President-elect Donald Trump continues to promise a mass deportation effort when he returns to the White House, but questions remain about how such a policy would affect the Texas workforce. According to the Pew Research Center, nearly 5% of the American workforce consists of undocumented immigrants. In Texas, that number is even higher, with undocumented workers making up 8% of the state’s workforce, totaling more than 1 million individuals. Many of these workers are employed in essential industries, including farming, construction, meatpacking, housekeeping, landscaping and restaurant services. Jon Taylor, a professor of political science at the University of Texas at San Antonio, said mass deportation is a controversial issue, with supporters arguing for stricter immigration policies. One such supporter is Texas State Rep. David Spiller, who represents an area near Fort Worth. “The federal government has identified that about two-thirds of those arrested on federal charges in our country are here illegally,” Spiller said. But if a mass deportation, like the one President Trump has promised, goes forward, the impact on Texas’ workforce could be severe. “It would cripple the Texas economy,” Taylor warned. “There are estimates that Texas would be hit harder than most other states.” Taylor noted that industries reliant on immigrant labor, such as construction and hospitality, may resist mass deportation policies. The rapid growth of cities along the I-35 corridor between San Antonio and Austin could face significant disruption. “We’ve already begun to see some pushback from agricultural interests, particularly in Texas, questioning whether the scope of deportations being promised would harm the state’s agricultural sector,” Taylor said. While the full impact of such policies remains uncertain, Taylor emphasized that the only way to know the consequences is to see them unfold. “If migrants in key industries are suddenly deported, it could lead to a much slower approach to enforcement,” Taylor concluded. As the nation waits to see how Trump’s mass deportation plan develops, Texas’ workforce, particularly in sectors heavily reliant on immigrant labor, faces an uncertain future.Winning the 2024 election didn’t just return Donald Trump to power. It also allowed him to dodge multiple criminal cases . And while his unofficial vice president , Elon Musk, didn’t need a Trump win to stay out of jail—at least under any existing charges—the victory likely freed Musk and his companies from regulatory oversight. That’s an exceedingly lucky break for Musk, currently being scrutinized by multiple government agencies for everything from his inflated claims about self-driving Tesla cars to his SpaceX rocket launches polluting wetlands to his purchase of social media platform X—just to name a few. To be perfectly fair, Trump’s victory means a far friendlier atmosphere for all greedy billionaires who hate regulations, not just Musk personally. But Musk is the one sitting next to Trump at Thanksgiving and the one who threw roughly $260 million at Trump’s campaign while fawning over him on X and in person. So which pesky investigations and regulations is Musk probably free of now that his bestie is headed to the White House? For starters, perhaps he’ll get out from under the alphabet soup of agencies looking into Tesla’s so-called full self-driving system, or FSD. Musk has promised a vision of a completely autonomous hands-free Tesla since 2013 . It’s not a vision that has ever come true. The National Highway Traffic Safety Administration has twice required Tesla to recall FSD because of the system’s bad habit of ignoring traffic laws, including being programmed to run stop signs at slow speeds. In October, the agency opened another inquiry after the company reported four crashes, one of which killed a pedestrian, when FSD was used in low-visibility conditions like fog. The issue isn’t just that FSD is unsafe. It’s also that Tesla hoovered up cash by selling a product that basically doesn’t exist. Tesla owners filed a class-action lawsuit in 2022 alleging the company defrauded them by charging $15,000 for an FSD package that didn’t result in a Tesla being able to drive itself successfully. Tesla’s defense? Full self-driving is merely an aspirational goal, so a failure to provide it isn’t a deliberate fraud—just bad luck. Perhaps that’s the same excuse Tesla would have trotted out in response to the Department of Justice’s criminal investigation into whether the company committed wire fraud by deceiving consumers about FSD’s capabilities and securities fraud by deceiving investors. Trump named former reality show star and former Congressman Sean Duffy to head the Department of Transportation, of which NHTSA is a part, and tapped one of his impeachment defense attorneys, Pam Bondi, to head the DOJ after Matt Gaetz’s nomination flamed out. There’s no reason to think either of these people will grow a spine and continue investigating “ first buddy ” Elon Musk or Tesla. Trump’s election also probably gives SpaceX breathing room. Musk’s private space company, which receives literal billions in government money, hasn’t been terribly interested in following government rules. In September, the Environmental Protection Agency fined SpaceX $148,378 for dumping industrial wastewater and pollutants into wetlands near its Texas launch site. The company paid that fine, albeit with some whining about how it was “disappointing” to pay when it disagreed with the allegations, but it’s planning on challenging the recent $633,000 fine from the Federal Aviation Administration. The regulatory agency proposed the fine after two launches in 2023 where the company allegedly didn’t get FAA approval for launch procedure changes and didn’t follow license requirements. This isn’t SpaceX’s first run-in with the FAA. The aerospace company paid a $175,000 fine in October 2023 over not submitting required safety data to the agency before a 2022 launch of Starlink satellites. After an April 2023 launch where one of the company’s rockets blew up shortly after takeoff, sending debris over South Texas, the FAA required the agency to make dozens of changes before another launch. Like the NHTSA, the FAA is part of the Transportation Department. Sean Duffy’s past as an airline industry lobbyist doesn’t inspire confidence that he’ll take a hard line against SpaceX. And as far as whether the EPA will continue to pose any problems for Musk? Under Trump, that agency will be run by former GOP Rep. Lee Zeldin, whose primary qualification seems to be hating EPA regulations . He’s voted against replacing lead water pipes and cleaning up brownfields and sees his mission at the EPA as pursuing “energy dominance.” Again, not exactly someone who will bring the hammer down on Musk or his companies. Musk is also in hot water with the Securities and Exchange Commission over the possibility he delayed disclosing his acquisition of Twitter stock in 2022. Investors must disclose when they accumulate 5% of a publicly traded company, a requirement that ostensible super-genius Musk says he misunderstood somehow. Under President Joe Biden, current SEC chair Gary Gensler has aggressively pursued enforcement efforts, a trend in no way expected to continue under whoever Trump picks. Lightning round! Musk tried hard to violate a consent order with the Federal Trade Commission by giving “Twitter Files” writers improper access to user data, but he was thwarted by Twitter employees who actually followed the order. He’s faced numerous unfair labor practices claims and been investigated multiple times by the National Labor Relations Board, so he’s suing to have the board declared unconstitutional . He lost out on $885 million in government subsidies after the Federal Communications Commission found that Starlink, SpaceX’s satellite internet service, couldn’t meet the speed metrics for the government’s rural broadband program. Luckily for the multibillionaire, the incoming head of the FCC is a pal of Musk’s who thinks it is “ regulatory harassment ” to require Starlink to meet program requirements. Musk will also have the advantage of helming a newly invented entity, the cringily titled Department of Government Efficiency (aka DOGE—ugh), that can put his rivals under a microscope. DOGE’s co-head, fellow tech billionaire Vivek Ramaswamy, has already said he’ll examine a government loan to Rivian, a competing electric vehicle manufacturer, calling the loan “a political shot across the bow at Elon Musk and Tesla.” Though DOGE is not an actual department—you need Congress to create one of those—and cannot slash spending directly, Musk could still suggest to Trump that government funding of fiber optic cables in rural areas be gutted . This would leave satellite services like Starlink as the only option for some rural consumers—an option either those consumers or the government would then have to pay for. Until Trump was elected in 2016, it was impossible to imagine giving billionaires like Musk so much opportunity to use the levers of government to openly and directly benefit themselves. Now that Trump has won a second term in office, Musk is just one of many oligarchs looking forward to an extremely lucrative four years. It’s lucky for them—but terrible for the rest of us.The confidential briefing note is part of the tranche of documents made public in the annual release of State papers from the Irish National Archives. An Irish Department of Foreign Affairs official focusing on justice and security created the list in October 2002. The document starts by referencing a 1999 interview given by George Mitchell, the chairman of the Good Friday Agreement negotiations, in which he claimed the British and Irish governments, as well as Northern Ireland’s political parties, had leaked information to manipulate public opinion. However, he further accused the NIO of attempting to sabotage the process by leaking information on British Government policy to the media. Mr Mitchell, a former US senator, is said to have expressed alarm and anger over the frequency of leaks from the NIO – saying they were uniquely “designed to undermine the policy of the British Government of which they were a part”. The Irish civil servant notes Mr Mitchell himself was subjected to an attempted “smear” when he first arrived in Northern Ireland, as newspaper articles falsely claimed his chief of staff Martha Pope had had a liaison with Sinn Fein representative Gerry Kelly with ulterior motives. The Irish civil servant goes on to list several “leaks”, starting with the publication of a proposed deal in a newspaper while “intense negotiations” for the Downing Street Declaration were under way. Next, the Department lists two “high-profile and damaging leaks issued from the NIO”. A so-called “gameplan” document was leaked in February 1998, showing papers had been prepared weeks before the Drumcree march on July 6, 1997. In the preceding years, there had been standoffs and clashes as nationalists opposed the procession of an Orange parade down Garvaghy Road in Portadown. The gameplan document showed then secretary of state for Northern Ireland Mo Mowlam, who was publicly expressing a desire for a negotiated solution to the 1997 parade, advocated “finding the lowest common denominator for getting some Orange feet on the Garvaghy Road”. In 1997, a large number of security forces were deployed to the area to allow the march to proceed. The incident sparked heightened tension and a wave of rioting. The document further describes the release of a document submitted by the NIO’s director of communications to the secretary of state as a “second major leak”. It claims a publicity strategy was released to the DUP in the aftermath of the Good Friday Agreement and showed how the UK Government would support a yes vote in a referendum following any talks agreement. In addition, it is claimed unionists used leaked sections of the Patten report on policing to invalidate its findings ahead of its publication in 1999. The report recommended the replacement of the Royal Ulster Constabulary with the Police Service of Northern Ireland, the changing of symbols, and a 50-50 recruitment policy for Catholics and Protestants. At the time, UUP leader David Trimble said the recommendations would lead to a corruption of policing in Northern Ireland. Chris Patten, chairman of the independent commission on policing, said some of the assertions were a “total fabrication” and designed to “muddy the waters” to create a difficult political atmosphere. Elsewhere, the author notes it was leaked to the media there was serious disagreement between the governments of the UK and Ireland on the composition of that commission – with not a single name submitted by the Irish side being accepted by the other. The author notes this incident, still under the heading “NIO leaks”, was believed by British officials to have emanated from the Irish side. The report turns to leaks of other origin, claiming “disgruntled Special Branch officers in Northern Ireland” were blamed by the British Government for a series of releases about the IRA which were designed to damage Sinn Fein in the 2001 general election in Northern Ireland. One senior Whitehall source was quoted in the Guardian as complaining that Special Branch was “leaking like a sieve” after details of an IRA intelligence database containing the names of leading Tories – described at the time as a “hit list” – was passed to the BBC in April 2002. The briefing note adds: “This was followed days later by a leak to The Sunday Telegraph which alleged that senior IRA commanders bought Russian special forces rifles in Moscow last year. “The newspaper said it was passed details by military intelligence in London.” The briefing note adds that other Special Branch leaks were associated with the Castlereagh break-in. The final incident in the document notes the Police Ombudsman’s Report on the Omagh bombing was also leaked to the press in December 2001. Then Northern Ireland secretary John Reid said at the time: “Leaks are never helpful and usually malicious – I will not be commenting on this report until I have seen the final version.” The reason for creating the list of leaks, which the Irish National Archives holds in a folder alongside briefing notes for ministers ahead of meetings with officials from the UK Government and NIO, is not outlined in the document itself. – This document is based on material in 2024/130/6.okbet 291 。

Travelers Cos. Inc. stock underperforms Thursday when compared to competitors despite daily gainsGLASSBRIDGE: Google Blocks Thousands of Pro-China Fake News Sites

NoneHPH Announces Change to the Board of DirectorsVikings Place Ivan Pace Jr on IR and Swipe New LB from Packers PS, Among Flurry of Roster Moves

AP Sports SummaryBrief at 6:11 p.m. EST

Former Florida congressman Matt Gaetz has withdrawn as President-elect Donald Trump’s pick for attorney general following scrutiny over a federal sex trafficking investigation. The Republican's announcement came one day after meeting with senators in an effort to win their support for his confirmation to lead the Justice Department. Here's the latest: As incoming White House chief of staff, one of Susie Wiles ’ vexing challenges will be policing the buffet line of powerful interests who want something from Donald Trump. It’s a world she knows well. During Trump’s first presidency, she lobbied for many of them. Trump was first elected on a pledge to “drain the swamp” in Washington. But his transactional approach to the presidency instead ushered in a lobbying boom that showered allies, including Wiles, with lucrative contracts, empowered wealthy business associates and stymied his agenda after his administration was ensnared in a series of influence-peddling scandals. Now, as Trump prepares to return to power , his victory is likely to embolden those who think they can get his ear, raising the prospect that his second administration could face many of the same perils as his first. That will test the ability of Wiles to manage a growing number of high-powered figures — including Trump’s children, his son-in-law Jared Kushner and billionaires like Elon Musk — who will not be dependent on her for access to the president. ▶ Read more about Susie Wiles and her new role Vance accompanied Matt Gaetz in meetings with GOP senators on Wednesday. “I’m extremely grateful for the work Matt put into the nomination process,” the Ohio senator posted on X. “Matt is a patriot, and I look forward to seeing what he does next.” President Joe Biden still believes President-elect Donald Trump is a dangerous figure in U.S. democracy, his top spokesperson said Thursday. White House press secretary Karine Jean-Pierre said “his thinking on that has not changed” even as the Biden White House emphasizes its commitment to the “peaceful transfer of power.” Jean-Pierre told reporters there is no double-speak in Biden’s approach. Biden framed Donald Trump as a “fundamental threat” to the nation’s identity as a democracy and its stability as a global superpower when he defeated Trump in 2020. He did it as a candidate for reelection. He did it again when he dropped out and endorsed Vice President Kamala Harris. But Jean-Pierre said Biden recognizes the legitimacy of Trump’s election to another term, even if it’s not the result he wanted. “The American people spoke,” she said, adding that Biden wants to be an example of how to respect U.S. elections. That was an opaque reference to Trump’s refusal to accept Biden’s victory in 2020 and the Jan. 6 attack on the U.S. Capitol by Trump supporters as Congress met to affirm the results. White House press secretary Karine Jean-Pierre says she hasn’t spoken to her designated successor, Karoline Leavitt. Jean-Pierre told reporters gathered Thursday at the White House that she hopes the second Trump administration will be forthright with the public by talking to reporters. Trump’s first White House dramatically curtailed its initial interactions with the White House press corps, and Jean-Pierre said Biden and his staff “worked really hard to bring back the norms” with press briefings and interactions. “We’ve tried to do this in a very respectful way,” she said. Jean-Pierre declined to “speak to what any administration is going to do” in the future, but added that the back-and-forth with the press is part of “what democracy is all about.” In other presidential transition news, Trump is urging federal lawmakers to kill a bill that would protect journalists from having to disclose information about anonymous sources or other records obtained during reporting. The proposal that passed in the U.S. House of Representatives, but is pending in the Senate, also bars the government from requesting data from phone or email providers. The bill includes exceptions such as when there’s a reasonable threat of imminent violence or an act of terrorism. As of now, only some states grant absolute protection from disclosing sources or other records. “Republicans must kill this bill!” Trump posted on Truth Social and shared a video from PBS News Hour interviewing the CEO of the Committee to Protect Journalist, Jodie Ginsburg, talking about the proposal. Last month, The Associated Press, along with more than 100 news outlets and organizations, signed a letter authored by the Reporters Committee for Freedom of the Press asking senators to support the bill. White House press secretary Karine Jean-Pierre isn’t commenting on Matt Gaetz withdrawing his nomination as president-elect Donald Trump’s attorney general in the new administration. “We really, truly want to respect the transfer of power,” Jean-Pierre said Thursday during a White House press briefing, explaining her steadfast refusal to comment on Trump personnel moves. But Jean-Pierre nonetheless used the matter to take a subtle jab at how Trump, who was twice indicted by the federal government, has reacted to federal law enforcement. “Look, the president has said when it comes to investigation, that department should be independent. there should be no partisanship. There should be no loyalty to one party or the other,” she said. “The loyalty should be to the Constitution, and the loyalty should be to the rule of law.” Trump has insisted that it was Biden and his lieutenants who weaponized the Justice Department by indicting him for his role in trying to overturn Biden’s 2020 election victory and for hoarding national security documents after Trump left the White House in January 2021. That latter case has been thrown out by a Trump-appointed judge. The former case is still pending. Taken together, there are a striking number of incidents in which potential high-ranking government officials in Trump’s second administration face allegations of sexual abuse. Here’s a look at some of the cases: President-elect Donald Trump: He was found liable by a New York City jury for sexual abuse and defamation and eventually ordered to pay the woman, E. Jean Carroll , $83 million in damages. Pete Hegseth, nominee for secretary of defense: A woman told police she was sexually assaulted in 2017 by Hegseth after he took her phone, blocked the door to a California hotel room and refused to let her leave, according to a detailed investigative report made public this week. Hegseth told police the encounter had been consensual and denies wrongdoing. Robert F. Kennedy Jr., nominee for secretary of health and human services: A woman who babysat for Kennedy and his second wife told Vanity Fair magazine he groped her in the late 1990s, when she was 23. Kennedy did not deny the allegation, telling a podcast: “I had a very, very rambunctious youth.” He texted the woman an apology after the story was published. Linda McMahon, nominee for secretary of education: A lawsuit filed last month alleges McMahon knowingly enabled sexual exploitation of children by a World Wrestling Entertainment employee as early as the 1980s. She denies the allegations. Elon Musk, Trump’s choice to lead the new Department of Government Efficiency: The CEO of Tesla and SpaceX was accused of sexual misconduct by a flight attendant contracted by SpaceX who worked on his private jet in 2016. He denied the claim. ▶ Read more about the allegations of sexual misconduct Among those who were seen as contenders before Gaetz was picked is former acting attorney general Matt Whitaker , who Trump chose earlier this week to serve as U.S. ambassador to NATO. Other names that were floated as potential attorney general nominees include Jeff Jensen, a former U.S. attorney for the Eastern District of Missouri, and Missouri Attorney General Andrew Bailey. Trump last week chose Todd Blanche , an attorney who led the legal team that defended the Republican at his hush money criminal trial , to serve as the second-highest ranking Justice Department official. Emil Bove, a former federal prosecutor, was chosen to be the principal associate deputy attorney general. An attorney who represents two women who say they were paid by Gaetz for sex says his clients are “relieved to have this chapter behind them.” “They’re grateful for the opportunity to move forward with their lives,” said Joel Leppard, whose clients testified before the House Ethics Committee. “They’re hoping that this brings final closure for all the parties involved.” Leppard revealed earlier this week details about his clients’ testimony to House Ethics Committee to release its report on the Gaetz investigation. Leppard said his clients were paid a total of $10,000 by the congressman. One of his clients testified that she saw Gaetz having sex with a 17-year-old at a party in 2017, while he was in Congress. Though Gaetz has withdrawn his name from consideration for attorney general, he isn’t Trump’s only appointee in hot water. A woman told police she was sexually assaulted in 2017 by Pete Hegseth after he took her phone, blocked the door to a California hotel room and refused to let her leave, according to a detailed investigative report made public late Wednesday. Hegseth, a former Fox News personality and Trump’s nominee to be defense secretary, told police at the time that the encounter had been consensual and denied any wrongdoing, the report said. Earlier today, Hegseth held a round of private meetings alongside incoming Vice President JD Vance in an attempt to shore up support and told reporters afterward: “The matter was fully investigated and I was completely cleared, and that’s where I’m gonna leave it.” ▶ Read more about the allegations against Hegseth In his Nov. 13 resignation letter to House Speaker Mike Johnson, Gaetz said, “I hereby resign, as United States Representatives for Florida’s First Congressional District, effective immediately, and I do not intend to take the oath of office for the same office in the 119th Congress, to pursue the position of Attorney General in the Trump Administration.” He transmitted a similar letter to Florida Gov. Ron DeSantis as the state began a special election process to fill the vacancy. Attorneys involved in a civil case brought by a Gaetz associate were notified this week that an unauthorized person accessed a file shared between lawyers that included unredacted depositions from a woman who said Gaetz had sex with her when she was 17 and a second woman who says she saw the encounter, according to attorney Joel Leppard. Leppard said that two women he represents told House Ethics Committee investigators that Gaetz paid them for sex on multiple occasions beginning in 2017 when Gaetz was in Congress. The files the person was able to access were part of a defamation case filed by a Gaetz associate against the former representative’s onetime political ally Joel Greenberg , who pleaded guilty in 2021 to sex trafficking of a minor, and admitted that he had paid at least one underage girl to have sex with him and other men. The apparent breach was first reported Tuesday by The New York Times. Gaetz has denied all the allegations. ▶ Read more about the apparent file breach Trump had announced last week that he’d chosen Todd Blanche, an attorney who’s defended him in some of his criminal cases, to serve as deputy attorney general. That’s the second highest ranking position at the Justice Department. A former federal prosecutor, Blanche has been a key figure defended him both in the New York hush money criminal trial that ended in a conviction in May, and the federal cases brought by Justice Department special counsel Jack Smith. Sen. Lindsey Graham of South Carolina said Thursday in a post on X that he believes the now-former congressman “will continue to contribute to our nation’s wellbeing for years to come.” Graham, a member of the powerful Senate Judiciary Committee, also said he looks forward to working with Trump “regarding future nominees to get this important job up and running.” The caption of the Instagram photo reads “The end of an era. No one loves America more than this guy.” The Florida representative was once embroiled in a sex trafficking investigation involving underage girls by the Justice Department, the very department President-elect Trump had tapped him to lead. Gaetz has vehemently denied any wrongdoing, and in February 2023 said the investigation ended with no federal charges against him.He was also being investigated by the House Ethics panel, but Republicans declined yesterday to release the committee’s findings over objections from Democrats in a split vote. ▶ Read more about the Justice Department’s investigation into Gaetz He had abruptly resigned from his congressional seat upon being nominated as attorney general amid a long-running House Ethics investigation into allegations of sexual misconduct, which was seen as a way to halt the probe. The House Ethics panel’s Republicans declined this week to release the committee’s findings into Gaetz over objections from Democrats in a split vote. But the committee did agree to finish its work and is scheduled to meet again Dec. 5 to discuss the matter. However, Gaetz did win re-election earlier this month for the new Congress which convenes Jan. 3. But it’s unclear if he would take office. There’s also been plans for a special election in Florida for his seat. “President Trump remains committed to choosing a leader for the Department of Justice who will strongly defend the Constitution and end the weaponization of our justice system,” said Karoline Leavitt, a spokesperson for the Trump-Vance transition team. In a message on his Truth Social network, Trump also said he was looking forward to seeing what Gaetz will do next after withdrawing as his pick. “He was doing very well but, at the same time, did not want to be a distraction for the Administration, for which he has much respect,” Trump posted. “Matt has a wonderful future, and I look forward to watching all of the great things he will do!” Matt Gaetz has just withdrawn as President-elect Donald Trump’s pick for attorney general following continued scrutiny over a federal sex trafficking investigation that cast doubt on the former congressman’s ability to be confirmed as the nation’s chief federal law enforcement officer. The Florida Republican’s announcement came one day after meeting with senators in an effort to win their support for his confirmation to lead the Justice Department. Gaetz’s withdrawal is a blow to Trump’s push to install steadfast loyalists in his incoming administration and the first sign that Trump could face resistance from members of his own party.

Fox Corp. Cl A stock underperforms Monday when compared to competitors

Inter Milan coach Simone Inzaghi isn’t hiding his ambition to reach the Champions League final after another win in the competition against RB Leipzig. The Nerazzurri coach spoke to Italian broadcaster Sky Sport Italia, via FCInterNews , after his team’s 1-0 win. Two seasons ago, Inter reached the final of the Champions League. There, they only narrowly lost to Manchester City to miss out on lifting the trophy. That run to the final really put Inter on the map as serious candidates to win the Champions League. And it also meant that last season, Inter’s elimination from the Champions League at the round of sixteen stage was seen as a disappointment, and even a surprise. However, this time around Inter have once again started the campaign widely considered to be among the favourites to win the competition. And the Nerazzurri’s performances and results so far have lived up to those expectations. Inter have yet to taste defeat in the Champions League. And they have also gone five matches without conceding a goal – the only side to do so. Inter Coach Simone Inzaghi: “We Want To Reach Champions League Final Again” As far as reaching the final again, Inzaghi said that “That’s every team’s objective, including Inter.” “Then, playing every two days has a lot of difficulties.” “I’m lucky enough to have the players I do,” the Inter coach said. “But playing Saturday, Tuesday, and then Sunday isn’t easy.” “But everyone gives everything.” Meanwhile, as far as his team’s inability to kill off the game with a second goal against Leipzig, Inzaghi noted that “There was the chance Dumfries had at the start of the second half.” “That could have made it a much different match.” “Then there was the disallowed goal from Mkhitaryan, which didn’t seem like it had a foul to me. But these kinds of situations happen in football.” “We played with an awareness of our quality against a top opponent.” “We saw Openda when we faced Lens [in a friendly] and it was clear that he’s a great player. As are Sesko, Nusa, and their two midfielders.” “They reached the semifinal in 2020,” Inzaghi noted of Leipzig. “And they’ve been in the Champions League for six years.”

Canada obligated under international law to arrest Netanyahu if he enters country: Trudeau

Walmart’s DEI rollback signals a profound shift in the wake of Trump’s election victoryThey were all exceptional – Mikel Arteta loved seeing Arsenal run riot in Lisbon

AP Sports SummaryBrief at 6:11 p.m. EST

WAKE FOREST 67, DETROIT MERCY 57

Where to start in the stock market as a new investor? There are lots of options – thousands and thousands in fact. That can be confusing. One approach I think investors new and old alike should consider is buying shares in an investment trust. What is an , exactly? Basically it is a pooled fund. So the company has money it uses to buy shares in other companies. It then sells shares in itself, which investors can buy. Its own price can move up and down independently of its portfolio valuation. So sometimes such trusts sell at a discount (or premium) to a sum-of-the-parts valuation of their portfolio. I reckon there can be some good reasons to buy into investment trusts – but also some watchouts. Of course, like any investment, some trusts do far better (or worse) than others. My points below relate to investment trusts in general, not a specific one (though I use one to illustrate some points). Easy diversification A key principle of risk management is avoiding concentrating too much risk in one place. That sounds simple – and it is. But is no less powerful or important for that. As investment trusts typically buy into dozens or sometimes even hundreds of companies, they offer a straightforward form of diversification. Expert managers – sometimes Some trusts or use some other automated trading strategy. Others employ managers – often at great expense – to (this is the difference between what are known as passive and active approaches). Consider ( ) as an example. Its share price is down 38% in the past three years or so. Over five years, though, it is up 60%. That is more than 10 times the average share price growth seen in firms in that period. The explanation for both the three-year fall and five-year gain is the same: Scottish Mortgage’s fund managers have focused mostly on , including and . So the trust’s fortunes have to some extent reflected those of leading growth shares, due to the investment choices its managers have made. Managers can help an investment trust perform much better than the market overall – or much worse. Access to unlisted companies Another interesting thing about Scottish Mortgage is its dividend history. It last cut its dividend after the Wall Street Crash – close to a century ago! But as with any share, past performance is not necessarily a guide to what may happen in future. Anyway, if I wanted to buy a share with a long dividend track record I have a number of shares I could choose from. However, if as a small private investor I wanted to buy a share in an unlisted growth company like SpaceX I could not. Guess what, though? SpaceX is Scottish Mortgage’s third-biggest holding, accounting for over 5% of its value. An option to consider Investment trusts can have other downsides to the ones I mentioned above, not least fees and costs. Still, I see a lot to like about them in principle. That is why, when looking for shares to buy, they are on my radar, although I decide on a case to case basis whether a given investment trust is suitable for me.

BoE’s Lombardelli worries over above-forecast inflation, backs gradual rate cuts