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NEW YORK , Dec. 10, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of ordinary shares of ASML Holding N.V. (NASDAQ: ASML) between January 24, 2024 and October 15, 2024 , both dates inclusive (the "Class Period"), of the important January 13, 2025 lead plaintiff deadline. So what: If you purchased ASML Holding N.V. ordinary shares during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do next: To join the ASML Holding N.V. class action, go to https://rosenlegal.com/submit-form/?case_id=31159 or call Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 13 , 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Details of the case: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) the issues being faced by suppliers, like ASML, in the semiconductor industry were much more severe than defendants had indicated to investors; (2) the pace of recovery of sales in the semiconductor industry was much slower than defendants had publicly acknowledged; (3) defendants had created the false impression that they possessed reliable information pertaining to customer demand and anticipated growth, while also downplaying risk from macroeconomic and industry fluctuations, as well as stronger regulations restricting the export of semiconductor technology, including the products that ASML sells; and (4) as a result, defendants' statements about ASML's business, operations, and prospects lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the ASML Holding N.V. class action, go to https://rosenlegal.com/submit-form/?case_id=31159 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com View original content to download multimedia: https://www.prnewswire.com/news-releases/asml-investors-have-opportunity-to-lead-asml-holding-nv-securities-fraud-lawsuit-302327940.html SOURCE THE ROSEN LAW FIRM, P. A.On November 27, the German Ambassador to Georgia, , gave an interview to the UN Global Compact Network Georgia, talking about Georgia’s stalled EU accession process, German-Georgian relations, and the impact of Georgia’s drift away from the EU on Georgia’s economy and investment attractiveness. Ambassador Fischer described the current state of German-Georgian relations as a crisis, saying: “We are at an impasse now.” He emphasized that the EU had granted Georgia candidate status as a “sign of love and affection,” despite the Georgian government’s failure to meet the nine conditions for candidacy. Following this gesture, however, he noted a shift in the Georgian government’s rhetoric and actions, including the reintroduction of the Foreign Agents law, which he called “gross contradiction” with EU values, and anti-LGBTQ legislation. He also criticized accusations against Germany and the EU of being “foreign agents”, attempting to drag Georgia into war in Ukraine, or promoting “liberal fascism”. Commenting on the GD government’s insistence that the EU integration process continues, Ambassador said that last June and then again in October, “the leaders of the European Union decided and wrote down in their decision that the accession process has come to a halt. It’s also written down. Nobody here bothers to read it, but I recommend to read it.” He further said: “The government is telling you, no, nothing is halted. We decide what’s halted and what’s not halted. The candidate doesn’t decide. So it’s halted, and if you ask me, I don’t see it coming back on track in the near future.” The Ambassador further spoke of the October 26 elections in Georgia, saying that “the way the election was conducted is not compatible with what we expect from a candidate country.” He said that “the accession process has come to a standstill” adding: “So it’s a crisis, and I think there’s a high risk that maybe you missed your opportunity.” Ambassador Fischer also highlighted the missed opportunities for Georgia’s business sector due to limited integration with the EU market, despite the Deep and Comprehensive Free Trade Agreement (DCFTA) in place since 2016. He noted that Georgian exports to the EU have only increased minimally, by about 2%, primarily due to non-compliance with EU standards, such as phytosanitary regulations for agricultural products. Fischer emphasized the importance of aligning with EU standards to access “one of the world’s “most prosperous markets”, warning that the current crisis in EU-Georgia relations and Georgia’s stalled European integration deter potential investors and undermine economic progress. He pointed out the attractiveness of the EU’s structured legal and business framework “that people know, that they feel familiar with, and that is also safe.” “That’s why we invest mainly, amongst ourselves,” he said adding that Georgia’s getting closer to the EU opens it for European businessmen. But Georgia’s drifts away from EU, he said, which has led to hesitancy among foreign investors, including German businesses. Some have reconsidered or even withdrawn their investments, such as Heidelberg Cement, which exited the Georgian market. Amb. Fischer argued that a lack of alignment with EU frameworks leaves Georgia as a small, emerging market in the South Caucasus with limited appeal for large-scale investment. He also warned of the negative effects of drifting away from the EU in terms of the impact on the national currency, the emigration of the young, the fluctuations in the stock market prices of Georgian companies that are listed on foreign stock exchanges and other factors.
A SCIENTIST group at the weekend flagged the massive cut under the Congress-approved 2025 national budget for an early warning system project designed to prepare communities for landslides, which it said is a step in the wrong direction as the country bears the brunt of the worsening climate. The cut, which would see the Dynaslope project’s budget slashed to P25.5 million next year from P41.1 million in 2024, has serious consequences for landslide-prone communities, AGHAM said in a statement. “Cutting its budget now — when typhoons are becoming stronger and more frequent — is a step in the wrong direction, risking lives and erasing hard-won progress in disaster resilience.” AGHAM said if the cut pushes through, a third or 19 of the project’s employees are at risk of losing their jobs next year. This will affect scientists, researchers and other personnel working on the project, it said. “Such move will waste highly valuable government resources—skilled disaster risk reduction management workers who have spent years honing their expertise through rigorous training and work experience, serving vulnerable communities.” “These workers, already burdened by pay delays, unsafe working conditions, job insecurity, and the absence of rightful benefits, now face yet another threat to their livelihoods,” it added. Dynaslope, a project at the Department of Science and Technology’s Philippine Institute of Volcanology and Seismology, has been providing community-based early warning systems for landslides in the Philippines since 2008. It monitors 52 landslide sites in 18 provinces and has developed hazard maps, risk assessments, a landslide monitoring system, and landslide early warning committees in partnership with local government units (LGUs). In an open letter to Mr. Marcos dated Dec. 17, Dynaslope project staff including scientists, engineers and community development professionals said the 44% budget reduction will “deeply compromise a lifeline that protects Filipino lives and livelihoods from landslide disasters.” They said professionals working for the project have “devoted years to honing their expertise through rigorous training, practice, and research.” “This loss threatens to severely undermine our 24/7 landslide monitoring operations, downscale cutting-edge landslide research, and reduce critical capacity-building initiatives and technical assistance to communities — all of which vital for advancing disaster risk reduction strategies,” they said. At the 2024 Gawad KALASAG awards, Mr. Marcos urged the National Disaster Risk Reduction and Management Council (NDRRMC) and other concerned agencies and LGUs “to continue working together to develop innovative solutions that are science-based, that are sustainable, and are future-ready, and establish clear guidelines for more effective disaster-response.” Dynaslope staff said the project “is a prime example of such innovation, pioneering a community-based early warning system for landslides that has safeguarded 52 vulnerable communities across 24 provinces, protecting thousands of lives, public infrastructures, and empowering over 46 local government units to protect their people.” Mr. Marcos in November said typhoons experienced by his country have been increasingly unpredictable due to the changing climate, and that his government doesn’t have a “template to follow” in terms of response. “With your support, we can continue our work and expand our services to more environmentally fragile communities,” they added. “Without sufficient funding, life-saving efforts in the development of localized, cost-efficient landslide early warning technologies will be stalled, leaving more at risk,” Dynaslope workers said. — Kyle Aristophere T. Atienza