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The ethical implications of Cao Cao's actions cannot be ignored. While the use of AI technology may provide tactical advantages in warfare, it also raises concerns about the ethical use of historical artifacts for modern purposes. Should historical weapons be repurposed and upgraded with modern technology, or should they be preserved as relics of the past?The Assad family, which has ruled Syria for 53 years, saw their regime crumble in just 12 days. The crucial factor behind this swift downfall? The loss of the people's trust and support.
MAA Announces Regular Quarterly Preferred DividendIn addition to the new maps, the update also introduces support for DLSS frame generation technology. DLSS, or Deep Learning Super Sampling, is a cutting-edge feature that leverages artificial intelligence to enhance graphics performance and image quality. With DLSS support, players can enjoy smoother gameplay, increased frame rates, and sharper visuals, immersing themselves even further in the war-torn universe of Warhammer 40,000.
Tim Cook says update your iPhone for photo trick ‘we all need’ as Apple boss shares his list of best hacks you’ve missed3. **Data Security and Protection**: Data security is a top priority for enterprises, especially in today's interconnected and data-driven environment. Enterprise SSDs are equipped with advanced encryption technologies, such as AES 256-bit hardware encryption, to protect sensitive data from unauthorized access or theft. This feature is particularly essential for businesses operating in regulated industries, such as finance, healthcare, and government, where data privacy and compliance requirements are stringent.
The conflict in eastern Ukraine, which began in 2014 following Russia's annexation of Crimea, has claimed the lives of thousands of civilians and military personnel on both sides. Despite numerous attempts at brokering peace agreements, the fighting continues to rage on, causing immense suffering and displacement for those caught in the crossfire.Furthermore, the application process for Public Rental Housing in Fengtai District is simple and transparent, making it easy for eligible individuals to secure a unit. By submitting the required documents and meeting the necessary criteria, you can quickly move into your new home and start enjoying all the benefits of living in Fengtai District.
In a statement released by NVIDIA's CEO, Jensen Huang, he emphasized the company's willingness to engage with regulatory authorities to address any concerns they may have regarding NVIDIA's business practices, technology development, or market competition. Huang underscored the importance of open communication and collaboration between the company and regulatory bodies to ensure compliance with laws and regulations in all jurisdictions where NVIDIA operates.SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Zscaler Inc. (ZS) on Monday reported a loss of $12.1 million in its fiscal first quarter. The San Jose, California-based company said it had a loss of 8 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 77 cents per share. The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share. The cloud-based information security provider posted revenue of $628 million in the period, which also topped Street forecasts. Thirteen analysts surveyed by Zacks expected $605.7 million. For the current quarter ending in January, Zscaler expects its per-share earnings to range from 68 cents to 69 cents. The company said it expects revenue in the range of $633 million to $635 million for the fiscal second quarter. Zscaler expects full-year earnings in the range of $2.94 to $2.99 per share, with revenue ranging from $2.62 billion to $2.64 billion. This story was generated by Automated Insights ( http://automatedinsights.com/ap ) using data from Zacks Investment Research. Access a Zacks stock report on ZS at https://www.zacks.com/ap/ZS
In conclusion, the current status of Manchester United's Premier League title-winning squad from the 2012/2013 season serves as a poignant reminder of the passage of time and the inevitability of change in football. As players come and go, retire and move on to new challenges, the spirit of camaraderie and achievement that defined that championship-winning team lives on in the hearts of fans everywhere. The legacy of Manchester United's success endures, transcending individual players and moments to become a timeless symbol of excellence in the world of football.NVIDIA Chart: The Future of Gaming Revolution?
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The repercussions of He Miao's misconduct are far-reaching, extending beyond his personal reputation to impact the overall governance and trust in Mianyang's financial sector. It serves as a stark reminder that no individual is above the law, and those who abuse their power will face severe consequences.NEW YORK , Nov. 22, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: AeroVironment, Inc. (NASDAQ: AVAV)'s merger with BlueHalo LLC. Per the terms of the proposed transaction, AeroVironment will issue approximately 18.5 million shares of AeroVironment common stock to BlueHalo. Upon closing of the proposed transaction, AeroVironment shareholders will own approximately 60.5% of the combined company. If you are an AeroVironment shareholder, click here to learn more about your legal rights and options . Innovid Corp. (NYSE: CTV)'s sale to Mediaocean for $3.15 per share. If you are an Innovid shareholder, click here to learn more about your legal rights and options . Adams Resources & Energy, Inc. (NYSE: AE)'s sale to an affiliate of Tres Energy LLC for $38.00 per share in cash. If you are an Adams shareholder, click here to learn more about your rights and options . Piedmont Lithium Inc. (NASDAQ: PLL)'s merger with Sayona Mining Limited. If you are a Piedmont shareholder, click here to learn more about your rights and options . Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses. Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com . Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Halper Sadeh LLC Daniel Sadeh, Esq. Zachary Halper, Esq. One World Trade Center 85th Floor New York, NY 10007 (212) 763-0060 sadeh@halpersadeh.com zhalper@halpersadeh.com https://www.halpersadeh.com View original content to download multimedia: https://www.prnewswire.com/news-releases/shareholder-investigation-halper-sadeh-llc-investigates-avav-ctv-ae-pll-on-behalf-of-shareholders-302314337.html SOURCE Halper Sadeh LLP
Beyond the exhilarating races and pulse-pounding action, the festival also highlights the dedication and skill of the development team behind the "Assetto Corsa" series. With a commitment to delivering a top-tier gaming experience, Kunos Simulazioni continues to push the boundaries of what is possible in the world of racing simulators, setting new standards for realism and immersion.
As TSMC continues to push the boundaries of semiconductor technology with its 2nm chips, the industry is watching with keen interest. The company's achievements in production yield and trial production progress are a testament to its expertise and commitment to innovation. With the prospect of mass production on the horizon, TSMC is poised to make a significant impact on the semiconductor industry in the near future.TAURANGA, New Zealand--(BUSINESS WIRE)--Dec 19, 2024-- Craigs Investment Partners (“Craigs” or “the Firm”), a leading wealth management firm in New Zealand, today announced that TA Associates (“TA”), a leading global private equity firm, has signed a conditional agreement to make a strategic investment in the Firm. Under the agreement, Craigs’ existing employee and director shareholders will retain 50 percent ownership of the Firm, partnering closely with TA. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241218087239/en/ “TA is an ideal partner to support Craigs’ growth ambitions and ongoing commitment to client outcomes given its significant global experience investing in wealth management, and its strong understanding of the regional market,” said Simon Tong, CEO of Craigs. “Craigs and TA are aligned on a client-first philosophy and the importance of a personalized approach to wealth management. Client outcomes remain our top priority, and there will be no change in the people or our approach to providing outstanding service to our clients.” The partnership between Craigs and TA aims to further enhance Craigs’ position as a leader in the New Zealand wealth management market while enabling its continued expansion. Leveraging over 50 years of experience helping high-quality companies grow, TA will provide deep industry knowledge, strategic resources and a robust global network to accelerate Craigs’ growth strategy. “This is an exciting opportunity that connects our local team with TA’s extensive global experience in wealth management, supporting our ability to deliver enhanced outcomes for clients in an increasingly dynamic environment. Access to TA’s international network, best practices and insights will help us elevate our services while maintaining the personalised approach that sets us apart,” Tong continued. “Over the past 40 years, Craigs has established itself as one of the largest and most respected wealth management firms in New Zealand, offering a comprehensive range of personalised wealth advice and services to its clients,” said Edward Sippel, head of TA Associates Asia Pacific Ltd. and a Managing Director at TA. “We deeply respect this history and are honoured to support the Firm’s continued growth strategy and commitment to delivering best-in-class client outcomes.” “TA has a long history of partnering with world-class wealth managers like Craigs,” said Lily Xu, Vice President at TA. “We are excited to collaborate with the entire Craigs team to expand the Firm’s reach, continue enhancing its service offerings, and explore strategic M&A opportunities.” The agreement remains subject to certain approvals being obtained, including Court approval, Craigs’ shareholder approval and Overseas Investment Office (‘OIO’) consent. Settlement is expected to occur late in the first quarter of 2025. Financial terms were not disclosed. Craigs Investment Partners Limited is a NZX Participant firm. Craigs Investment Partners Limited’s Financial Advice Provider Disclosure Statement can be viewed at craigsip.com/terms-and-conditions . Please visit craigsip.com for more information on Craigs Investment Partners financial advice services. About Craigs Investment Partners (Craigs) Craigs Investment Partners is one of New Zealand's largest investment advisory firms, offering bespoke solutions to both private investors and corporate clients. Craigs provides the complete breadth of private client and wealth management services including investment advice and management, securities trading, research, cash management, institutional dealing, and investment banking. Craigs has over 180 qualified Investment Advisers, servicing over 65,000 private wealth investors across 19 branches in New Zealand. Craigs has a team of 650 employees, $32 billion in funds under advice (“FUA”), and is currently 100% owned by employee and director shareholders. www.craigsip.com About TA Associates (TA) TA is a leading global private equity firm focused on scaling growth in profitable companies. Since 1968, TA has invested in more than 560 companies across its five target industries – technology, healthcare, financial services, consumer and businesses services. Leveraging its deep industry expertise and strategic resources, TA collaborates with management teams worldwide to help high-quality companies deliver lasting value. The firm has raised $65 billion in capital to date and has more than 150 investment professionals across offices in Boston, Menlo Park, Austin, London, Mumbai and Hong Kong. More information about TA can be found at www.ta.com . View source version on businesswire.com : https://www.businesswire.com/news/home/20241218087239/en/ CONTACT: For more information, please contact: Craigs Investment Partners:Tania Bui |tania.bui@craigsip.com TA Associates:Maggie Benoit |mbenoit@ta.com KEYWORD: AUSTRALIA/OCEANIA NEW ZEALAND ASIA PACIFIC INDUSTRY KEYWORD: BANKING ASSET MANAGEMENT PROFESSIONAL SERVICES FINANCE SOURCE: Craigs Investment Partners Copyright Business Wire 2024. PUB: 12/19/2024 04:38 PM/DISC: 12/19/2024 04:36 PM http://www.businesswire.com/news/home/20241218087239/en(The Center Square) – The Biden administration on Monday instituted a new round of restrictions targeting the export of advanced semiconductor chips and manufacturing equipment to China. This move by the Commerce Department's Bureau of Industry and Security builds on previous measures aimed at curbing China's ability to develop cutting-edge technologies, particularly artificial intelligence and military applications. The new export controls place 140 manufacturers and investment companies on the Entity List, a U.S. compilation of "foreign individuals, companies, and organizations deemed a national security concern." "The United States has taken significant steps to protect our technology from being used by our adversaries in ways that threaten our national security," National Security Advisor Jake Sullivan said in a statement . The new controls will also block the sale of high-bandwidth memory, which is necessary for artificial intelligence. Semiconductors can be a strategic asset for AI systems, supercomputing, and other technologies for both civilian and military use. Sullivan continued, "As technology evolves, and our adversaries seek new ways to evade restrictions, we will continue to work with our allies and partners to proactively and aggressively safeguard our world-leading technologies and know-how so they aren't used to undermine our national security." According to a U.S. Government Accountability Office report, semiconductors, also known as computer chips, are typically smaller than a postage stamp and are composed of billions of components that can store, move and process data. Advanced semiconductors can be used for artificial intelligence, including in medical diagnosis and for military purposes, such as modeling nuclear explosions. The U.S. has been tightening down on the export controls on semiconductors to China since concerns over U.S. capacity to produce advanced semiconductors domestically when shortages began during the pandemic. This concern resulted in Congress enacting the CHIPS Act of 2022. Chinese foreign ministry spokesperson Lin Jian responded. "This type of behavior seriously violates the laws of market economy and the principle of fair competition, disrupts international economic and trade order, destabilizes global industrial and supply chains, and will eventually harm the interests of all countries," Jian said. Beijing intends to take firm, resolute measures to defend the interests of Chinese companies, he added. Assistant Secretary of Commerce for Export Administration Thea D. Rozman Kendler said, "The PRC's Military-Civil Fusion strategy presents a significant risk that advanced node semiconductors will be used in military applications that threaten the security of the United States, as well as the security of our allies and partners."
Europol, the European Union Agency for Law Enforcement Cooperation, praised the successful operation as a significant milestone in the fight against cybercrime. Europol's Executive Director commented, "The closure of Manson Market is a testament to the dedication and expertise of law enforcement agencies across Europe in combating digital crime. This operation demonstrates that we can effectively disrupt and dismantle criminal networks operating in the shadows of the internet."In a recent incident that has garnered attention across the tech industry, a fire broke out at an Alibaba Cloud Computing data center, raising concerns about potential data loss and service interruptions. The incident occurred at the company's data center located in [exact location], leading to immediate response efforts from the company's emergency response team.By Matt Barrows, RJ Kraft and Jenna West The San Francisco 49ers plan to place running backs Christian McCaffrey and Jordan Mason on injured reserve after suffering injuries in the team’s Week 13 loss to the Buffalo Bills . McCaffrey suffered a PCL injury but will not need surgery, coach Kyle Shanahan said Monday. The injury is about a six-week recovery time, which sidelines the 2023 Offensive Player of the Year for the remainder of the regular season. Additionally, Mason suffered a high ankle injury in the loss and will be placed on IR. Both must miss a minimum of four games; the 49ers have just five games left this season. GO DEEPER 49ers look a lot like their 2020 snakebit selves in snowy, blowout loss to the Bills These latest injuries mean the 49ers’ top three running backs from the start of the offseason — McCaffrey, Mason and Elijah Mitchell — are all on injured reserve. Rookie Isaac Guerendo is the only healthy running back, not including fullback Kyle Juszczyk , on the roster, though Patrick Taylor Jr. is on the team’s practice squad. The 49ers will have to go outside the building to sign at least one more back. Matt Breida , who played for the team from 2017 to ’19 and spent three weeks on the roster during training camp, would seem to be a potential option. Advertisement McCaffrey left Sunday night’s game early in the second quarter. Taking a carry on a first down play, McCaffrey took a few slow steps before sliding to a stop for a 5-yard loss. he left the field under his own power and went to the medical tent, then attempted to jog along the 49ers sideline before heading to the locker room. Sunday was just McCaffrey’s fourth game of the 2024 season. He returned in early November after missing most of training camp and the 49ers’ first eight games because of tendonitis in both Achilles. He had seven carries for 53 yards and two catches for 14 yards before exiting Sunday’s game. For the season, McCaffrey had 202 rushing yards along with 15 receptions for 146 receiving yards. Mason was the team’s primary running back for the first two months of the season while McCaffrey was out with his initial injury. The third-year back leads the team in rushing with 789 yards and has three touchdowns. Guerendo, a fourth-round pick out of Louisville, has shown promise while filling in for Mason when he was hurt against the Seattle Seahawks (Week 6) and the Dallas Cowboys (Week 8). He has 246 rushing yards and two touchdowns on the season. Additionally, defensive tackle Kevin Givens suffered a torn pec in Sunday night’s loss. He is out for the season and will also be placed on injured reserve. The 49ers (5-7) have lost three in a row and sit two games behind the Seattle Seahawks in the NFC West. What do the 49ers have in Guerendo? The injuries to McCaffrey and Mason mean Guerendo suddenly will become the 49ers’ lead tailback, and it likely also will prompt the 49ers to promote Taylor from the practice squad. Guerendo seemed to be starting to find his stride when McCaffrey returned from his Achilles injury and immediately received nearly all of the tailback snaps. Advertisement Now, Guerendo will get an opportunity to resume his NFL education. He’s shown flashes of potential, including on Sunday when he had a 15-yard touchdown against the Bills. But he’s also fumbled twice on kickoffs (losing one) this season and it’s not quite clear whether he’s fully shaken the injury bug that plagued him in college. In short, Guerendo — and the 49ers — will benefit from him getting more snaps. It will better prepare him for the 2025 season and ought to give the team a better idea on how to approach Mason’s situation — he’ll be a restricted free agent in March — when the season is over. — Matt Barrows, 49ers beat writer Required reading (Photo: Timothy T Ludwig / Getty Images)
International Mountain Day, celebrated on December 11, focuses in 2024 on sustainable solutions for mountain regions, emphasizing innovation, climate adaptation, and youth participation to address the challenges faced by mountain communities. For centuries, mountain communities have developed strategies to adapt to harsh conditions while protecting and restoring biodiversity. In 2024, International Mountain Day highlights three key priorities: innovation, climate adaptation, and youth engagement. Innovations are essential to solve the complex challenges in mountain areas, combining technological advances with creative approaches like climate-smart agriculture. Climate change continues to threaten mountain ecosystems, making adaptation strategies critical to reduce vulnerability and improve resilience. These strategies include disaster risk reduction tailored to specific ecosystems and leveraging indigenous knowledge. Youth participation plays a key role in ensuring long-term sustainability. The 2024 theme calls for providing opportunities such as decent jobs, accessible education, and entrepreneurial initiatives to enable youth to contribute to the sustainable management of mountain resources. Mountains are vital ecosystems, supporting 15% of the global population and hosting half of the world's biodiversity hotspots. They are also a crucial source of water, food, and energy for nearly half of humanity. However, mountains are increasingly threatened by climate change, land degradation, natural disasters, and overexploitation. Rising global temperatures have accelerated the melting of mountain glaciers, endangering freshwater supplies for millions of people. Land degradation affects over 311 million people in mountainous areas of developing countries, with 178 million facing food insecurity. International Mountain Day was established in 1992 following the adoption of Agenda 21 at the United Nations Conference on Environment and Development. The day was first observed in 2003 after the UN declared 2002 as the International Year of Mountains. The Food and Agriculture Organization (FAO) leads the global coordination for the preparation and implementation of the event. International Mountain Day continues to raise awareness about the significance of mountain regions, calling for global action to safeguard these natural treasures. On International Mountain Day, the Ambassador of the Kyrgyz Republic to Iran, Turdakun Sydykov, highlighted Kyrgyzstan’s initiatives to promote sustainable development in mountain regions, addressing climate challenges and international cooperation. Here is the full text of his statement about the international initiatives of the Kyrgyz Republic on promoting sustainable development of mountain regions: 1. Mountain agenda Climate change poses a serious threat to the most important aspects of life in mountain countries. These include an increase in natural disasters, threats to food security, growing hungry populations, the most vulnerable of whom are women and girls, slower economic growth, water scarcity and growing tensions between countries. In the 21st century, mountain countries will face many challenges and problems. In this regard, it is necessary to build in advance a system of joint actions of mountain countries to prevent and mitigate them. The first thing that should be done to achieve this goal is to unite their efforts. Only joint efforts can stop the processes of gradual degradation of mountain regions in the light of climate change. Kyrgyzstan, as a mountainous country, deeply realizes its responsibility to ensure the well-being of mountain regions and their sustainable development. Kyrgyzstan is taking consistent steps within the framework of the UN to gradually build up the global agenda for sustainable mountain development. Since the early 2000s, Kyrgyzstan has been actively working to attract the attention of the world community to mountain issues, in particular, by the initiative of the Kyrgyz Republic the following events were held: 1. Declaring 2002 as the International Year of Mountains; 2. Holding the first Bishkek Global Mountain Summit in Bishkek in 2002; 3. Establishment of December 11 as the International Mountain Day at the 57th session of the UN General Assembly; 4. Adoption from 1998 to 2019 by the UN General Assembly (UNGA) of the 13th International Day of Mountains. Adoption by the UN General Assembly (GA) of 13 resolutions on mountain countries (A/RES/53/24, A/RES/55/189, A/RES/57/245, A/RES/58/216, A/RES/59/238, A/RES/60/198, A/RES/62/196, A/RES/64/205, A/RES/66/205, A/RES/68/217, A/71/463/Add.10, A/74/209, A/RES/77/172); 5. Formation of the Group of Friends of Mountain Countries on 29 August 2019, comprising 26 States (Afghanistan, Andorra, Kyrgyzstan, Albania, Armenia, Austria, Azerbaijan, Bangladesh, Bhutan, Bolivia, Canada, Georgia, Greece, Ireland, Japan, Lebanon, Liechtenstein, Morocco, Nepal, Norway, Peru, Romania, Rwanda, Switzerland, Tajikistan, Turkey and Switzerland); 6. At the initiative of the Kyrgyz Republic, the 76th session of the UNGA adopted a resolution to declare 2022 the International Year of Sustainable Mountain Development. 7. The 77th session of the UNGA adopted a resolution to declare 2023-2027 as the “Five Years of Action for Development”. “Five Years of Action for the Development of Mountain Regions“ (”the Five Years"). The Resolution was adopted unanimously without a vote. 109 UN Member States co-sponsored it. On our initiative and with the broad support of our mountain partners, the “Five-Year Action Plan for the Development of Mountain Regions for the period from 2023 to 2027” is currently being implemented. We have taken a systematic approach to its implementation: at the national level we are implementing the Roadmap, at the international level - the Global Action Plan, which in 2023 and 2024 were presented by the Ministry of Foreign Affairs of the Kyrgyz Republic at the UN headquarters in New York. It is important for us to ensure access to health care and education, economic and social systems for the inhabitants of mountainous areas. In addition, Kyrgyzstan is initiating the creation of a Global Mountain University, the purpose of which is to create an educational platform for solving current problems facing mountain regions, training personnel, and improving the level of knowledge and qualifications of specialists who contribute to sustainable mountain development. In turn, Kyrgyzstan does not stand aside, in this year we decided to make a modest voluntary contribution to the budget of the Secretariat of the Mountain Partnership in Rome. Mountain initiatives of the Kyrgyz Republic were reflected in the final reports of the 28th Conference of the Parties to the UN Framework Convention on Climate Change (UNFCCC). Thanks to the efforts of many mountain countries, the mountain agenda was included in the final document and includes five references to mountains and contains a formal request for a dialog on mountains and climate change. Also, as a result of the forum on the role of mountains under the Nairobi Work Program of the UNFCCC, “Mountains, high latitudes and the cryosphere” was declared a priority thematic area for 2024. The key event to promote the mountain agenda on a global scale was the participation of the President of the Kyrgyz Republic H.E. Mr. Sadyr Zhaparov in the UN Climate Change Conference - COP29 World Leaders Summit in Baku, which demonstrated the commitment of Kyrgyzstan to address climate issues within the framework of membership in the UNFCCC and the goals of the Paris Agreement, readiness to participate in international climate processes and consistent focus in promoting the mountain agenda at the global level. Kyrgyzstan organized its national pavilion for the first time and an extensive program of side events was held on thematic days. On the margins of the COP29 on November 13 this year in Baku with the participation of the President of the Kyrgyz Republic H.E. Mr. Sadyr Zhaparov a High-Level Meeting/Dialogue on Mountains and Climate was held. This High-level event was co-organized by Kyrgyzstan, Mongolia and Azerbaijan, and it was also attended by the Presidents of Mongolia and Nepal. 33 countries supported the initiative of the Kyrgyz Republic on the “Call to Action to consolidate the Mountains and Climate Dialogue in the annual calendar of the UNFCCC”. The Kyrgyz side initiated the “Declaration on Climate Change, Mountains and Glaciers”, presented on the margins of the COP29 in Baku, which was supported by 15 countries as the Final Document of the High-Level Dialogue. Kyrgyzstan actively promotes the mountain agenda at three international platforms: the UN in New York, the FAO Mountain Partnership in Rome and the UNFCCC, a group of friends to promote mountain initiatives: the Group of Friends of Mountain Countries of the UN in New York (29 countries), at the invitation of Kyrgyzstan in this year Lesotho joined the group. Member countries of the Mountain Partnership under the chairmanship of the Mountain Partnership Secretariat in Rome (65 countries). In this year, work was carried out to expand the Negotiating Group of the UNFCCC Mountain Partnership, established in December 2023, which initially had Kyrgyzstan and Andorra as members. Also, this year Uzbekistan, Kazakhstan, Armenia and Mongolia joined this group. Nepal, Italy, Bhutan, Zimbabwe have expressed their willingness to join thi8s group. The Second Global Bishkek Mountain Summit “Bishkek+25” to be held in Bishkek in 2027 was announced by the President of the Kyrgyz Republic H.E. Mr. Sadyr Zhaparov at the General debates of the 78th and 79th session of the UNGA in New York. The Kyrgyz Republic is actively announcing the holding of the Second Mountain Summit among foreign partners. Active work is being carried out to attract investments from international partners. We count on the support of the UN member states and other international and regional organizations in providing practical assistance in holding the Mountain Summit in 2027. The Kyrgyz Republic invites all countries, including, of course, the friendly Islamic Republic of Iran, to participate in the Mountain Summit at a high level. Climate finance We, the UN Member States, meet regularly to discuss climate issues and find solutions. No country remains indifferent and indifferent. But not all of us have equal conditions and opportunities to solve them and realize our climate commitments, including those undertaken within the framework of the UN Convention on Climate Change. In this context, Kyrgyzstan fully supports the position of the esteemed UN Secretary-General on the need to reform the international financial architecture and reduce the debt burden on developing and vulnerable states.In a major development that has sent ripples through the construction industry, Beijing Urban Construction Group (BUCG) has successfully secured a monumental project worth 3.9 billion RMB in the fourth quarter of the year. This strategic move by BUCG not only reinforces its position as a leading player in the construction sector but also demonstrates its commitment to driving innovation and sustainable development in the industry.As viewers weighed the merits of each drama, opinions were divided on which one held the edge in terms of storytelling, acting, and overall impact. "National Beauty" was praised for its attention to historical detail, character development, and emotional depth, drawing viewers into the tumultuous world of the Tang Dynasty with its gripping narrative. Yang Zi's nuanced performance as the strong-willed heroine was a standout feature of the drama, showcasing her versatility as an actress and her ability to command the screen with her presence.
While Wu Qian's 7 turnovers were a blemish on an otherwise stellar performance, it was clear that his impact on the game went beyond the stat sheet. His ability to handle the ball, make plays for his teammates, and score when needed made him a dynamic force on the court.CHICAGO--(BUSINESS WIRE)--Dec 2, 2024-- XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of $0.077 per share on the Trust’s common shares (NYSE: XFLT), payable on December 30, 2024, to common shareholders of record as of December 16, 2024, as noted below. The amount of the distribution represents a 9.41% decrease from the previous month's distribution of $0.085 per share. The Trust’s investment objective is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle. The Trust’s investment portfolio is comprised largely of floating-rate credit instruments and other structured credit investments. In the past three months, the Federal Reserve has cut the base rate twice resulting in a 0.75% decline in interest rates, impacting floating rate securities’ income generation. As a result, the Trust’s net investment income has declined. With the new distribution amount of $0.077 per share, the Trust’s annualized distribution rate on market price is 13.28% and the annualized distribution rate on NAV is 13.85% as of market close on November 26, 2024. The following dates apply to the declaration: Ex-Dividend Date December 16, 2024 Record Date December 16, 2024 Payable Date December 30, 2024 Amount $0.077 per common share Change from Previous Month 9.41% decrease Common share distributions may be paid from net investment income (regular interest and dividends), capital gains and/or a return of capital. The specific tax characteristics of the distributions will be reported to the Trust’s common shareholders on Form 1099 after the end of the 2024 calendar year. Shareholders should not assume that the source of a distribution from the Trust is net income or profit. For further information regarding the Trust’s distributions, please visit www.xainvestments.com . * * * XFLT Q3 Webinar The Trust plans to host its Quarterly Webinar on December 6, 2024, at 11:00 am (Eastern Time). Kevin Davis, Managing Director at XA Investments will moderate the Q&A style webinar with Kimberly Flynn, President at XA Investments, and Lauren Law, Senior Portfolio Manager at Octagon Credit Investors. TO JOIN VIA WEB: Please go to the Knowledge Bank section of xainvestments.com or click here to find the online registration link. TO USE YOUR TELEPHONE : After joining via web, if you prefer to use your phone for audio, you must select that option and call in using a number below, based on your current location. Dial : (720) 928-9299 or (213) 338-8477 or (267) 831-0333 or (312) 626-6799 or (646) 558-8656 Webinar ID : 845 9508 2601 REPLAY: A replay of the webinar will be available in the Knowledge Bank section of xainvestments.com * * * The Trust’s net investment income and capital gain can vary significantly over time; however, the Trust seeks to maintain more stable common share monthly distributions over time. The Trust’s investments in CLOs are subject to complex tax rules and the calculation of taxable income attributed to an investment in CLO subordinated notes can be dramatically different from the calculation of income for financial reporting purposes under accounting principles generally accepted in the United States (“U.S. GAAP”), and, as a result, there may be significant differences between the Trust’s GAAP income and its taxable income. The Trust’s final taxable income for the current fiscal year will not be known until the Trust’s tax returns are filed. As a registered investment company, the Trust is subject to a 4% excise tax that is imposed if the Trust does not distribute to common shareholders by the end of any calendar year at least the sum of (i) 98% of its ordinary income (not taking into account any capital gain or loss) for the calendar year and (ii) 98.2% of its capital gain in excess of its capital loss (adjusted for certain ordinary losses) for a one-year period generally ending on October 31 of the calendar year (unless an election is made to use the Trust’s fiscal year). In certain circumstances, the Trust may elect to retain income or capital gain to the extent that the Board of Trustees, in consultation with Trust management, determines it to be in the interest of shareholders to do so. The common share distributions paid by the Trust for any particular period may be more than the amount of net investment income from that period. As a result, all or a portion of a distribution may be a return of capital, which is in effect a partial return of the amount a common shareholder invested in the Trust, up to the amount of the common shareholder’s tax basis in their common shares, which would reduce such tax basis. Although a return of capital may not be taxable, it will generally increase the common shareholder’s potential gain, or reduce the common shareholder’s potential loss, on any subsequent sale or other disposition of common shares. The distribution shall be paid on the Payment Date unless the payment of such distribution is deferred by the Board of Trustees upon a determination that such deferral is required in order to comply with applicable law to ensure that the Trust remains solvent and able to pay its debts as they become due and continue as a going concern, or to comply with the applicable terms or financial covenants of the Trust’s senior securities. Future common share distributions will be made if and when declared by the Trust’s Board of Trustees, based on a consideration of number of factors, including the Trust’s continued compliance with terms and financial covenants of its senior securities, the Trust’s net investment income, financial performance and available cash. There can be no assurance that the amount or timing of common share distributions in the future will be equal or similar to that described herein or that the Board of Trustees will not decide to suspend or discontinue the payment of common share distributions in the future. * * * The investment objective of the Trust is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle. The Trust seeks to achieve its investment objective by investing in a dynamically managed portfolio of opportunities primarily within the private credit markets. Under normal market conditions, the Trust will invest at least 80% of its Managed Assets in floating rate credit instruments and other structured credit investments. There can be no assurance that the Trust will achieve its investment objective. The Trust’s common shares are traded on the New York Stock Exchange under the symbol “XFLT,” and the Trust’s 6.50% Series 2026 Term Preferred Shares are traded on the New York Stock Exchange under the symbol “XFLTPRA”. About XA Investments XA Investments LLC (“XAI”) serves as the Trust’s investment adviser. XAI is a Chicago-based firm founded by XMS Capital Partners in 2016. XAI serves as the investment adviser for two listed closed-end funds and an interval closed-end fund. The listed closed-end funds, the XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT) and Madison Covered Call & Equity Strategy Fund (NYSE: MCN) both trade on the New York Stock Exchange. The interval closed-end fund, Octagon XAI CLO Income Fund (OCTIX), is newly launched and has been made widely available to investors. In addition to investment advisory services, the firm also provides investment fund structuring and consulting services focused on registered closed-end funds to meet institutional client needs. XAI offers custom product build and consulting services, including development and market research, sales, marketing and fund management. XAI believes that the investing public can benefit from new vehicles to access a broad range of alternative investment strategies and managers. XAI provides individual investors with access to institutional-caliber alternative managers. For more information, please visit www.xainvestments.com . About XMS Capital Partners XMS Capital Partners, LLC, established in 2006, is a global, independent, financial services firm providing M&A, corporate advisory and asset management services to clients. It has offices in Chicago, Boston and London. For more information, please visit www.xmscapital.com . About Octagon Credit Investors Octagon Credit Investors, LLC (“Octagon”) serves as the Trust’s investment sub-adviser. Octagon is a 25+ year old, $33.4B below-investment grade corporate credit investment adviser focused on leveraged loan, high yield bond and structured credit (CLO debt and equity) investments. Through fundamental credit analysis and active portfolio management, Octagon’s investment team identifies attractive relative value opportunities across below-investment grade asset classes, sectors and issuers. Octagon’s investment philosophy and methodology encourage and rely upon dynamic internal communication to manage portfolio risk. Over its history, the firm has applied a disciplined, repeatable and scalable approach in its effort to generate attractive risk-adjusted returns for its investors. For more information, please visit www.octagoncredit.com . * * * XAI does not provide tax advice; please consult a professional tax advisor regarding your specific tax situation. Income may be subject to state and local taxes, as well as the federal alternative minimum tax. Investors should consider the investment objectives and policies, risk considerations, charges and expenses of the Trust carefully before investing. For more information on the Trust, please visit the Trust’s webpage at www.xainvestments.com . This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction. NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE Paralel Distributors, LLC - Distributor View source version on businesswire.com : https://www.businesswire.com/news/home/20241202717275/en/ CONTACT: Kimberly Flynn, President XA Investments LLC Phone: 888-903-3358 Email:KFlynn@XAInvestments.com www.xainvestments.com KEYWORD: ILLINOIS UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: ASSET MANAGEMENT PROFESSIONAL SERVICES FINANCE SOURCE: XA Investments Copyright Business Wire 2024. PUB: 12/02/2024 04:15 PM/DISC: 12/02/2024 04:17 PM http://www.businesswire.com/news/home/20241202717275/en Copyright Business Wire 2024.