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New England Patriots 2025 would have been perfect job for Bill Belichick, says Bill SimmonsNEW DELHI: Ending a five-decade-old debate on insertions of words 'socialist' and 'secular' in the Preamble of the Constitution, the Supreme Court on Monday upheld the Emergency-era amendment to the Preamble and said these words neither impede private entrepreneurship nor fetter govt from getting rid of obnoxious religious practices. Throwing out challenge to the 42nd constitutional amendment that inserted these two words along with 'integrity' in the Preamble in 1976 by the Indira Gandhi govt, a bench of CJI Sanjiv Khanna and Justice Sanjay Kumar said secularism mandates the govt not to favour any religion but it does not prevent elimination of religious attitudes and practices impeding development and right to equality. IPL 2025 mega auction IPL Auction 2025: Who went where and for how much IPL 2025: Complete list of players of each franchise It said despite freedom of religion guaranteed to the citizens and their non-discrimination on the ground of their faith, the Constitution under the Directive Principles of State Policy permits the govt to strive for a Uniform Civil Code (UCC), a hot topic in the Indian polity since the Shah Bano case judgment of the SC in 1985. The bench said socialism in the Indian context does not restrict economic policies of an elected govt. "Neither the Constitution nor the Preamble mandates a specific economic policy or structure, whether left or right. Rather, 'socialist' denotes the State's commitment to be a welfare State and its commitment to ensuring equality of opportunity," it said. It said the socialism practised in India aims to achieve the goal of economic and social upliftment of citizens and in no way restricts private entrepreneurship and the right to do business, which is guaranteed as a fundamental right under Article 19(1)(9g). CJI Khanna-led bench said, "India has consistently embraced a mixed economy model, where the private sector has flourished, expanded and grown over the years, contributing significantly to the upliftment of marginalised and underprivileged sections in different ways. In the Indian framework, socialism embodies the principle of economic and social justice, wherein the State ensures that no citizen is disadvantaged due to economic or social circumstances." The challenge to the 42nd amendment was mounted by a PIL in 2020, a good 44 years after the insertion of the words 'socialist' and 'secular' in the Preamble on the grounds - the framers of the Constitution had omitted these two words from the Preamble after long deliberations; the word 'socialist' restricted the govt's choice of economic policy; and, that the amendment was passed on Nov 2, 1976, nearly eight months after the term of Lok Sabha got over on Mar 18, 1976. "We do not find any legitimate cause or justification for challenging the constitutional amendment after nearly 44 years," the bench said. The SC said the power to amend the Constitution rests only with Parliament and this power extends to amending the Preamble. On the validity of insertion of 'secular' in Preamble, the SC said, "Over time, India has developed its own interpretation of secularism, wherein the State neither supports any religion nor penalises the profession and practice of any faith." Listing several fundamental rights under the Constitution, which bars govt from discriminating citizens on the ground of faith and allows people to profess a religion of their choice while allowing minority communities from establishing and administering their educational institutions, the bench said, "Despite these provisions, Article 44 in the Directive Principles of State Policy permits the state to strive for a uniform civil code for its citizens."
Editor’s Note: The InvestorPlace offices will be closed from Tuesday, December 24, to Wednesday, January 1 , for the holidays. The Customer Service department will be open for email inquiries only on December 26, 27, 30, and 31. Happy Holidays! Hello, Reader. In the spirit of the holiday season, I’d like to share a small gift with you: a particular stock I’ve been closely watching. It is a battery metals company that I’ve held long-term. And although it’s not garnering the same media buzz as some of its peers, this company recently hit a 52-week high... and I believe it could continue to outperform in the months ahead. Here’s why... Electric vehicles (EVs) and other green technologies require battery metals – like copper, nickel, lithium, and aluminum – and, as such, are creating powerful long-term demand trends. These metals all play a critical role in a megatrend I first highlighted more than four years ago. I called it the “Second Electric Revolution,” which continues to accelerate, particularly in the rapidly expanding EV and energy storage sectors. That spells good news for Alcoa Corp. ( AA ) , the largest U.S.-based aluminum producer. Now, aluminum does not receive the same high-profile attention that other battery metals do, but the solar industry is a prodigious consumer of aluminum, and, as I said, so is the EV industry. Alcoa’s current valuation is cheap enough that the stock could deliver outsized gains, especially if aluminum demand ramps up more quickly and powerfully than investors currently expect. While the price of aluminum fell sharply after the 2022 spike – during the early days of the Ukrainian invasion – the long-term outlook remains strong. A report from the London-based International Aluminium Institute ( IAI ) finds that global aluminum demand will jump about 40% by 2030 – and cleantech industries will power most of that growth. As a result, the report states that aluminum producers will need to ramp up their production from 86 million metric tons in 2020 to 120 metric tons by 2030. According to the research firm Wood Mackenzie, solar industry demand for aluminum could increase from just under 3% of total world consumption to nearly 13% by 2040. In the EV industry, aluminum does not play a significant electrification role, but the body and chassis of each Tesla Model S contains about 410 pounds of aluminum! That’s no accident. Because aluminum is so much lighter than steel, EV manufacturers covet the metal. An aluminum vehicle can travel much farther on a single charge than a steel vehicle can. For this reason, many EV manufacturers are ramping up their aluminum consumption. In fact, aluminum is the fastest-growing material in the automotive market. Wood Mackenzie expects aluminum demand for EVs to hit 2.4 million tonnes by 2025, and then quadruple to nearly 10 million tonnes by 2040. At that point, EV demand for aluminum would total about 12% of the global total. Obviously, these forecasts are merely guesses, but the trend is clear. EV demand for aluminum is ramping higher. And that’s just one source of demand from the cleantech sector. According to the IAI, renewable energy needs will create demand for aluminum to replace existing copper cabling for power distribution. In total, the electric sector will require an additional 5.2 million metric tons by 2030, according to the group. You get the idea. Despite the strong supply-demand dynamics in the aluminum market, the Alcoa share price is reflecting all doom and no boom. However, from this low valuation, Alcoa offers substantial upside potential. Smart Money Roundup Are These AI Stocks Ready for a Comeback? My InvestorPlace colleague Luke Lango has been covering the two waves of the AI Boom in his publications for the past few years. And as the AI Boom accelerates, AI itself isn’t going to take over the world – but businesses using AI will. So I’ve invited Luke here to give us the big picture on the AI Boom... and what it means for the companies building new businesses on top of the AI superhighway (and eventually the AGI highway). The AGI Race Is on... and so Is the Race for the Best AGI Plays When AGI arrives, it could identify problems that humans never even considered, and then create solutions, all on its own. But it could also introduce terrifying new forms of warfare. And because of AGI’s superhuman potential for both good and evil, the U.S. will devote itself completely to winning the AI race. So, I want to not only show you how the U.S. will win this race... but also how you can get in on it. Every Investor Should Own the “Stock of the Decade”... but They Shouldn’t Stop There I recently worked with my InvestorPlace colleagues Louis Navellier and Luke Lango to put together a portfolio of the best of the best AI stocks . And we recently took to the “airwaves” to tell folks all about it. One of those stocks is Nvidia Corp. ( NVDA ), which Louis calls the “stock of the decade.” He will explain why it’s not too late to add NVDA to your portfolio. These Low-Lying AI Companies Are Ready to Explode Most investors missed out on the initial phase of the AI Revolution. However, another wave of AI innovation is coming. In fact, the opportunity here is significantly larger than any previous AI application. I’ll tell you what to expect from this new wave of winners... and where to find some of that opportunity. Looking Ahead In this coming New Year, we believe that a singular event – AI Day One – will kick off the biggest, fastest societal change in human history. It will even make the version of ChatGPT that launched in 2022 look as relevant as a VHS tape. It will also be the biggest investment opportunity of our lifetimes, where we believe the AI Appliers will dominate. These are companies that are not at the forefront of producing the material needed to create AI. Instead, they are employing AI technology within their own products and services. AI appliers are everywhere... and growing by the day. That is why Louis, Luke, and I put our heads together to find the AI Applier stocks that we believe could skyrocket from AI Day One. To learn more about these stocks, you can click here to watch out special broadcast. You’re next Smart Money will be available Thursday. Until then, we wish you a wonderful holiday. Regards, Eric FryNone
NEW YORK (AP) — President-elect Donald Trump’s lawyers urged a judge again Friday to throw out his hush money conviction, balking at the prosecution’s suggestion of preserving the verdict by treating the case the way some courts do when a defendant dies. They called the idea “absurd.” The Manhattan district attorney's office is asking Judge Juan M. Merchan to “pretend as if one of the assassination attempts against President Trump had been successful,” Trump’s lawyers wrote in a blistering 23-page response. In court papers made public Tuesday, District Attorney Alvin Bragg’s office proposed an array of options for keeping the historic conviction on the books after Trump’s lawyers filed paperwork earlier this month asking for the case to be dismissed. They include freezing the case until Trump leaves office in 2029, agreeing that any future sentence won't include jail time, or closing the case by noting he was convicted but that he wasn't sentenced and his appeal wasn’t resolved because of presidential immunity. Trump lawyers Todd Blanche and Emil Bove reiterated Friday their position that the only acceptable option is overturning his conviction and dismissing his indictment, writing that anything less will interfere with the transition process and his ability to lead the country. The Manhattan district attorney’s office declined comment. It’s unclear how soon Merchan will decide. He could grant Trump’s request for dismissal, go with one of the prosecution’s suggestions, wait until a federal appeals court rules on Trump’s parallel effort to get the case moved out of state court, or choose some other option. In their response Friday, Blanche and Bove ripped each of the prosecution’s suggestions. Halting the case until Trump leaves office would force the incoming president to govern while facing the “ongoing threat” that he’ll be sentenced to imprisonment, fines or other punishment as soon as his term ends, Blanche and Bove wrote. Trump, a Republican, takes office Jan. 20. “To be clear, President Trump will never deviate from the public interest in response to these thuggish tactics,” the defense lawyers wrote. “However, the threat itself is unconstitutional.” The prosecution’s suggestion that Merchan could mitigate those concerns by promising not to sentence Trump to jail time on presidential immunity grounds is also a non-starter, Blanche and Bove wrote. The immunity statute requires dropping the case, not merely limiting sentencing options, they argued. Blanche and Bove, both of whom Trump has tabbed for high-ranking Justice Department positions, expressed outrage at the prosecution’s novel suggestion that Merchan borrow from Alabama and other states and treat the case as if Trump had died. Blanche and Bove accused prosecutors of ignoring New York precedent and attempting to “fabricate” a solution “based on an extremely troubling and irresponsible analogy between President Trump" who survived assassination attempts in Pennsylvania in July and Florida in September “and a hypothetical dead defendant.” Such an option normally comes into play when a defendant dies after being convicted but before appeals are exhausted. It is unclear whether it is viable under New York law, but prosecutors suggested that Merchan could innovate in what’s already a unique case. “This remedy would prevent defendant from being burdened during his presidency by an ongoing criminal proceeding,” prosecutors wrote in their filing this week. But at the same time, it wouldn’t “precipitously discard” the “meaningful fact that defendant was indicted and found guilty by a jury of his peers.” Prosecutors acknowledged that “presidential immunity requires accommodation” during Trump’s impending return to the White House but argued that his election to a second term should not upend the jury’s verdict, which came when he was out of office. Longstanding Justice Department policy says sitting presidents cannot face criminal prosecution . Other world leaders don’t enjoy the same protection. For example, Israeli Prime Minister Benjamin Netanyahu is on trial on corruption charges even as he leads that nation’s wars in Lebanon and Gaza . Trump has been fighting for months to reverse his May 30 conviction on 34 counts of falsifying business records . Prosecutors said he fudged the documents to conceal a $130,000 payment to porn actor Stormy Daniels to suppress her claim that they had sex a decade earlier, which Trump denies. In their filing Friday, Trump’s lawyers citing a social media post in which Sen. John Fetterman used profane language to criticize Trump’s hush money prosecution. The Pennsylvania Democrat suggested that Trump deserved a pardon, comparing his case to that of President Joe Biden’s pardoned son Hunter Biden, who had been convicted of tax and gun charges . “Weaponizing the judiciary for blatant, partisan gain diminishes the collective faith in our institutions and sows further division,” Fetterman wrote Wednesday on Truth Social. Trump’s hush money conviction was in state court, meaning a presidential pardon — issued by Biden or himself when he takes office — would not apply to the case. Presidential pardons only apply to federal crimes. Since the election, special counsel Jack Smith has ended his two federal cases , which pertained to Trump’s efforts to overturn his 2020 election loss and allegations that he hoarded classified documents at his Mar-a-Lago estate. A separate state election interference case in Fulton County, Georgia, is largely on hold. Trump denies wrongdoing in all. Trump had been scheduled for sentencing in the hush money case in late November. But following Trump’s Nov. 5 election victory, Merchan halted proceedings and indefinitely postponed the former and future president’s sentencing so the defense and prosecution could weigh in on the future of the case. Merchan also delayed a decision on Trump’s prior bid to dismiss the case on immunity grounds. A dismissal would erase Trump’s conviction, sparing him the cloud of a criminal record and possible prison sentence. Trump is the first former president to be convicted of a crime and the first convicted criminal to be elected to the office.
IIT Bombay Is Developing Six Innovative Ideas For Perfecting Green EnergyFormer Manchester United man Jaap Stam has told the club letting Scott McTominay go was a “bad call” as he’s the type of high-impact player “you don’t want to lose”. McTominay had his best season in a United shirt last term. He bagged 10 goals and three assists in all competitions, which included seven Premier League goals, a tally only beaten by two Red Devils players. The Scotsman has since scored four goals and provided three assists in a Napoli shirt after a £25million move. Ex-United man Stam has told the club it was a poor decision to let him go, given the impact he had at Old Trafford and is now having in Italy. “Scott McTominay has been a very important influence at Manchester United even though he wasn’t a guaranteed starter,” Stam told SportLens . “He scored goals and had a big impact and those are the players you don’t want to lose as a football club. MORE ON MAN UTD FROM F365: 👉 Man Utd lucky to have only one clown in worst Premier League XI of weekend 👉 Owen slams ‘stupid’ Man Utd star in Bournemouth loss as he urges Amorim to get ‘brutal’ 👉 Man Utd swap deal given ‘OK’ with Old Trafford seen as ‘perfect destination’ for ex-Brighton star “Leaving might’ve been a good step for him, as is currently being discussed with Marcus Rashford, but he may well have wanted to stay. “He has been a very important player for Napoli and his confidence is growing because he is starting most games and overall I think selling him was a bad call at United. “Sometimes you have to make tough decisions as a club and I understand that, but I wouldn’t have been keen to sell McTominay.” It seems United may not have known what they had until they lost it, as they could do with a player like McTominay amid their poor run, which sees them 13th in the Premier League. READ MORE : Amorim sets ‘focus’ on ‘improving’ Rashford as he’s ready to ‘forget’ explosive interview by Man Utd forward
Travis Hunter and Ashton Jeanty give this year's Heisman Trophy ceremony a different vibeMedia Delegations Visit Book Fair Ground
Carrefour's cold shoulder for South American beef sparks a backlash from BrazilPHILADELPHIA (AP) — Makenzie McGill II ran for 155 yards and scored a pair of touchdowns and North Texas ended a five-game losing streak beating Temple 24-17 on Saturday in a regular-season ender for both teams. The win helped North Texas (6-6, 3-5 American Athletic Conference) reach bowl eligibility. Prior to Saturday, the Mean Green hadn't won since Oct. 12 when they beat Florida Atlantic 41-37. The game's scoring outcome was settled by halftime. Chandler Morris threw a 14-yard touchdown to DT Sheffield on the game's opening drive for a 7-0 UNT lead. Kali Nguma added a 36-yard field 19 seconds later following a Temple turnover. The Owls (3-9, 2-6) got on the board with Maddux Trujillo's 44-yard field goal. McGill made it 17-3 with a 39-yard scoring run. Eight seconds into the second quarter, McGill ran 51 yards to the end zone for a 24-3 edge. Temple got two touchdowns before the half ended when Joquez Smith and Evan Simon each ran it in from the 1 to reduce the deficit to 24-17. North Texas clinched a bowl berth for the 15th time in program history and eighth time since 2013. It's the first time in the Eric Morris era North Texas has qualified for a bowl. Temple hasn't posted a winning season since 2019 when it went 8-5 and ended the season with a 55-13 loss to North Carolina in the Northrop Grumman Military Bowl. The Owls have ended the last four seasons with records of 3-9. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football
NAPLES, Fla. (AP) — Narin An handled the windy conditions with a hot putter on Thursday, making four straight birdies around the turn and finishing with an 8-under 64 for a one-shot lead in the CME Group Tour Championship. At stake for the 60-player field is a $4 million prize to the winner, the largest single-day payoff in women's golf. Nelly Korda already has won more than that during her sterling season of seven wins. Now she faces an eight-shot deficit over the next three days at Tiburon Golf Club if she wants to end her year in fitting fashion. Korda, coming off a victory last week, couldn't make amends for her three bogeys and had to settle for an even-par 72. She has come from behind in four of her victories, and still has 54 holes ahead of her. But it has made the task that much tougher. Everything felt easy for An, a 28-year-old from South Korea who has never won on the LPGA and has never cracked the top 10 in any of the 16 majors she has played. “Today my putt really good,” An said. “The speed was good and the shape was good. I just try to focus a little bit more.” She had a one-shot lead over Angel Yin, who shot 30 on the back nine, including an eagle on the par-5 17th hole that most players can easily reach in two. Former U.S. Women's Open champion Allisen Corpuz and Marina Alex were at 66, with Lydia Ko leading the group at 67. Despite the wind so typical along the Gulf Coast of Florida, 27 players — nearly half the field — shot in the 60s. “It's a good head start for the big ol' prize we get at the end of the week,” Yin said. Whoever wins this week is assured of breaking the 17-year-old LPGA record for most money earned in season. The record was set by Lorena Ochoa in 2007 at $4,364,994, back when the total prize money was about half of what it is now. Ochoa earned $1 million for winning the Tour Championship in 2007. The opening round followed a big night of awards for the LPGA Tour, where Korda officially picked up her first award as player of the year, which she clinched earlier this month . Ko was recognized for her big year, highlighted by an Olympic gold medal that put her into the LPGA Hall of Fame. She regained plenty of focus for the opening round on a course where she won just two years ago. “The course isn't easy,” Ko said. “I set a goal of shooting 3 under today, and somebody shot 8 under. I was like, ‘OK, maybe I need to make a few more birdies.’ It's a course that can get away from you as much as you can shoot some low scores, so I’m just trying to stick to my game plan and go from there.” Also in the group at 67 was Albane Valenzuela of Switzerland, already celebrating a big year with her debut in the Solheim Cup and her first appearance in the Tour Championship. She made a late run at her first LPGA title last week at Pelican Golf Club, and kept up her form. And she can see the finish line, which is appealing. “I everyone is looking at that $4 million price tag,” Valenzuela said. “I try not to look too much at the result. I feel like in the past I’ve always been stuck on results, and ultimately all I can do is control my own round, my own energy, my own commitment. “It's the last week of the year. It’s kind of the bonus week. No matter what, everyone is having a paycheck.” AP golf: https://apnews.com/hub/golfTravis Hunter and Ashton Jeanty give this year's Heisman Trophy ceremony a different vibe
Kagro in the Morning podcast (AUDIO): Monday, December 23, 2024Carrefour's cold shoulder for South American beef sparks a backlash from Brazil