Against the backdrop of endorsement for second term in office and activities ahead of the 2026 governorship election, Ekiti State governor, Biodun Oyebanji has said his political future would be determined by God who has never failed him. Governor Oyebanji stated this in Ado Ekiti on Friday night at the monthly Evening of Praise and Worship at the Jibowu Hall, Government House Ground. He expressed confidence in God’s ability to work out things in his favour, maintaining that God who did it for him in 2022, would do it again in 2026. The Governor who disclosed that he received text messages from politicians regularly, expressing anxieties over 2026, said his belief is that God’s plan supersedes any human agenda, adding that he would not lose sleep over the development as God is in control. Reflecting on his administration’s achievement so far, Governor Oyebanji attributed the significant progress recorded across critical sectors in the state to divine intervention despite the economic realities. He added that since he handed over Ekiti state to God, the state has enjoyed abundant peace, progress and prosperity. Speaking further, the Governor said his focus remains on delivering good governance and fulfilling the promises he made to Ekiti people. “God is in charge of everything including the 2026 that many people are anxious about. “He will take care of everything. For now, let us concentrate on the work that has been given to us and let us do it very well,” he added. According to him, “For those that are worried about 2026, sending me text messages everyday, don’t bother yourself. “God that did the last one will do it again. Don’t bother yourself. Some complain that I am not a politician, that I don’t understand politics. “I am not bothered about this, nothing is going to stop my peace because I serve the God of peace. “What God does not give a man, he cannot have it and when God makes up his mind, nobody can stop him. “So, I am just saying this so that you can stop sending me text messages expressing anxieties about 2026.” NIGERIAN TRIBUNE Get real-time news updates from Tribune Online! Follow us on WhatsApp for breaking news, exclusive stories and interviews, and much more. Join our WhatsApp Channel nowSoccer-Bayern manager Kompany bewildered by new Champions League format
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Israel strikes Houthi rebels in Yemen's capital while the WHO chief says he was meters away JERUSALEM (AP) — A new round of Israeli airstrikes in Yemen has targeted the Houthi rebel-held capital of Sanaa and multiple ports. The World Health Organization’s director-general said Thursday's bombardment took place just “meters away” as he was about to board a flight in Sanaa. He says a crew member was hurt. The strikes followed several days of Houthi attacks and launches setting off sirens in Israel. Israel's military says it attacked infrastructure used by the Houthis at the airport in Sanaa, power stations and ports. The Israeli military later said it wasn’t aware that the WHO chief was at the location in Yemen. At least three people were reported killed and dozens injured in the Sanaa airport strike. An uneasy calm settles over Syrian city of Homs after outbreak of sectarian violence HOMS, Syria (AP) — Syria’s new security forces checked IDs and searched cars in the central city of Homs a day after protests by members of the Alawite minority erupted in gunfire and stirred fears that the country’s fragile peace could break down. A tense calm prevailed Thursday after checkpoints were set up throughout the country’s third-largest city, which has a mixed population of Sunni and Shia Muslims, Alawites and Christians. The security forces are controlled by the former insurgent group Hayat Tahrir al-Sham, which led the charge that unseated former President Bashar Assad. The US says it pushed retraction of a famine warning for north Gaza. Aid groups express concern. WASHINGTON (AP) — U.S. officials say they asked for — and got — the retraction of an independent monitor's warning of imminent famine in north Gaza. The internationally Famine Early Warning System Network issued the warning this week. The new report had warned that starvation deaths in north Gaza could reach famine levels as soon as next month. It cited what it called Israel's “near-total blockade” of food and water. The U.S. ambassador to Israel, Jacob Lew, criticized the finding as inaccurate and irresponsible. The U.S. Agency for International Development, which funds the famine-monitoring group, told the AP it had asked for and gotten the report's retraction. USAID officials tell The Associated Press that it had asked the group for greater review of discrepancies in some of the data. Powerful thunderstorms rumble across Texas, delaying holiday travel DALLAS (AP) — Severe thunderstorms are firing up in parts of Texas and could trigger high winds, hail and potential tornadoes. More than 100 flights were delayed and dozens more were canceled Thursday at airports in Dallas and Houston. The National Weather Service says the greatest weather risk stretched from just east of Dallas, and between Houston and portions of southern Arkansas and western Louisiana. The risk includes the possibility of tornadoes, wind gusts between 60 and 80 miles per hour and large hail. The National Weather Service issued a tornado watch for several counties in southeast Texas, including the Houston area. Trump has pressed for voting changes. GOP majorities in Congress will try to make that happen ATLANTA (AP) — Republicans in Congress plan to move quickly in their effort to overhaul the nation’s voting procedures, seeing an opportunity with control of the White House and both chambers of Congress. They want to push through long-sought changes such as voter ID and proof-of-citizenship requirements. They say the measures are needed to restore public confidence in elections. That's after an erosion of trust that Democrats note has been fueled by false claims from Donald Trump and his allies of widespread fraud in the 2020 election. Democrats say they are willing to work with the GOP but want any changes to make it easier, not harder, to vote. Americans are exhausted by political news. TV ratings and a new AP-NORC poll show they're tuning out NEW YORK (AP) — A lot of Americans, after an intense presidential election campaign, are looking for a break in political news. That's evident in cable television news ratings and a poll from The Associated Press-NORC Center for Public Affairs Research. The poll found nearly two-thirds of Americans saying they've found the need recently to cut down on their consumption of political and government news. That's particularly true among Democrats following President-elect Donald Trump's victory, although a significant number of Republicans and independents feel the same way. Cable networks MSNBC and CNN are really seeing a slump. That's also happened in years past for networks that particularly appeal to supporters of one candidate. Aviation experts say Russia's air defense fire likely caused Azerbaijan plane crash as nation mourns Aviation experts say that Russian air defense fire was likely responsible for the Azerbaijani plane crash the day before that killed 38 people and left all 29 survivors injured. Azerbaijan is observing a nationwide day of mourning on Thursday for the victims of the crash. Azerbaijan Airlines’ Embraer 190 was en route from Azerbaijan’s capital of Baku to the Russian city of Grozny in the North Caucasus on Wednesday when it was diverted for reasons yet unclear and crashed while making an attempt to land in Aktau in Kazakhstan. Cellphone footage circulating online appeared to show the aircraft making a steep descent before smashing into the ground in a fireball. Ukraine's military intelligence says North Korean troops are suffering heavy battlefield losses KYIV, Ukraine (AP) — Ukraine's military intelligence says North Korean troops are suffering heavy losses in Russia's Kursk region and face logistical difficulties as a result of Ukrainian attacks. The intelligence agency said Thursday that Ukrainian strikes near Novoivanovka inflicted heavy casualties on North Korean units. Ukraine's president said earlier this week that 3,000 North Korean troops have been killed and wounded in the fighting in the Kursk region. It marked the first significant estimate by Ukraine of North Korean casualties several weeks after Kyiv announced that North Korea had sent 10,000 to 12,000 troops to Russia to help it in the almost 3-year war. Ex-Sen. Bob Menendez, citing 'emotional toll,' seeks sentencing delay in wake of wife's trial NEW YORK (AP) — Former U.S. Sen. Bob Menendez is asking a federal judge to delay his end-of-January sentencing on bribery charges, saying his family would suffer a “tremendous emotional toll” if the New Jersey Democrat was sentenced during his wife's trial. His lawyers told Judge Sidney H. Stein in a letter that Nadine Menendez would face a jury that might find it impossible not to hear about her husband's sentencing if it occurred eight days into her trial. The 70-year-old Menendez was convicted in July of 16 charges, including bribery. His wife, whose trial was postponed when she was diagnosed with breast cancer, faces much of the same evidence as her husband. How the stock market defied expectations again this year, by the numbers NEW YORK (AP) — What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. The benchmark index posted its first back-to-back annual gains of more than 20% since 1998. The year featured many familiar winners, such as Big Tech, which got even bigger as their stock prices kept growing. But it wasn’t just Apple, Nvidia and the like. Bitcoin and gold surged and “Roaring Kitty” reappeared to briefly reignite the meme stock craze.
Messi's son debuts at Argentina youth tournament as grandparents watchEuroDry stock plunges to 52-week low, hits $14.1How Labour's new green drive will cost you £32,000: JEFF PRESTRIDGE's guide to protect YOUR cash from the eco-zealots By JEFF PRESTRIDGE Updated: 22:47, 26 November 2024 e-mail View comments The drive to turn us into a nation of heat-pump owners is back in fifth gear. Led by the fervent Ed Miliband, Secretary of State for Energy Security and Net Zero, homeowners are once again being encouraged to rip out their gas boilers and replace them with expensive heat pumps to help save the planet (believe me, heat pumps will make NO difference to the planet’s survival). Although the Tory government of Boris Johnson was the initial flag-waver when it came to heat pumps, Mr Miliband – a heat pump zealot – has taken the flag-waving to a new level. A sea of green flags is now being waved before our very eyes. Earlier this month, he threw more buckets of money at the so-called Boiler Upgrade Scheme (BUS) to ensure that homeowners who want to make the leap from gas boiler to heat pump will have ready access to grants worth up to £7,500. Without the grants, heat pumps would be out of the financial reach of most households (more on this in a minute). Even with them, they remain an option that only a minority of households can afford. He also announced that planning rules would be relaxed to ensure that nearly everybody who wants a heat pump installed on an exterior wall of their home will soon be able to go ahead – irrespective of the fact that the pump’s noise could well keep the neighbours awake for most of the night. Get pumped: Homeowners are once again being encouraged to rip out their gas boilers and replace them with expensive heat pumps to help save the planet Cities could soon be turned into ‘cacophonous’ heat pump farms, according to one respected commentator. Ear plugs at the ready for the heat pump raves. Mr Miliband wasn’t finished. He also said that the boiler tax will return from next April – a fine paid by boiler manufacturers unable to meet unachievable heat pump sales targets – and passed on to buyers of gas boilers in the form of higher prices. It will be a modest fine to begin with, but is likely to be cranked up every year while green Labour (green in so many other ways) remains in power. Mr Miliband has supporters. The grandiose Energy & Climate Intelligence Unit followed the announcements with a ludicrous press release that played the patriotic card. It said heat pumps would help wean the UK off foreign imported gas – without squaring the circle by admitting that most heat pumps are manufactured in Asia and then imported into the UK. RELATED ARTICLES Previous 1 Next The ultimate five tricks energy experts use to keep heating... How can I make a foolproof insurance claim for flood damage... Share this article Share HOW THIS IS MONEY CAN HELP How to save money on energy: What you need to know and energy-saving tips that work Even manufacturers here assemble heat pumps primarily from components brought into the country on container ships sailing the seven seas. Yet there are more discerning experts who believe that the Government’s belief in a heat pump future – with its target of 600,000 installations a year by 2028 (more than ten times last year’s installation figure) – will end in failure. Yesterday, Gordon Hughes, a former senior adviser on energy and environmental policy at the World Bank, told Money Mail that the 2028 installation target is not credible, even if larger subsidies were handed out to buyers of heat pumps. He also said that even at an installation rate of 600,000 a year, it would take 45 years to convert all houses to heat pumps – way beyond the country’s legally binding commitment under the Climate Change Act 2008 to reach net zero emissions by 2050. Mr Hughes added: ‘Almost everyone with practical knowledge of the energy sector knows that current heat pump targets are both daft and unachievable. ‘But policies are a matter of religious faith, and few are willing to be cast out for saying the emperor has no clothes.’ Money Mail searches for the answers to the key questions facing households thinking about joining Mr Miliband in his heat pump crusade. How much is it going to cost? It depends on the type of heat pump installed – air pump or ground source. The air source pump sits on the outside wall of a home – and looks like the air conditioning units that you see outside many industrial buildings. This pump is painful on the eyes (an eyesore), ears (it’s noisy and gets noisier as it ages) and wallet, costing an average of £13,200 to install. In basic terms, it sucks air from the outside which then interacts with a refrigerant – a chemical substance – to produce heat which can be used to warm radiators and create hot water. Then there is the grander ground source pump which, through the laying of underground pipes (typically in the back garden), draws upon natural-occurring heat stored in the ground to ultimately heat radiators and water in the home. These can cost anything between £15,000 and £30,000, which makes them the Louis Vuitton of heat pumps. But this government – and Mr Miliband in particular – is desperate for households to wean themselves off gas boilers and buy these expensive pumps. So desperate, in fact, that it offers grants of £7,500 to those who get them installed (properly). These are provided through BUS (gov.uk/apply-boiler-upgrade-scheme) and available to households in England and Wales (other energy-efficiency grants are on offer in Scotland and Northern Ireland). So that takes the price of the respective pumps down to a more reasonable £5,700 (air) and £7,500 to £22,500 (ground). To put these sums into perspective, the cost of replacing a gas boiler is around £2,500. So, should you buy a pump? Mike Foster, chief executive of energy trade association the Energy and Utilities Alliance, says that if people want a heat pump and can afford it, ‘they should go out and get one’. Yet a survey by consumer group Which? indicates that cost remains a big issue – 71 pc of respondents who know about heat pumps say they are out of their financial range. Installation costs are also not necessarily the only financial hit. Heat pumps are not effective in homes where windows are single glazed (as opposed to double glazed), or where walls are not insulated. According to the Energy Saving Trust (EST), the cost of fitting A-rated windows (the most energy-efficient double-glazed windows) for a semi-detached house typically cost £15,000, while cavity wall insulation will cost £2,700. Grants: Secretary of State for Energy Security Ed Miliband If you have solid walls and want them insulated, the EST reckons that will set you back £7,500 if fitted internally, or £11,000 externally. In short, fitting a heat pump in a solid-wall, semi-detached house with A-rated windows and external wall insulation will set you back £39,200 – £31,700 net of the £7,500 grant. Running costs will still be more than that of a gas boiler, too. Mr Foster says: ‘You may hear from supporters of heat pump technology that it is three times more efficient than a gas boiler. ‘What they fail to mention is that the average unit price of electricity is four times higher than that for gas. This means a heat pump works out slightly more expensive to run over a full year than a gas boiler.’ For the 50 per cent of homes that use gas for cooking, Mr Foster adds that a conversion to heat pumps will mean the need for electric cooking appliances – yet more cost (typically, £250 for an electric oven, £225 for an electric hob, and £250 for installation) on top of the £39,200. Mr Hughes agrees. He says the differential between gas and electricity prices makes it financially ‘daft’ to replace a gas boiler with a heat pump. He adds: ‘Electricity prices would have to be less than half their current level – with gas prices not changing – to even make a heat pump a consideration.’ Is the boiler tax a game-changer? From April next year, the Government’s Clean Heat Market Mechanism (CHMM) will impose swingeing taxes on boiler manufacturers if heat pumps represent less than 6 per cent of all domestic heating installations. For every heat pump installation short of their target, the manufacturers will be hit with a £500 fine. But Mr Miliband’s zealotry towards heat pumps means the sky is the limit in 12 months’ time. The tax will be passed on by manufacturers to buyers of gas boilers in the form of higher prices. Based on the current demand for gas boilers and heat pumps, Mr Foster estimates that it is likely to add £25 to the average cost of a gas boiler when fines are set at £500. But if Mr Miliband were to impose a more onerous heat pump installation target and bigger fines, the gap between heat pump and gas boiler installation costs would start closing. If the Secretary of State demanded a 24 per cent installation target – similar to the electric vehicle targets imposed on car manufacturers – and a fine of £5,000 per heat pump short of the target, Mr Foster says this would result in a boiler tax for customers of £1,000. Peter Thom, founder of energy efficiency specialist Green Heat, says the financial mathematics for households aren’t changed by CHMM. He says: ‘My advice would still be to replace a failing gas boiler with another gas boiler.’ But he adds: ‘I would ensure that any new installation works effectively at a lower temperature – which may mean putting in higher-output radiators. I’d also make sure that the heating controls are upgraded. ‘This would mean your heating system is heat-pump ready for when the dice is loaded so heavily against gas boilers that heat pumps are the way forward.’ Eyesore: Air source heat pumps sit on the outside wall of a home – and looks like the air conditioning units you see outside many industrial units Could better tech drive down prices? Not according to Mr Foster. He says heat pumps are already sold in their millions worldwide (especially in the Far East) and their basic design has not changed much. Yes, he says, they could become quieter – but that will come at a price. Unless a vicious boiler tax is introduced, a gas boiler will always be cheaper than a heat pump. Is the funding sustainable? No. Mr Thom says the installation target of 600,000 heat pumps per year by 2028 will cost the taxpayer £4.5 billion annually (assuming the BUS grant remains at £7,500). If the annual target of 1.6 million new heat pumps is achieved in 2035, it will cost £12 billion a year. He adds: ‘This is like being at the Mad Hatter’s party on Fantasy Island. ‘I also question the moral compass of a government which is providing grants of £7,500 to help essentially wealthy people install heat pumps while, at the same time, taking away the winter fuel allowance from millions of pensioners – with some four million people now in fuel poverty.’ A damning comment. Are you a heat pump sceptic or a zealot? Email: jeff.prestridge@dailymail.co.uk Can you save money on energy bills? Check the best fixed deals When energy prices spiked most households slipped energy price cap tariffs, but it is now possible again to switch to fixed rate energy deals that can save you money. This is Money's recommended partner uSwitch lets you compare the best energy deals for you, based on your home and gas and electricity costs. > Compare the best energy deals with uSwitch* By entering your address and energy usage, you can search for energy deals that can cut your costs and suit how you live. Switching energy provider can also help the planet, if you move to one of the a green deals offering electricity from renewable sources and more environmentally-friendly gas. > Check the best fixed rate energy deals with uSwitch and This is Money * *Affiliate links: If you take out a product This is Money may earn a commission. This does not affect our editorial independence. 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We do not allow any commercial relationship to affect our editorial independence.
TORONTO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Rivalry Corp. (the " Company " or " Rivalry ") (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), the leading sportsbook and iGaming operator for digital-first players, is pleased to announce that it has closed the initial tranche of a non-brokered private placement of 12,930,707 units of the Company (the " Units "), at a price of $0.15 per Unit, for aggregate gross proceeds of approximately $1.94 million (the " Offering "). The Company may complete one or more additional closings, for aggregate gross proceeds (together with the proceeds raised under the initial closing) of up to approximately USD$3 million. Unless otherwise noted, all dollar figures are quoted in Canadian dollars. “This initial tranche of our non-brokered private placement was primarily subscribed to by insiders, family and friends, and long-term shareholders,” said Steven Salz, Co-Founder and CEO of Rivalry. “This commitment and demonstration of support is deeply gratifying as we press ahead into a new chapter for the Company.” Each Unit is comprised of one (1) subordinate voting share in the capital of the Company (each, a " Subordinate Voting Share ") and one-half of one (1/2) Subordinate Voting Share purchase warrant (each whole warrant, a " Warrant "). Each Warrant is exercisable into one Subordinate Voting Share in the capital of the Company (each, a " Warrant Share ") at a price of $0.25 per Warrant Share for a period of 12 months from the date hereof, subject to the Company's right to accelerate the expiry date of the Warrants upon 30 days' notice in the event that the closing price of the Subordinate Voting Shares is equal to or exceeds $0.50 on the TSX Venture Exchange (or such other recognized Canadian stock exchange as the Subordinate Voting Shares are primarily traded on) for a period of 10 consecutive trading days. The Company intends to use the proceeds from the Offering for corporate development and general working capital purposes. The Subordinate Voting Shares and Warrants, and any securities issuable upon exercise thereof, are subject to a four-month statutory hold period, in accordance with applicable securities legislation. The Company has paid an aggregate of $14,953.74 in finder's fees in connection with the closing of the first tranche of the Offering. This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the " U.S. Securities Act "), or any applicable state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws, or an exemption from such registration requirements is available. 1,333,300 Units were issued to Steven Isenberg, a director of the Company and a "related party" (within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (" MI 61-101 ")) and such issuance is considered a "related party transaction" for the purposes of MI 61-101. Such related party transaction is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the securities being issued to the related parties nor the consideration being paid by the related parties exceeded 25% of the Company’s market capitalization. The purchasers of the Units and the extent of such participation were not finalized until shortly prior to the completion of the Offering. Accordingly, it was not possible to publicly disclose details of the nature and extent of related party participation in the transactions contemplated hereby pursuant to a material change report filed at least 21 days prior to the completion of such transactions. About Rivalry Rivalry Corp. wholly owns and operates Rivalry Limited , a leading sport betting and media company offering fully regulated online wagering on esports, traditional sports, and casino for the digital generation. Based in Toronto, Rivalry operates a global team in more than 20 countries and growing. Rivalry Limited has held an Isle of Man license since 2018, considered one of the premier online gambling jurisdictions, as well as an internet gaming registration in Ontario, and is currently in the process of obtaining additional country licenses. With world class creative execution and brand positioning in online culture, a native crypto token, and demonstrated market leadership among digital-first users Rivalry is shaping the future of online gambling for a generation born on the internet. Company Contact: Steven Salz, Co-founder & CEO ss@rivalry.com 416-565-4713 Investor Contact: investors@rivalry.com Media Contact: Cody Luongo, Head of Communications cody@rivalry.com 203-947-1936 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. Cautionary Note Regarding Forward-Looking Information and Statements This news release contains certain forward-looking information within the meaning of applicable Canadian securities laws ("forward-looking statements"). All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "achieve", "could", "believe", "plan", "intend", "objective", "continuous", "ongoing", "estimate", "outlook", "expect", "project" and similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking statements are based on the opinions and estimates of management of the Company at the date the statements are made based on information then available to the Company. Various factors and assumptions are applied in drawing conclusions or making the forecasts or projections set out in forward-looking statements. Forward-looking statements are subject to and involve a number of known and unknown, variables, risks and uncertainties, many of which are beyond the control of the Company, which may cause the Company’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Such factors, among other things, include regulatory or political change such as changes in applicable laws and regulations; the ability to obtain and maintain required licenses; the esports and sports betting industry being a heavily regulated industry; the complex and evolving regulatory environment for the online gaming and online gambling industry; the success of esports and other betting products are not guaranteed; changes in public perception of the esports and online gambling industry; failure to retain or add customers; the Company having a limited operating history; negative cash flow from operations; operational risks; cybersecurity risks; reliance on management; reliance on third parties and third-party networks; exchange rate risks; risks related to cryptocurrency transactions; risk of intellectual property infringement or invalid claims; the effect of capital market conditions and other factors on capital availability; competition, including from more established or better financed competitors; and general economic, market and business conditions. For additional risks, please see the Company’s MD&A dated April 30, 2024 and other disclosure documents available on SEDAR+ at www.sedarplus.ca. No assurance can be given that the expectations reflected in forward-looking statements will prove to be correct. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Source: Rivalry Corp.
ENVESTNET INC. ANNOUNCES MAKE-WHOLE FUNDAMENTAL CHANGE AND SUPPLEMENTAL INDENTURES UNDER ITS 0.75% CONVERTIBLE NOTES DUE 2025 AND 2.625% CONVERTIBLE NOTES DUE 2027JERUSALEM — Israel’s defense minister has confirmed that Israel assassinated Hamas’ top leader last summer and is threatening to take similar action against the leadership of the Houthi rebel group in Yemen. The comments by Israel Katz appeared to mark the first time that Israel has acknowledged killing Ismail Haniyeh, who died in an explosion in Iran in July. Israel was widely believed to be behind the blast and leaders have previously hinted at its involvement. In a speech Monday, Katz said the Houthis would meet a similar fate as the other members of an Iranian-led alliance in the region, including Haniyeh. He also noted that Israel has killed other leaders of Hamas and Hezbollah, helped topple Syria’s Bashar Assad and destroyed Iran’s anti-aircraft systems. “We will strike (the Houthis’) strategic infrastructure and cut off the head of the leadership,” he said. “Just like we did to Haniyeh, Sinwar and Nasrallah in Tehran, Gaza and Lebanon, we will do in Hodeida and Sanaa,” he said, referring to Hamas and Hezbollah leaders killed in previous Israeli attacks. The Iranian-backed Houthis have launched scores of missiles and drones at Israel throughout the war, including a missile that landed in Tel Aviv on Saturday and wounded at least 16 people. Israel has carried out three sets of airstrikes in Yemen during the war and vowed to step up the pressure on the rebel group until the missile attacks stop. Here’s the latest: WASHINGTON — The Pentagon acknowledged Monday that there are more than 2,500 U.S. troops in Iraq, the total routinely touted publicly. It also said the number of forces in Syria has grown over the past “several years” due to increasing threats, but was not openly disclosed. Maj. Gen. Pat Ryder, Pentagon press secretary, said in a statement that there are “at least 2,500” U.S. military personnel in Iraq “plus some additional, temporary enablers” that are on rotational deployments. He said that due to diplomatic considerations, the department will not provide more specifics. The U.S. concluded sensitive negotiations with the government of Iraq in September that called for troops to begin leaving after the November election. The presence of U.S. troops there has long been a political liability for Iraqi leaders who are under increased pressure and influence from Iran. U.S. officials have not provided details about the withdrawal agreement, but it calls for the mission against the Islamic State group to end by September 2025, and that some U.S. troops will remain through 2026 to support the anti-IS mission in Syria. Some troops may stay in the Kurdistan region after that because the regional government would like them to stay. Ryder announced last week that there are about 2,000 U.S. troops in Syria – more than double the 900 that the U.S. had acknowledged publicly until now. On Monday he said the extra 1,100 deploy for shorter times to do force protection, transportation, maintenance and other missions. He said the number has fluctuated for the past several years and increased “over time.” JERUSALEM — Israel’s defense minister has confirmed that Israel assassinated Hamas’ top leader last summer and is threatening to take similar action against the leadership of the Houthi rebel group in Yemen. The comments by Israel Katz appeared to mark the first time that Israel has acknowledged killing Ismail Haniyeh, who died in an explosion in Iran in July. Israel was widely believed to be behind the blast and leaders have previously hinted at its involvement. In a speech Monday, Katz said the Houthis would meet a similar fate as the other members of an Iranian-led alliance in the region, including Haniyeh. He also noted that Israel has killed other leaders of Hamas and Hezbollah, helped topple Syria’s Bashar Assad and destroyed Iran’s anti-aircraft systems. BEIRUT — The United Nations peacekeeping mission in southern Lebanon on Monday said it has observed recent “concerning actions” by the Israeli army in southern Lebanon, including the destruction of residential areas and road blockages. A spokesperson for the peacekeeping mission, Kandice Ardiel, told The Associated Press that peacekeepers also observed on Monday an Israeli flag flying in Lebanese territory near Naqoura. The town hosts the headquarters of the peacekeeping mission, known as UNIFIL. Under the terms of the U.S.-brokered ceasefire agreement that ended the 14-month war between Israel and Hezbollah, the Israeli army is required to complete its withdrawal from Lebanon within 60 days of the agreement’s signing on Nov. 27. Since the ceasefire went into effect, the Israeli army has conducted near-daily military operations in southern villages, including firing gunshots, house demolitions, excavations, tank shelling and strikes. These actions have killed at least 27 people, wounded more than 30, destroyed residential buildings and, in one case, a mosque. “Peacekeepers continue to monitor the situation on the ground and report violations of Resolution 1701,” Ardiel said. “We reiterate our call for all actors to cease and refrain from violations of Resolution 1701 and any actions that may upset the current delicate balance.” On Monday, Lebanon’s caretaker Prime Minister Najib Mikati visited the site of an Israeli airstrike in the southern town of Khiam as part of a tour of front-line areas alongside army chief Joseph Aoun and UNIFIL Head of Mission Aroldo Lazaro. Mikati and Lazaro urged the withdrawal of Israeli troops from Lebanese territory to allow the army to fully assume its duties. JERUSALEM — The Israeli military says three soldiers were killed Monday in combat in northern Gaza. The military did not provide details of the circumstances. According to a statement released Sunday, the brigade in which the three were serving completed its operational activities in the northern town of Beit Lahiya on Sunday. It then began operating in the nearby town of Beit Hanoun following intelligence suggesting the presence of militants there. Since the start of the ground offensive in the Gaza Strip, 389 Israeli soldiers have been killed. JERUSALEM — Israeli Prime Minister Benjamin Netanyahu said Monday there is “some progress” in efforts to reach a hostage and ceasefire deal in Gaza, although he added he could not give a time frame for a possible agreement. Of the roughly 250 people who were taken hostage in the Hamas-led raid on Israel on Oct. 7, 2023 that sparked the war, around 100 are still inside the Gaza Strip, at least a third of whom are believed to be dead. Speaking in the Knesset, Netanyahu said “we are taking significant actions through all channels to return our loved ones. I would like to tell you cautiously that there is some progress.” Netanyahu said he could not reveal details of what was being done to secure the return of hostages. He said the main reasons for the progress were the death of Hamas leader Yahya Sinwar and Israel’s military actions against Iran-backed Hezbollah militants who had been firing rockets into Israel from neighboring Lebanon in support of Hamas. “Hamas hoped that Iran and Hezbollah would come to its aid but they are busy licking the wounds from the blows we inflicted on them,” he said, adding that Israel was also putting “relentless military pressure” on Hamas in Gaza. “There is progress. I don’t know how long it will take,” Netanyahu said. JERUSALEM — Israel's military said Monday it intercepted a drone launched from Yemen before it entered Israeli territory, days after a long-range rocket attack by Yemen's Houthi rebels hit Tel Aviv, injuring 16 people from shattered glass. The military said no air raid warning sirens were sounded Monday. Israel says the Iran-backed Houthis have fired more than 200 missiles and UAVs, or unmanned aerial vehicles, during the Israel-Hamas war in Gaza. The Houthis have also been attacking shipping in the Red Sea and Gulf of Aden — attacks they say won’t stop until there is a ceasefire in Gaza. The attacks on shipping and Israel are taking place despite U.S. and European warships patrolling the area. On Saturday night and early Sunday, the U.S. conducted airstrikes on Yemen. Last week, Israel launched its own airstrikes on Yemen, killing at least nine people, and a Houthi missile damaged a school in Israel. DAMASCUS, Syria — A Qatari delegation visited the Syrian capital on Monday for the first time in more than a decade and met with the country's top insurgent commander, who said strategic cooperation between Damascus and Doha will begin soon. Qatar, along with Turkey, has long backed the rebels who now control Damascus, and the two countries are looking to protect their interests in Syria now that former President Bashar Assad has been overthrown. The Qatari delegation was headed by the minister of state for foreign affairs, Mohammed al-Khulaifi, who met with Ahmad al-Sharaa, leader of Hayat Tahrir al-Sham, or HTS, the insurgent group that overthrew Assad on Dec. 8. Al-Sharaa was quoted as saying by Syrian media that they have invited the emir of Qatar to visit Damascus adding that relations will return to normal soon. Al-Sharaa said Qatar will back Syria during the transitional period and the two countries will soon start “wide strategic cooperation.” Al-Sharaa also met Monday with Jordan’s Foreign Minister Ayman Safadi as well as a Saudi official. Unlike Qatar, Saudi Arabia and Jordan had relations with Assad’s government until he was removed from power. JENIN, West Bank — The Palestinian Authority says a second member of its security forces has been killed in the West Bank town of Jenin during clashes with Palestinian militants . Brig. Gen. Anwar Rajab, the spokesman for PA security forces, said 1st Sgt. Mehran Qadoos was killed on Monday by “outlaws” in the volatile northern town, where the security forces launched a rare crackdown earlier this month. A member of security forces also was killed on Sunday. An Associated Press reporter in Jenin heard heavy gunfire and explosions, apparently from a battle between the security forces and Palestinian militants. There was no sign of Israeli forces in the area. Militant groups had earlier called for a general strike across the territory, accusing the security forces of trying to disarm them in support of Israel’s half-century occupation of the territory. The Western-backed Palestinian Authority is internationally recognized but deeply unpopular among Palestinians , in part because it cooperates with Israel on security matters. Israel accuses the authority of incitement and of failing to act against armed groups. The Palestinian Authority exercises limited authority in population centers in the West Bank. Israel captured the territory in the 1967 Mideast War, and the Palestinians want it to form the main part of their future state. Israel’s current government is opposed to Palestinian statehood and says it will maintain open-ended security control over the territory. Violence has soared in the West Bank following Hamas’ Oct. 7, 2023 attack out of Gaza, which ignited the war there. JENIN, West Bank — Palestinians in the volatile northern West Bank town of Jenin are observing a general strike called by militant groups to protest a rare crackdown by Palestinian security forces. An Associated Press reporter in Jenin heard gunfire and explosions, apparently from clashes between militants and Palestinian security forces. It was not immediately clear if anyone was killed or wounded. There was no sign of Israeli troops in the area. Shops were closed in the city on Monday, the day after militants killed a member of the Palestinian security forces and wounded two others. Militant groups called for a general strike across the territory, accusing the security forces of trying to disarm them in support of Israel’s half-century occupation of the territory. The Western-backed Palestinian Authority is internationally recognized but deeply unpopular among Palestinians , in part because it cooperates with Israel on security matters. Israel accuses the authority of incitement and of failing to act against armed groups. The Palestinian Authority blamed Sunday’s attack on “outlaws.” It says it is committed to maintaining law and order but will not police the occupation. The Palestinian Authority exercises limited authority in population centers in the West Bank. Israel captured the territory in the 1967 Mideast War, and the Palestinians want it to form the main part of their future state. Israel’s current government is opposed to Palestinian statehood and says it will maintain open-ended security control over the territory. Violence has soared in the West Bank following Hamas’ Oct. 7, 2023 attack out of Gaza, which ignited the war there. BEIRUT — Lebanon’s caretaker prime minister has begun a tour of military positions in the country’s south, almost a month after a ceasefire deal that ended the war between Israel and the Hezbollah group that battered the country. Najib Mikati on Monday was on his first visit to the southern frontlines, where Lebanese soldiers under the U.S.-brokered deal are expected to gradually deploy, with Hezbollah militants and Israeli troops both expected to withdraw by the end of next month. Mikati’s tour comes after the Lebanese government expressed its frustration over ongoing Israeli strikes and overflights in the country. “We have many tasks ahead of us, the most important being the enemy's (Israel's) withdrawal from all the lands it encroached on during its recent aggression,” he said after meeting with army chief Joseph Aoun in a Lebanese military barracks in the southeastern town of Marjayoun. “Then the army can carry out its tasks in full.” The Lebanese military for years has relied on financial aid to stay functional, primarily from the United States and other Western countries. Lebanon’s cash-strapped government is hoping that the war’s end and ceasefire deal will bring about more funding to increase the military’s capacity to deploy in the south, where Hezbollah’s armed units were notably present. Though they were not active combatants, the Lebanese military said that dozens of its soldiers were killed in Israeli strikes on their premises or patrolling convoys in the south. The Israeli army acknowledged some of these attacks.
Editor’s Note: The InvestorPlace offices will be closed from Tuesday, December 24, to Wednesday, January 1 , for the holidays. The Customer Service department will be open for email inquiries only on December 26, 27, 30, and 31. Happy Holidays! Hello, Reader. In the spirit of the holiday season, I’d like to share a small gift with you: a particular stock I’ve been closely watching. It is a battery metals company that I’ve held long-term. And although it’s not garnering the same media buzz as some of its peers, this company recently hit a 52-week high... and I believe it could continue to outperform in the months ahead. Here’s why... Electric vehicles (EVs) and other green technologies require battery metals – like copper, nickel, lithium, and aluminum – and, as such, are creating powerful long-term demand trends. These metals all play a critical role in a megatrend I first highlighted more than four years ago. I called it the “Second Electric Revolution,” which continues to accelerate, particularly in the rapidly expanding EV and energy storage sectors. That spells good news for Alcoa Corp. ( AA ) , the largest U.S.-based aluminum producer. Now, aluminum does not receive the same high-profile attention that other battery metals do, but the solar industry is a prodigious consumer of aluminum, and, as I said, so is the EV industry. Alcoa’s current valuation is cheap enough that the stock could deliver outsized gains, especially if aluminum demand ramps up more quickly and powerfully than investors currently expect. While the price of aluminum fell sharply after the 2022 spike – during the early days of the Ukrainian invasion – the long-term outlook remains strong. A report from the London-based International Aluminium Institute ( IAI ) finds that global aluminum demand will jump about 40% by 2030 – and cleantech industries will power most of that growth. As a result, the report states that aluminum producers will need to ramp up their production from 86 million metric tons in 2020 to 120 metric tons by 2030. According to the research firm Wood Mackenzie, solar industry demand for aluminum could increase from just under 3% of total world consumption to nearly 13% by 2040. In the EV industry, aluminum does not play a significant electrification role, but the body and chassis of each Tesla Model S contains about 410 pounds of aluminum! That’s no accident. Because aluminum is so much lighter than steel, EV manufacturers covet the metal. An aluminum vehicle can travel much farther on a single charge than a steel vehicle can. For this reason, many EV manufacturers are ramping up their aluminum consumption. In fact, aluminum is the fastest-growing material in the automotive market. Wood Mackenzie expects aluminum demand for EVs to hit 2.4 million tonnes by 2025, and then quadruple to nearly 10 million tonnes by 2040. At that point, EV demand for aluminum would total about 12% of the global total. Obviously, these forecasts are merely guesses, but the trend is clear. EV demand for aluminum is ramping higher. And that’s just one source of demand from the cleantech sector. According to the IAI, renewable energy needs will create demand for aluminum to replace existing copper cabling for power distribution. In total, the electric sector will require an additional 5.2 million metric tons by 2030, according to the group. You get the idea. Despite the strong supply-demand dynamics in the aluminum market, the Alcoa share price is reflecting all doom and no boom. However, from this low valuation, Alcoa offers substantial upside potential. Smart Money Roundup Are These AI Stocks Ready for a Comeback? My InvestorPlace colleague Luke Lango has been covering the two waves of the AI Boom in his publications for the past few years. And as the AI Boom accelerates, AI itself isn’t going to take over the world – but businesses using AI will. So I’ve invited Luke here to give us the big picture on the AI Boom... and what it means for the companies building new businesses on top of the AI superhighway (and eventually the AGI highway). The AGI Race Is on... and so Is the Race for the Best AGI Plays When AGI arrives, it could identify problems that humans never even considered, and then create solutions, all on its own. But it could also introduce terrifying new forms of warfare. And because of AGI’s superhuman potential for both good and evil, the U.S. will devote itself completely to winning the AI race. So, I want to not only show you how the U.S. will win this race... but also how you can get in on it. Every Investor Should Own the “Stock of the Decade”... but They Shouldn’t Stop There I recently worked with my InvestorPlace colleagues Louis Navellier and Luke Lango to put together a portfolio of the best of the best AI stocks . And we recently took to the “airwaves” to tell folks all about it. One of those stocks is Nvidia Corp. ( NVDA ), which Louis calls the “stock of the decade.” He will explain why it’s not too late to add NVDA to your portfolio. These Low-Lying AI Companies Are Ready to Explode Most investors missed out on the initial phase of the AI Revolution. However, another wave of AI innovation is coming. In fact, the opportunity here is significantly larger than any previous AI application. I’ll tell you what to expect from this new wave of winners... and where to find some of that opportunity. Looking Ahead In this coming New Year, we believe that a singular event – AI Day One – will kick off the biggest, fastest societal change in human history. It will even make the version of ChatGPT that launched in 2022 look as relevant as a VHS tape. It will also be the biggest investment opportunity of our lifetimes, where we believe the AI Appliers will dominate. These are companies that are not at the forefront of producing the material needed to create AI. Instead, they are employing AI technology within their own products and services. AI appliers are everywhere... and growing by the day. That is why Louis, Luke, and I put our heads together to find the AI Applier stocks that we believe could skyrocket from AI Day One. To learn more about these stocks, you can click here to watch out special broadcast. You’re next Smart Money will be available Thursday. Until then, we wish you a wonderful holiday. Regards, Eric FryAre DOGE and PEPE About To Be Eclipsed By This Moonbound Altcoin?
