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Up to 200,000 people are owed refunds from HECS changes. Here's why they haven't had them yet

New Brunswick's child and youth advocate has delivered a mostly failing grade to the provincial government's work on recommendations in 2021 to address mental health issues among First Nations youth. In a report released Monday morning, Kelly Lamrock calls the government's efforts "lacklustre," concluding that it took no action on 12 of the 20 recommendations and only "somewhat implemented" the eight others. He told reporters that the response has been "profoundly underwhelming." Lamrock called for a "nation-to-nation" approach to the issue, including co-management by the province and First Nations governments of funding for mental health services. "At some point one either accepts that we need a distinct process to deal with the crisis in First Nations communities or we do not," Lamrock said. "And that dividing line really animates the report. My submission respectfully to the legislature is we do, and we have not had one." He noted that young Indigenous people are almost eight times as likely to take their own lives as other New Brunswick youth. "Anybody that thinks you can simply attack this problem by saying 'take the strategy for the whole province and add Aboriginal people' probably has not reflected long enough on the very unique causes and very unique challenges in First Nations communities." Lamrock asked government departments for an accounting of their work on the proposals submitted by a First Nations advisory council to his predecessor Norm Bossé, as part of the advocate's broader review of suicide prevention and youth mental health services. He said the responses "do not meaningfully address the substance of the recommendations," often equating the creation of committees — or just the discussion of who might sit on committees — with concrete actions. "In several cases it appears that authorities are providing unrelated or tangential responses as a means to avoid rejecting the recommendations," he wrote. "This indicates both a failure of the authorities to address the issue and a failure to take accountability for their inaction." Lamrock's report makes five new recommendations that he says are intended to "kickstart this process after three lost years," including a "nation-to-nation" agreement with First Nations for the co-management of funding for youth mental health services. Roxanne Sappier, who co-chaired the advisory council for Bossé's report, said she was hopeful the proposals would spark movement. "The lack of action means that our youth are suffering, that we're not meeting the needs of our families in our communities, and that has huge, huge costs," she said. In a statement, Rob McKee, the Liberal minister responsible for mental health and addiction services, said "a number of initiatives are underway ...and are in various stages of implementation" — the kind of phrasing that Lamrock's report criticized.. McKee's statement said that includes creating programs that are "culturally safe" for Indigenous people, but he did not mention the idea of co-managing funding. Lamrock also called for clearer accounting of federal funds transferred to the province for First Nations mental health to ensure it's being spent properly and the creation of clear indicators for measuring progress. He was reluctant to discuss whether the previous Progressive Conservative government of Blaine Higgs was to blame or whether the new Liberal government of Premier Susan Holt would make a difference. His job, he said, was to report to the legislature — meaning 49 MLAs from three different parties — and leave it to them to hold specific politicians accountable. "My job is to say what has come out of the department, and it's nothing." Roxanne Sappier, who co-chaired the advisory council for Bossé's report, says they've been waiting 'a long, long time' for gains to be made. (Mikael Mayer/Radio-Canada) But Sappier said she believes the attitudes of those holding political power can't be ignored. "It's been very challenging without that support from the top. So we're really hopeful that now that we do have mandates from this government supporting this work, that we will make some gains that we've been waiting for for a long, long time," she said. Progressive Conservative MLA Rob Weir, who was first elected in October and who worked as a political assistant in the PC government, was reluctant to say why so little progress had happened. "I can't answer that because I was not in the room," he said. PC MLA Rob Weir, who was first elected in October, was reluctant to say why so little progress had happened. (Jacques Poitras/CBC) "I will guarantee that moving forward, I will be an advocate for paying attention to the issues that we have and solving the problems moving forward." Green Party leader David Coon said the Higgs government was clearly responsible for the inaction, "but they're gone," and he called on the legislature's social policy committee to be given a mandate to monitor the implementation of the recommendations. Among the 2021 recommendations where Lamrock found no action was taken: The launch of a separate review by the provincial government of Indigenous youth mental health services. Changes to health care structures and processes with a long-term goal of "cultural safety" for Indigenous youth and better outcomes. A forum that includes federal and provincial governments and Indigenous leaders to develop a framework for "culturally appropriate, competent and safe" mental health services. Improving the transparency of how federal government money transferred to the province is spent on Indigenous mental health services. Cultural training for judges and Crown prosecutors. Among recommendations that Lamrock said were "somewhat" implemented: Formal support and recognition of the Mi'gmaq, Peskotomuhkati and Wolastoqey languages through provincial legislation and programs. The offering of "culturally relevant" mental wellness, health and addiction services for Indigenous youth, with an emphasis on Indigenous-led services. A more culturally inclusive education policy.Solan (Himachal Pradesh) [India], December 15 (ANI): Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu on Sunday stated that the current state government is committed to providing quality facilities across all sectors, including education, health, and infrastructure. He also announced the opening of a sub-tehsil in Loharghat, fulfilling a long-standing demand of the local residents, according to a press release. Addressing a public meeting at Loharghat in the remote Gram Panchayat Kyar Kaneta of the Arki Assembly constituency in Solan district, the Chief Minister highlighted the state government's focus on infrastructural and sectoral improvements. He emphasised efforts to ensure that all schools in the state are equipped with necessary and basic facilities. He announced an allocation of Rs600 crore for the construction of school buildings over the next three years. In the health sector, he said that infrastructure at medical colleges and district hospitals would be strengthened, and modern technology would be incorporated to enhance services. Also Read | Kerala State Coordinator of Hindus of America and RSS Leader P Sreekumar Presents Rig Veda to Pope Francis at Vatican in Rome. The Chief Minister reiterated that the state government's objective of "Vyavastha Parivartan" aims to make Himachal Pradesh self-reliant and ensure dignified living opportunities for all citizens. To achieve these goals, the government is introducing new schemes and periodically improving existing ones. He also underlined the government's commitment to reaching remote areas and ensuring that the benefits of its programmes and schemes extend to every section of society. Sukhu further shared initiatives to promote natural farming, including purchasing naturally grown maize at Rs30 per kg and wheat at Rs40 per kg. He revealed that 398 metric tonnes of maize have been procured so far and encouraged farmers to adopt natural farming and register to sell their produce. The Chief Minister noted that the government has made a historic increase in milk procurement prices. A state-of-the-art milk processing plant with a capacity of 50,000 litres per day has been inaugurated in Dattanagar, benefiting over 20,000 dairy farmers. Additionally, a fully automated milk and milk product processing plant is being established in Dhagwar, Kangra district, with similar facilities being set up in other parts of the state. Also Read | Maharashtra Cabinet Expansion: BJP's Chandrashekhar Bawankule, Nitesh Rane, Shiv Sena's Uday Samant and Others Take Oath As Ministers in Devendra Fadnavis-Led MahaYuti Govt (Watch Videos). Highlighting the government's commitment to public welfare, Sukhu said that various guarantees, including the restoration of the old pension scheme, have been fulfilled to secure the future of eligible employees. Despite financial challenges posed by last year's calamities, the government has provided a special Rs4,500 crore relief package from its own resources to assist affected families. He also mentioned that disaster relief aid has been enhanced to 25 times the previous levels to support those impacted, according to the press release. (ANI) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

Pro Bowl voting: Four 49ers players leading their positions in the NFC

The stress and pressure to curate the perfect Thanksgiving meal can be a daunting task. Many local grocers are making it easy this year, offering catered meals and package deals. Thanksgiving is just around the corner. Here are some local deals that can make your holiday planning a breeze. Adobe Stock The People’s Food Co-op, located at 315 5th Ave. S, offers a wide selection of Thanksgiving options for La Crosse folks this holiday season. The co-op’s catered menu features garlic mashed potatoes, green beans with mushrooms and toasted walnuts, baked squash with wild rice stuffing, zen stuffing, cranberry relish, turkey or mushroom gravy and dinner rolls. The pre-made meal, which serves 4 to 6 people, costs about $130, but varies based on turkey selection. In addition to the catered meal, the co-op is selling individual items, including pies, for pick-up on Thanksgiving Day. Preorders are currently available on the co-op’s website at https://shop.pfc.coop/shop/pre_order_thanksgiving_meal . Hy-Vee, at Valley View Mall, has many options for catered meals; including brunch; prime rib, ham and turkey dinners. Prices begin at $29 and go up to $289. The catered meals serve between 2 and 12 people. In addition to the fully catered meal, individual a la carte items are available for order, starting at $3.99. Preorders are currently available on the Hy-Vee website: www.hy-vee.com/shop . Festival Foods offers many options for catered dinners, including ham dinners, turkey dinners, lasagna dinner and more. Prices for the ham and turkey options begin at $49.99 and go up to $169.99. The catered meals serve between 2 and 14 people. Additionally, you can purchase a pre-cooked turkey for $49.99 or a whole boneless turkey breast for $29.99. The meals include turkey or ham, stuffing, mashed potatoes, gravy, green bean casserole, glazed carrots, cranberry fluff, cranberry relish, pumpkin or apple pie, and dinner rolls. Preorders are currently available on the Festival Foods website at www.festfoods.com/holiday-meals . Aldi has a $47 meal deal that will feed 10 people. Included in the package deal is turkey, gravy mix, stuffing, mac and cheese, rolls and many more ingredients to satisfy holiday cravings. Information on the products included is on the Aldi website at https://new.aldi.us/products/thanksgiving/feast-for-10/k/259 .

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US urges push for Syria de-escalationUS agencies should use advanced technology to identify mysterious drones, Schumer says

Google launched the Pixel 9, Pixel 9 Pro and Pixel 9 Pro XL in India in August. Well, the pre-order of Google Pixel 9 Pro started from October 17 on the e-commerce platform Flipkart. The device is currently available with multiple offers on Flipkart. If you are able to play well with the offers, the Google Pixel 9 Pro can be purchased under Rs 65,000. We have mentioned the offers for your convenience. The Google Pixel 9 Pro gets an exchange benefit of up to Rs 38,150. On the other hand, users can get Rs 10,000 off, if they use ICICI bank credit card transactions. The price of the smartphone is Rs 1,09,999 on Flipkart and post applying the exchange benefit and bank offers, the effective price gets as low as Rs 61,849. (Note: The discount differs from one smartphone model to another. The condition of the old device also plays an important role during the exchange.) The Google Pixel 9 Pro is available in Hazel, Porcelain, Rose Quartz, and Obsidian colour options. The Google Pixel 9 Pro key specs include a 6.3-inch 1.5K SuperActua LTPO OLED display with 120Hz refresh rate, Tensor G4 SoC with a Titan M2 security chipset, Android 14 OS, triple rear camera unit, 4,700mAh battery with 45W wired charging, and IP68-rating for dust and water resistance. The triple rear cameras include a 50-megapixel primary sensor, a 48-megapixel ultra-wide shooter, and another 48-megapixel periscope telephoto camera with 5x optical zoom. It also has a 42-megapixel from camera for selfies and video calls. The Google Pixel 9 Pro also has Qi wireless charging support and feature wide range of connectivity options such as Wi-Fi 6, Bluetooth 5.3, NFC, Google Cast, GPS, Dual Band GNSS, BeiDou, GLONASS, Galileo, QZSS, NavIC, and a USB Type-C port.

BOSTON — After weeks of fear and bewilderment about the drones buzzing over parts of New York and New Jersey, elected officials are urging action to identify and stop the mysterious flights. This photo provided by Trisha Bushey shows the evening sky and points of light Dec. 5 near Lebanon Township, N.J. “There’s a lot of us who are pretty frustrated right now,” Rep. Jim Himes, D-Conn., the top Democrat on the House Intelligence Committee, said on “Fox News Sunday.” “'We don’t know’ is not a good enough answer,” he said. National security officials have said the drones don’t appear to be a sign of foreign interference or a public safety threat. But because they can’t say with certainty who is responsible for the sudden swarms of drones over parts of New Jersey, New York and other eastern parts of the U.S. — or how they can be stopped — has led leaders of both political parties to demand better technology and powers to deal with the drones. People are also reading... 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Chuck Schumer called Sunday for the U.S. Department of Homeland Security to deploy better drone-tracking technology to identify the drones and their operators. “New Yorkers have tremendous questions about it,” Schumer, the Senate Majority leader, told reporters about the drone sightings. “We are going to get the answers for them.” The federal government did little to answer those questions in its own media briefings Sunday morning. “There’s no question that people are seeing drones,” U.S. Homeland Security Secretary Alejandro Mayorkas told ABC’s George Stephanopoulos. “But I want to assure the American public that we are on it. We are working in close coordination with state and local authorities.” Some of the drones reported above parts of New York and New Jersey have turned out to be “manned aircraft that are commonly mistaken for drones,” Mayorkas said. “We know of no foreign involvement with respect to the sightings in the Northeast. And we are vigilant in investigating this matter.” Last year, federal aviation rules began requiring certain drones to broadcast their remote identification, including the location of their operators. It’s not clear whether that information has been used to determine who is behind the drones plaguing locations over New York and New Jersey. Mayorkas’ office didn’t respond to questions about whether they’ve been able to identify drones using this capability. Schumer wants the federal government to use a recently declassified radio wave technology in New York and New Jersey. The radio wave detector can be attached to a drone or airplane and can determine whether another flying object is a bird or a drone, read its electronic registration, and follow it back to its landing place. Schumer said state and local authorities do not have the authority to track drones. On Sunday, New York Gov. Kathy Hochul said federal officials were sending a drone detection system to the state. “This system will support state and federal law enforcement in their investigations,” Hochul said in a statement. The governor did not immediately provide additional details, including where the system will be deployed. Dozens of mysterious nighttime flights started last month over parts of New Jersey, raising concerns among residents and officials. Part of the worry stems from the flying objects initially being spotted near the Picatinny Arsenal, a U.S. military research and manufacturing facility and over President-elect Donald Trump’s golf course in Bedminster. Drones are legal in New Jersey for recreational and commercial use, but they are subject to local and Federal Aviation Administration regulations and flight restrictions. Operators must be FAA certified. Drones are now being reported all along the northern East Coast, with suspicious sightings in Connecticut, Massachusetts, Pennsylvania and Virginia, according to news reports. Some U.S. political leaders, including Trump, have called for stronger action against these drones, including shooting them down. Certain agencies within the Department of Homeland Security have the power to “incapacitate” drones, Mayorkas said Sunday. “But we need those authorities expanded,” he said. A bill before the U.S. Senate would enhance some federal agencies’ authority and give new abilities to local and state agencies to track drones. It would also start a pilot program allowing states and local authorities to disrupt, disable or seize a drone without prior consent of the operator. “What the drone issue points out are gaps in our agencies, gaps in our authorities between the Department of Homeland Security, local law enforcement, the Defense Department.," said Rep. Mike Waltz, R-Fla., Trump’s pick to be his national security adviser, speaking on CBS’ “Face the Nation” on Sunday. "Americans are finding it hard to believe we can’t figure out where these are coming from.’’ Here are the people Trump picked for key positions so far President-elect Donald Trump Among President-elect Donald Trump's picks are Susie Wiles for chief of staff, Florida Sen. Marco Rubio for secretary of state, former Democratic House member Tulsi Gabbard for director of national intelligence and Florida Rep. Matt Gaetz for attorney general. Susie Wiles, White House Chief of Staff Susie Wiles, 67, was a senior adviser to Trump's 2024 presidential campaign and its de facto manager. Marco Rubio, Secretary of State Trump named Florida Sen. Marco Rubio to be secretary of state, making a former sharp critic his choice to be the new administration's top diplomat. Rubio, 53, is a noted hawk on China, Cuba and Iran, and was a finalist to be Trump's running mate on the Republican ticket last summer. Rubio is the vice chairman of the Senate Intelligence Committee and a member of the Senate Foreign Relations Committee. “He will be a strong Advocate for our Nation, a true friend to our Allies, and a fearless Warrior who will never back down to our adversaries,” Trump said of Rubio in a statement. The announcement punctuates the hard pivot Rubio has made with Trump, whom the senator called a “con man" during his unsuccessful campaign for the 2016 GOP presidential nomination. Their relationship improved dramatically while Trump was in the White House. And as Trump campaigned for the presidency a third time, Rubio cheered his proposals. For instance, Rubio, who more than a decade ago helped craft immigration legislation that included a path to citizenship for people in the U.S. illegally, now supports Trump's plan to use the U.S. military for mass deportations. Pete Hegseth, Secretary of Defense Pete Hegseth, 44, is a co-host of Fox News Channel’s “Fox & Friends Weekend” and has been a contributor with the network since 2014, where he developed a friendship with Trump, who made regular appearances on the show. Hegseth lacks senior military or national security experience. If confirmed by the Senate, he would inherit the top job during a series of global crises — ranging from Russia’s war in Ukraine and the ongoing attacks in the Middle East by Iranian proxies to the push for a cease-fire between Israel, Hamas and Hezbollah and escalating worries about the growing alliance between Russia and North Korea. Hegseth is also the author of “The War on Warriors: Behind the Betrayal of the Men Who Keep Us Free,” published earlier this year. Pam Bondi, Attorney General Trump tapped Pam Bondi, 59, to be attorney general after U.S. Rep. Matt Gaetz withdrew his name from consideration. She was Florida's first female attorney general, serving between 2011 and 2019. She also was on Trump’s legal team during his first impeachment trial in 2020. Considered a loyalist, she served as part of a Trump-allied outside group that helped lay the groundwork for his future administration called the America First Policy Institute. Bondi was among a group of Republicans who showed up to support Trump at his hush money criminal trial in New York that ended in May with a conviction on 34 felony counts. A fierce defender of Trump, she also frequently appears on Fox News and has been a critic of the criminal cases against him. Kristi Noem, Secretary of Homeland Security Trump picked South Dakota Gov. Kristi Noem, a well-known conservative who faced sharp criticism for telling a story in her memoir about shooting a rambunctious dog, to lead an agency crucial to the president-elect’s hardline immigration agenda. Noem used her two terms leading a tiny state to vault to a prominent position in Republican politics. South Dakota is usually a political afterthought. But during the COVID-19 pandemic, Noem did not order restrictions that other states had issued and instead declared her state “open for business.” Trump held a fireworks rally at Mount Rushmore in July 2020 in one of the first large gatherings of the pandemic. She takes over a department with a sprawling mission. In addition to key immigration agencies, the Department of Homeland Security oversees natural disaster response, the U.S. Secret Service, and Transportation Security Administration agents who work at airports. Doug Burgum, Secretary of the Interior The governor of North Dakota, who was once little-known outside his state, Burgum is a former Republican presidential primary contender who endorsed Trump, and spent months traveling to drum up support for him, after dropping out of the race. Burgum was a serious contender to be Trump’s vice presidential choice this summer. The two-term governor was seen as a possible pick because of his executive experience and business savvy. Burgum also has close ties to deep-pocketed energy industry CEOs. Trump made the announcement about Burgum joining his incoming administration while addressing a gala at his Mar-a-Lago club, and said a formal statement would be coming the following day. In comments to reporters before Trump took the stage, Burgum said that, in recent years, the power grid is deteriorating in many parts of the country, which he said could raise national security concerns but also drive up prices enough to increase inflation. “There's just a sense of urgency, and a sense of understanding in the Trump administration,” Burgum said. Robert F. Kennedy Jr., Secretary of Health and Human Services Robert F. Kennedy Jr. ran for president as a Democrat, than as an independent, and then endorsed Trump . He's the son of Democratic icon Robert Kennedy, who was assassinated during his own presidential campaign. The nomination of Kennedy to lead the Department of Health and Human Services alarmed people who are concerned about his record of spreading unfounded fears about vaccines . For example, he has long advanced the debunked idea that vaccines cause autism. Scott Bessent, Treasury Secretary Scott Bessent, 62, is a former George Soros money manager and an advocate for deficit reduction. He's the founder of hedge fund Key Square Capital Management, after having worked on-and-off for Soros Fund Management since 1991. If confirmed by the Senate, he would be the nation’s first openly gay treasury secretary. He told Bloomberg in August that he decided to join Trump’s campaign in part to attack the mounting U.S. national debt. That would include slashing government programs and other spending. “This election cycle is the last chance for the U.S. to grow our way out of this mountain of debt without becoming a sort of European-style socialist democracy,” he said then. Lori Chavez-DeRemer, Labor Secretary Oregon Republican U.S. Rep. Lori Chavez-DeRemer narrowly lost her reelection bid this month, but received strong backing from union members in her district. As a potential labor secretary, she would oversee the Labor Department’s workforce, its budget and put forth priorities that impact workers’ wages, health and safety, ability to unionize, and employer’s rights to fire employers, among other responsibilities. Chavez-DeRemer is one of few House Republicans to endorse the “Protecting the Right to Organize” or PRO Act would allow more workers to conduct organizing campaigns and would add penalties for companies that violate workers’ rights. The act would also weaken “right-to-work” laws that allow employees in more than half the states to avoid participating in or paying dues to unions that represent workers at their places of employment. Scott Turner, Housing and Urban Development Scott Turner is a former NFL player and White House aide. He ran the White House Opportunity and Revitalization Council during Trump’s first term in office. Trump, in a statement, credited Turner, the highest-ranking Black person he’s yet selected for his administration, with “helping to lead an Unprecedented Effort that Transformed our Country’s most distressed communities.” Sean Duffy, Secretary of Transportation Sean Duffy is a former House member from Wisconsin who was one of Trump's most visible defenders on cable news. Duffy served in the House for nearly nine years, sitting on the Financial Services Committee and chairing the subcommittee on insurance and housing. He left Congress in 2019 for a TV career and has been the host of “The Bottom Line” on Fox Business. Before entering politics, Duffy was a reality TV star on MTV, where he met his wife, “Fox and Friends Weekend” co-host Rachel Campos-Duffy. They have nine children. Chris Wright, Secretary of Energy A campaign donor and CEO of Denver-based Liberty Energy, Write is a vocal advocate of oil and gas development, including fracking — a key pillar of Trump’s quest to achieve U.S. “energy dominance” in the global market. Wright also has been one of the industry’s loudest voices against efforts to fight climate change. He said the climate movement around the world is “collapsing under its own weight.” The Energy Department is responsible for advancing energy, environmental and nuclear security of the United States. Wright also won support from influential conservatives, including oil and gas tycoon Harold Hamm. Hamm, executive chairman of Oklahoma-based Continental Resources, a major shale oil company, is a longtime Trump supporter and adviser who played a key role on energy issues in Trump’s first term. Linda McMahon, Secretary of Education President-elect Donald Trump tapped billionaire professional wrestling mogul Linda McMahon to be secretary of the Education Department, tasked with overseeing an agency Trump promised to dismantle. McMahon led the Small Business Administration during Trump’s initial term from 2017 to 2019 and twice ran unsuccessfully as a Republican for the U.S. Senate in Connecticut. She’s seen as a relative unknown in education circles, though she expressed support for charter schools and school choice. She served on the Connecticut Board of Education for a year starting in 2009 and has spent years on the board of trustees for Sacred Heart University in Connecticut. Brooke Rollins, Secretary of Agriculture Brooke Rollins, who graduated from Texas A&M University with a degree in agricultural development, is a longtime Trump associate who served as White House domestic policy chief during his first presidency. The 52-year-old is president and CEO of the America First Policy Institute, a group helping to lay the groundwork for a second Trump administration. She previously served as an aide to former Texas Gov. Rick Perry and ran a think tank, the Texas Public Policy Foundation. Howard Lutnick, Secretary of Commerce Trump chose Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and a cryptocurrency enthusiast, as his nominee for commerce secretary, a position in which he'd have a key role in carrying out Trump's plans to raise and enforce tariffs. Trump made the announcement Tuesday on his social media platform, Truth Social. Lutnick is a co-chair of Trump’s transition team, along with Linda McMahon, the former wrestling executive who previously led Trump’s Small Business Administration. Both are tasked with putting forward candidates for key roles in the next administration. The nomination would put Lutnick in charge of a sprawling Cabinet agency that is involved in funding new computer chip factories, imposing trade restrictions, releasing economic data and monitoring the weather. It is also a position in which connections to CEOs and the wider business community are crucial. Trump Transition FILE - Former Rep. Doug Collins speaks before Republican presidential nominee former President Donald Trump at a campaign event at the Cobb Energy Performing Arts Centre, Oct. 15, 2024, in Atlanta. Karoline Leavitt, White House press secretary Karoline Leavitt, 27, was Trump's campaign press secretary and currently a spokesperson for his transition. She would be the youngest White House press secretary in history. The White House press secretary typically serves as the public face of the administration and historically has held daily briefings for the press corps. Leavitt, a New Hampshire native, was a spokesperson for MAGA Inc., a super PAC supporting Trump, before joining his 2024 campaign. In 2022, she ran for Congress in New Hampshire, winning a 10-way Republican primary before losing to Democratic Rep. Chris Pappas. Leavitt worked in the White House press office during Trump's first term before she became communications director for New York Republican Rep. Elise Stefanik, Trump's choice for U.S. ambassador to the United Nations. Tulsi Gabbard, National Intelligence Director Former Hawaii Rep. Tulsi Gabbard has been tapped by Trump to be director of national intelligence, keeping with the trend to stock his Cabinet with loyal personalities rather than veteran professionals in their requisite fields. Gabbard, 43, was a Democratic House member who unsuccessfully sought the party's 2020 presidential nomination before leaving the party in 2022. She endorsed Trump in August and campaigned often with him this fall. “I know Tulsi will bring the fearless spirit that has defined her illustrious career to our Intelligence Community,” Trump said in a statement. Gabbard, who has served in the Army National Guard for more than two decades, deploying to Iraq and Kuwait, would come to the role as somewhat of an outsider compared to her predecessor. The current director, Avril Haines, was confirmed by the Senate in 2021 following several years in a number of top national security and intelligence positions. John Ratcliffe, Central Intelligence Agency Director Trump has picked John Ratcliffe, a former Texas congressman who served as director of national intelligence during his first administration, to be director of the Central Intelligence Agency in his next. Ratcliffe was director of national intelligence during the final year and a half of Trump's first term, leading the U.S. government's spy agencies during the coronavirus pandemic. “I look forward to John being the first person ever to serve in both of our Nation's highest Intelligence positions,” Trump said in a statement, calling him a “fearless fighter for the Constitutional Rights of all Americans” who would ensure “the Highest Levels of National Security, and PEACE THROUGH STRENGTH.” Kash Patel, Federal Bureau of Investigation Director Kash Patel spent several years as a Justice Department prosecutor before catching the Trump administration’s attention as a staffer on Capitol Hill who helped investigate the Russia probe. Patel called for dramatically reducing the agency’s footprint, a perspective that sets him apart from earlier directors who sought additional resources for the bureau. Though the Justice Department in 2021 halted the practice of secretly seizing reporters’ phone records during leak investigations, Patel said he intends to aggressively hunt down government officials who leak information to reporters. Lee Zeldin, Environmental Protection Agency Administrator Trump has chosen former New York Rep. Lee Zeldin to serve as his pick to lead the Environmental Protection Agency . Zeldin does not appear to have any experience in environmental issues, but is a longtime supporter of the former president. The 44-year-old former U.S. House member from New York wrote on X , “We will restore US energy dominance, revitalize our auto industry to bring back American jobs, and make the US the global leader of AI.” “We will do so while protecting access to clean air and water,” he added. During his campaign, Trump often attacked the Biden administration's promotion of electric vehicles, and incorrectly referring to a tax credit for EV purchases as a government mandate. Trump also often told his audiences during the campaign his administration would “Drill, baby, drill,” referring to his support for expanded petroleum exploration. In a statement, Trump said Zeldin “will ensure fair and swift deregulatory decisions that will be enacted in a way to unleash the power of American businesses, while at the same time maintaining the highest environmental standards, including the cleanest air and water on the planet.” Brendan Carr, Chairman of the Federal Communications Commission Trump has named Brendan Carr, the senior Republican on the Federal Communications Commission, as the new chairman of the agency tasked with regulating broadcasting, telecommunications and broadband. Carr is a longtime member of the commission and served previously as the FCC’s general counsel. He has been unanimously confirmed by the Senate three times and was nominated by both Trump and President Joe Biden to the commission. Carr made past appearances on “Fox News Channel," including when he decried Democratic Vice President Kamala Harris' pre-Election Day appearance on “Saturday Night Live.” He wrote an op-ed last month defending a satellite company owned by Trump supporter Elon Musk. Paul Atkins, Chair of the Securities and Exchange Commission Trump said Atkins, the CEO of Patomak Partners and a former SEC commissioner, was a “proven leader for common sense regulations.” In the years since leaving the SEC, Atkins has made the case against too much market regulation. “He believes in the promise of robust, innovative capital markets that are responsive to the needs of Investors, & that provide capital to make our Economy the best in the World. He also recognizes that digital assets & other innovations are crucial to Making America Greater than Ever Before,” Trump wrote on Truth Social. The commission oversees U.S. securities markets and investments and is currently led by Gary Gensler, who has been leading the U.S. government’s crackdown on the crypto industry. Gensler, who was nominated by President Joe Biden, announced last month that he would be stepping down from his post on the day that Trump is inaugurated — Jan. 20, 2025. Atkins began his career as a lawyer and has a long history working in the financial markets sector, both in government and private practice. In the 1990s, he worked on the staffs of two former SEC chairmen, Richard C. Breeden and Arthur Levitt. Jared Isaacman, NASA Administrator Jared Isaacman, 41, is a tech billionaire who bought a series of spaceflights from Elon Musk’s SpaceX and conducted the first private spacewalk . He is the founder and CEO of a card-processing company and has collaborated closely with Musk ever since buying his first chartered SpaceX flight. He took contest winners on that 2021 trip and followed it in September with a mission where he briefly popped out the hatch to test SpaceX’s new spacewalking suits. Elise Stefanik, Ambassador to the United Nations Rep. Elise Stefanik is a representative from New York and one of Trump's staunchest defenders going back to his first impeachment. Elected to the House in 2014, Stefanik was selected by her GOP House colleagues as House Republican Conference chair in 2021, when former Wyoming Rep. Liz Cheney was removed from the post after publicly criticizing Trump for falsely claiming he won the 2020 election. Stefanik, 40, has served in that role ever since as the third-ranking member of House leadership. Stefanik’s questioning of university presidents over antisemitism on their campuses helped lead to two of those presidents resigning, further raising her national profile. If confirmed, she would represent American interests at the U.N. as Trump vows to end the war waged by Russia against Ukraine begun in 2022. He has also called for peace as Israel continues its offensive against Hamas in Gaza and its invasion of Lebanon to target Hezbollah. Matt Whitaker, Ambassador to NATO President-elect Donald Trump says he's chosen former acting Attorney General Matt Whitaker to serve as U.S. ambassador to NATO. Trump has expressed skepticism about the Western military alliance for years. Trump said in a statement Wednesday that Whitaker is “a strong warrior and loyal Patriot” who “will ensure the United States’ interests are advanced and defended” and “strengthen relationships with our NATO Allies, and stand firm in the face of threats to Peace and Stability.” The choice of Whitaker as the nation’s representative to the North Atlantic Treaty Organization is an unusual one, given his background is as a lawyer and not in foreign policy. David Perdue, Ambassador to China President-elect Donald Trump tapped former Sen. David Perdue of Georgia to be ambassador to China, saying in a social media post that the former CEO “brings valuable expertise to help build our relationship with China.” Perdue lost his Senate seat to Democrat Jon Ossoff four years ago and ran unsuccessfully in a primary against Republican Georgia Gov. Brian Kemp. Perdue pushed Trump's debunked lies about electoral fraud during his failed bid for governor. Mike Huckabee, Ambassador to Israel Trump will nominate former Arkansas Gov. Mike Huckabee to be ambassador to Israel. Huckabee is a staunch defender of Israel and his intended nomination comes as Trump has promised to align U.S. foreign policy more closely with Israel's interests as it wages wars against the Iran-backed Hamas and Hezbollah. “He loves Israel, and likewise the people of Israel love him,” Trump said in a statement. “Mike will work tirelessly to bring about peace in the Middle East.” Huckabee, who ran unsuccessfully for the Republican presidential nomination in 2008 and 2016, has been a popular figure among evangelical Christian conservatives, many of whom support Israel due to Old Testament writings that Jews are God’s chosen people and that Israel is their rightful homeland. Trump has been praised by some in this important Republican voting bloc for moving the U.S. embassy in Israel from Tel Aviv to Jerusalem. Kimberly Guilfoyle, Ambassador to Greece Guilfoyle is a former California prosecutor and television news personality who led the fundraising for Trump's 2020 campaign and became engaged to Don Jr. in 2020. Trump called her “a close friend and ally” and praised her “sharp intellect make her supremely qualified.” Guilfoyle was on stage with the family on election night. “I am so proud of Kimberly. She loves America and she always has wanted to serve the country as an Ambassador. She will be an amazing leader for America First,” Don Jr. posted. The ambassador positions must be approved by the U.S. Senate. Guilfoyle said in a social media post that she was “honored to accept President Trump’s nomination to serve as the next Ambassador to Greece and I look forward to earning the support of the U.S. Senate.” Steven Witkoff, Special Envoy to the Middle East Trump on Tuesday named real estate investor Steven Witkoff to be special envoy to the Middle East. The 67-year-old Witkoff is the president-elect's golf partner and was golfing with him at Trump's club in West Palm Beach, Florida, on Sept. 15, when the former president was the target of a second attempted assassination. Witkoff “is a Highly Respected Leader in Business and Philanthropy,” Trump said of Witkoff in a statement. “Steve will be an unrelenting Voice for PEACE, and make us all proud." Trump also named Witkoff co-chair, with former Georgia Sen. Kelly Loeffler, of his inaugural committee. Keith Kellogg, Special Envoy for Ukraine and Russia Trump said Wednesday that he will nominate Gen. Keith Kellogg to serve as assistant to the president and special envoy for Ukraine and Russia. Kellogg, a retired Army lieutenant general who has long been Trump’s top adviser on defense issues, served as National Security Advisor to Trump's former Vice President Mike Pence. For the America First Policy Institute, one of several groups formed after Trump left office to help lay the groundwork for the next Republican administration, Kellogg in April wrote that “bringing the Russia-Ukraine war to a close will require strong, America First leadership to deliver a peace deal and immediately end the hostilities between the two warring parties.” (AP Photo/Mariam Zuhaib) Mike Waltz, National Security Adviser Trump asked Rep. Michael Waltz, R-Fla., a retired Army National Guard officer and war veteran, to be his national security adviser, Trump announced in a statement Tuesday. The move puts Waltz in the middle of national security crises, ranging from efforts to provide weapons to Ukraine and worries about the growing alliance between Russia and North Korea to the persistent attacks in the Middle East by Iran proxies and the push for a cease-fire between Israel and Hamas and Hezbollah. “Mike has been a strong champion of my America First Foreign Policy agenda,” Trump's statement said, "and will be a tremendous champion of our pursuit of Peace through Strength!” Waltz is a three-term GOP congressman from east-central Florida. He served multiple tours in Afghanistan and also worked in the Pentagon as a policy adviser when Donald Rumsfeld and Robert Gates were defense chiefs. He is considered hawkish on China, and called for a U.S. boycott of the 2022 Winter Olympics in Beijing due to its involvement in the origin of COVID-19 and its mistreatment of the minority Muslim Uighur population. Stephen Miller, Deputy Chief of Staff for Policy Stephen Miller, an immigration hardliner , was a vocal spokesperson during the presidential campaign for Trump's priority of mass deportations. The 39-year-old was a senior adviser during Trump's first administration. Miller has been a central figure in some of Trump's policy decisions, notably his move to separate thousands of immigrant families. Trump argued throughout the campaign that the nation's economic, national security and social priorities could be met by deporting people who are in the United States illegally. Since Trump left office in 2021, Miller has served as the president of America First Legal, an organization made up of former Trump advisers aimed at challenging the Biden administration, media companies, universities and others over issues such as free speech and national security. Tom Homan, ‘Border Czar’ Thomas Homan, 62, has been tasked with Trump’s top priority of carrying out the largest deportation operation in the nation’s history. Homan, who served under Trump in his first administration leading U.S. Immigration and Customs Enforcement, was widely expected to be offered a position related to the border, an issue Trump made central to his campaign. Though Homan has insisted such a massive undertaking would be humane, he has long been a loyal supporter of Trump's policy proposals, suggesting at a July conference in Washington that he would be willing to "run the biggest deportation operation this country’s ever seen.” Democrats have criticized Homan for his defending Trump's “zero tolerance” policy on border crossings during his first administration, which led to the separation of thousands of parents and children seeking asylum at the border. Rodney Scott, Customs and Border Protection Commissioner Customs and Border Protection, with its roughly 60,000 employees, falls under the Department of Homeland Security. It includes the Border Patrol, which Rodney Scott led during Trump's first term, and is essentially responsible for protecting the country's borders while facilitating trade and travel. Scott comes to the job firmly from the Border Patrol side of the house. He became an agent in 1992 and spent much of his career in San Diego. When he was appointed head of the border agency in January 2020, he enthusiastically embraced Trump's policies. After being forced out under the Biden administration, Scott has been a vocal supporter of Trump's hard-line immigration agenda. He appeared frequently on Fox News and testified in Congress. He's also a senior fellow at the Texas Public Policy Foundation. Billy Long, Internal Revenue Service commissioner Former Rep. Billy Long represented Missouri in the U.S. House from 2011 to 2023. Since leaving Congress, Trump said, Long “has worked as a Business and Tax advisor, helping Small Businesses navigate the complexities of complying with the IRS Rules and Regulations.” Kelly Loeffler, Small Business Administration administrator Former Georgia Sen. Kelly Loeffler was appointed in January 2020 by Georgia Gov. Brian Kemp and then lost a runoff election a year later. She started a conservative voter registration organization and dived into GOP fundraising, becoming one of the top individual donors and bundlers to Trump’s 2024 comeback campaign. Even before nominating her for agriculture secretary, the president-elect already had tapped Loeffler as co-chair of his inaugural committee. Dr. Mehmet Oz, Centers for Medicaid and Medicare Services administrator Dr. Mehmet Oz, 64, is a former heart surgeon who hosted “The Dr. Oz Show,” a long-running daytime television talk show. He ran unsuccessfully for the U.S. Senate as the Republican nominee in 2022 and is an outspoken supporter of Trump, who endorsed Oz's bid for elected office. Elon Musk and Vivek Ramaswamy to advise White House on government efficiency Elon Musk, left, and Vivek Ramaswamy speak before Republican presidential nominee former President Donald Trump at an Oct. 27 campaign rally at Madison Square Garden in New York. Trump on Tuesday said Musk and former Republican presidential candidate Ramaswamy will lead a new “Department of Government Efficiency" — which is not, despite the name, a government agency. The acronym “DOGE” is a nod to Musk's favorite cryptocurrency, dogecoin. Trump said Musk and Ramaswamy will work from outside the government to offer the White House “advice and guidance” and will partner with the Office of Management and Budget to “drive large scale structural reform, and create an entrepreneurial approach to Government never seen before.” He added the move would shock government systems. It's not clear how the organization will operate. Musk, owner of X and CEO of Tesla and SpaceX, has been a constant presence at Mar-a-Lago since Trump won the presidential election. Ramaswamy suspended his campaign in January and threw his support behind Trump. Trump said the two will “pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.” Russell Vought, Office of Management and Budget Russell Vought held the position during Trump’s first presidency. After Trump’s initial term ended, Vought founded the Center for Renewing America, a think tank that describes its mission as “renew a consensus of America as a nation under God.” Vought was closely involved with Project 2025, a conservative blueprint for Trump’s second term that he tried to distance himself from during the campaign. Vought has also previously worked as the executive and budget director for the Republican Study Committee, a caucus for conservative House Republicans. He also worked at Heritage Action, the political group tied to The Heritage Foundation, a conservative think tank. Kari Lake, Voice of America Trump says he’s picking Kari Lake as director of Voice of America, installing a staunch loyalist who ran unsuccessfully for Arizona governor and a Senate seat to head the congressionally funded broadcaster that provides independent news reporting around the world. Lake endeared herself to Trump through her dogmatic commitment to the falsehood that both she and Trump were the victims of election fraud. She has never acknowledged losing the gubernatorial race and called herself the “lawful governor” in her 2023 book, “Unafraid: Just Getting Started.” Additional selections to the incoming White House Dan Scavino, deputy chief of staff Scavino, whom Trump's transition referred to in a statement as one of “Trump's longest serving and most trusted aides,” was a senior adviser to Trump's 2024 campaign, as well as his 2016 and 2020 campaigns. He will be deputy chief of staff and assistant to the president. Scavino had run Trump's social media profile in the White House during his first administration. He was also held in contempt of Congress in 2022 after a month-long refusal to comply with a subpoena from the House committee’s investigation into the Jan. 6, 2021, attack on the U.S. Capitol. James Blair, deputy chief of staff Blair was political director for Trump's 2024 campaign and for the Republican National Committee. He will be deputy chief of staff for legislative, political and public affairs and assistant to the president. Blair was key to Trump's economic messaging during his winning White House comeback campaign this year, a driving force behind the candidate's “Trump can fix it” slogan and his query to audiences this fall if they were better off than four years ago. Taylor Budowich, deputy chief of staff Budowich is a veteran Trump campaign aide who launched and directed Make America Great Again, Inc., a super PAC that supported Trump's 2024 campaign. He will be deputy chief of staff for communications and personnel and assistant to the president. Budowich also had served as a spokesman for Trump after his presidency. Jay Bhattacharya, National Institutes of Health Trump has chosen Dr. Jay Bhattacharya to lead the National Institutes of Health. Bhattacharya is a physician and professor at Stanford University School of Medicine, and is a critic of pandemic lockdowns and vaccine mandates. He promoted the idea of herd immunity during the pandemic, arguing that people at low risk should live normally while building up immunity to COVID-19 through infection. The National Institutes of Health funds medical research through competitive grants to researchers at institutions throughout the nation. NIH also conducts its own research with thousands of scientists working at its labs in Bethesda, Maryland. Dr. Marty Makary, Food and Drug Administration Makary is a Johns Hopkins surgeon and author who argued against pandemic lockdowns. He routinely appeared on Fox News during the COVID-19 pandemic and wrote opinion articles questioning masks for children. He cast doubt on vaccine mandates but supported vaccines generally. Makary also cast doubt on whether booster shots worked, which was against federal recommendations on the vaccine. Dr. Janette Nesheiwat, Surgeon General Nesheiwat is a general practitioner who serves as medical director for CityMD, a network of urgent care centers in New York and New Jersey. She has been a contributor to Fox News. Dr. Dave Weldon, U.S. Centers for Disease Control and Prevention Weldon is a former Florida congressman who recently ran for a Florida state legislative seat and lost; Trump backed Weldon’s opponent. In Congress, Weldon weighed in on one of the nation’s most heated debates of the 1990s over quality of life and a right-to-die and whether Terri Schiavo, who was in a persistent vegetative state after cardiac arrest, should have been allowed to have her feeding tube removed. He sided with the parents who did not want it removed. Jamieson Greer, U.S. trade representative Kevin Hassett, Director of the White House National Economic Council Trump is turning to two officials with experience navigating not only Washington but the key issues of income taxes and tariffs as he fills out his economic team. He announced he has chosen international trade attorney Jamieson Greer to be his U.S. trade representative and Kevin Hassett as director of the White House National Economic Council. While Trump has in several cases nominated outsiders to key posts, these picks reflect a recognition that his reputation will likely hinge on restoring the public’s confidence in the economy. Trump said in a statement that Greer was instrumental in his first term in imposing tariffs on China and others and replacing the trade agreement with Canada and Mexico, “therefore making it much better for American Workers.” Hassett, 62, served in the first Trump term as chairman of the Council of Economic Advisers. He has a doctorate from the University of Pennsylvania and worked at the right-leaning American Enterprise Institute before joining the Trump White House in 2017. Ron Johnson, Ambassador to Mexico Johnson — not the Republican senator — served as ambassador to El Salvador during Trump's first administration. His nomination comes as the president-elect has been threatening tariffs on Mexican imports and the mass deportation of migrants who have arrived to the U.S.-Mexico border. Johnson is also a former U.S. Army veteran and was in the Central Intelligence Agency. Tom Barrack, Ambassador to Turkey Barrack, a wealthy financier, met Trump in the 1980s while helping negotiate Trump’s purchase of the renowned Plaza Hotel. He was charged with using his personal access to the former president to secretly promote the interests of the United Arab Emirates, but was acquitted of all counts at a federal trial in 2022. Trump called him a “well-respected and experienced voice of reason.” Andrew Ferguson, Federal Trade Commission Ferguson, who is already one of the FTC's five commissioners, will replace Lina Khan, who became a lightning rod for Wall Street and Silicon Valley by blocking billions of dollars worth of corporate acquisitions and suing Amazon and Meta while alleging anticompetitive behavior. “Andrew has a proven record of standing up to Big Tech censorship, and protecting Freedom of Speech in our Great Country,” Trump wrote on Truth Social, adding, “Andrew will be the most America First, and pro-innovation FTC Chair in our Country’s History.” Jacob Helberg, undersecretary of state for economic growth, energy and the environment Dan Bishop, deputy director for budget at the Office of Budget and Management Leandro Rizzuto, Ambassador to the Washington-based Organization of American States Dan Newlin, Ambassador to Colombia Peter Lamelas, Ambassador to Argentina Get local news delivered to your inbox!

IDT’s income from operations +38% to $23.6 million; Adjusted EBITDA * +31% to a record $29.1 million GAAP EPS increased to $0.68 from $0.30; Non-GAAP EPS * increased to $0.71 from $0.32 NEWARK, NJ, Dec. 04, 2024 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications solutions, today reported results for its first quarter fiscal year 2025, the three months ended October 31, 2024. FIRST QUARTER HIGHLIGHTS (Throughout this release, unless otherwise noted, results for the first quarter of fiscal year 2025 (1Q25) are compared to the first quarter of fiscal year 2024 (1Q24). All earnings per share (EPS) and other ‘per share’ results are per diluted share.) Key Businesses / Segments NRS Recurring revenue ** : +29% to $28.9 million; Income from operations: +21% to $6.6 million; Adjusted EBITDA: +22% to $7.6 million; BOSS Money / Fintech BOSS Money revenue: +39% to $33.7 million; Fintech segment revenue : +40% to $37.1 million; Fintech segment income from operations: increased to $3.2 million compared to a loss of $(1.4) million; Fintech segment Adjusted EBITDA: increased to $4.0 million compared to a loss of $(690) thousand; net2phone Subscription revenue ** : +13% to $21.0 million; Income from operations: increased to $1.0 million compared to breakeven; Adjusted EBITDA: +77% to $2.5 million; Traditional Communications Revenue: decreased (4)% to $220.5 million; Income from operations: +2% to $15.7 million; Adjusted EBITDA: decreased (1)% to $17.8 million; IDT Consolidated Revenue : +3% to $309.6 million, driven by revenue growth at NRS, BOSS Money, net2phone, and the IDT Digital Payments business within Traditional Communications; Gross profit (GP) / margin : GP +15% to $107.6 million; GP margin +360 bps to 34.8%; Income from operations: +38% to $23.6 million; Net income attributable to IDT: +125% to $17.2 million; GAAP EPS: Increased to $0.68 from $0.30; Non-GAAP EPS : Increased to $0.71from $0.32; Adjusted EBITDA: +31% to $29.1 million; Repurchased 37,714 shares of IDT Class B common stock in market transactions for $1.3 million. REMARKS BY SHMUEL JONAS, CEO “Building on our momentum from fiscal 2024, IDT delivered strong financial results in the first quarter of fiscal 2025, including record levels of gross profit, gross profit margin and Adjusted EBITDA. Consolidated revenue has now increased sequentially for three consecutive quarters. NRS along with our Fintech segment powered by BOSS Money, and net2phone each achieved robust increases in revenue, gross profit, and Adjusted EBITDA. “At NRS, we are focused on providing solutions to address the needs of our independent retailer market while heavily investing to develop new products and services to broaden our addressable market. In Q1, we continued to achieve increased adoption rates on our payment processing offerings and SaaS feature plans. We look forward to continuing this momentum through the remainder of the fiscal year. “BOSS Money’s Q1 results reflected our decision to enhance margins, particularly within our retail channel. As a result, BOSS Money’s gross margin expanded significantly and transaction growth slowed somewhat. The enhanced margins boosted Fintech’s Q1 income from operations by $4.6 million year-over-year, and in November, following the quarter close, transaction growth rebounded led by D2C. “net2phone increased seats served to over four hundred thousand, driving a 13% increase in subscription revenue, despite the negative FX impact to its Latin American operations from the strong US dollar. net2phone’s financial discipline also contributed to healthy increases in income from operations and Adjusted EBITDA. “In the Traditional Communications segment, our ongoing efforts to streamline these business units and improve their economics continue to pay off. In Q1, the year over year revenue decrease was 4%, while income from operations increased by 2%." 1Q25 RESULTS BY SEGMENT National Retail Solutions (NRS) NRS Take-Aways / Updates: NRS added approximately 1,000 net active terminals during Q1, a decrease in net adds compared to recent quarters. The decrease primarily reflects elevated (and expected, as noted in IDT’s 4Q24 earnings release) - seasonal churn. In addition, NRS added approximately 1,400 net payment processing accounts during the quarter. The 51% increase in Merchant Services & Other revenue was driven by the growth in payment processing accounts, and higher merchant services revenue per account, driven in part by the increased percentage of retail transactions paid with a credit or debit card. The 30% increase in SaaS Fees revenue reflects the growth of net active terminals and migration of retailers to premium SaaS plans. Fintech Fintech Take-Aways: BOSS Money revenue increased 39% driven primarily by successful cross-marketing initiatives within the larger BOSS ecosystem and, to a lesser extent, by expansion of the retail agent network. The increase in BOSS Money transactions reflected a 41% increase in digital transactions and a 29% increase in retail transactions. Across both channels, and particularly in the retail channel, BOSS Money focused during Q1 on expanding gross margin per transaction, which contributed to a 45% increase in the Fintech segment’s gross profit even as year-over-year transaction growth at Retail slowed. The strong increases in Fintech’s income from operations and Adjusted EBITDA were driven by BOSS Money revenue growth, higher margin on BOSS Money transactions and improved operating leverage as the business continues to scale. net2phone net2phone Take-Aways: Seats served increased by 11% year over year powered by continued expansion in key markets led by the U.S., Brazil, and Mexico. CCaaS seats served increased by 19% year-over year. Subscription revenue increased by 13% year-over-year driven both by the growth in seats served and in the subscription revenue-per-seat * * , as net2phone’s higher revenue-per-seat CCaaS offering continues to grow as a percentage of total seats served. These factors overcame the negative FX impact of a strengthened US dollar versus local currencies in net2phone’s key Latin American markets. Excluding the translation FX impact, subscription revenue increased by 16% year-over-year. Operating margin * * increased to +5% from break even in 1Q24, and Adjusted EBITDA margin * * increased to 12% from 7%. Traditional Communications Take-Aways: The year-over-year increase in IDT Digital Payments’ revenue largely reflects improved unit pricing economics. IDT Global continues to mitigate the impacts of the ongoing industry-wide declines in paid-minute voice through a traffic mix shift to higher margin routes and operational efficiencies. For the second consecutive quarter, both income from operations and Adjusted EBITDA for Traditional Communications increased, driven by both improved pricing at IDT Digital Payments and decreases in SG&A and Technology & Development expense, following significant cost cutting and streamlining initiatives undertaken during FY 2024. OTHER FINANCIAL RESULTS Consolidated results for all periods presented include corporate overhead. In 1Q25, Corporate G&A expense was $2.9 million compared to $2.8 million in 1Q24. As of October 31, 2024, IDT held $180.4 million in cash, cash equivalents, debt securities, and current equity investments, a decrease from $193.0 million at July 31, 2024. The decrease predominantly reflects the timing of payments made by IDT to cover anticipated BOSS Money disbursement prefunding. Also at July 31, 2024, current assets totaled $431.7 million and current liabilities totaled $269.8 million. The Company had no outstanding debt at the quarter end. Net cash provided by operating activities decreased to $0.2 million in 1Q25 from $14.9 million in 1Q24. Exclusive of changes in customer funds deposits at IDT’s Fintech segment, net cash provided by operating activities was negative $(2.6) million in 1Q25 and positive $17.9 million in 1Q24. Capital expenditures increased to $5.3 million in 1Q25 from $4.3 million in 1Q24. IDT EARNINGS ANNOUNCEMENT INFORMATION This release is available for download in the “Investors & Media” section of the IDT Corporation website ( https://www.idt.net/investors-and-media ) and has been filed on a current report (Form 8-K) with the SEC. IDT will host an earnings conference call beginning at 5:30 PM Eastern today with management’s discussion of results followed by Q&A with investors. To listen to the call and participate in the Q&A, dial 1-888-506-0062 (toll-free from the US) or 1-973-528-0011 (international) and provide the following access code: 335618. A replay of the conference call will be available approximately three hours after the call concludes through December 18, 2024. To access the call replay, dial 1-877-481-4010 (toll-free from the US) or 1-919-882-2331 (international) and provide this replay passcode: 51571. The replay will also be accessible via streaming audio at the IDT investor relations website . NOTES * Adjusted EBITDA and Non-GAAP EPS are Non-GAAP financial measures intended to provide useful information that supplements IDT’s or the relevant segment’s results in accordance with GAAP. Please refer to the Reconciliation of Non-GAAP Financial Measures later in this release for an explanation of these terms and their respective reconciliations to the most directly comparable GAAP measures. * * See ‘Explanation of Key Performance Metrics’ at the end of this release. ABOUT IDT CORPORATION IDT Corporation (NYSE: IDT) is a global provider of fintech and communications solutions through a portfolio of synergistic businesses: National Retail Solutions (NRS), through its point-of-sale (POS) platform, enables independent retailers to operate more effectively while providing advertisers and marketers with unprecedented reach into underserved consumer markets; BOSS Money facilitates innovative international remittances and fintech payments solutions; net2phone provides enterprises and organizations with intelligently integrated cloud communications and contact center services across channels and devices; IDT Digital Payments and the BOSS Revolution calling service make sharing prepaid products and services and speaking with friends and family around the world convenient and reliable; and, IDT Global and IDT Express enable communications services to provision and manage international voice and SMS messaging. All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks and should be consulted along with this release. To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements. CONTACT IDT Corporation Investor Relations Bill Ulrey william.ulrey@idt.net 973-438-3838 IDT CORPORATION CONSOLIDATED BALANCE SHEETS IDT CORPORATION CONSOLIDATED STATEMENTS OF INCOME (Unaudited) IDT CORPORATION CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) * Reconciliation of Non-GAAP Financial Measures for the First Quarter Fiscal 202 5 and 202 4 In addition to disclosing financial results that are determined in accordance with generally accepted accounting principles in the United States of America (GAAP), IDT also disclosed for 1Q25, 4Q24, and 1Q24, Adjusted EBITDA, and for 1Q25 and 1Q24, non-GAAP earnings per diluted share (Non-GAAP EPS). Adjusted EBITDA and Non-GAAP EPS are non-GAAP financial measures intended to provide useful information that supplements IDT’s or the relevant segment’s results in accordance with GAAP. The following explains these terms and their respective reconciliations to the most directly comparable GAAP measures Generally, a non-GAAP measure is a numerical measure of a company’s performance, financial position, or cash flows that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with GAAP. IDT’s measure of Non-GAAP EPS is calculated by dividing non-GAAP net income by the diluted weighted-average shares. IDT’s measure of non-GAAP net income starts with net income attributable to IDT in accordance with GAAP and adds severance expense, stock-based compensation, and other operating expenses, and deducts other operating gains. These additions and subtractions are non-cash and/or non-routine items in the relevant fiscal 2025 and fiscal 2024 periods. Management believes that IDT’s Adjusted EBITDA and Non-GAAP EPS are measures which provide useful information to both management and investors by excluding certain expenses and non-routine gains and losses that may not be indicative of IDT’s or the relevant segment’s core operating results. Management uses Adjusted EBITDA, among other measures, as a relevant indicator of core operational strengths in its financial and operational decision making. In addition, management uses Adjusted EBITDA and Non-GAAP EPS to evaluate operating performance in relation to IDT’s competitors. Disclosure of these financial measures may be useful to investors in evaluating performance and allows for greater transparency to the underlying supplemental information used by management in its financial and operational decision-making. In addition, IDT has historically reported similar financial measures and believes such measures are commonly used by readers of financial information in assessing performance, therefore the inclusion of comparative numbers provides consistency in financial reporting. Management refers to Adjusted EBITDA, as well as the GAAP measures income (loss) from operations and net income, on a segment and/or consolidated level to facilitate internal and external comparisons to the segments’ and IDT's historical operating results, in making operating decisions, for budget and planning purposes, and to form the basis upon which management is compensated. While depreciation and amortization are considered operating costs under GAAP, these expenses primarily represent the non-cash current period allocation of costs associated with long-lived assets acquired or capitalized in prior periods. IDT’s Adjusted EBITDA, which is exclusive of depreciation and amortization, is a useful indicator of its current performance. Severance expense is excluded from the calculation of Adjusted EBITDA and Non-GAAP EPS. Severance expense is reflective of decisions made by management in each period regarding the aspects of IDT’s and its segments’ businesses to be focused on in light of changing market realities and other factors. While there may be similar charges in other periods, the nature and magnitude of these charges can fluctuate markedly and do not reflect the performance of IDT’s core and continuing operations. Other operating gains (expense), net, which is a component of income (loss) from operations, is excluded from the calculation of Adjusted EBITDA and Non-GAAP EPS. Other operating gains (expense), net includes, among other items, legal fees net of insurance claims related to Straight Path Communications Inc.’s stockholders’ class action and gain from the write-off of a contingent consideration liability. From time-to-time, IDT may have gains or incur costs related to non-routine legal, tax, and other matters, however, these various items generally do not occur each quarter. IDT believes the gain and losses from these non-routine matters are not components of IDT’s or the relevant segment’s core operating results. Stock-based compensation recognized by IDT and other companies may not be comparable because of the variety of types of awards as well as the various valuation methodologies and subjective assumptions that are permitted under GAAP. Stock-based compensation is excluded from IDT’s calculation of Non-GAAP EPS because management believes this allows investors to make more meaningful comparisons of the operating results per share of IDT’s core business with the results of other companies. However, stock-based compensation will continue to be a significant expense for IDT for the foreseeable future and an important part of employees’ compensation that impacts their performance. Adjusted EBITDA and Non-GAAP EPS should be considered in addition to, not as a substitute for, or superior to, income (loss) from operations, cash flow from operating activities, net income, basic and diluted earnings per share or other measures of liquidity and financial performance prepared in accordance with GAAP. In addition, IDT’s measurements of Adjusted EBITDA and Non-GAAP EPS may not be comparable to similarly titled measures reported by other companies. Following are reconciliations of Adjusted EBITDA and Non-GAAP EPS to the most directly comparable GAAP measure, which are, (a) for Adjusted EBITDA, income (loss) from operations for IDT’s reportable segments and net income for IDT on a consolidated basis, and (b) for Non-GAAP EPS, diluted earnings per share. IDT Corporation Reconciliation of Net Income to Adjusted EBITDA (unaudited) in millions. Figures may not foot or cross-foot due to rounding to millions IDT Corporation Reconciliation of Net Income to Adjusted EBITDA (unaudited) in millions. Figures may not foot or cross-foot due to rounding to millions IDT Corporation Reconciliation of Earnings per share to Non-GAAP EPS (unaudited) in millions, except per share data. Figures may not foot due to rounding to millions. * * Explanation of Key Performance Metrics NRS’ recurring revenue is calculated by subtracting NRS’ revenue from POS terminal sales from its revenue in accordance with GAAP. NRS’ Monthly Average Recurring Revenue per Terminal is calculated by dividing NRS’ recurring revenue by the average number of active POS terminals during the period. The average number of active POS terminals is calculated by adding the beginning and ending number of active POS terminals during the period and dividing by two. NRS’ recurring revenue divided by the average number of active POS terminals is divided by three when the period is a fiscal quarter. Recurring revenue and Monthly Average Recurring Revenue per Terminal are useful for comparisons of NRS’ revenue and revenue per customer to prior periods and to competitors and others in the market, as well as for forecasting future revenue from the customer base. BOSS Money’s Average Revenue per Transaction is calculated by dividing BOSS Money’s revenue in accordance with GAAP by the number of transactions during the period. Average Revenue per Transaction is useful for comparisons of BOSS Money’s revenue per transaction to prior periods and to competitors and others in the market, as well as for forecasting future revenue based on transaction trends. net2phone’s subscription revenue is calculated by subtracting net2phone’s equipment revenue and revenue generated by a legacy SIP trunking offering in Brazil from its revenue in accordance with GAAP. net2phone’s cloud communications and contact center offerings are priced on a per-seat basis, with customers paying based on the number of users in their organization. The number of seats served and subscription revenue trends and comparisons between periods are used in the analysis of net2phone’s revenues and direct cost of revenues and are strong indications of the top-line growth and performance of the business. net2phone’s subscription revenue per seat is calculated by dividing net2phone’s subscription revenue, as defined in the preceding paragraph, by the average number of seats served during the period. The average number of seats served is calculated by adding the beginning and ending number of seats served and dividing by two. Subscription revenue per seat is the amount of revenue generated by each seat sold during the period. It provides a basis for pricing seat-based services, as well as for comparing performance in past periods and projecting future revenue, and for comparing the value of each seat served to competitors. net2phone’s operating margin is calculated by dividing GAAP income from operations by GAAP revenue for the period indicated. Operating margin measures the percentage that each dollar of revenue contributes to profitability. Operating margin is useful for evaluating current period profitability relative to sales, for comparisons to prior period performance, for forecasting future income from operations levels based on projected levels of sales, and for comparing net2phone’s relative profitability to its competitors and peers. net2phone’s Adjusted EBITDA margin is calculated by dividing net2phone’s Adjusted EBITDA, a Non-GAAP measure, by net2phone’s GAAP revenue for the comparable quarter or period. Adjusted EBITDA margin measures the percentage that each dollar of revenue contributes to profitability before interest, taxes, depreciation and amortization, and other adjustments as described in the Reconciliation of Non-GAAP Financial Measures. net2phone’s Adjusted EBITDA margin is useful for evaluating current period profitability relative to sales, for comparisons to prior period performance, for forecasting future Adjusted EBITDA levels based on projected levels of sales, and for comparing net2phone’s relative profitability to its competitors and peers. # # #DAYTONA BEACH, Fla. (AP) — Aniwaniwa Tait-Jones' 21 points helped UC San Diego defeat James Madison 73-67 on Friday night. Tait-Jones also contributed six rebounds for the Tritons (4-2). Hayden Gray scored 16 points and added four steals. Nordin Kapic went 5 of 8 from the field (1 for 4 from 3-point range) to finish with 12 points. Bryce Lindsay led the way for the Dukes (3-3) with 17 points. James Madison also got 13 points and four assists from Xavier Brown. UCSD went into halftime ahead of James Madison 34-28. Tait-Jones scored 14 points in the half. UCSD took the lead for good with 5:46 left in the second half on a free throw from Tait-Jones to make it a 58-57 game. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .The Gunners took two points out of Liverpool’s lead at the summit of the Premier League after Jurrien Timber and William Saliba struck in the second half – both from corners – to condemn Amorim to his first defeat as United boss. The hosts’ second-half strikes took their goals-from-corners tally to 22 since the start of last season – a statistic that is unmatched by any other team in the division. Asked if Arsenal are one of the best teams he has come up against on corners, Amorim replied: “If you follow the Premier League for a long time you can see that. “They are also big players and you see every occasion when (Gabriel) Martinelli and (Bukayo) Saka have one-on-ones, a lot of times they go outside and they cross, and they know that if the cross goes well, they can score, and if it is a corner they can score, too, so we have to be better on that. “You have seen in all Arsenal games that every team have had problems with that (corners). And the difference today was the set-pieces. “You see a goal and then the momentum changed, and it is really hard for us to take the full control of the game after that.” Timber leaned into Rasmus Hojlund at the front post before diverting Declan Rice’s set-piece into the back of Andre Onana’s net after 54 minutes to send Arsenal into the lead. Thomas Partey’s header from Saka’s corner then deflected in off Saliba’s shoulder with 17 minutes left. Arteta and the club’s set-piece guru Nicolas Jover embraced on the touchline as Amorim was left with his head in his hands. The Arsenal supporters cheered raucously every time they won a corner – landing 13 in all without reply. However, Arteta moved to play down the significance of Arsenal’s set-piece threat. “We need that, but we want to be very dangerous and very effective from every angle and every phase of play,” said Arteta. “Today we could have scored from open play like we did against West Ham and Sporting. Last year we scored the most goals in the history of this football club. Arsenal have won four consecutive Premier League matches against Man Utd for the first time ever! 💫 pic.twitter.com/biv1kvsJEP — Premier League (@premierleague) December 4, 2024 “Not because of only set-pieces, but because of a lot of things that we have. We want to create individual and magic moments, too.” Arsenal’s win against United – the first time they have recorded four victories in a row against the Red Devils in the league – was their fourth in succession since the international break. They will head to Fulham on Sunday bidding to keep the momentum going. Arteta continued: “The will to win is there. We try our best to do that. We won four in a row, but it doesn’t matter. We have to go to Fulham now, try to be better than them and try win the game. “It’s every three days that we play. It’s a crazy schedule. We’re going to need everybody and to mentally be very strong.”

Epoxy Resin Market to Reach $16.49 Billion by 2029, with Bio-Based Epoxy Resins Shaping the Future - Arizton 11-22-2024 09:14 PM CET | Associations & Organizations Press release from: ABNewswire Epoxy Resin Market Research Report by Arizton According to Arizton's latest research report, the global epoxy resin market [ https://www.arizton.com/market-reports/epoxy-resin-market ] is growing at a CAGR of 5.10% during 2023-2029. Looking for More Information? Click: [ https://www.arizton.com/market-reports/epoxy-resin-market ] Report Scope: Market Size (2029): $16.49 Billion Market Size (2023): $12.24 Billion CAGR (2023-2029):5.10% Market Size - Volume (2029): 5,457.91 Million Tones Historic Year: 2020-2022 Base Year: 2023 Forecast Year: 2024-2029 Market Segmentation: Raw Material, Formulation, Bonding, Curing Method, Application, End-Users, and Geography Geographical Analysis: North America, Europe, APAC, Latin America, and Middle East & Africa The epoxy resins market is experiencing significant growth due to advancements in chemical formulations, improving durability, chemical resistance, and thermal stability. Innovations in epoxy technology have driven applications in sectors like wind energy, aerospace, automotive, and construction. Epoxy resins are increasingly used in wind turbine blades, offering enhanced performance in harsh weather. Growing demand for advanced coatings, lightweight materials, and durable composites across industries such as healthcare, electronics, and automotive is further fueling market expansion. Additionally, investments in construction and infrastructure, along with government policies in developing countries, are driving the demand for epoxy resins in various applications. Market Opportunities Growth of Bio-Based Epoxy Resins Bio-based epoxy resins, derived from renewable biomass, provide an eco-friendly alternative to petroleum-based coatings. These resins are biodegradable, non-toxic, and made from plant-based monomers and oils, supporting sustainable practices. They offer similar mechanical properties and chemical resistance to traditional epoxies while being environmentally friendly, with low VOC emissions and high biodegradability. The rising demand for sustainable materials and green building initiatives drives their use in coatings, adhesives, and composites. Industry leaders, like Dow, are investing in research and development to enhance bio-based epoxy performance, expanding their application in sectors such as automotive, aerospace, and electronics. AI's Impact on the Epoxy Resin Market AI technologies have significantly transformed the epoxy resin market by enhancing formulation, manufacturing, and application processes. Companies like BASF, Huntsman, and Dow leverage AI to accelerate R&D, optimize formulations, and improve product performance. AI-driven predictive modeling allows for the simulation of resin formulations, reducing trial and error and speeding up development. Additionally, AI-powered smart manufacturing systems enable real-time monitoring of production lines, ensuring consistent quality and minimizing waste. This integration boosts efficiency, sustainability, and product performance, driving innovation and meeting the growing demands of industries such as automotive, electronics, and coatings. Top Regions to Invest in the Epoxy Resin Market APAC, with over 4.3 billion people, is expected to lead global growth in the epoxy resins market due to rapid urbanization and expanding infrastructure. Key economies like China, India, and South Korea are driving demand for epoxy resins, particularly in construction, automotive, and electronics. The region's growing urban population, expected to increase by 1.2 billion by 2050, fuels demand for high-performance materials like epoxy resins in paints, coatings, and adhesives. In India, infrastructure projects like smart cities and "Make in India" are boosting the demand for epoxy-based products. China's urbanization plans further support this market growth. North America, led by the US and Canada, is a key region for economic growth, with stable growth expected in the coming years. The US economy is set to outpace other advanced economies in terms of expansion. The thriving construction and automotive industries in the region significantly drive the demand for epoxy resins, which accounted for 21.76% of the market share by value in 2023. North America is poised to maintain its leading position, with the US generating a substantial portion of the revenue. The region's key industries, including automotive, construction, aerospace, and electronics, are expected to fuel a 4.14% CAGR in the epoxy resin market. Vendor Strategies in the Epoxy Resin Market Vendors in the epoxy resin market are adopting strategies such as continuous innovation, heavy R&D investment, and global expansion to maintain a competitive edge. Leading companies like 3M, Dow, and Huntsman focus on advancing epoxy formulations to improve durability, chemical resistance, and environmental performance. Sustainability is a key driver, with a shift toward bio-based and eco-friendly solutions. Regional players leverage local market knowledge and cost efficiencies, while global companies pursue mergers, acquisitions, and joint ventures to enhance their market presence. Competitive pricing, efficient manufacturing, and robust distribution networks are also critical for success. Looking for More Information? Click: https://www.arizton.com/market-reports/epoxy-resin-market Key Company Profiles * Hexion Inc. * Olin Corporation * Huntsman International LLC * 3M * BASF SE * Dow Inc. * Atul Ltd * KUKDO CHEMICAL CO., LTD * Sika Group * NAN YA Plastics Industrial Co., Ltd. * DIC Corporation * Sanmu Group * Chang Chun Group * Sinopec (China Petroleum & Chemical Corporation) * Kolon Industries, Inc * Nagase & Co., Ltd * Grasim Industries Ltd (Aditya Birla Group) * Covestro AG * SABIC * Henkel * Gougeon Brothers Inc * GreenPoxy (Epoxy.com) * EPOKE * Magnifico * Nama Chemicals Market Segmentation Raw Material * DGBEA * DGBEF * Novolac * Aliphatic * Glycidyl Amine * Other Materials Formulation * Liquid * Solid * Powder Bonding * Two-part * One-part * Three-part Curing Method * Cold Cure * Thermal Cure * UV-Curing * Moisture Curing * Other Methods Application * Paint & Coatings * Adhesives & Sealants * Composites * Encapsulation * Other Applications End-Users * Construction * Automotive * Electrical & Electronics * Manufacturing * Power & Energy * Aerospace * Other End-users Geography APAC * China * Japan * India * Australia * South Korea North America * The U.S. * Canada Europe * Germany * The U.K. * France * Italy * Spain * Sweden * Netherlands Latin America * Brazil * Mexico * Argentina * Chile Middle East & Africa * South Africa * Saudi Arabia * The UAE * Turkey The Arizton Advisory & Intelligence market research report provides valuable market insights for industry stakeholders, investors, researchers, consultants, and business strategists aiming to gain a thorough understanding of the epoxy resin market. Request for Free Sample to get a glance of the report now: [ https://www.arizton.com/market-reports/epoxy-resin-market ] What Key Findings Our Research Analysis Reveals? How big is the global epoxy resin market? What is the growth rate of the global epoxy resin market? Which region dominates the global epoxy resin market share? What are the significant trends in the epoxy resin industry? Who are the key players in the global epoxy resin market? Looking for Customization According to Your Business Requirement? https://www.arizton.com/customize-report/4537 Other Related Reports that Might be of Your Business Requirement Specialty Chemicals Market - Global Outlook And Forecast 2024-2029 https://www.arizton.com/market-reports/specialty-chemicals-market-size Industrial Wax Market - Global Outlook & Forecast 2024-2029 https://www.arizton.com/market-reports/industrial-wax-market Why Arizton? 100%Customer Satisfaction 24x7availability - we are always there when you need us 200+Fortune 500 Companies trust Arizton's report 80%of our reports are exclusive and first in the industry 100%more data and analysis 1500+reports published till date Post-Purchase Benefit * 1hr of free analyst discussion * 10% off on customization About Us: Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports. Media Contact Company Name: Arizton Advisory & Intelligence Contact Person: Jessica Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=epoxy-resin-market-to-reach-1649-billion-by-2029-with-biobased-epoxy-resins-shaping-the-future-arizton ] Phone: +1 3122332770 Country: United States Website: https://www.arizton.com/market-reports/epoxy-resin-market This release was published on openPR.

GM to sell stake in battery cell plant to joint venture partner for roughly $1 billionSecretaries of State are being told that any outgoings which are not contributing towards one of Labour’s “priorities” must be cut as Rachel Reeves vows to wield “an iron fist against waste.” In letters sent by Chief Secretary to the Treasury Darren Jones, departments will be told to brace for “difficult” spending decisions in order to restore trust in the Government’s handling of the public finances. Every pound of departmental spending will be face a “line-by-line review” involving external finance experts from banks and think tanks in order to ensure it represents value for money, the Treasury said. The Chancellor will on Tuesday launch the next round of Government spending, and is expected to warn departments that they “cannot operate in a business-as-usual way when reviewing their budgets for the coming years”. She will insist that areas focused on Prime Minister Sir Keir Starmer’s “plan for change”, which includes targets to improve living standards across the country and build 1.5 million homes, must be prioritised. Ms Reeves said: “By totally rewiring how the Government spends money we will be able to deliver our plan for change and focus on what matters for working people. “The previous government allowed millions of pounds of taxpayers’ money to go to waste on poor value for money projects. We will not tolerate it; I said I would have an iron grip on the public finances and that means taking an iron fist against waste. “By reforming our public services, we will ensure they are up to scratch for modern day demands, saving money and delivering better services for people across the country. That’s why we will inspect every pound of Government spend, so that it goes to the right places and we put an end to all waste.” Under the Treasury’s plans, departments will ensure budgets are scrutinised by “challenge panels” of external experts including former senior management of Lloyd’s Banking Group, Barclays Bank and the Co-operative Group. These panels, which will also involve think tanks, academics and the private sector, will advise on which spending “is or isn’t necessary”, the ministry said. The Treasury said work has already begun, with an evaluation of the £6.5 million spent on a scheme that placed social workers in schools finding “no evidence of positive impact on social care outcomes”. “Departments will be advised that where spending is not contributing to a priority, it should be stopped,” it said. “Although some of these decisions will be difficult, the Chancellor is clear that the public must have trust in the Government that it is rooting out waste and that their taxes are being spent on their priorities.” Ms Reeves had already announced efficiency and productivity savings of 2% across departments in her autumn budget as she seeks to put the public finances on a firmer footing. In a speech in east London, Chancellor of the Duchy of Lancaster Pat McFadden hinted at a further squeeze. “At the Budget the Chancellor demanded efficiency and productivity savings of 2% across departments – and there will be more to come,” he said. “As we launch the next phase of the spending review at its heart must be reform of the state in order to do a better job for the public.”