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NonePM looks to ‘brighter future’ at Christmas and ‘wishes for peace in Middle East’

Why Elon Musk can never balance the budget, in one chart

Prime Minister Justin Trudeau should have resigned at least a year ago, says Niagara political pundit David Siegel. As it is, the retired Brock University political science professor said Niagara’s incumbent Liberal MPs should be worried about their jobs with a September federal election on the horizon. “The real problem is, (Trudeau) should have stepped down a year or two ago, because it’s getting to be too late now,” Siegel said. “You need a kind of run-up to the (Liberal) convention where people like (Finance Minister) Dominic LeBlanc and (his predecessor) Chrystia Freeland and maybe (former housing minister) Sean Frazer and (Immigration, Refugees and Citizenship Minister) Marc Miller can showcase what they can do. “There’s very little runway left to do that.” Siegel expects Trudeau’s plans will be known by early January. Retired Brock University professor and political pundit David Siegel. If the prime minister had resigned a year ago, the Liberal party “would be in a different position today.” A change of leadership might have given the Liberals a stronger chance in the next election. “Personally, I don’t think I’ve spoken to anyone who is excited about (Conservative Leader) Pierre Poilievre. When I hear people mention Pierre Poilievre, they say ‘we can’t vote for the Liberals’ — which is not exactly a ringing endorsement.” “If we were having this conversation a year ago, I would have said ‘Oh yeah, Poilievre is not really that popular and the Liberals have a lot of runway to build something.’” Now, however, he said while Poilievre is still not that popular, the Liberals no longer have time to rebuild voter confidence in their party. And if there’s enough opposition to Trudeau, Siegel said Niagara Centre MP Vance Badawey and St. Catharines MP Chris Bittle could lose their seats. Badawey’s in a better position, he said, because of his years representing Port Colborne as mayor and as a regional councillor, “but even very popular local candidates can get swept up in a wave.” Niagara Centre MP Vance Badawey. Neither of Niagara’s Conservative MPs, Niagara Falls’ MP Tony Baldinelli and Niagara West’s Dean Allison responded to interview requests for this story. Nor did Bittle and Badawey when approached by the Toronto Star. During an hourlong Zoom call of Ontario Liberal MPs on Saturday, none of the participants argued that Trudeau should remain Liberal leader for the next election. In a poll of all Liberal MPs published Friday, 102, including Bittle and Badawey, offered no comment, while 22 said Trudeau should resign. Eighteen said he should remain party leader and 10 did not take a definitive stance. Siegel said he’s not surprised by the silence among local MPs. “Honestly, they’re being wise in the sense that nobody knows what’s going to happen,” he said. “Academics can spout off anytime they want because nobody cares, but for politicians who are accountable for what they say they’re being quite wise because they don’t know what’s happening.” Although a vote of non-confidence in Trudeau is possible when the federal legislature resumes in January, Siegel said it might not be enough to force an election earlier than the fall. “September 2025 sounds a long way off, but in truth we’re close enough maybe there’s a way for the parties to stick this thing out,” he said. With files by Toronto Star

BURLINGTON, Vt. (AP) — TJ Hurley scored 23 points as Vermont beat Northeastern 68-64 on Saturday. Hurley shot 6 for 14 (3 for 6 from 3-point range) and 8 of 9 from the free-throw line for the Catamounts (5-4). Jace Roquemore scored 13 points and added five rebounds. Ileri Ayo-Faleye shot 3 of 5 from the field and 3 for 4 from the line to finish with 10 points. Rashad King led the way for the Huskies (5-3) with 27 points, seven rebounds and three steals. Northeastern also got nine points and 10 rebounds from Youri Fritz. Hurley put up 13 points in the first half for Vermont, who led 35-22 at halftime. Vermont used an 8-0 run in the second half to build a 16-point lead at 47-31 with 12:26 left. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .

‘Please, count us out’: Business as usual for underdog Boise State ahead of playoff gameGus Malzahn is resigning as Central Florida's head coach to become Florida State 's offensive coordinator, a person familiar with the hire told The Associated Press on Saturday. The person spoke on condition of anonymity because the Seminoles have not confirmed Malzahn's move, which is pending a state background check. ESPN first reported the decision. The Knights made official that Malzahn is leaving in a statement released a day after UCF (4-8) concluded its season with a 28-14 loss to Utah. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.

NEW DELHI: The finance ministry has told Parliament that the Centre's thrust is on improving the quality of public spending, while strengthening the social security net for the poor and needy. In the statement on deviation from the Fiscal Responsibility and Budget Management (FRBM) Act targets, the ministry also said that govt remained committed to pursue the glide path for fiscal consolidation and it will lower fiscal deficit to under 4.5% by next financial year. It said since July, when the regular budget was presented, the global economic environment has become gloomier due to further escalation of conflict. "Given the prevailing global economic and security environment, it is necessary for govt to retain (a) fair degree of flexibility in conducting its fiscal policy so as to be able to respond to any fallout from adverse global events," the ministry said in the nine-page document. Pointing to the numbers on non-debt receipts, fiscal deficit and revenue deficit during the first half of the current financial year, the ministry said the numbers were within the limits prescribed under FRBM rules. While revenue receipts (51.8% of budget estimates) were higher than the five-year moving average, total receipts (43.8%) of the govt were lower. Expenditure was also below the five-year moving average, resulting in the first half fiscal deficit being 29.4% of budget estimate against the five-year moving average of 63.8%. The comment on the quality of expenditure ties in with govt's efforts to focus on higher capex in recent years and cut on wasteful expenditure, besides targeting subsidies better. Even in the next budget, the Centre is expected to retain the emphasis on its spending pattern. Ready to Master Stock Valuation? ET’s Workshop is just around the corner!( MENAFN - Gulf Times) The new year 2025 will mark a momentous occasion in the history of Maltese-Qatari relations, as the two countries prepare to commemorate the 50th anniversary of the establishment of bilateral ties. Since June 1975, Malta and Qatar have developed a robust partnership built on mutual respect, shared interests and co-operation. The two nations have forged deep ties, working and supporting each other in international fora, from economic collaboration to the Promotion of peace and dialogue on various fronts. Shared commitment to peace, security and diplomacy Both Malta and Qatar have the same ambitions enshrined in their respective foreign policies. Malta's second of its three strategic pillars clearly refers to the promotion of peace, security and dialogue. Similarly, Qatar's foreign policy is based on a set of principles outlined in its constitution, which include strengthening international peace and security by encouraging the peaceful resolution of international disputes. To this end, on the multilateral front, Malta is about to conclude its two-year non-permanent membership of the United Nations Security Council (UNSC), where it continued to promote conflict resolution through dialogue, the upholding of international law, advocating for the protection of human rights, bringing to the forefront humanitarian issues and the empowerment of small states. In addition to its role in the UNSC, Malta also played a key part, after having been chosen by consensus as Chair of the Organisation for Security and Co-operation in Europe (OSCE) for 2024, in ensuring that one of the last channels of communication in Europe remains open. Guided by the motto“Strengthening Resilience, Enhancing Security”, Malta hosted on Dec 5-6, 2024, the 31st Ministerial Council of this organisation, where it managed to find consensus to fill the top four leadership positions of the secretariat and institutions of this organisation. Describing this meeting as“a proud milestone”, Malta's Deputy Prime Minister and Minister for Foreign Affairs the Hon. Dr Ian Borg, in his opening speech, referred to the historic 1989 Malta Summit between presidents Bush and Gorbachev which ended the Cold War. He admitted that times have fundamentally changed and that the“principles, rules that have underpinned international peace and security for almost 80 years are being questioned, challenged and actively undermined”. Nevertheless, Dr Borg reaffirmed that Malta remains a“staunch defender of peace and dialogue in the face of the seemingly insurmountable differences and challenges”. Malta's drive in the pursuit of peace will continue next year when it also assumes the Presidency of the European Committee of Ministers at the Council of Europe (CoE) from May to November 2025. During its presidency, Malta plans to focus on enhancing the council's capacity to respond to emerging challenges, including strengthening the protection of human rights in the face of global political and social changes. In a similar vein, Qatar remains one of the most prominent players in regional and global diplomacy, particularly in the fields of mediation and conflict resolution. We commend Qatar's unwavering commitment to facilitating peace talks and negotiations, positioning itself as a neutral party with a strong commitment to achieving peaceful solutions to some of the world's most complex conflicts. Qatar's tireless work in the Middle East, Asia and Africa as well as between Ukraine and Russia has earned it recognition as a reliable and trustworthy mediator. Qatar's support for dialogue is also evident in its hosting of numerous international gatherings such as the Doha Forum, besides actual peace negotiations. It continues to invest heavily in diplomacy, driven by the belief that peace cannot be achieved through military means alone, but must come through dialogue, compromise, and mutual understanding, something which Malta also believes in. Qatar's unstinting efforts for an immediate ceasefire in Gaza, as well as the release of hostages and the unrestricted access of humanitarian aid are indeed admirable and commendable. Malta, like Qatar, believes that urgent progress is needed towards a two-state solution to the Israeli-Palestinian conflict. We want to see the State of Israel and a sovereign, independent, democratic, contiguous and viable State of Palestine living side by side in peace and security. Malta and Qatar's Thriving Relationship The relationship between Malta and Qatar extends far beyond diplomacy, with both countries working closely together on a range of issues, including trade, investment, and cultural exchanges. The bilateral ties between the two nations have strengthened in recent years, with both governments recognising the importance of deepening co-operation in areas such as education, tourism, and sustainable development. Throughout 2024, we had the 1st ever Session of Malta-Qatar Political Consultations which took place in January 2024 in Valletta and led by Permanent Secretary Christopher Cutajar from the Maltese side and HE Dr Ahmad Hassen al-Hammadi, Secretary-General at the Ministry of Foreign Affairs of Qatar. This was followed by a considerable number of high-level visits including those of the Minister of Finance and Employment, the Minister of Education, Youth and Sport, the Minister of Health and Active Aging and the recent visit of Dr Lydia Abela, Spouse of the Prime Minister of Malta for the 30th Anniversary of the International Year of the Family Conference. This is a growing testament of the ever-growing trust between our two countries and the willingness to continue working together for the benefit of our two peoples. From Malta's active engagement in the multilateral front, to Qatar's vital role in mediation and peacebuilding, both nations continue to play a significant role in shaping regional and global diplomacy. Their partnership, built over five decades, exemplifies the power of international cooperation underpinned by the shared belief that diplomacy, dialogue, and mutual respect are the keys to achieving a peaceful and prosperous future for all. Let us continue persevering in our common endeavour to guarantee a more secure, peaceful and prosperous environment for future generations. MENAFN23122024000067011011ID1109025648 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Thousands of people took to the streets of the Slovakia capital Thursday to protest against Culture Minister Martina Simkovicova who has dismissed several heads of major cultural institutions and halted projects steered by LGBT+ associations under the pretext of promoting "Slovak culture". Simkovicova, a 53-year-old former television anchor, has been a controversial figure since taking office in October 2023. "I am frustrated and very angry about the way culture is being destroyed and organizations are falling apart," Svetlana Fialova, a 39-year-old visual artist and lecturer, told AFP. "What is happening in Slovakia is ... what is happening in Georgia, Hungary and other countries, where people who collaborate and play to Russian tunes are coming to power and trying to suppress democracy and culture," she said. "The culture of the Slovaks should be Slovak -- Slovak and none else," Simkovicova said in one early speech. Nominated by the nationalist Slovak National Party (SNS), she has also slammed "LGBT+ ideology" for causing Europe to "die out". Her views have appealed to Prime Minister Robert Fico from the centrist Smer party, whose objections to liberal values echo Viktor Orban, the prime minister of neighbouring Hungary. Simkovicova had worked notably for the Slovan TV channel, known for spreading conspiracy theories, xenophobia and pro-Russian views. Slovak National Gallery director Alexandra Kusa lost her job in August in what opponents said was part of Simkovicova's purge. "Culture ministry staff accompanied by a lawyer showed up in my office one day with a bunch of flowers and a notice," she told AFP. Kusa, who has been reduced to the post of exhibition curator, said the ministry had launched a derogatory campaign against her. She says she was punished for backing Matej Drlicka, the National Theatre director, who was sacked a day earlier. The head of the country's heritage institute was dismissed this week. "We are not compatible with the ministry. Their idea of culture is completely different from ours," Kusa said. She accuses the ministry of launching "an era of bullying and intimidation". "It's pure destruction and demonstration of power. It's terrible." The ministry did not respond to AFP's request to comment. Simkovicova also targets public media. In June, she pushed through a law reforming the state-run RTVS broadcaster into a new company, STVR, which is under her control. Analyst Pavol Hardos told AFP that wielding political influence over cultural institutions had a precedent in Slovakia. "This is something we experienced in the 1990s during the illiberal regime of Vladimir Meciar, when there were ideological tests and tests ... of who is a good nationalist, a good Slovak, and who isn't," he said. What is new is the government's "commitment to purge cultural institutions from anyone who is in any way perceived as potentially a political enemy", Hardos said. Open-minded and liberal people are "being targeted as a potential troublemaker, and people who are often enough real experts in their areas are being sidelined or thrown out," he added. Hardos said that while it was premature to talk about "an illiberal regime", Fico is walking in Orban's footsteps. The government is also targeting LGBT+ rights organisations. Early this year, Simkovicova said they would not get "a cent" from her ministry. She has recently curbed public subsidies for LGBT+ groups. "This concerns any project with links to LGBT+," said Martin Macko, head of the Iniciativa Inakost NGO. He said attacks on the minority were growing, as were the number of people being treated by the NGO's therapists. The situation has incited protests among artists, cultural institution staff and the public, who turn their backs on directors named by Simkovicova or read protest statements on theatre stages. Large rallies were held this year, mobilising tens of thousands of people. Two petitions written by artists have solicited 400,000 signatures in the EU member country of 5.4 million people. In the Slovak parliament, the opposition initiated a vote to dismiss Simkovicova, but the attempt fell through. "No culture ministry employee prevents anyone from being creative or expressing themselves," Simkovicova told the press. sc-anb-frj-kym/tw

Americans spent more than $41 billion over Thanksgiving weekendOTTAWA — Parents of children who died because of online sexual extortion are urging MPs to act on online harms legislation. The bill and other legislation have been blocked from moving forward for months due to a parliamentary privilege debate raging between the Liberals and Conservatives. Justice Minister Arif Virani split the bill into two parts this week heeding calls from critics to separate the more controversial hate speech provisions from the child exploitation components. But the bill still can’t move forward until the privilege filibuster is over. Barbie Lavers, whose teenage son died by suicide after being extorted online over intimate images, told House of Commons committee today that she supports the act and asked politicians to come to a temporary alliance and stop using children as political pawns to show “one party is more correct than the other.” Carole Todd, whose daughter Amanda died by suicide due to online sextortion, told MPs it is hurtful to watch political arguments after waiting 12 years for legislation. This report by The Canadian Press was first published Dec. 5, 2024. Anja Karadeglija, The Canadian PressTUCSON, Ariz. — The University of Arizona Innocence Project has announced a $1.5 million grant the organization hopes to use on DNA analysis to investigate potential wrongful convictions. >> Download the 12News app for the latest local breaking news straight to your phone. The money from a Department of Justice grant is the largest grant ever received by the university's Innocence Project. "This grant means we can push forward, looking deeply into cases where DNA has the potential to prove innocence and pursuing relief for those who have been wrongfully convicted," said Vanessa Buch, director of the U of A Innocence Project. The organization hopes the funding will help them increase DNA testing as a step toward criminal justice reform in Arizona. Arizona has only seen three documented DNA exonerations since 1989. The grant funding comes as the project is taking in more cases than ever with hundreds of claims of innocence waiting to be reviewed, according to officials with the project. "DNA testing is incredibly costly, and without these resources, a clinic like ours couldn't tackle cases that might require multiple rounds of testing or new, more advanced methods," said Virginia Morris, assistant director of the U of A Innocence Project. "Even just accessing older case files can be time-consuming and expensive. This grant provides us with funding to obtain records, travel when needed, and consult additional experts to give each case the attention it deserves." The funding will be used to bring more law students into the clinic and will help them get hands-on experience reviewing cases. Students can draft legal documents, interview witnesses and meet with people who may have spent years or decades in prison. Those interactions can be transformative, both professionally and personally, Morris said. As the grant expands the clinic's capacity to investigate cases, so too will it enable the U of A Innocence Project to build upon its partnership with the Conviction and Sentence Integrity Unit of the Pima County Attorney's Office. "Our hope is that by focusing on DNA cases, we'll learn more about errors in the system and start to break down barriers to exoneration in Arizona," Buch said. Up to speed Catch up on the latest news and stories on the 12News YouTube channel. Subscribe today. Watch 12News for free You can now watch 12News content anytime, anywhere thanks to the 12+ app! The free 12+ app from 12News lets users stream live events — including daily newscasts like "Today in AZ" and "12 News" and our daily lifestyle program, "Arizona Midday"—on Roku, Apple TV and Amazon Fire TV . 12+ showcases live video throughout the day for breaking news, local news, weather and even an occasional moment of Zen showcasing breathtaking sights from across Arizona. Users can also watch on-demand videos of top stories, local politics, I-Team investigations, Arizona-specific features and vintage videos from the 12News archives. Roku: Add the channel from the Roku store or by searching for "12 News KPNX." Amazon Fire TV: Search for "12 News KPNX" to find the free 12+ app to add to your account , or have the 12+ app delivered directly to your Amazon Fire TV through Amazon.com or the Amazon app.

Things are starting to look up for the Seattle Kraken. The Kraken won five of six games on their just-completed homestand to surpass hockey's version of .500 (10-9-1) and move within a point of the Western Conference's two wild-card playoff spots. Seattle will try to carry that momentum into Saturday's game against the host Los Angeles Kings, who have lost three of their past four games. The Kraken dropped four road games in a row -- a span in which they scored just four goals -- before returning home. "We were obviously losing those games, and I think your confidence, momentum and mindset starts to change a little bit," Kraken center Matty Beniers said. "So, I think being able to get home, we just kind of had a couple of days off. We were able to get some really good days of practice and make sure that our mindset and game was good and together. "And then we were able to get that first win ... and once that happens, you build confidence, and you build chemistry from there." The Kraken are coming off a 3-0 victory against visiting Nashville on Wednesday as Joey Daccord made 24 saves for his first shutout of the season. Brandon Montour (one goal, one assist) and Chandler Stephenson (three assists), Seattle's big offseason acquisitions, sparked the offense. Forward Jared McCann, the Kraken's leading scorer with nine goals and 21 points, scored three times during the homestand, including an overtime winner against Vegas. "The way things ended on the road trip, we felt like we'd let some games get away from us," McCann said. "Obviously, it wasn't good but coming home here we kind of turned the page and just tried to focus on the next game. "I mean, it's just more of a mental thing. You've got to get past that mental block. We didn't have our best (on the road), but you've got to just push that aside and worry about the next one. "That's kind of the way we had to look at it and it's worked out for us." The Kings lost 1-0 to visiting Buffalo on Wednesday despite 18 saves by David Rittich. It was the first time this season that Los Angeles was blanked. "There's nights that I'm really frustrated with how we played, and it's hard to be disappointed with the guys (Wednesday)," Kings coach Jim Hiller said. "They tried, it didn't go their way. Live with it and move on." The Kings came close to scoring several times, including a two-on-one rush late in the second period when Trevor Moore tried to pass to Phillip Danault instead of shooting. "Just one too many passes," Hiller said. "We thought Mooresy should have shot it. If the pass gets through and Phil taps it in the back door, we're saying, ‘Wow, what an incredible goal.' So you can't take that decision-making off the players. They have to play hockey and choose what's right in the situation. "On a night like (Wednesday) where it was hard to find a goal, you don't want to pass too many up. Maybe that was one that we passed up." This article first appeared on Field Level Media and was syndicated with permission.Sir Keir Starmer said he would be looking towards a “better, brighter future for every person” in a Christmas message following a turbulent year for the UK. The Prime Minister said the season was a time to remember the importance of “being there for one another”, including in “the more difficult times”. He also expressed hope for “peace, particularly in the Middle East as the birthplace of the Christmas story” amid spiralling conflict across the region. The message comes after a challenging first five months in office for the Labour Government and against the backdrop of a flatlining economy and rising inflation. Sir Keir said: “This Christmas, people will be travelling up and down the country. Heading home, visiting relatives and loved ones to celebrate together the hope and joy of this special season. “It’s a time to remind ourselves what’s really important. Family. Friendship. And fellowship between all people. “Being there for one another – in these celebrations, as well as the more difficult times.” To our military and veterans, the whole nation thanks you for the sacrifices you make to keep us safe. My government will serve you as you have served your country. I wish you and your families a very happy Christmas and a peaceful New Year. pic.twitter.com/LphMZog6np — Keir Starmer (@Keir_Starmer) December 22, 2024 The Prime Minister sought to strike an optimistic note following another year of political upheaval for Britain, which saw Labour win a landslide victory after a surprise election called by Rishi Sunak in the summer. After taking office in July, the new Government made a series of unpopular decisions as ministers confronted the realities of creaking public services and strained national finances. As well as dealing with the economic inheritance, Sir Keir said he needed to fix a “broken society” which manifested itself in summer riots across the country after the Southport knife attack. Sir Keir said: “This Christmas, I will be hoping for peace, particularly in the Middle East as the birthplace of the Christmas story. “I’ll be looking towards a better, brighter future for every person and celebrating the joy and wonder that Christmas brings. “So, from my family to yours, I hope you have a very merry Christmas.” The message comes after revised official figures released on Monday indicated that UK gross domestic product (GDP) showed no growth between July and September. Downing Street defended the Government’s record so far when asked about the data, telling reporters: “We had to take those tough decisions to lay the foundations of growth such that we can then deliver the higher living standards over this Parliament that people want to see.” The Prime Minister also used his message to thank those spending Christmas serving others, including in the NHS and emergency services, the armed forces, churches and charities. “I know that this is not an easy time for everyone, and my thoughts are with all those who are lonely this Christmas. “Having a tough time, missing a loved one. You are not alone,” he said. Meanwhile, Kemi Badenoch said Christmas was a time to reflect on “all that’s happened in the year” and “support all of those people who need our assistance”. “I want to take this opportunity to say thank you to everyone, not just in the Conservative Party or in my constituency, but across the country,” the Tory leader said. “For all that you have been doing in your communities, supporting each other and helping to keep all our towns, villages and places going. “I think that Christmas is a time for us to reflect on all that’s happened in the year. “Sometimes we have amazing years. “Sometimes, like when I lost my dad, we have difficult years and we’re commiserating, but we do it together. “But it’s a time for us to support all of those people who need our assistance, who need our help, who need our support.” She added: “And I’m looking forward to 2025. “I wish you all the very best for the New Year and all of the exciting things to come.” Liberal Democrat leader Sir Ed Davey said: “This year, I’ve had the chance to spend time with some amazing young carers. “Incredible young people who will spend this Christmas doing what they do all year round; looking after loved ones who are ill or disabled. “Carers embody the Christmas spirit of love, selflessness and generosity. “So I hope we can all take some time to think of them, and keep them in our hearts. “And wish them – and everyone – a Christmas full of peace, joy and love.”

How an unexpected gift reminds us of what mattersSubmitted by QTR's Fringe Finance Those who have been following me for a long time know that the term “animal spirits,” often used to describe the appetite for risk-taking in markets, is on my list of the financial world’s bullshit overused phrases and sayings perpetually invoked to explain to the commonfolk why markets only go up in our rigged, inflation and debt-based monetary policy system. I’ve taken similar exception to terms like “Santa Claus rally,” which we are undoubtedly going to hear no less than a trillion times between now and 2025, as financial commentators and analysts scramble for public relations lipstick to slap on top of a 30x price-to-earnings pig. Because, after all, according to “economists,” central bankers, and equity strategists, we should pay no attention to inflation or the purchasing power of the dollar — only the stock market and spending. The stock market always goes up and it should always have a reason to do so, according to them. By their logic, it’s never overvalued, there are never any bubbles, there is never any malinvestment and there’s nothing to worry about. Stop worrying about subprime housing—“subprime is contained,” Ben Bernanke told me. Stop worrying about inflation—“inflation is transitory,” Janet Yellen told me. Stop worrying about Enron — dozens of magazines in the 90’s said it was the best company on the planet. Elizabeth Holmes was “the next Steve Jobs”. Sam Bankman-Fried was the next Warren Buffett. And so on and so forth we fly into the perpetually euphoric and unprecedented monetary debasement experiment that will yield results that nobody can time or predict. A couple of years ago, the S&P 500 was at 3,000, and analysts set price targets for the next year at 3,500. The year after that, the S&P was at 4,000, and analysts set price targets for the following year at 4,500. The year after that, the market was at 5,000, and analysts set price targets for the next year at 5,500. The number keeps going up, the money printer keeps printing, the wealth inequality gap keeps widening, the market becomes further and further micromanaged by central banks, the ATMs of the country keep spitting out Federal Reserve notes, society continues to function, our US Dollar continues to “lead” the world economically. All the while, the Earth keeps spinning inside our solar system, which is inside a galaxy, which is inside a universe that, according to scientists, continues to expand into nothingness. And then one day you wake up at 3AM, like I did today, and the Shiller PE is a nosebleed 38x. And, with the uncertainty of this unprecedented experiment ahead, it isn’t just equity markets right now that personify the “animal spirits” in the market; it’s cryptocurrencies, which are now collectively worth over $3 trillion. The emerging asset class, still not understood by a majority of people on Earth, has been ground zero for risk-taking over the last couple of years. And if you’re in the mood for risk, why waste time trying to capture a pedestrian 30% in the stock market when Bitcoin feels like it’s doubling every other day? On top of that, there are options, futures, and leverage in all different types of ways to double, triple, quadruple, and 10x that double many times over. For risk-takers, cryptocurrency is like catnip. A lot of the discussion on Bitcoin and the cryptocurrency universe has revolved around when the digital asset, now worth about $1.7 trillion will reach parity with gold, which commands a market cap of about $19 trillion right now. And at the rate things are going, it might not be too much longer before Bitcoin is a $5 trillion asset. We have a new incoming presidential administration that is favorable towards crypto, and the FOMO is palpable right now across the financial industry, with basically everybody except Vanguard capitulating and giving in to either buying Bitcoin, custodying it, trading it, or otherwise figuring out a way to make money off of it. Bitcoin adoption is surging, and this could mean one of two things: it’s either becoming a deeply rooted part of the financial system or we’re in a $3 trillion bubble that could burst. Once a skeptic, I’ve come to embrace Bitcoin, though I remain cautious about the unprecedented risks it carries. Gaining a better understanding of its mechanics and evaluating its risks helped shift my perspective. With Bitcoin nearing a $2 trillion market cap and other cryptocurrencies like Dogecoin holding significant valuations, it’s a good moment to revisit the key risks involved. While bullish takes on crypto are everywhere, I prefer to examine the potential downsides. Years ago, I believed a crypto collapse could trigger a financial crisis. Although I’ve moved away from that view as adoption has grown, the larger Bitcoin gets, the bigger the potential economic shock if things go south. It’s not a prediction, but it’s a risk worth considering. 🔥 BLACK FRIDAY - 50% OFF FOR LIFE: Using this coupon entitles you to 50% off an annual subscription to Fringe Finance for life: Get 50% off forever Then there’s the question of what could go wrong. Bitcoin is an unprecedented asset class with unique risks, many of which are still unknown. For example, if Satoshi’s dormant coins suddenly moved, it could trigger a sharp price drop, with significant consequences for a market driven by leverage and speculation. Even if Bitcoin survives long-term, a $1 trillion to $1.5 trillion loss in value could ripple through the economy. As Bitcoin’s market cap grows, so does its systemic risk. I’ve also often raised the question of what comes next after SHA-256 hash functions and whether or not Bitcoin will be safe amidst the jump to quantum computing. The prevailing sentiment has always been that to protect the Bitcoin network, miners and those invested in developing the network will have to stay on the forefront of technological change and encryption capabilities to ensure the network doesn’t lose a beat as the world of microprocessing advances. The ‘bull case’ thoughts about this risk, at least according to Michael Saylor the last time I talked to him, was that if you had the power to crack SHA-256 encryption right now, there would be much bigger potential targets to go after than the Bitcoin network, seeing as how the very same encryption ensures the integrity of almost all major, consequential defense, military, and government computer networks worldwide. Saylor makes a valid point, but as Bitcoin's market cap grows, so does the incentive to hack or compromise its network. With a $1.8 trillion bounty effectively on the line, the temptation for bad actors increases. Fortunately, Bitcoin’s network is built with significant redundancy and safeguards, but the true risks, especially from quantum computing, will only become clear as technology advances. I will continue to watch cryptocurrency very closely, if not for any other reason, then as a gauge for risk-on sentiment starting to falter. When investors move to risk-off strategies, they tend to sell the riskiest assets first—starting with cryptocurrencies, then equities, bonds, and eventually autos and real estate. Since crypto markets are highly leveraged, their movements can serve as a key signal for broader market and economic downturns. There’s a reason the saying “stocks take the stairs up and the elevator down” exists. There’s also a reason for the saying “the bigger they are, the harder they fall.” There’s also a reason market panics often shock and scare market participants: they happen when people least expect them. And all I’m saying today is when euphoria and speculation have hit their peak, when you least expect it, that ‘animal spirits’ can become ‘cannibal spirits’ very quickly. Despite three years of rate hikes, the stock market has remained resilient. This could be due to excess liquidity, strong investor optimism, confidence in Fed policies, or even anticipation of lower taxes and deregulation following Trump’s reelection. Everyone is breathing a sigh of relief right now, me included, as it relates to the economy. As I wrote earlier this month in my article , The Dam Has Burst, The Floodgates Of Liberty Just Opened, it feels like the nation’s soul can breathe a little bit. Many feel relieved, believing the Fed may achieve a "soft landing." Inflation concerns are easing, even though prices remain above the 2% target, and optimism about the stock market persists despite signs of a strained consumer and a fragile economy. A final reminder, as the nation feels awash with liberty — liberty is an ally of freedom. And freedom in markets means that prices go both up and down. QTR’s Disclaimer : Please read my full legal disclaimer on my About page here . This post represents my opinions only. In addition, please understand I am an idiot and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning. Contributor posts and aggregated posts have been hand selected by me, have not been fact checked and are the opinions of their authors. They are either submitted to QTR by their author, reprinted under a Creative Commons license with my best effort to uphold what the license asks, or with the permission of the author. This is not a recommendation to buy or sell any stocks or securities, just my opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. I may or may not own names I write about and are watching. Sometimes I’m bullish without owning things, sometimes I’m bearish and do own things. Just assume my positions could be exactly the opposite of what you think they are just in case. If I’m long I could quickly be short and vice versa. I won’t update my positions. All positions can change immediately as soon as I publish this, with or without notice and at any point I can be long, short or neutral on any position. You are on your own. Do not make decisions based on my blog. I exist on the fringe. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. I edit after my posts are published because I’m impatient and lazy, so if you see a typo, check back in a half hour. Also, I just straight up get shit wrong a lot. I mention it twice because it’s that important.

Paylocity director Steven Sarowitz sells $603,704 in stockgeothermal turbines market which was USD 67.61 billion in 2023, would rocket up to USD 111.89 billion by 2031, and is expected to undergo a CAGR of 6.5% 11-22-2024 06:59 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Data Bridge Market Research Private Ltd / PR Agency: Data Bridge Market Research "Global Geothermal Turbines Market, By Type (Flash Steam, Binary Cycle, and Dry Steam), Capacity (Low Capacity (10MW)), Application (Electric Power Generation, Direct Use, and Cogeneration), End Use (Industrial, Residential, Agriculture, and Others) - Industry Trends and Forecast to 2031. Data Bridge Market Research analyses that the global geothermal turbines market which was USD 67.61 billion in 2023, would rocket up to USD 111.89 billion by 2031, and is expected to undergo a CAGR of 6.5% during the forecast period of 2024 to 2031. Explore Further Details about This Research Geothermal Turbines Market Share Report https://www.databridgemarketresearch.com/reports/global-geothermal-turbines-market **Middle East Respiratory Syndrome (MERS) Market Analysis 2021 & 2029** **2021 Analysis:** - The Middle East Respiratory Syndrome (MERS) market in 2021 witnessed steady growth with an increasing focus on research and development efforts to combat the disease. The market was primarily driven by the rising prevalence of MERS infections in the Middle Eastern region, leading to a higher demand for diagnostic tools, treatment options, and preventive measures. The market also saw advancements in technology and innovations in therapeutic approaches to manage MERS. **2029 Analysis:** - By 2029, the Middle East Respiratory Syndrome (MERS) market is projected to experience significant growth due to continued research and development activities aimed at finding more effective treatment modalities and preventive strategies. With an increasing emphasis on public health initiatives and infrastructure development in the Middle East, the market is expected to expand further, offering new opportunities for market players to introduce innovative solutions. **Segments:** - **Diagnostic Tools** - Advanced PCR testing kits - Rapid antigen detection assays - Serology tests - **Treatment Options** - Antiviral medications - Immunomodulators - **Preventive Measures** - Vaccines targeting MERS-CoV - Public health campaigns on hygiene practices **Market Players:** - **Abbott Laboratories** - **Roche Diagnostics** - **Tetracore Inc.** - **Siemens Healthineers** - **Thermo Fisher Scientific** - **Cepheid** - **Fujirebio** - **BioFire Diagnostics** - **Qiagen** - **Biocartis** https://www.databridgemarketresearch.com/reports/global-middle-east-respiratory-syndrome-mers-marketThe Middle East Respiratory Syndrome (MERS) market is poised for significant growth between 2021 and 2029 as key market players continue to invest in research and development efforts to combat the disease effectively. With advancements in technology and therapeutic approaches, there is a growing focus on developing more precise and rapid diagnostic tools to detect MERS infections early on. This emphasis on early detection is crucial in controlling the spread of the disease and reducing the overall burden on healthcare systems in the Middle East region. In terms of treatment options, the market is witnessing a shift towards innovative antiviral medications and immunomodulators that target the specific mechanisms of MERS-CoV, the virus responsible for the syndrome. These novel therapies offer promising outcomes in managing the symptoms of MERS and improving patient outcomes. Additionally, preventive measures such as vaccines targeting MERS-CoV and public health campaigns promoting hygiene practices are becoming increasingly crucial in preventing the spread of the disease and minimizing its impact on public health. Market players such as Abbott Laboratories, Roche Diagnostics, Tetracore Inc., and Siemens Healthineers are at the forefront of developing cutting-edge solutions for the MERS market. These companies are leveraging their expertise in diagnostics, treatment development, and public health initiatives to address the evolving needs of healthcare systems in the Middle East. Collaborative efforts among industry players are also driving innovation and propelling the market forward by introducing new products and solutions that cater to the specific requirements of combating MERS effectively. Moreover, with the growing emphasis on infrastructure development and public health initiatives in the Middle East, there is a ripe opportunity for market players to expand their reach and introduce their offerings to a broader audience. The increasing awareness about MERS and the importance of early detection and treatment among healthcare providers and the general population is creating a conducive environment for market growth. As a result, the Middle East Respiratory Syndrome market is expected to witness a surge in demand for diagnostic tools, treatment options, and preventive measures, presenting lucrative opportunities for**Market Players:** - GeneOne Life Science (South Korea) - INOVIO Pharmaceuticals (U.S.) - Pfizer Inc. (U.S.) - Regeneron Pharmaceuticals Inc (U.S.) - Astellas Pharma Inc. (Japan) - Merck KGaA (Germany) - Sanofi (France) - Biocare Medical, LLC (U.S.) - Lilly (U.S.) - Teva Pharmaceutical Industries Ltd (Israel) The Middle East Respiratory Syndrome (MERS) market is witnessing substantial growth driven by the concerted efforts of key market players in research, development, and innovation. With a focus on developing advanced diagnostic tools, treatment options, and preventive measures, the market is poised to expand significantly between 2021 and 2029. Collaborative efforts among industry leaders such as Abbott Laboratories, Roche Diagnostics, Tetracore Inc., and Siemens Healthineers are paving the way for cutting-edge solutions to combat MERS effectively. These companies are leveraging their expertise to introduce novel therapies, diagnostic kits, and public health initiatives tailored to the unique requirements of the Middle Eastern region. The shift towards more precise diagnostic tools, including PCR testing kits and rapid antigen detection assays, is crucial for early detection of MERS infections, thereby aiding in containing the spread of the disease and reducing the strain on healthcare systems. Additionally, the market is witnessing a transition towards innovative treatment options such as antiviral medications and immunomodulators that target the specific mechanisms of M Table Of Content 1 Introduction 1.1 Objectives Of The Study 1.2 Geothermal Turbines Market Definition 1.3 Overview 1.4 Limitations 1.5 Markets Covered 2 Geothermal Turbines Market Segmentation 2.1 Geothermal Turbines Market Covered 2.2 Geographical Scope 2.3 Years Considered For The Study 2.4 Currency And Pricing 2.5 Dbmr Tripod Data Validation Model 2.6 Multivariate Modeling 2.7 Primary Interviews With Key Opinion Leaders 2.8 Dbmr Geothermal Turbines Market Position Grid 2.9 Dbmr Vendor Share Analysis 2.1 Secondary Sources 2.11 Assumptions 3 Executive Summary............. Browse Related Reports: https://strategicmarketresearch12.blogspot.com/2024/11/glass-substrate-market-driving.html https://strategicmarketresearch12.blogspot.com/2024/11/gasoline-market-trends-in-production.html https://strategicmarketresearch12.blogspot.com/2024/11/frozen-potato-market-increasing-demand.html https://strategicmarketresearch12.blogspot.com/2024/11/hall-effect-current-sensor-market.html Contact Us: Data Bridge Market Research US: +1 614 591 3140 UK: +44 845 154 9652 APAC : +653 1251 975 Email: corporatesales@databridgemarketresearch.com About Data Bridge Market Research: Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. This release was published on openPR.