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6,000 inmates escape from a high-security prison as post-election violence roils MozambiqueIt is exactly one week since the Maha Yuti was re-elected with a massive mandate (230 out of 288 seats) by the people of Maharashtra, but the government is still to be formed. Sources said the intense power struggle within the Sangh Parivar is the primary reason for the delay. The RSS wants Devendra Fadnavis as the CM. However, the senior leadership of the BJP wants a non-Brahmin (preferably a Maratha) as the CM. For the past several months, the RSS and the BJP leadership have not been able to see eye to eye on several issues. A clear indication of the ongoing tussle was the open statement by BJP president J.P. Nadda that the BJP does not need the support of the RSS anymore. The delay in selecting a CM for Maharashtra is yet another indication of this intra-Sangh Parivar struggle. Sanjay Shirsat, Shiv Sena MLA and close confidante of caretaker chief minister Eknath Shinde, told the FPJ on Saturday that "there is no problem from my party. It's the internal problem of the BJP (that it is unable to handpick a man for the chief ministership)." Asked if the delay is because of the Shiv Sena insisting on key portfolios like home and revenue, Shirsat said, "Ministry formation is a subsequent matter. Let the BJP first decide whom it wants as the chief minister. It is still to take a call on the issue." Shirsat later told a news channel that Shinde, who is currently sulking in his village in Satara, will make a "big announcement" on Sunday evening. He did not elaborate. Soon after the results were declared on November 23, Shinde had staked his claim to the CM's post even though the BJP had a standalone majority of 132 MLAs. His reasoning was that the crucial election was fought under his leadership and that he was the architect of the victory because of the hugely popular Ladki Bahin scheme. However, it is learnt that Union home minister Amit Shah shot down this idea since he was clear that a BJP man will be the CM. Shah asked Shinde to back down, following which a crestfallen Shinde held a press conference on Thursday at his Thane residence and meekly declared that he will abide by "whatever decision" the central leadership of the BJP takes. It was widely assumed in political circles that since Shinde has opted out of the race for the CM's gaddi, it is only a matter of time before the BJP declared the name of Fadnavis. However, that has not happened. For some strange reason, two senior leaders of the BJP appear to be not in favor of Fadnavis. "The fact of Fadnavis being a Brahmin cannot be the reason since after the 2014 polls he was appointed as the CM and allowed to complete his full five-year term. Was not the party leadership in Delhi then aware that he was a Brahmin?" a source in the RSS asked. A senior RSS activist said on condition of anonymity that the BJP leadership was being "over smart." "They think that they are doing something great by not selecting Fadnavis. The fact is that there is absolutely no logic in its thinking. Fadnavis is the choice of the rank and file of the BJP. The leaders concerned should keep that in mind," he added. Fadnavis was the architect of the downfall of the Uddhav Thackeray government in June 2022. It was then widely expected by BJP cadres that he would be rewarded with the CM's ship for pulling off a huge coup. But Fadnavis himself and the cadres were stunned when party president J.P. Nadda asked him to settle for deputy chief ministership and let Shinde take the reins as the CM. After initial resistance, Fadnavis took the setback in his stride and wholeheartedly worked for the success of the Maha Yuti. "If again he is given the short shrift, then it will have serious implications for the party." The names of two Maratha leaders of the BJP, Vinod Tawde and Murlidhar Mohol, were reportedly being considered for the top post. However, Mohol, who is close to Fadnavis, dismissed the speculation. As for Tawde, he does not have the political gravitas that Fadnavis does. What is worrying BJP cadres is that the delay in selecting the CM goes against the spirit of the assembly mandate. "If the start is itself so controversial, we do not know what will happen in the coming five years," a senior BJP leader observed.Millard South and Omaha Westside spent the previous few months making the regular season a formality. Now the game everyone has wanted to see is here. Incredible talent on the field for both sides and two head coaches who have pushed their programs to new heights. Primetime viewing at its finest. (Note: Journal Star rankings are used instead of playoff seeds.) Time and day: 7:15 p.m. Monday Place: Memorial Stadium TV: Nebraska Public Media No. 1 Millard South Record: 11-1 Coach: Ty Wisdom Road to the finals: First round — def. Papillion-La Vista South 56-19. Quarterfinals — def. Millard North 49-10. Semifinals — def. Kearney 49-14. People are also reading... State playoff appearances: 27 Finals appearances: Sixth Impact players QB Jett Thomalla, 6-4, 190, jr., 3,444 passing yards, 44 TDs; TE Chase Loftin, 6-6, 220, sr., 54 catches, 811 yards, 12 TDs; WR Amarion Jackson, 6-2, 185, jr., 48 catches, 733 yards, 7 TDs; TE Isaac Jensen, 6-6, 225, jr., 36 catches, 593 yards, 9 TDs; WR Aamir Hill, 5-8, 150, sr., 36 catches, 573 yards, 8 TDs; RB Gabriel Prucha, 5-11, 215, jr., 853 rushing yards, 17 TDs, 32 catches, 296 yards, 2 TDs. Millard South's Jett Thomalla throws the ball against Papillion-La Vista last month in Omaha. Bread and butter There's no quantifiable way to measure swagger, but if there were, Millard South would lead the world in it. They are better than you, they know it, and they will happily show you for 48 minutes. From the head coach on down, everyone associated with the program has an unshakable belief in their ability to dominate football games. Does not hurt either that the Patriots have perhaps the best passing attack the state has ever seen — Jett Thomalla last week broke the Class A record for passing yards in a season and five players, three of them Power 4 prospects, have 32 or more catches. No. 2 Omaha Westside Record: 12-0 Coach: Paul Limongi Road to the finals: First round — def. Omaha Westview 48-0. Quarterfinals — def. Papillion-La Vista 36-0. Semifinals — def. Omaha North 47-14. State playoff appearances: 40 Finals appearances: 12th Impact players RB Tay Tay Jenkins, 5-8, 175, so., 1,879 rushing yards, 21 TDs, 11 catches, 198 yards, 4 TDs; QB Braylen Warren, 6-3, 200, so., 2,053 passing yards, 30 TDs, 175 rushing yards, 2 TDs; WR Keynan Cotton, 5-11, 190, sr., 40 catches, 688 yards, 11 TDs; WR Eli Johnson, 6-4, 205, jr., 33 catches, 500 yards, 10 TDs; LB Christian Jones, 6-4, 220, sr., 86 tackles, 1 sack, 1 interception; DB Reid McIntyre, 6-0, 180, jr., 98 tackles, 76 solo, 2 fumble recoveries. Bread and butter Outstanding complementary football, led by a defense that has allowed just 99 points in 12 games. Nearly half of those points came in a three-game stretch in September. Since October started, Westside's defense, led by Nebraska commit Christian Jones, is allowing just six points per game. That's been plenty for a talented young offense, led by a couple of sophomores in running back Tay Tay Jenkins and quarterback Braylen Warren. Basnett's pick Westside is rarely the underdog, and perhaps the Warriors shouldn't be here, with their Class A-record 32-game winning streak. But Millard South's collection of talent is nearly unprecedented in this state, and has led to a string of lopsided scores against the best Class A has to offer. Does that change in primetime under the lights? Can Westside use experience gleaned from a half-decade of consecutive finals appearances to apply some pressure to a Patriots program that has not faced much in 2024? Or does Millard South simply overwhelm another foe? This will be the closest game Millard South plays against a Nebraska foe this year. It will also be another game the Patriots win. Download the new Journal Star News Mobile App Top Journal Star photos for November 2024 Lincoln firefighter Andrew Brenner sprays water from the top of a ladder truck on to the roof of a former Village Inn at 29th and O streets Wednesday morning. Luca Gustafson, 6, rides to school Tuesday with the bike bus at Riley Elementary School. Each Tuesday, students can bike to school with adult chaperones along a specific route. Wahoo's Braylon Iversen celebrates with Warrior players after they defeated Auburn in a Class C-1 state semifinal game Friday in Wahoo. Lincoln Fire Fighters Association member Andy Evans works to assemble a headboard during a bed-building day hosted by Sleep in Heavenly Peace on Saturday at Hampton Enterprises. Volunteers helped build 20 beds for children in need. Second-time mother giraffe Allie nuzzles her new calf in the giraffe experience enclosure on Friday, Nov. 15, 2024, at the Lincoln Children's Zoo. Nebraska celebrates during the first set of the match against Minnesota on Thursday at the Devaney Sports Center. Iris Gonnerman, 8 (from right), her brother Oliver, 6, and cousin Noreen Milana, 9, wave flags while watching Veterans Parade outside the state Capitol on Sunday. Nebraska's Connor Essegian scores against Bethune-Cookma on Saturday, Nov. 9, 2024, at Pinnacle Bank Arena. Covered by a canopy of changing leaves, a car cruises along A street in a neighborhood north of Downtown Lincoln on Tuesday, Nov. 12, 2024. Mild temperatures continue into the mid weeks of November. Wednesday calls for a chance of rain showers before noon with gusty winds. Most days this week are expected to be accompanied by mostly sunny skies and consistent breezes. Norris' Anna Jelinek (left) lifts the the Class B championship trophy alongside Rya Borer on Saturday at the Devaney Sports Center. Lincoln Lutheran players embrace one another as threy celebrate defeating Thayer Central in four sets to win the Class C-2 championship match Saturday at the Devaney Sports Center. Superior players celebrate their three set win over EMF during the Class D-1 championship match Saturday at the Devaney Sports Center. Reflected in a ceiling beam, Leyton takes on Shelton in the first set of the Class D-2 championship match Saturday at the Devaney Sports Center. Omaha Skutt's Nicole Ott (left) and Addison West react after a point in the second set during a Class B semifinal match Friday at Pinnacle Bank Arena. Hasan Khalil, owner of Golden Scissors, trims the beard of Vitaliy Martynyuk on Friday at his barbershop in Lincoln. Southwest fans Kylea Stritt (from left), Peg Rice, and Stacey Wilson cheer on their team as the "horsemen" during a Class D-1 first-round match Thursday at Pinnacle Bank Arena. Millard West players dogpile on the floor after defeating Lincoln Southwest in five set match during a Class A first-round match Wednesday at Pinnacle Bank Arena. Lincoln Southwest's Shelby Harding dives to save the ball from hitting the ground in the first set during a Class A first-round match Wednesday at Pinnacle Bank Arena. Second graders Eli Gonzalez (left) and Shrutoshome Datta look at drawings that first and second grade students made at the Monster Jam Art Show on Wednesday at Elliott Elementary School. The elementary school students made drawings of monsters to be turned into different types of art by Lincoln High School students. Norris players celebrate a point against Lincoln Pius X in a Class B state volleyball tournament match, Wednesday, Nov. 6, 2024, at Pinnacle Bank Arena. U.S. Sen. Deb Fischer (right) talks with supporters, including Darlene Starman of Lincoln, at her campaign office on Tuesday in Lincoln. A cutout of Jesus watches over voters on Tuesday at Redeemer Lutheran Church in Lincoln. Abigail Webb votes on Tuesday at F Street Community Center. Nebraska's Rollie Worster (24) shoots a layup while defended by Texas Rio Grande Valley's Marshal Destremau (left) and Trey Miller (right) on Nov. 4 at Pinnacle Bank Arena. Nebraska's Allison Weidner (left) autographs a poster for Freeman Public Schools student Godwil Muthiani, 12 (center), after the game against UNO on Monday, Nov. 4, 2024, at Pinnacle Bank Arena. Muthiani's sign says, "#3 Allison Weinder is the GOAT! Sorry I'm only 12." Nebraska Head Coach Matt Rhule speaks to an official after a targeting call on Nebraska during the first quarter of the game against UCLA on Saturday, Nov. 2, 2024, at Memorial Stadium. The call was overturned after review. Nebraska's Dante Dowdell scores against UCLA in the fourth quarter on Saturday at Memorial Stadium. Cadet Elena Burgwald (left) and Cadet Mason Beck look up as a B-1B Lancer flies over Memorial Stadium before the UCLA game against Nebraska on Saturday. UCLA's K.J. Wallace (7) defends Nebraska's Jacory Barney (17) as he makes a diving 40-yard catch in the second quarter on Saturday, Nov. 2, 2024, at Memorial Stadium. Lincoln Southeast quarterback Tre Bollen (left) and Tate Sandman react after losing a Class A football playoff game against Millard North on Friday, Nov. 1, 2024, at Seacrest Field. Millard North won 10-3. After the field clears, Norris' Jarrett Behrends (17) kicks his helmet after the Titans fell to Waverly 16-17 in a Class B football playoff game on Friday, Nov. 1, 2024, at Waverly High School. A line of people waiting to vote has been normal at the Lancaster County Election Commission Office at 601 N. 46th St., as it was Friday afternoon. The office will be open 7 a.m. to 5 p.m. Monday to allow voters to cast an early ballot. If they wait until Election Day, they will need to go to their precinct or drop off their ballots at one of five drop boxes across the city. For more stories about about Tuesday's election, go to Journalstar.com . Reach the writer at (402) 473-7436 or cbasnett@journalstar.com . On Twitter @ChrisBasnettLJS. . 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Aquino kin: Keep Ninoy, Edsa out of Marcos-Duterte feudSources: DeSean Jackson near deal to coach DSUNone
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HomeStreet EVP Godfrey B. Evans sells $53,547 in stockAs the wheels of varsity vehicle hummed along the winding road, nostalgia painted my mind with images of the countryside I once knew. The journey to this place was not just a physical traverse but a soul-stirring effort to reconnect with a world I had cherished, a world where life danced harmoniously with nature. But as I approached, my heart sank with the realization that time had etched irreversible changes onto this landscape. Once, the countryside was a myriad panorama of beauty, where lush green paddy fields stretched endlessly, meeting the heavens in a seamless clasp at the horizon. I remember those fields glistening in the golden light of dawn, where dewdrops sparkled like bright green pearls on blades of rice. The setting sun descending gracefully behind imposing mountains that stood like sentinels of eternity. However now, it seems, the vision is ruptured. The vast green carpets have been reduced to scattered patches of fields, isolated islands in pits of tarmac and concrete. Highways and bridges, ripping through the middle of the once-lush forests, tree cover and fertile lands. It felt as though humanity has wielded its tools of growth like a sword, cutting through the veins of the earth without a second thought. The air, once invigorating, carries a strange heaviness, its purity clouded by smog. The view that once seemed infinite is now blurred. Not just by pollutants but by the burden of unchecked ambition. The symphony of rustling leaves and chirping birds that used to greet visitors is drowned out by the relentless cacophony of honking horns and roaring engines. Noise pollution has become an unsolicited ally, a tart token of wrecked connect with nature. Roadside markets and makeshift shops line the edges of the highways, their haphazard arrangements reflecting a struggle to adapt to the rapid intrusion of urbanisation. Unorganised concrete structures sprout like weeds, their presence grating against the natural aesthetics that once defined the place. The symphonic coexistence of man and nature appears like a vague memory, replaced by a blatant imbalance that imperils the soul of the countryside. As we drove further, I could feel the countryside is no longer a refuge of simplicity and serenity; it had become a frontline where nature is fighting a degenerative crusade against remaking. The rivers that once meandered gracefully now seem crushed by pollutants; their stunning clearness replaced by a murky hue. The forests, once a thriving sanctuary for countless species, reduced to fragmented clusters struggling to survive amid the chaos. Perhaps, it isn’t just the environment that suffered; it is us, too. In our hurry to surmount and build, we severed our link with the very earth that nurtured us. The countryside, which once offered grounding, now shows the restlessness of the urban sprawl. Returning towards the city, the countryside still circled my mind. The journey had been more than a visit to a place—it was a confrontation with the consequences of our choices. It felt as though the place is bearing the brunt of a thoughtless race: one that fails to recognize the long-term consequences of recklessness with no scientific models to guide any transformation. And then, I recalled that nature is not confined to the domain of geography alone. Tim Marshall’s award-winning Prisoners of Geography reveals how natural features like mountains, rivers and oceans shape political decisions and national destinies. It looks as if the countryside’s story is not just its own; it’s ours. It displays our priorities and our legacy. And before the horizon fades entirely, we need to ensure that future generations can look out and see the world as it once was—a place where nature’s beauty was not a relic of the past but a lively part of the present.STATEN ISLAND, N.Y. — Gov. Kathy Hochul recently signed a bill that aims to make it easier to cancel gym memberships. On Monday, Nov. 25, Hochul signed the law as one of five consumer protection measures designed to save New Yorkers money and increase transparency in various sectors. Under legislation S.932D/A.4667B, health clubs must now accept cancellations within 10 business days of receiving notice. The law also modernizes contract practices, allowing cancellations online and requiring quicker refunds. “Health club memberships should be an asset to consumers, not a burden,” said state Sen. Roxanne J. Persaud, who represents southeastern Brooklyn. “This bill ensures that we empower New Yorkers to make the best choices for their health and well-being without being locked into contracts that no longer serve their needs.” Assemblyman Jeffrey Dinowitz of the Bronx expressed the importance of protecting consumers and giving them greater flexibility when managing their health club memberships. “By expanding cancellation methods to include internet options and shortening refund timelines for the health club to pay back customers, we empower consumers with the tools they need to avoid unnecessary financial burdens,” he said. more political news
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Nepal should take maximum benefits from PM's China visit, Dr Wagle saysCerity Partners LLC raised its position in shares of Hexcel Co. ( NYSE:HXL – Free Report ) by 36.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 54,468 shares of the aerospace company’s stock after purchasing an additional 14,455 shares during the quarter. Cerity Partners LLC’s holdings in Hexcel were worth $3,368,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors have also modified their holdings of HXL. Summit Financial LLC lifted its stake in Hexcel by 2.9% in the 2nd quarter. Summit Financial LLC now owns 5,357 shares of the aerospace company’s stock worth $335,000 after acquiring an additional 153 shares in the last quarter. Huntington National Bank increased its holdings in shares of Hexcel by 30.8% in the 3rd quarter. Huntington National Bank now owns 955 shares of the aerospace company’s stock valued at $59,000 after purchasing an additional 225 shares during the period. GAMMA Investing LLC lifted its position in shares of Hexcel by 34.8% in the second quarter. GAMMA Investing LLC now owns 1,068 shares of the aerospace company’s stock worth $67,000 after purchasing an additional 276 shares in the last quarter. NBW Capital LLC boosted its holdings in shares of Hexcel by 1.1% during the second quarter. NBW Capital LLC now owns 27,246 shares of the aerospace company’s stock worth $1,702,000 after purchasing an additional 302 shares during the period. Finally, Fifth Third Bancorp grew its position in Hexcel by 0.6% during the second quarter. Fifth Third Bancorp now owns 52,574 shares of the aerospace company’s stock valued at $3,283,000 after purchasing an additional 315 shares in the last quarter. Institutional investors and hedge funds own 95.47% of the company’s stock. Wall Street Analysts Forecast Growth HXL has been the subject of a number of research analyst reports. Vertical Research lowered shares of Hexcel from a “buy” rating to a “hold” rating and set a $65.00 target price for the company. in a research note on Thursday, October 10th. UBS Group lifted their price objective on Hexcel from $67.00 to $69.00 and gave the company a “neutral” rating in a research report on Friday, October 25th. Truist Financial lowered their target price on Hexcel from $78.00 to $76.00 and set a “buy” rating on the stock in a research note on Friday, October 18th. Wells Fargo & Company boosted their target price on Hexcel from $77.00 to $78.00 and gave the company an “overweight” rating in a research note on Wednesday, October 23rd. Finally, StockNews.com upgraded Hexcel from a “hold” rating to a “buy” rating in a research note on Wednesday, October 23rd. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $70.58. Hexcel Price Performance NYSE HXL opened at $63.39 on Friday. Hexcel Co. has a 1 year low of $57.50 and a 1 year high of $77.09. The company has a fifty day simple moving average of $61.12 and a 200 day simple moving average of $63.39. The company has a current ratio of 2.76, a quick ratio of 1.51 and a debt-to-equity ratio of 0.51. The company has a market cap of $5.13 billion, a P/E ratio of 48.39, a P/E/G ratio of 1.94 and a beta of 1.30. Hexcel ( NYSE:HXL – Get Free Report ) last released its earnings results on Monday, October 21st. The aerospace company reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.01. The firm had revenue of $457.00 million during the quarter, compared to analyst estimates of $457.07 million. Hexcel had a net margin of 5.73% and a return on equity of 9.99%. The business’s revenue was up 8.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.38 EPS. On average, sell-side analysts predict that Hexcel Co. will post 2.02 EPS for the current year. Hexcel Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Friday, November 8th. Shareholders of record on Friday, November 1st were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.95%. The ex-dividend date was Friday, November 1st. Hexcel’s dividend payout ratio is currently 45.80%. Hexcel Profile ( Free Report ) Hexcel Corporation develops, manufactures, and markets carbon fibers, structural reinforcements, honeycomb structures, resins, and composite materials and parts for use in commercial aerospace, space and defense, and industrial applications. It operates through two segments, Composite Materials and Engineered Products. Featured Stories Want to see what other hedge funds are holding HXL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hexcel Co. ( NYSE:HXL – Free Report ). Receive News & Ratings for Hexcel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hexcel and related companies with MarketBeat.com's FREE daily email newsletter .
Australian politicians pass bill that would ban young children from social mediaAILE Deadline: AILE Investors Have Opportunity to Lead iLearningEngines, Inc. Securities Fraud Lawsuit
An unnamed player who earned a PGA Tour card via the DP World Tour’s Race to Dubai Rankings has approached a LIV Golf franchise. Following the end of the DP World Tour season last month, the top 10 players not already exempt were handed playing rights on the PGA Tour for the following year. Mirror U.S. Sports can confirm that one of those has made contact with LIV over joining the breakaway league for 2025. Rasmus Hojgaard, Paul Waring, Thriston Lawrence, Jesper Svensson, Niklas Norgaard, Matteo Manassero, Thorbjorn Olesen, Antoine Rozner, Rikuya Hoshino and Tom McKibbin were the 10 players to earn their PGA Tour cards from the Wentworth-based circuit. Dustin Johnson makes new LIV Golf signing leaving Pat Perez's future in doubt Tony Finau withdraws from Tiger Woods' Hero World Challenge after LIV Golf rumors It comes after the LIV setup entered its offseason transfer window late last month, which allows teams to trade players between them, as well as bringing fresh faces in from elsewhere. LIV sources have confirmed to Mirror U.S. Sports that franchise General Managers have been fielding calls from players outside of the league. Most notably, talks have increased with players and the league on the back of a report that LIV were in negotiations with the DP World Tour over a peace deal. LIV backers, the Public Investment Fund of Saudi Arabia (PIF) have been in talks with the PGA Tour for some time over ending their dispute, however a deal is yet to be signed off 18 months on from Jay Monahan’s initial framework agreement. Per Bloomberg, the Saudi fund is now in talks with the DP World Tour over a separate deal. As part of a proposed agreement, it was reported that players from both circuits would be allowed to compete freely. In September a Sports Illustrated report revealed that LIV had made a peace offering to the DP World Tour but this was rejected. For all the latest on news, politics, sports, and showbiz from the USA, go to The Mirror US . At the time, Mirror U.S. Sports learned that the European circuit was unwilling to compromise with LIV in an attempt to remain consistent to their previous stance towards the breakaway league. It was also confirmed that the PGA Tour were alerted of the approach amid the DP World Tour’s ‘Strategic Alliance’ with their American partners. Those within the inner LIV circle believe the tide is beginning to change in professional golf, with players on the outside now approaching the league, rather than LIV making the first move. The breakaway league are yet to bring in any new names this winter, however Dustin Johnson’s 4Aces completed the first trade of the offseason, after Sports Illustrated confirmed the arrival of Thomas Pieters from the RangeGoats. One new face will be confirmed later this week at the Saudi International, where the leading player from the Asian Tour’s International Series will be promoted to LIV. As things stand, American - and LIV injury reserve - John Catlin is the man leading the way with one event left to play.
Recession fears have eased, boosting investor confidence in the stock market. Albert Edwards warns a market pullback could come without a recession, however. Rising Treasury yields and drying liquidity could hurt stocks with valuations high. Recession fears have largely dissipated since this summer, bolstering investor confidence in a roaring stock market. But Albert Edwards wants investors to remember that equities at historically expensive levels don't need an economic downturn to suffer a pullback. The bearish Societe Generale strategist known for calling the dot-com bubble said in a November 21 client note that the relentless market rally could be due for a reversal — no recession necessary. His argument starts with the fact that valuations are high. There are many ways to measure how pricey a market is, and Edwards shared a few novel examples. For one, US stocks are now three-quarters of the MSCI world index. Then there's the S&P 500's 12-month forward PE relative to its 12-month trailing PE — basically an indicator of how much forward optimism may be getting ahead of itself. It's shown below on the left. The chart on the right side above shows the widely followed Shiller CAPE ratio. By itself, it shows the market is as costly as it was around the top of prior bubbles. But it's also very expensive relative to European stocks, which have historically traded at similar valuation levels to US stocks. The second part of Edwards' argument is that liquidity is drying up in the sense that the Fed is shrinking its balance sheet, which can be bad news when valuations are high. Here's the CrossBorder Capital's Global Liquidity Index, shown in black, which has dipped on a six-week basis. It implies bitcoin, a speculative asset, should be due for a drop in price versus six weeks ago. Rising 10-year Treasury yields could also cause liquidity to dry up, as investors who hold the asset will have taken a loss by selling it. Higher yields also attract capital away from stocks, as Treasurys are risk-free. Edwards said rising yields will eventually put a damper on the stock market, especially with valuations continuing to climb. "To be fair, full blown equity bear markets (-20% or worse) really only ever occur in recessions when both profits and valuations plunge. Alternatively, sharply rising bond yields can cause problems to equities in a high PE environment – such as now," Edwards said. "This is a case of an elastic band stretching to breaking point – the 1987 equity crash would be a good example." He listed a couple more examples: "Just look at the equity euphoria back in 2018, which initially shrugged off rising bond yields – until they didn't. The same happened in 2022. At some point rising bond yields will just as surely begin to hurt equities." Edwards has a fairly poor track record recently, having had a downbeat view on stocks and the economy while the market has soared and the economy has held up. He himself admits this in the November 21 note. So perhaps take his views with a grain of salt. Still, he did foresee the 2000-2002 bear market, and provides, at the very least, logical arguments that are food for thought, as rallies and expansions don't last forever. As Bloomberg Opinion Columnist and former strategist Marcus Ashworth put it last year: "The SocGen strategist's doomster scribblings are a must-read for fund managers — even if he's often wrong."Stealth destroyer to be home for 1st hypersonic weapon on a US warshipKUWAIT: President of Kuwait and Asian Aquatics Federations, Sheikh Khaled Al-Bader Al-Sabah, emphasized that the distinctive sports renaissance witnessed by the GCC countries came under the guidance and attention of the political leadership in those countries, believing that the youth are the present and future of the nation, on whose forearms the renaissance and progress of the country is based, as it is moving steadily towards presenting many successes that impressed everyone. Al-Bader expressed his great pleasure at Kuwait’s hosting of the 45th session of the Summit of the Supreme Council of the Gulf Cooperation Council (GCC) in the presence of their majesties, highnesses, and leaders of the GCC countries who are dear guests of Kuwait, stressing that the Council has recorded in letters of light a rich history of joint cooperation and continuous development in all fields, which had a great impact in realizing the aspirations and hopes of the peoples in security, safety and prosperity in all fields. Al-Bader explained, “The unity and solidarity among the people of the GCC countries has been, is and will continue to be the distinctive feature through which everyone works to increase integration in various fields, including the sports field, where the Gulf countries have provided an exemplary model in organizing many international sports events, which always emphasizes the development and progress that the leaders of the GCC countries always seek to achieve, in addition to providing security, safety, stability and achieving prosperity for all.” Al-Bader prayed to the Almighty to perpetuate the blessings of security, safety, stability and unity among the leaders and peoples of the GCC countries, adding that Kuwait shone and enlightened with its dear guests.
Microsoft Flight Simulator (MSFS) 2024 is set to redefine aviation simulation, and at the forefront of this revolution is the introduction of the highly anticipated Airbus A350. This cutting-edge aircraft is renowned for its advanced technology in the real aviation world, and its digital twin promises to bring a new level of realism and innovation to the virtual skies. Unmatched Realism The A350 is a marvel of modern engineering known for its fuel efficiency and impressive range. MSFS 2024 developers have dedicated themselves to authentically replicating its intricate flight systems and aerodynamic performance. This commitment ensures that virtual pilots will experience unprecedented realism, from the handling dynamics to the nuances of its cockpit instrumentation. Advanced Technology Integration MSFS 2024 leverages new technologies to enhance every flight experience. The integration of real-time weather data, groundbreaking AI, and ultra-high-definition graphics allows the A350 to glide through breathtaking skies under realistic weather conditions. With a newly enhanced physics engine, the simulator promises to capture the essence of flying this iconic aircraft with unprecedented fidelity. A Look into the Future The inclusion of the A350 in MSFS 2024 sets the stage for an exciting future in flight simulation. This advancement hints at the potential for even more sophisticated aircraft models and tools, paving the way for a richer, more immersive experience. As technology continues to evolve, MSFS 2024 is poised to remain at the cutting edge, serving as a beacon for enthusiasts who yearn for the closest experience to real-world aviation from the comfort of their homes. Discover the Future of Aviation Simulation with MSFS 2024 Introduction to MSFS 2024 and the Airbus A350 Microsoft Flight Simulator (MSFS) 2024 is shaping up to be a landmark in the evolution of aviation simulation, particularly with the inclusion of the much-awaited Airbus A350. While the original excitement centers around this model’s cutting-edge features, several new elements and insights further enhance what MSFS 2024 has to offer to virtual pilots and aviation enthusiasts. Key Features and Innovations # Enhanced Real-Time Weather Simulation One of the most anticipated features in MSFS 2024 is its enhanced real-time weather simulation. Real-world data integration not only reproduces current weather conditions accurately but also allows for dynamic weather changes mid-flight. This innovation enables pilots to experience the challenges and beauties of flying under varied conditions, from thunderstorms to serene sunsets, giving a true-to-life experience. # Breakthroughs in Artificial Intelligence MSFS 2024 incorporates advanced AI systems to improve both air traffic control and aircraft behavior. The AI is designed to provide realistic interactions not only with live players but also with AI-controlled aircraft, offering a more authentic simulation of real-world aviation dynamics. This feature significantly elevates the learning and engagement aspects for users aiming to enhance their piloting skills beyond basics. # Cutting-Edge Graphics and Visuals With ultra-high-definition graphics, MSFS 2024 stands out for its visually stunning environments. Pilots can fly over impeccably rendered cities, landscapes, and natural wonders seized in breathtaking detail. This visual upgrade enhances the realism and immersion, likely making MSFS 2024 one of the most visually ambitious flight simulators to date. Predictions and Market Insights # Increased Demand for High-Performance Simulation PCs With the advanced graphics and processing requirements of MSFS 2024, there is an expected increase in demand for high-performance PCs and peripherals optimized for gaming and simulation. This trend may also stimulate market growth in the computer hardware industry, particularly for graphics cards, processors, and other gaming-centric components. # Expansion of Aviation Enthusiast Community MSFS 2024 promises to not only retain its current fanbase but also expand it, attracting new users interested in both casual flying experiences and serious flight training simulations. The realism and incredible attention to detail are expected to draw those who may have previously been uninterested in flight simulation. FAQs Q: What systems are required to run MSFS 2024 smoothly? A: While specific system requirements may vary, a high-performance PC with a powerful graphics card and substantial RAM is recommended for the best experience. Q: Can MSFS 2024 be used as an actual flight training tool? A: MSFS 2024 offers highly realistic simulation capabilities that can complement flight training, but it should not be considered a substitute for certified aviation training programs. Sustainability and Future Developments # Commitment to Sustainability In a nod towards environmental consciousness, MSFS 2024 developers have worked on optimizing energy usage within the game’s framework, reducing its overall computational footprint. This step aligns with broader trends in software development that prioritize sustainability. # Ongoing Updates and User Engagement MSFS 2024 plans to release periodic updates to incorporate new aircraft, scenarios, and technological advancements. The community is encouraged to provide feedback, ensuring the simulator evolves in line with user expectations and technological progress. Conclusion Microsoft Flight Simulator 2024 continues to push the boundaries of aviation simulation with the introduction of the Airbus A350 and beyond. As this innovative software rolls out, both existing enthusiasts and newcomers can expect an unprecedented level of engagement, realism, and community interaction. Experience the skies like never before with the unparalleled immersion MSFS 2024 offers. For more information, visit the official website of Microsoft .
NEW YORK (AP) — Millions displaced by global conflicts . Communities reeling from unseasonably strong natural disasters . Lives upended due to healthcare inequalities. In the middle of these crises are established nonprofits, everyday individuals and mutual aid groups — all seeking your dollars to make a difference. But with no shortage of worthy causes and the rise of new giving technologies, how should you donate? The choices can be immobilizing for those looking to open up their wallets. Many value conventional charities. But others — Gen Z and millennials, as well as the unmarried and less religious, according to 2021 research by the Indiana University Lilly Family School of Philanthropy — like to crowdfund by pooling donations online for folks in dire circumstances. The approaches reflect differing assessments of impact and trustworthiness. But they aren't necessarily opposed. “It’s really: what is the right type of support that either an organization or a community or an individual needs?” said Bloomerang Chief Customer Officer Todd Baylis, who previously co-founded the platform Qgiv to help nonprofits fundraise online. "And being able to tailor that to the individual giver.” Here are some questions worth considering as you determine which assistance best suits your objectives: It might come down to whether you want to make a big difference for one person or help seed large-scale change. Tiltify is a technology platform that helps nonprofits and individual crowdfunders alike raise money. If donors want to ensure that food gets to communities recovering from disasters, Tiltify CEO Michael Wasserman says a nonprofit contribution is probably best, as established organizations already have distribution pipelines and built-up expertise. But if you want to ensure a particular person can take care of themselves, he said, a direct donation to a crowdfunding campaign might make more sense than sending money “through a charitable funnel.” “It really depends on what your goal is as a donor: if you’re trying to help out somebody specifically or if you’re trying to help out people in plural,” Wasserman said. You could do both at once, according to one nonprofit that delivers cash transfers. GiveDirectly reports sending more than $860 million to 1.6 million people across three continents. Senior Program Manager Richard Nkurunziza says the idea was initially met with fears of misuse. But GiveDirectly finds that cash donations are a dignified way to empower poor people to invest in their unique needs. In Rwandan villages, he said, recipients have spent donations on household renovations, new businesses and youth education — all of which ultimately benefit their entire community. “There’s a bit of agency,” said Nkurunziza. “It gives an opportunity for the recipient to make a decision on how they use the funds for themselves.” Crowdfunding could be considered “more democratic,” according to Claire van Teunenbroek, a University of Twente professor specializing in online giving behavior. That's because donors have more control over their gifts' usage when they choose exactly who benefits. The disadvantage, she said, is that people with the greatest needs aren't always the ones with the most success. Humans are prone to supporting “easily sellable” projects with highly emotional appeals. Studies have also shown racial disparities in crowdfunding. The most popular reason donors told Bloomerang they stopped giving was because they did not trust contributions were being used wisely, according to the company’s Generational Giving Report. The second most common response was that donors no longer felt connected to the nonprofit they’d previously supported. The answers underscore the need for recipients to actively prove their trustworthiness. Tax-exempt nonprofits must submit annual financial disclosures to the Internal Revenue Service that include publicly available information, including executives' salaries. Watchdogs, such as Charity Navigator, compile lists of verified nonprofits and assess their work. Crowdfunding, while convenient, is much more susceptible to fraud. The online sites are relatively unregulated, leaving the responsibility for protection up to donors and the platforms themselves. In GoFundMe's case, donations can be refunded up to one year after they are made. The company also advises that organizers identify themselves and their beneficiaries, and specify their plans for spending contributions. Online users mistakenly associate high donation numbers with credibility, according to van Teunenbroek. She said risk is better mitigated by making sure the project's description is detailed. “For a donor, if you prefer more certainty, then traditional nonprofits are probably better because they have an established reputation,” she said. ALSAC CEO Rick Shadyac said his charity works hard to make donors feel confident that their money is supporting the mission of St. Jude Children's Research Hospital: improving pediatric cancer survival rates worldwide by covering the costs of care and researching treatments. Shadyac encouraged people to give regardless of the medium and to always look for reputable causes. Bonafide charities, he said, bring “greater degrees of confidence” while crowdfunding requires more “due diligence.” But he sees room for both. “They should actually complement each other," he said. “Some of this is more in the realm of micro-philanthropy where they may be wanting to help a specific individual because they found themselves in difficult circumstances,” he added. "But if you want to help kids with cancer, you want to help cure heart disease, there are charities that are keenly focused on that.” ALSAC gets nearly one quarter of its annual revenue during the last two months of the calendar, Shadyac said, around the time of year designated as “Giving Season.” The uptick could stem from the spirit of generosity around the holidays, he added. Sure enough, a 2023 study found that people in good moods are more likely to make a charitable donation. They might also be making their year-end tax plans. “Not-for-profits give them the opportunity to address some things that are important to them while also getting a tax deduction,” Shadyac said. Crowdfunding donations to individual campaigns, however, cannot be written off on your taxes. But crowdfunding can make it easier to identify with the ultimate beneficiaries of one's gift, van Teunenbroek said. Mutual aid refers to reciprocal support networks of neighbors who promptly meet each other's most pressing needs when existing systems fail to make them whole. Because of those reciprocal ties, participants often describe the act as “solidarity, not charity.” In the internet age, these groups often solicit cash contributions through online payment processors like Venmo, Cash App, PayPal or Zelle. Anyone can scan QR codes, which are usually reposted across social media accounts, to donate. The money goes straight to those impacted or helps purchase supplies for shared resources like community fridges. Transparency might come in the form of a screenshotted receipt shared by organizers on their profile. Tamara Kneese joined several mutual aid efforts during the early days of the coronavirus pandemic to take care of her neighbors in Oakland. Kneese, a director at the nonprofit research institute Data & Society, said these groups tend to start as immediate responses to crises that are acutely hurting disadvantaged communities. The idea, she added, is that “state abandonment cannot be addressed by charitable giving alone.” Kneese said the challenges of such bottom-up, grassroots groups are that resources dwindle and people burn out. Only so many requests can be fulfilled. Organizers' politics clash. The benefits, she found, are that support comes from within the community and members have direct interactions with those using it. “It is not just a sense of charity, like you make a donation and you're done," she said. "There is more of a relationship involved and it is not just transactional.” Associated Press coverage of philanthropy and nonprofits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP’s philanthropy coverage, visit https://apnews.com/hub/philanthropy . Get any of our free daily email newsletters — news headlines, opinion, e-edition, obituaries and more.
The percent of Kentucky kindergarten students who begin school ready to learn dropped by about 3 points from pre-pandemic years to the 2023-2024 school year, according to a report on child welfare released Wednesday. The KIDS COUNT County Data Book was compiled and released by Kentucky Youth Advocates. Kids Count is part of a national initiative by the Annie E. Casey Foundation and measures child well-being based on a variety of measures — education, family life, trauma, incarceration and more. In the school year ending in 2019, the book shows, about 51% of Kentucky’s kids were kindergarten-ready. For the 2023-2024 school year, that was down to 48%. Terry Brooks, executive director of Kentucky Youth Advocates, explained that small things — like letter magnets on the fridge — can help introduce young children to written language and prepare them to read. “It’s as simple as reading to your kid,” he told the Lantern. But, once children reach the school, educators need to be willing to meet them where they are as well, he said, because not all children will learn to read the same way. “I think the primary school experience in Kentucky looks a lot more like an assembly line than a personalized menu,” Brooks said, “and we need to get back to that personalized menu.” Not all education data was negative, though. The number of fourth graders who are proficient in reading, eighth graders who are proficient in math and high school students graduating on time have all improved. In 2024, Kids Count says, “more Kentucky children are experiencing adverse childhood experiences than ever before.” Adverse childhood experiences, more commonly known as ACEs, refer to traumas or stressors in a person’s life before their 18th birthday. They include, but are not limited to experiencing or witnessing violence, abuse or neglect; living in a home where someone has a substance use disorder or other mental health issues; living through a parental separation and more. Keep up with the latest NKY news with our daily newsletter Sign up ACEs have a far-reaching impact on adulthood, too, as survivors are more likely to have chronic health conditions including cancer, diabetes and heart disease; experience poverty; have pregnancy problems; be involved in sex trafficking; suffer from stress; and some may even go on to perpetuate ACEs, feeding a reciprocating spiral of illness and violence. The more ACEs a child lives through, the greater their chance of having long- term complications. Almost 1 in 4 — 23% — of Kentucky’s children have experienced at least two ACEs. That’s significantly higher than the national average, which is about 17%. “If today is a typical day in Kentucky, one out of five kids woke up living in deep poverty,” Brooks said during a Wednesday press conference to launch the book. “And tonight, if today is a typical day in Kentucky, one in five kids are going to go to bed hungry.” The state has made some strides over the last decade, according to Kids Count, including passing laws to ensure educators learn about ACE s and “ closing gaps ” in the background check process for people working with children. But gaps remain. From the 2024 KIDS COUNT “Minimal legislative progress” has been made to “teach youth to protect themselves by providing age-appropriate information on healthy boundaries and relationships,” according to the report, which also points out the legislature cut funds for the Health Access Nurturing Development Services program ( HANDS ), a voluntary home visitation program for any new or expectant parents. To combat ACEs, children need access to positive childhood experiences (PCEs), which can include having supportive and safe family, feeling a sense of belonging, feeling supported by friends, having at least two non-parent adults who care about them and more. “We emphasize each year that what gets measured, gets changed,” Brooks said, “and this year, I’m urging our policymakers to hear: what can be predicted can be prevented. Understanding ACEs and PCEs creates that opportunity to measure risk and pave the way for prevention.” Two youth advocates spoke alongside Brooks and others, detailing how positive experiences have helped them succeed in life. Aleah Stigall, a Boyle County High School sophomore, said being involved in pageantry helped connect her to mentors and friends that she felt she lacked as an only child. She also founded an initiative called Disconnect to Connect – Let’s Get Real, which she said “strives to teach students how to have real relationships with real people without technology.” “This goes hand in hand with developing strong connections with mentors so one can learn new skills throughout childhood and even adulthood,” said Stigall, 16. Another youth advocate, Issabella Cornett from Graves County, said support she’s felt through health challenges helped her develop “resilience.” “Throughout my childhood, positive experiences have been made by access to reliable health care and the conflict support my teachers, friends, family and my medical team,” Cornett said. ” These positive resources have been essential in allowing me to navigate major health challenges, including chronic migraines, kidney disease and various allergies.” Shannon Moody, KYA’s chief policy and strategy officer, said everyone can help create a better future for young people. “What we know is while the prevalence of PCEs, or positive childhood experiences, are just not quite as documented or heavily studied, we do know that they are common, and with these stories that you heard today, I think you can see them on a day to day basis in your community,” she said. “Stable housing, access to health services and safe family and community environments can set young people up for a lifetime of health, stability and success.” The book recommends several policy “solutions” to address Kentucky’s child well-being gaps. They include: “The question that I have about all the work that went into Kids Count is really simple: will we see the General Assembly match its rhetoric with action on behalf of kids in 2025,” Brooks said. “I’m both hopeful and scared to death to answer that question.” To read the whole Kids Count book, go here . This story originally appeared at kentuckylantern.com. Before you go.... Can you help us make a difference? The reporters and editors at LINK nky are dedicated to covering Northern Kentucky and providing you with the information you need to be an informed citizen. If you value what you get from LINK nky, please join us with a tax-deductible donation so we can continue doing the local reporting that matters to you. Will you chip in to LINK nky today? YES, I'LL CHIP IN! SUPPORT LOCAL NEWS DONATE