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Social media users are misrepresenting a report released Thursday by the Justice Department inspector general's office, falsely claiming that it's proof the FBI orchestrated the Capitol riot on Jan. 6, 2021. The watchdog report examined a number of areas, including whether major intelligence failures preceded the riot and whether the FBI in some way provoked the violence. Claims spreading online focus on the report's finding that 26 FBI informants were in Washington for election-related protests on Jan. 6, including three who had been tasked with traveling to the city to report on others who were potentially planning to attend the events. Although 17 of those informants either entered the Capitol or a restricted area around the building during the riot, none of the 26 total informants were authorized to do so by the bureau, according to the report. Nor were they authorized to otherwise break the law or encourage others to do so. Here's a closer look at the facts. CLAIM: A December 2024 report released by the Department of Justice's Office of the Inspector General is proof that the Jan. 6 Capitol riot was a setup by the FBI. THE FACTS: That's false. The report found that no undercover FBI employees were at the riot on Jan. 6 and that none of the bureau's informants were authorized to participate. Informants, also known as confidential human sources, work with the FBI to provide information, but are not on the bureau’s payroll. Undercover agents are employed by the FBI. According to the report, 26 informants were in Washington on Jan. 6 in connection with the day's events. FBI field offices only informed the Washington Field Office or FBI headquarters of five informants that were to be in the field on Jan. 6. Of the total 26 informants, four entered the Capitol during the riot and an additional 13 entered a restricted area around the Capitol. But none were authorized to do so by the FBI, nor were they given permission to break other laws or encourage others to do the same. The remaining nine informants did not engage in any illegal activities. None of the 17 informants who entered the Capitol or surrounding restricted area have been prosecuted, the report says. A footnote states that after reviewing a draft of the report, the U.S. attorney's office in Washington said that it “generally has not charged those individuals whose only crime on January 6, 2021 was to enter restricted grounds surrounding the Capitol, which has resulted in the Office declining to charge hundreds of individuals; and we have treated the CHSs consistent with this approach.” The assistant special agent in charge of the Washington Field Office's counterterrorism division told the inspector general's office that he “denied a request from an FBI office to have an undercover employee engage in investigative activity on January 6.” He, along with then-Washington Field Office Assistant Director in Charge Steven D'Antuono, said that FBI policy prohibits undercover employees at First Amendment-protected events without investigative authority. Many social media users drew false conclusions from the report's findings. “JANUARY 6th WAS A SETUP!" reads one X post that had received more than 11,400 likes and shares as of Friday. “New inspector general report shows that 26 FBI/DOJ confidential sources were in the crowd on January 6th, and some of them went into the Capitol and restricted areas. Is it a coincidence that Wray put in his resignation notice yesterday? TREASON!” The mention of Wray's resignation refers to FBI Director Christopher Wray's announcement Wednesday that he plans to resign at the end of President Joe Biden's term in January. Other users highlighted the fact that there were 26 FBI informants in Washington on Jan. 6, but omitted key information about the findings of the report. These claims echo a fringe conspiracy theory advanced by some Republicans in Congress that the FBI played a role in instigating the events of Jan. 6, 2021, when rioters determined to overturn Republican Donald Trump's 2020 election loss to Democrat Joe Biden stormed the Capitol in a violent clash with police. The report knocks that theory down. Wray called such theories “ludicrous” at a congressional hearing last year. Asked for comment on the false claims spreading online, Stephanie Logan, a spokesperson for the inspector general’s office, pointed The Associated Press to a press release about the report. In addition to its findings about the the FBI's involvement on Jan. 6, the report said that the FBI, in an action its now-deputy director described as a “basic step that was missed,” failed to canvass informants across all 56 of its field offices for any relevant intelligence ahead of time. That was a step, the report concluded, “that could have helped the FBI and its law enforcement partners with their preparations in advance of January 6.” However, it did credit the bureau for preparing for the possibility of violence and for trying to identify known “domestic terrorism subjects” who planned to come to Washington that day. The FBI said in a letter responding to the report that it accepts the inspection general’s recommendation “regarding potential process improvements for future events.” — Find AP Fact Checks here: https://apnews.com/APFactCheck .
Swift's daily impact on Vancouver may have exceeded 2010 Games, says industry figure
S&P/TSX down more than 100 points, U.S. markets mixed ahead of rate decision TORONTO — Canada's main stock index fell more than 100 points Friday, led by losses in base metal and telecom stocks, while U.S. stock markets were mixed ahead of next week's interest rate decision from the U.S. Federal Reserve. Rosa Saba, The Canadian Press Dec 13, 2024 1:50 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message The TMX Market Centre is shown in Toronto, Wednesday, Sept. 11, 2024. THE CANADIAN PRESS/Paige Taylor White TORONTO — Canada's main stock index fell more than 100 points Friday, led by losses in base metal and telecom stocks, while U.S. stock markets were mixed ahead of next week's interest rate decision from the U.S. Federal Reserve. This week, the Bank of Canada announced another outsized interest rate cut of half a percentage point while also signalling it plans to slow the pace of cuts going forward. Allan Small, senior investment adviser at iA Private Wealth, said the central bank is juggling a lot of balls heading into the new year, including a faltering economy, a housing market that’s poised to heat up, and a U.S. Fed likely to cut much slower next year. “If (the Bank of Canada) continues to cut when the U.S. doesn’t, where does that leave our dollar?” asked Small. “They’re flying by the seat of their pants.” The S&P/TSX composite index closed down 136.41 points at 25,274.30. In New York, the Dow Jones industrial average was down 86.06 points at 43,828.06. The S&P 500 index was down 0.16 points at 6,051.09, while the Nasdaq composite was up 23.88 points at 19,926.72. The Fed has done a better job of tamping down inflation while not harming the economy too much, said Small. The Fed is expected to cut by a quarter-percentage point next week, and its path is clearer than the Bank of Canada’s, said Small. “I don’t think they have much room to cut more,” he said, noting this week saw U.S. inflation data tick up from the month before. “Most people think they’ll go 25 (basis points) and pause for a little while,” said Small. “Would I be surprised to see them not cut at all? No, but I think the market would take that negatively.” Heading into the last few weeks of the year, Small said if there’s a so-called Santa Claus rally, it may be more muted than usual. “It's quite possible we've taken some gains that we normally would have had in December, brought them forward into November, and now December might not be as strong as we normally see,” he said. On Wall St., the Nasdaq did a little better than its U.S. peers as semiconductor company Broadcom saw its stock gain more than 24 per cent after reporting earnings. “I think the commentary on the conference call really caused the stock to shoot up," said Small. The company gave a bright forecast for investors on the back of expected growth in artificial intelligence. This week, Broadcom and Apple also announced a deal to develop a chip for AI. The Canadian dollar traded for 70.27 cents US compared with 70.48 cents US on Thursday. The January crude oil contract was up US$1.27 at US$71.29 per barrel and the January natural gas contract was down 18 cents at US$3.28 per mmBTU. The February gold contract was down US$33.60 at US$2,675.80 an ounce and the March copper contract was down five cents at US$4.15 a pound. — With files from The Associated Press This report by The Canadian Press was first published Dec. 13, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD) Rosa Saba, The Canadian Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More The Mix Trump's strategy is to create economic uncertainty in other countries: Freeland Dec 13, 2024 2:21 PM National chief urges MPs to send water bill to Senate before holiday break Dec 13, 2024 2:07 PM Paula Abdul settles lawsuit alleging sexual assault by 'American Idol' producer Nigel Lythgoe Dec 13, 2024 2:00 PM Featured FlyerMysterious drone sightings in New Jersey raise questions about regulations. Here are 5 things to know
No one’s mourning Wicked – it is a wonderful movie that near-flawlessly adapts one of the greatest musicals of all time, and it deserves its box office glory. However, its drab, needlessly grounded aesthetic left me with... what’s this feeling? Loathing, unadulterated loathing. I never doubted Jon M. Chu. Sure, he’s had some misses (G.I. Joe: Retaliation, Jem and the Holograms), but he also directed Step Up 2: The Streets (one of the most underrated movies of the 2000s), Now You See Me 2 (absolutely preposterous, but undeniably slick), and Crazy Rich Asians (an all-timer rom-com). However, I was worried about the cinematic translation of the show, especially after Chu made the bold decision to split Wicked into two films ; when Part 2 comes out, its total runtime could be twice the length of the original production. Thankfully, Part 1 assuaged those concerns: it is a thrillifying adaptation worth rejoicifying over, complete with two extraordinary performances courtesy of Cynthia Erivo and Ariana Grande, superbly choreographed numbers, and most importantly, it is astonishingly well-paced. By the time ‘Defying Gravity’ hits – and boy, it hits – you won’t realize that almost three hours have flown by. Alas, it makes one huge misstep: for the most part, its flat lighting and horrendible color grading are more befitting of a car commercial than a big-budget musical movie. Pinks aren’t that pink, greens aren’t that green, and scenes are relentlessly backlit to their detriment; ‘Dancing Through Life’ is a particularly frustrating offender. Speaking to the Globe and Mail , Chu was asked why the movie looks so desaturated. In his eyes, “there’s color all over it.” Related: “I think what we wanted to do was immerse people into Oz, to make it a real place. Because if it was a fake place, if it was a dream in someone’s mind, then the real relationships and the stakes that these two girls are going through wouldn’t feel real,” he explained. It gets worse: because we’ve seen Oz as a “matte painting” and “video game digital world” before, he wanted the audience to “feel the dirt... I want to feel the wear and tear of it.” Ah, yes, because that’s what people want from Oz: realism! As Glinda sang, “I hope you’re happy how you’ve hurt your cause forever, I hope you think you’re clever.” To give Chu some credit, he also said the color contrast “goes up over time because that is what Elphaba brings to this world.” This rings true in the movie’s final scene, particularly as Elphaba belts out her final, tear-jerking note and hovers high in the sky with lightning crackling all around her. It’s the best shot of the film (it should have cut to the ‘To be continued’ card straight after), but it isn’t representative of everything that comes before. I also understand his point: he wanted his film to have a unique visual perspective of Oz and the Emerald City. He accomplishes that with CGI (the monkeys look incredible, and the effects are generally spectacular), but it’s so much harder to appreciate when: 1) it fails to evoke the magic of its wondrous setting and 2) its iconic predecessor is one of the best-looking movies ever made, and it came out 85 years ago. The Wizard of Oz showcased the irreplaceable beauty of Technicolor in all of its splendor. It was mostly abandoned by the ‘70s, mostly due to its expense and complexity (especially the three-strip process), and the technology is now considered obsolete, if not lost altogether. However, that doesn’t mean movies can’t mimic its aesthetic; Pearl, La La Land, The Love Witch, and even Quentin Tarantino’s films pulled it off. Wicked was never going to escape comparisons to The Wizard of Oz, so it should have leaned into its legacy, at least a little bit; I didn’t need it to look that good. I just wished it looked better. Keep up to date with Wicked’s box office , when to pee during Wicked , where to stream Wicked , and what we know about Wicked: Part 2 so far.
TORONTO, Dec. 13, 2024 (GLOBE NEWSWIRE) — Edesa Biotech, Inc. (Nasdaq:EDSA), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics for immuno-inflammatory diseases, today reported financial results for the fiscal year ended September 30, 2024 and provided an update on its business. During the fiscal year, the company pivoted the in-house development of its anti-TLR4 drug candidate, EB05 (paridiprubart), to a U.S. government-funded study investigating novel threat-agnostic host-directed therapeutics in patients with Acute Respiratory Distress Syndrome (ARDS). Given this opportunity, Edesa is also amending a development and drug manufacturing project for the same asset that is supported by the Government of Canada. The company said that the goal is to maximize synergies between the two government-funded projects. For its anti-CXCL10 program, Edesa intends to manufacture EB06 and submit related data to the U.S. Food and Drug Administration as part of an investigational new drug (IND) application. The manufacturing of clinical-grade drug batches and initiation of the patient enrollment is subject to funding. Edesa anticipates topline results for this Phase 2 study could be available within as few as 12 to 18 months following regulatory clearance in the U.S. The study is currently approved in Canada. “This year, Edesa maintained its momentum despite the headwinds in the drug development sector, and we once again validated our TLR4 technology with a third competitive government award,” said Par Nijhawan, MD, Chief Executive Officer of Edesa Biotech. “I have maintained my strategic support financially and I believe that our team can continue to advance and expand our development pipeline and partnerships.” Edesa’s Chief Financial Officer Stephen Lemieux reported that financial results for the fiscal year benefited from prudent use of working capital and effective financial management, including a more than 20% decrease in operating expenses. “Following the end of the fiscal year, we strengthened our balance sheet, and with two governments now funding the advancement of our anti-TLR4 technology, we have improved our position for future financing, potential strategic arrangements as well as other opportunities to advance our pipeline.” Total operating expenses decreased by $2.2 million to $7.0 million for the year ended September 30, 2024 compared to $9.2 million for the prior year: Total other income was unchanged at $0.8 million for the years ended September 30, 2024 and September 30, 2023 as a $0.1 million increase in reimbursement funding from the Canadian government’s Strategic Innovation Fund was offset by a $0.1 million decrease in interest income. For the year ended September 30, 2024, Edesa reported a net loss of $6.2 million, or $1.93 per common share, compared to a net loss of $8.4 million, or $2.93 per common share, for the year ended September 30, 2023. At September 30, 2024, Edesa had cash and cash equivalents of $1.0 million and negative working capital of $0.2 million. Subsequent to the fiscal year end, the company received $1.5 million in gross proceeds under a securities purchase agreement with an entity affiliated with Edesa’s Chief Executive Officer and Founder, and $0.6 million in net proceeds, after deducting sales agent commissions, from common shares sold under an at-the-market offering program. Edesa management plans to participate in one-on-one meetings during JP Morgan week, which begins on January 13, 2025, in San Francisco, California. Attendees interested in meeting with management can request meetings through the conference organizers or by contacting Edesa directly at . (Nasdaq: EDSA) is a clinical-stage biopharmaceutical company developing innovative ways to treat inflammatory and immune-related diseases. Its clinical pipeline is focused on two therapeutic areas: Medical Dermatology and Respiratory. In Medical Dermatology, Edesa is developing EB06, an anti-CXCL10 monoclonal antibody candidate, as therapy for vitiligo, a common autoimmune disorder that causes skin to lose its color in patches. Its medical dermatology assets also include EB01 (1.0% daniluromer cream), a Phase 3-ready asset developed for use as a potential therapy for moderate-to-severe chronic Allergic Contact Dermatitis (ACD), a common occupational skin condition. The company’s most advanced Respiratory drug candidate is EB05 (paridiprubart), which is being evaluated in a U.S. government-funded platform study as a treatment for Acute Respiratory Distress Syndrome (ARDS), a life-threatening form of respiratory failure. The EB05 program has been the recipient of two funding awards from the Government of Canada to support the further development of this asset. In addition to EB05, Edesa is preparing an investigational new drug application (IND) in the United States for EB07 (paridiprubart) to conduct a future Phase 2 study in patients with pulmonary fibrosis. Sign up for . Connect with us on and .
FBI Director Wray walked a tightrope with Trump. Here’s how it went wrongNo-grow zone LABOUR cannot shirk the blame for our dismal economic figures. In the first half of 2024, under Rishi Sunak , UK growth led the G7 . Under the new “growth-focused” Government, we have shrunk for two straight months. On taking power Labour chose not to talk Britain’s prospects up but to trash the Tories, exaggerate our problems and conjure up a “£22billion black hole”. How did they imagine investors would react to a Government saying the country was on its knees? They fled. And our firms froze with fear about the Budget. READ MORE SUN SAYS The crippling tax rises that they unleashed, including the job-wrecking National Insurance hike, are likely to trigger more woe in November’s figures. Chancellor Rachel Reeves says she has rolled the pitch for bumper long-term growth. The OBR is more pessimistic. We must hope she’s right and the economists are wrong. Wrecker Ed IT is arguable that Russia might never have invaded Ukraine were it not for Ed Miliband’s political parlour games. Most read in The Sun In 2013 he whipped Labour to defeat Tory plans to join the US in bombing Syria to stop it using chemical weapons. Without us, President Obama backed off. Assad continued his savagery, his ally Putin saw the West had lost its nerve and months later he attacked Crimea. So Health Secretary Wes Streeting is right to call out our “hesitation”, meaning his Cabinet colleague’s opportunism. These days Miliband’s unbending ignorance is driving us off a Net Zero cliff. High time Keir Starmer stopped him inflicting the same carnage on our energy supply as he may have done on all those lives in Syria and Ukraine . Name them NO ONE failed Sara Sharif as egregiously as the family court which handed her over to her monstrous father and stepmother. A judge and social workers made that ruling in 2019 despite knowing Urfan Sharif’s appalling record of abuse. Now, incredibly, another judge has ordered they must remain anonymous to dodge criticism. But they SHOULD be accountable for the error which proved a death sentence for little Sara. How else to stop them making another? Andy sums WHERE is disgraced, jobless Prince Andrew getting his money ? Cut off by the King after the Epstein paedo scandal, he can still afford the huge bills on the vast Royal Lodge. READ MORE SUN STORIES His top business advisor is an alleged Chinese spy — and people are snuck into and out of his mansion “unnoticed”. Are these murky dealings remotely in the national interest? Or just Andrew’s?
Earth just experienced its second-warmest November on record — second only to 2023 — making it all but certain that 2024 will end as the hottest year ever measured, according to a report Monday by European climate service Copernicus. Last year was the hottest on record due to human-caused climate change coupled with the effects of an El Nino. But after this summer registered as the hottest on record — Phoenix sweltered through 113 consecutive days with a high temperature of at least 100 degrees Fahrenheit — scientists anticipated 2024 would set a new annual record as well. In November, global temperatures averaged 14.10C (57.38F). Last year's global average temperature was 14.98C (59F). FILE - People are silhouetted against the sky at sunset Nov. 12 as they run in a park in Shawnee, Kan. Jennifer Francis, a climate scientist at the Woodwell Climate Research Center in Cape Cod, who wasn't involved in the report, said the big story about November is that "like 2023, it beat out previous Novembers by a large margin." This also likely will be the first calendar year in which the average temperature was more than 1.5 degrees Celsius (2.7 degrees Fahrenheit) above pre-industrial times, the report said. The 2015 Paris Agreement said human-caused warming should be limited to 2 degrees Celsius (3.6 degrees Fahrenheit), and ideally below 1.5. In the following years, the world's top scientist said limiting to 1.5 was crucial to stave off the worst impacts of climate change, such as increasing destructive and frequent extreme weather events. Scientists say the main cause of climate change is the burning of fossil fuels like coal, oil and natural gas. That "does not mean that the Paris Agreement has been breached, but it does mean ambitious climate action is more urgent than ever," said Copernicus Deputy Director Samantha Burgess. A young family visiting Washington cools off from the warm weather in a fountain Nov. 6 at the base of the Washington Monument. Francis said the new records are "terrible news for people and ecosystems." "The pace of warming is so fast that plants and animals cannot adapt as they always have during previous changes in the Earth's climate. More species will go extinct, which disrupts natural food webs they're a part of. Agriculture will suffer as pollinators decline and pests flourish," she said, also warning that coastal communities will be vulnerable to sea-level rise. Heat waves over the oceans and a loss of reflective sea ice and snow cover probably contributed to the temperature increase this year, experts said. Copernicus said the extent of Antarctic sea ice in November was 10% below average, a record. Oceans absorb about 90% of the heat trapped by greenhouse gases, later releasing heat and water vapor back into the atmosphere. Last year's record heat was caused partly by an El Nino — a temporary natural warming of parts of the central Pacific that alters weather worldwide. People walk Nov. 27 on an autumn-colored ginkgo tree-lined avenue in Tokyo. But that ended this year and a cooling effect that often follows, called La Nina, failed to materialize, leaving the scientific community "a little perplexed by what's going on here ... why temperatures are staying high," said Jonathan Overpeck, a climate scientist at the University of Michigan. One explanation is that an El Nino releases more heat to the atmosphere because of warmer ocean waters, then "we're not getting the cooling effect that often in decades gone by helps bring the temperature back down," Overpeck said. "So it does look like this could be contributing to the acceleration of global warming. But this year, he said, "is such a big jump following yet another jump, and that's a scary thing." It's no secret that a warming world will drive food prices higher, a phenomenon increasingly known as " heatflation ." What's less known, but a growing area of interest among economists and scientists alike, is the role individual extreme weather events — blistering temperatures in Texas , a destructive tornado in Iowa — may have on what U.S. consumers pay at the supermarket. At first glance, the answer might seem logical: A drought or flood that impacts agricultural production will, eventually, drive up prices. But it's not that simple, because what consumers pay for groceries isn't only reflective of crop yields or herd sizes, but the whole supply chain. As Grist reports, that's where it gets interesting: Economists are beginning to see a growing trend that suggests weather forecasts play a part in sticker shock. Sometimes the mere prediction of an extreme event — like the record-breaking temperatures, hurricanes, and wildfires forecasters are bracing for this summer — can prompt a spike in prices. It isn't the forecast itself to blame, but concerns about what the weather to come might mean for the entire supply chain, as food manufacturers manage their risks and the expected future value of their goods, said Seungki Lee, an agricultural economist at Ohio State University. "When it comes to the climate risk on food prices, people typically look at the production side. But over the last two years, we learned that extreme weather can raise food prices, [cause] transportation disruptions, as well as production disruptions," said Lee. How much we pay for the food we buy is determined by retailers, who consider the producer's price, labor costs, and other factors. Any increases in what producers charge is typically passed on to consumers because grocery stores operate on thin profit margins. And if manufacturers expect to pay more for commodities like beef or specialty crops like avocados in the future, they may boost prices now to cover those anticipated increases. "The whole discussion about the climate risks on the food supply chain is based on probabilities," Lee said. "It is possible that we do not see extreme temperatures this summer, or even later this year. We may realize there was no significant weather shock hitting the supply chain, but unfortunately that will not be the end of the story." Supply chain disruptions and labor shortages are among the reasons food prices have climbed 25 percent since 2020 . Climate change may be contributing as well. A study published earlier this year found " heatflation " could push them up by as much as 3 percentage points per year worldwide in just over a decade and by about 2 percentage points in North America. Simultaneous disasters in major crop and cattle producing regions around the world — known as multi-breadbasket failure — are among the primary forces driving these costs. Crop shortages in these regions may also squeeze prices, which can create volatility in the global market and bump up consumer costs. Historically, a single, localized heat wave or storm typically wouldn't disrupt the supply chain enough to prompt price hikes. But a warming world might be changing that dynamic as extreme weather events intensify and simultaneous occurrences of them become the norm. How much this adds to consumers' grocery bills will vary, and depends upon whether these climate-fueled disasters hit what Lee calls "supply chain chokepoints" like vital shipping channels during harvest seasons. "As the weather is getting more and more volatile because of climate change, we are seeing this issue more frequently," he said. "So what that means is the supply chain is getting more likely to be jeopardized by these types of risks that we have never seen before." An ongoing drought that plagued the Mississippi River system from the fall of 2022 until February provides an excellent example of this. The Mississippi River basin, which covers 31 states, is a linchpin of America's agricultural supply chain. It produces 92 percent of the nation's agricultural exports, 78 percent of the world's feed grains and soybeans , and most of the country's livestock. Vessels navigating its roughly 2,350 miles of channels carry 589 million tons of cargo annually . Transportation barriers created by low water, seen above, hampered the ability of crop-producing states in the Corn Belt to send commodities like corn and soybeans, primarily used for cattle feed, to livestock producers in the South. Thus emerged a high demand, low supply situation as shipping and commodity prices shot up , with economists expecting consumers to absorb those costs . Past research showing that retail prices increase alongside commodity prices suggests that the drought probably contributed to higher overall food costs last year — and because droughts have a lingering impact on production even after they end, it may be fueling stubbornly high grocery prices today. But although it seems clear that the drought contributed to higher prices, particularly for meat and dairy products, just how much remains to be gauged. One reason for that is a lack of research analyzing the relationship between this particular weather event and the consumer market. Another is it's often difficult to tease out which of several possible factors, including global trade, war, and export bans , influence specific examples of sticker shock. While droughts definitely prompt decreases in agricultural production, Metin Çakır, an economist at the University of Minnesota, says whether that is felt by consumers depends on myriad factors. "This would mean higher raw ingredient costs for foods sold in groceries, and part of those higher costs will be passed onto consumers via higher prices. However, will consumer prices actually increase? The answer depends on many other supply and demand factors that might be happening at the same time as the impact of the drought," said Çakır. In a forthcoming analysis previewed by Grist, Çakır examined the relationship between an enduring drought in California, which produces a third of the nation's vegetables and nearly two-thirds of its fruits and nuts , and costs of produce purchased at large grocery retailers nationwide. While the event raised consumer vegetable prices to a statistically significant degree, they didn't increase as much as Çakır expected. This capricious consumer cost effect is due largely to the resiliency of America's food system . Public safety nets like crop insurance and other federal programs have played a large part in mitigating the impacts of adverse weather and bolstering the food supply chain against climate change and other shocks. By ensuring farmers and producers don't bear the brunt of those losses, these programs reduce the costs passed on to consumers. Advanced agricultural technology, modern infrastructure, substantial storage, and efficient transport links also help ensure retail price stability. A 2024 study of the role climate change played on the U.S. wheat market from 1950 to 2018 found that although the impact of weather shocks on price variability has increased with the frequency of extreme weather, adaptive mechanisms, like a well-developed production and distribution infrastructure with sufficient storage capacity, have minimized the impact on consumers. Still, the paper warns that such systems may collapse when faced with "unprecedented levels of weather variability." Last year was the world's warmest on record , creating an onslaught of challenges for crop and livestock producers nationwide. And this year is primed to be even more brutal , with the transition from El Niño — an atmospheric phenomenon that warms ocean temperatures — to La Niña , its counterpart that cools them. This cyclical change in global weather patterns is another potential threat for crop yields and source of supply chain pressures that economists and scientists are keeping an eye on. They will be particularly focused on the Midwest and stretches of the Corn Belt, two regions prone to drought as an El Niño cycle gives way to a La Niña, according to Weston Anderson, an assistant research scientist at the University of Maryland and NASA Goddard Space Flight Center. Those growing regions for corn and soybeans are what he'll be watching closely as La Niña develops. It's something Jennifer Ifft, an agricultural economist at Kansas State University, is also thinking about. "If you have a very severe drought in the Corn Belt ... that's going to be the biggest deal, because that's gonna raise the cost of production for cattle, hogs, poultry," said Ifft. "So that would probably have the largest inflationary impacts." As of January , U.S. beef herd inventory was at its lowest in 73 years, which multiple reports noted is due to the persisting drought that began in 2020 . Americans, the majority of whom are already spending more on groceries than last year, are poised to soon see "record" beef prices at the supermarket. Food prices are also expected to rise another 2.2 percent in 2024 , according to the USDA's Economic Research Service. In a world enmeshed in extremes, our already-fragile food supply chain could be the next system teetering on the edge of collapse because of human-caused climate change. And costlier groceries linked to impending risk is the first of many warning signs that it is already splintering. This story was produced by Grist and reviewed and distributed by Stacker Media. Get the daily forecast and severe weather alerts in your inbox!THE Miami Dolphins have parted ways with a Super Bowl winning wide receiver. Odell Beckham Jr. is no longer on the Miami Dolphins' roster. Beckham played in just nine games this season before being released from the team. He missed both Dolphins practices this week for "personal reasons" before the release. The release was mutual, according to ESPN. Beckham signed a one-year, $3 million deal with the Dolphins in may that could improve up to $8.25 million with incentives. Read more on the NFL However, he had knee surgery in the offseason and started the year on injured reserve. Beckham's first start didn't come until Week 5 against the New England Patriots. Beckham was signed by the Dolphins to take over the WR3 spot behind Tyreek Hill and Jaylen Waddle, but a new receiving option emerged over the course of the season. Tight end Jonnu Smith has exploded onto the scene, taking a massive target share in the offense. Most read in American Football This season, Beckham has just nine catches for 55 yards and no touchdowns. Smith now has 61 catches for 692 yards and five touchdowns. Beckham will now be free to sign with a new team this season. It is unclear if any teams will be interested in Beckham though, and his time in the NFL could be coming to a close. NFL fans shared their opinions on social media on what could be next for the former superstar receiver. "And just like that, Odell is officially washed," one fan said. "I really want to see Odell Beckham Junior have one more season that reminds us who he once was," another fan said. August 1 - Hall of Fame Game - Houston Texans vs Chicago Bears August 8 - Pre-season begins August 27 - Deadline for 53-man rosters September 1 - Final day of pre-season September 5 - Season opener - Baltimore Ravens vs Kansas City Chiefs November 5 - Trade deadline January 5 - Week 18 of regular-season January 11 - Playoffs begin February 9 - Super Bowl LIX in New Orleans, Louisiana "He’s a Chief," a third fan said. "Falloff has to be studied," a fourth fan said. "Bring him to the @Commanders," a fifth fan said. Read More on The US Sun Beckham is in his 10th NFL season in 2024, spending time with the Giants, Browns, Ravens, Dolphins, and Rams. He has 7,987 career receiving yards and 59 touchdowns.
Philadelphia star quarterback Jalen Hurts remains in concussion protocol and has been ruled for Sunday's game against the visiting Dallas Cowboys, with the Eagles expected to start Kenny Pickett. Hurts missed practice all week, and head coach Nick Sirianni confirmed before Friday's session that Hurts remains in the concussion protocol, adding, "It's going to be tough for him to make it this week." Hurts and Pickett (ribs) were both injured during last weekend's 36-33 loss to the Washington Commanders, but Pickett was a full participant in Thursday's practice and was limited on Friday. The Eagles also have Tanner McKee as the emergency third quarterback and signed Ian Book to the practice squad this week. Pickett, who grew up as an Eagles fan in Ocean Township, N.J., will have a chance to help Philadelphia (12-3) clinch the NFC East title in his first start for the franchise. "I'm very excited. It's a big opportunity," he told reporters Thursday. "I've been working hard to stay ready and I felt like I was in a good position last game with my preparation and now having a week to practice, I'll feel even better going into the stadium. So, I'm excited. I just want to get the win." Pickett relieved Hurts in the first quarter against Washington and completed 14 of 24 passes for 143 yards with one touchdown and one interception. Prior to that, he had appeared in three games in mop-up duty. "He's done a great job," Eagles wide receiver A.J. Brown said on Friday. "He did a great job last week. I know he had a few hiccups, but overall he's doing a great job. It's not his first rodeo. We have a lot of confidence in him, I do, and I'm excited. "(He's) poised, confident. He comes in, he's commanding the huddle and that's what you want to see." Pickett, 26, compiled a 14-10 record as the starter for the Steelers from 2022-23 after being drafted by Pittsburgh in the first round (20th overall) in 2022. After the Steelers acquired Russell Wilson in March, Pickett was traded along with a 2024 fourth-round pick to the Eagles in exchange for a 2024 third-round pick and two 2025 seventh-rounders. Pickett has completed 62.3 percent of his pass attempts for 4,622 yards with 14 touchdowns and 14 interceptions in 29 career games. He has rushed for 303 yards and four scores. Hurts, 26, has completed 68.7 percent of his passes this season for 2,903 yards with 18 TDs and five picks in 15 starts. He has rushed for 630 yards and is tied for the NFL lead with 14 rushing touchdowns. --Field Level MediaStrive for peace and development through unity
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TOKYO, Dec. 13, 2024 (GLOBE NEWSWIRE) -- MEDIROM Healthcare Technologies Inc. (NASDAQ: MRM) announces that its subsidiary MEDIROM MOTHER Labs Inc. raised to date an aggregate total of 260.3 million yen (approximtaely USD $ [1.7] million calculated at an exchange rate of JPY[153.64] to US$1) at a pre-money equity valuation of JPY9 billion (approximately USD $ [58.6] million calculated at an exchange rate of JPY[153.64] to US$1) in its Series A equity financing. NFES Technologies Inc. is the lead investor in the financing round, and several public companies in Japan, including M3, Inc. (TOKYO PRIME: 2413) and Elematec Corporation (TOKYO PRIME: 2715), as well as certain individual investors are also participating. The Series A equity financing round is still ongoing. MEDIROM MOTHER Labs has closed financings with six investors to date and intends to conclude the financing round by December 31, 2024. “We are very excited that our MEDIROM MOTHER Labs subsidiary has received such significant validation from strategic partners as our lead investor NFES Technologies Inc. as well as M3,Inc and Elematec Corporation. The pre money valuation of 9 billion yen is approximately multiples of MEDIROM’s current NASDAQ listing market capitalization which I believe further validates our technology, business model and growth potential.” said Kouji. The MOTHER Bracelet® is currently in commercialization. From July 1, 2024 through October 31, 2024, MEDIROM MOTHER Labs received purchase orders for an aggregate of over 25,000 units from its B2B sales channel. “We believe the MOTHER Bracelet® to be the world’s first fitness tracker that requires no electric charging by utilizing an innovative technology that enables the user’s body heat to generate electricity. We co-developed it with Matrix Industries, based in Silicon Valley and believe its features are cutting-edge technology with rich features and ease of use to track fitness levels, sleep patterns, pulse and body temperature We will continue to target markets such as hospitals, nursing homes and gyms, where such data is vital,” said Yoshio Uekusa, CEO of MEDIROM MOTHER Labs. ABOUT MEDIROM MOTHER Labs Inc. A subsidiary of MEDIROM Healthcare Technologies Inc. (NASDAQ: MRM) (“MEDIROM”), MEDIROM Mother Labs Inc. focuses on the health-tech sector. The company’s core activities include the "Specific Health Guidance Program" offered through the "Lav" health application and development and sales of the 24/7 recharge-free MOTHER Bracelet®︎ smart tracker. By leveraging the features of the recharge-free MOTHER Bracelet®︎, MOTHER Labs offers customizable health management solutions across diverse sectors, including caregiving, logistics, manufacturing, and similar industries. Forward-Looking Statements Regarding MEDIROM and MOTHER Labs Certain statements in this press release are forward-looking statements for purposes of the safe harbor provisions under the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may include estimates or expectations about MEDIROM’s possible or assumed operational results, financial condition, business strategies and plans, market opportunities, competitive position, industry environment, and potential growth opportunities. In some cases, forward-looking statements can be identified by terms such as “may,” “will,” “should,” “design,” “target,” “aim,” “hope,” “expect,” “could,” “intend,” “plan,” “anticipate,” “estimate,” “believe,” “continue,” “predict,” “project,” “potential,” “goal,” or other words that convey the uncertainty of future events or outcomes. These statements relate to future events or to MEDIROM’s future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause MEDIROM’s actual results, levels of activity, performance, or achievements to be different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond MEDIROM’s control and which could, and likely will, affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects MEDIROM’s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to MEDIROM’s operations, results of operations, growth strategy and liquidity. Some of the factors that could cause actual results to differ materially from those expressed or implied by the forward-looking statements in this press release include: More information on these risks and other potential factors that could affect MEDIROM’s business, reputation, results of operations, financial condition, and stock price is included in MEDIROM’s filings with the Securities and Exchange Commission (the “SEC”), including in the “Risk Factors” and “Operating and Financial Review and Prospects” sections of MEDIROM’s most recently filed periodic report on Form 20-F and subsequent filings, which are available on the SEC website at www.sec.gov . MEDIROM assumes no obligation to update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ from those anticipated in these forward-looking statements, even if new information becomes available in the future. MEDIROM Healthcare Technologies Inc. NASDAQ Symbol: MRM Tradepia Odaiba, 2-3-1 Daiba, Minato-ku, Tokyo, Japan Web https://medirom.co.jp/en Contact: ir@medirom.co.jp MEDIROM MOTHER Labs Inc. Tradepia Odaiba, 2-3-1 Daiba, Minato-ku, Tokyo, Japan For more information visit: https://mother-bracelet.com
DAMASCUS (AP) — Exuberant Syrians observed the first Friday prayers since the ouster of President Bashar Assad , gathering in the capital's historic main mosque, its largest square and around the country to celebrate the end of half a century of authoritarian rule. The newly installed interim prime minister delivered the sermon at the Umayyad Mosque, declaring that a new era of “freedom, dignity and justice” was dawning for Syria. The gatherings illustrated the dramatic changes that have swept over Syria less than a week after insurgents marched into Damascus and toppled Assad. Amid the jubilation, U.S. Secretary of State Antony Blinken met with allies around the region and called for an “inclusive and non-sectarian” interim government. Blinken arrived in Iraq on a previously unannounced stop after talks in Jordan and Turkey, which backs some of the Syrian insurgent factions. So far, U.S. officials have not talked of direct meetings with Syria's new rulers. The main insurgent force, Hayat Tahrir al-Sham, has worked to establish security and start a political transition after seizing Damascus early Sunday. The group has tried to reassure a public both stunned by Assad's fall and concerned about extremist jihadis among the rebels. Insurgent leaders say the group has broken with its extremist past, though HTS is still labeled a terrorist group by the United States and European countries. HTS's leader, Ahmad al-Sharaa, formerly known as Abu Mohammed al-Golani, appeared in a video message Friday congratulating “the great Syrian people for the victory of the blessed revolution.” “I invite them to head to the squares to show their happiness without shooting bullets and scaring people,” he said. “And then after, we will work to build this country, and as I said in the beginning, we will be victorious by the help of God.” Syrians celebrate in the historic heart of Damascus Huge crowds, including some insurgents, packed the historic Umayyad Mosque in the capital's old city, many waving the rebel opposition flag — with its three red stars — which has swiftly replaced the Assad-era flag with with its two green stars. Syrian state television reported that the sermon was delivered by Mohammed al-Bashir, the interim prime minister installed by HTS this week. The scene resonated on multiple levels. The mosque, one of the world's oldest dating back some 1,200 years, is a beloved symbol of Syria, and sermons there like all mosque sermons across Syria were tightly controlled under Assad's rule. Also, in the early days of the anti-government uprising in 2011, protesters would leave Friday prayers to march in rallies against Assad before he launched a brutal crackdown that turned the uprising into a long and bloody civil war. “I didn’t step foot in Umayyad Mosque since 2011," because of the tight security controls around it, said one worshipper, Ibrahim al-Araby. “Since 11 or 12 years, I haven’t been this happy.” Another worshipper, Khair Taha, said there was “fear and trepidation for what’s to come. But there is also a lot of hope that now we have a say and we can try to build.” Blocks away in Damascus' biggest roundabout, named Umayyad Square, thousands gathered, including many families with small children — a sign of how, so far at least, the country's transformation has not caused violent instability. “Unified Syria to build Syria,” the crowd chanted. Some shouted slurs against Assad and his late father, calling them pigs, an insult that would have previously led to offenders being hauled off to one of the feared detention centers of Assad’s security forces. One man in the crowd, 51-year-old Khaled Abu Chahine — originally from the southern province of Daraa, where the 2011 uprising first erupted — said he hoped for “freedom and coexistence between all Syrians, Alawites, Sunnis, Shiites and Druze.” The interim prime minister, al-Bashir, had been the head of a de facto administration created by HTS in Idlib, the opposition's enclave in northwest Syria. The rebels were bottled up in Idlib for years before fighters broke out in a shock offensive and marched across Syria in 10 days. Similar scenes of joy unfolded in other major cities, including in Aleppo, Homs, Hama, Latakia and Raqqa. US and its allies try to shape a rapidly changing Syria Al-Sharaa, HTS' leader, has promised to bring a pluralistic government to Syria, seeking to dispel fears among many Syrians — especially its many minority communities — that the insurgents will impose a hard-line, extremist rule. Another key factor will be winning international recognition for a new government in a country where multiple foreign powers have their hands in the mix. The Sunni Arab insurgents who overthrew Assad did so with vital help from Turkey, a longtime foe of the U.S.-backed Kurds . Turkey controls a strip of Syrian territory along the shared border and backs an insurgent faction uneasily allied to HTS — and is deeply opposed to any gains by Syria's Kurds. In other developments, Turkish Foreign Minister Hakan Fidan said Turkey’s Embassy in Damascus would reopen Saturday for the first time since 2012, when it closed due to the Syrian civil war. The U.S. has troops in eastern Syria to combat remnants of the Islamic State group and supports Kurdish-led fighters who rule most of the east. Since Assad's fall, Israel has bombed sites all over Syria, saying it is trying to prevent weapons from falling into extremist hands. It has also seized a swath of southern Syria along the border with the Israeli-occupied Golan Heights, calling it a buffer zone. After talks with Fidan, Blinken said there was “broad agreement” between Turkey and the U.S. on what they would like to see in Syria. That starts with an "interim government in Syria, one that is inclusive and non-sectarian and one that protects the rights of minorities and women” and does not “pose any kind of threat to any of Syria’s neighbors,” Blinken said. Fidan said the priority was “establishing stability in Syria as soon as possible, preventing terrorism from gaining ground, and ensuring that IS and the PKK aren’t dominant” — referring to the Islamic State group and the Kurdistan Workers Party. Ankara considers the PKK within Turkey's borders a terrorist group, as it does the Kurdish-backed forces in Syria backed by the U.S. A U.S. official said that in Ankara, President Recep Tayyip Erdogan and Fidan both told Blinken that Kurdish attacks on Turkish positions would require a response. The official spoke to reporters on condition of anonymity to discuss private diplomatic talks. The U.S. has been trying to limit such incidents in recent days and had helped organize an agreement to prevent confrontations around the northern Syrian town of Manbij, which was taken by Turkey-backed opposition fighters from the U.S.-backed Kurdish forces earlier this week. In Baghdad, Blinken met with Iraqi Prime Minister Mohammed al-Sudani, saying both countries wanted to ensure the Islamic State group — also known by its Arabic acronym Daesh — doesn't exploit Syria's transition to re-emerge. “Having put Daesh back in its box, we can’t let it out, and we’re determined to make sure that that doesn’t happen," Blinken said. The U.S. official who briefed reporters said that Blinken had impressed upon al-Sudani the importance of Iraq exercising its full sovereignty over its territory and airspace to stop Iran from transporting weapons and equipment to Syria, either for Assad supporters or onward to the militant Hezbollah group in Lebanon. ___ Lee reported from Ankara, Turkey. Associated Press writers Suzan Fraser in Ankara and Sally Abou AlJoud in Beirut contributed to this report. Albert Aji And Matthew Lee, The Associated PressNEW YORK (AP) — If anybody knows Deion Sanders' mind, it might be Travis Hunter. And the two-way Colorado star says Coach Prime is indeed staying put with the Buffaloes. “I got a lot of insight. He ain’t going nowhere. He’s going to be right where he's at right now,” Hunter said Friday in Manhattan, where he's a heavy favorite to win the Heisman Trophy on Saturday night. In his second season at the school, Sanders coached No. 20 Colorado to a 9-3 record this year and its first bowl bid since 2020. Hunter, Sanders and the Buffaloes will face No. 17 BYU (10-2) in the Alamo Bowl on Dec. 28. Sanders' success and popularity in Boulder has led to speculation the flashy and outspoken former NFL star might seek or accept a coaching job elsewhere this offseason. Sanders, however, has dismissed such talk himself. Hunter followed Sanders from Jackson State, an HBCU that plays in the lower level FCS, to the Rocky Mountains and has already racked up a staggering string of individual accolades this week, including The Associated Press player of the year. The junior wide receiver and cornerback plans to enter the 2025 NFL draft and is expected to be a top-five pick — perhaps even No. 1 overall. But he backed up assertions from Sanders and his son, star Colorado quarterback Shedeur Sanders, that both will play in the Alamo Bowl rather than skip the game to prepare for the draft and prevent any possible injury. “It's definitely important because, you know, I started this thing with Coach Prime and Shedeur and most of the coaches on the coaching staff, so I want to finish it off right,” Hunter said. "I didn't give them a full season my first year (because of injury), so I'm going to go ahead and end this thing off right. It's going to be our last game together, so I'm going to go out there and dominate and show the loyalty that I have for him. “Definitely looking forward to it. I'm just excited to go out there and play football one more time before the offseason.” Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballBritain is failing to prepare itself for war with Russia, top general warns
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