Datasets:

NickyNicky

/

news_en_100k

like 0

776019

nan

The Punch

Tukur Muntari

10 years after, power play grounds Kano’s multi-billion naira electricity project

The Kano State multi-billion naira Independent Power Plant project which was said to have been completed, test-run and scheduled to be inaugurated on January 29, 2023, has yet to see the light of the day 10 years after its conception, Arewa PUNCH authoritativ…

https://punchng.com/10-years-after-power-play-grounds-kanos-multi-billion-naira-electricity-project/

2023-11-29 00:45:27

The Kano State multi-billion naira Independent Power Plant project which was said to have been completed, test-run and scheduled to be inaugurated on January 29, 2023, has yet to see the light of the… [+6537 chars]

Nigeria

The Kano State multi-billion naira Independent Power Plant project which was said to have been completed, test-run and scheduled to be inaugurated on January 29, 2023, has yet to see the light of the day 10 years after its conception,Arewa PUNCHauthoritatively reports.The much-touted project was initiated as part of the renewed efforts to address the persistent energy challenges, which is responsible for the hiccups being experienced over the effective operation of water treatment plants and street lights in the state.Arewa PUNCHrecalls that a former governor, Abdullahi Ganduje, had shortly before leaving office announced that the Tiga 10 megawatts Hydro Power Station had been completed and would be inaugurated on January 29, 2023.He had also informed the residents that the project was already at the pre-launching test stage.Ganduje, who gave the assurance during a visit to the Tiga power plant and Tamburawa Water Treatment Plant, had stressed that the multi-billion naira hydropower station when fully operational would be deployed into the power Tamburawa Water Treatment Plant so as to ensure steady and uninterrupted water supply to the Kano metropolis as well as power the metropolitan street lights which will go a long way at improving security during the night.Ganduje had said, “With the way it was designed from the beginning of the process, the 10 megawatts generated from Tiga station will be used to take care of the Tamburawa Water Treatment Plant and the metropolitan street lights.”Continuing, the governor had also maintained that, “with this, our water issue will be dealt with decisively. So also our street lights issues will soon become history,” adding, “While this project will be inaugurated on January 29, 2023, we are still on a similar project in Challawa Goje Dam, where we are generating six megawatts.”A senior government official in the know about the project but pleaded anonymity, confided inArewa PUNCHwhile corroborating the governor’s claim, that the project upon take-off would truly ensure the availability of drinking water for the huge Kano populace and reduce the incidence of water-borne diseases which had persistently plagued the town for decades due to lack of potable water.A resident, Hadjia Khadijat, who spoke with our correspondent,  disclosed that most of the time, the residents, especially those from the eight local government metropolitan areas were left with no option but to source water from boreholes and other water vendors, thereby exposing themselves to unclean water that could cause cholera outbreak.According to her, the residents are also forced to pay the heavy price burden for water because water vendors, always take advantage of the absence of running water in a densely populated state like Kano, to make brisk business.However, several residents who are familiar with the development have identified the epileptic power supply as one major factor responsible for the acute water shortage in Kano State, while others put the blame on the growing population.Arewa PUNCHinvestigations further revealed that the Kano metropolitan areas alone would require at least 210 million litres of water from the Challawa complex daily, but yet, gets only about 50 million litres being pumped due to the ongoing expansion project in the area.An official at the state Water Board told our correspondent that once the project is completed, the Tamburawa treatment plant will produce 150 million litres of water, and the Challawa complex will produce 210 million litres, for a total of 360 million litres of water per day.Related NewsGovernorship Election Live UpdatesKano uncovers 13-year-old girl, corpers among ineligible workers collecting salariesN4bn fraud trial: Ex-Kano MD, son get bailKano detected 26,271 tuberculosis cases in 2022 – OfficialMeanwhile, in his bid to put an end to the predicaments, the former governor had equally announced that the 10-megawatt power plant was now ready for inauguration in a bid to make it pump water for the state and improve street lighting.In addition, stakeholders say they strongly expect that most of the industries that had cut down on production over lack of steady power supply would come alive and reabsorb their workers who were laid off due to inadequate power supply from the Kano Electricity Distribution Company.As a result, not a few observers and stakeholders insisted that the hydropower station would improve the socio-economic activities of the residents as well as enhance security at night as the street lights will be powered from the station.The power station they noted would have been one of the legacies the administration of former Governor Abdullahi Ganduje would have successfully bequeathed to  Kano State if it had been commissioned and the project put to public use as promised.The Tiga Independent Power Plant project was initially awarded by the administration of the former governor of the state, Engr. Rabi’u Musa Kwankwaso to generate 35MW, using Challawa and Tiga dams.However, when former governor, Abdullahi Ganduje came to power in 2015, he reviewed the project to 13.2MW, after observing that it could yield the desired result and vowed to commission the project before leaving office in May 2023, which he never did.Therefore, it was a big relief to the residents when Governor Abba Kabir Yusuf recently requested the State House of Assembly to approve and grant him access to a loan of N4bn from the Central Bank of Nigeria for the completion of the Tiga and Challawa Hydro-electric power projects, an approval which the House had since granted him.This is a project initiated by the administration of the former governor Rabi’u Kwankwaso, to generate 35MW, using Challawa and Tiga dams. Former Governor Abdullahi Ganduje, who came into power in 2015 and “pretended to be desirous of continuing with the project,” a source volunteered.He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. The much-touted project was initiated as part of the renewed efforts to address the persistent energy challenges, which is responsible for the hiccups being experienced over the effective operation of water treatment plants and street lights in the state.Arewa PUNCHrecalls that a former governor, Abdullahi Ganduje, had shortly before leaving office announced that the Tiga 10 megawatts Hydro Power Station had been completed and would be inaugurated on January 29, 2023.He had also informed the residents that the project was already at the pre-launching test stage.Ganduje, who gave the assurance during a visit to the Tiga power plant and Tamburawa Water Treatment Plant, had stressed that the multi-billion naira hydropower station when fully operational would be deployed into the power Tamburawa Water Treatment Plant so as to ensure steady and uninterrupted water supply to the Kano metropolis as well as power the metropolitan street lights which will go a long way at improving security during the night.Ganduje had said, “With the way it was designed from the beginning of the process, the 10 megawatts generated from Tiga station will be used to take care of the Tamburawa Water Treatment Plant and the metropolitan street lights.”Continuing, the governor had also maintained that, “with this, our water issue will be dealt with decisively. So also our street lights issues will soon become history,” adding, “While this project will be inaugurated on January 29, 2023, we are still on a similar project in Challawa Goje Dam, where we are generating six megawatts.”A senior government official in the know about the project but pleaded anonymity, confided inArewa PUNCHwhile corroborating the governor’s claim, that the project upon take-off would truly ensure the availability of drinking water for the huge Kano populace and reduce the incidence of water-borne diseases which had persistently plagued the town for decades due to lack of potable water.A resident, Hadjia Khadijat, who spoke with our correspondent,  disclosed that most of the time, the residents, especially those from the eight local government metropolitan areas were left with no option but to source water from boreholes and other water vendors, thereby exposing themselves to unclean water that could cause cholera outbreak.According to her, the residents are also forced to pay the heavy price burden for water because water vendors, always take advantage of the absence of running water in a densely populated state like Kano, to make brisk business.However, several residents who are familiar with the development have identified the epileptic power supply as one major factor responsible for the acute water shortage in Kano State, while others put the blame on the growing population.Arewa PUNCHinvestigations further revealed that the Kano metropolitan areas alone would require at least 210 million litres of water from the Challawa complex daily, but yet, gets only about 50 million litres being pumped due to the ongoing expansion project in the area.An official at the state Water Board told our correspondent that once the project is completed, the Tamburawa treatment plant will produce 150 million litres of water, and the Challawa complex will produce 210 million litres, for a total of 360 million litres of water per day.Related NewsGovernorship Election Live UpdatesKano uncovers 13-year-old girl, corpers among ineligible workers collecting salariesN4bn fraud trial: Ex-Kano MD, son get bailKano detected 26,271 tuberculosis cases in 2022 – OfficialMeanwhile, in his bid to put an end to the predicaments, the former governor had equally announced that the 10-megawatt power plant was now ready for inauguration in a bid to make it pump water for the state and improve street lighting.In addition, stakeholders say they strongly expect that most of the industries that had cut down on production over lack of steady power supply would come alive and reabsorb their workers who were laid off due to inadequate power supply from the Kano Electricity Distribution Company.As a result, not a few observers and stakeholders insisted that the hydropower station would improve the socio-economic activities of the residents as well as enhance security at night as the street lights will be powered from the station.The power station they noted would have been one of the legacies the administration of former Governor Abdullahi Ganduje would have successfully bequeathed to  Kano State if it had been commissioned and the project put to public use as promised.The Tiga Independent Power Plant project was initially awarded by the administration of the former governor of the state, Engr. Rabi’u Musa Kwankwaso to generate 35MW, using Challawa and Tiga dams.However, when former governor, Abdullahi Ganduje came to power in 2015, he reviewed the project to 13.2MW, after observing that it could yield the desired result and vowed to commission the project before leaving office in May 2023, which he never did.Therefore, it was a big relief to the residents when Governor Abba Kabir Yusuf recently requested the State House of Assembly to approve and grant him access to a loan of N4bn from the Central Bank of Nigeria for the completion of the Tiga and Challawa Hydro-electric power projects, an approval which the House had since granted him.This is a project initiated by the administration of the former governor Rabi’u Kwankwaso, to generate 35MW, using Challawa and Tiga dams. Former Governor Abdullahi Ganduje, who came into power in 2015 and “pretended to be desirous of continuing with the project,” a source volunteered.He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. Arewa PUNCHrecalls that a former governor, Abdullahi Ganduje, had shortly before leaving office announced that the Tiga 10 megawatts Hydro Power Station had been completed and would be inaugurated on January 29, 2023.He had also informed the residents that the project was already at the pre-launching test stage.Ganduje, who gave the assurance during a visit to the Tiga power plant and Tamburawa Water Treatment Plant, had stressed that the multi-billion naira hydropower station when fully operational would be deployed into the power Tamburawa Water Treatment Plant so as to ensure steady and uninterrupted water supply to the Kano metropolis as well as power the metropolitan street lights which will go a long way at improving security during the night.Ganduje had said, “With the way it was designed from the beginning of the process, the 10 megawatts generated from Tiga station will be used to take care of the Tamburawa Water Treatment Plant and the metropolitan street lights.”Continuing, the governor had also maintained that, “with this, our water issue will be dealt with decisively. So also our street lights issues will soon become history,” adding, “While this project will be inaugurated on January 29, 2023, we are still on a similar project in Challawa Goje Dam, where we are generating six megawatts.”A senior government official in the know about the project but pleaded anonymity, confided inArewa PUNCHwhile corroborating the governor’s claim, that the project upon take-off would truly ensure the availability of drinking water for the huge Kano populace and reduce the incidence of water-borne diseases which had persistently plagued the town for decades due to lack of potable water.A resident, Hadjia Khadijat, who spoke with our correspondent,  disclosed that most of the time, the residents, especially those from the eight local government metropolitan areas were left with no option but to source water from boreholes and other water vendors, thereby exposing themselves to unclean water that could cause cholera outbreak.According to her, the residents are also forced to pay the heavy price burden for water because water vendors, always take advantage of the absence of running water in a densely populated state like Kano, to make brisk business.However, several residents who are familiar with the development have identified the epileptic power supply as one major factor responsible for the acute water shortage in Kano State, while others put the blame on the growing population.Arewa PUNCHinvestigations further revealed that the Kano metropolitan areas alone would require at least 210 million litres of water from the Challawa complex daily, but yet, gets only about 50 million litres being pumped due to the ongoing expansion project in the area.An official at the state Water Board told our correspondent that once the project is completed, the Tamburawa treatment plant will produce 150 million litres of water, and the Challawa complex will produce 210 million litres, for a total of 360 million litres of water per day.Related NewsGovernorship Election Live UpdatesKano uncovers 13-year-old girl, corpers among ineligible workers collecting salariesN4bn fraud trial: Ex-Kano MD, son get bailKano detected 26,271 tuberculosis cases in 2022 – OfficialMeanwhile, in his bid to put an end to the predicaments, the former governor had equally announced that the 10-megawatt power plant was now ready for inauguration in a bid to make it pump water for the state and improve street lighting.In addition, stakeholders say they strongly expect that most of the industries that had cut down on production over lack of steady power supply would come alive and reabsorb their workers who were laid off due to inadequate power supply from the Kano Electricity Distribution Company.As a result, not a few observers and stakeholders insisted that the hydropower station would improve the socio-economic activities of the residents as well as enhance security at night as the street lights will be powered from the station.The power station they noted would have been one of the legacies the administration of former Governor Abdullahi Ganduje would have successfully bequeathed to  Kano State if it had been commissioned and the project put to public use as promised.The Tiga Independent Power Plant project was initially awarded by the administration of the former governor of the state, Engr. Rabi’u Musa Kwankwaso to generate 35MW, using Challawa and Tiga dams.However, when former governor, Abdullahi Ganduje came to power in 2015, he reviewed the project to 13.2MW, after observing that it could yield the desired result and vowed to commission the project before leaving office in May 2023, which he never did.Therefore, it was a big relief to the residents when Governor Abba Kabir Yusuf recently requested the State House of Assembly to approve and grant him access to a loan of N4bn from the Central Bank of Nigeria for the completion of the Tiga and Challawa Hydro-electric power projects, an approval which the House had since granted him.This is a project initiated by the administration of the former governor Rabi’u Kwankwaso, to generate 35MW, using Challawa and Tiga dams. Former Governor Abdullahi Ganduje, who came into power in 2015 and “pretended to be desirous of continuing with the project,” a source volunteered.He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. He had also informed the residents that the project was already at the pre-launching test stage.Ganduje, who gave the assurance during a visit to the Tiga power plant and Tamburawa Water Treatment Plant, had stressed that the multi-billion naira hydropower station when fully operational would be deployed into the power Tamburawa Water Treatment Plant so as to ensure steady and uninterrupted water supply to the Kano metropolis as well as power the metropolitan street lights which will go a long way at improving security during the night.Ganduje had said, “With the way it was designed from the beginning of the process, the 10 megawatts generated from Tiga station will be used to take care of the Tamburawa Water Treatment Plant and the metropolitan street lights.”Continuing, the governor had also maintained that, “with this, our water issue will be dealt with decisively. So also our street lights issues will soon become history,” adding, “While this project will be inaugurated on January 29, 2023, we are still on a similar project in Challawa Goje Dam, where we are generating six megawatts.”A senior government official in the know about the project but pleaded anonymity, confided inArewa PUNCHwhile corroborating the governor’s claim, that the project upon take-off would truly ensure the availability of drinking water for the huge Kano populace and reduce the incidence of water-borne diseases which had persistently plagued the town for decades due to lack of potable water.A resident, Hadjia Khadijat, who spoke with our correspondent,  disclosed that most of the time, the residents, especially those from the eight local government metropolitan areas were left with no option but to source water from boreholes and other water vendors, thereby exposing themselves to unclean water that could cause cholera outbreak.According to her, the residents are also forced to pay the heavy price burden for water because water vendors, always take advantage of the absence of running water in a densely populated state like Kano, to make brisk business.However, several residents who are familiar with the development have identified the epileptic power supply as one major factor responsible for the acute water shortage in Kano State, while others put the blame on the growing population.Arewa PUNCHinvestigations further revealed that the Kano metropolitan areas alone would require at least 210 million litres of water from the Challawa complex daily, but yet, gets only about 50 million litres being pumped due to the ongoing expansion project in the area.An official at the state Water Board told our correspondent that once the project is completed, the Tamburawa treatment plant will produce 150 million litres of water, and the Challawa complex will produce 210 million litres, for a total of 360 million litres of water per day.Related NewsGovernorship Election Live UpdatesKano uncovers 13-year-old girl, corpers among ineligible workers collecting salariesN4bn fraud trial: Ex-Kano MD, son get bailKano detected 26,271 tuberculosis cases in 2022 – OfficialMeanwhile, in his bid to put an end to the predicaments, the former governor had equally announced that the 10-megawatt power plant was now ready for inauguration in a bid to make it pump water for the state and improve street lighting.In addition, stakeholders say they strongly expect that most of the industries that had cut down on production over lack of steady power supply would come alive and reabsorb their workers who were laid off due to inadequate power supply from the Kano Electricity Distribution Company.As a result, not a few observers and stakeholders insisted that the hydropower station would improve the socio-economic activities of the residents as well as enhance security at night as the street lights will be powered from the station.The power station they noted would have been one of the legacies the administration of former Governor Abdullahi Ganduje would have successfully bequeathed to  Kano State if it had been commissioned and the project put to public use as promised.The Tiga Independent Power Plant project was initially awarded by the administration of the former governor of the state, Engr. Rabi’u Musa Kwankwaso to generate 35MW, using Challawa and Tiga dams.However, when former governor, Abdullahi Ganduje came to power in 2015, he reviewed the project to 13.2MW, after observing that it could yield the desired result and vowed to commission the project before leaving office in May 2023, which he never did.Therefore, it was a big relief to the residents when Governor Abba Kabir Yusuf recently requested the State House of Assembly to approve and grant him access to a loan of N4bn from the Central Bank of Nigeria for the completion of the Tiga and Challawa Hydro-electric power projects, an approval which the House had since granted him.This is a project initiated by the administration of the former governor Rabi’u Kwankwaso, to generate 35MW, using Challawa and Tiga dams. Former Governor Abdullahi Ganduje, who came into power in 2015 and “pretended to be desirous of continuing with the project,” a source volunteered.He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. Ganduje, who gave the assurance during a visit to the Tiga power plant and Tamburawa Water Treatment Plant, had stressed that the multi-billion naira hydropower station when fully operational would be deployed into the power Tamburawa Water Treatment Plant so as to ensure steady and uninterrupted water supply to the Kano metropolis as well as power the metropolitan street lights which will go a long way at improving security during the night.Ganduje had said, “With the way it was designed from the beginning of the process, the 10 megawatts generated from Tiga station will be used to take care of the Tamburawa Water Treatment Plant and the metropolitan street lights.”Continuing, the governor had also maintained that, “with this, our water issue will be dealt with decisively. So also our street lights issues will soon become history,” adding, “While this project will be inaugurated on January 29, 2023, we are still on a similar project in Challawa Goje Dam, where we are generating six megawatts.”A senior government official in the know about the project but pleaded anonymity, confided inArewa PUNCHwhile corroborating the governor’s claim, that the project upon take-off would truly ensure the availability of drinking water for the huge Kano populace and reduce the incidence of water-borne diseases which had persistently plagued the town for decades due to lack of potable water.A resident, Hadjia Khadijat, who spoke with our correspondent,  disclosed that most of the time, the residents, especially those from the eight local government metropolitan areas were left with no option but to source water from boreholes and other water vendors, thereby exposing themselves to unclean water that could cause cholera outbreak.According to her, the residents are also forced to pay the heavy price burden for water because water vendors, always take advantage of the absence of running water in a densely populated state like Kano, to make brisk business.However, several residents who are familiar with the development have identified the epileptic power supply as one major factor responsible for the acute water shortage in Kano State, while others put the blame on the growing population.Arewa PUNCHinvestigations further revealed that the Kano metropolitan areas alone would require at least 210 million litres of water from the Challawa complex daily, but yet, gets only about 50 million litres being pumped due to the ongoing expansion project in the area.An official at the state Water Board told our correspondent that once the project is completed, the Tamburawa treatment plant will produce 150 million litres of water, and the Challawa complex will produce 210 million litres, for a total of 360 million litres of water per day.Related NewsGovernorship Election Live UpdatesKano uncovers 13-year-old girl, corpers among ineligible workers collecting salariesN4bn fraud trial: Ex-Kano MD, son get bailKano detected 26,271 tuberculosis cases in 2022 – OfficialMeanwhile, in his bid to put an end to the predicaments, the former governor had equally announced that the 10-megawatt power plant was now ready for inauguration in a bid to make it pump water for the state and improve street lighting.In addition, stakeholders say they strongly expect that most of the industries that had cut down on production over lack of steady power supply would come alive and reabsorb their workers who were laid off due to inadequate power supply from the Kano Electricity Distribution Company.As a result, not a few observers and stakeholders insisted that the hydropower station would improve the socio-economic activities of the residents as well as enhance security at night as the street lights will be powered from the station.The power station they noted would have been one of the legacies the administration of former Governor Abdullahi Ganduje would have successfully bequeathed to  Kano State if it had been commissioned and the project put to public use as promised.The Tiga Independent Power Plant project was initially awarded by the administration of the former governor of the state, Engr. Rabi’u Musa Kwankwaso to generate 35MW, using Challawa and Tiga dams.However, when former governor, Abdullahi Ganduje came to power in 2015, he reviewed the project to 13.2MW, after observing that it could yield the desired result and vowed to commission the project before leaving office in May 2023, which he never did.Therefore, it was a big relief to the residents when Governor Abba Kabir Yusuf recently requested the State House of Assembly to approve and grant him access to a loan of N4bn from the Central Bank of Nigeria for the completion of the Tiga and Challawa Hydro-electric power projects, an approval which the House had since granted him.This is a project initiated by the administration of the former governor Rabi’u Kwankwaso, to generate 35MW, using Challawa and Tiga dams. Former Governor Abdullahi Ganduje, who came into power in 2015 and “pretended to be desirous of continuing with the project,” a source volunteered.He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. Ganduje had said, “With the way it was designed from the beginning of the process, the 10 megawatts generated from Tiga station will be used to take care of the Tamburawa Water Treatment Plant and the metropolitan street lights.”Continuing, the governor had also maintained that, “with this, our water issue will be dealt with decisively. So also our street lights issues will soon become history,” adding, “While this project will be inaugurated on January 29, 2023, we are still on a similar project in Challawa Goje Dam, where we are generating six megawatts.”A senior government official in the know about the project but pleaded anonymity, confided inArewa PUNCHwhile corroborating the governor’s claim, that the project upon take-off would truly ensure the availability of drinking water for the huge Kano populace and reduce the incidence of water-borne diseases which had persistently plagued the town for decades due to lack of potable water.A resident, Hadjia Khadijat, who spoke with our correspondent,  disclosed that most of the time, the residents, especially those from the eight local government metropolitan areas were left with no option but to source water from boreholes and other water vendors, thereby exposing themselves to unclean water that could cause cholera outbreak.According to her, the residents are also forced to pay the heavy price burden for water because water vendors, always take advantage of the absence of running water in a densely populated state like Kano, to make brisk business.However, several residents who are familiar with the development have identified the epileptic power supply as one major factor responsible for the acute water shortage in Kano State, while others put the blame on the growing population.Arewa PUNCHinvestigations further revealed that the Kano metropolitan areas alone would require at least 210 million litres of water from the Challawa complex daily, but yet, gets only about 50 million litres being pumped due to the ongoing expansion project in the area.An official at the state Water Board told our correspondent that once the project is completed, the Tamburawa treatment plant will produce 150 million litres of water, and the Challawa complex will produce 210 million litres, for a total of 360 million litres of water per day.Related NewsGovernorship Election Live UpdatesKano uncovers 13-year-old girl, corpers among ineligible workers collecting salariesN4bn fraud trial: Ex-Kano MD, son get bailKano detected 26,271 tuberculosis cases in 2022 – OfficialMeanwhile, in his bid to put an end to the predicaments, the former governor had equally announced that the 10-megawatt power plant was now ready for inauguration in a bid to make it pump water for the state and improve street lighting.In addition, stakeholders say they strongly expect that most of the industries that had cut down on production over lack of steady power supply would come alive and reabsorb their workers who were laid off due to inadequate power supply from the Kano Electricity Distribution Company.As a result, not a few observers and stakeholders insisted that the hydropower station would improve the socio-economic activities of the residents as well as enhance security at night as the street lights will be powered from the station.The power station they noted would have been one of the legacies the administration of former Governor Abdullahi Ganduje would have successfully bequeathed to  Kano State if it had been commissioned and the project put to public use as promised.The Tiga Independent Power Plant project was initially awarded by the administration of the former governor of the state, Engr. Rabi’u Musa Kwankwaso to generate 35MW, using Challawa and Tiga dams.However, when former governor, Abdullahi Ganduje came to power in 2015, he reviewed the project to 13.2MW, after observing that it could yield the desired result and vowed to commission the project before leaving office in May 2023, which he never did.Therefore, it was a big relief to the residents when Governor Abba Kabir Yusuf recently requested the State House of Assembly to approve and grant him access to a loan of N4bn from the Central Bank of Nigeria for the completion of the Tiga and Challawa Hydro-electric power projects, an approval which the House had since granted him.This is a project initiated by the administration of the former governor Rabi’u Kwankwaso, to generate 35MW, using Challawa and Tiga dams. Former Governor Abdullahi Ganduje, who came into power in 2015 and “pretended to be desirous of continuing with the project,” a source volunteered.He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. Continuing, the governor had also maintained that, “with this, our water issue will be dealt with decisively. So also our street lights issues will soon become history,” adding, “While this project will be inaugurated on January 29, 2023, we are still on a similar project in Challawa Goje Dam, where we are generating six megawatts.”A senior government official in the know about the project but pleaded anonymity, confided inArewa PUNCHwhile corroborating the governor’s claim, that the project upon take-off would truly ensure the availability of drinking water for the huge Kano populace and reduce the incidence of water-borne diseases which had persistently plagued the town for decades due to lack of potable water.A resident, Hadjia Khadijat, who spoke with our correspondent,  disclosed that most of the time, the residents, especially those from the eight local government metropolitan areas were left with no option but to source water from boreholes and other water vendors, thereby exposing themselves to unclean water that could cause cholera outbreak.According to her, the residents are also forced to pay the heavy price burden for water because water vendors, always take advantage of the absence of running water in a densely populated state like Kano, to make brisk business.However, several residents who are familiar with the development have identified the epileptic power supply as one major factor responsible for the acute water shortage in Kano State, while others put the blame on the growing population.Arewa PUNCHinvestigations further revealed that the Kano metropolitan areas alone would require at least 210 million litres of water from the Challawa complex daily, but yet, gets only about 50 million litres being pumped due to the ongoing expansion project in the area.An official at the state Water Board told our correspondent that once the project is completed, the Tamburawa treatment plant will produce 150 million litres of water, and the Challawa complex will produce 210 million litres, for a total of 360 million litres of water per day.Related NewsGovernorship Election Live UpdatesKano uncovers 13-year-old girl, corpers among ineligible workers collecting salariesN4bn fraud trial: Ex-Kano MD, son get bailKano detected 26,271 tuberculosis cases in 2022 – OfficialMeanwhile, in his bid to put an end to the predicaments, the former governor had equally announced that the 10-megawatt power plant was now ready for inauguration in a bid to make it pump water for the state and improve street lighting.In addition, stakeholders say they strongly expect that most of the industries that had cut down on production over lack of steady power supply would come alive and reabsorb their workers who were laid off due to inadequate power supply from the Kano Electricity Distribution Company.As a result, not a few observers and stakeholders insisted that the hydropower station would improve the socio-economic activities of the residents as well as enhance security at night as the street lights will be powered from the station.The power station they noted would have been one of the legacies the administration of former Governor Abdullahi Ganduje would have successfully bequeathed to  Kano State if it had been commissioned and the project put to public use as promised.The Tiga Independent Power Plant project was initially awarded by the administration of the former governor of the state, Engr. Rabi’u Musa Kwankwaso to generate 35MW, using Challawa and Tiga dams.However, when former governor, Abdullahi Ganduje came to power in 2015, he reviewed the project to 13.2MW, after observing that it could yield the desired result and vowed to commission the project before leaving office in May 2023, which he never did.Therefore, it was a big relief to the residents when Governor Abba Kabir Yusuf recently requested the State House of Assembly to approve and grant him access to a loan of N4bn from the Central Bank of Nigeria for the completion of the Tiga and Challawa Hydro-electric power projects, an approval which the House had since granted him.This is a project initiated by the administration of the former governor Rabi’u Kwankwaso, to generate 35MW, using Challawa and Tiga dams. Former Governor Abdullahi Ganduje, who came into power in 2015 and “pretended to be desirous of continuing with the project,” a source volunteered.He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. A senior government official in the know about the project but pleaded anonymity, confided inArewa PUNCHwhile corroborating the governor’s claim, that the project upon take-off would truly ensure the availability of drinking water for the huge Kano populace and reduce the incidence of water-borne diseases which had persistently plagued the town for decades due to lack of potable water.A resident, Hadjia Khadijat, who spoke with our correspondent,  disclosed that most of the time, the residents, especially those from the eight local government metropolitan areas were left with no option but to source water from boreholes and other water vendors, thereby exposing themselves to unclean water that could cause cholera outbreak.According to her, the residents are also forced to pay the heavy price burden for water because water vendors, always take advantage of the absence of running water in a densely populated state like Kano, to make brisk business.However, several residents who are familiar with the development have identified the epileptic power supply as one major factor responsible for the acute water shortage in Kano State, while others put the blame on the growing population.Arewa PUNCHinvestigations further revealed that the Kano metropolitan areas alone would require at least 210 million litres of water from the Challawa complex daily, but yet, gets only about 50 million litres being pumped due to the ongoing expansion project in the area.An official at the state Water Board told our correspondent that once the project is completed, the Tamburawa treatment plant will produce 150 million litres of water, and the Challawa complex will produce 210 million litres, for a total of 360 million litres of water per day.Related NewsGovernorship Election Live UpdatesKano uncovers 13-year-old girl, corpers among ineligible workers collecting salariesN4bn fraud trial: Ex-Kano MD, son get bailKano detected 26,271 tuberculosis cases in 2022 – OfficialMeanwhile, in his bid to put an end to the predicaments, the former governor had equally announced that the 10-megawatt power plant was now ready for inauguration in a bid to make it pump water for the state and improve street lighting.In addition, stakeholders say they strongly expect that most of the industries that had cut down on production over lack of steady power supply would come alive and reabsorb their workers who were laid off due to inadequate power supply from the Kano Electricity Distribution Company.As a result, not a few observers and stakeholders insisted that the hydropower station would improve the socio-economic activities of the residents as well as enhance security at night as the street lights will be powered from the station.The power station they noted would have been one of the legacies the administration of former Governor Abdullahi Ganduje would have successfully bequeathed to  Kano State if it had been commissioned and the project put to public use as promised.The Tiga Independent Power Plant project was initially awarded by the administration of the former governor of the state, Engr. Rabi’u Musa Kwankwaso to generate 35MW, using Challawa and Tiga dams.However, when former governor, Abdullahi Ganduje came to power in 2015, he reviewed the project to 13.2MW, after observing that it could yield the desired result and vowed to commission the project before leaving office in May 2023, which he never did.Therefore, it was a big relief to the residents when Governor Abba Kabir Yusuf recently requested the State House of Assembly to approve and grant him access to a loan of N4bn from the Central Bank of Nigeria for the completion of the Tiga and Challawa Hydro-electric power projects, an approval which the House had since granted him.This is a project initiated by the administration of the former governor Rabi’u Kwankwaso, to generate 35MW, using Challawa and Tiga dams. Former Governor Abdullahi Ganduje, who came into power in 2015 and “pretended to be desirous of continuing with the project,” a source volunteered.He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. A resident, Hadjia Khadijat, who spoke with our correspondent,  disclosed that most of the time, the residents, especially those from the eight local government metropolitan areas were left with no option but to source water from boreholes and other water vendors, thereby exposing themselves to unclean water that could cause cholera outbreak.According to her, the residents are also forced to pay the heavy price burden for water because water vendors, always take advantage of the absence of running water in a densely populated state like Kano, to make brisk business.However, several residents who are familiar with the development have identified the epileptic power supply as one major factor responsible for the acute water shortage in Kano State, while others put the blame on the growing population.Arewa PUNCHinvestigations further revealed that the Kano metropolitan areas alone would require at least 210 million litres of water from the Challawa complex daily, but yet, gets only about 50 million litres being pumped due to the ongoing expansion project in the area.An official at the state Water Board told our correspondent that once the project is completed, the Tamburawa treatment plant will produce 150 million litres of water, and the Challawa complex will produce 210 million litres, for a total of 360 million litres of water per day.Related NewsGovernorship Election Live UpdatesKano uncovers 13-year-old girl, corpers among ineligible workers collecting salariesN4bn fraud trial: Ex-Kano MD, son get bailKano detected 26,271 tuberculosis cases in 2022 – OfficialMeanwhile, in his bid to put an end to the predicaments, the former governor had equally announced that the 10-megawatt power plant was now ready for inauguration in a bid to make it pump water for the state and improve street lighting.In addition, stakeholders say they strongly expect that most of the industries that had cut down on production over lack of steady power supply would come alive and reabsorb their workers who were laid off due to inadequate power supply from the Kano Electricity Distribution Company.As a result, not a few observers and stakeholders insisted that the hydropower station would improve the socio-economic activities of the residents as well as enhance security at night as the street lights will be powered from the station.The power station they noted would have been one of the legacies the administration of former Governor Abdullahi Ganduje would have successfully bequeathed to  Kano State if it had been commissioned and the project put to public use as promised.The Tiga Independent Power Plant project was initially awarded by the administration of the former governor of the state, Engr. Rabi’u Musa Kwankwaso to generate 35MW, using Challawa and Tiga dams.However, when former governor, Abdullahi Ganduje came to power in 2015, he reviewed the project to 13.2MW, after observing that it could yield the desired result and vowed to commission the project before leaving office in May 2023, which he never did.Therefore, it was a big relief to the residents when Governor Abba Kabir Yusuf recently requested the State House of Assembly to approve and grant him access to a loan of N4bn from the Central Bank of Nigeria for the completion of the Tiga and Challawa Hydro-electric power projects, an approval which the House had since granted him.This is a project initiated by the administration of the former governor Rabi’u Kwankwaso, to generate 35MW, using Challawa and Tiga dams. Former Governor Abdullahi Ganduje, who came into power in 2015 and “pretended to be desirous of continuing with the project,” a source volunteered.He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. According to her, the residents are also forced to pay the heavy price burden for water because water vendors, always take advantage of the absence of running water in a densely populated state like Kano, to make brisk business.However, several residents who are familiar with the development have identified the epileptic power supply as one major factor responsible for the acute water shortage in Kano State, while others put the blame on the growing population.Arewa PUNCHinvestigations further revealed that the Kano metropolitan areas alone would require at least 210 million litres of water from the Challawa complex daily, but yet, gets only about 50 million litres being pumped due to the ongoing expansion project in the area.An official at the state Water Board told our correspondent that once the project is completed, the Tamburawa treatment plant will produce 150 million litres of water, and the Challawa complex will produce 210 million litres, for a total of 360 million litres of water per day.Related NewsGovernorship Election Live UpdatesKano uncovers 13-year-old girl, corpers among ineligible workers collecting salariesN4bn fraud trial: Ex-Kano MD, son get bailKano detected 26,271 tuberculosis cases in 2022 – OfficialMeanwhile, in his bid to put an end to the predicaments, the former governor had equally announced that the 10-megawatt power plant was now ready for inauguration in a bid to make it pump water for the state and improve street lighting.In addition, stakeholders say they strongly expect that most of the industries that had cut down on production over lack of steady power supply would come alive and reabsorb their workers who were laid off due to inadequate power supply from the Kano Electricity Distribution Company.As a result, not a few observers and stakeholders insisted that the hydropower station would improve the socio-economic activities of the residents as well as enhance security at night as the street lights will be powered from the station.The power station they noted would have been one of the legacies the administration of former Governor Abdullahi Ganduje would have successfully bequeathed to  Kano State if it had been commissioned and the project put to public use as promised.The Tiga Independent Power Plant project was initially awarded by the administration of the former governor of the state, Engr. Rabi’u Musa Kwankwaso to generate 35MW, using Challawa and Tiga dams.However, when former governor, Abdullahi Ganduje came to power in 2015, he reviewed the project to 13.2MW, after observing that it could yield the desired result and vowed to commission the project before leaving office in May 2023, which he never did.Therefore, it was a big relief to the residents when Governor Abba Kabir Yusuf recently requested the State House of Assembly to approve and grant him access to a loan of N4bn from the Central Bank of Nigeria for the completion of the Tiga and Challawa Hydro-electric power projects, an approval which the House had since granted him.This is a project initiated by the administration of the former governor Rabi’u Kwankwaso, to generate 35MW, using Challawa and Tiga dams. Former Governor Abdullahi Ganduje, who came into power in 2015 and “pretended to be desirous of continuing with the project,” a source volunteered.He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. However, several residents who are familiar with the development have identified the epileptic power supply as one major factor responsible for the acute water shortage in Kano State, while others put the blame on the growing population.Arewa PUNCHinvestigations further revealed that the Kano metropolitan areas alone would require at least 210 million litres of water from the Challawa complex daily, but yet, gets only about 50 million litres being pumped due to the ongoing expansion project in the area.An official at the state Water Board told our correspondent that once the project is completed, the Tamburawa treatment plant will produce 150 million litres of water, and the Challawa complex will produce 210 million litres, for a total of 360 million litres of water per day.Related NewsGovernorship Election Live UpdatesKano uncovers 13-year-old girl, corpers among ineligible workers collecting salariesN4bn fraud trial: Ex-Kano MD, son get bailKano detected 26,271 tuberculosis cases in 2022 – OfficialMeanwhile, in his bid to put an end to the predicaments, the former governor had equally announced that the 10-megawatt power plant was now ready for inauguration in a bid to make it pump water for the state and improve street lighting.In addition, stakeholders say they strongly expect that most of the industries that had cut down on production over lack of steady power supply would come alive and reabsorb their workers who were laid off due to inadequate power supply from the Kano Electricity Distribution Company.As a result, not a few observers and stakeholders insisted that the hydropower station would improve the socio-economic activities of the residents as well as enhance security at night as the street lights will be powered from the station.The power station they noted would have been one of the legacies the administration of former Governor Abdullahi Ganduje would have successfully bequeathed to  Kano State if it had been commissioned and the project put to public use as promised.The Tiga Independent Power Plant project was initially awarded by the administration of the former governor of the state, Engr. Rabi’u Musa Kwankwaso to generate 35MW, using Challawa and Tiga dams.However, when former governor, Abdullahi Ganduje came to power in 2015, he reviewed the project to 13.2MW, after observing that it could yield the desired result and vowed to commission the project before leaving office in May 2023, which he never did.Therefore, it was a big relief to the residents when Governor Abba Kabir Yusuf recently requested the State House of Assembly to approve and grant him access to a loan of N4bn from the Central Bank of Nigeria for the completion of the Tiga and Challawa Hydro-electric power projects, an approval which the House had since granted him.This is a project initiated by the administration of the former governor Rabi’u Kwankwaso, to generate 35MW, using Challawa and Tiga dams. Former Governor Abdullahi Ganduje, who came into power in 2015 and “pretended to be desirous of continuing with the project,” a source volunteered.He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. Arewa PUNCHinvestigations further revealed that the Kano metropolitan areas alone would require at least 210 million litres of water from the Challawa complex daily, but yet, gets only about 50 million litres being pumped due to the ongoing expansion project in the area.An official at the state Water Board told our correspondent that once the project is completed, the Tamburawa treatment plant will produce 150 million litres of water, and the Challawa complex will produce 210 million litres, for a total of 360 million litres of water per day.Related NewsGovernorship Election Live UpdatesKano uncovers 13-year-old girl, corpers among ineligible workers collecting salariesN4bn fraud trial: Ex-Kano MD, son get bailKano detected 26,271 tuberculosis cases in 2022 – OfficialMeanwhile, in his bid to put an end to the predicaments, the former governor had equally announced that the 10-megawatt power plant was now ready for inauguration in a bid to make it pump water for the state and improve street lighting.In addition, stakeholders say they strongly expect that most of the industries that had cut down on production over lack of steady power supply would come alive and reabsorb their workers who were laid off due to inadequate power supply from the Kano Electricity Distribution Company.As a result, not a few observers and stakeholders insisted that the hydropower station would improve the socio-economic activities of the residents as well as enhance security at night as the street lights will be powered from the station.The power station they noted would have been one of the legacies the administration of former Governor Abdullahi Ganduje would have successfully bequeathed to  Kano State if it had been commissioned and the project put to public use as promised.The Tiga Independent Power Plant project was initially awarded by the administration of the former governor of the state, Engr. Rabi’u Musa Kwankwaso to generate 35MW, using Challawa and Tiga dams.However, when former governor, Abdullahi Ganduje came to power in 2015, he reviewed the project to 13.2MW, after observing that it could yield the desired result and vowed to commission the project before leaving office in May 2023, which he never did.Therefore, it was a big relief to the residents when Governor Abba Kabir Yusuf recently requested the State House of Assembly to approve and grant him access to a loan of N4bn from the Central Bank of Nigeria for the completion of the Tiga and Challawa Hydro-electric power projects, an approval which the House had since granted him.This is a project initiated by the administration of the former governor Rabi’u Kwankwaso, to generate 35MW, using Challawa and Tiga dams. Former Governor Abdullahi Ganduje, who came into power in 2015 and “pretended to be desirous of continuing with the project,” a source volunteered.He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. An official at the state Water Board told our correspondent that once the project is completed, the Tamburawa treatment plant will produce 150 million litres of water, and the Challawa complex will produce 210 million litres, for a total of 360 million litres of water per day.Related NewsGovernorship Election Live UpdatesKano uncovers 13-year-old girl, corpers among ineligible workers collecting salariesN4bn fraud trial: Ex-Kano MD, son get bailKano detected 26,271 tuberculosis cases in 2022 – OfficialMeanwhile, in his bid to put an end to the predicaments, the former governor had equally announced that the 10-megawatt power plant was now ready for inauguration in a bid to make it pump water for the state and improve street lighting.In addition, stakeholders say they strongly expect that most of the industries that had cut down on production over lack of steady power supply would come alive and reabsorb their workers who were laid off due to inadequate power supply from the Kano Electricity Distribution Company.As a result, not a few observers and stakeholders insisted that the hydropower station would improve the socio-economic activities of the residents as well as enhance security at night as the street lights will be powered from the station.The power station they noted would have been one of the legacies the administration of former Governor Abdullahi Ganduje would have successfully bequeathed to  Kano State if it had been commissioned and the project put to public use as promised.The Tiga Independent Power Plant project was initially awarded by the administration of the former governor of the state, Engr. Rabi’u Musa Kwankwaso to generate 35MW, using Challawa and Tiga dams.However, when former governor, Abdullahi Ganduje came to power in 2015, he reviewed the project to 13.2MW, after observing that it could yield the desired result and vowed to commission the project before leaving office in May 2023, which he never did.Therefore, it was a big relief to the residents when Governor Abba Kabir Yusuf recently requested the State House of Assembly to approve and grant him access to a loan of N4bn from the Central Bank of Nigeria for the completion of the Tiga and Challawa Hydro-electric power projects, an approval which the House had since granted him.This is a project initiated by the administration of the former governor Rabi’u Kwankwaso, to generate 35MW, using Challawa and Tiga dams. Former Governor Abdullahi Ganduje, who came into power in 2015 and “pretended to be desirous of continuing with the project,” a source volunteered.He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. Meanwhile, in his bid to put an end to the predicaments, the former governor had equally announced that the 10-megawatt power plant was now ready for inauguration in a bid to make it pump water for the state and improve street lighting.In addition, stakeholders say they strongly expect that most of the industries that had cut down on production over lack of steady power supply would come alive and reabsorb their workers who were laid off due to inadequate power supply from the Kano Electricity Distribution Company.As a result, not a few observers and stakeholders insisted that the hydropower station would improve the socio-economic activities of the residents as well as enhance security at night as the street lights will be powered from the station.The power station they noted would have been one of the legacies the administration of former Governor Abdullahi Ganduje would have successfully bequeathed to  Kano State if it had been commissioned and the project put to public use as promised.The Tiga Independent Power Plant project was initially awarded by the administration of the former governor of the state, Engr. Rabi’u Musa Kwankwaso to generate 35MW, using Challawa and Tiga dams.However, when former governor, Abdullahi Ganduje came to power in 2015, he reviewed the project to 13.2MW, after observing that it could yield the desired result and vowed to commission the project before leaving office in May 2023, which he never did.Therefore, it was a big relief to the residents when Governor Abba Kabir Yusuf recently requested the State House of Assembly to approve and grant him access to a loan of N4bn from the Central Bank of Nigeria for the completion of the Tiga and Challawa Hydro-electric power projects, an approval which the House had since granted him.This is a project initiated by the administration of the former governor Rabi’u Kwankwaso, to generate 35MW, using Challawa and Tiga dams. Former Governor Abdullahi Ganduje, who came into power in 2015 and “pretended to be desirous of continuing with the project,” a source volunteered.He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. In addition, stakeholders say they strongly expect that most of the industries that had cut down on production over lack of steady power supply would come alive and reabsorb their workers who were laid off due to inadequate power supply from the Kano Electricity Distribution Company.As a result, not a few observers and stakeholders insisted that the hydropower station would improve the socio-economic activities of the residents as well as enhance security at night as the street lights will be powered from the station.The power station they noted would have been one of the legacies the administration of former Governor Abdullahi Ganduje would have successfully bequeathed to  Kano State if it had been commissioned and the project put to public use as promised.The Tiga Independent Power Plant project was initially awarded by the administration of the former governor of the state, Engr. Rabi’u Musa Kwankwaso to generate 35MW, using Challawa and Tiga dams.However, when former governor, Abdullahi Ganduje came to power in 2015, he reviewed the project to 13.2MW, after observing that it could yield the desired result and vowed to commission the project before leaving office in May 2023, which he never did.Therefore, it was a big relief to the residents when Governor Abba Kabir Yusuf recently requested the State House of Assembly to approve and grant him access to a loan of N4bn from the Central Bank of Nigeria for the completion of the Tiga and Challawa Hydro-electric power projects, an approval which the House had since granted him.This is a project initiated by the administration of the former governor Rabi’u Kwankwaso, to generate 35MW, using Challawa and Tiga dams. Former Governor Abdullahi Ganduje, who came into power in 2015 and “pretended to be desirous of continuing with the project,” a source volunteered.He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. As a result, not a few observers and stakeholders insisted that the hydropower station would improve the socio-economic activities of the residents as well as enhance security at night as the street lights will be powered from the station.The power station they noted would have been one of the legacies the administration of former Governor Abdullahi Ganduje would have successfully bequeathed to  Kano State if it had been commissioned and the project put to public use as promised.The Tiga Independent Power Plant project was initially awarded by the administration of the former governor of the state, Engr. Rabi’u Musa Kwankwaso to generate 35MW, using Challawa and Tiga dams.However, when former governor, Abdullahi Ganduje came to power in 2015, he reviewed the project to 13.2MW, after observing that it could yield the desired result and vowed to commission the project before leaving office in May 2023, which he never did.Therefore, it was a big relief to the residents when Governor Abba Kabir Yusuf recently requested the State House of Assembly to approve and grant him access to a loan of N4bn from the Central Bank of Nigeria for the completion of the Tiga and Challawa Hydro-electric power projects, an approval which the House had since granted him.This is a project initiated by the administration of the former governor Rabi’u Kwankwaso, to generate 35MW, using Challawa and Tiga dams. Former Governor Abdullahi Ganduje, who came into power in 2015 and “pretended to be desirous of continuing with the project,” a source volunteered.He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. The power station they noted would have been one of the legacies the administration of former Governor Abdullahi Ganduje would have successfully bequeathed to  Kano State if it had been commissioned and the project put to public use as promised.The Tiga Independent Power Plant project was initially awarded by the administration of the former governor of the state, Engr. Rabi’u Musa Kwankwaso to generate 35MW, using Challawa and Tiga dams.However, when former governor, Abdullahi Ganduje came to power in 2015, he reviewed the project to 13.2MW, after observing that it could yield the desired result and vowed to commission the project before leaving office in May 2023, which he never did.Therefore, it was a big relief to the residents when Governor Abba Kabir Yusuf recently requested the State House of Assembly to approve and grant him access to a loan of N4bn from the Central Bank of Nigeria for the completion of the Tiga and Challawa Hydro-electric power projects, an approval which the House had since granted him.This is a project initiated by the administration of the former governor Rabi’u Kwankwaso, to generate 35MW, using Challawa and Tiga dams. Former Governor Abdullahi Ganduje, who came into power in 2015 and “pretended to be desirous of continuing with the project,” a source volunteered.He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. The Tiga Independent Power Plant project was initially awarded by the administration of the former governor of the state, Engr. Rabi’u Musa Kwankwaso to generate 35MW, using Challawa and Tiga dams.However, when former governor, Abdullahi Ganduje came to power in 2015, he reviewed the project to 13.2MW, after observing that it could yield the desired result and vowed to commission the project before leaving office in May 2023, which he never did.Therefore, it was a big relief to the residents when Governor Abba Kabir Yusuf recently requested the State House of Assembly to approve and grant him access to a loan of N4bn from the Central Bank of Nigeria for the completion of the Tiga and Challawa Hydro-electric power projects, an approval which the House had since granted him.This is a project initiated by the administration of the former governor Rabi’u Kwankwaso, to generate 35MW, using Challawa and Tiga dams. Former Governor Abdullahi Ganduje, who came into power in 2015 and “pretended to be desirous of continuing with the project,” a source volunteered.He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. However, when former governor, Abdullahi Ganduje came to power in 2015, he reviewed the project to 13.2MW, after observing that it could yield the desired result and vowed to commission the project before leaving office in May 2023, which he never did.Therefore, it was a big relief to the residents when Governor Abba Kabir Yusuf recently requested the State House of Assembly to approve and grant him access to a loan of N4bn from the Central Bank of Nigeria for the completion of the Tiga and Challawa Hydro-electric power projects, an approval which the House had since granted him.This is a project initiated by the administration of the former governor Rabi’u Kwankwaso, to generate 35MW, using Challawa and Tiga dams. Former Governor Abdullahi Ganduje, who came into power in 2015 and “pretended to be desirous of continuing with the project,” a source volunteered.He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. Therefore, it was a big relief to the residents when Governor Abba Kabir Yusuf recently requested the State House of Assembly to approve and grant him access to a loan of N4bn from the Central Bank of Nigeria for the completion of the Tiga and Challawa Hydro-electric power projects, an approval which the House had since granted him.This is a project initiated by the administration of the former governor Rabi’u Kwankwaso, to generate 35MW, using Challawa and Tiga dams. Former Governor Abdullahi Ganduje, who came into power in 2015 and “pretended to be desirous of continuing with the project,” a source volunteered.He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. This is a project initiated by the administration of the former governor Rabi’u Kwankwaso, to generate 35MW, using Challawa and Tiga dams. Former Governor Abdullahi Ganduje, who came into power in 2015 and “pretended to be desirous of continuing with the project,” a source volunteered.He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. He asked teasingly, “Is it not funny that there was no genuine sincerity on the part of the former administration over the project, otherwise how is it that, while Ganduje had before leaving office, claimed to have completed the project and was at the test-running stage, now Governor Kabir Yusuf is trying to access a N4bn loan from the Central Bank of Nigeria to complete it?”However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. However, speaking on the issue, the State Commissioner of Works, Engr. Marwan Ahmad said the administration of former Governor Abdullahi Ganduje secured a N4bn loan from the Central Bank of Nigeria, and CBN released the money to Fidelity Bank.He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. He said “But because the money was released to Fidelity Bank at the tail end of the Ganduje administration, the Bank refused to release the money to Ganduje’s government for fear of misappropriating the money by the outgoing government.“So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified. “So, when this government came, it revalidated the loan and requested for the state Assembly’s approval to access the loan with a view to completing the project,” Ahmad clarified.

776025

nan

The Punch

Justice Okamgba

Marketing Edge disputes NIMN’s claim, demands apology

Marketing Edge has contested the National Institute of Marketing of Nigeria’s assertion of a breach in the institute’s Act 2003 related to ‘rating.’ The publication is now calling for an apology and retraction from the NIMN following what it deemed as damagin…

https://punchng.com/marketing-edge-disputes-nimns-claim-demands-apology/

2023-11-29 00:18:32

Marketing Edge has contested the National Institute of Marketing of Nigerias assertion of a breach in the institutes Act 2003 related to rating. The publication is now calling for an apology and ret… [+2303 chars]

Nigeria

Marketing Edge has contested the National Institute of Marketing of Nigeria’s assertion of a breach in the institute’s Act 2003 related to ‘rating.’The publication is now calling for an apology and retraction from the NIMN following what it deemed as damaging reports, according to an official statement.Expressing dissatisfaction, Marketing Edge’s letter, signed by its attorney, Felix Akinnisola of Akinnisola – Olubodun & Co Chambers, urged the Council to retract its statements.The letter accused NIMN of engaging in a campaign of calumny, malicious damage, and falsehood. Marketing Edge insists that the claims in NIMN’s letter are misconceived, ill-advised, and preposterous.The statement reads, “Following from the above is the fact that Marketing Edge is not a member of your institute by registration or practice such that she could not be brought under your supervision or regulations.One would have expected that you do your due diligence to know corporate entities that are your registered members before embarking on this sort of macabre dance,” the letter stated.Related NewsGovernorship Election Live UpdatesFurther describing the Council’s letter as vague and ambiguous regarding the section of the cited law that was purportedly breached, the letter pointed out that Marketing Edge’s activities do not purpose, pretend or attempt to delve into issues relating to regulating the practice of marketing in so much as it relates to the authority granted to NIMN as an institute.“Our client as a research organisation and a media practitioner is constitutionally right to freely express an opinion based on their years of research work and media practice without the imprimatur of anyone or body of persons.“Your alleged breach is nothing but an exercise of the right of free speech as enshrined in the constitution of the Federal Republic of Nigeria 1999 as amended.It is also enshrined in the UN Charter of Human Rights on the right to freedom of speech and opinion. Our client does not require your approval before exercising such a right.“It is therefore preposterous, absurd, ridiculous and laughable that rather than wait to hear our client’s response to your letter of November 8th, 2023, you went ahead to release a malicious, defamatory, spiteful, poisonous and venomous publication in The Punch Newspaper of 24th, November 2023, with the aim and intention of injuring the unblemished business, corporate and personal reputation of our client that had been built over the years upon strong ethical practice,” it added. The publication is now calling for an apology and retraction from the NIMN following what it deemed as damaging reports, according to an official statement.Expressing dissatisfaction, Marketing Edge’s letter, signed by its attorney, Felix Akinnisola of Akinnisola – Olubodun & Co Chambers, urged the Council to retract its statements.The letter accused NIMN of engaging in a campaign of calumny, malicious damage, and falsehood. Marketing Edge insists that the claims in NIMN’s letter are misconceived, ill-advised, and preposterous.The statement reads, “Following from the above is the fact that Marketing Edge is not a member of your institute by registration or practice such that she could not be brought under your supervision or regulations.One would have expected that you do your due diligence to know corporate entities that are your registered members before embarking on this sort of macabre dance,” the letter stated.Related NewsGovernorship Election Live UpdatesFurther describing the Council’s letter as vague and ambiguous regarding the section of the cited law that was purportedly breached, the letter pointed out that Marketing Edge’s activities do not purpose, pretend or attempt to delve into issues relating to regulating the practice of marketing in so much as it relates to the authority granted to NIMN as an institute.“Our client as a research organisation and a media practitioner is constitutionally right to freely express an opinion based on their years of research work and media practice without the imprimatur of anyone or body of persons.“Your alleged breach is nothing but an exercise of the right of free speech as enshrined in the constitution of the Federal Republic of Nigeria 1999 as amended.It is also enshrined in the UN Charter of Human Rights on the right to freedom of speech and opinion. Our client does not require your approval before exercising such a right.“It is therefore preposterous, absurd, ridiculous and laughable that rather than wait to hear our client’s response to your letter of November 8th, 2023, you went ahead to release a malicious, defamatory, spiteful, poisonous and venomous publication in The Punch Newspaper of 24th, November 2023, with the aim and intention of injuring the unblemished business, corporate and personal reputation of our client that had been built over the years upon strong ethical practice,” it added. Expressing dissatisfaction, Marketing Edge’s letter, signed by its attorney, Felix Akinnisola of Akinnisola – Olubodun & Co Chambers, urged the Council to retract its statements.The letter accused NIMN of engaging in a campaign of calumny, malicious damage, and falsehood. Marketing Edge insists that the claims in NIMN’s letter are misconceived, ill-advised, and preposterous.The statement reads, “Following from the above is the fact that Marketing Edge is not a member of your institute by registration or practice such that she could not be brought under your supervision or regulations.One would have expected that you do your due diligence to know corporate entities that are your registered members before embarking on this sort of macabre dance,” the letter stated.Related NewsGovernorship Election Live UpdatesFurther describing the Council’s letter as vague and ambiguous regarding the section of the cited law that was purportedly breached, the letter pointed out that Marketing Edge’s activities do not purpose, pretend or attempt to delve into issues relating to regulating the practice of marketing in so much as it relates to the authority granted to NIMN as an institute.“Our client as a research organisation and a media practitioner is constitutionally right to freely express an opinion based on their years of research work and media practice without the imprimatur of anyone or body of persons.“Your alleged breach is nothing but an exercise of the right of free speech as enshrined in the constitution of the Federal Republic of Nigeria 1999 as amended.It is also enshrined in the UN Charter of Human Rights on the right to freedom of speech and opinion. Our client does not require your approval before exercising such a right.“It is therefore preposterous, absurd, ridiculous and laughable that rather than wait to hear our client’s response to your letter of November 8th, 2023, you went ahead to release a malicious, defamatory, spiteful, poisonous and venomous publication in The Punch Newspaper of 24th, November 2023, with the aim and intention of injuring the unblemished business, corporate and personal reputation of our client that had been built over the years upon strong ethical practice,” it added. The letter accused NIMN of engaging in a campaign of calumny, malicious damage, and falsehood. Marketing Edge insists that the claims in NIMN’s letter are misconceived, ill-advised, and preposterous.The statement reads, “Following from the above is the fact that Marketing Edge is not a member of your institute by registration or practice such that she could not be brought under your supervision or regulations.One would have expected that you do your due diligence to know corporate entities that are your registered members before embarking on this sort of macabre dance,” the letter stated.Related NewsGovernorship Election Live UpdatesFurther describing the Council’s letter as vague and ambiguous regarding the section of the cited law that was purportedly breached, the letter pointed out that Marketing Edge’s activities do not purpose, pretend or attempt to delve into issues relating to regulating the practice of marketing in so much as it relates to the authority granted to NIMN as an institute.“Our client as a research organisation and a media practitioner is constitutionally right to freely express an opinion based on their years of research work and media practice without the imprimatur of anyone or body of persons.“Your alleged breach is nothing but an exercise of the right of free speech as enshrined in the constitution of the Federal Republic of Nigeria 1999 as amended.It is also enshrined in the UN Charter of Human Rights on the right to freedom of speech and opinion. Our client does not require your approval before exercising such a right.“It is therefore preposterous, absurd, ridiculous and laughable that rather than wait to hear our client’s response to your letter of November 8th, 2023, you went ahead to release a malicious, defamatory, spiteful, poisonous and venomous publication in The Punch Newspaper of 24th, November 2023, with the aim and intention of injuring the unblemished business, corporate and personal reputation of our client that had been built over the years upon strong ethical practice,” it added. The statement reads, “Following from the above is the fact that Marketing Edge is not a member of your institute by registration or practice such that she could not be brought under your supervision or regulations.One would have expected that you do your due diligence to know corporate entities that are your registered members before embarking on this sort of macabre dance,” the letter stated.Related NewsGovernorship Election Live UpdatesFurther describing the Council’s letter as vague and ambiguous regarding the section of the cited law that was purportedly breached, the letter pointed out that Marketing Edge’s activities do not purpose, pretend or attempt to delve into issues relating to regulating the practice of marketing in so much as it relates to the authority granted to NIMN as an institute.“Our client as a research organisation and a media practitioner is constitutionally right to freely express an opinion based on their years of research work and media practice without the imprimatur of anyone or body of persons.“Your alleged breach is nothing but an exercise of the right of free speech as enshrined in the constitution of the Federal Republic of Nigeria 1999 as amended.It is also enshrined in the UN Charter of Human Rights on the right to freedom of speech and opinion. Our client does not require your approval before exercising such a right.“It is therefore preposterous, absurd, ridiculous and laughable that rather than wait to hear our client’s response to your letter of November 8th, 2023, you went ahead to release a malicious, defamatory, spiteful, poisonous and venomous publication in The Punch Newspaper of 24th, November 2023, with the aim and intention of injuring the unblemished business, corporate and personal reputation of our client that had been built over the years upon strong ethical practice,” it added. One would have expected that you do your due diligence to know corporate entities that are your registered members before embarking on this sort of macabre dance,” the letter stated.Related NewsGovernorship Election Live UpdatesFurther describing the Council’s letter as vague and ambiguous regarding the section of the cited law that was purportedly breached, the letter pointed out that Marketing Edge’s activities do not purpose, pretend or attempt to delve into issues relating to regulating the practice of marketing in so much as it relates to the authority granted to NIMN as an institute.“Our client as a research organisation and a media practitioner is constitutionally right to freely express an opinion based on their years of research work and media practice without the imprimatur of anyone or body of persons.“Your alleged breach is nothing but an exercise of the right of free speech as enshrined in the constitution of the Federal Republic of Nigeria 1999 as amended.It is also enshrined in the UN Charter of Human Rights on the right to freedom of speech and opinion. Our client does not require your approval before exercising such a right.“It is therefore preposterous, absurd, ridiculous and laughable that rather than wait to hear our client’s response to your letter of November 8th, 2023, you went ahead to release a malicious, defamatory, spiteful, poisonous and venomous publication in The Punch Newspaper of 24th, November 2023, with the aim and intention of injuring the unblemished business, corporate and personal reputation of our client that had been built over the years upon strong ethical practice,” it added. Further describing the Council’s letter as vague and ambiguous regarding the section of the cited law that was purportedly breached, the letter pointed out that Marketing Edge’s activities do not purpose, pretend or attempt to delve into issues relating to regulating the practice of marketing in so much as it relates to the authority granted to NIMN as an institute.“Our client as a research organisation and a media practitioner is constitutionally right to freely express an opinion based on their years of research work and media practice without the imprimatur of anyone or body of persons.“Your alleged breach is nothing but an exercise of the right of free speech as enshrined in the constitution of the Federal Republic of Nigeria 1999 as amended.It is also enshrined in the UN Charter of Human Rights on the right to freedom of speech and opinion. Our client does not require your approval before exercising such a right.“It is therefore preposterous, absurd, ridiculous and laughable that rather than wait to hear our client’s response to your letter of November 8th, 2023, you went ahead to release a malicious, defamatory, spiteful, poisonous and venomous publication in The Punch Newspaper of 24th, November 2023, with the aim and intention of injuring the unblemished business, corporate and personal reputation of our client that had been built over the years upon strong ethical practice,” it added. “Our client as a research organisation and a media practitioner is constitutionally right to freely express an opinion based on their years of research work and media practice without the imprimatur of anyone or body of persons.“Your alleged breach is nothing but an exercise of the right of free speech as enshrined in the constitution of the Federal Republic of Nigeria 1999 as amended.It is also enshrined in the UN Charter of Human Rights on the right to freedom of speech and opinion. Our client does not require your approval before exercising such a right.“It is therefore preposterous, absurd, ridiculous and laughable that rather than wait to hear our client’s response to your letter of November 8th, 2023, you went ahead to release a malicious, defamatory, spiteful, poisonous and venomous publication in The Punch Newspaper of 24th, November 2023, with the aim and intention of injuring the unblemished business, corporate and personal reputation of our client that had been built over the years upon strong ethical practice,” it added. “Your alleged breach is nothing but an exercise of the right of free speech as enshrined in the constitution of the Federal Republic of Nigeria 1999 as amended.It is also enshrined in the UN Charter of Human Rights on the right to freedom of speech and opinion. Our client does not require your approval before exercising such a right.“It is therefore preposterous, absurd, ridiculous and laughable that rather than wait to hear our client’s response to your letter of November 8th, 2023, you went ahead to release a malicious, defamatory, spiteful, poisonous and venomous publication in The Punch Newspaper of 24th, November 2023, with the aim and intention of injuring the unblemished business, corporate and personal reputation of our client that had been built over the years upon strong ethical practice,” it added. It is also enshrined in the UN Charter of Human Rights on the right to freedom of speech and opinion. Our client does not require your approval before exercising such a right.“It is therefore preposterous, absurd, ridiculous and laughable that rather than wait to hear our client’s response to your letter of November 8th, 2023, you went ahead to release a malicious, defamatory, spiteful, poisonous and venomous publication in The Punch Newspaper of 24th, November 2023, with the aim and intention of injuring the unblemished business, corporate and personal reputation of our client that had been built over the years upon strong ethical practice,” it added. “It is therefore preposterous, absurd, ridiculous and laughable that rather than wait to hear our client’s response to your letter of November 8th, 2023, you went ahead to release a malicious, defamatory, spiteful, poisonous and venomous publication in The Punch Newspaper of 24th, November 2023, with the aim and intention of injuring the unblemished business, corporate and personal reputation of our client that had been built over the years upon strong ethical practice,” it added.

776026

nan

The Punch

Dennis Naku

Slain DPO: Submit yourself for investigation, police tell prime suspect

The Rivers State Police Command has urged the prime suspect in the gruesome murder of the Divisional Police Officer of Ahoada East Local Government Area of the State, SP Bako Angbashin, to submit himself for investigation. The police said Gift Okpara, also kn…

https://punchng.com/slain-dpo-submit-yourself-for-investigation-police-tell-prime-suspect/

2023-11-29 12:28:18

The Rivers State Police Command has urged the prime suspect in the gruesome murder of the Divisional Police Officer of Ahoada East Local Government Area of the State, SP Bako Angbashin, to submit him… [+2042 chars]

Nigeria

The Rivers State Police Command has urged the prime suspect in the gruesome murder of the Divisional Police Officer of Ahoada East Local Government Area of the State, SP Bako Angbashin, to submit himself for investigation.The police said Gift Okpara, also known as 2Baba, the wanted leader of the Iceland cult gang, should come forward and prove his innocence in the killing of Angbashin in the Odumuedie community, Ahoada East, by suspected cultists.The spokesperson for the state police command, Grace Iringe-Koko, stated this in a statement issued in Port Harcourt on Wednesday and made available to newsmen.The PUNCHreportsthat the notorious cultist in a voice note aired on a popular Radio Station, 92.3 Nigeria Info, Port Harcourt, on Monday morning denied, any involvement in the crime.Iringe-Koko was responding to a recently released viral voice note by 2Baba in which he denied involvement in the killing, even as she asserted that the principle of justice demands a fair hearing for all parties.The statement reads, “The Rivers State Police Command has taken note of a recent radio announcement in which Gift David Okpara, also known as 2Baba, a notorious cultist and murder suspect wanted in connection with the killing of Superintendent of Police, SP Bako Angbashim, former DPO of Ahoada Police Division in Rivers State, denied his involvement in the tragic incident.Related NewsGovernorship Election Live UpdatesSlain DPO: Rivers court grants monarch, six others N45m bailSlain Rivers DPO: Court grants monarch, others N45m bailSlain DPO: Court remands ex-Rivers LG chairman, monarch, 73 others“While the police acknowledge the denial made by Gift David, it is important to emphasize that the principle of justice demands a fair hearing for all parties involved.”The police understand the importance of listening to the other party, and it is crucial to note that everyone is considered innocent until proven otherwise.“As such, the Rivers State Police Command urges Gift David Okpara, aka 2Baba, to come forward and submit himself to the authorities, providing the opportunity to present evidence that could support his claims of innocence.“The police are committed to upholding the principles of due process and are open to receiving any information that can aid in the ongoing investigation.“It is imperative for Gift David Okpara to cooperate with law enforcement to ensure a thorough and transparent resolution to this serious matter.” The police said Gift Okpara, also known as 2Baba, the wanted leader of the Iceland cult gang, should come forward and prove his innocence in the killing of Angbashin in the Odumuedie community, Ahoada East, by suspected cultists.The spokesperson for the state police command, Grace Iringe-Koko, stated this in a statement issued in Port Harcourt on Wednesday and made available to newsmen.The PUNCHreportsthat the notorious cultist in a voice note aired on a popular Radio Station, 92.3 Nigeria Info, Port Harcourt, on Monday morning denied, any involvement in the crime.Iringe-Koko was responding to a recently released viral voice note by 2Baba in which he denied involvement in the killing, even as she asserted that the principle of justice demands a fair hearing for all parties.The statement reads, “The Rivers State Police Command has taken note of a recent radio announcement in which Gift David Okpara, also known as 2Baba, a notorious cultist and murder suspect wanted in connection with the killing of Superintendent of Police, SP Bako Angbashim, former DPO of Ahoada Police Division in Rivers State, denied his involvement in the tragic incident.Related NewsGovernorship Election Live UpdatesSlain DPO: Rivers court grants monarch, six others N45m bailSlain Rivers DPO: Court grants monarch, others N45m bailSlain DPO: Court remands ex-Rivers LG chairman, monarch, 73 others“While the police acknowledge the denial made by Gift David, it is important to emphasize that the principle of justice demands a fair hearing for all parties involved.”The police understand the importance of listening to the other party, and it is crucial to note that everyone is considered innocent until proven otherwise.“As such, the Rivers State Police Command urges Gift David Okpara, aka 2Baba, to come forward and submit himself to the authorities, providing the opportunity to present evidence that could support his claims of innocence.“The police are committed to upholding the principles of due process and are open to receiving any information that can aid in the ongoing investigation.“It is imperative for Gift David Okpara to cooperate with law enforcement to ensure a thorough and transparent resolution to this serious matter.” The spokesperson for the state police command, Grace Iringe-Koko, stated this in a statement issued in Port Harcourt on Wednesday and made available to newsmen.The PUNCHreportsthat the notorious cultist in a voice note aired on a popular Radio Station, 92.3 Nigeria Info, Port Harcourt, on Monday morning denied, any involvement in the crime.Iringe-Koko was responding to a recently released viral voice note by 2Baba in which he denied involvement in the killing, even as she asserted that the principle of justice demands a fair hearing for all parties.The statement reads, “The Rivers State Police Command has taken note of a recent radio announcement in which Gift David Okpara, also known as 2Baba, a notorious cultist and murder suspect wanted in connection with the killing of Superintendent of Police, SP Bako Angbashim, former DPO of Ahoada Police Division in Rivers State, denied his involvement in the tragic incident.Related NewsGovernorship Election Live UpdatesSlain DPO: Rivers court grants monarch, six others N45m bailSlain Rivers DPO: Court grants monarch, others N45m bailSlain DPO: Court remands ex-Rivers LG chairman, monarch, 73 others“While the police acknowledge the denial made by Gift David, it is important to emphasize that the principle of justice demands a fair hearing for all parties involved.”The police understand the importance of listening to the other party, and it is crucial to note that everyone is considered innocent until proven otherwise.“As such, the Rivers State Police Command urges Gift David Okpara, aka 2Baba, to come forward and submit himself to the authorities, providing the opportunity to present evidence that could support his claims of innocence.“The police are committed to upholding the principles of due process and are open to receiving any information that can aid in the ongoing investigation.“It is imperative for Gift David Okpara to cooperate with law enforcement to ensure a thorough and transparent resolution to this serious matter.” The PUNCHreportsthat the notorious cultist in a voice note aired on a popular Radio Station, 92.3 Nigeria Info, Port Harcourt, on Monday morning denied, any involvement in the crime.Iringe-Koko was responding to a recently released viral voice note by 2Baba in which he denied involvement in the killing, even as she asserted that the principle of justice demands a fair hearing for all parties.The statement reads, “The Rivers State Police Command has taken note of a recent radio announcement in which Gift David Okpara, also known as 2Baba, a notorious cultist and murder suspect wanted in connection with the killing of Superintendent of Police, SP Bako Angbashim, former DPO of Ahoada Police Division in Rivers State, denied his involvement in the tragic incident.Related NewsGovernorship Election Live UpdatesSlain DPO: Rivers court grants monarch, six others N45m bailSlain Rivers DPO: Court grants monarch, others N45m bailSlain DPO: Court remands ex-Rivers LG chairman, monarch, 73 others“While the police acknowledge the denial made by Gift David, it is important to emphasize that the principle of justice demands a fair hearing for all parties involved.”The police understand the importance of listening to the other party, and it is crucial to note that everyone is considered innocent until proven otherwise.“As such, the Rivers State Police Command urges Gift David Okpara, aka 2Baba, to come forward and submit himself to the authorities, providing the opportunity to present evidence that could support his claims of innocence.“The police are committed to upholding the principles of due process and are open to receiving any information that can aid in the ongoing investigation.“It is imperative for Gift David Okpara to cooperate with law enforcement to ensure a thorough and transparent resolution to this serious matter.” Iringe-Koko was responding to a recently released viral voice note by 2Baba in which he denied involvement in the killing, even as she asserted that the principle of justice demands a fair hearing for all parties.The statement reads, “The Rivers State Police Command has taken note of a recent radio announcement in which Gift David Okpara, also known as 2Baba, a notorious cultist and murder suspect wanted in connection with the killing of Superintendent of Police, SP Bako Angbashim, former DPO of Ahoada Police Division in Rivers State, denied his involvement in the tragic incident.Related NewsGovernorship Election Live UpdatesSlain DPO: Rivers court grants monarch, six others N45m bailSlain Rivers DPO: Court grants monarch, others N45m bailSlain DPO: Court remands ex-Rivers LG chairman, monarch, 73 others“While the police acknowledge the denial made by Gift David, it is important to emphasize that the principle of justice demands a fair hearing for all parties involved.”The police understand the importance of listening to the other party, and it is crucial to note that everyone is considered innocent until proven otherwise.“As such, the Rivers State Police Command urges Gift David Okpara, aka 2Baba, to come forward and submit himself to the authorities, providing the opportunity to present evidence that could support his claims of innocence.“The police are committed to upholding the principles of due process and are open to receiving any information that can aid in the ongoing investigation.“It is imperative for Gift David Okpara to cooperate with law enforcement to ensure a thorough and transparent resolution to this serious matter.” The statement reads, “The Rivers State Police Command has taken note of a recent radio announcement in which Gift David Okpara, also known as 2Baba, a notorious cultist and murder suspect wanted in connection with the killing of Superintendent of Police, SP Bako Angbashim, former DPO of Ahoada Police Division in Rivers State, denied his involvement in the tragic incident.Related NewsGovernorship Election Live UpdatesSlain DPO: Rivers court grants monarch, six others N45m bailSlain Rivers DPO: Court grants monarch, others N45m bailSlain DPO: Court remands ex-Rivers LG chairman, monarch, 73 others“While the police acknowledge the denial made by Gift David, it is important to emphasize that the principle of justice demands a fair hearing for all parties involved.”The police understand the importance of listening to the other party, and it is crucial to note that everyone is considered innocent until proven otherwise.“As such, the Rivers State Police Command urges Gift David Okpara, aka 2Baba, to come forward and submit himself to the authorities, providing the opportunity to present evidence that could support his claims of innocence.“The police are committed to upholding the principles of due process and are open to receiving any information that can aid in the ongoing investigation.“It is imperative for Gift David Okpara to cooperate with law enforcement to ensure a thorough and transparent resolution to this serious matter.” “While the police acknowledge the denial made by Gift David, it is important to emphasize that the principle of justice demands a fair hearing for all parties involved.”The police understand the importance of listening to the other party, and it is crucial to note that everyone is considered innocent until proven otherwise.“As such, the Rivers State Police Command urges Gift David Okpara, aka 2Baba, to come forward and submit himself to the authorities, providing the opportunity to present evidence that could support his claims of innocence.“The police are committed to upholding the principles of due process and are open to receiving any information that can aid in the ongoing investigation.“It is imperative for Gift David Okpara to cooperate with law enforcement to ensure a thorough and transparent resolution to this serious matter.” ”The police understand the importance of listening to the other party, and it is crucial to note that everyone is considered innocent until proven otherwise.“As such, the Rivers State Police Command urges Gift David Okpara, aka 2Baba, to come forward and submit himself to the authorities, providing the opportunity to present evidence that could support his claims of innocence.“The police are committed to upholding the principles of due process and are open to receiving any information that can aid in the ongoing investigation.“It is imperative for Gift David Okpara to cooperate with law enforcement to ensure a thorough and transparent resolution to this serious matter.” “As such, the Rivers State Police Command urges Gift David Okpara, aka 2Baba, to come forward and submit himself to the authorities, providing the opportunity to present evidence that could support his claims of innocence.“The police are committed to upholding the principles of due process and are open to receiving any information that can aid in the ongoing investigation.“It is imperative for Gift David Okpara to cooperate with law enforcement to ensure a thorough and transparent resolution to this serious matter.” “The police are committed to upholding the principles of due process and are open to receiving any information that can aid in the ongoing investigation.“It is imperative for Gift David Okpara to cooperate with law enforcement to ensure a thorough and transparent resolution to this serious matter.” “It is imperative for Gift David Okpara to cooperate with law enforcement to ensure a thorough and transparent resolution to this serious matter.”

776033

nan

The Punch

Armstrong Bakam

JUST IN: Bauchi Assembly gets new Speaker, Deputy

The Bauchi State House of Assembly has elected Babayo Akuyam as its new Speaker. He represents Hardawa Constituency in Misau Local Government Area of the state. The House also elected Ahmed Abdullahi, representing Dass Constituency in Dass LGA, as Deputy Spea…

https://punchng.com/just-in-bauchi-assembly-gets-new-speaker-deputy/

2023-11-29 12:11:45

The Bauchi State House of Assembly has elected Babayo Akuyam as its new Speaker. He represents Hardawa Constituency in Misau Local Government Area of the state. The House also elected Ahmed Abdulla… [+2730 chars]

Nigeria

The Bauchi State House of Assembly has elected Babayo Akuyam as its new Speaker.He represents Hardawa Constituency in Misau Local Government Area of the state.The House also elected Ahmed Abdullahi, representing Dass Constituency in Dass LGA, as Deputy Speaker.The PUNCH reports that this comes barely five days after the Appeal Court sitting in Abuja sacked the then Speaker, Abubakar Suleiman, as member representing Ningi Central Constituency.Suleiman, the immediate past Chairman of the Conference of Speakers of State Legislatures of Nigeria, and a member of the Peoples Democratic Party, was declared winner of the Ningi Central Constituency election held on March 18, having scored  16, 866 votes to defeat his closest rival, Khalid Abdulmalik-Ningi of the All Progressives Congress, who scored 15, 065 votes.Not satisfied with the Independent National Electoral Commission’s declaration of the results of the election, Abdulmalik-Ningi, approached the Governorship and State Assembly Election Petition Tribunal sitting in the state to seek redress but the tribunal dismissed his case and affirmed the victory of Suleiman for a second term in office.Also not satisfied with the judgment, the APC candidate went to the Court of Appeal to challenge the tribunal’s ruling and in its judgment on Friday, the appellate court’s three-man panel set aside the judgment of the tribunal and ordered the Independent National Electoral Commission to conduct a rerun in 10 polling units.Barely three days after the sack of Suleiman, the court also sacked his deputy, Jamilu Barade, a member of the PDP, from his position as the member representing Bauchi Central Constituency, and also ordered a rerun in some polling units.Related NewsGovernorship Election Live UpdatesA’Court sacks Bauchi Deputy Speaker, orders rerunBauchi Assembly decries proliferation of illegal NCE-awarding institutionsTwo APC lawmakers defect to PDP in BauchiAlso not satisfied with the tribunal’s ruling, the APC candidate, Aliyu Ilela, went to the appellate court which granted his prayers and nullified the election because of alleged over-voting. The court also ordered a rerun in some polling units.But the House in its plenary on Wednesday, elected Akuyam and Abdullahi as Speaker and deputy respectively, unopposed.The election of the new Speaker followed a nomination by the member, representing Shira  Constituency Auwal Hassan and was seconded by the member representing Burra Tanko Ibrahim.Both the Speaker and the Deputy Speaker were sworn in by the Clerk of the House, Umar Gital.Later, the Speaker was escorted to his seat.In his acceptance speech, Akuyam thanked God for his emergence as the Speaker and assured the people of the state that his doors will always remain open for positive advice and commended his colleagues for their belief that he can deliver.According to him, going by the present administration’s ideology the House would do everything possible for the overall development of the  State.Meanwhile, the State Governor, Bala Mohammed, will present the 2024 state budget proposal to the Assembly on Thursday. He represents Hardawa Constituency in Misau Local Government Area of the state.The House also elected Ahmed Abdullahi, representing Dass Constituency in Dass LGA, as Deputy Speaker.The PUNCH reports that this comes barely five days after the Appeal Court sitting in Abuja sacked the then Speaker, Abubakar Suleiman, as member representing Ningi Central Constituency.Suleiman, the immediate past Chairman of the Conference of Speakers of State Legislatures of Nigeria, and a member of the Peoples Democratic Party, was declared winner of the Ningi Central Constituency election held on March 18, having scored  16, 866 votes to defeat his closest rival, Khalid Abdulmalik-Ningi of the All Progressives Congress, who scored 15, 065 votes.Not satisfied with the Independent National Electoral Commission’s declaration of the results of the election, Abdulmalik-Ningi, approached the Governorship and State Assembly Election Petition Tribunal sitting in the state to seek redress but the tribunal dismissed his case and affirmed the victory of Suleiman for a second term in office.Also not satisfied with the judgment, the APC candidate went to the Court of Appeal to challenge the tribunal’s ruling and in its judgment on Friday, the appellate court’s three-man panel set aside the judgment of the tribunal and ordered the Independent National Electoral Commission to conduct a rerun in 10 polling units.Barely three days after the sack of Suleiman, the court also sacked his deputy, Jamilu Barade, a member of the PDP, from his position as the member representing Bauchi Central Constituency, and also ordered a rerun in some polling units.Related NewsGovernorship Election Live UpdatesA’Court sacks Bauchi Deputy Speaker, orders rerunBauchi Assembly decries proliferation of illegal NCE-awarding institutionsTwo APC lawmakers defect to PDP in BauchiAlso not satisfied with the tribunal’s ruling, the APC candidate, Aliyu Ilela, went to the appellate court which granted his prayers and nullified the election because of alleged over-voting. The court also ordered a rerun in some polling units.But the House in its plenary on Wednesday, elected Akuyam and Abdullahi as Speaker and deputy respectively, unopposed.The election of the new Speaker followed a nomination by the member, representing Shira  Constituency Auwal Hassan and was seconded by the member representing Burra Tanko Ibrahim.Both the Speaker and the Deputy Speaker were sworn in by the Clerk of the House, Umar Gital.Later, the Speaker was escorted to his seat.In his acceptance speech, Akuyam thanked God for his emergence as the Speaker and assured the people of the state that his doors will always remain open for positive advice and commended his colleagues for their belief that he can deliver.According to him, going by the present administration’s ideology the House would do everything possible for the overall development of the  State.Meanwhile, the State Governor, Bala Mohammed, will present the 2024 state budget proposal to the Assembly on Thursday. The House also elected Ahmed Abdullahi, representing Dass Constituency in Dass LGA, as Deputy Speaker.The PUNCH reports that this comes barely five days after the Appeal Court sitting in Abuja sacked the then Speaker, Abubakar Suleiman, as member representing Ningi Central Constituency.Suleiman, the immediate past Chairman of the Conference of Speakers of State Legislatures of Nigeria, and a member of the Peoples Democratic Party, was declared winner of the Ningi Central Constituency election held on March 18, having scored  16, 866 votes to defeat his closest rival, Khalid Abdulmalik-Ningi of the All Progressives Congress, who scored 15, 065 votes.Not satisfied with the Independent National Electoral Commission’s declaration of the results of the election, Abdulmalik-Ningi, approached the Governorship and State Assembly Election Petition Tribunal sitting in the state to seek redress but the tribunal dismissed his case and affirmed the victory of Suleiman for a second term in office.Also not satisfied with the judgment, the APC candidate went to the Court of Appeal to challenge the tribunal’s ruling and in its judgment on Friday, the appellate court’s three-man panel set aside the judgment of the tribunal and ordered the Independent National Electoral Commission to conduct a rerun in 10 polling units.Barely three days after the sack of Suleiman, the court also sacked his deputy, Jamilu Barade, a member of the PDP, from his position as the member representing Bauchi Central Constituency, and also ordered a rerun in some polling units.Related NewsGovernorship Election Live UpdatesA’Court sacks Bauchi Deputy Speaker, orders rerunBauchi Assembly decries proliferation of illegal NCE-awarding institutionsTwo APC lawmakers defect to PDP in BauchiAlso not satisfied with the tribunal’s ruling, the APC candidate, Aliyu Ilela, went to the appellate court which granted his prayers and nullified the election because of alleged over-voting. The court also ordered a rerun in some polling units.But the House in its plenary on Wednesday, elected Akuyam and Abdullahi as Speaker and deputy respectively, unopposed.The election of the new Speaker followed a nomination by the member, representing Shira  Constituency Auwal Hassan and was seconded by the member representing Burra Tanko Ibrahim.Both the Speaker and the Deputy Speaker were sworn in by the Clerk of the House, Umar Gital.Later, the Speaker was escorted to his seat.In his acceptance speech, Akuyam thanked God for his emergence as the Speaker and assured the people of the state that his doors will always remain open for positive advice and commended his colleagues for their belief that he can deliver.According to him, going by the present administration’s ideology the House would do everything possible for the overall development of the  State.Meanwhile, the State Governor, Bala Mohammed, will present the 2024 state budget proposal to the Assembly on Thursday. The PUNCH reports that this comes barely five days after the Appeal Court sitting in Abuja sacked the then Speaker, Abubakar Suleiman, as member representing Ningi Central Constituency.Suleiman, the immediate past Chairman of the Conference of Speakers of State Legislatures of Nigeria, and a member of the Peoples Democratic Party, was declared winner of the Ningi Central Constituency election held on March 18, having scored  16, 866 votes to defeat his closest rival, Khalid Abdulmalik-Ningi of the All Progressives Congress, who scored 15, 065 votes.Not satisfied with the Independent National Electoral Commission’s declaration of the results of the election, Abdulmalik-Ningi, approached the Governorship and State Assembly Election Petition Tribunal sitting in the state to seek redress but the tribunal dismissed his case and affirmed the victory of Suleiman for a second term in office.Also not satisfied with the judgment, the APC candidate went to the Court of Appeal to challenge the tribunal’s ruling and in its judgment on Friday, the appellate court’s three-man panel set aside the judgment of the tribunal and ordered the Independent National Electoral Commission to conduct a rerun in 10 polling units.Barely three days after the sack of Suleiman, the court also sacked his deputy, Jamilu Barade, a member of the PDP, from his position as the member representing Bauchi Central Constituency, and also ordered a rerun in some polling units.Related NewsGovernorship Election Live UpdatesA’Court sacks Bauchi Deputy Speaker, orders rerunBauchi Assembly decries proliferation of illegal NCE-awarding institutionsTwo APC lawmakers defect to PDP in BauchiAlso not satisfied with the tribunal’s ruling, the APC candidate, Aliyu Ilela, went to the appellate court which granted his prayers and nullified the election because of alleged over-voting. The court also ordered a rerun in some polling units.But the House in its plenary on Wednesday, elected Akuyam and Abdullahi as Speaker and deputy respectively, unopposed.The election of the new Speaker followed a nomination by the member, representing Shira  Constituency Auwal Hassan and was seconded by the member representing Burra Tanko Ibrahim.Both the Speaker and the Deputy Speaker were sworn in by the Clerk of the House, Umar Gital.Later, the Speaker was escorted to his seat.In his acceptance speech, Akuyam thanked God for his emergence as the Speaker and assured the people of the state that his doors will always remain open for positive advice and commended his colleagues for their belief that he can deliver.According to him, going by the present administration’s ideology the House would do everything possible for the overall development of the  State.Meanwhile, the State Governor, Bala Mohammed, will present the 2024 state budget proposal to the Assembly on Thursday. Suleiman, the immediate past Chairman of the Conference of Speakers of State Legislatures of Nigeria, and a member of the Peoples Democratic Party, was declared winner of the Ningi Central Constituency election held on March 18, having scored  16, 866 votes to defeat his closest rival, Khalid Abdulmalik-Ningi of the All Progressives Congress, who scored 15, 065 votes.Not satisfied with the Independent National Electoral Commission’s declaration of the results of the election, Abdulmalik-Ningi, approached the Governorship and State Assembly Election Petition Tribunal sitting in the state to seek redress but the tribunal dismissed his case and affirmed the victory of Suleiman for a second term in office.Also not satisfied with the judgment, the APC candidate went to the Court of Appeal to challenge the tribunal’s ruling and in its judgment on Friday, the appellate court’s three-man panel set aside the judgment of the tribunal and ordered the Independent National Electoral Commission to conduct a rerun in 10 polling units.Barely three days after the sack of Suleiman, the court also sacked his deputy, Jamilu Barade, a member of the PDP, from his position as the member representing Bauchi Central Constituency, and also ordered a rerun in some polling units.Related NewsGovernorship Election Live UpdatesA’Court sacks Bauchi Deputy Speaker, orders rerunBauchi Assembly decries proliferation of illegal NCE-awarding institutionsTwo APC lawmakers defect to PDP in BauchiAlso not satisfied with the tribunal’s ruling, the APC candidate, Aliyu Ilela, went to the appellate court which granted his prayers and nullified the election because of alleged over-voting. The court also ordered a rerun in some polling units.But the House in its plenary on Wednesday, elected Akuyam and Abdullahi as Speaker and deputy respectively, unopposed.The election of the new Speaker followed a nomination by the member, representing Shira  Constituency Auwal Hassan and was seconded by the member representing Burra Tanko Ibrahim.Both the Speaker and the Deputy Speaker were sworn in by the Clerk of the House, Umar Gital.Later, the Speaker was escorted to his seat.In his acceptance speech, Akuyam thanked God for his emergence as the Speaker and assured the people of the state that his doors will always remain open for positive advice and commended his colleagues for their belief that he can deliver.According to him, going by the present administration’s ideology the House would do everything possible for the overall development of the  State.Meanwhile, the State Governor, Bala Mohammed, will present the 2024 state budget proposal to the Assembly on Thursday. Not satisfied with the Independent National Electoral Commission’s declaration of the results of the election, Abdulmalik-Ningi, approached the Governorship and State Assembly Election Petition Tribunal sitting in the state to seek redress but the tribunal dismissed his case and affirmed the victory of Suleiman for a second term in office.Also not satisfied with the judgment, the APC candidate went to the Court of Appeal to challenge the tribunal’s ruling and in its judgment on Friday, the appellate court’s three-man panel set aside the judgment of the tribunal and ordered the Independent National Electoral Commission to conduct a rerun in 10 polling units.Barely three days after the sack of Suleiman, the court also sacked his deputy, Jamilu Barade, a member of the PDP, from his position as the member representing Bauchi Central Constituency, and also ordered a rerun in some polling units.Related NewsGovernorship Election Live UpdatesA’Court sacks Bauchi Deputy Speaker, orders rerunBauchi Assembly decries proliferation of illegal NCE-awarding institutionsTwo APC lawmakers defect to PDP in BauchiAlso not satisfied with the tribunal’s ruling, the APC candidate, Aliyu Ilela, went to the appellate court which granted his prayers and nullified the election because of alleged over-voting. The court also ordered a rerun in some polling units.But the House in its plenary on Wednesday, elected Akuyam and Abdullahi as Speaker and deputy respectively, unopposed.The election of the new Speaker followed a nomination by the member, representing Shira  Constituency Auwal Hassan and was seconded by the member representing Burra Tanko Ibrahim.Both the Speaker and the Deputy Speaker were sworn in by the Clerk of the House, Umar Gital.Later, the Speaker was escorted to his seat.In his acceptance speech, Akuyam thanked God for his emergence as the Speaker and assured the people of the state that his doors will always remain open for positive advice and commended his colleagues for their belief that he can deliver.According to him, going by the present administration’s ideology the House would do everything possible for the overall development of the  State.Meanwhile, the State Governor, Bala Mohammed, will present the 2024 state budget proposal to the Assembly on Thursday. Also not satisfied with the judgment, the APC candidate went to the Court of Appeal to challenge the tribunal’s ruling and in its judgment on Friday, the appellate court’s three-man panel set aside the judgment of the tribunal and ordered the Independent National Electoral Commission to conduct a rerun in 10 polling units.Barely three days after the sack of Suleiman, the court also sacked his deputy, Jamilu Barade, a member of the PDP, from his position as the member representing Bauchi Central Constituency, and also ordered a rerun in some polling units.Related NewsGovernorship Election Live UpdatesA’Court sacks Bauchi Deputy Speaker, orders rerunBauchi Assembly decries proliferation of illegal NCE-awarding institutionsTwo APC lawmakers defect to PDP in BauchiAlso not satisfied with the tribunal’s ruling, the APC candidate, Aliyu Ilela, went to the appellate court which granted his prayers and nullified the election because of alleged over-voting. The court also ordered a rerun in some polling units.But the House in its plenary on Wednesday, elected Akuyam and Abdullahi as Speaker and deputy respectively, unopposed.The election of the new Speaker followed a nomination by the member, representing Shira  Constituency Auwal Hassan and was seconded by the member representing Burra Tanko Ibrahim.Both the Speaker and the Deputy Speaker were sworn in by the Clerk of the House, Umar Gital.Later, the Speaker was escorted to his seat.In his acceptance speech, Akuyam thanked God for his emergence as the Speaker and assured the people of the state that his doors will always remain open for positive advice and commended his colleagues for their belief that he can deliver.According to him, going by the present administration’s ideology the House would do everything possible for the overall development of the  State.Meanwhile, the State Governor, Bala Mohammed, will present the 2024 state budget proposal to the Assembly on Thursday. Barely three days after the sack of Suleiman, the court also sacked his deputy, Jamilu Barade, a member of the PDP, from his position as the member representing Bauchi Central Constituency, and also ordered a rerun in some polling units.Related NewsGovernorship Election Live UpdatesA’Court sacks Bauchi Deputy Speaker, orders rerunBauchi Assembly decries proliferation of illegal NCE-awarding institutionsTwo APC lawmakers defect to PDP in BauchiAlso not satisfied with the tribunal’s ruling, the APC candidate, Aliyu Ilela, went to the appellate court which granted his prayers and nullified the election because of alleged over-voting. The court also ordered a rerun in some polling units.But the House in its plenary on Wednesday, elected Akuyam and Abdullahi as Speaker and deputy respectively, unopposed.The election of the new Speaker followed a nomination by the member, representing Shira  Constituency Auwal Hassan and was seconded by the member representing Burra Tanko Ibrahim.Both the Speaker and the Deputy Speaker were sworn in by the Clerk of the House, Umar Gital.Later, the Speaker was escorted to his seat.In his acceptance speech, Akuyam thanked God for his emergence as the Speaker and assured the people of the state that his doors will always remain open for positive advice and commended his colleagues for their belief that he can deliver.According to him, going by the present administration’s ideology the House would do everything possible for the overall development of the  State.Meanwhile, the State Governor, Bala Mohammed, will present the 2024 state budget proposal to the Assembly on Thursday. Also not satisfied with the tribunal’s ruling, the APC candidate, Aliyu Ilela, went to the appellate court which granted his prayers and nullified the election because of alleged over-voting. The court also ordered a rerun in some polling units.But the House in its plenary on Wednesday, elected Akuyam and Abdullahi as Speaker and deputy respectively, unopposed.The election of the new Speaker followed a nomination by the member, representing Shira  Constituency Auwal Hassan and was seconded by the member representing Burra Tanko Ibrahim.Both the Speaker and the Deputy Speaker were sworn in by the Clerk of the House, Umar Gital.Later, the Speaker was escorted to his seat.In his acceptance speech, Akuyam thanked God for his emergence as the Speaker and assured the people of the state that his doors will always remain open for positive advice and commended his colleagues for their belief that he can deliver.According to him, going by the present administration’s ideology the House would do everything possible for the overall development of the  State.Meanwhile, the State Governor, Bala Mohammed, will present the 2024 state budget proposal to the Assembly on Thursday. But the House in its plenary on Wednesday, elected Akuyam and Abdullahi as Speaker and deputy respectively, unopposed.The election of the new Speaker followed a nomination by the member, representing Shira  Constituency Auwal Hassan and was seconded by the member representing Burra Tanko Ibrahim.Both the Speaker and the Deputy Speaker were sworn in by the Clerk of the House, Umar Gital.Later, the Speaker was escorted to his seat.In his acceptance speech, Akuyam thanked God for his emergence as the Speaker and assured the people of the state that his doors will always remain open for positive advice and commended his colleagues for their belief that he can deliver.According to him, going by the present administration’s ideology the House would do everything possible for the overall development of the  State.Meanwhile, the State Governor, Bala Mohammed, will present the 2024 state budget proposal to the Assembly on Thursday. The election of the new Speaker followed a nomination by the member, representing Shira  Constituency Auwal Hassan and was seconded by the member representing Burra Tanko Ibrahim.Both the Speaker and the Deputy Speaker were sworn in by the Clerk of the House, Umar Gital.Later, the Speaker was escorted to his seat.In his acceptance speech, Akuyam thanked God for his emergence as the Speaker and assured the people of the state that his doors will always remain open for positive advice and commended his colleagues for their belief that he can deliver.According to him, going by the present administration’s ideology the House would do everything possible for the overall development of the  State.Meanwhile, the State Governor, Bala Mohammed, will present the 2024 state budget proposal to the Assembly on Thursday. Both the Speaker and the Deputy Speaker were sworn in by the Clerk of the House, Umar Gital.Later, the Speaker was escorted to his seat.In his acceptance speech, Akuyam thanked God for his emergence as the Speaker and assured the people of the state that his doors will always remain open for positive advice and commended his colleagues for their belief that he can deliver.According to him, going by the present administration’s ideology the House would do everything possible for the overall development of the  State.Meanwhile, the State Governor, Bala Mohammed, will present the 2024 state budget proposal to the Assembly on Thursday. Later, the Speaker was escorted to his seat.In his acceptance speech, Akuyam thanked God for his emergence as the Speaker and assured the people of the state that his doors will always remain open for positive advice and commended his colleagues for their belief that he can deliver.According to him, going by the present administration’s ideology the House would do everything possible for the overall development of the  State.Meanwhile, the State Governor, Bala Mohammed, will present the 2024 state budget proposal to the Assembly on Thursday. In his acceptance speech, Akuyam thanked God for his emergence as the Speaker and assured the people of the state that his doors will always remain open for positive advice and commended his colleagues for their belief that he can deliver.According to him, going by the present administration’s ideology the House would do everything possible for the overall development of the  State.Meanwhile, the State Governor, Bala Mohammed, will present the 2024 state budget proposal to the Assembly on Thursday. According to him, going by the present administration’s ideology the House would do everything possible for the overall development of the  State.Meanwhile, the State Governor, Bala Mohammed, will present the 2024 state budget proposal to the Assembly on Thursday. Meanwhile, the State Governor, Bala Mohammed, will present the 2024 state budget proposal to the Assembly on Thursday.

776034

nan

The Punch

Collins Sunday

Gov poll: Protesting Nasarawa PDP members reject appeal court judgment

The Nasarawa State chapter of the Peoples Democratic Party has called on the Supreme Court to carefully review the recent judgment of the Court of Appeal sitting in Abuja which affirmed Governor Abdullahi Sule as the authentic winner of the 2023 governorship …

https://punchng.com/?p=1523802

2023-11-29 08:12:07

The Nasarawa State chapter of the Peoples Democratic Party has called on the Supreme Court to carefully review the recent judgment of the Court of Appeal sitting in Abuja which affirmed Governor Abdu… [+3238 chars]

Nigeria

The Nasarawa State chapter of the Peoples Democratic Party has called on the Supreme Court to carefully review the recent judgment of the Court of Appeal sitting in Abuja which affirmed Governor Abdullahi Sule as the authentic winner of the 2023 governorship election in the state.The PUNCH reports that the state election petitions tribunal had, on October 2, sacked Sule of the All Progressives Congress and declared David Ombugadu of the PDP as the winner of the election.However, the appellate court, on Thursday, held that the tribunal acted wrongly when it re-computed votes and made the declaration that returned the PDP candidate as the winner of the election, thereby affirming Sule as the state governor.While speaking at the end of a peaceful protest held against the judgment in Lafia, the state capital, on Tuesday, the PDP women leader in the state, Stella Oboshi, urged the apex court to thoroughly look into the appeal court’s judgment in the interest of upholding the ideals of democracy in Nigeria.She lamented that the judgment fell short of real democratic principles that govern the nation while expressing worry over the decision of the appeal court which seemed to shield the insincerity of the Independent National Electoral Commission in its declaration of Sule as the duly elected governor of the state.She said, “We wish to highlight specific instances of irregularities that were overlooked by the court under the guise of technicalities. In the Gayam ward of Lafia Local Government Area, for instance, the total number of accredited voters was recorded as 13,000, while an astonishing 33,000 votes were given to the APC alone.“Similarly, in the Chiroma ward, the number of accredited voters was documented as 21,000, but INEC announced a staggering 59,000 votes solely for the APC.Related NewsGovernorship Election Live UpdatesGov poll: We're self-sponsored, Nasarawa protesters counter APCKano: NNPP petitions EU, UK  over A'Court judgmentSokoto gov commends judiciary after appeal court victory“We firmly believe that it is the responsibility of our judiciary to uphold the principles of justice, fairness, and merit in all its judgments. In this particular case, the lack of a thorough investigation into the glaring irregularities is an affront to these principles. It undermines the trust of the people in our justice system.“It is, therefore, essential that the judiciary, as a pillar of democracy, does not inadvertently provide a platform for the perpetration of electoral injustice.”Oboshi also expressed displeasure over the undue brutalisation of some women supporters of the party on Monday by security personnel in the state.She, therefore, urged the security agencies to desist from harassing members and supporters of the party, while reiterating that they (supporters) had carried out their protests peacefully.She said, “We have been demonstrating peacefully for over six months since the declaration of Governor Abdullahi Sule by INEC as the winner of the March 18 governorship election in the state. We have never destroyed anything or shown any act of disobedience to the laws of the country.“We feel who we voted for was not the person INEC announced and we want justice to prevail, but to our greatest surprise, on Monday security agents brutalized some of our women for embarking on a peaceful protest. Those injured are currently receiving treatment in a hospital.“I am calling on the security agencies to protect the women and not attack them because their intention for embarking on the peaceful protest is to seek justice, not to foment any form of trouble in the state.” The PUNCH reports that the state election petitions tribunal had, on October 2, sacked Sule of the All Progressives Congress and declared David Ombugadu of the PDP as the winner of the election.However, the appellate court, on Thursday, held that the tribunal acted wrongly when it re-computed votes and made the declaration that returned the PDP candidate as the winner of the election, thereby affirming Sule as the state governor.While speaking at the end of a peaceful protest held against the judgment in Lafia, the state capital, on Tuesday, the PDP women leader in the state, Stella Oboshi, urged the apex court to thoroughly look into the appeal court’s judgment in the interest of upholding the ideals of democracy in Nigeria.She lamented that the judgment fell short of real democratic principles that govern the nation while expressing worry over the decision of the appeal court which seemed to shield the insincerity of the Independent National Electoral Commission in its declaration of Sule as the duly elected governor of the state.She said, “We wish to highlight specific instances of irregularities that were overlooked by the court under the guise of technicalities. In the Gayam ward of Lafia Local Government Area, for instance, the total number of accredited voters was recorded as 13,000, while an astonishing 33,000 votes were given to the APC alone.“Similarly, in the Chiroma ward, the number of accredited voters was documented as 21,000, but INEC announced a staggering 59,000 votes solely for the APC.Related NewsGovernorship Election Live UpdatesGov poll: We're self-sponsored, Nasarawa protesters counter APCKano: NNPP petitions EU, UK  over A'Court judgmentSokoto gov commends judiciary after appeal court victory“We firmly believe that it is the responsibility of our judiciary to uphold the principles of justice, fairness, and merit in all its judgments. In this particular case, the lack of a thorough investigation into the glaring irregularities is an affront to these principles. It undermines the trust of the people in our justice system.“It is, therefore, essential that the judiciary, as a pillar of democracy, does not inadvertently provide a platform for the perpetration of electoral injustice.”Oboshi also expressed displeasure over the undue brutalisation of some women supporters of the party on Monday by security personnel in the state.She, therefore, urged the security agencies to desist from harassing members and supporters of the party, while reiterating that they (supporters) had carried out their protests peacefully.She said, “We have been demonstrating peacefully for over six months since the declaration of Governor Abdullahi Sule by INEC as the winner of the March 18 governorship election in the state. We have never destroyed anything or shown any act of disobedience to the laws of the country.“We feel who we voted for was not the person INEC announced and we want justice to prevail, but to our greatest surprise, on Monday security agents brutalized some of our women for embarking on a peaceful protest. Those injured are currently receiving treatment in a hospital.“I am calling on the security agencies to protect the women and not attack them because their intention for embarking on the peaceful protest is to seek justice, not to foment any form of trouble in the state.” However, the appellate court, on Thursday, held that the tribunal acted wrongly when it re-computed votes and made the declaration that returned the PDP candidate as the winner of the election, thereby affirming Sule as the state governor.While speaking at the end of a peaceful protest held against the judgment in Lafia, the state capital, on Tuesday, the PDP women leader in the state, Stella Oboshi, urged the apex court to thoroughly look into the appeal court’s judgment in the interest of upholding the ideals of democracy in Nigeria.She lamented that the judgment fell short of real democratic principles that govern the nation while expressing worry over the decision of the appeal court which seemed to shield the insincerity of the Independent National Electoral Commission in its declaration of Sule as the duly elected governor of the state.She said, “We wish to highlight specific instances of irregularities that were overlooked by the court under the guise of technicalities. In the Gayam ward of Lafia Local Government Area, for instance, the total number of accredited voters was recorded as 13,000, while an astonishing 33,000 votes were given to the APC alone.“Similarly, in the Chiroma ward, the number of accredited voters was documented as 21,000, but INEC announced a staggering 59,000 votes solely for the APC.Related NewsGovernorship Election Live UpdatesGov poll: We're self-sponsored, Nasarawa protesters counter APCKano: NNPP petitions EU, UK  over A'Court judgmentSokoto gov commends judiciary after appeal court victory“We firmly believe that it is the responsibility of our judiciary to uphold the principles of justice, fairness, and merit in all its judgments. In this particular case, the lack of a thorough investigation into the glaring irregularities is an affront to these principles. It undermines the trust of the people in our justice system.“It is, therefore, essential that the judiciary, as a pillar of democracy, does not inadvertently provide a platform for the perpetration of electoral injustice.”Oboshi also expressed displeasure over the undue brutalisation of some women supporters of the party on Monday by security personnel in the state.She, therefore, urged the security agencies to desist from harassing members and supporters of the party, while reiterating that they (supporters) had carried out their protests peacefully.She said, “We have been demonstrating peacefully for over six months since the declaration of Governor Abdullahi Sule by INEC as the winner of the March 18 governorship election in the state. We have never destroyed anything or shown any act of disobedience to the laws of the country.“We feel who we voted for was not the person INEC announced and we want justice to prevail, but to our greatest surprise, on Monday security agents brutalized some of our women for embarking on a peaceful protest. Those injured are currently receiving treatment in a hospital.“I am calling on the security agencies to protect the women and not attack them because their intention for embarking on the peaceful protest is to seek justice, not to foment any form of trouble in the state.” While speaking at the end of a peaceful protest held against the judgment in Lafia, the state capital, on Tuesday, the PDP women leader in the state, Stella Oboshi, urged the apex court to thoroughly look into the appeal court’s judgment in the interest of upholding the ideals of democracy in Nigeria.She lamented that the judgment fell short of real democratic principles that govern the nation while expressing worry over the decision of the appeal court which seemed to shield the insincerity of the Independent National Electoral Commission in its declaration of Sule as the duly elected governor of the state.She said, “We wish to highlight specific instances of irregularities that were overlooked by the court under the guise of technicalities. In the Gayam ward of Lafia Local Government Area, for instance, the total number of accredited voters was recorded as 13,000, while an astonishing 33,000 votes were given to the APC alone.“Similarly, in the Chiroma ward, the number of accredited voters was documented as 21,000, but INEC announced a staggering 59,000 votes solely for the APC.Related NewsGovernorship Election Live UpdatesGov poll: We're self-sponsored, Nasarawa protesters counter APCKano: NNPP petitions EU, UK  over A'Court judgmentSokoto gov commends judiciary after appeal court victory“We firmly believe that it is the responsibility of our judiciary to uphold the principles of justice, fairness, and merit in all its judgments. In this particular case, the lack of a thorough investigation into the glaring irregularities is an affront to these principles. It undermines the trust of the people in our justice system.“It is, therefore, essential that the judiciary, as a pillar of democracy, does not inadvertently provide a platform for the perpetration of electoral injustice.”Oboshi also expressed displeasure over the undue brutalisation of some women supporters of the party on Monday by security personnel in the state.She, therefore, urged the security agencies to desist from harassing members and supporters of the party, while reiterating that they (supporters) had carried out their protests peacefully.She said, “We have been demonstrating peacefully for over six months since the declaration of Governor Abdullahi Sule by INEC as the winner of the March 18 governorship election in the state. We have never destroyed anything or shown any act of disobedience to the laws of the country.“We feel who we voted for was not the person INEC announced and we want justice to prevail, but to our greatest surprise, on Monday security agents brutalized some of our women for embarking on a peaceful protest. Those injured are currently receiving treatment in a hospital.“I am calling on the security agencies to protect the women and not attack them because their intention for embarking on the peaceful protest is to seek justice, not to foment any form of trouble in the state.” She lamented that the judgment fell short of real democratic principles that govern the nation while expressing worry over the decision of the appeal court which seemed to shield the insincerity of the Independent National Electoral Commission in its declaration of Sule as the duly elected governor of the state.She said, “We wish to highlight specific instances of irregularities that were overlooked by the court under the guise of technicalities. In the Gayam ward of Lafia Local Government Area, for instance, the total number of accredited voters was recorded as 13,000, while an astonishing 33,000 votes were given to the APC alone.“Similarly, in the Chiroma ward, the number of accredited voters was documented as 21,000, but INEC announced a staggering 59,000 votes solely for the APC.Related NewsGovernorship Election Live UpdatesGov poll: We're self-sponsored, Nasarawa protesters counter APCKano: NNPP petitions EU, UK  over A'Court judgmentSokoto gov commends judiciary after appeal court victory“We firmly believe that it is the responsibility of our judiciary to uphold the principles of justice, fairness, and merit in all its judgments. In this particular case, the lack of a thorough investigation into the glaring irregularities is an affront to these principles. It undermines the trust of the people in our justice system.“It is, therefore, essential that the judiciary, as a pillar of democracy, does not inadvertently provide a platform for the perpetration of electoral injustice.”Oboshi also expressed displeasure over the undue brutalisation of some women supporters of the party on Monday by security personnel in the state.She, therefore, urged the security agencies to desist from harassing members and supporters of the party, while reiterating that they (supporters) had carried out their protests peacefully.She said, “We have been demonstrating peacefully for over six months since the declaration of Governor Abdullahi Sule by INEC as the winner of the March 18 governorship election in the state. We have never destroyed anything or shown any act of disobedience to the laws of the country.“We feel who we voted for was not the person INEC announced and we want justice to prevail, but to our greatest surprise, on Monday security agents brutalized some of our women for embarking on a peaceful protest. Those injured are currently receiving treatment in a hospital.“I am calling on the security agencies to protect the women and not attack them because their intention for embarking on the peaceful protest is to seek justice, not to foment any form of trouble in the state.” She said, “We wish to highlight specific instances of irregularities that were overlooked by the court under the guise of technicalities. In the Gayam ward of Lafia Local Government Area, for instance, the total number of accredited voters was recorded as 13,000, while an astonishing 33,000 votes were given to the APC alone.“Similarly, in the Chiroma ward, the number of accredited voters was documented as 21,000, but INEC announced a staggering 59,000 votes solely for the APC.Related NewsGovernorship Election Live UpdatesGov poll: We're self-sponsored, Nasarawa protesters counter APCKano: NNPP petitions EU, UK  over A'Court judgmentSokoto gov commends judiciary after appeal court victory“We firmly believe that it is the responsibility of our judiciary to uphold the principles of justice, fairness, and merit in all its judgments. In this particular case, the lack of a thorough investigation into the glaring irregularities is an affront to these principles. It undermines the trust of the people in our justice system.“It is, therefore, essential that the judiciary, as a pillar of democracy, does not inadvertently provide a platform for the perpetration of electoral injustice.”Oboshi also expressed displeasure over the undue brutalisation of some women supporters of the party on Monday by security personnel in the state.She, therefore, urged the security agencies to desist from harassing members and supporters of the party, while reiterating that they (supporters) had carried out their protests peacefully.She said, “We have been demonstrating peacefully for over six months since the declaration of Governor Abdullahi Sule by INEC as the winner of the March 18 governorship election in the state. We have never destroyed anything or shown any act of disobedience to the laws of the country.“We feel who we voted for was not the person INEC announced and we want justice to prevail, but to our greatest surprise, on Monday security agents brutalized some of our women for embarking on a peaceful protest. Those injured are currently receiving treatment in a hospital.“I am calling on the security agencies to protect the women and not attack them because their intention for embarking on the peaceful protest is to seek justice, not to foment any form of trouble in the state.” “Similarly, in the Chiroma ward, the number of accredited voters was documented as 21,000, but INEC announced a staggering 59,000 votes solely for the APC.Related NewsGovernorship Election Live UpdatesGov poll: We're self-sponsored, Nasarawa protesters counter APCKano: NNPP petitions EU, UK  over A'Court judgmentSokoto gov commends judiciary after appeal court victory“We firmly believe that it is the responsibility of our judiciary to uphold the principles of justice, fairness, and merit in all its judgments. In this particular case, the lack of a thorough investigation into the glaring irregularities is an affront to these principles. It undermines the trust of the people in our justice system.“It is, therefore, essential that the judiciary, as a pillar of democracy, does not inadvertently provide a platform for the perpetration of electoral injustice.”Oboshi also expressed displeasure over the undue brutalisation of some women supporters of the party on Monday by security personnel in the state.She, therefore, urged the security agencies to desist from harassing members and supporters of the party, while reiterating that they (supporters) had carried out their protests peacefully.She said, “We have been demonstrating peacefully for over six months since the declaration of Governor Abdullahi Sule by INEC as the winner of the March 18 governorship election in the state. We have never destroyed anything or shown any act of disobedience to the laws of the country.“We feel who we voted for was not the person INEC announced and we want justice to prevail, but to our greatest surprise, on Monday security agents brutalized some of our women for embarking on a peaceful protest. Those injured are currently receiving treatment in a hospital.“I am calling on the security agencies to protect the women and not attack them because their intention for embarking on the peaceful protest is to seek justice, not to foment any form of trouble in the state.” “We firmly believe that it is the responsibility of our judiciary to uphold the principles of justice, fairness, and merit in all its judgments. In this particular case, the lack of a thorough investigation into the glaring irregularities is an affront to these principles. It undermines the trust of the people in our justice system.“It is, therefore, essential that the judiciary, as a pillar of democracy, does not inadvertently provide a platform for the perpetration of electoral injustice.”Oboshi also expressed displeasure over the undue brutalisation of some women supporters of the party on Monday by security personnel in the state.She, therefore, urged the security agencies to desist from harassing members and supporters of the party, while reiterating that they (supporters) had carried out their protests peacefully.She said, “We have been demonstrating peacefully for over six months since the declaration of Governor Abdullahi Sule by INEC as the winner of the March 18 governorship election in the state. We have never destroyed anything or shown any act of disobedience to the laws of the country.“We feel who we voted for was not the person INEC announced and we want justice to prevail, but to our greatest surprise, on Monday security agents brutalized some of our women for embarking on a peaceful protest. Those injured are currently receiving treatment in a hospital.“I am calling on the security agencies to protect the women and not attack them because their intention for embarking on the peaceful protest is to seek justice, not to foment any form of trouble in the state.” “It is, therefore, essential that the judiciary, as a pillar of democracy, does not inadvertently provide a platform for the perpetration of electoral injustice.”Oboshi also expressed displeasure over the undue brutalisation of some women supporters of the party on Monday by security personnel in the state.She, therefore, urged the security agencies to desist from harassing members and supporters of the party, while reiterating that they (supporters) had carried out their protests peacefully.She said, “We have been demonstrating peacefully for over six months since the declaration of Governor Abdullahi Sule by INEC as the winner of the March 18 governorship election in the state. We have never destroyed anything or shown any act of disobedience to the laws of the country.“We feel who we voted for was not the person INEC announced and we want justice to prevail, but to our greatest surprise, on Monday security agents brutalized some of our women for embarking on a peaceful protest. Those injured are currently receiving treatment in a hospital.“I am calling on the security agencies to protect the women and not attack them because their intention for embarking on the peaceful protest is to seek justice, not to foment any form of trouble in the state.” Oboshi also expressed displeasure over the undue brutalisation of some women supporters of the party on Monday by security personnel in the state.She, therefore, urged the security agencies to desist from harassing members and supporters of the party, while reiterating that they (supporters) had carried out their protests peacefully.She said, “We have been demonstrating peacefully for over six months since the declaration of Governor Abdullahi Sule by INEC as the winner of the March 18 governorship election in the state. We have never destroyed anything or shown any act of disobedience to the laws of the country.“We feel who we voted for was not the person INEC announced and we want justice to prevail, but to our greatest surprise, on Monday security agents brutalized some of our women for embarking on a peaceful protest. Those injured are currently receiving treatment in a hospital.“I am calling on the security agencies to protect the women and not attack them because their intention for embarking on the peaceful protest is to seek justice, not to foment any form of trouble in the state.” She, therefore, urged the security agencies to desist from harassing members and supporters of the party, while reiterating that they (supporters) had carried out their protests peacefully.She said, “We have been demonstrating peacefully for over six months since the declaration of Governor Abdullahi Sule by INEC as the winner of the March 18 governorship election in the state. We have never destroyed anything or shown any act of disobedience to the laws of the country.“We feel who we voted for was not the person INEC announced and we want justice to prevail, but to our greatest surprise, on Monday security agents brutalized some of our women for embarking on a peaceful protest. Those injured are currently receiving treatment in a hospital.“I am calling on the security agencies to protect the women and not attack them because their intention for embarking on the peaceful protest is to seek justice, not to foment any form of trouble in the state.” She said, “We have been demonstrating peacefully for over six months since the declaration of Governor Abdullahi Sule by INEC as the winner of the March 18 governorship election in the state. We have never destroyed anything or shown any act of disobedience to the laws of the country.“We feel who we voted for was not the person INEC announced and we want justice to prevail, but to our greatest surprise, on Monday security agents brutalized some of our women for embarking on a peaceful protest. Those injured are currently receiving treatment in a hospital.“I am calling on the security agencies to protect the women and not attack them because their intention for embarking on the peaceful protest is to seek justice, not to foment any form of trouble in the state.” “We feel who we voted for was not the person INEC announced and we want justice to prevail, but to our greatest surprise, on Monday security agents brutalized some of our women for embarking on a peaceful protest. Those injured are currently receiving treatment in a hospital.“I am calling on the security agencies to protect the women and not attack them because their intention for embarking on the peaceful protest is to seek justice, not to foment any form of trouble in the state.” “I am calling on the security agencies to protect the women and not attack them because their intention for embarking on the peaceful protest is to seek justice, not to foment any form of trouble in the state.”

776036

nan

The Punch

Peter Dada

Ondo crisis worsens, Assembly demands Aiyedatiwa’s resignation

The Ondo State House of Assembly has warned against violating the resolutions of President Bola Tinubu’s meeting with the members of the House and other stakeholders over the lingering political crisis in the state. The House held its first plenary session on…

https://punchng.com/ondo-crisis-worsens-assembly-demands-aiyedatiwas-resignation/

2023-11-29 00:45:03

The Ondo State House of Assembly has warned against violating the resolutions of President Bola Tinubus meeting with the members of the House and other stakeholders over the lingering political crisi… [+3545 chars]

Nigeria

The Ondo State House of Assembly has warned against violating the resolutions of President Bola Tinubu’s meeting with the members of the House and other stakeholders over the lingering political crisis in the state.The House held its first plenary session on Tuesday after last Friday’s meeting with Tinubu in Abuja.At the end of Tuesday’s plenary, the Speaker of the Assembly, Mr Olamide Oladiji, disclosed that, as part of the resolutions reached at the meeting with Tinubu, the deputy governor,  Mr Lucky Aiyedatiwa, was asked to write an undated resignation letter and submit it to the President.The Speaker said the President appointed him (Speaker),  the Secretary of the Ondo State Government, Mrs Oladunni Odu, and the state Chairman of the All Progressives Congress, Ade Adetimehin, to monitor compliance with the resolutions.Oladiji, who read the resolutions on the floor of the House, warned all the gladiators and stakeholders against violating the resolutions of the meeting.The Speaker said,  “For the avoidance of doubt, let me present to the good people of Ondo State, the resolutions reached after the meeting of representatives of the Ondo State House of Assembly, the State Executive Council members, members of the National Assembly from Ondo State and the state Chairman of the All Progressives Congress with His Excellency, the President of the Federal Republic of Nigeria and the leadership of our great part,  that all parties shall embrace peace, that status quo be maintained by all parties, that all impeachment proceedings be terminated forthwith, and all court cases withdrawn by all parties.”Reading further, he said the resolutions also included “that there will be no dissolution of the State Executive Council, that an undated letter of resignation must be written and signed by the deputy governor and submitted to the President, that the party leadership and structures remained intact, that the House of Assembly leadership remained intact and that Hon. Lucky  Aiyedatiwa continues to perform the functions of office as deputy governor.”The speaker noted that the lawmakers were acting based on the mandate given to them by their constituents.Related NewsGovernorship Election Live UpdatesAiyedatiwa presides over Ondo exco meetingUPDATED: A'Court dismisses Ondo Assembly appeal against AiyedatiwaOndo lawmakers meet today, may declare Aiyedatiwa acting gov“We, as elected representatives of the people, have only acted within the precinct of the mandate freely given to us by our constituents. We have demonstrated courage when the occasion demanded it. We asked questions when there was cause for us, to do,” the Speaker stated.During the plenary session, 51 members of the Interim Caretaker Committee for the 18 local government areas of the state as well as the Local Council Development Areas, who had been screened by the Assembly, were approved, following the request of the Governor Rotimi Akeredolu.The PUNCHreports that there was a heavy presence of security operatives around the Assembly complex while the Tuesday session lasted.All efforts to reach the deputy governor on the telephone were not successful as his phone line indicated busy while the text message sent to him was not replied to at the time of filing this report.But one of his political associates,  who spoke on condition of anonymity, said Aiyedatiwa was not pleased with the decision of the Assembly as it was against  the resolution reached at Friday’s meeting“ You can see that the deputy governor was not in the state yet. He is waiting for the House to declare him the acting governor before coming. But I don’t know what will happen next on the matter because the House has not kept its own part of the ‘deal’.“The status quo they are talking about is for the deputy governor to be acting as the governor and that is what I expected the speaker to read today but he didn’t put that in his speech. Let’s see what happens next.” The House held its first plenary session on Tuesday after last Friday’s meeting with Tinubu in Abuja.At the end of Tuesday’s plenary, the Speaker of the Assembly, Mr Olamide Oladiji, disclosed that, as part of the resolutions reached at the meeting with Tinubu, the deputy governor,  Mr Lucky Aiyedatiwa, was asked to write an undated resignation letter and submit it to the President.The Speaker said the President appointed him (Speaker),  the Secretary of the Ondo State Government, Mrs Oladunni Odu, and the state Chairman of the All Progressives Congress, Ade Adetimehin, to monitor compliance with the resolutions.Oladiji, who read the resolutions on the floor of the House, warned all the gladiators and stakeholders against violating the resolutions of the meeting.The Speaker said,  “For the avoidance of doubt, let me present to the good people of Ondo State, the resolutions reached after the meeting of representatives of the Ondo State House of Assembly, the State Executive Council members, members of the National Assembly from Ondo State and the state Chairman of the All Progressives Congress with His Excellency, the President of the Federal Republic of Nigeria and the leadership of our great part,  that all parties shall embrace peace, that status quo be maintained by all parties, that all impeachment proceedings be terminated forthwith, and all court cases withdrawn by all parties.”Reading further, he said the resolutions also included “that there will be no dissolution of the State Executive Council, that an undated letter of resignation must be written and signed by the deputy governor and submitted to the President, that the party leadership and structures remained intact, that the House of Assembly leadership remained intact and that Hon. Lucky  Aiyedatiwa continues to perform the functions of office as deputy governor.”The speaker noted that the lawmakers were acting based on the mandate given to them by their constituents.Related NewsGovernorship Election Live UpdatesAiyedatiwa presides over Ondo exco meetingUPDATED: A'Court dismisses Ondo Assembly appeal against AiyedatiwaOndo lawmakers meet today, may declare Aiyedatiwa acting gov“We, as elected representatives of the people, have only acted within the precinct of the mandate freely given to us by our constituents. We have demonstrated courage when the occasion demanded it. We asked questions when there was cause for us, to do,” the Speaker stated.During the plenary session, 51 members of the Interim Caretaker Committee for the 18 local government areas of the state as well as the Local Council Development Areas, who had been screened by the Assembly, were approved, following the request of the Governor Rotimi Akeredolu.The PUNCHreports that there was a heavy presence of security operatives around the Assembly complex while the Tuesday session lasted.All efforts to reach the deputy governor on the telephone were not successful as his phone line indicated busy while the text message sent to him was not replied to at the time of filing this report.But one of his political associates,  who spoke on condition of anonymity, said Aiyedatiwa was not pleased with the decision of the Assembly as it was against  the resolution reached at Friday’s meeting“ You can see that the deputy governor was not in the state yet. He is waiting for the House to declare him the acting governor before coming. But I don’t know what will happen next on the matter because the House has not kept its own part of the ‘deal’.“The status quo they are talking about is for the deputy governor to be acting as the governor and that is what I expected the speaker to read today but he didn’t put that in his speech. Let’s see what happens next.” At the end of Tuesday’s plenary, the Speaker of the Assembly, Mr Olamide Oladiji, disclosed that, as part of the resolutions reached at the meeting with Tinubu, the deputy governor,  Mr Lucky Aiyedatiwa, was asked to write an undated resignation letter and submit it to the President.The Speaker said the President appointed him (Speaker),  the Secretary of the Ondo State Government, Mrs Oladunni Odu, and the state Chairman of the All Progressives Congress, Ade Adetimehin, to monitor compliance with the resolutions.Oladiji, who read the resolutions on the floor of the House, warned all the gladiators and stakeholders against violating the resolutions of the meeting.The Speaker said,  “For the avoidance of doubt, let me present to the good people of Ondo State, the resolutions reached after the meeting of representatives of the Ondo State House of Assembly, the State Executive Council members, members of the National Assembly from Ondo State and the state Chairman of the All Progressives Congress with His Excellency, the President of the Federal Republic of Nigeria and the leadership of our great part,  that all parties shall embrace peace, that status quo be maintained by all parties, that all impeachment proceedings be terminated forthwith, and all court cases withdrawn by all parties.”Reading further, he said the resolutions also included “that there will be no dissolution of the State Executive Council, that an undated letter of resignation must be written and signed by the deputy governor and submitted to the President, that the party leadership and structures remained intact, that the House of Assembly leadership remained intact and that Hon. Lucky  Aiyedatiwa continues to perform the functions of office as deputy governor.”The speaker noted that the lawmakers were acting based on the mandate given to them by their constituents.Related NewsGovernorship Election Live UpdatesAiyedatiwa presides over Ondo exco meetingUPDATED: A'Court dismisses Ondo Assembly appeal against AiyedatiwaOndo lawmakers meet today, may declare Aiyedatiwa acting gov“We, as elected representatives of the people, have only acted within the precinct of the mandate freely given to us by our constituents. We have demonstrated courage when the occasion demanded it. We asked questions when there was cause for us, to do,” the Speaker stated.During the plenary session, 51 members of the Interim Caretaker Committee for the 18 local government areas of the state as well as the Local Council Development Areas, who had been screened by the Assembly, were approved, following the request of the Governor Rotimi Akeredolu.The PUNCHreports that there was a heavy presence of security operatives around the Assembly complex while the Tuesday session lasted.All efforts to reach the deputy governor on the telephone were not successful as his phone line indicated busy while the text message sent to him was not replied to at the time of filing this report.But one of his political associates,  who spoke on condition of anonymity, said Aiyedatiwa was not pleased with the decision of the Assembly as it was against  the resolution reached at Friday’s meeting“ You can see that the deputy governor was not in the state yet. He is waiting for the House to declare him the acting governor before coming. But I don’t know what will happen next on the matter because the House has not kept its own part of the ‘deal’.“The status quo they are talking about is for the deputy governor to be acting as the governor and that is what I expected the speaker to read today but he didn’t put that in his speech. Let’s see what happens next.” The Speaker said the President appointed him (Speaker),  the Secretary of the Ondo State Government, Mrs Oladunni Odu, and the state Chairman of the All Progressives Congress, Ade Adetimehin, to monitor compliance with the resolutions.Oladiji, who read the resolutions on the floor of the House, warned all the gladiators and stakeholders against violating the resolutions of the meeting.The Speaker said,  “For the avoidance of doubt, let me present to the good people of Ondo State, the resolutions reached after the meeting of representatives of the Ondo State House of Assembly, the State Executive Council members, members of the National Assembly from Ondo State and the state Chairman of the All Progressives Congress with His Excellency, the President of the Federal Republic of Nigeria and the leadership of our great part,  that all parties shall embrace peace, that status quo be maintained by all parties, that all impeachment proceedings be terminated forthwith, and all court cases withdrawn by all parties.”Reading further, he said the resolutions also included “that there will be no dissolution of the State Executive Council, that an undated letter of resignation must be written and signed by the deputy governor and submitted to the President, that the party leadership and structures remained intact, that the House of Assembly leadership remained intact and that Hon. Lucky  Aiyedatiwa continues to perform the functions of office as deputy governor.”The speaker noted that the lawmakers were acting based on the mandate given to them by their constituents.Related NewsGovernorship Election Live UpdatesAiyedatiwa presides over Ondo exco meetingUPDATED: A'Court dismisses Ondo Assembly appeal against AiyedatiwaOndo lawmakers meet today, may declare Aiyedatiwa acting gov“We, as elected representatives of the people, have only acted within the precinct of the mandate freely given to us by our constituents. We have demonstrated courage when the occasion demanded it. We asked questions when there was cause for us, to do,” the Speaker stated.During the plenary session, 51 members of the Interim Caretaker Committee for the 18 local government areas of the state as well as the Local Council Development Areas, who had been screened by the Assembly, were approved, following the request of the Governor Rotimi Akeredolu.The PUNCHreports that there was a heavy presence of security operatives around the Assembly complex while the Tuesday session lasted.All efforts to reach the deputy governor on the telephone were not successful as his phone line indicated busy while the text message sent to him was not replied to at the time of filing this report.But one of his political associates,  who spoke on condition of anonymity, said Aiyedatiwa was not pleased with the decision of the Assembly as it was against  the resolution reached at Friday’s meeting“ You can see that the deputy governor was not in the state yet. He is waiting for the House to declare him the acting governor before coming. But I don’t know what will happen next on the matter because the House has not kept its own part of the ‘deal’.“The status quo they are talking about is for the deputy governor to be acting as the governor and that is what I expected the speaker to read today but he didn’t put that in his speech. Let’s see what happens next.” Oladiji, who read the resolutions on the floor of the House, warned all the gladiators and stakeholders against violating the resolutions of the meeting.The Speaker said,  “For the avoidance of doubt, let me present to the good people of Ondo State, the resolutions reached after the meeting of representatives of the Ondo State House of Assembly, the State Executive Council members, members of the National Assembly from Ondo State and the state Chairman of the All Progressives Congress with His Excellency, the President of the Federal Republic of Nigeria and the leadership of our great part,  that all parties shall embrace peace, that status quo be maintained by all parties, that all impeachment proceedings be terminated forthwith, and all court cases withdrawn by all parties.”Reading further, he said the resolutions also included “that there will be no dissolution of the State Executive Council, that an undated letter of resignation must be written and signed by the deputy governor and submitted to the President, that the party leadership and structures remained intact, that the House of Assembly leadership remained intact and that Hon. Lucky  Aiyedatiwa continues to perform the functions of office as deputy governor.”The speaker noted that the lawmakers were acting based on the mandate given to them by their constituents.Related NewsGovernorship Election Live UpdatesAiyedatiwa presides over Ondo exco meetingUPDATED: A'Court dismisses Ondo Assembly appeal against AiyedatiwaOndo lawmakers meet today, may declare Aiyedatiwa acting gov“We, as elected representatives of the people, have only acted within the precinct of the mandate freely given to us by our constituents. We have demonstrated courage when the occasion demanded it. We asked questions when there was cause for us, to do,” the Speaker stated.During the plenary session, 51 members of the Interim Caretaker Committee for the 18 local government areas of the state as well as the Local Council Development Areas, who had been screened by the Assembly, were approved, following the request of the Governor Rotimi Akeredolu.The PUNCHreports that there was a heavy presence of security operatives around the Assembly complex while the Tuesday session lasted.All efforts to reach the deputy governor on the telephone were not successful as his phone line indicated busy while the text message sent to him was not replied to at the time of filing this report.But one of his political associates,  who spoke on condition of anonymity, said Aiyedatiwa was not pleased with the decision of the Assembly as it was against  the resolution reached at Friday’s meeting“ You can see that the deputy governor was not in the state yet. He is waiting for the House to declare him the acting governor before coming. But I don’t know what will happen next on the matter because the House has not kept its own part of the ‘deal’.“The status quo they are talking about is for the deputy governor to be acting as the governor and that is what I expected the speaker to read today but he didn’t put that in his speech. Let’s see what happens next.” The Speaker said,  “For the avoidance of doubt, let me present to the good people of Ondo State, the resolutions reached after the meeting of representatives of the Ondo State House of Assembly, the State Executive Council members, members of the National Assembly from Ondo State and the state Chairman of the All Progressives Congress with His Excellency, the President of the Federal Republic of Nigeria and the leadership of our great part,  that all parties shall embrace peace, that status quo be maintained by all parties, that all impeachment proceedings be terminated forthwith, and all court cases withdrawn by all parties.”Reading further, he said the resolutions also included “that there will be no dissolution of the State Executive Council, that an undated letter of resignation must be written and signed by the deputy governor and submitted to the President, that the party leadership and structures remained intact, that the House of Assembly leadership remained intact and that Hon. Lucky  Aiyedatiwa continues to perform the functions of office as deputy governor.”The speaker noted that the lawmakers were acting based on the mandate given to them by their constituents.Related NewsGovernorship Election Live UpdatesAiyedatiwa presides over Ondo exco meetingUPDATED: A'Court dismisses Ondo Assembly appeal against AiyedatiwaOndo lawmakers meet today, may declare Aiyedatiwa acting gov“We, as elected representatives of the people, have only acted within the precinct of the mandate freely given to us by our constituents. We have demonstrated courage when the occasion demanded it. We asked questions when there was cause for us, to do,” the Speaker stated.During the plenary session, 51 members of the Interim Caretaker Committee for the 18 local government areas of the state as well as the Local Council Development Areas, who had been screened by the Assembly, were approved, following the request of the Governor Rotimi Akeredolu.The PUNCHreports that there was a heavy presence of security operatives around the Assembly complex while the Tuesday session lasted.All efforts to reach the deputy governor on the telephone were not successful as his phone line indicated busy while the text message sent to him was not replied to at the time of filing this report.But one of his political associates,  who spoke on condition of anonymity, said Aiyedatiwa was not pleased with the decision of the Assembly as it was against  the resolution reached at Friday’s meeting“ You can see that the deputy governor was not in the state yet. He is waiting for the House to declare him the acting governor before coming. But I don’t know what will happen next on the matter because the House has not kept its own part of the ‘deal’.“The status quo they are talking about is for the deputy governor to be acting as the governor and that is what I expected the speaker to read today but he didn’t put that in his speech. Let’s see what happens next.” Reading further, he said the resolutions also included “that there will be no dissolution of the State Executive Council, that an undated letter of resignation must be written and signed by the deputy governor and submitted to the President, that the party leadership and structures remained intact, that the House of Assembly leadership remained intact and that Hon. Lucky  Aiyedatiwa continues to perform the functions of office as deputy governor.”The speaker noted that the lawmakers were acting based on the mandate given to them by their constituents.Related NewsGovernorship Election Live UpdatesAiyedatiwa presides over Ondo exco meetingUPDATED: A'Court dismisses Ondo Assembly appeal against AiyedatiwaOndo lawmakers meet today, may declare Aiyedatiwa acting gov“We, as elected representatives of the people, have only acted within the precinct of the mandate freely given to us by our constituents. We have demonstrated courage when the occasion demanded it. We asked questions when there was cause for us, to do,” the Speaker stated.During the plenary session, 51 members of the Interim Caretaker Committee for the 18 local government areas of the state as well as the Local Council Development Areas, who had been screened by the Assembly, were approved, following the request of the Governor Rotimi Akeredolu.The PUNCHreports that there was a heavy presence of security operatives around the Assembly complex while the Tuesday session lasted.All efforts to reach the deputy governor on the telephone were not successful as his phone line indicated busy while the text message sent to him was not replied to at the time of filing this report.But one of his political associates,  who spoke on condition of anonymity, said Aiyedatiwa was not pleased with the decision of the Assembly as it was against  the resolution reached at Friday’s meeting“ You can see that the deputy governor was not in the state yet. He is waiting for the House to declare him the acting governor before coming. But I don’t know what will happen next on the matter because the House has not kept its own part of the ‘deal’.“The status quo they are talking about is for the deputy governor to be acting as the governor and that is what I expected the speaker to read today but he didn’t put that in his speech. Let’s see what happens next.” The speaker noted that the lawmakers were acting based on the mandate given to them by their constituents.Related NewsGovernorship Election Live UpdatesAiyedatiwa presides over Ondo exco meetingUPDATED: A'Court dismisses Ondo Assembly appeal against AiyedatiwaOndo lawmakers meet today, may declare Aiyedatiwa acting gov“We, as elected representatives of the people, have only acted within the precinct of the mandate freely given to us by our constituents. We have demonstrated courage when the occasion demanded it. We asked questions when there was cause for us, to do,” the Speaker stated.During the plenary session, 51 members of the Interim Caretaker Committee for the 18 local government areas of the state as well as the Local Council Development Areas, who had been screened by the Assembly, were approved, following the request of the Governor Rotimi Akeredolu.The PUNCHreports that there was a heavy presence of security operatives around the Assembly complex while the Tuesday session lasted.All efforts to reach the deputy governor on the telephone were not successful as his phone line indicated busy while the text message sent to him was not replied to at the time of filing this report.But one of his political associates,  who spoke on condition of anonymity, said Aiyedatiwa was not pleased with the decision of the Assembly as it was against  the resolution reached at Friday’s meeting“ You can see that the deputy governor was not in the state yet. He is waiting for the House to declare him the acting governor before coming. But I don’t know what will happen next on the matter because the House has not kept its own part of the ‘deal’.“The status quo they are talking about is for the deputy governor to be acting as the governor and that is what I expected the speaker to read today but he didn’t put that in his speech. Let’s see what happens next.” “We, as elected representatives of the people, have only acted within the precinct of the mandate freely given to us by our constituents. We have demonstrated courage when the occasion demanded it. We asked questions when there was cause for us, to do,” the Speaker stated.During the plenary session, 51 members of the Interim Caretaker Committee for the 18 local government areas of the state as well as the Local Council Development Areas, who had been screened by the Assembly, were approved, following the request of the Governor Rotimi Akeredolu.The PUNCHreports that there was a heavy presence of security operatives around the Assembly complex while the Tuesday session lasted.All efforts to reach the deputy governor on the telephone were not successful as his phone line indicated busy while the text message sent to him was not replied to at the time of filing this report.But one of his political associates,  who spoke on condition of anonymity, said Aiyedatiwa was not pleased with the decision of the Assembly as it was against  the resolution reached at Friday’s meeting“ You can see that the deputy governor was not in the state yet. He is waiting for the House to declare him the acting governor before coming. But I don’t know what will happen next on the matter because the House has not kept its own part of the ‘deal’.“The status quo they are talking about is for the deputy governor to be acting as the governor and that is what I expected the speaker to read today but he didn’t put that in his speech. Let’s see what happens next.” During the plenary session, 51 members of the Interim Caretaker Committee for the 18 local government areas of the state as well as the Local Council Development Areas, who had been screened by the Assembly, were approved, following the request of the Governor Rotimi Akeredolu.The PUNCHreports that there was a heavy presence of security operatives around the Assembly complex while the Tuesday session lasted.All efforts to reach the deputy governor on the telephone were not successful as his phone line indicated busy while the text message sent to him was not replied to at the time of filing this report.But one of his political associates,  who spoke on condition of anonymity, said Aiyedatiwa was not pleased with the decision of the Assembly as it was against  the resolution reached at Friday’s meeting“ You can see that the deputy governor was not in the state yet. He is waiting for the House to declare him the acting governor before coming. But I don’t know what will happen next on the matter because the House has not kept its own part of the ‘deal’.“The status quo they are talking about is for the deputy governor to be acting as the governor and that is what I expected the speaker to read today but he didn’t put that in his speech. Let’s see what happens next.” The PUNCHreports that there was a heavy presence of security operatives around the Assembly complex while the Tuesday session lasted.All efforts to reach the deputy governor on the telephone were not successful as his phone line indicated busy while the text message sent to him was not replied to at the time of filing this report.But one of his political associates,  who spoke on condition of anonymity, said Aiyedatiwa was not pleased with the decision of the Assembly as it was against  the resolution reached at Friday’s meeting“ You can see that the deputy governor was not in the state yet. He is waiting for the House to declare him the acting governor before coming. But I don’t know what will happen next on the matter because the House has not kept its own part of the ‘deal’.“The status quo they are talking about is for the deputy governor to be acting as the governor and that is what I expected the speaker to read today but he didn’t put that in his speech. Let’s see what happens next.” All efforts to reach the deputy governor on the telephone were not successful as his phone line indicated busy while the text message sent to him was not replied to at the time of filing this report.But one of his political associates,  who spoke on condition of anonymity, said Aiyedatiwa was not pleased with the decision of the Assembly as it was against  the resolution reached at Friday’s meeting“ You can see that the deputy governor was not in the state yet. He is waiting for the House to declare him the acting governor before coming. But I don’t know what will happen next on the matter because the House has not kept its own part of the ‘deal’.“The status quo they are talking about is for the deputy governor to be acting as the governor and that is what I expected the speaker to read today but he didn’t put that in his speech. Let’s see what happens next.” But one of his political associates,  who spoke on condition of anonymity, said Aiyedatiwa was not pleased with the decision of the Assembly as it was against  the resolution reached at Friday’s meeting“ You can see that the deputy governor was not in the state yet. He is waiting for the House to declare him the acting governor before coming. But I don’t know what will happen next on the matter because the House has not kept its own part of the ‘deal’.“The status quo they are talking about is for the deputy governor to be acting as the governor and that is what I expected the speaker to read today but he didn’t put that in his speech. Let’s see what happens next.” “ You can see that the deputy governor was not in the state yet. He is waiting for the House to declare him the acting governor before coming. But I don’t know what will happen next on the matter because the House has not kept its own part of the ‘deal’.“The status quo they are talking about is for the deputy governor to be acting as the governor and that is what I expected the speaker to read today but he didn’t put that in his speech. Let’s see what happens next.” “The status quo they are talking about is for the deputy governor to be acting as the governor and that is what I expected the speaker to read today but he didn’t put that in his speech. Let’s see what happens next.”

776039

nan

The Punch

Abiodun Sanusi

FCT police nab suspected murderer, kidnappers, robbers, recover arms

The Federal Capital Territory Police Command has arrested several criminal suspects for alleged offences ranging from culpable homicide, kidnapping, armed robbery, stealing, ‘one chance,’ illegal possession of firearms, and cultism, to carjacking. The police …

https://punchng.com/fct-police-nab-suspected-murderer-kidnappers-robbers-recover-arms/

2023-11-29 03:40:20

The Federal Capital Territory Police Command has arrested several criminal suspects for alleged offences ranging from culpable homicide, kidnapping, armed robbery, stealing, one chance, illegal posse… [+4538 chars]

Nigeria

The Federal Capital Territory Police Command has arrested several criminal suspects for alleged offences ranging from culpable homicide, kidnapping, armed robbery, stealing, ‘one chance,’ illegal possession of firearms, and cultism, to carjacking.The police on Tuesday paraded a total number of 43 suspects, 11 of whom were arrested over alleged involvement in ‘one chance,’ seven alleged kidnappers and informants, an alleged cultist, and one suspected kidnapper killed.Speaking to journalists during the parade, the FCT CP, Haruna Garba, also noted that a total of 30 pieces of ammunition, five firearms, and three stolen vehicles, were recovered by the police.Garba said, “On October 29, police operatives from Kabusa Division, acting on actionable intelligence, arrested one Obichukwu Elijah and Johnson Samuel who stole and conspired to sell a Toyota Sienna with Registration No. EPE 397 DP, property of one Friday Ogelenya. The suspects were apprehended while trying to sell off the said vehicle at the Gudu mechanic area of Apo. Suspects confessed to their involvement in the crime and will be charged in court at the conclusion of the investigation.“On October 24, following a report made by one Faith James at the Trademore Division, that she boarded a green Peugeot vehicle with Reg. No. CK 202 GWA from ACO Estate junction heading to Trademore, was robbed of her belongings which included a cash sum of N110,000 by a purported commercial vehicle driver and her colleagues who pretended as genuine passengers. On receipt of the report, police operatives from the division swung into action, trailed and arrested one Osai Donatus with the same vehicle in the process of committing the same act on another innocent passenger. The suspect confessed to his involvement in the crime and is assisting the police to apprehend his other gang members at large.”The CP further revealed that on October 30, operatives from the Asokoro Division while on routine patrol along the DSS Quarters, Asokoro observed a Vento Volkswagen car with Reg. No. APP 307 GS, blue in colour moving in a suspicious manner.The police operatives intercepted the vehicle opposite Niger Barracks and arrested a five-man gang AKA “Open and Close” namely; Lekan Adebayo (gang leader), Abraham Umukoro, Joseph Asobei, Blessing Gabriel (female) and Joy Livinus (female).Related NewsGovernorship Election Live UpdatesFCT police nab suspected criminals, recover armsEkiti police nab two men for stealing N720,000 goodsFCT police arrest suspected robbers, carjacker, kidnappers' informantGarba added, “During interrogation, suspects confessed to being a one-chance syndicate who specialised in carefully identifying, and picking up their victims, taking them to an isolated area, to rob them of their valuables, and drop them off at isolated locations. While searching the vehicle, police operatives discovered four bundles of wrapped paper cut to money size, four car keys and other valuables were recovered from them. Suspects will be arraigned in court at the conclusion of the investigation.“On November 27, at about 4:30 pm, following a report from one Bright Ezekiel that, she and her friend one Rose Augustine boarded a vehicle from Mogadishu Cantonment to Kubwa and were taken to an unknown destination where the sum of N482,000.00 and N387,500.00 respectively were transferred from their account by suspected one chance robbers. On receipt of the report, police operatives from Asokoro Division swung into action and with the help of the Nigeria Army Intelligence Unit, five suspects namely: Ogbonna Nwovu, Ndugo Ikechukwu, Amaechi Emezi, Felicia Udoh and Adekunle Tayo were arrested. Their operational vehicle, V/wagen Wagon taxi, with Reg. No. AA 958 RYM blue in colour was recovered. Suspects confessed to the crime and will soon be arraigned in court.”Earlier on November 2, following a distress call received by the DPO Karshi Division about a robbery incident at Gidandaya Zone A Karshi, a combined team of police operatives of Operation Safe FCT and Karshi Division mobilised to the scene and arrested the duo of Isiaka Adamu and Yusuf Ahmed.The CP noted that the suspects confessed to being members of a notorious robbery gang of eight while adding that the suspects were cooperating with the police to apprehend other gang members at large.In a similar development, on October 8, police operatives from Anti-Car Theft of the command while on routine patrol along Yar’Adua Expressway, and Airport Road arrested one Zakari Arome, a member of a three-man armed robbery gang.The police revealed that the suspects came from the neighbouring state of Kogi to perpetrate their criminal act and leave immediately, adding that the suspect alongside his two other gang members now at large were trying to snatch a Toyota Corolla car with Reg No. YAB 885 CY from the owner at gunpoint when the police operatives swooped on them while two of the gang members escaped. The police on Tuesday paraded a total number of 43 suspects, 11 of whom were arrested over alleged involvement in ‘one chance,’ seven alleged kidnappers and informants, an alleged cultist, and one suspected kidnapper killed.Speaking to journalists during the parade, the FCT CP, Haruna Garba, also noted that a total of 30 pieces of ammunition, five firearms, and three stolen vehicles, were recovered by the police.Garba said, “On October 29, police operatives from Kabusa Division, acting on actionable intelligence, arrested one Obichukwu Elijah and Johnson Samuel who stole and conspired to sell a Toyota Sienna with Registration No. EPE 397 DP, property of one Friday Ogelenya. The suspects were apprehended while trying to sell off the said vehicle at the Gudu mechanic area of Apo. Suspects confessed to their involvement in the crime and will be charged in court at the conclusion of the investigation.“On October 24, following a report made by one Faith James at the Trademore Division, that she boarded a green Peugeot vehicle with Reg. No. CK 202 GWA from ACO Estate junction heading to Trademore, was robbed of her belongings which included a cash sum of N110,000 by a purported commercial vehicle driver and her colleagues who pretended as genuine passengers. On receipt of the report, police operatives from the division swung into action, trailed and arrested one Osai Donatus with the same vehicle in the process of committing the same act on another innocent passenger. The suspect confessed to his involvement in the crime and is assisting the police to apprehend his other gang members at large.”The CP further revealed that on October 30, operatives from the Asokoro Division while on routine patrol along the DSS Quarters, Asokoro observed a Vento Volkswagen car with Reg. No. APP 307 GS, blue in colour moving in a suspicious manner.The police operatives intercepted the vehicle opposite Niger Barracks and arrested a five-man gang AKA “Open and Close” namely; Lekan Adebayo (gang leader), Abraham Umukoro, Joseph Asobei, Blessing Gabriel (female) and Joy Livinus (female).Related NewsGovernorship Election Live UpdatesFCT police nab suspected criminals, recover armsEkiti police nab two men for stealing N720,000 goodsFCT police arrest suspected robbers, carjacker, kidnappers' informantGarba added, “During interrogation, suspects confessed to being a one-chance syndicate who specialised in carefully identifying, and picking up their victims, taking them to an isolated area, to rob them of their valuables, and drop them off at isolated locations. While searching the vehicle, police operatives discovered four bundles of wrapped paper cut to money size, four car keys and other valuables were recovered from them. Suspects will be arraigned in court at the conclusion of the investigation.“On November 27, at about 4:30 pm, following a report from one Bright Ezekiel that, she and her friend one Rose Augustine boarded a vehicle from Mogadishu Cantonment to Kubwa and were taken to an unknown destination where the sum of N482,000.00 and N387,500.00 respectively were transferred from their account by suspected one chance robbers. On receipt of the report, police operatives from Asokoro Division swung into action and with the help of the Nigeria Army Intelligence Unit, five suspects namely: Ogbonna Nwovu, Ndugo Ikechukwu, Amaechi Emezi, Felicia Udoh and Adekunle Tayo were arrested. Their operational vehicle, V/wagen Wagon taxi, with Reg. No. AA 958 RYM blue in colour was recovered. Suspects confessed to the crime and will soon be arraigned in court.”Earlier on November 2, following a distress call received by the DPO Karshi Division about a robbery incident at Gidandaya Zone A Karshi, a combined team of police operatives of Operation Safe FCT and Karshi Division mobilised to the scene and arrested the duo of Isiaka Adamu and Yusuf Ahmed.The CP noted that the suspects confessed to being members of a notorious robbery gang of eight while adding that the suspects were cooperating with the police to apprehend other gang members at large.In a similar development, on October 8, police operatives from Anti-Car Theft of the command while on routine patrol along Yar’Adua Expressway, and Airport Road arrested one Zakari Arome, a member of a three-man armed robbery gang.The police revealed that the suspects came from the neighbouring state of Kogi to perpetrate their criminal act and leave immediately, adding that the suspect alongside his two other gang members now at large were trying to snatch a Toyota Corolla car with Reg No. YAB 885 CY from the owner at gunpoint when the police operatives swooped on them while two of the gang members escaped. Speaking to journalists during the parade, the FCT CP, Haruna Garba, also noted that a total of 30 pieces of ammunition, five firearms, and three stolen vehicles, were recovered by the police.Garba said, “On October 29, police operatives from Kabusa Division, acting on actionable intelligence, arrested one Obichukwu Elijah and Johnson Samuel who stole and conspired to sell a Toyota Sienna with Registration No. EPE 397 DP, property of one Friday Ogelenya. The suspects were apprehended while trying to sell off the said vehicle at the Gudu mechanic area of Apo. Suspects confessed to their involvement in the crime and will be charged in court at the conclusion of the investigation.“On October 24, following a report made by one Faith James at the Trademore Division, that she boarded a green Peugeot vehicle with Reg. No. CK 202 GWA from ACO Estate junction heading to Trademore, was robbed of her belongings which included a cash sum of N110,000 by a purported commercial vehicle driver and her colleagues who pretended as genuine passengers. On receipt of the report, police operatives from the division swung into action, trailed and arrested one Osai Donatus with the same vehicle in the process of committing the same act on another innocent passenger. The suspect confessed to his involvement in the crime and is assisting the police to apprehend his other gang members at large.”The CP further revealed that on October 30, operatives from the Asokoro Division while on routine patrol along the DSS Quarters, Asokoro observed a Vento Volkswagen car with Reg. No. APP 307 GS, blue in colour moving in a suspicious manner.The police operatives intercepted the vehicle opposite Niger Barracks and arrested a five-man gang AKA “Open and Close” namely; Lekan Adebayo (gang leader), Abraham Umukoro, Joseph Asobei, Blessing Gabriel (female) and Joy Livinus (female).Related NewsGovernorship Election Live UpdatesFCT police nab suspected criminals, recover armsEkiti police nab two men for stealing N720,000 goodsFCT police arrest suspected robbers, carjacker, kidnappers' informantGarba added, “During interrogation, suspects confessed to being a one-chance syndicate who specialised in carefully identifying, and picking up their victims, taking them to an isolated area, to rob them of their valuables, and drop them off at isolated locations. While searching the vehicle, police operatives discovered four bundles of wrapped paper cut to money size, four car keys and other valuables were recovered from them. Suspects will be arraigned in court at the conclusion of the investigation.“On November 27, at about 4:30 pm, following a report from one Bright Ezekiel that, she and her friend one Rose Augustine boarded a vehicle from Mogadishu Cantonment to Kubwa and were taken to an unknown destination where the sum of N482,000.00 and N387,500.00 respectively were transferred from their account by suspected one chance robbers. On receipt of the report, police operatives from Asokoro Division swung into action and with the help of the Nigeria Army Intelligence Unit, five suspects namely: Ogbonna Nwovu, Ndugo Ikechukwu, Amaechi Emezi, Felicia Udoh and Adekunle Tayo were arrested. Their operational vehicle, V/wagen Wagon taxi, with Reg. No. AA 958 RYM blue in colour was recovered. Suspects confessed to the crime and will soon be arraigned in court.”Earlier on November 2, following a distress call received by the DPO Karshi Division about a robbery incident at Gidandaya Zone A Karshi, a combined team of police operatives of Operation Safe FCT and Karshi Division mobilised to the scene and arrested the duo of Isiaka Adamu and Yusuf Ahmed.The CP noted that the suspects confessed to being members of a notorious robbery gang of eight while adding that the suspects were cooperating with the police to apprehend other gang members at large.In a similar development, on October 8, police operatives from Anti-Car Theft of the command while on routine patrol along Yar’Adua Expressway, and Airport Road arrested one Zakari Arome, a member of a three-man armed robbery gang.The police revealed that the suspects came from the neighbouring state of Kogi to perpetrate their criminal act and leave immediately, adding that the suspect alongside his two other gang members now at large were trying to snatch a Toyota Corolla car with Reg No. YAB 885 CY from the owner at gunpoint when the police operatives swooped on them while two of the gang members escaped. Garba said, “On October 29, police operatives from Kabusa Division, acting on actionable intelligence, arrested one Obichukwu Elijah and Johnson Samuel who stole and conspired to sell a Toyota Sienna with Registration No. EPE 397 DP, property of one Friday Ogelenya. The suspects were apprehended while trying to sell off the said vehicle at the Gudu mechanic area of Apo. Suspects confessed to their involvement in the crime and will be charged in court at the conclusion of the investigation.“On October 24, following a report made by one Faith James at the Trademore Division, that she boarded a green Peugeot vehicle with Reg. No. CK 202 GWA from ACO Estate junction heading to Trademore, was robbed of her belongings which included a cash sum of N110,000 by a purported commercial vehicle driver and her colleagues who pretended as genuine passengers. On receipt of the report, police operatives from the division swung into action, trailed and arrested one Osai Donatus with the same vehicle in the process of committing the same act on another innocent passenger. The suspect confessed to his involvement in the crime and is assisting the police to apprehend his other gang members at large.”The CP further revealed that on October 30, operatives from the Asokoro Division while on routine patrol along the DSS Quarters, Asokoro observed a Vento Volkswagen car with Reg. No. APP 307 GS, blue in colour moving in a suspicious manner.The police operatives intercepted the vehicle opposite Niger Barracks and arrested a five-man gang AKA “Open and Close” namely; Lekan Adebayo (gang leader), Abraham Umukoro, Joseph Asobei, Blessing Gabriel (female) and Joy Livinus (female).Related NewsGovernorship Election Live UpdatesFCT police nab suspected criminals, recover armsEkiti police nab two men for stealing N720,000 goodsFCT police arrest suspected robbers, carjacker, kidnappers' informantGarba added, “During interrogation, suspects confessed to being a one-chance syndicate who specialised in carefully identifying, and picking up their victims, taking them to an isolated area, to rob them of their valuables, and drop them off at isolated locations. While searching the vehicle, police operatives discovered four bundles of wrapped paper cut to money size, four car keys and other valuables were recovered from them. Suspects will be arraigned in court at the conclusion of the investigation.“On November 27, at about 4:30 pm, following a report from one Bright Ezekiel that, she and her friend one Rose Augustine boarded a vehicle from Mogadishu Cantonment to Kubwa and were taken to an unknown destination where the sum of N482,000.00 and N387,500.00 respectively were transferred from their account by suspected one chance robbers. On receipt of the report, police operatives from Asokoro Division swung into action and with the help of the Nigeria Army Intelligence Unit, five suspects namely: Ogbonna Nwovu, Ndugo Ikechukwu, Amaechi Emezi, Felicia Udoh and Adekunle Tayo were arrested. Their operational vehicle, V/wagen Wagon taxi, with Reg. No. AA 958 RYM blue in colour was recovered. Suspects confessed to the crime and will soon be arraigned in court.”Earlier on November 2, following a distress call received by the DPO Karshi Division about a robbery incident at Gidandaya Zone A Karshi, a combined team of police operatives of Operation Safe FCT and Karshi Division mobilised to the scene and arrested the duo of Isiaka Adamu and Yusuf Ahmed.The CP noted that the suspects confessed to being members of a notorious robbery gang of eight while adding that the suspects were cooperating with the police to apprehend other gang members at large.In a similar development, on October 8, police operatives from Anti-Car Theft of the command while on routine patrol along Yar’Adua Expressway, and Airport Road arrested one Zakari Arome, a member of a three-man armed robbery gang.The police revealed that the suspects came from the neighbouring state of Kogi to perpetrate their criminal act and leave immediately, adding that the suspect alongside his two other gang members now at large were trying to snatch a Toyota Corolla car with Reg No. YAB 885 CY from the owner at gunpoint when the police operatives swooped on them while two of the gang members escaped. “On October 24, following a report made by one Faith James at the Trademore Division, that she boarded a green Peugeot vehicle with Reg. No. CK 202 GWA from ACO Estate junction heading to Trademore, was robbed of her belongings which included a cash sum of N110,000 by a purported commercial vehicle driver and her colleagues who pretended as genuine passengers. On receipt of the report, police operatives from the division swung into action, trailed and arrested one Osai Donatus with the same vehicle in the process of committing the same act on another innocent passenger. The suspect confessed to his involvement in the crime and is assisting the police to apprehend his other gang members at large.”The CP further revealed that on October 30, operatives from the Asokoro Division while on routine patrol along the DSS Quarters, Asokoro observed a Vento Volkswagen car with Reg. No. APP 307 GS, blue in colour moving in a suspicious manner.The police operatives intercepted the vehicle opposite Niger Barracks and arrested a five-man gang AKA “Open and Close” namely; Lekan Adebayo (gang leader), Abraham Umukoro, Joseph Asobei, Blessing Gabriel (female) and Joy Livinus (female).Related NewsGovernorship Election Live UpdatesFCT police nab suspected criminals, recover armsEkiti police nab two men for stealing N720,000 goodsFCT police arrest suspected robbers, carjacker, kidnappers' informantGarba added, “During interrogation, suspects confessed to being a one-chance syndicate who specialised in carefully identifying, and picking up their victims, taking them to an isolated area, to rob them of their valuables, and drop them off at isolated locations. While searching the vehicle, police operatives discovered four bundles of wrapped paper cut to money size, four car keys and other valuables were recovered from them. Suspects will be arraigned in court at the conclusion of the investigation.“On November 27, at about 4:30 pm, following a report from one Bright Ezekiel that, she and her friend one Rose Augustine boarded a vehicle from Mogadishu Cantonment to Kubwa and were taken to an unknown destination where the sum of N482,000.00 and N387,500.00 respectively were transferred from their account by suspected one chance robbers. On receipt of the report, police operatives from Asokoro Division swung into action and with the help of the Nigeria Army Intelligence Unit, five suspects namely: Ogbonna Nwovu, Ndugo Ikechukwu, Amaechi Emezi, Felicia Udoh and Adekunle Tayo were arrested. Their operational vehicle, V/wagen Wagon taxi, with Reg. No. AA 958 RYM blue in colour was recovered. Suspects confessed to the crime and will soon be arraigned in court.”Earlier on November 2, following a distress call received by the DPO Karshi Division about a robbery incident at Gidandaya Zone A Karshi, a combined team of police operatives of Operation Safe FCT and Karshi Division mobilised to the scene and arrested the duo of Isiaka Adamu and Yusuf Ahmed.The CP noted that the suspects confessed to being members of a notorious robbery gang of eight while adding that the suspects were cooperating with the police to apprehend other gang members at large.In a similar development, on October 8, police operatives from Anti-Car Theft of the command while on routine patrol along Yar’Adua Expressway, and Airport Road arrested one Zakari Arome, a member of a three-man armed robbery gang.The police revealed that the suspects came from the neighbouring state of Kogi to perpetrate their criminal act and leave immediately, adding that the suspect alongside his two other gang members now at large were trying to snatch a Toyota Corolla car with Reg No. YAB 885 CY from the owner at gunpoint when the police operatives swooped on them while two of the gang members escaped. The CP further revealed that on October 30, operatives from the Asokoro Division while on routine patrol along the DSS Quarters, Asokoro observed a Vento Volkswagen car with Reg. No. APP 307 GS, blue in colour moving in a suspicious manner.The police operatives intercepted the vehicle opposite Niger Barracks and arrested a five-man gang AKA “Open and Close” namely; Lekan Adebayo (gang leader), Abraham Umukoro, Joseph Asobei, Blessing Gabriel (female) and Joy Livinus (female).Related NewsGovernorship Election Live UpdatesFCT police nab suspected criminals, recover armsEkiti police nab two men for stealing N720,000 goodsFCT police arrest suspected robbers, carjacker, kidnappers' informantGarba added, “During interrogation, suspects confessed to being a one-chance syndicate who specialised in carefully identifying, and picking up their victims, taking them to an isolated area, to rob them of their valuables, and drop them off at isolated locations. While searching the vehicle, police operatives discovered four bundles of wrapped paper cut to money size, four car keys and other valuables were recovered from them. Suspects will be arraigned in court at the conclusion of the investigation.“On November 27, at about 4:30 pm, following a report from one Bright Ezekiel that, she and her friend one Rose Augustine boarded a vehicle from Mogadishu Cantonment to Kubwa and were taken to an unknown destination where the sum of N482,000.00 and N387,500.00 respectively were transferred from their account by suspected one chance robbers. On receipt of the report, police operatives from Asokoro Division swung into action and with the help of the Nigeria Army Intelligence Unit, five suspects namely: Ogbonna Nwovu, Ndugo Ikechukwu, Amaechi Emezi, Felicia Udoh and Adekunle Tayo were arrested. Their operational vehicle, V/wagen Wagon taxi, with Reg. No. AA 958 RYM blue in colour was recovered. Suspects confessed to the crime and will soon be arraigned in court.”Earlier on November 2, following a distress call received by the DPO Karshi Division about a robbery incident at Gidandaya Zone A Karshi, a combined team of police operatives of Operation Safe FCT and Karshi Division mobilised to the scene and arrested the duo of Isiaka Adamu and Yusuf Ahmed.The CP noted that the suspects confessed to being members of a notorious robbery gang of eight while adding that the suspects were cooperating with the police to apprehend other gang members at large.In a similar development, on October 8, police operatives from Anti-Car Theft of the command while on routine patrol along Yar’Adua Expressway, and Airport Road arrested one Zakari Arome, a member of a three-man armed robbery gang.The police revealed that the suspects came from the neighbouring state of Kogi to perpetrate their criminal act and leave immediately, adding that the suspect alongside his two other gang members now at large were trying to snatch a Toyota Corolla car with Reg No. YAB 885 CY from the owner at gunpoint when the police operatives swooped on them while two of the gang members escaped. The police operatives intercepted the vehicle opposite Niger Barracks and arrested a five-man gang AKA “Open and Close” namely; Lekan Adebayo (gang leader), Abraham Umukoro, Joseph Asobei, Blessing Gabriel (female) and Joy Livinus (female).Related NewsGovernorship Election Live UpdatesFCT police nab suspected criminals, recover armsEkiti police nab two men for stealing N720,000 goodsFCT police arrest suspected robbers, carjacker, kidnappers' informantGarba added, “During interrogation, suspects confessed to being a one-chance syndicate who specialised in carefully identifying, and picking up their victims, taking them to an isolated area, to rob them of their valuables, and drop them off at isolated locations. While searching the vehicle, police operatives discovered four bundles of wrapped paper cut to money size, four car keys and other valuables were recovered from them. Suspects will be arraigned in court at the conclusion of the investigation.“On November 27, at about 4:30 pm, following a report from one Bright Ezekiel that, she and her friend one Rose Augustine boarded a vehicle from Mogadishu Cantonment to Kubwa and were taken to an unknown destination where the sum of N482,000.00 and N387,500.00 respectively were transferred from their account by suspected one chance robbers. On receipt of the report, police operatives from Asokoro Division swung into action and with the help of the Nigeria Army Intelligence Unit, five suspects namely: Ogbonna Nwovu, Ndugo Ikechukwu, Amaechi Emezi, Felicia Udoh and Adekunle Tayo were arrested. Their operational vehicle, V/wagen Wagon taxi, with Reg. No. AA 958 RYM blue in colour was recovered. Suspects confessed to the crime and will soon be arraigned in court.”Earlier on November 2, following a distress call received by the DPO Karshi Division about a robbery incident at Gidandaya Zone A Karshi, a combined team of police operatives of Operation Safe FCT and Karshi Division mobilised to the scene and arrested the duo of Isiaka Adamu and Yusuf Ahmed.The CP noted that the suspects confessed to being members of a notorious robbery gang of eight while adding that the suspects were cooperating with the police to apprehend other gang members at large.In a similar development, on October 8, police operatives from Anti-Car Theft of the command while on routine patrol along Yar’Adua Expressway, and Airport Road arrested one Zakari Arome, a member of a three-man armed robbery gang.The police revealed that the suspects came from the neighbouring state of Kogi to perpetrate their criminal act and leave immediately, adding that the suspect alongside his two other gang members now at large were trying to snatch a Toyota Corolla car with Reg No. YAB 885 CY from the owner at gunpoint when the police operatives swooped on them while two of the gang members escaped. Garba added, “During interrogation, suspects confessed to being a one-chance syndicate who specialised in carefully identifying, and picking up their victims, taking them to an isolated area, to rob them of their valuables, and drop them off at isolated locations. While searching the vehicle, police operatives discovered four bundles of wrapped paper cut to money size, four car keys and other valuables were recovered from them. Suspects will be arraigned in court at the conclusion of the investigation.“On November 27, at about 4:30 pm, following a report from one Bright Ezekiel that, she and her friend one Rose Augustine boarded a vehicle from Mogadishu Cantonment to Kubwa and were taken to an unknown destination where the sum of N482,000.00 and N387,500.00 respectively were transferred from their account by suspected one chance robbers. On receipt of the report, police operatives from Asokoro Division swung into action and with the help of the Nigeria Army Intelligence Unit, five suspects namely: Ogbonna Nwovu, Ndugo Ikechukwu, Amaechi Emezi, Felicia Udoh and Adekunle Tayo were arrested. Their operational vehicle, V/wagen Wagon taxi, with Reg. No. AA 958 RYM blue in colour was recovered. Suspects confessed to the crime and will soon be arraigned in court.”Earlier on November 2, following a distress call received by the DPO Karshi Division about a robbery incident at Gidandaya Zone A Karshi, a combined team of police operatives of Operation Safe FCT and Karshi Division mobilised to the scene and arrested the duo of Isiaka Adamu and Yusuf Ahmed.The CP noted that the suspects confessed to being members of a notorious robbery gang of eight while adding that the suspects were cooperating with the police to apprehend other gang members at large.In a similar development, on October 8, police operatives from Anti-Car Theft of the command while on routine patrol along Yar’Adua Expressway, and Airport Road arrested one Zakari Arome, a member of a three-man armed robbery gang.The police revealed that the suspects came from the neighbouring state of Kogi to perpetrate their criminal act and leave immediately, adding that the suspect alongside his two other gang members now at large were trying to snatch a Toyota Corolla car with Reg No. YAB 885 CY from the owner at gunpoint when the police operatives swooped on them while two of the gang members escaped. “On November 27, at about 4:30 pm, following a report from one Bright Ezekiel that, she and her friend one Rose Augustine boarded a vehicle from Mogadishu Cantonment to Kubwa and were taken to an unknown destination where the sum of N482,000.00 and N387,500.00 respectively were transferred from their account by suspected one chance robbers. On receipt of the report, police operatives from Asokoro Division swung into action and with the help of the Nigeria Army Intelligence Unit, five suspects namely: Ogbonna Nwovu, Ndugo Ikechukwu, Amaechi Emezi, Felicia Udoh and Adekunle Tayo were arrested. Their operational vehicle, V/wagen Wagon taxi, with Reg. No. AA 958 RYM blue in colour was recovered. Suspects confessed to the crime and will soon be arraigned in court.”Earlier on November 2, following a distress call received by the DPO Karshi Division about a robbery incident at Gidandaya Zone A Karshi, a combined team of police operatives of Operation Safe FCT and Karshi Division mobilised to the scene and arrested the duo of Isiaka Adamu and Yusuf Ahmed.The CP noted that the suspects confessed to being members of a notorious robbery gang of eight while adding that the suspects were cooperating with the police to apprehend other gang members at large.In a similar development, on October 8, police operatives from Anti-Car Theft of the command while on routine patrol along Yar’Adua Expressway, and Airport Road arrested one Zakari Arome, a member of a three-man armed robbery gang.The police revealed that the suspects came from the neighbouring state of Kogi to perpetrate their criminal act and leave immediately, adding that the suspect alongside his two other gang members now at large were trying to snatch a Toyota Corolla car with Reg No. YAB 885 CY from the owner at gunpoint when the police operatives swooped on them while two of the gang members escaped. Earlier on November 2, following a distress call received by the DPO Karshi Division about a robbery incident at Gidandaya Zone A Karshi, a combined team of police operatives of Operation Safe FCT and Karshi Division mobilised to the scene and arrested the duo of Isiaka Adamu and Yusuf Ahmed.The CP noted that the suspects confessed to being members of a notorious robbery gang of eight while adding that the suspects were cooperating with the police to apprehend other gang members at large.In a similar development, on October 8, police operatives from Anti-Car Theft of the command while on routine patrol along Yar’Adua Expressway, and Airport Road arrested one Zakari Arome, a member of a three-man armed robbery gang.The police revealed that the suspects came from the neighbouring state of Kogi to perpetrate their criminal act and leave immediately, adding that the suspect alongside his two other gang members now at large were trying to snatch a Toyota Corolla car with Reg No. YAB 885 CY from the owner at gunpoint when the police operatives swooped on them while two of the gang members escaped. The CP noted that the suspects confessed to being members of a notorious robbery gang of eight while adding that the suspects were cooperating with the police to apprehend other gang members at large.In a similar development, on October 8, police operatives from Anti-Car Theft of the command while on routine patrol along Yar’Adua Expressway, and Airport Road arrested one Zakari Arome, a member of a three-man armed robbery gang.The police revealed that the suspects came from the neighbouring state of Kogi to perpetrate their criminal act and leave immediately, adding that the suspect alongside his two other gang members now at large were trying to snatch a Toyota Corolla car with Reg No. YAB 885 CY from the owner at gunpoint when the police operatives swooped on them while two of the gang members escaped. In a similar development, on October 8, police operatives from Anti-Car Theft of the command while on routine patrol along Yar’Adua Expressway, and Airport Road arrested one Zakari Arome, a member of a three-man armed robbery gang.The police revealed that the suspects came from the neighbouring state of Kogi to perpetrate their criminal act and leave immediately, adding that the suspect alongside his two other gang members now at large were trying to snatch a Toyota Corolla car with Reg No. YAB 885 CY from the owner at gunpoint when the police operatives swooped on them while two of the gang members escaped. The police revealed that the suspects came from the neighbouring state of Kogi to perpetrate their criminal act and leave immediately, adding that the suspect alongside his two other gang members now at large were trying to snatch a Toyota Corolla car with Reg No. YAB 885 CY from the owner at gunpoint when the police operatives swooped on them while two of the gang members escaped.

776063

the-times-of-india

The Times of India

The Feed

Brentford youngster Michael Olakigbe signs new long-term deal

Brentford B's Michael Olakigbe extended his contract until 2028, impressing with four Premier League appearances. The 19-year-old winger was signed from Fulham in 2022. Director Phil Giles praised Olakigbe's dedication and extended contract for further develo…

https://economictimes.indiatimes.com/news/international/us/brentford-youngster-michael-olakigbe-signs-new-long-term-deal/articleshow/105598500.cms

2023-11-29 13:28:28

Brentford B's winger, Michael Olakigbe, has inked a fresh long-term deal with the club. The 19-year-old has committed to staying until 2028, with the club holding the option for an additional year. O… [+2937 chars]

Nigeria

Brentford B 's winger, Michael Olakigbe , has inked a fresh long-term deal with the club. The 19-year-old has committed to staying until 2028, with the club holding the option for an additional year. Olakigbe, who made his league debut off the bench against Bournemouth in September, has already amassed four Premier League appearances this season. Before this league debut, he marked his senior debut in the Carabao Cup victory over Newport County. Joining Brentford B from Fulham in the summer of 2022, Olakigbe played a crucial role in their debut campaign, contributing to their win in the Premier League Cup at Gtech Community Stadium. Following an impressive first season, Olakigbe joined Thomas Frank's squad for the pre-season tour in the USA and has since become a regular inclusion in Premier League matchday squads. Notably, he is also a youth international for England, representing the men's Elite League squad in recent months, featuring in matches against Romania and Portugal in October of this year. Phil Giles, Brentford Director of Football, remarked, "Upon joining the club as a B-team player, Michael has showcased commendable development over the past 18 months. He has maintained regular training with the first team since pre-season, seizing opportunities on the Premier League pitch.” He said that Michael is not only a dedicated individual working earnestly to enhance his skills but also a genuinely good person. “I'm delighted that we've successfully extended his contract, providing both him and the club with the necessary time to nurture his potential and mold him into the best player he can become." Impressing at Brentford B and high expectations Michael Olakigbe has been highly regarded by Brentford since his transfer from Fulham in the summer of 2022, having initially been acquired by Fulham from Queens Park Rangers four years prior. At the age of 18, Olakigbe secured a notable four-year contract, with an additional club option year, amid reported interest from various clubs such as Brighton & Hove Albion, Aston Villa, Valencia, Newcastle United, and Club Brugge. His extended contract drew attention from supporters due to its duration, surpassing the typical short-term agreements offered to B team signings. It became evident early on that Olakigbe was a significant addition to Neil MacFarlane's squad. The England Under-20 winger, also eligible for representation at the international level by Nigeria through his parents, continued his development with Brentford B following an impressive 2021/22 season with Fulham's Under-18s, where he scored 11 goals and provided three assists in 22 league appearances. Throughout the campaign, Olakigbe featured prominently as MacFarlane's side encountered opponents of various levels, including academy, non-league, and senior teams. This exposure provided valuable experience, highlighting his abilities as a winger who comfortably hugs the touchline and fearlessly takes on opponents. FAQs: Q1: Where was Michael Olakigbe born? A1: Olakigbe was born to parents of Nigerian descent in England, United Kingdom. Q2: Who is Brentford CEO? A2: Jon Varney Disclaimer Statement: This content is authored by a 3rd party. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated, and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein. Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on brentford b michael olakigbe premier league fulham brentford director of football phil giles michael olakigbe deal (Catch all the US News , UK News , Canada News , International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Four signals from the OpenAI mess that the government, big tech, and you cannot ignore. Light at the end of the tunnel: Higher plant utilisation sending a current through power stocks How COP28 is set to facilitate syncing of corporate India’s green journey and business trajectory. Wings or Sting? Energy drinks market heats up as Red Bull, PepsiCo jostle to grab a cool share. 3 insights to kick-start your day, featuring Amazon’s India journey Stock Radar: IEX has given breakout from a descending triangle pattern; where is the stock headed? 1 2 3 View all Stories

776098

nan

Globalsecurity.org

John Pike

Philippines, Communist Rebels Say They Agree To Resume Peace Talks

The Philippine government and communist rebels said Tuesday they have agreed to resume peace talks to end one of the world's longest-running Maoist insurgencies.

https://www.globalsecurity.org/military/library/news/2023/11/mil-231128-voa05.htm

nan

2023-11-29 07:27:23

November 28, 2023 The Philippine government and communist rebels said Tuesday they have agreed to resume peace talks to end one of the world's longest-running Maoist insurgencies. The ongoing armed… [+3168 chars]

Netherlands

November 28, 2023 The Philippine government and communist rebels said Tuesday they have agreed to resume peace talks to end one of the world's longest-running Maoist insurgencies. The ongoing armed struggle, launched in 1969, grew out of the global communist movement, finding fertile soil in the Philippines' stark rich-poor divide. At its peak in the 1980s, the group boasted about 26,000 fighters, a number the military says has now dwindled to less than 2,000. Successive Philippine administrations have held peace talks with the communists through their Netherlands-based political arm, the National Democratic Front (NDF). This latest effort followed informal discussions in the Netherlands and Norway that began in 2022 and were facilitated by the Norwegian government, officials told reporters in Manila. "The parties agree to a principled and peaceful resolution of the armed conflict," said a joint statement issued by both sides that was signed in the Norwegian capital of Oslo on November 23. "The parties acknowledge the deep-rooted socioeconomic and political grievances and agree to come up with a framework that sets the priorities for the peace negotiation." Philippine military chief General Romeo Brawner said the resumption of talks was "very good news for us". "If this conflict will finally end, your Armed Forces of the Philippines will be able to shift our focus to external or territorial defence," Brawner said. But until there was a "final agreement", he said the military would "continue our operations against the New People's Army", the armed wing of the Philippines' communist party. The announcement comes almost a year after Jose Maria Sison, who launched the insurgency, died in self-imposed exile in the Netherlands. At the time, the Philippines' defence ministry said his death could finally lead to an end of violence in the country, calling Sison the "greatest stumbling block" to peace. The last time peace talks were held was during the administration of former president Rodrigo Duterte -- a self-declared socialist and a former student of Sison. But the talks devolved into threats and recrimination, with Duterte officially cutting them off in 2017, declaring the group a terrorist organization and accusing them of killing police and soldiers while negotiations were underway. Sison's widow, Julieta de Lima, told a press conference in Utrecht Tuesday that the NDF would appoint new members to its negotiating panel, which she heads. "The quest for genuine peace has no shortcuts," said de Lima. "It is very significant that the current president, who is the son of the late dictator Marcos, has acceded to the resumption of the peace negotiations, so I think that it would be to his own good that the armed conflict may be resolved during his term." The talks would begin next year but the exact date and venue were still being discussed, the NDF said. In recent years, the Philippine government has claimed that hundreds of communist rebels have surrendered in exchange for financial assistance and livelihood opportunities. Deadly clashes still take place in parts of the country, which is also plagued by kidnap-for-ransom groups and Islamist secessionist movements in the southern region.

776110

nan

GlobeNewswire

Philips International B.V.

Research from Philips and Vanderbilt shows how decarbonizing healthcare also helps to reduce cost

November 29, 2023 Amsterdam, the Netherlands and Chicago, USA – Royal Philips (NYSE: PHG, AEX: PHIA) a global leader in health technology, and...

https://www.globenewswire.com/news-release/2023/11/29/2787788/0/en/Research-from-Philips-and-Vanderbilt-shows-how-decarbonizing-healthcare-also-helps-to-reduce-cost.html

https://ml-eu.globenewswire.com/Resource/Download/e5826782-01bc-45e7-b448-9ca1eae0125e

2023-11-29 14:00:00

November 29, 2023 Amsterdam, the Netherlands and Chicago, USA Royal Philips (NYSE: PHG, AEX: PHIA) a global leader in health technology, and Vanderbilt University Medical Center (VUMC), home to to… [+7019 chars]

Netherlands

November 29, 2023 Amsterdam, the Netherlandsand Chicago, USA–Royal Philips(NYSE: PHG, AEX: PHIA) a global leader in health technology, and Vanderbilt University Medical Center (VUMC), home to top-ranked adult and pediatric hospitals in the Southeastern U.S., today announced initial results of a research collaboration to decarbonize the health system’s radiology department. The project, which was initiallyannouncedin May 2023, shows that sustainable initiatives can be both environmentally friendly and cost-effective. The assessment indicated that circular business models, such as upgrades, can reduce total cost of ownership of an MR system by up to 23% and carbon emissions by 17%, and for CT, refurbished systems and equipment upgrades can contribute to reducing costs of ownership by up to 10% and 8% respectively, and reducing carbon emissions by 6% and 4% respectively. Philips and Vanderbilt assessed 13 diagnostic imaging devices including MR, CT, ultrasound and X-ray, which account for an estimated 12,000 patient scans per month and found that, over a period of 10 years, they emit the CO₂ equivalent of approximately 1,000 gas cars driven for one year. In addition, the energy use of scanners accounted for more than half of the total emissions released from diagnostic radiology. Other generators of carbon emissions within the department included the use of medical disposables, PACS (picture archiving and communication system) and linen production and laundry. The assessment showed that both technology and healthcare practitioners play a significant role in reducing overall greenhouse gas emissions. For example, 44-75% of energy is consumed outside of patient scanning time, therefore the research emphasized the importance of working with staff to improve patient scan efficiency and industry partners to develop techniques to reduce carbon emissions between scans. Improving scanning efficiency with technology including those that are AI-enabled may conserve energy and reduce unnecessary scan repetition. “Human health is closely connected to the health of the environment, and we need to take care of both, which is why we feel a great sense of urgency to address our carbon emissions and develop a more sustainable and healthier path forward,” said Diana Carver, PhD, Assistant Professor of Radiology & Radiological Sciences, Vanderbilt University Medical Center. “Our collaboration is leveraging our team’s collective knowledge and expertise to reveal key learnings that will direct our efforts to cut emissions.” Along with implementing a set of prioritized interventions defined by Philips and VUMC that will support the carbon footprint reduction of the radiology department, the two organizations intend to share their findings in a scientific publication, with the objective of facilitating knowledge sharing and enabling further improvement of environmental strategies throughout the healthcare industry. “It is imperative that healthcare acts quickly, collectively, and globally to mitigate climate impact. This study challenges conventional thinking that sustainability increases costs when it, in fact, does just the opposite. Energy-efficient, circular, digital and cloud-based technologies can help address climate change and this research shows that individual behavioral changes can also play an important role in speeding up global efforts towards decarbonization,” said Jeff DiLullo, Chief Region Leader, Philips North America. “Our teams continue to work closely to define an approach and model that VUMC can leverage, anticipating results of this research will inspire others to take action.” During#RSNA23,Dr. Carver presented initial results of this research in the session “Exposing Sustainable Imaging Strategies: The Role of Practitioners in Reducing Carbon Footprint.”Today, Dr. Cassandra Thiel, a lead researcher on the project, will outline additional research insights in“Spinning Radiology Resources: Balancing environmental and economic considerations with circular business models”and“Shedding Light on Sustainability for Radiologists - A Comprehensive Life Cycle Assessment (LCA) of a Diagnostic Radiology Department.” Philips also hosted a virtual Symposium session –Sustainable Radiology: From Aspiration to Action– moderated by Jeff DiLullo, featuring leading industry experts including John Scheel, MD, Professor of Radiology & Radiology Sciences and Vice Chair of Global Health and Sustainability at Vanderbilt University Medical Center, who presented best practices to help improve care for patients and the planet. At RSNA, Philips is launching its new ‘care means the world’ brand campaign, highlighting that improving human health and environmental health go hand in hand. With sustainability embedded in everything the company does, Philips is leading the way in innovation to enable healthcare that is connected, inclusive, accessible and sustainable. VisitPhilips at RSNA 2023for more information. For further information, please contact: Avi DinesPhilips North AmericaTel: + 1 781 690 3814Email:avi.dines@philips.com Mark GrovesPhilips Global Press OfficeTel: +31 631 639 916Email:mark.groves@philips.com Vanderbilt Radiology Communications:Derek Scancarelli, MASenior Communications Specialistderek.scancarelli@vumc.org Jackson Hicks, MSAssociate Communications SpecialistJackson.hicks@vumc.org About Royal PhilipsRoyal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people's health and well-being through meaningful innovation. Philips’ patient- and people-centric innovation leverages advanced technology and deep clinical and consumer insights to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, ultrasound, image-guided therapy, monitoring and enterprise informatics, as well as in personal health. Philips generated 2022 sales of EUR 17.8 billion and employs approximately 70,700 employees with sales and services in more than 100 countries. News about Philips can be found atwww.philips.com/newscenter. About Vanderbilt University Medical CenterVanderbilt University Medical Center (VUMC) is the largest comprehensive research, teaching and patient care health system in the Mid-South region, with the highest ranked adult and children’s hospitals in the Southeast byU.S. News & World Report. Based in Nashville, Tennessee, VUMC sees more than 3.2 million patient visits per year in over 180 ambulatory locations, performs 91,000 surgical operations and discharges 79,000 inpatients from its main-campus adult, children’s, psychiatric and rehabilitation hospitals and three regional community hospitals. The Medical Center is the largest non-governmental employer of Middle Tennesseans, with nearly 40,000 staff, including more than 3,000 physicians, advanced practice nurses and scientists appointed to the Vanderbilt University faculty. For more information and the latest news follow VUMC onFacebook,LinkedIn,Twitterand in theVUMC Reporter. Attachments

776111

nan

GlobeNewswire

Van Lanschot Kempen NV

Daphne Engelke to be appointed as CEO of Van Lanschot Kempen Switzerland, succeeding Susan Leerkes

Amsterdam/’s-Hertogenbosch, the Netherlands, 29 November 2023 Van Lanschot Kempen today announced the appointment of Daphne Engelke as CEO of Van...

https://www.globenewswire.com/news-release/2023/11/29/2787551/0/en/Daphne-Engelke-to-be-appointed-as-CEO-of-Van-Lanschot-Kempen-Switzerland-succeeding-Susan-Leerkes.html

https://ml-eu.globenewswire.com/Resource/Download/553d0a8c-cd72-43d4-b6de-b554f3dd6ece

2023-11-29 10:00:00

Amsterdam/s-Hertogenbosch, the Netherlands, 29 November 2023 Van Lanschot Kempen today announced the appointment of Daphne Engelke as CEO of Van Lanschot Kempen Switzerland as of 1 July 2024. She wi… [+4282 chars]

Netherlands

Amsterdam/’s-Hertogenbosch, the Netherlands, 29 November 2023 Van Lanschot Kempen today announced the appointment of Daphne Engelke as CEO of Van Lanschot Kempen Switzerland as of 1 July 2024. She will succeed Susan Leerkes, who will become Regional Director West at Van Lanschot Kempen Private Banking in the Netherlands. Daphne Engelke joins Van Lanschot Kempen from UBS Wealth Management. Since 2005, she has built up a wide range of experience in senior management positions, leading both specialist and client-facing teams. Most recently, she was Lead Market Head for the Netherlands and responsible for the ultra-high net-worth (UNHW) segment in the Benelux region as a Managing Director. She is also a Senior Family Adviser, advising on family governance, family office set-up and next-generation development. Coming from a family business background herself, Daphne has extensive personal experience in this area. She and her family have lived in Switzerland for over 20 years. Susan Leerkes has a career in the Dutch financial services industry spanning more than 25 years. Prior to joining Van Lanschot Kempen Switzerland, she was Director of Private Banking for the Amsterdam, Hilversum and Laren offices from 2017 until 2022. Under her leadership, Van Lanschot Kempen Switzerland has achieved further growth in assets under management. As Regional Director West in the Netherlands, Susan will focus on enhancing commercial momentum and delivering an excellent experience for Van Lanschot Kempen’s clients together with the teams in this region. Richard Bruens, a member of Van Lanschot Kempen’s Management Board, said: “We’re appointing two strong leaders in key areas of our markets. Susan combines the ability to create a personal and relevant experience for our clients with a big heart for her team. This, coupled with the focus she’s inspired on alignment and cooperation with our teams in the Netherlands, puts our private bank in Switzerland in a strong place for further success. I’m convinced she’ll bring that same energy to her next role and I look forward to continuing our work together. “With her vast experience in the UHNW segment, Daphne will add a valuable perspective, providing a catalyst for growth. She’ll focus on expanding our service offering to entrepreneurs and family offices who are looking for diversification and want to be advised on all dimensions of wealth. And, with her people-centric leadership and entrepreneurial drive, Daphne will further enhance Van Lanschot Switzerland's standing as the employer of choice for international wealth managers in the Benelux region.” Daphne Engelke will join Van Lanschot Kempen as of 1 March 2024 and assume the CEO role from 1 July 2024. Her appointment is subject to regulatory approval. Susan Leerkes will start in her new role as of 1 September 2024, after settling in the Netherlands with her family. Founded in Zurich in 1995, Van Lanschot Kempen Switzerland has developed into the wealth manager of choice for many internationally focused Dutch and Belgian clients. It is currently the only Dutch bank in Switzerland, with offices in Zurich and Geneva. Media RelationsMaud van GaalT +31 20 354 45 85mediarelations@vanlanschotkempen.comInvestor RelationsTosca HoltlandT +31 20 354 45 90investorrelations@vanlanschotkempen.com About Van Lanschot Kempen NVVan Lanschot Kempen is an independent, specialist wealth manager active in private banking, investment management and investment banking, with the aim of preserving and creating wealth, in a sustainable way, for both its clients and the society of which it is part. Through our long-term focus, we create positive financial and nonfinancial value. Listed at Euronext Amsterdam, Van Lanschot Kempen is the Netherlands’ oldest independent financial services company, with a history dating back to 1737. For more information, please visit vanlanschotkempen.com Important legal information and cautionary note on forward-looking statementsThis press release does not constitute an offer or solicitation for the sale, purchase or acquisition in any other way or subscription to any financial instrument and is not a recommendation to perform or refrain from performing any action. This press release is a translation of the Dutch language original and is provided as a courtesy only. In the event of any disparities, the Dutch language version will prevail. No rights can be derived from any translation thereof Attachment

776182

nan

Globalsecurity.org

John Pike

Norway congratulates Philippines on start of peace negotiations

No description

https://www.globalsecurity.org/military/library/news/2023/11/mil-231128-govno01.htm

nan

2023-11-29 07:27:47

Government of Norway Press release | Date: 28/11/2023 'I would like to congratulate the government of the Philippines and the communist movement NDFP on their decision to start formal peace negotia… [+1869 chars]

Norway

Government of Norway Press release | Date: 28/11/2023 'I would like to congratulate the government of the Philippines and the communist movement NDFP on their decision to start formal peace negotiations. This is an important and timely step towards securing lasting peace in the Philippines,' said Minister of Foreign Affairs Espen Barth Eide. The Parties met in Oslo last week for discussions and the signing of a joint statement on a common vision for peace. The joint statement was signed at Oslo City Hall on Thursday 23 November, and the agreement was made public today. 'I was honoured to be present at the signing ceremony and to witness the commitment of both Parties to bring more than 50 years of conflict to an end,' said Mr Eide. In his remarks at the signing ceremony, the Foreign Minister of Norway emphasised the important role of dialogue and diplomacy in a turbulent world. Norway facilitated the confidential talks that led to the agreement to begin formal peace negotiations. 'Extensive work remains and we look forward to continuing to support the Parties in the process towards a final peace agreement,' said Mr Eide.

776191

nan

Globalsecurity.org

John Pike

Secretary Antony J. Blinken And Norwegian Foreign Minister Espen Barth Eide Before Their Meeting

No description

https://www.globalsecurity.org/military/library/news/2023/11/mil-231128-state05.htm

nan

2023-11-29 07:27:30

US Department of State RemarksAntony J. Blinken, Secretary of StateNATO HeadquartersBrussels, BelgiumNovember 28, 2023 SECRETARY BLINKEN: Well, good morning, everyone. Espen, it's great to be with … [+1957 chars]

Norway

US Department of State RemarksAntony J. Blinken, Secretary of StateNATO HeadquartersBrussels, BelgiumNovember 28, 2023 SECRETARY BLINKEN: Well, good morning, everyone. Espen, it's great to be with you. I am truly pleased for this opportunity to consult with one of our closest partners, closest Allies, a founding member of NATO, at a time of significant challenge but also incredible solidarity for our Alliance. I know that we'll be speaking together about our shared commitment to Ukraine as it continues to defend itself against Russian aggression. We have a crisis in the Middle East where Norway historically and currently plays a very, very important role, the Arctic Council where Norway is in the chair, and a variety of other issues as we track together toward the summit next year, the Washington summit, the 75th anniversary of our Alliance. So I couldn't be more pleased to have this opportunity and look forward to our conversation. FOREIGN MINISTER EIDE: Thank you, Antony. And Norway and the U.S. sees eye to eye on all these questions. We are in it for the long haul for Ukraine. It's strategic important for all of us, and particularly for us who are neighbors with Russia, that Ukraine prevails in this conflict and it comes out of that a sovereign, independent, democratic nation with a full opportunity to make its own choices, and that we need to be with them as long as it takes. We will be talking about the Middle East, as the Secretary mentioned. We've been working for many, many years - decades actually - on the Middle East peace process, and in the middle of this dark, horrible situation I think there is also a small glimmer of hope, which is that more people are reminded that there is only one lasting solution to be found, which is the two-state solution - one for the Israelis to live in peace, and one for the Palestinians to live in peace with each other and with its Israeli neighbors. And I look forward to working with Secretary Blinken on those issues. SECRETARY BLINKEN: Thank you. Thanks, everyone.

776266

cnn

CNN

Jessie Yeung

US Osprey aircraft crashes off coast of Japan with eight on board | CNN

At least one person was killed Wednesday after a US military Osprey aircraft crashed off the coast of Japan’s Yakushima Island in southern Kagoshima prefecture, according to a spokesperson from the Japan Coast Guard.

https://www.cnn.com/2023/11/29/asia/us-osprey-aircraft-crashes-japan-intl-hnk/index.html

2023-11-29 07:32:04

At least one person was killed Wednesday after a US military Osprey aircraft crashed off the coast of Japans Yakushima Island in southern Kagoshima prefecture, according to a spokesperson from the Ja… [+1782 chars]

Norway

Search and rescue operations are underway after a US special operations aircraft crashed off the shore of Japan’s Yakushima Island on Wednesday. The aircraft, an Air Force CV-22B Osprey assigned to the 353rd Special Operations Wing, was carrying eight airmen when it experienced an “aircraft mishap” during a “routine training mission,” according to Air Force Special Operations Command. A spokesperson for the Japanese Coast Guard told CNN at least one person was killed in the crash, though US officials have not confirmed that information. The status of the crew is unknown. A US military official told CNN Wednesday morning that family notifications of the crash were ongoing. “Emergency personnel are on scene conducting search and rescue operations,” Air Force Special Operations Command said in a release. “The cause of the mishap is currently unknown.” The Japanese Coast Guard was notified of the crash at roughly 2:47 p.m. local time, the spokesperson said. Since the crash, the government ofJapan’s Okinawa Prefecture has requested to ground all Ospreys on the island chain, though the US military official said no stand-down has been ordered thus far. “Given the concerns over the danger of Ospreys, as such unexpected incident became a reality, the only thing I can say is I regret it very much,” Okinawa Gov. Denny Tamaki said at a news conference. The aircraft can conduct long-range infiltration, exfiltration and resupply missions for special operations forces. It can conduct missions that would require both rotary-wing and fixed-wing aircraft. The Osprey has a history of mechanical and operational issues that have resulted in service member fatalitiesdating back to 1992. Wednesday’s crash comes just months afterthree US Marines were killedwhile flying in a MV-22B Osprey during a military exercise in Australia. But statistically, the V-22’s mishap rate is lower than other aircraft. Marine aviation spokesman Maj. Jorge Hernandeztold Marine Corps Timesin 2022 that the Marine variant of the aircraft, the MV-22, had a mishap rate of 3.16 per 100,000 flight hours. Wednesday’s incident also comes roughly two weeks afterfive Army special operations aviatorswere killed in a training flight crash in the eastern Mediterranean Sea. This story has been updated with additional details.

776268

cnn

CNN

Alexandra Banner

5 things to know for Nov. 29: Israel, Presidential race, Gas prices, Fruit recall, France smoking ban | CNN

5 things to know for Nov. 29: Israel, Presidential race, Gas prices, Fruit recall, France smoking ban | CNNcnn.com

https://www.cnn.com/2023/11/29/us/5-things-to-know-for-nov-29-israel-presidential-race-gas-prices-fruit-recall-france-smoking-ban/index.html

2023-11-29 12:48:39

Cold weather is stretching across the US while parts of the East are getting walloped by lake-effect snow. This occurs when cold air blows over warmer lake water, picking up more moisture and often d… [+5693 chars]

Norway

Cold weather is stretching across the US while parts of the East are getting walloped bylake-effect snow. This occurs when cold air blows over warmer lake water, picking up more moisture and often dumping large amounts of snow in a short period of time. Here’s what else you need to know toGet Up to Speed and On with Your Day. • If your day doesn’t start until you’re up to speed on the latest headlines, then let us introduce you to your new favorite morning fix.Sign up here for the ‘5 Things’ newsletter. A sixth set of hostages is expected to be freed by Hamas today as diplomatic efforts are underway to maintain the pause in fighting. Over the first five days of thetruce in Gaza, Hamas has released 81 hostages, primarily women and children. In exchange, Israel has freed 180 Palestinians from prison — many of whom were detained but never charged. The White House said it remains hopeful that some Americans may be released today after previously saying two women were expected to be freed as part of the deal announced last week. So far, a 4-year-oldAmerican-Israeli citizenis the only American hostage to be released since the truce began, to the deep disappointment of US officials. The influential Koch network is throwing its money behind former South Carolina Gov. Nikki Haley in the Republican presidential primary,the group announced Tuesday. The decision could dramatically reshape the Republican field — roughly seven weeks before the Iowa caucuses — as Americans for Prosperity Action deploys its vast resources and standing army of conservative activists on behalf of the former US ambassador to the United Nations. The endorsement marks the latest sign that powerful Republican donors arecoalescing behind Haleyand bypassing former President Donald Trump. Still, Trump remains the Republican party’s front-runner in both national andearly state polling, with Haley and Florida Gov. Ron DeSantis each jockeying to emerge as the main Trump alternative. Gas prices in the US have dropped formore than 60 days in a rowand more relief at the pumps could be on the way. The average price for a gallon of regular gas stands at $3.25 a gallon,according to AAA. That’s down 5 cents from a week ago and 63 cents since September. Analysts also say that figure is inflated by high-cost gas states like Hawaii, Washington and California (though even California prices have dropped by 43 cents over the past month to $4.88 a gallon). It’s normal for gas prices to cool off once the summer driving season ends, but the magnitude of the current drop is significant because it comes in the face of a series of international conflicts that wereexpected to disrupt supply. Several large retailers in the US — including Publix, Walmart and Aldi —received recalled fruit, the FDA warned Tuesday. The batches of non-organic peaches, plums and nectarines have been linked with a Listeria outbreak that caused at least 11 illnesses in seven states, with 10 hospitalizations and one death, health officials said. The FDA notes that the fruit also went to companies that may have frozen or relabeled it. Anyone who has frozen peaches, plums or nectarines should throw them away if the products are or may bepart of the recall. The FDA and the CDC are also investigating an ongoing salmonella outbreak linked withrecalled cantaloupe productsthat’s caused at least 99 illnesses and two deaths in 32 states. France will ban smoking on beaches and public parks with an aim to create a “tobacco-free generation by 2032,” the country’s health minister Aurélien Rousseau said Tuesday. Smoking in forests and some other public spaces, including close to schools, will also bebanned in the country. The minister did not give an exact timeline but hinted that people could face fines as early as next year. “The fun, leisure aspect of smoking has to go,” Rousseau said, adding that “200 preventable tobacco-related deaths per day… is a number we should not get used to.” The move comes after France announced in September it would ban disposable e-cigarettes. Anderson Cooper debuts season 2 of All There Is podcastAnderson Cooper is learning to grieve. In season two ofCNN’s All There Is podcast, Cooper continues his deeply personal journey to face the losses in his life and how to live with them. Uber announces partnership with London’s iconic black cab taxisIt’s been a bumpy road for Uber to reach an agreement with London’s black cab taxis.Learn about the servicerolling out in the city next year. National Christmas tree topples in gusty DC windsThe 40-foot Norway sprucefell over Tuesdayas DC saw high winds. Mark Cuban is leaving ‘Shark Tank’Cuban plans topart ways with “Shark Tank”after investing in hundreds of companies on the entrepreneur series. Margot Robbie and Greta Gerwig address ‘Barbie’ sequel buzzOscar-nominated director Greta Gerwig isn’t completely ruling out a“Barbie” sequelbut admitted she’s “tapped out” at the moment. Billionaire investorCharlie Munger, the long-time friend and business partner of Warren Buffett, has died.He was 99 years old. The vice chairman of Berkshire Hathaway passed away “peacefully” on Tuesday morning in a California hospital, according to a news release from the investment firm. $12 billionThat’s around how much consumers spent onCyber Monday salesthis year, a more than 9% increase from 2022, according to Adobe Analytics. “I’ve heard you loud and clear.” — Kansas Gov. Laura Kelly, announcing the state is revising its planned 2024 license plate design following hundreds of complaints. One major criticism isthe color scheme, with many saying it resembled those of other states and the University of Missouri — a rival of the University of Kansas. Check your local forecast here>>> Adorable baby giraffe attempts to drink waterWatch this baby giraffetry to drink water with legs too spindly to stand on.

776272

nan

Deadline

tomt

James Cameron Says ‘Avatar 3’ Will Be Released Christmas 2025; “Hectic” Two Year Post-Production Process Under Way

James Cameron says he will spend more time in post on Avatar 3 than most directors spend on an entire film. Speaking at a recent breakfast for public broadcaster TV New Zealand, the Oscar-winning Wellington resident said said of the sequel, “We’re into a very…

https://deadline.com/2023/11/james-cameron-avatar-3-released-christmas-2025-1235642063/

2023-11-29 01:50:21

James Cameron says he will spend more time in post on Avatar 3 than most directors spend on an entire film. Speaking at a recent breakfast for public broadcaster TV New Zealand, the Oscar-winning W… [+1227 chars]

New Zealand

James Cameronsays he will spend more time in post onAvatar 3than most directors spend on an entire film. Speaking at a recent breakfast for public broadcaster TV New Zealand, the Oscar-winning Wellington resident said said of the sequel, “We’re into a very hectic two years of post production right now, so it’ll be Christmas of ’25.” Cameron, who has done post for years at Peter Jackson’s Wellington-based WETA Digital, says he wants to make all his films in New Zealand going forward and expects to become a citizen of the southern isles next year. The hefty tax breaks don’t hurt, either.Related StoriesNews'Napoleon' Director Ridley Scott On Making The Epic His Hero Stanley Kubrick Could Not; Reminisces On 'Alien', 'Blade Runner', 'Gladiator' And When He'll Finish That SequelNewsBeyond Fest Sets 2023 Lineup: Genre Fest Features Roger Corman Tribute, 'It's A Wonderful Knife' Premiere, 'The Abyss' Screening, Guillermo del Toro, Brad Bird & More Writer-director Cameron toldEntertainment Weeklyin late 2022 that he shot scenes from a proposedAvatar 3andAvatar 4concurrently with the first sequel, which grossed over $2 billion. He did so to avoid having the younger cast members age-out, bringing up Netflix’sStranger Thingsas an example of the problem of time marching on. It also turned out to be prudent given this year’s SAG-AFTRA strike. While attending the Critics Choice Awards earlier this year, Cameron dropped some nuggets about what fans could expect fromAvatar 3revealing the element of fire and two new cultures would be introduced. “Fire has a symbolic purpose in the film and there’s a culture that is specifically around that concept. That’s probably saying too much as we speak,” he told Deadline. You can watch more of the conversation below.

776330

the-times-of-india

The Times of India

Reuters

Dollar slides on Fed cut bets; kiwi jumps after RBNZ strikes hawkish tone

"Whilst the RBNZ were expected to hold, their statement struck a hawkish tone by stating that inflation remains too high," said Matt Simpson, senior market analyst at City Index.

https://economictimes.indiatimes.com/markets/forex/dollar-slides-on-fed-cut-bets-kiwi-jumps-after-rbnz-strikes-hawkish-tone/articleshow/105576440.cms

2023-11-29 02:15:33

The dollar slid across the board to hit a more than three-month low against its major peers on Wednesday, while the New Zealand dollar surged after its central bank suggested that more rate hikes cou… [+2285 chars]

New Zealand

Agencies The dollar slid across the board to hit a more than three-month low against its major peers on Wednesday, while the New Zealand dollar surged after its central bank suggested that more rate hikes could be in the offing. The kiwi jumped more than 1% to hit a four-month peak of $0.6203 after the Reserve Bank of New Zealand (RBNZ) kept interest rates steady, as expected, but revised its official cash rate (OCR) track higher for 2024 and 2025, pointing to further tightening ahead. "Whilst the RBNZ were expected to hold, their statement struck a hawkish tone by stating that inflation remains too high," said Matt Simpson, senior market analyst at City Index. The Australian dollar similarly scaled a four-month top of $0.6670, unfazed by domestic data showing inflation eased by more than expected in October as goods prices fell, while core inflation also edged down. The Antipodean currencies got a lift from a falling greenback, which tumbled to an over three-month low against a basket of currencies as bets grow that the U.S. Federal Reserve could begin cutting rates early next year. Fed Governor Christopher Waller - a known hawkish and influential voice at the central bank - on Tuesday flagged a possible rate cut in the months ahead, feeding market expectations that U.S. rates have peaked. The dollar tumbled more than 0.5% to 146.675 yen, its weakest level in more than two months, and pushed the euro back above $1.10 to an over three-month high of $1.1017. "He's relatively hawkish, historically speaking, so if his attitude is turning a little bit more dovish, it sort of says that perhaps a general consensus of the board members is that rates have peaked and maybe could even be cut next year," said Kyle Rodda, senior financial market analyst at Capital.com. Market pricing currently shows a 40% chance the Fed could begin easing monetary policy as early as next March, as compared to a roughly 22% chance a day ago, according to the CME FedWatch tool. Sterling similarly scaled a three-month top of $1.2733, while the dollar index bottomed at 102.46. The index was eyeing a nearly 4% loss for November, its worst monthly performance in a year. "We have become less constructive on the prospects for the U.S. dollar, as progress in reducing U.S. inflation suggests the risks are tilted toward earlier rather than later Fed easing," said economists at Wells Fargo in a note. "Despite U.S. economic resilience, this should lessen the greenback's near-term gains." Connect with Experts - Wealth creation made easy Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on interest rates central bank dollar slide rate hikes Bank (What's moving Sensex and Nifty Track latest market news , stock tips and expert advice on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Download The Economic Times News App to get Daily Market Updates & Live Business News. Read Economic Times Epaper . Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price ... more less Pick the best stocks for yourself Powered by Weekly Top Picks: Eight stocks with consistent score improvement and upside potential of up to 40% 9 mins read 4 stocks with 5 % to 8.87% dividend yields and continuous dividend payments for 7 years 7 mins read Weekly Top Picks: Seven large & mid caps with consistent score improvement and upside potential of up to 42% 9 mins read What do Q2 LIC results indicate for other Insurance companies? Two Life and 3 non-life Insurance players with “buy” and “strong buy” ratings 3 mins read Large cap stocks with upside potential of more than 25% 4 mins read 5 stocks for a high dividend yielding portfolio 8 mins read Eight midcap stocks, 2 with“ Strong Buy” and 6 with “Buy” recommendations with potential upside of up to 35% 7 mins read Six high ROE and low PEG ratio stocks, right combination for wealth creation 8 mins read View More Stories Subscribe to ETPrime

776368

nan

ETF Daily News

MarketBeat News

BRP (NASDAQ:DOOO) Stock Price Down 4.1%

BRP Inc. (NASDAQ:DOOO – Get Free Report)’s share price dropped 4.1% during trading on Monday . The stock traded as low as $69.31 and last traded at $69.37. Approximately 41,203 shares changed hands during mid-day trading, a decline of 30% from the average dai…

https://www.etfdailynews.com/2023/11/29/brp-nasdaqdooo-stock-price-down-4-1-2/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/brp-inc-logo.jpg&w=240&h=240&zc=2

2023-11-29 13:56:41

BRP Inc. (NASDAQ:DOOO – Get Free Report)’s share price dropped 4.1% during trading on Monday . The stock traded as low as $69.31 and last traded at $69.37. Approximately 41,203 shares changed hands d… [+4182 chars]

New Zealand

BRP Inc. (NASDAQ:DOOO–Get Free Report)’s share price dropped 4.1% during trading on Monday . The stock traded as low as $69.31 and last traded at $69.37. Approximately 41,203 shares changed hands during mid-day trading, a decline of 30% from the average daily volume of 58,934 shares. The stock had previously closed at $72.32. DOOO has been the topic of several recent analyst reports. BMO Capital Markets decreased their price target on BRP from C$154.00 to C$150.00 in a research note on Friday, September 8th. Royal Bank of Canada boosted their price objective on BRP from C$141.00 to C$147.00 in a report on Monday, September 11th. CIBC boosted their price objective on BRP from C$137.00 to C$138.00 in a report on Friday, September 8th. Scotiabank boosted their price objective on BRP from C$142.00 to C$145.00 in a report on Friday, September 8th. Finally, Citigroup upgraded BRP from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $81.00 to $94.00 in a report on Tuesday, September 12th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, BRP presently has a consensus rating of “Moderate Buy” and a consensus target price of $135.27. View Our Latest Analysis on BRP Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverThe company has a fifty day simple moving average of $72.80 and a two-hundred day simple moving average of $77.39. The company has a current ratio of 1.40, a quick ratio of 0.46 and a debt-to-equity ratio of 3.42. The company has a market cap of $5.37 billion, a PE ratio of 7.53 and a beta of 2.28. BRP (NASDAQ:DOOO–Get Free Report) last issued its quarterly earnings results on Thursday, September 7th. The company reported $2.41 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.26. BRP had a return on equity of 200.41% and a net margin of 9.09%. The company had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2 billion. Analysts anticipate that BRP Inc. will post 9.11 EPS for the current year. The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 13th. Stockholders of record on Friday, September 29th were given a dividend of $0.133 per share. The ex-dividend date was Thursday, September 28th. This represents a $0.53 annualized dividend and a dividend yield of 0.76%. BRP’s dividend payout ratio is currently 5.70%. Institutional investors and hedge funds have recently made changes to their positions in the business. Clearstead Advisors LLC acquired a new position in shares of BRP during the 1st quarter worth about $37,000. Group One Trading L.P. acquired a new position in shares of BRP during the 1st quarter worth about $52,000. State of Wyoming boosted its position in shares of BRP by 126.5% during the 4th quarter. State of Wyoming now owns 845 shares of the company’s stock worth $65,000 after acquiring an additional 472 shares in the last quarter. Power Corp of Canada acquired a new position in shares of BRP during the 1st quarter worth about $69,000. Finally, Barclays PLC boosted its position in shares of BRP by 232.5% during the 3rd quarter. Barclays PLC now owns 971 shares of the company’s stock worth $73,000 after acquiring an additional 679 shares in the last quarter. 26.68% of the stock is owned by institutional investors and hedge funds. (Get Free Report) BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and marine products in North America, Europe, Australia, New Zealand, and Latin America. The company operates through two segments, Powersports and Marine. The Powersports segment offers year-round products, such as Can-Am ATVs, SSVs, and 3WVs; seasonal products, including Ski-Doo and Lynx snowmobiles, Sea-Doo PWCs and pontoons, and Rotax engines for karts and recreational aircraft.

776417

the-times-of-india

The Times of India

Reuters

Philippines' SEC to block access to world's largest crypto exchange Binance

The SEC said the operator of Binance was not a registered corporation in the Philippines, and was operating without the necessary licence and authority to sell or offer any form of securities.

https://economictimes.indiatimes.com/tech/technology/philippines-sec-to-block-access-to-worlds-largest-crypto-exchange-binance/articleshow/105591078.cms

2023-11-29 09:42:08

Virtual Influencers Now Making Real Money? AI, AI, Sir!As social media influencers, Kyra and Naina have hit the big time. Only thing is, theyre not actually real not entirely anyway. Titan, Realme, M… [+199 chars]

Philippines

Agencies The Philippines ' Securities and Exchange Commission has begun the process of blocking access to the world's largest crypto exchange Binance , whose chief last week stepped down and pleaded guilty to breaking U.S. anti-money laundering laws. The SEC said the operator of Binance was not a registered corporation in the Philippines, and was operating without the necessary licence and authority to sell or offer any form of securities. Elevate Your Tech Prowess with High-Value Skill Courses Offering College Course Website Indian School of Business ISB Digital Transformation Visit IIT Delhi IITD Certificate Programme in Data Science & Machine Learning Visit IIM Kozhikode IIMK Advanced Data Science For Managers Visit The removal of access in the Philippines, the SEC said in a statement, will take effect within three months of the issuance of its advisory on Nov. 28 to give Filipino users time to pull out investments from the crypto exchange. It has asked Alphabet's Google and Facebook parent Meta to ban online advertisements from Binance in the Philippines, and warned those selling via or convincing people to invest in the platform they may be held criminally liable. Former Binance chief Changpeng Zhao stepped down as CEO last week after pleading guilty to wilfully causing the exchange to fail to maintain an effective anti-money laundering program. Reuters sought comment from Binance through email, but received an automated response. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on binance philippines Changpeng Zhao sec crypto Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Four signals from the OpenAI mess that the government, big tech, and you cannot ignore. Light at the end of the tunnel: Higher plant utilisation sending a current through power stocks How COP28 is set to facilitate syncing of corporate India’s green journey and business trajectory. Wings or Sting? Energy drinks market heats up as Red Bull, PepsiCo jostle to grab a cool share. 3 insights to kick-start your day, featuring Amazon’s India journey Stock Radar: IEX has given breakout from a descending triangle pattern; where is the stock headed? 1 2 3 View all Stories

777357

rt

RT

RT

Russia seizes the initiative: Has the Ukraine conflict entered its endgame?

Ukraine's attempt to achieve at least an image victory turned into a complete failure - what next? Read Full Article at RT.com

https://www.rt.com/russia/588055-ukraines-attempt-achieve-image-victory/

2023-11-29 10:06:44

Six months after the start of Ukraine’s counteroffensive near Artemovsk [which Kiev calls Bakhmut], the operation completely collapsed and Russian troops were able to seize the initiative. Launching … [+9329 chars]

Ukraine

Sixmonthsafter the start of Ukraine’s counteroffensive near Artemovsk [which Kiev calls Bakhmut], the operation completely collapsed and Russian troops were able to seize the initiative. Launching a series of attacks, Moscow's forces recovered some of the positions they had lost to the northwest of the city in the area of the Berkhovsky reservoir, and again took control over the line along the Artemovsk-Gorlovka railway on the southern flank. Meanwhile, the Ukrainian plan, which implied an offensive in at least three operational directions – towards Melitopol, Berdyansk and Artemovsk – failed. Instead of focusing on one task at a time, as Western experts had recommended, Kiev dispersed its forces and did not succeed in any of its goals. Now, the Armed Forces of Ukraine (AFU) has been forced to switch from offensive to defensive tactics. Ukraine’s initially ambitious plan to launch an offensive on Artemovsk implied taking action in at least four areas: from Chasov Yar towards Kleshcheyevka and further along the southern flank of Artemovsk; from Chasov Yar to the northern outskirts of Artemovsk, south of the Berkhovsky reservoir; from Slavyansk in the direction of Artemovsk and Soledar; and from Seversk towards Soledar. However, this plan did not succeed because of the lack of numbers and the timely transfer of Russian units, which replaced PMC Wagner fighters involved in the final battles for Artemovsk. Attacks from the directions of Slavyansk and Seversk failed, while the assault on the city’s northern flank was only partially successful –  the Ukrainian army advanced several kilometers and exhausted its offensive potential. The AFU managed to actively gain ground only in the south, in the direction of Russia’s defenses, constructed along the Kleshcheyevka-Andreevka-Kurdyumovka line. The Ukrainians were able to take control over the first two villages only by mid-September, five months into their counteroffensive in this area. Kurdyumovka, however, is still controlled by the Russian army. In the following days, the AFU continued its eastward offensive, managing to advance past the rail line in some sections. Apparently, the next goal of the Ukrainian army was to expand the staging area on the eastern bank of the Seversky Donets–Donbass canal in order to reach the southern outskirts of Artemovsk and the northern outskirts of Gorlovka. At just about that time, in October 2023, rumors about an impending assault on the latter began to circulate in the media. In order to counteract this plan, the Russian army launched a series of counterattacks near the Berkhovsky reservoir. In theiranalysisof the summer campaign (dated September 25), Ukrainian military analysts from the military portal DeepState stated the following: “Things aren’t that good on the northern front, where there was initial success. But the strategic mistake of going to Berkhovka, exposed to enemy fire in the lowlands, cost us dearly. Now, the enemy has seized the initiative there.” Based on information provided by its sources at the front, in October and November DeepState reported that the Ukrainian army had retreated from its positions. By November 24, the Russians had practically returned to their starting points, once again threatening to take control over the villages of Bogdanovka and Khromove. Ukrainian forces in this area – primarily consisting of the Third and Fifth Assault Brigades (which largely exhausted their strength during the course of previous assaults), the 80th Airborne Assault Brigade, the Lyut Assault Brigade and their colleagues from the 22nd, 28th, 92nd and the barely-recovered 93rd Mechanized Brigades – were not able to hold back the Russian troops, especially after active battles around Avdeevka, which required the concentration of Ukrainian artillery in that area. As a result, Russian troops were able to reverse the situation in their favor, including in the area where the Ukrainians continued to slowly advance. On October 30, Commander-in-Chief of the Ukrainian ground forces, Alexander Syrsky,reportedthat Russian forces were strengthening their presence in the Artemovsk area and transitioning from defensive to offensive tactics. On November18,19, and24, the Ukrainians admitted that Russian troops had advanced near Kleshcheyevka, and on November22, they reported that their enemies had moved closer to Andreevka, which was left in ruins during previous battles. According to visual confirmation byopen-source intelligence(OSINT) communities, Russian troops were able to almost completely restore their defensive line along the Artemovsk-Gorlovka railway and cross it in a number of places. The fiercest fighting is now taking place in the heights which dominate the area to the northwest of Kleshcheyevka. If they are forced to retreat, Kiev's troops will have to withdraw to their original positions so as not to remain in the lowlands exposed to enemy fire – a problem similar to the one they faced on the northern flank. Why did the Ukrainians decide to disperse their forces and advance in three operational directions during the summer campaign? Several Russian experts stated that Kiev’s strategy was to win the battle of reserves –and to this end, its army attempted to create several hotbeds of tension that were supposed to swallow up Russian manpower. In case of success, the AFU would have been able to overcome the deadlock of positional warfare and deliver a crushing blow in one of the directions. In reality, however, the Ukrainians were not able to beat the Russian army, which was strong enough to carry out both a localized offensive on the border between the Lugansk People’s Republic and Kharkov region this summer, and the offensive on Avdeevka in October.  On top of that, Russian troops continued to hold their defensive lines in Kherson and Zaporozhye regions, as well as near Artemovsk. So why did the Ukrainians refuse to concentrate their forces in one area, as Western experts advised them to do? One possible explanation for this was the reputational and media significance of the “Bakhmut Fortress,”which the Ukrainian political and military leadership fell victim to. The ‘heroic’ defense of one position, which gradually lost its strategic and operational importance, endowed Artemovsk with ideological and reputational significance. In an attempt to recapture this city, Ukrainians pulled their reserves and most motivated units into battle. Or perhaps, the situation was even worse. After the summer defeat, they needed to distract the public from negative news. The best way to do so would have been to break through the front line separating Ukraine and the Donbass republics which had existed from 2015 to February 24, 2022. In case of success, Zelensky would have had the chance to proclaim the return of“Ukrainian”land lost by his predecessors. One of the areas where this plan was theoretically possible to carry out was Gorlovka –  a large industrial city located south of Artemovsk, where about 300,000 people lived before the war. Gorlovka has been under the control of the Donetsk People’s Republic (DPR) since the latter declared independence in 2014. Some of the fiercest battles in Donbass were fought there. After Time magazinepublishedan article about the conflict between Kiev’s political and military leadership around plans to storm the city (the military command refused the idea), Ukrainian expert Bogdan Miroshnikovcommentedon November 16:“In order to liberate it, it is necessary to conduct a strategic offensive operation and involve at least 150,000-200,000 troops along with thousands of units of equipment. Some may say that we are [positioned] near Gorlovka. Yes, we are. But that direction is surrounded by numerous spoil tips. This means a frontal assault is necessary. But no one would do that.” However, on November 17,footageappeared of Ukrainian stormtroopers atop one of the spoil tips  – which used to be in the gray zone, but formally under Russian control. After that, battles in this area intensified. The Ukrainian media, however, refused to comment,claimingthat“the situation is being clarified.” Considering the landscape with the spoil tips, a potential offensive on Gorlovka could not be carried out using several brigades. In order to start an offensive in this direction, the AFU would have needed to recover its positions to the north of the city, in the area of the southern flank of Artemovsk. Whether this was the plan of the Ukrainian leadership all along or an improvised change in operational tactics remains unknown. In any case, the initiative in this direction has currently been seized by Russian troops, who will attempt to recover their positions and set up defenses along the Seversky Donets–Donbass canal. This would secure the area around Artemovsk and deprive the Ukrainian army of its staging area. In order to do so, however, the Russians will need to occupy Ukrainian strongpoints near the village of Ivanovskoye, which PMC Wagner units could not seize during their attempt to encircle Artemovsk. At the time, however, it was a critically important zone for both sides, and both the Russian and Ukrainian armies concentrated their firepower there. Now, the priorities have shifted and Artemovsk – despite continuing to be the site of daily battles –  is considered a direction of secondary importance.

777539

nan

Globalsecurity.org

John Pike

Joint Statement by the Foreign Ministers of Latvia, Estonia and Lithuania

For the past two years we have witnessed how one OSCE participating state has actively and brutally tried to annihilate another.

https://www.globalsecurity.org/military/library/news/2023/11/mil-231128-latvia-mfa02.htm

nan

2023-11-29 07:27:30

Republic of Latvia - Ministry of Foreign Affairs 28.11.2023 For the past two years we have witnessed how one OSCE participating state has actively and brutally tried to annihilate another. Let us b… [+2361 chars]

Ukraine

Republic of Latvia - Ministry of Foreign Affairs 28.11.2023 For the past two years we have witnessed how one OSCE participating state has actively and brutally tried to annihilate another. Let us be very clear: Russia's war of aggression and atrocities against its sovereign and peaceful neighbor Ukraine blatantly violate international law, including the UN Charter, and constitute an attack on the OSCE and its underlying principles. We have also seen nothing but Russia's obstructive behavior within the OSCE itself - first, by blocking any OSCE presence and activities in Ukraine, then by blocking Estonia's 2024 chairmanship on completely fabricated reasons and now by blocking constructive solutions for keeping the organization alive and functional. We deeply regret the decision enabling the personal participation of Russian Foreign Minister S. Lavrov at the 30th Session of the OSCE Ministerial Council in Skopje. It will only provide Russia with yet another propaganda opportunity. S. Lavrov's attendance at the OSCE Ministerial also risks legitimizing aggressor Russia as a rightful member of our community of free nations, trivializing the atrocious crimes Russia has been committing, and putting up with Russia's blatant violation and contempt of the OSCE fundamental principles and commitments. We, the Ministers of Latvia, Estonia and Lithuania, will not be part of this and will not share responsibility for consequences it will create. What we need today is an immediate unconditional halt to Russia's aggression, withdrawal of its troops from all occupied territories, compensation of damage caused, and full accountability for perpetrators of international crimes. None of this is in place. Nor do we see signs that Russia is even remotely considering compliance with its international obligations and OSCE commitments. The OSCE was originally designed to build European security, to prevent conflicts and to preserve peace. And Russia has, through its unlawful and atrocious actions, proved time and again that it is not a security partner to Europe. In fact, today Europe needs security from and against Russia, rather than together with it. That is why we, the Foreign Ministers of the Baltic States, decided not to attend the OSCE Ministerial Council in Skopje. We remain ready to work with partners and participating States in upholding the OSCE principles, and against Russia's aggression and the ideology behind it.

776934

nan

GlobeNewswire

OKX

Flash News: OKX Wallet Now Integrated with Equation, a Decentralized Perpetual Contract Built on Arbitrum

SINGAPORE, Nov. 29, 2023 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company, has issued updates for November 29, 2023. OKX Wallet Now...

https://www.globenewswire.com/news-release/2023/11/29/2787765/0/en/Flash-News-OKX-Wallet-Now-Integrated-with-Equation-a-Decentralized-Perpetual-Contract-Built-on-Arbitrum.html

https://ml.globenewswire.com/Resource/Download/7d46492f-0db0-46e3-a7a5-a57cc0fb4256

2023-11-29 13:31:00

SINGAPORE, Nov. 29, 2023 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, has issued updates for November 29, 2023. OKX Wallet Now Integrated with Equation OKX today announced that it … [+2491 chars]

Singapore

SINGAPORE, Nov. 29, 2023 (GLOBE NEWSWIRE) --OKX, a leading Web3 technology company, has issued updates for November 29, 2023. OKX Wallet Now Integrated with EquationOKX today announced that it is now integrated with Equation, a decentralized perpetual contract built on Arbitrum. With its innovative BRMM model, Equation provides both traders and Liquidity Providers (LPs) with up to 200x leverage, enabling traders to establish larger and unrestricted positions while enhancing capital efficiency for LPs.To access Equation via web extension, users simply need to: 1. Download the OKX Wallet web extension (available as a Chrome and Firefox browser add-on) 2. Create a new OKX Wallet or add an existing one 3. Connect their OKX Wallet to Equation via web extension For more information, please visit theOKX Support Center. For further information, please contact:Media@okx.com About OKX A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including: •OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet’s account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction. •DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported. •NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur. •Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains. OKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo. As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology. To learn more about OKX, download our app or visit:okx.com Disclaimer

776936

nan

ETF Daily News

MarketBeat News

Dymon Asia Capital Singapore PTE. LTD. Makes New $861,000 Investment in Alphabet Inc. (NASDAQ:GOOGL)

Dymon Asia Capital Singapore PTE. LTD. acquired a new stake in Alphabet Inc. (NASDAQ:GOOGL – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,192 shares of the …

https://www.etfdailynews.com/2023/11/29/dymon-asia-capital-singapore-pte-ltd-makes-new-861000-investment-in-alphabet-inc-nasdaqgoogl/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/google-inc-logo.png&w=240&h=240&zc=2

2023-11-29 13:58:42

Dymon Asia Capital Singapore PTE. LTD. acquired a new stake in Alphabet Inc. (NASDAQ:GOOGL – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Excha… [+6464 chars]

Singapore

Dymon Asia Capital Singapore PTE. LTD. acquired a new stake in Alphabet Inc. (NASDAQ:GOOGL–Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,192 shares of the information services provider’s stock, valued at approximately $861,000. Alphabet makes up 0.2% of Dymon Asia Capital Singapore PTE. LTD.’s portfolio, making the stock its 16th largest position. Several other large investors have also made changes to their positions in GOOGL. Vanguard Group Inc. lifted its stake in Alphabet by 1,919.4% in the 3rd quarter. Vanguard Group Inc. now owns 477,035,902 shares of the information services provider’s stock worth $45,628,484,000 after purchasing an additional 453,413,389 shares in the last quarter. State Street Corp increased its holdings in shares of Alphabet by 1,900.6% in the third quarter. State Street Corp now owns 217,154,306 shares of the information services provider’s stock worth $20,770,809,000 after purchasing an additional 206,300,042 shares during the last quarter. Moneta Group Investment Advisors LLC lifted its position in shares of Alphabet by 111,197.8% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 170,420,243 shares of the information services provider’s stock worth $15,036,178,000 after buying an additional 170,267,122 shares in the last quarter. Geode Capital Management LLC boosted its stake in Alphabet by 2.3% during the second quarter. Geode Capital Management LLC now owns 121,308,289 shares of the information services provider’s stock valued at $14,481,781,000 after buying an additional 2,731,671 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in Alphabet by 1,759.2% during the 3rd quarter. Price T Rowe Associates Inc. MD now owns 116,116,066 shares of the information services provider’s stock valued at $11,106,502,000 after buying an additional 109,870,525 shares in the last quarter. 35.08% of the stock is currently owned by hedge funds and other institutional investors. A number of research analysts have recently commented on the company. JMP Securities increased their target price on Alphabet from $138.00 to $140.00 and gave the company a “market outperform” rating in a research report on Wednesday, October 25th. Monness Crespi & Hardt lowered shares of Alphabet from a “buy” rating to a “neutral” rating in a research report on Wednesday, October 25th. Royal Bank of Canada restated an “outperform” rating and issued a $155.00 target price on shares of Alphabet in a report on Wednesday, October 25th. KeyCorp lowered their price target on shares of Alphabet from $155.00 to $153.00 and set an “overweight” rating for the company in a report on Wednesday, October 25th. Finally, Morgan Stanley reduced their price objective on Alphabet from $155.00 to $150.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 25th. Five research analysts have rated the stock with a hold rating, twenty-eight have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Alphabet presently has a consensus rating of “Moderate Buy” and an average price target of $147.12. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverCheck Out Our Latest Research Report on GOOGL In other Alphabet news, CAOAmie Thuener O’toolesold 3,749 shares of the stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of $136.28, for a total transaction of $510,913.72. Following the sale, the chief accounting officer now owns 25,568 shares of the company’s stock, valued at approximately $3,484,407.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed throughthis hyperlink. In other news, CAOAmie Thuener O’toolesold 3,749 shares of the firm’s stock in a transaction dated Tuesday, September 5th. The shares were sold at an average price of $136.28, for a total value of $510,913.72. Following the sale, the chief accounting officer now directly owns 25,568 shares in the company, valued at approximately $3,484,407.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed throughthis link. Also, DirectorJohn L. Hennessysold 200 shares of the firm’s stock in a transaction on Tuesday, October 10th. The stock was sold at an average price of $139.93, for a total value of $27,986.00. Following the completion of the sale, the director now directly owns 7,384 shares of the company’s stock, valued at approximately $1,033,243.12. The disclosure for this sale can be foundhere. Insiders sold 176,126 shares of company stock valued at $23,365,557 over the last 90 days. Corporate insiders own 0.88% of the company’s stock. GOOGLopened at $137.20 on Wednesday. The company has a market capitalization of $1.72 trillion, a price-to-earnings ratio of 26.33, a PEG ratio of 1.52 and a beta of 1.05. The company has a current ratio of 2.04, a quick ratio of 2.01 and a debt-to-equity ratio of 0.05. Alphabet Inc. has a 12-month low of $84.86 and a 12-month high of $141.22. The business’s fifty day simple moving average is $133.43 and its 200-day simple moving average is $128.99. Alphabet (NASDAQ:GOOGL–Get Free Report) last issued its earnings results on Tuesday, October 24th. The information services provider reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.10. The company had revenue of $64.05 billion for the quarter, compared to analysts’ expectations of $63.13 billion. Alphabet had a net margin of 22.46% and a return on equity of 25.24%. On average, equities research analysts anticipate that Alphabet Inc. will post 5.75 earnings per share for the current fiscal year. (Free Report) Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

776990

nan

Globalsecurity.org

John Pike

US Warns Ships to 'Exercise Caution' in Red Sea, Gulf of Aden After Ship Attacks

In response to several attacks and seizures of commercial vessels in the Red Sea and Indian Ocean in recent weeks, the US government has issued a warning to navigators to "exercise caution" when transiting the waterways.

https://www.globalsecurity.org/military/library/news/2023/11/mil-231128-sputnik01.htm

nan

2023-11-29 07:27:23

Sputnik News 20231128Fantine Gardinier In response to several attacks and seizures of commercial vessels in the Red Sea and Indian Ocean in recent weeks, the US government has issued a warning to n… [+4071 chars]

Singapore

Sputnik News 20231128Fantine Gardinier In response to several attacks and seizures of commercial vessels in the Red Sea and Indian Ocean in recent weeks, the US government has issued a warning to navigators to "exercise caution" when transiting the waterways. "Exercise caution when transiting these areas and remain cognizant of evolving threats in this region," the US Department of Transportation said on Monday in an alert about the seizure of several ships in recent days. However, UK security company Ambrey told US media that it was Israeli-owned or Israeli-flagged ships that faced the most risk in the region, although noting that sometimes vessels have been attacked due to mistaken identity, too. The southern Red Sea and Gulf of Aden have long been dangerous areas to traverse, especially due to the war in Yemen between the Yemeni government and its Sunni allies and the insurgent Shiite Ansarallah movement, better known as the Houthis, that has raged since 2015. However, Somali pirates, driven by desperation from decades of civil war, have threatened nearby commercial vessels for nearly two decades. Recently, however, things have taken a new turn with the war between Israel and Palestinian militant groups that re-erupted on October 7. Seemingly triumphant in the Yemeni civil war, Ansarallah has declared itself allied with the Palestinian resistance groups and launched a series of drone and ballistic missile attacks against the southern Israeli city of Eilat, as well as US warships in the region. On November 19, Ansarallah fighters boarded and seized an automobile carrier, the Galaxy Leader, owned by Israeli billionaire Abraham Ungar, which was taken to the Red Sea port of Hodeidah. After, Ansarallah posted a graphic of the Galaxy Leader alongside the Rwabee, an Emirati-flagged ship the group seized in early 2022 on claims it was carrying military supplies for the Saudi-led anti-Houthi alliance. The graphic warned: "we will seek out more." A few days after the Galaxy Leader was seized, the Liberia-flagged chemicals tanker Central Park was boarded and temporarily seized in the Gulf of Aden. The ship is owned by Zodiac Maritime, which is chaired by Israeli billionaire Eyal Ofer. However, after the US Navy boarded the vessel on Monday and returned control to the owners, it was revealed the hijackers were Somalis, not Yemenis, and that Ansarallah was not involved. Pentagon Press Secretary Brig. Gen. Pat Ryder told reporters it was "clearly a piracy-related incident," adding: "we know that they're not Houthi." Nonetheless, the Yemeni group fired a pair of ballistic missiles at the USS Mason, the American destroyer that responded to the distress call, a few hours after the incident with the Central Park had ended. The missiles fell into the sea roughly 10 nautical miles from the warship. Another vessel, the Maltese-flagged container ship CMA CGM Symi, was allegedly targeted by an Iranian-made drone carrying a small bomb, while in the Indian Ocean. Anonymous US officials told US media they believed the attack had been coordinated by Iran's Islamic Revolutionary Guard Corps (IRGC), although they provided nothing to substantiate that claim. CMA CGM is part of the Singapore-based company Eastern Pacific Shipping, another part of Ofer's shipping empire. After nearly two months of air bombardment and weeks of furious ground combat following an Israeli invasion of the Gaza Strip, a temporary pause in the fighting began on November 24 to allow for the release of hostages on both sides and for humanitarian aid to enter the besieged territory. According to Gaza's Ministry of Health, nearly 15,000 people have been killed in the territory, although thousands more remain unaccounted for amid the widespread destruction and massive population transfer by the Israeli Defense Forces. Some 1,200 Israeli civilians were killed on October 7 amid a cross-border attack by Gazan militant forces, and according to the IDF, at least 66 Israeli soldiers have been killed in the Gaza invasion, although Hamas and other Palestinian groups have claimed dozens of strikes on Israeli armored vehicles. © Sputnik

776994

nan

ETF Daily News

MarketBeat News

DBS Group Holdings Ltd (OTCMKTS:DBSDY) Sees Large Increase in Short Interest

DBS Group Holdings Ltd (OTCMKTS:DBSDY – Get Free Report) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 10,400 shares, an increase of 550.0% from the October 31st total of 1,600 s…

https://www.etfdailynews.com/2023/11/29/dbs-group-holdings-ltd-otcmktsdbsdy-sees-large-increase-in-short-interest/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/dbs-group-holdings-ltd-logo.png&w=240&h=240&zc=2

2023-11-29 13:42:41

DBS Group Holdings Ltd (OTCMKTS:DBSDY – Get Free Report) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 10,400 shares, … [+1760 chars]

Singapore

DBS Group Holdings Ltd (OTCMKTS:DBSDY–Get Free Report) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 10,400 shares, an increase of 550.0% from the October 31st total of 1,600 shares. Based on an average daily trading volume, of 74,100 shares, the days-to-cover ratio is presently 0.1 days. DBSDYopened at $94.99 on Wednesday. DBS Group has a twelve month low of $88.98 and a twelve month high of $110.10. The company has a fifty day moving average of $97.20 and a 200-day moving average of $96.41. The business also recently declared a dividend, which will be paid on Thursday, December 7th. Shareholders of record on Thursday, November 16th will be issued a $1.3729 dividend. The ex-dividend date is Wednesday, November 15th. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverSeparately, The Goldman Sachs Group upgraded shares of DBS Group from a “sell” rating to a “neutral” rating in a research report on Sunday, August 6th. View Our Latest Analysis on DBSDY (Get Free Report) DBS Group Holdings Ltd provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. It operates through Consumer Banking/Wealth Management, Institutional Banking, Treasury Markets, and Others segments. The Consumer Banking/Wealth Management segment offers banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products for individual customers.

776996

the-times-of-india

The Times of India

Rajesh Mascarenhas

Ant Group arm to offload 3.4% stake in Zomato for Rs 3,290 crore

According to a term sheet released by the deal broker, BofA Securities, Alipay Singapore Holdings, an entity of the Ant Group, has proposed to sell 296.1 million shares at an offer price of ₹111.28 per share. The offer price is at a 2.2% discount to Zomato's …

https://economictimes.indiatimes.com/markets/stocks/news/ant-group-arm-to-offload-3-4-stake-in-zomato-for-rs-3290-crore/articleshow/105575550.cms

2023-11-29 00:05:41

Mumbai: The Chinese Ant Group is set to divest a 3.4% stake in Zomato for 3,290 crore through block deals Wednesday, timing the exit with a near-90% surge in the food delivery app's stock over the pa… [+1759 chars]

Singapore

ET Bureau Mumbai: The Chinese Ant Group is set to divest a 3.4% stake in Zomato for ₹3,290 crore through block deals Wednesday, timing the exit with a near-90% surge in the food delivery app 's stock over the past one year. According to a term sheet released by the deal broker, BofA Securities , Alipay Singapore Holdings, an entity of the Ant Group, has proposed to sell 296.1 million shares at an offer price of ₹111.28 per share. The offer price is at a 2.2% discount to Zomato's closing price on Tuesday. Zomato's shares ended 0.5% higher at ₹113.80 on the NSE on Tuesday. As of September 30, 2023, Alipay Singapore Holdings held a 3.44% stake. Another entity of the Ant Group, Antfin Singapore Holdings, held a 6.39% stake in the company. Alipay invested $360 million in Zomato in 2018 and held a total of 777 million shares in the startup, according to inc42.com. However, just prior to Zomato's IPO in July 2021, Alibaba's payment affiliate sold 218 million shares. On October 20, SoftBank, through its affiliate SVF Growth Singapore Pte, sold 93.6 million shares, constituting a 1.09% equity stake in Zomato, in a deal valued at ₹1,041 crore. In a previous transaction on August 30, SoftBank sold 100 million shares worth ₹947 crore. SoftBank acquired the stake in Zomato following the merger of its portfolio company, the quick-delivery firm Blinkit, with the food delivery platform. The investor has been reducing its stake in Zomato after the lock-in period after the Blinkit deal ended in August. The New York-based investment firm Tiger Global sold its remaining 1.44% stake in the online food delivery platform for ₹1,124 crore in August. Zomato had an impressive listing on the Indian stock exchanges in July 2021, with its shares more than doubling to reach an all-time high of ₹169.10 on November 16, 2021. Subsequently, the stock declined by 76%, reaching a low of ₹40.55 on July 27, 2022. Since the beginning of this year, the stock has experienced a 92% surge. Connect with Experts - Wealth creation made easy Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on Ant Group Zomato food delivery app stock BofA Securities (What's moving Sensex and Nifty Track latest market news , stock tips and expert advice on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Download The Economic Times News App to get Daily Market Updates & Live Business News. Read Economic Times Epaper and Sensex Today Live . Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price ... more less Pick the best stocks for yourself Powered by Weekly Top Picks: Eight stocks with consistent score improvement and upside potential of up to 40% 9 mins read 4 stocks with 5 % to 8.87% dividend yields and continuous dividend payments for 7 years 7 mins read Weekly Top Picks: Seven large & mid caps with consistent score improvement and upside potential of up to 42% 9 mins read What do Q2 LIC results indicate for other Insurance companies? Two Life and 3 non-life Insurance players with “buy” and “strong buy” ratings 3 mins read Large cap stocks with upside potential of more than 25% 4 mins read 5 stocks for a high dividend yielding portfolio 8 mins read Eight midcap stocks, 2 with“ Strong Buy” and 6 with “Buy” recommendations with potential upside of up to 35% 7 mins read Six high ROE and low PEG ratio stocks, right combination for wealth creation 8 mins read View More Stories Subscribe to ETPrime

777208

nan

International Business Times

Jonathan BROWN with Victoria LUKOVENKO

'Point Of No Return': Why Kyiv Won't Sit Down With The Kremlin

When delegations from Moscow and Kyiv met in Belarus for secretive peace talks weeks after Russia invaded Ukraine, it took Ukraine's lead negotiator less than an hour to lose hope.

https://www.ibtimes.com/point-no-return-why-kyiv-wont-sit-down-kremlin-3719668

2023-11-29 10:00:35

When delegations from Moscow and Kyiv met in Belarus for secretive peace talks weeks after Russia invaded Ukraine, it took Ukraine's lead negotiator less than an hour to lose hope. To end the war, R… [+4386 chars]

Turkey

When delegations from Moscow and Kyiv met in Belarus for secretive peace talks weeks after Russia invaded Ukraine, it took Ukraine's lead negotiator less than an hour to lose hope. To end the war, Russia had dispatched a former culture minister -- infamous for a PhD plagiarism scandal -- and a firebrand nationalist who had recently faced down sexual harassment allegations. "It was about 45 minutes into the first round of talks that the intellectual level of these people became clear -- their lack of understanding that the war was a war," Mykhaylo Podolyak told AFP during a recent interview in Kyiv. "These people were not prepared to negotiate. They were just technical staff with nearly no influence in Russia. They came, read out certain ultimatums, and that's it!" the presidential advisor added. Almost two years after those meetings collapsed, there are growing calls for Ukrainian officials to return to negotiations with the Kremlin to hash out a diplomatic end to the fighting. Those pleas are coming in the wake of a disappointing Ukrainian counteroffensive that -- despite stockpiles of Western weapons -- failed to win back territory in the south or east. And they are building as concerns grow over the West's commitment to supporting Ukraine, and disruptions to ammunition deliveries. But for Ukraine, talks are off the table. Officials say almost all agreements that Kyiv entered into since the collapse of the Soviet Union were scrapped by Moscow, and that sitting down with Russia is pointless at best and dangerous at worst. "Putin is a habitual liar who promised international leaders that he would not attack Ukraine days before his invasion in February 2022," Ukraine's foreign minister said recently. He cited agreements from 1994, 1997, 2014 and 2015 in which Russia had agreed to recognise and respect Ukrainian territorial integrity or commit to terms of fighting that Kuleba said Moscow had brazenly disregarded. In October last year -- days after the Kremlin annexed swathes of Ukrainian territory -- President Volodymyr Zelensky signed a decree ruling out talks with Moscow as long as Putin was in power. The decision was informed by Ukraine's discovery of mass civilian killings in places like Bucha, where Zelensky said evidence of atrocities made the prospect of talks "harder". The Kremlin, by contrast, has often said that it is ready to sit down with Ukraine. "Russia has never rejected peace talks with Ukraine. It was not Russia, but Ukraine that publicly announced that it was withdrawing from the negotiation process," President Vladimir Putin told G20 leaders this month. "We have to think about how to stop this tragedy," he added. For Nigel Gould-Davies, a former British ambassador to Belarus, the Russian leader's comments should be taken with a grain of salt. The Kremlin would benefit from entering into talks that would give it time to reconstitute its military for later attacks, he told AFP. And, he said, Putin's comments could be seen as an effort to placate Russians who are increasingly eager for the war to end, recent polling shows, ahead of elections scheduled for March. "Putin has nothing to lose by pretending to want peace," Gould-Davies said. Andrei Kozyrev, a former Russian foreign minister now living in the United States, put it more bluntly in a recent commentary. Putin "might pretend to compromise at an opportune moment only to go to war next." Echoing talking points in Kyiv, Kozyrev argued the only way to end the fighting was to give Kyiv the "most potent weapons to defeat the invaders as soon as possible." There have however been glimmers of hope that contact between the two sides could bear fruit. Among them, Moscow and Kyiv last year signed separate accords with the UN and Turkey to secure shipments of grain out of Ukraine's Black Sea ports. But Moscow scrapped the deal less than one year later, claiming its interests had been overlooked. Even if Russian and Ukrainian delegations were to sit down at this stage in the conflict, they would have nothing to talk about, former negotiator Podolyak said. "They have military arguments: 'We will continue to attack you.' We have the argument: 'We will defeat you.'" "These are not negotiating positions," he told AFP. "The point of no return has been passed."

777251

nan

ETF Daily News

MarketBeat News

Hormel Foods (NYSE:HRL) Announces Quarterly Earnings Results

Hormel Foods (NYSE:HRL – Get Free Report) released its earnings results on Wednesday. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.02), RTT News reports. Hormel Foods had a net margin of 7.20% a…

https://www.etfdailynews.com/2023/11/29/hormel-foods-nysehrl-announces-quarterly-earnings-results/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/hormel-foods-co-logo.gif&w=240&h=240&zc=2

2023-11-29 13:32:45

Hormel Foods (NYSE:HRL – Get Free Report) released its earnings results on Wednesday. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.02)… [+5678 chars]

Turkey

Hormel Foods (NYSE:HRL–Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.02),MarketWatch Earningsreports. Hormel Foods had a net margin of 7.20% and a return on equity of 12.20%. The firm had revenue of $3.20 billion during the quarter, compared to analysts’ expectations of $3.26 billion. During the same quarter last year, the company posted $0.51 EPS. The firm’s revenue was down 2.6% compared to the same quarter last year. Hormel Foods updated its FY24 guidance to $1.51-1.65 EPS. HRL stockopened at $30.47 on Thursday. The company has a 50 day simple moving average of $33.89 and a 200 day simple moving average of $37.66. Hormel Foods has a 1 year low of $30.12 and a 1 year high of $49.03. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.40 and a quick ratio of 0.65. The stock has a market cap of $16.65 billion, a price-to-earnings ratio of 18.93, a P/E/G ratio of 3.70 and a beta of 0.28. The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Tuesday, January 16th will be issued a $0.2825 dividend. The ex-dividend date of this dividend is Friday, January 12th. This is a boost from Hormel Foods’s previous quarterly dividend of $0.28. This represents a $1.13 annualized dividend and a yield of 3.71%. Hormel Foods’s payout ratio is currently 68.32%. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverSeveral equities research analysts recently issued reports on the stock. The Goldman Sachs Group reduced their price objective on shares of Hormel Foods from $33.00 to $29.00 and set a “sell” rating for the company in a research note on Friday, October 13th. Piper Sandler decreased their price target on Hormel Foods from $41.00 to $35.00 and set a “neutral” rating for the company in a research note on Friday, October 13th.StockNews.cominitiated coverage on Hormel Foods in a research note on Thursday, October 5th. They issued a “hold” rating on the stock. Finally, JPMorgan Chase & Co. reduced their target price on Hormel Foods from $36.00 to $31.00 and set an “underweight” rating for the company in a report on Monday, October 16th. Two equities research analysts have rated the stock with a sell rating and five have given a hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $40.00. Read Our Latest Stock Analysis on HRL In other Hormel Foods news, SVPKevin L. Myerssold 5,200 shares of Hormel Foods stock in a transaction that occurred on Friday, October 13th. The stock was sold at an average price of $30.93, for a total value of $160,836.00. Following the completion of the sale, the senior vice president now directly owns 38,937 shares in the company, valued at $1,204,321.41. The sale was disclosed in a filing with the SEC, which is available atthe SEC website. In related news, SVP Kevin L. Myers sold 5,200 shares of Hormel Foods stock in a transaction on Friday, October 13th. The stock was sold at an average price of $30.93, for a total transaction of $160,836.00. Following the sale, the senior vice president now directly owns 38,937 shares in the company, valued at $1,204,321.41. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible throughthis hyperlink. Also, SVPPierre M. Lillybought 1,454 shares of the firm’s stock in a transaction on Wednesday, September 6th. The stock was purchased at an average cost of $37.25 per share, with a total value of $54,161.50. Following the completion of the transaction, the senior vice president now directly owns 1,454 shares of the company’s stock, valued at $54,161.50. The disclosure for this purchase can be foundhere. 0.81% of the stock is currently owned by insiders. Institutional investors have recently modified their holdings of the company. Ameritas Advisory Services LLC bought a new position in Hormel Foods in the first quarter worth about $26,000. Point72 Hong Kong Ltd bought a new position in Hormel Foods in the first quarter worth $41,000. Global Retirement Partners LLC boosted its holdings in shares of Hormel Foods by 60.5% during the 2nd quarter. Global Retirement Partners LLC now owns 878 shares of the company’s stock valued at $35,000 after buying an additional 331 shares in the last quarter. Exos TFP Holdings LLC grew its position in shares of Hormel Foods by 270.0% in the 1st quarter. Exos TFP Holdings LLC now owns 962 shares of the company’s stock worth $38,000 after buying an additional 702 shares during the period. Finally, Janiczek Wealth Management LLC increased its stake in shares of Hormel Foods by 62.9% in the 3rd quarter. Janiczek Wealth Management LLC now owns 1,028 shares of the company’s stock worth $39,000 after acquiring an additional 397 shares in the last quarter. 41.15% of the stock is currently owned by hedge funds and other institutional investors. (Get Free Report) Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other.

777315

rt

RT

RT

No Ukraine ceasefire in 2024 – Moscow

Russian Deputy Foreign Minister Sergey Ryabkov expects no ceasefire in the Ukraine conflict in 2024, he told the Izvestia newspaper Read Full Article at RT.com

https://www.rt.com/russia/588192-ryabkov-ukraine-ceasefire-nato/

2023-11-29 11:17:29

Russian Deputy Foreign Minister Sergey Ryabkov sees no chance for a ceasefire in the Ukraine conflict next year, considering that Kiev and its Western backers have taken a position that is totally un… [+2455 chars]

Ukraine

Russian Deputy Foreign Minister Sergey Ryabkov sees no chance for a ceasefire in the Ukraine conflict next year, on the basis that Kiev and its Western backers have taken a position that is totally unacceptable to Moscow. The senior diplomat offered his analysis of Russia’s relations with NATO and Ukraine during an interview with the Izvestia newspaper published on Wednesday. He expects no breakthroughs, despite suggestions in the Western press that the US may be nudging Ukrainian President Vladimir Zelensky towards a negotiated settlement. “Unfortunately, the US leads the Western group, which recites the ‘Zelensky peace formula’ as mantra, claiming it to be the only possible basis for an agreement,”he said, adding that a dialogue is“impossible on this basis.” Asked whether he expected a ceasefire next year, Ryabkov responded negatively. He said:“I expect the goals of the special military operation to be unconditionally achieved.” The ‘peace formula’ proposed by Zelensky last year entails Kiev reassuming control over its pre-2014 borders and receiving war reparations from Moscow and subjecting Russian officials to a war tribunal amid extensive international support for Ukraine. Moscow has dismissed the proposal as being detached from reality. The German tabloid Bild claimed last week that Washington and Berlin were rationing arms deliveries to Ukraine to pressure Zelensky into concessions. The White House has said that its policy remained the same and it was up to Kiev to decide how to conduct the war. However, David Arakhamia, a key Zelensky ally who leads the ruling party's faction in parliament and headed up the Ukrainian delegation at last year's peace talks in Istanbul, recently provided further grounds for doubt about how independent Kiev's policy has been. He confirmed in an interview last Friday that then-UK Prime Minister Boris Johnson had derailed a possible truce with Russia, telling the Ukrainian leadership to“just make war.”Moscow’s primary goal was Ukraine’s neutrality, Arakhamia said. Ryabkov reiterated that NATO’s expansion in Europe was the key cause of the Ukraine conflict. Moscow’s relationship with the US-led military bloc is unlikely to recover anytime soon“for reasons of principle and practical nature,”he told Izvestia. “If someone in the West thinks we need that relationship and will at some point come and ask for it to be restored, that is a great error in judgment,”he said. NATO members are“gambling”by encroaching on fundamental Russian interests and apparently believe that there can be no limit to upping the ante, but“they may end up among the losers,”Ryabkov warned.

777331

rt

RT

RT

ECB warns against tapping frozen Russian assets

Using frozen Russian assets to help Ukraine could jeopardize the euro’s reputation, ECB vice president Luis de Guindos has said Read Full Article at RT.com

https://www.rt.com/business/588203-ecb-warning-russian-assets/

2023-11-29 14:06:07

The EU should not use frozen Russian assets in order to help rebuild Ukraine, the European Central Bank (ECB) vice president, Luis de Guindos, said in an interview with De Standaard and La Libre Belg… [+1515 chars]

Ukraine

The EU should not use frozen Russian assets in order to help rebuild Ukraine, the European Central Bank (ECB) vice president, Luis de Guindos, said in an interview with De Standaard and La Libre Belgique news outlets published on Wednesday. According to the senior official, such an action could have serious implications for Europe’s single currency. “We have to be careful because this could lead to reputational damage. We have to look beyond this conflict in isolation, and there could be implications for the euro as a safe currency. The euro is the second most important currency in the world, and we have to consider its long-term reputation,” de Guindos warned. He noted that while the ECB is “in favor of helping and supporting Ukraine in any way possible,” there are “other ways to finance the reconstruction of Ukraine.” De Guindos did not elaborate further. He did not dismiss the idea of using frozen Russian funds entirely, however, saying that it “should be a global decision, ideally involving all members of the G7.” The EU, US and their allies have frozen an estimated $300 billion worth of Russian sovereign assets and property belonging to Russian individuals and entities as part of a sanctions campaign against Moscow over its military operation in Ukraine. Western states have been mulling for months on how these funds could be confiscated and donated to Kiev, despite numerous warnings that such measures could jeopardize the credibility of the Western financial system and Western currencies. Russia has repeatedly criticized the freezing of its assets as illegal under international law, describing it as theft. For more stories on economy & finance visitRT's business section

777367

al-jazeera-english

Al Jazeera English

Al Jazeera

Russia to require foreigners to sign ‘loyalty agreement’

Visitors would be required to respect Russian values and laws that ensure the country's national interest.

https://www.aljazeera.com/news/2023/11/29/russian-lawmakers-to-mull-draft-loyalty-agreement-law-for-foreigners

2023-11-29 13:53:15

Russia is reported to be preparing to introduce laws that would require foreign visitors to sign a loyalty agreement. The interior ministry is preparing the legislation that would bar visitors from … [+4166 chars]

Ukraine

Visitors would be required to respect Russian values and laws that ensure the country’s national interest. Russia is reported to be preparing to introduce laws that would require foreign visitors to sign a “loyalty agreement”. The interior ministry is preparing the legislation that would bar visitors from criticising Russian policy or discrediting Soviet history. It would also require that they respect traditional Russian family values, culture and environment, state news agency TASS reported on Wednesday. All foreigners would have to sign the pledge, which would, in effect, control what they can say and do while in Russia. This means visitors would be prohibited from “interfering with the activities of public authorities of the Russian Federation, discrediting in any form the foreign and domestic state policy of the Russian Federation, public authorities and their officials,” the report said. For the draft to become law, the document has to be introduced to the State Duma, Russia’s lower house of parliament, and to go through committee review and several readings before being submitted to President Vladimir Putin for signing. Officials told state news agency Interfax that the legislation is being worked on by the interior ministry, the government, and the presidential administration and is well advanced. Lieutenant General Valentina Kazakova, head of the ministry’s Main Directorate for Migration, told TASS, “The bill is currently under discussion and will be submitted to the State Duma shortly.” In particular, foreigners would be barred from “distorting the historical truth about the feat of the Soviet people in the defence of the Fatherland and its contribution to the victory over fascism,” the draft bill reads, according to TASS. Thetriumph over Nazism, under the Soviet leadership ofJoseph Stalin,has been constantly compared with Russia’s annexation of Crimea. Putin has utilised this historical moment as an effective tool in his resurgent war on the West and the liberal values mostly associated with it. Evencritics and scholarswithin Russia, who document his totalitarian regime’s atrocities, have lost access to Kremlin-controlled media and are branded “foreign agents”. As the 2024 presidential election approaches, Putin has cast the war as part of an existential battle with the West, saying he will defend Russia’s “sacred” civilisation from what he portrays as the West’s decadence. Under the law, foreigners would have to uphold and abide by “traditional family values”, the “institution of marriage” and “traditional sexual relations”, according to TASS. Russia under President Putin has touted itself as a country home to more conservative moral and family values, backed by theRussian Orthodox Church. To this end, the authorities have cracked down on the LGBTQ community, passing legislationoutlawinggender-affirming surgeries and banning “gay propaganda”. Lawmakers, in recent months have also been working on legislation to limit access to reproductive careand abortions as a way of improving the “demographic situation” and countering the low birth rate. “The legislative initiative proposes prohibiting activities that encourage a neglectful attitude toward Russia’s environment or natural resources … Russia’s regional and ethno-cultural diversity [and] traditional Russian moral and spiritual values,” reported TASS. Russia is one of the most ethnically diverse countries in the world with nearly 200 ethnic groups residing on the territory of the Russian Federation, according to the United Nations. Following the October Revolution in 1917, and the fall of Russia’s imperialist monarchy, StalinembracedRussian nationalism based on the old imperial myth of the greatness of the Russian people, wroteBotakoz Kassymbekova. Bolshevik Moscow madeethnic Russians the most privileged groupin the Soviet Union and sent Russian settlers to populate and control non-Russian regions. Since Russia’s invasion of Ukraine, minority groups have accused authorities of using them as fodder for the war. Reports of men beingrounded uphighlighted the disproportionate impact the war has had on Russians from impoverished regions and ethnic minorities. According todata collectedby Russian independent media, a number of areas with high minority populations have suffered the most casualties in the war. Follow Al Jazeera English:

777374

nan

Globalsecurity.org

John Pike

European Peace Facility: Council greenlights further funding for training of the Ukrainian Armed Forces under EUMAM Ukraine

The Council today decided to provide additional funding for training of the Ukrainian Armed Forces under the European Union Military Assistance Mission in support of Ukraine (EUMAM Ukraine).

https://www.globalsecurity.org/wmd/library/news/ukraine/2023/11/ukraine-231128-ec01.htm

nan

2023-11-29 07:27:48

European Council / Council of the European Union Council of the EUPress release28 November 2023 The Council today decided to provide additional funding for training of the Ukrainian Armed Forces un… [+2068 chars]

Ukraine

European Council / Council of the European Union Council of the EUPress release28 November 2023 The Council today decided to provideadditional funding for training of the Ukrainian Armed Forcesunder the European Union Military Assistance Mission in support of Ukraine (EUMAM Ukraine). Such support will be granted through the European Peace Facility (EPF) and take the form of necessary lethal and non-lethal equipment and supplies, as well as services to back the training activities. The financial amount isincreased by €194 million totalling €255 million. The objective of today's decision is to continue supporting thecapacity building of the Ukrainian Armed Forcesby EUMAM,based on Ukrainian needsand taking into account the increasing scope and complexity of the training curriculum. This support will continue facilitatinglarge-scale training of Ukrainian Armed Forces personneland enable EU member states to providerequired training equipment and supplies. To date, more than 34 000 soldiers have been trained by EUMAM Ukraine since the launch of the mission. TheEuropean Peace Facilityis an off-budget instrument aimed at enhancing the EU's ability to prevent conflicts, build peace and strengthen international security. It enables the financing of operational actions with military or defence implications under the Common Foreign and Security Policy (CFSP). On 17 October 2022, the Council adopted a decision establishingEUMAM Ukrainewith an initial duration of two years. The mission is a direct response to Ukraine's request for support addressed to the High Representative and provides individual, collective and specialised training to the Ukrainian Armed Forces, along with coordination and synchronisation of member states' activities delivering training. In a letter dated 23 August 2023, the Ukrainian authorities acknowledged the important contribution provided by EUMAM Ukraine and requested anextension of EUMAM Ukraine trainingto the National Guard, the State Border Service, the National Police and the Security Service of Ukraine, for those units under the operational control of the Armed Forces of Ukraine.

777384

nan

Globalsecurity.org

John Pike

Stoltenberg 'Confident' of Continued US Support for Ukraine

NATO Secretary-General Jens Stoltenberg said Tuesday he is confident the United States will continue to provide support for Ukraine amid divisions among U.S. lawmakers about approving more funding for the Ukraine war effort.

https://www.globalsecurity.org/wmd/library/news/ukraine/2023/11/ukraine-231128-voa02.htm

nan

2023-11-29 07:27:25

By Nike Ching November 28, 2023 NATO Secretary-General Jens Stoltenberg said Tuesday he is confident the United States will continue to provide support for Ukraine amid divisions among U.S. lawmaker… [+3939 chars]

Ukraine

By Nike Ching November 28, 2023 NATO Secretary-General Jens Stoltenberg said Tuesday he is confident the United States will continue to provide support for Ukraine amid divisions among U.S. lawmakers about approving more funding for the Ukraine war effort. Speaking to reporters before the start of two days of talks with NATO foreign ministers in Brussels, Stoltenberg lauded what he called the unprecedented military support NATO allies have provided to Ukraine in response to Russia's invasion. "The challenge now is that we need to sustain that support," Stoltenberg said. He described supporting Ukraine as NATO's obligation, saying that a Russian victory in Ukraine would be both a "tragedy for Ukrainians" and dangerous to NATO members. Stoltenberg met with U.S. Secretary of State Antony Blinken before the start of the ministerial talks. "We will be strongly reaffirming our support for Ukraine as it continues to face Russia's war of aggression," Blinken told reporters in a joint appearance with Stoltenberg. Ukraine's 'Ultimate Membership' in NATO The United States is hosting the next NATO summit in Washington from July 9 to 11, 2024. Blinken discussed priorities for the Washington meeting with his counterparts as the alliance celebrates its 75th anniversary next year. A senior U.S. official told reporters that a significant portion of the discussions leading up to the Washington Summit would aim to ensure that Ukraine is making the necessary progress toward "ultimate membership" in NATO "when conditions are right." The bloc's member states have suggested to Ukraine "a set of governance reforms," including the strengthening of anti-corruption agencies and authorities. NATO-Ukraine Council On Wednesday, Blinken will hold separate talks with Ukrainian Foreign Minister Dmytro Kuleba after attending the first foreign minister-level meeting of the NATO-Ukraine Council, as Kyiv aspires to become a NATO member. "The Council supports Ukraine's close partnership with NATO," said Jim O'Brien, assistant secretary for European and Eurasian Affairs. "Allies will continue to support Ukraine's self-defense until Russia stops its war of aggression," he added. The NATO-Ukraine Council was inaugurated at the NATO Summit in Vilnius on July 12, with Ukrainian President Volodymyr Zelenskyy and other heads of member governments also in attendance. It convened for the second time in late July to discuss Black Sea security following Russia's withdrawal from a deal overseeing grain exports from Ukrainian ports. The third meeting was held in October to discuss substantial assistance to Ukraine and to ensure Ukraine's forces are fully interoperable with NATO. The NATO-Ukraine Council is the joint body where Allies and Ukraine sit as equal participants to advance political dialogue. North Macedonia, OSCE Wednesday afternoon, Blinken will lead the U.S. delegation to NATO member North Macedonia, which is hosting a meeting of foreign ministers from the Organization for Security and Co-operation in Europe, or OSCE, in its capital, Skopje, later this week. Blinken is slated to hold talks with North Macedonia Foreign Minister Bujar Osmani before heading to the Middle East later on Wednesday night. Bulgaria has given permission for Russian Foreign Minister Sergei Lavrov's plane to cross its airspace en route to Skopje following North Macedonia's request, allowing him to attend the OSCE ministerial meetings. This has sparked an immediate outcry from Ukraine and the Baltic nations of Estonia, Latvia, and Lithuania, who will boycott the gathering due to Lavrov's expected attendance. "We obviously respect every country's ability to make its decision about whether they should attend or not. We think it's a useful forum to engage with OSCE members and are going to attend for that reason," a senior State Department official told reporters on Tuesday. "We do not expect one," said the official when asked if Blinken would have any encounter with Lavrov during the OSCE meetings.

777400

nan

Globalsecurity.org

John Pike

The President: Lithuania is ready to help Ukraine with its green transition

President Gitanas Nausėda opened the Ukraine Green Recovery Conference in Vilnius on Tuesday.

https://www.globalsecurity.org/wmd/library/news/ukraine/2023/11/ukraine-231128-lithuania-pres01.htm

nan

2023-11-29 07:27:25

President of the Republic of Lithuania November 28, 2023 President Gitanas Nausda opened the Ukraine Green Recovery Conference in Vilnius on Tuesday. In his opening speech, the President emphasize… [+2230 chars]

Ukraine

President of the Republic of Lithuania November 28, 2023 President Gitanas NausÄ—da opened the Ukraine Green Recovery Conference in Vilnius on Tuesday. In his opening speech, the President emphasized the solidarity and support of the Lithuanian people for Ukraine, highlighting the Ukrainian people's brave and heroic resistance in their fight for freedom and national survival. He stressed that this resistance contributes not only to the defense of the international rules-based order but also to a better future for all. "We saw how Russia's war of aggression razed entire Ukrainian cities and destroyed civilian infrastructure, while also causing tragic loss of biodiversity, poisoning waterways, and threatening to create a toxic legacy for the coming generations. Russia's deliberate attack on Ukraine's largest dam at Kakhovka produced the worst environmental disaster in Europe since Chernobyl. Ukraine needs urgent, solid and united international assistance in protecting its environment," the President said. Gitanas NausÄ—da pointed out that discussions on preparing a plan for the implementation of the EU-Ukraine facility include considerations for green recovery and environmental reforms. However, he emphasized that providing financial resources will not be enough. According to the President, innovative approaches are needed to help Ukraine implement the necessary environmental reforms and build the absorption capacity of Ukrainian institutions for the implementation of reconstruction and green recovery projects. Looking ahead, the President said, Ukraine will have to make rapid progress in renewables. "Lithuania's own experience shows, green energy is the best way to secure energy independence from Russia. As the first EU Member State to cut all Russia's gas, oil and electricity imports, we are currently going green as fast as we can. And we are ready to help Ukraine with its green transition as well. Ukraine's success in building a modern and green energy sector will be crucial for its post-war economic prosperity and recovery," the President said. Gitanas NausÄ—da underscored that when this brutal war ends and the recovery gains momentum, Ukraine is likely to become a hub of green economy. For this, Lithuania is ready to share its expertise. The President's Communication Group

777407

nan

Globalsecurity.org

John Pike

Russia Never Aimed to Conquer Ukraine, but West and Zelensky Dragged Us Into Hostilities - Medinsky

Russia never had a goal to conquer whole of Ukraine, but its President Volodymyr Zelensky and the West dragged Moscow and Kiev into hostilities, Vladimir Medinsky, who lead a Russian delegation during negotiations with Ukraine in spring 2022, said on Tuesday.

https://www.globalsecurity.org/wmd/library/news/ukraine/2023/11/ukraine-231128-sputnik02.htm

nan

2023-11-29 07:27:25

Sputnik News 20231128 MOSCOW (Sputnik) - Russia never had a goal to conquer whole of Ukraine, but its President Volodymyr Zelensky and the West dragged Moscow and Kiev into hostilities, Vladimir Me… [+1768 chars]

Ukraine

Sputnik News 20231128 MOSCOW (Sputnik) - Russia never had a goal to conquer whole of Ukraine, but its President Volodymyr Zelensky and the West dragged Moscow and Kiev into hostilities, Vladimir Medinsky, who lead a Russian delegation during negotiations with Ukraine in spring 2022, said on Tuesday. "Russia never set the goal of conquering Ukraine. The West and Zelensky dragged our countries into full-fledged military action," Medinsky told reporters, adding that Russians and Ukrainians are one people with common past and future, but Zelensky does not want peace. During 2022 talks, Russia's goal was to ensure protection of Russian-speaking people in Donbas and the recognition of independence of two Donbas republics. "The demand for Ukraine's neutrality and non-entry into NATO was very important, but I will emphasize that in addition to this, recognition of Russian sovereignty over Crimea was an unconditional demand on our part," Medinsky said, adding that Zelensky could have saved lives of hundreds of thousands of Ukrainian soldiers by signing the peace treaty in April 2022. According to Medinsky, UK's former Prime Minister Boris Johnson, heads of US State Department and Department of Defense, as well as other "advisers" arrived in Kiev in 2022 and recommended Kiev not to sing the treaty with Moscow. Ukrainian authorities themselves admit that they are controlled from outside, the former Russian negotiation added. Signing a peace treaty between Russia and Ukraine is possible if all goals of Moscow's special military operation are achieved, Medinsky emphasized. "If all tasks and goals of the special military operation are achieved," the official told reporters, when asked on what terms it is possible for Moscow to sign a peace treaty with Kiev. Russia never refused negotiations with Ukraine, Medinsky added. © Sputnik

777412

nan

Globalsecurity.org

John Pike

Update 198 - IAEA Director General Statement on Situation in Ukraine

The main power line supplying electricity to Ukraine's Zaporizhzhya Nuclear Power Plant (ZNPP) has been restored after a sudden cut in the connection during the weekend, the latest reminder of the fragile nuclear safety and security situation at the site duri…

https://www.globalsecurity.org/wmd/library/news/ukraine/2023/11/ukraine-231128-iaea01.htm

nan

2023-11-29 07:27:30

International Atomic Energy Agency 137/2023Vienna, Austria 28 Nov 2023 The main power line supplying electricity to Ukraine's Zaporizhzhya Nuclear Power Plant (ZNPP) has been restored after a sudd… [+2588 chars]

Ukraine

International Atomic Energy Agency 137/2023Vienna, Austria 28 Nov 2023 The main power line supplying electricity to Ukraine's Zaporizhzhya Nuclear Power Plant (ZNPP) has been restored after a sudden cut in the connection during the weekend, the latest reminder of the fragile nuclear safety and security situation at the site during the ongoing military conflict, Director General Rafael Mariano Grossi said today. Underlining the potential dangers Europe's biggest nuclear power plant is continuing to face, the IAEA experts present at the facility heard - for a second time in the past few days - the distinctive sound of several rockets that appeared to have been fired from close to the plant. Also today, the team heard multiple artillery rounds which also seemed to have been fired from near the ZNPP. Director General Grossi said the apparent military action in the vicinity of the plant could heighten the nuclear safety and security risks at the site and potentially undermine the five concrete principles for the protection of the ZNPP that he presented at the United Nations Security Council in May earlier this year. "I call on all sides to exercise utmost restraint at or near the Zaporizhzhya Nuclear Power Plant. No one would gain a military advantage from causing a nuclear accident during this terrible war, on the contrary," he said. "The troubling events of recent days - with rockets launched from close to this major nuclear power plant - are further deepening our nuclear safety and security concerns." In a separate development, the ZNPP's single remaining 750 kilovolt (kV) power line is again able to deliver the external electricity the plant needs for reactor cooling and other essential nuclear safety and security functions. The connection was lost on Sunday morning after a short circuit that reportedly occurred around 100 kilometres north of the site, but the power line connection was restored later the same evening. During the time when the 750 kV line was disconnected, the ZNPP received off-site electricity from the only remaining 330 kV back-up power line. This means that there are once again two independent power lines essential for delivering external power to the plant. "The plant's vulnerable off-site power supplies remain one of our main concerns when it comes to nuclear safety and security in Ukraine. As we have experienced multiple times, including last winter, attacks far away from the site can cause severe disruptions in the electricity grid that also serves the Zaporizhzhya Nuclear Power Plant. All military action that could endanger nuclear safety and security must be avoided," Director General Grossi said.

777424

nan

Globalsecurity.org

John Pike

Foreign Minister Tsahkna at the NATO ministerial meeting: Allied support to Ukraine remains strong

Today, Foreign Minister Margus Tsahkna attended the meeting of NATO foreign ministers in Brussels, with Allies expressing resolve in their support for Ukraine.

https://www.globalsecurity.org/wmd/library/news/ukraine/2023/11/ukraine-231128-estonia-mfa01.htm

nan

2023-11-29 07:35:21

Republic of Estonia - Ministry of Foreign Affairs 28.11.2023 Today, Foreign Minister Margus Tsahkna attended the meeting of NATO foreign ministers in Brussels, with Allies expressing resolve in the… [+1971 chars]

Ukraine

Republic of Estonia - Ministry of Foreign Affairs 28.11.2023 Today, Foreign Minister Margus Tsahkna attended the meeting of NATO foreign ministers in Brussels, with Allies expressing resolve in their support for Ukraine. Tsahkna said the Allies agreed that Ukraine was fighting for not just the liberation of their land but also the security of the Euro-Atlantic region more broadly. In his statement, the minister said it was crucial to continue to raise the cost of the aggression. The foreign minister noted that the West must be able to deal with several conflicts at the same time, and increasing defence spending in the current security situation was of utmost importance. "Increasing defence spending is key to ensuring the implementation of NATO's new defence plans," Tsahkna said. "2% of GDP should be the minimum for defence spending." At the meeting, Tsahkna expressed disappointment over the fact that Sweden was unable to attend as a full member. "I urged Hungary and Türkiye to work towards ratifying Sweden's membership because Sweden's accession is important for the security of all NATO member states," Tsahkna said. In Brussels, Tsahkna also had bilateral meetings with the Foreign Minister of Montenegro Filip Ivanović, Foreign Minister of Türkiye Hakan Fidani and Foreign Minister of Ukraine Dmytro Kuleba. "Despite the extremely complicated state of war, Ukraine has taken significant steps in implementing reforms," Tsahkna said at his meeting with Kuleba. "NATO is soon celebrating its 75th anniversary and Estonia will mark 20 years as an Ally. Estonia supports the open door policy of NATO and we believe that Ukraine's future is in NATO." Today, NATO foreign ministers also met with Josep Borrell, the High Representative for Foreign Affairs and Security Policy of the European Union, and discussed the situation in the Western Balkans. Tsahkna recognised the role of the Kosovo peacekeeping force KFOR in maintaining security in the region, and welcomed the progress the Western Balkans have made in European integration.

777425

nan

Globalsecurity.org

John Pike

Ukraine Loses Up to 135 Soldiers in Donetsk Direction in Past Day - MoD

Ukraine has lost up to 135 soldiers in the Donetsk direction in the past 24 hours, the Russian Defense Ministry said on Tuesday.

https://www.globalsecurity.org/wmd/library/news/ukraine/2023/11/ukraine-231128-sputnik03.htm

nan

2023-11-29 07:27:25

Sputnik News 20231128 MOSCOW (Sputnik) - Ukraine has lost up to 135 soldiers in the Donetsk direction in the past 24 hours, the Russian Defense Ministry said on Tuesday. During the given period, t… [+1075 chars]

Ukraine

Sputnik News 20231128 MOSCOW (Sputnik) - Ukraine has lost up to 135 soldiers in the Donetsk direction in the past 24 hours, the Russian Defense Ministry said on Tuesday. During the given period, the Russian armed forces have repulsed three attacks by Ukrainian troops in the Donetsk direction and another one in the Zaporozhye direction. "In total, the enemy lost up to 135 military personnel in this [Donetsk] direction, as well as three pickup trucks," the ministry said in a statement, adding that Kiev has also lost up to 65 soldiers in the Zaporozhye direction. The Ukrainian counteroffensive began on June 4. Kiev has thrown into battle brigades trained by NATO instructors and armed with Western equipment, including Leopard and Challenger tanks. Three months later, Russian President Vladimir Putin said that Kiev's push had failed, with Ukraine suffering severe casualties. Several Western officials also admitted that the Ukrainian counteroffensive had not been successful so far. On November 1, Ukrainian Commander-in-Chief Valerii Zaluzhnyi said in an interview with the Economist that Kiev's counteroffensive had reached a "stalemate." ┬® Sputnik

777426

nan

Globalsecurity.org

John Pike

UK to galvanise support for Ukraine as Foreign Secretary attends NATO

During a meeting of foreign ministers in Brussels today (28 November), Foreign Secretary David Cameron will galvanise support for Ukraine among NATO Allies.

https://www.globalsecurity.org/wmd/library/news/ukraine/2023/11/ukraine-231128-ukfcdo01.htm

nan

2023-11-29 07:27:48

During a meeting of foreign ministers in Brussels today (28 November), Foreign Secretary David Cameron will galvanise support for Ukraine among NATO Allies. 28 November 2023 <ul><li>Foreign Secreta… [+1600 chars]

Ukraine

During a meeting of foreign ministers in Brussels today (28 November), Foreign Secretary David Cameron will galvanise support for Ukraine among NATO Allies. 28 November 2023 During a meeting of foreign ministers in Brussels today (28 November), Foreign Secretary David Cameron will galvanise support for Ukraine among NATO Allies. At a gathering of the NATO-Ukraine Council tomorrow (29 November), due to be attended by Ukrainian Foreign Minister Kuleba, the Foreign Secretary will update his counterparts on his recent visit to Kyiv, his first trip in his new role, and underline that the UK remains firmly behind Ukraine in the face of Russian aggression, urging Allies not to waver in their support. The Foreign Secretary will also set out the need for Sweden's urgent accession to the Alliance, stating that the agreement would mark a critical step forward in strengthening peace and stability in Europe. The Foreign Secretary, David Cameron, said: NATO keeps over one billion people safe and secure. And nearly 75 years on, the Alliance is stronger than ever. Putin first believed that NATO would be divided and that Ukraine would crumble. Now he believes he can wait out his war in Ukraine. He was wrong then and he is wrong now. Together, the UK and our NATO allies will never turn a blind eye to Russian aggression. The UK will continue to be a steadfast supporter of Ukraine and a champion for European peace and stability.

777456

nan

Globalsecurity.org

John Pike

Defence ministers discuss security developments at a meeting in Stockholm

Security developments, strengthened defence posture and continued support for Ukraine were among the issues on the agenda in a recent two-day meeting of Nordic and Baltic defence ministers in Stockholm.

https://www.globalsecurity.org/military/library/news/2023/11/mil-231128-iceland01.htm

nan

2023-11-29 07:27:22

Government of Iceland November 28, 2023 Ministry for Foreign Affairs Security developments, strengthened defence posture and continued support for Ukraine were among the issues on the agenda in a r… [+2049 chars]

Ukraine

Government of Iceland November 28, 2023 Ministry for Foreign Affairs Security developments, strengthened defence posture and continued support for Ukraine were among the issues on the agenda in a recent two-day meeting of Nordic and Baltic defence ministers in Stockholm. The meeting began with the gathering of Nordic ministers of defence where they discussed the rapidly growing defence cooperation between the Nordic countries, which will be further strengthened with Finland's membership and Sweden's accession to NATO. Significant steps have been taken to further strengthen the collaboration and cooperation between the Nordic countries through exercises and joint planning. Iceland takes an active part in this cooperation and has since late last year also taken part on the military side of the cooperation. Bjarni Benediktsson, Minister for Foreign Affairs, who also acts as Minister for Defence, had a bilateral meeting with Pål Jonson, Minister of Defence of Sweden, who is chairing the Nordic Defence Cooperation (NORDEFCO) this year with Denmark taking over the chairmanship next month. "We welcome the rapidly increasing defence cooperation of the Nordic countries in recent years, we share both priorities and common interests in the region. Finland's membership and hopefully soon Sweden's, will strengthen the Alliance and increase the security of the inhabitants of the Nordic countries. In my meeting with Pål Jonson, I reiterated Iceland's unequivocal support for Sweden's accession, which I hope will become a reality very soon," says Bjarni Benediktsson, Minister for Foreign Affairs. The Nordic and Baltic defence ministers had a joint meeting where they focused on security issues in Northern Europe and the Baltic Sea among other issues. On the sidelines of the ministerial meetings, the Nordic ministers took part in a virtual meeting (VTC) of the Ukraine Defence Contact Group. The Minister for Foreign Affairs announced that a mobile field hospital had been delivered to Ukraine and that Iceland intends to participate in coalitions aimed at supporting Ukraine's efforts on cyber security and demining.

777458

nan

Globalsecurity.org

John Pike

Russian Shells Hit Border Village, Killing Three, Including 7-Year-Old Girl

Russian shelling of a border village in the northeastern Sumy region of Ukraine on November 28 killed three people, including a 7-year-old girl who was in a car with her stepfather when the attack occurred, Ukrainian officials said.

https://www.globalsecurity.org/wmd/library/news/ukraine/2023/11/ukraine-231128-rferl01.htm

nan

2023-11-29 07:27:25

By RFE/RL's Ukrainian Service November 28, 2023 Russian shelling of a border village in the northeastern Sumy region of Ukraine on November 28 killed three people, including a 7-year-old girl who wa… [+2593 chars]

Ukraine

By RFE/RL's Ukrainian Service November 28, 2023 Russian shelling of a border village in the northeastern Sumy region of Ukraine on November 28 killed three people, including a 7-year-old girl who was in a car with her stepfather when the attack occurred, Ukrainian officials said. Russian shells destroyed at least five private houses in the village of Seredyna-Buda at around 12:30 p.m. local time, authorities in the Sumy region reported. Photos published by the local prosecutor's office showed rubble strewn around an area of collapsed houses. "Two dead women and two wounded men were recovered from the rubble. A man and his 7-year-old stepdaughter were also injured in their car. The girl later died in the hospital," the Prosecutor-General's Office said on social media. A separate attack in the southern town of Nikopol hit a five-story building, said Serhiy Lysak, governor of the Dnipropetrovsk region. "A 63-year-old man was killed. Two women, aged 65 and 63, were injured. There may be people under the rubble," Lysak said on Telegram. Two men were wounded. It was not possible to independently verify the claims. The prosecutor's office in the Sumy region said an investigation has been launched into the attack there to determine whether it violated the laws and customs of war. Russia has denied deliberately targeting civilians although more than 10,000 have been killed since the start of Russia's full-scale invasion in February 2022, according to the United Nations. Earlier on November 28, Russian troops launched a missile strike on the city of Kryviy Rih in the Dnipropetrovsk region, said Yevhen Sytnychenko, head of the city's military administration, on Telegram. Authorities are looking into the consequences of the overnight strike, said Sytnychenko, adding that the region's infrastructure appears to be "working normally." Late on November 28, a spokeswoman for the Ukrainian military's 14th separate mechanized brigade said the number of attacks by Russian troops in the Kupyansk area of the Kharkiv region in eastern Ukraine has decreased in the last two days due to significant losses. The enemy has suffered very significant losses both in equipment and in personnel during the last days, said Nadia Zamryha. Ukrainian forces repulse attacks the area around Kupyansk, and the Russian army loses 10 servicemen every day on this part of the front, according to Zamryha. With reporting by Reuters and AFP Source:https://www.rferl.org/a/ukraine-russia-air-strikes- shelling/32702836.html Copyright (c) 2023. RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave., N.W. Washington DC 20036.

777506

nan

Globalsecurity.org

John Pike

Mass Production of First Russian Naval Drones Scheduled for 2024 - Company

Serial production of the first Russian naval drones for the Russian armed forces is planned to begin in 2024, Mikhail Danilenko, the managing director of Kingisepp Machine-Building Plant (KMZ), told Sputnik.

https://www.globalsecurity.org/wmd/library/news/russia/2023/11/russia-231128-sputnik01.htm

nan

2023-11-29 07:27:24

Sputnik News 20231128 MOSCOW (Sputnik) - Serial production of the first Russian naval drones for the Russian armed forces is planned to begin in 2024, Mikhail Danilenko, the managing director of Ki… [+943 chars]

Ukraine

Sputnik News 20231128 MOSCOW (Sputnik) - Serial production of the first Russian naval drones for the Russian armed forces is planned to begin in 2024, Mikhail Danilenko, the managing director of Kingisepp Machine-Building Plant (KMZ), told Sputnik. "If they are successfully tested during the special military operation [in Ukraine], we plan to move to mass production in 2024," Danilenko said. Danilenko told Sputnik earlier that the first Russian naval drones would be delivered to the Russian armed forces by the end of 2023 and tested in the zone of the special military operation in Ukraine. The drones will be able to reach a speed of up to 80 kilometers per hour (49.7 miles per hour) and have a payload of about 600 kilograms (1,322 pounds), with a cruising range of more than 200 kilometers (124 miles). The KMZ holding specializes in the production of boats for Russian law enforcement agencies, including the Russian National Guard, the Russian Federal Security Service (FSB) and the Emergencies Ministry. ┬® Sputnik

777534

nan

Globalsecurity.org

John Pike

Tsahkna: Lavrov belongs at a special tribunal for war crimes instead of the OSCE table

In a joint statement today, the foreign ministers of the Baltic States announced they would not attend the meeting of the OSCE's Ministerial Council in Skopje later this week if Russian Foreign Minister Sergei Lavrov also attends. "Lavrov's place is at a spec…

https://www.globalsecurity.org/wmd/library/news/russia/2023/11/russia-231128-estonia-mfa01.htm

nan

2023-11-29 07:27:24

Republic of Estonia - Ministry of Foreign Affairs 28.11.2023 In a joint statement today, the foreign ministers of the Baltic States announced they would not attend the meeting of the OSCE's Ministe… [+2059 chars]

Ukraine

Republic of Estonia - Ministry of Foreign Affairs 28.11.2023 In a joint statement today, the foreign ministers of the Baltic States announced they would not attend the meeting of the OSCE's Ministerial Council in Skopje later this week if Russian Foreign Minister Sergei Lavrov also attends. "Lavrov's place is at a special tribunal, not the OSCE table," Tsahkna said. "In the past two years we have seen Russia, an OSCE participating state, continuing to conduct a brutal full-scale aggression and genocide in Ukraine and deporting thousands of children," Tsahkna said at the meeting of NATO foreign ministers in Brussels. "Russia's aggression against its independent and peaceful neighbour Ukraine violates international law, and it is an attack on the OSCE and its fundamental values." Foreign Minister Tsahkna strongly condemned the decision to allow Russian Foreign Minister Sergei Lavrov to attend the meeting of the OSCE's Ministerial Council in Skopje. "Russia will use this opportunity to spread its propaganda and undermine the unity of the West. The fact is that while the OSCE meeting is being held in Skopje, Russia's war machine is attacking innocent Ukrainians and deporting children without blinking an eye," said Tsahkna. "Lavrov's attendance trivialises the atrocious crimes that Russia continues to commit. Estonia cannot sit at the same table with the aggressor and bear responsibility for the consequences Lavrov's attendance may bring. It goes against our fundamental principles," the minister said. Tsahkna emphasised that right now it was crucial to put an immediate end to the aggression, withdraw Russian troops from occupied areas, compensate the destruction and hold criminals to account. However, there are no signs that Russia is even considering acting in accordance with international law and the principles of the OSCE. "The OSCE was created to rebuild European security, prevent conflicts and maintain peace. With its unlawful and brutal actions, Russia has repeatedly proved that it is not a security partner for Europe. In reality, Europe currently needs defence from and against Russia," said Tsahkna.

777537

nan

Globalsecurity.org

John Pike

Secretary Blinken's Meeting with NATO Secretary General Stoltenberg

No description

https://www.globalsecurity.org/military/library/news/2023/11/mil-231128-state02.htm

nan

2023-11-29 02:55:54

US Department of State ReadoutOffice of the SpokespersonNovember 28, 2023 The below is attributable to Spokesperson Matthew Miller: Secretary of State Antony J. Blinken met with NATO Secretary Gen… [+601 chars]

Ukraine

US Department of State ReadoutOffice of the SpokespersonNovember 28, 2023 The below is attributable to Spokesperson Matthew Miller: Secretary of State Antony J. Blinken met with NATO Secretary General Jens Stoltenberg today in Brussels ahead of the NATO Foreign Ministers Meeting. Secretary Blinken and Secretary General Stoltenberg discussed priorities for the Alliance, including preparations for the Washington Summit and NATO's 75th Anniversary in 2024, continued support to Ukraine, and security in the Western Balkans. The Secretary and the Secretary General also conferred on NATO's investment and readiness commitments to further strengthen the Alliance's deterrence and defense.

777538

nan

Globalsecurity.org

John Pike

The total combat losses of the enemy from 24.02.2022 to 28.11.2023

No description

https://www.globalsecurity.org/wmd/library/news/ukraine/2023/11/ukraine-231128-ukraine-mod01.htm

nan

2023-11-29 07:27:30

Ministry of Defence of Ukraine 2023-11-28 08:00:00 | ID: 71251 The total combat losses of the enemy from 24.02.22 to 28.11.23 were approximately:personnel about 326440 (+860) persons,tanks 5523 (+3… [+526 chars]

Ukraine

Ministry of Defence of Ukraine 2023-11-28 08:00:00 | ID: 71251 The total combat losses of the enemy from 24.02.22 to 28.11.23 were approximately:personnel ‒ about 326440 (+860) persons,tanks ‒ 5523 (+3),APV ‒ 10285 (+3),artillery systems - 7876 (+1),MLRS - 907 (+0),Anti-aircraft warfare systems ‒ 597 (+0),aircraft - 323 (+0),helicopters - 324 (+0),UAV operational-tactical level - 5905 (+0),cruise missiles ‒ 1565 (+0),warships / boats ‒ 22 (+0),submarines - 1 (+0),vehicles and fuel tanks - 10302 (+3),special equipment ‒ 1113 (+0)Data are being updated.Strike the occupier! Let's win together! Our strength is in the truth!

777576

nan

Globalsecurity.org

John Pike

Secretary Antony J. Blinken And Turkish Foreign Minister Hakan Fidan Before Their Meeting

No description

https://www.globalsecurity.org/wmd/library/news/turkey/2023/turkey-231128-state02.htm

nan

2023-11-29 07:27:30

US Department of State RemarksAntony J. Blinken, Secretary of StateNATO HeadquartersBrussels, BelgiumNovember 28, 2023 SECRETARY BLINKEN: Good morning, it's a pleasure to be with my friend and coll… [+1135 chars]

Ukraine

US Department of State RemarksAntony J. Blinken, Secretary of StateNATO HeadquartersBrussels, BelgiumNovember 28, 2023 SECRETARY BLINKEN: Good morning, it's a pleasure to be with my friend and colleague, Foreign Minister Fidan. We had very, very good consultations and conversations when I was in Ankara just a couple weeks ago. I'm very much looking forward today to pursuing those. We obviously have the crisis in Gaza that we are all working to contend with. We have questions here at NATO as we track toward the summit next June, the 75th anniversary, including Sweden's accession. We have the ongoing Russian aggression against Ukraine, among many other issues. And I am grateful for the opportunity to share perspectives on all of these issues, grateful for the collaboration that we have with TĂĽrkiye - a critical, very valued NATO Ally. So Hakan, good to see you. FOREIGN MINISTER FIDAN: Thank you. Good morning, all. As Tony said, we are here today to attend the NATO Ministerial Meeting, and we have very important subjects on our plate, and I am sure we will have very frank and open discussions, and we really value our friendship and cooperation. And thank you very much, Tony. SECRETARY BLINKEN: Thank you.

777617

the-times-of-india

The Times of India

AFP

Ukraine tells Nato it won't 'back down' in Russia fight

Ukraine's foreign minister asserts that it will not back down in its fight against Russia, despite doubts over US support and minimal progress on the front line. Ukraine's strategic goal of territorial integrity within internationally recognized borders remai…

https://timesofindia.indiatimes.com/world/europe/ukraine-tells-nato-it-wont-back-down-in-russia-fight/articleshow/105590730.cms

2023-11-29 09:28:59

10 tips to make perfect French Fries at home

Ukraine

BRUSSELS: Ukraine's foreign minister said Wednesday that it won't "back down" in its fight against Russia, despite doubts over US support and minimal progress on the front line. "We have to continue, we have to keep fighting. Ukraine is not going to back down," Ukraine's top diplomat Dmytro Kuleba told Kyiv's Nato backers in Brussels. "Our strategic goal, which is territorial integrity within internationally recognised borders as of 1991, remains unchanged," he said. "The issue here is not just Ukraine's security it is the security and safety of the entire Euro-Atlantic space."There are fears that a lack of adequate support from the West -- at a time that it is distracted by the Israel-Hamas war -- could end up forcing Kyiv to seek a compromise with Russian President Vladimir Putin from a position of weakness.Western officials insist they remain committed and are not pressing Kyiv to negotiate with Moscow even as Ukraine's top general admits fighting has ground to a bloody stalemate. Opposition from hardline Republicans in the US Congress has stalled a new $60-billion package of support and thrown into question the future of US assistance."Hopefully the US Congress will also find a solution that will be in the best interests of the American people which is actually to support both Israel and the Ukraine," Kuleba said. Defending Europe"Because you know, the best way to avoid sending your own soldiers into war is to help another country fight its own war."Ukraine is pushing to join Nato to ensure it is covered by the US-led alliance's protective umbrella. Nato has vowed Kyiv will join one day but refused to issue a formal invite at a summit this summer due to fears from key powers the United States and Germany that Ukraine's membership could drag them into war with Moscow. Ukraine and Nato were set to agree on a list of reforms Wednesday -- both military and political -- aimed at helping Ukraine get closer to eventually joining the alliance.Kuleba said that due to the major Western support during the war Ukraine was already becoming "a de facto Nato army in terms of our technical capacity, management approaches and principles.""Defending Europe without Ukraine is a futile task," he said. "You cannot do it simply for one simple reason -- we currently have the strongest and the most battle-hardened army in Europe."Kuleba pushed back at any suggestions that his country should have to cede any of the territory occupied by Moscow to gain Nato membership. "Somehow it's always easy to advise someone else to give up and make concessions," Kuleba said.

777668

the-times-of-india

The Times of India

Reuters

'No sense of fatigue' when it comes to support for Ukraine, Antony Blinken says

Kyiv has recently engaged in a concerted drive to entice leading global arms manufacturers to set up operations in Ukraine, part of a bid to diversify its reliance on weapons and ammunition given by its allies. "It is important that our solidarity with Ukrain…

https://economictimes.indiatimes.com/news/defence/no-sense-of-fatigue-when-it-comes-to-support-for-ukraine-antony-blinken-says/articleshow/105596619.cms

2023-11-29 12:09:39

U.S. Secretary of State Antony Blinken said on Wednesday that there was "no sense of fatigue" among NATO allies when it came to helping Ukraine."We must and we will continue to support Ukraine," he s… [+1653 chars]

Ukraine

AFP U.S. Secretary of State Antony Blinken said on Wednesday that there was "no sense of fatigue" among NATO allies when it came to helping Ukraine . "We must and we will continue to support Ukraine," he said after a NATO-Ukraine meeting in Brussels, adding that NATO allies were unanimous on this position and that he was also hearing continued support for Ukraine in both chambers of the U.S. Congress. Kyiv has been concerned that the Israel-Hamas war could divert international attention away from its efforts to defeat Russia , which invaded Ukraine in February 2022. Foreign Minister Dmytro Kuleba urged the West earlier on Wednesday to ramp up arms production. The European Union has delivered about 300,000 of its promised 1 million artillery shells to Ukraine so far, he said. "We need to create a Euro-Atlantic common area of defence industries," Kuleba said before meeting the NATO foreign ministers, adding this would ensure both Ukraine's security and that of NATO countries themselves. Kyiv has recently engaged in a concerted drive to entice leading global arms manufacturers to set up operations in Ukraine, part of a bid to diversify its reliance on weapons and ammunition given by its allies. "It is important that our solidarity with Ukraine is not only demonstrated in words but also in deeds," NATO Secretary General Jens Stoltenberg said, urging allies to do more. "These are concrete actions, we need more of them and we need sustained and stepped up support." Russia has amassed a large missile stockpile ahead of winter, Stoltenberg warned. Russia "is now weaker militarily, politically and economically," he said. "At the same time we must not underestimate Russia," he added, stressing that Russia had been making new attempts to strike Ukraine's power grid and energy infrastructure, "trying to leave Ukraine in the dark and cold." Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on ukraine nato european union state antony blinken jens stoltenberg russia (Catch all the Business News , Breaking News Events and Latest News Updates on The Economic Times .) Download The Economic Times News App to get Daily Market Updates & Live Business News. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Four signals from the OpenAI mess that the government, big tech, and you cannot ignore. Light at the end of the tunnel: Higher plant utilisation sending a current through power stocks How COP28 is set to facilitate syncing of corporate India’s green journey and business trajectory. Wings or Sting? Energy drinks market heats up as Red Bull, PepsiCo jostle to grab a cool share. 3 insights to kick-start your day, featuring Amazon’s India journey Stock Radar: IEX has given breakout from a descending triangle pattern; where is the stock headed? 1 2 3 View all Stories

777669

the-times-of-india

The Times of India

Reuters

Russia attacks Ukraine with 21 drones, three missiles: Ukraine's Air Force

In a recent development, Ukraine's Air Force reported that Russia launched 21 drones and three cruise missiles towards Khmelnitskyi and southern Ukraine, respectively. All drones and two missiles were reportedly destroyed before reaching their targets. The or…

https://timesofindia.indiatimes.com/world/europe/russia-attacks-ukraine-with-21-drones-three-missiles-ukraines-air-force/articleshow/105582131.cms

2023-11-29 05:43:09

8 vegetarian dishes from Kashmiri Pandit cuisine that are a must-try

Ukraine

Russia launched 21 drones and three cruise missiles overnight on Ukraine, Ukraine's Air Force said on Wednesday, adding that all the drones and two missiles were destroyed before reaching their targets. The Iranian-made Shahed drones were headed towards the Khmelnitskyi region, and the missiles for the southern parts of Ukraine, the air force said on the Telegram messaging app. Ukriane's western region of Khmelnitskyi is home to an air base. Although not destroyed, the third missile "did not reach" the target, the air force said, without further detail. Reuters could not independently verify the Ukrainian report. There were no immediate reports of damage from falling debris. Earlier on Wednesday, Russia's defence ministry said a frigate of its Black Sea Fleet launched an attack with four cruise missiles on Ukraine's military infrastructure, but it was not clear when the attack took place. The Russian defence ministry occasionally releases information after a delay. Ukraine's navy said Russia's three cruise missiles were launched from the Kherson region bordering the Black Sea, parts of which have been under Russian control since early in the war Moscow started 21 months ago.

777771

nan

Boing Boing

Jennifer Sandlin

They Might Be Giants currently offering a free download of their 2004 live album, "Almanac"

Quick! Head over to the They Might Be Giants online shop and grab a free download of their live album Almanac. It was recorded during their 2004 tour across the United States at various venues in Atlanta, Asheville, Raleigh, San Francisco, New York, Brooklyn,…

https://boingboing.net/2023/11/29/they-might-be-giants-currently-offering-a-free-download-of-their-2004-live-album-almanac.html

2023-11-29 12:11:00

Quick! Head over to the They Might Be Giants online shop and grab a free download of their live album Almanac. It was recorded during their 2004 tour across the United States at various venues in Atl… [+1054 chars]

United States

Quick! Head over to the They Might Be Giantsonline shopand grab a freedownloadof their live albumAlmanac. It was recorded during their 2004 tour across the United States at various venues in Atlanta, Asheville, Raleigh, San Francisco, New York, Brooklyn, and New Haven. The website "this might be a wiki: tmbg knowledge base"describesthe album: Almanac is alive albumreleased digitally through theTMBG Download Storein December of2004. The album was unavailable for purchase after 2009 until 2023, when it was relisted on theTMBG Shopin MP3 and (for the first time) uncompressed WAV. All songs on the album were taken from performances during theSpine On The Hiway Tour, mostly from the tour's latter half. Other live recordings from the tour were released onThe Spine Hits The RoadandVenue Songs. The album features some of my favorite TMBG songs, including "I Palindrome I," "Dr. Worm," and the never-not-hilarious "Fingertips." While you're at the TMBG shop, pick up a t-shirt on sale if you so fancy. Sadly, I wasn't able to see them on the30th anniversary tourofFlood—one of my top 10 favorite albums—but I just snagged one of the 2023 Flood tour t-shirts for ten bucks. Score! Now, excuse me, I've got to go listen toAlmanac.

777826

nan

Forbes

Hugh McIntyre, Senior Contributor, Hugh McIntyre, Senior Contributor https://www.forbes.com/sites/hughmcintyre/

Taylor Swift And Morgan Wallen Dominated Spotify In The U.S. In 2023

Taylor Swift has been named the most-streamed musician on Spotify in the U.S. this year. Morgan Wallen claims the No. 1 song and album.

https://www.forbes.com/sites/hughmcintyre/2023/11/29/taylor-swift-and-morgan-wallen-dominated-spotify-in-the-us-in-2023/

2023-11-29 13:15:36

DENVER, COLORADO - JULY 14: EDITORIAL USE ONLY Taylor Swift performs onstage during "Taylor Swift | ... [+] The Eras Tour" at Empower Field At Mile High on July 14, 2023 in Denver, Colorado. (Photo b… [+4043 chars]

United States

DENVER, COLORADO - JULY 14: EDITORIAL USE ONLY Taylor Swift performs onstage during "Taylor Swift | ... [+] The Eras Tour" at Empower Field At Mile High on July 14, 2023 in Denver, Colorado. (Photo by Tom Cooper/TAS23/Getty Images for TAS Rights Management) She might not have ended up with the No. 1 song or the top-streamed album in the U.S. this year, but Taylor Swift comes out on top anyway when looking at the most popular artists on Spotify. According to the company, the singer-songwriter is the most successful act on the streaming site in America in 2023. The streamer released its annual Wrapped roundup today (November 29), announcing the biggest and most-streamed songs, albums, and artists globally and in the United States. The program also lets individual users dive into what they had on repeat throughout the year as well in what has become a highly-anticipated moment for the company. To land at No. 1 on the list of the top-streamed artists, Swift beat out her frequent competitor for most records in the industry, Drake. The Canadian star appears in second place, just ahead of Morgan Wallen—who performed even better on several other important rankings shared by Spotify. Here is a list of the 10 most-streamed artists on Spotify in the U.S. in 2023. Wallen isn’t the biggest artist on Spotify in 2023, but Americans loved the music he released this year. The country artist’s single “Last Night” stands out as the top-streamed tune in the U.S. this year. It beats out fellow Hot 100 No. 1 smashes “Kill Bill” by SZA (No. 2) and “Flowers” by Miley Cyrus (No. 3). The latter cut ended the year as the most-streamed song globally. The only artist to appear more than once on the 10-spot list is Swift. Her 2019 song “Cruel Summer,” which was officially released as a single in 2023, appears in sixth place. Not far behind is her 2022 No. 1 chart-topper “Anti-Hero,” which continued to rule throughout this year. Here is a list of the 10 most-streamed songs on Spotify in the U.S. in 2023. Just as is the case on the list of the most-streamed songs in the U.S. this year, Wallen ends up at No. 1 on the ranking of the most successful albums in America on Spotify. The country star’s One Thing At A Time ends up in first place, which isn’t surprising, given its incredible success on the Billboard charts. Wallen claims a pair of titles inside the top five, as his previous album Dangerous: The Double Album lands at No. 5—despite the fact that it’s several years old at this point. Like on the list of the top-streamed tunes, SZA appears in the runner-up rung. The R&B talent’s SOS is the No. 2 most popular album on Spotify in 2023 in the United States. Swift claims three of the top 10 most-streamed albums in America this year on Spotify, the most popular music streaming site. Midnights comes in at No. 3, Lover lands at No. 6 and Folklore appears at No. 8. None of those titles were released in 2023, but impressively, she did drop a pair of No. 1 full-lengths this year, which added to her overall success. Here is a list of the 10 most-streamed albums on Spotify in the U.S. in 2023.

777869

nan

ETF Daily News

MarketBeat News

United States Lime & Minerals (NASDAQ:USLM) Sees Unusually-High Trading Volume

United States Lime & Minerals, Inc. (NASDAQ:USLM – Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 14,013 shares changed hands during trading, an increase of 79% from the previous session’s volume of 7,848 shares.The stock …

https://www.etfdailynews.com/2023/11/29/united-states-lime-minerals-nasdaquslm-sees-unusually-high-trading-volume/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/united-states-lime--minerals-inc-logo.jpg&w=240&h=240&zc=2

2023-11-29 13:46:41

United States Lime &amp; Minerals, Inc. (NASDAQ:USLM – Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 14,013 shares changed hands during trading, an increase of 7… [+5316 chars]

United States

United States Lime & Minerals, Inc. (NASDAQ:USLM–Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 14,013 shares changed hands during trading, an increase of 79% from the previous session’s volume of 7,848 shares.The stock last traded at $218.40 and had previously closed at $223.10. Separately,StockNews.cominitiated coverage on United States Lime & Minerals in a research report on Thursday, October 5th. They set a “buy” rating on the stock. View Our Latest Research Report on USLM Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverThe firm has a market cap of $1.20 billion, a price-to-earnings ratio of 17.51 and a beta of 0.76. The firm has a 50-day moving average price of $204.29 and a two-hundred day moving average price of $202.72. United States Lime & Minerals (NASDAQ:USLM–Get Free Report) last released its quarterly earnings results on Tuesday, October 31st. The construction company reported $3.63 EPS for the quarter. The company had revenue of $74.88 million for the quarter. United States Lime & Minerals had a return on equity of 19.61% and a net margin of 24.95%. The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 24th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.38%. The ex-dividend date is Wednesday, November 22nd. United States Lime & Minerals’s dividend payout ratio (DPR) is 6.68%. In other news, VP Timothy Wade Stone purchased 200 shares of the business’s stock in a transaction on Thursday, November 9th. The shares were bought at an average price of $200.00 per share, with a total value of $40,000.00. Following the completion of the transaction, the vice president now directly owns 862 shares in the company, valued at approximately $172,400. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed throughthis link. In other United States Lime & Minerals news, Director Sandra C. Duhe sold 517 shares of United States Lime & Minerals stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $206.92, for a total value of $106,977.64. Following the transaction, the director now directly owns 884 shares in the company, valued at approximately $182,917.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available atthe SEC website. Also, VP Timothy Wade Stone bought 200 shares of the stock in a transaction on Thursday, November 9th. The stock was bought at an average price of $200.00 per share, for a total transaction of $40,000.00. Following the completion of the purchase, the vice president now directly owns 862 shares in the company, valued at approximately $172,400. The disclosure for this purchase can be foundhere. Insiders have bought a total of 201 shares of company stock valued at $40,204 over the last quarter. Company insiders own 2.16% of the company’s stock. Institutional investors have recently modified their holdings of the business. Fiduciary Alliance LLC purchased a new stake in shares of United States Lime & Minerals in the second quarter valued at approximately $89,000. BNP Paribas Arbitrage SA boosted its stake in shares of United States Lime & Minerals by 150.5% in the second quarter. BNP Paribas Arbitrage SA now owns 486 shares of the construction company’s stock valued at $51,000 after buying an additional 292 shares in the last quarter. Quantbot Technologies LP purchased a new stake in shares of United States Lime & Minerals in the third quarter valued at approximately $102,000. Qube Research & Technologies Ltd purchased a new stake in United States Lime & Minerals during the third quarter worth $104,000. Finally, UBS Group AG boosted its position in United States Lime & Minerals by 28,950.0% during the fourth quarter. UBS Group AG now owns 581 shares of the construction company’s stock worth $82,000 after purchasing an additional 579 shares in the last quarter. 26.56% of the stock is currently owned by hedge funds and other institutional investors. (Get Free Report) United States Lime & Minerals, Inc manufactures and supplies lime and limestone products in the United States. It extracts limestone from open-pit quarries and an underground mine, and processes it as pulverized limestone, quicklime, hydrated lime, and lime slurry. The company supplies its products primarily to the construction customers, including highway, road, and building contractors; industrial customers, such as paper and glass manufacturers; environmental customers comprising municipal sanitation and water treatment facilities, and flue gas treatment processes; oil and gas services companies; roof shingle manufacturers; and poultry producers.

778194

nan

GlobeNewswire

BOUSSARD AND GAVAUDAN HOLDING LIMITED (GBP)

BGHL (GBP): NAV(s)

BOUSSARD & GAVAUDAN HOLDING LIMITED Ordinary Shares The Directors of Boussard & Gavaudan Holding...

https://www.globenewswire.com/news-release/2023/11/29/2787468/0/en/BGHL-GBP-NAV-s.html

https://ml-eu.globenewswire.com/Resource/Download/7ff2e5c8-e18b-440d-9baa-62983aef9475

2023-11-29 06:30:00

BOUSSARD &amp; GAVAUDAN HOLDING LIMITED Ordinary Shares The Directors of Boussard &amp; Gavaudan Holding Limited would like to announce the following information for the Company. Close of busines… [+5016 chars]

United States

BOUSSARD & GAVAUDAN HOLDING LIMITED Ordinary Shares The Directors of Boussard & Gavaudan Holding Limited would like to announce the following information for the Company. Close of business 28 Nov 2023. Estimated NAV NAV and returns are calculated net of management and performance fees Market information Transactions in own securities purchased into treasury BGHL Capital Estimated BG Fund NAV The Class B Euro Shares of BG Fund are not subject to investment manager fees, as the Investment Manager receives management fees and performance fees in respect of its role as Investment Manager of BGHL. For further information please contact: Boussard & Gavaudan Investment Management, LLP.Emmanuel Gavaudan +44 (0) 20 3751 5389 Email :info@bgam-uk.com The Company is established as a closed-ended investment company domiciled in Guernsey. The Company has received the necessary approval of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. The Company is registered with the Dutch Authority for the Financial Markets as a collective investment scheme pursuant to article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Act (Wet op het financieel toezicht). The shares of the Company (the "Shares") are listed on Euronext Amsterdam. The Shares are also listed on the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange plc's main market for listed securities. This is not an offer to sell or a solicitation of any offer to buy any securities in the United States or in any other jurisdiction. This announcement is not intended to and does not constitute, or form part of, any offer or invitation to purchase any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of the securities referred to in this announcement in any jurisdiction in contravention of applicable law. Neither the Company nor BG Fund ICAV has been, and neither will be, registered under the US Investment Company Act of 1940, as amended (the "Investment Company Act"). In addition the securities referenced in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"). Consequently any such securities may not be offered, sold or otherwise transferred within the United States or to, or for the account or benefit of, US persons except in accordance with the Securities Act or an exemption therefrom and under circumstances which will not require the issuer of such securities to register under the Investment Company Act. No public offering of any securities will be made in the United States. You should always bear in mind that: This communication is for information purposes only and the information contained in this communication should not be relied upon as a substitute for financial or other professional advice. Attachment

777973

the-times-of-india

The Times of India

ET Online

United States starts prep to turn your visa paperless; will this make your life easier?

The pilot project has showcased promising results, with visitors successfully navigating the process, particularly for immigrant visas. However, Stufft clarified that widespread adoption of paperless visas will take time, estimating around 18 months or longer.

https://economictimes.indiatimes.com/nri/migrate/united-states-starts-prep-to-turn-your-visa-paperless-will-this-make-your-life-easier/articleshow/105583051.cms

2023-11-29 06:05:36

In a significant move towards modernizing the visa process, the Biden administration has successfully completed a pilot project for issuing "paperless visas," potentially eliminating the need for phy… [+2086 chars]

United States

In a significant move towards modernizing the visa process, the Biden administration has successfully completed a pilot project for issuing "paperless visas," potentially eliminating the need for physical visa stamps or pasting on passport pages. The initial phase took place at the diplomatic mission in Dublin, with plans to gradually implement this innovative approach. Julie Stufft, Deputy Assistant Secretary of State for Visa Services, shared insights during a media round table organized by the Foreign Press Centre, saying, "We did our first small scope pilot of a paperless visa , which means that the visa process is the same but there's no physical visa in someone's passport." She emphasized that while the process remains the same, the absence of a physical paper in the passport is a notable shift. The pilot project has showcased promising results, with visitors successfully navigating the process, particularly for immigrant visas. However, Stufft clarified that widespread adoption of paperless visas will take time, estimating around 18 months or longer. The eventual goal is to have an application or similar solution that allows individuals to showcase their visa status without a physical paper in their passport. When asked about the inclusion of Indian nationals in this initiative, Stufft expressed optimism, stating, "I hope as soon as possible." However, she emphasized that this is a long-term project and widespread use may not be expected for another year or more. Differentiating it from India's e-visas, Stufft clarified that the U.S. process maintains the same visa application steps up to the point of the physical paper. An interview is still required by law, and the application process remains consistent. The key distinction lies in the absence of a physical paper in the case of a paperless visa. The benefits of this initiative are expected to be substantial, simplifying the renewal process without requiring physical documents. The pilot, initiated in Dublin, will gradually expand to include other types of visas and extend to various regions worldwide. While the shift to paperless visas is a step-by-step process, it represents a forward-looking approach in enhancing the efficiency and convenience of the visa application and renewal process. Experience Your Economic Times Newspaper, The Digital Way! Wednesday, 29 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition For More Capital, Byju’s Must Pass a Tough Test Top shareholders at Byju’s have demanded the company meet certain conditions before they consider any future capital infusion into the beleaguered edtech firm that is battling a deepening fund crunch, people in the know of the matter said. Virtual Influencers Now Making Real Money? AI, AI, Sir! As social media influencers, Kyra and Naina have hit the big time. Only thing is, they’re not actually real — not entirely anyway. Titan, Realme, MG Motors and Boat are paying a premium to advertise through 3D-animated humans, or virtual influences, who have become quite the phenomenon on Instagram with views of up to 21 million for their reels. Timing of Burmans’ Open Offer Fishy: Religare Ind Director Ahmed Hamid Ahmed, an independent member on the Religare Enterprises board, has described the timing of the Burman family open offer to buy more shares as ‘fishy’ in the first such media comments by any of the independent directors at the financial services company the founder-promoters of Dabur are seeking to control. Read More News on united states visa paperless visa us visa paperless visa us (Catch all the US News , UK News , Canada News , International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Gold prices will be impacted by Fed moves, geopolitical scenarios and upcoming polls From the Internet to cloud to AI: the musical chair of strategy and performance in Indian IT industry How a humble bamboo can transform real-estate sector’s messy carbon problems Silent killer: India gasps for breath as COPD spreads to rural areas, affects non-smokers. 3 insights to kick-start your day, featuring PhonePe’s latest big move Stock Radar: 11% rally in a month! This heavy equipment maker is likely to surpass Rs 5,000 levels to hit fresh highs 1 2 3 View all Stories

778037

nan

ETF Daily News

MarketBeat News

United Bankshares, Inc. (NASDAQ:UBSI) Shares Acquired by Guggenheim Capital LLC

Guggenheim Capital LLC increased its position in shares of United Bankshares, Inc. (NASDAQ:UBSI – Free Report) by 7.1% during the second quarter, Holdings Channel reports. The fund owned 123,950 shares of the financial services provider’s stock after acquirin…

https://www.etfdailynews.com/2023/11/29/united-bankshares-inc-nasdaqubsi-shares-acquired-by-guggenheim-capital-llc/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/united-bankshares-logo.gif&w=240&h=240&zc=2

2023-11-29 13:00:45

Guggenheim Capital LLC increased its position in shares of United Bankshares, Inc. (NASDAQ:UBSI – Free Report) by 7.1% during the second quarter, Holdings Channel reports. The fund owned 123,950 shar… [+4922 chars]

United States

Guggenheim Capital LLC increased its position in shares of United Bankshares, Inc. (NASDAQ:UBSI–Free Report) by 7.1% during the second quarter,Holdings Channelreports. The fund owned 123,950 shares of the financial services provider’s stock after acquiring an additional 8,214 shares during the quarter. Guggenheim Capital LLC’s holdings in United Bankshares were worth $3,678,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. lifted its stake in shares of United Bankshares by 0.3% during the 1st quarter. BlackRock Inc. now owns 19,825,470 shares of the financial services provider’s stock worth $697,857,000 after purchasing an additional 51,225 shares during the period. State Street Corp lifted its position in United Bankshares by 3.6% during the first quarter. State Street Corp now owns 14,758,953 shares of the financial services provider’s stock worth $524,767,000 after buying an additional 515,033 shares during the period. Vanguard Group Inc. boosted its stake in United Bankshares by 0.9% in the 3rd quarter. Vanguard Group Inc. now owns 13,726,992 shares of the financial services provider’s stock worth $490,739,000 after buying an additional 127,760 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in United Bankshares by 3.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,439,537 shares of the financial services provider’s stock valued at $261,871,000 after buying an additional 234,428 shares during the period. Finally, Earnest Partners LLC increased its stake in shares of United Bankshares by 2.7% during the 2nd quarter. Earnest Partners LLC now owns 3,220,100 shares of the financial services provider’s stock valued at $95,540,000 after acquiring an additional 85,887 shares during the last quarter. 71.63% of the stock is owned by hedge funds and other institutional investors. UBSI stockopened at $33.10 on Wednesday. The company has a market cap of $4.47 billion, a PE ratio of 11.57 and a beta of 1.02. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.30. The stock has a 50-day moving average price of $29.04 and a two-hundred day moving average price of $30.05. United Bankshares, Inc. has a 12-month low of $25.35 and a 12-month high of $43.08. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverUnited Bankshares (NASDAQ:UBSI–Get Free Report) last released its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.06. The business had revenue of $262.11 million for the quarter, compared to analyst estimates of $256.20 million. United Bankshares had a return on equity of 8.40% and a net margin of 26.26%. The company’s revenue was down 4.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.76 EPS. As a group, research analysts predict that United Bankshares, Inc. will post 2.79 EPS for the current year. The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Friday, December 8th will be paid a dividend of $0.37 per share. This is an increase from United Bankshares’s previous quarterly dividend of $0.36. This represents a $1.48 annualized dividend and a yield of 4.47%. The ex-dividend date of this dividend is Thursday, December 7th. United Bankshares’s payout ratio is currently 50.35%. Separately,StockNews.comassumed coverage on shares of United Bankshares in a research report on Thursday, October 5th. They issued a “sell” rating on the stock. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $36.25. Get Our Latest Research Report on United Bankshares (Free Report) United Bankshares, Inc, a financial holding company, primarily provides commercial and retail banking products and services in the United States. It operates through two segments, Community Banking and Mortgage Banking. The company accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, NOW accounts, and interest-bearing checking accounts. Want to see what other hedge funds are holding UBSI?Visit HoldingsChannel.comto get the latest 13F filings and insider trades for United Bankshares, Inc. (NASDAQ:UBSI–Free Report).

778038

nan

ETF Daily News

MarketBeat News

United Bankshares, Inc. (NASDAQ:UBSI) Shares Purchased by Guggenheim Capital LLC

Guggenheim Capital LLC lifted its holdings in United Bankshares, Inc. (NASDAQ:UBSI – Free Report) by 7.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12…

https://www.etfdailynews.com/2023/11/29/united-bankshares-inc-nasdaqubsi-shares-purchased-by-guggenheim-capital-llc/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/united-bankshares-logo.gif&w=240&h=240&zc=2

2023-11-29 13:00:42

Guggenheim Capital LLC lifted its holdings in United Bankshares, Inc. (NASDAQ:UBSI – Free Report) by 7.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securitie… [+4645 chars]

United States

Guggenheim Capital LLC lifted its holdings in United Bankshares, Inc. (NASDAQ:UBSI–Free Report) by 7.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 123,950 shares of the financial services provider’s stock after purchasing an additional 8,214 shares during the period. Guggenheim Capital LLC owned about 0.09% of United Bankshares worth $3,678,000 as of its most recent filing with the Securities & Exchange Commission. A number of other large investors also recently bought and sold shares of UBSI. State Street Corp increased its position in shares of United Bankshares by 24.5% in the first quarter. State Street Corp now owns 14,156,275 shares of the financial services provider’s stock valued at $498,550,000 after buying an additional 2,782,694 shares in the last quarter. Norges Bank acquired a new stake in United Bankshares in the 4th quarter valued at $36,440,000. Vanguard Group Inc. increased its holdings in United Bankshares by 4.8% in the 1st quarter. Vanguard Group Inc. now owns 13,508,712 shares of the financial services provider’s stock worth $471,184,000 after acquiring an additional 624,816 shares in the last quarter. BlackRock Inc. raised its position in United Bankshares by 2.7% during the first quarter. BlackRock Inc. now owns 18,874,678 shares of the financial services provider’s stock worth $658,348,000 after acquiring an additional 495,652 shares during the period. Finally, Morgan Stanley raised its position in United Bankshares by 38.7% during the fourth quarter. Morgan Stanley now owns 1,390,832 shares of the financial services provider’s stock worth $56,315,000 after acquiring an additional 388,313 shares during the period. Institutional investors and hedge funds own 71.63% of the company’s stock. Separately,StockNews.comassumed coverage on shares of United Bankshares in a research report on Thursday, October 5th. They issued a “sell” rating on the stock. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $36.25. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverRead Our Latest Analysis on UBSI Shares ofUBSIopened at $33.10 on Wednesday. The stock has a 50 day moving average price of $29.04 and a 200 day moving average price of $30.05. United Bankshares, Inc. has a one year low of $25.35 and a one year high of $43.08. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.96 and a current ratio of 0.96. The stock has a market capitalization of $4.47 billion, a price-to-earnings ratio of 11.57 and a beta of 1.02. United Bankshares (NASDAQ:UBSI–Get Free Report) last announced its earnings results on Wednesday, October 25th. The financial services provider reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.06. The company had revenue of $262.11 million for the quarter, compared to analysts’ expectations of $256.20 million. United Bankshares had a net margin of 26.26% and a return on equity of 8.40%. The firm’s quarterly revenue was down 4.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.76 EPS. Equities research analysts forecast that United Bankshares, Inc. will post 2.79 earnings per share for the current fiscal year. The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Friday, December 8th will be issued a dividend of $0.37 per share. This is a boost from United Bankshares’s previous quarterly dividend of $0.36. This represents a $1.48 annualized dividend and a dividend yield of 4.47%. The ex-dividend date of this dividend is Thursday, December 7th. United Bankshares’s payout ratio is currently 50.35%. (Free Report) United Bankshares, Inc, a financial holding company, primarily provides commercial and retail banking products and services in the United States. It operates through two segments, Community Banking and Mortgage Banking. The company accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, NOW accounts, and interest-bearing checking accounts.

778092

nan

ETF Daily News

MarketBeat News

Hsbc Holdings PLC Buys 21,995 Shares of United Therapeutics Co. (NASDAQ:UTHR)

Hsbc Holdings PLC increased its stake in shares of United Therapeutics Co. (NASDAQ:UTHR – Free Report) by 33.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 87…

https://www.etfdailynews.com/2023/11/29/hsbc-holdings-plc-buys-21995-shares-of-united-therapeutics-co-nasdaquthr/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/united-therapeutics-co-logo.png?v=20221107152717&w=240&h=240&zc=2

2023-11-29 14:00:42

Hsbc Holdings PLC increased its stake in shares of United Therapeutics Co. (NASDAQ:UTHR – Free Report) by 33.5% during the 2nd quarter, according to the company in its most recent 13F filing with the… [+6951 chars]

United States

Hsbc Holdings PLC increased its stake in shares of United Therapeutics Co. (NASDAQ:UTHR–Free Report) by 33.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 87,642 shares of the biotechnology company’s stock after acquiring an additional 21,995 shares during the quarter. Hsbc Holdings PLC owned approximately 0.19% of United Therapeutics worth $19,354,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other institutional investors and hedge funds have also bought and sold shares of the stock. Jackson Square Partners LLC bought a new position in United Therapeutics during the 2nd quarter worth approximately $178,000. Schroder Investment Management Group grew its position in United Therapeutics by 1.6% during the 2nd quarter. Schroder Investment Management Group now owns 146,495 shares of the biotechnology company’s stock worth $32,339,000 after acquiring an additional 2,252 shares during the last quarter. Guggenheim Capital LLC grew its position in United Therapeutics by 19.7% during the 2nd quarter. Guggenheim Capital LLC now owns 29,198 shares of the biotechnology company’s stock worth $6,445,000 after acquiring an additional 4,797 shares during the last quarter. Geode Capital Management LLC grew its position in United Therapeutics by 6.2% during the 2nd quarter. Geode Capital Management LLC now owns 806,381 shares of the biotechnology company’s stock worth $177,758,000 after acquiring an additional 47,238 shares during the last quarter. Finally, Twin Tree Management LP grew its position in United Therapeutics by 139.5% during the 2nd quarter. Twin Tree Management LP now owns 1,842 shares of the biotechnology company’s stock worth $407,000 after acquiring an additional 1,073 shares during the last quarter. 94.08% of the stock is currently owned by institutional investors. A number of brokerages have recently weighed in on UTHR. HC Wainwright reiterated a “buy” rating and issued a $300.00 price objective on shares of United Therapeutics in a research report on Thursday, August 3rd. JPMorgan Chase & Co. lifted their price objective on United Therapeutics from $290.00 to $294.00 and gave the company an “overweight” rating in a research note on Thursday, November 2nd. LADENBURG THALM/SH SH lifted their price objective on United Therapeutics from $256.00 to $268.00 and gave the company a “buy” rating in a research note on Thursday, August 3rd. Morgan Stanley lowered their price objective on United Therapeutics from $318.00 to $314.00 and set an “overweight” rating for the company in a research note on Thursday, November 2nd. Finally,StockNews.comcut United Therapeutics from a “strong-buy” rating to a “buy” rating in a research note on Friday, November 10th. One investment analyst has rated the stock with a sell rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $288.00. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverRead Our Latest Analysis on UTHR Shares ofUTHRopened at $230.39 on Wednesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.65 and a quick ratio of 4.51. United Therapeutics Co. has a one year low of $204.44 and a one year high of $283.09. The firm has a market capitalization of $10.83 billion, a P/E ratio of 12.69 and a beta of 0.57. The business has a fifty day moving average of $227.20 and a 200 day moving average of $226.63. United Therapeutics (NASDAQ:UTHR–Get Free Report) last issued its quarterly earnings data on Wednesday, November 1st. The biotechnology company reported $5.38 EPS for the quarter, topping the consensus estimate of $5.10 by $0.28. United Therapeutics had a return on equity of 17.10% and a net margin of 40.82%. The company had revenue of $609.40 million during the quarter, compared to analyst estimates of $585.82 million. During the same quarter in the previous year, the company posted $4.91 earnings per share. United Therapeutics’s revenue was up 18.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that United Therapeutics Co. will post 19.44 EPS for the current year. In other United Therapeutics news, EVPPaul A. Mahonsold 6,000 shares of the business’s stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of $222.98, for a total transaction of $1,337,880.00. Following the completion of the sale, the executive vice president now owns 36,599 shares of the company’s stock, valued at $8,160,845.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible throughthe SEC website. In other news, DirectorNilda Mesasold 383 shares of the company’s stock in a transaction dated Wednesday, September 13th. The stock was sold at an average price of $222.36, for a total value of $85,163.88. Following the completion of the transaction, the director now owns 6,303 shares of the company’s stock, valued at $1,401,535.08. The transaction was disclosed in a filing with the SEC, which is accessible throughthis hyperlink. Also, EVP Paul A. Mahon sold 6,000 shares of the company’s stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of $222.98, for a total value of $1,337,880.00. Following the completion of the transaction, the executive vice president now directly owns 36,599 shares of the company’s stock, valued at approximately $8,160,845.02. The disclosure for this sale can be foundhere. Over the last quarter, insiders sold 30,383 shares of company stock valued at $6,806,244. Company insiders own 12.50% of the company’s stock. (Free Report) United Therapeutics Corporation, a biotechnology company, engages in the development and commercialization of products to address the unmet medical needs of patients with chronic and life-threatening diseases in the United States and internationally. Its commercial therapies include Remodulin to treat patients with pulmonary arterial hypertension (PAH) to diminish symptoms associated with exercise; Tyvaso, an inhaled solution via ultrasonic nebulizer; Tyvaso DPI, an inhaled dry powder via pre-filled and single-use cartridges; Remunity Pump, a small, lightweight, durable pump and separate controller; Orenitram, a tablet dosage form of treprostinil, to delay disease progression and improve exercise capacity in PAH patients; Unituxin, a monoclonal antibody for treating high-risk neuroblastoma; and Adcirca, an oral PDE-5 inhibitor to enhance the exercise ability in PAH patients.

778107

nan

GlobeNewswire

Workhorse Group, Inc.

Workhorse Group Expands Dealer Network to Eight Partners Nationwide

CINCINNATI, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today announced it has added Colonial E…

https://www.globenewswire.com/news-release/2023/11/29/2787741/0/en/Workhorse-Group-Expands-Dealer-Network-to-Eight-Partners-Nationwide.html

https://ml.globenewswire.com/Resource/Download/aa2a96de-9c3a-40a4-91ee-e9e32b0e475a

2023-11-29 13:30:00

CINCINNATI, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (Workhorse or the Company), an American technology company focused on pioneering the transition to zero emission comm… [+7001 chars]

United States

CINCINNATI, Nov. 29, 2023 (GLOBE NEWSWIRE) --Workhorse Group Inc.(Nasdaq:WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today announced it has addedColonial Equipment CompanyandFreeway Isuzuto its growing network of dealers across the United States. The Company also announced thatFairway EVhas recently been confirmed as a Workhorse Certified Dealer. TheCertified Dealer Programis an initiative to develop an official network of verified dealers that have passed the protocols necessary to safely repair and maintain the electric components of the Company’s vehicles. The Company’s total dealer count has now grown to eight partners nationwide. Colonial Equipment Company, located in Maryland, has been servicing the Mid-Atlantic region with transportation solutions since 1982. Over this time, the business has developed strong connections with government agencies and is now partnering with Workhorse to electrify fleets across the country. Colonial Equipment Company will be Workhorse’s GSA AutoChoice provider; the GSA is a service from the U.S. General Services Administration that provides agencies with a reliable way to purchase vehicles. Freeway Isuzu, a premier Isuzu dealer located in Southern California, and Fairway EV, a female-owned electric vehicle (“EV”) dealer based in Northern California, have added Workhorse’s EVs to its respective portfolio of trucks it sells and services. In total, Workhorse now counts four dealer partners in California, the nation’s leading EV market. “The expansion of our dealer network is a critical step forward to growing our sales across the country,” said Workhorse CEO Rick Dauch. “Partnering with Colonial Equipment Company will accelerate our ability to electrify government fleets across the nation. The longstanding experience Colonial Equipment Company has working with government agencies made them the right partner for us." “Additionally, thanks to our recent HVIP approval, we are expanding our sales efforts in the growing California EV market. The addition of Freeway Isuzu as a dealer partner and Fairway EV as a Certified Dealer expands our coverage even further across the state of California. As we increase our production capacity, we look forward to working with our new partners to sell and effectively service our vehicles.” Colonial Equipment Company President Donald Combs added: “Since 1982 we’ve been committed to providing our clients with the best products from the best manufacturers. With Workhorse now part of our portfolio, we are proud to carry that commitment into the growing EV market. We are excited to offer our customers Workhorse’s market-ready vehicles.” Freeway Isuzu President John Palmieri added: “As California continues to lead in the transition to zero emission vehicles, we’ve seen an increased demand for electric alternatives from our fleet operators. Workhorse’s W4 CC and W750 each provide us with a compelling new alternative as more fleets transition to EVs.” About Colonial Equipment CompanySince 1982, Colonial Equipment Company has been providing insightful transportation solutions for all manner of companies, schools, agencies, and organizations. Colonial is in the forefront of innovation in the bus, van, and green technologies for the transportation and transit communities. Whether you need a new 14-passenger Collins Magellan MFSAB bus, a 32-passenger StarCraft Allstar XL, or are looking into converting your fleet to EV, we have the experience, expertise, and access to help you plan and execute the right solution to help you achieve your goals. With our large selection of new and used vehicles, we are ready to respond to whatever needs you may have with outstanding service and insightful recommendations. About Freeway IsuzuFreeway Isuzu, located in Corona, CA, near Orange, CA, offers a full lineup of new and used Isuzu vehicles, including cars, trucks, and SUVs for sale. Our knowledgeable Freeway Isuzu staff is dedicated and will work with you to put you behind the wheel of the Isuzu vehicle you want, at an affordable price. Feel free to browse our online inventory, request more information about our vehicles, or set up a test drive with a sales associate. Freeway Isuzu also offers vehicle financing options as well as auto body repair, service, parts, and accessories. About Fairway EVFairway EV is a certified Woman-Owned (WBENC/WOSB) and Minority Business Enterprise that provides zero-emissions solutions to corporate customers needing anything from compact low speed utility vehicles to large class 6 step vans for corporate, fleet, agriculture, delivery, and construction applications. Fairway has a state-of-the-art facility with service center, charging stations, and certified sales and service personnel as well as a team of hardworking and disciplined individuals that are fiercely passionate about the EV industry and ready to serve customers throughout northern California from infrastructure planning to sales and service. About Workhorse Group Inc.Workhorse is a technology company focused on providing ground and air-based electric vehicles to the last-mile delivery sector. As an American original equipment manufacturer, we design and build high performance, battery-electric trucks and drones. Workhorse also develops cloud-based, real-time telematics performance monitoring systems that are fully integrated with our vehicles and enable fleet operators to optimize energy and route efficiency. All Workhorse vehicles are designed to make the movement of people and goods more efficient and less harmful to the environment. For additional information visitworkhorse.com. FORWARD LOOKING STATEMENTSThis press release contains forward-looking statements reflecting our current expectations that involve risks and uncertainties. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. When used in this document, the words “anticipate,” “expect,” “plan,” “believe,” “seek,” “estimate,” “will,” and “continue” and similar expressions are intended to identify forward-looking statements. These statements involve substantial risks and uncertainties. For a further description of the risks and uncertainties relating to the business of the Company in general, see the Company’s filings with the Securities and Exchange Commission, including the Company’s Annual Report on Form 10-K for the year ended December 31, 2022 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2023, June 30, 2023 and September 30, 2023. Forward-looking statements speak only as of the date hereof. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations with regard thereto or any change in events, conditions, or circumstances on which any such statement is based, except as required by law. Media Contact:Aaron Palash / Greg KlassenJoele Frank, Wilkinson Brimmer Katcher212-355-4449 Investor Relations Contact:Matt Glover and Tom ColtonGateway Group949-574-3860WKHS@gateway-grp.com

778202

nan

GlobeNewswire

BOUSSARD AND GAVAUDAN HOLDING LIMITED (EUR)

BGHL (EUR): NAV(s)

BOUSSARD & GAVAUDAN HOLDING LIMITED Ordinary Shares The Directors of Boussard & Gavaudan Holding...

https://www.globenewswire.com/news-release/2023/11/29/2787469/0/en/BGHL-EUR-NAV-s.html

https://ml-eu.globenewswire.com/Resource/Download/08549144-cb33-4d7e-8303-42a6fbde11ee

2023-11-29 06:30:00

BOUSSARD &amp; GAVAUDAN HOLDING LIMITED Ordinary Shares The Directors of Boussard &amp; Gavaudan Holding Limited would like to announce the following information for the Company. Close of busines… [+5016 chars]

United States

BOUSSARD & GAVAUDAN HOLDING LIMITED Ordinary Shares The Directors of Boussard & Gavaudan Holding Limited would like to announce the following information for the Company. Close of business 28 Nov 2023. Estimated NAV NAV and returns are calculated net of management and performance fees Market information Transactions in own securities purchased into treasury BGHL Capital Estimated BG Fund NAV The Class B Euro Shares of BG Fund are not subject to investment manager fees, as the Investment Manager receives management fees and performance fees in respect of its role as Investment Manager of BGHL. For further information please contact: Boussard & Gavaudan Investment Management, LLP.Emmanuel Gavaudan +44 (0) 20 3751 5389 Email :info@bgam-uk.com The Company is established as a closed-ended investment company domiciled in Guernsey. The Company has received the necessary approval of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. The Company is registered with the Dutch Authority for the Financial Markets as a collective investment scheme pursuant to article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Act (Wet op het financieel toezicht). The shares of the Company (the "Shares") are listed on Euronext Amsterdam. The Shares are also listed on the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange plc's main market for listed securities. This is not an offer to sell or a solicitation of any offer to buy any securities in the United States or in any other jurisdiction. This announcement is not intended to and does not constitute, or form part of, any offer or invitation to purchase any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of the securities referred to in this announcement in any jurisdiction in contravention of applicable law. Neither the Company nor BG Fund ICAV has been, and neither will be, registered under the US Investment Company Act of 1940, as amended (the "Investment Company Act"). In addition the securities referenced in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"). Consequently any such securities may not be offered, sold or otherwise transferred within the United States or to, or for the account or benefit of, US persons except in accordance with the Securities Act or an exemption therefrom and under circumstances which will not require the issuer of such securities to register under the Investment Company Act. No public offering of any securities will be made in the United States. You should always bear in mind that: This communication is for information purposes only and the information contained in this communication should not be relied upon as a substitute for financial or other professional advice. Attachment

778221

nan

ETF Daily News

MarketBeat News

Cementos Argos S.A. (CMTOY) To Go Ex-Dividend on December 1st

Cementos Argos S.A. (OTCMKTS:CMTOY – Get Free Report) declared a dividend on Thursday, November 23rd, NASDAQ reports. Stockholders of record on Monday, December 4th will be paid a dividend of 0.0823 per share on Thursday, December 14th. The ex-dividend date o…

https://www.etfdailynews.com/2023/11/29/cementos-argos-s-a-cmtoy-to-go-ex-dividend-on-december-1st/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/cementos-argos-sa-logo.png&w=240&h=240&zc=2

2023-11-29 12:36:48

Cementos Argos S.A. (OTCMKTS:CMTOY – Get Free Report) declared a dividend on Thursday, November 23rd, NASDAQ reports. Stockholders of record on Monday, December 4th will be paid a dividend of 0.0823 … [+1097 chars]

United States

Cementos Argos S.A.(OTCMKTS:CMTOY–Get Free Report) declared a dividend on Thursday, November 23rd,NASDAQreports. Stockholders of record on Monday, December 4th will be paid a dividend of 0.0823 per share on Thursday, December 14th. The ex-dividend date of this dividend is Friday, December 1st. This is a positive change from Cementos Argos’s previous dividend of $0.08. Shares ofOTCMKTS CMTOYopened at $6.26 on Wednesday. Cementos Argos has a 12 month low of $1.60 and a 12 month high of $7.23. The business has a 50-day moving average of $5.84 and a 200-day moving average of $5.20. (Get Free Report) Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverCementos Argos SA offers cement, concrete, aggregates, ready-mix concrete, and hydrated lime products in Colombia, the Caribbean, Central America, and the United States. The company also engages in the reinsurance; property management; transport; and seaports operation businesses. In addition, it exports its products.

778223

nan

ETF Daily News

MarketBeat News

Clearway Energy Inc (NYSE:CWEN.A) Declares Quarterly Dividend of $0.40

Clearway Energy Inc (NYSE:CWEN.A – Get Free Report) announced a quarterly dividend on Wednesday, November 1st, NASDAQ reports. Investors of record on Friday, December 1st will be given a dividend of 0.3964 per share on Friday, December 15th. This represents a…

https://www.etfdailynews.com/2023/11/29/clearway-energy-inc-nysecwen-a-declares-quarterly-dividend-of-0-40/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/clearway-energy-inc-logo.png?v=20220603173024&w=240&h=240&zc=2

2023-11-29 13:32:45

Clearway Energy Inc (NYSE:CWEN.A – Get Free Report) announced a quarterly dividend on Wednesday, November 1st, NASDAQ reports. Investors of record on Friday, December 1st will be given a dividend of … [+1369 chars]

United States

Clearway Energy Inc(NYSE:CWEN.A–Get Free Report) announced a quarterly dividend on Wednesday, November 1st,NASDAQreports. Investors of record on Friday, December 1st will be given a dividend of 0.3964 per share on Friday, December 15th. This represents a $1.59 dividend on an annualized basis and a yield of 6.54%. The ex-dividend date is Thursday, November 30th. This is an increase from Clearway Energy’s previous quarterly dividend of $0.39. Shares ofNYSE CWEN.Aopened at $24.24 on Wednesday. The firm’s 50-day simple moving average is $20.76 and its 200 day simple moving average is $24.11. Separately, TheStreet cut Clearway Energy from a “b-” rating to a “c” rating in a report on Tuesday, August 8th. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverCheck Out Our Latest Report on CWEN.A (Get Free Report) Clearway Energy, Inc, through its subsidiaries, acquires, owns, and operates contracted renewable energy and conventional generation, and thermal infrastructure assets in the United States. As of December 31, 2018, it had contracted generation portfolio of 5,272 net megawatts (MWs) of wind, solar, and natural gas-fired power generation facilities, as well as district energy systems.

778227

nan

ETF Daily News

MarketBeat News

Arch Therapeutics, Inc. (OTCMKTS:ARTH) Short Interest Update

Arch Therapeutics, Inc. (OTCMKTS:ARTH – Get Free Report) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 19,500 shares, an increase of 828.6% from the October 31st total…

https://www.etfdailynews.com/2023/11/29/arch-therapeutics-inc-otcmktsarth-short-interest-update/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/arch-therapeutics-inc-logo.png&w=240&h=240&zc=2

2023-11-29 12:22:41

Arch Therapeutics, Inc. (OTCMKTS:ARTH – Get Free Report) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 19,5… [+1139 chars]

United States

Arch Therapeutics, Inc. (OTCMKTS:ARTH–Get Free Report) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 19,500 shares, an increase of 828.6% from the October 31st total of 2,100 shares. Based on an average daily volume of 27,700 shares, the days-to-cover ratio is currently 0.7 days. Shares ofOTCMKTS ARTHopened at $4.00 on Wednesday. Arch Therapeutics has a 52-week low of $0.39 and a 52-week high of $10.80. The business has a 50-day moving average price of $1.73 and a 200 day moving average price of $2.11. (Get Free Report) Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverArch Therapeutics, Inc, together with its subsidiaries, operates as a biotechnology company in the United States. The company develops and markets products based on its AC5 self-assembling technology platform to stop bleeding and control leaking, as well as manages wounds during surgery, trauma, and interventional care or from disease.

778251

the-times-of-india

The Times of India

The Feed

Mystery dog respiratory illness in US: Check symptoms of infection, safety tips for dog owners

A mysterious respiratory disease among dogs is gripping many parts of the United States. Experts have termed it highly contagious which may also lead to death. Pet owners have been advised to look out for symptoms and approach their vets in case they notice o…

https://economictimes.indiatimes.com/news/international/us/mystery-dog-respiratory-illness-in-us-check-symptoms-of-infection-safety-tips-for-dog-owners/articleshow/105598710.cms

2023-11-29 13:32:56

A mysterious and highly contagious canine respiratory illness has been reported from several parts of the United States. This illness has been affecting the dogs which is becoming a cause of concern … [+1673 chars]

United States

A mysterious and highly contagious canine respiratory illness has been reported from several parts of the United States. This illness has been affecting the dogs which is becoming a cause of concern for dog owners. The number of sick dogs has been rising from Oregon to Florida in the United States. The symptoms shown by dogs are similar to that of kennel cough and fourteen states in the US have so far reported cases. The cause of concern regarding the illness is that unlike the common infectious respiratory disease complex, this is not responding to the usual treatments. According to Animal health officials, they are still trying to find out the cause of the illness and how they can be treated. In some cases it has been found that the illness was causing pneumonia and even death in canines. It may be mentioned that since mid-August, more than 200 cases of the mysterious illness have been reported from Oregon alone. Dog owners have been advised to look out for these symptoms for dog respiratory illness in their pets. The symptoms include coughing, lethargy, nasal and eye discharge, sneezing, difficulty in breathing, rapid breathing, wheezing or nasal whistling, dehydration, fever, loss of appetite, and weight loss. According to experts, if pet parents see any of the above symptoms in their dogs, they should immediately contact their vets. The mysterious respiratory illness has been reported/ confirmed from 14 states and these are : California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Maryland, Massachusetts, New Hampshire, Oregon, Rhode Island , Vermont , and Washington. FAQs: Q1. What is a Kennel cough? A1. Kennel Cough is a respiratory disease that results from inflammation of the trachea. Q2. Is mystery dog respiratory illness contagious? A2. Yes, according to experts, it can lead to affecting other dogs who come in contact with an ill dog. Disclaimer Statement: This content is authored by a 3rd party. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated, and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein. Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on dog respiratory illness 2023 kennel cough dog respiratory illness dog respiratory illness infection dog respiratory infection treatment vermont rhode island (Catch all the US News , UK News , Canada News , International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Four signals from the OpenAI mess that the government, big tech, and you cannot ignore. Light at the end of the tunnel: Higher plant utilisation sending a current through power stocks How COP28 is set to facilitate syncing of corporate India’s green journey and business trajectory. Wings or Sting? Energy drinks market heats up as Red Bull, PepsiCo jostle to grab a cool share. 3 insights to kick-start your day, featuring Amazon’s India journey Stock Radar: IEX has given breakout from a descending triangle pattern; where is the stock headed? 1 2 3 View all Stories

778259

nan

ETF Daily News

MarketBeat News

PEDEVCO (NYSE:PED) Now Covered by StockNews.com

StockNews.com began coverage on shares of PEDEVCO (NYSE:PED – Free Report) in a research note issued to investors on Saturday morning. The brokerage issued a sell rating on the stock. PEDEVCO Stock Down 1.6 % Shares of PEDEVCO stock opened at $0.83 on Friday.…

https://www.etfdailynews.com/2023/11/29/pedevco-nyseped-now-covered-by-stocknews-com/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/pedevco-corp-logo.png?v=20231017055649&w=240&h=240&zc=2

2023-11-29 06:54:47

StockNews.com began coverage on shares of PEDEVCO (NYSE:PED – Free Report) in a research note issued to investors on Saturday morning. The brokerage issued a sell rating on the stock. PEDEVCO Stock … [+1368 chars]

United States

StockNews.combegan coverage on shares ofPEDEVCO (NYSE:PED–Free Report)in a research note issued to investors on Saturday morning. The brokerage issued a sell rating on the stock. Shares ofPEDEVCO stockopened at $0.83 on Friday. PEDEVCO has a 1 year low of $0.80 and a 1 year high of $1.20. The stock has a 50-day simple moving average of $0.92. The company has a market capitalization of $72.07 million, a P/E ratio of 27.53 and a beta of 1.24. PEDEVCO (NYSE:PED–Get Free Report) last posted its quarterly earnings data on Thursday, November 9th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). The firm had revenue of $7.33 million for the quarter, compared to the consensus estimate of $7.21 million. PEDEVCO had a return on equity of 3.56% and a net margin of 10.97%. On average, equities research analysts expect that PEDEVCO will post 0.08 EPS for the current fiscal year. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold Forever(Get Free Report) PEDEVCO Corp., an oil and gas company, focuses on the acquisition, development, and production of oil and natural gas assets in the United States. The company is headquartered in Houston, Texas. PEDEVCO Corp. is a subsidiary of SK Energy LLC.

778359

nan

ETF Daily News

MarketBeat News

Platinum Group Metals (TSE:PTM) Reaches New 52-Week Low at $1.31

Platinum Group Metals Ltd. (TSE:PTM – Get Free Report) (NYSE:PLG)’s share price hit a new 52-week low on Monday . The stock traded as low as C$1.31 and last traded at C$1.32, with a volume of 4547 shares. The stock had previously closed at C$1.39. Platinum Gr…

https://www.etfdailynews.com/2023/11/29/platinum-group-metals-tseptm-reaches-new-52-week-low-at-1-31/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/platinum-group-metals-limited-logo.jpg&w=240&h=240&zc=2

2023-11-29 13:40:42

Platinum Group Metals Ltd. (TSE:PTM – Get Free Report) (NYSE:PLG)’s share price hit a new 52-week low on Monday . The stock traded as low as C$1.31 and last traded at C$1.32, with a volume of 4547 sh… [+1061 chars]

South Africa

Platinum Group Metals Ltd. (TSE:PTM–Get Free Report) (NYSE:PLG)’s share price hit a new 52-week low on Monday . The stock traded as low as C$1.31 and last traded at C$1.32, with a volume of 4547 shares. The stock had previously closed at C$1.39. The firm has a market capitalization of C$143.32 million, a price-to-earnings ratio of -20.00 and a beta of 1.64. The company has a debt-to-equity ratio of 0.77, a current ratio of 5.53 and a quick ratio of 11.34. The stock has a fifty day moving average of C$1.49 and a two-hundred day moving average of C$1.70. (Get Free Report) Platinum Group Metals Ltd. engages in the exploration and development of platinum and palladium properties. It explores for palladium, platinum, gold, copper, nickel, and rhodium deposits. The company holds 50.02% interest in the Waterberg project located on the Northern Limb of the Bushveld Igneous Complex, South Africa.

778367

the-times-of-india

The Times of India

PTI

Extension on cards, BCCI wants Dravid to coach team in South Africa

The BCCI is considering extending a two-year contract to Rahul Dravid. Currently, the governing body is keen on having him serve as the head coach for the upcoming tour of South Africa while finalising the details of the arrangement. India finished runners-up…

https://timesofindia.indiatimes.com/sports/cricket/news/extension-on-cards-bcci-wants-rahul-dravid-to-coach-team-in-south-africa/articleshow/105576490.cms

2023-11-29 02:23:12

Rahul Dravid analyses India's defeat in finals: "Whenever we tried to build, accelerate..."

South Africa

NEW DELHI: The BCCI is likely to offer another two-year contract to Rahul Dravid but, as of now, the governing body wants the head coach to guide the team during the tour of South Africa as the modalities are being worked on.BCCI extends contract of India head coach Rahul DravidDravid, under whose coaching India finished runners-up in both the World Test Championship (WTC) and the ODI World Cup, has had a good record in the past two years and many people in the BCCI believe that keeping him would allow the senior team to have continuity.India will tour South Africa between December 10, 2023, and January 7, 2024 for three each T20Is, ODIs and two Test matches.Talks between Dravid and BCCI"The BCCI secretary Jay Shah has had discussions with Dravid during last week. Obviously, the fine prints of the new contract are yet to be worked out."But BCCI wants Dravid to go to South Africa with the Test team," a senior BCCI office-bearer told PTI on conditions of anonymity.So, will he be ready to go for one tour without signing the contract?"The contract will be worked out but the Test series is important and even if he doesn't go for the T20I series in SA, he can join (the team) from the ODIs," the source said.'Laxman's hands are full 'In case of VVS Laxman, he might coach the team during the first phase of the series, also allowing him to have a first-hand measure of the 'A' team."Laxman's hands are full with the NCA work plus there's another U-19 World Cup coming up. There's A team tour to South Africa."He is also involved in cricketing matters with regards to construction of a new NCA facility which is at full swing," the source added.Rahul Dravid analyses India's defeat in finals: "Whenever we tried to build, accelerate..."Dravid, however, hasn't yet intimated his decision as he also has multiple offers to become Team Director/Team Mentor from IPL franchises which is hefty money with much lesser involvement.However, he may also weigh in on the good work produced by his team which also involves batting coach Vikram Rathour, bowling coach Paras Mhambrey and fielding coach T Dilip.It would be interesting to see the nature of Dravid's tenure extension, whether it will be for a year keeping the next T20 World Cup in mind or till 2025 which covers the entire on-going WTC cycle and the Champions Trophy, which is scheduled to be hosted by Pakistan for now.

778368

the-times-of-india

The Times of India

TOI Sports Desk

Kohli to take a break from white-ball games on South Africa tour: Report

Talismanic India batter Virat Kohli, who was leading run-getter of 2023 ODI World Cup and was named Player of the Tournament, is reportedly taking a break from white-ball cricket, but he will be available for the two Tests on the upcoming tour of South Africa…

https://timesofindia.indiatimes.com/sports/cricket/news/virat-kohli-to-take-a-break-from-white-ball-games-on-south-africa-tour-to-be-available-for-tests-report/articleshow/105586491.cms

2023-11-29 07:52:44

World Cup 2023 semifinal breaking: Virat Kohli scores 50th ODI ton, breaks Sachin Tendulkar's record

South Africa

NEW DELHI: Star Indian batsman Virat Kohli, the top run-scorer in the 2023 ODI World Cup and the Player of the Tournament, is said to be opting for a break from white-ball cricket. However, he is set to make himself available for the two Tests during the upcoming tour of South Africa.According to The Indian Express, Kohli has informed the BCCIthat he won't be participating in the white-ball matches during the South Africa tour.The tour kicks off with a three-match T20I series, followed by a three-game ODI series. It concludes with the Boxing Day and New Year Tests at Centurion and Cape Town, respectively."He (Kohli) has informed the BCCI and selectors that he needs a break from white-ball cricket and he will get back to them about when he wants to play white ball cricket next. At the moment he has informed the BCCI that he will be playing red-ball cricket, which means he is available for selection for the two Test matches in South Africa," a source was quoted as saying in the report.Kohli delivered an outstanding performance in the ODI World Cup hosted at home, accumulating an impressive total of 765 runs in 11 innings. This included three centuries, surpassing the legendary Sachin Tendulkar for the most number of ODI centuries by a batter. Currently, Kohli is enjoying a holiday in London.Before the World Cup, Kohli and Rohit Sharma were granted a break from first two ODIs against Australia in September, with the duo returning for the final game of the series in Rajkot.The report added that there is no clarity yet on skipper Rohit being available for white-ball matches on the tour of South Africa starting from December 10.World Cup 2023 semifinal breaking: Virat Kohli scores 50th ODI ton, breaks Sachin Tendulkar's recordLike Kohli, Rohit is on a break in the United Kingdom post the World Cup. The report further said BCCI secretary Jay Shah will be speaking soon to Rohit and chairman of selectors Ajit Agarkar to discuss the future roadmap of the Indian team.(With IANS Inputs)

778373

nan

GlobeNewswire

Fairfield Consultancy Services OPC Pvt Ltd

Solar PV Supply Chain Market to Reach a Valuation of US$318.3 Bn in 2030, Forecasts Fairfield Market Research

The solar PV supply chain market, on a robust growth trajectory, is driven by technological advancements, cost reductions, and supportive government policies. Fairfield Market Research in a new report says both Asia Pacific, and North America are the most sig…

https://www.globenewswire.com/news-release/2023/11/29/2787842/0/en/Solar-PV-Supply-Chain-Market-to-Reach-a-Valuation-of-US-318-3-Bn-in-2030-Forecasts-Fairfield-Market-Research.html

https://ml.globenewswire.com/Resource/Download/f8380f43-70ab-44f6-ab21-940a6ff6f63b

2023-11-29 14:12:00

London, Nov. 29, 2023 (GLOBE NEWSWIRE) -- The global solar PV supply chain market is set for an impressive trajectory, with revenue estimated to reach US$318.3 Bn by 2030, marking a substantial rise … [+6970 chars]

South Africa

London, Nov. 29, 2023 (GLOBE NEWSWIRE) -- The globalsolar PV supply chain marketis set for an impressive trajectory, with revenue estimated to reachUS$318.3 Bn by 2030, marking a substantial rise from theUS$125.8 Bnthat has been achieved in 2022. Anticipated to witness a commendableCAGR of 12.3% between 2023 and 2030, the market growth is primarily fuelled by the swift developments in the renewable energy sector, and supportive government initiatives that promote solar adoption to a notable extent. Notably, technological advancements in solar PV components, especially in solar cells and inverters, have streamlined supply chain processes, enhancing efficiency and lowering costs. Get Sample Copy of Report at:https://www.fairfieldmarketresearch.com/report/solar-pv-supply-chain-market/request-sample REPORT SCOPE "The market has been flourishing on the back of strengthening government support, and rapidly heightening environmental consciousness. As solar adoption becomes integral to global energy strategies, the supply chain's efficiency and cost-effectiveness are paramount,”remarks the company’s analyst. Key Research Insights Insights into Segmentation Analysis Dominance of Solar Cell, and Polysilicon Growth The solar PV supply chain market is dominated by the solar cell category, especially monocrystalline and polycrystalline silicon cells, driven by ongoing technological advancements, cost reductions, and government incentives. Solar polysilicon is expected to experience the fastest growth as industries and countries shift towards renewable energy, increasing the demand for solar PV systems. Residential Sector Leading the Way The residential segment is set to lead the solar PV supply chain, fueled by heightened awareness of climate change. Homeowners are embracing solar power to generate clean, renewable energy, reducing reliance on fossil fuels. The commercial and industrial (C&I) segment is the fastest-growing as the costs continue to decline, and policies are favourable, making solar PV financially viable for businesses. For More Industry Insights Read:https://www.fairfieldmarketresearch.com/report/solar-pv-supply-chain-market Key Report Highlights Insights into Regional Analysis Asia Pacific's Pre-eminence is Intact The Asia Pacific region, especially China, India, Japan, South Korea, and Australia, contributes the most revenue to the global solar PV supply chain market. Large investments in manufacturing facilities, research and development, and solar energy infrastructure have fueled the region's growth. China, in particular, has dominated the market in solar PV production and export. North America's Upward Trend North America is the fastest-growing region, driven by a surge in solar PV installations and a focus on renewable energy. Government incentives, subsidies, and tax benefits are encouraging solar adoption, accelerating market growth. Pro-solar regulations, sustainability goals, advances in technology, falling installation costs, and growing public awareness are key factors influencing North America's solar PV market. Major Competitors in Solar PV Supply Chain Industry ABB Group, Trina Solar Limited, Canadian Solar Inc., JinkoSolar Holding Co. Ltd., J.A. Solar Holdings Co. Ltd., First Solar Inc., Risen Energy Co. Ltd., LONGi Green Energy Technology Co. Ltd., SunPower Corporation, LG Chem Ltd. A., Huawei Technologies Co. Ltd., Hanwha Q CELLS Co. Ltd., REC Silicon ASA, Enphase Energy Inc., and SMA Solar Technology AG are some of the leaders in the global market for solar PV supply chain. BrowseGlobal Solar PV Supply Chain Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Type Coverage, By Application Coverage, By Geographic Coverage and By Company):https://www.fairfieldmarketresearch.com/report/solar-pv-supply-chain-market BrowseSimilar Reports: About Us Fairfield Market Researchis a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness. Contact Fairfield Market ResearchLondon, UKUK +44 (0)20 30025888USA (Toll-free) +1 (844) 3829746Web:https://www.fairfieldmarketresearch.com/Email:sales@fairfieldmarketresearch.comLinkedIn|Twitter

778429

nan

ETF Daily News

MarketBeat News

Ball Co. (NYSE:BALL) Shares Sold by State Board of Administration of Florida Retirement System

State Board of Administration of Florida Retirement System lowered its position in shares of Ball Co. (NYSE:BALL – Free Report) by 3.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The …

https://www.etfdailynews.com/2023/11/29/ball-co-nyseball-shares-sold-by-state-board-of-administration-of-florida-retirement-system/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/ball-corp-logo.jpg?v=20220511075000&w=240&h=240&zc=2

2023-11-29 13:10:46

State Board of Administration of Florida Retirement System lowered its position in shares of Ball Co. (NYSE:BALL – Free Report) by 3.1% in the second quarter, according to its most recent Form 13F fi… [+5200 chars]

South Africa

State Board of Administration of Florida Retirement System lowered its position in shares of Ball Co. (NYSE:BALL–Free Report) by 3.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 337,617 shares of the company’s stock after selling 10,793 shares during the quarter. State Board of Administration of Florida Retirement System owned approximately 0.11% of Ball worth $19,653,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also made changes to their positions in the company. Charles Schwab Investment Management Inc. lifted its stake in shares of Ball by 2.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,680,025 shares of the company’s stock worth $92,586,000 after buying an additional 44,526 shares in the last quarter. Treasurer of the State of North Carolina lifted its stake in Ball by 0.6% in the 1st quarter. Treasurer of the State of North Carolina now owns 139,229 shares of the company’s stock worth $7,673,000 after purchasing an additional 870 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new position in Ball in the 1st quarter worth approximately $495,000. Assetmark Inc. boosted its holdings in shares of Ball by 52.9% during the 1st quarter. Assetmark Inc. now owns 28,807 shares of the company’s stock worth $1,588,000 after purchasing an additional 9,967 shares during the last quarter. Finally, IFM Investors Pty Ltd grew its position in shares of Ball by 4.0% in the second quarter. IFM Investors Pty Ltd now owns 61,439 shares of the company’s stock valued at $3,576,000 after purchasing an additional 2,336 shares in the last quarter. Hedge funds and other institutional investors own 84.79% of the company’s stock. A number of research firms have weighed in on BALL. JPMorgan Chase & Co. lowered their price objective on Ball from $57.00 to $56.00 and set a “neutral” rating on the stock in a research note on Thursday, August 10th. Wells Fargo & Company dropped their price objective on shares of Ball from $55.00 to $46.00 and set an “equal weight” rating for the company in a report on Thursday, October 19th. Credit Suisse Group downgraded shares of Ball from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $65.00 to $58.00 in a research note on Wednesday, September 13th. Jefferies Financial Group dropped their price target on shares of Ball from $64.00 to $63.00 and set a “buy” rating for the company in a research note on Wednesday, October 18th. Finally, Citigroup lifted their price target on shares of Ball from $60.00 to $63.00 and gave the company a “neutral” rating in a research report on Friday, August 4th. Eight equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, Ball presently has a consensus rating of “Hold” and an average target price of $58.40. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverCheck Out Our Latest Stock Analysis on BALL NYSE:BALLopened at $53.69 on Wednesday. Ball Co. has a fifty-two week low of $42.81 and a fifty-two week high of $62.14. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.55 and a current ratio of 0.81. The company has a 50 day moving average price of $48.79 and a 200 day moving average price of $52.93. The stock has a market capitalization of $16.93 billion, a P/E ratio of 27.96, a PEG ratio of 3.73 and a beta of 0.85. Ball (NYSE:BALL–Get Free Report) last released its quarterly earnings results on Thursday, November 2nd. The company reported $0.83 EPS for the quarter, topping the consensus estimate of $0.82 by $0.01. The business had revenue of $3.57 billion during the quarter, compared to analyst estimates of $3.88 billion. Ball had a return on equity of 21.44% and a net margin of 4.29%. Equities research analysts forecast that Ball Co. will post 2.9 EPS for the current year. The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.80 annualized dividend and a dividend yield of 1.49%. Ball’s dividend payout ratio is presently 41.67%. (Free Report) Ball Corp. provides metal packaging for beverages, foods, and household products. It operates through the following business segments: Beverage Packaging North and Central America, Beverage Packaging South America, Beverage Packaging Europe, Middle East and Africa (EMEA), and Aerospace. The Beverage Packaging North and Central America segment includes multi-year supply contracts to fillers of carbonated soft drinks, beer, energy drinks, and other beverages. Want to see what other hedge funds are holding BALL?Visit HoldingsChannel.comto get the latest 13F filings and insider trades for Ball Co. (NYSE:BALL–Free Report).

778432

nan

GlobeNewswire

Virtual Investor Conferences

Stillwater Critical Minerals to Present at the Clean Energy and Precious Metals Virtual Investor Conference December 5th

Company invites individual and institutional investors, as well as advisors and analysts, to attend in person or online at VirtualInvestorConferences.com Company invites individual and institutional investors, as well as advisors and analysts, to attend in pe…

https://www.globenewswire.com/news-release/2023/11/29/2787769/0/en/Stillwater-Critical-Minerals-to-Present-at-the-Clean-Energy-and-Precious-Metals-Virtual-Investor-Conference-December-5th.html

https://ml.globenewswire.com/Resource/Download/861fb541-7064-4cf4-a563-37472ff71760

2023-11-29 13:35:00

VANCOUVER, British Columbia, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Stillwater Critical Minerals (OTCQB: PGEZF | TSX.V: PGE), focused on its district-scale battery and precious metals exploration project … [+4294 chars]

South Africa

VANCOUVER, British Columbia, Nov. 29, 2023 (GLOBE NEWSWIRE) --Stillwater Critical Minerals (OTCQB: PGEZF | TSX.V: PGE), focused on its district-scale battery and precious metals exploration project in Montana, USA, today announced that Michael Rowley, President & CEO, will present live at the Clean Energy and Precious Metals Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on December 5th. DATE: December 5, 2023TIME:10am PT | 1pm ETLINK:https://bit.ly/3rOONJHAvailable for 1x1 meetings: December 5-6th This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates. Learn more about the event atwww.virtualinvestorconferences.com. Company Highlights About Stillwater West Stillwater Critical Minerals (TSX-V: PGE)is focused on its flagship Stillwater West Ni-PGE-Cu-Co + Au project in the iconic and famously productive Stillwater mining district in Montana, USA, with backing from strategic investment by Glencore Mining. With the addition of two renowned Bushveld and Platreef geologists to the team, the Company is well positioned to advance the next phase of large-scale critical mineral supply from this world-class American district, building on past production of nickel, copper, and chromium, and the on-going production of platinum group and other metals by neighboring Sibanye-Stillwater. An expanded NI 43-101 mineral resource estimate, released January 2023, delineates a compelling suite of critical minerals contained within five Platreef-style nickel and copper sulphide deposits at Stillwater West which host a total of 1.6 billion pounds of nickel, copper and cobalt, and 3.8 million ounces of palladium, platinum, rhodium, and gold, and remain open for expansion along trend and at depth. Assays are pending from a recently completed resource expansion drill campaign. Stillwater Critical Minerals also holds the high-grade Black Lake-Drayton Gold project adjacent to Treasury Metals’ development-stage Goliath Gold Complex in northwest Ontario, currently under an earn-in agreement with Heritage Mining, and the Kluane PGE-Ni-Cu-Co critical minerals project on trend with Nickel Creek Platinum‘s Wellgreen deposit in Canada‘s Yukon Territory. www.criticalminerals.com About Virtual Investor Conferences® Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors. Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors. CONTACTS: Stillwater Critical MineralsMichael Rowley, President & CEO1-888-432-0075 | 604-357-4790info@criticalminerals.com Virtual Investor ConferencesJohn M. ViglottiSVP Corporate Services, Investor AccessOTC Markets Group212-220-2221johnv@otcmarkets.com

778472

nan

Gizmodo.com

Thomas Germain

AI Turned These Memes Into Videos and It's the Worst Thing I've Ever Seen

Last week, Stability AI announced a new tool called Stable Video Diffusion, a model that turns images into AI-generated videos. It was only a matter of minutes before people jumped on it and started flooding the world with more content from the robotic abyss.…

https://gizmodo.com/ai-turned-memes-into-videos-stability-runway-pika-labs-1851055389

2023-11-29 13:00:00

Last week, Stability AI announced a new tool called Stable Video Diffusion, a model that turns images into AI-generated videos. It was only a matter of minutes before people jumped on it and started … [+887 chars]

world

Last week, Stability AI announced a new tool called Stable Video Diffusion, a model that turns images into AI-generated videos. It was only a matter of minutes before people jumped on it and started flooding the world with more content from the robotic abyss. For less creative internet users hoping to drum up clicks (can you imagine such a terrible creature), the most obvious use of this tool is to plug memes into the thing. Sure enough, that’s exactly what happened on Twitter—aka X—where a variety of meme-to-video AI creations went unfortunately viral. The results were about as horrific as anything you can imagine. Stable Video Diffusion is locked behind a waitlist, but there are a number of other AI tools that will turn any still image into a video for your pleasure, or your nightmares, including Pika Labs and Runway. Take a look at some of these horrifically animated memes, generated using Runway’s free tool. Click through to see some of the more Lovecraftian meme/video creations by clicking through the slideshow above, or just scroll down if you’re on a mobile device.

778492

nan

Boing Boing

Rob Beschizza

Toronto incel who murdered woman is jailed for life

Oguzhan Sert, then a 17-year-old boy obsessed with incel ideology, murdered 24-year-old mother Ashley Arzaga and stabbed another woman with a machete inscribed with "Thot Slayer." He was sent to jail for the rest of his life yesterday on a terrorism-enhanced …

https://boingboing.net/2023/11/29/toronto-incel-who-murdered-woman-is-jailed-for-life.html

2023-11-29 13:06:11

Oguzhan Sert, then a 17-year-old boy obsessed with incel ideology, murdered 24-year-old mother Ashley Arzaga and stabbed another woman with a machete inscribed with "Thot Slayer." He was sent to jail… [+1021 chars]

world

Oguzhan Sert, then a 17-year-old boy obsessed with incel ideology, murdered 24-year-old mother Ashley Arzaga and stabbed another woman with a machete inscribed with "Thot Slayer." He wassent to jail for the rest of his lifeyesterday on a terrorism-enhanced conviction that makes parole "unlikely." He pleaded guilty to murder and attempted murder in July, when justice Sukhail Akhtar found the attack, with its links to the "incel" ideology, amounted to an act of terrorism. On Tuesday, Akhtar told the court that sentencing the man as a youth would be "insufficient" to the task of pursuing accountability. The judge rejected the claim the man had been "brainwashed" by the incel movement. "He sought it out, he accepted it and he acted upon it," the judge said. Incels – virtually all of whom are male – are self-described "involuntary celibates", who subscribe to an ideology that the world is unjustly stacked against unattractive heterosexual men. Incel "celibacy" is an ideology built on expecting sex from women they identify as high-status. If you're wondering why some commentators sympathise with Incels, it's because under their veneers they share Incels' transactional and proprietary view of sex.

778554

bbc-news

BBC News

https://www.facebook.com/bbcnews

Cobre Panamá: Panama orders controversial copper mine's closure

Environmentalists warned the mine threatened water supplies and damaged Panama's coastal area.

https://www.bbc.co.uk/news/world-latin-america-67565315

2023-11-29 14:11:54

Panama has announced the closure of a controversial copper mine after the Supreme Court ruled that a 20-year concession granted to a Canadian firm to operate it was unconstitutional. The decision ha… [+2884 chars]

world

Panama has announced the closure of a controversial copper mine after the Supreme Court ruled that a 20-year concession granted to a Canadian firm to operate it was unconstitutional. The decision has been welcomed by environmentalists who said the open-pit mine threatened water supplies. Cobre Panamá is located in a biodiverse jungle area on Panama's Atlantic coast. The government's renewal of its contract with First Quantum Minerals had triggered mass protests. Environmental campaigners were joined by students, indigenous groups and labour activists. While many took part in the protests because of their concerns for the environment and opposition to mining, others were opposed to the concession granted to First Quantum, arguing it favoured the Canadian miner and did not provide enough revenue for Panama. Protesters blocked the Pan-American highway and other key roads, causing fuel and food shortages in some regions. They also used boats to create a sea blockade, preventing crucial supplies from reaching the mine, eventually forcing First Quantum, Canada's largest copper producer, to suspend its operations last week. Cobre Panamá, which has two open pits, a processing plant and its own port, is one of the largest copper mines to be opened in the past decade anywhere in the world. It began producing copper in 2019, providing around 1% of the global copper output. According to government figures, its proceeds accounted for 3.5% of Panama's GDP in 2021. The mine also employed 8,000 people directly and created indirect employment for tens of thousands more. But it has had a troubled history from the start. Environmentalists opposed the mine saying it caused destruction in a jungle area rich in biodiversity as well as depleting the water in the area. But the recent mass protests were triggered in October when Panama's Congress passed a law which approved the new contract with First Quantum. It was this law which the Supreme Court unanimously declared unconstitutional on Tuesday. President Laurentino Cortizo said on X, formerly Twitter, that he would "abide by the decision of the Supreme Court". He later announced in a televised address that his government would begin a "transition process" to shut down the mine in an "orderly and safe" fashion once it received formal notification from the court. First Quantum said it respected Panamanian law and would comment further once it studied the details of the ruling. The company added that its contract with the Panamanian government had been the result of a long and transparent negotiation process whose aim had been to mutually benefit both sides as well as guarantee the protection of the environment. Environmental activist Raisa Banfield said the ruling was a result of different groups coming together in their opposition to the mine. "Everyone did their part, those of us who knew about the environmental issue contributed, the lawyers, the farmers, our boatmen from Colon, our youth," she said.

778608

nan

Digital Trends

Joe Allen

10 best sci-fi TV characters ever, ranked

The best sci-fi TV characters are also some of the best TV characters of all time.

https://www.digitaltrends.com/movies/best-sci-fi-tv-characters-ever-ranked/

2023-11-29 14:00:15

While you may not think of genre storytelling as the most fertile ground for developing fascinating, complex characters, sci-fi TV proves the two don’t have to be mutually exclusive. Over the long hi… [+6279 chars]

world

While you may not think of genre storytelling as the most fertile ground for developing fascinating, complex characters,sci-fi TVproves the two don’t have to be mutually exclusive. Over the long history of sci-fi on television, we’ve gotten a number of hugely compelling characters who have grown and changed over the course of seasons and years. Whether these characters are human, alien, or something else entirely, each one of them has compelled us, and sometimes, they’ve even managed to worm their way into our hearts forever. Perhaps one of the less well-known characters on this list, Kerr Avon was the sardonic computer expert onBlake’s 7, anunderrated 1970s sci-fi showabout a group of outlaws doing battle against a highly powerful totalitarian state. Although the show followed a group of rebels, Avon was something like the Han Solo of this group, as he was typically motivated at least in part by self-interest. This could obviously make him a source of frustration for the other members of his crew, but it also made him one of the more compelling characters on an underseen sci-fi gem. Joss Whedon’s legacy in sci-fi is complicated, to say the least, but Captain Malcolm Reynolds undoubtedly ranks among his most fascinating creations. Being a Whedon character, one played by Nathan Fillion, Mal is often sarcastic and quick-witted. But his dedication to his crew, and to keeping them alive, is what keeps the show afloat. AlthoughFireflylasted for only a single season, it remains an important touchstone for all sci-fi fans, and that’s in large part because of the distinctive personality Mal is on the show. The newest character on this list, Eleven may not seem like she stacks up with the legends she’s among. AlthoughStranger Thingshas been far more uneven than many of the series on this list, Eleven has always been its beating heart, a character who starts almost entirely nonverbal and has to learn everything there is to know about the world around her. At her core, though, Eleven is kind and principled, someone who watches out for their friends and is fiercely loyal. Millie Bobby Brown may now be a widely known star, but her performance as Eleven is what got her there to begin with. Villains always get the best arcs. G’Kar was initially presented as a villainous character, although the storylines he was involved in were often more comical than insidious. Over the course of the series, though, G’Kar evolves into a savior for his species, an arc that actor Andreas Katsulas tackled with relish. Because there was so much growth and change for G’Kar over the course of his time on the show, he became a character that many people latched on to, and understandably so. Many, many members ofBattlestar Galactica‘s ensemble cast might warrant inclusion on this list, but Starbuck is maybe the most deserving of all. Although it may not seem quite so revolutionary today, Katee Sackhoff’s performance as a brash, cigar-chomping pilot who loves danger more than anything was a revelation when the series first aired. Even more importantly, Sackhoff made sure that Starbuck always had real dimension. She was a tomboy, but that’s far from the only thing she was. Another show rife with fascinating, complex characters,Lost‘s defining tragic hero was John Locke. Locke, who was the first to truly understand that the island he had crash-landed on was special, doesn’t live to see his destiny fulfilled, in spite of his faith that he was there for a reason. Terry O’Quinn’s performance as Locke, an angry, sad man who believes in part because he has to, was incredibly layered and mesmerizing, so much so that he earned both critical praise and an Emmy for his performance (one that he richly deserved). Star Trekis undoubtedly the most dominant franchise in the history of sci-fi TV, and Spock is the series’ signature character. He’s the one any given fan is mostly likely to recognize. Played expertly by Leonard Nimoy on both the small screen and later in a series of movies, Spock is both alien and not, a being who doesn’t understand humanity’s reliance on emotion, but becomes more and more emotional himself as the series unfolds. Spock laid out a template that many sci-fi characters have followed, and has also become an icon in and of himself. A brilliant conceit that has madeDoctor Whoa long-running franchise, the Doctor has been the only constant over the show’s decades of existence. The Doctor is an alias for a centuries-old alien being who regenerates into the form of a number of different people. Of course, each actor to play the role has added their own quirks and ticks that make their tenures with the show feel distinct. In particular,David Tennant’s Doctor Whocontinues to be a fan favorite, which is probably why he returned to the role in November, 2023. The Doctor is a character with some constants, but he’s also malleable, which is why he’s had such enduring appeal. Star Trekis the only franchise on this list to merit two inclusions, but there was simply no way to avoid adding the trusty captain ofStar Trek: The Next Generationto this list. Patrick Stewart may be one of the best actors to ever grace the entire franchise, and Picard is a highly moral, deeply logical character who proves to be the perfect yin to Captain Kirk’s yang. Picard’s love of logic, and his skill at diplomacy, don’t necessarily mean that he’s cold. He’s a fascinating, complicated character, and one that fans have loved for decades. The skeptic to David Duchovny’s Mulder, Dana Scully was always the slightly more compelling half of one of the most well-known duos in science fiction. Over the course of its many seasons,The X-Filesgained a devoted following by combining case-of-the-week procedurals with more ongoing, lore-focused stories. Scully was always skeptical of all things paranormal, and Gillian Anderson’s performance made us understand why, in spite of everything that she’s witnessed as an investigator, that skepticism was totally warranted.

778620

bbc-news

BBC News

https://www.facebook.com/bbcnews

Cristiano Ronaldo faces $1bn lawsuit over Binance ads

US class action lawsuit seeks huge damages for his promotion of the world's largest crypto exchange.

https://www.bbc.co.uk/news/technology-67566602

2023-11-29 13:48:55

Footballer Cristiano Ronaldo is facing a class action lawsuit in the US over his promotion of Binance, the largest cryptocurrency exchange in the world. The plaintiffs claim his endorsement led to t… [+4377 chars]

world

Footballer Cristiano Ronaldo is facing a class action lawsuit in the US over his promotion of Binance, the largest cryptocurrency exchange in the world. The plaintiffs claim his endorsement led them to make loss-making investments. They are seeking damages of "a sum exceeding" $1bn (£790m). The BBC has contacted both Ronaldo's management company and Binance for comment. In November 2022, Binance announced its first "CR7" collection of non-fungible tokens (NFTs) in partnership with Ronaldo, which the footballer said would reward fans "for all the years of support". NFTs are virtual assets that can be bought and sold, but which have no real-world form of their own - in other words they only exist digitally. Generally, they are used to mark ownership of something, such as a picture or video online. "CR7" refers to Ronaldo's initials and shirt number, and is used as branding in a range of products, from footwear to fragrances, that have helped make him one of the wealthiest athletes on earth. In a social media video announcing the partnership, Ronaldo told would-be investors "we are going to change the NFT game and take football to the next level". The cheapest NFT from the collection was priced at $77 when it went on sale in November 2022 - but one year later, it was priced at about $1. The claimants allege that Ronaldo's promotion of Binance led to a "500% increase in searches" for the crypto exchange, which is registered in the Cayman Islands. They also say it led people to use the firm to invest in what they call "unregistered securities" - such as Binance's BNB cryptocurrency. According to the US Securities and Exchanges Commission (SEC), these assets can be considered securities - and so celebrities endorsing them must follow US law. SEC chair Gary Gensler previously said celebrities must "disclose to the public from whom and how much you are getting paid to promote investment in securities". "When celebrities endorse investment opportunities, including crypto-asset securities, investors should be careful to research if the investments are right for them, and they should know why celebrities are making those endorsements," he said. The claimants allege Ronaldo should have disclosed how much he was being paid, but did not. Nigel Green, boss of consultancy firm DeVere Group, said the problems at the heart of the case went wider than just one footballer. "It is crucial to recognise that blaming Ronaldo alone oversimplifies a complex issue," he said. "Instead, attention should also be directed towards global regulators who have been slow to establish clear guidelines for this evolving financial landscape." Ronaldo and Binance appear to have plans to work together again in the future, with a recent social media post from the footballer saying they are "cooking something up". Neither have responded to the BBC's requests for comment. The class action suit was filed a week after the US Justice Department told the firm to pay $4.3bn (£3.4bn) in penalties and forfeitures. It accused Binance of helping users bypass sanctions around the world, and of making it easy for criminals and terrorists to move money. Its chief executive, Changpeng Zhao, resigned from the firm, having admitted money-laundering violations. Major League Baseball, Formula 1 and Mercedes-Benz are all also facing class action lawsuits filed on the same day over their promotion of failed crypto-exchange FTX.

778634

nan

Forbes

Meridith Alexander, Forbes Councils Member, Meridith Alexander, Forbes Councils Member https://www.forbes.com/sites/forbescoachescouncil/people/meridithalexander/

Unlocking Success In The Culture Of 'EPIC': The Nonnegotiable Inner Game

Success is no longer a passive outcome of external conditions; it is a proactive endeavor that implies that mastering your inner game is now nonnegotiable.

https://www.forbes.com/sites/forbescoachescouncil/2023/11/29/unlocking-success-in-the-culture-of-epic-the-nonnegotiable-inner-game/

2023-11-29 12:15:00

Connect with me on LinkedIn. Executive Coach / Keynote Speaker Specializing in Epic Performance Navigating Change/ G.R.I.T. Mindset Academy getty In todays dynamic culture of what I refer to as "EP… [+5133 chars]

world

Connect with me on LinkedIn. Executive Coach / Keynote Speaker Specializing in Epic Performance Navigating Change/ G.R.I.T. Mindset Academy In today’s dynamic culture of what I refer to as "EPIC," with its increased focus on empowerment, purpose, innovation and collaboration, the secret to personal and professional success is also changing. The traditional mantra of "business as usual" no longer holds the keys to achieving rapid career advancement or personal fulfillment. The corporate world is no longer just about following established norms and protocols. It’s about embracing change, navigating the unpredictable and seizing opportunities in uncharted territories. Waiting for things to return to “normal” is a futile strategy that threatens to leave us behind rather than propel us forward. The work-life harmony that so many professionals seek now stands at the crossroads of a powerful inner game. Gone are the days when the division between business and personal growth was a rigid boundary. The days when personal development was regarded as "woo-woo" or optional are behind us. Success is no longer a passive outcome of external conditions; it is a proactive endeavor that implies that mastering your inner game is now nonnegotiable. Here’s what you need to know in order to thrive in this new culture. A World In Flux: The Need For Inner Mastery The world is transforming, and it’s happening at an unprecedented pace. Unpredictability is the new norm, and relying on old strategies won’t cut it. Think about iconic figures like Nelson Mandela, JFK, Oprah Winfrey and many others whose remarkable stories of success inspire us. Each of them prioritized the development of their inner game. They understood that in a changing world, the key to success begins within. Beyond Mindset: The Essence Of The Inner Game The inner game transcends the confines of mere mindset. It compels us to dare to dive deeper, to explore the uncharted territories within ourselves beyond the place where our beliefs might be stopping us. It challenges us to push back against some of the accepted norms that limit who we believe we are capable of being. And therefore what we believe we are capable of achieving. The Power Of Focus: Where Success Begins Mastery of focus is the foundation upon which the inner game is built. It’s not about just being focused; it’s about understanding how to prioritize your attention on what truly matters. As we come to understand that what we focus on expands, it’s about learning to redirect our focus from the “What’s wrong with this picture?” perspective to a “What’s right (or can be right) with this picture?” approach. In a world saturated with distractions, becoming the sovereign of your focus is the starting point for personal and professional success. Language: The Tool Of Influence Language is the epicenter of communication and influence. It’s not merely about speaking the right words but about crafting messages that resonate and inspire—even within your own inner narrative. To succeed in the culture of EPIC, you must become a master of language, understanding how to convey your vision and values effectively while igniting your own inner momentum regardless of the external circumstances. The Creative Power Of Imagination Imagination is the catalyst for innovation and change. It’s the ability to see possibilities where others see limitations. Imagination is not an escape from reality; it’s the engine that propels you to create a new and improved reality. In the world of EPIC, imagination is a driver of groundbreaking solutions. The Bold Prioritization Of The Inner Game In the culture of EPIC, success hinges on a bold prioritization of the inner game. As I've said, it is no longer optional; it is nonnegotiable. Those who understand that success is no longer a passive by-product but an active pursuit are the ones who will thrive. Success in this era is about taking charge of your inner game and using it as a powerful tool for personal and professional growth. Success In An EPIC World—The Unstoppable Path Ahead In a world that values empowerment, purpose, innovation and collaboration, the inner game is the obvious next frontier. It is the missing piece to unlocking personal and professional success when you’ve “tried everything.” It’s not enough to merely cultivate the "right mindset" or exude confidence and self-esteem. The inner game requires a commitment to pushing boundaries—prioritizing focus, language and imagination, and using them to unleash a future filled with limitless possibilities. In the culture of EPIC, the secret to success and unfathomable opportunity is not just about adapting to change; it’s about leading it. The future belongs to those who understand that the inner game is the unstoppable force that will propel them forward. Our minds are the one resource that we cannot eliminate, automate or delegate. Today, we stand on the cusp of a revolution where we have the opportunity to move from business as usual to “business unleashed.” EPIC potential exists for those individuals who are willing to embrace a personal and professional journey driven by a nonnegotiable inner game. Success is no longer just business—it’s personal. Forbes Coaches Council is an invitation-only community for leading business and career coaches. Do I qualify?

778657

nan

Forbes

Hugh McIntyre, Senior Contributor, Hugh McIntyre, Senior Contributor https://www.forbes.com/sites/hughmcintyre/

Bad Bunny Charts Spotify’s Most-Streamed Album Of The Year—For The Second Year In A Row

Bad Bunny's Un Verano Sin Ti was the most-streamed album of 2022 on Spotify. Now, with another 4.5 billion streams, it's also the No. 1 album of 2023 as well.

https://www.forbes.com/sites/hughmcintyre/2023/11/29/bad-bunny-charts-spotifys-most-streamed-album-of-the-year-for-the-second-year-in-a-row/

2023-11-29 13:00:48

MONTE-CARLO, MONACO - MAY 25: Bad Bunny attends to the previews ahead of the F1 Grand Prix of Monaco ... [+] at Circuit de Monaco on May 25, 2023 in Monte-Carlo, Monaco. (Photo by Eric Alonso/Getty I… [+2148 chars]

world

MONTE-CARLO, MONACO - MAY 25: Bad Bunny attends to the previews ahead of the F1 Grand Prix of Monaco ... [+] at Circuit de Monaco on May 25, 2023 in Monte-Carlo, Monaco. (Photo by Eric Alonso/Getty Images) Spotify’s Wrapped program rolls out today, letting the world see not only which songs and albums earned the most streams on the platform throughout 2023, but also giving each individual user insight into what they couldn’t stop listening to this year. The rankings of the most popular artists, songs and albums globally are flush with superstars, and the albums tally is controlled by an unexpected and familiar title. Somewhat surprisingly, the top-streamed album of 2023 wasn’t released this year. In fact, it’s the same title that ended 2022 as the most popular full-length. Bad Bunny’s Un Verano Sin Ti has been named the top-streamed album in the world, earning at least 4.5 billion plays on the streaming site, according to the company. Five of the 10 most-streamed albums on Spotify in 2023 were actually released in 2022. That group includes the top three most popular titles, with Taylor Swift’s Midnights and SZA’s SOS ranking in second and third place, respectively. Other 2022 albums featured on this ranking include Metro Boomin’s Heroes & Villains and Harry Styles’ Harry’s House. Perhaps even more shocking is the fact that two of the 10 most-streamed albums in the world this year on Spotify are even older. Swift’s other top 10 title, Lover, came out in 2019. The oldest project on this tally is The Weeknd’s Starboy, which somehow comes in fourth place. That R&B/pop hybrid dropped in 2016. Just three of the top 10 most popular albums on Spotify this year were actually released this year. Recent projects from the likes of Karol G, Morgan Wallen and Peso Pluma all made the cut. Here is the list of the 10 most-streamed albums globally on Spotify in 2023.

778709

nan

Forbes

Koray Köse, Forbes Councils Member, Koray Köse, Forbes Councils Member https://www.forbes.com/sites/forbestechcouncil/people/koraykose/

The Role Of Holistic Risk Management In Today's Supply Chains

Due to the supply chain's complexity and its critical role, organizations should understand how to enhance its resilience, agility, sustainability and cybersecurity.

https://www.forbes.com/sites/forbestechcouncil/2023/11/29/the-role-of-holistic-risk-management-in-todays-supply-chains/

2023-11-29 14:00:00

Koray Köse is a supply chain expert, tech futurist, author, former Gartner analyst, and now Chief Industry Officer at Everstream Analytics. getty Holistic risk management is a comprehensive approac… [+7221 chars]

world

Koray Köse is a supply chain expert, tech futurist, author, former Gartner analyst, and now Chief Industry Officer at Everstream Analytics. Holistic risk management is a comprehensive approach to understanding, evaluating and managing risks across an organization or a specific domain. It involves creating a framework that aligns with the organization's vision, determining its risk appetite, assessing risk capacity and establishing governance. To complete a holistic risk assessment, organizations must understand key risk indicators. They must also examine their tolerance for uncertainty as well as an array of critical changes and internal and external factors. This article will look at how technology is reshaping holistic risk management with the supply chain, where holistic risk management plays a key role in mitigating threats, utilizing opportunities in value chains and considering factors like loss prevention and risk capacity. Due to the supply chain's complexity and its critical role in generating revenue and driving innovation, organizations should understand how to enhance its resilience, agility, sustainability and cybersecurity by prioritizing supply-chain risk management within the broader context of holistic risk assessment. The Core Components Of Holistic Risk Management Advanced analytics and data integration are now foundational to holistic risk management. New technologies like AI, ML and LLMs, for example, connect variables, dependencies and influencing factors to boost accuracy and confidence. In short, every data asset can provide value in gaining a deeper understanding of each key risk indicator. Handling data effectively in holistic risk assessment, however, requires several things: data governance, fit-for-purpose data integration tools, applied analytics techniques, augmented data security and agile cross-functional collaboration. When this foundation is built properly, holistic risk management augments critical areas of the value creation and orchestration flow by: • Creating Full-Scale Visibility: Full-scale visibility gives organizations real-time insights into their supply chain operations, enabling them to detect changes and potential risks and disruptions early on. • Understanding Interconnected Risks: Risks are rarely isolated. In the VUCA, PESTLE and other analysis approaches, it's critical to consider the influence and causation. They often have cascading effects, where a disruption in one area can trigger a chain reaction of problems throughout the organization. Holistic risk assessment helps identify these interdependencies and enables organizations to address root causes rather than just symptoms. • Optimizing Resource Allocation And Risk Capacity Management: Organizations have finite resources for risk management, utilization and mitigation. By identifying and prioritizing risks through a holistic approach, they can allocate resources where they will have the most significant impact. • Managing Globalization and Complexity: In today's globalized and interconnected world, supply chains have become increasingly complex and sophisticated. Raw materials, components and finished products can traverse the globe multiple times through multiple modes and nodes of transportation before reaching the end customer and then its recycling or waste journey. This complexity amplifies the potential risks and underscores the need for a holistic approach to risk assessment. • Securing Regulatory Compliance And Governance: Many industries face stringent regulatory requirements for supply chain practices. Failure to meet these regulations can result in fines, legal issues, reputational damage and exclusion. A holistic approach ensures compliance risks are adequately addressed in the right context and by the correct levers and stakeholders. • Driving ESG And Anti-Modern Slavery: Sustainability risks—including environmental and social factors, especially forced labor and modern-day slavery and carbon-footprint management—have gained momentum through new legislation and enforcement globally. A holistic approach considers these requirements, ensuring that organizations manage these risks not only reactively but proactively align their operations with sustainability goals and expectations for higher purpose-driven organizations. • Boosting Cybersecurity: Supply chains rely heavily on data and information exchange through digital technologies, making them susceptible to cyber threats. Holistic risk assessment incorporates cybersecurity as a critical component to safeguard operations and data integrity. It is a supply chain topic as much as an IT topic. More verticals benefit and should be incorporated into holistic risk management like quality, planning, R&D and others because holistic risk assessment provides a comprehensive view and actionable insight into all potential uncertainties, their interconnections and their impact on the organization. How To Get Started With Holistic Risk Management Beyond incorporating technology, organizations will need to take several steps to adopt holistic risk management. Organizations, for example, must prioritize value over cost and (re-)structure their processes accordingly. This involves implementing policies for lifetime valuation using proven models like holistic cost valuations and total cost of ownership. Translating the business strategy into a dynamic risk appetite, anchored in key risk indicators specific to value creation, guides organizational evolution, fostering resilience and focus on high-impact activities. The risk appetite needs to adapt to internal and external factors to keep pace with innovation, geopolitics and geoeconomics. This necessitates careful change management and democratization of data access. A prime example of this approach is the European automotive industry initiative, Catena-X, which was founded on radical collaboration through an open data ecosystem. With established processes and data infrastructure, the final critical factor is talent. Recruitment and development should prioritize disruptors, innovators, connectors, challengers and influencers with deep expertise. These attributes counter complacency, organizational overactivity and underproductivity, ensuring organizational agility, self-disruption and adaptation. Holistic risk management isn’t for organizations that like the status quo. It challenges traditional playbooks, making every day an opportunity for risk management to make a difference. The future is defined not by past events but by the continuous evaluation and response to each situation in the core value creation flow. The Future Today By prioritizing supply chain risk management within the broader context of holistic risk assessment, organizations can more effectively navigate the complex and interconnected challenges of the modern world. As a result, organizations that embrace value creation and orchestration in supply chains will define markets, create new products faster, set standards and embed risk management into their top-line growth and bottom-line optimization. By focusing on the day after tomorrow while having tomorrow's innovations lined up, they are more likely to enjoy all the strategic benefits of first-mover advantage. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?

778717

nan

Forbes

Adam Zagoria, Contributor, Adam Zagoria, Contributor https://www.forbes.com/sites/adamzagoria/

Mark Cuban Selling Majority Interest In Dallas Mavericks To Adelson Family

Mark Cuban is selling his majority stake in the Dallas Mavericks to the Adelson family, according to The Athletic and veteran NBA reporter Marc Stein.

https://www.forbes.com/sites/adamzagoria/2023/11/28/mark-cuban-selling-majority-interest-in-dallas-mavericks-to-adelson-family/

2023-11-29 00:29:36

DALLAS, TEXAS - MARCH 22: Dallas Mavericks owner Mark Cuban reacts during a timeout in the game ... [+] against the Golden State Warriors at American Airlines Center on March 22, 2023 in Dallas, Texa… [+1349 chars]

world

DALLAS, TEXAS - MARCH 22: Dallas Mavericks owner Mark Cuban reacts during a timeout in the game ... [+] against the Golden State Warriors at American Airlines Center on March 22, 2023 in Dallas, Texas. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Tim Heitman/Getty Images) Mark Cuban is selling his majority stake in the Dallas Mavericks to the Adelson family, according to The Athletic and veteran NBA reporter Marc Stein. The deal values the Mavericks at approximately $3.5 billion and, in a unique aspect of the deal, Cuban will retain full control of basketball operations. Cuban paid $285 million for the Mavericks in 2000. Miriam Adelson, an American and Israeli physician and billionaire and the largest shareholder at behemoth casino chain Las Vegas Sands LVS , sold $2 billion of her shares to purchase the Mavericks, as reported earlier Tuesday by William Skipworth of Forbes. Forbes estimate Adelson and her family’s net worth to be $32.3 billion, making her the 44th-richest person and the fifth-richest woman in the world. Also Tuesday, Cuban announced he will be leaving ABC's "Shark Tank,” which includes “sharks” Cuban, Barbara Corcoran, Lori Greiner, Robert Herjavec, Daymond John and Kevin O’Leary. “Next year, our 16th year, is gonna be my last year, so I got one more year to go,” Cuban told former NBA players Matt Barnes and Stephen Jackson on their podcast.

778718

nan

Forbes

Barry Collins, Senior Contributor, Barry Collins, Senior Contributor https://www.forbes.com/sites/barrycollins/

Trump Loses Battle For Mar-A-Lago Domain To Pet Memorial

Donald Trump's bid to win control of the mar-a-lago.com fails, as man who named site after three dead pets prevails

https://www.forbes.com/sites/barrycollins/2023/11/29/trump-loses-battle-for-mar-a-lago-domain-to-pet-memorial/

2023-11-29 12:09:49

Trump failed to reclaim the mar-a-lago.com domain Getty Images Donald Trump has lost a battle to get hold of the mar-a-lago.com domain, after failing to convince The World Intellectual Property Org… [+3239 chars]

world

Trump failed to reclaim the mar-a-lago.com domain Donald Trump has lost a battle to get hold of the mar-a-lago.com domain after failing to convince The World Intellectual Property Organization that it was being used by a cybersquatter. The domain was registered more than 25 years ago by Marq Quarius, a Florida resident who claims to have registered the domain in tribute to pets that have died. He claims the domain was named after three animals. “Mar” was apparently a dog named after Marq Quaris himself; the “A” represents “Alfred,” a duck named after the film director Alfred Hitchcock; while “Lago” was a nickname for “Lag,” a cat that Mr Quarius’ family rescued. The site was originally conceived as a place for anyone to post memorials of their pets, but it doesn’t appear to have taken off. Instead, it now serves as a rather dated-looking memorial to Mr Quarius’ mother, with “words of inspiration from around the world.” Trump Complaint The argument that the site was registered as a memorial to dead pets seemingly cut little ice with the former president, whose representatives argued it was “confusingly similar” to the registered trademarks of MAR-A-LAGO and THE MAR-A-LAGO CLUB, both of which refer to the luxury property that Trump owns. “It is evident that Respondent has registered and maintains the disputed domain name in bad faith with an intent to cause confusion, for commercial gain, and to deprive Complainant of using its famous trademarks as domain name to promote his business,” Trump’s representatives argued. However, the World Intellectual Property Organization’s Arbitration and Mediation Center wasn’t persuaded by Trump’s arguments, pointing out that “Respondent has retained and used the disputed domain name for essentially non-commercial purposes for more than 25 years, without trying to sell it to the Complainant or third parties.” “Even when the Complainant tried to purchase it, the Respondent asked for the proceeds to be given to a charity,” WIPO’s adjudication added. “These facts are not consistent with typical cybersquatting behavior and lend credence to the Respondent’s account.” The WIPO panel did raise an eyebrow at the way the domain name was arrived at, stating that, “the account given by the Respondent as to his reason for having registered the disputed domain name may seem to be a stretch; to the extent this explanation could be fabricated and sought to mask an intent to cybersquat.” However, it added that proving such intent would “require detailed evidence and information,” which wasn’t provided in Trump’s complaint. Consequently, the complaint was denied. ‘Bullying’ Trump Domain industry experts say such cybersquatting disputes are common, but that the Trump organization didn’t arrive with sufficient evidence. “The big companies will use professional IP firms, who were very diligent about what they're filing and make sure that every box is ticked before they file,” said Stuart Fuller, the top-level domain services director at Com Laude. “To me, this suggests that the Trump Organization is using the fact that they are the Trump Organization to bully the guy into into selling the name.” Nowadays, companies such as Com Laude will help big firms ensure that their intellectual property is protected across multiple top-level domains, but such services didn’t exist 25 years ago when the mar-a-lago.com domain was registered. “It literally was the Wild West in terms of filing registrations,” said Fuller.

778723

nan

Deadline

Zac Ntim

Michael Douglas Feted With Satyajit Ray Life Achievement Award & Iranian Drama ‘Endless Borders’ Wins Best Film At Goa Film Festival

The 54th edition of India’s Goa Film Festival concluded Tuesday evening with a tribute to Michael Douglas, who picked up the fest’s Satyajit Ray Lifetime Achievement Award for Excellence in Cinema.  Previous winners of the award — which organizers say celebra…

https://deadline.com/2023/11/michael-douglas-international-film-festival-of-india-goa-life-achievement-award-satyajit-ray-1235642212/

2023-11-29 13:27:12

The 54th edition of India’s Goa Film Festival concluded Tuesday evening with a tribute to Michael Douglas, who picked up the fest’s Satyajit Ray Lifetime Achievement Award for Excellence in Cinema.  … [+2223 chars]

world

The 54th edition of India’s Goa Film Festival concluded Tuesday evening with a tribute toMichael Douglas, who picked up the fest’s Satyajit Ray Lifetime Achievement Award for Excellence in Cinema. Previous winners of the award — which organizers say celebrates individuals whose unparalleled contributions have enriched the cinematic landscape — include Martin Scorsese, Bernardo Bertolucci, Dilip Kumar, Carlos Saura, Krzysztof Zanussi, and Wong Kar-wai. “It’s a tremendous honor to receive this award. It’s a career life achievement. When I heard about the award, my family and I were elated,” Douglas said. The veteranBasic Instinctactor was joined by his wife, Catherine Zeta-Jones, and son Dylan Douglas.Related StoriesNewsHollywood Coalition Urging Release Of Israeli Hostages Launches Campaign To Raise Awareness - UpdateObituariesAlan Arkin Remembered By Michael Douglas And 'Kominsky Method' Co-Stars, Steve Carell, More Later, during his acceptance speech, Douglas touched on world affairs, highlighting the role he believes cinema can play in bringing people together. Douglas also gave a shoutout to what he described as some of his favorite Indian films, includingRRR,Om Shanti Om,andThe Lunchbox. “Cinema is one of the few mediums that has the power to unite and transform us. It transcends divisions, whether that be geography, race, language, and even time,” AP reported he said in his acceptance speech. “Today, our global language of cinema is more meaningful than ever,” Douglas added. Elsewhere on the eve, the festival’s competition awards were handed out. Persian picEndless Borderstook the Golden Peacock award for the best film. Directed by Abbas Amini, the film follows Ahmad, an exiled teacher living in a small village with mostly ethnic Baloch along the Iranian border with Afghanistan. He acquaints a family of illegal Hazara refugees who are fleeing an immediate threat from the Taliban’s rise to power. Synopsis reads: Ahmad begins to realize that prejudice and dogma are dictating their lives and his perspective on what is right and what is wrong changes drastically. He decides to save a young forbidden love, but that decision can have dire consequences for everyone. Bulgarian Director Stephan Komandarev took the Silver Peacock award for best director for his filmBlaga’s Lessons.Panchayat Season 2, directed by Deepak Kumar Mishra received the newly introduced award for the Best Web Series (OTT). The series chronicles the life of an engineering graduate who joins as a Panchayat secretary in a remote fictional village of Phulera of Uttar Pradesh due to a lack of better job options.

778774

nan

Forbes

Jeanne M. Stafford, Contributor, Jeanne M. Stafford, Contributor https://www.forbes.com/sites/jeannestafford/

How Defining Your Value Will Help You Land Your Next Job Or Promotion

The value you speak of when you speak of your own comes from your repeated, intentional and deliberate steps to make your time on this planet mean something.

https://www.forbes.com/sites/jeannestafford/2023/11/29/how-defining-your-value-will-help-you-land-your-next-job-or-promotion/

2023-11-29 13:53:10

Woman and rising arrow symbols. Career development. Growth. Success. getty Its time to send the elevator pitch back to the lobby and off to live in the last century. Its time to know your value. … [+4050 chars]

world

Woman and rising arrow symbols. Career development. Growth. Success. It’s time to send the “elevator pitch” back to the lobby and off to live in the last century. It’s time to know your value. What’s an elevator pitch? A short statement to define a role you play. What is your value? The sum of what you focus on, experiment with and the principles with which you collaborate. Who knows their value? OpenAI CEO Sam Altman gave a talk and wrote a corresponding blog post roughly 10 years ago stating that: “Value is created by doing. Value gets created over compounding execution for years and years and years.” Sam Altman knows his value. Ironically this quote is from the leader whose new tools have increased the distraction around value. What many missed in the days that followed his wild ride at the company he founded, was what he models for us which is to lead with confidence and self-awareness. Sam Altman knew his value well enough to negotiate his way into a position where he could get back to the work he loved. We are the sum of the events we live through, actions we take and reflections we make time for. The value you speak of - when you speak of your own - comes from your repeated, intentional and deliberate steps to make your time on this planet mean something to you and those whose lives you impact. If you want to do that, read on. Pause and really focus on reading. Three Powerful Actions You Can Take To Amplify Your Value This sounds so simple yet in this distracted world most have a difficult time knowing where to begin. In his international best seller, Stolen Focus, Why You Can’t Pay Attention and How to Think Deeply Again, Johann Hari shares that how deeply you read matters. In his interview with Raymond Mar, professor of psychology at University of Toronto, “Reading a fractional account may make you more knowledgeable, but it doesn’t have the empathy-expanding effect.” Understand Empathy In the The War for Kindness: Building Empathy in a Fractured World, by Jamil Zaki, the director of the Social Neuroscience Lab at Stanford University, in an interview with The Economist said: “Our emotions are not animalistic impulses that are out of our control. We can guide them, empathizing with purpose—in ways that accord with our values. A second insight is that empathy is helpful, not just to the people around us, but to ourselves as well.” Learn To Write Well There are many places to write. Writing is an excellent way to add value to the time you spend on social media. When you write about what you value, you’ll find like-minded collaborators and be seen by people who will explore and heighten your value. Learning to write well is done by taking action and experimenting with social media posts and the many platforms from which to write a blog. Look for people you admire who do it well. Mirror their patterns and then develop your own. Everyone started somewhere, the key is to START. Reinvent Yourself In Conversation It’s a big world out there and true differentiators are looking for leaders who will teach them something they didn’t know. Chief Reinvention Officer and Founder of the Reinvention Academy, Nadya Zhexembayeva shares that “The only way to survive and thrive is to build a system of embracing change and turn it into your competitive advantage.” You are a system. You have the opportunity to reinvent in every space you enter. Conversations are powerful spaces to be seen and heard and to have your value understood. Not only should you find the spaces where the conversations you want to be part of are happening, but intend to arrive to them armed with three powerful tools. True value is expressed conversationally by leaders devoted to learning about themselves and the world. Abraham Lincoln famously said “give me six hours to chop down a tree and I will spend the first four sharpening the ax." How are you sharpening your ax? Now is the time. The tools within you await. Your value is calling.

778961

nan

Forbes

Judith Magyar, SAP, Judith Magyar, SAP https://www.forbes.com/sites/sap/people/magyarjudith/

How Deutsche Bank Is Helping Companies Finance Their Path To Net Zero

Meeting four key human demands—energy, food, manufacturing and mobility—requires fundamental system changes and the right financing to support sustainability goals.

https://www.forbes.com/sites/sap/2023/11/29/how-deutsche-bank-is-helping-companies-finance-their-path-to-net-zero/

2023-11-29 14:05:00

Earth Overshoot Day is the date when humanitys demand for ecological resources in a given year exceeds what Earth can regenerate in that year. The first-ever overshoot took place on December 29, 1970… [+6224 chars]

world

Earth Overshoot Day is the date when humanity’s demand for ecological resources in a given year exceeds what Earth can regenerate in that year. The first-ever overshoot took place on December 29, 1970. Since then, every year the date occurs earlier. This year, it was on August 1st. “Taking planetary boundaries into account means that meeting the four key human demands —energy, food, manufacturing, and mobility—will require fundamental system changes,” said Jörg Eigendorf, Chief Sustainability Officer, Deutsche Bank, in an interview with SAPVoice on Forbes.com. The global approach to environmental, social, and governance (ESG) issues has been to set broad targets such as limiting global temperature gains. Effective ESG investment and financing, however, requires going beyond targets and thinking in more depth about the required system changes. Mankind's desire to fulfill the four basic needs has created our current economic system. In the past, corporations responded to demands by increasing supply – with little consideration for the impact on natural capital. As a result, the complex corporate and economic structures now in place are increasingly inappropriate. “These supply structures cannot be dismantled immediately, because governments are not willing to risk meeting the demands of the population,” said Eigendorf. “Hence, the emphasis must be on changing the way we meet the demands. We need to decouple economic activity as much as possible from emissions and environmental destruction. The external cost of doing business needs to be internalized to set the right price signals and encourage innovation.” Investing effectively – the ESG factors The global approach to environmental, social, and governance (ESG) issues has been to set broad targets such as limiting global temperature gains. Effective ESG investment and financing, however, requires going beyond targets and thinking in more depth about the required system changes. Deutsche Bank created its own transition plan which details pathways for high emitting sectors. The plan consolidates Deutsche Bank’s definitions, methodologies, targets, and achievements on its path to net-zero by 2050 and focuses on three dimensions of decarbonization: the bank’s own operations, its supply chain, and financing provided to clients. The Transition Plan “Our plan details what clients and the public can expect from us in our role in decarbonizing the economy,” Eigendorf explained. “As the economy progresses toward net-zero, regulations, reporting standards, and the role of the banking industry will evolve, allowing us to continuously refine the plan.” Deutsche Bank has a three-pronged approach to implementing its plan. It includes financing the development and scaling-up of clean energy technologies, engaging with high-emitting clients to support and finance their transition, and steadily phasing out business with not-to-abate industries as well as with clients not willing to align to the bank’s transition pathway. Deutsche Bank initially identified four high-emitting sectors requiring substantial changes on their transformational journeys: oil and gas, energy, automotive, and steel. It subsequently added three more sectors including cement, coal mining, and shipping. The bank is working with clients in these sectors to define, finance, and execute their transitions. The bank has an ambitious goal. When it comes to new corporate lending transactions for high-emitting clients in the most carbon-intensive sectors, at least 90% of them shall have a net-zero commitment in place from 2026 onward. “Sustainability is not something you can just kickstart from scratch,” said Eigendorf. “It’s like a muscle that needs to be trained. The good thing is that most of our clients are already on the right path. Our role is to support them o their path." Deutsche Bank’s ESG strategy includes having a dedicated ESG teams in each business unit to help clients achieve net-zero commitments. The teams in the Corporate Bank and the Investment Bank have a detailed action plan that begins with a thorough footprint analysis followed by an assessment of transition strategies. Next, a series of dialogues address data gaps, identify support opportunities, and next steps. Finally, the Deutsche Bank teams monitor progress and conduct regular reviews to ensure the transition is proceeding smoothly. The role of tech The entire process relies on tight data integration and management. “One of the workstreams we are managing cross divisionally as part of our sustainability strategy implementation is data and technology, and it’s by far the largest,” said Eigendorf. “We dedicate many resources to integrate sustainability into our business processes through our technology landscape. It’s an ongoing process which started with using Microsoft Excel sheets as leading tech companies like SAP developed their offerings.” According to Eigendorf, the main challenge is linking incoming client data automatically to the reference system within the bank. Banks as well as industrial companies need to have front-end reporting, which leads to the question of how and when to implement AI. “There’s a lot of data in all those transition plans,” he said. “AI can help us collect it and even conduct a first client assessment. AI can save us a lot of time and resources and to focus on the material issues. It can help us interpret the data immediately.” Eigendorf is pleased by Deutsche Bank’s progress on its sustainability journey. “Today we not only understand the system changes needed to provide people with energy, food, manufacturing, and mobility; we are actually working with customers within the system to drive the changes," he said. "These collaborations are improving day by day.” Insights and learnings from these collaborations are also the focus of Deutsche Bank activities at COP 28 in Dubai. By putting their own lens on how to decarbonize industries, Deutsche Bank wants to showcase what German companies already have to offer regarding decarbonization—and what can be expected from them beyond German borders. Follow me on X @magyarj

778962

nan

Forbes

Vasudevan Swaminathan, Former Forbes Councils Member, Vasudevan Swaminathan, Former Forbes Councils Member https://www.forbes.com/sites/forbesbusinesscouncil/people/vasudevanswaminathan/

How To Have 'Skin In The Game' In Business

The concept of "skin in the game" offers a powerful framework for fostering accountability, ethical behavior, innovation and resilience within a company.

https://www.forbes.com/sites/forbesbusinesscouncil/2023/11/29/how-to-have-skin-in-the-game-in-business/

2023-11-29 13:45:00

Vasudevan Swaminathan, Founder and CEO of Zuci Systems. getty I recently happened to read Nassim Nicholas Talebs book Skin in the Game. The idea of having "skin in the game" refers to a personal st… [+5312 chars]

world

Vasudevan Swaminathan, Founder and CEO of Zuci Systems. I recently happened to read Nassim Nicholas Taleb’s book Skin in the Game. The idea of having "skin in the game" refers to a personal stake or investment in the outcomes of one's decisions and actions. As an entrepreneur myself, I was completely able to connect with the idea of "skin in the game," and I want to share some thoughts around it, taking examples from the world of business. The 'Doers' The author refers to those who have skin in the game as "Doers." Doers are individuals who are directly affected by the outcomes of their actions. In a business context, this could be a company founder who invests their savings, an employee who receives performance-based incentives, or an entrepreneur who risks their reputation on a new venture. Let's look at a few of the advantages that can come with this level of having skin in the game. Protecting your client's interests by having skin in the game means that you, as a service provider or advisor, have a personal stake or investment in the outcomes or success of the services you provide to your clients. This approach can help build trust and align your interests with your client's, ensuring that you are genuinely committed to their well-being. For instance, Ray Dalio, the founder of one of the world's largest hedge funds, created the "All-Weather Portfolio" in the mid-1990's, where he invested his and his family's own wealth. A great example of "skin in the game." The concept of skin in the game challenges the prevailing culture in many organizations where decision-makers, often in high-level management positions, are insulated from the consequences of their choices. I am sure many of us think that should not be the case. If leaders and executives have personal stakes in the success and failure of the company, they are more likely to make prudent, thoughtful and ethical choices. Having skin in the game can also be a powerful incentive for ethical behavior in business. If a CEO's personal wealth is tied to the company's stock performance, they are more likely to prioritize the long-term health of the organization over short-term gains that could damage the company's reputation. This can lead to a stronger ethical framework within the company, as individuals understand that unethical decisions could have serious personal consequences. Consider Paul Polman, the former CEO of Unilever, who initiated the Sustainable Living Plan, a commitment to reduce the company's environmental footprint and improve the lives of people worldwide. His personal investments were aligned with Unilever's ethical objectives. Taleb argues that "skin in the game" encourages long-term thinking and innovation. When business leaders are invested in the success of their companies over time, they are more likely to focus on strategies and decisions that have lasting benefits. This can lead to the development of innovative products, sustainable business practices and a culture that values quality over quick profits. In a business context, having skin in the game can also make an organization more resilient. When decision-makers experience the consequences of their actions, they are better prepared to adapt and learn from failures. This, in turn, can lead to a more agile and adaptable business. For example, Richard Branson has built the Virgin Group into a diverse conglomerate with ventures in music, airlines, telecommunications and space travel. His willingness to take risks and enter new markets has contributed to Virgin's long-term resilience. Steps For Implementation While the concept of skin in the game may seem straightforward, implementing it can be challenging. Many corporate structures and compensation models disconnect decision-makers from the direct consequences of their choices. However, there are steps you can take to ensure you and your team have skin in the game. First, reevaluate your organization's decision-making processes to align them with the principles of accountability. I recommend setting clear expectations, involving team members in the process of making decisions, and requiring transparant communication of decisions and the reasons behind them to the rest of the organization. Second, reevaluate incentives in light of your organization's strategic objectives, and ensure that your compensation structure motivates behaviors and outcomes that contribute to long-term success. For example, consider tying variable pay components to key performance indicators (KPIs) or project milestones. This creates a direct link between individual or team performance and financial rewards. I also recommend evaluating the risk-reward balance within your organization's incentive structure. This can help you ensure that employees are appropriately rewarded for taking calculated risks that contribute to the organization's growth. In conclusion, the concept of "skin in the game" offers a powerful framework for fostering accountability, ethical behavior, innovation and resilience within a company. I challenge every leader to become a Doer and challenge the status quo of decision-making by having a personal stake in the outcomes. Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?

778967

nan

Forbes

Jamie Merisotis, Contributor, Jamie Merisotis, Contributor https://www.forbes.com/sites/jamiemerisotis/

AI Systems Need A Conscience—And That’s Us

AI is today's version of the Prometheus story—or it could be without proper safeguards focused on individual rights and responsibilities.

https://www.forbes.com/sites/jamiemerisotis/2023/11/29/ai-systems-need-a-conscience-and-thats-us/

2023-11-29 14:11:05

Illustration of Prometheus against a digital backdrop Getty Images / iStockPhoto Technological advances and other great leaps in knowledge always have inspired both hope and dread. The Greek myth o… [+4316 chars]

world

Illustration of Prometheus against a digital backdrop Technological advances and other great leaps in knowledge always have inspired both hope and dread. The Greek myth of Prometheus illustrates this. Prometheus defied the gods of Olympus by stealing fire from them and giving it to humanity. This allowed mere men and women to light the dark, heat their homes and forge tools and weapons. But it also gave humans the capacity to burn down everything around them. The moral of the tale is clear: Be careful with fire—that which gives us the power to create can also destroy. Artificial intelligence is the fire in today’s version of that story. Or at least it could be without proper safeguards that put our human conscience at the center. AI’s creative capacity is immense. It can apply centuries of learning within fractions of a second, enabling huge surges in knowledge that used to require years of human study and effort. To use but one example, ancient, arcane texts and artifacts have begun to yield their secrets under the swift and relentless probing of AI. The Promethean power of these systems is unlocking languages and dialects that have been unspoken for millennia. I’ve been thinking about the role of AI in teaching and learning, and more broadly how it might impact the intersection of learning and work. But the concept of AI is not new. In fact, the term artificial intelligence was coined in 1956 by mathematics professor John McCarthy for the first academic conference on AI. Since those early days we’ve seen several modes of artificial intelligence emerge, including: - Sensing AI, including sensors in industrial settings. - Communications tools such as Siri and Alexa. - Movement-oriented AI, including the Boston Dynamics robots. - Deep Learning, a subset of machine learning in which layers of neural networks perform some analytical tasks without human intervention. It’s no mystery why many people are troubled by the rapid growth of this technology even as it continues to evolve. There are serious questions around ethics, including privacy and the intellectual property of those whose works have been used to create the large language models so increasingly used today. Even darker concerns have been raised about the prospect of superintelligent systems that could evolve without human control. In other words, Prometheus still has more to teach us about the true cost of technology. Examples abound. According to a recent story in The Washington Post, Amazon’s spoken-word bot Alexa has reported as fact the false claim that the 2020 election was stolen. Alexa dropped the claim after somebody alerted Amazon, but similar misinformation is still being shared. That’s because AI’s consumption of data, like fire’s scorching of earth, is relentless, even rapacious—devoid of moral reasoning. It seeks out information both good and bad. If we humans feed it a lie, AI will use that falsehood as fuel for greater distortions. And like fire, once it is unleashed in the world, AI goes where it will, so we must be cautious. Anu Bradford, author of the recent book “Digital Empires: The Global Battle to Regulate Technology,” illustrates how nations across the globe are considering legal frameworks. China’s focus has been to strengthen state control, limiting innovation and making government the gatekeeper for both information and disinformation. The European Union’s tack has been more nuanced and human-centered, focusing on preserving the rights of those who interact with AI. This keeps the focal point where it should be—on people and their lives. But the law can only do so much. As novelist Robert Penn Warren pointed out in “All the King’s Men,” a classic study of unrestrained power, the law is like a twin-sized blanket on a double bed. No matter how it’s stretched or twisted, it always leaves something uncovered. In the United States, our approach has been to encourage innovation. But this can allow misinformation and other destructive forces to roam unfettered across the digital landscape. For artificial intelligence, we need more than just a legal framework; we need an individual rights and responsibilities framework. That ethical frame should include our approach to higher education, one that both engages with AI’s ethical implications, and helps prepare people for the work that only humans can do. AI, like fire, is a force of great power. But it does not possess a conscience. That’s our uniquely human job—now more than ever.

778973

abc-news

ABC News

BINAJ GURUBACHARYA Associated Press

Gay couple in Nepal becomes 1st to officially register same-sex marriage in country

A gay couple in Nepal on Wednesday became the first in the nation to receive official same-sex marriage status

https://abcnews.go.com/International/wireStory/gay-couple-nepal-1st-officially-register-same-sex-105237287

2023-11-29 13:51:30

KATHMANDU, Nepal -- A gay couple in Nepal on Wednesday became the first in the nation to receive official same-sex marriage status. The Himalayan nation is one of the first in Asia to allow it. Afte… [+1632 chars]

Asia

KATHMANDU, Nepal --A gay couple inNepalon Wednesday became the first in the nation to receive official same-sex marriage status. The Himalayan nation is one of the first in Asia to allow it. “After 23 years of struggle we got this historic achievement, and finally Maya and Surendra got their marriage registered at the local administration office,” said Sunil Babu Pant, an openly gay former parliamentarian and leadingLGBTQ+ rights activist. Pant was present with Surendra Pandey and Maya Gurung when they registered their marriage at the Dorje village council office, located in the mountains west of the capital, Kathmandu. Earlier this year, Nepal's supreme court issued an interim order enabling the registration of same-sex marriages for the first time. Officials had initially refused to register the marriage. The couple and Pant filed cases with the Kathmandu District Court and High Court, but their pleas were rejected. According to Pant, the Home Ministry this week made changes in the process enabling all local administration offices to register same-sex marriages. “It was quite unexpected and it was a positive breeze for us,” Pant said by phone from the village where the couple were expected to celebrate later Wednesday. The couple married six years ago at a temple following Hindu tradition, with a priest conducting the rituals among friends and family. But they had no certificate showing their marriage was legal. Nepal has undergone a transformation since a court decision in 2007 asked the government to make changes in favor of LGBTQ+ people. People who do not identify as female or male are now able to choose “third gender” on their passports and other government documents. The constitution adopted in 2015 also explicitly states there can be no discrimination on the basis of sexual orientation.

778996

nan

Globalsecurity.org

John Pike

Myanmar's junta fires into Rakhine villages, killing 3 children

Junta bombing in western Myanmar killed four people, locals told Radio Free Asia on Tuesday.

https://www.globalsecurity.org/wmd/library/news/myanmar/2023/myanmar-231128-rfa01.htm

nan

2023-11-29 07:27:23

A 50-year-old woman was also struck while farming nearby, locals said. By RFA Burmese 2023.11.28 -- Junta bombing in western Myanmar killed four people, locals told Radio Free Asia on Tuesday. Heav… [+3217 chars]

Asia

A 50-year-old woman was also struck while farming nearby, locals said. By RFA Burmese 2023.11.28 -- Junta bombing in western Myanmar killed four people, locals told Radio Free Asia on Tuesday. Heavy artillery fired at Rakhine state's War Shee Lar village on Monday evening exploded, injuring seven people. Five of the seven are in critical condition and were sent to Buthidaung Hospital in the township's capital. The deceased include eight-year-old Arru Shu Lar and 11-year-old Abdullah, as well as 50-year-old Ha Bezar. The injured are in their 30s to 40s, said a War Shee Lar resident who wished to remain anonymous for fear of reprisals. "They died and were injured when a heavy weapon dropped while they were working in the vegetable farm. Arru Shu Lar and Ha Beza died on the spot," he told RFA. "Another child died on the way to the hospital. The dead have been cremated in the village." Heavy artillery was fired by a Buthidaung township-based junta battalion, he added. The shelling continued even as villagers cremated the bodies of the deceased in the village cemetery. War Shee Lar is a Rohingya village with about 1,000 people. Locals said that all the residents are afraid, but they have to hide in the village because there is no place to run. To Buthidaung's southeast, a teenager was killed when junta troops fired at a village in Mrauk-U township. Fifteen-year-old Cho Cho died on Monday night in Pan Be Tan village after being struck in the stomach by a bullet in her home, residents said. The shooting was from a Mrauk-U-based junta infantry battalion, locals alleged. RFA contacted Rakhine state's junta spokesperson Hla Thein by phone, but he did not reply by the time of publication. The junta has not released any information through official channels or regime-backed media regarding the killings. The junta's army has been deliberately targeting civilians since Nov. 13, when fighting with the Arakan Army resumed, said Pe Than, a former member of parliament from the Arakan National Party in Rakhine state. "Now the junta army can no longer go directly to the battleground and fight. That's why they open fire with small and heavy artillery from their camps. And they mainly target civilian areas," he told RFA. "It's like burning down the barn when they cannot hit the rats. [The junta] has been fighting in a way that harms the people since the beginning of the fighting in Rakhine state." The military has blocked roads connecting Rakhine state from the rest of the country, as well as roads and waterways between towns and villages, he said, adding people's livelihoods were severely affected by this tactic. Fighting between the junta and Arakan Army resumed on Nov. 13 after a year-long ceasefire. According to data compiled by RFA, fighting since Nov.13 has killed 17 civilians and injured 57 more. Translated by RFA Burmese. Edited by Mike Firn. Copyright 1998-2023, RFA. Used with the permission of Radio Free Asia, 2025 M St. NW, Suite 300, Washington DC 20036. For any commercial use of RFA content please send an email to: mahajanr@rfa.org. RFA content November not be used in a manner which would give the appearance of any endorsement of any product or support of any issue or political position. Please read the full text of our Terms of Use.

779062

nan

ETF Daily News

MarketBeat News

PT Bank Central Asia Tbk (OTCMKTS:PBCRF) Short Interest Down 56.3% in November

PT Bank Central Asia Tbk (OTCMKTS:PBCRF – Get Free Report) saw a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 12,200 shares, a drop of 56.3% from the October 31st total of 27,900 shares. Based …

https://www.etfdailynews.com/2023/11/29/pt-bank-central-asia-tbk-otcmktspbcrf-short-interest-down-56-3-in-november/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/pt-bank-central-asia-tbk-logo.png?v=20230502085018&w=240&h=240&zc=2

2023-11-29 14:02:43

PT Bank Central Asia Tbk (OTCMKTS:PBCRF – Get Free Report) saw a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 12,200 shares, a drop o… [+1267 chars]

Asia

PT Bank Central Asia Tbk (OTCMKTS:PBCRF–Get Free Report) saw a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 12,200 shares, a drop of 56.3% from the October 31st total of 27,900 shares. Based on an average trading volume of 55,900 shares, the short-interest ratio is currently 0.2 days. PBCRF stockopened at $0.56 on Wednesday. The business has a 50 day moving average of $0.57 and a 200 day moving average of $0.57. PT Bank Central Asia Tbk has a twelve month low of $0.51 and a twelve month high of $0.65. (Get Free Report) Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverPT Bank Central Asia Tbk, together with its subsidiaries, provides banking products and services to individual, corporate, and small and medium enterprise customers in Indonesia and internationally. It offers savings accounts; motorcycle financing, as well as car, housing, working capital, and investment loans; mutual funds and bonds; electronic money services; credit cards; business collection services; and home and eBanking, remittance, and customer services.

779075

the-times-of-india

The Times of India

Reuters

Bangladesh opposition vows to continue protests despite 'autocratic' crackdown

South Asia News: DHAKA: Bangladesh's main opposition party said on Wednesday it would continue its anti-government protests despite what a rights group called an "auto.

https://timesofindia.indiatimes.com/world/south-asia/bangladesh-opposition-vows-to-continue-protests-despite-autocratic-crackdown/articleshow/105593329.cms

2023-11-29 10:36:39

Best pre-bridal juices for a glowing skin

Asia

DHAKA: Bangladesh's main opposition party said on Wednesday it would continue its anti-government protests despite what a rights group called an "autocratic crackdown" ahead of a general election in January. The Bangladesh Nationalist Party (BNP), whose top leadership is either jailed or in exile, has already said it will boycott the election if Prime Minister Sheikh Hasinadoes not resign and allow a caretaker government to oversee the poll, to be held on Jan.7. At least four people, including a policeman, have been killed and hundreds injured in violent protests across the country in the past few weeks, police said. "Our peaceful and democratic protest programmes will continue in spite of the government crackdown on BNP, until the fundamental voting rights of the people of Bangladesh are restored," Abdul Moyeen Khan, a former minister and member of the BNP's highest policy-making body, told Reuters. Two people were injured in the capital, Dhaka, when a crude bomb exploded on Wednesday as a countrywide transport blockade called by the BNP was underway, police said. Dozens of buses and vehicles have been set on fire over the past one month, authorities said. "People have no civil rights, no guarantee of living in safety. In order to end this misrule and lawlessness, the ongoing movement must be accelerated and the victory of the people must be ensured," senior BNP official Ruhul Kabir Rizvi said. Hasina, seeking her fourth straight five-year term in office, has repeatedly ruled out handing power to a caretaker government and accused the BNP of "terrorism and hooliganism". BNP said four people have been killed and more than 5,330 people arrested since the election was announced on Nov. 15. Police say they have arrested only those responsible for violence. Human Rights Watch has accused the government of targeting opposition leaders and supporters. "The government is claiming to commit to free and fair elections with diplomatic partners while the state authorities are simultaneously filling prisons with the ruling Awami League's political opponents," said Julia Bleckner, senior Asia researcher at Human Rights Watch. "Diplomatic partners should make clear that the government's autocratic crackdown will jeopardise future economic cooperation," the rights group said in a statement quoting Bleckner. It said it has found evidence that security forces are responsible for using excessive force, mass arbitrary arrests, enforced disappearances, torture, and extrajudicial killings in a recent spate of election-related violence, based on interviews with 13 witnesses and an analysis of videos and police reports. The government denies the accusations but it is under pressure from Western countries to hold free and fair elections. Hasina's arch rival and two-time premier, BNP leader Khaleda Zia, is effectively under house arrest on what her party calls trumped-up corruption charges.

779112

the-times-of-india

The Times of India

Reuters

Rupee ends flattish even as dollar hovers near 3-month low

"When the dollar index was at 107, we were near 83.30. Now the dollar index is at 102, we're still near 83.30," a foreign exchange trader at a private bank said.

https://economictimes.indiatimes.com/markets/forex/rupee-ends-flattish-even-as-dollar-hovers-near-3-month-low/articleshow/105594170.cms

2023-11-29 11:00:59

The Indian rupee closed little changed on Wednesday, as U.S. dollar demand from oil companies and other importers eroded the impact of the dollar index hovering near a three-month low.The rupee ended… [+1667 chars]

Asia

Agencies The Indian rupee closed little changed on Wednesday, as U.S. dollar demand from oil companies and other importers eroded the impact of the dollar index hovering near a three-month low. The rupee ended at 83.3250 against the dollar, little changed from its close at 83.3325 in the previous session. The dollar index fell to its lowest since August in Asia trading hours and was last quoted at 102.83. U.S. Treasury yields also edged down in Asia, with the 10-year dipping to 4.25%, the lowest since September. The rupee has largely been on the sidelines even as the greenback has retreated on hopes of Federal Reserve rate cuts next year. "When the dollar index was at 107, we were near 83.30. Now the dollar index is at 102, we're still near 83.30," a foreign exchange trader at a private bank said. Month-end dollar demand from importers, including local oil companies, capped gains for the rupee on Wednesday, the trader added. Comments from U.S. Federal Reserve officials have signalled growing comfort about the prevailing level of policy rates. If inflation keeps falling "for several more months... we could start lowering the policy rate just because inflation is lower," Fed Governor Christopher Waller said on Tuesday. Fed futures are now pricing in slightly more than 100 basis points of rate cuts in 2024, beginning most likely from May. The rupee is unlikely to appreciate much in the near-term, Gaurang Somaiya, a foreign exchange research analyst at Motilal Oswal Financial Services, said. But it will be key to see what actually spikes volatility in the rupee, given its general unresponsiveness, Somaiya added. The rupee's actual and expected volatility continues to hold near multi-year lows. Investors now await the release of India's GDP figures and U.S. inflation data on Thursday. (Reporting by Jaspreet Kalra; Editing by Mrigank Dhaniwala) Connect with Experts - Wealth creation made easy Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on rupee rate rupee usd rupee rate today rupee vs dollar rbi rupee news rupee price today rupee today (What's moving Sensex and Nifty Track latest market news , stock tips and expert advice on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Download The Economic Times News App to get Daily Market Updates & Live Business News. Read Economic Times Epaper . Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price ... more less Pick the best stocks for yourself Powered by Weekly Top Picks: Eight stocks with consistent score improvement and upside potential of up to 40% 9 mins read 4 stocks with 5 % to 8.87% dividend yields and continuous dividend payments for 7 years 7 mins read Weekly Top Picks: Seven large & mid caps with consistent score improvement and upside potential of up to 42% 9 mins read What do Q2 LIC results indicate for other Insurance companies? Two Life and 3 non-life Insurance players with “buy” and “strong buy” ratings 3 mins read Large cap stocks with upside potential of more than 25% 4 mins read 5 stocks for a high dividend yielding portfolio 8 mins read Eight midcap stocks, 2 with“ Strong Buy” and 6 with “Buy” recommendations with potential upside of up to 35% 7 mins read Six high ROE and low PEG ratio stocks, right combination for wealth creation 8 mins read View More Stories Subscribe to ETPrime

779214

nan

ETF Daily News

MarketBeat News

Short Interest in Smiths Group plc (OTCMKTS:SMGZY) Declines By 51.8%

Smiths Group plc (OTCMKTS:SMGZY – Get Free Report) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 5,300 shares, a drop of 51.8% from the October 31st total of 11,000 sh…

https://www.etfdailynews.com/2023/11/29/short-interest-in-smiths-group-plc-otcmktssmgzy-declines-by-51-8/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/smiths-group-plc-logo.png&w=240&h=240&zc=2

2023-11-29 12:40:47

Smiths Group plc (OTCMKTS:SMGZY – Get Free Report) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 5,300 shar… [+1801 chars]

Asia

Smiths Group plc (OTCMKTS:SMGZY–Get Free Report) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 5,300 shares, a drop of 51.8% from the October 31st total of 11,000 shares. Based on an average daily volume of 14,400 shares, the days-to-cover ratio is presently 0.4 days. Separately, JPMorgan Chase & Co. raised their target price on Smiths Group from GBX 1,920 ($24.25) to GBX 1,980 ($25.01) in a research report on Wednesday, September 27th. View Our Latest Analysis on Smiths Group Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverShares ofSMGZYopened at $20.75 on Wednesday. Smiths Group has a fifty-two week low of $18.49 and a fifty-two week high of $21.99. The business has a 50-day moving average of $19.86 and a 200 day moving average of $20.45. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.94 and a quick ratio of 1.23. The business also recently announced a dividend, which will be paid on Friday, December 1st. Shareholders of record on Friday, October 20th will be paid a $0.3255 dividend. The ex-dividend date of this dividend is Thursday, October 19th. This is an increase from Smiths Group’s previous dividend of $0.14. (Get Free Report) Smiths Group plc operates as a technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four divisions: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane division offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.

779228

nan

GlobeNewswire

Research Nester

Network Attached Storage Market revenue to hit USD 127 Billion by 2036, says Research Nester

Key network attached storage market players include Buffalo Americas Inc., Dell Technologies Inc, Western Digital Corporation, NetApp, Inc., Sinology Inc. Key network attached storage market players include Buffalo Americas Inc., Dell Technologies Inc, Wester…

https://www.globenewswire.com/news-release/2023/11/29/2787579/0/en/Network-Attached-Storage-Market-revenue-to-hit-USD-127-Billion-by-2036-says-Research-Nester.html

https://ml.globenewswire.com/Resource/Download/77e335b1-e272-4a4c-a0ff-211ce0caee29

2023-11-29 11:30:00

New York, Nov. 29, 2023 (GLOBE NEWSWIRE) -- The global network attached storage market size is poised to grow at a CAGR of over 12% from 2024 to 2036. The market is anticipated to garner a revenue of… [+8456 chars]

Asia

New York, Nov. 29, 2023 (GLOBE NEWSWIRE) -- The global network attached storage market size is poised to grow at a CAGR of over 12% from 2024 to 2036. The market is anticipated to garner a revenue of USD 127 billion by the end of 2036, up from a revenue of USD 26 billion in the year 2023. The amount of data generated worldwide is increasing at an unprecedented rate. This is due to the proliferation of digital devices, the rise of the internet of things (IoT), and the increasing digitization of businesses and industries. Request Free Sample Copy of this Report @https://www.researchnester.com/sample-request-5296 According to the most recent estimates, 320 million terabytes of data are produced every day. That's 120 zettabytes per year in zettabytes. As a result, there is a growing need for data storage solutions that are reliable, scalable, and cost-effective. NAS is a type of file-level data storage device that is connected to a network and enables multiple users and client devices to access files from a centralized location. As the demand for data storage grows, so too does the demand for NAS solutions that can handle large volumes of data and provide fast and efficient access to that data. Network Attached StorageMarket: Key Takeaways Growing Adoption of Cloud Services to Boost Market Growth Cloud services are becoming increasingly popular due to their convenience, scalability, and cost-effectiveness. With the rise of remote work and the need for flexible storage solutions, more and more businesses are turning to cloud services to store and manage their data. More than 99% of workers expressed the desire to work remotely at least occasionally. It has been predicted that hybrid work models will grow from 45% in 2021 to 82% in 2024. This shift towards cloud services is having a significant impact on the network attached storage market. As businesses increasingly rely on cloud services, they are needing more storage capacity and scalability. As a result, the demand for network attached storage systems is expected to rise, as businesses look to store and manage their data remotely. Network Attached StorageIndustry: Regional Overview The globalnetwork attached storagemarketis segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa region. Growing Demand for Data Storage to Drive the Growth in the North America Region The network attached storage market in North America region is estimated to garner the largest revenue share of 35% by the end of 2036. A growing demand for data storage in the region necessitates more efficient and effective storage solutions. Companies such as Buffalo AMERICAS Inc, Dell Technologies Inc., and Western Digital Corporation are investing heavily in the development of advanced storage solutions, such as network attached storage, to meet the growing demand. This, in turn, is driving the growth of the market in the region. Further, with wireless technologies becoming more widely available in region, the need for high-capacity data storage solutions has increased. an American survey revealed that the wireless sector spent nearly USD 35 billion in 2021 on expanding, improving, and operating networks. Increasing Number of Data Centres to Drive the Growth in the Asia Pacific Region The Asia Pacific network attached storage market is estimated to garner the largest revenue share of 27% by the end of 2036. This is largely due to the increasing number of data centers in the region, as well as the presence of a large number of IT and telecom industries in the region. Approximately 10 million square feet make up the largest data center in the world, which is owned and operated by China Telecom. Over 6 million square feet of data center space are occupied by China Mobile. Additionally, the region is also witnessing a strong demand for data storage solutions due to the increasing adoption of cloud computing and big data. Furthermore, the region is also witnessing a rapid rise in the consumption of digital media, which is further driving the demand for data storage solutions. Make an Inquiry Before Buying this Report @https://www.researchnester.com/inquiries-before-buying-5296 Network Attached StorageSegmentation by Product The enterprise segment is anticipated to hold the largest revenue by the end of 2036. Enterprise NAS solutions offer higher scalability, performance, and reliability, making them the preferred choice for organizations that require large amounts of data storage. Enterprise level NAS servers enable connectivity for, over 1000 clients or users. In organizations most of these servers support various RAID configurations, including RAID 0, RAID 1, RAID 1 + 0, RAID 5, RAID 5 + 0, RAID 6 and others. Additionally, the cost of enterprise NAS solutions are typically lower than the cost of cloud storage, making them an attractive option for businesses that need large amounts of storage for their operations. Network Attached StorageSegmentation by End User The IT and telecom segment is anticipated to hold the largest revenue by the end of 2036 due to increasing demand for virtualized storage systems, growing demand for backup and recovery solutions, and increasing adoption of cloud-based services. Additionally, the increasing demand for bandwidth in data centers, and the growing demand for data centers due to growing data traffic, are also expected to contribute to the growth of the IT and telecom segment. Moreover, with an increased number of users, telecom service providers need to store more data. In 2022, there were almost 6.5 billion smartphone subscriptions worldwide, and by 2028 there are expected to be 7.8 billion. The United States, China, and India have the highest number of smartphone mobile network subscriptions. NAS devices offer users the ability to access their data from anywhere with an internet connection, making them ideal for telecom service providers. Network Attached StorageSegmentation by Storage Solution Network Attached StorageSegmentation by Design A few of the well-known market leaders in the global network attached storage market that are profiled by Research Nester are Buffalo Americas Inc., Dell Technologies Inc, Western Digital Corporation, NetApp, Inc., Sinology Inc, and other key market players. Request for Customization of this Report @https://www.researchnester.com/customized-reports-5296 Recent Development in the Market About Research Nester Research Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties. With an out-of-the-box mindset to produce statistical and analytical market research reports, we provide strategic consulting so that our clients can make wise business decisions with clarity while strategizing and planning for their forthcoming needs and succeed in achieving their future endeavors. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds.

779229

nan

GlobeNewswire

Research Nester

Network Telemetry Market revenue to reach USD 29.5 Billion by 2036, says Research Nester

Network Telemetry Market revenue to reach USD 29.5 Billion by 2036, says Research Nester Network Telemetry Market revenue to reach USD 29.5 Billion by 2036, says Research Nester

https://www.globenewswire.com/news-release/2023/11/29/2787566/0/en/Network-Telemetry-Market-revenue-to-reach-USD-29-5-Billion-by-2036-says-Research-Nester.html

https://ml.globenewswire.com/Resource/Download/77e335b1-e272-4a4c-a0ff-211ce0caee29

2023-11-29 11:00:00

New York , Nov. 29, 2023 (GLOBE NEWSWIRE) -- The global network telemetry market size is projected to expand at 40% CAGR between 2024 and 2036. The market is expected to garner a revenue of USD 29.5 … [+9264 chars]

Asia

New York , Nov. 29, 2023 (GLOBE NEWSWIRE) -- The global network telemetry market size is projected to expand at 40% CAGR between 2024 and 2036. The market is expected to garner a revenue of USD 29.5 billion by the end of 2036, up from a revenue of USD 350 million in the year 2023. As organizations increasingly rely on their networks to conduct business, the need for network visibility has become more important than ever. Network visibility allows IT teams to monitor network traffic, identify potential issues, and proactively address them before they become larger problems. Request Free Sample Copy of this Report @https://www.researchnester.com/sample-request-5287 This is especially critical in today's environment where cyber-attacks and other security threats are becoming more sophisticated and frequent. There were nearly 1.2 billion email breaches in a year, affecting one in six internet users. A data breach costs businesses on average $4.30 million in 2022. In the first half of 2022, there were around 230 million ransomware attacks worldwide. As a result, the demand for network telemetry solutions has been steadily increasing. These solutions provide real-time visibility into network performance and security, allowing organizations to quickly detect and respond to issues. Network TelemetryMarket: Key Takeaways Emergence of IoT and Edge Computingto Boost Market Growth The Internet of Things (IoT) and Edge Computing are two major technological advancements that have revolutionized the way data is collected, processed, and analyzed. IoT refers to the interconnected network of devices, vehicles, and appliances that are embedded with sensors, software, and network connectivity. These devices generate vast amounts of data that can be analyzed to derive insights and improve operations. The number of IoT devices is expected to exceed 16 billion in 2023, which is a 56% increase over 2020. Data generated by these devices is expected to reach 80 zettabytes (ZB) by 2025.Edge Computing, on the other hand, is a distributed computing paradigm that brings computation and data storage closer to the devices that generate the data. This reduces the latency and bandwidth requirements for transmitting data to centralized servers for processing. Edge Computing enables real-time processing of data and reduces the need for high-speed connections, making it ideal for IoT applications.The emergence of IoT and Edge Computing has led to a surge in the volume, velocity, and variety of data generated by networked devices. This has created a need for advanced network telemetry solutions that can collect, process, and analyze this data in real-time. The Network Telemetry market is expected to grow significantly as a result of the increasing demand for these solutions. Network TelemetryIndustry: Regional Overview The globalnetwork telemetrymarketis segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa region. Increased Investment in Network Technologies to Drive the Growth in the North America Region The network telemetry market in North America region is estimated to garner the largest revenue by the end of 2036. This is largely due to the fact that the region is home to the largest number of network equipment manufacturers, as well as a growing number of enterprises, who are deploying more and more network telemetry solutions. In the United States, the telecommunications equipment industry is experiencing tremendous growth. The U.S. technology industry, including Cisco, Bay Networks, and 3Com, has experienced strong growth in the recent years. This growth is due to increased investment in network technologies, such as faster speed and higher bandwidth, as well as increasing demand from companies for more advanced network solutions. Presence of largest number of internet users and largest economies to drive the Growth in the Asia Pacific Region The Asia Pacific network telemetry market is estimated to garner the largest revenue by the end of 2036. This is due to the fact that the region is home to the largest number of internet users and has the largest economies in the world such as India, Japan, and China. As of June 2023, India had over 1.3 billion internet users, whereas China's internet population grew by 12 million since December 2022. Additionally, the region is also witnessing a rapid surge in the adoption of 5G and AI technologies, which are expected to drive the demand for network telemetry services in the region. This surge in the adoption of 5G and AI technologies has created the need for more sophisticated network monitoring and management tools, and this is where network telemetry services come in. These services provide a comprehensive view of the network, allowing network administrators to monitor and analyze the performance of the network in real-time and identify any potential problems. Make an Inquiry Before Buying this Report @https://www.researchnester.com/inquiries-before-buying-5287 Network TelemetrySegmentation by Components The network telemetry market service segment is anticipated to hold the largest revenue by the end of 2036. Network Telemetry services are essential for organizations to monitor their networks, detect threats, and optimize performance. These services are also necessary to ensure that networks are secure and compliant. Thus, they are in high demand and are expected to grow significantly in the coming years. Furthermore, with the increasing deployment of IoT and 5G, organizations will need to rely on Network Telemetry services to ensure their networks are secure and functioning properly. A recent report indicates that there were 450 million 5G connections added across the globe in 2022. Overall, the number of customers increased by 15% sequentially from 920 million in Q3 2022 to 1 billion in Q4 2022. Additionally, as organizations continue to adopt cloud technologies, they will require Network Telemetry services to monitor and secure their cloud networks. Network TelemetrySegmentation by Deployment Mode The cloud-based segment is anticipated to hold the largest revenue by the end of 2036. Cloud-based services have become increasingly popular in recent years due to their numerous benefits, including increased scalability, flexibility, and cost-effectiveness. As more and more businesses adopt cloud-based services, the demand for Network Telemetry solutions that can monitor and analyze network traffic in real-time is also increasing. Cloud adoption among enterprise organizations is over 95%, with over 92% of organizations using it. In 82% of organizations, multiple public clouds and private clouds are being used. Cloud-based services rely heavily on network infrastructure to function properly. In order to ensure that these services are performing optimally, businesses need to have a clear understanding of their network traffic. Network TelemetrySegmentation by Type Network TelemetrySegmentation by End Use Network TelemetrySegmentation by Organizational Size Network TelemetrySegmentation by Application A few of the well-known market leaders in the global network telemetry market that are profiled by Research Nester are Cisco Systems, Juniper Networks, Arista Networks, Mellanox Technologies, Pluribus Networks, Barefoot Networks, Solarflare Communications, VOLANSYS Technologies, Nokia Corporation, IBM Corporation, and other key market players. Request for Customization of this Report @https://www.researchnester.com/customized-reports-5287 Recent Development in the Network Telemetry Market About Research Nester Research Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties. With an out-of-the-box mindset to produce statistical and analytical market research reports, we provide strategic consulting so that our clients can make wise business decisions with clarity while strategizing and planning for their forthcoming needs and succeed in achieving their future endeavors. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds.

779231

nan

GlobeNewswire

Research Nester

Power Monitoring Device Market revenue to surpass USD 7.5 Billion by 2036, says Research Nester

Major power monitoring device market players include Schneider Electric, ABB Ltd, Siemens Aktiengesellschaft, Emerson Electric Co., FINDER S.p.A., PHOENIX CONTACT, Weidmuller Interface GmbH & Co. KG, Rockwell Automation Inc., Analog Devices, Inc., and Eaton C…

https://www.globenewswire.com/news-release/2023/11/29/2787545/0/en/Power-Monitoring-Device-Market-revenue-to-surpass-USD-7-5-Billion-by-2036-says-Research-Nester.html

https://ml.globenewswire.com/Resource/Download/77e335b1-e272-4a4c-a0ff-211ce0caee29

2023-11-29 10:00:00

New York, Nov. 29, 2023 (GLOBE NEWSWIRE) -- The global power monitoring device market size is expected to expand at ~6% CAGR from 2024 to 2036. The market is anticipated to garner a revenue of USD 7.… [+7804 chars]

Asia

New York, Nov. 29, 2023 (GLOBE NEWSWIRE) -- The global power monitoring device market size is expected to expand at ~6% CAGR from 2024 to 2036. The market is anticipated to garner a revenue of USD 7.5 billion by the end of 2036, up from a revenue of ~USD 3.5 billion in the year 2023.The rising demand for energy-efficient solutions across various industries is one of the major driving factors for the market.Request Free Sample Copy of this Report @https://www.researchnester.com/sample-request-5301 With the increasing focus on reducing energy consumption and carbon footprint, there is a growing need for monitoring and controlling energy usage in real-time. It was found that urban buildings had a carbon footprint of 13.50 million tons in 2009, up from 8.90 million tons in 2005, and that 45% of CO2 emissions originated from buildings. NZE[R1]Scenario (Net Zero Emissions by 2050 Scenario) describes a path towards net zero CO2 emissions by 2050 for the global energy sector, with advanced economies achieving net zero emissions first. Power monitoring devices help in identifying energy wastage and optimizing energy usage, thereby reducing operational costs and enhancing energy efficiency. Growing Adoption of IoT and Cloud-based Solutions to Boost Market Growth The increasing adoption of IoT and cloud-based solutions is another key driver for the power monitoring device market. Approximately 65% of respondents currently employ public cloud computing, while 47% use private cloud computing. Over 40% of respondents already run at least half their workload on the cloud. The shift from non-IoT to IoT devices has been noticeable over the last decade, with 76% of all devices expected to be IoT by 2030. With the integration of IoT and cloud-based technologies, power monitoring devices can provide real-time data analysis, remote monitoring, and predictive maintenance capabilities. This helps in improving the overall operational efficiency and reducing downtime, thereby driving the demand for power monitoring devices. Power Monitoring DeviceMarket: Regional Overview The market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa region. Increasing installation of smart meters to Drive the Growth in the North America Region Thepower monitoring devicemarket in North America region is estimated to garner the largest revenue by the end of 2036. This is because North America has invested heavily in renewable energy sources such as solar and wind, which require more monitoring to ensure they are working efficiently and that the power infrastructure is adequate to support them. Further, government initiatives to promote energy efficiency and the adoption of smart grid technology, as well as the installation of smart meters, contribute to the growth of this market. USA electricity utilities installed 111 million advanced metering infrastructure installations in 2021, which represents about 66[R2]% of all electrical meters installed in the country. AMI meters account for about 69% of all residential electric meters, and about 88% of all AMI installations are residential customers. Make an Inquiry Before Buying this Report @https://www.researchnester.com/inquiries-before-buying-5301 Increasing investing in smart grids technology to drive the Growth in the Asia Pacific Region The Asia Pacific power monitoring device market is estimated to garner the largest revenue by the end of 2036. Governments in the region are investing in smart grids due to their potential benefits such as improved efficiency, reduced energy costs, and reduced carbon emissions. An Indian government-run scheme aimed at modernizing and strengthening distribution infrastructure, including the installation of smart meters, is scheduled to be launched in 2022 to cover 250 million devices. The increasing adoption of smart grids is creating new opportunities for power monitoring devices. Smart grids require advanced monitoring and control systems to ensure efficient and reliable power distribution. Power monitoring devices can help utilities to monitor power quality, detect faults, and optimize energy usage in real-time. Power Monitoring DeviceSegmentation by Device The measuring & monitoring systems segment is anticipated to hold the largest revenue by the end of 2036. This surge in demand is likely due to the need for households and industry to accurately measure their energy consumption. Residential electricity prices in the United States averaged 15.12 cents per kWh in 2022, an increase of 11% over 2021 when they averaged 13.66 cents per kWh. Power monitoring systems are also becoming increasingly popular for businesses, as they are used to control energy costs, maximize efficiency, and reduce emissions. With rising energy costs, households and industry need to become more conscious of their energy consumption in order to reduce their energy bills. Power Monitoring DeviceSegmentation by End User The utilities & renewables segment is anticipated to hold the largest revenue by the end of 2036. This is due to increasing demand for energy-efficient solutions, rising concerns about emissions, and an increase in the installation of renewable energy technologies. About 20% of all electricity in the US is generated by renewable energy, such as wind power. The US grid's electricity generation capacity is expected to reach over 60% by 2022 by using renewable energy sources, such as solar and wind. Additionally, the segment is expected to benefit from the implementation of smart grids, which will require power monitoring devices. Smart grids will enable better control over energy costs, reduce electricity losses, increase energy efficiency, and provide more reliable services. Request for Customization of this Report @https://www.researchnester.com/customized-reports-5301 A few of the well-known industry leaders in power monitoring device market that are profiled by Research Nester are Schneider Electric, ABB Ltd, Siemens Aktiengesellschaft, Emerson Electric Co., FINDER S.p.A., PHOENIX CONTACT, Weidmuller Interface GmbH & Co. KG, Rockwell Automation Inc., Analog Devices, Inc., Eaton Corporation PLC., and other key market players. Recent Development in the Power Monitoring Device Market About Research Nester Research Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties. With an out-of-the-box mindset to produce statistical and analytical market research reports, we provide strategic consulting so that our clients can make wise business decisions with clarity while strategizing and planning for their forthcoming needs and succeed in achieving their future endeavors. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds.

779251

nan

GlobeNewswire

Research and Markets

Global Zinc Market for Sustainable Energy Report 2023: Market to Grow to $900+ Million in 2033 - Advancements in Zinc-ion Battery Tech Drive Growth

Dublin, Nov. 29, 2023 (GLOBE NEWSWIRE) -- The "Zinc Market for Sustainable Energy - A Global and Regional Analysis, 2023-2033" report has been added to ResearchAndMarkets.com's offering.

https://www.globenewswire.com/news-release/2023/11/29/2787844/28124/en/Global-Zinc-Market-for-Sustainable-Energy-Report-2023-Market-to-Grow-to-900-Million-in-2033-Advancements-in-Zinc-ion-Battery-Tech-Drive-Growth.html

https://ml.globenewswire.com/Resource/Download/908fb457-7f8e-4a08-9081-5565e3dfb3d7

2023-11-29 14:13:00

Dublin, Nov. 29, 2023 (GLOBE NEWSWIRE) -- The "Zinc Market for Sustainable Energy - A Global and Regional Analysis, 2023-2033" report has been added to ResearchAndMarkets.com's offering. The global … [+6230 chars]

Asia

Dublin, Nov. 29, 2023 (GLOBE NEWSWIRE) -- The"Zinc Market for Sustainable Energy - A Global and Regional Analysis, 2023-2033"report has been added toResearchAndMarkets.com'soffering. The global zinc market for sustainable energy is to exceed $350 Million in 2023 and is anticipated to grow to more than $900 Million in 2033, witnessing a CAGR of 9.9% during the forecast period 2023-2033. The zinc market plays a crucial role in the sustainable energy sector, contributing to various applications that support clean and renewable energy technologies. Zinc, a versatile and abundant metal, is employed in diverse ways to advance the goals of sustainable energy production and storage. Key factors contributing to the growth of the zinc market include advancements in zinc-ion battery technology, favorable government policies supporting renewable energy adoption, and the rising awareness of environmental sustainability among consumers and businesses alike. How can this report add value to an organization? Product/Innovation Strategy:The global zinc market for sustainable energy has been extensively segmented based on various categories, such as form and product type. This can help readers get a clear overview of which segments account for the largest share and which ones are well-positioned to grow in the coming years. Growth/Marketing Strategy:The global zinc market for sustainable energy has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. Competitive Strategy:Key players in the global zinc market for sustainable energy analyzed and profiled in the study involve established and emerging players. Moreover, a detailed competitive benchmarking of the players operating in the global zinc market for sustainable energy has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market. Key Market Players and Competition Synopsis The companies that are profiled have been selected based on inputs gathered from primary experts and analysing company coverage, product portfolio, and market penetration. Key Highlights from the Report: Key Questions Answered in the Report: Key Attributes: Markets: Industry Outlook Trends: Current and Future Impact Assessment Market Dynamics Overview Supply Chain Overview R&D Review Stakeholder Analysis Impact analysis for key global events- covid19, Russia/Ukraine or Middle East crisis Regulatory Landscape Company Profiles Market Segmentation End-Use Industry Form Product Type Region For more information about this report visithttps://www.researchandmarkets.com/r/ijc7lz About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment

779254

nan

ETF Daily News

MarketBeat News

Deutsche Börse AG (OTCMKTS:DBOEY) Sees Large Growth in Short Interest

Deutsche Börse AG (OTCMKTS:DBOEY – Get Free Report) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 35,200 shares, a growth of 700.0% from the October 31st total of 4,400 shares. Based on…

https://www.etfdailynews.com/2023/11/29/deutsche-borse-ag-otcmktsdboey-sees-large-growth-in-short-interest/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/deutsche-boerse-ag-logo.gif&w=240&h=240&zc=2

2023-11-29 12:42:44

Deutsche Börse AG (OTCMKTS:DBOEY – Get Free Report) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 35,200 shares, a growth of … [+2212 chars]

Asia

Deutsche Börse AG (OTCMKTS:DBOEY–Get Free Report) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 35,200 shares, a growth of 700.0% from the October 31st total of 4,400 shares. Based on an average trading volume of 166,200 shares, the short-interest ratio is presently 0.2 days. Separately, UBS Group downgraded shares of Deutsche Börse from a “buy” rating to a “neutral” rating in a research note on Monday, August 7th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $204.10. Check Out Our Latest Research Report on DBOEY Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverOTCMKTS DBOEYopened at $18.92 on Wednesday. The firm’s 50 day moving average price is $17.30 and its 200-day moving average price is $17.78. Deutsche Börse has a 52-week low of $16.13 and a 52-week high of $20.61. Deutsche Börse (OTCMKTS:DBOEY–Get Free Report) last posted its earnings results on Wednesday, October 18th. The financial services provider reported $0.25 EPS for the quarter. Deutsche Börse had a net margin of 28.70% and a return on equity of 18.93%. The company had revenue of $1.58 billion during the quarter. As a group, research analysts expect that Deutsche Börse will post 1 earnings per share for the current fiscal year. (Get Free Report) Deutsche Börse AG operates as an exchange organization in Europe, America, and the Asia-Pacific. The company operates through four segments: Data & Analytics; Trading & Clearing; Fund Services; and Securities Services. It engages in the trading of derivatives, electricity and gas products, emission rights, foreign exchange, and commodity products; operating EEX and 360T over the counter trading platform for financial instruments, such as foreign exchange, money market, and interest rate products; and operating as a central counterparty.

779307

nan

ETF Daily News

MarketBeat News

Cantor Fitzgerald Initiates Coverage on Microvast (NASDAQ:MVST)

Equities researchers at Cantor Fitzgerald initiated coverage on shares of Microvast (NASDAQ:MVST – Get Free Report) in a research report issued to clients and investors on Wednesday, Briefing.com reports. The brokerage set an “overweight” rating and a $8.00 p…

https://www.etfdailynews.com/2023/11/29/cantor-fitzgerald-initiates-coverage-on-microvast-nasdaqmvst/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/microvast-holdings-inc-logo.jpg?v=20210804084427&w=240&h=240&zc=2

2023-11-29 12:40:44

Equities researchers at Cantor Fitzgerald initiated coverage on shares of Microvast (NASDAQ:MVST – Get Free Report) in a research report issued to clients and investors on Wednesday, Briefing.com rep… [+3599 chars]

Asia

Equities researchers at Cantor Fitzgerald initiated coverage on shares ofMicrovast (NASDAQ:MVST–Get Free Report)in a research report issued to clients and investors on Wednesday,Briefing.comreports. The brokerage set an “overweight” rating and a $8.00 price target on the stock. Other equities analysts have also issued reports about the company. Oppenheimer reissued an “outperform” rating and set a $8.00 price objective on shares of Microvast in a report on Tuesday, August 8th. Janney Montgomery Scott started coverage on Microvast in a report on Thursday, August 31st. They issued a “buy” rating and a $8.00 price target for the company. View Our Latest Report on MVST Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverMVST stockopened at $1.03 on Wednesday. The business has a 50 day moving average of $1.46 and a 200-day moving average of $1.78. Microvast has a 12-month low of $0.84 and a 12-month high of $2.91. The firm has a market cap of $326.04 million, a PE ratio of -2.78 and a beta of 1.56. The company has a quick ratio of 0.82, a current ratio of 1.20 and a debt-to-equity ratio of 0.13. Microvast (NASDAQ:MVST–Get Free Report) last announced its quarterly earnings data on Thursday, November 9th. The company reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.04. Microvast had a negative return on equity of 19.53% and a negative net margin of 43.28%. The business had revenue of $80.12 million during the quarter, compared to analyst estimates of $76.11 million. As a group, sell-side analysts expect that Microvast will post -0.35 earnings per share for the current year. In related news, Director Yanzhuan Zheng sold 313,009 shares of the stock in a transaction on Friday, September 15th. The stock was sold at an average price of $2.02, for a total value of $632,278.18. Following the sale, the director now owns 1,710,000 shares in the company, valued at $3,454,200. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available atthis link. 31.30% of the stock is currently owned by company insiders. Large investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its position in Microvast by 95.2% during the second quarter. EverSource Wealth Advisors LLC now owns 15,375 shares of the company’s stock valued at $25,000 after purchasing an additional 7,500 shares in the last quarter. Oppenheimer & Co. Inc. bought a new position in shares of Microvast during the second quarter valued at about $26,000. Prudential Financial Inc. bought a new position in shares of Microvast during the second quarter valued at about $26,000. American Century Companies Inc. bought a new position in shares of Microvast during the fourth quarter valued at about $30,000. Finally, Alliancebernstein L.P. bought a new position in shares of Microvast during the third quarter valued at about $31,000. Hedge funds and other institutional investors own 22.59% of the company’s stock. (Get Free Report) Microvast Holdings, Inc designs, develops, and manufactures battery systems for electric vehicles and energy storage systems in the United States, China, rest of the Asia Pacific, and Europe. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2.

779311

nan

GlobeNewswire

Quetta Acquisition Corporation

Quetta Acquisition Corporation Announces the Separate Trading of its Common Stock and Rights, Commencing on November 30, 2023

NEW YORK, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Quetta Acquisition Corporation (the “Company”) (Nasdaq: QETA), a blank check company, today announced that, commencing on November 30, 2023, holders of the 6,900,000 units (the “Units”) sold in the Company’s initial…

https://www.globenewswire.com/news-release/2023/11/29/2787564/0/en/Quetta-Acquisition-Corporation-Announces-the-Separate-Trading-of-its-Common-Stock-and-Rights-Commencing-on-November-30-2023.html

nan

2023-11-29 11:00:00

NEW YORK, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Quetta Acquisition Corporation (the Company) (Nasdaq: QETA), a blank check company, today announced that, commencing on November 30, 2023, holders of the 6… [+2996 chars]

Asia

NEW YORK, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Quetta Acquisition Corporation (the “Company”) (Nasdaq: QETA), a blank check company, today announced that, commencing on November 30, 2023, holders of the 6,900,000 units (the “Units”) sold in the Company’s initial public offering (the “Offering”) including Units sold upon a full exercise of the underwriters’ over-allotment option, may elect to separately trade the common stock and rights included in the Units. Any Units not separated will continue to trade on the NASDAQ Global Market (“NASDAQ”) under the symbol “QETAU.” Any underlying common stock and rights that are separated will trade on the NASDAQ under the symbols “QETA” and “QETAR,” respectively. Holders of Units will need to have their brokers contact the Company's transfer agent, Continental Stock Transfer & Trust Company, in order to separate the holders’ Units into common stock and rights. The Units were initially offered by the Company in an underwritten offering. EF Hutton, division of Benchmark Investments, LLC (“EF Hutton”), acted as sole book-running manager of the Offering. A registration statement on Form S-1 (File No. 333-274098) relating to these securities was declared effective by the Securities and Exchange Commission (the “SEC”) on October 5, 2023. The Offering was made only by means of a prospectus, copies of which may be obtained from EF Hutton, 590 Madison Ave 39th floor, New York, NY 10022 or by visiting EDGAR on the SEC’s website atwww.sec.gov. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Quetta Acquisition Corporation Quetta Acquisition Corporation is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company's efforts to identify a prospective target business will not be limited to a particular industry or geographic region, although the Company intends to prioritize the evaluation of businesses in Asia (excluding China, Hong Kong, and Macau) that operate in the financial technology sector. Forward-Looking Statements This press release contains statements that constitute “forward-looking statements” that involve risks and uncertainties. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of Quetta Acquisition Corporation, including those set forth in the Risk Factors section of Quetta Acquisition Corporation’s registration statement and prospectus for the Offering filed with the SEC. Copies are available on the SEC’s website,www.sec.gov. Quetta Acquisition Corporation undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Contact Information: Quetta Acquisition CorporationHui ChenChairman and CEO1185 Avenue of the Americas, Suite 301New York, NY 10036(212) 612-1400

779315

nan

ETF Daily News

MarketBeat News

Hollysys Automation Technologies (NASDAQ:HOLI) Sees Strong Trading Volume

Shares of Hollysys Automation Technologies Ltd. (NASDAQ:HOLI – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 308,211 shares were traded during trading, an increase of 29% from the previous session’s volume of 238,452 shares.Th…

https://www.etfdailynews.com/2023/11/29/hollysys-automation-technologies-nasdaqholi-sees-strong-trading-volume/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/hollysys-automation-technologies-ltd-logo.jpg?v=20221202155651&w=240&h=240&zc=2

2023-11-29 13:06:41

Shares of Hollysys Automation Technologies Ltd. (NASDAQ:HOLI – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 308,211 shares were traded during trading, an increase of… [+3202 chars]

Asia

Shares of Hollysys Automation Technologies Ltd. (NASDAQ:HOLI–Get Free Report) saw unusually-strong trading volume on Monday . Approximately 308,211 shares were traded during trading, an increase of 29% from the previous session’s volume of 238,452 shares.The stock last traded at $23.18 and had previously closed at $23.50. Separately,StockNews.comupgraded Hollysys Automation Technologies from a “hold” rating to a “buy” rating in a research report on Tuesday, November 21st. View Our Latest Stock Analysis on HOLI Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverThe firm has a market cap of $1.43 billion, a price-to-earnings ratio of 12.20 and a beta of 0.57. The business’s 50-day moving average is $20.88 and its 200-day moving average is $18.66. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.78 and a current ratio of 3.01. Hedge funds have recently modified their holdings of the company. Truist Financial Corp boosted its holdings in shares of Hollysys Automation Technologies by 2.7% in the 2nd quarter. Truist Financial Corp now owns 22,710 shares of the industrial products company’s stock worth $399,000 after acquiring an additional 588 shares in the last quarter. Quilter Plc acquired a new position in Hollysys Automation Technologies in the first quarter worth $645,450,000. Stifel Financial Corp boosted its stake in Hollysys Automation Technologies by 7.6% in the second quarter. Stifel Financial Corp now owns 14,688 shares of the industrial products company’s stock worth $258,000 after purchasing an additional 1,039 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Hollysys Automation Technologies by 1.9% during the third quarter. Invesco Ltd. now owns 60,026 shares of the industrial products company’s stock worth $1,191,000 after purchasing an additional 1,106 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Hollysys Automation Technologies by 2.1% in the third quarter. Bank of New York Mellon Corp now owns 73,187 shares of the industrial products company’s stock valued at $1,252,000 after buying an additional 1,506 shares in the last quarter. Institutional investors and hedge funds own 64.00% of the company’s stock. (Get Free Report) Hollysys Automation Technologies Ltd. provides automation control system solutions in the People's Republic of China, Southeast Asia, India, and the Middle East. The company offers a suite of industrial automation systems, including hardware-centric products, such as instrumentation and actuators; proprietary software-centric distributed control systems/programmable logic controllers; and valued-added software packages comprising simulation training system, HolliAS asset management system, advanced process control, and manufacturing execution system, as well as HOLLiAS MACS-N DCS, a proprietary nuclear power non-safety automation and control system.

779335

nan

GlobeNewswire

Straits Research

Global Biodegradable Plastic Market Size is Estimated to Reach USD 6.97 Billion by 2031, Growing at a CAGR of 13.5%: Straits Research

The adoption of bio-based and biodegradable plastic materials is driven by a rise in consumer awareness of the use of sustainable products connected to pressing environmental issues, such as global warming. Users increasingly favor bioplastics in various indu…

https://www.globenewswire.com/news-release/2023/11/29/2787665/0/en/Global-Biodegradable-Plastic-Market-Size-is-Estimated-to-Reach-USD-6-97-Billion-by-2031-Growing-at-a-CAGR-of-13-5-Straits-Research.html

https://ml.globenewswire.com/Resource/Download/c25b8e5a-9a9f-499a-8eb6-76ff0d860959

2023-11-29 12:50:00

New York, United States, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Biobased and biodegradable plastics are the ideal replacement for conventional plastic, even though they are currently more expensive than p… [+9298 chars]

Asia

New York, United States, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Biobased and biodegradable plastics are the ideal replacement for conventional plastic, even though they are currently more expensive than petroleum-based plastics. As consumer awareness of biobased products grows, there are more opportunities for growth in the biodegradable plastic market. PHA, one of the biodegradable plastic varieties, has yet to be widely commercialized because of high price issues. Several producers are currently implementing various strategies to lower the cost of PHA and maintain steady demand. Only 15 to 20 manufacturers operating in this market; most take care of the initial raw material processing. Due to the high demand for biodegradable plastic, these manufacturers' production capacities are changing quickly, and similar trends are anticipated throughout the forecast period. The majority of biobased/biodegradable plastics are produced in Asia-Pacific. With rising demand, it is anticipated that the cost of biodegradable plastics will fall. The largest market for biodegradable plastic in the world is that of packaging. Manufacturers are under pressure from regulatory organizations to create creative, efficient prepackaging strategies. Download Free Sample Report PDF @https://straitsresearch.com/report/biodegradable-plastic-market/request-sample Growth In the Use of Biodegradable Plastics by Consumers and Eco-Friendly Nature Biodegradable plastic has the potential to reduce carbon dioxide emissions by 30% to 70% when compared to conventional synthetic plastic. However, the substance has no adverse environmental effects because it is non-toxic and quickly degrades. Additionally, the breakdown of bioplastic emits very little greenhouse gas. Biodegradable plastic has a 42% lower carbon footprint. Due to these cutting-edge technical characteristics and functionalities, major corporations like Coca-Cola, Nestle, Nike, and Ford are interested in producing and using biobased biodegradable plastic materials in various applications. Using bio-based and biodegradable plastics is becoming more popular as consumers become more aware of the importance of using sustainable products to address urgent environmental problems like global warming. Users favor bioplastics in various industries, such as catering, packaging, agriculture, and automotive. Natural-degrading plastics are suitable for organic farming. Agricultural and horticultural professionals use biodegradable mulching films. The Rise in CSR Activities and Decreasing Dependence on Petroleum Resource According to Straits Research,"The global biodegradable plastic market size was valued at USD 2.23 billion in 2022. It is projected to reach USD 6.97 billion by 2031, growing at a CAGR of 13.5% during the forecast period (2023–2031)."As consumer environmental concerns grow, businesses use sustainable and environmentally friendly alternatives to develop and strengthen their brand image. For instance, leading companies like Coca-Cola and PepsiCo focus on using bio-based PLA, PSA, and other bottles for beverage packaging. The fluctuating price of crude oil, which raises the cost of heteroblastic, can be the solution to this issue. This issue can be resolved by enhancing R&D and reducing reliance on petroleum resources. The sector is anticipated to use a forward integration strategy to create its value chain because it has a robust infrastructure and capital base. PepsiCo’s “green” PET bottle is entirely composed of biomaterials and shares the same molecular structure. A shift in focus from petroleum to biobased resources is anticipated to present several growth opportunities over the ensuing years. Regional Analysis Europe is the highest contributor to the global biodegradable plastic market and is anticipated to grow at a CAGR of 12.7% during the forecast period. For proper waste management, Europe switches from conventional plastic to bioplastics. Promoting sustainable and biodegradable policies by European associations to the government and environment is a significant factor driving thegrowth of the biodegradable plastic market in Europe. The demand for bioplastic products among European consumers is rising, encouraging the expansion of biobased goods in this region. European consumers favor bioplastic products over conventional plastic ones due to their environmental benefits. Because of this, Europe controls a sizable portion of the global biodegradable market's revenue. European legal frameworks and strategies, which also provide growth prospects for the biodegradable market there, promote the widespread use of biobased plastics. Government policies that are helpful to producers of bioplastics are another significant factor driving the expansion of the European market. North America is expected to grow at the fastest CAGR of 13.7% during the forecast period. The North American market is rapidly growing due to the addition of new manufacturing facilities. Supportive government regulations and policies for the production and consumption of sustainable products, as well as the rise in consumer environmental awareness, influence manufacturers of synthetic plastics to favor the production of bio-based plastic materials. Consumers prefer bio-based and degradable plastic packaging due to growing environmental concerns about the non-degradability of synthetic plastic packaging materials. Additionally, it is anticipated that a legal and regulatory environment and educated consumers with significant purchasing power will support the growth of the North American biodegradable plastic market. In North America, the PLA and starch blend markets will continue to expand steadily due to their expanding use in the packaging industry. Key Highlights Competitive Players The global biodegradable plastic market’s major key players areBiome Technologies plc, Dow, Inc., Mitsubishi Chemical Holdings Corporation, Eastman Chemical Company, Kuraray Co., Ltd., Cargill Incorporated, PTT MCC Biochem Co., Ltd., Biome Technologies plc, Plantic Technologies Limited, BASF SE, Total Corbion PLA, Synbra Technology BV, Futerro, Novamont SpA, NatureWorks LLC, Eastman Chemical Company, Trinseo, Danimer Scientific, FKuR Kunststoff GmbH. Market News Global Biodegradable Plastic Market: Segmentation By Type By Application By Regions Get Detailed Market Segmentation @https://straitsresearch.com/report/biodegradable-plastic-market/segmentation About Straits Research Pvt. Ltd. Straits Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. Straits Research Pvt. Ltd. provides actionable market research data, especially designed and presented for decision making and ROI. Whether you are looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with the client’s purchase. We overcome our clients’ issues by recognizing and deciphering the target group and generating leads with utmost precision. We seek to collaborate with our clients to deliver a broad spectrum of results through a blend of market and business research approaches. For more information on your target market, please contact us below: Phone:+1 646 480 7505 (the U.S.) +91 8087085354 (APAC) +44 208 068 9665 (the U.K.) Email:sales@straitsresearch.com Follow Us:LinkedIn|Facebook|Instagram|Twitter