
MIT Graduate Maurice Herlihy Explores BlockDAG’s Benefits in AMA; Insights on Hedera Network & AVAX PartnershipsUS markets finished a lacklustre week on a muted note on Friday as concerns about rising Treasury bond yields competed with enthusiasm over artificial intelligence equities. Of the major indices, only the Nasdaq mustered a gain in Friday's session. The index was also the only of the three leading US benchmarks to conclude the week higher. "Equities are kind of treading water," said LBBW's Karl Haeling. "A negative influence to some extent is the rise in bond yields." The latest US consumer price index data released this week showed prices ticked higher in November and the wholesale data also showed stubborn inflationary pressures. "Yields rose to their highest levels in over two weeks as markets brace for the Federal Reserve's final meeting of the year, reflecting concerns over sticky inflation," said Chris Beauchamp, chief market analyst at online trading platform IG. There is also growing concern over the inflationary pressures from President-elect Donald Trump's pledges to cut taxes and impose tariffs, as inflation still stands above the Fed's target. "While the markets still anticipate a rate cut from the Federal Reserve next week, the likelihood of a move in January has dropped," said Patrick Munnelly, partner at broker Tickmill Group. The CME FedWatch tool shows the market sees a more than 75 percent chance that the Fed will hold rates steady in January. In Europe, the Paris CAC 40 index ended the day down 0.2 percent after French President Emmanuel Macron named his centrist ally Francois Bayrou as prime minister, ending days of deadlock over finding a replacement for Michel Barnier. Frankfurt also dipped, with Germany's central bank sharply downgrading its growth forecasts on Friday for 2025 and 2026. It predicted a prolonged period of weakness for Europe's biggest economy. London stocks were also lower after official data showed that the UK economy unexpectedly shrank for the second consecutive month in October. The euro recovered after flirting with two-year lows against the US dollar following a warning Thursday by ECB president Christine Lagarde that the eurozone economy was "losing momentum", cautioning that "the risk of greater friction in global trade could weigh on euro area growth". (AFP)
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THE Department of Trade and Industry-Davao Region (DTI-Davao) recorded P150 million in new investments for Cavendish banana exports and P85 million for banana chip exports in 2024. During the Annual Media Interface on December 12, DTI-Davao del Norte Officer-in-Charge Provincial Director Zerline Balleque highlighted that these investments generated 1,000 jobs in the banana sector. Despite this progress, Balleque noted that the sector is still grappling with the effects of Fusarium wilt, commonly known as Panama disease, which has forced the closure of several banana farms. To combat the fungus, the Department of Agriculture (DA) and local government units (LGUs) are employing innovative technologies such as fertilizers and drones. “Fusarium wilt remains a natural challenge. Aside from that, there are also issues with exporting banana products, particularly in making the process more cost-efficient,” Balleque said. She added that while small farms are still struggling, large plantations adhering to good manufacturing practices (GMP) have access to advanced technologies that help limit the disease’s impact. Fusarium wilt, caused by the soil-borne fungus Fusarium oxysporum f.sp. Cubense, primarily affects banana plants, leading to wilting and eventual death. The disease was first discovered in Panama in the early 20th century. From January to December 2024, DTI-Davao assisted 30 exporters, resulting in P45.9 million in export sales and P41 million in domestic sales. According to the Philippine Statistics Authority-Davao (PSA-Davao), bananas remained the top export in the Davao Region in 2023, generating total revenues of $1.19 billion. Coconut oil ranked second with an export value of $263.95 million. Bananas accounted for 48.18 percent of the region’s total exports, solidifying their role as a key economic driver. DEFPhilippines Prepares For International Tourism Surge With New Measures
The Israeli Justice Ministry made the announcement in a message late on Thursday, saying the investigation would focus on the findings of a recent report by the Uvda investigative programme into Sara Netanyahu. The programme uncovered a trove of WhatsApp messages in which Mrs Netanyahu appears to instruct a former aide to organise protests against political opponents and to intimidate Hadas Klein, a key witness in the trial. The announcement did not mention Mrs Netanyahu by name and the Justice Ministry declined further comment. Earlier on Thursday, Mr Netanyahu blasted the Uvda report as “lies”. It is the latest in a long line of legal troubles for the Netanyahus, highlighted by the PM’s ongoing corruption trial. Mr Netanyahu is charged with fraud, breach of trust and accepting bribes in a series of cases alleging he exchanged favours with powerful media moguls and wealthy associates. He denies the charges and says he is the victim of a “witch hunt” by overzealous prosecutors, police and the media.Adewale 4-5 1-2 9, Klaczek 2-4 0-0 6, Joshua 4-4 2-2 13, Langford 5-9 1-2 11, Marshall 6-9 2-2 17, Reddish 4-7 2-3 12, Taylor 1-2 0-1 2, Neely 3-4 0-0 6, Briggs 1-4 0-0 3, Strand 2-6 0-0 6, Topuz 2-6 0-0 6, Adnan 0-1 0-0 0, Lindsey 0-0 2-2 2, Giralt 0-0 0-2 0. Totals 34-61 10-16 93. Perez 1-3 0-0 2, Gonzalez 2-4 1-2 5, Saavedra 1-5 0-0 2, Uselis 1-6 3-4 5, Zayas 2-4 0-2 4, Guilfu 0-5 0-1 0, Pagan 0-2 0-4 0, Bargas 1-4 3-4 6, Maldonado 6-10 2-3 16, Alicea 3-7 2-3 10. Totals 17-50 11-23 50. Halftime_Albany (NY) 49-26. 3-Point Goals_Albany (NY) 15-28 (Joshua 3-3, Marshall 3-5, Klaczek 2-3, Reddish 2-3, Strand 2-4, Topuz 2-5, Briggs 1-3, Langford 0-1, Taylor 0-1), Tarzans 5-19 (Alicea 2-3, Maldonado 2-6, Bargas 1-3, Pagan 0-1, Gonzalez 0-2, Saavedra 0-2, Uselis 0-2). Rebounds_Albany (NY) 42 (Klaczek 7), Tarzans 19 (Zayas 5). Assists_Albany (NY) 20 (Joshua, Marshall 5), Tarzans 4 (Perez 2). Total Fouls_Albany (NY) 25, Tarzans 13. A_20 (12,000).
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Mysterious googly eyes go viral after appearing on public art in OregonPrayagraj: Inspired by the Digital Maha Kumbh initiative, the 13 akharas are adopting digital tools to streamline their management while preserving their rich religious heritage. By creating comprehensive databases, the akharas are stepping into the digital age, ensuring transparency, efficiency, and innovation in their operations. Mahant Jamuna Puri, secretary of Shri Panchayati Akhara Maha Nirvana, explained that both computers and traditional ledgers are now in use, greatly simplifying akhara audits. "The database helps maintain records required for income tax filing, which are then shared with our chartered accountant," he added. Someshwaranand Brahmachari, general secretary of Shri Panch Agni Akhara, also shared insights into the practical benefits of this digital transition. "During Maha Kumbh audits, information was previously compiled manually from ledgers. Now, with technology, we gather all necessary data efficiently. Our akhara also runs Sanskrit schools , and we use this database to track everything from student numbers to the income and expenditure of these schools." The 13 akharas of Sanatan Dharma are not only key promoters of spirituality, devotion, and sadhana but also lead numerous global initiatives through their acharyas. Acharya Mahamandaleshwar Arun Giri Ji of Awahan Akhara claims that, in addition to religious efforts, saints are also working toward the betterment of humanity. One such initiative is a global tree-planting campaign aimed at environmental protection, for which Acharya Arun Giri Ji is also creating a database. This digital approach enhances efficiency, fosters transparency, and aids in effective management, saving valuable time and resources. Vaishnav akharas have expressed their intention to create their own databases, though technical challenges have delayed the implementation. Shri Mahant Ram Ji Das of All India Shri Panch Nirmohi Ani Akhara explains that unlike the akharas of the Sanyasi sect, Vaishnav akharas do not operate their own trusts, and thus, do not require audits. However, he acknowledges that in today's digital age, Vaishnav akharas will also need to establish databases for their respective institutions in order to keep pace with modern developments.
AREA ROUNDUP: B’wood competes in Classic, ’Necks beat SealyIn a worrying report presented in the Odisha Assembly , Transport Minister Bibhuti Bhushan Jena revealed that road accidents in the state have claimed the lives of around 15 people per day. In the past three years, road mishaps have taken 16,287 lives and left 30,453 injured. The alarming statistics underscore the urgent need for better road safety measures, with recent incidents in Bhadrak and Soro having added further casualties, including one death and multiple injuries from bus and auto accidents. Jena blamed many of these incidents on rash driving and also pointed out a glaring absence of enforcement against violators of traffic rules. He observed that though fines have been levied over the years, enforcement has often been woefully inadequate, thus leading to public apathy towards safety measures. The government has decided to launch an Intelligent Enforcement Management System (IEMS) that would seek to bring modern technology into the fold to enhance road safety. It would track traffic rule violations, penalize, and make sure to send notices to the owners of the vehicle. Experts claim that the move by the government is mere paper talk, as, at the grassroots level, little seems to be done. "There is no comprehensive driver training program. It needs to be institutionalised," says Subrat Nanda, a road safety expert. As road traffic accidents continue to escalate, the state government is under increasing pressure to take decisive action to protect its citizens and reduce the alarming death toll on its roads.Trump’s critics fear he will use IRS to get retribution
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