Easing inflationary pressures and falling interest rates have triggered a strong rally in the this year. The Canadian market benchmark has jumped by over 21% year to date and currently trades close to the 25,400 level. While much of the market’s focus has been on technology and industrial stocks, the could also present some attractive opportunities for long-term investors right now. As inflation continues to ease and borrowing costs decline in 2024, real estate stocks could stage a sharp recovery from the challenges of high interest rates seen in recent years. In this article, I’ll highlight two no-brainer Canadian real estate stocks you can buy for less than $1,000 today and expect solid returns on investments in the long run. Colliers International stock While ( ) isn’t a traditional (REIT), it’s one of the top players in the global commercial real estate services industry. This Canadian firm mainly generates revenue by providing services like property sales, leasing, valuation, and workplace consulting. With a of $10.1 billion, CIGI stock currently trades at $200.91 per share after rallying by around 38% over the last year. In the third quarter, Colliers posted an 11.7% YoY (year-over-year) increase in its total revenue to US$1.2 billion with the help of strong performance across all service lines. Similarly, the company’s adjusted quarterly earnings climbed by 10.9% from a year ago to US$1.32 per share as it continued to focus on cost management and operational efficiencies. Colliers recently acquired the Canadian professional engineering services firm Englobe, which is likely to strengthen its project management and consulting services segment. Notably, such strategic acquisitions have been playing a key role in boosting Colliers’s recurring revenue streams, which now account for over 70% of its earnings. With the easing of borrowing costs, this real estate sector-focused firm could benefit from increased transaction volumes and a more favourable real estate market in the coming years. FirstService stock ( ) could be another attractive TSX stock to consider right now if you’re looking to gain exposure to the real estate sector without directly investing in property ownership. With a market cap of $12.1 billion, this Canadian firm mainly focuses on property services across North America, including residential and commercial property management, as well as restoration and maintenance services. After rallying by 25% so far in 2024, FSV stock currently trades at $268.05 per share. In the quarter ended in September 2024, FirstService posted a solid 25% YoY rise in its consolidated revenues to US$1.4 billion with the help of strategic acquisitions and organic growth. More importantly, its adjusted quarterly earnings jumped 30.4% from a year ago to US$1.63 per share, beating analysts’ expectations of US$1.42 per share due to the strong performance of its FirstService Brands segment. This strong performance highlights FirstService’s ability to drive growth despite a challenging macroeconomic environment. With easing inflation and lower interest rates expected to boost demand for its restoration and property management services, this real estate sector-focused firm could benefit further from favourable economic conditions in the coming years, which should help its share prices rise.Today’s news headlines and Thought for the Day for school assembly: 5 December 2024While discussing how Major League Baseball owners could proactively rework revenue sharing to help smaller-market clubs remain competitive, KMOX/1120 AM host and frequent Best Podcast in Baseball guest Kevin Wheeler strikes upon a model the Cardinals could aspire to emulate during their self-imposed reset. It's not a team from a similar market size, but it is one the Cardinals were, until the past few seasons, most similar when it came to revenues. "The Atlanta Braves," Wheeler suggests. A team that develops, acquires, and keeps young impact players, Atlanta is closer, Wheeler argues, to the Cardinals in operations than the juggernaut Los Angeles Dodgers, aggressive-spending Philadelphia Phillies, or some of the big-budget barons of the American League. That prompts a look, position by position, about how the Cardinals could mirror Atlanta, and how wide the gap is for them to close. The Cardinals can start by accumulating talent, and that is what they're looking to do via trade this winter and, potentially, through the next season. This leads to the question on whether the Cardinals have a homegrown, surefire, superstar hitter ready to take a "Golden At-Bat" -- which is all the talk this past week as the commissioner referenced a rule that would allow a team to choose its hitter for a pivotal moment in a game, disregarding the lineup and more than a century of estabslihed rule for the drama. The Cardinals' front office heads to Dallas for the annual Winter Meetings on Sunday (Dec. 8), and they're in trade-talk mode. This brand new episode of BPIB, hosted by baseball writer Derrick Goold, begins by looking at the dominos that must fall elsewhere in the market for teams to turn toward the Cardinals and begin some holiday shopping with St. Louis. The Best Podcast in Baseball, sponsored by Closets by Design of St. Louis, is a production of Stltoday.com , the St. Louis Post-Dispatch, and Derrick Goold.
Mayra Guillen, Sister of Soldier Whose Death Highlighted Fight Against Military Sexual Assault, Endorses Pete HegsethPerpetual motion
Jimmy Carter, the 39th US president, has died at 100 ATLANTA (AP) — Former U.S. President Jimmy Carter has died. He was 100 years old and had spent roughly 22 months in hospice care. The Georgia peanut farmer served one turbulent term in the White House before building a reputation as a global humanitarian and champion of democracy. He defeated President Gerald Ford in 1976 promising to restore trust in government but lost to Ronald Reagan four years later amid soaring inflation, gas station lines and the Iran hostage crisis. He and his wife Rosalynn then formed The Carter Center, and he earned a Nobel Peace Prize while making himself the most internationally engaged of former presidents. The Carter Center said he died peacefully Sunday afternoon in Plains, Georgia, surrounded by his family. Jimmy Carter: Many evolutions for a centenarian ‘citizen of the world’ PLAINS, Ga. (AP) — The 39th and longest-lived U.S. president, James Earl Carter Jr., died Sunday at the age of 100. His life ended where it began, in Plains, Georgia. He left and returned to the tiny town many times as he climbed to the nation’s highest office and lost it after four tumultuous years. Carter spent the next 40 years setting new standards for what a former president can do. Carter wrote nearly a decade ago that he found all the phases of his life challenging but also successful and enjoyable. The Democrat's principled but pragmatic approach defied American political labels, especially the idea that one-term presidents are failures. What we know about the deadly passenger jet crash in South Korea SEOUL, South Korea (AP) — South Korean officials are investigating the crash landing of a passenger jet that's one of the deadliest disasters in that nation's aviation history. Transport Ministry officials said the airport control tower issued a bird strike warning to the plane shortly before it intended to land and gave its pilot permission to land in a different area on Sunday. The Boeing 737-800 skidded off the runway, crashed into a barrier and burst into flames. All but two of the 181 people on board died. The Jeju Air passenger plane was flying from Bangkok to the town of Muan, about 180 miles south of Seoul, when the crash happened. South Korean authorities seek warrant to detain impeached President Yoon in martial law probe SEOUL, South Korea (AP) — South Korean law enforcement officials have requested a court warrant to detain impeached President Yoon Suk Yeol as they investigate whether his short-lived martial law decree this month amounted to rebellion. The Corruption Investigation Office for High-Ranking Officials, which is leading a joint investigation with police and military authorities into the power grab that lasted only a few hours, confirmed it requested the warrant on Monday. Investigators plan to question Yoon on charges of abuse of authority and orchestrating a rebellion. Tornadoes in Texas and Mississippi kill 2 and injure 6 as severe weather system moves east HOUSTON (AP) — A strong storm system is threatening to whip up tornadoes in parts of the U.S. Southeast, a day after severe weather claimed at least two lives as twisters touched down in Texas and Mississippi. Strong storms moving eastward Sunday are expected to continue producing gusty, damaging winds, hail and tornadoes through Sunday. That is according to National Weather Service meteorologist Frank Pereira. So far, the line of severe weather has led to about 40 tornado reports from southeastern Texas to Alabama, Pereira said, but those reports remain unconfirmed until surveys of damage are completed. A fourth infant dies of the winter cold in Gaza as families share blankets in seaside tents DEIR AL-BALAH, Gaza Strip (AP) — A fourth infant has died of hypothermia in Gaza, where hundreds of thousands of Palestinians displaced by nearly 15 months of war are huddled in tents along the rainy, windswept coast as winter arrives. The baby's father says the 20-day-old child was found with his head as “cold as ice” Sunday morning in their tent. The baby’s twin brother was moved to the intensive care unit of Al-Aqsa Martyrs Hospital. Their father says the twins were born one month premature and spent just a day in hospital, which like other Gaza health centers has been overwhelmed and only partially functions. Syria's de facto leader says it could take up to 4 years to hold elections BEIRUT (AP) — Syria’s de facto leader has said it could take up to four years to hold elections in Syria, and that he plans on dissolving his Islamist group that led the country’s insurgency at an anticipated national dialogue summit for the country. Ahmad al-Sharaa, who leads Hayat Tahrir al-Sham, the group leading the new authority in Syria, made the remarks in an interview Sunday. That's according to the Saudi television network Al-Arabiyya. It comes almost a month after a lightning insurgency led by HTS overthrew President Bashar Assad’s decades-long rule, ending the country’s uprising-turned civil war that started back in 2011. Azerbaijan's president says crashed jetliner was shot down by Russia unintentionally Azerbaijan’s President Ilham Aliyev says the Azerbaijani airliner that crashed last week was shot down by Russia, albeit unintentionally. Aliyev told Azerbaijani state television on Sunday that the aircraft was hit by fire from the ground over Russia and rendered uncontrollable by electronic warfare. He accused Russia of trying to “hush up” the issue for several days. The crash on Wednesday killed 38 of 67 people on board. Russian President Vladimir Putin apologized to Aliyev on Saturday for what he called a “tragic incident” but stopped short of acknowledging Moscow’s responsibility. Croatia's incumbent president gains most votes for re-election, but not enough to avoid a runoff ZAGREB, Croatia (AP) — Croatia’s incumbent President Zoran Milanovic has swept most votes in the first round of a presidential election, but will have to face a runoff against a ruling party candidate to secure another five-year term. With 99% percent of the vote counted Sunday, Milanovic won 49% while his main challenger Dragan Primorac, a candidate of the ruling HDZ party, trailed far behind with 19%. Pre-election polls had predicted that the two would face off in the second round on Jan. 12, as none of the eight presidential election contenders were projected to get more than 50% of the vote.MSNBC's Mika Brzezinski makes bizarre social media move after defending her controversial Trump meeting Follow DailyMail.com's politics live blog for all the latest news and updates By JOE HUTCHISON FOR DAILYMAIL.COM Published: 21:55 GMT, 22 November 2024 | Updated: 22:02 GMT, 22 November 2024 e-mail View comments Morning Joe co-host Mika Brzezinski has backed away from using social media platform X despite defending her meeting with president-elect Donald Trump and encouraging fans to 'speak to everyone'. Brzezinski, 57, made what appears to be her final post to the platform, owned by Trump supporter Elon Musk , opting to move to left-leaning site Bluesky . 'I’ve decided to leave X, but I’d love to keep the conversation going. Join me on BlueSky!', linking her new profile on the site. It's a far cry from the open-mindedness she has been preaching since her meeting with Trump. On Monday, Brzezinski and her husband and co-host Joe Scarborough said on their show that they had visited Trump at his Florida home after a years long feud. Things came to a boil earlier this year after Scarborough likened Trump to Adolf Hitler , with their visit sparking fury amongst their liberal viewers and show staff. Speaking about the visit for the first time with The Daily Beast podcast with hosts , Brzezinski said they met with Trump due to people being 'really scared'. 'The way I look at it is people are really scared, that's one of the reasons we went in there. People are really scared about Trump's comments about political adversaries. A lot of people are scared because of what has happened with abortion.' Speaking about the visit for the first time with The Daily Beast podcast, seen here, Brzezinski said they met with Trump due to people being 'really scared Brzezinski has now moved her social media presence to left-leaning site Bluesky instead of X ' I was trying to think through it, I think everyone is so scared. Whether they are in the media or citizens of this great country. 'I think everybody is scared, disorientated, fearful of the future, and I think just for a quick moment I might the punching bag for that. Read More Morning Joe suffers humiliating loss after they were roasted for secret meeting with Trump 'I'd like to believe we are going to get through this and I have a lot of questions too though, and I want the chance to ask them.' Her comments don't square with her leaving X, which is owned by Trump's closest ally, Elon Musk. When asked if the meeting made her more hopeful , she said: 'No, I would have no illusions about that. I am glad it happened. The fact that it happened is good.' 'I am deeply, deeply, upset and fearful for the woman of this country, and not just the women of child-bearing age. I'm going to be looking for ways to work on this issue.' Revealing the meeting on Monday, Brzezinski said they decided to reach out to Trump due to their viewers expressing fear over his election win . She added: 'My father [diplomat Zbigniew Brzezinski] often spoke with world leaders with whom he and the United States profoundly disagreed. That's a task shared by reporters and commentators alike. 'Joe and I realized it’s time to do something different and that starts with not only talking about Donald Trump, but also talking with him.' Brzezinski shared that Trump was cheerful during their meeting and seemed interested in finding common ground with Democrats. Revealing the meeting on Monday, Brzezinski said they decided to reach out to Trump due to their viewers expressing fear over his election win. She is seen here with Scarborough in 2015 Brzezinski shared that Trump was cheerful during their meeting and seemed interested in finding common ground with Democrats However, Scarborough concluded by telling viewers they will not stop their criticism of the president-elect. He said: 'Don’t be mistaken. We are not here to defend or normalize Donald Trump. Read More Glum Joe and Mika return to penthouse amid cuts as Rachel Maddow's shock new salary is revealed 'We are here to report on him and to hopefully provide you insights that are going to better equip all of us in understanding these deeply unsettling times.' Trump told Fox News that he took the meeting in order to 'Make America Great Again, it is very important, if not vital, to have a free, fair and open media or press.' 'I am not looking for retribution, grandstanding or to destroy people who treated me very unfairly,' he added. 'Many things were discussed, and I very much appreciated the fact that they wanted to have open communication,' he said. 'In many ways, it's too bad that it wasn't done long ago.' Trump said that both of the hosts, 'congratulated me on running a 'great and flawless campaign, one for the history books.' 'The meeting ended in a very positive manner, and we agreed to speak in the future,' he said. Following the big reveal on Monday, their ratings have tanked 15 percent overall and a whopping 41 percent in the 25-54 year old demographic. Trump appeared on the show dozens of times before the pair fell out spectacularly during the 2016 election cycle The show went from 770,000 viewers on Monday, to 680,000 Tuesday, to 647,000 Wednesday, per Variety. Trump used to be routine contributor to Morning Joe, and Scarborough was an early cheerleader for the billionaire's maverick bid for the GOP nomination in 2016. But relations soured as Trump pulled off a surprise victory in the Republican primaries and began to look like a serious challenger to the Democrats' Hillary Clinton. Read More Morning Joe host Joe Scarborough addresses claims he 'killed' intern who died in his office The four-hour morning show became a bastion of the Democratic establishment after Trump's first term, with President Joe Biden routinely tuning in while doing his morning exercises to see his acolytes promote the party's talking points. With Trump in the White House and Scarborough engaged to co-host Brzezinski he began cementing his show's identity as an outpost of opposition to the new administration. The couple even recorded a Christmas album called 'A Very Drumpf Christmas' with children's songs portraying the president as Dr. Seuss' The Grinch Who Stole Christmas. It eventually attracted the attention of the president himself, who delivered a series of withering put-downs, labeling Scarborough 'Psycho Joe' and his then-fiancée as 'low IQ Crazy Mika', while mischievously claiming she had been 'bleeding badly from a face-lift' during a visit to his Mar-a-Lago estate. Brzezinski later confirmed she'd been recovering from cosmetic surgery during the trip. And the feud deepened when the president revived long-debunked claims that Scarborough had been involved in the death of his former congressional staffer who was found dead on his office floor in 2001. An autopsy found that Lori Bolterstein Klausutis, 28, had hit her head on a desk after collapsing from an undiagnosed heart-valve irregularity but Trump called for a fresh investigation into the case. The allegations earned Trump his first rebuke from Twitter, which would eventually kick him off the platform altogether in January 2021. 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EDMONTON — Alberta Premier Danielle Smith says the government is working to get taxpayer value for the money it paid for medication that has yet to be approved and delivered. Smith announced the plan two years ago amid a national shortage of children's pain medication. The province spent $70 million upfront to import five million bottles from Turkey-based Atabay Pharmaceuticals. But Alberta Health Services said Friday that Health Canada only approved 1.5 million bottles or $21 million worth of product. That left a credit of $49 million. Smith said this week the holdup is with Health Canada, which would have to approve a new suite of imports for the province to get its money's worth. “We’re waiting for Health Canada to work with AHS to identify the products, get the formulations, approve it, so that we're able to execute on it. Those things take time," Smith said in a year-end interview. The premier said the province had to pay the $70 million upfront. "They delivered a portion, and then the supply chains were restored, and we didn't need to fulfil it with the two products we'd initially ordered. So we have a credit on file with Atabay,” said Smith. The government and AHS declined to say what specific products they're seeking or when they might arrive. “We want it to be delivered soon," said Smith. Health Canada was unable to provide an immediate response. AHS said the $70-million prepayment went to Edmonton-based medical supplier MHCare. AHS did not address questions about how common it is to pay the entire contracting fee upfront with no apparent backstops to ensure fulfilment. The costs of shipping, waste disposal and other administration tied to the deal were initially estimated to be an extra $10 million, but are yet to be finalized. NDP Leader Naheed Nenshi said Smith's United Conservative government signed a deal that didn't follow normal procurement practices, and it backfired. "The federal government had already signed a deal to get real Tylenol onto the shelves that arrived before the Turkish Tylenol," he told The Canadian Press. "Albertans should be really angry, because we basically have given $80 million of taxpayers money that could have built schools." Smith's government has stood by the decision to import the medication because, in late 2022, parents were desperate to find relief for their children at the height of the respiratory virus season. The purchase has long been mired in difficulties. It was immediately beset by delays, as the province sought regulatory approvals and sorted out packaging and warning labels. Pharmacists had to keep some of the medicine behind the counter to make sure customers who bought it were aware of the comparatively lower dosage. Hospital neonatal units eventually stopped using it due to safety concerns. The purchase also sparked questions about whether the province's relaxed ethics rules meant elected officials could be bought for the right price. Multiple UCP cabinet ministers have said they accepted free tickets to Edmonton Oilers hockey games during the Stanley Cup playoffs. They said they followed conflict-of-interest rules and denied any claims of disreputable behaviour. Health Minister Adriana LaGrange has said AHS has identified what imported adult medications it could use, is in negotiations with Atabay and is working to get approval from Health Canada. “Once those processes have been gone through, I will be happy to share exactly what those medications are,” she said Thursday. "My goal has always been to get products that we can use, get maximum value out of what's remaining on the books there, and that's what's happening." This report by The Canadian Press was first published Dec. 6, 2024. Lisa Johnson, The Canadian Press
Indian stock market: 7 key things that changed for market over weekend - Gift Nifty, Asian markets to US treasury yieldsThe San Diego Union-Tribune’s panel of economists and business leaders reflect on the past year and share what they’re grateful for this year. Question: What are you most thankful for, economically, this Thanksgiving? Economists Caroline Freund, University of California-San Diego School of Global Policy and Strategy Innovative economy: I am thankful that the U.S. economy remains the strongest and most innovative in the world. Despite the COVID shock, global conflicts and domestic polarization, the economy is growing, unemployment is low, and inflation is under control. The U.S. is leading in new technologies, such as AI and biotechnology, which will boost productivity and advance health care. But we can’t do it alone, and must continue to work with our allies and partners for a better future. Kelly Cunningham, San Diego Institute for Economic Research Recognizing “it’s the economy, stupid”: What matters most in politics is the economy, which remained the top issue for voters nationwide according to exit polls. Negative views on the economy seems to have overridden bad feelings about Trump, while Harris was unable to convince voters her economic plan was different from Biden’s, which frustrated most voters. Lower rates of inflation do not mean prices are coming down but just rising more slowly. What really hurts consumers is higher compounding prices. James Hamilton, University of California-San Diego Soft landing: It’s hard for the Fed to bring inflation down without causing a recession. Many analysts were predicting a recession for 2024, and some were even saying that a recession had already started. But we’re almost through the year now and the unemployment rate remains quite low by historical standards. To be sure, there are real concerns about the economic policies and geopolitical conflicts that the new year may bring. But, right now, we have prosperity and peace. Norm Miller, University of San Diego Freedom, civility and capitalism: I recently finished reading “Patriot” by Alexi Navalny, which details the ruthlessness and corruption of autocrats like Putin, Xi Jinping, Kim Jong Un and many leaders in Africa. Corruption at all levels of government inevitably undermines the benefits of free markets and diminishes the wealth of any afflicted nation. While our country is not without its flaws, and some government agencies and police actions are not always just, we are still far better off than much of the world. David Ely, San Diego State University Lower inflation rate: The rate of inflation has declined significantly since 2022 and is now approaching the Federal Reserve’s 2% goal. While prices remain well above pre-COVID levels, the stress and uncertainty created by rapidly escalating prices has diminished. The central bank was sufficiently comfortable with inflation and other economic data to begin lowering its target interest rate in September. Additional cuts to its target interest rate over the next year are likely. Executives Phil Blair, Manpower Jobs: Jobs are available for whomever wants one. The San Diego economy, while not flourishing, is still able to support anyone anxious to work at a fair and reasonable pay rate. Gary London, London Moeder Advisors Prosperity: Notwithstanding a brutal national election, razor close and with an outcome that is highly unsettling to many, ours remains a nation of unquestionable prosperity. The key challenge over the months and years ahead is whether our “lived” economy can match the healthy metrics of lowered inflation, low unemployment and GDP growth, among others. I think time will cure the current economic angst, unless we meddle too much with things like tariffs and mass deportations. Bob Rauch, R.A. Rauch & Associates San Diego’s well-rounded economy: San Diego’s economy is robust and diverse, with vital sectors in biotechnology, health care, military, tourism and telecommunications. It is also a hotspot for innovation and startups, particularly in the biosciences. Tourism is a significant economic driver, supporting many local businesses, including ours. Add in the military, education, sports, weather, quality of life, and voila. The icing on the cake is having my family here. Austin Neudecker, Weave Growth Economic foundations: I am thankful we currently live in a country with eager entrepreneurs, abundant risk-taking investors, a booming public market, historically low unemployment, and stable laws where most people have the opportunity to thrive. Frankly, I am quite concerned about how the coming chapter may impact these norms. I expect several extreme policies to have an uneven impact on industries, international trade, the protections and availability of labor, inflation, social programs and consumer confidence. Chris Van Gorder, Scripps Health Health care: I’m grateful for great health care in San Diego and the enormous economic value and community benefit provided by the many health care organizations, hospitals and tens of thousands of physicians, nurses, technicians and support teams providing care to our communities. We often take health care for granted, but please don’t. Many health care organizations are at risk and face shortages of physicians and other providers. Additionally, violence against health care workers is rising. I’m thankful for these heroes every day. Jamie Moraga, Franklin Revere A resilient U.S. economy: In a presidential election year, uncertainty and volatility can cloud the market and raise fear in investors. Despite this, we have seen low unemployment, improved consumer confidence, continued economic growth and lowered inflation. The market’s performance this year has reflected an underlying economic strength and optimism. Investors were also relieved to see a quick and decisive election outcome. ©2024 The San Diego Union-Tribune. Visit sandiegouniontribune.com . Distributed by Tribune Content Agency, LLC.
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By Dharamraj Dhutia and Jaspreet Kalra MUMBAI, Dec 30 (Reuters) - The Indian rupee is expected to trade with a bearish bias this week after slumping to a record low on Friday, with traders watching out for how sternly the central bank defends the local currency while bond yields will track U.S. peers and the rupee. The rupee hit its all-time low of 84.8075 on Friday before closing at 84.5325, down nearly 0.3% on the week. The currency has declined for eight consecutive weeks amid a confluence of negative global and domestic factors including a broadly stronger dollar and concerns about India's slowing growth and widening trade deficit. The dollar index ended the week higher by 0.4%, its fourth consecutive weekly rise. Market participants expect the rupee to carry the prevailing bearish bias into 2025. Muted trading in this week's first half due to the year-end, could keep it rangebound. Given the "weak global set-up facing emerging market currencies", the rupee is likely to continue declining unless the Reserve Bank of India adopts a stronger approach to defending it, a trader at a private bank said. Traders expect the rupee to hover between 85.40 and 85.90 per dollar this week. "Rupee volatility seems to be back and we should see bigger movements in the (USD/INR) currency pair as we move forward," said Anil Bhansali, head of treasury at Finrex Treasury Advisors. The rupee's 1-month implied volatility rose to an over-15-month high of 3.5% last week. Meanwhile, the benchmark 10-year bond yield ended at 6.7852% last week, up marginally, after rising 6 basis points in the previous week, as the slump in the rupee weighed. Traders expect the yield to be in a 6.76%-6.84% range this week, with the focus on Treasury yields as well as movement in the currency. The 10-year U.S. yield hit its highest level in nearly eight months last week amid concerns over the pace of rate cuts from the Federal Reserve in 2025. Market participants also remain concerned over depleting banking system liquidity in India, which is set to slip further into deficit in the upcoming quarter. "The first thing should be allowing the rupee to move in line with fundamentals and to not waste your reserves and create a further hole in the liquidity situation," said A Prasanna, head of research at ICICI Securities Primary Dealership. "The strategy on forex intervention should be clearer and parallelly they will have to do more on the liquidity side." Market participants will watch foreign flows in the New Year. The pace of bond purchases from overseas investors has slowed down over the last few sessions, after a grand start to the month. KEY EVENTS: ** India November fiscal deficit - Dec. 31, Tuesday (3:30 p.m. IST) ** India November infrastructure output - Dec. 31, Tuesday (5:30 p.m. IST) ** HSBC India December manufacturing PMI data - Jan. 2, Thursday (10:30 a.m. IST) ** U.S. initial weekly jobless claims week to Dec. 23 - Jan. 2, Thursday (7:00 p.m. IST) ** U.S. December S&P global manufacturing PMI final - Jan. 2, Thursday (8:15 p.m. IST) ** U.S. December ISM manufacturing PMI - Jan. 3, Friday (8:30 p.m. IST) (Reporting by Dharamraj Dhutia and Jaspreet Kalra; Editing by Mrigank Dhaniwala)Mayra Guillén, the younger sister of Army soldier Vanessa Guillén — whose death brought attention to and galvanized the military’s handling of sexual assault cases — came out on Wednesday in support of President-elect Donald Trump’s defense secretary nominee Pete Hegseth. “I have full faith in President Trump’s nomination of @PeteHegseth as Secretary of Defense,” Guillén posted. Guillén’s endorsement of Hegseth could go a long way to win over support for him from Sen. Joni Ernst (R-IA), who has worked on the issue of military sexual assault, as well as from other senators who may be on the fence on Hegseth’s confirmation. Guillén posted on X: My sister Vanessa Guillén was proud to serve our country. Undoubtedly Vanessa’s death was THE catalyst for the much needed changes for our military. President @realDonaldTrump supported the I Am Vanessa Guillén Act, which was the greatest change in history of our military code. I have full faith in President Trump’s nomination of @PeteHegseth as Secretary of Defense. Guillén criticized Biden Defense Secretary Lloyd Austin, saying he continued to deny benefits to members of the military, and for the current recruitment and retention crisis due to politicization and “lack of trust.” She wrote: Over the last 4 years, Secretary Austin continued to deny benefits to our military that they rightly earned and deserved. In fact, under Secretary Austin’s watch, we had the lowest enlistment and active duty service members in the history of our country, due mainly to the politics, the lack of trust and the low morale. We need a disruptor like Pete Hegseth to fix the bureaucratic .institution that the Pentagon has become. I believe Pete Hegseth will bring back the morale, and provide our service members the rights they deserve, so we can strengthen and maintain the greatest military in the world! Guillén’s support comes amid a concerted campaign to sink Hegseth’s nomination. Guillén found herself in the middle of an anti-Trump campaign when the Atlantic published anonymous claims that Trump had disparaged her sister and her family. She spoke out directly to shoot down the unverified claims, blasting the publication for “exploiting her sister’s death for politics” and revealing that she voted for Trump earlier that day. Follow Breitbart News’s Kristina Wong on ”X” , Truth Social , or on Facebook .
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Josh Hoover completed a record-setting season by passing for 252 yards and four touchdowns and TCU defeated Louisiana 34-3 in the New Mexico Bowl on Saturday in Albuquerque. Hoover completed 20 of 32 passes and finished the season with 3,949 passing yards, 48 more than Trevone Boykin's previous single-season school record. The Horned Frogs (9-4), who rolled to a 27-0 halftime lead and coasted, won their fourth straight game and for the sixth time in their last seven games. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. As property values continue to outpace inflation, property taxes are taking a bigger bite out of homeowners’ wallets. A new analysis from Construction Coverage breaks down property tax rates by state, county, and city to reveal where homeowners have the greatest burden. Click for more. Where Are U.S. Property Taxes Highest and Lowest? A State, County, and City AnalysisA coroner has welcomed requirements to fit new vehicles with reversing sensors following the tragic death of a toddler at Wangaratta. or signup to continue reading The 16-month-old girl was run over by her father at their rural property on February 25 last year. The site was under construction and was in disarray. The father believed the girl was about 10 to 20 metres away while he unloaded materials from his utility. He had checked for toys and other items nearby, got into his vehicle about 9.30am, and accidentally ran over her. She was unresponsive and her highly distressed parents rushed her to Wangaratta hospital in another vehicle. Her father believed she was still breathing but despite CPR being performed by hospital staff, the girl died. Police attended the family's property and found loud music was playing from the utility and a generator was also creating noise. The utility did not have a reversing camera or sensors and the rear mirror was poor and did not show the ground near the vehicle. The father wasn't charged. Coroner Audrey Jamieson said, unfortunately, such incidents weren't uncommon. There were 25 such deaths recorded from 2012 to 2023 in Victoria. There are 41 incidents each year in Victoria where children are run over and injured or killed. The one to five age bracket was the most common for deaths, and the majority of those killed were aged one. SUVs and large utilities were overrepresented and there was a spike in low-speed runover deaths last year. The child who died at Wangaratta was one of six killed in the state in 2023. The coroner noted it was unclear how she came to be behind the vehicle but noted obstructed vision and loud noises prevented her father from being aware of her presence. New Australian design rules, which will require new cars to have at least two reverse safety features including sensors, cameras or vibration system, will come into effect in November 2025. The coroner noted it could take some time before all Victorian cars had such features given the average age of vehicles on the road was about 11 years. Kidsafe Victoria is also working on a low-speed runover prevention strategy. "I sincerely hope that the strategy is fruitful, and that Victoria will see a reduction in these tragic deaths," coroner Jamieson said. "The forthcoming requirement for new vehicles to be fitted with reversing sensors and/or cameras will hopefully aid to reduce the frequency of these deaths. "However, I also acknowledge the risk that drivers may become blase and become excessively reliant on these technologies. "It is therefore imperative that these standards are combined, so as to magnify their effect, with public education on the danger of low-speed runovers, particularly in domestic settings." The coroner said the death was a tragic accident and gave her condolences to the girl's parents. DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. 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