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TORONTO (AP) — Prime Minister Justin Trudeau told Donald Trump that Americans would also suffer if the president-elect follows through on a plan to impose sweeping tariffs on Canadian products , a Canadian minister who attended their recent dinner said Monday. Trump threatened to impose tariffs on products from Canada and Mexico if they don’t stop what he called the flow of drugs and migrants across their borders with the United States. He said on social media last week that he would impose a 25% tax on all products entering the U.S. from Canada and Mexico as one of his first executive orders.“We’ve always been a rock group, The Beatles”: How the White Album sowed the seeds for music’s entire future

Assembly Election Results: MVA's poor performance, Uddhav's party limited to 21 seats, Sharad's NCP on 10President-elect Trump calls for ‘immediate ceasefire’ in Ukraine after meeting Zelenskyy in Paris

‘Solidarity Forever’: Biden-Harris EPA Weighs Awarding Taxpayer Dollars To Nonprofit That Wants To Defund The PolicePHILADELPHIA – Saquon Barkley knew the Eagles season rushing record could be his on Sunday with the type of stellar performance that has become the standard during his first season in Philadelphia. As for the exact moment Barkley hit the milestone, he wasn't sure — until the “MVP!” chants echoed throughout the Linc after a 9-yard run in the fourth quarter . Recommended Videos “The records are great, they put a smile on your face,” Barkley said, “but the season is far from over.” Needing 109 yards to break LeSean McCoy's record, Barkley rushed for 124 yards and pushed his season total to 1,623 in a 22-16 victory over Carolina . Barkley needed just 13 games to pass McCoy, who rushed for 1,607 yards in 2013. He also overtook Wilbert Montgomery, who had 1,512 yards in 1978. “I never wrote the goal down to break it,” Barkley said. “You're always aware of it. That's how I train. That's how I operate in the offseason. I want to be great.” Barkley also maintained his pace to break Eric Dickerson’s NFL single-season rushing record of 2,105 yards, set in 1984 with the Los Angeles Rams. “That would be extremely cool to do,” Barkley said. “If it happens, it happens, and not with the mindset of, I'm scared to go try to do it. Whatever it takes to win football games.” Barkley is averaging 124.8 yards per game. At that pace and with one more game to play than Dickerson, he would become the top single-season rusher in NFL history. He needs 483 yards yards over the final four games to top Dickerson’s 40-year-old record. He averaged 6.2 yards on 20 carries against the Panthers to help the Eagles win their ninth straight game. McCoy, who was inducted into the team's Hall of Fame this season, remains the franchise’s rushing leader with 6,792 yards. Referencing his old uniform number, McCoy congratulated Barkley on social media with “a lot of love, coming from 2-5." “Being a fan of Shady's growing up, and seeing the spectacular things he was able to do with the ball in his hand, to be able to have my name mentioned with him definitely means a lot,” Barkley said. Barkley left the New York Giants in the offseason and signed a three-year deal worth $26 million guaranteed to join the Eagles, who made him the highest-paid running back in franchise history. The 27-year-old has been worth every dollar. Barkley is among the favorites for league MVP, according to BetMGM Sportsbook. Buffalo Bills quarterback Josh Allen was the only player with better MVP odds entering Sunday. Barkley has a franchise-record nine 100-yard rushing games in a season. Although he was held out of the end zone Sunday, he began the day leading the league with four rushing touchdowns of 25-plus yards. Barkley, the No. 2 overall pick in the 2018 NFL draft, topped 1,000 yards three times in his six seasons with the Giants. He finished with 1,312 rushing yards and 10 touchdowns in 2022 and rushed for 1,307 yards and 11 scores as a rookie. Eagles general manager Howie Roseman, who had been unwilling to spend on elite running backs, pounced on Barkley and the decision was celebrated as a success in Philly from the first game of the season. Barkley rushed for two scores and caught a TD pass in the opener against Green Bay. His three touchdowns were the most by an Eagles player in his debut since Terrell Owens in 2004. Barkley only soared in production and popularity from there, his highlight reel stamped by a reverse leap over the head of a Jacksonville defender last month. He's since vaulted over every running back ahead of him on the Eagles rushing list — and has a chance at NFL history. ___ AP NFL: https://apnews.com/NFL

In the last two years, artificial intelligence (AI) has attracted more investment interest than any other theme. To me, the real start of the AI frenzy was November 30, 2022. That's the day OpenAI released ChatGPT to the world. Since then, the S&P 500 index ( ^GSPC -0.00% ) has gained 49% while the tech-heavy Nasdaq Composite ( ^IXIC 0.12% ) has surged by 75% (as of market close on Dec. 11). During times like these, it is easy for investors to fall into the trap of bubble psychology, believing that the market will continue to go up in perpetuity. A related topic for this phenomenon is called the Greater Fool Theory -- an idea that explores the notion of investors paying a premium for assets because they think prices will continue appreciating, causing someone else (the greater fool) to pay even more. In the piece below, I'm going to break down how influential megatrends have fared in years past. I will also examine historical capital market performance after similar periods of rapid growth. Could AI stocks be on the cusp of breaking out even further in 2025, or are you about to become the Greater Fool? Let's find out. Focused view: How have recent megatrends fared? In my opinion, the last big megatrend before AI mania was the introduction of blockchain technology . A simple explanation for blockchain is to think of it as a giant ledger for transactions. While there are myriad use cases for blockchain, two of the more common applications sit in the worlds of cryptocurrency and fintech. Although the idea of blockchain has been floating around for decades, I'd argue that the technology only became mainstream over the last 10 years or so. In the chart below, I've benchmarked a number of blockchain exchange-traded funds (ETF) against the S&P 500 and Nasdaq over the last several years. BLOK data by YCharts . As you can see, the Amplify Transformational Data Sharing ETF actually performed relatively on par with the Nasdaq and even outpaced the S&P 500 since 2018. Moreover, the First Trust Indxx Innovative Transaction & Process ETF 's return of 59% is quite impressive in its own right. Let's take a look at what is actually in these ETFs before jumping to the conclusion that blockchain is a superior opportunity to that of the broader market. Amplify Transformational Data Sharing ETF: According to the fund's website, some of the ETF's largest holdings include Core Scientific , Galaxy Digital Holdings , Coinbase , MicroStrategy , Robinhood , and PayPal . The biggest outlier on this list, by far, is MicroStrategy -- which has gained nearly 3,000% since January 2018. The primary reason for MicroStrategy's surge is due to the company's adoption of Bitcoin on its balance sheet. In other words, if the price of Bitcoin appreciates, shares of MicroStrategy tend to follow suit. First Trust Indxx Innovative Transaction & Process ETF: According to the fund's website, some of the ETF's largest holdings include JD.com , Baidu , Alibaba , Intel , Micron , and Advanced Micro Devices . What's a little ironic about this one is that many of the stocks listed above have negative returns since the beginning of 2018. But similar to MicroStrategy's outlier influence explored above, AMD's gain of nearly 1,200% over the last several years (thanks in large part to AI) has helped the overall performance of this ETF. Big picture view: What does history tell us? In addition to exploring megatrends, I think it would also be worthwhile to assess the historical performance of the capital markets in a broader sense. While AI is a ubiquitous technology that can serve all industries, the majority of stocks that have gained so far from the movement reside in the technology realm. For this reason, I will first be looking at how the tech-centric Nasdaq Composite index has fared over the years. Since its inception in 1971, the Nasdaq has only generated consecutive years of negative returns on two occasions. Of note, this has not occurred in over 20 years. This dynamic suggests that the Nasdaq should continue gaining in 2025. Below, I've shown the respective gains between the S&P 500 and Nasdaq Composite since the beginning of the current bull market (Oct. 12, 2022). With a chart like that, I wouldn't be surprised if you're at least considering trimming some exposure to equities. After all, how much higher can the markets actually climb? ^IXIC data by YCharts . Well, apparently the answer is much higher. Generally speaking, the S&P 500 continues to soar both in the near term and long term after reaching an all-time high (such as now). It's a mixed bag Given the details above, I'd say investing in any given megatrend is a mixed bag. While there have been some winners in blockchain, such cases were few and far between. And candidly, the two outliers I explored (AMD and MicroStrategy) are not inherently blockchain specialists. Moreover, timing was also a big factor in whether or not you made any money in these funds or the individual stocks that comprise them. Although I would not say that blockchain is a "bad" investment per se, I wouldn't necessarily encourage investors to buy shares in many of the stocks I specifically called out above. While past performance is not a guarantee of future results, history is giving us a pretty clear indication that the Nasdaq and S&P 500 should keep moving up throughout 2025 . My takeaway from the analysis explored here is that while the markets will likely rise next year, not all megatrends or the companies involved with them are created equal. If you want to invest in AI stocks, I'd encourage buying shares in players that are already established or passive index funds that hold more mainstream opportunities as opposed to speculating on what stock could be the next to break out.Attorney-General Mark Dreyfus has opted not to go as far as to label the Melbourne synagogue firebombing a terrorist attack, despite Prime Minister Anthony Albanese stating he believes it was an act of terrorism. Albanese told reporters in Perth on Sunday: “If you want my personal view, quite clearly terrorism is something that is aimed at creating fear in the community, and the atrocities that occurred at the synagogue in Melbourne clearly were designed to create fear in the community and, therefore, from my personal perspective, certainly fulfil that definition of terrorism.” Dreyfus was more conservative, saying while he thought the prime minister was “right”, he would defer the decision around the formal technical description to the police. He told ABC Breakfast that the firebombing caused “distress and fear in the Jewish community in Melbourne”, but when asked if he believed it was an act of terrorism, Dreyfus avoided using the term. “I’ll be waiting to hear more from Australian Federal Police and Victoria Police after their meeting today,” he said. “I’m the minister for the Australian Federal Police. I think it’s always important that we let police do their work. We let Commonwealth agencies who are assisting Victoria Police in their work to do just that and let them make the announcements.” Dreyfus clarified that he thought Albanese’s comments yesterday were “right” because he was recognising the “fear and distress” Melbourne’s Jewish communities. “I feel the same set of emotions, he’s recognising that.” Dreyfus also noted that the Australian Federal Police and Victoria Police will meet today, with further developments expected from the meeting. ANZ chief Shayne Elliott will announce his resignation this week after nine years in the job, according to . The AFR said the announcement could come as soon as Monday. His exit would mean three of the country’s big four banks will have had changes at the top this year, following Westpac and NAB. Earlier this year, ANZ’s $4.9 billion deal to buy Suncorp’s banking arm was given the green light by Treasurer Jim Chalmers. ANZ has also been dealing with several internal issues – including a bonds trading scandal that is the subject of a regulatory investigation. The AFR reports that the bank is set to look externally for Elliott’s replacement. Voters have slashed their core support for federal Labor to a new low of 27 per cent amid a deepening dispute over the cost of living, backing the Coalition to deliver more help to households over the next three years. In a rebuff to Prime Minister Anthony Albanese, the latest Resolve Political Monitor shows that 56 per cent of voters have rejected his – “we have your back” – after years of pressure on family budgets. The survey also reveals that 59 per cent of voters believe they are worse off than when Labor came to power at the last election, with only 13 per cent feeling better off. Asked to name the party and leader most likely to make them better off over the next three years, Australians backed Dutton and the Coalition over Albanese and Labor by 36 to 27 per cent. Meanwhile, the latest Newspoll published by , also spelled trouble for Labor, with Albanese found to be the weakest prime minister Australia has seen in the 16 years the poll has tracked the “strong and decisive” rating. Opposition Leader Peter Dutton is considered to be the stronger and more decisive leader, according to the poll. However, Albanese was still ranked as less arrogant than Dutton and remains the preferred prime minister. Ousted Syrian President Bashar al-Assad fled to Moscow on Sunday, Russian media reported, hours after a stunning rebel advance took over the capital of Damascus and ended the Assad family’s 50 years of iron rule. The Russian agencies, Tass and RIA, cited an unidentified Kremlin source on Assad and his family being given asylum in Moscow, his longtime ally and protector. The Associated Press was not immediately able to verify the reports but contacted the Kremlin for comment. RIA also said Moscow had received guarantees from Syrian insurgents of the security of Russian military bases and diplomatic posts in Syria. Assad reportedly left Syria early Sunday, and Syrians have been pouring into streets echoing with celebratory gunfire after a stunning rebel advance reached the capital, ending the Assad family’s 50 years of iron rule. Good morning and welcome to the national news blog from and My name is Josefine Ganko, and I’m at the helm of our live coverage for the first half of the day. It’s Monday, December 9. Here’s what you need to know this morning.

Closing marks second significant acquisition from RA Capital's Raven incubator in 2024, and first acquisition of a company built by Raven from a technology platform in-licensed from a large pharmaceutical company Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. Top trending stories from the past week. News, Sports, and more throughout the week. The week's obituaries, delivered to your inbox.RENO, Nev., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (“Ormat” or the “Company”), a leading geothermal and renewable energy technology company, announced today the commencement of an underwritten secondary offering of an aggregate of 3,700,000 shares of its common stock on behalf of ORIX Corporation. Ormat is not offering any of its common stock in the offering for its own account and will not receive any proceeds from the sale of the shares being offered by the selling stockholder. Goldman Sachs & Co. LLC is acting as the sole book-running manager and underwriter for the offering. Goldman Sachs & Co. LLC will have a 30-day option to purchase up to an additional 555,000 shares of Ormat’s common stock from ORIX Corporation. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. The offering is being made pursuant to an automatically effective shelf registration statement on Form S-3 filed with the U.S. Securities and Exchange Commission on December 11, 2024. The offering may be made only by means of a base prospectus and a related prospectus supplement, copies of which may be obtained by contacting c/o Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, or by telephone at (866) 471-2526, or email at prospectus-ny@ny.email.gs.com . ABOUT ORMAT TECHNOLOGIES With over five decades of experience, Ormat Technologies, Inc. is a leading geothermal company and the only vertically integrated company engaged in geothermal and recovered energy generation (“REG”), with robust plans to accelerate long-term growth in the energy storage market and to establish a leading position in the U.S. energy storage market. The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and high-temperature heat into electricity. The Company has engineered, manufactured and constructed power plants, which it currently owns or has installed for utilities and developers worldwide, totaling approximately 3,400MW of gross capacity. Ormat leveraged its core capabilities in the geothermal and REG industries and its global presence to expand the Company’s activity into energy storage services, solar Photovoltaic (PV) and energy storage plus Solar PV. Ormat’s current total generating portfolio is 1,500MW with a 1,230MW geothermal and solar generation portfolio that is spread globally in the U.S., Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe, and a 270MW energy storage portfolio that is located in the U.S. FORWARD-LOOKING STATEMENTS Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements concerning the completion of the offering. Actual future results may differ materially from those projected as a result of certain risks and uncertainties and other risks described under “Risk Factors” as described in Ormat’s annual report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on February 23, 2024, and in Ormat’s subsequent quarterly reports on Form 10-Q and annual reports on Form 10-K that are filed from time to time with the SEC. These forward-looking statements are made only as of the date hereof, and, except as legally required, Ormat undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

A range of independent TDs are contemplating the prospect of entering Ireland’s next coalition government as Fianna Fail and Fine Gael consider ways to secure a solid majority. 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%.Minority extremist forces aided UDF victory in Palakkad, allege LDF, BJP


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