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The International Monetary Fund (IMF) on Saturday welcomed new President Anura Kumara Dissanayake’s and his Government’s commitment to continue with the on-going program and identified the 2025 Budget as a litmus test. The IMF’s opinion follows its staff and the Sri Lankan authorities on Friday reaching agreement on economic policies to conclude the third review of the economic reform program supported by the IMF’s Extended Fund Facility (EFF). Once the review is approved by IMF Management and completed by the IMF Executive Board, Sri Lanka will have access to about $ 333 million in financing bringing the total under the program to $ 1.3 billion. “The new Government’s commitment to the program objectives has enhanced confidence and ensures policy continuity. Sustaining the reform momentum is critical to safeguarding the hard-won gains under the program thus far and putting the economy on a path towards durable recovery and stable and inclusive growth,” said IMF’s Senior Mission Chief for Sri Lanka Peter Breuer at a media briefing on Saturday along with Deputy Mission Chief Katsiaryna Svirydzenka and IMF’s new Resident Representative to Sri Lanka Martha Tesfaye Woldemichael. Breuer said The IMF’s Executive Board will consider completion of the review based contingent on: (i) the implementation by the authorities of prior actions including the submission of a 2025 Budget consistent with program objectives; and (ii) the completion of financing assurances review, which will focus on confirming multilateral partners’ committed financing contributions and whether adequate progress has been made with the debt restructuring to give confidence that the restructuring will be concluded in a timely manner and in line with the program’s debt targets. The IMF reiterated that Sri Lanka’s ambitious reform agenda supported by the EFF is delivering commendable outcomes. The economy expanded on average by 4% y-o-y in the four quarters ending in June 2024. High-frequency indicators point to continued expansion across all sectors. Average headline and core inflation remained contained at 0.8 and 3.8% during the third quarter. Gross official reserves increased to $ 6.4 billion at the end-October 2024 with sizable foreign exchange purchases by the Central Bank. Public finances have strengthened following substantial fiscal reforms. Breuer also said the program’s performance was strong, with all quantitative performance criteria and indicative targets (IT) for end-June 2024 met, as well as the ITs for end-September 2024, except for the IT on social spending. Most structural benchmarks due before October-2024 were either met or implemented with delay; some benchmarks are delayed because of the election cycle. He said maintaining macroeconomic stability and restoring debt sustainability are key to securing Sri Lanka’s prosperity and require persevering with responsible fiscal policy. Continued revenue mobilisation efforts and spending restraint are needed to prepare the 2025 Budget in line with program parameters. Revenue administration reforms and efforts to improve tax compliance will help to ensure that the burden stemming from the crisis is shared proportionately to taxpayers’ ability to contribute. Avoiding new tax exemptions will help reduce fiscal revenue leakages, corruption risks and build much needed fiscal buffers, including for social spending and to support Sri Lanka’s most vulnerable. Maintaining cost recovery in fuel and electricity pricing and resolving legacy debts will help minimise fiscal risks arising from State-owned enterprises. The Government has an important responsibility to protect the poor and vulnerable at this difficult time. It is important to redouble efforts to meet the program’s minimum spending target on social spending and to improve targeting, adequacy, and coverage of social safety nets, particularly Aswesuma. While inflation has decelerated faster than expected, continued monitoring is warranted to ensure sustained price stability and support macroeconomic stability. Against ongoing global uncertainty, it remains important to continue rebuilding external buffers through strong reserves accumulation. Sri Lanka’s recent Agreement in Principle with bondholders is an important milestone putting Sri Lanka’s debt on a path towards sustainability. The critical next steps are to complete the commercial debt restructuring, finalise bilateral agreements with official creditors along the lines of the accord with the Official Creditor Committee and implement the terms of the other agreements. This will help restore Sri Lanka’s debt sustainability. The new Government’s mandate will reinvigorate governance reforms addressing corruption risks, rebuilding economic confidence, and making growth more robust and inclusive. The IMF team held meetings with President and Finance Minister Anura Kumara Dissanayake, Labour Minister and Deputy Minister of Economic Development Prof. Anil Jayantha Fernando, Deputy Minister of Finance and Planning Dr. Harshana Suriyapperuma, Senior Economic Advisor Duminda Hulangamuwa, Central Bank of Sri Lanka Governor Dr. P. Nandalal Weerasinghe, Secretary to the Treasury K.M. Mahinda Siriwardana, and other senior Government and CBSL officials. The team also met with Parliamentarians, representatives from the private sector, civil society organisations, and development partners.” We would like to thank the authorities for the excellent collaboration,” Breuer added.9v casino login 。

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ISTANBUL Australia introduced a draft law Thursday that would ban children under 16 from accessing social media, aiming to tackle online harm among minors. Communications Minister Michelle Rowland emphasized the need for the law, citing statistics that two-thirds of teens aged 14 - 17 have encountered harmful content online. “Keeping Australians safe online is a top priority for the (Prime Minister Anthony) Albanese government,” said Rowland, highlighting dangers like content promoting drug abuse and self-harm. The legislation will apply to major social media platforms including Facebook, Instagram, TikTok and Snapchat. The draft would give social media companies a year to implement age-verification systems. X owner Elon Musk joined the debate, saying: "Seems like a backdoor way to control access to the Internet by all Australians," quoting Albanese’s support for the law. The legislation also proposes hefty fines of up to AU$50 million ($32 million) for platforms that do not comply.None

Merchants Bancorp ( NASDAQ:MBIN – Get Free Report ) and F & M Bank ( OTCMKTS:FMBM – Get Free Report ) are both small-cap finance companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, analyst recommendations, dividends, risk, earnings, valuation and institutional ownership. Insider & Institutional Ownership 24.6% of Merchants Bancorp shares are owned by institutional investors. Comparatively, 3.9% of F & M Bank shares are owned by institutional investors. 39.7% of Merchants Bancorp shares are owned by insiders. Comparatively, 10.7% of F & M Bank shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term. Analyst Ratings This is a breakdown of recent ratings and target prices for Merchants Bancorp and F & M Bank, as provided by MarketBeat.com. Dividends Merchants Bancorp pays an annual dividend of $0.36 per share and has a dividend yield of 0.9%. F & M Bank pays an annual dividend of $1.04 per share and has a dividend yield of 5.0%. Merchants Bancorp pays out 6.0% of its earnings in the form of a dividend. F & M Bank pays out 66.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Profitability This table compares Merchants Bancorp and F & M Bank’s net margins, return on equity and return on assets. Risk & Volatility Merchants Bancorp has a beta of 1.12, suggesting that its stock price is 12% more volatile than the S&P 500. Comparatively, F & M Bank has a beta of 0.4, suggesting that its stock price is 60% less volatile than the S&P 500. Valuation and Earnings This table compares Merchants Bancorp and F & M Bank”s revenue, earnings per share (EPS) and valuation. Merchants Bancorp has higher revenue and earnings than F & M Bank. Merchants Bancorp is trading at a lower price-to-earnings ratio than F & M Bank, indicating that it is currently the more affordable of the two stocks. Summary Merchants Bancorp beats F & M Bank on 14 of the 16 factors compared between the two stocks. About Merchants Bancorp ( Get Free Report ) Merchants Bancorp operates as the diversified bank holding company in the United States. It operates through three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment engages in the mortgage banking, which originates and services government sponsored mortgages, including bridge financing products to refinance, acquire, or reposition multi-family housing projects, and construction lending for multi-family and healthcare facilities. This segment also offers customized loan products for need-based skilled nursing facilities, such as independent living, assisted living, and memory care; and tax credit equity syndicator service. The Mortgage Warehousing segment funds agency eligible residential loans, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, which includes retail banking, commercial lending, agricultural lending, retail and correspondent residential mortgage banking, and small business administration lending. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana. About F & M Bank ( Get Free Report ) F & M Bank Corp. operates as the bank holding company for Farmers & Merchants Bank that provides financial products and services to consumers and businesses in Virginia. The company offers commercial and individual demand and time deposit accounts, savings accounts, money market accounts, internet and mobile banking services, and drive-in banking services. It also provides construction loans, including residential, and land acquisition and development loans; commercial real estate loans; business loans; consumer loans, such as personal loans, automobile loans, deposit account loans, installment and demand loans, and home equity loans; residential mortgage loans; credit cards; dealer finance; farmland loans; multi-family loans; and commercial and industrial loans. In addition, the company offers brokerage services and commercial and personal insurance products. Further, it originates conventional and government agency sponsored mortgages; and offers title insurance and real estate settlement services. The company was founded in 1908 and is headquartered in Timberville, Virginia. Receive News & Ratings for Merchants Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Merchants Bancorp and related companies with MarketBeat.com's FREE daily email newsletter .SAO PAULO (AP) — Brazil’s former President Jair Bolsonaro has been a target for investigations since his early days in office, and the swarm of cases since his failed reelection bid in 2022 has left him in ever-deeper legal jeopardy. In the latest indictment Thursday, he was accused of to keep himself in the presidency. In another case, the electoral court ruled the far-right leader ineligible to run for office until 2030. There are dozens of other probes that could produce criminal charges at low-level courts, where he could appeal any eventual conviction. But the country’s Supreme Court will have the final say regarding more than five in-depth investigations, including into the alleged coup attempt, which could land the former president behind bars or under house arrest. Bolsonaro has denied wrongdoing in all of the cases, and his allies have alleged they are political persecution, while recognizing the severity of the legal risks on multiple fronts. Here’s a look at the biggest threats and where they stand: Coup Attempt Federal police on Thursday indicted and 36 others for allegedly attempting a coup to keep him in office after his defeat in the 2022 elections. The indictment is sealed, but among other things authorities had been investigating whether he in which his followers ransacked the Supreme Court and presidential palace in the capital of Brasilia. STATUS: Police sent their findings to Brazil’s Supreme Court, which will refer them to Prosecutor-General Paulo Gonet. He will either formally charge Bolsonaro and put him on trial, or toss the investigation. Electoral Misdeeds Brazil’s that Bolsonaro used government communication channels in a meeting with diplomats to promote his reelection bid and sow distrust about the vote. The case focused on a meeting the prior year, during which Bolsonaro used government staffers, the state television channel and the presidential palace in Brasilia to tell foreign ambassadors that the country’s electronic voting system was rigged. The ruling rendered him ineligible for office until 2030, although he has insisted that he will run in the 2026 race. The court also found that Bolsonaro abused his power during Brazil’s Independence Day festivities, a month before the election. The ruling didn’t add years to Bolsonaro’s ineligibility, but made any appeal less likely to succeed. A third case is also pending at the court. STATUS: Bolsonaro’s appeal of the initial ruling was denied. Vaccination Fraud Bolsonaro has been indicted for directing an official to tamper with a public health database to make it appear as though he and his 12-year-old daughter had received the COVID-19 vaccine in order to bypass U.S. entry requirements. During the pandemic, he , characterized the choice to receive a shot as a matter of personal freedom and has repeatedly said he never did so. The Bolsonaro of criminal association and inserting false data into public records, which carry maximum penalties of 4 and 12 years in prison, respectively. It was his first indictment since leaving office. STATUS: Brazil’s Supreme Court sent the indictment to the prosecutor-general, who is weighing whether to use it to press charges. Local media reported that he was seeking to consult American authorities about whether Bolsonaro used the forged document to enter the country, and that having done so could result in U.S. legal action. Saudi Jewels Federal Police have probed whether Bolsonaro directed officials to from Saudi Arabia and Bahrain, then acted to prevent them from being incorporated into the presidential collection and instead retain ownership for himself. Investigators summoned Bolsonaro for questioning in April and August of 2023. He has returned the jewelry in question. STATUS: The Federal Police indicted Bolsonaro for money laundering and criminal association, according to a source with knowledge of the accusations. A second source confirmed the indictment, although not for which specific crimes. Both spoke on condition of anonymity because they weren’t authorized to speak publicly. Pandemic Sabotage Brazil’s Federal Police is investigating Bolsonaro for inciting crimes against public health during the COVID-19 pandemic, which include encouraging people not to wear masks and causing alarm about non-existent danger of . A Senate inquiry commission also spent months investigating his pandemic-era actions and decisions, and recommended nine criminal charges. Brazil’s former prosecutor-general Augusto Aras, widely seen as a Bolsonaro ally, decided not to file any charges based on the lawmakers’ findings. They have urged his Aras’ successor to reopen the case. STATUS: The investigation is ongoing. Fake News, Digital Militia Brazil’s Supreme Court in 2020 ordered an investigation into a network . The probe has yielded the imprisonment of lawmakers from the former president’s circle and raids of his supporters’ homes. In 2021, Bolsonaro was included as a target. As an offshoot of that probe, the Federal Police is also investigating whether a group operating inside Bolsonaro’s presidential palace produced social media content aimed at undermining the rule of law. The group, allegedly comprised of aides and Bolsonaro’s politician son, has been widely referred to as a digital militia and “the hate cabinet.” STATUS: Both investigations are ongoing. ___ Biller reported from Rio de Janeiro

"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" Thanks for your interest in Kalkine Media's content! To continue reading, please log in to your account or create your free account with us.Ravens' running game was crucial in a big win over the Chargers, especially on 4th down

CALIFORNIA 83, SACRAMENTO STATE 77