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I’m A Celeb shock as TWO more celebs get the boot and miss out on a semi-final place

Syracuse media day held at the Ensley Athletic Center, July 16, 2024.LB Anwar Sparrow (12) dennis nett | dnett@syracuse.com Chris Carlson | ccarlson@syracuse.com Syracuse, N.Y. -- Syracuse linebacker Anwar Sparrow said on social media that he has entered his name into the NCAA’s transfer portal, which will allow him to explore playing football at a different school for his final season. Sparrow thanked the SU in his message and said he will “forever cherish the relationships” that he has developed at the school. I am thankful for the opportunity that Syracuse University has given me to allow me to grow as a player and person. I will forever cherish the relationships that I’ve made and the lessons that I have learned. I have officially entered the transfer portal as a Grad Transfer pic.twitter.com/sE8L1C8sG9 More Orange Football After 15-year drought, CBA football sends 3 players to Syracuse. What’s behind the shift? Where are New York’s top high school football players headed to college? Kyle McCord’s victory lap adds salt to Ohio State football’s wound after Michigan loss -- Jimmy Watkins Syracuse football celebrated win over Miami by mocking Cam Ward’s viral touchdown dance For the first time in at least two decades, New York’s best football players are flocking to SyracuseADELAIDE, Australia, and CAMBRIDGE, Mass., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Bionomics Limited (Nasdaq: BNOX) (Bionomics or Company), a clinical-stage biotechnology company developing novel, first-in-class, allosteric ion channel modulators to treat patients suffering from serious central nervous system (CNS) disorders with high unmet medical need, is reminding Shareholders to cast their vote in favor of the Scheme Implementation Agreement to re-domicile Bionomics from Australia to the U.S. “The re-domiciliation of Bionomics through the Scheme is key for our ability to execute our strategic vision and set the Company for success. I’d like to highlight that voting in favor of the Scheme was determined to be in the best interests of Bionomics Shareholders unanimously by the Board of Directors and an independent expert,” said Spyros Papapetropoulos, M.D., Ph.D., President and CEO of Bionomics. “I would like to thank each of the Shareholders that have already cast their vote and encourage those who haven’t yet to do so well in advance of the Proxy cut-off date of 10:00 am New York time on December 3, 2024 for holders of American Depositary Shares and 8:30 am Sydney time on December 10, 2024 for holders of ordinary shares.” Bionomics Shareholders should carefully read the Scheme Booklet in its entirety before deciding on how to vote on the Scheme. The Scheme Meeting will be held at 8:30 am Sydney time on Thursday 12 December 2024 / 4:30 pm New York time on Wednesday 11 December 2024 via Bionomics’ online meeting platform at https://meetnow.global/MCKR7AV . FOR FURTHER INFORMATION PLEASE CONTACT: About Bionomics Limited Bionomics (NASDAQ: BNOX) is a clinical-stage biotechnology company developing novel, potential first-in-class, allosteric ion channel modulators to treat patients suffering from serious central nervous system (CNS) disorders with high unmet medical need. Bionomics is advancing its lead drug candidate, BNC210, an oral, proprietary, selective negative allosteric modulator of the α7 nicotinic acetylcholine receptor, for the acute treatment of social anxiety disorder (SAD) and chronic treatment of post-traumatic stress disorder (PTSD). Beyond BNC210, Bionomics has a strategic partnership with Merck & Co., Inc. (known as MSD outside the United States and Canada) with two drugs in early-stage clinical trials for the treatment of cognitive deficits in Alzheimer’s disease and other CNS conditions. Bionomics’ pipeline also includes preclinical assets that target Kv3.1/3.2 and Nav1.7/1.8 ion channels being developed for CNS conditions of high unmet need. www.bionomics.com.au Forward-Looking Statements Bionomics cautions that statements included in this press release that are not a description of historical facts are forward-looking statements. Words such as “may,” “could,” “will,” “would,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “intend,” “predict,” “seek,” “contemplate,” “potential,” “continue” or “project” or the negative of these terms or other comparable terminology are intended to identify forward-looking statements. The forward-looking statements are based on our current beliefs and expectations and include, but are not limited to: the closing of each tranche of the Company’s private placement financing, the achievement of certain milestones for the various tranches, the timely funding to the Company by each investor in the private placement, the timing, size and expectation of the closing of the private placement; and expectations regarding market conditions, the satisfaction of customary closing conditions related to the private placement and the anticipated use of proceeds therefrom; and the Company’s expectation that its current cash, cash equivalents, and marketable securities will fund our operations into the third quarter of 2025. The inclusion of forward-looking statements should not be regarded as a representation by Bionomics that any of its plans will be achieved. Actual results may differ materially from those set forth in this release due to the risks and uncertainties inherent in the Company’s business and other risks described in the Company’s filings with the Securities and Exchange Commission (SEC), including, but not limited to, the Company’s Annual Report on Form 20-F filed with the SEC, and its other reports. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and Bionomics undertakes no obligation to revise or update this news release to reflect events or circumstances after the date hereof. Further information regarding these and other risks, uncertainties and other factors is included in Bionomics’ filings with the SEC, copies of which are available from the SEC’s website (www.sec.gov) and on Bionomics’ website (www.bionomics.com.au) under the heading “Investor Center.” All forward-looking statements are qualified in their entirety by this cautionary statement. This caution is made under the safe harbor provisions of Section 21E of the Private Securities Litigation Reform Act of 1995. Bionomics expressly disclaims all liability in respect to actions taken or not taken based on any or all the contents of this press release.

More than 10 million people empowered so far through the 34 by 34 initiative ATLANTA , Dec. 5, 2024 /PRNewswire/ -- Cox Enterprises today announced that it has empowered 10.6 million people to live more prosperous lives since 2020, a significant milestone in its 34 by 34 social impact initiative . This achievement represents a wide range of efforts across Cox and its businesses, Cox Communications and Cox Automotive. Cox is committed to solving business problems that also remove obstacles present in communities and society at large, from bridging the digital divide to addressing social equity and environmental sustainability challenges. "Cox is a company of innovators, changemakers and believers of being part of something bigger than ourselves," said Maury Wolfe , vice president of Corporate Responsibility and Social Impact at Cox Enterprises. "To drive our 34 by 34 social impact initiative forward, employees across our businesses have led countless acts of volunteering and community engagement, from cleaning up waterways and building outdoor learning labs to mentoring students. We're humbled to see the ripple effect throughout our communities." 34 by 34 focuses on six key pathways to create positive change: technology access, access to lifelong education, employment skills, social equity, environmental sustainability, and good health. These pathways provide a holistic approach to empowering individuals and communities. Key examples of Cox's business and employee volunteering impact include: Visit Cox34by34.com to see stories of our impact and watch this video to learn more about the 34 by 34 initiative. About Cox Enterprises Cox Enterprises is dedicated to empowering people to build a better future for the next generation. Cox is a leader in the broadband, automotive, and media industries, as well as a leading investment platform with strategic positions in emerging technologies driving the future of agriculture, renewable energy, healthtech, and public sector software. Headquartered in Atlanta, Georgia , Cox is a global company with $23 billion in annual revenues and a proud history spanning more than 125 years. To learn more about Cox and its commitment to its people, planet and communities, visit coxenterprises.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/cox-enterprises-nearing-one-third-of-its-ambitious-goal-to-empower-34-million-people-to-live-more-prosperous-lives-by-2034-302324319.html SOURCE Cox Enterprises

Will the government save in a fuel security emergency? After a long FOI fight, the Federal Government’s plan has been made public, and it’s not comforting, Rex Patrick reports. After a year-long $150K Freedom of Information (FOI) fight to keep secret their plans for dealing with a fuel security emergency, the Australian Government has been forced to come clean and hand them over. Should we be reassured or alarmed? There’s no single fuel emergency scenario. Australian Governments rightly ‘wargame’ all sorts of possibilities to see how they, the Australian economy and people might cope with a major disruption of liquid fuel supplies. Australia still predominantly runs on petroleum products, without which our nation would come to a crashing halt. If the pipeline between the Gore Bay Marine Terminal, west of the Sydney Harbour Bridge, and the storage tanks at Clyde near Parramatta that feed the nearby road tanker loading facilities were to fail, there would be fuel disruption across the greater Sydney metropolitan area and the State. This would be an emergency that would engage the NSW Minister for Energy, who has extensive powers under the Energy and Utilities Administrative Act (NSW), and the NSW Department of Planning and Environment, keepers of the Petroleum Supply Disruption Response Plan. The Commonwealth Government might keep a watching brief on the State’s response, and offer assistance where required, but would not formally get involved. Each State and Territory has their own fuel security legislation and response plans. Only if there was a pending or actual nationwide shortage would the Federal Government step up and take charge. A range of scenarios exist, mostly external, that could cause a national issue. A scenario in the 2019 Fuel Security emergency report the Government wanted kept from us gave a plausible scenario: a developing conflict in the Middle East where ships were being attacked in the Straits of Hormuz – at the end of an intense Australian bushfire season at which domestic fuel stocks were depleted. A read of the 82-page ‘ National Liquid Fuel Emergency Response Plan ’, which is now finally public, tells the planned response story. At the outset of a crisis, the public would start to hear of an unfamiliar new acronym – NOSEC. The National Oil Supplies Emergency Committee , chaired by the Commonwealth but including State government officials and large fuel suppliers such as Ampol, BP, Viva (formerly Shell) and ExxonMobil, would meet up and make an initial assessment of the situation. The response may start off in a light-handed manner. Officials and their political masters would likely seek information on the supply situation and try to avoid startling the horses. Let’s not start a panic would be the mantra. Rising prices caused by reduced supply will cause a market response whereby less fuel is used. The Government estimates this may cause a 4-6% reduction in consumption. The Government may also start eco-driving (website information on reducing fuel usage), car-pooling and public transport campaigns. The ACCC may authorise fuel companies to co-ordinate activities and to give priority to certain customers (normally a breach of the Trade Practices Act, until an emergency has been declared). They would also commence intense monitoring of retail fuel prices against international prices to discourage and, if necessary, prevent price gouging. Whilst the Government’s preference would be to let industry respond, it may eventually be necessary to invoke powers under the Commonwealth’s Liquid Fuel Emergency ( LFE ) Act. Quiet preparation will take place to do this. Consultation with stakeholders will occur. It may be that the states, coordinated through NOSEC to ensure an integrated approach, invoke their own fuel emergency powers first. The Federal government will watch to see how light-handed market measures and any state responses are working and how the international circumstances that caused the supply issues are playing out. Oficials will advise and prepare for LFE implementation, allocating and placing resources on standby while preparing necessary legal documents and media releases. State ministers must be consulted (a legal requirement under the LFE Act) before a fuel emergency can be declared. If Australia experienced a decline in fuel supplies of more than 7 per cent and this decline was not global (e.g. a significant natural disaster), Australia may also consider the merit of drawing on its rights as a member of the International Energy Agency (IEA) to seek additional petroleum supplies from other IEA member countries, if available and feasible. Once an emergency is declared and announced through the media, other measures may kick in. The LFE Act overrides any State measures in play to the extent that they are inconsistent with national measures. The LFE Act allows the government to direct fuel refinery products and quantity outputs. That may have only limited effect as we have only two refineries now. All participants in the fuel supply chain may have minimum stock requirements placed on them and be required to provide the government with near-real-time fuel stock data. This would be used to prevent excessive drawdowns. A temporary reduction in fuel standards to assist with supply may also be considered. Fuel distribution would be controlled by the Federal Government to ensure even distribution and to direct fuels to certain priority customers. It would likely invoke fuel rationing, e.g. $40 of fuel per customer per day, or odd licence plates one day, evens the next. This would involve an associated media campaign to ensure consumers understood the rules, as per example below. If the situation worsens, fuels could be directed to particular users: Defence, ships, transport vehicles, police/ambulance/fire, corrective services, public transport, state emergency services and health. The government co-ordination requirements would be considerable: intra-government (Attorney Generals, ACCC, Agriculture and Water, Communications, Industry, jobs and small business, Defence, Home Affairs, Social Security, DFAT, PM&C, Treasury and Finance), inter-government and with industry. Media will be engaged to announce the declaration and to keep the nation informed of measures. The Government has a plan in place. It’s now public, which means it’s available to the media in the event of a looming crisis (to assist in informing the public), and for others to scrutinise. The response to a fuel security emergency requires advanced planning and coordination. The Government has good planning documentation in place. But the release of the documents, including a 2019 fuel emergency exercise report, reveals some concerning issues that the Government does not seem to have got on top of. In a 2019 exercise report, it was revealed that it might take 21 days to declare an emergency. That concern has to be understood in the context of typical in-country diesel supplies of 24 to 26 days. It’s not clear how the government estimated that period, but it’s hugely problematic. It may be an accumulation of the need to approach a crisis in an iterative manner, determined by legislative requirements, the number of Federal agencies involved, the number of stakeholders beyond the Federal government, a lack of clear understanding of the roles and responsibilities of the various players, the lack of clear guidance on the order things ought to be done and a lack of clear thresholds for steps to be taken. In April 2019, the Morrison Government announced a review of the LFE Act to address the issues with the LFE Act. However, the review of the LFE Act did not proceed beyond scoping and planning because it was overtaken by events, mainly the COVID-19 pandemic. Nothing seems to have happened under the Albanese government. It’s quite focussed on AUKUS, it would seem. One must presume this 21-day implementation timeframe still exists and that’s a big vulnerability while our national fuel stocks remain so low. Another deficiency in planning is the presumption that Australians will act rationally if a fuel emergency commences. COVID toilet paper hoarding showed us that citizens acting rationally is not to a given. If diesel were to run out, food would quickly run out. We have just over a week of dry goods consumption available at our supermarkets and about a week for chilled and frozen foods. Pharmacies will start running out of medicine in about a week. The thought of not having food in cupboards and fridges or prescription medicines would likely exercise people’s minds a lot more than not having toilet paper. Fuel security is an important national security issue. The most recent forced release of information under our FOI laws shows that on top of the limited supplies we have in-country at any time, we’re likely to have a three-week delay before full response measures can be put in place. But by that time, the bulk of our national buffer may already be depleted. Things could turn ugly fast and rapidly move beyond the scenarios the Federal and State governments have war-gamed. But it’s not obvious anyone cares. It’s not just a muck-up; it’s an inexcusable national security failure for which we could all pay a heavy price in troubled and uncertain times.

Analysts have updated coverage and raised price targets on Robinhood Markets, Inc. HOOD after the company hosted its first investor day on Wednesday and showed significant growth across customers, assets under custody and trading volumes. Expert Ideas: Goldman Sachs analyst James Yaro assumed coverage of Robinhood Markets on Thursday and upgraded the stock from Neutral to Buy with a $46 price target. The analyst highlighted the firm's growth as driven by continued wallet share gains among active traders and sees a long-term opportunity for Robinhood to expand into other areas, including wealth management and international markets. Read Next: Friday’s Top 5 Trending Stocks: What’s Going On With SoundHound AI, GameStop, Lululemon? "HOOD has successfully migrated from a fast growing, periodically profitable online broker servicing mostly younger investors, to a best-in-class top and bottom-line asset under custody compounder with a growing total addressable market," Yaro wrote. Robinhood's average revenue per user (ARPU) has more than doubled over the past two years and Yaro sees the firm's ARPU rising another 19% through 2026, driven mainly from transaction revenue growth. The Goldman Sachs analyst also sees further growth of assets under custody (AUC), driven by Robinhood's low brokerage market share at present and its expanding wallet share among active traders. Yaro highlighted the "best-in-class customer value" provided through the company's HOOD Gold offering, as well as new products for active traders including index options, futures, crypto offerings and prediction markets. Piper Sandler analyst Patrick Moley also weighed in on the potential for Robinhood to grow its assets under custody. In a Thursday note, Moley pointed to Robinhood's younger demographic, with 75% of its customers under age 43 combined with an ongoing generational wealth transfer of approximately $85 trillion, providing fuel for significant AUC and revenue growth. Piper Sandler maintained its Overweight rating on Robinhood shares and raised its price target from $42 to $54. HOOD Price Action: According to data from Benzinga Pro, Robinhood Markets shares ended Friday's session 7.07% higher at $41.67. Read Next: UnitedHealthcare CEO Brian Thompson Fatally Shot Outside NYC Hotel Image: Shutterstock © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Miami's Cavinder twins join Caitlin Clark on Forbes 30 Under 30 list. Here’s who else made list

ATLANTA (AP) — Already reeling from their November defeats, Democrats now are grappling with President Joe Biden’s pardoning of his son for federal crimes, with some calling the move misguided and unwise after the party spent years slamming Donald Trump as a threat to democracy who disregarded the law. The president pardoned Hunter Biden late Sunday evening, reversing his previous pledges with a grant of clemency that covers more than a decade of any federal crimes his son might have committed. The 82-year-old president said in a statement that his son’s prosecution on charges of tax evasion and falsifying a federal weapons purchase form were politically motivated. “He believes in the justice system, but he also believes that politics infected the process and led to a miscarriage of justice,” said White House press secretary Karine Jean-Pierre, who along with Biden and other White House officials insisted for months that Hunter Biden would not get a pardon. That explanation did not satisfy some Democrats, angry that Biden’s reversal could make it harder to take on Trump , who has argued that multiple indictments and one conviction against him were a matter of Biden and Democrats turning the justice system against him. “This is a bad precedent that could be abused by later Presidents and will sadly tarnish his reputation,” Colorado Gov. Jared Polis wrote of Biden on the social media platform X. “When you become President, your role is Pater familias of the nation,” the governor continued, a reference to the president invoking fatherhood in explaining his decision. “Hunter brought the legal trouble he faced on himself, and one can sympathize with his struggles while also acknowledging that no one is above the law, not a President and not a President’s son.” Rep. Greg Stanton, D-Ariz., said on X: “This wasn’t a politically motivated prosecution. Hunter committed felonies and was convicted by a jury of his peers.” Colorado Sen. Michael Bennet said Biden “put personal interest ahead of duty” with a decision that “further erodes Americans’ faith that the justice system is fair and equal for all.” Sen. Peter Welch, D-Vt., called the pardon “understandable” if viewed only as the “action of a loving father.” But Biden's status as “our nation's Chief Executive," the senator said, rendered the move “unwise.” Certainly, the president has Democratic defenders who note Trump’s use of presidential power to pardon a slew of his convicted aides, associates and friends, several for activities tied to Trump’s campaign and first administration. “Trump pardoned Roger Stone, Steve Bannon, Michael Flynn and Paul Manafort, as well as his son-in-law’s father, Charles Kushner — who he just appointed US ambassador to France,” wrote prominent Democratic fundraiser Jon Cooper on X. Democratic National Committee Chairman Jaime Harrison said there “is no standard for Donald Trump, and the highest standard for Democrats and Joe Biden.” Harrison pointed to Trump's apparent plans to oust FBI Director Christopher Wray and replace him with loyalist Kash Patel and suggested the GOP's pursuit of Hunter Biden would not have ended without clemency. “Most people will see that Joe Biden did what was right,” Harrison said. First lady Jill Biden said Monday from the White House: “Of course I support the pardon of my son.” Democrats already are facing the prospects of a Republican trifecta in Washington, with voters returning Trump to the White House and giving the GOP control of the House and Senate. Part of their argument against Trump and Republican leaders is expected to be that the president-elect is violating norms with his talk of taking retribution against his enemies. Before beating Vice President Kamala Harris, Trump faced his own legal troubles, including two cases that stemmed from his efforts to overturn his defeat to Joe Biden in the 2020 presidential election. Those cases, including Trump’s sentencing after being convicted on New York state business fraud charges, have either been dismissed or indefinitely delayed since Trump’s victory on Nov. 5, forcing Democrats to recalibrate their approach to the president-elect. In June, President Biden firmly ruled out a pardon or commutation for his son, telling reporters as his son faced trial in the Delaware gun case, “I abide by the jury decision. I will do that and I will not pardon him.” As recently as Nov. 8, days after Trump’s victory, Jean-Pierre ruled out a pardon or clemency for the younger Biden, saying, “We’ve been asked that question multiple times. Our answer stands, which is no.” The president’s about-face came weeks before Hunter Biden was set to receive his punishment after his trial conviction in the gun case and guilty plea on tax charges. It capped a long-running legal saga for the younger Biden, who disclosed he was under federal investigation in December 2020 — a month after his father’s 2020 victory. The sweeping pardon covers not just the gun and tax offenses against the younger Biden, but also any other “offenses against the United States which he has committed or may have committed or taken part in during the period from January 1, 2014, through December 1, 2024.” Hunter Biden was convicted in June in Delaware federal court of three felonies for purchasing a gun in 2018 when , prosecutors said, he lied on a federal form by claiming he was not illegally using or addicted to drugs. He had been set to stand trial in September in a California case accusing him of failing to pay at least $1.4 million in taxes. But he agreed to plead guilty to misdemeanor and felony charges in a surprise move hours after jury selection was set to begin. In his statement Sunday, the president argued that such offenses typically are not prosecuted with the same vigor as was directed against Hunter Biden. “The charges in his cases came about only after several of my political opponents in Congress instigated them to attack me and oppose my election,” Biden said in his statement. “No reasonable person who looks at the facts of Hunter’s cases can reach any other conclusion than Hunter was singled out only because he is my son. ... I hope Americans will understand why a father and a President would come to this decision.” Associated Press journalists Will Weissert aboard Air Force One and Darlene Superville, Mary Claire Jalonick and Michael Tackett in Washington contributed to this report.TAMPA, Fla.--(BUSINESS WIRE)--Dec 5, 2024-- Concurrent Investment Advisors, LLC (“Concurrent”), a leading multi-custodial, hybrid registered investment adviser (“RIA”), reaches $9.7 billion in assets under management with the addition of six new advisors and additional support staff. Lora Hoff, Carl Lambert and Lindsay Lambert join existing Concurrent teams, Jason Hudson joins under his own brand, Hudson Wealth Management, while the remaining four advisors join as one team under Canopy Asset Management (“Canopy”). The new partnerships bring the firm a collective $885 million in assets under management. Canopy aligns with Concurrent to support its ongoing growth goals. It seeks to add assets and staff, as well as additional resources and solutions for clients, including improving reporting and portfolio management and building a legacy firm. The team of four, Tye Pipkin, Ken Pipkin, Jennifer Fussell, and Kristen Moore, will tap into Concurrent’s in-depth back-office support to reinforce the firm’s infrastructure and will continue operating under the current company name from their office in St. Simons Island, Georgia. Lora Hoff and Carl and Lindsay Lambert join Wealth Partners Alliance ("WPA") , an established part of the Concurrent network, which manages over $1.5 billion AUM. Hoff brings over 25 years of experience in financial planning and wealth management and will continue to serve her business-owner clients with enhanced services out of WPA’s Dallas office. Concurrent provides Hoff access to top-tier technology and promotes her firm’s continued growth through increased operational capabilities. The Lambert team will be based out of WPA’s Houston office, offering corporate retirement planning and wealth planning for individuals and employees. Concurrent’s advanced technology infrastructure will allow the team to serve clients with innovation and flexibility. The partnership presents business growth resources while allowing the Lambert team to maintain autonomy in their business. Jason Hudson has been helping clients plan for retirement for almost a decade. He is launching his firm Hudson Wealth Management and tapping Concurrent for its evolving technology and operational support, which will help enhance client relationships by offering personalized attention and improved services. “Our mission is to equip advisors with the resources they need for success. We are eager to see Jason, Lora, Carl, Lindsay, and the Canopy team grow as they elevate client engagement and satisfaction,” said Concurrent CEO and co-founder Nate Lenz. “We recognize that advisors have a choice, and we strive to be a destination firm for advisors who seek independence and support in their entrepreneurial endeavors. It’s an honor when advisors choose to align with us, and we are committed to maintaining the trust they place in us.” About Concurrent Concurrent is a multi-custodial, hybrid registered investment adviser (RIA) created to give independent advisors all the resources they need to grow their businesses and adapt to the evolving financial needs of their clients. Headquartered in Tampa, Florida, Concurrent was established in 2017 by former advisors, business owners and industry leaders to cultivate a national network of independent providers of unbiased, fiduciary advice. Through a partnership with Merchant , Concurrent offers its advisors strategic resources, full operational support, and opportunities to align through shared equity and mutual success. Independence and collaboration are central to Concurrent’s ethos, as advisors maintain their autonomy and unique value while sharing best practices and best-in-breed technology to grow as entrepreneurs. To learn more about Concurrent, visit www.poweredbyconcurrent.com . View source version on businesswire.com : https://www.businesswire.com/news/home/20241205917211/en/ CONTACT: Media Contact Monica Estrada Gregory FCA for Concurrent concurrent@gregoryfca.com 267-503-4770 KEYWORD: FLORIDA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: FINANCE CONSULTING BANKING PROFESSIONAL SERVICES ASSET MANAGEMENT SOURCE: Concurrent Investment Advisors, LLC Copyright Business Wire 2024. PUB: 12/05/2024 03:39 PM/DISC: 12/05/2024 03:37 PM http://www.businesswire.com/news/home/20241205917211/en

Three long days of counting in the General Election finished late on Monday night when the final two seats were declared in the constituency of Cavan-Monaghan. Fianna Fail was the clear winner of the election, securing 48 of the Dail parliament’s 174 seats. Sinn Fein took 39 and Fine Gael 38. Labour and the Social Democrats both won 11 seats; People Before Profit-Solidarity took three; Aontu secured two; and the Green Party retained only one of its 12 seats. Independents and others accounted for 21 seats. The return of a Fianna Fail/Fine Gael-led coalition is now highly likely. However, their combined seat total of 86 leaves them just short of the 88 needed for a majority in the Dail. While the two centrist parties that have dominated Irish politics for a century could look to strike a deal with one of the Dail’s smaller centre-left parties, such as the Social Democrats or Labour, a more straightforward route to a majority could be achieved by securing the support of several independent TDs. For Fianna Fail leader Micheal Martin and current taoiseach and Fine Gael leader Simon Harris, wooing like-minded independents would be likely to involve fewer policy concessions, and financial commitments, than would be required to convince another party to join the government benches. Longford-Westmeath independent TD Kevin “Boxer” Moran, who served in a Fine Gael-led minority government between 2017 and 2020, expressed his willingness to listen to offers to join the new coalition in Dublin. “Look, my door’s open,” he told RTE. “Someone knocks, I’m always there to open it.” Marian Harkin, an independent TD for Sligo-Leitrim, expressed her desire to participate in government as she noted that Fianna Fail and Fine Gael were within “shouting distance” of an overall majority. “That means they will be looking for support, and I certainly will be one of those people who will be speaking to them and talking to them and negotiating with them, and I’m looking forward to doing that, because that was the reason that I ran in the first place,” she said. Meanwhile, the Social Democrats and Irish Labour Party both appear cautious about the prospect of an alliance with Fianna Fail and Fine Gael. They will no doubt be mindful of the experience of the Green Party, the junior partner in the last mandate. The Greens experienced near wipeout in the election, retaining only one of their 12 seats. Sinn Fein appears to currently have no realistic route to government, given Fianna Fail and Fine Gael’s ongoing refusal to share power with the party. Despite the odds being stacked against her party, Sinn Fein president Mary Lou McDonald contacted the leaders of the Social Democrats and Labour on Monday to discuss options. Earlier, Fianna Fail deputy leader and outgoing Finance Minister Jack Chambers predicted that a new coalition government would not be in place before Christmas. Mr Chambers said planned talks about forming an administration required “time and space” to ensure that any new government will be “coherent and stable”. After an inconclusive outcome to the 2020 election, it took five months for Fianna Fail, Fine Gael and the Greens to strike the last coalition deal. Mr Chambers said he did not believe it would take that long this time, as he noted the Covid-19 pandemic was a factor in 2020, but he also made clear it would not be a swift process. He said he agreed with analysis that there was no prospect of a deal before Christmas. “I don’t expect a government to be formed in mid-December, when the Dail is due to meet on December 18, probably a Ceann Comhairle (speaker) can be elected, and there’ll have to be time and space taken to make sure we can form a coherent, stable government,” he told RTE. “I don’t think it should take five months like it did the last time – Covid obviously complicated that. But I think all political parties need to take the time to see what’s possible and try and form a stable government for the Irish people.” Fine Gael minister of state Peter Burke said members of his parliamentary party would have to meet to consider their options before giving Mr Harris a mandate to negotiate a new programme for government with Fianna Fail. “It’s important that we have a strong, stable, viable government, whatever form that may be, to ensure that we can meet the challenges of our society, meet the challenges in terms of the economic changes that are potentially going to happen,” he told RTE. Despite being set to emerge with the most seats, it has not been all good news for Fianna Fail. The party’s outgoing Health Minister Stephen Donnelly became one of the biggest casualties of the election when he lost his seat in Wicklow in the early hours of Monday morning. Mr Donnelly was always predicted to face a fight in the constituency after boundary changes saw it reduced from five to four seats. If it is to be a reprise of the Fianna Fail/Fine Gael governing partnership of the last mandate, one of the major questions is around the position of taoiseach and whether the parties will once again take turns to hold the Irish premiership during the lifetime of the new government. The outcome in 2020 saw the parties enter a coalition on the basis that the holder of the premier position would be exchanged midway through the term. Fianna Fail leader Mr Martin took the role for the first half of the mandate, with Leo Varadkar taking over in December 2022. Current Fine Gael leader Mr Harris succeeded Mr Varadkar as taoiseach when he resigned from the role earlier this year. However, this time Fianna Fail has significantly increased its seat lead over Fine Gael, compared with the last election when there were only three seats between the parties. The size of the disparity in party numbers is likely to draw focus on the rotating taoiseach arrangement, raising questions as to whether it will be re-run in the next coalition and, if it is, on what terms. On Sunday, Simon Coveney, a former deputy leader of Fine Gael, said a coalition that did not repeat the rotating taoiseach arrangement in some fashion would be a “difficult proposition” for his party. Meanwhile, Fine Gael minister Paschal Donohoe said he would be making the case for Mr Harris to have another opportunity to serve as taoiseach. On Monday, Mr Chambers said while his party would expect to lead the government it would approach the issue of rotating the taoiseach’s role on the basis of “mutual respect” with Fine Gael. “I think the context of discussions and negotiations will be driven by mutual respect, and that’s the glue that will drive a programme for government and that’s the context in which we’ll engage,” he said. On Monday, Labour leader Ivana Bacik reiterated her party’s determination to forge an alliance with fellow centre-left parties with the intention of having a unified approach to the prospect of entering government. Asked if Labour was prepared to go into government with Fianna Fail and Fine Gael on its own, she told RTE: “No, not at this stage. We are absolutely not willing to do that. “We want to ensure there’s the largest number of TDs who share our vision and our values who want to deliver change on the same basis that we do.” The Social Democrats have been non-committal about any potential arrangement with Fianna Fail and Fine Gael, and have restated a series of red lines they would need to achieve before considering taking a place in government. Leader Holly Cairns, who gave birth to a daughter on polling day on Friday, said in a statement: “The party is in a very strong position to play an important role in the next Dail. In what position, government or opposition, remains to be seen.” Fianna Fail secured the most first preference votes in Friday’s proportional representation election, taking 21.9% to Fine Gael’s 20.8%. Sinn Fein came in third on 19%. While Sinn Fein’s vote share represented a marked improvement on its disappointing showing in June’s local elections in Ireland, it is still significantly down on the 24.5% poll-topping share it secured in the 2020 general election. The final breakdown of first preferences also flipped the result of Friday night’s exit poll, which suggested Sinn Fein was in front on 21.1%, with Fine Gael on 21% and Fianna Fail on 19.5%.

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