PTI distances itself from Bushra Bibi’s statement, calling it a “personal opinion”
The ( ) share price has had a torrid time in 2024, falling by more than 33%. But, do regularly go through cycles, so it's possible the iron ore price could bounce back in 2025. It's impossible to predict with certainty how long the iron ore price cycle will remain deflated. China is the dominant buyer of iron ore, so the Asian superpower is a major influence on what will happen next for iron ore miners and, specifically, Fortescue shares. Let's look at the latest going on with the iron ore market for an indication of what's been happening recently. According to , the iron ore price climbed above US$106 per tonne in early December, supported by the belief of some that China will launch more financial stimulus measures during important political meetings this month. Trading Economics reported that the to "skip a readout of its regular November meeting has fuelled speculation that stimulus support could be on its way". This, as the world's second-largest economy "braces for the return of [incoming US president] Donald Trump". Trump has threatened to initiate import tariffs, including a possible on a bloc of nine nations in the Brics alliance. Turning to commentary on the steel market, Trading Economics said strong steel exports and destocking in China have also boosted steel margins, which is supporting higher production. The economics website also reported that the latest Chinese data revealed that Chinese manufacturing activity expanded for the second consecutive month in November, "further strengthening the demand outlook for iron ore." According to its global macro models and analyst expectations, the iron ore price is projected to be US$103.91 by the end of this quarter and US$97.09 in a year's time. It's notoriously difficult to predict with any certainty what will happen with the ASX mining share, but there are predictions out there. The broker UBS is pessimistic about where the Fortescue share price may trade over the next year. UBS currently has a sell rating on the ASX iron ore share, with a price target of $17.60. This implies the broker believes Fortescue shares could decline 10% within the next year. The broker adverse weather. Additionally, the sold price for its iron ore was "weaker than expected". UBS had this to say about what's next and the key catalysts for the foreseeable future: 1) Iron ore: China's policy pivot remains key, with more support expected. We do not expect a large, steel intensive stimulus, and forecast US$100/95/90t for iron ore prices [in] 2025/26/27. 2) Dec-Q: Given lower production, higher strip, higher cost; the Dec-Q takes on increased significance to determine if FY25 guidance can be met. 3) Iron Bridge: realised price will be watched given weakness mid-year. 4) Energy: FIDs [final investment decisions] [are] unlikely on major projects until the appropriate policy settings are in place. UBS has also made some projections of what financials Fortescue may achieve in the current financial years. The broker suggested and a per share of 86 cents. That projected dividend translates into a fully franked of 4.4% and a grossed-up dividend yield of 6.3%, including , at the current Fortescue share price.
OTTAWA — The Atlantic Liberal caucus is calling on Prime Minister Justin Trudeau to resign as party leader in a letter expressing "deep concern" about the future of government. The letter dated Dec. 23 was shared publicly Sunday by New Brunswick MP Wayne Long, who has been saying since the fall that Trudeau should step down. Long wrote in a Facebook post that he shared the letter for "openness and transparency." "If we are to have any chance in the next election, and prevent a Pierre Poilievre government, we need new leadership with a new vision for our party and the country," Long wrote. Atlantic caucus chair and Nova Scotia MP Kody Blois penned the letter, saying it is no longer "tenable" for Trudeau to continue to lead the party. The letter notes that the country faces "instability" amid U.S. president-elect Donald Trump's tariff threats and signals from opposition parties that they will declare non-confidence in Trudeau's government at the first opportunity. The letter thanks Trudeau for his nine years of service as prime minister, saying he leaves a "positive and consequential legacy." It cautions Trudeau that could be undone if he stays on as leader. The letter comes less than two weeks after Chrystia Freeland's resignation from Trudeau's cabinet as finance minister and deputy prime minister. "Our colleagues this morning expressed their deep personal affection for you, their pride in our work as a Liberal team, but also their deep concern that without a leadership change that progress will be lost under a Pierre Poilievre-lead government," Blois wrote to Trudeau. The letter concludes with a call for a national caucus meeting in early January so the Liberal MPs can discuss their next steps. Blois did not respond immediately to a request for comment. Trudeau is said to be thinking about his future during the holiday break. Conservative MP John Williamson said Friday he plans to introduce a non-confidence motion at the next public accounts committee meeting on Jan. 7. If that motion is successful at committee, it would be forwarded to the House of Commons and could be voted on as soon as Jan. 30, triggering an election if it passes. The Conservatives brought forward three non-confidence motions during the fall sitting of the House of Commons, which the Liberals survived thanks to support from the NDP. However, NDP Leader Jagmeet Singh now says that his party has lost confidence in the government and intends to bring forward a non-confidence motion in the new year, regardless of who is Liberal leader. This report by The Canadian Press was first published Dec. 29, 2024. David Baxter, The Canadian PressRavens claim WR/PR Steven Sims off of waiversLong Island Criminal Lawyer Jason Bassett Released an Article Discussing What Probation Officers Cannot Do
‘Not good for tax policy’: Economists question rationale of Ottawa’s new stimulus packageMANCHESTER — Carter Heise made a memorable first impression. During the Concord High School boys hockey team’s first few practices this winter, the freshman goaltender turned away nearly every shot he faced. Heise has done more of the same through his first three starts, most recently in Concord’s 3-1 victory over Exeter in the Brian C. Stone Memorial Christmas Hockey Tournament championship game. Heise made 16 saves, including seven in the third period, on Saturday night at JFK Coliseum. Heise, who also earned the win in Concord’s 7-1 triumph over Manchester to open the tournament, was named the George “Butch” Joseph MVP after the final. “You can just tell he’s played at a high level growing up,” Concord coach Dunc Walsh said. “He’s just really aggressive and he plays the puck ... You can tell how confident he is.” Outside of the high school season, Heise plays for the Canton, Mass.-based Neponset Valley River Rats 14U team, which is currently ranked seventh in the country among 14U teams. Heise, who is 5-foot-9, 130 pounds, started in Concord’s 4-1 NHIAA Division I season-opening win at Bow. “I learned a lot from that experience with my other team and I’m trying to bring it here,” Heise said. “Obviously, I’m not a veteran but I’m trying to bring what I learned from my other team and what had success over there. I’m trying to convert that to the high school level and trying to help our younger players and everybody just become closer together.” Concord senior defenseman Cam Chandonnet said the team has two great goaltenders in Heise and junior Luukas Mayer. Mayer, who is 6-foot-2, 230 pounds, got the shutout win in the Crimson Tide’s 4-0 tournament semifinal victory over Goffstown on Friday and started in their 4-1 Division I triumph over Windham on Dec. 21. Heise said while Mayer is much bigger and taller than him, watching Mayer has helped him work on his positioning in goal. The two give each other advice, which ultimately makes the team stronger, Heise said. The defensemen know that they can rely on both netminders to be their backbone, Chandonnet said. “It’s great having two key players that can help you out on the back end,” said Chandonnet. “They’re great goalies. They’re great kids.” Chandonnet opened the championship game’s scoring with his power play goal from the high slot with 2:46 left in the second period. The All-Tournament team selection went top shelf over the stick-side shoulder of Exeter senior goaltender Logan Dixon (19 saves). The Crimson Tide then scored twice over the opening 3:12 of the third period on a shorthanded goal by senior captain Trevor Craigue and Tyler Mayo’s redirect of a Finn Gfroerer blast from the right point. Exeter got on the board with 23 seconds remaining, when senior forward Chase Barbour scored a power play goal while the Blue Hawks had a 6-on-4 skating advantage. Exeter pulled Dixon for the extra skater while on the power play with about three minutes left and put heavy pressure on Heise from then on. “He’s a good goalie,” Walsh said of Heise. “He played excellent.” All-Tournament Team : Tyler Lessard, forward, Goffstown; Owen Webber, forward, Bow; West Vaillant, forward, Exeter; Cam Chandonnet, defense, Concord; Chad Lariviere, forward, Concord. George “Butch” Joseph MVP : Carter Heise, goalie, Concord. ahall@unionleader.com
The Tampa Bay Rays have had six of their 2025 regular-season games shifted to the early season due to weather issues from playing outside, Major League Baseball announced Monday. The Rays' usual home, domed Tropicana Field, was damaged by Hurricane Milton last month with almost all of its roof shredded and no possibility of playing there next year. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.VANCOUVER - The B.C. Court of Appeal says a law passed by the provincial government to stave off opposition to a supportive housing development in the Vancouver neighbourhood of Kitsilano is unconstitutional. Read this article for free: Already have an account? To continue reading, please subscribe: * VANCOUVER - The B.C. Court of Appeal says a law passed by the provincial government to stave off opposition to a supportive housing development in the Vancouver neighbourhood of Kitsilano is unconstitutional. Read unlimited articles for free today: Already have an account? VANCOUVER – The B.C. Court of Appeal says a law passed by the provincial government to stave off opposition to a supportive housing development in the Vancouver neighbourhood of Kitsilano is unconstitutional. The provincial government had adopted the law at the request of the City of Vancouver in 2023 to push through a 12-storey housing development at Arbutus Street, featuring units open to low‐income residents and users of support services. But the Arbutus development has been opposed by the Kitsilano Coalition for Children & Family Safety Society, which took the city to court over its in-principle approval of a rezoning to allow the project to go ahead. Monday’s ruling says the provincial government “evidently became concerned” the litigation could delay the rezoning, so it passed the Municipal Enabling and Validating Act to facilitate the project. The B.C. Supreme Court upheld the law in November last year, but the community group appealed, arguing the law crossed the line in bypassing the court’s “supervisory role” enshrined by Constitution. The new ruling says the legislation “amounted to interference” with the court’s adjudicative role. It says the case isn’t about whether the housing crisis “requires action or whether the proposed development should proceed” — the “sole issue” is whether the province infringed upon the role of the court. The City of Vancouver said in a statement that it was reviewing the decision, although it was not a party to the appeal. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. Neither the coalition nor the Housing Ministry immediately provided a response to the ruling. This report by The Canadian Press was first published Dec. 23, 2024. Advertisement Advertisement
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Tyler Johnson scores 26 to lead Mercer to 89-83 victory over Stetson in OTGazing through a camera lens beats staring down an empty bottle. That’s one fine insight you’ll receive from talking with Garry Waldram. The retired Rutherglen resident is well-known around Bonfield and throughout the region for his awesome nature photography, particularly when he turns his lens to our feathered friends. What most don’t know is how photography helped Waldram put away the booze, which was a big problem for him. “Alcohol was my way of coping,” Waldram said, “It got to the point where I had to seek help, and it was at that point that I decided that photography was what I wanted to do to help myself.” Born and raised in Hamilton, Waldram came of working age in the 80s, “And the recession was going so Stelco and Dofasco weren’t hiring.” He did a couple of years at McMaster before turning to the mills for work, but that wasn’t a fit, either. “That’s why I joined the military,” Waldram said. He served in the Navy from 1982 to 2006. After duty in the regular force, he did several more years as a full-time reservist with two years in Halifax and three years in North Bay at the National Recruiting Contact Centre (before it closed) between 2012 and 2015. That last stop is why Waldram remains in the area today. Waldren put in two tours to Afghanistan, one to Kandahar and the other to Kabul, where he worked at home leave travel assistance – booking travel home for soldiers to see their families. He also went back to Afghanistan for a time to work alongside the military with a civilian organization. He spent almost 13 years “attached to ships,” during his time in the Navy, mostly deployed on NATO exercises oversees. The list of places those ships brought him to is too long to list – Spain, France, Germany, Scotland – the list is long, and the sights were vast. To paraphrase the old song, he’s been everywhere. But some of those stops and travels stuck with Waldram in a bad way. “It did affect me, and I was going through some issues with mental health and PTSD.” In the early phases of these illnesses, Waldram figured he was in a depression, but after working with psychologists and psychotherapists with Veterans Affairs, he was diagnosed with post-traumatic stress disorder as well. He’s been working the Veterans Affairs’ rehabilitation program, and “It’s really been helpful to me. I haven’t had a drink in over three and half years.” Waldram is very open about his past, as he knows others may have similar stories. And his tale of overcoming the bottle might inspire others to conquer the same battle. “I mean if I can help somebody, I have no problem telling my story.” “I don’t feel like I’m addicted to photography,” Waldram joked, “although I do spend an awful lot of time doing it, but I don’t think it’s detrimental to my health.” Indeed, almost daily Waldram grabs his gear and heads out into the wilds of Rutherglen, or wherever the birds might be. He prefers photographing nature, with birds being his favourite subjects. It’s not unusual to find him in kayak, loaded with long lenses and Nikon cameras, waiting for the perfect shot of a mallard or merganser. Nature has always cast a spell for him, and when he was younger, he was an ace athlete, part of the Hamilton Water Polo Club, which also led him to McMaster, as it had the top water polo team in the country then. So being out in the bush and on the ponds and lakes suits Waldram just fine in his older years, camera in hand, waiting for the ideal light for the perfect shot – “And wildlife doesn’t always give you the opportunity,” for the perfect shot, he added. Waldram keeps tabs on migration patterns, and often has his nose in a field guide, but one very useful tool in his arsenal is a phone app called Merlin. He raved, “It’s an amazing app because you can put it on audio ID, and it will identify birds by their songs or calls.” He’s also joined the Nipissing Naturalist Club to get out with other members of the Bird Wing Group and share insights into bird watching and photography. Each month they have a “bird bash” and hit the woods with binoculars and cameras in hand. As for the birds, owls are the trickiest to capture in a photo, Waldram noted. He’s travelled to the Ottawa area to get a good shot of a snowy owl. The Northern Saw-whet owl is the most common owl in Canada, Waldram added, but if you can capture it on film, you should also buy a lottery ticket, because the elusive species has yet to be crossed off Waldram’s list. It’s not unusual for Waldram to travel the region for photos, and last winter, he even packed his cameras and went to Costa Rica for a bird tour. Apparently, these tours are quite popular, with plenty of destinations to choose from. He plans to return this coming March, and capture some of the 900 bird species that call Costa Rica home. Waldram posts photos to his social media page and they are always well-received by the community. It’s been an interesting journey, as before he stopped drinking, he didn’t even think about photography, and over a short period of time, he’s taken wholeheartedly to the hobby. As for posting his photos, “The comments I get from the people are wonderful, because you know there’s so much negativity in the media today, and people on social media are always complaining.” “I just think it’s amazing that I can put my photos out there and make people happy.” To see more of Waldram’s photos, learn more about his work, or pick up print, visit his site Big Bear Adventure Photography at . He’s also working towards taking out small groups on photography tours, so stay tuned for that. David Briggs is a Local Journalism Initiative reporter who works out of BayToday, a publication of Village Media. The Local Journalism Initiative is funded by the Government of Canada.
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