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nn777 casino login download AN economic blogger recently made a comparative chart of the global economy that was measured using two benchmarks: nominal gross domestic product (GDP) and market capitalization. The key assertation in that blog is what many of us have known all along: while the United States accounts for just a quarter of global productivity (roughly $26 trillion of GDP), it holds such an immense grip on the flow of global private capital, the equivalent of out-of-bounds, over-the-top enthusiasm for US equities on a global scale. Based on a measurement weighted by market capitalization, the US dominates the rest of the world with more than 65 percent of the total stock market. Japan and the United Kingdom trailed far behind with just over 4 percent and 2 percent, respectively. Let that sink in: the US has almost a 70-percent share of global equities with just a quarter of global productivity. China, the world's second-biggest economy with an annual GDP of $16 trillion, is hardly a player when the global economy is weighted based on market capitalization. Register to read this story and more for free . Signing up for an account helps us improve your browsing experience. OR See our subscription options.War out in the open over H1-B visa stance: Elon Musk says, hateful unrepentant racists must be removed from Republican Party

Modi-Factor Continues To Steam Roll Everyone in 2024 | ExplainedS ince the dawn of civilisation, bells have chimed for the benefit of communities the world over. A bell can symbolise the commencement or the end of an event. It can call to order, give a command, provide a warning and even convey a message. In his metaphysical poem, For Whom the Bell Tolls , John Donne used the tolling of a church bell to express the idea of interconnectedness of humanity. Edgar Allen Poe’s poem The Bells depicts the different sounds of bells and the events they symbolise. There is a popular legend about the Tamil king Manuneeethi Cholan who had hung a giant bell within his palace for anyone needing justice. Apart from the large temple and church bells, there is a wide range of smaller bells commonly used from alarm clock to fire alarms. My childhood days was filled with the tintinnabulations of the bell toys and wonderful nursery rhymes like Jingle bells. I also grew up with the sound of sublime prayer bells at home. However, the one that made a lasting impression on me was my school bell. It was a simple device: a piece of iron bar suspended from a wooden beam which would be struck with a hammer by our school peon, Perumal. Every 45 minutes when the bell rang, we picked up our stuff, and scurried on to our next class. Our first lessons in time management perhaps were rendered to us by this bell which was initially not a friendly sort of sound, but later became a part of our growing years. At the end of the evening session, the much-awaited moment was that of the school peon, Perumal going towards the bell with his hammer, to ring the long bell which meant that we were free to go home. After I moved to the school hostel, the dinner bell became the most welcome one. The other bells that interested me in my early days were the calling bell in offices and the door bell at homes. Those days, only the head of an office sitting in an air- conditioned room used an electric calling bell. Other officers had on their tables calling bells to be pressed to create a tinkling sound to call the peons. They had several bell codes. One of my colleagues had instructed his peon that, whenever there were visitors in his room, and he pressed the bell once and asked for tea, he should bring tea for all in the room. If he pressed the bell twice and asked for tea, the peon need not bring anything till the visitors left. Knocking on the door with one’s knuckles has been the traditional practice followed by one calling on someone else’s dwelling. Most of the knocking sounds are recognizable by the inmates of a house. If a knock sounds somewhat unfamiliar, the household ignores it and the unwanted visitor gets away. The system of door bell which is popular now is relatively of recent origin. The doorbells range from jarring buzzers to chimes that produce musical notes. Smart video door bell possessed by a relatively small number of people, is a sign of class and upward mobility. While a buzzer sound is aggressive, demanding immediate attention, a musical bell seems to politely ask: “Could you please open the door”. I have noticed many prefer to knock or call “Sir”, rather than use the bell. It is partly due to the habit of not looking for the bell and partly due to out-of-order bells they encounter. All said and done, a bell, big or small, plays a key role in our lives and deserves to be called an ordinary thing which is extraordinary. ramaraon2014@gmail.com Published - November 24, 2024 02:43 am IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit

Mahira and Adeel recreate ‘Shakar Wandaan’ at Sheheryar Munawar’s weddingOgbonna accounts for 5 TDs, Henderson runs for 185 yards and Buffalo beats winless Kent State 43-7

Vance takes on a more visible transition role, working to boost Trump’s most contentious picksprice extended its gains for the fourth consecutive day, clearing on its way to the 50-day Simple Moving Average (SMA) as the escalation of the Russia-Ukraine conflict augments demand for the safe-haven metal. The XAU/USD trades at $2,672 at around weekly highs, gaining over 0.80%. Fears that Russia launched an Inter-Continental Ballistic Missile (ICBM) on Ukraine heightened tensions in Eastern Europe. However, according to Reuters citing a Western official, they did not use an ICBM on Thursday. Consequently, the golden metal rose above the 50-day SMA, which is at $2,660, amid firm US Treasury yields and a bid . On the data front, last week's US Initial Jobless Claims hinted that the labor market remains strong, suggesting the (Fed) could achieve a soft landing. Other data was not encouraging, like the Philadelphia Fed Manufacturing Index, which plunged to -5.5 in November, beneath October’s 10.3 reading. Aside from this, Fed speakers crossed the wires. The New York Fed’s John Williams commented that the disinflationary process continues and added that the fed funds rate will be lower by the end of 2025. Chicago’s Fed Chairman Austan Goolsbee echoed some of his comments. He repeated what he has said lately, supporting lower interest rates, but he opened the door to slowing the pace of easing policy. Traders trimmed the chances for a 25 bps rate cut at the December meeting. The CME FedWatch Tool sees a 56% probability of lowering , down from a 58% chance two days ago. Ahead , the economic docket will feature Fed speakers and the University of Michigan (UoM) Consumer Sentiment data in the US. Daily digest market movers: Gold reaches a new weekly high amid escalation of Russia-Ukraine conflict Technical outlook: Gold price clears the 50-day SMA The uptrend in Gold prices is set to continue, with the non-yielding metal set to trade within the $2,660-$2,700 range. A breach of the latter will expose the November 7 high of $2,710, followed by the psychological $2,750 figure. Once those two levels are removed, up next lies the all-time peak at $2,790. Conversely, sellers will have the upper hand if the non-yielding metal drops below the 50-day SMA at $2,658. Once surpassed, up next would be $2,600, followed by the 100-day Simple Moving Average (SMA) at $2,550. Bears could target the November 14 swing low of $2,536, followed by XAU/USD diving to $2,500. The Relative Strength Index (RSI) has shifted to a bullish bias, indicating buyers are in charge. Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government. Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves. Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal. The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.

By JILL COLVIN and STEPHEN GROVES WASHINGTON (AP) — After several weeks working mostly behind closed doors, Vice President-elect JD Vance returned to Capitol Hill this week in a new, more visible role: Helping Donald Trump try to get his most contentious Cabinet picks to confirmation in the Senate, where Vance has served for the last two years. Vance arrived at the Capitol on Wednesday with former Rep. Matt Gaetz and spent the morning sitting in on meetings between Trump’s choice for attorney general and key Republicans, including members of the Senate Judiciary Committee. The effort was for naught: Gaetz announced a day later that he was withdrawing his name amid scrutiny over sex trafficking allegations and the reality that he was unlikely to be confirmed. Thursday morning Vance was back, this time accompanying Pete Hegseth, the “Fox & Friends Weekend” host whom Trump has tapped to be the next secretary of defense. Hegseth also has faced allegations of sexual assault that he denies. Vance is expected to accompany other nominees for meetings in coming weeks as he tries to leverage the two years he has spent in the Senate to help push through Trump’s picks. Vice President-elect JD Vance, still a Republican senator from Ohio, walks from a private meeting with President-elect Donald Trump’s nominee to be attorney general, former Rep. Matt Gaetz, R-Fla., at the Capitol in Washington, Wednesday, Nov. 20, 2024. (AP Photo/J. Scott Applewhite) President-elect Donald Trump’s nominee to be attorney general, former Rep. Matt Gaetz, R-Fla., center, and Vice President-elect JD Vance, left, walk out of a meeting with Republican Senate Judiciary Committee members, at the Capitol in Washington, Wednesday, Nov. 20, 2024. (AP Photo/Ben Curtis) FILE – Sen. JD Vance, R-Ohio, departs the chamber at the Capitol in Washington, March 15, 2023. (AP Photo/J. Scott Applewhite, File) FILE – Sen. JD Vance, R-Ohio, center speaks during a Senate Banking Committee hearing on Capitol Hill in Washington, March 7, 2023. (AP Photo/Andrew Harnik, File) FILE – Sen. JD Vance, R-Ohio, right, speaks with Sen. Sherrod Brown, D-Ohio, before testifying at a hearing, March 9, 2023, in Washington. (AP Photo/Kevin Wolf, File) FILE – Sen. JD Vance, R-Ohio, arrives for a classified briefing on China, at the Capitol in Washington, Feb. 15, 2023. (AP Photo/J. Scott Applewhite, File) FILE – Sen. JD Vance, R-Ohio, arrives for a vote on Capitol Hill, Sept. 12, 2023 in Washington. (AP Photo/Mark Schiefelbein, File) FILE – Sen. JD Vance R-Ohio speaks during a news conference on Capitol Hill in Washington, Feb. 6, 2024. (AP Photo/Jose Luis Magana, File) Vice President-elect JD Vance, still a Republican senator from Ohio, walks from a private meeting with President-elect Donald Trump’s nominee to be attorney general, former Rep. Matt Gaetz, R-Fla., at the Capitol in Washington, Wednesday, Nov. 20, 2024. (AP Photo/J. Scott Applewhite) The role of introducing nominees around Capitol Hill is an unusual one for a vice president-elect. Usually the job goes to a former senator who has close relationships on the Hill, or a more junior aide. But this time the role fits Vance, said Marc Short, who served as Trump’s first director of legislative affairs as well as chief of staff to Trump’s first vice president, Mike Pence, who spent more than a decade in Congress and led the former president’s transition ahead of his first term. ”JD probably has a lot of current allies in the Senate and so it makes sense to have him utilized in that capacity,” Short said. Unlike the first Trump transition, which played out before cameras at Trump Tower in New York and at the president-elect’s golf club in Bedminster, New Jersey, this one has largely happened behind closed doors in Palm Beach, Florida. There, a small group of officials and aides meet daily at Trump’s Mar-a-Lago resort to run through possible contenders and interview job candidates. The group includes Elon Musk, the billionaire who has spent so much time at the club that Trump has joked he can’t get rid of him. Vance has been a constant presence, even as he’s kept a lower profile. The Ohio senator has spent much of the last two weeks in Palm Beach, according to people familiar with his plans, playing an active role in the transition, on which he serves as honorary chair. Vance has been staying at a cottage on the property of the gilded club, where rooms are adorned with cherubs, oriental rugs and intricate golden inlays. It’s a world away from the famously hardscrabble upbringing that Vance documented in the memoir that made him famous, “Hillbilly Elegy.” His young children have also joined him at Mar-a-Lago, at times. Vance was photographed in shorts and a polo shirt playing with his kids on the seawall of the property with a large palm frond, a U.S. Secret Service robotic security dog in the distance. On the rare days when he is not in Palm Beach, Vance has been joining the sessions remotely via Zoom. Though he has taken a break from TV interviews after months of constant appearances, Vance has been active in the meetings, which began immediately after the election and include interviews and as well as presentations on candidates’ pluses and minuses. Among those interviewed: Contenders to replace FBI Director Christopher Wray , as Vance wrote in a since-deleted social media post. Defending himself from criticism that he’d missed a Senate vote in which one of President Joe Biden’s judicial nominees was confirmed, Vance wrote that he was meeting at the time “with President Trump to interview multiple positions for our government, including for FBI Director.” “I tend to think it’s more important to get an FBI director who will dismantle the deep state than it is for Republicans to lose a vote 49-46 rather than 49-45,” Vance added on X. “But that’s just me.” While Vance did not come in to the transition with a list of people he wanted to see in specific roles, he and his friend, Trump’s eldest son, Donald Trump Jr., who is also a member of the transition team, were eager to see former Democratic Rep. Tulsi Gabbard and Robert F. Kennedy Jr. find roles in the administration. Trump ended up selecting Gabbard as the next director of national intelligence , a powerful position that sits atop the nation’s spy agencies and acts as the president’s top intelligence adviser. And he chose Kennedy to lead the Department of Health and Human Services , a massive agency that oversees everything from drug and food safety to Medicare and Medicaid. Vance was also a big booster of Tom Homan, the former acting director of Immigration and Customs Enforcement, who will serve as Trump’s “border czar.” In another sign of Vance’s influence, James Braid, a top aide to the senator, is expected to serve as Trump’s legislative affairs director. Allies say it’s too early to discuss what portfolio Vance might take on in the White House. While he gravitates to issues like trade, immigration and tech policy, Vance sees his role as doing whatever Trump needs. Vance was spotted days after the election giving his son’s Boy Scout troop a tour of the Capitol and was there the day of leadership elections. He returned in earnest this week, first with Gaetz — arguably Trump’s most divisive pick — and then Hegseth, who has was been accused of sexually assaulting a woman in 2017, according to an investigative report made public this week. Hegseth told police at the time that the encounter had been consensual and denied any wrongdoing. Vance hosted Hegseth in his Senate office as GOP senators, including those who sit on the Senate Armed Services Committee, filtered in to meet with the nominee for defense secretary. While a president’s nominees usually visit individual senators’ offices, meeting them on their own turf, the freshman senator — who is accompanied everywhere by a large Secret Service detail that makes moving around more unwieldy — instead brought Gaetz to a room in the Capitol on Wednesday and Hegseth to his office on Thursday. Senators came to them. Vance made it to votes Wednesday and Thursday, but missed others on Thursday afternoon. Vance is expected to continue to leverage his relationships in the Senate after Trump takes office. But many Republicans there have longer relationships with Trump himself. Sen. Kevin Cramer, a North Dakota Republican, said that Trump was often the first person to call him back when he was trying to reach high-level White House officials during Trump’s first term. “He has the most active Rolodex of just about anybody I’ve ever known,” Cramer said, adding that Vance would make a good addition. “They’ll divide names up by who has the most persuasion here,” Cramer said, but added, “Whoever his liaison is will not work as hard at it as he will.” Cramer was complimentary of the Ohio senator, saying he was “pleasant” and ” interesting” to be around. ′′He doesn’t have the long relationships,” he said. “But we all like people that have done what we’ve done. I mean, that’s sort of a natural kinship, just probably not as personally tied.” Under the Constitution, Vance will also have a role presiding over the Senate and breaking tie votes. But he’s not likely to be needed for that as often as was Kamala Harris, who broke a record number of ties for Democrats as vice president, since Republicans will have a bigger cushion in the chamber next year. Colvin reported from New York. Associated Press writer Mary Clare Jalonick contributed to this report.