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Release time: 2025-01-13 | Source: Unknown
MONTEVIDEO, Uruguay (AP) — The European Union reached a blockbuster free trade agreement Friday with Brazil, Argentina and the three other South American nations in the Mercosur trade alliance, capping a quarter-century of on-off negotiations even as France vowed to derail the contentious accord . Provided it is ratified, the accord would create one of the world’s largest free trade zones, covering a market of 780 million people that represents nearly a quarter of global gross domestic product. The accord’s proponents in Brussels say it would save businesses some $4.26 billion in duties each year, slashing red tape and removing tariffs on products like Italian wine, Argentine steak, Brazilian oranges and German Volkswagens. Its critics in France, the Netherlands and other countries with big dairy and beef industries say the pact would subject local farmers to unfair competition and cause environmental damage . From Uruguay, the host of the Mercosur summit, European Commission President Ursula von der Leyen hailed the deal as a “truly historic milestone” at a time when global protectionism is on the rise. “I know that strong winds are blowing in the opposite direction, toward isolation and fragmentation, but this agreement is our clear response,” von der Leyen said, an apparent reference to U.S. President-elect Donald Trump’s vows to protect American workers and goods. Under pressure from his country’s powerful and vocal farming lobby, French President Emmanuel Macron said Friday the deal remained “unacceptable” as it stands and stressed that governments have not yet seen “the final outcome” of negotiations. “The agreement has neither been signed nor ratified. This is not the end of the story,” Macron’s office said, adding that France demands additional safeguards for farmers and commitments to sustainable development and health controls. For France to block the deal, it would need the support of three or more other EU member states representing at least 35% of the bloc’s population. The French government, which has been rallying countries to oppose the pact, named Austria, Belgium, Italy, the Netherlands and Poland as other wary states that share French concerns about the deal. To take effect, the pact must also be endorsed by the European Parliament. In remarks aimed at her “fellow Europeans,” and perhaps in particular French skeptics, von der Leyen promised the accord would boost 60,000 businesses through lower tariffs , streamlined customs procedures and preferential access to raw materials otherwise supplied by China. “This will create huge business opportunities,” von der Leyen said. She then turned to address European farmers who fear that an influx of cheap food imports will jeopardize their livelihoods. South American countries do not have to adhere to the same standards for animal treatment and pesticide use. “We have heard you, listened to your concerns, and we are acting on them,” von der Leyen said. Outrage over environmental rules, rising costs and unregulated imports has unleashed massive farmers’ protests across the continent over the past year. Leaders on both sides of the Atlantic who long have pushed for the deal praised the announcement Friday, welcoming the results as a boon for export industries. It marks the first major trade agreement for Mercosur, which is comprised of Argentina, Brazil, Uruguay, Paraguay and, newly, Bolivia. The bloc had previously only managed to conclude free-trade deals with Egypt, Israel and Singapore. “An important obstacle to the agreement has been overcome,” said Chancellor Olaf Scholz of Germany, where the nation’s vaunted car industry is poised to profit. From Spain, Prime Minister Pedro Sánchez called the agreement “an unprecedented economic bridge.” At the Mercosur summit in Uruguay’s capital of Montevideo, Brazil’s President Luiz Inacio Lula da Silva praised “a modern and balanced text which recognizes Mercosur’s environmental credentials.” “We are securing new markets for our exports and strengthening investment flows,” he said. The Brazilian Trade and Investment Promotion Agency said it expects the pact to boost the nation’s Europe-bound exports by $7 billion. Libertarian President Javier Milei of Argentina described the accord as aligning with his free market principles. Argentines are excited about selling more beef and agricultural products in the EU. The deal is the product of 25 years of painstaking negotiations , dating back to a Mercosur summit in Rio de Janeiro in 1999. Talks collapsed over differences in economic priorities , regulatory standards and agricultural policies. The rise of protectionist tendencies also repeatedly upended hopes. Momentum picked up in 2016, as former President Trump imposed harsh tariffs on Europe. At the same time, market-friendly governments came to power in South America’s biggest economies, Brazil and Argentina, which had been closed for years. In June 2019, negotiators announced a deal that included provisions for tariff reductions and commitments to environmental standards. But it was never implemented. In Brazil, the region’s economic powerhouse, right-wing former President Jair Bolsonaro in Brazil, presided over record levels of deforestation in the Amazon , prompting EU governments to demand tougher sustainability criteria . In Argentina, a new left-wing protectionist government opposed the deal. But things picked up as the region’s politics shifted again in 2023. Brazil’s President Lula rode to power on pledges to rein in illegal logging , soothing concerns that the pact could accelerate deforestation . Argentina’s Milei is working to open the nation’s notoriously closed and crisis-stricken economy. But if past EU trade agreements are any indication, ratification could take years. “We celebrate it, but it’s still far from reality,” Milei said of the accord. In 2016, the EU and Canada signed a pact, known as the Comprehensive Economic and Trade Agreement, or CETA, but the approval process is still lumbering along. Germany’s parliament only signed off on that pact two years ago, and the French Senate rejected it in March this year . “Anyone with any memory is skeptical,” said Brian Winter, a vice president of the New York-based Council of the Americas. “They have trotted out leaders and declared victory and celebrated, and yet there always seems to be a hitch.” DeBre reported from Buenos Aires, Argentina. Associated Press writers Mauricio Savarese in São Paulo, David Biller in Rio de Janeiro, Lorne cook in Brussels and Sylvie Corbet in Paris contributed to this report.10 best casino sites 。

MRI could be key to understanding the impact a gluten free diet has on people with Celiac disease December 6, 2024 University of Nottingham Experts have used magnetic resonance imaging (MRI) to better understand the impact a gluten free diet has on people with celiac disease, which could be the first step towards finding new ways of treating the condition. Celiac disease is a chronic condition affecting around one person in every 100 in the general population. When people with celiac disease eat gluten, which is found in pasta and bread, their immune system produces an abnormal reaction that inflames and damages the gut tissue and causes symptoms such as abdominal pain and bloating. Facebook Twitter Pinterest LinkedIN Email Experts have used magnetic resonance imaging (MRI) to better understand the impact a gluten free diet has on people with coeliac disease, which could be the first step towards finding new ways of treating the condition. The MARCO study -- MAgnetic Resonance Imaging in COliac disease -- which is published in Clinical Gastroenterology and Hepatology ( CGH ), was led by experts from the School of Medicine at the University of Nottingham, alongside colleagues at the Quadram Institute. Coeliac disease is a chronic condition affecting around one person in every 100 in the general population. When people with coeliac disease eat gluten, which is found in pasta and bread, their immune system produces an abnormal reaction that inflames and damages the gut tissue and causes symptoms such as abdominal pain and bloating. The only treatment is a life- long commitment to a gluten free diet, which helps recovery of the gut tissue but still leaves many patients with gastrointestinal symptoms. Luca Marciani, Professor of Gastrointestinal Imaging at the University, led the study. He said: "Despite being a common chronic condition, we still don't precisely know how coeliac disease affects the basic physiological functioning of the gut and how the gluten free diet treatment may further change this. "We launched the MARCO study to try and address this issue, by using MRI along with gut microbiome analysis to give us new insights into how a gluten-free diet affects people with coeliac disease." The team recruited 36 people who had just been diagnosed with coeliac disease and 36 healthy volunteers to participate in the study. Images were taken of their guts with MRI, along with blood and stool samples. The patients then followed a gluten free diet for one year and came back to repeat the study. The healthy participants came back one year later too and repeated the study, but they did not follow any diet treatment. The study found that the newly diagnosed patients with coeliac disease had more gut symptoms, more fluid in the small bowel and that the transit of food in the bowel was slower than in the healthy controls. The microbiota (the 'bugs' living in the colon) of the patients showed higher levels of 'bad bugs' such as E.coli . After one year of a gluten free diet, gut symptoms, bowel water and gut transit improved in the patients, but without returning to normal values. By contrast, the gluten free diet reduced some of the 'good bugs' in the microbiota, such as Bifidobacteria associated with reduced intake of starch and wheat nutrients, due to the different diet. The patient study was conducted by Radiographer Dr Carolyn Costigan, from Nottingham University Hospitals, as part of her PhD studies at the University of Nottingham. Professor Marciani said: "It was particularly interesting to see how the imaging results on gut function correlated with changes in the 'bugs' in the colon microbiota. The findings increase our understanding of gut function and physiology in coeliac disease and open the possibility of developing prebiotic treatments to reverse the negative impact of the gluten free diet on the microbiome." Dr Frederick Warren from the Quadram Institute said: "This study is the result of an exciting and innovative research collaboration bringing together medical imaging technology and gut microbiome analysis. We provide important insights which pave the way for future studies which may identify novel approaches to alleviate long-term symptoms in coeliac patients." Story Source: Materials provided by University of Nottingham . Note: Content may be edited for style and length. Journal Reference : Cite This Page :FIVE people have reportedly been charged over Liam Payne's death in Argentina. One of these people included the pop star's pal Roger Nores and hotel staff local reports have claimed. Two of these people have been remanded in custody, according to Argentinian news site Infobae. Liam's pal Rogelio, who said he left the hotel around an hour before the musician horror plunge, was reportedly charged with negligent homicide. He has allegedly been banned from leaving the country. Earlier this month he reportedly refused to answer questions over Liam's death. He denied claims he abandoned Liam before he fell from his balcony at the CasaSur Palermo Hotel in Buenos Aires, Argentina . Businessman Nores told a documentary that Liam was “in good spirits and perfectly balanced” on the day he died. Braian Paiz, a waiter who allegedly admitted to doing drugs with the singer was charged with supplying narcotics for payment. Ezequiel Pereyra, a hotel employee, was also reportedly charged with supplying drugs. Managers of the CasaSur Palermo hotel, Gilda Martín and Esteban Grassi, have allegedly been charged with manslaughter. These five people have reportedly been summoned to appear at an Argentine court. Liam died on October 16 after falling from a hotel balcony in Argentina. He had been in the country to renew his US visa having relocated to Florida with his girlfriend, American influencer Kate Cassidy . Kate had returned home early after feeling homesick, a few days before he plunged to his death in Buenos Aires. The toxicological exams revealed traces of alcohol, cocaine and prescribed antidepressants’ in his body at the time of death. Shortly before his death, Liam was seen "behaving erratically", and witnesses claimed he had to be carried back to his room after smashing his laptop. The autopsy found that he’d died from external bleeding and multiple injuries following his fall from the third-floor balcony of the CasaSur hotel in the smart neighbourhood of Palermo. Liam's funeral was held in November in his hometown of Amersham, and saw his family and friends, including his former bandmates, in attendance. SHOCKED friends, family and fans have paid heartbreaking tributes to Liam as news of the singer's death circulated across the world. Harry Styles’ mum Anne was among the first from One Direction's camp to share her reaction, posting a photo of Liam and writing 'Just a boy...' alongside a broken heart emoji. Britain's Got Talent judge Amanda Holden shared an image of the pair together with the words: "Such an awful tragedy. "Sending love to his family and all those who loved him." X Factor star Olly Murs told fans he was "devastated" and "lost for words". He wrote on social media: “Liam shared the same passions as me, the same dreams so to see his life now end so young hits hard, I’m truly gutted and devastated for his Family and of course his son Bear losing a dad x". Liam Gallagher said he was "very sad" and told his followers on X: "Life is precious Kids, you only get to do it once, go easy." Former X Factor presenter Dermot O’Leary has also expressed his shock and spoke on This Morning today. He said: “I remember him as a 14 year old turning up to audition on The X Factor, and blowing us away singing Sinatra. He just loved to sing. “He was always a joy, had time for everyone, polite, grateful, and was always humble.” BBC Radio 2 presenter Zoe Ball reacted to the "devastating news" on her show today and told fans she hugged her own son Woody tight this morning. JLS band member Marvin Humes reflected on his memories with the singer, sharing: "I first met Liam in 2008 with the JLS boys whilst auditioning for X Factor..he was 14 years old.. "We instantly clicked and looked at him as a little brother..that year it worked out for us but not for him and then 2 years later he went back to audition and One Direction was born..the rest is history.. "Absolutely heartbroken by the tragic news..Liam you wanted to be a global superstar and you did it bro..just can’t believe that things have ended this way..it’s shocking..my thoughts and prayers are with all your family and friends brother..RIP." Niall Horan's brother Greg shared an emotional tribute to Liam, praising him as a "top young man". He added: "You will be forever missed. Liam, words can’t describe how much I want to grab my brother and mind him now while the world shows their memories of you and him and the boys. "My heart goes out to your family parents and sisters and your son Bear and your 1D brothers. "10th October we met and we started out that evening as 5 families into one big one 1D family thank you for all the laughs bro watch down on all your family and mind them lots of love kiddo x x x 1D 4 LIFE x x x" German DJ Anton Zaslavski , otherwise known as Zedd , has taken to X with a devastated statement. The producer, who worked with Liam on his 2017 hit Get Low, wrote: "RIP Liam... I can’t believe this is real...absolutely heartbreaking..." American singer, Charlie Puth , who was friends with Liam and also collaborated with him on a song called Bedroom Floor, has posted a series of Instagram stories dedicated to him. Alongside photos of the two of them together in their younger days, Charlie wrote: "I am in shock right now. Liam was always so kind to me. "He was one of the first major artists I got to work with. I can not believe he is gone... "I am so upset right now, may he rest in peace. I am so sorry..." Irish singer duo Jedward also took to social media, saying: "RIP Liam Payne. Condolences to friends and family." In another tweet, they added: "Sending strength to Cheryl and his son Bear. And all the One direction Family. RIP Liam Payne." American media personality Paris Hilton shared: "So upsetting to hear the news of Liam Payne passing. Sending love and condolences to his family & loved ones. RIP my friend." ITV weather presenter Alex Beresford shared a news video about Liam's tragic death on Instagram, adding: "Can't believe this! RIP Liam." For the latest news on this story keep checking back at Sun Online, where we will bring you live updates as soon as they happen, before anyone else.

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Braith Anasta, 42, wraps up his 'toolies' getaway as he parties it up at a Bali beach club during Schoolies weekKING OF PRUSSIA, PA — Change has finally come to the notorious Schuylkill Expressway. For decades, the 14-mile stretch of I-76 between King of Prussia and Philadelphia has frustrated drivers with its constant traffic jams, rear-end crashes, and endless delays. But now, thanks to cutting-edge technology rolled out by PennDOT , movement on this critical corridor is faster, safer, and even better for the environment. Here’s the breakthrough PennDOT has brought to the table. Over the last few years, the agency installed 72 Variable Speed Limit (VSL) signs paired with a real-time Queue Warning (QW) system . Together, these systems are transforming the way we think about highway driving. The VSL signs dynamically adjust speed limits based on conditions like traffic volume or weather, while QW signs warn drivers of upcoming congestion before it’s too late. The result? Smarter, smoother, and safer roads. The numbers speak for themselves. Comparing data from 2022 and 2023 to pre-pandemic averages (2015-2019), crashes have plummeted. Overall accidents are down by an incredible 22%, while rear-end collisions—the hallmark of stop-and-go traffic hell—have dropped a staggering 32%. Most importantly, serious injuries have fallen by a jaw-dropping 62%! Din Abazi, PennDOT District 6 Executive, put it bluntly, “The active traffic management tools we have invested in on I-76 are saving lives.” That statement isn’t hyperbole. It’s saving lives to the tune of fewer crashes per year and shorter hospital stays for those caught in them. But this isn’t just about safety. It’s about reclaiming lost time and creating a better experience for the roughly 100,000 drivers who rely on I-76 every single day. PennDOT reports that travel times in 2023 have improved significantly. Evening eastbound commuters now shave off four precious minutes during peak hours, while westbound morning travelers save two minutes. That adds up to not just less wasted time but also meaningful economic gains—$46.8 million a year in savings from fewer crashes and delays. There’s also a major win for the environment. Stop-and-go traffic doesn’t just fray your nerves—it’s a disaster for air quality. But by reducing those frustrating traffic bottlenecks, PennDOT’s new systems are cutting emissions by an estimated 3,140 tons annually, according to the Federal Highway Administration’s emissions calculator. Here’s how it all works. The VSL system adjusts speed limits dynamically, with speeds ranging between 35 mph and 55 mph in most areas of the corridor. These adjustments aren’t arbitrary; they’re based on real-time conditions monitored through advanced road sensors. When drivers encounter a lower speed limit, it’s not there as a suggestion—it’s a directive intended to help them avoid sudden congestion just a mile or two down the road. Meanwhile, the Queue Warning system ensures drivers don’t stumble blindly into gridlock. Electronic message boards flash warnings and help motorists maintain safer stopping distances, making pileups less likely. These aren’t experimental gadgets—they’re proven tools that the data shows are keeping more lanes open, more of the time. This overhaul is just the beginning of what PennDOT envisions as a long-term strategy to transform the Schuylkill Expressway. Upcoming improvements, planned for 2026, include emergency pull-off zones, flexible lane configurations, and even multimodal upgrades that integrate parallel roads and public transit systems more effectively. PennDOT isn’t backing down—they’re using data to refine and adapt these technologies, ensuring the systems continue optimizing traffic flow and safety conditions as vehicle volumes inevitably increase. Since 2021, traffic on the Schuylkill has already surpassed pre-pandemic levels, carrying 10% more vehicles than in 2019. Yet thanks to these technological advancements, drivers are experiencing fewer headaches than they did five years ago. This isn’t just about making life easier for commuters—it’s about broader impacts on communities and the environment. Faster commute times mean less stress for drivers, more time spent with family, and greater productivity at work. Fewer accidents mean millions saved in healthcare and insurance costs. Cleaner air benefits everyone, cutting down on pollution-related health issues in the region’s population centers. But perhaps most importantly, this initiative serves as a model for how technology can tackle entrenched transportation challenges. The Schuylkill Expressway is notorious for its complexity—handling commuter traffic, commercial vehicles, and everything in between on a narrow, aging corridor. If PennDOT can make meaningful progress here, what’s stopping other states from following suit? PennDOT’s advancements on I-76 are more than just a win for Pennsylvania—they’re a roadmap for how we can reimagine our infrastructure to be smarter, safer, and more sustainable. For once, progress on the Schuylkill isn’t just about getting from point A to B—it’s about the future of how we move as a society. Want to stay ahead of traffic? Visit the MyChesCo Traffic Center for real-time traffic updates, expert insights, and the latest news on how technology is transforming our roads. Don’t get stuck—plan smarter and drive safer today! For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN .

( MENAFN - GetNews) TimeTree stands at the forefront of global innovation, transforming how individuals and organizations connect through shared schedules. Trusted by over 60 million users worldwide, its groundbreaking Public Calendar feature elevates collaboration by offering an open platform for effortlessly sharing schedules, updates, and events. Enhancing Citizen's Participation and Connectivity In one local government, Japan, TimeTree's Public Calendar has been adopted as the official city calendar, exemplifying its transformative impact. By providing real-time access to cultural events, public service updates and others, the platform empowers both residents and visitors to stay informed. With a single, accessible interface, the local government fosters stronger connections within its community, enhancing both convenience and civic pride. Revolutionizing with Retail Giants TimeTree has also made waves in the e-commerce sector, particularly through its integration with major e-commerce companies in Japan, it utilizes TimeTree's Public Calendar to centralize promotional events, sales, and customer engagement strategies. By offering tailored calendars, retail giant companies create a seamless shopping experience that boosts participation and conversion rates. This innovative use showcases TimeTree's potential to blend customer-centric solutions with measurable business outcomes. Transforming Entertainment and Fan Engagement In the entertainment industry, TimeTree has become an indispensable tool for Japanese idol groups, helping them connect with fans on a deeper level. Public Calendars enable fans to track concert dates, fan meetings, and special events in real time, ensuring they never miss a moment. The platform's versatility shines further through its partnership with TVer, Japan's leading OTT service boasting over 20 million monthly active users. With the creation of a“Drama Calendar,” viewers can now easily follow premiere dates. This innovation not only enhances viewer retention but also underscores TimeTree's ability to redefine audience engagement across industries. Pioneering AI-Powered Personalization TimeTree isn't just content with transforming today's scheduling. Its AI-powered Calendar concept is being considered and will introduce a new level of personalization, tailoring users' schedules to their unique lifestyles. From managing vaccination reminders for young parents to curating to-do lists for major life events, TimeTree elevates calendars into intuitive, proactive personal assistants. Building Bridges Across Sectors and Cultures TimeTree's Public Calendar is more than a tool; it's a catalyst for connection and growth. Governments, businesses, and communities are leveraging the platform to streamline communication, foster engagement, and enhance efficiency. Its ability to bridge gaps between diverse groups demonstrates its universal appeal and unmatched utility. A Vision for the Future As TimeTree continues to innovate, it remains steadfast in its mission to transform shared schedules into powerful engines for collaboration and connection. Its commitment to accessibility and cutting-edge technology ensures it will remain an essential resource for communities and businesses worldwide. TimeTree is not just managing schedules-it's creating a new paradigm for how we organize, connect, and thrive together. TimeTree's next goal is to reach 100 million users by 2026. TimeTree, which started in Japan, is now on the verge of full-scale global growth. This is why TimeTree, which connects people and societies through time, and its journey of innovation is even more anticipated from now on. Android: IOS: How to use: MENAFN16122024003238003268ID1108999913 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.A lawsuit accusing Target of misleading shareholders following sales of its 2023 Pride Collection is set to move forward after the retail giant failed to have it dismissed in a Florida court. The lawsuit had enough information to back accusations that Target deceived investors and customers about the social and political risks to the Pride-themed push, according to a report citing U.S. District Judge John Badalamenti. The retail giant concentrated on LGBT -centered activism while overlooking serious negative responses to the 2023 campaign, the suit alleges. “A lawsuit against Target over its controversial 2023 Pride Collection can move forward, a Florida judge has ruled... ‘Target embraced a radical transgender agenda targeting children and families through the corporation’s infamous 2023 “Pride” campaign,’ conservative group... pic.twitter.com/m23mdUOX8K — America First Legal (@America1stLegal) "Target assured shareholders that it was monitoring for political and social issues and risks that could arise as a result of the ESG and DEI policies. However, management only cared when leftist 'stakeholders' cared about these business decisions," a statement from America First Legal, the conservative group that filed the lawsuit in August 2023, read. "Following Target's May 2023 embrace of the radical transgender agenda, Target shares have seen more than a $12 billion collapse in value, the largest stock price decline in over 20 years." Target's campaign toward a "radical transgender agenda targeting children and families" generated a backlash and consumer boycott that cost billions in losses, American First Legal said in a statement posted to X. America First Legal believes their action will serve as a "warning to publicly traded corporations' boards and management." CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER The lawsuit will move forward as "Merry Christmas" have been spotted in Target locations across the country, appearing to end the push for LGBT-themed holiday decorations. Nice job @Target ! Merry Christmas! 🎅🏻🎄🇺🇸 this was taken inside the store in Falls Church, Virginia. #merrychristmas #tistheseason #blackfriday #shopping #retail #holidays pic.twitter.com/aaOItufMZK — Maria Leaf (@MariaLeaf) Last year, the company's Christmas products included gay Santas and LGBT-themed nutcrackers .

US President-elect Donald Trump on Monday praised Japan's SoftBank for its decision to invest $100 billion in the United States and create 100,000 new jobs, a big win for his incoming administration. "This historic investment is a monumental demonstration of confidence in America's future," Trump said during a press conference at his Mar-a-Lago residence in Florida, flanked by SoftBank chief executive Masayoshi Son. "It will help ensure that artificial intelligence, emerging technologies and other industries of tomorrow are built, created and grown right here in the USA," added Trump, who takes office from US President Joe Biden next month. Speaking alongside Trump, Son confirmed the investment company's financial commitment, adding that Trump's victory had "tremendously increased" his confidence in the US economy. "I am truly excited to make this happen," added Son, 67. Son's announcement is around double the amount he committed SoftBank to in December 2016, shortly before Trump began his first term as president. The Japanese investment holding company ultimately parted with around $100 billion through its Vision Fund, with much of the money supplied by sovereign wealth funds in Saudi Arabia and the United Arab Emirates. "President Trump is a double-down president," Son said on Monday, adding: "I'm going to have to double down." Son made his name with successful early investments in Chinese e-commerce titan Alibaba and internet pioneer Yahoo, but has also bet on catastrophic failures such as WeWork. He has repeatedly said that "artificial superintelligence" will arrive in a decade, bringing new inventions, new medicine, new knowledge and new ways to invest. The SoftBank Group posted a bumper second-quarter net profit last month, returning to the black after net losses in the first quarter and the previous financial year. The company indicated back in March that it had $26 billion ready to be deployed for new investments. Stephen Moore, an economic advisor to Donald Trump, said the announcement marked a "great day." "The importation of capital into the US is a huge leading indicator for jobs and prosperity to come," Moore, an economist at the conservative Heritage Foundation, told AFP in a message. On the campaign trail, Trump pledged to boost the US economy by cutting red tape and fast-tracking investments, including into the oil and gas sector. US financial markets surged following his victory on November 5, with the tech-rich Nasdaq Composite index and the broad-based S&P 500 both hitting fresh records. Despite the enthusiasm in the markets, some analysts have voiced concern that Trump's proposals to implement new tariffs on US imports and deport millions of undocumented workers could end up hurting growth, and causing a spike in inflation. "The increased likelihood of substantial new tariffs on US imports would have the most consequential effect on economic growth," economists at Wells Fargo wrote in a recent note to clients, adding they had "bumped up" their inflation outlook and slightly cut their GDP forecast following Trump's win. Other analysts say the impact of Trump's tariff plans will largely depend on how they are actually implemented. "The impact on inflation need not be particularly significant for monetary policy," economists at Goldman Sachs wrote in a recent investor note. But, they added "this could change if the White House imposes a 10 percent universal tariff," referring to one of Trump's proposals on the campaign trail. Speaking in Mar-a-Lago on Monday, Trump insisted that, "properly used," tariffs would be positive for the US economy. "Our country right now loses to everybody," he said. "Almost nobody do we have a surplus with." "Tariffs will make our country rich," he added. da-tu/nro

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MONTEVIDEO, Uruguay (AP) — The European Union reached a blockbuster free trade agreement Friday with Brazil, Argentina and the three other South American nations in the Mercosur trade alliance, capping a quarter-century of on-off negotiations even as France vowed to derail the contentious accord . Provided it is ratified, the accord would create one of the world’s largest free trade zones, covering a market of 780 million people that represents nearly a quarter of global gross domestic product. The accord’s proponents in Brussels say it would save businesses some $4.26 billion in duties each year, slashing red tape and removing tariffs on products like Italian wine, Argentine steak, Brazilian oranges and German Volkswagens. Its critics in France, the Netherlands and other countries with big dairy and beef industries say the pact would subject local farmers to unfair competition and cause environmental damage . From Uruguay, the host of the Mercosur summit, European Commission President Ursula von der Leyen hailed the deal as a “truly historic milestone” at a time when global protectionism is on the rise. “I know that strong winds are blowing in the opposite direction, toward isolation and fragmentation, but this agreement is our clear response,” von der Leyen said, an apparent reference to U.S. President-elect Donald Trump’s vows to protect American workers and goods. Under pressure from his country’s powerful and vocal farming lobby, French President Emmanuel Macron said Friday the deal remained “unacceptable” as it stands and stressed that governments have not yet seen “the final outcome” of negotiations. “The agreement has neither been signed nor ratified. This is not the end of the story,” Macron’s office said, adding that France demands additional safeguards for farmers and commitments to sustainable development and health controls. For France to block the deal, it would need the support of three or more other EU member states representing at least 35% of the bloc’s population. The French government, which has been rallying countries to oppose the pact, named Austria, Belgium, Italy, the Netherlands and Poland as other wary states that share French concerns about the deal. To take effect, the pact must also be endorsed by the European Parliament. In remarks aimed at her “fellow Europeans,” and perhaps in particular French skeptics, von der Leyen promised the accord would boost 60,000 businesses through lower tariffs , streamlined customs procedures and preferential access to raw materials otherwise supplied by China. “This will create huge business opportunities,” von der Leyen said. She then turned to address European farmers who fear that an influx of cheap food imports will jeopardize their livelihoods. South American countries do not have to adhere to the same standards for animal treatment and pesticide use. “We have heard you, listened to your concerns, and we are acting on them,” von der Leyen said. Outrage over environmental rules, rising costs and unregulated imports has unleashed massive farmers’ protests across the continent over the past year. Leaders on both sides of the Atlantic who long have pushed for the deal praised the announcement Friday, welcoming the results as a boon for export industries. It marks the first major trade agreement for Mercosur, which is comprised of Argentina, Brazil, Uruguay, Paraguay and, newly, Bolivia. The bloc had previously only managed to conclude free-trade deals with Egypt, Israel and Singapore. “An important obstacle to the agreement has been overcome,” said Chancellor Olaf Scholz of Germany, where the nation’s vaunted car industry is poised to profit. From Spain, Prime Minister Pedro Sánchez called the agreement “an unprecedented economic bridge.” At the Mercosur summit in Uruguay’s capital of Montevideo, Brazil’s President Luiz Inacio Lula da Silva praised “a modern and balanced text which recognizes Mercosur’s environmental credentials.” “We are securing new markets for our exports and strengthening investment flows,” he said. The Brazilian Trade and Investment Promotion Agency said it expects the pact to boost the nation’s Europe-bound exports by $7 billion. Libertarian President Javier Milei of Argentina described the accord as aligning with his free market principles. Argentines are excited about selling more beef and agricultural products in the EU. The deal is the product of 25 years of painstaking negotiations , dating back to a Mercosur summit in Rio de Janeiro in 1999. Talks collapsed over differences in economic priorities , regulatory standards and agricultural policies. The rise of protectionist tendencies also repeatedly upended hopes. Momentum picked up in 2016, as former President Trump imposed harsh tariffs on Europe. At the same time, market-friendly governments came to power in South America’s biggest economies, Brazil and Argentina, which had been closed for years. In June 2019, negotiators announced a deal that included provisions for tariff reductions and commitments to environmental standards. But it was never implemented. In Brazil, the region’s economic powerhouse, right-wing former President Jair Bolsonaro in Brazil, presided over record levels of deforestation in the Amazon , prompting EU governments to demand tougher sustainability criteria . In Argentina, a new left-wing protectionist government opposed the deal. But things picked up as the region’s politics shifted again in 2023. Brazil’s President Lula rode to power on pledges to rein in illegal logging , soothing concerns that the pact could accelerate deforestation . Argentina’s Milei is working to open the nation’s notoriously closed and crisis-stricken economy. But if past EU trade agreements are any indication, ratification could take years. “We celebrate it, but it’s still far from reality,” Milei said of the accord. In 2016, the EU and Canada signed a pact, known as the Comprehensive Economic and Trade Agreement, or CETA, but the approval process is still lumbering along. Germany’s parliament only signed off on that pact two years ago, and the French Senate rejected it in March this year . “Anyone with any memory is skeptical,” said Brian Winter, a vice president of the New York-based Council of the Americas. “They have trotted out leaders and declared victory and celebrated, and yet there always seems to be a hitch.” DeBre reported from Buenos Aires, Argentina. Associated Press writers Mauricio Savarese in São Paulo, David Biller in Rio de Janeiro, Lorne cook in Brussels and Sylvie Corbet in Paris contributed to this report.10 best casino sites 。

MRI could be key to understanding the impact a gluten free diet has on people with Celiac disease December 6, 2024 University of Nottingham Experts have used magnetic resonance imaging (MRI) to better understand the impact a gluten free diet has on people with celiac disease, which could be the first step towards finding new ways of treating the condition. Celiac disease is a chronic condition affecting around one person in every 100 in the general population. When people with celiac disease eat gluten, which is found in pasta and bread, their immune system produces an abnormal reaction that inflames and damages the gut tissue and causes symptoms such as abdominal pain and bloating. Facebook Twitter Pinterest LinkedIN Email Experts have used magnetic resonance imaging (MRI) to better understand the impact a gluten free diet has on people with coeliac disease, which could be the first step towards finding new ways of treating the condition. The MARCO study -- MAgnetic Resonance Imaging in COliac disease -- which is published in Clinical Gastroenterology and Hepatology ( CGH ), was led by experts from the School of Medicine at the University of Nottingham, alongside colleagues at the Quadram Institute. Coeliac disease is a chronic condition affecting around one person in every 100 in the general population. When people with coeliac disease eat gluten, which is found in pasta and bread, their immune system produces an abnormal reaction that inflames and damages the gut tissue and causes symptoms such as abdominal pain and bloating. The only treatment is a life- long commitment to a gluten free diet, which helps recovery of the gut tissue but still leaves many patients with gastrointestinal symptoms. Luca Marciani, Professor of Gastrointestinal Imaging at the University, led the study. He said: "Despite being a common chronic condition, we still don't precisely know how coeliac disease affects the basic physiological functioning of the gut and how the gluten free diet treatment may further change this. "We launched the MARCO study to try and address this issue, by using MRI along with gut microbiome analysis to give us new insights into how a gluten-free diet affects people with coeliac disease." The team recruited 36 people who had just been diagnosed with coeliac disease and 36 healthy volunteers to participate in the study. Images were taken of their guts with MRI, along with blood and stool samples. The patients then followed a gluten free diet for one year and came back to repeat the study. The healthy participants came back one year later too and repeated the study, but they did not follow any diet treatment. The study found that the newly diagnosed patients with coeliac disease had more gut symptoms, more fluid in the small bowel and that the transit of food in the bowel was slower than in the healthy controls. The microbiota (the 'bugs' living in the colon) of the patients showed higher levels of 'bad bugs' such as E.coli . After one year of a gluten free diet, gut symptoms, bowel water and gut transit improved in the patients, but without returning to normal values. By contrast, the gluten free diet reduced some of the 'good bugs' in the microbiota, such as Bifidobacteria associated with reduced intake of starch and wheat nutrients, due to the different diet. The patient study was conducted by Radiographer Dr Carolyn Costigan, from Nottingham University Hospitals, as part of her PhD studies at the University of Nottingham. Professor Marciani said: "It was particularly interesting to see how the imaging results on gut function correlated with changes in the 'bugs' in the colon microbiota. The findings increase our understanding of gut function and physiology in coeliac disease and open the possibility of developing prebiotic treatments to reverse the negative impact of the gluten free diet on the microbiome." Dr Frederick Warren from the Quadram Institute said: "This study is the result of an exciting and innovative research collaboration bringing together medical imaging technology and gut microbiome analysis. We provide important insights which pave the way for future studies which may identify novel approaches to alleviate long-term symptoms in coeliac patients." Story Source: Materials provided by University of Nottingham . Note: Content may be edited for style and length. Journal Reference : Cite This Page :FIVE people have reportedly been charged over Liam Payne's death in Argentina. One of these people included the pop star's pal Roger Nores and hotel staff local reports have claimed. Two of these people have been remanded in custody, according to Argentinian news site Infobae. Liam's pal Rogelio, who said he left the hotel around an hour before the musician horror plunge, was reportedly charged with negligent homicide. He has allegedly been banned from leaving the country. Earlier this month he reportedly refused to answer questions over Liam's death. He denied claims he abandoned Liam before he fell from his balcony at the CasaSur Palermo Hotel in Buenos Aires, Argentina . Businessman Nores told a documentary that Liam was “in good spirits and perfectly balanced” on the day he died. Braian Paiz, a waiter who allegedly admitted to doing drugs with the singer was charged with supplying narcotics for payment. Ezequiel Pereyra, a hotel employee, was also reportedly charged with supplying drugs. Managers of the CasaSur Palermo hotel, Gilda Martín and Esteban Grassi, have allegedly been charged with manslaughter. These five people have reportedly been summoned to appear at an Argentine court. Liam died on October 16 after falling from a hotel balcony in Argentina. He had been in the country to renew his US visa having relocated to Florida with his girlfriend, American influencer Kate Cassidy . Kate had returned home early after feeling homesick, a few days before he plunged to his death in Buenos Aires. The toxicological exams revealed traces of alcohol, cocaine and prescribed antidepressants’ in his body at the time of death. Shortly before his death, Liam was seen "behaving erratically", and witnesses claimed he had to be carried back to his room after smashing his laptop. The autopsy found that he’d died from external bleeding and multiple injuries following his fall from the third-floor balcony of the CasaSur hotel in the smart neighbourhood of Palermo. Liam's funeral was held in November in his hometown of Amersham, and saw his family and friends, including his former bandmates, in attendance. SHOCKED friends, family and fans have paid heartbreaking tributes to Liam as news of the singer's death circulated across the world. Harry Styles’ mum Anne was among the first from One Direction's camp to share her reaction, posting a photo of Liam and writing 'Just a boy...' alongside a broken heart emoji. Britain's Got Talent judge Amanda Holden shared an image of the pair together with the words: "Such an awful tragedy. "Sending love to his family and all those who loved him." X Factor star Olly Murs told fans he was "devastated" and "lost for words". He wrote on social media: “Liam shared the same passions as me, the same dreams so to see his life now end so young hits hard, I’m truly gutted and devastated for his Family and of course his son Bear losing a dad x". Liam Gallagher said he was "very sad" and told his followers on X: "Life is precious Kids, you only get to do it once, go easy." Former X Factor presenter Dermot O’Leary has also expressed his shock and spoke on This Morning today. He said: “I remember him as a 14 year old turning up to audition on The X Factor, and blowing us away singing Sinatra. He just loved to sing. “He was always a joy, had time for everyone, polite, grateful, and was always humble.” BBC Radio 2 presenter Zoe Ball reacted to the "devastating news" on her show today and told fans she hugged her own son Woody tight this morning. JLS band member Marvin Humes reflected on his memories with the singer, sharing: "I first met Liam in 2008 with the JLS boys whilst auditioning for X Factor..he was 14 years old.. "We instantly clicked and looked at him as a little brother..that year it worked out for us but not for him and then 2 years later he went back to audition and One Direction was born..the rest is history.. "Absolutely heartbroken by the tragic news..Liam you wanted to be a global superstar and you did it bro..just can’t believe that things have ended this way..it’s shocking..my thoughts and prayers are with all your family and friends brother..RIP." Niall Horan's brother Greg shared an emotional tribute to Liam, praising him as a "top young man". He added: "You will be forever missed. Liam, words can’t describe how much I want to grab my brother and mind him now while the world shows their memories of you and him and the boys. "My heart goes out to your family parents and sisters and your son Bear and your 1D brothers. "10th October we met and we started out that evening as 5 families into one big one 1D family thank you for all the laughs bro watch down on all your family and mind them lots of love kiddo x x x 1D 4 LIFE x x x" German DJ Anton Zaslavski , otherwise known as Zedd , has taken to X with a devastated statement. The producer, who worked with Liam on his 2017 hit Get Low, wrote: "RIP Liam... I can’t believe this is real...absolutely heartbreaking..." American singer, Charlie Puth , who was friends with Liam and also collaborated with him on a song called Bedroom Floor, has posted a series of Instagram stories dedicated to him. Alongside photos of the two of them together in their younger days, Charlie wrote: "I am in shock right now. Liam was always so kind to me. "He was one of the first major artists I got to work with. I can not believe he is gone... "I am so upset right now, may he rest in peace. I am so sorry..." Irish singer duo Jedward also took to social media, saying: "RIP Liam Payne. Condolences to friends and family." In another tweet, they added: "Sending strength to Cheryl and his son Bear. And all the One direction Family. RIP Liam Payne." American media personality Paris Hilton shared: "So upsetting to hear the news of Liam Payne passing. Sending love and condolences to his family & loved ones. RIP my friend." ITV weather presenter Alex Beresford shared a news video about Liam's tragic death on Instagram, adding: "Can't believe this! RIP Liam." For the latest news on this story keep checking back at Sun Online, where we will bring you live updates as soon as they happen, before anyone else.

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Braith Anasta, 42, wraps up his 'toolies' getaway as he parties it up at a Bali beach club during Schoolies weekKING OF PRUSSIA, PA — Change has finally come to the notorious Schuylkill Expressway. For decades, the 14-mile stretch of I-76 between King of Prussia and Philadelphia has frustrated drivers with its constant traffic jams, rear-end crashes, and endless delays. But now, thanks to cutting-edge technology rolled out by PennDOT , movement on this critical corridor is faster, safer, and even better for the environment. Here’s the breakthrough PennDOT has brought to the table. Over the last few years, the agency installed 72 Variable Speed Limit (VSL) signs paired with a real-time Queue Warning (QW) system . Together, these systems are transforming the way we think about highway driving. The VSL signs dynamically adjust speed limits based on conditions like traffic volume or weather, while QW signs warn drivers of upcoming congestion before it’s too late. The result? Smarter, smoother, and safer roads. The numbers speak for themselves. Comparing data from 2022 and 2023 to pre-pandemic averages (2015-2019), crashes have plummeted. Overall accidents are down by an incredible 22%, while rear-end collisions—the hallmark of stop-and-go traffic hell—have dropped a staggering 32%. Most importantly, serious injuries have fallen by a jaw-dropping 62%! Din Abazi, PennDOT District 6 Executive, put it bluntly, “The active traffic management tools we have invested in on I-76 are saving lives.” That statement isn’t hyperbole. It’s saving lives to the tune of fewer crashes per year and shorter hospital stays for those caught in them. But this isn’t just about safety. It’s about reclaiming lost time and creating a better experience for the roughly 100,000 drivers who rely on I-76 every single day. PennDOT reports that travel times in 2023 have improved significantly. Evening eastbound commuters now shave off four precious minutes during peak hours, while westbound morning travelers save two minutes. That adds up to not just less wasted time but also meaningful economic gains—$46.8 million a year in savings from fewer crashes and delays. There’s also a major win for the environment. Stop-and-go traffic doesn’t just fray your nerves—it’s a disaster for air quality. But by reducing those frustrating traffic bottlenecks, PennDOT’s new systems are cutting emissions by an estimated 3,140 tons annually, according to the Federal Highway Administration’s emissions calculator. Here’s how it all works. The VSL system adjusts speed limits dynamically, with speeds ranging between 35 mph and 55 mph in most areas of the corridor. These adjustments aren’t arbitrary; they’re based on real-time conditions monitored through advanced road sensors. When drivers encounter a lower speed limit, it’s not there as a suggestion—it’s a directive intended to help them avoid sudden congestion just a mile or two down the road. Meanwhile, the Queue Warning system ensures drivers don’t stumble blindly into gridlock. Electronic message boards flash warnings and help motorists maintain safer stopping distances, making pileups less likely. These aren’t experimental gadgets—they’re proven tools that the data shows are keeping more lanes open, more of the time. This overhaul is just the beginning of what PennDOT envisions as a long-term strategy to transform the Schuylkill Expressway. Upcoming improvements, planned for 2026, include emergency pull-off zones, flexible lane configurations, and even multimodal upgrades that integrate parallel roads and public transit systems more effectively. PennDOT isn’t backing down—they’re using data to refine and adapt these technologies, ensuring the systems continue optimizing traffic flow and safety conditions as vehicle volumes inevitably increase. Since 2021, traffic on the Schuylkill has already surpassed pre-pandemic levels, carrying 10% more vehicles than in 2019. Yet thanks to these technological advancements, drivers are experiencing fewer headaches than they did five years ago. This isn’t just about making life easier for commuters—it’s about broader impacts on communities and the environment. Faster commute times mean less stress for drivers, more time spent with family, and greater productivity at work. Fewer accidents mean millions saved in healthcare and insurance costs. Cleaner air benefits everyone, cutting down on pollution-related health issues in the region’s population centers. But perhaps most importantly, this initiative serves as a model for how technology can tackle entrenched transportation challenges. The Schuylkill Expressway is notorious for its complexity—handling commuter traffic, commercial vehicles, and everything in between on a narrow, aging corridor. If PennDOT can make meaningful progress here, what’s stopping other states from following suit? PennDOT’s advancements on I-76 are more than just a win for Pennsylvania—they’re a roadmap for how we can reimagine our infrastructure to be smarter, safer, and more sustainable. For once, progress on the Schuylkill isn’t just about getting from point A to B—it’s about the future of how we move as a society. Want to stay ahead of traffic? Visit the MyChesCo Traffic Center for real-time traffic updates, expert insights, and the latest news on how technology is transforming our roads. Don’t get stuck—plan smarter and drive safer today! For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN .

( MENAFN - GetNews) TimeTree stands at the forefront of global innovation, transforming how individuals and organizations connect through shared schedules. Trusted by over 60 million users worldwide, its groundbreaking Public Calendar feature elevates collaboration by offering an open platform for effortlessly sharing schedules, updates, and events. Enhancing Citizen's Participation and Connectivity In one local government, Japan, TimeTree's Public Calendar has been adopted as the official city calendar, exemplifying its transformative impact. By providing real-time access to cultural events, public service updates and others, the platform empowers both residents and visitors to stay informed. With a single, accessible interface, the local government fosters stronger connections within its community, enhancing both convenience and civic pride. Revolutionizing with Retail Giants TimeTree has also made waves in the e-commerce sector, particularly through its integration with major e-commerce companies in Japan, it utilizes TimeTree's Public Calendar to centralize promotional events, sales, and customer engagement strategies. By offering tailored calendars, retail giant companies create a seamless shopping experience that boosts participation and conversion rates. This innovative use showcases TimeTree's potential to blend customer-centric solutions with measurable business outcomes. Transforming Entertainment and Fan Engagement In the entertainment industry, TimeTree has become an indispensable tool for Japanese idol groups, helping them connect with fans on a deeper level. Public Calendars enable fans to track concert dates, fan meetings, and special events in real time, ensuring they never miss a moment. The platform's versatility shines further through its partnership with TVer, Japan's leading OTT service boasting over 20 million monthly active users. With the creation of a“Drama Calendar,” viewers can now easily follow premiere dates. This innovation not only enhances viewer retention but also underscores TimeTree's ability to redefine audience engagement across industries. Pioneering AI-Powered Personalization TimeTree isn't just content with transforming today's scheduling. Its AI-powered Calendar concept is being considered and will introduce a new level of personalization, tailoring users' schedules to their unique lifestyles. From managing vaccination reminders for young parents to curating to-do lists for major life events, TimeTree elevates calendars into intuitive, proactive personal assistants. Building Bridges Across Sectors and Cultures TimeTree's Public Calendar is more than a tool; it's a catalyst for connection and growth. Governments, businesses, and communities are leveraging the platform to streamline communication, foster engagement, and enhance efficiency. Its ability to bridge gaps between diverse groups demonstrates its universal appeal and unmatched utility. A Vision for the Future As TimeTree continues to innovate, it remains steadfast in its mission to transform shared schedules into powerful engines for collaboration and connection. Its commitment to accessibility and cutting-edge technology ensures it will remain an essential resource for communities and businesses worldwide. TimeTree is not just managing schedules-it's creating a new paradigm for how we organize, connect, and thrive together. TimeTree's next goal is to reach 100 million users by 2026. TimeTree, which started in Japan, is now on the verge of full-scale global growth. This is why TimeTree, which connects people and societies through time, and its journey of innovation is even more anticipated from now on. Android: IOS: How to use: MENAFN16122024003238003268ID1108999913 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.A lawsuit accusing Target of misleading shareholders following sales of its 2023 Pride Collection is set to move forward after the retail giant failed to have it dismissed in a Florida court. The lawsuit had enough information to back accusations that Target deceived investors and customers about the social and political risks to the Pride-themed push, according to a report citing U.S. District Judge John Badalamenti. The retail giant concentrated on LGBT -centered activism while overlooking serious negative responses to the 2023 campaign, the suit alleges. “A lawsuit against Target over its controversial 2023 Pride Collection can move forward, a Florida judge has ruled... ‘Target embraced a radical transgender agenda targeting children and families through the corporation’s infamous 2023 “Pride” campaign,’ conservative group... pic.twitter.com/m23mdUOX8K — America First Legal (@America1stLegal) "Target assured shareholders that it was monitoring for political and social issues and risks that could arise as a result of the ESG and DEI policies. However, management only cared when leftist 'stakeholders' cared about these business decisions," a statement from America First Legal, the conservative group that filed the lawsuit in August 2023, read. "Following Target's May 2023 embrace of the radical transgender agenda, Target shares have seen more than a $12 billion collapse in value, the largest stock price decline in over 20 years." Target's campaign toward a "radical transgender agenda targeting children and families" generated a backlash and consumer boycott that cost billions in losses, American First Legal said in a statement posted to X. America First Legal believes their action will serve as a "warning to publicly traded corporations' boards and management." CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER The lawsuit will move forward as "Merry Christmas" have been spotted in Target locations across the country, appearing to end the push for LGBT-themed holiday decorations. Nice job @Target ! Merry Christmas! 🎅🏻🎄🇺🇸 this was taken inside the store in Falls Church, Virginia. #merrychristmas #tistheseason #blackfriday #shopping #retail #holidays pic.twitter.com/aaOItufMZK — Maria Leaf (@MariaLeaf) Last year, the company's Christmas products included gay Santas and LGBT-themed nutcrackers .

US President-elect Donald Trump on Monday praised Japan's SoftBank for its decision to invest $100 billion in the United States and create 100,000 new jobs, a big win for his incoming administration. "This historic investment is a monumental demonstration of confidence in America's future," Trump said during a press conference at his Mar-a-Lago residence in Florida, flanked by SoftBank chief executive Masayoshi Son. "It will help ensure that artificial intelligence, emerging technologies and other industries of tomorrow are built, created and grown right here in the USA," added Trump, who takes office from US President Joe Biden next month. Speaking alongside Trump, Son confirmed the investment company's financial commitment, adding that Trump's victory had "tremendously increased" his confidence in the US economy. "I am truly excited to make this happen," added Son, 67. Son's announcement is around double the amount he committed SoftBank to in December 2016, shortly before Trump began his first term as president. The Japanese investment holding company ultimately parted with around $100 billion through its Vision Fund, with much of the money supplied by sovereign wealth funds in Saudi Arabia and the United Arab Emirates. "President Trump is a double-down president," Son said on Monday, adding: "I'm going to have to double down." Son made his name with successful early investments in Chinese e-commerce titan Alibaba and internet pioneer Yahoo, but has also bet on catastrophic failures such as WeWork. He has repeatedly said that "artificial superintelligence" will arrive in a decade, bringing new inventions, new medicine, new knowledge and new ways to invest. The SoftBank Group posted a bumper second-quarter net profit last month, returning to the black after net losses in the first quarter and the previous financial year. The company indicated back in March that it had $26 billion ready to be deployed for new investments. Stephen Moore, an economic advisor to Donald Trump, said the announcement marked a "great day." "The importation of capital into the US is a huge leading indicator for jobs and prosperity to come," Moore, an economist at the conservative Heritage Foundation, told AFP in a message. On the campaign trail, Trump pledged to boost the US economy by cutting red tape and fast-tracking investments, including into the oil and gas sector. US financial markets surged following his victory on November 5, with the tech-rich Nasdaq Composite index and the broad-based S&P 500 both hitting fresh records. Despite the enthusiasm in the markets, some analysts have voiced concern that Trump's proposals to implement new tariffs on US imports and deport millions of undocumented workers could end up hurting growth, and causing a spike in inflation. "The increased likelihood of substantial new tariffs on US imports would have the most consequential effect on economic growth," economists at Wells Fargo wrote in a recent note to clients, adding they had "bumped up" their inflation outlook and slightly cut their GDP forecast following Trump's win. Other analysts say the impact of Trump's tariff plans will largely depend on how they are actually implemented. "The impact on inflation need not be particularly significant for monetary policy," economists at Goldman Sachs wrote in a recent investor note. But, they added "this could change if the White House imposes a 10 percent universal tariff," referring to one of Trump's proposals on the campaign trail. Speaking in Mar-a-Lago on Monday, Trump insisted that, "properly used," tariffs would be positive for the US economy. "Our country right now loses to everybody," he said. "Almost nobody do we have a surplus with." "Tariffs will make our country rich," he added. da-tu/nro

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