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Manmohan Singh Net Worth: Here’s What We Know About The Former PM And What He Left BehindNone
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setupAP News Summary at 4:42 p.m. EST
By MICHAEL R. SISAK and JENNIFER PELTZ NEW YORK (AP) — President-elect Donald Trump’s lawyers urged a judge again Friday to throw out his hush money conviction, balking at the prosecution’s suggestion of preserving the verdict by treating the case the way some courts do when a defendant dies. They called the idea “absurd.” Related Articles National Politics | Trump wants to turn the clock on daylight saving time National Politics | Ruling by a conservative Supreme Court could help blue states resist Trump policies National Politics | A nonprofit leader, a social worker: Here are the stories of the people on Biden’s clemency list National Politics | Nancy Pelosi hospitalized after she ‘sustained an injury’ on official trip to Luxembourg National Politics | Veteran Daniel Penny, acquitted in NYC subway chokehold, will join Trump’s suite at football game The Manhattan district attorney’s office is asking Judge Juan M. Merchan to “pretend as if one of the assassination attempts against President Trump had been successful,” Trump’s lawyers wrote in a blistering 23-page response. In court papers made public Tuesday, District Attorney Alvin Bragg’s office proposed an array of options for keeping the historic conviction on the books after Trump’s lawyers filed paperwork earlier this month asking for the case to be dismissed. They include freezing the case until Trump leaves office in 2029, agreeing that any future sentence won’t include jail time, or closing the case by noting he was convicted but that he wasn’t sentenced and his appeal wasn’t resolved because of presidential immunity. Trump lawyers Todd Blanche and Emil Bove reiterated Friday their position that the only acceptable option is overturning his conviction and dismissing his indictment, writing that anything less will interfere with the transition process and his ability to lead the country. The Manhattan district attorney’s office declined comment. It’s unclear how soon Merchan will decide. He could grant Trump’s request for dismissal, go with one of the prosecution’s suggestions, wait until a federal appeals court rules on Trump’s parallel effort to get the case moved out of state court, or choose some other option. In their response Friday, Blanche and Bove ripped each of the prosecution’s suggestions. Halting the case until Trump leaves office would force the incoming president to govern while facing the “ongoing threat” that he’ll be sentenced to imprisonment, fines or other punishment as soon as his term ends, Blanche and Bove wrote. Trump, a Republican, takes office Jan. 20. “To be clear, President Trump will never deviate from the public interest in response to these thuggish tactics,” the defense lawyers wrote. “However, the threat itself is unconstitutional.” The prosecution’s suggestion that Merchan could mitigate those concerns by promising not to sentence Trump to jail time on presidential immunity grounds is also a non-starter, Blanche and Bove wrote. The immunity statute requires dropping the case, not merely limiting sentencing options, they argued. Blanche and Bove, both of whom Trump has tabbed for high-ranking Justice Department positions, expressed outrage at the prosecution’s novel suggestion that Merchan borrow from Alabama and other states and treat the case as if Trump had died. Blanche and Bove accused prosecutors of ignoring New York precedent and attempting to “fabricate” a solution “based on an extremely troubling and irresponsible analogy between President Trump” who survived assassination attempts in Pennsylvania in July and Florida in September “and a hypothetical dead defendant.” Such an option normally comes into play when a defendant dies after being convicted but before appeals are exhausted. It is unclear whether it is viable under New York law, but prosecutors suggested that Merchan could innovate in what’s already a unique case. “This remedy would prevent defendant from being burdened during his presidency by an ongoing criminal proceeding,” prosecutors wrote in their filing this week. But at the same time, it wouldn’t “precipitously discard” the “meaningful fact that defendant was indicted and found guilty by a jury of his peers.” Prosecutors acknowledged that “presidential immunity requires accommodation” during Trump’s impending return to the White House but argued that his election to a second term should not upend the jury’s verdict, which came when he was out of office. Longstanding Justice Department policy says sitting presidents cannot face criminal prosecution . Other world leaders don’t enjoy the same protection. For example, Israeli Prime Minister Benjamin Netanyahu is on trial on corruption charges even as he leads that nation’s wars in Lebanon and Gaza . Trump has been fighting for months to reverse his May 30 conviction on 34 counts of falsifying business records . Prosecutors said he fudged the documents to conceal a $130,000 payment to porn actor Stormy Daniels to suppress her claim that they had sex a decade earlier, which Trump denies. In their filing Friday, Trump’s lawyers citing a social media post in which Sen. John Fetterman used profane language to criticize Trump’s hush money prosecution. The Pennsylvania Democrat suggested that Trump deserved a pardon, comparing his case to that of President Joe Biden’s pardoned son Hunter Biden, who had been convicted of tax and gun charges . “Weaponizing the judiciary for blatant, partisan gain diminishes the collective faith in our institutions and sows further division,” Fetterman wrote Wednesday on Truth Social. Trump’s hush money conviction was in state court, meaning a presidential pardon — issued by Biden or himself when he takes office — would not apply to the case. Presidential pardons only apply to federal crimes. Since the election, special counsel Jack Smith has ended his two federal cases , which pertained to Trump’s efforts to overturn his 2020 election loss and allegations that he hoarded classified documents at his Mar-a-Lago estate. A separate state election interference case in Fulton County, Georgia, is largely on hold. Trump denies wrongdoing in all. Trump had been scheduled for sentencing in the hush money case in late November. But following Trump’s Nov. 5 election victory, Merchan halted proceedings and indefinitely postponed the former and future president’s sentencing so the defense and prosecution could weigh in on the future of the case. Merchan also delayed a decision on Trump’s prior bid to dismiss the case on immunity grounds. A dismissal would erase Trump’s conviction, sparing him the cloud of a criminal record and possible prison sentence. Trump is the first former president to be convicted of a crime and the first convicted criminal to be elected to the office.
MAKURDI – Arc Asema Achado, member, representing Gwer West/Gwer East, Federal Constituency, Benue State, at the House of Representatives (HoR), has called on the people of the state to advise the state Governor, Rev Fr Hyacinth Alia, to desist from actions that were detrimental to the socio-economic progress of the state. The lawmaker who also called on the Inspector General of Police (IGP) not allow the Police in Benue to be used as tools of oppression and intimidation, appealed to the national leadership of the All Progressives Congress (APC), to caution Governor Alia, against the governor’s “onslaught” on APC leaders in Benue, unless he was counting on leaving the APC for another political party. Achado disclosed this while speaking with newsmen in Makurdi on Thursday, over what he termed the “Unlawful closure of the (his) business premises and sustained harassment by the Benue State Government” on his person and other APC leaders in the state by the Governor. Other business premises that experience a boom in sales during this season that were shut down, include Balcony, situated at George Akume way, Precious Events center located opposite Benue hotels, Makurdi among others. He lamented that the closure of one of his business concerns, City Bay among other ventures on 23rd December, 2024, has rendered the businesses owned by tenants at the facility, comatose and without a means to erk a living during this yuletide season, adding that most of the tenants in the place had already made purchases of perishable items that have gone back over the closure of the facility. The lawmaker who noted that he and others were a target of witch-hunt by the governor explained that the long holiday granted civil servants was to ensure that the facility, including his Microfinance Bank, Benysta, remain under lock and key in order to frustrate his businesses. He stressed that worse still is that before the closure of the recreational center, the management was asked to pay a sum of N20,000, for registration of the premises and another N219,000 as default fees, which it did promptly, adding that the facility was later reopened but on the 23rd some government agencies in other security agencies came back in gestapo style and locked up city bay. According to him, “I address you on critical developments that affect the socio-economic well-being of our dear Benue State. This briefing has become imperative to clarify misinformation and provide factual account of recent events concerning the actions of the Benue State Government under the leadership of Governor Hyacinth Alia. “Before my election to the House of Representatives, I established the Archtik Group, a conglomerate comprising subsidiaries with interest in hotels, recreational parks, banking and educational institutions. These enterprises were designed to contribute to the socio-economic growth of Benue State and Nigeria by providing employment opportunities, enhancing economic development and aesthetics of their locations. “Upon assuming public office as a member of the House of Representatives in 2023, I relinquished all executive roles within the organizations, delegating leadership to my son, Dr. Edward Achado. “Two key subsidiaries of Archtik Group, namely —City Bay Park, a recreational facility, and Benysta Microfinance Bank, both situated in Makurdi—have been the focal points of this controversy. These businesses employ numerous Benue citizens and contribute significantly to the local economy. “From its commencement, Benysta Microfinance Bank has given out loans to over 1,000 small scale enterprises in Benue State, worth more than N5 billion. In City Bay Park, many indigenous people hold and operate businesses at the park. Many of the businesses are owned by people whom the Governor fondly calls the ‘masses’. Some of them purchased frozen fish and chicken and other perishable food items, preparatory for the Christmas, with most of the items sadly now rotten as a result of the forceful sealing of the park by the government.” Therefore, Achado, who spoke at the press briefing said, “The people of Benue State should advise Governor Alia to cease actions detrimental to the socio-economic progress of the state. “The Inspector General of Police to ensure that the Police in Benue State are not used as tools of oppression and intimidation but for the maintenance of law and order. “Also, the National Leadership of the All Progressives Congress (APC) to caution Governor Alia on his onslaught against APC Leaders in Benue State, unless he has concluded plans to move to another political party.” He further explained that some of the side effects of what the closure of the recreational facility has done is that there were “Significant financial losses by the sub-tenants within City Bay Park, particularly those dealing in perishable goods; psychological trauma: weddings and other events which were scheduled to be held at the park were altered, grossly affecting the people involved leading to psychological trauma and loss of huge resources; the disruption of the livelihoods of employees and sub-tenants have been severely impacted. Efforts by the company’s management to resolve the matter with relevant authorities have been futile, as both premises remain sealed. “These actions are not only a gross abuse of power but also politically motivated. Governor Alia’s administration has consistently threatened key APC stakeholders, including myself, who were instrumental in his election victory. We finances his elections and made sure he won the election. This pattern of oppression raises serious concerns about his commitment to good governance. “The actions of the governor suggest a calculated attempt to silence dissent and undermine our contributions to the state’s development”, he stressed. Narrating on the incidences which led to the closure, Achado explained that “On December 23, 2024, officials from the Benue State Internal Revenue Service, the Ministry of Commerce and Industry, alongside law enforcement agencies, forcibly entered and sealed the premises of City Bay Park and Benysta Microfinance Bank. They presented demand notices dated December 12 and 13, 2024, regarding business premises registration fees. “Despite City Bay Park’s status as a government property, which arguably exempts it from such fees, the management of the park swiftly paid ₦20,000 for registration and ₦219,000 as default charges to avoid conflict. These payments were made on the 23rd December, 2024 and receipts of these payments duly issued by Benue State Internal Revenue Service, which copies are available for reference. “Shockingly, after an additional ₦20,000 was demanded and paid to unseal City Bay Park, a more aggressive enforcement team arrived and resealed both premises. This second operation was marked by excessive force, harassment, including the use of tear gas, which caused injuries and distress among customers, including children and the elderly. Some individuals fainted, while others sustained serious injuries in the process. “The arbitrary and heavy-handed sealing of these business premises by the state government is executed without authorization from any competent court of law empowered to issue such an order. This action constitutes a blatant violation of the principles of democracy, the fundamental rights of the people operating therein, reflecting the highest degree of abuse of power, suppression, and persecution by the state. “The sealing of City Bay Park and Benysta Microfinance Bank and other business centres owned by members of APC is emblematic of a broader issue threatening democratic principles, economic stability, and the rights of citizens in Benue state. I urge all patriotic Nigerians to join in advocating for justice and fairness to preserve the socio-political harmony of our state”, the lawmaker appealed. End.By Anna Helhoski, NerdWallet The battle to get here was certainly an uphill one, but people are generally feeling better about the economy and their finances than they once did. On top of that, the economy has been easing into an ideal, Goldilocks-like position — not running too hot or cooling too quickly. Throughout 2024, consumer sentiment data showed people were fairly positive about the economy and their own finances, even if there’s remaining frustration over elevated prices compared to four years ago. Looking ahead, households are feeling more optimistic about their personal finances in the next year, as the share of those expecting to be in a better financial situation a year from now hit its highest level since February 2020. Combine positive personal vibes with a strong economic picture and it looks like 2024 wasn’t so bad for consumers, after all. But that doesn’t mean there weren’t bumps in the road or potential roadblocks ahead. To cap off the year, NerdWallet writers reflect on the top trends in personal finance and the economy this year — and what they think might be ahead in 2025. The economy steadily grew Elizabeth Renter, NerdWallet’s economist What happened: In 2024, U.S. consumers have proven resilient following a period of high inflation and ongoing high interest rates. Wage growth has been strong, owing in part to rising productivity. This has driven robust spending throughout the year, which has kept the economy growing at a healthy pace. The labor market has remained steady, though cooler than 2023, and price growth continues to moderate towards the Federal Reserve’s 2% inflation goal. What’s ahead: Barring significant changes to economic policy and significant shocks, the U.S. economy is expected to grow at a moderate rate in the coming year. Inflation will continue to moderate and the labor market will remain relatively healthy, all due in part to continued slow and deliberate rate cuts from the Fed. However, there are risks to this path. Higher tariffs and tighter immigration policies are likely, but the extent of these changes are yet unclear. The potential policy scenarios are many, and the economic outcomes complex. Increased tariffs are generally inflationary, and stricter immigration policies could impact the labor supply and economic growth. Consumers and small business owners with their eyes to the new year should focus on the things within their control. Savings accounts offered high rates and returns Margarette Burnette, consumer banking and savings writer What happened: High-yield savings accounts and certificates of deposit offered elevated rates in 2024, rewarding savers with strong returns. Following the Federal Reserve rate cuts in the second half of the year, high-yield accounts had modest rate decreases, but they continued to outperform traditional savings accounts and CDs. What’s ahead: We’re watching for further Federal Reserve rate cuts, which could lead to more decreases in savings rates. Credit card debt hit a high Sara Rathner, credit cards writer What happened: Credit card debt levels hit record highs, with consumers turning to credit cards to pay for necessities. While the economy is doing well, many individuals have struggled to make ends meet, as incomes haven’t kept up with certain costs. What’s ahead: We may see some policy and regulation changes with the incoming administration that could affect folks when it comes to credit cards, debt and consumer protections. Small business boomed Ryan Brady, small business writer What happened : New businesses continued to blossom in 2024 as business applications remained well above pre-pandemic levels. Confidence in the future state of the U.S. economy also spiked after the presidential election, but that optimism was tempered by concerns over rising costs and labor quality. What’s ahead: All eyes are on the incoming administration as small-business owners brace for turbulence resulting from potential tariffs, tax policy changes and dismantled government regulations. We’re also watching the possibility of interest rate cuts in 2025 and small-business owners’ growing reliance on new technologies, such as AI. Home buying remained challenging Holden Lewis, mortgages writer What happened: Home buyers struggled with elevated mortgage rates, rising house prices and a shortage of homes for sale. On top of that, a new rule required buyers to negotiate their agents’ commissions. What’s ahead: The Federal Reserve is expected to cut short-term interest rates, but mortgage rates might not necessarily fall by a similar amount. Buyers will probably have more properties to choose from, and the greater supply should keep prices from rising a lot. Interest rates on home equity loans and lines of credit should fall, making it less expensive to borrow to fix up homes — either to sell, or to make the home more comfortable and efficient. The markets were a boon for investors Sam Taube, investing writer What happened: The stock market had a great year. The S&P 500 is up more than 25% due to falling interest rates, fading recession fears, AI hype, and the possibility of lighter taxes and regulations under the new administration. Cryptocurrency also saw big gains in 2024; the price of Bitcoin crossed the $100,000 mark for the first time in December. What’s ahead: A lot depends on how fast the Fed reduces rates in 2025. Another key unknown is Trump’s second term. Regulatory rollbacks, such as those he has proposed for the banking industry, could juice stock prices — but they also could create systemic risks in the economy. His proposed tariffs could also hurt economic growth (and therefore stock prices). Finally, it remains to be seen whether trendy AI stocks, such as NVIDIA, can continue their momentum into next year. It’s the same story with crypto: How long will this bull market last? Premiums went up for home and auto insurance Caitlin Constantine, assistant assigning editor, insurance What happened: Many people saw their home and auto insurance premiums skyrocket in 2024. In some states, homeowners are finding it harder to even find policies in the first place. Meanwhile, life insurance rates have started to decrease post-pandemic. We also saw more insurers offering online-only policies that don’t require a medical exam. What’s ahead: Auto and home insurance costs will likely continue to rise, although auto premiums may not rise as dramatically as they have over the past few years. And if you’re in the market for life insurance, expect to see competitive life insurance quotes and more customizable policies. Lawsuits and uncertainty over student loan relief continued Eliza Haverstock, student loans writer What happened: Borrowers received historic student loan relief, but lawsuits derailed an income-driven repayment plan used by 8 million whose payments are indefinitely paused. Uncertainty will carry into 2025 as a result of the presidential administration change. What’s ahead: Trump has pledged to overhaul higher education and rein in student loan relief. The fate of the SAVE repayment plan, student loan forgiveness options, FAFSA processing and more remain in the balance. Traveling in style was all the rage Meghan Coyle, assistant assigning editor, travel What happened: People are willing to pay more for big and small luxuries while traveling, and airlines and hotels are taking note. Many airlines raised checked bag fees early in 2024, credit card issuers and airlines invested in renovated airport lounges, and major hotel companies continued to add luxury properties and brands to their loyalty programs. What’s ahead: Southwest will say goodbye to its open seating policy and introduce new extra-legroom seats, a major departure for the airline. Alaska Airlines and Hawaiian Airlines will unveil a unified loyalty program in 2025. Spirit Airlines may attempt to merge with another airline again after its 2024 bankruptcy filing and two failed mergers under President Biden’s administration. Travelers will find that they’ll have to pay a premium to enjoy most of the upgrades airlines and hotels are making. Dynamic pricing expanded its reach Laura McMullen, assistant assigning editor, personal finance What happened: This year, dynamic pricing expanded beyond concerts and travel to online retailers and even fast-food restaurants. This practice of prices changing based on real-time supply and demand received plenty of backlash from consumers and prompted the Federal Trade Commission to investigate how companies use consumers’ data to set prices. What’s ahead: Beyond an expansion of dynamic pricing — perhaps with added oversight — expect subscription models to become more prevalent and demand for sustainable products to grow. The car market came back for buyers Shannon Bradley, autos writer What happened: New-car prices held steady in 2024 but remained high after a few years of sharp increases — the average new car now sells for about $48,000, and for the first time ever the price gap between new and used cars surpassed $20,000 (average used-car prices are now slightly more than $25,000). Overall, the car market returned to being in the buyer’s favor, as new-car inventories reached pre-pandemic levels, manufacturer incentives began making a comeback and auto loan interest rates started to decline. What’s ahead: The future of the car market is uncertain and depends on policies implemented by the incoming administration. Questions surround the impact of possible tariffs on car prices, whether auto loan rates will continue to drop, and if federal tax credits will still be available for electric vehicle buyers. Buy now, pay later grew in popularity Jackie Veling, personal loans writer What happened: Buy now, pay later continued to be a popular payment choice for U.S. shoppers, even while facing headwinds, like an interpretive ruling from the CFPB (which determined BNPL should be regulated the same as credit cards) and Apple’s discontinuation of its popular Apple Pay Later product. Large players like Affirm, Klarna and Afterpay continued to offer interest-free, pay-in-four plans at most major retailers, along with long-term plans for larger purchases. What’s ahead: Though more regulation had been widely anticipated in 2025, the change in administration suggests the CFPB will play a less active role in regulating BNPL products. For this reason, and its continued strength in the market, BNPL will likely keep growing. Inflation eased, finally Taryn Phaneuf, news writer What happened: Easing inflation was a bright spot in 2024. In June, the consumer price index fell below 3% for the first time in three years. Consumers saw prices level off or decline for many goods, including for groceries, gas and new and used vehicles. But prices haven’t fallen far enough or broadly enough to relieve the pinch many households feel. What’s ahead: The new and higher tariffs proposed by the Trump administration could reignite inflation on a wide range of goods. Rents were still high, but price growth slowed Taryn Phaneuf, news writer What happened: Rent prices remain high, but annual rent inflation slowed significantly compared to recent years, staying around 3.5% for much of 2024, according to Zillow, a real estate website that tracks rents. A wave of newly constructed rental units on the market seems to be helping ease competition among renters and forcing landlords to offer better incentives for signing a lease. What’s ahead: If it continues, a softening rental market could work in renters’ favor. But construction is one of several industries that could see a shortage of workers if the Trump administration follows through on its promise to deport undocumented immigrants. A shortage of workers would mean fewer houses and apartments could be built. Trump won the election, promised tariffs and deportations Anna Helhoski, news writer What happened: After a contentious presidential campaign, former President Donald Trump declared victory over Vice President Kamala Harris. While on the campaign trail, Trump promised to lower inflation, cut taxes, enact tariffs, weaken the power of the Federal Reserve, deport undocumented immigrants and more. Many economists have said Trump’s proposals, if enacted, would likely be inflationary. In Congress, Republicans earned enough seats to control both houses. What’s ahead: It’s unclear which campaign promises Trump will fulfill on his own and with the support of the new Congress. He has promised a slew of “day one” actions that could lead to higher prices, including across-the-board tariffs and mass deportations. Most recently, Trump pledged to enact 20% tariffs on Canada and Mexico, as well as an additional 10% tariff on China. He has also promised to extend or make permanent the 2017 Tax Cuts and Jobs Act; many of its provisions expire by the end of 2025. Congress squabbled while consumer-first, antitrust efforts won Anna Helhoski, news writer What happened: Fiscal year 2023-2024’s funding saga finally came to an end in March, then six months later, the battle to fund the fiscal year 2024-2025 began. The Biden Administration waged its own war against junk fees . Antitrust enforcers pushed back against tech giants like Amazon, Apple, Google, and Meta; prevented the Kroger-Albertsons merger; nixed the Jet Blue-Spirit Airlines merger; and moved to ban noncompete agreements. The Supreme Court rejected a challenge to the constitutionality of the Consumer Financial Protection Bureau, as well as a challenge to abortion pill access. SCOTUS also overruled its landmark Chevron case, which means every federal regulatory agency’s power to set and enforce its own rules are now weaker. What’s ahead: The election’s red sweep means the GOP will control the executive and legislative branches of government. They’ll face the threat of at least one more potential government shutdown; a debt ceiling drama comeback; and the beginning of the debate over extending or making permanent provisions of the expiring 2017 Tax Cuts and Jobs Act. More From NerdWallet Anna Helhoski writes for NerdWallet. Email: anna@nerdwallet.com. Twitter: @AnnaHelhoski. The article What Trended in Personal Finance in 2024? originally appeared on NerdWallet .
Japanese researchers test pioneering drug to regrow teethUS stocks experience mixed fortunes on quiet day of tradingWhat Ruben Amorim got wrong as Man Utd blown away by Nottingham Forest at home
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According to reports, the organizers of the Spring Festival Gala have decided to include six language programs in this year's event. These programs will showcase the diversity and richness of the Chinese language and culture, and are expected to add a new dimension to the gala's lineup. The inclusion of these language programs is seen as a reflection of the gala's commitment to promoting linguistic diversity and cultural inclusivity.
Furthermore, Tencent Video has also faced criticism for reducing the benefits associated with their premium memberships. Subscribers have noticed a decrease in the availability of exclusive content, early access to new releases, and other perks that were once included in their membership packages. This has left many users questioning the value of continuing their subscriptions with the platform.Government should not pick which religions to favorThe surge in China's asset prices comes at a time when the global economy is still reeling from the impact of the COVID-19 pandemic. As the Chinese economy continues to recover and show resilience, investors are shifting their focus towards emerging markets like China, seeking opportunities for growth and diversification.
AP Trending SummaryBrief at 1:50 p.m. ESTTitle: Would You Buy it? $46 for 12 Bottles! "Black Myth: Wukong" Joins Hands with Pepsi-Cola to Launch on JD.com
Flight attendant faces dismissal over her social media post about Liam Payne's body onboard
As the investigation unfolds and more details come to light, the true nature of the relationship between the young woman and her hosts remains to be seen. The case serves as a reminder of the complexities of human relationships and the importance of seeking out the truth, no matter how elusive it may seem.As the debate over casualty figures continues to unfold, it is crucial for independent agencies and organizations to conduct thorough investigations and assessments to determine the true extent of human losses in the Russia-Ukraine conflict. Accurate and transparent reporting of casualties is essential not only for honoring the memory of those who have made the ultimate sacrifice but also for holding accountable those responsible for the violence and bloodshed.