
QFFD reaffirms commitment to sustainable development at Doha Forum( ) is one of the world’s biggest dairy product producers and is a top Canadian stock in its own right. The company has seen relatively frequent ups and downs in dairy prices and various supply chain disruptions affecting its stock price. One look at the chart below highlights these trends. However, with Saputo stock now trading near the lower end of what appears to be a rather consistent longer-term band, the question many investors have is whether this stock can bounce back from here toward the $35-per-share level. Let’s dive into where this stock could be headed over the near to medium term. Near-term outlook Saputo’s business model is relatively straightforward, with the dairy producer’s portfolio comprised of cheese, fluid milk, flavoured milk, dairy ingredients, extended shelf-life milk, cultured products, functional dairy blends, dairy ingredients, and cream products. The company operates facilities in Australia, Canada, and the U.S. Saputo’s recent first-quarter (Q1) results showed revenue growth of 9.5% and net earnings, which remained stable at $0.33 per share. Thus, margins continue to be under pressure, and the company’s stock price has clearly reflected the market’s concern on this front. That said, earnings before interest, taxes, depreciation, and amortization growth has been positive, up around 5.8% on a year-over-year basis, and leading some investors to consider this stock as a potential defensive play, given how insulted the Canadian dairy sector is. If the economy continues to churn along (pun intended) in the coming years, this is certainly a stock I think can head toward the higher end of its historical trading band, though risks do exist. Medium-term outlook Over the next five years, I’m less optimistic about Saputo’s prospects. The dairy sector is noted for its high levels of competition. And while Saputo may be relatively insulated in the Canadian market, the company’s international sales could be impacted by any sort of global economic downturn. We haven’t seen a recession in some time, and while that may not be the consensus projection of most analysts out there, this is a stock I’d be wary of moving forward. Additionally, increased tariffs from the U.S. and isolationist policies could impact Saputo’s business in this key market. I’m of the view Saputo is a stock that investors can hold for the very long term (more than five years), but anything can happen over the coming years. However, near its lower historical stock price range, this stock does look relatively attractive at current levels. And with a dividend yield of 2.9%, there is an argument to be patient and wait for a rebound while holding onto this .LA Galaxy win record 6th MLS Cup
The Kremlin fired a new intermediate-range ballistic missile at Ukraine on Thursday in response to Kyiv's use this week of American and British missiles capable of striking deeper into Russia, President Vladimir Putin said. In a televised address to the country, the Russian president warned that U.S. air defense systems would be powerless to stop the new missile, which he said flies at ten times the speed of sound and which he called the Oreshnik — Russian for hazelnut tree. He also said it could be used to attack any Ukrainian ally whose missiles are used to attack Russia. “We believe that we have the right to use our weapons against military facilities of the countries that allow to use their weapons against our facilities,” Putin said in his first comments since President Joe Biden gave Ukraine the green light this month to use U.S. ATACMS missiles to strike at limited targets inside Russia. Pentagon deputy press secretary Sabrina Singh confirmed that Russia’s missile was a new, experimental type of intermediate range missile based on it’s RS-26 Rubezh intercontinental ballistic missile. “This was new type of lethal capability that was deployed on the battlefield, so that was certainly of concern," Singh said, noting that the missile could carry either conventional or nuclear warheads. The U.S. was notified ahead of the launch through nuclear risk reduction channels, she said. The attack on the central Ukrainian city of Dnipro came in response to Kyiv's use of longer-range U.S. and British missiles in strikes Tuesday and Wednesday on southern Russia, Putin said. Those strikes caused a fire at an ammunition depot in Russia's Bryansk region and killed and wounded some security services personnel in the Kursk region, he said. “In the event of an escalation of aggressive actions, we will respond decisively and in kind,” the Russian president said, adding that Western leaders who are hatching plans to use their forces against Moscow should “seriously think about this.” Putin said the Oreshnik fired Thursday struck a well-known missile factory in Dnipro. He also said Russia would issue advance warnings if it launches more strikes with the Oreshnik against Ukraine to allow civilians to evacuate to safety — something Moscow hasn’t done before previous aerial attacks. Kremlin spokesman Dmitry Peskov initially said Russia hadn’t warned the U.S. about the coming launch of the new missile, noting that it wasn't obligated to do so. But he later changed tack and said Moscow did issue a warning 30 minutes before the launch. Putin's announcement came hours after Ukraine claimed that Russia had used an intercontinental ballistic missile in the Dnipro attack, which wounded two people and damaged an industrial facility and rehabilitation center for people with disabilities, according to local officials. But American officials said an initial U.S. assessment indicated the strike was carried out with an intermediate-range ballistic missile. Ukrainian President Volodymyr Zelenskyy said in a Telegram post that the use of the missile was an "obvious and serious escalation in the scale and brutality of this war, a cynical violation of the UN Charter.” He also said there had been “no strong global reaction” to the use of the missile, which he said could threaten other countries. “Putin is very sensitive to this. He is testing you, dear partners,” Zelenskyy wrote. “If there is no tough response to Russia’s actions, it means they see that such actions are possible.” The attack comes during a week of escalating tensions , as the U.S. eased restrictions on Ukraine's use of American-made longer-range missiles inside Russia and Putin lowered the threshold for launching nuclear weapons. The Ukrainian air force said in a statement that the Dnipro attack was launched from Russia’s Astrakhan region, on the Caspian Sea. “Today, our crazy neighbor once again showed what he really is,” Zelenskyy said hours before Putin's address. “And how afraid he is.” Russia was sending a message by attacking Ukraine with an intermediate-range ballistic missile capable of releasing multiple warheads at extremely high speeds, even if they are less accurate than cruise missiles or short-range ballistic missiles, said Matthew Savill, director of military sciences at the Royal United Services Institute, a London-based think tank. “Why might you use it therefore?” Savill said. "Signaling — signaling to the Ukrainians. We’ve got stuff that outrages you. But really signaling to the West ‘We’re happy to enter into a competition around intermediate range ballistic missiles. P.S.: These could be nuclear tipped. Do you really want to take that risk?’” Military experts say that modern ICBMs and IRBMs are extremely difficult to intercept, although Ukraine has previously claimed to have stopped some other weapons that Russia described as “unstoppable,” including the air-launched Kinzhal hypersonic missile. David Albright, of the Washington-based think tank the Institute for Science and International Security, said he was “skeptical” of Putin’s claim, adding that Russian technology sometimes “falls short.” He suggested Putin was “taunting the West to try to shoot it down ... like a braggart boasting, taunting his enemy.” Earlier this week, the Biden administration authorized Ukraine to use the U.S.-supplied, longer-range missiles to strike deeper inside Russia — a move that drew an angry response from Moscow. Days later, Ukraine fired several of the missiles into Russia, according to the Kremlin. The same day, Putin signed a new doctrine that allows for a potential nuclear response even to a conventional attack on Russia by any nation that is supported by a nuclear power. The doctrine is formulated broadly to avoid a firm commitment to use nuclear weapons. In response, Western countries, including the U.S., said Russia has used irresponsible nuclear rhetoric and behavior throughout the war to intimidate Ukraine and other nations. White House press secretary Karine Jean-Pierre said Thursday that Russia’s formal lowering of the threshold for nuclear weapons use did not prompt any changes in U.S. doctrine. She pushed back on concerns that the decision to allow Ukraine to use Western missiles to strike deeper inside Russia might escalate the war. ′′They’re the ones who are escalating this,” she said of the Kremlin — in part because of a flood of North Korean troops sent to the region. More than 1,000 days into war , Russia has the upper hand, with its larger army advancing in Donetsk and Ukrainian civilians suffering from relentless drone and missile strikes. Analysts and observers say the loosening of restrictions on Ukraine's use of Western missiles is unlikely to change the the course of the war, but it puts the Russian army in a more vulnerable position and could complicate the logistics that are crucial in warfare. Putin has also warned that the move would mean that Russia and NATO are at war. “It is an important move and it pulls against, undermines the narrative that Putin had been trying to establish that it was fine for Russia to rain down Iranian drones and North Korean missiles on Ukraine but a reckless escalation for Ukraine to use Western-supplied weapons at legitimate targets in Russia,” said Peter Ricketts, a former U.K. national security adviser who now sits in the House of Lords. ___ Associated Press writers Jill Lawless and Emma Burrows in London, and Zeke Miller and Lolita C. Baldor in Washington contributed to this report. ___ Follow AP’s coverage of the war in Ukraine at https://apnews.com/hub/russia-ukraineBritain is in danger of abandoning a generation of boys to a life without hope with “destructive” consequences for the nation, leading campaigners have warned. It is feared the UK will face more riots and even higher prison numbers if the country’s crisis of “lost boys” spirals further out of control. There is alarm that Britain is storing up problems for the future if it turns a blind eye to boys’ educational failings and young men’s high suicide and imprisonment rates. Former England rugby captain Lawrence Dallaglio called for society to stop treating boys and young men as the “lowest of the low”. He is fed up seeing youths “on the employment scrapheap and filling up our prisons”. Declaring that “enough is enough”, he said: “Boys and men matter just as much as anyone else, and it’s time that we got serious about that.” The Centre for Social Justice (CSJ) is launching a major new research project on how boys can avoid disaster. Miriam Cates, a former MP and senior fellow at the CSJ who battles to protect the quality of childhood in the UK , said: “We must step in to rescue a generation of boys and men who are at risk of falling out of society at great cost to themselves and us all.” She warned that “large numbers of disenfranchised young men are always a destructive force in society” and claimed the “riots over the summer were in large part a reaction to the sharp decline in value and status felt by working-class British males”. The think tank states men have a suicide rate more than three times that of women and are much more likely to be behind bars or sleeping rough. Ninety-six percent of prisoners are men, and in London, 82% of those on the streets are male. A top concern is that boys struggle in school and get into trouble early on. They are twice as likely to face suspension and permanent exclusion than girls. There is a glaring difference in how well boys and girls perform academically. Three-quarters of girls are judged “ready to learn” at age five, but just six out of 10 boys. When it comes to post-school education, 1,279,970 women and just 882,225 men with permanent in-home in the UK enrolled on an undergraduate or postgraduate course. The CSJ is launching the Lost Boys project to identify how boys can have a better start in life. It accuses Britain’s political class of “wilful institutional neglect” towards boys and is pushing for a radical change in attitudes. Mrs Cates claims the modern focus on “fashionable identity politics” has led to the neglect of boys and men – especially if they are poor. She says that much attention has been given to the dangerous impact of social media on girls; many boys suffer from “debilitating gaming addiction” and “exposure to violent and extreme pornography from a young age”. The mother of two boys argues that the condemnation of “toxic masculinity” in schools and the media has left boys wondering if it is possible to be a “good man”. She warns that if our culture “turns traditional male attributes such as strength and risk-taking from virtue into vice,” we should “not be surprised when young men struggle to find their place in education, employment and wider society”. “Almost all of the post-pandemic increase in young people who are not in education, employment in training is driven by men – a 40% rise amongst males compared to just seven percent for females,” she said. She claims that “boys are more likely now to own a smartphone than to live with their dad” and says that they must be “taught, trained, encouraged and inspired” to “harness their natural masculine tendencies for good”. Nearly one in four pupils in England qualifies for free school meals – a key indicator that children may be at risk of deprivation. This is the equivalent of around one million boys. The latest figures show that just 33.5% of “white British” boys on free school meals gained a grade four or above in English and mathematics at GCSE in 2022-23. This compares with 57.3% of boys from a “Black African” background who also qualified for free school meals and 67% of boys from an Indian background. Nick Fletcher – who has campaigned for a dedicated minister for men and is now running to be mayor of Doncaster – is in no doubt what will happen if white working-class boys continue to fall behind. He said: “All we’ll end up doing is building more prisons.” If this challenge is not addressed, he warned, more men will suffer from mental health issues and drug addiction. Labour MP Shaun Davies, who is backing the Lost Boys project, said: “The challenges facing men and boys in Britain are a cross-party issue that affect all of us and I am glad to see that serious work is happening in this space. Whether it’s education, family life, crime or health, boys are faced with increasingly poor outcomes.” Former education minister Robert Halfon is concerned about the plight of both white boys and girls from disadvantaged backgrounds and wants this to be one of the top priorities for the Government. He said: “At every stage, right from early years to university, the white working class are one of the most underperforming groups in the country.” Mr Halfon said this is partly because “all the investment goes into big cities whereas often these communities live in towns”. He is also concerned that talk of “white privilege” can have a harmful effect. “If you tell people from disadvantaged backgrounds they are privileged, you are just perpetuating angst and resentment, and it doesn’t help at all,” he said. Mr Halfon wants extra funding for “outstanding teachers and mentors in those disadvantaged areas”. When chair of the education committee, Mr Halfon led an investigation into the struggles of white pupils from poorer backgrounds. It found just 16 per cent of white pupils who were eligible for free school meals had started higher education by age 19 in 2018-19 – the lowest of any ethnic group other than those of Irish traveller or Gypsy/Roma heritage. This is compared with 72.8% of children from a Chinese background who qualified for free school meals. A spokeswoman for the Department for Education said: “Our Plan for Change sets out our clear mission to give every child the best start in life, breaking the link between background and success. “We know there are baked-in inequalities that remain in our education system, which is why we are taking swift action to break down barriers to opportunity. “This government will drive high and rising standards in schools by recruiting 6,500 new teachers, rolling out career advice, guaranteeing work experience, improving mental health support, reforming the SEND system and delivering a cutting-edge curriculum to set young people up for life, work and the future.” The Samaritans can be reached round the clock, 24 hours a day, 365 days a year. If you need a response immediately, it’s best to call them on the phone. You can reach them by calling 116 123, by emailing jo@samaritans.org or by visiting www.samaritans.org .‘YOU’RE PART OF THE PROBLEM’: Bill Maher blasts Neil deGrasse Tyson in trans debate
Nokia Corporation: Repurchase of own shares on 21.11.2024By Hyunjoo Jin SEOUL (Reuters) -South Korean prosecutors on Sunday questioned ex-Defence Minister Kim Yong-hyun over his alleged role in President Yoon Suk Yeol's declaration of martial law on Tuesday, Yonhap News Agency said. Kim voluntarily appeared at the Seoul Central District Prosecutors' Office for questioning at around 1:30 a.m. on Sunday (1630 GMT on Saturday), the report said. The office was not immediately available for comments. Kim, who offered his resignation on Wednesday, was seen as a central figure in Tuesday's brief martial law declaration. A senior military official and filings to impeach Yoon by opposition members said Kim had made the proposal to Yoon. Yoon survived an impeachment vote in parliament on Saturday, prompted by his short-lived attempt to impose martial law, but the leader of his own party said the president would eventually have to step down. Three minority opposition parties filed a complaint with the prosecution against Yoon, Kim and martial law commander Park An-su, accusing them of treason. Kim faces a travel ban as prosecutors investigate, Yonhap said. The national police are also investigating claims of treason against Yoon and top ministers. Yoon shocked the nation on Tuesday night when he gave the military sweeping emergency powers to root out what he called "anti-state forces" and obstructionist political opponents. He rescinded the order six hours later, after parliament defied military and police cordons to vote unanimously against the decree. Yoon's martial law declaration plunged South Korea, Asia's fourth-largest economy and a key U.S. military ally, into its greatest political crisis in decades, threatening to shatter the country's reputation as a democratic success story. (Reporting by Hyunjoo Jin; Editing by Sandra Maler)Ola Electric to lay off 500 staff in restructuring driveBitcoin’s $100,000 moment will be a perfect storm
NoneCARSON, Calif. — The LA Galaxy finished 26th in the 29-team Major League Soccer standings just one season ago, and their biggest supporters boycotted certain matches to protest a decade of poor performance. The most successful club in league history seemed light years away from its luminous prime. When the Galaxy raised the MLS Cup again Saturday amid confetti and fireworks, their spectacular transformation was complete. In only one year, a team that was profoundly lost had rediscovered its peerless championship pedigree. "We won this trophy, and it's finally back where it belongs," striker Dejan Joveljic said. Joseph Paintsil and Joveljic scored in the first half, and the Galaxy won their record sixth MLS Cup championship with a 2-1 victory over the New York Red Bulls. After striking twice in the first 13 minutes of the final, the Galaxy nursed their lead through a scoreless second half to raise their league's biggest trophy for the first time since 2014. MLS' most successful franchise struggled through most of the ensuing years, but everything changed after LA spent smartly in the offseason to build a high-scoring new lineup topped by Paintsil, Joveljic and Gabriel Pec. The Galaxy finished second in the Western Conference and streaked through the postseason with an MLS playoff-record 18 goals in five games to win another crown. "I'm just so proud of this group after the challenges that we (had) and the way they bounced back and competed as a group," Galaxy coach Greg Vanney said. "We spent a lot of energy at the start, but I'm just so proud of these guys. They've cemented themselves as legends in this club." The Galaxy even won this title without perhaps their most important player. Riqui Puig, the playmaking midfielder from Barcelona who ran their offense impressively all season long, tore a ligament in his knee last week in the conference final. Puig watched this game in a suit, but the Catalan catalyst's teammates hadn't forgotten him: After his replacement, Gastón Brugman, set up LA's opening goal with a superb pass in the ninth minute, Paintsil held up Puig's jersey to their roaring fans during the celebration. "I was really waiting for this moment," said Paintsil, who scored his 14th goal of an impressive season. "I'm much more, 10 times faster than them, and Gaston saw the space. ... It was really a good thing. We did it for Riqui, and we did it for our family that came, and our supporters." Just four minutes later, Joveljic sprinted past four New York defenders and chipped home his 21st goal. Brugman was named the MLS Cup MVP after a commanding performance in midfield. The Uruguayan hadn't started a match for the Galaxy since Oct. 5 after an injury-slowed season, playing only as a postseason substitute before the final. "I dreamed of that yesterday, of something I could give to the team," Brugman said of his pass to Paintsil. "Today, it happened." Sean Nealis scored for the seventh-seeded Red Bulls, whose improbable postseason charge ended one win shy of their first Cup championship. With the league's youngest roster, New York fell just short of becoming the lowest-seeded team to win the tournament under first-year German coach Sandro Schwarz. "I love these guys," Schwarz said. "Some guys, they are crying. In the big picture, that's a start. Sometimes when you lose the final, it's tough, but you use this experience to create the next energy, the next intensity." Galaxy goalkeeper John McCarthy made four saves to win his second MLS title in three seasons, but Nealis beat the 2022 MLS Cup MVP in the 28th minute when he volleyed from the penalty area. The second half was lively: Red Bulls captain Emil Forsberg hit the outside of the post in the 72nd minute, while Pec and Galaxy substitute Marco Reus nearly converted chances a few moments later. The ball got loose in the Galaxy's penalty area in the third minute of extra time, but two Red Bulls couldn't finish. After Galaxy owner Phil Anschutz received the MLS Cup that bears his name because of his steady financial support of the league during its shaky years, Galaxy captain Maya Yoshida carried the trophy to his teammates for the celebration. The Galaxy extended their lead over DC United (4) for the most MLS Cup championships in league history. The Red Bulls remain one of three original MLS franchises never to win the title, along with FC Dallas and the New England Revolution. The Galaxy finished 17-0-3 this season at their frequently renamed suburban stadium, where the sellout crowd of 26,812 for the final included several robust cheering sections of Red Bulls supporters hoping to see their New Jersey-based club's breakthrough. But this season was about the Galaxy's rebirth. The club famous for employing global stars from David Beckham and Zlatan Ibrahimovic to Robbie Keane and Javier "Chicharito" Hernández swiftly turned itself into a contender again by acquiring young talents without international fame. The Galaxy signed Pec from Brazil and grabbed Paintsil, a Ghanaian playing in Belgium. The duo combined with Joveljic to form a potent attack with orchestration from Puig, one of MLS' best players. "Losing a guy like Riqui after the performance he put in all season was devastating," McCarthy said. "Even if he wasn't on the field, we did it for him." 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Shohei Ohtani likely to win his third MVP award and Aaron Judge his second NEW YORK (AP) — Shohei Ohtani is expected to win his third Most Valuable Player Award and first in the National League, and Aaron Judge is likely to earn his second AL honor when the Baseball Writers’ Association announces its balloting. Ohtani was unanimously voted the AL MVP in 2021 and 2023 as a two-way star for the Los Angeles Angels. He signed a record $700 million, 10-year contract with the Los Angeles Dodgers last December. Ohtani hit .310, stole 59 bases and led the NL with 54 homers and 130 RBIs, becoming the first player with 50 or more homers and 50 or more stolen bases in a season. He helped the Dodgers to the World Series title. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.