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2025-01-23
Naval chief stresses need for increasing int’l defence cooperation for regional stability Chief of the Naval Staff Admiral Naveed Ashraf visited the International Defence Exhibition and Seminar-2024 (IDEAS), which came to an end at the Karachi Expo Centre on Friday. The chief of the naval staff met foreign military officials, representatives of the defence industry, and other delegates attending the international event. These meetings discussed recent advancements in the naval defence technologies, international defence trends, and prospects of future global collaborations in this regard. The naval chief stressed the need for increasing international defence cooperation for regional stability. Amiral Ashraf visited the IDEAS 2024 with the objectives of increasing Pakistan’s defence capabilities and enhancing cooperation with the global defence partners of Pakistan. On Thursday, Sindh Chief Minister S­yed Murad Ali Shah had said that IDEAS 2024 had further solidified Pakistan’s position as a key player in global defence and diplomacy, with the nation firmly committed to fostering peace through strength and collaboration.Navy QB Blake Horvath's 95-yard TD run in Armed Forces Bowl win is longest play in school historyfortune gems

‘Enron CEO’ Connor Gaydos hit in the face with pie in New York City

FORT WORTH, Texas (AP) — Navy quarterback Blake Horvath read the play perfectly and turned it into the longest in school history, a 95-yard touchdown run in the Armed Forces Bowl. “By somebody that’s not really that fast,” Horvath said after the 21-20 win over Oklahoma on Friday. The Midshipmen (10-3) fell behind by two touchdowns less than 10 minutes into the game, but Horvath's record run late in the third quarter tied the game at 14-all. He put them ahead on a 6-yard TD with 4:34 left before Navy’s defense stopped an Oklahoma 2-point conversion with six seconds left in the game. “Probably over-pursued by them,” Horvath said of the 95-yarder. “Some tendencies they showed earlier, just thought I could get a pull.” After faking a handoff on the read-option play, Horvath ran straight up the middle into the open field. Brandon Chatman cut off a pursing defender around the Sooners 20. By time another defender, cornerback Woodi Washington, was able to catch up and started to bring him down, Horvath stretched the ball over the goal line — though he was initially ruled short before a replay review resulted in the touchdown. “Brandon Chatman actually busted his tail to get his butt down the field,” Horvath said. “I can see him out of the corner of my eye busting his butt. And honestly, it’s almost not even my touchdown without him and the offensive line blocking.” The previous longest play for the Midshipmen came during the Roger Staubach era, when Johnny Sai had a 93-yard run against Duke in 1963. Horvath also had a 90-yard TD run against Memphis, making him only the second Navy player with two 90-yard runs in the same season. The other was quarterback Malcolm Perry in 2017, when he had runs of 92 and 91 yards. “That’s a play we know can hit big and it did, and definitely exciting to see,” fullback Alex Tecza said. “I was getting tired just chasing him. ... It's great. He's being doing that all year.” Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football

NEW YORK (AP) — President-elect Donald Trump’s lawyers urged a judge again Friday to throw out his hush money conviction, balking at the prosecution’s suggestion of preserving the verdict by treating the case the way some courts do when a defendant dies. They called the idea “absurd.” The Manhattan district attorney's office is asking Judge Juan M. Merchan to “pretend as if one of the assassination attempts against President Trump had been successful,” Trump’s lawyers wrote in a blistering 23-page response. In court papers made public Tuesday, District Attorney Alvin Bragg’s office proposed an array of options for keeping the historic conviction on the books after Trump’s lawyers filed paperwork earlier this month asking for the case to be dismissed. They include freezing the case until Trump leaves office in 2029, agreeing that any future sentence won't include jail time, or closing the case by noting he was convicted but that he wasn't sentenced and his appeal wasn’t resolved because of presidential immunity. Trump lawyers Todd Blanche and Emil Bove reiterated Friday their position that the only acceptable option is overturning his conviction and dismissing his indictment, writing that anything less will interfere with the transition process and his ability to lead the country. The Manhattan district attorney’s office declined comment. It’s unclear how soon Merchan will decide. He could grant Trump’s request for dismissal, go with one of the prosecution’s suggestions, wait until a federal appeals court rules on Trump’s parallel effort to get the case moved out of state court, or choose some other option. In their response Friday, Blanche and Bove ripped each of the prosecution’s suggestions. Halting the case until Trump leaves office would force the incoming president to govern while facing the “ongoing threat” that he’ll be sentenced to imprisonment, fines or other punishment as soon as his term ends, Blanche and Bove wrote. Trump, a Republican, takes office Jan. 20. “To be clear, President Trump will never deviate from the public interest in response to these thuggish tactics,” the defense lawyers wrote. “However, the threat itself is unconstitutional.” The prosecution’s suggestion that Merchan could mitigate those concerns by promising not to sentence Trump to jail time on presidential immunity grounds is also a non-starter, Blanche and Bove wrote. The immunity statute requires dropping the case, not merely limiting sentencing options, they argued. Blanche and Bove, both of whom Trump has tabbed for high-ranking Justice Department positions, expressed outrage at the prosecution’s novel suggestion that Merchan borrow from Alabama and other states and treat the case as if Trump had died. Blanche and Bove accused prosecutors of ignoring New York precedent and attempting to “fabricate” a solution “based on an extremely troubling and irresponsible analogy between President Trump" who survived assassination attempts in Pennsylvania in July and Florida in September “and a hypothetical dead defendant.” Such an option normally comes into play when a defendant dies after being convicted but before appeals are exhausted. It is unclear whether it is viable under New York law, but prosecutors suggested that Merchan could innovate in what’s already a unique case. “This remedy would prevent defendant from being burdened during his presidency by an ongoing criminal proceeding,” prosecutors wrote in their filing this week. But at the same time, it wouldn’t “precipitously discard” the “meaningful fact that defendant was indicted and found guilty by a jury of his peers.” Prosecutors acknowledged that “presidential immunity requires accommodation” during Trump’s impending return to the White House but argued that his election to a second term should not upend the jury’s verdict, which came when he was out of office. Longstanding Justice Department policy says sitting presidents cannot face criminal prosecution . Other world leaders don’t enjoy the same protection. For example, Israeli Prime Minister Benjamin Netanyahu is on trial on corruption charges even as he leads that nation’s wars in Lebanon and Gaza . Trump has been fighting for months to reverse his May 30 conviction on 34 counts of falsifying business records . Prosecutors said he fudged the documents to conceal a $130,000 payment to porn actor Stormy Daniels to suppress her claim that they had sex a decade earlier, which Trump denies. In their filing Friday, Trump’s lawyers citing a social media post in which Sen. John Fetterman used profane language to criticize Trump’s hush money prosecution. The Pennsylvania Democrat suggested that Trump deserved a pardon, comparing his case to that of President Joe Biden’s pardoned son Hunter Biden, who had been convicted of tax and gun charges . “Weaponizing the judiciary for blatant, partisan gain diminishes the collective faith in our institutions and sows further division,” Fetterman wrote Wednesday on Truth Social. Trump’s hush money conviction was in state court, meaning a presidential pardon — issued by Biden or himself when he takes office — would not apply to the case. Presidential pardons only apply to federal crimes. Since the election, special counsel Jack Smith has ended his two federal cases , which pertained to Trump’s efforts to overturn his 2020 election loss and allegations that he hoarded classified documents at his Mar-a-Lago estate. A separate state election interference case in Fulton County, Georgia, is largely on hold. Trump denies wrongdoing in all. Trump had been scheduled for sentencing in the hush money case in late November. But following Trump’s Nov. 5 election victory, Merchan halted proceedings and indefinitely postponed the former and future president’s sentencing so the defense and prosecution could weigh in on the future of the case. Merchan also delayed a decision on Trump’s prior bid to dismiss the case on immunity grounds. A dismissal would erase Trump’s conviction, sparing him the cloud of a criminal record and possible prison sentence. Trump is the first former president to be convicted of a crime and the first convicted criminal to be elected to the office.

AP Business SummaryBrief at 4:06 p.m. ESTBangladesh's veteran all-rounder Shakib Al Hasan has been suspended from bowling in all competitions organised by the England and Wales Cricket Board (ECB) for exceeding the maximum permitted elbow extension of 15 degrees. The 37-year-old's action was scrutinized by on-field umpires in his one-off appearance for Surrey in September - his first appearance in the County Championship since the 2010-11 season. Following umpires' suspicions, he was asked to do a test. "Shakib completed an independent assessment at Loughborough University earlier this month, which found that the elbow extension in his bowling action exceeded the 15-degree threshold as defined in the Regulations," the ECB said in a statement. "This suspension takes effect from the receipt of the independent assessment on Dec. 10, and follows the process set out in the ECB's Regulations for the Review of Bowlers Reported with a Suspected Illegal Bowling Action." Shakib, who is considered the greatest cricketer Bangladesh has produced, could not be immediately reached for comment. To overturn the ban, the left arm spinner will need to undergo a reassessment demonstrating a narrower elbow extension. Shakib, who has been surrounded by controversy of late due to political unrest in Bangladesh, retired from Twenty20 internationals in September and decided to not return home for a farewell test against South Africa in Mirpur in October. But the former captain will likely feature in next year's Champions Trophy. Shakib was a member of parliament for the Awami League led by Sheikh Hasina, whose 15-year rule as prime minister ended in August with her fleeing to India following deadly protests. In 2019, he received a two-year ban from playing after the International Cricket Council (ICC) found he had breached its anti-corruption code.

Lors des États généraux des entreprises du portefeuille public de la RDC, placé sous la présidence du président Tshisekedi ,a l’initiative du ministre du portefeuille public Lucien Bussa ;le Directeur général de la Gécamines, Placide Nkala, a présenté un bilan rétrospectif et prospectif de la société minière qu’il dirige. Il a mis en avant les perspectives de performances issues des réformes engagées par la direction, dans le but de positionner l’entreprise comme un outil moteur de la croissance partagée et du développement industriel de la RDC, grâce à management innovant. D’entrée de jeu ,Placide Nkala a rappelé à l’auditoire que « dans sa période la plus faste, la GECAMINES produisait 476 033 tonnes de cuivre, 14 500 tonnes de cobalt et 64 000 tonnes de zinc avec un effectif de 36 000 agents dans les années 80 », affirme le directeur général de l’entreprise le jeudi 12 décembre 2024,devant l’auditoire réuni dans la salle du centre financier qui abrite les assises des États généraux des entreprises publiques, une sorte de revue des comptes des entreprises publiques. Si à cette époque, la Générale des Carrières et des Mines contribuait substantiellement au budget de l’État, les choses se sont inversées dans les années 90. Privée d’accès au marché financier international, les revenus internes de GECAMINES étaient insuffisants. Le Directeur Général explique que l’entreprise était confrontée à une chute persistante de sa propre production, due à l’effondrement, en septembre 1990, d’une partie de la mine souterraine de Kamoto, alors un de ses principaux centres de production, et au vieillissement de l’outil de production aggravé par le manque de maintenance. Pour faire face à cette situation, en 1995, la GECAMINES a adopté une nouvelle stratégie pour le financement de son activité : l’exploitation d’une partie de ses gisements miniers et la mise en place d’installations industrielles en partenariat avec des tiers investisseurs, nationaux et surtout étrangers, dans des joint-ventures pour trouver les ressources nécessaires à sa survie et à sa relance. Après ce détour historique, le directeur général aborde la situation actuelle des partenariats : « Aujourd’hui,la GECAMINES est engagée dans 62 partenariats, répartis en trois catégories : 21 joint-ventures où la Gécamines a cédé ses droits et titres miniers, 32 amodiations et 9 filiales. En 2023, les revenus générés par ces partenariats ont constitué 57,8 % du chiffre d’affaires de l’entreprise, évalué à 244 178 264 dollars américains. » Ces revenus proviennent de divers éléments tels que les pas de porte (le droit d’accès au business), les royalties (rémunération payée à la GECAMINES par la JV en compensation de la consommation des minerais du gisement), les loyers d’amodiation, les locations d’immeubles et les dividendes. « S’agissant du bilan et des opportunités créées par les partenariats de GECAMINES, ils sont loin des fantasmes et des rumeurs qui courent les rues », explique le directeur général. Les retombées financières attendues par GECAMINES devraient être réalisées sous forme de pas de porte, de royalties, de prestations diverses et principalement de dividendes. Malgré l’embellie des cours des métaux non ferreux, les niveaux de production déterminés par des modèles économiques, et contrairement aux résultats simulés dans les études de faisabilité, les attentes de GECAMINES n’ont pas été atteintes depuis que les différents partenariats sont entrés dans leur phase de production. « GECAMINES n’a perçu au titre des revenus que les pas de porte et les royalties. Les sociétés n’ont commencé à distribuer des dividendes aux associés (actionnaires) qu’en 2020 », poursuit le manager. Pourtant, les projections des études de faisabilité qui avaient justifié en leur temps la signature des contrats de ces J.V. indiquaient déjà qu’en 2018 GECAMINES SA devait percevoir des dividendes et l’État recevoir un impôt sur les bénéfices. Les principales raisons de cette absence de distribution de dividendes sont, de l’avis du directeur général, un endettement lourd contracté par le partenaire et souvent à des conditions loin d’être concessionnelles ; s’y ajoute, des intérêts très élevés supportés par la Joint-venture sur la dette colossale sus évoquée, contractée souvent auprès de l’actionnaire majoritaire ; il y a aussi la politique des amortissements admise par le Code minier, qui permet d’amortir les investissements à concurrence de 60% dès la première année de production et d’appliquer la méthode dégressive par la suite ; des coûts de production souvent élevés et des recettes commerciales minorées ; des honoraires d’assistance technique très élevés payés par la Joint-venture à l’actionnaire majoritaire pour des prestations souvent mal définies et difficilement perceptibles. Comme l’a souvent évoqué, je cite : « les partenariats ont été conclus pour nous apporter du capital, ils nous ont apporté de la dette », déclarait un ancien Président du Conseil d’administration cité par le directeur général. Devant ce constat amer, le Gouvernement de la RDC a pris une série de mesures suivantes dans le but d’équilibrer les intérêts des parties : * la revisitation des contrats de partenariats de GECAMINES ; * la législation sur la sous-traitance privée avec en point de mire le secteur minier ; * la révision du Code minier en 2018 ; * la commercialisation de la production par les actionnaires à concurrence de leur participation au capital social dans la joint-venture. La première tentative de revisitation des contrats miniers de 2007 n’aura pas produit les effets escomptés et le résultat fut de l’avis des observateurs « illusoire et éphémère », à l’exception de l’augmentation de certains pas de porte et quelques royalties, des réajustements de participation dans quelques partenariats (TFM, SMCO, Boss Mining, Ruashi Mining, CMT) qui, constate le DG, ne changèrent rien à l’économie générale des contrats. Et donc les déséquilibres ont perduré. Le Code minier révisé en date du 09 mars 2018 a permis le rééquilibrage des contrats miniers du point de vue juridique : * Les gisements des entreprises publiques constituent des apports de celles-ci dans les partenariats et doivent être évalués suivant le droit OHADA ; et ainsi aucune entreprise apportant des gisements ne pourra être minoritaire dans le capital social des JV ; * En vue de rééquilibrer la participation de l’État au capital social, le nouveau Code Minier prévoit en son article 80 la cession à l’État de 5% des parts ou actions du capital social de la société à chaque renouvellement d’un permis minier, en sus de celle cédée précédemment ; La commercialisation de la production par les actionnaires poursuit un double objectif : * mettre fin au conflit d’intérêts commercial lié à l’exclusivité que s’était octroyée l’actionnaire majoritaire contrôlant la joint-venture sur la production de la société – en effet, il n’est plus question pour la Société de vendre automatiquement sa production à son seul actionnaire majoritaire selon des termes commerciaux non négociés ; * ouvrir la commercialisation de la production de la joint-venture à la concurrence, et ce dans le meilleur intérêt de la société – en effet, l’actionnaire majoritaire est désormais censé être en concurrence avec des acheteurs tiers, susceptibles de présenter de meilleurs offres commerciales pour acquérir toute ou partie de la production de la joint-venture, une telle émulation ayant pour but de maximiser le chiffre d’affaires de cette dernière. Actuellement, la commercialisation de la production par les actionnaires concerne deux joint-ventures, à savoir SICOMINES et TFM, grâce aux efforts et la détermination du Président, Félix TSHISEKEDI TSHILOMBO. Cette démarche devrait s’étendre à terme à toutes les joint-ventures. De son côté, GECAMINES a réalisé les efforts suivants : * GECAMINES a diligenté fin 2012 et fin 2015 une série d’audits des JV en production en vue de vérifier l’exactitude et la conformité des investissements, le niveau d’endettement, la production déclarée et les modalités de commercialisation de la production. Ces différents audits ont dessiné une image assez réaliste du régime global des partenariats de GECAMINES et notamment leur défaut. Quasiment, tous les partenaires de GECAMINES optimisent leur politique de financement, d’investissement et d’exploitation.

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