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Dana White And UFC Must Step In To Regulate Ilia Topuria SituationDrone operators worry that anxiety over mystery sightings will lead to new restrictionsToothpastes, soaps focus on natural ingredientsTHE NOTION of surveillance cameras hovering over Newcastle Ocean Baths (NOB) and Merewether Ocean Baths (MOB) might send a shiver down the spines of the privacy-obsessed, diehard defenders of the invisible life. Login or signup to continue reading But CCTV at both ocean baths isn't about Big Brother or faceless technocrats sticking their nosey beaks into our seaside sanctuaries. It is about common sense, but it's also a tale of two Hunter councils - Newcastle and Lake Macquarie - and how those councils choose to respond to a few straightforward questions about CCTV. What is at stake here isn't a right to anonymity while baring arms in a public space, but the safety, security, and sanctity of the very places the community holds dear. What happens when a brawl breaks out? Or when a tourist's backpack vanishes with passports and cash? Or when perverts pervert? Or when, as was reported on the social media page of Friends of Newcastle Ocean Baths on December 16, a set of car keys, and subsequently the car they unlocked, were stolen. I asked the City of Newcastle (CN) and Lake Macquarie City Council (LMCC) three questions: (1) how many CCTV cameras have been installed by council and the locations of these cameras; (2) what policy council has regarding the installation and use of CCTV; and, (3) if I may have a copy of that policy? The response from a CN spokesperson was: "All NSW Councils are subject to State Government guidelines regarding CCTV, which states that 'CCTV can be effective in reducing crime if it is part of a broader crime prevention and community safety strategy. CCTV is not recommended as an isolated response to addressing crime in public spaces'." "City of Newcastle notes that while CCTV may assist NSW Police with prosecution, it does not prevent acts of theft or vandalism and its unregulated use at recreational facilities poses issues around privacy and cost. CCTV monitoring and evidence management for police investigations divert resources from core duties and ongoing technological upgrades are required at cost to councils. Therefore, it is not City of Newcastle's intent to install CCTV at either the Newcastle or Merewether Ocean Baths at this stage. Patrons can bring their own locks and use the lockers in the changerooms located at both ocean baths if they are concerned about the safety of their valuables. If you are a victim of crime, please contact CrimeStoppers on 1800 333 000." I still don't know, and neither do you, if CN does, or does not, have CCTV. Perhaps the existing CCTV at Foreshore Park facing the new, under-construction amenities block was disconnected, as it may have been viewed by CN as an isolated response to crime prevention. Lord mayor Ross Kerridge told me he wanted to revisit CN's position on CCTV in the first quarter of 2025 and would seek community engagement around the matter. In contrast to CN's response, a LMCC spokesperson gave me a copy of their CCTV policy, which answered my questions and acknowledged that LMCC has "more than 50 CCTV cameras across the LGA, mostly installed for site security, monitoring of illegal rubbish dumping sites (these are temporary and are moved around as needed) or internally/at entranceways for building and visitor security (such as at our libraries, pools and cultural facilities). Council has CCTV cameras deployed to address antisocial behaviour at four sites across the city, at Charlestown, Toronto and Windale". I'm not advocating the placement of cameras at NOB and MOB on every light post and seagull perch. Recorded footage doesn't need to feed into some shadowy database to be analysed by artificial intelligence for signs of insurrection. Keep it local, keep it simple. Transparency is key; let the community know where the cameras are, what they're for, and how the footage will be used. CCTV is no silver bullet, but a way of saying "we see you," both to those who would do harm and to those who simply want to swim, and breathe the salty air without looking over their shoulders, or being told the only option when a crime occurs is to call CrimeStoppers. CCTV at our ocean baths is not about losing our freedom; it's about protecting it, one frame at a time. DAILY Today's top stories curated by our news team. Also includes evening update. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. 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Regenerative Medicine Market to Skyrocket to USD 73,084.2 Million by 2033 at a 18.5% of CAGR"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" Thanks for your interest in Kalkine Media's content! To continue reading, please log in to your account or create your free account with us.Drone operators worry that anxiety over mystery sightings will lead to new restrictions
OTTAWA - Zayne Parekh lived a strange week earlier this month. The Calgary Flames prospect was crushed after being left off Canada’s list of selection camp hopefuls for the upcoming world junior hockey championship. A chance to pull on the red Maple Leaf was a dream. At age 18, there would still be next year. Not seeing his name alongside the rest of the country’s marquee under-20 talent still stung. Some five days later, however, the defenceman from Nobleton, Ont., selected ninth overall at June’s NHL draft, was making travel plans for the nation’s capital — handed an unexpected lifeline that kept his tournament quest alive. “A lot of motivation came from finding out that I wasn’t on the team,” said Parekh, who replaced the injured Harrison Brunicke last Friday. “A bit devastated because every kid wants to represent their country on the highest stage. “Glad I got a second opportunity.” Oshawa Generals winger Beckett Sennecke, meanwhile, waited until Monday for his tap on the shoulder with Easton Cowan being held out of action this week as a precaution. The No. 3 pick in 2024 wants to do everything he can to ensure it doesn’t get slammed shut a second time. “It’s tough to not see your (name) on there,” said 18-year-old, who like Parekh has another year of world junior eligibility. “Getting the call a couple days later was extremely exciting. “I have certain qualities that they like. I’m trying to display those.” Parekh and Sennecke were last to enter the building. That doesn’t mean they’ll be the first two out. “You’ve got to cut the number off at some point,” said Hockey Canada’s Peter Anholt, who heads the organization’s under-20 program. “They’re here now to show us what they can do and see if they can cut out a niche.” Parehk and Sennecke took part in Thursday’s exhibition game against a team of university all-stars at TD Place that saw Canada register a 5-2 victory. Sennecke picked up two assists. The Canadians face the U Sports squad again Friday before the national program’s brain trust trims its roster. Parekh had an admittedly slow start to his Ontario Hockey League campaign with the Saginaw Spirit after winning last season’s Memorial Cup, going through the draft process and taking part in Calgary’s training camp. “They know I’m capable of playing with the puck,” the six-foot, 180-pound defender with 34 points across 25 games said of Canada’s management group. “You’ve got to step on the ice with a purpose and compete as hard as you can. I’m going to try and leave a good impression on all the staff.” Sennecke is in a similar boat. The six-foot-four, 195-pound forward needs to show he can play a 200-foot game to have a chance of sticking with Canada — a powerhouse aiming to rebound off a disastrous fifth-place finish 12 months ago in Sweden — for the annual showcase set to open Dec. 26 in Ottawa. “Size, speed, direct game, a heavy game,” Sennecke said of his attributes. “Going to continue to do what I do.” The Toronto native has 44 points in 26 contests with Oshawa, including six goals and eight assists in three appearances after initially being told he hadn’t been invited to try out at TD Place. “Hockey gods kind of rewarding me,” he said with a smile. “A couple good games where everything went in.” After bitter disappointment followed by excitement, both Parekh and Sennecke still cling to a world junior dream. “You watch it every Christmas,” Sennecke said. “The staple of a Canadian hockey family.” “It definitely got taken away from me,” Parekh added. “But I’m grateful to be here ... I have a pretty good feeling.” NHL PEDIGREE Canada doesn’t expect any of its three eligible NHLers — Chicago’s Connor Bedard, San Jose’s Macklin Celebrini or Buffalo’s Zach Benson — to be made available for the tournament, but there will still pro experience in the fold. Oshawa centre Calum Ritchie played seven games with Colorado in the fall, while Guelph Storm counterpart Jett Luchanko suited up four times with Philadelphia. Carolina prospect Bradly Nadeau has already been confirmed on Canada’s final roster — he will join up following selection camp — after playing once in the NHL last season before suiting up for the American Hockey League’s Chicago Wolves in 2024-25. SECOND CHANCE Tanner Molendyk made Canada’s roster last year only to break his wrist in pre-tournament play. The Nashville Predators defence prospect is back with unfinished business. “I flew home Christmas Eve and then watched Boxing Day,” said Molendyk, who figures to have a big role this time around. “It was tough, didn’t get the results they wanted. Hopefully this year we can change that around and flip the script.” This report by The Canadian Press was first published Dec. 12, 2024.
The United States on Saturday announced a new $988 million security assistance package for Ukraine as Washington races to provide aid to Kyiv before President-elect Donald Trump takes office. Trump's November election victory has cast doubt on the future of American aid for Ukraine, providing a limited window for billions of dollars in already authorized assistance to be disbursed before he is sworn in next month. The package features drones, ammunition for precision HIMARS rocket launchers, and equipment and spare parts for artillery systems, tanks and armored vehicles, the Pentagon said in a statement. Trump met in Paris earlier Saturday with Ukrainian President Volodymyr Zelensky, who said any resolution of the war with Russia should be a "just" settlement that includes "strong security guarantees for Ukraine." The meeting was of huge importance to Zelensky, given fears in Kyiv that Trump may urge Ukraine to make concessions to Moscow. The latest aid will be funded via the Ukraine Security Assistance Initiative, under which military equipment is procured from the defense industry or partners rather than drawn from American stocks, meaning it will not immediately arrive on the battlefield. It follows a $725 million package announced on Monday that included a second tranche of landmines as well as anti-air and anti-armor weapons. The outgoing administration of President Joe Biden is working to get as much aid as possible to Ukraine before Trump -- who has repeatedly criticized US assistance for Kyiv and claimed he could secure a ceasefire within hours -- takes over. Trump's comments have triggered fears in Kyiv and Europe about the future of US aid, and Ukraine's ability to withstand Russian attacks in the absence of further American support. "Our job has been to try and put Ukraine in the strongest possible position on the battlefield so that it is in the strongest possible position at the negotiating table," National Security Advisor Jake Sullivan said Saturday. In the closing weeks of Biden's term, the goal is "a massive surge of assistance and to up the economic pressure on Russia," he said. US Defense Secretary Lloyd Austin on Saturday warned that failure to continue opposing Russia's actions would have dire consequences. "We can continue to stand up to the Kremlin. Or we can let (Russian President Vladimir) Putin have his way -- and condemn our children and grandchildren to live in a world of chaos and conflict," said Austin, who like Sullivan was speaking at the Reagan National Defense Forum in California. "This administration has made its choice. And so has a bipartisan coalition in Congress. The next administration must make its own choice." The defense chief also emphasized the importance of US allies and partners in his remarks -- a contrast to Trump's go-it-alone "America first" world view. "Here is the stark military fact: our allies and partners are huge force multipliers," Austin said. "Ultimately, America is weaker when it stands alone. And America is smaller when it stands apart," he said. "There is no such thing as a safe retreat from today's interwoven world." The United States has spearheaded the push for international support for Ukraine, quickly forging a coalition to back Kyiv after Russia launched its full-scale invasion in 2022 and coordinating aid from dozens of countries. Ukraine's international supporters have since then provided tens of billions of dollars in weapons, ammunition, training and other security aid that has been key to helping Kyiv resist Russian forces. wd/mlm/acbDrones for commercial and recreational use have grown rapidly in popularity, despite restrictions on who can operate them and where they can be flown. No-fly zones are enforced around airports, military installations, nuclear plants, certain landmarks including the Statue of Liberty, and sports stadiums during games. Not everybody follows the rules. Sightings at airports have shut down flights in a few instances. Reported sightings of what appear to be drones flying over New Jersey at night in recent weeks have created anxiety among some residents, in part because it is not clear who is operating them or why. Some state and local officials have called for stricter rules to govern drones. After receiving reports of drone activity last month near Morris County, New Jersey, the Federal Aviation Administration issued temporary bans on drone flights over a golf course in Bedminster , New Jersey, that is owned by President-elect Donald Trump, and over Picatinny Arsenal Military Base . The FAA says the bans are in response to requests from “federal security partners.” The FAA is responsible for the regulations governing their use , and Congress has written some requirements into law. With a 2018 law, the Preventing Emerging Threats Act, Congress gave certain agencies in the Homeland Security and Justice departments authority to counter threats from unmanned aircraft to protect the safety of certain facilities. New drones must be outfitted with equipment allowing law enforcement to identify the operator, and Congress gave the agencies the power to detect and take down unmanned aircraft that they consider dangerous. The law spells out where the counter-drone measures can be used, including “national special security events” such as presidential inaugurations and other large gatherings of people. To get a “remote pilot certificate,” you must be at least 16 years old, be proficient in English, pass an aeronautics exam, and not suffer from a ”mental condition that would interfere with the safe operation of a small unmanned aircraft system.” Yes, but the FAA imposes restrictions on nighttime operations. Most drones are not allowed to fly at night unless they are equipped with anti-collision lights that are visible for at least 3 miles (4.8 kilometers). Over the past decade, pilots have reported hundreds of close calls between drones and airplanes including airline jets. In some cases, airplane pilots have had to take evasive action to avoid collisions. Drones buzzing over a runway caused flights to be stopped at London’s Gatwick Airport during the Christmas travel rush in 2018 and again in May 2023 . Police dismissed the idea of shooting down the drones, fearing that stray bullets could kill someone. Advances in drone technology have made it harder for law enforcement to find rogue drone operators — bigger drones in particular have more range and power. Some state and local officials in New Jersey are calling for stronger restrictions because of the recent sightings, and that has the drone industry worried. Scott Shtofman, director of government affairs at the Association for Uncrewed Vehicle Systems International, said putting more limits on drones could have a “chilling effect” on “a growing economic engine for the United States.” “We would definitely oppose anything that is blindly pushing for new regulation of what are right now legal drone operations,” he said. AirSight, a company that sells software against “drone threats,” says more than 20 states have enacted laws against privacy invasion by drones, including Peeping Toms. Will Austin, president of Warren County Community College in New Jersey, and founder of its drone program, says it's up to users to reduce public concern about the machines. He said operators must explain why they are flying when confronted by people worried about privacy or safety. “It's a brand new technology that's not really understood real well, so it will raise fear and anxiety in a lot of people,” Austin said. “We want to be good professional aviators and alleviate that.” Associated Press reporter Rebecca Santana in Washington, D.C., contributed.
Throughout the last three months, 39 analysts have evaluated Nike NKE , offering a diverse set of opinions from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 11 7 21 0 0 Last 30D 0 1 0 0 0 1M Ago 6 4 9 0 0 2M Ago 1 0 2 0 0 3M Ago 4 2 10 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $85.72, a high estimate of $110.00, and a low estimate of $70.00. Experiencing a 2.77% decline, the current average is now lower than the previous average price target of $88.16. Deciphering Analyst Ratings: An In-Depth Analysis The perception of Nike by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Jonathan Komp Baird Lowers Outperform $105.00 $110.00 Jim Duffy Stifel Lowers Hold $75.00 $79.00 Joseph Civello Truist Securities Lowers Buy $90.00 $97.00 Jay Sole UBS Lowers Neutral $73.00 $80.00 Adrienne Yih Barclays Lowers Equal-Weight $70.00 $79.00 Ike Boruchow Wells Fargo Lowers Overweight $90.00 $92.00 Alex Straton Morgan Stanley Lowers Equal-Weight $74.00 $80.00 Krisztina Katai Deutsche Bank Raises Buy $84.00 $82.00 Lorraine Hutchinson B of A Securities Lowers Buy $90.00 $95.00 Tom Nikic Needham Maintains Buy $84.00 $84.00 Cristina Fernandez Telsey Advisory Group Lowers Market Perform $80.00 $93.00 Ike Boruchow Wells Fargo Lowers Overweight $92.00 $95.00 Michael Binetti Evercore ISI Group Lowers Outperform $97.00 $105.00 Krisztina Katai Deutsche Bank Lowers Buy $82.00 $92.00 Cristina Fernandez Telsey Advisory Group Lowers Outperform $93.00 $96.00 Alex Straton Morgan Stanley Lowers Equal-Weight $80.00 $82.00 Adrienne Yih Barclays Lowers Equal-Weight $79.00 $81.00 Jay Sole UBS Lowers Neutral $80.00 $82.00 Lorraine Hutchinson B of A Securities Lowers Buy $95.00 $100.00 Matthew Boss JP Morgan Lowers Neutral $73.00 $77.00 Tom Nikic Needham Announces Buy $84.00 - John Kernan TD Cowen Lowers Hold $73.00 $78.00 Piral Dadhania RBC Capital Lowers Sector Perform $80.00 $82.00 Joseph Civello Truist Securities Raises Buy $97.00 $83.00 Adrienne Yih Barclays Lowers Equal-Weight $81.00 $84.00 John Kernan TD Cowen Raises Hold $78.00 $71.00 Robert Drbul Guggenheim Lowers Buy $110.00 $115.00 Krisztina Katai Deutsche Bank Lowers Buy $92.00 $95.00 Matthew Boss JP Morgan Lowers Neutral $77.00 $80.00 Cristina Fernandez Telsey Advisory Group Lowers Outperform $96.00 $100.00 Piral Dadhania RBC Capital Lowers Sector Perform $82.00 $85.00 Michael Binetti Evercore ISI Group Lowers Outperform $105.00 $110.00 Jay Sole UBS Raises Neutral $82.00 $78.00 Joseph Civello Truist Securities Lowers Hold $83.00 $85.00 Lorraine Hutchinson B of A Securities Lowers Buy $100.00 $104.00 Randal Konik Jefferies Raises Hold $85.00 $80.00 Joseph Civello Truist Securities Maintains Hold $85.00 $85.00 Alex Straton Morgan Stanley Raises Equal-Weight $82.00 $79.00 Piral Dadhania RBC Capital Raises Sector Perform $85.00 $75.00 Key Insights: Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Nike. This offers insight into analysts' perspectives on the current state of the company. Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Nike compared to the broader market. Price Targets: Understanding forecasts, analysts offer estimates for Nike's future value. Examining the current and prior targets provides insight into analysts' changing expectations. Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Nike's market standing. Stay informed and make well-considered decisions with our Ratings Table. Stay up to date on Nike analyst ratings. All You Need to Know About Nike Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan (premium athletic footwear and clothing), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon. Nike's Economic Impact: An Analysis Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position. Revenue Growth: Over the 3 months period, Nike showcased positive performance, achieving a revenue growth rate of 6.6% as of 30 November, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector. Net Margin: Nike's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 9.41% net margin, the company effectively manages costs and achieves strong profitability. Return on Equity (ROE): Nike's ROE excels beyond industry benchmarks, reaching 8.31% . This signifies robust financial management and efficient use of shareholder equity capital. Return on Assets (ROA): Nike's ROA stands out, surpassing industry averages. With an impressive ROA of 3.07% , the company demonstrates effective utilization of assets and strong financial performance. Debt Management: With a high debt-to-equity ratio of 0.86 , Nike faces challenges in effectively managing its debt levels, indicating potential financial strain. Analyst Ratings: What Are They? Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter. Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error. Which Stocks Are Analysts Recommending Now? Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market . This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Is Altria Stock a Buy, Sell, or Hold in 2025?The United States on Saturday announced a new $988 million security assistance package for Ukraine as Washington races to provide aid to Kyiv before President-elect Donald Trump takes office. Trump's November election victory has cast doubt on the future of American aid for Ukraine, providing a limited window for billions of dollars in already authorized assistance to be disbursed before he is sworn in next month. The package features drones, ammunition for precision HIMARS rocket launchers, and equipment and spare parts for artillery systems, tanks and armored vehicles, the Pentagon said in a statement. Trump met in Paris earlier Saturday with Ukrainian President Volodymyr Zelensky, who said any resolution of the war with Russia should be a "just" settlement that includes "strong security guarantees for Ukraine." The meeting was of huge importance to Zelensky, given fears in Kyiv that Trump may urge Ukraine to make concessions to Moscow. The latest aid will be funded via the Ukraine Security Assistance Initiative, under which military equipment is procured from the defense industry or partners rather than drawn from American stocks, meaning it will not immediately arrive on the battlefield. It follows a $725 million package announced on Monday that included a second tranche of landmines as well as anti-air and anti-armor weapons. The outgoing administration of President Joe Biden is working to get as much aid as possible to Ukraine before Trump -- who has repeatedly criticized US assistance for Kyiv and claimed he could secure a ceasefire within hours -- takes over. Trump's comments have triggered fears in Kyiv and Europe about the future of US aid, and Ukraine's ability to withstand Russian attacks in the absence of further American support. "Our job has been to try and put Ukraine in the strongest possible position on the battlefield so that it is in the strongest possible position at the negotiating table," National Security Advisor Jake Sullivan said Saturday. In the closing weeks of Biden's term, the goal is "a massive surge of assistance and to up the economic pressure on Russia," he said. US Defense Secretary Lloyd Austin on Saturday warned that failure to continue opposing Russia's actions would have dire consequences. "We can continue to stand up to the Kremlin. Or we can let (Russian President Vladimir) Putin have his way -- and condemn our children and grandchildren to live in a world of chaos and conflict," said Austin, who like Sullivan was speaking at the Reagan National Defense Forum in California. "This administration has made its choice. And so has a bipartisan coalition in Congress. The next administration must make its own choice." The defense chief also emphasized the importance of US allies and partners in his remarks -- a contrast to Trump's go-it-alone "America first" world view. "Here is the stark military fact: our allies and partners are huge force multipliers," Austin said. "Ultimately, America is weaker when it stands alone. And America is smaller when it stands apart," he said. "There is no such thing as a safe retreat from today's interwoven world." The United States has spearheaded the push for international support for Ukraine, quickly forging a coalition to back Kyiv after Russia launched its full-scale invasion in 2022 and coordinating aid from dozens of countries. Ukraine's international supporters have since then provided tens of billions of dollars in weapons, ammunition, training and other security aid that has been key to helping Kyiv resist Russian forces. wd/mlm/acbLast Nov. 25, Warren Buffett announced that he would donate a substantial portion of the shares he owned in Berkshire Hathaway to his four family foundations. In his announcement, he included a letter which contained some important personal finance lessons that we can apply to our own situation. One of my favorites is his comment that hugely wealthy parents should only leave their children enough so they can do anything but not enough that they can do nothing. Despite being one of the richest men in the world, Buffett shared that his children only received $10 million each when his wife died. Although $10 million is a lot of money, it’s less than 1% of his wife’s estate. I am not hugely wealthy, nor do I have $10 million. However, Buffett’s comment about just giving our children enough made me reflect on the importance of also making our children resilient. Many of us want to make sure that our children will be financially secure by the time we pass away. While there is nothing wrong with this, sometimes we go overboard in making sure that this goal is met. For example, sometimes my husband and I are guilty of overindulging our children. Warren Buffett’s comment reminded me that we should also allow our children to go through difficulties so that they will become resilient and learn how to survive comfortably with less. Aside from letting them know that they shouldn’t expect much in terms of inheritance, this could mean limiting their allowance, allowing them to commute to school when there is no car available, and saying “no” to their request to buy nice and expensive things like the latest top of the line gadgets. Another thing that we are guilty of (especially if you are Filipino Chinese like me) is thinking that we need to build a successful business so that our children will eventually have a steady source of income and the bragging rights of being their own boss. Although there is nothing wrong with building a successful business, passing it on to our children should not be a priority. This is because there’s no guarantee that our children will want to run our business. In fact, they might not be equipped to run the business properly. If that is the case, they may end up running our business to the ground. This would put them in a worse position, especially if they were raised to think that they do not have to worry about money because they have a business that will take care of them. Another personal finance lesson Warren Buffett shared is the importance of being grateful and learning to give back. In his comments, Warren Buffett acknowledged the role of luck in making him wealthy—being born in the US as a white male in 1930 and living long enough to enjoy the power compounding. However, he recognized that not everyone is as lucky as he is. Because of this, Buffett and his family are focused on giving back so that others who were given a very short straw at birth would have a better chance at gaining wealth. Learning how to be grateful is very important. We cannot be truly happy unless we are grateful for what we have. In fact, many people who are rich are unhappy because they constantly compare themselves to others who have something that they don’t. Meanwhile, giving back is a natural outcome of being grateful. It is also very fulfilling. For example, in my company COL Financial, we believe that everyone deserves to be rich. This is why we actively educate Filipinos on personal finance and the stock market. Helping Filipinos better manage their hard-earned money is one of the greatest fulfillments of my career as an analyst. In fact, this is one of the reasons why I have stayed as an analyst despite the availability of other higher paying jobs. Finally, Warren Buffett shared the importance of learning how to say no. People who are wealthy will always be approached by friends, family and others seeking help. Although giving back is important, there is a limit as to how much we can give. Because of that, we need to learn how to say no, even if it is difficult or unpleasant. To make it easier for his children to say no, Buffett’s foundations have a “unanimous decision” provision which states that unless all his three children agree, the foundations cannot distribute funds to grant seekers. Although most of us are not as rich as Buffett, we can also benefit from having an accountability partner to help us say no to requests for help. That person can be our spouse, our sibling, or someone who shares our values and understands that while we want to be generous, our resources are limited. Our accountability partner can also help us decide who we should or should not help which is also a difficult task. Warren Buffett ended his letter by saying that his children spend more time directly helping others than he has and are financially comfortable but not preoccupied with wealth. Because of that, his late wife would be proud of them and so is he. Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . As a parent, I’d be happier to have children who grow up to become productive citizens with good values rather than to have children who become very rich but are dishonest and greedy. INQ
Lument Finance Trust, Inc. Declares Quarterly Cash Dividends for its Common and Preferred Stock and Announces Special Cash Dividend Distribution
Southwest Airlines Co. Announcement: Southwest Airlines Co. Investors Are Encouraged to Contact The Rosen Law Firm About Ongoing Investigation of Breaches of Fiduciary Duties by the Directors and Officers – LUVLindsay added five rebounds for the Dukes (6-4). Xavier Brown scored 12 points and added seven assists. AJ Smith went 4 of 6 from the field (2 for 3 from 3-point range) to finish with 10 points, while adding seven rebounds and three steals. The Wolverines (4-5) were led in scoring by Osiris Grady, who finished with 12 points. Tanner Toolson added 10 points and two steals. Hayden Welling had nine points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
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