WASHINGTON (AP) — President-elect allies on Capitol Hill rallied around , Trump’s Pentagon pick, on Thursday even as that he had sexually assaulted a woman in 2017. The GOP embrace of Hegseth came as another controversial Trump nominee, Matt Gaetz, withdrew from consideration for attorney general. Gaetz said it was clear he had become a “distraction" amid pressure on the House to release an ethics report about allegations of his own sexual misconduct. An attorney for two women has said that his clients told House Ethics Committee investigators that Gaetz paid them for sex on multiple occasions beginning in 2017, when Gaetz was a Florida congressman. Fresh questions over the two nominees' pasts, and their treatment of women, arose with Republicans under pressure from Trump and his allies to quickly confirm his Cabinet. At the same time, his transition has so far balked at the vetting and background checks that have traditionally been required. While few Republican senators have publicly criticized any of Trump's nominees, it became clear after Gaetz's withdrawal that many had been harboring private concerns about him. Oklahoma Sen. Markwayne Mullin, who served with Gaetz in the House, said it was a “positive move.” Mississippi Sen. Roger Wicker said it was a “positive development.” Maine Sen. Susan Collins said Gaetz “put country first and I am pleased with his decision.” After meeting with Hegseth, though, Republicans rallied around him. “I think he’s going to be in pretty good shape,” said Wicker, who is expected to chair the Senate Armed Services Committee in the next Congress. Republican senators' careful words, and their early reluctance to publicly question Trump's picks, illustrated not only their fear of retribution from the incoming president but also some of their hopes that the confirmation process can proceed normally, with proper vetting and background checks that could potentially disqualify problematic nominees earlier. Gaetz withdrew after meeting with senators on Wednesday. Sen. Thom Tillis said Gaetz was “in a pressure cooker” when he decided to withdraw, but suggested that it would have little bearing on Trump’s other nominees. “Transactions — one at a time,” he said. As the Hegseth nomination proceeds, Republicans also appear to be betting that they won't face much backlash for publicly setting aside the allegations of sexual misconduct — especially after Trump won election after being found liable for sexual abuse last year. Hegseth held a round of private meetings alongside incoming Vice President on Thursday in an attempt to shore up support and told reporters afterward: “The matter was fully investigated and I was completely cleared, and that’s where I’m gonna leave it.” A 22-page police report report late Wednesday offered the first detailed account of the allegations against him. A woman told police that she was sexually assaulted in 2017 by Hegseth after he took her phone, blocked the door to a California hotel room and refused to let her leave. The report cited police interviews with the alleged victim, a nurse who treated her, a hotel staffer, another woman at the event and Hegseth. Hegseth’s lawyer, Timothy Palatore, said the incident was “fully investigated and police found the allegations to be false.” Hegseth the threat of what he described as a baseless lawsuit, Palatore has said. Wicker played down the allegations against Hegseth, a former Fox News host, saying that “since no charges were brought from the authorities, we only have press reports.” Sen. Bill Hagerty, R-Tenn., said after his meeting with Hegseth that he "shared with him the fact that I was saddened by the attacks that are coming his way.” Hagerty dismissed the allegations as “a he-said, she-said thing” and called it a “shame” that they were being raised at all. The senator said attention should instead be focused on the Defense Department that Hegseth would head. It's one of the most complex parts of the federal government with more than 3 million employees, including military service members and civilians. Sexual assault has been a persistent problem in the military, though they are seeing a decline among active-duty service members and the military academies. Wyoming Sen. John Barrasso, who will be the No. 2 Republican in the Senate next year, said after his meeting with Hegseth that the nominee is a strong candidate who “pledged that the Pentagon will focus on strength and hard power – not the current administration’s woke political agenda.” Senate Republicans are under pressure to hold hearings once they take office in January and confirm nominees as soon as Trump is inaugurated, despite questions about whether Trump’s choices will be properly screened or if some, like Hegseth, have enough experience for the job. Senate Armed Services Chairman Jack Reed, who will be the top Democrat on the panel next year, said the reports on Hegseth “emphasized the need for a thorough investigation by the FBI on the background of all the nominees.” It takes a simple majority to approve Cabinet nominations, meaning that if Democrats all opposed a nominee, four Republican senators would also have to defect for any Trump choice to be defeated. Trump has made clear he’s willing to put maximum pressure on Senate Republicans to give him the nominees he wants – even suggesting at one point that they allow him to just appoint his nominees with no Senate votes. But senators insist, for now, that they are not giving up their constitutional power to have a say. “The president has the right to make the nominations that he sees fit, but the Senate also has a responsibility for advice and consent,” said Republican Sen. Mike Rounds of South Dakota. In the case of Gaetz, he said, “I think there was advice offered rather than consent.” Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Stay up-to-date on the latest in local and national government and political topics with our newsletter.CHICAGO — With a wave of her bangled brown fingertips to the melody of flutes and chimes, artist, theologian and academic Tricia Hersey enchanted a crowd into a dreamlike state of rest at Semicolon Books on North Michigan Avenue. “The systems can’t have you,” Hersey said into the microphone, reading mantras while leading the crowd in a group daydreaming exercise on a recent Tuesday night. The South Side native tackles many of society’s ills — racism, patriarchy, aggressive capitalism and ableism — through an undervalued yet impactful action: rest. Hersey, the founder of a movement called the Nap Ministry, dubs herself the Nap Bishop and spreads her message to over half a million followers on her Instagram account, @thenapministry . Her first book, “Rest Is Resistance: A Manifesto,” became a New York Times bestseller in 2022, but Hersey has been talking about rest online and through her art for nearly a decade. Hersey, who has degrees in public health and divinity, originated the “rest as resistance” and “rest as reparations” frameworks after experimenting with rest as an exhausted graduate student in seminary. Once she started napping, she felt happier and her grades improved. But she also felt more connected to her ancestors; her work was informed by the cultural trauma of slavery that she was studying as an archivist. Hersey described the transformation as “life-changing.” The Nap Ministry began as performance art in 2017, with a small installation where 40 people joined Hersey in a collective nap. Since then, her message has morphed into multiple mediums and forms. Hersey, who now lives in Atlanta, has hosted over 100 collective naps, given lectures and facilitated meditations across the country. She’s even led a rest ritual in the bedroom of Jane Addams , and encourages her followers to dial in at her “Rest Hotline.” At Semicolon, some of those followers and newcomers came out to see Hersey in discussion with journalist Natalie Moore on Hersey’s latest book, “We Will Rest! The Art of Escape,” released this month, and to learn what it means to take a moment to rest in community. Moore recalled a time when she was trying to get ahead of chores on a weeknight. “I was like, ‘If I do this, then I’ll have less to do tomorrow.’ But then I was really tired,” Moore said. “I thought, ‘What would my Nap Bishop say? She would say go lay down.’ Tricia is in my head a lot.” At the event, Al Kelly, 33, of Rogers Park, said some of those seated in the crowd of mostly Black women woke up in tears — possibly because, for the first time, someone permitted them to rest. “It was so emotional and allowed me to think creatively about things that I want to work on and achieve,” Kelly said. Shortly after the program, Juliette Viassy, 33, a program manager who lives in the South Loop and is new to Hersey’s work, said this was her first time meditating after never being able to do it on her own. Therapist Lyndsei Howze, 33, of Printers Row, who was also seated at the book talk, said she recommends Hersey’s work “to everybody who will listen” — from her clients to her own friends. “A lot of mental health conditions come from lack of rest,” she said. “They come from exhaustion.” Before discovering Hersey’s work this spring, Howze said she and her friends sporadically napped together in one friend’s apartment after an exhausting workweek. “It felt so good just to rest in community,” she said. On Hersey’s book tour, she is leading exercises like this across the country. “I think we need to collectively do this,” Hersey explained. “We need to learn again how to daydream because we’ve been told not to do it. I don’t think most people even have a daydreaming practice.” Daydreaming, Hersey said, allows people to imagine a new world. Hersey tells her followers that yes, you can rest, even when your agenda is packed, even between caregiving, commuting, jobs, bills, emails and other daily demands. And you don’t have to do it alone. There is a community of escape artists, she said of the people who opt out of grind and hustle culture, waiting to embrace you. The book is part pocket prayer book, part instruction manual, with art and handmade typography by San Francisco-based artist George McCalman inspired by 19th-century abolitionist pamphlets, urging readers to reclaim their divine right to rest. Hersey directs her readers like an operative with instructions for a classified mission. “Let grind culture know you are not playing around,” she wrote in her book. “This is not a game or time to shrink. Your thriving depends on the art of escape.” The reluctance to rest can be rooted in capitalist culture presenting rest as a reward for productivity instead of a physical and mental necessity. Hersey deconstructs this idea of grind culture, which she says is rooted in the combined effects of white supremacy, patriarchy and capitalism that “look at the body as not human.” American culture encourages grind culture, Hersey said, but slowing down and building a ritual of rest can offset its toxicity. The author eschews the ballooning billion-dollar self-care industry that encourages people to “save enough money and time off from work to fly away to an expensive retreat,” she wrote. Instead, she says rest can happen anywhere you have a place to be comfortable: in nature, on a yoga mat, in the car between shifts, on a cozy couch after work. Resting isn’t just napping either. She praises long showers, sipping warm tea, playing music, praying or numerous other relaxing activities that slow down the body. “We’re in a crisis mode of deep sleep deprivation, deep lack of self-worth, (and) mental health,” said Hersey. According to Centers for Disease Control and Prevention data from 2022 , in Illinois about 37% of adults aren’t getting the rest they need at night. If ignored, the effects of sleep deprivation can have bigger implications later, Hersey said. In October, she lectured at a sleep conference at Gustavus Adolphus College in Minnesota, where her humanities work was featured alongside research from the world’s top neuroscientists. Jennifer Mundt, a Northwestern clinician and professor of sleep medicine, psychiatry and behavioral sciences, praises Hersey for bringing the issue of sleep and rest to the public. In a Tribune op-ed last year, Mundt argued that our culture focuses too heavily on sleep as something that must be earned rather than a vital aspect of health and that linking sleep to productivity is harmful and stigmatizing. “Linking sleep and productivity is harmful because it overshadows the bevy of other reasons to prioritize sleep as an essential component of health,” Mundt wrote. “It also stigmatizes groups that are affected by sleep disparities and certain chronic sleep disorders.” In a 30-year longitudinal study released in the spring by the New York University School of Social Work, people who worked long hours and late shifts reported the lowest sleep quality and lowest physical and mental functions, and the highest likelihood of reporting poor health and depression at age 50. The study also showed that Black men and women with limited education “were more likely than others to shoulder the harmful links between nonstandard work schedules and sleep and health, worsening their probability of maintaining and nurturing their health as they approach middle adulthood.” The CDC links sleeping fewer than seven hours a day to an increased risk of obesity, diabetes, hypertension, heart disease and more. Although the Nap Ministry movement is new for her followers, Hersey’s written about her family’s practice of prioritizing rest, which informs her work. Her dad was a community organizer, a yardmaster for the Union Pacific Railroad Co. and an assistant pastor. Before long hours of work, he would dedicate hours each day to self-care. Hersey also grew up observing her grandma meditate for 30 minutes daily. Through rest, Hersey said she honors her ancestors who were enslaved and confronts generational trauma. When “Rest Is Resistance” was released in 2022, Americans were navigating a pandemic and conversations on glaring racial disparities. “We Will Rest!” comes on the heels of a historic presidential election where Black women fundraised for Vice President Kamala Harris and registered voters in a dizzying three-month campaign. Following Harris’ defeat, many of those women are finding self-care and preservation even more important. “There are a lot of Black women announcing how exhausted they are,” Moore said. “This could be their entry point to get to know (Hersey’s) work, which is bigger than whatever political wind is blowing right now.” Hersey said Chicagoans can meet kindred spirits in her environment of rest. Haji Healing Salon, a wellness center, and the social justice-focused Free Street Theater are sites where Hersey honed her craft and found community. In the fall, the theater put on “Rest/Reposo,” a performance featuring a community naptime outdoors in McKinley Park and in its Back of the Yards space. Haji is also an apothecary and hosts community healing activities, sound meditations and yoga classes. “It is in Bronzeville; it’s a beautiful space owned by my friend Aya,” Hersey said, explaining how her community has helped her build the Nap Ministry. “When I first started the Nap Ministry, before I was even understanding what it was, she was like, come do your work here.” “We Will Rest!” is a collection of poems, drawings and short passages. In contrast to her first book, Hersey said she leaned more into her artistic background; the art process alone took 18 months to complete. After a tough year for many, she considers it medicine for a “sick and exhausted” world. “It’s its own sacred document,” Hersey said. “It’s something that, if you have it in your library and you have it with you, you may feel more human.” lazu@chicagotribune.com
By KRISTEN WOOD Chilly weather and early nights make the holiday season the best time of year for cuddling up with your favorite games. From enjoying a quiet afternoon alone to gathering with family, these board, video and card games will bring cozy vibes to your holiday gaming. The holidays are prime time for coziness. Cold weather, hot drinks and days off work or school are perfect for snuggling up under a blanket. With many games designed to be cozy, relaxed and lighthearted, accompanying your cozy afternoons with a game might be your new holiday tradition. Many holidays bring together friends and family as well. While some families may look forward to feuding over the Risk board or resources in Settlers of Catan, more low-key games can be an opportunity to bond with loved ones. Cooperative games or games with a bit of friendly competition let you focus on who you’re playing with. Since these cozy games often have easier instructions, everyone can get involved. A busy holiday season also benefits from rest. Take a break from shopping, cooking, traveling and other holiday tasks with some games. Stress-busting games let you enjoy a couple of hours of quiet gameplay or raucous laughter, both sure to provide some relaxation. Relaxing board games are great for a lazy afternoon with friends or after dinner at a holiday party. These games often feature cooperative play or minimal competition, beautiful artwork and straightforward gameplay ideal for all ages. For the holidays, these games provide a whimsical escape from seasonal chaos. Patchwork Patchwork is a chill two-player puzzle game where you and your opponent compete to create the best quilt. The tactile experience and cozy results are relaxing on a chilly day. If you have more than two players, try Calico instead where you’ll create quilts for cats. Carcassonne In Carcassonne, players compete to build Medieval cities and fields by laying tiles. The game takes a bit of strategy and luck, and it will generate some friendly competition among children and adults alike. The charming artwork of parks, featuring America’s national parks, will also transport you on a road trip from the comfort of your home. Everdell and Flamecraft For those looking for longer gameplay, Everdell will have you playing as cute forest creatures building new cities during a game that averages a little over an hour. Flamecraft is another delightfully whimsical game where players try to attract dragons to improve the reputation of their shops. Each of these games is simple to pick up and, with every playthrough offering something new, they’ll get you through the entire holiday season. Parks, Everdell and Flamecraft can also be single-player games if you need a break from socialization. Snuggling up on the couch with a video game is inherently relaxing. Whether you enjoy mobile, computer, handheld or console games, the cozy game genre provides dozens of options. This season, try games ranging from relaxing to enchanting. If having everything in its place provides calm in the chaos of the holiday season, you’ll love Unpacking. This puzzle game, available on Switch, PC and Xbox, has you unpacking boxes and putting items away. Playing games like Unpacking can be a meditative experience. Other puzzle games like A Little to the Left and Spiritfarer blend stories into the gameplay. For spooky autumn vibes, try Strange Horticulture and play as the owner of a plant shop and potion maker. Maintaining a virtual farm or building a make-believe castle from your sofa can be a great stress reliever. Stardew Valley is a quintessential farming game surrounded by charming townspeople. With the highly anticipated November update, you can now play on console, mobile and PC. Palia , a massively multiplayer online game, features farming, quests and community building with other players. It’s also free. For those with a Nintendo Switch, the Animal Crossing series has you interacting with other animal players in a peaceful village. With multiplayer modes, these games are great options for playing with friends and family from afar during the holidays. For a single-player escape, try the recently-released Tiny Glade on PC where you’ll build castles. This cozy game’s detailed artistry and conflict-free gameplay will bring hours of relaxation. Or build a world from tiles in Dorfromantik. The game can be entirely chill or provide a bit of strategy if you want to go for a high score. A pack of cards is reliable entertainment at any gathering. From classics to innovative new card games, having a few in your game collection can be worthwhile. Card games can range from simple to complex, a few minutes to a few hours and single-player to dozens of players. If you have a standard deck of playing cards, Blitz is a great option for any number of players. Also known as Thirty One, this game gives every player three cards and lets them trade out a card on each turn, trying to get a value of thirty-one. President is another simple social card game where players race to get rid of their cards in ascending order. If you are imbibing this holiday season, some people play it as a drinking game. For a two-player card game, try The Fox in the Forest. This trick-taking card game features cozy graphics, and its fast, simple gameplay is perfect for a winter date night. For two to four players, Arboretum has darling tree graphics on its cards. Players lay cards down with the goal of creating a beautiful garden. This holiday season, be sure to take time to connect with loved ones and catch a few moments to yourself. Cozy games are a lighthearted escape. As the genre grows, there are options for everyone this season, from mindless games to those that require a touch of strategy – perfect for any mood or moment. Kristen Wood is a writer, photographer, avid cozy gamer and creator of The Cozy Gaming Nook , your source for everything cozy games. Her work has been featured in various online and print publications, including Elle, NBC, Forbes, Chicago Sun-Times, Martha Stewart, Seattle Times and more.
WASHINGTON (AP) — The Commerce Department's efforts to curb China's and Russia's access to American-made advanced computer chips have been “inadequate” and will need more funding to stymie their ability to manufacture advanced weapons, according to a report published Wednesday by the Senate's Permanent Subcommittee on Investigations. The Biden administration imposed export controls to limit the ability of China and Russia ability to access U.S.-made chips after Russia's invasion of Ukraine nearly three years ago. The agency's Bureau of Industry and Security, according to the report, does not have the resources to enforce export controls and has been too reliant on U.S. chip makers voluntarily complying with the rules. But the push for bolstering Commerce's export control enforcement comes as the incoming Trump administration says it is looking to dramatically reduce the size and scope of federal government . President-elect Donald Trump has tapped entrepreneurs Elon Musk and Vivek Ramaswamy to lead a new “Department of Government Efficiency” to dismantle parts of the federal government. The Trump transition team did not immediately respond to a request for comment on the report. BIS’s budget, about $191 million, has remained essentially flat since 2010 when adjusted for inflation. “While BIS’ budget has been stagnant for a decade, the bureau works diligently around the clock to meet its mission and safeguard U.S. national security,” Commerce Department spokesperson Charlie Andrews said in a statement in response to the report. Andrews added that with “necessary resources from Congress” the agency would be "better equipped to address the challenges that come with our evolving national security environment.” In a letter to Commerce Secretary Gina Raimondo on Wednesday, Democratic Sen. Richard Blumenthal of Connecticut, chair of the subcommittee, pointed to an audit of Texas Instruments that showed the Russian military continued to acquire components from Texas Instruments through front companies in Hong Kong to illustrate how the export controls are failing as an effective tool. The committee's findings, Blumenthal said, suggest that Texas Instruments “missed clear warning signs” that three companies in its distribution chain had been diverting products to Russia. Texas Instruments did not immediately respond to a request for comment. “While Congress must provide BIS more resources to undertake its critical mission, it is long past time for BIS to make full use of the enforcement powers Congress has conferred upon it and take aggressive steps to cut the flow of U.S. semiconductors into the Russian war machine,” Blumenthal wrote. It's not just Texas Instruments that's the issue. The subcommittee in September published a report that found aggregated exports from four major U.S. advanced chip manufacturers nearly doubled from 2021 to 2022 to Armenia and Georgia. Both of those countries are home to front companies known to assist Russia in acquiring advanced chips made in the U.S. despite export controls. China, meanwhile, has created “vast, barely disguised smuggling networks which enable it to continue to harness U.S. technology,” the subcommittee report asserts. Washington has been gradually expanding the number of companies affected by such export controls in China, as President Joe Biden’s administration has encouraged an expansion of investments in and manufacturing of chips in the U.S. But Chinese companies have found ways to evade export controls in part because of a lack of China subject matter experts and Chinese speakers assigned to Commerce's export control enforcement. The agency's current budget limits the number of international end-use checks, or physical verification overseas of distributors or companies receiving American-made chips that are the supposed end users of products. Currently, Commerce has only 11 export control officers spread around the globe to conduct such checks. The committee made several recommendations in its report, including Congress allocating more money for hiring additional personnel to enforce export controls, imposing larger fines on companies that violate controls and requiring periodic reviews of advanced chip companies’ export control plans by outside entities. Boak reported from West Palm Beach, Florida.
Rico Carty, who won the 1970 NL batting title when he hit a major league-best .366 for the Atlanta Braves, has died. He was 85. Major League Baseball , the players' association and the Braves paid tribute to Carty on social media on Sunday. No further details on Carty's death were provided.The claim: Pentagon ‘confirmed’ drones spotted in US skies are ‘not of earthly origin’ A Dec. 15 Instagram post ( direct link , archive link ) includes a compilation of people commenting on recent drone sightings across the eastern U.S . and draws a sweeping conclusion. “The Pentagon has confirmed that the mysterious drones appearing worldwide are NOT of Earthly Origin – ‘These are not U.S. military drones & these are not drones coming from a foreign entity or (adversary),’” the post reads. The post was liked more than 4,000 times in three days. Similar claims were made repeatedly on Instagram and Threads . More from the Fact-Check Team: How we pick and research claims | Email newsletter | Facebook page Our rating: False The Pentagon said nothing of the sort. While a spokesperson ruled out a foreign “adversary" or the U.S. military as operators of the crafts, she suggested other possible explanations for the sightings in the same news conference. Origins of aircraft still a mystery Reports of drones flying unusually in the northeastern U.S. began circulating in mid-November, with more than 5,000 sightings reported as of Dec. 17 The exact nature of what these aircraft are is still unknown, but the Pentagon did not “confirm” they were operated by extraterrestrials. The Instagram post highlights comments made by Sabrina Singh , a Pentagon spokesperson, at a Dec. 11 news conference. A clip of the news conference appears at the start of the compilation in which Singh says, “These are not U.S. military drones. Again, this is being investigated by local law enforcement. What our initial assessment here is that these are not drones or activities coming from a foreign entity or adversary.” But the transcript and full video of the news conference show that while Singh ruled out foreign or domestic military operation of any of the aircraft, she offered other possible explanations beyond alien technology. “Initial assessments are that these are drones and potentially, you know, could be small airplanes. It could – it could be a number of things that people are seeing and reporting,” Singh said in the briefing. At no point did she, or any other Pentagon official, confirm these aircraft are not from Earth. Fact check : Video altered to claim McConnell had large bandage, 'froze' after fall The Instagram post combines a number of clips of people speaking about the sightings, including Republican Congressmen Tony Gonzalez of Texas and Chris Smith of New Jersey . But none of these clips include a Pentagon official claiming the drones are “not of earthly origin.” Joint statements on Dec. 12 and Dec. 16 from the Department of Homeland Security, FBI, Federal Aviation Administration and the Pentagon attempted to tamp down concerns about the drones. “The sightings to date include a combination of lawful commercial drones, hobbyist drones and law enforcement drones, as well as manned fixed-wing aircraft, helicopters and stars mistakenly reported as drones,” the more recent statement said. “We have not identified ... a national security or public safety risk.” USA TODAY reached out to social media users who shared the claim for comment but did not immediately receive any responses. Lead Stories and PolitiFact also debunked the claim. Our fact-check sources Thank you for supporting our journalism. You can subscribe to our print edition, ad-free app or e-newspaper here . USA TODAY is a verified signatory of the International Fact-Checking Network, which requires a demonstrated commitment to nonpartisanship, fairness and transparency. Our fact-check work is supported in part by a grant from Meta .
Traffic citations against Dolphins' Tyreek Hill dismissed after officers no-show at hearing
Republicans rally around Hegseth, Trump's Pentagon pick, as Gaetz withdraws for attorney generalNew Delhi, Dec. 19, 2024 (GLOBE NEWSWIRE) -- The global teller cash recycler market was valued at US$ 4,143.47 million in 2024 and is anticipated to reach US$ 6,441.49 million by 2033 at a CAGR of 5.16% during the forecast period 2025–2033. The teller cash recycler (TCR) market is experiencing robust demand driven by the banking industry's pursuit of operational efficiency and enhanced customer service. In 2023, the global TCR market was valued at approximately $2.7 billion, with over 65,000 units deployed worldwide according to a report by Grand View Research. Major financial institutions like HSBC and Citibank have collectively installed over 10,000 TCRs across their global branch networks. The increasing volume of cash transactions, which the World Bank estimates at over $20 trillion annually, underscores the need for efficient cash handling solutions like TCRs. Download Free Sample Copy @ Opportunities in the teller cash recycler market are expanding due to technological advancements and the integration of artificial intelligence. Manufacturers such as Glory Ltd. and Hitachi-Omron Terminal Solutions have invested over $300 million in R&D in 2023 to develop next-generation TCRs with features like predictive maintenance and advanced security protocols. The Asia-Pacific region, particularly China and India, presents significant growth potential; these countries collectively ordered 20,000 TCR units in 2023, as reported by the Asian Bankers Association. Additionally, the rise of hybrid banking models that combine digital and physical services is propelling the demand for TCRs that can seamlessly integrate with online platforms. The potential outlook for the teller cash recycler market is optimistic, with projections suggesting it could reach a valuation of $6.44 billion by 2033, based on data from Astute Analytica. The replacement cycle of outdated machines is accelerating, with approximately 30,000 units globally nearing the end of their operational lifespan, driving new sales. Collaborations between banks and fintech companies are fostering innovation; for example, a partnership between BNP Paribas and a leading fintech startup aims to deploy 5,000 AI-enhanced TCRs across Europe. Government initiatives are also influencing market growth; the European Central Bank allocated $200 million in grants in 2023 to support automation in banking, further stimulating the market. Key Findings in Teller Cash Recycler Market Multi-Cassette Cash Recyclers: The Backbone of Modern Cash Management Across Industries Controlling Over 53% Share Multi-cassette cash recyclers have become indispensable tools for cash-heavy industries due to their unparalleled efficiency in handling multiple denominations and high transaction volumes. These machines in the teller cash recycler market have revolutionized operations by reducing manual intervention and increasing accuracy. In 2023, global sales of teller cash recyclers reached $4.14 billion, with multi-cassette variants contributing the majority share owing to their advanced functionality. A leading Japanese bank recently deployed over 2,000 units, reducing cash handling errors by 60,000 transactions annually. Additionally, multi-cassette systems are now capable of processing up to 1,200 banknotes per minute, making them ideal for high-traffic environments like retail and banking. A significant driver of their dominance in the teller cash recycler market is their compatibility with emerging financial technologies. Many multi-cassette recyclers now feature AI-powered counterfeit detection, capable of identifying even the most sophisticated fake banknotes. In 2022, a European study reported that such systems helped prevent over $1 billion in counterfeit-related losses. Moreover, the machines now integrate seamlessly with digital payment systems, enhancing their utility in hybrid cash and digital transactions. For example, a German retail chain installed 500 units in 2021 and reported a reduction of $400,000 in cash storage costs due to optimized cash flow management. Electronic Lock Systems is the Gold Standard in Security for Teller Cash Recyclers, Set to Account for Over 66% Market Share Electronic lock systems are the cornerstone of security in teller cash recycler market, offering unmatched protection against unauthorized access and theft. In 2023, the global electronic lock market for financial equipment reached $2.3 billion, with the majority deployed in cash recyclers. A U.S. bank recently reported that upgrading to electronic locks eliminated over 250 instances of unauthorized access attempts within a year. These locks provide multi-layered security, including biometric authentication, PIN codes, and remote access control, ensuring that only authorized personnel can access the cash storage compartments. One of the major factors driving their adoption is real-time monitoring and reporting capabilities. Advanced electronic lock systems generate access logs that allow institutions to track every interaction with the machine. In 2023, a study found that such systems reduced internal fraud cases in banks by $900,000 annually. Additionally, electronic lock systems in the teller cash recycler market are designed to comply with global security regulations, making them a preferred choice for financial institutions worldwide. For instance, banks in the Middle East recently invested $120 million in upgrading their cash recyclers with electronic locks to meet evolving compliance standards. Moreover, the rising threat of cyber-physical attacks has accelerated the demand for electronic locks. These systems are now integrated with IoT-enabled security platforms, enabling remote access management and instant lock-down features during emergencies. A French financial institution reported using IoT-enabled locks to prevent a coordinated cyber-physical attack in 2022, saving $2 million in potential losses. The ability to reprogram access credentials instantly also ensures operational flexibility, making electronic locks indispensable for large-scale operations. With an expected industry investment of $3 billion in advanced security systems by 2026, electronic locks will continue to lead the way in safeguarding cash-handling equipment. Hardware is the Engine Driving Teller Cash Recycler Market Leadership The hardware segment dominates the market, controlling the majority share due to the critical role of physical components in ensuring reliability and performance. In 2023, the global hardware segment in teller cash recycler market share surpassed $2.6 billion, highlighting the reliance on advanced components. Key hardware like high-speed banknote recognition sensors can process up to 1,500 notes per minute, reducing transaction times significantly. A major U.K. bank recently upgraded its hardware systems, processing 2 million transactions monthly with near-zero errors, saving $1.5 million annually in operational costs. One of the standout contributors to this dominance in the teller cash recycler market is the use of robust, tamper-proof cash storage units. These units are designed with reinforced materials that can withstand physical attacks, ensuring the safety of cash reserves. In 2022, a bank in Asia reported foiling a $1.2 million heist attempt thanks to the durability of their storage hardware. Similarly, advanced dispensing mechanisms equipped with anti-jam technology have reduced machine downtime by over 20 hours annually per unit, translating into improved customer service and operational efficiency. Investments in cutting-edge hardware have also enabled manufacturers to meet the growing demand for customization. Modular designs allow businesses to choose components tailored to their unique needs. For example, a Canadian retail chain installed 800 units with dual-cassette configurations in 2023, optimizing storage for small-denomination currencies. Ask For Customization @ Top 6 Players Controlling Over 70% Revenue of Teller Cash Recycler Market: Glory Global Solutions Alone Capture over 46% Market Share Glory Global Solutions has firmly established itself as the leader in the teller cash recycler (TCR) market, commanding over 46% of the global market share as of 2024. This dominance stems from the company's long-standing expertise in cash management, dating back over a century, and its ability to innovate continuously. Glory's product portfolio, particularly its advanced GLR series of TCRs, has been pivotal in meeting the evolving needs of financial institutions. These machines are designed to support multiple deployment modes, including traditional teller-operated, customer-facing, and self-service options, making them highly adaptable to diverse banking environments. By integrating cutting-edge technologies such as artificial intelligence, machine learning, and IoT, Glory has ensured its solutions remain efficient, secure, and aligned with the growing demand for automation in cash handling. This focus on innovation has allowed the company to address key industry challenges, such as reducing operational costs, minimizing errors, and enhancing cash security, which has further solidified its market position. The company's sustained leadership in the teller cash recycler market is also a result of its strategic approach to market trends and customer needs. Glory invests heavily in research and development, as seen in its Vertera 6G TCR, which offers enhanced functionality and reliability. Additionally, the company has embraced the shift toward digital and contactless transactions by integrating these capabilities into its solutions, ensuring relevance in a rapidly changing financial landscape. Glory's UBIQULARTM cloud-based platform exemplifies its commitment to providing comprehensive solutions, offering advanced business intelligence and remote monitoring features that go beyond hardware. Furthermore, the company has capitalized on regulatory incentives promoting TCR adoption and ensured compliance with international standards, making its products a preferred choice for financial institutions worldwide. By aligning its innovations with industry demands and maintaining a customer-centric approach, Glory Global Solutions has successfully retained its leadership in the teller cash recycler market. Global Teller Cash Recycler Market Key Players: Key Segmentation: By Product Type By Lock Type By Component By Provider By Region Inquire more about this report before purchase: About Astute Analytica Astute Analytica is a global analytics and advisory company which has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in depth and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the Globe. 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Paris Saint-Germain are at increasing risk of missing out on the Champions League knockout stages after losing with ten men away to Bayern Munich . It was a night for forget for Ousmane Dembele who was sent off for two yellow cards and also extended his record of most shots in the Champions League this season without scoring. Advertisement Russia goalkeeper Matvey Safonov was caught out by the corner from which Kim Min-jae scored the opening goal and while he pulled off a great save from Jamal Musiala in the second-half to keep the score at 1-0, PSG never found a way to get level. The result leaves PSG in 26th spot and Bayern 11th after five rounds, with the top eight qualifying automatically, the next 16 entering a play-off and the final eight eliminated. Here The Athletic ’s Oliver Kay, Sebastian Stafford Bloor and Anantaajith Raghuraman break down the key talking points. Are PSG really going to be eliminated? Could Paris Saint-Germain miss out on the Champions League knockout stage altogether? The new format offers margin for error, but the French champions are in big trouble, having lost three and won just one of their first five games in the league phase. PSG had only a 3 per cent chance of finishing in the top eight before the game and defeat in Munich left them 26th in the 36-team standings, just ahead of Shakhtar Donetsk, Sparta Prague and Girona , and desperately needing something from their final three games: away to RB Salzburg on December 10 and then they play Manchester City (home) and Stuttgart (away) in December in January. In a format where eight teams progress automatically to the knock-out stage and another 16 progress to a play-off round, it seemed almost inconceivable that one of Europe’s big guns could finish in the bottom 12, but PSG are in genuine danger. There were elements of the second-half performance that might have encouraged coach Luis Enrique, but their lack of goals in this competition (three in five games) is a real concern. Oliver Kay Is Kimmich Bayern’s captain in waiting? This was a timely performance from Joshua Kimmich , who was at the root of almost everything Bayern did well. Timely, because Kimmich’s contract is due to expire in the summer and he and the club are still trying to reach an agreement over an extension. This week, Max Eberl, the club’s board member for sport, described the situation: “I think we are very, very open with him,” Eberl told Sport Bild. Advertisement “We’ve told him that we want to extend his contract. We are telling him that he should become captain when Manuel Neuer is no longer on the pitch. And we tell him that he should be the face of our club. We’ve made that clear to him and we stand behind it.” No wonder, because Kimmich was everything Bayern needed him to be this evening. One of the criticisms of him is that he does not do enough with the ball when he plays in midfield. That he is a neat passer, but not a true orchestrator — and there is merit to that argument sometimes. But Kimmich was particularly dynamic with the ball against PSG, starting moves but thereafter providing the stability in his own half to allow them to develop safely. His role under Kompany has certainly broadened. Playing back in midfield naturally extends his influence, but he seems so often to be both the start point for moves and also the out-ball for teammates who are caught deep in their own half and put under pressure. A captain’s performance, even if he’s not wearing the armband yet. Sebastian Stafford-Bloor Was Dembele unlucky or bad or both? Ousmane Dembele’s individual performance was emblematic of a team who have potential but aren’t doing things right. With Alphonso Davies pushing forward and even inverting at times for Bayern, Dembele received multiple opportunities to bear down on goal down PSG’s right. His first involvement came eight minutes in after a Bayern error seemed to send him through, but he dawdled on the ball and Leon Goretzka slid in to block his effort. Dembele got his and PSG’s first shot on target in the 20th minute after another Bayern giveaway, but his effort from the edge of the box was comfortably pouched by Manuel Neuer. Another break followed 12 minutes later, with Fabian Ruiz ’s reverse pass finding Dembele, who wrestled with Kim before firing a left-footed shot from an acute angle that Neuer palmed away. Advertisement Frustrating, but PSG simply needed to hang on until the break. Then came the sequence that defined the game. As both teams set up for a Bayern corner, Dembele repeatedly debated with referee Istvan Kovacs on the legitimacy of the set-piece being awarded, getting himself booked. The initial corner was cleared out for another, which PSG goalkeeper Matvei Safonov flapped at to allow Kim to score in the 38th minute. PSG looked refreshed after the break, with their pressing limiting Bayern to unsuccessful counterattacks. Dembele was involved in their bid for an equalizer, sending a couple of teasing crosses into the box as well. However, that positive start was disrupted by Dembele receiving a second yellow card in the 56th minute after sliding into win the ball off Davies. Replays showed that the Frenchman did get his boot on the ball, but with VAR unable to review second yellow cards, Dembele was dismissed, leaving PSG to play over half an hour with 10 men with their Champions League campaign on the line. The dismissal will be disappointing, but this was another missed opportunity for Dembele, who holds the envious record of recording the most shots without a goal in this season’s Champions League (21). Anantaajith Raghuraman Why doesn’t Luis Enrique pick a centre-forward? “We need 20 clear chances to score,” Enrique lamented after his team’s 2-1 defeat by Atletico Madrid three weeks ago, which makes it all the stranger that he continues to operate without a specialist centre-forward. Goncalo Ramos is not yet match-fit after an ankle injury, but the continued exclusion of Randal Kolo Muani is mystifying, with Enrique preferring to field Ousmane Dembele and Bradley Barcola as wide forwards and leave the central area vacant for long periods of the first half. It wasn’t a horses-for-courses selection. Kolo Muani has started more games for France this season (five) than for his club (two). He has not started a game for PSG since Enrique substituted him at half-time during a a 1-1 draw with Nice. Advertisement After Dembele was sent off for a second bookable offence, it was Ramos who was summoned from the bench to replace Barcola with 19 minutes remaining. That didn’t work either. There is logic in going without a specialist centre-forward, but it requires an element of control in midfield or, failing that, a direct, incisive edge in attack. On this occasion, PSG had none of the above. Oliver Kay What was the Al-Khelaifi banner displayed by Bayern fans? Bayern’s ultras came prepared for the occasion — the specific game and the broader conflict. In the first half, they unveiled a banner aimed directly at Nasser Al-Khelaifi, the PSG president. “Football C’est moi? F*** off plutocratic Al-Khelaifi!” On a separate banner, hoisted a few rows behind: “Minister, club owner, TV rights holder, UEFA ExCo member and ECA chairman all in one!” Within that franglaise, the inference by the ultras is that Al-Khelaifi holds too much power in the game. Or that he holds too much authority within organisations that, in a few cases, theoretically overlap with one another. It’s a hard charge to refute. Al-Khelaifi is the president of the BeIN media group, a Champions League broadcaster. He is also, as the banner makes references to, a force within both UEFA’s executive committee and the European Club Association — European football’s policy maker and its organisation of member clubs respectively. Paris Saint-Germain have not responded to a request for comment on the banners from The Athletic . And, as is UEFA protocol, the governing body will wait for reports from the match before considering any action. Sebastian Stafford-Bloor What did Luis Enrique say? We will bring you this after he has spoken at the post-match press conference. What did Vincent Kompany say? We will bring you this after he has spoken at the post-match press conference. What next for PSG? Saturday, November 30: Nantes (H), Ligue 1, 8pm UK, 3pm ET What next for Bayern? 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