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Peacock’s ‘Hysteria!’ set in Michigan during 1980s satanic panicmay not show up in consumer products in the near future — however, quantum computing researchers say it represents a significant breakthrough in the field. That's because the chip solves a challenge that's existed in quantum computing for nearly 30 years, Google said in its announcement earlier this week. The challenge is reducing the amount of errors quantum computers generate while operating. Quantum computers aren't your standard laptop or desktop computer. Unlike your laptop, which uses bits to process information, quantum computers use something called qubits, short for quantum bits. Bits are binary digits, meaning they can only exist in one state at a time, typically as a 0 or 1. Qubits, on the other hand, can exist in multiple states simultaneously. That's important because it means you can process significantly more information at much faster speeds with qubits. That's the ultimate promise of quantum computers: They can process so much data in such short periods that they'll revolutionize science and medicine, helping us solve problems related to climate change and health, for example, that are far too complex to tackle with today's technology. However, right now, the best quantum computers can perform around a thousand operations before errors overwhelm the processing system, Steve Brierley, quantum computing researcher and CEO of error correction company Riverlane, told Business Insider. "If we want to get to this big potential like transformational technology, we need to get to millions and trillions of free operations," Brierley said. That's where Google's Willow chip has made a significant breakthrough. With the Willow chip, the more qubits Google adds, the fewer errors the system creates. The Willow chip reduces errors exponentially, the company said. The ability to reduce errors while scaling qubits is known in the field as being "below threshold," and it's been an unresolved challenge since 1995. This plays out via processing speed. Google said its researchers used the Random Circuit Sampling benchmark to compare computing speeds across various technologies. The RCS is a standard in the field and the "classically hardest" benchmark to pass, to compare computing speeds across various technologies. Google said its Willow chip can perform the standard benchmark computation in under five minutes, which would take one of the fastest supercomputers 10 septillion years to complete — longer than the known age of the universe. In the field of quantum, error correction is much more difficult and requires more hardware to function properly, which is why Google's advancement is so important, Mark Saffman, professor at the University of Wisconsin-Madison and director at the Wisconsin Quantum Institute, told BI. Brierley compared Google's quantum computing advancement to what mobile networks experienced when they shifted from 1G to 2G networks. When mobile networks shifted from 1G to 2G, "Qualcomm added error correction into the stack and this created a huge uplift in capability," Brierley said. "And this is exactly what's happening right now in quantum computing." The ability to constantly correct errors is a "key part" of building a quantum computer, he said. Once companies are able to scale qubits and advance quantum computing forward, they will be able to reach the point of real-world applications. Google said in a press briefing about the development that it has already partnered with companies in the pharmaceutical, material science, and battery space, among others. However, advancements in those fields may not be right around the corner. Saffman said he would like to see s in five years, but it's difficult to provide an exact number. Sebastian Weidt, quantum computer professor at the University of Sussex and co-founder and CEO of quantum computing company Universal Quantum, told BI that "we're still a little while away" from quantum computing impacting the general public. Weidt said that while there was initially hope that intermediate-scale computers could offer some value to a general consumer, the science shows that qubits need to be scaled by hundreds of thousands and eventually millions to unlock real-world applications. "There are many major roadblocks on their roadmap that need to be overcome for that technology to get to that scale," Weidt said. Still, Google's advancement moves quantum computing research to the next stage — and while investors may not be able to reap the benefits in the immediate short term, Brierley said announcements like this help attract capital and talent to the space. "There's still very very far to go to make it useful relative to conventional computers," Saffman said. "But it's a great step forward." Read the original article on
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HALIFAX — A veteran federal fisheries officer has been suspended for 10 days without pay for his role in arresting two Mi'kmaq elver fishers late at night and releasing them in only their stocking feet. Kevin Hartling and Blaise Sylliboy, both in their 20s, were arrested on March 26 as they fished for baby eels near Shelburne, N.S. They said three fisheries officers confiscated their phones and hip waders before leaving them at a gas station about a 45-minute drive from where they had been fishing. Hartling has said that after the two men were asked to leave the gas station, they walked in the cold without boots along a highway in southern Nova Scotia for hours before they were able to borrow a cellphone to reach a friend, who came and picked them up. After the incident became public in April, Prime Minister Justin Trudeau called it “extremely troubling” and promised a complete investigation. The Canadian Press verified the penalty imposed on the veteran officer but was unable to confirm what sanctions were imposed on the two more junior fishery officers. The supervisory officer's release of the men without footwear is described in the administrative investigation as a breach of the department's code of values and ethics. It was also considered a failure to "assume responsibility for care and control" of people under arrest, as detailed in the department's standard operating procedures. The discipline imposed considered the officer had no prior disciplinary breaches and "demonstrated remorse." The time without pay began on Wednesday and was to continue until the end of Christmas Day. Hartling, who spoke to The Canadian Press on Wednesday by text message, said he finds the penalty insufficient. "It seems like a pretty light penalty in my personal opinion. He should also have to do a behavioural course, so he isn’t doing this to more people," he wrote. "I would rather have had them take me to jail or at least cut our (hip) waders so we could have had something left on our feet." However, a source who didn't want to be identified due to potential employment repercussions reported that many federal Fisheries Department enforcement officers in Nova Scotia and New Brunswick booked off on mental health leave Wednesday to protest the penalties imposed. The source said many officers believe the supervisor followed arrest procedures in taking the men to a location of their choice — a gas station — and dropping them off. It is normal procedure for DFO officers to seize hip waders and cellphones when making arrests in suspected illegal fishing, and the officers do not bring people they arrest to jail in these circumstances, the source said. The source said the officers made some efforts to retrieve Sylliboy's and Hartlings' boots before they departed the scene of the arrest. "The expectation to drive somebody home when they live eight hours away (in Cape Breton) is not a realistic expectation. How do we go and buy or purchase these guys boots late at night? What options do the officers have to try to accommodate them?" asked the source. The Union of Health and Environment Workers, which represents the officers, declined comment Wednesday on the sanctions and on the officers' protest. Federal Fisheries Minister Diane Lebouthillier also declined comment, saying the finding is a human relations matter, and a spokeswoman for the Assembly of Nova Scotia Mi'kmaw Chiefs said they had no comment on an "internal DFO matter." Lebouthillier announced in July she had ordered an external review into the matter that would look at "procedures to eradicate the potential for systemic biases or racism." A spokesman said on Wednesday that the review hasn't started yet. This report by The Canadian Press was first published Dec. 11, 2024. Michael Tutton, The Canadian PressThe Kingdom of Saudi Arabia’s real estate developer ROSHN Group recently held the groundbreaking ceremony for ALMANAR, its inaugural fully integrated residential community in Makkah. The event was held under the patronage of advisor to the Custodian of the Two Holy Mosques and Governor of Makkah Region Prince Khalid Al-Faisal. During the event, attendees had the opportunity to explore the show villas and discover the diverse residential typologies available within the community, highlighting the Group’s mission to transform urban development and improve quality of life in the Kingdom. ALMANAR, a 21 million square meter community by ROSHN, features 33,000 residential units, a sustainable living environment, and green spaces, focusing on human needs. برعاية كريمة من صاحب السمو الملكي الأمير خالد الفيصل بن عبدالعزيز آل سعود، أمير منطقة #مكة_المكرمة ، وبحضور معالي أمين العاصمة المقدسة، أ. مساعد الداود، وسعادة الرئيس التنفيذي للهيئة الملكية لمدينة مكة المكرمة والمشاعر المقدسة، م. صالح الرشيد، وسعادة الرئيس التنفيذي للهيئة العامة... pic.twitter.com/lGWmwourJD It ensures effortless access to a wide array of community facilities and services, including schools, mosques, shopping centers, and healthcare facilities. With vibrant streets, open spaces, and recreational areas, ALMANAR fosters social connections, strengthens community bonds, and cultivates a deep sense of belonging. The community is strategically situated within the Al-Haram Boundaries, just 20 minutes from the Grand Mosque, less than an hour from King Abdulaziz Airport in Jeddah, and two minutes from Makkah Gate. It is distinctive in its location and design, blending traditional architecture with modern materials, resulting in a distinctive destination. “Spanning over 21 million square meters, ALMANAR will offer over 33,000 homes and provide over 150 amenities to cater to residents’ needs.” “ALMANAR Community represent a pivotal step creating an integrated living environment within Makkah Al-Mukarramah, which will be only 20 minutes away from Al-Masjid Al-Haram. As ROSHN Group, we are committed to both raising the quality of life and contribute to reshaping the urban landscape in Makkah Al-Mukarramah.” ROSHN Group’s Acting Group CEO Dr Khalid Johar said.McGregor must pay $250K to woman who says he raped her, civil jury rules
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GSL 2024 Live Streaming Online Lahore Qalandars vs Rangpur Riders: Watch Telecast of Global Super League Cricket Match on TV and OnlineAfter nearly one year of dating, Andrew Shue and Marilee Fiebig have just taken their relationship to the next level. The couple made their red carpet debut on Tuesday while attending the 2024 Grassroots Soccer World AIDS Day Gala at New York City’s Hall Des Lumieres. Shue, 57, wore a black suit with a gray pinstripe shirt, while Fiebig, 47, rocked a satin black dress. The pair posed alongside Tommy and Susanna Clark on the carpet before heading inside the event. On Friday, Fiebig took to Instagram to share a photo from the red carpet . “Thanks to @grassrootsoccer for an incredible evening at their 2024 World AIDS Day Gala in NYC this past week,” the attorney wrote in her caption. “The event supports life-saving health care programs for young people around the world, with a particular focus on sub-Saharan Africa. ❤️.” The upload also served as the “Melrose Place” star and Fiebig’s social media debut. Page Six broke the news in December 2023 that Shue and Fiebig were dating after meeting through their now-exes, Amy Robach and T.J. Holmes. Robach and Holmes, who are also now dating, were cohosts on “GMA3” and would often go on double dates with their then-spouses. However, after it was discovered in 2022 that Robach and Holmes were having an affair, Shue struck up a romance with Fiebig . “It turned into something else, and they’re connected over their values. It’s bigger than the affair now,” one source said of Shue and Fiebig’s relationship at the time. Since then, Shue and Fiebig have “gotten more serious.” “They are fully together and committed ,” an insider told us. “It’s a very healthy relationship.” Aside from a few paparazzi shots and this new public outing, Shue and Feibig have mostly kept their romance out of the public eye. Their exes, however, took a different approach and launched a podcast about their public fall from grace. Robach and Holmes have maintained they did not act inappropriately while married to their exes.
US finalizes up to $6.75 billion in chips awards for Samsung, Texas Instruments, AmkorAn online debate over foreign workers in tech shows tensions in Trump's political coalitionMaryland is suing the company that produces the waterproof material Gore-Tex often used for raincoats and other outdoor gear, alleging its leaders kept using “forever chemicals” long after learning about serious health risks associated with them. The complaint, which was filed last week in federal court, focuses on a cluster of 13 facilities in northeastern Maryland operated by Delaware-based W.L. Gore & Associates. It alleges the company polluted the air and water around its facilities with per- and polyfluoroalkyl substances , jeopardizing the health of surrounding communities while raking in profits. The lawsuit adds to other claims filed in recent years, including a class action on behalf of Cecil County residents in 2023 demanding Gore foot the bill for water filtration systems, medical bills and other damages associated with decades of harmful pollution in the largely rural community. “PFAS are linked to cancer, weakened immune systems, and can even harm the ability to bear children,” Maryland Attorney General Anthony Brown said in a statement. “It is unacceptable for any company to knowingly contaminate our drinking water with these toxins, putting Marylanders at risk of severe health conditions.” Gore spokesperson Donna Leinwand Leger said the company is “surprised by the Maryland Attorney General’s decision to initiate legal action, particularly in light of our proactive and intensive engagement with state regulators over the past two years.” “We have been working with Maryland, employing the most current, reliable science and technology to assess the potential impact of our operations and guide our ongoing, collaborative efforts to protect the environment,” the company said in a statement, noting a Dec. 18 report that contains nearly two years of groundwater testing results. But attorney Philip Federico, who represents plaintiffs in the class action and other lawsuits against Gore, called the company’s efforts “too little, much too late.” In the meantime, he said, residents are continuing to suffer — one of his clients was recently diagnosed with kidney cancer. “It’s typical corporate environmental contamination,” he said. “They’re in no hurry to fix the problem.” The synthetic chemicals are especially harmful because they’re nearly indestructible and can build up in various environments, including the human body. In addition to cancers and immune system problems, exposure to certain levels of PFAS has been linked to increased cholesterol levels, reproductive health issues and developmental delays in children, according to the Environmental Protection Agency. Gore leaders failed to warn people living near its Maryland facilities about the potential impacts, hoping to protect their corporate image and avoid liability, according to the state’s lawsuit. The result has been “a toxic legacy for generations to come,” the lawsuit alleges. Since the chemicals are already in the local environment, protecting residents now often means installing complex and expensive water filtration systems. People with private wells have found highly elevated levels of dangerous chemicals in their water, according to the class action lawsuit. The Maryland facilities are located in a rural area just across the border from Delaware, where Gore has become a longtime fixture in the community. The company, which today employs more than 13,000 people, was founded in 1958 after Wilbert Gore left the chemical giant DuPont to start his own business. Its profile rose with the development of Gore-Tex , a lightweight waterproof material created by stretching polytetrafluoroethylene, which is better known by the brand name Teflon that’s used to coat nonstick pans. The membrane within Gore-Tex fabric has billions of pores that are smaller than water droplets, making it especially effective for outdoor gear. The state’s complaint traces Gore’s longstanding relationship with DuPont , arguing that information about the chemicals' dangers was long known within both companies as they sought to keep things quiet and boost profits. It alleges that as early as 1961, DuPont scientists knew the chemical caused adverse liver reactions in rats and dogs. DuPont has faced widespread litigation in recent years. Along with two spinoff companies, it announced a $1.18 billion deal last year to resolve complaints of polluting many U.S. drinking water systems with forever chemicals. The Maryland lawsuit seeks to hold Gore responsible for costs associated with the state’s ongoing investigations and cleanup efforts, among other damages. State oversight has ramped up following litigation from residents alleging their drinking water was contaminated. Until then, the company operated in Cecil County with little scrutiny. Gore announced in 2014 that it had eliminated perfluorooctanoic acid from the raw materials used to create Gore-Tex. But it’s still causing long-term impacts because it persists for so long in the environment, attorneys say. Over the past two years, Gore has hired an environmental consulting firm to conduct testing in the area and provided bottled water and water filtration systems to residents near certain Maryland facilities, according to a webpage describing its efforts. Recent testing of drinking water at residences near certain Gore sites revealed perfluorooctanoic acid levels well above what the EPA considers safe, according to state officials. Attorneys for the state acknowledged Gore’s ongoing efforts to investigate and address the problem but said the company needs to step up and be a better neighbor. “While we appreciate Gore’s limited investigation to ascertain the extent of PFAS contamination around its facilities, much more needs to be done to protect the community and the health of residents,” Maryland Department of the Environment Secretary Serena McIlwain said in a statement. “We must remove these forever chemicals from our natural resources urgently, and we expect responsible parties to pay for this remediation.” Lea Skene, The Associated Press
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Businesses call to curb red tape, corruption to spur investmentTOKYO — A frog holding a taro-leaf umbrella. A parade of frolicking animals. An Ukiyo-e style Mount Fuji. Giant waves. A Japanese artist who goes by the name Lito carves these delicate designs on fallen leaves, giving life back to them. The world of Lito’s delicate art, which he began in 2020 and posts on social media almost daily, has won fans from around the world. The leaf art has also given him solace after earlier struggles with attention-deficit hyperactivity disorder, and a purpose in life — the joy of making people happy with his art. He enjoys working at night. From a pile of leaves treated with a wrinkle-free chemical, he picks one and places it on a cutting board. First, he outlines the design on the leaf with a pen in his right hand. Then he takes a design knife in his left hand and starts cutting the leaf carefully. Slowly, the leaf begins to take the shape of a frog carrying an umbrella — a simple design he demonstrated in a recent interview with The Associated Press. More complex, highly intensive work on a single leaf can take more than eight hours to complete. His leaf-cutting works include titles such as “Scrolls of Frolicking Animals,” “Leaf Aquarium,” and “Thirty-six Views of Mt. Fuji: The Great Wave off Kanagawa.” Each piece includes his own twists, and often uses animals. “I would rather finish it in one go when I am focused,” Lito, 38, said. He didn’t want to disclose his real name for personal reasons. Since his childhood, Lito says he has had high levels of concentration and patience. But he had trouble fitting into what was considered the norm at school or at work, despite all his efforts. He struggled to interpret others’ feelings and to avoid confrontations. After years of difficulty, he went to a hospital at age 30 and was told he has ADHD, a diagnosis that he felt explained why he has always done things differently. He saw no point in forcing himself to do things the same way as other people, and began to adjust his life. In early 2020, Lito came across the art of leaf cutting. He saw it as the perfect use of his patience and concentration. Word of his skills has spread across social media, and he has published books on his leaf-cutting work. He holds a near monthly solo exhibition in various places in Japan. “If I can make people happy by doing what I am doing, I want to do more. That’s my driving force for what’s next,” Lito says.
Elon Musk calls Trudeau an ‘insufferable tool’ on his social media platformMunster, Ind., Dec. 20, 2024 (GLOBE NEWSWIRE) -- Finward Bancorp (Nasdaq: FNWD) (the “Bancorp” or “Finward”), the holding company for Peoples Bank (the “Bank”), today announced that on December 20, 2024 the Board of Directors of Finward declared a dividend of $0.12 per share on Finward’s common stock payable on February 3, 2025 to shareholders of record at the close of business on January 21, 2025. About Finward Bancorp Finward Bancorp is a locally managed and independent financial holding company headquartered in Munster, Indiana, whose activities are primarily limited to holding the stock of Peoples Bank. Peoples Bank provides a wide range of personal, business, electronic and wealth management financial services from its 26 locations in Lake and Porter Counties in Northwest Indiana and the Chicagoland area. Finward Bancorp’s common stock is quoted on The NASDAQ Stock Market, LLC under the symbol FNWD. The website ibankpeoples.com provides information on Peoples Bank’s products and services, and Finward Bancorp’s investor relations. Forward Looking Statements This Current Report on Form 8-K may contain forward-looking statements regarding the financial performance, business prospects, growth, and operating strategies of Finward. For these statements, Finward claims the protections of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Statements in this communication should be considered in conjunction with the other information available about Finward, including the information in the filings Finward makes with the Securities and Exchange Commission (“SEC”). Forward-looking statements provide current expectations or forecasts of future events and are not guarantees of future performance. The forward-looking statements are based on management’s expectations and are subject to a number of risks and uncertainties. Forward-looking statements are typically identified by using words such as “anticipate,” “estimate,” “project,” “intend,” “plan,” “believe,” “will” and similar expressions in connection with any discussion of future operating or financial performance. Although management believes that the expectations reflected in such forward-looking statements are reasonable, actual results may differ materially from those expressed or implied in such statements. Risks and uncertainties that could cause actual results to differ materially include: the Bank’s ability to demonstrate compliance with the terms of the previously disclosed consent order and memorandum of understanding entered into between the Bank and the Federal Deposit Insurance Corporation (“FDIC”) and Indiana Department of Financial Institutions (“DFI”), or to demonstrate compliance to the satisfaction of the FDIC and/or DFI within prescribed time frames; the Bank’s agreement under the memorandum of understanding to refrain from paying cash dividends without prior regulatory approval; changes in asset quality and credit risk; the inability to sustain revenue and earnings growth; changes in interest rates and capital markets; inflation; customer acceptance of Finward’s products and services; customer borrowing, repayment, investment, and deposit practices; customer disintermediation; the introduction, withdrawal, success, and timing of business initiatives; competitive conditions; the inability to realize cost savings or revenues or to implement integration plans and other consequences associated with mergers, acquisitions, and divestitures; economic conditions; and the impact, extent, and timing of technological changes, capital management activities, and other actions of the Federal Reserve Board and legislative and regulatory actions and reforms. Additional factors that could cause actual results to differ materially from those expressed in the forward-looking statements are discussed in Finward’s reports (such as the Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K) filed with the SEC and available at the SEC’s Internet website ( www.sec.gov ). All subsequent written and oral forward-looking statements concerning Finward or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. Except as required by law, Finward does not undertake any obligation to update any forward-looking statement to reflect circumstances or events that occur after the date the forward-looking statement is made. In addition to the above factors, we also caution that the actual amounts and timing of any future common stock dividends or share repurchases will be subject to various factors, including our capital position, financial performance, capital impacts of strategic initiatives, market conditions, and regulatory and accounting considerations, as well as any other factors that our Board of Directors deems relevant in making such a determination. Therefore, there can be no assurance that we will repurchase shares or pay any dividends to the holders of our common stock, or as to the amount of any such repurchases or dividends. ### FOR FURTHER INFORMATION CONTACT INVESTOR RELATIONS (219) 853-7575Janine Harouni chatted about her upcoming shows at Soho Playhouse in New York, as well as her comedy career and being a part of the digital age. Can you tell us about your show at Soho Playhouse? (What can we expect) It’s first and foremost a stand-up show, so it’s full of jokes and funny stories – like the time I forced my husband to propose when I accidentally (on purpose) found the engagement ring in his night stand or the story of how I only realized I wanted to be a parent after taking magic mushrooms on a beach in Thailand. But it’s also a show that has heart and tackles some of life’s tougher subjects. What inspires your comedy? I write a lot about family, I come from a mixed family – Irish, Italian, Lebanese so there’s a lot of food and a lot of yelling. My favorite kind of comedy is the kind where you see yourself reflected back. So I tell a lot of personal stories from my life that I think people can relate to. What do your plans for the future include? I’d like to find some balance. It’s hard working and being a new parent. I’m trying to find the middle ground between holding on to myself and who I was before and making space for this new amazing little person in my life. I’ve also had pink eye four times this year so I’d like my future plans to include my son not picking up every infectious disease possible from daycare. That would be nice. How does it feel to be a part of the digital age? (Now with streaming, technology, and social media being so prevalent) Towards the tail end of covid I started posting clips of my stand up to social media and it really helped me build up a following. And because of that, last year I was able to tour to countries I’d never even been to. I performed in Mumbai, Bangalore, Dubai, and in cities all across Europe and the US. None of that would have been possible without social media, and sure it sucks up all my time and makes me feel incredibly anxious but that’s a small price to pay for an expenses paid trip to India, right? What is your advice for young and aspiring comedians? Do it. Don’t plan to do it, or think about doing it, just do it. The only way you get good is by doing. I waited a long time to try stand up because I was terrified of failing. So if that’s you – let me help you out. You are going to fail. A lot. In fact you’re going to fail more than you’re going to succeed. But there’s so much value in failing. We live in a culture that hides failure and shames it and devalues it. But failure is your greatest teacher. You learn so much more from your losses. So don’t fear it. Just book in an open mic spot and start. Were there any moments in your career that helped define you? The defining moment in my career was meeting the late great director Adam Brace. He’s directed many brilliant shows over the years including the Emmy winning “Just For Us” and a bunch of HBO specials. But I met him about two years into comedy when we were both relatively unknown. We argued over a bit of mine he said wouldn’t work and I insisted would and we then spent the next five years working (and arguing) together. That moment sparked one of my most creatively fulfilling comedy partnerships. Adam was comedy rocket fuel. He helped me grow so much as a comic and taught me that comedy can be much richer than just jokes. He encouraged me to not shy away from material that is personal and meaningful. And that completely transformed the work that I make. What does the word success mean to you? (My favorite question) I think we live in a culture that has very skewed vision of what it means to be a success. Can you be the best, make the most money, be the most well known, well respected — and the truth is I’ve met a lot of those people and they suck. In order to achieve all of that you have to sacrifice a lot of the things that ground you and make you happy: friends, family, outside interests. Nobody lays on their death bead asking to see their awards again or to look at their bank statement one last time. So the older I get the more I think true success is balance. You make enough money to live a life that’s comfortable, you’re proud of the work you do, and you nourish the relationships and things that nourish you back. That to me is true success. To learn more about Janine Harouni, follow her on Instagram . Markos Papadatos is Digital Journal's Editor-at-Large for Music News.Papadatos is a Greek-American journalist and educator that has authored over 22,000 original articles over the past 18 years. He has interviewed some of the biggest names in music, entertainment, lifestyle, magic, and sports. He is a 16-time "Best of Long Island" winner, where for three consecutive years (2020, 2021, and 2022), he was honored as the "Best Long Island Personality" in Arts & Entertainment, an honor that has gone to Billy Joel six times.
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US News Today Live Updates on December 28, 2024 : Florida pizza delivery woman stabs pregnant lady 14 times over $2 tip dispute: Shocking details revealedLAHORE: Chief of Jamaat-e-Islami Hafiz Naeem-ur-Rehman has criticized the government’s policies, calling them detrimental to the people. Addressing a press conference at Mansoorah on Saturday, following a consultative meeting with Punjab’s leadership; he said the rule of fraudulent elements that came to power through fake Form 47 cannot resolve the nation’s problems. JI Chief said that the Prime Minister’s claims about reducing inflation are a pack of lies, he asserted, pointing to a staggering 319% increase in gas prices as evidence. “The government itself spreads fake news,” he said, adding that it imposed internet restrictions and suppressed dissent. “Dictatorship and censorship will not be accepted,” he asserted. In response to a question regarding the issue of madrasah registration, Rehman said Jamaat-e-Islami supports the process of registration but stressed the need to involve all stakeholders (boards of religious seminaries) to resolve the matter. He criticized the political practices of the Pakistan Democratic Movement (PDM), citing the 26th Amendment as a lesson for the nation. He highlighted that Jamaat-e-Islami’s “Haq Do Awam Ko” (give the people their rights) movement is ongoing, with plans for marches in Lahore and other major cities of Punjab to address farmers’ grievances. The JI chief strongly condemned former U.S. President Donald Trump’s threats to Gulf countries, calling them equivalent to genocide. He also denounced Israel’s atrocities in Gaza, carried out with U.S. support, and demanded an immediate ceasefire. He announced a Million March in Islamabad on December 29 in solidarity with the Palestinian people. Rehman demanded the formation of an independent and empowered commission to investigate the killing of PTI protestors in Islamabad. He condemned the arrests of Pashtuns in the federal capital, calling it an attempt to foster division and prejudice. He said the government is lying about casualties during the protests, saying that Jamaat-e-Islami itself is aware of six to seven deaths. He announced the establishment of a legal assistance cell in Islamabad to aid those facing police harassment or other grievances. In response to another question regarding the deteriorating economic situation, Rehman criticized the government for failing to control soaring prices of electricity, petrol, gas, and essential commodities. He stated that 100 million people now live below the poverty line, with the poor and middle class struggling to survive. He condemned the government’s actions, such as slowing internet speeds, which he said are destroying the livelihoods of millions. “Such tactics are unacceptable,” he declared. He called on the government to end privileges for the ruling elite and urged them to pay taxes instead of burdening the poor and salaried class. He criticized the lack of fair prices for farmers’ produce, particularly sugarcane, and questioned why the government cannot provide agricultural subsidies while failing to tax feudal landlords. When asked, Rehman said that Jamaat-e-Islami will stage protests for farmers’ rights in Vehari, Mandi Bahauddin, Jhang, and later in Lahore. He called for the benefits of Independent Power Producer (IPP) agreements to be used for reducing electricity prices. “The movement for public issues will continue,” he said, adding that grassroots public committees will be formed in urban and rural areas. He reiterated Jamaat-e-Islami’s commitment to fighting for democracy, the rule of law, and the rights of the people, while vowing to end the dominance of the ruling elite. Copyright Business Recorder, 2024
Name two stocks that hit their all-time high last Friday – with strong volumes? This may seem an insignificant question as some stock or the other hits its high every day. But the question has relevance for three reasons. One: The size of these companies in terms of market cap. They are both large-caps. And two: They pretty much belong to the same industry. And last, but not least, they were quoting at a PE above 100. Now let's look at the
