[SAnews.gov.za] South Africa has reiterated its call for calm and restraint following post-election protests in Mozambique.

A Ford Mustang Mach-E Rally was the quickest car around an SCCA RallyCross course The Mustang Mach-E Rally won both its class and the outright event A Ford engineer was behind the wheel, simply as weekend fun Attendees and participants at the Detroit Octoberfast RallyCross event at the Auto City Speedway didn’t hear it coming, but an EV came...

Chines battery supplier CATL could build a plant in the U.S. The decision would hinge on whether Trump's administration allows the Chinese to enter the market CATL wanted to invest in the U.S. but to date the government's said no Chinese battery supplier CATL is open to building a U.S. factory if the incoming Trump administration allows it, the...

The Inspector General of Police, Kayode Egbetokun, has cautioned that national development should not be seen as the sole responsibility of the government, its officials or institutions. Rather, he said the government, the citizens and security agencies must play their roles in the pursuit of sustainable growth and development. The IG made this call while

BAKU, Azerbaijan — When more than two dozen world leaders deliver remarks at the United Nations' annual climate conference on Wednesday, many have detailed their nations' firsthand experience with the catastrophic weather that has come with climate change. “Over the past year, catastrophic floods in Spain, Bosnia and Herzegovina as well as well as in southern Croatia have shown the devastating impact of rising temperatures,” said Croatia's prime minister, Andrej Plenkovic. “The Mediterranean, one of the most vulnerable regions, calls for urgent action.” The Greek prime minister said Europe and the world needs to be “more honest” about the trade-offs needed to keep global temperatures down. “We need to ask hard questions about a path that goes very fast, at the expense of our competitiveness, and a path that goes some much slower, but allows our industry to adapt and to thrive,” he said. His nation this summer was hammered by successive heat waves after three years of below-average rainfall. In Greece, the misery included water shortages, dried-up lakes and the death of wild horses. Other speakers on the list include Pakistan Prime Minister Shehbaz Sharif, whose nation has seen deadly flooding this year from monsoon rains that scientists say have become heavier with climate change. Just two years ago, more than 1,700 people died in widespread flooding. Pakistan has also suffered from dangerous heat, with thousands of people hospitalized with heatstroke this spring as temperatures soared to 47 degrees Celsius. Also on the list of speakers Wednesday is Bahamas Prime Minister Philip Edward Davis. Like many other countries in the Global South, the Bahamas has piled up debt from warming-connected weather disasters it did little to cause, including Hurricanes Dorian in 2019 and Matthew in 2016. Leaders have been seeking help and money from the Global North and oil companies. Early on Wednesday, ministers and officials from African nations called for initiatives to advance green development on the continent and strengthen resilience to extreme weather events — from floods to droughts — across the region. Plenty of big names and powerful countries are noticeably absent from COP29 this year. That includes the 13 largest carbon dioxide-polluting countries — a group responsible for more than than 70% of the heat-trapping gases emitted last year — were missing. The world’s biggest polluters and strongest economies — China and the United States — didn't send their No. 1s. Neither did India and Indonesia. But U.K. Prime Minister Keir Starmer was there, and he announced an 81% emissions reduction target on 1990 levels by 2035, in line with the Paris Agreement goal to limit warming to 1.5 degrees Celsius above pre-industrial times. That’s up from the 78% the U.K. had already pledged. The main focus of this year’s talks is climate finance — wealthier nations compensating poor countries for damages from climate change’s weather extremes, helping them pay to transition their economies away from fossil fuels and helping them with adaptation.

Today, Somaliland took a significant step in its democratic journey, holding simultaneous presidential and political party…

The post Somaliland Elections Officially Begin Amid High Turnout and Minor Delays appeared first on Horseed Media.

Washington, United States — More than a dozen US-based employees of Taiwanese chipmaking giant TSMC have sued the company for apparent discrimination against non-Asian workers, according to a recent lawsuit. The suit alleges that the world’s largest contract manufacturer of chips — used in everything from Apple iPhones to Nvidia’s AI hardware — unfairly favors […]...

Keep on reading: Taiwan chip giant TSMC sued for alleged discrimination

U.S. Secretary of State Antony Blinken called for "real and extended pauses" in the Gaza war to allow aid delivery to residents. During a visit to Brussels, Belgium, Blinken told reporters the United States wants to see "real and extended pauses in large areas of Gaza, pauses in any fighting, any combat, so that the assistance can effectively get to people who need it."  He said Israel has taken steps to address the humanitarian problem, and it has also "accomplished the goals that it set for itself," he said. "This should be a time to end the war." Earlier, six people were killed in an Israeli airstrike in an area south of Beirut Wednesday, and the Israeli army issued another warning for people in parts of the southern suburbs to leave. Lebanon's health ministry said an additional 15 people were wounded in the airstrike, which followed heavy pounding by Israel on Tuesday.  Overnight attacks in Lebanon were "intelligence-based strikes on Hezbollah weapons storage facilities and command centers in the Dahieh area, a key Hezbollah terrorist stronghold in Beirut," Israel Defense Forces stated in a post on the Telegram messaging app Wednesday. The Israeli military said before the strikes, "numerous steps were taken to mitigate the risk to civilians, including issuing advance warnings to the population in the area." IDF also stated Wednesday that several Hezbollah field commanders have been killed in recent strikes in Lebanon. "At the beginning of the month of October, the IAF struck and eliminated Hezbollah's Commander of the Khiam area, Muhammad Musa Salah, in the area of Khiam," IDF posted. "Salah directed many terror attacks against the State of Israel, and was responsible for the launches of more than 2,500 projectiles toward the areas of the Golan Heights, the Upper Galilee, the Galilee Panhandle, and toward IDF troops operating in southern Lebanon." On Sunday, the commander of an anti-tank missile array in Hajir was killed, and field commanders of the Ghajar and Tebnit areas were also killed "during additional precise strikes," IDF stated. Russia's request in Syria Russia asked Israel to avoid launching airstrikes near one of its bases in Syria, Agence France-Presse reported.  In October, Israel reportedly hit the port city of Latakia, a stronghold of President Bashar al-Assad, who is supported by Russia and backs Hezbollah. Latakia, is close to the town of Hmeimim, which hosts a Russian air base. "Israel actually carried out an airstrike in the immediate vicinity of Hmeimim," Alexander Lavrentiev, Russian President Vladimir Putin's special envoy in the Near East, told the RIA Novosti press agency. "Our military has of course notified Israeli authorities that such acts that put Russian military lives in danger over there are unacceptable," he added. US response to aid in Gaza The United States said Tuesday that Israel has made limited progress on increasing the flow of humanitarian aid into the Gaza Strip as Washington requested, so the Biden administration will not limit arms transfers to Israel. State Department deputy spokesperson Vedant Patel told reporters that "we at this time have not made an assessment that the Israelis are in violation of U.S. law." The administration told its ally on October 13 that it had one month to increase aid to Gaza, where the situation after 13 months of war between Israel and Hamas militants has unleashed a catastrophic humanitarian situation, or face a reduction in military aid. The deadline was Tuesday. "We are not giving Israel a pass," Patel said, adding that "we want to see the totality of the humanitarian situation improve, and we think some of these steps will allow the conditions for that to continue to progress." At the United Nations, U.S. envoy Linda Thomas-Greenfield told the Security Council that Israel has taken some important steps, including restoring aid deliveries to the north, but that it must ensure its actions are "fully implemented and its improvements sustained over time." "And we continue to reiterate, there must be no forcible displacement nor policy of starvation in Gaza, which would have grave implications under U.S. and international law," she said. A senior U.N. human rights official said at the same meeting that the entry and distribution of aid into Gaza has fallen to "some of the lowest levels in a year" and criticized Israel's conduct of military operations in the north. Israel denies it is limiting aid to Gaza, blaming the U.N. and aid agencies for slow distribution and Hamas for stealing it. The war in Gaza was triggered when Hamas-led militants stormed into southern Israel on October 7, 2023, killing about 1,200 people, mostly civilians, and abducting about 250. Some 100 hostages are still inside Gaza, although about one-third of them are believed to be dead. Israel's counteroffensive has killed more than 43,000 Palestinians, more than half of them women and children, according to local health authorities. The Israeli military says the death toll includes thousands of Hamas militants. The war spread to Lebanon in mid-September, after months of rocket fire from Hezbollah into Israel and drone and airstrikes by Israel's military in south Lebanon escalated. More than 3,200 Lebanese have been killed, most of them in the past six weeks. Both Hamas and Hezbollah have been designated as terrorist organizations by the United States.

Juba, South Sudan — The United Nations Mission in South Sudan has called for tangible evidence of progress toward democratic elections the country. Briefing the United Nations Security Council this week, special representative of the secretary-general and head of UNMISS, Nicholas Haysom, told government leaders “the clock on the extension is already ticking.” Since winning its independence in 2011, South Sudan is just beginning its fourth extension of the transitional period government, with elections now rescheduled for 2026. Speaking for Haysom, U.N. South Sudan acting spokesperson Rabindra Giri said, “The international community needs tangible evidence that this country’s leaders and political elite are genuinely committed to a democratic future.” As the country struggles with increasing internal conflict, the delay in democratic reform affects the hopes for peace, stability and development, even beyond South Sudan's borders, impacting the entire East African region. UNMISS officials stressed that time is running out for political leaders to fulfill their obligations under the peace agreement. “We must collectively seize the opportunity to make this extension the last and deliver the peace and democracy that the people of South Sudan deserve,” Giri said. On the streets of Juba, South Sudanese citizens were eager to talk about how the delays in implementing the peace agreement raise doubts about whether their leaders genuinely care about the nation’s well-being and are impacting their hopes for peace, stability and development.    Nunu Diana, a women’s rights advocate in South Sudan, is one of them. “I think because of the extension, personally, as a young person, I have lost morale in the governance system of the country,” Diana said. Data Gordon, an advocate for peace and gender equality, is another. “The time for political statements without tangible and time-bound action is over," Gorton said. "For elections to take place as scheduled, the government needs to walk the talk.” UNMISS said it is moving ahead with support to the National Elections Commission, while Haysom highlighted civic education, preparing for voter registration, a code of conduct between political parties, civil society, media and election security among the areas that the parties could immediately address. Haysom said time is a nonrenewable resource. He said this is South Sudan’s last chance to deliver on its promise of democracy, and there is a need for sustained international support while holding South Sudan's leaders accountable to their own commitments. “This cannot be business as usual for the parties to the peace agreement, the political elite, the guarantors of the peace agreement or the international community," Giri said. "We must collectively seize the opportunity to make this extension the last and deliver the peace and democracy that the people of South Sudan deserve.”

Benin Republic coach, Gernot Rohr has tipped Super Eagles forward, Lookman Ademola to win the 2024 African Footballer of the Year award. The 71-year-old German described Lookman as a fantastic player. Rohr spoke ahead of Benin’s 2025 Africa Cup of Nations, AFCON, qualifier with Nigeria on Thursday in Abidjan. “For me, Lookman is the best […]

He’s fantastic – Rohr names player to win African Footballer of the Year

Two days after the war broke out, I established the Purple Emergency Center – an emergency assistance center for people with disabilities.

1. Kanguva Twitter Review: Netizens LAUDS Suriya's Performance But Call Film's Execution 'Clumsy'  Times Now
2. Kanguva Movie Review: An earnest Suriya gives his all for a Siva film that doesn’t give him enough  The Indian Express
3. Kanguva Movie Review: Suriya's Visually Superlative Film Has Grand Vision But Fails To Realise It  News18
4. Kanguva first reviews: Suriya ‘shed his blood and sweat’ but the movie ‘is tiring’, say fans  Hindustan Times
5. Kanguva: Here's how much Suriya, Bobby Deol and Disha Patani got paid for Siva's directorial  TOI Etimes

The Limassol art scene is about to welcome a new exhibition. The Larnaca-born artist, Nikolas Antoniou, returns to Lumiere Gallery in Limassol for the second time to present his exhibition titled Vibrations of Being. The showcase will run from November 20 to December 7, inviting viewers into the artist’s vivid creative journey of expression. “Antoniou’s […]

Local government reform had been undertaken without preparation, Akel leader Stefanos Stefanou said on Wednesday. The two and a half years which had been granted while elections were postponed had not been used to do what was needed, resulting in playing catch up, he said. The relevant ministries “have not shown the necessary fervour” towards […]

Interior Minister Constantinos Ioannou on Wednesday said he was not “indifferent” to the challenges of local government reform and that he in fact “did more than that for which the law provides”. Ioannou was reacting to claims made by Akel that the government had “not shown the necessary fervour” in its efforts to ensure a […]

Impact Lakefront at Muang Thong Thani invites everyone to float their krathongs into the lake and enjoy balloons in the sky during Loy Rim Lake 2024, which will kick off Friday and run daily from 4.30pm to 11pm until Sunday.

Riad Meddeb, Director of the Sustainable Energy Hub at the United Nations Development Programme (UNDP), stressed the urgency of finding innovative financial solutions during COP29. Meddeb was speaking to IPS in an exclusive interview at the conference. He said the negotiations were expected to focus heavily on finance—a core issue that has historically hampered climate […]

[New Times] Prime Minister Edouard Ngirente has affirmed the government's commitment to advancing toward the nation's Vision 2050 goals, emphasizing resilience in the face of challenges.

[VOA] Juba, South Sudan -- The United Nations Mission in South Sudan has called for tangible evidence of progress toward democratic elections the country.

J Hope is as excited about BTS bandmate Jin’s debut solo album releases as BTS ARMY and K-pop idol himself.In a recent Weverse Live on Tuesday, November 12, J Hope, whose real name is Jung Ho-seok, updated his whereabouts to the curious fans while teasing new projects in the pipeline and...

The pair tied the knot in 2018 and share two children togetherLaura Prepon and Ben Foster’s marriage has reached its end after five years together.Court documents obtained by People magazine reveal that Foster, 44, recently filed for divorce from the That ’70s Show alum, also 44,...

Sydney Sweeney calls out Hollywood for being 'fake'Sydney Sweeney, American actress who rose to fame with her iconic character in drama series Euphoria, gave a peek behind curtains and revealed a harsh reality of Hollywood. The 27-year-old actress shared her frustration with how the industry...

John Krasinski knew Emily Blunt was the right one for him “the second” he met her.In an interview with People for his Sexiest Man Alive cover story, he recalled the spark he felt in him when he met her Blunt.“I don't know what happened, but I remember someone introduced us, and...

Zendaya revealed that the Challengers cast still stays in touch with a “group chat”.In a conversation besides the star-studded lineup for the cover of Vanity Fair’s 31st Annual Hollywood Issue, the actress revealed what role she plays amongst the members of the...

John Krasinski on Emily Blunt and 'A Quiet Place' John Krasinski reflected on how working with wife Emily Blunt in the The Quiet Place films made the franchise a success.“It turned out to be incredible,” Krasinski recalled of the “thrilling” experience on the...

Nadhmi Al-Nasr’s successor, Aiman al-Mudaifer, currently head of PIF's Local Real Estate Division, will serve as Neom’s acting CEO.  

KARACHI: The country’s Advance to Deposit Ratio (ADR) has been gradually contracting and stood at 37 per cent in June, down from 41pc in December.

This was revealed in the latest issue of A.F. Ferguson & Co’s PwC Banking Publication — Road to Sustainability. This year’s release features core themes like economy, credit penetration and digital transformation, carries insights from over 25 industry leaders, over 10 local and global surveys, snapshots of over 40 international banks and over 10 geographic regions.

“Investment to Deposit Ratio (IDR), on the other hand, has surged from 33pc in 2007 to 88pc in 2023 and 94pc in Jun-24,” the publication reported. These key benchmarks, relative to certain other economies, indicate an enormous potential for credit penetration in the country, it added. There was a sharp rise in profitability on the back of higher margins and non-funded income from different avenues. However, higher tax charges triggered disproportionate moderation in baseline profitability.

The publication offered suggestions for sustained, long-term economic growth. One of the core themes discussed with industry leaders and senior professionals was the country’s economic outlook. Experts underscored the importance of addressing structural deficiencies to improve GDP growth and other key economic indicators.

Only 3pc of SMEs borrow from banks; 75pc farmers rely on informal sources for credit

“Consistent economic policies and actionable long-term roadmap of interventions were also stressed upon,” said the Banking Publication. Experts see increasing imports and consumption as harmful for balance of payments and foreign exchange reserves, it added.

“Opportunities for export diversification and import substitution are enormous, especially in agriculture and tech sectors,” said the report.

Agriculture and SMEs

According to the report, SMEs and agriculture are the backbone of the nation’s progress. “Contributing 40pc of GDP, SMEs constitute nearly 90pc of all private enterprises in Pakistan, generate 30pc in export earnings and employ one-third of the country’s workforce,” said the report. “Out of five million enterprises, fewer than three per cent borrowed from banks,” it reported.

It said around 75pc of farmers still rely on informal sources of credit. Despite its historic importance, access to affordable growth capital remains restrictive.

“Financing for these critical sectors has been declining over the years and currently stands below eight per cent of total loans,” said the Banking Publication. Lending to the private sector is at 12pc of GDP, it added.

According to the publication, deposits grew significantly by 24pc to reach Rs29.1 trillion in 2023, with a further increase of 12pc in June this year, touching Rs32.5tr.

“Advances rose by four per cent to Rs13tr, much lower than 16pc growth rate of 2022, with no further increase till June 2024,” the report added. A significant expansion of 42pc was noted in investments, which reached Rs25.6tr last year and rose by 19pc to Rs30.4tr by June this year.

Borrowings were up by 51pc to Rs11.3tr last year, and by 12pc in Jun-24.

Published in Dawn, November 14th, 2024

ISLAMABAD: The Priv­atisation Commission’s board on Wednesday rejected a Rs10 billion bid submitted by the sole bidder for the divestment of 60 per cent shares in Pakistan International Airlines Corpo­ration Limited (PIACL), the privatisation ministry said in a statement.

The board decided to refer the issue of PIA’s privatisation to the Cabinet Committee on Privati­sation for further consideration.

Last month, the final bidding process for the privatisation of PIA attracted just one bid of Rs10bn for a 60pc stake in the national flag carrier.

Only real-estate development company Blue World City participated in the bidding process, placing a bid that was below the government-set minimum price of Rs85bn.

PC Board seeks improved offers for state-owned entities

The government had prequalified six groups in June, but only Blue World City participated in the final bidding process. Due to the huge difference between the expected and actual bids, the commission gave the consortium more time to reconsider its bid. However, Blue World City consortium chairman Saad Nazir kept the price unchanged.

On Wednesday, in a meeting chaired by Privatisation Mini­ster Abdul Aleem Khan, the board discussed advancing privatisation efforts for state-owned entities, including PIA and stressed the need to attract stronger bids in future transactions.

Mr Khan directed that the privatisation process should be carried forward without delay and underscored the importance of securing better offers for upcoming bids.

The board explored various options to expedite PIA’s divestment and reviewed the status of other ongoing privatisation transactions.

Mr Khan said that the framework given by the caretaker government for PIA’s privatisation was taken forward, but “now we have to keep in mind the concerns of the institutions involved in the privatisation”. He emphasised that “we have to learn from the privatisation process of PIA and have to be more active in future”.

The board decided to form a three-member committee to participate in the process of privatisation by members of the board. The meeting was briefed on various issues of privatisation and expressed satisfaction with the development so far.

During the meeting, various proposals were presented for PIA and the process of privatisation, and views were expressed on various issues and important decisions were taken. The minister extended the opportunity to all the Privatisation Comm­ission’s board members and heard their suggestions. Impor­tant issues related to the privatisation of other projects were also discussed.

“The privatisation issues will be completed in accordance with the laws and regulations and keeping in view the national interest before us because the final decision on the issues of privatisation of PIA and other institutions has to be taken by the cabinet committee,” Mr Khan said, according to the ministry’s statement.

In his briefing, the secretary of the Privatisation Commission noted that several international airlines, including Turkish Air­lines and Singapore Airlines, had expressed interest in PIA’s privatisation.

Published in Dawn, November 14th, 2024

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Trump has shattered the Dems' blinkered assumption that racial minorities are defined by their race.

Republicans in North Carolina plan to override Gov. Roy Cooper's veto of an immigration and school choice bill in their closing days of session.

Call of Duty Black Ops 6 is here, and players can start gearing up for a mammoth Season 1 drop that's free of charge. Here's when the action kicks off this week