Justin Paget I have been bullish on Brookfield Infrastructure Partners (NYSE: BIP )(TSX: BIP.UN:CA )( BIPC ) since February this year, when I issued an article titled: Brookfield Infrastructure: An Excellent Retirement Play . The essence of the thesis Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.5 Steps To Overcome A Fear Of FlyingSo grab your detective hat, sharpen your deductive skills, and get ready to immerse yourself in the world of "Crime Hunter's Guide." Whether you're a seasoned sleuth or a casual viewer, this series is sure to keep you guessing until the very end. Don't miss out on the excitement – tune in today and join the hunt for justice in "Crime Hunter's Guide 2"!G train riders are on track to catching a break. The crosstown is the next subway line to get the European-style train treatment – and straphangers on the isolated outer borough line are eager to take what they can get after a summer shutdown and subsequent evening repairs. “The reliability thing is more of a draw to me,” 44-year-old G train rider Chris Schillinger told The Post. “It used to be that the G was not super reliable. Improving that sounds great to me.” At least two five-car open gangway trains will be transferred from the C to the G line in the first quarter of 2025 – and riders will have about a 1 in 5 chance of riding an open gangway car, the MTA said. This summer’s months-long shutdown to modernize the line’s 90-year-old signals promised to make service more reliable by installing a new signal technology, though those hi-tech systems are only scheduled to go live in 2027. “That sounds really nice,” 38-year-old coffee shop worker Jenny said of the open-gangway G train plan. “With the G train, they were doing a lot of work over the summer, and I thought after that, the signal modernization would be better – but they keep closing part of the tracks and are still working on it.” “I’ll take it,” G train rider Nolan Johnson, 35, told The Post. “There’s more space for people to stand on. You can move between cars easier.” The antiquated system is now “past the end of its useful life,” the MTA has said – with some riders even calling the line the “ghost train” due to a perceived lack of reliable service for its 160,000 daily riders. The new R211T cars, however, are slated to “provide faster, more frequent and reliable service,” according to NYC Transit President Demetrius Crichlow, who said wider doors, better signage and LED displays as just some of the perks G train riders can look forward to. All open-gangway cars are also equipped with video cameras “to improve the safety of our customers and employees,” Crichlow added. Some straphangers told The Post that the gangway cars could prevent disorderly and disobedient commuters from unsafely going car-to-car or smoking in between cars while the train is in motion. Some also wondered if limiting outdoor access would perhaps even deter would-be subway surfers. “As a New Yorker, I like to have an easy way to move out of a certain situation,” Bed-Stuy resident Selina Josephs, 40, told The Post. “So just the fact that I can and if something’s going on in my car, I can just move over without having to open the door.” “I like that the doors light up, showing you what side of the train the doors are going to open,” Josephs added. “Also I noticed that before you even leave the train, you can see where those stairs are at or if there’s an elevator ... in other countries you see that, but, here it’s like, ‘Good luck: Leave and try to find the stairway or elevator.’” Old train cars also break down six times as frequently as new ones, according to the MTA’s Chair and CEO Janno Lieber, who argues “replacing them is more than just a matter of aesthetics.” “This latest purchase will help us get the next generation of rolling stock on the rails sooner so we can keep making the system more reliable and dramatically upgrade the passenger experience,” the MTA CEO said in a statement. The G will only be the second subway line to get the doorless R211T cars, which historically have yielded mixed reviews from riders — some of which say the trains leave them feeling vulnerable to commotion happening in another car. Whether you’re a fan or not, New Yorkers will be sure to see many more of the new R211 cars in the next few years, with the MTA’s Monday announcement of a $1.27 billion purchase of 80 open-gangway and 355 regular train cars due by 2027. Those accordion-style cars are slated to eventually replace all R44 trains on the Staten Island Railway and the orange-and-yellow R46 subway cars used for decades on the A, C, N, Q, R and W lines, as well as usher in the replacement of the R68s used on the B, D, N and W lines. “This latest order is putting the MTA closer towards its goal of fully modernizing the system,” MTA Chief of Rolling Stock Tim Mulligan said in a statement. “The R211s are state of the art and less prone to breakdowns, which means smoother trips for tens of thousands of New Yorkers and more reliable service for decades to come.” One skeptical G train rider, however, said it’s going to take a lot more than just a few new trains to improve the crosstown line. “New trains are useful — it’s cleaner, it’s good,” the rider, named Steve told The Post, “but it needs more work.”
The village team, aptly named as 'Rural Rovers', was founded in 1996 by a group of passionate football enthusiasts who dreamed of competing at a higher level despite the odds stacked against them. With limited resources and facilities, the team had to rely on sheer determination and teamwork to make their mark in the local football scene.Experts reveal how to load your dishwasher this Christmas - and say the key is sticking a wash on BEFORE you sit down to eat your dinner READ MORE: Expert reveals why you should never store leftovers in foil By SHIVALI BEST FOR MAILONLINE Published: 13:36 GMT, 22 December 2024 | Updated: 14:08 GMT, 22 December 2024 e-mail 6 shares 32 View comments Loading the dishwasher is a chore that many people dread. And with so many pots, pans, plates and glasses used at Christmas , this task can be even more arduous over the festive period. Thankfully, help is at hand, as Which? has released a brand new guide on how to load your dishwasher this Christmas. 'While it's less work than hand-washing everything after Christmas dinner, loading the dishwasher is still a chore,' Which? said. 'But you can lighten the load by stacking your dishwasher efficiently.' While it might sound laborious, the consumer champion advises sticking a wash on before you sit down to eat your dinner. 'Before you sit down to eat your Christmas feast, stick your dirtiest cooking dishes on an intensive wash (as long as they're dishwasher safe),' it said. 'This should get roasting trays and pans off the to-do list.' Loading the dishwasher is a chore that many people dread. And with so many pots, pans, plates and glasses used at Christmas , this task can be even more arduous over the festive period (stock image) Which? has summarised the best dishwashing strategy in four key steps - and says that planning is key. Firstly, Which? says you should prepare as much food in advance as possible to reduce the amount of washing up you'll need to do on Christmas Day itself. 'Prepare vegetables on Christmas Eve and parboil the spuds for your roast potatoes,' it advised. 'You can even get them crisped up early on Christmas morning, avoiding the need to clean a crusty pan later in the day.' Next, stick your dirtiest cooking dishes on an intensive wash before you sit down to eat your Christmas dinner. After dinner, use the main program to clean your dinner plates, cutlery and glassware. 'Depending on your dishwasher and how delicate your glassware is, you may be able to add champagne flutes into this wash, too,' Which? said. Finally, if you've used any fine china or crystal, use a third, gentle wash. For your first dishwasher load, Which? recommends opting for an intensive programme How to load your dishwasher Prepare as much food as you can in advance to reduce the amount of washing up you'll need to do on Christmas Day itself Before you sit down to eat your Christmas feast, stick your dirtiest cooking dishes on an intensive wash After dinner, use the main program to clean your dinner plates, cutlery and glassware If you've had the good crockery out, use a third, gentle wash Advertisement First dishwasher load For your first dishwasher load, Which? recommends popping all your dirtiest pans and trays in on an intensive programme. 'This washes at a higher temperature and water pressure, enabling the dishwasher to really clean the grimiest pans and trays,' it explained. However, there are some key rules that you should follow. Firstly, make sure you remove any excess grease and oil, or you'll risk it solidifying and blocking your dishwasher's filter or drain. 'Collect any excess and dispose of it in your regular food-waste bin,' it said. Roasting trays should go into the dishwasher face-down - but pay close attention to what yours are made of. While stainless steel is dishwasher safe, cast iron is a no-go - and aluminium is only fine if it's been anodised. Once you've got the dirtiest pans and trays out of the way, it's time to tackle the plates, cutlery, gravy jugs, and glasses Which? said: 'If not, harsh detergents can cause it to turn black.' Finally, use the adjustable racks for taller items. 'Check the instruction manual for whether your dishwasher has an upper rack that can be lowered or raised,' Which? added. 'Others use a system that requires you to remove the rack and adjust the runners.' Second dishwasher load Once you've got the dirtiest pans and trays out of the way, it's time to tackle the plates, cutlery, gravy jugs, and glasses. When faced with stacks of dinnerware, you might be tempted to overload your machine. However, this will prevent the water and detergent from spreading around, leaving you with dirty plates. How to get a clean dishwasher and warm plates If you have a delay timer, set it so your dishwasher finishes your pre-dinner wash just before you plate up. That way your plates will be pristine and hot, straight out of the dishwasher, so your Christmas dinner stays warm for longer. Advertisement 'Try alternating larger and smaller plates next to each other to aid this,' Which? said. Thankfully, Which? says that you only need to scrape the remnants off your plates and reassures there's no need to rinse. 'Y ou often only need to knock off lumps of leftover food before loading. Pre-rinsing could waste water unnecessarily,' it said. 'The exception to this rule is if you've left your dishes sitting around all day before washing. 'If so, do give them a rinse before putting them in the dishwasher, for the best chance of getting everything clean.' While many gravy jugs are short and wide, these are actually more difficult to wash. 'Consider using a tall gravy jug as it will take up less space in the dishwasher,' Which? addded. For wine glasses and champagne flutes, Which? advises using a separate delicate wash programme - this will wash at a lower temperature and water pressure to better protect the glass. For wine glasses and champagne flutes, Which? advises using a separate delicate wash programme - this will wash at a lower temperature and water pressure to better protect the glass Read More Futuristic dishwasher uses superheated steam to clean the dishes in just 25 seconds 'Wash champagne flutes in the top rack, using a gentle program,' it said. 'You might worry that this will cause them to go cloudy over time, but modern dishwashers and detergents prevent this from happening, even in hard-water areas. 'Just make sure the salt and rinse aid are topped up beforehand.' Meanwhile, it's probably safest to wash any good crockery by hand. 'Even delicate dishwasher settings can fade or damage the decorations,' Which? warned. Share or comment on this article: Experts reveal how to load your dishwasher this Christmas - and say the key is sticking a wash on BEFORE you sit down to eat your dinner e-mail 6 shares Add comment
The market witnessed broad-based selling during Friday's trading session, marking its biggest fall in four months. The Sensex dropped by 1,000 points in three out of five sessions last week. The Nifty gave up key support levels and ended at a one-month low. Share Market View All Nifty Gainers View All Company Value Change %Change During the week, the market slipped below the 20-day and 50-day Simple Moving Averages (SMA), and post-breakdown, selling pressure intensified. All BSE-listed companies collectively lost a market capitalisation of ₹19 lakh crore last week. Of the 50 Nifty stocks, 48 delivered negative returns, and 30 fell by over 5%. Only two Nifty stocks, Dr Reddy's Laboratories and Cipla, recorded gains during the week. The sharp sell-off in heavyweight sectors such as banking and IT, which had previously supported the market, has shifted the bias back to bearish. Weakness in the rupee, along with a relatively stronger US market performance driving outflows, is compounding the current challenges. Persistent selling by Foreign Institutional Investors (FIIs), coupled with the hawkish tone of the US Federal Reserve, disrupted the recovery phase. Going ahead, the coming week is shortened due to holidays, and participants will closely monitor FII flow trends and global market performance for direction. Additionally, the scheduled expiry of December’s derivative contracts may amplify volatility. Foreign institutions continued to remain net sellers in the cash market on Friday, while their domestic counterparts were net buyers. What do the Nifty50 charts indicate? Nifty ended Friday's trading session at 23,587.50, recording a sharp fall of 1.52%, and capped off the week with a staggering 4.77% decline—its largest weekly drop in 2024. The bearish engulfing pattern on the weekly chart has shifted the broader trend from positive to bearish. The Nifty50 index has slipped below the 200 DMA, signalling further weakness in the medium term. The indicators have also turned unfavourable, with the RSI on both daily and weekly charts dipping below the 45 mark, reflecting a loss of upward momentum, said Om Mehra of SAMCO Securities. Mehra said the support lies at the previous swing low of 23,263, a critical level that must hold to prevent deeper corrections. He further said that the index appears increasingly fragile, with the 24,200 mark emerging as a key resistance. According to Nandish Shah of HDFC Securities, the Nifty violated its 200 days SMA and EMA supports and closed on a weak wicket. The index is in continuation of a down trend and the only support which is visible on the chart is the swing low of 23263, made on November 28, 2024. 200 days SMA which is placed at 23834 is now expected to act as an intermediate resistance for the short term. From a technical standpoint, as Nifty slipped below the pivotal zone of 200 SMA, the next potential support could be seen around the recent swing low around 23200-23100, while a decisive breach is likely to open further downside towards 22800 in the near period, said Osho Krishnan of Angel One. As far as resistance is concerned, he believes that 23800-24000 is likely to be seen as an intermediate hurdle, followed by 24150-24300, coinciding with the bearish gap and the cluster of EMAs on the daily charts for the upcoming truncated week. Based on the current chart structure, the Nifty index appears poised to test its previous low of 23,263. This conclusion is supported by technical indicators that suggest bearish momentum in the coming sessions, said Jigar S Patel of Anand Rathi Shares and Stock Brokers. "In the ongoing session, the index has breached its 200-day Exponential Moving Average (DEMA), which was positioned around 23,692. This is a significant technical development, as the 200 DEMA often acts as a critical support level in a trending market. A decisive breakdown below this level can indicate further downside potential. Moreover, on the daily chart, the Moving Average Convergence Divergence (MACD) has formed a negative crossover, a bearish signal that typically suggests bearishness. These combined factors—the breach of the 200 DEMA and the bearish MACD crossover—highlight the likelihood of the Nifty index revisiting the previous low of 23,263 in the near term," Patel said. Ajit Mishra of Religare Broking said the November low around the 23,250 zone now emerges as the next key support, while the 23,850-24,000 range serves as a resistance zone for any recovery attempts. What do the Bank Nifty charts suggets? Nifty Bank witnessed a sharp decline, closing at 50,759.20, down 816.50 points or 1.58% for the day. Over the week, the index has shed 5.27%, marking its steepest weekly drop in 2024. Mehra belives the support stands at the previous swing low of 49,787, a critical level that must hold to avoid deeper corrections. Additionally, the index is trading below its 50 DMA, indicating ongoing weakness. The 200 DMA, currently around 49,500, offers minor support but may not be sufficient to counter sustained selling pressure. The resistance remains at 51,500 followed by 51,800. "For the Bank Nifty, on the lower side, 50500 or the 200-day SMA would act as a crucial support zone. If it sustains below this level, it could slip to 50300-49800. Conversely, if it breaks above 51200, it could bounce back to 51800-52200. Short-term traders should remain cautious and selective, as there is a risk of being trapped at lower levels," said Amol Athawale of Kotak Securities. Here are the stocks to watch ahead of Monday's trading session: - Reliance Industries arm Reliance Digital Health enters into agreements to acquire 45% stake in US-based Health Alliance Group for $10 million. The acquisition is to develop a virtual diagnostic and care platform, expanding access to healthcare for underserved communities. - Vedanta announced revisions to its previously proposed demerger scheme, deciding to retain its base metals undertaking within the parent company. This decision follows discussions with stakeholders, including lenders, and was approved by the Board on December 20, 2024. - UltraTech Cement : To acquire 10.13 crore shares (32.72% equity) of India Cements held by the promoters & member of promoter groups. Makes an open offer for 8.05 crore shares (26% equity) at a price of ₹390 per share from public shareholders. - Piramal Enterprises board approves raising funds up to ₹2,000 crore via QIPs in one or more tranches. - Fortis Healthcare acquires 7.61% stake in Agilus Diagnostics for ₹429.37 crore. - NTPC Green Energy signs Memorandum of Understanding with Bihar Government for investments to establish renewable energy projects. - RBI imposes monetary penalty of ₹27.3 lakh on IndusInd Bank . Charge pertaining to opening of certain savings deposit accounts in the name of ineligible entities was sustained. - Aurobindo Pharma arm CuraTeQ Biologics receives marketting authorisation from UK’s Medicines and Healthcare products Regulatory Agency (MHRA) for Bevqolva. Bevacizumab is used in the treatment of multiple cancers including metastatic colorectal cancer. - RBI imposes monetary penalty of ₹20 lakh on Manappuram Finance . Inspection of financial position as on March 31, 23.non-compliance with RBI directions & related correspondence.In conclusion, the aftermath of the regime change in Syria has reshaped the geopolitical landscape of the Middle East, with winners and losers vying for prominence in a new era of uncertainty. While some have emerged stronger and more dominant, others have been left grappling with the consequences of a protracted conflict that has ravaged the country and its people. Only time will tell how the power dynamics in Syria will continue to evolve, as the region navigates the complexities of post-war reconstruction and reconciliation.In the football world, certain matchups have the power to captivate fans and ignite intense rivalries. One such clash is set to take place in the UEFA Champions League as Bayern Munich prepares to face off against Barcelona. This encounter promises to be a thrilling spectacle as Bayern, led by the determined Hansi Flick, will attempt to maintain their unbeaten streak of 13 games in the competition, while Barcelona aims to regain their dominance on the European stage.