After a far-right pro-Russia candidate secured a surprise lead in Romania's presidential election Monday, the eastern European NATO member is bracing for a high-stakes parliamentary vote on Sunday, amid fears it could bring about a strategic shift in the country. Calin Georgescu was in pole position with almost 23 percent after the first round of voting, a political earthquake in the country of 19 million people that has so far resisted nationalist appeals that have gained traction in Hungary and Slovakia. His victory ahead of centre-right mayor Elena Lasconi -- who scored 19.18 percent -- ended the hopes of Prime Minister Marcel Ciolacu to compete for the presidency in the December runoff. After coming third at 19.15, Ciolacu said his Social Democratic Party (PSD) won't challenge the narrow result, and announced his resignation as party leader. Experts say the far right's surprise success could affect the parliamentary elections later this week, and even influence the chances of forming a future government. In the runoff ballot on December 8, Lasconi will face Georgescu, a NATO critic who in the past expressed his admiration for Russian President Vladimir Putin. Georgescu's popularity surged ahead of the vote with a viral TikTok campaign calling for an end to aid for Ukraine, which shares a 650-kilometre (400-mile) border with Romania. In a first reaction on his YouTube channel, the 62-year-old independent candidate insisted "there is no East or West", stressing that neutrality was "absolutely necessary". "I am not an extremist, I am not a fascist -- I am a Romanian who loves his country," he said in reference to media reports that "tried to portray" him in a wrongful way. For his rival Lasconi, the upcoming runoff represents "an existential battle", "a historic confrontation" between those who wish to "preserve Romania's young democracy" and those who want to "return to the Russian sphere of influence". "We must not allow anger to throw us back into the past," she said to thunderous applause from her supporters, vowing to stand up for Europe and NATO. The political earthquake comes amid soaring inflation and mounting fears of Romania being potentially dragged into Russia's war in neighbouring Ukraine, as the country has emerged as a key player on the alliance's eastern flank. In Sunday's vote, another far-right contender, AUR party leader George Simion, secured nearly 14 percent. Already pounding the campaign trail for this week's parliamentary elections, Simion said Romania now has "the chance to have a sovereign government and a sovereign president". Overall, the far right won more than a third of all votes in Sunday's presidential ballot. "The far right is by far the big winner of this election," political scientist Cristian Pirvulescu told AFP, predicting a possible "contagion effect" in the parliamentary vote. Extremist forces and Lasconi's centre-right party now have "wind in their sails", sociologist Gelu Duminica said, though "it remains to be seen if they know how to capitalise" on it. The PSD, which has shaped the country's politics for more than three decades, has never before been eliminated in the first round of a presidential election. The National Liberal Party (PNL) party, with whom the PSD currently governs, also suffered a defeat. While many expressed their disbelief over the poll in the streets of the capital Bucharest, others were enthused. Maria Chis, 70, said she was surprised by Georgescu's lead in the first round but had been impressed after watching his TikTok videos. "He seems a man of integrity, serious and patriotic. He inspires seriousness. I think only someone like him can bring change," said the pensioner, who was planning to vote for him in the second round. Alex Tudose, the owner of a construction company, was gloomy. "There is sorrow, disappointment, that after so many years in Euro-Atlantic structures we voted for a pro-Russian by over 20 percent," the 42-year-old said. "There is clearly a strong fragmentation both in society and in the political class, and I think we saw that yesterday," he said. ani-anb-kym/sbkNasdaq surges above 20,000 after US inflation data matches estimates
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NEW YORK , Nov. 22, 2024 /PRNewswire/ -- GenNx360 Capital Partners ("GenNx360"), a New York -based private equity firm, is pleased to announce the final sale of its portfolio company, ITsavvy LLC ("ITsavvy" or "the Company"), a provider of end-to-end IT infrastructure solutions, to Xerox Holdings Corporation ("Xerox") for $400 million . This transaction marks a significant milestone for GenNx360, as its first investment in the technology services sector. ITsavvy is an Oak Brook, Illinois -based technology solutions and services provider that delivers frictionless IT experiences by designing, developing and delivering technology infrastructure solutions and services that accelerate business outcomes on behalf of its clients. During GenNx360's investment, the Company experienced impressive organic growth, completed an acquisition of a highly strategic AIOps-enabled managed services provider ("MSP") and significantly increased overall profitability through several well-executed margin enhancement initiatives. A committed focus to the Company's services strategy further fueled organic growth and strengthened the Company's overall value proposition. Through the support of GenNx360, the Company also successfully launched an AI and Intelligent Automation strategy. This strategy included commercializing an AI offering to better serve the Company's clients, as well as optimizing the Company's internal operations. "The completion of this transaction marks a significant milestone for ITsavvy and for GenNx360. Over the past two years, ITsavvy has undergone exceptional growth and transformation under the leadership of Munu Gandhi and his team. Their dedication and collaboration with our firm have been critical to the company's success. We are proud of ITsavvy's achievements and confident it will continue to thrive as part of Xerox," said Ron Blaylock , GenNx360 Founder and Managing Partner, and Chairman of the ITsavvy Board of Directors. "We appreciate GenNx360's support and strategic insights over the past two years. They have been an outstanding partner to work with to enhance and evolve our platform," said ITsavvy CEO, Munu Gandhi. "We are excited to join forces with a longstanding company in Xerox, one of the great global brands, and we look forward to supporting their next stage of growth." "As part of our Reinvention, we have created a greater organizational focus on our emerging IT Services capabilities," said John Bruno , President and Chief Operating Officer at Xerox. "ITsavvy's complementary offerings, combined with our reputation, position us to accelerate growth across key markets and unlock new opportunities to help clients transform the way they work." "It has been a privilege to work with Munu and the ITsavvy team over the past two years. We are incredibly proud of the Company's growth and look forward to following their success in the future," said Peter White , Principal at GenNx360 and ITsavvy Board Member. This transaction underscores GenNx360's focus on driving operational excellence and delivering strong outcomes for our investors. Loeb & Loeb and Greenberg Traurig served as legal advisors to ITsavvy and GenNx360. About ITsavvy LLC ITsavvy is an industry-leading IT infrastructure solutions provider with comprehensive value added resell capabilities. Founded in 2004 in suburban Chicago , ITsavvy provides frictionless client experiences through the deployment of holistic solutions that deliver client business outcomes. For more information on ITsavvy, please visit www.itsavvy.com . About GenNx360 Capital Partners GenNx360 Capital Partners is a private equity firm focused on acquiring middle market business services and industrial companies. GenNx360 partners with companies having proven and sustainable business models in expanding industries with the objective of implementing and supporting value-enhancing organic and inorganic initiatives to accelerate growth, deliver cost efficiencies, and generate strong financial returns. GenNx360 was founded in 2006 and is headquartered in New York City . For more information on GenNx360, please visit www.gennx360.com . For media inquiries about this press release, please contact: Alicia Francis , Head of Investor Communications investorrelations@gennx360.com Phone: 929.287.6107 View original content to download multimedia: https://www.prnewswire.com/news-releases/gennx360-capital-partners-finalizes-the-sale-of-itsavvy-to-xerox-holdings-corporation-302314576.html SOURCE GenNx360 Capital PartnersAnalysis: Week 12 full of sloppy play, especially on special teamsHOUSTON (AP) — Addison Patterson's 25 points helped Northwestern State defeat Houston Christian 64-57 on Saturday night. Patterson also added five rebounds and three steals for the Demons (5-5, 2-0 Southland Conference). Jon Sanders shot 5 of 9 from the field, including 2 for 4 from 3-point range, and went 5 for 5 from the line to add 17 points. Willie Williams shot 5 of 6 from the field to finish with 10 points, while adding 11 rebounds. Bryson Dawkins finished with 13 points for the Huskies (3-7, 1-1). D'Aundre Samuels added nine points for Houston Christian. Julian Mackey also had nine points. The Associated Press created this story using technology provided by and data from .
PHILADELPHIA (AP) — Jalen Hurts and A.J. Brown’s troubles connecting on the field have yet to blow into a family feud inside the locker room — honest, both Philadelphia Eagles stars said. Between Hurts and Brown, it’s all good in Philly. “Me and Jalen are good,” Brown said. Added Hurts, “We’re good, we’re good.” So there will be no sit-ups in the driveway, no apologies on the front lawn, and certainly, it seems, no rift between Hurts and his No. 1 receiver. Hurts and Brown each downplayed any hint of a fissure Wednesday between the two after defensive end Brandon Graham appeared this week on a Philadelphia sports radio station and suggested there was friction between the Pro Bowl duo. The two were close friends long before they became teammates and Hurts is the godfather for Brown’s daughter. Graham’s comments — in which he noted “ things have changed ,” between the two, without offering specifics — exploded into tabloid and fan fodder this week in Philadelphia. His insinuations that the duo were not on the same page came on the heels of Brown’s quote after a sluggish win over Carolina that the “ offense ” wasn’t playing up to standard, even with the Eagles at 11-2. RELATED COVERAGE Chargers QB Justin Herbert does not practice because of left ankle injury Bills defense out to prove against high-scoring Lions that it’s better than its dud vs. Rams Saints QB situation remains cloudy as matchup with Washington nears “BG knows he spoke out of place,” Hurts said. Graham, who is sidelined with a triceps injury, clarified his comments later to an ESPN reporter, saying he made the wrong assumption about the relationship between Hurts and Brown and planned to apologize to both players. Brown, with 109 yards receiving combined the last two games, said his beef with the offense wasn’t directed at Hurts. It was everything from offensive coordinator Kellen Moore’s play calling to execution to all the ingredients in a successful offense that make a team a Super Bowl contender. The AP Top 25 college football poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . The usually pass-happy Eagles have leaned more on running back Saquon Barkley, who set the franchise season rushing record of 1,623 yards against the Panthers and is chasing Eric Dickerson for the NFL mark. “Obviously, it’s not about running the ball,” Brown told reporters. “He’s about to win MVP. Clearly. What other things can we do on offense? We have to pass the ball. That can go into protection, that can go into picking up the block, that goes to us getting open quicker. Getting on the same page.” Eagles coach Nick Sirianni said he never witnessed any issues between Hurts and Brown and only saw two players who worked hard together, even working on routes after practice and seemed to have a deep personal connection on and off the field. “You guys get to see three hours every Sunday where emotions can play as high as they’re going to play,” Sirianni said. “I get to see these guys every single day, how they go about their business and interact with each other.” Brown, who was coming off consecutive 1,000-yard receiving seasons, wasn’t necessarily wrong in his frustration with the recent stagnation of the passing game. Hurts, who signed a contract extension ahead of the 2023 season that was worth $179.3 million guaranteed , has thrown for fewer than 200 yards in three straight games. Wide receiver DeVonta Smith — who also complained Sunday about the offense — was also coming off consecutive 1,000-yard receiving seasons but has yet to break 100 yards in a game this season. Brown has four 100-yard games, well off last season’s run when he topped 100 yards in six straight games and seven times overall. Hurts has been more efficient than explosive this season but has still thrown 12 touchdown passes to just one interception — and rushed for 11 more scores — during the Eagles’ nine-game winning streak that has them on the brink of clinching the NFC East. Maybe playing the Steelers on Sunday at home can snap the Eagles out of their offensive malaise. Hurts threw three TD passes to Brown in a 35-13 win in 2022. “Do we all have things to get better at in the passing game? Yeah, I think that’s obvious,” Sirianni said. “I think that’s what we’ve been talking about. We all have things that we’ve got to get better at, coaches, players. But this is why this is the greatest team sport there is. It takes everybody. It takes every single person being together, every single person for the success to happen. It’s just not a one-person thing.” ___ AP NFL: https://apnews.com/hub/NFL
Mohamed Salah 'has agreed a new two-year contract at Liverpool as talisman and the Reds board reach an agreeme - Daily Mail
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Larson Financial Group LLC Has $54,000 Stake in Invesco Solar ETF (NYSEARCA:TAN)
