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2025-01-12 2025 European Cup 50 jilibonus News
Authored by Tom Ozimek via The Epoch Times, Treasury Secretary Janet Yellen has warned that the United States will hit its statutory debt ceiling around the middle of January, a development she said will prompt the Treasury to resort to “extraordinary measures” to prevent the government from defaulting on its obligations. Yellen outlined the looming fiscal challenge in a Dec. 27 letter to congressional leaders, urging them to act to protect the nation’s economic credibility and preserve fiscal stability. She noted that the Fiscal Responsibility Act of 2023 temporarily suspended the debt ceiling through Jan. 1, 2025, enabling lawmakers to avert default during contentious budget negotiations. A day after that deadline—on Jan. 2—a new debt limit will be set based on the total amount of outstanding debt subject to the statutory limit as of the end of Jan. 1. Yellen noted that the debt is projected to temporarily decrease by $54 billion on that date due to scheduled Medicare trust fund redemptions, providing a brief reprieve before extraordinary measures become necessary. “Treasury currently expects to reach the new limit between January 14 and January 23, at which time it will be necessary for Treasury to start taking extraordinary measures.” Yellen wrote. Extraordinary measures, often described as accounting maneuvers, allow the Treasury to free up cash and delay default. These measures, however, are a short-term solution. Once exhausted, they leave the government unable to meet its financial obligations without congressional intervention. Yellen emphasized the urgency of action, warning that a failure to address the debt ceiling would severely damage the nation’s economic credibility. “I respectfully urge Congress to act to protect the full faith and credit of the United States,” she wrote. Yellen’s warning comes as the national debt has climbed to a staggering $36 trillion, driven by decades of government spending outpacing tax revenue under both Republican and Democratic administrations. High inflation that soared after the pandemic led the Federal Reserve to hike interest rates, increasing borrowing costs and debt service payments. The Committee for a Responsible Federal Budget (CRFB) recently noted that interest payments on America’s public debt have nearly tripled since 2020 and in 2024 were higher than spending on Medicare and national defense. The nonprofit estimated that interest payments will continue climbing over the next decade and beyond, exceeding Social Security spending by 2051 to become the top expense. “The alarm bells are clearly ringing when it comes to our unsustainable national debt,” CRFB analysts wrote in the note. “Policymakers should put in place reforms that reduce the growth of debt and stabilize it as a share of the economy before interest and debt spiral further out of control.” President-elect Donald Trump has proposed eliminating the debt ceiling altogether, or at least extending it through 2029, a move that would give his incoming administration more breathing room by avoiding repeated debt cap standoffs on Capitol Hill. Congress first established a debt limit of $45 billion in 1939 and has since raised it 103 times as government spending has consistently exceeded tax revenue. As of October 2024, publicly held debt hit 98 percent of the U.S. gross domestic product, according to the Congressional Budget Office (CBO), a sharp increase from 32 percent in October 2001. CBO projects that public debt will rise to 122 percent of gross domestic product in 2034. Maya MacGuineas, president of CRFB, warned in a recent statement that the risks of rising debt include slower economic growth, higher inflation, and constrained fiscal flexibility that would hamper the government’s ability to respond to economic downturns or global crises.50 jilibonus

By HALELUYA HADERO, Associated Press President-elect Donald Trump asked the Supreme Court on Friday to pause the potential TikTok ban from going into effect until his administration can pursue a “political resolution” to the issue. The request came as TikTok and the Biden administration filed opposing briefs to the court, in which the company argued the court should strike down a law that could ban the platform by Jan. 19 while the government emphasized its position that the statute is needed to eliminate a national security risk. “President Trump takes no position on the underlying merits of this dispute. Instead, he respectfully requests that the Court consider staying the Act’s deadline for divestment of January 19, 2025, while it considers the merits of this case,” said Trump’s amicus brief, which supported neither party in the case. The filings come ahead of oral arguments scheduled for Jan. 10 on whether the law, which requires TikTok to divest from its China-based parent company or face a ban, unlawfully restricts speech in violation of the First Amendment. Earlier this month, a panel of three federal judges on the U.S. Court of Appeals for the District of Columbia Circuit unanimously upheld the statute , leading TikTok to appeal the case to the Supreme Court. The brief from Trump said he opposes banning TikTok at this junction and “seeks the ability to resolve the issues at hand through political means once he takes office.”

Bell Potter says these are some of the best ASX 200 shares to buy in 2025TORONTO, Dec. 27, 2024 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc., (CBOE: ABXX) (OTCQX: ABXXF) (" Abaxx ” or the " Company ”), a financial software and market infrastructure company, indirect majority shareholder of Abaxx Singapore Pte Ltd. (" Abaxx Singapore ”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, " Abaxx Exchange ” and " Abaxx Clearing ”), and producer of the SmarterMarketsTM Podcast, today announces that it has filed an early warning report in respect of MineHub Technologies Inc. (" MineHub ”). On December 27, 2024, pursuant to a share purchase agreement between Abaxx and MineHub dated December 3, 2024 (the " SPA ”), Abaxx acquired 8,810,000 common shares of MineHub (" MineHub Shares ”). Prior to the closing of the SPA (the " Closing ”), Abaxx held 8,333,333 MineHub Shares representing 10.83% of the issued and outstanding MineHub Shares on an undiluted and a partially diluted basis. Immediately after Closing, Abaxx held 17,143,333 MineHub Shares, representing 19.87% of the issued and outstanding MineHub Shares on an undiluted and a partially diluted basis. As a result of the MineHub Shares issued in connection with the SPA, Abaxx's holdings have changed by more than 2% on a partially diluted basis since the filing of its previous early warning report. The MineHub Shares held by Abaxx are for investment purposes. In accordance with applicable securities laws, Abaxx may, from time to time and at any time, acquire additional shares and/or other equity, debt or other securities or instruments of MineHub in the open market or otherwise, and reserves the right to dispose of any or all of such securities in the open market or otherwise at any time and from time to time, and to engage in similar transactions with respect to such securities, the whole depending on market conditions, the business and prospects of MineHub and other relevant factors. This disclosure is issued pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues , which also requires an early warning report to be filed with the applicable securities regulators containing additional information with respect to the foregoing matters. A copy of the early warning report will be filed by Abaxx under MineHub's profile on SEDAR+ at www.sedarplus.com or may be obtained at Abaxx's head office address at 110 Young St., Suite 1601, Toronto, Ontario M5C 1T4. The MineHub Shares are listed on the TSX Venture Exchange under the symbol "MHUB”. MineHub is a corporation existing under the laws of British Columbia with its head office at Suite 918 - 1030 West Georgia St., Vancouver, British Columbia, V6E 2Y3, Canada. About Abaxx Technologies Abaxx is building Smarter Markets - markets empowered by better financial technology and market infrastructure to address our biggest challenges, including the energy transition. In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is an indirect majority-owner of subsidiaries Abaxx Exchange and Abaxx Clearing, recognized by MAS as a "recognised market operator” (RMO) and "approved clearing house” (ACH), respectively. Abaxx Exchange and Abaxx Clearing are a Singapore-based commodity futures exchange and clearinghouse, introducing centrally cleared, physically deliverable commodities futures and derivatives to provide better price discovery and risk management tools for the commodities critical to our transition to a lower-carbon economy. For more information please visit abaxx.tech , abaxx.exchange and smartermarkets.media . Media and investor inquiries: Abaxx Technologies Inc. Investor Relations Team Tel: +1 246 271 0082 E-mail: [email protected] Cautionary Statement Regarding Forward-Looking Information This press release includes certain "forward-looking statements” which do not consist of historical facts. Forward-looking statements include estimates and statements that describe Abaxx's future plans, objectives, or goals, including words to the effect that Abaxx expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "seeking”, "should”, "intend”, "predict”, "potential”, "believes”, "anticipates”, "expects”, "estimates”, "may”, "could”, "would”, "will”, "continue”, "plan” or the negative of these terms and similar expressions. Since forward-looking statements are based on current expectations and assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Abaxx, Abaxx does not provide any assurance that actual results will meet respective management expectations. Risks, uncertainties, assumptions, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information related to Abaxx in this press release includes but is not limited to, Abaxx's objectives, goals, and future plans. Forward-looking statements are necessarily based upon a number of estimates and assumptions including material estimates and assumptions related to the factors set forth below that, while considered reasonable by Abaxx as at the date of this press release in light of management's experience and perception of current conditions and expected developments, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Such factors impacting forward-looking information include, among others: risks relating to the global economic climate and extreme weather events; dilution; Abaxx's limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; regulatory risks in Singapore and Canada; the ability to list Abaxx's securities on stock exchanges in a timely fashion or at all; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; taxation; resource shortages; damage to the Company's reputation due to the actual or perceived occurrence of any number of events, including negative publicity with respect to the Company's operations, whether true or not; risk of loss due to acts of war, terrorism, sabotage and civil disturbances; the impact of inflation, including global energy cost increases; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors which could impact future results of the business of Abaxx include but are not limited to: operations in foreign jurisdictions, protection of intellectual property rights, contractual risk, third-party risk; clearinghouse risk, malicious actor risks, third-party software license risk, system failure risk, risk of technological change; dependence of technical infrastructure; changes in the price of commodities, capital market conditions and restriction on labor and international travel and supply chains. Abaxx has also assumed that no significant events occur outside of Abaxx's normal course of business. Abaxx cautions that the foregoing list of material factors is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Readers are cautioned that forward-looking statements are not guarantees of future performance. Abaxx has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements and information contained in this press release represents the expectations of Abaxx as of the date of this press release and, accordingly, is subject to change after such date. Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Cboe Canada does not accept responsibility for the adequacy or accuracy of this press release.

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Only four players have netted more goals than Wolves' Matheus Cunha in the first 18 matches of this Premier League season. Alexander Isak is the only player to have achieved this feat without the aid of a single penalty. When you factor in Cunha's assists (four), he ranks sixth in the league for overall contributions. This achievement is even more impressive considering Wolves are currently languishing in 17th place, teetering just above the relegation zone. The next player from a higher-placed team on this list is Bryan Mbeumo of Brentford, who sits in 12th place. He is followed by Jarrod Bowen of West Ham, who is 13th in the league and 17th in the contribution chart. Such statistics are significant indicators of a player's worth, value, and performance. It's no surprise then that Liverpool are reportedly interested in Wolves' star player. As we head into 2025, Manchester City, Manchester United, Arsenal, and Newcastle are all said to be vying for Cunha. Despite the interest and his impressive form, Cunha is not reported to be seeking a move away next month, reports the Liverpool Echo . However, he is certainly one to watch in the upcoming winter and summer transfer windows. After finishing last season with 12 goals and seven assists - only one of which was a penalty - Cunha's consistent performances are demanding attention. Having shown promise at Hertha Berlin and Atletico Madrid, he is now emerging as a standout player in the Premier League. Despite his tender years, the Brazilian international has always commanded hefty transfer fees. RB Leipzig shelled out over £10million to secure him as a teenager before nearly doubling their investment two years later in a Bundesliga switch. Fast forward 18 months and it was Diego Simeone again forking out almost twice as much with Atleti. Wolves were swayed by his six-month loan stint and splashed out over £45million to bring him to Molineux. It's rumoured that at least the same amount will be needed to prise Cunha away from Wolves in 2025. Given his current form, it's a price tag that's hard to dispute. If anything, considering the current market rates, it's probably less than might have been anticipated. Wolves aren't under any pressure to sell at the moment, and their fortunes have started to improve under Vitor Pereira. If they manage to avoid relegation, it will only strengthen their resolve to retain him. Such has been Cunha's meteoric rise, his estimated value has skyrocketed along with his reputation in the game. Shortly after his loan move to Wolves, Transfermarkt valued him at just over £25million. That figure has steadily increased, reflecting his significant influence on the pitch. This time last year, his price tag was pegged at just under £30million, ending last season at over £40million - a valuation in line with Wolves' assessment of him as a player. Now, it sits even higher at nearly £45million. The CIES Football Observatory concurs, valuing him at £43million earlier this season. Liverpool will have to dig deep to lure him away from the Midlands, and it's a bitter pill to swallow considering how his stock has risen and how readily available he might have been in the past. However, when you're competing at the top of the table, there's little room for manoeuvre and waiting for Cunha to hit his stride isn't much of an option either. The fact that he was snapped up for £25million just over three years ago and is now worth significantly more is a tough blow. But that's the nature of the game at the highest level, and Liverpool may well see it as a fair price to pay now.Trump asks Supreme Court to delay TikTok ban so he can weigh in after he takes officeKENNESAW, Ga. (AP) — Adrian Wooley and Simeon Cottle each scored 32 points and Kennesaw State beat Brewton-Parker 112-77 on Sunday. Wooley added eight rebounds and eight assists for the Owls (8-5). Cottle went 11 of 16 from the field (8 for 13 from 3-point range) to add 32 points. Braedan Lue went 5 of 8 from the field (2 for 3 from 3-point range) to finish with 14 points. Dre Burroughs finished with 25 points for the Barons. Brewton-Parker got 20 points and seven rebounds from Tommy J Tisdale III. Kennesaw State took the lead with 15:42 left in the first half and did not give it up. The score was 57-31 at halftime, with Cottle racking up 16 points. Kennesaw State extended its lead to 83-38 during the second half, fueled by a 10-0 scoring run. Wooley scored a team-high 19 points in the second half as their team closed out the win. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .

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