Jimmy Carter, the 39th US president, passed away peacefully at his home in Plains, Georgia, surrounded by family. Known as the longest-lived US president at 100, Carter was celebrated for his humanitarian efforts and contributions to global peace and civil rights. His leadership significantly strengthened US-India relations, particularly through his visit to India in 1978, a pivotal moment after strained relations during the Nixon administration. Carter's address to the Indian parliament championed democracy and free elections, establishing a framework for increased cooperation. President Carter's legacy persists in the growing US-India partnership, marked by collaboration in fields such as trade, technology, and energy. His shared democratic values laid the foundation for an enduring relationship between the two countries, influencing current international diplomacy. (With inputs from agencies.)Russia stocks lower at close of trade; MOEX Russia Index down 2.06%Representative image MUMBAI: Three large IPOs, all of which closed on Friday, have collectively attracted investor interest worth about Rs 2.2 lakh crore. The three companies - Vishal Mega Mart, Sai Life Sciences and One Mobikwik - had set out to mobilise Rs 11,615 crore from the public, data from the exchanges showed. Of these three IPOs, the offer for One Mobikwik - the tech-driven payments enabler - saw a nearly 120 times demand, making it the most subscribed Rs 500-crore-plus IPO of 2024. Retail investors were the most active lot in the Mobikwik IPO. The Rs 8,000-crore offer for Vishal Mega Mart too witnessed strong investor demand. It was subscribed a little over 27 times, garnering total demand worth Rs 1.6 lakh crore. Sai Life Sciences' IPO, which was aiming to get Rs 3,043 crore, was subscribed 10.3 times. The offer saw a demand worth Rs 21,881 crore, exchange data showed. So far in the year, IPOs have mobilised nearly Rs 2 lakh crore, making it the biggest grossing year for such offers. Prior to this, in 2021, nearly Rs 1.2 lakh crore was raised from the capital market through 63 offers, data from Chittorgarh showed. Ready to Master Stock Valuation? ET’s Workshop is just around the corner!
Biden's broken promise on pardoning his son Hunter is raising new questions about his legacy WASHINGTON (AP) — President Joe Biden’s decision to go back on his word and pardon his son Hunter wasn't all that surprising to those who are familiar with the president's devotion to his family. But by choosing to put his family first, the 82-year-old president has raised new questions about his legacy. Biden has held himself up as placing his respect for the American judicial system and rule of law over his own personal concerns. It was part of an effort to draw a deliberate contrast with Republican Donald Trump. Now, both his broken promise and his act of clemency are a political lightning rod. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Jets not planning to shut down QB Aaron RodgersIran cyberspace council votes to lift ban on WhatsApp
ATLANTA (AP) — Jimmy Carter, the peanut farmer who tried to restore virtue to the White House after the Watergate scandal and Vietnam War, then rebounded from a landslide defeat to become a global advocate of human rights and democracy, has died. He was 100 years old . The Carter Center said the 39th president died Sunday afternoon, more than a year after entering hospice care , at his home in Plains, Georgia, where he and his wife, Rosalynn, who died in November 2023, lived most of their lives. The center said he died peacefully, surrounded by his family. As reaction poured in from around the world, President Joe Biden mourned Carter’s death, saying the world lost an “extraordinary leader, statesman and humanitarian” and he lost a dear friend. Biden cited Carter’s compassion and moral clarity, his work to eradicate disease, forge peace, advance civil and human rights, promote free and fair elections, house the homeless and advocacy for the disadvantaged as an example for others. “To all of the young people in this nation and for anyone in search of what it means to live a life of purpose and meaning – the good life – study Jimmy Carter, a man of principle, faith, and humility,” Biden said in a statement. “He showed that we are a great nation because we are a good people – decent and honorable, courageous and compassionate, humble and strong.” Biden said he is ordering a state funeral for Carter in Washington. A moderate Democrat, Carter ran for president in 1976 as a little-known Georgia governor with a broad grin, effusive Baptist faith and technocratic plans for efficient government. His promise to never deceive the American people resonated after Richard Nixon’s disgrace and U.S. defeat in southeast Asia. “If I ever lie to you, if I ever make a misleading statement, don’t vote for me. I would not deserve to be your president,” Carter said. Carter’s victory over Republican Gerald Ford, whose fortunes fell after pardoning Nixon, came amid Cold War pressures, turbulent oil markets and social upheaval over race, women’s rights and America’s role in the world. His achievements included brokering Mideast peace by keeping Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin at Camp David for 13 days in 1978. But his coalition splintered under double-digit inflation and the 444-day hostage crisis in Iran. His negotiations ultimately brought all the hostages home alive, but in a final insult, Iran didn’t release them until the inauguration of Ronald Reagan, who had trounced him in the 1980 election. Humbled and back home in Georgia, Carter said his faith demanded that he keep doing whatever he could, for as long as he could, to try to make a difference. He and Rosalynn co-founded The Carter Center in 1982 and spent the next 40 years traveling the world as peacemakers, human rights advocates and champions of democracy and public health. Awarded the Nobel Peace Prize in 2002, Carter helped ease nuclear tensions in North and South Korea, avert a U.S. invasion of Haiti and negotiate cease-fires in Bosnia and Sudan. By 2022, the center had monitored at least 113 elections around the world. Carter was determined to eradicate guinea worm infections as one of many health initiatives. Swinging hammers into their 90s, the Carters built homes with Habitat for Humanity. The common observation that he was better as an ex-president rankled Carter. His allies were pleased that he lived long enough to see biographers and historians revisit his presidency and declare it more impactful than many understood at the time. Propelled in 1976 by voters in Iowa and then across the South, Carter ran a no-frills campaign. Americans were captivated by the earnest engineer, and while an election-year Playboy interview drew snickers when he said he “had looked on many women with lust. I’ve committed adultery in my heart many times,” voters tired of political cynicism found it endearing. The first family set an informal tone in the White House, carrying their own luggage, trying to silence the Marine Band’s traditional “Hail to the Chief" and enrolling daughter, Amy, in public schools. Carter was lampooned for wearing a cardigan and urging Americans to turn down their thermostats. But Carter set the stage for an economic revival and sharply reduced America's dependence on foreign oil by deregulating the energy industry along with airlines, trains and trucking. He established the departments of Energy and Education, appointed record numbers of women and nonwhites to federal posts, preserved millions of acres of Alaskan wilderness and pardoned most Vietnam draft evaders. Emphasizing human rights , he ended most support for military dictators and took on bribery by multinational corporations by signing the Foreign Corrupt Practices Act. He persuaded the Senate to ratify the Panama Canal treaties and normalized relations with China, an outgrowth of Nixon’s outreach to Beijing. But crippling turns in foreign affairs took their toll. When OPEC hiked crude prices, making drivers line up for gasoline as inflation spiked to 11%, Carter tried to encourage Americans to overcome “a crisis of confidence.” Many voters lost confidence in Carter instead after the infamous address that media dubbed his “malaise" speech, even though he never used that word. After Carter reluctantly agreed to admit the exiled Shah of Iran to the U.S. for medical treatment, the American Embassy in Tehran was overrun in 1979. Negotiations to quickly free the hostages broke down, and then eight Americans died when a top-secret military rescue attempt failed. Carter also had to reverse course on the SALT II nuclear arms treaty after the Soviets invaded Afghanistan in 1979. Though historians would later credit Carter's diplomatic efforts for hastening the end of the Cold war, Republicans labeled his soft power weak. Reagan’s “make America great again” appeals resonated, and he beat Carter in all but six states. Born Oct. 1, 1924, James Earl Carter Jr. married fellow Plains native Rosalynn Smith in 1946, the year he graduated from the Naval Academy. He brought his young family back to Plains after his father died, abandoning his Navy career, and they soon turned their ambitions to politics . Carter reached the state Senate in 1962. After rural white and Black voters elected him governor in 1970, he drew national attention by declaring that “the time for racial discrimination is over.” Carter published more than 30 books and remained influential as his center turned its democracy advocacy onto U.S. politics, monitoring an audit of Georgia’s 2020 presidential election results. After a 2015 cancer diagnosis, Carter said he felt “perfectly at ease with whatever comes.” “I’ve had a wonderful life,” he said. “I’ve had thousands of friends, I’ve had an exciting, adventurous and gratifying existence.” Sanz is a former Associated Press reporter.
Jake Paul wants “to set the record straight,” when no straightening is required. If anyone would understand that we moved on from his “fight” against Mike Tyson, it should be Paul, who has made a fortune in the split-second entertainment world of social media. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get the latest sports news delivered right to your inbox six days a week.Cooperation with China boosts Zimbabwe’s agriculture sector
‘They’re not stupid’: Her mission is to give a voice to people with aphasia who have lost the ability to speakWhen dockworkers walked the picket line in October, the strike lasted for 3 days. And if a new contract between their 45,000 member union and the U.S. Maritime Alliance isn't signed by mid-January — a longer strike could send inflation going in the wrong direction. Just months after a strike at Gulf and East Coast ports ended, operators and union members are now at an impasse — once again — over automation. Port operators say they need more technology to increase port efficiency, improve safety and to control costs. But union members say no, because some workers will lose their jobs. A new strike could come if an agreement isn't reached by January 15. And if that happens inflation could increase, when goods aren't flowing in an out of ports as quickly. Thursday union leaders met with President-elect Donald trump at Mar-a-Lago and walked away with his support. Writing about automation on Truth social, Trump said "the amount of money saved is nowhere near the distress, hurt, and harm it causes for American workers," and that foreign countries "...shouldn't be looking for every last penny knowing how many families are hurt." RELATED STORY | Billions of dollars of U.S. economic activity halted as port workers enter day two of their strike Professor Todd Belt of George Washington University called it Trump striking a different path than he did during his first term. "During the first Trump term you had Donald Trump, surrounded by a lot of people who were suggested to him by incumbent Republicans who had really a Republican orthodoxy on free trade. Donald trump now is going to be surrounded by a lot of people who support his ideas of interventionism and tariffs, as well as other trade policies that will protect working people at the expense of, of course, inflation," Belt said. The International Longshoremen's Association has until Jan. 15 to negotiate a new contract with the U.S. Maritime Alliance, which represents ports and shipping companies. At the heart of the dispute is whether ports can install automated gates, cranes and container-moving trucks that could make it faster to unload and load ships. The union argues that automation would lead to fewer jobs, even though higher levels of productivity could do more to boost the salaries of remaining workers. The Maritime Alliance said in a statement that the contract goes beyond ports to "supporting American consumers and giving American businesses access to the global marketplace — from farmers, to manufacturers, to small businesses, and innovative start-ups looking for new markets to sell their products." "To achieve this, we need modern technology that is proven to improve worker safety, boost port efficiency, increase port capacity, and strengthen our supply chains," said the alliance, adding that it looks forward to working with Trump. In October, the union representing 45,000 dockworkers went on strike for three days, raising the risk that a prolonged shutdown could push up inflation by making it difficult to unload container ships and export American products overseas. The issue pits an incoming president who won November's election on the promise of bringing down prices against commitments to support blue-collar workers along with the kinds of advanced technology that drew him support from Silicon Valley elite such as billionaire Elon Musk. Trump sought to portray the dispute as being between U.S. workers and foreign companies, but advanced ports are also key for staying globally competitive. China is opening a $1.3 billion port in Peru that could accommodate ships too large for the Panama Canal. There is a risk that shippers could move to other ports, which could also lead to job losses. Mexico is constructing a port that is highly automated, while Dubai, Singapore and Rotterdam already have more advanced ports. "For the great privilege of accessing our markets, these foreign companies should hire our incredible American Workers, instead of laying them off, and sending those profits back to foreign countries," Trump posted. "It is time to put AMERICA FIRST!" The Associated Press contributed to this report.
'Malcolm in the Middle' to offer new episodes with Frankie Muniz, Bryan Cranston and Jane Kaczmarek Frankie Muniz, Bryan Cranston and Jane Kaczmarek are reuniting for a new four-episode run of “Malcolm in the Middle” for Disney+ — 25 years after the beloved sitcom first launched. The show ran for seven seasons starting in 2000 and was hailed for looking at ordinary life through the eyes of an extraordinary youngster, now fully grown: Malcolm, played by Muniz, has a genius I.Q. The new four episodes will be crafted by original series creator Linwood Boomer. No air dates were announced. “Malcolm in the Middle” originally aired on Fox and ended its run in 2006. Woman who falsely accused Duke lacrosse players of rape in 2006 publicly admits she lied RALEIGH, N.C. (AP) — The woman who in 2006 falsely accused three Duke University lacrosse players of raping her has admitted publicly for the first time that she made up the story. The accusations made national headlines at the time, stirring tensions about race, class and the privilege of college athletes. Crystal Mangum, who is Black, said in an interview with the “Let’s Talk with Kat” podcast that she “made up a story that wasn’t true” about the white players who attended a party where she was hired to perform as a stripper “because I wanted validation from people and not from God.” The former Duke players were declared innocent in 2007 after Mangum’s story fell apart under legal scrutiny. Sophia, a famous robot and global icon of AI, wins hearts at Zimbabwe's innovation fair HARARE, Zimbabwe (AP) — Sophia, a world-renowned robot, has been the center of attention at an Artificial Intelligence and Innovation fair in Zimbabwe this week. Described as an AI global icon by the U.N., Sophia can hold human-like conversations with people and recognize their gestures. As a special guest at the week-long event at the University of Zimbabwe, she answered questions on academic topics from researchers. Children quizzed her about the bible, God and her birth. She also made clear her aversion to human food and romance. The United Nations Development Program said it brought Sophia to Zimbabwe as part of efforts to “inspire youth, policymakers, and innovators to embrace AI as a catalyst for development.” Stanley recalls millions of travel mugs over concerns the lids might fall off, causing burns Stanley is recalling approximately 2.6 million of its switchback and trigger action stainless steel travel mugs sold in the U.S. because of a potential burn hazard. The company said that the mug’s lid threads can shrink when exposed to heat and torque, causing the lid to detach during use, posing a burn hazard. Stanley has received 91 reports worldwide, including 16 in the U.S., of the recalled travel mugs’ lids detaching during use, resulting in 38 burn injuries worldwide, including two burn injuries in the U.S., with 11 consumers worldwide requiring medical attention. Miami Dolphins release veteran receiver Odell Beckham Jr. MIAMI GARDENS, Fla. (AP) — The Miami Dolphins released wide receiver Odell Beckham Jr. on Friday, ending the former Pro Bowler’s short tenure with the team. Beckham had missed the past two days of practice for what the team called personal reasons. Dolphins coach Mike McDaniel indicated that the decision to part ways was mutual. Beckham signed a one-year deal with the Dolphins in May, but started the season on the physically unable to perform list after offseason knee surgery. Since his Dolphins debut in Week 5 against New England, Beckham had just nine catches for 55 yards in nine games. Bird strike disables a jetliner engine and forces an emergency landing at JFK airport NEW YORK (AP) — Authorities say a bird strike involving an American Airlines jetliner disabled one of the plane’s two engines shortly after takeoff from New York’s LaGuardia Airport. The plane was forced to turn around and land at John F. Kennedy International Airport. Airline officials say no one was injured. Flight 1722 took off from LaGuardia at 7:43 p.m. Thursday with a destination of Charlotte, North Carolina. Airport officials say it safely made an emergency landing at Kennedy at 8:03 p.m. The Federal Aviation Administration is investigating. The agency received reports of 19,400 strikes at 713 airports across the U.S. last year alone. Rarely do they force jetliners to make emergency landings. 49ers LB De'Vondre Campbell refuses to enter game after losing his starting spot SANTA CLARA, Calif. (AP) — San Francisco linebacker De’Vondre Campbell refused to enter the game in the third quarter after losing his starting job when Dre Greenlaw returned from an injury. Campbell played 90% of defensive snaps for the 49ers but was benched after Greenlaw came back for his first game since tearing his left Achilles tendon in last season’s Super Bowl. When Greenlaw left with soreness in the third quarter Thursday night against the Rams, Campbell told the coaches he didn't want to play and left the field. Coach Kyle Shanahan says he has never seen that before and the team will “figure out something” on how to deal with it going forward. 'Crown of Thorns' returns to Notre Dame Cathedral for public veneration PARIS (AP) — An ancient relic that many Christians revere as Jesus Christ’s “Crown of Thorns” has returned to Notre Dame, five years after it was saved from the flames of the cathedral’s devastating 2019 fire. The crown — a circular band of branches encased in a gilded golden tube — was brought back to its historic home Friday in a ceremony. The event was presided over by the archbishop of Paris and attended by knights and dames of the Equestrian Order of the Holy Sepulcher, marking a key moment in the cathedral’s restoration journey. In 1239, it was acquired by King Louis IX of France, who brought it to Paris. 'Vanderpump Rules' star James Kennedy arrested on suspicion of misdemeanor domestic violence BURBANK, Calif. (AP) — Police say “Vanderpump Rules” star James Kennedy has been arrested on suspicion of misdemeanor domestic violence. Police in Burbank, California, say officers investigated reports of an argument between a man and a woman at a residence late Tuesday night and arrested the 32-year-old Kennedy. He was released from jail after posting bail. A representative of Kennedy did not immediately respond to a message seeking comment. The Burbank city attorney will decide whether to file charges. Kennedy is a DJ and reality TV star who has appeared for 10 seasons on “Vanderpump Rules” — the Bravo series about the lives of employees at a set of swank restaurants. Dick Vitale says he's cancer-free after 4th bout with the disease in just over 3 years Dick Vitale said he’s cancer-free after his fourth bout with the disease in just over three years. The 85-year-old ESPN college basketball analyst posted Thursday on X that he got the news after a morning scan, saying: “SANTA CLAUS came early as Dr Rick Brown called & said that my PET SCAN at 7 AM came back CLEAN OF CANCER !” Vitale posted on X. “OMG thanks so much to ALL of YOU for your (prayers). Yes I’m cutting the nets down baby it’s my National Championship!” Vitale had surgery in the summer to remove cancerous lymph nodes from his neck. The Basketball Hall of Famer was previously treated for melanoma and lymphoma, and had radiation treatments last year for vocal cord cancer.
On the evening of Sunday, December 29, former U.S. President Jimmy Carter , who was also a Nobel Peace Prize laureate, passed away at the age of 100. His son confirmed the news of his death without specifying the cause. In February 2023, following multiple hospitalizations, the Carter Center announced that the former president had decided to forego further medical treatment and return home to receive only palliative care. In his last public appearance two months ago, Carter celebrated his 100th birthday in the garden of his Georgia home, surrounded by family and friends. Last November, his wife of 77 years, Rosalynn, passed away. Carter had expressed his desire to live long enough to vote for Kamala Harris as President of the United States, telling his son Chip, “I’m trying to hold on so I can vote for Harris.” Jimmy Carter, the 39th President of the United States, served from January 20, 1977, to January 20, 1981. He secured his party’s nomination on the first ballot at the 1976 Democratic National Convention and won the election on November 2, 1976. Key foreign policy achievements during his administration included the Panama Canal treaties, the Camp David Accords, the Egypt-Israel peace treaty, the SALT II treaty with the Soviet Union, and the establishment of diplomatic relations with the People’s Republic of China. Carter championed human rights worldwide. Domestically, his administration enacted a comprehensive energy program through the newly created Department of Energy, deregulated various industries, and passed significant environmental legislation, including the Alaska National Interest Lands Conservation Act, which doubled the size of the national park system and tripled wilderness areas. James Earl Carter Jr. was born on October 1, 1924, in Plains, Georgia, and grew up in nearby Archery. His father was a farmer and businessman, and his mother was a nurse. Carter graduated from the U.S. Naval Academy in 1946, served in the Navy as a submariner, and pursued graduate studies in reactor technology and nuclear physics. After his father’s death in 1953, he returned to Georgia to manage the family farm and engage in community leadership. In 1982, Carter became a Distinguished Professor at Emory University and co-founded the Carter Center with his wife Rosalynn. The non-partisan, non-profit center addresses global public policy issues, including conflict resolution, human rights, and disease prevention. Under Carter’s leadership, the center played a pivotal role in Guinea worm disease eradication efforts and conducted election monitoring in over 100 countries. Carter authored 32 books on topics ranging from politics and history to poetry and personal reflections. He and Rosalynn volunteered annually with Habitat for Humanity and remained active in their Baptist church in Plains. Carter received the 2002 Nobel Peace Prize for his decades-long efforts to find peaceful solutions to conflicts, promote democracy, and advance social and economic development. Explore related questionsNegotiators have agreed to 'at least' $300 billion in climate funding at the UN climate summit after two weeks of tense negotiations that highlighted sharp divides between rich and poorer nations. But is it enough?Rarely has a climate summit venue so accurately reflected the mood and unfolding of negotiations. Also Read | World News | Rich Nations Offer USD 300 Billion Annually After 10 Years to Global South. For two bumpy weeks, the labyrinthine corridors in Baku's Olympic Stadium have echoed with the hurried footsteps of negotiators rushing from one windowless meeting room to the next, avoiding dead-ends and wrong turns among the endless passageways. Also Read | World News | Trump Taps Rollins as Agriculture Chief, Completing Proposed Slate of Cabinet Secretaries. Further characterized by missing global leaders, major disagreement and shifting geopolitical dynamics, the talks stretched deep into overtime before there was finally light at the end of the tunnel. And an agreement that sets a goal of at least $300 billion in climate financing per year by 2035 flowing from developed to developing countries. Failure in Baku was "not an option," said UN Secretary-General Antonio Guterres, speaking on Thursday. But that failure looked possible late on Saturday when delegates from AOSIS (Alliance of Small Island States) and LDCs (Least Developed Countries) walked out of talks on the grounds their concerns were not being heard. "What is happening here is highlighting what a very different boat our vulnerable countries are in, compared to the developed countries," said Cedric Schuster, the Samoan chairman of the group. "After this COP29 ends, we cannot just sail off into the sunset. We are literally sinking." What have nations agreed — and is it enough? COP29's core aim was getting the near 200 countries to agree on a new climate funding target that could replace the current goal of $100 billion (about €95 billion) per year. This financial packageis intended to help developing countries tackle emissions, transition away from fossil fuels and adapt to a warming world. But the size of the finance pot and which countries should foot the bill were huge sticking points in negotiations. Developing countries pushed for at least $1 trillion per year, a sum leading economists have said is necessary for them to respond to the climate crisis. Anything else was lowballing and "divorced from the reality of what was needed," according to Champa Patel of environment non-profit Climate Group. But industrialized countries held off specifying concrete figures until the very last day and said they couldn't raise the money alone without private sector involvement. The $300 billion promised is far lower than what developing countries were hoping for. "At COP29, developed nations once again coerced developing countries into accepting a financial deal woefully inadequate to address the gravity of our global climate crisis," said Harjeet Singh of the Fossil Fuel Non-Proliferation Treaty Initiative. "The deal fails to provide the critical support required for developing countries to transition swiftly from fossil fuels to clean, renewable energy systems, or to prepare for the devastating impacts of the climate crisis." Low-income countries are seeing increasingly extreme floods, droughts, heat waves, storms and rising sea levels and do not have the resources to deal with them. Developed countries are responsible for the majority of historical emissions causing the planet to heat up. By 2050 climate change is expected to cause $38 trillion in damages around the world, according one estimate. But the new text released early Sunday morning, attempted to reassure progress to the $1.3 trillion would happen. It referenced a "Roadmap from Baku to Belem," which calls on "all actors" to "scale up" climate finance to developing countries and includes access to finance through "grants, concessional and non-debt-creating instruments." Observers said negotiators from Africa and other developing countries had pushed for the changes to be included in the hope of creating a meaningful process to align the global financial system with the $1.3 trillion target by 2035. To date, much of the international climate finance has been provided to developing countries in the form of non-concessional loans. Organizations such as Oxfam have criticized this, pointing out that this increases the debt burden of some of the LDCs. Developed countries also pushed for China and wealthy Gulf states that are heavily dependent on oil and gas to contribute to the $300 billion climate fund and share the burden. China is the world's biggest carbon emitter. And although it's a major economy, the UN still classes it as a developing country. The final agreement didn't widen the donor base to include China, but it did introduce a fudge that would officially recognize the country's contributions. The new mechanism allows for voluntary recognition of cash flowing from developing countries through development banks as climate finance. What does the outcome mean for global emissions? When it comes to fossil fuels — the primary source of global emissions and drivers of climate change — proceedings this year didn't get off to a good start. The Azerbaijani President Ilham Aliyev used COP29 as a platform to describe oil and gas as a "gift of God." But negotiators did reach a deal on controversial carbon markets that would allow polluting countries to buy carbon-cutting offsets. Supporters say the new rules would help boost investment in local-income countries, where the carbon projects are usually located. But critics say they could be used for greenwashing climate targets. "These decisions were taken behind closed doors," Tamra Gilbertson of the US-based non-profit Indigenous Environmental Network told DW. "We know that other carbon markets have completely failed to address climate change and emissions." Many were hoping for more progress to build on what was achieved at COP28 in Dubai last year, which concluded with a hard-won final agreement on "transitioning away from fossil fuels in energy systems." But oil producer Saudi Arabia, tried to derail progress on moving away from fossil fuel, and was described as a "wrecking ball" to the agreement. "We are in the midst of a geopolitical power play by a few fossil fuel states," said Germany's foreign minister Annalena Baerbock Saturday as talks spiraled. As with previous COPs, there were strong criticisms regarding the presence of over 1700 oil and gas lobbyists. They received more passes to COP29 than all the delegates from the 10 most climate-vulnerable nations combined, according to one report. Richard Folland, head of policy and engagement with independent financial think tank Carbon Tracker said the talks in Baku had been "strangled by the second highest attendance of fossil fuel lobbyists on record" and that the summit had "taken us dangerously backwards on collective climate action as extreme weather events take their toll." The core goal of the Paris Agreement is to hold global average temperature increases well below 2 degrees Celsius (3.6 Fahrenheit) compared to pre-industrial levels, and to strive to stay under 1.5 C. The science is clear that this requires urgent and deep cuts to global emissions. However, global CO2 emissions from fossil fuels have hit new heights this year and 2024 is set to be the hottest ever on record. Dubbed the "finance COP," this year's conference highlighted the difficulties in reaching global consensus on climate action, and also drew calls for reform. In an open letter to the UN, a group of scientists and former leaders said COP was "no longer fit for purpose," and required a shift from negotiation to implementation to "deliver on agreed commitments and ensure the urgent energy transition and phase-out of fossil energy." With reporting from Giulia Saudelli and Tim Schauenberg in Baku, Azerbaijan. Edited by: Jennifer Collins and Tamsin Walker (The above story first appeared on LatestLY on Nov 24, 2024 05:00 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com ).
After fighting virus, storms and Republicans, departing North Carolina Gov. Cooper focuses on winsThe Los Angeles Lakers and Brooklyn Nets agreed on a deal earlier today, sending Dorian Finney-Smith and Shake Milton to the Lakers for D'Angelo Russell, Maxwell Lewis, and three second-round picks. This is the second major mid-season trade of the 24-25 campaign, with the Lakers getting this deal done just before the new year to add major reinforcements to their roster. This deal was straightforward with both teams getting two players with the Nets getting three second-round picks to make up for the value deficit. But who won this deal? Let's analyze and find out. Los Angeles Lakers Lakers Receive: Dorian Finney-Smith, Shake Milton Grade: A This deal can't be looked at as anything but a win for the Lakers. Fans and critics have been begging the Lakers to stop hoarding their future assets and try to go all-in on the final years of LeBron James and Anthony Davis . Despite their unspectacular roster, the Lakers have gone 18-13 to open the season and currently sit No. 5 in the West. This is a playoff-caliber franchise that just added two rotational players. Finney-Smith is averaging 10.4 points and 4.6 rebounds this season, shooting 43.5% from three. He comes into the Lakers as the team's best shooter while potentially being their second-best defender behind Anthony Davis. He's been a career-long rotational player and proved his winning impact over the first few years of Luka Doncic's Dallas Mavericks tenure, playing a crucial role in leading the franchise to the Western Conference Finals in 2022. Milton is averaging 7.4 points this season but has put up 12.6 points and 3.8 assists in the last five games after Dennis Schroder's departure opened up more minutes for him on the Nets. He's a two-way guard who won't have the offensive peaks that Russell brings but could contribute defensively and could be incredibly useful in the Lakers guard rotation behind Gabe Vincent. Giving up three second-round picks isn't a big deal in this trade. The Warriors gave the same to land Schroder, who was more productive in Brooklyn but joined a Warriors team with other available guards as well. Finney-Smith fills a bigger need and won't need to be forced into the starting five as his presence will be needed in the frontcourt. The Denver Nuggets gave up three second-rounders in the summer to salary dump Reggie Jackson, so the pick return shouldn't be a sore spot for LA. This is a win all around for the Lakers, with even JJ Redick having been a big fan of Finney-Smith for years, who is a former teammate. This partnership should be fruitful, as long as people don't overreact when the 31-year-old forward has a shooting slump. Brooklyn Nets Nets Receive: D'Angelo Russell, Maxwell Lewis, 2025 Second-Round Pick (LAL), 2030 Second-Round Pick (LAL), 2031 Second-Round Pick (LAL) Grade: B The Brooklyn Nets needed to move off their win-now veterans as their tanking season has been better than expected, with the franchise having a 12-20 record. They need to get worse and quickly to ensure they have a shot at landing Cooper Flagg, Dylan Harper, or Ace Bailey after their surprisingly good start to the season. D'Angelo Russell returns to the team he once was an All-Star for in a down season where he's averaging 12.4 points and 4.7 assists. Russell is on an expiring $18 million contract, so this also adds more cap space for the franchise this summer if they choose to let him walk. It could be a great situation for Russell, who gets to have a green light on a tanking franchise to rehabilitate his value before entering the market in the summer. Maxwell Lewis was a 2022 second-round pick by the Lakers who hasn't been able to crack into the team's rotation due to his inconsistent offensive abilities. However, Lewis was a high-potential low-floor prospect, so the Nets have a solid shot at building up his value before potentially trading him in the future or making him a long-term member of their rebuild. The reason this is a better deal for the Lakers than the Nets is purely in the return the franchises got. The grade could improve for the Nets if this deal makes them bad enough to secure a top-three pick in the 2025 Draft but the players and picks themselves don't seem to be great. Maybe if Brooklyn held onto Dorian until February, some team could panic and offer them a first-round pick for his services. In addition, the Memphis Grizzlies had put a lottery-protected first-round pick on the table , but their insistence that Brooklyn send them their second-round pick from this season killed the hopes of a deal. That's fine, as the Lakers offer is better because it might have no long-term adverse effects on the franchise. It's just that, it doesn't look like this deal is inherently positive from an assets POV unless they can tank far enough. This article first appeared on Fadeaway World and was syndicated with permission.
Titans their own worst enemy as they fail again to string together winsHere’s Who Else Biden Could Pardon Before He Leaves Office—Beyond Hunter Biden
