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b pharex History has been kind to Jimmy Carter in a way the present never was during his one term as US president. His four years were dogged by economic "stagflation", which began during the term of his predecessor Richard Nixon, and America's stumbles on foreign policy. The surprise 1980 landslide loss to Ronald Reagan was deemed a referendum on Carter's leadership. Voters had daily reminders that their commander in chief was unable to free the dozens of Americans held captive in an embassy in the Iranian capital, Tehran. The enduring myth that Carter failed to act was strengthened by the fact the release of the hostages came after his departure from the White House. But when the crisis began 444 days earlier, no-one could have anticipated how long it would last, and how it would shape American politics. The fall of the Shah of Iran The seeds of the hostage crisis were planted in the chaos of Iran's Islamic Revolution. Iran and the United States had been on friendly terms while Mohammad Reza Pahlavi was the Shah of Iran — the country's royal ruler. The Shah came to the throne in Tehran during World War II and his power in the oil-rich country was shored up in the 1950s after the US and UK backed a coup to depose the country's democratically elected prime minister. Carter hosted a state dinner for the Shah and his wife at the White House in November 1977 and, in turn, the Shah entertained Carter in Tehran on New Year's Day in 1978. But over the ensuing year, the Shah faced violent unrest at home as religious leader Ayatollah Khomeini returned from exile to overthrow the autocrat. The Shah fled to Egypt on January 16, 1979, and a month later the government collapsed. In October, the Shah arrived in New York to undergo surgery, angering Khomeini and his supporters, who demanded he be returned to stand trial. Khomeini called for a "purge" of "American-loving rotten brains", and encouraged activist students to "expand their attacks" against the US and Israel, America's major ally in the Middle East. The 52 hostages On November 4, 1979, hundreds of Iranian students breached the gates of the US embassy in Tehran. They quickly occupied the compound. Some had intended a peaceful sit-in, but the situation deteriorated rapidly. The armed mob took 66 Americans hostage. Consular employee Robert C Ode, who at 65 was the oldest person taken captive, recalled in his diary that the students tied his hands behind his back so tightly with nylon cord that it cut off the circulation. I strongly protested the violation of my diplomatic immunity, but these protests were ignored. Some students attempted to talk with us, stating how they didn't hate Americans — only our US government, President Carter, etc. We were not permitted to talk to our fellow hostages and from then on our hands were tied day and night and only removed while we were eating or had to go to the bathroom. Six American diplomats were able to avoid capture and spent three months hiding in the Canadian and Swedish embassies — their rescue would later be the plot of the 2012 movie Argo . About the same time as the US embassy was occupied, the British embassy was also stormed by Iranian students, but they left after several hours. Khomeini condoned the occupation of the embassies, threatening to do "whatever is necessary" to bring the Shah back for trial and force Britain to hand over exiled prime minister Shapour Bakhtiar. Two weeks later, on Khomeini's orders, the demonstrators freed five women and eight black men. Non-American hostages were also freed. Another American hostage was released on July 11, 1980 due to illness. The remaining 52 were moved around the compound constantly, handcuffed, beaten, tortured and forced to undergo mock executions at gunpoint. Operation Eagle Claw ends in disaster Carter took significant steps to sanction Iran in the first few months of the hostage crisis. He froze Iranian assets, stopped importing oil from Iran and expelled 183 Iranian diplomats from the US. Fifty thousand Iranian students in America were also told to report to the nearest immigration office and warned they would be deported if they were found to be in violation of the terms of their visas. But the militants didn't relent, and threatened to burn the embassy and kill the hostages if the US attempted any military action against Iran. Carter's actions worked in Khomeini's favour as he sought to free Iran from America's control and use his supreme powers to roll out Islamic doctrine. At 1am on April 25, 1980, the White House revealed it had attempted a military operation to rescue the hostages, known as Operation Eagle Claw. But the operation had failed: eight US servicemen were dead and several others injured. The rescuers got nowhere near the embassy — the mission was aborted when three of the eight helicopters suffered various equipment failures. As they withdrew from the rendezvous point in the desert, one of the helicopters collided with a transport plane, killing crew on both aircraft. Their bodies were taken to the embassy in Tehran, where they were put on display during a press conference. Iran arranged for them to be returned to the US the following month. A post-White House legacy Carter took full responsibility for the failed rescue attempt. With the hostages' lives at stake, he couldn't risk another military operation in Iran, and had to walk the slow diplomatic path to secure their freedom. Stephen Loosley from the United States Studies Centre at Sydney University says news coverage of the crisis was extensive for a time when media didn't run 24/7. "Both [US news anchors] Ted Koppel and Walter Cronkite would keep a laser-like focus on the hostage crisis," Mr Loosley says. "They'd keep the number of hostages up on the screen every night, and the number of days that the hostages had been incarcerated. "Americans never really lost sight of the fact that their people were imprisoned in a very hostile environment in Tehran." On July 27, 1980, the Shah died in a Cairo military hospital. The return of his wealth to Iran became a key part of the agreement to free the hostages, known as the Algiers Accords. The accords were signed on January 19, 1981, the day before Carter was due to leave the White House. He'd lost the November 1980 election to Republican candidate Ronald Reagan, a former Hollywood actor and governor of California. The hostages were meant to be released while Carter was still president, but a delay meant they were freed in the first few hours of Reagan's administration on January 20. "The Iranians refused to give Carter the satisfaction of saying the hostages were released on his watch," Mr Loosley says. "Ronald Reagan is viewed as the president who secured the release of the hostages, because of the timing." In the next decade, Reagan would be credited with playing a major role in ending the Cold War, while Carter faded into relative obscurity Carter described the Iran hostage crisis as "the most difficult period of my life". The hostages themselves were traumatised by the ordeal and spent more than 30 years fighting for compensation, which was granted in 2015. Mr Loosley says Americans look more favourably on what Carter did after his time in the White House. The Carter Center, a not-for-profit set up by Carter and his wife Rosalynn in 1982, worked to improve human rights and health worldwide. One of its greatest achievements was the near-eradication of Guinea worm disease, caused by a water-borne parasite. The Carters also built homes with social housing organisation charity Habitat for Humanity. "He's looked upon with a fair amount of affection and respect," Mr Loosley said. "Unfortunately his presidency is seen as somewhat of a low point in in the post-war period because of the Iran hostage crisis." ABC37 Products So Elite That Basically No Copycats Will Ever Compare

Trump says he can't guarantee tariffs won't raise prices, won't rule out revenge prosecutionsPass tax reform bills into laws without delay, Afenifere, US Chapter charges NASS

Mumbai, Dec 8, 2024 The combined market valuation of six of the top-10 most valued firms surged Rs 2.03 lakh crore last week as the Indian stock market ended with gains. In the trading session from December 2 to December 6, Nifty closed at 24,677 with a gain of 2.27 per cent or 546 points and Sensex closed at 81,709 with a gain of 2.39 per cent or 1,906 points. This was the third consecutive week when the stock market closed in the green. Among the top 10, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Infosys, Reliance Industries, and State Bank of India (SBI) were gainers, while Bharti Airtel, Life Insurance Corporation of India (LIC), ITC, and Hindustan Unilever were laggards. The market capitalisation of TCS surged by Rs 62,574 crore to Rs 16,08,782 crore. The market valuation of HDFC Bank jumped Rs 45,338 crore to Rs 14,19,270 crore. Infosys added Rs 26,885 crore taking its market cap to Rs 7,98,560 crore and the market capitalisation of Reliance Industries surged by Rs 26,185 crore to Rs 17,75,176 crore. The market capitalisation of SBI soared by Rs 22,311 crore to Rs 7,71,087 crore. ICICI Bank added Rs 19,821 crore to its market capitalisation to Rs 9,37,545 crore. On the other hand, the market capitalisation of Bharti Airtel declined by Rs 16,720 crore to Rs 9,10,005 crore. The market valuation of ITC went lower by Rs 7,256 crore to Rs 5,89,572 crore and the market capitalisation of Hindustan Unilever declined by Rs 2,843.01 crore to Rs 5,83,673.71 crore. LIC’s market cap declined by Rs 1,265 crore to Rs 6,21,937.02 crore. On Friday, the stock market ended with a marginal loss. Sensex and Nifty declined by 56 points and 30 points, respectively.(Agency)

Judge hears closing arguments on whether Google's advertising tech constitutes a monopoly

Gretchen McKay | (TNS) Pittsburgh Post-Gazette Beans are kind of like the your best friend from high school — nearly forgotten but always ready to step back into the limelight and help out an old pal when needed. As gorgeously (and tantalizingly) demonstrated in Rancho Gordo’s new cookbook, “The Bean Book: 100 Recipes for Cooking with All Kinds of Beans” (Ten Speed, $35), beans are indeed a magical fruit, though not in the way you heard as a kid. Classified as both a vegetable and a plant-based protein in the USDA’s Dietary Guidelines for Americans, beans and other legumes can be the ingredient you build an entire vegetarian or veggie-forward meal around. Or, they can help an economical cook stretch a dish twice as far with nutritious calories. A healthful and shelf-staple plant food — they last for years when dried — beans have been among a home cook’s most reliable pantry items for a very long time. (Common beans (Phaseolus vulgaris) are thought to have been grown in Mexico more than 7,000 years ago.) That’s why, for some, they’re often something of an afterthought, especially if the only time you ate them as a kid was when your mom tossed kidney beans into a pot of beef chili or made baked beans (with brown sugar and bacon, please!) for a family cookout. Related Articles Restaurants, Food and Drink | Do not wash your turkey and other Thanksgiving tips to keep your food safe Restaurants, Food and Drink | Frying a turkey this Thanksgiving? Here are some tips to stay safe Restaurants, Food and Drink | 5 budget-friendly Thanksgiving dinner ideas Restaurants, Food and Drink | The future of Thanksgiving is takeout and hosts couldn’t be happier Restaurants, Food and Drink | A starry Thanksgiving: Recipes beloved by Donna Kelce, Eric Stonestreet, Taylor Swift Vegetarians have always appreciated their versatility and nutritional punch, and because they’re cheap, they also were quite popular during the Great Depression and World War II as C rations. Sales also peaked during the coronavirus pandemic, when shoppers stockpiled long-lasting pantry essentials. It wasn’t until Rancho Gordo, a California-based bean company, trotted out its branded packages of colorful heirloom beans that the plant began to take on cult status among some shoppers. Unlike the bean varieties commonly found in even the smallest grocery stores, heirloom beans are mostly forgotten varieties that were developed on a small scale for certain characteristics, with seeds from the best crops passed down through the generations. The result is beans that are fresher and more colorful than mass-produced beans, and come in different shapes and sizes. They also have a more complex and intense flavor, fans say. “The Bean Book” dishes up dozens of different ways to cook Rancho Gordo’s 50 heirloom bean varieties, which include red-streaked cranberry beans, mint-green flageolets, black and classic garbanzos and (my favorite) vaquero — which wear the same black-and-white spots as a Holstein cow. Other gotta-try varieties (if just for the name) include eye of the goat, European Soldier, Jacob’s Cattle and Good Mother Stallard, a purple bean with cream-colored flecks. “The very good news is that you have to work extra hard to mess up a pot of beans, and it’s not difficult to make an excellent pot,” Steve Sando writes in the book’s foreword. “The even better news is that you become a better cook with each pot you make.” Not convinced? Here are five reasons to jump on the bean bandwagon: Even the smallest grocery store will have a selection of dried and canned beans. Common varieties include black, cannellini (white kidney), Great Northern, pinto, navy, kidney, Lima and garbanzo (chickpea) beans. Even when they’re not on sale, beans are a bargain at the supermarket. Many varieties cost less than $1 a can, and dried beans are an economical way to build a menu. I paid $1.25 for a one-pound bag of cranberry beans, a smooth and velvety bean with a slightly nutty flavor, at my local grocery store. Rancho Gordo’s heirloom beans cost substantially more. (They run $6.25-$7.50 for a one-pound bag, with free shipping on orders over $50.) But they are sold within a year of harvest, which makes them more flavorful and tender. A bag also comes with cooking instructions and recipe suggestions, and the quality is outstanding. Plus, after cooking their beans with aromatics, “you are left with essentially free soup,” Sando writes in the cookbook. “If you drain properly cooked and seasoned beans, the liquid you are left with is delicious.” Beans are a great source of plant-based protein and both soluble and insoluble fiber, and they include essential minerals like iron, magnesium and potassium. If you’re watching your weight or following a particular diet, beans are naturally free of fat, sodium and cholesterol and are rich in complex carbohydrates. They also contain antioxidants and folate. And if you’re vegan or vegetarian, most types of dry beans are rich sources of iron. The U.S. Dietary Guidelines for Americans recommends eating 1-3 cups of legumes, including beans, per week Dry beans have to be soaked overnight, but cooking them is easy. They can be cooked on the stovetop, in a slow cooker, in the pressure cooker and in the oven. Canned beans are even easier — just rinse and drain, and they’re ready to go. Beans can be used in so many different dishes. They can be made into soup, salad or dips, top nachos, add some heft to a casserole or be mashed into the makings of a veggie burger. You also can add them to brownies and other baked goods, toss them with pasta, add them to chili or a rice bowl or stuff them into a taco or burrito. Check out these four recipes: PG tested This light and creamy vegetarian soup benefits from a surprising garnish, roasted shiitake mushrooms, which taste exactly like bacon. For soup 1/4 cup olive oil 1 medium yellow onion, chopped 2 celery stalks, chopped 1 medium carrot, scrubbed and chopped 6 garlic cloves, finely grated or pressed 2 sprigs fresh thyme, plus more for garnish 1/2 teaspoon sea salt 1/4 teaspoon pepper 4 cups vegetable broth 2 15-ounce cans cannellini beans, drained and rinsed For bacon 8 ounces shiitake mushrooms, caps cut into 1/8 -inch slices 2 tablespoons olive oil 1/4 teaspoons fine sea salt To finish Plant-based milk Chili oil, for drizzling Preheat oven to 400 degrees. Make soup: In large pot, heat oil over medium heat until it shimmers. Add onion, celery, carrot, garlic, thyme, salt and pepper. Cook, stirring occasionally, until vegetables are fragrant and tender, 8-10 minutes. Add vegetable stock and beans, increase heat to high and bring mixture to a boil. Reduce heat to medium and simmer until thickened, 12-14 minutes. Meanwhile, make the bacon: Spread shiitake mushrooms into a single layer on a sheet pan, drizzle with olive oil, sprinkle with salt and pepper and toss to combine. Bake until browned and crispy, 18-20 minutes, rotating pan front to back and tossing mushrooms with a spatula halfway through. Let cool in pan; mushrooms will continue to crisp as they cool. To finish, add some milk to the soup and use an immersion blender to puree it in the pot, or puree in a blender. (Cover lid with a clean kitchen towel.) Taste and season with more salt and pepper if needed. Divide soup among bowls and top with shiitake bacon. Garnish with thyme sprigs and a drizzle of chili oil. Serves 4-6. — “Mastering the Art of Plant-Based Cooking” by Joe Yonan PG tested Velvety cranberry beans simmered with tomato and the punch of red wine vinegar are a perfect match for a soft bed of cheesy polenta. This is a filling, stick-to-your-ribs dish perfect for fall. 1/4 cup olive oil 1 small onion, finely chopped 2 garlic cloves, minced 2 cups canned chopped tomatoes, juice reserved 1 tablespoon red wine vinegar 2 tablespoons tomato paste 1 cup chicken or vegetable broth 4 fresh sage leaves Salt and pepper 4 cups cooked Lamon or cranberry beans 2 cups uncooked polenta 6 ounces pancetta, diced Chopped fresh basil or parsley, for garnish Grated Parmesan cheese, for serving In large pan, heat olive oil over medium heat. Add onion and garlic and cook, stirring, until onion begins to soften, about 3 minutes. Stir in tomatoes and red wine vinegar. In a small bowl, dissolve tomato paste in the broth and add to pan. Stir in sage and season with salt and pepper. Simmer, stirring occasionally, until the sauce has thickened, 15-20 minutes. Add beans to tomato sauce. Cook, stirring frequently, until heated through, about 15 minutes. Meanwhile, prepare polenta according to package instructions. Place pancetta in a small saucepan over low heat. Cook, stirring frequently, until the pancetta is brown and crisp, about 15 minutes. Use a slotted spoon to transfer pancetta to a paper towel to drain. To serve, spoon polenta into serving dishes. Ladle the beans over the polenta and top with the pancetta. Garnish with fresh basil and serve with grated Parmesan. Serves 6. — “The Bean Book: 100 Recipes for Cooking with All Kinds of Beans” by Steve Sando PG tested Beans and seafood might seen like an unusual pairing, but in this recipe, mild white beans take on a lot of flavor from clams. Spanish chorizo adds a nice contrast. 4 cups cooked white beans, bean broth reserved 1/4 cup extra-virgin olive oil 1/2 white onion, chopped 2 garlic cloves, chopped 1 teaspoon salt, or to taste 1/2 cup finely chopped Spanish-style cured chorizo 2 plum tomatoes, chopped 1/2 cup dry white wine 2 pounds small clams, scrubbed well Chopped fresh parsley, for garnish Country-style bread and butter, for serving In large pot, heat beans in their broth over medium-low heat. In large lidded saucepan, warm olive oil over medium-low heat. Add onion, garlic and salt and cook until soft, about 5 minutes. Add chorizo and cook gently until some of the fat has rendered, about 5 minutes. Add tomatoes and wine and cook to allow the flavors to mingle, 5-6 minutes. Increase heat to medium and add clams. Cover and cook for about 5 minutes, shaking the pan occasionally. Uncover the pan and cook until all of the clams open, another few minutes. Remove pan from heat, then remove and discard any clams that failed to open. Add clam mixture to the bean pot and stir very gently until well mixed. Simmer for a few minutes to allow the flavors to mingle but not get mushy. Ladle into large, shallow bowls and sprinkle with parsley. Set out a large bowl for discarded shells and encourage guests to eat with their fingers. Pass plenty of good bread and creamy butter at the table Serves 4-6. — “The Bean Book: 100 Recipes for Cooking with All Kinds of Beans, from the Rancho Gordo Kitchen” by Steve Sando with Julia Newberry PG tested So easy to pull together for your next party! 1 1/2 cups cooked cannellini beans, drained and rinsed 2 tablespoons extra-virgin olive oil Juice and zest of 1 lemon 1 small garlic clove, minced Generous pinch of salt Freshly ground black pepper 2 or 3 tablespoons water, if needed 2 fresh basil leaves, chopped, optional 1 sprig fresh rosemary, leaves chopped, optional In a food processor, pulse cannellini beans, olive oil, lemon juice and zest, garlic, salt and several grinds of pepper until combined. If it’s too thick, slowly add the water with the food processor running until it is smooth and creamy. Blend in the basil and/or rosemary, if using Serve with veggies, pita or bruschetta. Makes 1 1/2 cups — Gretchen McKay, Post-Gazette ©2024 PG Publishing Co. Visit at post-gazette.com. Distributed by Tribune Content Agency, LLC.Merchants Bancorp Closes Depositary Share Offering

5 things to do in the garden this week: Fruit trees. Although all parts of the pomegranate are medicinal, extract from pomegranate peel is 10 times as rich in beneficial biochemicals as the rest of the fruit. Some advocate making a pomegranate peel powder for tea. It should be noted that the peel is the most nutritional part of any fruit. One tablespoon of shredded citrus peel, known in the culinary world as zest, contains four times the dietary fiber and three times the quantity of Vitamin C as one tablespoon of citrus pulp. Even the fleshy outer covering or jacket of almonds is highly nutritious. With avocadoes, where the peel is not eaten, the outside pulp that touches the peel is more nutritious than the inside pulp Vegetables. Beets grow with ease when planted now and are ready to harvest 60 days or less after planting. Beets originated in the Mediterranean where they were grown for their nutritious leaves more than 2,000 years ago. For centuries, their roots were used for medicinal purposes alone. It was only in the 1500s when a large bulbous root developed on a beet grown in Germany that this part of the plant was first consumed for its gustatory appeal. (For this reason, beets are sometimes referred to as “beetroots” to distinguish them from beets that are still grown for their foliage.) Beet seeds are unusual among vegetables since, like its close relative, Swiss chard, seeds are actually formed in multi-germ capsules or clusters. Thus, when you plant beets or chard, you are dealing with clusters from which 2-6 seeds sprout. Thin the sprouts so the most robust of them remains, although some gardeners allow two or three sprouts to develop and thin them when small beets have developed for a final thinning. Herbs . Rue (Ruta graveolens) is a highly attractive evergreen subshrub with delicately lobed blue-green foliage and yellow flowers that grow two feet tall. It may be used as a stand-alone member of your herb garden or trained into a low hedge. It is a strewing herb, meaning it was strewn on the floor of dwellings in the Middle Ages. Due to its strong malodorous scent, strewing it could repel insect pests, especially fleas that carried the Black Plague. It was also thought to have divine power as both Leonardo da Vinci and Michelangelo said they were heavenly inspired upon imbibing an infusion made from its leaves. You should be able to find rue in the herb section of any well-stocked nursery or garden center. Flowering woody perennials. Winter cassia, or Christmas bush (Cassia/Senna bicapsularis), is an anomaly as it blooms when all other shrubs and trees have stopped flowering. The display of butter-yellow, butterfly-shaped flowers is seen from November through the first of the year. Each leaf consists of a series of small oval leaflets set opposite each other. This is an airy specimen that you will never need to prune and, grown in half-day sun, won’t need to water either. I obtained mine years ago and it is one of the most gratifying plants in my garden. You can find it online readily enough. Plants and seeds are available from vendors on Etsy.com. Ornamentals. Winter is the season for geranium appreciation, although what we commonly refer to as geraniums are mostly pelargoniums. The most commonly seen geraniums are known as zonals (Pelargonium x hortorum). They are upright plants with lobed leaves – sometimes colorfully patterned – and always with a distinctive odor on account of which they are sometimes referred to as fish geraniums. Ivy geraniums (Pelargonium peltatum) are easily identified due to their trailing growth habit. Martha Washingtons (Pelargonium x domesticum) have flowers in many fetching colors, including salmon, creamy pink, and lavender-purple, along with sharply toothed leaf margins. And then we come to scented geraniums (Pelargonium spp.), of which there are probably a hundred different kinds or more. Their flowers in pale pink or white are an afterthought to the plethora of scents – peppermint, lemon, chocolate, nutmeg, apple, ginger, apricot, attar of roses, and cinnamon, among others – that their leaves transmit upon being rubbed or crushed. The chemical compounds that create these scents also impart a significant measure of drought tolerance. All pelargoniums are easily propagated from four to six-inch shoot tip cuttingsThe thing about emergency situations is that you never know when and where one is going to strike. This is why it's important to have various tools and utilities on standby just in case. Even if you're caught off guard by a sudden development, if you've got the right gear ready for action, you won't be left floundering. While you can get all kinds of good emergency equipment from your local Home Depot, if you're looking to stay in a single ecosystem of products, you may benefit from browsing the Milwaukee brand's line of Packout tools and kits. The Packout line is intended primarily for jobsite and workshop convenience, utilizing lids and bases that clip together in a sturdy stack. However, whether you're on the job or at home, resilient, multifunctional equipment is definitely useful when an emergency strikes. Here we've listed five Milwaukee Packout tools and kits that will be of use in an emergency. More information on how we selected the products can be found in our methodology at the bottom of this page. A very common type of emergency situation is a sudden power outage, whether due to grid problems or bad weather. If you don't have power, then the food in your refrigerator is officially on a time limit, to say nothing of more important things like perishable medicine. Whether you need a cool place to store snacks or medicine for a while, the Packout Cooler Bag has it handled. The Packout Cooler Bag is made up of 1680D tear-resistant ballistic fabric, ensuring it'll stand up to whatever punishment you subject it to while protecting its contents. The internal food-grade leak-proof liner can hold ice for up to 24 hours, which means you can stash temperature sensitive snacks and medicine for just as long. The bag has a sturdy shoulder strap, and is light enough to easily carry around if you need to travel somewhere on foot. However, its molded, impact-resistant base also allows it to clip securely onto a Packout stack. This can be handy if you're in the car and need to make sure the contents of the bag stay level. The Milwaukee Packout Cooler Bag is available at Home Depot for $74.97. This bag comes recommended by Brian of WorkshopAddict , who makes extensive use of it both in a professional and personal capacity. Another common emergency situation is a sudden injury, so it's very important that at least one person in each family has first aid training so they can get a handle on all kinds of injuries and ailments until more complete treatment. A vital component of the first aid process is a stocked toolbox of bandages, ointments, braces, and more. If you want such a medical toolbox, the Packout Type 3 First Aid Kit is a quality choice. This Class B first aid kit is stuffed with supplies for all kinds of medical emergencies, and in large quantities. The total item count adds up to 193, including bandages, antibiotic ointment, antiseptic wipes, cold packs, tourniquets, and much more. All of this is packed up into an IP65 waterproof-rated impact-resistant shell, guaranteed to withstand sudden drops and prevent any liquid ingress from rain or puddles. The kit is sealed by a locking clear lid, allowing you to easily see what's in each compartment, while the base can lock onto any Packout stack. The Milwaukee Packout Type 3 First Aid Kit is available at Home Depot for $144.97. Scott Wadsworth of YouTube channel Essential Craftsman recommends this first aid kit, not just for its resilience, but for the vital addition of the included usage instructions. He notes that even if you eventually exhaust the medical contents of the kit, the box itself would still be exceptionally useful to have around. It's bad enough to have an emergency strike during the day when you can see what's going on, but it's even worse if it happens at night. If there's a nighttime power outage and you can't see anything, you're going to need some resilient, reliable lighting, and in a hurry. While you should have some battery-powered lighting available at all times, like a flashlight, it definitely wouldn't hurt to have the M18 Packout LED Light as a supplemental option. This big block of illuminating power features three independent rotating light heads, providing a cumulative 3,000 lumens of TrueView high definition lighting output. Whether you clip it to a Packout stack or just leave it on a bench, it'll sit properly and proudly. With the help of one of Milwaukee's M18 REDLITHIUM battery packs, you can get up to 31 continuous hours of operation out of this light. As an added bonus, it has a compartment for storing small objects, as well as a 2.1 amp USB plug for charging small electronics. The Milwaukee M18 Packout LED Light is available at Home Depot for $199.00. Stan Durlacher of Tool Box Buzz gave this light a 4 out of 5 star rating in his review, praising how easy the device is to transport and the quality of the TrueView lighting. In emergencies like storms , it's very important that you have a way to receive vital news updates like weather forecasts and travel advisories. Unfortunately, if there's a power or internet outage, you won't be able to get those updates from a TV, computer, or smartphone. Luckily, we still have the classic option: good old fashioned radio. If you're looking to stay tuned in, the M18 Packout Radio/Speaker can deliver. This surprisingly beefy speaker setup is just what you need to receive the news of the world in the absence of other options. Its built-in AM/FM tuner can receive most standard radio signals, either tuning manually or with 18 station presets, while its ten-speaker setup ensures you'll hear the news in full 360-degree clarity. It's also equipped with Bluetooth 4.2 functionality, allowing you to wirelessly connect another device for audio up to 100 feet away. The rubber overmold of the Packout connectors protects the delicate components while allowing you to hook it onto a stack or holding base. For added convenience, there's a weatherproof storage compartment, plus an integrated USB charger, as well as an AC cord for recharging the attached M18 battery pack. The Milwaukee M18 Packout Radio/Speaker is available at Home Depot for $299.00. Clint DeBoer of Pro Tool Reviews scored this device a 9 out of 10, praising its impressive output volume and quality, as well as the built-in charging features. Whether it's for the gadgets we've mentioned here or other helpful Milwaukee tools, it's important that you have a stack of charged batteries ready for action in case an emergency suddenly manifests. After all, if you don't have any batteries, your Packout radio and light won't be able to do much. If you're specifically planning on using your Milwaukee batteries for emergency purposes, it'd be wise to keep them all in one place, such as on the Packout M18 6-Port Rapid Charger. This Packout stack-topping charging cradle has enough space to comfortably fit up to six Milwaukee M18 battery packs. The packs are charged two at a time at a base charging speed 40% quicker than Milwaukee's standalone chargers, with the device keeping each pack firmly latched in place. The integrated handle means you can easily tote the whole thing around if you're on the move, then unfurl the AC cord when you're in a safe place to charge the packs up again. There's also a pair of small caddies on the sides, perfect for holding smartphones while they charge up from the built-in USB-A charging port. The Milwaukee Packout M18 6-Port Rapid Charger is available at Home Depot for $249.00. Returning to Brian of WorkshopAddict , he calls it an excellent choice for those who already have a Packout stack and want to charge large quantities of batteries quickly. Just as it's important to have a variety of tools and implements in an emergency situation, it's also vital to know that your tools are of a high quality. This is why, for our recommendations, we stuck to products with recommendations from either accredited hardware publications or hardware-focused YouTube channels with at least 200,000 subscribers.

MIAMI, Nov. 25, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. PFLT (the "Company") announced today financial results for the fourth quarter and fiscal year ended September 30, 2024. HIGHLIGHTS Year ended September 30, 2024 ($ in millions, except per share amounts) Assets and Liabilities: Investment portfolio (1) $ 1,983.5 Net assets $ 877.3 GAAP net asset value per share $ 11.31 Quarterly decrease in GAAP net asset value per share (0.3 )% Adjusted net asset value per share (2) $ 11.31 Quarterly decrease in adjusted net asset value per share (2) (0.3 )% Credit Facility $ 443.9 2036 Asset-Backed Debt $ 284.1 2036-R Asset Backed Debt $ 265.2 2026 Notes $ 183.8 Regulatory Debt to Equity 1.35x Weighted average yield on debt investments at quarter-end 11.5 % Quarter Ended Year Ended September 30, 2024 September 30, 2024 Operating Results: Net investment income $ 18.0 $ 77.7 Net investment income per share (GAAP) $ 0.24 $ 1.18 Core net investment income per share (3) $ 0.32 $ 1.27 Distributions declared per share $ 0.31 $ 1.23 Portfolio Activity: Purchases of investments $ 445.8 $ 1,407.5 Sales and repayments of investments $ 127.9 $ 514.1 PSSL Portfolio data: PSSL investment portfolio $ 913.3 $ 913.3 Purchases of investments $ 45.8 $ 286.2 Sales and repayments of investments $ 35.9 $ 160.1 Includes investments in PennantPark Senior Secured Loan Fund I LLC, or PSSL, an unconsolidated joint venture, totaling $294.2 million, at fair value. This is a non-GAAP financial measure. The Company believes that this number provides useful information to investors and management because it reflects the Company's financial performance including the impact of the unrealized amounts on the Credit Facility. The presentation of this additional information is not meant to be considered in isolation or as a substitute for financial results prepared in accordance with GAAP. Core net investment income ("Core NII") is a non-GAAP financial measure. The Company believes that Core NII provides useful information to investors and management because it reflects the Company's financial performance excluding one-time or non-recurring investment income and expenses. The presentation of this additional information is not meant to be considered in isolation or as a substitute for financial results prepared in accordance with GAAP. For the quarter ended September 30, 2024, Core NII excluded: i) $8.6m of debt amendment and issuance costs, and included ii) $2.8m of incentive fee expense. CONFERENCE CALL AT 9:00 A.M. ET ON NOVEMBER 26, 2024 The Company will also host a conference call at 9:00 a.m. (Eastern Time) on Tuesday, November 26, 2024 to discuss its financial results. All interested parties are welcome to participate. You can access the conference call by dialing toll-free (888) 394-8218 approximately 5-10 minutes prior to the call. International callers should dial (646) 828-8193. All callers should reference conference ID #3226260 or PennantPark Floating Rate Capital Ltd. An archived replay will also be available on a webcast link located on the Quarterly Earnings page in the Investor section of PennantPark's website. PORTFOLIO AND INVESTMENT ACTIVITY "We are pleased to have another quarter of solid performance" said Art Penn, Chairman and CEO. "We believe we are continuing to invest in a strong vintage of new loans in the core middle market with low leverage, meaningful covenants, and attractive spreads ." As of September 30, 2024, our portfolio totaled $1,983.5 million and consisted of $1,746.7 million of first lien secured debt (including $237.7 million in PSSL), $2.7 million of second lien secured debt and subordinated debt and $234.1 million of preferred and common equity (including $56.5 million in PSSL). Our debt portfolio consisted of approximately 100% variable-rate investments. As of September 30, 2024, we had two portfolio companies on non-accrual, representing 0.4% and 0.2% of our overall portfolio on a cost and fair value basis, respectively. Overall, the portfolio had a net unrealized depreciation of $11.4 million. Our overall portfolio consisted of 158 companies with an average investment size of $12.6 million, and a weighted average yield on debt investments of 11.5%, and was invested 88% in first lien secured debt (including 12% in PSSL), less than 1% in second lien secured debt and subordinated debt and 12% in preferred and common equity (including 3% in PSSL). As of September 30, 2024, over 99% of the investments held by PSSL were first lien secured debt. As of September 30, 2023, our portfolio totaled $1,067.2 million and consisted of $906.2 million of first lien secured debt (including $210.1 million in PSSL), $0.1 million of second lien secured debt and $160.9 million of preferred and common equity (including $50.9 million in PSSL). Our debt portfolio consisted of approximately 100% variable-rate investments. As of September 30, 2023, we had three portfolio companies on non-accrual, representing 0.9% and 0.2% percent of our overall portfolio on a cost and fair value basis, respectively. Overall, the portfolio had net unrealized depreciation of $25.7 million. Our overall portfolio consisted of 131 companies with an average investment size of $8.1 million, had a weighted average yield on debt investments of 12.6%, and was invested 85% in first lien secured debt (including 20% in PSSL), less than 1% in second lien secured debt and 15% in preferred and common equity (including 5% in PSSL). As of September 30, 2023, 99% of the investments held by PSSL were first lien secured debt. For the three months ended September 30, 2024, we invested $445.8 million in ten new and 50 existing portfolio companies with a weighted average yield on debt investments of 11.0%. Sale and repayments of investments for the same period totaled $127.9 million. This compares to the three months ended September 30, 2023, in which we invested $93.5 million in three new and 31 existing portfolio companies with a weighted average yield on debt investment of 12.1%. Sales and repayments of investments for the same period totaled $141.0 million. For the year ended September 30, 2024, we invested $1,407.5 million in 43 new and 91 existing portfolio companies with a weighted average yield on debt investments of 11.4%. Sales and repayments of investments for the same period totaled $514.1 million. For the year ended September 30, 2023, we invested $324.5 million in 16 new and 71 existing portfolio companies with a weighted average yield on debt investments of 12.1%. Sales and repayments of investments for the same period totaled $399.1 million. PennantPark Senior Secured Loan Fund I LLC As of September 30, 2024, PSSL's portfolio totaled $913.3 million, consisted of 109 companies with an average investment size of $8.4 million and had a weighted average yield on debt investments of 11.4%. As of September 30, 2023, PSSL's portfolio totaled $785.9 million, consisted of 105 companies with an average investment size of $7.5 million and had a weighted average yield on debt investments of 12.1%. For the three months ended September 30, 2024, PSSL invested $45.8 million in five new and 26 existing portfolio companies with a weighted average yield on debt investments of 11.3%. PSSL's sales and repayments for the same period totaled $35.9 million. For the three months ended September 30, 2023, PSSL invested $52.5 million in five new and eight existing portfolio companies with a weighted average yield on debt investments of 12.0% PSSL's sales and repayments for the same period totaled $76.4 million. For the year ended September 30, 2024, PSSL invested $286.2 million (of which $253.6 million was purchased from the Company) in 24 new and 36 existing portfolio companies with a weighted average yield on debt investments of 11.7%. PSSL's sales and repayments of investments for the same period totaled $160.1 million. For the year ended September 30, 2023, PSSL invested $190.9 million (of which $158.2 million was purchased from the Company) in 22 new and 27 existing portfolio companies with a weighted average yield on debt investments of 11.8%. PSSL's sales and repayments of investments for the same period totaled $155.2 million. RESULTS OF OPERATIONS Set forth below are the results of operations for the three months and year ended September 30, 2024 and 2023. Investment Income Investment income for the three months and year ended September 30, 2024, was $55.5 million and $186.4 million and was attributable to $49.2 million and $164.3 million from first lien secured debt and $6.3 million and $22.1 million from other investments. The increase in investment income compared to the same periods in the prior year was primarily due to an increase in the size of the debt portfolio. Investment income for the three months and year ended September 30, 2023 was $35.7 million and $139.3 million respectively, and was attributable to $31.4 million and $120.0 million from first lien secured debt, zero and $4.3 million and $19.3 million from other investments. Expenses Expenses for the three months and year ended September 30, 2024, totaled $37.5 million and $108.6 million. Base management fee for the same period totaled $4.6 million and $14.9 million, incentive fee totaled $3.2 million and $18.1 million, debt related interest and expenses totaled $27.8 million and $67.9 million, general and administrative expenses totaled $1.7 million and $6.7 million and provision for taxes totaled $0.2 million and $1.1 million, respectively. The increase in expenses compared to the prior year was primarily due to an increase in debt related interest and expenses and incentive fees. Expenses for the three months and year ended September 30, 2023 totaled $17.2 million and $71.8 million. Base management fee for the same period totaled $2.8 million and $11.4 million, incentive fee totaled $4.6 million and $16.9 million, debt related interest and expenses totaled $8.6 million and $38.2 million, general and administrative expenses totaled $1.1 million and $4.4 million and provision for taxes totaled $0.2 million and $1.0 million, respectively. Net Investment Income Net investment income for the three months and year ended September 30, 2024 totaled $18.0 million and $77.7 million, or $0.24 and $1.18 per share. Net investment income for the three months and year ended September 30, 2023, totaled $18.5 million and $67.5 million, or $0.32 and $1.33 per share, respectively. The increase in net investment income compared to the prior year was primarily due to an increase in the size of our debt portfolio. Net Realized Gains or Losses Net realized gain (losses) for the three months and year ended September 30, 2024 totaled $(0.3) million and $0.2 million. Net realized gain (losses) for the three months and year ended September 30, 2023 totaled $(2.3) million and ($15.9) million, respectively. The change in realized gains (losses) was primarily due to changes in market conditions of our investments and the values at which they were realized, caused by fluctuations in the market and in the economy. Unrealized Appreciation or Depreciation on Investments, the Credit Facility and the 2023 Notes For the three months and year ended September 30, 2024, we reported net change in unrealized appreciation (depreciation) on investments of $4.3 million and $14.3 million, respectively. For the three months and year ended September 30, 2023, net change in unrealized appreciation (depreciation) on investments was $9.5 million and $(12.6) million, respectively. As of September 30, 2024 and 2023, our net unrealized appreciation (depreciation) on investments totaled $(11.4) million and $(25.7) million, respectively. The net change in unrealized appreciation/depreciation on our investments for the year ended September 30, 2024 compared to the prior year was primarily due to changes in the capital market conditions of our investments and the values at which they were realized, caused by the fluctuations in the market and in the economy. For the three months and year ended September 30, 2024, our Credit Facility and 2023 Notes had a net change in unrealized (appreciation) depreciation totaled zero, respectively. For the three months and year ended September 30, 2023, the Credit Facility or our Prior Credit Facility, as applicable, and 2023 Notes had a net change in unrealized (appreciation) depreciation of $2.6 million and $(2.3) million, respectively. The net change in unrealized appreciation or depreciation compared to the same periods in the prior year was primarily due to changes in the capital markets. Net Change in Net Assets Resulting from Operations For the three months and year ended September 30, 2024, net change in net assets resulting from operations totaled $21.3 million and $91.8 million, or $0.29 and $1.40 per share, respectively. For the three months and year ended September 30, 2023, net change in net assets resulting from operations totaled $28.0 million and $39.3 million, or $0.48 and $0.77 per share, respectively. The increase in net assets from operations for the year ended September 30, 2024 compared to the prior year was primarily due to less depreciation of the portfolio primarily driven by changes in market conditions of our investments along with the change in size and cost yield of our debt portfolio and costs of financing. LIQUIDITY AND CAPITAL RESOURCES Our liquidity and capital resources are derived primarily from proceeds of securities offerings, debt capital and cash flows from operations, including investment sales and repayments, and income earned. Our primary use of funds from operations includes investments in portfolio companies and payments of fees and other operating expenses we incur. We have used, and expect to continue to use, our debt capital, proceeds from the rotation of our portfolio and proceeds from public and private offerings of securities to finance our investment objectives. The annualized weighted average cost of debt for the years ended September 30, 2024 and 2023, inclusive of the fee on the undrawn commitment on the Credit Facility or Prior Credit Facility, as applicable, amendment costs and debt issuance costs, was 8.5% and 6.2%, respectively. As of September 30, 2024 and 2023, we had $192.1 million and $376.6 million of unused borrowing capacity under the Credit Facility, subject to leverage and borrowing base restrictions. Funding I's multi-currency Credit Facility with the Lenders upsized during the year increasing the facility to $636.0 million as of September 30, 2024, subject to satisfaction of certain conditions and regulatory restrictions that the 1940 Act imposes on us as a BDC, has an interest rate spread above SOFR (or an alternative risk-free floating interest rate index) of 225 basis points, a maturity date of August 2029 and a revolving period that ends in August 2027. As of September 30, 2024 and 2023, Funding I had $443.9 million and $9.4 million of outstanding borrowings under the Credit Facility or the Prior Credit Facility, as applicable, respectively. The Credit Facility had a weighted average interest rate of 7.5% and 7.7%, exclusive of the fee on undrawn commitments, as of September 30, 2024 and 2023, respectively. As of September 30, 2024 and 2023, we had cash equivalents of $112.1 million and $100.6 million, respectively, available for investing and general corporate purposes. We believe our liquidity and capital resources are sufficient to allow us to take advantage of market opportunities. Our operating activities used cash of $801.4 million for the year ended September 30, 2024, and our financing activities provided cash of $812.9 million for the same period. Our operating activities used cash primarily for our investment activities and our financing activities provided cash primarily from proceeds from the ATM program, borrowing under the Credit Facility and issuances of asset-backed debt. Our operating activities provided cash of $140.6 million for the year ended September 30, 2023, and our financing activities used cash of $91.5 million for the same period. Our operating activities provided cash primarily from our investment activities and our financing activities used cash primarily from paying down the Credit Facility and paying distributions to stockholders offset by offering proceeds. DISTRIBUTIONS During the three months and year ended September 30, 2024, we declared distributions of $0.31 and $1.23 per share for total distributions of $22.7 million and $80.6 million , respectively. During the three months and year ended September 30, 2023, we declared distributions of $0.31 and $1.19 per share for total distributions of $18.1 million and $60.5 million, respectively. We monitor available net investment income to determine if a return of capital for tax purposes may occur for the fiscal year. To the extent our taxable earnings fall below the total amount of our distributions for any given fiscal year, stockholders will be notified of the portion of those distributions deemed to be a tax return of capital. Tax characteristics of all distributions will be reported to stockholders subject to information reporting on Form 1099-DIV after the end of each calendar year and in our periodic reports filed with the SEC. RECENT DEVELOPMENTS Subsequent to the quarter end, we remained active and invested over $330 million in new and existing investments. AVAILABLE INFORMATION The Company makes available on its website its Annual Report on Form 10-K filed with the SEC, and stockholders may find such report on its website at www.pennantpark.com . PENNANTPARK FLOATING RATE CAPITAL LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES (in thousands, except per share data) September 30, 2024 September 30, 2023 Assets Investments at fair value Non-controlled, non-affiliated investments (cost—$1,622,669 and $768,240, respectively) $ 1,632,269 $ 772,178 Controlled, affiliated investments (cost— $372,271 and $324,639, respectively) 351,235 294,996 Total of investments (cost—$1,994,940 and $1,092,878, respectively) 1,983,504 1,067,174 Cash and cash equivalents (cost—$112,046 and $100,555, respectively) 112,050 100,555 Interest receivable 12,167 10,423 Distributions receivable 635 565 Due from affiliate 291 — Prepaid expenses and other assets 198 894 Total assets 2,108,845 1,179,611 Liabilities Credit Facility payable, at fair value (cost—$443,885 and $9,400 respectively) 443,880 9,400 2023 Notes payable, at fair value (par—$0 and $76,219, respectively) — 76,219 2026 Notes payable, net (par—$185,000) 183,832 183,054 2031 Asset-Backed Debt, net (par—$0 and $228,000, respectively) — 226,759 2036 Asset-Backed Debt, net (par—$287,000 and $0, respectively) 284,086 — 2036-R Asset-Backed Debt, net (par-$266,000 and $0 respectively) 265,235 — Payable for investments purchased 20,363 4,905 Interest payable on debt 14,645 8,615 Distributions payable 7,834 6,020 Base management fee payable 4,588 2,759 Incentive fee payable 3,189 4,628 Accounts payable and accrued expenses 2,187 1,287 Deferred tax liability 1,712 1,794 Due to Affiliates — 566 Total liabilities 1,231,551 526,006 Net assets Common stock, 77,579,896 and 58,734,702 shares issued and outstanding, respectively Par value $0.001 per share and 200,000,000 shares authorized 78 59 Paid-in capital in excess of par value 976,744 765,187 Accumulated deficit (99,528 ) (111,641 ) Total net assets $ 877,294 $ 653,605 Total liabilities and net assets $ 2,108,845 $ 1,179,611 Net asset value per share $ 11.31 $ 11.13 PENNANTPARK FLOATING RATE CAPITAL LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share data) Three Months Ended September 30, Year Ended September 30, 2024 2023 2024 2023 Investment income: From non-controlled, non-affiliated investments: Interest $ 39,704 $ 23,209 $ 128,397 $ 88,649 Dividend 501 677 2,354 6,279 Other income 1,884 439 5,506 1,899 From controlled, affiliated investments: Interest 9,498 8,346 35,093 31,047 Dividend 3,937 3,063 14,875 11,463 Other Income — — 130 — Total investment income 55,524 35,734 186,355 139,337 Expenses: Base management fee 4,588 2,759 14,871 11,402 Incentive Fee 3,189 4,628 18,125 16,873 Interest and expenses on debt 19,299 8,571 59,221 38,166 Administrative services expenses 500 235 2,161 999 Other general and administrative expenses 1,200 877 4,493 3,422 Expenses before amendment costs, debt issuance costs and provision for taxes 28,776 17,070 98,871 70,862 Credit Facility amendment costs and debt issuance costs 8,549 — 8,643 — Provision for taxes 225 150 1,120 984 Total Net expenses 37,550 17,220 108,634 71,846 Net investment income 17,974 18,514 77,721 67,491 Realized and unrealized gain (loss) on investments and debt: Net realized gain (loss) on investments and debt: Non-controlled, non-affiliated investments (346 ) (2,372 ) 222 (15,892 ) Non-controlled and controlled, affiliated investments — — — — Debt extinguishment (383 ) — (383 ) — Provision for taxes on realized gain on investments (45 ) 37 (45 ) (263 ) Net realized gain (loss) on investments and debt (774 ) (2,335 ) (206 ) (16,155 ) Net change in unrealized appreciation (depreciation) on: Non-controlled, non-affiliated investments (1,781 ) 5,497 5,662 (6,707 ) Controlled and non-controlled, affiliated investments 6,087 3,967 8,606 (5,858 ) Provision for taxes on unrealized appreciation (depreciation) on investments (148 ) (155 ) 82 2,774 Debt depreciation (appreciation) (19 ) 2,558 (26 ) (2,284 ) Net change in unrealized appreciation (depreciation) on investments and debt 4,139 11,867 14,324 (12,075 ) Net realized and unrealized gain (loss) from investments and debt 3,365 9,532 14,118 (28,230 ) Net increase (decrease) in net assets resulting from operations 21,340 28,046 $ 91,839 $ 39,261 Net increase (decrease) in net assets resulting from operations per common share $ 0.29 $ 0.48 $ 1.40 $ 0.77 Net investment income per common share $ 0.24 $ 0.32 $ 1.18 $ 1.33 ABOUT PENNANTPARK FLOATING RATE CAPITAL LTD. PennantPark Floating Rate Capital Ltd. is a business development company which primarily invests in U.S. middle-market companies in the form of floating rate senior secured loans, including first lien secured debt, second lien secured debt and subordinated debt. From time to time, the Company may also invest in equity investments. PennantPark Floating Rate Capital Ltd. is managed by PennantPark Investment Advisers, LLC. ABOUT PENNANTPARK INVESTMENT ADVISERS, LLC PennantPark Investment Advisers, LLC is a leading middle-market credit platform, managing $8.3 billion of investable capital, including potential leverage. Since its inception in 2007, PennantPark Investment Advisers, LLC has provided investors access to middle-market credit by offering private equity firms and their portfolio companies as well as other middle-market borrowers a comprehensive range of creative and flexible financing solutions. PennantPark Investment Advisers, LLC is headquartered in Miami and has offices in New York, Chicago, Houston, Los Angeles and Amsterdam. FORWARD-LOOKING STATEMENTS AND OTHER This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. You should understand that under Section 27A(b)(2)(B) of the Securities Act of 1933, as amended, and Section 21E(b)(2)(B) of the Securities Exchange Act of 1934, as amended, or the Exchange Act, the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 do not apply to forward-looking statements made in periodic reports we file under the Exchange Act. All statements other than statements of historical facts included in this press release are forward-looking statements and are not guarantees of future performance or results, and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. PennantPark Floating Rate Capital Ltd. undertakes no duty to update any forward-looking statement made herein. You should not place undue influence on such forward-looking statements as such statements speak only as of the date on which they are made. We may use words such as "anticipates," "believes," "expects," "intends," "seeks," "plans," "estimates" and similar expressions to identify forward-looking statements. Such statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties that could cause actual results to differ materially from our historical experience and our present expectations. The information contained herein is based on current tax laws, which may change in the future. The Company cannot be held responsible for any direct or incidental loss resulting from applying any of the information provided in this publication or from any other source mentioned. The information provided in this material does not constitute any specific legal, tax or accounting advice. Please consult with qualified professionals for this type of advice. CONTACT: Richard T. Allorto, Jr. PennantPark Floating Rate Capital Ltd. (212) 905-1000 www.pennantpark.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Jimmy Carter, a man of implacable faith, lived his values

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WASHINGTON (AP) — President Joe Biden said Sunday that the U.S. government believes missing American journalist Austin Tice, who disappeared 12 years ago near the Syrian capital, is alive and that Washington is committed to bringing him home after Bashar Assad’s ouster from power in Damascus . “We think we can get him back,” Biden told reporters at the White House, while acknowledging that “we have no direct evidence” of his status. “Assad should be held accountable.” Biden said officials must still identify exactly where Tice is after his disappearance in August 2012 at a checkpoint in a contested area west of Damascus. “We’ve remained committed to returning him to his family,” he said. Tice, who is from Houston and whose work had been published by The Washington Post, McClatchy newspapers and other outlets. A video released weeks after Tice went missing showed him blindfolded and held by armed men and saying, “Oh, Jesus.” He has not been heard from since. Syria has publicly denied that it was holding him. The United States has no new evidence that Tice is alive, but continues to operate under the assumption he is alive, according to a U.S. official. The official, who was not authorized to comment publicly and spoke on condition of anonymity, said the U.S. will continue to work to identify where he is and to try to bring him home. RELATED COVERAGE Biden says Assad’s fall in Syria is a ‘fundamental act of justice,’ but ‘a moment of risk’ Global reaction to Assad’s sudden ouster from Syria ranges from jubilation to alarm How it happened: Two seismic weeks that toppled Syria’s government His mother, Debra, said at a news conference Friday in Washington that the family had information from a “significant source,” whom she did not identify, establishing that her son was alive. “He is being cared for and he is well — we do know that,” she said. The Tice family met this past week with officials at the State Department and the White House. “To everyone in Syria that hears this, please remind people that we’re waiting for Austin,” Debra Tice said in comments that hostage advocacy groups spread on social media Sunday. “We know that when he comes out, he’s going to be fairly dazed & he’s going to need lots of care & direction. Direct him to his family please!”