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panalo999 vip American warplanes pounded Syria with airstrikes as the Assad regime fell on Sunday. They hit dozens of targets in support of the anti-ISIS mission, which officials say will continue. The US isn't the only military conducting strikes amid the uncertain situation in Syria. The US military has carried out extensive airstrikes in Syria since the Assad regime collapsed over the weekend, and it's not the only country on the hunt for targets in this uncertain moment. American, Israeli, and Turkish forces have all been involved in bombing targets across Syria over the past few days in actions said to be in support of their respective national security interests. For the US, this means continuing to go after the Islamic State, as it has done for years, but with an intensity to keep the group at bay. The Biden administration has stated that this mission will continue despite uncertainty about the future of Syria's leadership. The US has repeatedly said that it is committed to the enduring defeat of ISIS. "We don't want to give ISIS an opportunity to exploit what's going on," White House National Security Council spokesperson John Kirby told reporters on Tuesday, adding, "They love nothing more than ungoverned space." As rebel forces reached Damascus on Sunday and Syrian President Bashar Assad fled the country, US Air Force B-52 bombers, F-15 fighter jets, and A-10 attack aircraft . The widespread strikes hit the terrorist group's leaders, operatives, and camps, said US Central Command, which oversees Middle East operations. A senior administration official, speaking to reporters, described the combat operation as "significant" and said the American warplanes dropped around 140 munitions to hit 75 targets. The US military said the goal of the strikes was to prevent ISIS from reconstituting in central Syria. Jonathan Lord, a former political-military analyst at the Pentagon, told Business Insider the US military is "rightly worried that ISIS could slip through the cracks in the chaos," so it is hitting as many targets as possible. The widespread bombing since Sunday has, however, not been limited to just the US. Israel has across neighboring Syria, according to the UK-based Syrian Observatory for Human Rights, a war monitor. Israel has targeted the remnants of Assad's former military, including aircraft, ammunition depots, weapons storage facilities, warships, radar systems, and additional assets, the SOHR said. Israeli officials have said these strikes are from falling into the hands of potential foes. "Israel is taking no chances with their security and not waiting to find out if the new Syrian government is friendly or hostile," said Lord, who is now the director of the Middle East Security program at the Center for a New American Security think tank. The Israeli military has also the Syrian border beyond a United Nations-monitored buffer zone that separates the two countries. The UN has criticized the move, which Israel said is a measure to protect its citizens amid the uncertainty in Damascus. Avi Melamed, a former Israeli intelligence official, told BI that the actions are a "combined effort to try to minimize as much as possible the risk of growing military challenges following the current situation in Syria." He said the Israeli approach likely includes diplomatic efforts to complement the airstrikes and buffer zone operation. Meanwhile, a Turkish drone a military site in an area held by the Kurdish-led Syrian Democratic Forces, the SOHR said on Tuesday. Ankara, which views the nearby SDF as a terror group, has targeted Kurdish forces for years. The US frequently works closely with the SDF on counter-ISIS operations. "The Turks have a legitimate counter-terrorism threat that they, too, have a right to deal with," Kirby, the White House spokesperson, said in response to a reporter's question about action against Kurdish groups. The widespread military actions come on the heels of the shock collapse of the Syrian Army amid a stunning, only that removed Assad from power. The longtime dictator had relied extensively on military support from Russia, Iran, and Lebanese Hezbollah to keep opposition forces in check. US officials are blaming on the reality that these three actors have been weakened and distracted lately by their respective conflicts with Ukraine and Israel. Russia, in particular, used to exercise significant control over Syrian airspace, but the in the country is now unclear. Read the original article on

AP Business SummaryBrief at 5:15 p.m. ESTThe Outsea Research Bureau recognizes the gravity of the situation in Syria and calls on world leaders to prioritize the needs of the Syrian people above all else. The time for action is now, and we must not turn a blind eye to the suffering that continues to unfold in this war-torn nation.In a surprising turn of events, Jack Ma, the co-founder of Ant Group, has made a return to the company after a prolonged absence. Alongside his reappearance, a new CEO has been appointed to lead the fintech giant into the next chapter of its evolution. These developments have sparked both curiosity and uncertainty within the industry, prompting questions about the future direction of Ant Group and the challenges it faces in the highly competitive landscape of financial technology.

As Gong Li continues to inspire and captivate audiences with her performances on screen, her late-night badminton game serves as a symbolic representation of her unwavering spirit and timeless elegance. Through her actions, Gong Li encourages us all to embrace our age, stay active, and pursue our passions with determination and joy.

In the world of Chinese cinema, exciting news has emerged as the highly anticipated comedy film, "Full Moon Outside the Window, Bang!" has officially announced its premiere date on New Year's Eve. The film stars a stellar cast including renowned actors Fei Xiang, Ma Dongxi, and Song Xiaobao, promising audiences a hilarious and entertaining cinematic experience.

S&P/TSX composite index gains more than 350 points, U.S. stock markets also rise

Overall, Manchester United's decline this season is a stark contrast to their performances in the previous campaign. Despite a change in management, the team has failed to make significant improvements on the pitch and has experienced the most severe drop in form in the Premier League. With fans growing increasingly frustrated and discontent, the pressure is mounting on the club to turn things around before it is too late.

One of the most pressing issues facing Syria today is the lack of a clear path towards economic recovery. The country's once-thriving economy has been brought to its knees by the conflict, and the road to recovery seems to be a distant prospect. Essential services such as healthcare, education, and basic infrastructure have been severely disrupted, further exacerbating the already dire humanitarian crisis.Another aspect to consider is the competition within the market. While county towns may have fewer hotels compared to big cities, the rise of chain brands entering the market has intensified the competition. Chain brands bring with them established names, quality standards, and marketing strategies, posing a threat to independent hotel owners who may struggle to compete with their resources. On the other hand, being part of a chain brand can provide benefits such as brand recognition, loyalty programs, and centralized management support, which can help boost the profitability of a hotel in a county town.

As the situation continues to unfold, it is important for residents to remain vigilant and follow the guidance of authorities. Safety precautions, such as wearing protective gear and staying indoors, should be observed to minimize health risks associated with volcanic ash exposure. The cooperation and resilience of the community will be crucial in overcoming this natural disaster.By MICHELLE L. PRICE and ROB GILLIES NEW YORK (AP) — President-elect Donald Trump’s recent dinner with Canadian Prime Minister Justin Trudeau and his visit to Paris for the reopening of the Notre Dame Cathedral were not just exercises in policy and diplomacy. They were also prime trolling opportunities for Trump. Related Articles National Politics | Trump names Andrew Ferguson as head of Federal Trade Commission to replace Lina Khan National Politics | Biden says he was ‘stupid’ not to put his name on pandemic relief checks like Trump did National Politics | Biden issues veto threat on bill expanding federal judiciary as partisan split emerges National Politics | Trump lawyers and aide hit with 10 additional felony charges in Wisconsin over 2020 fake electors National Politics | After withdrawing as attorney general nominee, Matt Gaetz lands a talk show on OANN television Throughout his first term in the White House and during his campaign to return, Trump has spun out countless provocative, antagonizing and mocking statements. There were his belittling nicknames for political opponents, his impressions of other political figures and the plentiful memes he shared on social media. Now that’s he’s preparing to return to the Oval Office, Trump is back at it, and his trolling is attracting more attention — and eyerolls. On Sunday, Trump turned a photo of himself seated near a smiling first lady Jill Biden at the Notre Dame ceremony into a social media promo for his new perfume and cologne line, with the tag line, “A fragrance your enemies can’t resist!” The first lady’s office declined to comment. When Trudeau hastily flew to Florida to meet with Trump last month over the president-elect’s threat to impose a 25% tax on all Canadian products entering the U.S., the Republican tossed out the idea that Canada become the 51st U.S. state. The Canadians passed off the comment as a joke, but Trump has continued to play up the dig, including in a post Tuesday morning on his social media network referring to the prime minister as “Governor Justin Trudeau of the Great State of Canada.” After decades as an entertainer and tabloid fixture, Trump has a flair for the provocative that is aimed at attracting attention and, in his most recent incarnation as a politician, mobilizing fans. He has long relished poking at his opponents, both to demean and minimize them and to delight supporters who share his irreverent comments and posts widely online and cheer for them in person. Trump, to the joy of his fans, first publicly needled Canada on his social media network a week ago when he posted an AI-generated image that showed him standing on a mountain with a Canadian flag next to him and the caption “Oh Canada!” After his latest post, Canadian Immigration Minister Marc Miller said Tuesday: “It sounds like we’re living in a episode of South Park.” Trudeau said earlier this week that when it comes to Trump, “his approach will often be to challenge people, to destabilize a negotiating partner, to offer uncertainty and even sometimes a bit of chaos into the well established hallways of democracies and institutions and one of the most important things for us to do is not to freak out, not to panic.” Even Thanksgiving dinner isn’t a trolling-free zone for Trump’s adversaries. On Thanksgiving Day, Trump posted a movie clip from “National Lampoon’s Christmas Vacation” with President Joe Biden and other Democrats’ faces superimposed on the characters in a spoof of the turkey-carving scene. The video shows Trump appearing to explode out of the turkey in a swirl of purple sparks, with the former president stiffly dancing to one of his favorite songs, Village People’s “Y.M.C.A.” In his most recent presidential campaign, Trump mocked Florida Gov. Ron DeSantis, refusing to call his GOP primary opponent by his real name and instead dubbing him “Ron DeSanctimonious.” He added, for good measure, in a post on his Truth Social network: “I will never call Ron DeSanctimonious ‘Meatball’ Ron, as the Fake News is insisting I will.” As he campaigned against Biden, Trump taunted him in online posts and with comments and impressions at his rallies, deriding the president over his intellect, his walk, his golf game and even his beach body. After Vice President Kamala Harris took over Biden’s spot as the Democratic nominee, Trump repeatedly suggested she never worked at McDonalds while in college. Trump, true to form, turned his mocking into a spectacle by appearing at a Pennsylvania McDonalds in October, when he manned the fries station and held an impromptu news conference from the restaurant drive-thru. Trump’s team thinks people should get a sense of humor. “President Trump is a master at messaging and he’s always relatable to the average person, whereas many media members take themselves too seriously and have no concept of anything else other than suffering from Trump Derangement Syndrome,” said Steven Cheung, Trump’s communications director. “President Trump will Make America Great Again and we are getting back to a sense of optimism after a tumultuous four years.” Though both the Biden and Harris campaigns created and shared memes and launched other stunts to respond to Trump’s taunts, so far America’s neighbors to the north are not taking the bait. “I don’t think we should necessarily look on Truth Social for public policy,” Miller said. Gerald Butts, a former top adviser to Trudeau and a close friend, said Trump brought up the 51st state line to Trudeau repeatedly during Trump’s first term in office. “Oh God,” Butts said Tuesday, “At least a half dozen times.” “This is who he is and what he does. He’s trying to destabilize everybody and make people anxious,” Butts said. “He’s trying to get people on the defensive and anxious and therefore willing to do things they wouldn’t otherwise entertain if they had their wits about them. I don’t know why anybody is surprised by it.” Gillies reported from Toronto. Associated Press writer Darlene Superville contributed to this report.

JM Financial has a buy call on Godrej Consumer Products with a target price of Rs 1415. The current market price of Godrej Consumer Products is Rs 1130.75. Godrej Consumer Products, incorporated in 2000, is a Large Cap company with a market cap of Rs 115370.49 crore, operating in the FMCG sector. Godrej Consumer Products' key products/revenue segments include Personal Care and Other Operating Revenue for the year ending 31-Mar-2024. Financials For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 3752.32 crore, up 10.08 % from last quarter Total Income of Rs 3408.69 crore and up 2.30% from last year same quarter Total Income of Rs 3667.88 crore. The company has reported net profit after tax of Rs 491.31 crore in the latest quarter. Investment Rationale Godrej Consumer Products Ltd 's (GCPL's) business update for Q3FY25 points to weaker than expected performance. India business is expected to report flat volumes (vs +7-8% in 1H) due to likely volume decline in Soaps (pricing actions impacts wholesale/HH inventory) and moderation in volume growth for HI (delayed winter in North/cyclone in South). While the management had called out possible volume impact on Soaps in its Q2FY25 conference call, unfavourable weather led impact on HI came as a negative surprise. The impact on India EBITDA margins is also likely to be higher than envisaged (temporary downward breach of normative margin range of 24-27% vs earlier commentary of 24-25% margins in near term). Stock Trading Derivative Analytics Made Easy By - Vivek Bajaj, Co Founder- Stockedge and Elearnmarkets View Program Stock Trading Technical Analysis Made Easy: Online Certification Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Candlesticks Made Easy: Candlestick Pattern Course By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading Options Trading Course For Beginners By - Chetan Panchamia, Options Trader View Program Stock Trading Introduction to Technical Analysis & Candlestick Theory By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading Macroeconomics Made Easy: Online Certification Course By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Stock Trading Options Scalping Made Easy By - Sivakumar Jayachandran, Ace Scalper View Program Stock Trading Renko Chart Patterns Made Easy By - Kaushik Akiwatkar, Derivative Trader and Investor View Program Stock Trading Advanced Strategies in Stock Market Mastery By - CA Raj K Agrawal, Chartered Accountant View Program Stock Trading Market 103: Mastering Trends with RMI and Techno-Funda Insights By - Rohit Srivastava, Founder- Indiacharts.com View Program Stock Trading Mastering Options Selling: Advanced Strategies for Success By - CA Manish Singh, Chartered Accountant, Professional Equity and Derivative Trader View Program Other India businesses and International business performance remains on expected lines. JM Financial cut its FY25-27E earnings by 4-7% to factor in weak (margins) Q3. 4QFY25E will be a key quarter for Soaps (how volumes shape up considering pricing actions & competitive intensity from HUL) and HI (mgmt. hoping to see conclusive results of new molecule-based LV from 4Q). In the brokerage's view, current challenges are more transient in nature. They keep their faith ? the execution machinery put in place will yield fruits over the medium-term though stock is likely to be lacklustre till some signs of success start to become visible. JM Financial maintains a BUY rating with revised target price of Rs 1,415 (50x Sep'26E). Promoter/FII Holdings Promoters held 63 per cent stake in the company as of 30-Sep-2024, while FIIs owned 22.03 per cent, DIIs 9.59 per cent. (You can now subscribe to our ETMarkets WhatsApp channel )None

-- First Half Revenue of $85.7 million , increase 1.5% year-over-year -- -- First Half GMV of $107.3 million , down 7.0% year-over-year -- SHANGHAI , Dec. 19, 2024 /PRNewswire/ -- Jowell Global Ltd. ("Jowell" or the "Company") (NASDAQ: JWEL), one of the leading cosmetics, health and nutritional supplements, and household products e-commerce platforms in China , today announced its unaudited financial results for the six months ended June 30, 2024 . First Half 2024 Financial and Operational Highlights [1] "Total VIP members" refers to the total number of members registered on Jowell's platform as of June 30, 2024 and June 30, 2023. [2] "LHH stores" refers to the brand name of "Love Home Store". Authorized retailers may operate as independent stores or store-in-shop (an integrated store), selling products they purchased through Jowell's online platform LHH Mall under their retailer accounts, which provides them with major discounts. First Half 2024 Financial Results Total Revenues Total revenues for the first half 2024 were $85.7 million , representing an increase of 1.5% from $84.4 million in the same period of 2023. Our weighted average unit price was $5.16 per unit for the first half of 2024, which represented an increase of 4.2% as compared to $4.95 per unit for the same period of 2023. Our health and nutritional supplements revenue for the first half of 2024 increased by about $11.1 million , or 182.1%, as compared to the same period of 2023. The increase in health and nutritional supplements revenue was mainly due to the increase in sales of premium brand health and nutritional supplements. We have stepped up our promotions on these items during the Chinese New Year holidays in the first half of 2024 in an attempt to offer more promotional discounts in response to the overall market downturn. First Half Ended June 30 % 2024 2023 change Revenues (in thousands, except for percentages) US$ US$ YoY* Product sales • Cosmetic products 19,768.5 29,495.5 (33.0 %) • Health and nutritional supplements 17,190.7 6,094.2 182.1 % • Household products 48,438.7 48,473.1 (0.1 %) • Others 286.4 343.4 (16.6 %) Total 85,684.3 84,406.2 1.5 % * YOY—year over year Total cost and operating expenses were $89.6 million in the first half of 2024, a decrease of 1.5% from $91.0 million in the same period of 2023. Operating Loss Operating loss was $4.0 million for the first half of 2024, compared with the operating loss of $6.6 million in the same period of 2023. The decrease in operating loss for the first half of 2024 was mainly due the decrease of marketing expenses, as well as reduction of operating expenses as discussed above. Net Loss Net loss was $3.8 million , a decrease of 47.1% compared with net loss of $7.1 million in the same period of 2023, which was mainly due the factors mentioned above. Loss per Share The Company computes earnings (loss) per share ("EPS") in accordance with ASC 260, "Earnings per Share" ("ASC 260"). Each of the Company's Preferred Share has voting rights equal to two Ordinary Shares of the Company and each Preferred Share is convertible into one Ordinary Share at any time. Except for voting rights and conversion rights, the Ordinary Shares and the Preferred Shares rank pari passu with one another and have the same rights, preferences, privileges and restrictions. For the first half ended June 30, 2024 and 2023, respectively, the Company had no potential ordinary shares outstanding that could potentially dilute EPS in the future. Cash and Cash Equivalents For the first half of 2024, the Company reported a net loss of $3.8 million , a negative operating cash flow of $41,012 and an accumulated deficit of approximately $29.8 million . The Company's principal sources of liquidity are sales revenues, proceeds from a private placement and a registered direct offering. As of June 30, 2024 , the Company had cash and restricted cash of approximately $0.8 million , held by the variable interest entity (VIE) Shanghai Juhao Information Technology Co., Ltd. ("Shanghai Juhao") with banks and financial institutions inside China as the Company conducts its operations primarily through the consolidated VIE in China ; the Company's working capital as of June 30, 2024 was $13.4 million . Due to the uncertainty of the current market environment, management believes it is necessary to enhance the collection of its outstanding accounts receivable and other receivables, and to be cautious in terms of its operational decisions and project selections. As of October 31, 2024 , approximately $1.8 million , or 62%, of its accounts receivable balance as of June 30, 2024 were collected, and approximately $9.9 million , or 93%, of its advances to supplier balance as of June 30, 2024 were utilized. In addition, the Company's Form F-3 registration was declared effective on August 31, 2022 , and the Company may also seek equity financing from outside investors if necessary. Based on the latest business plan of the Company, Shanghai Juhao has reduced its promotion efforts and marketing expenditures since the second half of 2023, which reduced the cash used in operating activities. Management believes that the above-mentioned factors, including cash on hand of approximately $0.8 million , will provide sufficient liquidity for the Company to meet its future liquidity and capital requirements for at least the next twelve months. About Jowell Global Ltd . Jowell Global Ltd. (the "Company") is one of the leading cosmetics, health and nutritional supplements and household products e-commerce platforms in China . We offer our own brand products to customers and also sell and distribute health and nutritional supplements, cosmetic products and certain household products from other companies on our platform. In addition, we allow third parties to open their own stores on our platform for a service fee based upon sale revenues generated from their online stores and we provide them with our unique and valuable information about market needs, enabling them to better manage their sales effort, as well as an effective platform to promote their brands. The Company also sells its products through authorized retail stores all across China , which operate under the brand names of " Love Home Store " or "LHH Store" and "Best Choice Store". For more information, please visit http://ir.1juhao.com/ . Exchange Rate The Company's financial information is presented in U.S. dollars ("USD"). The functional currency of the Company is the Chinese Yuan, Renminbi ("RMB"), the currency of the PRC. Any transactions which are denominated in currencies other than RMB are translated into RMB at the exchange rate quoted by the People's Bank of China prevailing at the dates of the transactions, and exchange gains and losses are included in the statements of operations as foreign currency transaction gain or loss. The consolidated financial statements of the Company have been translated into U.S. dollars in accordance with ASC 830, "Foreign Currency Matters". This press release contains translations of certain RMB amounts into U.S. dollars ("USD" or "$") at specified rates solely for the convenience of the reader. The exchange rates in effect as of June 30, 2024 and December 31, 2023 were RMB1 for $0.1403 and $0.1412 , respectively. The average exchange rates for the six months ended June 30, 2024 and 2023 were RMB1 for $0.1407 and $0.1444 , respectively. Safe Harbor Statement This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's goals and strategies; the Company's future business development; financial condition and results of operations; product and service demand and acceptance; reputation and brand; the impact of competition and pricing; changes in technology; government regulations; fluctuations in general economic and business conditions in China and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov . The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. For investor and media inquiries, please contact: Jowell Global Ltd. Ms. Jessie Zhao Email: IR@1juhao.com Jowell Global Ltd. CONDENSED CONSOLIDATED BALANCE SHEETS June 30, December 31, 2024 2023 (Unaudited) ASSETS Current Assets: Cash $ 805,344 $ 1,250,281 Accounts receivable, net 2,344,481 2,401,056 Accounts receivable - related parties - 47,040 Advance to suppliers 10,050,688 3,506,432 Advance to suppliers - related parties 12,493,792 9,874,545 Inventories 4,508,515 8,198,402 Prepaid expenses and other current assets 1,075,591 1,384,758 Total current assets 31,278,411 26,662,514 Long-term investment 3,709,340 3,888,377 Property and equipment, net 845,579 681,942 Intangible assets, net 532,810 634,655 Right of use lease assets, net 1,506,729 2,019,300 Other non-current asset 638,723 895,775 Deferred tax assets 512,175 515,364 Total Assets $ 39,023,767 $ 35,297,927 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Short-term loan $ 210,473 $ 423,567 Accounts payable 2,791,515 3,765,230 Accounts payable - related parties 280,530 194,818 Deferred revenue 11,691,812 2,309,957 Deferred revenue - related parties 40,000 47,059 Current portion of operating lease liabilities 1,475,947 942,989 Accrued expenses and other liabilities 975,072 782,048 Due to related parties 414,585 528,472 Taxes payable 1,487 58,233 Total current liabilities 17,881,421 9,052,373 Non-current portion of operating lease liabilities - 1,032,235 Total liabilities 17,881,421 10,084,608 Commitments and contingencies Equity Common stock, $0.0016 par value, 450,000,000 shares authorized, 2,170,475 issued and outstanding at June 30, 2024 and December 31, 2023, respectively * 3,473 3,473 Preferred stock, $0.0016 par value, 50,000,000 shares authorized, 46,875 issued and outstanding at June 30, 2024 and December 31, 2023, respectively * 75 75 Additional paid-in capital 52,687,182 52,687,182 Statutory reserves 394,541 394,541 Accumulated deficit (29,768,863) (26,039,567) Accumulated other comprehensive loss (2,153,720) (1,843,970) Total Jowell GlobIn conclusion, Maogeping's remarkable 87% surge on its debut day in the Hong Kong stock market has captivated investors, analysts, and market participants alike, highlighting the power of innovation, potential, and optimism in driving market performance. As the company charts its course in the coming weeks and months, it will be closely watched for clues on how it navigates the challenges and opportunities that lie ahead in its quest for sustained growth and success.How Trump could spare Biden's renewable energy credits and still cripple his landmark climate bill

On 16 December 2024, the European Union (EU) adopted its 15th package of sanctions against Russia in response to its ongoing aggression toward Ukraine. The new measures target key sectors of Russia’s military-industrial complex, including the “shadow fleet” and companies that support this complex. In a significant development, the EU has imposed fully-fledged sanctions – a travel ban, an asset freeze and prohibitions to making economic resources available – for the first time on third-country actors, including Chinese companies, that are implicated in the supply of electronic components and drones used in the conflict. These actions reflect the EU’s determination to extend its pressure on those facilitating Russia’s military activities. Additionally, the package designates 54 individuals and 30 entities. Among those designated are high-ranking executives in Russia’s energy sector, and other political figures. The sanctions also target defence companies, shipping firms responsible for transporting Russian oil, and a civilian airline aiding Russian military logistics. This broadening of sanctions underscores the EU’s strategy to disrupt the logistical and financial support structures enabling Russia’s military operations. In addition to targeting key individuals and entities, the EU has expanded trade restrictions to include 32 new entities involved in supplying dual-use goods and technologies to the Russian military. These entities, based in countries such as China, India, Iran, Serbia and the UAE, are reported to have participated in circumventing practices or to have provided critical materials used in Russian missile and drone production. The sanctions are designed to prevent a further reinforcement of Russia’s military machinery by cutting off access to essential components and technologies. Further, the EU Council is expanding the list of vessels subject to a port access ban and a prohibition on a wide range of maritime transport-related services. This action aims to address non-EU tankers associated with Putin’s shadow fleet, which evade the oil price cap mechanism, support Russia’s energy sector, transport military equipment for Russia, or facilitate the movement of stolen Ukrainian grain. Today, 52 vessels from third countries were added to the list, bringing the total number of designated vessels to 79. To safeguard European businesses, the EU has also implemented protective measures, including the prohibition of recognising or enforcing rulings from Russian courts that seek to impose unjust economic sanctions on EU operators. Additionally, the EU has introduced mechanisms that facilitate the release of certain frozen assets held by EU central securities depositories, enabling them to meet their legal obligations to clients. These measures are aimed at ensuring that EU businesses can operate without fear of being unfairly targeted by Russian legal actions. Recognising the challenges that businesses face in maintaining operations in Russia, the EU has extended the deadlines for European companies to exit the Russian market in an orderly manner. These exceptional derogations are granted on a case-by-case basis, mitigating the impact on business operations and facilitating a smoother exit from Russia’s increasingly restrictive and uncertain environment. In reaffirming its condemnation of the conflict, the council has emphasised that the EU is ready to adopt additional measures. This 15th package of sanctions underscores the EU’s commitment to applying sustained economic and political pressure on Russia while intensifying its multifaceted support for Ukraine – support delivered on humanitarian grounds, as well as militarily, politically and economically. These new sanctions are said to be just a preview of the broader restrictive measures to be taken next year.SAINTS AND SINNERS: Clement hits out at his Rangers stars for first-half no-show as Ibrox men fall to costly defeat in Paisley

The New Jersey Devils hope the momentum they built leading up to the NHL's holiday break will carry over after the three days off, as the Metropolitan Division leaders start a two-day, home-and-home series with the third-place Carolina Hurricanes on Friday in Newark, N.J. Coach Sheldon Keefe's team has won five of its last six games, including the previous two by shutouts. Jacob Markstrom stopped a dozen shots in the Devils' 5-0 win over the visiting New York Rangers on Monday. That came just two days after he made 12 saves in a 3-0 home victory over the Pittsburgh Penguins. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.