
The Los Angeles Chargers have placed tight end Hayden Hurst on injured reserve . Hurst has struggled to stay healthy after struggling with a groin injury earlier in the season and will now be shelved with a hip for at least the Chargers game against the Denver Broncos on December 19th. Hurst Moved To IR Ahead Of Chargers MNF Game He was featured heavily in the first four weeks of the season before getting hurt early in their first contest against the Broncos. Through those four games, Hurst had seven catches on 10 targets for 59 yards. The team rebuilt their tight end room ahead of the season adding Hurst in addition to Will Dissly, Stone Smartt, and Tucker Fisk. Hurst missed the last eight games of 2023 due to a traumatic head injury. He also had surgery on his groin, in the spring of 2023. Tight ends have always been featured heavily in Jim Harbaugh’s offenses and that has followed suit with the Chargers. In Hurst’s absence, he has looked to Will Dissly as a pass-catching option. In his six seasons with the Seattle Seahawks, Dissly averaged 27 catches and 296 yards receiving. So far in 10 games with the Chargers, he has caught a career-high 37 passes and 352 yards. It is likely that Dissly now fills the role intended for Hurst who has been a pass-catching tight end in the past. To fill the roster spot, the team has signed cornerback Eli Apple. Additionally, they have activated defensive back Deane Leonard from injured reserve and elevated safety Tony Jefferson and outside linebacker Caleb Murphy from the practice squad. They also moved AJ Finley to the IR. This article first appeared on LAFB Network and was syndicated with permission.Gettman kicks go-ahead FG as Villanova ends Delaware's FCS-era with a 38-28 win in finale
About N3.87 trillion has been allocated for recurrent expenditure across 13 Nigerian states in their proposed budgets for the 2025 fiscal year. The governors of these states have presented budgets that prioritise administrative costs, including salaries and overheads, while also allocating significant funds for capital projects aimed at boosting infrastructure development. The total proposed budget across the 13 states for 2025 stands at N9.07tn. Of this total budget, N3.87tn is allocated for recurrent expenditure, which covers the ongoing costs of running the government and providing essential services. The remaining N5.845tn is directed towards capital expenditure, reflecting the states’ focus on long-term projects. The figures provided in this report were derived from details of the budget submitted by the state governors to their respective State Houses of Assembly. The reports were posted on each state’s official website. Recurrent expenditure refers to the regular and ongoing costs that a government or organisation incurs in the day-to-day running of its activities. Capital expenditure, on the other hand, refers to the funds used by the government or an organisation for the acquisition or construction of long-term assets that will contribute to future growth and development. In Lagos State, Governor Babajide Sanwo-Olu proposed a budget of N3.005tn, with N1.24tn allocated for recurrent expenditure, representing a portion of the total budget. The state also earmarked N1.76tn for capital expenditure, highlighting its focus on infrastructural development. Bauchi State Governor, Bala Mohammed, presented a N465.09bn budget, with N182.74bn allocated for recurrent expenditure, which makes up 39.3 per cent of the total budget. The remaining N282.34bn is set aside for capital expenditure, underscoring the state’s commitment to development. In Bayelsa State, Governor Douye Diri proposed a N689.4bn budget with N263.38bn earmarked for recurrent expenditure, accounting for 38.2 per cent of the total budget. A larger portion, N404.76bn, was allocated for capital expenditure. Osun State Governor, Ademola Adeleke, presented a N390.03bn budget, allocating N245.8bn (62.9 per cent) for recurrent expenditure, with N144.23bn dedicated to capital expenditure. Oyo State’s budget, presented by Governor Seyi Makinde, is N678.09bn, with N325.57bn allocated for recurrent expenditure. This represents 49.41 per cent of the total budget. The state has also proposed N349.29bn for capital expenditure. Anambra State Governor, Charles Soludo, presented a N606.9bn budget with N139.5bn allocated for recurrent expenditure, representing 23 per cent of the total. A larger share of N467.5bn is dedicated to capital expenditure, though the state faces a projected deficit of N148.3bn. Related News Mufwang presents Plateau's N471bn budget to Assembly Tinubu may present 2025 budget this week – Senate 2025 budget will underperform, stakeholders caution In Gombe State, Governor Muhammadu Yahaya proposed a N320.11bn budget, allocating N111.09bn for recurrent expenditure and N209.02bn for capital expenditure. Ekiti State Governor, Biodun Oyebanji, presented a N375.7bn budget, with N192.3bn (51 per cent) allocated for recurrent expenditure and N183.4bn (49 per cent) for capital expenditure. Additionally, Cross River State Governor, Bassey Otu, presented a N498bn budget, with N170bn allocated for recurrent expenditure, representing 34 per cent of the total. The bulk of the budget, N328bn, is focused on capital expenditure, aimed at supporting infrastructure growth. In Akwa Ibom, the state’s executive council approved a N955bn budget, with N300bn set aside for recurrent expenditure and N655bn for capital projects. This was disclosed in a statement issued by the state Commissioner of Information, Ini Ememobong after the council’s meeting presided over by Governor Umo Eno, on Wednesday. Delta State Governor, Sheriff Oborevwori, presented a N936bn budget, allocating N348bn for recurrent expenditure and N587bn for capital expenditure. Governor Caleb Mutfwang of Plateau State presented a budget estimate of about N471.1bn to the State House of Assembly for the 2025 fiscal year on Monday. In Plateau State, Governor Mutfwang proposed a N471.1bn budget, with N201.5bn allocated for recurrent expenditure, representing 43.46 per cent of the total budget. The capital budget estimate is N258.8bn, representing 56.54 per cent of the total budget. Governor Dikko Radda of Katsina State on Monday presented the State’s 2025 Budget Proposal to the state House of Assembly. Katsina’s recurrent expenditure stands at N157.97bn, representing 23.15 per cent of the total budget, while capital expenditure is N524.27bn, representing 76.85 per cent of the budget. Commenting, the Chief Executive Officer of Cowry Treasurers Limited, Charles Sanni, shared his insights, “The huge budgeted recurrent expenditures speak to the fact that little is available for capital projects. This will lead to capital investment rationing. A low capital expenditure budget simply tells us that not much growth and contribution to GDP will be expected because only significant capital budgets will promote economic, human, and social investments.” He further suggested two primary options for improving the financial health of the states: “Cost optimisation—stop leakages, adopt strict budget control measures, and cut down on the size or cost of personnel, particularly political aides—and increasing internally generated revenue through more public-private partnership deals, multilateral organizations’ direct budget financing support, and diaspora engagement for special projects funding.” An economist and investment specialist, Vincent Nwani, also weighed in, by stating that “the budget is small; some Nigerian universities’ annual budgets are even larger. It is too small for any significant development, and for infrastructure, it is still a small amount. “What’s worse is that a large portion of the capital is being used for non-productive purposes, such as buying cars, instead of funding long-term projects that can drive economic growth. There are issues of corruption and a lack of transparency that need to be addressed. The states need to start generating more income to meet their obligations, as they have borrowed before and need to repay.” The PUNCH reports that economic stakeholders have projected that the 2025 proposed budget of N47.9tn may underperform due to its bullish assumptions.MAI Capital Management Lowers Holdings in Barclays ETN+ Select MLP ETNs (NYSEARCA:ATMP)Zimbabwe's gross domestic product (GDP) has sharply fallen to US$35 billion in November, a staggering 25% decline from US$47 billion in April. The sharp contraction highlights the dire economic challenges faced by the country, including the impact of a severe drought, rapid currency devaluation, and instability in global commodities markets. The drop in GDP was confirmed by the Zimbabwe Public Debt Management Office, which reported a loss of US$12 billion over just seven months. This came as a major shock, especially after President Emmerson Mnangagwa had declared in April that the country's GDP had surged by 194%, from US$16 billion in 2018 to US$47 billion. However, this earlier optimistic projection now appears disconnected from the current economic reality. The sharp downturn aligns with a variety of economic setbacks. Zimbabwe Gold (ZiG), the country's new currency initiative, has experienced a disastrous slump, falling more than 40% since its market debut on April 5. The currency's crash has been driven by a combination of factors, including heavy devaluation and negative market sentiment, especially throughout the third quarter. Minister of Finance, Economic Development, and Investment Promotion Mthuli Ncube attempted to offer a hopeful forecast, projecting that the GDP would rebound to US$38.2 billion in 2025. According to Ncube, private consumption would drive growth, particularly with a forecasted 6.6% increase in household spending. However, critics have expressed skepticism about these projections, citing persistent challenges such as inflation, dwindling consumer purchasing power, and the ongoing effects of the drought. One of the main contributors to the GDP contraction has been the extreme drought, exacerbated by the El Niño weather pattern. Zimbabwe has faced one of its worst agricultural seasons in recent history, which has had a ripple effect on the economy, including food imports and rising agricultural costs. Economists warn that Ncube's projected growth in 2025 is overly optimistic, given the uncertainties around the agricultural season and the nation's vulnerability to climate change. Trust Chikohora, a former president of the Comesa Business Council, noted that currency instability, particularly the devaluation of ZiG, had played a major role in the country's economic slump. "The exchange rate had a major impact, with the value of ZiG crashing from around US$1:ZiG14 to nearly US$1:ZiG30," Chikohora said. "There are also other factors, including the agricultural crisis, which makes the projected 2025 growth rate seem highly speculative." In his November budget statement, Ncube revised down the 2023 GDP growth forecast from 5% to just 2%, with a projection of 6% growth in 2025. However, economists have largely dismissed these figures as unrealistic, pointing to the deep-rooted structural issues that continue to plague the economy. Chenayimoyo Mutambasere, an economist at the Centre for Economic Justice, criticized the inconsistency in growth projections, saying that the downward revision of growth targets signals overly ambitious budgeting. "The revision from 5% to 2% growth indicates that the government's economic expectations were disconnected from the realities of the country's challenges," Mutambasere said. "This decline in investment, combined with a 200% increase in maize imports, exacerbates the economic problems." The decline in GDP has been accompanied by a drop in business activity and consumer spending. Many businesses are grappling with bankruptcies, and capital flight remains a significant concern. The collapse of Zimbabwe's GDP mirrors the devastating economic decline of the 2000s, when the country's economy contracted by 50% over the course of a decade. Stevenson Dhlamini, an economics lecturer at the National University of Science and Technology, emphasized that climate change-related disruptions had played a key role in the economic contraction. "The impact of the drought, combined with a global commodities shock, has pushed Zimbabwe's GDP into a tailspin," Dhlamini said. "The situation is aggravated by the economic problems faced by key sectors, including the platinum group of minerals." As Zimbabwe faces another year of economic uncertainty, the outlook remains grim. The negative impacts of the drought, coupled with currency instability and a lack of investor confidence, suggest that the country's recovery efforts are unlikely to bear fruit without significant changes to economic policies and governance. The hope for a rebound in 2025 hinges on factors that remain outside the government's control, including the outcome of the agricultural season and global market conditions. While Minister Ncube's optimistic forecast for 2025 remains, leading economists warn that the challenges facing Zimbabwe's economy are deep-rooted and may take years to resolve.
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Autry scores 16 as George Washington downs Illinois State 72-64Then Wednesday's targeted fatal shooting of the UnitedHealthcare CEO on a midtown Manhattan sidewalk thrust the executive and his business into the national spotlight. Thompson, who was 50, had worked at the giant UnitedHealth Group Inc for 20 years and run the insurance arm since 2021 after running its Medicare and retirement business. As CEO, Thompson led a firm that provides health coverage to more than 49 million Americans — more than the population of Spain. United is the largest provider of Medicare Advantage plans, the privately run versions of the U.S. government’s Medicare program for people age 65 and older. The company also sells individual insurance and administers health-insurance coverage for thousands of employers and state-and federally funded Medicaid programs. The business run by Thompson brought in $281 billion in revenue last year, making it the largest subsidiary of the Minnetonka, Minnesota-based UnitedHealth Group. His $10.2 million annual pay package, including salary, bonus and stock options awards, made him one of the company's highest-paid executives. The University of Iowa graduate began his career as a certified public accountant at PwC and had little name recognition beyond the health care industry. Even to investors who own its stock, the parent company's face belonged to CEO Andrew Witty, a knighted British triathlete who has testified before Congress. When Thompson did occasionally draw attention, it was because of his role in shaping the way Americans get health care. At an investor meeting last year, he outlined his company's shift to “value-based care,” paying doctors and other caregivers to keep patients healthy rather than focusing on treating them once sick. “Health care should be easier for people,” Thompson said at the time. “We are cognizant of the challenges. But navigating a future through value-based care unlocks a situation where the ... family doesn’t have to make the decisions on their own.” Thompson also drew attention in 2021 when the insurer, like its competitors, was widely criticized for a plan to start denying payment for what it deemed non-critical visits to hospital emergency rooms. “Patients are not medical experts and should not be expected to self-diagnose during what they believe is a medical emergency,” the chief executive of the American Hospital Association wrote in an open letter addressed to Thompson. “Threatening patients with a financial penalty for making the wrong decision could have a chilling effect on seeking emergency care.” United Healthcare responded by delaying rollout of the change. Thompson, who lived in a Minneapolis suburb and was the married father of two sons in high school, was set to speak at an investor meeting in a midtown New York hotel. He was on his own and about to enter the building when he was shot in the back by a masked assailant who fled on foot before pedaling an e-bike into Central Park a few blocks away, the New York Police Department said. Chief of Detectives Joseph Kenny said investigators were looking at Thompson's social media accounts and interviewing employees and family members. “Didn’t seem like he had any issues at all,” Kenny said. "He did not have a security detail.” AP reporters Michael R. Sisak and Steve Karnowski contributed to this report. Murphy reported from Indianapolis.WILLMAR — If you’re dreading a long holiday drive with a few passengers you might consider to be “turkeys,” well, consider Peter Gruhl, whose passengers really are turkeys. As in “Peach” and “Blossom,” the two turkeys pardoned by President Joe Biden on Monday. They’ve been great passengers, according to Gruhl, who was reached by phone Monday in Pennsylvania. He was bringing his two passengers back to Minnesota. They are headed to Farmamerica, an agricultural interpretive center in Waseca, where they will live in retirement. Gruhl had picked up his passengers at John Zimmerman’s farm near Northfield, Minnesota. Zimmerman is president of the National Turkey Federation. He raised the birds and continued a tradition by the Federation of presenting turkeys to the president of the United States for an official pardon. The practice of presenting a turkey dates to President Harry Truman in 1947. President George H.W. Bush started the pardoning during his administration. It’s roughly an 1,100-mile drive from Northfield to Washington, D.C., or 16 to 17 hours of travel time, and it involved more than a few stops, according to Gruhl. After picking up the birds at the farm, he said he drove slowly to allow the birds time to acclimate to the sensations experienced in a moving vehicle. “I try to make sure they know what is going to happen,” he said. “They catch on after a while.” The birds travel in a rented van, complete with a tarp, wood shavings and plenty of feed and water. They are docile while traveling. “They make a certain noise when they want to get up, eat and drink, or walk around,” said Gruhl. When they do, he pulls over for 10 to 15 minutes and he takes advantage of the stop to stretch his own legs. Gruhl and Peach and Blossom spent the night in adjoining rooms at the Willard InterContinental Hotel in Washington before the birds received their pardons. They were called “Very Important Turkeys” at the hotel, and presented with make-believe room keys as they were marched into the prestigious hotel, according to Gruhl. “Had the red carpet rolled out,” he said of their arrival. At the pardoning ceremony, Gruhl said President Biden made a point of coming over and shaking his hand and thanking him for delivering the birds. Gruhl is 34 years into a career in the turkey industry, including past roles as sales director with Life-Science Innovations and NextNest of Willmar. He sold the innovative equipment at the new NextNest hatchery located west of Willmar. The equipment provides an environment to produce healthier and bigger poults, said Gruhl. He services the systems globally, so he’s no stranger to travel. He’s been the official chauffeur for turkeys receiving a presidential pardon nine times now. He’s delivered the chosen birds to presidents George Bush, Donald Trump, Barack Obama and Biden. He’s picked up his passengers mostly from Minnesota farms, but also has transported birds raised in South Dakota and Iowa. He drove the birds raised by then-chief executive Rick Huisinga of Life-Science in Willmar for a presidential pardon in 2011. Once back in Minnesota, Gruhl said he will spend a few days in the Willmar area before heading back on the road with new turkey passengers. He will be picking up two new birds from Zimmerman’s flock near Northfield and delivering them to Arrowhead Stadium for the NFL’s Black Friday game featuring the Las Vegas Raiders versus the Kansas City Chiefs. Said Gruhl of his career in the turkey industry: “Who would have thought turkeys would have taken me to all these places.”Anyone Who Identifies As “Lazy” Will 100% Want To Check Out These 33 Products
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