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SAO PAULO (AP) — Brazil’s former far-right President Jair Bolsonaro was fully aware of and actively participated in a coup plot to remain in office after his defeat in the 2022 election , according to a Federal Police report unsealed Tuesday. Federal Police last Thursday formally accused Bolsonaro and 36 other people of attempting a coup. They sent their 884-page report to the Supreme Court, which lifted the seal. “The evidence collected throughout the investigation shows unequivocally that then-President Jair Messias Bolsonaro planned, acted and was directly and effectively aware of the actions of the criminal organization aiming to launch a coup d’etat and eliminate the democratic rule of law, which did not take place due to reasons unrelated to his desire,” the document said. At another point, it says: “Bolsonaro had full awareness and active participation.” Bolsonaro, who had repeatedly alleged without evidence that the country's electronic voting system was prone to fraud, called a meeting in December 2022, during which he presented a draft decree to the commanders of the three divisions of the armed forces, according to the police report, signed by four investigators. The decree would have launched an investigation into suspicions of fraud and crimes related to the October 2022 vote, and suspended the powers of the nation's electoral court. The navy’s commander stood ready to comply, but those from the army and air force objected to any plan that prevented Lula’s inauguration, the report said. Those refusals are why the plan did not go ahead, according to witnesses who spoke to investigators. Bolsonaro never signed the decree to set the final stage of the alleged plan into action. Bolsonaro has repeatedly denied any wrongdoing or awareness of any plot to keep him in power or oust his leftist rival and successor, Luiz Inácio Lula da Silva. “No one is going to do a coup with a reserve general and half a dozen other officers. What is being said is absurd. For my part, there has never been any discussion of a coup,” Bolsonaro told journalists in Brazil’s capital Brasilia on Monday. “If someone came to discuss a coup with me, I’d say, that’s fine, but the day after, how does the world view us?” he added. “The word ‘coup’ has never been in my dictionary.” The top court has passed the report on to Prosecutor-General Paulo Gonet. He will decide whether to formally charge Bolsonaro and put him on trial, or toss the investigation. Ahead of the 2022 election, Bolsonaro repeatedly alleged that the election system, which does not use paper ballots, could be tampered with. The top electoral court later ruled that he had abused his power to cast unfounded doubt on the voting system, and ruled him ineligible for office until 2030 . Still, he has maintained that he will stand as a candidate in the 2026 race. Since Bolsonaro left office, he has been targeted by several investigations, all of which he has chalked up to political persecution. Federal Police have accused him of smuggling diamond jewelry into Brazil without properly declaring them and directing a subordinate to falsify his and others’ COVID-19 vaccination statuses . Authorities are also investigating whether he incited the Jan. 8, 2022 riot in which his followers ransacked the Supreme Court and presidential palace in Brasilia, seeking to prompt intervention by the army that would oust Lula from power. Bolsonaro had left for the United States days before Lula’s inauguration on Jan. 1, 2023 and stayed there three months, keeping a low profile. The police report unsealed Tuesday alleges he was seeking to avoid possible imprisonment related to the coup plot, and also await the uprising that took place a week later. Hughes reported from Rio de JaneiroHow major US stock indexes fared Wednesday, 12/4/2024

WASHINGTON -- White House says at least eight US telecom firms, dozens of nations impacted by China hacking campaign.ISTANBUL The CEO of Turkish manufacturer, Karmod, delivered a TEDx talk on "International Trade in the Digital World" at Ataturk University in eastern Türkiye. Karmod said Mehmet Cankaya emphasized the transformative effect of digital technologies on marketing practices in his talk, "Self-Realization," which was uploaded to the TEDx YouTube channel. Highlighting the importance of marketing in trade, Cankaya said: "No matter how good your production is, without effective marketing, success is unattainable. Today, the most effective form of marketing is through digital channels. The use of corporate websites and digital platforms has become essential." Cankaya detailed Karmod’s digital transformation journey. "Founded in 1986, our export momentum significantly increased in 2002 when we launched our first website in Turkish, English, French, Russian, and Arabic. By 2008, we had expanded our exports to 60 countries. The real breakthrough came when we launched our website in 43 languages, targeting specific countries with domains in languages such as Bulgarian, Romanian, Malay, and Indonesian. Today, our website attracts 15,000 visitors daily, and we now export to 140 countries," he said. Cankaya pointed out that managing increasing customer inquiries has been a crucial aspect of digital marketing success. "As our daily website visitors reached 15,000, we had to upgrade our call system. We introduced AI-driven software to handle inquiries efficiently. This allows us to analyze requests accurately and respond promptly, ensuring optimal service," he said. Reflecting on the company’s journey, Cankaya credited the foundational role of his father’s workshop and mentorship: "My father left us a small workshop, which was a valuable starting point. In the early years, his encouragement greatly contributed to our growth. What started as a 300-square-meter workshop has now transformed into a 30,000-square-meter production facility. Having your family’s support is vital. To young professionals, I’d also advise starting the day early—morning productivity lays the foundation for a fruitful day." Karmod’s journey exemplifies the potential of blending traditional values with digital innovation, showcasing the importance of adaptation in an increasingly interconnected world.

By JILL COLVIN and STEPHEN GROVES WASHINGTON (AP) — After several weeks working mostly behind closed doors, Vice President-elect JD Vance returned to Capitol Hill this week in a new, more visible role: Helping Donald Trump try to get his most contentious Cabinet picks to confirmation in the Senate, where Vance has served for the last two years. Vance arrived at the Capitol on Wednesday with former Rep. Matt Gaetz and spent the morning sitting in on meetings between Trump’s choice for attorney general and key Republicans, including members of the Senate Judiciary Committee. The effort was for naught: Gaetz announced a day later that he was withdrawing his name amid scrutiny over sex trafficking allegations and the reality that he was unlikely to be confirmed. Thursday morning Vance was back, this time accompanying Pete Hegseth, the “Fox & Friends Weekend” host whom Trump has tapped to be the next secretary of defense. Hegseth also has faced allegations of sexual assault that he denies. Vance is expected to accompany other nominees for meetings in coming weeks as he tries to leverage the two years he has spent in the Senate to help push through Trump’s picks. Vice President-elect JD Vance, still a Republican senator from Ohio, walks from a private meeting with President-elect Donald Trump’s nominee to be attorney general, former Rep. Matt Gaetz, R-Fla., at the Capitol in Washington, Wednesday, Nov. 20, 2024. (AP Photo/J. Scott Applewhite) President-elect Donald Trump’s nominee to be attorney general, former Rep. Matt Gaetz, R-Fla., center, and Vice President-elect JD Vance, left, walk out of a meeting with Republican Senate Judiciary Committee members, at the Capitol in Washington, Wednesday, Nov. 20, 2024. (AP Photo/Ben Curtis) FILE – Sen. JD Vance, R-Ohio, departs the chamber at the Capitol in Washington, March 15, 2023. (AP Photo/J. Scott Applewhite, File) FILE – Sen. JD Vance, R-Ohio, center speaks during a Senate Banking Committee hearing on Capitol Hill in Washington, March 7, 2023. (AP Photo/Andrew Harnik, File) FILE – Sen. JD Vance, R-Ohio, right, speaks with Sen. Sherrod Brown, D-Ohio, before testifying at a hearing, March 9, 2023, in Washington. (AP Photo/Kevin Wolf, File) FILE – Sen. JD Vance, R-Ohio, arrives for a classified briefing on China, at the Capitol in Washington, Feb. 15, 2023. (AP Photo/J. Scott Applewhite, File) FILE – Sen. JD Vance, R-Ohio, arrives for a vote on Capitol Hill, Sept. 12, 2023 in Washington. (AP Photo/Mark Schiefelbein, File) FILE – Sen. JD Vance R-Ohio speaks during a news conference on Capitol Hill in Washington, Feb. 6, 2024. (AP Photo/Jose Luis Magana, File) Vice President-elect JD Vance, still a Republican senator from Ohio, walks from a private meeting with President-elect Donald Trump’s nominee to be attorney general, former Rep. Matt Gaetz, R-Fla., at the Capitol in Washington, Wednesday, Nov. 20, 2024. (AP Photo/J. Scott Applewhite) The role of introducing nominees around Capitol Hill is an unusual one for a vice president-elect. Usually the job goes to a former senator who has close relationships on the Hill, or a more junior aide. But this time the role fits Vance, said Marc Short, who served as Trump’s first director of legislative affairs as well as chief of staff to Trump’s first vice president, Mike Pence, who spent more than a decade in Congress and led the former president’s transition ahead of his first term. ”JD probably has a lot of current allies in the Senate and so it makes sense to have him utilized in that capacity,” Short said. Unlike the first Trump transition, which played out before cameras at Trump Tower in New York and at the president-elect’s golf club in Bedminster, New Jersey, this one has largely happened behind closed doors in Palm Beach, Florida. There, a small group of officials and aides meet daily at Trump’s Mar-a-Lago resort to run through possible contenders and interview job candidates. The group includes Elon Musk, the billionaire who has spent so much time at the club that Trump has joked he can’t get rid of him. Vance has been a constant presence, even as he’s kept a lower profile. The Ohio senator has spent much of the last two weeks in Palm Beach, according to people familiar with his plans, playing an active role in the transition, on which he serves as honorary chair. Vance has been staying at a cottage on the property of the gilded club, where rooms are adorned with cherubs, oriental rugs and intricate golden inlays. It’s a world away from the famously hardscrabble upbringing that Vance documented in the memoir that made him famous, “Hillbilly Elegy.” His young children have also joined him at Mar-a-Lago, at times. Vance was photographed in shorts and a polo shirt playing with his kids on the seawall of the property with a large palm frond, a U.S. Secret Service robotic security dog in the distance. On the rare days when he is not in Palm Beach, Vance has been joining the sessions remotely via Zoom. Though he has taken a break from TV interviews after months of constant appearances, Vance has been active in the meetings, which began immediately after the election and include interviews and as well as presentations on candidates’ pluses and minuses. Among those interviewed: Contenders to replace FBI Director Christopher Wray , as Vance wrote in a since-deleted social media post. Defending himself from criticism that he’d missed a Senate vote in which one of President Joe Biden’s judicial nominees was confirmed, Vance wrote that he was meeting at the time “with President Trump to interview multiple positions for our government, including for FBI Director.” “I tend to think it’s more important to get an FBI director who will dismantle the deep state than it is for Republicans to lose a vote 49-46 rather than 49-45,” Vance added on X. “But that’s just me.” While Vance did not come in to the transition with a list of people he wanted to see in specific roles, he and his friend, Trump’s eldest son, Donald Trump Jr., who is also a member of the transition team, were eager to see former Democratic Rep. Tulsi Gabbard and Robert F. Kennedy Jr. find roles in the administration. Trump ended up selecting Gabbard as the next director of national intelligence , a powerful position that sits atop the nation’s spy agencies and acts as the president’s top intelligence adviser. And he chose Kennedy to lead the Department of Health and Human Services , a massive agency that oversees everything from drug and food safety to Medicare and Medicaid. Vance was also a big booster of Tom Homan, the former acting director of Immigration and Customs Enforcement, who will serve as Trump’s “border czar.” In another sign of Vance’s influence, James Braid, a top aide to the senator, is expected to serve as Trump’s legislative affairs director. Allies say it’s too early to discuss what portfolio Vance might take on in the White House. While he gravitates to issues like trade, immigration and tech policy, Vance sees his role as doing whatever Trump needs. Vance was spotted days after the election giving his son’s Boy Scout troop a tour of the Capitol and was there the day of leadership elections. He returned in earnest this week, first with Gaetz — arguably Trump’s most divisive pick — and then Hegseth, who has was been accused of sexually assaulting a woman in 2017, according to an investigative report made public this week. Hegseth told police at the time that the encounter had been consensual and denied any wrongdoing. Vance hosted Hegseth in his Senate office as GOP senators, including those who sit on the Senate Armed Services Committee, filtered in to meet with the nominee for defense secretary. While a president’s nominees usually visit individual senators’ offices, meeting them on their own turf, the freshman senator — who is accompanied everywhere by a large Secret Service detail that makes moving around more unwieldy — instead brought Gaetz to a room in the Capitol on Wednesday and Hegseth to his office on Thursday. Senators came to them. Vance made it to votes Wednesday and Thursday, but missed others on Thursday afternoon. Vance is expected to continue to leverage his relationships in the Senate after Trump takes office. But many Republicans there have longer relationships with Trump himself. Sen. Kevin Cramer, a North Dakota Republican, said that Trump was often the first person to call him back when he was trying to reach high-level White House officials during Trump’s first term. “He has the most active Rolodex of just about anybody I’ve ever known,” Cramer said, adding that Vance would make a good addition. “They’ll divide names up by who has the most persuasion here,” Cramer said, but added, “Whoever his liaison is will not work as hard at it as he will.” Cramer was complimentary of the Ohio senator, saying he was “pleasant” and ” interesting” to be around. ′′He doesn’t have the long relationships,” he said. “But we all like people that have done what we’ve done. I mean, that’s sort of a natural kinship, just probably not as personally tied.” Under the Constitution, Vance will also have a role presiding over the Senate and breaking tie votes. But he’s not likely to be needed for that as often as was Kamala Harris, who broke a record number of ties for Democrats as vice president, since Republicans will have a bigger cushion in the chamber next year. Colvin reported from New York. Associated Press writer Mary Clare Jalonick contributed to this report.Lautaro Martinez ends goal drought as Inter keep pressure on Serie A leadersIt was previously reported that Yoo Byung Jae was involved in dating rumors with a “ beautiful younger woman .” According to witnesses to their dates, he did not seem to be mindful of others and did not try to hide his relationship. His agency briefly stated that they did not know about his private life. Beloved Korean Celebrity Embroiled In Dating Rumors With “Beautiful Younger Woman,” Agency Responds Online communities began buzzing about his alleged girlfriend. Through some social media sleuthing, netizens named influencer Lee Yu Jeong as his partner. She gained fame through the reality show Love Catcher In Bali . 아니 러브캐처 유정이랑 유병재랑 사귄다고???? 진짜로...? pic.twitter.com/YDTc76YLch — mul (@peacennluv) November 20, 2024 You’re telling me Yoo Byung Jae is dating Love Catcher’s Lee Yu Jeong? FR? — peacennluv According to netizens, a reel about that could have hinted at a relationship had been swiftly deleted from Yu Jeong’s account. 헐 유병재 열애설 상대방 러브캐처 유정이라는데? pic.twitter.com/GOupaers2B — 김덕후의 저장소 (@_kimsave) November 19, 2024 I uploaded a post on Instiz after seeing her reel, but the reel got deleted and disappeared. I wondered what was up with that LOL. Wonder how Yoo Byung Jae did it. — _kimsave Lee Yu Jeong attained fame through her stint on Love Catcher In Bali , a dating reality show. She previously worked as a makeup and beauty lecturer.I ndia, with its rich history of academic excellence, now stands at a crossroads, poised to transform its higher education system into a global powerhouse. However, if we look at the status of higher education in the country, India is still far from these ambitious goals. As of May 2024, India’s gross enrolment ratio in higher education was 28.4%, with over 4.3 crore students enrolled in almost 1200 institutions. However, this is far below the current global average of 36.7%. According to the Ministry of Education, almost nine lakh students went abroad for higher education last year. These students have spent $60 billion (₹5.1 lakh crores) on acquiring an education abroad in 2023. This figure has almost doubled from the $37 billion spent in 2019, the year before the pandemic. This is more than 10 times the annual budget allocated by the Union Government for Higher Education (₹ 44,090 crores or $5.2 billion) in 2023-24. Clearly, current Indian students seeking higher education prefer to go abroad if they had the resources. Yet we aspire to become the destination of choice for higher education for students of the world in the coming decades. Key focus areas To achieve this ambitious goal, there are several key areas on which the country needs to focus, including fostering interdisciplinarity in fundamental areas of teaching and research, enhancing the quality of faculty at all levels, promoting global partnerships, ensuring the internationalisation of the curriculum followed, improving governance and autonomy, enhancing access and equity, and embracing technology and innovation. By addressing these areas, India can cultivate a new generation of global leaders equipped to tackle the complex challenges of the 21st century. Education has been one of the core defining values of Indians. It has never been a secondary option, regardless of background, religion, ethnicity or era of existence. Since education is so central to our identity, now is the time to align our education system with the 21st-century goals of inclusivity, innovation, and global competence. The National Education Policy (NEP) 2020 provides a promising framework to provide a first step to achieve this vision. Several key developments are needed in Indian higher education to empower the system for global leadership. Education needs to focus on transferrable skills. In an age where information is widely available, and is mixed up with bewildering layers of misinformation, higher education has to highlight the crucial skills of critical thinking, problem-solving and communication. Universities need to become the locus of both teaching and research; collaborative research and innovation need to span across disciplines to address complex global challenges; and strong partnerships need to emerge in both teaching and research with industry and international partners. Importance of faculty All this is possible if Indian institutions of higher education can attract and retain top-notch faculty from around the world. Currently only the top tier institutions can declare that their faculty are comparable to the best of the world. However, these academics interact with only a small number of our students. Easier faculty mobility and collaboration across the world can partially address this. Empowering a wider range of institutions to develop online degree programmes, particularly in conjunction with international universities, can help achieve this goal. Currently only a handful of elite universities are allowed to offer formal online education and develop joint degree programmes with international partners. As 2024 comes to a close, it can be viewed as a year marked by the first signs of the implementation of the path-breaking flexibilities that the NEP-2020 provides to the higher education landscape. The academic bank of credits enables students to pause education to get a taste of employment, or to move between institutions according to the availability of courses in their individual education plan. Towards the end of the year, we learnt that biannual admissions will become possible, making mobility between states, as well as for international students, much easier. Accessibility of primary sources for research has been too expensive for most researchers in the country. The recently announced One Nation, One Subscription policy is a crucial step that enables researchers to access high-quality research articles and foster an environment that supports innovation. As we look ahead, the trends that defined 2024 are poised to evolve further. Views expressed are personal. The writer is the Vice Chancellor, Ashoka University Published - December 28, 2024 06:30 pm IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit The Hindu Education Plus / education / higher education / universities and colleges / students / teaching and learning

Extensive confidential documents in the lead-up to the collapse of Northern Ireland’s institutions in 2002 have been made available to the public as part of annual releases from the Irish National Archives. They reveal that the Irish Government wanted to appeal to the UK side against “manipulating” every scenario for favourable election results in Northern Ireland, in an effort to protect the peace process. In the years after the landmark 1998 Good Friday Agreement, a number of outstanding issues left the political environment fraught with tension and disagreement. Mr Trimble, who won a Nobel Peace Prize with SDLP leader John Hume for their work on the Agreement, was keen to gain wins for the UUP on policing, ceasefire audits and paramilitary disarmament – but also to present his party as firmer on these matters amid swipes from its Unionist rival, the DUP. These issues were at the front of his mind as he tried to steer his party into Assembly elections planned for May 2003 and continue in his role as the Executive’s first minister despite increasing political pressure. The documents reveal the extent to which the British and Irish Governments were trying to delicately resolve the contentious negotiations, conscious that moves seen as concessions to one group could provoke anger on the other side. In June 2002, representatives of the SDLP reported to Irish officials on a recent meeting between Mr Hume’s successor Mark Durkan and Prime Minister Tony Blair on policing and security. Mr Blair is said to have suggested that the SDLP and UUP were among those who both supported and took responsibility for the Good Friday Agreement. The confidential report of the meeting says that Mr Durkan, the deputy First Minister, was not sure that Mr Trimble had been correctly categorised. The Prime Minister asked if the SDLP could work more closely with the UUP ahead of the elections. Mr Durkan argued that Mr Trimble was not only not saleable to nationalists, but also not saleable to half of the UUP – to which Mr Blair and Northern Ireland Secretary John Reid are said to have laughed in agreement. The SDLP leader further warned that pursuing a “save David” campaign would ruin all they had worked for. Damien McAteer, an adviser for the SDLP, was recorded as briefing Irish officials on September 10 that it was his view that Mr Trimble was intent on collapsing the institutions in 2003 over expected fallout for Sinn Fein in the wake of the Colombia Three trial, where men linked to the party were charged with training Farc rebels – but predicted the UUP leader would be “in the toilet” by January, when an Ulster Unionist Council (UUC) meeting was due to take place. A week later in mid September, Mr Trimble assured Irish premier Bertie Ahern that the next UUC meeting to take place in two days’ time would be “okay but not great” and insisted he was not planning to play any “big game”. It was at that meeting that he made the bombshell announcement that the UUP would pull out of the Executive if the IRA had not disbanded by January 18. The move came as a surprise to the Irish officials who, along with their UK counterparts, did not see the deadline as realistic. Sinn Fein described the resolution as a “wreckers’ charter”. Doubts were raised that there would be any progress on substantive issues as parties would not be engaged in “pre-election skirmishing”. As that could lead to a UUP walkout and the resulting suspension of the institutions, the prospect of delaying the elections was raised while bringing forward the vote was ruled out. Therefore, the two Governments stressed the need to cooperate as a stabilising force to protect the Agreement – despite not being sure how that process would survive through the January 18 deadline. The Irish officials became worried that the British side did not share their view that Mr Trimble was not “salvageable” and that the fundamental dynamic in the UUP was now Agreement scepticism, the confidential documents state. In a meeting days after the UUC announcements, Mr Reid is recorded in the documents as saying that as infuriating as it was, Mr Trimble was at that moment the “most enlightened Unionist we have”. The Secretary said he would explore what the UUP leader needed to “survive” the period between January 18 and the election, believing a significant prize could avoid him being “massacred”. Such planning went out the window just weeks later, when hundreds of PSNI officers were involved in raids of several buildings – including Sinn Fein’s offices in Stormont. The resulting “Stormontgate” spy-ring scandal accelerated the collapse of powersharing, with the UUP pulling out of the institutions – and the Secretary of State suspending the Assembly and Executive on October 14. For his part, Irish officials were briefed that Mr Reid was said to be “gung ho” about the prospect of exercising direct rule – reportedly making no mention of the Irish Government in a meeting with Mr Trimble and Mr Durkan on that day. The Northern Ireland Secretary was given a new role and Paul Murphy was appointed as his successor. A note on speaking points for a meeting with Mr Murphy in April showed that the Irish side believed the May elections should go ahead: “At a certain stage the political process has to stand on its own feet. “The Governments cannot be manipulating and finessing every scenario to engineer the right result. “We have to start treating the parties and the people as mature and trusting that they have the discernment to make the right choices.” However, the elections planned for May did not materialise, instead delayed until November. Mr Trimble would go on to lose his Westminster seat – and stewardship of the UUP – in 2005. The November election saw the DUP emerge as the largest parties – but direct rule continued as Ian Paisley’s refused to share power with Sinn Fein, which Martin McGuinness’ colleagues. The parties eventually agreed to work together following further elections in 2007. – This article is based on documents in 2024/130/5, 2024/130/6, 2024/130/15Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'

Ruben Amorim impressed with Arsenal’s corners after first defeat as Man Utd boss

3 E Network Technology Group Limited Files for 1.2M Share IPO at $4-$6/shMorgan Rogers’ fourth goal of the season, an Ollie Watkins penalty and Matty Cash’s finish put Villa 3-0 up after 34 minutes. Mikkel Damsgaard pulled one back for Brentford in the second half but the damage had been done as Villa ended their eight-match winless run in all competitions. Emery was relieved to end the unwanted streak but quickly turned his attention to the next fixture against Southampton on Saturday. “We broke a spell of bad results we were having,” the Villa boss said. “We started the first five or 10 minutes not in control of the game but then progressively we controlled. “Today we achieved those three points and it has given us confidence again but even like that it’s not enough. We have to keep going and think about the next match against Southampton on Saturday. “The message was try to focus on each match, try to forget the table. How we can recover confidence and feel comfortable at home. Today was a fantastic match.” Tyrone Mings returned to the starting line-up in the Premier League for the first time since August 2023. Emery admitted it has been a long road back for the 31-year-old and is pleased to have him back. He added: “Mings played in the Champions league but it’s the first time in the league for a year and three months. “I think he played fantastic – he might be tired tomorrow but will be ready for Saturday again. “It was very, very long, the injury he had. His comeback is fantastic for him and everybody, for the doctor and physio and now he’s training everyday.” Brentford fell to a sixth away defeat from seven games and have picked up only a solitary point on the road this season. They have the best home record in the league, with 19 points from seven matches, but they have the joint worst away record. Bees boss Thomas Frank is confident form will improve on the road. He said: “On numbers we can’t argue we are better at home than away, but on numbers it’s a coincidence. I think two of the seven away games have been bad. “The other games we performed well in big spells. I’m confident at the end of the season we will have some wins away from home.” Frank felt Villa should not have been given a penalty when Ethan Pinnock brought Watkins down. He added: “I want to argue the penalty. I don’t think it is (one). I think Ollie kicked back and hit Ethan, yes there is an arm on the shoulder but threshold and all that – but that’s not the reason we lost.”

Polish foreign minister: Europe must be ready as US rethinks Ukraine strategy( MENAFN - The Rio Times) The London stock exchange faces its most significant challenge since the 2009 financial crisis. In 2024, 88 companies abandoned the British market, with only 18 new listings to offset the losses. This exodus represents £94 billion in market value leaving the exchange, with £84 ($67) billion from FTSE 350 companies alone. High-profile departures include Ashtead Group, Flutter Entertainment, and CRH, with a combined market capitalization exceeding £100 ($80) billion. These companies chose to relocate to the New York Stock Exchange, citing better valuations and a deeper investor pool. The exodus began in 2022 when BHP, a mining giant worth $125 billion, shifted its primary listing to Sydney. While some argued this move reflected BHP's Australian-centric operations, others saw it as a sign of London's declining influence. The reasons for this shift are multifaceted. UK-listed companies often trade at a discount compared to their US counterparts. The FTSE 100 rose only 7.5% in 2024, while the S&P 500 surged 27.5%. Brexit's impact lingers, creating regulatory uncertainty and shrinking the potential investor base. Mergers with US companies have also contributed to the trend. These consolidations often result in the relocation of corporate headquarters and stock listings to the larger market. This pattern reflects the UK's economic challenges compared to the US. London Stock Exchange Loses Record Number of Firms Since 2009 Crisis UK pension funds have dramatically reduced their investments in domestic shares , from over 40% three decades ago to just 4% today. This shift further erodes the appeal of London's market. The consequences extend beyond the financial sector. London's status as a global financial hub faces a serious threat, potentially impacting job markets, tax revenues, and the UK's overall economic standing. Experts suggest several measures to stem the tide, including encouraging UK pension funds to increase domestic equity investments, establishing a UK ISA for retail investors, and cutting stamp duty on shares to improve competitiveness. As 2025 approaches, the financial world watches London closely. The city's ability to adapt and reclaim its position will shape its role in global finance for years to come. This situation holds significant implications not just for investors, but for the future of international economic power dynamics. London Stock Exchange Loses Record Number of Firms Since 2009 Crisis MENAFN29122024007421016031ID1109039908 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Hail Flutie: BC celebrates 40th anniversary of Miracle in MiamiUnai Emery feels confidence returning after Aston Villa end winless runAdvanced Wind Turbine Blade Materials Market to Reach US$ 9.8 Bn by 2034, Expanding at a 6.3% CAGR