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NEW YORK (AP) — U.S. stock indexes drifted amid mixed trading Monday, ahead of this week’s upcoming meeting by the Federal Reserve that could set Wall Street’s direction into next year. The S&P 500 rose 0.4%, coming off its first losing week in the last four . The Nasdaq composite climbed 1.2% to a record, while the Dow Jones Industrial Average was a laggard and fell 110 points, or 0.3%. Broadcom leaped 11.2% to help lead the S&P 500 for a second straight day after delivering a profit report last week that beat analysts’ expectations. The technology company is riding a wave of enthusiasm about its artificial-intelligence offerings in particular. The market’s main event, though, will arrive on Wednesday when the Federal Reserve will announce its last move on interest rates for the year. The widespread expectation is that it will cut its main rate for a third straight time, as it tries to boost the slowing job market after getting inflation nearly all the way down to its target of 2%. The question is how much more it will cut rates next year, and Fed officials will release projections for where they see the federal funds rate ending 2025, along with other economic indicators, once their meeting concludes. Fed Chair Jerome Powell will also answer questions in a press conference following the meeting. For now, the general expectation among traders is that the Fed may cut a couple more times in 2025, according to data from CME Group. But such expectations have been shrinking following reports suggesting inflation may be tougher to get all the way down to 2% from here. Besides last month’s slight acceleration in inflation, another worry is that President-elect Donald Trump’s preferences for tariffs and other policies could lead to higher inflation down the line. Goldman Sachs economist David Mericle has dropped his earlier forecast of a cut by the Fed in January, for example. Beyond the possibility of tariffs, he said Fed officials may also want to slow their cuts because of uncertainty about exactly how low rates need to go so that they no longer press the brakes on the economy. Expectations for a series of cuts to rates by the Fed have been one of the main reasons the S&P 500 has set an all-time high 57 times so far this year and is heading for one of its best years of the millennium . The economy has held up better than many feared, continuing to grow even after the Fed hiked the federal funds rate to a two-decade high in hopes of grinding down on inflation, which topped 9% two summers ago. On Wall Street, MicroStrategy jumped as much as 7% during the day as it continues to benefit from the surging price for bitcoin , which set another all-time high. But its stock ended the day down by les than 0.1% after bitcoin’s price pulled back below $106,000 after setting a record above $107,700, according to CoinDesk. The software company has been building its hoard of the cryptocurrency, and its stock price has more than sextupled this year. It will also soon join the Nasdaq 100 index. Bitcoin’s price has catapulted from roughly $44,000 at the start of the year, riding a recent wave of enthusiasm that Trump will create a system that’s more favorable to digital currencies . Honeywell rose 3.7% after saying it’s still considering a spin-off or sale of its aerospace business, as part of a review of its overall business. It said it plans to give an update with the release of its fourth-quarter results. They helped offset a drop for Nvidia, whose chips are powering much of the world’s move into AI. Its stock fell 1.7%. Because it’s grown so massive, with a total value topping $3 trillion, it was the single heaviest weight on the S&P 500. All told, the S&P 500 rose 22.99 points to 6,074.08. The Dow Jones Industrial Average fell 110.58 to 43,717.48, and the Nasdaq composite rose 247.17 to 20,173.89. In the bond market, Treasury yields held relatively steady. The yield on the 10-year Treasury edged down to 4.39% from 4.40% late Friday. The two-year yield, which more closely tracks expectations for the Fed, eased to 4.24% from 4.25%. In stock markets abroad, indexes fell modestly across much of Europe and Asia. They sank 0.9% in Hong Kong and 0.2% in Shanghai after China reported lackluster economic indicators for November despite attempts to strengthen the world’s second-largest economy. South Korea’s Kospi fell 0.2% as law enforcement authorities pushed to summon impeached President Yoon Suk Yeol for questioning over his short-lived martial law decree, and the Constitutional Court met to discuss whether to remove him from office or reinstate him. AP Business Writer Elaine Kurtenbach contributed.Trump’s lawyers rebuff DA’s idea for upholding his hush money conviction, calling it ‘absurd’
A different missile to Oreshnik, the Yars intercontinental ballistic missile, is test-fired from the Plesetsk launch pad in north-western Russia in March 2024 Associated Press/Alamy Stock Photo On 21 November a new Russian weapon hit the Ukrainian city of Dnipro, with 36 projectiles descending at high velocity like meteors through the clouds. Russia’s president Vladimir Putin said this was the first test of a new ballistic missile called Oreshnik and that more would follow. Ukraine is seeking ways to neutralise the threat. While it has stopped other Russian attacks, including short-range ballistic missiles, this one will be more challenging. Like...Bayan al-Hinnawi, who spent years behind bars in Bashar al-Assad's Syria, joined crowds in the heartland of the Druze minority on Friday to celebrate the president's fall, "a dream" come true for the former prisoner. Hundreds of people descended on Sweida's main square, singing and clapping in jubilation, just days after Islamist-led rebels took the capital Damascus, sending Assad fleeing. The Druze-majority city in Syria's south has been a focal point of renewed anti-government demonstrations over the past year and a half. On Friday, residents waved Syria's pre-Assad flag of white, green and black with three stars, and raised olive branches in a sign of peace. Some of them have lost family members during the anti-government uprising that began in 2011 and spiralled into civil war. Others, like Hinnawi, had languished in prison under the Assad family's five-decade rule. "It was a dream," said 77-year-old Hinnawi of Assad's ouster. Decades ago, a few years after Hafez al-Assad seized power -- which he later handed over to his son Bashar -- a 23-year-old Hinnawi was jailed. He was released 17 years later. The grey-haired man said he had "dreamed that one day the regime would fall", but did not believe that he would live to see the day. "It's a wonderful sight. Nobody could have imagined that this could happen", he said. But his joy was incomplete, remembering the many who have died in jail. "I wish that those who died when I was imprisoned in Mazzeh or Saydnaya could see this scene," said Hinnawi. Since Assad's fall, rebel forces and residents have broken into both detention centres, freeing political prisoners and searching for long-missing loved ones. Activists and rights groups say the Assad government tortured and abused inmates at both facilities. "I got out when I was 40, I missed out of my whole life," said Hinnawi, who served in the Syrian army before being jailed. Recalling torture behind bars, he said that "no oppressor in history has done what they did to us." Since Sunday, the ousted government's security forces were nowhere to be seen in Sweida, and the office of Assad's Baath party has been abandoned, as have army checkpoints on the road to Damascus. Local armed men are present, but not the Islamist group Hayat Tahrir al-Sham which spearheaded the rebel offensive against Assad. Siham Zein al-Din, who lost her son in 2014 after he defected from the national army to join rebel fighters, said he had "sacrificed his life... for freedom, for dignity". The family was still searching for Khaldun's remains, said his 60-year-old mother. Like her son, some members of the Druze community took up arms against Assad's forces during the war. Beyond defending themselves from attacks in the areas where they live, Syria's Druze largely stayed on the sidelines of the civil war. Many managed to avoid compulsory conscription since 2011. Residents of Sweida have long complained of discrimination and the lack of basic services. Many buildings in the city are constructed from black volcanic stone that can be found in the area, and its roads have fallen into disrepair. Sheikh Marwan Hussein Rizk, a religious leader, said that "Sweida province has been marginalised" for decades, with most of its residents living in poverty. But, surrounded by the joyful protesters, Rizk said better days may be coming. "Today, we look to the future and ask for a helping hand... Our hand is extended to all Syrians." Next to him, resident Hussein Bondok held up a poster of his brother Nasser, a journalist and opposition activist who was last heard from in 2014 when he was arrested. Bondok, 54, said he believes his brother was likely killed under torture in one of Damascus's prisons. Nasser struggled for freedom, Bondok said. "I want to congratulate him now, because the seeds he had planted with his brothers-in-arms has become a tree."
Singapore, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (Nasdaq: WBUY) ("Webuy” or the "Company”), a Southeast Asian community e-commerce innovator, today announced that it entered into a securities purchase agreement with certain institutional investors to purchase approximately 21,013,239 Class A ordinary shares (or Class A ordinary share equivalents in lieu thereof) in a registered direct offering at a purchase price of $0.1756 per share. The gross proceeds to the Company from the registered direct offering are estimated to be approximately $3.7 million, before deducting the placement agent's fees and other estimated offering expenses. The offering is expected to close on or about December 17, 2024, subject to the satisfaction of customary closing conditions. D. Boral Capital LLC is acting as exclusive placement agent for the offering. The proposed offering of the securities described above is being offered by the Company pursuant to a "shelf” registration statement on Form F-3 (File No. 333-283356) filed with the Securities and Exchange Commission (SEC) and declared effective by the SEC on December 3, 2024, and the accompanying prospectus contained therein. The offering is being made only by means of a prospectus supplement and accompanying prospectus. The prospectus supplement describing the terms of the public offering will be filed with the SEC prior to the closing and will form a part of the effective registration statement. Copies of the prospectus supplement and the accompanying prospectus relating to this offering may be obtained, when available, on the SEC's website at http://www.sec.gov or by contacting D. Boral Capital LLC Attention: Syndicate Department, 590 Madison Avenue, 39th Floor, New York, NY 10022, by email at [email protected] , or by telephone at (212) 970-5150. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Webuy Global Ltd Webuy Global Ltd. (Nasdaq: WBUY) is a forward-thinking, technology-driven company aimed at becoming the leading e-commerce and travel platform in Southeast Asia. Leveraging advanced AI technologies, the Company enhances its 'group buy' model by providing personalized recommendations, predictive demand analytics, and seamless community interactions. In addition, Webuy integrates AI-powered travel solutions, such as its proprietary AI Travel Consultant, to deliver personalized itineraries, group travel planning, and real-time support. These innovations streamline the traditional supply chain, foster a community-driven shopping experience, and simplify travel planning for its users. Webuy is committed to improving the lives of millions of families in Southeast Asia with high-quality, affordable products, services, and travel experiences. For more information, visit http://webuy.global . Forward-Looking Statements This press release contains forward-looking statements regarding the Company's current expectations. These statements are not guarantees of future performance and are subject to certain risks and uncertainties described more fully in the Company's filings with the SEC. Forward-looking statements are made as of this date, and the Company undertakes no duty to update them, except as required by law. CONTACT: Webuy Global Ltd. Email: [email protected]President-elect Donald Trump’s pick for Treasury secretary operates a hedge fund that reaped a massive windfall two years ago — even as global markets sagged under the punishing weight of inflation, according to a report. Scott Bessent’s investment firm Key Square Capital saw its flagship fund score a 29% return in 2022 by betting that high rates of inflation would persist longer than what the Federal Reserve predicted. By contrast, the S&P 500 — the stock market index that tracks the performance of 500 of the largest publicly traded companies in the US — fell 18% that year, when the annual inflation rate rose to a whopping 8.3%, the highest since 1981. Key Square Capital’s strategy at the time was to short fixed-income assets and tech stocks that were generating low revenue, according to the Financial Times. “Scott is very cerebral and a global opportunist who does best when there is chaos,” a person close to Bessent told FT. “He can play multiple [financial] instruments in order to position himself on top of the rest ... during peaceful times he can struggle to find a winning angle.” Bessent’s hedge fund has also raked in double-digit-percentage profit so far this year, according to Reuters. Key Square Capital this year made successful bets that the stock market and the US dollar would rise. But the hedge fund has also experienced lean years under Bessent’s leadership. Bessent, who was George Soros’ money manager when the left-leaning, Hungarian-born financier became a billionaire by shorting the British pound during the 1992 “Black Wednesday” sterling crisis , founded Key Square in late 2015. The company quickly raised $4.5 billion — which included $2 billion from Soros. During its first year, Key Square’s flagship fund scored a 13% return on its investments, according to Reuters. The hedge fund correctly wagered that the British pound would decline in the wake of the “Brexit” vote that led to the United Kingdom’s departure from the European Union. Key Square also turned a profit when the hedge fund rightly predicted that Trump would win the 2016 presidential election — a development that sent US stocks and the dollar surging. But Key Square ended up losing 7% in 2017 and then either lost money or broke even from 2018 until 2021, Reuters reported. One investor told FT that Bessent was “nowhere near” the status of big-name Wall Street fund managers such as ex-Soros deputy Stanley Druckenmiller, Paul Tudor Jones or Louis Bacon. “If he had done really well as a hedge fund manager, then his business would be at a size where he couldn’t or wouldn’t take a post in government,” the investor told FT. Reuters cited a source as saying that the hedge fund gained double digits in both 2023 and 2024 and was up “double digits” over its history. The inconsistent performance apparently scared off potential clients. As a result, assets under management shrank from a high of around $5.1 billion at the end of 2017 to $577 million as of December last year, according to regulatory disclosures tracked by Convergence Inc. Aside from hedge funds, Key Square offers other financial services including an advisory business for family offices, foundations and endowments as well as a spin-out firm, Ghisallo Capital, which is said to be worth $3.4 billion. Brevan Howard Asset Management, the $34 billion macro hedge fund manager co-founded by British billionaire Alan Howard, is a longtime client of Key Square. “Scott is one of the best macro investors in the world,” a spokesperson for Brevan Howard told Reuters. “His understanding of markets, public policy, and the global economy is largely unmatched.” Semafor previously reported that selective Key Square performance numbers were being shared around Wall Street chats as Bessent competed for the coveted post of Treasury Secretary. The report did not reveal the numbers shared. The Post has sought comment from Key Square.Kuwait City, Dec 21 (IANS): Prime Minister Narendra Modi on Saturday interacted with a cross-section of Indian workers during his visit to a labour camp in Mina Abdullah area of Kuwait, his first official programme after arriving in the West Asian nation on a historic visit, earlier in the day. The labour camp has a workforce of around 1500 Indian nationals hailing from different states of India. During the interaction, Prime Minister Modi enquired about the well-being of Indian workers and discussed various welfare schemes initiated by the Indian government over the past 10 years. "The visit to the labour camp is symbolic of the importance attached by the Prime Minister to the welfare of Indian workers abroad. In the last few years, the government has undertaken several technology-based initiatives such as E-Migrate portal, MADAD portal and upgraded Pravasi Bharatiya Bima Yojana for the welfare of Indian workers abroad," said the Prime Minister's Office (PMO) after the visit. The government led by PM Modi remains at the forefront in providing unwavering support to its nationals at times of their need and PM's visit to the camp on Saturday assumes significance, especially after the fire tragedy at a labour housing facility in the Mangaf area of Kuwait City in June this year which resulted in deaths of dozens of Indian workers. Within hours of assuming charge, Minister of State for External Affairs Kirtivardhan Singh was sent to Kuwait on the direction of Prime Minister Modi who was himself keeping track of rescue efforts on June 12 despite major political developments at home, including swearing-in ceremonies of governments in Andhra Pradesh and Odisha. The Indian Embassy in Kuwait has been working in a mission mode since the tragic incident, constantly checking safety measures at the labour camps and places where Indian workers are staying. Earlier in the day, PM Modi arrived in Kuwait Saturday afternoon, becoming the first Indian Prime Minister to visit the Gulf nation in 43 years. The PM received a grand welcome upon his arrival as he began his historic two-day visit, which is expected to take India's close ties with the Gulf countries to another level, at the invitation of the Amir of the State of Kuwait, Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah. Later, as he arrived at the hotel, PM received a rousing welcome by the Indian community. "Received a heartwarming welcome from the vibrant Indian diaspora in Kuwait. Their energy, love and unwavering connection to India are truly inspiring. Grateful for their enthusiasm and proud of their contributions to strengthening ties between our nations," said PM Modi. He also met 101-year-old Mangal Sain Handa, a former Indian Foreign Service (IFS) officer who now resides in Kuwait, besides receiving copies of Ramayana and Mahabharata translated in Arabic language by Abdullah Baron and published by Abdullateef Alnesef. "Happy to see Arabic translations of the Ramayan and Mahabharat. I compliment Abdullah Al-Baroun and Abdul Lateef Al-Nesef for their efforts in translating and publishing it. Their initiative highlights the popularity of Indian culture globally," PM Modi posted on X. The Prime Minister will also be accorded a ceremonial guard of honour at the Bayan Palace, following which he will be holding separate meetings with the Amir of Kuwait and the Crown Prince of Kuwait. Delegation-level talks with the Prime Minister of Kuwait will be held thereafter during which the Prime Minister will review with the leadership of Kuwait the entire spectrum of bilateral relations including in areas such as the political, trade, investment, energy, culture and people-to-people ties, and the steps that both sides need to take to further enhance them. The Crown Prince will be hosting a banquet in honour of the Indian PM. During his visit, PM Modi will also attend the opening ceremony of the 26th Arabian Gulf Cup as a special guest of the Amir of Kuwait. "Today, I am embarking on a two-day visit to Kuwait at the invitation of His Highness Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, the Amir of the State of Kuwait. We deeply value the historical connection with Kuwait that has been nurtured over generations. We are not just strong trade and energy partners but also have shared interest in peace, security, stability and prosperity in the West Asia region," the Prime Minister said in his departure statement, earlier in the day. "It would be an opportunity to chalk out a road map for a futuristic partnership for the benefit of our people and the region. I eagerly look forward to meeting the Indian diaspora in Kuwait who have immensely contributed to the strengthening of bonds of friendship between the two nations," the statement added. PM Modi also said that he remains confident that his visit will further strengthen and reinforce the special ties and bonds of friendship between the people of India and Kuwait. This is, however, not the first instance of the PM meeting interacting with Indian workers abroad. In 2016, PM Modi visited L&T workers' residential complex and the All Women IT and ITES Centre of Tata Consultancy Services in Saudi Arabia's Riyadh. In the same year, PM Modi also visited the Indian workers' camp in Doha, Qatar. Earlier in 2015, PM Modi visited a labour camp in Abu Dhabi where he highlighted India's concern for the welfare of its migrant workers. He interacted with Indian workers at their camps to know the problems they face and discussed ways the Indian government can help them. At the same time, the government led by PM Modi has also been continuously working towards ensuring safe and legal migration. Launched in 2014, the e-Migrate project facilitates emigration of Indians for employment purposes and mitigates the scope of malpractices. It also helps to conduct recruitment processes in a hassle-free and transparent manner besides providing a comprehensive online database of Indian emigrants to all stakeholders, making the whole emigration cycle fast, transparent and efficient. The e-Migrate system has been integrated with other services like Passport Seva Project for online validation of passport details and also with insurance agencies providing Pravasi Bharatiya Bima Yojna. DG Shipping system has also been integrated with the eMigrate system through which data about seafarers submitted to DG Shipping is sent through eMigrate to the Bureau of Immigration for processing emigration at Immigration Check Posts and airports, thus streamlining the emigration process. The Overseas Employment and Protector General of Emigrants Division has also been strengthened, thus streamlining the process of emigration for individuals having ECR (Emigration Clearance Required category) passports going abroad for employment. As many as 16 offices of Protector General of Emigrants have been opened across India to facilitate the same. The Pravasi Bharatiya Sahayata Kendra, which helps disseminate information about emigration and receive and redress complaints and grievances of migrant workers, has also been strengthened by the government while five regional centres have also been set up at Lucknow, Hyderabad, Chennai, Patna and Kochi assisting emigrants requiring face-to-face interaction for redressal of their grievances and queries. PM Modi has simultaneously been working towards improving the condition of Indian workers abroad. In his visit to UAE earlier this year, PM Modi had announced that UAE has given a piece of land in Dubai for the construction of a hospital for Indian workers. Quite significantly, India and Kuwait signed an agreement in 2021 which marked a pivotal step in ensuring the welfare and rights of Indian domestic workers in Kuwait. The agreement established a fair and balanced relationship between workers and employers, focusing on the protection of workers' rights and compliance with local laws.
Last week, Joel Bray turned 44. “That’s pretty old for a dancer,” he reflects. Over the past 12 months Bray has toured works across Australia and Europe, taken up a new role as associate artist at Geelong Arts Centre, and begun the creative process on a yet-to-be-announced project. Choreographers and dancers Alisdair Macindoe, Tra Mi Dinh and Joel Bray Credit: Arsineh Houspian “I’ve had a big dancing year, and my body’s quite tired – it doesn’t bounce back like it once did.” Instead of trying to hold onto something that is slipping away, however, he’s leaning into the changes to his body through a new work, Swallow . “I’ve really been exploring how I can work with ease and kind of with my age, rather than against my age – rather than trying to replicate how I once used to dance when I was younger and fitter.” Swallow is a means for Bray to explore a few different threads of his life. “A lot of my work is interested in the intersection of my identity as a Wiradjuri man with my identity as a queer man.” Joel Bray. Credit: Arsineh Houspian In his previous work, Homo Pentecostus , he explored how he adopted the Welcome Swallow as his totem – a thread he has picked up here. “She’s flirty and she darts around and she’s super social,” he explains. “ Swallow is really an exploration of birds, and the movement of birds, and my affection for this animal. But also I love a double entendre,” he adds with a laugh. “So I also enjoy the other meaning of swallow – and the work is very, very queer.” Bray’s work is one of three commissioned by Lucy Guerin Inc and UMAC (University of Melbourne Arts and Culture) for Pieces , an annual series where choreographers are given three weeks to come up with a 20-minute work. Pieces has been running since 2005, and over 19 years has grown from a program that originally only had space for 20 audience members, to being performed this year in Melbourne University’s Union Theatre. Lucy Guerin started Pieces in 2005. Credit: Arsineh Houspian “It’s one of my favourite programs that we do in the year,” says renowned Australian choreographer Lucy Guerin. One of the key things she highlights is not just the strength of the individual works, but the way they interact and connect with each other. “Each year the three works sit together, and sometimes they’re really, really different,” she says. “This year, it does feel like they’re a little more connected. So it’s always a surprise as to what the whole evening will be like, and what the kind of impression that the whole evening will give to the audience.” This year, Bray’s work is joined by “OK, bye!” by Alisdair Macindoe, a meditation on death and the afterlife, and Seven dances for two people by Tra Mi Dinh, an exploration of the significance behind the number seven. “OK, Bye!” began as a collaboration between Macindoe and his mother, concert harpist xanya mamunya, and is dedicated to her. “I grew up listening to her practicing in the lounge room my entire childhood,” Macindoe explains. “I think I became a dancer partly due to waking up in the morning to someone playing concert harp music.” The work marries music, dance and technology in surprising ways, perhaps most so through the self-playing instruments featured on stage. “[They] are all acoustic instruments that are played mechanically by some sort of, like, robotics or electronic mechanics that I’ve built myself in collaboration with a friend of mine who does the firmware,” explains Macindoe. Seven dances for two people , meanwhile – a duet with dancer Rachel Coulson – initially sprung from Dinh being drawn to the number seven. “It just comes up so many times again and again, across cultures, across place and time,” she says, pointing to constellations, musical notes and the number of colours in the spectrum. “It’s my favourite number, and I was really keen to have a bit of a play around with what the rhythmic structures of a seven can do to movement.” All three dancers are recipients of the Chloe Munro Bequest , which offered funds to 20 dancers and choreographers to use however they see fit. The impact of the funds can be seen in both overt and more quiet ways. For both Dinh and Bray, the funds meant that when faced with the crossroads of whether to keep pursuing dance as a career, they were given both the means and the confidence to continue. “It was an incredible boost for my own self-confidence in my practice,” says Dinh. “It’s almost impossible to describe how deeply the Munro fellowship has impacted my practice, and it does directly relate to this, because to build those acoustic instruments and robotics was something I was able to do,” says Macindoe. “What it means is I can dream bigger.” Pieces is at Melbourne University’s Union Theatre from November 28 to 30. The Booklist is a weekly newsletter for book lovers from Jason Steger. Get it every Friday .NEW YORK — Several of President-elect Donald Trump 's Cabinet picks and appointees have been targeted by bomb threats and "swatting attacks," Trump's transition said Wednesday. "Last night and this morning, several of President Trump's Cabinet nominees and Administration appointees were targeted in violent, unAmerican threats to their lives and those who live with them," Trump transition spokesperson Karoline Leavitt said in a statement. She said the attacks "ranged from bomb threats to 'swatting.' In response, law enforcement and other authorities acted quickly to ensure the safety of those who were targeted. President Trump and the entire Transition team are grateful for their swift action." President-elect Donald Trump arrives to speak at a meeting of the House GOP conference, followed by Rep. Elise Stefanik, R-N.Y., Wednesday, Nov. 13, 2024, in Washington. (AP Photo/Alex Brandon) Swatting entails generating an emergency law enforcement response against a target victim under false pretenses. The FBI said in a statement that it is "aware of numerous bomb threats and swatting incidents targeting incoming administration nominees and appointees, and we are working with our law enforcement partners. We take all potential threats seriously, and as always, encourage members of the public to immediately report anything they consider suspicious to law enforcement." Among those targeted was New York Rep. Elise Stefanik, Trump's pick to serve as the next ambassador to the United Nations. Rep. Elise Stefanik, R-N.Y., is seated before President-elect Donald Trump arrives at a meeting of the House GOP conference, Wednesday, Nov. 13, 2024, in Washington. (AP Photo/Alex Brandon) Her office said that, Wednesday morning, she, her husband, and their 3-year-old son were driving home from Washington for Thanksgiving when they were informed of a bomb threat to their residence in Saratoga County. "New York State, County law enforcement, and U.S. Capitol Police responded immediately with the highest levels of professionalism," her office said in a statement. "We are incredibly appreciative of the extraordinary dedication of law enforcement officers who keep our communities safe 24/7." In Florida, meanwhile, the Okaloosa County sheriff's office said in an advisory posted on Facebook that it "received notification of a bomb threat referencing former Congressman Matt Gaetz's supposed mailbox at a home in the Niceville area around 9 a.m. this morning." While a family member resides at the address, they said "former Congressman Gaetz is NOT a resident. "The mailbox however was cleared and no devices were located. The immediate area was also searched with negative results." Gaetz was Trump's initial pick to serve as attorney general, but he withdrew from consideration amid allegations that he paid women for sex and slept with underage women. Gaetz has vehemently denied any wrongdoing and said last year that a Justice Department investigation into sex trafficking allegations involving underage girls had ended with no federal charges against him. The threats follow a political campaign marked by unusual violence. In July, a gunman opened fire at a Trump rally in Butler, Pennsylvania, grazing the then-candidate in the ear with a bullet and killing one of his supporters. The U.S. Secret Service later thwarted a subsequent assassination attempt at Trump's West Palm Beach, Florida, golf course when an agent spotted the barrel of a gun poking through a perimeter fence while Trump was golfing. Among President-elect Donald Trump's picks are Susie Wiles for chief of staff, Florida Sen. Marco Rubio for secretary of state, former Democratic House member Tulsi Gabbard for director of national intelligence and Florida Rep. Matt Gaetz for attorney general. Susie Wiles, 67, was a senior adviser to Trump's 2024 presidential campaign and its de facto manager. Trump named Florida Sen. Marco Rubio to be secretary of state, making a former sharp critic his choice to be the new administration's top diplomat. Rubio, 53, is a noted hawk on China, Cuba and Iran, and was a finalist to be Trump's running mate on the Republican ticket last summer. Rubio is the vice chairman of the Senate Intelligence Committee and a member of the Senate Foreign Relations Committee. “He will be a strong Advocate for our Nation, a true friend to our Allies, and a fearless Warrior who will never back down to our adversaries,” Trump said of Rubio in a statement. The announcement punctuates the hard pivot Rubio has made with Trump, whom the senator called a “con man" during his unsuccessful campaign for the 2016 GOP presidential nomination. Their relationship improved dramatically while Trump was in the White House. And as Trump campaigned for the presidency a third time, Rubio cheered his proposals. For instance, Rubio, who more than a decade ago helped craft immigration legislation that included a path to citizenship for people in the U.S. illegally, now supports Trump's plan to use the U.S. military for mass deportations. Pete Hegseth, 44, is a co-host of Fox News Channel’s “Fox & Friends Weekend” and has been a contributor with the network since 2014, where he developed a friendship with Trump, who made regular appearances on the show. Hegseth lacks senior military or national security experience. If confirmed by the Senate, he would inherit the top job during a series of global crises — ranging from Russia’s war in Ukraine and the ongoing attacks in the Middle East by Iranian proxies to the push for a cease-fire between Israel, Hamas and Hezbollah and escalating worries about the growing alliance between Russia and North Korea. Hegseth is also the author of “The War on Warriors: Behind the Betrayal of the Men Who Keep Us Free,” published earlier this year. Trump tapped Pam Bondi, 59, to be attorney general after U.S. Rep. Matt Gaetz withdrew his name from consideration. She was Florida's first female attorney general, serving between 2011 and 2019. She also was on Trump’s legal team during his first impeachment trial in 2020. Considered a loyalist, she served as part of a Trump-allied outside group that helped lay the groundwork for his future administration called the America First Policy Institute. Bondi was among a group of Republicans who showed up to support Trump at his hush money criminal trial in New York that ended in May with a conviction on 34 felony counts. A fierce defender of Trump, she also frequently appears on Fox News and has been a critic of the criminal cases against him. Trump picked South Dakota Gov. Kristi Noem, a well-known conservative who faced sharp criticism for telling a story in her memoir about shooting a rambunctious dog, to lead an agency crucial to the president-elect’s hardline immigration agenda. Noem used her two terms leading a tiny state to vault to a prominent position in Republican politics. South Dakota is usually a political afterthought. But during the COVID-19 pandemic, Noem did not order restrictions that other states had issued and instead declared her state “open for business.” Trump held a fireworks rally at Mount Rushmore in July 2020 in one of the first large gatherings of the pandemic. She takes over a department with a sprawling mission. In addition to key immigration agencies, the Department of Homeland Security oversees natural disaster response, the U.S. Secret Service, and Transportation Security Administration agents who work at airports. The governor of North Dakota, who was once little-known outside his state, Burgum is a former Republican presidential primary contender who endorsed Trump, and spent months traveling to drum up support for him, after dropping out of the race. Burgum was a serious contender to be Trump’s vice presidential choice this summer. The two-term governor was seen as a possible pick because of his executive experience and business savvy. Burgum also has close ties to deep-pocketed energy industry CEOs. Trump made the announcement about Burgum joining his incoming administration while addressing a gala at his Mar-a-Lago club, and said a formal statement would be coming the following day. In comments to reporters before Trump took the stage, Burgum said that, in recent years, the power grid is deteriorating in many parts of the country, which he said could raise national security concerns but also drive up prices enough to increase inflation. “There's just a sense of urgency, and a sense of understanding in the Trump administration,” Burgum said. Robert F. Kennedy Jr. ran for president as a Democrat, than as an independent, and then endorsed Trump . He's the son of Democratic icon Robert Kennedy, who was assassinated during his own presidential campaign. The nomination of Kennedy to lead the Department of Health and Human Services alarmed people who are concerned about his record of spreading unfounded fears about vaccines . For example, he has long advanced the debunked idea that vaccines cause autism. Scott Bessent, 62, is a former George Soros money manager and an advocate for deficit reduction. He's the founder of hedge fund Key Square Capital Management, after having worked on-and-off for Soros Fund Management since 1991. If confirmed by the Senate, he would be the nation’s first openly gay treasury secretary. He told Bloomberg in August that he decided to join Trump’s campaign in part to attack the mounting U.S. national debt. That would include slashing government programs and other spending. “This election cycle is the last chance for the U.S. to grow our way out of this mountain of debt without becoming a sort of European-style socialist democracy,” he said then. Oregon Republican U.S. Rep. Lori Chavez-DeRemer narrowly lost her reelection bid this month, but received strong backing from union members in her district. As a potential labor secretary, she would oversee the Labor Department’s workforce, its budget and put forth priorities that impact workers’ wages, health and safety, ability to unionize, and employer’s rights to fire employers, among other responsibilities. Chavez-DeRemer is one of few House Republicans to endorse the “Protecting the Right to Organize” or PRO Act would allow more workers to conduct organizing campaigns and would add penalties for companies that violate workers’ rights. The act would also weaken “right-to-work” laws that allow employees in more than half the states to avoid participating in or paying dues to unions that represent workers at their places of employment. Scott Turner is a former NFL player and White House aide. He ran the White House Opportunity and Revitalization Council during Trump’s first term in office. Trump, in a statement, credited Turner, the highest-ranking Black person he’s yet selected for his administration, with “helping to lead an Unprecedented Effort that Transformed our Country’s most distressed communities.” Sean Duffy is a former House member from Wisconsin who was one of Trump's most visible defenders on cable news. Duffy served in the House for nearly nine years, sitting on the Financial Services Committee and chairing the subcommittee on insurance and housing. He left Congress in 2019 for a TV career and has been the host of “The Bottom Line” on Fox Business. Before entering politics, Duffy was a reality TV star on MTV, where he met his wife, “Fox and Friends Weekend” co-host Rachel Campos-Duffy. They have nine children. A campaign donor and CEO of Denver-based Liberty Energy, Write is a vocal advocate of oil and gas development, including fracking — a key pillar of Trump’s quest to achieve U.S. “energy dominance” in the global market. Wright also has been one of the industry’s loudest voices against efforts to fight climate change. He said the climate movement around the world is “collapsing under its own weight.” The Energy Department is responsible for advancing energy, environmental and nuclear security of the United States. Wright also won support from influential conservatives, including oil and gas tycoon Harold Hamm. Hamm, executive chairman of Oklahoma-based Continental Resources, a major shale oil company, is a longtime Trump supporter and adviser who played a key role on energy issues in Trump’s first term. President-elect Donald Trump tapped billionaire professional wrestling mogul Linda McMahon to be secretary of the Education Department, tasked with overseeing an agency Trump promised to dismantle. McMahon led the Small Business Administration during Trump’s initial term from 2017 to 2019 and twice ran unsuccessfully as a Republican for the U.S. Senate in Connecticut. She’s seen as a relative unknown in education circles, though she expressed support for charter schools and school choice. She served on the Connecticut Board of Education for a year starting in 2009 and has spent years on the board of trustees for Sacred Heart University in Connecticut. Brooke Rollins, who graduated from Texas A&M University with a degree in agricultural development, is a longtime Trump associate who served as White House domestic policy chief during his first presidency. The 52-year-old is president and CEO of the America First Policy Institute, a group helping to lay the groundwork for a second Trump administration. She previously served as an aide to former Texas Gov. Rick Perry and ran a think tank, the Texas Public Policy Foundation. Trump chose Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and a cryptocurrency enthusiast, as his nominee for commerce secretary, a position in which he'd have a key role in carrying out Trump's plans to raise and enforce tariffs. Trump made the announcement Tuesday on his social media platform, Truth Social. Lutnick is a co-chair of Trump’s transition team, along with Linda McMahon, the former wrestling executive who previously led Trump’s Small Business Administration. Both are tasked with putting forward candidates for key roles in the next administration. The nomination would put Lutnick in charge of a sprawling Cabinet agency that is involved in funding new computer chip factories, imposing trade restrictions, releasing economic data and monitoring the weather. It is also a position in which connections to CEOs and the wider business community are crucial. Doug Collins is a former Republican congressman from Georgia who gained recognition for defending Trump during his first impeachment trial, which centered on U.S. assistance for Ukraine. Trump was impeached for urging Ukraine to investigate Joe Biden in 2019 during the Democratic presidential nomination, but he was acquitted by the Senate. Collins has also served in the armed forces himself and is currently a chaplain in the United States Air Force Reserve Command. "We must take care of our brave men and women in uniform, and Doug will be a great advocate for our Active Duty Servicemembers, Veterans, and Military Families to ensure they have the support they need," Trump said in a statement about nominating Collins to lead the Department of Veterans Affairs. Karoline Leavitt, 27, was Trump's campaign press secretary and currently a spokesperson for his transition. She would be the youngest White House press secretary in history. The White House press secretary typically serves as the public face of the administration and historically has held daily briefings for the press corps. Leavitt, a New Hampshire native, was a spokesperson for MAGA Inc., a super PAC supporting Trump, before joining his 2024 campaign. In 2022, she ran for Congress in New Hampshire, winning a 10-way Republican primary before losing to Democratic Rep. Chris Pappas. Leavitt worked in the White House press office during Trump's first term before she became communications director for New York Republican Rep. Elise Stefanik, Trump's choice for U.S. ambassador to the United Nations. Former Hawaii Rep. Tulsi Gabbard has been tapped by Trump to be director of national intelligence, keeping with the trend to stock his Cabinet with loyal personalities rather than veteran professionals in their requisite fields. Gabbard, 43, was a Democratic House member who unsuccessfully sought the party's 2020 presidential nomination before leaving the party in 2022. She endorsed Trump in August and campaigned often with him this fall. “I know Tulsi will bring the fearless spirit that has defined her illustrious career to our Intelligence Community,” Trump said in a statement. Gabbard, who has served in the Army National Guard for more than two decades, deploying to Iraq and Kuwait, would come to the role as somewhat of an outsider compared to her predecessor. The current director, Avril Haines, was confirmed by the Senate in 2021 following several years in a number of top national security and intelligence positions. Trump has picked John Ratcliffe, a former Texas congressman who served as director of national intelligence during his first administration, to be director of the Central Intelligence Agency in his next. Ratcliffe was director of national intelligence during the final year and a half of Trump's first term, leading the U.S. government's spy agencies during the coronavirus pandemic. “I look forward to John being the first person ever to serve in both of our Nation's highest Intelligence positions,” Trump said in a statement, calling him a “fearless fighter for the Constitutional Rights of all Americans” who would ensure “the Highest Levels of National Security, and PEACE THROUGH STRENGTH.” Trump has chosen former New York Rep. Lee Zeldin to serve as his pick to lead the Environmental Protection Agency . Zeldin does not appear to have any experience in environmental issues, but is a longtime supporter of the former president. The 44-year-old former U.S. House member from New York wrote on X , “We will restore US energy dominance, revitalize our auto industry to bring back American jobs, and make the US the global leader of AI.” “We will do so while protecting access to clean air and water,” he added. During his campaign, Trump often attacked the Biden administration's promotion of electric vehicles, and incorrectly referring to a tax credit for EV purchases as a government mandate. Trump also often told his audiences during the campaign his administration would “Drill, baby, drill,” referring to his support for expanded petroleum exploration. In a statement, Trump said Zeldin “will ensure fair and swift deregulatory decisions that will be enacted in a way to unleash the power of American businesses, while at the same time maintaining the highest environmental standards, including the cleanest air and water on the planet.” Trump has named Brendan Carr, the senior Republican on the Federal Communications Commission, as the new chairman of the agency tasked with regulating broadcasting, telecommunications and broadband. Carr is a longtime member of the commission and served previously as the FCC’s general counsel. He has been unanimously confirmed by the Senate three times and was nominated by both Trump and President Joe Biden to the commission. Carr made past appearances on “Fox News Channel," including when he decried Democratic Vice President Kamala Harris' pre-Election Day appearance on “Saturday Night Live.” He wrote an op-ed last month defending a satellite company owned by Trump supporter Elon Musk. Rep. Elise Stefanik is a representative from New York and one of Trump's staunchest defenders going back to his first impeachment. Elected to the House in 2014, Stefanik was selected by her GOP House colleagues as House Republican Conference chair in 2021, when former Wyoming Rep. Liz Cheney was removed from the post after publicly criticizing Trump for falsely claiming he won the 2020 election. Stefanik, 40, has served in that role ever since as the third-ranking member of House leadership. Stefanik’s questioning of university presidents over antisemitism on their campuses helped lead to two of those presidents resigning, further raising her national profile. If confirmed, she would represent American interests at the U.N. as Trump vows to end the war waged by Russia against Ukraine begun in 2022. He has also called for peace as Israel continues its offensive against Hamas in Gaza and its invasion of Lebanon to target Hezbollah. President-elect Donald Trump says he's chosen former acting Attorney General Matt Whitaker to serve as U.S. ambassador to NATO. Trump has expressed skepticism about the Western military alliance for years. Trump said in a statement Wednesday that Whitaker is “a strong warrior and loyal Patriot” who “will ensure the United States’ interests are advanced and defended” and “strengthen relationships with our NATO Allies, and stand firm in the face of threats to Peace and Stability.” The choice of Whitaker as the nation’s representative to the North Atlantic Treaty Organization is an unusual one, given his background is as a lawyer and not in foreign policy. Trump will nominate former Arkansas Gov. Mike Huckabee to be ambassador to Israel. Huckabee is a staunch defender of Israel and his intended nomination comes as Trump has promised to align U.S. foreign policy more closely with Israel's interests as it wages wars against the Iran-backed Hamas and Hezbollah. “He loves Israel, and likewise the people of Israel love him,” Trump said in a statement. “Mike will work tirelessly to bring about peace in the Middle East.” Huckabee, who ran unsuccessfully for the Republican presidential nomination in 2008 and 2016, has been a popular figure among evangelical Christian conservatives, many of whom support Israel due to Old Testament writings that Jews are God’s chosen people and that Israel is their rightful homeland. Trump has been praised by some in this important Republican voting bloc for moving the U.S. embassy in Israel from Tel Aviv to Jerusalem. Trump on Tuesday named real estate investor Steven Witkoff to be special envoy to the Middle East. The 67-year-old Witkoff is the president-elect's golf partner and was golfing with him at Trump's club in West Palm Beach, Florida, on Sept. 15, when the former president was the target of a second attempted assassination. Witkoff “is a Highly Respected Leader in Business and Philanthropy,” Trump said of Witkoff in a statement. “Steve will be an unrelenting Voice for PEACE, and make us all proud." Trump also named Witkoff co-chair, with former Georgia Sen. Kelly Loeffler, of his inaugural committee. Trump said Wednesday that he will nominate Gen. Keith Kellogg to serve as assistant to the president and special envoy for Ukraine and Russia. Kellogg, a retired Army lieutenant general who has long been Trump’s top adviser on defense issues, served as National Security Advisor to Trump's former Vice President Mike Pence. For the America First Policy Institute, one of several groups formed after Trump left office to help lay the groundwork for the next Republican administration, Kellogg in April wrote that “bringing the Russia-Ukraine war to a close will require strong, America First leadership to deliver a peace deal and immediately end the hostilities between the two warring parties.” (AP Photo/Mariam Zuhaib) Trump asked Rep. Michael Waltz, R-Fla., a retired Army National Guard officer and war veteran, to be his national security adviser, Trump announced in a statement Tuesday. The move puts Waltz in the middle of national security crises, ranging from efforts to provide weapons to Ukraine and worries about the growing alliance between Russia and North Korea to the persistent attacks in the Middle East by Iran proxies and the push for a cease-fire between Israel and Hamas and Hezbollah. “Mike has been a strong champion of my America First Foreign Policy agenda,” Trump's statement said, "and will be a tremendous champion of our pursuit of Peace through Strength!” Waltz is a three-term GOP congressman from east-central Florida. He served multiple tours in Afghanistan and also worked in the Pentagon as a policy adviser when Donald Rumsfeld and Robert Gates were defense chiefs. He is considered hawkish on China, and called for a U.S. boycott of the 2022 Winter Olympics in Beijing due to its involvement in the origin of COVID-19 and its mistreatment of the minority Muslim Uighur population. Stephen Miller, an immigration hardliner , was a vocal spokesperson during the presidential campaign for Trump's priority of mass deportations. The 39-year-old was a senior adviser during Trump's first administration. Miller has been a central figure in some of Trump's policy decisions, notably his move to separate thousands of immigrant families. Trump argued throughout the campaign that the nation's economic, national security and social priorities could be met by deporting people who are in the United States illegally. Since Trump left office in 2021, Miller has served as the president of America First Legal, an organization made up of former Trump advisers aimed at challenging the Biden administration, media companies, universities and others over issues such as free speech and national security. Thomas Homan, 62, has been tasked with Trump’s top priority of carrying out the largest deportation operation in the nation’s history. Homan, who served under Trump in his first administration leading U.S. Immigration and Customs Enforcement, was widely expected to be offered a position related to the border, an issue Trump made central to his campaign. Though Homan has insisted such a massive undertaking would be humane, he has long been a loyal supporter of Trump's policy proposals, suggesting at a July conference in Washington that he would be willing to "run the biggest deportation operation this country’s ever seen.” Democrats have criticized Homan for his defending Trump's “zero tolerance” policy on border crossings during his first administration, which led to the separation of thousands of parents and children seeking asylum at the border. Dr. Mehmet Oz, 64, is a former heart surgeon who hosted “The Dr. Oz Show,” a long-running daytime television talk show. He ran unsuccessfully for the U.S. Senate as the Republican nominee in 2022 and is an outspoken supporter of Trump, who endorsed Oz's bid for elected office. Elon Musk, left, and Vivek Ramaswamy speak before Republican presidential nominee former President Donald Trump at an Oct. 27 campaign rally at Madison Square Garden in New York. Trump on Tuesday said Musk and former Republican presidential candidate Ramaswamy will lead a new “Department of Government Efficiency" — which is not, despite the name, a government agency. The acronym “DOGE” is a nod to Musk's favorite cryptocurrency, dogecoin. Trump said Musk and Ramaswamy will work from outside the government to offer the White House “advice and guidance” and will partner with the Office of Management and Budget to “drive large scale structural reform, and create an entrepreneurial approach to Government never seen before.” He added the move would shock government systems. It's not clear how the organization will operate. Musk, owner of X and CEO of Tesla and SpaceX, has been a constant presence at Mar-a-Lago since Trump won the presidential election. Ramaswamy suspended his campaign in January and threw his support behind Trump. Trump said the two will “pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.” Russell Vought held the position during Trump’s first presidency. After Trump’s initial term ended, Vought founded the Center for Renewing America, a think tank that describes its mission as “renew a consensus of America as a nation under God.” Vought was closely involved with Project 2025, a conservative blueprint for Trump’s second term that he tried to distance himself from during the campaign. Vought has also previously worked as the executive and budget director for the Republican Study Committee, a caucus for conservative House Republicans. He also worked at Heritage Action, the political group tied to The Heritage Foundation, a conservative think tank. Dan Scavino, deputy chief of staff Scavino, whom Trump's transition referred to in a statement as one of “Trump's longest serving and most trusted aides,” was a senior adviser to Trump's 2024 campaign, as well as his 2016 and 2020 campaigns. He will be deputy chief of staff and assistant to the president. Scavino had run Trump's social media profile in the White House during his first administration. He was also held in contempt of Congress in 2022 after a month-long refusal to comply with a subpoena from the House committee’s investigation into the Jan. 6, 2021, attack on the U.S. Capitol. James Blair, deputy chief of staff Blair was political director for Trump's 2024 campaign and for the Republican National Committee. He will be deputy chief of staff for legislative, political and public affairs and assistant to the president. Blair was key to Trump's economic messaging during his winning White House comeback campaign this year, a driving force behind the candidate's “Trump can fix it” slogan and his query to audiences this fall if they were better off than four years ago. Taylor Budowich, deputy chief of staff Budowich is a veteran Trump campaign aide who launched and directed Make America Great Again, Inc., a super PAC that supported Trump's 2024 campaign. He will be deputy chief of staff for communications and personnel and assistant to the president. Budowich also had served as a spokesman for Trump after his presidency. William McGinley, White House counsel McGinley was White House Cabinet secretary during Trump's first administration, and was outside legal counsel for the Republican National Committee's election integrity effort during the 2024 campaign. In a statement, Trump called McGinley “a smart and tenacious lawyer who will help me advance our America First agenda, while fighting for election integrity and against the weaponization of law enforcement.” Jay Bhattacharya, National Institutes of Health Trump has chosen Dr. Jay Bhattacharya to lead the National Institutes of Health. Bhattacharya is a physician and professor at Stanford University School of Medicine, and is a critic of pandemic lockdowns and vaccine mandates. He promoted the idea of herd immunity during the pandemic, arguing that people at low risk should live normally while building up immunity to COVID-19 through infection. The National Institutes of Health funds medical research through competitive grants to researchers at institutions throughout the nation. NIH also conducts its own research with thousands of scientists working at its labs in Bethesda, Maryland. Jamieson Greer, U.S. trade representative Kevin Hassett, Director of the White House National Economic Council Trump is turning to two officials with experience navigating not only Washington but the key issues of income taxes and tariffs as he fills out his economic team. He announced he has chosen international trade attorney Jamieson Greer to be his U.S. trade representative and Kevin Hassett as director of the White House National Economic Council. While Trump has in several cases nominated outsiders to key posts, these picks reflect a recognition that his reputation will likely hinge on restoring the public’s confidence in the economy. Trump said in a statement that Greer was instrumental in his first term in imposing tariffs on China and others and replacing the trade agreement with Canada and Mexico, “therefore making it much better for American Workers.” Hassett, 62, served in the first Trump term as chairman of the Council of Economic Advisers. He has a doctorate from the University of Pennsylvania and worked at the right-leaning American Enterprise Institute before joining the Trump White House in 2017. Associated Press writers Alanna Durkin Richer and Eric Tucker contributed to this report from Washington. Stay up-to-date on the latest in local and national government and political topics with our newsletter.
Dr Manmohan Singh was one of those rare people who achieved greatness by dint of hard work and merit, and then found grander greatness thrust upon him. He became the Prime Minister, because the then Congress president, Sonia Gandhi , needed someone trustworthy and capable to occupy the position that was rightfully hers as leader of the majority group after the 2004 general elections but she deemed politic to renounce, for assorted reasons. He thus did not have direct authority from the people, but enjoyed delegated authority, granted by the political party that had won the largest number of seats. ET Year-end Special Reads Corporate Kalesh: Top family disputes of India Inc in 2024 The world of business lost these eminent people in 2024 Fast, faster, fastest: How 2024 put more speed into your shopping Also Read: Manmohan Singh passes away at 92; PM Modi, Rahul Gandhi, Mallikarjun Kharge and others mourn former PM's demise Also Read: Remembering Dr. Manmohan Singh: A legacy of economic reforms and leadership It is commonplace for people to describe Manmohan Singh as the author of India's economic reforms . This is naive. Narasimha Rao brought in Singh as his finance minister, true. But reform is a political task, not a technocratic one. Rao might have had some margin for shifting blame to a finance minister, in case reform turned politically too hot to handle, but there was no way he could have escaped responsibility for whatever policies his government pursued. Prime ministers are the authors of large systemic changes, not finance ministers, finance secretaries, economic advisers or anyone else. They are the ones accountable to the people. 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View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Artificial Intelligence(AI) AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Mastering Full Stack Development: From Frontend to Backend Excellence By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator View Program Data Science SQL Server Bootcamp 2024: Transform from Beginner to Pro By - Metla Sudha Sekhar, IT Specialist and Developer View Program Singh should properly be recognised as the champion of India's coming out as a global power. This he did by doggedly pursuing the nuclear deal with the US. President George W Bush had clarity that India was the only power in Asia that could possibly countervail a rising China, and wanted to free India from the technology denial regime into which post-nuclear test sanctions had caged India. Within the political class, few understood the significance of the nuclear deal beyond its potential to ease supplies of uranium for nuclear power plants. Singh had clarity that India needed the deal to end technology denial and be free to acquire the strategic capability it needed to emerge a significant power. Within the political class, only the Congress supported the deal. The BJP vehemently opposed the deal. When the Left withdrew support, and the continuance of the government came into question, most Congressmen, too, were willing to abandon the deal. Only Singh defended the deal stoutly. To her credit, Sonia Gandhi chose to back him. Then, the Congress machinery got to work and got the numbers to sail through the vote of no confidence. India became a quasi-member of the Nuclear Suppliers Group. It joined the Missile Technology Control Regime, the Wassenaar Arrangement on dual technologies and the Australia Group on chemical weapons and precursor chemicals. Large US companies like Boeing felt confident to invest in India and accept Indian companies as partners. Strategic cooperation with the US began, in the wake of the nuclear deal. By having clarity on what was at stake, and choosing to exercise his delegated authority to the hilt, Singh got the nuclear deal through, and opened the door to India's rise as a major power centre. (You can now subscribe to our Economic Times WhatsApp channel )
MAHIA, New Zealand--(BUSINESS WIRE)--Dec 21, 2024-- Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it successfully completed the Company’s 16 th launch for the year, deploying a satellite for Japanese Earth-observation constellation operator Synspective. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241221492452/en/ Rocket Lab successfully launches its 16th Electron rocket of the year, deploying a satellite to orbit for Japanese constellation operator Synspective. (Photo: Business Wire) The “Owl The Way Up” mission lifted off from Rocket Lab Launch Complex 1 in Mahia, New Zealand on 22 December at 03:17 NZT deploying a single StriX satellite to orbit from the Electron launch vehicle. The mission was the sixth in a total of 16 launches booked on Electron for Synspective, an Earth observation company operating a constellation of synthetic aperture radar (SAR) satellites designed to deliver imagery that can detect millimetre-level changes to the Earth’s surface from space. Rocket Lab first launched for Synspective in December 2020 and has been the sole launch provider for Synspective’s constellation to date. Rocket Lab founder and CEO, Sir Peter Beck, says: “Mission success once again for Synspective, capping off our busiest launch year to date. We look forward to continuing to increase our launch cadence in the new year as we strengthen Electron’s position as the leading small rocket globally, and also enter the medium launch market with Neutron’s debut. In 2024 we launched missions for NASA, the NRO, deployed multiple missions for commercial constellation operators like Synspective, launched suborbital HASTE missions advancing hypersonic flight test capability, and to top it all off, we achieved a world first by launching two missions from two different hemispheres in less than 24 hours. Thank you and congratulations to the Rocket Lab team, our customers, and our mission partners for another stellar year.” Rocket Lab launched 16 missions in 2024, besting the Company’s previous annual launch record of 10 missions, achieved in 2023 and representing a launch cadence increase of 60% year-on-year. Rocket Lab maintained a record of 100% mission success for all launches in 2024. The “Owl The Way” up launch was Rocket Lab’s final scheduled launch for 2024 with the next Electron launch scheduled in Q1 2025. Rocket Lab Images and Videos: www.flickr.com/photos/rocketlab/ Launch webcast: https://www.youtube.com/watch?v=-7VZB4pHJrQ About Synspective’s constellation: Synspective's small SAR satellites, StriX, are equipped with a synthetic aperture radar (SAR) sensor, which can observe the Earth's surface in any weather condition day or night. Not affected by clouds or rainSAR is suitable for persistent monitoring of disasters and detailed changes to secure critical infrastructure and other facilities. Example use cases include: detecting anomalies in road, rail, energy and other infrastructure, resulting in lower maintenance costs and accident risk, monitoring crop growth conditions and analyzing soil and vegetation health to help reduce costs and increase efficiency for farmers, detecting illegal logging and fishing in the most remote parts of the world, providing rapid damage assessment after flooding, landslides and volcanic eruptions, as well as risk assessment for land subsidence, enabling the persistent monitoring of maritime traffic, border activities and other potential security threats, and advances maritime domain awareness, analyzing tree cover to calculate CO2 absorption and carbon credits. About Rocket Lab Founded in 2006, Rocket Lab is an end-to-end space company with an established track record of mission success. We deliver reliable launch services, satellite manufacture, spacecraft components, and on-orbit management solutions that make it faster, easier, and more affordable to access space. Headquartered in Long Beach, California, Rocket Lab designs and manufactures the Electron small orbital launch vehicle, a family of flight-proven spacecraft, and the Company is developing the large Neutron launch vehicle for constellation deployment. Since its first orbital launch in January 2018, Rocket Lab’s Electron launch vehicle has become the second most frequently launched U.S. rocket annually and has delivered more than 200 satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. Rocket Lab’s Photon spacecraft platform has been selected to support NASA missions to the Moon and Mars, as well as the first private commercial mission to Venus. Rocket Lab has three launch pads at two launch sites, including two launch pads at a private orbital launch site located in New Zealand and a third launch pad in Virginia. To learn more, visit www.rocketlabusa.com . Forward Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding our launch and space systems operations, launch schedule and window, safe and repeatable access to space, Neutron development, operational expansion and business strategy are forward-looking statements. The words “believe,” “may,” “will,” “estimate,” “potential,” “continue,” “anticipate,” “intend,” “expect,” “strategy,” “future,” “could,” “would,” “project,” “plan,” “target,” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including but not limited to the factors, risks and uncertainties included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the “SEC”), accessible on the SEC’s website at www.sec.gov and the Investor Relations section of our website at www.rocketlabusa.com , which could cause our actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change. View source version on businesswire.com : https://www.businesswire.com/news/home/20241221492452/en/ CONTACT: Rocket Lab Media Contact Morgan Connaughton media@rocketlabusa.com KEYWORD: AUSTRALIA/OCEANIA NEW ZEALAND JAPAN ASIA PACIFIC INDUSTRY KEYWORD: DEFENSE TECHNOLOGY SATELLITE AEROSPACE MANUFACTURING GOVERNMENT TECHNOLOGY SOURCE: Rocket Lab USA, Inc. Copyright Business Wire 2024. PUB: 12/21/2024 11:26 AM/DISC: 12/21/2024 11:24 AM http://www.businesswire.com/news/home/20241221492452/en