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European countries suspend Syrian asylum decisions after Assad's fall
MMA fighter Conor McGregor outside the High Court in Dublin during the civil rape case taken by Nikita Hand, which he lost. Photo: PA It’s surprising Fine Gael didn’t run Conor McGregor as a candidate in the general election. Given his social media spread, the party clearly missed an opportunity by not getting his endorsement. Mouthy millionaires with international business interests who slag people off are de rigueur in the party. Surely ‘The Notorious’ should have been invited to launch a campaign and to hell with the consequences. It matches the party’s current trends.El Salvador Lifts Landmark Mining Ban: Economic Boost or Environmental Risk?
First City Monument Bank is working with EStars to bring e-sports education to Nigerian schools. A statement from the bank said that the goal was to introduce Nigerians aged 7 to 14 across primary and secondary schools to essential skills for thriving in a digital world early in life. EStars launched its educational esports platform in Nigeria on July 16. The platform provides a fun and structured way for students to learn teamwork, communication, and problem-solving through gaming. These skills are essential for success in today’s world but are often not a focus in traditional classrooms. Commenting on the partnership, the Managing Director of FCMB, Mrs Yemisi Edun, said, “EStars has brought a fun and innovative way to advance students’ knowledge and life skills. This platform allows schools to harness the power of play to cultivate a love for learning.” This initiative aligns with FCMB’s commitment to fostering education and youth development in Nigeria. Related News FCMB offers N30m clean energy loans FCMB launches new accelerator programme to empower 350 FCMB celebrates customer service week Edun added, “At FCMB, we believe in equipping the next generation with the skills they need to thrive in the age of AI and automation. We are not just preparing them for the future but empowering them to shape it.” EStars’ founder, Mags Byrne, echoed this sentiment, saying, “Our mission is to empower young minds with the knowledge and skills they need to thrive in the esports industry and beyond.” The partnership aims to bridge the gap between traditional education and the burgeoning esports industry, providing students with valuable skills and potential career pathways. At the launch of the platform in July, the British Deputy High Commissioner, Jonny Baxter, noted that “Esports is now fully professional and is expected to contribute significantly to the UK economy. We are happy to support EStars in partnering with Nigerian schools.”Hockey: Bucks Open Season With Sweep Of Oahe
Oklahoma Democrats mourn Fred Harris, former US senator and presidential candidateCatLane Listen below or on the go on Apple Podcasts and Spotify Dow, S&P, and Nasdaq advance while yields slide to start holiday shortened week (0:25) J.P. Morgan's top biotech picks and analyst focus list (2:10). Will gold rally pause? (3:45) Transcript Wall Street's major market indices have kicked off the holiday-shortened trading week on a positive note as investors and traders process the latest developments surrounding President-elect Donald Trump's appointment of Scott Bessent as Treasury Secretary. As the day progresses, the financial community has seen a positive shift in the blue-chip Dow ( DJI ) as the index advanced 0.9%. At the same time, the benchmark S&P 500 ( SP500 ) has climbed up 0.2%, and the tech-focused Nasdaq Composite ( COMP:IND ) pushed up 0.1%. From a sector-by-sector point of view, eight of the 11 S&P sectors find themselves moving higher with Consumer Discretionary and Real Estate leading the charge. In reverse, the worst performing sector on Wall Street so far has been the Energy sector. U.S. Treasury yields have taken a leg lower to start the week with the shorter end more rate sensitive U.S. 2-Year Treasury yield ( US2Y ) down by 10 basis points to 4.27% and the longer end U.S. 10-Year Treasury yield ( US10Y ) down 13 basis points to 4.26%. For more, see how Treasury yields have done across the curve on the Seeking Alpha bond page. As Bitcoin ( BTC-USD ) continues to flirt with the $100K level, it was noted in a filing on Monday that MicroStrategy ( MSTR ) bought ~55,500 more bitcoins for ~$5.4B in the week of Nov. 18-24, a ~17% increase in its bitcoin holdings. On Friday, after the U.S. market closed, media reports said that, President-elect Donald Trump will nominate hedge fund manager Scott Bessent to head up the Treasury Department under his new administration. "Markets reacted positively to Trump nominating the financier Bessent as treasury secretary. Investors prefer orthodoxy, predictability, and coherence from economic policy; there were fears that some of the candidates may not possess those attributes. Bessent does," UBS' Paul Donovan said. J.P. Morgan said its top biotech picks for 2025 were Vertex (NASDAQ: VRTX ), Travere (NASDAQ: TVTX ), SpringWorks (NASDAQ: SWTX ), PTC Therapeutics (NASDAQ: PTCT ), Wave Life Sciences (NASDAQ: WVE ), Xenon Pharmaceuticals (NASDAQ: XENE ), Edgewise Therapeutics (NASDAQ: EWTX ), Blueprint (NASDAQ: BPMC ) and Roivant (NASDAQ: ROIV ). Look for a deeper dive into SpringWorks on today's Investing Experts podcast with Jonathan Faison. In November's Sentiment Survey by Seeking Alpha's Wall Street Breakfast, subscribers were asked to identify the most realistic alternative energy source in the U.S. Choices given were wind, solar, nuclear, geothermal and hydropower, but only one clear winner emerged from the poll with 72.8% of the vote. The most popular reply from a total of 1,410 responses? Go nuclear. It's not surprising as the sector has recently experienced a wave of investment, especially from Big Tech , and might have more staying power this time around due to demand from artificial intelligence and data centers. J.P. Morgan analysts updated their “Analyst Focus List” which targets growth, income, value, and short ideas. Analysts added Tapestry ( TPR ), Alarm.com ( ALRM ), and Regency Centers ( REG ), while removing AbbVie ( ABBV ), Vera Therapeutics ( VERA ), CarMax ( KMX ), Entergy ( ETR ), and Bank of America ( BAC ). Spot gold ( XAUUSD:CUR ) rose ~6% in the previous week, supported by safe-haven demand amid fears of an escalation in the war in Ukraine, and gained 31% this year. It was down -1.81% to $2,666.80 an ounce on Monday, pressured by profit-taking after a five-session rally. Silver ( XAGUSD:CUR ) has also risen significantly this year following the gold price, trading almost 30% higher than at the beginning of 2024. Macy's (NYSE: M ) is scheduled to announce Q3 earnings results on Tuesday, November 26th, before market open. The consensus EPS Estimate is -$0.01 and the consensus Revenue Estimate is $4.72B (-2.9% Y/Y). Over the last 2 years, M has beaten EPS estimates 100% of the time and has beaten revenue estimates 88% of the time. On the economic calendar, The Chicago Fed national activity index sank deeper into the red in October. Wall Street will have a shortened trading week due to the Thanksgiving holiday on Thursday, with markets also closing early on Friday. Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.
Washington: In the heat of the 2000 presidential campaign, Democratic candidate vice president Al Gore took a break from barnstorming battleground states to attend a fundraiser for the Democratic National Committee in East Hampton, New York. Standing behind Gore onstage was Scott Bessent, a hedge fund manager and — at the time — a major donor to Democrats who cohosted the event at his home. On Saturday AEDT, Bessent was tapped by President-elect Donald Trump to be his Treasury secretary. Having won the trust of Trump and his inner circle, Bessent would lead a Republican economic agenda of cutting taxes, culling federal regulations and enacting sweeping tariffs. As Treasury secretary, Scott Bessent would help Donald Trump as he attempts to remake the US economy. Credit: AP The selection caps an extraordinary career arc for an investor who was once a protege of liberal billionaire philanthropist George Soros and gave money to top Democrats, including Hillary Clinton, John Kerry and Barack Obama. “He was very supportive of the causes and the people that we supported,” said Will Trinkle, a Democrat who cohosted the event with Gore. He noted that Bessent, who would be the first openly gay Treasury secretary, was a strong advocate for gay rights and marriage equality. If confirmed by the Senate, Bessent would help Trump as he attempts to remake the US economy. As Treasury secretary, Bessent would work to steer tax cuts through Congress, lead trade negotiations with China and help cull federal regulations that Trump believes are stifling the economy. Bessent, 62, declined to be interviewed. But friends and former colleagues described him as driven by data and as intellectually curious, with an ability to work with people from across the ideological and political spectrum. Raised in a fishing village in South Carolina, Bessent is the son of a real estate developer who experienced several of his own financial booms and busts. He went on to Yale University, where he was class treasurer, wrote for The Yale Daily News and wanted to become a journalist. In college, Bessent reflected on the challenges of being a Southerner in New England, writing in the paper in 1981: “I was the only one in the dorm who was heartbroken when George Wallace decided not to run for president.” Bessent studied political science but ended up working in finance after getting an internship with Jim Rogers, an investor and business partner of Soros’. In the 1990s, he worked as a partner at Soros Fund Management, gaining notoriety by betting against the British pound and earning the firm $US1 billion. After leaving to start his own fund, Bessent returned in 2011 to become Soros’ chief investment officer. By then, Bessent had become a major donor to Republican candidates. According to a summary of his donations provided by his office, Bessent has given about $US15 million ($23 million) to political causes over the years, and all but $US300,000 has gone to Republicans. He gave $US1 million to Trump’s inauguration in 2016. Scott Bessent has described tariffs as a useful tool for achieving foreign policy objectives. Credit: Bloomberg Bessent was not part of Trump’s political orbit during his first campaign or term as president but has known the Trump family for decades and was close friends with the president-elect’s late brother, Robert. This past spring, when many business leaders were hesitant to back Trump publicly as his legal troubles mounted, Bessent took a different view. He saw Trump as a “stock that goes up on bad news”, as he explained it to political analyst Mark Halperin last month, because every apparent setback appeared to strengthen his candidacy. Concerned about the exploding national debt and the need to change the international trading system, Bessent set up a meeting with Trump and started exchanging economic policy ideas. In recent months, Bessent has pitched a “3-3-3” plan that would aim for 3 per cent economic growth, reduce the budget deficit to 3 per cent of gross domestic product and increase domestic oil production by 3 million barrels per day. He also came up with an idea that would allow the president to essentially sideline the chair of the Federal Reserve, although he has backed down from that proposal in the face of opposition. In some policy areas, Bessent has demonstrated an inclination to temper Trump’s economic impulses. He suggested that Trump’s idea of assigning a 15 per cent tax rate to companies that produce their products in the US could run afoul of international trade laws. And he has described Trump’s plan for blanket tariffs as a “maximalist” negotiating strategy, suggesting that tariffs should be phased in to give markets time to adjust. Bessent was chosen after an internal tussle among Trump’s aides over the job. Howard Lutnick, Trump’s transition team co-chair and chief executive of Cantor Fitzgerald, made a late pitch to secure the Treasury secretary role for himself. As Trump was deciding, sceptics of Bessent raised concerns about his ties to Soros and suggested he was not a true believer in tariffs. However, he won the public support of key advisers to Trump such as Larry Kudlow and Steve Bannon, who viewed him as the best choice. Loading For Bessent, the challenge now will be remaining in Trump’s good graces as the president-elect once again looks to upend the international trading system and rewrite the tax code. Trump’s first Treasury secretary, Steven Mnuchin, often tried to dissuade Trump from imposing new tariffs and would attempt to calm markets as trade tensions flared. Still, he managed to maintain Trump’s trust. Stanley Druckenmiller, a hedge fund investor who worked with Bessent at Soros Fund Management, said that although Bessent is soft-spoken, he can also be “tough and persuasive” and that he has the right temperament to work for a demanding boss such as Trump. “If anybody can handle it, it’s Scott,” Druckenmiller said. This article originally appeared in The New York Times . Save Log in , register or subscribe to save articles for later. US Votes 2024 USA US politics Donald Trump For subscribers Most Viewed in World LoadingBy KENYA HUNTER, Associated Press ATLANTA (AP) — As she checked into a recent flight to Mexico for vacation, Teja Smith chuckled at the idea of joining another Women’s March on Washington . As a Black woman, she just couldn’t see herself helping to replicate the largest act of resistance against then-President Donald Trump’s first term in January 2017. Even in an election this year where Trump questioned his opponent’s race , held rallies featuring racist insults and falsely claimed Black migrants in Ohio were eating residents’ pets , he didn’t just win a second term. He became the first Republican in two decades to clinch the popular vote, although by a small margin. “It’s like the people have spoken and this is what America looks like,” said Smith, the Los Angeles-based founder of the advocacy social media agency, Get Social. “And there’s not too much more fighting that you’re going to be able to do without losing your own sanity.” After Trump was declared the winner over Democratic Vice President Kamala Harris , many politically engaged Black women said they were so dismayed by the outcome that they were reassessing — but not completely abandoning — their enthusiasm for electoral politics and movement organizing. Black women often carry much of the work of getting out the vote in their communities. They had vigorously supported the historic candidacy of Harris, who would have been the first woman of Black and South Asian descent to win the presidency. Harris’ loss spurred a wave of Black women across social media resolving to prioritize themselves, before giving so much to a country that over and over has shown its indifference to their concerns. AP VoteCast , a survey of more than 120,000 voters, found that 6 in 10 Black women said the future of democracy in the United States was the single most important factor for their vote this year, a higher share than for other demographic groups. But now, with Trump set to return to office in two months, some Black women are renewing calls to emphasize rest, focus on mental health and become more selective about what fight they lend their organizing power to. “America is going to have to save herself,” said LaTosha Brown, the co-founder of the national voting rights group Black Voters Matter. She compared Black women’s presence in social justice movements as “core strategists and core organizers” to the North Star, known as the most consistent and dependable star in the galaxy because of its seemingly fixed position in the sky. People can rely on Black women to lead change, Brown said, but the next four years will look different. “That’s not a herculean task that’s for us. We don’t want that title. ... I have no goals to be a martyr for a nation that cares nothing about me,” she said. AP VoteCast paints a clear picture of Black women’s concerns. Black female voters were most likely to say that democracy was the single most important factor for their vote, compared to other motivators such as high prices or abortion. More than 7 in 10 Black female voters said they were “very concerned” that electing Trump would lead the nation toward authoritarianism, while only about 2 in 10 said this about Harris. About 9 in 10 Black female voters supported Harris in 2024, according to AP VoteCast, similar to the share that backed Democrat Joe Biden in 2020. Trump received support from more than half of white voters, who made up the vast majority of his coalition in both years. Like voters overall, Black women were most likely to say the economy and jobs were the most important issues facing the country, with about one-third saying that. But they were more likely than many other groups to say that abortion and racism were the top issues, and much less likely than other groups to say immigration was the top issue. Despite those concerns, which were well-voiced by Black women throughout the campaign, increased support from young men of color and white women helped expand Trump’s lead and secured his victory. Politically engaged Black women said they don’t plan to continue positioning themselves in the vertebrae of the “backbone” of America’s democracy. The growing movement prompting Black women to withdraw is a shift from history, where they are often present and at the forefront of political and social change. One of the earliest examples is the women’s suffrage movement that led to ratification in 1920 of the 19th Amendment to the Constitution , which gave women the right to vote. Black women, however, were prevented from voting for decades afterward because of Jim Crow-era literacy tests, poll taxes and laws that blocked the grandchildren of slaves from voting. Most Black women couldn’t vote until the Voting Rights Act of 1965. Black women were among the organizers and counted among the marchers brutalized on the Edmund Pettus Bridge in Alabama, during the historic march in 1965 from Selma to Montgomery that preceded federal legislation. Decades later, Black women were prominent organizers of the Black Lives Matter movement in response to the deaths of Black Americans at the hands of police and vigilantes. In his 2024 campaign, Trump called for leveraging federal money to eliminate diversity, equity and inclusion programs in government programs and discussions of race, gender or sexual orientation in schools. His rhetoric on immigration, including false claims that Black Haitian immigrants in Springfield, Ohio, were eating cats and dogs, drove support for his plan to deport millions of people . Tenita Taylor, a Black resident of Atlanta who supported Trump this year, said she was initially excited about Harris’ candidacy. But after thinking about how high her grocery bills have been, she feels that voting for Trump in hopes of finally getting lower prices was a form of self-prioritization. “People say, ‘Well, that’s selfish, it was gonna be better for the greater good,”’ she said. “I’m a mother of five kids. ... The things that (Democrats) do either affect the rich or the poor.” Some of Trump’s plans affect people in Olivia Gordon’s immediate community, which is why she struggled to get behind the “Black women rest” wave. Gordon, a New York-based lawyer who supported the Party for Socialism and Liberation’s presidential nominee, Claudia de la Cruz, worries about who may be left behind if the 92% of Black women voters who backed Harris simply stopped advocating. “We’re talking millions of Black women here. If millions of Black women take a step back, it absolutely leaves holes, but for other Black women,” she said. “I think we sometimes are in the bubble of if it’s not in your immediate circle, maybe it doesn’t apply to you. And I truly implore people to understand that it does.” Nicole Lewis, an Alabama-based therapist who specializes in treating Black women’s stress, said she’s aware that Black women withdrawing from social impact movements could have a fallout. But she also hopes that it forces a reckoning for the nation to understand the consequences of not standing in solidarity with Black women. “It could impact things negatively because there isn’t that voice from the most empathetic group,” she said. “I also think it’s going to give other groups an opportunity to step up. ... My hope is that they do show up for themselves and everyone else.” Brown said a reckoning might be exactly what the country needs, but it’s a reckoning for everyone else. Black women, she said, did their job when they supported Harris in droves in hopes they could thwart the massive changes expected under Trump. “This ain’t our reckoning,” she said. “I don’t feel no guilt.” AP polling editor Amelia Thomson DeVeaux and Associated Press writer Linley Sanders in Washington contributed to this report. The Associated Press Health and Science Department receives support from the Robert Wood Johnson Foundation. The AP is solely responsible for all content.
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