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Former US president Jimmy Carter has died at the age of 100
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President-elect Donald Trump said on Sunday that Stephen Miran , a Treasury Department adviser in his first administration, would be the chair of his Council of Economic Advisers . The council advises the president on economic policy and is composed of three members, including the chair. The council assists in the preparation of an annual report that gives an overview of the country's economy, reviews federal policies and programs and makes economic policy recommendations. Earlier this year, Miran and economist Nouriel Roubini authored a hedge fund study that said the U.S. Treasury last year effectively provided economic stimulus by moderating long-dated bond sales. The study echoed suggestions by Republican lawmakers that the Treasury deliberately increased issuance of short-term Treasury bills to give the economy a "sugar high" ahead of the November elections. The Treasury denied any such strategy. Miran, a senior strategist at Hudson Bay Capital, has also argued that fears over trade tariffs that Trump has threatened to impose after he takes office next month are overblown. Trade and economic experts have said such duties would raise prices and would effectively be a new tax on consumers. Last month, Trump tapped Kevin Hassett, who was a key economic adviser in his first term, to chair his National Economic Council, which helps set domestic and international economic policy. Hudson Bay Capital took a position in Trump's social media firm Trump Media & Technology in the first quarter of this year.
2024 in review: The year that saw India's women voters emerging as a force to be reckoned withIndia-Australia bilateral goods trade more than doubled in FY23: Govt
Braves urged to poach Dodgers 33-home run slugger on projected $69M deal | Sporting NewsNoneARA gasoline stocks rise 7.5% w/w, Insights Global data showsIsraeli Prime Minister Benjamin Netanyahu successfully underwent surgery to remove his prostate, hospital officials announced on Sunday. The procedure comes as Netanyahu navigates multiple crises, including the ongoing war in Gaza and his corruption trial. Netanyahu, 75, has managed various health issues over recent years but maintains an energetic public image. Amidst a heavy workload over his long political tenure, his recent surgery has stirred discussions on the health of aging global leaders. During his recovery, Justice Minister Yariv Levin served as acting prime minister. With mediatory efforts underway for a ceasefire in Gaza, the timing of Netanyahu's health scare underscores broader geopolitical stakes for Israel. (With inputs from agencies.)
SEBI takes strict action in front running case, bars 9 entities, seizes over Rs 21 croreAccording to the preliminary results of the State Electoral Commission (DIP), the incumbent president and candidate of the SDP party Zoran Milanovic is convincingly in the lead in the first round of the presidential election with 49.10% of the vote. The HDZ party candidate, Dragan Primorac, is in second place with 19.35%. Primorac addressed the public after the results were announced: “Dear Croatians, thank you for going to the polls and showing your responsibility and patriotism. I would especially like to thank those who placed their trust in me, but also those who did not – because you will have the opportunity to do so in the second round of voting. I know the gap may seem large at first glance , but the first round was full of noise and many candidates. It was not easy to fully present our programme with so many centre and right-wing candidates. Now we have a great opportunity: Zoran Milanovic and I will finally face each other one on one, so let’s see who stands for what,” Primorac began. “So far, Milanovic has had a team supporting him while he watched from the shadows. Now I am calling on him – starting tomorrow – to step up and speak out. Tell us what you think, what you know and what your programme is. I will convince you that my programme is much better for the future of Croatia,” he added. Primorac called the current result a challenge and thanked the other candidates for their participation in the election: “ Regardless of the first result, over 50 per cent of citizens want change and we will bring them that change. In the second round, we are starting afresh. All these voters say they want a different Croatia.” Primorac also thanked voters abroad for their support as well as Prime Minister Andrej Plenkovic and the HDZ party: “They have shown how much they believe in me and I promise that I will not disappoint them.” He concluded with about the stakes in the second round : “ 12 January is a crucial day – a day when you will decide the fate of our homeland, which can no longer tolerate division, conflict and a president who leads a political faction from the shadows. Croatia needs a change. I invite you all to listen carefully to what Milanovic and I have to offer and to judge who is the better candidate. I urge everyone to go to the polls and vote for the future of our homeland,” said Primorac.
TikTok is challenging the federal government’s order to shut down its operations in Canada. The company filed in documents in Federal Court in Vancouver on Thursday. The government ordered the dissolution of TikTok’s Canadian business in November after a national security review of the Chinese company behind the social media platform. That means TikTok must “wind down” its operations in Canada, though the app will continue to be available to Canadians. TikTok wants the court to overturn the government’s order and to place a pause on the order while the court hears the case. It is claiming the minister’s decision was “unreasonable” and “driven by improper purposes.” The review was carried out through the Investment Canada Act, which allows the government to investigate any foreign investment with potential to harm national security. Industry Minister François-Philippe Champagne said in a statement at the time the government was taking action to address “specific national security risks,” though it didn’t specify what those risks were. TikTok’s filing says Champagne “failed to engage with TikTok Canada on the purported substance of the concerns that led to the (order.)” The company argues the government ordered “measures that bear no rational connection to the national security risks it identifies.” It says the reasons for the order “are unintelligible, fail to reveal a rational chain of analysis and are rife with logical fallacies.” The company’s law firm, Osler Hoskin & Harcourt LLP, declined to comment, while Champagne’s office did not immediately respond to a request for comment. A TikTok spokesperson said in a statement that the order would “eliminate the jobs and livelihoods of our hundreds of dedicated local employees — who support the community of more than 14 million monthly Canadian users on TikTok, including businesses, advertisers, creators and initiatives developed especially for Canada.” This report by The Canadian Press was first published Dec. 10, 2024. Darryl Greer and Anja Karadeglija, The Canadian Press
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For orchardist and Freshco director Greig Taylor there is nothing better than looking out over his orchard knowing he is growing apples efficiently and cost-effectively. He has called on technology and evolution to enhance effective water usage in his orchards and wants more people to understand how they do it. Taylor opened up one of his orchards to Hawke’s Bay Today earlier this year to help reassure the public that water was being put to good use and not wasted. “As water users, we feel there is a lack of understanding and a bit of education we can do.” At River Cottage Orchard on Davis Rd in Longlands, Hastings, Taylor is now seeing the impacts of his improved tree structures.
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Shares of Energy Transfer LP ( NYSE:ET – Get Free Report ) dropped 0.1% on Friday . The company traded as low as $19.10 and last traded at $19.24. Approximately 1,999,282 shares traded hands during trading, a decline of 85% from the average daily volume of 13,669,208 shares. The stock had previously closed at $19.26. Wall Street Analysts Forecast Growth Several equities research analysts have recently weighed in on the company. Barclays increased their price target on shares of Energy Transfer from $18.00 to $22.00 and gave the stock an “overweight” rating in a report on Friday, December 20th. The Goldman Sachs Group increased their target price on shares of Energy Transfer from $17.00 to $20.00 and gave the stock a “neutral” rating in a research note on Thursday, December 19th. UBS Group boosted their price target on shares of Energy Transfer from $22.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday, September 18th. Bank of America began coverage on shares of Energy Transfer in a report on Thursday, October 17th. They issued a “buy” rating and a $20.00 price target on the stock. Finally, Wells Fargo & Company lifted their price objective on Energy Transfer from $20.00 to $21.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th. One investment analyst has rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, Energy Transfer currently has a consensus rating of “Moderate Buy” and a consensus price target of $20.55. Get Our Latest Analysis on ET Energy Transfer Stock Performance Energy Transfer ( NYSE:ET – Get Free Report ) last announced its quarterly earnings results on Wednesday, November 6th. The pipeline company reported $0.32 EPS for the quarter, hitting analysts’ consensus estimates of $0.32. The business had revenue of $20.77 billion for the quarter, compared to analysts’ expectations of $21.59 billion. Energy Transfer had a return on equity of 12.38% and a net margin of 5.90%. The business’s quarterly revenue was up .2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.31 EPS. Analysts expect that Energy Transfer LP will post 1.32 earnings per share for the current year. Energy Transfer Cuts Dividend The company also recently announced a quarterly dividend, which was paid on Tuesday, November 19th. Stockholders of record on Friday, November 8th were issued a dividend of $0.3225 per share. The ex-dividend date of this dividend was Friday, November 8th. This represents a $1.29 dividend on an annualized basis and a dividend yield of 6.69%. Energy Transfer’s dividend payout ratio is currently 94.85%. Institutional Investors Weigh In On Energy Transfer Large investors have recently made changes to their positions in the business. Empowered Funds LLC raised its stake in Energy Transfer by 15.0% in the third quarter. Empowered Funds LLC now owns 346,825 shares of the pipeline company’s stock worth $5,567,000 after buying an additional 45,172 shares in the last quarter. Kingsview Wealth Management LLC raised its position in shares of Energy Transfer by 30.9% in the 3rd quarter. Kingsview Wealth Management LLC now owns 242,042 shares of the pipeline company’s stock worth $3,885,000 after acquiring an additional 57,184 shares in the last quarter. FMR LLC lifted its stake in shares of Energy Transfer by 44.0% in the 3rd quarter. FMR LLC now owns 33,379,297 shares of the pipeline company’s stock valued at $535,738,000 after purchasing an additional 10,195,768 shares during the period. Clear Street Derivatives LLC bought a new stake in shares of Energy Transfer during the third quarter valued at approximately $2,565,000. Finally, GFS Advisors LLC grew its stake in Energy Transfer by 19,380.5% in the third quarter. GFS Advisors LLC now owns 60,000 shares of the pipeline company’s stock worth $963,000 after purchasing an additional 59,692 shares during the period. 38.22% of the stock is currently owned by institutional investors. About Energy Transfer ( Get Free Report ) Energy Transfer LP provides energy-related services. The company owns and operates natural gas transportation pipeline, and natural gas storage facilities in Texas and Oklahoma; and approximately 20,090 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. See Also Receive News & Ratings for Energy Transfer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Transfer and related companies with MarketBeat.com's FREE daily email newsletter .