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2025-01-24
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SAO PAULO (AP) — Brazil’s federal police on Thursday formally accused former President Jair Bolsonaro and 36 other people of attempting a coup to keep him in office after his defeat in the 2022 elections. Police said their sealed findings were being delivered Thursday to Brazil’s Supreme Court, which will refer them to Prosecutor-General Paulo Gonet, who decides either to formally charge Bolsonaro and put him on trial, or toss the investigation. Bolsonaro told the website Metropoles that he was waiting for his lawyer to review the accusation, reportedly about 700 pages long. But he said he would fight the case and dismissed the investigation as being the result of “creativity.” The former right-wing president has denied all claims he tried to stay in office after his narrow electoral defeat in 2022 to his rival, leftist President Luiz Inácio Lula da Silva. Bolsonaro has faced a series of legal threats since then. Police said in a brief statement that the Supreme Court had agreed to reveal the names of all 37 people who were accused “to avoid the dissemination of incorrect news.” Dozens of former and current Bolsonaro aides also were accused, including Gen. Walter Braga Netto, who was his running mate in the 2022 campaign; former Army commander Gen. Paulo Sérgio Nogueira de Oliveira; Valdemar Costa Neto, the chairman of Bolsonaro’s Liberal Party; and his veteran former adviser, Gen. Augusto Heleno. Other investigations produced formal accusations of Bolsonaro’s roles in smuggling diamond jewelry into Brazil without properly declaring them and in directing a subordinate to falsify his and others’ COVID-19 vaccination statuses. Bolsonaro has denied any involvement in either. Another probe found that he had abused his authority to cast doubt on the country’s voting system, and judges barred him from running again until 2030. Still, he has insisted that he will run in 2026, and many in his orbit were heartened by the recent U.S. election win of Donald Trump, despite his own swirling legal threats. But the far-reaching investigations already have weakened Bolsonaro’s status as a leader of Brazil’s right wing, said Carlos Melo, a political science professor at Insper University in Sao Paulo. “Bolsonaro is already barred from running in the 2026 elections,” Melo told the The Associated Press. “And if he is convicted he could also be jailed by then. To avoid being behind bars, he will have to convince Supreme Court justices that he has nothing to do with a plot that involves dozens of his aides. That’s a very tall order,” Melo said. A formal accusation of an attempted coup means the investigation has gathered indications of “a crime and its author,” said Eloísa Machado de Almeida, a law professor at Getulio Vargas Foundation, a university in Sao Paulo. She said she believed there was enough legal grounds for the prosecutor-general to file charges. Bolsonaro’s allies in Congress have been negotiating a bill to pardon individuals who stormed the Brazilian capital and rioted on Jan. 8, 2023 in a failed attempt to keep the former president in power. Analysts have speculated that lawmakers want to extend the legislation to cover the former president himself. However, efforts to push a broad amnesty bill may be “politically challenging” given recent attacks on the judiciary and details emerging in investigations, Machado said. On Tuesday, Federal Police arrested four military and a Federal Police officer, accused of plotting to assassinate Lula and Supreme Court Justice Alexandre de Moraes as a means to overthrow the government following the 2022 elections. And last week, a man carried out a bomb attack in the capital Brasilia . He attempted to enter the Supreme Court and threw explosives outside, killing himself.

Sportscaster Greg Gumbel dies from cancer at age 78India rate call in focus, political crises coolPritzker promises to protect immigrants, but says those convicted of violent crimes need to goThe JVP-led NPP government has failed to carry out its promise to import rice due to some flaws in the process of preparing tenders. It has asked for some more time to bring in the promised rice from India. Private traders have already imported 72,000 MT of rice. The state sector stands exposed for its inefficiency. Is it that the new government is not competent enough to carry out even a simple task like importing rice, which successive governments resorted to, as an ad hoc measure, to address the issue of escalating prices of rice, instead of taming the Millers’ Mafia? Why the incumbent administration has botched the process of tendering for rice imports defies comprehension. Has anyone scuttled the government’s import plan in support of the private sector importers, as alleged by the Opposition, and some consumer rights protection groups, which have called for a probe? It has been pointed out in Parliament that the government is taxing imported rice at the rate of Rs. 65 a kilo and boosting its revenue instead of making a serious effort to make rice available at affordable prices vis-à-vis market manipulations by the Millers’ Mafia. The Opposition has alleged that some powerful millers are also among the rice importers, and they are getting the best of both worlds. Close on the heels of the JVP-led NPP’s victory in the last presidential election, the owner of Araliya Rice, Dudley Sirisena, who is one of the wealthy millers blamed for manipulating rice/paddy markets and exploiting farmers and consumers alike, promised at a media briefing to ensure that there would be enough rice in the market at the then maximum retail prices stipulated by the Consumer Affairs Authority. The medium/small scale millers panicked and released all their rice stocks to the market, but the millers’ cartel did not do so and is now making the most of the artificially created rice scarcity to earn unconscionable profits. The government, in its wisdom, increased the maximum retail prices of rice by Rs. 10 and played into the hands of the rice hoarders. As a result, the price of nadu rice has increased from Rs. 230 much to the glee of the powerful millers! The price of this particular variety of rice, which is popular among a majority of Sri Lankans, was about Rs. 180 before the 21 September presidential election. President Anura Kumara Dissanayake and other JVP/NPP stalwarts have gone on record as saying that the country has produced enough paddy, and the rice shortage is due to hoarding, but the government has baulked at taking on the hoarders and is trying band-aid remedies. The government has extended the deadline for rice imports until 10 Jan. 2025. The large-scale millers will ensure that more rice is imported before the commencement of the next harvesting period so that they can release some of their stocks, flood the rice market, bring down the prices of rice and exploit farmers by purchasing paddy at cheaper rates. Thereafter, they will hoard their paddy, causing the prices of rice to rise. They also leverage their influence derived from their financial prowess to delay bank loans for small/medium-scale millers so that the latter cannot begin purchasing paddy when harvesting commences. Previous governments did not care to put an end to the powerful millers’ sordid operations, and the people expected the incumbent administration to be different due to its rhetoric and numerous promises. That is why they voted overwhelmingly for it in last month’s general election, enabling it to secure a two-thirds majority in Parliament. But the millers’ cartel with political connections and huge slush funds, continues to call the shots. Have the people been taken for a ride again?

A Baltimore City solid waste employee is receiving medical care at Johns Hopkins Hospital after sustaining a leg injury on the job Thursday, according to the Department of Public Works. The unnamed employee was working alongside a trash truck in an alley in Baltimore when the incident occurred, said Mary Stewart, a department spokesperson. Stewart declined to disclose the circumstances or the location of the incident, saying that the department is investigating the matter. It comes about a month after a DPW employee was killed in a collision with a trash truck. Last month, 60-year-old was attempting to collect trash from a bin when he was pinned between a trash truck and a wooden light pole in West Baltimore. He was transported to a hospital, where he died from his injuries. Maryland’s Occupational Safety and Health agency opened an into the matter last month, as did police. On a blistering hot day in August, DPW worker Ronald Silver II, a 36-year-old father of five, collapsed on his trash route in Canton and died. An autopsy report confirmed he died from hyperthermia — when the body becomes dangerously overheated. The employees’ have alongside public officials and labor representatives for greater transparency and safety measures in the wake of the deaths. An commissioned by the city found that Silver received no heat preparedness training. It also highlighted poor communication and a lack of protocols for hot days. Rest breaks in hot weather weren’t enforced, and city collectors were incentivized to complete their routes quickly since they could return home and still be paid for an entire day. A from the city’s inspector general indicated that some trash trucks lacked air conditioning, and employees at DPW facilities did not receive sufficient water, ice and fans. In a statement on Thursday, the labor union representing city trash collectors and other blue-collar workers, the American Federation of State, County and Municipal Employees Council 3, said it is “still awaiting details about the circumstances that led up to this horrific incident, but regardless, we need adequate solutions and immediate action to make DPW worksites and jobs safer.” “These last six months have been horrific, and we still have not received full transparency from DPW management about previous workplace safety violations,” the statement read. “The City has failed to respond to our demands about health and safety dating back to Ronald Silver II[‘s] death. It is unacceptable.”Trump team signs agreement to allow Justice to conduct background checks on nominees, staff

Indian benchmark indices ended flat on the monthly expiry day today (Thursday, December 26) amid a range bound trade. The weakness was on account of corrections in FMCG and bank stocks though auto and pharma stocks salvaged some pride. While the S&P BSE Sensex settled at 78,472.48, down by 0.39 points, the broader Nifty closed at 23,750.20, higher by 22.55 points or 0.1%. Here's how analysts read the market pulse: Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said that Nifty's sideways movement was because investors have chosen to remain on the sidelines. "The index remained below the 200 DMA, reinforcing the prevailing weakness. The RSI indicator showed bearish momentum with a weak crossover, indicating sluggish movement. In the short term, the index may stay under pressure or struggle to rise to higher levels. Support is at 23,700/23,600, while resistance is seen at 23,850, De said. US markets Wall Street's major indexes edged lower on Thursday amid light trading volumes, as rising yields weighed on shares, while investors awaited a potential year-end boost from the "Santa Claus rally."Yields on government bonds climbed, with the 10-year benchmark yield reaching 4.64%, its highest since early May. Among megacap stocks, Amazon.com dropped 0.3%, and Meta Platforms declined 0.6%. Rate-sensitive real estate stocks led losses, slipping 0.4%, followed by a 0.5% dip in consumer discretionary stocks. Stock Trading Value & Valuation Masterclass By - The Economic Times, Get Certified By India's Top Business News Brand View Program Stock Trading Market 104: Options Trading: Kickstart Your F&O Adventure By - Saketh R, Founder- QuickAlpha, Full Time Options Trader View Program Stock Trading Technical Analysis for Everyone - Technical Analysis Course By - Abhijit Paul, Technical Research Head, Fund Manager- ICICI Securities View Program Stock Trading Stock Markets Made Easy By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading Renko Chart Patterns Made Easy By - Kaushik Akiwatkar, Derivative Trader and Investor View Program Stock Trading Market 101: An Insight into Trendlines and Momentum By - Rohit Srivastava, Founder- Indiacharts.com View Program Stock Trading Markets 102: Mastering Sentiment Indicators for Swing and Positional Trading By - Rohit Srivastava, Founder- Indiacharts.com View Program Stock Trading Dow Theory Made Easy By - Vishal Mehta, Independent Systematic Trader View Program Stock Trading Market 103: Mastering Trends with RMI and Techno-Funda Insights By - Rohit Srivastava, Founder- Indiacharts.com View Program Stock Trading ROC Made Easy: Master Course for ROC Stock Indicator By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Heikin Ashi Trading Tactics: Master the Art of Trading By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading RSI Made Easy: RSI Trading Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Introduction to Technical Analysis & Candlestick Theory By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program European Markets Major European markets are closed on Thursday, as well as Hong Kong, Australia, New Zealand and Indonesia. Tech View Nifty has traded in a narrow range of 300 points this week and is not showing any clear direction, Chandan Taparia, Head, Equity Derivatives & Technicals, Wealth Management at MOFSL said, commenting on the current trends. "For the last three days index struggled near the 23,870 level on the upside while finding support around 23,600 on the downside. This tug of war between bulls and bears led to the formation of multiple Doji candles and inside bars on the daily chart indicating indecision. Nifty is hovering near its 200-day EMA and trading below its short-term moving averages as well. On the weekly chart, the index has formed a Doji candle indicating support-based buying, but with limited upside potential," he said. On option front, maximum CALL OI is at 24,000 followed by 25,000 strike while maximum PUT OI is at 23,800 then 23,000 strike, this analyst said, adding that CALL writing is seen at 23,800 followed by 24,000 strike while PUT writing at 23,800 then 23,000 strike. Option data suggests a broader trading range in between 23,200 to 24,200 zones while an immediate range between 23,500 to 23,900 levels, the MOFSL expert said. Most active stocks in terms of turnover One Mobikwik Systems (Rs 433.21 crore), Vishal Mega Mart (Rs 122.19 crore), International Gemmological Institute India (Rs 120.71 crore), Mazagon Dock (Rs 106.41 crore), Reliance Industries (RIL, Rs 68.05. crore), Infosys (56.14 crore) and Tata Motors (Rs 56.09 crore) were among the most active stocks on BSE in value terms. Higher activity in a counter in value terms can help identify the counters with highest trading turnovers in the day. Most active stocks in volume terms Srestha Finvest (Traded shares: 4.25 crore), Vodafone Idea (Traded shares: 3.71 crore), Mishtann Foods (Traded shares: 1.15 crore), Yes Bank (Traded shares: 74.74 crore), GTL Infra (Traded shares: 72.16 lakh), One Mobikwik (Traded shares: 66.02 lakh) and Sagility India (Traded shares: 42,91 lakh) were among the most actively traded stocks in volume terms on BSE. Stocks showing buying interest Shares of Adani Ports and Special Economic Zone (APSEZ), Intellect Design, Godfrey Phillips, Amber Enterprises, Kfin Technologies, PNC Infratech, Newgen Technologies and Bluedart were among the stocks that witnessed strong buying interest from market participants. 52 Week high Over 155 stocks hit their 52 week highs today while 80 stocks slipped to their 52-week lows. Among the ones which hit their 52 week highs included 360 One Wam, Amber Enterprises, CarTrade Tech, International Gemmological Institute, Inventurus Knowledge Solutions, One Mobikwik, Newgen, Piccadily Agro Industries and Sagility. Stocks seeing selling pressure Among the large cap names were Titan Company, Asian Paints and Tata Consumer Products. Other stocks which witnessed significant selling pressure were Hindustan Copper, Finolex Cables, Titagarh Rail Systems, Page Industries, Vardhman Textiles and Usha Martin. Sentiment meter favours bears Action in heavyweights like HDFC Bank , Reliance Industries, Larsen & Toubro (L&T) and Titan dragged markets ensuring a flat ending. The market sentiments were bearish. Out of the 4,074 stocks that traded on the BSE on Thursday, 2,395 stocks witnessed declines, 1,593 saw advances while 86 stocks remained unchanged. Also Read: Nasdaq, Hang Seng beat Nifty by wide margin. Will it be India's turn in 2025? (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel )

CLEVELAND (AP) — Alyssa Nakken, the first woman to coach in a Major League Baseball game, is leaving the San Francisco Giants to join the Cleveland Guardians. Nakken made history in 2022 when she took over as first-base coach following an ejection. A former college softball star at Sacramento State, Nakken joined the Giants in 2014 and was promoted to a spot on manager Gabe Kapler's staff in 2020, becoming the majors' first full-time female coach. Nakken has been hired as an assistant director within player development for the Guardians, who won the AL Central last season under first-year manager Stephen Vogt — the AL Manager of the Year. With Cleveland, the 34-year-old Nakken will work with former Giants coaches Craig Albernaz and Kai Correa. Her exact duties are still being determined. "We thank Alyssa Nakken for her incredible contributions to the San Francisco Giants and for trailblazing a path for women in sports,” the Giants said in a statement on Friday. "Her leadership, dedication, and passion for the game have inspired countless individuals, and her impact has been truly transformative for the Giants organization and the baseball community. “As she embarks on this exciting new chapter in her career, we have no doubt that she’ll continue to inspire and achieve great things. We wish her and her family nothing but the best.” Nakken is the second on-field female coach hired by the Guardians. In 2023, the club brought in Amanda Kamekona as their hitting development coach for their year-round training academy in Goodyear, Arizona. Last season, she was an assistant hitting coach at Double-A Akron. Kamekona was twice a third-team All-American at UCLA after transferring from Cal State Fullerton. AP MLB: https://apnews.com/hub/mlb

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