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Lowest 30-year rate since October Lowest 30-year rate since October The 30-year fixed mortgage rate has been decreasing for two weeks, and today is no exception. According to Zillow, the average 30-year rate is down seven basis points to 6.19% — its lowest point since October. To top it off, the 20-year fixed rate has declined by eight basis points to 5.86%, and the 15-year fixed rate has fallen by 10 basis points to 5.48%. Rates are dropping just in time for spring home-buying season, but there’s no guarantee they’ll stay low. It could be a good time to start shopping for mortgage lenders and real estate agents. Have questions about buying, owning, or selling a house? Submit your question to Yahoo’s panel of Realtors using this Google form. Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 6.19% 20-year fixed: 5.86% 15-year fixed: 5.48% 5/1 ARM: 5.97% 7/1 ARM: 5.98% 30-year VA: 5.66% 15-year VA: 5.13% 5/1 VA: 5.83% Remember, these are the national averages and rounded to the nearest hundredth. Learn more: Here’s how mortgage rates are determined These are today’s mortgage refinance rates, according to the latest Zillow data: 30-year fixed: 6.25% 20-year fixed: 5.89% 15-year fixed: 5.53% 5/1 ARM: 6.11% 7/1 ARM: 6.32% 30-year VA: 5.68% 15-year VA: 5.40% 5/1 VA: 5.91% 30-year FHA: 5.96% 15-year FHA: 5.24% Again, the numbers provided are national averages rounded to the nearest hundredth. Mortgage refinance rates are often higher than rates when you buy a house, although that’s not always the case. Use Yahoo Finance’s free mortgage calculator to see how various interest rates and term lengths will impact your monthly mortgage payment. It also shows how the home price and down payment amount play into things. Our calculator includes homeowners insurance and property taxes in your monthly payment estimate. You even have the option to enter costs for private mortgage insurance (PMI) and homeowners’ association dues if those apply to you. These details result in a more accurate monthly payment estimate than if you simply calculated your mortgage principal and interest. There are two main advantages to a 30-year fixed mortgage: Your payments are lower, and your monthly payments are predictable. A 30-year fixed-rate mortgage has relatively low monthly payments because you’re spreading your repayment out over a longer ******* of time than with, say, a 15-year mortgage. Your payments are predictable because, unlike with an adjustable-rate mortgage (ARM), your rate isn’t going to change from year to year. Most years, the only things that might affect your monthly payment are any changes to your homeowners insurance or property taxes. The main disadvantage to 30-year fixed mortgage rates is mortgage interest — both in the short and long term. A 30-year fixed term comes with a higher rate than a shorter fixed term, and it’s higher than the intro rate to a 30-year ARM. The higher your rate, the higher your monthly payment. You’ll also pay much more in interest over the life of your loan due to both the higher rate and the longer term. The pros and cons of 15-year fixed mortgage rates are basically swapped from the 30-year rates. Yes, your monthly payments will still be predictable, but another advantage is that shorter terms come with lower interest rates. Not to mention, you’ll pay off your mortgage 15 years sooner. So you’ll save potentially hundreds of thousands of dollars in interest over the course of your loan. However, because you’re paying off the same amount in half the time, your monthly payments will be higher than if you choose a 30-year term. Dig deeper: 15-year vs. 30-year mortgages Adjustable-rate mortgages lock in your rate for a predetermined amount of time, then change it periodically. For example, with a 5/1 ARM, your rate stays the same for the first five years and then goes up or down once per year for the remaining 25 years. The main advantage is that the introductory rate is usually lower than what you’ll get with a 30-year fixed rate, so your monthly payments will be lower. (Current average rates don’t reflect this, though — fixed rates are actually lower. Talk to your lender before deciding between a fixed or adjustable rate.) With an ARM, you have no idea what mortgage rates will be like once the intro-rate ******* ends, so you risk your rate increasing later. This could ultimately end up costing more, and your monthly payments are unpredictable from year to year. But if you plan to move before the intro-rate ******* is over, you could reap the benefits of a low rate without risking a rate increase down the road. Learn more: Adjustable-rate vs. fixed-rate mortgage The national average 30-year mortgage rate is 6.19% right now, according to Zillow — its lowest point since October. But keep in mind that averages can vary depending on where you live. For example, if you’re buying in a city with a high cost of living, rates could be even higher. Mortgage rates will probably decrease by the end of 2025. However, any declines will likely be gradual. Mortgage rates have been dropping for the last weeks, but these probably won’t turn into long-term, drastic decreases. In many ways, securing a low mortgage refinance rate is similar to when you bought your home. Try to improve your credit score and lower your debt-to-income ratio (DTI). Refinancing into a shorter term will also land you a lower rate, though your monthly mortgage payments will be higher. Source link #Lowest #30year #rate #October Pelican News View the full article at [Hidden Content]

South Korean fighter jet accidentally drops bombs, injuring 8 people – The Associated Press South Korean fighter jet accidentally drops bombs, injuring 8 people – The Associated Press South Korean fighter jet accidentally drops bombs, injuring 8 people The Associated PressSeven injured after SK fighter jet accidentally drops bombs BBC.comSouth Korean Fighter Jets Mistakenly Bomb Village, Leaving 7 Injured The New York TimesFighter jet accidentally bombs village, injuring seven, during South Korea military drill The GuardianSouth Korean fighter jets accidentally bomb homes, injuring 15 civilians CNN Source link #South #Korean #fighter #jet #accidentally #drops #bombs #injuring #people #Press Pelican News View the full article at [Hidden Content]

George Russell on partnering Lewis Hamilton, Max Verstappen and how he believes ‘my time will come’ George Russell on partnering Lewis Hamilton, Max Verstappen and how he believes ‘my time will come’ George Russell looks you in the eye and oozes self-belief as he describes how he feels as heads into his seventh season in Formula 1, his first as effective leader of the Mercedes team. “I know my time will come,” the 27-year-old Briton says. “And I’ve just got to ensure that I keep on performing. And whether it’s this year or next year, it’ll come. “And if I keep delivering those results, as I did over these last three years against the best driver of all time, I believe I will get myself in the fight and hopefully a world championship to my name.” Russell’s self-confidence is deeply held, and has been there for as long as he has been racing. But it has been nurtured by the time he spent at Mercedes as team-mate to Lewis Hamilton. Last year, Russell became the first driver in Hamilton’s 18-year career to comprehensively beat the seven-time champion in qualifying over a full season. The head-to-head score was 19-five to Russell, at an average advantage of 0.171 seconds a lap. And over their three years together since 2022, Russell finished ahead in the championship in two of them. There are caveats – not least that Hamilton’s final year at Mercedes came after he had told the team he was leaving them for Ferrari at the end of it. But, as Russell puts it in an exclusive interview with BBC Sport: “The results speak for themselves. And I don’t have anything I need to prove or show. “I am proud of the results I’ve achieved going up against somebody like Lewis. “At the end of 2021, statistically and in terms of perception, Lewis was the greatest of all time. And I’ve had three years against the greatest of all time, and I finished ahead of him two out of the three years I had as team-mates. And finished ahead more times in ‘quali’ and more times in the race. “If this was a different time or a different era, if you finish ahead of Lewis Hamilton, you’re a world champion.” Source link #George #Russell #partnering #Lewis #Hamilton #Max #Verstappen #believes #time Pelican News View the full article at [Hidden Content]

Insurance Commission romps to bumper profit, renews concern on public servant mental health claims Insurance Commission romps to bumper profit, renews concern on public servant mental health claims The State Government’s insurer said the $324.8m first-half profit easily bettered its budget projections and the $154.5m made for the same ******* in 2023. Source link #Insurance #Commission #romps #bumper #profit #renews #concern #public #servant #mental #health #claims Pelican News View the full article at [Hidden Content]

How to ******* Armored Vans in Fortnite Chapter 6 Season 2 How to ******* Armored Vans in Fortnite Chapter 6 Season 2 Fortnite’s Chapter 6 Season 2, titled ‘Lawless,’ is themed around crime. It features locations like Crime City, Lonewolf Lair, Shiny Shafts, and Outlaw Oasis, and players can currently have a GTA-like experience while exploring around the map and being a menace. Fortnite’s latest season offers a GTA-like experience. Image Credit: Epic Games The new season has a lot of exciting things to offer, including heist-like activities where players would be able to rob banks, armored trains, and cars. The new season also offers new weapons that will help you in your attempt to ******* vehicles in the game. It is not that complicated to ******* vehicles; here is how. Best method to ******* Armored Vans in Fortnite quickly Always keep the right equipment with you during heists. Image Credit: Epic Games ********** Armored Vans in Fortnite is not as complicated as it might appear at first glance. All you need is the right mindset, map awareness, and thermite explosives. There are also a lot of new weapons and skins in Chapter 6 Season 2. Adaptability is essential for a successful loot Adaptability is the key to securing the loot successfully. There will be a lot of roadblocks in the way, and you would need to be vigilant and ready to adapt to the ever-changing situations in real time. Do not forget to carry thermal explosives These explosives are specifically added to make looting easier for you. These are necessary to burst open the back door of the van carrying essential loot items. Be extra cautious of NPCs and other players Armored vans will mostly be surrounded by a lot of other players aiming for the loot just like you. Even the vans will have guards who will try their best to stop you from securing the loot. Strategize your moves and be ready to adapt to the sudden changes. Blow open the back door with explosives and escape There are two ways you can approach this. One will be to kill the guards and the other surrounding enemies, and just blow open the doors and secure the loot. The other method would be to take charge of the driving seat and steal the entire vehicle. It will still need to be blown through. So carrying the right equipment is the most important thing while approaching these vehicles. Without a thermal bomb it would be really difficult to open the van. Where to find Armored Vans in Fortnite Armored vans are relatively easier to locate. Image Credit: Epic Games Locating these armored vans is the easier part. They will start appearing on the map after the second storm circle closes. Keep an eye out for white truck icons on the map to locate them successfully. They will always be on the road, so it would be better to be near roads. These vehicles will spawn at various locations and will keep encircling the entire map through the extensive road network. It would be beneficial to stay in the center of the map and around roads to easily spot them and secure an early loot. Along with armored vans, players can also loot banks and armored trains. This season, embrace your inner thief and go out there to find creative ways to approach **********. How do you approach **********? Let us know in the comments below. Source link #******* #Armored #Vans #Fortnite #Chapter #Season Pelican News View the full article at [Hidden Content]

‘It was not just one’ ‘It was not just one’ Researchers from the University of Georgia studied animals for two years in Namibia, Africa, and found that the presence of humans was causing many of them to change their behaviors. According to Earth.com, researchers placed cameras at waterholes and looked at their behavior before tourists were present, while they were present, and after they left. What’s happening? When people were around, the study observed animals coming to the waterhole earlier than they previously were or coming to them later. Jessy Patterson, study lead and doctoral candidate at the University of Georgia, said: “It was not just one species that altered their behavior.” The study focused on the African lion, brown hyena, ******-backed jackal, and spotted hyena. These predators typically frequent waterholes and hunt at night, but they started visiting the waterholes during the day. They likely were not used to people at the waterholes at night, which shifted their behavior. As predator species changed their habits, so did the prey species, including mountain zebra, plains zebra, springbok, and duiker. These species were shifting their routines to avoid their predators. Since these predators came out during the day, they started visiting the waterholes at night. Watch now: Giant snails invading New York City? Not all herbivore species changed their routines, though. The animals that didn’t change their behavior are at greater risk to predator species because they are out when the carnivores are. Why is animals changing their habits concerning? Some herbivores being out when their predators are out could change the population dynamics between the two, affecting the ecosystem. According to National Geographic, when the Yellowstone Park wolves were eradicated due to hunting, the elks overgrazed because they didn’t have their main predator. This had a domino effect on the ecosystem: Smaller animals, such as rabbits and mice, had nowhere to hide from predators, and their population declined. The elks even ate the berries that the Grizzly bears relied on. The study published in the Journal of Zoology isn’t the only research showing animals changing routines due to humans. Mountain lions in LA are also changing their habits due to increased levels of hikers, joggers, and cyclists. What’s being done about wildlife changing their habits? According to Earth.com, tourism is a big part of protecting wildlife, but as this study shows, tourism also impacts animals. It’s essential to strike a balance between the two. Tourism will only grow, so scientists and conservationists must find ways for eco-tourism and wildlife to coexist. One way you can help is to vacation responsibly. This means following the safety rules of national parks, which are there for your safety and the animals’ safety and will likely evolve as scientists learn more about wildlife’s changing behavior around humans. Join our free newsletter for good news and useful tips, and don’t miss this cool list of easy ways to help yourself while helping the planet. Source link Pelican News View the full article at [Hidden Content]

CFIT publishes blueprint for digital company business IDs CFIT publishes blueprint for digital company business IDs The government-backed Centre for Finance, Innovation and technology (CFIT) has outlined its plan to fight economic crime through digital business IDs. Digital IDs for business will improve business efficiency, security and trust, according to the CFIT, which was launched in February 2023 with £5.5m funding in response to a report into *** fintech carried out by WorldPay chairman Ron Kalifa in 2021. The organisation has published its blueprint for the plans it first announced in December. At the time, chancellor Rachel Reeves said she would “consider any findings that emerge from CFIT’s work”. The business IDs will consolidate information about companies in one trusted place, easing the process of accessing finance for them and streamlining compliance costs. CFIT said they will reduce regulatory and administrative burdens for businesses, particularly SMEs, and financial institutions could see compliance costs reduce by £1.7bn a year. It said the IDs, which it likens to digital passports for businesses, will also help reduce the annual £6.8bn cost of fraud. Fraud, it said, will be reduced directly “through unified and secure data sharing that will disrupt fraud networks and close exploitable gaps” and indirectly “by enabling financial institutions to redeploy compliance savings into strengthening anti-fraud efforts”. Emma Reynolds MP, economic secretary at HM Treasury, said: “The ***’s leading financial services sector is key to driving growth and putting money in people’s pockets through the Plan for Change. CFIT’s work in countering fraud demonstrates the ***’s position as an innovator within the global financial ecosystem. I look forward to considering the coalition’s findings as part of our range of work to grow the sector.” Charlotte Crosswell, chair at the CFIT, said the organisation has brought together “some of the brightest industry minds to work together and find solutions to reduce the fast-rising, multi-billion-pound annual cost of fraud to the economy”. “Access to verified, authenticated and centralised data sharing through Digital Company ID would help to dismantle systemic barriers, close the loopholes exploited by fraudsters, reduce compliance costs for banks and transform the business landscape in the ***,” she added. Elyn Corfield, Lloyds Bank CEO for business and commercial banking, said: “The coalition has proven that digitising how banks undertake know your customer obligations will help to make compliance checks more user-friendly for small businesses and support the ***’s fight against financial crime.” Jordan Shwide, general manager at Monzo Business, added: “Driving innovation and supporting initiatives that make life easier for SMEs is in our DNA – so we’re incredibly excited to be at the forefront of delivering a Digital Company ID solution. This will enable quicker access to financial services for legitimate businesses and ensure that key business information lives in one place. This will also make it harder for fraudsters to set up fake companies and ultimately help to prevent people falling victim to fraud.” The CFIT blueprint makes seven recommendations: Develop a prototype for digital company ID: The CFIT, in collaboration with industry, should launch and test a fully functional Digital Company ID prototype, preferably with the support of FCA Innovation services. Enable reciprocal and secure data sharing: The government should consider mandating all relevant organisations across the ecosystem to share data on economic crime, via Digital Company ID. Appoint a lead authority: To address market coordination failures, the government should consider appointing a responsible body to oversee implementation and governance. Promote standards for interoperability: CFIT should work with industry to establish standards that ensure interoperability, accountability and secure adoption of Digital Company ID. Create a multi-stakeholder taskforce: Establish a taskforce to identify, prioritise and develop high-value use cases for Digital Company ID within financial services. Review the regulatory framework: Policymakers, working closely with industry, must review the regulatory framework for Digital Company ID ensuring it is fit for purpose. Drive market confidence through government adoption: Government departments should lead by example, adopting Digital Company ID for critical interactions such as procurement, tax filings and confirmation statement submissions. Source link #CFIT #publishes #blueprint #digital #company #business #IDs Pelican News View the full article at [Hidden Content]

Trump Grants One-Month Exemption For U.S. Automakers From New Tariffs On Imports From Mexico, Canada – HuffPost Trump Grants One-Month Exemption For U.S. Automakers From New Tariffs On Imports From Mexico, Canada – HuffPost Trump Grants One-Month Exemption For U.S. Automakers From New Tariffs On Imports From Mexico, Canada HuffPostFacing market pressure and GOP pushback, Trump delays auto tariffs CNNAutomakers get 1-month tariff exemption, White House says Fox BusinessTrump grants one-month exemption for US automakers from new tariffs on imports from Mexico, Canada The Associated PressFord, GM, Stellantis granted 1-month tariff exemption after call with Trump Yahoo Finance Source link #Trump #Grants #OneMonth #Exemption #U.S #Automakers #Tariffs #Imports #Mexico #Canada #HuffPost Pelican News View the full article at [Hidden Content]

Chemena Kamali of Chloé: The Queen of the Blouse Chemena Kamali of Chloé: The Queen of the Blouse On the second floor of a 19th-century villa near the Bois de Boulogne, overlooking a garden housing a child’s trampoline and various plastic scooters, there is a room filled with blouses. Hundreds of blouses. Lace blouses from the Victorian era and big-shouldered blouses from the 1980s. Blouses in paisley and leopard print. Blouses with familiar pedigrees — Ungaro, Yves Saint Laurent, Giorgio di Sant’ Angelo — and blouses with no pedigree at all. A rainbow of blouses arranged according to color on six clothing racks. Welcome to the mind — or, rather, the home office — of Chemena Kamali, the creative director of Chloé. If you want to understand how, in only two seasons, she transformed Chloé from an earnest but increasingly minor women’s wear house into one of fashion’s hottest labels, not to mention the uniform of cool girls like Suki Waterhouse and Sienna Miller (and, during her run for president, Kamala Harris), you have to understand Ms. Kamali’s obsession with the blouse. She has been collecting them for 25 years and has more than 1,500 blouses: at her parents’ home in Germany, in storage in France, almost 500 in her house alone. For her, the blouse — that relatively unappreciated top, redolent of school uniforms, Edwardian nannies and 1970s career girls that lost its primacy of place in the woman’s wardrobe to the T-shirt decades ago — is actually the Platonic ideal of a garment. “The evolution of the blouse is the evolution of femininity in a way, and the evolution of fashion,” Ms. Kamali said recently, tucked into one of the two giant leather chairs in her office. Aside from the blouses, a big modular desk from the 1980s and some pottery and family tchotchkes are the only objects in the room. She and her husband, Konstantin Wehrum, and their two sons, ages 3 and 5, moved into the house when she got the job at Chloé last year — they had been on their way to California — and she has not had a lot of time to unpack. “Historically, the blouse was a man’s undergarment,” she said. When she talks about something she loves, you can hear her working through her ideas in real time: “Then, in Victorian times, the blouse became feminized. Postwar, it got more tailored. In the 1970s, again, more fluid, and in the ’80s, more powerful. It can be formal and strict or playful and romantic. It reflects personalities. It reflects all of the things that make us who we are as women.” That’s a lot of meaning to load onto a garment, but to Ms. Kamali, the blouse is not just a bit of fabric with buttons. The Shirt on Her Back No one wears a blouse better than Ms. Kamali, not even converts like Karlie Kloss and Liya Kebede, who have begun to line the Chloé front rows in her lacy tops and wooden platforms. Ms. Kamali’s typical uniform starts with a Chloé blouse of her own design or one from her collection, often in an aged ivory with a touch of embroidery to lend it a vaguely bohemian air. “A blouse is so much easier than a dress,” she said. She pairs them with high-waist Chloé jeans, shredded at the hem, white Chloé high-top sneakers and a tangle of necklaces, some new, some sourced at the same vintage markets where she finds her blouses. With waist-length brown hair parted in the center and framing a face that seems makeup free, it creates a vibe that is both Venice Beach hippie — even though Ms. Kamali grew up mostly in Dortmund, Germany — and efficient. If Stevie Nicks had a day job at a venture capital fund, she might look like this. “She’s aspirational,” said the actress Rashida Jones, who met Ms. Kamali a year ago. “But it doesn’t feel unattainable. It feels grounded.” Kaia *******, who has modeled for Ms. Kamali and wears her clothes off the runway, put it this way: “Chemena herself is a testament to holding your power without having to adhere to the judgments society makes about women based on the way they dress.” Ms. Kamali, 43, started collecting blouses in 2003, which was around the time she got her first job at Chloé. She knew she wanted to be a designer when she was a child, and in Germany, she said, that meant being like Karl Lagerfeld, the most famous ******* designer, who was then at Chloé. She went to the University of Applied Sciences in Trier, Germany, and talked her way into Chloé as an intern during the Phoebe Philo era. “The first designer piece I ever bought, actually, was at the company’s employee ***** for 50 euros,” she said, pointing to a white T-shirt with a “necklace” of silver teardrops woven into the front. “That’s when my vintage obsession started, because I remember members of the team coming back from trips with big duffel bags and unpacking treasures they’d found. I realized how certain source pieces can trigger a creative process that can flow into the concept of a collection.” She got a degree from Central Saint Martins, worked at Alberta Ferretti; Chloé again, under Clare Waight Keller; and then Saint Laurent before returning to Chloé in the top job. But wherever she went, Ms. Kamali kept buying blouses. She does not buy, as many collectors do, for historic or material value but rather according to details that catch her eye — “the volume or the construction of the sleeve or yoke.” As a result, her pieces are not forbiddingly expensive. They range from “super cheap to maybe $700,” she said, though the average is about $300. She sources them from eBay, vintage fairs like A Current Affair in Los Angeles and what has turned into an extended network of vintage dealers. “You go to a store, you go to a market and you meet this person who says, ‘OK, you want more of this, I have some stuff in my basement,’” she said. “Then, connecting to this community, this group of obsessive people all about the rare find, becomes an addiction.” It also made her perfect for Chloé. All Blouses All the Time The blouse is such an important part of the Chloé aesthetic that when the Jewish Museum in New York held the first major retrospective devoted to Chloé in 2023, it dedicated an entire room to the blouse. As a garment, it encapsulates the easy-breezy-feminine tone set by the founder, Gaby Aghion, in 1952, and was replicated to varying extents by the designers who came after, including Mr. Lagerfeld, Stella McCartney, Ms. Keller and Gabriela Hearst. But while they all made blouses, none made them as central to their aesthetic as Ms. Kamali had. It is the way “she connects to the fundamental values of the house,” said Philippe Fortunato, the chief executive of the fashion and accessories maisons at Richemont, the Swiss conglomerate that owns Chloe. Indeed, Ms. Kamali’s first collection for Chloé was built around a blouse. Specifically, a piece Karl Lagerfeld designed for Chloé with a ****** capelet of sorts built into the top. The blouse, she said, got her “thinking about how the cape is an iconic piece in Chloé’s history.” Just as the lace in a Victorian blouse had inspired the lacy tiers of the last collection, which were visible not just in actual blouses, but also in playsuits with the affect of blouses and dresses that looked like longer versions of the blouses. And just as, for her third collection, to be unveiled March 6, Ms. Kamali was thinking about something Karl Lagerfeld once said about “the basic idea being the simplest of all: a blouse and a skirt.” “That kind of triggered in me the idea of really looking at the blouse not as a component of a look, but as the main component,” she said. That in turn led her to the idea of the blouse as a container of historical fragments: a dolman sleeve, say, or an exaggerated collar or shoulder. All of which made their way into the collection. “It’s not about copying,” she said. “It’s about using the blouse as a way to root things in the past or in tradition.” And signal that it has a place in the future. And as Lauren Santo Domingo, a founder of Moda Operandi, reports, it’s working. Chloé is “one of our fastest sellout designers,” Ms. Santo Domingo said, noting that sales of Chloé tops had grown 138 percent since Ms. Kamali’s first collections appeared. For the photographer David Sims, who shoots the Chloé campaigns, Ms. Kamali has essentially created “the representation of a new French kind of woman, with a play around nudity and embroidery that suggests ownership over a ******* energy and power that feels like an answer to so many of the questions that have sprung up recently.” Questions about gender and stereotype; questions about the male gaze. Doing that through the prism of a garment that was essentially relegated to the dustbin of fashion and old rock stars is, he said, kind of “radical.” But that tension is actually the point of Ms. Kamali’s Chloé, which has taken the Chloé girl and grown her into a woman. “The term ‘Chloé girl’ is so connected to how the world perceived the house in the first place,” Ms. Kamali said. “But the word ‘girl’ is reductive. I never want the Chloé woman to be only one thing. No woman is. She has shifting moods and feelings. Ease and optimism always exists with tension. These contrasts and these opposites are what makes everything interesting.” Including, maybe especially, the shirt on your back. Source link #Chemena #Kamali #Chloé #Queen #Blouse Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

MITCHELL JOHNSON: Steve Smith retiring from ODI cricket may lead to Mitchell Starc and Josh Hazlewood quitting MITCHELL JOHNSON: Steve Smith retiring from ODI cricket may lead to Mitchell Starc and Josh Hazlewood quitting Steve Smith’s one-day international retirement more than two years out from the next 50-over World Cup raises questions about who will be next among his ageing teammates. Mitchell Starc, also 35, immediately comes to mind, especially given he has already declared Test cricket his priority and flagged cutting his workload as he approaches the latter stages of his career. Starc recently mentioned missing the Champions Trophy for a few reasons, including focusing on getting his body right for Test and Twenty20 formats. The left-armer has been one of the very best when it comes to ODI cricket so I will be interested to see if Smith’s call will have an impact on his own decision. Fellow paceman Josh Hazlewood, 34 and with a history of injury issues, will also have to decide whether to continue to play all three formats. Reflecting on Smith’s career, it’s remarkable how he transitioned from a leg-spinner to become one of Australia’s finest and most intriguing batsmen across all formats. Smith made his ODI debut against the West Indies at the MCG in February 2010. Listed at No.8, he didn’t even get a bat as Australia amassed more than 300 runs batting first for the loss of five wickets. Yet he bowled his 10 overs as the primary spinner and took two wickets. Smith departs the ODI arena with an impressive record that stands tall alongside the best. Smith has undoubtedly left an indelible mark on the game, delivering countless memorable performances, whether it was with the bat, ball, or in the field. His presence will be missed, but perhaps his retirement will help usher in a new era for the team, allowing fresh talent to shine as the landscape of cricket evolves. With the next 50-over World Cup not due until November 2027, Smith felt it was the right time to step back and allow others to push for a spot in the team. As opportunities to break into the side haven’t been easy to come by in recent years, this will give the selectors enough time to get what they need for the next World Cup. One must wonder if we will see a shift towards more players giving up ODI cricket to pursue their legacies in Test cricket and the cash from T20 franchise cricket. Historically, many have chosen to retire from Test cricket while maintaining a focus on ODIs and now T20s to prolong their careers. Smith’s decision seems to emphasise that Test cricket remains his top priority, while also setting the stage for life after Test cricket with various T20 tournaments to capitalise on. His retirement certainly adds to the ongoing conversation about the relevance of ODI cricket. His decision might influence others to reconsider their commitment to the format, especially as the focus shifts increasingly towards T20s. This is a pivotal moment, and many are closely watching to see if this becomes a trend. The resurrected Champions Trophy didn’t seem to resonate well with fans, and if viewership numbers reflect that, it could further fuel the narrative that ODI cricket is on the wane. Despite the rich history and memorable moments one-day cricket has provided, with T20’s explosion in popularity, it does feel like a turning point if others follow suit. It’s been interesting to hear the discussions around the Champions Trophy and the advantages that India seems to have over other teams, with all games at one venue in Dubai rather than host nation Pakistan. If any team could pick their scenario, they’d certainly want to be in India’s shoes, enjoying the flexibility Dubai offers and familiarity with the pitches. Smith made a valid point about the differences between the wickets in Pakistan and Dubai after Australia’s semifinal loss. Ultimately, it raises questions about how fair and competitive the tournament is when one side has a distinct advantage. Source link #MITCHELL #JOHNSON #Steve #Smith #retiring #ODI #cricket #lead #Mitchell #Starc #Josh #Hazlewood #quitting Pelican News View the full article at [Hidden Content]

‘It’s obvious passionate engineers worked on this redesign’ ‘It’s obvious passionate engineers worked on this redesign’ Tesla’s latest iteration of the Model Y, the Juniper, introduces a suite of high-tech updates designed to enhance both driver experience and vehicle efficiency. As Teslarati reported, the previous version of the Model Y was, at one point, the world’s best-selling vehicle, and the company aims to continually improve it. In an interview with Tesla Owners Silicon Valley (@teslaownersSV) posted to X, Nathan Di Giusto, Tesla’s vehicle engineering head, and Emmanuel Lamacchia, the Model Y program manager, detailed the latest advancements. Juniper will feature rear power seats, an improved braking system, and new paint colors. It will also be able to detect humans in the vehicle along with heart rates and breathing patterns — talk about a smart car. Another notable change is the removal of the traditional “T” logo from the vehicle’s exterior — the ******** market required the logo, according to Teslarati. The U.S. vehicle was meant to be left blank. The publication further said that Tesla “examined everything from interior lighting, even in the center console, to help improve efficiency in any way possible.” The efficiency gains from the optimized braking system and advanced glass roof contribute to an extended driving range, reducing the frequency of charging sessions, which will also save drivers money. Further, less concern over range anxiety may lead more drivers to make the switch to an electric vehicle. Extended driving range supports Tesla’s mission to promote and accelerate the world’s transition to sustainable energy. The Environmental Protection Agency determined Juniper’s estimated range is 327 miles — 5% greater than the previous iteration of the Model Y. EVs produce zero tailpipe pollution, which leads to better air quality and a better environment. By reducing the frequency of charging, the vehicle utilizes less energy consumption overall, contributing to even less carbon pollution. Watch now: Honda reveals how it’s rethinking electric vehicles from the ground up with exciting new concept cars Tesla’s commitment to innovation sets a new standard for what an EV can offer with Juniper and will likely ensure the Model Y will remain a leader in the EV market. The advancements will continue to promote a better environment for the future. “Model Y’s redesign is impressive,” commented one viewer on the Tesla Owners Silicon Valley video. “I’ve been waiting for the refresh. Very impressed,” said another. “It’s obvious passionate engineers that care about the product worked on this redesign,” added one more. Join our free newsletter for good news and useful tips, and don’t miss this cool list of easy ways to help yourself while helping the planet. Source link #obvious #passionate #engineers #worked #redesign Pelican News View the full article at [Hidden Content]

Helldivers 2 Players Are Just Now Noticing How Important the Background Music Is Helldivers 2 Players Are Just Now Noticing How Important the Background Music Is Helldivers 2 wouldn’t be the same without the background music, right? Players share how their experience changed once the music was off. Source link #Helldivers #Players #Noticing #Important #Background #Music Pelican News View the full article at [Hidden Content]

China has room to act on fiscal policy amid uncertainties, finance minister says China has room to act on fiscal policy amid uncertainties, finance minister says China’s Minister of Finance Lan Fo’an speaks during a press conference in Beijing on Nov. 8, 2024. Adek Berry | Afp | Getty Images BEIJING — China has more room to act on fiscal policy amid domestic and external uncertainties, Finance Minister Lan Fo’an told reporters on Thursday. He was responding to a question during China’s “Two Sessions” annual parliamentary meeting about the country’s plans for proactive fiscal policy this year. China on Wednesday announced it was raising its on-budget deficit to 4% of the country’s gross domestic product — the highest since at least 2010. The government also plans to issue 1.3 trillion yuan ($178.9 billion) in ultra-long-term special treasury bonds in 2025, marking a 300 billion yuan hike from last year. The increased amount is primarily set to support the consumer trade-in program. China said it aims to issue 4.4 trillion yuan of local government special-purpose bonds this year — or a 500 billion yuan increase from last year — to help ease the financial strains of local authorities. The country on Wednesday also said it would target a gross domestic product increase of around 5% this year, while lowering its inflation target to 2% — the lowest in around 20 years. “China has delivered a pro-growth message here at the [National People’s Congress], in line with expectations,” said Aaron Costello, head of Asia at Cambridge Associates. The NPC is part of the “Two Sessions” meeting. Costello noted that, beyond specific stimulus programs, the ******* issue facing China has been low business and consumer sentiment. He pointed to encouraging signals such as ******** President Xi Jinping’s meeting with many tech entrepreneurs last month to encourage private business growth. This breaking news story is being updated. Source link #China #room #act #fiscal #policy #uncertainties #finance #minister Pelican News View the full article at [Hidden Content]

Helldivers 2 Community Helps Players Find the Best Surface for the Stratagem Ball Helldivers 2 Community Helps Players Find the Best Surface for the Stratagem Ball Is there anything more annoying than your Stratagem Ball bouncing off in Helldivers 2? Well, veterans have some tips how to avoid it. Source link #Helldivers #Community #Helps #Players #Find #Surface #Stratagem #Ball Pelican News View the full article at [Hidden Content]

'Obstacles' in Egypt's $53 billion plan to rebuild Gaza, install ************ Authority control – CNBC 'Obstacles' in Egypt's $53 billion plan to rebuild Gaza, install ************ Authority control – CNBC ‘Obstacles’ in Egypt’s $53 billion plan to rebuild Gaza, install ************ Authority control CNBCThe Take: Can the Arab plan for Gaza build a future for Palestinians? Al Jazeera EnglishForeign Ministry Spokesperson Lin Jian’s Regular Press Conference on March 5, 2025 MFA ChinaAs Israel and U.S. Align on Gaza, the Arab’s Plan Leaves Issues Unanswered The New York Times Source link #039Obstacles039 #Egypt039s #billion #plan #rebuild #Gaza #install #************ #Authority #control #CNBC Pelican News View the full article at [Hidden Content]

Helldivers 2 Players In Shock as They Realize the Major Order Is Most Likely Doomed Helldivers 2 Players In Shock as They Realize the Major Order Is Most Likely Doomed Helldivers 2 players inadvertently doomed the current Major Order. Players suggest what can be done in the remaining couple of days. Source link #Helldivers #Players #Shock #Realize #Major #Order #Doomed Pelican News View the full article at [Hidden Content]

New data reveals which US state is the most protected from natural disasters — and which states are most exposed to devastating fallout New data reveals which US state is the most protected from natural disasters — and which states are most exposed to devastating fallout New data has revealed that millions of Americans are vulnerable to fallout from natural disasters in states that are ill-equipped to handle them. What’s happening? The U.S. Census Bureau scored and ranked each state by its social vulnerability to winter weather, flooding, hurricanes, strong winds, wildfires, and earthquakes. The scores were based on factors like communication, healthcare, and internet coverage. Mississippi ranked highest with 26.02% of its population considered vulnerable, followed by New York at 25.47% and Louisiana at 24.74%. The best-protected states with the lowest scores were Utah, with 13.19%, and New Hampshire, with 15.55%. The agency released an interactive map of the data and said each score “measures the social vulnerability of a community that inhibits community resilience.” Why is this data important? Coastal states often face the brunt of natural disasters. California and other West Coast states are the hardest hit by wildfires every year, and the southeastern U.S. experiences the most hurricanes. Many of these states only received average rankings in the data because they tend to have better urban infrastructure in place for their frequent weather events. But most of the U.S. has seen an uptick in extreme storms over the last decade, due at least in part to changing weather patterns. Watch now: Giant snails invading New York City? These types of events have always existed, but scientists have reached a consensus that human-induced global heating “supercharges” extreme weather and makes natural disasters more powerful and dangerous. It’s a troubling pattern that can be tracked over time rather than a few isolated events. What can be done about extreme weather? Everyone can do their part to reduce planet-warming pollution, live a more sustainable life, and contribute to the fight against the changing climate. Start small by riding a bike or taking public transportation instead of using a gas-guzzling car, or shopping second-hand instead of buying new. For a ******* change, you can switch to energy-efficient appliances, install solar panels in your home, or upgrade your car to an electric vehicle. For better disaster recovery plans moving forward, the agency advised government officials to use the data to inform new policies and plans. “Local planners, policymakers, public health officials, and community stakeholders can use the estimates to help assess the potential resiliency of communities and plan mitigation and recovery strategies in the event of a disaster,” the U.S. Census Bureau said. Join our free newsletter for good news and useful tips, and don’t miss this cool list of easy ways to help yourself while helping the planet. Source link #data #reveals #state #protected #natural #disasters #states #exposed #devastating #fallout Pelican News View the full article at [Hidden Content]

‘Obstacles’ in Egypt’s $53 billion plan to rebuild Gaza, install ************ Authority control ‘Obstacles’ in Egypt’s $53 billion plan to rebuild Gaza, install ************ Authority control Egyptian President Abdel Fattah el-Sisi poses for a picture with leaders as Egypt hosts emergency Arab summit to discuss ************ developments, at Egypt’s New Administrative Capital in Cairo, March 4, 2025. Egyptian Presidency | Via Reuters Arab states led by Egypt have accepted a roadmap to rebuild Gaza as the “comprehensive Arab plan,” countering President Donald Trump’s proposal to redevelop the strip, transform Gaza into what he calls the “Riviera of the Middle East,” and displace Palestinians. The White House has effectively rejected the Arab plan, saying “the current proposal does not address the reality that Gaza is currently uninhabitable and residents cannot humanely live in a territory covered in debris and unexploded ordnance,” National Security Council spokesman Brian Hughes said in a statement, standing by Donald Trump’s controversial proposal. The Arab plan, seen by CNBC, says $53 billion is needed for reconstruction of the besieged strip, a number released last month by a joint UN-EU-World Bank report. The nearly 100-page plan, dubbed “Gaza 2030” included Egypt’s presidential logo and was reviewed by Arab states on Tuesday at an emergency summit in Cairo. It aims to sideline ****** and proposes eventual ************ Authority control in the besieged strip. Arab states, in the summit’s final communique urged the international community and “international and regional financing institutions to quickly provide the necessary support for the plan.” The proposal does not indicate who will foot the bill specifically but could see European contribution as well as wealthier Gulf states like Saudi Arabia and Qatar. The plan has come under fire for omitting key answers on issues like governance, the future of ******, and funding, and faces “some real obstacles to becoming reality,” Paul Musgrave, associate professor of government at the Georgetown University in Qatar, told CNBC’s Dan Murphy. “It’s a wonderful document, but it’s also something that I’m not sure is really a serious plan, because it does dodge the two biggest questions. One, would ****** ever agree to the political preconditions for making this grand vision a reality? Two, would the Israelis ever agree to allowing the kind of political settlement [of] a unified ************ Authority back in Gaza,” Musgrave added. Military vehicles operate in North Gaza, amid a ceasefire between Israel and ******, as seen from Israel on Feb. 9, 2025. Amir Cohen | Reuters Israel has slammed the proposal and said before discussions progress on receiving aid or extending the ceasefire, ****** must first release all remaining Israeli hostages from Gaza. Israel’s Foreign Ministry spokesperson slammed the proposal and said it “fails to address the realities of the situation following October 7th, 2023, remaining rooted in outdated perspectives,” while voicing encouragement for President Trump’s plan. The summit’s communique, meanwhile, also voiced support for “an international conference for early recovery reconstruction in the Gaza Strip,” which is scheduled for this month in Cairo, in cooperation with the UN. Arab states also announced that they would work to establish “a trust fund” supervised by the World Bank, which aims to “receive financial pledges from all donor countries and financing institutions, for the purpose of implementing early recovery and reconstruction projects.” Rebuilding Gaza In the most concise plan to date for rebuilding Gaza, the draft outlines a three-stage plan, culminating in 2030. The first phase will last six months, and will cost $3 billion, during which rubble removal will take place in certain areas. Seven sites are projected to accommodate more than 1.5 million people with temporary housing, provided to the displaced during the reconstruction process. People walk towards their homes through the destroyed streets of Gaza City on January 19, 2025. T Abood Abusalama | Afp | Getty Images The second phase, lasting two years at a cost of $20 billion will see housing units built for 1.6 million people, and the reestablishment of facilities, services and networks. The third phase, lasting two and a half years at a cost of $30 billion will aim to continue the process “of establishing the necessary facilities, networks and service buildings,” while also building housing for another 1.2 million people. The hope is that these new units will have the capability to accommodate 3 million people. Governance in Gaza The proposal does not include a future for militant group ****** in the besieged strip, but outlines that an “administration will take over the management of the Gaza Strip’s affairs in a transitional phase for 6 months, an independent committee consisting of technocrats and non-factional figures, under the umbrella of the ************ government.” Arab states have stated the final goal is allowing the “************ National Authority to fully return to the Gaza Strip.” Arab states have called for “holding presidential and legislative elections in all ************ areas one year from now if the appropriate conditions are available.” In a statement to CNBC, a senior political official for ****** said the group welcomed elections, saying it had been a demand for years, to give “the ************ people the chance to choose their representative leadership and their political pathway.” Questions still remain around how or if ****** will agree to disarm, but the group told CNBC the Arab plan contained “positive elements as well as a road map that is suitable to be a practical proposal.” Source link #Obstacles #Egypts #billion #plan #rebuild #Gaza #install #************ #Authority #control Pelican News View the full article at [Hidden Content]

Stocks Rally On Tariffs Delay; AI Chip Play Dives Late – Investor's Business Daily Stocks Rally On Tariffs Delay; AI Chip Play Dives Late – Investor's Business Daily Stocks Rally On Tariffs Delay; AI Chip Play Dives Late Investor’s Business DailyStock market today: Asian shares rebound after Trump pullback on some tariffs cheers investors The HillWall Street ends higher as markets eye easing of trade tensions ReutersStock market today: Wall Street rebounds after Trump pulls back on some of his tariffs The Associated Press Source link #Stocks #Rally #Tariffs #Delay #Chip #Play #Dives #Late #Investor039s #Business #Daily Pelican News View the full article at [Hidden Content]

Review: Carmen Sandiego is a faithful instalment in the beloved edutainment series – Entertainium Review: Carmen Sandiego is a faithful instalment in the beloved edutainment series – Entertainium This is great news for fans of the series. Gameloft, and HarperCollins Productions, an award-winning media production company within HarperCollins Publishers, are excited to announce their upcoming title and the return of the iconic master thief – Carmen Sandiego. The infamous globetrotter is back with the first, major relaunch of this beloved game. Source link #Review #Carmen #Sandiego #faithful #instalment #beloved #edutainment #series #Entertainium Pelican News View the full article at [Hidden Content]

Cyclone Albert: Lord of the Rings actor David Wenham abandons Perth movie tour, catches emergency flight home Cyclone Albert: Lord of the Rings actor David Wenham abandons Perth movie tour, catches emergency flight home A well-known Lord of the Rings actor abandoned his movie premiere event in Perth to be with his family in Brisbane amid Cyclone Albert. David Wenham was scheduled to appear at Luna Palace Cinemas in Leederville on Wednesday night to discuss his new movie, *****, but instead decided to catch an emergency flight back home at 10.20am before the airport closed. “I’ve just got the last seat on a plane back to Brisbane so I can actually get into Brisbane before the cyclone hits,” Wenham said in a video from Perth Airport. “I’ve got family there who are a little bit panicked at present, so I’m so sorry I’m not there, I hope you understand.” Camera IconDavid Wenham with the Rybka twins. Credit: Supplied The actor instead appeared on the screen at Luna Palace Cinemas via zoom. “I’m gutted that I am not there with you tonight,” he said. “It’s a little bit weird over here I’ve got to tell you, I arrived here a couple hours ago and it does feel rather surreal… it is serious and unfortunately the weather reports are telling us that it’s actually going to get worse.” The film, in cinemas nationally from March 6, is the sequel to the 2003 crime-comedy Gettin’ Square. Wenham took part in a live Q&A on Tuesday night at Hoyts Carousel alongside social media stars Sam and Teagan Rybka, who also appear in the film. The 59-year-old actor and producer from Sydney is best known for his roles as Faramir in The Lord of the Rings film trilogy and Lieutenant John Scarfield in Pirates of the Caribbean: Dead Men Tell No Tales. Source link #Cyclone #Albert #Lord #Rings #actor #David #Wenham #abandons #Perth #movie #tour #catches #emergency #flight #home Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

‘Obstacles’ in Egypt’s $53 billion plan to rebuild Gaza, install ************ Authority control ‘Obstacles’ in Egypt’s $53 billion plan to rebuild Gaza, install ************ Authority control Egyptian President Abdel Fattah el-Sisi poses for a picture with leaders as Egypt hosts emergency Arab summit to discuss ************ developments, at Egypt’s New Administrative Capital in Cairo, March 4, 2025. Egyptian Presidency | Via Reuters Arab states led by Egypt have accepted a roadmap to rebuild Gaza as the “comprehensive Arab plan,” countering President Donald Trump’s proposal to redevelop the strip, transform Gaza into what he calls the “Riviera of the Middle East,” and displace Palestinians. The White House has effectively rejected the Arab plan, saying “the current proposal does not address the reality that Gaza is currently uninhabitable and residents cannot humanely live in a territory covered in debris and unexploded ordnance,” National Security Council spokesman Brian Hughes said in a statement, standing by Donald Trump’s controversial proposal. The Arab plan, seen by CNBC, says $53 billion is needed for reconstruction of the besieged strip, a number released last month by a joint UN-EU-World Bank report. The nearly 100-page plan, dubbed “Gaza 2030” included Egypt’s presidential logo and was reviewed by Arab states on Tuesday at an emergency summit in Cairo. It aims to sideline ****** and proposes eventual ************ Authority control in the besieged strip. Arab states, in the summit’s final communique urged the international community and “international and regional financing institutions to quickly provide the necessary support for the plan.” The proposal does not indicate who will foot the bill specifically but could see European contribution as well as wealthier Gulf states like Saudi Arabia and Qatar. The plan has come under fire for omitting key answers on issues like governance, the future of ******, and funding, and faces “some real obstacles to becoming reality,” Paul Musgrave, associate professor of government at the Georgetown University in Qatar, told CNBC’s Dan Murphy. “It’s a wonderful document, but it’s also something that I’m not sure is really a serious plan, because it does dodge the two biggest questions. One, would ****** ever agree to the political preconditions for making this grand vision a reality? Two, would the Israelis ever agree to allowing the kind of political settlement [of] a unified ************ Authority back in Gaza,” Musgrave added. Military vehicles operate in North Gaza, amid a ceasefire between Israel and ******, as seen from Israel on Feb. 9, 2025. Amir Cohen | Reuters Israel has slammed the proposal and said before discussions progress on receiving aid or extending the ceasefire, ****** must first release all remaining Israeli hostages from Gaza. Israel’s Foreign Ministry spokesperson slammed the proposal and said it “fails to address the realities of the situation following October 7th, 2023, remaining rooted in outdated perspectives,” while voicing encouragement for President Trump’s plan. The summit’s communique, meanwhile, also voiced support for “an international conference for early recovery reconstruction in the Gaza Strip,” which is scheduled for this month in Cairo, in cooperation with the UN. Arab states also announced that they would work to establish “a trust fund” supervised by the World Bank, which aims to “receive financial pledges from all donor countries and financing institutions, for the purpose of implementing early recovery and reconstruction projects.” Rebuilding Gaza In the most concise plan to date for rebuilding Gaza, the draft outlines a three-stage plan, culminating in 2030. The first phase will last six months, and will cost $3 billion, during which rubble removal will take place in certain areas. Seven sites are projected to accommodate more than 1.5 million people with temporary housing, provided to the displaced during the reconstruction process. People walk towards their homes through the destroyed streets of Gaza City on January 19, 2025. T Abood Abusalama | Afp | Getty Images The second phase, lasting two years at a cost of $20 billion will see housing units built for 1.6 million people, and the reestablishment of facilities, services and networks. The third phase, lasting two and a half years at a cost of $30 billion will aim to continue the process “of establishing the necessary facilities, networks and service buildings,” while also building housing for another 1.2 million people. The hope is that these new units will have the capability to accommodate 3 million people. Governance in Gaza The proposal does not include a future for militant group ****** in the besieged strip, but outlines that an “administration will take over the management of the Gaza Strip’s affairs in a transitional phase for 6 months, an independent committee consisting of technocrats and non-factional figures, under the umbrella of the ************ government.” Arab states have stated the final goal is allowing the “************ National Authority to fully return to the Gaza Strip.” Arab states have called for “holding presidential and legislative elections in all ************ areas one year from now if the appropriate conditions are available.” In a statement to CNBC, a senior political official for ****** said the group welcomed elections, saying it had been a demand for years, to give “the ************ people the chance to choose their representative leadership and their political pathway.” Questions still remain around how or if ****** will agree to disarm, but the group told CNBC the Arab plan contained “positive elements as well as a road map that is suitable to be a practical proposal.” Source link #Obstacles #Egypts #billion #plan #rebuild #Gaza #install #************ #Authority #control Pelican News View the full article at [Hidden Content]

Billionaire Investor Paul Singer Just Made a Massive Bet Against Nvidia and Tripled His Position in a Stock That Wall Street Analysts Think Can Soar 115% Billionaire Investor Paul Singer Just Made a Massive Bet Against Nvidia and Tripled His Position in a Stock That Wall Street Analysts Think Can Soar 115% Paul Singer is not afraid to play contrarian. The billionaire investor is known for his activist positions and even took on the Argentinian government for 15 years until it made debt payments on government bonds, resulting in billions for Singer’s fund Elliott Investment Management. Singer, who’s reportedly worth $6.2 billion, according to Forbes, founded Elliott in 1977 and has grown it to $65 billion in assets under management. Now, the 80-year-old is raising the red flag on the broader market and some of the high-flying artificial intelligence (AI) stocks that have fueled the bull run such as Nvidia (NASDAQ: NVDA). Instead, Elliott has tripled its position in a stock that Wall Street thinks can soar 115% from current levels (as of Feb. 27). In the fourth quarter of 2024, Elliott Investment Management purchased 1.45 million shares worth of put options in the AI king Nvidia. Put options are a bet that a stock will go down. The positioning somewhat aligns with recent comments made by Singer in a rare public interview: “This AI is way over its skis in terms of practical value being brought to users…There are uses, and there will be additional uses, but it’s way exaggerated.” Singer also opined that the stock markets “are just about as risky as I have ever seen,” citing increasing leverage and risk-taking including among various governments, which implemented negative interest rate and zero interest rate policies for years. Singer certainly isn’t alone in citing risks in AI and the broader market, as both have more or less become battleground areas for stocks. It still appears that the majority of investors, pundits, and analysts are bullish, but more negative sentiment is piling up as some investors appear to be simply waiting for the other shoe to drop. Nvidia recently reported strong earnings and forward guidance ahead of analyst expectations, but it failed to impress investors, as it can be difficult to impress when the market expects it regularly. There are also broader concerns looming over the AI space including the Trump administration’s potential export controls over chips and the emergence of China’s DeepSeek. DeepSeek, in particular, has raised questions over whether large tech companies need to spend tens of billions on capital expenditures or even use next-generation chips to create AI solutions. While betting against AI, Singer appears to have embraced crypto and Bitcoin (CRYPTO: BTC), the world’s largest cryptocurrency. In the fourth quarter, Elliott Management tripled its investment in the Bitcoin treasury company Strategy (NASDAQ: MSTR), increasing its stake from 5 million to 15 million shares. Founded by Michael Saylor, Strategy (formerly MicroStrategy) uses the capital markets to purchase massive amounts of Bitcoin, and now owns roughly 2% of all outstanding Bitcoin. Story Continues Interestingly, Singer also commented on crypto and how the Trump administration has embraced the sector: Countries around the world aren’t happy with the privilege that the U.S. government asserts as the reserve country in the world. They’d like alternatives. The dollar sits there, astride the world with all the abuses of that astride-ness. And the U.S., itself, is conjuring or supporting an alternative to the dollar? It makes my head spin. Still, a popular trade in the fourth quarter was to bet on crypto before the election. If Elliott purchased Strategy prior to the election and then sold not too long after, the fund likely did quite well — Strategy has given back most of its gains since then. Singer isn’t the only one bullish on the company. Of the 11 Wall Street analysts who have issued research reports on Strategy over the last three months, all recommend buying the stock with an average price target that implies roughly 115% upside from current levels (as of Feb. 27), according to TipRanks. Earlier this month, analysts at KBW initiated coverage on Strategy with an outperform rating, saying investors are drawn to the levered Bitcoin play, which will benefit from continued value-adding Bitcoin purchases, fueled by “highly demanded security issuances and a valuation that exceeds net asset value.” Remember, Strategy’s levered approach means investors will reap more gains when Bitcoin rises and also likely take heavier losses to the downside when Bitcoin struggles. That’s why I typically recommend portfolio diversification to minimize the impact of heavy losses. Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this. On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $295,759!* Apple: if you invested $1,000 when we doubled down in 2008, you’d have $45,128!* Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $525,108!* Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon. Continue » *Stock Advisor returns as of March 3, 2025 Bram Berkowitz has positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Nvidia. The Motley Fool has a disclosure policy. Billionaire Investor Paul Singer Just Made a Massive Bet Against Nvidia and Tripled His Position in a Stock That Wall Street Analysts Think Can Soar 115% was originally published by The Motley Fool Source link #Billionaire #Investor #Paul #Singer #Massive #Bet #Nvidia #Tripled #Position #Stock #Wall #Street #Analysts #Soar Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Cyclone Alfred stalls off Australia's east as millions brace for impact – Reuters Cyclone Alfred stalls off Australia's east as millions brace for impact – Reuters Cyclone Alfred stalls off Australia’s east as millions brace for impact ReutersCyclone Alfred nears *********** east coast as over 200 flights cancelled: Updates The IndependentBrisbane, Australia, Braces for Powerful Cyclone The New York Times‘REALLY CONCERNING’: One feature of mega storm spells disaster news.com.au Source link #Cyclone #Alfred #stalls #Australia039s #east #millions #brace #impact #Reuters Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Watch: Moment tornado rips roof off building in Oklahoma Watch: Moment tornado rips roof off building in Oklahoma Neighbourhoods were heavily damaged after tornadoes tore through areas of Oklahoma as part of a swath of severe weather that hit the state. Source link #Watch #Moment #tornado #rips #roof #building #Oklahoma Pelican News View the full article at [Hidden Content]