HUYA Inc. ( NYSE:HUYA – Get Free Report ) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 2,540,000 shares, a decrease of 18.8% from the November 30th total of 3,130,000 shares. Based on an average daily volume of 1,800,000 shares, the days-to-cover ratio is presently 1.4 days. Approximately 3.4% of the shares of the company are short sold. Analyst Upgrades and Downgrades Several analysts recently issued reports on the company. Citigroup cut their price target on HUYA from $5.90 to $5.00 and set a “buy” rating on the stock in a report on Thursday, November 14th. HSBC reiterated a “hold” rating and issued a $4.70 target price on shares of HUYA in a research note on Friday, October 11th. Hsbc Global Res lowered shares of HUYA from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 11th. Finally, Bank of America downgraded shares of HUYA from a “buy” rating to a “neutral” rating and cut their price objective for the company from $5.80 to $4.00 in a research report on Wednesday, November 6th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $5.68. Read Our Latest Stock Analysis on HUYA Institutional Trading of HUYA HUYA Price Performance Shares of HUYA stock opened at $3.05 on Friday. HUYA has a 1-year low of $2.89 and a 1-year high of $6.84. The company has a market capitalization of $710.90 million, a P/E ratio of -33.89 and a beta of 0.60. The business’s fifty day moving average price is $3.23 and its two-hundred day moving average price is $3.95. HUYA ( NYSE:HUYA – Get Free Report ) last issued its quarterly earnings data on Tuesday, November 12th. The company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.30. The business had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.53 billion. HUYA had a negative net margin of 2.51% and a positive return on equity of 0.30%. The company’s revenue was down 7.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.05 earnings per share. On average, research analysts expect that HUYA will post 0.16 earnings per share for the current fiscal year. About HUYA ( Get Free Report ) HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres. Read More Receive News & Ratings for HUYA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HUYA and related companies with MarketBeat.com's FREE daily email newsletter .By many accounts, Thailand consistently ranks among the most vulnerable countries in the world to climate change. The oft-cited Global Climate Risk Index by GermanWatch ranked Thailand's long-term climate risk in 2021 as 9th in the world. Thailand is one of the 10 most flood-affected countries in the world, and the risks it faces are expected to increase. In Thailand, "the number of people affected by an extreme river flood could grow by over 2 million by 2035–2044, and coastal flooding could affect a further 2.4 million people by 2070–2100", according to the 2021 climate risk country profile, published by the World Bank and the Asian Development Bank. Climate change not only threatens all key sectors of Thailand's economy, but its critical infrastructure in many areas is highly exposed to worsening climate scenarios, particularly the risks of heat stress, more intense and frequent floods, and land subsidence. As one of the world's most unequal countries in terms of income and wealth equality, what is more worrisome is that vulnerable groups in Thailand are likely to be the most disproportionately affected by climate change. Rural communities still dependent on agriculture and already saddled with high debt will face increased risks of crop damage and lower yields from floods and/or droughts, low-income urban residents face increased risk of property damage and loss of livelihoods from floods, and low-pay workers who work outdoors face increased risk of health hazards from higher temperatures. These potential climate impacts have clear implications on the health and wellbeing of the populace, and the income inequality and economic competitiveness of the country means that Thailand needs significant financing for climate adaptation. Such "adaptation finance" should be considered worthwhile investments, not expenses, since its purpose is to help avoid or reduce climate change's social and economic impacts. Financing this adaptation to climate change is complex because successful activities are highly context-specific -- financing better disaster preparedness requires a different approach from financing climate-smart agriculture, for example. However, we can estimate the overall scale of adaptation financing needed by looking at potential losses and damages from climate change. In 2021, for example, the Climate Economics Index of insurance giant Swiss Re estimates that Thailand's cumulative losses from climate change could amount to 19.5% of GDP by 2050, up from the 2018 level, if the world's average temperature rises 2C, and 42.6% of GDP under a 3.2C rise. Given Thailand's 2018 GDP of US$507 billion (17 trillion baht), the 19.5% cumulative loss estimate under the 2C rise scenario translates to $99 billion between 2018-2050. Adaptation investment totalling less than this amount is, therefore, worth making if it can help avoid such losses. Given the volatility and uncertainties inherent in climate risks, a precise calculation may be impossible, but this kind of ballpark estimate is still helpful in gauging the size of adaptation finance that would be needed. The amount of climate adaptation finance in Thailand remains minuscule compared to the financing needs. For an ongoing research project, our research team at Climate Finance Network Thailand (CFNT) compiled publicly disclosed data from different sources of funds and found that the total financing in Thailand that went into climate adaptation activities between 2018-2024 amounted to only 14 billion baht, most of which was spent by the government in various conservation projects (which helps reduce climate change impacts on ecosystems), promoting climate-smart rice farming with support from the Green Climate Fund, flood diversion canals, and disaster risk reduction programmes. Thailand is not alone in facing a significant financing gap between climate adaptation needs and actual investments. The Adaptation Gap Report 2023 by the UN Environment Programme (UNEP) estimates the current adaptation finance gap worldwide at $194-366 billion per year. The report suggests several ways to increase adaptation financing, including "domestic expenditure and international and private sector finance. Additional avenues include remittances, increasing and tailoring finance to small and medium enterprises, and reforming the global financial architecture. The new Loss and Damage fund will also need to move towards more innovative financing mechanisms to reach the necessary scale of investment." Meanwhile, in September, the Global Innovation Lab for Climate Finance, or "the Lab" in short, launched a report titled "A Decade of Climate Finance Innovation: Impact Lessons from the Lab". The Lab was founded in 2014 by the UK, German, and US governments as a global public-private initiative to "identify, design, and support the piloting of new climate finance instruments with the aim of unlocking billions of dollars of fresh private investment for climate change mitigation and adaption in developing countries". Members of the Lab include leaders from governments, pension funds, investment banks, project developers, and development finance institutions. During its first decade, the Lab's portfolio of climate finance solutions has mobilised over $4 billion through 78 innovative financing instruments in emerging markets around the world, including $1.6 billion from the private sector. I believe the Lab's success stories in spurring private investment in climate adaptation are highly instructive and applicable for Thailand. Thailand needs the private sector to engage in climate financing. Despite the country's well-developed and sophisticated private sector, financial markets, and financial institutions, the involvement of the private sector and private financial institutions in adaptation financing has been nearly nonexistent. I pick three of these strategies depicted in The Lab's report and rank them in the order of urgency that I believe suits Thailand's context. 1. Capacity-building reduces pipeline risk and creates investment incentives. Many promising climate adaptation projects in Thailand are conceived and run by government officials, civil society and philanthropic organisations or local community members. They, or people who assist them with access to finance, need more technical skills to create and maintain monitoring systems to measure and report climate adaptation outcomes. They also need certain financial know-how to secure loans and manage climate adaptation finances. Funders, especially grant-based, should provide technical assistance for the entire duration, ranging from initial planning to ensuring that projects can be operated and monitored in the long run. Access to credible and actionable climate risk data, particularly water stress maps and heat stress maps under different climate scenarios, is among the first steps that are necessary to incentivise private investment in climate adaptation since companies will be spurred to action if they see more clearly how climate change will likely affect their business. Therefore, technical assistance and investments in the gathering, analysis, and distribution of climate risk data should also form an integral part of climate finance capacity building in Thailand. 2. Blended finance mitigates risks and unlocks private capital. Many risks, such as political instability and revenue risks, are common barriers to private investment in developing countries, including Thailand. The growing field of structuring "blended finance", or using public and philanthropic funds to mobilise private capital, helps alleviate the concerns of private investors and allows different types of investors with different risk appetites to work together for a common goal. There should be many opportunities for structuring blended finance for climate adaptation in Thailand, given the well-developed financial markets and financial intermediaries, a small but growing number of impact investors, the need for a more cost-effective deployment of the government budget, especially in response to climate-related disasters, and the clear climate-adaptation needs. 3. Aggregated portfolios better meet the needs of larger private investors. Small projects often find it difficult to attract larger investors due to high transaction costs and low per-transaction returns. Bundling several projects into a single investment package can make them more attractive and achieve the necessary economies of scale for larger investors. In India, the Lab-supported Sustainable Energy Bonds (SEBs) bundled small loans for rooftop solar and energy efficiency retrofits to spread their fixed costs and create an appealing value proposition for debt investors. CFNT explored a similar concept in our research report, "Here Comes Everybody: Boosting Residential Solar Financing with Crowdfunding Models in Thailand", which was launched in October. Sarinee Achavanuntakul is Head of Research at Fair Finance Thailand and Director of Climate Finance Network Thailand (CFNT).
OTTAWA – The United States improved to 2-0 on the tournament after beating an inspired Latvian team 5-1 on Saturday. USA will look to stay hot with a meeting against the 1-1 Finnish team on Sunday, while Latvia will take on the Germans on Monday. Danny Nelson led the way for the Americans, scoring two goals, with assists from fellow New York Islanders prospect Cole Eiserman. Ryan Leonard and Zeev Buium both scored for the Americans, showing that the big guns mean business. Latvia did get a late goal, with Davids Livsics converting on a bouncing puck to make it 4-1. At that point, though, it was far too late for the Latvians to get back in it, with Max Plante scoring one late to finish the scoring. USA #12 James Hagens, C (2025 NHL Draft): Hagens had a pair of primary assists on excellent plays in the second period. He loves distributing in open space, and he’s especially good at setting up his good buddy and Boston College teammate Ryan Leonard. With Canada’s Matthew Schaefer out for the tournament and Porter Martone playing deeper in the lineup, Hagens has had a chance to show why many consider him to be the top prospect in the 2025 NHL Draft. Sitting at six points through two games doesn’t hurt, either. #30 Hampton Slukynsky, G (Los Angeles Kings): After a bit of an iffy game from Trey Augustine, Slukynsky took the reigns and looked great against the Latvians. He stopped almost every shot sent his way, which included a busy opening 40 minutes for the American keeper. His glove hand was on point, and his reactions seemed quicker than I remember him from his draft year. Look for Augustine to go the distance from here, but Slukynsky proved that he can handle anything thrown at him. #91 Cole Eiserman, LW (New York Islanders): Eiserman had an electric second period, leading all players with four shots. They were all quality chances, too, and he nearly had a fifth that would have gone in if it wasn’t for a huge block by a Latvian penalty killer. Add in the two assists on both of Nelson’s goals for good measure and it’s a good sign to see him thriving right now. #17 Danny Nelson, C (New York Islanders): Nelson isn’t known for his scoring, but he had a pair today. He started the scoring at 1:58 when he took Eiserman’s feed in front of the net and continued it with a power-play marker with six seconds left in the middle stanza. His defensive game was great, as usual. Latvia #29 Linards Feldbergs, G (Undrafted): Feldbergs was busy against Canada, and while he had a quieter night against the Americans, asking him to play against two tournament heavyweights in less than 24 hours is a tough ask. Feldbergs was especially good on a second-period penalty kill, robbing a high-flying American attack three separate times. There’s only so much you can do when your team doesn’t score, but Feldbergs showed again why he might be the best story of the tournament so far. #24 Daniels Serkins, LW (2025 NHL Draft): Scouts definitely took notice of Serkins’ multiple blocks. He was clearly in some serious pain multiple times, but he was the reason why the United States probably didn’t score another three goals. He’s not big or strong, but he’s energetic and committed to keeping the puck away from the net – you love to see that. This article first appeared on Daily Faceoff and was syndicated with permission.Trump vows to pursue executions after Biden commutes most of federal death row
NEW YORK —The New York Department of State’s Division of Consumer Protection is providing tips to help consumers navigate return and refund policies. According to the National Retail Federation, this year’s holiday weekend from Thanksgiving Day through Cyber Monday set record levels for consumer spending. The State of Retail Returns 2024 Report states $743 billion dollars’ worth of merchandise were returned last year. However, policies vary from store to store, making returns and refunds a challenge at times. Consumers should be aware of laws that protect them so they can make informed decisions about holiday returns and understand what to look for when reviewing return and refund policies. “As the holiday shopping season comes to an end, both gift givers and receivers may have changed their minds about what they bought,” Secretary of State Walter T. Mosley said in a news release. “But depending on where you’re returning the items, there may be some limitations. It’s important for consumers to pay attention, prior to purchase, the return and refund policy so you can exchange that item you’ll never use for something you love.” The Division of Consumer Protection offers the following tips to help consumers navigate return and refund policies: Pay Attention to Return Policies: New York State law requires that stores post their refund policies conspicuously – on the item, at the store entrance or on or near the cash register. Retailers must provide a written copy of the store’s return policy when requested. New York State Law does not require retailers to accept returns; however, they must post a conspicuous notice visible to consumers before the point of sale, advising that no returns will be accepted.If the retailer does not post a return policy, the law requires the retailer accept returns of unused, undamaged merchandise within 30 days of the purchase date. The returned item must include a proof of purchase and the refund must be in the form of cash or credit based on the customer’s preference.Understand the Refund Terms: For retailers that allow returns, New York State law does not require refunds to be given in any specific manner. However, it does require the form of the refund – cash, credit or exchange – be clearly disclosed in advance of purchase. Retailers must also disclose any fees associated with the return. If no fee is listed, customers should inquire whether the store imposes a re-stocking fee for returned merchandise and determine prior to purchase if the item can be returned for a refund or only store credit. Retain Any Proofs of Purchase: Consumers should hold on to receipts in the event a product needs to be returned. If purchasing gifts, ask if a gift receipt is available. It is also advised to keep the packaging of an item, along with its confirmation number. Consumers having difficulty obtaining a refund are encouraged to file a complaint with the New York State Division of Consumer Protection. About the New York State Division of Consumer Protection Follow the New York Department of State on Facebook, X and Instagram and check in every Tuesday for more practical tips that educate and empower New York consumers on a variety of topics. Sign up to receive consumer alerts directly to your email or phone here. The New York State Division of Consumer Protection provides voluntary mediation between a consumer and a business when a consumer has been unsuccessful at reaching a resolution on their own. The Consumer Assistance Helpline 1-800-697-1220 is available Monday to Friday from 8:30am to 4:30pm, excluding State Holidays, and consumer complaints can be filed at any time at www.dos.ny.gov/consumerprotection. The Division can also be reached via X at @NYSConsumer or Facebook.Tyler Seguin needs hip surgery, jeopardizing his season with the Dallas StarsBy ADRIANA GOMEZ LICON FORT LAUDERDALE, Fla. (AP) — President-elect Donald Trump promised on Tuesday to “vigorously pursue” capital punishment after President Joe Biden commuted the sentences of most people on federal death row partly to stop Trump from pushing forward their executions. Related Articles National Politics | Elon Musk’s preschool is the next step in his anti-woke education dreams National Politics | Trump’s picks for top health jobs not just team of rivals but ‘team of opponents’ National Politics | Biden will decide on US Steel acquisition after influential panel fails to reach consensus National Politics | Biden vetoes once-bipartisan effort to add 66 federal judgeships, citing ‘hurried’ House action National Politics | A history of the Panama Canal — and why Trump can’t take it back on his own Trump criticized Biden’s decision on Monday to change the sentences of 37 of the 40 condemned people to life in prison without parole, arguing that it was senseless and insulted the families of their victims. Biden said converting their punishments to life imprisonment was consistent with the moratorium imposed on federal executions in cases other than terrorism and hate-motivated mass murder. “Joe Biden just commuted the Death Sentence on 37 of the worst killers in our Country,” he wrote on his social media site. “When you hear the acts of each, you won’t believe that he did this. Makes no sense. Relatives and friends are further devastated. They can’t believe this is happening!” Presidents historically have no involvement in dictating or recommending the punishments that federal prosecutors seek for defendants in criminal cases, though Trump has long sought more direct control over the Justice Department’s operations. The president-elect wrote that he would direct the department to pursue the death penalty “as soon as I am inaugurated,” but was vague on what specific actions he may take and said they would be in cases of “violent rapists, murderers, and monsters.” He highlighted the cases of two men who were on federal death row for slaying a woman and a girl, had admitted to killing more and had their sentences commuted by Biden. On the campaign trail, Trump often called for expanding the federal death penalty — including for those who kill police officers, those convicted of drug and human trafficking, and migrants who kill U.S. citizens. “Trump has been fairly consistent in wanting to sort of say that he thinks the death penalty is an important tool and he wants to use it,” said Douglas Berman, an expert on sentencing at Ohio State University’s law school. “But whether practically any of that can happen, either under existing law or other laws, is a heavy lift.” Berman said Trump’s statement at this point seems to be just a response to Biden’s commutation. “I’m inclined to think it’s still in sort of more the rhetoric phase. Just, ‘don’t worry. The new sheriff is coming. I like the death penalty,’” he said. Most Americans have historically supported the death penalty for people convicted of murder, according to decades of annual polling by Gallup, but support has declined over the past few decades. About half of Americans were in favor in an October poll, while roughly 7 in 10 Americans backed capital punishment for murderers in 2007. Before Biden’s commutation, there were 40 federal death row inmates compared with more than 2,000 who have been sentenced to death by states. “The reality is all of these crimes are typically handled by the states,” Berman said. A question is whether the Trump administration would try to take over some state murder cases, such as those related to drug trafficking or smuggling. He could also attempt to take cases from states that have abolished the death penalty. Berman said Trump’s statement, along with some recent actions by states, may present an effort to get the Supreme Court to reconsider a precedent that considers the death penalty disproportionate punishment for rape. “That would literally take decades to unfold. It’s not something that is going to happen overnight,” Berman said. Before one of Trump’s rallies on Aug. 20, his prepared remarks released to the media said he would announce he would ask for the death penalty for child rapists and child traffickers. But Trump never delivered the line. One of the men Trump highlighted on Tuesday was ex-Marine Jorge Avila Torrez, who was sentenced to death for killing a sailor in Virginia and later pleaded guilty to the fatal stabbing of an 8-year-old and a 9-year-old girl in a suburban Chicago park several years before. The other man, Thomas Steven Sanders, was sentenced to death for the kidnapping and slaying of a 12-year-old girl in Louisiana, days after shooting the girl’s mother in a wildlife park in Arizona. Court records show he admitted to both killings. Some families of victims expressed anger with Biden’s decision, but the president had faced pressure from advocacy groups urging him to make it more difficult for Trump to increase the use of capital punishment for federal inmates. The ACLU and the U.S. Conference of Catholic Bishops were some of the groups that applauded the decision. Biden left three federal inmates to face execution. They are Dylann Roof, who carried out the 2015 racist slayings of nine Black members of Mother Emanuel AME Church in Charleston, South Carolina; 2013 Boston Marathon bomber Dzhokhar Tsarnaev ; and Robert Bowers, who fatally shot 11 congregants at Pittsburgh’s Tree of Life Synagogue in 2018 , the deadliest antisemitic attack in U.S history. Associated Press writers Jill Colvin, Michelle L. Price and Eric Tucker contributed to this report.By ADRIANA GOMEZ LICON FORT LAUDERDALE, Fla. (AP) — President-elect Donald Trump promised on Tuesday to “vigorously pursue” capital punishment after President Joe Biden commuted the sentences of most people on federal death row partly to stop Trump from pushing forward their executions. Related Articles National Politics | Elon Musk’s preschool is the next step in his anti-woke education dreams National Politics | Trump’s picks for top health jobs not just team of rivals but ‘team of opponents’ National Politics | Biden will decide on US Steel acquisition after influential panel fails to reach consensus National Politics | Biden vetoes once-bipartisan effort to add 66 federal judgeships, citing ‘hurried’ House action National Politics | A history of the Panama Canal — and why Trump can’t take it back on his own Trump criticized Biden’s decision on Monday to change the sentences of 37 of the 40 condemned people to life in prison without parole, arguing that it was senseless and insulted the families of their victims. Biden said converting their punishments to life imprisonment was consistent with the moratorium imposed on federal executions in cases other than terrorism and hate-motivated mass murder. “Joe Biden just commuted the Death Sentence on 37 of the worst killers in our Country,” he wrote on his social media site. “When you hear the acts of each, you won’t believe that he did this. Makes no sense. Relatives and friends are further devastated. They can’t believe this is happening!” Presidents historically have no involvement in dictating or recommending the punishments that federal prosecutors seek for defendants in criminal cases, though Trump has long sought more direct control over the Justice Department’s operations. The president-elect wrote that he would direct the department to pursue the death penalty “as soon as I am inaugurated,” but was vague on what specific actions he may take and said they would be in cases of “violent rapists, murderers, and monsters.” He highlighted the cases of two men who were on federal death row for slaying a woman and a girl, had admitted to killing more and had their sentences commuted by Biden. On the campaign trail, Trump often called for expanding the federal death penalty — including for those who kill police officers, those convicted of drug and human trafficking, and migrants who kill U.S. citizens. “Trump has been fairly consistent in wanting to sort of say that he thinks the death penalty is an important tool and he wants to use it,” said Douglas Berman, an expert on sentencing at Ohio State University’s law school. “But whether practically any of that can happen, either under existing law or other laws, is a heavy lift.” Berman said Trump’s statement at this point seems to be just a response to Biden’s commutation. “I’m inclined to think it’s still in sort of more the rhetoric phase. Just, ‘don’t worry. The new sheriff is coming. I like the death penalty,’” he said. Most Americans have historically supported the death penalty for people convicted of murder, according to decades of annual polling by Gallup, but support has declined over the past few decades. About half of Americans were in favor in an October poll, while roughly 7 in 10 Americans backed capital punishment for murderers in 2007. Before Biden’s commutation, there were 40 federal death row inmates compared with more than 2,000 who have been sentenced to death by states. “The reality is all of these crimes are typically handled by the states,” Berman said. A question is whether the Trump administration would try to take over some state murder cases, such as those related to drug trafficking or smuggling. He could also attempt to take cases from states that have abolished the death penalty. Berman said Trump’s statement, along with some recent actions by states, may present an effort to get the Supreme Court to reconsider a precedent that considers the death penalty disproportionate punishment for rape. “That would literally take decades to unfold. It’s not something that is going to happen overnight,” Berman said. Before one of Trump’s rallies on Aug. 20, his prepared remarks released to the media said he would announce he would ask for the death penalty for child rapists and child traffickers. But Trump never delivered the line. One of the men Trump highlighted on Tuesday was ex-Marine Jorge Avila Torrez, who was sentenced to death for killing a sailor in Virginia and later pleaded guilty to the fatal stabbing of an 8-year-old and a 9-year-old girl in a suburban Chicago park several years before. The other man, Thomas Steven Sanders, was sentenced to death for the kidnapping and slaying of a 12-year-old girl in Louisiana, days after shooting the girl’s mother in a wildlife park in Arizona. Court records show he admitted to both killings. Some families of victims expressed anger with Biden’s decision, but the president had faced pressure from advocacy groups urging him to make it more difficult for Trump to increase the use of capital punishment for federal inmates. The ACLU and the U.S. Conference of Catholic Bishops were some of the groups that applauded the decision. Biden left three federal inmates to face execution. They are Dylann Roof, who carried out the 2015 racist slayings of nine Black members of Mother Emanuel AME Church in Charleston, South Carolina; 2013 Boston Marathon bomber Dzhokhar Tsarnaev ; and Robert Bowers, who fatally shot 11 congregants at Pittsburgh’s Tree of Life Synagogue in 2018 , the deadliest antisemitic attack in U.S history. Associated Press writers Jill Colvin, Michelle L. Price and Eric Tucker contributed to this report.
Bandu’s Blockbusters for Dec 29, 2024
London faces fresh EU battle over lucrative derivatives market By ALEX BRUMMER Updated: 14:05 GMT, 28 December 2024 e-mail View comments The future of one of the City's biggest and most profitable markets - trading and clearing derivative contracts - could come under threat next year unless the UK can carve out a new deal with the EU. In the first half of 2024, the London Clearing House (LCH), part of the London Stock Exchange Group, cleared $799tn (£630tn) of transactions, up 15pc on the same half of the previous year. The strength of the LCH has confounded critics of Brexit, who expected wholesale trading of financial contracts focused on London to fracture and move to centres such as Frankfurt and Paris. The unwillingness of German and other regulators to take on the risk of dealings on less developed platforms meant the exodus never happened. The right of London to trade derivative contracts generated by financial institutions based in the EU rests on a temporary waiver by Brussels and European financial regulators. That deal expires in June. If there were a hiatus in talks on 'equivalence', European banks would be able to access derivative clearing using 'active account requirement'. These largely backup accounts allow commercial firms to use a European clearing house. Post-Brexit talks: Negotiations between London and the EU are ongoing over a 'waiver' on derivatives trading that runs out in June 'The market has been growing, so has the number of participants, clients and members. That business continues to do very well,' a London Stock Exchange Group source told the Daily Mail. Nevertheless, to secure the LCH's future, Britain will need a more permanent 'equivalence' deal with the EU to allow European-based banks and financial groups to retain access to LCH trading. The importance of derivative trading to London is hard to calculate. But it means banks from across the globe deploy trading teams in the Square Mile to close deals and manage the risk on their books. Negotiations between London and the EU are ongoing, with the Bank of England, which is responsible for maintaining financial stability, in the forefront of the talks. Officials hope the issue of equivalence - where European regulators deem UK regulation to be equal to that on the Continent - can be resolved. But some Continental financial centres regret UK domination of derivatives. Another fear is that negotiations in this highly technical area could be caught up in broader efforts by Keir Starmer's Government to have close economic ties to our former EU partners. DIY INVESTING PLATFORMS AJ Bell AJ Bell Easy investing and ready-made portfolios Learn More Learn More Hargreaves Lansdown Hargreaves Lansdown Free fund dealing and investment ideas Learn More Learn More interactive investor interactive investor Flat-fee investing from £4.99 per month Learn More Learn More Saxo Saxo Get £200 back in trading fees Learn More Learn More Trading 212 Trading 212 Free dealing and no account fee Learn More Learn More Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence. Compare the best investing account for you Share or comment on this article: London faces fresh EU battle over lucrative derivatives market e-mail Add comment Some links in this article may be affiliate links. If you click on them we may earn a small commission. That helps us fund This Is Money, and keep it free to use. We do not write articles to promote products. We do not allow any commercial relationship to affect our editorial independence. More top storiesNYS Division Division of Consumer Protection provides tips to for shopping returns
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Carson Beck completed 20 of 31 passes for 297 yards and four touchdowns as No. 10 Georgia pummeled UMass 59-21 on Saturday in Athens, Ga. Nate Frazier ran for career highs of 136 yards and three touchdowns, while Arian Smith caught three passes for 110 yards and a score as the Bulldogs (9-2) won their second straight game and 30th straight at home, dating back to 2019. AJ Hairston completed 7 of 16 passes for 121 yards and a score for the Minutemen (2-9), who dropped their third straight. Jalen John ran for 107 yards and a score and Jakobie Keeney-James caught three passes for 101 yards and a touchdown. Peyton Woodring kicked a 53-yard field goal to extend Georgia's lead to 31-14 on the first drive of the third quarter. But UMass wasted little time responding, as Hairston hit Keeney-James for a 75-yard touchdown to get the deficit down to 10. Georgia then finished its sixth straight drive with a score, as Frazier's 9-yard run up the middle gave the Bulldogs a 38-21 lead at the 8:44 mark of the third quarter. After UMass punted, Georgia played add-on in its next possession, with Frazier scoring from 15 yards out with 1:39 left in the third to lead 45-21. Frazier stamped his career day with his third touchdown run, a 2-yarder with 6:33 left, before Georgia capped the scoring with Chris Cole's 28-yard fumble return with 3:28 remaining. UMass took the game's opening drive 75 yards down the field -- aided by Ahmad Haston's 38-yard run -- and scored on CJ Hester's 1-yard run with 9:15 left. Georgia answered on its ensuing drive, as Beck's 17-yard passing touchdown to Oscar Delp tied the game at the 5:05 mark of the first quarter. Following a short punt by UMass, Beck connected with Smith for 49 yards, and a roughing-the-passer penalty put the ball at Minutemen's 14-yard line. Facing a fourth-and-4 from the 8-yard line, Beck found Cash Jones for a touchdown to take a 14-7 lead with 10:30 left in the second quarter. On UMass' next play from scrimmage, Raylen Wilson recovered John's fumble on the Minutemen's 28-yard line. Three plays later, Beck connected with Dominic Lovett for a 15-yard touchdown with 8:56 remaining. UMass then scored after a 14-play, 75-yard drive, finished off with John's 3-yard rushing score with 1:55 left in the first half. Georgia answered quickly, as Beck's 20-yard pass to Cole Speer set up a 34-yard touchdown pass to Smith with 43 seconds remaining, giving the Bulldogs a 28-14 halftime lead. --Field Level Media
Published 9:41 pm Sunday, December 29, 2024 by BILL BARROW, Associated Press Former President Jimmy Carter speaks on the eradication of the Guinea worm, Feb. 3, 2016, at the House of Lords in London. (Neil Hall/Pool Photo via AP, File) 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 president from Plains 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. And then, the world 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.” Email newsletter signup ‘An epic American life’ 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. A small-town start 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. ‘Jimmy Who?’ 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. Accomplishments, and ‘malaise’ 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. ‘A wonderful life’ 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.” Former Associated Press journalist Alex Sanz contributed to this report.NYS Division Division of Consumer Protection provides tips to for shopping returnsCentral Connecticut's defense makes 7 interceptions to earn NEC's bid to FCS playoffs
(Reuters) - Intel will have a CEO with manufacturing expertise as well as experience in the product side of the business, interim co-CEO David Zinsner said at the UBS technology conference on Wednesday. Reuters reported on Tuesday that Intel has started evaluating a handful of outsiders including former board member Lip-Bu Tan to take the reins of the struggling chipmaker. Intel's "core strategy remains intact", Zinsner said at the conference, two days after the struggling U.S. chipmaker announced the resignation of CEO Pat Gelsinger following impatience with the pace of a costly turnaround. The company also requires a "significant cultural change" to become a successful foundry player as well as in the semiconductor business, Intel's head of foundry manufacturing and supply chain Naga Chandrasekaran said. (Reporting by Zaheer Kachwala in Bengaluru; Editing by Shounak Dasgupta)The week ahead encourages Taurus natives to practice patience and deliberate action, as certain days could feel more challenging while others present welcome surges of inspiration. As the week begins on the 29th, you may already sense a cautious mindset settling in. This mood intensifies around the 30th, when you are advised to stay vigilant while driving and to minimize unnecessary risks in both personal and financial matters. You could confront tension with a spouse or partner, but calm communication can keep the peace. Fortunately, by midweek, your perseverance starts bearing fruit. You may notice a shift in your luck or experience doors opening that were previously shut. Where you encountered delays or obstacles, you can now experience smoother progress, particularly in legal, administrative, or property-related matters. As you cross into the first days of January, a sense of optimism will likely re-emerge. The close of the week sees you in a reflective mood, contemplating new ventures or expansions in your life and making strategic plans to set yourself up for steady success in the coming months. Love and Relationship In matters of the heart, the beginning of the week could test your composure. Differences of opinion, especially around the 30th and 31st, may lead to tension with your spouse. If you are dating or in a budding relationship, it’s best to avoid escalating small misunderstandings. Taurus is known for loyalty, but also for stubbornness; strive to find compromises before small rifts deepen. From around the midweek, the love climate improves noticeably. Singles may encounter promising new faces or develop fresh connections in group settings. If you are hoping to strengthen a current relationship, organize meaningful shared experiences – anything from a simple home-cooked meal to a nature outing. Taking the time to be supportive and actively listen can help unravel any knots of tension that formed earlier in the week. Those in committed partnerships stand to grow closer through heartfelt discussions, as you both plan future goals. Education and Career Educationally, this week demands careful attention to detail for Taurus students. The first couple of days may be marked by mental distractions or even physical discomfort, making it tough to focus. Perseverance is crucial: carve out consistent study blocks and reduce social media or leisure distractions when possible. By midweek, thanks to your natural determination, you can catch up on any backlog of reading or assignments. On the career front, whether you are employed or self-employed, this week offers a mix of hurdles and breakthroughs. You may face unexpected tests of your resilience early on. Around the 30th and 31st, forward momentum seems slow. Yet, come midweek, an opportunity for progress appears, especially for business owners looking to expand. Use the latter half of the week to network with those who can help you achieve your goals. Persistence is your strength, so trust that each small win pushes your career to new heights. Money and Finance Taurus individuals are typically adept at managing finances, yet the beginning of this period urges extra vigilance. The 30th and 31st caution you against hasty investments. If you have plans to venture into speculative markets, ensure you have done thorough research or consider deferring such decisions until you feel more financially secure. Unforeseen expenses could arise, so having a buffer in place will bring peace of mind. By the midweek, you might detect more favorable economic conditions. Some Tauruses could receive overdue funds or gain a boost from a side hustle or new client. This is a strategic time to finalize deals or engage in property negotiations, provided you remain wary of last-minute changes. Toward the weekend, your financial flow steadies, giving you the confidence to assess your financial goals calmly. Whether you plan to allocate funds for long-term investments or set aside money for personal pursuits, this is the moment to organize and finalize strategies. Health and Well-being On the wellness front, the start of the week can bring about some unease. You may encounter minor aches, pains, or digestive upsets, especially if stress levels run high. Cultivating healthy coping mechanisms—such as gentle stretches, hydration, or light exercise—can fend off potential ailments. In the middle to latter part of the week, as you settle into a more stabilized routine, you should see marked improvements in mood and vitality. Be mindful, however, that emotional stress can manifest physically if not properly addressed. Taking breaks, practicing mindfulness, or indulging in a calming activity (like reading or listening to music) will go a long way in maintaining equilibrium. Avoid confrontation and simmering anger, as internalized tension can aggravate health issues. With consistent self-care, you’ll wrap up the week feeling more grounded and ready to tackle new endeavors. Discover everything about astrology at the Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces .