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2025-01-23
America's wealthiest billionaires have witnessed an extraordinary year in 2024, with their fortunes far outpacing the 3% growth of the U.S. economy. What Happened: Surging markets, fueled by advancements in technology and artificial intelligence, have propelled their wealth to unprecedented levels. According to the report by The Daily Beast, these top 10 billionaires amassed gains nearly equivalent to the U.S. government's annual defense budget of $850 billion. 10. Michael Dell : $14 Billion The founder of Dell Technologies DELL saw a 55% surge in his company's stock this year, thanks to its transformation into an infrastructure powerhouse for the AI age. Dell owns approximately half of the company, contributing significantly to his fortune. 9. Larry Page and Sergey Brin : $19–20 Billion The Alphabet GOOGL founders benefited from the company's $650 billion valuation increase in 2024. Despite stepping back from operations, they retain control through super-voting shares, owning just over 3% each of the tech giant. 8. Steve Ballmer : $20 Billion The former Microsoft MSFT CEO continues to profit from the company's revival under Satya Nadella. Ballmer owns 4.5% of Microsoft, which has funded ventures such as a new stadium for the LA Clippers, the NBA team he owns. 7. Warren Buffett : $29 Billion Through Berkshire Hathaway BRK , Buffett continues to outperform the market. The company's value rose 28% this year, helping Buffett build his cash reserves to an impressive $325 million, or 30% of Berkshire's valuation. 6. Jeff Bezos : $63 Billion Bezos, the founder of Amazon AMZN , saw his wealth soar by over $1 billion weekly as Amazon stock rebounded. Bezos retains nearly 9% of the company, funding projects like Blue Origin through periodic stock sales. Also Read: From Steve Ballmer To Jamie Dimon, Meet The Billionaires Who Amassed Their Wealth Without Founding A Company 5. Jensen Huang : $72 Billion The founder of Nvidia NVDA reaped immense gains as the company became the darling of the AI revolution. Nvidia's value more than doubled in 2024, with Huang's 3.8% stake driving his fortune. 4. Larry Ellison : $73 Billion The Oracle founder's fortune grew alongside the company's role as a key player in cloud computing. Ellison owns 43% of Oracle, benefiting significantly from the AI-driven surge in enterprise demand. 3. Mark Zuckerberg : $82 Billion Zuckerberg's Meta META saw its value rise more than sixfold since late 2022, thanks to strong margins and AI developments like the Llama open-source model. His 13.5% stake in Meta underpins his staggering gains. 2. The Waltons : $148 Billion America's richest family, heirs to Walmart WMT , collectively control the fortune built by Sam Walton. Their wealth solidifies Walmart's status as one of the largest employers in the country. 1. Elon Musk : $252 Billion The Tesla TSLA and SpaceX founder tops the list with his fortune growing by nearly $5 billion weekly. Musk's ventures, including Neuralink, the Boring Company, and his federal government initiatives, further cement his status as the most influential figure in business. Read Next Billionaires’ Paradise: New York Tops The List Of 16 Cities Housing The World’s Richest This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Image: Shutterstock © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.What you need to know about volunteering after retirementcasino extreme bonus codes

Life expectancy is back in the news, with recent revelations that Australians' life expectancy has fallen for the second year in a row, thanks to COVID-19. Well, of course, bad news makes good headlines, but do you need to be worried? Not at all. Life expectancy tables are just a snapshot of the population as a whole and have nothing to do with individuals. And, like the property market, it varies from region to region. For example, life expectancy in North Britain is six years less than life expectancy in the South - all because of lifestyle. or signup to continue reading Of course, getting an idea of how long you might live is important when you're deciding how much money you will need when you retire. But the biggest factor in how long a person lives is really how they live - that's the good news! Keep in mind that you should treat any projected life expectancy figures with healthy scepticism - how can anybody accurately forecast what medical breakthroughs will occur over the next 100 years? Not long ago, featured a striking headline: "This Baby Might Live To 120," highlighting medical breakthroughs extending human life spans. One notable aspect was a genetic disorder that stunts growth, but also shields against cancer and diabetes. Isolating this gene could mean breakthroughs in preventing these diseases altogether. David Williams, founder of My Longevity Pty Ltd, introduced the SHAPE acronym to help people estimate their life expectancy: Surroundings, Health, Attitude, Parents, and Eating habits. It's a sensible approach: those with supportive environments, good health, a positive outlook, favourable genetics, and balanced nutrition often outlive those who lack these advantages. Over time, our differences amplify, underscoring that personalised strategies work. On his website, , Williams offers a free SHAPE Analyser quiz for anyone over 44. It's a simple, five-minute tool that projects life expectancy and initiates a personalised longevity plan, guiding users to map out and maximise their future. I highly recommend trying it. But remember that life isn't static: your outlook and habits can shift over time. Research suggests that the longer you live, the greater your chances of living even longer, with the dependent phase shortening. Thus, strategic planning becomes essential, especially in a situation where one partner is fully functioning and the other partner needs care. For those aged 50 today, reaching 100 isn't far-fetched. There's a financial challenge in this: if you retire at 65, you'll need to prepare for another 35 years without income. There are two things to focus on: optimising your returns on financial assets, and optimising your lifestyle to maximise your retirement happiness. Irrespective of how long we live there are two major factors that have been proven to make for a happier, healthier and more fulfilling retirement. These are a sense of purpose, and a good social network. Having activities that give you purpose is vital - it's the reason to get out of bed in the morning. These activities can range from pursuing hobbies or playing sports to joining your body corporate's committee. The crucial thing is staying active and involved. In my opinion, the ideal environment for older retirees is a well-chosen retirement village. The best ones offer a wide array of activities that foster engagement and help sustain a sense of purpose. One of the most significant advantages of a retirement village is the support the community can offer when one partner passes away. Few things are as difficult as living alone at home after a partner's death, and many widows and widowers quickly become isolated and lonely without social support. In contrast, retirement villages offer companionship, understanding, and a shared community, ensuring that life continues with connection and comfort. Both a reversionary pension and a binding death benefit nomination are instructions to say what happens to your super when you die. A reversionary pension states that your existing super pension will continue to somebody else when you die, while a binding death benefit nomination says what happens to your super/pension when you die. A binding nomination is flexible as your money can go to a range of people in different proportions and can be used in the super and pension environments. Reversionary beneficiaries are restricted to the pension arena and can be given to only one person, which is usually your partner. There are circumstances where adding a reversionary beneficiary can provide positive and or negative impacts for income tested age pension recipients and those in aged care, particularly if the income stream was purchased prior to 1 January 2015. You need to understand the specific rules of the super fund you are in, as each fund can have variances in each type of nomination. For those with large pension balances the implications can be significant, particularly those with Self-Managed Super Funds. As always, seek advice pertaining to the specifics of your situation as what may seem quite simple, can actually be quite complex in certain circumstances. John Perri of Amp Technical says SG vouchers are treated as concessional contributions - they are effectively SGC shortfall amounts paid to the ATO by employers who have not met their SG obligations, and in turn are paid to the super fund of the employee. It's the perfect strategy. Because she is not of pensionable age the money will not count as an asset against your pension unless she starts to draw an income from it- she can still access any time if she needs. DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. 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CINCINNATI (AP) — The Cincinnati Bengals finally managed to win a close game. Read this article for free: Already have an account? To continue reading, please subscribe: * CINCINNATI (AP) — The Cincinnati Bengals finally managed to win a close game. Read unlimited articles for free today: Already have an account? CINCINNATI (AP) — The Cincinnati Bengals finally managed to win a close game. Seven of Cincinnati’s eight losses this season have been by one score. The frustration of not being able to close out these games had started to fester among the confounded Bengals. That’s why Monday night’s 27-20 win over the Dallas Cowboys was so satisfying. Joe Burrow threw a tiebreaking 40-yard touchdown pass to Ja’Marr Chase with 1:01 left. That was set up by a botched punt block that put the ball back in Cincinnati’s hands with less than two minutes remaining. “I guess I could say luck went our way on this one,” Bengals coach Zac Taylor said. Most every other good thing that happened for Cincinnati (5-8) in snapping a three-game skid was earned. Burrow finished 33 for 44 for 369 yards with three touchdowns and an interception. Chase caught 14 passes for 177 yards and two touchdowns. “We needed this feeling because those last three locker rooms haven’t been like this,” Taylor said. “So just to feel that joy and the week’s worth of work has paid off for you, and then you turn the page and move on to the next one. But it helps you during the week just to have this confidence. We got one, and now we’ve got to go do it again.” The Bengals outgained the Cowboys 433-322. “It’s an opportunity for the world to see and we’re going to keep fighting,” Taylor said of getting the win on Monday Night Football. “So when the Bengals walk on the field, you’re going to get our best shot.” What’s working The Burrow-to-Chase connection is as robust as ever. “Coming into this game, I was going to feed Ja’Marr,” Burrow said. “I felt he had some opportunities last week (in the 44-38 loss to the Steelers) that we didn’t quite take advantage of. So, I was just going to make sure if I got an opportunity with him, I was going to give it to him.” Both are enjoying prolific seasons. Burrow leads the league in passing yards (3,706) and touchdowns (33). Chase, who is expecting a contract extension that will make him one of the league’s highest-paid receivers, leads the NFL in receptions (93), receiving yards (1,319) and touchdowns (15). “We feed off each other,” Burrow said. “We make each other better. We are both really smart players.” Trey Hendrickson’s key sack of Cooper Rush late in the game increased his NFL-leading total to 12 1/2. What needs help The secondary is still inconsistent. The protection provided to Burrow by a reshuffled offensive line was subpar. Granted, he often moves around outside the pocket to try to make something happen, but the franchise quarterback is hit too hard too often. Stock up Chase Brown is growing more every week in his role as the team’s No. 1 running back after the season-ending injury to Zack Moss. Brown carried 14 times for 58 yards and caught six passes for 65 yards and a touchdown. ... Cade York, stepping in for the injured Evan McPherson, was 2 for 2 on field goals and made all three of his extra points. Stock down A spongy defense allowed Cowboys RB Rico Dowdle to rush for 131 yards at 7.3 yards per carry. WR CeeDee Lamb beat Bengals cornerback Mike Hilton badly on the Cowboys’ first touchdown. Lamb had six catches for 93 yards. Injuries Burrow limped off the field after he was dragged down by his facemask by the Cowboys’ Marist Liufau in the fourth quarter. He was seen putting a compression sleeve on left knee before returning for the next Bengals possession. Afterward, he said he was fine. “It’s nothing crazy,” he said. “I just landed on it a couple of times. We’ll see. It’ll be sore for a while, but I’ll be all right.” Key number Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. 4 — Games in a row in which Burrow passed for at least 300 yards and three touchdowns. Monday night’s win was the first win in that stretch. Next steps The Bengals have a short week to prepare for the Tennessee Titans (3-10) on Sunday. ___ AP NFL: https://apnews.com/hub/NFL Advertisement Advertisement

Seahawks elevate QB Jaren Hall, S Ty Okada - NBC SportsJimmy Carter had the longest post-presidency of anyone to hold the office, and one of the most active. Here is a look back at his life. 1924 — Jimmy Carter was born on Oct. 1 to Earl and Lillian Carter in the small town of Plains, Georgia. 1928 — Earl Carter bought a 350-acre farm 3 miles from Plains in the tiny community of Archery. The Carter family lived in a house on the farm without running water or electricity. 1941 — He graduated from Plains High School and enrolled at Georgia Southwestern College in Americus. 1942 — He transferred to Georgia Institute of Technology in Atlanta. 1943 — Carter’s boyhood dream of being in the Navy becomes a reality as he is appointed to the U.S. Naval Academy in Annapolis, Maryland. 1946 — He received his naval commission and on July 7 married Rosalynn Smith of Plains. They moved to Norfolk, Virginia. 1946-1952 — Carter’s three sons are born, Jack in 1947, Chip in 1950 and Jeff in 1952. 1962-66 — Carter is elected to the Georgia State Senate and serves two terms. 1953 — Carter’s father died and he cut his naval career short to save the family farm. Due to a limited income, Jimmy, Rosalynn and their three sons moved into Public Housing Apartment 9A in Plains. 1966 — He ran for governor, but lost. 1967 — Jimmy and Rosalynn Carter’s fourth child, Amy, is born. 1971 — He ran for governor again and won the election, becoming Georgia’s 76th governor on Jan. 12. 1974 — Carter announced his candidacy for president. 1976 — Carter was elected 39th president on Nov. 2, narrowly defeating incumbent Gerald Ford. 1978 — U.S. and the Peoples’ Republic of China establish full diplomatic relations. President Carter negotiates and mediates an accord between Egypt and Israel at Camp David. 1979 — The Department of Education is formed. Iranian radicals overrun the U.S. Embassy and seize American hostages. The Strategic Arms Limitations Treaty is signed. 1980 — On March 21, Carter announces that the U.S. will boycott the Olympic Games scheduled in Moscow. A rescue attempt to get American hostages out of Iran is unsuccessful. Carter was defeated in his bid for a second term as president by Ronald Reagan in November. 1981 — President Carter continues to negotiate the release of the American hostages in Iran. Minutes before his term as president is over, the hostages are released. 1982 — Carter became a distinguished professor at Emory University in Atlanta, and founded The Carter Center. The nonpartisan and nonprofit center addresses national and international issues of public policy. 1984 — Jimmy and Rosalynn Carter volunteer one week a year for Habitat for Humanity, a nonprofit organization that helps needy people in the United States and in other countries renovate and build homes, until 2020. He also taught Sunday school in the Maranatha Baptist Church of Plains from the mid-’80s until 2020. 2002 — Awarded the Nobel Peace Prize. 2015 — Carter announced in August he had been diagnosed with melanoma that spread to his brain. 2016 — He said in March that he no longer needed cancer treatment. 2024 — Carter dies at 100 years old. Sources: Cartercenter.org, Plains Historical Preservation Trust, The Associated Press; The Brookings Institution; U.S. Navy; WhiteHouse.gov, Gallup

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Omantel, the leading telecommunications service provider in the sultanate, has been recognised at the Business Today CXO Awards by Apex Media for its remarkable achievements in driving innovation, digital transformation, and technological advancement. The awards celebrated Omantel’s pivotal role in positioning the sultanate as a regional leader in the telecom industry. At the awards ceremony, Omantel’s Chief Executive Officer, Talal al Mamari and Chief Financial Officer, Ghassan al Hashar were individually honoured as CEO of The Year in Telecom Sector and CFO of The Year in Telecom Sector respectively, for their exceptional leadership, which has been instrumental in shaping Omantel’s transformational journey and its continued success. Under the visionary leadership of Mamari and the strategic financial stewardship of Hashar, Omantel has reached significant milestones that reflect its commitment to excellence and sustainable growth. Mamari’s leadership has guided Omantel through transformative projects, including the integration of fixed and mobile operations, the acquisition of a controlling stake in Kuwait’s Zain Group, and the creation of Zain Omantel International (ZOI), a joint venture serving over 55mn customers across eight markets. Hashar has been instrumental in optimising Omantel’s operations to support innovation and growth. His financial strategies have enabled key investments in cutting-edge technologies and infrastructure, ensuring that Omantel remains competitive and forward-looking in a dynamic market. Omantel’s achievements are further underscored by its partnerships with global technology leaders, including Huawei, AWS, and Google, which have accelerated advancements in artificial intelligence, cloud computing, and digital transformation. These collaborations have enabled the company to deliver innovative solutions that empower businesses and enhance connectivity across Oman and beyond. A cornerstone of Omantel’s innovation strategy is its Innovation Labs, established in 2021 to support local startups and foster entrepreneurship. The Labs provide entrepreneurs with access to infrastructure, investment opportunities, and programmes to accelerate their growth. These efforts have driven the development of quality startups offering solutions that align with Omantel’s strategic goals, while contributing to Oman Vision 2040. Through the integration of its operations, processes, and extensive expertise in the field of communications and digital technology, Omantel has succeeded in establishing its position as a leading telecommunications company within Oman and beyond. The company’s innovative approaches have contributed to providing state-of-the-art solutions to various consumer and business sectors. Omantel aims to deliver an unparalleled, exceptional experience to its customers and strives always to exceed their expectations. To achieve the objectives of Oman Vision 2040, Omantel invests in emerging technologies and provides cutting-edge ICT solutions such as cloud solutions, AI, smart solutions, cybersecurity, and more, harnessing its technological capabilities to enhance innovation and leadership in new and advanced technologies.

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With two days left before Nova Scotians elect their next government, polls suggest Progressive Conservative Leader Tim Houston’s decision to call an early vote will pay off and the real battle will be between the Liberals and NDP for second place. The Progressive Conservatives are seeking a second consecutive mandate Tuesday after sweeping the Liberals from power in August 2021. Tory Leader Tim Houston called the snap election on Oct. 27 citing the need for a fresh mandate and ignoring his government’s election law, which for the first time in Nova Scotia set a fixed election date—July 15, 2025. In a recent interview, Alex Marland, a political scientist at Acadia University, said the final result is shaping up to be what Houston hoped for when he called the election. Marland said several factors were at play in Houston’s political calculus to go early. “He was ahead in the polls and there was the lack of public attention or excitement or enthusiasm for an election coming against the backdrop of all the attention paid to the U.S. election, and of course there were (Nova Scotia) municipal elections,” said Marland. “The fact it was a snap election caught the other parties off guard and made it harder for them to organize.” He said the result has been an absence of “interest, anger or motivation” on the part of the electorate. “I think that ultimately benefits the Progressive Conservatives,” said Marland. A Narrative Research poll released Wednesday put the Tories comfortably ahead with 44 percent support. The NDP were second at 28 percent and the Liberals third with 24 percent. The survey of 800 adult Nova Scotians between Nov. 4 and 17 is considered accurate within 3.5 percentage points, 95 times out of 100. Tom Urbaniak, of Cape Breton University, said the campaign has been “maybe the quietest I’ve seen in Nova Scotia.” “It just feels less intense on the ground,“ Urbaniak said. “There are fewer signs and less literature going to doors, and there appears to be less conversation in coffee shops.” He said the lack of a longer ramp-up to the fixed date has also contributed to a general lack of attention, and the 30-day campaign is the shortest allowed by law. “So that was also a factor.” Issues such as the cost of living, a lack of affordable housing and the province’s ailing health-care system were prominent in the campaign, but no single issue dominated in the way the Progressive Conservatives managed to make health care the main issue in 2021. Marland said what the polls suggest is that the Progressive Conservatives should “steamroll” through many rural areas outside of Halifax. “Within the Halifax area they are in much tighter competition with the NDP and that’s a real problem for the Liberals because it suggests that the Liberals aren’t competitive anywhere,” he said. “So the real issue here ... is how much of the Liberal vote will hold?” Urbaniak said NDP Leader Claudia Chender has emerged as a solid campaigner with strong debate performances that have helped to boost her profile in her first election as leader. With advance polling numbers pointing toward a possible low voter turnout on Tuesday, Urbaniak believes the battle between the Liberals and NDP will hinge on who can get out the most voters in ridings where they are competitive. “It (the result) will favour whoever has strong mobilization on the ground,” he said. Liberal Leader Zach Churchill agrees. “We’ve got to get people out to vote,” Churchill said, while pointing out that Elections Nova Scotia have not sent out voter information cards because of the postal strike. “A lot of people do not know where they are voting, so it puts a lot more pressure on candidates, on their volunteers and the central campaign team to inform people,” he said Friday. Churchill said he’s proud of the campaign his party has run. “You only control what you can control. We put a lot of effort into building the right plan for this province ... and we are running a campaign that’s built around ideas,” he said. Chender believes her party’s message has been getting through as the result of hard work on the ground. “We’ve criss-crossed the province in the last 24 hours and we are going to keep visiting as many candidates in communities as we can until election day,” she said Friday. She also believes getting out the vote will be critical at a time of year when people are not necessarily focused on politics. “For us as New Democrats, it’s one door at a time, giving people that information about where to go vote,” she said. Houston, meanwhile, expressed confidence that his campaign has reached enough Nova Scotians to deliver his party a second term in government. “There’s work to be done, but on balance I think Nova Scotians recognize the effort,” he said Friday. “I’m optimistic for sure, but we’ll spend the next few days continuing to work hard and getting around the province.” At dissolution, the Progressive Conservatives held 34 seats in the 55-seat legislature and the Liberals held 14 seats, while the NDP had six and there was one Independent.

Islamabad: The Shehbaz Sharif-led Pakistan government on Sunday formed a negotiation committee to start formal talks with jailed former prime minister Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) party after it threatened to give a call for civil disobedience. According to a government statement, the committee includes Deputy Prime Minister and Foreign Minister Ishaq Dar, the prime minister’s political aide Rana Sanaullah, Education Minister Khalid Maqbool Siddiqui, Minister for Privatisation Aleem Khan, Minister for Religious Affairs Chaudhry Salik Hussain and Senator Irfan Siddiqui among others. The PTI welcomed the formation of the government committee for negotiations, calling it a “positive step”. “We consider the committee’s formation a constructive step. Meaningful dialogue based on positive intentions should be held,” PTI chairman Barrister Gohar Ali Khan said. He stressed that the potential talks should have a defined timeframe, adding that the dialogue must progress positively considering the sensitivity of the situation. National Assembly Speaker Sardar Ayaz Sadiq had taken the lead by offering on Wednesday that he was ready to host the two sides and facilitate their parleys. He welcomed the newly constituted committee and invited the government and opposition for talks, saying “the speaker’s office is always open for members”, according to a statement issued by the NA Secretariat. The speaker called on members of both committees to meet on Monday morning, adding that he would meet them at his chambers in Parliament House. PTI spokesperson Sheikh Waqas Akram said his party accepted the speaker’s invitation to meet. He said their committee will attend the meeting on Monday. Akram said the PTI founder will be informed about the progress of the meeting and he will decide whether to cancel the civil disobedience movement. The talks are being held after the PTI had threatened to give a call for civil disobedience. The party posted on X from the account of the jailed former prime minister regarding the call for civil disobedience movement, which was initially shared on December 19, stating that the campaign will be launched if the government doesn’t make progress on the party’s demands by Sunday. “I had presented two demands to the government, the release of under-trial political prisoners and the establishment of a judicial commission for a transparent investigation into the events of May 9, 2023 and November 26, 2024,” the post quoted PTI founder Khan. It further stated that both of these demands “are legitimate”. “If the government fails to take any action on them by Sunday, the first phase of the civil disobedience movement — ‘remittance boycott’ — will be launched,” it said. PTI spokesperson Sheikh Waqas Akram also reiterated that the civil disobedience drive would be launched tomorrow (Monday) if the party’s demands go unmet. However, the issue of civil disobedience has been apparently put on hold for some time while allowing the two sides to address the differences through political means. Khan, 72, on December 5 had warned of a civil disobedience movement from December 14 if his demands about the release of political prisoners facing trial and the formation of a judicial commission to probe the events of May 9, 2023, and November 26 this year were unmet. Meanwhile, Pakistan’s military courts sentenced 25 civilians to prison terms ranging from two to 10 years for attacking military installations during riots which erupted following the arrest of Khan in May last year, the Army announced on Saturday. On May 9, 2023, Khan’s PTI supporters allegedly attacked several military installations, including the army headquarters in Rawalpindi and the ISI building in Faisalabad, to vent their anger against the arrest of their party founder in a corruption case. Hundreds of suspects were arrested in the countrywide swoop and at least 103 were handed over to the military authorities for trial due to their involvement in attacks on military installations. Khan’s party has launched multiple protests through 2023 and 2024 demanding the release of their supreme leader, the latest being in November 2024. The former prime minister, currently lodged at the Rawalpindi’s Adiala Jail, was arrested in August last year and faces multiple cases since his government was toppled in April 2022.

Confirmed! Father Of Moon Gabi's Baby Is... Jung Woo SungThe charged in last week’s killing of UnitedHealthcare’s CEO in New York City made an . Police arrested Luigi Nicholas Mangione on Monday in last Wednesday's after they say a worker at a McDonald’s in Altoona, Pennsylvania, alerted authorities to a customer who resembled the suspected gunman. Mangione had on him a gun that investigators believe was used in last Wednesday’s attack, as well as writings expressing anger at corporate America, police said. As Mangione arrived at the courthouse Tuesday, he struggled with officers and shouted something that was partly unintelligible but referred to an “insult to the intelligence of the American people.” Mangione is being held without bail in Pennsylvania on charges of possession of an unlicensed firearm, forgery and providing false identification to police. Manhattan prosecutors have charged him with five counts, including murder, criminal possession of a weapon and criminal possession of a forged instrument. Here are some of the latest developments: What's the latest? During Tuesday's hearing, Mangione was denied bail. His attorney, Thomas Dickey, told the court that his client wants a hearing on the extradition issue. Mangione, wearing an orange jumpsuit, mostly stared straight ahead at the hearing, occasionally consulting papers, rocking in his chair, or looking back at the gallery. At one point, he began to speak to respond to the court discussion, but was quieted by his lawyer. What evidence has been gathered? In addition to a three-page, handwritten document that suggests he harbored “ill will toward corporate America,” NYPD Chief of Detectives Joseph Kenny said Monday that Mangione also had a type of weapon that can be assembled at home and is difficult to trace. Officers questioned Mangione, who was acting suspiciously and carrying multiple fraudulent IDs, as well as a U.S. passport, New York Police Commissioner Jessica Tisch said. Officers also found a sound suppressor, or silencer, “consistent with the weapon used in the murder,” she said. He had clothing and a mask similar to those worn by the shooter and a fraudulent New Jersey ID matching one the suspect used to check into a New York City hostel before the shooting, the commissioner said. What do we know about Mangione? Kenny said Mangione was born and raised in Maryland, has ties to San Francisco and that his last known address is in Honolulu. Mangione, who was valedictorian of his Maryland prep school, earned undergraduate and graduate degrees in computer science in 2020 from the University of Pennsylvania, a university spokesman told The Associated Press on Monday. Mangione comes from a prominent Maryland family. His grandfather Nick Mangione, who died in 2008, was a successful real estate developer. One of his best-known projects was Turf Valley Resort, a sprawling luxury retreat and conference center outside Baltimore that he purchased in 1978. Mangione likely was motivated by his anger with what he called “parasitic” health insurance companies and a disdain with corporate greed, said a law enforcement bulletin obtained by The Associated Press. He wrote that the U.S. has the most expensive healthcare system in the world and that the profits of major corporations continue to rise while “our life expectancy” does not, according to the bulletin, which was based on a review of the suspect’s hand-written notes and social media postings. The defendant appeared to view the targeted killing of the UnitedHealthcare CEO as a symbolic takedown and may have been inspired by “Unabomber” Ted Kaczynski, whom he called a “political revolutionary,” the document said. The shooting and a quick escape Police said the person who killed Thompson left a hostel on Manhattan's Upper West Side at 5:41 a.m. on Wednesday. Eleven minutes later, he was seen on surveillance video walking back and forth in front of the New York Hilton Midtown, wearing a distinctive backpack. At 6:44 a.m., he shot Thompson at a side entrance to the hotel, fled on foot, then climbed aboard a bicycle and within four minutes had entered Central Park, according to police. Another security camera recorded the gunman leaving the park near the American Museum of Natural History at 6:56 a.m. still on the bicycle but without the backpack, police said. After getting in a taxi, he headed north to a bus terminal near the George Washington Bridge, arriving at around 7:30 a.m. From there, the trail of video evidence runs cold. Police have not located video of the suspect exiting the building, leading them to believe he likely took a bus out of town. Police said they are still investigating the path the suspect took to Pennsylvania. “This just happened this morning," Kenny said. "We’ll be working, backtracking his steps from New York to Altoona, Pennsylvania,” Kenny said. Associated Press reporters Lea Skene, Matt O'Brien, Sean Murphy and Cedar Attanasio contributed to this report.

Trump aims to appoint son-in-law’s father as US ambassador to France

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