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PTI playing negotiations drama: Azma Minister says PTI leading figures were encouraging overseas Pakistanis not to send remittances The image released on Dec 24, 2024 shows Punjab Information Minister Azma Bokhari addressing an event. — Facebook@AzmaBokhariPMLN/ LAHORE: Punjab Information Minister Azma Bokhari has said the Pakistan Tehreek-e-Insaf is playing a drama of negotiations on the one hand while on the other, it is spreading the message of civil disobedience. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1700472799616-0'); }); Talking to media here on Thursday, she said PTI leading figures such as Zulfi Bukhari, Shahbaz Gill, and Shehzad Akbar were actively encouraging overseas Pakistanis on social media not to send remittances. Overseas Pakistanis have rejected the mischief and the anti-country actions of the Fitna party, and have sent the highest-ever remittances in the history of Pakistan this year. The Adiala Jail prisoner, who has been telling the nation for the past one and a half years that he will free them from American slavery, has now been pleading with the American lobby to intervene in Pakistan for over a month. Some petty individuals, influenced by the Jewish lobby, are currently active in saving their pawns. The information minister emphasized that Pakistan was a sovereign country. Prime Minister Shehbaz Sharif has told the US “absolutely not”. Pakistan will not allow anyone to interfere in its internal matters. The Adiala Jail prisoner is ready to beg anyone to secure an ‘NRO’.Basketball season is here. Subscribe to the DRC for $1 a month over the next six months to follow all that transpires with North Texas and area high schools. North Texas has fired volleyball coach Kristee Porter after three seasons. The school announced the move Sunday afternoon. “We appreciate Coach Porter’s contributions to UNT Volleyball over the past three seasons,” UNT athletic director Jared Mosley said in a statement. “As we look forward, we are focused on finding the right coach that will develop student-athletes, build a strong future and put our volleyball program in position to compete for championships.” UNT fell to Rice in the opening round of the American Athletic Conference tournament in four sets on Friday. The Mean Green finished 10-18 this season. Porter compiled a 43-49 record, including a 27-24 mark in conference play, in her time at UNT. The Mean Green finished a game over .500 in each of her first two seasons. UNT reached the semifinals of the Conference USA tournament in 2022 and played in the National Invitational Volleyball Championship in 2023. Porter, a former UCLA standout, came to UNT from McNeese State. She guided the Cowgirls to the Southland Conference finals in 2021. UNT was in danger of missing the AAC tournament heading into the final weekend of the regular season this fall before pulling out five-set wins over Wichita State and Rice at home. The Mean Green were unable to build on the momentum that two-game winning streak provided in the conference tournament and is now in the market for a new coach. UNT will begin a national search for a new coach immediately. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request.

Most of us are not professional chefs or caterers or decorators, so the thought of cooking for and entertaining a Thanksgiving crowd can be daunting. That's why we turned to the experts — professional chefs and caterers and interior designers — to discuss some typical Thanksgiving mistakes and how to avoid them. "The overriding first mistake people make is they think they have more time than they do," said Bistro to Go Cafe and Catering executive chef Kate Kobylinski. She regularly hosts her extended family of 30 and knows "every single problem." "Food takes longer to cook, the table takes longer to set and houses take longer to clean than you think." Clean your house on Monday. On Wednesday, dice vegetables so they're "food-show ready," as Kobylinski put it. Prepare (but don't cook) your green bean casserole (leaving off garnishes like fried onions) so it can just be popped in the oven and set the dining room table. Don't feel that you have to do everything yourself. But be as specific as possible when doling out the assignments. "Don't let them make their own decisions!" Kobylinski said emphatically. Thanksgiving is "micromanager's heaven." For example, have someone bring ice on Thanksgiving Day because going out to buy it takes time and ice hogs freezer space. If you don't like making desserts, have someone bring one. If a guest wants to prepare a side dish, great, but decide beforehand what they will bring. Ahead of dinner, interior designer Kacie Cope likes to set out all of her serving platters with Post-it notes attached denoting what will go on them. "You'll be amazed if you have them labeled," she said. "People can help in a jiff." During the evening, Kobylinski gives people assigned jobs, such as serving drinks or taking charge of an after-dinner game. And the chef is forgiving about using premade ingredients, like gravy or cranberry jelly. "There's no right or wrong way to make any of your foods," she said. But you might want to give a homemade touch to prepared ingredients, like adding sauteed onions or celery to prepared gravy. "Everyone goes into Thanksgiving Day with a half-frozen turkey," said Kobylinski. "And you can't get the bag of giblets out because they're frozen in place." It takes one day for every 4 pounds of turkey meat to defrost in the refrigerator. (No, it is not safe to leave your frozen turkey out on the counter to thaw and breed bacteria.) So if you've got a 20-pound bird, you've got to start thawing on the Saturday before Thanksgiving. However, there are other methods. Kobylinski suggests submerging the bird and running a thin stream of cold water over it. "It doesn't have to be a lot of water." The U.S. Department of Agriculture says there are only three ways to safely thaw food: In the refrigerator, in cold water or in the microwave. To safely thaw turkey in cold water, the USDA says it takes about 30 minutes per pound. Put the turkey in a leak-proof plastic bag to prevent cross-contamination and submerge it. Change the water every 30 minutes, and cook immediately when it's thawed. If opting for your microwave, follow its instructions for thawing and cook immediately. Then, if you're running late and need to speed things up to satisfy the hungry hordes, you can cut the bird in half before cooking (skin side up). This significantly reduces cooking time, requiring about 10 minutes per pound. Kobylinski also recommends resting the turkey on vegetables in the oven to keep the bottom from getting burned. Private chef and culinary educator Emily Larsen warns that those plastic thermometers in supermarket turkeys are setting you up for failure. The USDA says that you should cook a turkey until the internal temperature is 165 degrees. Plastic thermometers don't pop out until the breast meat is at about 180 degrees, "when your turkey is completely dry," Larsen said. Plus, people forget that meat continues to cook once it's out of the oven. She recommends taking a bird out of the oven when it is at 155 degrees — she likes to use an inexpensive instant-read folding probe thermometer — and continue to monitor it. (Insert it into the thickest part of the breast, avoiding the bone.) "Ten dollars [for the thermometer] can save your Thanksgiving," she said. Some feel that buying a frozen rather than fresh bird is another no-no, since freezing leaches water out of the turkey. However, if, despite your best efforts, your turkey is lacking moisture, Kobylinski has a fix: Put warm chicken or turkey stock and clarified butter into a mister and spritz sliced turkey with it before serving. "The same with stuffing if it's too dry," she said. Thanksgiving Day is not the time to try out a completely new recipe. And you don't have to lay out 10 side dishes. In addition to opting for a simple menu, Kobylinski also recommends figuring out how long your items will take to cook and what method of cooking it requires ahead of time. Your turkey will be monopolizing your oven for four hours, so other oven foods should be limited or be easily reheated during the time that the turkey is resting. (As for resting a turkey, the chef puts her turkey on a hot plate with towels over it so "the meat rebinds itself and stabilizes for a smoother cut.") "Stovetop items should be staggered," she said, so you don't have a frying pan and three pots all going at once. As a sample menu, she suggests you might have one baked potato dish and one mashed. And for vegetables, one baked dish and one that is blanched or grilled. Interior designers advise against going too crazy with holiday-specific décor. "There's a lot that's being sold to us that we feel like we need," said Pittsburgh interior designer Amanda Bock. Do you really need a turkey-shaped vase or pilgrim figurines? "They're out for two weeks, and then you have to figure out where to store them," agreed Cope. "It takes an already busy season and makes it stressful in an unnecessary way." Cope says you can take things that are already part of your menu and use them as décor — a bowl of nuts or cranberries, or even removing the label from a cranberry sauce tin and repurposing it as a vase for flowers and fall leaves. Bock adds that dining room table décor should be kept to a minimum, since you'll need space for your food. You don't have to have "big chargers and five plates and three different glasses, plus all of your Thanksgiving food on the table," Bock said. If you do have flowers or a centerpiece in the middle of the table, keep it low, Cope advised. "That way, you can actually see the person who's across the table from you." Tableware and tablecloths might be in fall colors, so they can be repurposed throughout the season. Water glasses or wine goblets could be amber-toned, Bock suggests. Well in advance of your guests' arrival, think critically about the setup of your home. Don't be afraid to rearrange your furniture so your guests move to different areas and don't all congregate in your kitchen. "You want to make sure that there are areas where people can sit and chat, watch the parade or just hang out together," Bock said. Set up a drinks station and an hors d'oeuvres station in different parts of the house, Bock suggests. Though, she admits, "I can't do that in my house because my dogs would just gobble up the hors d'oeuvres." She suggests repurposing a kitchen nook for kid seating, or as a serving area. Kobylinski might set up a half-built puzzle in a side room. She even puts out winter jackets and boots for "the gentlemen" for the moment when she urges them to go out on the porch to smoke cigars and drink brandy so they won't be underfoot. As a finishing touch, don't neglect to set the mood by using lamps around the room instead of harsh overhead lights. Putting out tapers or tea candles establishes an intimate feeling. "That just leans into the cozy fall vibe," Cope said of low lighting. But don't use scented candles, Bock warns. Or a smelly flower arrangement. "That can overwhelm you when you're eating," Bock said. Putting on a favorite music playlist can set the mood and take away self-consciousness, especially early in the evening. The most important thing on Thanksgiving is simply for everyone to enjoy each other's company. A little advance preparation can help you, the host, stay relaxed throughout the evening so you can interact with your guests. As Bock advised, "Keep it simple for Thanksgiving." Let friendship and fellowship be the stars of the show. The 98th Macy's Thanksgiving Day Parade coverage is slated from 8:30 a.m. to 12 p.m. EST Thursday, Nov. 28. This year's event will feature 28 clown crews, 26 floats, 16 giant balloons, 11 marching bands, five performance groups, three "baloonicles"—cold-air inflatables driven down the parade route, and numerous performers. Stacker curated a selection of photographs from the past century of the Macy's Thanksgiving Day Parade to help illustrate the history of the iconic event. The parade in New York City, presented by department store chain Macy's, was first held in 1924 under the heading "Macy's Christmas Parade" to promote holiday sales and spotlight the newly expanded and, at the time, largest in the world Herald Square store in Manhattan. The success of the event led organizers to turn the spectacle into an annual tradition. Each year, the parade ends outside the same Herald Square Macy's location. The event has been televised nationally since 1953 on NBC. The parade at first featured Central Park Zoo animals escorted by Macy's employees and professional entertainers for 6 miles from 145th Street in north Manhattan's Harlem to Macy's. A quarter of a million onlookers lined the streets. Real animals were replaced with balloons in 1927; that same year, the name of the event was changed to Macy's Thanksgiving Day Parade. The longest-running parade float is the event's unofficial mascot, Tom Turkey. Tom features moving wings, head, and eyes and usually functions as the lead float in the parade. Bringing up the caboose in virtually all the parades is Santa Claus who ushers in the holiday shopping season with his arrival at Macy's Herald Square. The parade offers a glimpse into pop culture of the time, from beloved children's entertainment to hit Broadway shows and musical acts. The Radio City Rockettes, formed in 1925, have performed in the parade annually since 1957. In 1933, the outside temperature was 69 degrees F, the warmest it's been; 2018 was the coldest day in parade history at 19 degrees F. In 2022, for the first time, the event featured a trio of women hosts. Today, more than 44 million people tune in to watch the parade. Keep reading to learn more about the parade's history and see some iconic shots of the event. You may also like: Game on: The booming growth of online gaming In Macy's first Thanksgiving parade, Santa Claus sat atop a float pulled by a team of horses down Broadway. That year floats, bands, and Central Park Zoo animals were featured in the procession. At the parade's end, Santa Claus was crowned "King of the Kiddies" on Macy's balcony at the 34th Street entrance. Macy's quickly announced the parade would be an annual event. The large balloons that replaced live zoo animals in 1927 were filled with regular air and had no release valves—they were simply let go to pop in the air following the parade. 1928 marked the first year of Macy's inflating balloons with helium to allow them to float. They were also outfitted with valves so the helium could gradually escape rather than waiting for the balloon to inevitably pop, and featured a return address so anyone who found them could return them and receive a reward. In this photo from 1928, a 35-foot fish and 60-foot-long tiger were featured prominently in the parade. A $100 prize was offered for each balloon recovered after its release. The Thanksgiving parade enjoyed rapid growth throughout the 1930s, with more than 1 million revelors lining the parade route in 1933. In this 1931 photo, a giant hippopotamus balloon makes its way down Broadway. A blue hippo balloon—possibly this one—released after the parade was still at large several days later, thought to be somewhere over the Atlantic Ocean. Pinnochio, Tin Man, and Uncle Sam make their way along the parade route in 1939. Mickey Mouse made his debut five years earlier with a balloon designed in part by Walt Disney; Mickey's handlers were also dressed as mice. New iterations of Mickey appeared over the next 70 years as the character evolved. The Macy's Thanksgiving Day Parade was canceled from 1942-1944 because of supply shortages during World War II, namely helium and rubber. Festivities returned in 1945. The Christmas classic "Miracle on 34th Street" was released in 1947 and prominently features actual footage from the 1946 parade. 1948 marked the parade's first network television broadcast. You may also like: Legendary interior designers from every decade of the 20th century The 23rd annual Macy's Thanksgiving Day Parade was held Nov. 24, 1949. In this photo, a teddy bear makes its way through Times Square. This parade marked the second appearance for the bear. Other balloons made their debut: Freida the Dachshund, Howdy Doody on the Flying Trapeze, and Macy's Hobo Clown. Macy's original character The Giant Spaceman made his debut in 1952's parade, measuring 70 feet long and 40 feet wide and weighing 600 pounds. More than 25 gallons of paint went into painting the astronaut. An estimated 2.25 million people lined the streets for the festivities that year. The iconic peacock float makes its debut in this photo of the 1961 Macy's Thanksgiving Day Parade. That same year, Miss Teenage America Diane Lynn Cox appeared in princess attire sharing a float with "Prince Charming" actor Troy Donahue. You may also like: Baltimore buried its urban streams—now an artist is bringing one back Teen performers appear in classic roller skates in this image from the 1961 Macy's Thanksgiving Day Parade. The sign above the skaters reads "Macy's presents A Fantasy of Christmas in New York." This 1961 photo shows shoulder-to-shoulder parade onlookers at the Macy's Thanksgiving Day Parade. The year marks the first balloon featuring Bullwinkle Moose and the first year for floats with Pinocchio, The Racetrack Grandstand, Cinderella, Peacock, Ferris Wheel, Brigadoon, Meet the Mets, and Santa's Sleigh. Several years later, in 1968, Macy's creative team figured out how to design floats up to 40 feet tall and 28 feet wide that could fold into 12.5-by-8-foot boxes for strategic transportation from New Jersey to Manhattan via the Lincoln Tunnel. A solo tortoise float makes its way down the street near Columbus Circle in this 1974 parade photo. Not pictured is the accompanying hare. This marked the seventh appearance of the duo. A giant inflatable balloon of Kermit the Frog makes its way down the 1982 parade route in this photo. The parade marked Kermit's sixth appearance. First-time balloons included Olive Oyl and Woody Woodpecker. You may also like: Far from making their last calls, LGBTQ+ bars evolve to imagine a new world The Soaring Spirit Canoe float, pictured here in 1995, made its debut in the parade in 1986. Popular '90s balloons included Bart Simpson, Cat in the Hat, and The Rugrats. New York City first responders carry two American flags during the Nov. 22, 2001, 75th Anniversary of Macy's Thanksgiving Day Parade, which was also held on the heels of 9/11. They honored those killed in the Sept. 11 terrorist attacks that year. New Yorkers crowded the streets to watch the parade, which featured 15 giant balloons and marching bands that all added an air of patriotism to the event. Dora the Explorer makes her balloon debut in this 2005 photo. That same year, the M&M 's chocolate candies balloon collided with a streetlight in Times Square, and debris from it injured two siblings. Snoopy and Woodstock made their way along the 89th annual Macy's Thanksgiving Day Parade route Nov. 26, 2015. To date, Snoopy boasts the most years flown as a character balloon in the event. In this 2016 photo, spectators like this one recorded videos of the parade on their phones. More than 24 million people were estimated to have streamed the parade that year on TV. The Pikachu balloon floats down Central Park West for its fourth time during the 91st annual Macy's Thanksgiving Day Parade in 2017. That year's lineup featured 1,100 cheerleaders and dancers, more than 1,000 clowns, 28 legacy balloons, 26 floats, 17 giant helium balloons, 12 marching bands, and six performance groups. Performers in this photo prepare at the 94th annual Macy's Thanksgiving Day Parade on Nov. 26, 2020. The event was one of few public occasions to be kept on schedule during the COVID-19 pandemic, albeit in a tempered manner. Much of the performances were pre-taped and the parade route was massively reduced. Participants wore masks and balloon handlers were cut by nearly 90%. Santa Claus celebrates at the 97th annual Macy's Thanksgiving Day Parade in this photo from Nov. 23, 2023. First-time giant balloons included Beagle Scout Snoopy, Leo (Netflix), Monkey D. Luffy, Po from "Kung Fu Panda," and The Pillsbury Doughboy. Copy editing by Lois Hince. You may also like: From the Roman Empire to your therapist's office: The history of the chaise lounge In this image, the Felix the Cat balloon is led down Broadway by its four handlers tailed by Terrible Turk and Willie Red Bird. The original Felix the Cat character balloon made its parade debut in 1927, but was destroyed after its post-parade release by a high tension wire in 1931. The Terrible Turk also was destroyed the same year by an electric sign. In 1932, Macy's Tom Cat balloon got stuck in the propeller of a plane when the aviator flying the plane tried recovering the balloon for a reward. While the plane eventually landed safely, that event marked the final year of releasing balloons after the parades and offering prizes for their return to Macy's. Throngs of onlookers pack the sidewalks in Manhattan's Times Square during this 1955 parade. Mighty Mouse, an animated superhero created by Terrytoons, is seen in the back left of the photo. Mighty Mouse made his debut in the Thanksgiving Day parade in 1951; he appeared in 80 short films between 1942-1961. Popeye makes his way through Times Square in the 1959 parade. A year earlier, another helium shortage meant balloons were inflated with air and hung from construction cranes to make their way through the parade route. Also in 1958, the first celebrity performances were added with the Benny Goodman sextet. Live music proved a challenge technically and logistically. The parade was transitioning to the now-familiar lip syncing by 1964. A Bullwinkle Moose balloon floats down Broadway in this 1972 photograph of the parade. The 46th annual parade featured five firsts for floats: Alphabet Blocks, Snow Mountain, Windmill, Curious George, and Santa's Holiday Home. Woody Woodpecker greets the crowd as he floats past One Times Square during the 63rd annual Macy's Thanksgiving Day Parade in 1989. In the coming years, safety concerns troubled '90s-era parades—namely the wind. Strong gusts in 1993 pushed a Sonic the Hedgehog balloon into a Columbus Circle lamppost that broke and hurt a child and off-duty police officer. Four years later, intense winds caused a Cat in the Hat balloon to hit a lamppost, hurling debris into the air that fractured the skull of a spectator who spent 24 days in a coma. The incident, among others, led then-New York City Mayor Rudy Giuliani to form a task force. A woman dressed in an elf costume sprinkles spectators with confetti in Times Square during Macy's 85th Thanksgiving Day parade on Nov. 24, 2011. Sonic the Hedgehog and Julius the sock monkey, which was created by Paul Frank, made their balloon entrances that year. You may also like: 5 tips for making your next event more affordable For the holidays: Get inspiring home and gift ideas – sign up now!No. 10 Maryland holds off George Mason late, 66-56 in a matchup of unbeatens

Pakistan’s housing crisis needs innovation Pakistan’s population swelled from 65m in 1972 to over 240m in 2023, staggering increase of 175 million in 50 years Pakistan's explosive population growth over the past five decades presents a pressing non-traditional national security concern. With ripple effects on water, food, and energy security, this demographic surge threatens social cohesion and economic stability. At the heart of these challenges lies the need for ‘affordable and climate-smart’ housing, a critical yet neglected issue that impacts 78 per cent of the population falling within lower-middle and middle-income brackets as per World Bank classifications. Pakistan’s population has swelled from 65 million in 1972 to over 240 million in 2023, a staggering increase of 175 million over 50 years. Over the next 25 years, the United Nations projects Pakistan’s population to increase by 160 million and surpass 400 million. Despite years of political rhetoric and six government housing schemes since 1972, the annual housing demand of 350,000 units far exceeds the meagre supply of 150,000 units. The result is an urban housing backlog exceeding nine million units as metropolitan areas have swelled under the weight of rural-to-urban migration. To contextualise, 57 per cent of Pakistan’s urban population currently resides in informal shanty settlements according to a recent study by the Asian Development Bank, reflecting decades of neglect in affordable housing policy. The situation will become increasingly dire with over 70 per cent of the populace residing in urban areas by 2050, putting immense pressure on already strained housing infrastructure. Empirical evidence suggests that lower-middle income households have been priced out of renting - let alone owning affordable homes – due to the gentrification of metropolitan centres by upper-income brackets who are less involved politically as a vote bank. This is not just an affordable housing crisis; it is a ticking time bomb of social unrest. Assuming that state-level planning may have been optimal when presented to decision-makers with every passing administration, political expediency, a lack of foresight, and a sincere desire to implement change have led to an accumulated backlog in affordable housing, leaving Pakistan ill-prepared in practical terms. Unlike many other countries, Pakistan took almost 55 years to publish its housing policy which was introduced in 2001. It is more than 2 decades old and there is a new housing policy in development which is targeted to be completed in 2025. Pakistan has also struggled to create sustainable fiscal space, with the most recent resource allocation for housing in the Public Sector Development Programme (PSDP) for 2024-2025 of a mere Rs24.3 billion, representing only 0.13 per cent of the Rs18.8 trillion budget. Adding to the urgency is the looming spectre of climate change, which threatens to exacerbate Pakistan’s housing woes. With floods, rising sea levels, and unpredictable weather patterns becoming more frequent, the need for housing that is not only affordable but also resilient has never been greater. A pragmatic approach needs to be taken rather than rushing through half-baked ideas clobbered together with realistic targets and timelines if the impact is to be scalable nationwide. For Pakistan, a piecemeal revision of the 2001 housing policy won’t suffice. Instead, a transformative ‘Framework for Affordable, Climate-Smart Housing’ is needed – one that embraces innovation, sustainability, and private-sector collaboration. To address the dual challenges of affordability and sustainability, Pakistan must move beyond outdated policies and embrace a comprehensive, data-driven ‘value chain’ approach which will accelerate the sustainable development of the ecosystem. The How: From the onset, let the business community come up with commercially viable solutions designed within the Public-Private Partnership (PPP) model with proactive facilitation and support of the state machinery assisted by their consultants. This begins with concurrent, collaborative consultations with donors, multilateral and domestic financiers co-creating sustainable solutions with potential project developers as well as a sample cohort representative of small business owners and lower-middle income salaried persons to provide a ‘customer lens’ perspective on affordability, ease of access to finance, et cetera. It is immensely critical to also identify suitable unencumbered land titles for such projects as many countries offer state land – with defined building codes on concessional leases or grants – outside of urban centres which are fundamental to ensuring that the projects can rapidly ‘come off the ground’. The state-owned lenders and DFIs, currently focused on lending to SOEs and investing in government securities, need to be encouraged to refocus on their raison d’etre and be mandated to lead the funding streams against time-bound action plans centrally monitored by the finance division and implemented by the housing division. The downstream can be supported by commercial banks on the back of partial risk guarantee facilities from multilateral lenders covering the construction at concessional rates by innovative developers compliant with energy efficient and green standards using recycled building materials. Such funding is normally augmented by technical assistance for capacity building to deepen the ecosystem. Concerning the construction guarantees for green housing, since modular affordable housing can be accelerated, such de-risking solutions made available to domestic banks can be released from a project within 18 months and redeployed which helps recycle capital required for more modular affordable housing projects. On the demand side, domestic lenders are ill-equipped to initially assess informal income and poorly documented small business owners require a high index mortgage repayment guarantee from multilaterals and DFIs. These guarantees should typically cover over 60-70 per cent of the loan amounts to support the mortgage programs of domestic lenders, while loan-to-value may initially even be in the high 90 per cent range, and the property title deeds would remain in ‘trust’ and only transferred once full repayment has been completed or sufficiently de-risked to a pre-agreed amortisation level of acceptability. This is vital to unlocking affordable and resilient housing solutions. Mortgage guarantees also require a widening of credit assessment parameters using unconventional data. This is where the local data analytics talent can get a boost as one has seen several fin-tech outfits design and test risk models using alternative credit assessment criteria where bank statements and credit records are unavailable. Greater use of technology to obtain demographic information, geotagging movement and photos, residence stability, and personal mobility data is being used to augment and enrich credit profiling for scorecards and in turn, accelerate the mortgage approval processes at domestic lenders. Besides bank lending, ‘impact investing’ is another pool of capital which is increasingly recognised as a viable funding source for affordable housing projects that also yield social benefits. Investors provide capital with the expectation of both financial returns and positive community impacts. This model has been successfully implemented in various countries, directing funds towards projects that enhance infrastructure and services alongside providing homes. A typical financing mechanism to attract ‘climate’ and ‘sustainable impact’ tagged funding - already earmarked for Pakistan or green housing projects by international donors and global asset managers - involves instrumentation and ringfencing designated streams of concessional debt and non-refundable grants or equity into special purpose vehicles. Debt instruments can nowadays be packaged as ‘green’ covered bonds to draw interest from EU-based investors if it can be demonstrated that the projects are compliant and certified by the Climate Bonds Standard. All this is typical of how such models have been deployed in other countries. For example, Mexico launched climate-smart affordable mortgage schemes that enable borrowers to access lower interest rates when purchasing or renovating homes that meet specific energy efficiency standards. Pakistan can also look at the approaches taken by Kenya, Brazil and India, among others. Pakistan needs to adopt such innovative approaches linking climate-smart development financing earmarked by donors and investors for climate adaption by identifying and structuring projects that incorporate ‘resilience’ features such as flood-resistant materials, storm-resistant roofing, elevated foundations on stilts that prepare communities for climate-related disasters such as rising sea and river levels and heavy rainfalls as the country continues to remain vulnerable to recurrence. Domestic lenders can generate carbon offsets under scope 3 by offering consumer loans on residential solar energy and energy-efficient appliances certified by the National Energy Efficiency and Conservation Agency (NEECA). These loans can be packaged with their affordable mortgage schemes. Innovative financing solutions are critical for addressing the dual challenges of affordability and sustainability in housing. By leveraging mechanisms such as green bonds, public-private partnerships, impact investing, and technology-driven approaches, domestic DFIs and commercial banks can play a pivotal role in funding affordable green housing initiatives. By adopting a forward-looking, development finance-led strategy that prioritises climate-smart affordable housing, Pakistan can address its housing crisis while fostering economic growth and climate resilience. The question is no longer whether Pakistan can afford to invest in affordable and resilient climate-smart housing, it is whether it can afford not to. For policymakers seeking to connect with voters and create lasting impact, this is a cause worth championing. The writer is a senior banker seasoned with international experience in global markets and development finance. He can be reached at: 1adnanpasha@gmail.com

Get ready for yet another GPU shortage, as Nvidia has warned about potential shortages in the current quarter. Although the company’s third-quarter revenue saw a healthy growth, in its recent earnings call , company Chief Financial Officer Colette Kress said that the fourth-quarter revenue is expected to decline sequentially due to supply constraints. The anticipated GPU shortage could potentially stem from a strategic shift in production to prepare for the next-generation RTX 50-series “Blackwell” GPUs, slated for release in 2025. This supply transition, coupled with surging gaming and professional use-case demand, seems to have left the company in a tight spot. Nvidia acknowledged its struggle to maintain stock for both gamers and enterprise customers, emphasizing its ongoing efforts to expand manufacturing capacity. For gamers, this warning means longer wait times and potential price surges for Nvidia’s GPUs during the holiday season. Retailers may face limited inventory of RTX 40-series models, especially premium cards like the RTX 4080 and RTX 4090 . This challenge arrives as gamers increasingly seek powerful hardware for 4K gaming and emerging AI-enhanced features, making GPU availability crucial. Nvidia remains optimistic about a recovery though, projecting improved supply by early 2025 as production ramps up. Analysts note that the company’s dual strategy — balancing gaming and enterprise segments — has proven profitable but may exacerbate short-term shortages. Additionally, the ramp-up to the RTX 50-series could generate renewed interest among gamers, potentially easing pressure on older product lines. Despite these challenges, Nvidia continues to solidify its leadership in both gaming and AI markets. The company’s GPUs remain a cornerstone of the gaming ecosystem and the driving force behind advancements in generative AI technologies. However, gamers should brace for a challenging quarter in obtaining sought-after GPUs until supply levels stabilize. On the positive side, Nvidia’s third-quarter revenue surged 94% year-over-year to $35 billion, with net income rising 109% to $19.3 billion. The data center segment drove this growth, contributing $30.7 billion (87.7% of total revenue), fueled by strong demand for H100/H200 and upcoming Blackwell GPUs.Australian market watchers have raised concerns over what another Trump administration and an uncertain Chinese economy could mean for the local bourse next year as markets come off a prosperous 2024. The S&P/ASX 200 grew about 10 per cent in 2024, its best gain since 2021, marking a recovery after two years hampered by inflationary pressures and ballooning interest rates. Donald Trump, Xi Jinping and Elon Musk will hold great influence over the fate of global markets in 2025. Credit: Nathan Perri While forecasts in January were optimistic about the year ahead, Tribeca Investment Partners portfolio manager Jun Bei Liu said the ASX “defied all expectations” with the “incredible” returns observed across 2024. “At the beginning, we all thought the Australian market would be strong, but not as strong as it has been,” Liu said. “It’s been thanks to the resilience of our economy and optimism returning to the sharemarket.” Among the best performers was the finance sector – which grew 30 per cent in the past year and was spurred on by Commonwealth Bank – and the IT sector, which enjoyed significant gains as artificial intelligence demand surged. Jessica Amir, market strategist at Moomoo, observed that late annual growth on the bourse came behind the “hot spice” kicked into markets following the US election and release of a new Chinese stimulus. Among the late lifters was Block Inc., the Jack Dorsey-founded financial services firm that emerged as a major beneficiary of the Bitcoin price surge that followed Donald Trump’s election victory. Moomoo market strategist Jessica Amir has backed Block in for a big 2025 amid the Trump-inspired Bitcoin boom. Credit: Louie Douvis “It was a monumental day and showed the changing face of the Australian sharemarket when we saw Block overtake ANZ and Macquarie [in December],” Amir said. “Block will probably become a top-five company in 2025.” Analysts view Trump’s inauguration on January 20 as the first major test for the Australian sharemarket in 2025, likely to be followed by the Australian Reserve Bank’s interest rates decision on February 6. Some of Trump’s policies – including new trade tariffs – spell trouble for global markets. IG market analyst Tony Sycamore said that Trump’s immediate actions following his inauguration would be “very important” for the health of the Australian sharemarket. “Most of the forecasts that I’ve seen say it’ll be a good year for the stock market if Trump does this or that,” Sycamore said. “It depends on whether Trump prioritises tax cuts, regulation and cutting the fat off the US bureaucracy, or whether he goes for the tariffs.” AMP chief economist Shane Oliver has said the Australian dollar could be in for a “rough ride” under Donald Trump’s America-first policies. Credit: Peter Rae While the prospect of increased tariffs has accelerated inflationary fears, Trump’s agenda is also forecast to stimulate growth for big tech, industrial and mining stocks, and the banks, which are expected to enjoy increased borrowing demand as interest rates continue to be lowered in 2025. “Trump is quite supportive of the stock market in general,” Amir said. “Cutting taxes, regulation and red tape is really good for tech stocks, especially the chip sector.” Tesla is among the companies that’s expected to benefit from an expected reduction in the cost of batteries in 2025, and reap reward from chief executive Elon Musk’s tight-knit relationship with Trump. AMP chief economist Shane Oliver said the Australian dollar could face a “rough ride” under Trump, though he noted that lower spending in the US could put upward pressure on the Aussie dollar. “It wouldn’t surprise me if as the US economy cools down into next year, that it leads to lower services inflation, which leads to lower inflation,” said Oliver, who expects constrained global growth in 2025. “The Aussie dollar could turn less than 60¢ on the downside, or head towards high 60s if the US Federal Reserve turns dovish, and the Chinese stimulus comes strong.” The RBA is expected to cut interest rates as early as February, as underlying inflation falls further and unemployment rises. The federal election, slated for sometime between March and May, might prompt an increase in government spending although is unlikely to influence short-term economic policies. Weak Chinese economic data released this month renewed calls for an increased stimulus from its government, which could promise increased trade opportunities for Australian businesses. Liu thought investors could expect “more and more” targeted stimulus packages from the Chinese government, as it loosens its policies in a bid to supercharge a slowing economy. “Policymakers have been very clear – they will keep stimulating until they get it right,” Liu said. “Given the underperformance of the [Australian] utilities sector, the stimulus will provide a tailwind for them.” Miners are also expected to benefit from new Chinese stimulus packages, and from movement across global currencies. “You would expect the US dollar to eventually roll over, and the rolling over would allow the pushing up of commodity demand, which is to the benefit of our mining sector,” Amir said. “It will make for – all in all – a pretty good year.” The Business Briefing newsletter delivers major stories, exclusive coverage and expert opinion. Sign up to get it every weekday morning .

The Swiss city is expected to finance next year's song contest, despite skepticism from conservatives. The Alpine country will host the event after Swiss artist Nemo won Eurovision this year with "The Code." Voters in the northwestern Swiss city of Basel backed nearly $40 million (€38 million) in public funding on Sunday to host the 2025 Eurovision Song Contest . Preliminary results from Sunday's referendum show that 66.4% of voters in the city supported using taxpayer money for the event. Eurovision funding ensures full spectacle With the funding approved, the annual TV spectacle will proceed with its full traditional flair. Had the money not been granted, Eurovision 2025 would have been scaled back to only the main show, without any public events beyond the main show. The money will be put into programs accompanying the main event, and finance accommodation and expanded public transportation for attendees, among other initiatives. Eurovision is an opportunity for Basel, the home of pharma giants Novartis and Roche, to showcase its cultural attractions such as art museums. Based on the last two contests in Liverpool and Malmo, Basel hopes to make about 60 million Swiss francs (€64 million, $67 million) from the event. Swiss conservatives against funding say ESC promotes propaganda If the money were rejected, the Eurovision side-events in Basel would have been axed. Public funding for Eurovision 2025 was put to a referendum after the national-conservative Federal Democratic Union of Switzerland (EDU) had gathered enough signatures. The minor political party, which promotes Biblical values, has criticized taxpayer money for an event which it sees as promoting antisemitism and occultism. Some voters expressed concerns about traffic disruptions and the financial burden on taxpayers in general. Switzerland will host next year's Eurovision after Swiss singer-rapper Nemo won the 2024 event with the song "The Code." Nemo was the first non-binary artist in history to win the award. Swiss non-binary singer wins 2024 Eurovision Song Contest To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video wd/lo (AFP, dpa)

NEW YORK , Dec. 3, 2024 /PRNewswire/ -- Report on how AI is redefining market landscape - The global cylindrical lithium-ion battery market size is estimated to grow by USD 11.61 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6.59% during the forecast period. Shift in the automotive industry to evs is driving market growth, with a trend towards revisions in lithium-ion battery safety standards. However, safety concerns in lithium-ion batteries poses a challenge. Key market players include Altertek Ltd., BorgWarner Inc., E One Moli Energy Corp., EVE Energy Co. Ltd., Hitachi Ltd., LG Corp., Lithion Power Group Ltd., Lithium Werks, Murata Manufacturing Co. Ltd., Nanograf Corp., Northvolt AB, OptimumNano Energy Co. Ltd., Panasonic Holdings Corp., PowerTech Systems, Samsung Electronics Co. Ltd., Sony Group Corp., Tesla Inc., The Duracell Co., TotalEnergies SE, and VARTA AG . Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Cylindrical Lithium-Ion Battery Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 6.59% Market growth 2024-2028 USD 11613.1 million Market structure Fragmented YoY growth 2022-2023 (%) 6.18 Regional analysis APAC, North America, Europe, South America, and Middle East and Africa Performing market contribution APAC at 57% Key countries China, US, Japan, South Korea, and Germany Key companies profiled Altertek Ltd., BorgWarner Inc., E One Moli Energy Corp., EVE Energy Co. Ltd., Hitachi Ltd., LG Corp., Lithion Power Group Ltd., Lithium Werks, Murata Manufacturing Co. Ltd., Nanograf Corp., Northvolt AB, OptimumNano Energy Co. Ltd., Panasonic Holdings Corp., PowerTech Systems, Samsung Electronics Co. Ltd., Sony Group Corp., Tesla Inc., The Duracell Co., TotalEnergies SE, and VARTA AG Market Driver The International Electrotechnical Commission (IEC), established in 1906, sets the global standard for batteries, including lithium-ion batteries. With the increasing focus on lithium-ion batteries due to their unique characteristics, the IEC has revised the battery safety standards. The IEC 62133 standard, which covers testing instructions for nickel- and lithium-based batteries, has been updated. Mechanical testing now requires specific shock and vibration testing, previously covered by UN38.3 testing. Overcharging testing involves charging batteries at 1.4 times the maximum charging voltage for 1S battery packs, compared to the previous maximum voltage charging. Labeling requirements now include IEC 61960 details: battery type, manufacturing date, rated capacity, manufacturer name, nominal voltage, and polarity markings. These revisions aim to enhance safety and reduce risks associated with cylindrical lithium-ion batteries, contributing to the growth of the global market for these batteries. The Cylindrical Lithium-Ion Battery market is experiencing significant growth due to increasing demand from various industries. Digital cameras, battery-operated material-handling equipment, automation, and smart devices are major consumers. The renewable energy sector also drives growth, as Li-ion batteries provide efficient energy storage. Lithium ions, the key component, move between the negative electrode (carbon anode) and positive electrode (cobalt oxide cathode), releasing chemical energy and converting it into electrical energy. Li-ion batteries offer high energy density, long charge and discharge cycles, and low carbon footprint. LiCoO2 and LiMn2O4 batteries are popular types. The market's future looks bright, with advancements in automotive, medical devices, and grid energy storage applications. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges Lithium-ion batteries are a popular choice in the automotive industry and consumer electronics due to their high energy density and superior electrochemical performance. However, these batteries have safety concerns as they use a flammable electrolyte and are susceptible to leakage and drying out, which can lead to explosions or short-circuits. The International Air Transportation Association (IATA) has regulations limiting the shipment of Lithium-ion batteries to a 2.5-kg package due to safety concerns. Separators are a crucial component in these batteries, acting as a fuse by shutting down pores during overheating. Uneven separators can cause battery failure due to poor conductivity in dry areas, posing a risk of disastrous incidents, albeit with a low probability. These safety concerns may hinder the growth of the global cylindrical lithium-ion battery market during the forecast period. The Cylindrical Lithium-Ion Battery market is experiencing significant growth due to increasing demand from various industries and applications. Automobiles and industrial operations are major consumers, with automotive applications including electric vehicles, e-bikes, and automated guided vehicles. In electronics, laptops, mobile phones, power tools, and portable products drive demand. However, challenges exist. Government policies and GHG emissions concerns are pushing for green energy solutions. Commercial charging stations and energy storage systems are essential for electric vehicles. Lithium-ion batteries, with their high-power capacity, are key. Cylindrical batteries, with their cylindrical cell design, metal casing, and various electrode materials like Lithium Iron Phosphate, Lithium Cobalt Oxide, Lithium Titanate Oxide, and Lithium Manganese Oxide, cater to diverse sectors like Aerospace, Marine, Medical, Industrial, Power, Telecommunication, and consumer electronics. The automotive segment, including cars and buses, is a significant market. Despite these opportunities, challenges remain. Carbon discharges during production and disposal pose environmental concerns. Regulatory pressures and consumer expectations call for more sustainable, cost-effective, and efficient solutions. Innovations in battery technology, recycling, and circular economy models will be crucial. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This cylindrical lithium-ion battery market report extensively covers market segmentation by Application 1.1 Automotive 1.2 Industrial 1.3 Others Type 2.1 Lithium nickel manganese cobalt 2.2 Lithium titanate 2.3 Lithium iron phosphate 2.4 Lithium cobalt oxide Geography 3.1 APAC 3.2 North America 3.3 Europe 3.4 South America 3.5 Middle East and Africa 1.1 Automotive- The automotive segment of the Cylindrical Lithium-Ion Battery market is experiencing significant growth, driven primarily by the increasing adoption of Electric Vehicles (EVs) and e-bikes. Lithium-ion batteries, including cylindrical types, offer advantages over traditional lead-acid batteries, such as higher energy density, better performance, longer cycle life, production automation, and improved security. Cylindrical lithium-ion batteries are more cost-effective due to their higher energy density, faster charging times, and longer lifespan, making them a preferred choice for leading EV manufacturers like Tesla. Government support for EVs due to environmental concerns and the deployment of subsidies and incentives are further fueling market growth. For instance, France and the UK have announced plans to ban the sale of diesel vehicles by 2040. In the e-bike segment, cylindrical lithium-ion batteries are increasingly popular due to their longer running times and faster charging rates. Technological advancements and declining battery prices are also contributing factors. The market is shifting towards 20700 and 21700 rechargeable cylindrical lithium-ion batteries, offering increased capacity and improved performance. The growth of the EV industry in the coming years is expected to continue driving the market during the forecast period. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The Cylindrical Lithium-Ion Battery Market refers to the global industry dedicated to producing and supplying cylindrical shaped Lithium-Ion Batteries. These batteries are widely used in various applications due to their high energy density, long cycle life, and excellent power output. They store chemical energy and convert it into electrical energy, making them ideal for consumer electronics and energy storage systems. Operating at different voltage levels, these batteries are finding increasing demand in portable electronics and automotive verticals, including electric vehicles, e-bikes, automated guided vehicles, and battery-driven vehicles. Cylindrical Lithium-Ion Batteries consist of a Negative Electrode, Positive Electrode, Intercalated Lithium Compound, and an Electrolyte. Lithium ions move between the electrodes during charging and discharging. The batteries are rechargeable, making them a preferred choice for applications requiring high-power capacity and off-grid electrification. Despite their benefits, the production and disposal of Lithium-Ion Batteries have a carbon footprint, which is a concern for the environment and is being addressed through research and innovation in the industry. Market Research Overview Cylindrical Lithium-Ion Batteries: A Game Changer in Energy Storage Cylindrical Lithium-Ion Batteries are a type of rechargeable battery known for their high energy density, long cycle life, and excellent performance. These batteries store chemical energy and convert it into electrical energy when required. They are widely used in various applications, including consumer electronics, medical devices, automobiles, industrial operations, and automation. The cylindrical design offers several advantages, such as high-power capacity, long charge and discharge cycles, and compatibility with various electrode materials like LiCoO2 battery, LiMn2O4 battery, Lithium Iron Phosphate, Lithium Cobalt Oxide, Lithium Titanate Oxide, and Lithium Manganese Oxide. The batteries consist of a cylindrical cell with a metal casing, electrodes, and an electrolyte. The growing demand for portable electronics, electric vehicles, and green energy is driving the market for cylindrical lithium-ion batteries. However, concerns over their carbon footprint and the need for sustainable energy solutions have led to government policies and commercial charging stations promoting the use of renewable energy sources. The batteries have applications in various sectors, including aerospace, marine, medical, industrial, power, telecommunication, and automotive. In the automotive segment, they are used in electric vehicles, e-bikes, automated guided vehicles, and battery-driven vehicles. They are also used in power tools, portable products, and various smart devices. The electrodes in cylindrical lithium-ion batteries consist of a negative electrode (usually made of graphite carbon anode), a positive electrode (cobalt oxide cathode or other materials), and an intercalated lithium compound. The batteries operate at various voltages, depending on the application. The use of lithium-ion batteries in various applications contributes to reducing greenhouse gas emissions, as they offer a more efficient and sustainable alternative to traditional energy sources. However, efforts are being made to reduce the carbon footprint of lithium-ion battery production and disposal. In summary, cylindrical lithium-ion batteries are a versatile and high-performing energy storage solution with a wide range of applications and benefits. Their increasing use in various sectors is expected to drive market growth, while efforts to reduce their carbon footprint and promote sustainable production and disposal will ensure their long-term viability. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Application Automotive Industrial Others Type Lithium Nickel Manganese Cobalt Lithium Titanate Lithium Iron Phosphate Lithium Cobalt Oxide Geography APAC North America Europe South America Middle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/cylindrical-lithium-ion-battery-market-to-grow-by-usd-11-61-billion-2024-2028-driven-by-automotive-shift-to-evs-with-ai-impacting-market-trends---technavio-302319795.html SOURCE Technavio © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Prospera Financial Services Inc increased its position in shares of GE HealthCare Technologies Inc. ( NASDAQ:GEHC – Free Report ) by 5.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,014 shares of the company’s stock after purchasing an additional 253 shares during the quarter. Prospera Financial Services Inc’s holdings in GE HealthCare Technologies were worth $471,000 at the end of the most recent quarter. Several other institutional investors have also recently added to or reduced their stakes in GEHC. Van ECK Associates Corp acquired a new stake in shares of GE HealthCare Technologies during the third quarter worth approximately $208,513,000. Marshall Wace LLP acquired a new stake in GE HealthCare Technologies during the 2nd quarter valued at $63,639,000. Jacobs Levy Equity Management Inc. raised its position in GE HealthCare Technologies by 4,959.8% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 758,514 shares of the company’s stock valued at $68,957,000 after purchasing an additional 743,523 shares during the last quarter. International Assets Investment Management LLC boosted its stake in GE HealthCare Technologies by 10,227.3% in the third quarter. International Assets Investment Management LLC now owns 621,913 shares of the company’s stock worth $58,367,000 after purchasing an additional 615,891 shares in the last quarter. Finally, Blackstone Inc. bought a new stake in shares of GE HealthCare Technologies during the first quarter worth $31,818,000. 82.06% of the stock is owned by institutional investors. Analysts Set New Price Targets Several brokerages recently issued reports on GEHC. Wells Fargo & Company upped their price target on shares of GE HealthCare Technologies from $95.00 to $96.00 and gave the stock an “overweight” rating in a research report on Thursday, October 31st. Redburn Atlantic upgraded shares of GE HealthCare Technologies to a “strong-buy” rating in a research report on Thursday, August 1st. Evercore ISI raised their price target on shares of GE HealthCare Technologies from $98.00 to $102.00 and gave the company an “outperform” rating in a report on Tuesday, October 1st. UBS Group downgraded GE HealthCare Technologies from a “neutral” rating to a “sell” rating and reduced their price objective for the stock from $84.00 to $74.00 in a report on Thursday, September 26th. Finally, JPMorgan Chase & Co. began coverage on GE HealthCare Technologies in a research note on Monday, September 9th. They issued a “neutral” rating and a $90.00 target price for the company. One research analyst has rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $94.36. GE HealthCare Technologies Stock Performance Shares of NASDAQ:GEHC opened at $82.44 on Friday. The firm’s 50 day simple moving average is $88.35 and its 200 day simple moving average is $83.60. GE HealthCare Technologies Inc. has a fifty-two week low of $66.39 and a fifty-two week high of $94.55. The company has a market capitalization of $37.66 billion, a price-to-earnings ratio of 22.65, a P/E/G ratio of 2.94 and a beta of 1.24. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.23 and a quick ratio of 0.98. GE HealthCare Technologies ( NASDAQ:GEHC – Get Free Report ) last issued its earnings results on Wednesday, October 30th. The company reported $1.14 EPS for the quarter, beating the consensus estimate of $1.06 by $0.08. The firm had revenue of $4.86 billion during the quarter, compared to the consensus estimate of $4.87 billion. GE HealthCare Technologies had a net margin of 8.56% and a return on equity of 25.19%. The business’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.99 earnings per share. As a group, sell-side analysts forecast that GE HealthCare Technologies Inc. will post 4.29 earnings per share for the current year. GE HealthCare Technologies Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, October 18th were paid a $0.03 dividend. The ex-dividend date was Friday, October 18th. This represents a $0.12 dividend on an annualized basis and a yield of 0.15%. GE HealthCare Technologies’s payout ratio is 3.30%. Insiders Place Their Bets In other news, CEO Roland Rott sold 3,577 shares of the stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $86.48, for a total transaction of $309,338.96. Following the completion of the sale, the chief executive officer now owns 24,298 shares of the company’s stock, valued at $2,101,291.04. This represents a 12.83 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink . Corporate insiders own 0.27% of the company’s stock. About GE HealthCare Technologies ( Free Report ) GE HealthCare Technologies Inc engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally. The company operates through four segments: Imaging, Ultrasound, Patient Care Solutions, and Pharmaceutical Diagnostics. Recommended Stories Want to see what other hedge funds are holding GEHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GE HealthCare Technologies Inc. ( NASDAQ:GEHC – Free Report ). Receive News & Ratings for GE HealthCare Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GE HealthCare Technologies and related companies with MarketBeat.com's FREE daily email newsletter .None

Dzmitry Dzemidovich/iStock via Getty Images BridgeBio ( NASDAQ: BBIO ) announced the FDA approval of Attruby (acoramidis) for the treatment of ATTR cardiomyopathy on November 22. This was a largely expected event based on the strong phase 3 results, but there are never I publish my best ideas and top coverage on the Growth Stock Forum . If you're interested in finding great growth stocks, with a focus on biotech, consider signing up. We focus on attractive risk/reward situations and track each of our portfolio and watchlist stocks closely. To receive e-mail notifications for my public articles and blogs, please click the follow button . And to go deeper, sign up for a free trial to Growth Stock Forum. ONeil Trader is a former stockbroker turned full-time independent investor. He focuses on finding growth and biotech stocks with significant growth potential and calculates ideas in large part based on best risk-adjusted returns. He leads the investing group Growth Stock Forum which features: a model portfolio of 15-20 names updated regularly, a top picks list of up to 10 stocks that are expected to perform well in the current calendar year, trading ideas that target both short-term and medium-term moves, and chat with community dialogue and for questions. Learn More . Analyst’s Disclosure: I/we have a beneficial long position in the shares of BBIO, NBIX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. This article reflects the author's opinion and should not be regarded as a buy or sell recommendation or investment advice in any way. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump on Saturday threatened 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar. His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates. Turkey, Azerbaijan and Malaysia have applied to become members and several other countries have expressed interest in joining. While the U.S. dollar is by far the most-used currency in global business and has survived past challenges to its preeminence, members of the alliance and other developing nations say they are fed up with America’s dominance of the global financial system . The dollar represents roughly 58% of the world’s foreign exchange reserves, according to the IMF and major commodities like oil are still primarily bought and sold using dollars. The dollar’s dominance is threatened, however, with BRICS’ growing share of GDP and the alliance’s intent to trade in non-dollar currencies — a process known as de-dollarization. Trump, in a Truth Social post, said: “We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy.” At a summit of BRIC nations in October, Russian President Vladimir Putin accused the U.S. of “weaponizing” the dollar and described it as a “big mistake.” “It’s not us who refuse to use the dollar,” Putin said at the time. “But if they don’t let us work, what can we do? We are forced to search for alternatives.” Russia has specifically pushed for the creation of a new payment system that would offer an alternative to the global bank messaging network, SWIFT, and allow Moscow to dodge Western sanctions and trade with partners. Trump said there is “no chance” BRIC will replace the U.S. dollar in global trade and any country that tries to make that happen “should wave goodbye to America.” Research shows that the U.S. dollar’s role as the primary global reserve currency is not threatened in the near future. An Atlantic Council model that assesses the dollar’s place as the primary global reserve currency states the dollar is “secure in the near and medium term” and continues to dominate other currencies. Trump’s latest tariff threat comes after he threatened to slap 25% tariffs on everything imported from Mexico and Canada, and an additional 10% tax on goods from China, as a way to force the countries to do more to halt the flow of illegal immigration and drugs into the U.S. He has since held a call with Mexican President Claudia Sheinbaum, who said Thursday she is confident that a tariff war with the United States can be averted. Canadian Prime Minister Justin Trudeau returned home Saturday after meeting Trump, without assurances the president-elect will back away from threatened tariffs on Canada.

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