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Robinson scores 25 in Mercer's 90-89 OT win against JacksonvilleSANTA CLARA, Calif., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the third quarter ended September 30, 2024. “Recently, we launched our Conversational AI SDK in collaboration with OpenAI’s Realtime API to allow developers to bring voice-driven AI experiences to any app. We believe multimodal AI agents that can interact with human through natural voice will gain widespread adoption across many use cases such as customer support, education and wellness, and Agora is well positioned to become a key infrastructure provider for real-time conversational AI,” said Tony Zhao, founder, chairman and CEO of Agora. “To support this vision, we recently made some structural changes, aligning our organization to fully leverage the accelerating conversational AI opportunities, and operate in a faster, leaner, and more responsive fashion. These changes will help us build the next generation real-time engagement technology for the Generative AI era and strengthen our position as the leader in real-time engagement space.” Third Quarter 2024 Highlights Third Quarter 2024 Financial Results Revenues Total revenues were $31.6 million in the third quarter of 2024, a decrease of 9.8% from $35.0 million in the same period last year. Revenues of Agora were $15.7 million in the third quarter of 2024, an increase of 2.6% from $15.3 million in the same period last year, primarily due to our business expansion and usage growth in sectors such as live shopping. Revenues of Shengwang were RMB112.9 million ($15.9 million) in the third quarter of 2024, a decrease of 20.0% from RMB141.2 million ($19.7 million) in the same period last year, primarily due to a decrease in revenues of RMB 17.5 million ($2.4 million) due to the end-of-sale of certain products and reduced usage from customers in certain sectors such as social and entertainment as a result of challenging macroeconomic and regulatory environment. Cost of Revenues Cost of revenues was $10.5 million in the third quarter of 2024, a decrease of 16.4% from $12.6 million in the same period last year, primarily due to the end-of-sale of certain products and the decrease in bandwidth usage and costs, which was offset partially by severance expenses for customer support teams of $0.3 million. Gross Profit and Gross Margin Gross profit was $21.0 million in the third quarter of 2024, a decrease of 6.1% from $22.4 million in the same period last year. Gross margin was 66.7% in the third quarter of 2024, an increase of 2.7% from 64.0% in the same period last year, mainly due to the end-of-sale of certain low-margin products, which was offset partially by higher severance expenses in the third quarter of 2024. Operating Expenses Operating expenses were $45.9 million in the third quarter of 2024, an increase of 24.3% from $36.9 million in the same period last year, primarily due to the increase in restructuring and severance expenses in the third quarter of 2024, which included share-based compensation of $11.4 million as a result of the cancellation of certain employees’ equity awards and immediate recognition of relevant remaining unrecognized compensation expenses, as well as severance expenses of $4.4 million. Loss from Operations Loss from operations was $24.7 million in the third quarter of 2024, compared to $13.9 million in the same period last year. Interest Income Interest income was $3.9 million in the third quarter of 2024, compared to $4.9 million in the same period last year, primarily due to the decrease in the average balance of cash, cash equivalents, bank deposits and financial products issued by banks and the decrease in average interest rate realized. Losses from equity in affiliates Losses from equity in affiliates were $4.2 million in the third quarter of 2024, primarily due to an impairment loss on an investment in certain private company of $4.1 million. Net Loss Net loss was $24.2 million in the third quarter of 2024, compared to $22.5 million in the same period last year. Net Loss per American Depositary Share attributable to ordinary shareholders Net loss per American Depositary Share (“ADS”)1 attributable to ordinary shareholders was $0.26 in the third quarter of 2024, compared to $0.23 in the same period last year. 1 One ADS represents four Class A ordinary shares. Share Repurchase Program During the three months ended September 30, 2024, the Company repurchased approximately 6.8 million of its Class A ordinary shares (equivalent to approximately 1.7 million ADSs) for approximately US$3.9 million under its share repurchase program, representing 1.9% of its US$200 million share repurchase program. As of September 30, 2024, the Company had repurchased approximately 129.4 million of its Class A ordinary shares (equivalent to approximately 32.3 million ADSs) for approximately US$113.7 million under its share repurchase program, representing 57% of its US$200 million share repurchase program. As of September 30, 2024, the Company had 368.3 million ordinary shares (equivalent to approximately 92.1 million ADSs) outstanding, compared to 449.8 million ordinary shares (equivalent to approximately 112.5 million ADSs) outstanding as of January 31, 2022 before the share repurchase program commenced. The current share repurchase program will expire at the end of February 2025. Executive Leadership Update Today the Company announced that Chief Security Officer Roger Hale will be leaving the Company, effective immediately. Mr. Hale has served in this role for the past 2.5 years, during which he made significant contributions to enhancing the Company’s security, compliance, and data protection protocols. Mr. Hale will work closely with senior leadership to ensure a smooth transition of his responsibilities. Moving forward, Patrick Ferriter and Robbin Liu will assume responsibility for security and compliance, reflecting the Company’s commitment to maintaining a strong and effective security framework. Mr. Hale will continue to provide strategic advice as an advisor to the Company. “We are grateful for Roger’s dedication and expertise over the past two and a half years. His leadership has been invaluable in strengthening our security & compliance foundation,” said Tony Zhao, founder, chairman and CEO of Agora. “Security and compliance remain top priorities for Agora, and we will continue to uphold the highest standards to protect our customers and stakeholders.” Financial Outlook Based on currently available information, the Company expects total revenues for the fourth quarter of 2024 to be between $34 million and $36 million, compared to $31.6 million in the third quarter of 2024, and $33.3 million in the fourth quarter of 2023 if revenues from certain end-of-sale low-margin products were excluded. The Company also expects significant improvement in net income / (loss) in the fourth quarter. This outlook reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change. Earnings Call The Company will host a conference call to discuss the financial results at 5 p.m. Pacific Time / 8 p.m. Eastern Time on November 25, 2024. Details for the conference call are as follows: Event title: Agora, Inc. 3Q 2024 Financial Results The call will be available at https://edge.media-server.com/mmc/p/wie28zvr Investors who want to hear the call should log on at least 15 minutes prior to the broadcast. Participants may register for the call with the link below. https://register.vevent.com/register/BIf58a0b6f500c4362b1a8c64f9fa4cea8 Please visit the Company’s investor relations website at https://investor.agora.io on November 25, 2024 to view the earnings release and accompanying slides prior to the conference call. Use of Non-GAAP Financial Measures The Company has provided in this press release financial information that has not been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”). The Company uses these non-GAAP financial measures internally in analyzing its financial results and believe that the use of these non-GAAP financial measures is useful to investors as an additional tool to evaluate ongoing operating results and trends and in comparing its financial results with other companies in its industry, many of which present similar non-GAAP financial measures. Besides free cash flow (as defined below), each of these non-GAAP financial measures represents the corresponding GAAP financial measure before share-based compensation expenses, acquisition related expenses, amortization expenses of acquired intangible assets, income tax related to acquired intangible assets and impairment of goodwill. The Company believes that such non-GAAP financial measures help identify underlying trends in its business that could otherwise be distorted by the effects of such share-based compensation expenses, acquisition related expenses, amortization expenses of acquired intangible assets, income tax related to acquired intangible assets and impairment of goodwill that it includes in its cost of revenues, total operating expenses and net income (loss). The Company believes that all such non-GAAP financial measures also provide useful information about its operating results, enhance the overall understanding of its past performance and future prospects and allow for greater visibility with respect to key metrics used by its management in its financial and operational decision-making. Non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP financial measures and should be read only in conjunction with the Company’s consolidated financial statements prepared in accordance with GAAP. A reconciliation of its historical non-GAAP financial measures to the most directly comparable GAAP measures has been provided in the tables captioned “Reconciliation of GAAP to Non-GAAP Measures” included at the end of this press release, and investors are encouraged to review the reconciliation. Definitions of the Company’s non-GAAP financial measures included in this press release are presented below. Non-GAAP Net Income (Loss) Non-GAAP net income (loss) is defined as net income (loss) adjusted to exclude share-based compensation expenses, acquisition related expenses, amortization expenses of acquired intangible assets, income tax related to acquired intangible assets and impairment of goodwill. Free Cash Flow Free cash flow is defined as net cash provided by operating activities less purchases of property and equipment (excluding the acquisition of land use right and the payment for the headquarters project). The Company considers free cash flow to be a liquidity measure that provides useful information to management and investors regarding net cash provided by operating activities and cash used for investments in property and equipment required to maintain and grow the business. Operating Metrics The Company also uses other operating metrics included in this press release and defined below to assess the performance of its business. Active Customers An active customer at the end of any period is defined as an organization or individual developer from which the Company generated more than $100 of revenue during the preceding 12 months. Customers are counted based on unique customer account identifiers. Generally, one software application uses the same customer account identifier throughout its life cycle while one account may be used for multiple applications. Dollar-Based Net Retention Rate Dollar-Based Net Retention Rate is calculated for a trailing 12-month period by first identifying all customers in the prior 12-month period, and then calculating the quotient from dividing the revenue generated from such customers in the trailing 12-month period by the revenue generated from the same group of customers in the prior 12-month period. As the vast majority of revenue generated from Agora’s customers is denominated in U.S. dollars, while the vast majority of revenue generated from Shengwang’s customers is denominated in Renminbi, Dollar-Based Net Retention Rate is calculated in U.S. dollars for Agora and in Renminbi for Shengwang, which has substantially removed the impact of foreign currency translations. Shengwang excluded the revenues from certain end-of-sale products, Easemob’s CEC business and K12 academic tutoring sector. The Company believes Dollar-Based Net Retention Rate facilitates operating performance comparisons on a period-to-period basis. Safe Harbor Statements This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical or current fact included in this press release are forward-looking statements, including but not limited to statements regarding the Company’s financial outlook, beliefs and expectations. Forward-looking statements include statements containing words such as “expect,” “anticipate,” “believe,” “project,” “will” and similar expressions intended to identify forward-looking statements. Among other things, the Financial Outlook in this announcement contain forward-looking statements. These forward-looking statements are based on the Company’s current expectations and involve risks and uncertainties. The Company’s actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, risks related to the growth of the RTE-PaaS market; the Company’s ability to manage its growth and expand its operations; the continued impact of COVID-19 on global markets and the Company’s business, operations and customers; the Company’s ability to attract new developers and convert them into customers; the Company’s ability to retain existing customers and expand their usage of its platform and products; the Company’s ability to drive popularity of existing use cases and enable new use cases, including through quality enhancements and introduction of new products, features and functionalities; the Company’s fluctuating operating results; competition; the effect of broader technological and market trends on the Company’s business and prospects; general economic conditions and their impact on customer and end-user demand; and other risks and uncertainties included elsewhere in the Company’s filings with the Securities and Exchange Commission (“SEC”), including, without limitation, the final prospectus related to the IPO filed with the SEC on June 26, 2020. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and the Company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date hereof. About Agora, Inc. Agora, Inc. is the Cayman Islands holding company of two independent divisions, under Agora brand and Shengwang brand, respectively, whose businesses are conducted through separate entities. Headquartered in Santa Clara, California, Agora is a pioneer and global leader in Real-Time Engagement Platform-as-a-Service (PaaS), providing developers with simple, flexible, and powerful application programming interfaces, or APIs, to embed real-time voice, video, interactive live-streaming, chat, whiteboard, and artificial intelligence capabilities into their applications. Headquartered in Shanghai, China, Shengwang is a pioneer and leading Real-Time Engagement PaaS provider in the China market. For more information on Agora, please visit: www.agora.io For more information on Shengwang, please visit: www.shengwang.cn Agora, Inc. Condensed Consolidated Balance Sheets (Unaudited, in US$ thousands) Agora, Inc. Condensed Consolidated Statements of Comprehensive Loss (Unaudited, in US$ thousands, except share and per ADS amounts) Agora, Inc. Condensed Consolidated Statements of Cash Flows (Unaudited, in US$ thousands) Agora, Inc. Reconciliation of GAAP to Non-GAAP Measures (Unaudited, in US$ thousands, except share and per ADS amounts) Investor Contact: investor@agora.io Media Contact: press@agora.io

Editor in Chief Dann Sullivan pulls up a pew to discuss the previous year It's been a year of extremes, which we tend to say every year The highs of this year show that the future isn't as bleak as it might seem Well, we're now at the end of the (Gregorian) year, so now's as good a time as any to look back over 2024, which happens to have been one of the most eventful years in the gaming industry's history. I've decided that this year's retrospective should go beyond covering the state of the industry to also include the website and what current trends and moves mean for the future of mobile gaming. If you're looking for something lighter, like a list of our favourite games throughout the year (as, perhaps, teased by the header), then check out our . Back when I started writing about games I did so on a site that myself and a few buddies had launched. It was 2011, and at the time I was still working in retail (GAME, the main video game retailer in the UK). I'd been working there for several years and had always got a kick out of people coming back and sharing their happiness at my recommendations. With the shift to digital (and the joyful spread of indie) as well as more and more independent publishers and media outlets showing up online, my group of pals decided that we'd give it a shot. It's impossible to talk about 2024 without talking about industry layoffs, which surpassed 2023 back at the start of the year and continued at full speed throughout. For a glimpse at the numbers and damage, check out . I've seen sites that I idolised change hands several times before turning to dust, and there's not much left of the earlier generations of independent media either. That said, there's now a renaissance of smaller, independent, fan-funded media popping up - so there's some hope that tastemaker, recommendation-driven and critical media will persist, it's just that it won't be under the same names as before. We've also been blessed with a lot of support from a great sales team, technical team and central operations team - as well as benefited from our amazing Pocket Gamer Connects events and all of the access and fringe events they bring. The site has seen some tweaks too, as many of our regular readers will have noticed. We've had some tweaks made to how and where we write things, which has resulted in tidier URLs and titles as well as the addition of the highlights sections (where I refer to myself in the third person above). Our layout has also changed slightly, making our homepage more of a curated destination. We date back to the magazine days, so why shouldn't we be able to represent that on short notice? Pocket Gamer, through our parent company, Steel Media, has always thrived due to its ability to pivot toward (and invite discussions on) the next big thing. At times that's been Touchscreen, The AppStores, Subscriptions, Battle Passes, Microtransactions, Webstores, XR as well as slightly more controversial recent topics like NFTs, Blockchain and AI. AI has always been a core part of how video games innovate (Intelligence is, of course, in the eye of the beholder and 'pathfinding', 'adaptive programming' and 'procedural generation' are all AI, to gaming's original definition). However, as the world's major search provider (as well as some more questionable entities) attempts to replace the human-written word with generated content it's made things trickier for outlets. AI slop ( ) is making it tougher and tougher, and that's why so many outlets are moving to deliberately making 'more human' content rather than trying to content against both the slop, and the churn of larger guide sites. We're there with them. We saw Apple's privacy sandbox completely shake up how advertising worked (as it turns out, people WILL opt out of sharing data when given the choice), which changed how targeted ads work and shook up the hypercasual landscape. We also had Epic's war on the Duopoly continue, and it broke ground too, with them triggering the EU's lust for regulation and moderation as well as their (pretty respectful in 2024) dislike of monopolies. However, it's increasingly clear that Epic's war to open up the ecosystem is going to cost them (and their Tencent backers) a lot over time, and is going to be years of gruelling, trench-warfare battles. Apple opening up in the EU is a success, but other regional and national governments aren't as particular as the EU. That said, just two weeks back Epic landed a massive goal that only a few outlets covered: (o2, Movistar, Vivo). While it's not Epic's clear ultimate goal - the ability to be freely downloaded and used on all mobile devices, without any restrictions or charges - it does skip that step by having it preinstalled on phones. For us here in the UK, (and subsequently Epic's) sphere of influence to Virgin Media, Vodafone and Three - all major players. While a Telefónica deal doesn't instantly prep paper for that preinstall situation to spread further, it certainly opens doors, and I know we'll see more on that in 2025. A few years on we had Apple and Google's own App Stores. The internet was flourishing and phone technology had rocketed forward - we had full web browsers and easy interfacing with our smartphones. Then came the APK stores, and eventually alternative webstores. However, sideloading aside, we also recently started to see streaming and subscriptions on the rise. In 2025 we'll have titles like Genshin Impact, Zenless Zone Zero and Infinity Nikki out and on the market, all of them having players who freely strafe between mobile and PC. At the same time, games that cut their teeth on mobile - like Clash of Clans and Subway Surfers - are now available on PC through . I played Netease's Badlanders and Lilith's Rise of Kingdoms both on my PC and phone. Next year we'll see Microsoft's store launch after its delay , the giant took , not long before launching their , which posited that everything from phone to PC (anything with a browser) will be able to access the Xbox ecosystem. This happened while Nintendo kept playing with mobile, Sega doubled down into the space (they Rovio) and most major publishers keep expanding into the space. That and, let's not forget, Microsoft now have not only Activision & Blizzard, but King. A lot of this isn't new, of course. We've been talking about big names getting into mobile for years, but people haven't really put their finger on the why. It's not just because mobile is often the battleground for new mechanics and monetisation techniques, but it's because you can scale mobile up to console, to PC and beyond... scaling PC or console down though... that's harder. So, now that everything (Discord, Netflix, Telegram, The New York Times... even LinkedIn) is a platform, and - through Microsoft and friends - is back, and Instant Games are on the rise, and subscriptions are more relevant than ever. Mobile gaming going to change, but it's going to be those inside the ecosystem that are going to be leading it, using these other technologies. If you look at popular 2018 turn-based strategy (and a personal favourite of our COO) Into the Breach you can see the single-screen singularity that we're entering into. You can play it on Switch, you can play it on iOS and Android and you can play it on Xbox, Playstation and PC too. This is facilitated by self-publishing and a string of partnerships, but critically, through casting from your phone, you can play it on everything from your phone to a cinema (or, probably bigger if you have a nice projector). You can, of course, run it natively through one of the other devices. As that little device in your hand gets smarter and more powerful, it's likely to wedge out most other, slower-moving gaming mediums like consoles - although I don't think 2025 is going to be the year for that. I do think that something that we'll be watching closely here at Pocket Gamer is how the Steam Deck encourages 'high tech, big budget' publishers to adopt a generational 'minimum' spec similar to console generations, and what that'll mean for wider adoption of 'mobile' teams and philosophies for 'mainstream' development. Anyway, 2024 is coming to a close and we've had a bumpy year, but the future is looking bright and exciting. Maybe we never left the creative 'wild west' in this industry, and it's time to fully embrace that again, especially here in the wild world of mobile.None

By JILL COLVIN and STEPHEN GROVES WASHINGTON (AP) — After several weeks working mostly behind closed doors, Vice President-elect JD Vance returned to Capitol Hill this week in a new, more visible role: Helping Donald Trump try to get his most contentious Cabinet picks to confirmation in the Senate, where Vance has served for the last two years. Vance arrived at the Capitol on Wednesday with former Rep. Matt Gaetz and spent the morning sitting in on meetings between Trump’s choice for attorney general and key Republicans, including members of the Senate Judiciary Committee. The effort was for naught: Gaetz announced a day later that he was withdrawing his name amid scrutiny over sex trafficking allegations and the reality that he was unlikely to be confirmed. Thursday morning Vance was back, this time accompanying Pete Hegseth, the “Fox & Friends Weekend” host whom Trump has tapped to be the next secretary of defense. Hegseth also has faced allegations of sexual assault that he denies. Vance is expected to accompany other nominees for meetings in coming weeks as he tries to leverage the two years he has spent in the Senate to help push through Trump’s picks. Vice President-elect JD Vance, still a Republican senator from Ohio, walks from a private meeting with President-elect Donald Trump’s nominee to be attorney general, former Rep. Matt Gaetz, R-Fla., at the Capitol in Washington, Wednesday, Nov. 20, 2024. (AP Photo/J. Scott Applewhite) President-elect Donald Trump’s nominee to be attorney general, former Rep. Matt Gaetz, R-Fla., center, and Vice President-elect JD Vance, left, walk out of a meeting with Republican Senate Judiciary Committee members, at the Capitol in Washington, Wednesday, Nov. 20, 2024. (AP Photo/Ben Curtis) FILE – Sen. JD Vance, R-Ohio, departs the chamber at the Capitol in Washington, March 15, 2023. (AP Photo/J. Scott Applewhite, File) FILE – Sen. JD Vance, R-Ohio, center speaks during a Senate Banking Committee hearing on Capitol Hill in Washington, March 7, 2023. (AP Photo/Andrew Harnik, File) FILE – Sen. JD Vance, R-Ohio, right, speaks with Sen. Sherrod Brown, D-Ohio, before testifying at a hearing, March 9, 2023, in Washington. (AP Photo/Kevin Wolf, File) FILE – Sen. JD Vance, R-Ohio, arrives for a classified briefing on China, at the Capitol in Washington, Feb. 15, 2023. (AP Photo/J. Scott Applewhite, File) FILE – Sen. JD Vance, R-Ohio, arrives for a vote on Capitol Hill, Sept. 12, 2023 in Washington. (AP Photo/Mark Schiefelbein, File) FILE – Sen. JD Vance R-Ohio speaks during a news conference on Capitol Hill in Washington, Feb. 6, 2024. (AP Photo/Jose Luis Magana, File) Vice President-elect JD Vance, still a Republican senator from Ohio, walks from a private meeting with President-elect Donald Trump’s nominee to be attorney general, former Rep. Matt Gaetz, R-Fla., at the Capitol in Washington, Wednesday, Nov. 20, 2024. (AP Photo/J. Scott Applewhite) The role of introducing nominees around Capitol Hill is an unusual one for a vice president-elect. Usually the job goes to a former senator who has close relationships on the Hill, or a more junior aide. But this time the role fits Vance, said Marc Short, who served as Trump’s first director of legislative affairs as well as chief of staff to Trump’s first vice president, Mike Pence, who spent more than a decade in Congress and led the former president’s transition ahead of his first term. ”JD probably has a lot of current allies in the Senate and so it makes sense to have him utilized in that capacity,” Short said. Unlike the first Trump transition, which played out before cameras at Trump Tower in New York and at the president-elect’s golf club in Bedminster, New Jersey, this one has largely happened behind closed doors in Palm Beach, Florida. There, a small group of officials and aides meet daily at Trump’s Mar-a-Lago resort to run through possible contenders and interview job candidates. The group includes Elon Musk, the billionaire who has spent so much time at the club that Trump has joked he can’t get rid of him. Vance has been a constant presence, even as he’s kept a lower profile. The Ohio senator has spent much of the last two weeks in Palm Beach, according to people familiar with his plans, playing an active role in the transition, on which he serves as honorary chair. Vance has been staying at a cottage on the property of the gilded club, where rooms are adorned with cherubs, oriental rugs and intricate golden inlays. It’s a world away from the famously hardscrabble upbringing that Vance documented in the memoir that made him famous, “Hillbilly Elegy.” His young children have also joined him at Mar-a-Lago, at times. Vance was photographed in shorts and a polo shirt playing with his kids on the seawall of the property with a large palm frond, a U.S. Secret Service robotic security dog in the distance. On the rare days when he is not in Palm Beach, Vance has been joining the sessions remotely via Zoom. Though he has taken a break from TV interviews after months of constant appearances, Vance has been active in the meetings, which began immediately after the election and include interviews and as well as presentations on candidates’ pluses and minuses. Among those interviewed: Contenders to replace FBI Director Christopher Wray , as Vance wrote in a since-deleted social media post. Defending himself from criticism that he’d missed a Senate vote in which one of President Joe Biden’s judicial nominees was confirmed, Vance wrote that he was meeting at the time “with President Trump to interview multiple positions for our government, including for FBI Director.” “I tend to think it’s more important to get an FBI director who will dismantle the deep state than it is for Republicans to lose a vote 49-46 rather than 49-45,” Vance added on X. “But that’s just me.” While Vance did not come in to the transition with a list of people he wanted to see in specific roles, he and his friend, Trump’s eldest son, Donald Trump Jr., who is also a member of the transition team, were eager to see former Democratic Rep. Tulsi Gabbard and Robert F. Kennedy Jr. find roles in the administration. Trump ended up selecting Gabbard as the next director of national intelligence , a powerful position that sits atop the nation’s spy agencies and acts as the president’s top intelligence adviser. And he chose Kennedy to lead the Department of Health and Human Services , a massive agency that oversees everything from drug and food safety to Medicare and Medicaid. Vance was also a big booster of Tom Homan, the former acting director of Immigration and Customs Enforcement, who will serve as Trump’s “border czar.” In another sign of Vance’s influence, James Braid, a top aide to the senator, is expected to serve as Trump’s legislative affairs director. Allies say it’s too early to discuss what portfolio Vance might take on in the White House. While he gravitates to issues like trade, immigration and tech policy, Vance sees his role as doing whatever Trump needs. Vance was spotted days after the election giving his son’s Boy Scout troop a tour of the Capitol and was there the day of leadership elections. He returned in earnest this week, first with Gaetz — arguably Trump’s most divisive pick — and then Hegseth, who has was been accused of sexually assaulting a woman in 2017, according to an investigative report made public this week. Hegseth told police at the time that the encounter had been consensual and denied any wrongdoing. Vance hosted Hegseth in his Senate office as GOP senators, including those who sit on the Senate Armed Services Committee, filtered in to meet with the nominee for defense secretary. While a president’s nominees usually visit individual senators’ offices, meeting them on their own turf, the freshman senator — who is accompanied everywhere by a large Secret Service detail that makes moving around more unwieldy — instead brought Gaetz to a room in the Capitol on Wednesday and Hegseth to his office on Thursday. Senators came to them. Vance made it to votes Wednesday and Thursday, but missed others on Thursday afternoon. Vance is expected to continue to leverage his relationships in the Senate after Trump takes office. But many Republicans there have longer relationships with Trump himself. Sen. Kevin Cramer, a North Dakota Republican, said that Trump was often the first person to call him back when he was trying to reach high-level White House officials during Trump’s first term. “He has the most active Rolodex of just about anybody I’ve ever known,” Cramer said, adding that Vance would make a good addition. “They’ll divide names up by who has the most persuasion here,” Cramer said, but added, “Whoever his liaison is will not work as hard at it as he will.” Cramer was complimentary of the Ohio senator, saying he was “pleasant” and ” interesting” to be around. ′′He doesn’t have the long relationships,” he said. “But we all like people that have done what we’ve done. I mean, that’s sort of a natural kinship, just probably not as personally tied.” Under the Constitution, Vance will also have a role presiding over the Senate and breaking tie votes. But he’s not likely to be needed for that as often as was Kamala Harris, who broke a record number of ties for Democrats as vice president, since Republicans will have a bigger cushion in the chamber next year. Colvin reported from New York. Associated Press writer Mary Clare Jalonick contributed to this report.Trump asks Supreme Court to delay TikTok ban so he can weigh in after he takes officeGRAND FORKS — Chris Logan won't return as the UND women's soccer coach next season. Logan’s contract won’t be renewed after it expires on Dec. 31, the school announced Monday. ADVERTISEMENT Logan signed a two-year contract extension in November 2022, after the Fighting Hawks won seven games and appeared in the Summit League tournament. But UND has won just one of 16 league games since (1-7-8). The Fighting Hawks were winless in conference play this season (0-4-4) and 4-8-6 overall. UND announced a national search for the next coach will begin immediately. Logan, who took over as head coach in December 2016, went 51-68-24 record in his eight seasons. UND was 21-41-12 in conference play during Logan’s tenure, making the Summit League tournament in 2019 and 2022. He was named the Big Sky Conference Coach of the Year in 2017 as a first-year head coach. Logan led the program in its transition from the Big Sky to the Summit League in the fall of 2018. ADVERTISEMENT Logan was the longest-tenured coach in program history. He replaced Matt Kellogg, who was at the helm for four seasons. Other UND head coaches were Kirsten Gay (five seasons), Brock Thompson (three), Tim Bennett (one), Matt Grandstrand (two), Angela Morrison (one) and Neil Sedgwick (two). During the season, members of the soccer team met with UND President Andy Armacost to voice concerns of equality, and sent an outline of concerns to UND’s Title IX office. "We, the members of the UND women's soccer team, are submitting this formal Title IX complaint to address ongoing gender inequities, as well as the systemic failure of the administration, to support and provide adequate resources to our team," said the letter, which the Herald obtained in October. "We have followed proper channels of communication for several years without significant action being taken to resolve these concerns. Our intention is to outline the key issues that have led to a discriminatory environment and ask for immediate corrective measures." The letter is critical of administrative support, unequal access to facilities at Ralph Engelstad Arena, the condition of Bronson Field, limited access to medical staff and "a general feeling of marginalization." UND spokesman David Dodds said Armacost met with players in early October. According to a UND player in attendance, six UND players met with Armacost in Twamley Hall on Oct. 4. Logan declined to discuss the letter or player concerns with the Herald in October, but referenced the complaint on social media Monday afternoon. “There is a formal investigation into this and I have been a part of the meetings,” Logan wrote on X, formerly Twitter. “I believe the Title IX complaint is pretty blatant, but the university has a President that will work this out for the betterment of the athletes.”The economy of Iran is in free fall after years of war and sanctions have sent the local currency spiralling towards worthlessness - with a staggering 800,000 for every £1. The Islamic Republic, ruled over ruthlessly by the Supreme Leader Ali Khamenei, has attacked Israel directly and indirectly this year, by firing rockets and supporting Hezbollah and Hamas terrorists. Iranian leaders have also supplied President Vladimir Putin 's Russia with deadly Shahed drones, which have been used against civilian targets during the illegal invasion of Ukraine . But recent events have not gone in favour of the Iranian regime, as Israel virtually wiped out Hezbollah and the country's ally President Bashar al-Assad was deposed this month in Syria. Russia too is preoccupied with a huge offensive in eastern Ukraine , as it tries to seize more land before the inauguration of US President-elect Donald Trump . An energy crisis has also gripped the nation this winter, with the regime forced to close schools, universities and government offices because of power outages and blackouts. On the streets of Iran this global turmoil, coupled with ongoing US, UK and EU-backed sanctions, means that even the country's economy minister was forced to admit that the local currency, the rial, had significantly devalued. According to news site Iran Insight, Abdolnasser Hemmati said that the rial should be trading around 73,000 per dollar, but this figure rocketed to a dizzying 780,250 on Monday, December 23. Mr Hemmati said that the official trading figure of 73,000 "assumed normal economic conditions and stable political and security situations". He said: “Given 30% inflation, it is impossible to maintain a stable exchange rate." Euronews reports Iran's Central Bank often floods the market with other currencies in an attempt to improve the exchange rate. In a recent television interview, the Central Bank Governor Mohammad Reza Farzin said that around £175million worth of dollars had been injected into the economy so far.

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NoneTop Congress leaders, including party chief Mallikarjun Kharge and former party chief Rahul Gandhi, marched to the venue of the extended CWC meeting here. The meeting, steeped in historical contexts, began at the same venue where Mahatma Gandhi had assumed the presidency of the party 100 years ago. Advertisement Karnataka Chief Minister Siddaramaiah, Deputy Chief Minister DK Shivakumar, Congress general secretaries Jairam Ramesh and KC Venugopal, among others, attended the“historic” meeting. A controversy has erupted over the alleged misrepresentation of India's map on the posters displayed by the party to commemorate the centenary of the 1924 Congress session, with BJP dubbing it as“vote bank” politics. The Congress has said BJP is severely unnerved and peeved by events to celebrate 100 years of Mahatma Gandhi taking the reins of the grand old party and asked the ruling party at the Centre to stop making petty excuses. Earlier, the Congress said it will re-dedicate itself to protect, preserve and promote Mahatma Gandhi's legacy, which is facing a“systematic assault by the ideological brotherhood that fought him bitterly”. In a bid to get battle-ready for the challenges ahead, the Congress will decide on an action plan for the next year at the CWC meeting. The opposition party has asserted that the“insult” to BR Ambedkar by Home Minister Amit Shah will be taken up for deliberations at Belagavi and that there will be a“strong follow-up” on the issue. In a post on X, party general secretary in-charge communications Ramesh said,“Mahatma Gandhi took over as President of @INCIndia on Dec 26th, 1924 - 100 years ago at what was then called Belgaum, now Belgavi. It was a historic session.” “Today the extended working committee is holding its Nava Satyagraha Baithak at that very same place. It will rededicate itself to protect, preserve, and promote Mahatma Gandhi's legacy - which is under systematic assault by the ideological brotherhood that fought him bitterly, and that attacked the Constitution when it was adopted,” he said. In another post later, Ramesh said the 39th session of the Indian National Congress began 100 years ago on this day at Belagavi with the singing of Vande Mataram by a group of girls from the National School at Dharwad. “An 11-year-old girl then sang the song Udayavagali Namma Cheluva Kannada Nadu (Rise, our lovely Kannada land). This song was specially prepared for the Congress and this occasion marked the first time it was used as the state anthem. This 11-year-old girl went on to become a legend of Hindustani classical music - the melodiously incomparable Gangubai Hangal,” Ramesh informed. Earlier, All India Congress Committee (AICC) general secretary Venugopal said the extended CWC meeting will discuss current political developments in the country and BJP's alleged attack on the Constitution and its architect, Ambedkar. After deliberating on several issues being faced by the country, the Congress will come out with“clear-cut” ideas to address those and counter BJP's alleged attack on the Constitution, Venugopal said. “Today marks the 100th anniversary of Mahatma Gandhi's presidency of the Indian National Congress. It is a proud moment for all Congressmen across the country to commemorate this occasion,” he told reporters. Addressing a press conference on Tuesday along with Venugopal and AICC media and publicity department head Pawan Khera, Ramesh said the extended CWC meeting has been named“Nav Satyagraha Baithak”, which would see two resolutions being passed. On December 27, a“Jai Bapu, Jai Bhim, Jai Samvidhan” rally will be held in Belagavi, Ramesh said. About 200 leaders, including CWC members, permanent invitees, special invitees, the party's central election committee members, Pradesh Congress Committee members, CLP leaders of the state, parliamentary party office-bearers and former party chief ministers are attending the“historic session”. Follow this link to join our WhatsApp group : Join Now Be Part of Quality Journalism Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast. CLICK FOR DETAILS MENAFN26122024000215011059ID1109033645 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.MEXICO CITY , Nov. 26, 2024 /PRNewswire/ -- FIBRA Prologis (BMV: FIBRAPL 14), a leading owner and operator of Class A industrial real estate in Mexico , announces that the settlement of its tender offer and reciprocal subscription for up to 100% of the outstanding Terrafina CBFIs that are not already owned by FIBRA Prologis (the " Offer "), has been completed successfully. The settlement consisted of (i) the acquisition by Fibra Prologis of 100,289,570 Terrafina CBFIs, which together with the CBFIs already owned by Fibra Prologis prior to the Offer, represent 89.88% of the total outstanding Terrafina CBFIs; and (ii) the issuance by Fibra Prologis of 58,167,950 Exchange CBFIs in exchange for the tendered Terrafina CBFIs. The FIBRA Prologis CBFIs offered in the tender offer have not been, nor will be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any state of the United States and may not be offered or sold in the United States absent registration or pursuant to an applicable exemption from the registration requirements under the Securities Act and any applicable state securities laws. PROFILE OF FIBRA PROLOGIS FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico . As of September 30, 2024 , FIBRA Prologis was comprised of 514 logistics and manufacturing facilities in six industrial markets in Mexico totaling 89.5 million square feet (8.3 million square meters) of gross leasable area along with 165 buildings totaling 24.0 million square feet (2.2 million square meters) of non-strategic assets. FORWARD-LOOKING STATEMENTS The statements in this release that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which FIBRA Prologis operates, management's beliefs and assumptions made by management. Such statements involve uncertainties that could significantly impact FIBRA Prologis financial results. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to the Offer, are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust (" FIBRA ") status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments (viii) environmental uncertainties, including risks of natural disasters, and (ix) those additional factors discussed in reports filed with the Mexican National Banking and Securities Commission ( Comisión Nacional Bancaria y de Valores , the " CNBV ") and the Mexican Stock Exchange by FIBRA Prologis under the heading "Risk Factors." FIBRA Prologis undertakes no duty to update any forward-looking statements appearing in this release. Neither the CNBV nor any other authority has approved or disapproved the content of the information of this release, or the accuracy, adequacy or truthfulness of the information contained herein. View original content to download multimedia: https://www.prnewswire.com/news-releases/fibra-prologis-announces-successful-settlement-of-its-tender-offer-for-terrafina-terra-13-302316991.html SOURCE FIBRA Prologis

Tulisa Contostavlos was one of the 2024 campmates in this year’s I’m A Celebrity...Get Me Out Of Here! However, the N-Dubz star has since left the jungle following a public vote but viewers of the show are shocked at her actions since. Before heading into the Australian jungle, celebrities often share pictures of themselves in their camp uniforms and the ITV show also shares videos and images of them while they’re in there which they share to their own personal accounts. However, viewers noticed the lack of Instagram posts about Tulisa’s time in the jungle following her exit. A post shared by I'm a Celebrity... (@imacelebrity) Tulisa’s Instagram shows 'no trace' of I’m A Celeb journey Taking to X, formerly Twitter, fans of the show noticed the singer has deleted her posts about the ITV show and her involvement. After leaving the show, Tulisa would’ve been given her phone back so it’s likely she deleted the posts herself. One viewer said: “Why has Tulisa deleted everything from her socials in relation to #ImACeleb”. 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After public votes, three celebrities have been eliminated from the ITV show so far. Loose Women star Jane Moore was the first to leave while Dean McCullough, a BBC Radio 1 presenter, was the second to be reunited with loved ones. Recommended reading: N-Dubz star Tulisa was the third to leave the jungle and said: “It is tough in there, leaving is still a happy thing.” Speaking about her I'm A Celebrity experience, she added: “I just think you're more grateful for everything, the food you eat, being around the people you love, the home comforts, just makes you very appreciative of life.” Tonight (December 3), another celebrity will leave the jungle. I’m A Celebrity... Get Me Out Of Here! continues nightly at 9pm on ITV1, STV and ITVX.Trump asks Supreme Court to delay TikTok ban so he can weigh in after he takes office President-elect Donald Trump has asked the Supreme Court to pause the potential TikTok ban from going into effect until his administration can pursue a “political resolution” to the issue. Trump's request Friday came as TikTok and the Biden administration filed opposing briefs to the court. Oral arguments are scheduled for Jan. 10 on whether the law, which requires TikTok to divest from its China-based parent company or face a ban, unlawfully restricts speech in violation of the First Amendment. The brief said Trump opposes banning TikTok at this junction and “seeks the ability to resolve the issues at hand through political means once he takes office.” Stock market today: Wall Street slips as the 'Magnificent 7' weighs down the market NEW YORK (AP) — Stocks are closing lower as Wall Street ends a holiday-shortened week on a down note. The S&P 500 fell 1.1% Friday and the Dow Jones Industrial Average lost 333 points, or 0.8%. The Nasdaq composite dropped 1.5%. The “Magnificent 7” stocks weighed on the market, led by declines in Nvidia, Tesla and Microsoft. Even with the loss, the S&P 500 had a modest gain for the week and is still headed for its second consecutive annual gain of more than 20%, the first time that has happened since 1997-1998. The yield on the 10-year Treasury rose to 4.62%. 10 tips from experts to help you change your relationship with money in 2025 NEW YORK (AP) — As the calendar changes to 2025, you might be thinking about how to approach your relationship with money in the new year. Whether you’re saving to move out of your parents’ house or pay off student loan debt, financial resolutions can help you stay motivated. If you’re planning to make financial resolutions for the new year, experts recommend that you start by evaluating the state of your finances in 2024. Then, set specific goals and make sure they’re attainable for your lifestyle. Janet Yellen tells Congress US could hit debt limit in mid-January WASHINGTON (AP) — Treasury Secretary Janet Yellen says her agency will need to start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling, as early as January 14th, in a letter sent to congressional leaders Friday afternoon. The department has taken such action in the past. But once those measures run out the government risks defaulting on its debt unless lawmakers and the president agree to lift the limit on the U.S. government’s ability to borrow. An online debate over foreign workers in tech shows tensions in Trump's political coalition WEST PALM BEACH, Fla. (AP) — An online spat between factions of Donald Trump’s supporters over immigration and the tech industry has thrown internal divisions in the president-elect’s political movement into public display. The argument previews fissures and contradictory views his coalition could bring to the White House. The rift laid bare tensions between the newest flank of Trump’s movement — that is, wealthy members of the tech world who want more highly skilled workers in their industry — and people in Trump’s Make America Great Again base who championed his hardline immigration policies. A 9th telecoms firm has been hit by a massive Chinese espionage campaign, the White House says WASHINGTON (AP) — A top White House official says a ninth U.S. telecoms firm has been confirmed to have been hacked as part of a sprawling Chinese espionage campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans. Administration officials said this month that at least eight telecommunications companies, as well as dozens of nations, had been affected by the Chinese hacking blitz known as Salt Typhoon. But Anne Neuberger, a deputy national security adviser, said Friday that a ninth victim had been identified after the administration released guidance to companies about how to hunt for Chinese culprits in their networks. Most Americans blame insurance profits and denials alongside the killer in UHC CEO death, poll finds WASHINGTON (AP) — Most Americans believe health insurance profits and coverage denials share responsibility for the killing of UnitedHealthcare’s CEO — although not as much as the person who pulled the trigger. So says a new poll from NORC at the University of Chicago. It finds that about 8 in 10 Americans say that the person who committed the killing has “a great deal” or “a moderate amount” of responsibility for the Dec. 4 shooting of Brian Thompson. Still, some see suspect Luigi Mangione as a heroic figure. About 7 in 10 adults say coverage denials or health insurance profits also bear at least “a moderate amount” of responsibility for Thompson’s death. Another jackpot surpasses $1 billion. Is this the new normal? Remember this moment because it probably won’t last: A U.S. lottery jackpot is projected to soar above $1 billion, and that's still a big deal. Friday’s Mega Millions drawing is worth an estimated $1.15 billion. The prize has evoked headlines across the country, despite the nation's top 10 jackpots already having boasted billion-dollar payouts. Jonathan Cohen is the author of the book “For a Dollar and a Dream: State Lotteries in Modern America.” He says he expects jackpots to continue to grow in size. Larger payouts attract more media attention, increase ticket sales and bring in new players. How the stock market defied expectations again this year, by the numbers NEW YORK (AP) — What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. The benchmark index posted its first back-to-back annual gains of more than 20% since 1998. The year featured many familiar winners, such as Big Tech, which got even bigger as their stock prices kept growing. But it wasn’t just Apple, Nvidia and the like. Bitcoin and gold surged and “Roaring Kitty” reappeared to briefly reignite the meme stock craze. Richard Parsons, prominent executive who led Time Warner and Citigroup, dies at 76 NEW YORK (AP) — Richard Parsons, one of corporate America’s most prominent Black executives who held top posts at Time Warner and Citigroup, has died. He was 76. Parsons died Thursday at his Manhattan home. He was diagnosed with multiple myeloma in 2015 and cited “unanticipated complications” from the disease for cutting back on work a few years later. Financial services company Lazard confirmed his death. Parsons was a longtime member of the company's board. His friend Ronald Lauder told The New York Times that the cause of death was cancer. Parsons stepped down Dec. 3 from the boards of Lazard and Lauder’s company, Estée Lauder, citing health reasons. He had been on Estée Lauder’s board for 25 years.

By HALELUYA HADERO, Associated Press President-elect Donald Trump asked the Supreme Court on Friday to pause the potential TikTok ban from going into effect until his administration can pursue a “political resolution” to the issue. The request came as TikTok and the Biden administration filed opposing briefs to the court, in which the company argued the court should strike down a law that could ban the platform by Jan. 19 while the government emphasized its position that the statute is needed to eliminate a national security risk. “President Trump takes no position on the underlying merits of this dispute. Instead, he respectfully requests that the Court consider staying the Act’s deadline for divestment of January 19, 2025, while it considers the merits of this case,” said Trump’s amicus brief, which supported neither party in the case. The filings come ahead of oral arguments scheduled for Jan. 10 on whether the law, which requires TikTok to divest from its China-based parent company or face a ban, unlawfully restricts speech in violation of the First Amendment. Earlier this month, a panel of three federal judges on the U.S. Court of Appeals for the District of Columbia Circuit unanimously upheld the statute , leading TikTok to appeal the case to the Supreme Court. The brief from Trump said he opposes banning TikTok at this junction and “seeks the ability to resolve the issues at hand through political means once he takes office.”

Paylocity director Steven Sarowitz sells $603,704 in stockOTTAWA — NDP Leader Jagmeet Singh says his party will not support a Liberal plan to give Canadians a GST holiday and $250 unless the government expands eligibility for the cheques, saying the rebate leaves out “the most vulnerable.” The Liberals announced a plan last week to cut the federal sales tax on a raft of items like toys and restaurant meals for two months, and to give $250 to more than 18.7 million Canadians in the spring. Speaking after a Canadian Labour Congress event in Ottawa, Singh says he’s open to passing the GST legislation, but the rebate needs to include seniors, students, people who are on disability benefits and those who were not able to work last year. Singh says he initially supported the idea because he thought the rebate cheques would go to anyone who earned under $150,000 last year. But the so-called working Canadians rebate will be sent to those who had an income, leaving out people Singh says need the help. The government intends to include the measures in the fall economic statement, which has not yet been introduced in the House of Commons. The proposed GST holiday would begin in mid-December, lasting for two months. It would remove the GST on prepared foods at grocery stores, some alcoholic drinks, children’s clothes and toys, Christmas trees, restaurant meals, books, video games and physical newspapers. A privilege debate has held up all government business in the House since late September, with the Conservatives pledging to continue a filibuster until the government hands over unredacted documents related to misspending at a green technology fund. The NDP said last week they had agreed to pause the privilege debate in order to pass the legislation to usher in the GST holiday. Singh said Tuesday that unless there are changes to the proposed legislation, he will not support pausing the debate. The Bloc Québécois is also pushing for the rebates to be sent to seniors and retirees. This report by The Canadian Press was first published Nov. 26, 2024. David Baxter, The Canadian Press

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