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BOSTON and ATLANTA, March 31, 2022 /PRNewswire/ -- Inhibikase Therapeutics, Inc. (Nasdaq: IKT) (Inhibikase or Company), a clinical-stage pharmaceutical company developing therapeutics to modify the course of Parkinson's disease and related disorders, today reported financial results for the full year ended December 31, 2021 and highlighted recent developments.
"2021 was an important year for Inhibikase as we advanced our lead program IkT-148009 for Parkinson's disease into the clinic, continued to develop our early-stage pipeline programs and strengthened our balance sheet to support our development efforts well into 2023," commented Dr. Milton H. Werner, President and Chief Executive Officer of Inhibikase. "Just recently, we presented results from our Phase 1 and 1b study of IkT-148009 in patients with mild to moderately advanced Parkinson's disease at the annual AD/PD™ meeting. We believe these data continue to validate the safety and therapeutic potential of IkT-148009. As we look ahead, we hope to share more about our development strategy for this program including the upcoming Phase 2a study at our upcoming virtual KOL investor event on April 20th. Looking to our earlier programs, we are also continuing to advance IkT-148009 in animal models of Multiple Systems Atrophy (MSA), as well as plan to submit our IND application for IkT-001Pro, both in the second quarter. We view 2022 as a year of execution across our pipeline and look forward to providing updates throughout the year as we seek to improve the lives of patients suffering from a devastating neurodegenerative disease."
Recent Developments and Upcoming Milestones:
- Phase 1b clinical trial of IkT-148009: The Phase 1b study is a 3:1 randomized, placebo-controlled dose escalation trial evaluating the safety, tolerability, and pharmacokinetics of seven-day dosing of IkT-148009 at three escalating dose levels. The study is also assessing motor and non-motor function, gut motility, and measures of alpha-synuclein aggregate clearance as exploratory endpoints. In March, the Company presented data from the first cohort at the Alzheimer's & Parkinson's Diseases Conference (AD/PD™). Data demonstrated that the safety and tolerability profile in patients closely matched that of older healthy volunteers. Pharmacokinetics of IkT-148009 in volunteers and subjects was also similar, indicating that IkT-148009 pharmacology is consistent across the patient groups and penetrates the Central Nervous System. The Company expects to complete dosing of the Phase 1b study in the second quarter of 2022 and present full data at a medical meeting later this year.
- Phase 1 dose escalation of IkT-148009 in older and elderly healthy volunteers: Inhibikase continues to evaluate IkT-148009 in older and elderly healthy volunteers as part of the Phase 1 study. The Company has completed dose escalation studies through 325 mg. To date, no clinically significant adverse events have been observed at any dose.
- Phase 2a clinical study for IkT-148009 in patients with Parkinson's Disease: Inhibikase expects to dose the first patient in a Phase 2a study of IkT-148009 in untreated Parkinson's Disease in the second quarter of 2022, subject to agreements with the FDA. The 3:1 randomized, double-blind, twelve-week dosing trial will evaluate the safety and tolerability of three doses of IkT-148009 in up to 120 patients diagnosed with Parkinson's disease who have not yet progressed to the need for symptomatic therapy. The trial will also measure motor and non-motor function inside and outside of the brain as secondary endpoints and evaluate whether treatment with IkT-148009 leads to a reduction or clearance of pathogenic alpha-synuclein aggregates as exploratory endpoints.
- Investigational New Drug application (IND) for IkT-001Pro for stable-phase Chronic Myelogenous Leukemia (CML): IkT-001Pro is the Company's prodrug formulation of Imatinib mesylate, designed as a potentially safer, better tolerated treatment for Imatinib-sensitive cancers such as stable-phase Chronic Myeloid Leukemia (CML). The Company is completing clinical batch manufacturing of pill formulated IkT-001Pro and conducting required stability studies and expects to submit the IND for IkT-001Pro in the second quarter of 2022. The Company expects to commence bioequivalence studies in accordance with the 505(b)(2) regulatory pathway agreements with the FDA.
- Preclinical studies evaluating IkT-148009 in animal models of Multiple System Atrophy (MSA) in preparation for Phase 2 clinical studies: Inhibikase expects to report preclinical data studying IkT-148009 in at least one of two animal models of MSA prior to dosing of MSA patients. The studies are evaluating whether inhibition of the Abelson Tyrosine Kinase, or c-Abl, could have a therapeutic benefit in MSA. The potential role of c-Abl in the disease process was highlighted in the Company's recent publication published in the peer reviewed journal Neurobiology of Disease[1]. Depending on the preclinical results in animal models of MSA and subject to agreement with the FDA and equivalent regulatory bodies in the European Union, Inhibikase may advance IkT-148009 into a Phase 2a clinical study in the third quarter of 2022.
Upcoming Events:
Virtual KOL Investor Event
Date: April 20, 2022
Time: 10:00am ET
Registration Link: https://www.inhibikase.com/investors
Inhibikase's executive leadership team and featured Key Opinion Leaders will host a virtual presentation highlighting the Company's recent clinical progress including a review of the recently reported Phase 1 data for its lead asset, IkT-148009 as well as an overview of the upcoming Phase 2 program. Additional presentations will highlight the current unmet need and competitive landscape in Parkinson's disease.
Full Year 2021 Financial Results
Grant Revenue: Grant revenue was $3.1 million for the year ended December 31, 2021 compared to $0.7 million in the prior year. The increase was driven by increased grant research activity during 2021 compared to 2020. During 2020, the Company's focus was shifted toward advancing its Phase I clinical trials which did not result in grant revenue. The Company utilized its working capital and personnel resources in 2021 to carry on its Phase I clinical trial in addition to its grant research activity.
R&D Expenses: Research and development expenses were $11.4 million for the year ended December 31, 2021 compared to $0.9 million in the year ended December 31, 2020. The increase was primarily due to a full year of increased activity in our Parkinson's disease Phase I clinical trial.
SG&A Expenses: Selling, general and administrative expenses for the year ended December 31, 2021 were $6.5 million compared to $2.6 million for the year ended December 31, 2020. The increase was primarily due to increased liability insurance, legal and accounting fees, board costs, investor relations and consulting fees associated with operating for the first full year as a public company.
Net Loss: Net loss for the year ended December 31, 2021 was $14.8 million, or $0.81 per share, compared to a net loss of $2.8 million, or $0.35 per share in the year ended December 31, 2020.
Cash Position: Cash and cash equivalents were $40.8 million as of December 31, 2021. The Company expects that existing cash and cash equivalents will be sufficient to fund its operating expenses and capital expenditure requirements into the third quarter of 2023.
About Inhibikase (www.inhibikase.com)
Inhibikase Therapeutics, Inc. (Nasdaq: IKT) is a clinical-stage pharmaceutical company developing therapeutics for Parkinson's disease and related disorders. Inhibikase's multi-therapeutic pipeline focuses on neurodegeneration and its lead program IkT-148009, an Abelson Tyrosine Kinase (c-Abl) inhibitor, targets the treatment of Parkinson's disease inside and outside the brain. Its multi-therapeutic pipeline is pursuing Parkinson's-related disorders of the brain and GI tract, orphan indications related to Parkinson's disease such as Multiple System Atrophy, and drug delivery technologies for kinase inhibitors such as IkT-001Pro, a prodrug of the anticancer agent Imatinib that the Company believes will provide a better patient experience with fewer on-dosing side-effects. The Company's RAMP™ medicinal chemistry program has identified a number of follow-on compounds to IkT-148009 to be potentially applied to other cognitive and motor function diseases of the brain. Inhibikase is headquartered in Atlanta, Georgia with offices in Boston, Massachusetts.
Social Media Disclaimer
Investors and others should note that we announce material financial information to our investors using our investor relations website, press releases, SEC filings and public conference calls and webcasts. The Company intends to also use Twitter, Facebook, LinkedIn and YouTube as a means of disclosing information about the Company, its services and other matters and for complying with its disclosure obligations under Regulation FD.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking terminology such as "believes," "expects," "may," "will," "should," "anticipates," "plans," or similar expressions or the negative of these terms and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on Inhibikase's current expectations and assumptions. Such statements are subject to certain risks and uncertainties, which could cause Inhibikase's actual results to differ materially from those anticipated by the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in Inhibikase's filings with the SEC, including its annual report on Form 10-K for the year ended December 31, 2021, including under the caption "Risk Factors." Any forward-looking statement in this release speaks only as of the date of this release. Inhibikase undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.
1 doi: 10.1016/j.nbd.2020.105184
Contacts:
Company Contact:
Milton H. Werner, PhD
President & CEO
678-392-3419
info@inhibikase.com
Investor Relations:
Alex Lobo
SternIR, Inc.
alex.lobo@sternir.com
View original content to download multimedia:
SOURCE Inhibikase Therapeutics, Inc.
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https://www.13abc.com/prnewswire/2022/03/31/inhibikase-therapeutics-reports-full-year-2021-financial-results-highlights-recent-period-activity/
| 2022-04-01T00:19:21Z
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The Warriors are going to try to extend Jordan Poole’s contract this summer.
But unless Golden State comes with Andrew Wiggins money, Poole should decline the deal and bet on himself.
The Warriors have been a mess for a month-and-a-half. They limped into the All-Star Game and have played just as bad since. On Jan. 10, the Warriors were the No. 1 seed in the Western Conference standings at 30-9. With their loss to the Suns Wednesday night — which was treated as a moral victory — the Warriors dropped to the No. 4 seed.
No, there hasn’t been much to cheer for the Dubs as of late, save for Poole, who has been spectacular over his and the Warriors’ last 18 games.
With Steph Curry currently sidelined, Poole has emerged as the Warriors’ top offensive option. The debate over the Michigan Wolverine used to be if he was to be a sixth man or a starter. Now, it’s if he will be an All-Star.
Since the 2022 All-Star Game, Poole is averaging 24 points per game — tied with Curry — on 48 percent shooting from the field and 43 percent shooting from beyond the arc. Add in five assists and four rebounds per game and you have arguably the best non-All-Star in the NBA since the late February break.
The Warriors haven’t won much since the All-Star Game, but don’t blame Poole. He’s proving to be an integral part of the Warriors’ present and future as the team tries to take “parallel paths” of winning now with veterans and developing young talent for the future.
Poole, Jonathan Kuminga, Moses Moody, and, oh yeah, maybe even James Wiseman?
That’s an impressive young core, with Poole being the oldest of the group (by roughly two years) at age 22.
And while Draymond Green bounced back from his poor post-injury play against the Suns Wednesday, we’ve simply seen too many veteran moments from the Warriors’ old, banner-raising guard this season.
Klay Thompson is a different player after two-and-a-half years on the sideline, Green’s return to the court was harrowing and a possible foreshadowing of his decline years, Curry wasn’t able to sustain MVP-caliber play into the new year and is injured, yet again, and Andre Iguodala disappeared for months and has said he’ll retire at the end of the season.
The “parallel paths” make a lot of sense right now and the Warriors need to do whatever they can to maintain Poole as the bridge between the old and new guard.
But that won’t be cheap.
It should be noted that not long ago that bridge was believed to be Wiggins. At 27 years old, he is both an eight-year veteran and a young player.
Wiggins’ All-Star turn at the start of the season was validation for the Warriors and the wing, who was gladly jettisoned by the Timberwolves in the 2019-20 season.
But since that moment of validation — we can pinpoint it as the day Wiggins was named an All-Star in January — his performance has precipitously declined.
There is a good game here and there, no doubt, but Wiggins is averaging 15 points per game on an effective field goal percentage of 45. This, while his defense has declined, too.
Not exactly All-Star numbers.
But Wiggins is, of course, being paid like an All-Star, thanks to the Timberwolves. He’s due $33.6 million next season, the last of his contract.
Highly-paid players rarely enter the final year of a contract without consent. The decision on Wiggins and his future with the Dubs is, effectively, due this summer.
With the team deep in the luxury tax, to the point where a half-billion-dollar payroll isn’t out of the question, how could they keep him around?
Poole has created a clear him-or-me scenario for the Dubs. The flashy guard has played his way into the big bucks and the Warriors will not pay both him and Wiggins next season.
Poole is a restricted free agent at the end of the 2023 season, meaning that any team can make him a contract offer, but the Warriors have the right of refusal.
The San Francisco Chronicle reported in February that the Warriors could try to jump ahead by offering Poole a contract their expert estimated to be in the four-year, $80 million range.
But the only thing outpacing national inflation is the cost of Jordan Poole.
With his recent play, Poole should be commanding Wiggins money from the Warriors in any contract extension talks.
Wiggins’ current contract is worth just shy of $30 million a year.
How the Warriors afford a new, near-max Poole contract and the luxury tax bill that will come with it is a conundrum for President of Basketball Operations Bob Myers to solve, but it likely begins with offloading Wiggins.
And if the Warriors don’t offer that kind of money to Poole?
Well, then the kid should bet on himself. Decline any offer that isn’t nine figures and wager that the semi-open market will bring about the jackpot.
Poole has defied expectations in the best possible way at every turn in his career.
I wouldn’t underestimate — or offer to underpay — him this summer.
©2022 MediaNews Group, Inc. Visit at mercurynews.com. Distributed by Tribune Content Agency, LLC.
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https://www.eagletribune.com/dieter-kurtenbach-jordan-poole-is-due-a-new-contract-he-should-bet-on-himself/article_cb53e445-9985-5476-a175-0a8b10ae783a.html
| 2022-04-01T00:19:22Z
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MINNEAPOLIS (AP) — Jeff Walz has had a lot of success getting players to transfer to Louisville over the last few years, including three starters on his Final Four team this season.
He's not the only coach in the Final Four who has bolstered the roster by using the transfer portal as both South Carolina and UConn have found supplemental players from it.
Still Walz, Dawn Staley and Geno Auriemma think the amount of players looking to change schools is getting out of control.
“I always like to say, ‘The grass is greener on the other side because it’s fertilized with a bunch of bull,’” Louisville coach Jeff Walz said. “I think there are a lot of players that will jump into the portal after one year that don’t really have a good grasp of why they’re doing it.”
Staley likened the portal to Twitter, Instagram or TikTok.
“It’s a big ol’ fad that just keeps continuing,” she said. “Is it out of hand? It absolutely is. I don’t know how you control it. But it’s their way. It’s their way of controlling their own destinies.”
Both Staley and Auriemma noted that there were currently more players seeking to transfer than there were scholarships available across the country.
“You know those 850 people in the portal? Three hundred of them are not going to find a school to go to because they’re going to realize it’s not the school they just left,” Auriemma said.
Despite the reservations, they're still playing along. Emily Engstler (Syracuse), Kianna Smith (California) and Chelsie Hall (Vanderbilt) have been key for Louisville. Engstler and Hall just joined the program this season.
When Engstler was considering the Cardinals, Walz went to Mykasa Robinson to discuss how her role would likely shrink if Engstler were to come and gauge her comfort level.
“She looked at me, and she’s like, ‘I’m tired of guarding her. If we can get her, yes, because she likes to win, and she wants to play with other good players,’” Walz said.
SOUTH CAROLINA SUPPORT
The Gamecocks have led the nation in average attendance for seven straight years, buoyed by a base of more than 10,000 season tickets. Despite the 1,200-mile distance from campus to downtown Minneapolis, there will be plenty of garnet-and-black-clad South Carolina fans voicing their support on Friday night when the Gamecocks take on Louisville.
“They’ve been with us when we weren’t a popular team or we weren’t a whole lot to cheer about,” Staley said. “This is my 14th year being at South Carolina, but the last probably 10, the fans have given us a ride that’s kind of irreplaceable.”
One of the catalysts for the attendance boom was giving fans as much as access to the program as they could, to build relationships and let the locals get to know the players as people.
“You really feel the love in the community,” guard Brea Beal said. “You can go to the store and run into somebody and they’re like, oh my gosh, just freaking out. It’s like a family.”
FOND MEMORY
Walz spent one season at Minnesota on his climb up the coaching ladder, serving as an assistant under current Maryland coach Brenda Frese.
That was 20 years ago, when Hall of Fame finalist Lindsay Whalen was a sophomore for the Gophers on a breakthrough team that reached the Final Four two seasons later. The women's team at that time played in a smaller gym, the Pavilion, next door to Williams Arena where the Minnesota men's team has played since 1928.
A water pipe burst that winter, moving the women's team into the bigger venue. The Gophers were on a roll, and the first game in the building known as “The Barn” was packed to the rafters.
“From that point on, we continued the rest of the season playing in the Barn in front of unbelievable crowds,” Walz said.
___
More AP coverage of March Madness: https://apnews.com/hub/march-madness and https://apnews.com/hub/womens-college-basketball and https://twitter.com/AP_Top25
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https://www.lakecountystar.com/sports/article/Final-Four-coaches-feel-transfer-portal-is-out-17049755.php
| 2022-04-01T00:19:22Z
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After nearly 11 years on the job, Del Graff is no longer Alberta’s child and youth advocate.
In an interview with Global News Thursday, Graff said he felt that after more than a decade in the position and 39 years of public service, it was time to take a break.
As one of his final acts in the job, Graff released a mandatory review of the deaths of 15 Alberta youth between April and September 2021.
Each of the youth who died had been involved with Child Intervention Services.
“Claire was a creative Métis girl who loved to draw. She was a happy young person who was observant and mature for her age,” the review described a 12 year old who died from a suspected drug poisoning.
Along with a description of each circumstance, the review proposed multiple systemic issues.
“The issues we have highlighted over the years are not new and are referenced in a number of reports and presentations to government,” Graff wrote in a summary.
Graff has worked under six different premiers from three different political parties and says all have failed to enact all the change that is needed.
“There has been some level of consistency and things moving forward. We are not where we used to be, but we’re certainly not where we need to be,” he said.
He warned that Alberta will only continue to see more youth die in care, especially from opioids and suicide.
“There’s a suicide prevention plan in this province and we need to see… that fully implemented.”
The public servant said he would prioritize more accountability from governments and wants to see them have to explain how and why they choose whether or not to act on the advocate’s advice.
Alberta Children’s Service’s Minister Rebecca Schulz argued there is already some information available.
“Our response and how we are addressing that is made publicly available on our website,” Schulz said.
“This is a new process that came out of the all party panel on child intervention that we follow to ensure that there is, in fact, accountability and transparency.”
While Graff admits he would like to see more transparency and that he was often frustrated by the pace of progress, he is still confident in the future.
“It’s challenging days, but I can tell you that I I remain optimistic and I remain hopeful,” explained Graff.
“Because I think that Albertans do want the best for children. And I trust and believe in that.”
Terri Pelton, who currently works in the Office of the Child and Youth Advocate, will take over for Graff in April.
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https://globalnews.ca/news/8726769/alberta-child-youth-advocate-criticism-graff/
| 2022-04-01T00:19:23Z
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Rosa Lee Reeder Richardson, 60, died March 25, 2022, in Pine Bluff.
She was born March 1, 1962, in Nashville, the daughter of the late James McGuire Reeder and Mary Louise Copeland Reeder.
She was preceded in death by her husband, Bruce Edward Richardson of Star City, and a son.
Survivors include: four siblings, a sister Merle Elizabeth (Beth) Morgan of Sullivan, No., two brothers, Jimmy and Reggie Reeder of Nashville, and a sister, Alta Louise Upchurch of Wake Village, Texas; and other relatives.
A memorial will be held at a later date.
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https://www.swarkansasnews.com/2022/03/obituary-rosa-lee-reeder-richardson-60-of-pine-bluiff/
| 2022-04-01T00:19:23Z
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When you buy a domain name at Dan.com, you’re automatically covered by our unique Buyer Protection Program. Read more about how we keep you safe on our Trust and Security page.
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https://dan.com/buy-domain/ykxlzxw.com
| 2022-04-01T00:19:23Z
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We use cookies for certain features and to improve your experience. See our Cookie Policy and Privacy Policy to learn more.
By accessing this site, you accept the Terms of Use and Privacy Policy.
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https://www.leafly.com/brands/drip-oils-extracts/products/drip-oils-extracts-cherry-pie-live-resin-cartridge-pax-pod-0-5g-cartridges
| 2022-04-01T00:19:23Z
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Attorney General Bonta Issues Warning to Eviction Lawyers After Receiving Reports That Landlords May Be Filing False Declarations to Evict California Families
Encourages tenants to report potential violations of housing law to housing@doj.ca.gov
OAKLAND — California Attorney General Rob Bonta today announced that he sent warning letters to 91 law firms across the state that represent landlords in eviction cases after being notified that some firms and their clients may have violated the law. The California Department of Justice's Housing Strike Force has received reports that landlords, or the attorneys representing them, may be falsely declaring that tenants have not notified them of a pending emergency rental assistance application in order to push through evictions. COVID-19 emergency tenant protections prohibit landlords from moving forward with eviction proceedings while a tenant’s rental assistance application is pending.
“We have reason to believe that some landlords and their attorneys may be filing false declarations to push hardworking Californians out of their homes,” said Attorney General Bonta. “This is unacceptable, and more importantly, absolutely illegal. California families were already struggling with the high cost of housing before the pandemic, and these past two years have only made things worse. Our Housing Strike Force is investigating these reports, and if necessary, we will take action."
Under the COVID-19 Tenant Relief Act, landlords are not permitted to evict tenants for unpaid rent due to COVID-19 related financial hardship unless (1) government rental assistance has been denied or (2) the landlord certifies that they completed a rental assistance application, 20 days have passed since the application was submitted, and the landlord has not received notice from either the government or the tenant indicating that the tenant has applied for rental assistance. Legislation passed today extends these eviction protections through June for those who have applied for rental assistance by March 31, 2022.
The Housing Strike Force has received reports that some attorneys representing landlords may be filing declarations – or allowing their clients to file declarations — that falsely indicate that the landlord has received no notice that the tenant applied for rental assistance, even when there is clear evidence to the contrary. Likewise, it appears that some attorneys are continuing to prosecute existing eviction actions after learning that the declaration supporting issuance of a court summons was false. The Housing Strike Force received these reports through ongoing outreach to tenant advocacy organizations, including during a series of roundtables hosted across California earlier this month.
Filing false declarations in court violates multiple state laws, as does continuing to prosecute a case after learning that the declaration used to initiate it is false. In the letter, Attorney General Bonta strongly encourages law firms to review the eviction cases they have on file or plan to file to ensure compliance with the law. The Housing Strike Force encourages Californians to send complaints or tips related to housing to housing@doj.ca.gov.
If you are a tenant struggling to pay rent due to COVID-19 related financial hardship, apply for rental assistance today. The deadline to apply is today. Income eligibility limits apply. You must take action to get this assistance.
If you have submitted a rental assistance application, notify your landlord in writing immediately. Save a copy of the email, text, or letter that you send. If you are sued or receive an eviction notice, don't ignore it – get help. Information on legal aid in your area is available at lawhelpca.org.
Attorney General Bonta is committed to addressing the state's housing shortage and affordability crisis and alleviating its effects on California families. In November, Attorney General Bonta announced the creation of a Housing Strike Force within the California Department of Justice and launched a Housing Portal on DOJ’s website with resources and information for California homeowners and tenants. The Housing Strike Force is actively monitoring compliance with state housing laws, and recently sent letters notifying Woodside and Pasadena of violation of SB 9 and Encinitas of violations of state housing laws relating to its rejection of a proposed mixed use development project. Last year, the Housing Strike Force secured a $3.5 million judgment against Wedgewood that resolved allegations that the company was unlawfully evicting tenants from properties purchased at foreclosure sales.
A copy of the letter can be found here.
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https://www.einpresswire.com/article/567172554/attorney-general-bonta-issues-warning-to-eviction-lawyers-after-receiving-reports-that-landlords-may-be-filing-false-declarations-to-evict-california
| 2022-04-01T00:19:23Z
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Quantum charging will cut the charging time of electric vehicles from ten hours to three minutes. Whether it’s photovoltaics or fusion, sooner or later, human civilization must turn to renewable energies. This is deemed inevitable considering the ever-growing energy demands of humanity and the finite nature of fossil fuels. As such, much research has been pursued in order to develop alternative sources of energy, most of which utilize electricity as the main energy carrier. The extensive R&D in renewables has been accompanied by gradual societal changes as the world adopted new products and devices running on renewables. The most striking change as of recently is the rapid adoption of electric vehicles. While they were hardly seen on the roads even 10 years ago, now millions of electric cars are being sold annually. The electric car market is one of the most rapidly growing sectors, and it helped propel Elon Musk to become the wealthiest man in the world.
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https://www.newsbreak.com/news/2556444746876/study-on-dust-migration-law-and-spray-dedusting-technology-in-parallel-double-belt-transportation
| 2022-04-01T00:19:23Z
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These Are The Richest Billionaires In Texas
By Dani Medina
March 31, 2022
Photo: Getty Images
In 2021, 660 billionaires were added to the worldwide roster. Interestingly enough, the United States is home to the most billionaires compared to any other country.
But how many of them live near you? Stacker compiled a list of the richest billionaires in every state. Here's what what they said about it:
The U.S.’s wealthiest billionaires are mostly concentrated within just a couple of industries: finance and investments, and technology. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. In order to determine who the most affluent Americans are, as well as how they reached their billionaire status, Stacker compiled a list of the richest billionaires that are residents of Utah, using data from Forbes. Billionaires are ranked by net worth as of March 31.
There are 63 billionaires in Texas. Here's a look at the top five:
1) Elon Musk
- Net worth: $289.9 billion (#1 wealthiest in the world)
- Residence: Austin, Texas
- Source of wealth: Tesla, SpaceX
2) Alice Walton
- Net worth: $68.1 billion (#18 wealthiest in the world)
- Residence: Fort Worth, Texas
- Source of wealth: Walmart
3) Michael Dell
- Net worth: $56.9 billion (#23 wealthiest in the world)
- Residence: Austin, Texas
- Source of wealth: Dell computers
4) Jerry Jones
- Net worth: $11.3 billion (#187 wealthiest in the world)
- Residence: Dallas, Texas
- Source of wealth: Dallas Cowboys
5) Stanley Kroenke
- Net worth: $10.7 billion (#196 wealthiest in the world)
- Residence: Electra, Texas
- Source of wealth: Sports, real estate
To read Stacker's full report, click here.
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https://www.iheart.com/content/2022-03-31-these-are-the-richest-billionaires-in-texas/
| 2022-04-01T00:19:24Z
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US sends another 500 troops to Europe
Defense Secretary Lloyd Austin over the weekend ordered more U.S. troops and military equipment sent to Europe as Russia presses its attack on Ukraine, a senior defense official said Monday.
Austin ordered roughly 500 additional troops to Poland, Romania and Germany “to respond to the current security environment in light of Russia’s renewed aggression against Ukraine” and to bolster NATO’s eastern flank, the official told reporters.
They stressed President Biden’s assertion that no American troops will be sent to Ukraine and that the additional forces are “enablers” going to NATO allies “to shore up capabilities that are already there.”
As part of the new deployment, KC-135 refueling aircraft will be sent to Greece, though it was unclear how many aircraft would be sent or where they would come from.
Additionally, an air support operation center will be deployed to Poland and Romania, and an ordinance company and a maintenance company will be sent to Germany for “additional logistic support to the 1st Armored Brigade Combat Team, 3rd Infantry Division” already deployed there, the official said.
They could not provide a breakdown of how many troops will go where and would not rule out more forces being sent later.
The U.S. military now has about 100,000 personnel stationed in Europe on either a rotational or a permanent basis as Russia’s violent incursion into Ukraine comes up on its two-week mark.
The Biden administration has emphatically rejected the idea of sending U.S. forces to help Ukraine battle the Kremlin, with the thinking that such a move would set off another world war. But as the violence threatens to spill over into neighboring NATO countries, the U.S. has deployed or repositioned more than 15,000 American soldiers and airmen to Germany, Poland, Romania and Lithuania.
Austin decided to send the extra 500 troops and military equipment after conversations he had with Joint Chiefs of Staff Chairman Gen. Mark Milley and U.S. European Command head Gen. Tod Wolters “that these additional enablers would be useful for the forces that are already forward as well as those that were being repositioned inside Europe,” the official said.
“One of the things that we’ve [talked about] is how important protecting NATO territory is, and that includes NATO airspace,” the official said. “Now that the airspace is contested in Ukraine, again, I think it’s safe to assume that these assets … will prove helpful to our ability to make sure that we’re protecting NATO airspace.”
The Hill has removed its comment section, as there are many other forums for readers to participate in the conversation. We invite you to join the discussion on Facebook and Twitter.
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https://thehill.com/policy/defense/597173-us-sends-another-500-troops-to-europe/
| 2022-04-01T00:19:22Z
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Suspect arrested in connection with murder of ANC ward councillor in KZN | News24
The crime scene the place Thembinkosi Lombo was killed.
A person has been arrested in reference to the homicide of Umvoti Municipality ward councillor Thembinkosi Lombo, 35.
In a press release on Wednesday, police stated the National Task Team, which was established to research political violence and killings in KwaZulu-Natal – arrested the suspect.
READ | ANC ward councillor shot dead in Greytown KZN
Lombo was gunned down on 25 February 2022 within the Greytown CBD. At the time of his dying, he was serving as an ANC councillor for ward 13 within the Umvoti Municipality.
“On Saturday, 26 March 2022, police traced 20-year-old Lalelani Zondi in Jeppestown, Johannesburg.
“The suspect has already appeared earlier than the Greytown Magistrate’s Court on a cost of homicide and can seem once more on Monday, 4 April 2022,” police spokesperson Colonel Athlenda Mathe stated.
The job staff has not dominated out the potential of arresting extra suspects.
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https://thewall.fyi/suspect-arrested-in-connection-with-murder-of-anc-ward-councillor-in-kzn-news24/
| 2022-04-01T00:19:24Z
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Los Angeles-based shoe company hosts virtual auction of limited edition and one-of-a-kind ballet flats to raise awareness with 100% of proceeds supporting Ukrainian people
LOS ANGELES, March 31, 2022 /PRNewswire/ -- Today, Los Angeles-based shoemaker Tieks announced the launch of #TieksForUkraine, a virtual auction and raffle featuring their famed ballet flats, running from March 31 to April 3. In solidarity with the people of Ukraine, 100% of the auction and raffle proceeds will be donated to World Central Kitchen's #ChefsforUkraine initiative, an on the ground organization providing millions of meals 24/7 to families across all eight border crossings including Ukraine, Poland, Romania, Moldova, and Hungary.
For the first time ever, prized past limited editions, beloved bygone styles, and exclusive pairs that have never been sold publicly, including a brand-new, one-of-a-kind style, will be available for bid and raffle throughout the four-day auction. The auction is open to all U.S. residents and available through the Tieks.com website.
Within the first two hours of the auction, thousands of bids have been placed, with styles fetching bids as high as $4,500 (Toscani) and $3,500 (Arabian Night).
Historically, limited-edition Tieks are released on rare occasions like Black Friday and routinely sell out in 24-72 hours, making these releases some of the most coveted designs by the brand. These limited-edition styles have become among the most highly anticipated shoe releases year-round, with fans preparing to do almost anything to get their hands on a pair. Limited release pairs usually retail for significantly more in the secondary markets after they are no longer available from Tieks. However, from March 31-April 3, fans will have a chance to get their hands on a pair while also supporting an incredible cause.
#TieksForUkraine will feature eight total pairs, with seven up for auction and a one-of-a-kind pair for raffle including one limited edition style each of Red Diamond (2017 release), True Love Red (2021 release), Giraffe (2012 release), Toscani, Arabian Night, and Brown and Black Ostrich—two styles that have never been available for sale publicly. All auction styles will start at $100 and be awarded to the highest bidder. Additionally, Mirage, a one-of-a-kind pair in a sparkly sand hue will be available to win via a raffle. Raffle tickets for this style are $1 each with an unlimited purchase amount. As an added bonus, Tieks will also give away $100 Tieks Gift Cards to 10 additional raffle winners.
"I'm humbled that my company and our community are able to support the people of Ukraine through the #TieksForUkraine initiative," Gavrieli said. "In solidarity with the people of Ukraine, who have lost so much and shown immense courage and strength, our community wants to be involved in contributing to the Ukrainian people in a meaningful way." Gavrieli added, "My hope is that through the auction proceeds, World Central Kitchen will be able to provide tens of thousands of meals for Ukrainians braving this unimaginable war."
To learn more and enter, visit here.
About Tieks:
Stylish, comfortable, durable, and foldable, Tieks are the most versatile flats in the world. Tieks is committed to women's empowerment and, through the Gavrieli Foundation, has become the largest individual lender in the world on Kiva, sending over $10,000,000 to women entrepreneurs living in poverty around the world.
View original content to download multimedia:
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https://www.wmbfnews.com/prnewswire/2022/03/31/tieks-launches-virtual-tieksforukraine-auction-raise-funds-ukrainian-refugees/
| 2022-04-01T00:19:25Z
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‘Incorrect’: Minister mistaken on carbon farming endorsement, green group says
By Mike Foley
The Australian Conservation Foundation has rejected a claim made by Energy and Emissions Reduction Minister Angus Taylor that it had “backed away” from its warning about fake credits being issued under a taxpayer-funded scheme for carbon farming.
The designer of the Emissions Reduction Fund’s (ERF) carbon credit scheme, Professor Andrew Macintosh, last week alleged most of the money for carbon farming, such as protecting trees or planting vegetation, was being spent on fake carbon reductions.
The scheme has so far paid out about $1 billion for 100 million carbon credits, which are generated by farmers for protecting forests and replanting vegetation, and sold to polluting companies that want to offset their emissions and reduce their carbon footprint.
Professor Macintosh published studies that said up to 80 per cent of the funds were spent on carbon sequestration that was “devoid of integrity” and represented a “fraud on taxpayers”.
“I believe these criticisms are completely unfounded,” Mr Taylor told a forum hosted by the Carbon Market Institute on Friday.
“It is telling that groups like the ACF (Australian Conservation Foundation) have backed away from this latest round of attacks on the ERF and are no longer promoting the claims that have been refuted by the regulator.”
ACF chief executive Kelly O’Shanassy said on Friday that the organisation stood by its claims and endorsed Professor Macintosh’s findings.
“Any speech given by the Energy Minister that claims otherwise is incorrect,” Ms O’Shanassy said.
“Our own investigation are consistent with Professor Macintosh’s revelations about the scheme’s deep flaws.”
A study released in September by the Australia Institute and Australian Conservation Foundation analysed $300 million of credits issued for protecting forests, known as avoided deforestation. It found land clearing in far-western NSW would have needed to have been at least 750 per cent higher to justify the payments made to farmers not to remove trees.
“We found one in five carbon credits issued by the federal government’s $4.5 billion Emission Reduction Fund do not represent real abatement,” Ms O’Shanassy said.
Mr Taylor also told the forum that new ministerial powers had been created that allow the federal government to block new carbon projects to grow native vegetation on farmland if they are deemed damaging to the regional community.
Mr Taylor and Agriculture Minister David Littleproud issued a joint statement that said native vegetation projects that were either larger than 15 hectares, or occupied more than one third of a farm, required ministerial approval from April 8.
“We don’t want to see entire farms locked up, becoming havens for weeds and feral animals as families leave the land,” Mr Littleproud said.
“I support well planned projects that involve the farmer and manage the land, I hope that there will be many projects that present no risk to community.”
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https://www.brisbanetimes.com.au/politics/federal/incorrect-minister-mistaken-on-carbon-farming-endorsement-green-group-says-20220401-p5a9zj.html?ref=rss&utm_medium=rss&utm_source=rss_feed
| 2022-04-01T00:19:25Z
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Disputed school admissions policy OK’d pending appeal
A federal appeals court has granted a request from a northern Virginia school system to continue using a challenged admissions policy at a highly selective high school while it appeals a ruling that found the policy discriminates against Asian American students.
A three-judge panel of the 4th U.S. Circuit Court of Appeals said in a ruling Thursday that Fairfax County Public Schools can continue to use its new admissions policy at Thomas Jefferson High School for Science and Technology.
U.S. District Judge Claude Hilton rejected the new policy in a February ruling, saying that impermissible “racial balancing” was at its core. Commonly known as “TJ,” the prestigious school near the nation’s capital is often ranked as one of the best public high schools in the country.
Earlier this month, Hilton also rejected a request from the school system to delay the implementation of his ruling. But the 4th Circuit, in a 3-2 ruling, said the school board had met the legal requirements for a suspension of Hilton’s order while its appeal is pending.
The 4th Circuit panel agreed with school officials who argued that because the selection process for the incoming freshman class is well underway, implementing Hilton’s ruling now would throw the process into chaos.
Judge Toby Heytens wrote that he has “grave doubts” about Hilton’s conclusions “regarding both disparate impact and discriminatory purpose” of the new admissions policy.
“In my view, appellant Fairfax County School Board is likely to succeed in its appeal,” Heytens wrote.
In a dissenting opinion, Judge Allison Jones Rushing said putting Hilton’s ruling on hold while the school board appeals his decision is not in the public interest. Jones said any logistical difficulties or inconvenience associated with changing the admissions policy at this late date “simply do not outweigh the infringement of constitutional rights.”
“And everyone — even temporarily frustrated applicants and their families — ultimately benefits from a public-school admissions process not tainted by unconstitutional discrimination,” Rushing wrote.
The case has been closely watched as courts continue to evaluate the role that racial considerations can play when deciding who should be admitted to a particular school. Earlier this year, the U.S. Supreme Court agreed to hear a similar case alleging that Harvard University discriminates against Asian Americans in its admissions process.
Fairfield County Public Schools said the order from the 4th Circuit allows the school board to continue with the current application process to select the Class of 2026 this spring.
“For the 2,500+ students in this application pool, this means the race blind process set out by the School Board in October 2020 will remain in place as an appeal challenging the February court decision plays out,” the board said in a news release.
The parents’ group Coalition for TJ, which filed the lawsuit, said the 4th Circuit judges have made a “grave error” in allowing the school system to continue to use its new admissions process.
“If the judges’ decision stands, we would see Fairfax County Public Schools usher in a second class of students to America’s No. 1 public high school through an unconstitutional race-based admissions process,” the coalition said in a statement.
For decades, Black and Hispanic students have been woefully underrepresented in the student body. After criticism over its lack of diversity, the school board scrapped a standardized test that had been at the heart of the admissions process and opted instead for a process that sets aside slots at each of the county’s middle schools. It also includes “experience factors” like socioeconomic background.
The parents’ group argued in its lawsuit that Asian Americans, who constituted more than 70% of the student body, were unfairly targeted in the new policy.
The school’s current freshman class, which was admitted under the new policy, saw a significantly different racial makeup. Black students increased from 1% to 7%; Hispanic representation increased from 3% to 11%. Asian American representation decreased from 73% to 54%.
The school system has insisted that its new policies are race neutral, and the panel evaluating applicants is not even aware of applicants’ race as it conducts its reviews.
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https://www.sandiegouniontribune.com/news/nation-world/story/2022-03-31/disputed-school-admissions-policy-okd-pending-appeal
| 2022-04-01T00:19:26Z
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Economists have been waiting for Americans to shift from buying goods, like furniture and appliances, toward spending on vacations, restaurant meals and other services as the pandemic fades, betting the transition would take pressure off supply chains and help inflation to moderate.
Rapid wage growth could make that story more complicated. Demand for services is rising just as many employers are struggling to find workers, which could force them to continue raising wages. While positive for workers, that could keep overall inflation brisk as companies try to cover their labor costs, speeding up price increases for services even as they begin to moderate for goods.
Heavy spending on goods during the pandemic has been a driver of the recent inflation burst. Consumers began snapping up physical products a few months after pandemic lockdowns began and have kept on buying. Spending on services also has recovered, but much more slowly. That shift in what people are purchasing has roiled supply chains, which were not built to produce, ship and deliver so many cars, treadmills and washing machines.
Policymakers spent months betting that as the virus waned and consumers resumed more normal shopping patterns, prices of goods would slow their ascent or even fall. That would pull down inflation, which has been running at its fastest pace in 40 years.
But that transition — assuming it happens — may do less to cool inflation than many had hoped. A big chunk of what the government defines as “services” inflation comes from rental housing costs, which often move up alongside wage growth, as households can afford more and bid up the cost of a limited supply of housing units. And when it comes to discretionary services, like salons and gyms, labor is a major cost of production. Rising pay likely means higher prices.
Jason Furman, a Harvard economist who served as a top adviser to President Barack Obama, said the shortage of workers in many service industries means that if demand for services goes up, prices will too. That means a shift in spending back to services will not necessarily result in an overall slowdown in the pace of price increases.
“An awful lot of services are incredibly constrained,” he said. “As we shift back to services, we’ll get more services inflation and less goods inflation, and I don’t think it’s at all obvious that the result of that is less inflation.”
Inflation is running at the fastest pace since 1982, data released Thursday confirmed. Prices climbed 6.4% in the year through February, more than three times the Federal Reserve’s goal of 2% annual increases on average.
Rapid price changes have been spreading beyond goods and into services in recent months. While America has gotten used to thinking about shortages in products — couches are out of stock, shoes are back-ordered — labor shortfalls could mean that services will also end up oversubscribed, allowing providers to charge more.
MaidPro, a home-cleaning firm, has seen a surge in demand from professionals who are spending more time at home. But it is having trouble finding workers to keep up, said Tom Manchester, the company’s president.
“Our demand right now outstrips our supply of being able to service that demand,” he said. “Demand has just continued to be strong — like double-digit strong. And if we could find qualified pros to meet the demand, we’d be even more ahead than we are today.”
Some economists argue that if goods inflation slows, that could still help price gains overall to moderate, even amid rising wages. Prices for products that last a long time rose 11.4% in the year through February — posting the first slight moderation in months, from 11.6% in January. Prices for shorter-lived products like cosmetics and clothing continued to accelerate on an annual basis, climbing 8.6%. Both are still much stronger than services inflation.
“We have in mind a big decline in goods prices,” said Roberto Perli, head of global policy research at the investment bank Piper Sandler. “It would take a lot of increase in service prices to actually offset that.”
Outright declines in goods prices are not guaranteed. Take cars: Rapid price growth in new and used autos was a big driver of inflation last year, and many economists expect those prices to dip in 2022. But Jonathan Smoke, chief economist at Cox Automotive, said continued shortages mean prices for new cars are likely to continue rising, and issues with new car supply could spill over to blunt the expected decline in used car costs.
And services inflation is now also coming in fast. It ran at 4.6% in the year through February, the quickest pace since 1991. If sustained, that is enough to keep inflation above the Federal Reserve’s 2% goal even if product prices stop accelerating.
While goods have taken up a bigger chunk of household budgets in recent months than they did before the pandemic, Americans still spend nearly twice as much on services as on goods overall.
“You don’t need a lot of extra services inflation to make up for your lost goods inflation,” Furman said.
Restaurants, hotels and other discretionary services are not the only places where persistent demand could run up against limited supply, Furman argued. Many nonurgent health care services saw a decline in demand during the pandemic and are now experiencing a rebound amid a shortage of nurses and other skilled workers.
Rent — which is the biggest monthly expense for many families and plays a big role in determining inflation overall — has also been rising at a rapid clip. In cities such as Tampa, Florida; Spokane; and Knoxville, Tennessee, listed rents were up 30% or more in the fall from a year earlier, according to data from Apartment List.
Igor Popov, chief economist at Apartment List, said the breakneck pace of new rent increases is unlikely to repeat itself this year. But many rents will be resetting at higher market rates this spring and summer, he said, adding that they were likely to continue rising as long as wages did the same.
“Rents are partially a function of what people are able and willing to pay,” Popov said.
The Fed’s recent move to raise interest rates — and its planned increases throughout the year — may cool off the housing market, which could eventually affect rents. But in the near term, higher interest rates might make purchasing homes expensive and out of reach for more people. That could temporarily increase rental demand.
Much hinges on what happens next with wages, and that is anyone’s guess.
Laura Rosner-Warburton, an economist at MacroPolicy Perspectives, said wages might be going through something of a “level reset,” where companies have been paying up in light of a newly tight labor market — in some cases, to get on par with wages at Amazon or other big companies — but may not continue to lift pay so much month after month.
That may be what happened in accommodation and restaurants, she said, noting that both saw a surge in wage pressures that has since cooled off.
Nick Bunker, director of economic research for North America at the Indeed Hiring Lab, said conditions remain tight — there are 1.8 job openings for every active job seeker today — but the data suggest that labor shortages are no longer actively worsening, which could at least keep wage growth from accelerating further.
“The labor market is stronger, tighter, hotter than it was before the pandemic, but there are some signs that it is starting to level off,” he said.
It is also possible that higher wages will lure workers back into the job market, helping to offset labor shortages and allowing conditions to settle into a more sustainable path.
But the economy has repeatedly surprised economists and businesses over the past year — typically in ways that have stoked pay and inflation.
Manchester said many maid service executives expected the labor crunch to ease when enhanced unemployment benefits from the federal government ended in September. But while there was some increase in willing workers, there was no sudden flood.
“Everyone is competing for hourly employees,” he said. “We’re competing with the Dunkin’ Donuts, the Home Depots, the Bed Bath & Beyonds — anyone that relies on hourly workers.”
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https://www.seattletimes.com/business/rising-wages-could-complicate-americas-inflation-cool-down/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_business
| 2022-04-01T00:19:26Z
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KUALA LUMPUR, April 1 — A little over two years ago on March 18, 2020, Malaysia closed its borders. Like so many other countries around the world, this national lockdown was an attempt to halt the spread of Covid-19 into the country.
Today, as part of efforts to move to the endemic stage of Covid-19, Malaysia is reopening its borders.
There is plenty of optimism all around that this will help boost the economy and move us towards normalcy; tourists, foreign workers, investors all will hopefully return.
However, not everyone is feeling keen about the decision to reopen the country’s borders. After all, Covid-19 is still very much here with daily cases still in the thousands and deaths in the double digits.
Reports have emerged that many Malaysians are already starting to take Covid-19 SOPs for granted.
On social media, many have confessed to not scanning their MySejahtera status properly when entering an enclosed premise as no one is checking.
They have also admitted to feeling desensitised to the rules, seeing as to how many political leaders, high ranking officials in government and VVIP’s have been found flaunting the SOPs only to be slapped with a fine, repeatedly.
Then there are reports of fake vaccination certificates.
If all this is already happening, what will happen when we start letting everybody (vaccinated and tested albeit) in?
We can only hope that being both vaccinated and boosted will help prevent most Malaysians from being severely ill even if they get infected.
Apart from holidaymakers, one group of tourists who are likely to come to Malaysia in large numbers are medical tourists.
Malaysia is a centre for medical tourism as we have some of the best private medical healthcare in the region.
President of The Association of Private Hospitals Malaysia (APHM) Datuk Dr Kuljit Singh told Malay Mail that in 2019 the Malaysian Healthcare Travel Council reported RM1 billion earnings.
“We will definitely see a surge in medical tourists and I believe most will start making appointments and travel arrangements as soon as possible as we have a sizable clientele in particular with private hospitals in Klang, Penang and Melaka,” he said.
“How soon? We’re not sure but I see a surge from Indonesia as many have been relying solely on medication treatment and will need to come in for their review.
“We are very cost effective compared to other countries, that’s why we get a lot of people coming to Malaysia,” he added.
Malaysia is set to ink a memorandum of understanding (MoU) with Indonesia tomorrow to mark the return of domestic helpers but the price increase for hiring foreign workers has been a cause for concern, highlighted in Parliament many times by Opposition MPs.
The Associated Chinese Chambers of Commerce and Industry of Malaysia has been upbeat on business flourishing once the country moves into the endemic stage.
But its president Datuk Low Kian Chuan notes that for Malaysia’s economy to thrive again, it needs the government to expedite approvals for the intake of foreign workers.
“I hope the government can approve the applications fast. If we open on April 1, please let the workers come in and work straight away,” Low told Malay Mail.
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https://www.malaymail.com/news/malaysia/2022/04/01/as-our-borders-reopen-today-most-malaysians-both-optimistic-and-quietly-cau/2050880
| 2022-04-01T00:19:26Z
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AJ Crimson, a trailblazing beauty entrepreneur and lifestyle influencer has passed away, Geo TV reports.
No cause of death has been given.
Over the course of his remarkable career, Crimson was the go-to beauty expert for melanin-rich artists such as Christina Milian, Brandy, Raven-Symone, Missy Elliot, and many others.
His makeup skills was seen in The Hunger Games and Power and he has also been featured in Vogue, Glamour and Marie Claire.
In 2012, Crimson founded his own cosmetic brand before launching a luxury range in 2013.
In an interview with Hello Beautiful, Crimson spoke about his vision for creating the company.
“My vision for AJ Crimson Beauty was luxury cosmetics with Black women in mind first,” he said. “As a makeup artist, my entire career I gravitated to luxury products for my clientele. Yet there weren’t always products at that level that worked with some of my more melanin-rich clients. I thought it was a shame only drugstore options [were] available, so I knew I had to change that,” he said. “I love beautiful things, people, fashion, architecture. The beauty industry sort of found me; I thought I’d be in politics, public speaking, or artist management, which are all passions of mine [and] have been involved in, but beauty has taken me all over the world in a very interesting way.”.
When news broke of his passing, many took to social media to offer tributes in honor of Crimson.
“I have no words. I won’t for a while, Bresha Webb wrote on Instagram. “ I’ll love you forever AJ. You had so many plans and was one of the most inspiring, sweetest, giving, multi-talented, multi-hyphenated people I’ve known. I’m blessed to have been a part of your journey and I will keep your legacy alive. And wow did you leave a legacy. Praying for your spirit to be lifted up to the heavens and that the angels usher you in with all of the harmony and sweetness that you shared on this earth. Praying for his family and everyone who loved him.”
We extend our prayers and condolences to the family and friends of AJ Crimson.
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https://www.ebony.com/style/beauty/beauty-industry-influencer-aj-crimson-obituary/
| 2022-04-01T00:19:26Z
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Shares of Ventas Inc.
VTR,
-0.99%
slumped 0.99% to $61.76 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
-1.57%
falling 1.57% to 4,530.41 and Dow Jones Industrial Average
DJIA,
-1.56%
falling 1.56% to 34,678.35. This was the stock's second consecutive day of losses. Ventas Inc. closed $2.26 short of its 52-week high ($64.02), which the company achieved on March 29th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Welltower Inc.
WELL,
-1.76%
fell 1.76% to $96.14, Healthpeak Properties Inc.
PEAK,
-1.44%
fell 1.44% to $34.33, and Duke Realty Corp.
DRE,
-1.78%
fell 1.78% to $58.06.true Trading volume (3.4 M) eclipsed its 50-day average volume of 2.7 M.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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https://www.marketwatch.com/story/ventas-inc-stock-outperforms-competitors-despite-losses-on-the-day-01648762046-7220d8c39d31
| 2022-04-01T00:19:26Z
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The worldwide seafood industry is steeling itself for price hikes, supply disruptions and potential job losses as new rounds of economic sanctions on Russia make key species such as cod and crab harder to come by.
The latest round of U.S. attempts to punish Russia for the invasion of Ukraine includes bans on imports of seafood, alcohol and diamonds. The U.S. is also stripping “most favored nation status” from Russia. Nations around the world are taking similar steps.
Russia is one of the largest producers of seafood in the world, and was the fifth-largest producer of wild-caught fish, according to a 2020 report by the Food and Agriculture Organization of the United Nations. Russia is not one of the biggest exporters of seafood to the U.S., but it’s a world leader in exports of cod (the preference for fish and chips in the U.S.). It’s also a major supplier of crabs and Alaska pollock, widely used in fast-food sandwiches and processed products like fish sticks.
The impact is likely to be felt globally, as well as in places with working waterfronts. One of those is Maine, where more than $50 million in seafood products from Russia passed through Portland in 2021, according to federal statistics.
“If you’re getting cod from Russia, it’s going to be a problem,” said Glen Libby, an owner of Port Clyde Fresh Catch, a seafood market in Tenants Harbor, Maine. “That’s quite a mess. We’ll see how it turns out.”
Russia exported more than 28 million pounds (12.7 million kilograms) of cod to the U.S. from Jan. 1, 2020, to Jan. 31, 2022, according to census data.
The European Union and United Kingdom are both deeply dependent on Russian seafood. And prices of seafood are already spiking in Japan, a major seafood consumer that is limiting its trade with Russia.
In the U.K., where fish and chips are a cultural marker, shop owners and consumers alike are bracing for price surges. British fish and chip shops were already facing a squeeze because of soaring energy costs and rising food prices.
Andrew Crook, head of the National Federation of Fish Friers, said earlier this month that — even before the war — he expected a third of Britain’s fish and chip shops to go out of business. If fish prices shoot up even higher, “we are in real dire straits,” he said.
In mid-March, the U.K. slapped a 35% tariff hike on Russian whitefish, including chip-shop staples cod and haddock.
“We’re a massive part of U.K. culture and it would be a shame to see that go,” he told broadcaster ITV.
U.S. consumers are most likely to notice the impact of sanctions via price and availability of fish, said Kanae Tokunaga, who runs the Coastal and Marine Economics Lab at Gulf of Maine Research Institute in Portland.
“Because seafood is a global commodity, even if they are not harvested in Russia, you will notice the price hike,” Tokunaga said.
In the U.S., the dependence on foreign cod stems to the loss of its own once-robust Atlantic cod fishery that cratered in the face of overfishing and environmental changes. U.S. fishermen, based mostly in New England, brought more than 100 million pounds (45.4 million kilograms) of cod to the docks per year in the early 1980s, but the 2020 catch was less than 2 million pounds (900,000 kilograms).
Regulators have tried to save the fishery with management measures such as very low fishing quotas, and many fishermen targeting other East Coast groundfish species such as haddock and flounder now avoid cod altogether.
Seafood processors in Massachusetts are concerned about job losses due to loss of Russian products, Democratic U.S. Sen. Ed Markey, who does support sanctions on Russia, said.
“I have heard from seafood processors in my home state with concerns about potential sudden effects of a new, immediate ban on imports on their workforce, including hundreds of union workers in the seafood processing industry,” he said on the Senate floor in February.
For U.S. producers of seafood staples such as fish and chips, the lack of Russian cod could mean pivoting to other foreign sources, said Walt Golet, a research assistant professor at the University of Maine’s School of Marine Sciences.
“We might be able to bring in more from Norway, a little more from Canadian fisheries,” Golet said. “It really is driven by the price of those imports.”
As an alternative, producers and consumers could try underutilized fish species caught domestically, such as Atlantic pollock and redfish, said Ben Martens, executive director of Maine Coast Fishermen’s Association.
“Maybe this is a time to use haddock or hake or maybe monkfish, something different,” Martens said. “If it’s going to disrupt supply chains it does present an opportunity for other species to fill that void.”
—Patrick Whittle, The Associated Press
RELATED: Marine watchdog urges federal government to crack down on seafood fraud
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https://www.trailtimes.ca/business/seafood-biz-braces-for-losses-of-jobs-fish-due-to-sanctions/
| 2022-04-01T00:19:26Z
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| 2022-04-01T00:19:26Z
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HONOLULU (AP) — A man accused with his wife of trafficking a mother and teenaged girl to Hawaii from Guam pleaded not guilty Thursday.
Kevin Robert pleaded not guilty to labor trafficking charges, according to his attorney, Tim Rakieten. His wife, Pomerrine Robert, pleaded not guilty last week. Kevin Robert's arraignment was postponed then because he requested a Chuukese interpreter.
“I need sufficient time to review the case, and review with him, before I can comment any further,” Rakieten said.
State Public Defender James Tabe, whose office represents Pomerrine Robert, has previously declined to comment.
Police alleged in court documents that when the 15-year-old girl and her mother arrived in Honolulu, the Roberts took away their passports, forced them to work and beat them.
Court documents don't specify the country of the passports.
The girl and her mother lived in the couple's apartment, while the teen enrolled at a high school and the woman got a job at a deli where Pomerrine Robert also worked, the documents said.
The documents said Robert took away the mother’s money, the girl was expected to clean the apartment and Robert beat the girl and mother.
The couple locked the girl in a bedroom for several days and she reported it to a school counselor after she was let out, according to the documents.
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https://www.registercitizen.com/news/article/Husband-pleads-not-guilty-in-Hawaii-Guam-17049732.php
| 2022-04-01T00:19:26Z
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The U.S. military isn’t properly balanced to fight modern conflicts, and lawmakers will be pushing the Pentagon to modernize faster, the chairman of the House Armed Services Committee said Wednesday.
Unmanned systems are an example of a capability that the Department of Defense needs more of, said Rep. Adam Smith, D-Wash.
“We need to … modernize our approach to warfare technology. It’s all about information and survivability now. I mean, tanks are not as useful as they used to be. Drones are a lot more useful. Why do we have more tanks than drones?” he said.
Unmanned aerial systems (UAS) have been one of the most effective tools for Ukrainian forces fighting Russian invaders, Smith noted.
The United States and other NATO countries have been supplying Ukraine with a variety of weapons including anti-aircraft systems, anti-armor missiles and tactical drones. UAS are especially critical, he asserted.
“Above all else, to me what is so crucial is drones because … the destruction being rained down upon those [Ukrainian] cities, it’s being rained down some by standoff weapons, but primarily by artillery. The only way to effectively target artillery right now is through missiles,” Smith said.
The Ukrainians have had success employing the systems, he noted.
“We’ve seen the Russians bogged down,” he said. “That’s because their columns have been attacked and attacked by drones. They’ve been attacked by those missiles.”
He continued: “Drones have the ability to get out there and not be seen. They’re survivable, they won’t get shot down and they can deliver a punch. So those are the systems that we have to get to them … as fast as we can.”
Meanwhile, NATO is sending additional forces to Eastern Europe and plans to beef up its defenses to try to deter Russia from attacking the alliance.
“We’ve got to be smart about how we build them up,” Smith said. “We can’t be fighting the last war. We can’t be fighting the wars of the 20th century.”
The DOD and its allies need to improve the survivability of their forces and how they leverage information, he suggested.
HASC members will be pushing for faster modernization, he noted.
“I’m very frustrated by a number of things. The Pentagon is not innovating as fast as they need to. We’re gonna keep putting pressure on them to try to get that done,” he said.
On Monday, the Biden administration released its fiscal 2023 budget request, which included funding for a variety of drones and other unmanned systems, among other modernization priorities.
The White House is asking for $773 billion for the Pentagon in the next fiscal year, $130.1 billion of which would go toward research, development, test and evaluation accounts — the highest-ever level of RDT&E spending in DOD history, according to the Pentagon. That would be a 9.5% boost in RDT&E spending over the amount enacted for 2022.
The request also included $146 billion requested for military procurement.
Speaking at the conference Wednesday, Rep. Mike Rogers, R-Ala., the top Republican on the HASC, said he and other lawmakers will be pushing to authorize military modernization spending levels well above what the White House requested.
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https://www.fedscoop.com/u-s-military-needs-more-drones-than-tanks-says-hasc-chair-smith/
| 2022-04-01T00:19:27Z
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Innovative program helps identify and address the early warning signs of cancer and chronic disease
TORONTO, ON / ACCESSWIRE / March 31, 2022 / StageZero Life Sciences, Ltd. (TSX:SZLS, Financial)(OTCQB:SZLSF) ("StageZero" or the "Company"), a vertically integrated healthcare company devoted to improving the early detection and management of cancer and other chronic diseases through leading-edge molecular diagnostics and clinical interventions, today announced the launch of the AVRT™ program for patients living in the United Kingdom. AVRT is an innovative physician-led program aimed at proactively identifying and managing the early warning signs of cancer and chronic disease. Today's announcement builds on the availability of the AVRT program in the US, and the Care Oncology Clinic service that is currently available within the UK, Europe, the US, and Canada.
"A staggering 1 in every 2 people born in the UK after 1960 will be diagnosed with cancer during their lifetime, but it is less well known that 40% of these diagnoses are linked to modifiable risk factors and, therefore, may be preventable with the correct lifestyle modifications.1,2 However, people often don't know how to go about starting to make those changes," said Padman Vamadevan, M.D., Clinical Director of Global Product Development at StageZero Life Sciences. "That's where the AVRT program comes into its own: our expert clinicians specialize in identifying and managing the early warning signs of cancer and other chronic diseases. Whether an individual has a strong family history of cancer, diabetes, cardiovascular disease, or another chronic condition, or is simply concerned about their current wellbeing, our physicians work with people one-on-one to help guide them to optimize their health in a proportionate and tolerable manner."
Created by the physicians and scientists who developed the groundbreaking COC Protocol, AVRT employs a similar approach by identifying the inflammatory and metabolic pathways that may increase the risk of developing cancer and chronic disease, and facilitating personalized early interventions to reduce the risk of disease onset or progression. The AVRT program includes:
- Comprehensive digital health evaluations;
- Proprietary panels of blood tests that measure biomarkers of inflammation and metabolic dysfunction;
- In-depth initial consultations with expert clinicians in the field of metabolic health;
- Personalized care plans with actionable insights; and
- Regular physician interval and follow-up appointments to maintain engagement and track progress.
The program is designed to empower users to take control of their health by offering readouts of all their AVRT data, enabling them to track their progress and visualize any benefits of the changes they make in real time, as well as continuous access to curated resources to ensure patients are supported to make consistently positive health choices. The service is available both in person at premises in Harley Street, London, UK, and remotely via telemedicine.
"Launching the AVRT program in the UK continues the momentum started six months ago with the acquisition of Care Oncology and follows on the launch of AVRT in the US this quarter and the expansion of the COC Protocol program for patients with cancer. This program expansion directly contributes to our corporate long-term growth initiatives of broadening, deepening, and expanding our offerings and interaction between the programs," said James Howard-Tripp, Chairman and CEO of StageZero Life Sciences.
To learn more about AVRT, please visit avrtnow.co.uk in the UK and avrtnow.com in the US and Canada.
References
- Cancer Research UK. Data and Statistics. Accessed March 30, 2022. https://www.cancerresearchuk.org/health-professional/data-and-statistics.
- American Institute of Cancer Research. Media Library. Accessed March 30, 2022. https://www.aicr.org/resources/media-library/around-40-of-cancers-can-be-prevented/.
About StageZero Life Sciences, Ltd.
StageZero Life Sciences, Ltd. is a vertically integrated healthcare company dedicated to improving the early detection and management of cancer and other chronic diseases through next-generation diagnostics and unique telehealth programs that provide clinical interventions to assist patients who currently have cancer (COC Protocol) as well as help patients reduce the risk of developing late-stage disease (AVRT™).
The Company's next generation test, Aristotle®, is the first ever mRNA multi-cancer panel for simultaneously screening for multiple cancers from a single sample of blood with high sensitivity and specificity for each cancer. Aristotle® uses mRNA technology to identify the molecular signatures of multiple cancer types and is built on the Company's patented technology platform, the Sentinel Principle. This underlying technology has been validated in more than 9,000 patients and used by more than 100,000 patients in North America.
The Care Oncology Clinic offers a supervised treatment regimen (the COC Protocol) for people diagnosed with cancer of any type or stage. Developed by scientists and oncologists, the COC Protocol is intended for adjunctive administration alongside standard-of-care cancer therapy. It is an individualized therapeutic approach which seeks to simultaneously target multiple metabolic cancer pathways. The aim is to restrict cancer cell energy supply and use, which may make it more difficult overall for cancer cells to survive, grow and adapt to changing conditions in the body. As a result, such cells can potentially become more vulnerable to attack from cell-killing therapies such as radiotherapy and chemotherapy. Its patented COC Protocol incorporates a multifaceted approach, supported by peer-reviewed scientific studies, which highlight the potential of certain treatments to target the specific energy requirements of cancer cells, impacting their ability to grow and multiply.
AVRT is a physician-led telehealth program for identifying and managing the early warning signs of cancer and chronic disease. Our program includes: a comprehensive online health evaluation; blood tests to measure markers of inflammation and metabolism; an in-depth initial physician consultation; regular physician follow-up appointments and interval screening.
Aristotle®, as well as additional cancer diagnostics (ColonSentry®, BreastSentry™, and the Prostate Health Index) are processed at the Company's clinical laboratory, StageZero Life Sciences, Inc., a CAP accredited and CLIA certified high-complexity reference laboratory in Richmond, Virginia. In addition, the Company is also leveraging its specialty in polymerase chain reaction (PCR) testing to provide COVID-19 PCR testing (swab and saliva) and Antibody Testing (blood analysis).
StageZero Life Sciences trades on the Toronto Stock exchange under the symbol SZLS and on the OTCQB under the symbol SZLSF.
Forward-Looking Statements
This press release contains forward-looking statements identified by words such as "expects", "will" and similar expressions, which reflect the Company's current expectations regarding future events. The forward-looking statements involve risks and uncertainties that could cause the Company's actual events to differ materially from those projected herein. Investors should consult the Company's ongoing quarterly filings and annual reports for additional information on risks and uncertainties relating to these forward-looking statements. The reader is cautioned not to rely on these forward-looking statements. The Company disclaims any obligation to update these forward-looking statements, except as required by law.
For further information please contact:
Investor Relations
Rebecca Greco
1-855-420-7140 ext. 1838
[email protected]
SOURCE: StageZero Life Sciences Ltd
View source version on accesswire.com:
https://www.accesswire.com/695573/StageZero-Life-Sciences-Launches-AVRTTM-in-the-UK
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https://www.gurufocus.com/news/1676080/stagezero-life-sciences-launches-avrttm-in-the-uk
| 2022-04-01T00:19:26Z
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After four seasons at Texas, guard Courtney Ramey announced Thursday that he is putting his name in the 2022 NBA Draft.
Ramey also entered the transfer portal “in an effort to explore all of my options.” Ramey has the option to return for a fifth year of NCAA eligibility.
“Longhorn Nation! I want to thank you for welcoming me into the program,” Ramey wrote on social media. “I am forever grateful. I also want to thank the coaches for giving me the opportunity to play. I will always remember the relationships I have formed with my teammates. To my family, I want to thank you for supporting me every step of the way.”
Forever grateful & thankful #Hookem #rameyaaufamily pic.twitter.com/JB6yUW5E2O
— Terrell Ramey (@Rameybasketball) March 31, 2022
Ramey made 32 starts out of 34 total appearances in 2021-22, averaging 9.4 points and 3.5 rebounds per game. His best season at Texas came in 2020-21, when he posted averages of 12.2 points, 3.9 assists and 3.2 boards.
In 128 games (106 starts) for the Longhorns, Ramey averaged 10.0 points, 3.5 rebounds and 2.8 assists per contest, shooting 39.2 percent overall and 36.5 percent from 3-point range.
–Field Level Media
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https://sportsnaut.com/texas-g-courtney-ramey-enters-nba-draft-transfer-portal/
| 2022-04-01T00:19:27Z
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AUSTIN, Texas (AP) _ The winning numbers in Thursday evening's drawing of the Texas Lottery's "All or Nothing Evening" game were:
03-06-12-13-16-17-18-19-20-21-23-24
(three, six, twelve, thirteen, sixteen, seventeen, eighteen, nineteen, twenty, twenty-one, twenty-three, twenty-four)
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https://www.houstonchronicle.com/lottery/article/Winning-numbers-drawn-in-All-or-Nothing-Evening-17049717.php
| 2022-04-01T00:19:27Z
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CIUDAD JUAREZ, Mexico (AP) — More than a dozen migrants excitedly ran out of their dormitory at the Good Samaritan shelter here at the mere mention that the Biden administration may lift a rule that expels people at the border before they can request a chance at humanitarian protection in the United States.
They quizzed a reporter they’d overheard speak of the expected change in a rule that for the past two years has forced asylum seekers to wait at shelters in in Mexican border cities terrorized by organized crime.
At times the wait has seemed interminable. They struggle to find work, worry about debts accumulated to just reach the border and live in fear that they or their children could be snatched by drug cartels preying on the most vulnerable.
Migrants have been expelled more than 1.7 million times from the U.S. under public health powers invoked in March 2020 that are designed to prevent spread of Covid-19. The Biden administration plans to lift Title 42 authority – named for a 1944 public health law – by May 23, according to people familiar with the matter, with an official announcement expected as early as Friday. Near the height of the omicron variant in late January, the U.S. Centers for Disease Control and Prevention had extended the order to this week.
Reaction at migrant shelters in Ciudad Juarez shows the determination of many migrants to settle in the United States as soon as possible.
Most of the 63 people staying at Good Samaritan, across the border from El Paso, Texas, were women and their children from Mexico and Central America. The Rev. Juan Fierro, the shelter’s director, said the vast majority had either been expelled under Title 42 authority or were still waiting to try for asylum.
A group of women said that if Title 42 ended they would run to the bridge at the border to request asylum, because returning to their homes was not an option.
Melida Castro, a 32-year-old from Honduras, has been at the shelter for four months with her children, ages 3 and 8. “There’s nothing more for us to do but wait,” she said, explaining she had fled Honduras after a gang killed her uncle.
“I saw him die in my arms,” she said. Her family crossed the border once and turned themselves over to Border Patrol agents, but they were flown to El Paso and pushed back to Mexico. She said the agents mentioned Title 42, but didn’t explain what it meant.
While word of lifting the asylum limits provided a glimmer of hope, the possibility was also met with suspicion.
Delaying the lifting until late May, when the Biden administration has had more than a year in office to prepare, struck some as a way to buy time until the U.S. government can come up with another obstacle.
“Suddenly they’re going to say, ‘We’re not going to lift it,’” said Victor Sanchez, who fled Honduras with his wife and her three younger siblings. They have been staying at another shelter in Ciudad Juarez for a month.
The nine-bedroom concrete Oscar Romero House shelter clusters around a small courtyard with a pomegranate tree where children play after returning from school. The parents sit on the second floor terrace, fearful to go outside, sharing care of the youngest children and looking across the dusty desert cityscape to the mountains of El Paso less than 10 miles away.
Katherine, Sanchez’s wife, had a baby while in Mexico. “If we have to wait, we wait,” she said. “Now that there are organizations that can help us, we’ll wait for a legal way.”
There have been signs that the Biden administration has been preparing for an expected surge of asylum seekers trying to make their way to the border.
Two weeks ago, U.S. Homeland Security Secretary Alejandro Mayorkas visited Mexico and Costa Rica to discuss managing migration flows. Without providing details, Mayorkas said he had reached a “migration arrangement” with Costa Rica.
In his State of the Union Address this month, President Joe Biden had said, “We’re securing commitments and supporting partners in South and Central America to host more refugees and secure their own borders.”
Both Mexico and Costa Rica are taking in substantial numbers of asylum seekers that in many cases would otherwise try to enter the United States. They could also be critical in trying to control the flow of migrants to the U.S. border.
Last month, Costa Rica started requiring visas for Venezuelans and Cubans, a step toward slowing their migration north. Mexico already required visas of Cubans and added Venezuelans in January.
Still, large numbers of migrants have been reaching the border. The Department of Homeland Security said Tuesday that about 7,100 migrants were coming daily, compared with an average of about 5,900 a day in February and on pace to match or exceed highs from last year, 2019 and other peak periods.
Camilo Cruz, a spokesman with the United Nations International Organization for Migration, said this week that every U.S. move on immigration affects migration flows in the region.
“It moves people, generates hope or some kind of speculation by the traffickers,” Cruz said. “That motivates people to come to try to cross the border.” He said the IOM supports a network of shelters along the border and has worked in recent years to build their capacity.
Immigration advocacy groups applauded the decision, which they universally viewed as long overdue. Like the migrants, some questioned the delay until late May when the Biden administration has had months to prepare.
“A phased wind-down strategy just further proves this was never about public health,” Erin Mazursky, interim director of Families Belong Together, a coalition of groups opposed to Trump-era immigration policies, said in a statement. “This policy was in place for two years too long and the reported decision to extend Title 42 until May 23rd is simply another excuse to expel more people. If the intent is to stop upending people’s lives and hold true to America’s commitment to asylum and due process, the expulsions must end now.”
U.S. Rep. Judy Chu, a Los Angeles-area Democrat, told reporters in a conference call Thursday that administration officials visited congressional offices this week to brief lawmakers and their staffs on plans for accommodating larger numbers of migrants — up to about three times the current flow under one scenario.
The administration is “working very hard at finding a way to process migrants lawfully, humanely and efficiently,” she said.
__
Associated Press writer Elliot Spagat in San Diego contributed to this report.
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https://www.kget.com/news/world-news/migrants-hopeful-suspicious-at-us-reopening-to-asylum/
| 2022-04-01T00:19:27Z
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LOS ANGELES (AP) — Linebacker Bobby Wagner agreed to a five-year deal Thursday to join his hometown Los Angeles Rams.
The Super Bowl champions outmaneuvered several suitors for Wagner, one of the NFL's top inside linebackers after his decade with the Seattle Seahawks. ESPN reported Wagner's deal contains $50 million guaranteed and could be worth up to $65 million.
The Seahawks released the six-time All-Pro anchor of their defense on March 9. Just over three weeks later, Wagner agreed to join Seattle's NFC West rivals, providing the force at inside linebacker that the Rams have lacked for several seasons.
Wagner was born in Los Angeles, and he graduated from high school in suburban Ontario, California.
Wagner joins receiver Allen Robinson as the most prominent offseason additions to the Rams, who have once again proven their adeptness at fitting stars under the salary cap. Los Angeles lost a handful of starters and key contributors to free agency, retirement and a trade over the past month, but also managed to retain two key offensive linemen while adding Wagner and Robinson as veteran playmakers.
Although Wagner plays a markedly different linebacking role, his arrival will assuage some of the Rams' disappointment at losing midseason acquisition Von Miller, who took a slightly higher offer from the Buffalo Bills rather than running it back in Los Angeles.
Wagner has been selected to the past eight consecutive Pro Bowls, and he has racked up 1,383 total tackles — the most by any active player. He set a career high last season with 170 tackles for struggling Seattle.
The only active player with more first-team All-Pro selections than Wagner is Aaron Donald, Wagner’s new teammate.
Wagner was released by the rebuilding Seahawks because he would have cost them $20.6 million against the salary cap this year in the final season of his contract. He also turns 32 in June.
But Wagner had no shortage of teams eager to pick him up after his departure from Seattle. The Baltimore Ravens were the most prominent among the other teams who avidly pursued Wagner in free agency, but the Rams closed the deal a week after Wagner visited the team's training complex in Thousand Oaks.
Wagner should step in immediately to help a defense that has put together two outstanding years despite lacking a versatile, hard-hitting linebacker in the middle of its scheme. A linebacker hasn't led the Rams in tackles since 2019, when Cory Littleton parlayed his breakout play into a free-agent deal with the Raiders.
The Rams largely used unsung Troy Reeder and rookie Ernest Jones as inside linebackers last season. While both are respectable tacklers, the relative weakness of the duo's pass coverage skills was obvious to opponents with the patience to throw the ball regularly to the middle of the field.
Jones, whose late-season improvements were interrupted by injury, is likely to be alongside Wagner in the middle of LA's 3-4 scheme under defensive coordinator Raheem Morris this fall.
Rams general manager Les Snead has admired Wagner since the linebacker's college career at Utah State. Snead still regrets passing on Wagner in the 2012 draft when he elected to trade back for more picks rather than selecting a player he knew would be a star.
Snead no longer makes that mistake in drafts, calling it his “Bobby Wagner Rule.”
The Rams' offseason business also included a new contract for quarterback Matthew Stafford, and the team has confirmed it is working on a new deal for Donald.
Los Angeles hopes to re-sign midseason acquisition Odell Beckham Jr., but the receiver's upcoming lengthy recovery from knee surgery complicates any deal.
More AP NFL: https://apnews.com/hub/NFL and https://twitter.com/AP_NFL
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https://www.eagletribune.com/homecoming-lb-bobby-wagner-agrees-to-5-year-deal-with-rams/article_3c56512b-63f8-535f-9afe-c77b32bbb318.html
| 2022-04-01T00:19:28Z
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NEW ORLEANS (AP) — NCAA President Mark Emmert said investigations into allegations of major violations against several high-profile men's college basketball programs — including 2022 Final Four participant Kansas — have taken “way too long.”
What solutions might be on the table to speed it up, Emmert did not say, but there appears to be increasing acknowledgement that the current process is broken.
“It’s just been really slow in getting through that new independent process that’s wound up reinvestigating the entire case,” Emmert said, referring to the Independent Accountability Resolution Process (IARP).
The IARP was created out of proposals from the commission led by former U.S. Secretary of State Condoleezza Rice in 2018 to reform the sport. It began looking into allegations against Kansas, Arizona, LSU, Louisville and North Carolina State on the heels of a federal investigation into corruption in college sports that resulted in convictions of shoe company executives, a middle man who worked with them and some assistant college coaches.
Of those FBI cases nearly five years ago, only one -- North Carolina State, tied to its recruitment of one-and-done star Dennis Smith Jr. -- has actually gone through the IARP system to completion and received a ruling that resulted in probation for one year, some vacated victories and penalties for previous coaches.
The four other cases are still pending in the IARP structure, while Auburn went through the more traditional process and received four years of probation in December from an NCAA infractions committee panel.
In the meantime, this year's NCAA Tournament could be tainted should Kansas win the national championship and subsequently have an unfavorable decision come down in a now half-decade-old investigation.
Created to handle complex cases, the IARP includes independent investigators and decision-makers with no direct ties to NCAA member schools, and rulings cannot be appealed.
Emmert said NCAA institutions need to come up with a process that has “got to be fair. It’s got to be swift. And it’s got to not punish the innocent. ... That’s where the membership’s got to be in all of this, as they shape a new process or rebuild the one that’s in place.”
The Kansas case hinges on whether Adidas representatives were considered boosters — the school contends they were not — when two of them arranged payments to prospective recruits. Kansas does not dispute the payments. Kansas asked for referral to the IARP instead of having the NCAA's infractions committee handle the matter.
While the lengthy IARP process has been going on, Self agreed to a new contract on April 2, 2021, that will keep him with the school until he retires.
The five-year deal adds one additional year after the conclusion of each season — in effect, making it a lifetime contract. It guarantees him $5.41 million per year with a base salary of $225,000, professional services contract of $2.75 million and an annual $2.435 million retention bonus.
The contact also includes a clause that says the school cannot terminate him for cause “due to any current infractions matter that involves conduct that occurred on or prior to” the signing of the new contract. Instead, he would forfeit half of his base salary and professional services pay while serving any Big 12 or NCAA suspension.
Emmert declined to weigh on on Kansas' decision to double down on Self.
“I’ll leave it to the school to make decisions about their coaches’ contracts,” said Emmert, who also spoke at the women's Final Four on Wednesday. “That’s their business, obviously. They can do that as they see fit.”
The infractions process has also come up with the Division I Transformation Committee, which is working to recommend ways to modernize and reform NCAA governance and regulatory policies.
Southeastern Conference Commissioner Greg Sankey, who chairs the committee along with Ohio athletics director Julie Cromer, said the group is looking at both the overall infractions process and the IARP structure as part of its work.
“I don’t know fully what was envisioned and what wasn’t envisioned,” said Sankey, who has served on the NCAA infractions committee. “But we have to have timely outcomes, both for those accused and for those competing against those who are accused. That has to be a point of emphasis.”
Later, Sankey added: “I was on an implementation working group, and I disagreed with elements of the approach. So I think some of these problems were foreseeable. We have an opportunity to correct and enhance the process. That doesn’t mean everybody will like the process.”
Among other topics Emmert addressed:
NATIONAL NIL RULES
Emmert offered an urgent plea to Congress to craft what he said was needed, uniform national legislation governing financial endorsements for athletes know known as name, image and likeness (NIL) deals.
“This tournament’s put on full display the beauty of college sport,” Emmert said. "People love it and enjoy it, and we’ve got to work with the schools and with Congress to make sure we can continue that.
“We’ve got again a relatively short window of time — in my estimate, one and two years,” Emmert continued. “These decisions have to be made because of the dynamics that are underway right now that are far beyond the control of schools, coaches, (athletic directors) or presidents.”
Currently, more than 30 states have been working on their own NIL laws.
TRANSGENDER LEGISLATION
With a number of states considering or passing legislation restricting participation of transgender athletes, Emmert was asked whether the NCAA would bar those states from hosting championship events.
The NCAA has largely followed the Olympic model that allows transgender athletes to compete if they've had certain biomedical treatments, including hormone therapies, meant to promote fairness.
Emmert said the NCAA currently requires communities which wish to host events “to explain how it is that they’re going to make sure that the participants in that sport will be allowed to do that in a nondiscriminatory way. ... If they can do that, then we’ll be in those states."
TRANFER RULES
Emmert said the current transfer rules continue to draw a lot of scrutiny and complaints from coaches and could be adjusted over time.
“The only thing that I can say right now is that it’s clear that students are getting more opportunities to play. They’re getting more freedom of movement in some respects,” Emmert said.
But he added that officials are keeping an eye on how the rules affect “students being able to finish their degrees in a timely fashion and go on and lead productive lives, because we know how few of them will be professional basketball players. It’s a constant point of discussion. I don’t anticipate it going away too soon.”
___
AP Sports Writers Aaron Beard, Dave Skretta and John Marshall contributed to this report.
___
More AP college basketball: http://apnews.com/Collegebasketball and https://twitter.com/AP_Top25
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https://www.lakecountystar.com/sports/article/NCAA-president-decries-pace-of-basketball-17049726.php
| 2022-04-01T00:19:28Z
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New Brunswick Premier Blaine Higgs says his province has emerged from the pandemic stronger than ever and is ready to build on its successes.
That was the premier’s message Thursday night as he delivered his annual state of the province address to a business audience in Fredericton and on community television across New Brunswick. Higgs said the province’s economy is recovering faster than expected.
“Last week, the Bank of Montreal recognized our strong population growth and our speedy vaccine rollout that helped us weather the pandemic,” he said.
“Scotiabank said we have a concrete plan to cautiously boost spending while maintaining balance. And the Royal Bank said that New Brunswick has plenty of success to build on. We certainly do.”
Higgs said private investment is up and expected to exceed $4 billion this year. The premier highlighted numerous companies that are either setting up or expanding in New Brunswick and creating jobs. Among them, he said, Walmart is spending $56 million on a new facility in Moncton that will create 200 jobs.
The population is also on the rise, recently topping 800,000 residents.
“In the last calendar year, we welcomed more than 8,400 newcomers from other countries,” Higgs said. “Our teams have exceeded all immigration targets, including for skilled trades, francophone newcomers and international student nominations.”
He said in order to build on that momentum, the province will launch a new immigration service to assist employers and newcomers.
The premier said the recent spring budget includes more spending on health care, education and environmental protection. He said changes in health care have resulted in shorter wait times for surgeries, adding that funding has been allocated to hire more nurse practitioners and other professionals.
He also promoted tax changes included in last week’s provincial budget, such as a 50 per cent provincial property tax rate reduction for apartment buildings and other rental properties. And Higgs mentioned his government’s one-year cap on rent increases.
The $11.3-billion budget projected a slim surplus of $35 million for 2022-23.
Higgs said that during the pandemic, many New Brunswickers rediscovered the province. The government’s Explore NB Travel Incentive Program was very successful, generating more than $20 million in spending across the province, he said.
Higgs said a new tourism campaign will be launched next week to get New Brunswickers to encourage friends and family to visit the province.
“We need you to help extend the invitation to those near and far,” the premier said. “We know when people experience everything that we have to offer, they’ll want to stay longer. Maybe even a lifetime.”
This report by The Canadian Press was first published March 31, 2022.
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https://globalnews.ca/news/8726807/new-brunswick-premier-blaine-higs-state-of-the-province/
| 2022-04-01T00:19:29Z
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Home values drop in Melbourne and Sydney as buyer demand eases
By Rachel Clun
Home values fell in Sydney and Melbourne in March amid signs the Australian property market is slowing, with sales down by a third in those cities after strong growth over the past year.
Listings are higher in Melbourne and Sydney, according to Corelogic, but there is less stock on the market in Brisbane, Adelaide and regional Australia suggesting selling conditions remain strong across large parts of Australia.
Data from Corelogic’s home value index showed the value of houses and apartments rose 2.4 per cent in the first quarter of the year, less than half the 5.8 per cent increase in the same quarter last year.
The fall comes off the back of the strongest yearly growth in home prices as prices jumped nearly 28 per cent in the 12 months to December, according to data released earlier this year by the Australian Bureau of Statistics.
CoreLogic research director Tim Lawless said nearly all capital cities and major state regions passed the peak rate of growth at some point earlier this year or last year, and the annual growth trend will fall sharply in the coming months.
“The sharpest slowdown has been in Sydney, where housing prices are the most unaffordable, advertised supply is trending higher and sales activity is down over the year.”
In Sydney home values fell 0.2 per cent in March, taking home price growth over the quarter to 0.3 per cent. The median value of homes in Sydney is $1.1 million. It’s the largest fall in the rate of growth, which peaked at 9.3 per cent in the three months to May 2021.
Melbourne home prices fell by 0.1 per cent in the month taking quarterly growth to 0.1 per cent – far below the peak growth rate of 5.8 per cent in the three months to April 2021. The median value of Melbourne dwellings is now $805,232.
Sales volumes are also down compared to the same time last year – 14.3 per cent lower compared to the March 2021 quarter – but remain higher than the five-year average.
“Nationally, the volume of housing sales is coming off record highs but there is some diversity across the capital cities in these figures as well,” Mr Lawless said.
“Our estimate of sales activity through the March quarter is 39 per cent lower than a year ago in Sydney and 27 per cent lower in Melbourne, while stronger markets like Brisbane and Adelaide have recorded a rise in sales over the same period.”
There were higher levels of stock in both Melbourne and Sydney compared to the previous five-year average, due to a higher than average increase in listings and a drop in buyer demand. Auction clearance rates have also softened in Sydney, Melbourne and Brisbane.
“With higher inventory levels and less competition, buyers are gradually moving back into the driver’s seat. That means more time to deliberate on their purchase decisions and negotiate on price,” Mr Lawless said.
Higher supply and affordability issues mean home prices may continue to fall, Mr Lawless said, but a stronger economy and low unemployment rate, plus new incentives for first home buyers announced in the budget on Tuesday will offset a major drop in price.
correction
This article has been updated to correct the fact it was not the first time home values have fallen since September 2020.
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https://www.brisbanetimes.com.au/property/news/home-prices-drop-in-melbourne-and-sydney-as-buyer-demand-eases-20220401-p5a9yo.html?ref=rss&utm_medium=rss&utm_source=rss_feed
| 2022-04-01T00:19:29Z
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RA'ANANA, Israel, March 31, 2022 /PRNewswire/ -- Inspira Technologies OXY B.H.N. Ltd. (Nasdaq: IINN) (Nasdaq: IINNW), has released its financial results for 2021 by posting an update on its Investor Relations website. Please click here to view the CEO update.
About Inspira Technologies OXY B.H.N. Ltd.
Inspira Technologies is an innovative medical device company in the respiratory care industry. Inspira is developing the ART system, a cost effective early extracorporeal respiratory support system with an intent to function as an "Artificial Lung" for deteriorating respiratory patients. The ART is designed to utilize a hemo-protective flow approach aimed to rebalance saturation levels while patients are awake and spontaneously breathing, potentially minimizing the patient's need for invasive mechanical ventilation. The Company's product has not yet been tested or used in humans and has not been approved by the U.S. Food and Drug Administration (FDA) or the CE or other required regulatory agencies.
Investor Relations Contact:
Miri Segal, MS-IR LLC
+917-607-8654
msegal@ms-ir.com, info@inspirao2.com
SOURCE Inspira Technologies
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https://www.13abc.com/prnewswire/2022/03/31/inspira-technologies-releases-q4-amp-fy2021-financial-results/
| 2022-04-01T00:19:28Z
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When you buy a domain name at Dan.com, you’re automatically covered by our unique Buyer Protection Program. Read more about how we keep you safe on our Trust and Security page.
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https://dan.com/buy-domain/yl102.com
| 2022-04-01T00:19:30Z
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H.E.R., the Grammy award-winning artist, has joined forces with The Drop by Amazon on an elevated loungewear line. The collab consists of oversized swagged-out hoodies, cultural slogan T-shirts, and relaxed-fit sweatpants in black, sandstorm and fatigue green; and takes its inspiration from her Filipino background, Brooklyn, NY and the Bay area culture where she grew up.
“There are two places that really made me who I am—my hometown of Vallejo, California, and Brooklyn, New York where I’ve spent a lot of time. I’m also half Filipino, and I wanted to include something that represented my culture,” said the R&B star of her loungewear’s style influence. “These places all really contributed to my growth as an artist and as a woman, and it was important for me to represent all of them in my collection”
The Drop from Amazon Fashion is an engaging shopping experience that gives customers access to limited-edition collections and collaborations from influencers and brands from around the world, and is available exclusively for Amazon customers.
The collection is available on amazon.com, with pieces retailing up to $100.
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https://www.ebony.com/style/h-e-r-just-launched-a-loungewear-collection-with-amazon/
| 2022-04-01T00:19:30Z
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Share
An improved version of the iconic Stinger missile could be fielded in the next year or two, the Army’s top officer told FedScoop.
The man-portable Stinger anti-aircraft system gained fame during the 1980s when U.S.-backed fighters used them to great effect against Soviet forces that had invaded Afghanistan. The weapons are back in the news as the Ukrainian military uses them to shoot down and deter Russian aircraft during the ongoing conflict in Ukraine.
The White House on March 16 authorized a new security assistance package for Ukraine that included 800 additional Stingers, among other weapons.
“What we want to do is give them what they need to defend themselves, and then we have to replenish those stocks so we’re ready for any type of future conflict,” Army Chief of Staff Gen. James McConville told reporters Thursday at a Defense Writers Group meeting.
“Our intent is to replenish those stocks,” he said. “We think we could do that” but “it takes a little time,” he added.
Separately, the Department of Defense is funding R&D to upgrade the weapon.
“That’s actually not to replenish [the stockpile], that’s to improve” the capability, McConville said.
Money for the effort was included in the fiscal 2023 budget request, McConville said, without specifying how much.
The Biden administration released its fiscal blueprint Monday but many details about Pentagon spending plans were lacking, including for the Stinger.
McConville did not provide details about how the improved variant will be superior to the ones that have been supplied to Ukraine.
The upgraded system isn’t quite ready for prime time.
“It’s gonna be probably about, you know, a year, year and a half” before it’s ready to be fielded, he later told FedScoop.
An immediate priority is replenishing the existing stocks of Stingers as well as Javelin anti-tank weapons, Assistant Secretary of the Army for Acquisition, Logistics and Technology Douglas Bush told lawmakers during a House Armed Services subcommittee hearing Thursday.
The service plans to use some of the $3.5 billion that Congress provided in the recently passed fiscal 2022 omnibus bill to replenish U.S. stocks of weapons that DOD has transferred to Ukraine.
“We already have that money. Congress will very soon get the first of several responses showing how we intend to use that funding. It’ll be specifically the Stinger [and] Javelin. So that is imminent,” Bush said.
He declined to say in an open hearing how low U.S. stockpiles of weapons and ammunition have been drawn down to aid Ukraine, noting that information is classified.
“In some cases, what we provided is a tiny amount of our overall stocks. In other areas, it’s a more significant amount,” he said, adding that some inventory levels are more concerning than others.
Meanwhile, the Army is pondering replacing the Stinger with a next-generation system at some point in the future.
“We have a current requirement for the current weapon, which … is a classic design but still effective,” Bush told lawmakers. “We need to get Stinger back in production to replenish what we’ve sent and also to support likely allies requesting more weapons … but also look to start — once the Army decides — a research and development effort to look at a potential new missile with perhaps greater range.”
He continued: “That process in the Army is still underway to determine what the requirements would be for that, but I expect us to do both.”
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https://www.fedscoop.com/upgraded-stinger-missile-could-be-fielded-in-the-next-year-or-two-army-chief-says%EF%BF%BC/
| 2022-04-01T00:19:30Z
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DETROIT (AP) _ The winning numbers in Thursday evening's drawing of the Michigan Lottery's "Daily 3" game were:
8-2-1
(eight, two, one)
DETROIT (AP) _ The winning numbers in Thursday evening's drawing of the Michigan Lottery's "Daily 3" game were:
8-2-1
(eight, two, one)
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https://www.houstonchronicle.com/lottery/article/Winning-numbers-drawn-in-Daily-3-game-17049786.php
| 2022-04-01T00:19:30Z
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https://www.leafly.com/brands/drip-oils-extracts/products/drip-oils-extracts-cherry-pie-pax-sauce-pod-cartridge-0-5g-cartridges
| 2022-04-01T00:19:29Z
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These Are The Richest Billionaires In Utah
By Dani Medina
March 31, 2022
Photo: Getty Images
In 2021, 660 billionaires were added to the worldwide roster. Interestingly enough, the United States is home to the most billionaires compared to any other country.
But how many of them live near you? Stacker compiled a list of the richest billionaires in every state. Here's what what they said about it:
The U.S.’s wealthiest billionaires are mostly concentrated within just a couple of industries: finance and investments, and technology. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. In order to determine who the most affluent Americans are, as well as how they reached their billionaire status, Stacker compiled a list of the richest billionaires that are residents of Utah, using data from Forbes. Billionaires are ranked by net worth as of March 31.
Here's a look at the six billionaires in Utah:
1) Matthew Prince
- Net worth: $4.5 billion (#669 wealthiest in the world)
- Residence: Park City, Utah
- Source of wealth: Cybersecurity
2) Gail Miller
- Net worth: $3.2 billion (#959 wealthiest in the world)
- Residence: Salt Lake City, Utah
- Source of wealth: Car dealerships
3) Scott Watterson
- Net worth: $1.6 billion (#1,849 wealthiest in the world)
- Residence: Logan, Utah
- Source of wealth: Fitness equipment
4) Ryan Smith
- Net worth: $1.6 billion (#1,855 wealthiest in the world)
- Residence: Provo, Utah
- Source of wealth: Cloud computing
5) Jared Smith
- Net worth: $1.4 billion (#2,093 wealthiest in the world)
- Residence: Provo, Utah
- Source of wealth: Cloud computing
6) Scott Smith
- Net worth: $1.0 billion (#2,475 wealthiest in the world)
- Residence: Provo, Utah
- Source of wealth: Cloud computing
To read Stacker's full report, click here.
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https://www.iheart.com/content/2022-03-31-these-are-the-richest-billionaires-in-utah/
| 2022-04-01T00:19:30Z
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Given its central role in utilizing light energy, photoinduced electron transfer (PET) from an excited molecule has been widely studied1,2,3,4,5,6. However, even though microscopic photocurrent measurement methods7,8,9,10,11 have made it possible to correlate the efficiency of the process with local features, spatial resolution has been insufficient to resolve it at the molecular level. Recent work has, however, shown that single molecules can be efficiently excited and probed when combining a scanning tunnelling microscope (STM) with localized plasmon fields driven by a tunable laser12,13. Here we use that approach to directly visualize with atomic-scale resolution the photocurrent channels through the molecular orbitals of a single free-base phthalocyanine (FBPc) molecule, by detecting electrons from its first excited state tunnelling through the STM tip. We find that the direction and the spatial distribution of the photocurrent depend sensitively on the bias voltage, and detect counter-flowing photocurrent channels even at a voltage where the averaged photocurrent is near zero. Moreover, we see evidence of competition between PET and photoluminescence12, and find that we can control whether the excited molecule primarily relaxes through PET or photoluminescence by positioning the STM tip with three-dimensional, atomic precision. These observations suggest that specific photocurrent channels can be promoted or suppressed by tuning the coupling to excited-state molecular orbitals, and thus provide new perspectives for improving energy-conversion efficiencies by atomic-scale electronic and geometric engineering of molecular interfaces.
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https://www.newsbreak.com/news/2556444778404/controlling-of-lattice-strains-for-crack-free-and-strong-ferroelectric-barium-titanate-films-by-post-thermal-treatment
| 2022-04-01T00:19:30Z
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Tata IPL 2022 KKR vs PBKS Live Streaming: Kolkata Knight Riders vs Punjab Kings Live Coverage, venue, date, timing – Firstcricket News, Firstpost
Kolkata Knight Riders vs Punjab Kings reside rating streaming, IPL 2022: Kolkata Knight Riders will sq. off towards Punjab Kings within the fifteenth season of the Indian Premier League. This fixture will happen on the Wankhede Stadium in Mumbai the place the pitch on provide has been helping the short bowlers in addition to the stroke makers.
KKR come into this match after a nervy three-wicket loss towards Royal Challengers Bangalore. However, Shreyas Iyer and the crew shall be satisfied with the truth that regardless of posting a below-par whole, they stretched the match to the final over. The batters now must show some kind of understanding of the situations on provide and take dangers accordingly.
On the opposite hand, Punjab Kings began their marketing campaign with an exhilarating win after they chased down 205 towards Royal Challengers Bangalore within the first match. They have arguably probably the most highly effective batting order and it confirmed in that first match. However, captain Mayank Agarwal could be wanting extra from his bowlers and the inclusion of Kagiso Rabada ought to give the aspect a large shot within the arm.
When will the Kolkata Knight Riders and Punjab Kings match be performed?
The KKR vs PBKS IPL 2022 match will happen on 1 April.
Where will the Kolkata Knight Riders and Punjab Kings match be held?
The KKR vs PBKS IPL 2022 match shall be held at Wankhede Stadium, Mumbai.
What time will the Kolkata Knight Riders and Punjab Kings match begin?
The KKR vs PBKS IPL 2022 match will start from 7:30 pm onwards. The toss shall be performed at 7 pm on the identical day.
Where are you able to watch KKR vs PBKS IPL 2022 match on TV and on-line?
The KKR vs PBKS IPL 2022 match shall be broadcast reside on Star Sports Network channels — Star Sports 1 HD, Star Sports Select 1, Star Sports Select 1 HD (Dugout) and Star Sports 1. The KKR vs PBKS match will even be streamed reside on Disney+ Hotstar.
You may observe firstpost.com to take a look at the reside scores and commentary of the KKR vs PBKS IPL 2022 match.
Complete Squads:
Kolkata Knight Riders: Abhijeet Tomar, Ajinkya Rahane, Baba Indrajith, Nitish Rana, Pratham Singh, Aaron Finch, Rinku Singh, Shreyas Iyer (c), Ashok Sharma, Pat Cummins, Rasikh Dar, Shivam Mavi, Tim Southee, Umesh Yadav, Varun Chakaravarthy, Aman Khan, Andre Russell, Anukul Roy, Chamika Karunaratne, Mohammed Nabi, Ramesh Kumar, Sunil Narine, Venkatesh Iyer, Sam Billings, Sheldon Jackson
Punjab Kings: Mayank Agarwal (c), Arshdeep Singh, Kagiso Rabada, Jonny Bairstow, Shikhar Dhawan, Rahul Chahar, Harpreet Brar, Shahrukh Khan, Prabhsimran Singh, Jitesh Sharma, Ishan Porel, Liam Livingstone, Odean Smith, Sandeep Sharma, Rishi Dhawan, Raj Angad Bawa, Prerak Mankad, Vaibhav Arora, Writtick Chatterjee, Baltej Dhanda, Ansh Patel, Nathan Ellis, Atharva Taide, Bhanuka Rajapaksa, Benny Howell
Click here to read Factboxes of all teams
Click here to follow comprehensive coverage of IPL 2022
Read all of the Latest News, Trending News, Cricket News, IPl Live Score UpdateLatest IPL Schedule 2022, and , IPl 2022 Points tableEntertainment News right here. Follow us on Facebook, Twitter and Instagram.
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https://thewall.fyi/tata-ipl-2022-kkr-vs-pbks-live-streaming-kolkata-knight-riders-vs-punjab-kings-live-coverage-venue-date-timing-firstcricket-news-firstpost/
| 2022-04-01T00:19:31Z
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PHOENIX, March 31, 2022 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading specialty lending company that provides debt, including loans and equipment financing, to growth stage companies backed by technology banks, venture capital and private equity firms, today announced an adjustment to the conversion rate of its 6.00% Convertible Notes due 2025 (the "Convertible Notes") as a result of the Company's regular cash dividend of $0.40 per share and a supplemental dividend of $0.15 per share, payable on April 15, 2022 to stockholders of record as of March 31, 2022. The ex-dividend date for such dividends was March 30, 2022.
Effective immediately after the close of business on March 31, 2022, the conversion rate of the Convertible Notes will be adjusted to 67.5315 shares of the Company's common stock per $1,000 principal amount of Convertible Notes from the prior conversion rate of 67.0278 shares of the Company's common stock per $1,000 principal amount of Convertible Notes, which had been in effect since January 1, 2022. As a result, effective as of such time, the conversion price applicable to the Convertible Notes will be adjusted to $14.81 per share of common stock from $14.92 per share of common stock.
The adjustment to the conversion rate of the Convertible Notes is being made pursuant to the second supplemental indenture, dated as of December 11, 2020, governing the Convertible Notes as a result of the Company's regular quarterly cash dividend discussed above exceeding the initial dividend threshold of $0.30 per share of common stock set forth in the second supplemental indenture and the Company paying a supplemental cash dividend.
Notice of the conversion rate adjustment will be delivered to the holders of the Convertible Notes and U.S. Bank National Association, as trustee, in accordance with the terms of the second supplemental indenture governing the Convertible Notes.
Certain Information Regarding Distributions
The Company's objective is to distribute four quarterly distributions in an amount that approximates 90% to 100% of its taxable quarterly income or potential annual income for a particular year in order to qualify for tax treatment as a regulated investment company under the Internal Revenue Code of 1986. In addition, during any particular year, the Company may pay additional supplemental distributions, so that the Company distributes approximately all its annual taxable income in the year it was earned, or it may spill over the excess taxable income into the coming year for future distribution payments.
Distributions are paid from taxable earnings and may include a return of capital and/or capital gains. The specific tax characteristics of the distributions will be reported to stockholders on Form 1099-DIV after the end of the calendar year and in the Company's periodic reports filed with the Securities and Exchange Commission.
Forward-Looking Statements
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties, including the impact of the COVID-19 pandemic on the economy, financial markets, our business, our portfolio companies and our industry. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. Trinity undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
About Trinity Capital Inc.
Trinity (Nasdaq: TRIN), an internally managed specialty lending company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended, is a leading provider of debt, including loans and equipment financing, to growth stage companies, including venture-backed companies and companies with institutional equity investors. Trinity's investment objective is to generate current income and, to a lesser extent, capital appreciation through investments consisting primarily of term loans and equipment financings and, to a lesser extent, working capital loans, equity and equity-related investments. Trinity believes it is one of only a select group of specialty lenders that has the depth of knowledge, experience, and track record in lending to growth stage companies.
View original content to download multimedia:
SOURCE Trinity Capital Inc.
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https://www.wmbfnews.com/prnewswire/2022/03/31/trinity-capital-inc-announces-adjustment-conversion-rate-its-600-convertible-notes-due-2025/
| 2022-04-01T00:19:31Z
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Pentagon shutting down fuel tank facility in Hawaii that leaked into drinking water
Defense Secretary Lloyd Austin on Monday directed the Navy to permanently close a fuel storage facility in Hawaii that leaked petroleum into a drinking water system for 93,000 people late last year.
“After close consultation with senior civilian and military leaders, I have decided to defuel and permanently close the Red Hill bulk fuel storage facility in Hawaii,” Austin said in a statement released Monday.
Austin ordered Navy Secretary Carlos Del Toro and U.S. Indo Pacific Command head Admiral John Aquilino “to take all steps necessary” to shutter the facility at Joint Base Pearl Harbor-Hickam in Honolulu, Pentagon press secretary John Kirby later told reporters.
Austin said the effort will be a “multi-step process,” during which the Defense Department will work closely with the Hawaii Department of Health and with the Environmental Protection Agency (EPA).
The directive caps a somewhat contentious back and forth between defense officials and Hawaii’s government leaders after fuel leaked from tanks at the storage facility in November and contaminated Pearl Harbor’s drinking water, sickening nearly 6,000 people, most of whom lived in military housing.
The aging tanks had been built during World War II and were used to store fuel for ships and aircraft to be refueled at Pearl Harbor.
Hawaii officials quickly issued an emergency order for the Navy to drain the fuel tanks and not use them again until it can prove it can do so safely. The service initially said it would comply but then in February decided to fight the directive, angering state leaders.
Austin’s decision on Monday is based on a “thorough review of the facility’s long-term future,” Kirby said, adding that the defueling “will probably take somewhere within 12 months or so” to fully drain and close it.
Department of Defense (DOD) leaders “remain very, very focused on this issue and the impact it’s had on families, communities, and of course, our responsibilities in both national security and being good stewards of our resources and the environment,” Kirby said.
The Navy will now work to defuel Red Hill and reposition the fuel to locations on land and fueling ships based at sea. Kirby said the move will better disperse fuel which will allow the U.S. military “to meet future challenges in the Pacific region while ensuring environmental stewardship and protecting the population.”
An assessment team that had already been sent to Red Hill to figure out how to make the facility operational again will “shift their focus” to figure out how to go about the defueling, Kirby explained. That report is due to Austin by the end of April.
The Navy secretary and the Defense Logistics Agency head then must provide an action plan no later than May 31 to safely and quickly drain tanks at the facility, which Austin called “the right thing to do.”
“Centrally-located bulk fuel storage of this magnitude likely made sense in 1943, when Red Hill was built. And Red Hill has served our armed forces well for many decades. But it makes a lot less sense now,” he wrote.
The Pentagon has also committed to lessening the impacts of the November incident, plans on restoring safe drinking water to all affected residents and will provide sampling and testing “to ensure the continued safety of the drinking water,” Kirby added.
“The impact of families, obviously, is foremost on everybody’s mind and I don’t want to speak for the Navy — they’re working very, very hard to get these families back safely to their homes and to take care of them where they are,” Kirby said.
In addition, DOD will “complete environmental mitigation efforts” for all areas affected by the leak “and continue to engage the community on land use” to address any future contamination concerns.
Kirby could not offer a cost estimate for the entire effort.
The Associated Press, which was the first to report on the closure, was told Austin spoke with Hawaii government leaders on Monday to inform them of the decision.
Following news of the plan to shutter Red Hill, EPA Administrator Michael Regan said he welcomed the announcement and that the agency “is committed to working collaboratively with our state and federal partners to ensure clean drinking water for the people of O’ahu.”
Del Toro, meanwhile, said the Navy “fully supports” Austin’s decision.
“As we are committed to protecting all of the residents of Hawaii, the environment, and the security of our nation, this plan will be developed and implemented in a responsible and safe manner that complies with environment laws and best practices,” he said in a statement.
The Hill has removed its comment section, as there are many other forums for readers to participate in the conversation. We invite you to join the discussion on Facebook and Twitter.
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https://thehill.com/policy/defense/597225-pentagon-shutting-down-fuel-tank-facility-in-hawaii-that-leaked-into-drinking/
| 2022-04-01T00:19:30Z
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Hertz Global Holdings, Inc. (HTZ) Gains As Market Dips: What You Should Know
Hertz Global Holdings, Inc. (HTZ) closed the most recent trading day at $22.15, moving +0.59% from the previous trading session. This change outpaced the S&P 500's 1.57% loss on the day. Elsewhere, the Dow lost 1.56%, while the tech-heavy Nasdaq lost 0.09%.
Prior to today's trading, shares of the company had gained 8.96% over the past month. This has outpaced the Transportation sector's gain of 6.72% and the S&P 500's gain of 5.37% in that time.
Wall Street will be looking for positivity from Hertz Global Holdings, Inc. as it approaches its next earnings report date.
HTZ's full-year Zacks Consensus Estimates are calling for earnings of $3.66 per share and revenue of $9.83 billion. These results would represent year-over-year changes of -16.63% and +34.02%, respectively.
Investors might also notice recent changes to analyst estimates for Hertz Global Holdings, Inc.Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Hertz Global Holdings, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).
Digging into valuation, Hertz Global Holdings, Inc. currently has a Forward P/E ratio of 6.01. For comparison, its industry has an average Forward P/E of 11.58, which means Hertz Global Holdings, Inc. is trading at a discount to the group.
The Transportation - Services industry is part of the Transportation sector. This group has a Zacks Industry Rank of 57, putting it in the top 23% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>Click to get this free report
Hertz Global Holdings, Inc. (HTZ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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https://www.nasdaq.com/articles/hertz-global-holdings-inc.-htz-gains-as-market-dips%3A-what-you-should-know-0
| 2022-04-01T00:19:32Z
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Economists have been waiting for Americans to shift from buying goods, like furniture and appliances, toward spending on vacations, restaurant meals and other services as the pandemic fades, betting the transition would take pressure off supply chains and help inflation to moderate.
Rapid wage growth could make that story more complicated. Demand for services is rising just as many employers are struggling to find workers, which could force them to continue raising wages. While positive for workers, that could keep overall inflation brisk as companies try to cover their labor costs, speeding up price increases for services even as they begin to moderate for goods.
Heavy spending on goods during the pandemic has been a driver of the recent inflation burst. Consumers began snapping up physical products a few months after pandemic lockdowns began and have kept on buying. Spending on services also has recovered, but much more slowly. That shift in what people are purchasing has roiled supply chains, which were not built to produce, ship and deliver so many cars, treadmills and washing machines.
Policymakers spent months betting that as the virus waned and consumers resumed more normal shopping patterns, prices of goods would slow their ascent or even fall. That would pull down inflation, which has been running at its fastest pace in 40 years.
But that transition — assuming it happens — may do less to cool inflation than many had hoped. A big chunk of what the government defines as “services” inflation comes from rental housing costs, which often move up alongside wage growth, as households can afford more and bid up the cost of a limited supply of housing units. And when it comes to discretionary services, like salons and gyms, labor is a major cost of production. Rising pay likely means higher prices.
Jason Furman, a Harvard economist who served as a top adviser to President Barack Obama, said the shortage of workers in many service industries means that if demand for services goes up, prices will too. That means a shift in spending back to services will not necessarily result in an overall slowdown in the pace of price increases.
“An awful lot of services are incredibly constrained,” he said. “As we shift back to services, we’ll get more services inflation and less goods inflation, and I don’t think it’s at all obvious that the result of that is less inflation.”
Inflation is running at the fastest pace since 1982, data released Thursday confirmed. Prices climbed 6.4% in the year through February, more than three times the Federal Reserve’s goal of 2% annual increases on average.
Rapid price changes have been spreading beyond goods and into services in recent months. While America has gotten used to thinking about shortages in products — couches are out of stock, shoes are back-ordered — labor shortfalls could mean that services will also end up oversubscribed, allowing providers to charge more.
MaidPro, a home-cleaning firm, has seen a surge in demand from professionals who are spending more time at home. But it is having trouble finding workers to keep up, said Tom Manchester, the company’s president.
“Our demand right now outstrips our supply of being able to service that demand,” he said. “Demand has just continued to be strong — like double-digit strong. And if we could find qualified pros to meet the demand, we’d be even more ahead than we are today.”
Some economists argue that if goods inflation slows, that could still help price gains overall to moderate, even amid rising wages. Prices for products that last a long time rose 11.4% in the year through February — posting the first slight moderation in months, from 11.6% in January. Prices for shorter-lived products like cosmetics and clothing continued to accelerate on an annual basis, climbing 8.6%. Both are still much stronger than services inflation.
“We have in mind a big decline in goods prices,” said Roberto Perli, head of global policy research at the investment bank Piper Sandler. “It would take a lot of increase in service prices to actually offset that.”
Outright declines in goods prices are not guaranteed. Take cars: Rapid price growth in new and used autos was a big driver of inflation last year, and many economists expect those prices to dip in 2022. But Jonathan Smoke, chief economist at Cox Automotive, said continued shortages mean prices for new cars are likely to continue rising, and issues with new car supply could spill over to blunt the expected decline in used car costs.
And services inflation is now also coming in fast. It ran at 4.6% in the year through February, the quickest pace since 1991. If sustained, that is enough to keep inflation above the Federal Reserve’s 2% goal even if product prices stop accelerating.
While goods have taken up a bigger chunk of household budgets in recent months than they did before the pandemic, Americans still spend nearly twice as much on services as on goods overall.
“You don’t need a lot of extra services inflation to make up for your lost goods inflation,” Furman said.
Restaurants, hotels and other discretionary services are not the only places where persistent demand could run up against limited supply, Furman argued. Many nonurgent health care services saw a decline in demand during the pandemic and are now experiencing a rebound amid a shortage of nurses and other skilled workers.
Rent — which is the biggest monthly expense for many families and plays a big role in determining inflation overall — has also been rising at a rapid clip. In cities such as Tampa, Florida; Spokane; and Knoxville, Tennessee, listed rents were up 30% or more in the fall from a year earlier, according to data from Apartment List.
Igor Popov, chief economist at Apartment List, said the breakneck pace of new rent increases is unlikely to repeat itself this year. But many rents will be resetting at higher market rates this spring and summer, he said, adding that they were likely to continue rising as long as wages did the same.
“Rents are partially a function of what people are able and willing to pay,” Popov said.
The Fed’s recent move to raise interest rates — and its planned increases throughout the year — may cool off the housing market, which could eventually affect rents. But in the near term, higher interest rates might make purchasing homes expensive and out of reach for more people. That could temporarily increase rental demand.
Much hinges on what happens next with wages, and that is anyone’s guess.
Laura Rosner-Warburton, an economist at MacroPolicy Perspectives, said wages might be going through something of a “level reset,” where companies have been paying up in light of a newly tight labor market — in some cases, to get on par with wages at Amazon or other big companies — but may not continue to lift pay so much month after month.
That may be what happened in accommodation and restaurants, she said, noting that both saw a surge in wage pressures that has since cooled off.
Nick Bunker, director of economic research for North America at the Indeed Hiring Lab, said conditions remain tight — there are 1.8 job openings for every active job seeker today — but the data suggest that labor shortages are no longer actively worsening, which could at least keep wage growth from accelerating further.
“The labor market is stronger, tighter, hotter than it was before the pandemic, but there are some signs that it is starting to level off,” he said.
It is also possible that higher wages will lure workers back into the job market, helping to offset labor shortages and allowing conditions to settle into a more sustainable path.
But the economy has repeatedly surprised economists and businesses over the past year — typically in ways that have stoked pay and inflation.
Manchester said many maid service executives expected the labor crunch to ease when enhanced unemployment benefits from the federal government ended in September. But while there was some increase in willing workers, there was no sudden flood.
“Everyone is competing for hourly employees,” he said. “We’re competing with the Dunkin’ Donuts, the Home Depots, the Bed Bath & Beyonds — anyone that relies on hourly workers.”
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https://www.seattletimes.com/business/rising-wages-could-complicate-americas-inflation-cool-down/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all
| 2022-04-01T00:19:32Z
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Driver in shoot-out, chase with Buffalo police arraigned
A driver who engaged Buffalo police in a lengthy gunfight, striking and injuring three officers during a haphazard chase that spanned the city, pleaded not guilty Thursday to attempted murder.
Kente Bell, 28, was arraigned from his hospital room, where he is recovering from several gunshot wounds sustained during Tuesday’s chase and a final hail of gunfire as it ended in front of a police station at a Buffalo intersection.
Bell was shot in his neck, arm, leg and hand and underwent surgery at Erie County Medical Center, where he appeared before a judge after regaining consciousness, said Erie County District Attorney John Flynn, who offered dramatic new details of the events.
“You have a high-speed chase... you’ve got a guy firing out the driver’s side window. You’ve got blockades, you’ve got speed on highways, a girl jumping out of the car,” he said at a news conference.
Bell is accused of fleeing two police officers who approached his parked vehicle after noticing its tinted windows around 6 p.m. Tuesday, Flynn said. He cooperated at first but did not get out of the car because he was partially paralyzed in a 2012 shooting and uses medical equipment to walk, the prosecutor said.
When it appeared there was an issue with his registration, Bell drove off. Armed with an illegal handgun with an extended magazine of ammunition, he fired on police as they pursued him through city neighborhoods and on highways for more than 20 minutes, Flynn said.
Early in the chase, before shots were fired, the passenger exited the moving vehicle.
“He was making a turn and had slowed down at some point. She opened the front passenger door and jumped out of the car while it was moving and ended up rolling on the ground and hit up against a pole of some kind,” he said, “like right out of a movie.”
“She was obviously freaking out probably, to say the least, and wanted to have nothing to do with this,” Flynn said.
In the minutes that followed, Bell drove through a police barricade, entered and exited highways and drove wildly through several Buffalo neighborhoods, briefly entering the suburb of Cheektowaga, before turning back toward Buffalo with police officers radioing his route to each other and warning of the danger.
“They’re still shooting. Multiple officers hit!” an officer is heard shouting in a transmission captured by Broadcastify.com.
Three police officers were struck in separate vehicles. All are recovering.
By the time it was over, nine police vehicles were damaged by gunfire, Police Commissioner Joseph Gramaglia said.
Investigators have yet to determine how many shots were fired by Bell, or how many officers fired their weapons, Flynn said.
Bell is due to appear before a county judge at the hospital Friday for an alleged probation violation related to a 2020 illegal firearms charge in the town of Amherst. While on probation, he was prohibited from carrying a weapon.
The attorney who represented Bell at Thursday’s arraignment did not return a call seeking comment on his behalf.
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https://www.sandiegouniontribune.com/news/nation-world/story/2022-03-31/driver-in-shoot-out-chase-with-buffalo-police-arraigned
| 2022-04-01T00:19:32Z
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JOHOR BARU, April 1 — What an emotional moment it was for the many Malaysians gathered here as they patiently waited for the reopening of the Johor Causeway, which has been described as the busiest land crossing in the world, at midnight.
Two minutes before the countdown, though, many people could be seen walking from the Singapore Customs, Immigration and Quarantine (CIQ) Complex towards Malaysia, resulting in those waiting over here to cheer with unbridled joy.
Shouts of “welcome back” and selamat kembali to Malaysia could be heard from those gathered at the R&F Mall near the Johor Causeway as they arrived in great fanfare, with fireworks being let off in the background.
The Johor Causeway and Linkedua Highway, which were so empty throughout the implementation of the movement control order (MCO), came alive again after two years with the reopening of the country’s borders from today.
The atmosphere around Johor Baru city was just as lively, with many converging there to wait for the arrival of their family members from Singapore, with some just turning up to bask in the historic occasion.
A Bernama observation found vehicles coming from the direction of Singapore also sounded their horns apart from passengers clapping in joy.
Meanwhile, Mohd Fauzan Hafizi Rosli, 33, who has been working as a technician in the republic for the past four years, shed tears of joy when asked how he felt about returning home.
The Kota Tinggi native was simply overjoyed to finally be able to meet his wife and children after two years.
“My wife does not know I am coming back, hope to give her a surprise it has been such a long time I have not seen my family.
“Thank you to the governments of Malaysia and Singapore for making the border opening a success,” he said when met at the CIQ at Sultan Abu Bakar Complex (KSAB), in Gelang Patah here.
Mohd Fauzan said what made today’s event more meaningful is that Malaysians finally get to return home just as Muslims are about to welcome Ramadan.
“For the last two years, I celebrated Hari Raya in a foreign country. I’m overwhelmed with emotion... I don’t know how to face my wife and kids,” he said.
On March 25, Prime Minister Datuk Seri Ismail Sabri Yaakob and his Singaporean counterpart Lee Hsien Loong, in a joint statement, said both countries had agreed to reopen their land borders for fully vaccinated travellers beginning April 1.
Malaysia and Singapore will also allow fully vaccinated travellers to cross the land borders without the need to take the Covid-19 pre-departure and arrival tests or be quarantined. — Bernama
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https://www.malaymail.com/news/malaysia/2022/04/01/sheer-delight-relief-as-johor-singapore-borders-reopen/2050886
| 2022-04-01T00:19:32Z
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Regulatory News:
Veolia (Paris:VIE) and Waga Energy have announced the commissioning of France's largest biomethane production unit using biogas from a non-hazardous waste storage facility. Located on the largest biogas production site in France, Veolia's industrial ecology hub in Claye-Souilly (Paris region), will produce 120 GWh of renewable gas annually. This is equivalent to the average annual consumption of 20,000 households or 480 buses running on BioNGV, and will avoid around 25,000 tons of CO2 every year.
Based on the WAGABOX(R) technology developed by Waga Energy, this fully automated and remotely controlled production unit recovers and treats the biogas from landfill waste to transform it into biomethane, a 100% renewable gas. This green gas is then injected directly into the GRDF-operated network to provide energy to homes and businesses in the region, for their traditional uses but also to decarbonize the transport sector thanks to BioGNV.
The Claye-Souilly project is one of four developed through a partnership between Veolia and Waga Energy in France. A production unit is already in operation in Saint-Palais (Cher), with two others currently under construction in Le Ham (Manche) and Chatuzange-le-Goubet (Drôme).
Once commissioned, these four units will represent biomethane production capacity of up to 175 GWh per year by 2024, and will allow to avoid 35,000 metric tons of CO(2) annually.
"Veolia is a key player in the biogas production and the conversion of biogas into energy, the Group already produces 1.6 terrawat hours of biogas from waste methanisation in France alone. We intend to contribute to the development of a full-fledged green gas production sector at the European level, which is essential for energy security and to fight against global warming," explains Estelle Brachlianoff, Group Chief Operating Officer at Veolia.
Mathieu Lefebvre, co-founder, Chairman and CEO of Waga Energy, adds: "The commissioning of this high-capacity unit at the Claye-Souilly industrial ecology hub marks a new milestone in our five-year collaboration with Veolia. We are delighted to combine our unique gas engineering expertise with the expertise of a world leader in waste treatment to develop a sustainable alternative to fossil fuels. By producing biomethane, a pillar of energy transition, we are taking concrete action against global warming and helping to strenghen our country's energy independence."
Bertrand de Singly, Regional Customer Director, Ile-de-France at GRDF: "Thanks to this 27th biomethane production unit, the Seine-et-Marne is becoming more energy independent, with 16% of its residential gas consumption now covered by local biomethane production (with a target of 75% by 2030 in the CapMétha77 charter). GRDF has invested in adapting the gas network to accommodate the renewable gas production of this exceptional project."
The industrial ecology hub, located in Claye-Souilly in the Île-de-France region, treats and recovers up to 1.5 million tons annually of municipal and industrial waste. It is already equipped with facilities converting the biogas produced into heat and electricity. With the commissioning of the new biomethane production unit, the site's total annual energy production from all sources will increase to 238 GWh, a 40% increase on current energy supply.
Veolia and biomethane
Veolia is now one of the world's largest producers of energy from biogas, with 6 TWh of primary energy resources. A world leader in ecological transformation, Veolia aims to maximize biogas recovery in the form of biomethane and to increase its global reserves, in a circular economy approach. The Group's ambition is to become a leader in the biomethane sector and further develop green energy production capacities to help in the fight against climate change.
About Veolia
Veolia Group aims to be the benchmark company for ecological transformation. With nearly 179,000 employees worldwide, the Group designs and provides game-changing solutions that are both useful and practical for water, waste and energy management. Through its three complementary business activities, Veolia helps to improve access to resources, and to preserve and replenish them. In 2020, the Veolia group supplied 95 million people with drinking water and 62 million people with wastewater services, produced nearly 43 million megawatt hours of energy and treated 47 million metric tons of waste. Veolia Environment (Paris Euronext: VIE) recorded consolidated revenue of EUR26.01 billion in 2020. www.veolia.com
About Waga Energy
Waga Energy (ISIN: FR0012532810, symbol: WAGA) produces competitively priced Renewable Natural Gas (also known as "biomethane") by upgrading landfill gas using a patented purification technology called WAGABOX(R). The RNG produced is injected directly into the gas distribution networks that supply individuals and businesses, providing a substitute for natural gas. Waga Energy finances, builds and operates its WAGABOX(R) units under long-term contracts with landfill operators for the supply of raw gas, and generates income by selling the RNG it generated. Waga Energy operates 11 WAGABOX(R) units in France, representing an installed capacity of 240 GWh/year. Eleven units are under construction in France, Spain and Canada. Each project initiated by Waga Energy contributes to the fight against global warming and the helps the energy transition. Waga Energy has been listed since October 27, 2021, on Euronext Paris. waga-energy.com
(1) Multiannual Energy Plan 2019--2023, Ministry of Ecological Transition
View source version on businesswire.com: https://www.businesswire.com/news/home/20220331005463/en/
CONTACT:
Contacts Groupe Veolia
Relations médias Groupe Veolia
Laurent Obadia - Evgeniya Mazalova
Emilie Dupas
+ 33 1 85 57 86 25 / 33 33
presse.groupe@veolia.com
Relations analystes et investisseurs
Ronald Wasylec - Ariane de Lamaze
+33 1 85 57 84 76 / 84 80
investor-relations@veolia.com
Contacts Waga Energy
Relations médias Waga Energy
Laurent Barbotin
+ 33 7 72 77 11 85
laurent.barbotin@waga-energy.com
SOURCE: Veolia Environment Copyright Business Wire 2022
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https://www.marketwatch.com/story/veolia-and-waga-energy-commission-one-of-the-largest-biomethane-production-units-in-europe-271648712166
| 2022-04-01T00:19:33Z
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Today’s market offers many window frame options. They can be made from different materials, showing different performances when it comes to insulation. Air in the cavities between panes expands when it heats up and vice versa, it contracts as it cools, so this puts a lot of pressure on the seals as well as frames.
So when considering long-lasting and sturdy windows and doors in Victoria, we are referring to products that feature more resistance to pressure and warping because of temperature changes. This impacts the life expectancy of your windows, the overall thermal performance of your house and, of course, your comfort.
So knowing which window frames work best for your units and needs, their pros and cons, is vital. Want to learn more? Keep reading!
Wood Windows:
- Pros: Wood is a sustainable, renewable resource and thus it offers a comparatively reasonable insulation value; it can come with many natural finishes or be painted with any colour;
- Cons: It requires frequent complex maintenance and is susceptible to moistness and insect damage; this material is more inclined to warping and letting gas escape. Moreover, wood is among the most expensive finishes for your new windows.
Aluminum Windows:
- Pros: Sturdy and long-lasting; recyclable; requires little-to-no upkeep.
- Cons: Obviously metal is a conductor, so you will face an increased heat loss. According to The National Building Code of Canada (NBCC), aluminum windows should be also equipped with a thermal barrier of rigid foam, polyurethane or wood to boost their thermal performance; these frames are also easy to moisture at the joints in the corners.
Vinyl Windows:
- Pros: Highly resistant to moisture, bugs, rot; great insulation value; no need for maintenance; very affordable.
- Cons: Among all the window frame materials you have on the market today, Vinyl performs the worst in cold climates. So before going with this frame material, you have to analyze your heating bills and climate changes.
Fiberglass or Composite Windows:
- Pros: Fiberglass frames come as light, long-lasting and sturdy units. They feature one of the highest insulation values on the market, and they also are the best when it comes to resistance to expansion and contraction because of the temperature shifts. This ultimately helps to extend the life of your seals, helping you to save on retrofit. Moreover, these frames come in a variety of colours, and even a wood laminate interior to bring a traditional feel to your space.
- Cons: The only downside to mention here is the price tag. It is one of the most expensive options on the market, so if you are tight on a budget it might not be your perfect choice. However, as fiberglass is one of the more durable materials, it’s generally worth the investment.
So What to Choose for My House in Victoria?
Depending on your personal preferences and the current look of your house, you can go with either of the materials mentioned above. However, most Canadians prefer new windows equipped with Vinyl frames since it is basically the middle ground you want when choosing the correct material for your new windows in Victoria. It offers exceptional energy efficiency performance, it can mimic the look of wood, it does not require frequent maintenance, and it won’t break the bank.
However, if your budget allows, you love DIY and have time for it, wood or fiberglass frames will also be great since they look just amazing, bringing the classy and elegant look to your windows.
The Bottom Line
A new window replacement or retrofit project is definitely a great endeavour to enhance the appearance of your house, boost its market value and improve the curb appeal. Even though it is a solid investment that might take a long to pay off, it brings more comfort and peace of mind to your family members and you, so it is definitely worth the effort. Just make sure to do your homework and analyze your current house conditions, thermal performance, climate, budget and exterior to make the right pick when it comes to window frames.
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https://www.trailtimes.ca/national-marketplace/buying-the-right-windows-for-your-house-in-victoria-which-window-frame-to-consider-wood-vs-aluminum-vs-vinyl/
| 2022-04-01T00:19:33Z
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KBS WORLD TV YouTube | HOT Video Clip of the Week (March 21st~27th)
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| 2022-04-01T00:19:32Z
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PR Newswire
OLYMPIA, Wash., March 31, 2022
OLYMPIA, Wash., March 31, 2022 /PRNewswire/ -- Heritage Financial Corporation ("Company" or "Heritage") (Nasdaq: HFWA) anticipates issuing its first quarter earnings release on Thursday, April 21, 2022 before the market opens. The Company has scheduled a telephone conference call to discuss the first quarter on Thursday, April 21, 2022 at 11:00 a.m. Pacific time (2:00 p.m. Eastern time).
To access the conference call, call the numbers listed below:
The conference call will be recorded and will be available following the live conference call for replay twenty-four hours a day ending April 28, 2022. Questions regarding the conference call may be directed to Kaylene Lahn at 360-943-1500.
About Heritage Financial
Heritage Financial Corporation is an Olympia-based bank holding company with Heritage Bank, a full-service commercial bank, as its sole wholly-owned banking subsidiary. Heritage Bank has a branching network of 49 banking offices in Washington and Oregon. Heritage Bank also does business under the Whidbey Island Bank name on Whidbey Island. Heritage's stock is traded on the NASDAQ Global Select Market under the symbol "HFWA". More information about Heritage Financial Corporation can be found on its website at www.hf-wa.com and more information about Heritage Bank can be found on its website at www.heritagebanknw.com.
View original content:https://www.prnewswire.com/news-releases/heritage-financial-announces-earnings-release-date-and-conference-call-301515432.html
SOURCE Heritage Financial Corporation
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https://www.gurufocus.com/news/1676081/heritage-financial-announces-earnings-release-date-and-conference-call
| 2022-04-01T00:19:33Z
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MANHATTAN, Kan. — The Kansas State men’s basketball team was surrounded by good vibes for more than a week after Jerome Tang was hired as the squad’s new head coach.
But that excitement came to a halt on Thursday when Nijel Pack, a 6-foot guard who was by far K-State’s best player last season, decided to enter his name in the NCAA transfer portal rather than return for his junior season with the Wildcats.
Some might call it Tang’s first loss.
Pack is the fourth K-State basketball player who has decided to continue his college career elsewhere since Tang arrived in Manhattan. But unlike the other three departing transfers (Selton Miguel, Carlton Linguard, Luke Kasubke), Pack will be sorely missed. And difficult to replace.
No one was better under former coach Bruce Weber this past season.
Pack, a talented combo guard with impressive shooting range, led the Wildcats with 17.4 points per game and earned first-team All-Big 12 honors as a sophomore. His return was already in doubt because he has declared for the NBA draft as an early entrant. But few expected him to do more than test the pro waters. Odds were good he would eventually choose to remain in college.
It just seems unlikely he will be playing for K-State in the future. Pack did leave the door cracked open for a return when he announced his departure on social media.
“This season has been exciting, and will forever leave an impression on my heart,” Pack wrote. “Every decision I’ve ever made has been rooted in faith, love and divine purpose. After much thought and prayer, I have decided to enter the transfer portal. I want to explore all of my options, but K-State will certainly be one of the schools I consider.”
It is rare for players to enter the transfer portal and return to their previous school, but it has happened before.
Pack’s departure comes as a surprise, because he was complimentary of Tang immediately after his introductory news conference last week.
“Man, I’m excited,” Pack said. “It was cool to finally get to meet him after seeing everything online about him. I’ve heard he is a great coach. Obviously being at Baylor and all the things that they’ve done. It’s really exciting to get him at this program to see what he can do for us and help us become better.”
But he also made it clear he wasn’t thrilled that the Wildcats allowed Weber to resign as coach after 10 eventful seasons in Manhattan.
“It sucks,” Pack said. “We all came here to play for Bruce Weber.”
Pack is originally from Indianapolis and may look to continue his college career closer to home after receiving only light recruiting interest from Big Ten schools coming out of high school.
“I would like to express sincere gratitude to K-State for believing in my ability to honor their name,” Pack said. “I want to thank my coaches, teachers, teammates, family, fans and the community at large for aiding in my growth throughout my time here in Kansas. This is the beginning of my next chapter.”
K-State fans would have loved for Pack to return next season. Pack eclipsed 30 points in three games for the Wildcats as a sophomore and made 43.6% of his shots from 3-point range. He would have been a huge building block for Tang in his debut season.
Tang has said that he thought the Wildcats were set to return one of the top back courts in the Big 12 with Markquis Nowell and Pack handling the ball.
Instead, the Wildcats will look much different at the guard position next year.
Tang currently has five open scholarships to use this offseason as he works to reshape the roster.
©2022 The Wichita Eagle. Visit at kansas.com. Distributed by Tribune Content Agency, LLC.
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https://www.eagletribune.com/kansas-state-loses-leading-scorer-nijel-pack-to-transfer-portal-after-jerome-tang-arrives-as/article_5bb01cc7-9a34-5cb0-816f-794e2d99b985.html
| 2022-04-01T00:19:34Z
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Title IX has been a passionate subject for Candace Parker ever since she learned of its impact while doing a paper on it in the eighth grade.
So, it is no surprise her first documentary as an executive producer is about the landmark legislation. On Saturday, “Title IX: 37 Words That Changed America,” will open coverage of the men’s Final Four on TBS at 1 p.m. EDT.
“I sit here because of Title IX. Although we have so many wins, we have so much further to go. That’s why we went with having the Title IX story told through my eyes so that you can see if Title IX didn’t exist, I wouldn’t exist,” Parker said.
Parker considers herself a first-generation benefactor of Title IX, which is celebrating its 50th anniversary this year. It states: “No person in the United States shall, on the basis of sex, be excluded from participation in, be denied the benefits of, or be subjected to discrimination under any education program or activity receiving Federal financial assistance.”
Parker’s mother, Sara, attended Iowa before Title IX became law. Candace’s 12-year old daughter, Lailaa Nicole Williams, will have more opportunities.
“It means a lot to be able to have my mom and my daughter be a part of this,” Parker said. “I have inspiration from my mom and her story. And then as well for my daughter, I want to continue to open up doors, and I don’t want her to see limitations.”
The documentary also comes as inequities between the NCAA men’s and women’s basketball tournaments are coming under intense scrutiny.
“Something as simple as March Madness, right? Like, now women can use that. That’s unbelievable. It’s 2022,” Parker said. “But things are changing. But it still doesn’t take away that we still have so much farther to go. I think that’s the whole point of doing this documentary is if you invest, it’s not a charity, it’s an investment. And it’s an honest investment of trying to make it work. And I think for so long, we just existed; women’s sports existed as something that had to be there. And now we look at it as an investment, and then I think we can start moving things forward."
Parker won a pair of NCAA championships at Tennessee while being coached by one of the pioneers of Title IX, the late Pat Summitt. Parker has parlayed that experience into a successful career as a two-time WNBA champion and MVP and two gold medals in the Olympics.
Parker is also an accomplished analyst for Turner Sports on its NBA and NCAA Tournament coverage since 2018. During discussions about a contract extension at Turner, Parker and her representatives first pitched the idea of a documentary. It got the green light for production last November.
The documentary includes interviews with Billie Jean King, Peyton Manning, Lisa Leslie, NBA Commissioner Adam Silver, and former Secretary of State Condoleezza Rice.
“There’s a number of influential voices that I think I have to pinch myself to realize that they’re a part of it,” Parker said. “To have Billie Jean King, like the 10-year-old girl that did a biography project on her, I just think it’s just so special.
“Title IX doesn’t just impact women. To watch Peyton Manning talk about how Pat really influenced his life, as a competitor and just as an individual. To see somebody that is an icon to say that I think speaks to how valuable women in leadership positions are.”
Having the documentary tip-off Turner’s Final Four coverage on Saturday should give it a broader audience. “The Arena” will air following the documentary and focus on the impact of Title IX on sports and society.
This is also the first project for Parker’s production company — Baby Hair Productions — and was also produced with Scout Productions.
“Having a diverse audience, that’s not just the women and girls, we want everyone to see how impactful and powerful women are in society,” Parker said. “To have this be something that we talk about, especially after with ‘The Arena' show, I think it speaks to just how important it is.”
___
More AP coverage of March Madness: https://apnews.com/hub/march-madness and https://apnews.com/hub/womens-college-basketball and https://twitter.com/AP_Top25
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https://www.lakecountystar.com/sports/article/Parker-hopes-Title-IX-documentary-serves-as-17049750.php
| 2022-04-01T00:19:34Z
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LONDON (AP) — OPEC and allied oil producers including Russia decided Thursday to stick to a modest increase in the amount of crude they pump to the world, a step that supports higher prices even as the Biden administration plans to try to lower them by releasing oil from strategic reserves.
The group, known as OPEC+, said it would add 432,000 barrels per day in May, as it works to gradually restore production cuts made during the depths of the coronavirus pandemic. That’s slightly up from 400,000 barrels in previous months, with officials saying they’re revising baseline production levels.
The alliance has been unmoved by pleas from oil-consuming countries to pump more oil as energy prices soar, fueling inflation worldwide. High prices have helped Russia — the world’s largest exporter with 12% of the global market — offset some of the economic pain from Western sanctions over its invasion of Ukraine.
The U.S. and European sanctions have dealt a severe blow to Russia’s economy but contain exceptions for energy payments. That is a U.S. concession to European allies who are much more dependent on Russian energy than the U.S., which has banned the import of Russian oil. Europe by contrast gets 40% of its natural gas and 25% of its oil from Russia, and officials there have shied away from a boycott, instead aiming to reduce dependency through conservation and boosting wind and solar energy as fast as they can over the next several years.
Oil prices have risen as global demand rebounded for fuel for cars, trucks and airplanes. The war pushed them ever higher over fears Russian oil might be lost to the market if sanctions tighten.
They have a major influence on how much U.S. drivers pay at the pump, with crude oil accounting for about half the price of a gallon of gas. To combat high gasoline prices — averaging $4.24, up $1.38 from a year ago — U.S. President Joe Biden is preparing to order the release of up to 1 million barrels per day from strategic petroleum reserves, with an announcement expected as soon Thursday.
Diesel fuel for trucks, farm equipment and factories has also jumped in price, to a U.S. average of $5.25 per gallon, up $2.02 from a year ago, according to the U.S. Energy Information Administration.
In November, the White House announced the release of 50 million barrels in coordination with other countries, and after the war began, the U.S. and 30 other countries agreed on an additional release of 60 million barrels.
Oil prices slumped on expectations of a new release, but analysts at UniCredit bank said the impact of such moves on prices “is usually short-lived.” That’s because reserves are finite, and the production shortfall is open-ended. Once reserves fall below a certain level, the market might fear they would be insufficient to combat a further shortfall and prices would go up.
U.S. oil prices were down 6.3%, to $100.99, while international benchmark Brent crude dropped 5.6%, to $107.50.
|
https://www.kget.com/news/world-news/opec-likely-to-stick-to-modest-oil-boost-despite-war-jitters/
| 2022-04-01T00:19:33Z
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Rangers could face legal action after Sydney Super Cup snub
By Vince Rugari
The organisers of the Sydney Super Cup have hit back at Rangers, who could be hit with legal action for pulling out of the NSW government-backed tournament and a planned Old Firm derby against Ange Postecoglou’s Celtic.
Following weeks of speculation over their involvement, the Scottish champions have confirmed they will not take part in the four-team event in November, for which tickets have already gone on sale.
In a statement released overnight, the club accused tournament organisers of being “unwilling to fulfil their commitments to Rangers” and said they’d terminated their agreement to play in the Sydney Super Cup with immediate effect. According to Sky Sports News, those commitments involved the non-use of the term ‘Old Firm’ in official communications, which Celtic avoids in deference to parts of their fanbase who believe the ‘Old Firm’ ceased to exist when Rangers went bust in 2012.
But TEG and Left Field Live, the co-promoters of the event, have returned serve, accusing Rangers of bowing to fan pressure and letting down their Australian-based supporters, and rejecting any claim they had gone back on their commitments to the club.
“We were disappointed to wake up this morning to Rangers FC’s statement that it will not be participating in the Sydney Super Cup,” the promoters said in a statement.
“The Rangers Board committed to these matches following extensive negotiations over eight months. Seemingly in response to negative fan reaction, they have pulled out of their contracted commitment.
“We have worked closely with all stakeholders to bring this exciting event to Sydney, and we refute any suggestion that we were unwilling to fulfill our commitments to Rangers. We have acted in good faith and have put the event on sale with a great response from fans here.
“In changing their minds, the Rangers Board has let down many, many fans in Australia and the Asian region. We will now consult with our stakeholders before determining our response.”
The decision to withdraw from the Sydney Super Cup will come at a hefty cost for Rangers, with overseas reports indicating they would be hit with a legal bill for breach of contract in the event of a withdrawal.
It does, however, end any fears of fan violence in Sydney between Celtic and Rangers supporters. Representatives of the Sydney-based fan clubs of both teams had expressed serious concern over policing, logistics and the lack of segregation at not only Accor Stadium but pubs, trains and buses across the city during the week leading up to the November 20 fixture.
Never before have Celtic and Rangers played a match against each other on foreign soil, and it may be some years before such a plan is revisited after this false start.
It’s unclear whether organisers will seek a replacement team for the Sydney Super Cup - which is also slated to involve A-League teams Sydney FC and Western Sydney Wanderers - or if Rangers’ withdrawal puts the entire project in jeopardy. TEG Live was contacted for further comment.
The tournament, announced only last month, was not well-received by Celtic and Rangers fans, some of whom believed the venture would cheapen their age-old rivalry - even though an executive from Rangers said the trip to Sydney would earn them more money in eight days than they would through an entire Scottish Premiership season.
Rangers fans have been staging protests at games to make their displeasure clear to the club’s board, throwing tennis balls and toilet rolls onto the pitch at an away fixture a fortnight ago to express their angst against the Sydney Super Cup, as well as the positioning of their club as a ‘foil’ for Celtic and Postecoglou on his planned homecoming tour.
Celtic, who are three points clear on top of the Scottish Premiership ladder, travel to Ibrox to face Rangers on Sunday night (AEDT) in a match that could be decisive in the title race.
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https://www.brisbanetimes.com.au/sport/soccer/rangers-could-face-legal-action-after-sydney-super-cup-snub-20220401-p5aa08.html?ref=rss&utm_medium=rss&utm_source=rss_feed
| 2022-04-01T00:19:35Z
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Generating 23% revenue growth
Winning significant government contracts and commercial software subscriptions
Strengthening the balance sheet
DENVER, March 31, 2022 /PRNewswire/ - Intermap Technologies (TSX: IMP) (OTCQX: ITMSF) ("Intermap" or the "Company"), a global leader in geospatial intelligence solutions, today filed its audited annual financial statements for the year ended December 31, 2021, the annual management discussion and analysis for the corresponding period, related management certifications of annual filings and its annual information form. The documents are available on SEDAR at www.sedar.com.
Consolidated revenue for the year ended December 31, 2021 totaled $5.8 million, compared with $4.7 million for 2020, as the Company began to recover from the disruption related to the COVID-19 pandemic. During 2021, the Company announced several government contract awards, including:
- Won a contract to supply low latency foundation data to the National Geospatial-Intelligence Agency (NGA)
- Awarded a contract with the U.S. Air Force Research Laboratory (AFRL) to support GPS-denied navigation
- Selected to be on multiple teams for the U.S. Geological Survey (USGS) GPSC4 program
- Awarded a contract to map Borneo for the government of Malaysia's federal mapping agency and completed acquisition of project area
- Supported the Colombia National Mapping Program with high-resolution digital terrain models over challenging topography
During the fourth quarter of 2021, the Company commenced operations on a continuing strategic data infrastructure contract for the government of Malaysia. Following initial contracting delays during the third quarter of 2021, the program was further delayed after Intermap deployment by quarantine measures implemented by the government in response to the Omicron COVID-19 variant, which extended project milestones, revenue recognition, billings, and collections into 2022 that were originally planned and budgeted to occur in December 2021. As a result, many of the larger project costs, including purchased services, payroll, deployment and mobilization expenses occurred in November and December of 2021, well in advance of the associated milestones, billings, collections and revenue that were extended into 2022. These timing effects, which resulted from the government's response to COVID-19, caused a short-term reduction in the Company's 2021 operating cash flow in the fourth quarter of 2021. Nonetheless, Intermap reported a profitable quarter – its most profitable since 2019 – and its eighth consecutive quarter of improving operating income and adjusted EBITDA.
Software-based subscription revenue continues to grow year-over-year, at a rate of 11% during 2021. Some highlights include:
- Signed an InsitePro® subscription agreement with a top-5 insurance provider in the U.S.
- Signed a subscription agreement to integrate NEXTView™ aviation surface data with Wingcopter
- Agreed to collaborate with DronSystems to integrate NEXTView into its automated Unmanned Traffic Management platform (UTM)
- Signed a deal to integrate NEXTView data with Aviatize's IDRONECT UTM to support medical delivery project in Africa
- Expanded insurance products and services across Europe with Generali Group and Allianz Technology
- Partnered with Anchor Point to support wildfire underwriting
- Partnered with Ambiental Risk Analytics for climate change and natural hazard risk analytics
- Entered a strategic agreement with global telecom leader to support 5G expansion in India
- Won a contract with Garmin to provide terrain data for next-generation golf applications
- Won a contract with a Class-1 North American railway company for flood and fire risk management
- Won a contract with a leading European airline for NEXTView elevation data as a service
- Entered an agreement to provide orthorectification service to support airport infrastructure planning in South America
Through a series of carefully sized private placements, Intermap strengthened its balance sheet and working capital position. It recognized a $1 million gain on a minority investment held in a private geospatial software company that targets the commercial space and satellite sector. Intermap's investment has received bonafide acquisition proposals for cash consideration from several qualified purchasers that are publicly-traded.
Subsequent to the end of the year, at the request of vetted allied government personnel, Intermap mobilized the delivery of the world's best unclassified commercial elevation data to support ground operations for the Ministry of Defense in Ukraine.
"2021 was an important recovery year for Intermap as we fought through COVID's disruption, withstood continued delays, and delivered actionable geospatial intelligence to clients on time and under budget," said Patrick A. Blott, Intermap's Chairman and CEO. "As a result of that strong performance, we grew revenue, won multiple strategic contracts to fuel our future growth, positioned ourselves to monetize non-core financial assets, and extended our relationships with key government agencies, as well as leading commercial enterprises around the world."
Intermap Reader Advisory
Certain information provided in this news release, including projected financial information and statements in relation to the Company's opportunities for growth and pipeline constitutes forward-looking statements. The words "anticipate", "expect", "project", "estimate", "forecast", "will be", "will consider", "intends" and similar expressions are intended to identify such forward-looking statements. Although Intermap believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a variety of known and unknown risks and uncertainties. Intermap's forward-looking statements are subject to risks and uncertainties pertaining to, among other things, cash available to fund operations, availability of capital, revenue fluctuations, nature of government contracts, economic conditions, loss of key customers, retention and availability of executive talent, competing technologies, common share price volatility, loss of proprietary information, software functionality, internet and system infrastructure functionality, information technology security, breakdown of strategic alliances, and international and political considerations, as well as those risks and uncertainties discussed Intermap's Annual Information Form and other securities filings. While the Company makes these forward-looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that the Company will derive therefrom. All subsequent forward-looking statements, whether written or oral, attributable to Intermap or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements made herein, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law.
About Intermap Technologies
Founded in 1997 and headquartered in Denver, Colorado, Intermap (TSX: IMP; OTCQX: ITMSF) is a global leader in geospatial intelligence solutions. The Company's proprietary 3D NEXTMap® elevation datasets and value-added geospatial collection, processing, analytics, fusion and orthorectification software and solutions are utilized across a range of industries that rely on accurate, high-resolution elevation data. Intermap helps governments build authoritative geospatial datasets and provides solutions for base mapping, transportation, environmental monitoring, topographic mapping, disaster mitigation, smart city integration, public safety and defense. The Company's commercial applications include aviation and UAV flight planning, flood and wildfire insurance, environmental and renewable energy planning, telecommunications, engineering, critical infrastructure monitoring, hydrology, land management, oil and gas and transportation. For more information, please visit www.intermap.com.
View original content:
SOURCE Intermap Technologies Corporation
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https://www.13abc.com/prnewswire/2022/03/31/intermap-files-2021-annual-results/
| 2022-04-01T00:19:35Z
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This Is The Best Bar In North Carolina
By Sarah Tate
March 31, 2022
North Carolina has no shortage of busy bars, cozy pubs and hidden speakeasies, so there are plenty of options for your next night out. But with so many choices, how do you know where to start?
Mashed recently compiled a list of the best bar in each state, from cash only dives to carefully crafted cocktails enjoyed with rooftop views. According to the site:
"Tiki taverns, speakeasy spots, historic saloons, and dingy dives; every American state is packed with an abundance of each option. But within each one of their borders is a watering hole a cut above the rest."
So which North Carolina bar was named the best in the state?
Thirsty Beaver Saloon
Located in Charlotte, the Thirsty Beaver Saloon is a hidden gem that has been a favorite for locals and visitors alike. Even The Rolling Stones frontman Mick Jagger has stopped by to see what the beloved dive has to offer.
The Thirsty Beaver Saloon is located at 1225 Central Avenue in Charlotte.
Here's what Mashed had to say about the best bar in North Carolina:
"You'll feel pretty thirsty once you get over the initial shock of pulling up to Thirsty Beaver Saloon in Charlotte's Plaza Midwood. The entryway to the standalone dive looks welcoming, while the towering apartment complex surrounding it? Not so much. Inside you can drink cold, cheap beer by the light of the neon signs, which adorn the short walls along with bras and old country-music memorabilia. You're also welcome to play darts and pump some coin into the jukebox."
Check out the full list here to see the best bar in each state.
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https://www.iheart.com/content/2022-03-31-this-is-the-best-bar-in-north-carolina/
| 2022-04-01T00:19:36Z
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When you buy a domain name at Dan.com, you’re automatically covered by our unique Buyer Protection Program. Read more about how we keep you safe on our Trust and Security page.
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https://dan.com/buy-domain/yl912.com
| 2022-04-01T00:19:36Z
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AUSTIN, Texas (AP) _ The winning numbers in Thursday evening's drawing of the Texas Lottery's "Daily 4 Evening" game were:
4-1-9-1, FIREBALL: 1
(four, one, nine, one; FIREBALL: one)
AUSTIN, Texas (AP) _ The winning numbers in Thursday evening's drawing of the Texas Lottery's "Daily 4 Evening" game were:
4-1-9-1, FIREBALL: 1
(four, one, nine, one; FIREBALL: one)
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https://www.houstonchronicle.com/lottery/article/Winning-numbers-drawn-in-Daily-4-Evening-game-17049718.php
| 2022-04-01T00:19:36Z
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https://www.leafly.com/brands/drip-oils-extracts/products/drip-oils-extracts-cookie-mob-terp-jelly-1g-solvent
| 2022-04-01T00:19:36Z
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Given its central role in utilizing light energy, photoinduced electron transfer (PET) from an excited molecule has been widely studied1,2,3,4,5,6. However, even though microscopic photocurrent measurement methods7,8,9,10,11 have made it possible to correlate the efficiency of the process with local features, spatial resolution has been insufficient to resolve it at the molecular level. Recent work has, however, shown that single molecules can be efficiently excited and probed when combining a scanning tunnelling microscope (STM) with localized plasmon fields driven by a tunable laser12,13. Here we use that approach to directly visualize with atomic-scale resolution the photocurrent channels through the molecular orbitals of a single free-base phthalocyanine (FBPc) molecule, by detecting electrons from its first excited state tunnelling through the STM tip. We find that the direction and the spatial distribution of the photocurrent depend sensitively on the bias voltage, and detect counter-flowing photocurrent channels even at a voltage where the averaged photocurrent is near zero. Moreover, we see evidence of competition between PET and photoluminescence12, and find that we can control whether the excited molecule primarily relaxes through PET or photoluminescence by positioning the STM tip with three-dimensional, atomic precision. These observations suggest that specific photocurrent channels can be promoted or suppressed by tuning the coupling to excited-state molecular orbitals, and thus provide new perspectives for improving energy-conversion efficiencies by atomic-scale electronic and geometric engineering of molecular interfaces.
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https://www.newsbreak.com/news/2556444788936/impacts-of-plasmonic-nanoparticles-incorporation-and-interface-energy-alignment-for-highly-efficient-carbon-based-perovskite-solar-cells
| 2022-04-01T00:19:37Z
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LOS ANGELES, March 31, 2022 /PRNewswire/ -- Ultra PRO International LLC ("Ultra PRO"), a California-based manufacturer of toys, board games, and accessories, has acquired Legion Supplies, Inc. ("Legion Supplies"), an innovator in the tabletop gaming space since its debut in 2009. Steve Port, Owner of Legion Supplies, states, "What prompted the launch 12 years ago was when, as a hobby store owner, I saw my customer's desire for art-based sleeves that represented them beyond the basic fantasy art that existed. From our first 'Bacon' art sleeves, we've tried to bring fun images to quality products that help players express their individuality." Legion Supplies began with trading card game accessories and in 2017 launched MTGproshop.com, which expanded their offerings into the lifestyle category giving fans of Magic: The Gathering a broad selection of apparel and decor based items.
Founded in 1952 and currently celebrating its 70th anniversary, Ultra PRO is a leader in the gaming industry. The acquisition of Legion Supplies reinforces Ultra PRO's strong ability to continue to bring high quality products to the collectibles and trading card games marketplace.
Steve further states, "I'm excited for the expanded capabilities Legion will have working with Ultra PRO's large chain of suppliers and expertise in areas that can only make Legion products better."
Jay Kuo, Ultra PRO's President says, "Legion Supplies is well known in the trading card game community and has developed a great niche business with a loyal following. We're excited to welcome Steve Port to the Ultra PRO management team, as well as the entirety of the Legion team to the Ultra PRO family and look forward to Steve's continued development of Legion Supplies' catalog and service offerings."
Ultra PRO has a strong history of USA-based manufacturing and this acquisition further expands those capabilities as Legion Supplies offers a wide range of product types produced in their Minnesota-based facilities.
Ultra PRO looks forward to growing the business and bringing innovative gaming products to market for years to come. The new partnership will allow Ultra PRO to further expand distribution of the product assortment, create cross-selling opportunities and bring forth complementary line expansions that will be sought out by the gaming audience for years to come.
Legion Supplies, Inc products can be found at https://www.legionsupplies.com/ and https://mtgproshop.com/.
Ultra PRO products can be found at https://shop.ultrapro.com/
About Ultra PRO
Ultra PRO is the leading manufacturer and supplier of sports and gaming collectibles accessories, board games, photo and scrapbooking albums, school and office supplies, and TableTopics conversation starter card sets. The company has been designing and manufacturing top-quality products since 1952. Ultra PRO brands are recognized for their high-quality standards and design innovations. The company's products are sold through a top-tier network of distributors and customers worldwide. They can be purchased in hobby shops, independent toy and gift stores, retail chains and online stores across the globe. Ultra PRO is a privately-held, family-owned company with head offices near Los Angeles, California. For more information, please visit www.UltraPRO.com.
About Legion Supplies, Inc.
Legion Supplies, Inc was founded by Steve Port, serial entrepreneur, and co-founder of Melee.gg, an event management software company. Located in Burnsville, MN, Legion Supplies has been a leader in the tabletop gaming space since 2009. Legion is known for fun and trendy designs as well as innovative product development. Since the beginning, Legion has continued to expand offering new categories of gaming lifestyle products as well as publishing and distribution.
View original content to download multimedia:
SOURCE Ultra PRO International LLC
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https://www.wmbfnews.com/prnewswire/2022/03/31/ultra-pro-acquires-legion-supplies-brand-tabletop-gaming-accessories/
| 2022-04-01T00:19:38Z
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Tata IPL 2022, LSG vs CSK, Live Updates: Chennai hand Lucknow a 211 run target – Firstcricket News, Firstpost
Lucknow Super Giants vs Chennai Super Kings Live replace – Tata IPL 2022 LSG vs CSK Live cricket rating , seventh IPL Match Live Coverage: MS Dhoni finishes it off with a boundary and CSK end with 210/7 from the 20 overs. Robin Uthappa (50), Shivam Dube (49) and Moeen Ali (35) among the many runs. Two wickets every for Avesh, Tye, Bishnoi
Preview: KL Rahul-led Lucknow Super Giants will face Ravindra Jadeja’s Chennai Super Kings within the Indian Premier League match on the Brabourne Stadium in Mumbai on Thursday (31 March).
Lucknow Super Giants performed their maiden IPL recreation in opposition to Gujarat Titans on Monday. However, it didn’t develop into a profitable try as they had been pipped by Gujarat Titans within the ultimate over.
Chennai Super Kings too had a poor begin in opposition to Kolkata Knight Riders within the first match of this season. They may solely put up 131 for five and the one constructive for them was the type of MS Dhoni, who scored a half century.
When will the Lucknow Super Giants and Chennai Super Kings match be performed?
The LSG vs CSK IPL 2022 match will happen on 31 March.
Where will the Lucknow Super Giants and Chennai Super Kings match be held?
The LSG vs CSK IPL 2022 match will probably be held at Brabourne Stadium, Mumbai.
What time will the Lucknow Super Giants and Chennai Super Kings match begin?
The LSG vs CSK IPL 2022 match will start from 7:30 pm onwards, whereas the toss will happen at 7 pm.
Where are you able to watch the LSG vs CSK IPL 2022 match on TV and on-line?
The LSG vs CSK IPL 2022 match will probably be broadcast reside on Star Sports Network channels — Star Sports 1 HD, Star Sports Select 1, Star Sports Select 1 HD (Dugout) and Star Sports 1. Apart from that, the match will probably be streamed reside on Disney+ Hotstar.
You also can comply with firstpost.com to test the reside scores and commentary of the LSG vs CSK IPL 2022 match.
Complete Squads:
Lucknow Super Giants: KL Rahul(c), Manish Pandey, Quinton de Kock, Evin Lewis, Manan Vohra, Jason Holder, Krunal Pandya, Ayush Badoni, Deepak Hooda, Kyle Mayers, Okay Gowtham, Karan Sharma, Avesh Khan, Mark Wood, Dushmantha Chameera, Shahbaz Nadeem, Ankit Rajpoot, Mayank Yadav and Mohsin Khan
Chennai Super Kings: Ravindra Jadeja (c), Chris Jordan, Ruturaj Gaikwad, Devon Conway, Robin Uthappa, Ambati Rayudu, Shivam Dube, MS Dhoni (wk), Dwayne Bravo, Mitchell Santner, Adam Milne, Tushar Deshpande, Rajvardhan Hangargekar, Hari Nishanth, Maheesh Theekshana, N Jagadeesan, Subhranshu Senapati, Prashant Solanki, Mukesh Choudhary, KM Asif, Simarjeet Singh, Bhagath Varma, Deepak Chahar
Read all of the Latest News, Trending News, Cricket News, IPL Live Score, IPL 2022 schedule, IPL 2022 Points table and Entertainment News. Follow us on Facebook, Twitter and Instagram.
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https://thewall.fyi/tata-ipl-2022-lsg-vs-csk-live-updates-chennai-hand-lucknow-a-211-run-target-firstcricket-news-firstpost/
| 2022-04-01T00:19:38Z
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LOS ANGELES (AP) — Oscars producer Will Packer said Los Angeles police were ready to arrest Will Smith after Smith slapped Chris Rock on the Academy Awards stage.
“They were saying, you know, this is battery, was a word they used in that moment,” Packer said in a clip released by ABC News Thursday night of an interview he gave to “Good Morning America.” “They said we will go get him. We are prepared. We’re prepared to get him right now. You can press charges, we can arrest him. They were laying out the options.”
But Packer said Rock was “very dismissive” of the idea.
“He was like, ‘No, no, no, I’m fine,” Packer said. “And even to the point where I said, ‘Rock, let them finish.’ The LAPD officers finished laying out what his options were and they said, ‘Would you like us to take any action?’ And he said no.”
The LAPD said in a statement after Sunday night’s ceremony that they were aware of the incident, and that Rock had declined to file a police report. The department declined comment Thursday on Packer’s interview, a longer version of which will air on Friday morning.
The Academy of Motion Pictures Arts and Sciences met Wednesday to initiate disciplinary proceedings against Smith for violations against the group’s standards of conduct. Smith could be suspended, expelled or otherwise sanctioned.
The academy said in a statement that “Mr. Smith’s actions at the 94th Oscars were a deeply shocking, traumatic event to witness in-person and on television.”
Without giving specifics, the academy said Smith was asked to leave the ceremony at the Dolby Theatre, but refused to do so.
Smith strode from his front row seat on to the stage and slapped Rock after a joke Rock made about Smith’s wife, Jada Pinkett Smith, when he was on stage to present the Oscar for best documentary.
On Monday, Smith issued an apology to Rock, the academy and to viewers, saying “I was out of line and I was wrong.”
The academy said Smith has the opportunity to defend himself in a written response before the board meets again on April 18.
Rock publicly addressed the incident for the first time, but only briefly, at the beginning of a standup show Wednesday night in Boston, where he was greeted by a thunderous standing ovation. He said “I’m still kind of processing what happened.”
___
Follow AP Entertainment Writer Andrew Dalton on Twitter: https://twitter.com/andyjamesdalton
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https://www.seattletimes.com/entertainment/oscars-producer-says-police-offered-to-arrest-will-smith/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all
| 2022-04-01T00:19:38Z
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Shares of VeriSign Inc.
VRSN,
+0.15%
inched 0.15% higher to $222.46 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
-1.57%
falling 1.57% to 4,530.41 and Dow Jones Industrial Average
DJIA,
-1.56%
falling 1.56% to 34,678.35. This was the stock's sixth consecutive day of gains. VeriSign Inc. closed $34.57 below its 52-week high ($257.03), which the company reached on December 30th.
The stock outperformed some of its competitors Thursday, as Verizon Communications Inc.
VZ,
-1.30%
fell 1.30% to $50.94, AT&T Inc.
T,
-2.11%
fell 2.11% to $23.63, and International Business Machines Corp.
IBM,
-1.60%
fell 1.60% to $130.02. Trading volume (641,945) remained 5,132 below its 50-day average volume of 647,077.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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https://www.marketwatch.com/story/verisign-inc-stock-rises-thursday-outperforms-market-01648762029-e46ac1533319
| 2022-04-01T00:19:39Z
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WASHINGTON, April 1 ― President Joe Biden announced yesterday a record release from US strategic oil reserves to “ease the pain” of soaring domestic fuel prices, saying the “wartime” measure will defuse Russia's leverage as an energy power.
Biden laid out the giant release ― a million barrels of US government oil every day for six months ― in a speech where he blamed Russian President Vladimir Putin for causing fuel cost increases and also accused big oil companies of putting profits ahead of the national interest.
The bold measure, by far the biggest use of the strategic stockpile in history, aims to cool down the overheated global oil market and calm inflationary shockwaves ripping through the American economy.
In addition to the main US contribution, other countries have agreed to dip into their own reserves in a coordinated approach, the White House said, without saying which nations were participating.
“It will provide a historic amount of supply for a historic amount of time,” Biden said, calling the use of reserves a “wartime bridge” to get the country through until oil companies ramp up production.
In the meantime, the daily US oil injection will “ease the pain that families are feeling,” Biden said.
Struggling with bad poll numbers and November's looming midterm elections, when Republicans are forecast to take over Congress from the Democrats, the president is scrambling to distance himself from the spiralling prices ― and show he has solutions.
The Democrat called cost increases the “Putin price hike,” underlining that the attack on Ukraine by top energy producer Russia, followed by Western sanctions, caused the surge.
Allies are “coming together to deny Putin the ability to weaponize his energy resources against American families, and families and democracies around the world,” he said.
Biden also aimed strikingly tough comments at oil companies, which he said were hoarding supply.
“This is not the time to sit on record profits,” he said. “Provide some relief for your customers, not investors and executives.”
Oil prices fell sharply even on initial reports of the plan, which came as the Opec+ group of petroleum exporters decided to raise output only modestly despite the jump in crude prices in the wake of Russia's invasion of Ukraine.
Congressional Republicans were unimpressed by Biden's move, issuing a statement that the oil reserves were not meant to be used as a “political Hail Mary” and only in “national security emergencies and major weather events.”
Fallout from Russia sanctions
The release dwarfs earlier uses of the strategic stockpile announced by the Biden administration in tandem with other countries on March 1 following the Russian attack, and also last year in response to rising inflation.
Despite a strongly rebounding economy and rapidly receding Covid-19 pandemic, Biden is getting little credit from voters, who instead blame him for rising prices everywhere from the supermarket to car dealerships.
Supply chain snags related to the different pace of economic recoveries around the world are part of the inflation phenomenon. Also underlying the politically perilous trend are ever higher fuel costs, which in turn push up prices for transport of almost all goods.
For US motorists, the price shock as they fill cars is a constant irritation. “I did this,” reads a sticker featuring a picture of Biden that has been fixed next to pump handles in many stations.
Gasoline prices currently stand at an average of US$4.23 (RM17.80) a gallon, up 47 per cent from their level a year ago.
Oil prices surged close to US$140 a barrel in March. Prices have retreated somewhat since the United States banned Russian energy imports on March 8, but have lingered above US$100 a barrel most of the subsequent period. ― AFP
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https://www.malaymail.com/news/money/2022/04/01/biden-says-unprecedented-use-of-oil-stockpile-will-ease-us-fuel-costs-pain/2050900
| 2022-04-01T00:19:39Z
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The Public Health Agency of Canada has declared an outbreak of norovirus linked to the consumption of raw B.C. oysters.
The outbreak has impacted people in B.C., Alberta, Saskatchewan and Ontario — though as of March 30, 262 of the 279 reported cases are in B.C. There have been no deaths associated with the outbreak.
Individuals became sick with norovirus after ingesting raw oysters farmed on B.C.’s west coast. Health Canada recalled certain brands of oysters that were believed to be related to the norovirus outbreak on Feb. 18, March 20, March 23, and March 27, 2022.
READ MORE: Health Canada recalls certain B.C. oysters due to norovirus contamination
The Canadian Food Inspection Agency is continuing an investigation into the outbreak which could lead to further recalls. Any recall notices will be shared publicly.
To avoid norovirus infection from oysters, make sure they are cooked thoroughly to an internal temperature of 90 degrees celsius for 90 seconds before eating. Public health agencies do not recommend consuming raw oysters.
If you believe you became sick from consuming the recalled oysters, Health Canada recommends contacting a doctor. Anyone who believes they purchased the product should check to see if they have it in their home or business. Do not consume the recalled oysters — either throw them away or return them to the place of purchase.
When people become sick with norovirus they typically develop symptoms of gastroenteritis within 24 to 48 hours, but symptoms can start within 12 hours after exposure. Even after becoming infected with norovirus, you can become re-infected. The main symptoms include nausea, diarrhea, vomiting and stomach cramps. Other symptoms may include a low-grade fever, headaches, chills, muscle aches and fatigue.
Most people start to feel better after a day or two, however in severe cases, some patients require hospitalization. Those most at risk of severe outcomes from norovirus infection include pregnant women, people with compromised immune systems, young children and seniors.
@SchislerCole
cole.schisler@bpdigital.ca
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https://www.trailtimes.ca/news/279-people-infected-with-norovirus-from-b-c-oysters-public-health-agency-says/
| 2022-04-01T00:19:39Z
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Vicinity Motor Corp. Announces Appointment of Global Automotive Executive Dennis Gore as Vice President of Engineering
Dennis Gore Brings 35+ Years of Experience from Zero Motorcycles, Honda, Mitsubishi Motors and Gillig Bus Among Others
VANCOUVER, BC / ACCESSWIRE / March 31, 2022 / Vicinity Motor Corp. (NASDAQ:VEV)(TSX-V:VMC)(FRA:6LGA, Financial) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced the appointment of global automotive engineering executive Dennis Gore as Vice President of Engineering.
Dennis brings over 35 years' experience in leading the successful development of both traditional and electric vehicles at leading automotive OEMs globally. Prior to joining Vicinity, Dennis was Director of Vehicle Engineering at Gillig Bus, a major heavy duty transit bus manufacturer developing and manufacturing custom configured vehicles including full battery electric powertrains. He previously served with Zero Motorcycles, a premier electric motorcycle manufacturer, as Vice President - Engineering and New Product Development where he was responsible for management and oversight of the product development organization. Previously, Dennis served in engineering leadership roles at Honda, Mitsubishi Motors, Chery Automobile Company and Visionary Vehicles. Dennis holds a Bachelor of Science Degree, Mechanical Engineering from Kettering University.
"Dennis's broad automotive experience with both startup and established automotive manufacturers, as well as his expertise in electric vehicles, will be an invaluable addition to Vicinity's engineering team," said William Trainer, Founder and CEO of Vicinity Motor Corp. "His ability to establish and grow strong engineering teams capable of delivering complex vehicle programs on time, on cost, and on quality will be essential to the production and assembly team - which he will support on-site at our new U.S. Assembly Facility in Washington state.
"Dennis brings the right blend of leadership experience, business acumen and technical expertise to lead and grow Vicinity's world-class product portfolio. I look forward to his many contributions going forward as we continue to scale our electric vehicle product line to meet the immense demand in the marketplace today," concluded Trainer.
Supplementary Director's Remuneration Update
The Company also announces the granting of Deferred Share Units ("DSU"s) and stock options. Certain Eligible Directors have requested that their respective director's remuneration for the calendar year 2022 be paid in Deferred Share Units ("DSUs") and accordingly, the Company has granted 59,375 DSUs in connection with Directors Remuneration for Q1. The Company has also granted 40,000 incentive stock options to certain directors and/or officers. The options will be exercisable, in whole or in part, at a price of $2.40 for a period of five years with vesting over three years.
About Vicinity Motor Corp.
Vicinity Motor Corp. (NASDAQ:VEV)(TSX-V:VMC)(FRA:6LGA, Financial) is a North American supplier of electric vehicles for both public and commercial enterprise use. The Company leverages a dealer network and close relationships with world-class manufacturing partners to supply its flagship electric, CNG and clean-diesel Vicinity buses, the VMC 1200 electric truck and a VMC Optimal-EV shuttle bus. In addition, the Company sells its proprietary electric chassis alongside J.B. Poindexter business unit EAVX, the Company's strategic partner, for upfitting into next-generation delivery vehicles. For more information, please visit www.vicinitymotorcorp.com.
Company Contact:
John LaGourgue
VP Corporate Development
604-288-8043
[email protected]
U.S. Investor Relations Contact:
Lucas Zimmerman or Mark Schwalenberg, CFA
MZ Group - MZ North America
949-259-4987
[email protected]
www.mzgroup.us
Canadian Investor Relations Contact:
MarketSmart Communications Inc.
877-261-4466
[email protected]
Neither the TSX-V nor its Regulation Service Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities laws. All statements, other than statements of historical fact, included herein are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially from Vicinity's expectations include uncertainties relating to the economic conditions in the markets in which Vicinity operates, vehicle sales volume, anticipated future sales growth, the success of Vicinity's operational strategies, the timing of the completion of the vehicle assembly facility in the State of Washington, the effect of the COVID-19 pandemic, related government-imposed restrictions on operations, the success of Vicinity's strategic partnerships; and other risk and uncertainties disclosed in Vicinity's reports and documents filed with applicable securities regulatory authorities from time to time. Vicinity's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. Vicinity assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law.
SOURCE: Vicinity Motor Corp.
View source version on accesswire.com:
https://www.accesswire.com/695577/Vicinity-Motor-Corp-Announces-Appointment-of-Global-Automotive-Executive-Dennis-Gore-as-Vice-President-of-Engineering
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https://www.gurufocus.com/news/1676082/vicinity-motor-corp-announces-appointment-of-global-automotive-executive-dennis-gore-as-vice-president-of-engineering
| 2022-04-01T00:19:39Z
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Police: Officer kills man who armed himself while in custody
A Florida police officer fatally shot a man who was able to arm himself after being arrested Thursday, officials said.
The shooting occurred shortly before noon at a western Miami-Dade home, according to a police news release.
Miami-Dade police officers had been assisting Homeland Security Investigations and the U.S. Marshals Service when they took a 53-year-old man into custody, police said. The man complained of feeling ill, and Miami-Dade Fire Rescue responded to evaluate him. During the evaluation, the man somehow armed himself, and shots were fired, officials said.
The man died at the scene. No other injuries were reported.
The shooting is being investigated by state police officials.
Police didn’t immediately release the names or races of the dead man or the officer who shot him.
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| 2022-04-01T00:19:39Z
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| 2022-04-01T00:19:39Z
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PHILADELPHIA — Come Saturday night, Allan Ray will grab his red marble composition book and his black-ink Sharpie pen, get comfy on the living room couch in his Atlanta home, and fire up his television and his Twitter account for his favorite pastime. Ray was a member of Jay Wright’s first recruiting class at Villanova, a group that entered the university in 2002 and included Randy Foye, Curtis Sumpter, and Jason Fraser, the class that changed everything for the program.
But it’s not his 2,025 career points or his upcoming induction into the Big Five Hall of Fame that make Ray such a marvelous person to follow on social media. He’s an open and accurate source of deep insight into the strategies that Villanova wields, into the statistics and trends that promise to tell the tale of a particular game against a particular opponent. Take the Wildcats’ last two opponents: Michigan and Houston. Had you read Ray’s posts, you wouldn’t have been surprised to see 6-foot-7 Jermaine Samuels’ driving past 7-foot-1 Hunter Dickinson again and again, one left-handed layup after another leading to a 22-point night for Samuels and a 10-point Villanova victory.
“Michigan has a HUGE problem in ball screen defense when Hunter Dickinson is involved,” Ray wrote the night before the game. “IMO he is a liability in P&R and 1on1.”
He was more partisan in the aftermath of the Wildcats’ win over the Cougars, boiling it down to a one-sided battle of acumen and execution between Jay Wright and Kelvin Sampson. “Coach Wright outcoached Sampson. Jay made sure Houston was not going to play up tempo. … Coach just put him in his place tonight.”
Does he pump Wright and Villanova’s coaching staff for intel and information before he posts? He does not. He does not need to. The Wildcats ran more down screens back when Ray played, to free him up for jumpers and 3-pointers. Other than that, little looks different to him.
“If you think about it, I was at Villanova four years,” he said in a recent phone interview. “I learned all of this stuff from these guys. So I’m pretty sure most of the stuff I’m seeing is already on their scouting report anyway. It’s pretty much the same thing.”
That unbroken thread stretches 20 years now, from what Ray was doing as a player to what he tracks as an amateur analyst, from the first great teams of Wright’s tenure at Villanova to a seven-year stretch that has established him as college basketball’s best coach. Four Sweet 16s, three Final Fours, and at least two national titles since 2016: Wright insists that none of that success would have been possible without that first class of recruits he coaxed to the Main Line. Without Ray and Foye, there’s no Kyle Lowry and Mike Nardi. Without Lowry and Nardi, no Scottie Reynolds. Without each link in the rest of that chain, no Collin Gillespie, no Samuels, no chance at glory again this weekend in the Superdome.
“Every time I text Coach Wright — I swear, every single time — he says that to me,” said Ray, 37, whose NBA career lasted 42 games, who played professionally in Europe and the Middle East for 12 years, and who now sells real estate and is working toward becoming an agent. “He’s like, ‘A-Ray, thanks for laying the foundation. You guys laid the foundation.’ He says that every time. So when I do watch these games, it makes me real proud to see these guys playing, winning national championships, because it wasn’t like that before we got there. Not to throw shade at anybody, but I feel like we really established a culture there at Villanova, and that’s the culture you see today.”
Jay Wright’s first class
Ray was Wright’s first major recruit at Villanova, a skinny guard who could slither to and score from anywhere on the court, toughened by growing up on Anderson Avenue in the Bronx, high on a hill above Yankee Stadium. Kerry Kittles had been his favorite college player — “One sock up, one sock down,” Ray said — and when Joe Jones, a member of Wright’s first staff at Villanova and now the head coach at Boston University, spent a day in Ray’s neighborhood with him, sharing a Chinese-food lunch near the courts at Nelson Playground, the teenager was ready to sign his commitment letter then and there.
“It was the family atmosphere that Coach created within Villanova,” Ray said. “Talking with him, talking with some of the assistant coaches, I felt like I knew these guys for years. That’s how great the atmosphere was.”
Sumpter, Foye, and Fraser followed, each of them a star at a New York or North Jersey high school, none of them prepared for the demands that Wright would place on them, for the contrast between the counselor he was to them off the court and the madman he was at practice.
“Coming to college and having a coach yell at you because you’re not diving on the ball, you’re like, ‘What are you talking about?’ ” Ray said. “So it was a little learning curve for us to be able to get that down, and once we did that, we started to get a little more confidence in ourselves.”
In the narrative of the Wildcats’ rise under Wright, their 83-62 thrashing of No. 2-ranked Kansas in January 2005 is regarded as a turning point, the bullhorn blast announcing the program’s renaissance. But Ray pointed instead to an earlier watershed moment: a 75-74 overtime loss to Connecticut on Feb. 28, 2004. Those Wildcats would finish that season just 18-17, and those Huskies, with four NBA lottery picks on their roster, would win the national championship a month later. “We gave them a run for their money, and we were just puny sophomores,” Ray said. “From there, we realized we could play with anybody.”
The following season, Villanova won 24 games, reaching the Sweet 16 for the first time under Wright. Only an infamous phantom traveling call on Ray might have kept the Wildcats from upsetting North Carolina and reaching the Elite 8, and even the slightest mention of that game gets Ray a little heated again over the referee’s error and one analyst’s judgment that the call was correct.
“As I dribbled and picked the ball up, it was two steps,” Ray said. “I don’t know what Bill Raftery was talking about.”
In 2006, Villanova took the next step, riding Wright’s creative four-guard lineup to within one victory of the Final Four, losing to a deeper, superior Florida team. Afterward, the exhausted Wildcats were strewn about their locker room in the Metrodome, IVs forcing fluids into their arms, the scene setting the measure for how far a Villanova team could and should push itself.
“We are forever grateful for them,” Wright said. “I tell them that all the time. ‘We’re standing on your shoulders.’ They always follow everything I say to them with ‘No, if not for you, Coach …’ But it’s not true. If those players don’t choose to come here and don’t allow us to coach them, none of this happens for us.”
That’s the gentle text-message debate that has taken place after every Villanova victory in this NCAA Tournament, and it will take place again Saturday night should the Wildcats knock off Kansas. Allan Ray will set aside Twitter and his notebook and pen and pick up his phone, and he’ll type out a quick note to his coach, and Jay Wright will write him back. It was you, Coach. … No, it was you guys, A-Ray. An exchange of thank-yous 20 years in the making, a standard 20 years in the maintaining.
©2022 The Philadelphia Inquirer. Visit inquirer.com. Distributed by Tribune Content Agency, LLC.
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https://www.eagletribune.com/mike-sielski-villanova-s-era-of-excellence-is-20-years-in-the-making-just-ask/article_9cb1cac1-9471-589f-a645-0c7cc2f461f5.html
| 2022-04-01T00:19:40Z
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Overnight Defense & National Security — More troops dispatched to Europe amid crisis
It’s Monday, welcome to Overnight Defense & National Security, your nightly guide to the latest developments at the Pentagon, on Capitol Hill and beyond. Subscribe here: thehill.com/newsletter-signup.
The Pentagon will send more U.S. troops and military equipment to Europe as Russia continues its violent and unprovoked attack on Ukraine, now in its 12th day.
We’ll have the details of where troops are being sent and an update on the conflict on the ground, plus what’s happening to the U.S. military’s fuel storage facility that leaked in Hawaii and the status of the Marine detained in Russia.
For The Hill, I’m Ellen Mitchell. Write me with tips at emitchell@thehill.com.
Let’s get to it.
500 troops to go to Poland, Germany, Romania
Defense Secretary Lloyd Austin over the weekend ordered roughly 500 additional troops to Poland, Romania and Germany “to respond to the current security environment in light of Russia’s renewed aggression against Ukraine” and to bolster NATO’s eastern flank, a senior defense official said Monday.
The official stressed President Biden’s assertion that no American troops will be sent to Ukraine and that the additional forces are “enablers” going to NATO allies “to shore up capabilities that are already there.”
Also going: As part of the new deployment, KC-135 refueling aircraft will be sent to Greece, though it was unclear how many aircraft would be sent or where they would come from.
Additionally, an air support operation center will be deployed to Poland and Romania, and an ordinance company and a maintenance company will be sent to Germany for “additional logistic support to the 1st Armored Brigade Combat Team, 3rd Infantry Division” already deployed there, the official said.
The numbers now: The U.S. military now has about 100,000 personnel stationed in Europe on either a rotational or a permanent basis as Russia’s violent incursion into Ukraine comes up on its two-week mark.
‘Enablers’: The Biden administration has emphatically rejected the idea of sending U.S. forces to help Ukraine battle the Kremlin, with the thinking that such a move would set off another world war. But as the violence threatens to spill over into neighboring NATO countries, the U.S. has deployed or repositioned more than 15,000 American soldiers and airmen to Germany, Poland, Romania and Lithuania.
Austin decided to send the extra 500 troops and military equipment after conversations he had with Joint Chiefs of Staff Chairman Gen. Mark Milley and U.S. European Command head Gen. Tod Wolters “that these additional enablers would be useful for the forces that are already forward as well as those that were being repositioned inside Europe,” the official said.
More Russia rocket strikes but no extra troops
The United States has “not seen indications” that Russia is preparing to move additional forces into Ukraine beyond what the Kremlin amassed near the border prior to the invasion, a senior defense official said Monday.
Russia has sent into Ukraine “nearly 100 percent” of the more than 150,000 troops and equipment placed near its borders in Russia and Belarus. But beyond that, Washington has “not seen indications that they are preparing to move additional battalion tactical groups from elsewhere in the country to shore up what they’ve put into Ukraine,” the official told reporters.
“We have not seen any indication that [Russian President Vladimir Putin] is going to go beyond the amassed combat power that he had already developed.”
Why it’s significant: The findings are noteworthy as they could indicate an unwillingness to sacrifice more Russian troops in the conflict, which has seen the Kremlin bogged down with supply issues and fierce opposition from Ukrainian forces.
That line of thinking is further bolstered by Russia’s move to recruit Syrian fighters to help in the fight, a development first reported Sunday by The Wall Street Journal and confirmed by the official on Monday.
The U.S. military is “not seeing a lot of progress” by Russian forces, who “continue to be frustrated by a stiff Ukrainian resistance, as well as their own internal challenges,” the official said.
Strikes pick up: Russia is, however, “increasing bombardments” of major Ukrainian cities including Kyiv, Kharkiv, Chernihiv, Mykolaiv and the southern port of Mariupol, and has launched more than 625 missiles against Ukraine since the incursion started 12 days ago.
“We certainly have noticed increases in what we call long-range fires … bombardment, rocket attacks, artillery, as well as missile strikes, and we do assess that these strikes are hitting civilian targets, civilian infrastructure, residential areas,” the official said.
The strikes are “happening on a greater rate and a greater scale,” likely to “supplement or to make up for the lack of ground movements that they have had and the lack of air superiority that they don’t enjoy.”
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Putin’s attacks raise pressure on US, NATO
Russian President Vladimir Putin’s increased aerial bombardment of civilian areas in Ukraine has triggered allegations of war crimes and raised pressure on the West to take more direct action to save lives.
President Biden has yet to publicly reject a no-fly zone, but U.S. officials have said the measure is a non-starter to avoid open military conflict between the West and Russia.
But some experts and lawmakers warn that such declarations might embolden Putin to further carry out atrocities by drawing a line on the steps the U.S. and its allies are willing to take.
Don’t take it off the table: Evelyn Farkas, former deputy assistant secretary of Defense for Russia, Ukraine and Eurasia under the Obama administration, said she is not advocating for a no-fly zone but wouldn’t take it off the table.
“I don’t want to telegraph to Putin ahead of time what we want to do, especially because we know he’s capable of practically anything and we are trying to deter him from further horrific action, from cutting off future options for Ukraine, assistance to Ukraine or our defense of NATO,” she said.
Attacks worsening: The Biden administration, Ukrainian officials and NATO have all said there are credible reports that Russia has dropped so-called cluster and vacuum bombs on targets in Ukraine. They say the munitions likely violate international law for causing wide-scale damage and death.
Yet despite the indiscriminate aerial attacks, Biden administration officials and NATO’s secretary-general have seemed to explicitly rule out the idea of a no-fly zone with comments over the past week.
Pentagon shuttering fuel tank facility
Defense Secretary Lloyd Austin on Monday directed the Navy to permanently close a fuel storage facility in Hawaii that leaked petroleum into a drinking water system for 93,000 people late last year.
“After close consultation with senior civilian and military leaders, I have decided to defuel and permanently close the Red Hill bulk fuel storage facility in Hawaii,” Austin said in a statement released Monday.
A ‘multi-step process’: Austin ordered Navy Secretary Carlos Del Toro and U.S. Indo-Pacific Command head Admiral John Aquilino “to take all steps necessary” to shutter the facility at Joint Base Pearl Harbor-Hickam in Honolulu, Pentagon press secretary John Kirby later told reporters.
Austin said the effort will be a “multi-step process,” during which the Defense Department will work closely with the Hawaii Department of Health and with the Environmental Protection Agency (EPA).
Some previous tension: The directive caps a somewhat contentious back and forth between defense officials and Hawaii’s government leaders after fuel leaked from tanks at the storage facility in November and contaminated Pearl Harbor’s drinking water, sickening nearly 6,000 people, most of whom lived in military housing.
The aging tanks had been built during World War II and were used to store fuel for ships and aircraft to be refueled at Pearl Harbor.
Hawaii officials quickly issued an emergency order for the Navy to drain the fuel tanks and not use them again until it can prove it can do so safely. The service initially said it would comply but then in February decided to fight the directive, angering state leaders.
How long will it take?: Austin’s decision on Monday is based on a “thorough review of the facility’s long-term future,” Kirby said, adding the defueling “will probably take somewhere within 12 months or so” to fully drain and close it.
Department of Defense (DOD) leaders “remain very, very focused on this issue and the impact it’s had on families, communities, and of course, our responsibilities in both national security and being good stewards of our resources and the environment,” Kirby said.
Where will the fuel go?: The Navy will now work to defuel Red Hill and reposition the fuel to locations on land and fueling ships based at sea. Kirby said the move will better disperse fuel which will allow the U.S. military “to meet future challenges in the Pacific region while ensuring environmental stewardship and protecting the population.”
An assessment team that had already been sent to Red Hill to figure out how to make the facility operational again will “shift their focus” to figure out how to go about the defueling, Kirby explained. That report is due to Austin by the end of April.
Marine’s family says Biden declined meeting
Relatives of Trevor Reed, a U.S. Marine detained in Russia, say they plan to stage a demonstration outside the location of President Biden’s upcoming address in Fort Worth, Texas on Tuesday after the White House declined a meeting with them during the trip.
Trevor Reed’s father, Joey Reed, told The Hill in an interview that the White House cited schedule constraints in declining the meeting. President Biden is slated to travel to Fort Worth to visit the local Veterans Affairs facility and discuss expanding health care access for veterans affected by burn pit exposures.
An ‘act of desperation’: Reed’s parents, Joey and Paula Reed, and his sister, Taylor Reed, are expected to demonstrate to raise awareness about his case on Tuesday morning instead, according to a spokesman for the family.
Joey Reed said the demonstration is an “act of desperation.”
“We desperately want to meet with our president who we voted for,” he told The Hill in an interview Monday. “Our family are centrists.”
“We just think that it would benefit everyone if we could just speak to him for a few minutes,” he said.
Some background: Trevor Reed, a Texas native, was detained in Russia in 2019 on charges of assaulting a police officer during a drunken incident. He was sentenced to nine years in prison in July 2020. Reed says he does not remember the incident and his family believes that Russia jailed him in hopes of using him as a pawn in a larger fight with the U.S.
During his service in the Marines, Reed served as a presidential guard at Camp David during the Obama administration.
The U.S. has called Reed’s detention unjust and has been working to secure his release, to no avail. His family now has concerns that the recent Russian invasion of Ukraine could negatively impact his case given the break in U.S.-Russian relations.
ON TAP FOR TOMORROW
- President Biden will travel to Texas to “speak with veterans, caregivers, and survivors about addressing the health effects of environmental exposures such as burn pits,” per the White House.
- Army Chief of Staff Gen. James McConville will speak at the Association of the U.S. Army’s “Coffee Series” at 7 a.m. at the National Museum of the U.S. Army at Fort Belvoir, Va.
- The Atlantic Council will host an event on “International Women’s Day 2022: Mainstreaming Gender in Security,” at 9 a.m.
- The Senate Armed Services Committee will hold a hearing on “United States Strategic Command and United States Space Command in review of the Defense Authorization Request for FY2023 and the Future Years Defense Program,” with testimony from U.S. Strategic Command head Adm. Charles Richard and U.S. Space Command leader Army Gen. James Dickinson, at 9:30 a.m.
- The House Select Intelligence Committee will hold a hearing on “Worldwide Threats,” with testimony from CIA Director William Burns; Director of National Intelligence Avril Haines; National Security Agency Director Gen. Paul Nakasone; FBI Director Christopher Wray; and Defense Intelligence Agency Director Lt. Gen. Scott Berrier, at 10 a.m.
- The House Veterans’ Affairs Committee and Senate Veterans’ Affairs Committee, will hold a “Joint House and Senate VSO Legislative Presentation,” at 10 a.m.
- The House Armed Services Committee will hold a hearing on “National Security Challenges and U.S. Military Activity in North and South America,” with testimony from Jennifer Walsh, acting assistant secretary of defense for homeland defense and global security; U.S. Southern Command head Army Gen. Laura Richardson; and Air Force Gen. Glen VanHerck, commander, U.S. Northern Command and North American Aerospace Defense Command, at 10 a.m.
- Former U.S. Southern Command head Adm. Craig Faller will speak at The Atlantic Council on “Global and Latin American Implications of Russia’s Invasion,” at 12:30 p.m.
- The Government Executive Media Group will hold an event on “Accelerating Naval Modernization: A Dispatch From WEST 2022,” at 1 p.m.
- The Center for a New American Security will hear from French Chief of Defence Thierry Burkhard at 2:30 p.m.
- The Senate Foreign Relations Committee will hold a hearing on “Russia’s Invasion of Ukraine: Assessing the U.S. and International Response,” with testimony from Victoria Nuland, undersecretary of state for political affairs, at 3 p.m.
- McConville will also speak at a Center for Strategic and International Studies virtual event on “U.S. Army’s priorities,” at 3 p.m.
- The Carnegie Endowment for International Peace will host a discussion on “Engaging China in Arms Control,” at 7 p.m.
WHAT WE’RE READING
- Pentagon asks Supreme Court to let it curb unvaccinated Navy SEAL deployments
- Pentagon extends National Guard support in DC after trucker convoy arrives
- China warns US against Pacific NATO
- US, Spain join forces in cyberwarfare amid Russia-Ukraine war
- Second Joint Base Andrews intruder at large after search
- US, 10 other countries condemn latest North Korean missile launch
- Australia planning new base that could resupply, maintain US nuclear submarines
- A no-fly zone would give Russia ‘opportunity’ to attack US, Europe, says Ernst
- Blinken says Poland sending fighter jets to Ukraine gets a ‘green light’ from US
- The Hill: Opinion: The new US-Russia cold war will accelerate China’s rise
- The Hill: Opinion: Russia, Ukraine and nuclear weapons
That’s it for today! Check out The Hill’s defense and national security pages for the latest coverage. See you Tuesday.
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https://thehill.com/policy/defense/overnights/597250-defense-national-security/
| 2022-04-01T00:19:38Z
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Prince Andrew took over £1 million from Turkish ‘fraudster’
By Hayley Dixon, Robert Mendick and Victoria Ward
London: Prince Andrew was given more than a million pounds by an alleged Turkish fraudster and is now embroiled in a High Court battle over missing money.
Andrew and his former wife, Sarah, Duchess of York, both received “suspicious” payments on the orders of Selman Turk, a former Goldman Sachs banker, as part of an international £40 million ($70 million) fraud, it is alleged.
This included a £750,000 “gift” paid to the Prince by Nebahat Evyap Isbilen, a 76-year-old Turkish millionairess, who was told that she was paying for help with a passport so she could flee political persecution in her homeland.
The first payment was made days after Turk won an award at the Prince Andrew’s Pitch@Palace competition at St James’ Palace.
Isbilen has told the High Court that she believes the payment to Andrew was connected to Turk’s appearance at the event.
Further payments linked to Turk of £350,000 were made to Andrew through a third-party account that also gave £225,000 to the Sarah Ferguson.
The revelation comes days after Andrew escorted the Queen at a memorial service for his father, Prince Philip, in what was seen as an attempt to begin a rehabilitation of his image.
It also comes weeks after he paid a purported £12 million to settle a case with his sex abuse accuser.
Isbilen is pursuing Turk and various businesses associated with him in the High Court for the return of an estimated £40 million.
Jonathan Tickner, head of fraud and commercial disputes at Peters and Peters, who is representing Isbilen, last night said she was the victim of a “serious fraud” and was “determined to prosecute her claims against all those involved”.
The £750,000 was transferred to Andrew on November 15, 2019, days after he presented Turk with a “people’s choice award” for Heyman AI, a digital bank aimed at millennials that went bust a year and a half later.
Court documents show that Tickner wrote to Andrew in March last year, but he “declined” to respond to questions or give any account of his relationship with Turk. He has repaid the £750,000.
In her witness statement, Isbilen said she had attended the Pitch@Palace event, which she believes may have been at the invitation of Turk. “I can only wonder if there is any connection between this event and the Duke of York transfer,” she said.
Turk’s claim that she needed to pay the Prince for her passport “or for any other purpose” was “false”, details of the High Court civil claim reveal.
Since the case began, her legal team has secured court orders allowing it to search Turk’s bank accounts and those of companies linked to him, which have revealed the further payments to Prince Andrew and Sarah.
Andrew received transfers of up to £350,000 in regular instalments through Alphabet Capital. Tickner said in documents lodged with the court: “The pattern of payments is... consistent with a calculated attempt to facilitate transfers to Prince Andrew and to mask the source of funds.”
He said that “given the circumstances” of the £750,000 payment, and the timings and references of the payments to Andrew and Sarah, there are “strong grounds for inferring” the payments were all made at Turk’s direction.
Ferguson received payments after she was announced as a brand ambassador for Pegasus Group Holdings, a renewable energy firm, in July 2019.
Bank records show that on November 28 2019, £19,000 was transferred to Turk from Las Vegas-based Pegasus, under the reference “Duchess fee pop service”.
At least £225,000 was transferred to an account in the name of Ferguson from Alphabet in regular instalments, and in most cases under the reference “PEG001”, documents allege.
Alphabet was described as “a fraudulent and covert front” in court documents to make payments to those “associated” with Turk, including Andrew, and Isbilen says that she had no knowledge of them.
The Turkish woman said she had trusted Turk “completely, if not blindly” with the management of almost all of her financial affairs after he helped her flee Turkey at a time when she feared she would be arrested and have $US90 million in assets seized.
Ilhan Isbilen, her husband and the former deputy of the ruling AK party, was imprisoned in 2015 after an attempted coup in the country.
Isbilen said she was still in the dark about the extent of her losses but alleges that Turk may have caused her “as much £39.37 million of loss”.
Turk, who has a worldwide freezing order on his assets and has surrendered his passport, denies the allegations against him.
The case involves a complex web of businesses and payments to accounts set up in the UK and abroad, including the Cayman and British Virgin Islands.
David Halpern QC, sitting as a Deputy High Court Judge, granted a search of his premises earlier this month saying there was a “strong prima facie case” for “major fraud” through “undue influence by a trusted adviser over a woman who was vulnerable because of her age, her inability to speak English and her status as a refugee from abroad, and who trusted him as if he were a family member”. The Prince declined to comment when he was approached by The Telegraph.
A spokesman for Sarah Ferguson said: “The Duchess was completely unaware of the allegations that have since emerged against Mr Turk. She is naturally concerned by what has been alleged against him.”
Tickner said: “Mrs Isbilen is the victim of serious fraud and financial wrongdoing carried out at the hands of Selman Turk, a man she trusted to help her through extremely difficult circumstances. He abused her trust and she has brought her claim in the High Court to recover the money taken from her.
“The court documents and decisions given in her case to date speak for themselves. She is determined to prosecute her claims against all those involved.”
Telegraph, London
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https://www.brisbanetimes.com.au/world/europe/prince-andrew-took-over-1m-from-turkish-fraudster-20220401-p5a9ys.html?ref=rss&utm_medium=rss&utm_source=rss_feed
| 2022-04-01T00:19:41Z
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ANKARA, Turkey (AP) — The Turkish prosecutor in the case against 26 Saudi nationals charged in the slaying of Washington Post columnist Jamal Khashoggi made a surprise request Thursday that their trial in absentia be suspended and the case transferred to Saudi Arabia, raising fears of a possible coverup.
The panel of judges made no ruling on the prosecutor’s request but said a letter would be sent to Turkey’s Justice Ministry seeking its opinion on the possible transfer of the file to Saudi judicial authorities, the state-run Anadolu Agency reported. Trial was adjourned until April 7.
The development comes as Turkey has been trying to normalize its relationship with Saudi Arabia, which hit an all-time low following Khashoggi’s grisly October 2018 killing. Turkish Foreign Minister Mevlut Cavusoglu said in an interview on Thursday that Saudi authorities were more cooperative on judicial issues with Turkey, but did not elaborate.
In arguing for the transfer, the prosecutor told the court that the Saudi chief public prosecutor’s office requested the Turkish proceedings be transferred to the kingdom in a letter dated March 13, and that international warrants issued by Ankara against the defendants be lifted, according to the private DHA news agency.
The prosecutor said that because the arrest warrants cannot be executed and defense statements cannot be taken, the case would remain inconclusive in Turkey.
Amnesty International urged Turkey to press ahead with the trial, saying if it is transferred to Saudi Arabia, Turkey will be “knowingly and willingly sending the case to a place where it will be covered up.”
Moving Khashoggi’s trial to Saudi Arabia would provide a diplomatic resolution to a dispute that represented the wider troubles between Ankara and the kingdom since the 2011 Arab Spring.
Turkey under Erdogan supported Islamists as the uprisings took hold, while Saudi Arabia and its ally the United Arab Emirates sought to suppress such movements for fear of facing challenges to their autocratic governments. Meanwhile, Turkey sided with Qatar in a diplomatic dispute that saw Doha boycotted by Bahrain, Egypt, Saudi Arabia and the UAE.
Since then-President Donald Trump lost the 2020 election, the Gulf Arab states have set aside — but not fully resolved — the Qatar dispute. Meanwhile, Turkey under Erdogan has faced a rapid devaluation of its lira currency over his refusal to hike interest rates. Bilateral trade to the kingdom and the UAE, a major transshipment point for the world economy, also collapsed.
Since the start of 2022, Erdogan has sought to improve those ties, including making his first visit to the UAE in nearly a decade. Saudi Arabia and the UAE, after fighting through the coronavirus pandemic’s economic effects, facing a grinding war in Yemen and struggling with renewed tensions with Iran, also want to resolve the outstanding feud.
Khashoggi disappeared on Oct. 2, 2018, after entering the Saudi consulate in Istanbul, seeking documents that would allow him to marry Hatice Cengiz, a Turkish national who was waiting outside the building. He never emerged.
Turkish officials allege that the Saudi national, who was a United States resident, was killed and then dismembered with a bone saw inside the consulate. His body has not been found. Prior to his killing, Khashoggi had written critically of Saudi Arabia’s crown prince in columns for the Washington Post.
Turkish authorities said he was killed by a team of Saudi agents. Those on trial in absentia include two former aides of the prince.
Saudi officials initially offered conflicting accounts concerning the killing, including claims that Khashoggi had left the consulate building unharmed. But amid mounting international pressure, they stated that Khashoggi’s death was a tragic accident, with the meeting unexpectedly turning violent.
Turkey decided to try the defendants in absentia after Saudi Arabia rejected Turkish demands for their extradition.
The slaying had sparked international condemnation and cast a cloud of suspicion over Saudi Crown Prince Mohammed bin Salman. Western intelligence agencies, as well as the U.S. Congress, have said that an operation of this magnitude could not have happened without his knowledge.
In urging Turkey to proceed with the trial, Amnesty International said Ankara would be complicit in a coverup if it grants the Saudi request for a transfer.
“If the prosecutor’s request is granted, then instead of prosecuting and shedding light on a murder that was committed on its territory … Turkey will be knowingly and willingly sending the case to a place where it will be covered up,” said Tarik Beyhan, Amnesty’s campaign director for Turkey.
Beyhan said he didn’t want to “think about the possibility” that the prosecutor’s request may be related to the improving ties between Riyadh and Ankara.
“Basic human rights … should not be made the subject of political negotiations,” he said. “A murder cannot be covered up to fix relations.”
Some of the men were put on trial in Riyadh behind closed doors. A Saudi court issued a final verdict in 2020 that sentenced five mid-level officials and operatives to 20-year jail terms. The court had originally ordered the death penalty, but reduced the punishment after Khashoggi’s son Salah, who lives in Saudi Arabia, announced that he forgave the defendants. Three others were sentenced to lesser jail terms.
On Thursday, Khashoggi’s fiancee, Cengiz, appeared to criticize the prosecutor’s request in a tweet in English. “It is an exemplary situation in terms of showing the dilemma facing humanity in the modern era,” she wrote. “Which of the two will we choose? To want to live like a virtuous human being or to build a life by holding material interests above all kinds of values.”
She did not respond to a request for comment.
—
Associated Press Writer Jon Gambrell contributed from Dubai.
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https://www.kget.com/news/world-news/prosecutor-seeks-end-to-khashoggi-murder-trial-in-turkey/
| 2022-04-01T00:19:40Z
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This Is The Best Bar In Tennessee
By Sarah Tate
March 31, 2022
Tennessee has no shortage of busy bars, cozy pubs and hidden speakeasies, so there are plenty of options for your next night out. But with so many choices, how do you know where to start?
Mashed recently compiled a list of the best bar in each state, from cash-only dives to carefully crafted cocktails enjoyed with rooftop views. According to the site:
"Tiki taverns, speakeasy spots, historic saloons, and dingy dives; every American state is packed with an abundance of each option. But within each one of their borders is a watering hole a cut above the rest."
So which Tennessee bar was named the best in the state?
Robert's Western World
There are so many honky tonks on Lower Broadway in Nashville, but Robert's Western World has earned the distinction of being the best bar in the state. Robert's Western World is located at 416 Broadway B in Nashville.
Here's what Mashed had to say about the best bar in Tennessee:
"The bar and music venue is known for ice-cold beers, live country and western bands (both kinds of music), and fried bologna sandwiches (via Conde Nast Traveler). Sandwiches and other menu items are made right on the flat grill behind the bar. And as for the name, the space was once a famous instrument shop, but also Rhinestone Western Wear and Robert's Western Bar & Night Club before becoming the famous watering hole. You can still spot boots on display on the other side of the bar."
Check out the full list here to see the best bar in each state.
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https://www.iheart.com/content/2022-03-31-this-is-the-best-bar-in-tennessee/
| 2022-04-01T00:19:42Z
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DETROIT (AP) _ The winning numbers in Thursday evening's drawing of the Michigan Lottery's "Daily 4" game were:
3-0-6-8
(three, zero, six, eight)
DETROIT (AP) _ The winning numbers in Thursday evening's drawing of the Michigan Lottery's "Daily 4" game were:
3-0-6-8
(three, zero, six, eight)
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https://www.houstonchronicle.com/lottery/article/Winning-numbers-drawn-in-Daily-4-game-17049788.php
| 2022-04-01T00:19:42Z
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When you buy a domain name at Dan.com, you’re automatically covered by our unique Buyer Protection Program. Read more about how we keep you safe on our Trust and Security page.
Next to our secure domain ownership transfer process, we strictly monitor all transactions. If anything looks weird, we take immediate action. And if the seller doesn't deliver on their part of the deal, we refund you within 24 hours.
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| 2022-04-01T00:19:43Z
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| 2022-04-01T00:19:43Z
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BURR RIDGE, Ill., March 31, 2022 /PRNewswire/ -- Tony Riley, president of The Mx Group, has been named its new CEO, effective March 1, as founding partner and CEO Andy Mahler steps into the executive chairman role. The Mx Group's other founding partner, Peter Wroblewski, will serve as vice chairman.
"We are beyond excited to see this leadership transition fully executed," said Mahler. "Over the last three and a half years we've added additional talent to an already seasoned senior leadership and director level team and worked closely with team members to ensure great work, high performance and continuity."
In addition to being one of the largest independent B2B agencies in the country, The Mx Group is also one of the fastest growing. The agency has been in business for over 30 years, has five Fortune 500 clients on their roster, and a team of over 150 people they affectionally call Mx'ers. If you haven't heard of them, it could be because they are one hundred percent focused on B2B, a discipline within the advertising industry that doesn't get the attention that B2C does.
"Tony, Nate Ulery as COO, and the senior leadership team have effectively been running the business for the last 18 months," said Wroblewski. "It has been exciting to see how they are iterating our vision and making it better, which is evidenced by our continued revenue growth, expanded service offering and thriving culture."
"Our vision is B2B at scale," said Riley. "We believe that the large holding companies and agencies don't understand the complexities of B2B buying groups, sales cycles and purchase decisions — and honestly don't care to understand it. While there are large pure-play B2B agencies, they tend to focus on one aspect of the customer experience, digital for example. Our opportunity is to bring strategy, creative, digital and technology together under one roof at a scale global B2B marketers can leverage for their brands."
Mahler and Wroblewski will continue to serve as active board members, focusing their energy on acquisitions, the expansion of global partnerships and the ongoing mentorship of the executives and directors that form the leadership at Mx.
About The Mx Group
The Mx Group is an independent, integrated B2B marketing agency with a mission to impact the marketplace for companies that impact the world. For over 30 years, we've created meaningful end-to-end buying experiences for B2B brands. Our clients are leaders and innovators in energy, utilities, manufacturing, hospitality, automotive, health care, technology and SaaS who rely on our expertise to influence and grow their businesses. Our headquarters are in Chicago, but our reach is global. Whether a client is an established or startup B2B brand, we have the people and perspective to be a strong partner that makes a difference.
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SOURCE The Mx Group
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https://www.13abc.com/prnewswire/2022/03/31/leadership-transition-one-largest-remaining-independent-b2b-agencies/
| 2022-04-01T00:19:42Z
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Correction to: Nature Communications https://doi.org/10.1038/s41467-021-27129-3, published online 24 November 2021. The original version of this Article contained an error in Fig. 5, in which the A. coluzzii ortholog of PTP-ER AGAP007118 was incorrectly listed as AGAP028616. In addition, the sentence "Target genes included Anopheles orthologs of FKBP12 (AGAP012184), which encodes the cellular binding partner of the mTOR inhibitor rapamycin; EcR (AGAP028634) and usp (AGAP002095), which encode mediators of an antiproliferative transcriptional response to treatment with ecdysone; and PTP-ER(AGAP028616), which encodes a negative regulator of the mitogen-activated protein kinase (MAPK) signaling cascade that can be suppressed by treatment with the MEK inhibitor trametinib (Fig. 5a; Supplementary Data 3)" was corrected to "Target genes included Anopheles orthologs of FKBP12 (AGAP012184), which encodes the cellular binding partner of the mTOR inhibitor rapamycin; EcR (AGAP028634) and usp (AGAP002095), which encode mediators of an antiproliferative transcriptional response to treatment with ecdysone; and PTP-ER(AGAP007118), which encodes a negative regulator of the mitogen-activated protein kinase (MAPK) signaling cascade that can be suppressed by treatment with the MEK inhibitor trametinib (Fig. 5a; Supplementary Data 3)".
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https://www.newsbreak.com/news/2556444795957/neuromorphic-chip-integrated-with-a-large-scale-integration-circuit-and-amorphous-metal-oxide-semiconductor-thin-film-synapse-devices
| 2022-04-01T00:19:44Z
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APPLE VALLEY, Minn., March 31, 2022 /PRNewswire/ -- Uponor Corporation, the Finland-based parent of Uponor North America, has appointed Jennifer Hauschildt to the newly created position of Chief Human Resources Officer (CHRO) for the company worldwide, while also making her a member of the Uponor Executive Committee. The appointment, effective April 1, makes her the first leader based in North America to be named to the Executive Committee in a non-presidential role.
Based at the Apple Valley headquarters, Hauschildt has been serving as Vice President Human Resources for the North American division since June 2019. Now reporting to Michael Rauterkus, President and CEO, Uponor Corporation, she will continue to work from Minnesota. Hauschildt will travel worldwide, as needed, to establish working relationships across the entire Uponor organization and move key initiatives forward.
"I warmly welcome Jennifer to this new position on our Uponor Executive Committee," says Rauterkus. "She brings excellent organization and high-performance culture development skills, as well as extensive HR experience to the role. I am happy we found her internally, demonstrating our strong in-house experience and talent. Her capabilities and leadership are a great fit for driving the next phase of Uponor's People First agenda."
Hauschildt began her career at Uponor in 2014 as Vice President, IT, at Uponor North America. Prior to joining the company, she worked 20 years at Thomson Reuters and held various leadership positions in human resources, talent development, diversity and IT. She holds a bachelor's degree in mathematics and a master's in business administration.
"In her new role, Jen will be responsible for ensuring alignment between our business strategy and driving a People First culture globally," says John Reutter, Interim President and VP of Finance for Uponor North America. "Her appointment to the Executive Committee perfectly demonstrates our Flexible First working culture, in that It signifies that no matter where an employee is based, there are opportunities for career advancement at Uponor."
Reutter also announced that Erica Amevo, Director of Human Resources at Uponor North America, will assume the role of interim vice president of Human Resources for the division, while a search begins for Hauschildt's permanent replacement. Amevo will report to Reutter and serve on the Senior Management Committee.
"I am excited not only to take on this new role, but also for the importance Uponor is placing on moving our People First culture forward," says Hauschildt. "Our people are our most important asset, and the People First agenda reflects that commitment."
Note: As of April 1, Uponor Corporation's Executive Committee will consist of the following members: Michael Rauterkus, John Reutter and Jennifer Hauschildt, as well as Markus Melkko, CFO; Karsten Hoppe, President, Building Solutions – Europe; and Sebastian Bondestam, President, Uponor Infra.
To learn more about Uponor, click here. To download high-res photography, visit https://uponor.greenhousedigitalpr.com/jennifer-hauschildt/.
© 2022 Uponor Inc.
Uponor is a trademark of Uponor Corporation and Uponor Inc.
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https://www.wmbfnews.com/prnewswire/2022/03/31/uponor-appoints-jennifer-hauschildt-chief-hr-officer-worldwide-company/
| 2022-04-01T00:19:44Z
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Tata Tigor EV Launched In Nepal
Tatas all-electric Tigor EV is Tatas second battery electrical automotive to be exported to Nepal following the Nexon EV.
Tata has launched the Tigor EV in Nepal with costs starting from NPR 29.99 lakh to NPR 32.99 lakh (ex-showroom). Converted to Indian rupees this locations the Tigor EV within the vary of ₹ 18.76 lakh to Rs 20.64 lakh. In comparability costs for the Tigor EV in India begin at Rs 12.24 lakh and prime out at Rs 13.39 lakh (ex-showroom). The Tigor EV is Tata’s second all-electric automotive to go on sale within the Nepalese market following the launch of the Nexon EV in mid-2021.
The battery pack and electrical motor include an 8 12 months and 1,60,000 km guarantee.
Commenting on the event, Mayank Baldi – Head PVIB, Tata Motors, stated, “The Nepal market has been a strong propagator of EVs, which has indeed inspired us to widen our offerings here. We are ecstatic to launch the Tigor EV today, powered by the capable Ziptron Technology.”
Also learn: Tata Motors Teases New EV; Debut On April 6
As with the automotive for the Indian market, Tigor EV for Nepal is powered by an electrical motor drawing energy from a 26kWh IP 67-rated battery pack. The motor places out 74 bhp and 170 Nm of torque with Tata claiming an ARAI licensed vary of 306 km. As with the Indian market, the Tigor EV in Nepal is on the market in three variants- XE, XM and XZ+ – with the totally loaded mannequin accessible with an optionally available dual-tone end.
The battery pack and electrical motor include an 8 12 months and 1,60,000 km guarantee.
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Tata’s line-up of vehicles in Nepal now covers the carmaker’s total India portfolio with fashions starting from the Tiago to the Safari on sale within the nation
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https://thewall.fyi/tata-tigor-ev-launched-in-nepal/
| 2022-04-01T00:19:44Z
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Shares of Verisk Analytics Inc.
VRSK,
-1.08%
slipped 1.08% to $214.63 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
-1.57%
falling 1.57% to 4,530.41 and Dow Jones Industrial Average
DJIA,
-1.56%
falling 1.56% to 34,678.35. The stock's fall snapped a three-day winning streak. Verisk Analytics Inc. closed $16.94 below its 52-week high ($231.57), which the company achieved on November 22nd.
Despite its losses, the stock outperformed some of its competitors Thursday, as Fair Isaac Corp.
FICO,
-2.20%
fell 2.20% to $466.46. Trading volume (1.3 M) eclipsed its 50-day average volume of 1.3 M.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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https://www.marketwatch.com/story/verisk-analytics-inc-stock-outperforms-market-despite-losses-on-the-day-01648762022-60fd95ac401f
| 2022-04-01T00:19:45Z
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PHOENIX (AP) — Arizona Gov. Doug Ducey refused to say Thursday if transgender people actually exist, twice dodging direct questions on the subject just a day after he signed legislation limiting transgender rights.
The Republican worked instead to defend his signatures on bills that bar transgender girls and women from playing on girls high school and women’s college sports teams and barring gender affirming surgery for anyone under age 18.
When specifically asked if he believed that there “are really transgender people,” the governor paused for several seconds before answering.
“I’m going to ask you to read the legislation and to see that the legislation that we passed was in the spirit of fairness to protect girls sports in competitive situations,” Ducey said, referring to the new law that targets transgender girls who want to play on girls sports teams. “That’s what the legislation is intended to do, and that’s what it does.”
Asked again if he believed there are “actual transgender people,” he again answered slowly and carefully.
“I … am going to respect everyone, and I’m going to respect everyone’s rights. And I’m going to protect female sports. And that’s what the legislation does,” Ducey said.
Ducey’s response was “appalling,” according to the Arizona director of the Human Rights Campaign, a national civil rights group that advocates for equality for LGBTQ people. The organization worked to ensure families and transgender young people came to the Capitol to testify against the bills as the Republican-led House and Senate considered them this session.
“It’s quite shocking that he can’t even address trans people or even say that he thinks they exist,” Bridget Sharpe said.
Wednesday’s signing of the two transgender bills and a third that bars abortions after 15 weeks of pregnancy and is currently unconstitutional put Ducey right in the middle of two top issues national Republicans are highlighting in the runup to November’s midterm elections.
Ducey also signed election legislation that minority Democrats said amounted to voter suppression by requiring longtime Arizonans to be thrown off the voter rolls if they did not prove their citizenship and residence location.
The governor leads the Republican Governors Association, which is charged with helping elect GOP chief executives in U.S. states. He in is the last year of his second term as Arizona governor and term limits bar him from seeking reelection.
The top Democrat in the state House, Rep. Reginald Bolding, called Wednesday “probably one of the darkest days we’ve seen in the history of Arizona.”
“With the stroke of a pen, Gov. Ducey has hurled Arizona backwards to its ugliest past,” Bolding said Wednesday. “And today, he put in jeopardy pregnant people, transgender youth in danger and curtailed voting rights for people of color.”
Social conservative groups and the Arizona Republican Party praised Ducey’s action. The Center for Arizona Policy, whose president shepherded the abortion and women’s sports bills through the Legislature, called it a victory.
“Thank you, Governor Ducey, for taking a bold stand for women athletes, vulnerable children, and the unborn by putting your signature on (the bills) in the face of intense opposition from activists,” Center for Arizona Policy president Cathi Herrod said in a news release she posted on Twitter.
She said the legislation protects the unborn, ensures a level playing field for female athletes and shows that “Arizona will do everything it can to protect vulnerable children struggling with gender confusion” by enacting the surgery ban.
Ducey said the surgery ban protects children from irreversible decisions.
“These are permanent surgeries of reassignment that are irreversible, and those discussions can happen once adulthood is reached,” he said.
The American Civil Liberties Association has vowed to sue over the surgery ban. U.S. Supreme Court precedent currently says women have a constitutional right to abortion until about 24 weeks of pregnancy, although it is considering whether to uphold a 15-week ban enacted in Mississippi and may overturn Roe v. Wade, the 1973 decision enshrining a woman’s right to choose.
Arizona joins 13 other states in enacting laws preventing transgender girls and women from playing on girls teams. Utah Gov. Spencer Cox vetoed a transgender sports ban in his state, saying it would harm transgender girls, but the Legislature overrode the veto. Indiana Gov. Eric Holcomb also vetoed a sports bill, but lawmakers hope to override his action as well.
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https://www.seattletimes.com/nation-world/nation/arizona-governor-wont-say-transgender-people-exist/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all
| 2022-04-01T00:19:45Z
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PR Newswire
TORONTO, March 31, 2022
- City of Toronto Social Bond wins Social Bond of the Year, Local Authority/Municipality category – BMO Joint-Lead Manager
- World Bank Sustainability Bond wins Sustainability Bond of the Year, Supranational category – BMO Joint-Lead Manager
- City of Vancouver Sustainability Bond wins Sustainability Bond of the Year, Local Authority/Municipality category – BMO Joint Bookrunner
TORONTO, March 31, 2022 /PRNewswire/ - The City of Toronto Social Bond, the World Bank Sustainability Bond, and the City of Vancouver Sustainability Bond were recognized today by Environmental Finance's 2022 Bond Awards in the categories of Social Bond of the Year – Local Authority/Municipality, Sustainability Bond of the Year – Supranational, and Sustainability Bond of the Year – Local Authority/Municipality. BMO Financial Group (BMO) acted as Joint-Lead Manager on the City of Toronto and World Bank bond issuances, and Joint Bookrunner on the City of Vancouver Sustainability Bond issuance.
The City of Toronto's Social Bond is the city's second Social Bond, following on their inaugural issue in June 2020 – the first-ever Social Bond from a Canadian Government issuer – which BMO also led. The Social Bond, issued under Toronto's Social Debenture Framework, is part of a program to promote positive socioeconomic outcomes, from affordable housing and access to essential infrastructure and services, to socioeconomic advancement and empowerment.
The World Bank Sustainability Bond is an $8 billion 2-year and 7-year Dual-Tranche Fixed-Rate Global Sustainability Bond launched in April 2021. The World Bank has been issuing sustainable development bonds in the international capital markets for over 70 years to fund programs and activities that achieve a positive impact. BMO is proud to be a joint lead-manager on this issuance. World Bank bonds are aligned with the Sustainability Bond Guidelines published by the International Capital Market Association and support the financing of a combination of green and social projects, programs, and activities.
The inaugural City of Vancouver Sustainability Bond was the first Sustainability Bond from a Canadian governmental issuer. Proceeds of the bond are supporting eligible projects such as green buildings, renewal and upgrade of the main sewer and a fire hall, street and bridge infrastructure, an accessibility program to provide access to essential services, a climate emergency response program and a seawall maintenance program.
"As Joint-Lead Manager we're pleased with the recognition the City of Toronto Social Bond, the World Bank Sustainability Bond, and the City of Vancouver Sustainability Bond have received from Environmental Finance," said Jonathan Hackett, Head, BMO Sustainable Finance. "These transactions are leading examples in sustainable financing that we believe will act as a catalyst to others as they explore social and sustainability labeled financing and BMO is excited to be a leader working with our clients in this space -- one that so closely aligns with our Purpose to Boldly Grow the Good, in business and life."
BMO is a recognized sustainability leader
Carbon neutral in its own operations since 2010, BMO announced its Climate Ambition in March 2021 with a commitment to deploy $300 billion in sustainable lending and underwriting to companies pursuing sustainable outcomes by 2025. BMO is focused on being its clients' lead partner in their transition to a net zero world and, since December 2019, has completed green and sustainability-linked loans for companies in a range of sectors, with targets including decarbonization, diversity & inclusion, and health and safety. To support clients' pursuit of opportunities driven by the increasing momentum of the global economy's shift in production and consumption of energy, in 2021 BMO established a dedicated Energy Transition Group and the BMO Climate Institute.
BMO's leadership on sustainability has been recognized by the Wall Street Journal's 100 Most Sustainably Managed Companies in the World, Corporate Knights' Global 100 Most Sustainable Corporations, Dow Jones Sustainability Indices World Index, and Ethisphere Institute's list of the World's Most Ethical Companies.
For more information on BMO's commitment to a sustainable future, please visit the bank's latest Sustainability Report. To learn more about sustainable finance at BMO click here. For BMO's climate ambition, visit its Climate page.
About BMO Financial Group
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider - the 8th largest bank, by assets, in North America. With total assets of $1.02 trillion as of January 31, 2022, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.
View original content:https://www.prnewswire.com/news-releases/bmo-led-sustainability-and-social-bonds-recognized-by-environmental-finances-2022-bond-awards-301515438.html
SOURCE BMO Financial Group
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https://www.gurufocus.com/news/1676083/bmoled-sustainability-and-social-bonds-recognized-by-environmental-finances-2022-bond-awards
| 2022-04-01T00:19:45Z
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What we learned as Alabama gymnastics advanced at NCAA Seattle Regional Final
Alabama gymnastics will not be going home yet. The Crimson Tide's 197.9 score in Seattle on Thursday placed Alabama first in its session, clinching its spot in the NCAA regional final Saturday. Michigan State finished second with a 197.325 and will also advance, while Washington's 197.175 claimed third and BYU's 196.625 finished fourth.
Here's what we learned:
Lilly Hudson, Lexi Graber finish floor strong
Alabama started on floor exercise and had a solid, if unspectacular, start, with 9.85s from both Shallon Olsen and Emily Gaskins and 9.875s from Griffin James and Cam Machado. However, freshman Lilly Hudson and senior Lexi Graber closed the rotation with back-to-back 9.95s, establishing an early Alabama lead.
Luisa Blanco, Makarri Doggette limited
Luisa Blanco left the SEC Championship with an injury after falling off the balance beam, and Alabama coach Dana Duckworth had no update on her prior to Thursday. Makarri Doggette suffered an injury against Georgia in the Power of Pink meet in early February and had not competed in more than one event since then. Both were limited again on Thursday, each scoring a 9.9 on the uneven parallel bars, their only routines of the meet.
More Alabama Gymnastics:Alabama gymnastics second to Florida in SEC Championship. Suni Lee has a perfect 10
Bars hot streak continues
Coming off a performance on the apparatus at the SEC Championship with five 9.9 scores in six routines, Alabama one-upped itself Thursday. In addition to Doggette and Blanco, Machado and Hudson also scored 9.9s. Hudson added a 9.95, and Shania Adams scored a 9.875 that was later changed to a 9.9 by the judges.
15 YEARS OF NICK SABAN:Celebrate Nick Saban's 15 epic seasons at Alabama football with our special book!
What's next
Alabama advances to the regional final Saturday. The Crimson Tide will face off against Michigan State and the top two finishers in Thursday's second session. The meet starts at 7 p.m. CT and will be on ESPN+.
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https://www.tuscaloosanews.com/story/sports/2022/03/31/alabama-gymnastics-advances-ncaa-seattle-regional-final/7169069001/
| 2022-04-01T00:19:46Z
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WASHINGTON, April 1 ― A top US banking regulator told banks yesterday to be more vigilant about guarding against unlikely but extreme risk as Russia's invasion of Ukraine and the surge in crypto trading has created a range of new of new financial threats.
Michael Hsu, the acting comptroller of the currency, said depending on the outcome of the war in Ukraine, banks could face a number of “tail risks,” unlikely but extreme risk events.
He cited the potential spread of the conflict in Europe, Russian cyber attacks, and further surging inflation as risks banks need to stay on top of with internal scenario testing.
“The elevated tail risk environment today warrants heightened attention,” Hsu told the American Bankers Association Risk conference. “It doesn’t take a lot of mental gymnastics to envision scenarios where multiple tail risks materialize simultaneously or in rapid sequence,” he warned.
Hsu also flagged cryptocurrencies, particularly the use of crypto derivatives, as another area where banks need to be vigilant. As banks become increasingly involved in the space, they must grapple with unreliable price histories, he said.
Hsu also said he was worried that banks may wrongly believe they have hedged the risk of certain crypto positions, when they have not. “History is littered with examples of supposedly hedged positions blowing up,” he said. ― Reuters
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https://www.malaymail.com/news/money/2022/04/01/russian-invasion-crypto-trading-drive-tail-risks-for-us-banks-says-regulato/2050898
| 2022-04-01T00:19:45Z
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Report: US military must do more to avoid civilian deaths
The U.S. military needs to adjust its planning, training, targeting and use of weapons in order to better avoid widespread civilian deaths and damage such as the devastating 2017 battle to liberate the Syrian city of Raqqa from Islamic State militants, a new RAND report said Thursday.
The report requested by the Pentagon reflects criticism of the military’s airstrike campaign that, according to some estimates, killed more than 1,600 civilians in Raqqa, as the U.S.-led coalition worked to destroy the Islamic State caliphate that wrested control of large swaths of Iraq and Syria.
Pentagon press secretary John Kirby said the report, which lays out a series of recommendations to improve military procedures and strategy, will be used as the department develops its own broader plan to reduce civlian harm.
“No other military works as hard as we do to mitigate civilian harm, and yet we still cause it,” said Kirby. ”We’re going to continue to try to learn from past issues.”
RAND concluded that the battle for Raqqa provided important lessons.
Michael McNerney, lead author of the RAND report, called Raqqa “a cautionary tale about civilian harm in urban combat.” He said it “should serve as an extra incentive to the DoD to strengthen its policies and procedures to mitigate, document and respond to civilian harm.”
The RAND report noted that there has been a wide range of estimated civilian casualties during the seige, but also said it believes that 60%-80% of Raqqa was left uninhabitable by the time the city was liberated in October 2017.
Initially the U.S.-led coalition estimted that it was responsible for 38 incidents involving 240 civilian casualties — including 178 who were killed. A consortium of local Syrian and international groups, including Amnesty International and Airwars, put the number of casualties at a “high estimate” of 1,600, but said that about 774 of them could specifically be “verified” by data as the result of coalition action.
The report makes it clear that several thousand more civilians likely died, based on the number of bodies uncovered by U.S.-backed Syrian Democratic Forces, but many were probably killed by IS or other fighters on the ground.
“Our report focuses on U.S. actions in Raqqa, but the actions of the Syrian government and its Russian and Iranian partners undoubtedly contributed far more to civilian harm and suffering in Syria overall,” McNerney said.
The report noted that the challenges in Raqqa were compounded by limits on the number U.S. troops that could be there, as well as where they could be positioned. U.S. troops on the ground could have provided better targeting and civilian information, including on Islamic State militants’ efforts to use civilians as human shields, the report said.
RAND recommended that the U.S. military provide more extensive training and guidance on the need to avoid civilian harm, and plan and execute operations in ways to achieve those goals. Changes could include improved planning, better assessments of potential collateral damage, increased mission rehearsals, improved intelligence gathering, and more selective use of air strikes and munitions that minimize bomb fragmentation.
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https://www.sandiegouniontribune.com/news/nation-world/story/2022-03-31/report-us-military-must-do-more-to-avoid-civilian-deaths
| 2022-04-01T00:19:46Z
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Imagine what it would be like if every car in Canada were to careen uncontrollably down a mountain, through a narrow corridor and into the ocean.
That’s approximately what the mass of rock that fell into Elliot Lake, turning a small creek above Bute Inlet into a raging torrent, equated to, according to a new report from researchers on the November 2020 Bute Inlet landslide. According to the paper, roughly 18 million cubic metres of rock descended 1,000 metres into a glacial lake at the head of Elliot Creek in the traditional territory of the Homalco First Nation north of Campbell River on the B.C. mainland coast. The landslide had a mass of 50 million tonnes — equal to the combined mass of every car in the country — and caused a 100 metre Tsunami in a small lake, and sent pretty much everything down the valley to the ocean.
“We expect large events to happen from time to time in areas like that. What’s a little bit unusual though, is the magnitude of the wave. We have seen it in other places too, but I think this is the largest wave we’ve seen in B.C. We haven’t witnessed or seen the effects of anything that has been more than 100 metres high,” said Marten Geertsema, a researcher with the Ministry of Forests. “What’s really remarkable is if you think about that small valley, you wouldn’t be able to outrun this. We lost four million cubic metres of material in that creek in about ten minutes. It eroded to a depth of about 50 metres below the creek bed in a few places. It’s hard to imagine that water power.”
Researchers were quick to head into the valley and collect as much data as possible. Over the past year, they have been compiling and analyzing that data and have recently published their findings.
RELATED: VIDEO: 100-metre wave causes massive washout in Bute Inlet
Researchers see learning opportunity as ‘silver lining’ of Bute Inlet slide
Part of Geertsema’s research is the effects of climate change on natural hazards. Some of the modelling data presented in the paper can be used to help people prepare for the effects of climate change, particularly as rock slides and rock avalanches tend to increase in the mountains as the glaciers that had formerly held the rocks in place melt away.
“We see an increase in rock slides in mountain areas, mainly in under two situations. One is when glaciers are receding, so they’re often on the walls above those glaciers or in the area of those glaciers. The other area is where we have mountain permafrost degradation,” Geerstema said. “We’re doing research in that area right now. We’re exploring, especially these areas where we think landslides could be more likely to increase — along the glacier margins. We’re looking for these kinds of deformations that may give us an indication that slopes may be ready to fail.”
As glaciers melt, they reveal lakes like Elliot Lake that were once hidden beneath ice. The report shows evidence of a similar rockfall in the same area, but since the lake was covered by the glacier at the time there was no catastrophic outburst flood.
“An older landslide scar that is visible in aerial photography reveals that a landslide occurred from the same location before the 1950s,” the report says. “The older landslide likely ran across the glacier before Elliot Lake formed and thus the catastrophic flood experienced during the recent event could not have occurred.”
Over the past hundred years, over 1,000 similar glacial lake outbursts have been recorded around the world, and over 12,500 people have died as a result. In 2017, an outburst flood in Greenland killed four and washed away most of the fishing village of Nuugaatsiaq.
In Canada, most of the events have been in remote areas that have not caused any injury to people, however, the researchers note that “there is no assurance that this will be true in the future, given increased development and tourism in these formerly remote areas.”
LiDAR data compiled by the Hakai Institute has allowed researchers to do modelling of the slopes, which can be used to indicate dangerous areas in the mountains.
“It was really fortunate that we got LiDAR from before the event and then after,” Geertsema said. “That LiDAR was provided by the Hakai Institute, so we’re pretty grateful to them.”
The Southern Coast Mountains of Western Canada has over 8,000 square kilometres of glacier-covered terrain, and it is seeing some of the fastest glacial loss rates in the world.
VIDEO: Quadra Island-based research station investigates Bute Inlet slide
Federal scientists eye Bute Inlet for research potential
Campbell RiverClimate changelandslideNewsStrathcona Regional District
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https://www.trailtimes.ca/news/bute-inlet-slide-was-equal-to-mass-of-every-car-in-canada/
| 2022-04-01T00:19:45Z
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2022-03-28
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| 2022-04-01T00:19:46Z
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SOUTH BEND — Notre Dame has what seems to be an embarrassment of riches at multiple positions heading into 2022.
Arguably the strongest group resides at safety with up to four players good enough to be starters in graduate seniors DJ Brown and Houston Griffith, senior Brandon Joseph and junior Ramon Henderson.
At this point of the spring, Notre Dame safeties coach Chris O’Leary isn’t sure that any of the four will lock down permanent starting positions. As of now, all four have been rotating evenly between the first and second teams.
“That's the mindset,” said O’Leary of having all four play equally. “They know that, and they understand that, and I think what it builds is an understanding that all of you guys are going to be playing. We need everybody. So that unit strength that we're looking for, that’s kind of how we're starting to build that.
“We’ve got four guys that go with the ones and twos. Nobody’s going to be a full-time starter, and they know that. When we go into the spring game, it’s going to be the same thing. When we go into fall camp, I anticipate it being the same.”
BROWN AND GRIFFITH RETURN EXPERIENCE
Both Brown and Griffith have played a significant amount of games in Fighting Irish uniforms and have both earned the inside track of taking the field first when Notre Dame opens the 2022 season in September.
Last season, Brown took a majority of the snaps when former Notre Dame safety Kyle Hamilton suffered a knee injury midway through the campaign.
The graduate senior played in 12 of the 13 games a season ago, racking up 42 tackles, four pass break ups and three interceptions.
Griffith was expected to be one of the team’s best defensive players alongside Hamilton in 2021, and while he started 12 games and had 38 total tackles last season, the veteran failed to register an interception or a pass break up.
Both Brown and Griffith are expected to contribute in bigger ways this season, but learning yet another new defensive system first has been the focus to be able to make the plays they want to during the upcoming season.
“Right now, I feel like it’s a lot of variations of things,” said Brown of the defense. “Right now, it’s a mix of a lot of zone and man coverage to where, last year, we mainly played man coverage. With us changing things up though, it’ll be kind of hard for offenses to read.
“Learning these new tricks within the defense makes the game harder, but just going through the repetition helps. In the third or fourth practice, when we first installed these calls, it might have been harder to think what exactly you’re going to call. But eventually, you get it down, and it becomes second nature.”
JOSEPH BRINGING LEADERSHIP
The safety room got even stronger with the addition of Joseph transferring over from Northwestern this offseason.
The senior comes in with three years of playing experience with the Wildcats, accumulating 129 tackles, nine interceptions and six pass break ups during that span.
“I’ve been pleased with how he fits the culture at Notre Dame,” said O’Leary of Joseph. “He’s a Notre Dame guy. And what that means is he’s blue collar, he’s going to work, he’s going to grind, and he’s going to lead by example. He fits our room, and he fits the team very, very well.”
Based off of his experience and knowledge of the position, Joseph’s been right in the middle of the competition so far within the safety room this spring.
Last Saturday, during the open portion to the media, he was one of the players that stood out the most, making splash plays that weren’t necessarily in abundance at the safety position in 2021 for the Irish.
The transition so far has been swift for Joseph, and his familiarity with Notre Dame defensive coordinator Al Golden’s system grows by the day.
“It’s been great,” said Joseph of his transition to this point at Notre Dame. "I had goals to become a better player, and that’s really what’s been happening. I had a great offseason program that pushed me to my limits and taught me that I could work harder than I thought I could. And now that we’ve gone into spring ball with learning the scheme and learning how to play with these players around me, I’m just so excited to get out there on that field and do it in the fall.”
Along with his play-making ability on the field, his coaches and some of his fellow teammates at safety have mentioned his leadership being a big positive with him as a person. He’s a vocal player on the field, and he’s been building that trust within the defense in that regard.
“I have to gain these guys’ trust first,” said Joseph of being a leader. “I just can’t come in here and start yelling at everyone; that’s not how it works. I have to show these guys that all the hype around me is not fake. I’m here to work as hard as I can to be the best player I can be. And so, once I establish myself with my teammates, that’s when I can start working to being more vocal and becoming a true leader on this team.”
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https://www.eagletribune.com/nd-football-irish-feature-embarrassment-of-riches-at-safety/article_2b2f0f00-6d4b-558f-b570-6d8b2c017e23.html
| 2022-04-01T00:19:46Z
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Biden administration proposing rule to cut truck pollution
The Biden administration announced on Monday that it is proposing a new rule that would aim to slash pollution generated by heavy-duty vehicles, including buses and trucks.
The administration seeks to cut releases of nitrogen oxides — which can contribute to asthma and other lung conditions — from new heavy-duty vehicles by up to 90 percent by 2031 when compared to current standards.
If finalized, this Environmental Protection Agency (EPA) action would be the first update to current regulations in 20 years, and the White House said the measure would have significant public health impacts.
According to a White House fact sheet, the rule would prevent about 2,000 premature deaths as well as 6,700 hospital and emergency room visits. It would also result in 18,000 fewer cases of childhood asthma, the White House said.
Meanwhile, the EPA said that the rule is also expected to set updated greenhouse gas standards for certain types of commercial vehicles — a measure aiming to mitigate climate change.
The transportation sector is the largest contributor to climate change in the U.S. — making up 29 percent of planet-warming emissions. Fossil fuels burned by vehicles are also major contributors to air pollution, which can have harmful impacts on human health.
Monday’s announcement is just the first of several steps the administration is taking to cut pollution from medium- and heavy-duty vehicles.
During a speech announcing the latest steps, EPA Administrator Michael Regan called Monday’s announcement “only the first step in EPA’s three-part plan” to get to a zero-emission freight sector.
He said the agency would aim to cut air and climate pollution from medium-duty vehicles in its second step.
In its third step, the agency will establish “new and significantly stronger” greenhouse gas standards for heavy-duty vehicles starting as soon as model year 2030.
“We’re taking this three-step approach because the freight and trucking sector is broad and complex and because we cannot afford the health, environmental injustice and climate consequences,” he said.
The administration said that it plans to take on Monday’s action in one of two ways.
Under the first, it would ratchet up nitrogen oxide standards for model year 2027 and again in model year 2031. Under the second option, it would tighten the standards only in 2027.
The first method — which the EPA said would cut more pollution — would be expected to result in 50 percent fewer nitrogen oxide emissions from heavy-duty vehicles overall by 2040.
By 2045, when most of the current fleet would have turned over, heavy-duty nitrogen oxide emissions would be down more than 60 percent.
The new efforts were part of a push by several administration officials to highlight investments in cleaner infrastructure, including through the roughly $1 trillion bipartisan infrastructure law.
Vice President Harris joined several Cabinet officials in highlighting portions of that law that provide investments in clean transit.
The bipartisan infrastructure law included some measures aimed at combating climate change, such as a buildout of electric vehicle charges, but some analyses have found it could actually contribute to additional climate change by adding more car lanes and building more roads.
Updated at 1:11 p.m.
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https://thehill.com/policy/energy-environment/597142-biden-administration-proposing-rule-to-cut-truck-pollution/
| 2022-04-01T00:19:47Z
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BERLIN (AP) — Investigators said Thursday they have identified a 32-year-old student as the suspect in the poisoning of seven people at a university in western Germany last year.
In August, prosecutors opened an investigation after employees and students at the Technical University in Darmstadt, south of Frankfurt, received medical treatment for symptoms of possible poisoning. Police said at the time that milk cartons and water containers in a building on the campus appeared to have been contaminated.
On Thursday, they said the 32-year-old from the German city of Mainz, a materials science student at the university since 2017, has been sent to a psychiatric hospital. She is suspected of attempted murder, but officials believe she can’t be held criminally responsible because of a psychiatric illness. Police said the suspect hasn’t yet responded to the allegations.
They said information from over 1,000 witnesses helped firm up their case against the suspect, and that forensic analysis pointed to her having been in the building the night before the victims’ symptoms appeared.
Some of the affected employees were mentioned in notes written by the woman, and the investigation found indications that she felt persecuted by them, police said. They didn’t identify the “harmful substances” that were used.
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https://www.kget.com/news/world-news/student-identified-as-suspect-in-german-university-poisoning/
| 2022-04-01T00:19:47Z
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Utah Man Attempts To Kill Man With Face Painted As 'The Joker': Police
By Dani Medina
March 31, 2022
A Utah man has been arrested after he allegedly painted his face as "The Joker" from Batman before trying to kill someone.
According to ABC 4, police in Vernal, Utah, responded to a home where a man wearing face paint resembling "The Joker" was attempting to break in. The man was later identified as Jonathan Clark.
Police said Clark had a knife in his possession. He told police he stole the knife and face paint from Walmart.
Clark told police he knew and had a prior argument with the man he was attempting to kill. He said he had plans to stab the person to death with the knife he had stolen from Walmart and "would kill anyone that got in his way," police said, according to ABC 4.
Clark has been booked into the Uintah County Jail and is facing charges of attempted homicide, unlawful possession of a dangerous weapon, intoxication and criminal trespass.
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https://www.iheart.com/content/2022-03-31-utah-man-attempts-to-kill-man-with-face-painted-as-the-joker-police/
| 2022-04-01T00:19:48Z
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DETROIT (AP) _ The winning numbers in Thursday evening's drawing of the Michigan Lottery's "Fantasy 5 Double Play" game were:
02-06-11-25-32
(two, six, eleven, twenty-five, thirty-two)
DETROIT (AP) _ The winning numbers in Thursday evening's drawing of the Michigan Lottery's "Fantasy 5 Double Play" game were:
02-06-11-25-32
(two, six, eleven, twenty-five, thirty-two)
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https://www.houstonchronicle.com/lottery/article/Winning-numbers-drawn-in-Fantasy-5-Double-Play-17049787.php
| 2022-04-01T00:19:49Z
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| 2022-04-01T00:19:50Z
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ABERDEEN, N.C., March 31, 2022 /PRNewswire/ -- The fast growth of Moore County, including Aberdeen, Pinehurst, and Southern Pines, caused a few growing pains for General Manager Scott Weaver and his team at Leith Honda Aberdeen, "The growth in Aberdeen is so great that we just outgrew our building. It was time." Last weekend, his team cut the ribbon and drove vehicles to their new, expanded facility adjacent to the original Leith Honda Aberdeen location on US 15-501.
The new building includes an expanded showroom giving customers a more relaxed environment to shop and explore the showcased inventory. Also, their waiting area has expanded for customers' comfort and includes business workstations for those who need to work while they wait.
Weaver and Service Manager Mark Posey are most excited about their new state-of-the-art service department. The new facility holds twice as many service bays as the former building, complete with new tire balancers, express bay lifts, and individual fluid and air filling stations.
"When we have to walk to the parts counter to get oil and washer fluid for our vehicles, it adds to the customer's wait time," said Posey. "Now we will have oil and washer fluid, water, light, and electrical reels right at our fingertips."
Even with a new building, the one thing that won't change is Leith's tradition to take the best care of their customers. Posey says that commitment is what has kept customers coming back for generations. "We've got people that we have retained since I've been here. I have worked on their mother's and grandmother's cars."
LeithCars.com is one of the largest automotive groups in North Carolina. A family business created in Raleigh, Leith Cars has been serving the Triangle community for over 50 years, incorporating over 1,900 North Carolinians into its family. The number one place to buy vehicles in the Raleigh metro area for five years running, according to a Marshall Marketing Survey, the auto dealer has 39 franchise locations throughout the state. For more information, visit www.leithcars.com.
Media Contact:
Lora Johnson
919-832-3232
lora.johnson@leithcars.com
View original content to download multimedia:
SOURCE LeithCars.com
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https://www.13abc.com/prnewswire/2022/03/31/leith-grows-with-moore-county-opens-upgraded-expanded-honda-dealership-aberdeen/
| 2022-04-01T00:19:50Z
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Nesfatin-1, a newly identified energy-regulating peptide, has been reported to possess antioxidant, anti-inflammatory, and antiapoptotic properties; however, to date, its effect on rheumatoid arthritis (RA) has not been previously explored in detail. We previously showed that activation of acid-sensing ion channel 1a (ASIC1a) by acidosis plays an important role in RA pathogenesis. Therefore, in this study, we evaluated the effects of nesfatin-1 on acidosis-stimulated chondrocyte injury in vitro and in vivo and examined the involvement of ASIC1a and the mechanism underlying the effects of nesfatin-1 on RA. Acid-stimulated articular chondrocytes were used to examine one of the several possible mechanisms underlying RA pathogenesis in vitro. The mRNA expression profile of acid-induced chondrocytes treated or not treated with nesfatin-1 was investigated by RNA sequencing. The effects of nesfatin-1 on oxidative stress, inflammation, and apoptosis in acid-induced chondrocytes were measured. The mechanistic effect of nesfatin-1 on ASIC1a expression and intracellular Ca2+ in acid-stimulated chondrocytes was studied. Rats with adjuvant-induced arthritis (AA) were used for in vivo analysis of RA pathophysiology. Cartilage degradation and ASIC1a expression in chondrocytes were detected in rats with AA after intraarticular nesfatin-1 injection. The in vitro experiments showed that nesfatin-1 decreased acidosis-induced cytotoxicity and elevation of intracellular Ca2+ levels in chondrocytes. Moreover, it attenuated acid-induced oxidative stress, inflammation, and apoptosis in chondrocytes. Nesfatin-1 decreased ASIC1a protein levels in acid-stimulated chondrocytes via the mitogen-activated protein kinase (MAPK)/extracellular signal-regulated kinase (ERK) and nuclear factor kappa-B (NF-κB) signaling pathways. In vivo analysis showed that nesfatin-1 ameliorated cartilage degradation and decreased ASIC1a expression in the chondrocytes of rats with AA. Collectively, nesfatin-1 suppressed acidosis-induced oxidative stress, inflammation, and apoptosis in acid-stimulated chondrocytes and alleviated arthritis symptoms in rats with AA, and its mechanism may be related to its ability to decrease ASIC1a protein levels via the MAPK/ERK and NF-κB pathways.
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https://www.newsbreak.com/news/2556444842057/protective-effect-of-ethanolic-extract-of-echinacea-purpurea-contained-nanoparticles-on-meniscal-ligamentous-injury-induced-osteoarthritis-in-obese-male-rats
| 2022-04-01T00:19:51Z
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Shares of Verizon Communications Inc.
VZ,
-1.30%
slipped 1.30% to $50.94 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
-1.57%
falling 1.57% to 4,530.41 and Dow Jones Industrial Average
DJIA,
-1.56%
falling 1.56% to 34,678.35. The stock's fall snapped a two-day winning streak. Verizon Communications Inc. closed $8.91 below its 52-week high ($59.85), which the company reached on May 10th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Apple Inc.
AAPL,
-1.78%
fell 1.78% to $174.61, Alphabet Inc. Cl A
GOOGL,
-2.02%
fell 2.02% to $2,781.35, and AT&T Inc.
T,
-2.11%
fell 2.11% to $23.63.true Trading volume (31.0 M) eclipsed its 50-day average volume of 25.0 M.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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https://www.marketwatch.com/story/verizon-communications-inc-stock-outperforms-competitors-despite-losses-on-the-day-01648762063-05bfb41a069a
| 2022-04-01T00:19:51Z
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BETHESDA, MD / ACCESSWIRE / March 31, 2022 / Alset EHome International Inc. (NASDAQ:AEI) ("AEI" or the "Group"), a diversified holding company principally engaged through its subsidiaries in the development of smart and sustainable home communities and other property development, financial services, digital transformation technologies, biohealth activities and consumer products, announced today its financial results for the year ended December 31, 2021 ("FY2021").
The Group's revenue rose 21.9% to approximately $19.8 million in FY2021 from $16.2 million in FY2020 due primarily to an increase in revenue from its biohealth business and rental income under its real estate business. The Group's cash has more than doubled from approximately $25.0 million as of December 31, 2020 to $56.1 million as of December 31, 2021. In addition, the Group's real estate assets have increased 97.6% to approximately $40.5 million as of December 31, 2021 from $20.5 million as of December 31, 2020. Furthermore, the Group's net assets have increased 173.8% to approximately $170.3 million as of December 31, 2021 from $98.0 million as of December 31, 2020, due mainly to increases in cash, real estate assets and investments in securities.
The Group's FY2021 operating results, however, were negatively impacted by certain accounting charges in connection with related party transactions and unrealized holding losses from investment in securities. Specifically, there was a charge amounting to approximately $50.8 million (recorded as a finance cost) for the beneficial conversion feature relating to the issuance and subsequent exercise of promissory notes issued to Mr Chan Heng Fai, and a charge of approximately $49.2 million related to the recognition of unrealized losses from investment in securities held as of December 31, 2021. These accounting charges were non-cash items and there was no adverse effect on the Group's net asset or financial position as of December 31, 2021.
About Alset EHome International Inc.
AEI is a diversified holding company executing on its vision to accelerate sustainable healthy living with a focus on the development of EHome communities and other property development, financial services, digital transformation technologies, biohealth activities and consumer products. Through its operating subsidiaries, AEI's mission is to provide a healthy living ecosystem that drives long-term exponential growth, building liquidity and value for shareholders.
For more information, please visit: www.alsetehomeintl.com.
Forward-Looking Statements
This press release includes statements that may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that are often difficult to predict, are beyond our control, and which may cause results to differ materially from expectations. For a discussion of the most significant risks and uncertainties associated with the Company's business, please review our filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which are based on our expectations as of the date of this press release and speak only as of the date of this press release. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Contact Information
Alset EHome International Inc.
4800 Montgomery Lane, Suite 210
Bethesda, MD 20814
Email: [email protected]
SOURCE: Alset EHome International Inc.
View source version on accesswire.com:
https://www.accesswire.com/695575/Alset-EHome-International-Inc-Reports-FY2021-Results-with-22-Revenue-Growth-and-Stronger-Financial-Position
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https://www.gurufocus.com/news/1676084/alset-ehome-international-inc-reports-fy2021-results-with-22-revenue-growth-and-stronger-financial-position
| 2022-04-01T00:19:52Z
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