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No. 22 Xavier aims to keep its perfect record intact Monday night in Fort Myers, Fla., when it takes on South Carolina in the Fort Myers Tip-Off. The Musketeers (5-0) are coming off an 80-55 victory on Wednesday over Siena, while the Gamecocks (3-2) beat Mercer on Thursday 84-72. Against Mercer, South Carolina sank a season-best 12 3-pointers -- tied for the fourth-most in a single game under third-year coach Lamont Paris. Jamarii Thomas, a senior transfer from Norfolk State, had 19 points and swished 4 of 5 shots from behind the arc. "Thomas got some good, clean looks," Paris said. "It was good to see those guys make their shots. Hopefully it gets those guys going in the right direction." On the season, the Gamecocks are making 7.8 3-pointers per game and shooting 32.5 percent from deep. Senior guard Jacobi Wright makes a team-best 1.8 3-pointers per game and shoots 37.5 percent from behind the arc. At 13.0 ppg, he is second on the team behind Collin Murray-Boyles (15.8). Xavier is allowing eight makes from deep per game and is letting opponents shoot 38.5 percent from behind the arc, which ranks 337th in the country. And despite an undefeated record so far for the Musketeers, third-year coach Sean Miller is worried about his players developing bad habits. "We have a virus that everybody is looking at the stat sheet, trying to get as many points as they possibly can," Miller said after the win over Siena. "They want to win, but they really want to win and score. We need a couple of guys that are willing to rebound, defend, make the extra pass, play at a high level defensively and understand what makes a team great." Marcus Foster did a decent job of doing a little bit of everything for Xavier against Siena, piling up 12 points, five rebounds, five assists and a steal. It was the first double-digit scoring outing for Foster -- a grad transfer from Furman -- in a Xavier uniform. Since 2008, Xavier is 25-11 against teams from the Southeastern Conference, but it hasn't played South Carolina in that stretch. --Field Level MediaMADRID (AP) — Real Valladolid beat Valencia 1-0 and rose off the bottom of La Liga on Friday. Moroccan forward Anuar scored with a solo effort after 19 minutes. “It's a sense of relief because we needed the three points,” Anuar said on broadcaster DAZN. “It was like a final, and fortunately, we managed to come out on top.” Valladolid's Juanmi Latasa was sent off 12 minutes from time after a video review showed he used an elbow, but the home side managed to hold on for the win against a toothless rival. It was a welcome three points for caretaker coach Álvaro Rubio and his first since replacing Paulo Pezzolano, who was fired at the start of December. Valencia replaced Valladolid on the bottom of the table. Valencia has only two wins in 15 league games, but two games in hand. AP soccer: https://apnews.com/hub/soccerA week of questions about eligibility of NH's trans student athletes yields no clarity
CNOOC Limited Subsidiary Signed SPA With INEOS EnergyVikings make two moves to fortify roster in Week 13 vs. Cardinals
Trump disavowed Project 2025. Now he's hiring its contributors for his administrationA former election commissioner has pointed out that the second phase of the 10,000-baht cash handout scheme risks violating the law as the government is due to distribute the money to 4 million elderly Thais during Chinese New Year, which is a few days before the elections of the chiefs of provincial administrative organisations (PAOs). Somchai Srisutthiyakorn posted on his Facebook account yesterday that the government is trying to claim that all people aged 60 years should be considered vulnerable because they have no income and need to be taken care of. He said it is using this generalised claim as a pretext to distribute the money without risking being accused of using the 40 billion baht budget to sway public opinion ahead of the local elections. The handout is scheduled to be made by Jan 29 while the elections will take place on on Feb 1. Mr Somchai said he was certain someone would file a petition to impeach the government for violating Section 9 of the State Fiscal and Financial Disciplines Act BE 2561 (2018), specifically the paragraph that states: "The Council of Ministers must not carry out the administration of state affairs in a manner concentrating upon the creation of political popularity likely to prejudice the national economic system and the public at large over the long term." Niphon Bunyamanee, a former deputy leader of the Democrat Party and a former PAO chief, said the cash handouts would be unlikely to stimulate the economy as claimed. "The scheme is just an advertisement for the government to gain more popularity," he said. "Candidates from the government party [Pheu Thai] or those close to the government will benefit from this. At the same time, competitors do not have the same level of resources to create such an advantage," he said, referring to the proximity of the planned handout to the elections. He said the government should focus on sustainable economic policies, promoting investment to create productivity, employment, and income for the people, especially investment in skills tied to digital technology and AI. Former senator Somchai Sawangkarn said the upcoming handout would likely be in violation of the State Fiscal and Financial Disciplines Act BE 2561 and other laws.
China concluded the much-awaited annual Central Economic Work Conference (CEWC) on Dec 12, outlining the government’s main economic objectives and policy plans for 2025, which are largely in line with our CEWC preview and Politburo meeting. As usual, key growth and policy targets were not announced at CEWC but will be released at the National People’s Congress (NPC) meeting next March. The CEWC recognized the growth headwinds from domestic demand weakness and external uncertainties, although the potential higher US tariffs was not cited explicitly. Therefore, the CEWC prioritized “stabilizing growth” as the central task and emphasized boosting domestic demand with more proactive macro policies, with “reviving household consumption” listed as a top task. In particular, the government highlighted its comprehensive goals of achieving stable growth, stable employment and “reasonable rebound” of inflation, the latter of which is a direct response to the lingering deflation pressure and an important anchor for market expectation and policy setting. Overall speaking, the CEWC set a much more supportive macro policy tone to stabilize growth, while more details are still set to be revealed later. More specifics expected throughout 2025-26 Our baseline forecast assumes that a plan of higher US tariffs may be released in Q1 2025 and implemented in stages starting from Q3 2025. Therefore, after the March NPC unveils next year’s overall policy stimulus package, we think the government may also ramp up additional policy support in stages throughout the rest of 2025 and in 2026, as macro situations develop, higher tariffs are announced and their impact is felt. Some of the proposed policy targets and measures in the CEWC may be revised in the NPC meeting. The CEWC emphasized more expectation management, better policy coordination and stronger local incentives. Some market participants and policy advisors may expect China to set 2025’s growth target at “around 5 percent” again to anchor market expectations, which we think is very challenging to achieve. We see China’s GDP growth slowing to around 4 percent in 2025, as headwinds from the lingering property downturn and potential higher US tariffs may be partly offset by stronger policy support. ‘More proactive’ fiscal policy The CEWC called for “more proactive” fiscal policy, a tone similar to that in 2020 when China expanded overall fiscal support notably. It indicates a broadly stronger fiscal expansion in 2025. The CEWC explicitly called for higher headline fiscal deficit, more issuance of ultra-long special treasury bonds (CGB) and special local government bonds (LGB), and improving fiscal spending structure (to support social welfare and consumption), with a key focus to scale up fiscal subsidies for trade-in program of consumer goods and equipment upgrading. The government also mentioned rolling out policy measures to boost childbirth, which we think may include the establishment of a subsidy scheme for families with young children. Our baseline forecast assumes 2 percentage point of GDP expansion in augmented fiscal deficit (AFD) in 2025 and another 1 percentage point AFD expansion in 2026. The former in 2025 includes a higher headline budget deficit of close to 4 percent of GDP (3.5-4 percent), larger ultra-long special CGB issuance of RMB 2 trillion, another RMB 500-1000 billion issuance of special CGB for capital injections to banks, and more special LGB issuance of RMB 4.5-5 trillion to support local debt swap and home inventory destocking. Overall speaking, total issuance of government bonds may increase by over RMB 3.5 trillion in 2025 from 2024. Easier monetary policy with additional rate cuts As highlighted in the Politburo meeting and we had expected, the CEWC vowed to take a “moderately easy” monetary policy stance, which is an explicit shift from the “prudent” tone that China had set during 2011-2024. The tone for 2025 is the same as that in 2008-2010, when China eased monetary policy aggressively to revive the economy after the global financial crisis. It indicates more convincing monetary policy easing ahead, although monetary policy room in 2025-2026 is much more limited than 15 years ago. The government explicitly called for cutting (reserve requirement ratio) RRR and policy rates, maintaining ample liquidity, stabilizing financial market and housing market, and guiding prices to recovery appropriately. Our baseline forecast expects the PBoC to cut policy rate by 30-40 basic points in 2025 and another 20-30 basic points in 2026, which could help lead to more cuts in LPR and mortgage rates. We think the PBoC may also use various facilities (including more outright REPO of government bonds) to maintain ample liquidity and support faster total social financing credit growth in 2025. Boosting consumption a top priority The CEWC prioritized “boosting consumption” as the first key policy task, and called for implementing a special action plan for it. As expected, the government vowed explicitly to expand the scale and coverage of trade-in subsidies of consumer goods. We continue to expect the size of trade-in program may more than double to over RMB 300 billion in 2025 from RMB 150 billion in 2024, with expanded coverage for consumer electronics and some general consumption coupons, on top of auto and home appliances in 2024. As we anticipated before, the CEWC planned to “properly” increase pension payout levels for retired employees and urban-rural households, and increase the subsidy standard for household health insurance. These measures could gradually help underpin household confidence and unleash consumption potential in the long run, although the scale of additional fiscal spending may be not big in 2025. In addition, despite no mention from the CEWC, we think the government may create childcare / childbirth subsidies for families with young children, which could reach up to RMB 200 billion or more per year. Stabilizing housing market a top task The CEWC continue to emphasize stabilizing the housing market as a top policy task, with more forceful implementation of urban village renovation, unlocking the full potential of fundamental and upgrading housing demand, reasonable control of new land supply, and more progress of home inventory destocking.If the planned 1 million units of urban village renovation could be completed rapidly in one year (2025) with the help of government subsidies predominately, it could contribute to over 12 percent of annual residential sales and facilitate more progress in inventory destocking. In the coming year, we think the government will also urge banks to increase support for the white-list scheme to ensure home deliveries of stalled projects. That said, policy execution is the key. We think it may still take some time for the government to adjust policy design and address the bottleneck restrictions for the destocking program, especially in setting clear guidelines about purchase price and enhancing incentives of local governments and developers. More innovation and support for private sector, less rat-race, more opening-up The CEWC vowed to push forward more structure reforms, as the government had outlined in the third plenum of the 20th Central Committee of the Communist Party of China. Some key areas are highlighted in the CEWC, such as: boosting high quality growth with stronger support for innovation, enacting legislation on facilitating the development of the private sector, implementing a special action plan to crack down the misconduct in the law enforcement related to the corporate sector, and enhancing local government’s fiscal capacity. In addition, the CEWC called for rectifying “rat-race” style competition and standardizing related behaviors of local governments and corporates, partly echoing the recent criticism of China’s over-capacity issue. Despite the risk of higher US tariffs and more restrictions, the CEWC reiterated China’s determination to further open up its domestic market and integrate with the global supply chain. The CEWC reiterated maintaining a largely stable RMB exchange rate at its “equilibrium level”, while we think 5 plus percent RMB deprecation against the US dollar could be allowed to partly absorb the external shock from potential higher US tariffs. We think the government will likely closely manage the magnitude and pace of RMB depreciation, and we do not envisage the active use of currency depreciation as a macro policy tool. Source: chinadaily.com.cn
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Democrat Bob Casey concedes to Republican David McCormick in Pennsylvania Senate contestTurned away at the doorFlux Power Holdings, Inc. FLUX , a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced that on November 20, 2024, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having filed its Quarterly Report on Form 10-Q for the period ended September 30, 2024 ("Form 10-Q") and its Annual Report on Form 10-K for fiscal year ended June 30, 2024 ("Form 10-K"), with the Securities and Exchange Commission ("SEC"). This notification has no immediate effect on the listing of the Company's common stock on the Nasdaq. Under the Nasdaq rules, the Company has until December 16, 2024, to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rule. If Nasdaq accepts the Company's plan, then Nasdaq may grant the Company up to 180 days from the prescribed due date for the Form 10-K to regain compliance, or April 14, 2025. If Nasdaq does not accept the Company's plan, then the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel. The Company is working diligently to complete its Form 10-K and Form 10-Q and plans to file its Form 10-K and Form 10-Q as promptly as practicable to regain compliance with the Listing Rule. About Flux Power Holdings, Inc. Flux Power FLUX designs, manufactures, and sells advanced lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors including material handling, airport ground support equipment (GSE), and stationary energy storage. Flux Power's lithium-ion battery packs, including the proprietary battery management system (BMS) and telemetry, provide customers with a better performing, lower cost of ownership, and more environmentally friendly alternative, in many instances, to traditional lead acid and propane-based solutions. Lithium-ion battery packs reduce CO2 emissions and help improve sustainability and ESG metrics for fleets. For more information, please visit www.fluxpower.com . Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities law. Forward-looking statements are statements that are not historical facts. Words and phrases such as "anticipated," "forward," "will," "would," "could," "may," "intend," "remain," "potential," "prepare," "expected," "believe," "plan," "seek," "continue," "estimate," and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, the expected filing date of its Form 10-K and Form 10-Q and ability to regain compliance under the Nasdaq listing rule. All of such statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond the Company's control, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Such risks and uncertainties include, but are not limited to, the completion of the review and preparation of the Company's financial statements and internal control over financial reporting and disclosure controls and procedures and the timing thereof; the discovery of additional information; delays in the Company's financial reporting, including as a result of unanticipated factors; the Company's ability to obtain necessary waivers or amendments to the Loan Agreement in the future; the risk that the Company may become subject to future litigation; the Company's ability to remediate material weaknesses in its internal control over financial reporting; risks inherent in estimates or judgments relating to the Company's critical accounting policies, or any of the Company's estimates or projections, which may prove to be inaccurate; unanticipated factors in addition to the foregoing that may impact the Company's financial and business projections and guidance and may cause the Company's actual results and outcomes to materially differ from its estimates, projections and guidance; and those risks and uncertainties identified in the "Risk Factors" sections of the Company's Annual Report on Form 10-K for the year ended June 30, 2023, and its other subsequent filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements. All forward-looking statements contained in this press release speak only as of the date on which they were made. Except to the extent required by law, the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made. Flux, Flux Power, and associated logos are trademarks of Flux Power Holdings, Inc. All other third-party brands, products, trademarks, or registered marks are the property of and used to identify the products or services of their respective owners. Follow us at: Blog: Flux Power Blog News Flux Power News Twitter: @FLUXpwr LinkedIn: Flux Power View source version on businesswire.com: https://www.businesswire.com/news/home/20241125289701/en/ © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Bulldogs recruit Marcelo Montoya has wiped away tears as he opened up on the birth of his daughters amid his Belmore return ahead of the 2025 season. Watch every ball of Australia v India LIVE & ad-break free during play in 4K on Kayo | New to Kayo? Get your first month for just $1. Limited time offer > The 28-year-old signed a two-year deal, departing the Warriors after a four-year stint across the Tasman after he was deemed surplus to requirements. Montoya made his NRL debut at the Bulldogs in 2017, and this pre-season has been a special one after he revealed he had become a father to twin girls on Friday. Speaking to media on Monday, the gun winger become emotional when speaking about his wife and the sacrifices she had made to ensure he has been able to focus on football. “It’s been pretty public the Warrios couldn’t offer my an extension and my wife was heavily pregnant at that time,” Montoya said. “We had to make a decision that was best for my wife and our family. To come back to Sydney was important to us. “But to be able to the club where it all started for myself is pretty special and I’m just grateful that ‘Ciro’ (Ciraldo) and Gus (Gould) see potential in me. “My beautiful wife gave birth to twin girls on Friday, it’s pretty cool hey. It’s something that, I just get emotional about it. But my wife, she’s a beast bro. “She pushed them both out and to see that live it just changes your life, there’s more to life than footy. That’s what I realised, everything, my whole career has been about footy. “I’ve been so selfish but to see my girls come on Friday was cool.” Asked whether his love for his wife has grown since the birth of his children, Montoya said: “It just doubles, it just amplifies. She means a lot to me, but yeah, it’s just crazy... it’s cool.” In Montoya’s last season at the Bulldogs, he only played nine games with the Belmore-based club coming 15th with only three wins in a disappointing campaign. Rookie coach Cameron Ciraldo arrived at the club ahead of the 2023 season, but endured a tough debut season with his side having the worst defensive record in the comp. Fast forward twelve months and the Bulldogs broke an eight-year finals drought and were one of the teams considered a genuine premiership threat coming into post-season football. “Walking in here a lots changed for the better. So grateful for the opportunity to be back here at the Bulldogs and looking forward to what’s ahead,” Montoya said. “I just feel like the vibe when you walk in, when I first walked in a few weeks ago to meet Cameron and all the boys was pretty cool. “That energy you get off them, it’s all positive and we’re going somewhere here so it was pretty cool to walk in and feel that.” So now Montoya’s only focus is to do everything he can to help this side continue their form into the 2025 season. “This club means a lot to me, and to have my wife here and my girls now, and both our families it’s pretty cool,” he said. MORE NRL NEWS ‘MY GOAL’: Why Dragons are perfect fit as Holmes reveals what position he’ll play ‘NEVER HAD AN ARGUMENT’: Flanagan’s shock claim about Hunt relationship TRANSFER CENTRE: Dragons land Hunt replacement as Ilias signing confirmed “I just want to come here and learn, I don’t want to come here and be stagnant in my career, I feel like I’ve got a lot to give but I’ve got a lot to learn. “I want to come here and learn off the best, I know ‘Ciro’ is a great coach seeing what the boys have done last season. “’Gus’ is a legend, he’s been so supportive to me and my wife. So I don’t want to come here and be stagnant, I want to learn. I want to give the best I can every day for my wife and kids.”Adrian Wojcik Please note that all $ figures are in $CAD, not $USD, unless otherwise stated. Introduction TMX Group (TSX: X:CA ) is Canadian financial services company that facilities trading of stocks, bonds, derivatives, and energy markets. Most known for being the owner and Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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