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There is uneasy calm in Anambra state as the whereabouts of Godwin Okpala, a retired archbishop of the Niger is unknown Reports disclosed that the Archbishop was last seen on Friday when he embarked on a journey to Umuchu, a community in the state The incumbent Bishop of the Diocese, Ndubuisi Obi, confirmed the development and shared further details CHECK OUT: Education is Your Right! Don’t Let Social Norms Hold You Back. Learn Online with LEGIT. Enroll Now! Legit.ng journalist Esther Odili has over two years of experience covering political parties and movements. Awka, Anambra state - Reports making the rounds on Saturday, December 7, disclosed that an Anglican Bishop had been declared missing in Anambra state . Bishop missing after journey to Umuchu, Anambra The missing cleric, identified simply as Godwin Okpala, is a retired archbishop of the Niger Province and Bishop of Nnewi. PAY ATTENTION: Legit.ng Needs Your Help! Take our Survey Now and See Improvements at LEGIT.NG Tomorrow The leadership of the Anglican Diocese of Nnewi announced on Saturday that Mr Okpala, a professor, had gone missing since Friday, December 6. Read also Gunmen reportedly target Taraba governor’s mother, daughter hospitalized after shooting Premium Times reported that the incumbent Bishop of the Diocese, Ndubuisi Obi, in a Facebook post shared on Saturday, disclosed that the missing cleric embarked on a journey to Umuchu alongside his driver, but they were yet to reach their destination 24 hours after. “Since then, there has been no communication, and neither he, his driver, nor the vehicle have been located,” he said. “We earnestly plead for your fervent prayers for their safety and swift return,” the bishop appealed. Bishop missing: ‘Authorities now contacted’ Interestingly, the Anambra state police command is yet to release an official statement on the development but Mr Obi added that the leadership of the church has contacted “relevant authorities” over the situation and expressed hope that God would intervene in the matter. Read related articles here: Tears in Kogi as gunmen kill popular pastor on way to burial, 3 others kidnapped Former House of Reps member abducted in Nasarawa, police orderly killed, details emerge Read also Confusion as thieves cart away harvested rice in Nasarawa, governor Sule reacts Benue, Anambra attacks: Peter Obi decries rising insecurity Meanwhile, Legit.ng reported that Peter Obi raised an alarm over rising insecurity in Nigeria while reacting to recent terrorist attacks. On Thursday, Obi warned that the rising insecurity, coupled with economic challenges, is putting Nigeria at risk, urging the government led by President Tinubu to act before the country is irreparably damaged. Following the kidnapping of three employees from Innoson’s showroom in Anambra and the killing of 30 residents in Benue state, Obi called for enhanced security measures and immediate rescue efforts. PAY ATTENTION: Сheck out news that is picked exactly for YOU ➡️ find the “Recommended for you” block on the home page and enjoy! Source: Legit.ng
Trump taps Rollins as agriculture chief, completing proposed slate of Cabinet secretaries
President-elect Donald Trump campaigned on the promise that his policies would reduce high borrowing costs and lighten the financial burden on American households. But what if, as many economists expect, interest rates remain elevated, well above their pre-pandemic lows? Trump could point a finger at the Federal Reserve, and in particular at its chair, Jerome Powell, whom Trump himself nominated to lead the Fed. During his first term, Trump repeatedly and publicly ridiculed the Powell Fed, complaining it kept interest rates too high. Trump’s attacks on the Fed raised widespread concern about political interference in the Fed’s policymaking. Powell, for his part, emphasized the importance of the Fed’s independence: “That gives us the ability to make decisions for the benefit of all Americans at all times, not for any particular political party or political outcome.” Political clashes might be inevitable in the next four years. Trump’s proposals to cut taxes and impose steep and widespread tariffs are a recipe for high inflation in an economy operating at close to full capacity. And if inflation were to reaccelerate, the Fed would need to keep interest rates high. Because Powell won’t necessarily cut rates as much as Trump will want. And even if Powell reduces the Fed’s benchmark rate, Trump’s own policies could keep other borrowing costs — such as mortgage rates — elevated. The sharply higher tariffs that Trump vowed to impose could worsen inflation. And if tax cuts on things like tips and overtime pay — another Trump promise — quickened economic growth, that, too, could fan inflationary pressures. The Fed would likely respond by slowing or stopping its rate cuts, thereby thwarting Trump’s promises of lower borrowing rates. The central bank might even raise rates if inflation worsens. “The risk of conflict between the Trump administration and the Fed is very high,” Olivier Blanchard, former top economist at the International Monetary Fund, said recently. If the Fed increases rates, “it will stand in the way of what the Trump administration wants.” Yes, but with the economy sturdier than expected, the Fed’s policymakers may cut rates only a few more times — fewer than anticipated just a month or two ago. And those rate cuts might not reduce borrowing costs for consumers and businesses very much. The Fed’s key short-term rate can influence rates for credit cards, small businesses and some other loans. But it has no direct control over longer-term interest rates. These include the yield on the 10-year Treasury note, which affects mortgage rates. The 10-year Treasury yield is shaped by investors’ expectations of future inflation, economic growth and interest rates as well as by supply and demand for Treasuries. An example occurred this year. The 10-year yield fell in late summer in anticipation of a Fed rate cut. Yet once the first rate cut occurred Sept. 18, longer-term rates didn’t fall. Instead, they began to rise again, partly in anticipation of faster economic growth. Trump also proposed a variety of tax cuts that could swell the deficit. Rates on Treasury securities might then have to be increased to attract enough investors to buy the new debt. “I honestly don’t think the Fed has a lot of control over the 10-year rate, which is probably the most important for mortgages,” said Kent Smetters, an economist and faculty director at the Penn Wharton Budget Model. “Deficits are going to play a much bigger role in that regard.” Occasional or rare criticism of the Fed chair isn’t necessarily a problem for the economy, so long as the central bank continues to set policy as it sees fit. But persistent attacks would tend to undermine the Fed’s political independence, which is critically important to keeping inflation in check. To fight inflation, a central bank often must take steps that can be highly unpopular, notably by raising interest rates to slow borrowing and spending. Political leaders typically want central banks to do the opposite: keep rates low to support the economy and the job market, especially before an election. Research has found that countries with independent central banks generally enjoy lower inflation. Even if Trump doesn’t technically force the Fed to do anything, his persistent criticism could still cause problems. If markets, economists and business leaders no longer think the Fed is operating independently and instead is being pushed around by the president, they’ll lose confidence in the Fed’s ability to control inflation. Once consumers and businesses anticipate higher inflation, they usually act in ways that fuel higher prices — accelerating their purchases, for example, before prices increase further, or raising their own prices if they expect their expenses to increase. “The markets need to feel confident that the Fed is responding to the data, not to political pressure,” said Scott Alvarez, a former general counsel at the Fed. He can try, but it would likely lead to a prolonged legal battle that could even end up at the Supreme Court. At a November news conference, Powell made clear that he believes the president doesn’t have legal authority to do so. Most experts think Powell would prevail in the courts. And from the Trump administration’s perspective, such a fight might not be worth it. Powell’s term ends in May 2026, when the White House could nominate a new chair. It is also likely the stock market would tumble if Trump attempted such a brazen move. Bond yields would probably increase, too, sending mortgage rates and other borrowing costs up. Financial markets might also react negatively if Trump is seen as appointing a loyalist as Fed chair to replace Powell in 2026. Yes, and in the most egregious cases, it led to stubbornly high inflation. Notably, President Richard Nixon pressured Fed Chair Arthur Burns to reduce interest rates in 1971, which the Fed did, as Nixon sought reelection the next year. Economists blame Burns’ failure to keep rates sufficiently high for contributing to the entrenched inflation of the 1970s and early 1980s. Thomas Drechsel, an economist at the University of Maryland, said that when presidents intrude on the Fed’s interest rate decisions, “it increases prices quite consistently and it increases expectations, and ... that worries me because that means inflation might become quite entrenched.” Since the mid-1980s, with the exception of Trump in his first term, presidents have scrupulously refrained from public criticism of the Fed. “It’s amazing, how little manipulation for partisan ends we have seen of that policymaking apparatus,” said Peter Conti- Brown, a professor of financial regulation at the University of Pennsylvania’s Wharton School. “It really is a triumph of American governance.” Get local news delivered to your inbox!
Unlocking Secrets: Escape Room Roblox’s Mysterious Code RevealedArticle content Our navy is short thousands of sailors and struggling to build new ships, but they are looking after the important stuff – changing the official march song because it’s not woke. Recommended Videos Senior officers at the Royal Canadian Navy have spent four years discussing replacing Heart of Oak as their official march song. The song has been part of the Royal Canadian Navy since its inception, coming from the traditional march song of the Royal Navy in Britain. A briefing note drafted in December 2020 states there are three issues with the lyrics that are contrary to defence policy. Those issues include not being gender inclusive, celebrating a colonial past and a reference to slavery. “Disgusting,” one naval veteran said upon hearing about the attempt to change the song. “It’s all I’ve ever known,” said a still-serving officer who doesn’t support the move. No one should support the move; it’s ridiculous social justice crap not based in reality. Having read the lyrics and listened to the song, the reasons presented in the briefing note show a political agenda at work. “First, the line ‘to add something new to this wonderful year’ references Annus Mirabulis of 1759, various British victories as part of colonial conquests including over the French colony of Canada,” the briefing memo states. The Royal Canadian Navy is worried their march song celebrates a victory of Britain over France? That’s our history, deal with it, and yes, both Britain and France were colonial powers, France lost, move on. Secondly, the briefing note mentions the lyric “not press you like slaves,” which is today sung “as freemen not slaves,” and mentions that the Royal Navy had been involved in the slave trade. The more important thing to note is that no organization on the planet did more to eradicate slavery than the Royal Navy after Britain abolished slavery. The comment is historically ignorant to say the least. “Finally, the lyrics are not inclusive to all genders,” it states. The memo was drafted by Lt. Catherine Norris who is currently the Commanding Officer of the Central Band of the Canadian Armed Forces. Rather than simply delete the memo and the email it came with, officials decided to begin a process that has been going on for four years to find a new march song and throw out something that is part of Canadian naval tradition. “ Heart of Oak is very ingrained in the RCN, unlike a lot of commands/branches/units who couldn’t name or hum their march. However, I think it is worth pointing out the hypocrisy of changing the ranks be more inclusive while continuing to sing a March which isn’t,” wrote Lt. Norris. Seems having lyrics that refer to men and lads, but not to women or the other invented genders, just isn’t acceptable in the navy today. “One of the decisions at Admiral’s Council back in February was to replace Heart of Oak as the RCN march as it fails to meet muster on both GBA+ and Canadian grounds,” Vice Admiral Angus Topshee, the Commander of the Royal Canadian Navy, wrote in July 2022. For those not familiar with the term GBA+, it refers to Gender-based Analysis Plus, which is an official policy and commitment of the Canadian government under Justin Trudeau. “GBA Plus is an intersectional analysis that goes beyond biological (sex) and socio-cultural (gender) differences to consider other factors, such as age, disability, education, ethnicity, economic status, geography (including rurality), language, race, religion, and sexual orientation,” the government’s website states. Is there any military song that would be generic and inoffensive enough for this policy? The other day, Defence Minister Bill Blair said the Canadian Armed Forces as a whole are short 14,000 people. All three branches of the military are having trouble recruiting people join. Going woke and throwing military tradition away isn’t going to help that problem. blilley@postmedia.comHyderabad: Bharatiya Janata Party (BJP) president JP Nadda criticized the Congress as “parasitic” that survives by relying on other parties before eventually undermining them. He advised Telangana chief minister A Revanth Reddy to distance himself while he still could. Addressing a public meeting held by BJP at Saroornagar Stadium on Saturday, December 7, Nadda said that Congress was “standing on the crutches and running with the support of regional parties.” “Congress has been working on four principles- as long as you live, live happily, enjoy, borrow and drink ghee. When everything is over, who will remember whom?” he remarked, commenting on the state government taking loans. Comparing the Congress’ guarantees with a magician’s tricks, Nadda said that whether it was in Himachal Pradesh, Karnataka or Telangana, the party hasn’t fulfilled its election promises after coming to power. Listing out Congress’s promises, including giving Rs 12,000 per year to auto drivers, providing unemployment allowance to job-seekers, loan waiver of up to Rs 2 lakh, establishing 6,000 new schools, Rs 12,000 per year assistance to farm workers among the few, Nadda questioned whether the promises were fulfilled or not. As the mobilisation for the public meeting was thin, the ‘nay-saying voices’ were less in number and low in volume. Nadda claimed that through the devolution of taxes, the Modi government has provided Rs 1.60 lakh crore along with Rs 1.19 lakh crore as grants-in-aid to Telangana. He also said that the works for the establishment of the All India Institute of Medical Science (AIIMS) at Bibinagar will be completed shortly. Highlighting BJP secured seven seats in the Lok Sabha election from Telangana, Nadda expressed confidence that the saffron party will come to power in Telangana eventually. Union minister of state for home affairs Bandi Sanjay, addressing the meeting alleged that CM Revanth was a puppet in the hands of “urban naxals.” “Those appointed by the Congress government in the education commission are urban naxals. Half of the state government comprises urban naxals. Revanth Reddy’s government is trying to turn the youth of the state into naxals. Do you want to become someone like Ambedkar, Shivaji, Savarkar, Swami Vivekananda, Sardar Patel, or an urban naxal?” he asked the crowd. Bandi Sanjay also alleged that CM Revanth has a ‘secret dealing’ with BRS chief K Chandrashekar Rao and claimed it was this reason why senior leaders of the pink party, KTR and Harish Rao, are still not in jail.A look at how some of Trump's picks to lead health agencies could help carry out Kennedy's overhaul Donald Trump's health team picks include a retired congressman, a surgeon and a former talk-show host. All could play pivotal roles in fulfilling an agenda that could change how the government goes about safeguarding Americans’ health, from health care and medicines to food safety and science research. In line to be Trump's health secretary is anti-vaccine organizer Robert F. Kennedy Jr. He says his task is to “reorganize” federal health agencies. They employ 80,000 scientists, researchers, doctors and other officials, and effect Americans’ daily lives. Trump raced to pick many Cabinet posts. He took more time to settle on a treasury secretary WASHINGTON (AP) — President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time settling on billionaire investor Scott Bessent as his choice for treasury secretary. The Republican not only wanted someone who jibes with him, but an official who can execute his economic vision and look straight out of central casting while doing so. With his Yale University education and pedigree trading for Soros Fund Management before establishing his own funds, Bessent will be tasked with a delicate balancing act. Trump expects him to help reset the global trade order, enable trillions of dollars in tax cuts, ensure inflation stays in check, manage a ballooning national debt and still keep the financial markets confident. Israeli strikes in central Beirut kill at least 20 as diplomats push for a cease-fire BEIRUT, Lebanon (AP) — Lebanese officials say Israeli airstrikes have killed at least 20 people and injured dozens in central Beirut, as the once-rare attacks on the heart of Lebanon’s capital continue without warning. Diplomats are scrambling to broker a cease-fire but say obstacles still remain. The current proposal calls for a two-month cease-fire during which Israeli forces would withdraw from Lebanon and Hezbollah would end its armed presence along the southern border south of the Litani River. Lebanon’s Health Ministry says Israeli attacks have killed more than 3,500 people in Lebanon in the months of fighting that have turned into all-out war. Voters rejected historic election reforms across the US, despite more than $100M push JEFFERSON CITY, Mo. (AP) — Election reform advocates had hoped for a big year at the ballot box. That's because a historic number of states were considering initiatives for ranked choice voting or to end partisan primaries. Instead, voters dealt them big losses in the November elections. Voters in Arizona, Colorado, Idaho, Missouri, Montana, Nevada, Oregon and South Dakota all rejected proposed changes to their voting systems. In Alaska, a proposal to repeal ranked choice voting appears to have narrowly fallen short. The losses in many states came even though election reform supporters raised more than $100 million, easily outpacing opponents. Supporters say they aren't giving up but plan to retool their efforts. The week that upped the stakes of the Ukraine war KYIV, Ukraine (AP) — This past week has seen the most significant escalation in hostilities Ukraine has witnessed since Russia's full-scale invasion and marks a new chapter in the nearly three-year war. It began with U.S. President Joe Biden reversing a longstanding policy by granting Kyiv permission to deploy American longer-range missiles inside Russian territory and ended with Moscow striking Ukraine with a new experimental ballistic weapon that has alarmed the international community and heightened fears of further escalation. US reels from rain and snow as second round of bad weather approaches for Thanksgiving week WINDSOR, Calif. (AP) — The U.S. is reeling from snow and rain while preparing for another bout of bad weather ahead of Thanksgiving that could disrupt holiday travel. California is bracing for more snow and rain while still grappling with some flooding and small landslides from a previous storm. The National Weather Service has issued a winter storm warning for California's Sierra Nevada through Tuesday, with heavy snow expected at high elevations. Parts of the Northeast and Appalachia are also starting the weekend with heavy precipitation. Meanwhile thousands remain without power in the Seattle area after a “bomb cyclone” storm system roared ashore the West Coast earlier in the week, killing two people. Even with access to blockbuster obesity drugs, some people don't lose weight Most people taking popular drugs like Ozempic and Wegovy to lose weight have shed significant pounds. But obesity experts say that roughly 20% of patients — as many as 1 in 5 — may not see robust results with the new medications. The response to the drugs varies from person to person and can depend on genetics, hormones and differences in how the brain regulates energy. Undiagnosed medical conditions and some drugs can prevent weight loss. Experts say it can take experimentation to help so-called nonresponders find results. Fighting between armed sectarian groups in restive northwestern Pakistan kills at least 37 people PESHAWAR, Pakistan (AP) — A senior Pakistani police officer says fighting between armed sectarian groups in the country's restive northwest has killed at least 37 people. The overnight violence was the latest to rock Kurram, a district in Khyber Pakhtunkhwa province, and comes days after a deadly gun ambush killed 42 people. The officer said Saturday that armed men torched shops, houses and government property overnight. Gunfire is ongoing between rival tribes. Although Sunnis and Shiites generally live together peacefully in Pakistan, tensions remain in some areas, especially Kurram. Hydrate. Make lists. Leave yourself time. And other tips for reducing holiday travel stress Travel, especially during the holiday season, can be stressful. But following some tips from the pros as you prepare for a trip can make for a smoother, less anxious experience. One expert traveler suggests making a list a week before you go of things you need to do and pack. Cross off each item as you complete it during the week. Another tip is to carry your comfort zone with you. That could mean noise-canceling headphones, playlists meant to soothe airport travelers, entertainment and snacks from home. Carry a change of clothes and a phone charger in case of delays. Stay hydrated. Leave extra time. And know your airline's rules. Downloading the airline's app can help with that. Andy Murray will coach Novak Djokovic through the Australian Open Recently retired Andy Murray will team up with Novak Djokovic, working with him as a coach through the Australian Open in January. Murray’s representatives put out statements from both players on Saturday. Djokovic is a 24-time Grand Slam champion who has spent more weeks at No. 1 than any other player in tennis history. Murray won three major trophies and two Olympic singles gold medals who finished 2016 atop the ATP rankings. He retired as a player after the Paris Summer Games in August.
Crisis-hit Cowboys nearing rock-bottom ahead of Commanders clashDOT chief: Cebu is an emblem of unity, pride
Thousands of UK social media users experiencing ongoing Meta blackoutCrisis-hit Cowboys nearing rock-bottom ahead of Commanders clashHONG KONG SAR - Media OutReach Newswire - 23 November 2024 - Assure Medical Limited (" Assure Medical " or the "Company") is delighted to announce the Grand Opening of Assure Medical Imaging . The imaging centre located on the entire 2 nd floor of 21 Ashley Road in Tsim Sha Tsui. The opening ceremony was graced by esteemed guests, including Mr. Pang Tak-chung , Chairman of Golik Holdings Limited, Dr. Ko Wing-man, member of the Executive Council, and Dr. David Lam Tzit-yuen, Legislative Council member representing the medical and health services, who participated in the ribbon-cutting ceremony. Leveraging on the cutting-edge medical imaging technology, Assure Medical Imaging provides accurate diagnoses and assists treatment plans for a variety of medical conditions, establishing new benchmarks for medical imaging services and striving to be one of the leaders in the industry. Conveniently located at the heart of Tsim Sha Tsui, Assure Medical Imaging is in close proximity to various medical clinics and healthcare centres. With a team of highly experienced and qualified medical professionals, equipping with high-end PET/CT, MRI, and CT scan, we strive to provide our clients with accurate and thorough diagnostic information, such that they can promptly proceed effective treatment planning for a variety of medical conditions, including cancer, heart disease, neurological disorders, and more. Dr. Lok Chiu-ming, CEO of Assure Medical Limited and Director of Assure Medical Imaging , said at the ceremony, "we are committed to providing top-tier medical imaging services. At Assure Medical Imaging, we offer tailored diagnostic services in a comfortable environment, complemented by state-of-the-art medical imaging facilities. We aim to satisfy the unique needs of each patient, accompanying them on their personal health journey. " Hashtag: #AssureMedicalImaging The issuer is solely responsible for the content of this announcement. Our goal is to provide an unparalleled experience that exceeds the expectations of the patients, and delivers exceptional value to their overall health and wellbeing. We are committed to delivering the highest standards of service quality, privacy, and exclusively to the clients, and establishing a new benchmark for unique personalized medical imaging services.What We Know About Luigi Mangione: Alleged UnitedHealthcare Shooter Plans To Plead Not Guilty
After a thrilling double-overtime win over Fresno State, California Baptist makes the nearly 2,500-mile trip to Orlando to face Central Florida on Sunday. The Lancers (5-3) capped their time at the Acrisure Holiday Invitational in Palm Springs, Calif., with an 86-81 victory over the Bulldogs on Wednesday. That followed a last-second, 79-77 loss to SMU the day before. Dominique Daniels Jr. played 45 minutes against Fresno State and led California Baptist with 29 points. He paces the Lancers with 20.3 points per game, while Kendal Coleman averages 15.1 points and is shooting 59.7 percent form the floor. However, coach Rick Croy's team has struggled from 3-point range, shooting just 30.7 percent entering its first true road game this season. UCF (5-2) is coming off of an 84-76 win over Milwaukee last Wednesday despite being outrebounded 41-31. The Knights were helped by the heroics of senior guard Darius Johnson, who had 28 points as he shot a career-best 8-for-10 from beyond the arc. "Darius was terrific," UCF coach Johnny Dawkins said. "He's so comfortable in his leadership role now, he's leading our team and running the show, and our new players are becoming more comfortable playing with him. He's been a rock for us this season, and you love to see it out of a senior point guard." "I had an extraordinary night shooting the ball from three," Johnson said. "I rarely think that would happen again, but it's great. I know my teammates are going to have nights like that as well." Johnson is among the nation's leaders in minutes per game (36.6) and is shooting a team-high 50 percent from 3-point range (23 of 46). He, along with his fellow guard Jordan Ivy-Curry, are each averaging 16.9 points to lead UCF. The Knights opened the season with an impressive win over Texas A&M, now No. 20 in the AP poll, but lost both games at last weekend's Greenbrier Tip-Off, including a triple-overtime defeat against LSU on Sunday. UCF has not reached the NCAA Tournament since 2018-19. This will be the first meeting between the Knights and the Lancers, who will each have time off afterwards. UCF won't play until Dec. 8 against Tarleton State, while California Baptist is idle until its Dec. 11 game at San Diego State. --Field Level MediaMeta said it is “99% of the way there” in solving an ongoing social media blackout with its apps. On Wednesday at around 6pm, thousands of social media users in parts of the UK reported an outage with Facebook, Instagram and WhatsApp. The social media giant reported that a “technical issue” had left users unable to access its services. DownDetector, a website that monitors social media outages, says the three cities hit worst by the outage were London, Manchester and Glasgow. Other major cities hit hard by the blackout were Cardiff, Nottingham and Birmingham. Thanks for bearing with us! We’re 99% of the way there – just doing some last checks. We apologize to those who’ve been affected by the outage. — Meta (@Meta) December 11, 2024 By around 10pm on Wednesday, DownDetector UK said there had been 23,445 reports of Facebook outages, 11,466 Instagram outages and 18,646 on WhatsApp across Britain. In an update issued at 10.26pm on X, Meta said the problem was now nearly resolved. A spokesperson said: “Thanks for bearing with us! We’re 99% of the way there – just doing some last checks. “We apologise to those who’ve been affected by the outage.” Other parts of the world affected include Europe, Asia, South America and Australia, according to DownTracker. To find out if your area is affected, visit: downdetector.co.uk/status/facebook/map .
Luxembourg – 11 December 2024 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a substantial 1 contract for a subsea tieback development in the US Gulf of Mexico. Subsea7's scope of work includes the engineering, procurement, construction, and installation (EPCI) of subsea equipment, including structures, umbilicals, production risers, and flowlines. Project management and engineering work will start immediately at Subsea7's office in Houston, Texas, with offshore activities expected to begin in 2026. Craig Broussard, Senior Vice President of Subsea7 Gulf of Mexico, said, “ We are proud to be part of this high-pressure deepwater subsea tieback development. This project builds on our strong track record of successfully delivering oil and gas projects in the deepwater Gulf of Mexico .” Subsea7 defines a substantial contract as being between $150 million and $300 million. ******************************************************************************* Subsea7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, creating sustainable value by being the industry’s partner and employer of choice in delivering the efficient offshore solutions the world needs. Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62. ******************************************************************************* Contact for investment community enquiries: Katherine Tonks Investor Relations Director Tel +44 20 8210 5568 ir@subsea7.com Contact for media enquiries: Ashley Shearer Communications Manager Tel +1-713-300-6792 ashley.shearer@subsea7.com Forward-Looking Statements: This document may contain ‘forward-looking statements’ (within the meaning of the safe harbour provisions of the U.S. Private Securities Litigation Reform Act of 1995). These statements relate to our current expectations, beliefs, intentions, assumptions or strategies regarding the future and are subject to known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements may be identified by the use of words such as ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘future’, ‘goal’, ‘intend’, ‘likely’ ‘may’, ‘plan’, ‘project’, ‘seek’, ‘should’, ‘strategy’ ‘will’, and similar expressions. The principal risks which could affect future operations of the Group are described in the ‘Risk Management’ section of the Group’s Annual Report and Consolidated Financial Statements. Factors that may cause actual and future results and trends to differ materially from our forward-looking statements include (but are not limited to): (i) our ability to deliver fixed price projects in accordance with client expectations and within the parameters of our bids, and to avoid cost overruns; (ii) our ability to collect receivables, negotiate variation orders and collect the related revenue; (iii) our ability to recover costs on significant projects; (iv) capital expenditure by oil and gas companies, which is affected by fluctuations in the price of, and demand for, crude oil and natural gas; (v) unanticipated delays or cancellation of projects included in our backlog; (vi) competition and price fluctuations in the markets and businesses in which we operate; (vii) the loss of, or deterioration in our relationship with, any significant clients; (viii) the outcome of legal proceedings or governmental inquiries; (ix) uncertainties inherent in operating internationally, including economic, political and social instability, boycotts or embargoes, labour unrest, changes in foreign governmental regulations, corruption and currency fluctuations; (x) the effects of a pandemic or epidemic or a natural disaster; (xi) liability to third parties for the failure of our joint venture partners to fulfil their obligations; (xii) changes in, or our failure to comply with, applicable laws and regulations (including regulatory measures addressing climate change); (xiii) operating hazards, including spills, environmental damage, personal or property damage and business interruptions caused by adverse weather; (xiv) equipment or mechanical failures, which could increase costs, impair revenue and result in penalties for failure to meet project completion requirements; (xv) the timely delivery of vessels on order and the timely completion of ship conversion programmes; (xvi) our ability to keep pace with technological changes and the impact of potential information technology, cyber security or data security breaches; (xvii) global availability at scale and commercially viability of suitable alternative vessel fuels; and (xviii) the effectiveness of our disclosure controls and procedures and internal control over financial reporting. Many of these factors are beyond our ability to control or predict. Given these uncertainties, you should not place undue reliance on the forward-looking statements. Each forward-looking statement speaks only as of the date of this document. We undertake no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange release was published by Katherine Tonks, Investor Relations, Subsea7, on 11 December 2024 at 23:25 CET. Attachment SUBC Gulf of Mexico Dec 2024Lincoln National Corp. stock underperforms Tuesday when compared to competitors
When Katja Vogt considers a Jaguar, she pictures a British-made car purring confidently along the Italian coastline — a vision of familiarity that conveys "that dreaming, longing feeling we all love." She's not sure what to think about Jaguar now after the 89-year-old company announced a radical rebranding that featured loud colors and androgynous people — but no cars. Jaguar, the company says, will now be JaGUar. It will produce only electric vehicles beginning in 2026. Bad attention is good attention, Jaguar execs would appear to believe. The car brand has prompted mockery online for posting a glitzy ad without a single car in it. Say goodbye to British racing green, Cotswold Blue and black. Its colors are henceforth electric pink, red and yellow, according to a video that sparked backlash online. Its mission statement: "Create exuberance. Live vivid. Delete ordinary. Break moulds." "Intrigued?" @Jaguar posted on social media. "Weird and unsettled" is more like it, Vogt wrote on Instagram. "Especially now, with the world feeling so dystopian," the Cyprus-based brand designer wrote, "a heritage brand like Jaguar should be conveying feelings of safety, stability, and maybe a hint of rebellion — the kind that shakes things up in a good way, not in a way that unsettles." Jaguar was one of several iconic companies that announced significant rebrandings in recent weeks, upending a series of commercial — and cultural — landmarks by which many modern human beings sort one another, carve out identities and recognize the world around them. Campbell's, the 155-year-old American icon that artist Andy Warhol immortalized in pop culture decades ago, is ready for a new, soupless name. Comcast's corporate reorganization means there will soon be two television networks with "NBC" in their name — CNBC and MSNBC — that will no longer have any corporate connection to NBC News, a U.S. legacy news outlet. CNBC One could even argue the United States itself is rebranding with the election of former President Donald Trump and Republican majorities in the House and Senate. Unlike Trump's first election in 2016, he won the popular vote in what many called a national referendum on American identity. Are we, then, the sum total of our consumer decisions — what we buy, where we travel and whom we elect? Certainly, it's a question for those privileged enough to be able to afford such choices. Volumes of research in the art and science of branding — from "brandr," an old Norse word for burning symbols into the hides of livestock — say those factors do contribute to the modern sense of identity. So rebranding, especially of heritage names, can be a deeply felt affront to consumers. "It can feel like the brand is turning its back on everything that it stood for — and therefore it feels like it's turning its back on us, the people who subscribe to that idea or ideology," said Ali Marmaduke, strategy director with the Amsterdam-based Brand Potential. He said cultural tension — polarization — is surging over politics, wars in Russia and the Mideast, the environment, public health and more, creating what Marmaduke said is known as a "polycrisis": the idea that there are several massive crises converging that feel scary and complex. Campbell's soups "People are understandably freaked out by that," he said. "So we are looking for something that will help us navigate this changing, threatening world that we face." Trump's "Make America Great Again" qualifies. So did President Joe Biden's "Build Back Better" slogan. Campbell's soup itself — "Mmm Mmm Good" — isn't going anywhere, CEO Mark Clouse said. The company's new name, Campbell's Co., will reflect "the full breadth of our portfolio," which includes brands like Prego pasta sauce and Goldfish crackers. None of the recent activity around heritage brands sparked a backlash as ferocious as Jaguar's. The company stood as a pillar of tradition-loving British identity since World War II. The famous "leaper" cat Jaguar logo is pictured in 2019 at the Auto show in Paris, France. Jaguar said its approach to the rebrand was rooted in the philosophy of its founder, Sir William Lyons, to "copy nothing." What it's calling "the new Jaguar" will overhaul everything from the font of its name to the positioning of it's famous "leaper" cat. "Exuberant modernism" will "define all aspects of the new Jaguar world," according to the news release. The approach is thought to be aimed at selling fewer cars at a six-figure price point to a more diverse customer base. The reaction ranged from bewilderment to hostility. Memes sprouted up likening the video to the Teletubbies, a Benetton ad and — perhaps predictably — a bow to "woke" culture as the blowback intersected with politics. Get local news delivered to your inbox!Percentages: FG .281, FT .571. 3-Point Goals: 9-40, .225 (Harris 3-12, Dieck 2-6, Brockhouse 1-3, Eirhart 1-3, J.Spaulding 1-6, S.Spaulding 1-6, Hughes 0-1, Petkovic 0-3). Team Rebounds: 0. Team Turnovers: 3. Blocked Shots: 1 (S.Spaulding). Turnovers: 11 (Gierhahn 4, Dieck, Harris, J.Spaulding, Kveck, Petkovic, S.Spaulding, Scott). Steals: 4 (Petkovic 2, Harris, Kveck). Technical Fouls: None. Percentages: FG .582, FT .818. 3-Point Goals: 19-37, .514 (Walker 6-10, Zilinskas 4-7, Rutland 3-7, Craig 2-4, Dudukovich 1-2, Goode 1-2, Holubar 1-2, Millender 1-2, T.Brown 0-1). Team Rebounds: 7. Team Turnovers: None. Blocked Shots: 1 (Walker). Turnovers: 10 (Garner 3, Goode 2, T.Brown 2, Millender, Walker, Zilinskas). Steals: 7 (Rutland 2, T.Brown 2, Craig, Millender, Zilinskas). Technical Fouls: None. A_676 (6,500).
News junkies will find much to love in “September 5,” a fictionalized account of ABC’s live coverage of the hostage crisis during the 1972 Munich Olympics . There are spirited debates about reporting with only one source, use of words like “terrorism” and what to do if violence breaks out during a live shot. There are negotiations with rival networks over satellite usage, disguises and fake badges made to get reels of 16mm film in and out of the locked down Olympic village and plenty of confused men (and a few women) trying to keep up with an ever-escalating situation. The film is a moment by moment retelling of how a group of sports broadcasters brought this story to the world in real time, despite the technical limitations and their own inexperience across a confusing 22 hours. Everyone came to the studio that night ready for breaking sports news, scores and pre-packaged interviews. Even that was going to be a test for the man running the control room for the first time. Geoffrey Mason, portrayed by John Magaro , was a 28-year-old coordinating producer. Someone wonders about his experience and is assured that he’s covered minor league baseball games. But in the early hours of Sept. 5, 1972 , eight members of a Palestinian group called Black September broke into the Olympic village and attacked the Israeli delegation killing wrestling coach Moshe Weinberg and weightlifter Yossi Romano. Some escaped, but nine others were taken hostage. While the tragedy of the Munich Olympics has certainly been told many times, writer and director Tim Fehlbaum saw an opportunity in the team behind the live broadcast. And he commits fully to staying in the newsroom, with all of its glorious old technologies, from the walkie-talkies they used to stay in touch and to taking time to show how they had to manually add text to the screens. He and his screenwriter were able to reconstruct the events almost minute-by-minute, which helped shape the screenplay. The players are many in this large ensemble. Peter Sarsgaard , who’s looked right in a newsroom since “Shattered Glass,” gives gravitas to Roone Arledge, then-president of ABC Sports, and Ben Chaplin is operations engineer Marvin Bader. Leonie Benesch is Marianne Gebhardt, a German-speaking interpreter who is the only person there able to understand the language of the country. She might be a bit of a composite who checks off a lot of boxes as both an entrepreneurial woman and a younger German offering perspective and insight into what this moment might mean for the country trying to put on a good front in the aftermath of World War II. An actor (Benjamin Walker) plays broadcaster Peter Jennings, and real archival footage of anchor Jim McKay from that day is used in the film. And while they all rise to the occasion, mistakes are made – including a rather big one at the end, following imperfect secondhand information from the Fuerstenfeldbruck airfield. They don’t call it the first draft of history for nothing, after all, and it may be illuminating for audiences to see how it’s handled. The film looks of its time, but it also feels fairly modern in its sensibilities which makes it always seem more like a re-telling than an in-the-moment experience. This may be to its detriment, yet it’s still an undeniably riveting and compelling watch. The word thrilling doesn’t seem appropriate, however. This is not “Apollo 13” after all. The end is not a happy one. But at time when trust in the media is in crisis, this film is a great humanizer, reminding audiences that the media is far from a monolith, but a group of individuals under immense pressure to get the story right, get the story out and go back and do it again the next day. “September 5,” a Paramount Pictures release in theaters Friday, is rated R by the Motion Picture Association for language. Running time: 94. Three stars out of four.The states Americans left behind to move to Florida — and where people moving out of Florida headed for greener pasturesCEBU CITY — A graduate of the University of Cebu (UC) has topped the Civil Engineering Licensure Examination (CELE) and will receive a new car as part of the university's incentive program for licensure topnotchers. Francis Charles Lauta, who scored 93.25 percent, earned the top spot in the exam given by the Board of Civil Engineering in 18 testing centers all over the Philippines in November and December 2024. Register to read this story and more for free . Signing up for an account helps us improve your browsing experience. OR See our subscription options.