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02.01.25 - 00:18
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A Roadmap For DOGE′s 30 Percent Budget Cut (ZeroHedge)
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A Roadmap For DOGE's 30 Percent Budget Cut
Authored by Nikolai Wenzel via the American Institute for Economic Research (AIER)
In a recent Wall Street Journal op-ed, Elon Musk and Vivek Ramaswamy laid out their vision for the new “Department of Government Efficiency” (DOGE) they will head within the Trump White House. They don't yet have details (part of the plan involves identifying personnel, and then inefficiencies). But the vision has a three-part approach: ”regulatory recissions, administrative reductions, and cost savings.”
With politicians it's often hard to know what is solid conviction and what is bluster for future bargaining. With Donald Trump, it's always hard to know. He wants to renew the 2017 tax cuts, which lowered income and corporate taxes until 2025... but he also wants to tax imports at 10 percent to 20 percent (and 60 percent for China), which is the equivalent of a consumption tax on an American economy that is hungry for imported goods. Mr. Trump wants to ...
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01.01.25 - 19:15
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End Of An Era: Ukraine Halts Transit Of Russian Gas To Europe (ZeroHedge)
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End Of An Era: Ukraine Halts Transit Of Russian Gas To Europe
An era came to a close in Europe on the first day of 2025.
Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year's Day, marking the end of five decades of Moscow's dominance over Europe's energy markets, as well as cheap gas that kept Germany's economy humming.
The gas had kept flowing despite nearly three years of war, but Russia's gas firm Gazprom said it had stopped at 0500 GMT after Ukraine refused to renew a transit agreement as we previously noted.
According to Reuters, the widely expected stoppage is unlikely to impact prices for consumers in the European Union - unlike in 2022, when falling supplies from Russia sent prices to record highs, worsened a cost-of-living crisis and hit the bloc's competitiveness - however, that is a rather naive statement since European nat gas prices have been rising all year and closed 2024 more than doubling from their February lows. They will on...
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30.12.24 - 16:03
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Gray Renews All ABC Affiliation Agreements (GlobeNewswire EN)
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Atlanta, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) announced today that it has entered into agreements with The Walt Disney Company that extend and renew the network affiliations for all of Gray's ABC affiliated television stations across 25 markets through December 31, 2028....
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29.12.24 - 15:51
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Zelensky Charges Slovakia′s Fico With Opening "Second Energy Front" At Moscow′s Bidding (ZeroHedge)
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Zelensky Charges Slovakia's Fico With Opening "Second Energy Front" At Moscow's Bidding
Slovakia has threatened to cut off electricity to Ukraine if the Russian gas transit route halts at the end of the year, as we detailed earlier. Slovakia is greatly dependent on Russian gas, and Ukraine is not expected to renew a major energy transit contract with Russian state suppliers.
With just a few days away from the start of the new year, Slovak Prime Minister Robert Fico escalated the standoff by saying he can leverage electricity supplies to Ukraine. "After Jan. 1, we will consider the situation and the possibility of reciprocal measures against Ukraine," Fico said in a video released Friday.
"If it is unavoidable, we will stop the supply of electricity, which Ukraine urgently needs in the event of grid failures," he said. The war of words and threats is ratcheting by the day.
Given that Fico just controversially met with Putin in Moscow, the electricity threat i...
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25.12.24 - 18:54
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UK box office forecast to top £1bn in 2025 after year-on-year fall (The Guardian)
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Research firm Omdia says dip to £931m due to Hollywood strikes but wave of blockbusters likely to renew recoveryThe UK box office is forecast to surpass £1bn next year for the first time in six years, but cinema bosses still say moviegoing will not return to pre-pandemic levels until 2026.The pace of the hoped-for recovery at the box office was disrupted by the Hollywood actors' and writers' strikes last summer, which delayed the release of a number of blockbusters. Continue reading......
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23.12.24 - 12:54
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Partners Value Investments L.P. Announces Renewal of Normal Course Issuer Bids (GlobeNewswire EN)
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TORONTO, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Partners Value Investments L.P. (the “Partnership”) (TSX VENTURE: PVF) announced today that it has received approval from the TSX Venture Exchange (the “Exchange”) to renew its normal course issuer bids to purchase up to 3,521,732 of its non‐voting equity limited partnership units (the “Equity LP Units”), representing approximately 5% of its currently outstanding Equity LP Units; and to purchase up to 938,226 of its non‐voting Class A preferred limited partnership units, Series 1 (the “Preferred LP Units”), representing approximately 5% of its currently outstanding Preferred LP Units (collectively, the “Bids”). The period of the Bids will be effective from January 3, 2025 to January 2, 2026, or such earlier date that the Partnership completes its purchases....
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19.12.24 - 22:33
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Red River Bancshares, Inc. Announces Renewal of Stock Repurchase Program (GlobeNewswire EN)
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ALEXANDRIA, La., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that its board of directors approved the renewal of its stock repurchase program, which will expire on December 31, 2024. The renewed repurchase program authorizes the Company to purchase up to $5.0 million of its outstanding shares of common stock from January 1, 2025 through December 31, 2025. Blake Chatelain, the Company's President and Chief Executive Officer, said, “We are pleased to renew our stock repurchase program for 2025, which shows our continued commitment to returning excess capital to our shareholders.” Repurchases may be made from time to time in the open market at prevailing prices and based on market conditions, or in privately negotiated transactions....
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19.12.24 - 09:06
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EssilorLuxottica and Prada extend eyewear licensing agreement (Reuters EN)
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EssilorLuxottica and Prada extend eyewear licensing agreement MILAN, Dec 19 (Reuters) - Italy's Prada 1913.F and eyewear maker EssilorLuxottica ESLX.PA said on Thursday they renewed the licensing agreement for the production and worldwide distribution of eyewear under the Prada, Prada Linea Rossa and Miu Miu brands. The existing deal, set to expire at the end of 2025, will be extended to end-2030, with the provision to renew it until 2035, the two companies said in a joint statement....
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16.12.24 - 19:38
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Soccer-England in tough Women′s Euro 2025 group with France, Dutch and Wales (Reuters EN)
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UPDATE 1-Soccer-England in tough Women's Euro 2025 group with France, Dutch and Wales Updates with details Dec 16 (Reuters) - European champions E ngland will renew their rivalry with France and the Netherlands and also clash with debutants Wales in the group stage of the Women's Euro 2025 tournament after the draw was made in Lausanne, Switzerland on Monday....
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13.12.24 - 13:58
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Soccer-England to face Serbia in European qualifying for 2026 World Cup (Reuters EN)
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UPDATE 1-Soccer-England to face Serbia in European qualifying for 2026 World Cup Adds details ZURICH, Switzerland, Dec 13 (Reuters) - England will renew acquaintances with Serbia, whom they played at Euro 2024, in the European qualifying competition for the 2026 World Cup after the draw was made in Zurich on Friday. However, many teams remain in the dark over their group opponents....
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