Last month, Cynthia Erivo and Ariana Grande created social media’s new favorite meme during an interview with journalist Tracy Gilchrist as they promoted their movie musical, "Wicked." One exchange from the conversation went massively viral after Gilchrist mysteriously informed the film’s stars that fans were “holding space” for the lyrics of “Defying Gravity,” one of the musical’s most iconic songs. Gilchrist asked Grande and Erivo if they knew that “people are taking the lyrics of ‘Defying Gravity’ and really holding space with that and feeling power in that,” which prompted an emotional response from Erivo. Neither of them seemed to know exactly how to reply, and Grande took hold of Erivo’s finger as they looked at one another. In a new " Variety " feature with director Jon M. Chu, they discussed the moment and what was going on in their minds. “I was surprised, because I had no idea. I hadn’t been looking that much,” Erivo said. At the time, Gilchrist asserted that she had seen people treating the song with reverence because she works in “queer media.” “I honestly didn’t know what that meant—am I also in queer media, maybe?” Erivo explained. “Work! Let’s both be there.” Grande chimed in, “I didn’t know what any part of it meant. I didn’t understand the first sentence, and then I definitely didn’t understand how you responded. And I just wanted to be there. Because I knew something big was happening, and I didn’t know how to be there.” “After a while, I didn’t know how to be there,” Erivo replied. About the finger grab, Grande said, “I’m going to grab this, because she looks like you might need something. I don’t know what the tapping was about.” Erivo then said it was simply “tension.” Grande praised Gilchrist despite the shared confusion in the moment, saying, “She’s also an amazing interviewer and a lovely person. That goes without saying...I feel really relieved that the world had the same experience with this moment that I did, because I felt like, ‘Oh, I’m not broken.’” After the clip first went viral, Gilchrist clarified her meaning with Variety , saying, “‘Holding space’ is being physically, emotionally and mentally present with someone or something,” and that people were “finding solace or inspiration” in the song following Donald Trump’s election.AP News Summary at 4:12 p.m. EST
FG provides compensation to textile industrial park communitiesBy Girish Linganna Donald Trump’s re-election as U.S. President could have a big impact on India-US relations, especially in areas like technology, chips, and semiconductors. As he begins his second term on January 20 next year ,, both countries will face a mix of opportunities and challenges that could shape their tech and economic ties in new ways. In recent years, semiconductors have become a key part of the global economy and a major area of focus for many countries. The COVID-19 pandemic exposed weaknesses in the global supply chain, showing how heavily the world depends on a few producers. This has pushed countries to reduce their reliance on others and invest more in making semiconductors locally. Trump’s government has strongly advocated for reducing dependence on Chinese manufacturing and encouraged shifting supply chains to friendly countries, a strategy called “friend-shoring.” This approach fits well with India’s “Make in India” program, which aims to turn the country into a global center for manufacturing. India is working hard to grow its semiconductor industry by introducing policies and incentives to attract investments. The goal is to create a strong foundation for semiconductor production and development in the country. The Production Linked Incentive (PLI) scheme has played a big role in boosting manufacturing in India. It provides financial rewards to companies that start production units in the country. For example, companies like Dixon Technologies are now important players, making smartphones and computers for global brands under this program. This progress is likely to grow even more with increased focus on India-US cooperation in the semiconductor industry. Trump’s re-election creates both opportunities and challenges for the semiconductor industry. While his focus on making the economy more self-reliant sounds promising, it could also mean new tariffs and trade restrictions, which might make global business more complicated. During his campaign, Trump suggested adding high taxes, like a 25% tariff, on products imported from countries like Canada and Mexico. These measures could increase the costs of making semiconductors since the industry depends on parts and materials from around the world. However, this also gives India a chance to step up as a good option for semiconductor manufacturing. With its skilled workers and investor-friendly policies, India could attract more businesses in this sector. The Initiative on Critical and Emerging Technologies (iCET), started in January 2023, has become a key part of India-US partnership in advanced technology areas. The second iCET Summit, held in July 2024, showcased the progress achieved in semiconductors, clean energy, and advanced technologies. Both countries have agreed to strengthen their partnership by focusing on sharing technology, working together on research and development, and building systems that support innovation. This initiative is set to play an important role in shaping the future of India-US partnerships in advanced technology. In the coming years, an important area to watch will be how the semiconductor supply chain develops. For a long time, a few major companies have controlled the industry, with Taiwan’s TSMC being a global leader in chip manufacturing. But the global situation is changing, and countries like India and Japan are becoming key players in the semiconductor supply chain. TSMC is working to localize its supply chain and grow its presence in the US and Japan, showing how the industry is shifting. The company’s choice to work with Asian suppliers like Taiwan’s Kinik and Japan’s Ebara for important manufacturing solutions highlights the increasing importance of regional partnerships in the semiconductor industry. India is making early efforts to develop its own Electronics Manufacturing Services (EMS) industry, which is worth noting. Government subsidies and incentives have encouraged companies like Dixon Technologies to set up operations. Dixon now produces smartphones for brands like Motorola and Xiaomi, as well as PCs for companies like Acer and Lenovo. These efforts are part of a larger plan to build a self-sufficient semiconductor industry in India. The goal is to rely less on imports and strengthen the country’s ability to produce semiconductors locally. Trump’s re-election brings uncertainty about the future of the US CHIPS and Science Act. This act is designed to promote semiconductor manufacturing in the US by offering large investments and incentives. Trump’s criticism of the Act and his plans for new tariffs could create challenges for the semiconductor industry. However, this also gives India a chance to become a stronger partner for the US in advanced technology fields. India can attract investments and encourage partnerships by aligning its policies with the US’s friend-shoring approach, helping to boost innovation and growth. In summary, Donald Trump’s second term as US President is likely to significantly influence India-US relations, especially in the areas of technology, chips, and semiconductors. Although there are some challenges and uncertainties, there are also great opportunities for collaboration and growth. Both countries can use their strengths to create a strong and innovative semiconductor industry that supports their economies and strengthens their partnership. As the global semiconductor industry keeps changing, India and the US are in a good position to adapt to these shifts and work together to reach their common goals. ( IPA Service )
Published 4:21 pm Sunday, November 24, 2024 By Data Skrive Monday’s college basketball slate has plenty of excitement, including the matchup between the Memphis Tigers and the UConn Huskies, and you’ll find our best bets against the spread for two games in this article. Watch men’s college basketball, other live sports and more on Fubo. What is Fubo? Fubo is a streaming service that gives you access to your favorite live sports and shows on demand. Use our link to sign up for a free trial. Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER .Barefoot Investor Don't miss out on the headlines from Barefoot Investor. Followed categories will be added to My News. When I was a kid we’d drive to the ‘big smoke’ (Mildura) once a year to do our Christmas shopping. For my mum shopping was a social event. She’d meet up with her friends. She’d try things on. And, if the sales assistant did a good job on her, she might even pop it on laybuy (stuff was expensive back then). And while my mum was having the time of her life, my old man was ... standing out the front of the shop. The thought of going into an airconditioned shop for a bit of a ‘looky look’ never crossed his mind. So he either stood in the 40 degree heat reading the newspaper, or made small talk with the other dads that were doing the same thing. Isn’t that outdated with a side serving of sexism? Sure, but that was my childhood. Twenty years later, the internet changed shopping forever. It went from being a real-world social event to a solitary pastime. There is no friction, no waiting, no talking, and an unlimited range of everything. You buy (often with Afterpay), enticed by free shipping, knowing that you can simply send it back if it doesn’t fit. The internet essentially became a giant shopping mall, and there was a sale happening all the time. (Next week: Black Friday ... followed by Cyber Monday. Ho, Ho Ho!) Yet in the last few years shopping has gone Tik Tok on us. Chinese e-commerce giant Temu is one of the fastest growing retailers in the world. Picture: Nicolas TUCAT / AFP) The fastest growing retailers on the planet right now are Temu and Shein. Here’s the model: they sell outrageously cheap junk direct from factories in China (essentially they make it on demand) and deliver it to your door in a throwaway plastic bag. And this week Amazon joined the fray by launching their very own copycat service called Haul. “Say hello to crazy low prices: unbelievable finds $20 and under”, the banner says on the Haul app (though Amazon has said that most of their junk – my term – will be priced under $10, and some under $1). And in doing so they have announced a new chapter in retailing: Shopping is now a form of gambling. Yes, gambling. On Temu you can buy three outfits for $20. An entire dinner set for $8. An iPhone charger for $1.25. And when you hit ‘buy’, you’re taking a gamble: You know it’ll likely break, it’ll be dodgy, or the sizing will be way off. Yet if you wear even a couple of items from your haul, that’s a win, right? And because it’s all so incredibly cheap you’re not going to bother sending it back. Anyway, I spent some time on the site, and here’s my shopping review: It’s the shopping equivalent of MAFS. You don’t need anything on this site. You’ll be dumber for buying it. Like MAFS it’s just plastic junk designed to drill your dopamine and leave you unsatisfied. And it’s also terrible for the environment. Here’s the lifecycle: It goes from some factory in China, to your joint, to your cupboard, to your big red bin, and then to the bottom of Sydney Harbour (or wherever those garbo trucks go). Tread Your Own Path! I Don’t Want to Adult Anymore Hi Scott, My husband and I are in our twenties. We have just gotten our first mortgage and have had a real shock at how much it costs to be adults, and frankly we don’t like it. After living with my parents for three years, and two kids later, we are finding it tough. Our mortgage is just under 60% of our income, so I don’t know how I can get our expenses to under 60%. We both work full time and our kids are in daycare. My husband is an apprentice plumber and I’m in the public service. He tries to get cash work but it’s hard competition out there. I’m just not sure how we can survive considering we got our mortgage only three months ago so refinancing is not really an option. Any tips? Bindi Being an adult totally sucks, agrees Scott Pape. Hey Bindi, Yes, being an adult totally sucks. And, just when you think it couldn’t get any suckier, you’ll get hit with your council rates, then house and contents insurance, and the hot water service will go to god ... all on the same day. Now I’m assuming you went through the ‘Bank of Mum and Dad’ to help secure the loan, because you wouldn’t have gotten it on your own. In that case, you serve as the ‘after’ mugshot of what happens when you give kid-ults a hand-out disguised as a help-out. You’re reaching for the ripcord three months after you got the loan?! Surely you looked at what your repayments would be before you signed on the dotted line?! Bindi, I’m reaching for a paper bag because I’m hyperventilating at the moment. BREATHE, BAREFOOT! Okay, so my breathing is back under control. Let me put away my paper bag and my passively aggressive double dose of exclamation and question marks and give you some advice. You’re parents now, so it’s time to behave like responsible adults. So I want you to call your bank and tell them you’re in hardship. Show them your budget. They’ll likely allow you to switch to interest only on your home loan – which will reduce your repayments – perhaps until your husband finishes his apprenticeship, and he starts earning some decent coin. Until then, enjoy the baked beans, do your Santa shopping on Gumtree, and sell whatever you can to get at least $2000 Mojo in the kitty. You will get through this, and it will make you stronger and wiser. Promise. Should I Go to Cash? Hi Scott, Love your articles! I’m sure you’ll get a million questions to this effect, but what should we do with our super based on Warren Buffett’s indicator (mentioned in last week’s column) ? Do we move our super investments to more conservative options (cash, etc)? Hayley Warren Buffett (left) and Donald Trump believe the sharemarket is headed in different directions. Hi Hayley I can’t tell you what you should do, but I can tell you what I’m doing: Nothing. Here’s the problem with converting to cash ahead of a crash: You have to be right twice. As in, you not only have to pick the right time to sell your shares and move to cash ... but you have to pick the right time to buy in again, just before the market recovers. And, as my wife will tell you, I’m rarely right once ... let alone twice! When you look at the long-term track record of the markets, things have turned out exceedingly well if you follow another piece of advice from Buffett: “The trick is, when there is nothing to do, do nothing.” And that’s good enough for me! Young and Stupid Hi Scott, Our Year 12 economics teacher just read out one of your Q&A newsletters in class. An 18-year-old guy had written to you confessing he’d spent $8000 on a credit card. He said he felt a burden to share it because many Aussie teens fall into the same trap. It dawned on me that I’m now eligible for a credit card too. The $$$ symbols flash before my eyes, just for a moment. It clearly illustrates just how easy it is to fall into stupid mistakes being young, and I really don’t want to be stupid. So I’m simply writing to say thanks. I’ll definitely be getting your book! Annie The Barefoot Investor by Scott Pape Hi Annie You’re right, you can get ahead of most people in life simply by avoiding doing the ‘stupid’ stuff. That’s how people stay in loving relationships, out of jail, away from debt collectors, and with their adult teeth intact. Yet if you really want to thrive, and live an amazing life, you need to go one step further. You need to actively build up the belief that you, Annie, are a really savvy woman with money. How do you do that? You prove it to yourself with the little actions you do, starting today. Yes, you avoid credit cards, but you also open an investing app and start buying index funds. Yes, you avoid Afterpay, but you also set up your buckets and start saving for a house deposit, even if it’s years into the future. I’m a self-serving grubby author, but I’ve always thought my book makes a good graduation present. Good luck! DISCLAIMER: Information and opinions provided in this column are general in nature and have been prepared for educational purposes only. Always seek personal financial advice tailored to your specific needs before making financial and investment decisions. More Coverage Warren Buffett sounds the alarm for investors SCOTT PAPE Blindsided bride calls off wedding over $9k Uber Eats debt SCOTT PAPE Join the conversation Add your comment to this story To join the conversation, please log in. Don't have an account? Register Join the conversation, you are commenting as Logout More related stories Barefoot Investor Warren Buffett sounds the alarm for investors Donald Trump believes we are entering a ‘golden age’ of investment returns but legendary stock picker Warren Buffett is screaming ‘SELL’. So who’s Barefoot Investor backing? 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Iceland votes for a new parliament after political disagreements force an early electionA role reversal doomed the No. 22 Xavier Musketeers in their only loss of the season, against Michigan at the Fort Myers Tip-Off on Wednesday. Normally a team that avoids committing turnovers and pressures its opponent into making them, Xavier (6-1) will try to recapture its early-season winning form when it hosts South Carolina State on Sunday in Cincinnati. Through their six wins, the Musketeers had just 58 turnovers while forcing 82 by their opponents. But against the Wolverines, they lost the turnover battle 19-10 and the game 78-53. The Musketeers committed 14 turnovers in the first half and fell behind 41-30. Xavier head coach Sean Miller credited his team for typically playing an up-tempo style while avoiding mistakes, while also acknowledging that the turnover bug really bit them against the Wolverines. "We lost to a really good team; no shame in that," Miller said. "We, on top of that, didn't play well." "And that (avoiding turnovers) is something you (usually) do well? That's going to be hard to overcome against a quality team like Michigan." Leading scorer Ryan Conwell (17.6 points per game) gave the Musketeers a boost with 19 points. Zach Freemantle, second on the team at 15.4 ppg, added 14 points and 10 rebounds. Problematically, however, they also contributed to the turnover problem with three apiece. "We didn't play well enough to win the game," Miller said. "The game got out of hand. It's not like our guys quit. Their depth just continued to wear on us." The Musketeers also get 11 points and a team-high 4.4 assists per game from Dayvion McKnight. The guard had just one turnover against Michigan, but he also made just one of his eight shot attempts. Xavier may have an opportunity get right in the turnover area against the Bulldogs (4-4), who are No. 207 in the NCAA in assist-to-turnover ratio at 1.11. South Carolina State is fresh off an 82-53 road loss to Marshall on Wednesday, in a game in which turnovers weren't a huge problem. But assists and made shots were hard to come by for the Bulldogs. Leading scorer Drayton Jones (12.0 ppg) again paced his team in points with 10 vs. Marshall, but the Bulldogs as a team managed just six assists and shot terribly at the 3-point (18.8 percent) and the free-throw (47.1 percent) lines. Jones is also the team's leading rebounder with 5.1 a game, but no Bulldogs player is averaging more than two assists. It's all part of the learning process for coach Erik Martin, whose first team went 5-26 in 2022-23. The Bulldogs improved to 14-18 last season, including 9-5 in the Mid-Eastern Athletic Conference. "The only way you can grow sometimes is by failure or by struggling," Martin said this offseason. "You have to fail in order to learn how to deal with failure and move on and become the person you're supposed to be." --Field Level Media
