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Don't miss this limited-time offer to safeguard your home with cutting-edge technology! What Makes the REOLINK 8CH 4K Security Camera System Stand Out? This all-in-one security system combines top-tier video quality, smart features, and robust performance. Here's what you can expect: Ultra HD 4K Resolution With 4K video recording, the system delivers crystal-clear images, capturing every detail with precision. This ensures you'll have sharp footage for better identification of people, vehicles, or objects. 4 Cameras with 5X Optical Zoom The package includes four PoE (Power over Ethernet) cameras equipped with a 5X optical zoom. This feature allows you to zoom in on distant objects without losing clarity—perfect for monitoring large areas or focusing on specific points of interest. PoE Technology for Easy Setup The PoE design simplifies installation, requiring just one cable for both power and data transmission. This reduces clutter and ensures a hassle-free setup. Smart Person, Animal and Vehicle...Nikita Hand, who accused the sportsman of raping her in a Dublin hotel in December 2018, won her claim against him for damages in a civil case at the High Court in the Irish capital. The jury delivered its verdict on Friday. The total amount of damages awarded to Hand by the jury was 248,603.60 euros (£206,714.31). Mr McGregor made no comment as he left court but later posted on social media that he intends to appeal. The Irish athlete has featured in multiple video games, including voice-acting a character bearing his likeness in additional downloadable content in the Hitman series. Mr McGregor’s character featured as a target for the player-controlled assassin in the game. In light of the recent court ruling regarding Conor McGregor, IO Interactive has made the decision to cease its collaboration with the athlete, effective immediately. We take this matter very seriously and cannot ignore its implications. Consequently, we will begin removing all... — HITMAN (@Hitman) November 25, 2024 IO Interactive, the Danish developer and publisher of Hitman, said in a statement: “In light of the recent court ruling regarding Conor McGregor, IO Interactive has made the decision to cease its collaboration with the athlete, effective immediately. “We take this matter very seriously and cannot ignore its implications. “Consequently, we will begin removing all content featuring Mr McGregor from our storefronts starting today.” Mr McGregor had faced an accusation that he “brutally raped and battered” Ms Hand at a hotel in south Dublin in December 2018. The Irish sports star previously told the court he had consensual sex with Ms Hand in a penthouse at the Beacon Hotel. Ms Hand was taken in an ambulance to the Rotunda Hospital the following day where she was assessed in the sexual assault treatment unit. A paramedic who examined Ms Hand the day after the assault had told the court she had not seen “someone so bruised” in a long time.
Chuck Schumer Cuts Deal With GOP To Confirm Some Of Biden’s Final Judges, Drop Others
Federal government says 'not to confuse' premiers' differing opinions on Trump tariff retaliation, 'confident' in Canada's response
Barely a day after the Northern Elders Forum urged lawmakers from the region to oppose the Tax Reform Bills, a lawmaker from Kano State, Abdulmumin Jibrin, has assured all that both chambers of the National Assembly will pass the bills soon. Jibrin, who serves as the Chairman of the House of Representatives Committee on Housing and Habitat, made this known during his appearance on the Politics Today programme aired by Television Continental on Sunday night. He stated that the proposed tax reforms, along with other economic policies championed by President Bola Tinubu, are aimed at securing a better future for Nigerians. “I have no doubts about the approval and passage of the tax reform bills. We are committed to ensuring they go through,” Jibrin affirmed. He acknowledged the skepticism surrounding the bills, particularly in northern Nigeria, but stressed that efforts are underway to educate people on the benefits and necessity of the reforms. He explained, “For those of us who have studied the bills comprehensively, the benefits outweigh any perceived drawbacks. “Misconceptions about these reforms largely stem from misinformation being spread.” Jibrin emphasised that Tinubu and the Chairman of the Federal Inland Revenue Service are not pushing for conflict but are advocating a clear understanding of the reforms’ goals. Related News Tinubu's tax reform bills not retrogressive, says Senate spokesman Tax reform bills: Reps deny govs threatening lawmakers JUST IN: Senate holds valedictory session for late Ifeanyi Ubah These include improved revenue generation and distribution to enhance Nigeria’s economic stability. He also pointed out that contentious elements in the bills should not lead to outright rejection. “Since the bills are now before the National Assembly, it is our responsibility to scrutinise them thoroughly. Any contentious clauses can be reviewed and adjusted, as the bills are not immutable,” he remarked. Jibrin further highlighted the transformative potential of recent economic reforms, including the removal of fuel subsidies and the unification of the foreign exchange market. He expressed confidence that these changes, though painful in the short term, will yield significant long-term benefits. “President Tinubu is making sacrifices today for the sake of a better tomorrow for all Nigerians. “His courageous reforms are laying the groundwork for a stronger, more resilient economy,” he concluded.ATLANTA — On Jan. 18 and 19 the AT&T Playoff Playlist Live! will be held at State Farm Arena in advance of the College Football Playoff national championship on Jan. 20. The star-studded lineup was announced Thursday at a news conference at Mercedes-Benz Stadium. Performances will include Lil Wayne and GloRilla on Saturday; and Camila Cabello, Myles Smith and Knox on Sunday. On game day, the Allstate Championship Tailgate, taking place just outside Mercedes-Benz Stadium in the Home Depot Backyard, will feature country acts on the Capital One Music Stage, including global superstar Kane Brown and iHeartCountry “On The Verge” artist Ashley Cooke. The concerts are just two of the festivities visiting fans can enjoy in the days leading up to the big game. The fan experience for both ticket holders and the general public has been a focus for event planners. All weekend long, an estimated 100,000 people from across the country are expected to attend fan events preceding kickoff. “It will be an opportunity for fans of all ages to come together to sample what college football is all about, and you don’t have to have a ticket to the game to be a part of it,” said Bill Hancock, executive director of the CFP in a press release. “We’ve worked closely with the Atlanta Football Host Committee to develop fan-friendly events that thousands will enjoy come January.” On Saturday, Jan. 18, Playoff Fan Central will open at the Georgia World Congress Center in downtown Atlanta. The free, family-friendly experience will include games, clinics, pep rallies, special guest appearances, autograph signings and exhibits celebrating college football and its history. That day, fans can also attend Media Day, presented by Great Clips, which will feature one-hour sessions with student-athletes and coaches from each of the College Football Playoff national championship participating teams. ESPN and social media giants X, Facebook, Instagram and TikTok will be taping live broadcasts from the event. On Sunday, Jan. 19, the Trophy Trot, both a 5K and 10K race, will wind its way through the streets of downtown Atlanta. Each Trophy Trot participant will receive a T-shirt and finisher’s medal. Participants can register at atlantatrackclub.org . On Sunday evening, the Georgia Aquarium will host the Taste of the Championship dining event, which offers attendees the opportunity to indulge in food and drink prepared by local Atlanta chefs. This premium experience serves as an elevated exploration of local cuisine on the eve of the national championship. Tickets to the Taste of the Championship event are available on etix.com . Atlanta is the first city ever to repeat as host for the CFP national championship. The playoff was previously held in Atlanta in 2018. “We are honored to be the first city to repeat as host for the CFP national championship and look forward to welcoming college football fans from around the country in January,” said Dan Corso, president of the Atlanta Sports Council and Atlanta Football Host Committee. “This event gives us another opportunity to showcase our incredible city.” The College Football Playoff is the event that crowns the national champion in college football. The quarterfinals and semifinals rotate annually among six bowl games — the Goodyear Cotton Bowl Classic, Vrbo Fiesta Bowl, Capital One Orange Bowl, Chick-fil-A Peach Bowl, Rose Bowl Game presented by Prudential and the Allstate Sugar Bowl. This year’s quarterfinals will take place on Dec. 31, 2024 and Jan. 1, 2025, while the semifinals will be Jan. 9-10, 2025. The CFP national championship will be Monday, Jan. 20, 2025, at Mercedes-Benz Stadium. For additional information on the College Football Playoff, visit CollegeFootballPlayoff.com . Get local news delivered to your inbox!How Trump’s bet on voters electing him managed to silence some of his legal woes
Gisèle Benoit still gets goosebumps when she remembers the first time she saw a family of eastern wolves emerge from the forests of the Mauricie National Park, under the backdrop of a rising moon. It was 1984 and Benoit, then in her early 20s, had been using a horn to try to call a bull moose when she instead heard a long howl, followed by an adult wolf stepping out to a rocky shore accompanied by a half-grown youth and four pups. “I will never forget that,” she said of the magical moment. “It’s anchored in my heart forever.” It was only later that Benoit, an artist and documentary filmmaker, learned that the wolves she saw weren’t grey wolves but rather rare eastern wolves. The species, whose population is estimated at fewer than 1,000 mature adults, could soon be further protected by new measures that are raising hopes among conservationists that attitudes toward a once-feared and maligned animal are shifting. In July, the federal government upgraded the eastern wolf’s threat level from “status of special concern” to “threatened,” based on a 2015 report by the Committee on the Status of Endangered Wildlife in Canada. That report found the population count may be as low as 236 mature individuals in its central Ontario and southern Quebec habitat. The eastern wolf is described as medium-sized canid with reddish-tawny fur that lives in family groups of a breeding pair and their offspring. Also known as the Algonquin wolf, it is largely restricted to existing protected areas, including Algonquin Park in Ontario. The federal Environment Department said in an email that development of a recovery strategy is underway, adding it would be “written in collaboration with provincial governments, federal departments responsible for the federal lands where the eastern wolf is found as well as First Nations groups and Indigenous organizations.” The order triggers protection for the species on federal lands and forces Ottawa to prepare a recovery plan. However, the fight for protection could be an uphill battle in Quebec, which does not even recognize the eastern wolf as a distinct species. A spokesperson for Quebec’s Environment Department said Quebec considers the eastern wolf a “genetic group” rather than its own species. “Recent study shows that the eastern wolf is a distinct entity, even if it comes from several crosses between the grey wolf and the coyote,” Daniel Labonté wrote in an email. “However, scientific knowledge does not demonstrate that this genetic grouping constitutes a species in its own right.” Labonté added that this lack of recognition was not a barrier to protecting the animal, since the law also allows for protection of subspecies or wildlife populations. In October, Quebec launched a program to collect samples to improve knowledge on the distribution of large canines, including the eastern wolf. The government said it is currently “impossible to assert that there is an established population” in Quebec due to low numbers — amounting to three per cent of analyzed samples — and the “strong hybridization that exists among large canids.” Véronique Armstrong, co-founder of a Quebec wildlife protection association, says she’s feeling positive about both the Canadian and Quebec governments’ attitudes. While wolves were once “stigmatized, even persecuted,” she said, “we seem to be heading in the direction of more protection.” Her group, the Association québécoise pour la protection et l’observation de la faune, has submitted a proposal for a conservation area to protect southern Quebec wolves that has already received signs of support from three of the regional municipalities that would be covered, she said. While it’s far from settled, she’s hopeful that the battle to protect wolves might be easier than for some other species, such as caribou, because the wolves are adaptable and can tolerate some human activity, including forestry. John Theberge, a retired professor of ecology and conservation biology from the University of Waterloo and a wolf researcher, spent several years along with his wife studying and radio-collaring eastern wolves around Algonquin Park. Back in the 1990s and 2000s, they faced a “huge political battle” to try to expand wolf protection outside park boundaries after realizing that the far-ranging animals were being hunted and trapped in large numbers once they left the protected lands. Conservationists, he said, faced resistance from powerful hunter and trapper lobbies opposed to protecting the animals but in the end succeeded in permanently closing the zones outside the park to hunting and trapping in 2004. Theberge says people who want to save wolves today still face some of that same opposition — especially when governments including Quebec, Alberta and British Columbia kill wolves to protect endangered caribou. But he believes the public support for protecting wolves has increased from when his career began in the 1960s, when they were treated with fear and suspicion. “Nobody wore T-shirts with wolves on them back then,” he said. Over the years, there have been questions about whether the eastern wolf may be a grey wolf subspecies or a coyote-wolf hybrid. But in the order protecting the wolves, the federal government says genetic analyses have resolved that debate, showing that it is a “distinct species.” Benoit, Theberge and Armstrong all believe that while it’s important to protect the eastern wolf from a genetic diversity perspective, there is value in protecting all wolves, regardless of their DNA. Wolves, they say, are an umbrella species, meaning that protecting them helps protect a variety of other species. They kill off weak and sick animals, ensuring strong populations. They’re also “highly developed, sentient social species, with a division of labour, and strong family alliances,” Theberge said. Benoit agrees. After years spent watching wolves, she has developed great respect for how they live in close-knit families, with older offspring helping raise new pups. “It’s extraordinary to see how their way of life is a little like humans’,” she said.(Bloomberg) — In 2018, the arrest of an executive with Chinese tech giant Huawei Technologies Co. for breaching US laws shocked President Xi Jinping’s inner circle and raised questions over whether Donald Trump would intervene in the case. Trump now faces a similar dilemma after US prosecutors charged Gautam Adani — India’s most powerful businessman and a close ally of Prime Minister Narendra Modi — in a $250 million bribery scheme. While Modi’s party called it a private matter, and Adani’s company denied the allegations, the case threatens to roil US-India diplomatic ties. Although Trump didn’t intervene in the Huawei case, which was eventually settled in 2021 after he left office, on its face he’ll have more incentive to make this case go away. Beyond Trump’s personal connection with Modi, the incoming US president has packed his team with China hawks who want to see stronger ties with India to counterbalance Beijing’s power in the region. Yet even if Trump does a favor for Adani, who praised the president-elect’s “unbreakable tenacity” after his election win, the case is yet another reminder of the long reach of US law — one that can affect both friends and foes around the world. A proliferation of American sanctions targeting Russia, China and even India, although it’s mostly gotten waivers, has accelerated the expansion of the BRICS grouping as nations seek an alternative to the US dominance of the financial system. For India in particular, the charges against Adani only reinforces its strategy to keep a foot in both major camps, staying friendly with the US while also keeping up good ties with Russia, China and other major economies in what’s known as the Global South. India remains reliant on Russian weapons and energy, and soon plans to host Vladimir Putin for the first time since the war began. “The indictment of Adani is seen in New Delhi as politically driven and will have a bearing on US-India collaboration and mutual trust unless the incoming Trump administration drops the prosecution,” said Brahma Chellaney, a professor of strategic studies at the Center for Policy Research in New Delhi. “Much will be depend on how the next US administration seeks to chart the relationship with India.” India’s Ministry of External Affairs declined to comment when contacted for further information. Trump’s team didn’t respond to requests for further information. For the moment, it remains unclear if Modi will look to distance himself from Adani. He’s facing a more vocal opposition, who have more than doubled their support in the parliament after elections earlier this year, and are now pushing for federal investigators to probe Adani. Modi’s party suffered a setback in the polls that forced him to govern with coalition partners for the first time. Even so, if India has a national champion, it’s the Adani Group. Modi and the billionaire share deep links going back decades in their home state of Gujarat, and Adani was instrumental in helping revive the prime minister’s reputation when he came under attack over religious riots in 2002. After the arrest of Meng Wanzhou, the daughter of Huawei’s founder, the Communist Party eventually portrayed it as an attack on China and celebrated her return, even saying Xi personally gave instructions on the case. Modi may take a different approach, possibly using his personal ties with Trump and the US’s strategic need for India’s support in the region as leverage. And while Trump shares a mutual admiration with Modi, he’s long called out India for taking advantage of the US on trade. “I have no doubt that feelers have already been sent out to the Trump team,” said Milan Vaishnav, director and senior fellow of the South Asia Program at the Carnegie Endowment for International Peace. “Certainly, the Trump administration could decide not to pursue them or to settle them quickly and with little fanfare. The question, of course, is what will the famously transactional Trump want in return?” Trump’s Team Much will depend on who will run the Department of Justice. Trump personally has been prosecuted in a number of cases he says are politically motivated. His initial nomination of Matt Gaetz as attorney general and his subsequent pick of longtime ally Pam Bondi suggests there will be fewer guardrails on intervening in politically sensitive cases. Trump has already nominated several key people to his team who are pro-India supporters. Marco Rubio, Trump’s pick for secretary of state, introduced a bill to the US Senate in July to boost defense ties with India and treat the South Asian nation as a NATO ally like Japan. Mike Waltz, who Trump has chosen as his national security adviser, was a guest of Modi at India’s Republic Day celebrations last year. The US government will have its own balancing act to manage. It gave Adani an endorsement last year when the US International Development Finance Corp. announced it would provide $553 million in financing to one of his business units for a port terminal in Sri Lanka’s capital, marking the government agency’s largest infrastructure investment in Asia. It’s unclear whether that project will still go forward. For India, which has leaned closer to the US in recent years, the Adani case only underscores the risks of jumping too far into the American camp. Tensions had already been high after US prosecutors accused an Indian government employee of directing a foiled plot to assassinate a Sikh separatist with US citizenship in New York. India’s top diplomat, External Affairs Minister Subrahmanyam Jaishankar, once described the nation’s foreign policy in terms of “hedging.” That approach has allowed it to maintain friendly ties with the US and its allies while also remaining on good terms with Putin, who is a key supplier of oil and weapons. “India might be more cautious in diversifying its economic and strategic interests but the Modi government recognizes that the US is the most powerful country in the world and India can’t take it head on,” said Sushant Singh, a lecturer of South Asian studies at Yale University.
Global 3D Viewing Software Market Size, Share and Forecast By Key Players-Image Information Systems, Zirkonzahn, Hermes Medical Solutions, Materialise, Esaote 11-26-2024 08:58 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Market Research Intellect 3D Viewing Software Market USA, New Jersey- According to the Market Research Intellect, the global 3D Viewing Software market is projected to grow at a robust compound annual growth rate (CAGR) of 16.87% from 2024 to 2031. Starting with a valuation of 5.74 Billion in 2024, the market is expected to reach approximately 14.63 Billion by 2031, driven by factors such as 3D Viewing Software and 3D Viewing Software. This significant growth underscores the expanding demand for 3D Viewing Software across various sectors. The 3D viewing software market is experiencing strong growth, fueled by advancements in technology and the increasing demand for immersive visual experiences across various industries. As sectors such as gaming, architecture, healthcare, automotive, and entertainment increasingly adopt 3D visualization tools, the need for high-quality, intuitive 3D viewing software is rising. These solutions enable users to interact with complex designs, models, and environments in a more dynamic and realistic way. The growing trend of augmented reality (AR) and virtual reality (VR) applications has also contributed to the expansion of the market, providing new opportunities for interactive 3D viewing. Additionally, the rise in e-commerce platforms and online product showcases has further driven the adoption of 3D viewing tools, enhancing customer engagement and product visualization. With continuous technological innovations and expanding use cases, the 3D viewing software market is set for sustained growth. The dynamics of the 3D viewing software market are shaped by technological advancements, increasing adoption of AR and VR, and the expanding applications of 3D visualization across multiple industries. The rise in demand for interactive and immersive experiences in gaming, automotive design, architecture, and healthcare is driving market growth. Innovations such as cloud-based solutions, real-time rendering, and AI integration are improving the efficiency and accessibility of 3D viewing software. Furthermore, the growing trend of online product visualization and virtual experiences in retail and e-commerce is accelerating adoption. As industries seek to enhance customer engagement and improve design processes, the demand for advanced 3D viewing software continues to grow. These factors, combined with the increasing popularity of digital twin technologies and simulation-based applications, are fueling the ongoing expansion and evolution of the market. Request PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.marketresearchintellect.com/download-sample/?rid=5746330&utm_source=OpenPr&utm_medium=049 Key Drivers: The growth of the 3D Viewing Software market is driven by several key factors. Technological advancements in 3D Viewing Software have enabled greater efficiency and enhanced capabilities, spurring adoption across industries. Additionally, the rising demand for sustainable and eco-friendly solutions is pushing companies to innovate and adopt greener practices. Expanding applications in sectors like 3D Viewing Software and 3D Viewing Software are further contributing to market demand, as these industries seek advanced solutions to streamline operations and enhance product quality. Favorable government policies and incentives in regions such as North America, Europe, and Asia-Pacific support investment and growth. Moreover, an increasing focus on 3D Viewing Software for improving operational efficiency and cost-effectiveness is encouraging businesses to embrace new technologies, fostering sustained market expansion. Mergers and Acquisitions Mergers and acquisitions (M&A) play a pivotal role in the 3D Viewing Software market, as companies look to expand their capabilities, access new technologies, and strengthen market presence. Leading players engage in strategic acquisitions to consolidate their position and gain a competitive edge. These transactions often facilitate the integration of advanced 3D Viewing Software solutions, helping firms broaden their product portfolios and meet growing customer demands. Additionally, M&A activities support companies in achieving economies of scale and penetrating new regional markets, particularly in high-growth areas like Asia-Pacific. Through such strategic alliances, businesses aim to accelerate innovation, enhance operational efficiency, and address evolving market challenges, ultimately driving the overall growth of the 3D Viewing Software market. Get a Discount On The Purchase Of This Report @ https://www.marketresearchintellect.com/ask-for-discount/?rid=5746330&utm_source=OpenPr&utm_medium=049 The following Key Segments Are Covered in Our Report By Type 3D Medical Imaging Software 3D Animation Software 3D Graphics Software By Application Government Sector Defense Sector Education and Academia Sectors BFSI Sector IT Sector Major companies in 3D Viewing Software Market are: Image Information Systems, Zirkonzahn, Hermes Medical Solutions, Materialise, Esaote, Motion View Software, Anatomage, Trifoil Imaging, AGE Solutions, Carestream Dental, 3Diemme Global 3D Viewing Software Market -Regional Analysis North America: North America is expected to hold a significant share of the 3D Viewing Software market due to advanced technological infrastructure and the presence of major market players. High demand across sectors like 3D Viewing Software and 3D Viewing Software is driving growth, with the U.S. being a key contributor. Additionally, ongoing investments in R&D and innovation reinforce the region's strong market position. Europe: Europe is projected to experience steady growth, driven by stringent regulatory standards and a rising focus on sustainability in 3D Viewing Software practices. Countries like Germany, France, and the UK are leading due to their advanced industrial base and supportive government policies. The demand for eco-friendly and efficient 3D Viewing Software solutions is expected to continue fostering market expansion. Asia-Pacific: Asia-Pacific is anticipated to be the fastest-growing region, fueled by rapid industrialization and urbanization. Countries such as China, India, and Japan are driving demand due to expanding consumer bases and increasing investments in infrastructure. The region's robust manufacturing sector and favorable economic policies further enhance growth opportunities in the 3D Viewing Software market. Latin America: Latin America and the Middle East & Africa are expected to show moderate growth in the 3D Viewing Software market. In Latin America, growth is supported by rising industrial activities in countries like Brazil and Mexico. Meanwhile, in the Middle East & Africa, infrastructure development and an increasing focus on innovation in sectors like 3D Viewing Software are key drivers of market expansion. Middle East and Africa: The Middle East and Africa represent emerging markets in the global 3D Viewing Software market, with countries like UAE, Saudi Arabia, South Africa, and Nigeria showing promising growth potential. Economic diversification efforts, urbanization, and a young population are driving demand for 3D Viewing Software products and services in the region. Frequently Asked Questions (FAQ) 1. What is the current size of the 3D Viewing Software market? Answer: The 3D Viewing Software market was valued at approximately 5.74 Billion in 2024, with projections suggesting it will reach 14.63 Billion by 2031, growing at a CAGR of 16.87%. 2. What factors are driving the growth of the 3D Viewing Software market? Answer: The market's expansion is attributed to several factors, including increased demand for 3D Viewing Software, advancements in 3D Viewing Software technology, and the adoption of 3D Viewing Software across various sectors. 3. Which regions are expected to dominate the 3D Viewing Software market? Answer: Regions such as North America, Europe, and Asia-Pacific are anticipated to lead due to the presence of major industry players and growing investments in 3D Viewing Software. 4. Who are the key players in the 3D Viewing Software market? Answer: Prominent companies in the 3D Viewing Software market include 3D Viewing Software, 3D Viewing Software, and 3D Viewing Software, each contributing to market growth through innovations and strategic partnerships. 5. What challenges does the 3D Viewing Software market face? Answer: The market faces challenges such as 3D Viewing Software, regulatory compliance, and competition from alternative solutions. However, ongoing advancements aim to address these issues. 6. What are the future trends in the 3D Viewing Software market? Emerging trends include the integration of 3D Viewing Software technology, sustainability practices, and digital transformation in processes, all expected to shape the market's future. 7. How can businesses benefit from the 3D Viewing Software market? Answer: Businesses can leverage growth opportunities in the 3D Viewing Software market by adopting new solutions, enhancing operational efficiency, and expanding their offerings to meet evolving consumer demands. 8. Why invest in a 3D Viewing Software market report from MRI? Answer: MRI's report provides in-depth analysis, future projections, and key insights to support strategic decision-making, enabling businesses to stay competitive and capitalize on growth trends in the 3D Viewing Software market. For More Information or Query, Visit @ https://www.marketresearchintellect.com/product/global-3d-viewing-software-market-size-forecast/?utm_source=OpenPr&utm_medium=049 https://www.linkedin.com/pulse/direct-drive-frameless-motor-market-x369f/ https://www.linkedin.com/pulse/e-clinical-solution-software-market-sxfgf/ https://www.linkedin.com/pulse/automotive-perfume-market-size-application-doqmf/ https://www.linkedin.com/pulse/polyethylene-terephthalate-glycol-petg-3zrzf/ https://www.linkedin.com/pulse/digital-photogrammetry-market-size-application-bspff/ https://www.linkedin.com/pulse/automotive-trunk-hands-free-power-liftgate-zu2pf/ https://www.linkedin.com/pulse/china-heavy-duty-truck-market-size-application-to27f/ https://www.linkedin.com/pulse/enterprise-antivirus-services-market-rhtwf/ https://www.linkedin.com/pulse/chordoma-disease-therapeutics-market-rf3jf/ https://www.linkedin.com/pulse/interactive-textiles-market-size-application-0dedf/ 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Albo’s ‘ego’ behind stalemate: Greens
SpaceX plans to launch a mystery mission from Florida's Space Coast this evening (Dec. 13). A Falcon 9 rocket is scheduled to lift off from Florida's Cape Canaveral Space Force Station today at 8:04 p.m. EDT (0104 GMT on Dec. 14), kicking off a mission that SpaceX calls RRT-1. The company will livestream the action live via its X account, starting about 10 minutes before launch. Many space observers think tonight's launch is sending an advanced GPS satellite to orbit — specifically, GPS 3-10 , another member of the venerable navigation network's third generation of spacecraft. SpaceX holds a contract to launch three of these satellites for the U.S. military and has already sent one of them aloft, in January 2023 . Related: SpaceX launches advanced GPS satellite for US Space Force, nails the landing But SpaceX's mission description doesn't say anything about GPS satellites; it doesn't even explain what RRT-1 stands for, if that name is indeed an acronym. And the fairing that surrounds and protects the RRT-1 payload apparently features no artwork or logos , a departure from the norm that adds to the intrigue. If all goes according to plan tonight, the Falcon 9's first stage will come back to Earth about 8.5 minutes after launch, touching down on the drone ship "A Shortfall of Gravitas" in the Atlantic Ocean. It will be the fourth liftoff and landing for this particular booster, according to SpaceX's mission description. The rocket's upper stage, meanwhile, will deploy the RRT-1 payload, whatever it may be, into orbit about 90 minutes after launch.
How Trump's bet on voters electing him managed to silence some of his legal woesTikTok files legal challenge of federal government's shutdown orderNEW YORK , Nov. 21, 2024 /PRNewswire/ -- S&P Global Market Intelligence has released a report today highlighting the convergence in public and private credit markets. The newly published Public and Private Markets Outlook: Converging on Credit is part of S&P Global Market Intelligence's Big Picture 2025 Outlook Report Series. In this new report, S&P Global Market Intelligence's capital markets analysts highlight how public and private credit markets have become increasingly intertwined in 2024, and why we expect this trend to continue in 2025. Public debt markets have grown, but not at the expense of the $1.5 trillion private markets, which continue their rapid expansion. " It may be no coincidence that the fall in Credit Default Swap (CDS) credit events aligns with the growth in provision of private credit. Many companies now have recourse to lines of credit from private sources to an extent not seen in previous cycles. This trend is likely to continue in 2025 but may raise questions about the transparency and measurement of credit risk in private credit funds, where the exposure is ultimately shifted," said Gavan Nolan , Executive Director at S&P Global Market Intelligence. Key highlights from the report include: To request a copy of Public and Private Markets Outlook: Converging on Credit , please contact press.mi@spglobal.com . S&P Global Market Intelligence's opinions, quotes, and credit-related and other analyses are statements of opinion as of the date they are expressed and not statements of fact or recommendation to purchase, hold, or sell any securities or to make any investment decisions, and do not address the suitability of any security. About S&P Global Market Intelligence At S&P Global Market Intelligence, we understand the importance of accurate, deep and insightful information. Our team of experts delivers unrivaled insights and leading data and technology solutions, partnering with customers to expand their perspective, operate with confidence, and make decisions with conviction. S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI). S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world's leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information, visit www.spglobal.com/marketintelligence . Media Contact Amanda Oey S&P Global Market Intelligence +1 212-438-1904 amanda.oey@spglobal.com or press.mi@spglobal.com View original content to download multimedia: https://www.prnewswire.com/news-releases/sp-global-market-intelligences-new-outlook-report-shows-the-convergence-of-public-and-private-credit-markets-and-expects-the-trend-to-continue-into-2025-302313385.html SOURCE S&P Global Market Intelligence
No. 5 UCLA stuns No. South Carolina, ends 43-game streakNEW YORK , Nov. 21, 2024 /PRNewswire/ -- S&P Global Market Intelligence has released a report today highlighting the convergence in public and private credit markets. The newly published Public and Private Markets Outlook: Converging on Credit is part of S&P Global Market Intelligence's Big Picture 2025 Outlook Report Series. In this new report, S&P Global Market Intelligence's capital markets analysts highlight how public and private credit markets have become increasingly intertwined in 2024, and why we expect this trend to continue in 2025. Public debt markets have grown, but not at the expense of the $1.5 trillion private markets, which continue their rapid expansion. " It may be no coincidence that the fall in Credit Default Swap (CDS) credit events aligns with the growth in provision of private credit. Many companies now have recourse to lines of credit from private sources to an extent not seen in previous cycles. This trend is likely to continue in 2025 but may raise questions about the transparency and measurement of credit risk in private credit funds, where the exposure is ultimately shifted," said Gavan Nolan , Executive Director at S&P Global Market Intelligence. Key highlights from the report include: The $1.5 trillion global private market continues to see new activity as banks seek out new partnerships. Meanwhile, fund managers are trying to enter public markets through new investment vehicles. Credit events in the CDS market have stayed low, with just two credit event auctions — the settlement mechanism for CDS — in 2024. This is the fourth consecutive year that auctions have not exceeded three annually and brings the 3-year moving average down to the lowest levels not seen since the credit bubble before the global financial crisis in 2007-2008. With the size of the private credit market approaching $2 trillion , some regulators and investors are calling for more rules and transparency in the largely unregulated space. The private credit market, meanwhile, is only growing, with some estimates calling for total assets under management to more than double by 2028. To request a copy of Public and Private Markets Outlook: Converging on Credit , please contact [email protected] . S&P Global Market Intelligence's opinions, quotes, and credit-related and other analyses are statements of opinion as of the date they are expressed and not statements of fact or recommendation to purchase, hold, or sell any securities or to make any investment decisions, and do not address the suitability of any security. About S&P Global Market Intelligence At S&P Global Market Intelligence, we understand the importance of accurate, deep and insightful information. Our team of experts delivers unrivaled insights and leading data and technology solutions, partnering with customers to expand their perspective, operate with confidence, and make decisions with conviction. S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI ). S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world's leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information, visit www.spglobal.com/marketintelligence . Media Contact Amanda Oey S&P Global Market Intelligence +1 212-438-1904 [email protected] or [email protected] SOURCE S&P Global Market Intelligence
Pro Football Hall of Famer Randy Moss says he's being treated for cancer in his bile duct Pro Football Hall of Fame wide receiver Randy Moss says he is being treated for cancer in his bile duct between his pancreas and liver. Moss made the announcement Friday in an appearance on Instagram Live. He introduced himself as a cancer survivor and thanked his “prayer warriors” for their support. Moss had a procedure to put a stent in his liver on Thanksgiving after experiencing urine discoloration. Moss says he was hospitalized for six days before being released on Friday. He says he’s being treated with radiation and chemotherapy. De'Vondre Campbell won't be part of the 49ers after his refusal to enter a game, Kyle Shanahan says SANTA CLARA, Calif. (AP) — San Francisco coach Kyle Shanahan said linebacker De’Vondre Campbell won’t be part of the 49ers moving forward after he refused to enter a game after losing his starting job. Shanahan said the team is still working through the options of how to deal with Campbell after he walked to the locker room in the middle of a 12-6 loss to the Los Angeles Rams. Shanahan says the team is weighing its options, which could include a suspension or release, but that Campbell won't be part of the team for the final three weeks of the season. Trae Young, Hawks hoping to win big in Vegas at the NBA Cup semifinals LAS VEGAS (AP) — Trae Young might be the NBA’s biggest enigma. Young’s fans can point to numbers and say he’s an elite player. His detractors can point to numbers and say he’s overrated. Both arguments have validity. To some, his cocky ways are endearing. To others, they’re infuriating. This can’t be argued: He’s helping Atlanta author one of the season’s surprise stories. The Hawks are in the NBA Cup semifinals, set to play Milwaukee on Saturday before the other semifinal between Oklahoma City and Houston. The title game is Tuesday night. Analysis: Only LeBron James knows what's happening right now, and what's in his future LAS VEGAS (AP) — LeBron James was starring in Las Vegas at this time last year, the headline attraction while he and the Los Angeles Lakers were about to win the inaugural version of the event now known as the NBA Cup. That's not the case this year. “Personal reasons ... he’s taking some time” is what Lakers coach JJ Redick said this week when detailing why James was missing from practice. “Left foot soreness” is the reason why the Lakers have ruled him out of Friday’s game in Minnesota. There’s been trade speculation in recent days. It's all very different than a year ago at Cup time. Yankees get closer Devin Williams from Brewers for Nestor Cortes, Caleb Durbin NEW YORK (AP) — The New York Yankees have acquired All-Star closer Devin Williams from the Milwaukee Brewers for left-hander Nestor Cortes and infield prospect Caleb Durbin. The Yankees also will send $2 million to the Brewers as part of the trade. A 30-year-old right-hander, Williams and his signature “Airbender” changeup are eligible for free agency after the 2025 season. He was diagnosed during spring training with two stress fractures in his back and didn’t make his season debut until July 28. Williams was 14 for 15 in save chances with a 1.25 ERA, striking out 38 and walking 11 in 21 2/3 innings. Cubs acquire All-Star outfielder Kyle Tucker in trade with the Astros CHICAGO (AP) — The Chicago Cubs have acquired All-Star outfielder Kyle Tucker in a trade with the Houston Astros, paying a big price for one of baseball’s best hitters. The Cubs sent third baseman Isaac Paredes, right-hander Hayden Wesneski and Cam Smith, one of their top infield prospects, to the Astros for Tucker, who is eligible for free agency after the 2025 season. Tucker was limited to 78 games this year because of a fractured right shin, but he hit .289 with 23 homers and 49 RBIs for the AL West champions. New West Virginia coach Rich Rodriguez says leaving for Michigan 17 years ago was a 'mistake' MORGANTOWN, W.Va. (AP) — Rich Rodriguez says he regrets leaving West Virginia 17 years ago. Rodriguez was introduced as the coach at his alma mater on Friday. Based on the welcome he got from the thousands of West Virginia fans in attendance, much seems to be forgiven. Rodriguez told the crowd that he never should have left his home state. The 61-year-old coach says he's grown both as a person and a coach throughout his long career, and that his departure at the end of the 2007 season for a head coaching job at Michigan was a mistake. Rodriguez went 60-26 at West Virginia from 2001 to 2007. Lindsey Vonn to enter World Cup ski races next weekend in Switzerland in her comeback at age 40 BEAVER CREEK, Colo. (AP) — Lindsey Vonn will return to World Cup ski racing next weekend for a pair of super-G events in St. Moritz, Switzerland, as she continues her comeback at 40 years old. Vonn teased her return in an Instagram post through her sponsor, Red Bull, on Friday morning. She said “I hear St. Moritz is pretty nice this time of year.” The U.S. Ski Team then confirmed she will race in St. Moritz. She’s won five of her 82 World Cup races on the venue at St. Moritz. Picabo Street, a two-time Olympic medalist and Vonn’s former teammate, says “it’s the coolest thing ever.” Woman who falsely accused Duke lacrosse players of rape in 2006 publicly admits she lied RALEIGH, N.C. (AP) — The woman who in 2006 falsely accused three Duke University lacrosse players of raping her has admitted publicly for the first time that she made up the story. The accusations made national headlines at the time, stirring tensions about race, class and the privilege of college athletes. Crystal Mangum, who is Black, said in an interview with the “Let’s Talk with Kat” podcast that she “made up a story that wasn’t true” about the white players who attended a party where she was hired to perform as a stripper “because I wanted validation from people and not from God.” The former Duke players were declared innocent in 2007 after Mangum’s story fell apart under legal scrutiny. Belichick's bid to reshape football at UNC another sign of rising pro influence on college level CHAPEL HILL, N.C. (AP) — North Carolina's hiring of NFL coaching great Bill Belichick marks another sign of the growing influence of the NFL on college football. The challenges of managing the transfer portal and looming revenue sharing for athletes has led teams to take on more NFL-like structures to their programs. Belichick is set to structure North Carolina's program like an NFL front office. That includes hiring former NFL executive Michael Lombardi as general manager. At Florida, coach Billy Napier is interviewing general managers while saying the program is going to “a business model” to deal with a “major math puzzle.”
Court ruling emboldens Pheu ThaiMontebello just broke ground on its doggie happy place: the city’s first-ever dog park. The site sits at Acuna Park at 1700 W. Victoria Ave., where dogs and their owners gathered on Wednesday, Dec. 4, to breaking ground. City officials said the project will provide a safe, welcoming space for dogs and their owners. The park spans about 20,000 square feet, but the new dog park will include 14,000 square feet of dedicated off-leash space where dogs can roam, play, and and get to know each other. The park will feature separate areas for small and large dogs to ensure a safe and enjoyable experience for the big doggies and the little ones. The park will also include amenities such as: Related Articles News | Girl, 5, killed by family’s dogs in backyard attack near Covina News | Zoya, one of world’s oldest Amur leopards, dies at the Living Desert Zoo and Gardens News | How Los Angeles saved crucial wildlife habitat in the Santa Monica Mountains News | Wild parrots are being shot at increasing rates in the San Gabriel Valley, wildlife groups say News | Mountain lion rescued from tree after fleeing beagle in OC Mayor Scarlet Peralta said the “creation of Montebello’s first dog park is a testament to our commitment to enhancing the quality of life for all our residents. We are proud to deliver a space that reflects the input of our community and provides a safe and enjoyable environment for our pets and their owners. This project is another step forward in building a stronger, more inclusive Montebello.” City Manager Raul Alvarez said “this dog park represents our city’s dedication to fostering community connection and creating spaces where everyone, including our four-legged family members, can thrive.” The park will be open during standard park hours. For updates on the park’s progress and opening details, visit MontebelloCA.gov or follow on social media @CityofMontebello.
The Impact Of Reservations On Open Merit CandidatesVideo game ends ‘collaboration’ with Conor McGregor, which successfully brought a messenger RNA (mRNA)-based COVID-19 vaccine to market, sought twice this past week to reassure investors that it could not only survive but thrive even if Robert F. Kennedy Jr. were to become Secretary of Health and Human Services (HHS) in Donald Trump’s second administration—comments that helped spark a in the company’s stock. At an investor lunch held by Goldman Sachs, and a fireside chat held a few days later by Jefferies, Moderna’s top executives laid out a similar hopeful scenario for why they believe the company will be able to carry out the comeback plans it first announced in September and continue its development of mRNA-based vaccines should Kennedy come to oversee HHS. Moderna CEO Stéphane Bancel and president Stephen Hoge (joined at the event by Lavina Talukdar, the company’s senior vice president and head of investor relations) based their optimism in part on the historic administrative relationship between HHS and its secretaries. “Management highlighted that, according to legislation, the Secretary of the Department of Health and Human Services (HHS) is responsible for managing the department rather than creating policy,” the Moderna leaders asserted, according to a report by Benzinga based on a Morgan Stanley analyst’s account of the lunch. The leaders also reportedly asserted, “It remains uncertain how political appointees might affect the current vaccine regulatory framework, which Moderna believes would require significant effort to alter.” While Kennedy has previously raised concerns about vaccine safety, the concerns focused on vaccines for children; Moderna’s vaccines are not specifically targeted for children. During the luncheon, Bancel and Hoge “expressed strong confidence” in the comeback strategy they laid out for Moderna in September at its annual R&D Day. Moderna committed to stepping up the development of vaccines for cancer and rare diseases, while dialing back investment in infectious disease jabs. Moderna’s strategy jolted investors enough to send shares over the two days following the announcement, to $68.28 on September 13 from $79.51. That’s because the company pushed back by two years, from 2026 to 2028, its plans to break even on an operating cash cost basis—which excludes stock-based compensation, depreciation, and amortization expense—with $6 billion in revenue. Moderna also revealed plans to slash between $1 billion and $1.2 billion in expenses by shrinking its R&D budget by about 20%, from the $4.8 billion it anticipated spending this year to between $3.6 billion and $3.8 billion by 2027. However, last month, Moderna surprised analysts by reporting net income of $13 million (up from a $3.63 billion net loss in Q3 2023) and higher-than-expected sales of its COVID-19 vaccine Spikevax® ($1.8 billion). Yet the unexpected profit wasn’t enough to stave off a drop in Moderna shares. This past week saw better stock news for Moderna, as shares from last week, rising to $41.11 Friday, from $36.85 on November 15. That low (just $1.05 or 3% above the stock’s 52-week low) followed Wolfe Research initiating coverage of Moderna with analyst Alexandria Hammond rating the stock an “Underperform” and setting a 12-month price target of $40. One likely factor in Moderna’s comeback: HSBC analyst Yifeng Liu on November 18 upgraded the firm’s rating on the company’s shares from “Hold” to “Buy.” However, Liu chopped the firm’s price target on Moderna by 29%, from $82 to $58, citing concerns over the company’s comeback plans, according to TipRanks. Despite this week’s relatively good news, Moderna shares are , having closed at $78.17 on November 22, 2023, no small factor in the company mapping out its comeback. But the stock has upside potential, he added, should Moderna deliver on plans to bring 10 pipeline candidates to approvals, up from the current two (SpikeVax and respiratory syncytial virus [RSV] vaccine mRESVIA, the latter approved in May). The 10 include three of Moderna’s five respiratory vaccines with positive Phase III results, which the company expects to submit for approval this year. On Thursday, Jefferies equity analyst Michael J. Yee reported highlights of its fireside chat with unnamed Moderna “management” leaders to investors. Summarizing the event, Yee wrote that the “co[mpany] believes RFK may have caused investor nervousness but unlikely doing anything draconian or removing vaccines.” That belief is based on RFK Jr. asserting in numerous interviews, including , that: “Of course, we’re not going to take vaccines away from anybody,” and, “We are going to make sure that Americans have good information about vaccines and vaccine safety.” Moderna’s view was buttressed by comments made in a separate Jeffries fireside chat with Peter Marks, MD, PhD, director of the FDA’s Center for Biologics Evaluation and Research (CBRE). According to Yee, Marks “doesn’t expect any changes to vaccine approvals + the new admin’s stance has mostly been around vaccine mandates [FDA only weighs in on safety/efficacy].” He expects “add’l AdComm’s [advisory committee meetings on applications for new vaccines] or other pushes for transparency would be an oppt’y to reinforce + shift dialogue towards risk benefit.” In a separate summary elaborating on Marks’ comments, Yee reported: “Dr. Marks stated that ‘he isn’t going anywhere’ and sees it as imp’t [important] that people see constant and consistent leadership—FDA leadership has a long track record of working w/ different admins including the Trump admin[instration].” Marks cited FDA cooperation with Operation Warp Speed initiative, through which Trump’s first administration shepherded development of COVID-19 vaccines through funding of trials and manufacturing. According to a , Operation Warp Speed spent over $18 billion dollars of U.S. public funds on six vaccine candidates, including Moderna’s SpikeVax, the subject of a to manufacture and deliver 100 million doses. “While acknowledging uncertainty and that he can’t fully predict workforce impacts, his belief is that the vast majority at FDA generally have very strong relationships w/ their management and leadership and a commitment to unmet needs and rare diseases which wouldn’t change under a new admin,” Yee added. At HHS, Kennedy would oversee agencies that include the FDA—for which Trump said Friday he plans to nominate Marty Makary, MD, as commissioner—and the U.S. Centers for Disease Control and Prevention (CDC), for which Dave Weldon, MD, a physician and former Republican Congressman from Florida, will be nominated as director. Moderna leaders also told Jefferies that they projected COVID-19 vaccines revenues averaging $2 billion to $3 billion annually, Yee reported, a “durable base biz [business] given vaccination data from the last 2 years in the ‘endemic’ commercial market.” The company reasoned that because COVID-19 vaccines are not now mandated, “people who are opting to receive the jab should con’t [continue] to do so year over year.” Two pioneers in artificial intelligence (AI)-based drug development became one this past week when and Exscientia they said would help them fulfill commitments to deliver first-in-class and best-in-class drug discovery. However, a pair of analysts took a more cautious view of the companies joining forces. Mani Foroohar, MD, of Leerink Partners acknowledged two benefits of the combination deal: It extends Recursion’s cash runway into 2027 and provides the company with additional tools in Exscientia’s pipeline candidates, as well as its precision chemistry tools and capabilities, including its newly commissioned automated small molecule synthesis platform. “We see long-term risks associated with pipeline prioritization and deal execution,” Foroohar cautioned, citing the companies’ plan to generate annual savings through operational “synergies’ of $100 million. Those synergies included job cuts, Najat Khan, PhD, Recursion’s chief R&D officer and chief commercial officer, . The combined workforce has shrunk from about 900 pre-combination to approximately 800. Foroohar also cited Recursion’s delayed timing for several of its pipeline candidates: The company also deprioritized a second program for a fourth candidate, in advanced AXIN1/APC-mutant cancers. The combined company, which assumed the Recursion name and stock ticker (Exscientia’s ticker of NASDAQ: EXAI has ceased trading and has been delisted), is a trans-Atlantic AI powerhouse with a pipeline of more than 10 clinical and preclinical programs, 10 programs in advanced discovery phases, and more than 10 additional programs partnered with biopharmas. Recursion CEO Chris Gibson, PhD, who keeps his position in the combined company, has envisioned growing to . “Investors continue to struggle with the abundance of programs for a company with a heavy cash burn,” Foroohar commented. “In light of this dynamic, we would advocate a more disciplined and focused approach with aggressive headcount and pipeline rationalization.” Investor reaction appeared to reflect the caution voiced by Foroohar. Shares of the newly-combined Recursion the day the combination took effect Thursday, from $6.04 to $5.75, and Friday, to $5.70. In the months leading up to the combination, the stock yo-yoed from $6.84 on August 8, peaking at $7.84 on November 11 before retreating. Foroohar reiterated Leerink’s “Market Perform” rating and $8 price target on Recursion shares. Also staying in place was Needham analyst Gil Blum, PhD, who reiterated his firm’s “Buy” rating and $11 price target. Dennis Ding, equity analyst with Jefferies, wrote in a research note that the company could generate a potential $50 million in cost savings next year alone from shrinking its real estate footprint, reducing its spending on external contract research, and consolidating its late discovery stage pipeline programs. He projected Recursion will offer more information on cost-cutting when it reports fourth quarter 2024 results early in the new year. On the value creation side, however, Ding said Recursion’s stock could see a boost if it reports positive data next month from its lead cancer candidate REC-617 (formerly GTAEXS617), an Exscientia-developed CDK7 inhibitor being developed to treat advanced solid tumors. Recursion expects to report initial monotherapy safety and pharmacokinetic and pharmacodynamic (PK/PD) data from the Phase I portion of the Exscientia-initiated Phase I/II ELUCIDATE trial ( ) on December 9 during the American Association for Cancer Research (AACR) Special Conference, being held in Toronto, and the following day at a webinar. “We think this is the next catalyst for the stock and coming up imminently,” Ding declared. In a September , Exscientia said preclinical models suggested 8-10 hours of IC [in vitro 80% inhibitory] coverage on CDK7 was optimal, while less coverage compromised efficacy and longer coverage could result in signals of safety problems. “The therapeutic window is very narrow for CDK7, and—outside of obvious chemical design choices—RXRX hopes to have a short half-life ~6-8 hours to hit CDK7 hard but not long enough to drive tox[icity],” Ding observed. “It’s imperative they thread the needle on this.”
If U.S. president-elect Donald Trump lives up to his word and imposes a 25 per cent tariff on all imports from Canada, it would have a catastrophic impact on both sides of the border, throw an already-sputtering Canadian economy into a recession, and put the long-term future of the auto industry in this country into question, economists and trade experts say. The two countries’ economies are so intertwined — particularly in the manufacturing and energy sectors — that hitting Canada would also have a heavy impact on the U.S., argued Pedro Antunes, chief economist at the Conference Board of Canada. “This will be devastating for the Canadian economy, and devastating for the U.S. economy as well,” said Antunes. While manufacturers aren’t likely to shut down Canadian production or shift plants to the U.S. immediately, in the longer-term, they’ll likely be taking a hard look at whether they want to risk access to American consumers. “We’re going to see a deterioration of our attractiveness as an investment destination, because a lot of it is based on our access to the American economy,” said Antunes. “I think this could shut down the automotive industry in Canada.” The first impact American consumers would be likely to face is increased prices at the gas pump — particularly in the Midwest, where Canadian crude oil keeps refineries going at full-tilt, said Antunes. “There’d be an almost immediate impact on gasoline prices in the U.S., because they import a lot of Canadian crude. And we know how sensitive consumers in Canada and U.S. are to gasoline prices,” said Antunes. If the tariffs are 25 per cent across the board on all Canadian imports, the Canadian economy would shrink by 2.6 per cent, University of Calgary economist Trevor Tombe estimated. “And that’s just the straight impact of the tariffs, without any of the knock-on effects, or uncertainty, so it’s almost surely an underestimate,” said Tombe. “That’s basically a recession. The typical retraction is about three per cent in a recession.” Earlier this year, Tombe had prepared a tariff impact paper for the Canadian Chamber of Commerce, based on 10 per cent tariffs. After updating the numbers hastily following Trump’s Monday evening announcement on his Truth Social site, he found the potential impact to be even more grim. That 2.6 per cent drop in economic output translates into an annual loss of $78 billion for the Canadian economy, Tombe estimated. Tombe added that the tariffs would cause significant job losses, particularly in the hardest-hit sectors. “No question, there will be job losses. The tariff will result in reduced output in these heavily affected sectors, and with less production, they’re naturally going to lay off workers,” said Tombe. The U.S. market accounted for roughly 75 per cent of Canadian exports, a BMO report from economist Robert Kavcic found, making up about a quarter of Canada’s GDP. Canada sent $173 billion to the U.S. in energy exports alone last year, Kavcic’s report found, and tariffs would mean an immediate impact of higher oil and consumer gas prices in the U.S. The higher prices on goods from Canada flowing into the U.S. could depress demand for them, which could drag down an already shaky Canadian economy, Kavcic added. For the manufacturing sector, the impact of a full 25 per cent tariff would be devastating, warned Dennis Darby, CEO of Canadian Manufacturers and Exporters. While it might not happen in exactly the form Trump has threatened, Darby said Canada can’t afford to take the sabre-rattling lightly. “When the incoming president says he’s going to do that on Day 1, you have to take that as credible,” said Darby. In the auto sector, supply chains are so intertwined across the border that it’s hard to believe Trump would implement tariffs across the board, argued Flavio Volpe, CEO of the Automotive Parts Manufacturers’ Association. “It would be like taking a sledgehammer to his own foot,” said Volpe, who estimated that roughly half of the parts going into Canadian-made cars are sourced from U.S. producers. “We’re so integrated in the automotive industry. So there’s no way to separate the American interests from the Canadian interests here,” said Volpe. While acknowledging that Trump isn’t immune from cutting off his nose to spite his face, his first term in office shows at least some glimmer of hope for rational economic action — at least eventually, Volpe added. “He did put a national security tariff on aluminum from Quebec that U.S. defence interests need. So for a while, he taxed his own military to make a point. But I’ll remind everybody that that was also a short-term point. And that we have leverage,” said Volpe. That leverage, says Volpe, comes from desperately needed Canadian critical minerals and energy resources such as oil and gas. Both of those, said Volpe, would help the U.S. loosen its trade ties with China. “You need independence from the Chinese sphere. And that comes from the resources we have in this country,” said Volpe. “We’ll be inside the tent by the time it’s all said and done, if we put in our best efforts to demonstrate that their best interests extend to this side of the border.” Laura Dawson, executive director of the Future Borders Coalition, doesn’t expect the tariffs to hit across the board. “I feel pretty confident that Canada can negotiate its way out of many of these tariffs because, for example, the U.S. imposing a tariff on Canadian oil and gas will have an immediate effect on U.S. consumers,” Dawson said. “What we know from Trump 1.0 is he does what he says. If he has a plan, he usually acts on it, but he doesn’t act on it with the magnitude that he could.” The worst case could see tit-for-tat retaliatory tariffs, a stalemate and the same politics that led to the Great Depression, Dawson warned. With files from Tonda MacCharles