Donald Trump criticized former President Barack Obama while wading into the ongoing Syria conflict on Saturday, saying the U.S. should not get involved nor should it have ever inserted itself in the matter. In keeping with his isolationist foreign policy, the president-elect wrote on Truth Social that the United States “should have nothing to do with” the situation in Syria – where rebels are currently trying to take over the capital in an attempt to overthrow President Bashar al-Assad’s government. “THIS IS NOT OUR FIGHT. LET IT PLAY OUT. DO NOT GET INVOLVED!” Trump wrote. Yet at the same time, Trump blamed Obama for failing to intervene in the conflict in 2013 when the Russia-backed government used chemical weapons as a form of attack – something Obama initially said was the “red line” that would move the U.S. to get involved. “This is where former President Obama refused to honor his commitment of protecting the RED LINE IN THE SAND, and all hell broke out, with Russia stepping in,” Trump wrote. Russia, an ally of al-Assad, intervened in the Syrian conflict years ago. However, Trump said due to the current status of the Ukraine–Russia conflict, Moscow cannot pivot its attention this time. “Opposition fighters in Syria, in an unprecedented move, have totally taken over numerous cities, in a highly coordinated offensive, and are now on the outskirts of Damascus, obviously preparing to make a very big move toward taking out Assad,” Trump wrote. “Russia, because they are so tied up in Ukraine, and with the loss there of over 600,000 soldiers, seems incapable of stopping this literal march through Syria, a country they have protected for years.” The president-elect said there was “never much of a benefit” in Syria for Russia “other than to make Obama look really stupid.” “In any event, Syria is a mess, but is not our friend, & THE UNITED STATES SHOULD HAVE NOTHING TO DO WITH IT. THIS IS NOT OUR FIGHT. LET IT PLAY OUT. DO NOT GET INVOLVED!” he added. Trump’s comments came as he was in Paris meeting with Ukrainian President Volodymyr Zelensky and French President Emmanuel Macron in his first return to the world stage since clinching victory in the election. The conflict in Syria has been going on since 2011. The government, led by al-Assad, has been a central part of the situation having used brutality against peaceful protesters during the Arab Spring. Since then, the Syrian government has relied on its allyship with Russia, Iran, Hezbollah and others to stay in power. However, those allies, much like Russia, have had their attentions diverted by other crises, giving insurgents an opportunity to push forward in the hopes of unseating al-Assad. Over the last week, conflict has escalated in the country, with rebels beginning to seize much of the northwest territory in an attempt to oust al-Assad. So far, insurgents, led by the Islamist group Hayat Tahrir al-Sham (HTS), have captured land in the city of Aleppo and several Damascus suburbs – marking the first time opposition forces have reached the outskirts of the capital since 2018. The Syrian army has reportedly withdrawn from several Damascus suburbs signalling that al-Assad is losing control over parts of the country. Under Trump, who will return to the White House in a little over a month, it seems unlikely the U.S. will get involved. The president-elect, and his allies, have taken an isolationist approach to foreign conflicts, believing the U.S. should not get involved unless it has a direct interest in it.Trump threatens BRICS nations with 100% tariff if they replace US dollar
Michigan Hero Dominic Zvada Succinct in Post-Ohio State Game Victory Post
ATLANTA — Aaron Philo scrambled for a go-ahead 18-yard touchdown run with 22 seconds remaining and Georgia Tech escaped with a 30-29 win over N.C. State on Thursday night after losing the lead with less than 2 minutes remaining. Georgia Tech (7-4, 5-3 Atlantic Coast Conference) lost the lead with 1:30 remaining when Hollywood Smothers broke free for a 53-yard touchdown run for N.C. State (5-6, 2-5). Following Philo's go-ahead scoring run, the Wolfpack moved to the Georgia Tech 41 but Collin Smith's last-second, 58-yard field goal attempt was wide left. The Wolfpack had three scoring runs by freshman quarterback CJ Bailey, but Bailey also threw three interceptions. E.J. Lightsey returned an interception 21 yards for a touchdown for Georgia Tech, which led 23-21 before Smothers' go-ahead scoring run. Bailey ran for a 2-point conversion as N.C. State (6-5, 3-4 Atlantic Coast Conference) became bowl eligible. Romello Height's interception of a Bailey pass with 6:44 remaining set up Haynes King's 3-yard scoring run. Georgia Tech capped a perfect 5-0 home schedule at Bobby Dodd Stadium. The Wolfpack fell short in their bid to become bowl eligible. Georgia Tech linebacker Trenilyas Tatum (0) blocks a pass thrown by North Carolina State quarterback CJ Bailey (16) during the first half of an NCAA college football game, Thursday, Nov. 21, 2024, in Atlanta. Credit: AP/Brynn Anderson Bailey showed his athleticism on his 16-yard scoring run late in the opening quarter and a 28-yard touchdown scamper on the first play of the fourth. Georgia Tech led only 13-7 at halftime after being held without an offensive touchdown. Aidan Birr kicked field goals of 44 and 41 yards. Birr added a 45-yarder in the third quarter for a 16-7 lead. The kick was set up by Aaron Philo's 49-yard pass to Eric Singleton. The takeaway N.C. State: Bailey, who became the starter when Grayson McCall retired following concussion issues, couldn't lead a consistent drive in the first half other than on his inventive scoring run. He threw two interceptions, including the one returned for a touchdown by Lightsey. ... DE Davin Vann was knocked out of the game with an injury early in the second period. Vann, who leads the nation with five forced fumbles, was escorted to the locker room. Georgia Tech: The Yellow Jackets struggled to establish their running game after rushing for 281 yards in their 28-23 upset of then-No. 4 Miami on Nov. 9. Jamal Haynes ran for only 36 yards on 13 carries and King ran for only 18 yards on eight carries while Philo handled most of the snaps at quarterback. Georgia Tech linebacker Trenilyas Tatum (0) blocks a pass thrown by North Carolina State quarterback CJ Bailey (16) during the first half of an NCAA college football game, Thursday, Nov. 21, 2024, in Atlanta. Credit: AP/Brynn Anderson Up next N.C. State: Closes its regular season at North Carolina on Nov. 30. Georgia Tech: Plays at No. 8 Georgia on Nov. 29.Exhibition PreviewShanghai International Auto Parts & Accessories Exhibition 2024Minnesota looks to stop skid vs. Bethune-Cookman
South Korean President Yoon Suk Yeol survived impeachment on Saturday as his ruling party refused to join an opposition bid to oust him after he shocked the nation and its allies by briefly declaring martial law. The impeachment vote failed to gain the 200-vote hurdle needed to suspend the president from duties, after the ruling party boycotted the vote. A lengthy standoff followed as the opposition waited for ruling party members to change their minds and vote. Despite some of them doing so it eventually became clear the motion wouldn’t pass. The opposition, which controls a majority in the legislative body, has said it will push quickly for another vote. The attempt to oust the president came after Yoon, 63, shook markets and surprised world leaders by declaring martial law for the first time since South Korea became a democracy nearly four decades ago. He rescinded the order six hours later after lawmakers raced to the National Assembly and voted down the decree. While the outcome leaves Yoon in office for now, the ruling People Power Party will need to quickly find ways to shore up the administration and stabilize the situation to avoid the kind of escalating public protests seen in South Korea in the past. PPP leader Han Dong-hun vowed to seek the president’s orderly exit to minimize the turmoil, telling reporters that Yoon will be effectively suspended from duties until he steps down. Prime Minister Han Duck-soo will take the lead role in running state affairs through close consultations with the ruling party, while communicating with opposition parties, the party leader said. Under the country’s constitution, the prime minister’s role is to assist the president and direct the ministries following orders from the president. Minutes after the failure of the vote, opposition Democratic Party leader Lee Jae-myung accused the ruling party of betraying the public. He apologized for failing to pass the motion, as other opposition lawmakers stood by him holding banners that read, “Impeach Yoon Suk Yeol.” “We will ultimately impeach Yoon Suk Yeol,” Lee said. “We will return the state back to normal for you as a Christmas gift.” The ruling party’s decision to boycott the vote came hours after Yoon apologized for plunging the country into a political crisis, saying he would leave it up to the ruling party to decide his fate. The opposition bloc needed only eight votes from the ruling PPP to impeach Yoon. But Yoon’s conservatives refused to vote in favor of the motion, a move that would’ve likely handed their political opponents a big win in an early election that would have followed if he was removed. The impeachment bid looked set to fail much earlier Saturday evening when members of the ruling party left the National Assembly without voting. But before casting their ballots, opposition members together called on each member of the PPP by name to return to vote. “This incident will be written in our history, one that’s been built by the blood and sweat of our people,” parliamentary speaker Woo Won-shik said, as he urged ruling party lawmakers to return to the chamber and vote. “The head of a conservative group cannot speak alone for individuals’ consciences and values.” In an unexpected twist, two of them did, adding to the one PPP member who already voted. That emboldened the opposition to leave proceedings at a standstill with several hours remaining before the 72-hour limit for the voting period was due to expire. The votes by the three PPP members had prompted protesters outside the National Assembly to chant “five more to go.” As of 7 p.m., police estimated at least 100,000 people were gathered near the parliament to demand Yoon’s impeachment, compared with 18,000 Yoon supporters gathered near Gwanghwamun as of 6 p.m., according to Yonhap News. But the chances of the impeachment failing strengthened when one of the ruling party members who cast a ballot said he voted against it. The crowds started to thin as the likely result became clearer, the temperature dropped and food stalls started packing up having sold out of refreshments. “I had planned to take rest this weekend but I felt so scared after martial law,” said Park Hye-rim, a 33-year-old office worker from northern Seoul. “Even if impeachment is voted down, I will come back to rally again and again. I will not give up.” The political uncertainty in South Korea appears likely to persist, according to Jun Rong Yeap, a market strategist at IG Asia Pte. “Growing public outcries and intensifying pressure from the opposition party could potentially increase the risk of defections among PPP members,” he said, adding that the sustained uncertainty could remain a drag on its equities market into the new week. ——— (With assistance from Sohee Kim, Sangim Han, Sangmi Cha, Jaehyun Eom, Seyoon Kim, Hooyeon Kim, Shinhye Kang, Heejin Kim, Whanwoong Choi, Youkyung Lee, Eunkyung Seo and Min Jeong Lee.) ©2024 Bloomberg News. Visit at bloomberg.com . Distributed by Tribune Content Agency, LLC.
Richard D. Parsons, a longtime banking executive who took the helm of Time Warner during a troubled time for the communications company and who helped Citigroup navigate the financial crisis, died on Thursday at age 76. A prominent black businessman, Parsons also helped the NBA’s Clippers navigate a scandal over racism. Parsons was widely credited with the turnaround of Time Warner after its botched $165 billion merger with AOL, CNN reported. With Parsons as CEO, Time Warner slashed its debt by roughly half as it ushered in a new era of sustainable growth. The New York Times said the cause of death was cancer, citing Ronald Lauder, a longtime friend of Parsons and chairman of the board of Estee Lauder. Parsons, who was born in Brooklyn, New York, had also served on the Estee Lauder board, as well as on the board of asset management firm Lazard. He “was more than an iconic leader in Lazard’s history — he was a testament to how wisdom, warmth, and unwavering judgment could shape not just companies, but people’s lives,” Lazard said in a statement on its website. “When Citigroup faced its darkest hour during the financial crisis, he stepped forward as Chairman despite the immense challenges ahead, saying simply, ‘You can’t abandon your troops when the going gets tough,'” Lazard said. Citigroup, in a statement, said: “Dick applied his legendary leadership capabilities during an incredibly challenging time for our company, leaving Citi better than he found it.” In 2014, when the NBA banned Los Angeles Clippers owner Donald Sterling for life over racist comments, the basketball league installed Parsons as Clippers interim chief executive. “At a time of adversity and uncertainty for the Los Angeles Clippers, Dick stepped in to provide the type of steady and reassuring leadership that defined his remarkable career in business and public service,” NBA Commissioner Adam Silver said In a statement Thursday. The Times noted that Parsons was often the only black executive in a boardroom and spoke out on social issues, including following the death of George Floyd in 2020. He is best remembered as a troubleshooter, handling corporate emergencies such as losses at Dime Bancorp during the savings and loan crisis in the 1980s, the Times reported. Lazard also noted his service as chairman of the Apollo Theater and the Jazz Foundation of America, and his positions on the boards of the Smithsonian National Museum of African American History and Culture, the American Museum of Natural History and the Museum of Modern Art in New York City. He is survived by his wife, Laura, with whom he had three children, the Times reported.
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Moscow police on November 30 raided several bars and nightclubs in the Russian capital as part of the government’s crackdown on “LGBTQ+ propaganda,” state media reported. The Russian state-run TASS news agency said phones, laptops, and cameras were seized and club visitors had documents inspected. One year ago, Russia’s Supreme Court ruled to ban the “LGBTQ+ movement” as an “extremist organization." Russian authorities for years have engaged in a crackdown on LGBT rights throughout the country. Since December 2022, the dissemination of positive information about homosexuality, bisexuality, and transgenderism has been banned, subject to fines. To read the original story by RFE/RL’s Russian Service, click here . TBILISI -- Georgian President Salome Zurabishvili, an ardent critic of the ruling Georgian Dream party, called the nation’s parliament illegitimate and vowed to remain in office when her term ends next month, while Washington said it was suspending its "strategic partnership" with the country. Georgia has been thrown into turmoil since parliamentary elections in October -- in which Georgian Dream secured 54 percent of the vote -- with the opposition and Western governments arguing that the poll was marred by violations and Russian influence. Zurabishvili on November 30 said the “illegitimate” chamber does not have the right to choose her successor following the end of her term in December and vowed to remain in office. "There is no legitimate parliament, and therefore, an illegitimate parliament cannot elect a new president,” Zurabishvili said. “Thus, no inauguration can take place, and my mandate continues until a legitimately elected parliament is formed," she added, setting up a likely showdown over the office with Georgian Dream. Separately, Washington blasted the security measures used against Georgians who have taken to the streets following the disputed elections and after a November 28 announcement by Prime Minister Irakli Kobakhidze that his government was suspending EU accession talks and would reject budgetary grants from Brussels "until the end of 2028." "The United States condemns the excessive use of force by police against Georgians seeking to exercise their rights to assembly and expression, including their freedom to peacefully protest," State Department spokesman Matthew Miller said in a statement . "By suspending Georgia’s EU accession process, Georgian Dream has rejected the opportunity for closer ties with Europe and made Georgia more vulnerable to the Kremlin," he said. "Georgian Dream’s various anti-democratic actions have violated the core tenets of our U.S.-Georgia Strategic Partnership, which was based on shared values and commitments to democracy, rule of law, civil society, respect for human rights and fundamental freedoms, and anti-corruption efforts. As a result, the United States has suspended this mechanism." “We reiterate our call to the Georgian government to return to its Euro-Atlantic path, transparently investigate all parliamentary election irregularities, and repeal anti-democratic laws that limit freedoms of assembly and expression,” Miller added. More than 100 people were detained in a massive pro-EU rally in Tbilisi on November 29 as Georgian police used water cannons and tear gas to disperse protesters. Georgia's Interior Ministry said protesters had “verbally and physically” assaulted police officers and had thrown various objects at security forces. Various videos from the rally showed police officers beating protesters. Reacting to the crackdown, Kobakhidze suggested on November 30 that there were "isolated" incidents of police brutality but "systemic violence" against security forces by protesters. "On one side, there was violence, on the other side there were incidents," he said in a press conference. The opposition called for renewed protests on November 30, with several thousand demonstrators gathering near the parliament waving EU and Georgian flags. Officials said protesters damaged walls of the legislative building using stones and other objects. Police in riot gear used water cannons and tear gas to subdue the crowd, Reuters reported. On the first night of protests, some 43 demonstrators were detained "as a result of illegal and violent actions,” according to the Interior Ministry. Kobakhidze on November 30 said that a "difficult" few months lay ahead of Georgia but added that he expects relations with the West to "reset." Zurabishvili, who has long sided with the protesters, condemned the "brutal and disproportionate attacks on the Georgian people and media," likening the crackdown on November 29 to "Russian-style repression." The next day, she urged the Georgian diaspora to “wake up” and help protesters by speaking to the media and appealing to the authorities where they live. “[You] can no longer be silent and pretend nothing is happening in the homeland,” she wrote on Facebook. On November 28, the European Parliament passed a resolution calling for new legislative elections in Georgia and sanctions on senior members of the Georgian Dream party. In its resolution, the European Parliament said the election result election did "not serve as a reliable representation of the will of the Georgian people." It also called on the European Union, which froze Georgia's EU membership application last month, to place sanctions on key officials within the ruling party, including Kobakhidze, Georgian Dream Chairman Irakli Gharibashvili, billionaire power broker and party founder Bidzina Ivanishvili, and Tbilisi Mayor Kakha Kaladze. BUCHAREST -- Even as disputes remain over the first round of last week’s presidential election, Romanians return to the polls on December 1 to choose their parliamentary representatives as the battle between East and West rages in the Black Sea nation. The country’s far-right and often pro-Russia elements -- which performed surprisingly well in the presidential election -- are expected to make gains in the parliamentary vote as well. More than 10,000 candidates have registered to compete for seats in the bicameral parliament --329 seats in the lower house Chamber of Deputies and 136 in the Senate. A poll conducted by AtlasIntel indicated the far-right, ultranationalist Alliance for the Unity of Romanians (AUR) leading the pack with 22.4 percent backing, just ahead of the ruling the Social Democratic Party (PSD) at 21.4 percent. The AUR has staked out strongly anti-Western positions, questioning Romania's membership in the European Union and NATO, alongside xenophobia and conspiratorial rabble-rousing. Under incumbent Klaus Iohannis, Romania has been one of Kyiv's staunchest allies , but a shift toward more Russia-friendly leaders could endanger support for Ukraine in its war with Russia, analysts say. The center-right Save Romania Union (USR) was at 17.5 percent. Elena Lasconi, a pro-West former small-town mayor for the USR, will compete on December 8 in a runoff presidential vote against pro-Russia, far-right candidate Calin Georgescu. The Liberal Party (PNL) -- a junior coalition partner to the PSD – was listed at 13.4 percent. If no party wins a majority of seats, coalition negotiations will follow. The party gaining the most votes would likely nominate the prime minister. Along with the divide between the East and West, Romanians have expressed concerns about the ailing economy and rampant corruption. Voting began late on November 30 among the Romanian diaspora , which may be pivotal in the parliamentary election -- although it is not initially clear which parties it will favor. Moldova is a key voting space for Romanian elections. Most of Moldova was part of Romania until the end of World War II and many Moldovans also hold Romanian citizenship. Political parties must capture at least 5 percent of the votes at a national level to qualify for parliament. Political alliances of two parties must attain 8 percent, alliances of three parties must get 9 percent, and alliances of four parties or more must achieve 10 percent. Pre-vote polls may not be indicative of the final results, however. In the November 24 presidential first round, independent candidate Georgescu shocked the field by coming from nowhere to lead the voting, gaining nearly 23 percent. Lasconi, a staunch Euro-Atlanticist, finished second in that vote, barely beating favored leftist Prime Minister Marcel Ciolacu of the PSD and leading to the runoff against Georgescu. Ciolacu resigned as PSD party leader following his disappointing showing in the presidential election. Romania's Central Election Bureau has begun a court-ordered recount of all ballots cast in the first round of the presidential election, as accusations swirled that Georgescu illegally used TikTok to boost his campaign, among other alleged irregularities. The Constitutional Court ordered the recount on November 28 after officials from the Supreme Council of National Defense demanded that the authorities take "urgent" steps, saying Georgescu was granted "preferential treatment" by the social media platform. TikTok has denied any wrongdoing. Sources have told RFE/RL's Romanian Service that the Constitutional Court, which was originally set to validate the results of the first round of the election on November 29, will do so on December 2 after the parliamentary vote is completed. Romania's president has significant decision-making powers, including on matters of national security and foreign policy. Elected for a five-year term, the president can also reject party nominees for prime minister and government nominees for judicial appointments. Polish Prime Minister Donald Tusk in a visit to his country's border with the Russian exclave of Kaliningrad, called the development of military fortifications there and along the frontier with Kremlin ally Belarus "an investment in peace." "Everything we are doing here is meant to deter and discourage any potential aggressor, which is why this is truly an investment in peace," Tusk told a news conference on November 30. "We will spend billions of zlotys on this -- but right now all of Europe is watching with great satisfaction and will support these investments and our actions if necessary." The project -- called East Shield -- is designed to eventually protect 800 kilometers along the NATO nation’s borders with Russia and Belarus. Russian warplanes have joined Syrian air forces to bomb Islamist-led rebels who had taken much of the northwestern city of Aleppo in the biggest challenge to President Bashar al-Assad’s rule in the battle-torn Middle East nation in several years. Iran, meanwhile, said on November 30 that the rebels had attacked its consulate in Aleppo, calling it "aggression by terrorist elements," although it said there were no injuries and provided few details about the incident. The Russian and Iranian foreign ministers expressed support for longtime ally Syria, according to Iranian state media, which quoted Iran's Abbas Araqchi as telling Russia's Sergei Lavrov in a call that the attacks were part of an Israeli-U.S. plan to destabilize the region. The air strikes came a day after Islamists and their Turkish-backed allies breached Syria's Aleppo in a surprise offensive against forces of the Assad government. Reports on the ground said the rebels had captured much of the city, although details remained sketchy. The Syrian military confirmed that rebels had entered Aleppo. It did not confirm the air attacks, but Russia's Defense Ministry said its air force carried out strikes on the rebels. Kremlin spokesman Dmitry Peskov said on November 29 that Russia regarded the rebels’ actions as a violation of Syria's sovereignty. "We are in favor of the Syrian authorities bringing order to the area and restoring constitutional order as soon as possible," he said. Reuters quoted two Syrian military sources as saying that Russian and Syrian warplanes had targeted rebel sites in an Aleppo suburb on November 30. The sources said the Kremlin has promised Syria extra military aid, expected to arrive within two to three days. The Syrian Observatory for Human Rights, a war monitor, said the fighters, led by the Islamist extremist Hayat Tahrir al-Sham (HTS) movement, took control of "half of the city of Aleppo," forcing government forces to pull back. HTS in the past has had links to the Al-Qaeda and Islamic State (IS) extremist groups, although many leaders reportedly split off from those organizations. It was formerly known as Jabhat al-Nusrah and the Al-Nusrah Front, which was Al-Qaeda's affiliate in Syria and has been deemed a terrorist organization by the UN and the United States. In May 2018, the U.S. State Department added HTS to the Al-Nusrah Front's existing December 2012 designation as a foreign terrorist organization. The rebels’ offensive began on November 27, prompting the Syrian military to close all main roads in and out of the city. Rami Abdel Rahman, director of the Syrian Observatory, told RFE/RL's Radio Farda that the armed rebels had been preparing for the operation since September, but Turkey had so far prevented it from taking place. The Aleppo violence breaks a pause in the Syrian civil war, which has been mainly quiet over the past four years. The conflict involved the Assad government backed by Moscow and Tehran against Syrian-Kurdish rebels supported by the United States, while Turkey aided separate rebel groups. The U.S. military still has a number of troops deployed in Kurdish-held areas of Syria. Terror organizations, including Islamic State, also were involved in fighting. Russia, Turkey, and Iran signed an agreement in 2019 to freeze the conflict at then current positions. The Syrian Observatory said at least 16 civilians were killed on November 30 when an air strike, likely carried out by Russian warplanes, hit Aleppo. It said the attack "targeted civilian vehicles" at an intersection, leaving an additional 20 people wounded. This incident brings the total number of fatalities in the city over the past four days to 327. The British-based observatory compiles its information from battlefield sources and has been influential throughout the Syrian civil war. Syria’s army command acknowledged that rebels had entered Aleppo. Rebels had previously controlled the city before being driven out by Russia-backed forces eight years ago. "The large numbers of terrorists and the multiplicity of battlefronts prompted our armed forces to carry out a redeployment operation aimed at strengthening the defense lines in order to absorb the attack, preserve the lives of civilians and soldiers, and prepare for a counterattack," the Syrian Army said. The fighting comes amid fears of a wider war in the Middle East. Israeli forces in Gaza are battling extremists from Hamas – deemed a terrorist organization by the United States and the EU – and a cease-fire hangs in the balance in Lebanon, where Israel has struck the leadership of Hezbollah, also designated a terrorist group by Washington. The EU blacklists Hezbollah’s military arm but not its political wing. Israeli attacks have also taken place against Iran-backed Huthi rebels in Yemen. U.S. President-elect Donald Trump has held multiple phone conversations with Hungarian Prime Minister Viktor Orban since winning the November 5 presidential election, according to sources who spoke to RFE/RL’s Hungarian Service. Hungarian government sources said Trump has sought Orban’s opinion on ending the Ukraine war, which has continued to drag on since Russia’s full-scale invasion of its neighbor in February 2022. On the campaign trail, Trump criticized the billions of dollars that the United States has poured into Ukraine since Russia launched its invasion. He has also said he could end the war within 24 hours of retaking the White House, a statement that has been interpreted as meaning that Ukraine would have to surrender territory that Russia now occupies. Orban, who has maintained friendly ties with Russian President Vladimir Putin and Trump, has been critical of EU aid for Ukraine and has obstructed the bloc’s sanctions regime against Moscow. Preparations are reportedly under way for Orban to take a second crack at a peace mission in December to bookend Hungary’s rotating EU presidency after his first attempt in July when Budapest’s tenure started. In a move criticized by several EU leaders, Orban traveled to Moscow to meet Putin in July after a trip to Kyiv with a mystery cease-fire proposal for Ukrainian President Volodymyr Zelenskiy. He then traveled to China and finally the United States to meet Trump, who was then on the presidential campaign trail. Details of a potential peace mission in December are not clear, but sources suggested to RFE/RL’s Hungarian Service that it may involve delivering Trump’s messages to Zelenskiy, Putin, and Chinese President Xi Jinping. Serbian President Aleksandar Vucic denied as "baseless accusations" by Kosovo that it was behind an explosion which damaged the Iber-Lepenc water canal supplying Kosovo’s two main coal power plants. "Such unfounded claims are designed to tarnish Serbia's reputation, as well as to undermine efforts to ensure the region's peace and stability," Vucic said. Kosovar Prime Minister Albin Kurti had called the November 29 blast a “criminal and terrorist attack” by northern neighbor and bitter rival Serbia. He said the attack aimed to “damage perhaps the most important infrastructure” in the country. The attack did not cause any casualties. Authorities say some regions may have no electricity on November 30 while the capital, Pristina, may be short on drinking water while the damage is fixed. To read the original story by RFE/RL’s Kosovo Service, click here . Ukrainian President Volodymyr Zelenskiy says being admitted into NATO could end what he described as the “hot phase of the war” waged by Russia. In an interview with Sky News aired on November 29, Zelenskiy suggested that he would be willing to consider a cease-fire if Ukraine’s unoccupied territories fell under NATO’s protection, as long as the invitation to join the alliance recognized Ukraine’s international borders. Russia annexed Ukraine’s Crimean Peninsula in 2014 and has been occupying 20 percent of Ukrainian territory since launching its full-scale invasion in February 2022. "If we want to stop the hot phase of the war, we need to take under the NATO umbrella the territory of Ukraine that we have under our control," Zelenskiy said , adding that the occupied eastern parts of the country could then be taken back “in a diplomatic way.” This comes as U.S. President Donald Trump has criticized the billions of dollars that the United States has poured into Ukraine since Russia launched its invasion. Trump has also said he could end the war within 24 hours of retaking the White House, a statement that has been interpreted as meaning that Ukraine would have to surrender territory that Russia now occupies. Earlier this week, Trump named Keith Kellogg, a retired army lieutenant general who has long served as a top adviser to Trump on defense issues, as his nominee to be special envoy for Ukraine and Russia. Kellogg has advocated telling the Ukrainians that if they don't come to the negotiating table, U.S. support would dry up, while telling Russian President Vladimir Putin that if he doesn't come to the table, the United States would give the Ukrainians "everything they need to kill you in the field." For the past several months, Russia has been battering Ukrainian cities with increasingly heavy drone, missile, and glide-bomb strikes, causing casualties and damaging energy infrastructure as the cold season settles in. Earlier this month, a senior UN official, Rosemary DiCarlo, warned that Moscow's targeting of Ukraine's energy infrastructure could make this winter the "harshest since the start of the war" nearly three years ago. Ukraine has launched several counterattacks since the administration of U.S. President Joe Biden, the top foreign supporter of Ukraine in its battle against Russia's full-scale invasion, and Kyiv's European allies authorized the use of long-range missiles against targets inside Russia. The leader of Hezbollah has claimed that its cease-fire deal with Israel is a "divine victory" for the Lebanese political party and militant group. In his first address since the cease-fire took effect on November 27, Naim Qassem said on November 29 that the Iran-backed group had "won because we prevented the enemy from destroying Hezbollah" and weakening the Lebanese "resistance." Hezbollah, which controls much of southern Lebanon and has representatives in parliament, is designated in its entirety by the U.S. as a terrorist organization but the EU has blacklisted only its military wing. The cease-fire ended nearly 14 months of fighting between Israel and Hezbollah. Israel ramped up the pressure by launching a ground offensive in southern Lebanon in October and carrying out massive aerial bombardments of Hezbollah strongholds in Beirut and elsewhere. The truce ends the presence of Hezbollah in southern Lebanon. Israel, too, must withdraw its ground forces from Lebanon within 60 days of the deal going into force. Israeli Prime Minister Benjamin Netanyahu on November 26 warned Hezbollah that Israel would take action if it suspected that Hezbollah had violated the agreement. On November 29, hours before Qassem made his speech, Israel said it had struck a Hezbollah rocket launcher in southern Lebanon after detecting militant activity. The United States and France are overseeing the implementation of the truce, which includes provisions for thousands of Lebanese soldiers moving into southern Lebanon to work with UN peacekeepers and keep Hezbollah away from the Israeli border. Hezbollah had been launching rockets at northern Israel since the start of the Gaza war in October 2023. It said it would stop its attacks only after Israel ended its war in Gaza. Over the past 14 months, Israel killed nearly the entirety of Hezbollah's leadership, including Qassem's predecessor, Hassan Nasrallah , and decimated the group's military arsenal. Israel has vowed to ensure Iran cannot continue to fund and arm the group, and has warned Syrian President Bashar al-Assad against facilitating Iranian aid for Hezbollah. Imprisoned former Moscow municipal deputy Aleksei Gorinov, known for his outspoken criticism of Russia's war against Ukraine, has been handed a new three-year prison sentence for "justifying terrorism." After a three-day trial, a Russian military court on November 29 handed down the sentence to the 63-year-old, who is in poor health. In his closing statement , Gorinov, one of the most prominent jailed dissidents left in the country after a major prisoner swap with the West earlier this year, accused Russia of committing a "bloody slaughter" in Ukraine. Earlier this week, Gorinov revealed ongoing struggles with illness, saying there was "no treatment available," for his ailment, which his lawyer said was bronchitis. Gorinov was first sentenced in July 2022 to seven years in prison for spreading "fake news" about the Russian military because of his public opposition to Russia's full-scale invasion of neighboring Ukraine. In October 2023, the authorities opened a new case against him, accusing him of "justifying terrorism" based on alleged conversations with fellow inmates about Ukraine's Azov Regiment. During the hearing, Gorinov firmly denied any ties to terrorism. "I am far from any ideology of terrorism," he said. "I am a committed internationalist and an opponent of war and violence, as I have consistently stated publicly throughout my life." Gorinov's initial conviction stemmed from an anti-war speech he delivered at a city council meeting in Moscow's Krasnoselsky district. He was the first person sentenced under Russia's new law criminalizing "fake news" about the military, introduced after Russia launched its full-scale invasion of Ukraine in February 2022. Earlier this year, Gorinov was transferred from a detention center in Moscow to a prison in the Vladimir region. He complained of harsh conditions, including solitary confinement in a cold cell without a mattress, blanket, or access to hot water. Dmitry Muratov, editor in chief of the Novaya gazeta newspaper and a Nobel Peace Prize laureate, appealed to the International Committee of the Red Cross for an urgent inspection of the conditions Gorinov was being held in. Following this, local officials and prosecutors inspected the facility, resulting in Gorinov's relocation to a slightly improved cell with a window that opens and closes, a functioning toilet, and reportedly no mice. Gorinov has been repeatedly subjected to punitive measures, including spending extended periods in solitary confinement. In spring 2023, he spent 48 consecutive days in a punishment cell, a treatment often reported by other political prisoners in Russia. Iran and three European powers agreed to continue their dialogue "in the near future" after a meeting in Geneva as intelligence officials warned Tehran's nuclear proliferation poses a "critical threat" in the coming months. Negotiators from Iran and the so-called E3 (Britain, France, and Germany) met in Switzerland to discuss a range of issues, including Iran's expanding nuclear program, its military support for Russia, and conflicts in the Middle East. Iranian Deputy Foreign Minister Kazem Gharibabadi wrote on X on November 29 that the talks in the Swiss city focused on the latest bilateral, regional, and international developments, "especially the nuclear issue and the lifting of sanctions." "We are firmly committed to pursuing the interests of our people, and our preference is the path of dialogue and engagement," Gharibabadi said. Ahead of the meeting, Iranian Foreign Minister Abbas Araqchi said it would be a “brainstorming session” to see “if there really is a way out” of the current nuclear impasse, among other issues. Separately, the spy chiefs of Britain and France raised the alarm about Iran’s growing relationship with Russia and its accelerating nuclear program. The meeting in Geneva came a week after the 35-member board of governors of the International Atomic Energy Agency (IAEA) passed a censure resolution against Iran. It also tasked the UN nuclear watchdog to prepare a “comprehensive and updated assessment” on the state of Iran’s expanding nuclear program, including past and present attempts to develop a bomb. The report could pave the way for referring Iran’s case to the UN Security Council to trigger the so-called “snapback” mechanism to reimpose UN sanctions lifted under the terms of the 2015 agreement with world powers. In response to the resolution, Iran said it would begin enriching uranium with thousands of advanced centrifuges at its key nuclear facilities in Fordo and Natanz, the IAEA announced on November 29. The agency noted, however, that Iran would be enriching uranium to 5 percent purity -- even though it is enriching uranium with less advanced machines at 60 percent. Richard Moore, head of Britain's Secret Intelligence Service, known as MI6, said on November 29 that if Russia were to meet its Ukraine war objectives, “China would weigh the implications, North Korea would be emboldened, and Iran would become still more dangerous.” He added that Iran’s nuclear ambitions were “a continued threat” -- a sentiment shared by Nicolas Lerner, head of France's foreign intelligence service. "Our services are working side by side to face what is undoubtedly one of the threats, if not to say the most critical threat, in the coming months -- the possible atomic proliferation in Iran," Lerner said in Geneva. A Bulgarian accused of spying for Russia in Britain discussed in text messages the possibility of kidnapping or murdering investigative journalist Christo Grozev , British prosecutors said during the trial of members of an alleged spy ring. Prosecutor Alison Morgan said a group of Bulgarians, accused of spying for Russia, followed Grozev, with one member, Orlin Rusev, exchanging messages with the alleged head of the network, Austrian citizen Jan Marsalek, in which they discussed kidnapping or killing Grozev. Grozev has worked for the investigative outlet Bellingcat. He led an investigation by the media network on the 2018 poisoning of the Russian double agent Sergei Skripal in Salisbury, England. Rusev and another Bulgarian national, Biser Dzhambazov, have pleaded guilty to espionage charges, while three others -- Katrin Ivanova, Vanya Gaberova, and Tihomir Ivanchev -- are currently on trial at London's Central Criminal Court for being part of the spy ring. The three defendants have denied the charge of conspiracy to spy between August 2020 and February 2023. Prosecutors told the court Rusev lead the Bulgarians and directed them after receiving instructions from Marsalek. Marsalek -- who is said to have connections to Russian intelligence dating back to at least 2014 -- is now believed to be in Russia. Ukraine said it struck an oil depot and an air-defense radar inside Russia early on November 29 amid an escalation of attacks by both Moscow and Kyiv ahead U.S. President-elect Donald Trump's return to the White House. Ukraine's military General Staff said a strike on the Atlas oil depot in Russia's Rostov region sparked a fire at the facility, which was previously hit by a similar attack earlier this year. "Atlas is part of the Russian military-industrial complex, which provides the supply of petroleum products for the army of the Russian Federation," it said in a statement on social media. It added that a radar station housing a Russian Buk-M3 antiaircraft missile system was destroyed in a separate attack in a Russian-controlled area of Ukraine's southeastern Zaporizhzhya region. Yury Slyusar, the acting governor of the Rostov region, acknowledged the blaze at an "industrial complex" in the area where the refinery is located, saying more than 100 responders were battling to extinguish the fire. For the past several months, Russia has been battering Ukrainian cities with increasingly heavy drone, missile, and glide-bomb strikes, causing casualties and damaging energy infrastructure as the cold season settles in. Ukraine has launched several counterattacks since the administration of U.S. President Joe Biden, the top foreign supporter of Ukraine in its battle against Russia's full-scale invasion, and Kyiv's European allies authorized the use of long-range missiles against targets inside Russia. During the 2024 presidential campaign, Trump was critical of Biden for pouring billions of dollars into Ukraine to help it fight. Trump also said he could end the war within 24 hours of retaking the White House, a statement that has been interpreted as meaning that Ukraine would have to surrender territory that Russia now occupies. That possibility appears to have prompted both Moscow and Kyiv to try and solidify geographical positions before Trump takes office in January. Later on November 29, Ukrainian President Volodymyr Zelenskiy appointed Mykhaylo Drapatiy as the new commander of Ukraine's ground forces and named Oleh Apostol as a deputy commander in chief of the country's armed forces. Writing on Telegram, Zelenskiy said the Ukrainian Army needed "internal changes to achieve our state's goals in full." Meanwhile, Russia's stepped-up attacks have targeted energy infrastructure, leading to the introduction of emergency power outages in the regions including Kyiv, Odesa, Dnipropetrovsk, and Donetsk. Kyiv had also reportedly been forced to disconnect several nuclear power units from the network during attacks. Ukraine gets more than half of its electricity from nuclear plants. Russia's offensive comes as temperatures across Ukraine dropped to around zero degrees Celsius. Earlier this month, a senior UN official, Rosemary DiCarlo, warned that Moscow's targeting of Ukraine's energy infrastructure could make this winter the "harshest since the start of the war" nearly three years ago. Romania's Central Election Bureau has begun a court-ordered recount of all ballots cast in the first round of the presidential election as accusations swirled that surprise winner Calin Georgescu illegally used TikTok to boost his campaign. The Constitutional Court ordered the recount on November 28 after officials from the Supreme Council of National Defense demanded the authorities take "urgent" steps, saying Georgescu was granted "preferential treatment" by the social media platform. TikTok has denied any wrongdoing. Georgescu, a pro-Russian far-right independent candidate, scored a surprise victory in the first round of the election on November 24, garnering nearly 23 percent of the vote. He is set to face off against center-right Elena Lasconi, a staunch Euro-Atlanticist, in the December 8 runoff after both pushed ahead of favored leftist Prime Minister Marcel Ciolacu. Sources have told RFE/RL's Romanian Service that the Constitutional Court, which was originally set to validate the results of the first round of the election on November 29, will do so on December 2 after the recount is finished. Without the backing of a party, Georgescu's campaign relied heavily on TikTok, where his account had 1.6 million likes and where he posted videos of himself attending church, doing judo, running on a track, and speaking on podcasts. The Supreme Defense Council said it had found evidence suggesting that "cyberattacks" had been used to influence the outcome of the election. Georgescu alleged that state institutions were attempting to deny the will of the people. Protesters have rallied in Bucharest for several days against Georgescu, with many accusing Russian President Vladimir Putin of interfering in Romania's internal affairs. Romania's president has significant decision-making powers, including on matters of national security and foreign policy. Elected for a five-year term, the president can also reject party nominees for prime minister and government nominees for judicial appointments. Georgian police have used water cannons to disperse thousands of demonstrators gathered near the parliament in Tbilisi to protest the government's decision to suspend talks to join the European Union. Reports say police also used tear gas to break up the rallies in the late hours of November 29. President Salome Zurabishvili, a staunch critic of the ruling Georgian Dream party, condemned the "brutal and disproportionate attacks on the Georgian people and media", likening the crackdown to "Russian-style repression." "These actions will not be forgiven! Those responsible for the use of force should be held responsible," she wrote on Twitter. Protesters have hit the streets for the second day running after Prime Minister Irakli Kobakhidze said his government was suspending EU accession talks and would reject budgetary grants from Brussels "until the end of 2028." More than 100 Georgian diplomats have slammed the government's halting of EU membership talks after security forces violently dispersed protesters and journalists at a rally in Tbilisi over the move. More than 30 people were hospitalized early on November 29 after police used tear gas, water cannons, and beat some of the thousands gathered to vent their anger over Kobakhidze's announcement. The Interior Ministry said 43 people were arrested "as a result of the illegal and violent actions" during the first night of protests on November 28, while parliament raised its security level to the maximum -- code red . Security forces violently dispersed protesters and journalists at the November 28 rally in Tbilisi. In response, more than 100 serving Georgian diplomats signed an open letter criticizing the policy change, saying it violated the constitution, which commits to the pursuit of EU membership. "The stalling of the accession negotiation process will lead to the isolation of the country," they wrote. "Without the support of the Western partners, Georgia remains face to face with threats that are especially intensified in the background of the ongoing processes in the international and security environment." More than 100 people working at the Public Services Development Agency, which operates under the Interior Ministry, also issued a statement warning that suspending EU accession talks will only serve to hurt national interests. Even Tbilisi's biggest clubs opted to close their doors on November 29 to bolster the protests, saying in a joint statement that the "energy on the dance floor should be taken to the streets." Georgia has been thrown into turmoil since the October parliamentary elections -- in which Georgian Dream secured 54 percent of the vote -- with the opposition and Western governments arguing the vote was marred by violations and Russian influence. Early on November 29, riot police moved to clear out the peaceful demonstrators, with masked police firing rubber bullets and brutally beating protesters and journalists. RFE/RL Georgian Service journalist Davit Tsagareli was punched and thrown to the ground by a riot police officer as he reported live from the scene, while earlier RFE/RL captured footage of a police officer repeatedly hitting TV Formula journalist Guram Rogava on the head. After Rogava fell to the ground, the officer fled the scene. The journalist was hospitalized with injuries to his face and head. "His condition is satisfactory. He has facial bone fractures, as well as a fracture in his neck. At this stage, it does not require surgical intervention," the doctor who treated Rogava at the hospital told journalists. Kobakhidze blamed the protesters for the violence, saying that if it were not for their actions, "there would be no need to break up the gathering." Zurabishvili joined the protest in Tbilisi on November 28 in a show of solidarity with the demonstrators. "I am with these people. The resistance has started and will not end until we have new elections," she told reporters. She also confronted a row of riot police, telling them that it was their "duty to protect" Georgia's sovereignty and asking them whether they "serve Russia or Georgia." Demonstrators in Zugdidi told RFE/RL's Georgian Service that the ruling Georgian Dream party was moving away from the EU and pushing the country toward Russia. "Georgian authorities cut off all relations with the European Union and also refuse to receive funding. This will certainly lead to an economic collapse," Manana Mikawa, a teacher, told RFE/RL. Earlier in the day, the European Parliament passed a resolution calling for new legislative elections in Georgia and sanctions on senior members of the Georgian Dream party. In its resolution, the European Parliament said the result of the election did "not serve as a reliable representation of the will of the Georgian people." It also called on the European Union, which froze Georgia's EU membership application last month, to place sanctions on key officials within the ruling party, including Kobakhidze, Georgian Dream Chairman Irakli Gharibashvili, billionaire power broker and party founder Bidzina Ivanishvili, and Tbilisi Mayor Kakha Kaladze. Speaking at the Georgian Dream headquarters, Kobakhidze said Tbilisi was suspending accession talks while also rejecting all budgetary grants from the EU until 2028. "We are not going to join the European Union by begging and standing on one leg, but in a dignified manner with a sound democratic system and a strong economy," the prime minister told reporters without taking any questions. Earlier, during a parliamentary session to approve his government, Kobakhidze said his government's goal was for Georgia to join the EU by 2030. "We are ready to observe and take into account all conditions [set by the EU] that do not go against our national interests," he said to applause from Georgian Dream lawmakers. Georgia received EU candidate status in December 2023 but relations with Brussels have soured in recent months, beginning with the adoption of the controversial "foreign agent" law that critics say threatens to publicly discredit thousands of media outlets and civil society groups as "serving" outside powers. The United States in July announced it would pause more than $95 million in assistance to the Georgian government, warning that it was backsliding on democracy. Several rights organizations have demanded the release of veteran journalist Matiullah Jan, who was detained by Pakistani authorities on November 27 and held on terrorism-related charges. Jan had been covering protests by the supporters of jailed former Prime Minister Imran Khan. In a statement on November 28, Amnesty International condemned Jan's "arbitrary" arrest on "trumped-up charges," describing it as "an affront on the right to freedom of expression and media freedom." The Committee to Protect Journalists urged the authorities to "ensure Jan's safety" and called for his release. To read the full story by RFE/RL’s Radio Mashaal, click here . Protesters gathered outside the Georgian parliament in Tbilisi after Prime Minister Irakli Kobakhidze on November 28 said his government was suspending EU accession talks until 2028 and would not accept budgetary grants from Brussels. Georgian President Salome Zurabishvili, a staunch critic of the ruling Georgian Dream party, joined the protest in Tbilisi to a rousing welcome from demonstrators, who shouted her name. "I am with these people. The resistance has started and will not end until we have new elections," she told reporters. She also confronted a row of riot police, telling them that it was their "duty to protect" Georgia's sovereignty and asking them whether they "serve Russia or Georgia." Western governments have questioned the October parliamentary elections in Georgia -- in which Georgian Dream secured 54 percent of the vote -- arguing that the elections were marred by violations and Russian influence. Smaller pro-EU protests were also being held in Batumi, Gori, Kutaisi, and Zugdidi. Photos and videos of the rallies in Tbilisi and elsewhere showed protesters carrying Georgian and EU flags. Demonstrators in Zugdidi told RFE/RL's Georgian Service that the ruling Georgian Dream party was moving away from the EU and pushing the country toward Russia. "Georgian authorities cut off all relations with the European Union and also refuse to receive funding. This will certainly lead to an economic collapse," Manana Mikawa, a teacher, told RFE/RL. Earlier in the day, the European Parliament passed a resolution calling for new legislative elections in Georgia and sanctions on senior members of the Georgian Dream party. In its resolution, the European Parliament said the result of the election did "not serve as a reliable representation of the will of the Georgian people." It also called on the European Union, which froze Georgia's EU membership application last month, to place sanctions on key officials within the ruling party, including Kobakhidze, Georgian Dream Chairman Irakli Gharibashvili, billionaire power broker and party founder Bidzina Ivanishvili, and Tbilisi Mayor Kakha Kaladze. Speaking at the Georgian Dream headquarters, Kobakhidze said Tbilisi was suspending accession talks while also rejecting all budgetary grants from the EU until 2028. "We are not going to join the European Union by begging and standing on one leg, but in a dignified manner with a sound democratic system and a strong economy," the prime minister told reporters without taking any questions. Earlier, during a parliamentary session to approve his government, Kobakhidze said his government's goal was for Georgia to join the EU by 2030. "We are ready to observe and take into account all conditions [set by the EU] that do not go against our national interests," he said to applause from Georgian Dream lawmakers. Georgia received EU candidate status in December 2023 but relations with Brussels have soured in recent months, beginning with the adoption of the controversial "foreign agent" law that critics say threatens to publicly discredit thousands of media outlets and civil society groups as "serving" outside powers. The United States in July announced it would pause more than $95 million in assistance to the Georgian government, warning that it was backsliding on democracy. Romania's Central Election Bureau says it will recount all ballots cast in the first round of the presidential election by December 1, following an order on November 28 by the Constitutional Court. Calin Georgescu, the pro-Russian far-right independent candidate scored a surprise victory in the first round of the election on November 24, garnering nearly 23 percent of the vote. Georgescu is set to face off against center-right Elena Lasconi, a staunch Euro-Atlanticist, in the December 8 runoff after both pushed ahead of favored leftist Prime Minister Marcel Ciolacu. An official from Lasconi's Save Romania Union party said the Central Election Bureau had rejected a request by the party to film the recounting of the ballots. Without the backing of a party, Georgescu's campaign relied heavily on the social media platform TikTok, where his account had 1.6 million likes and where he posted videos of himself attending church, doing judo, running on a track, and speaking on podcasts. Separately, Romania's Supreme Defense Council said after the court ruling that it had found evidence suggesting that "cyberattacks" had been used to influence the outcome of the election. Without naming Georgescu, the council also charged that TikTok had "given preferential treatment" to a particular candidate. Georgescu alleged that state institutions were attempting to deny the will of the people. Meanwhile, around 2,000 protesters rallied in Bucharest for the fourth consecutive day against Georgescu on November 28, carrying a banner telling Russian President Vladimir Putin to "get off Romania." Romania's president has significant decision-making powers, including on matters of national security and foreign policy. Elected for a five-year term, the president can also reject party nominees for prime minister and government nominees for judicial appointments. A former British soldier, whose prison escape sparked a massive manhunt in 2023, has been found guilty of passing on sensitive information to the Iranian intelligence service. Prosecutors said that Daniel Abed Khalife, 23, played a "cynical game" by claiming he wanted to be a double agent for Britain after he had delivered a large amount of restricted and classified material to Iran, including the names of special forces officers. The verdict was delivered at London's Woolwich Crown Court on November 28. Prosecutor Mark Heywood told jurors at the start of the trial that Khalife collected sensitive information between May 2019 and January 2022. Khalife stood trial charged with gathering information that might be useful to an enemy, namely Iran, obtaining information likely to be useful for terrorism. Khalife, who was expelled from the army after he was charged, was also accused of planting fake bombs in his military barracks. But the court cleared him of a charge of carrying out a bomb hoax. Khalife snuck out of a London prison in September 2023 while awaiting trial and spent three days on the run. Iranian Foreign Minister Abbas Araqchi says his country may change its nuclear doctrine and develop a bomb if UN sanctions are reimposed on Tehran. Speaking to reporters on November 28 in Lisbon, Portugal, Araqchi said Iran had long had the technical know-how to build a bomb but doing so "is not part of Tehran’s security strategy," according to Iranian media. His comments come as negotiators from Iran and the E3 (Britain, France, and Germany) are scheduled to meet in Geneva to discuss a range of issues, including Iran’s nuclear program and conflicts in the Middle East. Araqchi described the meeting on November 29 as a “brainstorming session” to see “if there really is a way out” of the current nuclear impasse. The Geneva meeting is not billed as nuclear talks by any party but Iran’s atomic program is expected to be a central topic. Talks between Iran and world powers to restore the 2015 nuclear deal have stalled since September 2022. Last week, the 35-member board of governors of the International Atomic Energy Agency (IAEA) passed a censure resolution against Iran and tasked the UN nuclear watchdog to prepare a “comprehensive and updated assessment” on the state of Iran’s expanding nuclear program, including past and present attempts to develop a bomb. The report could pave the way for referring Iran’s case to the UN Security Council in a bid to trigger the so-called “snapback” mechanism to reimpose UN sanctions that had been lifted under the terms of the 2015 agreement with world powers. In response to the resolution, Iran activated several “new and advanced” centrifuges to enrich uranium. Araqchi said he was “not optimistic” about the Geneva talks because he was unsure whether Tehran was “speaking to the right party.” The 2015 nuclear agreement began to unravel after President-elect Donald Trump withdrew the U.S. from the accord during his first term in office in 2018 and reimposed sanctions on Iran. Tehran responded by expanding its nuclear program, limiting inspections of its nuclear sites, and enriching uranium to as high as 60 percent. A new truce agreement has been reached between feuding Sunni and Shi'ite communities in Pakistan's northwestern region of Kurram, where more than 100 people were killed and dozens more injured in a new bout of sectarian violence, local officials said. Authorities said late on November 27 that government troops will be deployed in key locations in Kurram, a remote tribal district in the volatile Khyber-Pakhtunkhwa Province, to ensure the cease-fire. "Negotiations will continue to ensure lasting peace," the provincial minister's office said in a statement. It also pledged to pay compensations to the victims' families. The violence erupted on November 21 when unidentified gunmen opened fire on a convoy of some 200 passenger vehicles carrying Shi'a traveling through Kurram's Parachinar area. Dozens of people, including women and children, were killed in the attack, which triggered a week of clashes between the two communities. Regional officials brokered a seven-day truce on November 24, but it did not hold. Most of Pakistan's some 250 million people are Sunni Muslims. But Kurram has a large Shi'ite population, and the two communities have clashed for decades. More than 200 people have been killed since July, alone. Sectarian violence in the region is often linked to land disputes. Russia unleashed a "massive" attack on Ukraine’s infrastructure on November 28, leaving more than 1 million people without power in freezing temperatures across the country. Ukrainian President Volodymyr Zelenskiy accused Russia of a "despicable escalation," as the Interior Ministry recorded damage to infrastructure in nine regions. Russian President Vladimir Putin claimed that the latest attack was Moscow's "response" to Ukrainian strikes on Russian territory with U.S. medium-range ATACMS missiles. Speaking during a trip to Kazakhstan, Putin warned that Russia's future targets could include "decision-making centers" in Kyiv. Putin said Russia launched more than 90 missiles and 100 drones in the "comprehensive strike" on November 28 and that 17 targets had been hit -- the type of detail that the president rarely gives. Ukraine's air force said it had shot down 79 missiles and 35 drones, while 62 drones were "lost," meaning they had likely been disrupted by electronic warfare. All missiles or drones aimed at the capital, Kyiv were downed, officials said. The attack forced national power-grid operator Ukrenerho to "urgently introduce emergency power cuts," Energy Minister Herman Halushchenko said early on November 28. "Once again, the energy sector is under massive enemy attack. Attacks on energy facilities are taking place across Ukraine," Halushchenko wrote on social media. Energy provider DTEK said early in the day that emergency power outages were being introduced in the regions of Kyiv, Odesa, Dnipropetrovsk, and Donetsk. Kyiv had also reportedly disconnected several nuclear power units from the network during the attack. Ukraine gets more than half of its electricity from nuclear plants. It comes as the temperatures across Ukraine dropped to around zero degrees Celsius. Earlier this month, a senior UN official, Rosemary DiCarlo, warned that Moscow's targeting of Ukraine's energy infrastructure may make this winter the "harshest since the start of the war" nearly three years ago. Ukrainian President Volodymyr Zelenskiy said Defense Minister Rustem Umerov's talks in South Korea on November 27 focused on cooperation on the security of both Ukraine and South Korea in light of the deployment of North Korean forces in Russia’s war against Ukraine. Zelenskiy said Umerov went to Seoul at his instruction to discuss all aspects of North Korea’s involvement in the war “and the things we can do together to defend our nations and to secure our regions together.” Umerov said earlier that he had discussed joint steps to strengthen security and stability with South Korean President Yoon Suk Yeol while in Seoul. Umerov also met with South Korea’s defense minister and national-security adviser. "We believe that our arguments about the need to increase cooperation between Ukraine and the Republic of Korea will lead to a tangible strengthening of security for our peoples and regions," Umerov said on Telegram. Umerov said he raised the presence of the North Korean troops and the North Korean military's "active" support for energy infrastructure attacks on Ukraine. For South Korea, the deployment of the North Korean troops poses a serious threat because they are gaining combat experience, which could create additional security challenges, he said. A statement issued by Yoon’s office does not say whether the parties discussed the possibility of Seoul supplying weapons to Ukraine. Ukraine has previously asked Seoul for weapons, and South Korea has said it could consider such aid, depending on what Russia and North Korea do. Zelenskiy also said in his nightly address that decisions made in July at the NATO summit in Washington on air defense and other supplies to the front line “have not yet been fully implemented...and this, of course, has had a significant impact on our people’s motivation and morale.” The recent authorization of long-range strikes on military targets in Russia “has been helpful, but the pressure on Russia must be maintained and increased at various levels to make Russia feel what war really is,” Zelenskiy said. Russian forces have been making steady gains along the front line as Kyiv's troops battle a larger and better equipped enemy. Zelenskiy did not mention a news report that President Joe Biden's administration is urging Ukraine to quickly increase the size of its military by drafting more troops. A senior Biden administration official, who spoke on the condition of anonymity, was quoted earlier on November 27 by the Associated Press as saying that the outgoing administration wants Ukraine to lower the mobilization age to 18 from 25 to help expand the pool of fighting-age men. The official said “the pure math” of Ukraine's situation now is that it needs more troops in the fight, according to the AP. The official said the Ukrainians believe they need about 160,000 additional troops, but the U.S. administration believes they probably will need more than that. Calin Georgescu, the pro-Russian far-right independent candidate who scored a shock victory in the first round of Romania's presidential election, has denied that he wants the country out of NATO and the European Union. Georgescu, who garnered nearly 23 percent of the vote in the November 24 poll, will face off against center-right Elena Lasconi, a staunch Euro-Atlanticist, in the December 8 runoff after both pushed ahead of favorite leftist Prime Minister Marcel Ciolacu. Without the backing of a party, Georgescu's campaign relied heavily on social media platform TikTok, where his account had 1.6 million likes and where he posted videos of himself attending church, doing judo, running on a track, and speaking on podcasts. He has described NATO as "the world's weakest alliance" and the alliance's ballistic missile-defense shield in Deveselu, southern Romania, as a "shame of diplomacy," claiming the military alliance would not defend any of its members in case of a Russian attack. Instead, he recommended "Russian wisdom" as Romania's best path forward and launched a TikTok campaign calling for an end to Romanian aid for Ukraine. Under incumbent Klaus Iohannis, Romania has been one of Kyiv's staunchest allies. But facing a public backlash as hundreds of mostly young people took to the streets of Bucharest and other big Romanian cities chanting, "No Putin, no fear, Europe is our mother," and "Young people ask you not to vote for a dictator," Georgescu denied in a YouTube video on November 26 that he wanted Romania out of the Euro-Atlantic structures. "I do not want out of NATO, I do not want out of the European Union," Georgescu said, standing side-by-side with his wife, adding, "but I do want us to stand firm, not to kneel there, not to accept everything, to do everything in our national interest." He went on to say that he wanted peace, adding, "We cannot get into other peoples' wars for their interests that cause us prejudice," again alluding to Romania's support for Ukraine. For the December 8 runoff, Georgescu has rallied the support of far-right pro-Russia AUR party of which he used to be a member until 2022 and whose leader, George Simion, garnered almost 14 percent in the first round, while the center-right liberals threw their weight behind Lasconi, a former TV reporter and mayor of the small southern Romanian city of Campulung Muscel. But first, Romanians will elect a new parliament on December 1, with Ciolacu's Social Democratic Party, the centrist National Liberal Party, and Lasconi's Save Romania Union favorite to win most of the 332 seats in the lower Deputy Chamber and 137 mandates in the upper chamber, the Senate. U.S. President-elect Donald Trump on November 27 tapped Keith Kellogg, a retired army lieutenant general who has long served as a top adviser to Trump on defense issues, as his nominee to be special envoy for Ukraine and Russia. "Keith has led a distinguished Military and Business career, including serving in highly sensitive National Security roles in my first Administration," Trump said on social media. Kellogg "was with me right from the beginning," Trump said on Truth Social. "Together, we will secure PEACE THROUGH STRENGTH, and Make America, and the World, SAFE AGAIN!" Kellogg's nomination comes after Trump's criticism during the 2024 presidential campaign of the billions of dollars that the United States has poured into Ukraine since Russia launched its full-scale invasion in February 2022. Trump also said he could end the war within 24 hours of retaking the White House, a statement that has been interpreted as meaning that Ukraine would have to surrender territory that Russia now occupies. Kellogg has already put forth a plan for ending the war that involves freezing the battle lines where they are and forcing Kyiv and Moscow to the negotiating table, Reuters reported in June. According to Reuters, Kellogg has advocated telling the Ukrainians that if they don't come to the negotiating table, U.S. support would dry up, while telling Russian President Vladimir Putin that if he doesn't come to the table, the United States would give the Ukrainians "everything they need to kill you in the field." NATO membership for Ukraine would be off the table as part of the incentive for Russia to come along, while putting it back on would be punishment for holding back. Kellogg, 80, earlier this year wrote that "bringing the Russia-Ukraine war to a close will require strong America First leadership to deliver a peace deal and immediately end the hostilities between the two warring parties." He made the statements in a research paper written for the America First Policy Institute, a think tank formed after Trump left office in 2021. "The United States would continue to arm Ukraine and strengthen its defenses to ensure Russia will make no further advances and will not attack again after a cease-fire or peace agreement," the document said. "Future American military aid, however, will require Ukraine to participate in peace talks with Russia." Kellogg served in several positions during Trump's first term, including as chief of staff on Trump's national security council and national-security adviser to then-Vice President Mike Pence. Mikhail Alexseev, a professor of political science at San Diego State University whose research focuses on Russia, Ukraine, and Eurasia, told RFE/RL that the appointment signals "the intent to enforce some kind of cease-fire and conflict settlement which Trump said he would try to achieve within 24 hours." Alexseev said Kellogg seems to be a straight shooter who would "detect very quickly whether a peace proposal would be unrealistic" and would be able to see through "Putin’s repeated record of breaking agreements.” Alexseev doesn't believe the proposal to get the parties to negotiate is going to work but said Kellogg "would be among the first to see why and how it wouldn’t work." Mark Cancian, a military analyst at the Center for Strategic and International Relations, told RFE/RL that negotiations will be "difficult," because the "two sides are so far apart. Russia thinks its winning. Ukraine wants all its territory back, including Crimea, reparations, war crimes. [The Trump team] has indicated that they'll use U.S. aid as a tool against both sides. Maybe that will work." Cancian adds that he also expects to see "personal diplomacy." He expects that Trump "will meet personally with both Putin and [Ukrainian President Volodymyr] Zelenskiy. That is his style. I mean, he's a New York real estate developer, and to get something done, you threaten, you bluster, but then in the end, you sit down face to face, and you make a deal, because if you don't make a deal, you don't make any money." Russian Deputy Ambassador Dmitry Polyansky told a UN Security Council meeting that any decision by Trump's incoming administration to cut support for Ukraine would be a "death sentence" for the Ukrainian Army. "Even if we're to lay to one side the prediction that Donald Trump will cut assistance to Ukraine, which for the Ukrainian Army would essentially be a death sentence, it is becoming clearer that he and his team will, in any case, conduct an audit of the assistance provided to Kyiv," Polyansky said. Polyansky said Russia had repeatedly offered to negotiate, but Ukraine and its Western backers have favored escalation. Ukraine has consistently rejected Russian offers to negotiate because Moscow's conditions, including accepting Russia's occupation of Ukrainian territory, have been unacceptable to Kyiv. The Russian diplomat also accused the Biden administration of trying through its increased support to Ukraine to create a "mess, both in Russia and with the new team in the White House." He warned the decision by the Biden administration and its European allies to authorize the Ukrainian military to use long-range missiles against targets inside Russia had "placed the world on the brink of a global nuclear conflict" and said Russia would respond decisively. "I will be frank, we believe that it is our right to use our weapons against the military facilities of those countries who allow the use of weapons against our facilities." Speaking earlier at the same Security Council session, UN Assistant Secretary-General Miroslav Jenca highlighted recent Russian long-range missile strikes on Ukraine and called the use of ballistic missiles and related threats against Ukraine "a very dangerous, escalatory development." U.S. Deputy Ambassador Robert Wood told the session Washington would "continue to surge security assistance to Ukraine to strengthen its capabilities, including air defense, and put Ukraine in the best possible position on the battlefield."XEC: New Covid-19 strain not in Nigeria – FGJosh Gottheimer trades in Microsoft options, buys and sells various stocks
CHARLOTTE, N.C. , Dec. 2, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) announced the signing of a strategic agreement with Bombardier, a global leader in aviation and manufacturer of world-class business jets, to provide advanced technology for current and future Bombardier aircraft in avionics, propulsion and satellite communications technologies. The collaboration will advance new technology to enable a host of high-value upgrades for the installed Bombardier operator base, as well as lay innovative foundations for future aircraft. Honeywell estimates the value of this partnership to the company at $17 billion over its life. "This is a tremendous opportunity to co-innovate and advance next generation technologies, including Anthem avionics and engines," said Vimal Kapur , Chairman and CEO of Honeywell. "Growing our long-term collaborative relationship with Bombardier is directly connected to Honeywell's focus on compelling megatrends -- automation, the future of aviation, and energy transition." "This new partnership creates unprecedented opportunities for Bombardier," said Eric Martel , President and Chief Executive Officer of Bombardier. "Honeywell's differentiated technology is the key reason we decided to collaboratively build a bright future with them." Honeywell and Bombardier will collaborate on the development of Honeywell avionics to provide unparalleled adaptability to specific mission requirements, enabling exceptional situational awareness and enhanced safety. In addition, the collaboration's propulsion-based workstreams will focus on evolutions of power, reliability and maintainability, led by the next-generation model of Honeywell's HTF7K engine. "Working together, we will generate significant value for Bombardier's operator base by providing the latest technologies to enable safe and efficient flight," said Jim Currier , President and CEO of Honeywell Aerospace Technologies. "We are committed to investing in these key technologies with Bombardier, which will not only drive substantial growth for Honeywell, but lead the industry further into the future of aviation." As part of the partnership, Bombardier and Honeywell will work together to certify and offer JetWave X for the Bombardier Global and Challenger families of aircraft for both new production and aftermarket installations. Bombardier will also have access to Honeywell's full suite of next generation L-Band satellite communications products and antennas that will provide future safety services capabilities. Additionally, all legacy pending litigation between the companies has been resolved. Honeywell Updates 2024 Outlook While the commercial agreement impacts near-term Honeywell financials, the company is confident it will lead to long-term value creation for Honeywell shareowners. Given the required investments associated with this agreement, Honeywell has updated its full-year sales, segment margin 2 , adjusted earnings per share 2,3 , and free cash flow guidance 1 . A summary is provided in the table below. TABLE 1: FULL-YEAR 2024 GUIDANCE Previous Guidance Impact of Agreement Updated Guidance Sales $38.6B - $38.8B ($0.4B) $38.2B - $38.4B Organic 1 Growth 3% - 4% ~(1%) ~2% Segment Margin 2 23.4% - 23.5% (0.8 %) 22.6% - 22.7% Expansion 2 Down 10 - Flat bps (80 bps) Down 90 - 80 bps Adjusted Earnings Per Share 2,3 $10.15 - $10.25 ($0.47) $9.68 - $9.78 Adjusted Earnings Growth 2,3 7% - 8% (5 %) 2% - 3% Operating Cash Flow $6.2B - $6.5B ($0.4B) $5.8B - $6.1B Free Cash Flow 1 $5.1B - $5.4B ($0.5B) $4.6B - $4.9B TABLE 2: FOURTH QUARTER 2024 GUIDANCE Previous Guidance Impact of Agreement Updated Guidance Sales $10.2B - $10.4B ($0.4B) $9.8B - $10.0B Organic 1 Growth 2% - 4% (4 %) (2%) - Flat Segment Margin 2 23.8% - 24.2% (2.9 %) 20.9% - 21.3% Expansion 2 Down 60 - 20 bps (290 bps) Down 350 - 310 bps Adjusted Earnings Per Share 2,3 $2.73 - $2.83 ($0.47) $2.26 - $2.36 Adjusted Earnings Growth 2,3 1% - 5% (17 %) (16%) - (12%) 1 See additional information at the end of this release regarding non-GAAP financial measures. 2 Segment margin and adjusted EPS are non-GAAP financial measures. Management cannot reliably predict or estimate, without unreasonable effort, the impact and timing on future operating results arising from certain items excluded from segment margin or adjusted EPS. We therefore, do not present a guidance range, or a reconciliation to, the nearest GAAP financial measures of operating margin or EPS. 3 Adjusted EPS and adjusted EPS V% guidance excludes items identified in the non-GAAP reconciliation of adjusted EPS at the end of this release, including the impact of amortization expense for acquisition-related intangible assets and other acquisition-related costs, and any potential future items that we cannot reliably predict or estimate such as pension mark-to-market. Bombardier, Global and Challenger are trademarks of Bombardier Inc. or its subsidiaries. Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends - automation, the future of aviation, and energy transition - underpinned by our Honeywell Accelerator operating system and Honeywell Connected Enterprise integrated software platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations that help make the world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom . Honeywell uses our Investor Relations website, www.honeywell.com/investor , as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media. We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act). Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes, or anticipates will or may occur in the future and include statements related to the proposed spin-off of the Company's Advanced Materials business into a stand-alone, publicly traded company. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control. They are not guarantees of future performance, and actual results, developments, and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as lower GDP growth or recession, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K, and our other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time. This release contains financial measures presented on a non-GAAP basis. Honeywell's non-GAAP financial measures used in this release are as follows: Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the analysis of ongoing operating trends. These measures should be considered in addition to, and not as replacements for, the most comparable GAAP measure. Certain measures presented on a non-GAAP basis represent the impact of adjusting items net of tax. The tax-effect for adjusting items is determined individually and on a case-by-case basis. Refer to the Appendix attached to this release for reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures. Appendix Non-GAAP Financial Measures The following information provides definitions and reconciliations of certain non-GAAP financial measures presented in this press release to which this reconciliation is attached to the most directly comparable financial measures calculated and presented in accordance with generally accepted accounting principles (GAAP). Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the analysis of ongoing operating trends. Management believes the change to adjust for amortization of acquisition-related intangibles and certain acquisition- and divestiture-related costs provides investors with a more meaningful measure of its performance period to period, aligns the measure to how management will evaluate performance internally, and makes it easier for investors to compare our performance to peers. These measures should be considered in addition to, and not as replacements for, the most comparable GAAP measure. Certain measures presented on a non-GAAP basis represent the impact of adjusting items net of tax. The tax-effect for adjusting items is determined individually and on a case-by-case basis. Other companies may calculate these non-GAAP measures differently, limiting the usefulness of these measures for comparative purposes. Management does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitations of these non-GAAP financial measures are that they exclude significant expenses and income that are required by GAAP to be recognized in the consolidated financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which expenses and income are excluded or included in determining these non-GAAP financial measures. Investors are urged to review the reconciliation of the non-GAAP financial measures to the comparable GAAP financial measures and not to rely on any single financial measure to evaluate Honeywell's business. Honeywell International Inc. Definition of Organic Sales Percent Change We define organic sales percentage as the year-over-year change in reported sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date. We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. A quantitative reconciliation of reported sales percent change to organic sales percent change has not been provided for forward-looking measures of organic sales percent change because management cannot reliably predict or estimate, without unreasonable effort, the fluctuations in global currency markets that impact foreign currency translation, nor is it reasonable for management to predict the timing, occurrence and impact of acquisition and divestiture transactions, all of which could significantly impact our reported sales percent change. Honeywell International Inc. Reconciliation of Operating Income to Segment Profit, Calculation of Operating Income and Segment Profit Margins (Unaudited) (Dollars in millions) Three Months Ended December 31, Twelve Months Ended December 31, 2023 2023 Operating income $ 1,583 $ 7,084 Stock compensation expense 1 54 202 Repositioning, Other 2,3 569 952 Pension and other postretirement service costs 3 17 66 Amortization of acquisition-related intangibles 76 292 Acquisition-related costs 4 1 2 Segment profit $ 2,300 $ 8,598 Operating income $ 1,583 $ 7,084 ÷ Net sales $ 9,440 $ 36,662 Operating income margin % 16.8 % 19.3 % Segment profit $ 2,300 $ 8,598 ÷ Net sales $ 9,440 $ 36,662 Segment profit margin % 24.4 % 23.5 % 1 Included in Selling, general and administrative expenses. 2 Includes repositioning, asbestos, environmental expenses, equity income adjustment, and other charges. 3 Included in Cost of products and services sold and Selling, general and administrative expenses. 4 Includes acquisition-related fair value adjustments to inventory. We define operating income as net sales less total cost of products and services sold, research and development expenses, impairment of assets held for sale, and selling, general and administrative expenses. We define segment profit, on an overall Honeywell basis, as operating income, excluding stock compensation expense, pension and other postretirement service costs, amortization of acquisition-related intangibles, certain acquisition- and divestiture-related costs and impairments, and repositioning and other charges. We define segment profit margin, on an overall Honeywell basis, as segment profit divided by net sales. We believe these measures are useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. A quantitative reconciliation of operating income to segment profit, on an overall Honeywell basis, has not been provided for all forward-looking measures of segment profit and segment profit margin included herein. Management cannot reliably predict or estimate, without unreasonable effort, the impact and timing on future operating results arising from items excluded from segment profit, particularly pension mark-to-market expense as it is dependent on macroeconomic factors, such as interest rates and the return generated on invested pension plan assets. The information that is unavailable to provide a quantitative reconciliation could have a significant impact on our reported financial results. To the extent quantitative information becomes available without unreasonable effort in the future, and closer to the period to which the forward-looking measures pertain, a reconciliation of operating income to segment profit will be included within future filings. Acquisition amortization and acquisition- and divestiture-related costs are significantly impacted by the timing, size, and number of acquisitions or divestitures we complete and are not on a predictable cycle, and we make no comment as to when or whether any future acquisitions or divestitures may occur. We believe excluding these costs provides investors with a more meaningful comparison of operating performance over time and with both acquisitive and other peer companies. Honeywell International Inc. Reconciliation of Earnings per Share to Adjusted Earnings per Share (Unaudited) Three Months Ended December 31, Twelve Months Ended December 31, 2023 2024(E) 2023 2024(E) Earnings per share of common stock - diluted 1 $ 1.91 $2.03 - $2.13 $ 8.47 $8.76 - $8.86 Pension mark-to-market expense 2 0.19 No Forecast 0.19 No Forecast Amortization of acquisition-related intangibles 3 0.09 0.17 0.35 0.50 Acquisition-related costs 4 — 0.02 0.01 0.10 Divestiture-related costs 5 — 0.04 — 0.04 Russian-related charges 6 — — — 0.03 Net expense related to the NARCO Buyout and HWI Sale 7 — — 0.01 — Adjustment to estimated future Bendix liability 8 0.49 — 0.49 — Indefinite-lived intangible asset impairment 9 — — — 0.06 Impairment of assets held for sale 10 — — — 0.19 Adjusted earnings per share of common stock - diluted $ 2.69 $2.26 - $2.36 $ 9.52 $9.68 - $9.78 1 For the three months ended December 31, 2023, adjusted earnings per share utilizes weighted average shares of approximately 660.9 million. For the twelve months ended December 31, 2023, adjusted earnings per share utilizes weighted average shares of approximately 668.2 million. For the three and twelve months ended December 31, 2024, expected earnings per share utilizes weighted average shares of approximately 653 million and 655 million, respectively. 2 Pension mark-to-market expense uses a blended tax rate of 18%, net of tax benefit of $27 million, for 2023. 3 For the three and twelve months ended December 31, 2023, acquisition-related intangibles amortization includes $62 million and $231 million, net of tax benefit of approximately $14 million and $61 million, respectively. For the three and twelve months ended December 31, 2024, expected acquisition-related intangibles amortization includes approximately $110 million and $330 million, net of tax benefit of approximately $30 million and $85 million, respectively. 4 For the three and twelve months ended December 31, 2023, the adjustment for acquisition-related costs, which is principally comprised of third-party transaction and integration costs and acquisition-related fair value adjustments to inventory, is approximately $2 million and $7 million, net of tax benefit of approximately $0 million and $2 million, respectively. For the three and twelve months ended December 31, 2024, the expected adjustment for acquisition-related costs, which is principally comprised of third-party transaction and integration costs and acquisition-related fair value adjustments to inventory, is approximately $20 million and $65 million, net of tax benefit of approximately $5 million and $15 million, respectively. 5 For the three and twelve months ended December 31, 2024, the expected adjustment for divestiture-related costs, which is principally comprised of third-party transaction costs, is approximately $25 million, net of tax benefit of approximately $5 million. 6 For the three and twelve months ended December 31, 2023, the adjustments were a benefit of $2 million and $3 million, without tax expense, respectively. For the twelve months ended December 31, 2024, the expected adjustment is a $17 million expense, without tax benefit, due to the settlement of a contractual dispute with a Russian entity associated with the Company's suspension and wind down activities in Russia. 7 For the the twelve months ended December 31, 2023, the adjustment was $8 million, net of tax benefit of $3 million, due to the net expense related to the NARCO Buyout and HWI Sale. 8 Bendix Friction Materials ("Bendix") is a business no longer owned by the Company. In 2023, the Company changed its valuation methodology for calculating legacy Bendix liabilities. For the three and twelve months ended December 31, 2023, the adjustment was $330 million, net of tax benefit of $104 million, (or $434 million pre-tax) due to a change in the estimated liability for resolution of asserted (claims filed as of the financial statement date) and unasserted Bendix-related asbestos claims. The Company experienced fluctuations in average resolution values year-over-year in each of the past five years with no well-established trends in either direction. In 2023, the Company observed two consecutive years of increasing average resolution values (2023 and 2022), with more volatility in the earlier years of the five-year period (2019 through 2021). Based on these observations, the Company, during its annual review in the fourth quarter of 2023, reevaluated its valuation methodology and elected to give more weight to the two most recent years by shortening the look-back period from five years to two years (2023 and 2022). The Company believes that the average resolution values in the last two consecutive years are likely more representative of expected resolution values in future periods. The $434 million pre-tax amount was attributable primarily to shortening the look-back period to the two most recent years, and to a lesser extent to increasing expected resolution values for a subset of asserted claims to adjust for higher claim values in that subset than in the modelled two-year data set. It is not possible to predict whether such resolution values will increase, decrease, or stabilize in the future, given recent litigation trends within the tort system and the inherent uncertainty in predicting the outcome of such trends. The Company will continue to monitor Bendix claim resolution values and other trends within the tort system to assess the appropriate look-back period for determining average resolution values going forward. 9 For the twelve months ended December 31, 2024, the expected impairment charge of indefinite-lived intangible assets associated with the personal protective equipment business is $37 million, net of tax benefit of $11 million. 10 For the twelve months ended December 31, 2024, the expected impairment charge of assets held for sale is $125 million, with no tax benefit. Note: Amounts may not foot due to rounding. We define adjusted earnings per share as diluted earnings per share adjusted to exclude various charges as listed above. We believe adjusted earnings per share is a measure that is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. For forward-looking information, management cannot reliably predict or estimate, without unreasonable effort, the pension mark-to-market expense as it is dependent on macroeconomic factors, such as interest rates and the return generated on invested pension plan assets. We therefore do not include an estimate for the pension mark-to-market expense. Based on economic and industry conditions, future developments, and other relevant factors, these assumptions are subject to change. Acquisition amortization and acquisition- and divestiture-related costs are significantly impacted by the timing, size, and number of acquisitions or divestitures we complete and are not on a predictable cycle and we make no comment as to when or whether any future acquisitions or divestitures may occur. We believe excluding these costs provides investors with a more meaningful comparison of operating performance over time and with both acquisitive and other peer companies. Honeywell International Inc. Reconciliation of Expected Cash Provided by Operating Activities to Expected Free Cash Flow (Unaudited) Twelve Months Ended December 31, 2024(E) ($B) Cash provided by operating activities ~$5.8 - $6.1 Capital expenditures ~(1.2) Free cash flow ~$4.6 - $4.9 We define free cash flow as cash provided by operating activities less cash for capital expenditures. We believe that free cash flow is a non-GAAP measure that is useful to investors and management as a measure of cash generated by operations that will be used to repay scheduled debt maturities and can be used to invest in future growth through new business development activities or acquisitions, pay dividends, repurchase stock, or repay debt obligations prior to their maturities. This measure can also be used to evaluate our ability to generate cash flow from operations and the impact that this cash flow has on our liquidity. Contacts: Media Investor Relations Stacey Jones Sean Meakim (980) 378-6258 (704) 627-6200 stacey.jones@honeywell.com sean.meakim@honeywell.com View original content to download multimedia: https://www.prnewswire.com/news-releases/honeywell-and-bombardier-sign-landmark-agreement-to-deliver-the-next-generation-of-aviation-technology-honeywell-updates-2024-outlook-302320054.html SOURCE Honeywell