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By Keem Abdul. 2027, the year in which the majority of Nigerians will once again go to the polls to elect a new set of leaders, may be three years away, but to the forward-looking political player on a mission, it is already yesterday As far as Lagos State is concerned, and the question of who succeeds the current Governor, Babajide Olusola Sanwo-Olu, the prize is no less than the leadership of Nigeria’s commercial and industrial hub, and control over the largest subnational economy in Africa. On the political front, too, the stakes are extremely high. On one hand, it is a battle for the soul of the ruling All Progressives’ Congress (APC) – the party which, in its various incarnations, has held power in the state since the advent of the present democratic dispensation in 1999. On the other hand, the party is seeking to keep at bay the challenge of the two main opposition camps, namely, the People’s Democratic Party (PDP) and especially the Labour Party (LP) whose ‘insurgent’ campaign in the last election cycle, and the tremendous traction it gained among a segment of the electorate, gave the APC an almighty scare. While it may be premature to conclude that the victory of the APC in the 2027 polls is a foregone conclusion (because in politics, as they say, even a week is an eternity – let alone three years), it may be correct, however, to say that greater attention will be paid, in the run-up to 2027, to the contest within the ruling party (i.e., the battle over who emerges the APC’s gubernatorial flagbearer) than the battle between it and the opposition. While it may also be premature to predict the combination of factors and circumstances that will determine the emergence of said candidate (and next Governor), permutations have already begun, and some names are already being bandied about in the public domain. One of those names is that of Senator Mukhail Adetokunbo (Tokunbo) Abiru, who currently represents Lagos East Senatorial District in the upper legislative chambers. Whether or not the ready mention of his name at this stage of the coming race establishes him as the frontrunner, it is certainly an indication of the high regard and goodwill he commands in certain influential quarters within his party and constituency. A banker and financial titan-turned politician, Sen. Abiru is widely respected for his dedication to his constitutional role, and for his impactful interventions in his senatorial zone. Since his time as the Lagos State Commissioner for Finance, Abiru has distinguished himself in many ways. It was during his tenure, for example, that the state won international accolades for successfully floating an N80 billion bond. In the private sector where he operated before then, his expertise in financial management saw him rescue Skye Bank from the brink of collapse, transforming it into what is now Polaris Bank. At a point during the Tinubu presidential transition in 2023, Abiru was mentioned as a possible nominee for Finance Minister – before the position eventually went to Wale Edun. Abiru’s supporters believe his expertise in financial management and governance makes him the ideal candidate to lead Lagos into a new era of growth and prosperity. Another name also being thrown up is that of former Governor Akinwunmi Ambode. During his four-year tenure at the helm (from 2015 to 2019), Ambode had a love-hate relationship with the APC leadership, which ultimately led to the truncation of his re-election bid in 2019. But his time in office is fondly remembered for its proactive approach to the challenges confonting Lagos State, and especially his achievements in the area of infrastructure – notably the rejuvenation of the Oshodi transport hub to the construction of new bridges and inner-city roads in virtually all 57 LGs and LCDAs across the state. In recent months, Ambode’s political stock seems to be on a slow but steady rise, and his rehabilitation from the margins (where he had been consigned since his ousting from Government House, Alausa) back to the mainstream seems to be gathering pace by the day. The drumbeat of support for his return to office has been taken up by various groups who describe his previous tenure as transformative, hence their desire to see him “complete the good work he started.” And yet, in spite of the frequency with which these two names, Abiru and Ambode, are being mentioned in the public domain, and the airplay they’re getting as a result, the brewing contest for 2027 is by no means a two-horse race. The hovering presence of a figure who, as we speak, is just a heartbeat away from the Governorship seat – namely, the current Deputy-Governor of Lagos State, Dr. Kadiri Obafemi Hamzat – cannot be ignored. A former Governorship aspirant himself, he is the subject of speculations and incipient support rom those who do not have to think too hard to imagine him in the role, having seen him perform his duties creditably at the side of Governor Sanwo-Olu. Hamzat’s pedigree as the scion of a political dynasty (his late father, Oba Mufutau Olatunji Hamzat having once been a chieftain of the influential Justice Forum) is a factor that may count to his advantage. Other figures also being mentioned are the current Chief of Staff to the President and immediate past Speaker of the House of Representatives, Hon. Femi Gbajabiamila, and the Speaker of the Lagos State of Assembly, Hon. Mudashiru Obasa. While Gbajabiamila’s potential candidacy hinges on his national profile and the network he has cultivated, Obasa (who holds the record of being the longest-serving Speaker in the state’s history) commands immense grassroots support within and well beyond his Agege constituency. Last, but certainly not the least, is the proverbial elephant in the room: a young newcomer who combines something of the background and attributes of each of the aforementioned potential aspirants – except for the fact that he has never held political office before now. He is no other than Seyi Tinubu, eldest son of the Nigerian President, Bola Tinubu. He has of late been receiving endorsements from influential stakeholders, many of who have highlighted his outstanding achievements as an entrepreneur and philanthropist, asserting that his track record in business speaks volumes about his capacity to deliver in public office. Mr. Tinubu’s hypothetical campaign for the Government House, Ikeja is however, riddled with pros and cons. One major pro is that in a clime where loyalty to the Tinubu Brand is often a ticket to the political equivalent of Eldorado, only the most foolhardy chieftain or operative in the party would risk his/her political fortunes by daring to oppose the son of the President – especially if Asiwaju himself expresses even the slightest inclination towards having his son follow in his gubernatorial footsteps. However, similar to President Tinubu’s neutral stance towards his wife’s endeavour in pursuing her senatorial ambition, it is likely that he will not actively support his son’s ambitions unless the son establishes his own popularity base. The con, apart from Seyi’s relative lack of political experience vis-a-viz the other hopefuls, may come in the form of subtle, covert opposition (from both within and outside the party) to having the acclaimed Centre of Excellence (as Lagos State is often reffered to) become something of a Tinubu family fiefdom. In such a scenario, Seyi’s ambition may be dead in the water – barring a robust, direct intervention on his behalf. So, who will be the Lagos State Governor, come 2027? Although each aspirant’s ability to court critical stakeholders will be crucial to securing the top job, one suspects that the outcome will depend, to a great extent, on the preference of Mr. President – himself a former Lagos State Governor who continues to exert an enormous amount of influence in the affairs of the state. Apart from the President’s possible choice, other factors that might shape the 2007 contest include religion (after eight years of Sanwo-Olu, who is a Christian, there might be a consensus to have a Muslim at the helm – a scenario which benefits every of the aforementioned, except Ambode), as well as the possibility of zoning, and the influence of the Governor’s Advisory Council, GAC, of the APC. As far as the citizens of Lagos State are concerned, though, the only consideration that matters, as far as 2007 is concerned, is the socio-economic progress of the state and who can best deliver it in an effective and timely manner. In that spirit, their wish can only be: May the best man win. • Keem Abdul, publisher and writer, hails from Lagos. He can be reached via +2348038795377 or Akeemabdul2023@gmail.comThe so-called “offseason” in college football is one of the sport’s biggest dilemmas. It’s a problem that lacks a clear solution. The latest effort to fix it, or at least improve it, arrived this week: Making the early signing period even earlier. Michael Lev is a senior writer/columnist for the Arizona Daily Star , Tucson.com and The Wildcaster . It used to land on the third Wednesday of December. Now it begins on the first one. "It's the worst recruiting calendar that's ever been made," Pitt coach Pat Narduzzi told reporters earlier this season. When I talked to Arizona coaches and General Manager Gaizka Crowley at the Wildcats’ National Signing Day event Wednesday, I expected to hear similar complaints. None were forthcoming. Pitt head coach Pat Narduzzi, shown vs. Clemson on Nov. 16, believes the current December logjam in college football has created "the worst recruiting calendar that's ever been made." It might have something to do with the DNA most college football coaches and front-office personnel possess: They’re workaholics. The only gripe came from running backs coach Alonzo Carter, who lamented the mandatory recruiting “dead period” that runs from Dec. 2-8 — preventing coaches from going on the road to visit prospects and attend high school championship games. In other words, more work. The flaw in college football’s so-called offseason schedule is that, for the majority of the schools, it occurs while the season is still going. Eighty-two of the 133 eligible FBS teams still have postseason games to play, starting with this weekend’s conference title tilts and running through the national championship game on Jan. 20. Meanwhile, the early signing period ran from Dec. 2-4, and the first transfer-portal window — the most important one — runs from Dec. 9-28. What other sport conducts its offseason during the season? School ties The main reason the calendar falls this way is that inconvenient impediment known as school — specifically, the desire for incoming freshmen and transfers to enroll in winter so they can get used to their new surroundings, start training and participate in spring football. If the early signing period were nixed and we went back to the old ways — a singular National Signing Day on the first Wednesday of February — it wouldn’t be possible for freshmen to enroll in time. Likewise midyear transfers. (In Arizona’s case, the spring semester starts Jan. 15.) College football analyst Max Browne, via social media , suggested a “grace period” that would enable newcomers to enroll in February and make up the schoolwork they missed. It’d be clunky but not impossible, especially with so much instruction now available online. As Browne also suggested, school administrators “need to get on board with the changing times.” Football players (among others) are about to be paid directly by schools via revenue-sharing. Yet they’re still considered student-athletes and subject to the same rules as the rest of the student body. Veering away from that would put college athletics on an extremely slippery slope. One could argue we’re already there. Arizona coach Brent Brennan celebrates a review that eventually ruled Texas Tech had fumbled and the Wildcats recovered in the third quarter of their Big 12 game on Oct. 5, 2024, at Arizona Stadium. UA coach Brent Brennan views midyear enrollment as a “catch-22.” On the one hand, players such as receivers Isaiah Mizell and Gio Richardson — who signed Wednesday and will be arriving in January — get a several-months-long head start on classwork and weight training, plus 15 spring practice sessions. On the other hand, they and countless others miss out on senior prom and other activities that make the last semester of high school “magical” (Brennan’s word) and memorable. Could college football survive without midyear enrollment? Of course. It didn’t used to be a thing. But I doubt it’s a sacrifice that coaches would be willing to make. In a conversation with UA linebackers coach (and former New Mexico head coach) Danny Gonzales, I suggested moving at least the portal period back to either the day after the national championship game or after spring football. Gonzales quickly shot that down. Arizona linebackers coach Danny Gonzales, far right, shown during spring football practice in March 2024. “If you have to keep a kid until February that you absolutely know is not going to be on your roster, you're not serving anybody,” Gonzales said. “If they know they're not gonna be somewhere, and they have to stay somewhere, you're gonna create a ton of problems, both amongst your current team (and) with guys that are half-in, doing nonsense. Kids that age, when they're bored, what do they do? They get in trouble. So now you're gonna have to deal with those issues, as well.” Point taken. Gonzales did offer an alternative to the early signing period: Staging it before the season. Other sports, such as baseball and softball, do it this way. But it’s problematic for football, where players — in particular linemen — often develop at their own pace. Two of Arizona’s late additions were products of senior-tape evaluation: offensive lineman Jaxon Griffin and defensive back Kason Brown. “The senior eval to us will always be a critical piece,” Crowley said. “We evaluate every one of our commitments and tons of guys who are not committed. Miller Moss (7) is one of two USC quarterbacks to enter the transfer portal, leaving the Trojans with only one scholarship QB for their upcoming bowl game. “You'll be surprised how many guys are like that that turn out to be really good players.” Crowley said moving the signing period to August “would be like if the NFL drafted kids a year before they were done playing.” So yeah, scratch that one. Acceleration situation In lieu of preseason or postseason options, we have this multicar pileup where game prep, the early signing period and the portal overlap and cause all sorts of issues. For example: USC’s second- and third-string quarterbacks have entered the portal, leaving the Trojans with only one scholarship QB , Jayden Maiava, for their bowl game. Or how about this hypothetical: Let’s say Desireé Reed-Francois had decided to move on from Brennan. Doing so likely would have nuked Arizona’s signing class, leaving the Wildcats without a full class for two straight cycles — a devastating proposition for a school like the UA, even in the portal era. Gus Malzahn, shown during warmups before the UCF-Arizona game on Nov. 2, recently resigned, leaving the Knights without a head coach for the early signing period. Two Big 12 schools have head coach openings. One of them is UCF, where Gus Malzahn resigned to become the offensive coordinator at Florida State. The Knights have the fewest commitments and signees of any school in the conference. Any coaching maneuvers require an accelerated timeline because of the portal, which is akin to speed dating. Just as Arizona, in the interest of keeping the roster together, had to act fast to hire Brennan in January, so too does Brennan in hiring new coordinators with the portal floodgates about to open. The ironic twist for programs such as Arizona that didn’t qualify for postseason play is that they’re actually at an advantage this time of year: They don’t have games to worry about. “We've already had a full week of nothing but scouring some tape and having a plan ready for when Dec. 9 and 10 comes,” Gonzales said. It’s almost like pro sports, where the worst teams get the highest draft picks. Meanwhile, other teams will be playing deep into January under the new CFP format. Any portal activity could result in bruised egos and locker-room angst among current players expecting to return next season. Of course, Arizona isn’t striving for a less-cluttered calendar. The goal is to compete for championships or, at a minimum, to play in bowl games. Multitasking beats the alternative. Besides, as Crowley pointed out, recruiting is never-ending. It has no offseason. “We talk about that all the time in the office: You can't coach or recruit; you can't recruit or coach; you gotta do both,” Crowley said. “(It) doesn't matter whether you're in the summer, in July, when you got a couple days off. Recruiting doesn't stop.” Contact sports reporter/columnist Michael Lev at mlev@tucson.com . On X (Twitter): @michaeljlev. On Bluesky: @ michaeljlev.bsky.social Respond: Write a letter to the editor | Write a guest opinion Subscribe to stay connected to Tucson. A subscription helps you access more of the local stories that keep you connected to the community. Be the first to know Get local news delivered to your inbox! Sports Reporter/Columnist
As the end of the college football season approaches, many teams are beginning to eye which bowl they will be playing in. It also marks the time when coaches that have not met expectations are being fired. The list of fired coaches is already long and growing, likely to be in line with the number of coaches who changed schools or positions in 2023. The schools affected included several from the Bowl Championship Series. Mack Brown, the University of North Carolina coach, was let go on Nov. 26. His record of 44-33 over six seasons during his most recent tenure at North Carolina was respectable. He also took his team to bowl games every season, though his 1-4 record in these games was less than stellar. Neal Brown, the West Virginia Mountaineers coach, was let go on Dec. 1. His record of 37-35 over six seasons, with three bowl game appearances (and a 2-1 record), was insufficient to keep his job. Speculations on his successor abound, with former Mountaineer coach Rich Rodriguez certainly in the mix. Ryan Walters, the Purdue Boilermakers coach, was also let go on Dec. 1. His record of 5-19 over just two seasons, including season-ending embarrassing losses to Notre Dame and Indiana, likely played into his dismissal. Before feeling sorry for these men, they will all receive handsome buyouts. Neal Brown will walk away with nearly $10 million. Walters will take home over $9 million. Mack Brown will receive a rather modest $2.8 million. What gets forgotten at these times are the students who had developed close ties to these men. Given how the transfer portal functions, many will look for a new school next season, possibly following their fired coach to his new home. This benefited Indiana this season, when first-year coach Curt Cignetti was able to attract several of his best players from James Madison University where he previously coached. There are a number of issues that should be addressed when coaches are fired and paid ridiculous amounts of money for not coaching. These figures not only top faculty salaries, they are well over the salaries earned by every university president and chancellor. The UNC chancellor, Lee Roberts, takes home around $600,000. Gordon Gee, the chancellor of West Virginia University, has a base salary of $800,000. Mung Chiang, president of Purdue, has a salary over $600,000. Yet none of these high-ranking university official salaries come close to the buyouts for the dismissed coaches. It is common knowledge that big-time college sports involve big-time money. That is why the major television networks pay billions of dollars for the rights to broadcast high profile games involving teams in high profile conferences. So who will pay for these buyouts? The simple answer is all of us. Television contracts are paid for by advertisers. The cost of these advertisements is recouped in the products and services that we purchase. People who never watch a football game are paying for some of these buyouts. When buyouts, let alone salaries paid to employed coaches, become excessive, one must begin to question whether the “tail is (inappropriately) wagging the dog?” Athletic departments often argue that they are self-sustaining, not using general university funds targeted for education. Research suggests that this is not the case. Athletic departments also argue that college sports build school spirit and alumni engagement. The question is at what price are such benefits accrued. Without revenue sports like football and basketball, the professional leagues would need to spend a significant amount of money to build minor league systems to keep their talent pipelines stocked. Names, Images and Likeness (NIL) endorsements have made these revenue sports into minor league feeder systems. Some college students are now earning millions of dollars for being a student and playing on the school team. Of course, such high-profile athletes are the exception, not the rule, with most student-athletes earning a few thousand dollars. What has become clear is that in high profile revenue sports, student athletics are no longer about students. They are about a financial arms-race that has driven coach salaries and performance expectations ever higher. When Ryan Day, the Ohio State football coach lost to Michigan for the fourth consecutive year, speculation about his dismissal abounded. Fortunately, he was given a vote of confidence by the institution. Nearly every school would welcome him on their sidelines if Ohio State was foolish enough to listen to their vocal fans and fire him, given his 66-10 record since 2018 and five top-10 rankings in the final Coaches and AP polls. Athletics has a place on college campuses. Yet the financial optics tarnish its image. Most turn a blind eye, hoping to win this financial athletic arms race with national championships. Yet with only one national champion crowned each year, nearly all schools end up disappointed, except perhaps the coaches who end up being let go. They walk away with a treasure trove for failing to meet unrealistic expectations in a no-win situation.
SAN DIEGO, Nov. 23, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of ASML Holding N.V. (NASDAQ: ASML) ordinary shares between January 24, 2024 and October 15, 2024, inclusive (the “Class Period”), have until January 13, 2025 to seek appointment as lead plaintiff of the ASML class action lawsuit. Captioned City of Hollywood Firefighters’ Pension Fund v. ASML Holding N.V. , No. 24-cv-08664 (S.D.N.Y.), the ASML class action lawsuit charges ASML as well as certain of ASML’s top current and former executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the ASML class action lawsuit, please provide your information here: https://www.rgrdlaw.com/cases-asml-holding-n-v-class-action-lawsuit-asml.html You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com . CASE ALLEGATIONS : ASML develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. The ASML class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) the issues being faced by suppliers, like ASML, in the semiconductor industry were much more severe than defendants had indicated to investors; (ii) the pace of recovery of sales in the semiconductor industry was much slower than defendants had publicly acknowledged; and (iii) defendants had created the false impression that they possessed reliable information pertaining to customer demand and anticipated growth, while also downplaying risk from macroeconomic and industry fluctuations, as well as stronger regulations restricting the export of semiconductor technology, including the products that ASML sells. The ASML class action lawsuit further alleges that on October 15, 2024, ASML announced that it: (i) recorded quarterly booking of only €2.63 billion – a 53% decline from €5.6 billion in the second quarter of 2024; (ii) expected full year 2025 net sales to be between €30 billion and €35 billion, in the lower half of ASML’s initial range of between €30 billion and €40 billion; and (iii) materially reduced its gross margin target to between 51% and 53%, down from its prior guidance of between 54% and 56%. On this news, the price of ASML stock fell more than 16%, according to the complaint. Then, on October 16, 2024, during the accompanying earnings call, the ASML class action lawsuit alleges that ASML’s CFO, defendant Roger Dassen, attributed the poor bookings results to “a reflection of the slow recovery in the traditional [semiconductor] end markets as customers remain cautious in the current environment.” Additionally, ASML’s CEO, defendant Christophe Fouquet, admitted that the semiconductor industry “recovery will extend well into 2025,” leading to “a reduced growth curve in 2025 and an . . . overall reduction of our lithography demand,” according to the complaint. The ASML class action lawsuit alleges that on this news, the price of ASML stock fell more than 6%. THE LEAD PLAINTIFF PROCESS : The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired ASML ordinary shares during the Class Period to seek appointment as lead plaintiff in the ASML class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the ASML class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the ASML class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the ASML class action lawsuit. ABOUT ROBBINS GELLER : Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud cases. Our Firm has been #1 in the ISS Securities Class Action Services rankings for six out of the last ten years for securing the most monetary relief for investors. We recovered $6.6 billion for investors in securities-related class action cases – over $2.2 billion more than any other law firm in the last four years. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information: https://www.rgrdlaw.com/services-litigation-securities-fraud.html Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Contact: Robbins Geller Rudman & Dowd LLP J.C. Sanchez, Jennifer N. Caringal 655 W. Broadway, Suite 1900, San Diego, CA 92101 800-449-4900 info@rgrdlaw.comWake Forest 67, Detroit 57
Colby Rogers made 6 of 9 3-pointers and scored 28 points as host Memphis defeated No. 16 Ole Miss 87-70 on Saturday afternoon. Rogers fouled out and finished one 3-pointer and one point short of his career-highs in both categories and Memphis never trailed. PJ Haggerty added 17 points, Dain Dainja had 16 and Moussa Cisse, an Ole Miss transfer who's in his second stint with the Tigers (10-3), had 13 points and 11 rebounds. Sean Pedulla scored 13, Jaylen Murray had 12 and Malik Dia added 11 to lead the Rebels (11-2), who had won their last five games. Memphis scored the first five points of the second half to increase its lead to 43-36. Pedulla made a layup for Ole Miss' first points, but Nicholas Jourdain made consecutive field goals to push the lead to nine. Mikeal Brown-Jones made two free throws for the Rebels before Haggerty made a 3-pointer and Cisse added a tip-in for a 52-40 lead. Pedulla made a jumper before Brown-Jones was ejected for committing a Flagrant 2 foul. Haggerty made both of the technical free throws and Rogers added two 3-pointers to push the lead to 16. Ole Miss got within 11 points four times, but couldn't get any closer until Matthew Murrell's dunk trimmed the lead to 76-67 with five minutes remaining. Rogers answered with a 3-pointer and Dainja added two field goals to increase the lead to 16. Murray made a free throw, but the Rebels didn't make a field goal during the final 5:32. The Tigers scored the first four points of the game and Haggerty had four as they opened a 9-2 lead. The Rebels made consecutive field goals before Memphis scored eight straight points for a 17-6 lead. Eduardo Klafke made a 3-pointer to end the run, but Rogers' 3-pointer helped the Tigers increase the lead to 27-14. Ole Miss scored the next seven points before Cisse's basket ended the run. The Rebels closed within four points four times Brown-Jones made two free throws to trim the lead to 38-36 at halftime. --Field Level MediaArsenal beat Ipswich to go second in EPL
After hitting bottom post-pandemic, Bangkok's condo market is set to rebound next year, with projects in outer areas continuing to perform well as existing stock is depleted because of price reductions by developers. Sumitra Wongpakdee, managing director of property researcher Terra Media and Consulting, said the market across all price segments showed signs of recovery, though it is unlikely to reach pre-pandemic levels. "Absorption rates are bottoming out after hitting the low point in 2021–22," she said. "The primary factor driving this trend is the depletion of existing stock, as new supply in all segments has sharply declined." However, growth is expected to be gradual rather than steep as purchasing power remains weak, dampened by high mortgage rejection rates, said Ms Sumitra. The best-performing segment will be the mass market, with prices ranging between 80,000 and 150,000 baht per square metre, she said. This segment had the highest growth in average absorption rates from 2021 to the third quarter of 2024, increasing 7% per year. The absorption rate in the first nine months of 2024 for the mass segment rose to 11.6 units per project per month, up from 10.6 in 2023 and a low of 8.8 in 2022. The luxury segment, with prices of 200,000 baht per sq m and higher, had the second-largest growth rate, rising 6% annually. The absorption rate increased to 3.9 units per project per month in the first three quarters, up from 3.6 in 2023 and 3.0 in 2022, which was the lowest year for this segment. The economy segment, priced at 80,000 baht per sq m and lower, had a 5% annual increase in absorption rates. However, in the first nine months of 2024, the absorption rate dropped to 11.3 units per project per month from 12.8 in 2023, which rose from 10.4 in 2022. The premium segment, ranging between 150,000 and 200,000 baht per sq m, had the slowest growth, with an average absorption rate increase of only 1% per year. The absorption rate rebounded to 4.6 units per project per month in the first nine months of 2024, up from a low of 3.9 last year. This segment declined to 4.6 in 2021 from 6.4 in 2020 after peaking at 9.9 in 2019. "This trend, where the mass market outperforms other segments, will likely continue in 2025," Ms Sumitra said. "The majority of this segment will be in locations far from mass transit, but outer areas have affordable prices amid weak purchasing power." In the first nine months of 2024, new condo supply in the economy segment tallied 13,000 units, compared with 26,000 units in 2023 and 34,000 units in 2022. The lowest level in recent years was 16,000 units in 2021. The mass segment had 14,000 new units launched for the period, compared with 18,000 in 2023 and 20,000 in 2022. This segment expanded from only 8,000 units in 2021. The premium segment had the lowest new supply, with only 600 units launched in the first nine months of 2024, compared with 3,100 units in 2023. However, its low point was in 2020, with only 400 units introduced. "The decline in condo stock this year was driven by limited new supply and steady sales in certain segments," she said. "A key driver was developers' willingness to lower prices to meet revenue targets and maintain cash flow, at the expense of reduced profits."Asana Stock Becomes An AI Play (Ratings Downgrade)
A man has been charged with racially abusing a takeaway worker and assaulting three officers A man has been charged with racially abusing a takeaway worker and assaulting three police officers. Merseyside Police officers were called to the Torino's on Stanley Road in Kirkdale at around 7.50pm yesterday (Friday, December 27) following a report of a man becoming aggressive with staff and damaging property inside the takeaway. Three officers attended the business before being punched and spat at when they attempted to detain the suspect. Sebastian Kulik, 34 years, of Daisy Street, Kirkdale was arrested following the incident and has now been charged with eight offences: One count of racially/religiously aggravated fear/provocation of violence by words One count of using threatening/abusive/insulting words or behaviour with intent to cause fear of/provoke unlawful violence Two counts of criminal damage Three counts of assault of an emergency worker One count of obstructing /resisting a constable in the execution of their duty He has been remanded into custody to appear at Liverpool Magistrates Court on Monday, December 30. Detective Chief Inspector Ben Wayment said: “We will never tolerate abuse motivated by hate against anyone, anywhere in Merseyside. “We deal with all reports of hate crime with compassion and sensitivity, acting on all information to bring offenders to justice and I would encourage anyone who has been a victim of hate crime or witnessed it to contact us. Our officers turn up for work every day committed to protecting the people of Merseyside, and acts of violence committed against them while they are trying to keep others safe is simply never acceptable.” If you have information on hate crime, please contact Merseyside Police social media desk via X @MerPolCC. You can also call 101 or contact the independent charity Crimestoppers anonymously, on 0800 555 111 or via their online form at: https://crimestoppers-uk.org/give-information/give-information . If, for any reason, you do not wish to report a hate crime to the police, the independent charity Stop Hate UK to run a 24/7 confidential helpline for all victims of hate crime on 0800 138 1625 or www.stophateuk.org . You can also download the Stop Hate UK reporting app on Google Play or the Apple App Store. Across Merseyside, there is also a number of third-party reporting centres including fire stations, citizens advice bureaus and hospitals. A list of locations can be viewed here: merseyside-third-party-hate-crime-reporting-centres.pdfUC gives CELE topnotcher a car
Swissotel Poiana Brașov offers quiet luxury experience and signals brand direction in Romania and region
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