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By JOSH BOAK WASHINGTON (AP) — Donald Trump loved to use tariffs on foreign goods during his first presidency. But their impact was barely noticeable in the overall economy, even if their aftershocks were clear in specific industries. The data show they never fully delivered on his promised factory jobs. Nor did they provoke the avalanche of inflation that critics feared. This time, though, his tariff threats might be different . The president-elect is talking about going much bigger — on a potential scale that creates more uncertainty about whether he’ll do what he says and what the consequences could be. “There’s going to be a lot more tariffs, I mean, he’s pretty clear,” said Michael Stumo, the CEO of Coalition for a Prosperous America, a group that has supported import taxes to help domestic manufacturing. The president-elect posted on social media Monday that on his first day in office he would impose 25% tariffs on all goods imported from Mexico and Canada until those countries satisfactorily stop illegal immigration and the flow of illegal drugs such as fentanyl into the United States. Those tariffs could essentially blow up the North American trade pact that Trump’s team negotiated during his initial term. Chinese imports would face additional tariffs of 10% until Beijing cracks down on the production of materials used in making fentanyl, Trump posted. Business groups were quick to warn about rapidly escalating inflation , while Mexican President Claudia Sheinbaum said she would counter the move with tariffs on U.S. products. House Democrats put together legislation to strip a president’s ability to unilaterally apply tariffs this drastic, warning that they would likely lead to higher prices for autos, shoes, housing and groceries. Sheinbaum said Wednesday that her administration is already working up a list of possible retaliatory tariffs “if the situation comes to that.” “The economy department is preparing it,” Sheinbaum said. “If there are tariffs, Mexico would increase tariffs, it is a technical task about what would also benefit Mexico,” she said, suggesting her country would impose targeted import duties on U.S. goods in sensitive areas. Related Articles House Democrats on Tuesday introduced a bill that would require congressional approval for a president to impose tariffs due to claims of a national emergency, a largely symbolic action given Republicans’ coming control of both the House and Senate. “This legislation would enable Congress to limit this sweeping emergency authority and put in place the necessary Congressional oversight before any president – Democrat or Republican – could indiscriminately raise costs on the American people through tariffs,” said Rep. Suzan DelBene, D-Wash. But for Trump, tariffs are now a tested tool that seems less politically controversial even if the mandate he received in November’s election largely involved restraining inflation. The tariffs he imposed on China in his first term were continued by President Joe Biden, a Democrat who even expanded tariffs and restrictions on the world’s second largest economy. Biden administration officials looked at removing Trump’s tariffs in order to bring down inflationary pressures, only to find they were unlikely to help significantly. Tariffs were “so new and unique that it freaked everybody out in 2017,” said Stumo, but they were ultimately somewhat modest. Trump imposed tariffs on solar panels and washing machines at the start of 2018, moves that might have pushed up prices in those sectors even though they also overlapped with plans to open washing machine plants in Tennessee and South Carolina. His administration also levied tariffs on steel and aluminum, including against allies. He then increased tariffs on China, leading to a trade conflict and a limited 2020 agreement that failed to produce the promised Chinese purchases of U.S. goods. Still, the dispute changed relations with China as more U.S. companies looked for alternative suppliers in other countries. Economic research also found the United States may have sacrificed some of its “soft power” as the Chinese population began to watch fewer American movies. The Federal Reserve kept inflation roughly on target, but factory construction spending never jumped in a way that suggested a lasting gain in manufacturing jobs. Separate economic research found the tariff war with China did nothing economically for the communities hurt by offshoring, but it did help Trump and Republicans in those communities politically. When Trump first became president in 2017, the federal government collected $34.6 billion in customs, duties and fees. That sum more than doubled under Trump to $70.8 billion in 2019, according to Office of Management and Budget records. While that sum might seem meaningful, it was relatively small compared to the overall economy. America’s gross domestic product is now $29.3 trillion, according to the Bureau of Economic Analysis. The total tariffs collected in the United States would equal less than 0.3% of GDP. The new tariffs being floated by Trump now are dramatically larger and there could be far more significant impacts. If Mexico, Canada, and China faced the additional tariffs proposed by Trump on all goods imported to the United States, that could be roughly equal to $266 billion in tax collections, a number that does not assume any disruptions in trade or retaliatory moves by other countries. The cost of those taxes would likely be borne by U.S. families, importers and domestic and foreign companies in the form of higher prices or lower profits. Former Biden administration officials said they worried that companies could piggyback on Trump’s tariffs — if they’re imposed — as a rationale to raise their prices, just as many companies after Russia’s invasion of Ukraine in 2022 boosted food and energy costs and gave several major companies the space to raise prices, according to their own earnings calls with investors. But what Trump didn’t really spell out is what might cause him to back down on tariffs and declare a victory. What he is creating instead with his tariff threats is a sense of uncertainty as companies and countries await the details to figure out what all of this could mean. “We know the key economic policy priorities of the incoming Trump administration, but we don’t know how or when they will be addressed,” said Greg Daco, chief U.S. economist at EY-Parthenon. AP writer Mark Stevenson contributed to this report from Mexico City.NEW YORK , Dec. 10, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Celsius Holdings, Inc. (NASDAQ: CELH) between February 29, 2024 and September 4, 2024 , both dates inclusive (the "Class Period"), of the important January 21, 2025 lead plaintiff deadline. So what: If you purchased Celsius common stock 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 Celsius class action, go to https://rosenlegal.com/submit-form/?case_id=31677 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 21 , 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) Celsius materially oversold inventory to PepsiCo, Inc. ("Pepsi") far in excess of demand, and faced a looming sales cliff during which Pepsi would significantly reduce its purchases of Celsius products; (2) as Pepsi drew down significant amounts of inventory overstock, Celsius' sales would materially decline in future periods, hurting Celsius' financial performance and outlook; (3) Celsius' sales rate to Pepsi was unsustainable and created a misleading impression of Celsius' financial performance and outlook; (4) as a result, Celsius' business metrics and financial prospects were not as strong as indicated in defendants' Class Period statements; and (5) consequently, defendants' statements regarding Celsius' outlook and expected financial performance were false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Celsius class action, go to https://rosenlegal.com/submit-form/?case_id=31677 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/celh-investors-have-opportunity-to-lead-celsius-holdings-inc-securities-fraud-lawsuit-302327947.html SOURCE THE ROSEN LAW FIRM, P. A.
Trump’s tariffs in his first term did little to alter the economy, but this time could be different
Trump’s tariffs in his first term did little to alter the economy, but this time could be differentNone
If 'Make America Crypto Capital' is part of MAGA, India risks being naïve in ignoring cryptos
Who is Andrew Ferguson? Donald Trump taps commissioner to lead consumer protection agencyAutomation That Makes a Difference SUNRISE, Fla. , Nov. 21, 2024 /PRNewswire/ -- When it comes to diagnostic imaging, every second counts. That's why Bright Light Imaging has joined forces with Alpha Nodus to revolutionize how they handle prior authorizations. By adopting Gravity Auth , Alpha Nodus's powerful automation platform, Bright Light Imaging has eliminated the red tape slowing down their workflows. The result? Faster approvals, happier staff, and, most importantly, better care for their patients. Let's face it: Prior authorizations can be a headache. Mountains of paperwork, endless phone calls, and delays in patient care—sound familiar? For both Dr. Ramit and Resham Mendi , Medical Directors of Bright Light Imaging , this partnership has been nothing short of a revelation. "Gravity Auth has completely changed the game for us," they said. "It used to take hours—sometimes even days—to navigate the prior authorization process. Now, it's handled seamlessly, often in just minutes. We're getting results to our patients faster, and that's what really matters." The integration wasn't just efficient—it was a breeze. According to Kevin Nowaczyk , Bright Light Imaging's IT Director , "The process was so smooth, it honestly surprised me. Alpha Nodus's team walked us through every step, and we were up and running in no time. Now, we're seeing fewer errors, faster turnarounds, and less stress on our staff. It's a win all around." "Advanced Data Systems (ADS) is proud to have fully integrated our MedicsRIS with Alpha Nodus to provide advanced automated prior authorizations for our mutual client, Bright Light Imaging," said Steve Hamburg , ADS Director of RIS Sales and Development at Advanced Data Systems . " Alpha Nodus is an outstanding solution, and the positive feedback from Bright Light Imaging has been fantastic. This successful collaboration between our three organizations has resulted in better, faster care for patients, and that is what ultimately matters most." This kind of success is exactly why Alpha Nodus built Gravity Auth in the first place. Shamit Patel , CEO of Alpha Nodus , explained, "Bright Light Imaging isn't just a customer—they're an example of what's possible when technology meets ambition. Automation is about empowering people to do their best work, enhancing their capabilities and allowing them to focus on more meaningful tasks. With Gravity Auth, their team can focus on delivering exceptional care while the technology handles the rest. We are thrilled about this engagement. When we collaborate, patients win. Open interfaces and collaborations between organizations like ours and our partners are the key to achieving better, faster care for patients." How Automation Transforms Patient Care Think about it: In the high-stakes world of diagnostic imaging, delays can mean the difference between a quick diagnosis and prolonged uncertainty for patients. By automating the prior authorization process, Bright Light Imaging is removing barriers and ensuring patients get the care they need without unnecessary delays. What does that look like in practice? Imagine a busy morning with multiple urgent imaging requests. Instead of staff scrambling to collect documentation and spend hours on the phone with insurance companies, Gravity Auth steps in. It verifies eligibility, gathers clinical notes, and submits authorizations—all in real time. The team can breathe easier, knowing the system is working behind the scenes to keep everything moving smoothly. For Bright Light Imaging, this isn't just about efficiency. It's about staying ahead in a competitive industry and keeping their commitment to patient-first care. About Alpha Nodus Alpha Nodus specializes in creating smart, intuitive solutions for healthcare providers. Their flagship product, Gravity Auth, simplifies complex workflows, helping providers automate, accelerate, and amplify operations. To learn more, visit www.alphanodus.com . About Bright Light Imaging Bright Light Imaging is known for delivering state-of-the-art diagnostic imaging services with a human touch. By combining cutting-edge technology with a commitment to excellence, they continue to set the gold standard in patient care. Find out more at www.brightlightimaging.com . About Advanced Data Systems Since 1977, clients have relied on the ADS team and our intelligent automation solutions and services. The MedicsCloud Suite, and MedicsRIS for radiology, ADS's latest generation of rules driven financial, revenue cycle, practice management, clinical charting and reporting, and mobility/engagement platforms, are used by clients to produce maximized revenue and efficiency for their practices, groups, and enterprise networks. To learn more, visit https://www.adsc.com Media Contact: Alpha Nodus info@alphanodus.com 1-888-625-7420 View original content to download multimedia: https://www.prnewswire.com/news-releases/bright-light-imaging-leverages-alpha-noduss-gravity-auth-enhanced-by-integration-with-adss-medicsris-to-streamline-patient-care-302313533.html SOURCE Alpha Nodus , Inc.
(CNN) — President-elect Donald Trump on Tuesday named Kimberly Guilfoyle as his pick to be the US ambassador to Greece. “For many years, Kimberly has been a close friend and ally. Her extensive experience and leadership in law, media, and politics along with her sharp intellect make her supremely qualified to represent the United States, and safeguard its interests abroad. Kimberly is perfectly suited to foster strong bilateral relations with Greece, advancing our interests on issues ranging from defense cooperation to trade and economic innovation,” Trump said in a Truth Social post . Guilfoyle had been engaged to Donald Trump Jr. and is close to the Trump family. This is a developing story and will be updated. The-CNN-Wire TM & © 2024 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.Donald Trump is returning to the world stage. So is his trolling
Iowa turns to former walk-on QB to start against MarylandAnge Postecoglou has accepted he will be under pressure if Tottenham are still mid-table at the end of a run of nine games in 30 days, starting with Saturday's visit to Manchester City. The 2-1 home defeat to Ipswich before the international break left Spurs in 10th, with five wins and five defeats from their first 11 Premier League games of the campaign. The trip to the Etihad – Postecoglou's 50th League game in charge – is the start of a "pivotal" period of games, according to the head coach, also including meetings with Chelsea and Liverpool and a Carabao Cup quarter-final against Manchester United. Postecoglou accepts that he will be facing "a lot of scrutiny" if Spurs' league position does not improve by the end of the next month. "If we’re still 10th then people won’t be happy, I won’t be happy. But we might not be 10th," he said on Friday. "Of course. If we had beaten Ipswich, we’d be third and I reckon this press conference would be much different, wouldn’t it? "I’m not going to let my life be dictated by one result, I’m sorry. I take a wider perspective on these things because I know how fickle it can be. But we need to address our position for sure. And if we’re 10th at Christmas, yeah it won’t be great, for sure. "Rightly so, there’d be a lot of scrutiny and probably a lot of scrutiny around me which is fair enough but that’s not where I plan for us to be." Postecoglou took responsibility for Spurs' inconsistent form following the loss to the Tractor Boys – their second reverse against a previously-winless side this season after the 1-0 defeat at Crystal Palace. They also collapsed from 2-0 up to lose at Brighton but have impressed in other games. The Australian said he will adapt his message to his Tottenham players after they "got stuck" in their recent defeats. "I know people try to paint me as one-dimensional, there are certain beliefs that I have that I won’t waver on, but within that process, there’s always things [to adapt], because there’s different challenges wherever you go," he said. “I just think the games we’ve really got stuck in this year, where we’ve really struggled to find solutions in games, I’m thinking about Brighton second half, Palace and Ipswich...The solutions do exist, they exist within our football but maybe the way I’m messaging that – that’s the reflective bit for me. “To say, ‘how can I become even clearer’, or find a different way of showing the players that when we do get stuck in these moments, because obviously currently how I am doing it hasn’t had the impact I’d hope it would have. “So there’s always self reflection. I am steadfast and I am clear that I have some really strong principles that I just won’t budge on. But that doesn’t mean I don't feel at times I need to adapt in the way I deliver things or the way I work." Postecoglou has taken 73 points from his first 49 games – roughly 64 extrapolated over a full season – after a fifth-place finish last term. Asked if his side were where he expected as he approaches a half-century of League games, Postecoglou added: "I think people forget our starting point. "I took over a club that finished eighth. I didn’t take over a club that finished second, third, fourth, fifth. Finished eighth. "No European football. Significant player turnover. Significant. Change of playing style. Where did I think we’d be after 50 games? God knows. "It could have been a whole lot worse. But when you look at it in the current prism of we’re 10th, you’re going ‘it doesn’t look good’ and I understand that and we have to improve that. But over the 50 games I think there’s enough there that shows we are progressing as a team and we are developing into the team we want. "The key is the next 50 games, if they can be in totality better than the first 50. First, that means I’m here but second, I think we’ll be in a good space. "I look at the totality of what we’re trying to do. I firmly believe we’re on the right path. I firmly believe in this squad of players. I firmly believe we will have success. Those things are still there but I can see why outwardly, if you put a pin in it right now, it doesn’t look that way."
As a smooth-talking media and political pundit, Colman Domingo ’s Muncie Daniels is used to commenting on politics and the news — not becoming the news — in The Madness . However, his fate will quickly change for the worse when we meet him in the new series. When the CNN personality discovers the dead body of a white supremacist in the woods near where he’s staying in the Poconos, he winds up in the crosshairs of law enforcement and possibly framed for murder — and even his lawyer friend Kwesi (Deon Cole) warns the silver-tongued Muncie, “You’re not going to be able to talk your way out of this.... They are going to pin all this on you.” In this paranoia-inducing Netflix thriller, Daniels finds himself in the middle of a sprawling conspiracy that delves into the darkest corners of society and explores the intersections between the wealthy and powerful, the alt-right, and other fringe movements. “[The series] is examining the climate we’re in right now,” Domingo teased to TV Insider. “Who sows those seeds of disinformation? Who’s puppeteering all of this?” To clear his name, Muncie must figure out whether to trust FBI agent Franco Quiñones (John Ortiz) and reconnect with his working-class, activist roots in Philadelphia while reuniting with his family, which includes teenage son Demetrius (Thaddeus J. Mixson), estranged wife Elena (Marsha Stephanie Blake), and daughter Kallie (Gabrielle Graham) from a previous relationship. “He’s trying to solve a crime,” creator Stephen Belber previews, “but at the same time he’s trying to solve something inside of himself.” To find out what else we should know about the new thrill ride, we spoke to The Color Purple and Ma Rainey’s Black Bottom star Colman Domingo — who played Victor Strand on Fear the Walking Dead for eight seasons, won an Emmy for Euphoria , and was nominated for a 2024 Oscar for the civil rights drama Rustin — about the bind in which Muncie finds himself in The Madness , the similarities he shares with the character, and the resonance of a story that speaks to our age of online disinformation and conspiracy theories. Why were you drawn to this series and this character? What about it made you say yes to it? Colman Domingo: There’s so much about it that is raising questions about who are we in America right now. What do you believe in? And what are you believing? What’s being fed to you? These are questions that I have deep in my heart, and the series is bringing out those thoughts I have in the back of my head. Like who is manipulating all of us? I do believe there’s people feeding the public misinformation, but it benefits people with money, power, and position. Are there similarities you share with Muncie? Wildly enough, he’s from my neighborhood, from West Philly. He’s a college professor. So am I. There’s a lot of similarities. He’s a public-facing person. Even some of his ideology, where he believes that if you just get people at the table to sit and have a civil conversation, things will get better. I do believe that. I actively do that in my life. And I thought, “Oh, I understand Muncie. I understand what he’s trying to do.” But then the series takes him on another journey to actually go more full-throttle and understand all the dynamics he’s been espousing but not really having to get in the mud with. Is Muncie’s journey in the series a metaphor for how we’re all trying to make sense of this firehose of facts and information, along with disinformation, conspiracy-mongering, and lies that are coming at us 24/7? Yeah. It’s your modern-day North By Northwest, your modern-day Three Days of the Condor. He’s an everyman who has to go on this journey that he’s not ready to go on. He didn’t even know he’s been preparing for it. He was just living his best life, has a great position at CNN, and has been studying jujitsu for his own health. But he didn’t know that he’d need all that to go down the rabbit hole for real. What’s Muncie’s relationship like with his estranged wife, son Demetrius, and his older daughter Kallie from another relationship? All of it is precarious. What’s going on between he and his wife, we made it a gray area. Maybe they both started out as young activists, and the other one moved into celebrity, and the other one is a college professor, and they’re just not meeting [each other] where they used to be. It was more about having a crisis of faith in each other. Then with his daughter [Kallie], he made choices when he was younger, in a relationship he was in before he went to an Ivy League school. So he’s sort of been a deadbeat dad in that way. Then with his younger son, he’s sort of an absentee father. He believes he’s doing the best that he can by providing financially and showing up when he can. But I think he’s been a bit selfish. So this whole crisis is helping him examine not only who he is, but who has he been—and not been—to his family. Now he’s got to do some relationship repair; at the same time, he’s trying to advocate and save his own life and protect his family. Has he lost himself a bit over the years in pursuit of success and ambition? I think so. But I think if you asked Muncie, he wouldn’t say that. I think he believed, no, it’s okay to change. It’s OK to have access and agency. But I think at some point he didn’t realize even in the position that he had, he was just all talk. He was just a talking head. He wasn’t actually doing anything but adding to the noise of the media circuit business. In the crisis that he goes through, how does his family help him to survive? I think he didn’t realize how much he needed them. When we meet him, he’s in a place of stasis. He’s been trying to write this book for years. So he decided to go to the Pocono mountains to try and start writing something. Then he goes on this journey. I think it’s a beautiful hero’s journey. He didn’t know he needed all these things. He didn’t know he needed a heart. He didn’t know he needed a brain...It is ‘no place like home.’ But he realized that his home was attached to other things like celebrity, clothing, and having access. But all of that became more superficial than he even imagined. Amanda Matlovich / Netflix Muncie was a housing activist in his youth, and he reconnects with his West Philly roots and the people in his life from that time. How does he change during the course of the series? I think it’s about helping him to bridge the two parts of himself. It’s one of the first arguments that my character has with the fantastic Eisa Davis, who plays Renee, while hosting a show on CNN. And it’s at the core of the problem. For me, it’s a question of, “What’s the best way?” He’s like, “I am Black and I don’t have to actually be out on the streets anymore. I have more access here on television where I can affect a lot of more people.” And so for me, it’s raising the question of, “Is that right or is that wrong? Or is there a balance of both?” How do race and systemic racism factor into the story of a Black man who gets blamed for the death of a white supremacist? How do you think that will be eye-opening for some viewers? Race plays into it a great deal. Muncie is someone who is probably very adept at code-switching [adjusting one’s style of speech, appearance, and expression to conform to a given community and reduce the potential for discrimination]. When you have celebrity and access, you live more in a bubble where you’re probably not perceived in certain ways. But when all of that goes away, once Muncie has to let go of his Range Rover, his Tom Ford suits, and his position at CNN, he’s perceived as just another ordinary Black man on the street. So even when he goes into that New York shop and changes into a T-shirt, baseball cap, and hoodie [to disguise himself], he’s trying to normalize. Before, he believed was a bit more elevated in some way. I love the question that [his estranged wife] Elena asked him: “What were you doing going over to this white man’s house out in the woods? You felt like you had the privilege to do that? You have to always be careful. You don’t know what’s on the other side. You’re a Black man in America.” He forgot for a moment. What does the title, The Madness , refer to? I think it’s about the madness that we’re all living in when it comes to the 24-hour news cycle and trying to download and sift through information. It’s maddening! And also, I think the madness is also internal, that internal struggle of like, “Who are you, and what do you believe in? Who is real, and who is not?” I think that’s the madness. The Madness , Series Premiere, Thursday, November 28, Netflix More Headlines:Netherlands beat Germany to reach first Davis Cup finalIT and industries minister D. Sridhar Babu on Sunday announced that BITS-Pilani, Hyderabad, would establish a Centre for Research Excellence in National Security (CRENS) in the city, which would play a pivotal role in supporting India’s journey towards self-reliance in the national security domain. The centre will collaborate with organisations such as DRDO, ISRO, DAE, tri-services, paramilitary forces, police, state-run defence companies and private companies, he said. Taking part in a programme to announce major investments, Sridhar Babu said that T-Works and CRENS were formalising a collaboration that would drive innovation and skill development in national security technologies. Sridhar Babu also announced the launch of agriculture data exchange (ADeX), a one-stop gateway for innovators, start-ups, and stakeholders. It has immense applications including in smart agri-credit and finance, soil nutrient management advisories, pest and weather-based cropping advisories and digitisation of farm records. The minister announced a collaboration between HDFC Bank and ADeX, which will focus on smart agri-credit. HDFC will provide loans of up to Rs 1 lakh to small and marginal farmers using authentic datasets available on the ADeX platform. This initiative will ensure quick, easy, and timely credit access, empowering farmers across Telangana. To address substance abuse among the youth and students, Sridhar Babu said that the Telangana Anti-Narcotics Bureau (TGANB), in partnership with the ITE&C department and the start-up ‘United We Care’ had developed an innovative AI-based tool. This WhatsApp-based chat application enables behavioral assessment of students, providing teachers and parents with a powerful mechanism to detect and prevent substance abuse early. Following a successful pilot, the Telangana government is now scaling up the application to reach 1,000 schools in and around Hyderabad. Sridhar Babu announced that a number of companies had come forward to announce their major investments on Praja Palana Vijayotsavalu, totalling Rs 7,592 crore that would provide employment to 5,200 persons. In the electronics and energy storage sector, Premier Energies will announce Rs 1,950 crore investment to manufacture solar ingots and set up an aluminium plant. Premier Energies Global Environment Pvt Ltd has come forward to invest Rs 3,342 crore to set up 4GW Solar PV TOP Con Cell and 4 GW Solar PV TOP Con Module. This company will create employment to 1,000 members. In the aerospace and defence sectors, Azad Engineering is willing to invest Rs 300 crore in phase-I and another Rs 500 crore in Phase 2 to set up a superalloy manufacturing plant, which will employ 600 members. In the general sector, Lenskart will invest Rs 1,500 crore to manufacture eyewear products. This plant will generate employment to 2,100 members.TORONTO — Canada's main stock index gained more than 150 points Wednesday after the Bank of Canada cut interest rates, while U.S. stock markets were mixed, led by a 1.8 per cent gain on the Nasdaq after the latest inflation report. The Bank of Canada cut its key interest rate by half a percentage point to 3.25 per cent. The outsized interest rate cut didn’t come as a surprise, but was welcomed by markets, said Brian Madden, chief investment officer with First Avenue Investment Counsel. On the TSX, “the leadership seems to be a combination of rate-sensitive areas like real estate and financials, and then pro-growth cyclicals like tech, indicating the strength in the U.S.,” he said. The S&P/TSX composite index closed up 153.37 points at 25,657.70. “With the policy rate now substantially lower, we anticipate a more gradual approach to monetary policy if the economy evolves broadly as expected,” he said. It was noteworthy that the Bank of Canada gave such a strong indication of what’s to come, said Madden. In New York, the Dow Jones industrial average was down 99.27 points at 44,148.56. The S&P 500 index was up 49.28 points at 6,084.19, while the Nasdaq composite was up 347.65 points at 20,034.89. Governor Tiff Macklem said the central bank will likely take a more cautious tack after December. In the U.S., the latest report on consumer inflation showed price growth ticked higher in November to 2.7 per cent. The “hotly anticipated” report came in exactly as expected, said Madden, and markets took it largely as good news. The U.S. Federal Reserve is still “all but certain” to cut its own rate by a quarter of a percentage point next week, said Madden. Also helping markets Wednesday were tech stocks, with Google continuing its gains from the day before after announcing its new quantum computing chip. The tech giant’s stock rose 5.5 per cent. Another tech name in the news was Broadcom, which saw its stock rise 6.6 per cent after an announcement that it’s working with Apple to develop an AI chip, noted Madden. Broadly, Wednesday saw a continuation of the momentum markets have enjoyed since the U.S. election, said Madden. The Canadian dollar traded for 70.65 cents US compared with 70.59 cents US on Tuesday. The January crude oil contract was up US$1.70 at US$70.29 per barrel and the January natural gas contract was up 22 cents at US$3.38 per mmBTU. The February gold contract was up US$38.30 at US$2,756.70 an ounce and the March copper contract was down a penny at US$4.26 a pound. — With files from The Associated Press This report by The Canadian Press was first published Dec. 11, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD) Rosa Saba, The Canadian Press
Arsenal investigate antisemitic posts from account allegedly belonging to kitman
Raising tax on North Sea oil and gas profits could “kill the goose that lays the golden egg” and threaten the transition to net zero, an MP has warned. The SNP’s Dave Doogan claimed the Finance Bill was “a further and final attack on North Sea oil and gas, on Scotland’s natural endowment”. Harriet Cross, Conservative MP for Gordon and Buchan, said the Government risks baking in the energy profits levy (EPL) to the tax system as a permanent feature, “creating long-term uncertainty that will drive investment away from north-east Scotland”. The Conservative government introduced the levy in May 2022, a time-limited windfall tax, which is currently set at a rate of 35% and due to end in March 2029. If MPs agree the Finance Bill, which they backed at its second reading on Wednesday by 332 votes to 176, majority 156, the levy would rise to 38% and continue until 2030. The draft legislation will undergo further scrutiny at a later date. Mr Doogan told the Commons: “The UK has drawn billions – hundreds of billions – of pounds from the North Sea over the course of my lifetime, the last 50 years, and it’s almost as though they’re addicted to it, so much so they’re going to kill the goose that lays the golden egg. “They’re hiking taxes, eroding allowances and driving investment from the North Sea in the businesses that are precisely the ones that we need to drive the transition to net zero in the places that we need them. “What other state would attack one of their own industries in this way? It’s beggars belief and it will come home to roost in spades. “It will not shift the dial towards the net-zero future that we’re trying to get to one bit. “The oil and gas that is being displaced from the Scottish sector by this Government’s ineptitude will be replaced by oil and gas from other jurisdictions, where the tax will be paid and where doubtless human rights are very much worse.” Ms Cross said: “What other industry in the UK would be expected to deliver something as fundamental as our heating, our lighting or our transport fuels, indeed energy to make sure the NHS can operate or schools can run, while also being taxed to such an extent that this Government is driving away investment in a sector so crucial to our national security? “What is particularly concerning with the EPL is the impact on homegrown energy businesses. These are not global multinationals that are often used as examples of the energy giants who make massive profits, companies which can and do buffer the impacts of EPL by increasing their overseas investments and reducing their investments in the North Sea. “Instead, this policy hits hardest the companies that have emerged and grown out of north-east Scotland, employing local people, supporting local supply chains and helping our local economies.” The MP, whose constituency lies north of Aberdeen, later added: “This Labour Government is turning what should be and what was a windfall tax into a permanent feature of our tax system, creating long-term uncertainty that will drive investment away from north-east Scotland.” Treasury minister Tulip Siddiq told MPs: “We recognise that oil and gas will continue to have a role in the energy mix during the transition. We need to drive public and private investment towards cleaner energy. “The money that’s raised by these changes will help contribute towards this public investment while the sector continues to benefit from £84.25 relief for every £100 of private investment, and to reflect our commitment to facilitating cleaner homegrown energy, the Government has confirmed that the sector will continue to benefit from a decarbonisation investment allowance at similar value of relief as it received prior to November energy profits levy rate increases.”‘I never thought we would become farmers,’ says F&N CEOTrump names Andrew Ferguson as head of Federal Trade Commission to replace Lina Khan
With a market valuation of Rs 10,512.65 Cr, KPI Green Energy Ltd. is a mid-cap company in the power generation industry. The stock surged 68.52% year-to-date and concluded Friday's trading session on the BSE at Rs 800.90, up 4.92%. KPI Green Energy Limited is the KP Group's solar and hybrid division. Located in Gujarat, it is a well-known solar and hybrid power generation enterprise. Founded in February 2008, the company deals in supplying solar and hybrid power through several business sectors. Under the "Solarism" brand, the company designs, constructs, owns, runs, and maintains solar and hybrid power plants as an Independent Power Producer (IPP) and as a service provider to Captive Power Producers (CPPs). KPI Green Energy Bonus Shares "Pursuant to Regulation 42 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant provisions of the Companies Act, 2013 and Rules made thereunder, the Company has fixed Friday, January 03, 2025, as the 'Record Date' for determining the eligibility of Shareholders entitled for issuance of Bonus Equity Shares of the Company in the proportion of 1 (One) Equity Shares of Rs. 5/- (Rupees Five only) each for every 2 (Two) existing Equity Share of Rs. 5/- (Rupees Five only) each, subject to the approval of Shareholders which is being obtained through Postal Ballot," said KPI Green Energy in a stock exchange filing. The estimated date by which such bonus shares would be credited/dispatched is on or before January 14, 2025 according to the company. KPI Green Energy News KPI Green Energy Limited earlier announced on December 2, 2024, that it has received its largest-ever order from Coal India Limited for the installation of a 300 MWAC (405 MWDC) ground-mounted solar PV plant, including complete operation and maintenance (O&M) services for a term of five years. This is the largest order that the whole Central PSU team has ever placed. In accordance with the tender timelines, the 300 MWAC (405 MWDC) ground-mounted solar PV project will be carried out at GIPCL's Solar Park in Khavda, Gujarat, with O&M for five years and a contract price of Rs. 13.11 billion. It will be completed on an EPC (Engineering, Procurement, and Construction) basis. Meanwhile, KPI Green Energy Limited and the Government of Rajasthan signed a Memorandum of Understanding (MoU) on December 19 to build hybrid, solar, and wind power projects in Jaisalmer (Ramgarh), Rajasthan. The Government of Rajasthan will assist the organisation or company in obtaining the required clearances, approvals, etc. from the relevant state agencies in accordance with the state government's current policies, rules, and regulations. KPI Green Energy Share Price Target "KPI Green Energy stock price is bullish on the Daily charts with strong support at 764. A Daily close above the resistance of 848 could lead to a target of 918 in the near term," commented A R Ramachandran, Independent Research Analyst. Disclaimer The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.'Rush the damn court!': Mizzou upsets No. 1 Kansas to earn Border War floor-stormingTECVAYLI® (teclistamab-cqyv) demonstrates potential as frontline combination therapy for patients with newly diagnosed multiple myeloma
Rail Wheel Plant engr felicitated( MENAFN - Robotics & automation News) Eurogate and partners launch autonomous terminal tractor proof-of-concept at Wilhelmshaven terminal December 22, 2024 by David Edwards A freight consortium in Europe has unveiled a proof-of-concept project that they say showcases“the next phase” of automated operations in port environments – its autonomous terminal tractor, or ATT. The consortium consists of Eurogate , one of Europe's largest container terminal and logistics companies, Embotech , a provider of autonomous driving solutions, Mafi , a manufacturer of terminal tractors, and ICT Group a leading European provider of industrial technology solutions. Early 2025 marks the start of a groundbreaking six-month project at Eurogate's Wilhelmshaven Container Terminal. This project is designed to rigorously test the capabilities of autonomous terminal tractors in a complex, dual-environment setting – encompassing both landside and waterside container handling, with integration into existing quay crane workflows. The project will deploy a Mafi's T series as a base vehicle, powered by Embotech's Level 4 AV-Kit, autonomous vehicle kit, and ICT Group's SmartECS will integrate the equipment with the Eurogate systems. This combination enables fully autonomous container transportation, optimizing both safety and efficiency in the terminal's operations. Holger Bomm, CEO at the Container Terminal Wilhelmshaven and Head of Automation at Eurogate, says:“We look forward to collaborate with Embotech, Mafi and ICT Group on this important project. “The proof-of-concept represents a significant step forward in our journey toward automated operations that meet the highest standards of efficiency, safety, and sustainability.” With Embotech's Level 4 AV-Kit, at their core, the ATTs are designed to optimize terminal operations with enhanced autonomy. Key benefits include the ability to navigate complex mixed-traffic environments, execute precise reverse driving with 5cm accuracy, and detect obstacles in any weather, ensuring smoother and safer operations. The system was tested successfully in landside operations in Rotterdam and will now expand into waterside operations, providing seamless integration with existing quay cranes. MENAFN22122024005532012229ID1109021546 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
HUNTSVILLE, Ala. — According to Alabama A&M Sports Information Director Brian Howard, Bulldogs football player Medrick Burnett Jr. is still alive and on life support following an injury during the Magic City Classic. Burnett Jr.'s mother, who is with him at the hospital, also says that he is still alive. FOX54's Simon Williams spoke to Howard about the player's condition and reports earlier today that he had passed away. Howard said the university got news last night from Burnett, Sr., who is on the West Coast, that Burnett, Jr. had passed. This corrects an earlier report of the player's death. On Wednesday morning, Alabama A&M University officials released a statement reporting that Burnett Jr. had died. The statement has since been removed from the school's website and social media. Bulldogs Head Football Coach Connell Maynor wore Burnett Jr.'s No. 51 the week following his injury, telling FOX54, "at the end of the day we play a game, but his life is on the line and that's on our hearts." Burnett Jr. appeared in seven games for Alabama A&M this season, recording three tackles during a game at Austin Peay. To support the Burnett family during this difficult time, a GoFundMe page has been set up. RELATED: Alabama A&M player remains hospitalized after Oct. 26 head injury during gameStephen Miller: Day One Trump Will 'Begin the Largest Deportation Operation in American History'