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2025-01-24
Is he serious? Trump stirs unease with Panama, Greenland ploysace super 41

Casey's: Fiscal Q2 Earnings Snapshot

Prime Minister Paetongtarn Shinawatra's public address today, outlining her government's achievements over the past three months, appears to be a move to shore up a faltering communication strategy after a series of recent missteps. The question is whether such a one-way presentation will achieve its purpose. The national briefing, entitled "2025 Empowering Thais: A Real Possibility", is promoted as a major event, to be attended by around 500 high-level officials including cabinet ministers, heads of government agencies and armed forces leaders. It will also be broadcast live on the state-run NBT2HD TV and its social media channels. If this all sounds familiar, it probably is. In September, during her policy address to parliament, Ms Paetongtarn laid out a 10-point plan to "empower" Thais. The plan focuses on creating economic opportunities and tackling challenges, including soaring household debt, the narcotics crisis, technological disruption, and an ageing population. The proposed initiatives include comprehensive debt restructuring and measures to reduce energy prices and utility fees. The PM also pledged to promote precision agriculture and food technology to increase farmers' incomes, supporting the government's "Thai Kitchen to the World" vision. Additionally, she vowed to eradicate drugs and combat online crime, especially the growing menace of call-centre scams. Ms Paetongtarn can keep reciting these plans and showcasing what she believes to be her government's achievements, but such self-promotion is unlikely to increase public confidence in her administration. A more detailed and multi-pronged communication strategy is needed to keep the public informed and engaged about what the government is doing and the obstacles it faces. The current reactive approach -- where the PM and ministers merely respond to questions of the day -- has failed to provide a comprehensive picture of the government's performance. Worse still, it has yet to engage the public meaningfully beyond fuelling political debates and deepening divisions. Recent communication controversies -- such as the PM's remark about her husband being a Southerner when questioned about the Southern floods or the perceived policy inconsistency regarding a VAT hike -- are glaring examples of the government's incoherent communication strategy. A more professional communication team would have prepared how to handle such a crucial and sensitive issue as the VAT hike before announcing it to the public -- if the issue is indeed under consideration. The spectacle of the finance minister floating the VAT hike idea only to have the PM dismiss it shortly afterwards is embarrassing and raises doubts about the administration's competence and coordination. The same is true of the PM's reply about her personal life when asked about the flooding disaster in the South. If her communication team were doing its job correctly, the press should have received regular, timely, and relevant updates about the flooding and other important issues, thus eliminating the need for ambush questions. Ultimately, Ms Paetongtarn's resorting to the TV address for policy updates underscores how her team is out of step with the demands of modern government communication. The PM needs to overhaul her communication team to stay relevant and effective in fostering public understanding of the government's work.

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AP News Summary at 5:39 p.m. EST

( ) has long been considered a stable choice for investors seeking exposure to the consumer staples sector. But with periods of stagnation in the past, you may wonder: Is Loblaw stock a buy now? To answer that, let’s dive into its performance history, growth prospects, and valuation to help you make an informed decision. A history of period gains and setbacks Loblaw’s stock performance has been anything but smooth, with notable periods of stagnation. From 2015 to 2018, the stock saw a modest increase of just $10 per share. During this period, its annualized return was about 6.2%, which, while higher than the long-term inflation rate of 2-3%, was far from being an outperformer. From early 2019 to the end of 2020, the stock barely moved, rising by only $2 per share, resulting in a compound annual growth rate (CAGR) of around 3.7%. This return barely beat inflation and showed limited momentum. However, Loblaw stock experienced a major surge from early 2021 to 2022, climbing by an impressive 91%. This rise was likely driven by high inflation and the resulting consumer demand for essential goods. From mid-April 2022 through mid-December 2023, the stock once again traded sideways, with only a modest 3% annualized return. In the past year, had another leg-up, posting a 52% rise in stock value. So, while the stock tends to experience periods of stagnation, these are often followed by significant growth spurts, making it a potential buy for long-term investors when it stagnates. Strong long-term performance Looking at Loblaw’s performance over the last decade, long-term investors have seen total returns of approximately 335%. This translates into annualized returns of 15.8%, a solid rate of return by most standards, and significantly outperforming the that returned 8.9% annually in the period. A key driver of this success has been the company’s persistent earnings growth. Over the past 10 years, Loblaw has increased its adjusted earnings per share (EPS) by 11.5% per year. Additionally, the stock’s price-to-earnings (P/E) ratio also expanded, contributing to its overall gains. In the beginning, Loblaw traded at a P/E ratio of about 15.6; today, it stands at roughly 22. A defensive, growing business As Canada’s largest grocery retailer, Loblaw remains a cornerstone of the country’s consumer landscape. Its portfolio of brands, including Superstore, T&T, No Frills, Independent, and Shoppers Drug Mart, attracts over 15 million Canadian families each week. The company continues to grow by expanding its store count, with plans to open 50 new stores this year and even more next year. Given its defensive business model — serving essential needs like food and pharmacy — Loblaw stock is a reliable long-term investment. The stability of its operations, combined with steady expansion, positions it well for continued success. The Foolish investor takeaway: Is it a buy now? At its current price of around $190 per share, Loblaw stock is fully valued. For those looking to buy, it’s alright to start building a position. However, if the stock experiences a period of sideways movement again or even dips, that could be an ideal opportunity to add more shares. In conclusion, Loblaw stock is a solid long-term investment with a history of persistent growth and resilience. While it’s not undervalued right now, its defensive business and expansion plans make it a worthy consideration for patient, long-term investors.Traveling this holiday season? 10 things the TSA wants you to know

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