The current week brought a new wave of challenges stemming from both international and domestic political conflicts. The Russia-Ukraine conflict intensified after U.S. Democrats approved the use of American arms against Russian territory, potentially in response to Moscow's decision to deploy North Korean soldiers to the Ukrainian frontlines. This move appears to be a last-ditch effort ahead of the planned White House transition in January 2025. The heightened geopolitical tensions, compounded by nuclear threats from President Putin, triggered instability in global markets, including India’s, which was already underperforming. However, the markets regained stability as the situation de-escalated, with no further escalation of the conflict. The domestic political landscape also faced turmoil during the Maharashtra and Jharkhand assembly elections. Historically, state election volatility has had little impact on the medium to long-term trends of the Indian stock market. However, this time, the intensifying rivalry between the BJP and Congress brought the Adani bribery case to the forefront, reported by the U.S. Department of Justice. This added to the market's woes as there was some sign of slowdown in FII selling, which surged again this week. Along with the Adani group, stocks of financials & industrial sectors were also affected. The market showed resilience by the end of the week, signalling that domestic political turmoil is unlikely to have a significant long-term impact on the Indian stock market. However, high exposure of foreign investors in the Adani Group and exposure of PSU financials and banks on the project will have to bear the brunt, before judicial & project feasibility clarity emerge. The legal case in the U.S. is expected to restrict the Adani Group’s access to international funding , evidenced by Adani Green ’s cancellation of a $600 million bond issuance—the second such withdrawal in the last two years. Mockery the strength of the trial depends on the bribery taken in the BJP opposition states. Domestic politics dogfight will be held on the international judiciary. Adani Group was able to recover most of the lost ground done by the Hindenburg report in Jan 2023. However, this time it will be a challenge, as the DoJ has accused after an investigation of 2yrs. The consolidation continued in the market during the week due to weak Q2 results, FII selling, news of reduction in the probability of a FED rate cut in December, and a weak rupee. However, a strong bounce happened by the end of the week due to bottom fishing by domestic investing, including retail. The domestic market was on a sell-off mode in the last 2months, taking it to the oversold territory. The correction in valuation suggests a potential pause in further price erosion, as trading at a 5yr average. However, the pace of recovery will depend on a pick-up in earnings, which is expected to improve due to an anticipated rise in central and state government spending in H2, fuelled by the festival and marriage seasons. Indications are that economic data is likely to improve on a MoM and QoQ basis. Monthly data due to be released by the mid-December could offer fresh insights into the economic outlook. Initial analysis suggests that corporate growth in H2 will be 10 to 12% compared to 6% in H1FY25. Whether it is good enough and to sustain the trend and valuation will depend on that narrative on FY26 earnings outlook.No. 7 Tennessee extends its season-opening winning streak to 7 games in 78-35 win over UT Martin
ST. LOUIS — If the Boston Bruins hadn’t fired Jim Montgomery on Tuesday, Drew Bannister would still be the St. Louis Blues head coach. That’s how Blues general manager Doug Armstrong explained his decision to fire Bannister on Sunday morning, after just 22 games this season, and replace him with Montgomery. Advertisement “There was no inclination to make a coaching change,” Armstrong said. “When Jim got let go in Boston, he was someone I’ve respected, someone I’ve admired, someone I felt had all the attributes to be a long-term coach for the Blues. This decision was based, I would say, almost 100 percent on having someone of Jim’s caliber become available.” Montgomery and the Blues agreed on a five-year contract, and after a conference call with Armstrong and the team’s captains Sunday morning, he is expected to join the club in New York on Sunday night ahead of its game against the Rangers . The news wasn’t a complete shock. The Athletic laid out the possibility last week because the Blues weren’t living up to Armstrong’s expectations of competing for a playoff spot this season along with Montgomery’s sudden availability. The club went 39-31-6 in 76 games under Bannister. It dropped to 9-12-1 on the season after a 3-1 loss to the New York Islanders on Saturday — six points back of a wildcard spot in the Western Conference standings. In 22 games this season, the offense has scored two goals or fewer 13 times and one goal or fewer seven times. The power play is ranked 25th in the NHL (16.7 percent) and the penalty kill is No. 24 (75.9 percent). “When I talked to Drew today, the situation that we were in — a young coach learning, learning with young players — it wasn’t an easy situation for him to walk into,” Armstrong said. “I thought he did a good job. He was making mistakes. We were all making mistakes. So Drew was learning as we went on. “I was more than prepared to go through the peaks and valleys with Drew until Monty became available, and then it just felt like that might not be available over the next few years. I didn’t know when the next opportunity would come, and I felt it was the right thing to do for the Blues franchise.” The Blues had interest in Montgomery last offseason, but when Boston advanced to the second round of the playoffs, Armstrong took the interim tag off Bannister and announced a two-year contract for him to be the head coach. When asked Sunday if Montgomery was indeed the focus of the Blues’ internal discussions last summer, Armstrong replied: “He really wasn’t because he had a job. I don’t spend a lot of time on the wish list of what’s out there. Quite honestly, I didn’t spend much time thinking about Monty this summer.” Advertisement But it’s clear after Montgomery’s hiring that he would have been on the wish list had there been one. Armstrong said he’s a coach who can help the club now and in the future. “He’s really at the prime of his coaching career right now, and we’re the benefactors of that,” Armstrong said. “He’s the full package, or at least we hope he’s the full package. He can coach a team that’s evolving and coach a team that is evolved and ready to win. As we continue to learn how to be competitive on a nightly basis, Monty can push us all to get better, and then when we get there, he can take us to the promised land.” It was evident, too, that Armstrong didn’t see Bannister as that guy, making references to the fact that inexperience behind the bench can no longer be used as an excuse as the team tries to find its way in the coming weeks. Montgomery was 120-41-23 in Boston, including the highest single-season win total in NHL history (65-12-5) in 2022-23. “I go back to when Ken Hitchcock came in — coaching is not an issue,” Armstrong said. “He is a hell of a coach. The game is old. It’s 100-plus years old, and he’s got the best record in any one season. He knows how to coach. So if there were any questions marks about that, that is gone now.” Despite making the move that he felt was best for the organization, Armstrong acknowledged the perception of a coaching carousel in St. Louis, which will have its third guy behind the bench in less than a calendar year on Wednesday. Bannister was promoted to replace Craig Berube in mid-December last year. He becomes the fifth coach fired by Armstrong, after Davis Payne, Ken Hitchcock, Mike Yeo and Berube. “I certainly understand if that’s how people are viewing it,” Armstrong said. “I think the one with Craig, it was a heck of a run and a change was needed. I think Drew coming in and doing a good job as the interim was positive. We went through the process last year of thinking about other coaches and I came back that Drew had done enough to warrant the opportunity to learn on the job here in the NHL and work through that. Advertisement “As I said, I woke up (earlier this week) and had no plans of doing this type of a news conference at all. Except a coach that I believe is a difference-maker became available, and we reacted to it.” Armstrong insisted the move says nothing about the state of the Blues’ retool. “When we first talked about the retool, we used the (Los Angeles Kings’) model for three or four years, and we’re 1 1/2 years into it,” Armstrong said. “One of the things that we’re doing is we’re waiting on (Dalibor) Dvorský, (Jimmy) Snuggerud, (Otto) Stenberg, (Theo) Lindstein and (Adam) Jiricek. Those are five first-round picks that we’re excited about having. “It’s very important for me to say that our vision of where we’re at has not changed. When we said that we were going to retool, bringing in Monty today doesn’t put Dvorský, Snuggerud, Stenberg ... any closer to playing. That comes with maturity. What it does, it gives us a really good coach for today and tomorrow.” As for today, are the Blues a potential playoff team this season with Montgomery now at the helm? “Our record would indicate that no, we’re not headed to the playoffs,” Armstrong said. “I think our season to date has fluctuated. We’re obviously having a hard time on both ends of the special teams and scoring goals, and that’s not a good recipe to have success. “I think getting those ( Philip Broberg and Nick Leddy ) back will help stabilize things. Losing Robert Thomas , like we did, took away from the offense, and it hasn’t come back since he’s come back. So we have our work to do. We have a lot of things that Jim has to get organized to his satisfaction, and we’re able to move ahead.” (Photo of Jim Montgomery: Bruce Bennett / Getty Images)Facebook Messenger Twitter Whatsapp Email The Air Force Civil Engineer Center Readiness Directorate, or AFCEC/CX, has released a broad agency announcement seeking potential industry sources capable of conducting research and development regarding automated heavy machinery technologies for Air Force civil engineer operations. According to the BAA posted on SAM.gov Monday, AFCEC/CX is seeking proposals for R&D projects to develop and demonstrate automation and intelligent system technologies that will be utilized for heavy equipment. The potential technology will be used for various purposes, including construction, vegetation management and infrastructure maintenance. BAA Areas of Interest Some areas of interest that R&D efforts can focus on include: Automated navigation and driving, including GPS/waypoint enabled and GPS-denied settings. AI-driven machinery for civil engineering operations. Actuated end-effectors like autonomously operated arms and jointed blades. Common operating picture that links multiple vehicles or machines for conducting operations simultaneously. Safety procedures for large vehicles such as tractors, excavators, dump trucks and street sweepers in crowded environments. Robotic appliques and control systems that can be easily installed on different machines. The potential vendor can receive an approved maximum value of $49 million while the remaining ceiling is $45 million. Potential offerors may send in their proposals until Jan. 13, 2025 at 10:00 am CST. Join the Potomac Officers Club on Jan. 23 for the 2025 Defense R&D Summit ! Register now and get to know what the nation’s leading defense researchers, experts and decision-makers have to say.
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ANN ARBOR, Mich. -- Maddie Zimmer and Ilse Tromp each had two goals and an assist in the first half, and Northwestern beat Saint Joseph's 5-0 in the championship match of the NCAA Division I women's field hockey tournament at Phyllis Ocker Field on Sunday. It was the second championship for the second-seeded Wildcats (23-1-0), who have played for the title in four straight seasons. Northwestern beat Liberty 2-0 in 2021 before losing to North Carolina the past two seasons. No. 4 seed Saint Joseph's (20-4-0) was in uncharted waters with its first trip to the final. The Hawks eliminated top-seeded North Carolina in the semifinals to advance. The Tar Heels have won the championship in half of their 22 trips to the final. Northwestern grabbed the lead 6:25 into the first quarter when Zimmer used an assist from Tromp to score. Zimmer had an assist on Olivia Bent-Cole's eighth goal of the season for a 2-0 advantage, and Tromp found the net with 25 seconds left with assists from Lauren Hunter and Ashley Sessa for a 3-0 lead. Hunter and Sessa again had the helpers on Zimmer's 10th goal of the campaign, and Hunter and Regan Cornelius assisted on Tromp's 11th goal of the season 2:42 later for a 5-0 lead at halftime, and that was that. Annabel Skubisz finished with her school-record 14th shutout of the season for Northwestern. Zimmer and Tromp are the second duo to score multiple goals for their school in a championship match. Zimmer was named the tournament MVP. It was the second championship for Wildcats coach Tracey Fuchs. Northwestern joins North Carolina and Old Dominion as the only schools to reach the championship match in four straight seasons. Six schools have won multiple titles.
Idaho execution costs, challenges persist as state’s $100,000 lethal injection drugs expireA look back at 2024 through memes
Autonomous Train Market on Track to Hit $15.56 Billion by 2026, Revolutionizing Rail Technology: AMRSAN ANTONIO — Anthony Davis had 19 points and 14 rebounds, LeBron James finished with 16 points, 11 assists and 10 rebounds and the Los Angeles Lakers beat the San Antonio Spurs 119-101 on Wednesday night. Rookie Dalton Knecht had 20 pointson 4-for-10 shooting from long distance as the Lakers snapped a three-game skid. Victor Wembanyama had 20 points and 10 rebounds as the Spurs had their four-game winning streak ended. Harrison Barnes added 19 points and Julian Champagnie scored 18. Los Angeles led by as many as 15 points in the first half before San Antonio cut the deficit to eight points. Los Angeles' Austin Reaves quelled the rally by hitting a 3-pointer over Wembanyama as time expired in the first half, giving the Lakers a 58-47 lead. San Antonio guard Devin Vassell had 14 points in his return from a five-game absence with a bruised left knee. Takeaways Lakers: James shot 2 for 9 and scored four points in the first half. He had 12 points in the second half, including eight in the fourth quarter while shooting 4 for 5. Spurs: Vassell is the first player in Spurs history to make 450 3-pointers in his first 250 career games. Los Angeles Lakers' LeBron James, left, goes to the basket against San Antonio Spurs' Keldon Johnson, right, during the first half of an NBA basketball game, Wednesday, Nov. 27, 2024, in San Antonio. Credit: AP/Darren Abate Key moment After the Spurs cut the deficit to four points, Knecht tossed in a floater in the lane, stole a pass from Wembanyama and fired the ball downcourt to Davis for an uncontested dunk that put the Lakers up 73-63. Key stat The Spurs had won 14 of 18 third quarters this season. The Lakers outscored San Antonio 34-30 in extending their lead to 92-77 entering the fourth. Up next The Lakers host Oklahoma City on Friday in the NBA Cup. The Spurs are at Sacramento on Sunday.
(The Center Square) – Momentum is with the emerging electric vehicle industry even with many question marks surrounding energy policy as the Trump administration takes office in January, observers of the industry say. “At the local and state level, there's an incredible amount of energy and action taking place to support transportation electrification,” Ben Prochazka, executive director of the Electrification Coalition, told The Center Square. With Elon Musk, CEO of Tesla Motors, playing a significant role in President-elect Donald Trump’s election and chosen with Vivek Ramaswamy to head his new Department of Government Efficiency, it is also unlikely that the electric vehicle industry will be neglected nationally. “The hope is that Elon Musk has influence in the new administration, which does look to be the case,” said Prochazka. “Hopefully, that means there’s a great recognition around the economic benefits that exist.” It remains to be seen how electric vehicle incentive or tax credit programs – different than mandates – might be affected by Trump’s moves to cut spending. Mainstream outlets have already proclaimed that Trump has an "anti-EV agenda," as a group of automakers urged him to retain a national $7,500 consumer tax credit for electric vehicle purchases. On the other hand, Prochazka said tariffs and the deregulation of the domestic automotive industry could play a positive role in the electric vehicle industry, depending on how they are "established." “With any new administration, there's always going to be question marks about what the prevailing winds are,” explained Prochazka, whose nonpartisan, nonprofit coalition engages in policy development, advocacy campaigns and consumer education. "E verything has the potential to be reevaluated and then changed." Willett Kempton is in the University of Delaware's Department of Electrical and Computer Engineering and has research interests in offshore wind power, electric vehicles and public environmental beliefs and values. He agrees with Prochazka that a lot is still up in the air about Trump’s policy approach to the electric vehicle industry. Certain policies could potentially " slow down" growth domestically, he said. Yet, that wouldn't permanently stop growth. “National governments can slow this growth by policy changes, but that doesn’t change the cost advantages nor the long-term trends,” Kempton told The Center Square. In the past, Republicans generally have been notably skeptical about electric vehicles and especially mandates for them, preferring those powered by fossil fuels. Reliability is among the key drivers of the party's choice when it comes to opposition of the broader green agenda of Democrats. Musk’s involvement has the potential to change that skepticism. Prochazka said he is hopeful for that, emphasizing that his organization believes that electric vehicles should not be a partisan issue. “The last election ultimately created more partisan views on electrification,” he said. “We are working really hard to make sure it's clear that transportation electrification is not a red or a blue issue, but it's really about what's better for the country, especially when you look at it through the lens of global competition. We need to maintain our automotive leadership.” For Prochazka, growing the eclectic vehicle industry is an issue of both “national and economic security.” “The automotive sector is a trillion dollar a year industry that has millions and millions of jobs that are a part of the U.S. automotive sector," he said. "So, as the world goes electric, we need to compete so that we can not only maintain our current market share, but hopefully grow it. There’s a global race to electrification.” There are nearly 2.5 million electric vehicles registered throughout the nation, with the highest percentage of those in California. Even then, only 2.5% of the vehicles in California are electric vehicles and only 6.8% of the vehicles sold nationwide in 2024 were electric. Kempton and Prochazka say the transition to electric vehicles will be inevitable and that America should be the nation leading it. “The shift to electric vehicles is worldwide and there are so many advantages to EVs that this will proceed,” Kempton said. “In most territories, clean energy is already the lowest-cost electricity source and largest amount of new generation being installed. These are driven by market forces and producer projections of where the most future growth will be. So, I would not call these ‘movements’ but rather markets or growth trends and adoption of new technologies.” Only 38% of United States adults say they would even consider buying an electric vehicle. Prochazka said he believes that will continue to change, both as there are nationally moves to protect the economic interests of the United States and as more people get familiar with electric vehicles. “We need to also make sure the U.S. is moving as quickly as possible, so that we can compete with the sort of global efforts to electrify,” he said. “Most people have not gotten behind the wheel and have not plugged one in. I think it’s something that people really just need to try, because then they'll realize this is a much better vehicle. It's just about getting people behind the wheel.”By Hayden Bird Patriots rookie quarterback Drake Maye processed the disappointing 34-15 loss to the Dolphins on Sunday with honesty in his postgame press conference. On a day when New England was uncompetitive for large tracts of the game, the 22-year-old Maye noted that a lack of execution underpinned his team’s underachievement. “Penalties set us back and kind of put us behind the eight-ball,” Maye said . “You just can’t do that in this league.” The Patriots finished with 10 penalties for 75 yards, including several at critical junctures in the first half that helped shape the trajectory of the game. Though he disagreed with any assessment that the team is regressing, Maye acknowledged the frustration of committing self-inflicted errors. “I don’t think it’s something where we’re just getting beat and out-talented,” he explained. “I think it’s just something where we’re hurting ourselves.” After a series of performances in which he showed his potential and shined in isolated moments, Maye mostly struggled in Miami on Sunday. He finished 22-of-37 for 222 yards passing (including a highlight-worthy touchdown pass ), but also committed two turnovers. One, a third quarter fumble caused by a sack from Dolphins lineman Zach Sieler, led to a quick Miami touchdown to make the score 31-0. It would prove to be an insurmountable lead. Reflecting on the fumble, Maye called it “just bad” on his part to not manage the circumstances better. “Just find a way to protect the football and go down, or find a way to get it out,” Maye said of turnover. The other mistake, a fourth-quarter interception near the line of scrimmage, was one he put less focus on. “The interception, just trying to check it down and it happened to get tipped, so I’m not too worried about that.” New England is now 3-9 on the season, struggling once again on third downs (going just 3-of-14 in the game). “It’s tough. It’s frustrating,” Maye said of the outcome. “I know we’ve got better football ahead of us. This wasn’t our best product today.” As he continues to grind through the Patriots’ rebuilding effort, the 2024 first-round pick said he encouraged teammates to bottle up the feeling they had in the aftermath of Sunday’s demoralizing defeat. “Yeah it’s tough,” said Maye. “I think like I’ve always said, I hate losing more than I really like to win. Losing sucks. I told some of the guys on the sideline, ‘Just remember this feeling. Remember this feeling of really getting our butts whipped today.’ I think it’s only up from here. We’ve got a bright future and a lot of bright players in there that can make some plays for the Patriots.” Hayden Bird Hayden Bird is a sports staff writer for Boston.com, where he has worked since 2016. He covers all things sports in New England. Sign up for Patriots updates🏈 Get breaking news and analysis delivered to your inbox during football season. Be civil. Be kind.
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