainment venue should feel like. Here’s a quick roundup of everything it brings to the table: Opportunities for nonstop adventure and relaxation. A hub for socially engaging activities and events. A place to learn and discover while having fun. Constantly refreshed offerings that align with the latest trends. For anyone looking to spend their leisure time discovering new horizons or simply having unforgettable moments, Entertainment City is the place to be. Offering experiences that cater to adventurers, families, and lifelong learners, it’s more than just a destination—it’s an all-encompassing universe of fun, education, and connection.The Deep Blue Sea Project and the Nigerian Navy’s efforts represent one of the most ambitious national initiatives aimed at combating piracy and maritime insecurity in the Gulf of Guinea. Since its establishment in 1956, the Nigerian Navy has evolved significantly. Initially a small force under British colonial rule, it became a national institution after Nigeria’s independence in 1960, tasked with safeguarding its coastal waters and maritime borders. From the 1960s to the 1980s, the Navy expanded its fleet, improved training, and developed naval bases to address emerging security challenges, particularly offshore oil exploration. By the 1990s, the Navy modernized its fleet and extended its operations to tackle piracy and ensure oil security, particularly in the Niger Delta. In recent years, the Deep Blue Sea Project (2019) has further modernized the Navy, integrating advanced technology like satellites, drones, and surveillance systems, alongside specialized task forces dedicated to combatting piracy and maritime crimes. The Nigerian Navy has made significant progress in combating maritime crime and piracy, particularly in the Gulf of Guinea. Its proactive approach, involving enhanced patrols, surveillance, and intelligence-sharing, has effectively intercepted pirate attacks, reduced hijackings, and rescued kidnapped crew members. Operations like Dakatar Da Barawo have been instrumental in curbing piracy in high-risk areas. Specialized units, such as the Special Boat Service (SBS), have improved the Navy’s effectiveness in securing oil and gas installations and major shipping lanes. The Navy’s collaboration with regional and international organisations like ECOWAS, the Gulf of Guinea Commission, and the IMO has improved intelligence-sharing and joint operations against piracy. The Deep Blue Sea Project has equipped the Navy with advanced technologies, such as satellite surveillance, drones, and vessel tracking systems, enhancing its Maritime Domain Awareness (MDA) and security capability. The Nigerian Navy has made significant strides in arrests and prosecutions of maritime criminals, with a record number of arrests in 2020. These efforts have led to a measurable reduction in piracy incidents, though challenges remain. Investment in specialised training for personnel has ensured that the Navy is well-prepared to respond to modern maritime threats. The leadership of the Nigerian Navy in maritime security, supported by advanced technology and strategic partnerships, has significantly reduced piracy in the Gulf of Guinea, setting a model for other nations facing similar challenges. The Deep Blue Sea Project has made Nigeria’s maritime security strategy a benchmark in the fight against maritime insecurity. The project’s integrated system combines air, sea, and land assets, offering a level of versatility not seen in traditional naval approaches. This integration allows Nigeria to respond swiftly and effectively to various maritime threats, ranging from piracy to illegal fishing and smuggling. By utilising cutting-edge technologies, including satellites, drones, and vessel tracking systems, the project provides a level of MDA that many navies, particularly those of smaller or less-resourced nations, cannot match. Unlike many other navies, which rely on limited assets, Nigeria integrates both sea-based responses with naval ships and air-based monitoring. Its ability to track vessels using real-time satellite data and drones places it ahead in effective detection and deterrence of maritime crime. The Nigerian Navy’s incorporation of high-tech surveillance equipment, such as unmanned aerial vehicles (UAVs), surveillance aircraft, and advanced tracking systems, provides it with a superior edge in combating piracy. These technologies are unparalleled in the Gulf of Guinea, where traditional naval patrols can be slow and resource-intensive. While other navies in the region may struggle with outdated equipment or lack the resources to maintain such advanced systems, the Deep Blue Sea Project ensures Nigeria’s security forces are equipped with some of the best surveillance tools available. These assets are crucial in responding to dynamic piracy tactics, such as fast-moving, smaller vessels attempting to evade traditional security measures. The Nigerian Navy has also taken a unique approach by establishing specialised task forces dedicated to counter-piracy and maritime law enforcement. These task forces, trained in advanced anti-piracy and crisis management operations, enable Nigeria to deploy specialised forces quickly in high-risk areas like the Niger Delta. Unlike other navies that may lack such specialised anti-piracy units, the Nigerian Navy focuses directly on safeguarding oil platforms, securing shipping routes, and conducting real-time counter-piracy operations. This targeted strategy has been a key factor in the Navy’s operational success, especially in the piracy-prone waters of the Gulf of Guinea. A core element of the Deep Blue Sea Project is its focus on building the capacity of Nigerian naval personnel. Through extensive training in modern maritime security techniques, including counter-piracy tactics, intelligence gathering, and emergency response, the Nigerian Navy has not only become technologically advanced but also operationally skilled. In contrast to other global navies that focus on general-purpose training, Nigeria’s counter-piracy training is tailored to address the unique challenges of its waters, ensuring personnel can respond to complex maritime threats with greater efficiency and precision. The Nigerian Navy has played a leading role in regional collaborations with organisations such as ECOWAS, the Gulf of Guinea Commission (GGC), and international partners like the IMO and the United States. This cooperation has allowed for greater intelligence sharing and joint operations, cementing Nigeria as a pivotal force in Gulf of Guinea security. Nigeria’s leadership in regional maritime security initiatives, such as the Gulf of Guinea Maritime Security Strategy, has fostered cooperation among the littoral states, which is essential to countering the transnational nature of piracy. The Nigerian Navy’s proactive measures, supported by advanced surveillance systems, have enabled it to prevent piracy attacks before they occur. This includes tracking pirate vessels prior to strikes, coordinating intelligence with regional partners, and implementing rapid response measures. Unlike some navies, which may respond reactively to piracy, Nigeria’s approach ensures swift and efficient interventions. This proactive stance, coupled with its advanced technology, has significantly improved security along one of the world’s most dangerous maritime areas. While Nigeria’s efforts under the Deep Blue Sea Project have yielded impressive results, challenges persist. Resource constraints, sophisticated piracy operations, and corruption within certain maritime institutions remain obstacles. However, these challenges are being addressed through continuous international collaboration, further investment in technology, and enhanced training programs. Despite these challenges, the Deep Blue Sea Project has proven effective in reducing piracy incidents and enhancing maritime security. Nigeria’s commitment to strengthening its naval forces and safeguarding its maritime domain is evident in the project’s success. The integration of advanced technologies, specialised task forces, and personnel training has made the project a model for other nations facing similar maritime security threats. The Deep Blue Sea Project, along with the Nigerian Navy’s comprehensive efforts, has positioned Nigeria as a global leader in combating piracy and maritime insecurity. With its cutting-edge technology, specialised forces, and robust regional collaborations, Nigeria’s maritime security strategy is among the most advanced in the world. Although challenges remain, the Deep Blue Sea Project stands as a testament to the power of a well-coordinated, technology-driven, and regionally focused naval strategy in the fight against maritime crime.
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Mark Wahlberg’s decades-long dedication to his body is well known. He’s letting everyone in on his secret for staying ripped into his fifties. The actor recently announced plans to open an expansive Las Vegas fitness facility combining serious conditioning and high-end luxury. According to the Las Vegas Review Journal, Wahlberg will partner with EoS Fitness for his new Municipal Gym, signing the lease on Nov. 1 for the 32,064-square-foot space previously occupied by Bed, Bath and Beyond. The facility is planned to open in 2026. It will take a year to prepare the space because the finished product promises to be unlike any other fitness facility, featuring cryotherapy and cold plunges, compression therapy, infrared saunas, eucalyptus steam rooms and red light therapy, among other luxury offerings. In addition, there will be retail and apparel stores, juice bars and cafes and vitamins and supplements available for purchase. Don't Miss: These five entrepreneurs are worth $223 billion – they all believe in one platform that offers a 7-9% target yield with monthly dividends Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today. “Together, with Mark, we’re building a first-of-its-kind, state-of-the-art facility,” said Municipal Gym Co-Chairman, President and CEO Manzo Hodge. “With the best equipment in the world, created with a singular mission: to inspire and equip people to be unstoppable.” A $400 Million Fortune Wahlberg, who, according to Celebrity Net Worth, has a $400 million fortune, moved to Vegas in 2022 and wasted no time in putting his business footprint on the city, opening a new restaurant in Town Square, Flecha Cantina and reportedly being a driving force behind the proposed Sony Entertainment film studio in Summerlin . Wahlberg also flipped a personal residence in Vegas, which, according to People, he purchased for $14.5 million to enable his children to attend school after leaving Los Angeles and sold it for $16.6 million barely a year later, moving into another Vegas home. That, however, is a small change compared to the other deals Wahlberg has done. See Also: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." These high-yield real estate notes that pay 7.5% – 9% make earning passive income easier than ever. $40+ Million Real Estate Profit In 2009, Wahlberg purchased a parcel of land in North Beverly Park, an exclusive gated Los Angeles community, for $8.25 million. Five years later, he completed construction on his chateau-style dream home and sold it in 2023 for $55 million. Before that, he lived in a home in Beverly Hills, which he purchased for $5 million in 2001 and sold for $13 million in 2013. Wahlberg has consistently been one of the highest-paid actors in Hollywood with hit movies, including the Transformers franchise, Ted and Planet of the Apes. He also has his own production and distribution company, Closest to the Hole Productions, which has produced many of his films, such as Deepwater Horizon, Patriots Day, Spenser Confidential and Mile 22. He has also executive produced TV shows such as HBO’s Ballers, Boardwalk Empire and Entourage. Wahlberg has leveraged his star power in many different business ventures outside the movie industry. These include: Trending: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." These high-yield real estate notes that pay 7.5% – 9% make earning passive income easier than ever. Fitness and Nutrition Municipal isn’t the actor’s only foray into fitness . According to a 2022 Reuters article, he is a 1.73% investor in the F45 Training chain of gyms, which had 1,700 studios and 3,300 franchises in 67 countries and went public in 2021 with a valuation of about $1.4 billion. Since then, the brand has been through a few ups and downs, closed some locations and opened others, got a new CEO, Tom Dowd and, according to athletechnews.com, plans to move into HIIT training, Pilates and ancillary services like recovery, nutrition and weight loss, including some of the sectors that Wahlberg is targeting with his Municipal Gym in Vegas such as infrared sauna and cold plunge stations. Wahlberg also invested in Aquahydrate, a brand of electrolyte water, with the currently embattled Sean “Diddy” Combs in 2019. According to Forbes, they both invested $20 million. There is no word on whether the actor is still associated with the brand. He has also been associated with the sports nutrition company Performance Inspired and still appears on the company website as a cofounder. The company sells products such as protein powders and supplements. Trending: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things. Car Dealership Wahlberg owns several car dealerships under the moniker Mark Wahlberg Chevrolet in Ohio with business partner/car dealer Jay Feldman. “I’ve had a love for all makes of cars, especially American-made cars,” Wahlberg, who worked in an auto body shop as a teen, told autobodynews.com of his Chevrolet endorsements. Fast Food Mark owns the Wahlburgers fast food chain with his brothers, actor/singer Donnie and chef Paul. The chain currently has 90 branches worldwide. Clothing Wahlberg founded the clothing line Municipal in 2020 alongside his manager, Stephen Levinson and golf industry guru Harry Arnett. The name also ties in with the name of his Vegas gym. When the brand was launched, he told Rolling Stone, “We wanted to create stuff that looked cool, that fit and felt great, stuff that you could wear to work, you could wear to work out and wear out at night. We wanted to create something that was a great value proposition to the every guy and gal who’s out there working hard to be the best version of themselves, you know?” It’s a wonder Wahlberg still gets time to make movies, given all his business ventures. However, according to screenrant.com, he has a full slate of upcoming releases in 2025, including Flight Risk, Play Dirty, The Six Billion Dollar Man, Balls Up and Unchartered 2. Read Next: Commercial real estate has historically outperformed the stock market, and this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today! During market downturns, investors are learning that unlike equities, these high-yield real estate notes that pay 7.5% – 9% are protected by resilient assets, buffering against losses. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom and state lawmakers returned to the state Capitol on Monday to begin a special session to protect the state's progressive policies ahead of another Trump presidency. The Democratic governor, a fierce critic of President-elect Donald Trump, is positioning California to once again be the center of a resistance effort against the conservative agenda. He is asking his Democratic allies in the Legislature, who hold supermajorities in both chambers, to approve additional funding to the attorney general's office to prepare for a robust legal fight against anticipated federal challenges. Democratic Assemblymember Jesse Gabriel on Monday introduced legislation to set aside $25 million for legal fees to respond to potential attacks by the Trump administration on state policies regarding civil rights, climate change, immigration and abortion access. “While we always hope to collaborate with our federal partners, California will be ready to vigorously defend our interests and values from any unlawful action by the incoming Trump Administration,” Gabriel said in a statement. California sued the first Trump administration more than 120 times to various levels of success. “We’re not going to be caught flat-footed,” Newsom said at a recent news conference. Trump often depicts California as representing all he sees wrong in America. Democrats, which hold every statewide office in California and have commanding margins in the Legislature and congressional delegation, outnumber registered Republicans by nearly 2-to-1 statewide. Trump called the Democratic governor “Newscum” during a campaign stop in Southern California and has relentlessly lambasted the Democratic stronghold over its large number of immigrants in the U.S. illegally, homeless population and thicket of regulations. Trump also waded into a water rights battle over the endangered delta smelt , a tiny fish that has pitted environmentalists against farmers and threatened to withhold federal aid to a state increasingly under threat from wildfires. He also vowed to follow through with his campaign promise of carrying out the mass deportation of immigrants without legal status and prosecuting his political enemies. Before the special session began, state lawmakers swore in more than two dozen new members and elect leaders for the 2025 legislative session. Lawmakers voted to convene the special session largely along party lines. “This special session is about sticking up for Californians and for California values,” said state Sen. Scott Wiener, a Democrat representing San Francisco. “It is about ensuring that the president of the United States and his administration actually follow the law.” Hundreds of people also demonstrated around the Capitol on Monday to urge the Legislature to try to stop Trump's mass deportation plans . They carried banners that said “Not one cent for mass deportation” and “MAGA out of California.” “With the results of the presidential election, we need our state elected officials to use every tool and every resource they have available to them to protect our immigrant Californians,” protester Deborah Lee said. State Attorney General Rob Bonta said his office will protect the state’s immigration population, while Newsom last week unveiled a proposal to revive a rebate program for electric vehicle purchases if the incoming Trump administration eliminates a federal tax credit for people who buy electric cars. Newsom is also considering creating a backup disaster relief fund for the wildfire-prone state after Trump’s threats. Bonta announced legislation Monday aimed at bolstering reproductive rights in the state, including by allowing the attorney general to seek monetary penalties against local governments that infringe on those rights. The proposals are part of the state's efforts to safeguard against threats to abortion access after the U.S. Supreme Court overturned Roe v. Wade . Republican lawmakers blasted Newsom and his Democratic allies over the special session. State Sen. Kelly Seyarto, a Republican representing Murrieta in Southern California, said the special session proposal would make California have a more adversarial relationship with the federal government. “What we’re doing today is sending that exact message — that we are going to fight tooth and nail for everything. And you know what? That means they’re going to fight us tooth and nail for everything,” Seyarto said of the incoming Trump administration if the legislation gets approved. Legislators also are expected to spend the year discussing ways to protect dozens of laws expected to be targeted by the Trump administration, including one that has made the state a sanctuary for people seeking abortions who live in states where such practices have been severely limited. California, the nation’s most populous state, was the first to mandate that by 2035 all new cars , pickup trucks and SUVs sold in California be electric, hydrogen-powered or plug-in hybrids. The state also extends state-funded health care to all low-income residents regardless of their immigration status. Newsom hasn't provided details about what actions the lawmakers will consider but said he wanted funding in place before Trump's inauguration day, Jan. 20. The state spent roughly $42 million in litigation costs during the first Trump administration, officials said. California is projected to face a $2 billion budget deficit next year, with bigger shortfalls ahead. Gabriel, who sued the first Trump administration in 2017 when it tried to end a program to shield young immigrants from being deported, said lining up the funding now is “a wise investment." California successfully clawed back $57 million between 2017 and 2018 after prevailing in a lawsuit to block the Trump administration from putting immigration enforcement conditions on certain federal law enforcement grants. Another legal victory over the citizenship question in the 2020 census forced the federal government to return $850,000 to the state, according to the attorney general's office. During Trump’s first presidency, Democratic attorneys general banded together to file lawsuits over immigration, Trump’s travel ban for residents of Muslim countries, the environment, immigration and other topics. But Trump has one possible advantage this time around: He was aggressive in nominating conservative jurists to federal courts at all levels, including the Supreme Court. Associated Press journalists Haven Daley and Sophie Austin contributed to this report.
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Short Interest in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Expands By 117.2%By BILL BARROW, Associated Press ATLANTA (AP) — Jimmy Carter, the peanut farmer who won the presidency in the wake of the Watergate scandal and Vietnam War, endured humbling defeat after one tumultuous term and then redefined life after the White House as a global humanitarian, has died. He was 100 years old. The longest-lived American president died on Sunday, more than a year after entering hospice care , at his home in the small town of Plains, Georgia, where he and his wife, Rosalynn, who died at 96 in November 2023 , spent most of their lives, The Carter Center said. Businessman, Navy officer, evangelist, politician, negotiator, author, woodworker, citizen of the world — Carter forged a path that still challenges political assumptions and stands out among the 45 men who reached the nation’s highest office. The 39th president leveraged his ambition with a keen intellect, deep religious faith and prodigious work ethic, conducting diplomatic missions into his 80s and building houses for the poor well into his 90s. “My faith demands — this is not optional — my faith demands that I do whatever I can, wherever I am, whenever I can, for as long as I can, with whatever I have to try to make a difference,” Carter once said. A moderate Democrat, Carter entered the 1976 presidential race as a little-known Georgia governor with a broad smile, outspoken Baptist mores and technocratic plans reflecting his education as an engineer. His no-frills campaign depended on public financing, and his promise not to deceive the American people resonated after Richard Nixon’s disgrace and U.S. defeat in southeast Asia. “If I ever lie to you, if I ever make a misleading statement, don’t vote for me. I would not deserve to be your president,” Carter repeated before narrowly beating Republican incumbent Gerald Ford, who had lost popularity pardoning Nixon. Carter governed amid Cold War pressures, turbulent oil markets and social upheaval over racism, women’s rights and America’s global role. His most acclaimed achievement in office was a Mideast peace deal that he brokered by keeping Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin at the bargaining table for 13 days in 1978. That Camp David experience inspired the post-presidential center where Carter would establish so much of his legacy. Yet Carter’s electoral coalition splintered under double-digit inflation, gasoline lines and the 444-day hostage crisis in Iran. His bleakest hour came when eight Americans died in a failed hostage rescue in April 1980, helping to ensure his landslide defeat to Republican Ronald Reagan. Carter acknowledged in his 2020 “White House Diary” that he could be “micromanaging” and “excessively autocratic,” complicating dealings with Congress and the federal bureaucracy. He also turned a cold shoulder to Washington’s news media and lobbyists, not fully appreciating their influence on his political fortunes. “It didn’t take us long to realize that the underestimation existed, but by that time we were not able to repair the mistake,” Carter told historians in 1982, suggesting that he had “an inherent incompatibility” with Washington insiders. Carter insisted his overall approach was sound and that he achieved his primary objectives — to “protect our nation’s security and interests peacefully” and “enhance human rights here and abroad” — even if he fell spectacularly short of a second term. Ignominious defeat, though, allowed for renewal. The Carters founded The Carter Center in 1982 as a first-of-its-kind base of operations, asserting themselves as international peacemakers and champions of democracy, public health and human rights. “I was not interested in just building a museum or storing my White House records and memorabilia,” Carter wrote in a memoir published after his 90th birthday. “I wanted a place where we could work.” That work included easing nuclear tensions in North and South Korea, helping to avert a U.S. invasion of Haiti and negotiating cease-fires in Bosnia and Sudan. By 2022, The Carter Center had declared at least 113 elections in Latin America, Asia and Africa to be free or fraudulent. Recently, the center began monitoring U.S. elections as well. Carter’s stubborn self-assuredness and even self-righteousness proved effective once he was unencumbered by the Washington order, sometimes to the point of frustrating his successors . He went “where others are not treading,” he said, to places like Ethiopia, Liberia and North Korea, where he secured the release of an American who had wandered across the border in 2010. “I can say what I like. I can meet whom I want. I can take on projects that please me and reject the ones that don’t,” Carter said. He announced an arms-reduction-for-aid deal with North Korea without clearing the details with Bill Clinton’s White House. He openly criticized President George W. Bush for the 2003 invasion of Iraq. He also criticized America’s approach to Israel with his 2006 book “Palestine: Peace Not Apartheid.” And he repeatedly countered U.S. administrations by insisting North Korea should be included in international affairs, a position that most aligned Carter with Republican President Donald Trump. Among the center’s many public health initiatives, Carter vowed to eradicate the guinea worm parasite during his lifetime, and nearly achieved it: Cases dropped from millions in the 1980s to nearly a handful. With hardhats and hammers, the Carters also built homes with Habitat for Humanity. The Nobel committee’s 2002 Peace Prize cites his “untiring effort to find peaceful solutions to international conflicts, to advance democracy and human rights, and to promote economic and social development.” Carter should have won it alongside Sadat and Begin in 1978, the chairman added. Carter accepted the recognition saying there was more work to be done. “The world is now, in many ways, a more dangerous place,” he said. “The greater ease of travel and communication has not been matched by equal understanding and mutual respect.” Carter’s globetrotting took him to remote villages where he met little “Jimmy Carters,” so named by admiring parents. But he spent most of his days in the same one-story Plains house — expanded and guarded by Secret Service agents — where they lived before he became governor. He regularly taught Sunday School lessons at Maranatha Baptist Church until his mobility declined and the coronavirus pandemic raged. Those sessions drew visitors from around the world to the small sanctuary where Carter will receive his final send-off after a state funeral at Washington’s National Cathedral. The common assessment that he was a better ex-president than president rankled Carter and his allies. His prolific post-presidency gave him a brand above politics, particularly for Americans too young to witness him in office. But Carter also lived long enough to see biographers and historians reassess his White House years more generously. His record includes the deregulation of key industries, reduction of U.S. dependence on foreign oil, cautious management of the national debt and notable legislation on the environment, education and mental health. He focused on human rights in foreign policy, pressuring dictators to release thousands of political prisoners . He acknowledged America’s historical imperialism, pardoned Vietnam War draft evaders and relinquished control of the Panama Canal. He normalized relations with China. “I am not nominating Jimmy Carter for a place on Mount Rushmore,” Stuart Eizenstat, Carter’s domestic policy director, wrote in a 2018 book. “He was not a great president” but also not the “hapless and weak” caricature voters rejected in 1980, Eizenstat said. Rather, Carter was “good and productive” and “delivered results, many of which were realized only after he left office.” Madeleine Albright, a national security staffer for Carter and Clinton’s secretary of state, wrote in Eizenstat’s forward that Carter was “consequential and successful” and expressed hope that “perceptions will continue to evolve” about his presidency. “Our country was lucky to have him as our leader,” said Albright, who died in 2022. Jonathan Alter, who penned a comprehensive Carter biography published in 2020, said in an interview that Carter should be remembered for “an epic American life” spanning from a humble start in a home with no electricity or indoor plumbing through decades on the world stage across two centuries. “He will likely go down as one of the most misunderstood and underestimated figures in American history,” Alter told The Associated Press. James Earl Carter Jr. was born Oct. 1, 1924, in Plains and spent his early years in nearby Archery. His family was a minority in the mostly Black community, decades before the civil rights movement played out at the dawn of Carter’s political career. Carter, who campaigned as a moderate on race relations but governed more progressively, talked often of the influence of his Black caregivers and playmates but also noted his advantages: His land-owning father sat atop Archery’s tenant-farming system and owned a main street grocery. His mother, Lillian , would become a staple of his political campaigns. Seeking to broaden his world beyond Plains and its population of fewer than 1,000 — then and now — Carter won an appointment to the U.S. Naval Academy, graduating in 1946. That same year he married Rosalynn Smith, another Plains native, a decision he considered more important than any he made as head of state. She shared his desire to see the world, sacrificing college to support his Navy career. Carter climbed in rank to lieutenant, but then his father was diagnosed with cancer, so the submarine officer set aside his ambitions of admiralty and moved the family back to Plains. His decision angered Rosalynn, even as she dived into the peanut business alongside her husband. Carter again failed to talk with his wife before his first run for office — he later called it “inconceivable” not to have consulted her on such major life decisions — but this time, she was on board. “My wife is much more political,” Carter told the AP in 2021. He won a state Senate seat in 1962 but wasn’t long for the General Assembly and its back-slapping, deal-cutting ways. He ran for governor in 1966 — losing to arch-segregationist Lester Maddox — and then immediately focused on the next campaign. Carter had spoken out against church segregation as a Baptist deacon and opposed racist “Dixiecrats” as a state senator. Yet as a local school board leader in the 1950s he had not pushed to end school segregation even after the Supreme Court’s Brown v. Board of Education decision, despite his private support for integration. And in 1970, Carter ran for governor again as the more conservative Democrat against Carl Sanders, a wealthy businessman Carter mocked as “Cufflinks Carl.” Sanders never forgave him for anonymous, race-baiting flyers, which Carter disavowed. Ultimately, Carter won his races by attracting both Black voters and culturally conservative whites. Once in office, he was more direct. “I say to you quite frankly that the time for racial discrimination is over,” he declared in his 1971 inaugural address, setting a new standard for Southern governors that landed him on the cover of Time magazine. His statehouse initiatives included environmental protection, boosting rural education and overhauling antiquated executive branch structures. He proclaimed Martin Luther King Jr. Day in the slain civil rights leader’s home state. And he decided, as he received presidential candidates in 1972, that they were no more talented than he was. In 1974, he ran Democrats’ national campaign arm. Then he declared his own candidacy for 1976. An Atlanta newspaper responded with the headline: “Jimmy Who?” The Carters and a “Peanut Brigade” of family members and Georgia supporters camped out in Iowa and New Hampshire, establishing both states as presidential proving grounds. His first Senate endorsement: a young first-termer from Delaware named Joe Biden. Yet it was Carter’s ability to navigate America’s complex racial and rural politics that cemented the nomination. He swept the Deep South that November, the last Democrat to do so, as many white Southerners shifted to Republicans in response to civil rights initiatives. A self-declared “born-again Christian,” Carter drew snickers by referring to Scripture in a Playboy magazine interview, saying he “had looked on many women with lust. I’ve committed adultery in my heart many times.” The remarks gave Ford a new foothold and television comedians pounced — including NBC’s new “Saturday Night Live” show. But voters weary of cynicism in politics found it endearing. Carter chose Minnesota Sen. Walter “Fritz” Mondale as his running mate on a “Grits and Fritz” ticket. In office, he elevated the vice presidency and the first lady’s office. Mondale’s governing partnership was a model for influential successors Al Gore, Dick Cheney and Biden. Rosalynn Carter was one of the most involved presidential spouses in history, welcomed into Cabinet meetings and huddles with lawmakers and top aides. The Carters presided with uncommon informality: He used his nickname “Jimmy” even when taking the oath of office, carried his own luggage and tried to silence the Marine Band’s “Hail to the Chief.” They bought their clothes off the rack. Carter wore a cardigan for a White House address, urging Americans to conserve energy by turning down their thermostats. Amy, the youngest of four children, attended District of Columbia public school. Washington’s social and media elite scorned their style. But the larger concern was that “he hated politics,” according to Eizenstat, leaving him nowhere to turn politically once economic turmoil and foreign policy challenges took their toll. Carter partially deregulated the airline, railroad and trucking industries and established the departments of Education and Energy, and the Federal Emergency Management Agency. He designated millions of acres of Alaska as national parks or wildlife refuges. He appointed a then-record number of women and nonwhite people to federal posts. He never had a Supreme Court nomination, but he elevated civil rights attorney Ruth Bader Ginsburg to the nation’s second highest court, positioning her for a promotion in 1993. He appointed Paul Volker, the Federal Reserve chairman whose policies would help the economy boom in the 1980s — after Carter left office. He built on Nixon’s opening with China, and though he tolerated autocrats in Asia, pushed Latin America from dictatorships to democracy. But he couldn’t immediately tame inflation or the related energy crisis. And then came Iran. After he admitted the exiled Shah of Iran to the U.S. for medical treatment, the American Embassy in Tehran was overrun in 1979 by followers of the Ayatollah Ruhollah Khomeini. Negotiations to free the hostages broke down repeatedly ahead of the failed rescue attempt. The same year, Carter signed SALT II, the new strategic arms treaty with Leonid Brezhnev of the Soviet Union, only to pull it back, impose trade sanctions and order a U.S. boycott of the Moscow Olympics after the Soviets invaded Afghanistan. Hoping to instill optimism, he delivered what the media dubbed his “malaise” speech, although he didn’t use that word. He declared the nation was suffering “a crisis of confidence.” By then, many Americans had lost confidence in the president, not themselves. Carter campaigned sparingly for reelection because of the hostage crisis, instead sending Rosalynn as Sen. Edward M. Kennedy challenged him for the Democratic nomination. Carter famously said he’d “kick his ass,” but was hobbled by Kennedy as Reagan rallied a broad coalition with “make America great again” appeals and asking voters whether they were “better off than you were four years ago.” Reagan further capitalized on Carter’s lecturing tone, eviscerating him in their lone fall debate with the quip: “There you go again.” Carter lost all but six states and Republicans rolled to a new Senate majority. Carter successfully negotiated the hostages’ freedom after the election, but in one final, bitter turn of events, Tehran waited until hours after Carter left office to let them walk free. At 56, Carter returned to Georgia with “no idea what I would do with the rest of my life.” Four decades after launching The Carter Center, he still talked of unfinished business. “I thought when we got into politics we would have resolved everything,” Carter told the AP in 2021. “But it’s turned out to be much more long-lasting and insidious than I had thought it was. I think in general, the world itself is much more divided than in previous years.” Still, he affirmed what he said when he underwent treatment for a cancer diagnosis in his 10th decade of life. “I’m perfectly at ease with whatever comes,” he said in 2015 . “I’ve had a wonderful life. I’ve had thousands of friends, I’ve had an exciting, adventurous and gratifying existence.” ___ Former Associated Press journalist Alex Sanz contributed to this report.Much of the discussion following Donald Trump’s US presidential victory has focused on the potential for higher US rates and a stronger US dollar, amid lower global trade volumes, which is likely to produce a tough environment for EMFX. However, despite the external headwinds and global macro uncertainty, the fundamental picture for many EM sovereigns has shifted more positive, with reforms being successfully implemented and balance sheets strengthened despite the significant twin shocks of Covid and the war in Ukraine in recent years. This should help to keep EM sovereign credit markets well supported, despite relatively expensive valuations in terms of tight credit spreads. *Azerbaijan IIP is estimate of sovereign net foreign assets (FX reserves and SOFAZ assets, net of government external debt). Source: National Sources, IMF, World Bank, Brookings, Bruegel, Macrobond, ING; IMF WEO data for 2024 used for Economy & Fiscal variables, External Balance Sheet data is latest available. This trend has started to be reflected by improvements in sovereign credit ratings, with the trend of net downgrades seen from 2020 to 2022 shifting to net upgrades, first in 2023 and looking even more positive this year. This is true for all three largest rating agencies – Moody’s, S&P and Fitch, where upgrades outnumber downgrades for EM sovereigns this year. Significant upgrades have included Turkey (multiple times), Qatar, Egypt, Ivory Coast, Brazil, Argentina, Azerbaijan, Kazakhstan, Serbia, Croatia, Montenegro, Albania, Pakistan, and Mongolia. When looking ahead, an even more encouraging signal is the shift in the balance of outlooks to positive (more positive than negative rating outlooks), highlighting the potential for further upgrades over the next 12 months. By this measure, both Fitch and S&P’s rating outlook balances are hovering near their most positive level for the past decade, with a negative skew seen for much of this historical period. Of particular interest for investors is likely to be the transition from High Yield (HY) to Investment Grade (IG) ratings as a potential technical trigger for strong performance, with potential ‘rising star’ candidates within the EM universe including the BB+ rated Azerbaijan, Oman, Serbia, and Morocco. This dynamic of narrowing the gap in fundamentals between the BB-tier of EM sovereigns and the BBB-tier (where ratings momentum is broadly heading the opposite way, in a more negative direction) is starting to play out in the market, with a compression in the spread differential between the two tiers. Indeed, on a country level, some of these upgrade candidates (Oman, Serbia in particular) are already trading at tighter spread levels than higher rated peers, with market-implied ratings nearer BBB, although we expect a further short-term bounce if the composite rating (average of three major agencies) eventually reaches IG. Other big stories for investors have been the multi-notch shift for Turkey from B- to BB- given the return to orthodox monetary policy (although we expect the upwards momentum in ratings may take a pause for now), and the first signs of a reversal in South Africa’s long-term down trend, with a positive outlook now at S&P. Among higher-risk frontier names, Egypt and Nigeria also look to have recovered from the brink, with multiple positive outlooks and ratings almost entirely lifted out of the CCC bucket and back towards B- or B. In the IG space eurozone members/hopefuls such as Croatia and Bulgaria have seen upgrades and positive outlooks, along with some improvements in the GCC for Saudi Arabia and Qatar. Overall, it is clear that EM governments are being rewarded for decisive reform efforts, while negative shifts have largely come from political pressures, such as in Kenya, Georgia, and Panama (although not limited to EM countries, as seen with France in the developed world). An important area of fundamental improvement in the EM world is reduced vulnerability to external shocks. In aggregate, EM current account deficits have reduced, with the median EM deficit near its narrowest in the past decade, meaning generally lower external financing needs across the world. By region, the large surpluses for oil exporters in the Middle East have moderated over the past year but are still in a strong position compared to much of the past decade, while EM Europe has seen a recovery from the energy and terms of trade shock of 2022. At the same time, most economies have been steadily accumulating FX reserves, monetary policy has generally been orthodox and conservative, and more governments have been gradually adopting more flexible exchange rates. Lower foreign holdings of local currency debt represent another area of reduced external vulnerability. It’s not all good news for EM sovereigns however, as fiscal accounts are still showing some signs of strain. Fiscal balances have deteriorated relative to the pre-Covid era, and government debt ratios are elevated, even more so when compared to a decade ago. Debt levels in Developed Markets are still higher, but that differential has narrowed and looks set to narrow further. For EM Europe, government spending is likely to remain high on military expenditure and the green energy transition, while in the Middle East most are focused on shifting their economies away from hydrocarbon dependence. Overall, the key question is how fiscal deficits are likely to be funded across EM economies. Countries with deep capital markets can be content with local currency funding, although a return of foreign investors to local currency EM debt markets would be helpful here. In EM Europe, many countries have returned as significant international bond issuers since Covid, in contrast to the previous decade of net negative supply, although can also count on financing support from the EU. For frontier and higher-beta names, bilateral and multilateral official funding sources should remain an important safety net, with IMF programmes often the catalyst for a wider range of official financing, as seen this year with the likes of Egypt and Pakistan, although domestic political considerations can often clash with the reform conditionality that comes with such support. Among stronger BB names, we expect further ratings upgrades are likely for Serbia, Oman and Azerbaijan, with the latter offering the most potential for spread tightening in the event of upgrade to IG. In the IG tier, Bulgaria would likely see upgrades in the event of eventual eurozone accession, although the timing remains unclear, while Saudi Arabia could also see further gains if oil prices remain elevated and production normalises. For lower rated credits we are sceptical of multiple upgrades for South Africa, although investor sentiment may well move to price in this potential, while Turkey should see a pause in momentum at BB-. The likes of Egypt and Pakistan will also likely see further progress amid strong external support. In contrast, Panama is teetering on the edge of a full downgrade to HY, while some pressures could re-emerge on Romania next year if fiscal consolidation expectations are not met, with market pricing already pointing towards this potential. In the HY space, Senegal is at risk of further downgrades, while Kenya looks most vulnerable among lower rated B-/CCC credits. Source: ING
Kura Sushi: Recent Pullback Doesn't Turn $90 Into A BargainPolls close in Uruguay’s election, with ruling coalition and opposition headed for photo finish MONTEVIDEO, Uruguay (AP) — Uruguayans on Sunday voted in the second round of the country's presidential election , with the conservative governing party and the left-leaning coalition locked in a close runoff after failing to win an outright majority Nayara Batschke, The Associated Press Nov 24, 2024 2:47 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Pedestrians pass by Uruguay's national flag and political party banners for sale on the day of the presidential run-off election in Montevideo, Uruguay, Sunday, Nov. 24, 2024. (AP Photo/Natacha Pisarenko) MONTEVIDEO, Uruguay (AP) — Uruguayans on Sunday voted in the second round of the country's presidential election , with the conservative governing party and the left-leaning coalition locked in a close runoff after failing to win an outright majority in last month’s vote . The closing of polls started a countdown to the announcement of official results as independent polling firms were preparing to release so-called quick counts. Depending on how tight the vote turns out to be, electoral officials may not call the race for days — as happened in the contentious 2019 runoff that brought center-right President Luis Lacalle Pou to office and ended 15 years of rule by Uruguay’s left-leaning Broad Front. Uruguay's staid election has turned into a hard-fought race between Álvaro Delgado, the incumbent party’s candidate who won 27% in the first round of voting on Oct. 27, and Yamandú Orsi from the Broad Front, who took 44% of the vote in the first round. But other conservative parties that make up the government coalition — in particular, the Colorado Party — notched 20% of the vote collectively, enough to give Delgado an edge over his challenger. Congress ended up evenly split in the October vote. Most polls have shown a virtual tie between Delgado and Orsi, with nearly 10% of Uruguayan voters undecided even at this late stage. Many said they believed turnout would be low if voting weren't compulsory in the country. “Neither candidate convinced me and I feel that there are many in my same situation," said Vanesa Gelezoglo, 31, in the capital, Montevideo, adding she would make up her mind at “the last minute.” Analysts say the candidates' lackluster campaigns and broad consensus on key issues have generated extraordinary indecision and apathy in an election dominated by discussions about social spending and concerns over income inequality but largely free of the anti-establishment rage that has vaulted populist outsiders to power elsewhere . “The question of whether Frente Amplio (the Broad Front) raises taxes is not an existential question, unlike what we saw in the U.S. with Trump and Kamala framing each other as threats to democracy," said Nicolás Saldías, a Latin America and Caribbean senior analyst for the London-based Economist Intelligence Unit. “That doesn't exist in Uruguay.” Both candidates are also appealing to voter angst over a surge in violent crime that has shaken a nation long regarded as one of the region’s safest, with Delgado promising tough-on-crime policies and Orsi advocating a more community-oriented approach. Delgado, 55, a rural veterinarian with a long career in the National Party, campaigned on a vow to continue the legacy of current President Lacalle Pou — in some ways making the election into a referendum on his leadership. He campaigned under the slogan “re-elect a good government." While a string of corruption scandals rattled Lacalle Pou's government last year, the president — who constitutionally cannot run for a second consecutive term — now enjoys high approval ratings and a strong economy expected to grow 3.2% this year, according to the International Monetary Fund. Inflation has also eased in recent months, boosting his coalition. Delgado served most recently as Secretary of the Presidency for Lacalle Pou and promises to pursue his predecessor's pro-business policies. He would continue pushing for a trade deal with China that has raised hackles in Mercosur, an alliance of South American countries promoting regional commerce. "We have to give the government coalition a chance to consolidate its proposals,” said Ramiro Pérez, a street vendor voting for Delgado on Sunday. Orsi, 57, a former history teacher and two-time mayor from a working-class background, is widely seen as the political heir to iconic former President José “Pepe” Mujica , an ex-Marxist guerilla who raised Uruguay's international profile as one of the region's most socially liberal and environmentally sustainable nations during his 2010-2015 term. His Broad Front coalition oversaw the legalization of abortion, same-sex marriage and the sale of marijuana in the small South American nation of 3.4 million people. “He's my candidate, not only for my sake but also for my children's,” Yeny Varone, a nurse, said of Orsi. “In the future they'll have better working conditions, health and salaries.” Mujica, now 89 and recovering from esophageal cancer , was among the first to cast his ballot after polls opened. “Uruguay is a small country, but it has earned recognition for being stable, for having a citizenry that respects institutional formalities,” he told reporters from his local polling station. “This is no small feat.” While promising to forge a “new left” in Uruguay, Orsi plans no dramatic changes. He proposes tax incentives to lure investment and social security reforms that would lower the retirement age but fall short of a radical overhaul sought by Uruguay's unions. The contentious plebiscite on whether to boost pension payouts failed to pass in October, with Uruguayans rejecting generous pensions in favor of fiscal constraint. Both candidates pledged full cooperation with each other if elected. “I want (Orsi) to know that my idea is to form a government of national unity,” Delgado told reporters after casting his vote in the capital's upscale Pocitos neighborhood. He said that if he won, he and Orsi would chat on Monday over some yerba mate, the traditional herbal drink beloved by Uruguayans. Orsi similarly pledged a smooth and respectful transition of power, describing Sunday's democratic exercise as “an incredible experience" as he voted in Canelones, the sprawling town of beaches and cattle ranches just north of Montevideo where he served as mayor for a decade. “The essence of politics is agreements,” he said. “You never end up completely satisfied.” ___ Associated Press writer Isabel DeBre in Villa Tunari, Bolivia, contributed to this report. Nayara Batschke, The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More World News Jannik Sinner leads Italy past the Netherlands for its second consecutive Davis Cup title Nov 24, 2024 10:40 AM Poland's conservative opposition party taps historian as candidate for 2025 presidential run Nov 24, 2024 7:42 AM Israel says rabbi who went missing in the UAE was killed Nov 24, 2024 12:06 AM Featured FlyerST. LOUIS (AP) — Missouri’s governor on Monday denied clemency for Christopher Collings , a death row inmate facing execution for sexually assaulting and killing a 9-year-old girl and leaving her body in a sinkhole. Collings, 49, is scheduled to receive a single injection of pentobarbital at 6 p.m. CST Tuesday at the state prison in Bonne Terre, Missouri, for the 2007 killing of fourth-grader Rowan Ford. It would be the 23rd execution in the U.S. this year and the fourth in Missouri. “Mr. Collings has received every protection afforded by the Missouri and United States Constitutions, and Mr. Collings’ conviction and sentence remain for his horrendous and callous crime,” Republican Gov. Mike Parson said in a statement. Parson’s decision likely sealed Collings’ fate. Earlier Monday, the U.S. Supreme Court denied an appeal on behalf of Collings, without comment. No additional appeals are planned, Collings' attorney, Jeremy Weis, said. Parson's decision was not unexpected — a former sheriff, Parson has overseen 12 previous executions without granting clemency. Weis said Parson has allowed other executions to proceed for inmates with innocence claims, intellectual disabilities and for men who were “reformed and remorseful” for their crimes. “In each case of redemption, the Governor has ignored the evidence and sought vengeance,” Weis said in a statement. Collings confessed to killing Rowan, a child who referred to him as “Uncle Chris” after Collings lived for several months with the girl’s family in tiny Stella, Missouri. Rowan was killed on Nov. 3, 2007. Her body was found in a sinkhole outside of town six days later. She had been strangled. The clemency petition said an abnormality of Collings’ brain causes him to suffer from “functional deficits in awareness, judgment and deliberation, comportment, appropriate social inhibition, and emotional regulation.” It also noted that he suffered from frequent and often violent abuse as a child. “The result was a damaged human being with no guidance on how to grow into a functioning adult,” the petition stated. The petition also challenged the fairness of executing Collings when another man charged in the crime, Rowan’s stepfather, David Spears, also confessed but was allowed to plead to lesser crimes. Spears served more than seven years in prison before his release in 2015. Collings told authorities that he drank heavily and smoked marijuana with Spears and another man in the hours before the attack on Rowan, according to court records. Collings said he picked up the sleeping child from her bed, took her to the camper where he lived and assaulted her there. He said he strangled the child with a rope when he realized she recognized him. Collings told investigators that he took the girl's body to a sinkhole. He burned the rope used in the attack, along with the clothes he was wearing and his bloodstained mattress, prosecutors said. Spears also implicated himself in the crimes, according to court documents and the clemency petition. A transcript of Spears’ statement to police, cited in the petition, said he told police that Collings handed him a cord and that he killed Rowan. “I choke her with it. I realize she’s gone. She’s ... she’s really gone,” Spears said, according to the transcript. It was Spears who led authorities to the sinkhole where her body was found, according to court documents. No phone listing could be found for Spears. The Supreme Court appeal challenged the reliability of the key law enforcement witness at Collings’ trial, a police chief from a neighboring town who had four AWOL convictions while serving in the Army. Failure to disclose details about that criminal history at trial violated Collings’ right to due process, Weis contended. “His credibility was really at the heart of the entire case against Mr. Collings," Weis said in an interview. Three men have been executed in Missouri this year — Brian Dorsey on April 9, David Hosier on June 11 and Marcellus Williams on Sept. 24. Only Alabama, with six, and Texas, with five, have performed more executions than Missouri in 2024.
Fiorentina’s Bove ‘stable’ after collapse as Napoli remain on topThe Vancouver Fraser Port Authority says a machinery fire this morning at a Delta, B.C., terminal facility has been put out and no injuries were reported. The authority says in a written statement that a coal stacker caught fire at a facility operated by Westshore Terminals, temporarily shutting operations at the terminal and a neighbouring facility operated by GCT Deltaport. The statement says the Delta fire department responded “immediately,” and the blaze has now been put out but fire officials are still on scene to monitor the site. The port authority says no injuries were reported, and Westshore is “continuing to manage” the response with Delta fire officials. Video footage posted online Saturday shows thick black smoke billowing upwards from a conveyor engulfed in flames at the facility. Photos posted on social media also show the smoke on the horizon visible from the Tsawwassen ferry terminal. This report by The Canadian Press was first published Dec. 28, 2024.