The week in whoppers: Esquire’s Bush pardon make-believe, Sean Penn’s outrageous Hunter praise and more
ANKARA, Turkey (AP) — Ethiopia and Somalia agreed on Wednesday to hold “technical talks” to resolve a dispute sparked by Ethiopia’s deal with Somalia’s breakaway region of Somaliland, according to a statement following talks in Turkey. Turkey has been mediating between the two east African countries as tensions between them have simmered since in January to lease land along its coastline to establish a marine force base. In return, Ethiopia would recognize Somaliland’s independence, which Somalia says infringes on its sovereignty and territory. A joint declaration was reached after Turkish President Recep Tayyip Erdogan met separately with Somali President Hassan Sheik Mohamud and Ethiopian Prime Minister Abiy Ahmed on Wednesday. It says the sides agreed the talks, which would begin by February 2025 and conclude within four months, would respect Somalia’s territorial integrity while recognizing “potential benefits” of Ethiopia’s access to the sea. The declaration also says the sides would work to “finalize mutually advantageous commercial arrangements” to allow Ethiopia “to enjoy reliable, secure and sustainable access to and from the sea,” under Somalia sovereignity. Somaliland seceded from Somalia more than 30 years ago, but is not recognized by the African Union or the United Nations as an independent state. Somalia still considers Somaliland part of its territory. Over the years, Somaliland has built a stable political environment, contrasting sharply with Somalia’s ongoing struggles with insecurity amid deadly attacks by . In November, Somaliland held a for international recognition. With a population estimated at over 120 million, Ethiopia is the most populous landlocked country in the world. Turkey has previously hosted two rounds of talks between the African nations’ foreign ministers but a third round, expected in September, was delayed, raising concerns of escalating tensions. Erdogan, flanked by Mohamud and Abiy, told reporters at a late night news conference in the Turkish capital, Ankara, that the sides have reached an “important stage” in efforts to solve their dispute. The joint declaration, Erdogan said, focuses “on the future and not the past.” “By overcoming some resentments and misunderstandings, we have taken the first step toward a new beginning based on peace and cooperation between Somalia and Ethiopia,” Erdogan continued. He also said he hoped Somalia would take steps to give Ethiopia sea access. Abiy, the Ethiopian prime minister, insisted that “Ethiopia’s aspiration for secure access to the sea is a peaceful venture and one that would benefit all our neighbors.” “I believe that today’s constructive discussions will push us into a new year with this spirit of cooperation, friendship and the willingness to work together instead of against each other,” he said. Somalia’s president said the Horn of Africa is a “very fragile and very volatile region, which needs both Ethiopia and Somalia to work together” for the benefit of both. Turkey has forged close ties with Somalia, and recently also signed deals toward cooperation in defense and oil and gas exploration. It also has economic and trade ties with Ethiopia. A Somaliland opposition leader, Abdirahman Mohamed Abdullahi, who had been critical of the deal with Ethiopia, won the November election. He is to be inaugurated on Thursday.NEW YORK , Nov. 25, 2024 /PRNewswire/ -- The grocery retail market in UK size is estimated to grow by USD 44.8 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 3.2% during the forecast period. Rapid urbanization and rising consumer spending is driving market growth, with a trend towards innovative store layouts and offerings to amplify customer experience. However, threat from counterfeit grocery products poses a challenge. Key market players include Amazon.com Inc., B and M Retail Ltd, Carrefour SA, Costco Wholesale Corp., EG Group, EH Booth and Co. Ltd, Farmfoods Ltd., Heron Foods Ltd., HOFER KG, Iceland Foods Ltd., Lidl US LLC, Marks and Spencer Group plc, McCormick and Co. Inc., National Coop Grocers, Ocado Retail Ltd., PROUDFOOT SUPERMARKETS, SPAR (UK) Ltd., Tesco Plc, Waitrose and Partners, and Wm Morrison Supermarkets Ltd.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Key Market Trends Fueling Growth In the UK grocery retail market, shoppers are adopting a blend of traditional and online shopping channels. Traditional retailers, including department stores, specialty stores, hypermarkets, and supermarkets, face competition from e-commerce. The prevalence of smartphones offers an opportunity to merge physical and digital shopping experiences through IoT devices like Beacons. These devices enable location-based services, allowing retailers to target customers precisely. Amid the COVID-19 pandemic, UK retailers and supermarkets introduce various technologies, such as 3D sensor tech, enhancement and metrics, to ensure consumer safety and curb the virus's spread. Beacons' adoption in department stores is expected to rise, boosting sales through increased customer interaction, and positively impacting the grocery retail market growth during the forecast period. The UK grocery retail market is experiencing significant trends driven by convenience, with curbside pickup and home delivery services gaining popularity. Competitive prices remain a key factor, catering to a large population and growing middle class. Urbanization and increasing automation are shaping innovative operating models, including the use of Artificial Intelligence (AI) for personalization and efficiency. AI algorithms analyze purchase history and browsing behavior to provide targeted product recommendations and promotions, enhancing customer experience. Supply chain disruptions, shortages, and imported products pose challenges, while online grocery sales continue to rise due to consumer polarization and cooking at home. Grocery retailers offer private label goods and leverage supplier networks to stay competitive. Supermarkets and omnichannel mass merchandisers like Whole Foods adapt to delivery options and the food cupboard segment. Environmental regulations and urbanization push for blockchain technologies to ensure transparency and traceability. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges The UK grocery retail market faces a growing challenge from counterfeit products, particularly in the areas of fast-moving consumer goods (FMCGs) and electronics. Counterfeiters are flooding the market with imitation goods, making it increasingly difficult for consumers to distinguish them from genuine items. This trend is particularly prevalent in online and e-commerce channels. The proliferation of counterfeit products negatively impacts the sales of major retailers and damages the reputation of legitimate manufacturers. Counterfeit brands undercut prices of authentic products, but their quality and durability are inferior. The production costs for counterfeit goods are low, enabling mass production. Consumers are often misled by imitation packaging and product names, especially in rural regions. Moreover, the sale of counterfeit grocery products poses a serious health risk due to unsanitary production conditions and potentially hazardous ingredients. The threat from counterfeit grocery products is expected to intensify, particularly after 2022, due to the expansion of e-commerce and the increasing demand for organic and premium products, which often have higher profit margins. This situation poses a significant hurdle for the growth of the UK grocery retail market. In the UK grocery retail market, browsing behavior and targeted product recommendations are key challenges for retailers. Consumers prefer convenience and personalized offers, requiring advanced technology and data analysis. Promotions and customer engagement are essential for sales growth, but supply chain disruptions and shortages can impact stock availability. Imported products, especially fresh produce, face uncertainty due to Brexit and environmental regulations. Online grocery sales are increasing, polarizing consumers between traditional supermarkets and online platforms. Urbanization and consumer preferences for cooking at home drive demand for private label goods and non-food items like clothing and household items. Grocery retailers must adapt to omnichannel mass merchandisers, supermarket business models, and competition from Whole Foods and other niche players. Delivery options, food cupboard segments, and supplier networks are crucial for success. Blockchain technologies offer potential solutions for transparency and traceability. Retailers must cater to diverse consumer needs, including ethnic markets and immigrant communities, while maintaining quality and variety. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This grocery retail market in UK report extensively covers market segmentation by 1.1 Food and beverages 1.2 Non food 2.1 Hypermarkets and supermarkets 2.2 Convenience stores 2.3 Discount stores 2.4 Online 2.5 Others 3.1 Europe 1.1 Food and beverages- The UK grocery retail market's foods and beverages segment encompasses a diverse range of products, including fruits and vegetables, dairy, frozen foods, meat, baked goods, snacks, canned foods, and condiments. Popular items within this segment consist of fresh bread, salty snacks, and cereals. This sector has experienced substantial growth due to the increasing preference for snacks and innovative product offerings from vendors in terms of flavors. With rising per capita income, consumers are shifting towards organic and gluten-free options, diverging from traditional products. The demand for frozen snacks, particularly among teenagers, has grown. Vendors are continuously introducing new flavors and health-conscious ingredients to cater to this trend. For instance, General Mills Inc . Offers Organic Grapes Galore Fruit Juice Pops, a certified organic product made from real fruit juice. The dairy product segment comprises milk, milk alternatives, cheese, yogurt, and butter. Plant-based milk beverages have gained significant traction among millennials and lactose-intolerant consumers, fueling sales across various demographics. The revenue from dairy products is projected to expand during the forecast period as vendors introduce an array of new offerings. The growth in the foods and beverages segment will, consequently, propel the expansion of the UK grocery retail market. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 - 2022) Research Analysis The UK grocery retail market is a vibrant and diverse sector, catering to the needs of end consumers in both urban and rural areas. Retail sales in this market have seen consistent growth, driven by the demand for a wide range of products including food and non-food items such as clothing, household items, and greengrocers. In big cities, consumers seek convenience and variety, leading to the popularity of online grocery platforms. Ethnic markets and immigrant communities contribute significantly to the market's diversity, with a demand for specific products and consumer-oriented features like quality and variety. The supermarket business is dominated by traditional retailers, but omnichannel mass merchandisers are gaining ground with their curbside pickup and home delivery services. Private label goods and supplier networks are key strategies for retailers to differentiate themselves and compete effectively. Cooking at home remains a consumer trend, driving sales of grocery retailers. Online grocery sales continue to grow, with consumer polarization between those who prefer the convenience of home delivery and those who value the sensory experience of shopping in-store. Market Research Overview The Grocery Retail market in the UK is a vibrant and dynamic sector, driven by the needs and preferences of end consumers. Retail sales in this industry continue to grow, fueled by the convenience and variety of products offered by retailers. Both traditional grocers and online grocery platforms cater to the demand for non-food items such as clothing and household items, as well as fresh produce from greengrocers and ethnic markets. Big cities and immigrant communities contribute significantly to the market's growth, with consumer-oriented features like quality, variety, and competitive prices being key drivers. Curbside pickup and home delivery services have gained popularity, particularly in urban areas where time is a precious commodity. The growing middle class and increasing urbanization have led to innovative operating models, automation, and the use of artificial intelligence (AI) to enhance efficiency and personalize the customer experience. AI algorithms analyze purchase history and browsing behavior to provide targeted product recommendations and promotions, while supply chain disruptions and shortages are addressed through imported products and blockchain technologies. Environmental regulations and consumer polarization towards cooking at home have also influenced the market, with private label goods and supplier networks becoming increasingly important for supermarkets and omnichannel mass merchandisers like Whole Foods. Delivery options and the food cupboard segment continue to evolve, offering consumers a wide range of choices and convenience. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Product Food And Beverages Non Food Distribution Channel Hypermarkets And Supermarkets Convenience Stores Discount Stores Online Others Geography Europe 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE Technavio
In a nod to unsure, unreliable times, Becker County sets up a new capital fundIs Secret Santa stressing you out? Here’s your holiday gift-exchange survival guide
E-Prescribing Market to Unlock Revenue of $5.56 Billion by 2029, EHR-Integrated Systems Gaining Popularity in the Market - Arizton 11-25-2024 11:46 PM CET | Associations & Organizations Press release from: ABNewswire E-Prescribing Market Research Report by Arizton According to Arizton's latest research report, the global e-prescribing market [ https://www.arizton.com/market-reports/e-prescribing-market ] is growing at a CAGR of 21.87% during 2023-2029. Looking for More Information? Click: [ https://www.arizton.com/market-reports/e-prescribing-market ] Report Scope: Market Size (2029): $5.56 Billion Market Size (2023): $1.69 Billion CAGR (2023-2029):21.87% Historic Year: 2020-2022 Base Year: 2023 Forecast Year: 2024-2029 Market Segmentation: Type, Delivery Mode, Modality, Medication, End-Users, and Geography Geographical Analysis: North America, Europe, APAC, Latin America, and Middle East & Africa EHR-Integrated E-Prescription Systems: Enhancing Efficiency, Safety, and Patient Care The integration of e-prescription systems with Electronic Health Records (EHRs) is gaining traction, driven by the need for more efficient healthcare operations and improved patient safety. This integration allows seamless communication between healthcare providers, pharmacies, and patients by linking prescription data to a patient's medical record, streamlining clinical workflows and minimizing errors. Benefits include enhanced medication management, improved prescribing decisions, faster prescription approvals, and increased security for controlled substances. With e-prescription capabilities now a standard feature in many EHR systems, this integration is transforming healthcare delivery and patient experience. Rapid Growth in the Global E-Prescribing Market Driven by Innovation and Emerging Players The global e-prescribing market is expanding rapidly, fueled by both established and emerging vendors offering advanced solutions like Clinical Decision Support (CDS) and Electronic Prior Authorization (ePA). Mid-sized vendors such as DrFirst, Qualifacts, and Practice Fusion are gaining traction, especially by offering affordable, standalone solutions for small practices and private clinics. A shift from on-premises to cloud-based and Software-as-a-Service (SaaS) platforms is making e-prescribing more accessible and easier to maintain. As the market grows, competition is intensifying, particularly with the expansion into developing regions and increasing regulatory compliance needs. China: Leading the Growth in the APAC E-Prescribing Market China is emerging as a top contributor to the rapid expansion of the e-prescribing market in the APAC region. Driven by advancements in healthcare technology, the country is increasingly adopting innovative solutions like Clinical Decision Support (CDS) and Electronic Prior Authorization (ePA). Local vendors, along with international players, are gaining traction by offering affordable, cloud-based e-prescribing platforms tailored to China's diverse healthcare needs. The shift to Software-as-a-Service (SaaS) models is making e-prescribing more accessible, especially in smaller clinics and private practices. With strong government support for digital healthcare transformation, China is poised to play a pivotal role in shaping the future of e-prescribing across the APAC region, while navigating the region's regulatory landscape. Looking for More Information? Click: [ https://www.arizton.com/market-reports/e-prescribing-market ] Key Vendors * Surescripts * DrFirst * Practice Fusion * RXNT * CoverMyMeds * Greenway Health * Qualifacts * AdvancedMD * Aegis Healthcare * Canada Health Infoway * Change Healthcare * Chetu * Daw Systems * DoseSpot * DrChrono * Henry Schein * MDToolbox * Sisgain * Streamline Healthcare Solutions * CLEO Systems * ModuleMD * MediPro * OmniMD * iA (Innovation Associates) * Foundation Systems * Netsmart * Outcomes * RxMaster Segmentation & Forecast Type * Standard E-prescribing * E-prescribing for Controlled Substances (EPCS) * By Delivery Mode * Web & Cloud Based * On-premises & Desktop Modality * Integrated * Standalone * By Medication * Cardiovascular * Anti-Infectives * Oncology * Pain Medication * Behavioral & Mental Health * Others End-Users * Technology Vendors * Independent & Specialty Pharmacies * Healthcare Facilities * PBM & Payors Geography North America * The US * Canada Europe * The UK * Italy * Spain APAC * China * Japan * Australia * India * South Korea Latin America * Brazil * Mexico * Argentina Middle East & Africa * Turkey * Saudi Arabia * South Africa The Arizton Advisory & Intelligence market research report provides valuable market insights for industry stakeholders, investors, researchers, consultants, and business strategists aiming to gain a thorough understanding of the e-prescribing market. Request for Free Sample to get a glance of the report now: [ https://www.arizton.com/market-reports/e-prescribing-market ] What Key Findings Our Research Analysis Reveals? Who are the key players in the global e-prescribing market? How big is the global e-prescribing market? What are the latest trends in the global e-prescribing market? Which region has the largest market share of the global e-prescribing market? Which delivery mode has the largest share of the global e-prescribing market? Looking for Customization According to Your Business Requirement? [ https://www.arizton.com/customize-report/4597 ] Other Related Reports that Might be of Your Business Requirement Global Non-Surgical Skin Tightening Market - Focused Insights 2024-2029 [ https://www.arizton.com/market-reports/non-surgical-skin-tightening-market ] Global Probiotics Supplements Market - Focused Insights 2024-2029 [ https://www.arizton.com/market-reports/probiotic-supplements-market ] Why Arizton? 100%Customer Satisfaction 24x7availability - we are always there when you need us 200+Fortune 500 Companies trust Arizton's report 80%of our reports are exclusive and first in the industry 100%more data and analysis 1500+reports published till date Post-Purchase Benefit * 1hr of free analyst discussion * 10% off on customization About Us: Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports. Media Contact Company Name: Arizton Advisory & Intelligence Contact Person: Jessica Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=eprescribing-market-to-unlock-revenue-of-556-billion-by-2029-ehrintegrated-systems-gaining-popularity-in-the-market-arizton ] Phone: +1 3122332770 Country: United States Website: https://www.arizton.com/market-reports/e-prescribing-market This release was published on openPR.The Kremlin fired a new intermediate-range ballistic missile at Ukraine on Thursday in response to Kyiv's use this week of 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 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 this month to use U.S. 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 U.S. and 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 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 , as the U.S. eased restrictions on Ukraine's use of American-made longer-range missiles inside Russia and Putin 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 to use the U.S.-supplied, to strike deeper inside Russia — a move that drew an angry response from Moscow. Days later, Ukraine into Russia, according to the Kremlin. The same day, Putin 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 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 sent to the region. More than , 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
The health ministry in Hamas-run Gaza said Friday hospitals have only two days' fuel left before they must restrict services, after the UN warned aid delivery to the war-devastated territory is being crippled. The warning came a day after the International Criminal Court issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former defence minister Yoav Gallant more than a year into the Gaza war. The United Nations and others have repeatedly decried humanitarian conditions, particularly in northern Gaza where Israel said Friday it had killed two commanders involved in Hamas's October 7, 2023 attack that triggered the war. Gaza medics said an overnight Israeli raid on Beit Lahia and nearby Jabalia resulted in dozens killed or missing. Marwan al-Hams, director of Gaza's field hospitals, told reporters all hospitals in the Palestinian territory "will stop working or reduce their services within 48 hours due to the occupation's (Israel's) obstruction of fuel entry". World Health Organization chief Tedros Adhanom Ghebreyesus said Friday he was "deeply concerned about the safety and well-being of 80 patients, including 8 in the intensive care unit" at Kamal Adwan hospital, one of just two partly operating in northern Gaza. Late Thursday, the UN's humanitarian coordinator for the Palestinian territories, Muhannad Hadi, said: "The delivery of critical aid across Gaza, including food, water, fuel and medical supplies, is grinding to a halt." He said that for more than six weeks Israeli authorities "have been banning commercial imports" while "a surge in armed looting" has targeted aid convoys. Vowing to stop Hamas from regrouping, Israel on October 6 began an air and ground operation in Jabalia and then expanded it to Beit Lahia. Gaza's health ministry says the operation has killed thousands. The UN says more than 100,000 have been displaced from the area, and an official told the Security Council last week that people "are effectively starving". Issuing the warrants for Netanyahu and Gallant, the Hague-based ICC said there were "reasonable grounds" to believe they bore "criminal responsibility" for the war crime of starvation as a method of warfare, and crimes against humanity including over "the lack of food, water, electricity and fuel, and specific medical supplies". A furious Netanyahu said: "Israel rejects with disgust the absurd and false actions and accusations made against it." He said the judges were "driven by anti-Semitic hatred of Israel". On Friday, he thanked his Hungarian counterpart Viktor Orban for his show of "moral clarity" in inviting him to visit in defiance of the ICC warrant, which Orban branded "political". Hungary currently holds the rotating EU presidency. US President Joe Biden, whose country is Israel's top military supplier, called the warrants against Israeli leaders "outrageous", but other world leaders supported the court. Irish Prime Minister Simon Harris said Netanyahu would be arrested if he set foot in the country. Biden and French President Emmanuel Macron on Friday discussed efforts towards a ceasefire in Lebanon, the White House said. The ICC also issued a warrant for Hamas military chief Mohammed Deif, saying it had grounds to suspect him of war crimes and crimes against humanity over the attacks on Israel that sparked the war, and including "sexual and gender-based violence" against hostages. Israel said it killed Deif in July, but Hamas has not confirmed his death. On Thursday, a UN representative said an Israeli raid on Palmyra in Syria this week was "likely the deadliest" by Israel on the country so far. On Friday, a war monitor said the strikes killed 92 pro-Iran fighters. Israel again bombed Gaza on Friday. In Gaza City, just south of Jabalia, one man who said he took his cousins to hospital after a strike urged "the world... to put an end" to the war. Belal, who gave only his first name, said 10 members of his family had been killed. At least 44,056 people have been killed in Gaza during more than 13 months of war, most of them civilians, according to figures from Gaza's health ministry which the United Nations considers reliable. Hamas triggered the war with the deadliest attack in Israeli history, which resulted in the deaths of 1,206 people, mostly civilians, according to an AFP tally of Israeli official figures. The war expanded to Lebanon in late September when Israel escalated air strikes against Iran-backed Hezbollah and later sent ground troops into southern Lebanon, after nearly a year of tit-for-tat cross-border exchanges which Hezbollah said were in support of Hamas. Lebanon says more than 3,580 people have been killed in the country, most of them since late September. Israeli strikes again targeted Hezbollah's south Beirut stronghold and south Lebanon on Friday, the official National News Agency said. Thousands of UN peacekeepers are based in southern Lebanon and have reported coming under attack numerous times, blaming both Israel and "non-state" actors. On Friday, Italian Foreign Minister Antonio Tajani said Hezbollah was probably behind a rocket attack that lightly wounded four Italian peacekeepers. bur-ami/srm/kirHousing benefit payments to be frozen next yearSAN RAMON, Calif.--(BUSINESS WIRE)--Dec 5, 2024-- Chevron Corporation today announced an organic capital expenditure range of $14.5 to $15.5 billion for consolidated subsidiaries (capex) and an affiliate capital expenditure (affiliate capex) range of $1.7 to $2.0 billion for 2025. The company’s 2025 capex and affiliate capex budgets represent a $2 billion year-over-year reduction. "The 2025 capital budget along with our announced structural cost reductions demonstrate our commitment to cost and capital discipline," said Chevron Chairman and CEO Mike Wirth. "We continue to invest in high-return, lower-carbon projects that position the company to deliver free cash flow growth." Capex Upstream spending is expected to be about $13 billion, of which roughly two-thirds is allocated to develop Chevron’s U.S. portfolio. Permian Basin spend is lower than the 2024 budget and anticipated to be between $4.5 and $5.0 billion as production growth is reduced in favor of free cash flow. The remaining U.S. investment is split between the DJ Basin and the Gulf of Mexico, where deepwater growth projects continue to ramp and are expected to deliver offshore production of 300 mboed in 2026. In International, about $1.0 billion is allocated to Australia, which include Gorgon backfill investments. Downstream capex is expected to be approximately $1.2 billion, with two-thirds allocated to the U.S. Within total upstream and downstream budgets, about $1.5 billion of capex is dedicated to lowering the carbon intensity of our operations and growing New Energies businesses. Corporate and other capex is expected to be around $0.7 billion. Affiliate Capex Tengizchevroil LLP’s budget is less than half of the affiliate capex as the Future Growth Project is projected to achieve first oil in the first half of 2025. The remaining affiliate spend primarily supports Chevron Phillips Chemical Company LLC, which includes the Golden Triangle Polymers and Ras Laffan Petrochemical Projects. 4Q24 Interim Update In connection with recently announced plans to achieve $2 to $3 billion in structural cost reductions by the end of 2026, the Company expects to recognize a restructuring charge of $0.7 to $0.9 billion after-tax in the fourth quarter, with associated cash outflows over the next two years. The Company also anticipates recognizing non-cash, after-tax charges related to impairments, asset sales, and other obligations of $0.4 to $0.6 billion in the fourth quarter. The Company expects to treat these as special items and exclude them from adjusted earnings. It is possible that the financial impact of these items may differ from the estimates provided, including differences due to final accounting determinations, changes in facts, circumstances or assumptions or other developments in the interim. Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to enabling human progress. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We aim to grow our oil and gas business, lower the carbon intensity of our operations and grow lower carbon businesses in renewable fuels, carbon capture and offsets, hydrogen and other emerging technologies. More information about Chevron is available at www.chevron.com . NOTICE As used in this news release, the term “Chevron” and such terms as “the company,” “the corporation,” “our,” “we,” “us” and “its” may refer to Chevron Corporation, one or more of its consolidated subsidiaries, or to all of them taken as a whole. All of these terms are used for convenience only and are not intended as a precise description of any of the separate companies, each of which manages its own affairs. Structural cost reductions describe decreases in operating expenses from operational efficiencies, divestments, and other cost saving measures that are expected to be sustainable compared with 2024 levels. Please visit Chevron’s website and Investor Relations page at www.chevron.com and www.chevron.com/ investors, LinkedIn: www.linkedin.com/company/chevron , X: @Chevron, Facebook: www.facebook.com/ chevron, and Instagram: www.instagram.com/chevron , where Chevron often discloses important information about the company, its business, and its results of operations. CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 This news release contains forward-looking statements relating to Chevron’s operations and lower carbon strategy that are based on management’s current expectations, estimates, and projections about the petroleum, chemicals, and other energy-related industries. Words or phrases such as “anticipates,” “expects,” “intends,” “plans,” “targets,” “advances,” “commits,” “drives,” “aims,” “forecasts,” “projects,” “believes,” “approaches,” “seeks,” “schedules,” “estimates,” “positions,” “pursues,” “progress,” “may,” “can,” “could,” “should,” “will,” “budgets,” “outlook,” “trends,” “guidance,” “focus,” “on track,” “goals,” “objectives,” “strategies,” “opportunities,” “poised,” “potential,” “ambitions,” “aspires” and similar expressions, and variations or negatives of these words, are intended to identify such forward-looking statements, but not all forward-looking statements include such words. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties and other factors, many of which are beyond the company’s control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The reader should not place undue reliance on these forward-looking statements, which speak only as of the date of this report. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are: changing crude oil and natural gas prices and demand for the company’s products, and production curtailments due to market conditions; crude oil production quotas or other actions that might be imposed by the Organization of Petroleum Exporting Countries and other producing countries; technological advancements; changes to government policies in the countries in which the company operates; public health crises, such as pandemics and epidemics, and any related government policies and actions; disruptions in the company’s global supply chain, including supply chain constraints and escalation of the cost of goods and services; changing economic, regulatory and political environments in the various countries in which the company operates; general domestic and international economic, market and political conditions, including the military conflict between Russia and Ukraine, the conflict in Israel and the global response to these hostilities; changing refining, marketing and chemicals margins; the company’s ability to realize anticipated cost savings and efficiencies associated with enterprise structural cost reduction initiatives; the potential for gains and losses from asset dispositions or impairments; the possibility that future charges related to enterprise structural cost reduction initiatives, impairments and other obligations may be greater or different than anticipated, including as a result of unexpected or changed facts, circumstances and assumptions; actions of competitors or regulators; timing of exploration expenses; timing of crude oil liftings; the competitiveness of alternate-energy sources or product substitutes; development of large carbon capture and offset markets; the results of operations and financial condition of the company’s suppliers, vendors, partners and equity affiliates; the inability or failure of the company’s joint-venture partners to fund their share of operations and development activities; the potential failure to achieve expected net production from existing and future crude oil and natural gas development projects; potential delays in the development, construction or start-up of planned projects; the potential disruption or interruption of the company’s operations due to war, accidents, political events, civil unrest, severe weather, cyber threats, terrorist acts, or other natural or human causes beyond the company’s control; the potential liability for remedial actions or assessments under existing or future environmental regulations and litigation; significant operational, investment or product changes undertaken or required by existing or future environmental statutes and regulations, including international agreements and national or regional legislation and regulatory measures related to greenhouse gas emissions and climate change; the potential liability resulting from pending or future litigation; the risk that regulatory approvals and clearances related to the Hess Corporation (Hess) transaction are not obtained or are obtained subject to conditions that are not anticipated by the company and Hess; potential delays in consummating the Hess transaction, including as a result of the ongoing arbitration proceedings regarding preemptive rights in the Stabroek Block joint operating agreement; risks that such ongoing arbitration is not satisfactorily resolved and the potential transaction fails to be consummated; uncertainties as to whether the potential transaction, if consummated, will achieve its anticipated economic benefits, including as a result of risks associated with third party contracts containing material consent, anti-assignment, transfer or other provisions that may be related to the potential transaction that are not waived or otherwise satisfactorily resolved; the company’s ability to integrate Hess’ operations in a successful manner and in the expected time period; the possibility that any of the anticipated benefits and projected synergies of the potential transaction will not be realized or will not be realized within the expected time period; the company’s future acquisitions or dispositions of assets or shares or the delay or failure of such transactions to close based on required closing conditions; government mandated sales, divestitures, recapitalizations, taxes and tax audits, tariffs, sanctions, changes in fiscal terms or restrictions on scope of company operations; foreign currency movements compared with the U.S. dollar; higher inflation and related impacts; material reductions in corporate liquidity and access to debt markets; changes to the company’s capital allocation strategies; the effects of changed accounting rules under generally accepted accounting principles promulgated by rule-setting bodies; the company’s ability to identify and mitigate the risks and hazards inherent in operating in the global energy industry; and the factors set forth under the heading “Risk Factors” on pages 20 through 26 of the company’s 2023 Annual Report on Form 10-K and in subsequent filings with the U.S. Securities and Exchange Commission. Other unpredictable or unknown factors not discussed in this report could also have material adverse effects on forward-looking statements. View source version on businesswire.com : https://www.businesswire.com/news/home/20241205712836/en/ Randy Stuart -- +1 713-283-8609 KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: OIL/GAS ENERGY SOURCE: Chevron Corporation Copyright Business Wire 2024. PUB: 12/05/2024 04:15 PM/DISC: 12/05/2024 04:17 PM http://www.businesswire.com/news/home/20241205712836/en
Jared Isaacman on U.S. space competitiveness: ‘We can’t be second’