Pelican Press

How Liverpool and the Cowboys inspired Eels' NRL oasis How Liverpool and the Cowboys inspired Eels' NRL oasis Parramatta have opened the largest centre of excellence rugby league has ever seen, built on 11 hectares of land and costing $70 million. Source link #Liverpool #Cowboys #inspired #Eels039 #NRL #oasis Pelican News View the full article at [Hidden Content]

Anno 117: Pax Romana preview: Build your empire | Loot Level Chill Anno 117: Pax Romana preview: Build your empire | Loot Level Chill LLC: “After our three hours with Anno 117: Pax Romana, it’s clear this is one of the finest in the series, with plenty of systems that all reward your attention.” Source link #Anno #Pax #Romana #preview #Build #empire #Loot #Level #Chill Pelican News View the full article at [Hidden Content]

Live updates: Trump says failure to pass tax and immigration bill would be ‘ultimate betrayal' – The Washington Post Live updates: Trump says failure to pass tax and immigration bill would be ‘ultimate betrayal' – The Washington Post Live updates: Trump says failure to pass tax and immigration bill would be ‘ultimate betrayal’ The Washington PostTrump meets with GOP holdouts as they threaten to stall sweeping agenda bill CNN’A very good place’: House speaker confident on Trump tax bill but vote still uncertain USA TodayBudget office: Republicans’ megabill would give to the rich and take from the poor MSNBC NewsGOP Tax Bill Impasse Unresolved After Trump Meets With Holdouts Yahoo Finance Source link #Live #updates #Trump #failure #pass #tax #immigration #bill #ultimate #betrayal039 #Washington #Post Pelican News View the full article at [Hidden Content]

Review – Capcom Fighting Collection 2 (Xbox One) | WayTooManyGames Review – Capcom Fighting Collection 2 (Xbox One) | WayTooManyGames WTMG’s Leo Faria: “Ignoring one or two slightly dated titles, plus a truly terrible one, Capcom Fighting Collection 2 goes to show that no one is doing arcade gaming preservation as well as Capcom right now. Just the inclusion of Capcom vs. SNK 2 by itself, in such a pristine, rollback-supported stated, is enough of a reason for you to purchase it, but add in games like two Power Stones and the best version of the best Street Fighter, and what you have here is more than a lot of bang for your buck. What we have here is an infinitely enjoyable collection of fighting works of art.” Source link #Review #Capcom #Fighting #Collection #Xbox #WayTooManyGames Pelican News View the full article at [Hidden Content]

'Phee we love you': search for missing girl continues 'Phee we love you': search for missing girl continues An investigation into the “suspicious” disappearance of a 17-year-old girl is continuing as her mum pleads for answers. Source link #039Phee #love #you039 #search #missing #girl #continues Pelican News View the full article at [Hidden Content]

Gear.Club Unlimited 3 coming to PC and consoles in late 2025 Gear.Club Unlimited 3 coming to PC and consoles in late 2025 The arcade racing series is heading to Japan and the French Riviera. Source link #Gear.Club #Unlimited #coming #consoles #late Pelican News View the full article at [Hidden Content]

Dating Expert Names the 1 Word Women Use When They’re Not Interested Dating Expert Names the 1 Word Women Use When They’re Not Interested There’s one word that men need to be on the lookout for when it comes to a woman indicating she’s uninterested, says dating coach Blaine Anderson. Anderson and her team at Dating By Blaine are in the process of “getting men unstuck with women.” According to Anderson, dating “is a skill” and guys can improve on it with the right time and guidance. In addition to her paid coaching and matchmaking services, Anderson offers free tips to guys on her Instagram account. She regularly produces videos highlighting dating advice, with her latest clip telling men to look out for a woman who says she has been “busy.” According to Anderson, using being busy as an excuse is a sure sign she’s not into you. “The truth is, we make time for the things that are important to us, and she’s saying you’re not important enough for her,” Anderson said. “Don’t waste any more time. Move on, and find a girl who makes you a priority.” This bit of advice has sparked plenty of conversation on Anderson’s post. “The reality is the universal equation is Effort = Interest . I learned this the hard way . It’s the brutal truth someone who is interested is never to busy to hang out,” one man said in the comments. “Your tips have helped immensely ,” another added. “I always meet the busy ones unfortunately,” a third said. “Yup, I got that a lot,” added a fourth. “Yeah men say that too,” a woman contended. You can follow Anderson on IG here. The University of Arizona alum has over 712,000 people keeping tabs on her. In addition to today’s tip, Anderson has recently published videos on flirty texts for guys to send, ways to ask for a woman’s phone number and what haircuts to avoid. Source link #Dating #Expert #Names #Word #Women #Theyre #Interested Pelican News View the full article at [Hidden Content]

Dow Jones Today: Stocks Plunge, Treasury Yields Surge as Investors Monitor Tax Bill; Dow Drops 800 Points, Bitcoin Wavers After Hitting Record High – Investopedia Dow Jones Today: Stocks Plunge, Treasury Yields Surge as Investors Monitor Tax Bill; Dow Drops 800 Points, Bitcoin Wavers After Hitting Record High – Investopedia Dow Jones Today: Stocks Plunge, Treasury Yields Surge as Investors Monitor Tax Bill; Dow Drops 800 Points, Bitcoin Wavers After Hitting Record High InvestopediaDow sinks 800 points as bond market starts to freak out over Trump’s tax bill CNNSellers Knock Stock Market Lower As Bond Yields Spike; Broadcom, Nvidia Fade After Early Pops Investor’s Business DailyStocks to Watch: Dow Closes 800 Points Lower; Treasury Yields Rise in Global Bond Selloff — Live Updates WSJS&P 500 Gains and Losses Today: Index Slips as Congress Mulls Tax Bill, Treasury Yields Surge Investopedia Source link #Dow #Jones #Today #Stocks #Plunge #Treasury #Yields #Surge #Investors #Monitor #Tax #Bill #Dow #Drops #Points #Bitcoin #Wavers #Hitting #Record #High #Investopedia Pelican News View the full article at [Hidden Content]

Geri Halliwell declares end of ‘girl power’, calls for gender-inclusion as Spice Girls eye reunion Geri Halliwell declares end of ‘girl power’, calls for gender-inclusion as Spice Girls eye reunion It’s the slogan that inspired a generation, but Geri Halliwell Horner has announced that ‘Girl Power’ is no longer relevant, proposing the term ‘Inner Power’ in the spirit of gender inclusion. Speaking to young people at her latest children’s book launch, Geri, 52, said: “Girl Power was a sweet word for feminism. But if you look in the dictionary and see what feminism means, it means the ‘equalisation between the sexes’. Therefore, to me it’s irrelevant what your gender is, I want everyone to feel their power, so let’s evolve that word from Girl Power to Inner Power.” The former Spice Girl, who coined the phrase that became as iconic as her Union Jack dress, reflected on the group’s 30-year legacy and her original aim to “give feminism a kick up the *****.” Mel C, 51, described Girl Power as “being able to do things just as well as – or even better than – the boys, and be what we want to be. It’s about spreading a positive vibe and kicking it for the girls. It’s not about picking up guys, we don’t need men to control our lives, we control our lives anyway.” While millions of fans may be disappointed, Geri insists the message should be about celebrating everyone: “It’s meant to be inclusive and celebratory of who you are and what I feel like is important as well is that none of us are perfect, we’re all idiots at different times, we are.” Geri, Emma Bunton, Mel B, and Mel C are reportedly planning a 30th anniversary reunion tour, though Victoria Beckham is not expected to join. Meanwhile, Geri’s personal life has also made headlines, from her husband Christian Horner’s public controversies to the recent news that he has formally adopted her daughter Bluebell, 18. Despite the challenges, Geri and Christian remain together, and Geri continues to support her family and career, recently appearing with Christian at the Miami F1 Grand Prix and celebrating her daughter’s academic achievements. Source link #Geri #Halliwell #declares #girl #power #calls #genderinclusion #Spice #Girls #eye #reunion Pelican News View the full article at [Hidden Content]

Hinge Health prices IPO at $32, the top end of expected range Hinge Health prices IPO at $32, the top end of expected range Hinge Health’s TrueMotion feature. Courtesy: Hinge Health Hinge Health priced its IPO at $32 per share on Wednesday, at the top end of the expected range. The digital physical therapy startup sold 8.52 million shares in the offering, raising about $273 million. The total offering was for 13.7 million shares, with the balance being sold by existing shareholders. Hinge, founded in 2014, will trade on the New York Stock Exchange under the ticker symbol “HNGE.” The company filed its initial prospectus in March and updated the document earlier this month with an expected pricing range of $28 to $32. At the IPO price, Hinge Health is worth about $2.6 billion, though that number could be higher on a fully diluted basis. That’s down significantly from a private market valuation of $6.2 billion in October 2021, the last time the company raised outside funding. The company uses software to help patients treat acute musculoskeletal injuries, chronic pain and carry out post-surgery rehabilitation remotely. It was co-founded by CEO Daniel Perez and Executive Chairman Gabriel Mecklenburg, who have both experienced personal struggles with physical rehabilitation. Revenue in the first quarter increased 50% to $123.8 million from $82.7 million a year ago. Hinge reported net income for the ******* of $17.1 million, swinging from a net loss of $26.5 million in the same ******* last year. Hinge’s IPO will be closely watched by the digital health sector, which has been mostly devoid of public offerings since 2021. Digital health has been a particularly tough market over the last few years as companies have struggled to recover from a post-Covid slowdown. Tech IPOs broadly have been few and far between of late. But there are signs that activity is picking up. Shares of stock brokerage platform eToro popped in their market debut last Wednesday, and artificial intelligence infrastructure provider CoreWeave reported 420% revenue growth, topping estimates and sparking a 56% rally in the stock last week. Hinge has raised more than $1 billion from investors including Tiger Global Management and Coatue Management. “We have many decades of work ahead,” Perez wrote in a letter to investors in March. “We hope you join us on this journey.” WATCH: IPO market will pause for summer and pickup second half of Q3, says Axios’ Dan Primack Source link #Hinge #Health #prices #IPO #top #expected #range Pelican News View the full article at [Hidden Content]

Hinge Health prices IPO at $32, the top end of expected range Hinge Health prices IPO at $32, the top end of expected range Hinge Health’s TrueMotion feature. Courtesy: Hinge Health Hinge Health priced its IPO at $32 per share on Wednesday, at the top end of the expected range. The digital physical therapy startup sold 8.52 million shares in the offering, raising about $273 million. The total offering was for 13.7 million shares, with the balance being sold by existing shareholders. Hinge, founded in 2014, will trade on the New York Stock Exchange under the ticker symbol “HNGE.” The company filed its initial prospectus in March and updated the document earlier this month with an expected pricing range of $28 to $32. At the IPO price, Hinge Health is worth about $2.6 billion, though that number could be higher on a fully diluted basis. That’s down significantly from a private market valuation of $6.2 billion in October 2021, the last time the company raised outside funding. The company uses software to help patients treat acute musculoskeletal injuries, chronic pain and carry out post-surgery rehabilitation remotely. It was co-founded by CEO Daniel Perez and Executive Chairman Gabriel Mecklenburg, who have both experienced personal struggles with physical rehabilitation. Revenue in the first quarter increased 50% to $123.8 million from $82.7 million a year ago. Hinge reported net income for the ******* of $17.1 million, swinging from a net loss of $26.5 million in the same ******* last year. Hinge’s IPO will be closely watched by the digital health sector, which has been mostly devoid of public offerings since 2021. Digital health has been a particularly tough market over the last few years as companies have struggled to recover from a post-Covid slowdown. Tech IPOs broadly have been few and far between of late. But there are signs that activity is picking up. Shares of stock brokerage platform eToro popped in their market debut last Wednesday, and artificial intelligence infrastructure provider CoreWeave reported 420% revenue growth, topping estimates and sparking a 56% rally in the stock last week. Hinge has raised more than $1 billion from investors including Tiger Global Management and Coatue Management. “We have many decades of work ahead,” Perez wrote in a letter to investors in March. “We hope you join us on this journey.” WATCH: IPO market will pause for summer and pickup second half of Q3, says Axios’ Dan Primack Source link #Hinge #Health #prices #IPO #top #expected #range Pelican News View the full article at [Hidden Content]

Trump Says He Just Invented a ‘New Word,’ Which Is Now the ‘Best Word.’ It’s Been in Use Since the 1500s Trump Says He Just Invented a ‘New Word,’ Which Is Now the ‘Best Word.’ It’s Been in Use Since the 1500s President Donald Trump put his unique vocabulary on display once again this week. On Monday, May 19, the president signed a new executive order that gives the manufacturers of prescription drugs 30 days to meaningfully lower the cost of their medications. If that deadline isn’t met, the U.S. Department of Health and Human Services, led by Robert F. Kennedy Jr., will be tasked with developing new regulations that equate U.S. drug prices with lower costs paid in other countries. In explaining his plan to reporters, Trump had something of a linguistic revelation. “Basically, what we’re doing is equalizing. There’s a new word that I came up with, which is probably the best word,” he said. “We’re gonna equalize, where we’re all gonna pay the same. We’re gonna pay what Europe’s gonna pay,” he continued. Anna Moneymaker/Getty President Donald Trump signs executive orders in the Oval Office on January 20, 2025 Of course, Trump isn’t the first to use the word “equalize.” The Merriam-Webster Dictionary says the first known usage of the word happened in 1599, and it remains common in modern times. The president himself has even used the word multiple times in the past, including in his address to a joint session of Congress on March 5. While claiming that the United States had contributed significantly more to Ukraine’s defense against Russia than other European allies, Trump said, “Biden has authorized more money in this fight than Europe has spent by billions and billions of dollars. It’s hard to believe that they wouldn’t have stopped it and said at some point, come on, let’s equalize. You got to be equal to us. But that didn’t happen.” However, this may, in fact, be the president’s most viral vocabulary moment since he became fascinated with the word “groceries” while giving his “Liberation Day” speech on April 2, announcing sweeping tariffs and promising savings for U.S. consumers at the supermarket. “It’s such an old-fashioned term but a beautiful term: groceries,” he mused. “It sort of says a bag with different things in it.” Read the original article on People Source link #Trump #Invented #Word #Word #1500s Pelican News View the full article at [Hidden Content]

Europa League final player ratings – who was 'heroic' and who was 'gobbled up'? – BBC Europa League final player ratings – who was 'heroic' and who was 'gobbled up'? – BBC Europa League final player ratings – who was ‘heroic’ and who was ‘gobbled up’? BBCSpurs beat Man United in Europa League final: as it happened ESPNBrennan Johnson strikes to clinch Europa League glory for Tottenham The GuardianTottenham Hotspur 1-0 Manchester United: GLORY GLORY TOTTENHAM HOTSPUR Cartilage Free CaptainTottenham beats Man United to win Europa League title and end long trophy drought NBC News Source link #Europa #League #final #player #ratings #039heroic039 #039gobbled #up039 #BBC Pelican News View the full article at [Hidden Content]

Two children, woman critical after suspicious home fire Two children, woman critical after suspicious home fire Fire authorities are treating a house blaze, which has left two children and a woman with critical burns injuries, as suspicious. Source link #children #woman #critical #suspicious #home #fire Pelican News View the full article at [Hidden Content]

California state senator cited for suspicion of drunken driving, says she wasn’t intoxicated California state senator cited for suspicion of drunken driving, says she wasn’t intoxicated SACRAMENTO, Calif. (AP) — A California state lawmaker denied having any alcohol in her system after Sacramento police cited her earlier this week on suspicion of drunken driving. Sacramento police responded at around 1:30 p.m. Monday to a report of a vehicle ****** involving state Sen. Sabrina Cervantes, department spokesperson Allison Smith said. Cervantes was taken by a private party to a hospital and treated for minor injuries, Smith said. Smith said officers also went to the hospital as part of their investigation into the incident. They observed “objective signs of intoxication” and issued her a citation for suspicion of DUI, she said. Cervantes, a Democrat representing part of the Inland Empire, claims no wrongdoing. She said she was seeking care in an emergency room after a car struck her vehicle. She was then “accosted” by Sacramento police officers, who accused her of driving under the influence and detained her for several hours, she said. Cervantes was elected to the state Senate last year after years serving in the Assembly. She previously chaired the Latino Legislative Caucus. Cervantes said “lab results” she sought in the hospital showed she did not have alcohol in her system. Police did not conduct a breathalyzer test, Smith said. “This ordeal was deeply distressing and left me even more shaken,” Cervantes said in a statement. “As a Senator, wife, and mother, I hold myself to the highest standard and expect others that serve our communities to do the same.” The incident, which was first reported by Politico, marks the latest time in recent years in which a Democratic state lawmaker in California has been suspected of driving drunk by local authorities. U.S. Rep. Dave Min, who was a state senator at the time, and then-Assemblymember Wendy Carrillo were arrested in separate incidents in 2023 for driving under the influence. Both admitted wrongdoing. Source link #California #state #senator #cited #suspicion #drunken #driving #wasnt #intoxicated Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Justice Department moves to drop police reform agreements with Louisville, Minneapolis – ABC News Justice Department moves to drop police reform agreements with Louisville, Minneapolis – ABC News Justice Department moves to drop police reform agreements with Louisville, Minneapolis ABC News’We’re doing it anyway’: Minneapolis city leaders react to motion to dismiss federal consent decree 5 EYEWITNESS NEWSDOJ drops probes, police reform agreements with Louisville and Minneapolis MSNBC NewsJustice Dept. to End Oversight of Local Police Accused of Abuses The New York TimesTrump administration to scrap police reform measures in some US cities BBC Source link #Justice #Department #moves #drop #police #reform #agreements #Louisville #Minneapolis #ABC #News Pelican News View the full article at [Hidden Content]

Chilling CCTV footage of moment John Versace gunned down at Condell Park home Chilling CCTV footage of moment John Versace gunned down at Condell Park home Harrowing CCTV footage has surfaced of the moment a young man was gunned down in the driveway of his Sydney family home. Source link #Chilling #CCTV #footage #moment #John #Versace #gunned #Condell #Park #home Pelican News View the full article at [Hidden Content]

Morgan Stanley reveals mid-year recession, interest rate cut forecast Morgan Stanley reveals mid-year recession, interest rate cut forecast This year has been tough. After back-to-back 20%-plus returns for the S&P 500 in 2023 and 2024, concerns about stagflation and recession and the tariff debate have whipsawed the stock market. After the S&P 500 reached an all-time high in mid-February, growing worry that a slowing economy would dent sales and profits plus renewed inflation fear due to newly imposed tariffs sent the benchmark tumbling 19%, just shy of bear-market territory. Related: Jim Cramer sends blunt message on US debt risk to stocks The selloff was so fast and steep that most stocks became oversold, providing tinder for a major relief rally ignited when President Donald Trump temporarily paused many of his reciprocal tariffs. The index has since climbed nearly 20%, erasing much of the losses since February and lifting it into the ****** year-to-date. Regardless, the seismic pops and drops have taken a toll on investors’ psyches, and despite the recent gains, economic worries persist. The jobs market has weakened over the past year, economic activity has slowed, and tariffs will likely remain in place, pressuring inflation and potentially backing the Federal Reserve into a corner. The backdrop has many on Wall Street, including Morgan Stanley, updating their forecasts. The major investment firm recently released a midyear update that includes economic targets and shatters hopes for more Federal Reserve interest rate cuts this year. Investors have been on a roller-coaster ride this year as debate over the health of the US economy intensifies.ANGELA WEISS/Getty Images Federal Reserve Chairman Jerome Powell is earning his pay this year. The Fed’s dual mandate is low inflation and unemployment, two often competing goals. This year the tug-of-war between the two makes setting rates to encourage employment and discourage inflation particularly tough. Inflation has fallen markedly since it peaked above 8% in mid-2022. Still, progress has slowed and inflation remains above the Fed’s 2% target. In April, the Consumer Price Index showed inflation at 2.3%, nearly matching levels seen in September. Related: Billionaire Ray Dalio has strong reaction to US debt rating cut Meanwhile, the job market isn’t nearly as strong as it was a year or two ago. Unemployment of 4.2% is historically low, but it’s up from 3.4% in 2023. Meanwhile, in March 901,000 fewer jobs went unfilled compared with a year earlier, according to the Job Openings and Labor Turnover Survey, the Bureau of Labor Statistics’ Jolts report. Layoffs are also on the rise, climbing above 602,000 workers this year, up 87% from a year earlier. The cracks reflect a slowing in overall economic activity that’s taking a toll on consumer confidence. Story Continues First-quarter gross domestic product contracted 0.3%, well below the 3% growth witnessed last summer. The University of Michigan’s Consumer Confidence Survey fell sharply to 50.8 in May, down 27% from one year ago. Americans now expect year-ahead inflation to be 7.3%, up from 6.5% last month. The risk of more job losses and inflation reasserting itself because of tariffs, including a 30% tariff on China, 25% tariffs on Canada, Mexico and autos, and a 10% baseline tariff, has tied the Fed’s hands. If it cuts rates, as was widely expected earlier this year, it risks fanning inflationary flames. Raising rates might slow inflation but could force us into a recession. Reading the tea leaves isn’t easy this year, but that’s not stopping Wall Street from trying. Morgan Stanley, one of the largest investment banks, recently released a midyear update to its outlook for Fed interest-rate cuts and the US economy. The forecast won’t win many fans hoping for lower mortgage rates or looking for new jobs. Chief US Economist Michael Gapen correctly targeted slower growth and stickier inflation entering 2025. Now, he says that the effective tariff rate of 13% will remain, pressuring the economy while avoiding a recession. Unfortunately, Gapen hasn’t seen any real help from the Fed this year. He says the Fed will delay additional interest rate cuts “into 2026.” More Experts As for GDP, Morgan Stanley’s growth target is tepid. According to a note sent to clients, Gapen “expects real GDP growth of 1% in 2025 and 2026 (Q4/Q4), with inflation peaking in 3Q25, finishing this year between 3% and 3.5%, and the unemployment rate rising gradually to 4.8% by the end of 2026.” Higher unemployment and inflation above current levels aren’t necessarily good news for investors hoping for revenue and profit growth tailwinds. Gapen does say, however, that the Fed will be forced to respond to the weaker economy next year, cutting “more deeply than markets currently project to a target range for the Federal Funds Rate of 2.5%-2.75% by end-2026.” Currently, the Federal Funds Rate is 4.25% to 4.5%. Overall, his outlook means the US debt situation is worsening. He projects the deficit will climb to 7.1% of GDP from 6.3% in 2025, an “increase of $310 billion year on year.” Related: Secretary Bessent sends message on Walmart price increases due to tariffs Source link #Morgan #Stanley #reveals #midyear #recession #interest #rate #cut #forecast Pelican News View the full article at [Hidden Content]

Foreign diplomats come under Israeli fire on official West Bank visit, drawing swift international condemnation – CNN Foreign diplomats come under Israeli fire on official West Bank visit, drawing swift international condemnation – CNN Foreign diplomats come under Israeli fire on official West Bank visit, drawing swift international condemnation CNNIsraeli troops fire ‘warning shots’ at 25 diplomats visiting occupied West Bank The GuardianForeign affairs minister summons Israel’s ambassador after shots fired near Canadians in West Bank Toronto StarEU outrage grows after Israel fires ‘warning shots’ at diplomatic delegation politico.euIsraeli Soldiers Fire Warning Shots to Disperse Western Diplomats Touring West Bank The New York Times Source link #Foreign #diplomats #Israeli #fire #official #West #Bank #visit #drawing #swift #international #condemnation #CNN Pelican News View the full article at [Hidden Content]

Deal on patent rules exception to ensure the supply of critical products | News Deal on patent rules exception to ensure the supply of critical products | News European Parliament and EU government negotiators reached an agreement on new legislation ensuring availability of crisis-relevant products, such as vaccines or chips, during emergencies. According to the new bill, the EU will be able to issue special permission for the production of patent-protected goods during cross-border emergencies, without needing the authorisation of the rights-holder. This would allow the immediate production, for example, of vaccines or therapeutics also by other companies than the one holding the patent. This special permission, known as compulsory license, can be issued by the European Commission in clearly defined emergencies, such as a cross-border health crisis or internal market emergency, with specified scope, territorial coverage and duration. It would be used only as a last resort and only in cases where a voluntary agreement between rights-holder and licensee could not be reached. The new law will not apply to defence-related products. In the process of launching the compulsory license procedure, the Commission will have to identify all related intellectual property rights and their holders. Right to compensation and fines for breaches The rights-holder would also be entitled to appropriate remuneration for the use of their patent by the licensee. The amount and timeframe for payment would be determined by the Commission and specified in the compulsory license. The regulation does not require the disclosure of trade secrets. The new rules also clarify obligations for licensees, e.g. not to produce more products than a set maximum amount and to label the products manufactured under compulsory license. Should a licensee breach the agreed obligations, such as producing more products than allowed or exporting them from the EU, the Commission can impose a fine not exceeding €300,000 and in the case of small or medium-sized enterprise not exceeding €50,000. Consulting advisory body, rights-holders and licensees A competent advisory body, or if such an organisation does not exist, an ad-hoc advisory body will issue its non-binding opinion on the need to grant an EU compulsory license. Rights-holders and licensees will also be consulted during the process and notified of the termination or expiry of a compulsory license. Quote Following the negotiations, rapporteur of the Legal Affairs Committee Adrián Vázquez Lázara (EPP, ES) said: “I am proud to see this regulation adopted. It strikes a crucial balance between protecting intellectual property rights and ensuring that, in times of crisis, essential technologies and products can be made available swiftly across the Union. This framework enhances our collective preparedness and reinforces the EU’s commitment to both innovation and public ********.” Next steps Once formally approved by the Parliament as a whole and the member states, the regulation will enter into force one day after its publication in the Official Journal. Background The European Commission presented its proposal on compulsory licensing in April 2023, as part of the EU patent package focusing on completion of the Single Market for patents. It was its reaction to the European Parliament resolution of November 2021, where it called on the Commission to analyse the possibility of compulsory licencing at the EU level. Source link #Deal #patent #rules #exception #ensure #supply #critical #products #News Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Kneecap member charged with a terror offence in the *** Kneecap member charged with a terror offence in the *** British police have charged a member of Irish rap group Kneecap with a terrorism offence for allegedly waving a Hezbollah flag at a concert. The Metropolitan Police force said Liam Og O hAnnaidh, 27, was charged under the Terrorism Act with displaying a flag in support of a proscribed organisation. The alleged offence happened at the Kentish Town Forum, a London concert venue, on November 21, 2024. The force said the musician – whose stage name is Mo Chara and whom police referred to by the English spelling of his name, Liam O’Hanna – was charged by postal requisition and is due in court on June 18. Police are still investigating footage from another Kneecap concert in November 2023. The Belfast trio has been praised for invigorating the Irish-language cultural scene in Northern Ireland, where the status of the language remains a contested political issue in a society still split between British unionist and Irish nationalist communities. It has also been criticised for lyrics laden with expletives and drug references and for political statements. Kneecap in 2024 released a raucous feature film loosely based on the band’s origins and fuelled by a heavy mix of drugs, sex, violence, politics and humour. The group’s members played themselves in the film Kneecap, which won an audience award at the Sundance Film Festival and a Bafta for outstanding debut. It was shortlisted for best foreign-language picture and best original song at the 2025 Academy Awards, though it didn’t make the final cut. Source link #Kneecap #member #charged #terror #offence Pelican News View the full article at [Hidden Content]

China’s GPRIMG Enters Long-Term LNG Supply Agreement with ConocoPhillips China’s GPRIMG Enters Long-Term LNG Supply Agreement with ConocoPhillips China’s Guangdong Pearl River Investment Management Group (GPRIMG) made headlines at the 29th World Gas Conference in Beijing with the announcement of its first long-term LNG purchase agreement, struck with U.S. energy major ConocoPhillips (NYSE:COP). The deal was signed on May 20 and disclosed through GPRIMG’s official WeChat account. It marks a significant step in the company’s push to expand its international energy footprint. China’s GPRIMG Enters Long-Term LNG Supply Agreement with ConocoPhillips This development is particularly noteworthy given the broader geopolitical and trade context. It’s likely the first long-term U.S.-China LNG agreement since Beijing imposed tariffs on U.S. LNG imports. Since the February 2025 implementation of those tariffs, China has not taken delivery of any U.S. LNG cargoes, according to data from S&P Global Commodities at Sea. Previous shipments earmarked for China were either rerouted or sold on the spot market, underscoring the disruption to direct trade flows. Although financial details were not disclosed, industry sources suggest the 15-year deal is indexed to Henry Hub prices, indicating the cargoes will originate from the U.S., with deliveries expected to begin in 2028. If accurate, this would reflect a renewed willingness on both sides to re-engage in long-term energy trade, even as tariffs remain in place. Strategically, GPRIMG views this agreement as a milestone in the evolution of its gas business and a foundational move toward deeper internationalization. The company framed the deal as a response to shifting global gas dynamics, including heightened supply uncertainty and pricing volatility. By locking in long-term supply, GPRIMG is not only strengthening its resource security but also positioning itself to navigate the increasingly complex global energy landscape. China’s gas imports declined in 2025, with seaborne LNG shipments dropping by 22% year-over-year through April. Despite the recent slowdown, China has played a dominant role in shaping the global gas market over the past decade, contributing to more than a third of the global growth in gas consumption. This rapid rise in demand helped transform China from a relatively small LNG player into the world’s largest importer by 2021. For ConocoPhillips (NYSE:COP), the agreement adds another reliable off-taker to its LNG portfolio, potentially contributing to long-term revenue visibility amid a competitive global gas market. While we acknowledge the potential of COP to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than COP and that has 100x upside potential, check out our report about this cheapest AI stock. Source link #Chinas #GPRIMG #Enters #LongTerm #LNG #Supply #Agreement #ConocoPhillips Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Why the climate crown is ready for China to take – if it wants to Why the climate crown is ready for China to take – if it wants to Noel Celis/AFP via Getty Images Nature abhors a vacuum, and so, too, does geopolitics. With the US under Donald Trump vacating the stage when it comes to tackling global warming, the climate crown is waiting to be claimed – and if China’s president, Xi Jinping, wants it, it is his for the taking. China’s climate record is mixed. Since 2006, it has been the biggest emitter of greenhouse gases, as the nation has rapidly industrialised. On the other hand, that industrialisation has seen it become the world leader in solar panel manufacturing. Xi himself has also shied away from the global climate stage. He hasn’t attended a COP climate summit since Paris in 2015, when countries agreed a target of holding warming below 1.5°C. While many nations have since interpreted this as needing to reach net-zero emissions by 2050, China has only pledged to reach carbon neutrality, a weaker promise, by 2060. But that could all be about to change. As we report on page 10, China’s emissions appear to have peaked. It also looks like Xi is planning to make an appearance at COP30 when it is held in Belém, Brazil, this November. The pieces are falling into place for a major climate intervention from China – but what will it be? The pieces are falling into place for a major climate intervention from China – but what will it be? The most likely announcement is an interim target on the way to 2060, perhaps a pledge for certain cuts by 2040. But if Xi wants to be the world’s climate leader, he should go further, with a pledge of net zero by 2050. That this would simply match existing targets by the likes of the *** is no small thing, as there is a feeling in many nations that those who were first to industrialise should also be first to cut emissions. China adopting the 2050 target would make it harder for others to wriggle out of it, and could spur on green tech. Will Xi go so far? Probably not. But with reports that COP30 may be a disappointment (see “Is the COP30 climate summit already in crisis, with six months to go?”), the Brazilian president, Luiz Inácio Lula da Silva, who has made no secret of his desire for strong relations with China, would do well to work on convincing Xi to act. If China is to take the crown, Brazil can be the crown bearer. Topics: Source link #climate #crown #ready #China Pelican News View the full article at [Hidden Content]

Retail Earnings Lag S&P 500—Tariffs and Thin Margins Cloud the Outlook Retail Earnings Lag S&P 500—Tariffs and Thin Margins Cloud the Outlook Interesting contrast between the major retailers raising prices, including Walmart (NYSE:) and Target (NYSE:), and those who aren’t (Home Depot (NYSE:) & Lowe’s (NYSE:)). The details provide better context. Operating margins for HD/LOW are almost 3x more than WMT/TGT (chart attached), giving them more flexibility to “eat the costs” relative to the others. Walmart’s operating margins are already a razor thin 4.3%, even before the tariffs. $19 billion in profits for WMT in FY2025 sounds like a lot, but not against $681 billion in sales. They spent $512 billion (75% of total sales) just on cost of revenue alone (AKA buying products from wholesalers). It’s not an apples to apples comparison. Earnings from the major retailers hasn’t been inspiring. Walmart posted the biggest earnings beat of the bunch (+5.2%), but below the market average (+6.8). Meanwhile EPS growth was negative for all but WMT. Only Home Depot reported sales above expectations (+1.4%), and above the market average (+9.0%). Meanwhile they all have EPS growth expectations for the next 4 quarters that is below the market average. Q1 results for all combined (with 92% having reported results now) has been impressive: 14.3% growth 76% beat rate results coming in 6.8% above expectations How much of this is pull forward from the tariffs is uncertain. The forward EPS estimates have already fallen from $279 to $270 since the Liberation Day. With prices rising, this has pushed the forward PE to 22.1x, against the backdrop of 4.5% interest rates. Still a tough sell for me no matter which way you look at it. Source link #Retail #Earnings #Lag #500Tariffs #Thin #Margins #Cloud #Outlook Pelican News View the full article at [Hidden Content]

Tottenham Hotspur wins first trophy in 17 years by beating Manchester United 1-0 in Europa League final – CNN Tottenham Hotspur wins first trophy in 17 years by beating Manchester United 1-0 in Europa League final – CNN Tottenham Hotspur wins first trophy in 17 years by beating Manchester United 1-0 in Europa League final CNNBrennan Johnson strikes to clinch Europa League glory for Tottenham The GuardianEuropa League final: Spurs 1 Man Utd 0 – Tottenham’s 17-year wait for a trophy ends in Bilbao The New York TimesLIVE: Manchester United vs Tottenham – UEFA Europa League final Al JazeeraEuropa League final: Tottenham and Manchester United’s players rated BBC Source link #Tottenham #Hotspur #wins #trophy #years #beating #Manchester #United #Europa #League #final #CNN Pelican News View the full article at [Hidden Content]