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Witnesses told police that James McIntyre, 33, of Chicago, shook Mace's hand in an “exaggerated, aggressive” manner after approaching the South Carolina Republican in the Rayburn House Office Building on Tuesday evening, according to a police affidavit. Mace, who is identified only by her initials in a court filing, posted a string of social media messages about the incident. She said she was “physically accosted” at the Capitol, and she thanked President-elect Donald Trump for calling her Wednesday morning to check on her condition. “I’m going to be fine just as soon as the pain and soreness subside,” Mace wrote. Mace declined to be treated by a paramedic after her encounter with McIntyre, who was arrested Tuesday by the Capitol Police, the affidavit says. Mace told police that McIntyre said, “Trans youth serve advocacy,” while shaking her hand. Last month, Mace proposed a resolution that would prohibit any lawmakers and House employees from “using single-sex facilities other than those corresponding to their biological sex.” Mace said the bill is aimed specifically at Delaware Democrat Sarah McBride — the first transgender person to be elected to Congress. A magistrate judge ordered McIntyre’s release after an arraignment in Superior Court of the District of Columbia. Efforts to reach an attorney for McIntyre weren't immediately successful.Royal Caribbean Cruises Ltd. ( NYSE:RCL – Get Free Report ) Director Arne Alexander Wilhelmsen sold 230,000 shares of the firm’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $233.62, for a total value of $53,732,600.00. Following the completion of the sale, the director now directly owns 18,556,860 shares of the company’s stock, valued at $4,335,253,633.20. This trade represents a 1.22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . Arne Alexander Wilhelmsen also recently made the following trade(s): Royal Caribbean Cruises Price Performance RCL stock opened at $241.49 on Friday. The company has a current ratio of 0.19, a quick ratio of 0.16 and a debt-to-equity ratio of 2.63. The company has a market capitalization of $64.93 billion, a P/E ratio of 24.82, a PEG ratio of 0.62 and a beta of 2.59. The business has a 50 day simple moving average of $201.02 and a 200-day simple moving average of $171.29. Royal Caribbean Cruises Ltd. has a twelve month low of $103.61 and a twelve month high of $242.20. Hedge Funds Weigh In On Royal Caribbean Cruises A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. O Shaughnessy Asset Management LLC lifted its position in Royal Caribbean Cruises by 18.5% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 22,801 shares of the company’s stock worth $3,170,000 after acquiring an additional 3,564 shares during the period. Bessemer Group Inc. grew its position in Royal Caribbean Cruises by 411.0% in the 1st quarter. Bessemer Group Inc. now owns 14,119 shares of the company’s stock valued at $1,962,000 after buying an additional 11,356 shares during the last quarter. Lake Street Advisors Group LLC grew its position in Royal Caribbean Cruises by 26.3% in the 1st quarter. Lake Street Advisors Group LLC now owns 2,930 shares of the company’s stock valued at $407,000 after buying an additional 610 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its stake in Royal Caribbean Cruises by 7.6% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 96,265 shares of the company’s stock valued at $13,379,000 after buying an additional 6,780 shares during the period. Finally, Pitcairn Co. raised its position in Royal Caribbean Cruises by 3.8% during the 1st quarter. Pitcairn Co. now owns 2,376 shares of the company’s stock worth $330,000 after buying an additional 88 shares during the last quarter. Hedge funds and other institutional investors own 87.53% of the company’s stock. Wall Street Analysts Forecast Growth Several analysts have recently weighed in on the stock. StockNews.com cut shares of Royal Caribbean Cruises from a “hold” rating to a “sell” rating in a research note on Monday, November 18th. Bank of America raised their target price on Royal Caribbean Cruises from $210.00 to $240.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 13th. Macquarie upped their price target on Royal Caribbean Cruises from $189.00 to $250.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. JPMorgan Chase & Co. increased their price target on Royal Caribbean Cruises from $213.00 to $243.00 and gave the stock an “overweight” rating in a report on Tuesday, October 29th. Finally, Truist Financial raised their price target on Royal Caribbean Cruises from $175.00 to $204.00 and gave the stock a “buy” rating in a research report on Thursday, September 26th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $220.00. View Our Latest Report on Royal Caribbean Cruises Royal Caribbean Cruises Company Profile ( Get Free Report ) Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd. Featured Stories Receive News & Ratings for Royal Caribbean Cruises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Caribbean Cruises and related companies with MarketBeat.com's FREE daily email newsletter .
James McFadden reacts as former team-mate of 95 games tipped for Rangers director of football role
Vietnam's ambitions to modernize its military and diversify international partnerships were on full display at the 2024 Vietnam International Defense Expo, an exhibition that concluded with defense enterprises signing 16 contracts worth over $286 million, along with 17 strategic cooperation agreements with international defense firms. The exhibition, which took place from Dec. 19-22 in Hanoi, featured more than 240 defense industry companies and represented 49 countries. Vietnamese Prime Minister Pham Minh Chinh said the expo was “an affirmation of Vietnam's role and contribution in international defense cooperation” and a “symbol of trust, respect and goodwill in cooperation between nations for a world of peace, stability and prosperity.” Experts noted that the vast number of international companies at the exhibition reflected Vietnam’s long-term approach to diversifying its foreign partners. "If you look at the list of invited firms and defense firms and companies at the expo, you can see there’s a wide range of companies from many different countries,” said Hanh Nguyen, a research fellow at the Yokosuka Council on Asia-Pacific Studies based in Japan. “This decision reflects Vietnam's long-standing foreign policy approach, which is to strive to build partnerships with every country regardless of their political system or ideology," he added. Bich Tran, a postdoctoral fellow at the Lee Kuan Yew School of Public Policy in Singapore, shared a similar sentiment, explaining to VOA that the presence of Chinese, Russian and Western countries at the expo showed that Vietnam is committed to the principle of diversifying its foreign relations. “Vietnam has talked about diversifying its arms supplies for many years, but I think Russia’s invasion of Ukraine forced Vietnam to facilitate the process. So with this expo, [Vietnam] has the opportunity to talk with many different partners, to look around to see what will work,” Tran said. American firms Boeing and Lockheed Martin, French company Airbus, and Chinese state-owned China North Industries Corporation (NORINCO) attended the expo. NORINCO's participation marked the first time for a Chinese company. Concurrently, Vietnam’s general-secretary of the Communist Party, To Lam, met with visiting Chinese Defense Minister Dong Jun. Despite the active participation and discussion between Beijing and Hanoi officials, Nguyen said the expo is unlikely to become a breakthrough point for arms sales between the two countries, noting that Vietnam has concerns over the transparency performance of Chinese military equipment. Nguyen The Phuong, a doctoral candidate in maritime security at the University of New South Wales, told VOA that “Vietnam will never, ever buy any lethal weapons from China,” adding that Vietnam’s reluctance to buy weapons from China is a “long-standing principle dating back to the ‘70s and '80s.” Phuong said Vietnam is preparing to advance and upgrade its outdated systems, “focusing on the modernization of the Vietnamese army and maritime defense needs.” “Vietnam is trying to modernize its navy and air force and trying to turn them into modernized and capable services after 2030. So, there are a lot of things that the Vietnamese military wants to improve from buying more aircraft for its air force, building more warships for its navy, and especially the capability to monitor.” Contributing to Hanoi’s need to modernize is the potential for conflict in the South China Sea, a geopolitically disputed territory that is both a critical maritime route for global trade and a region rich in resources, including oil, natural gas and fish stock. On Dec. 10, the South China Morning Post reported that Vietnam is actively building military facilities on several islands and reefs in the Spratly Islands — key territories in the South China Sea. "Vietnam's military strategy in the South China Sea can be summed up in one word: deterrence. Or more precisely, deterrence by denial," said Phuong, explaining that Vietnam’s decisions at the expo reflect an ambition to increase its coastal military capabilities. Another takeaway from the expo is Hanoi’s cooperation with the United States. Speaking at the expo, U.S. Ambassador to Vietnam Marc Napper said the United States' goal is to ensure that Vietnam "has everything it needs to defend its interests at sea, in the air, on the ground and in cyberspace.” Tran said this goal demonstrates that the U.S.-Vietnam defense cooperation is shifting from a single arms assistance model to a broader multilateral cooperation framework.
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault chargeVictory Capital Management Inc. Sells 2,071 Shares of NeoGenomics, Inc. (NASDAQ:NEO)
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Jones accounts for 4 TDs, defense adds two TDs, NC Central swamps Delaware State 52-10Emily Atack has shared a rare photo of her son Barney and he has grown a lot since the last time he appeared on social media. The 34-year-old former Inbetweeners star, who has set tongues wagging with her performance in Disney+ drama Rivals, welcomed her baby boy in June with Alistair Garner, her scientist boyfriend. Now, four months later, the actress has shown off Barney to her followers as he cuddles into his mum while wearing denim dungarees. It was this time last year, just ahead of Christmas , that Emily shared that she was pregnant, showing off her growing bump, and now she is fully in the swing of motherhood as Barney gets ready to enjoy his first festive season. The photo comes after Emily spoke about a scary moment during her pregnancy when she had a haemorrhage and started losing blood. Emily said: "I saw blood in the toilet and I was like, 'oh my god, I'm miscarrying' - it was just coming out of me and I thought that's it, biggest fear realised, I'm having a miscarriage." Speaking to Jamie Laing on his Great Company podcast, the actress shared: "I had a scan and he [the doctor] said 'the baby's fine, you've had a haemorrhage, a hematoma but the baby's ok'. I couldn't believe it, I thought there's no way - I thought it was all over and I thought having to tell everybody, you feel like you're letting them all down, it's really awful." She continued: "I don't want to upset anyone who's been through baby loss, miscarriage but it's the most horrific thing ever. And a lot of that pain comes from feeling like you're going to have to let everybody down, because you've told them you're going to have this baby and it's going to be wonderful and then you're having to take that away. The pressure is ridiculous." Emily also shared her dislike for how miscarriages are "dismissed as a casual thing". She said: "It's so like 'I know this girl who had a miscarriage...' because it's technically seen as common. But what is so awful, I get really angry even when doctors say it in the early days of your pregnancy, they talk about miscarriage like it is such a common thing. "That it's so flippant and so throwaway. But to that person who has just lost that baby it is the most devastating thing you could ever imagine. You have lost your child. But for some reason there's this really casual narrative, like it's so common that it's something you just sometimes have to go through. I can't even imagine the agony and it's just as women something that we are told to get on with." Follow Mirror Celebs on TikTok , Snapchat , Instagram , Twitter , Facebook , YouTube and Threads .Strolling down Ginza Maroni-dori, you might be forgiven for thinking that The Tokyo Edition, Ginza, with its sleek glass facade, is one of the area’s fancy boutiques. But white curtains rather than shop displays suggest something else; likewise, luscious, landscaped walls that mirror the greenery of the tree-lined avenue. This picturesque entrance is a fine first impression to the 14-storey hotel designed by acclaimed Japanese architect Kengo Kuma. Officially opened in December 2023, it is the second Edition property in the bustling metropolis – a big deal considering that New York is the only other place in the world with two Edition hotels in one city. The Tokyo Edition, Tonamoron, also designed by Kuma, opened in September 2020. “Opening two Edition hotels in the same city was a well thought-out process, to provide two distinct experiences tailored to different types of guests. While both are exceptional, The Tokyo Edition, Toranomon is renowned for its nightlife and vibrant energy, whereas The Tokyo Edition, Ginza caters to those seeking a calmer stay and focus on shopping,” said Fabio Testa, the general manager of The Tokyo Edition, Ginza. Tokyo has many sides and the two hotels reflect that. The Tokyo Edition, Toranomon, which has 206 guestrooms and suites, is perched in the top levels of the Kamiyacho Trust Tower and offers panoramic views. With only 86 guestrooms and a lobby directly leading into the street, The Tokyo Edition, Ginza is a lot more intimate. Testa explained that Kuma was the choice architect for both hotels for his deep understanding of Japanese aesthetics, which was crucial in creating an Edition-style hotel aligning with local culture. “Additionally, he has the ability to craft original spaces that are bold, yet refined and modest. This unique balance resonates with Edition’s ethos, as well as the cultural essence of Japan,” Testa elaborated. I entered the hotel through double doors helmed by attentive doormen, leaving the consistent patter of shoppers behind. The double-volume lobby, furnished like a sophisticated home, is washed with soft light through ivory curtains. The cosy environment is accented by something else unseen – Le Labo’s Black Tea fragrance, used in all Edition hotels. It brings up the memory of staying in my very first Edition hotel nine years ago, which was The New York Edition along Madison Avenue. Scent as a way of branding is powerful indeed, I thought, as I felt an immediate affinity with the hotel brand. “Guests frequently comment on the distinctive Edition Le Labo fragrance, nothing that they can catch its scent even from outside the hotel,” agreed Testa. The recollection includes The New York Edition’s iconic spiral staircase. Here in The Tokyo Edition, Ginza, the lobby’s staircase is also graphic and sculptural, but a zigzag metal version with sharp angles. Its gleaming whiteness is matched with comfortable, white lobby furniture that includes a curvaceous sofa and twin Saint-Germain armchairs from Liaigre – all posh and pretty against walnut timber veneer walls. Facing the entrance, a glossy bar with gilt elements welcomes guests ‘home’ with cocktails and coffee from Tokyo’s beloved Little Nap Coffee Roasters. “Ginza is now lined with foreign brand stores but in the past, most of the stores were family owned and had been around for a long time; these developed and supported the town. Ginza is the most famous, and perhaps, exclusive shopping area in Japan but it is also a unique district with an intimate and warm atmosphere. I wanted to convey this history and mood of Ginza in the hotel,” said Kuma via email. He wanted to recreate the feeling of walking into the living room of a house directly from the street, hence the distinctively residential feel. The architect, who founded Kengo Kuma & Associates (KKHA) in 1990, is renowned for his creative use of materials, as well as mastery of detail that give human scale to his photogenic, landmark building designs. These include the Japan National Stadium and Nezu Museum. Here, he wrapped the facade of The Tokyo Edition, Ginza in a wave of metal strips akin to a chequered menswear pattern. The lobby is a more subtle variety of the ‘social lobby’ – a gathering space for guests and city dwellers – conceptualised by Ian Schrager when he opened Morgans Hotel New York, sparking the boutique hotel trend. When he founded the Edition brand together with Marriott International in 2013, this idea continued, together with an upscale party vibe leftover from his stagey Studio 54 nightclub days. In The Tokyo Edition, Ginza, the theatrical buzz comes in the form of a neon fuchsia light wall at the lift lobby. It is fun, unexpected and according to Tomoko Matsumoto, director of marketing communications and public relations for both Edition hotels in Tokyo, a very popular Instagram magnet. The lobby’s white theme continues to the guestroom corridors, which are lined with plush white carpeting – foolhardy by any hotelier but definitely luxurious for guests. Kuma highlighted that his design scheme paid extra attention to the fabrics used in the hotel. In the 86 pared-back guestrooms, which include 10 suites, soft carpets layer upon walnut timber floors. The warm surface continues up the walls, giving the rooms a somewhat mid-century modern feel. In the bathrooms, a block of green timber for the vanity counter lends colour and a dash of understated luxe to the scheme. Japanese photographer Takay’s black-and-white photographs, timber furniture and minimal lighting fixtures decorate contribute to the restful atmosphere. The amenities are also very considered; belted yukata robes, cast-iron teapots and curated local snacks reflect Japan’s strong craft culture. Toiletries are Le Labo, of course. What I also love are the expansive windows that let one peek down at the streetscape below and see Ginza from another perspective. The room sizes are generous by Tokyo standards, starting with 41 sq m for the entry-level deluxe rooms. Premier rooms come with timber-lined alcove seating, while the largest is The Penthouse, with living and dining areas as well as a kitchen catering to parties. For lunch, I headed to Sophie on the 14th storey. The modern, brightly lit brassiere is dressed in refreshing chartreuse and moss shades. The dishes were equally light and fresh. A three-course set meal of Hokkaido Flounder Crudo, Grilled Niigata Pork and Creme Caramel with pear compote and vanilla ice cream offered a glimpse of the restaurant’s repertoire. The dinner menu adds on more filling signature dishes for sharing, such as roasted whole chicken with Tokyo miso and Yuzu kosho , as well as a hearty lobster Bouillabaisse infused with saffron. On the second floor, The Punch Room, decked up like a gentleman’s club with plush velvet and timber walls with trimmings, offers a contrasting mood to Sophie. The menu showcases a dazzling infusion of Japanese influences: in Choco Banana & Apple are ingredients like le rum, egg white, black tea and Aomori apples; Dirty Maiko has notes of Haku vodka, pistachio, olive and sencha. “The Punch Room is the first place in Japan where you can enjoy authentic punches. It’s tucked away from the busy streets of Ginza and you may feel you have been invited into the house of your friend for its cosy atmosphere. An elaborate coffered ceiling, often observed in traditional Japanese architecture, is applied,” described Kuma. The entire hotel’s design was really homage to Ginza, envisioned in a modern language. “We wanted some dim yet warm colouring that evokes an old shop in Ginza. From the pale green in Sophie to the pink of the light wall, subtle colours are creating an image of good old days of Ginza,” Kuma said. The Roof – Ginza’s first natural wine bar – crowns the variety of experience at the top of the hotel, surrounded by lush planting. For those in need of some exercise, there is a small, 24-hour gym in the hotel that looks out to Ginza’s treetops. For more elaborate workouts, guests of this property can take a 10-minute car ride to the The Tokyo Edition, Toranomon’s larger wellness centre, which includes a swimming pool and spa. I had brought my running shoes but partly due to the lack of time and because here I was right smack in the middle of Ginza, I decided to take my exercise to the streets, ambling in and out of shops. A staggering number of amazing choices are within a five-minute walk: Issey Miyake, Bvlgari, upscale departmental store Matsuya Ginza and famous Japanese confectionery shop Higashiya Ginza by design guru Shinichiro Ogata, among others. No doubt, The Tokyo Edition, Ginza is a great location for shoppers and mealtime excursions to the area’s many Michelin-starred establishments. But more than that, the mixture of good design, comfort and thoughtful menus make the hotel a destination in its own right.
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
Image via John Angelillo/UPI/Shutterstock The last few weeks have been very tough for the college football star Travis Hunter who had to delete his Instagram because of the hate and trolling he has received along with his fiancee Leanna Lenee. Now his coach, Deion Sanders, has provided an update on the mental health of Travis Hunter and how he is doing. Deion revealed Travis is doing well, especially after receiving the Heisman Trophy. Deion Sanders Talks About Travis Hunter’s Mental Condition Amidst All The Hate And Trolling Deion also addressed the hate and trolling that Travis and his would-be wife Leanna have faced in the last couple of weeks and spoke about focusing on the positivity. He said, “I don’t know where the bulljunk comes in at. It’s so easy to see the negative when the positive is right in front of you.” Deion was at the Colorado’s Alamo Bowl appearance and was speaking to the reporters when he spoke about Travis and the trolling he has received. Deion also spoke about Travis and his commitment to the game of football. He also spoke about the love he has for Travis and despite his situation, he has continued to excel in all fields. Deion said, “I love this young man, I love what he stands for. I love him like he's a son. He’s exceeded everything we’ve asked of him academically as well as athletically." Deion Sanders has always been extremely supportive of Travis but this is not an easy time for Travis. In the last couple of days, his would-be wife received so much hate that she was forced to issue a video statement on TikTok where she tried to defend herself against the allegations and speculations that people levied on her. Appearing teary eyed in the video, she explained her situation and reiterated that she is with Travis solely because of the heart he has and not because of any other external factors such as his wealth or fame. But the haters were resilient and this has forced Leanna to make her social media accounts private. Travis Hunter Has Deleted His Instagram Travis also has managed to defend his would-be wife Leanna Lenee a couple of times. He has asked fans to stay out of his relationship and spoke about how fans are “too invested” in his personal relationship. But this has not stopped the haters. Recently, a video from three years ago resurfaced which shows Leanna dancing inappropriately with another man. This has brought in a new wave of hate which ultimately forced Travis to stay away from the toxicity and delete his Instagram. Also Read: “You don’t have to be like a jerk about it”: Jason Kelce reveals how to handle awkward Christmas gift exchanges and bad presents Travis is said to be the top pick for the NFL Draft which is supposed to be held in April 2025. In May 2025, he is set to be married to Leanna Lenee.
Jimmy Butler's Agent Denies Reports Of Preferred Trade DestinationsMum, 26, died after ‘barbaric’ Brazilian butt lift surgery ‘she didn’t agree to’ in TurkeyAs President-elect Donald Trump promises to take immediate action on a number of fronts once he returns to the White House, he and House Speaker Mike Johnson will continue their talks about the upcoming agenda Saturday at the Army-Navy Game in Landover. The Republican congressional leader, whose son is a plebe at the Naval Academy in Annapolis, is a key Trump ally expected to help push the president’s plans through Congress. “American families are ready to see an American First agenda and we’re excited about that,” Johnson said at a news conference Tuesday. “You hear a lot of talk about the agenda and how it will be formulated and come together right out of the gates in early January. We’re working on that right now. In fact, House Republicans are already working to enact that agenda.” The football game could be one of a few Maryland-based conversations for how that agenda comes together. While the lawmakers have not officially announced other meetings, House GOP leaders are expected to meet for a daylong retreat in the days after Congress begins its next session Jan. 3 — a retreat that is likely to be in Baltimore, the political news organization Punchbowl News reported. Johnson said he and Trump would be talking “in-depth” about their “playbook” this weekend. The top priority, he said, is curtailing the flow of undocumented immigrants at the southern border and tax reform, both of which could be addressed early in 2025. Some of the work is already underway, he noted, began last week with Elon Musk and Vivek Ramaswamy visiting with House and Senate Republicans about their plans to significantly cut the federal budget. Trump has named the two wealthy businessmen to run a new Department of Government Efficiency, or DOGE. Trump also attended the storied Army-Navy Game as president-elect in 2016, when the 71,600-person crowd greeted him with chants of “USA, USA.” Johnson said Tuesday some of his son’s Naval Academy classmates had recently visited the Capitol. “I guess I got to say ‘Go Navy,’ because my son’s there,” Johnson said. “But President Trump is coming to the game and others, and we’ll all be there together. It’ll be a lot of fun.” Have a news tip? Contact Sam Janesch at sjanesch@baltsun.com , (443) 790-1734 and on X as @samjanesch .
Two Harbors Investment Corp. (NYSE:TWO) Shares Sold by Algert Global LLC
Pre-Christmas errands to check off your list with the help of SM Supermalls Hoping to make this Christmas the best one yet? SM Supermalls’ pre-holiday checklist will help ensure that you get just that! Here’s your ultimate Christmas checklist for a magical holiday experience. 1. Go Christmas Gift Shopping ‘Tis the season of giving! Start your holiday shopping at the nearest SM mall! We’ve got an exclusive Christmas gift guide that’s brimming with ideas for every personality on your list. Whether it’s a gift for mom and dad, luxury treats, or quirky finds, you’ll surely be spoiled for choice. Make sure to check it out to find that perfect gift for everyone here! 2. Countdown to Christmas Day with an Advent Calendar Extend the joy of the holiday season with an extravagant and unique advent calendar! Count down each day to Christmas with exciting surprises. Here are some of our festive picks: a. Lancôme Advent Calendar —This limited edition piece awaits you. 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AP News Summary at 6:13 p.m. ESTCapital Management Associates Inc Acquires 1,580 Shares of Amazon.com, Inc. (NASDAQ:AMZN)
Nazarbayev University Crisis: Shigeo Katsu Demands Audit TransparencyCanaccord Genuity Group restated their buy rating on shares of Rhythm Pharmaceuticals ( NASDAQ:RYTM – Free Report ) in a research report report published on Tuesday morning, Benzinga reports. They currently have a $80.00 target price on the stock. Several other brokerages have also recently issued reports on RYTM. Needham & Company LLC upped their price target on shares of Rhythm Pharmaceuticals from $55.00 to $64.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. JMP Securities started coverage on Rhythm Pharmaceuticals in a report on Tuesday, September 17th. They issued an “outperform” rating and a $64.00 price objective for the company. Guggenheim initiated coverage on Rhythm Pharmaceuticals in a report on Monday, October 21st. They set a “buy” rating and a $70.00 target price on the stock. TD Cowen boosted their price target on shares of Rhythm Pharmaceuticals from $55.00 to $65.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Finally, Bank of America increased their price objective on shares of Rhythm Pharmaceuticals from $48.00 to $52.00 and gave the stock a “neutral” rating in a research report on Monday, October 14th. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Rhythm Pharmaceuticals presently has an average rating of “Moderate Buy” and a consensus price target of $62.30. View Our Latest Research Report on Rhythm Pharmaceuticals Rhythm Pharmaceuticals Stock Up 1.5 % Rhythm Pharmaceuticals ( NASDAQ:RYTM – Get Free Report ) last announced its quarterly earnings results on Tuesday, November 5th. The company reported ($0.73) EPS for the quarter, beating analysts’ consensus estimates of ($0.80) by $0.07. Rhythm Pharmaceuticals had a negative return on equity of 367.36% and a negative net margin of 230.07%. The firm had revenue of $33.20 million for the quarter, compared to analyst estimates of $32.52 million. During the same period last year, the firm posted ($0.76) earnings per share. The business’s revenue for the quarter was up 47.6% on a year-over-year basis. On average, research analysts anticipate that Rhythm Pharmaceuticals will post -4.36 earnings per share for the current fiscal year. Insider Activity In other news, Director Lynn A. Tetrault sold 4,300 shares of the business’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $50.01, for a total transaction of $215,043.00. Following the completion of the sale, the director now owns 3,000 shares in the company, valued at $150,030. The trade was a 58.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink . Also, insider Pamela J. Cramer sold 3,200 shares of the company’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $50.01, for a total value of $160,032.00. Following the transaction, the insider now directly owns 13,500 shares in the company, valued at $675,135. The trade was a 19.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last 90 days, insiders have sold 145,681 shares of company stock worth $8,734,825. Company insiders own 5.60% of the company’s stock. Institutional Inflows and Outflows A number of hedge funds have recently made changes to their positions in the business. CWM LLC grew its holdings in Rhythm Pharmaceuticals by 62.6% during the second quarter. CWM LLC now owns 657 shares of the company’s stock worth $27,000 after buying an additional 253 shares in the last quarter. ORG Partners LLC bought a new stake in shares of Rhythm Pharmaceuticals in the 2nd quarter worth $51,000. ORG Wealth Partners LLC purchased a new stake in shares of Rhythm Pharmaceuticals in the third quarter valued at about $63,000. Quest Partners LLC lifted its position in shares of Rhythm Pharmaceuticals by 513.3% during the second quarter. Quest Partners LLC now owns 1,662 shares of the company’s stock valued at $68,000 after purchasing an additional 1,391 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Rhythm Pharmaceuticals by 21.5% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,211 shares of the company’s stock valued at $114,000 after purchasing an additional 391 shares in the last quarter. Rhythm Pharmaceuticals Company Profile ( Get Free Report ) Rhythm Pharmaceuticals, Inc, a commercial-stage biopharmaceutical company, focuses on the rare neuroendocrine diseases. The company's lead product candidate is IMCIVREE (setmelanotide), a rare melanocortin-4 receptor for the treatment of pro-opiomelanocortin (POMC), proprotein convertase subtilisin/kexin type 1, leptin receptor (LEPR) deficiency obesity, and Bardet-Biedl and Alström syndrome. See Also Receive News & Ratings for Rhythm Pharmaceuticals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rhythm Pharmaceuticals and related companies with MarketBeat.com's FREE daily email newsletter .