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The European Union reached a blockbuster free trade agreement Friday with Brazil, Argentina and the three other South American nations in the Mercosur trade alliance, capping a quarter-century of on-off negotiations even as France vowed to derail the contentious accord. Provided it is ratified, the accord would create one of the world's largest free trade zones, covering a market of 780 million people that represents nearly a quarter of global gross domestic product. The accord's proponents in Brussels say it would save businesses some $4.26 billion in duties each year, slashing red tape and removing tariffs on products like Italian wine, Argentine steak, Brazilian oranges and German Volkswagens. Its critics in France, the Netherlands and other countries with big dairy and beef industries say the pact would subject local farmers to unfair competition and cause environmental damage. From Uruguay, the host of the Mercosur summit, European Commission President Ursula von der Leyen hailed the deal as a “truly historic milestone" at a time when global protectionism is on the rise. “I know that strong winds are blowing in the opposite direction, toward isolation and fragmentation, but this agreement is our clear response,” von der Leyen said, an apparent reference to U.S. President-elect Donald Trump's vows to protect American workers and goods. Under pressure from his country's powerful and vocal farming lobby, French President Emmanuel Macron said Friday the deal remained “unacceptable” as it stands and stressed that governments have not yet seen “the final outcome” of negotiations. “The agreement has neither been signed nor ratified. This is not the end of the story,” Macron's office said, adding that France demands additional safeguards for farmers and commitments to sustainable development and health controls. For France to block the deal, it would need the support of three or more other EU member states representing at least 35% of the bloc's population. The French government, which has been rallying countries to oppose the pact, named Austria, Belgium, Italy, the Netherlands and Poland as other wary states that share French concerns about the deal. To take effect, the pact must also be endorsed by the European Parliament. In remarks aimed at her “fellow Europeans,” and perhaps in particular French skeptics, von der Leyen promised the accord would boost 60,000 businesses through lower tariffs, streamlined customs procedures and preferential access to raw materials otherwise supplied by China. “This will create huge business opportunities,” von der Leyen said. She then turned to address European farmers who fear that an influx of cheap food imports will jeopardize their livelihoods. South American countries do not have to adhere to the same standards for animal treatment and pesticide use. “We have heard you, listened to your concerns, and we are acting on them,” von der Leyen said. Outrage over environmental rules, rising costs and unregulated imports has unleashed massive farmers’ protests across the continent over the past year. Leaders on both sides of the Atlantic who long have pushed for the deal praised the announcement Friday, welcoming the results as a boon for export industries. It marks the first major trade agreement for Mercosur, which is comprised of Argentina, Brazil, Uruguay, Paraguay and, newly, Bolivia. The bloc had previously only managed to conclude free-trade deals with Egypt, Israel and Singapore. “An important obstacle to the agreement has been overcome,” said Chancellor Olaf Scholz of Germany, where the nation's vaunted car industry is poised to profit. From Spain, Prime Minister Pedro Sánchez called the agreement “an unprecedented economic bridge." At the Mercosur summit in Uruguay’s capital of Montevideo, Brazil's President Luiz Inacio Lula da Silva praised “a modern and balanced text which recognizes Mercosur’s environmental credentials." “We are securing new markets for our exports and strengthening investment flows,” he said. The Brazilian Trade and Investment Promotion Agency said it expects the pact to boost the nation's Europe-bound exports by $7 billion. Libertarian President Javier Milei of Argentina described the accord as aligning with his free market principles. Argentines are excited about selling more beef and agricultural products in the EU. The deal is the product of 25 years of painstaking negotiations, dating back to a Mercosur summit in Rio de Janeiro in 1999. Talks collapsed over differences in economic priorities, regulatory standards and agricultural policies. The rise of protectionist tendencies also repeatedly upended hopes. Momentum picked up in 2016, as former President Trump imposed harsh tariffs on Europe. At the same time, market-friendly governments came to power in South America's biggest economies, Brazil and Argentina, which had been closed for years. In June 2019, negotiators announced a deal that included provisions for tariff reductions and commitments to environmental standards. But it was never implemented. In Brazil, the region's economic powerhouse, right-wing former President Jair Bolsonaro in Brazil, presided over record levels of deforestation in the Amazon, prompting EU governments to demand tougher sustainability criteria. In Argentina, a new left-wing protectionist government opposed the deal. But things picked up as the region's politics shifted again in 2023. Brazil's President Lula rode to power on pledges to rein in illegal logging, soothing concerns that the pact could accelerate deforestation. Argentina's Milei is working to open the nation's notoriously closed and crisis-stricken economy. But if past EU trade agreements are any indication, ratification could take years. "We celebrate it, but it's still far from reality,” Milei said of the accord. In 2016, the EU and Canada signed a pact, known as the Comprehensive Economic and Trade Agreement, or CETA, but the approval process is still lumbering along. Germany’s parliament only signed off on that pact two years ago, and the French Senate rejected it in March this year. “Anyone with any memory is skeptical," said Brian Winter, a vice president of the New York-based Council of the Americas. “They have trotted out leaders and declared victory and celebrated, and yet there always seems to be a hitch.” Associated Press writers Mauricio Savarese in São Paulo, David Biller in Rio de Janeiro, Lorne cook in Brussels and Sylvie Corbet in Paris contributed to this report.
As the investigation continues, authorities are urging anyone who may have visited the bathing center and experienced similar symptoms to come forward and share their account. This collective effort is crucial in piecing together the timeline of events and determining the root cause of the widespread illness.
Furthermore, the media coverage and hype surrounding certain players can also influence award selections. Players with a more extensive fan base, media presence, and commercial appeal often receive more attention and consideration for individual awards. Despite Martinez's undeniable talent and performances on the field, his lower profile compared to global stars like Messi and Ronaldo may have worked against him in the award selection process.Gainers Primega Group Holdings PGHL stock rose 21.3% to $1.62 during Friday's pre-market session. The market value of their outstanding shares is at $38.8 million. Hyperscale Data GPUS shares moved upwards by 20.48% to $6.0. The market value of their outstanding shares is at $6.6 million. Satellogic SATL shares moved upwards by 13.37% to $3.56. The market value of their outstanding shares is at $322.5 million. Nature's Miracle Holding NMHI shares increased by 9.26% to $2.24. The company's market cap stands at $6.0 million. Leonardo DRS DRS shares rose 8.78% to $38.0. The market value of their outstanding shares is at $10.0 billion. Performance Shipping PSHG shares increased by 8.47% to $1.92. The market value of their outstanding shares is at $23.8 million. Losers Mynaric MYNA shares decreased by 42.3% to $0.81 during Friday's pre-market session. The company's market cap stands at $20.5 million. BingEx FLX stock declined by 22.46% to $7.7. The market value of their outstanding shares is at $546.8 million. Flux Power Holdings FLUX stock declined by 11.94% to $1.55. The company's market cap stands at $25.8 million. Primech Holdings PMEC shares decreased by 7.73% to $0.71. The company's market cap stands at $27.0 million. ADS-TEC Energy ADSE shares declined by 7.45% to $12.56. The market value of their outstanding shares is at $635.3 million. Advent Technologies Hldgs ADN shares declined by 7.08% to $5.25. The company's market cap stands at $13.8 million. See Also: www.benzinga.com/money/best-industrials-stocks/ This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Security beefed up as farmers to march on foot towards Delhi todayFormer Halifax mayor Mike Savage installed as Nova Scotia's lieutenant-governorHP Inc. stock rises Friday, still underperforms market
In conclusion, while it is natural for parents to be concerned about their children's safety and well-being, overcontrolling their social life can have negative consequences on their development. It is essential for parents to strike a balance between supervision and autonomy, fostering open communication, trust, and healthy boundaries in their relationships with their children. By doing so, parents can support their children in developing essential social skills and self-confidence as they navigate the challenges of the digital age.
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So the next time you find yourself faced with a metaphorical dog hole in your path, remember the spirit of the elderly man who refused to be confined by limitations. Embrace the challenge, think outside the box, and crawl through with determination and grace. Who knows what adventures await on the other side?Another important aspect highlighted in the meeting was the promotion of affordable housing and rental programs. In response to the growing housing affordability crisis, the government plans to increase the supply of affordable housing units and improve rental options for low and middle-income families. This initiative not only addresses social concerns but also contributes to long-term market stability by diversifying housing options.
In their official response to the investigation, NVIDIA emphasized their willingness to work with regulatory agencies and provide full cooperation in any inquiries or investigations. The company stated, "We are committed to complying with all applicable laws and regulations in every market where we operate. We take these matters seriously and are fully prepared to address any concerns raised by regulatory authorities."None
Moving forward, organizations may need to revisit their salary confidentiality policies and consider ways to facilitate open and constructive discussions about compensation. Clear communication channels, regular performance reviews, and opportunities for objective salary negotiations could help bridge the gap between employees and management, fostering a culture of fairness and mutual respect.A federal appeals court panel on Friday unanimously upheld a law that could lead to a ban on TikTok in a few short months, handing a resounding defeat to the popular social media platform as it fights for its survival in the U.S. The U.S. Court of Appeals for the District of Columbia Circuit denied TikTok's petition to overturn the law — which requires TikTok to break ties with its China-based parent company ByteDance or be banned by mid-January — and rebuffed the company's challenge of the statute, which it argued had ran afoul of the First Amendment. “The First Amendment exists to protect free speech in the United States,” said the court's opinion, which was written by Judge Douglas Ginsburg. “Here the Government acted solely to protect that freedom from a foreign adversary nation and to limit that adversary’s ability to gather data on people in the United States.” TikTok and ByteDance — another plaintiff in the lawsuit — are expected to appeal to the Supreme Court, though its unclear whether the court will take up the case. “The Supreme Court has an established historical record of protecting Americans’ right to free speech, and we expect they will do just that on this important constitutional issue," TikTok spokesperson Michael Hughes said in a statement. “Unfortunately, the TikTok ban was conceived and pushed through based upon inaccurate, flawed and hypothetical information, resulting in outright censorship of the American people,” Hughes said. Unless stopped, he argued the statute “will silence the voices of over 170 million Americans here in the US and around the world on January 19th, 2025.” Though the case is squarely in the court system, its also possible the two companies might be thrown some sort of a lifeline by President-elect Donald Trump, who tried to ban TikTok during his first term but said during the presidential campaign that he is now against such action. The law, signed by President Joe Biden in April, was the culmination of a years-long saga in Washington over the short-form video-sharing app, which the government sees as a national security threat due to its connections to China. The U.S. has said it’s concerned about TikTok collecting vast swaths of user data, including sensitive information on viewing habits, that could fall into the hands of the Chinese government through coercion. Officials have also warned the proprietary algorithm that fuels what users see on the app is vulnerable to manipulation by Chinese authorities, who can use it to shape content on the platform in a way that’s difficult to detect — a concern mirrored by the European Union on Friday as it scrutinizes the video-sharing app’s role in the Romanian elections. TikTok, which sued the government over the law in May, has long denied it could be used by Beijing to spy on or manipulate Americans. Its attorneys have accurately pointed out that the U.S. hasn’t provided evidence to show that the company handed over user data to the Chinese government, or manipulated content for Beijing’s benefit in the U.S. They have also argued the law is predicated on future risks, which the Department of Justice has emphasized pointing in part to unspecified action it claims the two companies have taken in the past due to demands from the Chinese government. Friday’s ruling came after the appeals court panel, composed of two Republican and one Democrat appointed judges, heard oral arguments in September. In the hearing, which lasted more than two hours, the panel appeared to grapple with how TikTok’s foreign ownership affects its rights under the Constitution and how far the government could go to curtail potential influence from abroad on a foreign-owned platform. On Friday, all three of them denied TikTok’s petition. In the court's ruling, Ginsburg, a Republican appointee, rejected TikTok's main legal arguments against the law, including that the statute was an unlawful bill of attainder or a taking of property in violation of the Fifth Amendment. He also said the law did not violate the First Amendment because the government is not looking to "suppress content or require a certain mix of content” on TikTok. “Content on the platform could in principle remain unchanged after divestiture, and people in the United States would remain free to read and share as much PRC propaganda (or any other content) as they desire on TikTok or any other platform of their choosing,” Ginsburg wrote, using the abbreviation for the People’s Republic of China. Judge Sri Srinivasan, the chief judge on the court, issued a concurring opinion. TikTok’s lawsuit was consolidated with a second legal challenge brought by several content creators - for which the company is covering legal costs - as well as a third one filed on behalf of conservative creators who work with a nonprofit called BASED Politics Inc. Other organizations, including the Knight First Amendment Institute, had also filed amicus briefs supporting TikTok. “This is a deeply misguided ruling that reads important First Amendment precedents too narrowly and gives the government sweeping power to restrict Americans’ access to information, ideas, and media from abroad,” said Jameel Jaffer, the executive director of the organization. “We hope that the appeals court’s ruling won’t be the last word.” Meanwhile, on Capitol Hill, lawmakers who had pushed for the legislation celebrated the court's ruling. "I am optimistic that President Trump will facilitate an American takeover of TikTok to allow its continued use in the United States and I look forward to welcoming the app in America under new ownership,” said Republican Rep. John Moolenaar of Michigan, chairman of the House Select Committee on China. Democratic Rep. Raja Krishnamoorthi, who co-authored the law, said “it's time for ByteDance to accept” the law. To assuage concerns about the company’s owners, TikTok says it has invested more than $2 billion to bolster protections around U.S. user data. The company has also argued the government’s broader concerns could have been resolved in a draft agreement it provided the Biden administration more than two years ago during talks between the two sides. It has blamed the government for walking away from further negotiations on the agreement, which the Justice Department argues is insufficient. Attorneys for the two companies have claimed it’s impossible to divest the platform commercially and technologically. They also say any sale of TikTok without the coveted algorithm - the platform’s secret sauce that Chinese authorities would likely block under any divesture plan - would turn the U.S. version of TikTok into an island disconnected from other global content. Still, some investors, including Trump’s former Treasury Secretary Steven Mnuchin and billionaire Frank McCourt, have expressed interest in purchasing the platform. Both men said earlier this year that they were launching a consortium to purchase TikTok’s U.S. business. This week, a spokesperson for McCourt’s Project Liberty initiative, which aims to protect online privacy, said unnamed participants in their bid have made informal commitments of more than $20 billion in capital.
But it wasn't just the fans who were impressed by Xiang Zuo's new look. Xiao Hua, the talented hairstylist behind the transformation, also expressed her satisfaction with the result. In a statement to the press, she revealed that she drew inspiration from Xiang Zuo's unique facial features and personality to create a hairstyle that perfectly complemented his look.
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