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Aston Villa march on in Champions League after beating RB LeipzigMEMPHIS, Tenn. (AP) — Colby Rogers scored 28 points and Moussa Cisse had 13 points, 11 rebounds and three blocks as Memphis defeated No. 16 MIssissippi 87-70 on Saturday. PJ Haggerty finished with 17 points as Memphis (10-3) won for the third time in four games. Sean Pedulla led Ole Miss (11-2) with 13 points and four assists. Jaylen Murray scored 12 and Malik Dia 11 as the Rebels had their five-game winning streak halted. Memphis' defense caused early problems for the Rebels, and the Tigers extended their lead to double digits. But, Ole Miss made five straight field goals, including a string of 3-pointers, to get back into the game before halftime, trailing by just two points at the break. The Tigers opened the second half on a 14-4 run and extended their lead to as many as 13 points near the midway point of the second half. Ole Miss: The Rebels are 24-2 in non-conference games since Chris Beard took over last season, the only other loss to Purdue on Nov. 29. Memphis: The Tigers entered with two straight home losses, to Arkansas State and Mississippi State. From the start, Cisse played inspired. The first play was set up for a Cisse dunk, part of Memphis getting off to a good start. His inside game complemented Rogers' scoring from the outside. Ole Miss commits less than nine turnovers a game while forcing 16.7 per game for opponents. The Memphis defense caused eight Rebel miscues before halftime. While the Rebels cut down on the turnovers in the second half, Memphis defenders continued to cause problems. Ole Miss opens SEC play on Jan. 4 against Georgia. Memphis travels to Florida Atlantic on Thursday. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketball Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.From its presale introduction, RXS has shown remarkable expansion, tripling its price and raising over $16.84 million as of stage 8 of its presale priced at $0.10 as of writing. RXS has attracted the interest of investors ready to ride its exponential development path since optimistic projections point to a possible 180,000% rise. This article will explore Rexas Finance’s price prediction for the next bull run and calculate how much you need to invest to become a millionaire. Rexas Finance (RXS): Revolutionizing Finance with Blockchain Technology By providing a mechanism allowing users to tokenize actual assets, Rexas Finance (RXS) is transforming the scene of cryptocurrencies. Investors can purchase, sell, and fractionalize assets including real estate, commodities, and intellectual property with Rexas Finance using a distributed system that guarantees transparency and security. This creative approach opens chances for worldwide involvement in once unreachable ventures by solving the long-standing problem of asset liquidity in conventional marketplaces. Particularly following an assessment carried out by Certik, a top blockchain security company, the token has acquired credibility and respect. This audit has given investors confidence in the dependability of the project, therefore laying the basis for its success. Furthermore, Rexas Finance has gained a lot of interest with its $1 million giving campaign, which drew over 315,000 people. RXS is a unique competitor in the crypto scene since the momentum of the project keeps growing as the presale advances. Click Here To Buy Rexas Finance (RXS) Presale Rexas Finance Price Prediction for the Next Bull Run Driven by its innovative use and increasing acceptance, Rexas Finance (RXS) has quite optimistic price forecasts. Analysts predict the token to climb from its present presale price of $0.10 to $0.20 upon launching, therefore providing an instant 2x return. Still, the most interesting forecasts have RXS at $180 during the next bull run—a 1,800x rise from its presale value. Rexas Finance's special position in the fast-expanding RWA tokenizing sector drives this ambitious projection. RXS is positioned to take a big chunk of this developing industry as more investors look for distributed solutions for asset management. Moreover, the token's ability to facilitate flawless worldwide asset transfers guarantees continuous demand, therefore its long-term price development is quite realistic. How Much Should You Invest in RXS to Become a Millionaire? We take into account the expected rise of RXS from $0.10 to $180, which represents a multiplier of 1,800x, therefore determining the required investment to reach $1 million. Given this, an investor would have to retain enough RXS tokens to reach this goal during the next bull run. With an investment of roughly $555.56 at the current presale pricing of $180 per token, one may potentially see $1,000,000 grown. This computation presumes you bought 5,555 RXS tokens during the presale. Higher investments will greatly boost returns for those hoping for even more riches. Investing $1,000, for example, may result in $1.8 million; a $2,000 investment might increase to $3.6 million. These numbers show the transforming power of Rexas Finance for early-acting investors. Moreover, the success of its presale—which has already generated $16.84 million—showcases the great trust of investors in the project. The Certik audit guarantees users that the platform follows high-security criteria, therefore strengthening its reputation. Furthermore, Rexas Finance's $1 million gift campaign has expanded its popularity and attracted hundreds of players thereby confirming its ranking as a major crypto competitor. These elements make RXS appealing to investors looking for large gains during the next bull run. Its leadership in the expanding RWA tokenization scene comes from its mix of creativity, dependability, and market demand. Conclusion For those looking for financial freedom, Rexas Finance (RXS) is a perfect investment since it is expected to yield amazing profits in the upcoming crypto bull run. Strong presale success and an ambitious vision along with its creative approach to RWA tokenization helped to establish it as one of the most exciting coins on the market. RXS presents unmatched development potential with a forecasted 180,000% to $180 per token rise. You can stake in this ground-breaking enterprise for as low as $555.56 and start down the road toward millionaire status. Acting now not only increases your returns but also helps you to be the leading edge in the next significant crypto revolution. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Disclaimer: The above is a contributor post, the views expressed are those of the contributor and do not represent the stand and views of Outlook Editorial
PHILADELPHIA, PA / ACCESSWIRE / December 10, 2024 / abrdn Emerging Markets Equity Income Fund, Inc. (NYSE American:AEF) announces results of a strategic review conducted by the Fund's Board of Directors (the "Board") at a meeting held today. The Board has approved multiple changes to the Fund including: (1) changes to the Fund's name and 80% non-fundamental investment policy; (2) a 20% tender offer to be offered in the first quarter of 2025; (3) a new 3-year performance-based conditional tender offer policy commencing on March 1, 2025; and (4) an increase to its annualized distribution rate from 6.5% to 10% effective with the distribution that will be declared in March 2025. Fund Name Change and Changes to Non-Fundamental Investment Policy The Fund's Board has approved changes to the Fund's name, its non-fundamental 80% investment policy, and its benchmark, as set forth below. There will be no change to the Fund's investment objective and the Fund will continue to trade on the NYSE American under ticker symbol "AEF". The name change and change to the 80% investment policy will be effective on or about February 24, 2025 (the "Effective Date") following 60 days' notice to Fund shareholders and may only be changed thereafter by the Board of the Fund following the provision of at least 60 days' written notice to the Fund's shareholders. In approving the strategy and name change, the Board considered, among other factors, that as the only U.S. closed-end fund currently offering the emerging market ex-China strategy, the Fund will be less driven by the policy actions of the Chinese government, and more driven by stock fundamentals, which aligns with Management's style of bottom-up investing. The Fund will remain a non-diversified, closed-end management investment company whose objective is to provide both current income and long-term appreciation. Tender Offer The Fund is also announcing approval by the Board to pay a cash tender offer which will purchase up to 20% of the Fund's issued and outstanding shares at a price per share to be equal to 98% of the Fund's NAV per share as determined by the Fund on the next business day following the expiration date of the tender offer (the "2025 Tender Offer"). This 2025 Tender Offer will replace the Fund's current conditional tender offer policy announced in May 2023. Further details and timing will be announced ahead of the Effective Date of the Fund's investment strategy changes. Update to the Fund's Conditional Tender Offer Policy As part of the Board's commitment to shareholders relating to the investment strategy changes, the Board has adopted a policy (the "Policy") pursuant to which it will cause the Fund to conduct a one-time tender offer for twenty percent (20%) of its then issued and outstanding shares of common stock on or before June 30, 2028, if the Fund's total return investment performance measured on a NAV basis does not equal or exceed the total return investment performance of the MSCI Emerging Markets ex-China Index (Net Daily Total Return) during the period commencing on March 1, 2025 and ending on February 28, 2028. The price at which shares are to be tendered and other terms and conditions of such tender offer would be determined by the Board in its discretion based on its review and consideration of the then-current size of the Fund, market conditions and other factors it deems relevant. Annualized Distribution Rate Increase and Declaration of Next Distribution The Fund is also announcing that, as part of the strategic changes, the Board approved an increase to its annualized distribution rate from 6.5% to 10%, commencing with the quarterly distribution payable in March 2025. The actual amount of the distribution will continue to be based on the average daily net asset value ("NAV") for the previous three months as of the month-end prior to declaration. The Fund intends to maintain the increased distribution rate for at least the 12 months following the effective increase, unless there is a significant and unforeseen change in market conditions. This policy will be subject to regular review by the Board. The policy is expected to provide a steady and sustainable quarterly cash distribution to Fund shareholders that may help reduce any discount to NAV at which the Fund's shares trade. There is no assurance that the Fund will achieve these results. Important Information At the end of each calendar year, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of the Fund's distributions and provide information with respect to their appropriate tax treatment for the prior calendar year. You should not draw any conclusions about the Fund's investment performance from the amount of the distributions. Circular 230 disclosure: To ensure compliance with requirements imposed by the U.S. Treasury, we inform you that any U.S. tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code of 1986, as amended, or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein. In the United States, abrdn is the marketing name for the following affiliated, registered investment advisers: abrdn Inc., abrdn Investments Limited, and abrdn Asia Limited. Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the NAV of the Fund's portfolio. There is no assurance that the Fund will achieve its investment objective. Past performance does not guarantee future results. www.abrdnaef.com ### For More Information Contact: abrdn U.S. Closed-End Funds Investor Relations 1-800-522-5465 Investor.Relations@abrdn.com SOURCE: abrdn Emerging Markets Equity Income Fund, Inc. View the original on accesswire.com
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Beverly Hills, California — Democrats, who are about to be locked out of power in Washington as Republicans take control of all three branches of government in January, see the state capitals run by Democratic governors as the clearest path of resistance to President-elect Donald Trump's second term. The 16 governors and three governors-elect who gathered for their annual conference in Los Angeles this past weekend welcomed areas of compromise they can find with a Trump White House, but they're already planning which fights to pick and are considering how they'll proceed. Many of the governors at the conference were elected during the blue wave in 2018 and have experience working with a Trump White House, particularly during the COVID-19 pandemic. "We were able to find ways," said Kansas Gov. Laura Kelly, who was one of these governors and serves as the chair of the Democratic Governors Association. "We really took a positive approach to it, and this time around, I think we'll end up doing the same thing, because really, we have no idea what's coming down. So, we'll evaluate it as it comes to us." Politically, Democratic governors are also primed to fill a leadership vacuum in the party in the coming years. Some potential 2028 presidential candidates have already been taking action. In early December, California Gov. Gavin Newsom launched a special session to "safeguard California values" and bolster funds for legal defenses against potential federal actions on abortion, climate and immigration. A week after the election, Illinois Gov. J.B. Pritzker partnered with Colorado Gov. Jared Polis to start the "Governors Safeguarding Democracy" group, a think tank to create a "toolbox" of policies and responses to Trump's presidency. "Anything that's happening right now in Washington, states are gonna be the front line of defense on that," said Democratic strategist Corey Platt, who was the DGA's political director from 2013 to 2018. "There's always a disconnect from voters to D.C. Folks are always angry at D.C., and yet, states have to make things work every day." No "perfect answer" for 2024 losses Still fresh in the minds of these governors were the party's widespread losses in the 2024 election. North Carolina Attorney General Josh Stein's victory in the governor's race was an electoral bright spot for Democrats in the battleground state, where Vice President Kamala Harris lost by 3 points. He said he didn't "have a perfect answer" on why he won (though his scandal-plagued GOP opponent helped give him an advantage) and Harris lost. Stein blamed a "tough national environment," but noted that his state often splits their ticket: in seven of the last nine presidential elections, North Carolina has voted for a Republican for president and a Democrat for governor. "People were definitely anxious economically, because they were seeing and feeling price increases," he said. "Typically, when you're unhappy, you blame the party that's in control of the White House. Even if it's not nationally their fault." New Jersey and Virginia, a potential flip opportunity for Democrats, have off-year gubernatorial elections in 2025. The 2026 map is vast, with 36 states electing governors. Several of those states, such as Georgia, Nevada and New Hampshire, could be targeted pickups for the party. Kentucky Gov. Andy Beshear will be taking over as DGA Chair in 2026. "Lifting up as many people as we can that are running on these common sense, common ground areas that people care about the most, will also create that critical mass for people to say the Democratic Party is for working people," said Beshear, the rare Democratic governor who has won in a Republican state. Platt, a former DGA political director, agreed that the 2026 gubernatorial races can help find "the good surrogate for Democratic policy and Democratic ideas that has empathy, that folks can understand." He added that while a large number of governors are going to be "in that conversation" as the party recalibrates, it won't just be them. "We're gonna need leaders that can speak to real people," he said. "It doesn't happen because of a poll. It doesn't happen because of a tactic. It's real and authentic, and I'm excited to see how that happens." Courtney Alexander, communications director for the Republican Governors Association, opposes potential attempts by Democratic governors to counter the incoming Trump administration. "The fact that Americans resoundingly rejected the Democratic Party agenda just one month ago, and yet Democrats continue to believe running against an agenda of lower costs, more safety, and more freedom is their winning message shows just how wholly out of touch they are with the country," Alexander told CBS News. Trump's mass deportation plan Some governors are laying the groundwork to counter Trump's plans for mass deportations of undocumented immigrants. Trump said in an interview with NBC News' " Meet the Press " that deporting undocumented migrants who are convicted criminals is the first priority in his mass deportation plan, but other, nonviolent undocumented migrants may also be subject to removal. "I think you have to do it, and it's a hard — it's a very tough thing to do. But you have to have, you know, you have rules, regulations, laws. They came in illegally," Trump said. New Mexico Gov. Michelle Lujan Grisham said while she'd accept federal assistance to help locate and deport undocumented migrants who are convicted criminals, there would be "zero way" she'd cooperate with a broader mass deportation plan. She noted her control over the state police force, said she wouldn't grant licenses for physical detentions, and said providing the federal government private information about undocumented residents would endanger transgender residents or women who travel from states with abortion bans. "I don't doubt that he will make every effort," Lujan Grisham said about Trump and his mass deportation plan. "He's going to have trouble executing that. But I also am not Pollyanna about how serious [he is].... I take him at his word, which is why I know what I must do and will do. And let's see if my strategy works the way that I think it will across the country." Kelly said she would not permit the Kansas National Guard "to perform that kind of service" and said it's not the job of the Kansas State Police either. "No doubt, if there are things they push us to do that we think are wrong or illegal, we'll draw the line," said Kelly. Stein, who will be taking office as North Carolina governor in January, said the mass deportation of all undocumented migrants in his state "would create real economic challenges," but he has doubts about how likely it is that the mass deportations will be implemented. "[Trump] is a master of saying something and creating a great deal of noise, and then the reality may be different. I'm going to wait to see exactly what it is he ultimately proposes," Stein said. Aaron Navarro is a CBS News digital reporter covering the 2024 elections. He was previously an associate producer for the CBS News political unit in the 2021 and 2022 election cycles.
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Aston Villa march on in Champions League after beating RB LeipzigJustin Herbert threw three touchdowns as the Los Angeles Chargers booked their place in the NFL playoffs with a blowout 40-7 win at the New England Patriots on Saturday. The Patriots, who suffered a sixth straight loss, were booed off the field by the remaining fans at Gillette Stadium as they fell to 3-13 on the season. But for the Chargers it was a job well done as the confident Herbert ensured a second post-season place in three seasons with another accomplished quarterback display. Herbert completed 28 of 38 passes and threw for 281 yards against a Patriots defense that caused few issues against the passing game. The Chargers took the lead late in the first quarter thanks to a beautiful 23-yard Herbert pass, superbly caught by the diving Derius Davis. After a Cameron Dicker field goal early in the second, Herbert found rookie receiver Ladd McConkey at the back of the end-zone with a pinpoint pass to make it 17-0. Patriots rookie quarterback Drake Maye had been forced out of the game in the first quarter after suffering a hit to the head by Cam Hart when running down the sideline. But Maye, who had been cleared to return for the second quarter, showed he was in good shape with a fine 36-yard touchdown pass to DeMario Douglas to give the Patriots some hope. But the Chargers ran away with the game with Herbert again connecting with McConkey, this time with a 40-yard pass down the middle and a two-yard rush from J.K Dobbins in the fourth completed the rout. Herbert's performance meant he set a new record for the most passing yards in the first five years of an NFL career -- passing Peyton Manning's tally of 20,618 yards. But the quarterback, who has yet to win a playoff game, was quick to give credit for his achievement to his team-mates. "It says so much about the guys we had catching those passes and a great offensive line giving me the time to get the ball off and (the defense) getting me the ball back," he said. "I couldn't have done it without them," he added. The Denver Broncos can clinch a place in the playoffs when they face the Bengals in Cincinnati later on Saturday. sev/nf
New figures have revealed people were scammed out of £612m through investment fraud last year, with criminals now using famous faces to gain trust. Ann Jensen, from Salisbury in Wiltshire, fell victim to a fake investment opportunity she thought was being promoted by Prime Minister Sir Keir Starmer. Once the fraudsters had persuaded Ms Jensen to take out a £20,000 loan to prove her financial fluidity, she never heard from them again. She described the realisation she had been scammed as having a "physical reaction" as though her "body had gone to liquid". Investment scammers trick people into thinking they are putting their money into a financial scheme that will grow, such as cryptocurrency, when they are just taking off with their cash. Ms Jensen told BBC Morning Live how she got hooked on one of these fraudulent schemes after scammers used deepfake technology to mimic the Prime Minister. “It was Keir Starmer talking about the benefit of this wonderful investment opportunity," she said. "That if you put in £200 you could start to make money on crypto trading. I clicked on it.” The fraudsters convinced Ms Jensen her initial investment had grown to more than £2,500 and persuaded her to take out a loan to prove she had enough funds to make more cryptocurrency, assuring her she would get this money back. But once the cooling-off period for the loan had passed Ms Jensen could no longer get in contact with the fraudsters. “[The shock] was a physical sensation," she said. "It felt as though my whole body had gone to liquid or air." Ms Jensen's bank said that she is liable for the loans and she owes them £23,000. She has agreed to pay it back in instalments for the next 27 years. “I never actually admitted to feeling stupid, because I don’t believe I am," she said. "But I do believe I was a victim of a crime, and I hadn’t actually processed that until afterwards. It’s tainted me for life.” Dr Jan Collie, an expert in cybersecurity at The Open University, explained how the criminals are hooking people in with artificial intelligence (AI). "When it’s someone as well-known as Keir Starmer, there’s lots of video that exists of him," she said. "They throw it into the AI engine and it learns his mannerisms, facial expressions and then it can clone the voice. "People are more inclined to believe personalities, it feels more comfortable and seems more real.” Dr Collie advised there are certain things to look for when spotting one of these cons, such as pixelation and unrealistic or mismatched movements. Follow BBC Wiltshire on Facebook , X and Instagram . Send your story ideas to us on email or via WhatsApp on 0800 313 4630 .