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W hen MSNBC’s morning hosts Joe Scarborough and Mika Brzezinski announced to their viewers last week that they had paid a visit to Donald Trump at his Florida resort of Mar-a-Lago they must have suspected there would be a reaction. The married co-hosts on the liberal news network made hay for years lambasting Trump, especially in the run-up to the presidential election. Now, in the wake of his victory, they told their viewers they were seeking to reset communications with the man they had warned only a few weeks ago was set to bring fascism to America. “Joe and I realized it’s time to do something different,’ Brzezinski told Morning Joe viewers on Monday. “That starts with not only talking about Donald Trump but also talking with him.” Their reward? An online barn-burning by their critics online and a fall in viewer numbers for a show – and a network – already struggling in a rapidly declining US cable news sector. The following morning, broadcast viewing figures for the network plummeted 38%, according to Nielsen Media Research. Yet Scarborough and Brzezinski’s about-face is just one data point in the US media landscape that shows that some core elements of the press in America may be recalibrating its approach to how it covers the second Trump administration and where the all-in oppositional attitude that defined much of the press in his first term is in retreat. Yet the moves come after an election campaign in which Trump frequently attacked the media and dubbed them “enemies of the people”. It comes as his allies have threatened to curb the press and attack their media critics. They have also already launched a wave of multibillion-dollar lawsuits against a host of media companies for their coverage that they often baselessly claim to be bias, such as Trump’s allegation that CBS misleadingly edited an interview with Kamala Harris. Certainly those threats seemed to be at play with MSNBC , which is now also facing an uncertain future as the network is being spun off by its corporate parent, Comcast. A subsequent sale would come under the purview of Trump-appointed regulators. According to Puck News, the couple’s visit to Trump’s tropical paradise was because Scarborough was said to be “petrified” that the president-elect’s Department of Justice would go after him. “That’s what this was about,” a source told the news site about the motive. “It has nothing to do with ratings or Comcast. It’s all about fear of retribution and investigation.” “It was about access and power,” said Jeff Jarvis, a media writer. “But this visit didn’t do anything for access, and they didn’t come back with anything journalistic. They were willing to throw the reputation of the show, their reputations and the reputation of the network over for their own personal fears.” But MSNBC is not alone in facing tough choices. The US media are facing numerous issues: fears over what Trump might do, complex business decisions and interests faced by their corporate owners, and also an understanding that the president-elect won the popular vote, showing that their audiences exist beyond the safe havens of Trump criticism. But these are choppy waters. The Washington Post, famed for bringing down Richard Nixon, has been the focus of controversy under its billionaire owner, Jeff Bezos , and the British journalist, Will Lewis, he has tasked with running the once-storied brand. The Washington Post lost 250,000 subscribers after it declined to make a presidential endorsement. Bezos defended the decision , triggering suspicion that Amazon’s role as a defense industry data cloud contractor had played a part. But since Trump won, Lewis has not changed tack and a longstanding and widely respected political editor at the paper was reportedly removed from his job last week. The Post’s controversy has played at the same time as the Los Angeles Times made a similar call to block an endorsement of Kamala Harris , also triggering widespread dismay in the newsroom and a questioning of how critical of Trump the newspaper would continue to be. The Los Angeles Times’ billionaire owner, Patrick Soon-Shiong, framed the matter as an attempt at neutrality, though his activist daughter Nika Soon-Shiong also said the decision was informed by Harris’s continued support for Israel as it wars in Gaza – which he later confirmed in an internal email . After years of anti-Trump coverage under Jeff Zucker, CNN is also effecting course-correction. Last week, the cable news giant’s Dana Bash said it was unclear whether a group of men carrying swastika flags marching in Columbus, Ohio, belonged to the far right or far left. “A group of neo-Nazis paraded through that city wearing, waving swastikas, covering their faces,” Bash said. “We don’t know what side of the aisle this comes from. I mean, typically neo-Nazis are from the far right.” The statement immediately attracted ridicule for its seemingly bizarre attempt at neutrality. Sign up to The Stakes — Presidential Transition We will guide you through the aftermath of the US election and the transition to a Trump presidency after newsletter promotion Some at the New York Times, too, are offering a more ameliorated tone than under the first Trump administration , even as the paper has continued to break stories on Trump’s preparations to return to power. The columnist David Brooks advocated soon after the election that Trump is a “sower of chaos, not fascism”, adding: “In chaos there’s opportunity for a new society and a new response to the Trumpian political, economic and psychological assault.” It is certainly a complex challenge. The media’s symbiotic relationship with Trump was both nurturing and self-destructive the first time around as readerships boomed, but a significant chunk of the population – the chunk that delivered Trump back into the White House – became even more hostile to the mainstream media and embraced the idea it was “fake news”. The news industry in the US, with a few exceptions, is on life support as audiences fracture and social media traffic referrals dry up. Social media is more trusted by the public, and the press is now facing a second hostile Trump administration with diminished resources. But would a more restrained approach work? Would it attract readers previously hostile to the media, and would it blunt any attacks from the Trump administration? Some are skeptical. “You’re trying to pursue readers you’ll never have and in the process pissing off the readers you do have,” Jarvis, the media writer, said of outlets playing it safe on Trump. “That’s the paradox – mass media still believes in the mass media. The challenge for journalism now is for people to feel heard and a separation from the power structures of politics and money.” The only network firmly in a good place appears to be rightwing Fox News , which dominated 24-hour news broadcasting through the election cycle and seems confident of its identity as America returns to life under a Trump presidency. Fox News finished the week of 11-17 November with its highest share of the cable news audience in the network’s 28-year history across multiple categories, while MSNBC saw its lowest-rated week in quarter of a century. For some observers, all this makes for worrying times ahead as America confronts a president with openly autocratic sympathies and a radical rightwing agenda. “The press is going to find itself in an existential battle for its own integrity if it does not decide to confront and challenge Trump top to bottom. There’s no way a truly free press can be neutral about lies and broken civic norms and survive,” said Jim Sleeper, author and retired lecturer in political science at Yale University. “If the populace has decided to trade in its freedom and rights for stability and security that authoritarians always promise, then the press has to make a choice and decide that honest journalists are dissidents.”While women will fill a record number of state legislative seats in 2025, the overall uptick will be slight, filling just over third of legislative seats. Races in some states are still being called. "We certainly would like to see a faster rate of change and more significant increases in each election cycle to get us to a place where parity in state legislatures is less novel and more normal," said Kelly Dittmar, director of research at the CAWP, which is a unit of the Eagleton Institute of Politics at Rutgers University. As of Wednesday, at least 2,450 women will serve in state legislatures, representing 33.2% of the seats nationwide. The previous record was set in 2024 with 2,431 women, according to the CAWP. The number of Republican women, at least 851, will break the previous record of 815 state lawmakers set in 2024. "But still, Republican women are very underrepresented compared to Democratic women," Debbie Walsh, director of the CAWP, said. By the most recent count, 19 states will have increased the number of women in their state legislatures, according to the CAWP. The most notable increases were in New Mexico and Colorado, where women will for the first time make up a majority of lawmakers. In New Mexico, voters sent an 11 additional women to the chambers. Colorado previously attained gender parity in 2023 and is set to tip over to a slight female majority in the upcoming year. The states follow Nevada, which was the first in the country to see a female majority in the legislature following elections in 2018. Next year, women will make up almost 62% of state lawmakers in Nevada, far exceeding parity. Women in California's Senate will make up the chamber's majority for the first time in 2025 as well. Women also made notable gains in South Dakota, increasing its number by at least nine. At least thirteen states emerged from the election with fewer female lawmakers than before, with the most significant loss occurring in South Carolina. This year, the only three Republican women in the South Carolina Senate lost their primaries after they stopped a total abortion ban from passing. Next year, only two women, who are Democrats, will be in the 46-member Senate. No other state in the country will have fewer women in its upper chamber, according to the CAWP. Women make up 55% of the state's registered voters. Half the members in the GOP dominated state were elected in 2012 or before, so it will likely be the 2040s before any Republican woman elected in the future can rise to leadership or a committee chairmanship in the chamber, which doles out leadership positions based on seniority. A net loss of five women in the legislature means they will make up only about 13% of South Carolina's lawmakers, making the state the second lowest in the country for female representation. Only West Virginia has a smaller proportion of women in the legislature. West Virginia stands to lose one more women from its legislative ranks, furthering its representation problem in the legislature where women will make up just 11% of lawmakers. Many women, lawmakers and experts say that women's voices are needed in discussions on policy, especially at a time when state government is at its most powerful in decades. Walsh, director of the CAWP, said the new changes expected from the Trump administration will turn even more policy and regulation to the states. The experiences and perspectives women offer will be increasingly needed, she said, especially on topics related to reproductive rights, healthcare, education and childcare. "The states may have to pick up where the federal government may, in fact, be walking away," Walsh said. "And so who serves in those institutions is more important now than ever."Trump offers support for dockworkers union by saying ports shouldn’t install more automated systemsDrones for commercial and recreational use have grown rapidly in popularity, despite restrictions on who can operate them and where they can be flown. No-fly zones are enforced around airports, military installations, nuclear plants, certain landmarks including the Statue of Liberty, and sports stadiums during games. Not everybody follows the rules. Sightings at airports have shut down flights in a few instances. Reported sightings of what appear to be drones flying over New Jersey at night in recent weeks have created anxiety among some residents, in part because it is not clear who is operating them or why. Some state and local officials have called for stricter rules to govern drones. After receiving reports of drone activity last month near Morris County, New Jersey, the Federal Aviation Administration issued temporary bans on drone flights over a golf course in Bedminster , New Jersey, that is owned by President-elect Donald Trump, and over Picatinny Arsenal Military Base . The FAA says the bans are in response to requests from “federal security partners.” The FAA is responsible for the regulations governing their use , and Congress has written some requirements into law. With a 2018 law, the Preventing Emerging Threats Act, Congress gave certain agencies in the Homeland Security and Justice departments authority to counter threats from unmanned aircraft to protect the safety of certain facilities. New drones must be outfitted with equipment allowing law enforcement to identify the operator, and Congress gave the agencies the power to detect and take down unmanned aircraft that they consider dangerous. The law spells out where the counter-drone measures can be used, including “national special security events” such as presidential inaugurations and other large gatherings of people. To get a “remote pilot certificate,” you must be at least 16 years old, be proficient in English, pass an aeronautics exam, and not suffer from a ”mental condition that would interfere with the safe operation of a small unmanned aircraft system.” Yes, but the FAA imposes restrictions on nighttime operations. Most drones are not allowed to fly at night unless they are equipped with anti-collision lights that are visible for at least 3 miles (4.8 kilometers). Over the past decade, pilots have reported hundreds of close calls between drones and airplanes including airline jets. In some cases, airplane pilots have had to take evasive action to avoid collisions. Drones buzzing over a runway caused flights to be stopped at London’s Gatwick Airport during the Christmas travel rush in 2018 and again in May 2023 . Police dismissed the idea of shooting down the drones, fearing that stray bullets could kill someone. Advances in drone technology have made it harder for law enforcement to find rogue drone operators — bigger drones in particular have more range and power. Some state and local officials in New Jersey are calling for stronger restrictions because of the recent sightings, and that has the drone industry worried. Scott Shtofman, director of government affairs at the Association for Uncrewed Vehicle Systems International, said putting more limits on drones could have a “chilling effect” on “a growing economic engine for the United States.” “We would definitely oppose anything that is blindly pushing for new regulation of what are right now legal drone operations,” he said. AirSight, a company that sells software against “drone threats,” says more than 20 states have enacted laws against privacy invasion by drones, including Peeping Toms. Will Austin, president of Warren County Community College in New Jersey, and founder of its drone program, says it's up to users to reduce public concern about the machines. He said operators must explain why they are flying when confronted by people worried about privacy or safety. “It's a brand new technology that's not really understood real well, so it will raise fear and anxiety in a lot of people,” Austin said. “We want to be good professional aviators and alleviate that.” Associated Press reporter Rebecca Santana in Washington, D.C., contributed.

Blue Owl Capital Inc. (NYSE:OWL) Position Increased by Natixis Advisors LLC2 Stocks to Buy Before Prices Skyrocket: Act NowTrump offers support for dockworkers union by saying ports shouldn’t install more automated systems

By JOSH BOAK WASHINGTON (AP) — President-elect Donald Trump on Thursday voiced his support for the dockworkers union before their contract expires next month at Eastern and Gulf Coast ports, saying that any further “automation” of the ports would harm workers. Related Articles National Politics | Will Kamala Harris run for California governor in 2026? The question is already swirling National Politics | Senate begins final push to expand Social Security benefits for millions of people National Politics | Trump taps immigration hard-liner Kari Lake as head of Voice of America National Politics | Trump extends unprecedented invites to China’s Xi and other world leaders for his inauguration National Politics | Pressure on a veteran and senator shows what’s next for those who oppose Trump The incoming president posted on social media that he met Harold Daggett, the president of the International Longshoreman’s Association, and Dennis Daggett, the union’s executive vice president. “I’ve studied automation, and know just about everything there is to know about it,” Trump posted. “The amount of money saved is nowhere near the distress, hurt, and harm it causes for American Workers, in this case, our Longshoremen. Foreign companies have made a fortune in the U.S. by giving them access to our markets. They shouldn’t be looking for every last penny knowing how many families are hurt.” The International Longshoremen’s Association has until Jan. 15 to negotiate a new contract with the U.S. Maritime Alliance, which represents ports and shipping companies. At the heart of the dispute is whether ports can install automated gates, cranes and container-moving trucks that could make it faster to unload and load ships. The union argues that automation would lead to fewer jobs, even though higher levels of productivity could do more to boost the salaries of remaining workers. The Maritime Alliance said in a statement that the contract goes beyond ports to “supporting American consumers and giving American businesses access to the global marketplace – from farmers, to manufacturers, to small businesses, and innovative start-ups looking for new markets to sell their products.” “To achieve this, we need modern technology that is proven to improve worker safety, boost port efficiency, increase port capacity, and strengthen our supply chains,” said the alliance, adding that it looks forward to working with Trump. In October, the union representing 45,000 dockworkers went on strike for three days, raising the risk that a prolonged shutdown could push up inflation by making it difficult to unload container ships and export American products overseas. The issue pits an incoming president who won November’s election on the promise of bringing down prices against commitments to support blue-collar workers along with the kinds of advanced technology that drew him support from Silicon Valley elite such as billionaire Elon Musk. Trump sought to portray the dispute as being between U.S. workers and foreign companies, but advanced ports are also key for staying globally competitive. China is opening a $1.3 billion port in Peru that could accommodate ships too large for the Panama Canal. There is a risk that shippers could move to other ports, which could also lead to job losses. Mexico is constructing a port that is highly automated, while Dubai, Singapore and Rotterdam already have more advanced ports. Instead, Trump said that ports and shipping companies should eschew “machinery, which is expensive, and which will constantly have to be replaced.” “For the great privilege of accessing our markets, these foreign companies should hire our incredible American Workers, instead of laying them off, and sending those profits back to foreign countries,” Trump posted. “It is time to put AMERICA FIRST!”Justice Minister commends Nikita Hand after McGregor case

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The Role of Technology in Advancing Kratom Brand QualityDrivers who convert to electric cars to bank in on cash boost in new election promise as Fine Gael target votesMOON TOWNSHIP, Pa. (AP) — Zach Tanner threw two touchdown passes to Shawn Charles and Robert Morris ended the season with a 31-13 win over Stonehill on Saturday. Tanner and Charles hooked up for an 86-yard score on the second snap for the Colonials (7-5, 4-2 Northeast Conference) and then went for 51 yards to make it 21-0 after one quarter. Tanner was 13 of 20 for 268 yards with two interceptions. Charles caught four passes for 149 yards. DJ Moyer capped a 69-yard drive in the first quarter with a 1-yard plunge. Danny Hurley kicked two field goals to help get the Skyhawks (1-10, 0-6) within eight points but a field goal and a Turner Schmidt fumble recovery for a score wrapped up the game for Robert Morris. AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football . Sign up for the AP’s college football newsletter: https://apnews.com/cfbtop25Germany has pledged to tighten its law to make it easier to prosecute people-smugglers enabling small-boat crossings to Britain, as the two countries signed a new deal aimed at tackling immigration crime. Berlin confirmed plans to reform its legal framework make it a clear criminal offence to “facilitate the smuggling of migrants to the UK” as part of the agreement, the Home Office said. The Home Office said the move would give German prosecutors more tools to tackle the supply and storage of dangerous small boats. Both countries will also commit to exchange information that may help to remove migrant-smuggling content from social media platforms and tackle end-to-end routes of criminal smuggling networks as part of the deal. It comes ahead of the UK and Germany hosting the so-called Calais Group in London, which sees ministers and police from the two countries, alongside France, Belgium and the Netherlands, gather to discuss migration in Europe. Delegates are expected to agree a detailed plan to tackle people-smuggling gangs in 2025 at the meeting on Tuesday. Home Secretary Yvette Cooper said: “For too long organised criminal gangs have been exploiting vulnerable people, undermining border security in the UK and across Europe while putting thousands of lives at risk. “We are clear that this cannot go on. “Germany is already a key partner in our efforts to crack down on migrant smuggling, but there is always more we can do together. “Our new joint action plan with deliver a strengthened partnership with Germany, boosting our respective border security as we work to fix the foundations, and ultimately saving lives.” Nancy Faeser, German federal minister of the interior said: “We are now stepping up our joint action to fight the brutal activities of international smugglers. “This is at the core of our joint action plan that we have agreed in London. “I am very grateful to my British counterpart Yvette Cooper that we were able to reach this important agreement. “It will help us end the inhumane activities of criminal migrant smuggling organisations. “By cramming people into inflatable boats under threats of violence and sending them across the Channel, these organisations put human lives at risk. “Many of these crimes are planned in Germany. “Together, we are now countering this unscrupulous business with even more resolve. “This includes maintaining a high investigative pressure, exchanging information between our security authorities as best as possible, and persistently investigating financial flows to identify the criminals operating behind the scenes.”

By JOSH BOAK WASHINGTON (AP) — President-elect Donald Trump on Thursday voiced his support for the dockworkers union before their contract expires next month at Eastern and Gulf Coast ports, saying that any further “automation” of the ports would harm workers. Related Articles National Politics | Will Kamala Harris run for California governor in 2026? The question is already swirling National Politics | Senate begins final push to expand Social Security benefits for millions of people National Politics | Trump taps immigration hard-liner Kari Lake as head of Voice of America National Politics | Trump extends unprecedented invites to China’s Xi and other world leaders for his inauguration National Politics | Pressure on a veteran and senator shows what’s next for those who oppose Trump The incoming president posted on social media that he met Harold Daggett, the president of the International Longshoreman’s Association, and Dennis Daggett, the union’s executive vice president. “I’ve studied automation, and know just about everything there is to know about it,” Trump posted. “The amount of money saved is nowhere near the distress, hurt, and harm it causes for American Workers, in this case, our Longshoremen. Foreign companies have made a fortune in the U.S. by giving them access to our markets. They shouldn’t be looking for every last penny knowing how many families are hurt.” The International Longshoremen’s Association has until Jan. 15 to negotiate a new contract with the U.S. Maritime Alliance, which represents ports and shipping companies. At the heart of the dispute is whether ports can install automated gates, cranes and container-moving trucks that could make it faster to unload and load ships. The union argues that automation would lead to fewer jobs, even though higher levels of productivity could do more to boost the salaries of remaining workers. The Maritime Alliance said in a statement that the contract goes beyond ports to “supporting American consumers and giving American businesses access to the global marketplace – from farmers, to manufacturers, to small businesses, and innovative start-ups looking for new markets to sell their products.” “To achieve this, we need modern technology that is proven to improve worker safety, boost port efficiency, increase port capacity, and strengthen our supply chains,” said the alliance, adding that it looks forward to working with Trump. In October, the union representing 45,000 dockworkers went on strike for three days, raising the risk that a prolonged shutdown could push up inflation by making it difficult to unload container ships and export American products overseas. The issue pits an incoming president who won November’s election on the promise of bringing down prices against commitments to support blue-collar workers along with the kinds of advanced technology that drew him support from Silicon Valley elite such as billionaire Elon Musk. Trump sought to portray the dispute as being between U.S. workers and foreign companies, but advanced ports are also key for staying globally competitive. China is opening a $1.3 billion port in Peru that could accommodate ships too large for the Panama Canal. There is a risk that shippers could move to other ports, which could also lead to job losses. Mexico is constructing a port that is highly automated, while Dubai, Singapore and Rotterdam already have more advanced ports. Instead, Trump said that ports and shipping companies should eschew “machinery, which is expensive, and which will constantly have to be replaced.” “For the great privilege of accessing our markets, these foreign companies should hire our incredible American Workers, instead of laying them off, and sending those profits back to foreign countries,” Trump posted. “It is time to put AMERICA FIRST!”1 2 Lucknow: Several new investment proposals , including one from Tata Technologies for investment in the Jhansi leg of the UP defence corridor , are under evaluation by the state govt, an official spokesperson said on Tuesday. Citing the UP expressways industrial development authority's periodic progress report, the spokesperson said: "Several major investment proposals and MoUs from prominent companies are under evaluation. The list includes Tata Technologies among others." Listing some of the proposals, they said that Optic Electronic India Private Limited is willing to invest Rs 800 crore for small arms manufacturing, research and development, while Nitrodynamics Aerospace and Defence Private Limited put up a proposal to the tune of Rs 600 crore. Tata Technologies is willing to develop a Common Facility Centre (CFC) with an investment of Rs 500 crore, even as Paavak Industries Private Limited wants to set up an arms and ammunition proof testing facility, along with a test firing range, with a planned investment of Rs 460 crore. Navbharat Defence Systems Private Limited submitted a proposal to build a facility for producing explosives such as TNT, NC-NG, RDX, among others, pledging an investment of Rs 322 crore. The spokesperson added that some companies were set to step up their investment. This list includes Kalyani Strategic Systems Private Limited, Kalyan Deftech LLP (focused on drone manufacturing and detection systems), NextStrat Tech Vision LLP, Spacefield Private Limited (for solid propellants), and Global Technocrats Private Limited (for unmanned ground vehicles, drones and combustible cartridge cases). Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , and Mini Crossword .

A shameless cover upORLANDO, Fla. (AP) — , the U.S. Open's first female tournament director, will step down from that post after the 2025 edition of the Grand Slam event and shift from her job as the U.S. Tennis Association's chief executive of to an advisory role with the organization. The USTA announced Allaster's job changes Wednesday and said she will help pick her successor as tournament director after the U.S. Open ends next September. Allaster became the U.S. Open tournament director in 2020, the first woman to hold that position in the history of a tournament first held in 1881. She has worked at the USTA since 2016 and before that was the chairman and CEO of the WTA women's professional tennis tour. “It's hard to put into words the impact Stacey has made on our sport,” seven-time Grand Slam singles champion Venus Williams posted on social media. “She’s been a true champion for the game, and has paved the way for more women in leadership. We’re all inspired by you and grateful to call you a friend. Excited to see you continue striving forward. Congratulations Stacey.” USTA CEO and executive director Lew Sherr called Allaster “a tireless advocate for gender equality, leaving a legacy that will continue to inspire future generations in our sport.” ___ AP tennis: The Associated PressNone

Bitcoin proxy MicroStrategy to join the Nasdaq 100 and heavily traded ‘QQQ' ETFAfraid of losing the US-Canada trade pact, Mexico alters its laws and removes Chinese parts

( MENAFN - Newsfile Corp) Toronto, Ontario--(Newsfile Corp. - December 13, 2024) - Impact Development Group Inc. ( TSXV: IMPT ) (" Impact ", or the " Company "), a leading Panamanian developer of affordable housing solutions, would like to provide updates on its activities in the Republic of Panama in connection with the Housing Solidarity Subsidy (the " Program ") which governs subsidies issued in connection with homes built for social interest purposes. On July 1st, 2024 the Ministry of Housing and Land Management (" MIVIOT ") commenced a comprehensive review of the Program and other subsidies issued in connection with homes built for social interest purposes. MIVIOT has since paused the approval of subsidies in connection with the building and delivery of new homes, and the Program has lapsed effective June 30, 2024. Since August, MIVIOT has maintained a working group with housing developers across the country, generating several proposals for alternatives to the Program, all of which remain under review and have not yet been implemented. There has been no indication from the government of Panama that the Program will be resumed. MIVIOT is currently continuing to honor payments for homes that received certification pursuant to the Program prior to June 30, 2024. As of the date of this news release, the Company has a total of 125 homes that are pending subsidy payments or certification under the Program and 171 homes in inventory, either completed or under construction, that have not yet received MIVIOT subsidy certification under the Program. It is unclear if 171 of those homes will ever receive MIVIOT certification to receive subsidies pursuant to the Program. Given the current circumstances, the Company has been evaluating its strategic objectives as they relate to its operations in Panama to focus on the delivery of existing inventory, pause all new development, and consider opportunities to diversify the Company's business. In alignment with this proposed strategy, the Company recently completed the acquisition of Fusion Software, LLC (" Fusion Software "), a leading US-based platform for managing low-income housing tax credit portfolios for housing developers, syndicators and investors. This acquisition marks a significant milestone in Impact's commitment to affordable housing solutions and expands the Company's capabilities in other markets. For further details regarding the acquisition of Fusion Software, please see the Company's news release dated October 25, 2024. To continue growing and diversifying the business, the Company is evaluating initiatives peripheral to building affordable homes under the Program. This includes evaluating options to expand into new residential or commercial development activities outside of the Program. Any new initiative pursued by Impact will seek to leverage its core competencies developed over the 11 years of its operational success in Panama. Other strategies currently under evaluation by the Company's management include geographic expansion to adjacent markets with similar programs and the diversification into new technology-enabled revenue streams in affordable housing. Any material change to the business following the conclusion of the Company's evaluations will be conducted in accordance with applicable securities laws and regulations of the TSX Venture Exchange. ABOUT IMPACT Impact is a Panamanian based real estate developer that provides affordable housing solutions to Panama's growing middle-class and has historically been supported by longstanding subsidized government programs in Panama. The vision of the Company is effectuated by a vertically integrated model which coordinates all services necessary to develop high-quality residential and commercial buildings, including land acquisition, financing, architectural, engineering, off-site manufacturing, general contracting, property management, and administration. Impact also operates, through its subsidiary, Fusion Software LLC, an innovative software platform designed to streamline the administration of low-income housing tax credits for asset managers, developers and syndicators. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For further information, please contact: Tom Wenz, Director and CEO Phone: + 1 (702) 329-8038 Email: ... FORWARD-LOOKING STATEMENTS This press release contains certain "forward-looking statements" that reflect the Company's current expectations and projections about its future results. Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements relating to the Company's business activities in Panama; the Company's plans to continue growing and diversifying the business; the Company's 125 homes pending disbursement of the subsidy or approvals from the Program; and the Company's plans to evaluate its business in light of the recent changes to the Program. The forward-looking statements, while considered reasonable by the Company, are inherently based upon assumptions that are subject to significant risks and uncertainties, including, but not limited to, the Company being able to carry out its business plan as contemplated; the Company's ability to grow and diversify its business; the Company's 125 homes pending receipt of disbursements of subsidies or approvals under the Program; and the Company's plans to evaluate its business in light of recent changes to the Program. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, they can give no assurances that the expectations of any forward-looking statements will prove to be correct. Such statements and information reflect the current view of the Company. Risks and uncertainties exist that may cause actual results to differ materially from those indicated or implied in the forward-looking statements and information. Such factors include, among others: the limited business history of the Company; the Company's reliance on key management; risks related to the Company's growth strategy, including that previous and future acquisitions do not meet expectations or potential acquisitions cannot be completed; the Company's 125 homes not receiving disbursements of subsidies or approvals under the Program; the business of the Company being subject to broader economic and political factors, including but not limited to decisions made by the government of Panama; disruptions or changes in the credit or security markets; financial results of the Company's operations; unanticipated costs and expenses; and general market and industry conditions. The forward-looking information contained in this press release represents the expectations of the Company as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws. To view the source version of this press release, please visit SOURCE: Impact Development Group Inc. MENAFN13122024004218003983ID1108991791 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.How Albanian drug barons are making a mockery of Britain’s immigration system by sneaking back despite being deportedTrump has flip-flopped on abortion policy. His appointees may offer clues to what happens nextWASHINGTON (AP) — President-elect on Thursday voiced his support for the dockworkers union before their contract expires next month at Eastern and Gulf Coast ports, saying that any further “automation” of the ports would harm workers. Related Articles The incoming president posted on social media that he met Harold Daggett, the president of the International Longshoreman’s Association, and Dennis Daggett, the union’s executive vice president. “I’ve studied automation, and know just about everything there is to know about it,” Trump posted. “The amount of money saved is nowhere near the distress, hurt, and harm it causes for American Workers, in this case, our Longshoremen. Foreign companies have made a fortune in the U.S. by giving them access to our markets. They shouldn’t be looking for every last penny knowing how many families are hurt.” The International Longshoremen’s Association has until Jan. 15 to negotiate a new contract with the U.S. Maritime Alliance, which represents ports and shipping companies. At the heart of the dispute is whether ports can install automated gates, cranes and container-moving trucks that could make it faster to unload and load ships. The union argues that automation would lead to fewer jobs, even though higher levels of productivity could do more to boost the salaries of remaining workers. The Maritime Alliance said in a statement that the contract goes beyond ports to “supporting American consumers and giving American businesses access to the global marketplace – from farmers, to manufacturers, to small businesses, and innovative start-ups looking for new markets to sell their products.” “To achieve this, we need modern technology that is proven to improve worker safety, boost port efficiency, increase port capacity, and strengthen our supply chains,” said the alliance, adding that it looks forward to working with Trump. In October, the union representing 45,000 dockworkers went on strike for three days, raising the risk that a prolonged shutdown could push up inflation by making it difficult to unload container ships and export American products overseas. The issue pits an incoming president who on the promise of bringing down prices against commitments to support blue-collar workers along with the kinds of advanced technology that drew him support from Silicon Valley elite such as billionaire Elon Musk. Trump sought to portray the dispute as being between U.S. workers and foreign companies, but advanced ports are also key for staying globally competitive. China is opening a that could accommodate ships too large for the Panama Canal. There is a risk that shippers could move to other ports, which could also lead to job losses. Mexico is constructing a port that is highly automated, while Dubai, Singapore and Rotterdam already have more advanced ports. Instead, Trump said that ports and shipping companies should eschew “machinery, which is expensive, and which will constantly have to be replaced.” “For the great privilege of accessing our markets, these foreign companies should hire our incredible American Workers, instead of laying them off, and sending those profits back to foreign countries,” Trump posted. “It is time to put AMERICA FIRST!”