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Mrs. Wang, a sprightly octogenarian known for her warm smile and friendly demeanor, left her house in the morning to run errands at the local market. However, as she made her way back home in the afternoon, she took a wrong turn and soon found herself lost in an unfamiliar part of town. Despite her advanced age and the searing heat, Mrs. Wang pressed on, determined to find her way back.What sets the "Patient Capital Fund" apart from traditional investors is its patient and long-term approach to investing. Instead of seeking quick returns or short-term gains, the fund focuses on building lasting relationships with its portfolio companies and providing them with the resources and support they need to succeed in the long run. This patient capital philosophy has enabled the fund to weather market downturns and economic uncertainties, while staying true to its commitment to value creation and sustainable growth.
Eddie Howe says ‘a lot more to come’ from Newcastle striker Alexander IsakDavid Hilzenrath, Jodie Fleischer, Cox Media Group | (TNS) KFF Health News In March, newly installed Social Security chief Martin O’Malley criticized agency “injustices” that “shock our shared sense of equity and good conscience as Americans.” He promised to overhaul the Social Security Administration’s often heavy-handed efforts to claw back money that millions of recipients — including people who are living in poverty, are elderly, or have disabilities — were allegedly overpaid, as described by a KFF Health News and Cox Media Group investigation last year. “Innocent people can be badly hurt,” O’Malley said at the time. Nearly eight months since he appeared before Congress and announced a series of policy changes, and with two months left in his term, O’Malley’s effort to fix the system has made inroads but remains a work in progress. For instance, one change, moving away from withholding 100% of people’s monthly Social Security benefits to recover alleged overpayments, has been a major improvement, say advocates for beneficiaries. “It is a tremendous change,” said Kate Lang of Justice in Aging, who called it “life-changing for many people.” The number of people from whom the Social Security Administration was withholding full monthly benefits to recoup money declined sharply — from about 46,000 in January to about 7,000 in September, the agency said. Asked to clarify whether those numbers and others provided for this article covered all programs administered by the agency, the SSA press office did not respond. Another potentially significant change — relieving beneficiaries of having to prove that an overpayment was not their fault — has not been implemented. The agency said it is working on that. Meanwhile, the agency seems to be looking to Congress to take the lead on a change some observers see as crucial: limiting how far back the government can reach to recover an alleged overpayment. Barbara Hubbell of Watkins Glen, New York, called the absence of a statute of limitations “despicable.” Hubbell said her mother was held liable for $43,000 because of an SSA error going back 19 years. “In what universe is that even legal?” Hubbell said. Paying down the overpayment balance left her mother “essentially penniless,” she added. In response to questions for this article, Social Security spokesperson Mark Hinkle said legislation is “the best and fastest way” to set a time limit. Establishing a statute of limitations was not among the policy changes O’Malley announced in his March congressional testimony. In an interview at the time, he said he expected an announcement on it “within the next couple few months.” It could probably be done by regulation, without an act of Congress, he said. Speaking generally, Hinkle said the agency has “made substantial progress on overpayments,” reducing the hardship they cause, and “continues to work diligently” to update policies. The agency is underfunded, he added, is at a near 50-year low in staffing, and could do better with more employees. The SSA did not respond to requests for an interview with O’Malley. O’Malley announced the policy changes after KFF Health News and Cox Media Group jointly published and broadcast investigative reporting on the damage overpayments and clawbacks have done to millions of beneficiaries. When O’Malley, a former Democratic governor of Maryland, presented his plans to three congressional committees in March, lawmakers greeted him with rare bipartisan praise. But the past several months have shown how hard it can be to turn around a federal bureaucracy that is massive, complex, deeply dysfunctional, and, as it says, understaffed. Now O’Malley’s time may be running out. Lang of Justice in Aging, among the advocacy groups that have been meeting with O’Malley and other Social Security officials, said she appreciates how much the commissioner has achieved in a short time. But she added that O’Malley has “not been interested in hearing about our feelings that things have fallen short.” One long-standing policy O’Malley set out to change involves the burden of proof. When the Social Security Administration alleges someone has been overpaid and demands the money back, the burden is on the beneficiary to prove they were not at fault. Cecilia Malone, 24, a beneficiary in Lithonia, Georgia, said she and her parents spent hundreds of hours trying to get errors corrected. “Why is the burden on us to ‘prove’ we weren’t overpaid?” Malone said. It can be exceedingly difficult for beneficiaries to appeal a decision. The alleged overpayments, which can reach tens of thousands of dollars or more, often span years. And people struggling just to survive may have extra difficulty producing financial records from long ago. What’s more, in letters demanding repayment, the government does not typically spell out its case against the beneficiary — making it hard to mount a defense. Testifying before House and Senate committees in March, O’Malley promised to shift the burden of proof. “That should be on the agency,” he said. The agency expects to finalize “guidance” on the subject “in the coming months,” Hinkle said. The agency points to reduced wait times and other improvements in a phone system known to leave beneficiaries on hold. “In September, we answered calls to our national 800 number in an average of 11 minutes — a tremendous improvement from 42 minutes one year ago,” Hinkle said. Still, in response to a nonrepresentative survey by KFF Health News and Cox Media Group focused on overpayments, about half of respondents who said they contacted the agency by phone since April rated that experience as “poor,” and few rated it “good” or “excellent.” The survey was sent to about 600 people who had contacted KFF Health News to share their overpayment stories since September 2023. Almost 200 people answered the survey in September and October of this year. Most of those who said they contacted the agency by mail since April rated their experience as “poor.” Jennifer Campbell, 60, a beneficiary in Nelsonville, Ohio, said in late October that she was still waiting for someone at the agency to follow up as described during a phone call in May. “VERY POOR customer service!!!!!” Campbell wrote. “Nearly impossible to get a hold of someone,” wrote Kathryn Duff of Colorado Springs, Colorado, who has been helping a disabled family member. Letters from SSA have left Duff mystified. One was postmarked July 9, 2024, but dated more than two years earlier. Another, dated Aug. 18, 2024, said her family member was overpaid $31,635.80 in benefits from the Supplemental Security Income program, which provides money to people with little or no income or other resources who are disabled, blind, or at least 65. But Duff said her relative never received SSI benefits. What’s more, for the dates in question, payments listed in the letter to back up the agency’s math didn’t come close to $31,635.80; they totaled about a quarter of that amount. Regarding the 100% clawbacks, O’Malley in March said it’s “unconscionable that someone would find themselves facing homelessness or unable to pay bills, because Social Security withheld their entire payment for recovery of an overpayment.” He said that, starting March 25, if a beneficiary doesn’t respond to a new overpayment notice, the agency would default to withholding 10%. The agency warned of “a short transition period.” That change wasn’t automated until June 25, Hinkle said. The number of people newly placed in full withholding plummeted from 6,771 in February to 51 in September, according to data the agency provided. SSA said it would notify recipients they could request reduced withholding if it was already clawing back more than 10% of their monthly checks. Nonetheless, dozens of beneficiaries or their family members told KFF Health News and Cox Media Group they hadn’t heard they could request reduced withholding. Among those who did ask, roughly half said their requests were approved. According to the SSA, there has been almost a 20% decline in the number of people facing clawbacks of more than 10% but less than 100% of their monthly checks — from 141,316 as of March 8 to 114,950 as of Oct. 25, agency spokesperson Nicole Tiggemann said. Meanwhile, the number of people from whom the agency was withholding exactly 10% soared more than fortyfold — from just over 5,000 to well over 200,000. And the number of beneficiaries having any partial benefits withheld to recover an overpayment increased from almost 600,000 to almost 785,000, according to data Tiggemann provided. Lorraine Anne Davis, 72, of Houston, said she hasn’t received her monthly Social Security payment since June due to an alleged overpayment. Her Medicare premium was being deducted from her monthly benefit, so she’s been left to pay that out-of-pocket. Davis said she’s going to need a kidney transplant and had been trying to save money for when she’d be unable to work. Related Articles National News | California student passes state bar at a record 17 years, 8 months old National News | Even blue states are embracing a tougher approach to crime National News | US budget airlines are struggling. Will pursuing premium passengers solve their problems? National News | Supreme Court allows multibillion-dollar class action to proceed against Meta National News | Today in History: November 22, John F. Kennedy is assassinated in Dallas A letter from the SSA dated April 8, 2024, two weeks after the new 10% withholding policy was slated to take effect, said it had overpaid her $13,538 and demanded she pay it back within 30 days. Apparently, the SSA hadn’t accounted for a pension Davis receives from overseas; Davis said she disclosed it when she filed for benefits. In a letter to her dated June 29, the agency said that, under its new policy, it would change the withholding to only 10% if she asked. Davis said she asked by phone repeatedly, and to no avail. “Nobody seems to know what’s going on” and “no one seems to be able to help you,” Davis said. “You’re just held captive.” In October, the agency said she’d receive a payment — in March 2025. Marley Presiado, a research assistant on the Public Opinion and Survey Research team at KFF, contributed to this report. ©2024 KFF Health News. Distributed by Tribune Content Agency, LLC.
The situation in Syria has been mired in violence and chaos for many years, with multiple factions vying for control of different areas and conflicting interests clashing on a daily basis. The presence of foreign powers, including Israel, Iran, and Russia, has further complicated the situation, with each country pursuing its own objectives in the conflict.The clash between Real Madrid and Serie A leaders promises to be an intriguing tactical battle, with both teams possessing the quality to hurt each other on the counter-attack. Real Madrid will look to dominate possession and dictate the tempo of the game, while the Italian side will be looking to soak up pressure and hit their opponents on the break. It will be a contest of wits between two experienced coaches in Ancelotti and his counterpart as they seek to outsmart each other and claim the coveted three points.Salah's performances in November have further solidified his status as one of the top players in the Premier League and a key figure in Liverpool's pursuit of success this season. His skill, determination, and impact on the pitch make him a deserving recipient of the PFA Fans' Player of the Month award.
How to watch Los Angeles Rams vs. New York Jets: TV channel, streaming info
Report: Iowa CB Jermari Harris opts out of rest of seasonJimmy Carter's 1977-1981 presidency included successes like the Camp David peace accords, but also enough controversy for US voters to see him as weak -- and send him packing after only one term. Carter's legacy however was largely built on his post-presidency, the longest in US history. Here are a few key moments in the life of Carter, who died Sunday at the age of 100. During his first year in office, Carter went back on a campaign promise and decided to hand back management of the Panama Canal -- which had been in US military control since its construction at the start of the 20th century. "Fairness, and not force, should lie at the heart of our dealings with the nations of the world," he said at the signing of the canal treaties with Panamanian leader Omar Torrijos on September 7, 1977. Carter was ridiculed for the move, which gave Panama control over the canal linking the Atlantic and Pacific Oceans at the end of 1999. History, however, has looked upon the deal as a deft bit of diplomacy. Giving Panama a meatier role in the canal's management in the run-up to the transfer allowed for stability, and broke with America's image as an overbearing imperialist power in Latin America. Reacting to Carter's death on Sunday, President Jose Mulino said the former US leader helped Panama achieve "full sovereignty of our country." Upon his arrival in the Oval Office, Carter looked to distance himself from the realpolitik practiced by his predecessors -- a vestige of the Cold War -- and placed human rights at the heart of his agenda. "Our principal goal is to help shape a world which is more responsive to the desire of people everywhere for economic well-being, social justice, political self-determination and basic human rights," he said in a 1978 speech at the US Naval Academy. In concrete terms, Carter notably signed the International Covenant on Civil and Political Rights in 1977. It was eventually ratified by the United States in 1992 after being blocked for years by the Senate. In September 1978, Carter invited Israeli premier Menachem Begin and Egyptian president Anwar Sadat to Camp David, the presidential retreat outside Washington. After 13 days of secret negotiations under Carter's mediation, two accords were signed that ultimately led to a peace treaty the following year. The diplomatic triumph was cited when Carter was awarded the Nobel Peace Prize. In the summer of 1979, the economy rocked by inflation and his approval rating in free fall, Carter addressed the American people in a nationwide televised speech on July 15. In that half-hour, he responded to his critics on his lack of leadership, instead laying the blame on a national "crisis of confidence." "The erosion of our confidence in the future is threatening to destroy the social and the political fabric of America," he said. The speech was poorly received and would come back to haunt him. Five cabinet members resigned that week. The hostage crisis -- more than 50 Americans were held for 444 days at the US embassy in Tehran from November 1979 to January 1981 -- was the death knell for Carter's presidency. A failed military rescue mission in April 1980 all but extinguished his chances of reelection later that year. Operation Eagle Claw was thwarted by sandstorms and mechanical problems -- eventually, the mission was aborted. In the subsequent withdrawal, two American aircraft collided, killing eight servicemen. In the following days, then secretary of state Cyrus Vance resigned, and the mission's failure symbolized Carter's inability to resolve the crisis. The hostages were eventually freed on the same day that Republican Ronald Reagan took office, after thumping Carter at the polls in November 1980. Carter remained extremely active into his 90s despite his retirement from political life. In 1982, he founded the Carter Center, which has focused on conflict resolution, promoting democracy and human rights, and fighting disease. Carter -- often viewed as America's most successful former president -- traveled extensively, supervising elections from Haiti to East Timor, and tackling thorny global problems as a mediator. Carter was also a member of The Elders, a group of former world leaders founded by Nelson Mandela in 2007 to promote peace and human rights. Fellow Nobel peace laureates South African Archbishop Desmond Tutu (who died in 2021), former Liberian president Ellen Sirleaf Johnson and the late UN secretary general Kofi Annan also belonged to the group.At the onset, the edits demanded by the for Iranian filmmaker Mohammad Rasoulof’s political thriller, The Seed of the Sacred Fig, may seem superficial—standard disclaimers relating to the use of cigarettes, and the addition of subtitles. However, a particular demand has not gone down well with all social media users. The Board has excised scenes depicting hijab-burning, a move that has sparked debate among cinephiles because the act was widely considered a symbol of resistance in Iran’s ‘Woman, Life, Freedom’ movement. An insider close to the Indian distribution team told mid-day, “We anticipated little resistance because the scenes must be viewed in the right context. The removal of the scenes is disappointing. Those moments are central to the story, symbolising the spirit of rebellion that the film seeks to highlight. Given the current climate, the CBFC was cautious about potential backlash, but cutting the scenes will feel like a compromise on artistic integrity.” Shot under secrecy in Iran, the film has achieved global acclaim, winning awards at Cannes and other major festivals. Producer Jean-Christophe Simon recounted the perilous journey of bringing the project to life. “Shooting [the film] felt like a thriller. There were moments when crew members had to pretend that they were working on an entirely different film, just to evade authorities,” he told Screen Daily. While the Indian censor’s decision is being seen by some as a pragmatic step in keeping with the political climate, others worry it will dilute the film’s impact. A team member involved in the post-production work called the demand “ironic”, further highlighting the changes demanded by the Board. “The story is about a judge navigating a system of control; yet the film itself faces censorship at every turn. It’s a reminder of how relevant the message is. The standard smoking disclaimers are strewn throughout the film. They deleted the word bast**d from the English subtitles. And, nearly two minutes of the film’s scenes have been tweaked,” the source laments.
As Ahmad dashed through the streets, his laughter echoed a sense of newfound freedom and elation that seemed to transcend the hardships he had endured. His radiant smile and carefree movements stood in stark contrast to the somber reality of the Syrian crisis, reminding onlookers of the resilience and strength of the human spirit.A Sooke, B.C., carpenter who turned $88,000 into $415 million investing in Tesla stocks, only to lose it all in short order, has filed a lawsuit against the Royal Bank of Canada and an accounting firm. Christopher DeVocht claims that RBC Dominion Securities Inc., RBC Wealth Management Financial Services Inc., and Grant Thornton LLP breached contracts, were negligent in their duties and gave "inadequate advice" that led to him going completely bust. None of DeVocht's allegations have been proven in court. According to the claim filed in B.C. Supreme Court, DeVocht was a small, part-time investor with a portfolio of mainly Tesla Inc. stocks and derivatives that was worth $88,000 at 2019 year-end. "As the value of Tesla stock grew rapidly during that period, Mr. DeVocht continued investing all of his money and the investment gains in put and call options for Tesla stock," says the claim. "By the end of February 2020, the indicated value of his securities portfolio was approximately $5.5 million CAD. By the end of June 2020, when he was 30 years old, the indicated value ... was approximately $26 million CAD, and rising rapidly." Tesla's Q1 net income down 55% year over year The claim goes on to say that DeVocht wanted to move out of his rental apartment and buy a residence. He contacted a representative at RBC Private Banking about obtaining a loan against the equity in his RBC trading account and was introduced to an RBC financial management adviser. He then entered an agreement with RBC for financial planning advice. At this point, his portfolio was valued at almost $50 million. The claim says RBC advisers failed to understand and support DeVocht's evolving wishes to "essentially retire" by liquidating his Tesla options and moving the wealth into secure investments that would generate passive income. Tesla stock on pace for worst year ever According to the claim, DeVocht was provided with an RBC margin account which allowed him to easily borrow money to make trades. He was also introduced to a tax adviser at Grant Thornton LLP. By April 2021, DeVocht's net worth had grown to $186 million, according to the claim. By November of the same year, his securities portfolios were worth $415 million. The claim says DeVocht was twice advised to donate to the RBC Charitable Gift Fund in order to obtain charitable tax credits, giving approximately $8.5 million in December 2020 and then another $17 million one year later. DeVocht claims that poor financial advice from RBC led him to lose hundreds of millions of dollars. (David Horemans/CBC) By October 2022, Tesla shares were in sharp decline, and DeVocht's investment holding company was forced to sell shares to repay loans from his RBC margin account. "In time, the plaintiffs' security holdings were worth nothing," states the claim. "But for the defendants' inadequate advice ... the plaintiffs would have preserved a substantial portion of their wealth and implemented financial planning that would not have resulted in the loss of their entire net worth." None of the defendants have filed a response. An RBC spokesperson said in a statement that the bank could not comment as the lawsuit is currently before the courts. A Grant Thornton LLP spokesperson said in an email that they generally do not comment on matters before the court, and said that to their knowledge, the company had not yet been served with DeVocht's lawsuit.
As Ahmad dashed through the streets, his laughter echoed a sense of newfound freedom and elation that seemed to transcend the hardships he had endured. His radiant smile and carefree movements stood in stark contrast to the somber reality of the Syrian crisis, reminding onlookers of the resilience and strength of the human spirit.
As Liu Shaoang continues to defy the odds and push the boundaries of what is possible in the sport, his journey serves as a powerful reminder of the enduring power of perseverance and determination. His transformation from a former rival of the Chinese national team to a dark horse rising in the final lap of his career is a testament to the resilience of the human spirit and the limitless potential that lies within each of us.
Despite these concerns, the general mood in the market remained upbeat and optimistic, with many investors hopeful that the strong start to the trading day was a promising sign of things to come. The record-breaking trading volume in the first 10 minutes of trading served as a powerful reminder of the resilience and dynamism of the A-shares market, and reinforced the notion that opportunities abound for those willing to take calculated risks and seize the moment.Over the course of 2024, China’s foreign trade development has maintained a good momentum, with overall quality and structure improvement and stable growth. The achievements have not come easily considering the current slowing global economic recovery, intensifying trade protectionism and intertwined geopolitical conflicts. China’s foreign goods trade increased by 4.9 percent year-on-year to reach 39.79 trillion yuan ($5.45 trillion) in the first 11 months of 2024, demonstrating stable growth and ongoing structural improvements, data from the General Administration of Customs (GAC) showed. “With the concerted efforts of both stock and incremental policies in the field, China is expected to end the year with a smooth performance in foreign trade and achieve the goal of stable quality and quantity,” Lü Daliang, spokesperson of the GAC, said at a press conference on December 10. While maintaining a stable growth in foreign trade, China also vowed to share its vast market with the world by boosting the expansion of imports, including policy support, platform construction and transport facilitation. In the first 11 months, China’s imports from all the least developed countries (LDCs) that have established diplomatic relations with China increased by 12.4 percent, nearly 10 percentage points higher than the overall growth rate of China’s imports, according to GAC data. Honey from Rwanda, wild aquatic products from Uganda, peanuts and sesame from Chad, fresh pine nuts from Afghanistan ... In 2024, more and more agricultural products have been exported to China, opening its market to more and more countries through major trade events and e-commerce. The 7th China International Import Expo (CIIE), held in November in Shanghai, featured 37 LDCs, with the event organizers providing more than 120 free exhibition booths specifically for businesses from these countries. “This is the second time that we have participated in the CIIE ... We have 30 companies coming to the expo this year compared with about 20 in 2023,” Kassim Kone, a delegate from the Mali Export Promotion Agency of the Ministry of Industry and Trade of Mali, told the Global Times, an indication of how Mali values this event. Bangladesh also showcased a variety of products at the 7th CIIE, ranging from leather to food. Some of these products are already being exported to China, Md Ziaur Rahman, the commercial counselor of the Embassy of Bangladesh in China, told the Global Times. “Since its launch, the CIIE has been providing facilitation for LDCs. For the past seven years, more and more products from LDCs have entered the Chinese market through the CIIE, which contributed to the industrial development and improvement of people’s livelihood in these countries,” Mao Ning, a spokesperson for the Ministry of Foreign Affairs, said on November 7 at a regular press conference. Shanghai launched the 2024 Shanghai Silk Road E-commerce Carnival in May 2024, under which Meione (Shanghai) Network Technology Co conducted a special promotion event exclusively for African products, selling raw materials such as cocoa cubes, coffee extracts and tea extracts from African countries, including Ethiopia, Kenya, Rwanda and Uganda, Meione said in a statement shared with the Global Times. China has been facilitating market access for more imports, especially for LDCs. Starting from December 1, 2024, China gave zero-tariff treatment for 100 percent tariff lines to LDCs. China is the first developing country and major global economy to implement this initiative, the Ministry of Commerce (MOFCOM) said. Regarding China’s zero-tariff treatment policy for LDCs, of which Bangladesh is one, Rahman said that “this policy will significantly promote trade for countries like ours, and we are very grateful for it.” “This demonstrates China’s commitment to forge a global development partnership, under which no country or individual should be left behind,” Zhu Qiucheng, CEO of Ningbo New Oriental Electric Industrial Development, an exporter of home furnishing products, told the Global Times on Friday. China’s foreign trade, while with increasing imports from more countries and keeping a stable growth in 2024, also improved its mix, with exports of high-quality and high-tech products particularly increased. Specifically, mechanical and electrical products accounted for nearly 60 percent of exports in the first 11 months, of which automatic data processing equipment and its parts, integrated circuits and automobiles exports grew by double digits, according to GAC data. Exports of the “new trio,” namely, electric vehicles, lithium-ion batteries, and photovoltaic products, have become China’s new business cards in the world. It means that in the “smile curve” of the global manufacturing industry, Chinese foreign trade enterprises are moving toward the upstream of the global value chain. The curve is called a “smile” because the two ends of the curve (R&D and after-sales service) have higher value, while the middle section (manufacturing) is relatively lower in terms of value creation. According to the latest data from China Automobile Dealers Association, China’s cumulative export volume of new-energy vehicles was 1.72 million units in the first 10 months of 2024, an increase of 15 percent year-on-year. “Compared with labor-intensive goods such as textiles and clothing, the ‘new trio’ represents technology-intensive products, which are transformed and upgraded to high-end, intelligent and green – meaning higher added value,” said Zhu. The transformation and upgrading of China’s economic and trade structure have been demonstrated through China-initiated trade events, such as the CIIE, the China Import and Export Fair (Canton Fair), and the China International Supply Chain Expo. The Canton Fair, for example, used to mainly showcase consumer goods. But in recent years, the proportion of intermediate and capital goods on display has increased to 12 percent, the Global Times learned from the organizer. In the machinery exhibition area where capital goods are concentrated, the number of booths has increased by more than 50 percent in the past five years. With increasingly advanced technologies, together with China’s world-leading manufacturing level and stable supply chains, Chinese enterprises are making high-tech products more affordable for the world, Liu Jinshi, chief engineer of Ston Robotics Changzhou Co, told the Global Times. While China’s position in the global trade market is gradually shifting to the middle and high-end in terms of industrial chains and value chains, the country’s trade partners are also diversifying. In particular, its trade with developing and emerging markets grew at a fast pace. In the first 11 months, China’s trade with countries participating in the Belt and Road cooperation saw a year-on-year increase of 6 percent, while that with ASEAN members rose by 8.6 percent. In this period, China’s foreign trade with Latin America increased by 7.9 percent and that with Africa up 4.8 percent, according to GAC. The foreign trade of goods this year showed a good performance, both from the perspective of trading partners and the structure of traded goods, Wan Zhe, an economist and professor at the Belt and Road School of Beijing Normal University, told the Global Times. “The export growth of products with high technologies is strong, reflecting the increasing quality of China’s industrial development,” said Wan. China’s economy has demonstrated strong resilience, great potential and vitality. The country is building a new economic development pattern of “dual circulation” with the domestic market as the mainstay and the domestic and overseas markets reinforcing each other and China is capable of resisting the impact of external shocks, Chinese Vice Commerce Minister Wang Shouwen, said on November 22 at a press conference. The State Council recently issued a package of policy measures aimed at promoting the stable growth of foreign trade, while the MOFCOM, the GAC and other departments launched specific measures to accelerate the integrated development of domestic and foreign trade, further optimize the business environment at ports, and promote the convenience of customs clearance for enterprises, said Lü. The recent Central Economic Work Conference further stressed efforts to promote high-standard opening up while keeping foreign trade and foreign investment stable as being one of the key tasks for 2025, according to the Xinhua News Agency. “Looking ahead, favorable conditions are stronger than unfavorable factors, such as declining global demand and growing trade barriers and protectionism. There is a basis and support for China to achieve steady growth of imports and exports,” said Zhu. Source: Global TimesCHARLOTTE, N.C. — Detroit guard Cade Cunningham left Thursday night’s game in Charlotte in the final minute of regulation due to a left hip injury and did not play in overtime as the Pistons fell to the Hornets. Cunningham fell hard to the floor after getting fouled by Grant Williams with 48 seconds left in the game. He made both free throws to briefly give the Pistons the lead before leaving, and the Pistons lost 123-121. Pistons head coach J.B. Bickerstaff offered no update on Cunningham’s status after the game. Cunningham finished with 27 points and 10 assists for the Pistons, who lost their second straight game to a Hornets team that got a career-high 38 points from Brandon Miller and 35 from LaMelo Ball.
NoneIn a heartbreaking turn of events, a poor neighborhood in Haiti fell victim to a vicious attack by armed gangs, resulting in the loss of 184 lives. The incident has sent shockwaves through the community and highlighted the ongoing violence and instability facing the country.
However, despite the benefits of investing in REITs, the current pricing mechanism in the public REITs market may not accurately reflect the true value of the underlying assets. This gap in pricing can lead to mispricing of assets and potentially result in inefficient capital allocation. Therefore, it is crucial to enhance the market's pricing mechanism to ensure that investors are adequately compensated for the risks they are taking.