Wall Street stocks, bitcoin take breath from record highs ahead of US jobs dataWhile the prospect of signing Ramsdale is exciting, Chelsea will face stiff competition from other clubs vying for his signature. Arsenal, Ramsdale's current club, may be reluctant to let go of their prized asset, especially to a direct rival. Negotiations between the two clubs could be complex, and Chelsea will need to act swiftly and decisively if they are to secure Ramsdale's services.Xiaohua, known for her playful and adventurous personality, showcased her creativity and skills as she carefully divided Xiang Zuo's hair into small sections and started braiding each one. The transformation was mesmerizing to watch, and fans couldn't help but marvel at the couple's strong bond and sense of humor. As the braids took shape, Xiang Zuo's expression morphed from disbelief to amusement, and he eventually embraced the new look with a smile.This Turks and Caicos Villa Has Hosted Rock ‘n’ Roll Royalty. Now It Can Be Yours for $39 Million.
Yao Ming's journey to basketball greatness is a remarkable one, starting from his early years in China to becoming a dominant force in the NBA. Standing at an impressive 7 feet 6 inches tall, Yao Ming's presence on the basketball court was not only imposing but also graceful and skillful. His ability to score, rebound, and defend made him a formidable player, earning multiple All-Star selections and accolades throughout his career.In response to these allegations, the South Korean government has taken decisive action by imposing a travel ban on the Police Chief. This move reflects the government's commitment to upholding the rule of law and ensuring accountability among public officials. It sends a clear message that misconduct and abuse of power will not be tolerated, especially in times of crisis when the protection of human rights is paramount.
With a recession deepening and the 1982 midterm elections approaching, Federal Reserve Chair Paul Volcker was summoned to the Oval Office, where Ronald Reagan was sitting with his chief of staff, James Baker. When Baker said Reagan wanted to give Volcker an “order” about interest rates, the 6-foot-7 central banker immediately stalked silently from the room. He did not take orders. Donald Trump is determined to break institutions to the presidential saddle, so people wonder: Could he fire the head of the Fed? (Probably not. Besides, Chair Jerome H. Powell’s term expires in May 2026.) More interesting questions are: What is the Fed for? And is its “independence” a license for mission creep? John H. Cochrane and Amit Seru of the Hoover Institution think the hyperactive Fed has become too ambitious in its interventions in the economy and social policy. Their proposal is the title of their essay “Ending Bailouts, At Last” in the Journal of Law, Economics and Policy. 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Paige Hubl, former Nebraska volleyball player and Lincoln Southeast coach, dies at age 34 Man found dead in north Lincoln, police say Driver of car dead after crash in downtown Lincoln; part of O Street closed Here's what Nebraska volleyball's loss to Penn State means for Huskers' Big Ten title hopes Wisconsin officer grabbing Donovan Raiola's arm a 'misunderstanding,' UW police say Iowa players say Nebraska refused pregame handshake, among other perceived slights Nebraska defensive lineman announces he’ll return for 2025 season Tony White leaves Nebraska for Florida State defensive coordinator job Sound waves: What others are saying about Nebraska's loss to Iowa Matt Rhule, Luke Fickell both downplay postgame encounter between Fickell, Donovan Raiola 'Not what we want to do': Nebraska's Matt Rhule talks pregame handshake snub with Iowa Taco restaurant started by brothers in Grand Island expands to Lincoln Nebraska portal tracker: Jimari Butler and reserve RB among Huskers entering Amie Just: Takeaways from Nebraska volleyball's NCAA tourney, including a Rattler flashback Signing Day: Nebraska football has signatures from 20 of its 20 commits for 2025 class The problematic behavior is a century old and bipartisan: When large financial institutions are in danger of failing, government bails them out by bailing out their creditors. The 1907 financial crisis led in 1913 to the Federal Reserve Act establishing the Fed, which did not prevent the 1933 bank collapse. This led to deposit insurance and many regulations, which did not prevent Continental Illinois Bank’s 1984 failure, the savings and loan crisis of the 1980s and many other bumps on the road to 2008. “Never again, we say, again and again,” wrote Cochrane and Seru. Bailouts multiply, larger each time, spreading to highly leveraged industrial companies, as in the auto bailout of 2009. “Too leveraged to fail,” they wrote, “might be the summary of our new regime.” Too leveraged is a consequence of interest rates too low for too long, combined with confidence that the bailout culture is forever and unlimited. During the pandemic, the market for Treasury bonds became fragile, so the Fed lent bond dealers money to buy the bonds, “then turned around and bought the Treasurys from the dealers a few days later.” Cochrane and Seru wrote that the Fed almost has an implicit policy of buying “whatever quantity” necessary to prop up corporate bond prices. They noted that the Biden administration’s “paycheck protection” program made “forgivable loans” — Washington-speak for gifts — “to small businesses with 500 or fewer employees to cover their business costs, including mortgage interests, rent, utilities and up to eight weeks’ payroll costs.” It is one thing for the accountable political institutions to do this, quite another for the Fed to lend “on lenient terms to the real economy, not just the financial sector.” Throughout the economy, Cochrane and Seru wrote, leverage has been rewarded: “If you saved and bought a house with cash, if you saved and went to a cheaper college rather than take out a big student loan, or if you repaid that loan promptly, you did not get money.” In today’s permanent central-bank-run credit system, “Borrow. Borrow especially if you are big or part of a big and politically influential class of borrowers. As with student loans, borrow from the government.” You might not have to pay it back. When Silicon Valley Bank accepted many large, uninsured deposits, then got in trouble, the Federal Deposit Insurance Corp. — the government — guaranteed all deposits. So now, wrote Cochrane and Seru, “effectively markets expect all deposits of any size to be guaranteed going forward, at least during any newsworthy event.” The Congressional Budget Office projects budget deficits of 5% to 8% of gross domestic product forever. And this, Cochrane and Seru correctly believe, is too unrealistic. CBO assumes no crises, recessions, wars, pandemaics or — most laughably — spending increases. But even this optimistic debt path “simply cannot happen.” “We have,” Cochrane and Seru wrote, “once-in-a-century crises every 10 years these days.” “Crisis” has come to mean “the possibility that someone, somewhere might lose money.” And “contagion” now denotes a vague fear that “any ripple anywhere might bring down the financial system.” Societies get what they incentivize. Moral hazards — incentives for perverse, risky behaviors — are now sown throughout American life. Cumulatively, they might break the government before Trump’s eccentric Cabinet nominees can.
MUMBAI: After losing about 4,100 points last week, the sensex reversed its losing run with a 499-point rally on Monday. It closed at 78,540 points, with 21 of 30 index constituents gaining. On the NSE, the Nifty gained 166 points to close at 23,753. Monday's recovery was driven by gains in financials and IT stocks , according to Vikram Kasat, head of advisory at Prabhudas Lilladher. "The positive sentiment was influenced by softer US inflation data, which buoyed regional markets. Investors are now focusing on RBI's forthcoming monetary policy and the Union Budget 2025, anticipating policy measures that could further support economic growth and market stability," he said. However, trading volumes are expected to be thin in the next few days, mainly due to this being a holiday-shortened week, he added. The day's gains came on the back of strong buying by domestic funds that recorded a net inflow of Rs 2,228 crore. Foreign funds remained net sellers at Rs 169 crore, BSE data showed. Among the sensex constituents, HDFC Bank, Reliance Industries, ITC and ICICI Bank contributed the most to the day's gain. Zomato - which was included in the sensex on Monday - closed sharply lower, down 2.8%. The day's rally added about Rs 76,000 crore to investors' wealth. Ready to Master Stock Valuation? ET’s Workshop is just around the corner!It has now been a year since the controversial "small essay" incident involving Dong Yuhui, which sent ripples through the business world and beyond. Despite the initial backlash and scrutiny, Dong Yuhui has managed to steer his company through the storm and emerge even stronger. The incident, which initially caused a dent in his reputation, has ultimately served as a turning point for his business and has led to the continuous expansion of his business territory.As Chelsea's defensive vulnerabilities have been exposed in recent matches, former club legend Ian Wright has suggested that the team needs to strengthen its defensive capabilities. In particular, he believes that signing Aaron Ramsdale would be the perfect choice to bolster Chelsea's defense.
Hong Myung-bo, who led South Korea to the semi-finals of the 2002 FIFA World Cup, knows a thing or two about the demands of top-level football. In a recent interview, he praised Son Heung-min's work ethic, talent, and dedication to the game. Hong emphasized that Son's contributions to Tottenham Hotspur and the South Korean national team should not be underestimated.
KORE Announces NYSE Acceptance of Plan to Regain Listing Compliance"The game against Liverpool will be a tough test for us, but it is a challenge that we must embrace wholeheartedly," the manager said. "We cannot afford to hold back or play with fear. We must give our all, leave everything on the field, and fight for every ball as if our lives depend on it. That is the only way we can hope to compete with a team of Liverpool's caliber."Furthermore, 12306 urged passengers to remain vigilant and report any suspicious behavior or items to the train staff or authorities immediately. They reiterated the importance of cooperation in maintaining a safe and secure travel environment for all passengers.
The latest data released by the National Bureau of Statistics has revealed that China's Consumer Price Index (CPI) increased by 0.2% year-on-year in November. This marginal uptick indicates a slight but steady rise in the overall cost of goods and services for consumers across the country. Meanwhile, housing prices experienced a slight decline of 0.1% during the same period.
ATLANTA , Dec. 23, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Connectivity, Solutions, and Analytics, today announced it has received notification (the "Acceptance Letter") from the New York Stock Exchange (the "NYSE") that the NYSE has accepted the Company's previously-submitted plan (the "Plan") to regain compliance with the NYSE's continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual relating to minimum market capitalization and stockholders' equity. In the Acceptance Letter, the NYSE granted the Company an 18-month period from September 12, 2024 (the "Plan Period") to regain compliance with the continued listing standards. As part of the Plan, the Company is required to provide the NYSE quarterly updates regarding its progress towards the goals and initiatives in the Plan. In the Plan, Kore included details regarding previously reported operational restructuring activities, as well as an outlook on the Company's business. The Company expects its common stock will continue to be listed on the NYSE during the Plan Period, subject to the Company adherence to the Plan and compliance with other applicable NYSE continued listing standards. The Company's receipt of such notification from the NYSE does not affect the Company's business, operations or reporting requirements with the U.S. Securities and Exchange Commission. Cautionary Note on Forward-Looking Statements This press release includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "believe," "guidance," "project," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook," and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding expected progress with the Company's compliance plan submitted to the NYSE, expected compliance with continued listing standards of the NYSE and expected continued listing of the Company's common stock on the NYSE. These statements are based on various assumptions and on the current expectations of KORE's management. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor or other person as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of KORE. These forward-looking statements are subject to a number of risks and uncertainties, including general economic, financial, legal, political and business conditions and changes in domestic and foreign markets; the potential effects of COVID-19; risks related to the rollout of KORE's business and the timing of expected business milestones; risks relating to the integration of KORE's acquired companies, including the acquisition of Twilio's IoT business, changes in the assumptions underlying KORE's expectations regarding its future business; our ability to negotiate and sign a definitive contract with a customer in our sales funnel; our ability to realize some or all of estimates relating to customer contracts as revenue, including any contractual options available to customers or contractual periods that are subject to termination for convenience provisions; the effects of competition on KORE's future business; and the outcome of judicial proceedings to which KORE is, or may become a party. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that KORE presently does not know or that KORE currently believes are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. In addition, forward-looking statements reflect KORE's expectations, plans or forecasts of future events and views as of the date of this press release. KORE anticipates that subsequent events and developments will cause these assessments to change. However, while KORE may elect to update these forward-looking statements at some point in the future, KORE specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing KORE's assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. KORE Investor Contact: Vik Vijayvergiya Vice President, IR, Corporate Development and Strategy vvijayvergiya@korewireless.com (770) 280-0324 View original content to download multimedia: https://www.prnewswire.com/news-releases/kore-announces-nyse-acceptance-of-plan-to-regain-listing-compliance-302338621.html SOURCE KORE Group Holdings, Inc.Manchester City, on the other hand, have set their sights on the Dutch defender as they aim to add depth and quality to their defensive ranks. With Pep Guardiola's side looking to mount a serious challenge for domestic and European honors next season, the 26-year-old's arrival could provide the defensive assurance and tactical flexibility that City need to compete at the highest level.
“A sense of curiosity is nature’s original school of education.” — Unknown We are born into the world unknowing but highly curious. It is our curiosity that enables us to survive our earliest hours and days. At birth we lack the vocabulary to express thoughts and feelings. However, we use our tears, eye contact, and simple gestures to communicate what’s going on inside us. We do this to articulate our needs and wants. We don’t know where any of this will get us. It is our curiosity about the world that allows us to keep trying until someone responds in a helpful manner. This is all because somewhere inside, we know that we want and need more from the world than we have immediate access to or control over. Over time, these gross-motor gestures, the high-pitched crying, and our everyday unconscious efforts at cuteness turn into other things — still based on curiosity. After those first loud utterances, our little ones get grabby and demanding. They want what they want when they want it; in their own developmentally appropriate way they are “reaching out.” Their fingers, not just their mouths, are making statements of curiosity. Soon enough, children learn the fine art of asking questions. The queries we utter are further extensions of the mind’s desire to learn, to understand and, finally, to make sense of an incomprehensible world. Asking questions of others is one of the most poignant forms of communication and extending our world beyond where it is at any given moment. We are curious about things that really seem to matter to us — otherwise, why bother? For me, it was only in middle adulthood, when teaching the arts of intercultural communication at an international institute. that I was able to craft the three-letter question that still matters to me more than any other: “Is there more?” Over the years since then, I have drawn on this question in my teaching, training and consulting — and it seems to resonate with the vast majority of those with whom I have worked around the world. Why so? Because almost all of us are curious! Article continues after... Cross|Word Flipart Typeshift SpellTower Really Bad Chess Asked with sincerity, this simple question becomes profound. “Is there more?” demonstrates an open mind that is keen to discern what “else” about any given situation in life may be of concern to us. The good news with this is that most people want to respond to this question by generating answers and responses! This gives us more information than perhaps most other question-and-answer combos might. Simply put, curiosity is a strong desire to know or learn something. Simple — but at the same time, amazingly complex. There are so many ways to express our curiosity, to articulate our interest in knowing something or learning more. Since most of us don’t live in vacuums or bubbles, our existence is generally predicated on gaining insight and information from others. Without curiosity, there would be little opportunity to get out of our own way. Likely we would make the same mistakes or clumsy efforts over and over, and over again. The wonderment that curiosity brings enables others to contribute their goodness, knowledge and wisdom to our lives. Like the seed that pushes up against all odds to become a flower, bush or tree, human curiosity serves to nurture us day by day. We use the impetus emanating from our questions and hunger to know to help us create, in whatever ways, in any situation that may be sanguine. As a way of being in the world, curiosity enables us to go above and beyond wherever we are in the present. The early 20th-century Russian psychologist Lev Vygotsky (1896-1934) brought into existence his theory of the “zone of proximal development.” In it, he introduced the concept that refers to the gap between a child’s current level of development and the level they are capable of reaching with tools provided by others with greater knowledge. Young children are able to learn because they are curious, because elders are eager to teach them, and because they have a strong wish to develop mastery in order to “succeed” in the world. While I will write more on the concept of play next year, for this moment I will mention that, according to the Swiss psychologist Jean Piaget, “play is the work of childhood.” Our ability to play as growing children is another way we express our curiosity. One thing that differentiates play from work or other life pursuits is that the “outcome” cannot be known before play has begun. If we weren’t curious, why bother with play? We play for the fun of it. We also play to refine skills, whether they be gross or fine motor or cognitive or social aptitudes. Curiosity is a major driver here. We can and should be thankful that for most of us, curiosity is innate. From the utterance of our first cry that announces our being to the world, most of what we do comes from our need to know, our desire to learn, and the necessity of having our basic needs met. Perhaps we might even think of curiosity as that “thing” that enables us to grow, to move from a situation of surviving to a circumstance of thriving. We are all blessed to have and to use our curiosity for any number of positive causes. Daniel Cantor Yalowitz writes a regular column in the Recorder. A developmental and intercultural psychologist, he has facilitated change in many organizations and communities around the world. His two most recent books are “Journeying with Your Archetypes” and “Reflections on the Nature of Friendship.” Reach out to him at danielcyalowitz@gmail.com.With the race for the Premier League title wide open, football fans can expect thrilling encounters and dramatic twists as the season unfolds. Stay tuned for more action-packed matches and intense battles as the top clubs vie for supremacy in the English top-flight league.
