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2025-01-19
India’s rail and road expansion isn’t just paving highways—it’s building economic expressways. Think of a developing nation as a moving train or a speeding car. Without solid tracks or smooth roads, the journey is bound to be bumpy, inefficient, and slow. For India, the story of progress is being rewritten with stronger rails and broader highways, ensuring this journey is seamless and swift. A strong network of roads and railways isn’t just about moving people and goods; it’s the engine driving economic growth and connectivity. India’s government recognises this and is accelerating efforts to create a world-class transportation infrastructure. In August, the Union Cabinet approved eight ambitious railway projects to enhance connectivity in eastern states with an investment of 246.6 billion. In November, the Cabinet approved three major multitracking projects across Indian Railways, totalling an investment of 79.3 billion. On the roads front, India’s Vision 2047 policy (becoming a developed nation by 2047) aims to stretch the national highways network to over 200,000 km by 2037, with high-speed, access-controlled highways at its core. These roads will not only cut travel time but also drastically reduce road accidents, aligning India with global standards of logistics efficiency. As India accelerates its journey toward world-class rail and road infrastructure, certain companies stand out as key players in this transformation. Their established presence, proven track record, and robust order books position them to take on the monumental projects driving this expansion. Let’s delve into three specific stocks that are at the forefront of this growth. With their strong foundation and capacity to handle large-scale projects, these companies are uniquely poised to capitalise on the massive opportunities in rail and road development. L&T has cemented its position as a leading player in India’s road and railway infrastructure sectors. With a diverse portfolio that includes metro projects, expressways, and rail systems, L&T brings both scale and technical expertise to the table. According to its latest earnings call for the fiscal second quarter (July-September), L&T reported a record order book of about 5.1 trillion, with 67% stemming from infrastructure projects. L&T’s transportation infrastructure segment has demonstrated robust execution, with recent projects including portions of the Mumbai-Ahmedabad High-Speed Rail and multiple elevated corridors aimed at urban decongestion. The railways segment continues to be a strategic focus for L&T, particularly with its participation in dedicated freight corridors and metro rail projects. The company is heavily involved in the Eastern and Western Dedicated Freight Corridors, projects expected to streamline freight operations and reduce logistics costs. According to its integrated annual report for FY24, L&T’s expertise in executing rail electrification and complex track systems places it in a strong position to benefit from increased government allocations under Vision 2047. On the road infrastructure front, L&T has been instrumental in constructing expressways and smart highways, including projects like the Meerut-Aligarh-Ghaziabad corridor. These initiatives align with the government’s plan to expand the national highway network. Additionally, L&T’s projects increasingly incorporate smart technology such as digital monitoring systems, which enhance efficiency and safety. L&T’s construction and mining machinery business is also expected to see significant growth. According to Arvind K. Garg, senior vice president, the segment is projected to grow by 20% in 2025-26 and double its sales over the next five years. This growth is supported by new product launches like the Komatsu PC35 mini excavator and increased investments in after-sales service capabilities. In parallel, L&T is diversifying into the aerospace and space sectors. The company is leveraging its 50-year relationship with the Indian Space Research Organisation (Isro) to expand into manufacturing launch vehicles and satellites. As per its Q2 disclosures, L&T is part of a consortium with Hindustan Aeronautics Ltd to manufacture the Polar Satellite Launch Vehicle (PSLV). The first launch, expected in 2025, will mark a significant milestone as India opens its space sector to private firms. For investors, L&T’s integrated approach across sectors, coupled with its focus on high-margin projects and technological advancements, positions it as a resilient and forward-looking choice. Its diversified order book, strong execution capabilities, and alignment with government infrastructure initiatives make it a standout player in India’s growth narrative. L&T’s current price-to-earnings (P/E) ratio stands at 36.8, significantly higher than that of other infrastructure companies. This elevated valuation suggests that the market is pricing in a strong growth trajectory and the company’s ability to maintain consistent profitability. However, the modest 2.6% rise in its share price over the past year indicates that the optimism embedded in its P/E ratio has not translated into immediate stock market gains. This time correction perhaps makes it a stock to watch for 2025. GR Infraprojects Ltd has built a strong reputation in the infrastructure space with its expertise in constructing national highways, expressways, and bridges, as well as its growing presence in railway projects, including rail overbridges and track-laying contracts. Its strategic expansion into both sectors reflects its capability to deliver integrated transport solutions, positioning it as a key player in India’s infrastructure development drive. GR Infraprojects continues to strengthen its role as a key player in India’s infrastructure development, contributing significantly to roads, railways, and power transmission. The company’s diversified portfolio demonstrates its strategic approach to capturing opportunities in these high-growth sectors. As of September, the company reported an order book of 20,680 crore, with 13,300 crore allocated for ongoing execution and 4,130 crore awaiting appointed dates. GR Infraprojects highlights progress across several projects, including highway engineering, procurement, and construction (EPC), and hybrid annuity model (HAM) projects. The company has also advanced metro and rail connectivity projects, which it sees as crucial for enhancing urban mobility and freight efficiency across states. It has also strategically diversified into the power transmission sector, aligning with India’s target of achieving 500 GW of renewable energy capacity by 2030. In September, GRIL raised 1,670 crore through Standard Chartered Bank to fund its greenfield power transmission projects. GRIL’s FY24 annual report highlights its long-term plans in power transmission, aiming to build a resilient network that supports the nation’s renewable energy goals. The company has successfully delivered other transmission projects within budget and on schedule, reinforcing its reputation in this emerging vertical. GR Infraproject’s strategic presence in roads, railways, and power transmission positions it as a key beneficiary of India’s infrastructure and renewable energy ambitions. Its ability to execute complex projects across multiple domains, its financial discipline, and proven track record make it an interesting candidate to watch out during India’s road and railway expansion boom. GR Infraprojects’ stock has rallied moderately over the past year, gaining 28.3%. While this reflects a healthy appreciation in its market value, its current price-to-earnings (PE) ratio of 15.6 suggests that the stock remains reasonably valued compared to peers in the infrastructure sector. This PE level indicates that while the market acknowledges the company’s solid fundamentals it has yet to fully price in the GR Infraprojects’ long-term growth potential. The valuation offers room for potential share price upside, provided the company continues to execute effectively and leverage opportunities in its core and emerging sectors. Ircon International Ircon International is a prominent public sector undertaking with expertise in the railways and highways sectors, delivering large-scale and technologically advanced infrastructure projects. Founded in 1976 as a railway construction company, Ircon later diversified into highways and integrated projects, strengthening its multi-sectoral presence. According to its Q2 investor presentation, Ircon had an order book of 24,250 crore as of 30 September, with railways contributing 78% and roads 22%. This reflects the company’s focus on delivering large-scale, technologically advanced projects, including electrification, signalling, and track-laying for railways and highways, bridges, and tunnels in the road sector. Ircon’s FY24 annual report highlights the company’s long-term growth plans, which include diversifying into emerging sectors like renewable energy. Ircon is progressing with its 500 MW solar project, aiming to leverage its engineering expertise in the energy sector to enhance its revenue mix. Additionally, the company is expanding its international footprint cautiously, targeting stable markets while mitigating geopolitical risks. The annual report states that Ircon plans to double its turnover in the next five to six years by securing larger, more complex projects. Ircon’s strategy includes focusing on high-margin, niche projects such as tunnels and bridges, where competition is lower and operational margins remain steady. The company aims to secure 10,000-12,000 crore in new orders annually to align with the government’s infrastructure priorities under PM Gati Shakti and Vision 2047. Over the past year, Ircon’s stock has rallied moderately, posting a gain of 22.4%. Despite this growth, its current price-to-earnings (PE) ratio of 21.4 suggests the stock is relatively fairly valued compared to its peers in the infrastructure sector. Conclusion , Warren Buffett famously remarked. That is precisely the case with India’s infrastructure boom, as investments in railways and highways are not just expenses but milestones marking a transformation in the country’s economic future. With a huge estimated outlay for railway projects and an ambitious plan to expand its road highways network, India is sowing the seeds for unparalleled connectivity and economic upliftment. Beyond the expansion plans, this marks a shift towards environmental sustainability and efficiency in transport. Reducing 322 million litres of oil imports and about 900,000 tonnes of carbon emissions through railway expansions is equivalent to the amount of environmental impact through the planting of 35 million trees. On the other hand, high-speed, access-controlled highways under Vision 2047 redefine logistics efficiency and safety as a comprehensive approach to infrastructure. For investors, the opportunity lies in identifying companies poised to harness this momentum. Firms like Larsen & Toubro, GR Infraprojects, and Ircon International represent a suggestive list of stocks that believes are well-positioned to grow, though this is not a conclusive or advisory recommendation. Whether these companies can continue to deliver at this high level will be a key determinant on how they perform in the stock market.WASHINGTON (AP) — One year after the Jan. 6, 2021 , U.S. Capitol attack, Attorney General Merrick Garland said the Justice Department was committed to holding accountable all perpetrators “at any level” for “the assault on our democracy.” That bold declaration won't apply to at least one person: Donald Trump. Special counsel Jack Smith's move on Monday to abandon the federal election interference case against Trump means jurors will likely never decide whether the president-elect is criminally responsible for his attempts to cling to power after losing the 2020 campaign. The decision to walk away from the election charges and the separate classified documents case against Trump marks an abrupt end of the Justice Department’s unprecedented legal effort that once threatened his liberty but appears only to have galvanized his supporters. The abandonment of the cases accusing Trump of endangering American democracy and national security does away with the most serious legal threats he was facing as he returns to the White House. It was the culmination of a monthslong defense effort to delay the proceedings at every step and use the criminal allegations to Trump's political advantage, putting the final word in the hands of voters instead of jurors. “We always knew that the rich and powerful had an advantage, but I don’t think we would have ever believed that somebody could walk away from everything,” said Stephen Saltzburg, a George Washington University law professor and former Justice Department official. “If there ever was a Teflon defendant, that’s Donald Trump.” While prosecutors left the door open to the possibility that federal charges could be re-filed against Trump after he leaves office, that seems unlikely. Meanwhile, Trump's presidential victory has thrown into question the future of the two state criminal cases against him in New York and Georgia. Trump was supposed to be sentenced on Tuesday after his conviction on 34 felony counts in his New York hush money case , but it's possible the sentencing could be delayed until after Trump leaves office, and the defense is pushing to dismiss the case altogether. Smith's team stressed that their decision to abandon the federal cases was not a reflection of the merit of the charges, but an acknowledgement that they could not move forward under longstanding Justice Department policy that says sitting presidents cannot face criminal prosecution. Trump's presidential victory set “at odds two fundamental and compelling national interests: On the one hand, the Constitution’s requirement that the President must not be unduly encumbered in fulfilling his weighty responsibilities . . . and on the other hand, the Nation’s commitment to the rule of law,” prosecutors wrote in court papers. The move just weeks after Trump's victory over Vice President Kamala Harris underscores the immense personal stake Trump had in the campaign in which he turned his legal woes into a political rallying cry. Trump accused prosecutors of bringing the charges in a bid to keep him out of the White House, and he promised revenge on his perceived enemies if he won a second term. “If Donald J. Trump had lost an election, he may very well have spent the rest of his life in prison,” Vice President-elect JD Vance, wrote in a social media post on Monday. “These prosecutions were always political. Now it’s time to ensure what happened to President Trump never happens in this country again.” After the Jan. 6 attack by Trump supporters that left more than 100 police officers injured, Republican leader Mitch McConnell and several other Republicans who voted to acquit Trump during his Senate impeachment trial said it was up to the justice system to hold Trump accountable. The Jan. 6 case brought last year in Washington alleged an increasingly desperate criminal conspiracy to subvert the will of voters after Trump's 2020 loss, accusing Trump of using the angry mob of supporters that attacked the Capitol as “a tool” in his campaign to pressure then-Vice President Mike Pence and obstruct the certification of Democrat Joe Biden's victory. Hundreds of Jan. 6 rioters — many of whom have said they felt called to Washington by Trump — have pleaded guilty or been convicted by juries of federal charges at the same courthouse where Trump was supposed to stand trial last year. As the trial date neared, officials at the courthouse that sits within view of the Capitol were busy making plans for the crush of reporters expected to cover the historic case. But Trump's argument that he enjoyed absolute immunity from prosecution quickly tied up the case in appeals all the way up to the Supreme Court. The high court ruled in July that former presidents have broad immunity from prosecution , and sent the case back to the trial court to decide which allegations could move forward. But the case was dismissed before the trial court could got a chance to do so. The other indictment brought in Florida accused Trump of improperly storing at his Mar-a-Lago estate sensitive documents on nuclear capabilities, enlisting aides and lawyers to help him hide records demanded by investigators and cavalierly showing off a Pentagon “plan of attack” and classified map. But U.S. District Judge Aileen Cannon dismissed the case in July it on grounds that Smith was illegally appointed . Smith appealed to the Atlanta-based 11th U.S. Circuit Court of Appeals, but abandoned that appeal on Monday. Smith's team said it would continue its fight in the appeals court to revive charges against Trump's two co-defendants because “no principle of temporary immunity applies to them.” In New York, jurors spent weeks last spring hearing evidence in a state case alleging a Trump scheme to illegally influence the 2016 election through a hush money payment to a porn actor who said the two had sex. New York prosecutors recently expressed openness to delaying sentencing until after Trump's second term, while Trump's lawyers are fighting to have the conviction dismissed altogether. In Georgia, a trial while Trump is in office seems unlikely in a state case charging him and more than a dozen others with conspiring to overturn his 2020 election loss in the state. The case has been on hold since an appeals court agreed to review whether to remove Fulton County District Attorney Fani Willis over her romantic relationship with the special prosecutor she had hired to lead the case. Associated Press reporter Lisa Mascaro in Washington contributed.The match begins at 3 p.m. Mountain Time Wednesday at the University of Arizona’s McKale Center and will be shown on the streaming platform ESPN+. Arkansas State (28-5) is a member of the Sun Belt Conference, and the Red Wolves will be the third opponent from the Sun Belt in three matches for UNC. Subscribe to continue reading this article. Already subscribed? To login in, click here.New 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. They are able to make well calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising of business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of best cost-effective, value-added package from us, should you decide to engage with us. Contact Us: Astute Analytica Phone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World) For Sales Enquiries: ... 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South Korean authorities seek warrant to detain impeached President Yoon in martial law probeWASHINGTON (AP) — One year after the Jan. 6, 2021, U.S. Capitol attack, Attorney General Merrick Garland said the Justice Department was committed to holding accountable all perpetrators “at any level” for “the assault on our democracy.” That bold declaration won’t apply to at least one person: Donald Trump. Special counsel Jack Smith’s move on Monday to abandon the against Trump means jurors will likely never decide whether the president-elect is criminally responsible for his attempts to cling to power after losing the 2020 campaign. The decision to walk away from the election charges and the separate against Trump marks an abrupt end of the Justice Department’s unprecedented legal effort that once threatened his liberty but appears only to have galvanized his supporters. The abandonment of the cases accusing Trump of endangering American democracy and national security does away with the most serious legal threats he was facing as he returns to the White House. It was the culmination of a monthslong defense effort to delay the proceedings at every step and use the criminal allegations to Trump’s political advantage, putting the final word in the hands of voters instead of jurors. “We always knew that the rich and powerful had an advantage, but I don’t think we would have ever believed that somebody could walk away from everything,” said Stephen Saltzburg, a George Washington University law professor and former Justice Department official. “If there ever was a Teflon defendant, that’s Donald Trump.” While prosecutors left the door open to the possibility that federal charges could be re-filed against Trump after he leaves office, that seems unlikely. Meanwhile, Trump’s presidential victory has thrown into question the future of the two state criminal cases against him in New York and Georgia. Trump was supposed to be sentenced on Tuesday after his , but it’s possible the sentencing could be delayed until after Trump leaves office, and the defense is pushing to dismiss the case altogether. Smith’s team stressed that their decision to abandon the federal cases was not a reflection of the merit of the charges, but an acknowledgement that they could not move forward under longstanding Justice Department policy that says sitting presidents cannot face Trump’s presidential victory set “at odds two fundamental and compelling national interests: On the one hand, the Constitution’s requirement that the President must not be unduly encumbered in fulfilling his weighty responsibilities . . . and on the other hand, the Nation’s commitment to the rule of law,” prosecutors wrote in court papers. The move just weeks after Trump’s victory over Vice President Kamala Harris underscores the immense personal stake Trump had in the campaign in which he turned his legal woes into a political rallying cry. Trump accused prosecutors of bringing the charges in a bid to keep him out of the White House, and he promised revenge on his perceived enemies if he won a second term. “If Donald J. Trump had lost an election, he may very well have spent the rest of his life in prison,” Vice President-elect JD Vance, wrote in a social media post on Monday. “These prosecutions were always political. Now it’s time to ensure what happened to President Trump never happens in this country again.” After the Jan. 6 attack by Trump supporters that left more than 100 police officers injured, Republican leader Mitch McConnell and several other Republicans said it was up to the justice system to hold Trump accountable. The Jan. 6 case brought last year in Washington alleged an increasingly desperate criminal conspiracy to subvert the will of voters after Trump’s 2020 loss, accusing Trump of using the angry mob of supporters that attacked the Capitol as “a tool” in his campaign to pressure then-Vice President and obstruct the certification of Democrat Joe Biden’s victory. Hundreds of Jan. 6 rioters — many of whom have said they felt called to Washington by Trump — have pleaded guilty or been convicted by juries of federal charges at the same courthouse where Trump was supposed to stand trial last year. As the trial date neared, officials at the courthouse that sits within view of the Capitol were busy making plans for the crush of reporters expected to cover the historic case. But Trump’s argument that he from prosecution quickly tied up the case in appeals all the way up to the Supreme Court. The high court ruled in July that , and sent the case back to the trial court to decide which allegations could move forward. But the case was dismissed before the trial court could got a chance to do so. The other indictment brought in Florida accused Trump of at his Mar-a-Lago estate sensitive documents on nuclear capabilities, enlisting aides and lawyers to help him hide records demanded by investigators and cavalierly showing off a Pentagon “plan of attack” and classified map. But U.S. District Judge Aileen Cannon . Smith appealed to the Atlanta-based 11th U.S. Circuit Court of Appeals, but abandoned that appeal on Monday. Smith’s team said it would continue its fight in the appeals court to revive charges against Trump’s two co-defendants because “no principle of temporary immunity applies to them.” In New York, jurors spent weeks last spring hearing evidence in a state case alleging a Trump scheme to illegally influence the 2016 election through who said the two had sex. New York prosecutors recently expressed openness to delaying sentencing until after Trump’s second term, while Trump’s lawyers are fighting to have the conviction dismissed altogether. In Georgia, a trial while Trump is in office seems unlikely in a state case charging him and more than a dozen others with conspiring to overturn his 2020 election loss in the state. The case has been on hold since an appeals court agreed to review whether to remove Fulton County District Attorney Fani Willis over her with the special prosecutor she had hired to lead the case. ____ Associated Press reporter Lisa Mascaro in Washington contributed.

NEW YORK (AP) — The leaders of Kamala Harris' presidential campaign insist they simply didn't have enough time to execute a winning strategy against Donald Trump , pointing to “ferocious" political headwinds that were ultimately too much to overcome in the 107-day period after President Joe Biden stepped aside . Harris' leadership team, speaking on the “Pod Save America” podcast that aired on Tuesday, defended strategic decisions over the campaign's closing days, some of which have faced scrutiny in the weeks since Trump's decisive victory . Specifically, they defended Harris' outreach to Republican voters, her unwillingness to distance herself from Biden, her silence on Trump's attacks on her transgender policies and her inability to schedule an interview with popular podcaster Joe Rogan. “In a 107-day race, it is very difficult to do all the things you would normally do in a year and a half, two years,” said Harris campaign senior adviser Jen O'Malley Dillon. David Plouffe, another senior adviser, added, “There was a price to be paid for the short campaign." The pointed reflections on Harris' loss came just before she declared she was “proud of the campaign we ran” during a conference call with supporters as the party begins a painful process of self-examination. Trump won every swing state and made gains among key voting groups traditionally aligned with Democrats — young voters and voters of color, among them. Backed by the resounding win, the Republican president-elect is claiming a mandate to enact his populist agenda as he prepares to return to the White House on Jan. 20. Harris acknowledged her defeat during the conference call, but praised the political organization her team built that featured more than 408,000 volunteers who knocked on nearly 20 million doors and made over 219 million phone calls. “What we did in 107 days was unprecedented,” she said, noting that her campaign also raised more than $1.4 billion, which marks a record for U.S. presidential campaigns. Still, Harris' campaign finished the election in debt . And none of the Harris advisers acknowledged any mistakes during the wide-ranging podcast interview hosted by former Democratic operatives. Instead, they indicated that Harris had few options given the compressed timeframe and the broad anti-incumbent headwinds that have challenged elected officials across the world. They also gave Trump's team some credit. They specifically pointed to Trump's closing attack ad, which highlighted Harris' support for taxpayer-funded sex reassignment surgeries for transgender prisoners. “Obviously, it was a very effective ad at the end,” said Harris deputy campaign manager Quentin Fulks. “I think that it made her seem out of touch.” The campaign tested several potential response ads but, in the end, decided it was best to avoid a specific rebuttal. “There’s no easy answers to this,” O'Malley Dillon said. Plouffe said he thought the Trump attack ad against “Bidenomics” was even more effective, but he acknowledged that the transgender attacks were not helpful. “She was on tape," he said. "Surgery for trans people who want to transition in prison was part of the Biden-Harris platform in 2020. It was part of what the administration did, right?” And while the campaign has faced lingering questions about its media strategy, Harris' team said she actually wanted to participate in a podcast with Rogan, who is among the world's most popular podcasters and ultimately endorsed Trump. Stephanie Cutter, another Harris senior adviser, said the campaign wasn't able to “find a date” to make it work. “We had discussions with Joe Rogan’s team. They were great. They wanted us to come on. We wanted to come on,” she said. “Will she do it sometime in the future? Maybe. Who knows. But it didn’t ultimately impact the outcome one way or the other.” Plouffe noted that the campaign offered to do the Rogan podcast on the road in Austin, Texas. Trump ultimately did his interview with Rogan in the podcaster's studio. Harris' campaign brass also defended her decision to court moderate Republicans in the campaign's closing days. The decision has drawn ire from some progressives, who believe Harris should have worked harder to turn out more traditional Democratic voters. “This political environment sucked, OK? We were dealing with ferocious headwinds,” Plouffe said. “So we had a complicated puzzle to put together here in terms of the voters.” He acknowledged some “drift” toward Trump among non-college-educated voters, particularly voters of color, which made Harris' outreach to moderate voters even more important. “Yes, of course, you have to maximize your turnout and your vote share amongst liberal voters if you’re a Democrat. That was a huge focus,” he said. He added, “You’ve got to couple that with dominating in the middle. Not just winning it a little. We have to dominate the moderate vote." Speaking on Tuesday's conference call, Harris' running mate Tim Walz described the election result as “incredibly disappointing” and “a bit scary." But he praised the campaign's effort. “There will be a day of reckoning when it will be asked, ‘What did you do during the 2024 campaign?’ Well, I know the people on this call can say, everything they possibly could,” Walz said. “And for that, as an American, I’m incredibly grateful.” ___ Steve Peoples, The Associated PressToys Market in Europe to Grow by USD 9.27 Billion (2024-2028), Driven by Premiumization and AI-Influenced Market Trends - Technavio

Joe Rogan left stunned as Navy pilot reveals secret tech powering drones over New Jersey'How the world has changed since Jimmy Carter was born in 1924Happy Birthday, V, aka Kim Taehyung! It’s the K-Pop star’s 29th birthday and like every year, ARMYs have planned thoughtful and elaborate celebrations. Kim Taehyung was born on December 30, 1995, and the BTS member is celebrating his birthday today. On this special occasion, fans across the globe unite to express their love, admiration and gratitude for their favourite artists. The cities, billboards, banners and more are all painted in purple in high anticipation. To make V’s birthday even more memorable, we bring Kim Taehyung’s birthday images and HD wallpapers that you can download for free online. These HBD photos are perfect for sharing your thoughtful birthday wishes and greetings to the K-Pop star. BTS V aka Kim Taehyung Birthday: ARMY Floods Social Media With Wishes, Greetings and Lovely Messages, Trends #HappyVDay Worldwide. Beyond his musical contributions to the K-Pop genre, V’s unique individuality and his ability to remain true to himself make him an iconic figure. Days leading up to Kim Taehyung’s 29th birthday, preparations were in full swing in South Korea, where fans painted the cities purple. For the unversed, the colour purple represents love, trust and loyalty within the BTS fandom, and it was Taehyung, who coined the term “I Purple You” to express his love for his fans, aka the ARMYs. As a tribute to the singer, we bring you Happy Birthday V, aka Kim Taehyung’s images, HD wallpapers and photos that you can download for free online to share on social media with purple hearts and emojis. BTS V Birthday: ARMY Create Heartfelt Surprise With Over 70 Banners Decorating Streets Near Kim Taehyung’s Military Base. The seven-member band of BTS is globally popular and cherished by its loyal fans. Each member’s birthday is special, and the ARMYs ensure memorable celebrations. This year, as a tribute to V, fans have carefully coordinated banner events in close proximity to the Ssangyong Unit area, where V is currently serving his military duty. (The above story first appeared on LatestLY on Dec 30, 2024 07:05 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com ).

Israel said Tuesday it had bombed more than 350 military sites in Syria during the previous 48 hours, targeting “most of the strategic weapons stockpiles” in the country. Israeli Prime Minister Benjamin Netanyahu said the wave of airstrikes in neighboring Syria was necessary to keep the weapons from being used against Israel following the Syrian government’s stunning collapse . Israel also acknowledged its troops were pushing into a border buffer zone inside Syria, which was established after the 1973 Mideast war. However, Israel denied its forces were advancing Tuesday toward the Syrian capital of Damascus. Life in the capital was slowly returning to normal after jihadi-led Syrian insurgents ousted President Bashar Assad over the weekend. People celebrated for a third day in a main square, and shops and banks reopened. The United States said Tuesday it would recognize and support a new Syrian government that renounces terrorism, destroys chemical weapons stocks and protects the rights of minorities and women. Syria's nearly 14-year civil war killed nearly half a million people and displaced half of the country’s prewar population of 23 million, becoming a proxy battlefield for regional and international powers. Here's the Latest: BEIRUT — Insurgents who overthrew the Syrian government now say they have wrested control of the eastern city of Deir el-Zour after intense battles with a Kurdish-led, U.S.-backed force. Syria’s rebel military command announced Tuesday evening that they had completely captured the city of Deir el-Zour. A member of the jihadi group Hayat al-Tahrir, which leads the insurgent alliance, said in a recorded video that the group would soon conduct a thorough sweep of the city’s neighborhoods to secure the area, adding that the strategic nearby town of Boukamal has also fallen to opposition forces. “We will advance toward Raqqa and Hasakah and other areas in eastern Syria,” the HTS fighters said. The Kurdish-led Syrian Democratic Forces had only held the city for a few days. The SDF said it deployed to Deir el-Zour and west of the Euphrates River on Friday, replacing Syrian government forces. At the time, the SDF said its fighters were not in control of the Boukamal border crossing with Iraq. Earlier Tuesday, the top U.S. military commander for the Middle East was in eastern Syria for meetings with the SDF. It wasn’t clear if he met with SDF leader Mazloum Abdi. BEIRUT — Syria’s transitional government will made up of members from the rebel-led administration that ruled an insurgent stronghold in the country's northwest, the new prime minister said Tuesday, who called the task “a great challenge.” The caretaker Syrian government, which will oversee the country’s affairs until March, held its first meeting Tuesday since overthrowing former President Bashar Assad. It was attended by the departing Prime Minister Mohammad Ghazi Jalali and other ministers along with new Prime Minister Mohammed al-Bashir. He had led the so-called “salvation government” in areas controlled by rebel groups — led by Hayat Tahrir al-Sham, or HTS — that have taken control of much of the country. “We were tasked by the general command with managing the affairs of the Syrian government during a transitional period,” Bashir said in a statement following the meeting in Damascus. He added that he hopes ministers in the former Syrian government will assist the new government during this transitional period. “The caretaker government was formed from a number of ministers of the revolutionary government, which is the Syrian Salvation Government, and this government is a temporary caretaker government that will last until March 2025, until the constitutional issues are resolved,” Bashir said. The insurgent alliance is led by a former senior al-Qaida militant , Abu Mohammed al-Golani, who cut ties with the extremist group years ago and has promised representative government and religious tolerance. SAYDNAYA, Syria — Tens of thousands came to Saydnaya Prison from all over Syria after the fall of former President Bashar Assad to search for their loved ones. The place so notorious for its horrors was long known as “the slaughterhouse.” For the past two days, all have been looking for signs of loved ones who disappeared years or even decades ago into the secretive, sprawling prison just outside Damascus. But hope gave way to despair Monday. People opened the heavy iron doors lining the hallways to find cells inside empty. With sledgehammers, shovels and drills, men pounded holes in floors and walls, looking for what they believed were secret dungeons, or chasing sounds they thought they heard from underground. They found nothing. Insurgents freed dozens of people from the Saydnaya military prison on Sunday when Damascus fell. Since then, almost no one has been found. “Where is everyone? Where are everyone’s children? Where are they?” said Ghada Assad, breaking down in tears. An estimated 150,000 people were detained or went missing in Syria since 2011 — and tens of thousands of them are believed to have gone through Saydnaya. WASHINGTON — The top U.S. military commander for the Middle East was on the ground in Syria on Tuesday, meeting with a Kurish-led, U.S.-allied force at several bases in the country's east, U.S. Central Command said. Army Gen. Erik Kurilla visited with U.S. military commanders and troops as well as the Kurdish-led Syrian Democratic Forces. It wasn’t clear if he met with SDF leader Mazloum Abdi, and U.S. Central Command did not respond to a request for details about his visit or with whom he met. U.S. officials said they did not know what his message to the SDF was. The U.S has about 900 troops in Syria, including forces working with Kurdish allies in the northeast to prevent any resurgence of the Islamic State group. In a press release, Central Command said Kurilla received an “assessment of force protection measures, the rapidly evolving situation, and ongoing efforts to prevent ISIS from exploiting the current situation.” Kurilla then went on to Iraq where he met with leaders in Baghdad. UNITED NATIONS – The United Nations says it still getting reports about the looting of warehouses with humanitarian aid in a number of areas in Syria, including around the capital Damascus. U.N. spokesman Stephane Dujarric told reporters Tuesday that U.N. agencies and their partners are working to identify the extent of looting at the warehouses, including those of U.N. agencies and the Syrian Arab Red Crescent. Dujarric said U.N. aid officials report that “the humanitarian situation remains volatile across Syria, with reports of people continuing to be displaced.” Humanitarian officials reported that 25 trucks carrying U.N. aid crossed from Turkey to northwest Syria, which the situation is now relatively calm, the U.N. spokesman said. All 11 receptions opened in Idlib in the northwest to host newly displaced families were empty as of Monday, Dujarric said. In the northeast, he said, authorities report that as of Tuesday 100,000 people have been displaced due to fighting in Tal Rifaat and other parts of Aleppo governorate. Dujarric said the U.N.’s partners report that “reception centers in Tabqa and Raqqa have reached full capacity, and more than 200 sites – including municipal buildings, schools, mosques, and stadiums – are being used to accommodate newly displaced people.” BEIRUT — The Lebanese army said Tuesday that “unidentified gunmen” crossed the border from Syria into eastern Lebanon's Bekaa province and approached a Lebanese border post. In a statement, the army said the gunmen fired into the air and seized equipment from an evacuated Syrian army post in the outskirts of Kfar Fouq, near Rashaya al-Wadi, in the western part of Bekaa province. Lebanese army personnel responded with warning shots, forcing the group to retreat back into Syrian territory. The Lebanese army did not report any injuries or provide further details about the identity of the gunmen. WASHINGTON — Yemen’s Houthi rebels launched multiple drones and a missile at three commercial ships being escorted in the Gulf of Aden by U.S. Navy ships, a U.S. official said Tuesday. There was no damage and no injuries. The official, who spoke on condition of anonymity to discuss military operations, said U.S. Navy destroyers, and Navy helicopter and a French Air Force aircraft shot down four of the drones and the missile. The three U.S. affiliated flagged ships were sailing east toward Djibouti. The Iran-backed Houthis have targeted shipping through the key waterway for more than a year, attacks they say are meant to force an end to Israel’s war against Hamas in Gaza. JERUSALEM — Israel’s military said it bombed more than 350 sites in Syria during the previous 48 hours, targeting “most of the strategic weapons stockpiles” in the country. There is concern that, with the sudden collapse of the Syrian government, weapons stockpiles could be seized by jihadi militants. Warplanes hit what Israel said were Syrian air defense systems, military airfields, missile depots, and dozens of weapons production sites in the cities of Damascus, Homs, Tartus, Latakia, and Palmyra, the Israeli army statement said. In naval operations overnight Monday, Israeli missile ships struck two Syrian navy facilities simultaneously — Al-Bayda port and Latakia port — where the army said 15 Syrian naval vessels were docked. Israeli did not specify how many Syrian naval vessels were hit. The private security firm Ambrey said it had seen evidence that at least six Soviet-era Syrian navy missile ships were hit. Israeli officials said earlier that Israel also targeted alleged chemical weapons sites. JERUSALEM — Israeli Prime Minister Benjamin Netanyahu confirmed Tuesday that his country’s military launched a wave of airstrikes across Syria to destroy the toppled government’s leftover “military capabilities,” and said Israel wants relations with the new government emerging Syria. Hours after Israeli warplanes pounded Syria, Netanyahu said Israeli doesn’t want to meddle in Syria’s internal affairs, but would take necessary steps to protect Israel's security and prevent jihadi militants from seizing the Syrian army assets. He warned that if the new Syrian government “allows Iran to re-establish itself in Syria or allows the transfer of Iranian weapons or any other weapons to Hezbollah, or attacks us -- we will respond forcefully and we will exact a heavy price from it.” He spoke in a video statement recorded at the Kirya military headquarters in Tel Aviv, after his first day of testimony in his corruption trial. DAMASCUS, Syria — In Umayyad Square in Damascus, Syrians celebrated the fall of President Bashar Assad for the third day on Tuesday despite Israeli airstrikes across the country. Insurgents who recently took control of the capital city tried to impose a new rule banning the celebratory gunfire. There were a few violators, and much less deafening gunfire. Protesters climbed the square's central monument to wave the Syrian revolutionary flag. On the ground, crowds chanted: “Out with Bashar! Out with Bashar!” Assad fled to Russia over the weekend after a lightning rebel offensive toppled his brutal police state. Demonstrators from different provinces marched in the square in groups, celebrating Assad's fall. Men on motorcycles and horses paraded into the square. One woman from Idlib province shouted that the Israeli strikes ruined the joy of ousting Assad. “Why are you striking us? We just deposed a tyrant,” she said. “Give us peace. Leave us alone,” said Ahmed Jreida, 22, a dentist student, when asked about the Israeli airstrikes. Hamzeh Hamada, 22, said this was the first time he had gone out to a demonstration. “We want the country to get better, to live in dignity and be like other countries that respect citizens’ rights and where there are no bribes,” he said. “We have suffered a lot from bribes. ... We had to bribe people for very minor things; things that should be our right.” Abdul-Jalil Diab was taking a stroll with his brothers in another square in western Damascus. He said he came back from Jordan the day Damascus fell. He was there studying German to prepare to move to Germany and said he is now reconsidering his plans. He was ecstatic, saying words can’t describe how he feels. “We are happy to get rid of the corrupt regime that was based on bribes. The whole country feels better. Everyone is happy and celebrating,” Abdul-Jalil Diab said. QAMISHLI, Syria — Residents of northeast Syria in the area around Qamishli airport said Tuesday they heard explosions overnight after an airstrike hit trucks loaded with rockets and ammunition that were heading to a military base in Tartab. “We don’t know the story. It was only in the morning when we realized they are trucks loaded with ammunition, leftovers of the former army, the regime,” said Ibrahim al-Thalaj, who lives near the base. He said residents assumed that the strikes were Israeli. Israel has carried out a heavy wave of airstrikes across Syria targeting military infrastructure after Syrian insurgents toppled the government of Bashar Assad. However, Turkish security officials said Tuesday that the strike in Qamishli was carried out by Turkey, targeting weapons and ammunition that were abandoned by the Syrian army and seized by Syrian Kurdish militants. The explosions lasted for over 20 minutes after the strike, and many houses in the surrounding area were damaged as a result, residents of the area said. “We just felt a strike hitting. It hit the first one (truck) and we saw the other trucks retreating back, and from there rockets and shells started flying over,” said Hamid al-Asaad, an eyewitness from Qub al-Zeki village in Qamishli. “We were sitting when these explosions started to hit the house,” said Mahmoud Hamza of Tartab. “It was hitting randomly and we didn’t know where it was coming from. ... Once we got out of our house, a rocket hit the house.” There were no details released by the local Kurdish administration regarding the explosions, but members of the Kurdish-led Syrian Democratic Forces blocked the road to the base. BRUSSELS — The European Union’s top diplomat is concerned that Syria might violently fall apart like neighboring Iraq, or Libya and Afghanistan if its territorial integrity and the rights of minorities are not protected. “The transition will present huge challenges in Syria and in the region,” EU foreign policy chief Kaja Kallas told European lawmakers on Tuesday during a special hearing. “There are legitimate concerns about the risks of sectarian violence, extremist resurgence and the governance vacuum, all of which must be averted. We must avoid a repeat of the horrific scenarios of Iraq, Libya and Afghanistan,” she said. “The rights of all Syrians, including those of many minority groups, must be protected,” she said. “It is crucial to preserve the territorial integrity of Syria, and to respect its independence, its sovereignty, as well as the state institutions.” Kallas also said the collapse of the government has shown that Assad’s backers in Russia and Iran “could neither afford to do it any longer, nor had any interest of being present in the aftermath.” “They are weakened, distracted and overstretched in other theaters in the broader Middle East, but also in Ukraine,” she said. ANKARA, Turkey — Turkey’s intelligence agency, MIT, has attacked a convoy of trucks that was allegedly carrying missiles, heavy weapons and ammunition that were abandoned by the Syrian government and reportedly seized by Syrian Kurdish militias, Turkish security officials said Tuesday. The officials said 12 trucks, two tanks and two ammunition depots were “destroyed” in aerial strikes in the city of Qamishli, near the border with Turkey in northeast Syria. The officials provided the information on condition of anonymity in line with Turkish regulations. They did not say when the attack occurred. The officials said the intelligence agency detected that weapons left by the Syrian government forces were being moved to warehouses belonging to the Syrian Kurdish People’s Defense Units, or YPG. Turkey views the group as a terrorist organization because of its links to the banned Kurdish militants that have led a decadeslong insurgency in Turkey. According to the officials, he group was allegedly planning to use the equipment and supplies against Turkish security forces. By Suzan Fraser WASHINGTON — The White House is signaling its approval of Israel’s strikes against Syrian military and alleged chemical weapons targets and the seizure of a buffer zone in the Syrian Golan Heights after the fall of the Assad government. “These are exigent operations to eliminate what they believe are imminent threats to their national security,” White House national security spokesman John Kirby said Tuesday, saying the U.S. would leave it up to the Israelis to discuss details of their operations. “They have as always the right to defend themselves,” Kirby said. He declined to detail and U.S. intelligence cooperation with the Israelis that went into the strikes. Kirby said the White House was reasserting its support of the 1974 Golan Heights disengagement agreement, but didn’t criticize the Israeli seizure of the demilitarized zone. Israel has a long history of seizing territory during wars with its neighbors and occupying it indefinitely , citing security concerns. Israel captured the Golan Heights from Syria in the 1967 Mideast war and annexed it in a move not recognized internationally, except by the United States. WASHINGTON — The Biden administration says it will recognize and support a new Syrian government that renounces terrorism, destroys chemical weapons stocks and protects the rights of minorities and women. Secretary of State Antony Blinken said in a statement Tuesday that the U.S. would work with groups in Syria and regional partners to ensure that the transition from President Bashar Assad’s deposed government runs smoothly. He was not specific about which groups the U.S. would work with. Blinken says Syrians should decide their future and that other countries should “support an inclusive and transparent process” and not interfere. “The United States will recognize and fully support a future Syria government that results from this process,” he said. “We stand prepared to lend all appropriate support to all of Syria’s diverse communities and constituencies.” DAMASCUS, Syria — Jihad Mustafa Shibani was taking his new motorcycle for a spin with a friend around the house of the deposed Syrian president in western Damascus on Tuesday. Shibani was released from prison a week before the capital Damascus fell, after he served two years on charges of buying his motorcycle using foreign currency on accusations he was dealing in dollars. He was tortured for 15 days and and given a quick trial where he was sentenced for two years, he said. He was released the day Aleppo fell to the insurgents. “Everything was banned in Syria. The (Assad loyalists) only could use it,” Shibani said. He said he has never been to this neighborhood, because it was taken over by Assad, his family and supporters. “For 50 years, my family’s house is near here, and we don’t know anything about it. ... The Syrian people had been oppressed, you can’t imagine.” Shibani said he has no fear of the rebel newcomers who have taken control of the country. “We are not afraid. There can be no one more unjust than Bashar. Impossible.” BEIRUT — Lebanon’s prime minister is in contact with security and judicial officials to follow up on reports that senior members of President Bashar Assad’s government have fled to Lebanon. Najib Mikati’s office quoted him as saying that Lebanon abides by international laws regarding people who cross its borders. Rami Abdurrahman of the Britain-based Syrian Observatory for Human Rights, an opposition war monitor, said that several top security officials have entered Lebanon over the past two days. Abdurrahman added that Syria’s former intelligence chief Ali Mamlouk, who is wanted in Lebanon over two bombings in 2012 in the northern city of Tripoli that killed dozens, was allegedly brought to Lebanon by the Hezbollah militant group and was staying in a southern suburb of Beirut where the group has deep support. Lebanon’s Interior Minister Bassam Mawlawi, whose ministry is in charge of border crossings, told reporters Tuesday that no person who is wanted in Lebanon entered the country through legal border crossings. There are dozens of illegal border crossings between Lebanon and Syria where people are usually smuggled in and out of Lebanon, but it was not possible to independently confirm whether Mamlouk had entered Lebanon. GENEVA — The United Nations says humanitarian operations in two major areas in northwestern Syria have resumed, deploying food, medical supplies, fuel and other needed services and supplies. Spokesman Jens Laerke of the U.N. Office for the Coordination of Humanitarian Affairs reported that some health facilities were “overwhelmed” – in part due to staff shortages – and many border crossings have been closed, disrupting supply chains. OCHA said humanitarian operations in some parts of northwestern Syria were put on hold in the early days of the recent escalation, and resumed on Monday. “As of yesterday, all humanitarian organizations in Idlib and northern Aleppo have resumed operations,” Laerke told reporters at a U.N. briefing in Geneva. He said the three border crossings from Turkey used by the U.N. to deliver assistance into Syria remain open and “we are providing assistance in the northwest, including to those who have been newly displaced.” Even before the latest escalation, which led President Bashar Assad to flee the country, nearly 17 million people in Syria needed humanitarian assistance. More than 1 million have been displaced across Idlib, Aleppo, Hama and Homs since the escalation. JERUSALEM — Israel's Defense Minister Israel Katz said Tuesday that Israel's military destroyed Syria’s fleet overnight and intends to establish a demilitarized zone “in southern Syria” to prevent attacks on Israel. He also issued a warning to Syria’s rebels, saying that “whoever follows Assad’s path will end up like Assad — we will not allow an extremist Islamic terrorist entity to act against Israel across its border while putting its citizens at risk.” Speaking at a naval base in Haifa, Katz said the Israeli navy “operated last night to destroy the Syrian fleet and with great success.” Video showing the smoking wreckage of what appeared to be small Syrian naval ships in the port at Latakia was broadcast by Saudi-owned television station Al-Hadath on Tuesday. The Britain-based Syrian Observatory for Human Rights, which has closely tracked the conflict since the civil war erupted in 2011, said Israel targeted Syrian warships, military warehouses and an air-defense facility on the coast. Katz added that he had instructed the army to establish a “defense zone free of weapons and terrorist threats in southern Syria, without a permanent Israeli presence, in order to prevent terrorism in Syria from taking root and organizing.” It was unclear if the demilitarized zone would reach beyond the buffer zone that Israel has taken over in the border area. Israel has a long history of seizing territory during wars with its neighbors and occupying it indefinitely , citing security concerns. Israel captured the Golan Heights from Syria in the 1967 Mideast war and annexed it in a move not recognized internationally, except by the United States. DAMASCUS, Syria — Members of the Syrian government under ousted President Bashar Assad will gradually transfer power to a new transitional cabinet headed by Mohammed al-Bashir. The departing government met with al-Bashir for the first time since Assad fled Damascus over the weekend. Al-Bashir had previously led the “salvation government” running the rebel stronghold in northwest Syria. Al-Bashir told reporters after the meeting that the ministers discussed transferring the portfolios to the interim government during the transitional period until the beginning of March. He said that in the coming days the new government will decide on each ministry. DAMASCUS, Syria — Banks and shops are reopening in Damascus after the chaos and confusion of the first two days following the ouster of President Bashar Assad. Sadi Ahmad, manager of Syria Gulf Bank, said life is returning to normal. A customer who came to withdraw money from an ATM was surprised to see it functioning. At the historic Hamadiyeh market, fighters who seized power were still standing guard but shops had reopened — even an ice cream stand. Resident Maysoun Al-Qurabi said she was initially “against what happened,” referring to the insurgency, but changed her mind after seeing footage of rebels releasing inmates from the notorious Saydnaya prison. “People are at ease and secure now,” she said. “Before, people were hungry and scared.” DAMASCUS, Syria — Minority Christians in Syria have been living in a state of uneasy anticipation since insurgents headed by the Islamic militant group Hayat Tahrir Al-Sham took control after ousting President Bashar Assad. Mazen Kalash, a resident of Bab Touma, a Christian neighborhood in Damascus, said he wants to know the plans of the new government that will be formed by the rebels. “The important thing is to feel safe, bring order, law and respect to the citizens,” he said. “We need to be able to work whatever we want and do whatever we want without any interference from anyone.” The insurgents have so far attempted to reassure minorities that they will be protected. Large numbers of Syrian Christians, who made up 10% of the population, fled after the civil war erupted in 2011. Many of those who stayed supported Assad out of fear they might be targeted by Islamist insurgents. TEL AVIV, Israel — Israeli Prime Minister Benjamin Netanyahu lashed out at media during testimony at his corruption trial, which involves media moguls. “There has never been such a biased media in any democracy ... as there is in Israel,” Netanyahu told the court, describing his testy relationship with the press. He is accused of exchanging regulatory favors with media bosses for more positive coverage of himself and his family. He has denied wrongdoing. GENEVA — The U.N. envoy for Syria says armed groups that drove out President Bashar Assad have “been sending good messages” about national unity and inclusiveness but acknowledges that a Security Council resolution still counts the leading one as a terrorist group. With Syria’s future and stability still very much in flux since Assad’s departure over the weekend, Geir Pedersen suggested that the international community needs to help the country get through this turbulent moment. “We are still in what I would call a very fluid period. Things are not settled,” Pedersen told reporters at U.N. offices in Geneva on Tuesday. “There is a real opportunity for change, but this opportunity needs to be grasped by the Syrians themselves and supported by the U.N. and the international community.” Referring to Israeli military strikes in Syria, Pedersen said it was “extremely important that we now don’t see any action from any international country that destroys the possibility for this transformation in Syria to take place.” The insurgents are led by Hayat Tahrir al-Sham, or HTS, which grew out of an al-Qaida-affiliate called the Nusra Front that the Security Council listed as a terror group in a 2015 resolution. “This is obviously a complicating factor for all of us,” Pedersen said. “But we also have to be honest, we have to look at the facts and to see what has happened during the last nine years.” “The reality so far is that the HTS and also the other armed groups have been sending good messages to the Syrian people,” he said. “They have been sending messages of unity, of inclusiveness, and frankly speaking, also, we have seen in (the captured cities of) Aleppo and in Hama ... reassuring things on the ground." Ahmad al-Sharaa, previously known by his nom de guerre Abu Mohammed al-Golani, the leader of the insurgency and the founder of both groups Nusra and HTS, cut ties with al-Qaida in 2016 and says he is committed to pluralism and religious tolerance. ANKARA, Turkey — Turkey has “strongly” condemned Israel’s advance into Syrian territory, saying it was in violation of a 1974 agreement on a buffer zone inside Syria. “We strongly condemn Israel’s violation of the 1974 Separation of Forces Agreement, its entry into the separation zone between Israel and Syria, and its advance into Syrian territory,” Turkey’s Foreign Ministry said in a statement. The ministry accused Israel of “displaying a mentality of an occupier” at a time when the possibility of peace and stability had emerged in Syria. The statement also reiterated Turkey’s support to Syria’s “sovereignty, political unity, and territorial integrity.” Israeli troops on Sunday entered the buffer zone that had been established after the 1973 Mideast war and the military said it would deploy in “several other places necessary for (Israel’s’) defense.” TEL AVIV, Israel — Prime Minister Benjamin Netanyahu says he works 17 to 18 hours a day and that he is engulfed in meetings, especially during the past year that Israel has been fighting wars. Netanyahu was testifying in his long-running corruption trial. He has denied charges of fraud, breach of trust and accepting bribes in three separate cases. “If only I could steal away five minutes to enjoy some time with my wife,” he told the court Tuesday. TEL AVIV, Israel — An Israeli military official says troops plan to seize a buffer zone inside Syria as well as “a few more points that have strategic meaning.” The official spoke Tuesday on condition of anonymity in line with regulations. The official dismissed reports of a larger Israeli invasion as “rumors.” Prime Minister Benjamin Netanyahu said Sunday that Israeli forces were moving to control a roughly 400-square-kilometer (155-square-mile) demilitarized buffer zone in Syrian territory. The buffer zone between Syria and the Israeli-controlled Golan Heights was created by the U.N. after the 1973 Mideast war. Following the overthrow of President Bashar Assad, Israel sent troops into the buffer zone. It said the move was temporary and was aimed at preventing attacks. It said the 1974 agreement establishing the zone had collapsed and that Syrian troops had withdrawn from their positions. Israel has also carried out airstrikes across Syria in recent days targeting what it says are suspected chemical weapons and long-range rockets. Egypt and Saudi Arabia have condemned Israel’s incursion, accusing it of exploiting the disarray in Syria and violating international law. Israel captured the Golan Heights from Syria in the 1967 Mideast war and annexed it in a move not recognized by the international community, except for the United States. The rest of the world views the strategic plateau as occupied Syrian territory. — By Joseph Krauss DAMASCUS, Syria — Israel’s air force has carried out hundreds of airstrikes in different parts of Syria as its ground forces move north of the Golan Heights along the border with Lebanon, according to an opposition war monitor. The Britain-based Syrian Observatory for Human Rights said Tuesday that since the fall of President Bashar Assad’s government, Israel’s air force has carried out more than 300 airstrikes against research centers, arms depots and military infrastructure across Syria, as well as a naval base along the Mediterranean coast. Associated Press journalists in Damascus witnessed intense airstrikes on the city and its suburbs overnight into Tuesday morning. Photographs posted online by activists showed destroyed missile launchers, helicopters and warplanes. Meanwhile, Israeli troops marched along the border with Lebanon and now control a long stretch on the Syrian side facing Lebanon’s Rashaya region, according to the war monitor's head, Rami Abdurrahman, and the Beirut-based Al-Mayadeen TV, which has reporters in Syria. Israeli troops are now about 25 kilometers (15 miles) southwest of Damascus, according to the monitor. DUBAI, United Arab Emirates — Saudi Arabia has condemned Israel’s incursion into a buffer zone in Syria and a wave of Israeli airstrikes launched after the overthrow of President Bashar Assad. The Saudi Foreign Ministry said in a statement Tuesday that “the assaults carried out by the Israeli occupation government, including the seizure of the buffer zone in the Golan Heights, and the targeting of Syrian territory confirm Israel’s continued violation of the principles of international law and its determination to sabotage Syria’s chances of restoring its security, stability and territorial integrity.” Israel sent troops into a buffer zone inside Syria that had been established after the 1973 Mideast war. It said the move was temporary and was taken to prevent any cross-border attacks after Syrian troops withdrew. Israel has also carried out heavy airstrikes that it says are aimed at preventing suspected chemical weapons and long-range rockets from falling into the hands of extremists. Saudi Arabia has been in talks with the United States in recent years over normalizing relations with Israel in exchange for a U.S. defense pact, American assistance in establishing a civilian nuclear program and a pathway to the establishment of a Palestinian state. But the kingdom has also repeatedly condemned Israel’s actions in the Gaza Strip, where it is at war with the Hamas militant group. Last month, Saudi Arabia’s crown prince and day-to-day ruler Mohammed bin Salman accused Israel of committing genocide in Gaza , allegations Israel adamantly rejects.CLEVELAND (AP) — Germain Ifedi became the fourth left tackle to start this season for the Cleveland Browns, lining up Thursday night against the AFC North-leading Pittsburgh Steelers. Ifedi moved up the depth chart and into the lineup after starter Dawand Jones broke his left leg last week at New Orleans and had surgery. He'll be responsible for blocking quarterback Jameis Winston's blindside. Jedrick Wills Jr., who had lost his starting job to Jones, figured to start against the Steelers (8-2), but was ruled out Wednesday with a knee injury that has bothered him for weeks. A first-round pick in 2020, Wills recently caused a stir by saying he made a “business decision” to sit out a game on Oct. 27 against Baltimore because of his knee. Coach Kevin Stefanski said Wills used a “poor choice of words.” James Hudson started Cleveland's first two games at left tackle while the Browns (2-8) waited for Wills to recover from knee surgery in December. The first-place Steelers were without outside linebacker/edge rusher Alex Highsmith, who missed his second straight game with an ankle injury. AP NFL: https://apnews.com/hub/nfl

Amazon’s Big AI Play! Stocks Surge Amid Bold Developments.If New Yorker Caroline Colvin can make it here, she’ll make it anywhere — her full-time job in Baltimore, for example. Unlike countless 9-to-5ers commuting from small hometowns into big cities for big checks, this Gen Z gal is doing things backwards. “I’m a reverse super-commuter,” Midtown resident Colvin, 23, told The Post. “I live in New York City, which is an expensive, high cost-of-living city,” she explained. “And I work in Baltimore, which is less expensive and has a lower cost-of-living.” “I’m definitely paying more on bills and rent, added Colvin, a social media manager for the Peabody Institute of Johns Hopkins University, where she commutes multiple times per week, she said. “And I’m receiving a slightly lower paycheck.” It’s a topsy-turvy twist on the super-commuting trend — a movement made popular by non-New Yorkers who don’t mind taking massive treks into the office. Kaitlin Jay, an Upper West Side hairdresser living in North Carolina, previously told The Post that making the 600-mile, bi-weekly hike from Charlotte to Manhattan by plane gives her “the best of both worlds.” “I love what I do in New York and I love life in Charlotte,” said Jay, 30, who said she spends about $1,000 for airfare to-and-fro. “I’m coming out ahead.” Grace Chang hoofs it from Arlington, Virginia, to her job in Hell’s Kitchen twice a week. But the millennial financial analyst insists that the hellish 500-mile journey, which costs about $1,000 each month, is well-worth the hassle. “I’ve always dreamed of working in New York,” Chang, 28, told The Post . “But there are definitely some weeks when I’m, like, ‘Why am I doing this?’” Colvin, who told The Post she shells out around $500 a month to travel between the Big Apple and Charm City on Amtrak — a six-hour roundtrip spanning nearly 400 miles — is doing it for love. “My fiancé, Kale, works in finance and got an opportunity in New York,” said the go-getter, who doubles as a theatre actress. She made her NYC debut in June, starring in the New York Theater Festival production of “Amity.” “I perform and he’s in finance,” said Colvin. She and Kale relocated form Maryland to Manhattan in January. “Moving here just made sense for both of our professional pursuits.” To save money, she bunks with her parents in Maryland while in town, she said. And while schlepping back and forth for less pay might not make sense to most, Colvin says she wouldn’t have it any other way. “I love my [social media management] job and I love being in the city,” said Colvin. “And the job market is hard right now.” “Maybe I’m not making as much money as I would if I were working and living in the same place,” she conceded. “But having a job I enjoy is definitely something I’m thankful for in 2024.”A look back at 2024 in photosNEW YORK , Dec. 10, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock and those who purchased Chipotle call options or sold put options of Chipotle Mexican Grill, Inc. (NYSE: CMG) between February 8, 2024 and October 29, 2024 , both dates inclusive (the "Class Period"), of the important January 10, 2025 lead plaintiff deadline in the securities class action first filed by the Firm. So what: If you purchased Chipotle securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do next: To join the Chipotle class action, go to https://rosenlegal.com/submit-form/?case_id=30587 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 10, 2025 . A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Details of the case: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Chipotle's portion sizes were inconsistent and left many customers dissatisfied with the Company's offerings; (2) in order to address the issue and retain customer loyalty, Chipotle would have to ensure more generous portion sizes, which would increase cost of sales; and (3) as a result, defendants' statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Chipotle class action, go to https://rosenlegal.com/submit-form/?case_id=30587 https://rosenlegal.com/submit-form/?case_id=28116 call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm . Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40 th Floor New York , NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com View original content to download multimedia: https://www.prnewswire.com/news-releases/cmg-investors-have-opportunity-to-lead-chipotle-mexican-grill-inc-securities-fraud-lawsuit-filed-by-the-rosen-law-firm-302327953.html SOURCE THE ROSEN LAW FIRM, P. A.

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