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Biden to Ban New Oil Drilling Over Vast Stretch of US Atlantic, Pacific Waters

President Joe Biden is set to order a ban on new offshore oil and gas development across some 625 million acres of US coastal territory, ruling out the sale of drilling rights in Atlantic and Pacific waters as well as the eastern Gulf of Mexico.

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(Bloomberg) — President Joe Biden is set to order a ban on new offshore oil and gas development across some 625 million acres of US coastal territory, ruling out the sale of drilling rights in Atlantic and Pacific waters as well as the eastern Gulf of Mexico.

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The move represents a sweeping effort to permanently protect coastal waters — and communities that depend on them — from fossil fuel development and the risk of oil spills. At the same time, Biden is keeping the door open for new oil and natural gas leasing in the central and western portions of the Gulf of Mexico that have been drilled for decades and currently provide about 14% of the country’s production of those fuels, said people familiar with the matter who asked not to be named because the decision is not yet public. 

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Biden’s decision, set to be announced on Monday, will further burnish his climate credentials, deepening his record of fostering conservation and zero-emission energy. It builds on a series of last-minute White House moves to safeguard lands and enshrine environmental protections before President-elect Donald Trump takes office. 

White House spokespeople didn’t immediately respond to requests for comment made outside normal business hours.

Unlike other steps Biden has taken to constrain fossil fuel development and the greenhouse gas emissions that drive climate change, this one could have long-lived durability, complicating Trump’s intention of bolstering domestic oil and gas production. 

That’s because Biden’s planned proclamation is rooted in a 72-year-old provision of federal law that gives presidents broad discretion to withdraw US waters from oil leasing without explicitly authorizing revocations. 

Presidents of both parties — including Trump — have invoked the same statute to protect coral reefs, walrus feeding grounds and other American waters from Florida to Alaska. And while presidents have modified decisions by predecessors to exempt areas from oil leasing, courts have never validated a complete reversal.

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Congressional Democrats and environmental groups had lobbied Biden to maximize permanent protections against offshore drilling to safeguard vulnerable coastal communities, protect marine ecosystems from oil spills and fight climate change. Some environmental activists were divided on the best approach, worried that a too-broad declaration could jeopardize a legal tool that’s been used to conserve special marine areas since 1953.

Yet the planned proclamation is simultaneously muscular and strategic — indefinitely protecting some areas that Republican and Democratic politicians have jointly pushed to keep free from drilling without encroaching on long-active territory in the Gulf of Mexico that’s a foundation of US oil and gas production. 

The declaration would not affect drilling and other activity on existing leases. It also keeps a path open for Republican lawmakers to order more central and western Gulf oil lease sales as a way to raise revenue that could offset the cost of extending tax cuts.

Earlier: Trump’s Ready ‘Within Seconds’ to Issue Orders Spurring Drilling

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Environmentalists said Biden’s move ensures that oil companies won’t be able to tap reserves in the eastern Gulf and southern Pacific that have long beckoned industry. They added that the protections respond to growing public interest in limiting offshore oil drilling. 

The president would be delivering an “epic ocean victory” and “contributing to the bipartisan tradition of protecting our coasts” by enshrining the protections, said Joseph Gordon, a campaign director with the environmental group Oceana. 

Oil industry advocates said the planned action limits US energy might, even as the country stands on the cusp of an expected surge in electricity demand from data centers, artificial intelligence and manufacturing. Offshore energy development powers a long chain of economic activity that extends far from US coastlines, they argue, and oil and gas extracted in America yields less planet-warming pollution than elsewhere around the world. 

“Voters made their views clear about the importance of American energy, yet the Biden administration’s misguided approach continues to undermine our nation’s energy advantage,” said Dustin Meyer, senior vice president of policy at the American Petroleum Institute. 

Trump could order a reversal of Biden’s action, just as he tried to revoke President Barack Obama’s withdrawals during his first term in office. But Trump’s earlier attempt was rejected by a federal district court in 2019. 

Also, some of the waters that Biden is targeting overlap with territory near Florida and the southeast US that Trump himself temporarily withdrew from oil and gas leasing during the final weeks of the 2020 presidential campaign. Trump’s withdrawals are otherwise set to expire in 2032. 

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Q&A: Leader of Myanmar’s shadow government talks civil war strategy in 2025 | Politics News

This year is likely to be one of the most pivotal in Myanmar’s modern history.

The country is embroiled in a civil war, ignited by the military’s 2021 coup against an elected government.

Fighting has escalated and the military regime, which calls itself the State Administration Council (SAC), has suffered mounting defeats. It has responded to the loss of control over border regions and swaths of territory to opposition forces with indiscriminate air attacks and atrocities against civilians.

The military’s most formidable opposition – a coalition of ethnic armed groups – now controls most of Rakhine state in the country’s east and from the border with China to the city of Mandalay in the north.

Another major opposition force is the National Unity Government (NUG) – described as Myanmar’s shadow government – in exile, which oversees a loose collection of anti-regime groups known as the People’s Defence Force (PDF).

The NUG faces challenges in gaining diplomatic recognition on the international front and its fighters are struggling to capture urban areas on the home front.

Al Jazeera spoke with NUG Acting President Duwa Lashi La about the movement’s military and political strategy in 2025 and the war’s likely end game.

Al Jazeera: Please describe the NUG’s strategy for 2025.

Duwa Lashi La: In 2025, we would like to accelerate the wave of our revolution. Although it began with very little resources, the revolution has become stronger. In 2022, we formed armed forces. In 2023, we could launch military operations. In 2025, we are seeking the end game. The people of Myanmar have suffered too much for all these years. We have to bear all these atrocities, while the world just watches on.

In 2025, we are aiming for the complete elimination of evil [regime leader] Min Aung Hlaing from our soil.

Armed revolution is a vital focus, but it’s not the only one. It’s politically important to have inclusive participation of all the armed forces. It’s also very important to have strong diplomatic cooperation with the international community and to gain more support from them.

Another important factor is good communication with the public, and good governing in our controlled areas. We’re aiming to improve in all these areas in the new year. To achieve that, we have a strategic plan.

Myanmar's National Unity Government (NUG) Acting President Duwa Lashi La [Courtesy of Duwa Lashi La]
Myanmar’s National Unity Government (NUG) Acting President Duwa Lashi La, left, inspect troops of the People’s Defence Force (PDF) [Courtesy of Duwa Lashi La]

Al Jazeera: What do you think will happen in 2025?

Duwa Lashi La: We aim to reach a tipping point in 2025, a similar situation to Syria when al-Assad fled the country.

We have to strike a final blow against the SAC.

Parts of the international community, such as the ICC [International Criminal Court], are also attempting to prosecute Min Aung Hlaing. We completely support this. It would be great if the international community could arrest him. We’ll also continue our effort to prosecute him within our country from every way possible.

However, international intervention is essential in this transitional period.

With simultaneous and collaborative attempts between the international community and resistance forces against the SAC, we believe the SAC would be destroyed at once.

It’s very important to cut off the financial flow to the SAC to achieve this goal. The military is backed by strong resources that they have acquired from decades of controlling the country. We need to stop this.

The international community should also stop purchasing from Myanma Oil and Gas Enterprise, a huge financial source for the military. Additionally, the international community should stop providing jet fuel and selling weapons to the military.

I strongly urge the international community to stop communicating with the SAC, associating with them and recognizing them.

Al Jazeera: Does the NUG consider itself a leader of the nationwide revolution?

Duwa Lashi La: The NUG is at the frontline of the revolution, as the people of Myanmar elected us to lead it.

The international community needs to recognize this mandate.

Although certain ethnic resistance organizations (EROs) don’t exactly recognize the NUG as a central government, we are performing as one. We are also in consultation with various ethnic armed groups. Some EROs see the NUG as a common, central body that they support. So, our duty is to fulfil this role. That is why we cannot lose this revolution.

Al Jazeera: Recently you called for the return of NUG ministers to Myanmar – the public welcomed this call. Have any returned yet?

Duwa Lashi La: Our policy is that the revolution should not become stuck. There must be progressive changes within our movement. This is the time for NUG ministers to live with the people on the ground, share the struggle together, and feel the good and the bad of what people experience.

That is why I have urged ministers to return to the country. As this is an important issue, we have been discussing it within the ministerial committee, exclusively comprising all ministers, for about two months now. Certain plans have been laid down by the committee regarding this issue. Some ministers in the committee pledged to come to the frontline.

Al Jazeera: When will the NUG reshuffle its ministers? And who do you have in mind to take over what roles?

Duwa Lashi La: This is classified information. However, we have been as transparent as possible about this. The NUCC [a policy advisory body, the National Unity Consultative Council] has also already announced the NUG’s reformation.

We completely agree with the reforms. We don’t intend to occupy these roles permanently. It is also important for strengthening the NUG. We are always ready to welcome more skilful and capable individuals who would like to contribute to the revolution.

We have plans to reshuffle ministers to strengthen and speed up the revolution. But, as to when and what reshuffling, I won’t disclose at present. We have agreed on doing that in early 2025. There will be some changes in early 2025.

A member of the PDF, with his back to the camera showing a massive tattoo of Aung San Suu Kyi, gets his head shaved at a KNU training camp in the jungle as other recruits watch from a bamboo hut with a roof of green tarpaulin
A 34-year-old former fitness trainer and member of the People’s Defence Force (PDF) gets a military-style haircut at a training camp in an area controlled by ethnic Karen rebels, in Karen State, Myanmar, in September 2021 [Reuters]

Al Jazeera: What are the NUG’s conditions for peace talks with the military?

Duwa Lashi La: The NUG is always open for dialogue. We never close the door on peace talks. The problem is that the SAC never wants to engage in political dialogue with us.

But we have one condition, as is outlined in our joint statement with the K3C [an ethnic armed group coalition]. If the SAC agrees to at least three of our six requirements, such as accepting civilian rule, and declaring to the world they will never interfere in the country’s politics, then we can move forward with the peace talks.

It’s important that the world’s superpowers, neighbouring countries and ASEAN countries [the Association of Southeast Asian Nations] must be included in witnessing and ensuring the military’s departure from politics. If they cannot agree on these grounds, it will be difficult for us to have peace talks with the SAC.

An honour guard of Myanmar soldiers marching. They have their weapons fitted with bayonets on their shoulders. They look serious.
A Myanmar military guard of honour marches during a ceremony to mark the 71st anniversary of Martyrs’ Day in Yangon in 2018 [File: Ye Aung Thu/AFP]

Al Jazeera: How are you trying to convince ethnic resistance organisations to back you, and why are some EROs reluctant?

Duwa Lashi La: We need to look back to history to understand that. Myanmar has often had situations where many ethnicities participated together in revolution. For example, when we rebelled against Japanese rule, it was the Kachin who started the revolution, and then the Chin also participated.

The Burmese and Buddhist groups sided with the Japanese, as they were also Buddhists. I don’t mean to discriminate against any communities here; I am just explaining the situation based on the facts.

We are seen as a Western-influenced group. But this revolution is completely different because everyone is involved in this struggle, as they should be. There are some levels of mistrust among the ethnic armed groups. For example, the KNU [Karen National Union] was alone in rebelling against military dictatorship.

Similarly, the Shan also started to rebel against the central government in 1959 and established an independent chain of command – the Kachin in 1961 and, later, the Chin. Everyone has been independently fighting against military dictatorship.

To systemize everyone under one chain of command, each having their own central body, has been the biggest challenge for the NUG. We need to work as a joint chain of command, where all chiefs of staff will have a joint commanding system.

As for now, we are working under a coordination system for joint military cooperation, and, as we have seen, it’s going successfully. But in the future federal military, we will have to establish one chain of command with the help of experts and concerned parties.

Al Jazeera: In June 2023, the NUG approved the replacement of the 1982 Citizenship Law that denies equal access to full citizenship rights for Rohingya and others in the country. Has the NUG officially repealed this law?

Duwa Lashi La: This has been under our consideration since 2021, just after the coup. We released a statement on the amendment of the unjust 1982 law. But when and how to do it depends on the legal requirements and the country’s situation.

When the situation improves, as we often say during the transitional period, when we are able to include the opinion of the grassroots level, when we get the people’s mandate, the concerned government will definitely amend that law.

It is not something we can rush. If we amend a law without deliberate consultation, it would be a weak law that would need to be amended again and again. We would not have the public’s trust in such weak laws. We must take time to create a law that the people have full faith and strong belief in.

Al Jazeera: How will you address increased Chinese backing for the military regime?

Duwa Lashi La: We are always attempting to make China understand the realities in Myanmar. Not only China – we would like our neighbouring countries, such as India and Bangladesh, to realize the real situation.

I cannot understand why they would support this brutal, heartless military that destroys its own country. China is our neighbouring country. We cannot choose our neighbour. We can’t say that we don’t like to be their neighbour and move Myanmar to an island. That’s impossible. Whether we like it or not, we always need communication with China.

Municipal workers sweep on a road near a welcoming billboard to Chinese President Xi Jinping Friday, Jan. 17, 2020, in Naypyitaw, Myanmar. China's President Xi Jinping was heading to Myanmar on Friday for a state visit likely to deepen the countries' already close bilateral relations at a critical time. (AP Photo/Aung Shine Oo)
Municipal workers sweep a road near a welcoming billboard for Chinese President Xi Jinping, in 2020, to the capital Naypyidaw, Myanmar [File: Aung Shine Oo/AP Photo]

But it’s important for our neighbours to know what the people of Myanmar want. One thing is clear: Myanmar must be in accordance with the will of the Myanmar people, as noted in the United Nations Security Council Resolution 2669. The people of Myanmar do not want a military dictatorship. Period.

To persuade them, we are communicating with China in every diplomatic way possible, through any channel possible. As we are neighbours, we ensure security and better collaboration in economics and their investments, as it’s a very economic-orientated country. We have informed them that any bilateral agreement between a democratic government of Myanmar and China would be ensured.

Al Jazeera: The military has been committing atrocities with its indiscriminate air strikes. What is the NUG’s counter to these air strikes?

Duwa Lashi La: We have always expressed our desperate need for antiaircraft weapons to counter military air strikes through various media channels. Ordinary weapons have been unable to take down the regime’s highly modernized Russian-made jet fighters.

We really need effective weapons, like antiaircraft missiles. But there are many limitations to obtaining such military weapons.

It’s possible if there’s a will – take Ukraine, for example. We are confident to take the whole military down within six months if we are provided with such weapons.

If we could ever get support like Ukraine, this struggle would end immediately.

At least 6,000 innocent people have lost their lives so far. Hundreds of thousands of civilian homes, religious buildings and schools have been destroyed, and these atrocities are mainly because of the air strikes.

Once again, I seriously urge the international community to consider the Myanmar situation and support the people’s revolution.

This interview has been edited for length and clarity.

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FBI suspects soldier behind Las Vegas Cybertruck blast suffered from PTSD | Crime News

The soldier, Matthew Livelsberger, was found dead in the wreckage of the New Year’s Day explosion outside a Trump hotel.

Authorities in the United States investigating the explosion of a Cybertruck in front of a Trump-brand hotel in Las Vegas have released new details about the motivation behind the blast.

On Friday, investigators with the Federal Bureau of Investigation (FBI) indicated that the soldier behind the explosion appeared to be suffering from post-traumatic stress disorder, or PTSD.

“Although this incident is more public and more sensational than usual, it ultimately appears to be a tragic case of suicide involving a heavily decorated combat veteran who was struggling with PTSD and other issues,” Spencer Evans, the FBI special agent in charge, explained at a news conference.

The FBI added there was no evidence the soldier, 37-year-old Matthew Livelsberger, bore animus against President-elect Donald Trump, despite the explosion’s conspicuous location and details.

Cybertrucks are manufactured by Tesla, the electric vehicle company founded by Trump supporter Elon Musk.

A coroner’s report indicates Livelsberger died of suicide shortly before the explosion. His body was found in the charred remains of the Cybertruck, and a handgun was discovered by his feet.

A partially destroyed ID belonging to Matthew Livelsberger
A charred identification badge belonging to Matthew Livelsberger was found inside the exploded Tesla Cybertruck [Las Vegas Police Department via AP Photo]

The explosion spurred widespread speculation on New Year’s Day, as the US grappled with a suspected “terrorism attack” in the city of New Orleans that killed 14 victims.

Seven people received minor injuries when the rented Cybertruck blew up in the valet circle just outside the glass doors of the Trump International Hotel in Las Vegas on the same day.

One person, later identified as Livelsberger, was also found dead at the scene. The car had been packed with fireworks and fuel canisters.

Friday’s news conference coincided with the release of excerpts of a note Livelsberger left behind, explaining his motivation for the blast.

In the note, Livelsperger – a Green Beret in the army who served in Afghanistan and other locations – described feeling the need to “cleanse my mind” of the “burden of the lives I took”.

“This was not a terrorist attack, it was a wakeup call,” Livelsperger wrote. “Americans only pay attention to spectacles and violence. What better way to get my point across than a stunt with fireworks and explosives.”

Originally from Colorado Springs, Colorado, Livelsperger had served in the military in various roles since 2006, and he had received five Bronze Stars for his achievements.

He was on an approved leave of duty when he took his life.

A Tesla Cybertruck burning outside the Trump hotel in Las Vegas
The Tesla Cybertruck exploded outside a hotel in Las Vegas partially owned by President-elect Donald Trump [Alcides Antunes via AP Photo]

The suspect in the New Orleans attack, Shamsud-Din Jabbar, was likewise a military veteran. He intentionally rammed a rented Ford pick-up truck into a New Year’s holiday crowd on Bourbon Street, before dying in a shootout with police.

No connection has been found between the two incidents, though investigators have said they are exploring every possible lead.

On Friday, a former girlfriend of Livelsperger, nurse Alicia Arritt, told The Washington Post that the Green Beret suffered from deep guilt over his experiences in combat.

She suspects his symptoms, which included a foggy memory, could have resulted from a head injury or bodily trauma.

“He wanted to get more help,” Arritt told the Post in her interview. “I think it was even harder for him, being on active duty – the shame and the stigma.”

A neighbour, Cindy Helwig, told The Associated Press she remembered Livelsperger had recently come to her for a tool to fix his SUV.

“He was a normal guy,” she said.

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ARCPOINT CLOSES SALE OF OWNERSHIP STAKE IN NON-CORE ASSET

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Greenville, South Carolina , Jan. 03, 2025 (GLOBE NEWSWIRE) — ARCpoint Inc. (TSXV: ARC) (the “Company” or “ARCpoint”) reports that it has now completed the sale of its 68% share ownership interest in Achieve Behavioral Health Greenville LLC, (“Achieve”) as originally announced December 30, 2024. In exchange for its ownership interest in Achieve, the Company received cash of US$360,000, plus the settlement of US$120,000 in amounts owing between ARCpoint and the buyers of the Achieve interest, for total consideration of US$480,000.

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The Transaction was a Non-Arm’s Length Transaction in accordance with the policies of the TSXV. The Transaction also constituted a “related party transaction” within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). Notwithstanding the foregoing, the directors of the Company determined that the Transaction was exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 in reliance on the exemptions set forth in sections 5.5(a) and 5.7(1)(b) of MI 61-101.

About ARCpoint Inc.

ARCpoint is an innovative US-based health care company that leverages technology along with brick-and-mortar locations to give businesses and individual consumers access to convenient, cost-effective healthcare information and solutions with transparent, up-front pricing, so that they can be proactive and preventative with their health and well-being.

For more information, please contact:

ARCpoint Inc.
Jason Tong, Chief Financial Officer
Phone : (604) 889-7827
E-mail : [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this Press release.


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New Orleans mourns as Bourbon Street reopens after truck-ramming attack | In Pictures News

Crowds have returned to Bourbon Street in New Orleans, as the city recovers after a deadly New Year’s Day attack that left 14 victims dead and 35 more injured.

On Friday, visitors paid their respects at a pavement memorial on Bourbon Street, close to where a suspect drove his rented pick-up truck into a late-night crowd of revellers.

Officials said the driver, 42-year-old United States military veteran Shamsud-Din Jabbar, was inspired by the armed group ISIL (ISIS). Jabbar was fatally shot in a firefight with police after crashing his truck.

A law enforcement bulletin published on Friday warned that federal agencies “are concerned about possible copycat or retaliatory attacks” in the aftermath of the car-ramming, which is being treated as an act of terrorism.

Several victims of the attack have since been identified in US media. They include Kareem Badawi, a freshman from the University of Alabama; Nikyra Dedeaux, an aspiring nurse; Reggie Hunter, a father of two; and Nicole Perez, a single mom to a four-year-old son.

By early Thursday morning, authorities had cleared the crime scene and removed the victims’ bodies. Mayor LaToya Cantrell said street cleaning started at 2am that same day and ended six hours later.

Bourbon Street reopened for business that afternoon. One of the main pedestrian thoroughfares in the historic French Quarter, Bourbon Street is renowned for its music, open-air drinking and vibrant atmosphere.

Street performers, tourists and traditional “second-line” brass bands had returned to the street by Friday, in an effort to resume normalcy.

Trombone player and lifelong New Orleans resident Jonas Green said it was important for his band to perform after the violence.

“I know with this music, it heals. It transforms the feelings that we’re going through into something better,” Green said. “Got to keep on going.”

Louisiana Governor Jeff Landry also called for the city to show its resiliency in the wake of the bloodshed and heartbreak.

“We care about each one of the lives that were lost in this city,” Landry said on Thursday. “But it would be a tragedy if we let their losses be snuffed out because of fear. This city will be back, will be open to family and friends and loved ones who want some time to relax from the pressures of life.”

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Brookfield Infrastructure to Host Fourth Quarter 2024 Results Conference Call

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BROOKFIELD, NEWS, Jan. 03, 2025 (GLOBE NEWSWIRE) — Brookfield Infrastructure Partners will hold its fourth quarter 2024 conference call and webcast on Thursday, January 30, 2025 at 9:00 a.m. (ET).

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Results will be released that morning before 7:00 a.m. (ET) and will be available on our website at https://bip.brookfield.com.

Participants can join by conference call or webcast.

Conference Call

  • Please pre-register at: BIP2024Q4ConferenceCall
  • Upon registering, you will be emailed a dial-in number and unique PIN. This process will bypass the operator and avoid the queue.

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Webcast

About Brookfield Infrastructure

Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data sectors across the Americas, Asia Pacific and Europe. We are focused on assets that have contracted and regulated revenues that generate predictable and stable cash flows. Investors can access its portfolio either through Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), a Canadian corporation. Further information is available at https://bip.brookfield.com.

Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a global alternative asset manager with over $1 trillion of assets under management. For more information, go to https://brookfield.com.

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German and French foreign ministers meet new rulers in Syria | European Union

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French Foreign Minister Jean-Noel Barrot and his German counterpart Annalena Baerbock have visited Syria’s capital, Damascus, to push for a peaceful political transition. Barrot and Baerbock are the first EU ministers to meet Syria’s new leaders and visit the notorious Sednaya prison since President Bashar al-Assad’s ouster.

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Rise of US Steel paralleled the arrival of the United States on the world stage

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President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel on Friday — something he had first vowed to do in March.

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His decision comes after the Committee on Foreign Investment in the United States, known as CFIUS, failed to reach consensus on the possible national security risks of the deal last month.

The rise of U.S. Steel, a storied American company, runs parallel to the arrival of America on the world stage. With roots dating to the late 19th century, U.S. Steel has produced the materials used for everything from the nation’s bridges and skyscrapers, to its tanks and battleships.

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Following is a brief history of the company.

The origins of a manufacturing giant

What eventually became the largest corporation in the world was created by J.P. Morgan and others who financed the merger of Andrew Carnegie’s Carnegie Steel Co. with rival Federal Steel at the start of the 20th century. It instantly became the world’s first $1 billion company. In 1907, U.S. Steel absorbed its biggest rival, drawing the ire of President Theodore Roosevelt, who said the acquisition violated the Sherman Anti-Trust Act.

The U.S. government tried to break up U.S. Steel in 1911, but failed.

U.S. Steel became a pioneer in the practice of vertical integration, a process by which a company attempts to gain control of every aspect of its business. For U.S. Steel, that meant control of coal ahd iron ore mines, coking ovens, railroads, ships and eventually, oil production.

The Great Depression and a world war

U.S. Steel modernized operations in the 1930s and began producing more steel used for a growing middle class. Manufacturers needed steel for household appliances, automobiles and vast construction projects required millions of tons of steel.

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What followed was an era of immense growth for the Pittsburgh company.

The world was at war again by midcentury and the U.S. relied on U.S. Steel to produce the basis of everything from cots to armor piercing shells and ships. The company doubled its output of raw materials, built more steel plants and by 1943, it employed a staggering 340,000 people.

By 1955, thanks in part to technical advances, the United States supplied about 40% of world demand for steel.

During the decades to come, however, steel demand began to ebb and competition grew more intense.

By the mid-1980s, the U.S. steel industry produced just about 11% of steel used globally as economic growth in developed countries slowed. By then, the United States was importing more than 25% of steel used domestically.

All the cards

U.S. Steel from its earliest days under Andrew Carnegie sought control of all of its input materials to better manage costs. In addition to the steel mills that it built, the company invested in iron ore and coal mines that fueled its blast furnaces, the ships and rail lines that transported both and eventually, a major U.S. oil producer.

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In the wake of the 1970s energy crisis, U.S. Steel extended its reach into the energy industry and acquired Marathon Oil Co. in 1982. It purchased Texas Oil & Gas Corp. in 1986. The company changed its name to USX Corp. that same year, an acknowledgement of a vastly restructured entity.

It didn’t last.

U.S. steel industry under pressure

The U.S. increased restrictions for steel imports in the 1960s and 1970s in a fight with other exporting nations, while demanding that U.S. companies modernize to reclaim a greater global market share of steel production.

The U.S. had lost much of its competitive edge by the 1970s and unit operating costs for its steel industry were about 40% higher than those of producers in Japan.

A myriad of reasons have been given for U.S. steel industry woes, included labor costs and a lack of investment by steel companies in modernizing plants.

By 2001 USX Corp. stockholders voted to adopt a reorganization plan. That included splitting the company in two, one focused on steel related businesses, again called United States Steel Corporation, and Marathon Oil Corp. The companies began operating independently in 2002.

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The U.S. steel industry, as profits faded, began to consolidate as it faced a flood of cheaper imports. U.S. Steel bought the assets of the former National Steel Corp. in 2003, which added iron ore reserves and boosted its steel making capacity. The deal moved U. S. Steel from the 11th largest steel producer in the world to the fifth at that time.

U.S. Steel becomes a takeover target

U.S. Steel, however, eventually became the target of an acquisition in an industry that continued to shrink.

In 2023, rival Cleveland-Cliffs offered to buy U.S. Steel for more than $7 billion, attempting to create what would have become one of the top 10 steelmakers in the world.

Yet U.S. Steel rejected the offer and said that it was exploring a different way forward, including several unsolicited buyout bids.

By the end of 2023, it had accepted a $14.1 billion all-cash offer from Nippon Steel. That proposed deal was quashed on Friday.

“We need major U.S. companies representing the major share of US steelmaking capacity to keep leading the fight on behalf of America’s national interests,” Biden said in a Friday statement.

U.S. Steel, now valued at around $7 billion, is still in the process of modernizing operations. It is attempting to achieve net-zero carbon emissions by 2050 and it is developing a product called verdeX sustainable steel, which contains up to 90% recycled materials.

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Panama reports sharp drop in irregular migration through Darien Gap | Migration News

The number of migrants and asylum seekers traversing the Darien Gap — the treacherous strip of jungle connecting South and North America — has fallen by nearly 41 percent in the last year.

On Thursday, Panama’s right-wing President Jose Raul Mulino announced the decline, touting it as a success for the country’s efforts to limit irregular migration.

“We have achieved a 41 percent reduction in the flow of migrants crossing the Darien jungle,” Raul Mulino told Panama’s Congress in a speech.

“We work every day to ensure that illegal migration does not reach [Panama City] or the rest of the country.”

Panama faced pressure to crack down on irregular migration in recent years, as the number of migrants and asylum seekers travelling north hit record highs.

In fiscal year 2023, the United States reported 2.48 million “encounters” with migrants and asylum seekers at its southern border with Mexico.

That was a new high-water mark for the US, and it led to a political backlash, with immigration featuring prominently in the country’s general elections in 2024.

For instance, President-elect Donald Trump — the victor in the 2024 presidential race — has pledged to pursue a “mass deportation” campaign upon taking office on January 20.

Likewise, in Panama, 2023 broke records for migrants and asylum seekers navigating the Darien Gap.

An estimated 520,085 people passed through the perilous jungle, known for its steep terrain, swift rivers and criminal networks.

But in 2024, Panama’s immigration authorities saw a steep drop in the number of people risking their lives in the jungle. Some 302,203 crossed the Darien Gap last year.

The US has similarly seen falling numbers at its southern border. In the fiscal year 2024, US Customs and Border Protection documented 2.14 million irregular “encounters” with migrants and asylum seekers, down 14 percent.

November alone saw the lowest monthly total of irregular border crossings in the four years of US President Joe Biden’s term.

But the US has attempted to clamp down on irregular migration in recent months. Last year, Biden implemented stiff measures limiting asylum access to those who cross the US-Mexico border outside official channels.

Penalties included a five-year ban from the US and possible criminal prosecution.

Biden also threatened to suspend asylum petitions altogether if the average daily number of irregular border crossings reached 2,500 per day.

Critics warned these measures could violate international and US humanitarian law, by limiting the ability of asylum seekers to urgently flee persecution.

But supporters of the new policies argued they were necessary to rein in irregular migration.

The US has also pushed its allies in South and Central America to limit irregular migration northwards.

Panama and the US, for instance, signed an agreement in July to “close the passage of illegal migrants” through the Darien Gap, with the US offering to fund deportation flights and other logistics.

Approximately 1,548 migrants and asylum seekers have since been repatriated on US-backed deportation flights from Panama.

The US also established “Safe Mobility Offices” in countries like Costa Rica, Guatemala and Colombia in an effort to dissuade would-be migrants and asylum seekers from making the dangerous trek to the border.

Mulino revealed in December that at least 55 migrants and asylum seekers had died while navigating the Darien Gap in 2024, and an estimated 180 children were abandoned.

Given the inhospitable nature of the terrain, some bodies are never reported or found.

Critics point out that efforts to stamp out irregular migration often overlook the fundamental issues that spur migrants and asylum seekers to make life-threatening trips in the first place.

This past year, for instance, an estimated 69 percent of the migrants and asylum seekers documented in the Darien Gap were from Venezuela.

There, human rights experts warn of government abuses, particularly in the wake of a contested presidential race that saw 2,000 arrested and 23 killed in post-election protests.

Venezuela has also suffered from economic turmoil that has put access to basic supplies like food and medicine out of reach for many residents. Some 7.7 million people have fled the country.

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Why Apple TV+ is offering a free weekend of binge-watching

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NEW YORK (AP) — Apple TV+ is hoping people will make a dent in the Strategic Popcorn Reserve by bingeing its streaming TV and movies for free this weekend in what experts are calling a canny promotion.

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The two-day offer this Saturday and Sunday is intended to give viewers a taste of what’s behind the Apple paywall and get them hooked, ready to fork over $9.99 a month in the U.S.

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Michael D. Smith, a professor of information technology and public policy at Carnegie Mellon University, said the two-day window is not too short to ignore and not too long to satisfy all demand.

“This is not ‘I’m going to let you binge-watch this over the course of three or four days or a week or a couple weeks and then maybe you won’t subscribe next month,”‘ he said. “This is, ‘I’m giving you two days to explore my catalog. And I’m hoping that you’re going to find something in there that maybe you’ll binge. Maybe you’ll have time to binge the first six episodes, but it’s so cool you’ve got to come back and you’re going to be willing to subscribe to come back.”‘

While entertainment companies often use promotions and discounts to lure new customers, Apple TV+’s pitch has no catches, like entering personal info or credit card numbers. All you need is an Apple ID, which is free and which many people already have from the days of 99-cent song downloads.

What can you see behind the paywall? The Emmy-winning “Ted Lasso” and “The Morning Show” and other buzzy series like “Silo,” “Shrinking,” “Severance,” “Bad Sisters,” “Slow Horses,” “Disclaimer” and “Presumed Innocent.”

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Movies include “Fly Me to the Moon,” “The Instigators,” “Spirited,” “Ghosted,” “Argylle,” Palmer,” “Napoleon” and “Killers of the Flower Moon.”

Smith suspects that by the end of the weekend, Apple will have lots of data to sharpen its approach to new customers and returning ones, like himself. Apple will learn, for example, what genres are hot, which shows attract viewers and how long people spend watching.

Smith will be logging in to watch “Ted Lasso” with his son but also wants to check out “Severance” with his daughter. Two days likely won’t be enough to watch both to the end.

“It’s kind of like a mall, right? I’ve got an anchor tenant. For me, it’s ‘Ted Lasso.’ That gets me to the mall. And once I’m at the mall, I’m going to wander around and discover some other stuff there. And they’re hoping that the two days isn’t long enough for me to shop,” he said. “My guess it’s going to pay off.”

There is some evidence that long bingeing widows don’t help streamers build customers. A 2020 study by Miguel Godinho de Matos and Pedro Ferreira for the Initiative for Digital Entertainment Analytics at Carnegie Mellon found that binge-watching over several weeks reduces the post-trial likelihood of paid subscriptions.

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Apple’s weekend deal is clearly an attempt to shake up its numbers. As of October 2024, it had an estimated 25 million subscribers, making it the eighth most popular streaming service by subscribers. Netflix, in No. 1, has 282.7 million.

“Apple TV+ never really truly took off, even though they do have a series of really high-quality TV shows,” says Bo “Bobby” Zhou, a business professor at the University of Maryland. “They are trying to offer a promotional period to let a wider viewer base sample their content in the hope that some of them will be converted.”

Other streamers are also offering deals, like Hulu’s free 30-day trial, Starz’s $2-a-month plan or Peacock’s three-month trial for Samsung Galaxy owners. If viewers miss the Apple TV+ weekend offer, the streamer already has a free 7-day trial promotion going. It has lots of other offers though Target, Best Buy, Samsung and for buyers of Apple devices, too.

Jared Newman, a technology journalist who publishes the newsletter Cord Cutter Weekly, said the promotion seems to be part of a big push by Apple to up its subscribers. The streamer recently agreed to be distributed through Amazon and there are signals it may want to experiment with an ad-supported tier.

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“They really need to get their numbers up and need to get more people on board whatever way possible,” he said. “It may be just another way to test the waters of who would access their service if they didn’t have to pay for it.”

Zhou has seen the industry change from single paid downloads to unlimited access to subscribers and anticipates a future with different tiers of subscribers — say, one free episode for non-subscribers and a full season for diehard fans. Anything to get some buzz.

“I think the battle amongst tech giants is all about content differentiation,” he said. “‘How can I capture consumers’ attention?’ Because attention is the most valuable asset of anyone.”

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Alexander-Arnold ‘fully committed’ to Liverpool amid Real Madrid interest | Football News

Liverpool manager Arne Slot says defender Trent Alexander-Arnold is not distracted by rumours of a move to Real Madrid.

Trent Alexander-Arnold is fully committed to Liverpool, his manager Arne Slot has said amid rumoured interest in the England right-back, including from European champions Real Madrid.

Alexander-Arnold’s contract with the Reds expires at the end of the season, so he is now free to sign a pre-contract agreement with another club, outside of England, if he wishes.

Madrid reportedly wants to sign him and the Spanish club was reportedly rebuffed when it made an initial inquiry about the 26-year-old in late December.

Slot was asked about the defender’s situation in a news conference before Liverpool’s match against Manchester United in the Premier League on Sunday, and he said he had had a conversation with Alexander-Arnold but would not divulge any details.

LONDON, ENGLAND - DECEMBER 29: Arne Slot, Manager of Liverpool, interacts with Trent Alexander-Arnold of Liverpool after the Premier League match between West Ham United FC and Liverpool FC at London Stadium on December 29, 2024 in London, England. (Photo by Julian Finney/Getty Images)
Arne Slot, manager of Liverpool, is all smiles with Trent Alexander-Arnold following the 5-0 win against West Ham in the club’s last match [Julian Finney/Getty Images]

Asked if Alexander-Arnold would be staying at Liverpool beyond January, Slot only said: “I can tell you he is playing on Sunday, and hopefully he brings the same performances he brought in the past half-year.

“Everybody saw how great a first half of the season he had, how much he is here, how much he wants to win here. I see him on the training ground every day … he is fully committed to us.”

Slot added that he is sure Madrid’s pursuit of Alexander-Arnold is not affecting the defender. “If it would destabilise players at Liverpool that other people talk about them, then we would really have a problem,” Slot said. “Because if you play for one of the biggest clubs in the world, everybody always, for 12 months long, will talk about you, sometimes in relation to other clubs.

“That happens so, so, so many times for our players, so if that destabilises them then we really would have had a problem, not only now but the past six months.”

Mohamed Salah and Virgil van Dijk also are out of contract at Liverpool at the end of the season, with the former saying a new deal is “far away”.

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Biden blocks Nippon Steel’s takeover of U.S. Steel

The companies have signalled that they may challenge the legal grounds of any block

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U.S. President Joe Biden has blocked the US$14.1 billion sale of United States Steel Corp. to Nippon Steel Corp., killing a high-profile deal that sparked a political firestorm and tensions between the U.S. and Japan.

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Biden announced his formal decision on Friday after the case was referred to him by a U.S. security review panel, ahead of a deadline early next week.

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“U.S. Steel will remain a proud American company — one that’s American-owned, American-operated, by American union steelworkers — the best in the world,” the president said in a statement.

Shares of U.S. Steel dropped eight per cent during early trading to US$30.00 at 8:14 a.m. in New York.

The companies have signalled that they may challenge the legal grounds of any block, raising the prospect that the matter will remain in dispute. President-elect Donald Trump has also pledged to block the transaction.

Investors had already priced in low odds that the offer of US$55 a share would proceed but Biden’s decision may cap a year-long saga, despite concessions from Nippon Steel regarding employment, investment and local leadership.

It raises difficult questions about the next steps for U.S. Steel, which may have to restart the sale process, and could struggle to find a buyer for the entire company. Cleveland-Cliffs Inc., based in neighboring Ohio, pursued U.S. Steel before Nippon Steel won the bidding, but it has since bought a Canadian producer and waffled on whether it would still want all or some of U.S. Steel.

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Nippon Steel, at the same time, will have to seek alternative sources of growth.

The deal, first announced in December 2023, became a political flashpoint during the U.S. presidential election campaign after fierce opposition arose from the influential United Steelworkers union.

In addition to jobs, Biden focused his criticism of the deal on an alleged national security risk.

“A strong domestically owned and operated steel industry represents an essential national security priority and is critical for resilient supply chains,” Biden said. “That is because steel powers our country: our infrastructure, our auto industry, and our defense industrial base. Without domestic steel production and domestic steel workers, our nation is less strong and less secure.”

The Committee on Foreign Investment in the United States, a secretive panel that scrutinizes proposals by foreign entities to purchase companies or property in the U.S., was unable to reach a decision on the deal, sending it to the White House for final word. The panel is usually critical of deals beneficial to companies based in adversaries like China, and not close allies like Japan.

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U.S. Steel has endured years of sluggish performance and warned ahead of any decision that its facilities needed billions in new investment and that failing to complete the deal could see some plants close. It has also threatened to relocate its Pittsburgh headquarters.

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Biden’s announcement was a massive victory for United Steelworkers President David McCall and his union’s leadership, who have been vocally opposed to the deal, even as some rank-and-file labor members spoke out in favour of it.

Bloomberg.com

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Israeli attacks kill dozens in Gaza with ceasefire talks set to resume | Israel-Palestine conflict News

At least 35 Palestinians have been killed in multiple Israeli attacks on Gaza, as high-level negotiators prepare to resume stalled ceasefire talks.

Israeli forces killed at least 19 people in the central Gaza Strip on Friday, medical sources told Al Jazeera.

Reporting from Deir el-Balah, central Gaza, Al Jazeera’s Tareq Abu Azzoum said Friday was shaping up to be “another bloody day”, following a 24-hour period in which at least 71 Palestinians were killed in 34 Israeli air attacks, according to Gaza’s Government Media Office.

Abu Azzoum said gunfire in Deir el-Balah suggested a “potential military advance by Israeli ground forces” in response to a Hamas attack on an Israeli tank in the area.

Israeli fighter jets destroyed buildings in the centre of the Strip, killing journalist Omar al-Diraoui in his home in az-Zawayda – the second journalist to be killed in 24 hours.

On Thursday, it was confirmed that photographer Hassan al-Qishaoui had been killed in an Israeli attack.

Following the deaths, Gaza’s Government Media Office revised its toll of journalists killed in the enclave since the beginning of the nearly 15-month war to 202.

Meanwhile, Israel pressed on with a renewed military offensive in the north of Gaza, with Abu Azzoum reporting that Israeli forces have ordered the immediate evacuation of the Indonesian Hospital in Beit Lahiya.

Israelis also woke up to an attack early on Friday morning, with the army intercepting a missile reportedly fired from Yemen, which had set off air raid sirens in Jerusalem and central Israel.

Ceasefire talks to resume

As the attacks continued, ceasefire negotiations were expected to resume on Friday.

Israeli Prime Minister Benjamin Netanyahu’s office said he had authorised a delegation from the Mossad intelligence agency, the Shin Bet internal security agency and the military to continue negotiations in Qatar.

Sami al-Arian, director of the Centre for Islam and Global Affairs at Istanbul Zaim University, said Hamas could be willing to walk back one of its key demands – the immediate withdrawal of all Israeli forces from Gaza.

“There has been a lot of pressure from the mediators – particularly the Qataris and Egyptians – to be flexible on these terms,” he told Al Jazeera.

“They have assured the resistance, Hamas and other groups, that eventually Israel will withdraw,” he said.

But Ori Goldberg, a Tel Aviv-based political analyst, told Al Jazeera he does not see any grounds for optimism that a ceasefire will be agreed on at the talks, amid a lack of significant international pressure being applied on either side.

“To the best of my knowledge, Hamas is interested in a deal but not excessively, because its recruitment rates are rising the longer Israel continues its genocide in Gaza,” he said.

“Certainly, the Israeli public is interested in a deal. [But] the Israeli government? Not so much – the war serves its interests,” he said.

Key mediators Qatar, Egypt and the United States have been attempting to secure a lasting deal in indirect talks for months.

The toll from the first three days of 2025 takes the number of deaths in Gaza to nearly 46,000 since Israel began its war on the enclave on October 7, 2023, following Hamas-led attacks.

The war has caused widespread destruction and displaced some 90 percent of Gaza’s population of 2.3 million, many of them multiple times.

Hamas-led forces killed some 1,200 people in Israel in attacks on October 7, 2023 and took about 250 captives.

About 100 captives are still in Gaza, although at least a third of them are believed to be dead.

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Hollywood’s Sequel-Led Comeback Projected to Extend Into 2025

It was the year that sequels saved Hollywood.

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(Bloomberg) — It was the year that sequels saved Hollywood.

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Of the 10 highest-grossing films released domestically in 2024, all were in some way tied to previous movies, from Moana 2 to Despicable Me 4 to Beetlejuice Beetlejuice.

US and Canadian theaters finished 2024 with ticket sales down 3.3% to $8.75 billion, according to estimates from analyst Paul Dergarabedian at market researcher Comscore Inc. That’s a big improvement from where the industry closed the first half, when a string of duds and a release schedule crimped by the prior year’s strikes cut box-office receipts by 28%. 

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The tide began to turn in June after Walt Disney Co. released Inside Out 2, the sequel to the 2015 animated hit that became the year’s biggest picture. Next year’s lineup is a mix of retreads and original films that’s forecast to lift domestic ticket sales to $9.7 billion, the highest since the global pandemic, according to an estimate from Gower Street Analytics.

“The 2025 release calendar has everything,” Rob Mitchell, director of theatrical insights at Gower Street, said in an email. “There is huge potential for global breakouts even beyond our current projections.”

The domestic box office in 2025 should be buoyed by original pictures from marquee directors, such as Sinners from Ryan Coogler, Bong Joon-ho’s Mickey 17, Joseph Kosinski’s F1 and Antoine Fuqua’s Michael.  

There will also be new installments of well-known franchises, the titles of which seem to suggest a lot’s at stake for their studios and producers: Captain America: Brave New World; Mission: Impossible — The Final Reckoning; Jurassic World Rebirth; The Conjuring: Last Rites; Avatar: Fire and Ash; and The Passion of the Christ: Resurrection.

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Overall, at least 110 movies should get wide releases in 2025, up from 94 last year, according to figures from Comscore and the National Association of Theatre Owners.

The slate “offers a balanced array of original and franchise content that more closely resembles a pre-pandemic film mix, which we believe will attract a diverse audience of moviegoers,” Sean Gamble, chief executive officer of the Cinemark Holdings Inc. cinema chain, said in an email. 

Disney’s Comeback

After a slow couple of years, Disney came back to lead the box office in 2024 with successful sequels such as Marvel’s Deadpool & Wolverine, Kingdom of the Planet of the Apes and Mufasa: The Lion King.

Comcast Corp.’s Universal Pictures finished second thanks to Wicked, a prequel to The Wizard of Oz, Kung Fu Panda 4 and a surprise original movie, The Wild Robot, an animated adventure about robot on an island inhabited by animals.

Paramount Global’s top films of 2024 took place in familiar worlds: Gladiator II, A Quiet Place: Day One and Sonic the Hedgehog 3. Sony Group Corp.’s It Ends With Us, adapted from the 2016 bestselling book of the same title, was a rarity among top films that hadn’t already hit the big screen in some fashion.

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All of that stands in sharp contrast to 2023, when two fresh ideas, Warner Bros. Discovery Inc.’s Barbie and Universal’s Oppenheimer, were among the industry’s biggest and most-talked-about films. 

Which is not to say franchise-focused pictures are a sure thing: Sony’s Madame Web and Kraven the Hunter, both Spider-Man spinoffs, failed in theaters, as did Warner Bros.’ Joker: Folie à Deux and Furiosa: A Mad Max Saga.  

Even if the domestic box office reaches Gower Street’s estimate of $9.7 billion this year, it will be 18% shy of the $11.9 billion record set in 2018. The number of tickets sold in the US and Canada is also down by roughly half over the past two decades, from 1.58 billion in 2002 to 805 million in 2024. 

Still, the performance of Nosferatu, a remake of a 1922 silent vampire film inspired by Bram Stoker’s Dracula, shows audiences will show up for fresh takes on popular stories. 

Nosferatu, released by Universal subsidiary Focus Features on Dec. 25, posted more than $40 million in ticket sales in its first five days, blowing past Box Office Pro’s estimate of up to $30 million. Stephanie Silverman, who runs the Belcourt Theatre in Nashville, said several Nosferatu screenings have sold out.

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One killed, four injured as barrage of Russian drones hits Ukraine’s Kyiv | Russia-Ukraine war News

Ukraine says its air defences shot down 60 out of 93 Russian drones as Moscow escalates its aerial attacks.

One person has been killed and four others were injured when Russian drones targeted the Ukrainian capital of Kyiv, military and civilian officials said, as Russia launched barrages across the country.

The Ukrainian Air Force said its air defences shot down 60 out of 93 Russian drones launched at Ukraine since the early hours of Friday.

Moscow’s forces have escalated aerial attacks across Ukraine in recent days, including a New Year’s Day drone attack targeting central Kyiv that killed two people.

In the latest barrage, a truck driver was killed by drone debris, according to Mykola Kalashnyk, acting governor for the Kyiv region.

He said the debris also damaged several houses, injuring four people, including a 16-year-old boy.

The Ukrainian Air Force said that 26 other drones were “lost”, in reference to Ukraine’s use of electronic warfare to redirect Russian drones.

In all, Russian drones targeted nine regions across the country including Kyiv, officials said.

Residential houses and commercial buildings were also damaged in the Donetsk region in the east and the Chernihiv region in the north, the military added.

On Thursday, the Ukrainian military said it had carried out a high-precision strike on a Russian command post in Maryino, in the Kursk region of Russia, where Ukrainian forces still hold territory after a major incursion in August.

The Russian military said air defence units had downed four Ukrainian missiles in the region, and the regional governor said the attacks damaged a high-rise apartment block and other buildings in an adjacent village.

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Non-alcoholic drinks aren’t just for the sober, as more Canadians cut back

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Whether it’s for a celebration, a gathering or an evening to unwind, Canadians increasingly favour non-alcoholic options over beer, wine and spirits.

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But while much of the narrativehas focused on sober consumers, it’s also being driven by those who still consume alcohol.

“It’s definitely been a shift,” said Dan La Cute, founder of the Hamilton-based Free Bar, an online store with a curated selection of non-alcoholic drinks.

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Over the last two years, he said, he has seen more health-conscious consumers who still want to have a ritual but don’t necessarily want to indulge.

“Previously, they would grab a beer or pour a glass of wine after a long day’s hard work, but now they’re potentially reaching for a non-alcoholic drink because they either don’t want the calories or they don’t want the hangover,” he said.

A 2024 report by marketing agency NIQ highlights that 75 per cent of non-alcoholic beverage consumers in Canada also purchase alcohol products — not necessarily replacing alcohol but integrating it into a more balanced lifestyle.

The report also shows non-alcoholic beverages appeal to mostly younger and middle-aged consumers, with a strong focus on health and wellness.

That’s in line with longer-term trends suggesting millennials and generation Z drink less than previous generations. A 2023 Statistics Canada survey found two-thirds of Canadians aged 18 to 22 reported not drinking any alcohol beverages in the previous seven days, compared with between 51 per cent and 57 per cent in all other age groups.

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When La Cute launched Free Bar in 2022, curating non-alcoholic drinks from vendors across the world, his customer base was small. They were mostly people who were conscious about health, lifestyle or recovery, he said.

Then, his customer base grew broader, partly fuelled by new information about alcohol consumption.

In January 2023, the Canadian Centre on Substance Use and Addiction issued updated guidelines on alcohol use saying that anything over two standard drinks a week raises the likelihood of health consequences, including cancer. Health Canada funded the research that resulted in the updated guidelines, but has not endorsed them.

Andrea Grant, founder of sparkling beverage company Barbet, has noticed a similar shift in her customer base over the last three years as more consumers looked for non-alcoholic options.

“It’s less so about this segmentation and the separation and it’s just more so about the freedom of choice,” she said.

Grant said when she and her sister created Barbet, they were focused on making the drink more versatile — mixable with non-alcohol and alcohol drinks instead of being only an alcohol replacement.

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“I think that people are just looking to expand how they approach social experiences,” she said “With that has come an assessment of people’s consumption of alcohol.”

Robert Carter, managing partner at the StratonHunter Group, said non-alcoholic drinks continue to increase in popularity and are “becoming a more important revenue stream for not only restaurants but the beverage category overall.”

Ontario’s biggest alcohol seller, LCBO, said sales of no-alcohol drinks saw growth of 73 per cent over the last year and 189 per cent growth since 2022.

Carter said the volume of alcohol consumption has been declining consistently while non-alcoholic drinks are seeing an “exact inverse” with double-digit growth in consumption of mocktails and non-alcoholic beverages.

The rising popularity of non-alcoholic drinks has also created room for more innovation, Carter added.

La Cute said there is already a larger variety of products available for Free Bar to curate from, compared with a few years ago when he first launched the business.

“There are so many more products that are available in the Canadian market, at least that we now have much better options,” he said. In addition, Free Bar launched its own brand of non-alcoholic beer in partnership with Toronto-based brewery Rainhard.

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Competition is picking up with corner stores offering non-alcoholic drinks and mocktails. But even as more grocers and local liquor stores carry non-alcoholic options, La Cute said it hasn’t affected his business.

“It is a bit of a rising tide for all boats and we have a very different consumer than somebody who’s going to the grocery store and picking up a 12-pack Budweiser versus somebody that may be looking for that craft experience,” he said.

Barbet, meanwhile, faces competition from both the non-alcoholic sector as well as the sparkling drinks category, Grant said.

“Whatever channel we take — whether we are taking it as a non-alcohol option or as a sparkling water option, the card’s stacked up against the success of the beverage business,” she said.

But she sees lots of potential for growth in the non-alcoholic industry — especially as online-only sellers move to storefronts and bottle shops, making their drinks more accessible.

“It’s such a young industry that it hasn’t really even found its footing yet,” she said. “There’s just an incredible amount of opportunities for beverage brands to launch right now.”

This report by The Canadian Press was first published Jan. 3, 2025.

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Frexit: Why Ivory Coast is joining African campaign to expel French troops | Military News

French military troops who have been in Ivory Coast for decades will soon be leaving, Ivorian officials have said, signalling more diplomatic setbacks for France amid local resentment that has caused one-time allies in West and Central Africa to sever ties with Paris.

President Alassane Ouattara’s announcement on Tuesday puts Ivory Coast on a growing list of African countries cutting military ties with the once greatly influential former colonial power, as some former French allies also turn to Russian mercenaries for help fighting a swarm of armed groups in the region.

Within days of each other in November, Chad and Senegal expelled French troops, joining several Sahel countries that had earlier done the same, starting in 2021.

The wave of pushback has forced France to devise a new military strategy for the continent that officials say will be in line with the “needs” of partner countries. Temporary deployments, rather than permanent military presence, and more focus on training local forces, are some features of the new policy.

Here’s what to know about why Ivory Coast has joined the list and how France’s influence in the region is waning:

French troops in Ivory Coast
French President Emmanuel Macron celebrates his 42nd birthday with French soldiers at the Port-Bouet military camp near Abidjan, Ivory Coast, on December 21, 2019 [ Ludovic Marin/AFP]

Why is Ivory Coast expelling French troops?

In his 2024 end-of-year address to the country on December 31, President Ouattara said the Ivorian government had decided to expel French troops because the Ivorian army is “now effective”. The president did not give any other reasons.

“We can be proud of our army, whose modernisation is now effective. It is within this context that we have decided on the concerted and organised withdrawal of French forces,” Ouattara said.

The 43rd Marine Infantry Battalion (BIMA), a French army base located in Port-Bouet in the economic capital, Abidjan, will be “handed over” to the Ivorian military starting from January 2025, he added. French soldiers have been helping the Ivorian army in the fight against armed groups operating in the Sahel and expanding into countries along the Gulf of Guinea, including Ivory Coast and Ghana. France also operated as part of a United Nations peacekeeping mission during the country’s long civil war from 2002 to 2011.

Ouattara’s announcement on Tuesday was unexpected. The president is seen by many as one of the African leaders most close to France. In a country in which anger against France is growing, that perception has bred deep resentment of the government. In August, French President Emmanuel Macron feted Ouattara in a private dinner at the Elysee.

Analysts say Ouattara’s decision to cut military ties could also be political, as Ivorians gear up for general elections slated for October. Ouattara, who has been in power since 2010, has not yet said whether he will seek a fourth term in the polls. His decision to run for president in 2020 following the sudden death of his successor and prime minister, Amadou Gon Coulibaly, provoked widespread outrage in opposition camps.

A Nigerien supporter holds a t-shirt reading 'France Must Go'
Protesters in Niamey holds a t-shirt reading ‘France Must Go’ as they demand the departure of the French army from Niger in September 2023 [AFP]

Why is France facing general pushback in Francophone Africa?

France has faced unprecedented, bitter criticism from citizens in its former colonies in West and Central Africa in recent years. From Mali to Ivory Coast, thousands of people have taken to the streets in mass protests, demanding that their governments cut ties with Paris for good.

Some of the resentment dates back to historical controversies linked to colonialism. The French direct rule during colonisation was perceived to have weakened traditional institutions, culture, and leadership while forcing European officials and customs on locals. French officials ruling the colonies were perceived as particularly harsh, both in their administration and attempts to increase France’s economic footholds.

After countries won their independence in the 1960s, Paris built a strong web of connections with African leaders and elites, termed “Francafrique” to protect France’s vast economic interests and to keep French troops on the ground. More than 200 French companies operate on the continent, including oil and gas giant Total, and Orano, which mines uranium to power France’s nuclear power plants. French troops too have operated across the region, providing training and assisting local militaries.

However, in the last five years, military-led governments in the Sahel region have pushed back at the perceived weakness of the French army. Despite the presence of thousands of French soldiers, armed group activity continued to turn the area into a hotspot of violence as groups like Jama’at Nusrat al-Islam wal-Muslimin (JNIM) wage war on security forces and officials across Mali, Burkina Faso, and Niger. Increasingly, armed groups have made incursions into the coastal Ivory Coast, Ghana, and Benin.

Ivory Coast
Ivorian soldiers, left, hold their national flag next to French troops of the ‘Licorne’ (Unicorn) Operation and UN peacekeepers, right, at the Presidential Palace in Abidjan during celebrations marking the 54th anniversary of Ivory Coast’s independence on August 7, 2014 [File: Issouf Sanogo/AFP]

Which countries have expelled French troops and why?

By January 2025, six African countries – Mali, Burkina Faso, Niger, Chad, Senegal, and Ivory Coast – had cut military ties with France.

Mali: In August 2020, a group of soldiers from the Malian Armed Forces mutinied and seized power from the civilian government in Bamako, citing its inability to stop increasing levels of violence. After France denounced the coup, the military government played up populist narratives and blamed France for interfering in the country’s decision-making. Hundreds took to the streets, praising the military and calling for France to leave. The coup kicked off a series of takeovers in Burkina Faso, Niger, Guinea and Gabon.

In June 2021, Macron announced French forces would leave the Sahel in a phased-out manner. By December 2023, the exit was complete. Mali has since strengthened ties with Russia, and Russian mercenaries are currently operating in the region. Conflict has continued – more than 5,000 people died across the Sahel in the first half of 2024, and millions remain displaced, according to conflict tracker, ACLED.

Burkina Faso: The current military government seized power in January 2022 on the back of resentment against a civilian government seen as powerless against armed groups, and the French government believed to be backing it. In February 2023, the military government ordered French troops to leave Burkinabe soil within a month. Some 300 Russian troops were thought to have arrived in the country in January 2024.

Niger: As civilian governments fell in neighbouring countries, the military there too staged a coup in July 2023, overthrowing and detaining President Mohamed Bazoum. Many Nigeriens marched in favour of the military and called for French troops stationed in Niamey to leave. In December 2023, the military government expelled French soldiers.

Senegal: In November 2024, President Bassirou Diomaye Faye said that France “should” shut down its military bases from 2025 because French military presence was not in line with Senegal’s sovereignty. The declaration came as Senegal marked 80 years after a colonial-era massacre that saw French troops kill tens of West African soldiers angry at their treatment after fighting for Paris in World War II. There are 350 French troops stationed in the country.

Chad: Officials, also in November, announced that Chad was ending a military pact with France in place since the 1960s. The country was a key link in France’s military presence in Africa and its last foothold in the wider Sahel region. Foreign Minister Abderaman Koulamallah called France “an essential partner” but said it “must now also consider that Chad has grown up, matured and is a sovereign state that is very jealous of its sovereignty”. There are 1,000 French troops stationed in the country.

Does France still have any military presence in Africa?

Yes, France maintains a large military base in Djibouti, eastern Africa. The country, also a former colony of France, hosts close to 1,500 French troops and is one of France’s largest overseas military contingents.

In West and Central Africa, France continues to retain a small presence in Gabon where it has about 300 troops. Gabon’s army seized power in a coup in August 2023, ending five years of the Bongo family’s rule.

However, unlike other military-led countries in the region, Paris has maintained ties with Gabon’s military government, likely because of the resentment the ruling family drew, some analysts say.

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Euro falls to its lowest level in two years against the dollar

The euro declined further against the US dollar to a fresh low in over two years amid concerns about the Eurozone’s economy, Trump’s tariffs, and monetary policy discrepancy between the ECB and the Fed.

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The euro declined 0.9% against the US dollar, reaching mid-1.02, its lowest level since 21 November 2022 on Thursday.

The common currency extended weakness against its counterpart at the start of the new year due to concerns about the Eurozone’s economic outlook, political instability, and a monetary policy discrepancy between the European Central Bank (ECB) and the Federal Reserve (Fed).

The EUR/USD pair has fallen sharply from the 2024 peak of above 1.12 in September, marking a 9% decline over three months.

The US dollar’s strength, bolstered by Donald Trump’s presidential victory, has exacerbated the euro’s weakness since November. 

Parity in sight

Analysts expect the euro-dollar pair to reach parity in 2025, a level last seen in 2022 when Russia launched a full-scale military operation in Ukraine. 

Adding to the Eurozone’s woes, Ukraine stopped Russian gas transit to Europe following the expiration of a five-year contract on Wednesday.

This development has forced many European countries to rely on costlier heating alternatives during a harsh winter.

Natural gas futures surged to a two-year high of more than $4 per million British thermal units (MMBtu) earlier this week, before retreating to $3.66 MMBtu during Friday’s Asian session.

Weak economic data further underscores the challenges. S&P Global’s final December manufacturing PMI for France and Germany showed continued contraction in the sector.

France reported its sharpest decline in manufacturing activity since May 2020, while Germany’s manufacturing output hit a three-month low.

In December, France’s central bank revised its economic growth forecast for 2025 down to 0.9%, from the previously projection of 1.2%.

Both France and Germany are grappling with political instability, as ruling party coalitions collapse amid surging far-right power. 

Globally, the Eurozone faces mounting risks under Trump’s presidency. The US president-elect has pledged to impose higher tariffs on imports from China, Canada, and Mexico.

While no explicit announcements have been made, European automakers are particularly vulnerable to potential tariff hikes. 

The dominance of the Dollar

The US dollar has been soaring amid a hawkish shift in the Fed’s monetary policy and Trump’s presidency. The dollar index surged to above 109 on Thursday, the highest since November 2022. 

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The Fed initiated the easing cycle with a jumbo 50 basis point rate cut in September. However, the bank shifted to a much more hawkish stance following resilient jobs data and improvement in other economic data.

In December, the Fed cut the interest rate by 25 basis points as expected. However, the bank signalled a much more hawkish stance on its easing cycle in 2025.

The Fed’s dot plot, a chart that projects the future path of interest rates, indicated a half-percentage point rate cut in 2025, compared to a full percentage cut projected in September. 

In contrast, the ECB is likely to accelerate its rate-cutting cycle in 2025. The ECB reduced its policy rate by a full percentage point in 2024, and analysts expect another percentage-point cut next year as the Eurozone continues to face economic and political headwinds.

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These include persistent political instability, a slowing Chinese economy, and the implications of Trump’s presidency, all of which contribute to a bleak economic outlook for the region.

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Yuan’s Rally Versus Peers Suggests China’s Defense Can Backfire

China’s ironclad grip on the onshore yuan is leading to an unintended side effect that would hinder its push to reinvigorate the economy — exporters’ weakened competitiveness.

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(Bloomberg) — China’s ironclad grip on the onshore yuan is leading to an unintended side effect that would hinder its push to reinvigorate the economy — exporters’ weakened competitiveness. 

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In a potential pitfall for exporters, the yuan has surged to the strongest level since October 2022 versus a basket of trading partners’ exchange rates, including the won and euro, according to a Bloomberg tracker of the CFETS Index. The outperformance came as the People’s Bank of China put a floor under the onshore yuan at 7.3 per dollar since December amid a rebound in the greenback.

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China’s active currency defense bodes well for the nation’s assets and beleaguered currencies in Asia, but more challenges for exporters — already facing US President-elect Donald Trump’s tariff-hike threats — could lead to tepid earnings that may stymie a meaningful recovery. Adopting a rigid FX strategy by drawing a red line is also controversial, as artificial stability in the market may lead to outbursts of volatility in the future.

“One of the ways monetary policy easing works is through a weaker exchange rate,” said Alvin T. Tan, head of FX strategy at the Royal Bank of Canada in Singapore. “So if the exchange rate is rising instead, it means less effective monetary policy easing, which complicates China’s efforts to improve its economic outlook.”

The PBOC’s steady fixing has helped in pushing down the onshore yuan’s two-week historic volatility to about 0.6% this week, the lowest since July. But that may mask troubles ahead. 

“There will be a spike in volatility once the level breaks,” said Mingze Wu, currency trader at StoneX Financial Pte Ltd.

The yuan remains under depreciation pressure given uncertainties in the Federal Reserve’s interest rate path, Trump’s tariff policy and lingering risks from the Chinese economy, he added. 

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A tumble in the Asian nation’s benchmark yield, which just slid below 1.6% for the first time on record, also led to a wide rate discount to the US. That has also contributed to pressure on the yuan as it undermines the appeal of Chinese assets.

In supporting the yuan, the PBOC has turned to the so-called fixing — which confines the currency’s trading onshore to a 2% range on either side — at 7.1878 per dollar on Friday. That was 1,324 pips stronger than forecast in a Bloomberg survey, the largest difference since July. State banks also have sold dollars occasionally to prevent the yuan’s decline past the level of 7.3.

The calm in China’s foreign exchange market and the authorities’ resolve to maintain the currency red line will soon face tests after Trump returns later this month and works on his vow to raise tariffs on Chinese goods to 60%. 

The market’s reading so far is less than sanguine. Chinese stocks posted their worst start to a year in nearly a decade while government bonds rallied. Meanwhile, the dollar remains strong, with its index ending 2024 with six straight days of gains.   

The PBOC might loosen grip over the fixing if the dollar keeps rallying or if there is more clarity on Trump’s trade policy plans, Tan said. “I do think the economy weakness should nudge the PBOC to allow for more FX depreciation.”

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