The year 2024 has witnessed significant shifts in the rental market across various cities around the world. While some regions have experienced a surge in rental prices due to increased demand and limited supply, other cities have seen a notable decrease in rental rates. In this comprehensive analysis, we will delve into the factors contributing to the decline in rental prices in select cities and explore the implications of this trend.BTS V Aka Kim Taehyung Pays Tribute To Bing Crosby And Late Dog Yeontan In White Christmas Music Video | WATCH
Upon receiving news of the incident, the local health department immediately conducted an on-site inspection of the bathhouse and collected samples for testing. Initial findings from the investigation revealed potential issues related to poor ventilation, inadequate water quality, and overcrowding in the women's bathing area, which may have contributed to the onset of the health incidents. As a precautionary measure, it was decided that the bathhouse would be temporarily closed for an extensive renovation and upgrade of its facilities to ensure the safety and well-being of its patrons.
Refik Hodzic Keston K Perry As yet another United Nations Climate Change Conference fails to produce a strong commitment to urgent climate action, the climate crisis is on course to get much worse. While its effects, such as unprecedented flooding, devastating droughts, storm surges, biodiversity loss and more intense hurricanes appear novel in the eyes of many in the Global North, these disasters have caused immeasurable destruction for decades across the Global South, especially the Caribbean. Extreme weather events not only threaten the economic viability of these societies, but also call into question the role of the most powerful international economic institutions, the World Bank and the International Monetary Fund. Intervention by these bodies has consistently worsened the economic situation of climate-stricken communities. This is why the World Bank and the IMF need to be abolished to save the planet and human lives. Caribbean island nations know this reality all too well. On July 1, Hurricane Beryl slammed into Grenada. Two of its island territories, Carriacou and Petite Martinique, were flattened, as Beryl damaged or destroyed nearly 100 percent of homes and devastated infrastructure. At least six people were killed. The neighbouring island nation of St Vincent and the Grenadines also suffered widespread destruction due to the hurricane. Across the two countries, as many as 80,000 people were affected, with 20,000 people made homeless and 11 killed. Jamaica was not spared either. The hurricane killed at least four people and affected 160,000. Farming communities suffered devastating losses. It has been now almost five months since the hurricane swept through the Caribbean and these communities are still struggling to recover. This is because these island nations have been taken hostage by disastrous deals with the IMF and the World Bank. Instead of helping a region that is at the epicentre of climate disasters, these two institutions force its nations into borrowing arrangements that prioritise austerity and objectives of global capital, rather than immediate and longer-term relief and recovery. As a result, communities suffer under increased public debt and reduced investment in supporting the social infrastructure necessary to respond to climate disasters and mitigate the effects of climate change. In addition, instead of offering unconditional relief and recovery funding on terms required to truly meet the needs of people, these entities have explicitly supported debt-related financial tools like catastrophe insurance or bonds, debt swaps, and now “disaster clauses” integrated into debt contracts. A disaster or hurricane clause adds to the contractual terms of a debt instrument the ability of a borrower to defer payments of interest and principal in the event of a qualifying natural disaster. The clause sets out the kinds of preconditions for specific events or triggers that would permit the borrower to temporarily defer repayments of interest, principal, or both for a period of one to two years. This mechanism does not reduce or eliminate debt. While it purports to offer “relief”, it brings further misery and onerous costs to climate-devastated governments and communities. Take for example the disaster clause, which has been praised and advocated by Caribbean economist and current climate finance adviser of the Inter-American Development Bank, Avinash Persaud, one of the architects of the “Bridgetown Initiative” for the reform of the international financial system. It can only be triggered when an arbitrary threshold like wind speed or financial cost of destruction during a hurricane has been satisfied or exceeded. In the case of Hurricane Beryl, Grenada was able to trigger this clause, but Jamaica was not able to make use of a similar financial tool. In Grenada’s case, the deferred payments will be added back to the principal in subsequent years. In Jamaica’s case, a catastrophe bond could not be used because the hurricane did not meet the so-called “air pressure” parameter, which means investors’ funds remain safe. A catastrophe bond is a high-yield debt instrument arranged by the World Bank and designed to raise money for insurance corporations in the event of a natural disaster. These investors profit as much as 15 percent returns on these instruments when they fail to pay out. If a payout was triggered, bondholders could have paid as much as $150m. These thresholds do not follow scientific evidence or consider the complicated nature and unpredictability of these disasters. That is because they are determined by financial analysts who pursue higher returns for investors. Without sufficient resources for recovery and relief efforts, Jamaica and Grenada may be forced to request recovery loans from the IMF and the World Bank, therefore increasing debt burdens even further. The long-term effect of these arrangements can be seen in Barbuda, Sint Maarten and Dominica, which were devastated by Category 5 Hurricanes Irma and Maria in 2017. My recent visits to these islands, which have not fully recovered, show that debt-related financial instruments are not just wholly inadequate, but utterly unjust. They cannot ensure the social, economic and environmental recovery of communities. In Dominica, for example, debt has mushroomed after the hurricane disaster as climate financing to help it “recover” came in the form of loans. As a result, the nation of 70,000 people is having to pay $30m per year just to service debt. As one Dominican taxi driver put it to me: “The true hurricane started after the hurricane passed.” The hardship that the IMF and the World Bank heap on climate-devastated communities falls in line with the legacies and realities of colonialism. The logic of their mechanisms can be traced back to the insurance system, capital markets, and financial instruments that fuelled the transatlantic slave trade. During that time, enslaved Africans were viewed as chattel and nonhuman property, ships owned by enslavers were insured by major brokers, and slave-produced commodities received investment from colonial governments and financial corporations. These all aimed to accumulate the wealth that produced metropolitan Europe. The World Bank and the IMF operate today as neocolonial institutions that continue the agenda of Euro-American imperial powers. They do not act to mitigate disasters but perpetuate them through debt bondage imposed on climate-devastated countries in the Caribbean and elsewhere. In this moment of multiple, intersecting crises, they are unsuited for the perils and challenges of the climate crisis. To be sure, the World Bank and the IMF were not intended to serve “The Wretched of the Earth” to borrow Frantz Fanon’s language. They were created to prop up Euro-American supremacy and hegemony and protect the interests of global capital. We therefore cannot expect these bodies to be reformed and operate against the economic and political interests of imperial powers and big capital. We need a global movement that calls for and acts on abolishing these institutions for us to meet the demands of these critical times. We need to do away with the World Bank and the IMF for the sake of human lives and for the sake of the planet. Courtesy: aljazeera“Barbenheimer” was a phenomenon impossible to manufacture. But, more than a year later, that hasn’t stopped people from trying to make “Glicked” — or even “Babyratu” — happen. The counterprogramming of “Barbie” and “Oppenheimer” in July 2023 hit a nerve culturally and had the receipts to back it up. Unlike so many things that begin as memes, it transcended its online beginnings. Instead of an either-or, the two movies ultimately complemented and boosted one another at the box office. This combination of images shows promotional art for "Gladiator II," left, and "Wicked." And ever since, moviegoers, marketers and meme makers have been trying to recreate that moment, searching the movie release schedule for odd mashups and sending candidates off into the social media void. Most attempts have fizzled (sorry, “Saw Patrol” ). This weekend is perhaps the closest approximation yet as the Broadway musical adaptation “Wicked” opens Friday against the chest-thumping sword-and-sandals epic “Gladiator II.” Two big studio releases (Universal and Paramount), with one-name titles, opposite tones and aesthetics and big blockbuster energy — it was already halfway there before the name game began: “Wickiator,” “Wadiator,” “Gladwick” and even the eyebrow raising “Gladicked” have all been suggested. “'Glicked' rolls off the tongue a little bit more,” actor Fred Hechinger said at the New York screening of “Gladiator II” this week. “I think we should all band around ‘Glicked.’ It gets too confusing if you have four or five different names for it.” As with “Barbenheimer," as reductive as it might seem, “Glicked” also has the male/female divide that make the fan art extra silly. One is pink and bright and awash in sparkles, tulle, Broadway bangers and brand tie-ins; The other is all sweat and sand, blood and bulging muscles. Both films topped Fandango’s most anticipated holiday movie survey, where 65% of respondents said that they were interested in the “Glicked” double feature. Theaters big and small are also pulling out the stops with movie-themed tie-ins. B&B Theaters will have Roman guards tearing tickets at some locations and Maximus popcorn tubs. Marcus Theaters is doing Oz photo ops and friendship bracelet-making. Alamo Drafthouse is leaning into the singalong aspect (beware, though, not all theaters are embracing this) and the punny drinks like “Defying Gravi-Tea.” This image released by Universal Pictures shows Cynthia Erivo, left, and Ariana Grande in a scene from the film "Wicked." “Rather than it being in competition, I think they’re in conversation,” “Gladiator II” star Paul Mescal said. “This industry needs a shot in the arm. Those films gave it last year. We hope to do it this year.” And the hope is that audiences will flock to theaters to be part of this moment as well. It's a sorely needed influx of could-be blockbusters into a marketplace that's still at an 11% deficit from last year and down 27.2% from 2019, according to data from Comscore. “Competition is good for the marketplace. It’s good for consumers,” said Michael O'Leary, the president and CEO of the National Association of Theatre Owners. “Having two great movies coming out at the same time is simply a multiplier effect.” “Glicked” is currently tracking for a combined North American debut in the $165 million range, with “Wicked” forecast to earn around $100 million (up from the $80 million estimates a few weeks ago) and “Gladiator II” pegged for the $65 million range. “Barbenheimer” shattered its projections last July. Going into that weekend, “Barbie” had been pegged for $90 million and “Oppenheimer” around $40 million. Ultimately, they brought in a combined $244 million in that first outing, and nearly $2.4 billion by the end of their runs. It’s possible “Glicked” will exceed expectations, too. And it has the advantage of another behemoth coming close behind: “Moana 2,” which opens just five days later on the Wednesday before the Thanksgiving holiday. “Glickedana” triple feature anyone? This image released by Paramount Pictures shows Pedro Pascal, left, and Paul Mescal in a scene from "Gladiator II." “These are 10 important days,” O'Leary said. “It’s going to show the moviegoing audience that there’s a lot of compelling stuff out there for them to see.” There are infinite caveats to the imperfect comparison to “Barbenheimer,” as well. “Wicked” is a “Part One.” Musicals carry their own baggage with moviegoers, even those based on wildly successful productions (ahem, “Cats”). “Gladiator II” got a head start and opened internationally last weekend. In fact, in the U.K. it played alongside “Paddington in Peru,” where that double was pegged “Gladdington.” “Gladiator” reviews, while positive, are a little more divided than the others. And neither directors Ridley Scott nor Jon M. Chu has the built-in box office cache that Christopher Nolan’s name alone carries at the moment. The new films also cost more than “Barbie” ($145 million) and “Oppenheimer” ($100 million). According to reports, “Gladiator II” had a $250 million price tag; “Wicked” reportedly cost $150 million to produce (and that does not include the cost of the second film, due next year). The narrative, though, has shifted away from “who will win the weekend.” Earlier this year, Chu told The Associated Press that he loves that this is a moment where “we can root for all movies all the time.” Close behind are a bevy of Christmas releases with double feature potential, but those feel a little more niche. There’s the remake of “Nosferatu,” the Nicole Kidman kink pic “Babygirl” and the Bob Dylan biopic “A Complete Unknown.” The internet can’t even seem to decide on its angle for that batch of contenders, and none exactly screams blockbuster. Sometimes the joy is just in the game, however. Some are sticking with the one-name mashup (“Babyratu”); others are suggesting that the fact that two of the movies feature real-life exes (Timothée Chalamet and Lily-Rose Depp) is enough reason for a double feature. And getting people talking is half the battle. When in doubt, or lacking a catchy name, there’s always the default: “This is my Barbenheimer.” Associated Press journalist John Carucci and Film Writer Jake Coyle contributed reporting. Last summer, Malibu's iconic blonde faced off against Cillian Murphy and the hydrogen bomb in the unforgettable "Barbenheimer" double feature. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Receive the latest in local entertainment news in your inbox weekly!
When it comes to achieving perfectly cooked meals, precision is key. The is an essential tool for every kitchen enthusiast, and with a current discount of 40% on , now is the time to make this smart investment. The boasts a 2.0-inch large, auto-rotating backlit display that’s ideal for left-handed users and remarkably handy in dimly lit kitchens. This unique feature ensures that reading the thermometer is painless regardless of the angle you approach your culinary creation from. Its ergonomic design caters to both comfort and functionality. Convenience doesn’t stop there. The features motion-sensing technology that automatically wakes the thermometer when picked up and puts it to sleep when set down. This function not only extends the life of the battery (up to 3,000 hours with an included 3A battery) but also enhances user efficiency in a fast-paced cooking environment. Engineered with premium IP65 waterproof capabilities, the thermometer is both durable and easy to clean under running water. Its magnetic back provides practical storage, allowing you to station it on any metal surface. Alternatively, utilize the built-in hang hole for easy storage on hooks. One of the standout features is its ultra-fast response time. With a highly accurate reading in about 3-4 seconds and precision to ±0.9, the ensures that your meats, candies, or frying oil achieve the perfect temperature every time. This efficiency is facilitated by a 4.3-inch food-grade stainless steel probe suitable for measuring a diverse range of food temperatures. Additionally, the lock and calibration functions ensure readings are stable and accurate, even when you need to read from a distance. This feature is particularly invaluable when grilling or frying, minimizing heat exposure and maximizing safety. With a significant price cut available on , the is a timely addition to your kitchen toolkit. Don’t miss the opportunity to enhance your cooking precision and enjoyment while the offer lasts.None
As the virtual dust begins to settle and the OpenAI website gradually returns to normalcy, the reverberations of Sora's arrival continue to be felt far and wide. With its cutting-edge technology and unparalleled capabilities, OpenAI Sora has undoubtedly left an indelible mark on the world of artificial intelligence—and its impact is only just beginning to be realized.Critics of Trump's approach, on the other hand, warn that his threats to withdraw from NATO could undermine the alliance's cohesion and effectiveness. They argue that NATO is more than just a financial transaction and that the U.S. benefits from having strong alliances and partnerships with European countries for reasons beyond defense spending.
Jubilation filled the air as the Gold Dragon Index reclaimed its throne at 7000 points, a symbol of strength, resilience, and endless possibilities in the ever-evolving world of finance.SUNNYVALE, Calif., Nov. 21, 2024 (GLOBE NEWSWIRE) -- eGain (Nasdaq: EGAN), the AI Knowledge Management platform for business, announced today that its Board of Directors approved an extension to the stock repurchase program from November 14, 2024, until the earlier of (i) the date the aggregate amount of shares that can be repurchased under the stock repurchase program have been repurchased and (ii) November 14, 2025. "This extension underscores our belief that our shares are undervalued and reinforces our confidence in the significant growth potential of the AI knowledge market. With our strong balance sheet, we believe we are well-positioned to expand our market presence in knowledge management while delivering value to shareholders through our ongoing buyback program," said Ashu Roy, eGain’s CEO. As of November 15, 2024, eGain has repurchased approximately $27.6 million of shares of its common stock under its stock repurchase program, leaving approximately $12.4 million of shares of its common stock available for repurchase after the increase. Under the stock repurchase program, eGain may purchase shares of common stock on a discretionary basis from time to time through open market transactions or privately negotiated transactions at prices deemed appropriate by eGain. In addition, at the discretion of eGain, open market repurchase of common stock may also be made under a Rule 10b5-1 plan, which would permit common stock to be repurchased when eGain might otherwise be precluded from doing so under insider trading laws or self-imposed trading restrictions. The timing and number of shares repurchased will be determined based on an evaluation of market conditions and other factors, including stock price, trading volume, general business and market conditions, and capital availability. The stock repurchase program does not obligate eGain to acquire a specified number of shares and may be modified, suspended, or discontinued at any time at eGain’s discretion without notice. The stock repurchase program will be funded using existing cash or future cash flows. About eGain eGain AI Knowledge Hub helps businesses improve experience and reduce cost by delivering trusted, consumable answers. Visit www.egain.com for more info. Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including without limitation: statements regarding the timing, scope, and funding of our stock repurchase program; our belief that our shares are undervalued; our belief that we are well-positioned to expand our market presence; our focus, growth potential and market opportunity; and the expected benefits of our products. The achievement or success of the matters covered by such forward-looking statements involves risks, uncertainties, and assumptions, many of which involve factors or circumstances that are beyond our control. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, our actual results could differ materially from the results expressed or implied by the forward-looking statements we make. The risks and uncertainties referred to above include, but are not limited to: risks to our business, operating results, and financial condition; the pace of technological advancements in generative AI and the adaptability of our services to incorporate these advancements; market demand for AI-enabled solutions; risks associated with new product releases and new services and products features; risks that customer demand may fluctuate or decrease; risks that we are unable to collect unbilled contractual commitments, particularly in the current economic environment; risks that our lengthy sales cycles may negatively affect our operating results; currency risks; our ability to capitalize on customer engagement; risks related to our reliance on a relatively small number of customers for a substantial portion of our revenue; our ability to compete successfully and manage growth; our ability to develop and expand strategic and third party distribution channels; risks related to our international operations; our ability to continue to innovate; our strategy of making investments in sales to drive growth; general political or destabilizing events, including war, intensified international hostilities, conflict or acts of terrorism; the effect of legislative initiatives or proposals, statutory changes, governmental or other applicable regulations and/or changes in industry requirements, including those addressing data privacy, cyber-security and cross-border data transfers; and other risks detailed from time to time in eGain’s public filings, including eGain’s annual report on Form 10-K for the fiscal year ended June 30, 2024, quarterly report on Form 10-Q for the fiscal quarter ended September 30, 2024, and subsequent reports filed with the Securities and Exchange Commission, which are available on the Securities and Exchange Commission’s website at www.sec.gov. These forward-looking statements are based on current expectations and speak only as of the date hereof. We assume no obligation and do not intend to update these forward-looking statements, except as required by law. eGain, the eGain logo, and all other eGain product names and slogans are trademarks or registered trademarks of eGain Corporation in the United States and/or other countries. All other company names and products mentioned in this release may be trademarks or registered trademarks of the respective companies. MKR Investor Relations Todd Kehrli or Jim Byers Phone: 323-468-2300 Email: egan@mkr-group.com
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