ATLANTA (AP) — Jimmy Carter, the peanut farmer who tried to restore virtue to the White House after the Watergate scandal and Vietnam War, then rebounded from a landslide defeat to become a global advocate of human rights and democracy, has died. He was 100 years old . The Carter Center said the 39th president died Sunday afternoon, more than a year after entering hospice care , at his home in Plains, Georgia, where he and his wife, Rosalynn, who died in November 2023, lived most of their lives. The center said he died peacefully, surrounded by his family. As reaction poured in from around the world, President Joe Biden mourned Carter’s death, saying the world lost an “extraordinary leader, statesman and humanitarian” and he lost a dear friend. Biden cited Carter’s compassion and moral clarity, his work to eradicate disease, forge peace, advance civil and human rights, promote free and fair elections, house the homeless and advocacy for the disadvantaged as an example for others. “To all of the young people in this nation and for anyone in search of what it means to live a life of purpose and meaning – the good life – study Jimmy Carter, a man of principle, faith, and humility,” Biden said in a statement. “He showed that we are a great nation because we are a good people – decent and honorable, courageous and compassionate, humble and strong.” Biden said he is ordering a state funeral for Carter in Washington. A moderate Democrat, Carter ran for president in 1976 as a little-known Georgia governor with a broad grin, effusive Baptist faith and technocratic plans for efficient government. His promise to never deceive the American people resonated after Richard Nixon’s disgrace and U.S. defeat in southeast Asia. “If I ever lie to you, if I ever make a misleading statement, don’t vote for me. I would not deserve to be your president,” Carter said. Carter’s victory over Republican Gerald Ford, whose fortunes fell after pardoning Nixon, came amid Cold War pressures, turbulent oil markets and social upheaval over race, women’s rights and America’s role in the world. His achievements included brokering Mideast peace by keeping Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin at Camp David for 13 days in 1978. But his coalition splintered under double-digit inflation and the 444-day hostage crisis in Iran. His negotiations ultimately brought all the hostages home alive, but in a final insult, Iran didn’t release them until the inauguration of Ronald Reagan, who had trounced him in the 1980 election. Humbled and back home in Georgia, Carter said his faith demanded that he keep doing whatever he could, for as long as he could, to try to make a difference. He and Rosalynn co-founded The Carter Center in 1982 and spent the next 40 years traveling the world as peacemakers, human rights advocates and champions of democracy and public health. Awarded the Nobel Peace Prize in 2002, Carter helped ease nuclear tensions in North and South Korea, avert a U.S. invasion of Haiti and negotiate cease-fires in Bosnia and Sudan. By 2022, the center had monitored at least 113 elections around the world. Carter was determined to eradicate guinea worm infections as one of many health initiatives. Swinging hammers into their 90s, the Carters built homes with Habitat for Humanity. The common observation that he was better as an ex-president rankled Carter. His allies were pleased that he lived long enough to see biographers and historians revisit his presidency and declare it more impactful than many understood at the time. Propelled in 1976 by voters in Iowa and then across the South, Carter ran a no-frills campaign. Americans were captivated by the earnest engineer, and while an election-year Playboy interview drew snickers when he said he “had looked on many women with lust. I’ve committed adultery in my heart many times,” voters tired of political cynicism found it endearing. Story continues below video The first family set an informal tone in the White House, carrying their own luggage, trying to silence the Marine Band’s traditional “Hail to the Chief" and enrolling daughter, Amy, in public schools. Carter was lampooned for wearing a cardigan and urging Americans to turn down their thermostats. But Carter set the stage for an economic revival and sharply reduced America's dependence on foreign oil by deregulating the energy industry along with airlines, trains and trucking. He established the departments of Energy and Education, appointed record numbers of women and nonwhites to federal posts, preserved millions of acres of Alaskan wilderness and pardoned most Vietnam draft evaders. Emphasizing human rights , he ended most support for military dictators and took on bribery by multinational corporations by signing the Foreign Corrupt Practices Act. He persuaded the Senate to ratify the Panama Canal treaties and normalized relations with China, an outgrowth of Nixon’s outreach to Beijing. But crippling turns in foreign affairs took their toll. When OPEC hiked crude prices, making drivers line up for gasoline as inflation spiked to 11%, Carter tried to encourage Americans to overcome “a crisis of confidence.” Many voters lost confidence in Carter instead after the infamous address that media dubbed his “malaise" speech, even though he never used that word. After Carter reluctantly agreed to admit the exiled Shah of Iran to the U.S. for medical treatment, the American Embassy in Tehran was overrun in 1979. Negotiations to quickly free the hostages broke down, and then eight Americans died when a top-secret military rescue attempt failed. Carter also had to reverse course on the SALT II nuclear arms treaty after the Soviets invaded Afghanistan in 1979. Though historians would later credit Carter's diplomatic efforts for hastening the end of the Cold war, Republicans labeled his soft power weak. Reagan’s “make America great again” appeals resonated, and he beat Carter in all but six states. Born Oct. 1, 1924, James Earl Carter Jr. married fellow Plains native Rosalynn Smith in 1946, the year he graduated from the Naval Academy. He brought his young family back to Plains after his father died, abandoning his Navy career, and they soon turned their ambitions to politics . Carter reached the state Senate in 1962. After rural white and Black voters elected him governor in 1970, he drew national attention by declaring that “the time for racial discrimination is over.” Carter published more than 30 books and remained influential as his center turned its democracy advocacy onto U.S. politics, monitoring an audit of Georgia’s 2020 presidential election results. After a 2015 cancer diagnosis, Carter said he felt “perfectly at ease with whatever comes.” “I’ve had a wonderful life,” he said. “I’ve had thousands of friends, I’ve had an exciting, adventurous and gratifying existence.” Sanz is a former Associated Press reporter.In April, the UFC announced that for fighters that would offer more mobility and flexibility while reducing eye pokes and hand injuries. The new gloves, coined "3Eight/5Eight" (the 3Eight glove is for three-round fights, and the 5Eight gold glove for championship fights), premiered at UFC 301 in June. It marked the first time since fingerless gloves became mandatory for all fighters back in 1997 that the fight glove had evolved. "This redesign will truly be a game changer for the entire sport of MMA," UFC CEO and president Dana White said in the April statement. "These gloves will feel lighter, fit fighters' hands better, prevent injuries and provide maximum flexibility during the fights." But after five months -- 21 UFC events (pay-per-views and Fight Nights) and 10 "Dana White's Contender Series" cards -- and return to the original fingerless gloves. "The new gloves are now the old gloves," UFC CEO Dana White said in a surprise announcement ahead of UFC 309 last weekend. "You know what, there were good intentions with the new gloves. We spent a lot of time, energy and money on them. ... It didn't work out and it is what it is." The abrupt about-face came as a shocker.. Interestingly enough, the switch came just days after independent researcher and data scientist Nate Latshaw posted a detailed report demonstrating a significant drop in knockouts from when the new gloves were introduced. Comparing the knockout rate of the old gloves -- now referred to as "classic" by the UFC -- from Jan. 1, 2023, to May 31, 2024, to when the new gloves were in play from June 1 to Nov. 9, Latshaw's findings showed an 8.5% drop off in knockout rates. Between Latshaw's report gaining traction on social media and UFC heavyweight champion balking at the fit and feel of the new gloves ahead of his fight with at UFC 309, the timing of the announcement felt like a little more than a coincidence. "The shape, the curve in your hands, they're very uncomfortable for me," Jones said last week in New York. "I was actually really stressed thinking, 'How am I going to go into fight week wearing these gloves that I don't even really want to train in?'" When the switch was announced, several UFC fighters breathed a sigh of relief over the promotion reversing course. "When I first got the new gloves, I didn't like them," lightweight told ESPN. "I think they look and felt cheap. The material was not very good, and I didn't like the design." Moicano had one of his best performances with the new gloves, a decisive TKO victory over in September. The fight was stopped due to a doctor's intervention. "I was thinking to myself, 'This is a bad glove,' and then I had an awesome performance," Moicano said. "Maybe it actually was the glove? I don't know. But I don't think it affected my performance at all." Women's flyweight contender echoed Moicano's assessment of the gloves feeling "cheap." "I wasn't opposed to the new gloves when they announced they were coming, but when I saw them, I didn't like how they looked," Blanchfield said. "I didn't like the design, and the colors looked tacky and cheap. They looked like something you can buy from a sporting goods store." Blanchfield, who relies heavily on her wrestling and grappling, found that the gloves felt restrictive and affected her grip during her unanimous decision victory over earlier this month. "It felt harder to close my hands because the fingers were so tight," she said. While Blanchfield eventually broke in the new gloves during training, she was issued a new pair ahead of her fight. "I had my cornermen working on the gloves the entire time in the locker room," Blanchfield said. "Just pulling at them, stretching them out, really trying to loosen them up for me. They literally had to make a tool that everyone in the locker room passed around to loosen up the fingers." Strawweight , who lost a decision to in the new gloves in August, said they "felt like having memory foam wrapped around your fist." "I hated them at first," Hill said. "But after training in them for a while, I didn't mind them as much. They are way thinner and aren't formed at all. The old gloves had more of a natural curve to them." The restrictive feel that Hill and Blanchfield are referring to was originally installed to prevent fighters from extending their fingers and committing eye-poke fouls. But both said that the intent didn't match the outcome. "I don't think they did anything for eye pokes," Hill said. "Until you break them in, it's harder to make a closed fist." What about the decrease in knockouts? Latshaw, a data scientist with a focus on quantitative analysis in MMA, noted that the research didn't include the variety of ways to obtain a knockout. "I continue to caution against drawing any particularly strong conclusions from the data," Latshaw told ESPN. "I'm looking at all knockdowns and all knockouts, which is really not a good way to study the impact of the gloves because I'm including knockouts and knockdowns that come from head kicks, elbows, knees, things like that where the gloves aren't impactful." While the old gloves are now back in play, it doesn't mean the "new" gloves are gone forever...yet. A UFC spokesperson told ESPN that "some fighters may still be wearing the new gloves in upcoming events while UFC re-stocks its inventory of the classic gloves." According to White, fighters will use the "classic" gloves at UFC 310 on Dec. 7. "They tried a new idea, and it ended up being a mistake, so they decided to go back to the old gloves once they saw the gloves weren't working out," Moicano said. "That's better than to keep trying to push a glove on us that everyone hates. This is what was good for business. "I don't know if we'll ever get the perfect glove, but I hope they keep trying."The United States is closely monitoring Syria's chemical weapons stockpile following the rapid fall of the Assad regime and views the issue as a "top-tier" priority in the region, according to a senior Biden administration official. The U.S. is focused on ensuring that Syria's chemical weapons don't fall into the wrong hands after the collapse over the weekend of Syrian President Bashar al Assad's decades-long rule, the official said. "We are doing everything we can to prudently ensure that those materials are either not available to anyone or are cared for," the official said Sunday, speaking on background to brief reporters on the latest developments in Syria. National security experts are "fairly confident" that Syria's chemical weapons stockpile can be "destroyed" or secured, the official added. The senior administration official did not provide further details, but said the Biden administration isn't planning to send U.S. troops into Syria to secure or destroy chemical weapons held by the former Assad regime. The extent of the regime's chemical weapons stockpile is unclear. Assad's government used chemical weapons multiple times against rebel groups and Syrian civilians during the nation's ongoing 13-year civil war. U.S. intelligence agencies have reportedly closely monitored Syria's chemical weapons storage facilities in recent days as rebel groups made a lightning-fast push to topple the Assad regime. Opposition groups moved into the capital Damascus overnight on Saturday in a stunning turn of events after a yearslong stalemate in the war. The development threatened to further destabilize a region already mired in fighting between Israel and the Iranian-backed groups Hamas and Hezbollah. Assad fled Syria on Saturday, arrived in Moscow on Sunday and was granted political asylum by the Russian government, according to Russian news agency Tass. Russia and Iran had helped prop up Assad throughout the conflict, serving as powerful proxy forces in a war with an estimated death toll of more than 500,000 people. Millions more have been displaced since the war started in 2011. President Joe Biden on Sunday addressed the situation in Syria, saying the U.S. government would seek to ensure Syria's stability after Assad's ouster. He also issued a warning to rebel groups who fought to take control of the country. "Make no mistake, some of the rebel groups that took down Assad have their own grim record of terrorism and human rights abuses," Biden said in remarks from the White House. Biden said the U.S. would not let ISIS or other terrorist groups gain a new foothold in the country with Assad out of power.
NEWPORT BEACH, Calif., Nov. 22, 2024 (GLOBE NEWSWIRE) -- Elevai Labs Inc. (NASDAQ: ELAB) (Elevai" or the "Company") announced today it will implement a 1-for-200 reverse stock split (“Reverse Stock Split”) of its common stock, which will be effective at midnight on November 27, 2024. This initiative aligns with the Company’s efforts to meet Nasdaq's minimum bid price requirement of $1.00 per share under Listing Rule 5550(a)(2). Key Details of the Reverse Stock Split: - Conversion Ratio: Every 200 shares of issued and outstanding common stock will be automatically consolidated into one share, with no action required from shareholders. - Fractional Shares: Shareholders entitled to fractional shares will receive one full share for each fractional portion. - Updated Stock Identifier: While the trading symbol remains "ELAB", the common stock now carries a new CUSIP number (28622K 203). - Equity Adjustments: Outstanding stock awards, options, and the equity incentive plan have been adjusted proportionally to reflect the new share structure. Purpose of the Reverse Stock Split: The Reverse Stock Split is a critical step in ensuring compliance with Nasdaq’s listing requirements, allowing Elevai to maintain its presence on the Nasdaq Capital Market. A continued listing enhances the Company’s visibility, strengthens investor confidence, and positions Elevai for future growth. Impact on Shareholders: - No Immediate Action Required: Shareholders holding shares through a broker or in "street name" will see their holdings updated automatically. - Certificate Holders: Shareholders with physical certificates can exchange them, if desired, through VStock Transfer, LLC, which will provide detailed instructions. - Share Value: The Reverse Stock Split does not impact the overall value of shareholder equity; it only reduces the number of shares outstanding while proportionally adjusting the share price. Impact on our Common Stock: - Post Reverse Stock Split there will be approximately 3.07 million shares of common stock issued and outstanding Looking Ahead: “The reverse stock split is a required measure to preserve Elevai’s Nasdaq listing and set the stage for our continued progress in innovation and shareholder value creation,” said Graydon Bensler, Chief Executive Officer of Elevai. “We are optimistic about the future and committed to executing our growth strategy.” For additional information, please refer to Elevai’s full Form 8-K filing available regarding the Reverse Stock Split, filed on November 22, 2024, on the SEC’s website, or contact Elevai directly at IR@elevailabs.com . About Elevai Labs, Inc. Elevai Labs Inc. (NASDAQ: ELAB) specializes in medical aesthetics and biopharmaceutical drug development, focusing on innovations for skin aesthetics and treatments tied to obesity and metabolic health. The Company operates a diverse portfolio of three wholly owned subsidiaries across the medical aesthetics and biopharmaceutical sectors, Elevai Skincare Inc., Elevai Biosciences Inc., and Elevai Research Inc. For more information please visit www.elevailabs.com . Forward-Looking Statements Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Words such as “believes,” “expects,” “plans,” “potential,” “would” and “future” or similar expressions such as “look forward” are intended to identify forward-looking statements. Forward-looking statements are made as of the date of this press release and are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, activities of regulators and future regulations and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results. Therefore, you should not rely on any of these forward-looking statements. These and other risks are described more fully in Elevai’s filings with the United States Securities and Exchange Commission (“SEC”), including the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, filed with the SEC on March 29, 2024, and its other documents subsequently filed with or furnished to the SEC. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at www.sec.gov . All forward-looking statements contained in this press release speak only as of the date on which they were made. Except to the extent required by law, the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made. IR Contact: IR@ElevaiLabs.comANN ARBOR, Mich. (AP) — Vladislov Goldin and Nimari Burnett scored 17 points apiece and Tre Donaldson and Danny Wolf posted double-doubles to lead Michigan to a 112-64 romp over Western Kentucky on Sunday night, snapping a six-game win streak for the Hilltoppers. Goldin made 7 of 8 shots with two 3-pointers and 1 of 2 free throws for the Wolverines (10-3), whose three losses this season have been by a combined five points. Burnett did most of his damage on 5-for-7 shooting from 3-point range. Donaldson totaled 12 points and 11 rebounds for his first career double-double, while Wolf finished with 12 points and 10 boards for his sixth of the season. Sam Walters scored 13 off the bench for Michigan and Roddy Gayle Jr. pitched in with 11 points and four assists. Don McHenry sank three 3-pointers and scored 18 to lead Western Kentucky (9-4). Julius Thedford scored 11 on 3-for-16 shooting. Enoch Kalambay added 10 points. Gayle and Goldin both had 11 points to guide Michigan to a 59-31 advantage at halftime. The Wolverines shot 57.6% from the floor and made 11 of 21 from 3-point range in posting their highest scoring half of the season. The Wolverines topped the century mark on 3-pointer by Danny Wolf with 6:05 remaining for a 102-52 lead. It was the first time the two teams squared off in 17 years. Michigan has won 4 of 6 all time against the Hilltoppers. Michigan travels to play Southern California on Saturday in a Big Ten Conference matchup. Western Kentucky travels to play Liberty on Thursday in a Conference USA opener. ____ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up . AP college basketball: and The Associated Press
The Transportation Security Administration has some reminders for those heading to airports during the holidays. “People seem to forget some of the more common and routine steps that they need to take when packing for a flight or when they are going through a checkpoint, perhaps because they’re focused on being at their destination and not focusing on what needs to happen before getting there,” said TSA officer Christopher Kirchein of John F. Kennedy International Airport. “Travelers sometimes ignore the advice that we give them,” said TeaNeisha Barker, a TSA uniformed adviser. “We are providing guidance so that they get through the checkpoint as simply and conveniently as possible. Not every airport has the same technology, so listen to the guidance we are offering.” “Passengers forget that knives and other weapons are not allowed through our checkpoints. It’s shocking to see so many people with knives,” said TSA officer Aisha Hicks of Philadelphia International Airport. “Weapons of any kind are prohibited through a TSA checkpoint.” TSA officers shared this list of the common things that travelers forget and should remember when coming to a security checkpoint. Ten things that travelers need to remember when preparing to go through the security screening process: • Remember that you cannot bring bottles of water, energy drinks, juice, coffee, soda or any filled insulated reusable container through a security checkpoint. However, they can finish their beverage and bring the empty bottle or container with them. • Remember to bring your ID to the checkpoint. • Remember when TSA officers remind you to remove everything from your pockets that it does not only mean metallic items such as keys and mobile phones, but it means everything, including non-metallic items such as tissues, lip balm, breath mints, etc. • Remember that you cannot bring a firearm through a checkpoint. Instead, pack your unloaded firearm in a locked hard-sided case and declare it at your airline check-in counter and the airline will ensure it is transported in the belly of the plane where nobody has access to it. • Remember that you need to remove your shoes when getting screened and then end up barefoot on the floor. It’s probably a good idea to wear socks. • Remember that children 12 and under are allowed to travel through a TSA PreCheck screening lane with a parent who has TSA PreCheck on their boarding pass. In addition, don’t forget that children up to the age of 18 can also come into the TSA PreCheck lane with their parent if they are on the same airline reservation as their parent. • Remember that passengers that appear 12 and under or 75 and older do not need to remove their shoes and light jacket. • Remember, if you are putting a lock on your luggage, make sure it is a TSA compatible lock so that if TSA officers need to open your luggage, they can unlock it and relock it. If the lock is not TSA compliant, TSA officers who need to open your luggage will cut off the lock, rendering it useless. • Remember that you can bring medications through a security checkpoint, even liquid medication. Just let the TSA officer know that you have liquid medication with you so it can be screened separately. • Remember to get a REAL ID-compliant driver’s license sooner rather than later because REAL ID goes into effect on May 7.
By JOSH BOAK WASHINGTON (AP) — President Joe Biden said Tuesday he was “stupid” not to put his own name on pandemic relief checks in 2021, noting that Donald Trump had done so in 2020 and likely got credit for helping people out through this simple, effective act of branding. Biden did the second-guessing as he delivered a speech at the Brookings Institution defending his economic record and challenging Trump to preserve Democratic policy ideas when he returns to the White House next month. Related Articles National Politics | Trump names Andrew Ferguson as head of Federal Trade Commission to replace Lina Khan National Politics | Donald Trump is returning to the world stage. So is his trolling National Politics | Biden issues veto threat on bill expanding federal judiciary as partisan split emerges National Politics | Trump lawyers and aide hit with 10 additional felony charges in Wisconsin over 2020 fake electors National Politics | After withdrawing as attorney general nominee, Matt Gaetz lands a talk show on OANN television As Biden focused on his legacy with his term ending, he suggested Trump should keep the Democrats’ momentum going and ignore the policies of his allies. The president laid out favorable recent economic data but acknowledged his rare public regret that he had not been more self-promotional in advertising the financial support provided by his administration as the country emerged from the pandemic. “I signed the American Rescue Plan, the most significant economic recovery package in our history, and also learned something from Donald Trump,” Biden said at the Washington-based think tank. “He signed checks for people for 7,400 bucks ... and I didn’t. Stupid.” The decision by the former reality TV star and real estate developer to add his name to the checks sent by the U.S. Treasury to millions of Americans struggling during the coronavirus marked the first time a president’s name appeared on any IRS payments. Biden and Vice President Kamala Harris , who replaced him as the Democratic nominee , largely failed to convince the American public of the strength of the economy. The addition of 16 million jobs, funding for infrastructure, new factories and investments in renewable energy were not enough to overcome public exhaustion over inflation, which spiked in 2022 and left many households coping with elevated grocery, gasoline and housing costs. More than 6 in 10 voters in November’s election described the economy as “poor” or “not so good,” according to AP VoteCast, an extensive survey of the electorate. Trump won nearly 7 in 10 of the voters who felt the economy was in bad shape, paving the way for a second term as president after his 2020 loss to Biden. Biden used his speech to argue that Trump was inheriting a strong economy that is the envy of the world. The inflation rate fell without a recession that many economists had viewed as inevitable, while the unemployment rate is a healthy 4.2% and applications to start new businesses are at record levels. Biden called the numbers under his watch “a new set of benchmarks to measure against the next four years.” “President-elect Trump is receiving the strongest economy in modern history,” said Biden, who warned that Trump’s planned tax cuts could lead to massive deficits or deep spending cuts. He also said that Trump’s promise of broad tariffs on foreign imports would be a mistake, part of a broader push Tuesday by the administration to warn against Trump’s threatened action. Treasury Secretary Janet Yellen also issued a word of caution about them at a summit of The Wall Street Journal’s CEO Council. “I think the imposition of broad based tariffs, at least of the type that have been discussed, almost all economists agree this would raise prices on American consumers,” she said. Biden was also critical of Trump allies who have pushed Project 2025 , a policy blueprint from the Heritage Foundation that calls for a complete overhaul of the federal government. Trump has disavowed participation in it, though parts were written by his allies and overlap with his stated views on economics, immigration, education policy and civil rights. “I pray to God the president-elect throws away Project 2025,” Biden said. “I think it would be an economic disaster.” Associated Press writer Fatima Hussein in Washington contributed to this report.Wayne Rooney sends I’m A Celeb star wife Coleen a sweet video message as he begs fans to vote her Queen of the Jungle
The debate over a potential value-added tax (VAT) hike has reignited following remarks by Finance Minister Pichai Chunhavajira at a seminar, where he mentioned ongoing studies on tax reform, including VAT adjustments. The broader discussion on tax reform -- potentially increasing VAT while reducing corporate and personal income taxes to 15% -- raises questions about Thailand's fiscal strategy. Although the minister did not explicitly state the government has plans to raise VAT from its current rate of 7% to 15%, his comments highlighting that Thailand's VAT is relatively low compared to the 15–20% in many countries sparked widespread public criticism. Prime Minister Paetongtarn Shinawatra responded to curb the public outcry, reassuring the public via social media that her government would not raise VAT to 15%. While reducing corporate and personal income taxes could stimulate economic activity and consumption, the notion of raising VAT to compensate remains controversial. Critics argue such a move disproportionately affects low-income groups, who would bear a heavier burden relative to their income, while wealthier individuals and corporations benefit from tax reductions. This perception has fuelled criticism that a VAT hike equates to "the poor paying to save the rich". Thailand's VAT rate, introduced at 10% in 1992 and reduced to 7% in 1997 during an economic downturn, is indeed among the lowest in the world. Over the past two decades, Thailand's political landscape, dominated by populist policies requiring substantial funding, has compounded this issue. Successive administrations have introduced programmes targeting grassroots voters without clearly identifying funding sources. The result is a persistent shortfall in government revenue, even as demands for expanded social welfare programmes and public infrastructure grow. Successive governments have considered increasing VAT to bolster state coffers but have faced fierce opposition. This resistance stems from a lack of public trust in how additional revenue will be used and concerns about the fairness of taxation. The question is not whether Thailand needs to increase VAT -- it does. State revenues are insufficient to fund essential social services, let alone support infrastructure development, human capital investment, or national competitiveness. However, any VAT increase must come with clarity and accountability. Research by the Thailand Development Research Institute (TDRI) challenges the criticism that a VAT hike disproportionately burdens low-income people. In principle, VAT is a fair tax applied universally. Funds collected from a VAT increase could strengthen social welfare, improve public services, and support national development. Nevertheless, public resistance to a VAT hike often stems from scepticism about the government's intentions. Many fear additional revenue will finance political campaign promises rather than benefit the broader public. The government must outline a clear and transparent roadmap for making use of the increased revenue. For instance, promising to allocate funds to universal healthcare improvements or other initiatives that benefit the majority would reassure the public that the additional tax burden serves the greater good. Raising VAT is a politically sensitive issue that requires careful implementation. A phased approach, with incremental increases over several years, would allow businesses and households time to adapt.Follow live: Nets host Antetokounmpo's Bucks
AI’s challenge to universities: What happens when EQ trumps IQ?Sullinger shot 9 of 20 from the field, including 4 for 10 from 3-point range, and went 3 for 4 from the line for the Golden Flashes (9-3). VonCameron Davis scored 21 points while shooting 8 for 13 (1 for 3 from 3-point range) and 4 of 4 from the free-throw line and added five rebounds and five assists. Mike Bekelja had 14 points and shot 4 for 5 from beyond the arc and 2 of 4 from the free-throw line. Eric Panning finished with 18 points, seven rebounds and two steals for the Student Princes. Manny Hill added 15 points and seven rebounds for Heidelberg. Elijah Harden had 15 points. Sullinger scored 11 points in the first half and Kent State went into halftime trailing 42-36. Davis scored 15 points in the second half. Kent State outscored Heidelberg by 10 points over the final half. Kent State hosts Ball State in its next matchup on Saturday. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
President-elect Donald Trump’s team submitted an ethics plan guiding the conduct of its members throughout the transition period that does not appear to include provisions for one key member of the team: the president himself. “There does not appear to be a provision addressing the requirement for the president-elect to address his conflicts of interest,” said Valerie Smith Boyd, director of the Center for Presidential Transition at the nonprofit, nonpartisan Partnership for Public Service. CNN has asked the Trump transition for comment on why there is no provision addressing Trump’s potential conflicts of interest. During his first term, Trump was repeatedly criticized by ethics groups for potential conflicts of interest relating to his businesses and brands. Both Trump’s and his family’s foreign business ties have also come under intense scrutiny throughout his time in office and on the campaign trail. Still, after winning in 2016, Trump took some nominal steps toward alleviating ethical concerns before entering the White House by pledging to relinquish control of his companies and put his business holdings in a trust, which was controlled by his two sons, Donald Trump Jr. and Eric Trump. He has made no such assurances this time. Rather, Trump lately has added potential conflicts of interest with some of his latest business dealings. Much of his wealth these days is tied up in stock for Trump Media & Technology Group, a newly publicly traded company that owns his social media website TruthSocial. While campaigning, he hawked several new products capitalizing on his name and fame, including a line of watches, some retailing for $100,000, that he launched through an opaque licensing agreement with a company of undisclosed origins. CNN traced the business to a shopping plaza in Sheridan, Wyoming, that is the registered address for dozens of other companies. Trump and his sons also kickstarted a cryptocurrency venture just weeks before the election, even as he promised to push through an agenda favorable to Bitcoin enthusiasts and investors. Trump has not said how he would guarantee that he won’t pursue these policies – with potentially massive implications for financial markets and the future of the US dollar – in the interest of benefiting his family’s new enterprise. The ethics agreement, posted late Tuesday to the General Services Administration’s website , otherwise “does appear to comply with most of the requirements in the Presidential Transition Act,” a law governing the protocols around transition activities, said Boyd. Updates to that act requiring the ethics pledge were introduced by Trump ally Sen. Ron Johnson, a Wisconsin Republican, and signed into law by Trump in March 2020. The plan requires transition team members to “avoid both actual and apparent conflicts of interest,” to “safeguard classified information” and “non-public information and other information that is not readily available to the public.” It also prohibits team members who have participated in lobbying activities in the last year or are registered as lobbyists, and forbids team members from serving as registered foreign agents while serving the transition. Each team member is required to sign the code of ethical conduct detailing those provisions. Trump’s team blew past a pair of September and October deadlines to sign agreements with the Biden White House and General Services Administration laying the groundwork for a smooth transition. Democrats and watchdogs sounded the alarms over potential risks to national security and continuity between administrations in the absence of those agreements. Three weeks after the election, the Trump team submitted its ethics plan and signed the White House agreement, but skipped the GSA agreement, saying in a statement that the transition “will operate as a self-sufficient organization” and that its “organizational autonomy means a streamlined process.” Trump’s team also has yet to sign an agreement with the Department of Justice to begin processing the security clearances needed for staffers to access classified information during the transition period, White House officials said, adding that “progress has been made towards an agreement.” The Trump transition did not immediately respond to CNN’s inquiry regarding whether it would enter into the agreement before Inauguration Day. CNN previously reported that Trump’s transition team is bypassing traditional FBI background checks for at least some of his Cabinet picks while using private companies to conduct vetting of potential candidates for administration jobs, people close to the transition planning said. Trump and his allies believe the FBI system is slow and plagued with issues that could stymie the president-elect’s plan to quickly begin the work of implementing his agenda, people briefed on the plans said. Critics say the background checks sometimes turn up embarrassing information used to inflict political damage. When he takes office January 20, Trump will have the authority to make his own changes to the security clearance system, which is largely based on executive orders. For instance, he could charge individuals he trusts to adjudicate the information found during background investigations and make a determination on clearance status, rather than the traditional federal experts who have traditionally managed that process. Still, Boyd said it was “promising” that progress has been made in the transition process. “We all continue to hope that agreement will be signed because it will reduce confusion if the Trump team has people with federally-vetted background investigations ready to go on day one,” she said. Trump’s team declined to sign an agreement with the GSA unlocking access to federal resources like office space and secure communications equipment, which has also raised concerns. In the absence of that agreement, Boyd said, Trump’s team “may not be operating on a federally-approved secure network,” requiring federal agencies to find ways to protect the sensitive information they share with incoming officials. The White House on Tuesday night provided guidance to various agencies relating to “best practices to facilitate secure information sharing” with the Trump transition team if needed, a White House official said. White House deputy chief of staff Natalie Quillian met with the Agency Transition Directors Council, which is comprised of senior career leaders at agencies across the federal government, and the deputy chiefs of staff for each department on Wednesday morning to discuss next steps for working with Trump’s agency landing teams, the official said. The Trump transition team signing the White House agreement, Boyd said, is a “really important step.” “Both parties should be commended on reaching an agreement to share information. The most concerning scenario would be if the incoming president’s team was not communicating with federal agencies. Now that the communication is open, we’re in a better position for sharing information about national security risks,” Boyd said.Japan Gross Domestic Product Annualized came in at 1.2%, above expectations (0.9%) in 3QAssad family’s iron-grip rule on Syria toppled as insurgents take control of Damascus
‘Pressure makes diamonds’: how Australian sprint sensation Gout Gout can get even fasterA PARCEL of land in the heart of the Hunter will be up for grabs with visions of uses as far-ranging as aquaculture, eco-tourism, and child care. Login or signup to continue reading Cessnock City Council is seeking expressions of interest in explore future use of the old Richmond Colliery, 60 hectares off Leggetts Drive at Richmond Vale. The Richmond Vale Coal Company first purchased the site in 1887, and started coal and power production as the Richmond Mai Collier in 1911, through to 1967, but it continued to supply power to the state grid until 1976. The council took possession of it in 1978. The move follows quickly on from the signing of a new license agreement with the Richmond Vale Preservation Co-operative Society Ltd to occupy a small part of the land, putting to use existing buildings. The agreement was signed in October, and requires sign-off on a few requirements with the rail safety regulator before the group can pick up where they left off when they closed their doors in March. Chairman Peter Meddows said at the time that the hiatus was largely due to a failure to update paperwork . The not-for-profit organisation had been focusing heavily on getting back on track after the 2017 bushfire , during which time administration work had been put on the back burner. A council-issued statement said it was open to proposals from organisations with the "requisite experience and capacity" to unlock the potential of the site and, critically, provide a community benefit. Cessnock City Mayor Dan Watton said he was looking forward to seeing strong proposals and collaborating with the successful proponent to realise the potential of the site. "The Richmond Main Colliery site has a long history serving the local community, whether through mining and power generation, or more recently as a means of remembering our history. I want to see a continuation of that community benefit," Cr Watton said. "There is potential to do so much more with the site and I'm looking forward to seeing proposals from proponents with vision, capacity and experience to deliver positive community outcomes." The site is zoned RU2 under the Cessnock Local Environment Plan, and current use includes a museum, rail restoration, and operation of an historic railway. The EOI is the first of a two-stage evaluation process. Interested parties who are short-listed will be invited to submit a detailed proposal as part of a second stage, likely early in 2025. The three-month expression of interest will remain open until February 25, 2025. Community health & welfare, social justice, investigations, general news.Gabriel.Fowler@newcastleherald.com.au Community health & welfare, social justice, investigations, general news.Gabriel.Fowler@newcastleherald.com.au DAILY Today's top stories curated by our news team. Also includes evening update. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Get the latest property and development news here. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. WEEKLY Follow the Newcastle Knights in the NRL? Don't miss your weekly Knights update. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily!SI Swimsuit model Olivia Ponton called in robbery at Joe Burrow’s house
Trump vows to pardon January 6 defendants on day one