
Beirut, Dec 28 (AP) Syria's embassy in Lebanon suspended consular services on Saturday, a day after two relatives of deposed Syrian President Bashar Assad were arrested at the Beirut airport with allegedly forged passports. Also on Saturday, Lebanese authorities handed over dozens of Syrians — including former officers in the Syrian army under Assad — to the new Syrian authorities after they were caught illegally entering Lebanon, a war monitor and Lebanese officials said. Also Read | Earthquake in UAE: Light Quake of Magnitude 2.2 on Richter Scale Hits Falaj Al Mualla. The embassy announced on its Facebook page that consular work was suspended “until further notice” at the order of the Syrian foreign ministry. The announcement did not give a reason for the suspension. Two Lebanese security officials, who spoke on condition of anonymity because they were not authorised to speak publicly, said the suspension was ordered because the passports belonging to Assad's relatives — the wife and daughter of one of his cousins — were believed to have been forged at the embassy. Also Read | Azerbaijan Airline Plane Crash: Russian President Vladimir Putin Apologises to Azerbaijan President Ilham Aliyev After Fatal Flight 8432 Crash. Assad's uncle, Rifaat Assad — who has been indicted in Switzerland on charges of war crimes and crimes against humanity — had flown out the day before on his real passport and was not stopped, the officials said. The UK-based Syrian Observatory for Human Rights reported on Saturday that 70 Syrians, including former army officers, were handed over by a Lebanese security delegation to the security forces of the new Syrian government, led by the former insurgent group Hayat Tahrir al-Sham, or HTS. Three Lebanese judicial officials, speaking on condition of anonymity, confirmed the report. Regional countries have been quick to establish ties with Syria's new rulers. Delegations of Libyan and Bahraini officials arrived in Damascus on Saturday on official visits. HTS leader Ahmad al-Sharaa, formerly known as Abu Mohammed al-Golani, has largely succeeded in calming fears within and outside of Syria that his group would unleash collective punishment against communities that supported Assad's rule or attempt to impose strict Islamic law on the country's religious minorities. However, in recent days, sporadic clashes have broken out between the HTS-led security forces and pro-Assad armed groups. The country's new security forces have launched a series of raids targeting officials affiliated with Assad and have set up checkpoints in areas with significant populations of the Alawite religious minority to which the former president belongs to search for weapons. There have also been ongoing tensions and clashes in northeastern Syria between Kurdish-led forces and armed groups backed by Turkiye. Many Kurds have viewed the new order in Damascus, which appears to have strengthened Turkiye's hand in Syria, with anxiety. Ankara sees the Kurdish-led Syrian Democratic Forces — a key US ally in the fight against the Islamic State group — as an affiliate of its sworn enemy, the Kurdistan Workers' Party, or PKK, which it classifies as a terrorist organisation. The US State Department said on Saturday that Secretary of State Antony Blinken had spoken with Turkish Foreign Minister Hakan Fidan to “discuss the latest developments in Syria.” “Secretary Blinken emphasized the need to support a Syrian-led and Syrian-owned political process that upholds human rights and prioritises an inclusive and representative government,” the statement said, adding that they “also discussed the shared goal of preventing terrorism from endangering the security” of Turkiye and Syria. On Saturday, hundreds of protesters convened by Kurdish women's groups participated in a demonstration in the northeastern city of Hasaka to demand women's rights in the new Syria. Perishan Ramadan, a participant from Hasaka, said the new government “is worse than Bashar” and that its leaders are Islamist extremists who “don't accept any role for women”. While the country's new leaders have not attempted to impose Islamic dress or other conventions, it remains to be seen what role women will have in the new order and whether they will hold political or government positions. "Women must be present in the new constitution for Syria,” said Rihan Loqo, spokeswoman for the Kongra Star women's organisation. "... Women's rights should not be ignored.” (AP) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)Tashbulak and Tugunbulak may be largely forgotten today, but the pair of Uzbekistani cities thrived during the Medieval era. Nestled in the Tien Shan mountains, the largest east to west mountain range on Earth, merchants from all over Europe and Asia would travel to Tashbulak and Tugunbulak to hawk their wares. Located on the famous Silk Road, Tashbulak and Tugunbulak were a nexus of trade and culture. More than a thousand years have passed since their heyday, however, and as humans continue to destroy our environment, archaeological treasures like those in these cities could be lost forever. But thanks to a powerful laser-based technology called lidar, ancient history is being illuminated like never before. Scientists still debate whether lidar stands for "laser imaging, detection and ranging" or "light detection and ranging." Either acronym accurately summarizes the technology, which uses lasers to measure large areas by targeting a surface or object and measuring how long it takes for light to be reflected back. But no one is debating how lidar is helping preserve humanity's most important historic sites from our species' tendency to destroy our natural environment. "All of the storytelling takes time, and time is critical right now." When it came to the lost cities of Tashbulak and Tugunbulak, anthropologist Michael Frachetti used lidar to conduct unprecedentedly detailed scans of the Medieval metropolis, which thrived approximately 2,000 meters above sea level between the 6th and 11th centuries. Their research was published in October in the journal Nature, with Frachetti marveling at how these ancient cities struggled with the same self-destructive habit of exploiting their natural resources. "There does appear to be an environmental factor which played a role in both the establishment of the cities in high altitude — in this case areas rich in ore and other resources," Frachetti said. "We hypothesize that the investment these populations made in... Matthew Rozsa
Two arrested for allegedly flying drone ‘dangerously close’ to Boston airportATLANTA (AP) — Jalen Johnson scored 28 points and the Atlanta Hawks closed out a four-game homestand, winning a third straight contest, 120-110 over the Miami Heat on Saturday. Trae Young added his 22nd double-double of the season, with 11 point and 15 assist, and De'Andre Hunter scored 26 points in his 14th consecutive game with at least 15 points coming off the bench. Tyler Herro scored 28 points and dished out 10 assists and Bam Adebayo added 17 points and 10 rebounds. It was the Heat's fourth game in a row without star Jimmy Butler , who sat out for what the team called “return to competition reconditioning.” Heat: Miami lost despite five players finishing with double-digit point totals. The Heat shot 44.4% from the field, but it wasn't enough to overcome a Hawks team that hit over half of its shots, 51.2% from the field. Hawks: Johnson has been on an offensive tear in his last two games. He finished two points shy of his single-game career high of 30 points, set in his last game, on Thursday against the Chicago Bulls. Hunter also finished just one point shy of his single-game career high of 27 points. After a close first half that featured nine lead changes, Atlanta seized control early in the second half. With five minutes to go in the third quarter, Atlanta’s Garrison Mathews and Hunter hit back-to-back 3s to give Atlanta an 81-72 lead, their biggest of the night, and forcing a Miami timeout. Young finished one assist shy of a franchise single-game record for assists against the Miami Heat, set by Mookie Blaylock in 1993. The Hawks begin a six-game road trip in Toronto on Sunday, while the Heat visits the Rockets on Sunday. AP NBA: https://apnews.com/hub/NBA Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Full speed ahead: Kidz Cab wins $25k to steer safe rideshare for kids
Reniya Kelly scores 18 and No. 16 North Carolina women beat 14th-ranked Kentucky 72-53The International Monetary Fund has told the federal government and Coalition that Australia needs a major policy package to deal with the nation’s unaffordable housing, saying everything from tax to the supply of new land should be on the table. Just days after Reserve Bank research showed lower interest rates had contributed to the collapse in homeownership among young Australians, the fund used its annual review of the economy to argue a string of politically contentious policy changes were needed to ensure housing remained within the financial reach of ordinary people. The International Monetary Fund says a major package of changes, from tax to land supply, are needed to make Australian housing more affordable. Credit: Louie Douvis Across all international metrics, Australian housing is among the most expensive in the world despite a recent slowdown in prices. Sydney, says US-based analytics organisation Demographia, is the world’s second most expensive city – after Hong Kong – with 13.8 times the median household income needed to buy a median-priced house. Melbourne and Adelaide are in the top 10 most expensive, while Brisbane and Perth are in the top 20. The federal government has set a target of 1.2 million new homes by 2029, putting together a series of policies worth more than $30 billion to lift housing construction. The Coalition has promised $5 billion towards local government infrastructure to unlock housing projects. But the IMF says all levels of government must go further, arguing that eradication of state stamp duties and a shift to land taxes, lifting the number of workers in the sector and easing zoning rules had to be on the agenda. Loading “A comprehensive policy package is essential to tackle Australia’s housing affordability crisis, focusing on increasing the construction workforce, relaxing zoning regulations, advancing initiatives to boost new housing supply, and re-evaluating property taxes and stamp duty,” it said. Last week, research by Reserve Bank economists estimated a quarter of the sharp drop in homeownership among Australians under the age of 40 since the mid-1990s was due to low interest rates. But it also found state government stamp duties had contributed to the problem, along with other policies involving such tax arrangements as capital gains. Coalition MPs are pressing to relax the interest rate buffer imposed by the Australian Prudential Regulation Authority on bank loans to first time buyers, arguing it has contributed to the cost pressure on young people. But the IMF rejected any change to the 3 percentage point buffer. “Macroprudential policies should remain stringent to protect household balance sheets, especially in the context of rising housing prices,” it said. “Additionally, the authorities are encouraged to proactively adapt their macroprudential tools to pre-empt excessive buildup in household indebtedness, including when the time is appropriate for monetary policy easing.” Last week, Treasurer Jim Chalmers revealed a $22 billion deterioration in the budget bottom line over the next four years. Next financial year’s forecast deficit is $46.9 billion, with Chalmers arguing much of the government’s extra spending was unavoidable. The IMF says if the rate of inflation does not continue to ease, all governments would have to look at “expenditure rationalisation” to reduce aggregate demand across the economy. This could include axing infrastructure projects or targeting welfare payments more carefully. In what would be a challenge for either side of politics, the fund says tax reform has to be on the agenda to help improve the economy’s performance and reduce structural pressures on the budget. Jim Chalmers, in his mid-year budget update, revealed a $22 billion deterioration in the nation’s bottom line over the next four years. Credit: Alex Ellinghausen “Tax reforms should focus on efficiency and fairness, reducing dependence on direct taxes and high capital costs, and phasing out tax breaks like capital gains tax discounts,” it said. Chalmers said the IMF fund validated his budget settings. “We’ve overseen a record-breaking fiscal turnaround – the budget is $200 billion better than what we inherited, and our back-to-back surpluses have helped in the fight against inflation, a point the RBA governor [Michele Bullock] has made,” he said. Loading “The IMF has endorsed our efforts to make our economy more competitive, dynamic and productive, like our historic shakeup to Australia’s merger settings.” The fund believes Australia is still on track for an economic soft landing over the next 12 months, with growth lifting from 1.2 per cent this year to 2.1 per cent in 2025. It forecast underlying inflation to ease to 3 per cent and unemployment to lift to about 4.5 per cent. But it said the risks to the economy were tilted to the downside, with soft consumer spending and a deterioration in the global outlook the largest threats to its forecasts. Much hinges on the Reserve Bank’s expected cuts to interest rates next year. A stronger jobs market or extra government spending could force the bank to leave rates higher for longer. “Conversely, weaker-than-expected growth or a faster-than-projected increase in unemployment may prompt the Reserve Bank to lower interest rates sooner,” it said. Cut through the noise of federal politics with news, views and expert analysis. Subscribers can sign up to our weekly Inside Politics newsletter . Save Log in , register or subscribe to save articles for later. License this article Australian economy Interest rates Renewables Property prices Sydney house prices Melbourne house prices More... Shane Wright – Shane is a senior economics correspondent for The Age and The Sydney Morning Herald. Connect via Twitter or email . Most Viewed in Politics Loading
Get your housing in order: IMF warns government and Coalition
NEW YORK (AP) — U.S. stock indexes rose to more records Wednesday after tech companies talked up how much of a boost they’re getting from the artificial-intelligence boom. The S&P 500 climbed 0.6% to add to what’s set to be one of its best years of the millennium. It’s the 56th time the index has hit an all-time high this year after climbing in 11 of the last 12 days . The Dow Jones Industrial Average rose 308 points, or 0.7%, while the Nasdaq composite added 1.3% to its own record. Salesforce helped pull the market higher after delivering stronger revenue for the latest quarter than analysts expected, though its profit fell just short. CEO Mark Benioff highlighted the company’s artificial-intelligence offering for customers, saying “the rise of autonomous AI agents is revolutionizing global labor, reshaping how industries operate and scale.” The stock price of the company, which helps businesses manage their customers, jumped 11%. Marvell Technology leaped even more after delivering better results than expected, up 23.2%. CEO Matt Murphy said the semiconductor supplier is seeing strong demand from AI and gave a forecast for profit in the upcoming quarter that topped analysts’ expectations. All the optimistic talk helped Nvidia , the company whose chips are powering much of the move into AI, rally 3.5%. It was the strongest force pushing upward on the S&P 500 by far. They helped offset an 8.9% drop for Foot Locker, which reported profit and revenue that fell short of analysts’ expectations. CEO Mary Dillon said the company is taking a more cautious view, and it cut its forecasts for sales and profit this year. Dillon pointed to how keen customers are for discounts and how soft demand has been outside of Thanksgiving week and other key selling periods. Retailers overall have offered mixed signals about how resilient U.S. shoppers can remain. Their spending has been one of the main reasons the U.S. economy has avoided a recession that earlier seemed inevitable after the Federal Reserve hiked interest rates to crush inflation. But shoppers are now contending with still-high prices and a slowing job market . This week’s highlight for Wall Street will be Friday’s jobs report from the U.S. government, which will show how many people employers hired and fired last month. A narrower report released Wednesday morning suggested employers in the private sector increased their payrolls by less last month than economists expected. Hiring in manufacturing was the weakest since the spring, according to Nela Richardson, chief economist at ADP. The report strengthened traders’ expectations that the Fed will cut its main interest rate again when it meets in two weeks. The Fed began easing its main interest rate from a two-decade high in September, hoping to offer more support for the job market. The central bank had appeared set to continue cutting rates into next year, but the election of Donald Trump has scrambled Wall Street’s expectations somewhat. Trump’s preference for higher tariffs and other policies could lead to higher inflation , which could alter the Fed’s plans . Fed Chair Jerome Powell said Wednesday that the central bank can afford to cut rates cautiously because inflation has slowed from its peak two years ago and the economy remains sturdy. A separate report on Wednesday said health care, finance and other businesses in the U.S. services sector are continuing to grow, but not by as much as before and not by as much as economists expected. One respondent from the construction industry told the survey from the Institute for Supply Management that the Fed’s rate cuts haven't pulled down mortgage rates as much as hoped. Plus, “the unknown effect of tariffs clouds the future.” In the bond market, the yield on the 10-year Treasury fell to 4.18% from 4.23% late Tuesday. On Wall Street, Campbell’s sank 6.2% for one of the S&P 500’s sharper losses despite increasing its dividend and reporting a stronger profit than analysts expected. Its revenue fell short of Wall Street’s expectations, and the National Football League’s Washington Commanders hired Campbell’s CEO Mark Clouse as its team president. Gains for airline stocks helped offset that drop after JetBlue Airways said it saw stronger bookings for travel in November and December following the presidential election. It also said it’s benefiting from lower fuel prices, as well as lower costs due to improved on-time performance. JetBlue jumped 8.3%, while Southwest Airlines climbed 3.5%. All told, the S&P 500 rose 36.61 points to 6,086.49. The Dow climbed 308.51 to 45,014.04, and the Nasdaq composite rallied 254.21 to 19,735.12. In stock markets abroad, South Korea’s Kospi sank 1.4% following a night full of drama in Seoul. President Yoon Suk Yeol was facing possible impeachment after he suddenly declared martial law on Tuesday night, prompting troops to surround the parliament. He revoked the martial law declaration six hours later. In the crypto market , bitcoin climbed near $99,000 after Trump said he would nominate Paul Atkins , a cryptocurrency advocate, to chair the Securities and Exchange Commission. AP Writers Matt Ott and Zimo Zhong contributed. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Get local news delivered to your inbox!
Yuantai Derun was invited to attend the 2025 China Steel Market Outlook and "My Steel" Annual Conference 12-23-2024 08:22 PM CET | Industry, Real Estate & Construction Press release from: ABNewswire The "2025 China Steel Market Outlook and 'My Steel' Annual Conference, co hosted by the Metallurgical Industry Economic Development Research Center and Shanghai Steel Union E-commerce Co., Ltd. (My Steel Network), will be held in Shanghai from December 5th to December 7th, 2024. Against the backdrop of the steel industry entering a new round of adjustment cycle this year, this conference invited several heavyweight experts, renowned scholars, and industry experts to deeply analyze hot issues such as macroeconomic, industry situation, and downstream market prospects, to help participants in the steel industry chain layout in advance. Tianjin Yuantai Derun Steel Pipe Manufacturing Group Co., Ltd., as the sponsor of the banquet at this conference, will assist in building the platform and provide a platform for everyone to communicate and discuss. Against the backdrop of increasingly prominent supply-demand contradictions, lower than expected demand in traditional steel fields such as real estate and infrastructure, vicious competition in the form of internal competition, and a "cliff like" decline in industry efficiency. We need to face difficulties squarely and be full of confidence. Image: https://www.ytdrintl.com/uploads/LIUKAISONG-Zhici.jpg Liu Kaisong, Deputy General Manager of Tianjin Yuantaiderun Steel Pipe Manufacturing Group Co., Ltd., was invited to attend the meeting. At the dinner, Mr. Liu expressed his gratitude for the warm invitation from Shanghai Steel Union and was delighted to gather with leaders of business associations, steel industry leaders, and industry elites at the Shanghai Steel Union conference. On behalf of Tianjin Yuantai Derun Steel Pipe Manufacturing Group Co., Ltd., we would like to extend our best wishes, heartfelt thanks, and sincere greetings to all colleagues present here, as well as to our customers, partners, and new and old friends from all walks of life who have always given high attention and strong support to Yuantai Derun. Next, we will introduce the main products and development history of Yuantai Derun Group, with a customer-centric philosophy. Yuantai Derun Group was founded in 2002 with a total registered capital of 1.3 billion yuan. Its headquarters is located in Daqiu Village, Tianjin, and it has two major production bases in Tianjin and Tangshan. The company has long focused on and deeply cultivated in the field of square and rectangular tubes, engaged in related fields for more than 20 years. With high-quality domestic and imported steel raw materials, it manufactures various special material square and rectangular tubes, high-frequency welded round tubes, low, medium, and high zinc layer zinc aluminum magnesium tubes, hot-dip galvanized tubes, photovoltaic brackets and other steel pipe products. Having an absolute market position and market share, with a single product market share ranking first in the country and globally. The company continuously extends its industrial chain while utilizing association and industry alliance platforms to gather wisdom and resources for the industry. Century old Yuantai, De Run Ren, Yuantai people nurture opportunities in crisis, open up new horizons in changing situations, and shoulder the mission and responsibility of steel workers in the new era with high-quality products and services, making structural steel pipes more widely used in China's economic development and construction. Yuantai Derun Group adheres to the concept of "customer-centric", always pays attention to customer needs, and provides comprehensive services and support. The group has a highly qualified team with strong research and innovation capabilities, capable of providing customers with high-quality, efficient, and sustainable solutions. Image: https://www.ytdrintl.com/uploads/My-steel-3.jpg Future Yuantai Derun Group will continue to be committed to technological innovation and service upgrading, working hand in hand with customers to promote industrial development and economic prosperity. The group will actively expand its international market, strengthen cooperation and communication with domestic and foreign enterprises, and continuously enhance its competitiveness and influence. Aspire to become an internationally influential enterprise, creating more value for society and customers. Image: https://www.ytdrintl.com/uploads/210.jpg Finally, Mr. Liu said that although the road is far, the journey is approaching. Let's seize the important strategic opportunity period together, cultivate new opportunities, open up new prospects, and seize the opportunity to seek new development together. Multiple variety summits were held simultaneously in this conference, playing a key role in supporting the development of the industry. Let us focus on the future, brainstorm, gather consensus, and work together to meet new challenges, as the saying goes, 'Unity and cooperation are the only way to inspire innovation.' Media Contact Company Name: Tianjn Yuantai Derun Pipe Manufacturing Group Co,.Ltd Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=yuantai-derun-was-invited-to-attend-the-2025-china-steel-market-outlook-and-my-steel-annual-conference ] Country: China Website: https://www.ytdrintl.com/ This release was published on openPR.A Comprehensive Look at Mooka's eBay Automation Service