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Prime Minister Justin Trudeau is taking some time to reflect after Chrystia Freeland’s bombshell resignation as finance minister, Energy Minister Jonathan Wilkinson said Tuesday. That comes as the number of Liberals who are calling for Trudeau to step aside appears to have grown. “The prime minister, as I understand it, a number of caucus colleagues have said that the prime minister has said that he will reflect on both the decision that minister Freeland made, but also what he’s heard from members of his own caucus,” Jonathan Wilkinson said in an interview with The Canadian Press. “I think we all need to give him a little time to reflect, and I respect that fact that he’s going to take some time to reflect.” The House of Commons is now on its holiday break, giving Trudeau a few weeks to decide on his next move before MPs return to Ottawa on Jan. 27. Freeland’s decision to walk away from the top cabinet job came three days after Trudeau had informed her she would be moved out of the finance portfolio in the next cabinet shuffle. The news came out just hours before she was set to present the government’s fall economic statement in the House of Commons. That kicked off a day of turmoil on Parliament Hill that began with an unexpected cabinet meeting, followed by hours of confusion about which minister might table the important financial update, or if it would be introduced at all. Several Liberal MPs demanded an emergency caucus meeting, and during that evening gathering, some of them called for Trudeau to step aside as party leader. New Brunswick MP Wayne Long, one of 23 caucus members who signed a letter back in October calling for Trudeau to quit, remains adamant that it’s time for Trudeau to go. He said this time “is so different than times before.” “We certainly have more MPs than last time. So, if I had to guess how many more right now, I’d say we’re probably at 40 to 50 right now,” Long said. The attempt to oust Trudeau earlier in the fall ultimately failed to garner support from anyone in cabinet. This time, Long said, at least five cabinet ministers believe it’s time for a change at the top — though he did not identify them. “I certainly am one to say to my colleagues, to ministers in particular: ‘Let’s come out of the shadows,’” Long said. “Let’s openly, once and for all, state how we feel and let’s move forward with what we know has to happen.” Several former cabinet ministers have called for Trudeau to go, including former environment minister Catherine McKenna on Tuesday. “Every Liberal MP should be calling on the prime minister to resign,” she said in a post on social media. “The surest way to elect a Conservative majority and lose all the progress we’ve made is for him to stay. And we need to focus on tariff threat from the U.S. It’s over.” But most current cabinet ministers, when asked, have backed the prime minister publicly. Before question period on Tuesday Treasury Board President Anita Anand and Diversity Minister Kamal Khera, replied “yes” when asked if they support the prime minister. Environment Minister Steven Guilbeault said the same. Prince Edward Island MP Sean Casey isn’t convinced this attempt to push Trudeau out will work any differently than when he and 22 colleagues asked the prime minister to resign in October. At the time, Liberal MPs told reporters that Trudeau pledged to reflect on what was said. The very next day, he publicly stated his intention to stay on as leader. Casey does not think the prime minister will take a walk in the snow now, either. “There’s not a single indicator in anything that he says or does that would tell me otherwise. He seems to be absolutely committed and he has throughout the piece, he’s been remarkably consistent,” Casey said. Whenever Trudeau has been asked if he intends to lead the Liberals in the next election the response has been an unambiguous “yes.” Trudeau typically holds a cabinet retreat before the return of Parliament and a long-anticipated cabinet shuffle is likely to come soon. He replaced Freeland immediately with longtime friend and ally Dominic LeBlanc, who officially is now the minister of public safety, finance and intergovernmental affairs. Anand also holds two portfolios, juggling Treasury Board with transport, which she took on after Pablo Rodriguez stepped aside to prepare a run for the Liberal leadership in Quebec. There are also at least five sitting ministers who do not plan to run in the next election, including Housing Minister Sean Fraser, whose announcement on Monday about his future was completely overshadowed by Freeland’s bombshell. It has been a tumultuous fall for the government. The Liberals survived three non-confidence votes in the House of Commons and have struggled to advance legislation because of a filibuster on a Conservative privilege motion related to misspending at a now-defunct green technology fund. On Tuesday, Conservative Leader Pierre Poilievre once again called on NDP Leader Jagmeet Singh to topple the government. Poilievre said Canada needs an election because U.S. president-elect Donald Trump “can spot weakness from a mile away” and the Trudeau government is weak. Bloc Québécois Leader Yves-François Blanchet also said a new Parliament is needed “as soon as possible,” and he wants to see an election called in January. Blanchet said Trudeau has lost the political, moral and ethical authority to govern. On Monday, Singh called for Trudeau to step down but did not make a firm comment on whether the NDP would vote non-confidence in the Liberal government, saying only that “all options are on the table.” The NDP, which ended a formal supply-and-confidence agreement to support the Liberals in September, has since voted with the government on all three non-confidence motions, trying to spin it as voting against the Conservatives rather than with the Liberals. Singh has repeatedly said a Poilievre-led Conservative government would cut things New Democrats have fought for like dental care, pharmacare and other social programs.SHENZHEN, China , Nov. 26, 2024 /PRNewswire/ -- X Financial (NYSE: XYF ) (the "Company" or "we"), a leading online personal finance company in China , today announced its unaudited financial results for the third quarter ended September 30, 2024 . Third Quarter 2024 Operational Highlights The total loan amount facilitated and originated [1] in the third quarter of 2024 was RMB28,338 million , compared with RMB29,462 million in the same period of 2023. Total number of active borrowers [2] was 1,965,248 in the third quarter of 2024, compared with 1,809,815 in the same period of 2023. The total outstanding loan balance [3] as of September 30, 2024 was RMB45,766 million , compared with RMB49,685 million as of September 30, 2023 . The delinquency rate for all outstanding loans that are past due for 31-60 days [4] as of September 30, 2024 was 1.02%, compared with 1.11% as of September 30, 2023 . The delinquency rate for all outstanding loans that are past due for 91-180 days [5] as of September 30, 2024 was 3.22%, compared with 2.50% as of September 30, 2023 . Third Quarter 2024 Financial Highlights Total net revenue in the third quarter of 2024 was RMB1,582.5 million ( US$225.5 million ), representing an increase of 13.3% from RMB1,396.9 million in the same period of 2023. Income from operations in the third quarter of 2024 was RMB509.0 million ( US$72.5 million ), compared with RMB435.0 million in the same period of 2023. Net income in the third quarter of 2024 was RMB375.8 million ( US$53.6 million ), compared with RMB347.2 million in the same period of 2023. Non-GAAP [6] adjusted net income in the third quarter of 2024 was RMB433.6 million ( US$61.8 million ), compared with RMB374.5 million in the same period of 2023. Net income per basic and diluted American depositary share ("ADS") [7] in the third quarter of 2024 was RMB7.86 (US$1.12) and RMB7.74 (US$1.10) , compared with RMB7.26 and RMB7.02 , respectively, in the same period of 2023. Non-GAAP adjusted net income per basic and diluted ADS in the third quarter of 2024 was RMB9.12 (US$1.30) and RMB8.88 (US$1.27) , compared with RMB7.80 and RMB7.56 , respectively, in the same period of 2023. Mr. Kent Li , President of the Company, commented, "We are pleased to report another strong quarter, with loan volumes exceeding our forecast and a significant sequential improvement in asset quality. In the third quarter, we continued to promptly adjust loan volumes based on risk levels. As asset quality improved, we further intensified our borrower acquisition efforts, which have yielded very positive results. Both the top and bottom lines continued to grow year-over-year. Non-GAAP adjusted net income reached a new record high." "Specifically on the operational front, our total loan amount facilitated and originated was down 4% year-on-year but up 25% sequentially to RMB28 billion , above the high end of our guidance. Delinquency rates for all outstanding loans past due for 31-60 days and 91-180 days were 1.02% and 3.22%, respectively, at the end of the quarter, compared to 1.29% and 4.38% a quarter ago and 1.11% and 2.50% a year ago. We are pleased with these improvements in asset quality and will continue to optimize our risk management system through advanced technology." "In September this year, the Chinese government unveiled a comprehensive stimulus package aimed at improving liquidity, boosting the property market, stabilizing financial markets and stimulating consumption. We expect this will provide a meaningful boost to the macroeconomic recovery. As an integral part of the economy, the personal finance market we serve should benefit from this upturn. We have already observed positive signs in the market and are committed to adjusting loan volumes in line with risk levels. As a result of this favorable environment, we are raising our guidance and expect our monthly loan volume to exceed RMB10 billion in the fourth quarter, setting a new record." Mr. Frank Fuya Zheng , Chief Financial Officer of the Company, added, "I'm pleased to report that our strategy of balancing business growth and profitability continued to pay off. Total net revenue was RMB1.6 billion , up 13% year-on-year and 15% sequentially, while non-GAAP adjusted net income reached a record high of RMB434 million , up 16% year-on-year and sequentially. As we continue to deliver strong profitability and execute on our proven strategy, we have full confidence in our future. We will continue to execute our semi-annual dividend policy and explore opportunities under our share repurchase program to return more value to our shareholders over the long term." Third Quarter 2024 Financial Results Total net revenue in the third quarter of 2024 increased by 13.3% to RMB1,582 .5 million ( US$225 .5 million) from RMB1,396.9 million in the same period of 2023, primarily due to growth in various disaggregated revenue items compared with the same period of 2023. Please refer to analysis of disaggregation of revenue below. Loan facilitation service fees in the third quarter of 2024 increased by 5.9% to RMB878 .3 million ( US$125 .2 million) from RMB829 .4 million in the same period of 2023, primarily due to a decrease in the expected prepayment rates this quarter compared with the same period of 2023. Post-origination service fees in the third quarter of 2024 increased by 10.7% to RMB186 .1 million ( US$26 .5 million) from RMB168 .2 million in the same period of 2023, primarily due to the cumulative effect of increased volume of loans facilitated in the previous quarters. Revenues from post-origination services are recognized on a straight-line basis over the term of the underlying loans as the services are being provided. Financing income in the third quarter of 2024 increased by 11.6% to RMB335 .8 million ( US$47 .8 million) from RMB301 .0 million in the same period of 2023, primarily due to an increase in average loan receivables held by the Company compared with the same period of 2023. Guarantee income in the third quarter of 2024 was RMB53.6 million ( US$7.6 million ), compared with RMB7.9 million in the same period of 2023, due to the cumulative effect of increased volume of loans facilitated covered by guarantee service in the previous quarters compared with the same period of 2023. Revenues from guarantee service are recognized systematically when the Company released from the underlying risk. Other revenue in the third quarter of 2024 increased by 42.4% to RMB128.8 million ( US$18.3 million ), compared with RMB90.4 million in the same period of 2023, primarily due to an increase in referral service fee for introducing borrowers to other platforms. Origination and servicing expenses in the third quarter of 2024 increased by 13.6% to RMB457 .5 million ( US$65 .2 million) from RMB402 .9 million in the same period of 2023, primarily due to the increase in collection expenses resulting from the cumulative effect of increased volume of loans facilitated and originated in the previous quarters compared with the same period of 2023. Borrower acquisitions and marketing expenses in the third quarter of 2024 increased by 20.7% to RMB506 .8 million ( US$72 .2 million) from RMB419 .9 million in the same period of 2023, primarily due to intensified efforts in borrower acquisitions compared with the same period of 2023. Reversal of provision for loans receivable in the third quarter of 2024 was RMB35 thousand ( US$5 thousand ), compared with provision for loans receivable of RMB53.9 million in the same period of 2023, primarily due to a decrease in the average estimated default rate compared with the same period of 2023, and partially offset by an increase in loans receivable held by the Company as a result of the cumulative effect of increased volume of loans facilitated and originated in the previous quarters compared with the same period of 2023. Provision for contingent guarantee liabilities in the third quarter of 2024 was RMB56.4 million ( US$8.0 million ), compared with RMB41.6 million in the same period of 2023, primarily due to an increase in guarantee liabilities held by the Company as a result of the increased volume of loans facilitated covered by the guarantee service this quarter compared with the same period of 2023. Income from operations in the third quarter of 2024 was RMB509 .0 million ( US$72 .5 million), compared with RMB435 .0 million in the same period of 2023. Income before income taxes and gain from equity in affiliates in the third quarter of 2024 was RMB473 .5 million ( US$67 .5 million), compared with RMB417 .5 million in the same period of 2023. Income tax expense in the third quarter of 2024 was RMB100.3 million ( US$14.3 million ), compared with RMB74.2 million in the same period of 2023. Net income in the third quarter of 2024 was RMB375 .8 million ( US$53 .6 million), compared with RMB347 .2 million in the same period of 2023. Non-GAAP adjusted net income in the third quarter of 2024 was RMB433.6 million ( US$61.8 million ), compared with RMB374.5 million in the same period of 2023. Net income per basic and diluted ADS in the third quarter of 2024 was RMB7 .86 (US$1.12), and RMB7 .74 (US$1.10), compared with RMB7 .26 and RMB7.02 , respectively, in the same period of 2023. Non-GAAP adjusted net income per basic and diluted ADS in the third quarter of 2024 was RMB9 .12 (US$1.30), and RMB8 .88 (US$1.27), compared with RMB7 .80 and RMB7 .56 respectively, in the same period of 2023. Cash and cash equivalents was RMB1,044 .1 million ( US$148 .8 million) as of September 30, 2024 , compared with RMB1,612.2 million as of June 30, 2024 . Recent Development Share Repurchase Plans On September 4, 2024 , the Company further extended the period of the US$30 million share repurchase program until March 31, 2026 . In the third quarter of 2024, the Company repurchased an aggregate of 1,689,722 Class A ordinary shares with 10,038 Class A ordinary shares represented by ADSs for a total consideration of approximately US$1.3 million . The Company has approximately US$4.1 million remaining for potential repurchases under its US$30 million share repurchase plan. As previously disclosed, on May 30, 2024 , the Company announced that its board of directors authorized a new US$20 million share repurchase plan, effective through November 30, 2025 . The Company completed a tender offer in July 2024 under the new share repurchase program, with a total repurchase amount of approximately US$9.2 million . The Company has approximately US$10.8 million remaining under its US$20 million plan. Business Outlook The Company expects the total loan amount facilitated and originated for the fourth quarter of 2024 to be between RMB30.0 billion and RMB31.0 billion . The total loan amount facilitated and originated for 2024 is expected to be between RMB102.6 billion and RMB103.6 billion . This forecast reflects the Company's current and preliminary views, which are subject to changes. Conference Call X Financial's management team will host an earnings conference call at 7:00 AM U.S. Eastern Time on November 27, 2024 ( 8:00 PM Beijing / Hong Kong Time on November 27, 2024 ). Dial-in details for the earnings conference call are as follows: Please dial in ten minutes before the call is scheduled to begin and provide the passcode to join the call. A replay of the conference call may be accessed by phone at the following numbers until December 4, 2024 : Additionally, a live and archived webcast of the conference call will be available at http://ir.xiaoyinggroup.com . About X Financial X Financial (NYSE: XYF ) (the "Company") is a leading online personal finance company in China . The Company is committed to connecting borrowers on its platform with its institutional funding partners. With its proprietary big data-driven technology, the Company has established strategic partnerships with financial institutions across multiple areas of its business operations, enabling it to facilitate and originate loans to prime borrowers under a risk assessment and control system. For more information, please visit: http://ir.xiaoyinggroup.com . Use of Non-GAAP Financial Measures Statement In evaluating our business, we consider and use non-GAAP measures as supplemental measures to review and assess our operating performance. We present the non-GAAP financial measures because they are used by our management to evaluate our operating performance and formulate business plans. We believe that the use of the non-GAAP financial measures facilitates investors' assessment of our operating performance and help investors to identify underlying trends in our business that could otherwise be distorted by the effect of certain income or expenses that we include in income (loss) from operations and net income (loss). We also believe that the non-GAAP measures provide useful information about our core operating results, enhance the overall understanding of our past performance and future prospects and allow for greater visibility with respect to key metrics used by our management in its financial and operational decision-making. We use in this press release the following non-GAAP financial measures: (i) adjusted net income (loss), (ii) adjusted net income (loss) per basic ADS, (iii) adjusted net income (loss) per diluted ADS, (iv) adjusted net income per basic share, and (v) adjusted net income per diluted share, each of which excludes share-based compensation expense, impairment losses on financial investments, income (loss) from financial investments and impairment losses on long-term investments. These non-GAAP financial measures have limitations as analytical tools, and when assessing our operating performance, investors should not consider them in isolation, or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. We mitigate these limitations by reconciling the non-GAAP financial measures to the most directly comparable U.S. GAAP financial measures, which should be considered when evaluating our performance. We encourage you to review our financial information in its entirety and not rely on a single financial measure. For more information on these non-GAAP financial measures, please see the table captioned "Reconciliations of GAAP and Non-GAAP results" set forth at the end of this press release. Exchange Rate Information This announcement contains translations of certain RMB amounts into U.S. dollars at specified rates solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB 7.0176 to US$1.00 , the exchange rate set forth in the H.10 statistical release of the Board of Governors of the Federal Reserve System as of September 30, 2024 . Disclaimer Safe Harbor Statement This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "potential," "continue," "ongoing," "targets," "guidance" and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors and risks include, but not limited to the followings: the Company's goals and strategies; its future business development, financial condition and results of operations; the expected growth of the credit industry, and marketplace lending in particular, in China ; the demand for and market acceptance of its marketplace's products and services; its ability to attract and retain borrowers and investors on its marketplace; its relationships with its strategic cooperation partners; competition in its industry; and relevant government policies and regulations relating to the corporate structure, business and industry. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC. All information provided in this announcement is current as of the date of this announcement, and the Company does not undertake any obligation to update such information, except as required under applicable law. Use of Projections This announcement also contains certain financial forecasts (or guidance) with respect to the Company's projected financial results. The Company's independent auditors have not audited, reviewed, compiled or performed any procedures with respect to the projections or guidance for the purpose of their inclusion in this announcement, and accordingly, they did not express an opinion or provide any other form assurance with respect thereto for the purpose of this announcement. This guidance should not be relied upon as being necessarily indicative of future results. The assumptions and estimates underlying the prospective financial information are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could actual results to differ materially from those contained in the prospective financial information. Accordingly, there can be no assurance that the prospective results are indicative of the future performance of the Company, or that actual results will not differ materially from those set forth in the prospective financial information. Inclusion of the prospective financial information in this announcement should not be regarded as a representation by any person that the results contained in the prospective financial information will actually be achieved. You should review this information together with the Company's historical information. For more information, please contact: X Financial Mr. Frank Fuya Zheng E-mail: [email protected] Christensen IR In China Mr. Rene Vanguestaine Phone: +86-178-1749 0483 E-mail: [email protected] In US Ms. Linda Bergkamp Phone: +1-480-614-3004 Email: [email protected] SOURCE X Financial
During the conference, panel discussions and presentations focused on the latest trends and best practices in intellectual property rights protection in the e-commerce sector. Experts shared insights on the role of technology, data analytics, and legal frameworks in detecting and preventing intellectual property violations. Case studies and success stories were showcased to illustrate successful strategies for combating infringement and enforcing intellectual property rights.
Keir Starmer ‘softening’ inheritance tax stance, NFU chief hintsIn a shocking turn of events, Manchester United is reportedly set to offload a rising star who has failed to live up to expectations despite his hefty £300,000 weekly salary. With just 7 goals in 23 matches, the once-promising talent has fallen from grace and is now deemed surplus to requirements at the club.
In response to the backlash, Flight Manager issued a statement defending their pricing policy. They explained that the higher price was due to additional services and benefits included in the package, such as seat selection, priority boarding, and travel insurance. They argued that these added conveniences justified the increased cost and provided customers with a more comprehensive and hassle-free booking experience. However, this explanation failed to appease many customers who felt that the price hike was excessive and unjustifiable.A Very Electric Christmas will come to Indiana State University as part of the Performing Arts Series at 7:30 p.m. Monday in Tilson Auditorium. A pre-show event will take place at 6:30 p.m. Since bursting to national acclaim after appearing as a semi-finalist on ‘America’s Got Talent,’ Lightwire Theater has enthralled audiences worldwide with its unique combination of skill and grace as told through the technological innovations of moving light characters. People of all ages will be captivated by the visuals and menagerie of characters that magically appear out of the darkness. The program combines the arts of puppetry, theater and dance with the music of timeless holiday hits. Based in New Orleans, Lightwire Theater delivers innovative theatrical experiences to audiences worldwide. It has performed in all 50 states in the U.S. with one of its seven shows. Tickets for A Very Electric Christmas are on sale now at am.ticketmaster.com/indianastate . Adult ticket prices range from $23-$25, Indiana State faculty and staff tickets are $21-$23, and youth (ages 2-12) tickets are $5. Indiana State University students are admitted for free with a valid student ID. To purchase tickets, call 1-877-ISU-TIXS, go online to ticketmaster.com , or visit Hulman Center. The event is sponsored by The Hometown Savings Bank and Duke Energy.
The registration process itself is relatively straightforward, requiring individuals to provide basic personal information, proof of age, and contact details. While the prospect of potential conscription may seem daunting, it is crucial to approach this process with a sense of civic duty and national pride. By registering for military service, individuals are affirming their commitment to the common good and the protection of our homeland.As Barcelona struggles to find its footing on the pitch, the off-field drama threatens to further destabilize the team and hinder any chances of a swift recovery. With key matches on the horizon and pressure mounting on both the players and the coaching staff, resolving these internal issues has become a top priority for the club.Argentina’s two top financial trading markets merge
In conclusion, the revelations of internal strife within Barcelona serve as a stark reminder that success in football is not just about skill and tactics but also about harmony and cohesion within the team. As the club navigates through this challenging period, the true test lies not only in its ability to win matches but in its capacity to overcome adversity, rebuild trust, and emerge as a unified force, ready to conquer all obstacles that come its way.ATLANTA (AP) — Deliberations are underway in Atlanta after a year of testimony in the gang and racketeering trial that originally included the rapper Young Thug. Jurors are considering whether to convict Shannon Stillwell and Deamonte Kendrick, who raps as Yak Gotti, on gang, murder, drug and gun charges. The original indictment charged 28 people with conspiring to violate Georgia’s Racketeer Influenced and Corrupt Organizations Act. Opening statements in the trial for six of those defendants happened a year ago . Four of them, including Young Thug, pleaded guilty last month. The rapper was freed on probation. Stillwell and Kendrick rejected plea deals after more than a week of negotiations, and their lawyers chose not to present evidence or witnesses. Both seemed to be in good spirits Tuesday morning after closings wrapped the previous night. Kendrick was chatting and laughing with Stillwell and his lawyers before the jury arrived for instructions. The jury started deliberating Tuesday afternoon and was dismissed at 5 p.m. Jurors are expected to resume deliberations Wednesday morning. If they don’t reach a verdict by 3 p.m. Wednesday, the judge will send them home for the Thanksgiving weekend and they will return Monday morning. Kendrick and Stillwell were charged in the 2015 killing of Donovan Thomas Jr., also known as “Big Nut,” in an Atlanta barbershop. Prosecutors painted Stillwell and Kendrick as members of a violent street gang called Young Slime Life, or YSL, co-founded in 2012 by Young Thug, whose real name is Jeffery Williams. During closings on Monday, they pointed to tattoos, song lyrics and social media posts they said proved members, including Stillwell, admitted to killing people in rival gangs. Prosecutors say Thomas was in a rival gang. Stillwell was also charged in the 2022 killing of Shymel Drinks, which prosecutors said was in retaliation for the killing of two YSL associates days earlier. Defense attorneys Doug Weinstein and Max Schardt said the state presented unreliable witnesses, weak evidence and cherry-picked lyrics and social media posts to push a false narrative about Stillwell, Kendrick and the members of YSL. Schardt, Stillwell's attorney, reminded the jury that alleged YSL affiliates said during the trial that they had lied to police. Law enforcement played a “sick game” by promising they would escape long prison sentences if they said what police wanted them to say, Schardt said. He theorized that one of those witnesses could have killed Thomas. The truth is that their clients were just trying to escape poverty through music, Schardt said. “As a whole, we know the struggles that these communities have had,” Schardt said. “A sad, tacit acceptance that it’s either rap, prison or death.” Young Thug’s record label is also known as YSL, an acronym of Young Stoner Life. Kendrick was featured on two popular songs from the label’s compilation album Slime Language 2, “Take It to Trial" and “Slatty," which prosecutors presented as evidence in the trial. Weinstein, Kendrick’s defense attorney, said during closings it was wrong for prosecutors to target the defendants for their music and lyrics. Prosecutor Simone Hylton disagreed, and said surveillance footage and phone evidence supported her case. “They have the audacity to think they can just brag about killing somebody and nobody’s gonna hold them accountable,” Hylton said. The trial had more than its fair share of delays. Jury selection took nearly 10 months , and Stillwell was stabbed last year at the Fulton County jail, which paused trial proceedings. Judge Paige Reese Whitaker took over after Fulton County Superior Court Chief Judge Ural Glanville was removed from the case in July because he had a meeting with prosecutors and a state witness without defense attorneys present. Whitaker often lost patience with prosecutors over moves such as not sharing evidence with defense attorneys, once accusing them of “poor lawyering.” But the trial sped up under her watch. In October, four defendants, including Young Thug , pleaded guilty, with the rapper entering a non-negotiated or “blind” plea, meaning he didn't have a deal worked out with prosecutors. Nine people charged in the indictment, including rapper Gunna , accepted plea deals before the trial began. Charges against 12 others are pending. Prosecutors dropped charges against one defendant after he was convicted of murder in an unrelated case. Kramon is a corps member for The Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues. Follow Kramon on X: @charlottekramon
Overall, the woman's experience highlights the importance of informed decision-making, proper supervision, and prompt medical intervention in the realm of cosmetic treatments. Her story serves as a reminder that beauty should never come at the cost of one's health and well-being.AP Sports SummaryBrief at 5:14 p.m. EST
Israel and Lebanon's Hezbollah agree to a ceasefire to end nearly 14 months of fighting JERUSALEM (AP) — Israel has approved a United States-brokered ceasefire agreement with Lebanon’s Hezbollah, setting the stage for an end to nearly 14 months of fighting linked to the ongoing war in the Gaza Strip. Israeli warplanes meanwhile carried out the most intense wave of strikes in Beirut and its southern suburbs since the start of the conflict and issued a record number of evacuation warnings. At least 24 people were killed in strikes across the country, according to local authorities, as Israel signaled it aims to keep pummeling Hezbollah before the ceasefire is set to take hold at 4 a.m. local time on Wednesday. President Joe Biden, speaking in Washington, called the agreement “good news” and said his administration would make a renewed push for a ceasefire in Gaza. What to know about ceasefire deal between Israel and Lebanon's Hezbollah A ceasefire deal that could end more than a year of cross-border fighting between Israel and Lebanon’s Hezbollah militant group won backing from Israeli leaders. The truce that is set to take effect early Wednesday raised hopes and renewed difficult questions in a region gripped by conflict. Hezbollah leaders also signaled tentative backing for the U.S.-brokered deal, which offers both sides an off-ramp from hostilities But the deal does little directly to resolve the much deadlier war that has raged in Gaza since Hamas militants attacked southern Israel last October. Trump vows tariffs over immigration. What the numbers say about border crossings, drugs and crime. WASHINGTON (AP) — President-elect Donald Trump is threatening tariffs on Mexico and Canada as he seeks to portray them as responsible for illegal immigration and drug smuggling. Over its tenure, the Biden administration has struggled with growing numbers of migrants arriving at the southern border. But this year, the number of people crossing the border without documents has actually been falling. That's due in part to stricter enforcement by Mexican authorities as well as asylum restrictions announced earlier this year by the Biden administration. When it comes to fentanyl smuggling, much of the deadly supply comes from Mexico though statistics show more than 86% of those sentenced for fentanyl trafficking crimes in the 12 months ending September 2023 were U.S. citizens. AP finds that a Pentagon-funded study on extremism in the military relied on old data Early this year, Pete Hegseth told a Fox News audience a new, Pentagon-funded study proved that the number of military service members and veterans involved in the Jan. 6 insurrection did not indicate a wider problem in the armed forces. Hegseth, Donald Trump's pick to head the Department of Defense, wasn’t alone. The Wall Street Journal’s opinion page highlighted the same report as evidence that extremists in military communities were “phantoms” created by a “false media narrative.” The X account for Republicans on the House Armed Services Committee posted that the study showed the focus on extremism in the military was a “witch hunt.” But The Associated Press has found that the study relied on old data, misleading analyses and ignored evidence that pointed to the opposite conclusion. How Trump's bet on voters electing him managed to silence some of his legal woes WASHINGTON (AP) — Special counsel Jack Smith move to abandon two federal cases accusing Trump of endangering American democracy and national security does away with the most serious legal threats Trump was facing as he returns to the White House. It was the culmination of a monthslong defense effort to delay the proceedings at every step and use the criminal allegations to Trump's political advantage, putting the final word in the hands of voters instead of jurors. The move just weeks after Trump’s victory over Vice President Kamala Harris underscores the immense personal stake Trump had in the campaign in which he turned his legal woes into a political rallying cry. Walmart's DEI rollback signals a profound shift in the wake of Trump's election victory NEW YORK (AP) — Walmart’s sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at U.S. companies that are revaluating the legal and political risks associated with bold programs to bolster historically underrepresented groups in business. The risk associated with some of programs crystalized with the election of former President Donald Trump, whose administration is certain to make dismantling diversity, equity and inclusion programs a priority. Brazil’s Bolsonaro planned and participated in a 2022 coup plot, unsealed police report says SAO PAULO (AP) — Brazil’s former far-right President Jair Bolsonaro was fully aware of and actively participated in a coup plot to remain in office after his defeat in the 2022 election, according to a Federal Police report that has been unsealed. Brazil’s Federal Police last Thursday formally accused Bolsonaro and 36 other people of attempting a coup. They sent their 884-page report to the Supreme Court, which lifted the seal. Bolsonaro called a meeting in December 2022, during which he presented a draft decree to the commanders of the three divisions of the armed forces, that would have declared the vote fraudulent, to justify a possible military intervention. Bolsonaro has repeatedly denied any wrongdoing. Biden proposes Medicare and Medicaid cover costly weight-loss drugs for millions of obese Americans WASHINGTON (AP) — Millions of obese Americans would be eligible to have popular weight-loss drugs like Wegovy or Zepbound covered by Medicare or Medicaid under a new rule the Biden administration proposed Tuesday morning. The proposal, which would not be finalized until after President-elect Donald Trump takes office, could cost taxpayers as much as $35 billion over the next decade. It would give millions of people access to weekly injectables that have helped people shed pounds so quickly that some people have labeled them miracle drugs. New rule allows HIV-positive organ transplants People with HIV who need a kidney or liver transplant will be able to receive an organ from a donor with HIV. That's according to a new rule announced Tuesday by U.S. health officials. Previously, such transplants could be done only as part of research studies. The new rule takes effect Wednesday. It's expected to shorten the wait for organs for all, regardless of HIV status, by increasing the pool of available organs. The practice is supported by a decade of research, during which 500 transplants of kidneys and livers from HIV-positive donors have been done in the U.S. Surveillance tech advances by Biden could aid in Trump's promised crackdown on immigration President-elect Donald Trump will return to power next year with a raft of technological tools at his disposal that would help deliver his campaign promise of cracking down on immigration — among them, surveillance and artificial intelligence technology that the Biden administration already uses to help make crucial decisions in tracking, detaining and ultimately deporting immigrants lacking permanent legal status. One algorithm, for example, ranks immigrants with a “Hurricane Score,” ranging from 1-5, to assess whether someone will “abscond” from the agency’s supervision.Dejounte Murray is rejoining the Pelicans vs. Toronto and drawing inspiration from his mother
6. Cutting Out Entire Food Groups: Eliminating entire food groups from our diet, such as carbohydrates or fats, in an attempt to lose weight or improve health can lead to nutrient imbalances and deficiencies. Our bodies require a variety of nutrients from different food groups to function optimally, and cutting out essential nutrients can have detrimental effects on our health.
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