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Wake Forest still experimenting ahead of Detroit Mercy gameMAPUTO, Mozambique (AP) — Violence that engulfed Mozambique after the country's highest court confirmed ruling Frelimo party presidential candidate Daniel Chapo as the winner of disputed Oct. 9 elections killed at least 21 people, including two police officers, authorities said Tuesday. Mozambique Interior Minister Pascoal Ronda told a news conference in Maputo late Tuesday that a wave of violence and looting was sparked by the court's announcement a day earlier. He said it was led by mostly youthful supporters of losing candidate Venancio Mondlane, who received 24% of the vote, second to Chapo, who got 65%. “From the preliminary survey, in the last 24 hours, 236 acts of violence were recorded throughout the national territory that resulted in 21 deaths, of which two members of the Police of the Republic of Mozambique also died," Ronda said. He said 13 civilians and 12 police were injured. Ronda said 25 vehicles were set on fire, including two police vehicles. He added that 11 police subunits and a penitentiary were attacked and vandalized and 86 inmates were freed. Tensions were high in the country ahead of the The Constitutional Council ruling on Monday and violent protests started immediately after the announcement was made. Footage circulating on various social media platforms showed protesters burning and looting shops in the capital Maputo and the city of Beira, where some city officials were reported to have fled the city. Mondlane has called for a “shutdown” starting Friday but violence in the country has already escalated and the situation remained tense in the capital on Tuesday night following a day of violence and looting by protesters. The country of 34 million people has been on edge since the Oct. 9 general elections . Mondlane’s supporters, mostly hundreds of thousands of young people, have since taken to the streets, and have been met by gunfire from security forces. This brings to more than 150 the number of people who have died from post-election violence since the initial results were announced by the country's electoral body.
Greg Gumbel, a longtime CBS sportscaster, has died from cancer, according to a statement from family released by CBS on Friday. He was 78. “He leaves behind a legacy of love, inspiration and dedication to over 50 extraordinary years in the sports broadcast industry; and his iconic voice will never be forgotten,” his wife Marcy Gumbel and daughter Michelle Gumbel said in a statement. In March, Gumbel missed his first NCAA Tournament since 1997 due to what he said at the time were family health issues. Gumbel was the studio host for CBS since returning to the network from NBC in 1998. Gumbel signed an extension with CBS last year that allowed him to continue hosting college basketball while stepping back from NFL announcing duties. In 2001, he announced Super Bowl XXXV for CBS, becoming the first Black announcer in the U.S. to call play-by-play of a major sports championship. David Berson, president and CEO of CBS Sports, described Greg Gumbel as breaking barriers and setting standards for others during his years as a voice for fans in sports, including in the NFL and March Madness. “A tremendous broadcaster and gifted storyteller, Greg led one of the most remarkable and groundbreaking sports broadcasting careers of all time," said Berson. RELATED STORY | Richard Parsons, prominent executive who led Time Warner and Citigroup, dies at 76 Gumbel had two stints at CBS, leaving the network for NBC when it lost football in 1994 and returning when it regained the contract in 1998. He hosted CBS’ coverage of the 1992 and 1994 Winter Olympics and called Major League Baseball games during its four-year run broadcasting the national pastime. But it was football and basketball where he was best known and made his biggest impact. Gumbel hosted CBS’ NFL studio show, “The NFL Today” from 1990 to 1993 and again in 2004. He also called NFL games as the network’s lead play-by-play announcer from 1998 to 2003, including Super Bowl XXXV and XXXVIII. He returned to the NFL booth in 2005, leaving that role after the 2022 season.
Duncan’s only movie theatre reopens under new name, managementNEW YORK — Stocks fell broadly on Dec. 27 as Wall Street closed out a holiday-shortened week on a down note. The losses were made worse Friday by sharp declines for the so-called Big Tech stocks known as the "Magnificent 7", which can heavily influence the direction of the market because of their size. The S&P 500 fell 1.1 percent, with roughly 90 percent of stocks in the benchmark index lost ground. Still, it managed to hold onto a modest gain of 0.7 percent for the week. The Dow Jones Industrial Average fell 0.8 percent, while the tech-heavy Nasdaq composite bore the brunt of the sell-off with a 1.5 percent drop. Semiconductor giant Nvidia slumped 2.1 percent. Microsoft declined 1.7 percent. Each has a market value above $3 trillion, giving the companies outsized sway on the S&P 500 and the Nasdaq. A wide range of retailers also fell. Amazon gave up 1.5 percent and Best Buy slipped 1.5 percent. The sector is being closely watched for clues on how it performed during the holiday shopping season. Energy stocks held up better than the rest of the market, with a loss of less than 0.1 percent as crude oil prices rose. "There's just some uncertainty over this relief rally we've witnessed since last week," said Adam Turnquist, chief technical strategist for LPL Financial. The S&P 500 gained nearly 3 percent over a 3-day stretch before breaking for the Christmas holiday. On Thursday, the index posted a small decline. Despite Friday's drop, the market is moving closer to another standout annual finish. The S&P 500 is on track for a gain of around 25 percent in 2024. That would mark a second consecutive yearly gain of more than 20 percent, the first time that has happened since 1997-98. The gains have been driven partly by upbeat economic data showing that consumers continued spending and the labor market remained strong. Inflation, while still high, has also been steadily easing. A report on Friday showed that sales and inventory estimates for the wholesales trade industry fell 0.2 percent in November, following a slight gain in October. That weaker-than-expected report follows an update on the labor market Thursday that showed unemployment benefits held steady last week. The stream of upbeat economic data and easing inflation helped prompt a reversal in the Federal Reserve's interest rate policy this year. Expectations for interest rate cuts also helped drive market gains. The central bank recently delivered its third reduction for 2024. Even though inflation has come closer to the central bank's target of 2 percent, it remains stubbornly above that mark. And worries about prices heating up again have tempered the forecast for more interest rate cuts. Inflation concerns have added to uncertainties heading into 2025, which include the labor market's path ahead and shifting economic policies under incoming President Donald Trump. Worries have risen that Trump's preference for tariffs and other policies could lead to higher inflation, a bigger U.S. government debt and difficulties for global trade. Amedisys rose 4.7 percent after the home health care and hospice services provider agreed to extend the deadline for its sale to UnitedHealth Group. The Justice Department had sued to block the $3.3 billion deal, citing concerns the combination would hinder access to home health and hospice services in the U.S. The move to extend the deadline comes ahead of an expected shift in regulatory policy under Trump. The incoming administration is expected to have a more permissive approach to dealmaking and is less likely to raise antitrust concerns. In Asia, Japan's benchmark index surged as the yen remained weak against the dollar. Stocks in South Korea fell after the main opposition party voted to impeach the country's acting leader. Markets in Europe gained ground. Bond yields in the U.S. held relatively steady. The yield on the 10-year Treasury rose to 4.62 percent from 4.59 percent late Thursday. The yield on the two-year Treasury remained at 4.33 percent from late Thursday. Wall Street will have more economic updates to look forward to next week, including reports on pending home sales and home prices. Other reports will will provide a U.S. construction spending update and snapshots of manufacturing activity.
( MENAFN - Daily News Egypt) Damietta Port's new container terminal is nearing completion, with operational trials set to begin immediately after phase one is finished, according to officials. Egypt's Prime Minister Mostafa Madbouly and Vice Prime Minister for Industrial Development and Minister of industry and transport Kamel El-Wazir recently inspected the project, currently under development by Modern Engineering Pioneers in partnership with Damietta Alliance. Mohamed Mohleb, CEO of Modern Engineering Pioneers, briefed Madbouly, El-Wazir, Damietta governorate leaders, and members of the House of Representatives and Senate on the project's progress. He stated that operational trials will commence upon completion of phase one. The 930,000-square-metre project, built under the LEED system for environmentally sustainable buildings, includes multiple port service buildings and incorporates eco-friendly management and handling systems. Funded by international development banks, the terminal adheres to environmental and sustainability standards, considering the surrounding ecosystem. Mohleb emphasised that the Tahya Misr 1 container terminal is equipped with the latest eco-friendly technology, aligning with Egypt's 2030 Sustainable Development Vision and aiming to reduce carbon emissions. The terminal features cutting-edge technology, including Shore to Ship (STS) cranes for handling the largest vessels in the region, and Rubber Tyred Gantry (RTG) cranes capable of stacking containers six units high. This project marks Modern Engineering Pioneers' third container terminal, following successful projects at Sokhna Port and Algiers Port. The project's partnership with Damietta Alliance Container Terminals-a consortium including Eurogate (Germany), Contship (Italy), and Hapag-Lloyd (Global)-reflects the ministry's strategy to attract leading global operators to invest in Egyptian ports. Mohleb projected the terminal will significantly enhance Damietta's position as a global transit trade hub, creating a logistics centre with an annual capacity of 3.3 million TEUs (Twenty-Foot Equivalent Units). He anticipates 80% of capacity will be dedicated to transit trade, with the remaining 20% for domestic trade. The project is also expected to generate numerous job opportunities during both construction and operation. MENAFN30112024000153011029ID1108941846 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Bengals keep confidence and playoff hopes high as they head for a showdown with PittsburghRahat Fateh Ali Khan meets MS Dhoni at recent event
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BBC pundit Shaun Murphy accuses Mark Allen of 'old-school tactic' to unsettle opponent in gruelling UK Championship semi-finalGAZA, — An Israeli airstrike on a car in the Gaza Strip on Saturday killed five people, a senior Palestinian health official said. Three of them were said to be employees of the charity World Central Kitchen , whose aid delivery efforts in the war-ravaged territory were temporarily suspended earlier this year after an Israeli strike killed seven of its workers, most of them foreigners. World Central Kitchen could not immediately be reached for comment, and it did not mention the deaths on social media. The Israeli military said it struck a wanted militant who had been involved in the Hamas attack that sparked the war. In a later statement, it said that the alleged attacker had worked with WCK and it asked “senior officials from the international community and the WCK administration to clarify" how that had come about. The violence in Gaza rages on even as a ceasefire between Israel and Hezbollah appears to be holding, despite sporadic episodes that have tested its fragility. Israel on Saturday struck what it said were Hezbollah weapons smuggling sites along Syria's border with Lebanon. The strike on the vehicle in Gaza was the latest in what aid agencies have described as the dangerous work of delivering aid in Gaza , where the war has sparked a humanitarian crisis that has displaced much of the territory's 2.3 million population and triggered widespread hunger. World Central Kitchen provides freshly prepared meals to people in need following natural disasters or to those enduring conflict. Its teams have fanned out in Gaza and across Israel and Lebanon since the war began and have often served as a lifeline for people in Gaza who have struggled to feed themselves and their families. Palestinian health official Muneer Alboursh confirmed the strike, and an aid worker in Gaza confirmed that three killed were workers with the WCK. The aid worker spoke on condition of anonymity because he wasn't authorized to speak with the media. At Nasser Hospital in the southern Gaza city of Khan Younis, a woman held up an employee badge bearing the WCK logo, the word “contractor” and the name of a man said to have been killed in the strike. A heap of belongings — burned phones, a watch and stickers with the WCK logo — lay splayed on the hospital floor. Nazmi Ahmed said his nephew worked for WCK for the past year. He said he was driving to the charity's kitchens and warehouses. “Today, he went out as usual to work ... and was targeted without prior warning and without any reason,” Ahmed said. In April, a strike on a WCK aid convoy killed seven workers — three British citizens, Polish and Australian nationals, a Canadian-American dual national and a Palestinian. The Israeli military said the strike was a mistake. The strike prompted an international outcry and the suspension of aid to Gaza for a a brief period by several aid groups, including WCK. Another Palestinian WCK worker was killed in August by shrapnel from an Israeli airstrike, the group said. The war in Gaza was triggered by Hamas’ October 2023 attack, when militants killed 1,200 people, mostly civilians, and took some 250 hostage. Israel’s retaliatory offensive has killed more than 44,000 Palestinians, according to local health officials, who do not distinguish between civilians and combatants in their count but say more than half the dead were women and children. Efforts to secure a ceasefire between Israel and Hamas have faltered repeatedly. But the U.S.- and France-brokered deal for Lebanon appears to holding after it took effect on Wednesday. Still, Israel has accused Hezbollah of violating the ceasefire and Lebanon has accused Israel of the same. On Saturday, Israel's military said it struck sites that had been used to smuggle weapons from Syria to Lebanon after the ceasefire took effect, which the military called a violation of its terms. There was no immediate comment from Syrian authorities or activists monitoring the conflict in that country. Hezbollah did not immediately comment. Israeli aircraft have struck Hezbollah targets in Lebanon, citing ceasefire violations, several times since the truce began. The Israeli strike in Syria came as insurgents there breached the country's largest city, Aleppo, in a shock offensive that added fresh uncertainty to a region reeling from multiple wars. The truce between Israel and the Iran-backed Hezbollah calls for an initial two-month ceasefire in which the militants are to withdraw north of Lebanon's Litani River and Israeli forces are to return to their side of the border. Many Lebanese, some of the 1.2 million displaced in the conflict, were streaming south to their homes , despite warnings by the Israeli and Lebanese militaries to stay away from certain areas. Lebanon’s state-run National News Agency reported that an Israeli drone attacked a car in the southern village of Majdal Zoun. Lebanon’s Health Ministry said three people were wounded, including a 7-year-old child. Majdal Zoun, near the Mediterranean Sea, is close to where Israeli troops still have a presence. Israel's military said earlier Saturday that its forces, who remain in southern Lebanon until they withdraw gradually over the 60-day ceasefire period, had been operating to distance “suspects” in the region, without elaborating, and said troops had located and seized weapons found hidden in a mosque. Israel says it reserves the right under the ceasefire to strike against any perceived violations. Israel has made returning the tens of thousands of displaced Israelis home the goal of the war with Hezbollah but Israelis, concerned that Hezbollah has not been deterred and could still attack northern communities, have been apprehensive about returning home . Hezbollah began attacking Israel on Oct. 8, 2023, in solidarity with the Palestinian militant group Hamas and its assault on southern Israel the day before. Israel and Hezbollah kept up a low-level conflict of cross-border fire for nearly a year, until Israel escalated its fight with a sophisticated attack that detonated hundreds of pagers and walkie-talkies used by Hezbollah fighters. It followed that up with an intense aerial bombardment campaign against Hezbollah assets, killing many of its top leaders including longtime chief Hassan Nasrallah , and it launched a ground invasion in early October. More than 3,760 people have been killed by Israeli fire in Lebanon during the conflict, many of them civilians, according to Lebanese health officials. The fighting killed more than 70 people in Israel — over half of them civilians — as well as dozens of Israeli soldiers fighting in southern Lebanon. ___ Goldenberg reported from Tel Aviv, Israel, and Mroue reported from Beirut. Mohammad Jahjouh in Khan Younis, Gaza Strip, contributed.
Vegetables and spices saw a steep increase in spending across both rural and urban areas during August 2023 to July 2024 , compared to the previous year, driven largely by inflation . Overall, food expenditure grew at a faster rate than non-food items, according to the Household Consumption Expenditure Survey (HCES) 2023-24. ET takes a closer look at the data. ET Year-end Special Reads What kept India's stock market investors on toes in 2024? India's car race: How far EVs went in 2024 Investing in 2025: Six wealth management trends to watch out for Higher growth in food expenditure driven by inflation Vegetable spending & urban-rural spending gap Change in average MPCE Nominations for ET MSME Awards are now open. The last day to apply is December 31, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award. (You can now subscribe to our Economic Times WhatsApp channel )AP Trending SummaryBrief at 5:52 p.m. EST
NEW ORLEANS (AP) — Aidan O'Connell and the Las Vegas Raiders played with a lot of energy — and looked pretty sharp — for a last-place team that had every excuse to be sluggish and sleep-deprived. O'Connell passed for two touchdowns, tight end Brock Bowers broke two rookie NFL records , and the Raiders won for just the fourth time this season, 25-10 over the struggling New Orleans Saints on Sunday. The convincing victory came after flight delays so long on Saturday that players didn't get into their New Orleans hotel until after midnight — less than 12 hours before kickoff. “These guys didn’t blink, flinch," Raiders coach Antonio Pierce said with a satisfied grin. "We got in at 1 o'clock in the morning, got up this morning and rolled.” Bowers' seven catches for 77 yards gave him 108 receptions for 1,144 yards this season, eclipsing Mike Ditka's 1961 rookie tight end mark of 1,067 yards receiving and Puka Nacua's 2023 mark of 105 catches by a rookie at any position. Bowers also surpassed Darren Waller's franchise mark of 107 receptions in a season, which had stood since 2020. “It's pretty shocking to me,” Bowers said of his records, saying he had “no clue what to expect, coming from college to the NFL.” Ameer Abdullah rushed for 115 yards for the Raiders (4-12) — the journeyman running back's first 100-yard game in his 10 NFL seasons. “I'm not surprised by it,” Abdullah said. “I put a lot of work in. I'm very consistent. ... I'm happy for it, but I still think there's a lot more out there for me.” O'Connell finished with 242 yards passing, including a 3-yard TD pass to Jakobi Meyers and an 18-yarder to Tre Tucker as the Raiders won their second straight on the heels of a 10-game skid. “Better late than never,” O'Connell said. “We have a resilient bunch of guys and I'm sure it was probably harder for people to believe that when we were losing a lot of games.” Daniel Carlson kicked four field goals — his longest from 54 yards — for Las Vegas. With former Raiders QB Derek Carr unable to suit up for the Saints (5-11) because of his injured left, non-throwing hand, rookie Spencer Rattler received his fifth career start. He remained winless as a starter after completing 20 of 36 passes for 218 yards and one TD with two interceptions. Saints interim coach Darren Rizzi cited dropped passes, untimely penalties and breakdowns in pass blocking as the leading causes of his team's offensive anemia. “I felt like Spencer really never got settled in there, and he was moving around,” Rizzi said. “And he made some plays moving around, to his credit.” Rattler also rushed for 46 yards to finish as New Orleans' leading rusher for a second straight week. “It’s no secret our team is in a dark time right now,” Saints linebacker Demario Davis said. The Saints used trickery to take an early 7-3 lead . Running back Kendre Miller took what looked like a toss sweep to the right before throwing a lateral back to his left, where Rattler caught it and threw 30 yards downfield to wide-open tight end Foster Moreau in the end zone. Las Vegas moved in front for good on O'Connell's short scoring pass to Meyers with a minute left in the second quarter. Travel trouble After congregating for their flight on Saturday, only to learn of mechanical issues with their plane, Raiders players were sent home for several hours. “It was pretty weird,” O’Connell said. “I kind of got back home and my wife and my dog both looked at me like, ‘What are you doing here?’ It was fun to be home for an extra couple hours but last night was a late night.” The Raiders returned to team headquarters for meetings that normally would have been held in their New Orleans hotel before finally flying two times zones east. “It was kind of funny when we came in this morning," O'Connell said. “It was really a lot of juice from a lot of guys that I think kind of saw it as a challenge and tried to just enjoy it.” Injuries Saints: Miller left the game with concussion symptoms in the second quarter. LB Jaylan Ford appeared to seriously injure his lower right leg on punt coverage in the fourth quarter. DE Payton Turner left with an ankle injury. WR Marquez Valdes-Scantling briefly went down, but walked off on his own, after a hard collision over the middle. Up next Raiders: Host the Los Angeles Chargers on Sunday. Saints: Visit Tampa Bay on Sunday. ___ AP NFL: https://apnews.com/hub/nfl Brett Martel, The Associated PressHeavy travel day starts with brief grounding of all American Airlines flights