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n`i[lSlNEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Value Line, Inc., (NASDAQ: VALU) reported financial results for the second fiscal quarter ended October 31, 2024. During the six months ended October 31, 2024, the Company’s net income of $11,572,000, or $1.23 per share, was 38.6% above net income of $8,347,000, or $0.89 per share, for the six months ended October 31, 2023. The Company’s revenues of $8,871,000 from its non-voting revenues interest in EAM and non-voting profits interest in EAM increased $3,019,000 or 51.6% above the prior fiscal year. During the six months ended October 31, 2024, the Company’s total investment gains of $2,895,000 compared to a loss of $324,000 in the prior fiscal year. During the three months ended October 31, 2024, the Company’s net income of $5,685,000, or $0.60 per share, was 63.0% above net income of $3,488,000, or $0.37 per share, for the three months ended October 31, 2023. The Company’s revenues of $4,630,000 from its non-voting revenues interest in EAM and non-voting profits interest in EAM increased $1,635,000 or 54.6% above the prior fiscal year. During the three months ended October 31, 2024, the Company’s total investment gains of $1,186,000 compared to a loss of $1,079,000 in the prior fiscal year. Retained earnings at October 31, 2024, were $110,170,000, an increase of 5.7% compared to retained earnings at April 30, 2024. Shareholders’ equity reached $96,715,000 at October 31, 2024, an increase of 6.5% from the shareholders’ equity of $90,793,000 as of April 30, 2024. The Company’s quarterly report on Form 10-Q has been filed with the SEC and is available on the Company’s website at www.valueline.com/About/corporate_filings.aspx. Shareholders may receive a printed copy, free of charge upon request to the Company at the address above, Attn: Corporate Secretary. Value Line, Inc. is a leading New York based provider of investment research. The Value Line Investment Survey is one of the most widely used sources of independent equity investment research. Value Line also publishes a range of proprietary investment research in both print and digital formats including research in the areas of Mutual Funds, ETFs and Options. Value Line’s acclaimed research also enables the Company to provide specialized products such as Value Line Select, The Value Line Special Situations Service, Value Line Select ETFs, Value Line Select: Dividend Income & Growth, The New Value Line ETFs Service, The Value Line M&A Service, Information You Should Know Wealth Newsletter , The Value Line Climate Change Investing Service and certain Value Line copyrights, distributed under agreements including certain proprietary ranking system information and other proprietary information used in third party products. Value Line’s products are available to individual investors by mail, at www.valueline.com or by calling 1-800-VALUELINE or 1-800-825-8354, while institutional-level services for professional investors, advisers, corporate, academic, and municipal libraries are offered at www.ValueLinePro.com , www.ValueLineLibrary.com and by calling 1-800-531-1425. Cautionary Statement Regarding Forward-Looking Information In this report, “Value Line,” “we,” “us,” “our” refers to Value Line, Inc. and “the Company” refers to Value Line and its subsidiaries unless the context otherwise requires. This report contains statements that are predictive in nature, depend upon or refer to future events or conditions (including certain projections and business trends) accompanied by such phrases as “believe”, “estimate”, “expect”, “anticipate”, “will”, “intend” and other similar or negative expressions, that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995, as amended. Actual results for Value Line, Inc. (“Value Line” or “the Company”) may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to the following: maintaining revenue from subscriptions for the Company’s digital and print published products; changes in investment trends and economic conditions, including global financial issues; changes in Federal Reserve policies affecting interest rates and liquidity along with resulting effects on equity markets; stability of the banking system, including the success of U.S. government policies and actions in regard to banks with liquidity or capital issues, along with the associated impact on equity markets; continuation of orderly markets for equities and corporate and governmental debt securities; problems protecting intellectual property rights in Company methods and trademarks; protecting confidential information including customer confidential or personal information that we may possess; dependence on non-voting revenues and non-voting profits interests in EULAV Asset Management, a Delaware statutory trust (“EAM” or “EAM Trust”), which serves as the investment advisor to the Value Line Funds and engages in related distribution, marketing and administrative services; fluctuations in EAM’s and third party copyright assets under management due to broadly based changes in the values of equity and debt securities, market sector variations, redemptions by investors and other factors; possible changes in the valuation of EAM’s intangible assets from time to time; possible changes in future revenues or collection of receivables from significant customers; dependence on key executive and specialist personnel; risks associated with the outsourcing of certain functions, technical facilities, and operations, including in some instances outside the U.S.; competition in the fields of publishing, copyright and investment management, along with associated effects on the level and structure of prices and fees, and the mix of services delivered; the impact of government regulation on the Company’s and EAM’s businesses; federal and/or state legislative changes that might affect Value Line’s business; the availability of free or low cost investment information through discount brokers or generally over the internet; the economic and other impacts of global political and military conflicts; continued availability of generally dependable energy supplies and transportation facilities in the geographic areas in which the company and certain suppliers operate; terrorist attacks, cyber attacks and natural disasters; the need for changes in our business plans because of unexpected events that occur; widespread illnesses which may drastically affect markets, employment, and other economic conditions, and may have additional unpredictable impacts on employees, suppliers, customers, and operations; changes in prices and availability of materials and other inputs and services, such as freight and postage, required by the Company; other risks and uncertainties, including but not limited to the risks described in Part I, Item 1A, “Risk Factors” of the Company’s Annual Report on Form 10-K for the year ended April 30, 2024 and in Part II, Item 1A of the Quarterly Report on Form 10-Q for the period ended October 31, 2024; and other risks and uncertainties arising from time to time. These factors are not necessarily all of the important factors that could cause actual results to differ materially from those expressed in any of our forward-looking statements. Other unknown or unpredictable factors which may involve external factors over which we may have no control could also have material adverse effects on future results. Likewise, changes we make in our plans, objectives, strategies, or intentions, which may occur at any time in our discretion, could also have material favorable or adverse effects on our future results. Except as otherwise required to be disclosed in periodic reports required to be filed by public companies with the SEC pursuant to the SEC's rules, we have no duty to update these statements, and we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks and uncertainties, current plans, anticipated actions, and future financial conditions and results may differ from those expressed in any forward-looking information contained herein. www.val u eline.com www.ValueLinePro.com , www.ValueLineLibrary. c om Facebook | LinkedIn | Twitter Complimentary Value Line® Reports on Dow 30 Stocks
NEW YORK — Same iconic statue, very different race. With two-way star Travis Hunter of Colorado and Boise State running back Ashton Jeanty leading the field, these certainly aren't your typical Heisman Trophy contenders. Sure, veteran quarterbacks Dillon Gabriel from top-ranked Oregon and Cam Ward of No. 15 Miami are finalists for college football's most prestigious award as well, but the 90th annual ceremony coming up Saturday night at Lincoln Center in New York City offers a fresh flavor this year. To start with, none of the four are from the powerhouse Southeastern Conference, which has produced four of the past five Heisman winners — two each from Alabama and LSU. Jeanty, who played his home games for a Group of Five team on that peculiar blue turf in Idaho more than 2,100 miles from Manhattan, is the first running back even invited to the Heisman party since 2017. After leading the country with 2,497 yards rushing and 29 touchdowns, he joined quarterback Kellen Moore (2010) as the only Boise State players to be named a finalist. "The running back position has been overlooked for a while now," said Jeanty, who plans to enter the 2025 NFL draft. "There's been a lot of great running backs before me that should have been here in New York, so to kind of carry on the legacy of the running back position I think is great. ... I feel as if I'm representing the whole position." With the votes already in, all four finalists spent Friday conducting interviews and sightseeing in the Big Apple. They were given custom, commemorative watches to mark their achievement. "I'm not a watch guy, but I like it," said Hunter, flashing a smile. The players also took photos beneath the massive billboards in Times Square and later posed with the famous Heisman Trophy, handed out since 1935 to the nation's most outstanding performer. Hunter, the heavy favorite, made sure not to touch it yet. A dominant player on both offense and defense who rarely comes off the field, the wide receiver/cornerback is a throwback to generations gone by and the first full-time, true two-way star in decades. On offense, he had 92 catches for 1,152 yards and 14 touchdowns this season to help the 20th-ranked Buffaloes (9-3) earn their first bowl bid in four years. On defense, he made four interceptions, broke up 11 passes and forced a critical fumble that secured an overtime victory against Baylor. Hunter played 688 defensive snaps and 672 more on offense — the only Power Four conference player with 30-plus snaps on both sides of the ball, according to Colorado research. Call him college football's answer to baseball unicorn Shohei Ohtani. "I think I laid the ground for more people to come in and go two ways," Hunter said. "It starts with your mindset. If you believe you can do it, then you'll be able to do it. And also, I do a lot of treatment. I keep up with my body. I get a lot of recovery." Hunter is Colorado's first Heisman finalist in 30 years. The junior from Suwanee, Georgia, followed flashy coach Deion Sanders from Jackson State, an HBCU that plays in the lower level FCS, to the Rocky Mountains and has already racked up a staggering combination of accolades this week, including The Associated Press player of the year. Hunter also won the Walter Camp Award as national player of the year, along with the Chuck Bednarik Award as the top defensive player and the Biletnikoff Award for best wide receiver. "It just goes to show that I did what I had to do," Hunter said. Next, he'd like to polish off his impressive hardware collection by becoming the second Heisman Trophy recipient in Buffaloes history, after late running back Rashaan Salaam in 1994. "I worked so hard for this moment, so securing the Heisman definitely would set my legacy in college football," Hunter said. "Being here now is like a dream come true." Jeanty carried No. 8 Boise State (12-1) to a Mountain West Conference championship that landed the Broncos the third seed in this year's College Football Playoff. They have a first-round bye before facing the SMU-Penn State winner in the Fiesta Bowl quarterfinal on New Year's Eve. The 5-foot-9, 215-pound junior from Jacksonville, Florida, won the Maxwell Award as college football's top player and the Doak Walker Award for best running back. Jeanty has five touchdown runs of at least 70 yards and has rushed for the fourth-most yards in a season in FBS history — topping the total of 115 teams this year. He needs 132 yards to break the FBS record set by Heisman Trophy winner Barry Sanders at Oklahoma State in 1988. In a pass-happy era, however, Jeanty is trying to become the first running back to win the Heisman Trophy since Derrick Henry for Alabama nine years ago. In fact, quarterbacks have snagged the prize all but four times this century. Gabriel, an Oklahoma transfer, led Oregon (13-0) to a Big Ten title in its first season in the league and the No. 1 seed in the College Football Playoff. The steady senior from Hawaii passed for 3,558 yards and 28 touchdowns with six interceptions. His 73.2% completion rate ranks second in the nation, and he's attempting to join quarterback Marcus Mariota (2014) as Ducks players to win the Heisman Trophy. "I think all the memories start to roll back in your mind," Gabriel said. Ward threw for 4,123 yards and led the nation with a school-record 36 touchdown passes for the high-scoring Hurricanes (10-2) after transferring from Washington State. The senior from West Columbia, Texas, won the Davey O'Brien National Quarterback of the Year award and is looking to join QBs Vinny Testaverde (1986) and Gino Torretta (1992) as Miami players to go home with the Heisman. "I just think there's a recklessness that you have to play with at the quarterback position," Ward said.
Arrests made after Kosovo blast called terrorism by premierBARCELONA, Spain (AP) — Tens of thousands of Spaniards marched in downtown Barcelona on Saturday to protest the skyrocketing cost of renting an apartment in the popular tourist destination. Protesters cut off traffic on main avenues in the city center, holding up homemade signs in Spanish reading “Fewer apartments for investing and more homes for living" and “The people without homes uphold their rights.” The lack of affordable housing has become one of the leading concerns for the southern European Union country, mirroring the housing crunch across many parts of the world, including the United States . Organizers said that over 100,000 had turned out, while Barcelona’s police said they estimated some 22,000 marched. Either way, the throngs of people clogging the streets recalled the massive separatist rallies at the heigh of the previous decade’s Catalan independence movement. Now, social concerns led by housing have displaced political crusades. That is because the average rent for Spain has doubled in last 10 years. The price per square meter has risen from 7.2 euros ($7.5) in 2014 to 13 euros this year, according to the popular online real estate website Idealista. The growth is even more acute in cities like Barcelona and Madrid. Incomes meanwhile have failed to keep up, especially for younger people in a country with chronically high unemployment. Protestor Samuel Saintot said he is “frustrated and scared” after being told by the owners of the apartment he has rented for the past 15 years in Barcelona’s city center that he must vacate the premises. He suspects that the owners want him out so they can renovate it and boost the price. “Even looking in a 20- or 30-kilometer radius outside town, I can’t even find anything within the price range I can afford,” he told The Associated Press. “And I consider myself a very fortunate person, because I earn a decent salary. And even in my case, I may be forced to leave town.” A report by the Bank of Spain indicates that nearly 40% of Spaniards who rent dedicate an average of 40% of their income to paying rents and utilities, compared to the European Union average of 27% of renters who do so. “We are talking about a housing emergency. It means people having many difficulties both in accessing and staying in their homes,” said Ignasi Martí, professor for Esade business school and head of its Dignified Housing Observatory. The rise in rents is causing significant pain in Spain, where traditionally people seek to own their homes. Rental prices have also been driven up by short-term renters including tourists. Many migrants to Spain are also disproportionately hit by the high rents because they often do not have enough savings. Spain is near the bottom end of OECD countries with under 2% of all housing available being public housing for rent. The OECD average is 7%. Spain is far behind France, with 14%, Britain with 16%, and the Netherlands with 34%. Carme Arcarazo, spokesperson for Barcelona’s Tenants Union which helped organize the protest, said that renters should consider a “rent strike” and cease paying their monthly rents in a mass protest movement. “I think we the tenants have understood that this depends on us. That we can’t keep asking and making demands to the authorities and waiting for an answer. We must take the reins of the situation,” Arcarazo told the AP. “So, if they (the owners) won’t lower the rent, then we will force them to do it." The Barcelona protest came a month after tens of thousands rallied against high rents in Madrid. The rising discontent over housing is putting pressure on Spain’s governing Socialist party, which leads a coalition on the national level and is in charge of Catalonia’s regional government and Barcelona’s city hall. Spanish Prime Minister Pedro Sánchez presided over what the government termed a “housing summit” including government officials and real estate developers last month. But the Barcelona’s Tenants Union boycotted the event, saying it was like calling a summit for curing cancer and inviting tobacco companies to participate. The leading government measure has been a rent cap mechanism that the central government has offered to regional authorities based on a price index established by the housing ministry. Rent controls can be applied to areas deemed to be “highly stressed” by high rental prices. Catalonia was the first region to apply those caps, which are in place in downtown Barcelona. Many locals blame the million of tourists who visit Barcelona, and the rest of Spain, each year for the high prices. Barcelona’s town hall has pledged to completely eliminate the city’s 10,000 so called “tourist apartments,” or dwellings with permits for short-term rents, by 2028.None
US President-elect Donald Trump made it clear on Saturday that he expects BRICS member countries—Brazil, Russia, India, China, and South Africa—to refrain from creating a new currency or supporting any alternative to the US Dollar. Trump, using his Truth Social platform, demanded a commitment from these countries that they would not undermine the global dominance of the US Dollar in international trade. Trump’s warning was stark: if BRICS countries attempt to challenge the US Dollar, they will face extreme economic consequences, including a 100% tariff on goods exported to the United States. He emphasized the seriousness of his threat, writing, “We require a commitment from these countries that they will neither create a new BRICS Currency, nor back any other currency to replace the mighty US Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful US Economy.” The suggestion is that these countries would no longer be able to freely trade with the US if they pursue such initiatives. No Chance for BRICS to Replace the US Dollar In his post, Trump stated unequivocally, “There is no chance that the BRICS will replace the US Dollar in international trade, and any country that tries should wave goodbye to America.” This comment reflects his belief in the US Dollar’s unshakable status as the world’s most widely used reserve currency, an essential tool in global commerce. Despite ongoing efforts by countries like China and Russia to reduce dependence on the Dollar, Trump remains confident that such alternatives are unlikely to succeed. In recent years, the BRICS nations have been discussing ways to reduce their reliance on the US Dollar, driven by geopolitical tensions and the desire for more economic sovereignty. Among the proposals considered is the possibility of creating a shared BRICS currency or conducting trade using national currencies. While these discussions have gained attention, they have also faced skepticism about their feasibility, given the diverse economies and political interests within BRICS. Economic Independence vs. US Dominance Trump’s statement highlights the ongoing struggle between economic independence and the entrenched power of the US Dollar. While BRICS countries seek greater autonomy, particularly in the face of US sanctions and the Dollar’s role in global finance, Trump’s position underscores the United States’ determination to maintain its economic leadership on the world stage. Trump’s remarks signal potential future tensions between the US and BRICS nations if they continue to push for alternatives to the US Dollar. As global financial systems evolve, this debate over currency supremacy could lead to significant economic and diplomatic challenges for both the US and the BRICS bloc. Read More : Joe Rogan Weighs In On Claims Sean ‘Diddy’ Combs ‘Poisoned’ Jamie FoxxNEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Value Line, Inc., VALU reported financial results for the second fiscal quarter ended October 31, 2024. During the six months ended October 31, 2024, the Company's net income of $11,572,000, or $1.23 per share, was 38.6% above net income of $8,347,000, or $0.89 per share, for the six months ended October 31, 2023. The Company's revenues of $8,871,000 from its non-voting revenues interest in EAM and non-voting profits interest in EAM increased $3,019,000 or 51.6% above the prior fiscal year. During the six months ended October 31, 2024, the Company's total investment gains of $2,895,000 compared to a loss of $324,000 in the prior fiscal year. During the three months ended October 31, 2024, the Company's net income of $5,685,000, or $0.60 per share, was 63.0% above net income of $3,488,000, or $0.37 per share, for the three months ended October 31, 2023. The Company's revenues of $4,630,000 from its non-voting revenues interest in EAM and non-voting profits interest in EAM increased $1,635,000 or 54.6% above the prior fiscal year. During the three months ended October 31, 2024, the Company's total investment gains of $1,186,000 compared to a loss of $1,079,000 in the prior fiscal year. Retained earnings at October 31, 2024, were $110,170,000, an increase of 5.7% compared to retained earnings at April 30, 2024. Shareholders' equity reached $96,715,000 at October 31, 2024, an increase of 6.5% from the shareholders' equity of $90,793,000 as of April 30, 2024. The Company's quarterly report on Form 10-Q has been filed with the SEC and is available on the Company's website at www.valueline.com/About/corporate_filings.aspx . Shareholders may receive a printed copy, free of charge upon request to the Company at the address above, Attn: Corporate Secretary. Value Line, Inc. is a leading New York based provider of investment research. The Value Line Investment Survey is one of the most widely used sources of independent equity investment research. Value Line also publishes a range of proprietary investment research in both print and digital formats including research in the areas of Mutual Funds, ETFs and Options. Value Line's acclaimed research also enables the Company to provide specialized products such as Value Line Select, The Value Line Special Situations Service, Value Line Select ETFs, Value Line Select: Dividend Income & Growth, The New Value Line ETFs Service, The Value Line M&A Service, Information You Should Know Wealth Newsletter , The Value Line Climate Change Investing Service and certain Value Line copyrights, distributed under agreements including certain proprietary ranking system information and other proprietary information used in third party products. Value Line's products are available to individual investors by mail, at www.valueline.com or by calling 1-800-VALUELINE or 1-800-825-8354, while institutional-level services for professional investors, advisers, corporate, academic, and municipal libraries are offered at www.ValueLinePro.com , www.ValueLineLibrary.com and by calling 1-800-531-1425. Cautionary Statement Regarding Forward-Looking Information In this report, "Value Line," "we," "us," "our" refers to Value Line, Inc. and "the Company" refers to Value Line and its subsidiaries unless the context otherwise requires. This report contains statements that are predictive in nature, depend upon or refer to future events or conditions (including certain projections and business trends) accompanied by such phrases as "believe", "estimate", "expect", "anticipate", "will", "intend" and other similar or negative expressions, that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995, as amended. Actual results for Value Line, Inc. ("Value Line" or "the Company") may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to the following: maintaining revenue from subscriptions for the Company's digital and print published products; changes in investment trends and economic conditions, including global financial issues; changes in Federal Reserve policies affecting interest rates and liquidity along with resulting effects on equity markets; stability of the banking system, including the success of U.S. government policies and actions in regard to banks with liquidity or capital issues, along with the associated impact on equity markets; continuation of orderly markets for equities and corporate and governmental debt securities; problems protecting intellectual property rights in Company methods and trademarks; protecting confidential information including customer confidential or personal information that we may possess; dependence on non-voting revenues and non-voting profits interests in EULAV Asset Management, a Delaware statutory trust ("EAM" or "EAM Trust"), which serves as the investment advisor to the Value Line Funds and engages in related distribution, marketing and administrative services; fluctuations in EAM's and third party copyright assets under management due to broadly based changes in the values of equity and debt securities, market sector variations, redemptions by investors and other factors; possible changes in the valuation of EAM's intangible assets from time to time; possible changes in future revenues or collection of receivables from significant customers; dependence on key executive and specialist personnel; risks associated with the outsourcing of certain functions, technical facilities, and operations, including in some instances outside the U.S.; competition in the fields of publishing, copyright and investment management, along with associated effects on the level and structure of prices and fees, and the mix of services delivered; the impact of government regulation on the Company's and EAM's businesses; federal and/or state legislative changes that might affect Value Line's business; the availability of free or low cost investment information through discount brokers or generally over the internet; the economic and other impacts of global political and military conflicts; continued availability of generally dependable energy supplies and transportation facilities in the geographic areas in which the company and certain suppliers operate; terrorist attacks, cyber attacks and natural disasters; the need for changes in our business plans because of unexpected events that occur; widespread illnesses which may drastically affect markets, employment, and other economic conditions, and may have additional unpredictable impacts on employees, suppliers, customers, and operations; changes in prices and availability of materials and other inputs and services, such as freight and postage, required by the Company; other risks and uncertainties, including but not limited to the risks described in Part I, Item 1A, "Risk Factors" of the Company's Annual Report on Form 10-K for the year ended April 30, 2024 and in Part II, Item 1A of the Quarterly Report on Form 10-Q for the period ended October 31, 2024; and other risks and uncertainties arising from time to time. These factors are not necessarily all of the important factors that could cause actual results to differ materially from those expressed in any of our forward-looking statements. Other unknown or unpredictable factors which may involve external factors over which we may have no control could also have material adverse effects on future results. Likewise, changes we make in our plans, objectives, strategies, or intentions, which may occur at any time in our discretion, could also have material favorable or adverse effects on our future results. Except as otherwise required to be disclosed in periodic reports required to be filed by public companies with the SEC pursuant to the SEC's rules, we have no duty to update these statements, and we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks and uncertainties, current plans, anticipated actions, and future financial conditions and results may differ from those expressed in any forward-looking information contained herein. www.val u eline.com www.ValueLinePro.com , www.ValueLineLibrary. c om Facebook | LinkedIn | Twitter Complimentary Value Line® Reports on Dow 30 Stocks © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Thiruvananthapuram: Kerala Chief Minister Pinarayi Vijayan on Saturday claimed that the results of the Assembly by-elections demonstrate continued public support for the LDF government and confirm its legitimacy and approval. Hours after the results of the bypolls held for the Wayanad Lok Sabha seat and two Assembly constituencies were announced, he said the people of Chelakkara had delivered a resounding victory to the Left Democratic Front, undeterred by organised propaganda and political attacks. “The Assembly by-election results have further solidified public support for and recognition of the LDF government, with the people of Chelakkara constituency delivering a decisive victory to the Left Democratic Front, despite organised propaganda and attacks,” he said in a statement. In the Palakkad Assembly seat, more voters supported the LDF compared to previous elections, Vijayan said. This mandate will provide renewed energy to advance development and welfare initiatives more vigorously in the coming days. He further emphasised that the LDF received secular votes in opposition to all forms of communalism. The message conveyed by the election results is the necessity to expose communalism and uphold secular politics without compromise, the CM stated. The results clearly show that the anti-government sentiment campaign had no impact on the people, who rejected the controversial and false narratives, he said. The CM claimed that while the UDF managed to retain Palakkad with the backing of communal forces, the LDF saw an increase in its votes compared to previous elections. The people rejected the BJP’s claims, particularly their assertion following their victory in Thrissur in the Lok Sabha elections, and their temporary gains will not lead to a lasting movement in Kerala, he added. The Chief Minister congratulated the winners of the Assembly by-elections and the Wayanad Lok Sabha by-poll and extended greetings to all those who voted for the LDF. Both the LDF and the UDF retained the Chelakkara and Palakkad Assembly seats respectively with a comfortable margin in the bypolls. The Congress won the Wayanad Lok Sabha seat with a thumping margin.Kosovo arrests blast suspects, Serbia denies involvement
Unlock Your Dream Job: Most Popular Data Science Employers in the USRetailers coax Black Friday shoppers into stores with big discounts and giveaways NEW YORK (AP) — Retailers in the U.S. have used giveaways and bigger-than expected discounts to reward shoppers who ventured out on Black Friday. The day after Thanksgiving still reigns for now as the unofficial kickoff of the holiday shopping season even if it’s lost some luster. Analysts reported seeing the biggest crowds at stores that offered real savings. They say many shoppers are being cautious with their discretionary spending despite the easing of inflation. Stores are even more under the gun to get shoppers in to buy early and in bulk since there are five fewer days between Thanksgiving and Christmas this year. Online sales figures from Thanksgiving Day gave retailers a reason to remain hopeful for a lucrative end to the year. Southwest Airlines says it is ending cabin service earlier to reduce chance of injury Southwest Airlines is ending its cabin service earlier starting next month. Beginning on Dec. 4, a company spokesperson says flight attendants will begin preparing the cabin for landing at an altitude of 18,000 feet instead of 10,000 feet. The company says it's making the changes to reduce the risk of in-flight turbulence injuries. For passengers, that means they will need to return their seats to an upright position or do other pre-landing procedures earlier than before. While turbulence-related fatalities are quite rare, injuries have piled up over the years. Why your favorite catalogs are smaller this holiday season PORTLAND, Maine (AP) — While retailers hope to go big this holiday season, customers may notice that the catalogs arriving in their mailboxes are smaller. Many of the millions of catalogs getting sent to U.S. homes were scaled down to save on postage and paper. Some gift purveyors are sending out postcards. In a sign of the times, the American Catalog Mailers Association rebranded itself in May as the American Commerce Marketing Association. Despite no longer carrying an extended inventory of goods, industry experts say catalogs help retailers cut through the noise and still hold their own in value because of growing digital advertising costs. Canada's Trudeau returns home after Trump meeting without assurances that tariffs are off the table WEST PALM BEACH, Fla. (AP) — Canadian Prime Minister Justin Trudeau is returning home after his meeting with Donald Trump without assurances the president-elect will back away from threatened tariffs on all products from the major American trading partner. Trump says the dinner talks Friday night at his Mar-a-Lago club in Florida were “productive.” But he signaling no retreat from a pledge that Canada says unfairly lumps it in with Mexico over the flow of drugs and migrants into the United States. Trudeau spoke of “an excellent conversation” but offered no details. Trump said in a Truth Social post later Saturday that they discussed “many important topics that will require both Countries to work together to address.” Trump and Republicans in Congress eye an ambitious 100-day agenda, starting with tax cuts WASHINGTON (AP) — Republicans swept to power on Election Day and now control the House, the Senate and the White House, with plans for an ambitious 100-day agenda come January. Their to-do list includes extending tax breaks, cutting social programs, building the border wall to stop immigration and rolling back President Joe Biden's green energy policies. Atop that list is a plan to renew some $4 trillion in expiring tax cuts that were a signature domestic achievement of Republican Donald Trump’s first term as president. It's an issue that may define his return to the White House. The ruble's in a slump. For the Kremlin, that's a two-edged sword Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under control with one hand even as it overheats the economy with spending on the war against Ukraine with the other. Over time a weaker ruble could mean higher prices for imports from China, Russia's main trade partner these days. President Vladimir Putin says things are under control. One wild card is sanctions against a key Russian bank that have disrupted foreign trade payments. If Russia finds a workaround for that, the ruble could regain some of its recent losses. Iceland votes for a new parliament after political disagreements force an early election REYKJAVIK, Iceland (AP) — Icelanders are electing a new parliament after disagreements over immigration, energy policy and the economy forced Prime Minister Bjarni Benediktsson to pull the plug on his coalition government and call early elections. This will be Iceland’s sixth general election since the 2008 financial crisis devastated the economy of the North Atlantic island nation and ushered in a new era of political instability. Opinion polls suggest the country may be in for another upheaval, with support for the three governing parties plunging. Benediktsson, who was named prime minister in April following the resignation of his predecessor, struggled to hold together the unlikely coalition of his conservative Independence Party with the centrist Progressive Party and the Left-Green Movement. Massachusetts lawmakers push for an effort to ban all tobacco sales over time BOSTON (AP) — A handful of Massachusetts lawmakers are hoping to persuade their colleagues to support a proposal that would make the state the first to adopt a ban meant to eliminate the use of tobacco products over time. Other locations have weighed similar “generational tobacco bans.” The bans phase out the use of tobacco products based not just on a person's age but on birth year. Lawmakers plan to file the proposal next year. If approved, the bill would set a date and ban the sale of tobacco to anyone born after that date forever, eventually banning all sales. Vietnam approves $67 billion high-speed railway project between Hanoi and Ho Chi Minh city HANOI, Vietnam (AP) — Vietnam has approved the construction of a high-speed railway connecting the capital Hanoi in the north with the financial capital of Ho Chi Minh in the south. It is expected to cost $67 billion and will stretch 1,541 kilometers (957 miles). The new train is expected to travel at speeds of up to 350 kph (217 mph), reducing the journey from the current 30 hours to just five hours. The decision was taken by Vietnam’s National Assembly on Saturday. Construction is expected to begin in 2027 and Vietnam hopes that the first trains will start operating by 2035. But the country has been beleaguered by delays to its previous infrastructure projects. Inflation rose to 2.3% in Europe. That won't stop the central bank from cutting interest rates FRANKFURT, Germany (AP) — Inflation in the 20 countries that use the euro currency rose in November — but that likely won’t stop the European Central Bank from cutting interest rates as the prospect of new U.S. tariffs from the incoming Trump administration adds to the gloom over weak growth. The European Union’s harmonized index of consumer prices rose 2.3 percent, up from 2.0% in October, according to EU statistics agency Eurostat. However, worries about growth mean the Dec. 12 ECB meeting is not about whether to cut rates, but by how much. Market buzz says there could be a larger than usual half-point cut in the benchmark rate, currently 3.25%.
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Trump aims to appoint son-in-law’s father as US ambassador to FranceTaytay, Rizal Vice Mayor Sophia "Pia" Cabral wanted to become a doctor, but God has other plans for her — and that's to serve other people through public service. She now feels that her calling and the desire to help people have converged. Cabral, in an interview on DAILY TRIBUNE's digital show Straight Talk over the weekend, said that she never thought about ending up in public service despite being the chairperson of the Sangguniang Kabataan at 15 and a councilor at 18. "I started in 2010 as SK (Sangguniang Kabataan) chairman in our barangay," the 29-year-old vice mayor recalled. "My priority or goal is to become a doctor, not to go into politics full-time," she added. Cabral took examinations from several universities for pre-med courses but her parents convinced her to enter the University of the Philippines (UP) after passing the College Admission Test but for a different course. "My parents urged me to try UP since I am an SK chairman which made me eligible to become a scholar in a public or state university," Cabral said. "The family subjected it to a vote and UP was the pick of the majority but I was then intent on pursuing a medical degree, so I cried. What will I do at UP studying another course?" she added. Cabral said she took up an associate degree program at the University of the Philippines Open University and later she took up public administration. "I prayed that if public service is my destiny and I would not be a doctor, I would still be able to help people with their health needs through endorsement, which I am now providing through medical assistance programs of the Department of Social Welfare and Development or the Department of Health," she said. Passion, fulfillment "So, there is a sense of fulfillment. So, I'm very passionate about what I am doing now," the talented politician added. Cabral said she enjoys serving other people, particularly her fellow Taytayeños. She said that pandering to her sense of empathy gives her satisfaction as a Vice Mayor. "Sometimes there is a lot of stress in my work but the relief that comes after, seeing tears of joy from people who received assistance encourages me to go on," she said. Cabral said that sometimes she is mistaken for being snobbish because of her natural attribute of having a thick eyebrow. “Sometimes there are certain angles when people look at me and think that I’m actually glaring at them. Thus, I always look in the mirror to give my best impression to other people. There should always be a smile that other people can see,” Cabral mused. During her first term as municipal councilor, Cabral said that she amended the ordinances on scholarship. "We included financial assistance not only for bright students but also the needy. We wanted to help those who depend on the government for education. What happens when they fail to meet academic requirements, should they be forced to discontinue their education?" she asked. She said that the ordinance on free education now states that once students are accepted as scholars, the local government must support them until they graduate. She also shared that Taytay now has a sports complex built on 13 hectares lot that was once a dump site. "Before the end of my term as a councilor, it was very timely that I was able to talk to President Duterte and then I asked for government’s help for Taytay to have a sports facility within 13 hectares of a former dump site," she said. Sports complex on a dump site "I came up with a resolution to convert the vacant lot to a sports complex. And then I eventually told Senator Bong Go and I even went to Davao City to hand over the proposal. I told myself then that it was a long shot, and many had ridiculed the proposal of a sports complex inside a dump site. Many have said that it will not happen," she added. She said a lot of work then followed. It was a huge site development. "The place needed to be rebuilt and chemicals will have to be applied to remove the foul smell." She said the first phase of the sports was completed, with a track and field oval. "We are opening the Palarong Panlalawigan. Before, we have to go to the nearby Marikina Sports Complex for our activities," she said. The sports complex was funded by the national government during the Duterte administration, Cabral said. "It's a project from the national government that was directly allotted to Taytay. No funds were shelled out from the local government. So, it's a blessing po for us," she said. "Next project hopefully would be a coliseum so that indoor sports like basketball and volleyball can be held there," the vice mayor added. Cabral is proud to help Taytay maintain its distinction as the garment capital of the Philippines. Cabral said that many investors, including Chinese, have been putting up textile warehouses and factories in the town. "All textiles now come from Taytay. Before, it was in Manila where these are sourced. When businesses require ready-to-wear clothes (RTWs), textiles and garments, they all go to Taytay," she said. Cabral added that the town's tiangge business boomed before the pandemic and provided jobs for local residents. "Well, before the pandemic the garments industry was booming. But we have this challenge every Christmas season when illegal vendors and used clothing converge in Taytay. So, those are our competitions," she said. "It's not allowed, but it depends on the local chief executive on the implementation as those people are hard to control," the vice mayor added. Cabral said that the tiangge business in their town was so strong before the pandemic. "Before the pandemic, the tiangge was so strong. With this challenge every Christmas season, vendors compete with ukay-ukay hawkers who are the real rival of the local textile industry," she said. "It's not allowed, but it depends on the local chief executive regarding the implementation of the ban since at times, they can't control those people who suddenly appear," the vice mayor added. Cabral said that the municipal council has passed resolutions or ordinances to prevent this and to help the local textile industry. Cabral also shared that there were clamors for her to run for a higher position in the 2025 local and national elections, instead, she just focused on her job as a vice mayor. Cabral said that traffic and flooding are two big problems that badly affect the local economy but help is on the way as the youthful energy of the official is boundless.
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