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TORONTO — The Grey Cup-champion Toronto Argonauts signed American running back Kevin Brown on Friday. The five-foot-nine, 205-pound Brown rushed for 522 yards on 101 carries in 12 games last season with the Edmonton Elks. He added 22 catches for 138 yards before finishing the ’24 campaign on the CFL club’s practice roster. In 2023, Brown ran for 1,141 yards and four TDs with Edmonton. He also had 28 receptions for 222 yards and a touchdown. Brown, 28, spent three seasons with the Elks, running for 2,149 yards (six-yard average) and five TDs. He added 74 catches for 536 yards and a touchdown in 37 regular-season games. This report by The Canadian Press was first published Dec. 13, 2024. The Canadian PressChina's policymakers are set to take a more proactive approach to macroeconomic policies in the year ahead, aiming to tackle both short-term challenges arising from lackluster demand and structural issues, said economists. Citing the recently concluded Central Economic Work Conference, they said the country is fine-tuning its macroeconomic strategy, marking a significant shift toward a consumption-driven economy as it prepares for expansionary fiscal and monetary policies in 2025. "The deficit ratio for 2025 is likely to be the highest on record," said Xiong Yuan, chief economist at Guosheng Securities, anticipating that the government would set the projected deficit-to-GDP ratio for 2025 at 3.5-4 percent or higher in March, up from 3 percent for this year. The Chinese government started to release the annual projected deficit ratio in 2010, with the highest reading in 2020 at 3.6 percent as COVID-19 hit, according to market tracker Wind Info. Xiong said next year's quota of special local government bonds is expected to increase to more than 4.5 trillion yuan ($616.5 billion) from a record high of 3.9 trillion yuan this year, in addition to special treasury bonds of over 2 to 3 trillion yuan in 2025, up from 1 trillion yuan for 2024. Xiong's remarks came as the Central Economic Work Conference held in December pledged to implement more proactive and effective macroeconomic policies, boost domestic demand, drive the integration of sci-tech innovation and industrial innovation, and stabilize the real estate sector and stock markets. The nation will maintain basic equilibrium in the balance of payments and better synchronize the income growth of households and economic expansion, according to the meeting. "While promoting industrial sectors was the top task last year, expanding domestic demand is in the top spot this year," said Lu Ting, chief China economist at Nomura. Lu said that the conference called for more specific measures to support consumption, including increasing basic pension payments, raising fiscal subsidies for basic medical insurance and developing policies to boost fertility. "Overall, the conference adds support to our relatively optimistic view on fiscal policies in 2025 and our view that Beijing may stick to the 'around 5 percent' GDP growth target in 2025," he said. According to the conference, policymakers pledged to roll out more initiatives to boost consumption, including greater strides in equipment upgrades and consumer goods trade-in programs. Looking forward, Lu said policymakers might consider an increase in spending on social security for lower-income households and encouraging childbirth. "We especially expect policymakers to significantly increase payments to those rural pensioners (55 percent of total pensioners) whose average monthly pension income is only 225 yuan," he said. "They may also increase financial support for families with a second or third child. And they may also waive part of the annual 400 yuan fee on basic medical insurance for low-income individuals." As the conference reiterated a "more proactive fiscal policy", Lu said his team forecasts a total of 3.6 trillion yuan in incremental borrowing for 2025 versus 2024, or around 2.6 percent of GDP. "We expect the official deficit ratio to be raised from 3 percent this year to 4 percent next year," he said. "We expect net financing from central government special bonds to be raised to 1.5 trillion yuan from 1 trillion yuan in 2024." Regarding local government special bonds, Lu said his teams expect a small increase to 4.5 trillion yuan in 2024. Echoing the meeting of the Political Bureau of the Communist Party of China Central Committee held earlier this month, the Central Economic Work Conference statement vowed to conduct "moderately accommodative" monetary policy, switching away from a "prudent" monetary policy for the past 14 years. "The use of words 'moderately accommodative' for monetary policy is the first time since the meeting of the Political Bureau of the CPC Central Committee in July 2010, when China was still dealing with the aftermath of the global financial crisis," Lu added. "The readout emphasizes the dual roles of aggregate and structural monetary policy instruments, leaving room for potential incremental policies from these People's Bank of China structural facilities." The Central Economic Work Conference also promises to launch policy rate cuts and reserve requirement ratio cuts in a timely manner or whenever it is deemed appropriate, maintaining sufficient liquidity, leading the growth rate of aggregate financing and monetary supply to be mostly aligned with the expected targets of economic growth and price inflation. "The focus on the policy rate and RRR cuts is consistent with our view, as we forecast two rounds of policy rate cuts in the first quarter and second quarter of 2025, respectively, and one 50-basis-point RRR cut before end-2024 and two 50-basis-points RRR cuts in 2025," Lu said. With the help of a raft of government measures aimed at stimulating domestic demand and stabilizing growth in the second half of this year, China's economy showed sustained recovery with the latest economic indicators pointing to green shoots of a steady rebound heading into 2025. Data released by the National Bureau of Statistics showed that China's value-added industrial output grew 5.4 percent year-on-year in November, up from a 5.3 percent rise in the previous month. "This improvement reflects the impact of a series of incremental policy measures that have bolstered market confidence and supported demand recovery," said Wang Qing, chief macroeconomic analyst at Golden Credit Rating International. Looking ahead, Wang believes that the demand for consumption and investment will continue to pick up amid a series of stimulus measures, driving strong growth in industrial production. "Industrial production growth will remain robust in December, likely in the range of 5 percent to 6 percent." NBS data showed that the growth of retail sales slowed to 3 percent year-on-year in November from 4.8 percent in October, while fixed-asset investment saw 3.3 percent year-on-year growth during the January-November period, down from 3.4 percent in the first 10 months. Wang said the growth rate of retail sales slowed in November, as this year's "Double 11" shopping festival presale started earlier, shifting some consumer demand from November to October. With consumption-boosting policies taking effect gradually and the gradual improvement in consumer sentiment, Wang estimated retail sales to grow around 4.5 percent year-on-year in December. "We anticipate that in 2025, policy measures to stimulate consumption will be further ramped up," he said. Among these measures, Wang said the country may fund a 600 billion yuan tradein deal for consumer goods to spark household demand, and the range of subsidized products is likely to expand to include consumer electronics, home furnishings, and other durable goods. Meanwhile, he believes fiscal support for childbirth might be piloted next year, such as one-time or monthly subsidies for families with newborns, with the support scale potentially reaching 100 billion yuan. "There may also be a nationwide issuance of consumption vouchers and subsidies in 2025, which would expand the scope of consumption stimulation from durable goods to include general merchandise and service consumption," he said. "This reflects an important shift in the current macroeconomic policy direction, where the previous countercyclical investment policies with a key emphasis on investment are now shifting toward a more balanced approach, prioritizing both consumption and investment, with an increased focus on consumption."
Popular social media personality Barkat Arora is here again to captivate you with her amazing dance skills. In her latest clip, shared on Instagram, Arora was seen dancing her heart out on Bollywood song, "Ishq Shava", leaving netizens mesmerised. Dressed in all black attire, she was first seen dancing on the instrumental tune. As the song began, she threw her jacket in style, garnishing praises from the spectators. A few moments later, she was also joined by her coach, Nanak Singh. Meanwhile, the spectators kept cheering up for the duo, as they stole the show with the iconic performance. Watch View this post on Instagram A post shared by B Sheokhand (@barkat.arora) "इश्क़ शवा, मुश्क़ शवा Mila mila mila mila AANKH mila Year end Munchkins @barkat.arora", the clip was captioned. Here's how netizens reacted Netizens are obviously stunned to witness such a grand performance. "Love your expressions cutie pie", an user commented. Another user wrote, "Mind blowing". "Great energy", a third joined.Countries in Europe are slamming the brakes on asylum cases filed by Syrian migrants in the wake of the fall of dictator Bashar al-Assad, but it is not yet clear whether the U.S. will take similar action. The U.K. and Norway, along with E.U. countries of Austria, Belgium, Germany, Greece, Finland, Ireland and Sweden, have suspended applications from Syrians after the fall of the Assad regime. While it does not necessarily mean those people will be returned to Syria, it puts those applications in limbo in a continent that saw a massive surge of Syrian migration during the 2015 European migration crisis. TRUMP'S PLEDGE AGAINST 'FOREVER WARS' COULD BE TESTED WITH SYRIA IN HANDS OF JIHADIST FACTIONS The European Union has also said that conditions are not currently in place for the safe return of nationals to Syria. While Europe has seen a considerably more sizeable influx of migrants from Syria than the U.S., it is not clear how those cases in the U.S. will change, if at all, given the changing political dynamics in the Middle Eastern... Adam ShawBengals keep confidence and playoff hopes high as they head for a showdown with Pittsburgh
BEIRUT, Lebanon — Israel approved a United States-brokered ceasefire agreement with Lebanon's Hezbollah on Tuesday, setting the stage for an end to nearly 14 months of fighting linked to the ongoing war in the Gaza Strip. In the hours leading up to the Cabinet meeting, Israel carried out its most intense wave of strikes in Beirut and its southern suburbs and issued a record number of evacuation warnings. At least 24 people were killed in strikes across the country, according to local authorities, as Israel signaled it aims to keep pummeling Hezbollah in the final hours before any ceasefire takes hold. Israel's security Cabinet approved the ceasefire agreement late Tuesday after it was presented by Prime Minister Benjamin Netanyahu, his office said. U.S. President Joe Biden, speaking in Washington, called the agreement “good news” and said his administration would make a renewed push for a ceasefire in Gaza. An Israel-Hezbollah ceasefire would mark the first major step toward ending the regionwide unrest triggered by Hamas’ attack on Israel on Oct. 7, 2023. But it does not address the devastating war in Gaza. U.S. President-elect Donald Trump has vowed to bring peace to the Middle East, but neither he nor Netanyahu have proposed a postwar solution for the Palestinian territory, where Hamas is still holding dozens of hostages and the conflict is more intractable. Still, any halt to the fighting in Lebanon is expected to reduce the likelihood of war between Israel and Iran, which backs both Hezbollah and Hamas and exchanged direct fire with Israel on two occasions earlier this year. Netanyahu presented the ceasefire proposal to Cabinet ministers after a televised address in which he listed a series of accomplishments against Israel’s enemies across the region. He said a ceasefire with Hezbollah would further isolate Hamas in Gaza and allow Israel to focus on its main enemy, Iran, which backs both groups. “If Hezbollah breaks the agreement and tries to rearm, we will attack,” he said. “For every violation, we will attack with might.” Netanyahu's office later said Israel appreciated the U.S. efforts in securing the deal but "reserves the right to act against every threat to its security.” It was not immediately clear when the ceasefire would go into effect, and the exact terms of the deal were not released. The deal calls for a two-month initial halt in fighting and would require Hezbollah to end its armed presence in a broad swath of southern Lebanon, while Israeli troops would return to their side of the border. Thousands of additional Lebanese troops and U.N. peacekeepers would deploy in the south, and an international panel headed by the United States would monitor all sides’ compliance. But implementation remains a major question mark. Israel has demanded the right to act should Hezbollah violate its obligations. Lebanese officials have rejected writing that into the proposal. Biden said Israel reserved the right to quickly resume operations in Lebanon if Hezbollah breaks the terms of the truce, but that the deal "was designed to be a permanent cessation of hostilities.” Hezbollah has said it accepts the proposal, but a senior official with the group said Tuesday that it had not seen the agreement in its final form. “After reviewing the agreement signed by the enemy government, we will see if there is a match between what we stated and what was agreed upon by the Lebanese officials,” Mahmoud Qamati, deputy chair of Hezbollah’s political council, told the Al Jazeera news network. “We want an end to the aggression, of course, but not at the expense of the sovereignty of the state.” of Lebanon, he said. “Any violation of sovereignty is refused.” Even as Israeli, U.S, Lebanese and international officials have expressed growing optimism over a ceasefire, Israel has continued its campaign in Lebanon, which it says aims to cripple Hezbollah’s military capabilities. An Israeli strike on Tuesday leveled a residential building in the central Beirut district of Basta — the second time in recent days warplanes have hit the crowded area near the city’s downtown. At least seven people were killed and 37 wounded, according to Lebanon's Health Ministry. Strikes on Beirut's southern suburbs killed at least one person and wounded 13, it said. Three people were killed in a separate strike in Beirut and three in a strike on a Palestinian refugee camp in southern Lebanon. Lebanese state media said another 10 people were killed in the eastern Baalbek province. Israel says it targets Hezbollah fighters and their infrastructure. Israel also struck a building in Beirut's bustling commercial district of Hamra for the first time, hitting a site that is around 400 meters (yards) from Lebanon’s Central Bank. There were no reports of casualties. The Israeli military said it struck targets in Beirut and other areas linked to Hezbollah's financial arm. The evacuation warnings covered many areas, including parts of Beirut that previously have not been targeted. The warnings, coupled with fear that Israel was ratcheting up attacks before a ceasefire, sent residents fleeing. Traffic was gridlocked, and some cars had mattresses tied to them. Dozens of people, some wearing their pajamas, gathered in a central square, huddling under blankets or standing around fires as Israeli drones buzzed loudly overhead. Hezbollah, meanwhile, kept up its rocket fire, triggering air raid sirens across northern Israel. Israeli military spokesman Avichay Adraee issued evacuation warnings for 20 buildings in Beirut's southern suburbs, where Hezbollah has a major presence, as well as a warning for the southern town of Naqoura where the U.N. peacekeeping mission, UNIFIL, is headquartered. UNIFIL spokesperson Andrea Tenenti told The Associated Press that peacekeepers will not evacuate. The Israeli military also said its ground troops clashed with Hezbollah forces and destroyed rocket launchers in the Slouqi area on the eastern end of the Litani River, a few kilometers (miles) from the Israeli border. Under the ceasefire deal, Hezbollah would be required to move its forces north of the Litani, which in some places is about 30 kilometers (20 miles) north of the border. Hezbollah began firing into northern Israel, saying it was showing support for the Palestinians, a day after Hamas carried out its Oct. 7, 2023, attack on southern Israel, triggering the Gaza war. Israel returned fire on Hezbollah, and the two sides have been exchanging barrages ever since. Israel escalated its campaign of bombardment in mid-September and later sent troops into Lebanon, vowing to put an end to Hezbollah fire so tens of thousands of evacuated Israelis could return to their homes. More than 3,760 people have been killed by Israeli fire in Lebanon the past 13 months, many of them civilians, according to Lebanese health officials. The bombardment has driven 1.2 million people from their homes. Israel says it has killed more than 2,000 Hezbollah members. Hezbollah fire has forced some 50,000 Israelis to evacuate in the country’s north, and its rockets have reached as far south in Israel as Tel Aviv. At least 75 people have been killed, more than half of them civilians. More than 50 Israeli soldiers have died in the ground offensive in Lebanon. ___ Chehayeb and Mroue reported from Beirut. Associated Press reporters Lujain Jo and Sally Abou AlJoud in Beirut contributed.
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