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2025-01-25
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slots club casino games Man who set off makeshift bomb outside Alabama attorney general's office sentenced to nine yearsEven before taking office, a second Trump administration is already moving the macro-financial needle and raising downside risks for the global economy. The degree of ultimate policy implementation is a key unknown. Our preliminary policy read on the new U.S. administration is that positive growth effects will be minimal, inflation pressures will rise, and the Fed is likely to stop cutting rates earlier. This will lead to tighter financial conditions, a stronger dollar, and a more complicated macroeconomic picture elsewhere. Owing to a “wait and see” approach, our GDP growth forecasts have not moved much since the previous publication, other than incorporating changes related to base effects. Risks include the full implementation of the proposed U.S. agenda on taxes, trade, and immigration; the end of resilient consumer spending and labor demand; and bond market stress. AI is an upside. The global macroeconomic outlook is hostage to the policy implementation of the new U.S. administration. The recent macro pattern featuring an outperforming U.S. economy continues. But potentially large changes in fiscal, trade, and immigration policy from the U.S. are significant unknowns at this juncture. Specifically, it is unclear to what extent campaign promises will translate into policy, and when. Given the size of the U.S. economy, policy action on any of these fronts can move the global needle, affecting some economies more than others. For now, S&P Global Ratings has taken a probabilistic approach and is assuming partial implementation of U.S. campaign promises. Of course, to the extent that U.S. policy actions spill over to the rest of the world, other countries may respond in kind. We plan to update our forecasts, narratives, and risks as the picture becomes clearer. Recent Macro Pattern Continues While Markets Are Moving The recent pattern of real performance in the three largest economies is carrying on. The U.S. continues to outshine its peer group. GDP rose by 2.8% year on year in the third quarter (Q3), down fractionally from the second quarter (Q2), since services spending and labor demand remain strong. The eurozone economy continues its modest rebound from a borderline recession centered on Germany. GDP growth reached 1.6% quarter on quarter in Q3, also accompanied by strong services spending and labor demand. In China, growth is running below the official 5% target for the year, reflecting the ongoing effects of the property sector overhang. The policy response remains measured and consumer confidence and spending are still weak. Inflation continues to trend toward central bank targets in the major economies, but with emerging divergence. Progress in lowering inflation has stalled in the U.S., with the most recent readings for sequential inflation moving sideways. Services inflation in particular remains persistent. A similar story prevails in Australia and to a less extent in the U.K. Canada has seen the sharpest drop in inflation, which now stands below the central bank’s target. Elsewhere, the eurozone has seen an uptick in core inflation, which is currently tracking on target. Central banks continue to reduce their policy rates, mostly gradually. The Bank of Canada was first out of the gate and leads the pack with an accumulated 125 basis points (bps) of cuts since the middle of 2024. The European Central Bank (ECB) and the U.S. Federal Reserve (Fed) have both cut rates by 75 bps to date, while the Bank of England has cut by 50 bps. The Reserve Bank of Australia is the outlier, with no cuts to date. As expected, central banks are lowering policy rates at a much slower pace than they raised them in 2022 and early 2023, with only two 50 bps cuts in this group so far. Markets have significantly increased expectations that the Fed will stop cutting rates versus only a few months ago. This is most clear in forward pricing for the October 2025 meeting of the Federal Open Market Committee. Seen through this lens, market expectations for the Fed funds rate have moved higher by about 100 bps in the past two months to 3.9% from 2.9%. The movement reflects concerns over potential inflation pressures from tariffs, tax cuts, and restrictions on labor supply (as a consequence of immigration policy changes) that would require a forceful response from the Fed. Importantly, market views of policy rates for other major central banks have not shown this pattern. For example, the gap between the expected Fed funds rate and ECB deposit rate for October 2025 has more than doubled to over 200 bps in the past two months. Roughly in parallel with Fed funds rate expectations, U.S. 10-year yields have moved higher in recent months. From a trough of about 3.8% in September, yields have climbed to almost 4.5% in late November. In addition to higher inflation pressures, higher yields at the long end also reflect expectations about the supply of Treasuries. Supply is likely to be higher, given an estimated increase in the size of fiscal deficits under the Trump administration. Again, other major economies have not seen similar movements in their longer-term government yields. The yield on 10-year German bunds has been flat over the same period. The U.S. dollar rebounded before and after the election. This was in line with interest rate market moves and continued expected outperformance of the U.S. economy. According to the benchmark DXY index, the U.S. dollar has risen 7% since late September and is near levels last seen in the early 2000s. In bilateral terms against other major currencies, the moves since late September have been broadly consistent. Higher bond yields and a stronger currency both point to tighter financial conditions in the U.S., which have historically been a strong determinant of a slower expansion of output. Our Broadly Unchanged Forecasts Have Widening Confidence Bands Our new baseline growth forecasts are broadly in line with our previous quarterly Credit Conditions Committee (CCC) forecast (see table 1). U.S. GDP growth will slow gradually to 2% or below starting next year, consistent with a soft landing, before rising back to potential. The eurozone will continue its gradual recovery in 2025 to reach its potential growth rate. China’s growth will slow toward 4% as the U.S. tariffs weaken exports and investment. Elsewhere, the picture is mixed. In the advanced economies, Japan will rebound next year and settle at about 1% growth, with the U.K. following a similar pattern toward its trend growth of 1.5%. In the major emerging markets, India retains the global growth baton, where the rate of expansion should stay just below 7% over the next few years. Elsewhere in emerging markets, Brazil and Mexico should eventually converge to about 2% growth (with Mexico having a weaker 2025), while South Africa should pick up to about 1.5% growth in the next few years. United States: Uncertainty Looms As Trump Takes Office We forecast the economy will expand 2.0% in the next two years–incorporating a partial implementation of proposed Trump policies–following 2.7% GDP growth in 2024. We expect the Fed to reduce its policy rate more gradually than considered in our September forecast update and reach an assumed neutral rate of 3.1% by fourth-quarter 2026–from fourth-quarter 2025 previously. Uncertainty around our forecasts is high given unknowns about the extent President-elect Trump’s campaign promises will materialize. Trump’s policy proposals, at face value, could result in higher inflation in the near term and lower growth in the medium to long term. And the probability of a disruption to the Fed’s easing bias over the next two years has risen. Europe: Interest Rate Cuts To Accelerate We project eurozone GDP growth of 0.8% in 2024 and 1.2% in 2025, with Germany lagging its peers and Spain continuing to outperform. Changes to our previous forecast largely reflect revisions of past data. Due to a more pronounced drop in energy prices, we expect inflation will be marginally lower in 2025 than we anticipated. A long period of very stable macroeconomic forecasts might come to an end because new leaders in the U.S., EU, and Germany may take decisions early next year on tariffs, defense, and general spending that could reshape the economic outlook. We anticipate the ECB will cut interest rates more quickly than we previously expected due to persistently weak confidence and better visibility on the disinflation trajectory. That said, we do not expect the cuts will exceed our previous forecast. We now project that the main policy rate will reach 2.5% before summer {May?) 2025, compared with our previous expectation of September 2025. For our full report on the eurozone economy, see “Next Year Will Be A Game Changer,” published Nov. 26, 2024. Asia-Pacific: Slower Global Demand Hits Growth While China’s stimulus measures should support growth, we expect its economy to be hit by U.S. trade tariffs on its exports. In all, we now project 4.1% GDP growth in 2025 and 3.8% in 2026; that’s 0.2 percentage points (ppts) and 0.7 ppt lower than our forecast in September. Asia-Pacific’s growth will be impeded by slower global demand and U.S. trade policy. But lower interest rates and inflation should ease their drag on spending power. In emerging markets, robust domestic demand growth is also buoying GDP growth. Swings in capital flows driven by shifts in expectations about U.S. interest rates and trade policies require central banks to be vigilant and cautious. In turn, we expect Asia-Pacific central banks to take their time bringing policy rates down. For our full report on the Asia-Pacific economies, see “U.S. Trade Shift Blurs The Horizon,” published Nov. 25, 2024. Emerging Markets: Trade Protectionism Adds To Risks A likely increase in protectionist trade policies among major economies will hurt GDP growth in most emerging markets in the next couple of years. However, the magnitude of the effect will depend on the details, which will become clearer in the coming months. For now, we assume only a modest increase in tit-for-tat tariffs between the U.S. and China in 2025 and no new tariffs for the rest of the world, which would produce a relatively modest net impact on GDP in most major emerging markets outside China. However, downside risks to our forecast are high, and potential tightening in financial conditions because of trade-related uncertainty adds another hazard. For our full report on the emerging market economies, see “Trade Uncertainty Threatens Growth,” published Nov. 26, 2024. Risks Shift To Near-Team U.S. Policies The main risk to our baseline is the exact policy implementation of the incoming U.S. administration on tariffs, taxes, and immigration. In our current forecast round, we have assumed only partial implementation of campaign promises. Once the new administration takes office, actual policy implementation will become clearer. Let’s look at a scenario in which the U.S. imposes a 60% tariff on all imports from China plus new tariffs on other trading partners, cuts personal and corporate taxes, and deports millions of illegal immigrants. If that happens, we anticipate lower U.S. output, higher inflation pressures, and increased volatility and rates along the yield curve. These effects will spill over to other economies–very asymmetrically–in terms of activity, trade, and key financial variables. The durability of the nexus of strong services spending and labor demand also constitutes another downside risk. While in our baseline scenario we assume continued resilience, services spending could begin to crack, given still-high interest rates and rising uncertainty about U.S. policy. Should services spending slow and labor demand begin to fall, we would likely enter into a sharp slowdown/recession scenario. Another downside risk is the end of quiescence in the U.S. bond market. While 10-year yields rose before and after the election, the market has so far remained orderly. Stress in the bond market cannot be ruled out, given that deficits under the Trump administration are projected by the U.S. government as being higher than under a Harris administration, plus the uncertainties discussed above. A failed auction or a spike in yields could lead to higher volatility and spreads, closed access for parts of the market, and tighter financial conditions. On the upside, recent productivity gains in the U.S. could broaden and deepen. These gains have come from investments and new technologies around the energy transition, as well as AI, and have boosted potential growth by 40 bps-50 bps. While energy transition gains might be limited elsewhere, given the specific characteristics (subsidies) of the U.S. Inflation Reduction Act, AI capabilities are more widespread and only at a very early stage. This could boost productivity across a range of economies. Global Macro 2025: Fasten Your Seatbelts The global economy will start 2025 in a relatively good position. Macro resilience has been a key theme over the past few years. Higher interest rates in response to an unexpectedly sharp rise in post-pandemic inflation have not caused the sharp slowdown feared by most forecasters. Services spending has remained strong and labor demand robust. Losses in output and employment have been modest. Asset prices have risen and volatility has been low. Central banks are now cutting interest rates and a normally elusive soft landing appears within reach and remains our baseline scenario. Central to this positive global macro story has been the U.S. The world’s largest economy has continued to outperform and steady the global macro picture. That could be about to change. The new administration looks to “juice up” an economy that is already running at or above potential, raising the specter of higher inflation pressure, higher U.S. rates along the curve, and a stronger dollar. This tightens U.S. financial conditions and will spill over to a swathe of other economies, mainly emerging markets. More critically, U.S. trade policy could turn much more disruptive if implemented along the lines promised in the campaign. As we have shown in “How Would China Fare Under 60% U.S. Tariffs?,” published Nov. 17, 2024, maximum U.S. tariffs on Chinese imports could significantly damage that economy. And, like before, China is almost sure to retaliate. Tariffs on other trading partners are likely to cause commensurate damage to their economies, with the risk of retaliation as well. On balance, we think tariffs will be growth destroying and further contribute to ongoing economic (and political) fragmentation. Moreover, none of this will help narrow the U.S. trade and current account deficit, which reflects a lack of U.S. savings relative to investment. How much of the proposed policy agenda was campaign bluster versus actual intent remains to be seen. But one thing is clear: volatility will be a feature, not a bug. Buckle up. Source:

JERUSALEM (AP) — A new round of Israeli airstrikes in Yemen on Thursday targeted the Houthi rebel-held capital of Sanaa and multiple ports, while the World Health Organization's director-general said the bombardment occurred nearby as he prepared to board a flight in Sanaa, with a crew member injured. “The air traffic control tower, the departure lounge — just a few meters from where we were — and the runway were damaged,” Tedros Adhanom Ghebreyesus said on the social media platform X. He added that he and U.N. colleagues were safe. “We will need to wait for the damage to the airport to be repaired before we can leave,” he said, without mentioning the source of the bombardment. The Israeli strikes followed several days of Houthi launches setting off sirens in Israel. The Israeli military said it attacked infrastructure used by the Houthis at the international airport in Sanaa and ports in the cities of Hodeida, Al-Salif and Ras Qantib, along with power stations, asserting they were used to smuggle in Iranian weapons and for the entry of senior Iranian officials. Israel's military didn't immediately respond to questions about Tedros' post but issued a statement saying it had "capabilities to strike very far from Israel’s territory — precisely, powerfully, and repetitively.” The strikes came a day after Israeli Prime Minister Benjamin Netanyahu said that “the Houthis, too, will learn what Hamas and Hezbollah and Assad’s regime and others learned" as his military has battled those more powerful proxies of Iran. The Iran-backed Houthis' media outlet confirmed the strikes in a Telegram post but gave no immediate details. The U.S. military also has targeted the Houthis in Yemen in recent days. The United Nations has noted that the targeted ports are important entryways for humanitarian aid for Yemen, the poorest Arab nation that plunged into a civil war in 2014 . Over the weekend, 16 people were wounded when a Houthi missile hit a playground in the Israeli city of Tel Aviv . Last week, Israeli jets struck Sanaa and Hodeida, killing nine people, calling it a response to previous Houthi attacks. The Houthis also have been targeting shipping on the Red Sea corridor, calling it solidarity with Palestinians in Gaza. The U.N. Security Council has scheduled an emergency meeting Monday in response to an Israeli request that the council condemn the Houthi attacks and Iran for supplying weapons to the rebels. Meanwhile, an Israeli strike killed five Palestinian journalists outside a hospital in the Gaza Strip overnight , the territory's Health Ministry said. The Israeli military said that all were militants posing as reporters. The strike hit a car outside Al-Awda Hospital in the built-up Nuseirat refugee camp in central Gaza. The journalists were working for the local news outlet Al-Quds Today, a television channel affiliated with the Islamic Jihad militant group. Islamic Jihad is a smaller and more extreme ally of Hamas and took part in the Oct. 7, 2023 attack in southern Israel, which ignited the war. The Israeli military identified four of the men as combat propagandists and said that intelligence, including a list of Islamic Jihad operatives found by soldiers in Gaza, had confirmed that all five were affiliated with the group. Hamas, Islamic Jihad and other Palestinian militant groups operate political, media and charitable operations in addition to their armed wings. Associated Press footage showed the incinerated shell of a van, with press markings visible on the back doors. Sobbing young men attended the funeral outside the hospital. The bodies were wrapped in shrouds, with blue press vests draped over them. The Committee to Protect Journalists says more than 130 Palestinian reporters have been killed since the start of the war. Israel hasn't allowed foreign reporters to enter Gaza except on military embeds. Israel has banned the pan-Arab Al Jazeera network and accused six of its Gaza reporters of being militants . The Qatar-based broadcaster denies the allegations and accuses Israel of trying to silence its war coverage, which has focused heavily on civilian casualties from Israeli military operations. Separately, Israel's military said that a 35-year-old reserve soldier was killed during fighting in central Gaza early Thursday. A total of 389 soldiers have been killed in Gaza since the start of the ground operation more than a year ago. The war began when Hamas-led militants stormed across the border in an attack on nearby army bases and farming communities. They killed around 1,200 people, mostly civilians, and abducted around 250. About 100 hostages are still inside Gaza, at least a third believed to be dead. Israel's air and ground offensive has killed more than 45,000 Palestinians, according to the Health Ministry. It says more than half the fatalities have been women and children, but doesn't say how many of the dead were fighters. Israel says it has killed more than 17,000 militants, without providing evidence. The offensive has caused widespread destruction and driven around 90% of the population of 2.3 million from their homes. Hundreds of thousands are packed into squalid tent camps along the coast, with little protection from the cold, wet winter. Also Thursday, people mourned eight Palestinians killed by Israeli military operations in and around the city of Tulkarem in the occupied West Bank on Tuesday, according to the Palestinian Health Ministry. The Israeli military said that it opened fire after militants attacked soldiers, and it was aware of uninvolved civilians who were harmed in the raid. Shurafa reported from Deir al-Balah, Gaza Strip. A previous version of this story was corrected to show that the name of the local news outlet is Al-Quds Today, not the Quds News Network. Follow AP’s war coverage at https://apnews.com/hub/israel-hamas-warLOS ANGELES, California — A former Syrian government official has been charged with torture and visa fraud by a federal grand jury, according to a press release from the United States Department of Justice. The indictment against 72-year-old Samir Ousman Alsheikh, of Lexington, South Carolina, includes three counts of torture and one count of conspiracy to commit torture. Alsheikh, who served as the head of Damascus Central Prison from 2005 to 2008, allegedly ordered and participated in the torture of political prisoners, stated the press release. The indictment claims that prisoners were subjected to severe physical and mental pain, including being beaten while suspended from the ceiling and tortured using a device known as the "Flying Carpet." United States Attorney Martin Estrada commented on the indictment, stating, "The allegations in this superseding indictment of grave human rights abuses are chilling. Our country will not be a safe harbor for those accused of committing atrocities abroad." Principal Deputy Assistant Attorney General Nicole M. Argentieri added, "Samir Alsheikh is charged with torturing political dissidents and other prisoners to deter opposition to the regime of then-Syrian President Bashar al-Assad. Alsheikh later allegedly lied about his crimes to obtain a U.S. green card." Alsheikh, who immigrated to the United States in 2020 and applied for U.S. citizenship in 2023, held various positions in the Syrian police and state security apparatus and was associated with the Syrian Ba’ath Party. He was appointed governor of Deir Ez-Zour province in 2011 by then-President Bashar al-Assad. Special Agent in Charge Eddy Wang of the HSI Los Angeles Field Office stated, "Almost 20 years ago, the defendant was accused of torturing prisoners in Syria, and today, we are one step closer to holding him accountable for those heinous crimes." Assistant Director Chad Yarbrough of the FBI Criminal Investigative Division emphasized the FBI's commitment to uncovering the truth, stating, "The allegations in this superseding indictment reveal unconscionable crimes and a clear violation of human rights." An indictment is merely an allegation, and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law. If convicted, Alsheikh faces a maximum penalty of 20 years in prison.Cardinals are average through 12 games and the frustration is it feels as if they could be better

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Manmohan Singh's father may have believed his bookworm son would one day lead India, but the understated technocrat with the trademark blue turban, who died Thursday at the age of 92, never dreamed it would actually happen. Singh was pitchforked into leading the world's largest democracy in 2004 by the shock decision of Congress leader Sonia Gandhi to turn down the role after leading the party to an upset win over the ruling Hindu nationalists. He oversaw an economic boom in Asia's fourth-largest economy in his first term, although slowing growth in later years marred his second stint. Known as "Mr Clean", Singh nonetheless saw his image tarnished during his decade-long tenure when a series of corruption cases became public. As finance minister in the early 1990s, he was hailed at home and abroad for initiating big-bang reforms that opened India's inward-looking economy to the world. Known as a loyalist to the Gandhi political dynasty, Singh studied economics to find a way to eradicate poverty in the vast nation and never held elected office before becoming PM. But he deftly managed the rough and tumble of Indian politics -- even though many said Sonia Gandhi, the Italian-born widow of the assassinated Rajiv Gandhi, was the power behind the throne. Born in 1932 in the mud-house village of Gah in what is now Pakistan, Singh moved to the holy Sikh city of Amritsar as a teenager around the time the subcontinent was split at the end of British rule into mainly Hindu India and Muslim Pakistan. His father was a dry-fruit seller in Amritsar, and he had nine brothers and sisters. He was so determined to get an education he would study at night under streetlights because it was too noisy at home, his brother Surjit Singh told AFP in 2004. "Our father always used to say Manmohan will be the prime minister of India since he stuck out among the 10 children," said Singh. "He always had his nose in a book." Singh won scholarships to attend both Cambridge, where he obtained a first in economics, and Oxford, where he completed his PhD. He worked in a string of senior civil posts, served as a central bank governor and also held various jobs with global agencies such as the United Nations. Singh was tapped in 1991 by then Congress prime minister P.V. Narasimha Rao to reel India back from the worst financial crisis in its modern history -- currency reserves had sunk so low the country was on the brink of defaulting on foreign loans. Singh unleashed sweeping change that broke sharply with India's Soviet-style state-directed economy. In his first term he steered the economy through a period of nine-percent growth, lending the country the international clout it had long sought. He also sealed a landmark nuclear deal with the US that he said would help India meet its growing energy needs. But by 2008 there was growing disquiet among the ruling alliance's left-leaning parties about the pact, while high inflation -- notably food and fuel prices -- hit India's poor hard. Still, voters remained drawn to his calm, pragmatic persona, and in 2009 Congress steered its alliance to a second term. Singh vowed to step up financial reforms to drive economic growth, but he came under increasing fire from critics who said he had done nothing to stop a string of corruption scandals on his watch. Several months before the 2014 elections, Singh said he would retire after the polls, with Sonia Gandhi's son Rahul earmarked to take his place if Congress won. But Congress crashed to its worst-ever result at that time as the Hindu-nationalist Bharatiya Janata Party, led by Narendra Modi, won a landslide. More recently, an unflattering book by a former aide titled "The Accidental Prime Minister" portrayed him as timid and controlled by Sonia Gandhi. Singh -- who said historians would be kinder to him than contemporary detractors -- became a vocal critic of Modi's economic policies, and more recently warned about the risks that rising communal tensions posed to India's democracy.NFTs Are Back: Illuvium Launches New Collection with G-SHOCK after Wave 3 Alpha's sell out in 1 hour 12-02-2024 11:02 PM CET | IT, New Media & Software Press release from: Getnews / PR Agency: Ed Cal Media Agency Image: https://www.getnews.info/uploads/e31510cee1ac00ced93ac9669407e32d.jpg DUBAI, UAE - December 2, 2024 - The resurgence of NFTs continues as Illuvium, a leader in blockchain-based gaming, announces its collaboration with the iconic G-SHOCK brand. Following the US election, the Web3 market has experienced renewed momentum, with a notable rise in NFT transactions and an increase in the overall NFT market cap. In this bullish environment, Illuvium is making waves with its latest release. Launching on December 9, 2024, Illuvium Beyond x G-SHOCK Wave 3 Collection features six fan-favourite Illuvitars reimagined in G-SHOCK style, blending digital collectibles with real-world allure. The lineup includes Aapon , the mystic monkey; Earth Doka , a fierce fighter; Pho , a powerful brawler; Flare , a resilient protector; Archos , a healing turtle; and Lynx , a sleek hunter. Each Illuvitar wears unique G-SHOCK gear with three distinct collectible backgrounds, adding depth and variety for collectors. As a special bonus, collectors who purchase 20 or more D1SKs will receive an exclusive Illuvium x G-SHOCK watch, a limited-edition physical collectible that celebrates this exciting partnership and bridges the digital and physical worlds. Since its debut in 2022, Illuvium Beyond has solidified its place in the NFT gaming space, generating over $12.1 million in revenue and partnering with major brands like GameStop and Team Liquid. The G-SHOCK collaboration represents the next step in elevating the Illuvium brand and community. "The G-SHOCK x Illuvium collab isn't just a drop; it's about bringing something fresh and exciting to the community," said Kieran Warwick, Co-Founder of Illuvium. "With the market turning up and new energy in the Web3 space, this is the perfect moment to release a collection that combines nostalgia, innovation, and unparalleled craftsmanship." And Takahashi Oh, Senior General Manager of Timepieces at Casio said "Partnering with Illuvium allows us to start a new approach where the G-SHOCK brand integrates into the world of gaming. We are excited to provide a new user experience while utilizing the toughness design and brand colors that are a symbol of G-SHOCK." Collectors can purchase D1SKs, containing Illuvitars adorned in G-SHOCK gear, during the limited sale window from December 9th to December 22nd, 2024. Mark your calendars to collect, customise, and claim a piece of this historic collaboration. Don't miss the chance to own digital Illuvitars and the exclusive Illuvium x G-SHOCK watch. Project Overview Dates of sale December 9 - December 22 (UTC) Sales price $35 Blockchain Ethereum Sales place Illuvium Official website: https://beyond.illuvium.io/ About Illuvium Illuvium is a blockchain-based gaming studio that combines the thrill of collecting, battling, and exploring with the benefits of decentralised finance and non-fungible tokens (NFTs). Its suite of games allows players to discover and collect Illuvials, engage in strategic battles, and participate in a thriving community. For more information, visit illuvium.io [ https://www.illuvium.io/ ]. About G-SHOCK Casio's shock-resistant G-SHOCK watch is synonymous with toughness, born from the developer Mr. Ibe's dream of 'creating a watch that never breaks.' Over 200 handmade samples were created and tested to destruction until finally in 1983 the first, now iconic G-SHOCK hit the streets of Japan. The watch is packed with Casio's innovations and technologies to prevent it from suffering direct shock; this includes internal components protected with urethane and suspended timekeeping modules inside the watch structure. Since its launch, G-SHOCK has continued to evolve, continuing to support Mr. Ibe's mantra "never, never give up." Media Contact Company Name: Illuvium Labs FZCO Contact Person: Kieran Warwick Email: Send Email [ http://www.universalpressrelease.com/?pr=nfts-are-back-illuvium-launches-new-collection-with-gshock-after-wave-3-alphas-sell-out-in-1-hour ] Country: United Arab Emirates Website: https://illuvium.io/ This release was published on openPR.Israel strikes Houthi rebels in Yemen's capital while the WHO chief says he was meters away

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