
MMA Global Announces the SMARTIESTM X Global & North America 2024 Winners: A Celebration of Marketing Excellence – Pushing Innovative Boundaries on the Global StageNew Delhi India’s economy will regain its higher growth momentum in the third quarter and achieve the estimated growth rate to remain the world’s fastest growing economy in 2024-25, commerce and industry minister Piyush Goyal said on Thursday. Asked whether the Q2 GDP numbers worried him at the India Economic Conclave organised by the Times Network, the minister said: “Well, I think, governments don’t run ‘quarter se quarter tak’ [from one quarter to another],” and added that the blip was due to the “lag effect” of elections in the first quarter, which is now passé. He said during the election, policy making and implementations of projects slowed and there was a lag effect. But, “the initial numbers for this quarter, the 3rd quarter show a pick-up” , he added. The official data released on November 29 showed GDP growth rate slowing down to a seven-quarter low at 5.4% in Q2 of FY25. While the Reserve Bank of India (RBI) on December 6 accepted that the real GDP in Q2 was “much lower than anticipated” it cited high frequency indicators to conclude that the slowdown in domestic economic activities had already bottomed out “aided by strong festive demand and a pick-up in rural activities”. The RBI on December 6 projected the real GDP growth for 2024-25 at 6.6%, with Q3 at 6.8% and Q4 at 7.2%. “The way banks are now seeing traction back again, the way infrastructure spending has come back on track, I think, by the time we close the year in March, we’ll be back on track,” Goyal said. He said India will remain the fastest growing major economy of the world this fiscal year despite global challenges. Addressing the same concern of moderate GDP growth in Q2 at a separate forum on Thursday, Chief Economic Advisor V Anantha Nageswaran said India is on track to achieving the projected 6.5-7% growth in 2024-25. An uncertain global economic environment is an enduring challenge for India and the country needs to double down on domestic efforts to navigate the uncertainties, he said at the CII’s Global Economic Policy Forum. Nageswaran expressed optimism that private sector participation would rise in the next five years due to improved balance sheets and profitability. He enumerated certain critical drivers to sustain growth towards ‘Viksit Bharat’ by 2047 -- generating productive employment, addressing the skill gap challenge, tapping into the full potential of the agriculture sector, enhancing India’s manufacturing through deregulation, managing India’s energy security and transition, balancing rural-urban development, continuing support to high-quality capital expenditure, and making ‘Make in India’ synonymous with high quality through innovation. India is negotiating two FTAs with European entities -- one with the United Kingdom (UK) and the other with the European Union (EU), a group of 27 countries. According to a commerce ministry statement issued on Thursday, Goyal interacted with ambassadors of a European Commission delegation -- Austria, Belgium, Bulgaria, Czech Republic, Estonia, Italy, Ireland, Latvia, Lithuania, Malta, Poland, Portugal, Romania, Slovak Republic, Spain and Sweden – where they discussed trade-related matters. Both sides are aiming for “a balanced, ambitious, comprehensive and mutually beneficial FTA” and after nine rounds of intense engagement since 2022, there is a need for political directions to arrive at a commercially meaningful deal while understanding the sensitivities of each other, the statement said. “The minister further underlined that any sustainability discussions must appreciate the principle of Common But, Differentiated Responsibility (CBDR) and implementation of such measures should take into account differing paths of development,” it said. India is against mixing sustainability issues with trade negotiations and it insists that countries must contribute towards sustainable development with assigned responsibilities based on their contribution to the problem in the first place underscoring “polluter pays” principle at a time when 27 European countries are forcing a carbon tax on imports from developing countries.
By MICHAEL R. SISAK and JENNIFER PELTZ NEW YORK (AP) — President-elect Donald Trump’s lawyers urged a judge again Friday to throw out his hush money conviction, balking at the prosecution’s suggestion of preserving the verdict by treating the case the way some courts do when a defendant dies. They called the idea “absurd.” Related Articles National Politics | Trump wants to turn the clock on daylight saving time National Politics | Ruling by a conservative Supreme Court could help blue states resist Trump policies National Politics | A nonprofit leader, a social worker: Here are the stories of the people on Biden’s clemency list National Politics | Nancy Pelosi hospitalized after she ‘sustained an injury’ on official trip to Luxembourg National Politics | Veteran Daniel Penny, acquitted in NYC subway chokehold, will join Trump’s suite at football game The Manhattan district attorney’s office is asking Judge Juan M. Merchan to “pretend as if one of the assassination attempts against President Trump had been successful,” Trump’s lawyers wrote in a blistering 23-page response. In court papers made public Tuesday, District Attorney Alvin Bragg’s office proposed an array of options for keeping the historic conviction on the books after Trump’s lawyers filed paperwork earlier this month asking for the case to be dismissed. They include freezing the case until Trump leaves office in 2029, agreeing that any future sentence won’t include jail time, or closing the case by noting he was convicted but that he wasn’t sentenced and his appeal wasn’t resolved because of presidential immunity. Trump lawyers Todd Blanche and Emil Bove reiterated Friday their position that the only acceptable option is overturning his conviction and dismissing his indictment, writing that anything less will interfere with the transition process and his ability to lead the country. The Manhattan district attorney’s office declined comment. It’s unclear how soon Merchan will decide. He could grant Trump’s request for dismissal, go with one of the prosecution’s suggestions, wait until a federal appeals court rules on Trump’s parallel effort to get the case moved out of state court, or choose some other option. In their response Friday, Blanche and Bove ripped each of the prosecution’s suggestions. Halting the case until Trump leaves office would force the incoming president to govern while facing the “ongoing threat” that he’ll be sentenced to imprisonment, fines or other punishment as soon as his term ends, Blanche and Bove wrote. Trump, a Republican, takes office Jan. 20. “To be clear, President Trump will never deviate from the public interest in response to these thuggish tactics,” the defense lawyers wrote. “However, the threat itself is unconstitutional.” The prosecution’s suggestion that Merchan could mitigate those concerns by promising not to sentence Trump to jail time on presidential immunity grounds is also a non-starter, Blanche and Bove wrote. The immunity statute requires dropping the case, not merely limiting sentencing options, they argued. Blanche and Bove, both of whom Trump has tabbed for high-ranking Justice Department positions, expressed outrage at the prosecution’s novel suggestion that Merchan borrow from Alabama and other states and treat the case as if Trump had died. Blanche and Bove accused prosecutors of ignoring New York precedent and attempting to “fabricate” a solution “based on an extremely troubling and irresponsible analogy between President Trump” who survived assassination attempts in Pennsylvania in July and Florida in September “and a hypothetical dead defendant.” Such an option normally comes into play when a defendant dies after being convicted but before appeals are exhausted. It is unclear whether it is viable under New York law, but prosecutors suggested that Merchan could innovate in what’s already a unique case. “This remedy would prevent defendant from being burdened during his presidency by an ongoing criminal proceeding,” prosecutors wrote in their filing this week. But at the same time, it wouldn’t “precipitously discard” the “meaningful fact that defendant was indicted and found guilty by a jury of his peers.” Prosecutors acknowledged that “presidential immunity requires accommodation” during Trump’s impending return to the White House but argued that his election to a second term should not upend the jury’s verdict, which came when he was out of office. Longstanding Justice Department policy says sitting presidents cannot face criminal prosecution . Other world leaders don’t enjoy the same protection. For example, Israeli Prime Minister Benjamin Netanyahu is on trial on corruption charges even as he leads that nation’s wars in Lebanon and Gaza . Trump has been fighting for months to reverse his May 30 conviction on 34 counts of falsifying business records . Prosecutors said he fudged the documents to conceal a $130,000 payment to porn actor Stormy Daniels to suppress her claim that they had sex a decade earlier, which Trump denies. In their filing Friday, Trump’s lawyers citing a social media post in which Sen. John Fetterman used profane language to criticize Trump’s hush money prosecution. The Pennsylvania Democrat suggested that Trump deserved a pardon, comparing his case to that of President Joe Biden’s pardoned son Hunter Biden, who had been convicted of tax and gun charges . “Weaponizing the judiciary for blatant, partisan gain diminishes the collective faith in our institutions and sows further division,” Fetterman wrote Wednesday on Truth Social. Trump’s hush money conviction was in state court, meaning a presidential pardon — issued by Biden or himself when he takes office — would not apply to the case. Presidential pardons only apply to federal crimes. Since the election, special counsel Jack Smith has ended his two federal cases , which pertained to Trump’s efforts to overturn his 2020 election loss and allegations that he hoarded classified documents at his Mar-a-Lago estate. A separate state election interference case in Fulton County, Georgia, is largely on hold. Trump denies wrongdoing in all. Trump had been scheduled for sentencing in the hush money case in late November. But following Trump’s Nov. 5 election victory, Merchan halted proceedings and indefinitely postponed the former and future president’s sentencing so the defense and prosecution could weigh in on the future of the case. Merchan also delayed a decision on Trump’s prior bid to dismiss the case on immunity grounds. A dismissal would erase Trump’s conviction, sparing him the cloud of a criminal record and possible prison sentence. Trump is the first former president to be convicted of a crime and the first convicted criminal to be elected to the office.Russia says it fired a hypersonic intermediate-range ballistic missile at the Ukrainian city of Dnipro in response to the United States and United Kingdom allowing Ukraine to strike Russian territory with advanced Western weapons. Russian President Vladimir Putin, in a televised address on Thursday (local time), said Russia struck a Ukrainian military facility with a new ballistic missile known as "Oreshnik" (the hazel) and warned that more could follow. "A regional conflict in Ukraine previously provoked by the West has acquired elements of a global character," Putin said in an address to the nation carried by state television. A US official said they were notified by Russia shortly before its strike, while another said they had briefed Ukraine and other close allies in recent days to prepare for the possible use of such a weapon. Why US missiles and another harsh winter could escalate Russia and Ukraine's war Earlier on Thursday, Ukraine said Russia had fired an intercontinental ballistic missile (ICBM), a weapon designed for long-distance nuclear strikes and never before used in war, though US officials said it was an intermediate-range ballistic missile that has a smaller range. Regardless of its classification, the latest strike highlights rapidly rising tensions in the past several days. Ukraine fired US and British missiles at targets inside Russia this week, despite warnings by Russia that it would see such action as a major escalation. Volodymyr Zelenskyy calls launch 'clear escalation' Ukrainian President Volodymyr Zelenskyy said on Thursday that Russia's use of the missile was a "clear and severe escalation" in the war and called for strong worldwide condemnation. 20/11/2024 08:37 Play "This is a clear and severe escalation in the scale and brutality of this war," Zelenskyy wrote on X. "The use of a ballistic missile against Ukraine today is yet more proof that Russia has no interest in peace." "The world must respond," he wrote. "Right now, there is no strong reaction from the world." Ukraine's foreign ministry urged the international community to react swiftly to the use of what it said was "the use by Russia of a new type of weaponry". A US official, speaking on condition of anonymity, said Russia likely possesses a handful of the "experimental" intermediate-range ballistic missiles used in Thursday's strike. Ukraine's air force said the missile targeted Dnipro in central-eastern Ukraine and was fired from the Russian region of Astrakhan, more than 700km away. Source: AAP / Mykola Miakshykov/Ukrinform/Sipa USA It did not specify what kind of warhead the missile had or what type of missile it was. There was no suggestion it was nuclear-armed. Intermediate-range ballistic missiles (IRBM) have a range of 3,000–5,500km. "Whether it was an ICBM or an IRBM, the range isn't the important factor," said Fabian Hoffmann, a doctoral research fellow at Oslo University who specialises in missile technology and nuclear strategy. "The fact that it carried a MIRVed (Multiple independently targetable reentry vehicle) payload is much more significant for signalling purposes and is the reason Russia opted for it. This payload is exclusively associated with nuclear-capable missiles." Russia also fired a Kinzhal hypersonic missile and seven Kh-101 cruise missiles, six of which were shot down, the Ukrainian air force said. The attack targeted enterprises and critical infrastructure in Dnipro, the air force said. Source: AAP, AP / Ukrainian Emergency Service Dnipro was a missile-making centre in the Soviet era. Ukraine has expanded its military industry during the war, but keeps its whereabouts secret. The air force did not say what the missile targeted or whether it had caused any damage, but regional governor Serhiy Lysak said the missile attack damaged an industrial enterprise and set off fires in Dnipro. Two people were hurt. Ukraine fires British and American missiles at Russia Some military experts said Russia's missile launch could be seen as an act of deterrence following Ukrainian strikes into Russia with Western weapons this week, after restrictions on such strikes were lifted. Russia's defence ministry, in its daily report of events over the previous 24 hours on Thursday, said air defences had shot down two British Storm Shadow cruise missiles but did not say where. Britain had previously let Ukraine use Storm Shadows only within Ukrainian territory. Ukraine also fired US ATACMS missiles into Russia on Tuesday after US President Joe Biden gave the all-clear to use such missiles in this way. 21/11/2024 06:35 Play Putin on Tuesday lowered the threshold for a nuclear strike in response to a broader range of conventional attacks. Russia has said the use of Western weapons to strike its territory far from the border would be a major escalation in the conflict. Ukraine says it needs the capability to defend itself by hitting Russian rear bases used to support Moscow's February 2022 invasion.The China Fund, Inc. Declares Distributions
Giants release quarterback Daniel Jones just days after benching him EAST RUTHERFORD, N.J. (AP) — The Daniel Jones era in New York is over. The Giants quarterback was granted his release by the team just days after the franchise said it was benching him in favor of third-stringer Tommy DeVito. New York president John Mara said Jones approached the team about releasing him and the club obliged. Mara added he was “disappointed” at the quick dissolution of a once-promising relationship between Jones and the team. Giants coach Brian Daboll benched Jones in favor of DeVito following a loss to the Panthers in Germany that dropped New York's record to 2-8. Conor McGregor must pay $250K to woman who says he raped her, civil jury rules LONDON (AP) — A civil jury in Ireland has awarded more than $250,000 to a woman who says she was raped by mixed martial arts fighter Conor McGregor in a Dublin hotel penthouse after a night of heavy partying. The jury on Friday awarded Nikita Hand in her lawsuit that claimed McGregor “brutally raped and battered” her in 2018. The lawsuit says the assault left her heavily bruised and suffering from post-traumatic stress disorder. McGregor testified that he never forced her to do anything and that Hand fabricated her allegations after the two had consensual sex. McGregor says he will appeal the verdict. Week 16 game between Denver Broncos and Los Angeles Chargers flexed to Thursday night spot The Los Angeles Chargers have played their way into another prime time appearance. Justin Herbert and company have had their Dec. 22 game against the Denver Broncos flexed to Thursday night, Dec. 19. Friday’s announcement makes this the first time a game has been flexed to the Thursday night spot. The league amended its policy last season where Thursday night games in Weeks 13 through 17 could be flexed with at least 28 days notice prior to the game. The matchup of AFC West division rivals bumps the game between the Cleveland Browns and Cincinnati Bengals to Sunday afternoon. NBA memo to players urges increased vigilance regarding home security following break-ins MIAMI (AP) — The NBA is urging its players to take additional precautions to secure their homes following reports of recent high-profile burglaries of dwellings owned by Milwaukee Bucks forward Bobby Portis and Kansas City Chiefs teammates Patrick Mahomes and Travis Kelce. In a memo sent to team officials, a copy of which was obtained by The Associated Press, the NBA revealed that the FBI has connected some burglaries to “transnational South American Theft Groups” that are “reportedly well-organized, sophisticated rings that incorporate advanced techniques and technologies, including pre-surveillance, drones, and signal jamming devices.” Red Bull brings wrong rear wing to Las Vegas in mistake that could stall Verstappen's title chances LAS VEGAS (AP) — Max Verstappen is suddenly in jeopardy of being denied a fourth consecutive Formula 1 title Saturday night. Red Bull apparently brought the wrong rear wing to Las Vegas and GPS data showed its two cars to be significantly slower on the straights than both McLaren and Mercedes, which led both practice sessions. Red Bull says it doesn’t have a replacement rear wing in Las Vegas to fix the issue and little chance of getting two flown in from England ahead of the race. Caitlin Clark to join Cincinnati bid for 16th National Women's Soccer League team WNBA star Caitlin Clark has joined Cincinnati’s bid for an expansion National Women’s Soccer League team. Major League Soccer franchise FC Cincinnati is heading the group vying to bring a women’s pro team to the city. The club issued a statement confirming Clark had joined the bid group. NWSL Commissioner Jessica Berman has said the league plans to announce the league’s 16th team by the end of the year. The league's 15th team will begin play in 2026 in Boston. Alyssa Nakken, first full-time female coach in MLB history, leaving Giants to join Guardians CLEVELAND (AP) — Alyssa Nakken, the first woman to coach in an MLB 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. Nakken, 34, will work with former Giants coaches Craig Albernaz and Kai Correa. Aaron Judge won't be bothered if Juan Soto gets bigger contract from Yankees than his $360M deal NEW YORK (AP) — Aaron Judge won’t be bothered if Juan Soto gets a bigger deal from the New York Yankees than the captain’s $360 million, nine-year contract. Speaking a day after he was a unanimous winner of his second MVP, Judge says “It ain’t my money” and adds "that’s never been something on my mind about who gets paid the most.” Judge led the major leagues with 58 homers, 144 RBIs and 133 walks while hitting .322. Soto batted .288 with 41 homers, 109 RBIs and 129 walks in his first season with the Yankees, then became a free agent at age 26. In a 'Final Four-type weekend,' two top-6 clashes put women's college basketball focus on West Coast LOS ANGELES (AP) — Two games featuring four powerhouse teams has put the focus in women's college basketball on the West Coast this weekend. JuJu Watkins and No. 3 Southern California host Hannah Hidalgo and No. 6 Notre Dame on Saturday. Top-ranked South Carolina visits Lauren Betts and fifth-ranked UCLA on Sunday. Both games are nationally televised and the arenas are expected to be packed. WNBA scouts will be on hand to check out some of the nation's top talent. Two teams will come away with their first losses of the season. USC coach Lindsay Gottlieb calls it “a Final Four-type weekend.” A documentary featuring Watkins will air on NBC ahead of USC's game, which leads into the Army-Notre Dame football game. Noodles and wine are the secret ingredients for a strange new twist in China's doping saga Blame it on the noodles. That's what one Chinese official suggested when anti-doping leaders were looking for answers for the doping scandal that cast a shadow over this year's Olympic swim meet. Earlier this year, reports that 23 Chinese swimmers had tested positive for a banned heart medication emerged. None were sanctioned because Chinese authorities determined the swimmers were contaminated by traces of the drug spread about a hotel kitchen. In a strange twist, the leader of China's anti-doping agency suggested this case could have been similar to one in which criminals were responsible for tainting noodles that were later eaten by another Chinese athlete who also tested positive for the drug.
NoneTORONTO, Dec. 13, 2024 (GLOBE NEWSWIRE) — Rogers Communications (TSX: RCI.A and RCI.B) (NYSE: RCI) today announced it has received clearance from the Competition Bureau to proceed with the acquisition of Bell’s 37.5% stake in Maple Leaf Sports & Entertainment. Rogers and Bell received a “no-action letter” on December 12, 2024, from the Bureau, indicating that the Commissioner of Competition does not intend to challenge Rogers acquisition of Bell’s interest in MLSE. The deal is subject to league approvals and approval from the CRTC. “This reflects an important step in securing approvals and expanding our ownership of MLSE, one of the most prestigious sports and entertainment organizations in the world,” said Tony Staffieri, President and CEO, Rogers. “As Canada’s leading communications and entertainment company, live sports and entertainment are a critical part of our core business strategy.” In September, Rogers announced a deal to acquire Bell’s stake in MLSE for C$4.7 billion to become majority owner of MLSE. Rogers is Canada’s leading communications and entertainment company and its shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). For more information, please visit or . Media Relations 1-844-226-1338 Investor Relations 1-844-801-4792
Norton Rose Fulbright appoints Kessar Nashat as US Co-Head of Corporate, M&A and Securities
President-elect Donald Trump’s lawyers urge judge to toss his hush money convictionBOSTON , Dec. 13, 2024 /PRNewswire/ -- The Board of Directors (the "Board") of The China Fund, Inc. (the "Fund") has declared a distribution in the amount of $0.1497 per share. The distribution is comprised entirely of ordinary income. The dividend will be payable on January 10, 2025 , to stockholders of record on December 30, 2024 , with an ex-dividend date of December 30, 2024 . The Fund has a Dividend Reinvestment and Cash Purchase Plan (the "Plan") in which each stockholder automatically participates, unless the stockholder instructs Computershare Trust Company, N.A. (the "Plan Agent"), in writing, to have all distributions, net of any applicable U.S. withholding tax, paid in cash. If the Fund's shares are trading at a premium to the net asset value ("NAV") per share of the Fund on the distribution payment date, the Plan provides that stockholders will be issued Fund shares valued at NAV. If the Fund's shares are trading at a discount to the NAV per share, stockholders will be issued shares of the Fund valued at market price. Stockholders will not be charged a fee in connection with the reinvestment of dividends or capital gains distributions. A stockholder may terminate his or her participation in the Plan by notifying the Plan Agent in writing at the address below. Stockholders who have questions regarding the distribution may contact EQ Fund Solutions, LLC at 1-888-CHN-CALL (246-2255). The Fund is a closed-end management investment company with the objective of seeking long-term capital appreciation by investing primarily in equity securities (i) of companies for which the principal securities trading market is in the People's Republic of China (" China "), or (ii) of companies for which the principal securities trading market is outside of China , or constituting direct equity investments in companies organized outside of China , that in both cases derive at least 50% of their revenues from goods and services sold or produced, or have at least 50% of their assets, in China . While the Fund is permitted to invest in direct equity investments of companies organized in China , it presently holds no such investments. The Fund's shares are listed on the New York Stock Exchange under the ticker symbol "CHN." The Fund's investment manager is Matthews International Capital Management, LLC. For more information regarding the Fund and the Fund's holdings, please call 1-888-CHN-CALL (246-2255) or visit the Fund's website at www.chinafundinc.com . For more information about the Plan or to terminate your participation in the Plan, please contact Computershare Trust Company, N.A. at c/o The China Fund, Inc. at P.O. Box 43078, Providence, Rhode Island 02940-3078, by telephone at 1-800-426-5523 or via the Internet at www.computershare.com/investor . View original content: https://www.prnewswire.com/news-releases/the-china-fund-inc-declares-distributions-302331625.html SOURCE The China Fund, Inc.
Viral city centre food hatch teases Belfast return with new locationTORONTO (AP) — President-elect Donald Trump was joking when he suggested Canada become the 51st U.S. state during a dinner with Prime Minister Justin Trudeau, a Canadian minister who attended their recent dinner said Tuesday. Fox News reported that Trump made the comment in response to Trudeau raising concerns that Trump's threatened tariffs on Canada would damage Canada's economy. Public Safety Minister Dominic LeBlanc, who attended the Friday dinner at Trump's Mar-a-Lago club, said Trump's comments were in jest. “The president was telling jokes. The president was teasing us. It was, of course, on that issue, in no way a serious comment,” LeBlanc told reporters in Ottawa. LeBlanc described it as a three-hour social evening at the president’s residence in Florida on a long weekend of American Thanksgiving. “The conversation was going to be light-hearted,” he said. He called the relations warm and cordial and said the fact that “the president is able to joke like that for us” indicates good relations. Earlier last week, the Republican president-elect threatened to impose a 25% tax on all products entering the U.S. from Canada and Mexico unless they stem the flow of migrants and drugs. Trudeau requested the meeting in a bid to avoid the tariffs by convincing Trump that the northern border is nothing like the U.S. southern border with Mexico . Trudeau held a rare meeting with opposition leaders on Tuesday about U.S-Canada relations and later said that opposition Conservative leader Pierre Poilievre shouldn’t amplify the erroneous narratives that Americans are saying about the border. “Less than one percent of migrants coming into the United States irregularly come from Canada and 0.2 percent of the fentanyl coming into the United States comes from Canada,” Trudeau said in Parliament. Canadian officials have said there are plans to put more helicopters, drones and law enforcement officers at the border. At the dinner, Kristen Hillman, Canada's ambassador to Washington, said America’s trade deficit with Canada was also raised. Hillman said the U.S. had a $75 billion trade deficit with Canada last year but noted a third of what Canada sells into the U.S. is energy exports and prices have been high. “Trade balances are something that he focuses on so it’s important to engage in that conversation but to put it into context,” Hillman told the AP. “We are one-tenth the size of the United States so a balanced trade deal would mean per capita we are buying 10 times more from the U.S. than they are buying from us. If that’s his metric we will certainly engage on that.” Hillman said Canada sold $170 billion worth of energy products last year to the U.S. About 60% of U.S. crude oil imports are from Canada, and 85% of U.S. electricity imports as well Canada is also the largest foreign supplier of steel, aluminum and uranium to the U.S. and has 34 critical minerals and metals that the Pentagon is eager for and investing for national security. About 77% of Canada’s exports go to the U.S. Trudeau's government successfully employed a “Team Canada” approach during Trump’s first term in office when the free trade deal between Canada, the U.S. and Mexico was renegotiated. But Trudeau’s minority government is in a much weaker position politically now and faces an election within a year. Poilievre, Canada's opposition leader, said the tariffs would harm Americans. “The president-elect was elected on a promise to make America richer. These tariffs would make America poorer,” Poilievre said after meeting with Trudeau. Poilievre said the U.S. would be wise to do more free trade with its best friend and closest ally. Canada is the top export destination for 36 U.S. states. Nearly 3.6 billion Canadian dollars ($2.7 billion) worth of goods and services cross the border each day. Trudeau returned home after the dinner at Mar-a-Lago club in Florida without assurances Trump would back away from threatened tariffs on all products from the major American trading partner. Trump called the talks “productive” but signaled no retreat from a pledge that Canada says unfairly lumps it in with Mexico over the flow of drugs and migrants into the United States. The flows of migrants and seizures of drugs are vastly different. U.S. customs agents seized 43 pounds of fentanyl at the Canadian border during the last fiscal year, compared with 21,100 pounds at the Mexican border. Most of the fentanyl reaching the U.S. — where it causes about 70,000 overdose deaths annually — is made by Mexican drug cartels using precursor chemicals smuggled from Asia. On immigration, the U.S. Border Patrol reported 1.53 million encounters with irregular migrants at the southwest border with Mexico between October 2023 and September 2024. That compares to 23,721 encounters at the Canadian border during that time.The majority of President-elect Donald Trump 's nominations to join his administration are from his two states of residence, Florida and New York. Following Trump's nomination of Pam Bondi to become the next U.S. Attorney General, jokes of "Make America Florida Again," mocking Trump's "Make America Great Again" slogan, have been circulating social media. Trump has now announced he wants nine people from Florida to take on positions close to him in the White House. An additional six people are nominated in New York. Beyond New York and Florida, 15 other states have just one or two nominees representing them. A map shows where Trump's nominations are from. Florida—9 Trump announced on Thursday that he was selecting former Florida Attorney General Pam Bondi has his U.S. Attorney General nomination. The pick comes after his first choice, former Representative Matt Gaetz , withdrew his nomination. Gaetz was also from Florida. Republican Senator Marco Rubio was picked by Trump to serve as Secretary of State. Florida Governor Ron DeSantis said he has "already received strong interest from several possible candidates" for the Senate seat vacancy if Rubio is confirmed. Mike Waltz, a retired Green Beret and National Guard colonel representing Florida's 6th Congressional District has been asked by Trump to serve as national security adviser . A date will be set for a special primary and general election to replace Waltz. The governor does not appoint members of the House to fill vacancies. Susie Wiles was Trump's first announced nomination. She has been chosen to serve as the Chief of Staff. Wiles co-led Trump's 2016 Florida campaign and went on to lead his 2024 national campaign. Sergio Gor was tapped to be Trump's Director of Personnel. Interesting, Gor spends a lot of his time at Mar-a-Lago. He has published Trump's books and has remained within the President-elect's inner circle. Mike Huckabee has a strong connection to Florida. He was chosen as the U.S. Ambassador to Israel. A resident of Santa Rosa Beach, Huckabee sold his luxurious beachfront house in 2021 for $9.4 million. Trump's choice for Deputy Attorney General is Todd Blanche. He purchased a home in Palm Beach County, Florida in 2024. When doing so, he also switched his voter registration from Democrat to Republican . The Solicitor General nomination was given to D John Sauer. Sauer, who lives in Town 'n' County, represented Trump in an oral argument before a panel of U.S. Court of Appeals for the District of Columbia Circuit in January of this year. Trump's Deputy Chief of Staff for Legislative, Political and Public Affairs will be James Blair. The political consultant at a firm based in Tampa has helped with numerous campaigns. New York—6 Howard Lutnick was picked for the Secretary of Commerce. He is a New York financier, serving as the chairman and CEO of Cantor Fitzgerald and BGC Partners. He rose to prominence after supporting 9/11 victims' families while rebuilding the company. He is now the cochair of Trump's transition team. Lee Zeldin was tapped as Trump's EPA Administrator. He is a former Representative from New York. He represented New York's 1st Congressional District from 2015 to 2023. Elise Stefanik was chosen at the U.S. Ambassador to the United Nations . She was born in New York and is currently serving as the Representative for New York's 21st Congressional District. She has been in the position since 2015. Steve Witkoff is Trump's pick for Special Envoy to the Middle East. He was born in the Bronx and is a real estate investor. Trump chose Dan Scavino as his Deputy Chief of Staff. He moved in 2017 with Trump to D.C. but is from Hopewell Junction. Emil Bove is a retired assistant New York attorney general. He is chosen to be the Principle Associate Deputy Attorney General. He is the former Assistant U.S. Attorney for the Southern District of New York. California—2 Taylor Budowich was tapped as the Deputy Chief of Staff for Communications and Personnel. He was the CEO of the pro-Trump super-PAC MAGA Inc. Steven Cheung, Trump's communications director, is from California as well. District of Columbia—2 Bill McGinley will be the White House Counsel. In D.C. he has served as the Deputy General Counsel to the Republican National Committee and the General Counsel to the National Republican Senatorial Committee. During Trump's first term, he was the White House Cabinet Secretary. Tom Homan is the former acting Director of the U.S. Immigration and Customs Enforcement. Trump chose him to be his "Border Czar." Texas—2 Tulsi Gabbard's family moved to Hawaii when she was a toddler, but she and her husband have recently bought a house in Texas. Gabbard, who was previously a Representative of Hawaii, has been chosen to be the Director of National Intelligence. John Ratcliffe, Trump's pick for the CIA Director, is also from the Lone Star State. Colorado—1 Chris Wright was Trump's choice for Secretary of Energy. He is currently the CEO and Chairman of Liberty Energy. Connecticut—1 Linda McMahon was tapped to be the Secretary of Education. She lives in Greenwich, Connecticut, with her husband Vince. Georgia—1 Doug Collins, Trump's choice for Secretary of Veterans Affairs, is from Georgia. He was previously a Representative from the state from 2013 to 2021. Massachusetts—1 Robert F. Kennedy Jr. is Trump's pick for Secretary of Health and Human Services. Like much of his family, he lives in Cape Cod, Massachusetts. Kennedy is an environmental attorney and activist. Missouri—1 Will Scharf, Trump's staff secretary, is from Missouri. Scharf played a role in Trump's legal team in 2023. New Hampshire—1 Karoline Leavitt, the nominated press secretary, was raised in Atkinson, New Hampshire. Her family owned an ice cream shop and truck dealership in Plaistow. North Dakota—1 Doug Burgman was chosen by Trump to be the Secretary of the Interior. He has been the North Dakota governor since 2016. Ohio—1 Trump's Vice President JD Vance was voted in as Senator in Ohio. He grew up in Middletown and detailed his life in his book Hillbilly Elegy: A Memoir of a Family and Culture in Crisis . South Dakota—1 Kristi Noem is currently the governor of South Dakota. She was first elected in 2018 and later reelected in 2022. Trump chose her for his Secretary of Homeland Security. Tennessee—1 Trump has leaned on Pete Hegseth to be his Secretary of Defense. Hegseth, who has been the center of a sexual assault controversy, lives in Middle Tennessee. Virginia—1 Stephen Miller, who was nominated to be the Deputy Chief of Staff for Policy and Homeland Security Advisor, recently moved to Arlington, Virginia. Wisconsin—1 Sean Duffy was Trump's choice for Secretary of Transportation. Duffy was born in Hayward Wisconsin and formerly served as the state's 7th Congressional District's Representative. He was in the House of Representatives from 2011 to 2019.Wall Street stocks finished a lackluster week on a muted note Friday as concerns about rising Treasury bond yields competed with enthusiasm over artificial intelligence equities. Of the major indices, only the Nasdaq mustered a gain in Friday's session. The tech-rich index was also the only of the three leading US benchmarks to conclude the week higher. "Equities are kind of treading water," said LBBW's Karl Haeling. "A negative influence to some extent is the rise in bond yields." The latest US consumer price index data released this week showed prices ticked higher in November and the wholesale data also showed stubborn inflationary pressures. "Yields rose to their highest levels in over two weeks as markets brace for the Federal Reserve's final meeting of the year, reflecting concerns over sticky inflation," said Chris Beauchamp, chief market analyst at online trading platform IG. There is also growing concern over the inflationary pressures from President-elect Donald Trump's pledges to cut taxes and impose tariffs, as inflation still stands above the Fed's target. "While the markets still anticipate a rate cut from the Federal Reserve next week, the likelihood of a move in January has dropped," said Patrick Munnelly, partner at broker Tickmill Group. The CME FedWatch tool shows the market sees a more than 75 percent chance that the Fed will hold rates steady in January. In Europe, the Paris CAC 40 index ended the day down 0.2 percent after French President Emmanuel Macron named his centrist ally Francois Bayrou as prime minister, ending days of deadlock over finding a replacement for Michel Barnier. Frankfurt also dipped, with Germany's central bank sharply downgrading its growth forecasts on Friday for 2025 and 2026. It predicted a prolonged period of weakness for Europe's biggest economy. London stocks were also lower after official data showed that the UK economy unexpectedly shrank for the second consecutive month in October. The euro recovered after flirting with two-year lows against the dollar following a warning Thursday by ECB president Christine Lagarde that the eurozone economy was "losing momentum", cautioning that "the risk of greater friction in global trade could weigh on euro area growth". In Asia, Hong Kong and Shanghai both tumbled as investors were unimpressed with Beijing's pledge to introduce measures aimed at "lifting consumption vigorously" as part of a drive to reignite growth in the world's number two economy. President Xi Jinping and other key leaders said at the annual Central Economic Work Conference they would implement a "moderately loose" monetary policy, increase social financing and reducing interest rates "at the right time". The gathering came after Beijing in September began unveiling a raft of policies to reverse a growth slump that has gripped the economy for almost two years. "We're still not convinced that policy support will prevent the economy from slowing further next year", said Julian Evans-Pritchard, head of China economics at research group Capital Economics. Among individual equities, chip company Broadcom surged nearly 25 percent after reporting a 51 percent jump in quarterly revenues to $14.1 billion behind massive growth in AI-linked business. New York - Dow: DOWN 0.2 percent at 43,828.06 (close) New York - S&P 500: FLAT at 6,051.09 (close) New York - Nasdaq Composite: UP 0.1 percent at 19,926.72 (close) London - FTSE 100: DOWN 0.1 percent at 8,300.33 (close) Paris - CAC 40: DOWN 0.2 percent at 7,409.57 (close) Frankfurt - DAX: DOWN 0.1 percent at 20,405.92 (close) Tokyo - Nikkei 225: DOWN 1.0 percent at 39,470.44 (close) Hong Kong - Hang Seng Index: DOWN 2.1 percent at 19,971.24 (close) Shanghai - Composite: DOWN 2.0 percent at 3,391.88 (close) Euro/dollar: UP at $1.0504 from $1.0467 on Thursday Pound/dollar: DOWN at $1.2622 from $1.2673 Dollar/yen: UP at 153.60 yen from 152.63 yen Euro/pound: UP at 83.19 pence from 82.59 pence Brent North Sea Crude: UP 1.5 percent at $74.49 per barrel West Texas Intermediate: UP 1.8 percent at $71.29 per barrel burs-jmb/st
DETROIT (AP) — Starting in September of 2027, all new passenger vehicles in the U.S. will have to sound a warning if rear-seat passengers don’t buckle up. The National Highway Traffic Safety Administration said Monday that it finalized the rule, which also requires enhanced warnings when front seat belts aren’t fastened. The agency estimates that the new rule will save 50 lives per year and prevent 500 injuries when fully in effect, according to a statement. The new rule will apply to passenger cars, trucks, buses except for school buses, and multipurpose vehicles weighing up to 10,000 pounds. Before the rule, seat belt warnings were required only for the driver’s seat. Under the new rule, outboard front-seat passengers also must get a warning if they don’t fasten their belts. Front-center seats will not get a warning because NHTSA found that it wouldn’t be cost effective. The agency said most vehicles already have warnings for the outboard passenger seats. The rule also lengthens the duration of audio and visual warnings for the driver’s seat. The front-seat rules are effective starting Sept. 1 of 2026. Rear passengers consistently use seat belts at a lower rate than front passengers, the agency says. In 2022, front belt use was just under 92%, while rear use dropped to about 82%. About half of automobile passengers who died in crashes two years ago weren’t wearing belts, according to NHTSA data. The seat belt rule is the second significant regulation to come from NHTSA in the past two months. In November the agency bolstered its five-star auto safety ratings to include driver assistance technologies and pedestrian protection. Safety advocates want the Department of Transportation, which includes NHTSA, to finish several more rules before the end of the Biden administration, because President-elect Donald Trump has said he’s against new government regulations. Cathy Chase, president of Advocates for Highway and Auto Safety, urged the department to approve automatic emergency braking for heavy trucks and technology to prevent impaired driving.BOSTON , Dec. 13, 2024 /PRNewswire/ -- The Board of Directors (the "Board") of The China Fund, Inc. (the "Fund") has declared a distribution in the amount of $0.1497 per share. The distribution is comprised entirely of ordinary income. The dividend will be payable on January 10, 2025 , to stockholders of record on December 30, 2024 , with an ex-dividend date of December 30, 2024 . The Fund has a Dividend Reinvestment and Cash Purchase Plan (the "Plan") in which each stockholder automatically participates, unless the stockholder instructs Computershare Trust Company, N.A. (the "Plan Agent"), in writing, to have all distributions, net of any applicable U.S. withholding tax, paid in cash. If the Fund's shares are trading at a premium to the net asset value ("NAV") per share of the Fund on the distribution payment date, the Plan provides that stockholders will be issued Fund shares valued at NAV. If the Fund's shares are trading at a discount to the NAV per share, stockholders will be issued shares of the Fund valued at market price. Stockholders will not be charged a fee in connection with the reinvestment of dividends or capital gains distributions. A stockholder may terminate his or her participation in the Plan by notifying the Plan Agent in writing at the address below. Stockholders who have questions regarding the distribution may contact EQ Fund Solutions, LLC at 1-888-CHN-CALL (246-2255). The Fund is a closed-end management investment company with the objective of seeking long-term capital appreciation by investing primarily in equity securities (i) of companies for which the principal securities trading market is in the People's Republic of China (" China "), or (ii) of companies for which the principal securities trading market is outside of China , or constituting direct equity investments in companies organized outside of China , that in both cases derive at least 50% of their revenues from goods and services sold or produced, or have at least 50% of their assets, in China . While the Fund is permitted to invest in direct equity investments of companies organized in China , it presently holds no such investments. The Fund's shares are listed on the New York Stock Exchange under the ticker symbol "CHN." The Fund's investment manager is Matthews International Capital Management, LLC. For more information regarding the Fund and the Fund's holdings, please call 1-888-CHN-CALL (246-2255) or visit the Fund's website at www.chinafundinc.com . For more information about the Plan or to terminate your participation in the Plan, please contact Computershare Trust Company, N.A. at c/o The China Fund, Inc. at P.O. Box 43078, Providence, Rhode Island 02940-3078, by telephone at 1-800-426-5523 or via the Internet at www.computershare.com/investor . SOURCE The China Fund, Inc.
TTEC Digital wins Cisco Reimagine Customer Experiences Partner of the Year - AmericasMulti-faceted personality and top professional Manju Haththotuwa has been appointed to the Board of JAT Holdings PLC as Independent Non-Executive Director with effect from 1 February 2025. Haththotuwa has over 30 years of professional experience and a proven track record in successfully leading several public and private sector entities. He has consistently built world class organisations, inspired high performance teams, and mobilised resources that deliver results. He has a reputation for conceptualising and executing innovative high impact initiatives in several countries and regions. He has lived and worked in Europe, Asia, Africa, the Middle East, Canada, and the USA. In the development sector, Haththotuwa joined the World Bank as a practitioner and thought leader in technology-enabled innovation, infrastructure development, and private sector growth strategies. He has led a multibillion-dollar portfolio of private sector development projects in Asia, Africa, and Middle East regions. His recent responsibilities include heading the private sector, financial sector, and innovation teams in the GCC group of countries. Haththotuwa has been based at the World Bank HQ in Washington, DC for the past 17 years. In the private sector, Haththotuwa has held leadership positions such as Chairperson to the Board of Directors/MD/CEO of eight publicly listed companies and has also made four PE/VC investments, in verticals spanning finance, infrastructure, property development, agri-business, healthcare, education, and ICT/deep tech. These companies include Bio Carbon Fuels (USA), Ceylon Oxygen, Kotmale Holdings, Central Securities, e-Channelling, Kelsey Developments, Next Ventures, V-Capital, Sithro Garments etc. Haththotuwa is also a successful entrepreneur who has co-led one of Asia’s software success stories, which grew from start-up to global market leader for stock trading software and currently powers the London Stock Exchange among other leading Exchanges worldwide. As Executive Director/COO, Haththotuwa set up and led global operations and corporate facilities of Millennium IT (USA, UK, India, Singapore, and Sri Lanka), including the conceptual design, construction, and operation of its 16-acre tech campus. In the public sector, for the Government of Sri Lanka (GoSL), Haththotuwa was the founding Managing Director of the National ICT Agency of Sri Lanka (ICTA) and Country CIO, which pioneered the first national scale e-Transformation Program – e-Sri Lanka (e-SL) – a novel blueprint subsequently used globally by the World Bank. Haththotuwa also served as the Adviser to the President of Sri Lanka on Technology, Innovation, PPPs and Infrastructure. Haththotuwa is a UK and Australia Chartered Professional Engineer, Associate of the City and Guilds, London, holds an MBA with a Distinction from the University of London and a BSc (Hons) in Civil Engineering from the Imperial College of Science and Technology, London. He is also an alumnus of the Harvard Kennedy School Leadership Program.Elon Musk and Vivek Ramaswamy say they’re hunting for ways to make American government more efficient. One possible target: the semiannual changing of the clock that so many Americans dislike. “Looks like the people want to abolish the annoying time changes!” Musk wrote last week on his social platform, X, linking to another user’s online poll that found most respondents wanted to end daylight saving time. The practice of shifting clocks forward one hour in March and back one hour in November is intended to maximize Americans’ exposure to sunlight during working hours but has long been derided for causing groggy mornings, missed appointments and even some public health problems. “It’s inefficient & easy to change,” Ramaswamy wrote in a reply to Musk. It was not immediately clear whether the two men, whom President-elect Donald Trump has tapped to run a new effort dubbed the “Department of Government Efficiency” (DOGE) were seriously floating a new policy priority or just spitballing on social media. It was also unclear how a Trump White House would seek to end clock changes, given that Congress - not the executive branch - has controlled the nation’s time shifts, and lawmakers’ recent legislation has stalled. Ramaswamy did not respond to a request for comment. X and Tesla, which Musk also owns, did not immediately respond to requests sent to them asking for comment from Musk. In a follow-up post, Musk told Sen. Mike Lee (R-Utah) that he did indeed want to end the time changes. The simmering fight over how Americans set their clocks, and when they must do it, has drawn unusual coalitions in Washington based more on geography than on politics. Republicans and Democrats, mostly from the coasts, have called for year-round daylight saving time, saying that permanently advancing the clocks one hour and never “falling back” would allow more people to enjoy sunshine and avoid the frustrations involved with resetting clocks. “Switching the clocks just doesn’t make sense for a country on the move,” Sen. Edward J. Markey (D-Massachusetts) said in a statement to The Washington Post. “But we need permanent daylight saving time - more hours of daylight in the evening means more hours to get things done.” Politicians in the center of the country have often balked at the idea, warning that a year-round “spring forward” would mean winter sunrises that could creep past 9 a.m. in cities such as Indianapolis and Detroit. Meanwhile, public health groups have said that permanent time would be more natural for our circadian rhythms, citing research that the clock changes increase the risk of heart attacks, stroke and other health problems. “There is a significant stress on the body, and changes that occur, when we are not aligned to the right internal clock,” Lourdes DelRosso, a sleep medicine physician at the University of California at San Francisco-Fresno and co-chair of this year’s World Sleep Day awareness event, said in an interview earlier this year. A March 2023 YouGov poll found that 62 percent of Americans want to end the practice of changing the clocks, but there was little consensus over what to do next. Half of respondents said they wanted year-round daylight saving time, just under one-third wanted permanent standard time and the remainder said they were unsure or had no opinion. For more than a century, Americans have shifted their clocks forward every spring and back every fall, a tradition that was eventually enshrined in federal law. Voters’ complaints about those clock changes are not new. Lawmakers in the early 1970s moved to permanently adopt daylight saving time, but the decision almost immediately backfired with nationwide complaints, such as children waiting in the dark for school buses to arrive. Congress rolled back the change after 10 months. That defeat has not stopped Markey and other lawmakers who have steadily pushed to lengthen the number of days that Americans spend under daylight saving time, extending that period in 1985, and again in 2005. Most Americans now live with daylight saving time for 238 days a year - nearly eight months. (Two states, Hawaii and most of Arizona, have opted out of the semiannual time changes and remain on permanent standard time, which states are allowed to do.) But states cannot adopt permanent daylight saving time unless Congress passes a bill that allows them to do so. There is a growing political movement attempting to do just that; the Senate in 2022 passed a bill that died in the House. Twenty states have also approved measures that would allow them to adopt year-round daylight saving time if Congress passed a bill making it permanent nationwide, according to the National Conference of State Legislatures. Other countries have ended their own clock changes, including Mexico, which moved to abolish daylight saving time in 2022. Musk was born and spent his childhood in South Africa - which does not follow daylight saving time - and has previously mocked America’s semiannual time changes. “Finally, an explanation for daylight savings that makes sense ...” the billionaire entrepreneur wrote on social media in 2017, linking to a video by the Onion, a satirical news site, that lampooned the practice. President Joe Biden’s views on time changes are unclear. The White House has not responded to questions in the past two years about whether Biden supported efforts in Congress to adopt year-round daylight saving time, which may have stifled lawmakers’ attempts to attract support for their bill. But the next president appears more receptive. “Making Daylight Saving Time permanent is O.K. with me!” Trump wrote on social media in March 2019, the Monday morning after the “spring forward” took effect that year. The Transportation Department oversees the implementation of daylight saving time, and agency officials have said DOT does not have the authority to change it without an act of Congress. It is not clear whether Musk and Ramaswamy, who have argued that recent Supreme Court decisions would allow the White House to make regulatory changes without going through Congress, see a path to doing so with daylight saving time. Their commission is supposed to make its recommendations to the president by July 4, 2026 - the date they’ve targeted to wind down their panel. Musk and Ramaswamy may have other allies in Trump’s emerging administration. Sen. Marco Rubio (R-Florida), Trump’s pick to serve as secretary of state, has spent years calling to end clock changes and make daylight saving time year-round. “My Sunshine Protection Act would end this stupid practice of changing our clocks back and forth,” Rubio said in a statement in March, referencing his legislation. His office did not respond to a request for comment about whether Rubio had spoken with Musk and Ramaswamy about ending the semiannual clock changes. “Can we just stop changing our clocks twice a year?” Jim O’Neill, Trump’s pick to be deputy secretary of the Department of Health and Human Services, wrote on X in 2022. “The one industry that doesn’t need disruption is daylight.” Related Content
Kay Patterson, who rose from janitor at segregated South Carolina capitol to state senator, diesNone