AP News Summary at 6:36 a.m. EST
NEW YORK (AP) — U.S. stock indexes are drifting lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. The S&P 500 dipped by 0.2% in late trading, a day after pulling back from its latest all-time high . The index is on track for its first back-to-back losses in more than three weeks, as momentum slows following a big rally that has it on track for one of its best years of the millennium . The Dow Jones Industrial Average was down by 7 points, or less than 0.1%, with roughly an hour remaining in trading, and the Nasdaq composite fell 0.3%. Tech titan Oracle dragged on the market and sank 7.8% after reporting growth for the latest quarter that fell just short of analysts’ expectations. It was one of the heaviest weights on the S&P 500, even though CEO Safra Catz said the company saw record demand related to artificial-intelligence technology for its cloud infrastructure business, which trains generative AI models. AI has been a big source of growth that’s helped many companies’ stock prices skyrocket. Oracle’s stock had already leaped nearly 81% for the year coming into Tuesday, which raised the bar of expectations for its profit report. C3.ai fell 2.1% despite reporting a smaller loss for the latest quarter than analysts expected. The AI software company increased its forecast for how big a loss it expects to take this fiscal year from its operations. In the bond market, Treasury yields ticked higher ahead of Wednesday’s report on the inflation that U.S. consumers are feeling. Economists expect it to show roughly similar increases as the month before. That and a report on Thursday about inflation at the wholesale level will be the final big pieces of data the Federal Reserve will get before its meeting next week, where many investors expect the year’s third cut to interest rates . The Fed has been easing its main interest rate from a two-decade high since September to lift the slowing jobs market, after bringing inflation nearly down to its 2% target. Lower rates would help give support to the economy, but they could also provide more fuel for inflation. The yield on the 10-year Treasury rose to 4.22% from 4.20% late Monday. Even though the Fed has been cutting its main interest rate, mortgage rates have been more stubborn and have been volatile since the autumn. That has hampered the housing industry, and homebuilder Toll Brothers’ stock fell 5.2% even though it beat analysts’ expectations for profit and revenue in the latest quarter. CEO Douglas Yearley Jr. said the luxury builder has been seeing strong demand since the start of its fiscal year six weeks ago, an encouraging signal as it approaches the beginning of the spring selling season in mid-January Elsewhere on Wall Street, Alaska Air Group soared 13.6% after raising its forecast for profit in the current quarter. The airline said demand for flying around the holidays has been stronger than expected. It also approved a plan to buy back up to $1 billion of its stock, along with new service from Seattle to Tokyo and Seoul . Boeing climbed 5.2% after saying it's resuming production of its bestselling plane , the 737 Max, for the first time since 33,000 workers began a seven-week strike that ended in early November. Vail Resorts rose 2.7% after the ski resort operator reported a narrower first-quarter loss than expected in what is traditionally its worst quarter. In stock markets abroad, indexes were mixed in China after the world’s second-largest economy said its exports rose by less than expected in November. Stocks rose 0.6% in Shanghai but fell 0.5% in Hong Kong. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.
Israel said Tuesday it had bombed more than 350 military sites in Syria during the previous 48 hours, targeting “most of the strategic weapons stockpiles” in the country. Israeli Prime Minister Benjamin Netanyahu said the wave of airstrikes in neighboring Syria was necessary to keep the weapons from being used against Israel following the Syrian government’s stunning collapse . Israel also acknowledged its troops were pushing into a border buffer zone inside Syria, which was established after the 1973 Mideast war. However, Israel denied its forces were advancing Tuesday toward the Syrian capital of Damascus. Life in the capital was slowly returning to normal after jihadi-led Syrian insurgents ousted President Bashar Assad over the weekend. People celebrated for a third day in a main square, and shops and banks reopened. The United States said Tuesday it would recognize and support a new Syrian government that renounces terrorism, destroys chemical weapons stocks and protects the rights of minorities and women. Syria's nearly 14-year civil war killed nearly half a million people and displaced half of the country’s prewar population of 23 million, becoming a proxy battlefield for regional and international powers. Here's the Latest: SAYDNAYA, Syria — Tens of thousands came to Saydnaya Prison from all over Syria after the fall of former President Bashar Assad to search for their loved ones. The place so notorious for its horrors was long known as “the slaughterhouse.” For the past two days, all have been looking for signs of loved ones who disappeared years or even decades ago into the secretive, sprawling prison just outside Damascus. But hope gave way to despair Monday. People opened the heavy iron doors lining the hallways to find cells inside empty. With sledgehammers, shovels and drills, men pounded holes in floors and walls, looking for what they believed were secret dungeons, or chasing sounds they thought they heard from underground. They found nothing. Insurgents freed dozens of people from the Saydnaya military prison on Sunday when Damascus fell. Since then, almost no one has been found. “Where is everyone? Where are everyone’s children? Where are they?” said Ghada Assad, breaking down in tears. An estimated 150,000 people were detained or went missing in Syria since 2011 — and tens of thousands of them are believed to have gone through Saydnaya. WASHINGTON — The top U.S. military commander for the Middle East was on the ground in Syria on Tuesday, meeting with a Kurish-led, U.S.-allied force at several bases in the country's east, U.S. Central Command said. Army Gen. Erik Kurilla visited with U.S. military commanders and troops as well as the Kurdish-led Syrian Democratic Forces. It wasn’t clear if he met with SDF leader Mazloum Abdi, and U.S. Central Command did not respond to a request for details about his visit or with whom he met. U.S. officials said they did not know what his message to the SDF was. The U.S has about 900 troops in Syria, including forces working with Kurdish allies in the northeast to prevent any resurgence of the Islamic State group. In a press release, Central Command said Kurilla received an “assessment of force protection measures, the rapidly evolving situation, and ongoing efforts to prevent ISIS from exploiting the current situation.” Kurilla then went on to Iraq where he met with leaders in Baghdad. UNITED NATIONS – The United Nations says it still getting reports about the looting of warehouses with humanitarian aid in a number of areas in Syria, including around the capital Damascus. U.N. spokesman Stephane Dujarric told reporters Tuesday that U.N. agencies and their partners are working to identify the extent of looting at the warehouses, including those of U.N. agencies and the Syrian Arab Red Crescent. Dujarric said U.N. aid officials report that “the humanitarian situation remains volatile across Syria, with reports of people continuing to be displaced.” Humanitarian officials reported that 25 trucks carrying U.N. aid crossed from Turkey to northwest Syria, which the situation is now relatively calm, the U.N. spokesman said. All 11 receptions opened in Idlib in the northwest to host newly displaced families were empty as of Monday, Dujarric said. In the northeast, he said, authorities report that as of Tuesday 100,000 people have been displaced due to fighting in Tal Rifaat and other parts of Aleppo governorate. Dujarric said the U.N.’s partners report that “reception centers in Tabqa and Raqqa have reached full capacity, and more than 200 sites – including municipal buildings, schools, mosques, and stadiums – are being used to accommodate newly displaced people.” BEIRUT — The Lebanese army said Tuesday that “unidentified gunmen” crossed the border from Syria into eastern Lebanon's Bekaa province and approached a Lebanese border post. In a statement, the army said the gunmen fired into the air and seized equipment from an evacuated Syrian army post in the outskirts of Kfar Fouq, near Rashaya al-Wadi, in the western part of Bekaa province. Lebanese army personnel responded with warning shots, forcing the group to retreat back into Syrian territory. The Lebanese army did not report any injuries or provide further details about the identity of the gunmen. WASHINGTON — Yemen’s Houthi rebels launched multiple drones and a missile at three commercial ships being escorted in the Gulf of Aden by U.S. Navy ships, a U.S. official said Tuesday. There was no damage and no injuries. The official, who spoke on condition of anonymity to discuss military operations, said U.S. Navy destroyers, and Navy helicopter and a French Air Force aircraft shot down four of the drones and the missile. The three U.S. affiliated flagged ships were sailing east toward Djibouti. The Iran-backed Houthis have targeted shipping through the key waterway for more than a year, attacks they say are meant to force an end to Israel’s war against Hamas in Gaza. JERUSALEM — Israel’s military said it bombed more than 350 sites in Syria during the previous 48 hours, targeting “most of the strategic weapons stockpiles” in the country. There is concern that, with the sudden collapse of the Syrian government, weapons stockpiles could be seized by jihadi militants. Warplanes hit what Israel said were Syrian air defense systems, military airfields, missile depots, and dozens of weapons production sites in the cities of Damascus, Homs, Tartus, Latakia, and Palmyra, the Israeli army statement said. In naval operations overnight Monday, Israeli missile ships struck two Syrian navy facilities simultaneously — Al-Bayda port and Latakia port — where the army said 15 Syrian naval vessels were docked. Israeli did not specify how many Syrian naval vessels were hit. The private security firm Ambrey said it had seen evidence that at least six Soviet-era Syrian navy missile ships were hit. Israeli officials said earlier that Israel also targeted alleged chemical weapons sites. JERUSALEM — Israeli Prime Minister Benjamin Netanyahu confirmed Tuesday that his country’s military launched a wave of airstrikes across Syria to destroy the toppled government’s leftover “military capabilities,” and said Israel wants relations with the new government emerging Syria. Hours after Israeli warplanes pounded Syria, Netanyahu said Israeli doesn’t want to meddle in Syria’s internal affairs, but would take necessary steps to protect Israel's security and prevent jihadi militants from seizing the Syrian army assets. He warned that if the new Syrian government “allows Iran to re-establish itself in Syria or allows the transfer of Iranian weapons or any other weapons to Hezbollah, or attacks us -- we will respond forcefully and we will exact a heavy price from it.” He spoke in a video statement recorded at the Kirya military headquarters in Tel Aviv, after his first day of testimony in his corruption trial. DAMASCUS, Syria — In Umayyad Square in Damascus, Syrians celebrated the fall of President Bashar Assad for the third day on Tuesday despite Israeli airstrikes across the country. Insurgents who recently took control of the capital city tried to impose a new rule banning the celebratory gunfire. There were a few violators, and much less deafening gunfire. Protesters climbed the square's central monument to wave the Syrian revolutionary flag. On the ground, crowds chanted: “Out with Bashar! Out with Bashar!” Assad fled to Russia over the weekend after a lightning rebel offensive toppled his brutal police state. Demonstrators from different provinces marched in the square in groups, celebrating Assad's fall. Men on motorcycles and horses paraded into the square. One woman from Idlib province shouted that the Israeli strikes ruined the joy of ousting Assad. “Why are you striking us? We just deposed a tyrant,” she said. “Give us peace. Leave us alone,” said Ahmed Jreida, 22, a dentist student, when asked about the Israeli airstrikes. Hamzeh Hamada, 22, said this was the first time he had gone out to a demonstration. “We want the country to get better, to live in dignity and be like other countries that respect citizens’ rights and where there are no bribes,” he said. “We have suffered a lot from bribes. ... We had to bribe people for very minor things; things that should be our right.” Abdul-Jalil Diab was taking a stroll with his brothers in another square in western Damascus. He said he came back from Jordan the day Damascus fell. He was there studying German to prepare to move to Germany and said he is now reconsidering his plans. He was ecstatic, saying words can’t describe how he feels. “We are happy to get rid of the corrupt regime that was based on bribes. The whole country feels better. Everyone is happy and celebrating,” Abdul-Jalil Diab said. QAMISHLI, Syria — Residents of northeast Syria in the area around Qamishli airport said Tuesday they heard explosions overnight after an airstrike hit trucks loaded with rockets and ammunition that were heading to a military base in Tartab. “We don’t know the story. It was only in the morning when we realized they are trucks loaded with ammunition, leftovers of the former army, the regime,” said Ibrahim al-Thalaj, who lives near the base. He said residents assumed that the strikes were Israeli. Israel has carried out a heavy wave of airstrikes across Syria targeting military infrastructure after Syrian insurgents toppled the government of Bashar Assad. However, Turkish security officials said Tuesday that the strike in Qamishli was carried out by Turkey, targeting weapons and ammunition that were abandoned by the Syrian army and seized by Syrian Kurdish militants. The explosions lasted for over 20 minutes after the strike, and many houses in the surrounding area were damaged as a result, residents of the area said. “We just felt a strike hitting. It hit the first one (truck) and we saw the other trucks retreating back, and from there rockets and shells started flying over,” said Hamid al-Asaad, an eyewitness from Qub al-Zeki village in Qamishli. “We were sitting when these explosions started to hit the house,” said Mahmoud Hamza of Tartab. “It was hitting randomly and we didn’t know where it was coming from. ... Once we got out of our house, a rocket hit the house.” There were no details released by the local Kurdish administration regarding the explosions, but members of the Kurdish-led Syrian Democratic Forces blocked the road to the base. BRUSSELS — The European Union’s top diplomat is concerned that Syria might violently fall apart like neighboring Iraq, or Libya and Afghanistan if its territorial integrity and the rights of minorities are not protected. “The transition will present huge challenges in Syria and in the region,” EU foreign policy chief Kaja Kallas told European lawmakers on Tuesday during a special hearing. “There are legitimate concerns about the risks of sectarian violence, extremist resurgence and the governance vacuum, all of which must be averted. We must avoid a repeat of the horrific scenarios of Iraq, Libya and Afghanistan,” she said. “The rights of all Syrians, including those of many minority groups, must be protected,” she said. “It is crucial to preserve the territorial integrity of Syria, and to respect its independence, its sovereignty, as well as the state institutions.” Kallas also said the collapse of the government has shown that Assad’s backers in Russia and Iran “could neither afford to do it any longer, nor had any interest of being present in the aftermath.” “They are weakened, distracted and overstretched in other theaters in the broader Middle East, but also in Ukraine,” she said. ANKARA, Turkey — Turkey’s intelligence agency, MIT, has attacked a convoy of trucks that was allegedly carrying missiles, heavy weapons and ammunition that were abandoned by the Syrian government and reportedly seized by Syrian Kurdish militias, Turkish security officials said Tuesday. The officials said 12 trucks, two tanks and two ammunition depots were “destroyed” in aerial strikes in the city of Qamishli, near the border with Turkey in northeast Syria. The officials provided the information on condition of anonymity in line with Turkish regulations. They did not say when the attack occurred. The officials said the intelligence agency detected that weapons left by the Syrian government forces were being moved to warehouses belonging to the Syrian Kurdish People’s Defense Units, or YPG. Turkey views the group as a terrorist organization because of its links to the banned Kurdish militants that have led a decadeslong insurgency in Turkey. According to the officials, he group was allegedly planning to use the equipment and supplies against Turkish security forces. By Suzan Fraser WASHINGTON — The White House is signaling its approval of Israel’s strikes against Syrian military and alleged chemical weapons targets and the seizure of a buffer zone in the Syrian Golan Heights after the fall of the Assad government. “These are exigent operations to eliminate what they believe are imminent threats to their national security,” White House national security spokesman John Kirby said Tuesday, saying the U.S. would leave it up to the Israelis to discuss details of their operations. “They have as always the right to defend themselves,” Kirby said. He declined to detail and U.S. intelligence cooperation with the Israelis that went into the strikes. Kirby said the White House was reasserting its support of the 1974 Golan Heights disengagement agreement, but didn’t criticize the Israeli seizure of the demilitarized zone. Israel has a long history of seizing territory during wars with its neighbors and occupying it indefinitely , citing security concerns. Israel captured the Golan Heights from Syria in the 1967 Mideast war and annexed it in a move not recognized internationally, except by the United States. WASHINGTON — The Biden administration says it will recognize and support a new Syrian government that renounces terrorism, destroys chemical weapons stocks and protects the rights of minorities and women. Secretary of State Antony Blinken said in a statement Tuesday that the U.S. would work with groups in Syria and regional partners to ensure that the transition from President Bashar Assad’s deposed government runs smoothly. He was not specific about which groups the U.S. would work with. Blinken says Syrians should decide their future and that other countries should “support an inclusive and transparent process” and not interfere. “The United States will recognize and fully support a future Syria government that results from this process,” he said. “We stand prepared to lend all appropriate support to all of Syria’s diverse communities and constituencies.” DAMASCUS, Syria — Jihad Mustafa Shibani was taking his new motorcycle for a spin with a friend around the house of the deposed Syrian president in western Damascus on Tuesday. Shibani was released from prison a week before the capital Damascus fell, after he served two years on charges of buying his motorcycle using foreign currency on accusations he was dealing in dollars. He was tortured for 15 days and and given a quick trial where he was sentenced for two years, he said. He was released the day Aleppo fell to the insurgents. “Everything was banned in Syria. The (Assad loyalists) only could use it,” Shibani said. He said he has never been to this neighborhood, because it was taken over by Assad, his family and supporters. “For 50 years, my family’s house is near here, and we don’t know anything about it. ... The Syrian people had been oppressed, you can’t imagine.” Shibani said he has no fear of the rebel newcomers who have taken control of the country. “We are not afraid. There can be no one more unjust than Bashar. Impossible.” BEIRUT — Lebanon’s prime minister is in contact with security and judicial officials to follow up on reports that senior members of President Bashar Assad’s government have fled to Lebanon. Najib Mikati’s office quoted him as saying that Lebanon abides by international laws regarding people who cross its borders. Rami Abdurrahman of the Britain-based Syrian Observatory for Human Rights, an opposition war monitor, said that several top security officials have entered Lebanon over the past two days. Abdurrahman added that Syria’s former intelligence chief Ali Mamlouk, who is wanted in Lebanon over two bombings in 2012 in the northern city of Tripoli that killed dozens, was allegedly brought to Lebanon by the Hezbollah militant group and was staying in a southern suburb of Beirut where the group has deep support. Lebanon’s Interior Minister Bassam Mawlawi, whose ministry is in charge of border crossings, told reporters Tuesday that no person who is wanted in Lebanon entered the country through legal border crossings. There are dozens of illegal border crossings between Lebanon and Syria where people are usually smuggled in and out of Lebanon, but it was not possible to independently confirm whether Mamlouk had entered Lebanon. GENEVA — The United Nations says humanitarian operations in two major areas in northwestern Syria have resumed, deploying food, medical supplies, fuel and other needed services and supplies. Spokesman Jens Laerke of the U.N. Office for the Coordination of Humanitarian Affairs reported that some health facilities were “overwhelmed” – in part due to staff shortages – and many border crossings have been closed, disrupting supply chains. OCHA said humanitarian operations in some parts of northwestern Syria were put on hold in the early days of the recent escalation, and resumed on Monday. “As of yesterday, all humanitarian organizations in Idlib and northern Aleppo have resumed operations,” Laerke told reporters at a U.N. briefing in Geneva. He said the three border crossings from Turkey used by the U.N. to deliver assistance into Syria remain open and “we are providing assistance in the northwest, including to those who have been newly displaced.” Even before the latest escalation, which led President Bashar Assad to flee the country, nearly 17 million people in Syria needed humanitarian assistance. More than 1 million have been displaced across Idlib, Aleppo, Hama and Homs since the escalation. JERUSALEM — Israel's Defense Minister Israel Katz said Tuesday that Israel's military destroyed Syria’s fleet overnight and intends to establish a demilitarized zone “in southern Syria” to prevent attacks on Israel. He also issued a warning to Syria’s rebels, saying that “whoever follows Assad’s path will end up like Assad — we will not allow an extremist Islamic terrorist entity to act against Israel across its border while putting its citizens at risk.” Speaking at a naval base in Haifa, Katz said the Israeli navy “operated last night to destroy the Syrian fleet and with great success.” Video showing the smoking wreckage of what appeared to be small Syrian naval ships in the port at Latakia was broadcast by Saudi-owned television station Al-Hadath on Tuesday. The Britain-based Syrian Observatory for Human Rights, which has closely tracked the conflict since the civil war erupted in 2011, said Israel targeted Syrian warships, military warehouses and an air-defense facility on the coast. Katz added that he had instructed the army to establish a “defense zone free of weapons and terrorist threats in southern Syria, without a permanent Israeli presence, in order to prevent terrorism in Syria from taking root and organizing.” It was unclear if the demilitarized zone would reach beyond the buffer zone that Israel has taken over in the border area. Israel has a long history of seizing territory during wars with its neighbors and occupying it indefinitely , citing security concerns. Israel captured the Golan Heights from Syria in the 1967 Mideast war and annexed it in a move not recognized internationally, except by the United States. DAMASCUS, Syria — Members of the Syrian government under ousted President Bashar Assad will gradually transfer power to a new transitional cabinet headed by Mohammed al-Bashir. The departing government met with al-Bashir for the first time since Assad fled Damascus over the weekend. Al-Bashir had previously led the “salvation government” running the rebel stronghold in northwest Syria. Al-Bashir told reporters after the meeting that the ministers discussed transferring the portfolios to the interim government during the transitional period until the beginning of March. He said that in the coming days the new government will decide on each ministry. DAMASCUS, Syria — Banks and shops are reopening in Damascus after the chaos and confusion of the first two days following the ouster of President Bashar Assad. Sadi Ahmad, manager of Syria Gulf Bank, said life is returning to normal. A customer who came to withdraw money from an ATM was surprised to see it functioning. At the historic Hamadiyeh market, fighters who seized power were still standing guard but shops had reopened — even an ice cream stand. Resident Maysoun Al-Qurabi said she was initially “against what happened,” referring to the insurgency, but changed her mind after seeing footage of rebels releasing inmates from the notorious Saydnaya prison. “People are at ease and secure now,” she said. “Before, people were hungry and scared.” DAMASCUS, Syria — Minority Christians in Syria have been living in a state of uneasy anticipation since insurgents headed by the Islamic militant group Hayat Tahrir Al-Sham took control after ousting President Bashar Assad. Mazen Kalash, a resident of Bab Touma, a Christian neighborhood in Damascus, said he wants to know the plans of the new government that will be formed by the rebels. “The important thing is to feel safe, bring order, law and respect to the citizens,” he said. “We need to be able to work whatever we want and do whatever we want without any interference from anyone.” The insurgents have so far attempted to reassure minorities that they will be protected. Large numbers of Syrian Christians, who made up 10% of the population, fled after the civil war erupted in 2011. Many of those who stayed supported Assad out of fear they might be targeted by Islamist insurgents. TEL AVIV, Israel — Israeli Prime Minister Benjamin Netanyahu lashed out at media during testimony at his corruption trial, which involves media moguls. “There has never been such a biased media in any democracy ... as there is in Israel,” Netanyahu told the court, describing his testy relationship with the press. He is accused of exchanging regulatory favors with media bosses for more positive coverage of himself and his family. He has denied wrongdoing. GENEVA — The U.N. envoy for Syria says armed groups that drove out President Bashar Assad have “been sending good messages” about national unity and inclusiveness but acknowledges that a Security Council resolution still counts the leading one as a terrorist group. With Syria’s future and stability still very much in flux since Assad’s departure over the weekend, Geir Pedersen suggested that the international community needs to help the country get through this turbulent moment. “We are still in what I would call a very fluid period. Things are not settled,” Pedersen told reporters at U.N. offices in Geneva on Tuesday. “There is a real opportunity for change, but this opportunity needs to be grasped by the Syrians themselves and supported by the U.N. and the international community.” Referring to Israeli military strikes in Syria, Pedersen said it was “extremely important that we now don’t see any action from any international country that destroys the possibility for this transformation in Syria to take place.” The insurgents are led by Hayat Tahrir al-Sham, or HTS, which grew out of an al-Qaida-affiliate called the Nusra Front that the Security Council listed as a terror group in a 2015 resolution. “This is obviously a complicating factor for all of us,” Pedersen said. “But we also have to be honest, we have to look at the facts and to see what has happened during the last nine years.” “The reality so far is that the HTS and also the other armed groups have been sending good messages to the Syrian people,” he said. “They have been sending messages of unity, of inclusiveness, and frankly speaking, also, we have seen in (the captured cities of) Aleppo and in Hama ... reassuring things on the ground." Ahmad al-Sharaa, previously known by his nom de guerre Abu Mohammed al-Golani, the leader of the insurgency and the founder of both groups Nusra and HTS, cut ties with al-Qaida in 2016 and says he is committed to pluralism and religious tolerance. ANKARA, Turkey — Turkey has “strongly” condemned Israel’s advance into Syrian territory, saying it was in violation of a 1974 agreement on a buffer zone inside Syria. “We strongly condemn Israel’s violation of the 1974 Separation of Forces Agreement, its entry into the separation zone between Israel and Syria, and its advance into Syrian territory,” Turkey’s Foreign Ministry said in a statement. The ministry accused Israel of “displaying a mentality of an occupier” at a time when the possibility of peace and stability had emerged in Syria. The statement also reiterated Turkey’s support to Syria’s “sovereignty, political unity, and territorial integrity.” Israeli troops on Sunday entered the buffer zone that had been established after the 1973 Mideast war and the military said it would deploy in “several other places necessary for (Israel’s’) defense.” TEL AVIV, Israel — Prime Minister Benjamin Netanyahu says he works 17 to 18 hours a day and that he is engulfed in meetings, especially during the past year that Israel has been fighting wars. Netanyahu was testifying in his long-running corruption trial. He has denied charges of fraud, breach of trust and accepting bribes in three separate cases. “If only I could steal away five minutes to enjoy some time with my wife,” he told the court Tuesday. TEL AVIV, Israel — An Israeli military official says troops plan to seize a buffer zone inside Syria as well as “a few more points that have strategic meaning.” The official spoke Tuesday on condition of anonymity in line with regulations. The official dismissed reports of a larger Israeli invasion as “rumors.” Prime Minister Benjamin Netanyahu said Sunday that Israeli forces were moving to control a roughly 400-square-kilometer (155-square-mile) demilitarized buffer zone in Syrian territory. The buffer zone between Syria and the Israeli-controlled Golan Heights was created by the U.N. after the 1973 Mideast war. Following the overthrow of President Bashar Assad, Israel sent troops into the buffer zone. It said the move was temporary and was aimed at preventing attacks. It said the 1974 agreement establishing the zone had collapsed and that Syrian troops had withdrawn from their positions. Israel has also carried out airstrikes across Syria in recent days targeting what it says are suspected chemical weapons and long-range rockets. Egypt and Saudi Arabia have condemned Israel’s incursion, accusing it of exploiting the disarray in Syria and violating international law. Israel captured the Golan Heights from Syria in the 1967 Mideast war and annexed it in a move not recognized by the international community, except for the United States. The rest of the world views the strategic plateau as occupied Syrian territory. — By Joseph Krauss DAMASCUS, Syria — Israel’s air force has carried out hundreds of airstrikes in different parts of Syria as its ground forces move north of the Golan Heights along the border with Lebanon, according to an opposition war monitor. The Britain-based Syrian Observatory for Human Rights said Tuesday that since the fall of President Bashar Assad’s government, Israel’s air force has carried out more than 300 airstrikes against research centers, arms depots and military infrastructure across Syria, as well as a naval base along the Mediterranean coast. Associated Press journalists in Damascus witnessed intense airstrikes on the city and its suburbs overnight into Tuesday morning. Photographs posted online by activists showed destroyed missile launchers, helicopters and warplanes. Meanwhile, Israeli troops marched along the border with Lebanon and now control a long stretch on the Syrian side facing Lebanon’s Rashaya region, according to the war monitor's head, Rami Abdurrahman, and the Beirut-based Al-Mayadeen TV, which has reporters in Syria. Israeli troops are now about 25 kilometers (15 miles) southwest of Damascus, according to the monitor. DUBAI, United Arab Emirates — Saudi Arabia has condemned Israel’s incursion into a buffer zone in Syria and a wave of Israeli airstrikes launched after the overthrow of President Bashar Assad. The Saudi Foreign Ministry said in a statement Tuesday that “the assaults carried out by the Israeli occupation government, including the seizure of the buffer zone in the Golan Heights, and the targeting of Syrian territory confirm Israel’s continued violation of the principles of international law and its determination to sabotage Syria’s chances of restoring its security, stability and territorial integrity.” Israel sent troops into a buffer zone inside Syria that had been established after the 1973 Mideast war. It said the move was temporary and was taken to prevent any cross-border attacks after Syrian troops withdrew. Israel has also carried out heavy airstrikes that it says are aimed at preventing suspected chemical weapons and long-range rockets from falling into the hands of extremists. Saudi Arabia has been in talks with the United States in recent years over normalizing relations with Israel in exchange for a U.S. defense pact, American assistance in establishing a civilian nuclear program and a pathway to the establishment of a Palestinian state. But the kingdom has also repeatedly condemned Israel’s actions in the Gaza Strip, where it is at war with the Hamas militant group. Last month, Saudi Arabia’s crown prince and day-to-day ruler Mohammed bin Salman accused Israel of committing genocide in Gaza , allegations Israel adamantly rejects.
Aston Villa march on in Champions League after beating RB LeipzigDENVER — So you're the most valuable player of that annual Thanksgiving Day backyard flag football game. Or played tackle football on any level. Or ran track. Or dabbled in basketball. Or toyed with any sport, really. Well, this may be just for you: USA Football is holding talent identification camps all over the country to find that next flag football star. It's "America's Got Talent" meets "American Idol," with the stage being the field and the grand prize a chance to compete for a spot on a national team. Because it's never too early to start planning for the 2028 Olympics in Los Angeles, where flag football will make its Summer Games debut. Know this, though — it's not an easy team to make. The men's and women's national team rosters are at "Dream Team" status given the men's side has captured six of the last seven world championships and the women three in a row. To remain on top, the sport's national governing body is scouring every football field, park, track, basketball court and gym to find hidden talent to cultivate. People are also reading... USA Football has organized camps and tryouts from coast to coast for anyone ages 11 to 23. There are more than a dozen sites set up so far, ranging from Dallas (Sunday) to Chicago (Dec. 14) to Tampa (March 29) to Los Angeles (TBD) and the Boston area (April 27), where it will be held at Gillette Stadium, home of the New England Patriots. The organization has already partnered with the NFL on flag football initiatives and programs. The numbers have been through the roof, with engagement on social media platforms increasing by 86% since flag football was announced as an Olympic invitational sport in October 2023. The participation of boys and girls ages 6 to 17 in flag football last year peaked at more than 1.6 million, according to USA Football research. "We pride ourselves on elevating the gold standard across the sport," said Eric Mayes, the managing director of the high performance and national teams for USA Football. "We want to be the best in the world — and stay the best in the world." Flag football was one of five new sports added to the LA28 program. The already soaring profile of American football only figures to be enhanced by an Olympic appearance. Imagine, say, a few familiar faces take the field, too. Perhaps even NFL stars such as Tyreek Hill or Patrick Mahomes, maybe even past pro football greats donning a flag belt for a country to which they may have ties. Soon after flag football's inclusion, there was chatter of NFL players possibly joining in on the fun. Of course, there are logistical issues to tackle before their inclusion at the LA Olympics, which open July 14, 2028. Among them, training camp, because the Olympics will be right in the middle of it. The big question is this: Will owners permit high-priced players to duck out for a gold-medal pursuit? No decisions have yet been made on the status of NFL players for the Olympics. For now, it's simply about growing the game. There are currently 13 states that sanction girls flag football as a high school varsity sport. Just recently, the Pittsburgh Steelers and Philadelphia Eagles helped pave the way to get it adopted in Pennsylvania. Around the world, it's catching on, too. The women's team from Japan took third at the recent word championships, while one of the best players on the planet is Mexico quarterback Diana Flores. "Could flag football globally become the new soccer? That's something to aspire to," said Stephanie Kwok, the NFL's vice president of flag football. This type of flag football though, isn't your Thanksgiving Day game with family and friends. There's a learning curve. And given the small roster sizes, versatility is essential. Most national team members need to be a version of Colorado's two-way standout and Heisman hopeful Travis Hunter. Forget bump-and-run coverage, too, because there's no contact. None. That took some adjusting for Mike Daniels, a defensive back out of West Virginia who earned a rookie minicamp invitation with the Cleveland Browns in 2017. "If a receiver is running around, I'm thinking, 'OK, I can kind of bump him here and there and nudge him,'" Daniels explained. "They're like, 'No, you can't.' I'm just like, 'So I'm supposed to let this guy just run?!' I really rebelled at the idea at first. But you learn." The competition for an Olympic roster spot is going to be fierce because only 10 players are expected to make a squad. The best 10 will earn it, too, as credentials such as college All-American or NFL All-Pro take a backseat. "I would actually love" seeing NFL players try out, said Daniels, who's also a personal trainer in Miami. "I'm not going to let you just waltz in here, thinking, 'I played NFL football for five years. I'm popular. I have a huge name.' I'm still better than you and I'm going to prove it — until you prove otherwise." Around the house, Bruce Mapp constantly swivels his hips when turning a hallway corner or if his daughter tries to reach for a hug. It's his way of working on avoiding a "defender" trying to snare the flag. That approach has earned the receiver out of Coastal Carolina four gold medals with USA Football. The 31-year-old fully plans on going for more gold in Los Angeles. "You grow up watching Usain Bolt (win gold) and the 'Redeem Team' led by Kobe Bryant win a gold medal, you're always thinking, 'That's insane.' Obviously, you couldn't do it in your sport, because I played football," said Mapp, who owns a food truck in the Dallas area. "With the Olympics approaching, that (gold medal) is what my mind is set on." It's a common thought, which is why everything — including talent camps — starts now. "Everybody thinks, 'Yeah, the U.S. just wins,'" Daniels said. "But we work hard all the time. We don't just walk in. We don't just get off the bus thinking, 'We're going to beat people.'" Be the first to know
NEW YORK (AP) — appears on a timetable to decide on where to sign either before or during baseball's winter meetings in Dallas, which run from Dec. 8-12. with the New York Yankees, New York Mets, Los Angeles Dodgers, Boston Red Sox and Toronto Blue Jays, a person familiar with the negotiations said last week, speaking to The Associated Press on condition of anonymity because details were not announced. Soto's agent, Scott Boras, asked teams to submit initial offers by Thanksgiving, a second person familiar with the talks said, also on condition of anonymity because it was not announced. Soto is the top player available among . A four-time All-Star, Soto finished third in AL MVP voting after hitting .288 with 41 homers, 109 RBIs and 129 walks. He has a .285 career average with 201 homers, 592 RBIs and 769 walks over seven major league seasons. Soto turned down a $440 million, 15-year offer from Washington in 2022, prompting the Nationals to trade him to San Diego, which then dealt him to the Yankees last December. Soto then combined with Aaron Judge to lead New York to the World Series, . In his pitch to teams, Boras highlighted that Soto joined Mickey Mantle as the only players with seven RBIs in a World Series at age 21 or younger when he was with Washington, and at 20 became the youngest player with five postseason homers. Soto's .906 postseason OPS through age 25 topped Mantle (.900) and Derek Jeter (.852). Soto is likely to seek a record contract, topping Shohei Ohtani's with the Los Angeles Dodgers last December. That might not mean Soto gets more than $700 million, though. Because Ohtani's deal included $680 million in deferred money payable through 2043, it can be valued by different methods. For instance, Ohtani's contract is valued at $46.1 million per season ($461 million total) under MLB's luxury tax system, which used a 4.43% discount rate. The players' association uses a 5% rate, which puts Ohtani's contract at $43.8 million per year. For MLB's regular payroll calculations, a 10% discount rates values Ohtani's deal at just $28.2 million. Which means if Soto gets even $462 million without deferred payments, there's an argument that his deal is the most valuable in MLB history. By average annual value, pitchers and are tied for second in baseball history at $43.33 million as part of contracts they signed with the New York Mets, deals that expired at the end of the 2024 season. In terms of total value, Ohtani surpassed outfielder through 2030. MLB’s longest contract is outfielder through 2034. The Mets, Yankees, Dodgers and Philadelphia Phillies all are likely to enter 2025 having paid luxury tax for three straight years, putting them at the highest rate: a 50% surcharge on payroll between $241 million and $261 million, 62% from $261 million to $281 million, 95% from $281 million to $301 million and 110% for each dollar above $301 million. Toronto may have dropped below the initial tax threshold this year, pending final figures next month. If the Blue Jays did fall under, their rates next year would reset to 20%, 32%, 62.5% and 80% for the four thresholds. If Soto reaches or announces an agreement at the winter meetings in Dallas' Hilton Anatole, it would be a familiar location for a big Boras deal. Alex Rodriguez's record $252 million, 10-year contract with the Texas Rangers was announced in December 2000 at what then was called the Wyndham Anatole Hotel. A-Rod's deal more than doubled MLB's previous high, a $121 million, eight-year contract between pitcher Mike Hampton and Colorado that was announced just two days earlier. “In two days, we’ve doubled a new highest salary,′′ said Sandy Alderson, then an executive vice president in the commissioner’s office. ”I don’t like the exponentiality of that." Rodriguez was 25 at the time of the agreement with Texas, a free agent before entering his likely prime, like Soto. Third baseman Alex Bregman, first basemen Pete Alonso and Christian Walker, and outfielders Anthony Santander and Teoscar Hernández are among the significant bats available to pursue and likely would interest some of the teams who fail to sign Soto. Bregman and Alonso, like Soto, are represented by Boras. AP MLB:
TAMPA, Fla. — Tampa Bay's surest path to the NFL playoffs is a division championship. The Buccaneers will need help to repeat in the NFC South, but only if they first and foremost give themselves a chance. That means winning their remaining games at home against Carolina and New Orleans, while the Atlanta Falcons lose at least once in the final two weeks of the regular season. The Bucs (8-7) and Falcons share the best record in the division, however Atlanta holds the tiebreaker after sweeping the season series between the teams. Tampa Bay, which has won three consecutive division titles, is the only NFC team that has made the playoffs each of the past four seasons. “We’ve got to take care of business or else we’ve got no shot,” quarterback Baker Mayfield said after a 26-24 loss at Dallas cost the Bucs control of the NFC South race. “This one, we've got to take it on the chin,” Mayfield added. “It's a short week. It's Christmas week. We've got to focus on Carolina and figure out a way to win.” Tampa Bay Buccaneers head coach Todd Bowles, center, watches play against the Dallas Cowboys in the second half of an NFL football game in Arlington, Texas, Sunday, Dec. 22, 2024. Credit: AP/Jerome Miron If Atlanta is able to maintain its lead, Tampa Bay could make the postseason as a wild card if the Bucs win out and the Commanders lose twice. Coach Todd Bowles sounds confident that his players understand the challenge ahead and will clean up mistakes that contributed to the end of their four-game win streak. “We’ve got to win a ballgame (this week). If we don’t win a ballgame, we don’t give ourselves a chance,” Bowles said Monday. “We have to focus on us like we’ve been doing,” the coach added. “We have to correct the mistakes, and we have to go out and win Sunday, and we’ve got to win the next week, and then we’ll see what happens after that.” What's working The offense, which ranks third in the NFL at 389.8 yards per game, isn't a fluke. Despite losing to the Cowboys, Tampa Bay finished with 410 yards total offense. It was the team's fifth straight game — as well as an NFL-high ninth overall — with 400-plus yards. The Bucs are seventh in rushing (143.7 yards per game) after ranking 32nd each of the past two seasons. What needs helps The defense yielded 292 yards passing against the Cowboys, 226 of it in the first half when Cowboys WR CeeDee Lamb had six catches for 100 yards and a touchdown. Bowles said shoddy tackling was the biggest issue — not poor coverage. Lamb had one reception for 5 yards after halftime. Stock up Mayfield's chemistry with rookie WR Jalen McMillan, who has 27 receptions for 336 yards and five TDs, continues to grow. McMillan had five catches for 57 yards and a touchdown — his fourth in the past three games — against Dallas. He was also the intended receiver on Mayfield's deep throw that CB Jourdan Lewis intercepted in the end zone to help the Cowboys hold off the Bucs in the closing minutes. Stock down Turnovers were costly against Dallas. The end-zone interception stopped the Bucs from cutting into a 26-17 deficit with 6:22 remaining in the fourth quarter. Rachaad White's fumble with 1:31 left ended any hope for a last-minute victory. On both plays, defenders ripped the ball out of the grasp of the offensive player. “We knew they were going to rake at the ball going into the ballgame," Bowles said. "We just have to have two hands on the ball, and we have to fight for it. We have to take better care of the football. That’s priority No. 1.” Injuries Bowles said it's too early to project the status of several starters for coming games, including S Antoine Winfield Jr. (knee), who has missed the past two games. TE Cade Otton (knee) and LB K.J. Britt (ankle) were inactive against the Cowboys, while reserve WR Sterling Shepard left during the game with a hamstring injury. Key number 80. Bucky Irving leads all NFL rookie RBs with 920 yards rushing. He needs 80 over the next two games to reach 1,000. He scored his seventh rushing touchdown against Dallas. That tied Errict Rhett and Lars Tate for the second-most rushing TDs by a rookie running back in franchise history. Doug Martin set the record of 11 in 2012. Next up Host Carolina on Sunday.
Prospera Financial Services Inc decreased its holdings in shares of Ollie’s Bargain Outlet Holdings, Inc. ( NASDAQ:OLLI – Free Report ) by 2.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,763 shares of the company’s stock after selling 133 shares during the period. Prospera Financial Services Inc’s holdings in Ollie’s Bargain Outlet were worth $463,000 as of its most recent SEC filing. Other large investors have also recently made changes to their positions in the company. International Assets Investment Management LLC purchased a new stake in shares of Ollie’s Bargain Outlet in the 2nd quarter worth approximately $25,000. Opal Wealth Advisors LLC bought a new stake in Ollie’s Bargain Outlet in the second quarter worth $31,000. Crewe Advisors LLC purchased a new stake in shares of Ollie’s Bargain Outlet in the second quarter worth $36,000. Versant Capital Management Inc bought a new position in shares of Ollie’s Bargain Outlet during the second quarter valued at $38,000. Finally, GAMMA Investing LLC raised its position in shares of Ollie’s Bargain Outlet by 686.7% in the 2nd quarter. GAMMA Investing LLC now owns 472 shares of the company’s stock worth $46,000 after purchasing an additional 412 shares during the last quarter. Ollie’s Bargain Outlet Stock Up 4.3 % Shares of NASDAQ:OLLI opened at $94.61 on Friday. The stock has a market capitalization of $5.80 billion, a PE ratio of 28.84, a price-to-earnings-growth ratio of 2.26 and a beta of 0.84. The firm’s 50 day moving average price is $94.79 and its 200-day moving average price is $92.31. Ollie’s Bargain Outlet Holdings, Inc. has a twelve month low of $68.05 and a twelve month high of $104.98. Insider Activity at Ollie’s Bargain Outlet In other news, President Der Valk Eric Van sold 7,479 shares of Ollie’s Bargain Outlet stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $100.32, for a total transaction of $750,293.28. Following the transaction, the president now directly owns 5,615 shares of the company’s stock, valued at $563,296.80. The trade was a 57.12 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink . Also, CFO Robert F. Helm sold 2,401 shares of the stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $94.68, for a total transaction of $227,326.68. Following the completion of the sale, the chief financial officer now directly owns 2,021 shares of the company’s stock, valued at $191,348.28. This represents a 54.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last three months, insiders have sold 24,880 shares of company stock worth $2,462,470. Corporate insiders own 0.87% of the company’s stock. Analysts Set New Price Targets A number of research firms have weighed in on OLLI. JPMorgan Chase & Co. reduced their price objective on shares of Ollie’s Bargain Outlet from $113.00 to $105.00 and set an “overweight” rating for the company in a research note on Friday, August 30th. Loop Capital reissued a “buy” rating and set a $110.00 price target on shares of Ollie’s Bargain Outlet in a research report on Friday, September 20th. Piper Sandler reaffirmed an “overweight” rating and issued a $107.00 price objective on shares of Ollie’s Bargain Outlet in a research report on Friday, October 4th. UBS Group lifted their target price on Ollie’s Bargain Outlet from $97.00 to $99.00 and gave the stock a “neutral” rating in a report on Friday, August 30th. Finally, StockNews.com cut Ollie’s Bargain Outlet from a “hold” rating to a “sell” rating in a research note on Tuesday, October 22nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $104.92. Check Out Our Latest Stock Report on OLLI About Ollie’s Bargain Outlet ( Free Report ) Ollie's Bargain Outlet Holdings, Inc operates as a retailer of brand name merchandise in the United States. The company offers housewares, bed and bath, food, floor coverings, health and beauty aids, books and stationery, toys, and electronics; and other products, including hardware, candy, clothing, sporting goods, pet and lawn, and garden products. Recommended Stories Receive News & Ratings for Ollie's Bargain Outlet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ollie's Bargain Outlet and related companies with MarketBeat.com's FREE daily email newsletter .DENVER — So you're the most valuable player of that annual Thanksgiving Day backyard flag football game. Or played tackle football on any level. Or ran track. Or dabbled in basketball. Or toyed with any sport, really. Well, this may be just for you: USA Football is holding talent identification camps all over the country to find that next flag football star. It's "America's Got Talent" meets "American Idol," with the stage being the field and the grand prize a chance to compete for a spot on a national team. Because it's never too early to start planning for the 2028 Olympics in Los Angeles, where flag football will make its Summer Games debut. Know this, though — it's not an easy team to make. The men's and women's national team rosters are at "Dream Team" status given the men's side has captured six of the last seven world championships and the women three in a row. To remain on top, the sport's national governing body is scouring every football field, park, track, basketball court and gym to find hidden talent to cultivate. USA Football has organized camps and tryouts from coast to coast for anyone ages 11 to 23. There are more than a dozen sites set up so far, ranging from Dallas (Sunday) to Chicago (Dec. 14) to Tampa (March 29) to Los Angeles (TBD) and the Boston area (April 27), where it will be held at Gillette Stadium, home of the New England Patriots. The organization has already partnered with the NFL on flag football initiatives and programs. The numbers have been through the roof, with engagement on social media platforms increasing by 86% since flag football was announced as an Olympic invitational sport in October 2023. The participation of boys and girls ages 6 to 17 in flag football last year peaked at more than 1.6 million, according to USA Football research. "We pride ourselves on elevating the gold standard across the sport," said Eric Mayes, the managing director of the high performance and national teams for USA Football. "We want to be the best in the world — and stay the best in the world." Flag football was one of five new sports added to the LA28 program. The already soaring profile of American football only figures to be enhanced by an Olympic appearance. Imagine, say, a few familiar faces take the field, too. Perhaps even NFL stars such as Tyreek Hill or Patrick Mahomes, maybe even past pro football greats donning a flag belt for a country to which they may have ties. Soon after flag football's inclusion, there was chatter of NFL players possibly joining in on the fun. Of course, there are logistical issues to tackle before their inclusion at the LA Olympics, which open July 14, 2028. Among them, training camp, because the Olympics will be right in the middle of it. The big question is this: Will owners permit high-priced players to duck out for a gold-medal pursuit? No decisions have yet been made on the status of NFL players for the Olympics. For now, it's simply about growing the game. There are currently 13 states that sanction girls flag football as a high school varsity sport. Just recently, the Pittsburgh Steelers and Philadelphia Eagles helped pave the way to get it adopted in Pennsylvania. Around the world, it's catching on, too. The women's team from Japan took third at the recent word championships, while one of the best players on the planet is Mexico quarterback Diana Flores. "Could flag football globally become the new soccer? That's something to aspire to," said Stephanie Kwok, the NFL's vice president of flag football. This type of flag football though, isn't your Thanksgiving Day game with family and friends. There's a learning curve. And given the small roster sizes, versatility is essential. Most national team members need to be a version of Colorado's two-way standout and Heisman hopeful Travis Hunter. Forget bump-and-run coverage, too, because there's no contact. None. That took some adjusting for Mike Daniels, a defensive back out of West Virginia who earned a rookie minicamp invitation with the Cleveland Browns in 2017. "If a receiver is running around, I'm thinking, 'OK, I can kind of bump him here and there and nudge him,'" Daniels explained. "They're like, 'No, you can't.' I'm just like, 'So I'm supposed to let this guy just run?!' I really rebelled at the idea at first. But you learn." The competition for an Olympic roster spot is going to be fierce because only 10 players are expected to make a squad. The best 10 will earn it, too, as credentials such as college All-American or NFL All-Pro take a backseat. "I would actually love" seeing NFL players try out, said Daniels, who's also a personal trainer in Miami. "I'm not going to let you just waltz in here, thinking, 'I played NFL football for five years. I'm popular. I have a huge name.' I'm still better than you and I'm going to prove it — until you prove otherwise." Around the house, Bruce Mapp constantly swivels his hips when turning a hallway corner or if his daughter tries to reach for a hug. It's his way of working on avoiding a "defender" trying to snare the flag. That approach has earned the receiver out of Coastal Carolina four gold medals with USA Football. The 31-year-old fully plans on going for more gold in Los Angeles. "You grow up watching Usain Bolt (win gold) and the 'Redeem Team' led by Kobe Bryant win a gold medal, you're always thinking, 'That's insane.' Obviously, you couldn't do it in your sport, because I played football," said Mapp, who owns a food truck in the Dallas area. "With the Olympics approaching, that (gold medal) is what my mind is set on." It's a common thought, which is why everything — including talent camps — starts now. "Everybody thinks, 'Yeah, the U.S. just wins,'" Daniels said. "But we work hard all the time. We don't just walk in. We don't just get off the bus thinking, 'We're going to beat people.'" Get local news delivered to your inbox!
NoneAn Italian renewable energy giant and Japan’s largest oil and gas company are plugging into Australia’s clean energy resources under the banner of a new company. Potentia Energy will be launched at the Sydney Opera House on Monday as an Australian renewable energy firm co-owned by Rome-headquartered Enel Green Power and INPEX. With rights in place for a development pipeline of over seven gigawatts across the country, Potentia is most focused on developing and acquiring assets in NSW, Queensland and Western Australia, chief executive Werther Esposito told AAP. The company is not deterred by the risk of political change, with opinion polls favouring the coalition ahead of the 2025 federal election. “The energy transition will go ahead in any case. There could be an acceleration or slowing down in the process,” Mr Esposito said. “Renewables represent, from a technical and economic perspective, the solution for climate change,” he said. “I don’t think any government could deny that today wind and solar are cheaper than other technologies, and are faster in reaching the phase of deployment and construction and then supply of renewable energy.” NSW had suffered some planning delays that had hit investment but there had been a “strong improvement” in the past 12 to 18 months, he said. The company also has a stake in Queensland, particularly in the north’s Copperstring area, where the recently elected LNP government has pledged to stick by a massive transmission project begun under Labor. Enel won the bidding in 2024 to develop renewable energy to power a vanadium mining and processing project, which is one of a number of giant resources projects intended to be connected to the $9 billion Copperstring transmission line from Townsville to Mt Isa. WA offered a “huge opportunity” for the deployment of wind farms and battery energy storage systems, Mr Esposito said. With a decades-long footprint in Australia’s north and west, INPEX is Japan’s largest fossil fuel exploration and production company. Under pressure to reduce its global contribution to climate change, INPEX is already developing the production of liquid hydrogen and ammonia. “They elected Australia as the market to start diversification of the energy mix and huge investment in renewables,” Mr Esposito said. “Of course in this regard, Australia is the place to be,” he said. Enel and INPEX joined forces in a share purchase agreement in 2023, with the renewables business operating plants comprising 310 megawatts of solar capacity across South Australia and Victoria and a 75MW wind farm in Western Australia. A 93MW solar farm is under commissioning in Victoria and financial close was recently announced for a hybrid 98MW solar and 20MW battery project in NSW. But with international firms lining up to exploit clean energy resources, Australians living alongside projects are demanding a share of future profits through community funds, power bill rebates and other benefits. “The energy transition should be just. To be just it means that you need to support the communities and involve the communities in a proper way,” Mr Esposito said. He said Enel was proud of its legacy in providing support to areas facing a changing landscape and the impact of new infrastructure, including community funds, a focus on local hiring and providing training to support new jobs. “It’s an approach that is, for us, absolutely a pillar of our strategy,” he said. “We are still facing some regulatory ambiguity in what a social licence means, and we are trying to be a leader in the industry in helping and supporting all the key stakeholders in determining and defining what it is.”
NoneRussian President Vladimir Putin threatened to strike the UK with a new ballistic missile after using the weapon to hit a target in Ukraine. Downing Street condemned Mr Putin for further escalating the conflict by using a ballistic missile with a range of “several thousand kilometres” against the city of Dnipro. Mr Putin suggested the missile could be used to hit Kyiv’s allies who have given Ukraine permission to use Western-supplied weapons to hit targets within Russia. The UK is believed to have allowed its Storm Shadow missiles to be used by Ukrainian forces within the Kursk region of Russia, while the US has given permission for its ATACMS weapons to be fired at targets in Mr Putin’s country. Mr Putin confirmed Russia has tested a new intermediate-range weapon, saying it came in response to Ukrainian strikes on the Russian territory with US and British missiles earlier this week. The Russian leader declared that Russia would issue advance warnings before strikes on other countries to allow civilians to evacuate to safety. “In response to the use of American and British long-range weapons on November 21 of this year, the Russian armed forces launched a combined strike on one of the facilities of the Ukrainian defence industry,” Mr Putin said in a televised address. “One of the newest Russian medium-range missile systems was tested in combat conditions, in this case, with a ballistic missile in a non-nuclear hypersonic warhead.” He added: “We consider ourselves entitled to use our weapons against military facilities of those countries that allow their weapons to be used against our facilities.” The US said the weapon was a new, experimental intermediate-range missile based on Russia’s existing RS-26 Rubezh intercontinental ballistic missile. In Westminster, the Prime Minister’s official spokesman said: “My understanding is that it is the first time that Russia has used a ballistic missile in Ukraine with a range of several thousand kilometres.” No 10 said it was “an example of escalatory behaviour from Russia”. But the Prime Minister’s spokesman added it “only serves to strengthen our resolve and to ensure that Ukraine has what it needs to act in self-defence against Russia’s reckless and illegal invasion”. Defence Secretary John Healey said: “Since the illegal invasion of Ukraine began, Russia has consistently and irresponsibly escalated the conflict while Ukraine continues to fight in self-defence for a democratic future. “Today’s ballistic missile attack is yet another example of Putin’s recklessness.” The missile’s range far outstrips that of newly authorised US and British supplied weapons. The distance from Moscow to London is around 2,500km, suggesting the range of the new missile could threaten the UK. Russia’s military claims it has shot down two British-made Storm Shadow missiles, following reports that debris from the weapons had been discovered in the country’s Kursk region, where Ukrainian forces have launched an incursion. Mr Healey earlier revealed to a committee of MPs that the UK knew Russia had been “preparing for months” to fire a new ballistic missile. Mr Healey warned Ukraine faces a “serious moment” in its defence against Mr Putin’s invasion, but refused to confirm that Kyiv had been given permission to use Storm Shadow in Russia. Downing Street and the Ministry of Defence have repeatedly declined to comment publicly on the use of Storm Shadow. “It risks both operational security and in the end the only one that benefits from such a public debate is President Putin,” the Defence Secretary told MPs. Battle lines in Ukraine are now “less stable than at any time since the early days of the full-scale Russian invasion”, Mr Healey said, citing British intelligence. Speaking at the same time, Prime Minister Sir Keir Starmer told the House of Commons the UK “will not be deterred or distracted by reckless threats” from Mr Putin, who has lowered the threshold for using his nuclear arsenal. Sir Keir also insisted that all the UK’s support for Kyiv was “in accordance with international law” and “always for self-defence”. I had a meeting with the UK delegation led by Chief of the Defence Staff @AdmTonyRadakin_ . We discussed defense cooperation between Ukraine and the United Kingdom, focusing on developing and enhancing the technological capabilities of the Armed Forces of Ukraine. Particular... pic.twitter.com/EcjqfTuR49 — Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) November 21, 2024 The head of the UK’s armed forces visited Ukraine to discuss the country’s military needs. Ukraine’s president Volodymyr Zelensky met Chief of the Defence Staff Admiral Sir Tony Radakin in Kyiv. Mr Zelensky said: “We discussed defence co-operation between Ukraine and the United Kingdom, focusing on developing and enhancing the technological capabilities of the armed forces of Ukraine. “Particular attention was given to Ukraine’s current military needs and the continued support from our partners.”Romanians are casting ballots on Sunday in the first round of a presidential election that could pit a far-right nationalist against the incumbent leftist prime minister in the runoff. Thirteen candidates are vying for the presidency in the European Union and NATO member country, and the vote is expected to go to a second round on Dec. 8. Polls opened at 7.00 a.m. local time (0500GMT) and will close at 9.00 p.m. (1900GMT). Romanians abroad have been able to vote since Friday. By 8 p.m. local time (1800GMT), 9.2 million people — about 51% of eligible voters — had cast ballots, according to the Central Election Bureau. The final vote could see George Simion, the leader of the far-right Alliance for the Unity of Romanians, or AUR, face off against incumbent Prime Minister Marcel Ciolacu, backed by Romania’s largest party, the Social Democratic Party or PSD. The presidential role carries a five-year term and has significant decision-making powers in areas such as national security, foreign policy, and judicial appointments. Romania will also hold parliamentary elections on Dec. 1 that will determine the country’s next government and prime minister. Simion, 38, is a vocal supporter of U.S. President-elect Donald Trump and has long been a controversial figure. He campaigned for reunification with Moldova, which this year renewed a five-year ban on him from entering the country over security concerns, and he is banned for the same reason from entering neighbouring Ukraine. “I would like that in the next five to ten years, for Romanians to be really proud to be Romanians, to promote Romanian culture, Romanian products,” he told reporters on Wednesday in the capital, Bucharest. “As a Romanian president, I will promote Romanian interests. In most cases, Romanian interests coincide with partner interests.” Ecaterina Nawadia, a 20-year-old architecture student, said she voted for the first time in a national election on Sunday and hopes young people turn out in high numbers. “Since the (1989) revolution, we didn’t have a really good president,” she said. “I hope most of the people my age went to vote ... because the leading candidate is not the best option.” Cristian Andrei, a political consultant based in Bucharest, says Sunday’s vote will be “a tight race” in which the diaspora will likely play a key role in which candidates make it to the runoff. “We are at a point where Romania can easily divert or slip toward a populist regime because (voter) dissatisfaction is pretty large among a lot of people from all social strata,” he told The Associated Press. “And the temptation for any regime, any leader — will be to go on a populist road.” He added that Romania’s large budget deficit, high inflation, and an economic slowdown could push more mainstream candidates to shift toward populist stances amid widespread dissatisfaction. Ciolacu told the AP that if he is elected, one of his biggest goals is “to convince Romanians that it is worth staying at home or returning” to Romania, which has a massive diaspora spread throughout EU countries. “Romania has a huge chance to become a developed economy in the next 10 years, where honest work is fairly rewarded and people have the security of a better life,” he said. “But for this, we need balance and responsibility ... I am running for the Presidency of Romania because we need a change.” Other key candidates include Elena Lasconi of the Save Romania Union party, or USR former NATO deputy general secretary Mircea Geoana, who is running independently and Nicolae Ciuca, a former army general and head of the center-right National Liberal Party, which is currently in a tense coalition with the PSD. Geoana, a former foreign minister and ambassador to the United States, told the AP that he believes his international experience qualifies him above the other candidates. “I think I bring a lot of competence and experience and connections in this complicated world,” he said. Lasconi, a former journalist and the leader of the USR said she sees corruption as one of the biggest problems Romania faces and that she supports increased defence spending and continued aid to Ukraine. Romania has been a staunch ally of war-torn Ukraine since Russia launched a full-scale invasion in February 2022. But Simion of the AUR party said he opposes Romania — which has sent a Patriot missile system to Ukraine — contributing further military aid and that he hopes Trump can “stop the war.” In 2020, the AUR party went from relative obscurity to gaining 9% in a parliamentary vote, allowing it to enter parliament. Opponents have long accused Simion and AUR of being extremists, charges he denies. “We are sort of a Trumpist party in this new wave of patriotic political parties in Europe,” Simion said.
Growing Up Amidst Wealth and Prominence, Luigi Mangione was a 'Bright Kid with a Bright Future'Pep Guardiola sure 75 per cent of Premier League clubs want Man City relegated
Lions rush for 3 scores and use stingy defense to beat Colts 24-6 for 9th straight win
Juan Soto could decide on his next team before or during baseball's winter meetingsLions rush for 3 scores and use stingy defense to beat Colts 24-6 for 9th straight win