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NEW YORK (AP) — Yankees slugger Aaron Judge wins his second AL MVP award after leading MLB with 58 home runs.After finishing two wins shy of the 2024 World Series, the New York Mets are expected to be one of baseball's most active teams this winter. President of baseball operations David Stearns is busy courting outfielder Juan Soto , but first baseman Pete Alonso and starting pitcher Corbin Burnes fit perfectly on New York's roster. While Soto would be a huge offensive upgrade, he doesn't play a position that's currently a glaring need for the Mets. There's a big hole at first base with Alonso hitting the open market. The rotation also needs help since Sean Manaea, Jose Quintana and Luis Severino are free agents. Regardless of whether the Mets can sign Soto to what could be a record-breaking deal, Stearns needs to address those other areas. Bleacher Report's Tim Kelly thinks Burnes and Alonso are "the perfect fit" for New York. The 30-year-old ace has been linked to the Mets since free agency opened. Stearns and Burnes crossed paths for several years with the Milwaukee Brewers, so there's a sense of familiarity. The right-hander has started at least 28 games each year since 2021 and has posted a 2.94 ERA with 858 strikeouts in his last 757 innings. Pairing him at the top of the Mets' rotation with Kodai Senga would give manager Carlos Mendoza a solid one-two punch. The Athletic's Tim Britton projects Burnes will sign a seven-year, $217 million deal. New York is quite familiar with Alonso, who has been smashing baseballs for the club since 2019. He's slugged 226 homers since his Rookie of the Year campaign, which already ranks third in franchise history . The right-handed slugger has never finished a full season with fewer than 34 homers or 88 RBI. That's vital production for any lineup to depend on. It could be tricky committing nine figures to a first baseman heading into his age-30 season, but it's a risk the Mets can easily afford to do. Britton projects a five-year, $140 million deal for the Polar Bear. More MLB: Yankees' Juan Soto Predicted to Sign $611 Million Mega Deal With Crosstown Rival
To lure Juan Soto, Mets created a video of his statue outside Citi Field next to Tom Seaver's
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Walmart’s mega “Black Friday Deals” sale is coming to a close, but there’s still time to score major savings on those holiday gifts online now. The Walmart “Black Friday Deals” sale will end early on Sunday, Dec. 1 , giving you a few more hours to snag markdowns up to 70% off in some of the best deals of the year from Walmart. This includes big discounts on those hot-ticket electronic devices , essential kitchen appliances , stylish fashion and top toys . Walmart rolled out this big “Black Friday Deals” sale on Nov. 11, splitting the event into two sales that were featured online and in stores. It also gave exclusive online access to Walmart+ members five hours before the general public for a first chance at the best deals. As the second of Walmart’s “Black Friday Deals” sale , this holiday shopping event kicked off on Nov. 25 and will come to a close just before Walmart rolls out online-only deals for Cyber Monday on Dec. 1 at 8 p.m. ET with exclusive online access for Walmart+ members at 8 p.m. ET. The Cyber Monday deals will run until midnight ET on Dec. 2. But before this Cyber Monday sale arrives, you can shop the mega discounts Walmart is still offering now on TVs , wireless headphones , smartwatches , vacuums , cookware , grills and griddles , gaming consoles and more. Shop Walmart’s Black Friday sale To help you find the best deals, here’s a roundup of some of our favorites that you can still grab from Walmart’s “Black Friday Deals” sale before it ends today. Shop for more markdowns during Walmart’s Black Friday sale here. The Best Cyber Monday & Leftover Black Friday Deals Our journalism needs your support. Please subscribe today to NJ.com . Dawn Magyar can be reached at dmagyar@njadvancemedia.com . Have a tip? Tell us at nj.com/tips/ .
My partner won’t listen when I tell him I don’t like it when he shoves a hand up my skirtTo be a goalkeeper, it has often been claimed that you have to be absolutely bonkers. However, no matter how much football evolves and progresses in the years to come, the player between the sticks will always remain one of the most vital components of any successful team. For a side like Manchester United , which has spent various eras as the most dominant outfit both domestically and in Europe, top-class goalkeepers have always been a must-have. Whether it was Sir Alex Ferguson or Sir Matt Busby in the dugout, the Red Devils have historically either recruited exceptionally well in goal - or disastrously poorly. Looking at you, Massimo Taibi. With that in mind, GIVEMESPORT has decided to rank the ten best Manchester United goalkeepers in history, considering their personal and collective achievements as well as their record between the sticks at the Theatre of Dreams. Wayne Rooney and Sir Bobby Charlton both feature in the top three - but who is the best Man Utd striker ever? Top 10 Manchester United Goalkeepers [Ranked] 1. Peter Schmeichel 2. Edwin Van Der Sar 3. David de Gea 4. Alex Stepney 5. Harry Gregg 6. Gary Bailey 7. Harry Moger 8. Sergio Romero 9. Reg Allen 10. Andre Onana 10 Andre Onana United's current first choice squeezes his way into the top 10 above the likes of Fabien Barthez, which, after his first season, most would never have imagined. Andre Onana made a horrible start to his Old Trafford tenure, making a number of high-profile mistakes. However, slowly but surely, the Cameroonian settled and was forced to make numerous saves per game due to the number of chances his teammates were giving up. Now in his second season, Onana looks every bit like the goalkeeper Erik ten Hag originally bought in 2023 to the surprise of many . He appears more comfortable in possession and has become far more reliable with his shot-stopping. If he can continue this form and add some longevity, there's every chance the former Inter Milan man can continue to climb up the rankings and turn into an unlikely success. Onana silenced his critics to keep United ahead in Turkey 9 Reg Allen Casting your minds back long before the Red Devils were spending ludicrous amounts of money for players that weren’t worth it, United set a world record by signing a goalkeeper from QPR for £11,000, a groundbreaking fee at the time. Reg Allen, widely regarded as one of the best goalkeepers in England, brought immense skill and presence to the team. Although his two-year stint at United didn’t bring major silverware, he was a key figure in the first team and a popular player among fans. His brief tenure limits his legacy, and while his talent is unquestionable, it places him no higher than eighth in the rankings of the club’s greatest goalkeepers. 8 Sergio Romero For a back-up goalkeeper to make the list, they would have to be an incredible number two. Enter Sergio Romero, who was exactly that. Despite limited opportunities due to David de Gea’s dominance, the Argentine showcased remarkable consistency and professionalism whenever he took the field. His exceptional performances, especially during cup competitions, earned him admiration from fans and teammates alike. Signed on a free transfer under Louis van Gaal, he departed with an impressive 73% win ratio in a United shirt. Had he not been at the club during De Gea’s peak years, Sergio Romero might be regarded even more highly for his contributions and reliability as a trusted deputy. 7 Harry Moger Harry Moger may not be as renowned as some of Manchester United’s other goalkeeping legends, but his contributions during a pivotal era should not be overlooked. Between 1903 and 1912, he played a crucial role in the club’s development, making 264 appearances and becoming a dependable presence between the posts. Moger’s efforts were instrumental in United’s success, helping secure Football League titles in 1907-08 and 1910-11, as well as the FA Cup triumph in 1909. His legacy is firmly tied to the foundation of the club’s early achievements. In fact, an FA Cup winner's medal belonging to the shotstopper once sold for £25,000 at auction . 6 Gary Bailey Following Alex Stepney's departure from Old Trafford, concerns arose about finding a suitable replacement for his exceptional talent. Enter Gary Bailey, who became a crucial figure in the team’s success during the late 1970s and early 1980s. He played a significant role in United’s achievements, notably helping the club secure FA Cup victories in 1983 and 1985 prior to Sir Alex Ferguson's arrival at the football club. Known for his reliability and skill, Bailey quickly won the admiration of fans and established himself as a key player. His contributions to the club during this transitional period between dominant eras left a lasting legacy in the hearts of supporters. 5 Harry Gregg Harry Gregg is famously known as 'The Hero of Munich,' a title he earned not for his prowess on the pitch but for his remarkable bravery off it. Following the tragic Munich air disaster, he risked his own life to rescue several of his teammates from the burning wreckage, including the legendary Sir Bobby Charlton. Beyond this heroic moment, Gregg established himself as the first great goalkeeper unearthed by Sir Matt Busby. He was a no-nonsense shotstopper who provided essential support for the youthful Busby Babes during their formative years. Widely regarded as one of the finest goalkeepers of his generation, he was even voted the best goalkeeper at the 1958 World Cup, an impressive accolade that placed him ahead of the iconic Lev Yashin. Unfortunately, Gregg departed for Stoke City just a year before what could have been his greatest night in 1968. But what could’ve been is not enough to prevent him from deserving a place inside the top five. 4 Alex Stepney Alex Stepney was a truly remarkable goalkeeper for Manchester United, serving the club with distinction from 1966 to 1978. His 539 appearances across all competitions cemented his place as one of United’s greatest ever players. A key figure in a golden era for the club, Stepney played an instrumental role in winning the First Division title in the 1966-67 season and was a cornerstone of the team that achieved United’s first European Cup triumph in 1968. In the final against Benfica, Stepney delivered one of his most iconic moments by making an incredible save to deny legendary forward Eusebio. Instead of being disheartened by the miss, the Ballon d'Or winner would simply stand and applaud the goalkeeper in a true example of admiration and sportsmanship. Such moments defined Stepney’s career, making him a legend in the eyes of United fans and football history alike. 3 David de Gea Since Manchester United began awarding their in-house Player of the Year accolade, only two players have claimed the honour four times: Cristiano Ronaldo and David de Gea . For the Spanish goalkeeper, this achievement came during a challenging period for the club, as United's fortunes declined. Yet, De Gea’s brilliance often kept the team afloat, with performances that solidified his reputation as the best goalkeeper in the world at the time. De Gea delivered some of the greatest goalkeeping displays in Premier League history, using his cat-like reflexes to make seemingly impossible saves. His breathtaking stops became a hallmark of his game, earning widespread admiration. After more than a decade of service, he departed Old Trafford on a free transfer but found rejuvenation in Italy , continuing to prove his doubters wrong. If De Gea had played in a more successful United era, he might have been a contender for the top spot on this list. Another player Manchester United were wrong to get rid of? He's been superb during the opening weeks of the 2024-25 season. 2 Edwin van der Sar The road to Manchester was a long one for Edwin van der Sar , as he was a goalkeeper Sir Alex first had in mind to replace the number one on our list way back in 1999. However, it wasn't until six years later that the giant Dutchman finally completed a move to Old Trafford. Already well into his thirties, fans would've been right to be skeptical of the former Juventus man's arrival, as he had already taken a step down the ladder to join Fulham. However, they needn't have worried, as van der Sar proved to be an inspired addition. For more than half a decade, he was part of an incredible defence and helped the Red Devils win almost every accolade possible before retiring in 2011. GIVEMESPORT Key Statistic: Edwin van der Sar holds the record for the longest period of time without conceding a goal in Premier League history (1,113 minutes). 1 Peter Schmeichel The £500,000 paid to bring Peter Schmeichel to Old Trafford turned out to be an absolute bargain , and the man himself turned out to be one of the very best in the business. The Great Dane was a phenomenal force for Manchester United, with his legacy defined by the sheer volume of silverware he helped secure. Over eight unforgettable years at Old Trafford, he was instrumental in United’s dominance both at home and on the European stage. His achievements include five Premier League titles, three FA Cups, and the crowning glory of the Champions League triumph in 1999, completing an historic treble. Known for his commanding presence and exceptional ability, the legendary number one has rightfully earned his place at the top of our list. It’s hard to imagine anyone ever surpassing him. The 20 greatest goalkeepers in Premier League history have been ranked by GIVEMESPORT.AI and Real-Time Analytics Can Solve Urban Traffic Congestion, Says Info-Tech Research Group in New Resource
'KC cemetery man" implements new way of preservation to 19th century cemeteryInfo-Tech Research Group's new blueprint highlights the critical role of integrating advanced, scalable, and secure technologies with effective policymaking to address traffic congestion in urban centers. This strategic resource aims to enhance traffic flow, improve road safety, and meet the needs of diverse road users. By leveraging innovative solutions outlined in the firm's blueprint, IT leaders in the transportation sector can achieve sustainable and efficient urban mobility. TORONTO, Dec. 11, 2024 /PRNewswire/ - Urban centers worldwide are facing mounting challenges from traffic congestion, with rising traffic volumes putting immense pressure on infrastructure and disrupting urban mobility. As cities seek innovative solutions to these pressing issues, Info-Tech Research Group has published its research findings and advisory in the global firm's new blueprint, Evaluate Congestion Charging Technologies for Innovative Traffic Management . This resource equips CIOs and IT leaders with the insights and strategies needed to implement advanced, scalable, and secure congestion charging systems. By providing a forward-thinking framework for addressing urban traffic management, the blueprint from the firm will help enhance efficiency, promote sustainability, and drive transformative change in today's rapidly evolving urban landscapes. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. Get the latest need-to-know information delivered to your inbox as it happens. Our flagship newsletter. Get our front page stories each morning as well as the latest updates each afternoon during the week + more in-depth weekend editions on Saturdays & Sundays.
Aerospace company chooses Colorado over Utah for expansionMikaela Shiffrin suffers abrasion on hip during crash on final run of World Cup giant slalomCalgary, Alberta–(Newsfile Corp. – December 3, 2024) – Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) (“Baytex”) is pleased to announce its 2025 budget. “Our 2025 budget demonstrates the strength of our oil-weighted portfolio as we target continued strong performance in the Eagle Ford, further progression of the Pembina Duvernay and capital efficient heavy oil development. We are focused on disciplined capital allocation to prioritize free cash flow while maintaining a strong balance sheet. In the current commodity price environment this means moderating our growth profile and delivering stable crude oil production,” commented Eric T. Greager, President and Chief Executive Officer. 2025 Budget The Board of Directors has approved a budget for 2025 exploration and development expenditures of $1.2 to $1.3 billion, which is designed to generate average annual production of 150,000 to 154,000 boe/d. Our 2025 budget is based on a US$65/bbl WTI price and generates stable production compared to 2024. Our operated production represents approximately 85% of total corporate volumes, and is forecast to increase 1% in 2025 compared to 2024. Our production profile for 2025 will reflect a reduction in non-operated Eagle Ford volumes due to reduced activity in late 2024 and early 2025. The 2025 capital program is expected to be 60% weighted to the first half of the year. We plan to direct 55% to 60% of our exploration and development expenditures to our Eagle Ford light oil assets in the United States and 40% to 45% to our Canadian assets. In Canada, our capital program is expected to be equally split between light oil and heavy oil. In the Eagle Ford, we expect to bring 54 net wells onstream, including 41 net operated wells. In our Canadian light oil business unit, we expect to bring onstream nine net wells in the Pembina Duvernay and 90 net wells in the Viking. In our heavy oil business unit, we expect to bring onstream 112 net wells, including 33 net Clearwater wells at Peavine. On our operated Eagle Ford acreage, we are shifting to a level-loaded pace of development in order to drive further efficiencies in our business. We intend to run a consistent two rig and one frac crew program for most of the year and are targeting a 7% improvement in operated drilling and completion costs per completed lateral foot compared to 2024. Based on the mid-point of our production guidance of 152,000 boe/d, approximately 56% of our production is in the Eagle Ford with the remaining 44% in Canada. Our production mix is forecast to be 85% liquids (44% light oil and condensate, 28% heavy oil and 13% natural gas liquids) and 15% natural gas, based on a 6:1 natural gas-to-oil equivalency. Based on our production profile and timing of capital expenditures, the majority of our free cash flow is expected to be generated in the second half of the year. We intend to allocate approximately 50% of free cash flow to share buybacks and our base dividend and 50% of free cash flow to further strengthen the balance sheet. 2025 Guidance The following table summarizes our 2025 annual guidance. We expect to exit 2024 producing 152,000 to 153,000 boe/d. For 2025, given the timing of wells to sales in our non-operated Eagle Ford asset, we anticipate production in the first quarter of 147,000 to 149,000 boe/d, with volumes increasing in the following quarters. Our operating and transportation expense guidance is largely unchanged from 2024, after adjusting for a strengthening U.S. dollar relative to the Canadian dollar. Our 2025 guidance is based on an exchange rate of 1.40 CAD/USD. A strengthening U.S. dollar relative to the Canadian dollar positively impacts our free cash flow, while also impacting our cost structure. On an annual basis, a $0.05 CAD/USD change in the foreign exchange rate impacts our operating expense by $0.21/boe, transportation expense by $0.04/boe, exploration and development expenditures by $30 million and total debt (3) by $70 million. 2025 Exploration and Development Expenditures and Wells On-Stream (1) Specified financial measure that does not have any standardized meaning prescribed by International Financial Reporting Standards (“IFRS”) and may not be comparable with the calculation of similar measures presented by other entities. Refer to the Specified Financial Measures section in this press release for further information. (2) Supplementary financial measure calculated as operating, transportation, general and administrative or cash interest expense divided by barrels of oil equivalent production volume for the applicable period. (3) Calculated in accordance with our amended credit facilities agreement which is available on SEDAR+ at www.sedarplus.ca . (4) Reflects the mid-point of the exploration and development expenditures guidance range. (5) United States exploration and development expenditures of US$520 million. Based on a Canadian-U.S. exchange rate of 1.40 CAD/USD. 2025 Breakdown of Exploration and Development Expenditures Risk Management We employ a disciplined commodity hedging program to reduce the impact of sustained low commodity prices on our revenues. For the first half of 2025, we have entered into hedges on approximately 45% of our net crude oil exposure utilizing two way collars with an average floor price of US$60/bbl and an average ceiling price of US$88/bbl. For the second half of 2025, we have entered into hedges on approximately 42% of our net crude oil exposure utilizing two way collars with an average floor price of US$60/bbl and an average ceiling price of US$80/bbl. Five-Year Outlook We have updated our five-year outlook (2024 to 2028) to reflect 2024 year-to-date operating and financial results and our plan to prioritize free cash flow and moderate our growth profile. This plan delivers stable production and continued strong shareholder returns at a mid-cycle WTI price of US$75/bbl. With moderated growth, we anticipate annual exploration and development expenditures are maintained at $1.2 to $1.3 billion over the plan period and expect to generate cumulative free cash flow (2)(3) of $3.1 billion with total return of capital (2) , including dividends and share repurchases, of approximately $1.7 billion. We anticipate hitting our total debt (4) target of $1.5 billion in early 2028. Should WTI trade above or below mid-cycle prices for an extended period, we have flexibility to adjust our capital spending and production profile to maximize long-term value for our business. To illustrate our sensitivity to changes in WTI, based on a constant US$65/bbl and US$85/bbl WTI price, over the five-year outlook, we expect to generate free cash flow (1)(2) of $1.5 billion and $4.5 billion, respectively. (1) Reflects the mid-point of the exploration and development expenditures guidance range. (2) Specified financial measure that does not have any standardized meaning prescribed by IFRS and may not be comparable with the calculation of similar measures presented by other entities. Refer to the Specified Financial Measures section in this press release for further information. (3) Five-year outlook pricing assumptions: WCS differential – US$13/bbl; NYMEX Gas – US$3.25/MMbtu; Exchange Rate (CAD/USD) – 1.40. (4) Calculated in accordance with the amended credit facilities agreement which is available on SEDAR+ at www.sedarplus.ca . Advisory Regarding Forward-Looking Statements In the interest of providing Baytex’s shareholders and potential investors with information regarding Baytex, including management’s assessment of Baytex’s future plans and operations, certain statements in this press release are “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation (collectively, “forward-looking statements”). In some cases, forward-looking statements can be identified by terminology such as “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “forecast”, “intend”, “may”, “objective”, “ongoing”, “outlook”, “potential”, “project”, “plan”, “should”, “target”, “would”, “will” or similar words suggesting future outcomes, events or performance. The forward-looking statements contained in this press release speak only as of the date thereof and are expressly qualified by this cautionary statement. Specifically, this press release contains forward-looking statements relating to but not limited to: that in 2025 we are targeting strong Eagle Ford performance, progression of Pembina Duvernay and capital efficient heavy oil development; our capital allocation to prioritize free cash flow and maintain a strong balance sheet; our expectations for a moderated growth profile and stable crude oil production; our drilling plans for 2025 and the anticipated locations and the timing thereof; our target for improved drilling and completion costs; the composition of our forecasted 2025 production; expected timing of free cash flow during the year and our plans regarding the allocation of free cash flow to share buybacks, base dividend and balance sheet; our 2025 guidance, including exploration and development expenditures (including by operating area and classification), production, average royalty rate, expenses (operating, transportation, general and administrative, interest and current income taxes), leasing expenditures and asset retirement obligations; for 2024 our expected exit rate production; our expected production rate for Q1 2025; the expected impact of the Cad/US dollar exchange rate on our operating expenditures, exploration and development expenditures and total debt; the percentage of our net crude exposure that is hedged for 2025; expectations regarding our five-year outlook, including forecasted production, free cash flow, anticipated shareholder returns, and the sensitivity of the free cash flow over the outlook period to changes in WTI price; our commitments and goals in respect of our five-year outlook; and other similar statements. These forward-looking statements are based on certain key assumptions regarding, among other things: petroleum and natural gas prices and differentials between light, medium and heavy oil prices; well production rates and reserve volumes; our ability to add production and reserves through our exploration and development activities; exploration and development expenditure levels; our ability to borrow under our credit agreements; the receipt, in a timely manner, of regulatory and other required approvals for our operating activities; the availability and cost of labour and other industry services; interest and foreign exchange rates; the continuance of existing and, in certain circumstances, proposed tax and royalty regimes; our ability to develop our crude oil and natural gas properties in the manner currently contemplated; availability of skilled labour; timing and amount of capital expenditures; our future costs of operations are as anticipated; the timing of drilling and completion of wells is as anticipated; that we will have sufficient cash flow, debt or equity sources or other financial resources required to fund our capital and operating expenditures and requirements as needed; that our conduct and results of operations will be consistent with our expectations; that we will have sufficient financial resources in the future to allocate to shareholder returns; current industry conditions, laws and regulations continuing in effect (or, where changes are proposed, such changes being adopted as anticipated); the assumptions set forth in this press release; and other matters. Readers are cautioned that such assumptions, although considered reasonable by Baytex at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. Such factors include, but are not limited to: the volatility of oil and natural gas prices and price differentials; restrictions or costs imposed by climate change initiatives and the physical risks of climate change; risks associated with our ability to develop our properties and add reserves; the impact of an energy transition on demand for petroleum productions; changes in income tax or other laws or government incentive programs; availability and cost of gathering, processing and pipeline systems; retaining or replacing our leadership and key personnel; the availability and cost of capital or borrowing; risks associated with a third-party operating our Eagle Ford properties; risks associated with large projects; costs to develop and operate our properties; public perception and its influence on the regulatory regime; current or future control, legislation or regulations; new regulations on hydraulic fracturing; restrictions on or access to water or other fluids; regulations regarding the disposal of fluids; risks associated with our hedging activities; variations in interest rates and foreign exchange rates; uncertainties associated with estimating oil and natural gas reserves; our inability to fully insure against all risks; additional risks associated with our thermal heavy oil projects; our ability to compete with other organizations in the oil and gas industry; risks associated with our use of information technology systems; results of litigation; that our credit facilities may not provide sufficient liquidity or may not be renewed; failure to comply with the covenants in our debt agreements; risks of counterparty default; the impact of Indigenous claims; risks associated with expansion into new activities; risks associated with the ownership of our securities, including changes in market-based factors; risks for United States and other non-resident shareholders, including the ability to enforce civil remedies, differing practices for reporting reserves and production, additional taxation applicable to non-residents and foreign exchange risk; risk that we may not achieve our guidance and five-year outlook due to various factors; risk that our anticipated drilling plans may change; risk that we may not have sufficient financial resources in the future to allocate to forecasted shareholder returns; risk that our actual results of operations is different from that set forth herein; and other factors, many of which are beyond our control. These and additional risk factors are discussed in our Annual Information Form, Annual Report on Form 40-F and Management’s Discussion and Analysis for the year ended December 31, 2023, filed with Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission and in our other public filings. The future acquisition by Baytex of its shares pursuant to a share buyback program, if any, and the level thereof is uncertain. Any decision to acquire shares of Baytex will be subject to the discretion of the Baytex Board of Directors and may depend on a variety of factors, including, without limitation, Baytex’s business performance, financial condition, financial requirements, growth plans, expected capital requirements and other conditions existing at such future time including, without limitation, contractual restrictions, satisfaction of the solvency tests imposed on Baytex under applicable corporate law and receipt of regulatory approvals. There can be no assurance that Baytex will buyback any shares in the future. The above summary of assumptions and risks related to forward-looking statements has been provided in order to provide shareholders and potential investors with a more complete perspective on Baytex’s current and future operations and such information may not be appropriate for other purposes. There is no representation by Baytex that actual results achieved will be the same in whole or in part as those referenced in the forward-looking statements and Baytex does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law. This press release contains information, including in respect of our 2025 budget, five-year outlook and 2025 guidance, that may be considered a financial outlook under applicable securities laws about Baytex, which are subject to numerous assumptions, risk factors, limitations and qualifications, including those set forth herein. The actual results will vary from the amounts set forth in this press release and such variations may be material. This information has been provided for illustration only and with respect to future periods are based on budgets and forecasts that are speculative and are subject to a variety of contingencies. The financial outlook contained in this press release was made as of the date of this press release and was included in order to provide readers with a more complete perspective on Baytex’s future operations and may not be appropriate for other purposes. Accordingly, these estimates are not to be relied upon as indicative of future results. Except as required by applicable securities laws, Baytex undertakes no obligation to update such financial outlook. Readers are cautioned that the financial outlook contained in this press release is not conclusive and is subject to change. Dividend Advisory Future dividends, if any, and the level thereof is uncertain. Any decision to pay dividends on the common shares (including the actual amount, the declaration date, the record date and the payment date) will be subject to the discretion of the Board of Directors of Baytex and may depend on a variety of factors, including, without limitation, Baytex’s business performance, financial condition, financial requirements, growth plans, expected capital requirements and other conditions existing at such future time including, without limitation, contractual restrictions and satisfaction of the solvency tests imposed on Baytex under applicable corporate law. There can be no assurance that we will pay dividends in the future. All amounts in this press release are stated in Canadian dollars unless otherwise specified. Specified Financial Measures In this press release, we refer to certain specified financial measures (such as free cash flow, average royalty rate, total sales, net of blending and other expense, and return of capital) which do not have any standardized meaning prescribed by IFRS. While these measures are commonly used in the oil and natural gas industry, our determination of these measures may not be comparable with calculations of similar measures presented by other reporting issuers. There are no significant differences in the calculations between historical and forward-looking specified financial measures. Non-GAAP Financial Measures and Ratios Free cash flow in this press release may refer to a forward-looking non-GAAP measure that is calculated consistently with the measures disclosed in the Company’s Management’s Discussion & Analysis (“MD&A”). Cumulative free cash flow is calculated consistently with free cash flow and sums together the forecasted free cash flow during the five-year outlook period (2024-2028). The most directly comparable financial measure for free cash flow disclosed in the Company’s primary financial statements is cash flows from operating activities. For the three and nine months ended September 30, 2024, cash flows from operating activities was $550.0 million and $1.4 billion, respectively, and free cash flow was $220.2 million and $400.7 million, respectively. For information on the composition of free cash flow and how the Company uses this measure, refer to the “Specified Financial Measures” section of the MD&A for the period ended September 30, 2024, which section is incorporated herein by reference, and available on the SEDAR+ website at www.sedarplus.ca . Average royalty rate is calculated as royalties divided by total sales, net of blending and other expense which is a non-GAAP measure. Total sales, net of blending and other expense may refer to a forward-looking non-GAAP measure that is calculated consistently with the measures disclosed in the Company’s MD&A. The most directly comparable financial measure for total sales, net of blending and other expense disclosed in the Company’s primary financial statements is petroleum and natural gas sales. For the three and nine months ended September 30, 2024, petroleum and natural gas sales was $1.1 billion and $3.2 billion, respectively, and total sales, net of blending and other expense was $1.0 billion and $3.0 billion respectively. For information on the composition of total sales, net of blending and other expense and average royalty rate and how the Company uses these measures, refer to the “Specified Financial Measures” section of the MD&A for the period ended September 30, 2024, which section is incorporated herein by reference, and available on the SEDAR+ website at www.sedarplus.ca . Return of capital is comprised of dividends declared and repurchase of common shares and is used to measure the amount of capital returned to shareholders during a given period. Cumulative return of capital is calculated consistently with return of capital and sums together the forecasted free cash flow during the five-year outlook period (2024-2028). Return of capital in this press release may refer to a forward-looking non-GAAP measure and is calculated consistently with the historical return of capital. Historical return of capital for the three and nine months ended September 30, 2024 and 2023 is calculated below. Advisory Regarding Oil and Gas Information Where applicable, oil equivalent amounts have been calculated using a conversion rate of six thousand cubic feet of natural gas to one barrel of oil. The use of boe amounts may be misleading, particularly if used in isolation. A boe conversion ratio of six thousand cubic feet of natural gas to one barrel of oil is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. This press release contains certain oil and gas metrics, including capital efficiencies, which do not have standardized meanings or standard methods of calculation and therefore such measures may not be comparable to similar measures used by other companies and should not be used to make comparisons. Such metrics have been included herein to provide readers with additional measures to evaluate Baytex’s performance; however, such measures are not reliable indicators of the future performance and future performance may not compare to the performance in previous periods and therefore such metrics should not be unduly relied upon. This press release contains certain oil and gas metrics, including capital efficiencies, which do not have standardized meanings or standard methods of calculation and therefore such measures may not be comparable to similar measures used by other companies and should not be used to make comparisons. Such metrics have been included herein to provide readers with additional measures to evaluate Baytex’s performance; however, such measures are not reliable indicators of the future performance and future performance may not compare to the performance in previous periods and therefore such metrics should not be unduly relied upon. Baytex Energy Corp. Baytex Energy Corp. is an energy company with headquarters based in Calgary, Alberta and offices in Houston, Texas. The company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Baytex’s common shares trade on the Toronto Stock Exchange and the New York Stock Exchange under the symbol BTE. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/232323 #distro
NEW YORK — The man charged with killing UnitedHealthcare CEO Brian Thompson was not a client of the medical insurer and may have targeted it because of its size and influence, a senior police official said Thursday. NYPD Chief of Detectives Joseph Kenny told NBC New York in an interview Thursday that investigators have uncovered evidence that Luigi Mangione had prior knowledge UnitedHealthcare was holding its annual investor conference in New York City. Mangione also mentioned the company in a note found in his possession when he was detained by police in Pennsylvania. "We have no indication that he was ever a client of United Healthcare, but he does make mention that it is the fifth largest corporation in America, which would make it the largest healthcare organization in America. So that's possibly why he targeted that company," Kenny said. UnitedHealthcare is in the top 20 largest U.S. companies by market capitalization but is not the fifth largest. It is the largest U.S. health insurer. Mangione remains jailed without bail in Pennsylvania, where he was arrested Monday after being spotted at a McDonald's in the city of Altoona, about 230 miles west of New York City. His lawyer there, Thomas Dickey, said Mangione intends to plead not guilty. Dickey also said he had yet to see evidence decisively linking his client to the crime. Mangione's arrest came five days after the caught-on-camera killing of Thompson outside a Manhattan hotel. Luigi Mangione, a 26-year-old Ivy League graduate, was arrested on December 9, 2024, after a six-day manhunt and charged with the murder of UnitedHealthcare CEO Brian Thompson. His arrest has sparked a viral social media movement, with many hailing him as a symbol of resistance against systemic healthcare failures. The #FreeLuigi movement gained significant traction, with his social media profiles amassing over 100,000 new followers before being suspended. Despite this, the movement continues to trend, highlighting public discontent with the U.S. healthcare system. Some social media users argue that Mangione's radicalization stemmed from the struggles faced by millions in obtaining necessary healthcare, and not from his university education. Mangione’s arrest at a McDonald's in Altoona led to the seizure of a "ghost gun," a suppressor, fake IDs, and a manifesto criticizing the healthcare system. While the manifesto seems to admit guilt, some users question Mangione's responsibility, pointing out discrepancies in surveillance photos. The fascination with Mangione has only intensified, with discussions about his attractiveness and comparisons to characters in Ryan Murphy's productions. The phenomenon is reminiscent of society's long-standing obsession with infamous criminals, blurring lines between horror and hero worship. Former FBI agent Rob D’Amico noted that Mangione is seen by some as a "Robin Hood" figure fighting against corporate greed, which complicates the investigation. Police say the shooter waited outside the hotel, where the health insurer was holding its investor conference, early Dec. 4. He approached Thompson from behind and shot him before fleeing on a bicycle through Central Park. Mangione is fighting attempts to extradite him back to New York so that he can face a murder charge in Thompson's killing. A hearing was scheduled for Dec. 30. The 26-year-old, who police say was found with a " ghost gun " matching shell casings found at the site of the shooting, is charged in Pennsylvania with possession of an unlicensed firearm, forgery and providing false identification to police. Luigi Mangione was arrested Monday in Altoona, Pennsylvania, in connection with the killing of UnitedHealthcare CEO Brian Thompson in what law enforcement has called a "targeted attack." Mangione is from a prominent Maryland family with extensive business interests. The Mangione family is known for developing real estate and running businesses. Relatives expressed shock over the arrest and offered condolences to Thompson’s family. Mangione faces multiple charges, including murder, firearm possession, and forgery, in New York and Pennsylvania. Mangione is an Ivy League graduate from a prominent Maryland real estate family. In posts on social media, Mangione wrote about experiencing severe chronic back pain before undergoing a spinal fusion surgery in 2023. Afterward, he posted that the operation was a success and that his pain improved and mobility returned. He urged others to consider the same type of surgery. On Wednesday, police said investigators are looking at his writings about his health problems and his criticism of corporate America and the U.S. health care system. Kenny said in the NBC interview that Mangione's family reported him missing to San Francisco authorities in November. Get the latest in local public safety news with this weekly email.UAE airlines keep link to Israel
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( MENAFN - PR Newswire) BEIJING, Dec. 12, 2024 /PRNewswire/ -- The closely watched Central Economic Work conference was held in Beijing from Wednesday to Thursday as Chinese leaders decided priorities for the economic work in 2025. Xi Jinping, general secretary of the Communist Party of China Central Committee, Chinese president and chairman of the Central Military Commission, delivered an important speech at the annual conference. According to the meeting, despite the "complex and severe situation of growing external pressures and increasing internal difficulties," China has ensured the overall stability and steady progress of the economy, and the major goals and tasks for economic and social development in 2024 are expected to be accomplished. It stressed that China must adopt more proactive macro policies, expand domestic demand, and promote the integrated development of scientific and technological innovation and industrial innovation to do a good job in economic work in 2025. Efforts must also be made to secure the steady development of the real estate and stock markets, guard against and defuse risks and external shocks in key areas, and stabilize expectations and stimulate vitality so as to promote sustained economic recovery, said the meeting. From fiscal policy to monetary policy According to the meeting, China will also adopt a "more proactive" fiscal policy, including an increase in the ratio of deficit and in the issuance of ultra-long special treasury bonds and local government special-purpose bonds. China's government debt-to-GDP ratio, according to the Ministry of Finance, stood at 67.5 percent at the end of 2023, much lower than the average 118.2 percent among G20 members and 123.4 percent for G7 countries estimated by the International Monetary Fund (IMF). China's fiscal deficit has long been below 3 percent, significantly lower than other major economies. With a low government leverage ratio, China's central budget has room for increased borrowing and deficit expansion, Minister of Finance Lan Fo'an said in October. The Central Economic Work Conference said China will adopt a "moderately loose" monetary policy and lower the reserve requirement ratio and interest rates when necessary to ensure adequate liquidity. It marks the first "prudent" to "moderately loose" transition in the country's monetary stance since 2011. Since the beginning of 2024, the People's Bank of China, the central bank, has cut the reserve requirement ratio twice, by 1 percentage point in total, for financial institutions, releasing approximately 2 trillion yuan (about $274.8 billion) in long-term liquidity. From domestic demand to opening up The Central Economic Work Conference listed priorities for economic work in 2025 in nine aspects, from stimulating consumption and developing new quality productive forces to preventing and addressing risks in key areas, consolidating poverty alleviation achievements and boosting green development. The meeting stressed the need to vigorously boost consumption, improve investment efficiency and expand domestic demand on all fronts. China remains one of the largest markets in the world. From January to October this year, China's total retail sales of consumer goods approached 40 trillion yuan, while last year's total exceeded 47 trillion yuan, according to the National Bureau of Statistics. A national program aimed at promoting consumer goods trade-ins, unveiled in March, has demonstrated the untapped room of China's domestic demand. Over 30 million participants have been attracted to the program, contributing total sales of over 400 billion yuan. The two-day meeting also called for more efforts to further promote high-level opening up and secure the steady growth of foreign trade and foreign investment. "China's development is open and inclusive," said Xi while meeting leaders of major international economic organizations, including the IMF, in Beijing on Tuesday, one day before the start of the annual conference. China will put in place new systems for a higher-standard open economy, provide more opportunities for the development of other countries and share more development benefits with the world, Xi told the leaders at the Great Hall of the People. Starting December 1, China has granted zero-tariff treatment for 100 percent of tariff lines to all least developed countries with which it has diplomatic relations. That will help more products from these countries enter the Chinese market, sharing opportunities and boosting development, said Lyu Daliang, an official from China's General Administration of Customs. For more information, please click: SOURCE CGTN MENAFN12122024003732001241ID1108988690 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.BISMARCK, N.D. (AP) — North Dakota regulators approved permits Thursday for underground storage of carbon dioxide delivered through a sprawling pipeline proposed for the Midwest, marking another victory for the project that has drawn fierce opposition from landowners. The state’s governor-led, three-member Industrial Commission voted unanimously to approve the permits for Summit Carbon Solutions’ three proposed storage sites in central North Dakota. It’s unclear when construction of the storage sites would begin but it’s expected that resistant landowners in that area will file lawsuits seeking to block the storage plans. Summit’s proposed 2,500-mile (4,023-kilometer), $8 billion pipeline would transport planet-warming CO2 emissions from 57 ethanol plants in North Dakota, South Dakota, Iowa, Minnesota and Nebraska for underground storage in central North Dakota. The company has permits for its route in Iowa and North Dakota but can’t yet begin construction. Also on Thursday, Minnesota utility regulators approved a permit for a 28-mile (45-kilometer) leg of the project in western Minnesota. Summit also recently applied in South Dakota, where regulators denied the company’s previous application last year. Summit still faces several lawsuits related to the project, including a state Supreme Court appeal in North Dakota over a property rights law related to the underground storage plan. Approval from the governor-led, three-member Industrial Commission is another victory for Summit Carbon Solutions' controversial project, though further court challenges are likely. Last month, the company gained approval for its North Dakota route , and Iowa regulators also have given conditional approval. North Dakota Republican Gov. Doug Burgum chairs the Industrial Commission, which includes the state attorney general and agriculture commissioner and oversees a variety of energy topics and state-owned enterprises. Burgum is President-elect Donald Trump's choice for Interior Secretary and to lead a new National Energy Council. Burgum supports Summit's project and has frequently touted North Dakota's underground carbon dioxide storage as a “geologic jackpot.” In 2021, he set a goal for the No. 3 oil-producing state to be carbon-neutral by 2030. His term ends Saturday. Summit applied for permits for three storage facilities, which would hold a combined, estimated maximum of 352 million metric tons of CO2 over 20 years. The pipeline would carry up to 18 million metric tons of CO2 per year to be injected about 1 mile (1.6 kilometers) underground, according to an application fact sheet. Summit's documents detail a well site layout encompassing a pump/meter building, gas detection stations, inlet valves and emergency shutoff valve. Carbon dioxide would move through the pipeline in a pressurized form to be injected deep underground into a rock formation. Jessie Stolark, who leads a group that includes Summit and supports the project, said the oil industry has long used similar technology. “We know that this can be done safely in a manner that is protective of human health and underground sources of drinking water,” said Stolark, executive director of the Carbon Capture Coalition. Summit's project has drawn the ire of landowners around the region. They oppose the potential taking of their property for the pipeline and fear a pipe rupture releasing a cloud of heavy, hazardous gas over the land. A North Dakota landowners group is challenging a property rights law related to the underground storage, and attorney Derrick Braaten said they likely would challenge the granting of permits for the storage plans. “The landowners that I'm working with aren't necessarily opposed to carbon sequestration itself,” Braaten said. “They're opposed to the idea that a private company can come in and use their property without having to negotiate with them or pay them just compensation for taking their private property and using it.” Carbon capture projects such as Summit's are eligible for lucrative federal tax credits intended to encourage cleaner-burning ethanol and potentially result in corn-based ethanol being refined into jet fuel. Some opponents argue the amount of greenhouse gases sequestered through the process would make little difference and could lead farmers to grow more corn despite environmental concerns about the crop. In Minnesota, regulators granted a route permit that would connect an ethanol plant in Fergus Falls to Summit’s broader network. They attached several conditions, including requirements that Summit begin construction in North Dakota before it starts in Minnesota. An administrative law judge who conducted hearings concluded in November that the environmental impacts from the Minnesota segment would be minimal and noted that Summit has secured agreements from landowners along most of the recommended route. Environmental groups that oppose the project disputed the judge’s finding that the project would have a net benefit for the environment. In addition to North Dakota, Summit has a permit from Iowa for its route, but regulators for that state required the company to obtain approvals for routes in the Dakotas and underground storage in North Dakota before it can begin construction. The Iowa Utilities Commission's approval sparked lawsuits related to the project. Last year, South Dakota regulators rejected Summit's application. The company submitted another permit application last month. In Nebraska, where there is no state regulatory process for CO2 pipelines, Summit is working with individual counties to advance its project. At least one county has denied a permit. Karnowski reported from Minneapolis.These were the most popular podcast episodes of 2024, according to Apple PodcastsNo. 24 Illinois stuns Rutgers on Bryant’s 40-yard TD reception with 4 seconds left
BISMARCK, N.D. (AP) — North Dakota regulators approved permits Thursday for underground storage of carbon dioxide delivered through a massive pipeline proposed for the Midwest, marking another victory for a project that has drawn fierce opposition from landowners. The governor-led Industrial Commission voted unanimously to approve permits for Summit Carbon Solutions’ three proposed storage sites in central North Dakota. Summit says construction of the project would begin in 2026 with operations beginning in 2027, but it’s expected that resistant landowners will file lawsuits seeking to block the storage plans. “With these permits, we’re one step closer to providing vital infrastructure that benefits farmers, ethanol producers, and communities across the Midwest," Summit Executive VP Wade Boeshans said in a statement. Summit’s proposed 2,500-mile (4,023-kilometer), $8 billion pipeline would transport planet-warming CO2 emissions from 57 ethanol plants in North Dakota, South Dakota, Iowa, Minnesota and Nebraska for underground storage. Carbon dioxide would move through the pipeline in a pressurized form to be injected deep underground into a rock formation. The company has permits for its route in North Dakota and Iowa but can’t yet begin construction. Also on Thursday, Minnesota regulators approved a permit for a 28-mile (45-kilometer) leg of the project in western Minnesota. Summit also recently applied in South Dakota, where regulators denied the company’s previous application last year. Last month, the company gained approval for its North Dakota route , and Iowa regulators also have given conditional approval. Summit faces several lawsuits related to the project, including a North Dakota Supreme Court appeal over a property rights law related to the underground storage plan. Further court challenges are likely. North Dakota Republican Gov. Doug Burgum, who chairs the Industrial Commission, is President-elect Donald Trump's choice for Interior Secretary and to lead a new National Energy Council. Burgum has frequently touted North Dakota's underground carbon dioxide storage as a “geologic jackpot.” In 2021, he set a goal for the No. 3 oil-producing state to be carbon-neutral by 2030. His term ends Saturday. Summit's storage facilities would hold an estimated maximum of 352 million metric tons of CO2 over 20 years. The pipeline would carry up to 18 million metric tons of CO2 per year to be injected about 1 mile (1.6 kilometers) underground, according to an application fact sheet. Jessie Stolark, who leads a group that supports the project and includes Summit, said the oil industry has long used similar technology. “We know that this can be done safely in a manner that is protective of human health and underground sources of drinking water,” said Stolark, executive director of the Carbon Capture Coalition. Summit's project has drawn the ire of landowners around the region. They oppose the potential taking of their property for the pipeline and fear a pipeline rupture releasing a cloud of heavy, hazardous gas over the land. A North Dakota landowners group is challenging a property rights law related to the underground storage, and attorney Derrick Braaten said they likely would challenge the granting of permits. “The landowners that I'm working with aren't necessarily opposed to carbon sequestration itself,” Braaten said. “They're opposed to the idea that a private company can come in and use their property without having to negotiate with them or pay them just compensation for taking their private property and using it.” Carbon capture projects such as Summit's are eligible for lucrative federal tax credits intended to encourage cleaner-burning ethanol and potentially result in corn-based ethanol being refined into jet fuel. Some opponents argue the amount of greenhouse gases sequestered through the process would make little difference and could lead farmers to grow more corn despite environmental concerns about the crop. In Minnesota, regulators granted a route permit that would connect an ethanol plant in Fergus Falls to Summit’s broader network. They attached several conditions, including requirements that Summit first begin construction in North Dakota. An administrative law judge who conducted hearings concluded in November that the environmental impacts from the Minnesota segment would be minimal and noted that Summit has secured agreements from landowners along most of the recommended route. Environmental groups that oppose the project disputed the judge’s finding that the project would have a net benefit for the environment. Iowa regulators required Summit to obtain approvals for routes in the Dakotas and underground storage in North Dakota before it can begin construction in Iowa. The Iowa Utilities Commission's approval sparked lawsuits related to the project. In Nebraska, where there is no state regulatory process for CO2 pipelines, Summit is working with individual counties to advance its project. At least one county has denied a permit. Karnowski reported from Minneapolis.
WASHINGTON—The White House on Dec. 12 sought to allay concerns over recent mysterious drone sightings in New Jersey, stating that they do not pose a threat to U.S. national security. “We have no evidence at this time that the reported drone sightings pose a national security, or a public safety threat, or have a foreign nexus,” White House national security spokesman John Kirby said during a press briefing. So far, no reported visual sighting has been corroborated, Kirby added. “To the contrary, upon review of available imagery, it appears that many of the reported sightings are actually manned aircraft that are being operated lawfully,” he said. Dozens of mysterious drones were first reported on Nov. 13 in Morris and Hunterdon counties, raising concern among residents and officials. Sightings have spread to more than a dozen areas, including Monmouth, Ocean, and Camden counties. Kirby said that the Department of Homeland Security and the FBI are still investigating the sightings to determine their origin. The United States Coast Guard, which is also assisting with the investigation, has found no evidence of foreign involvement from coastal vessels. “And importantly, there are no reported or confirmed drone sightings in any restricted airspace,” Kirby said. Witnesses have reported that the drones were large, about the size of an SUV, and often traveled in groups. Part of the worry stemmed from the fact that the flying objects were initially spotted near the Picatinny Arsenal, a U.S. military research and manufacturing facility, as well as near President-elect Donald Trump’s golf course in Bedminster. New Jersey Gov. Phil Murphy told reporters on Dec. 9 that their technology appeared to be “very sophisticated.” “The minute you get eyes on them, they go dark,” he said. Following the White House press briefing, the FBI and DHS issued a statement saying that they continue to “investigate this situation and confirm whether the reported drone flights are actually drones or are instead manned aircraft or otherwise inaccurate sightings.” “Historically, we have experienced cases of mistaken identity, where reported drones are, in fact, manned aircraft or facilities,” the statement reads. Lawmakers and local officials have been expressing concerns and demanding more answers. Booker said he recognized “the need to maintain operational security of ongoing investigations” but urged the officials to release any available information in order to avoid spreading “rumors, fear, and misinformation.” House Speaker Mike Johnson (R-La.) said on Dec. 12 that he expected to receive a classified briefing soon about the drone sightings, calling them “a quandary.” While law enforcement and other agencies have found no indication of malicious activity or intent at this stage, Kirby said the reported sightings expose a gap in threat prevention. He urged Congress to pass legislation that would “extend and expand existing counter drone authorities” so that the government can mitigate potential threats to airports or other critical infrastructure.
MIAMI (AP) — The top United Nations human rights watchdog on Tuesday ordered Venezuela to avoid destroying tally sheets and other electoral material as it investigates allegations that President Nicolás Maduro stole this summer's election . The U.N. Human Rights Council announced the opening of the probe in a letter to several Latin American jurists who in October petitioned the U.N. agency to take action in the face of what is said was widespread evidence of electoral fraud that violates the political rights of millions of Venezuelans. Maduro claimed he won the July contest by a large margin and is preparing to start a third, six-year term in January. But electoral authorities have so far refused to publish voting records to back such claims, as they have in the past, amid calls by the U.S., European Union and even leftist allies from Brazil, Colombia and Mexico to do so. Meanwhile, the opposition has published online what appear to be authentic tallies from 80% of polling machines showing that its candidate, Edmundo González , won by a more than 2-to-1 margin. The October petition, made on behalf of a regular Venezuelan citizen, alleges that Maduro officials committed multiple human rights violations by restricting the ability of millions of Venezuelans abroad, publishing false results and blocking any challenges in court. Paulo Abrao, a Brazilian attorney who was among those behind the complaint, said the decision comes as a crucial time, as the Maduro government is seeking to "normalize its nebulous electoral process” in the hopes the rest of the world will move on amid so many other pressing international crises. “We cannot allow that to happen,” said Abrao, the former head of the Inter-American Commission on Human Rights. “Now there is a formal case being processed in an international body with binding force. Venezuela has the obligation to comply with the decision.” Follow AP’s coverage of Latin America and the Caribbean at https://apnews.com/hub/latin-americaPolice say suspect in UnitedHealthcare CEO killing wasn't a client of the insurer
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