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ASML (NASDAQ:ASML) Shares Down 0.2% – Time to Sell?REYKJAVIK, Iceland (AP) — Icelanders will elect a new parliament Saturday after disagreements over immigration, energy policy and the economy forced Prime Minister Bjarni Benediktsson to pull the plug on his coalition government and call early elections. This is Iceland’s sixth general election since the 2008 financial crisis devastated the economy of the North Atlantic island nation and ushered in a new era of political instability. Opinion polls suggest the country may be in for another upheaval, with support for the three governing parties plunging. Benediktsson, who was named prime minister in April following the resignation of his predecessor, struggled to hold together the unlikely coalition of his conservative Independence Party with the centrist Progressive Party and the Left-Green Movement. Iceland, a nation of about 400,000 people, is proud of its democratic traditions, describing itself as arguably the world’s oldest parliamentary democracy. The island’s parliament, the Althingi, was founded in 930 by the Norsemen who settled the country. Here’s what to look for in the contest. Voters will choose 63 members of the Althingi in an election that will allocate seats both by regional constituencies and proportional representation. Parties need at least 5% of the vote to win seats in parliament. Eight parties were represented in the outgoing parliament, and 10 parties are contesting this election. Turnout is traditionally high by international standards, with 80% of registered voters casting ballots in the 2021 parliamentary election. A windswept island near the Arctic Circle, Iceland normally holds elections during the warmer months of the year. But on Oct. 13 Benediktsson decided his coalition couldn’t last any longer, and he asked President Halla Tómasdóttir to dissolve the Althingi. “The weakness of this society is that we have no very strong party and we have no very strong leader of any party,’’ said Vilhjálmur Bjarnson, a former member of parliament. “We have no charming person with a vision ... That is very difficult for us.” The splintering of Iceland's political landscape came after the 2008 financial crisis, which prompted years of economic upheaval after its debt-swollen banks collapsed. The crisis led to anger and distrust of the parties that had traditionally traded power back and forth, and prompted the creation of new parties ranging from the environment focused Left-Green Alliance to the Pirate Party, which advocates direct democracy and individual freedoms. “This is one of the consequences of the economic crash,’’ said Eva H. Önnudóttir, a professor of political science at the University of Iceland. “It’s just the changed landscape. Parties, especially the old parties, have maybe kind of been hoping that we would go back to how things were before, but that’s not going to happen.” Like many Western countries, Iceland has been buffeted by the rising cost of living and immigration pressures. Inflation peaked at an annual rate of 10.2% in February 2023, fueled by the fallout from the COVID-19 pandemic and Russia’s invasion of Ukraine. While inflation slowed to 5.1% in October, that is still high compared with neighboring countries. The U.S. inflation rate stood at 2.6% last month, while the European Union’s rate was 2.3%. Iceland is also struggling to accommodate a rising number of asylum-seekers, creating tensions within the small, traditionally homogenous country. The number of immigrants seeking protection in Iceland jumped to more than 4,000 in each of the past three years, compared with a previous average of less than 1,000. Repeated eruptions of a volcano in the southwestern part of the country have displaced thousands of people and strained public finances. One year after the first eruption forced the evacuation of the town of Grindavik, many residents still don’t have secure housing, leading to complaints that the government has been slow to respond. But it also added to a shortage of affordable housing exacerbated by Iceland’s tourism boom. Young people are struggling to get a foot on the housing ladder at a time when short-term vacation rentals have reduced the housing stock available for locals, Önnudóttir said. “The housing issue is becoming a big issue in Iceland,'' she said. —— Kirka reported from London.
Malabar Coast, Arabian Sea. There’s romance enough just in the names. I’m rattling along in a rickety local bus (no windows, driver perched on the springs of a seat that long ago lost its padding) towards Kochi in Kerala state, south-west India. The city, once known as Cochin, was a relatively sleepy place in the 1960s. Since then, the population has exploded from a manageable 250,000 to more than 31⁄2 million. What you’ll see today is a colonial-era district, Fort Kochi, surrounded by a vast Indian city of shopping malls, high-rise apartment blocks and motorways – pumping with life and energy 24/7. Traditional Kathakali dance on New Year carnival in Fort Kochi, Kerala, India. Credit: Getty Images Fort Kochi was a significant trading port long before the local raja (king) negotiated a deal with the Portuguese in 1500. He got the worst of the arrangement, slowly losing power to his erstwhile ally. The Portuguese built a fort, hence the name, and held on to the territory for the next 163 years before losing it in turn to the Dutch. The British wrested it away in 1795, holding on to the growing town until India gained its hard-won independence in 1947. It’s no surprise Kochi is a major tourist attraction. It’s small enough to navigate around easily and is packed with the magnificent architecture of three successive colonial influences alongside Indian, with the whole lot surrounded by sea. With an international airport well serviced by flights from Australia, Kochi is a great place to begin your Indian adventure, especially if you’re a first-time visitor to India. Kerala is considered a politically and socially progressive state relative to the rest of India. It’s also one of the wealthiest and this is evident in Kochi. It’s a city of fine restaurants, hipster cafes, boutiques packed with original designs and a surprisingly large number of art galleries, many housed in exquisite, well-maintained colonial buildings. The city is home to the government-supported Kochi-Muziris Biennale, which has had quite an impact on the art world since its inception in 2012. The sixth edition gets underway in December this year. Wander in the narrow, winding lanes edged by buildings in the Dutch and Portuguese styles housing shops, cafes and private homes. Drop in for coffee at Kashi Art Cafe. Stroll with the locals at sunset on Kochi Beach, dine at a waterfront restaurant watching the boats coming and going across the harbour. There’s a wide range of accommodation here, from luxury hotels to modest guesthouses. Take a state-of-the-art electric ferry to the wharf near the iconic Chinese fishing nets and next door to the gorgeous Brunton Boatyard Hotel, which began life as a British colonial shipyard on the waterfront. Stay here, or pop in for a drink or a meal on the promenade. Nearby, tucked down a quiet, flower-filled lane, you’ll find SeaCoast Inn. This newly built, mid-range guesthouse is owned by Kochi local Shaan. The former IT executive has drawn on his own international travel experience to organise this attractive residence in a way that works for foreign visitors while still being essentially Indian. It’s pristine, well designed and full of lovely artisanal furnishings and fittings that reflect the Portuguese heritage of the area. Fort Kochi is not nearly as busy as many Asian cities with similar attractions. There’s still a homely feel to it, easygoing and genuine. My first day in Kochi, I lunch at Qissa cafe and find myself gravitating back there often during my stay. On one visit, as I step out into the street to take a phone call, I notice I’ve left my bag at my table. I’m about to double back when the waiter, a young man with the delicate beauty typical of the people of this region, his abundant black hair hauled into a topknot, makes me a sign: “No worries, I’ve got my eye on it, go do what you need to do.” Kochi is still that sort of place. Get the best of Sunday Life magazine delivered to your inbox every Sunday morning. Sign up here for our free newsletter .
Ald S.A. (OTCMKTS:ALLDF) Sees Significant Growth in Short Interest
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A routine cab ride in Mumbai led to an extraordinary revelation for entrepreneur Aaryan Singh Kushwah, who discovered that his Ola driver, Parag Patil, is a former Olympian. Patil, who has represented India in international athletics, boasts an impressive record of two gold, 11 silver, and three bronze medals, primarily in Triple Jump and Long Jump events. ET Year-end Special Reads What kept India's stock market investors on toes in 2024? India's car race: How far EVs went in 2024 Investing in 2025: Six wealth management trends to watch out for Kushwah shared the encounter in a LinkedIn post that quickly went viral. “My Ola driver is an Olympian. Meet Parag Patil, Senior Olympian: 2nd in Asia in the Triple Jump. 3rd in Asia in the Long Jump. Every time he represented India internationally, he returned with a medal—2 golds, 11 silvers, 3 bronze. Yet, he has no sponsors and barely enough funds to support his family, let alone pursue his athletic career. This post is a call to action for anyone who can help sponsor Parag to represent and win for India internationally,” Kushwah wrote. The post, accompanied by a photo of Kushwah and Patil, struck a chord with netizens, drawing attention to the financial struggles faced by many Indian athletes after their active sports careers. Social Media Reacts Social media users were quick to respond, with many expressing admiration for Patil’s resilience and frustration over the lack of support for retired athletes. “This is both inspiring and heartbreaking. What a story of resilience!” one user commented. Another wrote, “Our sports legends deserve better than this. We need to step up as a nation.” Several users suggested practical solutions, including crowdfunding and corporate sponsorships. “Why aren’t there sustainable programs for athletes after retirement? This needs urgent attention!” a commenter noted. Another user encouraged action, saying, “Let’s crowdfund this. Parag deserves another chance to shine.” Patil’s story sheds light on a systemic issue: the lack of post-retirement support for athletes in India. Despite bringing glory to the nation, many athletes struggle to make ends meet once their competitive careers end. While some countries provide structured pathways and financial backing for retired sports professionals, Indian athletes often have to turn to unrelated jobs for survival.How major US stock indexes fared Tuesday, 12/10/2024
Arizona Department of Transportation Taps into University Talent to Drive Transportation Innovation
ASML (NASDAQ:ASML) Shares Down 0.2% – Time to Sell?REYKJAVIK, Iceland (AP) — Icelanders will elect a new parliament Saturday after disagreements over immigration, energy policy and the economy forced Prime Minister Bjarni Benediktsson to pull the plug on his coalition government and call early elections. This is Iceland’s sixth general election since the 2008 financial crisis devastated the economy of the North Atlantic island nation and ushered in a new era of political instability. Opinion polls suggest the country may be in for another upheaval, with support for the three governing parties plunging. Benediktsson, who was named prime minister in April following the resignation of his predecessor, struggled to hold together the unlikely coalition of his conservative Independence Party with the centrist Progressive Party and the Left-Green Movement. Iceland, a nation of about 400,000 people, is proud of its democratic traditions, describing itself as arguably the world’s oldest parliamentary democracy. The island’s parliament, the Althingi, was founded in 930 by the Norsemen who settled the country. Here’s what to look for in the contest. Voters will choose 63 members of the Althingi in an election that will allocate seats both by regional constituencies and proportional representation. Parties need at least 5% of the vote to win seats in parliament. Eight parties were represented in the outgoing parliament, and 10 parties are contesting this election. Turnout is traditionally high by international standards, with 80% of registered voters casting ballots in the 2021 parliamentary election. A windswept island near the Arctic Circle, Iceland normally holds elections during the warmer months of the year. But on Oct. 13 Benediktsson decided his coalition couldn’t last any longer, and he asked President Halla Tómasdóttir to dissolve the Althingi. “The weakness of this society is that we have no very strong party and we have no very strong leader of any party,’’ said Vilhjálmur Bjarnson, a former member of parliament. “We have no charming person with a vision ... That is very difficult for us.” The splintering of Iceland's political landscape came after the 2008 financial crisis, which prompted years of economic upheaval after its debt-swollen banks collapsed. The crisis led to anger and distrust of the parties that had traditionally traded power back and forth, and prompted the creation of new parties ranging from the environment focused Left-Green Alliance to the Pirate Party, which advocates direct democracy and individual freedoms. “This is one of the consequences of the economic crash,’’ said Eva H. Önnudóttir, a professor of political science at the University of Iceland. “It’s just the changed landscape. Parties, especially the old parties, have maybe kind of been hoping that we would go back to how things were before, but that’s not going to happen.” Like many Western countries, Iceland has been buffeted by the rising cost of living and immigration pressures. Inflation peaked at an annual rate of 10.2% in February 2023, fueled by the fallout from the COVID-19 pandemic and Russia’s invasion of Ukraine. While inflation slowed to 5.1% in October, that is still high compared with neighboring countries. The U.S. inflation rate stood at 2.6% last month, while the European Union’s rate was 2.3%. Iceland is also struggling to accommodate a rising number of asylum-seekers, creating tensions within the small, traditionally homogenous country. The number of immigrants seeking protection in Iceland jumped to more than 4,000 in each of the past three years, compared with a previous average of less than 1,000. Repeated eruptions of a volcano in the southwestern part of the country have displaced thousands of people and strained public finances. One year after the first eruption forced the evacuation of the town of Grindavik, many residents still don’t have secure housing, leading to complaints that the government has been slow to respond. But it also added to a shortage of affordable housing exacerbated by Iceland’s tourism boom. Young people are struggling to get a foot on the housing ladder at a time when short-term vacation rentals have reduced the housing stock available for locals, Önnudóttir said. “The housing issue is becoming a big issue in Iceland,'' she said. —— Kirka reported from London.
Malabar Coast, Arabian Sea. There’s romance enough just in the names. I’m rattling along in a rickety local bus (no windows, driver perched on the springs of a seat that long ago lost its padding) towards Kochi in Kerala state, south-west India. The city, once known as Cochin, was a relatively sleepy place in the 1960s. Since then, the population has exploded from a manageable 250,000 to more than 31⁄2 million. What you’ll see today is a colonial-era district, Fort Kochi, surrounded by a vast Indian city of shopping malls, high-rise apartment blocks and motorways – pumping with life and energy 24/7. Traditional Kathakali dance on New Year carnival in Fort Kochi, Kerala, India. Credit: Getty Images Fort Kochi was a significant trading port long before the local raja (king) negotiated a deal with the Portuguese in 1500. He got the worst of the arrangement, slowly losing power to his erstwhile ally. The Portuguese built a fort, hence the name, and held on to the territory for the next 163 years before losing it in turn to the Dutch. The British wrested it away in 1795, holding on to the growing town until India gained its hard-won independence in 1947. It’s no surprise Kochi is a major tourist attraction. It’s small enough to navigate around easily and is packed with the magnificent architecture of three successive colonial influences alongside Indian, with the whole lot surrounded by sea. With an international airport well serviced by flights from Australia, Kochi is a great place to begin your Indian adventure, especially if you’re a first-time visitor to India. Kerala is considered a politically and socially progressive state relative to the rest of India. It’s also one of the wealthiest and this is evident in Kochi. It’s a city of fine restaurants, hipster cafes, boutiques packed with original designs and a surprisingly large number of art galleries, many housed in exquisite, well-maintained colonial buildings. The city is home to the government-supported Kochi-Muziris Biennale, which has had quite an impact on the art world since its inception in 2012. The sixth edition gets underway in December this year. Wander in the narrow, winding lanes edged by buildings in the Dutch and Portuguese styles housing shops, cafes and private homes. Drop in for coffee at Kashi Art Cafe. Stroll with the locals at sunset on Kochi Beach, dine at a waterfront restaurant watching the boats coming and going across the harbour. There’s a wide range of accommodation here, from luxury hotels to modest guesthouses. Take a state-of-the-art electric ferry to the wharf near the iconic Chinese fishing nets and next door to the gorgeous Brunton Boatyard Hotel, which began life as a British colonial shipyard on the waterfront. Stay here, or pop in for a drink or a meal on the promenade. Nearby, tucked down a quiet, flower-filled lane, you’ll find SeaCoast Inn. This newly built, mid-range guesthouse is owned by Kochi local Shaan. The former IT executive has drawn on his own international travel experience to organise this attractive residence in a way that works for foreign visitors while still being essentially Indian. It’s pristine, well designed and full of lovely artisanal furnishings and fittings that reflect the Portuguese heritage of the area. Fort Kochi is not nearly as busy as many Asian cities with similar attractions. There’s still a homely feel to it, easygoing and genuine. My first day in Kochi, I lunch at Qissa cafe and find myself gravitating back there often during my stay. On one visit, as I step out into the street to take a phone call, I notice I’ve left my bag at my table. I’m about to double back when the waiter, a young man with the delicate beauty typical of the people of this region, his abundant black hair hauled into a topknot, makes me a sign: “No worries, I’ve got my eye on it, go do what you need to do.” Kochi is still that sort of place. Get the best of Sunday Life magazine delivered to your inbox every Sunday morning. Sign up here for our free newsletter .
Ald S.A. (OTCMKTS:ALLDF) Sees Significant Growth in Short Interest
Marjorie Ellen YoungWiggles new mum reveals key to kids being ready for schoolGreen Guillotine: how politics prevailed over principles in legislative avalanche
A routine cab ride in Mumbai led to an extraordinary revelation for entrepreneur Aaryan Singh Kushwah, who discovered that his Ola driver, Parag Patil, is a former Olympian. Patil, who has represented India in international athletics, boasts an impressive record of two gold, 11 silver, and three bronze medals, primarily in Triple Jump and Long Jump events. ET Year-end Special Reads What kept India's stock market investors on toes in 2024? India's car race: How far EVs went in 2024 Investing in 2025: Six wealth management trends to watch out for Kushwah shared the encounter in a LinkedIn post that quickly went viral. “My Ola driver is an Olympian. Meet Parag Patil, Senior Olympian: 2nd in Asia in the Triple Jump. 3rd in Asia in the Long Jump. Every time he represented India internationally, he returned with a medal—2 golds, 11 silvers, 3 bronze. Yet, he has no sponsors and barely enough funds to support his family, let alone pursue his athletic career. This post is a call to action for anyone who can help sponsor Parag to represent and win for India internationally,” Kushwah wrote. The post, accompanied by a photo of Kushwah and Patil, struck a chord with netizens, drawing attention to the financial struggles faced by many Indian athletes after their active sports careers. Social Media Reacts Social media users were quick to respond, with many expressing admiration for Patil’s resilience and frustration over the lack of support for retired athletes. “This is both inspiring and heartbreaking. What a story of resilience!” one user commented. Another wrote, “Our sports legends deserve better than this. We need to step up as a nation.” Several users suggested practical solutions, including crowdfunding and corporate sponsorships. “Why aren’t there sustainable programs for athletes after retirement? This needs urgent attention!” a commenter noted. Another user encouraged action, saying, “Let’s crowdfund this. Parag deserves another chance to shine.” Patil’s story sheds light on a systemic issue: the lack of post-retirement support for athletes in India. Despite bringing glory to the nation, many athletes struggle to make ends meet once their competitive careers end. While some countries provide structured pathways and financial backing for retired sports professionals, Indian athletes often have to turn to unrelated jobs for survival.How major US stock indexes fared Tuesday, 12/10/2024
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