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Beirut: Syrian rebels announced they had gained full control over the key city of Homs early on Sunday after only a day of fighting, leaving President Bashar al-Assad’s 24-year rule dangling by a thread as insurgents marched on the capital, Damascus. Thousands of Homs residents poured onto the streets after the army withdrew from the central city, dancing and chanting “Assad is gone, Homs is free” and “Long live Syria and down with Bashar al-Assad”. A giant portrait of Bashar al-Assad sits on a building in Damascus. Credit: AP Rebels fired guns into the air in celebration, and youths tore down posters of the Syrian president, whose territorial control has collapsed in a dizzying week-long retreat by the military. The fall of Homs gives the insurgents control over Syria’s strategic heartland and a key highway crossroads, severing Damascus from the coastal region that is the stronghold of Assad’s Alawite sect and where his Russian allies have a naval base and air base. Homs’ capture is also a powerful symbol of the rebel movement’s dramatic comeback in the 13-year-old conflict. Swaths of Homs were destroyed by gruelling siege warfare between the rebels and the army years ago. The fighting ground down the insurgents, who were forced out. Hayat Tahrir al-Sham commander Abu Mohammed al-Golani, the main rebel leader, called the capture of Homs a historic moment and urged fighters not to harm “those who drop their arms”. Syrian opposition fighters on a seized Syrian air force fighter plane at the Hama military airport on Friday. Credit: AP Rebels freed thousands of detainees from the city prison. Security forces left quickly after burning their documents. Syrian rebel commander Hassan Abdul Ghani said in a statement early on Sunday that operations continued to “completely liberate” the countryside around Damascus and rebel forces were looking towards the capital. In one suburb, a statue of Assad’s father, the late former president Hafez al-Assad, was toppled and torn apart. The Syrian army said it was reinforcing around Damascus, and state television reported on Saturday that Assad remained in the city. People arrive at the Jordanian side of the border as others wait in their cars on Saturday, after a ban on crossings into Syria. Credit: Getty Images The lightning rebel advance suggests Assad’s government could fall within the next week, US and other Western officials said. Since the rebels’ sweep into Aleppo a week ago , government defences have crumbled at a dizzying speed as insurgents seized a string of major cities and rose in places where the rebellion had long seemed over. The twin threats to Damascus and the strategically vital city of Homs now pose an existential danger to the Assad dynasty’s five-decade reign over Syria and the continued influence in the country of its main regional backer, Iran. The rebels’ moves around Damascus, reported by an opposition war monitor and a rebel commander, came after the Syrian army withdrew from much of the southern part of the country, leaving more areas, including several provincial capitals, under the control of opposition fighters. Syrian President Bashar al-Assad is backed by Russia and Iran, but both are bogged down in separate conflicts. Credit: Saudi Press Agency/AP The advances in the past week were among the largest in recent years by opposition factions led by a group that has its origins in al-Qaeda and is considered a terrorist organisation by the US and the United Nations. In their push to overthrow Assad’s government, the insurgents, led by the Hayat Tahrir al-Sham group, or HTS, have met little resistance from the Syrian Army. The UN’s special envoy for Syria, Geir Pedersen, on Saturday called for urgent talks in Geneva to ensure an “orderly political transition”. Speaking to reporters at the annual Doha Forum in Qatar, Pedersen said the situation in Syria was changing by the minute. Russian Foreign Minister Sergey Lavrov, whose country is Assad’s chief international backer, said he felt “sorry for the Syrian people”. In Damascus, people rushed to stock up on supplies. Thousands went to Syria’s border with Lebanon, trying to leave the country. Many shops in the city were shuttered, a resident told the Associated Press, and those still open had run out of staples such as sugar. Some were selling items at three times the normal price. “The situation is very strange. We are not used to that,” the resident said, insisting on anonymity, fearing retributions. “People are worried whether there will be a battle [in Damascus] or not.” It was the first time that opposition forces reached the outskirts of Damascus since 2018 when Syrian troops recaptured the area following a years-long siege. The UN said it was moving non-critical staff outside the country as a precaution. Assad rumours Syria’s state media denied social media rumours that Assad had left the country, saying the president was performing his duties in Damascus. Assad has had little, if any, help from his allies. Russia is busy with its war in Ukraine, and Lebanon’s Hezbollah, which at one point sent thousands of fighters to shore up Assad’s forces, has been weakened by a year-long conflict with Israel. Iran has had its proxies across the region degraded by regular Israeli airstrikes. US President-elect Donald Trump on Saturday posted on social media that the US should avoid engaging militarily in Syria. A Syrian opposition fighter holds a rocket launcher in front of the provincial government office. Credit: AP Pedersen said a date for talks in Geneva on implementing a 2015 UN resolution calling for a Syrian-led political process would be announced later. The resolution calls for the establishment of a transitional governing body, followed by the drafting of a new constitution and ending with UN-supervised elections. Foreign ministers and senior diplomats from eight key countries, including Saudi Arabia, Russia, Egypt, Turkey and Iran, along with Pedersen, gathered on the sidelines of the Doha summit on Saturday to discuss the situation. No details were immediately available. The insurgents’ march Rami Abdurrahman, who heads the UK-based Syrian Observatory for Human Rights, an opposition war monitor, said insurgents were in the Damascus suburbs of Maadamiyah, Jaramana and Daraya. Opposition fighters were also marching toward the Damascus suburb of Harasta, he said. An insurgent commander, Hassan Abdul Ghani, posted on the Telegram messaging app that opposition forces had begun the “final stage” of their offensive by encircling Damascus. Syrian rebel leader Abu Mohammed al-Golani. Credit: Al Jazeera HTS controls much of north-west Syria and, in 2017, set up a “salvation government” to run daily affairs in the region. In recent years, HTS leader Abu Mohammed al-Golani has sought to remake the group’s image, cutting ties with al-Qaeda, ditching hardline officials and vowing to embrace pluralism and religious tolerance. Syria’s military, meanwhile, sent large numbers of reinforcements to defend the key central city of Homs, Syria’s third-largest, as insurgents approached its outskirts. The shock offensive began on November 27, during which rebel fighters captured the northern city of Aleppo, Syria’s largest, and the central city of Hama, the country’s fourth-largest city. Opposition activists on Friday said insurgents entered Palmyra, which is home to invaluable archaeological sites that had been in government hands since being taken from the Islamic State group in 2017. To the south, Syrian troops left much of the province of Quneitra, including the main Baath City, activists said. The Syrian Observatory said government troops had withdrawn from much of the two southern provinces and were sending reinforcements to Homs, where a battle loomed. If the insurgents were to capture Homs, they would cut the link between Damascus, Assad’s seat of power, and the coastal region where the president enjoys wide support. The army said in a statement that it had carried out redeployment and repositioning in Sweida and Daraa after its checkpoints came under attack by “terrorists”. The army said it was setting up a “strong and coherent defensive and security belt in the area”, apparently to defend Damascus from the south. The Syrian government has referred to opposition gunmen as terrorists since the conflict broke out in March 2011. Diplomacy in Doha The foreign ministers of Iran, Russia and Turkey, meeting in Qatar, called for an end to the hostilities. Turkey is the main backer of the rebels. Qatar’s top diplomat, Sheikh Mohammed bin Abdulrahman Al Thani, criticised Assad for failing to take advantage of the lull in fighting in recent years to address the country’s underlying problems. “Assad didn’t seize this opportunity to start engaging and restoring his relationship with his people,” he said. Sheikh Mohammed said he was surprised by how quickly the rebels have advanced and said there was a real threat to Syria’s “territorial integrity”. He said the war could “damage and destroy what is left if there is no sense of urgency” to start a political process. AP, Reuters Get a note directly from our foreign correspondents on what’s making headlines around the world. Sign up for our weekly What in the World newsletter .
Biden says he was ‘stupid’ not to put his name on pandemic relief checks like Trump did
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Embecta ( NASDAQ:EMBC – Get Free Report ) and RenovaCare ( OTCMKTS:RCAR – Get Free Report ) are both small-cap medical companies, but which is the better business? We will compare the two companies based on the strength of their profitability, valuation, dividends, earnings, analyst recommendations, institutional ownership and risk. Profitability This table compares Embecta and RenovaCare’s net margins, return on equity and return on assets. Volatility & Risk Embecta has a beta of 0.97, indicating that its share price is 3% less volatile than the S&P 500. Comparatively, RenovaCare has a beta of -99.34, indicating that its share price is 10,034% less volatile than the S&P 500. Analyst Recommendations Embecta currently has a consensus price target of $19.00, suggesting a potential downside of 8.79%. Given RenovaCare’s higher probable upside, analysts clearly believe RenovaCare is more favorable than Embecta. Institutional & Insider Ownership 93.8% of Embecta shares are held by institutional investors. 0.3% of Embecta shares are held by company insiders. Comparatively, 0.9% of RenovaCare shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth. Earnings & Valuation This table compares Embecta and RenovaCare”s revenue, earnings per share and valuation. Embecta has higher revenue and earnings than RenovaCare. Summary Embecta beats RenovaCare on 8 of the 11 factors compared between the two stocks. About Embecta ( Get Free Report ) Embecta Corp., a medical device company, focuses on the provision of various solutions to enhance the health and wellbeing of people living with diabetes. Its products include pen needles, syringes, and safety injection devices, as well as digital applications to assist people with managing patient's diabetes. The company primarily sells its products to wholesalers and distributors in the United States and internationally. Embecta Corp. was founded in 1924 and is headquartered in Parsippany, New Jersey. About RenovaCare ( Get Free Report ) RenovaCare, Inc., a development-stage biotech and medical device company, focuses on the research, development, and commercialization of autologous cellular therapies for use in medical and aesthetic applications. It is developing CellMist System, a treatment methodology for cell isolation for the regeneration of human skin cells; and SkinGun, a solution sprayer device for delivering the cells to the treatment area. RenovaCare, Inc. has a strategic collaboration StemCell Systems GmbH for isolating and spraying self-donated stem cells to regenerate tissues and organs. The company was formerly known as Janus Resources, Inc. and changed its name RenovaCare, Inc.,to RenovaCare, Inc. in January 2014. RenovaCare, Inc. was incorporated in 1983 and is based in Scottsdale, Arizona. Receive News & Ratings for Embecta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Embecta and related companies with MarketBeat.com's FREE daily email newsletter .
Did you miss out on Black Friday and find yourself feeling a bit of FOMO today? Well, there’s great news for you: Amazon is still rolling out record-low prices on nearly the entire Apple lineup (with the exception of iPads which are out of stock). This means that MacBook Air models are still available at massive discounts whether you’re looking for the version with the M2 chip or the newer M3 chip. The 2022 MacBook Air laptop with M2 chip and 256GB storage is currently on sale at Amazon for $749, down from its original price of $999 , which is a substantial 25% discount. See MacBook Air M2 at Amazon The 2024 MacBook Air M3 13′′ with 256GB storage is also on sale post-Black Friday: Priced at $844 down from $1,099 , it’s still $100 more than the M2 version (but it’s a record low price) so the choice is yours. This 2024 model features the newer M3 chip and improved performance that might not be immediately noticeable to the average user. But if you’re looking for the latest version, it’s a great deal too. See MacBook Air M3 at Amazon Why Choose The M2 Model? The MacBook Air M2 boasts a great 13.6-inch Liquid Retina display with vibrant colors and sharp details. With a resolution of 2560-by-1664 pixels at 224 pixels per inch, this screen supports up to 1 billion colors so that everything from photos to videos looks incredibly lifelike. The display also features True Tone technology, which automatically adjusts the white balance to match the color temperature of your surroundings, providing a more natural viewing experience. Under the hood, the M2 chip is a powerhouse of performance (and the M3 does even better): It features an 8-core CPU with 4 performance cores and 4 efficiency cores for seamless multitasking and smooth operation. The GPU delivers impressive graphics performance and makes this MacBook Air suitable for tasks ranging from photo editing to casual gaming. The MacBook Air M2 doesn’t skimp on connectivity options: It features two Thunderbolt / USB 4 ports for charging, DisplayPort, Thunderbolt 3 and USB 3.1 Gen 2. There’s also a MagSafe 3 charging port and a 3.5 mm headphone jack. In terms of wireless connectivity, it supports Wi-Fi 6 and Bluetooth 5.3 for fast and stable connections. For those who frequently engage in video calls, the MacBook Air M2 comes equipped with a 1080p FaceTime HD camera. This is a good upgrade from the previous 720p camera and it offers clearer and more detailed video quality. The camera works in tandem with an advanced image signal processor with computational video for a better image quality. Battery life is another strong point of the MacBook Air M2 : Apple claims up to 18 hours of movie playback and up to 15 hours of wireless web browsing. See MacBook Air M2 at Amazon See MacBook Air M3 at Amazon
The perfect time to fight corruption is now
Please enable JavaScript to read this content. To some, Cabinet Secretary for Mining and Blue Economy Hassan Joho is an unprincipled man who changes like a chameleon to blend and survive with the prevailing political environment. His ardent supporters, however, believe Joho is a man who is unafraid to make tough decisions and stands even if it offends the status quo. Like the famous phrase that there are no permanent enemies in politics, history writers would spare a chapter for Joho, if the last few months of his relationship with Kenya Kwanza administration is anything to read from. Joho, alias Sultan, has made a 180-degree turn; from a fierce critic of President William Ruto to an ardent supporter ready to defend Kenya Kwanza with all his political might. Critics say Joho is following in the footsteps of past prominent leaders from the Coast, a region whose history is rich with cases of sycophantic elites who would say anything to please presidents. In the 1980s and 90s, there was Kanu stalwart, the late Shariff Nassir of mpende msipende clarion, later adopted by former Kwale Senator the late Boy Juma Boy. Joho and his supporters described his brand of politics as pragmatic. They say Joho is a flexible leader who prioritizes outcomes or benefits for his people over ideology. Crying more CS Joho claims to be a political disciple of ODM leader Raila Odinga, who has in the past joined his fierce opponents. He says, like Raila, he would be ready to build bridges. In the past few days, Joho’s maxim kama mbaya, ni mbaya. Kama ni noma ni noma (If it is bad, so be it. If it is chaos, so be it) in defence of Ruto has sparked debate on online platforms. He said government operatives will strongly respond to what is alleged. “We have mouths like you. You are on social media, but we are on the ground,” he said. In what the so-called online warriors have described as crying more than the bereaved, Joho said unpatriotic Kenyans were tarnishing Ruto and his government’s image overseas. He appeared irked by a section of Kenyans when he claimed that those loudest on social media attacking Ruto were using Wi-Fi provided by the government. Stay informed. Subscribe to our newsletter Joho mocked those cyberbullying or “greeting” via MPesa, challenging those sending him a shilling to increase the amount to Sh100. “I will come for you,” Joho told the online users. On Friday, Joho appeared to tone down, hinting that his outburst was because of the embarrassment he was subjected to in New York by investors who read only bad things about Kenya in the online space. He said it was important for every Kenyan to realize that they have a contribution to make in wooing investors into the country, saying that there was a need for all citizens to market the country positively. “Let us be responsible. It is our country, we cannot have another Kenya. One year wasted is far too long for future generations,” he said. Joho has used his docket to traverse the country and propagate Ruto’s agenda, defend the broad-based government, and attack former Deputy President Rigathi Gachagua for allegedly propagating tribalism. “You grow onions here, do you ask what tribe your buyers belong to or do you just take their money?” he charged. Joho’s praise of Ruto and his government is a stark difference from barely two years ago when he vowed not to support what he said was a “stone age wheelbarrow” ideology. “This is the only country where someone takes to social media anatengeza kaburi na kuombea viongozi mabaya, you will not remove this government using social media,” Joho said in part. In July 2024, after the Gen Z protests, Joho came out with guns blazing harshly criticizing Ruto and his government. He claimed in his life, he had never seen a liar, corrupt, and tribal person like Ruto. During the presidential campaign, in May 2022, Joho also branded Ruto as the most corrupt and dishonest person he had ever seen. “Maisha yangu tangu nizaliwe sijawahi ona mtu muongo, mfisadi, baradhuli...kama William Samoei Ruto,” he said in part. In November 2021, Joho harshly responded to claims of engaging Ruto ahead of the 2022 general election. He said he had nothing to discuss with the then DP. “I don’t even dream of engaging with DP Ruto. What will I discuss with him? What will he give me? A wheelbarrow? I played with a wheelbarrow a long time ago as a child,” he said. During his vetting, Joho was asked to explain how he would engage with President Ruto who he had harshly criticized in the past but noted that “only a fool does not change his mind.” “I have been a big critic of this government. Now, I have an opportunity to create a difference. I will do exactly that,” Joho responded. Critics say Joho’s political modus operandi presents him as unprincipled and guided by selfish interests due to his family business empire’s run-ins with the State agencies after Ruto rose to power. During the vetting for the Cabinet post, Joho disclosed that he is worth Sh2.36 billion spreading in the shipping and logistics business, property, valuables, cash in banks, and shareholding in the family business. His family’s business empire came under threat after State agencies like Kenya Ports Authority (KPA) cancelled leases and contracts worth billions of shillings linked to the port of Mombasa. Joho family’s Autoports Terminal Limited (APTL) and Kenya Railways Corporation (KR) deal for the transportation of cargo by the Standard Gauge Railway (SGR) came under sharp focus. In the special audit report dated August 10, the Office of the Auditor General (OAG) said the contractual agreement was not transparent and could expose the government and taxpayers to litigation risks. The report said KR could be losing revenue due to the government as a result of irregular leasing of the Nairobi Freight Terminal (NFT) to M/s Autoports Freight Terminal Limited. Joho’s family has also lost the battle to develop the second grain bulk handling terminal at the port of Mombasa after KPA decided to review all land leases at the port. The family empire seeks to develop the grain handling terminal at the port at Sh5.9 billion. Audit trail Currently, Portside and KPA are locked in a legal battle after the latter suspended the 20-year lease granted to the firm on June 30, 2022. KPA leased Shed Five, which is 100,000 square feet, and Shed Six which is 70,000 square feet, in a deal that was to start from July 1, 2022. Meanwhile, Autoports’ deal to transport South Sudan cargo by SGR from the port and handle it at the NFT leased from KR was also questioned with State agencies pushing for its cancellation. The audit highlighted irregularities in KR, as a procuring entity, entering into a contract with M/s Autoports on terms that were not approved by the board. It said that the procedure followed to have a contractual agreement between KR and M/s Autoports Freight Terminal Limited was not transparent and lacked the requisite documents with a clear audit trail as opposed to the similar agreement between KR and M/s Grain Bulk Handlers Limited (GBHL). Mombasa lawyer Abubakar Yusuf says Joho would do everything to ensure the success of Ruto because it would guarantee him a post in post-2027 polls. “What Joho is doing is nothing new in politics. Ruto and Raila Odinga attacked each other and have closed ranks. Raila and Uhuru fought fiercely and in 2018 they had a handshake,” Yusuf said. Coast Human Rights Coordinator Julius Ogogoh says Joho had the right to support whoever he wants, but as a public officer, he cannot threaten those with divergent opinions.