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Google Street View | PACE vans help seniors make it to their medical appointments. Access to senior care in the most rural areas of the Central Valley has long been a challenge. Transportation, managing doctor and specialist visits or struggling to find in-home care options, many seniors in the Valley are left with a “what about me?” feeling. For Tulare and Kings counties, help is on the way at the new PACE Center. Opened this past summer, the center fills a much-needed role for senior care in an underserved region. But how did senior health care get so difficult to access in the Valley, and what does PACE (Program of All-Inclusive Care for the Elderly) hope to bring to the community? It’s well known that the region has trouble recruiting health care professionals. That’s exacerbated by the sheer demand as the population ages. Rural areas have it the worst. Anshuman Srivastava, a Visalia physician, said that nationwide, 57 million Americans reside in rural areas. The Central Valley has historically fallen behind urban regions in senior care access. “Because of this the health disparity has gotten worse compared to the urban areas,” Srivastava said. “If you compare the data...we have around a 21,000-health-professional shortage in rural areas compared to only a 900-shortage in urban areas.” Srivastava said the issue often stems from prioritization of other essential needs over health — not due to lack of concern, but lack of awareness. “I’m not going to blame any people, patients or populations about it,” Srivastava said. “It’s more because health was never a priority for them.” Grady Dodson, the Visalia PACE Program Director at Family Healthcare Network, agreed that a lack of health care professional incentives also have caused the Valley to fall behind. The opening of a new PACE Center, providing senior care to residents in Tulare and Kings counties, hopes to change the narrative for senior care. PACE stands for Programs of All-inclusive Care for the Elderly and aims to provide just that — a continuum of well-rounded, holistic care for seniors, comprising many of the various specialties the community requires under one roof. Founded by Dr. William Gee and social worker Marie-Louise Ansak in San Francisco in 1971, the program keeps senior citizens out of hospitals and nursing homes, focusing on improving the quality of life for communities’ most health-vulnerable populations. “We want to see seniors age in place, remain in their communities,” Dodson said. “We know the quality of life for them is much higher there than it is, per say, going into a skilled nursing home.” The PACE Center in Visalia is funded by Medicare and functions as its members’ primary care provider, along with offering specialist services and partnering with local specialists to fill the gaps not directly provided by PACE itself. The 25,000 square-foot center, located at 500 E. School Ave. in Visalia, also boasts its own facilities including a day center for recreational therapy activities. Programming is meant to combat depression and loneliness — something that is elevated in the senior community. At the PACE center, members receive a hot lunch, engage in games and activities and also have access to a quiet room, as well as bathroom facilities with showers for members in need of hygiene assistance. “It’s really a holistic approach to their care,” he said. “The PACE Program also helps with taking care of their medications.” PACE’s system has patients working closely with an interdisciplinary team (IDT) to determine their individual needs. “Each member of the IDT, they all do their assessments — they spend a great amount of time with the participant,” Dodson said, evaluating their diets, social needs and other health concerns. “Each new participant gets that thoroughness to individualize their care plan.” Dodson added that each patient also has their own voice, granted the ability to advocate for themselves. Families also have the ability to voice their concerns. “It really becomes personal because there’s not a ‘cookie cutter,’ unlike other health care models that are out there,” he said. “PACE is guided by that principle.” Dodson said that through PACE’s work, MediCal has saved $131 million in health care costs through finding correct services for patients, preventing overlap of services and improving general day-to-day life through continuous care. In addition to the personalized services offered at PACE, the center also offers transportation — a key need for many senior residents in more rural communities. “Many of our seniors suffer from health issues simply because of a lack of transportation,” Dodson said. “If you have parents and loved ones, aunts and uncles, grandparents — some of them are not getting there because you’re busy at work and they can’t get to their next appointment.” An employee in the health care field for 17 years, Dodson, a Valley native, said that he has seen many different medical models, but said that PACE’s holistic approach and access to care is second-to-none in the health care industry. The center’s treatment of its members differs from the standard health care industry’s technique of “for service” visits. “Similar to Costco, they’re a member,” Dodson said. “You don’t treat members the same way you treat a customer; a customer’s going to be a one-time shopper...that’s the current model we have in health care now.” WelbeHealth company recently announced plans to build a second Visalia PACE center — 17,000 square feet at 1150 S. Ben Maddox Way in a complex that already includes a Kaweah Health clinic and DaVita Dialysis, reported the Sun-Gazette newspaper. WelbeHealth is a physician-led public benefit company founded in 2015 that provides comprehensive health care services for seniors. There are 99 PACE Centers and Alternative Care Sites in 27 counties serving 22,000 participants annually throughout California. Tulare and Kings county residents interested in PACE must be 55 years or older, live in the region served by a local PACE Center, be certified in the State of California as requiring nursing home-level care and be able to live safely in the community with PACE assistance. The Tulare/Kings County PACE Center can be reached at (877) 326-PACE (7223) or by email at pace@fhcn.org. Visitors are also welcome to stop by for more information at the PACE Center in Visalia, located at 500 E. School Ave. Access to senior care in the most rural areas of In a competitive real estate business that is constantly changing, On Tuesday, Dec. 10, The Business Journal hosted its 11th Access Plus Capital, a nonprofit community development financial institution thatGiants release quarterback Daniel Jones just days after benching him EAST RUTHERFORD, N.J. (AP) — The Daniel Jones era in New York is over. The Giants quarterback was granted his release by the team just days after the franchise said it was benching him in favor of third-stringer Tommy DeVito. New York president John Mara said Jones approached the team about releasing him and the club obliged. Mara added he was “disappointed” at the quick dissolution of a once-promising relationship between Jones and the team. Giants coach Brian Daboll benched Jones in favor of DeVito following a loss to the Panthers in Germany that dropped New York's record to 2-8. Conor McGregor must pay $250K to woman who says he raped her, civil jury rules LONDON (AP) — A civil jury in Ireland has awarded more than $250,000 to a woman who says she was raped by mixed martial arts fighter Conor McGregor in a Dublin hotel penthouse after a night of heavy partying. The jury on Friday awarded Nikita Hand in her lawsuit that claimed McGregor “brutally raped and battered” her in 2018. The lawsuit says the assault left her heavily bruised and suffering from post-traumatic stress disorder. McGregor testified that he never forced her to do anything and that Hand fabricated her allegations after the two had consensual sex. McGregor says he will appeal the verdict. Week 16 game between Denver Broncos and Los Angeles Chargers flexed to Thursday night spot The Los Angeles Chargers have played their way into another prime time appearance. Justin Herbert and company have had their Dec. 22 game against the Denver Broncos flexed to Thursday night, Dec. 19. Friday’s announcement makes this the first time a game has been flexed to the Thursday night spot. The league amended its policy last season where Thursday night games in Weeks 13 through 17 could be flexed with at least 28 days notice prior to the game. The matchup of AFC West division rivals bumps the game between the Cleveland Browns and Cincinnati Bengals to Sunday afternoon. NBA memo to players urges increased vigilance regarding home security following break-ins MIAMI (AP) — The NBA is urging its players to take additional precautions to secure their homes following reports of recent high-profile burglaries of dwellings owned by Milwaukee Bucks forward Bobby Portis and Kansas City Chiefs teammates Patrick Mahomes and Travis Kelce. In a memo sent to team officials, a copy of which was obtained by The Associated Press, the NBA revealed that the FBI has connected some burglaries to “transnational South American Theft Groups” that are “reportedly well-organized, sophisticated rings that incorporate advanced techniques and technologies, including pre-surveillance, drones, and signal jamming devices.” Brock Purdy will miss Sunday's game for the 49ers with a shoulder injury SANTA CLARA, Calif. (AP) — San Francisco 49ers quarterback Brock Purdy will miss Sunday’s game against the Green Bay Packers with a sore throwing shoulder. Purdy injured his right shoulder in last Sunday’s loss to the Seattle Seahawks. Purdy underwent an MRI that showed no structural damage but the shoulder didn’t improve during the week and Purdy was ruled out for the game. Coach Kyle Shanahan said star defensive end Nick Bosa also will miss the game with injuries to his left hip and oblique. Left tackle Trent Williams is questionable with an ankle injury and will be a game-time decision. Red Bull brings wrong rear wing to Las Vegas in mistake that could stall Verstappen's title chances LAS VEGAS (AP) — Max Verstappen is suddenly in jeopardy of being denied a fourth consecutive Formula 1 title Saturday night. Red Bull apparently brought the wrong rear wing to Las Vegas and GPS data showed its two cars to be significantly slower on the straights than both McLaren and Mercedes, which led both practice sessions. Red Bull says it doesn’t have a replacement rear wing in Las Vegas to fix the issue and little chance of getting two flown in from England ahead of the race. Lawyer says ex-Temple basketball standout Hysier Miller met with NCAA for hours amid gambling probe PHILADELPHIA (AP) — A lawyer for former Temple basketball standout Hysier Miller says the 22-year-old sat for a long interview with the NCAA amid an investigation into unusual gambling activity. But neither the lawyer nor federal law enforcement officials on Friday would confirm reports that a federal probe is now under way. Lawyer Jason Bologna says Miller cooperated because he hopes to play again. Miller was released last month after transferring to Virginia Tech. Temple President John Fry says the Philadelphia school has not been asked for any information from federal law enforcement officials. Caitlin Clark to join Cincinnati bid for 16th National Women's Soccer League team WNBA star Caitlin Clark has joined Cincinnati’s bid for an expansion National Women’s Soccer League team. Major League Soccer franchise FC Cincinnati is heading the group vying to bring a women’s pro team to the city. The club issued a statement confirming Clark had joined the bid group. NWSL Commissioner Jessica Berman has said the league plans to announce the league’s 16th team by the end of the year. The league's 15th team will begin play in 2026 in Boston. Alyssa Nakken, first full-time female coach in MLB history, leaving Giants to join Guardians CLEVELAND (AP) — Alyssa Nakken, the first woman to coach in an MLB game, is leaving the San Francisco Giants to join the Cleveland Guardians. Nakken made history in 2022 when she took over as first-base coach following an ejection. A former college softball star at Sacramento State, Nakken joined the Giants in 2014 and was promoted to a spot on manager Gabe Kapler’s staff in 2020, becoming the majors’ first full-time female coach. Nakken has been hired as an assistant director within player development for the Guardians, who won the AL Central last season under first-year manager Stephen Vogt. Nakken, 34, will work with former Giants coaches Craig Albernaz and Kai Correa. Aaron Judge won't be bothered if Juan Soto gets bigger contract from Yankees than his $360M deal NEW YORK (AP) — Aaron Judge won’t be bothered if Juan Soto gets a bigger deal from the New York Yankees than the captain’s $360 million, nine-year contract. Speaking a day after he was a unanimous winner of his second MVP, Judge says “It ain’t my money” and adds "that’s never been something on my mind about who gets paid the most.” Judge led the major leagues with 58 homers, 144 RBIs and 133 walks while hitting .322. Soto batted .288 with 41 homers, 109 RBIs and 129 walks in his first season with the Yankees, then became a free agent at age 26.SALT LAKE CITY — The Princeton women’s basketball team’s spirited fourth-quarter rally came up short as it fell to Utah, 79-76, on Sunday evening and was swept in both games of its west coast trip. Gianna Kneepkens scored 19 points for the Utes (8-2), including a pair of clutch free throws with three seconds remaining to give the home team a three-point lead. The Tigers (5-4) had a chance to take the lead down by one with eight seconds to play, but Skye Belker missed both free throws. Belker made five of her six 3-point attempts and finished with a game-high 24 points. Fadima Tall added 13 points and Ashley Chea finished with 11. Chea had a heave at the buzzer come up short. The Tigers trailed by 13 after three quarters and by as many as 18. The Utes scored 19 points off 15 Princeton turnovers. Princeton returns home on Wednesday to face Rhode Island in the first of a seven-game homestand that also includes the first three Ivy League games against Cornell, Harvard and Dartmouth. FDU 62, Rider 54 LAWRENCEVILLE — Teneisia Brown scored 19 points, Abaigeal Babore and Lilly Parke had 11 each and the Knights (7-2) outscored the Broncs (1-7) by six in the fourth quarter to erase a two-point deficit entering the final 10 minutes. Camryn Collins led Rider with 13 points and Gabby Turco finished with 12. Former Ewing High standout Joi Johnson recorded two points in five minutes off the bench for FDU. Wisconsin 66, Rutgers 64 MADISON, Wisc. — Ronnie Porter sank the second of two free throws with 0.7 seconds remaining and the Badgers (8-2, 1-0) repelled a comeback bid from the Scarlet Knights (5-4, 0-1) in the Big Ten opener for both. Destiny Adams poured in 23 points and Kiyomi Miller added 20 for Rutgers, but a foul with game tied at 64-all sent Porter to the line for two free throws. She missed the first and then made the second. Adams was then called for a technical foul and Natalie Leuzinger hit one of two free throws for the final margin.
With the end of the calendar year in sight, many older investors will soon be making significant withdrawals from their traditional individual retirement accounts (IRAs), 401(k)s, etc. -- in particular, those who may have been putting off beginning those withdrawals for as long as they could. See, while you don't have to take your very first required minimum distribution -- or RMD -- from most tax-deferred accounts until April 1 of the year after you turn 72, for every year beyond that first one, these withdrawals must be made by Dec. 31. So if you do postpone that first distribution into the year that you turn 73, you'll need to take two distributions that year. The starting RMD for a 73-year-old is roughly 3.7% of the account's value as of the end of the previous year, for the record. But this percentage grows a little bit every year. These distribution requirements raise an important question for many senior investors, though: If you aren't taking these disbursements anyway to cover your living expenses and other bills, what should you do with the money you're being compelled to take out of your retirement accounts? Here are five solid options to consider. 1. If you're eligible, make an IRA contribution It may sound crazy given that you're being forced to withdraw money from your retirement accounts. But presuming that you're eligible, you can simultaneously use that RMD money to help fund IRA contributions for the tax year in which you withdrew it. The chief factor in determining that eligibility, of course, will be whether or not you have earned income -- via a job that generates work-based wages. This year, anyone 50 or older can contribute the lesser of $8,000 or 100% of their workplace earnings into either a traditional IRA or (if you aren't earning too much) a Roth IRA. However, the IRS doesn't really care where the money comes from. Hitting the age when you must start taking required minimum distributions also doesn't negate your eligibility to participate in an employer-sponsored plan like a 401(k) -- assuming you're still working somewhere that offers one. Just bear in mind that depositing new money into any non-Roth IRA will cause your future RMDs to be higher than they otherwise would be. Also remember that while contributions to IRAs can be tax-deductible, required minimum distributions are also taxable income. Whatever the case, if you'd still like to keep as much money as possible in a tax-deferred account, this option would work. 2. Help cover the tax bill of a Roth conversion If you don't want to worry about any of this RMD stuff with your IRA ever again, you could make it all go away. Just convert your traditional IRA into a Roth IRA -- Roths aren't subject to required minimum distributions. This move is almost always a 100%-taxable event, however. That is to say, the entire balance you convert will be treated as taxable income in the year you perform the maneuver. While you can use some of the converted funds to cover that tax bill, that would take a sizable bite out of your balance. The conversion also doesn't negate the RMDs for any year prior to the year it is completed. With a bit of careful timing, however, you can satisfy your prior year's required minimum distribution and offset at least some of the tax cost of converting your IRA to a Roth. Something else to think about: It's better to implement Roth conversions when the stock market's down since this will minimize your tax bill. 3. Put it in a money market fund If neither of these options works for you, there are other things you can do with your RMDs that are simpler in terms of taxes. Chief among these alternatives is just taking the money and parking it somewhere safe as well as productive. A high-yield money market account will do nicely. Let's be clear. The sort of rates offered by most checking and savings accounts remain unimpressive. You'll specifically want to deposit this money into a true money market mutual fund, most of which are paying in the ballpark of 4% to 5% right now. Some of these money market funds have minimum holding periods, and in most cases, you'll need to instruct your bank or broker to sell shares of them in order to access your money. It could take a day to settle such trades. However, considering how much stronger the returns are from such accounts, they're an attractive option. 4. Invest it as your portfolio's goals dictate If you have the financial flexibility to do so, you could -- and arguably should -- reinvest your RMD money in a way that helps your overall portfolio achieve your bigger-picture goals. This could mean putting it into dividend stocks, or it could mean buying growth stocks . Or maybe both. Whatever your goal, just remember that this money is no longer in a tax-deferred account, while a sizable remainder of your retirement savings may still be in an IRA. If you're buying dividend stocks specifically to live on the income they generate, you may as well do it in a taxable brokerage account. You'll be paying taxes on that dividend income either way. 5. Give it away (tax efficiently) Finally, if you're taking required minimum distributions that you don't need now and feel confident that you'll never need in the future, you can give the money away. Of course, that's the case with any funds you might have. If you're making charitable gifts, however, you may as well make them in as tax efficient a manner as possible. Designating an RMD as a qualified charitable distribution does that job nicely. These are simply direct transfers of cash or assets to legitimate charitable organizations before they ever reach your hands or are put in your name outside of a retirement account. At first blush, this direct-gifting process seems unnecessary. After all, although required minimum distributions are taxed as income, donations are tax deductible. There is a difference, however. You have to itemize to claim regular donations as charitable deductions, but a QCD effectively acts as a deduction without itemizing by reducing what otherwise would have been taxable income. Also, for most individual filers, there are relatively low annual limits to tax deductions stemming from charitable gifts of cash or assets held in your name. That's in contrast with qualified charitable distributions, which can be used to satisfy the IRS's required minimum distribution rules, but are never put in your name to begin with and therefore don't raise your taxable income in any given year. This year's qualified charitable distribution cap is $105,000 per person, or a total of $210,000 for joint filers.Honourable Habu James Philip is the Taraba State Commissioner for Cooperative and Poverty Alleviation. In this interview with our correspondent Terna Chikpa, the Commissioner sheds light on the transformative initiatives of Governor Agbu Kefas’s aim at ending poverty in Taraba by 2027. He also speaks on the state government’s commitment to sustainable development, economic empowerment, and making Taraba a leading agricultural hub in Nigeria. Could you briefly tell us about your mandate as the Commissioner for Cooperative and Poverty Alleviation? Thank you very much. Let me introduce myself: I am Honourable Habu James Philip, the Commissioner for the Ministry of Cooperative and Poverty Alleviation in Taraba State, and I hail from Bali Local Government Area. As Commissioner, my mandate is to identify vulnerable groups; the less privileged and the poor and work towards alleviating or eradicating their hardships. We aim to improve their livelihood through collaborations with various stakeholders. Thank you, sir. In your estimation, how well has this mandate been executed so far in Taraba State? When we started, it was a challenging mandate, considering Taraba has a population of about 4 million, with the majority facing extreme poverty. Statistics show that around 80% of the population lives in poverty. Poverty affects various areas such as education, infrastructure, healthcare, and access to electricity. Upon taking office, His Excellency Governor Agbu Kefas took immediate action by declaring free education and reducing higher education fees by half, which greatly helped reduce financial burdens. Additionally, he focused on agriculture, distributing new farm implements to cooperative farmers. This move has significantly impacted poverty reduction. By 2027, I believe we’ll see tangible improvements. The government is constructing roads to facilitate access to local markets, ensuring farmers can transport their products easily. Through the Ministry of Rural Development, road rehabilitation has been prioritized. For example, tractors were recently distributed to cooperative farmers, courtesy of the North East Development Commission. We’ve also offered financial support through social grant transfers, providing 50,000 to 100,000 naira to youths aged 18 to 45. These are concrete steps toward eradicating poverty in Taraba. That’s impressive. You mentioned a recent trip to China. Can you share how that experience benefits Taraba State and possibly the North in general? My trip to China was incredibly enlightening. We studied China’s poverty eradication strategies, which primarily involved agriculture and e-commerce. China transformed its rural areas by modernizing agriculture, building infrastructure, and encouraging e-commerce. This is achievable in Taraba as well, considering our vast arable land. With the Governor’s commitment to introducing advanced farming equipment and techniques, I believe Taraba is on the right track. Poverty remains a significant issue in Nigeria, especially in the North. What specific challenges does Taraba face in this fight, and how are you addressing them? One of the major challenges we’ve faced in Taraba has been a lack of leadership focused on poverty alleviation. But this administration has taken steps to improve education, infrastructure, and healthcare, and has made advanced agricultural tools accessible. Addressing these gaps is essential, as they contribute to poverty. The Governor’s initiatives in these areas are visible across the state, and we’re already seeing positive impacts. Cooperative societies are essential for economic empowerment. What programmes do you have to strengthen cooperatives in Taraba? Before, many people viewed cooperatives only as government intervention platforms. We’ve educated them on how cooperatives can be self-sustaining and financially strong. Our ministry has been actively training and guiding cooperative societies on best practices, and our directors regularly visit them across the state. We believe cooperatives are vital for poverty eradication because they empower groups to support each other economically. How do you think these cooperative societies have improved financial security for their members? Previously, cooperatives operated independently, with members saving and pooling funds. But under Governor Kefas’s administration, we’ve provided intervention programs like tractors and fertilizers to cooperative farmers. These resources boost agricultural productivity, strengthen the state’s economy, and reinforce the importance of cooperatives. Let’s talk about agriculture, especially with your recent experience in China. How do you intend to leverage agriculture to promote industrial growth in Taraba? Agriculture is indeed Taraba’s key sector for poverty reduction. About 85% of Taraba’s population should ideally be involved in farming due to our fertile lands. With the right training, I believe that within the next decade, Taraba can become a major agricultural exporter. We already have potential with crops like soybeans, maize, guinea corn, and yam, as well as cash crops like coffee and tea. Our governor’s support in modernizing agriculture will certainly lead to a prosperous future for Taraba. Could you share some recent success stories or statistics highlighting your ministry’s achievements? We have partnered with NG-Cares to provide financial support to verified vulnerable individuals. Recently, we distributed funds to 10,049 beneficiaries. We’ve also distributed farm implements from the North East Development Commission and are continuously creating access roads through the Ministry of Rural Development. These initiatives are yielding positive results, and our education sector is being strengthened through fee reductions, allowing parents to focus on farming. How has the ministry’s empowerment initiative included women? This administration is highly focused on women’s empowerment. Through the Nigeria for Women Project, funded by the World Bank, we provided rice and groundnut processing machines to women across the 16 local government areas. Empowering women is empowering the community, and this initiative has already transformed many lives. On security, you mentioned the Governor’s efforts in addressing insecurity. Could you elaborate on his approach? Before this administration, insecurity was a major concern in Taraba. Today, the state is significantly safer. I can personally attest to this, as I move around without security. Farmers are now able to work without fear, which directly supports agriculture and economic growth. There was a recent viral video where you mentioned “sustaining poverty” in Tribune. We believe it was an error; could you clarify? Yes, thank you for bringing that up. I was in China discussing poverty eradication and sustainability, and I mistakenly said “sustaining poverty” instead of “sustaining development.” It was an honest slip of the tongue. My goal is to sustain development through agriculture, e-commerce, and social empowerment, not poverty. I hope this clarifies the issue. Lastly, how does your ministry engage with communities to ensure their needs are met and gather feedback on your programmes? The Governor selected a grassroots-focused team, including myself, which allows us to directly connect with the people. We rely on our ministry’s directors and representatives to gather accurate data and feedback. This direct approach helps us address the real needs of our communities effectively. How has your ministry engaged with communities to ensure their needs are met, and how do you gather feedback on your programmes? Those are excellent questions. His Excellency Dr. Agbu Kefas is one of the most experienced governors I have ever met. If you look at the composition of his executive cabinet, he has appointed commissioners from the grassroots level and individuals with intellectual backgrounds and substantial experience. For those of us who come from the community, data collection is straightforward because we are familiar with our people and understand their needs. Being appointed as the Commissioner for Poverty Alleviation feels like a natural fit, allowing me to engage directly with the people. My ministry has directors who gather accurate data on those who need intervention, so we don’t rely on third-party data. We conduct our research directly within the 16 local government areas, where we have established connections with the communities. We understand what each community is capable of producing. For instance, if I’m looking to empower cooperatives in southern Taraba, I know I’ll be dealing with yam farmers in places like Wukari and palm oil producers in Takum. Our data collection is effective because we know the people and what they need. You mentioned direct data collection and feedback, which leads me to ask: Do you have established channels for people across the state to share ideas or raise concerns regarding poverty alleviation initiatives? How easy is it for people to reach your ministry? Yes, we have a structured approach. Each community has gatekeepers, and Dr. Kefas has committees in place that include these community leaders. Our ministry has offices across the geopolitical zones, and these offices are always open to ideas that can help reduce poverty. For example, if farmers feel that the distributed fertilizers are inadequate or not of the best quality, they can come forward with suggestions through their gatekeepers, chairpersons, or counsellors. We’re open to feedback from all channels, whether it’s through the leaders of various organizations or directly from the communities. Benue State has always been known as the “Food Basket of the Nation.” However, recently, the governor of Niger State has earned a reputation as the “Farmer’s Governor” due to strong agricultural initiatives. Now, considering what Governor Kefas is doing in agriculture, do you see Taraba State becoming the new food basket, potentially surpassing Benue and Niger States? That’s a timely question. Benue may hold the basket, but we’re holding the food. Much of what is produced in Niger State actually originates from Taraba. If we were to close our borders, many parts of Nigeria would feel the impact. Taraba has long been a champion in agriculture, supplying the entire Northeast and much of the North Central region. Even before this administration, our farmers were producing food in abundance. If you’re transporting crops like maize or rice through Benue on the way to the south, you’ll pass countless checkpoints because they know the produce is from Taraba. The truth is, we produce the food, and they get the credit due to a strong media presence. But we are changing that. Our Ministry of Commerce is launching “Taraba Sacks” to proudly label our produce. With Governor Kefas introducing new agricultural technologies, we will show the country that Taraba is indeed the primary food source. What are your top priorities for the next few years in terms of poverty alleviation and economic development in Taraba State? By 2027 and beyond, poverty in Taraba State will be significantly reduced. When people have access to good food, decent housing, healthcare, and quality education, that’s the foundation for a prosperous life. Governor Kefas has taken significant steps to move Taraba out of poverty. Mark my words—Taraba will be a state that offers support to others, instead of needing assistance. That’s an ambitious vision. As one of Governor Kefas’s trusted allies, how would you describe him? Governor Kefas is a true “bulldozer.” He’s a “talk and do” leader with a profound sense of humanity. He has nearly eliminated opposition in Taraba and created an environment of unity. He doesn’t want to see any child struggling to get to school or going hungry. He is dedicated to ensuring that parents who serve the government receive their deserved gratuities, and he’s committed to providing affordable education to all. To me, he’s a transformative leader, and I consider him a saviour for Taraba State. READ MORE FROM: NIGERIAN TRIBUNE Get real-time news updates from Tribune Online! 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MONTREAL - Second Cup Canada is cutting ties with a franchisee operating at Montreal’s Jewish General Hospital who was allegedly filmed making hateful and antisemitic comments during a protest in the city last week. Second Cup Canada announced Saturday it was cutting ties with a franchisee for “making hateful remarks and gestures,” and adding in a statement the actions breach the franchise agreement as well as inclusion and community values held by the chain. Peter Mammas, CEO of Montreal-based Foodtastic, which owns Second Cup Canada, said in an interview on Sunday that he was at the movies when his phone started pinging non-stop. He saw the videos and the company’s operations staff spoke to employees that knew the woman, and they confirmed it was indeed the franchisee. Video shot during a pro-Palestinian demonstration outside of Concordia University’s downtown Montreal campus Thursday shows a woman walking around, masked, saying the “final solution is coming your way” — wording used to describe a Nazi plan to eliminate Jews in Europe during the Second World War. Another video also shows what appears to be the same woman, unmasked, making a Nazi salute while walking away. “We’re all for free speech and respectful conversations, but this wasn’t that,” Mammas said. “This was hate speech, and it was something that we thought could incite violence and we’re completely against that, so we sat down with our team and decided to revoke the franchise agreement.” Attempts to reach the franchisee were unsuccessful on Sunday. “Second Cup has zero tolerance for hate speech,” the coffee chain said in a statement on X. “In co-ordination with the hospital, we’ve shut down the franchisee’s café and are terminating their franchise agreement.” Mammas said lawyers for the franchisee and Second Cup were expected to meet on Monday. The regional health agency serving West-Central Montreal, which includes the Jewish General Hospital, said it was made aware of the video “containing antisemitic and hateful messaging.” The video is related to a franchisee of Second Cup, one of the private tenants operating within the (Jewish General), Carl Thériault, a spokesman, said in a statement on Sunday. “We fully support Second Cup’s decision to take swift and decisive action in this matter by shutting down the franchisee’s cafés and terminating their lease agreement.” The hospital has two locations operated by the same franchisee and both were shuttered on Saturday by the owners of the chain. The health agency “is committed to fostering a culture of inclusion and stands firmly against antisemitism and any other form of discrimination or hate speech,” Thériault said. “We have franchisees who are Muslim, we have franchisees who are Jewish, we have franchisees that are Greek, French, we have employees from all different nations,” Mammas said. “So we definitely have no issue with that and we don’t take any political side, but ... hate speech ... you know we can’t accept that.” This report by The Canadian Press was first published Nov. 24, 2024.Iowa quarterback Cade McNamara released a statement Friday slamming the "100% false" media reports that suggested he had thrown his final pass for the Hawkeyes. McNamara has been sidelined since sustaining a concussion during the Oct. 26 win against Northwestern. Backup quarterback Brendan Sullivan has started the last two games for the Hawkeyes (6-4, 4-3 Big Ten) but is out with an ankle injury for Saturday's game at Maryland (4-6, 1-6). Iowa coach Kirk Ferentz said earlier this week that Jackson Stratton will be the likely starter against the Terrapins if McNamara is unavailable. McNamara's cloudy status prompted speculation on a podcast this week that he was "not mentally ready to play." The podcast hosts from the Des Moines Register and The Athletic also suggested that McNamara -- who played three years at Michigan (2020-22) before transferring to Iowa -- is not "fit to play quarterback in the Big Ten right now." "We don't want to bury his career yet, but it does seem like that interception against Northwestern was his last snap as a Hawkeye," Leistikow said. McNamara, who passed for 1,017 yards with six touchdowns and five interceptions in eight games this season, released a statement updating his current status. "My status is the same as it's always been -- a proud member of this football team," he said. McNamara said he has not yet been cleared to play. He said he was cleared to practice on Sunday but suffered an "adverse reaction" and was unable to practice this week and therefore unable to travel with the team to Maryland. "I have been working with the University of Iowa doctors and trainers, a concussion specialist focused on vision training, as well as engaging in hyperbaric treatments as frequently as possible," McNamara said. "I have every intention to play versus Nebraska next Friday night and I am confident that my teammates will return from Maryland with a win." Including his time with the Wolverines, McNamara has completed 60.9 percent of his passes for 4,703 yards with 31 touchdowns and 15 interceptions in 34 games. --Field Level Media
Santa Ana’s sole independent bookstore LibroMobile may be closing its doors. “In the last six months, our book sales have been incredibly low, and so on top of that, California state arts funding was cut, which means we lost two big grants, like $50,000 worth of funding that we normally get for our programming,” says owner and founder Sarah Rafael García. “We don’t have enough money projected for 2025. Right now, we’re not even sure we’re going to make it to June.” SEE ALSO : Sign up for our free Book Pages newsletter about bestsellers, authors and more García, who works another full-time job that runs through May, has had to cancel LibroMobile’s annual literary festival and events programming and she’s been dipping into her own income to keep the doors open at the store, which has two employees and additional student help. “I have been contributing my own personal funds to keep it going,” she says. “We’re grassroots – I’m not a rich person, you know? I started the bookstore with a $10,000 yearly income, so I always tell people, I know how to survive off of very little money.” She plans to continue doing pop-up sales events and the quarterly open mic night, although the money crunch has affected that event as well. “We cannot pay our headliners. So whatever poet chooses to accept the invite to headline, they’re doing it for free,” she says. The problem, she says, is not enough book buyers. “We won’t be able to maintain a brick and mortar if people don’t buy books,” she says. “If we don’t increase book sales significantly in the next couple months, then in March I’m going to have to probably announce that we’re definitely closing in June.” And while she says she’ll find a way to keep doing pop-ups and other events – she launched LibroMobile with a hand-me-down garden cart that gave the venture its name – “We won’t have a brick and mortar store, which is a really sad thing for our city, as the only independent bookstore in Santa Ana.” No, it’s not the rent García makes one thing clear: Don’t blame her landlords. “We don’t pay market-rate rent. So when people say, ‘Oh, it’s your landlord, they should decrease it.’ That’s not true. They have been 100% supportive. They have not increased our rent because they know we’re in this situation,” she says. “They want to figure out how to make it work.” She says LibroMobile reciprocates by creating community events in English and Spanish at the Bristol Swap Meet to bring people to the food courts as well as by helping to fund the site’s murals with grant money and city support. “We’re more than a bookstore. We’re creating a place for our community where they can explore literature and the arts without having to pay for it,” she says, but adds that there are always costs to cover. “We have to pay a DJ. We have to pay for the equipment. Sometimes we have to rent chairs if we expect a bigger crowd for an event. So all those are additional costs.” But she’s committed to serving the community. “This is home for me ... Santa Ana is where I went to school and keep returning, even though I have nobody left here, other than friends and chosen family, my godparents. But it’s still what I call home.” Her father, Rafael Castillo García, worked for The Orange County Register for 10 years until he died unexpectedly in 1988 at age 36. She recalls how her father – who studied the paper to improve his language skills, attended community college and wrote poems he’d leave on the family refrigerator – would leave the house dressed in crisp slacks and a dress shirt. “He always dressed sharp to go to work, to try to impress us to have better jobs,” says García, who would learn about the physical nature of his work after his death. “I didn’t know he was a labor worker. I had to go empty his locker out, and I found the coveralls.” What’s next? García says she has considered suggestions to start a crowdfunding campaign but ultimately decided against it. “I know I could probably set up a GoFundMe, but where would that take us a year or two from now? We’ll be in the same position. If I don’t cultivate the culture and the tradition in Santa Ana and Orange County, then we’re still not creating sustainability,” she says. “I’m trying to cultivate the want and the need of books, not just holding rent.” So what can local readers do to help? “I want them shopping at the bookstore. [laughs] We go days without someone buying a book sometimes,” she says. “We are the only bookstore in Santa Ana, but not just that. We’re the only bookstore in Orange County that prioritizes Black, Indigenous, and People of Color books, as well as Spanish, multicultural and bilingual books. We have a whole beautiful collection of BIPOC cookbooks – like, who does that, right? – on top of a special collection that prioritizes ethnic studies, gender studies and academic books at affordable prices.” SEE ALSO : Bestsellers, authors, books and more can be found in the Books section García underscores her commitment to keeping prices reasonable – or even free. She stocks a Little Free Library at the Bristol Swap Meet, too. “Maybe that’s why we’re not making enough money. But that’s the whole point of keeping books that are relevant to our community accessible and affordable,” she says. While she says that the store is proudly political, García thinks LibroMobile has something that benefits the entire community. ”If you don’t like our politics, there’s still plenty of other books you can read in our store,” she says. “We have something for everyone, but we’re also not going to hide our political stances for the sake of capitalism.” For more stories about : Sign up for our free Book Pages newsletter about bestsellers, authors and moreAP Trending SummaryBrief at 9:28 a.m. EST
B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in Essex Property Trust, Inc. ( NYSE:ESS – Free Report ) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 2,185 shares of the real estate investment trust’s stock, valued at approximately $645,000. A number of other institutional investors and hedge funds have also recently modified their holdings of ESS. Legacy Wealth Asset Management LLC lifted its stake in Essex Property Trust by 4.7% during the 3rd quarter. Legacy Wealth Asset Management LLC now owns 775 shares of the real estate investment trust’s stock valued at $229,000 after acquiring an additional 35 shares in the last quarter. EP Wealth Advisors LLC lifted its position in shares of Essex Property Trust by 3.7% during the first quarter. EP Wealth Advisors LLC now owns 1,228 shares of the real estate investment trust’s stock valued at $301,000 after purchasing an additional 44 shares in the last quarter. M&R Capital Management Inc. boosted its holdings in Essex Property Trust by 5.4% during the second quarter. M&R Capital Management Inc. now owns 1,014 shares of the real estate investment trust’s stock worth $276,000 after purchasing an additional 52 shares during the last quarter. Quilter Plc grew its position in Essex Property Trust by 0.6% in the 2nd quarter. Quilter Plc now owns 8,698 shares of the real estate investment trust’s stock worth $2,368,000 after purchasing an additional 52 shares in the last quarter. Finally, Mather Group LLC. increased its stake in Essex Property Trust by 7.4% in the 3rd quarter. Mather Group LLC. now owns 781 shares of the real estate investment trust’s stock valued at $231,000 after buying an additional 54 shares during the last quarter. 96.51% of the stock is currently owned by institutional investors. Insiders Place Their Bets In other news, Director Amal M. Johnson sold 2,453 shares of the business’s stock in a transaction dated Friday, August 30th. The stock was sold at an average price of $300.00, for a total transaction of $735,900.00. Following the completion of the transaction, the director now owns 2,585 shares of the company’s stock, valued at approximately $775,500. The trade was a 48.69 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, CEO Angela L. Kleiman sold 8,080 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $315.10, for a total transaction of $2,546,008.00. Following the completion of the sale, the chief executive officer now directly owns 9,494 shares in the company, valued at $2,991,559.40. This represents a 45.98 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold 20,402 shares of company stock worth $6,399,663 in the last ninety days. 3.80% of the stock is currently owned by insiders. Analyst Ratings Changes View Our Latest Research Report on ESS Essex Property Trust Trading Up 0.4 % Shares of ESS opened at $305.53 on Friday. The business’s 50-day moving average price is $297.17 and its 200-day moving average price is $285.35. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.13. Essex Property Trust, Inc. has a twelve month low of $210.36 and a twelve month high of $317.73. The stock has a market cap of $19.64 billion, a PE ratio of 35.69, a P/E/G ratio of 5.99 and a beta of 0.88. Essex Property Trust ( NYSE:ESS – Get Free Report ) last posted its earnings results on Tuesday, October 29th. The real estate investment trust reported $1.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.88 by ($2.04). The firm had revenue of $450.70 million during the quarter, compared to analysts’ expectations of $445.88 million. Essex Property Trust had a return on equity of 9.72% and a net margin of 31.55%. During the same quarter in the prior year, the company earned $3.78 earnings per share. On average, equities analysts forecast that Essex Property Trust, Inc. will post 15.56 EPS for the current fiscal year. Essex Property Trust Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, October 11th. Investors of record on Monday, September 30th were given a dividend of $2.45 per share. This represents a $9.80 annualized dividend and a yield of 3.21%. The ex-dividend date of this dividend was Monday, September 30th. Essex Property Trust’s payout ratio is 114.49%. About Essex Property Trust ( Free Report ) Essex Property Trust, Inc, an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development. Read More Want to see what other hedge funds are holding ESS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Essex Property Trust, Inc. ( NYSE:ESS – Free Report ). 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Rutgers looks to pick up steam in clash vs. Seton HallAfter a Thursday collapse, Indian equity markets rebounded strongly on Friday helped by buying trends across sectors with IT and bank heavyweights throwing their weights around. Individually Reliance Industries (RIL) was the single biggest contributor to their surge. While the S&P BSE Sensex settled at 79,117.11, up by 1961.32 points or 2.54%, the broader Nifty closed at 23,907.25, higher by 557.35 points or 2.39%. Here's how analysts read the market pulse: Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said that Nifty is back to its 200-DMA after a strong Friday recovery, indicating an improving trend. Additionally, the 50-stock index has broken out of a few days of congestion on the daily timeframe, he said. "The RSI has entered a bullish crossover near the oversold zone, suggesting positive momentum. The sentiment appears favorable for a meaningful rally in the short term, as long as the index stays above 23,600,” De said. US markets Wall Street closed higher on Friday, with all three major indexes posting weekly gains, as investors took comfort from data pointing to robust economic activity in the world's biggest economy. A measure of business activity raced to a 31-month high in November, boosted by hopes for lower interest rates and more business-friendly policies from President-elect Donald Trump's administration next year. Stock Trading Introduction to Technical Analysis & Candlestick Theory By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading Complete Guide to Stock Market Trading: From Basics to Advanced By - Harneet Singh Kharbanda, Full Time Trader View Program Stock Trading Derivative Analytics Made Easy By - Vivek Bajaj, Co Founder- Stockedge and Elearnmarkets View Program Stock Trading RSI Trading Techniques: Mastering the RSI Indicator By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading RSI Made Easy: RSI Trading Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Market 104: Options Trading: Kickstart Your F&O Adventure By - Saketh R, Founder- QuickAlpha, Full Time Options Trader View Program Stock Trading Futures Trading Made Easy: Future & Options Trading Course By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Stock Trading Technical Analysis for Everyone - Technical Analysis Course By - Abhijit Paul, Technical Research Head, Fund Manager- ICICI Securities View Program Stock Trading Dow Theory Made Easy By - Vishal Mehta, Independent Systematic Trader View Program Stock Trading Heikin Ashi Trading Tactics: Master the Art of Trading By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading Markets 102: Mastering Sentiment Indicators for Swing and Positional Trading By - Rohit Srivastava, Founder- Indiacharts.com View Program Stock Trading Algo Trading Made Easy By - Vivek Gadodia, Partner at Dravyaniti Consulting and RBT Algo Systems View Program Stock Trading Technical Analysis Made Easy: Online Certification Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program European Markets Tech led gains in Europe on Friday, with the benchmark stock index on track for its first weekly advance in five, as the recent selling pressure due to geopolitical tensions eased, but the mood was still sombre after discouraging economic data. The pan-European STOXX 600 was up 0.6% as of 0915 GMT and was set for its second day of gains. Tech View Decoding the technical charts, Jatin Gedia, Technical Research Analyst at Sharekhan said that Nifty opened gap up today and witnessed a short covering rally. "It surpassed the high of the last five trading sessions and closed with gains of 557 points. On the daily charts we can observe that the Nifty surpassed the previous swing high of 23,780 and thereby reversing its short-term trend," Gedia said. On the upside he expects the Nifty to retrace towards 24,400 with potential to extend towards 24,730 while on the downside, 23,630 – 23,560 should act as a crucial support zone and only a dip below these levels will make the structure weak. Most active stocks in terms of turnover Protean eGoV Technologies (Rs 460.27 crore), Adani Green Energy (Rs 263.12 crore), Adani Enterprises (Rs 254.34 crore), Adani Power (Rs 193.80 crore), Power Grid (Rs 182.67 crore), Adani Ports (Rs 176.14 crore) Paytm (Rs 152.02 crore), Reliance Industries (Rs 131.50 crore) and SBI (Rs 124.03 crore) were among the most active stocks on BSE in value terms. Higher activity in a counter in value terms can help identify the counters with highest trading turnovers in the day. Most active stocks in volume terms Vodafone Idea (Traded shares: 7.25 crore), Srestha Finvest (Traded shares: 3.16 crore), Suzlon Energy (Traded shares: 1.58 crore), GTL Infra (Traded shares: 86.26 lakh), SpiceJet (Traded shares: 60.73 lakh), Yes Bank (Traded shares: 54.99 lakh) and Power Grid (Traded shares: 54.93 crore) were among the most actively traded stocks in volume terms on BSE. Stocks showing buying interest Shares of SBI, Bajaj Finance, Raymond, Praj Industries, Swan Energy, EaseMyTrip, MRPL and Sobha were among the stocks that witnessed strong buying interest from market participants. 52 Week high Over 163 stocks hit their 52-week highs today while 107 stocks slipped to their 52-week lows. Among the ones that hit their 52 week highs included Coforge, Coromandel International, CRISIL, Fortis Healthcare, HCL Technologies, Mastek, National Aluminium Company and Finance Company and Persistent Systems. Stocks seeing selling pressure Among the largecap names was Bajaj Auto. Other stocks that witnessed significant selling pressure were Adani Energy Solutions, Adani Green Energy, Network18 Media, Torrent Power, and Honasa Consumer (Mamaearth). Sentiment meter favours bears Action in heavyweights like Reliance Industries (RIL), Infosys and SBI helped markets shoot up amid buying trends across sectors. The market sentiments were bullish. Out of the 4,041 stocks that traded on the BSE on Friday, 1,539 stocks witnessed declines, 2,396 saw advances while 106 stocks remained unchanged. Also Read: ACC, Adani Enterprises among 6 Adani Group stocks where FIIs cut stakes in CY2024 (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel )
El Sailon hosts an ongoing speaker series focusing on Artificial Intelligence in Santa FeST. LOUIS — Robert Thomas scored twice, Jordan Kyrou had a goal and an assist, and the St. Louis Blues beat the Nashville Predators 7-4 on Friday night. Joel Hofer made 26 saves for the Blues, and defenseman Cam Fowler added a goal and two assists. Zack Bolduc, Philip Broberg and Colton Parayko also scored for St. Louis. Dylan Holloway had two assists. Steven Stamkos and Jonathan Marchessault each had a goal and an assist for Nashville. Mark Jankowski and Nick Blankenburg also scored. Predators goalie Juuse Saros was pulled in the second period after allowing five goals on 15 shots. Thomas scored the first goal of the game and got another one on a power play at 15:10 of the third period off assists from Kyrou and Fowler to make it 6-4. Parayko added an empty-netter with 1:15 remaining. Nashville Predators' Jeremy Lauzon (3) and St. Louis Blues' Tyler Tucker (75) fight during the first period of an NHL hockey game Friday, Dec. 27, 2024, in St. Louis. Credit: AP/Scott Kane St. Louis scored on its first two shots. Thomas got an unassisted goal 1:20 into the game when he picked off a pass by Gustav Nyquist and scored with a wrist shot. Bolduc then fired in a slap shot from the right circle at 2:47. Takeaways Predators: Saros was pulled after he poked the puck directly to Broberg, who scored unassisted from the left circle at 15:29 of the second to make it 5-3. Justus Annunen replaced Saros and made 12 saves on 13 shots. Blues: Hofer improved to 5-0-1 in his last seven appearances. He is 8-3-1 this season. Key moment Fowler gave St. Louis a 4-2 lead at 18:05 of the first with a slap shot from inside the blue line for his first goal of the season. St. Louis acquired him from Anaheim in a Dec. 14 trade. St. Louis Blues' Jordan Kyrou (25) celebrates with teammates after scoring during the first period of an NHL hockey game against the Nashville Predators, Friday, Dec. 27, 2024, in St. Louis. Credit: AP/Scott Kane Key stat Thomas has 18 points in his last 12 games (six goals, 12 assists). Up next The Predators play Monday at Winnipeg. The Blues host Buffalo on Sunday.Danel Aboitiz —CONTRIBUTED PHOTO A notable trait that can set the Aboitiz Group apart is its sheer longevity—which it owes to the successful, intergenerational management by cousins, rather than by siblings or father-and-son teams. This makes it quite unique among the country’s enduring family-run conglomerates. The reins are currently held by Aboitiz Equity Ventures (AEV) CEO Sabin Aboitiz, a member of the fourth generation who is focused on transforming the group into a “techglomerate,” where operations make full use of the latest technological innovations. Helping Sabin achieve this goal is a growing echelon of nephews and nieces—the fifth generation—holding top positions across the group. One of them is 43-year-old Danel Aboitiz, the only son of AEV chair Enrique Aboitiz and renowned painter Valeria Cavestany. Danel took over as president and CEO of Aboitiz Power Corp. on July 1 this year. Much is expected of Danel as his portfolio—consisting of 49 power generation facilities and nine electric distribution sites across the Philippines— accounts for the majority of the group’s total earnings. At the end of the first nine months of 2024, AEV, which also has interests in power, banking, property development, infrastructure and food, rang up a net income of P18.8 billion, up 4 percent from the P18 billion recorded in the same period last year. And of that profit, AboitizPower accounted for 64 percent or P14.5 billion, a share that was also up by 4 percent from the previous year thanks to higher generation and additional supply from newly built solar power plants. Danel’s decisions have an outsized impact on a conglomerate whose history traces back to the late 1800s. But he has years of experience to guide him. Before taking over as CEO, Danel was the chief commercial and stakeholder engagement officer and the senior vice president of the Regulatory Affairs and External Relations at AboitizPower. He also served as president and chief operating officer within the company’s coal and oil business units. He also significantly contributed to its geothermal business unit and the SN Aboitiz Power Group, the joint venture between Scatec of Norway and AboitizPower for large hydropower facilities in Luzon. He earned a Master of Arts degree in Philosophy and Politics from the University of Edinburgh in Scotland, and also completed a year of study at the Beijing Language and Culture University. As CEO, Danel, who was recruited to the group by his uncle and former AEV CEO Erramon Aboitiz, is determined to further grow its assets, which will include both traditional and renewable power plants. At present, about 70 percent of AboitizPower’s output still comes from fossil fuel-fired plants, including those using coal. But the medium to long-term goal is to gradually increase the share of renewables as long as the price and reliability issues are addressed. Danel is also an advocate of upstream natural gas and coal exploration, as he believes that securing indigenous sources will not only improve the country’s energy self-sufficiency but also provide a shield from global price fluctuations and foreign exchange risks. But he also hopes to introduce another type of “derisking” to AboitizPower, one aiming for a scenario where the company would no longer depend most heavily on Philippine operations for its revenues. Plans are therefore in place to expand abroad. “We are also looking to diversify away from coal, not to have an overreliance on just one technology. It does not mean we won’t build coal; it only means we will build other things faster,” Danel says. As AboitizPower expands, Danel says, the company will continue to be guided by the “timeless” values of integrity, responsibility, teamwork, innovation and service excellence. He defines integrity and responsibility as delivering on the group’s commitments and leaving things better than when they found them. These values, he says, provide AboitizPower with a strong foundation on its path toward achieving ambitious goals, which include having 4,600 megawatts of renewable capacity by 2030. Teamwork, or the desire for genuine collaboration across units within and outside the company, is a competitive advantage at AboitizPower, Danel stresses. Coupled with innovation and creative thinking, this allows them to capture synergies and efficiencies, therefore making the collective greater than the sum of its parts. Finally, and most importantly, service excellence, which Danel says is AboitizPower’s “reason for being.” “We always have the customer in mind. We strive to operate like a competitive retail business rather than a monopolistic utility. We endeavor to understand the needs of our customers, and innovate to better respond to their needs.” Putting the customer at the center of the business is a value that Danel shares with the rest of his cousins—and there are 17 of them, as of the last count, holding key posts across the organization. They all trace their roots to Paulino Aboitiz, a Spaniard who established Aboitiz & Co. in the late 1800s as a trading business dealing in abaca and general merchandise in Ormoc, Leyte. Also among the fifth-generation cousins managing the group are incoming Union Bank of the Philippines CEO Ana Aboitiz-Delgado, incoming Aboitiz Land Inc. CEO Rafael Fernandez de Mesa, and Pilmico Corp. CEO Tristan Aboitiz. Danel believes that family members naturally take a much longer view of the business, having an intimate knowledge of its history and deeply mindful of the legacy they want to leave for those next in line. Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . But at the same time, this filial foundation of strength still needs to be fostered by a merit-based working environment, where professionals outside the generational circle can also thrive, grow as leaders in their own right, and help achieve the company’s mission. INQUndated file photo shows an aerial view of the ruins of an ancient city found at the Erlitou ruins in central China’s Henan Province. – Xinhua photo ZHENGZHOU (Dec 28): Chinese archaeologists have reported a significant breakthrough in their research on the Xia Dynasty (2070-1600 BC), China’s earliest known dynasty. They discovered rammed earth structures highly suspected to be the city walls of a Xia Dynasty capital. The findings were presented on Thursday during a briefing by the National Cultural Heritage Administration, which also highlighted other recent archaeological discoveries in the country. The rammed earth structures, extending over 2,000 metres in total, were excavated in Gucheng Village in central China’s Henan Province. Gucheng Village lies just opposite the renowned Erlitou ruins, a previously excavated site that archaeologists identified as one of the capital cities during the Xia Dynasty, across the Luohe River. The structures are highly likely to be the long-sought city walls of the Erlitou capital city, according to the archaeological team studying the Gucheng Village ruins. As ancient cities in China were typically fortified with city walls, the absence of city walls at the Erlitou ruins has become a missing puzzle piece that generations of Chinese archaeologists have been trying to uncover. Discovered in 1959 by the late historian Xu Xusheng, Erlitou, known as “the earliest China,” is of great reference value for studying the origin of Chinese civilisation, the rise of kingdoms, the regulation of ancient capitals, and other major issues related to the development of Chinese civilisation. Its central area currently covers approximately 3 million square metres. “The new findings have expanded the known area of the Erlitou capital city, offering crucial insights into its overall layout,” said Wang Wei, director of the Henan Provincial Institute of Cultural Heritage and Archaeology, adding that the identification of the city walls will greatly alter the current understanding of the urban and cultural development of Erlitou ruins. Since its excavation in 2021, Gucheng Village ruins have seen three ditches (G1, G2 and G3) unearthed alongside the newly discovered rammed earth wall. Erlitou culture can be traced back 3,500 to 3,800 years. It was named after the Erlitou ruins. The G2 and G3 ditches and the rammed earth wall are from the same period as the main roads, walls and other rammed earth structures of the Erlitou ruins, noted Zhao Haitao, head of the Erlitou work team under the Institute of Archaeology, Chinese Academy of Social Sciences. The ditches and rammed earth structures enclose the Erlitou ruins on the eastern and northern sides. “Therefore, it is highly likely that they are the ditches and city walls encircling the Erlitou capital city,” Zhao added. The next step for the archaeologists will be to investigate the chronology and changes in the location of the ancient riverbed of the Luohe River, among other aspects, to gain further insights into the ditches and rammed earth walls, according to Zhao. The excavation and research related to the Erlitou ruins and the Gucheng Village ruins are ongoing. – Xinhua
NetApp Analysts Raise Their Forecasts After Strong Earnings
Ukrainian leader Volodymyr Zelenskyy on Sunday said Kyiv needed an "enduring" peace to protect it from Russia, after talks in Paris with U.S. President-elect Donald Trump, who warned he would "probably" reduce aid to Ukraine. Trump had earlier said Zelenskyy was keen for a "deal" and called for negotiations to start. The pair met a day earlier with French leader Emmanuel Macron at the Elysee. Trump, in an interview aired Sunday but recorded before the Saturday meeting, said his incoming administration would reduce aid to Ukraine, which Washington has been steadfastly backing since its invasion by Russia nearly three years ago. "Possibly. Yeah, probably, sure," Trump told NBC's "Meet the Press". Trump has boasted he could end the conflict swiftly without saying how. Moscow and Kyiv are readying for his arrival in the White House, with an escalation in deadly attacks in recent weeks in the drawn-out conflict. The Ukrainian president, who had previously opposed any territorial concessions, has eased his position in recent months. His army is struggling on the front line and fears are mounting of dwindling Western aid. Zelenskyy has floated the idea of temporarily forgoing Russian-controlled areas -- about one fifth of Ukraine -- in exchange for NATO security guarantees and weapons deliveries from the West. "I stated that we need a just and enduring peace -- one that the Russians will not be able to destroy in a few years, as they have done repeatedly in the past," Zelenskyy said on social media. Almost three years of war have ravaged Ukraine, killing thousands and leading millions to flee the country. "Ukrainians want peace more than anyone else," said Zelenskyy. "Russia brought war to our land, and it is Russia that most seeks to disrupt the possibility of peace". He called on Western allies not to "turn a blind eye to occupation" and said Kyiv would only agree to a deal that would bring long-term peace. "War cannot be endless -- only peace must be permanent and reliable," he said. In a rare admission of numbers, Zelenskyy said 43,000 Ukrainian troops had been killed in combat, while some 370,000 were wounded. Russia has not put an official figure on its losses, but independent media outlet Mediazona and the Russian service of the BBC -- working from publicly available data -- have estimated they have lost more than 82,000 soldiers. Some analysts believe the true figures on both sides could be higher. Zelensky gave no specifics on what any talks might look like, but a senior Ukrainian official said they had discussed "some key conditions" for ending the war. "We are not disclosing details, but the presidents discussed at the meeting that there should be something that would guarantee the reliability of the peace," the source added. The Kremlin, meanwhile, accused Ukraine of "refusing" to negotiate an end to the war. It said its conditions to enter peace talks -- which include Kyiv giving up four regions -- remain unchanged. "The Ukrainian side refused and is refusing negotiation," Kremlin spokesman Dmitry Peskov said. He referred to a 2022 Ukrainian decree that ruled out talks with Putin, but not other Russian officials. Trump had earlier called for an "immediate ceasefire" and called for talks to begin. "Too many lives are being so needlessly wasted, too many families destroyed, and if it keeps going, it can turn into something much bigger, and far worse," he wrote on his Truth Social platform. Trump has said he has good relations with Putin. As leaders made statements in Kyiv, Moscow and Paris, the situation on the ground in eastern Ukraine remained dire. Moscow claimed another village in the east -- Blagodatne in the Donetsk region -- on Sunday, pressing steady gains. Russian forces are just a few kilometers away from the eastern city of Pokrovsk. Many in Ukraine have feared that Trump taking office would force it to make heart-aching concessions to Russia, while the nation is also suffering exhaustion. In the village of Osynovo in the eastern Kharkiv region, news of the meeting between Trump and Zelensky offered some hope to one of the frontline village's last remaining residents, Mykola Lytvynov. Cleaning earth from vegetables in his backyard, the 80-year-old said he hoped the meeting could help bring about a negotiated end to the conflict. "How long can we be at war? So many people have been killed, so many young people. And you see the massive level of destruction," he told AFP. He suggested Ukraine could have retained more of its territory by already entering into talks with Russia, but said he hoped for an end to the fighting for another, personal reason. "Both my sons are fighting. I just want them to survive." Ukraine also said that two civilians had been killed in the Donetsk region and a 73-year-old man in a village in the southern Kherson region. Kyiv said seven other people were wounded in attacks in other villages of the Kherson region.ST. PAUL — Kris Bolle is living the “van life” these days with Annie, his mini Australian shepherd. Bolle, 46, bought a 2020 Dodge Ram ProMaster cargo van this past fall. The Hayfield resident planned, essentially, a studio apartment inside. The van with a high roof has room for a full bed, a small kitchen area and a writing desk. He saves money by forgoing rent, but there is a cost — isolation. It’s a lifestyle he’s grown accustomed to since he had to hide his sexuality over the years, including in the Navy under the now-defunct “Don’t Ask, Don’t Tell” policy, which allowed gay and lesbian service members to stay in the military as long as they weren’t out, he said. “I had to be very, very tight-lipped about me ... so I’m used to it,” Bolle said. “But yes, it wears on you. It wears you down, and you feel isolated and you feel left out.” About 48% of Minnesotans feel left out some of the time or often, according to the “Minds of Minnesotans” survey conducted by APM Research Lab. The poll also finds that about half of Minnesotans feel lonely, at least some of the time. More specifically, 13% say they “often” lack companionship and another 35% lack companionship “some of the time.” Results were similar when Minnesotans were asked how often they feel left out and isolated from others. Bolle was one of 3,399 participants surveyed by the firm Lumaris. He said he often feels a lack of companionship as well. He hasn’t been in a relationship since 2009. He often feels left out and sometimes feels isolated. “I’m isolated in the sense where I really can’t find a suitable partner,” he said. His social connections are at his nursing assistant job, which he looks forward to, Bolle said. He’s never thoroughly enjoyed a job as much as his role at a skilled nursing facility, he said. “Work is great. I get to see people, I get to interact with people. I get to chat and talk and all the things that you know, that people do,” Bolle said. “That’s really hard to find.” The APM Research Lab included these questions in the survey, conducted this year between July 20 and Nov. 22, to better understand what the U.S. Surgeon General has called “Our Epidemic of Loneliness and Isolation.” The three questions used in the APM Research Lab survey were replicated from the widely used UCLA Loneliness Scale to help assess Minnesotans’ state of mind in the post-pandemic era, and possibly to help identify groups of Minnesotans that are faring better or worse with feelings of loneliness and isolation. In 2023, U.S. Surgeon General Dr. Vivek Murthy issued a report calling loneliness an epidemic, posing significant health risks akin to tobacco usage, obesity and addiction. Loneliness intersects with various aspects of people’s lives, said Carrie Henning-Smith, an associate professor in the Division of Health Policy and Management at the University of Minnesota School of Public Health. “Social isolation and loneliness have profound impacts on health, on mortality risks, on all of the ways that our lives play out within health, within that sphere, but in so many other ways, too,” said Henning-Smith, who conducts research on rural populations as the co-director of the University of Minnesota Rural Health Research Center and the Rural Health Program. According to the U.S. Surgeon General report, “the physical health consequences of poor or insufficient connection include a 29 percent increased risk of heart disease, a 32 percent increased risk of stroke, and a 50 percent increased risk of developing dementia for older adults.” A lack of social connections increases the risk of premature death by more than 60%, the report added. Mary Jo Kreitzer, the founder and director of the Earl Bakken Center for Spirituality and Healing at the University of Minnesota, said the report is significant. “Just by him [Murthy] touching that subject, everybody remembers that he did,” she said. “People remembered that. Because I’m sure that everybody has somebody like that in their life, or they themselves are feeling lonely.” There’s also a stigma surrounding the idea of loneliness. “People are reluctant to admit that they feel lonely. It somehow means like that you’re unlikable or unlovable or there’s something wrong with you,” Henning-Smith said. “It’s important to have these conversations, because the truth is, just about everyone will feel lonely at some point in their life.” she added. “It's a universal part of being human.” Kreitzer said the data reported by APM Lab is comparable to other global and U.S. data on the subject. “Other studies, like this one found that loneliness peaks in younger age groups,” she said, calling it “a very interesting finding.” The survey found that the Gen Z cohort of 18 to 27, were the most lonely. “That surprises a lot of people, but I think it’s consistent with other data,” Kreitzer said. She said people assume that older people suffer from loneliness because they lack the social connections they once had earlier in their lives. The survey data, instead, showed that baby boomers, currently aged 60-78, are the least lonely of adult-age generations in Minnesota: 63% score as “rarely lonely” and only 7% indicated frequent loneliness. “Sometimes, like in the boomer generation, when people have retired, they actually have more time to build and strengthen connections,” Kreitzer said. “Boomers can be great at joining groups, pursuing interests, be that hobbies or fitness activities or book clubs or volunteering, and all of those are ways that can really help us build social connections.” She said her local YMCA in Grand Rapids is a hub of activity with engaged older folks. She sees them playing cards, working out, swimming and more. Gen Zers, however, are experiencing numerous life transitions. “During that age, they’re expected to separate from their family, to find a partner, to launch a career,” Kreitzer said. “So there’s been a lot of disruption in social connections that they probably have had in their life for a long, long time.” Henning-Smith called the loneliness rates among young adults “concerning.” Social media and technology may explain part of the higher rates. “People who live their lives online, people who are digital natives and were born into a world where they’re living their lives online, have fundamentally different ways of connecting with other people,” Henning-Smith said. “I worry that some of those skills and some of the infrastructure for connecting with people in meaningful ways and in-person connections might be lacking for some folks in younger generations.” Kreitzer suggests to those who may have frequent bouts of loneliness to acknowledge the feelings. Don’t ignore them. She advises them to reach out to family and friends to try to build or rebuild social connections. She also encourages people to join groups based on their interests. Kreitzer highly recommends volunteering because of the health benefits associated with it. “There’s actually research on that that, like, volunteering helps improve our own well-being,” she said. “It can actually improve our overall positive outlook, our mental health and well-being.” Back in Hayfield, Bolle said he tries to find community to fend off his loneliness. His location is a challenge because he finds groups in the Twin Cities some 90 miles away. He belongs to a spiritual group that meets once a week in Rochester, but that’s a 52-mile round trip, so he only goes from time to time. Bolle also prepares himself to encounter situations that bring on feelings of loneliness when he goes to Rochester on his weekends to run errands. “When I see families out having fun together, or groups of people, groups of young people, you know, out together and having fun, that can trigger pangs of loneliness,” he said. “I just feel like I’m missing out on human connection.” He said when he was younger, he bought into society’s emphasis on rugged individualism. “But it just doesn’t work, because you will almost ultimately, always end up feeling lonely,” he said. When he traveled the world with the Navy, Bolle said he saw community and family as top priorities in other countries as well as in the Mexican and Latino communities of Southern California where he grew up. “You really do need that connection with other people,” he said. “It’s almost as important as food and shelter, you know?” The data and the heart appear to agree. This story was originally published on MPRNews.org