Australians are buying dishwashing tablets, sponges and toilet paper at Black Friday sales. or signup to continue reading Aussies are up 35 per cent from last year. Research from ING Bank found demand for household items has increased by 10 per cent year-on-year with 4.4 million shoppers looking to stock up over the weekend. Shoppers are willing to spend an average of $184 each on these essential items and one in ten would spend between $301 and $500. But a third of Aussies said they weren't shopping the sales at all this year because they were budgeting or saving for other things with millennials the most likely generation to hold on to their cash. Almost a quarter of Aussies also said they did not think the discounts were large enough to justify opening their wallets. The difference in spending was evident across the generations with nearly half of millennials saying they intended to spend more on essential household goods than gifts this year, compared to about a quarter of Gen X and Boomers. Almost half of Aussies with children at home were also planning to focus on the bare necessities. ING Australia's Matt Bowen said the survey shows Australians were "using this year's sales to shop [savvy], spending more on household essentials and buying their Christmas gifts in advance due to the rising cost of living." "There's also clearly an appetite to shop with international retailers this year, according to 35 per cent of respondents who plan to shop the sales." , with 58 per cent of Aussies intending to shop the sales this year, an increase of 17 per cent since 2020. More than $12.7 billion is expected to be spent on the sales nationwide across all categories, an increase from last year's $10.8 billion. Almost half of all Black Friday shoppers this year are planning to use the sales to buy their Christmas presents with $297 being the average budget among those shopping for gifts. Lucy is a reporter for the Canberra Times. Originally from the Central West, she has a passion for local and rural news. Email her at lucy.arundell@austcommunitymedia.com.au. Lucy is a reporter for the Canberra Times. Originally from the Central West, she has a passion for local and rural news. Email her at lucy.arundell@austcommunitymedia.com.au. DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily! Advertisement Advertisement
Residents in a Village in Sichuan Province Reflect on Dilapidated Rural Roads, Difficulties in Travel, and Hope for Repair
Assad's arrival in Moscow has also sparked concerns about the potential implications for the ongoing efforts to reach a political solution to the Syrian conflict. The move is likely to further complicate the already complex peace negotiations and may hinder progress towards a lasting resolution. Many countries and international organizations have been pushing for a transition of power in Syria and the establishment of a democratic government, but Assad's presence in Moscow could undermine these efforts and prolong the conflict.FORT LAUDERDALE, Fla. (AP) — A boat explosion at a South Florida marina has left one person dead and five others injured, officials said. The explosion occurred Monday night at the Lauderdale Marina, Fort Lauderdale Fire Rescue said in a social media post. Rescue workers transported five people to local hospitals, three with traumatic injuries, officials said. A sixth person was found dead in the water several hours later by the Broward Sheriff's Office. Fire rescue officials said they didn't immediately know what caused the explosion.Australians are buying dishwashing tablets, sponges and toilet paper at Black Friday sales. or signup to continue reading Aussies are up 35 per cent from last year. Research from ING Bank found demand for household items has increased by 10 per cent year-on-year with 4.4 million shoppers looking to stock up over the weekend. Shoppers are willing to spend an average of $184 each on these essential items and one in ten would spend between $301 and $500. But a third of Aussies said they weren't shopping the sales at all this year because they were budgeting or saving for other things with millennials the most likely generation to hold on to their cash. Almost a quarter of Aussies also said they did not think the discounts were large enough to justify opening their wallets. The difference in spending was evident across the generations with nearly half of millennials saying they intended to spend more on essential household goods than gifts this year, compared to about a quarter of Gen X and Boomers. Almost half of Aussies with children at home were also planning to focus on the bare necessities. ING Australia's Matt Bowen said the survey shows Australians were "using this year's sales to shop [savvy], spending more on household essentials and buying their Christmas gifts in advance due to the rising cost of living." "There's also clearly an appetite to shop with international retailers this year, according to 35 per cent of respondents who plan to shop the sales." , with 58 per cent of Aussies intending to shop the sales this year, an increase of 17 per cent since 2020. More than $12.7 billion is expected to be spent on the sales nationwide across all categories, an increase from last year's $10.8 billion. Almost half of all Black Friday shoppers this year are planning to use the sales to buy their Christmas presents with $297 being the average budget among those shopping for gifts. Lucy is a reporter for the Canberra Times. Originally from the Central West, she has a passion for local and rural news. Email her at lucy.arundell@austcommunitymedia.com.au. Lucy is a reporter for the Canberra Times. Originally from the Central West, she has a passion for local and rural news. Email her at lucy.arundell@austcommunitymedia.com.au. DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily! Advertisement Advertisement
BRUSSELS , Dec. 24, 2024 /PRNewswire/ -- In an upcoming EU Reporter interview , M. Shigeo Katsu , Founding President of Nazarbayev University (NU) and a key architect of Kazakhstan's education reforms, will address the escalating scandal surrounding financial mismanagement at the country's flagship higher education institution. The crisis gained public attention following the announcement of the state audit results of Nazarbayev University. The revelations have sparked widespread concerns about transparency and oversight at one of Central Asia's most prestigious universities. Adding to the controversy are allegations of financial mismanagement involving the New Generation Foundation, the Jusan Group — entities originally established to ensure the long-term financial sustainability of NU and Nazarbayev Intellectual Schools (NIS). Questions have also been raised about the state of affairs at NU's Social Development Fund. Reports suggest that funds may have been misappropriated, triggering outrage from students, educators, and civil society. In response, a student initiative group from Nazarbayev University issued an open letter demanding the release of both the state audit and NU's internal audit of the Social Development Fund. The letter also calls for greater accountability, enhanced transparency, and the protection of students' rights. This appeal reflects mounting frustration with the university's leadership and a growing demand for immediate corrective action. Shigeo Katsu's interview will shed light on these unfolding developments. As a former leader of NU, Katsu is uniquely positioned to analyze the root causes of the crisis, critique the university's response, and discuss the broader implications for Kazakhstan's education sector. The full interview can be found here: https://www.eureporter.co/kazakhstan-2/2024/12/23/the-battle-for-nazarbayev-universitys-future-shigeo-katsu-on-financial-mismanagement-and-accountability/ The Battle for Nazarbayev University's Future: Shigeo Katsu on Financial Mismanagement and Accountability In light of recent controversies surrounding the financial governance of Nazarbayev University (NU) and Nazarbayev Intellectual Schools (NIS), an open letter from concerned students has surfaced, addressing the troubling mismanagement of funds and alleged conflicts of interest. The letter highlights a series of financial decisions that led to the unraveling of key institutions meant to ensure the long-term stability of NU and NIS. The students are particularly concerned about the fate of the Jusan Group and the Nazarbayev Fund (NGF), which were once positioned to secure the financial future of these two leading educational institutions. Instead, they allege that significant funds were misappropriated and whole organizations lost, leading to the collapse of what was once a promising financial structure. In response, Shigeo Katsu , the Founding President of Nazarbayev University, has also written an open letter , received by EU Reporter, addressing the ongoing crisis and providing his perspective on the unfolding situation. In his letter, Katsu outlines the rationale of engagement in the financial sector and the erosion of the initial vision for NU, highlighting the role of key financial institutions like Jusan Bank and the NGF in securing a stable future for the university and NIS. He draws attention to the series of decisions that led to the loss of the former and calls for urgent remedial actions to prevent further damage to the institutions' credibility and financial stability . In this exclusive interview with EU Reporter , Shigeo Katsu , the Founding President of Nazarbayev University, sheds light on these pressing issues. He discusses the audit findings, the role of Jusan Bank , and what must be done to restore trust and secure the future of NU and NIS. Bio: Mr. Shigeo Katsu is the Founding President of Nazarbayev University. He held the position of President from December 2010 until June 2023 . He was Chair of the Board of Trustees of an affiliated secondary school system, the Nazarbayev Intellectual Schools, and of the University's hospital system. Prior to the assignments in Kazakhstan , over the course of a 30-year career at the World Bank, Mr. Shigeo Katsu held various positions including leading financial sector reform support for China , Director for Cote d'Ivoire , and Vice President for Europe and Central Asia . After his retirement from the World Bank, he served for a few years on the US board of a youth-oriented international development NGO. Between 2011 and 2015 he was an Advisory Panel member of the ASEAN+3 Macroeconomic Research Office (AMRO). Questions: - We have exclusively published your open letter and anticipate that it will generate a significant response. What drove you to write it, particularly in light of the misuse of funds intended to ensure the long-term financial stability of Nazarbayev University (NU) and Nazarbayev Intellectual Schools (NIS)? The decision to write the open letter was not made lightly. It was driven by a profound sense of responsibility to the students, faculty, and broader community of Nazarbayev University (NU) and Nazarbayev Intellectual Schools (NIS). These institutions were established with a vision to create world-class educational hubs in Kazakhstan and establish a center of excellence for academic research. Ensuring their financial independence and long-term stability is a core requirement to achieve the two institutions' mission. However, recent developments revealed through state and internal audits have exposed serious breaches of trust. The misuse of funds from entities like the University's Social Development Fund, New Generation Foundation, and Jusan Group directly threatens the sustainability of NU and NIS. These funds were meant to build up and guarantee the financial security of the institutions. Instead, we now see signs of embezzlement, mismanagement, and a concerning lack of accountability. The role played by key figures like the directors and executives of NGF, of Aslan Sarinzhipov (Executive Vice President of NU, a former Minister of Education) and Kadisha Dairova (Vice President for Student Affairs and International Cooperation, Nazarbayev University) only adds to the gravity of the situation. By writing the letter, my goal was to bring transparency to the issue and to mobilize public attention and international scrutiny. NU and NIS were founded on principles of meritocracy, transparency, and academic freedom. If we allow these values to be compromised, we risk undoing more than a decade of progress. The letter serves as a call for accountability, reform, and most importantly, protection of the future of Kazakhstan's youth. - Many students and alumni of NU have expressed their concern over the lowering of admission standards and the shift away from international standards. How do you assess these changes, and do you see them as diverging from the original vision for NU? NU was conceived as a model of excellence , designed to meet international standards in research, teaching, and governance. One of its founding principles was merit-based admission , which ensured that students were selected solely based on their ability and potential. This meritocratic foundation was not only an academic principle but a reflection of NU's mission to transform Kazakhstan's education system. Students, alumni, faculty and staff have worked hard to build NU's name. Now students, alumni and parents are rightly concerned that the lowering of admission standards undermines this mission and risks eroding the university's reputation both domestically and internationally. Such changes create the perception that NU is moving away from its original vision of being a world-class institution. To restore confidence, NU must reaffirm its commitment to international standards, transparency, and academic rigor. Reverting to merit-based admissions and prioritizing excellence will send a clear message that the institution remains steadfast in its mission. In the Open Letter, I stated that in theory, a policy of opening the entry door wider, but then be resolutely strict in terms of progression and graduation based on academic integrity and merit could work. There are some cases globally. However, it can only work if there is a full commitment to integrity and merit, openness and transparency, and NU's original values are upheld. But unfortunately, what I have observed and heard about recent developments at NU does not make me optimistic. While administration is supposedly in a belt-tightening mode, new senior positions were created and filled with scant regard for a proper hiring process and qualification. Conflict of interest and restrictions on hiring family members have been discarded. These are just a few of the institutional changes that will inevitably bleed over into the academic fabric as well. Is this the example that senior management wants to present to our students? - Do you believe the current situation, where the financial foundations like the Social Development Fund and New Generation Foundation were mismanaged, reflects a broader crisis within Kazakhstan's governance and democracy? Absolutely, but to be fair, this corporate governance crisis is not just limited to Kazakhstan . The findings of the internal audit conducted by NU on the Social Development Fund (SDF) reveal a systemic absence of check and balances and accountability that extends beyond these institutions. Mismanagement and theft, such as those involving Aslan Sarinzhipov , have not only undermined NU and NIS but also shaken public trust in Kazakhstan's leadership. The financial institutions linked to NU and NIS—Nazarbayev Fund, New Generation Foundation, and Jusan Group — were designed to guarantee long-term financial stability for education in Kazakhstan , securing the futures of NU and NIS for decades. However, NGF and Jusan Group's systematic depletion and dismantling highlight the country's struggle with accountability and the need for deep structural reform. This mismanagement reflects broader governance failings—particularly a lack of oversight, transparency, and mechanisms to prevent conflicts of interest. I cannot pronounce myself on the current status of the NF, but I would not be surprised if one discovers similar shortcomings there as well. I had called for an audit for some time until my departure but was not successful. The impact extends beyond education, affecting the economic and social fabric of Kazakhstan . Addressing these issues requires not just reforms within these organizations but also a renewed commitment to governance, accountability, and emphasis on establishing the rule of law. - With the financial stability once promised by entities like the NGF now in jeopardy, how do you envision NU's future without those foundational guarantees? The original intent of the Nazarbayev Fund, New Generation Foundation, and Jusan Group was to provide NU and NIS with long-term financial stability. These entities were carefully designed to ensure that Kazakhstan's leading educational institutions could eventually operate in a manner less affected by state budget fluctuations. However, as the audits reveal, these institutions have been systematically mismanaged and looted, jeopardizing the financial future of NU and NIS. NU's survival and success now depend on a bold and transparent strategy. The first step is to rebuild trust with the public, students, and alumni by publishing the findings of both the state audit of NU and the internal audit of SDF. Then, those responsible are held accountable. Financially, NU must re-establish a diversified funding model. This includes rebuilding its endowments and enhancing additional revenue streams, such as a logical and sound tuition policy, executive education and collaboration with industry and business in the form of contract research. Transparency and governance reform will be key to attract donors and investors who believe in NU's mission and potential. - The Supreme Audit Chamber of Kazakhstan , in its state audit, reported the mismanagement of 73.5 billion tenge at Nazarbayev University , as well as allegations of half a billion tenge being used illegally. What is your opinion on this, and how should the university address governance and corruption issues? I have not had the opportunity to access the state audit report, thus it is difficult to comment. If the cited amount in mismanagement of 73.5 billion tenge over six years is true, it is scandalous. However, we do not know what the auditors' definition and criteria of mismanagement is. So, let's first find out what the report actually says. What is clear, however, is the outcome of a 2023 internal audit of NU's Social Development Fund (SDF) , and it is sobering. This SDF audit reveals a blatant disregard of corporate governance principles, where individuals entrusted with university resources prioritized personal gain over the mission of NU. The audit revealed that SDF management led by current NU Executive Vice President Aslan Sarinzhipov constructed an intricate web of subsidiary entities, including abroad, to systematically evade the oversight and control of the University. Funds ( over 14 billion tenge ) meant to assist students and faculty were used for personal gains of Aslan Sarinzhipov and questionable deals. Unfortunately, NU senior officials such as Vice President Kadisha Dairova participated in such schemes. When I voiced my concern earlier over the developments at NU, it is largely because of the track record of senior officials there. For NU to move forward, it must adopt zero-tolerance policies for corruption, demand accountability from those responsible, and reform its governance structures to ensure transparency. - Why do some claim there is a lack of funds for NU and NIS, despite the promises of financial stability from their endowment funds? The claim of a lack of funds is a direct consequence of the systematic looting of resources from the New Generation Foundation and Jusan Group. These entities were explicitly designed to contribute to NU and NIS' long-term financial sustainability against the backdrop of reduced state funding. However, as I described in my Open Letter, these innovative financial structures have been undermined by mismanagement, and outright theft. For instance: Rebuilding financial stability will require recovering stolen assets, reforming governance structures, and restoring public trust through full transparency and accountability. - Given the scale of financial mismanagement, what steps are necessary to ensure accountability for those involved, including senior officials? Accountability must begin with transparency. First, all findings from the audits should be made public, and independent investigations should be conducted to identify those responsible. No individual, regardless of rank or influence, should be above scrutiny. Second, legal consequences must follow where wrongdoing is found. Kazakhstan's legal system must demonstrate its independence and commitment to justice by prosecuting those who exploited these funds. Finally, governance reforms are essential. NU and its associated entities must implement stricter checks and balances, including external audits, whistleblower protections, and oversight committees with independent members. These steps are not just about rectifying past mistakes—they're about ensuring a future where such mismanagement cannot happen again. - The audit findings were just the beginning of uncovering deeper issues. Is there more information you can share about how these financial foundations were exploited and what this means for the future of NU and NIS? The patterns that have emerged—opaque transactions, conflicts of interest, and questionable settlements—are deeply troubling. For instance, the transfer of assets to private hands under unclear terms raises red flags about the intentions behind such decisions. This exploitation puts the futures of NU and NIS at risk. These institutions were designed to be financially independent, insulated from political and economic volatility. The weakening of their financial foundations erodes their ability to deliver on their missions and betrays the trust of the Kazakhstani people, who have invested in these institutions through their taxes. The way forward requires not just recovering lost assets but rebuilding the governance systems that allowed this exploitation to occur. - Nazarbayev University was founded with a mission to serve as a model for higher education in Kazakhstan , supported by funds like those from the Nazarbayev Fund and New Generation Foundation. What was your original vision for the university, and how did these funds play a critical role in realizing that vision? The vision for NU was bold: to create an institution that could compete with the best universities in the world while serving as a model for higher education reform in Kazakhstan . From day one, we envisioned NU as a hub for innovation, research, and leadership development—a place where the brightest minds could come together to solve the challenges of tomorrow. However, one should not forget that universities, in particular research universities, are a long-term endeavor. They are meant to educate and develop generations upon generations of leaders and professionals in a broad range of sectors, and thus contribute to the scientific, economic, and societal wealth of countries. Building a strong institution that can meet the test of time requires long-term and unwavering commitments to foundational values such as integrity, meritocracy, excellence, openness and transparency. But of course, strong financial support from government and other stakeholders is needed, especially in the first decades. Thus, it was understood that NU would be dependent on state funding (through education grants and capital investments) for the initial decades of its existence, while in the meantime it would develop other sources of financing such as through endowment funds, tuition, and contract research. The Nazarbayev Fund, NGF and the Jusan Group were integral parts of this vision. This overall construct allowed us to recruit world-class faculty, develop state-of-the-art facilities, and provide scholarships to talented students, many from underprivileged backgrounds. These resources weren't just financial—they were a vote of confidence in NU's mission and a recognition of the transformative power of education. The loss of these resources is a significant setback, but I do hope that NU can recover. The university must focus on rebuilding trust with its stakeholders—students, faculty, alumni, and the public. This starts with transparency in financial management and governance. Diversifying funding sources will be crucial. This includes rebuilding its endowments, engaging with the philanthropic community, and developing innovative revenue streams. But most importantly, NU must stay true to its mission and values. Financial stability is important, but it must never come at the cost of compromising the university's integrity or academic excellence. Restoring NU's credibility begins with transparency. For instance, the university must share the audit report with stakeholders, and openly address any major shortcomings highlighted in the audit, including financial mismanagement and governance failures. An independent investigation, followed by public disclosure of findings, will demonstrate a commitment to accountability. Next, an affirmation of NU's commitment to its foundational values and principles is needed. Next, institutional reforms are essential. This includes introducing stronger oversight mechanisms for financial and administrative processes, ensuring that governance boards are staffed with individuals of the highest integrity and independence, and that management, faculty and staff are recruited on the basis of transparency and merit. Fourth, NU must recommit itself to its founding mission of academic excellence. This means maintaining rigorous admission standards, prioritizing high-quality faculty recruitment, and fostering research that addresses national and global challenges. And finally, engaging the NU community—students, faculty, alumni, and parents—in shaping the university's path forward is critical. A transparent, inclusive process will rebuild trust and reaffirm NU's position as a leader in higher education. Educational reform is not just critical—it is foundational to Kazakhstan's economic recovery and long-term stability. The pandemic exposed vulnerabilities in education systems worldwide, but it also underscored the importance of adaptability, innovation, and resilience. For Kazakhstan , investing in education means investing in the future. A well-educated population is essential for diversifying the economy, attracting foreign investment, and fostering innovation. Institutions like NU and NIS must lead the way by setting benchmarks for quality and demonstrating the value of education in driving economic progress. Moreover, reform must focus on equity. Expanding access to high-quality education for students from socially vulnerable backgrounds will ensure that economic recovery benefits all segments of society, not just the privileged few. - How do you see the role of institutions like NU and NIS in not only providing quality education but also contributing to economic growth in Kazakhstan , especially when financial stability is threatened? NU and NIS are more than educational institutions—they are catalysts for economic growth and social development. By equipping students with critical thinking skills, technical expertise, and a global perspective, they prepare the workforce needed to diversify Kazakhstan's economy. Their impact extends beyond classrooms. NU's research contributes to solving national challenges in areas like energy, healthcare, and technology. Meanwhile, NIS fosters innovation and leadership at the secondary education level, creating a pipeline of talent that benefits universities and industries alike. To sustain this role, NU and NIS must secure their financial stability. This includes strengthening governance, diversifying funding sources, and forging partnerships with the private sector and international organizations. These institutions are vital to Kazakhstan's future, and their success is intertwined with the country's broader economic ambitions. - Could the model used by NU and supported by the Nazarbayev Fund be applied in other countries, or does it require a uniquely Kazakh approach to work effectively? The NU model is innovative, but its core principles—integrity, meritocracy, autonomy, and a focus on global best practices—are universally applicable. Many countries could benefit from establishing institutions that prioritize excellence and align with international standards. That said, successful implementation depends on adapting the model to local contexts. Kazakhstan's approach benefited from strong initial financial and political backing, and a vision that emphasized independence from political and state bureaucratic interference. Replicating this requires careful consideration of governance structures, funding mechanisms, autonomy and other values, and cultural factors. In countries where philanthropic traditions or financial resources are limited, the model may need to rely more on public-private partnerships or international collaborations. Ultimately, the NU experience demonstrates that ambitious goals in education are achievable with the right vision, leadership, and long-term commitment support. - What lessons do you hope others will learn from the experience of the NGF, Jusan Bank , and the financial turmoil at NU? The story of NU and its financial affiliates offers a critical lesson: no institution, no matter how noble its mission, is immune to mismanagement and corruption without strong governance. NU and NIS' financial pillars, namely the Nazarbayev Fund, NGF, Jusan Group, but also the SDF and NIS' Corporate Development Fund were designed to guarantee long-term financial sustainability, yet their exploitation demonstrates how quickly trust can be eroded when transparency and accountability are neglected. For any endowment fund or financial institution, the following lessons are clear: NU's experience is a cautionary tale but also an opportunity. By addressing these failures head-on, NU can emerge as a model for how institutions can learn from adversity and rebuild stronger than before. View original content to download multimedia: https://www.prnewswire.com/news-releases/nazarbayev-university-crisis-shigeo-katsu-demands-audit-transparency-302338886.html SOURCE EU Reporter
Small businesses have long been the backbone of economies around the world, driving innovation, creating jobs, and contributing to local communities. However, managing finances can be a daunting task for many small business owners, especially when it comes to navigating tax regulations and compliance requirements. By joining forces with Intuit, Amazon is poised to revolutionize the way small businesses handle their financial operations.SIR Rod Stewart earns his stripes after sticking up for wife Penny over her Gregg Wallace run-in — and enjoys a night out as a reward. The 79-year-old singer and Penny, 53, partied at Annabel’s private members club in Mayfair, central London, on Friday night. 2 MasterChef co-host Gregg stepped down from his role following an abuse scandal across numerous shows Credit: Getty It came after MasterChef co-host Wallace, 60, stepped down from his role. We told on Friday how Rod had called him a “tubby, bald-headed, ill-mannered bully” for “humiliating” Penny on the celeb show in 2021. Earlier this week, Rod slammed Gregg as a 'bully' in an online post. Gregg was first accused of making "inappropriate sexual comments" to a female BBC staffer on Impossible Celebrities. READ MORE ON GREGG WALLACE GREGG PROBE LATEST Major update on Gregg Wallace probe as string of new allegations emerge ON AIR HORROR Gregg Wallace yelled 'you stupid cow' after groping me on MasterChef set Some 13 people who worked with Gregg across a range of shows over a 17-year period have now accused him of making sexual comments, the BBC confirmed today. The Baby Jane hitmaker took to social media on Thursday to hit out at Gregg for his treatment towards his wife Penny. Former Loose Women panellist Penny appeared on BBC Celebrity MasterChef back in 2021. Rod shared a scathing post, claiming: "So Gregg Wallace gets fired from MasterChef. Good riddance Wallace. Most read in News TV BIG BREAK ‘Women would be safer if men were under curfew,’ actor on new house arrest show TELLY CLAIM MasterChef's Gregg Wallace steps aside as star accuses him of 'sexualised' joke TOP TELLY BBC Scotland's Christmas schedule revealed - including Sir Alex Ferguson doc BALLSED UP Lorraine apologises on air for using phrase she 'didn't know' was a swear word "You humiliated my wife when she was on the show, buy you had that but cut out didn't you? "You're a tubby, bald-headed, ill-mannered bully. "Karma got ya." 2 Sir Rod Stewart enjoyed a night out with Penny Lancaster after the singer blasted 'bully' Gregg Wallace for 'humiliating' her Credit: BackGrid Watch creepy moment MasterChef’s Gregg Wallace tells ‘distressed’ Strictly star ‘I don’t wear underwear’ and grabs his crotch
As the seminar drew to a close, attendees expressed their appreciation for the valuable insights gained, the connections made, and the actionable strategies discussed during the event. They left with a renewed sense of commitment to protecting intellectual property rights, advocating for stronger enforcement measures, and driving positive change in the e-commerce industry.In the world of table tennis, Wang Chuqin has cemented his status as a formidable force to be reckoned with. With an impressive total of 8825 points, Wang has secured the coveted number one spot in the world rankings, solidifying his position as a true table tennis legend.In a recent address, Turkey's President expressed the country's commitment to supporting the reconstruction efforts in Syria and facilitating the return of refugees to their homeland. This declaration comes at a crucial time as the Syrian conflict continues to impact millions of individuals, leading to a dire humanitarian crisis in the region.
In conclusion, the latest data on export growth highlights the resilience and dynamism of the economy, even in the face of external pressures. While the slowdown in growth rate may raise some concerns, the overall increase in export volume demonstrates the continued strength of the export sector. By understanding the nuances of the global economic environment and proactively addressing potential challenges, businesses can position themselves for long-term success in the competitive world of international trade.
In a shocking turn of events, Nezha Motors, a prominent automotive company known for its innovative electric vehicle designs, has found itself embroiled in a legal battle that has resulted in the company being named as the judgment debtor with an execution amount exceeding 9.11 million. The news has sent shockwaves through the automotive industry and raised questions about the financial stability of the once-thriving company.Surveillance tech advances by Biden could aid in Trump’s promised crackdown on immigration
However, the upward momentum was short-lived, as the market quickly reversed direction and started to decline. Investor concerns over escalating geopolitical tensions, uncertainty in global economic recovery, and potential policy changes led to profit-taking and selling pressure among traders. This sudden shift in sentiment caused the major indexes to falter and erase the morning gains.
In addition, Jack Ma's speech touched upon the theme of entrepreneurship and the power of small businesses in driving economic growth and job creation. Ma emphasized the role of entrepreneurs in spearheading innovation and driving positive change in society. This signal serves as a reminder of the pivotal role that small and medium-sized enterprises play in shaping the economic landscape and driving prosperity.
As the match unfolded, it became clear that this would be no ordinary competition. Every point was fiercely contested, with each player pushing themselves to the limit in pursuit of victory. The crowd erupted in cheers and gasps as the momentum of the game swung back and forth, with neither player willing to back down.As the mushroom cultivation project expanded, Mr. Zhang invested in advanced equipment and facilities to increase production capacity. He also enlisted the help of local farmers to collect straw from nearby fields, creating a symbiotic relationship between his furniture factory and the agricultural community.
Stocks closed higher on Wall Street ahead of the Christmas holiday, led by gains in Big Tech stocks. The S&P 500 added 1.1% Tuesday. Trading closed early ahead of the holiday. Tech companies including Apple, Amazon and chip company Broadcom helped pull the market higher. The Dow Jones Industrial Average rose 0.9%, and the Nasdaq composite climbed 1.3%. American Airlines shook off an early loss and ended mostly higher after the airline briefly grounded flights nationwide due to a technical issue. Treasury yields held steady in the bond market. On Tuesday: The S&P 500 rose 65.97 points, or 1.1%, to 6,040.04. The Dow Jones Industrial Average rose 390.08 points, or 0.9%, to 43,297.03. The Nasdaq composite rose 266.24 points, or 1.3%, to 20,031.13. The Russell 2000 index of smaller companies rose 22.42 points, or 1%, to 2,259.85 For the week: The S&P 500 is up 109.19 points, or 1.8%. The Dow is up 456.77 points, or 1.1%. The Nasdaq is up 458.53 points, or 2.3%. The Russell 2000 is up 17.48 points, or 0.8%. For the year: The S&P 500 is up 1,270.21 points, or 26.3%. The Dow is up 5,607.49 points, or 14.9%. The Nasdaq is up 5,019.77 points, or 33.4%. The Russell 2000 is up 232.78 points, or 11.5%.The US and Israel have long been vocal critics of the Assad regime, accusing it of human rights abuses, supporting terrorism, and destabilizing the region. Both countries have been involved in efforts to oust Assad from power, providing support to opposition groups and imposing sanctions on the Syrian government. Therefore, when Assad finally resigned, it was only natural for the US and Israel to try to capitalize on the situation and present themselves as the driving force behind his downfall.
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BIG TEN THIS WEEKSurveillance tech advances by Biden could aid in Trump’s promised crackdown on immigration