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The summer of 2024 and Labour’s victory in the general election is already another country in terms of political atmosphere. Winter is here and the cautious optimism of July has been replaced with chilly foreboding. The economy is stagnant, inflation not fully tamed and interest rates still punishing. Labour’s pre-election war cry of growth at all costs has given way to a nebulous commitment to better living standards. The party’s cautious “Ming vase” campaign worked politically but as the year ends it more resembles an empty vessel, devoid of an overall vision for Britain and solutions to its economic malaise. Rarely has confidence in a government evaporated so swiftly. According to YouGov, after only six months more than half of Britons have lost trust inBy Political Reporter- Local government Minister and Zanu PF Mashonaland East Chairman Daniel Garwe has attacked Vice President Constation Chiwenga and crashed his Presidential ambitions. Garwe Sunday addressed a meeting in Chivhu and told the gathering that the “ED2030” campaign is irreversible. The “2030 ED Vachitonga was adopted at the party conference after all our nine party provincial structures had endosed it. At the conference it was then present by the party’s secretary for legal affairs Cde Patrick Chinamasa. I want to tell you here that that resolution its possible and its irreversible,” Garewe told a district feedback meeting in Chihu’s Chikomba district. Two weeks ago, President Mnangagwa’s allies in his home province, the Midlands, also reignited the push to extend his term of office despite Mnangagwa having stated that he would step down in 2028. This renewed ambition for a term extension has rekindled tensions between Mnangagwa and Chiwenga, following a temporary truce at the Zanu PF conference in Bulawayo in October.'Charming' tiny village on the edge of Merseyside where 'dogs are treated like humans' The Botanical gardens. (Image: Jason Roberts /Manchester Evening News ) Merseyside is home to countless villages steeped in history, but few offer as much unique character as Churchtown. The village, which is historically within the confined of Lancashire and is home to red rose stickers showing the historic pride of Lancashire DNA running through the area. Found in north Southport, the village is quaint with a romantic blend of past and present. Despite it clearly being in the 21st century, you could easily be mistaken for thinking you had time travelled as you look around at the thatched roofs and 150-year-old stockings. Adjacent to the wall of St Cuthbert's Church nestled in the corner of the village, stocks dating from 1741 can be found behind a padlocked gate. Written on a plaque that had been gifted to the people of Churchtown by North Meols Civic Society, it explains the stocks were last used on June 3 1861 when John Rimmer was sentenced to six hours for drunkenness. Nowadays, it's a clear representation of history we shouldn't forget in a hurry, preserved for residents in 2024 to learn, marvel and wonder about the history of their village. Speaking about type of shops and businesses in the area, Jill Skelton of Vintage Home told LancsLive last month: "It's nice, there's lots of independent shops and it's sort of kept it's charm really, from what it used to be. It's not like a high street really, there's not big chains." Vintage Homes has been a resident on Botanic Road in Churchtown for the last three years and has made itself at home. Selling antiques and vintage items, the shop has made a name for itself in the area. Churchtown is tucked away in the north of Southport and... Susan Newton , Ben Haslam
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India’s mobile payments dilemmaUnitedHealthcare CEO kept a low public profile. Then he was shot to death in New YorkJurors in San Francisco on Wednesday morning began deliberating the fate of defendant Nima Momeni, the man charged with murder in the 2023 fatal stabbing of Cash App founder Bob Lee . Before the case was given to the jury shortly after 10 a.m., the judge gave some final instructions about the procedures they will follow when they come to a verdict or if they cannot come to an agreement. Momeni has been charged with first-degree murder, which carries a sentence of 26-years-to-life in prison. Jurors are also considering second-degree murder and manslaughter in the case. The judge said whatever verdict the jury comes to must be unanimous. The state has accused Momeni of fatally stabbing tech executive Lee in a remote part of San Francisco's East Cut neighborhood on an early morning in April 2023. Prosecutors have argued the deadly stabbing came after a heated discussion regarding his sister's relationship with Lee and their ongoing drug use . Momeni's attorneys have argued that Lee attacked Momeni in a drug-fueled rage and was accidentally stabbed as Momeni defended himself. Lee's family and friends anxiously sat through the trial hoping the jury will come back with a quick guilty verdict. But it's unclear how long deliberations will take, or what the verdict will be, as jurors have asked dozens of their own questions throughout the trial. On Wednesday, Lee's former wife Krista said that she believes prosecutors did their best to bring Bob's story to the courtroom. "I've got nothing but the utmost respect for our jurors, they have a very tough decision ahead of them. And I'm ever so grateful for our legal team on this and most of all the judge. And even more so the San Francisco Police Department. Sorry guys, I'm getting a little teary-eyed on this one," she said, fighting back tears. "I think they've all done a phenomenal job and unfortunately for our family we will never stop fighting for Bob's legacy." The start of deliberations came a day after attorneys for Momeni wrapped up their closing argument with a surprise video clip they claimed showed Lee doing cocaine with the same knife used to kill him hours later. Momeni's defense attorneys made their final bid to prove their client's innocence to jurors, saying that Momeni had no motive to stab Lee and trying to provide a lasting image reinforcing their claim that he acted in self-defense. In criminal cases, prosecutors get the final word. During their rebuttal, the prosecution told jurors the odds for so many coincidences to fall into place to make Momeni's story possible were like being struck by lightning 30 times. They urged jurors to use common sense and return a guilty verdict. Their final words in court: "Do not let him get away with it."
TORONTO, Dec. 04, 2024 (GLOBE NEWSWIRE) -- PIMCO Canada Corp. (“ PIMCO Canada ”) announced today that at special meetings of the unitholders of PIMCO Tactical Income Fund (TSX: PTI), PIMCO Tactical Income Opportunities Fund (TSX: PTO) and PIMCO Multi-Sector Income Fund (TSX: PIX) (collectively, the “ Funds ”) held on December 4, 2024, unitholders of the Funds approved all matters relating to the reorganization of each Fund (the “ Mergers ”), each currently structured as a trust, whereby holders of units of the Funds will become holders of the same class of units of PIMCO Monthly Enhanced Income Fund (TSX: PMEI), a new non-redeemable investment fund structured as a trust managed by PIMCO Canada, all as more particularly described in the Management Information Circular of the Funds dated October 18, 2024. The necessary regulatory and independent review committee approvals have also been received. Accordingly, PIMCO Canada expects to proceed with the Mergers on December 20, 2024. The Funds will continue to trade as normal up until the Mergers. Units of each Fund are anticipated to be delisted from the Toronto Stock Exchange at market close on December 20, 2024. Subject to satisfying the listing requirements of the Toronto Stock Exchange, units of PIMCO Monthly Enhanced Income Fund are anticipated to commence trading on Monday, December 23, 2024 following the Merger. A copy of the final non-offering prospectus for PIMCO Monthly Enhanced Income Fund will be filed by the Manager and available at the Manager’s website at www.pimco.ca or at www.sedarplus.com. About PIMCO PIMCO is one of the world’s premier fixed income investment managers. With its launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 50+ years since, the firm continued to bring innovation and expertise to our partnership with clients seeking the best investment solutions. Today PIMCO has offices across the globe and 2,500+ professionals united by a single purpose: creating opportunities for investors in every environment. PIMCO is owned by Allianz SE, a leading global diversified financial services provider. Forward-Looking Statements Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expect”, “anticipate”, “will” and similar expressions to the extent they relate to the Funds. The forward-looking statements are not historical facts but reflect the Fund’s, PIMCO Canada and/or PIMCO’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including, but not limited to, market factors. Although the Fund, PIMCO Canada and/or PIMCO believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Fund, PIMCO Canada and/or PIMCO undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other factors which affect this information, except as required by law. You will usually pay brokerage fees to your dealer if you purchase or sell units of the investment funds on Toronto Stock Exchange. If the units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of the investment fund and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in these documents. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. A word about risk: All investments contain risk and may lose value. Investing in the bond market is subject to risks, including market, interest rate, issuer, credit, inflation risk, and liquidity risk. The value of most bonds and bond strategies are impacted by changes in interest rates. Bonds and bond strategies with longer durations tend to be more sensitive and volatile than those with shorter durations; bond prices generally fall as interest rates rise, and low interest rate environments increase this risk. Reductions in bond counterparty capacity may contribute to decreased market liquidity and increased price volatility. Bond investments may be worth more or less than the original cost when redeemed. PIMCO as a general matter provides services to qualified institutions, financial intermediaries and institutional investors. Individual investors should contact their own financial professional to determine the most appropriate investment options for their financial situation. This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. PIMCO is a trademark of Allianz Asset Management of America LLC in the United States and throughout the world. ©2024, PIMCO The products and services provided by PIMCO Canada Corp. may only be available in certain provinces or territories of Canada and only through dealers authorized for that purpose. PIMCO Canada has retained PIMCO LLC as sub-adviser. PIMCO Canada will remain responsible for any loss that arises out of the failure of its sub-adviser. PIMCO Canada Corp. 199 Bay Street, Suite 2050, Commerce Court Station, P.O. Box 363, Toronto, ON, M5L 1G2 is a company of PIMCO, 416-368-3350 Contact: Agnes Crane PIMCO – Media Relations Ph. 212-597-1054 Email: agnes.crane@pimco.com