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RODRIGO Duterte won the presidency riding on the slogan "Pagbabago." His campaign centered on "federalism," a concept dear to the neglected people from the margins, milking this polarizing catchphrase — Manila imperialism! — the overly centralized political authority lodged in the capital region. Parliamentary government is a key complement to federalism. Duterte was an advocate but with a twist — he wanted a strong presidency, often referring to the French model erroneously as something desirable for the Filipinos. His framework for this feature was historical nostalgia for pre-Hispanic times "...when the bond between social classes, maharlika and maginoo (the nobles) to the freemen and slaves was balanced on the "padrino/patron relationship. This buttressed his conviction of a strong father figure for the presidency, but inconsistent with a parliamentary system. Yet he initiated a shift to a federal-parliamentary from a unitary presidential regime, declaring that the latter was the root cause of all major problems plaguing Philippine governance. His persona as a filthy-mouthed, uncouth, misogynistic, strong-armed leader fired the citizenry's imagination, naively impressed by such vulgarity, as was his reputation as a "can do" local government chief executive, boasting of his accomplishment as mayor of a city, he "eliminated" crime and arrested Davao City's slide toward a narco-state. He would do the same for the country once elected president. And the Filipinos believed him! Register to read this story and more for free . Signing up for an account helps us improve your browsing experience. OR See our subscription options.More Starbucks Locations in Southern California Close Amid Strike
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Razor’s first report card: All Blacks’ duxes and dunces of 2024Canadian investors are navigating investment options for a potentially explosive 2025. As the economy braces for a potential shock as the United States’s president-elect threatens to impose huge tariffs on trade partners, finding stocks that offer growth, reliable , and wealth preservation has become increasingly crucial. Enter ( ), a rare stock investment option that checks most boxes for investors. While high-flying tech stocks grab headlines, Fortis – an electric and gas utility stock serving millions of customers in Canada, the United States and Caribbean territories – has quietly built a 51-year track record of consecutive dividend increases, recently becoming only the second Canadian company to achieve the coveted status (behind ( ) stock). Its fresh 4.2% dividend raise in November brings the current yield to 4.1%, but here’s what makes Fortis stock truly compelling for 2025: For investors seeking the trifecta of steady income, capital preservation, and long-term growth potential, Fortis stock’s story is more than about the 4.1% future dividend yield. It demands more attention. A $26 billion growth plan powers Fortis stock’s future Fortis stock isn’t just about current income – it’s positioned for significant growth. The company’s newly announced 2025–2029 capital expenditure plan of $26 billion represents its most ambitious (and low-risk) expansion yet. This comprehensive revenue and earnings growth plan, which exceeds the previous five-year strategy by $1 billion, aims to grow the company’s rate base from $38.8 billion to approximately $53 billion by 2029, targeting a robust 6.5% annual growth rate. Revenue growth could translate into earnings, cash flow, and respectable dividend growth rates. How Fortis stock could double your money For investors seeking wealth accumulation, Fortis stock presents a compelling case. Using the predictive power of the , doubling your investment over a decade requires roughly 7.2% in annual total returns. Fortis stock’s current 4.1% dividend yield, combined with management’s targeted dividend growth rate of 4-6% through 2029, means investors need only modest share price appreciation to achieve this goal. Historical performance supports this potential – investors who purchased Fortis stock a decade ago and reinvested all dividends saw their position grow by 125%. data by Buy Fortis stock for stability in uncertain times What makes Fortis stock particularly valuable is its remarkable stability. With a one-year Beta of just 0.09 against the , Fortis stock has shown exceptionally low volatility compared to the broader market. As a regulated electric and gas utility serving millions of needy customers, Fortis provides essential services that generally remain in demand regardless of economic conditions. The growing energy demands of artificial intelligence (AI) and technological advancement provide additional tailwinds for Fortis stock’s growth trajectory. Interestingly, Fortis stock could help diversify volatile AI-tilted portfolios. Fortis stock’s attractive valuation and low-risk growth funding Currently trading at a forward price-to-earnings (P/E) multiple of 17.8, Fortis stock sits comfortably within its five-year historical PE range. This reasonable valuation, paired with the company’s proven track record of shareholder wealth creation, creates an appealing entry point for long-term investors. The company’s plans to fund its $26 billion capital expenditure primarily through internally generated cash flow, reduces the risk of excessive debt or equity dilution. Fortis’s dividend reinvestment plan (DRIP) provides an additional source of capital for future projects, and allows current investors to participate in its growth projects for even more dividends and capital gains. Fortis stock appears to be a well-positioned core-portfolio investment for 2025 and beyond. Investor takeaway For investors seeking a combination of current income, growth potential, and stability, Fortis stands out as a compelling choice. Its status as a dividend king, coupled with its robust growth plans and an essential business model, makes it a strong candidate for any growth and income-focused portfolios heading into 2025.SAN ANTONIO (AP) — Colorado secured what it said was record insurance coverage for quarterback Shedeur Sanders and Heisman Trophy winner Travis Hunter as the star duo opted to complete their college careers in the Alamo Bowl rather than sit out and prepare for the NFL draft. Colorado would not disclose the amount of insurance coverage each received, citing privacy laws. Coach Deion Sanders and athletic director Rick George both said it was the largest in college football history. “We happen to have two players that are probably going to be the first two picks of the NFL draft,” Sanders said Monday. “We all know who those two are and they have received, I think, the highest number of coverage that has ever been covered in college football. It far exceeds anyone that has ever played this game of college football.” While college programs maintain insurance policies for their athletes in case of injury, Colorado increased disability coverage for its entire roster in the Alamo Bowl. Sanders, the coach of the No. 20 Buffaloes, ensured his QB son and two-way star Hunter received larger policies since both are expected to be among the top 10 selections in the upcoming NFL draft. “It was his idea we should get disability insurance for our athletes for this game to ensure that they played and if there was some kind of injury that they would be well taken care of," George said. “So, we worked together on that. We’re excited about it. We think it’s great that all our players are playing in the game. That’s what all bowl games should be like.” Colorado (9-3, No. 23 CFP) will face the 17th-ranked BYU Cougars (10-2, No. 17 CFP) in the Alamo Bowl on Saturday. While most teams are scrambling with starters opting out of bowl games this year to enter the transfer portal or NFL draft, the Buffaloes did not lose any player on their two-deep roster. “It’s more than what I got (when he played at Kansas State),” Colorado linebackers coach Andre’ Hart said. “They gave us a helmet and said pop this on your leg and get out there and play. For them to get that (increased insurance coverage), I just think it’s beneficial. To talk about where the game is, where it’s going and how leadership is taking care of the players, I thought that’s excellent.” Shedeur Sanders completed 337 of 454 passes for 3,926 yards and 35 touchdowns this season. Many scouting services have Sanders rated as the top quarterback in this year's draft. Hunter received the Heisman Trophy as a two-way standout at cornerback and wide receiver. He had 92 receptions for 1,152 yards and 14 touchdowns and as a cornerback had four interceptions, broke up 11 passes and limited the opposition to 22 receptions on 688 defensive snaps. “They’ve taken care of us, everybody,” Colorado running back Micah Welch said. “It really means a lot to have every teammate up here. That's a big thing. What I like about Coach Prime, they’re taking care of us.” Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football
Trump’s expansionist overtures stir pushback from Greenland, PanamaPep Guardiola has insisted Erling Haaland alone is not responsible for Manchester City’s dramatic collapse in form this season. The Premier League champions, on a unprecedented run of four successive English titles, saw their campaign go from bad to worse with a 2-1 loss at Aston Villa on Saturday - their ninth defeat in 12 matches in all competitions. The reverse also marked previously prolific striker Haaland’s fifth game without a goal in six matches. After the game, the Norway international told TNT Sports: “First I’m looking at myself. I haven’t been scoring my chances. I have to do better, I haven’t been good enough.” City manager Guardiola subsequently defended Haaland, who has scored 108 times for the club since joining in 2022 by saying that “without him we will be even worse” and that “he needs to be delivered the right balls in the right spots”. Guardiola stuck to his theme on Tuesday during a pre-match press conference ahead of Thursday’s Boxing Day match at home to Everton. “It’s about us, not just one player,” he said. “When in the past we score goals and Erling was so prolific, helping us, it was because of the team. “And when you have problems at the back, in the middle, it is for everyone, it is a team, it is not about one player. It would be easy, if it was just one player, the reason why. It’s not about that.” The Catalan boss added: “Erling is so important for us, will be so important for us, has been. (We have to) try to do things better, to use him better. In this situation, this tendency for all of us (is to say) ‘the reason why is this one, and this one and this one’. It’s about us, about everyone. “The guys are running, making effort more than ever. All the tendency ‘it’s because we don’t run, because we don’t fight, the reason why is this situation or this player or this manager’... It’s not about that. “It’s many little details or big details that make all together not as good as we were. But we have another opportunity on Boxing Day.” Related Story EAA signs pacts to empower youth in Qatar, Palestine Monoprix launches sensory friendly hours at Doha Festival City outlet
Mayor of Quelimane, the fifth-largest city in Mozambique, Manuel Lopes de Araújo has urged the South African government to heighten its intervention in the neighbouring country, warning that failure to ease tensions may result in negative consequences to South Africa. Earlier this week, IOL reported that political turmoil in Mozambique, ignited by the elections held on October 9, escalated after ruling Frelimo party candidate Daniel Chapo was declared the winner of the highly contested polls. The Constitutional Council, Mozambique's highest body in matters of constitutional and electoral law has however revised Chapo's victory margin by five per cent, from 70 to 65 percent, with majority of that five percent going to Chapo's archrival Venâncio Mondlane, whose total rose from 20 to 24 percent. Demonstrations have erupted in different cities including the capital Maputo since the end of October, with protesters contesting the election results that further entrenched Frelimo's 49-year hold on power in Mozambique. As the protests intensified, border operations at Lebombo have been temporarily suspended at several intervals, hindering trade flow between South Africa and Mozambique as heavy trucks carrying minerals to ports in Mozambique are stuck on South African side. In an interview with broadcaster Newzroom Afrika on Christmas Day, Araujo who is a member of Mozambique's main opposition party, Renamo, said the South African Development Community (SADC) region will feel the heat if the situation in Mozambique further degenerates. "I am very happy that finally, President Cyril Ramaphosa understood the extent of the crisis in Mozambique. I have spent the last month in South Africa, I was in Johannesburg, Pretoria, I went to Durban during the meeting of the MK... Jonisayi MaromooutboundIQ Achieves Certified Implementation Partner (CIP) Status with Five9
Jefferson keeps seeing double as Vikings aim to stay focused on overall offensive productionSANOMA CORPORATION: ACQUISITION OF OWN SHARES 27 December 2024
