ATLANTA — Jimmy Carter, the peanut farmer who won the presidency in the wake of the Watergate scandal and Vietnam War, endured humbling defeat after one tumultuous term and then redefined life after the White House as a global humanitarian, has died. He was 100 years old. The longest-lived American president died on Sunday, more than a year after entering hospice care, at his home in the small town of Plains, Georgia, where he and his wife, Rosalynn, who died at 96 in November 2023, spent most of their lives, The Carter Center said. “Our founder, former U.S. President Jimmy Carter, passed away this afternoon in Plains, Georgia,” the center simply said in posting about Carter's death on the social media platform X. Businessman, Navy officer, evangelist, politician, negotiator, author, woodworker, citizen of the world — Carter forged a path that still challenges political assumptions and stands out among the 45 men who reached the nation’s highest office. The 39th president leveraged his ambition with a keen intellect, deep religious faith and prodigious work ethic, conducting diplomatic missions into his 80s and building houses for the poor well into his 90s. “My faith demands — this is not optional — my faith demands that I do whatever I can, wherever I am, whenever I can, for as long as I can, with whatever I have to try to make a difference,” Carter once said. A moderate Democrat, Carter entered the 1976 presidential race as a little-known Georgia governor with a broad smile, outspoken Baptist mores and technocratic plans reflecting his education as an engineer. His no-frills campaign depended on public financing, and his promise not to deceive the American people resonated after Richard Nixon’s disgrace and U.S. defeat in southeast Asia. “If I ever lie to you, if I ever make a misleading statement, don’t vote for me. I would not deserve to be your president,” Carter repeated before narrowly beating Republican incumbent Gerald Ford, who had lost popularity pardoning Nixon. Carter governed amid Cold War pressures, turbulent oil markets and social upheaval over racism, women’s rights and America’s global role. His most acclaimed achievement in office was a Mideast peace deal that he brokered by keeping Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin at the bargaining table for 13 days in 1978. That Camp David experience inspired the post-presidential center where Carter would establish so much of his legacy. Yet Carter’s electoral coalition splintered under double-digit inflation, gasoline lines and the 444-day hostage crisis in Iran. His bleakest hour came when eight Americans died in a failed hostage rescue in April 1980, helping to ensure his landslide defeat to Republican Ronald Reagan. Carter acknowledged in his 2020 “White House Diary” that he could be “micromanaging” and “excessively autocratic,” complicating dealings with Congress and the federal bureaucracy. He also turned a cold shoulder to Washington’s news media and lobbyists, not fully appreciating their influence on his political fortunes. “It didn’t take us long to realize that the underestimation existed, but by that time we were not able to repair the mistake,” Carter told historians in 1982, suggesting that he had “an inherent incompatibility” with Washington insiders. Carter insisted his overall approach was sound and that he achieved his primary objectives — to “protect our nation’s security and interests peacefully” and “enhance human rights here and abroad” — even if he fell spectacularly short of a second term. Ignominious defeat, though, allowed for renewal. The Carters founded The Carter Center in 1982 as a first-of-its-kind base of operations, asserting themselves as international peacemakers and champions of democracy, public health and human rights. “I was not interested in just building a museum or storing my White House records and memorabilia,” Carter wrote in a memoir published after his 90th birthday. “I wanted a place where we could work.” That work included easing nuclear tensions in North and South Korea, helping to avert a U.S. invasion of Haiti and negotiating cease-fires in Bosnia and Sudan. By 2022, The Carter Center had declared at least 113 elections in Latin America, Asia and Africa to be free or fraudulent. Recently, the center began monitoring U.S. elections as well. Carter’s stubborn self-assuredness and even self-righteousness proved effective once he was unencumbered by the Washington order, sometimes to the point of frustrating his successors. He went “where others are not treading,” he said, to places like Ethiopia, Liberia and North Korea, where he secured the release of an American who had wandered across the border in 2010. “I can say what I like. I can meet whom I want. I can take on projects that please me and reject the ones that don’t,” Carter said. He announced an arms-reduction-for-aid deal with North Korea without clearing the details with Bill Clinton’s White House. He openly criticized President George W. Bush for the 2003 invasion of Iraq. He also criticized America’s approach to Israel with his 2006 book “Palestine: Peace Not Apartheid.” And he repeatedly countered U.S. administrations by insisting North Korea should be included in international affairs, a position that most aligned Carter with Republican President Donald Trump. Among the center’s many public health initiatives, Carter vowed to eradicate the guinea worm parasite during his lifetime, and nearly achieved it: Cases dropped from millions in the 1980s to nearly a handful. With hardhats and hammers, the Carters also built homes with Habitat for Humanity. The Nobel committee’s 2002 Peace Prize cites his “untiring effort to find peaceful solutions to international conflicts, to advance democracy and human rights, and to promote economic and social development.” Carter should have won it alongside Sadat and Begin in 1978, the chairman added. Carter accepted the recognition saying there was more work to be done. “The world is now, in many ways, a more dangerous place,” he said. “The greater ease of travel and communication has not been matched by equal understanding and mutual respect.” Carter’s globetrotting took him to remote villages where he met little “Jimmy Carters,” so named by admiring parents. But he spent most of his days in the same one-story Plains house — expanded and guarded by Secret Service agents — where they lived before he became governor. He regularly taught Sunday School lessons at Maranatha Baptist Church until his mobility declined and the coronavirus pandemic raged. Those sessions drew visitors from around the world to the small sanctuary where Carter will receive his final send-off after a state funeral at Washington’s National Cathedral. The common assessment that he was a better ex-president than president rankled Carter and his allies. His prolific post-presidency gave him a brand above politics, particularly for Americans too young to witness him in office. But Carter also lived long enough to see biographers and historians reassess his White House years more generously. His record includes the deregulation of key industries, reduction of U.S. dependence on foreign oil, cautious management of the national debt and notable legislation on the environment, education and mental health. He focused on human rights in foreign policy, pressuring dictators to release thousands of political prisoners. He acknowledged America’s historical imperialism, pardoned Vietnam War draft evaders and relinquished control of the Panama Canal. He normalized relations with China. “I am not nominating Jimmy Carter for a place on Mount Rushmore,” Stuart Eizenstat, Carter’s domestic policy director, wrote in a 2018 book. “He was not a great president” but also not the “hapless and weak” caricature voters rejected in 1980, Eizenstat said. Rather, Carter was “good and productive” and “delivered results, many of which were realized only after he left office.” Madeleine Albright, a national security staffer for Carter and Clinton’s secretary of state, wrote in Eizenstat’s forward that Carter was “consequential and successful” and expressed hope that “perceptions will continue to evolve” about his presidency. “Our country was lucky to have him as our leader,” said Albright, who died in 2022. Jonathan Alter, who penned a comprehensive Carter biography published in 2020, said in an interview that Carter should be remembered for “an epic American life” spanning from a humble start in a home with no electricity or indoor plumbing through decades on the world stage across two centuries. “He will likely go down as one of the most misunderstood and underestimated figures in American history,” Alter told The Associated Press. James Earl Carter Jr. was born Oct. 1, 1924, in Plains and spent his early years in nearby Archery. His family was a minority in the mostly Black community, decades before the civil rights movement played out at the dawn of Carter’s political career. Carter, who campaigned as a moderate on race relations but governed more progressively, talked often of the influence of his Black caregivers and playmates but also noted his advantages: His land-owning father sat atop Archery’s tenant-farming system and owned a main street grocery. His mother, Lillian, would become a staple of his political campaigns. Seeking to broaden his world beyond Plains and its population of fewer than 1,000 — then and now — Carter won an appointment to the U.S. Naval Academy, graduating in 1946. That same year he married Rosalynn Smith, another Plains native, a decision he considered more important than any he made as head of state. She shared his desire to see the world, sacrificing college to support his Navy career. Carter climbed in rank to lieutenant, but then his father was diagnosed with cancer, so the submarine officer set aside his ambitions of admiralty and moved the family back to Plains. His decision angered Rosalynn, even as she dived into the peanut business alongside her husband. Carter again failed to talk with his wife before his first run for office — he later called it “inconceivable” not to have consulted her on such major life decisions — but this time, she was on board. “My wife is much more political,” Carter told the AP in 2021. He won a state Senate seat in 1962 but wasn’t long for the General Assembly and its back-slapping, deal-cutting ways. He ran for governor in 1966 — losing to arch-segregationist Lester Maddox — and then immediately focused on the next campaign. Carter had spoken out against church segregation as a Baptist deacon and opposed racist “Dixiecrats” as a state senator. Yet as a local school board leader in the 1950s he had not pushed to end school segregation even after the Supreme Court's Brown v. Board of Education decision, despite his private support for integration. And in 1970, Carter ran for governor again as the more conservative Democrat against Carl Sanders, a wealthy businessman Carter mocked as “Cufflinks Carl.” Sanders never forgave him for anonymous, race-baiting flyers, which Carter disavowed. Ultimately, Carter won his races by attracting both Black voters and culturally conservative whites. Once in office, he was more direct. “I say to you quite frankly that the time for racial discrimination is over,” he declared in his 1971 inaugural address, setting a new standard for Southern governors that landed him on the cover of Time magazine. His statehouse initiatives included environmental protection, boosting rural education and overhauling antiquated executive branch structures. He proclaimed Martin Luther King Jr. Day in the slain civil rights leader’s home state. And he decided, as he received presidential candidates in 1972, that they were no more talented than he was. In 1974, he ran Democrats’ national campaign arm. Then he declared his own candidacy for 1976. An Atlanta newspaper responded with the headline: “Jimmy Who?” The Carters and a “Peanut Brigade” of family members and Georgia supporters camped out in Iowa and New Hampshire, establishing both states as presidential proving grounds. His first Senate endorsement: a young first-termer from Delaware named Joe Biden. Yet it was Carter’s ability to navigate America’s complex racial and rural politics that cemented the nomination. He swept the Deep South that November, the last Democrat to do so, as many white Southerners shifted to Republicans in response to civil rights initiatives. A self-declared “born-again Christian,” Carter drew snickers by referring to Scripture in a Playboy magazine interview, saying he “had looked on many women with lust. I’ve committed adultery in my heart many times.” The remarks gave Ford a new foothold and television comedians pounced — including NBC’s new “Saturday Night Live” show. But voters weary of cynicism in politics found it endearing. Carter chose Minnesota Sen. Walter “Fritz” Mondale as his running mate on a “Grits and Fritz” ticket. In office, he elevated the vice presidency and the first lady’s office. Mondale’s governing partnership was a model for influential successors Al Gore, Dick Cheney and Biden. Rosalynn Carter was one of the most involved presidential spouses in history, welcomed into Cabinet meetings and huddles with lawmakers and top aides. The Carters presided with uncommon informality: He used his nickname “Jimmy” even when taking the oath of office, carried his own luggage and tried to silence the Marine Band’s “Hail to the Chief.” They bought their clothes off the rack. Carter wore a cardigan for a White House address, urging Americans to conserve energy by turning down their thermostats. Amy, the youngest of four children, attended District of Columbia public school. Washington’s social and media elite scorned their style. But the larger concern was that “he hated politics,” according to Eizenstat, leaving him nowhere to turn politically once economic turmoil and foreign policy challenges took their toll. Carter partially deregulated the airline, railroad and trucking industries and established the departments of Education and Energy, and the Federal Emergency Management Agency. He designated millions of acres of Alaska as national parks or wildlife refuges. He appointed a then-record number of women and nonwhite people to federal posts. He never had a Supreme Court nomination, but he elevated civil rights attorney Ruth Bader Ginsburg to the nation’s second highest court, positioning her for a promotion in 1993. He appointed Paul Volker, the Federal Reserve chairman whose policies would help the economy boom in the 1980s — after Carter left office. He built on Nixon’s opening with China, and though he tolerated autocrats in Asia, pushed Latin America from dictatorships to democracy. But he couldn’t immediately tame inflation or the related energy crisis. And then came Iran. After he admitted the exiled Shah of Iran to the U.S. for medical treatment, the American Embassy in Tehran was overrun in 1979 by followers of the Ayatollah Ruhollah Khomeini. Negotiations to free the hostages broke down repeatedly ahead of the failed rescue attempt. The same year, Carter signed SALT II, the new strategic arms treaty with Leonid Brezhnev of the Soviet Union, only to pull it back, impose trade sanctions and order a U.S. boycott of the Moscow Olympics after the Soviets invaded Afghanistan. Hoping to instill optimism, he delivered what the media dubbed his “malaise” speech, although he didn’t use that word. He declared the nation was suffering “a crisis of confidence.” By then, many Americans had lost confidence in the president, not themselves. Carter campaigned sparingly for reelection because of the hostage crisis, instead sending Rosalynn as Sen. Edward M. Kennedy challenged him for the Democratic nomination. Carter famously said he’d “kick his ass,” but was hobbled by Kennedy as Reagan rallied a broad coalition with “make America great again” appeals and asking voters whether they were “better off than you were four years ago.” Reagan further capitalized on Carter’s lecturing tone, eviscerating him in their lone fall debate with the quip: “There you go again.” Carter lost all but six states and Republicans rolled to a new Senate majority. Carter successfully negotiated the hostages’ freedom after the election, but in one final, bitter turn of events, Tehran waited until hours after Carter left office to let them walk free. At 56, Carter returned to Georgia with “no idea what I would do with the rest of my life.” Four decades after launching The Carter Center, he still talked of unfinished business. “I thought when we got into politics we would have resolved everything,” Carter told the AP in 2021. “But it’s turned out to be much more long-lasting and insidious than I had thought it was. I think in general, the world itself is much more divided than in previous years.” Still, he affirmed what he said when he underwent treatment for a cancer diagnosis in his 10th decade of life. “I’m perfectly at ease with whatever comes,” he said in 2015. “I’ve had a wonderful life. I’ve had thousands of friends, I’ve had an exciting, adventurous and gratifying existence.”Readers Write: One Minnesota, drunken driving, burial assistance
RTE star Arthur Gourounlian left his fans gushing after he showcased his daughters' festive outfits. The Dancing With The Stars judge and his Six O'Clock Show host hubby Brian Dowling share two kids together - Blake, 2, and five-month-old Blu. The pair often shares snippets of their lives with their little ones on social media . The celebrity couple recently told how this year's festive season is "extra special" as it is Blu's first Christmas . The dads are going all out to make it unforgettable for their daughters. And this year, they are taking part in "25 Days of Christmas fashion" with their Blake and Blu. The family-of-four enjoyed a fun-filled day out at Newbridge House & Farm. Arthur took to his Instagram afterwards to showcase Blake and Blu's adorable festive outfits for the occasion. The sisters both sported matching Christmas jumpers which Arthur described as: "Charming sweaters with a Fair Isle pattern featuring red trucks, green trees, and geometric accents, a nostalgic nod to the holiday spirit." He then added: "Blu paired her sweater with a rust-coloured corduroy skirt, highlighted by a statement button detail." Then describing Blakes outfit, he wrote: "Blake chose a pleated plaid skirt in neutral tones, complemented by white tights and elegant off-white shoes adorned with delicate bow details. "Her outfit was playfully accessorised with a fluffy white bear-shaped purse, perfect for a whimsical winter day." The dad-of-two shared a series of snaps of his little ones looking happy as ever. Arthur's fans and friends all raced to the comments to gush over the sweet post. Jean said: "Two little fashion icons." Marie wrote: "Love the girls outfits... always beautiful." Joanne gushed: "Your girls are just the cutest ever." Karen commented: "Oh my goodness - absolutely gorgeous." Another added: "Adorable." Arthur recently left his fans in stitches after he shared a "hilarious" Elf on the Shelf prank . While recording the video, he began at the top of the stairs, where a trail of toilet paper stretched all the way down into the sitting room. Blake looked completely shocked as she entered into the room in her dad's arms. She was welcomed by a room filled with teddy bears and baby Blu sitting amongst them all. There was also a pyramid of toilet rolls on the mantlepiece with elves sitting on it.
Published 4:31 pm Friday, December 27, 2024 By Data Skrive Today’s NBA lineup has a lot in store. Among the nine games is the Oklahoma City Thunder facing the Charlotte Hornets. How to watch all the games in the NBA today is included here. Get the latest news sent to your inbox Sign up for NBA League Pass to get access to games, live and on-demand, and more for the entire season and offseason. Watch ESPN originals, The Last Dance and more NBA content on ESPN+. Use our link to sign up for ESPN+ or the Disney bundle. Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER .Moderna COVID-19 Vaccine Facility Opens, Aims to Produce 100 Million Doses a YearUN expert: Myanmar's desperate military ramps up attacks including beheadings, rapes and tortureA new competitor is making waves in cryptocurrencies, taking the lead from established tokens and meme coins. At just $0.175, Rexas Finance (RXS) is becoming increasingly popular, and experts estimate it will climb to $15 within seven months. Shiba Inu (SHIB) transformed meme currencies with its devoted community and speculative profits. By focusing more on utility, RXS is a leader in real-world asset (RWA) tokenization and blockchain development. Rexas Finance is among the most fascinating enterprises in cryptocurrency because of its unique combination of creativity and accessibility. It attracts both institutional players and ordinary investors. The Rising Star of Blockchain Innovation Rexas Finance is a complete ecosystem meant to transform blockchain use, not just another token trying to get attention. Real-world asset tokenization (RWA), a new trend bridging traditional finance with distributed technology, is fundamental in its value proposition. RWA tokenization is blockchain-based token creation from physical items, including intellectual property, commodities, or real estate. These tokens show ownership, which helps fractionalized investments, simplified transactions, and more worldwide accessibility. Rexas Finance is positioned especially in this field since it provides a platform that guarantees security and compliance and streamlines the tokenizing of assets process. This utility contrasts sharply with meme currencies like SHIB, which mostly rely on speculative trading and hype. Despite its explosive development, Shiba Inu lacks the fundamental innovation that produces sustained value over time. From $0.03 to $0.175: A Rapidly Growing Presale Rexas Finance has already shown its capacity to draw in capital. Beginning its presale at just $0.03, the token has increased over six-fold to reach its present price of $0.175 during the 11th presale round. Strong demand is reflected in this increase; the initiative has raised an impressive $ 33.4 million and sold over 381.7 million tokens thus far. This type of presale performance says volumes about the faith investors have in RXS. Unlike Shiba Inu, which first became popular on social media buzz, Rexas Finance has gained momentum on a well-organized road map, strong technology, and pragmatic use cases. Unparalleled Utility with a Token Builder and Launchpad Apart from emphasizing RWA tokenization, Rexas Finance Token Builder and Launchpad enable developers and business owners. By allowing users to design, distribute, and launch their tokens, these tools help democratize blockchain technology and lower barriers to innovation. By offering such resources, Rexas Finance promotes itself as a center for distributed development, attracting fresh projects and supporting a vibrant ecosystem. This emphasis on creativity and accessibility guarantees that RXS is a platform with actual influence rather than only speculative value. Rexas Finance has far more infrastructure and comparable capability than Shiba Inu. Although SHIB has developed tools like its distributed exchange (DEX), it remains mainly in the meme coin category, where community-driven price increases take precedence over utility. The Market Dynamics Favoring RXS The crypto market changes quickly as investors look for assets that mix genuine value with growth possibilities. Though still somewhat popular, meme coins like Shiba Inu are under fierce competition from tokens with practical value and creative applications. Rexas Finance fits quite nicely in this story. Its capacity to enable RWA tokenization fits the increasing trend of blockchain integration with conventional banking. RXS will likely lead in this field as more businesses embrace tokenization to improve efficiency and open new investment prospects. Furthermore, the token's price of $0.175 qualifies a broad spectrum of investors, from cryptocurrency beginners to experienced traders. For investors looking for significant profits in a short period, RXS presents an appealing possibility, with a projected price of $15 in seven months. The Path to $15: A Perfect Storm of Factors Rexas Finance's projection of $15 by mid-2025 is not unqualified optimism but is supported by a convergence of events. The token's fast presale success, which emphasizes utility, lays a firm foundation and guarantees long-term development. Furthermore, the project's listing on CoinMarketCap and CoinGecko improves its visibility and attracts a growing group of investors ready to engage in its ecosystem. Once RXS reaches significant exchanges, this increased exposure, combined with its creative elements, prepares the ground for a parabolic surge. Comparatively, speculative trading mostly drove Shiba Inu's popularity; utility or creativity was unimportant. Although SHIB is still a favorite pick among meme coin aficionados, its growth potential is progressively constrained compared to tokens like RXS, which have practical uses and fit rising market trends. Conclusion: A New Era for Crypto Investments Rexas Finance marks the subsequent development in blockchain technology, and it is not only a rival to Shiba Inu. By stressing real-world asset tokenization, creative tools for developers, and a reasonable price range, RXS is reinventing what it takes to be a successful cryptocurrency. At $0.175, Rexas Finance presents an unparalleled opportunity for investors to profit from the subsequent significant development in cryptocurrencies. RXS is positioned to outperform Shiba Inu and take the lead in blockchain as the market moves toward utility-driven assets. If the forecasts are correct, Rexas Finance might turn early adopters into the next generation of crypto millionaires, making $15 a possibility and a certainty. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
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If given the choice, most dogs would prefer to stay with their grandparents over their owners because of the endless treats. But because they don't have a choice, one dog showed his true feelings in a recent TikTok. Calvin the cavapoo—a mix between a Cavalier King Charles spaniel and a toy poodle —spent the weekend with his grandparents. It only took a few days for Calvin to taste the sweet life: treats, extra food, endless snuggles. He learned that he could do no wrong at his grandparents' house. Realizing his worth, he wanted to make a change when he returned to his home. In the November 13 TikTok video posted under the account @cavapoo.named.cal, Calvin sat with his parents in the living room. A seriousness overcame his demeanor as he readied to address his unfair treatment. His eyes peered into their souls. He had been unimpressed with the spoiledness level his parents had been giving him compared to his grandparents. The text on the video read Calvin's "expectations are higher now." And to show them he meant business, he stomped on the ground. They needed to step up their game or else he would go live with his grandparents. Cal's hilarious reaction amassed 860,700 views, 55,300 likes and 316 comments as of Friday. TikTok users immediately stood up for the injustice Calvin had been receiving with his owners. Newsweek reached out to @cavapoo.named.ca via email for additional comment. "The little stomp to indicate he was finally 'putting his foot down!'" commented a viewer. Another added: "Calvin ain't having it!!! He said level up!" Other owners know firsthand how dogs come home unimpressed after being with their grandparents: "Omg same I pick up my doodle and he's like, 'Wait I got to do whatever I wanted all night with grandma.'" Someone else pointed out: "And they come back a lil chunkier bc the grandparents think you're starving them." The owner responded: "Exactly! My mom said, 'You sure you are feeding him correctly?' Like ma'am he's fine." However, one cannot necessarily blame grandparents for always spoiling their human or furry grandchildren. An article from Scientific Origin reported that the bond between grandparents and grandchildren is rooted in emotional fulfillment, psychological rewards and social dynamics. The connection allows them to have unconditional love without the direct stress of parenting. Grandparents might also see their grandbabies as a "reward for successfully raising children." They feel accomplished seeing their children grow into adults and start their own families. Plus, grandparents typically have more time on their hands versus when they were raising their children. This gives them an opportunity to make up for lost time they might've felt they lost with their own children. Do you have funny and adorable videos or pictures of your pet you want to share? Send them to life@newsweek.com with some details about your best friend and they could appear in our Pet of the Week lineup.Best Books to Read On Cryptocurrency and BlockchainCofounders vesting schedule and how it works
Browns restructure QB Deshaun Watson's contract to create cap space, flexibility, AP source saysThe Ben and wife expect a babyRupee tumbles 3% in 2024; turbulence to ebb in slow motion in next year PTI Updated: December 29th, 2024, 17:01 IST in Business , Feature 0 Pic- IANS Share on Facebook Share on Twitter Share on WhatsApp Share on Linkedin Mumbai: The Indian rupee tumbled 3 per cent in 2024 as concerns over slower economic growth and the green buck’s global strength weighed, but it was among the least volatile currencies in the world and the headwinds may be less intense in the coming year. Rupee settled at new lows as the year closed as dollar’s resurgence weighed on emerging-market currencies. Also Read Mcap of 6 of top-10 most valued firms climbs Rs 86,847.88 cr; HDFC Bank, RIL biggest gainers 56 mins ago Horoscope December 29: Forecast for all zodiac signs from Aries to Pisces 9 hours ago The action-packed 2024 continued to impact the rupee’s exchange rate against major currencies throughout, with a series of geopolitical events ranging from the Russia-Ukraine war and crisis in the Middle East to trade disruptions in the Red Sea and elections across several major economies. Global factors, including measures taken by major central banks, have hit not only the rupee-dollar dynamics but also disrupted the exchange rates of currencies across all emerging economies. In fact, the rupee’s fall with respect to the dollar has been less than its depreciation in terms of other currencies. And it has ended up with gains compared to euro and the Japanese yen. Reserve Bank of India’s (RBI) ex-governor Shaktikanta Das also said in the central bank’s December bi-monthly monetary policy that the Indian rupee has remained less volatile compared to its peers in emerging markets. Yet, the RBI has been more active in its efforts towards stabilising the rupee-dollar rate, thanks to increased demand for the greenback due to India’s dependence on oil imports and the widening trade deficit. “RBI was also seen intervening actively in NDF (non-deliverable forward) markets to prevent sharp depreciation of the rupee,” said Naveen Mathur, Director – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. This was evident in foreign exchange reserves, which declined from the record high of USD 704.89 billion in late September to USD to USD 644.39 billion as of December 20, 2024, the lowest level in nearly six months. The foreign currency assets also include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. India’s external challenges intensified as China’s GDP growth slowed to 4.8 per cent, reducing demand for Indian exports. Besides, supply chain disruptions due to tensions in the Middle East and escalated crisis in the Red Sea hit the trade balance of several countries, including India. The RBI’s log of the daily exchange rate movement of rupee versus major currencies showed the domestic unit has depreciated against the greenback by almost 3 per cent from 83.19 level on January 1 to 85.59 on December 27 this year, with a record decline of Re 2 in the past two months. It breached the crucial 84 level on October 10, surpassed Rs 85-a-dollar mark on December 19 and even touched the life-time low of 85.80 during intra-day December 27, recording the steepest single-day fall in nearly two years. However, the local unit has witnessed a gain of 8.7 per cent against yen rising from the rate of Rs 58.99 per 100 yen on January 1 to Rs 54.26 on December 27. And the gain was even increased to almost 9 per cent since September 17, when the rate hit the peak of Rs 59.63 per 100 units of the Japanese currency. Similarly, in terms of euro, the rupee registered a gain of over 5 per cent since its lowest level of Rs 93.75 a euro on August 27 to Rs 89.11 on December 27. Experts attributed the trend to the unprecedented rise in dollar strength due to improved macroeconomic factors in the US, which prompted the Federal Reserve to move slower towards easing monetary policy, and the outcome of the Presidential election in the world’s largest economy. President-elect Donald Trump’s declared intention to raise tariffs on Chinese imports spooked currency traders worldwide, triggering an unabated chase for the greenback, leading to the mass exodus of foreign capital from Indian equity markets. “The US dollar outperformed the market with 6.9 per cent gain in 2024. Improvement in the US economy, weakness in Europe and geopolitical concerns led to a surge in the US dollar, said Anuj Choudhary, Research Analyst at Mirae Asset Sharekhan. The most significant weakness in the rupee was observed in the latter half of 2024, particularly between October and December, driven by substantial Foreign Institutional Investors (FII) outflows, said Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. During this period, the Indian stock markets witnessed around Rs 1.70 lakh crore of FII outflows, “which weighed heavily on the rupee’s performance”, he said. However, the outlook for the Indian currency next year is relatively stable and projected to range between 82 and 87 against dollar, said Ajit Mishra, SVP, Research, Religare Broking Ltd. “A potential recovery may be supported by government policy measures and improvements in domestic economic growth,” Mishra said. In 2025, a number of global events are expected to influence the currency market trends. The most significant cues are expected to come from the US Federal Reserve’s interest rate moves and President Donald Trump’s trade measures that are likely to make Chinese imports costlier, fuelling inflation in the world’s largest economy. If the Trump administration adopts an ultra-protectionist stance, such an approach could disrupt global trade and capital flows, fuelling volatility across asset classes and currency markets, said Anindya Banerjee, SVP, Head of Research, Currency, Commodity & Interest Rates, Kotak Securities. India’s economic growth, projected at 6.5-7.5 per cent for 2025, could support the rupee, while monetary easing by the RBI to stimulate growth could hit the currency adversely. “For 2025, we expect the rupee to fall to Rs 87/USD. The upside may be limited to Rs 83,” Choudhary of Mirae Asset Sharekhan, said, adding that China’s much-awaited fiscal stimulus in the first half and expected slowing down in the US economy in the second half will support the rupee later. PTI Tags: currency INR Rupee Share Tweet Send Share Suggest A Correction Enter your email to get our daily news in your inbox. Leave this field empty if you're human:
Alibaba Cloud Drives AI Enhancements Across Industries In Asia Media Outreach Newswire APACHow Vivajets Leverages Collaborations, Tech to Facilitate Business Connectivity in Africa 12-27-2024 07:16 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: Getnews / PR Agency: PRChoices Amidst economic pressure in many African countries, the continent is experiencing a significant boom in private aviation with a reported 15% increase in private jet flights in the past one year. According to key experts, including Felipe Reisch of AV Buyer, players in this boom mostly come from Nigeria, South Africa, and Kenya, which are currently leading the market. Long regarded as a luxury, only accessible to the top elite, private aviation in fast becoming a tool for facilitating business connectivity in Africa. One of the companies positioning itself at the fulcrum of this development is Nigeria's Vivajets. Image: https://www.getnews.info/uploads/2b8f2f80dda1dc549d7fc70cb314303e.jpg Vivajets, a brand under the Falcon Aero group, provides premier aviation services with a focus on innovation and inclusivity. Through its platforms, Charterxe and FlyPJX, the company is making private aviation more accessible while maintaining its commitment to luxury and excellence. In December 2024, Vivajets sponsored the Africa Financial Summit (AFIS) in Casablanca, Morrocco. Right from the onset, Vivajets set out to fulfill two missions that have set it apart in the aviation industry. Firstly, it wants to deploy business aviation as a tool for solving business connectivity problems within and with Africa. Secondly, it wants to democratize access to private aviation and make the service more inclusive and accessible to more people whilst retaining its top-notch customer service and luxury experience. Image: https://www.getnews.info/uploads/1e2339b470e4fc16a69c863e6b1684e1.jpg To appreciate the business connectivity gap in Africa, it is pertinent to put it in perspective. In Africa, despite close physical proximity, political, linguistic and infrastructural constraints have complicated communications and transportation between countries. This has led to difficulties in doing business with Africans and within Africa. For instance, flying around Africa can be difficult, long and frustrating for business executives. The CEO of Vivajets, Erika Achum, puts it succinctly during an international press conference in September 2023, noting how ridiculous it is, that a commercial flight from Lagos to Luanda (3 hours apart), will have to make a detour in Europe enroute. By leveraging on private aviation, business executives can get to their target destinations faster, and more conveniently, thereby solving the connectivity problem. Nevertheless, the cost of booking private jets is so exorbitant that it is considered a luxury that is accessible to only a few. This is where Vivajets' second mission of making private aviation more accessible and affordable comes in. On one hand, the company is increasing capacity to meet up with rising demands, whilst on the other hand, it is deploying collaborations, technology and other innovations to increase affordability and open the market to a new customer segment. One of the factors that gives Vivajets an edge in this area is its end-to-end business model that integrates aircraft maintenance, acquisition, sale and charter services all in one basket. For instance, an aircraft under the fractional ownership program can be used for charter flights to service other customers whilst at the same time, generating revenue for the owners and to maintain the aircraft. The company's fractional ownership program also makes an aircraft to be an investment to its owners as much as a business tool. Furthermore, Vivajets has leveraged heavily on international collaborations to raise funds and expand its business capacity, with operations opening in multiple African countries, Europe, Middle East and North America. This has led the firm to participate in several high-profile international events including the World Economic Forum, WEF (Davos), Africa CEO Forum, ACF (Kigali), Invest in Africa Conference, AFSIC(London), and the latest, Africa Financial Summit, AFIS (Casablanca). In Casablanca, CEO, Chukwuerika Achum remarked that business aviation is not just a service; it's a critical enabler for progress. It connects leaders, ideas, and opportunities, helping to shape a brighter future for Africa. Chief Operating Officer, Tejumade Salami, added that the firm is 'democratizing' private aviation, ensuring more leaders and organizations can harness its benefits to drive growth and transformation in Africa. Lastly, in its quest to make private aviation inclusive, Vivajets is leveraging on technology, leading to the emergence of two new brands under the Falcon aero group. One of the products being developed is Charterxe, a digital platform for private jet booking. Charterxe is poised to cause a disruption in the African private aviation industry, akin to what ride hailing apps like Uber did to taxis. By removing middlemen and reducing bottlenecks, Charterxe can make private aviation more efficient and more affordable. Another technology product in the making is FlyPJX, a novel charter per seat platform that will make it possible to book a seat on an aircraft rather than the entire plane. "Innovation and technology have been critical factors in our success story. We are building products that integrate digital technology with tailored service delivery to improve booking and travel experience," Basil Agbor, Head of Products and Innovation remarked, as the company sponsored AFSIC, which took place in October 2024. Vivajets has come to make an impact in a hitherto exclusive and conservative industry with a unique approach that combines world class aviation services, international collaborations and leverage on technology. For media inquiries, please contact: Ayodele Arowosegbe PR & Communications Consultant 234-8083994570 Media Contact Company Name: Brandware Nigeria Contact Person: Ayodele Arowosegbe Email: Send Email [ http://www.universalpressrelease.com/?pr=how-vivajets-leverages-collaborations-tech-to-facilitate-business-connectivity-in-africa ] Country: Nigeria Website: https://brandwarenigeria.com This release was published on openPR.
Share this Story : Victim of Christmas Day homicide remembered as 'a beautiful person' Copy Link Email X Reddit Pinterest LinkedIn Tumblr Breadcrumb Trail Links News Local News Victim of Christmas Day homicide remembered as 'a beautiful person' Jolene Arreak's death was just the latest tragedy for her family. Get the latest from Catherine Morrison straight to your inbox Sign Up Author of the article: Catherine Morrison Published Dec 27, 2024 • 3 minute read Join the conversation You can save this article by registering for free here . Or sign-in if you have an account. Jolene Arreak paddling on the Kitchissippi River in 2023. Photo by Handout Article content The family of an Ottawa woman, who was the city’s 25th homicide victim this year, is sadly no stranger to tragedy. Jolene Arreak died at a Hintonburg residence on Spadina Avenue on Christmas Day. Arreak is just the latest family member that was the victim of a homicide after her sister, Vivian Sula Enuaraq, and two nieces died in an apparent murder-suicide in Iqaluit almost 15 years ago. Advertisement 2 Story continues below This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Elizabeth Payne, David Pugliese, Andrew Duffy, Bruce Deachman and others. Plus, food reviews and event listings in the weekly newsletter, Ottawa, Out of Office. Unlimited online access to Ottawa Citizen and 15 news sites with one account. Ottawa Citizen ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. Support local journalism. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Elizabeth Payne, David Pugliese, Andrew Duffy, Bruce Deachman and others. Plus, food reviews and event listings in the weekly newsletter, Ottawa, Out of Office. Unlimited online access to Ottawa Citizen and 15 news sites with one account. Ottawa Citizen ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. Support local journalism. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Sign In or Create an Account Email Address Continue or View more offers If you are a Home delivery print subscriber, online access is included in your subscription. Activate your Online Access Now Article content In June 2011, Police found Enuaraq and her two daughters, seven-year-old Alexandra Degrasse, and two-year-old Aliyah Degrasse dead inside their family home, after they discovered Enuaraq’s common-law husband dead at an Iqaluit cemetery, lying next to a rifle. “I wish I could afford to go where Jolene’s mom lives because I would go be with her,” said Susan Martin a family friend of the Arreaks for more than a decade who lives in Calgary. In events that likely feel all too familiar for the family, Ottawa police are investigating the homicide of Arreak, who was 46 years old. The homicide broke the city’s yearly total record of 24 set in 1995 and 2016. Another victim survived the Christmas Day attack and was treated in hospital before being released, according to police. Neighbours have identified that man as Arreak’s uncle, J.P. Foo. Police said they arrested a 35-year-old man named Manasi Foo and charged him with second-degree murder. He was also charged with attempted murder. He appeared in court on Boxing Day and was held in custody, according to police. Audrey Redman hosted a Christmas Dinner that Arreak had planned to attend. She only found out the next day that her friend had been the victim of a homicide. Evening Update The Ottawa Citizen’s best journalism, delivered directly to your inbox by 7 p.m. on weekdays. There was an error, please provide a valid email address. Sign Up By signing up you consent to receive the above newsletter from Postmedia Network Inc. Thanks for signing up! A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Evening Update will soon be in your inbox. We encountered an issue signing you up. Please try again Article content Advertisement 3 Story continues below This advertisement has not loaded yet, but your article continues below. Article content “We’re really gonna miss her,” said Redman, adding that Arreak “had no fear” and was very trusting. “It breaks all our hearts.” Neecha Dupuis, another friend, said she was supposed to pick Arreak up to bring her to Redman’s for dinner, but didn’t when she didn’t hear from her. “I probably would have walked into all of that, it would have been horrible for me and a lot of our friends, but I was shielded from all that, I guess. I wasn’t meant to go that way,” Dupuis said. “There’s so many people in Ottawa that are so upset right now.” Friends remembered Arreak as a happy, friendly and spiritual person, who was always willing to help. “Jolene is really special,” said Redman, who is a residential school survivor and whose sister was murdered in Vancouver. “Such a sweet girl, I’ve never really met anybody like her.” Redman said she called Arreak a “firefly” because “she was so bright and she always just got so much light to everywhere she went.” Martin said Arreak was “a beautiful person” who “had a good heart and a good spirit.” “Whether she knew you or not and you needed a hug, she gave you a hug. If you needed her to sit down, to talk about anything, she was that person.” Advertisement 4 Story continues below This advertisement has not loaded yet, but your article continues below. Article content Martin, who has also lost a daughter to murder, said the Arreak family has lost five family members in the last 15 years. The death of Arreak’s aunt, Deborah Evaluarjuk, was documented in the inquiry into missing and murdered Indigenous women and girls in 2018. Redman said the crisis of missing and murdered Indigenous women and girls is “a reoccurring problem.” “Our people, especially our women, are put in these situations where they end up being the ones that are the victims of it all,” Redman said. “I think every First Nations family across Canada, I’m sure each one of us, of all of our families, we’ve lost people that way, murder or suicide or missing.” With Postmedia files. Recommended from Editorial Ottawa police investigate Christmas Day homicide in Hintonburg Public servants continue to struggle with Phoenix issues as government promises new pay system Article content Share this article in your social network Share this Story : Victim of Christmas Day homicide remembered as 'a beautiful person' Copy Link Email X Reddit Pinterest LinkedIn Tumblr Comments You must be logged in to join the discussion or read more comments. Create an Account Sign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. 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