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Over half UK firms plan to raise prices, cut jobs after budget, BoE survey shows
By Arathy Somasekhar (Reuters) -Oil prices edged lower on Wednesday as a large, surprise build in U.S. gasoline stocks and worries about the outlook for U.S. interest rates next year outweighed easing supply concerns from a ceasefire deal between Israel and Hezbollah. Brent crude futures were down 42 cents, or 0.6%, to $72.39 a barrel by 1:20 p.m. ET (1820 GMT). U.S. West Texas Intermediate crude slipped 51 cents, or 0.7%, to $68.26. U.S. gasoline stocks rose by 3.3 million barrels in the week to 212.2 million barrels, the Energy Information Administration said, compared with analysts’ expectations in a Reuters poll for a draw of 46,000 barrels. Crude stocks fell by 1.8 million barrels in the week ended Nov. 22, the EIA added, compared with analysts’ expectations in a Reuters poll for a draw of 605,000 barrels. Market sources, citing the American Petroleum Institute, had said on Tuesday that oil inventories fell by 5.94 million barrels and fuel inventories rose last week. “It is surprising to see gasoline inventories building so much and implied demand not really budging week-on-week, given expected record travel this Thanksgiving,” said Matt Smith, an analyst at Kpler. Oil prices also were dented by U.S. data showing progress on lowering inflation appears to have stalled in recent months, which could narrow the scope for the Federal Reserve to cut interest rates in 2025. Traders added to bets the U.S. central bank will lower borrowing costs by 25 basis points at its Dec. 17-18 meeting, according to CME Group’s FedWatch tool. However, they anticipate the Fed will leave rates unchanged at its meetings in January and March. Slower-than-expected rate cuts would keep the cost of borrowing elevated, which could slow economic activity and dampen demand for oil. Both oil benchmarks settled lower on Tuesday after Israel agreed to a ceasefire deal with Lebanon’s Hezbollah group, effective Wednesday after both sides accepted the agreement brokered by the U.S. and France. The ceasefire started on Wednesday. “The real question will be for how long it (the ceasefire) will truly be honoured,” said Dennis Kissler, senior vice president of trading at BOK Financial. Oil gained support after sources from the OPEC+ group, which includes the Organization of the Petroleum Exporting Countries and allies led by Russia, said it is discussing a further delay to the oil output increase set for January. The group, which produces about half of the world’s oil, had aimed to gradually ease production cuts through 2024 and 2025, but weaker global demand and rising output outside OPEC+ have cast doubt on that plan. The decision will be made at a Dec. 1 meeting. The heads of commodities research at Goldman Sachs and Morgan Stanley said oil prices are undervalued, citing a market deficit and risk to Iranian supply from possible sanctions when U.S. President-elect Donald Trump takes office. Sources also told Reuters on Tuesday that crude oil would not be exempt from the 25% tariffs that Trump has threatened to impose on all products coming into the U.S. from Mexico and Canada. Oil industry analysts and traders warned the move would likely raise oil prices for U.S. refiners, squeezing margins and driving up the cost of fuel. (Reporting by Arunima Kumar in Bengaluru, Yuka Obayashi in Tokyo and Emily Chow in Singapore; editing by David Goodman, Jason Neely, Jonathan Oatis, David Gregorio and Paul Simao) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );In a world beginning to more openly embrace the power of mental health awareness , coping strategies and tools for resilience and fight against the invisible disease of the mind, arguably no community needs it more than the Palestinian refugees packed into support sites in Lebanon. Azima, translating into ‘grit’ in Arabic, is a newly formed project teamed by expert, volunteer psychologists such as Nina Lyytinen, who form the action group the ‘Psychologists for Social Responsibility’ or the ‘PSV’. These peace psychologists strive for connecting communities to their wellbeing and ensuring the betterment of mental resilience and determination during testing times. Project to get underway at the start of January Lyytinen and her colleagues will travel regularly to Lebanon starting January 1st, offering specific training courses to local family centre workers and community hub managers, so that refugees can be able to benefit from better access to organised strategies and methods for managing stress during crises. This project has cost the finland ministry of foreign affairs over half a million euros, with great promise already shown by the volunteers. Most Read on Euro Weekly News Richard Gere on living in Spain: A love story with no complaints Honda, Nissan, and Mitsubishi to merge Mega Millions winner bags $1.22 billion Joining Lyytinen are eleven other dedicated members of the team, who will carry out intensive work across the refugee camps scattered throughout Lebanon, over the course of four years. She feels 2025 will be a catalytic year in the process: “Palestinians have faced decades of challenges, but the need for psychological expertise is more critical now than ever. It is an honour to bring Finnish know-how to those who need it most”. The internal struggle as external drama continues to erupt As the endless volatility and unpredictable chaos ensues across Palestine, Israel and parts of the Middle East , troubled members of precious communities are in conflict with their own minds. Stress, uncertainty and panic flood the subconscious of many innocent people, men, women and children as they aim to make do with their new living environment in Lebanon, a world away from their normal lives. This trauma cuts deep, and it is imperative refugees are justly equipped with rightful tools to be able to work through the pain. We must strive to make a difference where we can Anu Castaneda, a psychology scholar and renowned expert in the social science realm in Finland, stressed that an urgency of action is key: “The situation for Palestinians is so dire that the world cannot just look away. Everyone can contribute to making a difference”. In this world of interconnectivity, we must ensure we are consuming the right information, but also spreading positive messages, helping communities such as the refugees of Lebanon get the support they need.
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Marshall withdraws from Independence Bowl matchup against Army
Srinagar- The literary community of Jammu and Kashmir has mourned the passing of Hakim Bashir Asim, a noted poet and nouha writer and son of Hakim Muhammad Yousuf. Residing in Hakim Mohalla, Baghwanpora Lalbazar, Asim’s work resonated with themes of devotion and spirituality, earning respect across local and national platforms. Asim’s admirers said that his poetry was a cornerstone of religious gatherings, particularly during Muharram and programs commemorating the 3rd Shaban ul Muazzam at Imam Bargah Abul Fazlil Abbas (a.s.), Lalbazar. “His ability to convey profound spiritual messages through eloquent verses made his work invaluable to Urdu literature and religious poetry,” said Hakim Suhail, a socio political activist. “His sudden demise has left a significant void in the literary and religious circles. Many considered his writings a source of inspiration, blending faith and artistic expression in a manner that touched countless lives,” he added. “The loss of Hakim Bashir Asim Kashmiri will be felt deeply, but his legacy of literary and spiritual contributions remains a lasting testament to his life’s work.” Meanwhile, his congregational fateha will be held at Imam Bargah Abul Fazlil Abbas (a.s), Baghwanpora, lal Bazar today. It will commence with a sermon by Hujjatul Islam wal Muslimeen Masroor AAbbas Ansari.WINNIPEG, Manitoba, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Kane Biotech Inc. (TSX- V:KNE; OTCQB:KNBIF) (“Kane Biotech”) will release its third quarter 2024 financial results after market close on Thursday, November 28, 2024. Kane Biotech management will host a conference call at 4:30 p.m. ET on December 3, 2024 to review the financial results and discuss business developments in the period. Participants must register for the call using the following link : Dec 3, 2024 Conference Call . It is recommended that you join 10 minutes before the event, though you may pre-register at any time. A webcast of the call will be available on Kane Biotech’s website at www.kanebiotech.com in the Investor section at ir.kanebiotech.com . About Kane Biotech Kane Biotech is a biotechnology company engaged in the research, development and commercialization of technologies and products that prevent and remove microbial biofilms. The Company has a portfolio of biotechnologies, intellectual property (66 patents and patents pending, trade secrets and trademarks) and products developed by the Company's own biofilm research expertise and acquired from leading research institutions. DispersinB®, coactiv+TM, coactiv+®, DermaKBTM, DermaKB BiofilmTM, and revyveTM are trademarks of Kane Biotech Inc. The Company is listed on the TSX Venture Exchange under the symbol "KNE" and on the OTCQB Venture Market under the symbol “KNBIF”. For more information: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Caution Regarding Forward-Looking Information This press release contains certain statements regarding Kane Biotech Inc. that constitute forward-looking information under applicable securities law. These statements reflect management’s current beliefs and are based on information currently available to management. Certain material factors or assumptions are applied in making forward-looking statements, and actual results may differ materially from those expressed or implied in such statements. These risks and uncertainties include, but are not limited to, risks relating to the Company’s: (a) financial condition, including lack of significant revenues to date and reliance on equity and other financing; (b) business, including its early stage of development, government regulation, market acceptance for its products, rapid technological change and dependence on key personnel; (c) intellectual property including the ability of the Company to protect its intellectual property and dependence on its strategic partners; and (d) capital structure, including its lack of dividends on its common shares, volatility of the market price of its common shares and public company costs. Further information about these and other risks and uncertainties can be found in the disclosure documents filed by the Company with applicable securities regulatory authorities, available at www.sedar.com . The Company cautions that the foregoing list of factors that may affect future results is not exhaustive.
S&P 500 Delivers Biggest Christmas Eve Rally In 50 Years
It used to be that a government shutting down internet access was an extreme move taken in times of severe upheaval. However, the practice has become increasingly common, as internet shutdowns have been used during elections and student exams. Sometimes, it’s the whole internet. But more often, and on a longer-term basis, it’s blocking certain services. But there are steps you can take if service is affected. And it’s good to plan ahead. Here are five tips to help you stay online during an internet shutdown: 1. VPNs. Get a good virtual private network that you can trust. You may even need two in case one is successfully blocked itself. A VPN encrypts your internet traffic and protects your online privacy. Because the VPN redirects the IP address, the user’s identity and location remain private. This means a VPN could help you access the broader network if your local internet connection is blocked. SEE: What Is a VPN? Definition, How It Works, and More (TechRepublic) 2. A mesh network. This is a workaround — and one that definitely needs pre-planning. The Carnegie Endowment for International Peace explains that a mesh network “allows users to maintain communication with one another without relying on the internet or SMS. Instead, they use Bluetooth or Wi-Fi technology to create a chain of devices that can send messages to one another when they are in close proximity.” 3. International SIM cards. If you’re near a border or can travel there, you may be able to pick up service from a neighboring country. 4. Sideloading apps. You can install apps without using the device’s official app distribution method. This can help you circumvent blockages on particular services. When you’re sideloading, remember that nobody checks the apps to ensure they’re legitimate, so be careful what you install. SEE: Network Security Policy (TechRepublic Premium) 5. Satellite content. A service called Knapsack , for instance, broadcasts packets by satellite that can be received by satellite TV receivers. Knapsack is a project developed by NetFreedom Pioneers, a nonprofit working with local and international organizations. The project’s site says no internet connection is required. Knapsack can deliver up to 20 GB of digital content daily. That equals 240 hours of internet browsing, 4,000 songs, or 40 hours of online video in standard definition – shared daily. Hat tip to Vittoria Elliott at restofworld.org for the excellent info and five tips. There are more fixes, of course, such as the Tor Browser and proxy servers. Hopefully, you can avoid shutdowns and blackouts, but if you can’t, these methods should help.In today’s world of abundant data and growing information complexity, storytelling has become more than an art—it’s a science powered by technology. Tools like Google’s NotebookLM, an AI-driven research and note-taking assistant, are transforming the way we interact with information. By simplifying research, generating insights, and creating structured narratives, NotebookLM has become an invaluable ally for journalists, researchers, and content creators. How NotebookLM Works: A practical example To understand NotebookLM’s potential, The Hindu Data Team tested it using a real-world case study. Over the past year, questions related to LPG pricing in India were raised in the Lok Sabha and Rajya Sabha. We compiled ten of these parliamentary answers into PDFs and uploaded them to NotebookLM. Within moments, the tool went to work. It generated relevant questions, such as: How does India’s LPG pricing strategy balance affordability and market realities? What percentage of India’s LPG consumption is imported? What is the current retail price of a 14.2 kg LPG cylinder in Delhi? How did the PMUY impact LPG consumption per capita? What percentage of new LPG distributorships since 2016 serve rural areas? NotebookLM didn’t stop at asking questions—it provided detailed answers, citing references from the uploaded documents. The ability to produce accurate, source-backed insights saves time. Why NotebookLM matters for journalists For journalists, particularly those working on data-driven stories, NotebookLM offers a host of benefits: Efficient synthesis of complex information NotebookLM analyses diverse datasets—ranging from research papers to financial statements—helping users distil key takeaways without hours of manual effort. By providing accurate, source-based answers, NotebookLM eliminates the need to sift through multiple documents, enabling faster decision-making. The tool excels at identifying patterns and trends, crafting structured outputs like FAQs, timelines, and briefs that form the backbone of compelling narratives. Features like image support and potential for audio summaries allow analysts and creators to transform complex charts and diagrams into digestible, data-driven stories. Generative AI and the future of content creation AI-powered tools are revolutionising content creation across formats, from podcasts and videos to long-form articles. Hila Zigelman, who leads AI growth and product marketing at AI21 Labs , summarises this as follows: “Generative AI tools like NotebookLM empower creators to automate processes, dive deeper into research, and craft compelling stories. By integrating data from various sources, they enable swift analysis, provide actionable insights, and help content creators produce impactful work tailored to their audience. At AI21 Labs, creators have used models like Jamba 1.5 to: customise content to fit unique styles and brand voices, transform lengthy materials into bite-sized summaries, simplify complex concepts, ensuring accessibility and wider reach. These tools also help creators brainstorm ideas, generate visuals, draft scripts, and refine storytelling. NotebookLM-Spotify collaboration Take the example of NotebookLM’s capability to generate Spotify Wrapped-style summaries , as highlighted by Google’s recent feature update. This ability to offer personalised insights and trends demonstrates how AI can help creators and analysts better understand their audience while crafting meaningful narratives. As generative AI continues to evolve, it holds the promise of revolutionising how we create, share, and consume information. For those of us in the AI ecosystem, the journey has only just begun. Published - December 14, 2024 04:25 pm IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit
By BEN FINLEY The Christmas tradition has become nearly global in scope: Children from around the world track Santa Claus as he sweeps across the earth, delivering presents and defying time. Related Articles National News | Bill Clinton is out of the hospital after being treated for the flu National News | Heavy travel day off to a rough start after American Airlines briefly grounds all flights National News | Social Security’s full retirement age will jump in 2025. When can you collect your full benefits? National News | Today in History: December 24, former defense secretary pardoned in Iran-Contra scandal National News | Prosecutors withdraw appeal of dismissed case against Alec Baldwin in fatal movie set shooting Each year, at least 100,000 kids call into the North American Aerospace Defense Command to inquire about Santa’s location. Millions more follow online in nine languages , from English to Japanese. On any other night, NORAD is scanning the heavens for potential threats , such as last year’s Chinese spy balloon . But on Christmas Eve, volunteers in Colorado Springs are fielding questions like, “When is Santa coming to my house?” and, “Am I on the naughty or nice list?” “There are screams and giggles and laughter,” said Bob Sommers, 63, a civilian contractor and NORAD volunteer. Sommers often says on the call that everyone must be asleep before Santa arrives, prompting parents to say, “Do you hear what he said? We got to go to bed early.” NORAD’s annual tracking of Santa has endured since the Cold War , predating ugly sweater parties and Mariah Carey classics . The tradition continues regardless of government shutdowns, such as the one in 2018 , and this year . Here’s how it began and why the phones keep ringing. It started with a child’s accidental phone call in 1955. The Colorado Springs newspaper printed a Sears advertisement that encouraged children to call Santa, listing a phone number. A boy called. But he reached the Continental Air Defense Command, now NORAD, a joint U.S. and Canadian effort to spot potential enemy attacks. Tensions were growing with the Soviet Union, along with anxieties about nuclear war. Air Force Col. Harry W. Shoup picked up an emergency-only “red phone” and was greeted by a tiny voice that began to recite a Christmas wish list. “He went on a little bit, and he takes a breath, then says, ‘Hey, you’re not Santa,’” Shoup told The Associated Press in 1999. Realizing an explanation would be lost on the youngster, Shoup summoned a deep, jolly voice and replied, “Ho, ho, ho! Yes, I am Santa Claus. Have you been a good boy?” Shoup said he learned from the boy’s mother that Sears mistakenly printed the top-secret number. He hung up, but the phone soon rang again with a young girl reciting her Christmas list. Fifty calls a day followed, he said. In the pre-digital age, the agency used a 60-by-80 foot (18-by-24 meter) plexiglass map of North America to track unidentified objects. A staff member jokingly drew Santa and his sleigh over the North Pole. The tradition was born. “Note to the kiddies,” began an AP story from Colorado Springs on Dec. 23, 1955. “Santa Claus Friday was assured safe passage into the United States by the Continental Air Defense Command.” In a likely reference to the Soviets, the article noted that Santa was guarded against possible attack from “those who do not believe in Christmas.” Some grinchy journalists have nitpicked Shoup’s story, questioning whether a misprint or a misdial prompted the boy’s call. In 2014, tech news site Gizmodo cited an International News Service story from Dec. 1, 1955, about a child’s call to Shoup. Published in the Pasadena Independent, the article said the child reversed two digits in the Sears number. “When a childish voice asked COC commander Col. Harry Shoup, if there was a Santa Claus at the North Pole, he answered much more roughly than he should — considering the season: ‘There may be a guy called Santa Claus at the North Pole, but he’s not the one I worry about coming from that direction,’” Shoup said in the brief piece. In 2015, The Atlantic magazine doubted the flood of calls to the secret line, while noting that Shoup had a flair for public relations. Phone calls aside, Shoup was indeed media savvy. In 1986, he told the Scripps Howard News Service that he recognized an opportunity when a staff member drew Santa on the glass map in 1955. A lieutenant colonel promised to have it erased. But Shoup said, “You leave it right there,” and summoned public affairs. Shoup wanted to boost morale for the troops and public alike. “Why, it made the military look good — like we’re not all a bunch of snobs who don’t care about Santa Claus,” he said. Shoup died in 2009. His children told the StoryCorps podcast in 2014 that it was a misprinted Sears ad that prompted the phone calls. “And later in life he got letters from all over the world,” said Terri Van Keuren, a daughter. “People saying ‘Thank you, Colonel, for having, you know, this sense of humor.’” NORAD’s tradition is one of the few modern additions to the centuries-old Santa story that have endured, according to Gerry Bowler, a Canadian historian who spoke to the AP in 2010. Ad campaigns or movies try to “kidnap” Santa for commercial purposes, said Bowler, who wrote “Santa Claus: A Biography.” NORAD, by contrast, takes an essential element of Santa’s story and views it through a technological lens. In a recent interview with the AP, Air Force Lt. Gen. Case Cunningham explained that NORAD radars in Alaska and Canada —- known as the northern warning system — are the first to detect Santa. He leaves the North Pole and typically heads for the international dateline in the Pacific Ocean. From there he moves west, following the night. “That’s when the satellite systems we use to track and identify targets of interest every single day start to kick in,” Cunningham said. “A probably little-known fact is that Rudolph’s nose that glows red emanates a lot of heat. And so those satellites track (Santa) through that heat source.” NORAD has an app and website, www.noradsanta.org , that will track Santa on Christmas Eve from 4 a.m. to midnight, mountain standard time. People can call 1-877-HI-NORAD to ask live operators about Santa’s location from 6 a.m. to midnight, mountain time.Pete Hegseth, president-elect Donald Trump’s nominee for secretary of Defense, has close ties to an Idaho-based Christian nationalist church that aims to turn America into a theocracy. Hegseth is a member of a Tennessee congregation affiliated with Christ Church, a controversial congregation in Moscow, Idaho, that has become a leader in the movement to get more Christianity in the public sphere. In an appearance last year on the Christ Church-connected streaming show “Crosspolitic,” Hegseth talked about how building up fundamentalist Christian education systems is important in what he sees as a “spiritual battle” with the secular world. He sees Christian students as foot soldiers in that war and refers to Christian schools as “boot camp.” “We’re in middle phase one right now, which is effectively a tactical retreat where you regroup, consolidate and reorganize and as you do so, you build your army underground with the opportunity later on of taking offensive operations — and obviously all of this is metaphorical and all that good stuff,” he said on the show. Hegseth did not immediately respond to requests for an interview. Hegseth has spoken positively about Christ Church Pastor Doug Wilson’s writings Christ Church is led by Pastor Doug Wilson, who founded the Calvinist group of churches called the Communion of Reformed Evangelical Churches, or CREC. CREC has congregations in nearly all 50 states and several foreign countries. Hegseth’s church is a member of CREC, and Hegseth has spoken positively of Wilson’s writings. Wilson and his allies have a rigid patriarchal belief system and don’t believe in the separation of church and state. They support taking away the right to vote from most women, barring non-Christians from holding office and criminalizing the LGBTQ+ community. Recently, Wilson has increased his influence nationally as he’s built a religious, educational and media empire. His Association of Classical Christian Schools has hundreds of fundamentalist schools around the country, and his publishing outfit Canon Press churns out dozens of titles a year as well as popular streaming shows that highlight unyielding socially conservative ideals. In the recently released podcast, “Extremely American” (created by this reporter), Wilson says one of his goals is to get like-minded people into positions of influence. In an emailed response for this story, he said he’s closer to that post-election and that he supports Hegseth’s nomination, though he downplayed any influence he has on him. “I was grateful for Trump’s win, and believe that it is much more likely that Christians with views similar to mine will receive positions in the new administration,” he said. Hegseth nomination could threaten cohesion, diversity of U.S. military, experts say That’s what worries Air Force veteran Mikey Weinstein, who is the president of the Military Religious Freedom Foundation. Weinstein says Hegseth, if confirmed as secretary of Defense, would threaten the cohesion of a religiously and racially diverse U.S. military. “Pete Hegseth is a poster child for literally everything that would be the opposite of what you would want to have for someone who’s controlling the technologically most lethal organization in the history of this country,” he said. Weinstein sees Hegseth’s nomination as an example of the dangers of Project 2025, a 900-page policy paper written by far-right political activists. It lays out a plan to gut the federal government and install Christian nationalist ideals. “Christian nationalism is an absolute fatal cancer metastasizing at light speed (for) the national security of this country,” he said. “It is a Christian version of the Taliban.” Matthew D. Taylor, senior scholar at the Institute for Islamic, Christian and Jewish Studies, said Hegseth is “one of the most extreme far right figures ever nominated to a cabinet post, at least in modern memory.” Taylor said he’s broadly concerned about Christian nationalists, who tend to take a dim view of democracy, potentially having a lot of sway in this administration. “I think we should expect a profound degradation of our democratic norms of the rule of law, and I think we are edging closer to a de facto Anglo Protestant establishment, of the kind where Anglo Protestant Christianity as the de facto official religion in the United States,” he said. Hegseth faces some headwinds in his nomination process due to multiple marital sex scandals and the recent revelation that he paid a woman who accused him of sexual assault in exchange for her not speaking about it. He denies he assaulted her but admits he paid her. He’s also gotten criticism for tattoos that are symbols of the Crusades and wrote a book titled “American Crusade,” where he derides Muslims. Before becoming a TV personality, Hegseth led the conservative veterans group Concerned Veterans for America, which advocated for increased privatization of veterans’ health care. He has also said that women should not be allowed to serve in combat roles in the military, and has complained about what he terms “woke” policies in the military.
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