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Technology stocks pulled Wall Street to another record amid mixed trading. The S&P 500 rose 0.2% Monday after closing November at an all-time high. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite gained 1%. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared after saying an investigation found no evidence of misconduct by its management or the company’s board. Retailers were mixed coming off Black Friday and heading into what’s expected to be the best Cyber Monday on record. Treasury yields held relatively steady in the bond market. On Monday: The S&P 500 rose 14.77 points, or 0.2%, to 6,047.15. The Dow Jones Industrial Average fell 128.65 points, or 0.3%, to 44,782. The Nasdaq composite rose 185.78 points, or 1%, to 19,403.95. The Russell 2000 index of smaller companies fell 0.59 points, or less than 0.1%, to 2,434.14. For the year: The S&P 500 is up 1,277.32 points, or 26.8%. The Dow is up 7,092.46 points, or 18.8%. The Nasdaq is up 4,392.60 points, or 29.3%. The Russell 2000 is up 407.06 points, or 20.1%.In many parts of the world, especially in rural communities, traditional beliefs and folk sayings are often used to predict the severity of upcoming seasons. One such interesting and popular prediction method is the use of the proverb "The Three Ones of December" to determine how cold the winter will be. This proverb, often referred to as a farming adage, carries with it a deep cultural significance and has been passed down through generations as a way to prepare for the challenges of winter.Prime Minister Benjamin Netanyahu repeatedly rejected proposals to assassinate Hamas leaders, including during a meeting six days before the 7 October 2023 attack, according to a report by Israel’s Channel 12. The report, which aired on Saturday, said Netanyahu turned down plans to assassinate Yahya Sinwar, the now-killed Hamas leader, and Mohammed Deif, whom Israel alleges was killed in August - a claim by Hamas. The investigation that Netanyahu received detailed intelligence in 2014 about Hamas’ plans to invade Israel but blocked any significant responses to Hamas fighters’ activities and training near the border with the Gaza Strip. Channel 12 also reported that in 2018, Netanyahu rejected a plan proposed by then-Defence Minister Avigdor Lieberman and the Shin Bet intelligence agency to kill senior Hamas leaders, including Sinwar and Deif. Instead, he opted to send then-Mossad chief Yossi Cohen to to negotiate financial support for Hamas in exchange for maintaining calm in southern Israel. Netanyahu reportedly opposed a similar plan presented on 1 October 2023, six days before the Hamas attack that killed over 1,100 Israelis and resulted in 250 taken captive. On that day, Netanyahu met with the military's chief of staff, Herzi Halevi, and Shin Bet chief Ronin Bar. According to the investigation, Halevi believed they had to “prepare for a major campaign against Hamas”, while Bar reportedly said: “Sinwar feels increasingly free to act. He needs to be eliminated”. Channel 12 reported that Netanyahu dismissed these plans and concerns, believing Hamas was sufficiently deterred. The outlet also said the Israeli leader prioritised saving his political image after the war began. “The police investigations that have been made public are just the tip of the iceberg,” a source close to Netanyahu’s office reportedly told the outlet. “The public does not understand what happened in the prime minister’s office after 7 October. While parents still didn’t know what had happened to their children and as entire families were being taken hostage, they built a plan for how to save Netanyahu.” The prime minister’s office denied the allegations made by Channel 12, describing them as “a recycling of baseless lies that have been refuted in the past and which are intended to discredit Prime Minister Netanyahu, who is leading Israel to unprecedented achievements on seven fronts”. The report comes as Netanyahu faces increasing internal scrutiny, with many accusing him of refusing to take accountability for the failures of 7 October. Israel’s ongoing war on Gaza has resulted in the deaths of over 44,000 Palestinians, the destruction of much of the enclave’s infrastructure and the by the International Criminal Court for Netanyahu, former Defence Minister Yoav Gallant as well as Deif.
Unbeknownst to her, this was a clever scheme orchestrated by scammers to exploit vulnerable individuals like Ms. X who were enticed by the prospect of quick and easy money. Ms. X ended up being scammed out of a staggering $80,000 through a series of fraudulent transactions and fake rebate offers.The Massachusetts Institute of Technology (MIT) announced on Wednesday a significant expansion of its financial aid program. Starting next fall, undergraduate students whose families earn less than $200,000 annually will not pay tuition. For families earning under $100,000, MIT will cover additional costs, including housing, dining, fees, and allowances for books and personal expenses. Assembly Election Results Live Updates Maharashtra Election Results Jharkhand Election Results Bypoll Election Results The initiative is part of a broader national trend to make higher education more accessible and builds on MIT’s existing financial aid structure. Currently, the university provides full-tuition scholarships for students from families earning up to $140,000 and covers all expenses for those earning up to $75,000. Expanding Access to Higher Education Sally Kornbluth, MIT’s president, emphasized the institution’s commitment to affordability in a statement: "The cost of college is a real concern for families across the board. We're determined to make this transformative educational experience available to the most talented students, whatever their financial circumstances. To every student out there who dreams of coming to MIT: Don't let concerns about cost stand in your way." (Join our ETNRI WhatsApp channel for all the latest updates) The expanded aid plan increases the university’s financial aid budget to $167.3 million for the current academic year, reflecting a 70% rise over the past decade. Undergraduates receiving financial aid for the 2023–2024 school year paid a median price of $12,938, and nearly 87% of the graduating class will complete their studies without loans. 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The University of Texas system recently approved a plan to waive tuition and associated costs for undergraduates from families earning $100,000 or less, effective next fall. Harvard University also progressively raised its income threshold for free tuition, which now applies to families earning up to $85,000 annually. MIT's tuition for the 2024–2025 academic year is approximately $62,000, with total costs—including housing—nearing $86,000. Families earning between $100,000 and $200,000 will pay a sliding scale, with a maximum out-of-pocket cost of $24,000. Financial aid will remain available to families earning above $200,000 based on specific circumstances. Students must submit MIT's financial aid application and tax documentation to qualify. Financial aid advisors are available to assist families with the process. "We believe MIT should be the preeminent destination for the most talented students in the country interested in an education centered on science and technology, and accessible to the best students regardless of their financial circumstances," Stu Schmill, MIT’s dean of admissions and student financial services, said. This move further positions MIT as a leader in science and technology education while ensuring that affordability does not hinder the aspirations of the most capable students. Assembly Election Results Live Updates Maharashtra Poll Results Highlights 2024 Jharkhand Poll Results Highlights 2024Three long days of counting in the General Election finished late on Monday night when the final two seats were declared in the constituency of Cavan-Monaghan. Fianna Fail was the clear winner of the election, securing 48 of the Dail parliament’s 174 seats. Sinn Fein took 39 and Fine Gael 38. Labour and the Social Democrats both won 11 seats; People Before Profit-Solidarity took three; Aontu secured two; and the Green Party retained only one of its 12 seats. Independents and others accounted for 21 seats. The return of a Fianna Fail/Fine Gael-led coalition is now highly likely. However, their combined seat total of 86 leaves them just short of the 88 needed for a majority in the Dail. While the two centrist parties that have dominated Irish politics for a century could look to strike a deal with one of the Dail’s smaller centre-left parties, such as the Social Democrats or Labour, a more straightforward route to a majority could be achieved by securing the support of several independent TDs. For Fianna Fail leader Micheal Martin and current taoiseach and Fine Gael leader Simon Harris, wooing like-minded independents would be likely to involve fewer policy concessions, and financial commitments, than would be required to convince another party to join the government benches. Longford-Westmeath independent TD Kevin “Boxer” Moran, who served in a Fine Gael-led minority government between 2017 and 2020, expressed his willingness to listen to offers to join the new coalition in Dublin. “Look, my door’s open,” he told RTE. “Someone knocks, I’m always there to open it.” Marian Harkin, an independent TD for Sligo-Leitrim, expressed her desire to participate in government as she noted that Fianna Fail and Fine Gael were within “shouting distance” of an overall majority. “That means they will be looking for support, and I certainly will be one of those people who will be speaking to them and talking to them and negotiating with them, and I’m looking forward to doing that, because that was the reason that I ran in the first place,” she said. Meanwhile, the Social Democrats and Irish Labour Party both appear cautious about the prospect of an alliance with Fianna Fail and Fine Gael. They will no doubt be mindful of the experience of the Green Party, the junior partner in the last mandate. The Greens experienced near wipeout in the election, retaining only one of their 12 seats. Sinn Fein appears to currently have no realistic route to government, given Fianna Fail and Fine Gael’s ongoing refusal to share power with the party. Despite the odds being stacked against her party, Sinn Fein president Mary Lou McDonald contacted the leaders of the Social Democrats and Labour on Monday to discuss options. Earlier, Fianna Fail deputy leader and outgoing Finance Minister Jack Chambers predicted that a new coalition government would not be in place before Christmas. Mr Chambers said planned talks about forming an administration required “time and space” to ensure that any new government will be “coherent and stable”. After an inconclusive outcome to the 2020 election, it took five months for Fianna Fail, Fine Gael and the Greens to strike the last coalition deal. Mr Chambers said he did not believe it would take that long this time, as he noted the Covid-19 pandemic was a factor in 2020, but he also made clear it would not be a swift process. He said he agreed with analysis that there was no prospect of a deal before Christmas. “I don’t expect a government to be formed in mid-December, when the Dail is due to meet on December 18, probably a Ceann Comhairle (speaker) can be elected, and there’ll have to be time and space taken to make sure we can form a coherent, stable government,” he told RTE. “I don’t think it should take five months like it did the last time – Covid obviously complicated that. But I think all political parties need to take the time to see what’s possible and try and form a stable government for the Irish people.” Fine Gael minister of state Peter Burke said members of his parliamentary party would have to meet to consider their options before giving Mr Harris a mandate to negotiate a new programme for government with Fianna Fail. “It’s important that we have a strong, stable, viable government, whatever form that may be, to ensure that we can meet the challenges of our society, meet the challenges in terms of the economic changes that are potentially going to happen,” he told RTE. Despite being set to emerge with the most seats, it has not been all good news for Fianna Fail. The party’s outgoing Health Minister Stephen Donnelly became one of the biggest casualties of the election when he lost his seat in Wicklow in the early hours of Monday morning. Mr Donnelly was always predicted to face a fight in the constituency after boundary changes saw it reduced from five to four seats. If it is to be a reprise of the Fianna Fail/Fine Gael governing partnership of the last mandate, one of the major questions is around the position of taoiseach and whether the parties will once again take turns to hold the Irish premiership during the lifetime of the new government. The outcome in 2020 saw the parties enter a coalition on the basis that the holder of the premier position would be exchanged midway through the term. Fianna Fail leader Mr Martin took the role for the first half of the mandate, with Leo Varadkar taking over in December 2022. Current Fine Gael leader Mr Harris succeeded Mr Varadkar as taoiseach when he resigned from the role earlier this year. However, this time Fianna Fail has significantly increased its seat lead over Fine Gael, compared with the last election when there were only three seats between the parties. The size of the disparity in party numbers is likely to draw focus on the rotating taoiseach arrangement, raising questions as to whether it will be re-run in the next coalition and, if it is, on what terms. On Sunday, Simon Coveney, a former deputy leader of Fine Gael, said a coalition that did not repeat the rotating taoiseach arrangement in some fashion would be a “difficult proposition” for his party. Meanwhile, Fine Gael minister Paschal Donohoe said he would be making the case for Mr Harris to have another opportunity to serve as taoiseach. On Monday, Mr Chambers said while his party would expect to lead the government it would approach the issue of rotating the taoiseach’s role on the basis of “mutual respect” with Fine Gael. “I think the context of discussions and negotiations will be driven by mutual respect, and that’s the glue that will drive a programme for government and that’s the context in which we’ll engage,” he said. On Monday, Labour leader Ivana Bacik reiterated her party’s determination to forge an alliance with fellow centre-left parties with the intention of having a unified approach to the prospect of entering government. Asked if Labour was prepared to go into government with Fianna Fail and Fine Gael on its own, she told RTE: “No, not at this stage. We are absolutely not willing to do that. “We want to ensure there’s the largest number of TDs who share our vision and our values who want to deliver change on the same basis that we do.” The Social Democrats have been non-committal about any potential arrangement with Fianna Fail and Fine Gael, and have restated a series of red lines they would need to achieve before considering taking a place in government. Leader Holly Cairns, who gave birth to a daughter on polling day on Friday, said in a statement: “The party is in a very strong position to play an important role in the next Dail. In what position, government or opposition, remains to be seen.” Fianna Fail secured the most first preference votes in Friday’s proportional representation election, taking 21.9% to Fine Gael’s 20.8%. Sinn Fein came in third on 19%. While Sinn Fein’s vote share represented a marked improvement on its disappointing showing in June’s local elections in Ireland, it is still significantly down on the 24.5% poll-topping share it secured in the 2020 general election. The final breakdown of first preferences also flipped the result of Friday night’s exit poll, which suggested Sinn Fein was in front on 21.1%, with Fine Gael on 21% and Fianna Fail on 19.5%.
Cop29 climate deal criticised as a ‘death sentence for millions’
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