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2025-01-12
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Title: Clear Economic Policy Orientation for Next Year: Strengthening Unconventional Countercyclical Adjustment

AUSTIN, Texas — Elon Musk has secured a permit to officially open his new Montessori school in Bastrop County. The permit was issued last week and officially allows the school, named Ad Astra, to begin teaching. The school's curriculum is focused on STEM-based education (Science, Technology, Engineering and Math) for children between the ages of 3 and 9. It is the first of many schools Musk hopes to open, which include multiple K-through-12 schools and a college. Ad Astra is a Latin phrase that translates as "to the stars." According to its website , the school's mission is to "foster curiosity, creativity and critical thinking in the next generation of problem solvers and builders." "Ad Astra School admits students based on merit, regardless of any race, color, national and ethnic origin to all the rights, privileges, programs, and activities generally accorded or made available to students at the school," the school's website reads. The website further states that the school is centered on hands-on and project-based learning, where children are encouraged to explore, experiment and discover solutions to real-world problems. It also states that it will "tailor learning experiences to each child's unique needs, pace and interests." Ad Astra is the latest Musk-owned property to make its way to Central Texas, along with SpaceX, Tesla, The Boring Company, Neuralink and, most recently, the social media platform X . The South African billionaire also relocated the headquarters of SpaceX from Hawthorne, California, to to the Brownsville area. The permit means the school can now enroll around 24 students, but will start with 16.Shockwaves are reverberating through the e-bike industry in Canada and the United States after a year that saw several prominent brands declare bankruptcy or stop selling in the North American market, citing an inability to compete in an increasingly consolidated environment. Experts say changes that followed the industry’s unprecedented pandemic boom – from a rise in factory direct sales to rapidly evolving technology – have been devastating for independent brands. Vancouver-based DOST Bikes, California-based Juiced Bikes and iGO Electric of Montreal all declared bankruptcy or went into receivership within roughly the past year. Even global brands such as Japanese motor sports giant Yamaha Motor Co. Ltd. and Swiss company Stromer recently announced they were pulling their out of North America, citing a softened market. The speed and comfort of e-bikes set them apart from traditional bicycles, opening up the age-old mode of transport to a wider range of users. From delivery people to commuters, the resounding sentiment from most e-bike fans is it’s fun to go fast and the power assist makes long trips so much easier. In Canada, the federal standard for an e-bike’s maximum speed is 32 km/h, and range varies from about 50 to 100 kilometres. The pandemic saw e-bike sales soar, as consumers with extra time and pent-up energy splurged on devices to stay active outdoors. In 2022, the Canadian market was worth about $240-million, with about 70,000 e-bikes sold that year, according to Rize Bikes. By 2025, Rize estimates the market will reach $345-million, with more than 100,000 bikes sold annually. Prices range from $14,000 for a Stromer bike to $3,100 for an ENVO and just $600 on Amazon.com Inc. for a bike from an overseas manufacturer. But makers and retailers say the domestic industry is flatlining. While it’s nowhere near taking its last breath, the changing landscape is forcing local brands to carve out a niche for themselves just to survive, in a market that has become dominated by cheap, direct-to-consumer sales. Sam Atakhanov, the founder of multiple e-bike startups, launched DOST Bikes in 2019 – just before the industry took off. “Things were going normal. Then there was that chain of events that happened over the last few years that really crippled our industry,” he said. For Mr. Atakhanov, it all began with Apple’s release of the iOS 14 operating system in September, 2020. The update affected advertisers’ ability to reach their target audiences, which meant Mr. Atakhanov’s ads on Google weren’t working as well as they used to. Then, pandemic supply-chain disruptions threw a wrench into his company’s cash flow, bumping manufacturing lead times from three months to a year, he said. “We’re sitting here with no stock for nearly a year before the money comes in, so we’re living off of lines of credit, our own cash, investment capital. We’re digging ourselves a hole,” he said. While supply chains improved by 2022, Mr. Atakhanov said rising interest rates and a receding customer base were some of the final blows dealt to his business. Retailers had rushed to double their stock during the pandemic, but the high demand disappeared almost as quickly as it came. “Then it’s a vicious cycle, race to the bottom, everybody’s trying to offload,” Mr. Atakhanov said. The last straw for DOST Bikes was when e-bike factories overseas began bypassing local companies, like DOST, to sell directly to North American consumers, Mr. Atakhanov said. “When that happened, our value proposition for all that great design, branding, marketing, all that just went right out the window because a factory can sell for half the price.” DOST Bikes filed for insolvency in December, 2023. “It was death by a thousand cuts,” Mr. Atakhanov said. And it wasn’t unique to DOST, said Haseeb Javed, a member of the product and engineering team at electric mobility company ENVO Drive Systems in Vancouver. He conducts industry research to determine what causes companies to fail and said most of them have a story similar to DOST’s. Based upon his research, Mr. Javed said ENVO has been very careful to diversify where its products are sold so it’s not reliant on a single revenue stream. For example, the company sells through Costco Wholesale Corp., storefronts and direct to consumers online. ENVO also sells more than just e-bikes, with e-scooters, water bikes with pontoons and snow bikes with skis also in its repertoire. Mr. Javed said this helps with the company’s brand awareness. “Some business models are better for this market. But ultimately, I believe that anyone who survived, either you need to be a Chinese factory who is selling at very low margins or you need to have differentiation,” he said. Kevin McLaughlin, the CEO of Zygg E-Bikes, which operates in Toronto and Vancouver, said 2024 has been a challenging year for his subscription-based company. At Zygg, customers can rent or buy new and used e-bikes, a model that sets the company apart from stores that only sell new bikes. He said Zygg is a popular choice with food delivery workers. At the peak of the pandemic, Zygg did about $2.5-million a year in sales. This year, revenues will come in under $2-million. Amid the technological evolution of e-bikes, Mr. McLaughlin said he’s scrambling to modernize his fleet. And bikes that he bought at $2,000 and once sold for $3,000 now have a markup of just $400. “There’s enormous downward pressure,” he said. Mr. Atakhanov said his company has also had to compete with bigger brands that can afford to innovate – and market those innovations – at a much faster pace. For example, tech company DJI created an e-bike drive system that can connect to a user’s smartphone, allowing them to control things such as their bike’s lock status or power assist through an app. “My product, all of a sudden, over the weekend, looks like it’s last year’s model,” he said. While smaller companies may be struggling to keep up, the prevailing sentiment among industry players is that demand for such micromobility devices isn’t going away. Michael Pasquali, the founder of the Canadian Electric Bike Association, said people are going to continue to buy e-bikes even if the industry never again reaches the heights it did during the pandemic.

Xiaomi Automotive Announces SUV Model Xiaomi YU7, Expected to be Launched in June or July Next YearPro-Palestine Rioters in Montreal Set Cars Ablaze, Smash Windows as NATO Meeting UnderwayThe record date for the Special Meeting is December 6, 2024 . For assistance with voting your shares, please contact Advantage Proxy, Inc. toll-free at 1-877-870-8565 or by e-mail at ksmith@advantageproxy.com . Nuvve asks that all shareholders vote their proxy, no matter how many shares they own. Nuvve strongly encourages all its shareholders to read the company's definitive proxy statement on Schedule 14A, filed with the Securities and Exchange Commission (the "SEC") on December 16, 2025 (the "Proxy Statement"), which are available free of charge on the SEC's website at www.sec.gov . About Nuvve Nuvve (Nasdaq: NVVE) is a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform. Nuvve's mission is to lower the cost of electric vehicle ownership while supporting the integration of renewable energy sources, including solar and wind. For more information, please visit nuvve.com . Nuvve Investor Contact investorrelations@nuvve.com +1 (619) 483-3448 Nuvve Press Contacts press@nuvve.com +1 (619) 483-3448 Nuvve Forward Looking Statements This press release contains forward-looking statements or forward-looking information within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of forward-looking terms such as "may," "will," "expects," "believes," "aims," "anticipates," "plans," "looking forward to," "estimates," "projects," "assumes," "guides," "targets," "forecasts," "continue," "seeks" or the negatives of such terms or other variations on such terms or comparable terminology, although not all forward-looking statements contain such identifying words. Forward-looking statements include, but are not limited to, statements concerning the Company's expectations, plans, intentions, strategies, prospects, business plans, product and service offerings, new product launches, potential clinical successes, and other statements that are not historical facts. Nuvve cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Nuvve. Such statements are based upon the current beliefs and expectations of management and are subject to significant risks and uncertainties that could cause actual outcomes and results to differ materially. Some of these risks and uncertainties can be found in Nuvve's most recent Annual Report on Form 10-K and subsequent periodic reports filed with the Securities and Exchange Commission (SEC). Copies of these filings are available online at www.sec.gov , http://investors.nuvve.com/ or on request from Nuvve. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in the Nuvve's filings with the SEC. Such forward-looking statements speak only as of the date made, and Nuvve disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers of this press release are cautioned not to place undue reliance on these forward-looking statements, since there can be no assurance that these forward-looking statements will prove to be accurate. This cautionary statement is applicable to all forward-looking statements contained in this press release. View original content to download multimedia: https://www.prnewswire.com/news-releases/nuvve-holding-corp--announces-date-of-special-meeting-of-stockholders-302338578.html SOURCE Nuvve Holding Corp.

Looking ahead, it is evident that Dong Yuhui's business empire will continue to thrive and expand, driven by his entrepreneurial spirit and determination to make a positive impact on society. Despite the challenges he has faced, Dong Yuhui remains a beacon of inspiration for aspiring entrepreneurs and a shining example of how resilience, integrity, and vision can lead to success in the ever-evolving world of business.AP News Summary at 6:13 p.m. EST

Rhode Island beats Bryant 35-21 to claim its first Coastal Athletic Association title

Trump again calls to buy Greenland after eyeing Canada and the Panama CanalRhode Island beats Bryant 35-21 to claim its first Coastal Athletic Association title

MANCHESTER, England -- When does a blip become a crisis? 's losing run went from four games to five against , who at the Etihad Stadium in a blistering display of counter-attacking football. With players back from injury and doubts about manager Pep Guardiola's future put to bed with a new contract, the international break was supposed to be something of a reset for City. Instead, Spurs exposed the champions' defensive vulnerability -- thanks in large part to a majestic performance from -- while had an off day at the other end. It's too early to write off Guardiola's team in a title race that hasn't even started, but the Catalan coach is now further into uncharted territory. Never before has he lost five consecutive games as a manager and never before has he lost three straight games as City boss. They're not quite the records he's used to setting. "When you lose 4-0, there is nothing to say but to congratulate Tottenham," said Guardiola. "We are a bit fragile right now, that is obvious. We struggled to score goals and after when they arrived they scored. We are playing a little bit in our thoughts, a little bit of negativity but this is normal." At first, everything seemed right in City's world. The home fans gave a standing ovation as he showed off his Ballon d'Or for the first time. And as kickoff approached, they began to sing in appreciation of Guardiola, . For 10 minutes, City were dominant. Haaland had two golden chances to score and it felt like only a matter of time before the Spurs goal would be breached and the floodgates would open. But maybe this isn't the same team. Maybe it's unfair to expect them to be with Rodri -- the lynchpin in midfield -- sat in the stands rather than on the pitch. With everyone expecting an imminent Spurs collapse, it was performed, instead, by City. There were nearly 15 minutes on the clock before the visitors had control of the ball long enough to think about venturing forward. When they did, it was executed with pace and precision. Kulusevski might never hit a better pass than the one which guided in with a close-range volley to score his first of the night on his 28th birthday. forced a fantastic full-stretch save from and then gave the birthday boy his gift with a clever reverse pass to set up Maddison's second in seven minutes. In the pouring Manchester rain, Guardiola took off his coat as if to send a message to his players that it was time to roll up their sleeves. In January 2023, Spurs went 2-0 up at the Etihad before City roared back to . There was no response this time. scored a third just after half-time and substitute added a fourth in injury time to put the exclamation point on a resounding victory. It was City's first defeat at the Etihad for more than two years and their largest home defeat in the league since losing 5-1 to in February 2003. "You don't come to a place like this thinking it's going to be as convincing as it was for us," said manager Ange Postecoglou, who was without first-choice centre-back pairing and . "City test you in every way. We got to a really strong level today. Credit to the lads because I thought they were outstanding. We knew we'd have to weather the storm which we did. It's significant because they've got an unbelievable record at home." For the first time in a long time, Guardiola has issues to solve. Without Rodri and injured understudy , City's midfield of , and were trampled into the floor by and . Gündogan was particularly poor. He simply couldn't keep up with the speed of the Spurs' attacks, although he wasn't alone in that. has looked a shadow of himself this season and he won't want to watch a reply of flying past him to set up the fourth goal. City have now conceded 14 goals in their last five games and it would have been worse if Ederson had not made three good saves. In six home league games so far this season, City have conceded the first goal in four. Guardiola will hope that -- who has missed the last five games through injury -- can return soon, but there was a further blow when , starting a Premier League game for the first time in more than a month, was forced off at half-time. City have a chance to break their losing run against in the on Tuesday. Next up in the league is a daunting trip to Anfield on Sunday. "It's a great game to turn it around, to take three points off the team that's sat above you," said Walker. "But we can't go out there and do a performance like that [against Tottenham], because we're going to get walked over there." "We have to break the results because the victories help us to be more positive and confident and we have to do it," Guardiola added. "We cannot run away, we have to face it and try to make the next game." After a bruising run, at Anfield offers the chance to prove the doubters wrong. Or, possibly, cast City further into the mire.

2. Colon Cleanses: Colon cleanses are another popular health trend that claim to detoxify your colon and improve your overall health. However, there is little scientific evidence to support the effectiveness of colon cleanses, and they can cause adverse side effects such as dehydration, electrolyte imbalances, and disruption of the gut microbiome. Your colon is designed to eliminate waste on its own, so there is no need for invasive procedures or harsh cleanses to maintain its health.Public health officials have also issued a warning to residents and visitors to remain vigilant and report any similar symptoms or concerns related to other bath centers in the area. It is essential for individuals to prioritize their health and safety when visiting public facilities and to report any signs of potential hazards or risks to the authorities.

Romanian lawmakers narrowly approve new pro-European coalition during period of political turmoil

Gun found on suspect in killing of UnitedHealthcare CEO matches shell casings at scene, police say ALTOONA, Pa. (AP) — New York City’s police commissioner says the gun found on the suspect in the killing of UnitedHealthcare’s CEO matches shell casings found at the crime scene. Commissioner Jessica Tisch also said Wednesday that lab results matched suspect Luigi Mangione’s prints to a water bottle and a snack bar wrapper found near the scene of the killing. Police had said earlier that they believed the gunman bought the items at a nearby coffee shop while awaiting his target. Mangione is jailed in Pennsylvania on weapon and forgery charges, but he also has been charged in New York with murder in Brian Thompson's death. His lawyer has noted that Mangione is presumed innocent. Authorities are scrutinizing evidence and the suspect’s experiences with the health care industry. Arguments over whether Luigi Mangione is a 'hero' offer a glimpse into an unusual American moment Memes and online posts in support of 26-year-old Luigi Mangione, who's charged with killing UnitedHealthcare's CEO, have mushroomed online. Some cast Mangione as a hero. That's too far, says Pennsylvania Gov. Josh Shapiro, a rising Democrat who was almost the Democratic vice presidential nominee this year. CEO Brian Thompson's death touched off off these ripples. They offer a glimpse into how so many different aspects of 21st-century life can be surreally connected, from public violence to politics, from health care to humor, or attempts at it. FBI Director Wray says he intends to resign before Trump takes office in January WASHINGTON (AP) — FBI Director Christopher Wray says he plans to resign at the end of President Joe Biden’s term in January. The announcement Wednesday comes a week and a half after President-elect Donald Trump announced his intention to nominate loyalist Kash Patel for the position. His impending resignation will bring him three years short of the completion of a 10-year term during which he tried to keep the FBI out of politics even as the bureau found itself entangled in a string of explosive investigations. Trump applauded the news Wednesday, saying it will end the weaponization of what he called the “Department of Injustice.” Donald Trump will ring the New York Stock Exchange bell as he's named Time's Person of the Year NEW YORK (AP) — President-elect Donald Trump is expected to ring the opening bell at the New York Stock Exchange for the first time and be named Time magazine's Person of the Year. Thursday's events will be a notable moment of twin recognitions for Trump, a born-and-bred New Yorker who has long seen praise from the business world and media as a sign of success. Four people with knowledge of his plans told The Associated Press that Trump was expected to be on Wall Street on Thursday to mark the ceremonial start of the day's trading, while a person familiar with the selection confirmed that Trump had been selected as Time's Person of the Year. The Trump and Biden teams insist they're working hand in glove on foreign crises WASHINGTON (AP) — President-elect Donald Trump doesn’t think much of Joe Biden’s foreign policy record. He frequently casts the outgoing Democratic president as a feckless leader who shredded American credibility around the world during his four-year term. But the Trump and Biden national security teams have come to an understanding that they have no choice but to work together as conflicts in Gaza, Syria and Ukraine have left a significant swath of the world on a knife’s edge. It’s fuzzy how much common ground Biden and Trump’s teams have found as they navigate crises that threaten to cause more global upheaval as Trump prepares to settle back into the White House. Syrians flock to morgues looking for loved ones who perished in Assad's prisons DAMASCUS (AP) — Many bodies have been found in Syrian detention centers and prisons since President Bashar al-Assad's government fell. Now Syrians around the world are circulating images of the corpses in hopes that they will see slain loved ones whose fate had been a mystery. At the morgue visited by The Associated Press on Wednesday in Damascus, families flocked to a wall where some of the pictures were pinned in a haunting gallery of the dead. Relatives desperately scanned the images for a recognizable face. Some of the prisoners died just weeks ago. Others perished months earlier. US warns Russia may be ready to use new lethal missile against Ukraine again in 'coming days' WASHINGTON (AP) — The Pentagon says Russia could launch its lethal new intermediate-range ballistic missile against Ukraine again soon. Pentagon spokeswoman Sabrina Singh cited a U.S. intelligence assessment in telling reporters on Wednesday that an attack could come “in the coming days.” She says the U.S. does not consider the Oreshnik missile a game changer on the battlefield. But that Russia is using the weapon to intimidate Ukraine as both sides wrestle for an advantage that will give them leverage in any negotiations to end the war. The Russian Defense Ministry also is warning it may retaliate against Kyiv for an attack on a military base in the Rostov region in southern Russia on Wednesday. Israeli strikes on Gaza kill at least 33 including children, Palestinian medics say DEIR AL-BALAH, Gaza Strip (AP) — Palestinian medical officials say Israeli strikes on the Gaza Strip have killed at least 33 people. One of the strikes hit a home where displaced people were sheltering in the isolated north, killing 19. A separate strike outside nearby Kamal Adwan Hospital killed a woman and her two children, and another strike in central Gaza killed at least seven people. Israel's military says it tries to avoid harming civilians and accuses militants of hiding among them, putting their lives in danger. Local health officials say Israel’s retaliatory offensive after the Hamas attack on Oct. 7, 2023 has killed over 44,000 Palestinians in Gaza. Hannah Kobayashi, missing Hawaii woman whose disappearance prompted a massive search, is found safe LOS ANGELES (AP) — Hannah Kobayashi has been found safe. That’s according to the Los Angeles Police Department. Kobayashi vanished last month in Los Angeles. The missing Hawaii woman's disappearance prompted a massive search and a missing persons investigation. It was not immediately clear where she was found, but police previously said she had voluntarily crossed the border into Mexico. The LAPD said Wednesday the department will wrap up its investigation. Kobayashi's family reported her missing to law enforcement on Nov. 11 after relatives received “strange and cryptic, just alarming” text messages. Kobayashi’s mother and sister said they are “grateful” she has been found safe. Saudi Arabia will host the 2034 World Cup. But when exactly? ZURICH (AP) — Saudi Arabia scored a major win in its campaign to attract major sports events to the kingdom when it was formally appointed as the 2034 World Cup host on Wednesday. Still, many questions remain about the tournament. Key issues include during which part of the year to stage the tournament, where to play the games, whether alcohol will be allowed at all and how to protect workers rights in the massive construction projects required to host the World Cup.

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