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A senior Labor minister and Liberal Senator have clashed on live television over the Albanese government’s response to antisemitism, which has spiralled out of control in recent weeks. Housing Minister Clare O’Neil and shadow finance minister appeared on Sunrise on Wednesday morning as a prominent Jewish community in Sydney's east woke up to a second antisemitic attack in three weeks, with at least one car set on fire and two homes vandalised. The incident in Woollahra followed the firebombing of Melbourne's Adass Israel Synagogue on Friday which has since been declared a terrorist attack. Ms Hume took aim at Prime Minister Anthony Albanese, who eventually visited the synagogue on Tuesday after controversially attending donor drinks and playing tennis in the immediate aftermath of the arson attack. "This is becoming a pattern that is all too common," Ms Hume said. "What the Jewish community, indeed, all of Australia, are looking for is leadership on this issue. But sadly, the equivocation of the government of the Prime Minister has emboldened and enabled those that are committing these horrific crimes that are unfair on a really important section of our society and our community, in our Jewish community." Sunrise host Nat Barr then turned the attention to Ms O'Neil, stating: "You're shaking your head, Clare, at that accusation on the Prime Minister." "I find it a bit, a bit disappointing. I just don't think this is a time for political parties to be playing point scoring," Ms O'Neil said. "We've got to work together here to make sure that we stand strong, united as Australians and that’s the work I am doing." Ms Hume agreed, but with a caveat that the Jewish community were looking to the Albanese government for leadership amid the escalating violence. "I agree Clare, but the Jewish community are asking for more. They're asking for more because they feel unsafe," she said. "They've been looking to leadership that hasn't been there, and Anthony Albanese needs to step up and provide more security to the Jewish community. He has prevaricated in the past. It has emboldened people to commit these heinous crimes that have no place in Australia." The Housing Minister hit back, stating "you do you, Jane," before arguing Mr Albanese was seeking to ensure social cohesion was restored. "I'm just going to say, this is not my community. This is not Australia," she said. "We're going to stand strong here together. We're going to work with people who want to support us to build and strengthen our social cohesion in this country. That's the work that I see the Prime Minister doing." Barr then put to Ms O'Neil the reception Mr Albanese received when arriving at the synagogue on Tuesday, after shouts of “you’re late” and “nice day for tennis” were heard. Ms O’Neil said the people were “pleased” and “grateful” to see the Prime Minister at the synagogue, and insisted some of the people shouting down Mr Albanese in Melbourne were not locals. "I'm sure there were angry and upset people there, but I just say I just say I don't think that was the universal experience of having the PM there," Ms O'Neil said. "Look, my view is the PM has shown real leadership here. He's come to the synagogue. He's done the things that you would want the Prime Minister to do. He's made that commitment to support the synagogue. "He's also stood up this big task force to try to make sure that we're cracking down on any illegal behaviour, to make it clear that you know that the government won't tolerate this sort of thing..." Hume swiftly interjected, telling the Housing Minister: "Clare, he was four days late". The Melbourne synagogue was targeted on Friday as worshippers began arriving for morning prayer on the eve of Sabbath. The Prime Minister condemned the synagogue attack in his initial statement as “antisemitic” and “un-Australian” but refused to label it terrorism. Mr Albanese on Sunday said he believed it was a terrorist attack after mounting pressure from Opposition Leader Peter Dutton. “The Prime Minister won’t even use the word ‘terrorist attack’, and that says something in itself,” Mr Dutton said. Shortly after the Opposition Leader’s remarks, Mr Albanese fronted reporters at a press conference in Perth where he clarified in his “personal view” the incident was “quite clearly” a terrorist attack. Upon visiting the site of the conflagration two days later, Mr Albanese was met with shouts that his words were "cheap and late", with one person among the crowd labelling the Labor leader a "coward". About 1am on Wednesday, NSW Police and Fire Rescue were called to Magney Street, Woollahra, in the city's east, after a vehicle was set alight and properties graffitied. One of the phrases graffitied near the torched car was "kill Israiel" (sic). Mr Albanese responded to the antisemitic graffiti on Wednesday morning and said he was being briefed by AFP officials. “I stand with the Jewish community and unequivocally condemn this attack,” the Prime Minister said in a statement. "There is no place for hatred or antisemitism in our community."UI Movie Leaked Online: The highly anticipated sci-fi action thriller UI, starring Upendra Rao, hit theatres nationwide today, December 20, sparking celebrations among fans. Unfortunately, just hours after its theatrical release, the film was leaked on multiple piracy websites, causing significant concerns about its potential box office revenue. 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Continues below advertisement window.addEventListener("load", function() { let ad_unit_fire_time = 1000; if(ad_delay_time_abp > 0){ ad_unit_fire_time = parseInt(ad_delay_time_abp) + 500; } setTimeout(function () { googletag.cmd.push(function() { googletag.display("div-gpt-ad-1253031-3"); }); },ad_unit_fire_time) }); ALSO READ | Beast Games Now Streaming Online: How To Watch MrBeast’s Real-Life 'Squid Game' Show Legal Repercussions Accessing pirated content violates India’s Copyright Act, which imposes severe penalties, including fines up to Rs 2 lakh or imprisonment for up to three years. Supporting piracy not only invites legal trouble but also undermines the creative efforts of the film industry. ABP Live doesn't condone film piracy via torrents or any other illicit methods. UI Movie Leaked: Will Piracy Dampen The Hype? The early online leak presents a major obstacle to the film's box office success. However, UI has still been garnering positive reviews for its original storyline and strong performances, especially from Upendra Rao. Viewers have taken to social media to commend the film for its captivating themes and thought-provoking dialogues. While UI continues to receive attention for its bold narrative and unique concepts, the long-term effects of the piracy leak are yet to be fully realized. For now, both fans and critics are praising the film’s creativity and impactful message, hoping that its theatrical release will still achieve the recognition it deserves. UI: A Unique Sci-Fi Journey Directed by Upendra Rao, UI takes audiences to a dystopian 2040, where society struggles with the consequences of crises like COVID-19, the rise of artificial intelligence, the overwhelming influence of social media, climate change, and ongoing conflicts. The story focuses on the psychological conflict between a ruler and a manipulative figure who uses his intellect to overthrow the king and seize power for himself. The film offers a stark portrayal of a society ravaged by poverty and rigid, outdated ideologies, where the masses are easily controlled by those in power. This exploration of human behavior and social structures stands out as one of the movie’s most compelling aspects.

Detectives investigate disappearance of Melbourne womanNew coach Chris Holtmann has been tasked with rebuilding DePaul to the point where it can return to the NCAA Tournament for the first time since 2004. Northern Illinois coach Rashon Burno knows what it takes to steer DePaul to the NCAAs because he was the starting point guard on the 2000 team that made the tournament -- the Blue Demons' only other NCAA appearance since 1992. Perhaps they can compare notes Saturday afternoon when Burno leads the Huskies (2-3) back to his alma mater as DePaul (5-0) hosts its sixth straight home game in Chicago. Last season, Burno's NIU squad helped accelerate DePaul's need for a new coach -- as the Huskies waltzed into Wintrust Arena and owned Tony Stubblefield's Blue Demons by an 89-79 score on Nov. 25. The Huskies built a 24-point second-half lead before coasting to the finish line. Can history repeat for NIU? There's just one problem with using last year's game as a potential barometer for Saturday's rematch: Almost no players on this year's teams were part of last year's squads. At DePaul, only assistant coach Paris Parham remains as Holtmann had the green light to bring in an all-new roster. UIC graduate transfer Isaiah Rivera (16.0 ppg, .485 3-point rate) and Coastal Carolina transfer Jacob Meyer (15.4 ppg, .406 on 3s) lead a balanced attack that focuses on getting half its shots from beyond the arc. At NIU, Burno retained only two players who competed against DePaul last year -- Ethan Butler and Oluwasegun Durosinmi -- and they combined for three points in 26 minutes in that game. The Huskies' main players used the transfer portal to join such programs as Kansas, Wisconsin, Penn State, Colorado State, James Madison, Georgia State and Niagara. With every starting job open, Butler has jumped into the lineup and produced 11.6 points, 4.8 rebounds, 1.8 blocks and 1.4 steals per game. Transfers Quentin Jones (Cal Poly) and James Dent (Western Illinois) pace the Huskies with 14.4 and 14.0 points per game. NIU is on a two-game losing streak, most recently a 75-48 home defeat at the hands of Elon on Wednesday. Holtmann hopes to have Arkansas transfer Layden Blocker for Saturday's game. Blocker missed Tuesday's 78-69 win over Eastern Illinois with a quad injury. With the combo guard unavailable, point guard Conor Enright handed out a career-high 11 assists in a season-high 38 minutes. "We need (Blocker)," Holtmann said. "I don't want to play Conor 38 minutes." --Field Level Media

Global Software Quality Assurance and Testing Service Market Size, Share and Forecast By Key Players-Altoros, Avenga, BairesDev, BlastAsia, ByteAnt 12-24-2024 06:20 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Market Research Intellect Software Quality Assurance and Testing Service Market USA, New Jersey- According to the Market Research Intellect, the global Software Quality Assurance and Testing Service market is projected to grow at a robust compound annual growth rate (CAGR) of 15.77% from 2024 to 2031. Starting with a valuation of 6.84 Billion in 2024, the market is expected to reach approximately 16.47 Billion by 2031, driven by factors such as Software Quality Assurance and Testing Service and Software Quality Assurance and Testing Service. This significant growth underscores the expanding demand for Software Quality Assurance and Testing Service across various sectors. The Software Quality Assurance (QA) and Testing Service market has experienced significant growth, driven by the increasing demand for high-quality software in industries such as IT, healthcare, finance, and e-commerce. As organizations face the complexity of developing robust applications, the need for comprehensive QA and testing solutions has intensified. The growing adoption of agile methodologies, along with the rise of automation testing tools, has further fueled market expansion. Additionally, the increasing focus on reducing operational risks and improving user experience has heightened the demand for effective QA processes. As businesses increasingly prioritize seamless, error-free software, the market for software testing services is expected to continue its upward trajectory, with innovations like AI-driven testing playing a crucial role in shaping the future. The dynamics of the Software Quality Assurance and Testing Service market are shaped by various factors, such as technological advancements, market competition, and evolving customer expectations. The integration of automation, artificial intelligence, and machine learning into testing processes has revolutionized the industry, offering faster and more accurate results. Additionally, the shift toward cloud-based platforms allows for scalable and cost-effective testing solutions. However, challenges such as the growing complexity of software systems, the need for skilled professionals, and budget constraints continue to impact the market. Despite these challenges, the growing reliance on software for business-critical applications and the demand for faster time-to-market solutions are driving innovation and competitive pressure in the QA and testing services market. Request PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.marketresearchintellect.com/download-sample/?rid=10777400&utm_source=OpenPr&utm_medium=047 Key Drivers: The growth of the Software Quality Assurance and Testing Service market is driven by several key factors. Technological advancements in Software Quality Assurance and Testing Service have enabled greater efficiency and enhanced capabilities, spurring adoption across industries. Additionally, the rising demand for sustainable and eco-friendly solutions is pushing companies to innovate and adopt greener practices. Expanding applications in sectors like Software Quality Assurance and Testing Service and Software Quality Assurance and Testing Service are further contributing to market demand, as these industries seek advanced solutions to streamline operations and enhance product quality. Favorable government policies and incentives in regions such as North America, Europe, and Asia-Pacific support investment and growth. Moreover, an increasing focus on Software Quality Assurance and Testing Service for improving operational efficiency and cost-effectiveness is encouraging businesses to embrace new technologies, fostering sustained market expansion. Mergers and Acquisitions Mergers and acquisitions (M&A) play a pivotal role in the Software Quality Assurance and Testing Service market, as companies look to expand their capabilities, access new technologies, and strengthen market presence. Leading players engage in strategic acquisitions to consolidate their position and gain a competitive edge. These transactions often facilitate the integration of advanced Software Quality Assurance and Testing Service solutions, helping firms broaden their product portfolios and meet growing customer demands. Additionally, M&A activities support companies in achieving economies of scale and penetrating new regional markets, particularly in high-growth areas like Asia-Pacific. Through such strategic alliances, businesses aim to accelerate innovation, enhance operational efficiency, and address evolving market challenges, ultimately driving the overall growth of the Software Quality Assurance and Testing Service market. Get a Discount On The Purchase Of This Report @ https://www.marketresearchintellect.com/ask-for-discount/?rid=10777400&utm_source=OpenPr&utm_medium=047 The following Key Segments Are Covered in Our Report By Type Security Testing Usability Testing Functional Testing Localization Testing Compatibility Testing Others By Application SaaS Testing Web Application Testing Mobile Application Testing Desktop Application Testing Others Major companies in Software Quality Assurance and Testing Service Market are: Altoros, Avenga, BairesDev, BlastAsia, ByteAnt, Capgemini, Elinext, Evoke Technologies, FortySeven, Globant (Belatrix), Hidden Brains Infotech, Intertek, Itransition, Kanda Software, Litslink, Net Solutions, nResult, NTT (NTT Data), Orient Software, Oxagile, QASource, QAT Global, Romexsoft, ScienceSoft, ScriptSmart, SDLC Partners, Softtek, TatvaSoft, TietoEVRY, Vilmate Global Software Quality Assurance and Testing Service Market -Regional Analysis North America: North America is expected to hold a significant share of the Software Quality Assurance and Testing Service market due to advanced technological infrastructure and the presence of major market players. High demand across sectors like Software Quality Assurance and Testing Service and Software Quality Assurance and Testing Service is driving growth, with the U.S. being a key contributor. Additionally, ongoing investments in R&D and innovation reinforce the region's strong market position. Europe: Europe is projected to experience steady growth, driven by stringent regulatory standards and a rising focus on sustainability in Software Quality Assurance and Testing Service practices. Countries like Germany, France, and the UK are leading due to their advanced industrial base and supportive government policies. The demand for eco-friendly and efficient Software Quality Assurance and Testing Service solutions is expected to continue fostering market expansion. Asia-Pacific: Asia-Pacific is anticipated to be the fastest-growing region, fueled by rapid industrialization and urbanization. Countries such as China, India, and Japan are driving demand due to expanding consumer bases and increasing investments in infrastructure. The region's robust manufacturing sector and favorable economic policies further enhance growth opportunities in the Software Quality Assurance and Testing Service market. Latin America: Latin America and the Middle East & Africa are expected to show moderate growth in the Software Quality Assurance and Testing Service market. In Latin America, growth is supported by rising industrial activities in countries like Brazil and Mexico. Meanwhile, in the Middle East & Africa, infrastructure development and an increasing focus on innovation in sectors like Software Quality Assurance and Testing Service are key drivers of market expansion. Middle East and Africa: The Middle East and Africa represent emerging markets in the global Software Quality Assurance and Testing Service market, with countries like UAE, Saudi Arabia, South Africa, and Nigeria showing promising growth potential. Economic diversification efforts, urbanization, and a young population are driving demand for Software Quality Assurance and Testing Service products and services in the region. Frequently Asked Questions (FAQ) 1. What is the current size of the Software Quality Assurance and Testing Service market? Answer: The Software Quality Assurance and Testing Service market was valued at approximately 6.84 Billion in 2024, with projections suggesting it will reach 16.47 Billion by 2031, growing at a CAGR of 15.77%. 2. What factors are driving the growth of the Software Quality Assurance and Testing Service market? Answer: The market's expansion is attributed to several factors, including increased demand for Software Quality Assurance and Testing Service, advancements in Software Quality Assurance and Testing Service technology, and the adoption of Software Quality Assurance and Testing Service across various sectors. 3. Which regions are expected to dominate the Software Quality Assurance and Testing Service market? Answer: Regions such as North America, Europe, and Asia-Pacific are anticipated to lead due to the presence of major industry players and growing investments in Software Quality Assurance and Testing Service. 4. Who are the key players in the Software Quality Assurance and Testing Service market? Answer: Prominent companies in the Software Quality Assurance and Testing Service market include Software Quality Assurance and Testing Service, Software Quality Assurance and Testing Service, and Software Quality Assurance and Testing Service, each contributing to market growth through innovations and strategic partnerships. 5. What challenges does the Software Quality Assurance and Testing Service market face? Answer: The market faces challenges such as Software Quality Assurance and Testing Service, regulatory compliance, and competition from alternative solutions. However, ongoing advancements aim to address these issues. 6. What are the future trends in the Software Quality Assurance and Testing Service market? Emerging trends include the integration of Software Quality Assurance and Testing Service technology, sustainability practices, and digital transformation in processes, all expected to shape the market's future. 7. How can businesses benefit from the Software Quality Assurance and Testing Service market? Answer: Businesses can leverage growth opportunities in the Software Quality Assurance and Testing Service market by adopting new solutions, enhancing operational efficiency, and expanding their offerings to meet evolving consumer demands. 8. Why invest in a Software Quality Assurance and Testing Service market report from MRI? Answer: MRI's report provides in-depth analysis, future projections, and key insights to support strategic decision-making, enabling businesses to stay competitive and capitalize on growth trends in the Software Quality Assurance and Testing Service market. For More Information or Query, Visit @ https://www.marketresearchintellect.com/product/software-quality-assurance-and-testing-service-market/?utm_source=OpenPr&utm_medium=047 About Us: Market Research Intellect Market Research Intellect is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions. Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research. Our research spans a multitude of industries including Energy, Technology, Manufacturing and Construction, Chemicals and Materials, Food and Beverages, etc. Having serviced many Fortune 2000 organizations, we bring a rich and reliable experience that covers all kinds of research needs. For inquiries, Contact Us at: Mr. Edwyne Fernandes Market Research Intellect APAC: +61 485 860 968 EU: +44 788 886 6344 US: +1 743 222 5439 This release was published on openPR.

S&P/TSX composite down more than 100 points Tuesday, U.S. stock markets also lowerStocks closed higher on Wall Street ahead of the Christmas holiday, led by gains in Big Tech stocks. The S&P 500 added 1.1% Tuesday. Trading closed early ahead of the holiday. Tech companies including Apple, Amazon and chip company Broadcom helped pull the market higher. The Dow Jones Industrial Average rose 0.9%, and the Nasdaq composite climbed 1.3%. American Airlines shook off an early loss and ended mostly higher after the airline briefly grounded flights nationwide due to a technical issue. Treasury yields held steady in the bond market. The yield on the 10-year Treasury was little changed at 4.59% THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. Tech companies led a broad rally for U.S. stocks Tuesday, a boost for the market in a holiday-shortened trading session. The S&P 500 rose 0.8% in midday trading. The Dow Jones Industrial Average was up 273 points, or 0.6%, as of 12:18 p.m. Eastern time. The tech-heavy Nasdaq composite was up 1%. Chip company Broadcom rose 2.9%, while semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, rose 0.8%. Super Micro Computer jumped 5.8%. Tesla climbed 5.1%, one of the biggest gains among S&P 500 stocks. Amazon.com rose 1.6% American Airlines slipped 0.1% after the airline briefly grounded flights nationwide due to a technical issue. U.S. Steel rose 1.1% a day after an influential government panel failed to reach consensus on the possible national security risks of the nearly $15 billion proposed sale to Nippon Steel of Japan. NeueHealth surged 68.9% after the health care company agreed to be taken private in a deal valued at roughly $1.3 billion. Treasury yields rose in the bond market. The yield on the 10-year Treasury rose to 4.61% from 4.59% late Monday. European markets were mostly higher. Markets in Asia mostly gained ground. U.S. markets will close at 1 p.m. Eastern and stay closed Wednesday for Christmas. Wall Street has several economic reports to look forward to this week, including a weekly update on unemployment benefits on Thursday. Tuesday’s rally comes as the stock market enters what’s historically been a very cheerful season. The last five trading days of each year, plus the first two in the new year, have brought an average gain of 1.3% since 1950. The so-called “Santa rally” also correlates closely with positive returns in January and the upcoming year. So far this month, the U.S. stock market has lost some of its gains since President-elect Donald Trump’s win on Election Day, which raised hopes for faster economic growth and more lax regulations that would boost corporate profits. Worries have risen that Trump’s preference for tariffs and other policies could lead to higher inflation , a bigger U.S. government debt and difficulties for global trade. Even so, the stock market remains on pace to deliver strong returns for 2024. The benchmark S&P 500 is up about 26% so far this year and remains within roughly 1.3% of the all-time high it set earlier this month — its latest of 57 record highs this year.PHILADELPHIA (AP) — Philadelphia 76ers forward Paul George has a bone bruise on his left knee and will miss two games, the team said Thursday. The 76ers said George did not suffer any structural damage when he injured the same knee that he hyperextended during the preseason in Wednesday night's loss at Memphis. The game marked the first time this season the All-Star trio of George, Joel Embiid and Tyrese Maxey started a game together. George will miss home games Friday against Brooklyn and Sunday against the Los Angeles Clippers, his former team. A nine-time All-Star, the 34-year-old George will be evaluated again on Monday. Wednesday's 117-111 loss to the Grizzlies dropped the Sixers to 2-12, the worst record in the NBA headed into Thursday night's games. George signed a four-year, $212 million contract with Philadelphia after five seasons with the Clippers. He has averaged 14.9 points in eight games this season. Embiid has been out with injuries, load management rest and a suspension, while Maxey was sidelined with a hamstring injury. An expected contender in the Eastern Conference, the Sixers haven't won since an overtime victory against Charlotte on Nov. 10. AP NBA: https://apnews.com/hub/nba

Vast Updates Shareholders at Annual General Meeting on Significant Progress Towards Delivering ...Bitcoin catapulted above $100,000 for the first time on Thursday, a milestone hailed even by sceptics as a coming-of-age for digital assets as investors bet on a friendly U.S. administration to cement the place of cryptocurrencies in financial markets. Once it broke $100,000 in Thursday's Asian morning, boosted by U.S. President-elect Trump's nomination of pro-crypto Paul Atkins to run the Securities and Exchange Commission, it was soon at an all-time high of $103,649. It last fetched $98,803, up 0.95% on the day BTC=. The total value of the cryptocurrency market has almost doubled over the year so far to hit a record over $3.8 trillion, according to data provider CoinGecko. By comparison, Apple alone is worth about $3.7 trillion. Bitcoin's march from the libertarian fringe to Wall Street has minted millionaires, a new asset class and popularised the concept of "decentralized finance" in a volatile and often controversial period since its creation 16 years ago. Bitcoin has more than doubled in value this year and is up more than 50% in the four weeks since Donald Trump's sweeping election victory, which also saw a slew of pro-crypto lawmakers being elected to Congress. "CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU’RE WELCOME!!! Together, we will Make America Great Again!" Trump said on Truth Social, his social media network, on Thursday. "We're witnessing a paradigm shift," said Mike Novogratz, founder and CEO of U.S. crypto firm Galaxy Digital. "Bitcoin and the entire digital asset ecosystem are on the brink of entering the financial mainstream - this momentum is fuelled by institutional adoption, advancements in tokenisation and payments, and a clearer regulatory path." Trump - who once labelled crypto a scam - embraced digital assets during his campaign, promising to make the United States the "crypto capital of the planet" and to accumulate a national stockpile of bitcoin. "We were trading basically sideways for about seven months, then immediately after Nov. 5, U.S. investors resumed buying hand-over-fist," said Joe McCann, CEO and founder of Asymmetric, a Miami digital assets hedge fund. Bitcoin's proponents cheered Trump's nomination of Atkins to the SEC. A former SEC commissioner, Atkins has been involved in crypto policy as co-chair of the Token Alliance, which works to "develop best practices for digital asset issuances and trading platforms," and the Chamber of Digital Commerce. "Atkins will offer a new perspective, anchored by a deep understanding of the digital asset ecosystem," said Blockchain Association CEO Kristin Smith. "We look forward to working with him ... and ushering in – together – a new wave of American crypto innovation." A slew of crypto companies including Ripple, Kraken and Circle are also jostling for a seat on Trump's promised crypto advisory council. Part of the landscape Bitcoin has proven a survivor through precipitous downturns. Its move into six-figure territory is a remarkable comeback from a dip below $16,000 in 2022 when the industry was reeling from the collapse of the FTX exchange. Founder Sam Bankman-Fried was subsequently jailed. Analysts say the growing embrace of bitcoin by big investors this year has been a driving force behind the record-breaking rally. U.S.-listed bitcoin exchange-traded funds were approved in January and have been a conduit for large-scale buying, with more than $4 billion streaming into these funds since the election. "Roughly 3% of the total supply of bitcoins that will ever exist have been purchased in 2024 by institutional money," said Geoff Kendrick, global head of digital assets research at Standard Chartered. "Digital assets, as an asset class, is becoming normalised," he said. It is already becoming increasingly financialised, with the launch of bitcoin futures BTCc1 in 2017 and a strong debut for options on BlackRock's ETF IBIT.O in November. Crypto-related stocks have soared along with the bitcoin price, with shares in bitcoin miner MARA Holdings MARA.O and exchange operator Coinbase COIN.O each up around 65% in November. Software firm Microstrategy MSTO.O, which has repeatedly raised funds to buy bitcoin and held an aggregate of about 402,100 bitcoins as of Dec. 1, has gained around 540% this year. Trump himself unveiled a new crypto business, World Liberty Financial, in September, although details have been scarce and billionaire Elon Musk, a major Trump ally, is also a proponent of cryptocurrencies. Some say the asset remains a speculative or investment vehicle and not an instrument for payments. On Wednesday, Federal Reserve Chair Jerome Powell likened bitcoin to gold, “only it's virtual, it's digital." "People are not using it as a form of payment, or as a store of value. It's highly volatile, it’s not a competitor for the dollar." While earlier big bitcoin rallies have been followed by significant pullbacks, its wider adoption now may help tamp down volatility, analysts said. "That is not to say that there will not be 30-50% drawdowns over time, but my base case is that the nature of the drawdowns will be less severe than what we saw in the last bear market," Sean Farrell, head of digital asset strategy at Fundstrat Global Advisors, said. "Passive flows into ETFs, a liquid options market, corporate treasury adoption, and nation state adoption will likely play a large role in dampening volatility," Farrell said. 'Who can prohibit it' Cryptocurrencies have been criticised for their massive energy consumption and use in crime around the world, and the underlying technology is far from delivering a revolution in the way money moves around the globe. The U.S. and Britain announced on Wednesday they had disrupted what they described as a global money laundering ring which used cryptocurrency to help rich Russians to evade sanctions and launder cash for drug traffickers. Although calculations vary, the Cambridge University Centre for Alternative Finance estimates bitcoin uses around the same amount of electricity each year as Poland or South Africa. Still, as Russian President Vladimir Putin pointed out at an investment conference on Wednesday: "Who can prohibit it? No one." And its longevity is perhaps testament to a degree of resilience. "As time goes by it's proving itself as part of the financial landscape," said Shane Oliver, chief economist and head of investment strategy at AMP in Sydney. "I find it very hard to value it ... it's anyone's guess. But it does have a momentum aspect to it and at the moment the momentum is up." — Reuters

By BEN FINLEY The Christmas tradition has become nearly global in scope: Children from around the world track Santa Claus as he sweeps across the earth, delivering presents and defying time. Related Articles National News | Heavy travel day off to a rough start after American Airlines briefly grounds all flights National News | Prosecutors withdraw appeal of dismissed case against Alec Baldwin in fatal movie set shooting National News | Judge rules Arkansas law allowing criminal charges against librarians is unconstitutional National News | Bill Clinton is hospitalized with a fever but in good spirits, spokesperson says National News | President-elect Trump wants to again rename North America’s tallest peak Each year, at least 100,000 kids call into the North American Aerospace Defense Command to inquire about Santa’s location. Millions more follow online in nine languages , from English to Japanese. On any other night, NORAD is scanning the heavens for potential threats , such as last year’s Chinese spy balloon . But on Christmas Eve, volunteers in Colorado Springs are fielding questions like, “When is Santa coming to my house?” and, “Am I on the naughty or nice list?” “There are screams and giggles and laughter,” said Bob Sommers, 63, a civilian contractor and NORAD volunteer. Sommers often says on the call that everyone must be asleep before Santa arrives, prompting parents to say, “Do you hear what he said? We got to go to bed early.” NORAD’s annual tracking of Santa has endured since the Cold War , predating ugly sweater parties and Mariah Carey classics . The tradition continues regardless of government shutdowns, such as the one in 2018 , and this year . Here’s how it began and why the phones keep ringing. It started with a child’s accidental phone call in 1955. The Colorado Springs newspaper printed a Sears advertisement that encouraged children to call Santa, listing a phone number. A boy called. But he reached the Continental Air Defense Command, now NORAD, a joint U.S. and Canadian effort to spot potential enemy attacks. Tensions were growing with the Soviet Union, along with anxieties about nuclear war. Air Force Col. Harry W. Shoup picked up an emergency-only “red phone” and was greeted by a tiny voice that began to recite a Christmas wish list. “He went on a little bit, and he takes a breath, then says, ‘Hey, you’re not Santa,’” Shoup told The Associated Press in 1999. Realizing an explanation would be lost on the youngster, Shoup summoned a deep, jolly voice and replied, “Ho, ho, ho! Yes, I am Santa Claus. Have you been a good boy?” Shoup said he learned from the boy’s mother that Sears mistakenly printed the top-secret number. He hung up, but the phone soon rang again with a young girl reciting her Christmas list. Fifty calls a day followed, he said. In the pre-digital age, the agency used a 60-by-80 foot (18-by-24 meter) plexiglass map of North America to track unidentified objects. A staff member jokingly drew Santa and his sleigh over the North Pole. The tradition was born. “Note to the kiddies,” began an AP story from Colorado Springs on Dec. 23, 1955. “Santa Claus Friday was assured safe passage into the United States by the Continental Air Defense Command.” In a likely reference to the Soviets, the article noted that Santa was guarded against possible attack from “those who do not believe in Christmas.” Some grinchy journalists have nitpicked Shoup’s story, questioning whether a misprint or a misdial prompted the boy’s call. In 2014, tech news site Gizmodo cited an International News Service story from Dec. 1, 1955, about a child’s call to Shoup. Published in the Pasadena Independent, the article said the child reversed two digits in the Sears number. “When a childish voice asked COC commander Col. Harry Shoup, if there was a Santa Claus at the North Pole, he answered much more roughly than he should — considering the season: ‘There may be a guy called Santa Claus at the North Pole, but he’s not the one I worry about coming from that direction,’” Shoup said in the brief piece. In 2015, The Atlantic magazine doubted the flood of calls to the secret line, while noting that Shoup had a flair for public relations. Phone calls aside, Shoup was indeed media savvy. In 1986, he told the Scripps Howard News Service that he recognized an opportunity when a staff member drew Santa on the glass map in 1955. A lieutenant colonel promised to have it erased. But Shoup said, “You leave it right there,” and summoned public affairs. Shoup wanted to boost morale for the troops and public alike. “Why, it made the military look good — like we’re not all a bunch of snobs who don’t care about Santa Claus,” he said. Shoup died in 2009. His children told the StoryCorps podcast in 2014 that it was a misprinted Sears ad that prompted the phone calls. “And later in life he got letters from all over the world,” said Terri Van Keuren, a daughter. “People saying ‘Thank you, Colonel, for having, you know, this sense of humor.’” NORAD’s tradition is one of the few modern additions to the centuries-old Santa story that have endured, according to Gerry Bowler, a Canadian historian who spoke to the AP in 2010. Ad campaigns or movies try to “kidnap” Santa for commercial purposes, said Bowler, who wrote “Santa Claus: A Biography.” NORAD, by contrast, takes an essential element of Santa’s story and views it through a technological lens. In a recent interview with the AP, Air Force Lt. Gen. Case Cunningham explained that NORAD radars in Alaska and Canada —- known as the northern warning system — are the first to detect Santa. He leaves the North Pole and typically heads for the international dateline in the Pacific Ocean. From there he moves west, following the night. “That’s when the satellite systems we use to track and identify targets of interest every single day start to kick in,” Cunningham said. “A probably little-known fact is that Rudolph’s nose that glows red emanates a lot of heat. And so those satellites track (Santa) through that heat source.” NORAD has an app and website, www.noradsanta.org , that will track Santa on Christmas Eve from 4 a.m. to midnight, mountain standard time. People can call 1-877-HI-NORAD to ask live operators about Santa’s location from 6 a.m. to midnight, mountain time.How major US stock indexes fared Tuesday, 12/10/2024

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( ) is one of Canada’s most reliable financial institutions, but its future over the next five years is bound to be an interesting ride. With its earnings report for the fourth quarter (Q4) of 2024, showing a reported net income of $3.6 billion (a 26.8% increase year over year) but adjusted net income falling 8% to $3.2 billion, TD stock’s position as a giant in Canadian banking is solid, but challenges lie ahead. Into earnings TD’s financial performance in fiscal 2024 reflects some resilience despite headwinds. While its full-year adjusted earnings per share (EPS) dipped slightly to $7.81 from $7.91, the showcased strength in reported net income for the quarter. Helped by gains from selling shares. Yet, the overall annual decline in adjusted EPS underscores a slower year for TD stock, shaped partly by economic pressures and its complex acquisitions and divestments. Looking back, TD stock has built a legacy of consistency, which is evident in its stable dividend history. The bank’s forward annual dividend yield stands at a solid 5.12%. Thus making it a reliable choice for income-focused investors. However, with a payout ratio nearing 93%, TD stock’s ability to sustainably grow its dividend might hinge on significant revenue growth or a pivot in its spending habits. Problems with growth The bank’s growth story is marked by international ambitions, notably in the U.S. market, which has been both an opportunity and a challenge. The terminated First Horizon acquisition earlier this year was a blow, but it allowed TD stock to refocus on bolstering its balance sheet. The Q4 report highlighted some restructuring charges in the U.S., which could pave the way for a more efficient operation south of the border. TD stock’s decision not to provide forward guidance, while unconventional, might be strategic. Economic uncertainty, higher interest rates, and evolving regulatory landscapes present variables that could impact long-term plans. By staying flexible, TD stock can adapt to changing conditions, though it leaves investors with more guesswork regarding the bank’s five-year trajectory. Future growth could come from TD’s digital transformation efforts. With consumer preferences shifting to online and mobile banking, TD stock’s investments in technology and innovation might pay off in the long run. Strengthening these capabilities could also reduce costs and improve customer retention. Looking ahead Over the next five years, TD stock’s performance will likely depend on its ability to navigate a slower-growth environment. With a price-to-earnings (P/E) ratio of 18.44 and forward P/E at 9.88, the market has already priced in some optimism for recovery. If TD stock can leverage its strengths in both Canadian and U.S. markets, the stock could regain its 52-week high of $87.99 and possibly surpass it. However, risks remain. TD stock’s total debt of $457.75 billion, coupled with a profit margin of 15.72%, shows the need for disciplined financial management. TD stock’s ability to maintain its reputation as a low-risk, high-reward investment hinges on how well it balances these factors. For long-term investors, TD stock remains a cornerstone of stability in a well-diversified portfolio. While the next five years might bring slower growth, TD stock’s solid capital position, strategic adaptability, and reliable dividend make it a worthy stock to hold. The absence of guidance adds an element of suspense, but for those with a patient outlook, TD’s consistency could still shine. Bottom line In five years, TD stock might not just be stronger. It could emerge as a more agile institution, well-equipped to face the challenges of the 2030s. Investors willing to ride through the could be well-rewarded as the bank leverages its historical resilience to write its next chapter.