It’s Either Sullivan or Make Big Moves, Something Has to GiveAS we approach the end of another year, many of us are left reflecting on the goals we set and the progress we've made. The reality, however, is that life rarely unfolds according to our plans, especially when it comes to personal finance. Perhaps you started the year with ambitious goals — to save more, invest in your future or finally pay off those lingering debts. Yet, as 2024 draws to a close, you might be feeling a mix of pride in what you've achieved and disappointment in what remains unfinished. But here's the truth: there's still time to turn things around, and more importantly, there's time to end the year feeling strong, proud and financially secure. 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.
John Parker Romo made a 29-yard field goal to lift the Minnesota Vikings to a 30-27 overtime win against the host Chicago Bears on Sunday afternoon. Romo buried the game-winning kick in his third career game for Minnesota (9-2), which won its fourth game in a row. The score capped a 10-play, 68-yard drive for the Vikings after the Bears went three-and-out on the first overtime possession. Sam Darnold completed 22 of 34 passes for 330 yards and two touchdowns to lead the Vikings. Wideout Jordan Addison finished with eight catches for a career-high 162 yards and a touchdown. The overtime defeat spoiled an impressive performance from rookie quarterback Caleb Williams, who completed 32 of 47 passes for 340 yards and two touchdowns for Chicago (4-7). D.J. Moore had seven catches for 106 yards and a touchdown, and Keenan Allen finished with nine catches for 86 yards and a score. Chicago erased an 11-point deficit in the final 22 seconds of regulation to send the game to overtime. Romo had put Minnesota on top 27-16 when he made a 26-yard field goal with 1:56 remaining in the fourth quarter. Williams trimmed the Bears' deficit to 27-24 with 22 seconds to go. He rolled right and found Allen wide open in the end zone for a 1-yard touchdown, and moments later he fired a strike to Moore for a two-point conversion. The Bears recovered an onside kick on the next play to regain possession at their 43-yard line with 21 seconds left. Cairo Santos' onside kick bounced off the foot of Vikings tight end Johnny Mundt, and Tarvarius Moore recovered it. D.J. Moore put the Bears in field-goal position with a 27-yard reception across the middle of the field, and Santos made a 48-yarder as time expired to even the score at 27-all. Minnesota led 24-10 after three quarters. Romo made a 40-yard field goal early in the third quarter, and Aaron Jones punched in a 2-yard run with 1:22 left in the period to put the Vikings on top by two touchdowns. Addison and Jalen Nailor each had receiving touchdowns in the first half for Minnesota. Roschon Johnson scored on a 1-yard run for the Bears' only touchdown of the first half. Chicago trailed 14-10 at the break. --Field Level Media
As many as two lakh Income Tax Returns (ITRs) containing details of foreign assets and income have been filed during the current assessment year till now, according to the tax department which urged Indian residents for tax purposes to ensure they file the right form and revise their returns if they submitted the wrong form. The shares obtained and income earned by resident tax Indians from their employers through employee stock options should also be disclosed to the Income-Tax Department by filling foreign assets and foreign source income schedule provided in the relevant ITR , a senior CBDT officer explained. The tax department and its administrative authority Central Board of Direct Taxes (CBDT) recently launched a campaign to ensure that the select category of taxpayers (Indian residents for tax purposes) report their foreign assets (FA) and foreign source income (FSI) during the 2024-25 assessment year by the deadline of December 31. The department conducted a 'Samvaad' online interaction session on the subject of 'property disclosure of foreign assets and income by taxpayers' where the Commissioner (investigation) in the CBDT Shashi Bhushan Shukla explained various provisions of the subject and relevant linked provisions of the anti-black money Act of 2015. Shukla stated that taxpayers (categorised as tax residents of India in the previous year) should choose the correct ITR to furnish these details to the I-T department. Those who possess such assets or income but have filed either ITR-1 or ITR-4 should file a revised or belated return by December 31 to escape penalty and prosecution prescribed under the anti-black money law, he said. 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I would request those taxpayers who are supposed to declare their foreign assets or income to file a revised return in the relevant ITR and comply with the rules and law," the officer said. He also said that those taxpayers who got shares and earned dividend (interest) income from shares allotted to them via the employee stock option by their overseas employer are also required to report such information to the Indian tax authorities. If there is a tax payable, then they should pay that tax too, the officer said. He said holding an asset abroad is reportable in the ITR even if no income is earned by the said taxpayer through such an asset. Such an asset is also reportable to the taxman irrespective of the time of its purchase, the officer said. If the taxpayer has already paid tax in a foreign jurisdiction (by way of withholding tax) on such assets or income then they should file the 'tax relief' schedule in the ITR and claim relief from Indian tax authorities and save themselves from being taxed doubly for the same income, Shukla explained. India has signed the Double Taxation Avoidance Agreements (DTAAs) for the said purpose with various countries. Apart from these, he said, agreements and mutual exchange treaties like CRS (common reporting standard) with 123 countries and FATCA (foreign account tax compliance) with the US have been signed through which Indian tax authorities annually get information about the foreign assets and income of Indians based abroad. "As part of the current campaign on this subject, we are sending emails and SMSes to such taxpayers whose information has been received from foreign jurisdictions and they have income beyond a threshold or they have undertaken high-value transactions," he said. The officer said such campaigns have led to a steady rise in reporting of foreign assets by taxpayers with about two lakh filings being done during the 2024-25 AY till now, 1.6 lakh during 2023-24 AY, 75,000 ITRs filed during 2022-23 AY amd 60,000 during the AY 2021-22. Speaking about the "so-called" alleged tax haven jurisdictions like the British Virgin Islands, Vanuatu, Malta, Jersey, Luxembourg, etc., the officer said India was also getting information on the assets held by Indians in such nations via the CRS agreement. He said the procedure to fill the FA and FSI columns in ITRs is also explained on the department's e-filing portal. A foreign asset includes bank accounts, cash value insurance contract or annuity contract, financial interest in any entity or business, immovable property, custodial account, equity and debt interest, trusts in which a person is a trustee, beneficiary of settlor, accounts with singing authority, any capital asset etc., held abroad. A tax resident of India, as per the I-T law, is a person who spent 182 days or more in the country over the last year or a person who lived a minimum of 365 days in the last four years. Nominations for ET MSME Awards are now open. The last day to apply is November 30, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award. (You can now subscribe to our Economic Times WhatsApp channel )
The emperor penguin who swam from Antarctica to Australia has been released to see after he ended up at the shore of a popular tourist beach. The adult male penguin was discovered at the Ocean Beach sand dunes on November 1 in the town of Denmark, southwest Australia over 3,500 kilometres north of the frozen and cold waters of Antarctica, the Western Australia state government said. The bird was released into the Southern Ocean from a Parks and Wildlife Service boat on Wednesday after it travelled for several hours from the city of Albany, according to the New York Post . Registered wildlife caregiver Carol Biddulph had cared for the penguin and named him Gus, short for the first Roman emperor Augustus. “I really didn’t know whether he was going to make it to begin with because he was so undernourished,” Biddulph said in a video recorded before the bird’s release. “I’ll miss Gus. It’s been an incredible few weeks, something I wouldn’t have missed,” she added. “He absolutely loves his big mirror and I think that has been crucial in his well-being. They’re social birds and he stands next to the mirror most of the time,” she said. Gus also gained weight in her care. When he was found, he weighed 21.3 kilogrammes (47 pounds) and at the time of his release, he weighed 24.7 kilogrammes (54 pounds). Interestingly, emperor penguins are known to swim and cover up to 1,6000 kilometres (1,000 miles) on foraging journeys that last up to a month, the government added.
NEW YORK—What a wonderful year 2024 has been for investors. US stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. The year featured many familiar winners, such as Big Tech, which got even bigger as their stock prices kept growing. But it wasn’t just Apple, Nvidia and the like. Bitcoin, gold and other investments also drove higher. Here’s a look at some of the numbers that defined the year. All are as of December 20. 1998 Remember when President Bill Clinton got impeached or when baseball’s Mark McGwire hit his 70th home run against the Montreal Expos? That was the last time the US stock market closed out a second straight year with a leap of at least 20 percent, something the S&P 500 is on track to do again this year. The index has climbed 24.3 percent so far this year, not including dividends, following last year’s spurt of 24.2 percent. 57 The number of all-time highs the S&P 500 has set so far this year. The first came early, on January 19, when the index capped a two-year comeback from the swoon caused by high inflation and worries that high interest rates instituted by the Federal Reserve to combat it would create a recession. But the index was methodical through the rest of the year, setting a record in every month outside of April and August, according to S&P Dow Jones Indices. The latest came on Decmber 6. 3 The number of times the Federal Reserve has cut its main interest rate this year from a two-decade high, offering some relief to the economy. Expectations for those cuts, along with hopes for more in 2025, were a big reason the US stock market has been so successful this year. The 1 percentage point of cuts, though, is still short of the 1.5 percentage points that many traders were forecasting for 2024 at the start of the year. The Fed disappointed investors in December when it said it may cut rates just two more times in 2025, fewer than it had earlier expected. 1,508 That’s how many points the Dow Jones Industrial Average rose by the day after Election Day, as investors made bets on what Donald Trump’s return to the White House will mean for the economy and the world. The more widely followed S&P 500 soared 2.5% for its best day in nearly two years. Aside from bitcoin, stocks of banks and smaller winners were also perceived to be big winners. The bump has since diminished amid worries that Trump’s policies could also send inflation higher. $100,000 The level that bitcoin topped to set a record above $108,000 this past month. It’s been climbing as interest rates come down, and it got a particularly big boost following Trump’s election. He’s turned around and become a fan of crypto, and he’s named a former regulator who’s seen as friendly to digital currencies as the next chair of the Securities and Exchange Commission, replacing someone who critics said was overly aggressive in his oversight. Bitcoin was below $17,000 just two years ago following the collapse of crypto exchange FTX. 26.7% Gold’s rise for the year, as it also hit records and had as strong a run as US stocks. Wars around the world have helped drive demand for investments seen as safe, such as gold. It’s also benefited from the Fed’s cut to interest rates. When bonds are paying less in interest, they pull away fewer potential buyers from gold, which pays investors nothing. $420 It’s a favorite number of Elon Musk, and it’s also a threshold that Tesla’s stock price passed in December as it set a record. The number has a long history among marijuana devotees, and Musk famously said in 2018 that he had secured funding to take Tesla private at $420 per share. Tesla soared this year, up from less than $250 at the start, in part because of expectations that Musk’s close relationship with Trump could benefit the company. $91.2 billion That’s how much revenue Nvidia made in the nine months through October 27, showing how the artificial-intelligence frenzy is creating mountains of cash. Nvidia’s chips are driving much of the move into AI, and its revenue through the last nine months catapulted from less than $39 billion the year before. Such growth has boosted Nvidia’s worth to more than $3 trillion in total. 74% GameStop’s gain on May 13 after Keith Gill, better known as “Roaring Kitty,” appeared online for the first time in three years to support the video game retailer’s stock, which he helped rocket to unimaginable heights during the “meme stock craze” in 2021. Several other meme stocks also jumped following his post in May on the social platform X, including AMC Entertainment. Gill later disclosed a sizeable stake in the online pet products retailer Chewy, but he sold all of his holdings by late October. 1.6%, 3.0% and 3.1% That’s how much the US economy grew, at annualized seasonally adjusted rates, in each of the three first quarters of this year. Such growth blew past what many pessimists were expecting when inflation was topping 9% in the summer of 2022. The fear was that the medicine prescribed by the Fed to beat high inflation—high interest rates—would create a recession. Households at the lower end of the income spectrum in particular are feeling pain now, as they contend with still-high prices. But the overall economy has remained remarkably resilient. 20.1% This is the vacancy rate for US office buildings—an all-time high—through the first three quarters of 2024, according to data from Moody’s. The fact the rate held steady for most of the year was something of a win for office building owners, given that it had marched up steadily from 16.8% in the fourth quarter of 2019. Demand for office space weakened as the pandemic led to the popularization of remote work. 3.73 million That’s the total number of previously occupied homes sold nationally through the first 11 months of 2024. Sales would have to surge 20% year-over-year in December for 2024’s home sales to match the 4.09 million existing homes sold in 2023, a nearly 30-year low. The US housing market has been in a sales slump dating back to 2022, when mortgage rates began to climb from pandemic-era lows. A shortage of homes for sale and elevated mortgage rates have discouraged many would-be homebuyers.What happens when a president dies?
Liverpool extended their lead at the top of the Premier League table to eight points after a 3-2 win at Southampton. Arne Slot's men had the opportunity to pull further clear of Pep Guardiola's Manchester City and took full advantage despite the home side putting up an almighty fight. Dominik Szoboszlai handed the league leaders the advantage with a left-footed effort from the edge of the penalty area after some poor play by Saints goalkeeper Alex McCarthy. The lead didn't last long as Virgil van Dijk was dispossessed in the middle of the park and Andy Robertson was judged to have fouled Tyler Dibbling inside the 18-yard box. Darwin Nunez must step up for Liverpool in the absence of Diogo Jota. Despite replays appearing to show the contact came outside the area , the decision stood, and Adam Armstrong levelled proceedings. The hosts were in dreamland when Matheus Fernandez picked out the bottom corner to give the Saints the lead. However, Mohamed Salah was on hand - as he always is - to rescue Liverpool with a clever finish and a penalty of his own. One man who never looked likely to find the net in Liverpool's second-half pursuit was Darwin Nunez . The Uruguayan played 90 minutes - only being withdrawn at the start of stoppage time - but the 25-year-old struggled to threaten the Southampton goal, which isn't something that will go unnoticed. Darwin Nunez vs Southampton in Numbers The biggest indicator of how quiet Nunez had been in the opening 45 minutes came when some fans first realised he was on the pitch when he went down inside the box under minimal contact moments after Southampton's equaliser. Until that point, he had been a passenger. Arne Slot looks to play a more controlled style than Jurgen Klopp previously employed at Anfield, but it looks to be taking away from the chaotic nature of Nunez's game. From being a player who was always heavily involved - for better or for worse - the Uruguay international now often looks lost on the pitch. Erling Haaland, Darwin Nunez and Alexander Isak all feature as the 15 best strikers in the Premier League right now are ranked. He only had 25 touches in the game, with two of those being shots. To his credit, Nunez did play one key pass and was inches away from a vital assist after sliding the ball across the face of goal for Luis Diaz . However, his overall play in possession wasn't too strong, as he completed 10 out of his 15 attempted passes. Fans had already been vocal on social media about his lacklustre display during the second-half, with one posting: "This is dire from Nunez. Get Diaz on asap." Nunez was floundering in the centre-forward role, also failing to complete a single dribble or win an aerial duel against the opposing defenders. Liverpool Must Upgrade While Nunez is the club's record transfer and takes home a handsome £140,000 each week , there have been constant doubts surrounding his ability to reach an elite level ever since his arrival in 2022. Klopp fought hard to bring him in from Benfica, but the striker has often been profligate in front of goal and an inconsistent performer. Jurgen Klopp used his growing power at Liverpool to make a signing that many in the club were uncertain about - it's not quite worked out. Slot initially appeared to favour Diogo Jota as his central attacking player at the beginning of the season, but the Portuguese forward's injury issues have once again reared their head. His absence has left only Nunez as an out-and-out centre-forward at Sot's disposal - with Cody Gakpo and Luis Diaz capable of filling in when needed. This is likely to be one of several areas the Dutchman has highlighted for potential improvement in coming transfer windows. It's hard to picture a world in which the Reds make a big-money striker signing in January, but it could definitely be on the cards for the summer window. Not knowing what Nunez will do next, and not being able to rely on Jota's availability could be a source of frustration for Slot if not addressed. Salah, Diaz and Gakpo have been left with the majority of the goalscoring burden from wide areas this season, as Nunez and Jota only have four Premier League goals between them this campaign. Who Liverpool Could Target One man who hasn't been able to stop putting the ball in the back of the net is Sporting CP's impressive talisman, Viktor Gyokeres . The Swede has plundered 24 goals in 19 appearances for his club this term, including a hat-trick against Pep Guardiola's Manchester City. He's likely to be looked at by any top club in the market for an elite marksman. Alternatively, the Reds have been linked with a move for Eintracht Frankfurt forward Omar Marmoush . International teammates with Mohamed Salah for Egypt, the deal could make a lot of sense for a versatile attacker who has exploded into form this campaign. Statistics courtesy of Sofascore and Transfermarkt . Correct as of 24-11-24.A 69-year-old Lithuanian man was forced to undergo an emergency leg amputation during a 20-hour rescue operation in the Tasmanian wilderness. The man, who remains in critical condition, arrived at Tasmania’s Royal Hobart hospital on Sunday. He had been participating in a multi-day rafting trip with a group of tourists on the Franklin River when he slipped on a rock, becoming partially submerged and trapped in a crevice where he remained for nearly 20 hours. Mitch Parkinson, an intensive care flight paramedic who responded to the scene told The Guardian that the predicament was “the most challenging case that I have ever taken part in.” One surf lifesaver described the man as “wedged like an hourglass.” He and other rescuers tried freeing him using ropes and pulleys, eventually deploying airbags and hydraulic tools to try to shift the submerged rocks that were pinning the man. “The focus of the entire evening was ensuring that [amputation] was the absolute last resort,” Parkinson said. Deciding to amputate , he added “was not a discussion or decision that was made lightly.” The trapped man spoke only broken English, but his Lithuanian friends helped to supply him with hot drinks and meals during the rescue. A Lithuanian doctor in the tour group was able to act as a translator. Chuck Woolery, the legendary host of the dating show “Love Connection,” has died at 83. The veteran television personality, who was the original host of “Wheel of Fortune,” died at his home in Texas Saturday after experiencing trouble breathing, TMZ reported . His friend, Mark Young, also confirmed the news, writing on X, “It is with a broken heart that I tell you that my dear brother @chuckwoolery has just passed away. Life will not be the same without him, RIP brother.” In 1983, Woolery kicked off his 11-year stint as the host of the famed dating show, “Love Connection,” where he became known for telling viewers before the commercial break, “We’ll be back in two minutes and two seconds.” Other notable television gigs included hosting the shows “Lingo,” “Greed” and “The Chuck Woolery Show.” The downsides of the gym include the lingering smell, the wait for weights, and the nagging feeling that others might be silently judging your form or how much you’re lifting. Johnson Fitness & Wellness’ Matrix Bundle gives you a full gym experience in the comfort of your own home. 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TikTok is looking to Elon Musk for insight into the controversial app’s future ahead of Donald Trump ’s coming administration. Musk, who is one of the president-elect’s closest confidants, also owns rival platform X. According to the Wall Street Journal , Shou Chew, chief executive of the popular video sharing app, began reaching out to Musk in recent weeks. He and and executives at TikTok’s parent company, Chinese tech giant ByteDance, see the Tesla CEO as a potential point of contact in the White House amid TikTok’s impending ban in the United States due to national security concerns. While sources familiar with the conversations say Chew has not explicitly asked Musk how to keep TikTok operating in the U.S., he has engaged with the billionaire on topics like Trump’s potential tech policy. ByteDance executives are reportedly cautiously optimistic about the conversations. Earlier this year, however, President Joe Biden signed a law banning TikTok if ByteDance doesn’t divest itself of the platform by mid-January. In May, TikTok filed a federal lawsuit arguing the new law violates the free-speech rights of its users. Kansas City Chiefs star quarterback Patrick Mahomes will have to pony up $14,069 after the NFL fined him for unsportsmanlike conduct. According to NBC Sports, the fine stems from a “violent” gesture Mahomes made last Sunday during a touchdown celebration in a game against the Buffalo Bills. The Bills would go on to win the game, ending the Chiefs’ winning streak. A video posted to X by sports reporter Tom Pelissero shows the moment in question. In the clip, Mahomes can be seen making finger guns with both hands and pointing towards the crowd. Mahomes has yet to comment on the fine. Unfortunately for the three-time Super Bowl champion, this isn’t his first fine for conduct on the field. He was previously fined $50,000 for yelling at a game official in 2023 during another game against the Bills. “I had outbursts on the sideline and everybody saw it on a big game, and so there’s going to be consequences to that,” ESPN reports Mahomes said at the time. The NFL fined #Chiefs QB Patrick Mahomes $14,069 for unsportsmanlike conduct (violent gesture) as he celebrated a touchdown pass last week in Buffalo ... pic.twitter.com/dXgnmYJSYp One of the best parts of traveling is all the new and exciting cuisines you can try. But with all the chaos of a new environment, it can be all too easy to miss out on delicious dishes. Eating Europe Food Tours ensures this doesn’t happen with meticulously planned and award-winning tours led by fun, local guides across sixteen different cities including Rome , Lisbon , Paris , and Florence . Its Twilight Trastevere , Undiscovered Lisbon , and Sunset Florence tours are among some of Eating Europe Food Tours best sellers. 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X user @nandiscaya captured the tribute and posted the emotional video to X. In it, a large screen displays Payne’s name along with his birth and death year and a message that reads, “Love you bro.” Fans can be heard screaming as the song “Stardust” begins to play. Malik and his band clear the stage as the tune from his latest album is played and sung aloud by emotional concertgoers. Fans can be heard sobbing and breaking down in the audience. The 31-year-old musician first responded to Payne’s death in an Instagram post last month with a throwback photo of the two sleeping. The remaining four One Direction members paid their respects to Payne on Wednesday at his funeral service in Amersham. His burial came more than a month after he fatally fell from a hotel balcony in Argentina. Zayn Malik's tribute to Liam Payne at the end of his first concert of the tour while playing Stardust I'm shaking and crying pic.twitter.com/ZojybxjGXa President-elect Donald Trump announced Saturday that he has chosen Brooke Rollins to be the latest United States secretary of agriculture. In a statement posted to Truth Social, Trump writes that Rollins previously served on his 2016 Economic Advisory Council and was the director of the Domestic Policy Council during his first term. Rollins, an attorney, got a degree in agricultural development from Texas A&M University and currently runs the America First Policy Institute, a nonprofit aiming to implement Trump’s policies. Also, in his post, Trump says, “Brooke will spearhead the effort to protect American farmers, who are truly the backbone of our country.” In her new role, Rollins will be tasked with running the USDA, a department with 100,000 employees that farmers depend on. In an Instagram post, Rollins thanked Trump for her appointment. “It will be the honor of my life to fight for America’s farmers and our Nation’s agricultural communities,” she wrote. A post shared by Brooke Rollins (@brookelrollins) President-elect Donald Trump ’s attorney general nominee was once accused of stealing a Louisiana family’s dog named Tank. In 2005, Tank’s then owners, Steve and Dorreen Couture, put the Saint Bernard in a Louisiana animal shelter to weather Hurricane Katrina . The pooch, however, made his way to Florida amid the storm’s chaos and was ultimately adopted by Bondi, the Tampa Bay Times reported . Tank was one of thousands of dogs separated from their owners during Katrina. In 2006, Tank’s original owners tracked him down in the the Tampa Bay area, but Bondi reportedly did not want to return the adopted animal. A 16-month legal battle ensued during which the Florida prosecutor claimed Tank had been “ severely neglected ‚” riddled with heartworms, and abused while in the care of the Coutures. The family denied Bondi’s allegations, suing Bondi and demanding she return Tank. The two sides settled privately, with the dog returning to the Coutures’ custody. Despite the Coutures alleging Bondi “stole” their dog, she claimed throughout her successful campaign for Florida attorney general in 2010 that she had received a “tremendous amount of support from people and animal rights activists” over the legal battle. Tennis superstar Novak Djokovic has a new coach who knows his game better than just about anyone else—his longtime rival Andy Murray. The Serbian announced that he was teaming up with his fellow one-time world No. 1 in a Saturday post on X, which featured a brief compilation of the pair’s countless on-court duels set to dramatic music. “We played each other since we were boys, 25 years of being rivals, of pushing each other beyond our limits,” Djokovic said in a voice-over for the video. “We had some of the most epic battles in our sport. They called us game-changers, risk-takers, history-makers. I thought our story may be over. Turns out it has one final chapter. It’s time for one of my toughest opponents to step into my corner.” Murray hung up his racket in August after playing at pro level for 19 years, winning two Olympic championships and three Grand Slams. “He never liked retirement anyway,” Djokovic wrote in the post’s caption in a reference to Murray’s own retirement post . He never liked retirement anyway. 🙌 pic.twitter.com/Ga4UlV2kQW Scouted selects products independently. If you purchase something from our posts, we may earn a small commission. As any true audiophile already knows, Amazon Music Unlimited has long been a reliable destination for an elevated listening experience. With millions of high-quality songs and an unparalleled collection of top ad-free podcasts, the platform’s catalog is curated to capture both your attention and your imagination. Now, Amazon is raising the bar with an exciting update: Audible is officially joining Amazon Music Unlimited, cementing the brand’s status as an all-in-one audio hub . Audible’s industry-leading catalog of audiobooks features an expansive selection of can’t-miss bestsellers, hot-off-the-press exclusives, and timeless classics to immerse yourself in. As an Amazon Music Unlimited subscriber, you’ll be free to select one book each month (of any length) and listen to it directly in the Amazon Music app . 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In an X post , Khalid shared a rainbow emoji and wrote, “There y’all go. next topic please.” The message came after an aspiring singer named Hugo D. Almonte shared a photo of them together and claimed they broke up over a “lie that I broke into his house.” When social media users began to question Almonte’s relationship claims, Khalid came out and confirm that he is gay. However, he made no mention of Almonte or the allegations mentioned in his post. “I am! And that’s okay,” wrote Khalid, who is best-known for collaborations with singer Normani, Benny Blanco and Halsey. In another message, Khalid wrote, “I got outted and the world still continues to turn. Let’s get this straight (lmao) I am not ashamed of my sexuality! In reality it ain’t nobodies business! But I am okay with me 🖤 love yall.” As commentators came to Khalid’s defense and slammed Almonte’s efforts to out him, he added, “aight love y’all thank y’all I’m off this 🤞🏾.” Elon Musk’s former pal, philosopher Sam Harris, claimed the billionaire is in the throes of social media addiction, “snorting ketamine and tweeting at all hours of the day and night,” he added in the Friday episode of his The Bulwark podcast. Harris called Musk’s X behavior “palpably, visibly deranged” and said he signal boosts “lunatics.” Harris explained, “We’re seeing the total derangement of a personality based on social media addiction.” Harris also slammed Musk’s so-called “service to humanity by boosting to 200 million followers obvious lies and conspiracy theories.” In response to Harris, Musk replied to a clip from Harris’ show and said he “is just actually not that smart.” Last week, Musk also called Harris “an utter idiot” and “subtarded” in response to another clip. “I heard the other day I was trending on X because Elon had attacked me,” Harris said. “I’ve been off for two years and the guy still attacks me by name on the platform.” Musk slammed Harris again when he said on Nov. 4 that he would “vote for virtually any other human being over” President-elect Donald Trump. “Sam Harris is, ironically, irrationality personified,” Musk wrote . Sam is subtarded 😂
Yet another stowaway managed to board a major airline’s plane – renewing serious questions and concerns about airport safety during the busiest travel season of the year. This time, a stowaway tried to hitch a ride on Delta Air Lines Flight 487 at Seattle-Tacoma International Airport on Christmas Eve. The unticketed passenger was discovered while the plane was still taxiing out for takeoff to Honolulu, Delta Air Lines told CNN. The Transportation Security Administration and the Port of Seattle confirmed the incident to CNN. The incident came less than a month after another stowaway boarded a Delta airplane Thanksgiving week. That unticketed passenger made it all the way from New York’s John F. Kennedy International Airport to Paris . Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024, in Seattle, Washington. And on Christmas Eve, of a United Airlines plane shortly after it traveled from Chicago’s O’Hare International Airport and landed in Maui. Hiding in a plane’s wheel well is the most common method used by , the Federal Aviation Administration said. Stowaways often get crushed when the landing gear retracts, and oxygen levels plummet as a plane reaches higher altitudes. In the Seattle incident, the stowaway went through a TSA security checkpoint the evening before the flight but wasn’t holding a boarding pass, an airport spokesperson told CNN. The next day, the person “gained access to the loading bridge without a scanned ticket at the gate,” airport media relations manager Perry Cooper said. Once the person was discovered, the Airbus A321neo returned to the gate to remove the unticketed passenger, Delta said. Port of Seattle police officers were dispatched to gate B1 at the airport around 1:05 p.m. for “a report of a suspicious circumstance” on the Delta flight. The person “ran out” of the aircraft before officers arrived, Cooper told CNN Friday. “The aircraft returned to the terminal and the subject departed the aircraft,” the Port of Seattle said. “With the help of video surveillance, POSPD were able to locate the subject in a terminal restroom. The subject was arrested for criminal trespass.” The unticketed passenger didn’t have any prohibited items, the TSA told CNN. “The aircraft was swept by K9 as well as all areas in the terminal accessed by the subject,” the Port of Seattle said. “The aircraft was deplaned and all passengers were escorted by TSA to return to the security checkpoint for rescreening.” CNN has reached out to the Port of Seattle for additional comment. Delta said the flight was delayed by two hours and 15 minutes. After the rescreening, it continued to Honolulu at 3 p.m. “As there are no matters more important than safety and security, Delta people followed procedures to have an unticketed passenger removed from the flight and then apprehended,” the Atlanta-based airline said in a statement. “We apologize to our customers for the delay in their travels and thank them for their patience and cooperation.” TSA said it “takes any incidents that occur at any of our checkpoints nationwide seriously. TSA will independently review the circumstances of this incident at our travel document checker station at Seattle/Tacoma International.” How the person got through airport security is a question many want answered. There are a number of factors at play, according to former commercial airline pilot and aviation analyst, John Nance. “There are multiple causes that come into this, and they probably involve not only a bit of lackadaisical inattention,” Nance told . “It may be training, it may be compliance, but it’s probably all of that.” It’s “embarrassing” for this situation to happen twice to the same airline and TSA, according to former Department of Homeland Security official Keith Jeffries, who was federal security director when he left the DHS in 2022. In his 20 years working with DHS and the TSA, Jeffries said he’s seen these situations multiple times. “It has happened before. It will happen again until they continue to strengthen that vulnerability,” Jeffries said. “The fact that it happened to the same airline, of course, couldn’t be more embarrassing, especially back-to-back, and during the holiday season, when there’s an extra alertness associated with the large holiday season,” Jeffries added. During the holidays, Jeffries explained, there’s typically more staffing at the airports being “extra vigilant.” TSA, airlines and airports have even more people present to ensure things like this don’t fall through the cracks, making these cases “even more concerning,” he said. If there is a “silver lining,” Jeffries said, it’s that Delta did catch the stowaway during the taxi, and they didn’t make it to Hawaii. The stowaway also didn’t have prohibited items when scanned through TSA, which is another plus, he said. “Everybody’s going to have to work together; TSA and the airlines on how they can strengthen both of those vulnerabilities, and in some cases, even work with the airport,” he said. Congress will likely scrutinize these incidents, Nance added. “But there will be no one paying more attention than the airlines themselves,” he said. Elise Mertens, of Belgium, serves against Naomi Osaka, of Japan, at the BNP Paribas Open tennis tournament, on March 11, 2024, in Indian Wells, Calif. (AP Photo/Mark J. Terrill) Fans interfere with a foul ball caught by Los Angeles Dodgers right fielder Mookie Betts during the first inning in Game 4 of the baseball World Series against the New York Yankees, on Oct. 29, 2024, in New York. (AP Photo/Ashley Landis) An adult periodical cicada sheds its nymphal skin on May 11, 2024, in Cincinnati. There are two large compound eyes, which are used to visually perceive the world around them, and three small, jewel-like, simple eyes called ocelli at center. (AP Photo/Carolyn Kaster) Republican presidential candidate former President Donald Trump is surrounded by U.S. Secret Service agents after an assassination attempt at a campaign rally in Butler, Pa., July 13, 2024. (AP Photo/Evan Vucci) Cairo Consort prepares for a race in the paddock at Churchill Downs in Louisville, Ky., before the 150th running of the Kentucky Derby horse race on May 4, 2024. (AP Photo/Brynn Anderson) Republican presidential nominee former President Donald Trump prepares to walk on stage for a campaign rally at Macomb Community College in Warren, Mich., on Nov. 1, 2024. (AP Photo/Julia Demaree Nikhinson) Pope Francis gestures during an annual gathering of pro-family organizations at the Auditorium della Conciliazione, in Rome, on May 10, 2024. (AP Photo/Alessandra Tarantino) A member of the Seattle Mariners tosses a ball against a wall during drills at spring training baseball workouts, on Feb. 15, 2024, in Peoria, Ariz. (AP Photo/Lindsey Wasson) Models wait backstage for a show to start during China Fashion Week in Beijing on March 28, 2024. (AP Photo/Ng Han Guan) Emerald miner Janeth Paez stands inside the tunnel of an informal mine near the town of Coscuez, Colombia, on Feb. 28, 2024. (AP Photo/Fernando Vergara) Assistants react as members of "Castellers de Vilafranca" try to form a "Castell" or human tower, during the 29th Human Tower Competition in Tarragona, Spain, on Oct. 6, 2024. (AP Photo/Emilio Morenatti) Republican presidential candidate former President Donald Trump attends the 2024 Republican National Convention at the Fiserv Forum in Milwaukee, on July 18, 2024. (AP Photo/Carolyn Kaster) With tears streaming down her face, a supporter of Democratic presidential nominee Vice President Kamala Harris applauds as Harris delivers a concession speech on Nov. 6, 2024, after losing the 2024 presidential election, on the campus of Howard University in Washington. (AP Photo/Jacquelyn Martin) Passengers in the back of a taxi film themselves as they leave the Eiffel Tower, decorated with the Olympic rings ahead of the 2024 Summer Olympics, in Paris, on July 17, 2024. (AP Photo/David Goldman) Sara Chen weeps over the grave of her longtime friend, Staff Sgt. Avraham Nerya Cohen, who was killed in action on Oct. 7, 2023, as Israel marks the first anniversary of the Hamas attack on Israel, at the Mount Herzl military cemetery in Jerusalem on Oct. 7, 2024. (AP Photo/Maya Alleruzzo) Paralympic athlete Santos Araujo, of Brazil, celebrates after winning the men's 200 m Freestyle - S2 final, during the 2024 Paralympics in Paris, France, on Sept. 2, 2024. (AP Photo/Emilio Morenatti) Supporters of Republican presidential candidate former President Donald Trump hold signs as Democratic presidential nominee Vice President Kamala Harris passes by on her bus en route to a campaign stop at the Primanti Bros. restaurant in Pittsburgh, on Aug. 18, 2024. (AP Photo/Julia Demaree Nikhinson) Emergency personnel carry a 4-year-old girl who was rescued from her collapsed house after heavy rains in Petropolis, Rio de Janeiro state, Brazil, on March 23, 2024. (AP Photo/Bruna Prado) Midwife Diluwara Begum holds a newborn baby girl after helping deliver her on a boat on the River Brahmaputra, in the northeastern Indian state of Assam, on July 3, 2024. (AP Photo/Anupam Nath) The faithful carry an 18th century wooden statue of Christ before the start of a procession the in Procida Island, Italy, on March 29, 2024. (AP Photo/Alessandra Tarantino) A worker inspects the permanent foundations being constructed on the coral reef for a judging tower to be used during the Olympic Games surf competition in Teahupo'o, Tahiti, French Polynesia, on Jan. 12, 2024. (AP Photo/Daniel Cole) Female Israeli soldiers pose for a photo in southern Israel, on the border of the Gaza Strip, on Feb. 19, 2024. (AP Photo/Tsafrir Abayov) Kansas City Chiefs tight end Travis Kelce kisses Taylor Swift after the NFL Super Bowl 58 football game against the San Francisco 49ers on Feb. 11, 2024, in Las Vegas. The Chiefs won 25-22. (AP Photo/John Locher) Democratic presidential nominee Vice President Kamala Harris looks at a monitor backstage just before taking the stage for her final campaign rally on Nov. 4, 2024, the day before Election Day, in Philadelphia. (AP Photo/Jacquelyn Martin) French sailors on the bridge of the French navy frigate Normandie keep watch during a reconnaissance patrol during NATO exercises in a Norwegian fjord north of the Arctic circle on March 6, 2024. (AP Photo/Thibault Camus) A race fan holds a drink as he walks on the grounds of Churchill Downs in Louisville, Ky., before the 150th running of the Kentucky Oaks horse race on May 3, 2024. (AP Photo/Charlie Riedel) Natasha Ducre surveys the kitchen of her devastated home, which lost most of its roof during the passage of Hurricane Milton, in Palmetto, Fla., on Oct. 10, 2024. (AP Photo/Rebecca Blackwell) People gather at the Republique plaza in Paris after the second round of the legislative election, on July 7, 2024. (AP Photo/Louise Delmotte) Students beat a policeman with sticks during a protest over a controversial quota system for government job applicants in Dhaka, Bangladesh, on July 18, 2024. (AP Photo/Anik Rahman) Revelers lie in a pool of squashed tomatoes during the annual "Tomatina" tomato fight fiesta, in the village of Bunol near Valencia, Spain, on Aug. 28, 2024. (AP Photo/Alberto Saiz) In this photo taken with a long exposure, Israeli shelling hits an area in southern Lebanon, as seen from northern Israel, on Sept. 30, 2024. (AP Photo/Leo Correa) Orthodox nuns wait to take part in a procession marking 250 years since the remains of Saint Dimitrie Bassarabov, patron saint of the Romanian capital, were brought to Romania, in Bucharest, on July 12, 2024. (AP Photo/Vadim Ghirda) Members of the Al-Rabaya family break their fast during the Muslim holy month of Ramadan outside their home, which was destroyed by an Israeli airstrike, in Rafah, Gaza Strip, on March 18, 2024. (AP Photo/Fatima Shbair) An animal runs through grass while fleeing flames as the Park Fire tears through the Cohasset community in Butte County, Calif., on July 25, 2024. (AP Photo/Noah Berger) A gaucho, or South American cowboy, bathes a horse during the Criolla Week rodeo festival, in Montevideo, Uruguay, on March 26, 2024. (AP Photo/Matilde Campodonico) A horse looks out the window from its stable ahead of the 156th running of the Belmont Stakes horse race at Saratoga Race Course, in Saratoga Springs, N.Y., on June 6, 2024. (AP Photo/Julia Demaree Nikhinson) A cat searches for food in a house burnt by rockets fired by Hezbollah in the town of Kiryat Shmona, northern Israel, near the border with Lebanon, on Feb. 29, 2024. (AP Photo/Ariel Schalit) A man transports an electronic voting machine on a pony as election officials walk to a polling booth in a remote mountain area on the eve of the first round of voting in the six-week long national election at Dessa village in Doda district, Jammu and Kashmir, India, April 18, 2024. (AP Photo/Channi Anand) Friends and family fuss over a quinceañera in preparation for her photo session at Colon square in the Zona Colonial neighborhood of Santo Domingo, Dominican Republic, on May 15, 2024. (AP Photo/Matias Delacroix) People take cover next to a public bomb shelter as a siren sounds a warning of incoming rockets fired from Lebanon, in Safed, northern Israel, on Sept. 29, 2024. (AP Photo/Ariel Schalit) Sloane Stephens of the U.S. signs autographs after defeating Daria Kasatkina of Russia in their second round match at the Australian Open tennis championships at Melbourne Park, Melbourne, Australia, on Jan. 18, 2024. (AP Photo/Louise Delmotte) Monuwara Begum and another woman return from a polling station across the Brahmaputra river on the eve of the second phase of India's national election in Sandahkhaiti, a floating island village in the Brahmaputra River in Assam, India, on April 25, 2024. (AP Photo/Anupam Nath) The container ship Dali rests against the wreckage of Baltimore's Francis Scott Key Bridge on the Patapsco River, on March 27, 2024, as seen from Pasadena, Md. (AP Photo/Alex Brandon) A girl waits in the family home of the late Ousmane Sylla, who died by suicide inside one of Italy's migrant detention centers, ahead of his body's arrival in Conakry, Guinea, on April 8, 2024. (AP Photo/Misper Apawu) Members of the Abu Sinjar family mourn their relatives killed in an Israeli bombardment of the Gaza Strip, at their house in Rafah, southern Gaza, on Jan. 5, 2024. (AP Photo/Fatima Shbair) Yulia Navalnaya, center, widow of Alexey Navalny, stands in a queue with other voters at a polling station near the Russian embassy in Berlin on March 17, 2024. (AP Photo/Ebrahim Noroozi) Alicia Keys performs during halftime of the NFL Super Bowl 58 football game between the San Francisco 49ers and the Kansas City Chiefs on Feb. 11, 2024, in Las Vegas. (AP Photo/David J. Phillip) People walk through a part of the Amazon River that shows signs of drought in Santa Sofia, on the outskirts of Leticia, Colombia, on Oct. 20, 2024. (AP Photo/Ivan Valencia) A fisherman casts his fishing line into the Mediterranean Sea from a rocky area along the coastline in Beirut, Lebanon, on July 27, 2024. (AP Photo/Hassan Ammar) People mourn over the flagged-covered coffin of Israeli soldier Sgt. Amitai Alon, killed by a Hezbollah drone attack, during his funeral near Ramot Naftali, Israel, on Oct. 14, 2024. (AP Photo/Leo Correa) Israeli students watch a virtual tour of the concentration and extermination camp Auschwitz-Birkenau at the Testimony House, a Holocaust museum in Nir Galim, Israel, on the eve of Israel's annual Holocaust Remembrance Day, May 5, 2024. (AP Photo/Oded Balilty) Children shake hands before they play a chess game at The Soga Chess Club of the internally displaced persons camp in Kanyaruchinya, Democratic Republic of Congo, on July 29, 2024. (AP Photo/Moses Sawasawa) A young man watches the ball after diving while playing soccer on a dusty field in Abidjan, Ivory Coast, on Feb. 6, 2024. (AP Photo/Themba Hadebe) A voter fills out a ballot during general elections in Nkandla, Kwazulu Natal, South Africa, on May 29, 2024. (AP Photo/Emilio Morenatti) A resident wades through a flooded street following heavy rains from typhoon Toraji in Ilagan City, Isabela province, northern Philippines, on Nov. 12, 2024. (AP Photo/Noel Celis) Erin Young holds her adopted daughter Gianna Young, as she prays the "Patriotic Rosary" for the consecration of the nation and Donald Trump around a bonfire at their home in Sunbury, Ohio, the night before the U.S. election, Monday, Nov. 4, 2024. The conservative Catholic family lives their anti-abortion beliefs through adoption, foster-parenting and raising their children to believe in the sanctity of life. They're also committed to teaching their children about political candidates they see as aligned with their beliefs. (AP Photo/Carolyn Kaster) A mural of former Argentine first lady María Eva Duarte de Perón, better known as Eva Perón, or Evita, depicting her with a saint's halo, adorns a wall inside the Peron Peron restaurant in the San Telmo neighborhood of Buenos Aires, Argentina, Friday, Feb. 9, 2024. (AP Photo/Natacha Pisarenko) In this photo taken with a long exposure, people look at the northern lights, or Aurora Borealis, in the night sky on May 10, 2024, in Estacada, Ore. (AP Photo/Jenny Kane) A girl plays a jump rope game at a school housing residents displaced by gang violence in Port-au-Prince, Haiti, on May 15, 2024. (AP Photo/Ramon Espinosa) People fish next to drainage that flows into the Paraguay River in Asuncion, Paraguay, on Jan. 28, 2024. (AP Photo/Jorge Saenz) A mother coaxes her daughter into trying a spoonful of rice at a school turned into a makeshift shelter for people displaced by gang violence, in Port-au-Prince, Haiti, on May 8, 2024. (AP Photo/Ramon Espinosa) A man sits inside a concrete pipe meant for municipal use after his shelter was swept away by the flooding Bagmati River in Kathmandu, Nepal, on Oct. 1, 2024. (AP Photo/Niranjan Shrestha) People gather in front of destroyed buildings hit by an Israeli airstrike in central Beirut, Lebanon, on Oct. 10, 2024. (AP Photo/Bilal Hussein) A cosplayer dressed as Deadpool attends a Comic-Con convention in Panama City on Sept. 1, 2024. (AP Photo/Matias Delacroix) Athletes compete during the men's 10km marathon swimming competition at the 2024 Summer Olympics in Paris, France, on Aug. 9, 2024. (AP Photo/Vadim Ghirda) A cleric holds up his son as he celebrates Iran's missile strike against Israel during an anti-Israeli protest at Felestin (Palestine) Square in Tehran, Iran, on Oct. 1, 2024. (AP Photo/Vahid Salemi) Kenya Wildlife Service rangers and capture team pull a sedated black rhino from the water in Nairobi National Park, Kenya, on Jan. 16, 2024, as part of a rhino relocation project to move 21 of the critically endangered beasts hundreds of miles to a new home. (AP Photo/Brian Inganga) A pod of Beluga whales swim through the Churchill River near Churchill, Manitoba, Canada, on Aug. 4, 2024. (AP Photo/Joshua A. Bickel) A person carrying a handgun and a sign depicting Republican presidential candidate former President Donald Trump stands outside the Republican National Convention in Milwaukee on July 18, 2024. (AP Photo/Jae C. Hong) Atmaram, who goes by one name and was found living on the street a day earlier, eats breakfast at Saint Hardyal Educational and Orphans Welfare Society, a home for the aged and unwanted, on April 12, 2024, in New Delhi, India. (AP Photo/David Goldman) People help Liudmila, 85, board a bus after their evacuation from Vovchansk, Ukraine, on May 12, 2024. Her husband was killed in their house during a Russian airstrike on the city. (AP Photo/Evgeniy Maloletka) Prisoners reach out from their cell for bread at lunchtime at the Juan de la Vega prison in Emboscada, Paraguay, on July 12, 2024. (AP Photo/Rodrigo Abd) Members of the water safety team move into the impact zone on a jet ski to rescue a surfer under a rainbow during a training day ahead of the 2024 Summer Olympics surfing competition in Teahupo'o, Tahiti, on July 23, 2024. (AP Photo/Gregory Bull) Children play with the ropes of a ship docked on a beach in Parika, Guyana, on June 9, 2024. (AP Photo/Ramon Espinosa) Lava flows from a volcanic eruption that started on the Reykjanes Peninsula in Iceland, Nov. 20, 2024. (AP Photo/Marco di Marco) Muslim pilgrims circumambulate the Kaaba, the cubic building at the Grand Mosque, during the annual Hajj pilgrimage in Mecca, Saudi Arabia, on June 11, 2024. (AP Photo/Rafiq Maqbool) Christophe Chavilinga, 90, suffering from mpox, waits for treatment at a clinic in Munigi, eastern Congo, on Aug. 16, 2024. (AP Photo/Moses Sawasawa) Two men in Russian Cossack uniforms pose for a selfie with the Historical Museum in the background after visiting the mausoleum of the Soviet founder Vladimir Lenin, marking the 154th anniversary of his birth, in Moscow's Red Square, on April 22, 2024. (AP Photo/Alexander Zemlianichenko) A fisherman carries his catch of the day to market in Manta, Ecuador, on Sept. 24, 2024. (AP Photo/Dolores Ochoa) Margarita Salazar, 82, wipes sweat from her forehead in her home during an extreme heat wave in Veracruz, Mexico, on June 16, 2024. (AP Photo/Felix Marquez) People drive along a road littered with fallen power lines after the passing of Hurricane Rafael in San Antonio de los Banos, Cuba, on Nov. 7, 2024. (AP Photo/Ramon Espinosa) Palestinian activist Khairi Hanoon walks with the Palestinian flag on a damaged road following an Israeli army raid in Tulkarem, West Bank, on Sept. 3, 2024. (AP Photo/Majdi Mohammed) A polar bear and a cub search for scraps in a large pile of bowhead whale bones left from the village's subsistence hunting at the end of an unused airstrip near the village of Kaktovik, Alaska, on Oct. 15, 2024. (AP Photo/Lindsey Wasson) Vero Almarche, right, hugs her neighbor Maria Munoz, who was born in the house where they are photographed and which was destroyed by flooding in Masanasa, Valencia, Spain, on Nov. 6, 2024. (AP Photo/Emilio Morenatti) Wearing a device that measures his energy consumption, Israel Amputee Football Team player Ben Maman, left, fights for the ball with a young soccer player from a local team during a practice session in Ramat Gan, Israel, on April 11, 2024. (AP Photo/Leo Correa) An American flag is mounted on a fence at a farm on U.S. Highway 20 during a blizzard near Galva, Iowa, on Jan. 13, 2024. (AP Photo/Carolyn Kaster) Debris is visible through the window of a damaged home following severe storms in Lakeview, Ohio, on March 15, 2024. (AP Photo/Joshua A. Bickel) Jewish ultra-Orthodox men dressed in costumes celebrate the Jewish festival of Purim in Bnei Brak, Israel, on March 24, 2024. The holiday commemorates the Jews' salvation from genocide in ancient Persia, as recounted in the Book of Esther. (AP Photo/Oded Balilty) Druze clergymen attend the funeral of some of the 12 children and teens killed in a rocket strike by the Lebanese militant group Hezbollah at a soccer field at the village of Majdal Shams, in the Israeli-annexed Golan Heights, on July 28, 2024. (AP Photo/Leo Correa) Buildings cover Gardi Sugdub Island, part of San Blas archipelago off Panama's Caribbean coast, on May 25, 2024. Due to rising sea levels, about 300 Guna Indigenous families are relocating to new homes, built by the government, on the mainland. (AP Photo/Matias Delacroix) A supporter of Republican presidential candidate former President Donald Trump waits for the start of his campaign rally in Doral, Fla., on July 9, 2024. (AP Photo/Rebecca Blackwell) Actors make final adjustments to their costumes before the start of Ramleela, a dramatic folk re-enactment of the life of Rama according to the ancient Hindu epic Ramayana, in New Delhi, India, on Oct. 5, 2024. (AP Photo/Manish Swarup) Ama Pipe, from Britain, center, receives the baton from teammate Lina Nielsen in a women's 4 X 400 meters relay heat during the World Athletics Indoor Championships at the Emirates Arena in Glasgow, Scotland, on March 3, 2024. (AP Photo/Bernat Armangue) Ultra-Orthodox Jews look at part of an intercepted ballistic missile that fell in the desert near the city of Arad, Israel, on April 28, 2024. (AP Photo/ Ohad Zwigenberg) First-graders attend the traditional ceremony for the first day of school in Zaporizhzhia, Ukraine, on Sept. 1, 2024. (AP Photo/Evgeniy Maloletka) Receive the latest in local entertainment news in your inbox weekly!FRANKFURT: German President Frank-Walter Steinmeier on Friday ordered parliament dissolved and set new elections for February 23 in the wake of the collapse of Chancellor Olaf Scholz 's coalition, saying it was the only way to give the country a stable government capable of tackling its problems. ET Year-end Special Reads Two sectors that rose on India's business horizon in 2024 2025 outlook: Is it time for cautious optimism or rekindling animal spirits? 2024: Govt moves ahead with simultaneous polls plan; India holds largest democratic exercise Scholz lost a confidence vote on December 16 and leads a minority government after his unpopular and notoriously rancorous three-party coalition collapsed on November 6 when he fired his finance minister in a dispute over how to revitalise Germany 's stagnant economy. Steinmeier said he made the decision because it was clear after consultation with party leaders that there was no agreement among Germany's political parties on a majority for a new government in the current parliament. “It is precisely in difficult times like these that stability requires a government capable of taking action and a reliable majority in parliament,” he said as he made the announcement in Berlin . 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He had 21 days to make that decision. Once parliament is dissolved, the election must be held within 60 days. Leaders of several major parties agreed earlier on the election date of February 23, seven months earlier than originally planned. Steinmeier warned about outside interference in the poll, saying it is “a danger to democracy, whether it is covert, as was evidently the case recently in the Romanian elections, or open and blatant, as is currently being practiced particularly intensively on platform X.” A top Romanian court annulled the first round of the country's presidential election, days after allegations emerged that Russia ran a coordinated online campaign to promote the far-right outsider who won the first round. The campaign is already well underway. Polls show Scholz's party trailing the conservative opposition Union bloc led by Friedrich Merz. Vice Chancellor Robert Habeck of the environmentalist Greens, the remaining partner in Scholz's government, is also bidding for the top job — though his party is further back. If recent polls hold up, the likely next government would be led by Merz as chancellor in coalition with at least one other party. Key issues include immigration, how to get the sluggish economy going, and how best to aid Ukraine in its struggle against Russia. The populist, anti-immigration Alternative for Germany, or AfD, which is polling strongly, has nominated Alice Weidel as its candidate for chancellor but has no chance of taking the job because other parties refuse to work with it. Germany's electoral system traditionally produces coalitions, and polls show no party anywhere near an absolute majority on its own. The election is expected to be followed by weeks of negotiations to form a new government. It's only the fourth time that the Bundestag has been dissolved ahead of schedule under Germany's post-World War II constitution. It happened under Chancellor Willy Brandt in 1972, Helmut Kohl in 1982 and Gerhard Schroeder in 2005. Schroeder used the confidence vote to engineer an early election narrowly won by centre-right challenger Angela Merkel. (You can now subscribe to our Economic Times WhatsApp channel )
Angela Merkel has said she was “tormented” over the result of the Brexit referendum and viewed it as a “humiliation, a disgrace” for the EU that Britain was leaving. In her autobiography, Freedom, due to be published on Tuesday, the former German chancellor says she was dismayed by the notion that she might have done more to help the then British prime minister, David Cameron, who was keen for the UK to stay in the EU, but that ultimately, she concluded, he only had himself to blame. In extracts from the book, Merkel, who left office three years ago, said looking back she recognised that Brexit was on the cards once Cameron proposed in 2005 that Conservative party MEPs should leave the European People’s party, which they subsequently did, over the parliamentary alliance’s backing of the in 2009. The treaty introduced significant changes to the EU that anti-European critics considered undemocratic. In her 700-page memoir, about five pages are dedicated to Brexit and to her role in the pre-referendum negotiations with Cameron in an attempt to help him keep Britain inside the bloc. She also writes about the subsequent exit deal drawn out over several years once Britain had decided to leave, and refers to how deflated she felt over the result. “To me, the result felt like a humiliation, a disgrace for us, the other members of the European Union – the United Kingdom was leaving us in the lurch. This changed the European Union in the view of the world; we were weakened.” Merkel writes about how she had reached out to Cameron as he struggled to try to secure changes over freedom of movement and trade that might have won over Eurosceptics and allowed him to keep the UK in a reformed EU. She says she “tried wherever possible to help David Cameron”, despite risking the ire of other EU leaders who had distanced themselves from him. Referring to various stages in her attempts to help him and ensure he was not isolated, most crucially at a summit of EU leaders in February 2016 during which an agreement was expected to be reached over Britain’s renegotiation demands to stay in the EU, she says: “My support of him rendered me an outsider with my other colleagues ... The impact of the euro crisis was still lingering, and I was also being repeatedly accused of stinginess. “And yet, during the summit, I steadfastly remained by David Cameron’s side for an entire evening. In this way I was able to prevent his complete isolation in the council and eventually move the others to back down. I did this because I knew from various discussions with Cameron that where domestic policy was concerned, he had no room for manoeuvre whatsoever.” But she writes that there came a point when she could no longer help him. The UK she says, had not helped itself by making the mistake of not introducing restrictions on eastern European workers once 10 new countries joined the bloc in May 2004, the then Labour government having grossly underestimated the number of people who would arrive. This gave Eurosceptics the chance to put freedom of movement in a negative light. By contrast, France and Germany introduced a gradual phase-in of eastern Europeans’ rights to work, not giving them full access to their labour markets until 2011. Merkel says she thought Cameron’s pledge in 2005 for the Conservatives to leave the EPP was the initial nail in the coffin of any attempts to keep Britain in the EU. “He therefore, from the very beginning, put himself in the hands of those who were sceptical about the European Union, and was never able to escape this dependency,” she writes. Brexit, she concludes, “demonstrated in textbook fashion the consequences that can arise when there’s a miscalculation from the very start”. Subsequently she was pained by the idea that she might have been able to have done more to keep the UK in the fold, she says. “After the referendum, I was tormented by whether I should have made even more concessions toward the UK to make it possible for them to remain in the community. I came to the conclusion that, in the face of the political developments taking place at the time within the country, there wouldn’t have been any reasonable way of my preventing the UK’s path out of the European Union as an outsider. Even with the best political will, mistakes of the past could not be undone.”Former President Jimmy Carter has died at the age of 100. The 39th president of the United States was a Georgia peanut farmer who sought to restore trust in government when he assumed the presidency in 1977 and then built a reputation for tireless work as a humanitarian. He earned a Nobel Peace Prize in 2002. He died Sunday, more than a year after entering hospice care, at his home in Plains, Georgia. At age 52, Carter was sworn in as president on Jan. 20, 1977, after defeating President Gerald R. Ford in the 1976 general election. Carter left office on Jan. 20, 1981, following his 1980 general election loss to Ronald Reagan. Here's the latest: The longest-lived American president died Sunday, more than a year after entering hospice care , at his home in the small town of Plains, Georgia, where he and his wife, Rosalynn, who died at 96 in November 2023 , spent most of their lives. “Our founder, former U.S. President Jimmy Carter, passed away this afternoon in Plains, Georgia,” The Carter Center said in posting about his death on the social media platform X. It added in a statement that he died peacefully, surrounded by his family. In his 1975 book “Why Not The Best,” Carter said of himself: “I am a Southerner and an American, I am a farmer, an engineer, a father and husband, a Christian, a politician and former governor, a planner, a businessman, a nuclear physicist, a naval officer, a canoeist, and among other things a lover of Bob Dylan’s songs and Dylan Thomas’s poetry.” A moderate Democrat, Carter entered the 1976 presidential race as a little-known Georgia governor with a broad smile, outspoken Baptist mores and technocratic plans reflecting his education as an engineer. After he left office and returned home to his tiny hometown of Plains in southwest Georgia, Carter regularly taught Sunday School lessons at Maranatha Baptist Church until his mobility declined. Those sessions drew visitors from around the world.
Shriram Finance (₹2,898.90) has announced a share split with a ratio of 5:1. So, the adjustment factor will be 5. The split will lead to necessary adjustments in the futures and options (F&O) contracts on this stock on the record date. The company has decided January 10 as the record/effective date. On this day, the stock price and all derivatives contracts on Shriram Finance will be adjusted appropriately. With respect to adjustment in futures contracts, the reference rate of the relevant contract on January 9 will be considered. Reference rate will be the mark-to-market settlement price of the relevant futures contract. So, the open positions shall be carried forward to January 10 at the daily settlement price on January 9 divided by 5, the adjustment factor. Suppose the nearest expiry futures closes at ₹3,000 on January 9, it will be revised to ₹600 (₹3,000 divided by 5). Also, the lot size will be increased five times from current 150 shares to 750 shares per contract. Hence, there won’t be any change in the contract value. Likewise, in options, all the strike prices in the option chain of Shriram Finance will be divided by 5 from January 10. For example, the strike price of 2,500 and 3,000 will be modified to 500 and 600 respectively. That said, the above measures are not likely to impact the overall trend of this stock. So, traders can stick to their views and are only required to note the changes in the contracts that they hold. Comments