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[File Photo] The Permanent Secretary for Environment, stresses the critical role c could play in Fiji’s low-carbon development. Drawing on experiences and lessons from Australia and other regional nations, Sivendra Michael states the potential benefits of carbon markets for small economies like Fiji. He emphasizes that Fiji’s involvement in carbon markets is driven by more than just emissions reduction, it is an opportunity to secure climate financing for low-carbon development and to build resilience against the ongoing impacts of climate change. The PS notes that carbon markets, while initially associated with forestry projects, can also support renewable energy, technology transfer, and environmental restoration efforts. Highlighting the challenges of tracking emissions, Michael says that the energy sector is the largest contributor to national emissions in Fiji, with agriculture, industry, and waste sectors also playing significant roles. He acknowledges the need to strengthen Fiji’s monitoring, reporting, and verification systems (MRV) to better measure emissions reductions across various sectors.‘Gladiator II’ review: Are you not moderately entertained?
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Fathom Realty Names Andrew Shock, Vice President of Operations, to Drive Growth and Innovation
Shopping on Temu can feel like playing an arcade game. Instead of using a joystick-controlled claw to grab a toy, visitors to the online marketplace maneuver their computer mouses or cellphone screens to browse colorful gadgets, accessories and trinkets with prices that look too good to refuse. A pop-up spinning wheel offers the chance to win a coupon. Rotating captions warn that a less than $2 camouflage print balaclava and a $1.23 skeleton hand back scratcher are “Almost sold out.” A flame symbol indicates a $9.69 plush cat print hoodie is selling fast. A timed-down selection of discounted items adds to the sense of urgency. Pages from the Shein website, left, and from the Temu site, right. Welcome to the new online world of impulse buying, a place of guilty pleasures where the selection is vast, every day is Cyber Monday, and an instant dopamine hit is always just a click away. By all accounts, we’re living in an accelerating age for consumerism, one that Temu, which is owned by the Chinese e-commerce company PDD Holdings, and Shein, its fierce rival , supercharged with social media savvy and an interminable assortment of cheap goods, most shipped directly from merchants in China based on real-time demand. The business models of the two platforms, coupled with avalanches of digital or influencer advertising, have enabled them to give Western retailers a run for their money this holiday shopping season. A Christmas tree ornament purchased on Temu. Software company Salesforce said it expects roughly one in five online purchases in the U.S., the United Kingdom, Australia and Canada to be made through four online marketplaces based or founded in Asia: Shein, Temu, TikTok Shop — the e-commerce arm of video-sharing platform TikTok — and AliExpress. Analysts with Salesforce said they are expected to pull in roughly $160 billion in global sales outside of China. Most of the sales will go to Temu and Shein, a privately held company which is thought to lead the worldwide fast fashion market in revenue. Lisa Xiaoli Neville, a nonprofit manager who lives in Los Angeles, is sold on Shein. The bedroom of her home is stocked with jeans, shoes, press-on nails and other items from the ultra-fast fashion retailer, all of which she amassed after getting on the platform to buy a $2 pair of earrings she saw in a Facebook ad. Neville, 46, estimates she spends at least $75 a month on products from Shein. A $2 eggshell opener, a portable apple peeler and an apple corer, both costing less than $5, are among the quirky, single-use kitchen tools taking up drawer space. She acknowledges she doesn’t need them because she “doesn’t even cook like that.” Plus, she’s allergic to apples. “I won’t eat apples. It will kill me,” Neville said, laughing. “But I still want the coring thing.” Shein, now based in Singapore, uses some of the same web design features as Temu’s, such as pop-up coupons and ads, to persuade shoppers to keep clicking, but it appears a bit more restrained in its approach. Shein primarily targets young women through partnerships with social media influencers. Searching the company's name on video platforms turns up creators promoting Shein's Black Friday sales event and displaying the dozens of of trendy clothes and accessories they got for comparatively little money. But the Shein-focused content also includes videos of TikTokers saying they're embarrassed to admit they shopped there and critics lashing out at fans for not taking into account the environmental harms or potential labor abuses associated with products that are churned out and shipped worldwide at a speedy pace. Neville has already picked out holiday gifts for family and friends from the site. Most of the products in her online cart cost under $10, including graphic T-shirts she intends to buy for her son and jeans and loafers for her daughter. All told, she plans to spend about $200 on gifts, significantly less than $500 she used to shell out at other stores in prior years. “The visuals just make you want to spend more money,” she said, referring to the clothes on Shein's site. “They're very cheap and everything is just so cute.” Unlike Shein, Temu's appeal cuts across age groups and gender. The platform is the world’s second most-visited online shopping site, software company Similarweb reported in September. Customers go there looking for practical items like doormats and silly products like a whiskey flask shaped like a vintage cellphone from the 1990s. Temu advertised Black Friday bargains for some items at upwards of 70% off the recommended retail price. Making a purchase can quickly result in receiving dozens of emails offering free giveaways. The caveat: customers have to buy more products. Despite their rise, Temu and Shein have proven particularly ripe for pushback. Last year, a coalition of unnamed brands and organizations launched a campaign to oppose Shein in Washington. U.S. lawmakers also have raised the possibility that Temu is allowing goods made with forced labor to enter the country. More recently, the Biden administration put forward rules that would crack down on a trade rule known as the de minimis exception, which has allowed a lot of cheap products to come into the U.S. duty-free. President-elect Donald Trump is expected to slap high tariffs on goods from China, a move that would likely raise prices across the retail world. Both Shein and Temu have set up warehouses in the U.S. to speed up delivery times and help them better compete with Amazon, which is trying to erode their price advantage through a new storefront that also ships products directly from China. Get the latest local business news delivered FREE to your inbox weekly.Manchester City’s crisis deepened as they surrendered a three-goal lead late in the game to draw 3-3 against Feyenoord in the Champions League. Pep Guardiola’s side at least avoided the indignity of a sixth successive defeat in all competitions but alarm bells continue to ring at the Etihad Stadium after a dramatic late capitulation. A double from Erling Haaland – the first from the penalty spot – and a deflected effort from Ilkay Gundogan, all in the space of nine minutes either side of the break, looked to have ensured a return to winning ways. Yet Guardiola was left with his head in hands as Feyenoord roared back in the last 15 minutes with goals from Anis Hadj Moussa, Sergio Gimenez and David Hancko, two of them after Josko Gvardiol errors. City almost snatched a late winner when Jack Grealish hit the woodwork but there was no masking another dispiriting result. It was hardly the preparation City wanted for Sunday’s crunch trip to Liverpool, and the Feyenoord fans took great delight in rubbing that fact in. They sung the club anthem they share with Liverpool, You’ll Never Walk Alone, and chanted the name of their former manager Arne Slot, the current Reds boss. Guardiola arrived at the ground with a cut on the bridge of his nose and, once again, his side have been struck a nasty blow. Despite not being at their best, they had dominated early on against what seemed limited Dutch opposition. They threatened when a Gundogan shot was deflected wide and Haaland then went close to opening the scoring when he turned a header onto the post. Feyenoord goalkeeper Timon Wellenreuther gifted City another chance when he passed straight to Bernardo Silva but Grealish’s fierce volley struck team-mate Phil Foden. Foden forced a save from Wellenreuther but City had a moment of alarm when Igor Paixao got behind the defence only to shoot tamely at Ederson. Nathan Ake missed the target with a header but some luck finally went City’s way just before the break when Quinten Timber, brother of Arsenal’s Jurrien, was harshly adjudged to have fouled Haaland. The Norwegian rammed home the resulting spot-kick and City returned re-energised for the second period. They won a corner when a Matheus Nunes shot was turned behind and Gundogan fired the hosts’ second – albeit with aid of a deflection – with a firm volley from the edge of the box. City turned up the heat and claimed their third soon after as Gundogan released Nunes with a long ball and his low cross was turned into the net by a sliding Haaland. 44' ⚽️ Man City 1-0 Feyenoord50' ⚽️ Man City 2-0 Feyenoord53' ⚽️ Man City 3-0 Feyenoord75' ⚽️ Man City 3-1 Feyenoord82' ⚽️ Man City 3-2 Feyenoord89' ⚽️ Man City 3-3 Feyenoord 🤯🤯🤯 #UCL — UEFA Champions League (@ChampionsLeague) November 26, 2024 It seemed City were heading for a morale-lifting victory but a couple of Gvardiol errors changed the script. The Croatian, who had a torrid time in Saturday’s 4-0 thrashing by Tottenham, first horribly misplaced a backpass and allowed Moussa to nip in and round Ederson. Ordinarily that 75th-minute reply would have been a mere consolation and City would close out the game, but Gvardiol had another moment to forget eight minutes from time. Again he gave the ball away and Feyenoord pounced. The ball was lofted into the box and Jordan Lotomba fired a shot that glanced the post and deflected across goal, where Gimenez chested in. Ederson then blundered as he raced out of his area and was beaten by Paixao, who crossed for Hancko to head into an empty net. Amid some moments of unrest in the crowd, when objects were thrown, City tried to rally in stoppage time. Grealish had an effort deflected onto the bar but the hosts had to settle for a draw.
Sandy Creek beats Stanton in Class D-1 championship: How it happened
AP Business SummaryBrief at 5:21 p.m. EST(The Center Square) — The next step toward faster permits in Pennsylvania starts with a simpler application process. So says Gov. Josh Shapiro, who traveled to Hazle Township in Luzerne County last week to sign an executive order launching the Pennsylvania Permit Fast Track Program, intended to improve efficiency for complex development projects in the commonwealth. The press conference was held at the site of a newly completed warehouse developed by NorthPoint Development, a primary player in the Hazelnut Project, a 1,300-acre technology campus in Hazle Township that will house tech infrastructure. “This new development will help PA continue to stay at the front of the pack when it comes to attracting jobs to the area,” said NorthPoint Vice President Brian Stahl. The governor’s office hopes to shake off Pennsylvania’s reputation for red tape and slow starts. The Fast Track program should reduce the time it takes for projects, like the one in Hazle Township, to get off the ground and create jobs along the way. The program tasks the Office of Transportation and Opportunity – another Shapiro administration creation via executive order – with overseeing complex high-impact economic development and infrastructure projects. Other work already underway includes the Bellwether District in Philadelphia and the Martinsburg Community Digester. For initiatives within the program, the office serves as a shepherd, facilitating the connections, applications and studies required to move a project forward. Key to the program is a public-facing dashboard that shows progress on the work being done, providing increased transparency for stakeholders affected by ongoing development projects. “Today’s executive order strengthens that critical partnership between private developers and permitting agencies, fostering a streamlined, transparent, and effective process,” Stahl said. “This collaboration accelerates investments, creates meaningful jobs, generates vital tax revenue, and further strengthens the economy for all Pennsylvanians.” Hazleton’s Republican mayor, Jeff Cusat, spoke about the common ground he shares with the Democratic governor. “Under my leadership, we’ve made critical updates to our code department, issuing thousands of permits and business licenses,” he said. “I’m glad to see the state also taking action to speed up their permitting processes.” “It takes everyone working together to get a project like this over the finish line and the township has worked incredibly hard to make this a successful public-private partnership,” said Dr. Anthony Grigoli, chairman of the Township Supervisors Board for Hazle Township. If the program can build upon the successes of earlier phases of the administration’s economic plan, which have dramatically slashed wait times in licensing and permitting processes across industries, officials believe the state can draw new business that may have been otherwise deterred by red tape. Brian Kirshner, who leads the Office of Transportation and Opportunity, hopes to see the state perform more competitively. “Speed and service are what companies care about,” he said.
The ( ) share price has had a tough 2024 and looked too cheap to me to resist. So I bought the oil and gas giant in September and November at what I thought was a bargain valuation of less than six times earnings. I’m down 7.7% so far but given that I aim to hold the stock , these are early days. Long-term BP investors will have had it tougher, with the shares down 18.93% over 12 months. The trailing yield of 5.95% will only partially offset that loss. The obvious culprit is the oil price, with Brent crude falling 6.36% in 2024 to $71.04 a barrel. Can this FTSE 100 stock rally hard next year? BP is more than just an oil producer, but its shares still correlate closely with energy prices. We saw that during the 2022 energy shock when they rocketed. Where oil goes next is anyone’s guess. There are so many variables at play. US President-elect Donald Trump has pledged to ramp up shale production next year. By boosting supply, Trump could drive the price lower. Although if he gets the US economy motoring again, this could drive up demand. But a trade war could drive it back down. Trump has pledged to bring peace to Ukraine. If he manages that, Russian oil and gas could flow into Europe again, driving down prices. But what if he doesn’t? Then there’s Saudi Arabia. In September, there were rumours that it would open the spigots to recover lost market share, driving prices even lower. Yet last week, OPEC+ delayed the beginning of its production increase and slowed the pace of the output hikes. I’ve just read on that natural gas prices are set to surge this winter . And I haven’t even mentioned the green transition. Will the shift to renewables smash fossil fuel prices? Or will falling oil and gas prices smash renewables? That’s a biggie for BP in particular, as it rows back on its ‘Beyond Petroleum’ strategy, and returns to familiar fossils territory. It’s all too much for my little brain. So what do the experts say? On Friday (6 December), predicted Brent crude would average $70 a barrel in the second half of 2025. If correct, that won’t light a fire under the BP share price. Yet the 26 analysts who offer one-year share price forecasts are optimistic. They’ve set a median target of 505.8p, up 34.25% from today. That seems optimistic but I hope they’re right. Of these, 11 call it a Strong Buy, four name it a Buy while 14 say Hold. Only one says Sell. I can justify my decision to purchase BP . I didn’t hold any energy stocks. Plus its shares were dirt cheap. And the dividend is high and rising. Next year it’s forecast to hit 6.3%, covered exactly twice by earnings. Personally, I don’t know where BP shares will go in 2025. Nobody does. But given the low valuation and high yield, I’m happy to go along for the ride.Huawei Mate 70 Pro+ and 70 Pro RS AnnouncedJoe Binz Appointed to Paycom’s Board of Directors
