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The South Korean government on Monday ordered an overseas travel ban on President Yoon Suk Yeol as he faces investigation on possible rebellion charges over a short-lived martial law declaration that plunged the key U.S. ally into chaos last week. Opposition lawmakers are continuing to pursue impeachment for Yoon, 63, who stunned the East Asian democracy on Tuesday when he declared emergency martial law, accusing the opposition-controlled parliament of paralyzing the government and sympathizing with communist North Korea, with whom South Korea technically remains at war. The martial law order banned all political activity and censored the news media. Lawmakers rushed to the National Assembly in central Seoul, pushing past martial law troops to enter the building and vote unanimously to reject the order, which Yoon lifted early Wednesday, about six hours after he announced it. It was a shocking turn of events for South Korea, which spent decades under military-authoritarian rule before transitioning into a vibrant democracy and the world’s 10th-largest economy. Lawmakers swiftly called for Yoon to leave office , backed by thousands of protesters. An impeachment motion failed to pass Saturday after lawmakers from Yoon’s governing People Power Party (PPP) walked out of parliament en masse, leaving the legislature without a quorum. The opposition bloc holds 192 seats, eight short of the two-thirds majority the bill needs to pass in the 300-member unicameral legislature. In the meantime, Yoon — who took office in 2022 for a single five-year term — appears to have left his fate in the hands of his conservative PPP. Party leader Han Dong-hoon said Sunday that Yoon had been effectively suspended from duty over his “unconstitutional acts.” “I believe it is the will of the majority South Korean people that President Yoon Suk Yeol must resign,” he said in a national address, adding that he would “restore order” by ensuring Yoon’s early departure from office. “We will minimize confusion through an orderly resignation to alleviate national and international concerns and restore the economy and the nation’s dignity,” he said. In the meantime, he said, Prime Minister Han Duck-soo will work in close coordination with the PPP “to manage public welfare and state affairs without disruption." Yoon will not engage in state affairs, including foreign relations, he said. Han also said investigations into Yoon’s martial law declaration would be conducted “rigorously, impartially and transparently” by the authorities. Though the South Korean president is generally immune from prosecution while in office, that does not include allegations of rebellion or treason. Park Se-hyun, who is leading a special investigation headquarters into Yoon’s short-lived martial law declaration, said Sunday that the president had been booked as a suspect on a number of charges, including treason. “An investigation is underway in accordance with the process,” he told reporters. Former defense minister Kim Yong-hyun, who has been accused of suggesting the martial law declaration to Yoon and whose resignation Yoon accepted last week, became the first person to be detained in the martial law case after turning himself in around 1 a.m. Sunday local time (11 a.m. Saturday ET). Interior Minister Lee Sang-min, who is also under investigation, also offered his resignation Sunday. In a national address on Sunday, Han, the prime minister, said he felt a “profound sense of responsibility for the situation” and expressed his “heartfelt apologies” to the public, bowing his head to show his sincerity, as is customary in Korean culture. “The government will devote itself entirely to addressing the current crisis as swiftly as possible, guided solely by the will of the people,” he said. Han said the top priority was ensuring the continuity of government, citing concerns about the economy and international instability. He also said it was important that South Korea, which hosts almost 30,000 American troops, maintain its alliance with the United States as well as growing trilateral security ties with the U.S. and neighboring Japan. “The entire Cabinet will work tirelessly to preserve trust with our allies,” Han said. He also appealed for cooperation from the opposition, saying it was “imperative” that the legislature pass the government’s proposed budget. The liberal opposition Democratic Party criticized the response by the PPP and the prime minister as insufficient. “President Yoon Seok Yeol must be immediately arrested, investigated and stripped of his military command authority,” senior Democratic lawmaker Kim Min-seok said Sunday. Kim also questioned whether the prime minister had the constitutional authority to govern while Yoon remained in office. Yoon apologized Saturday in a brief nationally televised address, saying his actions “stemmed from the urgency” he felt as president, but adding that they “caused anxiety and inconvenience to the public.” He said he would not evade “legal and political responsibility” but did not say he would resign, saying that his party would decide how long he should stay in office and how state affairs would be managed. Yoon’s apology is not enough, said Han Min-soo, a spokesman for the Democratic Party. He said Yoon had led an insurrection and “must face the consequences and punishment for this action.” “I no longer refer to him as the president,” Han told NBC News in an interview on Saturday. “I believe that Yoon Suk Yeol is now using tricks to buy time and deceive the people of South Korea and the opposition party.” He said the Democratic Party would work with other opposition parties to reintroduce the impeachment motion, and that “if we are stopped again, we will keep trying.” “I still believe that lawmakers with a conscience, even if they are members of the People Power Party, will agree to the impeachment,” he said. Stella Kim and Janis Mackey Frayer reported from Seoul, and Jennifer Jett from Hong Kong. This article first appeared on NBCNews.com . Read more from NBC News here:French Government Toppled—No-Confidence Vote Ousts Prime Minister BarnierF.P. Report ISLAMABAD: Minister for Power Division Sardar Awais Ahmed Khan Leghari on Saturday expressed the hope that privatization of three power distribution companies (DISCOs) would be completed by end of next year. Sharing the last 9 months performance of power sector under the dynamic leadership of Prime Minister Shehbaz Sharif at press conference here, the minister said the government was moving towards privatization and concession models and already appointed members of Board of Directors (BoDs) of DISCOs purely on merit. Circular debt costs were also being shifted from electricity bills to the national debt to reduce burden on the consumers, he added. He said the average price of electricity has decreased to Rs 44.04 per unit from Rs 48.70 per unit owing the reforms initiated in power sector by the incumbent government. Similarly, average power tariff for industrial consumers has also decreased to Rs 47.17 per unit from Rs 59.50 per unit, he added. Both the domestic and industrial consumers have witnessed Rs 4.66 per unit and Rs 11.33 per unit decreases respectively in the tariff since June 2024. He went on to say that the government has eliminated Rs 150 billion in cross-subsidies from the industrial sector, a step that has boosted industrial growth and job creation in Pakistan. The government was also diligently working on upgrading the transmission sector, including the division of National Transmission and Despatch Company (NTDC) into three entities, he added. He said NTDC would be divided into three entities including the National Grid Company of Pakistan for efficient and reliable transmission, the Energy Infrastructure Development and Management Company for project management, and the Independent System and Market Operator for a competitive and transparent electricity market. Regarding Independent Power Producers (IPPs), he said agreements with five IPPs had been terminated in the first phase which would help savings of Rs 411 billion. In the second phase, agreements with eight bagasse-based IPPs have also been settled which resulted annual savings of Rs 8.826 billion and overall saving of Rs 238.224 billion, he added. He said talks with 16 more IPPs were going on and it would help saving additional Rs 481 billion to the national exchequer. Regarding switching agricultural tube-wells on solar in Balochistan, the minister said that 27,000 tube-wells were being solarized. The project would cost Rs 55 billion for which 70 per cent share was being provided by the federal while remaining 30 per cent by the provincial government, he added He said this initiative would promote green energy and revolutionize the agriculture sector in Balochistan. Sardar Awais said the incumbent government continued its people-welfare development agenda despite a continuous drive by Imran Khan led political party Pakistan Tehreek-e-Insaf to create instability in the country. Coming hard on PTI, he said the previous government did nothing in power sector during its around four-year rule while the government led by PML-N did remarkable achievement in just 9 months. He said the government has also announced to set up an Independent Market Operator in power sector adding that the government would not involve in sale and purchase of electricity. The companies would do sale and purchase business in the power sector, he added. About electricity winter package, the minister said the package introduced a special tariff Rs 26 per unit for domestic, commercial and industrial consumers for three months. “This initiative underscores our commitment to reducing electricity costs and supporting economic growth,” he added. He said it was also necessary to enhance demand of electricity consumption for lowering power tariff. Awais said that the government has planned to introduce special tariffs for electric vehicles (EVs) under a forthcoming EV policy. The policy would reduce dependency on imported fuels, lower greenhouse gas emissions, and improve air quality, he added. He said it would also foster economic growth through job creation in local manufacturing and the development of charging infrastructure. “This new policy will revolutionize the transport sector of Pakistan,” he added. He said the PM has also approved the power distribution system and in next two years Rahim Yar Khan to Matairi Transmission Line project would be completed. He said efforts were also being made to manage circular debt burden, with a focus on reducing consumer electricity costs. Power Sector’s debt was being restructured with the Finance Ministry, he added. He said that the government was committed to delivering affordable, sustainable, and reliable electricity to the people. The reforms and achievements reflect our dedication to addressing long-standing challenges in the power sector while building a resilient and prosperous future, he added. Replying to a question, he stressed the need to bring reforms in power regulator. To another query, the minister said that losses of DISCOs companies except in Sindh and Balochistan witnessed significantly decrease during the last 9 months. To a question, he said over billing of Rs 50 billion was detected in Lahore Electric Supply Company but now no one would be allowed to carry out over-billing. The system of complaint system in DISCOs was also being digitized.p777

Idris Elba isn’t just the recipient of People Magazine’s 2018 “Sexiest Man Alive” title. No, he’s also an actor, rapper, DJ, and Golden Globe winner who has appeared in shows like The Wire and Luther , and movies like Cats and Sonic the Hedgehog 2 . Not only that, but in 2020 he became the owner of a Champagne and rose wine brand when he started his own label called Porte Noire. And now he’s gotten into the Cognac game with the launch of the new Porte Noire Cognac, which was made in collaboration with Maison Ferrand. Maison Ferrand is a French company that produces several different spirits, including Planteray Rum (formerly called Planation Rum), Ferrand Dry Curacao, Citadelle Gin , and, of course, Ferrand Cognac. This Cognac house dates back to the 17th century when Elie Ferrand founded it in the Grande Champagne region of France. In 2016, Alexandre Gabriel took over after several decades of friendship with Mademoiselle Henriette Ranson-Ferrand, the last descendant and 10th generation of Elie Ferrands. Given this long backstory, and the fact that Maison Ferrand is much smaller than any of the big houses like Hennessy , Martell , or Courvoisier , it made sense for Elba to partner with Gabriel on this new Cognac. It should be noted that this is the first time that Maison Ferrand has created a new Cognac brand for an outside business. “As owner and master blender of Maison Ferrand, I have always looked for great sources of inspiration to make unique Cognacs and meeting Idris was one of those moments,” said Gabriel in a statement. “From the vineyard to the glass, the craft behind Cognac is nothing short of extraordinary,” added Elba. “With Porte Noire Cognac, we’ve created something that tells the story of the region but also feels fresh and new, inviting both seasoned Cognac enthusiasts and newcomers alike to enjoy.” This is not the first celebrity Cognac release, as you might have imagined. Jay-Z is still a part owner of D’usse , even though he sold a portion of his stake to Bacardi after a legal battle. DJ D-Nice is an investor in the new Martingale Cognac brand, which was founded by some former Pernod Ricard executives. And rapper Quavo recently partnered with Sazerac to launch White X. There is not a huge amount of information about what is actually in Elba’s new bottles, but we do know that Porte Noire Cognac is a VSOP expression, meaning the youngest eau-de-vie in the blend is a minimum of four years old. We have not gotten to taste the Cognac, but the official tasting notes describe apricot, vanilla, spice, tobacco, leather, oak honey, and caramel on the palate. Porte Noire Cognac is initially launching in the U.K., where it will be available for £79.99 (about $104) from online retailers like Master of Malt and the Whisky Exchange . The plan is for the Cognac to reach the U.S. in early 2025, according to the website Just Drinks , where it will be available in select states.

Blame it on the food and drink?Walmart ( NYSE:WMT – Free Report ) had its target price increased by KeyCorp from $88.00 to $96.00 in a research report released on Wednesday morning, Benzinga reports. The brokerage currently has an overweight rating on the retailer’s stock. A number of other equities research analysts have also weighed in on the stock. Wells Fargo & Company lifted their target price on shares of Walmart from $88.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, October 31st. Truist Financial upgraded Walmart from a “hold” rating to a “buy” rating and upped their target price for the stock from $76.00 to $89.00 in a report on Tuesday, September 24th. Melius Research initiated coverage on Walmart in a research note on Monday, September 23rd. They issued a “buy” rating and a $95.00 target price for the company. DA Davidson upped their price target on Walmart from $75.00 to $85.00 and gave the stock a “buy” rating in a research note on Friday, August 16th. Finally, Guggenheim raised their price objective on Walmart from $81.00 to $90.00 and gave the company a “buy” rating in a research report on Monday, October 28th. Two research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $91.88. Read Our Latest Analysis on Walmart Walmart Stock Up 2.3 % Walmart ( NYSE:WMT – Get Free Report ) last posted its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.05. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The firm had revenue of $169.59 billion for the quarter, compared to analysts’ expectations of $167.69 billion. During the same period in the previous year, the firm earned $0.51 earnings per share. The business’s revenue was up 5.5% compared to the same quarter last year. Sell-side analysts forecast that Walmart will post 2.47 earnings per share for the current year. Insiders Place Their Bets In other news, EVP John D. Rainey sold 3,000 shares of the company’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $82.12, for a total value of $246,360.00. Following the completion of the sale, the executive vice president now directly owns 378,165 shares in the company, valued at $31,054,909.80. This represents a 0.79 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link . Also, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $80.64, for a total value of $2,348,559.36. Following the transaction, the chief executive officer now owns 3,873,053 shares in the company, valued at $312,322,993.92. This trade represents a 0.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last ninety days, insiders have sold 12,337,337 shares of company stock worth $958,823,647. Company insiders own 45.58% of the company’s stock. Institutional Investors Weigh In On Walmart Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Summit Financial Wealth Advisors LLC increased its stake in shares of Walmart by 0.5% in the third quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer’s stock worth $1,915,000 after purchasing an additional 118 shares in the last quarter. Providence Wealth Advisors LLC boosted its holdings in Walmart by 0.3% in the 3rd quarter. Providence Wealth Advisors LLC now owns 43,549 shares of the retailer’s stock worth $3,591,000 after buying an additional 122 shares during the period. 3Chopt Investment Partners LLC increased its stake in Walmart by 0.4% in the 3rd quarter. 3Chopt Investment Partners LLC now owns 32,633 shares of the retailer’s stock worth $2,635,000 after buying an additional 124 shares in the last quarter. CAP Partners LLC raised its holdings in Walmart by 2.1% during the third quarter. CAP Partners LLC now owns 6,054 shares of the retailer’s stock valued at $489,000 after acquiring an additional 125 shares during the period. Finally, Investment Advisory Group LLC lifted its position in shares of Walmart by 2.1% in the third quarter. Investment Advisory Group LLC now owns 6,182 shares of the retailer’s stock valued at $499,000 after acquiring an additional 126 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors. Walmart Company Profile ( Get Free Report ) Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications. Featured Articles Five stocks we like better than Walmart How to Invest in the Best Canadian Stocks Tesla Investors Continue to Profit From the Trump Trade Bank Stocks – Best Bank Stocks to Invest In MicroStrategy’s Stock Dip vs. Coinbase’s Potential Rally Profitably Trade Stocks at 52-Week Highs Netflix Ventures Into Live Sports, Driving Stock Momentum Receive News & Ratings for Walmart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walmart and related companies with MarketBeat.com's FREE daily email newsletter .Trump says he can't guarantee tariffs won't raise prices, won't rule out revenge prosecutions

Former U.S. President Jimmy Carter, renowned globally for his humanitarian efforts following his presidency, has passed away at the age of 100. Naija News reports that The Carter Center confirmed his death on Sunday, stating, “ Our founder, former U.S. President Jimmy Carter, passed away this afternoon in Plains, Georgia.” Carter’s death comes just months after the passing of his wife of 77 years, Rosalynn, who died in November 2023 at the modest home they built in 1961. The couple had spent their later years in the same house where Carter began managing his father’s peanut business before venturing into politics. In February 2023, Carter announced his decision to enter hospice care, choosing to forego further medical intervention. At the time, his grandson, Jason Carter, shared, “They are at peace and – as always – their home is full of love ,” in a heartfelt social media post. Despite his declining health, Carter remained politically engaged, expressing his desire to vote for Vice President Kamala Harris in the 2024 presidential election. Carter, who served as the 39th president from 1977 to 1981, made history as the longest-living former U.S. president, surpassing George H.W. Bush in 2019. Following his single term in office, he dedicated decades to charitable causes, including monitoring elections in developing countries, building homes through Habitat for Humanity, and teaching Sunday school at Maranatha Baptist Church in Plains, Georgia. During his presidency, Carter achieved significant milestones, such as brokering the Camp David Accords between Israel and Egypt, transferring control of the Panama Canal to Panama, expanding public lands in Alaska, and formalizing diplomatic ties with China. However, his administration faced challenges, including high inflation, energy crises, and the Iran hostage crisis, which contributed to his defeat in the 1980 election against Ronald Reagan. In his later years, Carter battled various health issues, including brain cancer in 2015 and complications from falls in 2019. Nonetheless, his commitment to humanitarian work never wavered. His efforts were recognized in 2002 when he received the Nobel Peace Prize, cementing his legacy as a tireless advocate for peace and human rights.Edmonton zoo elephant Lucy gets medical OK as she approaches 50th birthday

Maupay also had a dig at Everton when he departed on loan to Marseille in the summer and his latest taunt has further angered the Premier League club’s supporters. The 28-year-old said on X after Sean Dyche’s side had lost 2-0 to Nottingham Forest at Goodison Park on Sunday: “Whenever I’m having a bad day I just check the Everton score and smile.” Whenever I’m having a bad day I just check the Everton score and smile 🙂 — Neal Maupay (@nealmaupay_) December 29, 2024 Former boxer Tony Bellew was among the Toffees’ supporters who responded to Maupay, with the ex-world cruiserweight champion replying on X with: “P****!” Maupay endured a miserable spell at Everton, scoring just one league goal in 29 appearances after being signed by the Merseysiders for an undisclosed fee in 2022. He departed on a season-long loan to his former club Brentford for the 2023-24 season and left Goodison for a second time in August when Marseille signed him on loan with an obligation to make the deal permanent. After leaving Everton in the summer, Maupay outraged their fans by posting on social media a scene from the film Shawshank Redemption, famous for depicting the main character’s long fight for freedom.Why Reddit (RDDT) Stock Is Down Today

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